11. SEBI has approved which organisation to undertake e-KYC Aadhaar authentication?
[A] BSE
[B] NSE
[C] NABARD
[D] NHB
Show Answer
Correct Answer: B [NSE]
Notes:
Markets regulator SEBI has added National Stock Exchange (NSE) to the list of entities that can carry out e-KYC Aadhaar authentication.
Earlier in May 2020, SEBI had rolled out a list of 8 entities that permitted to undertake e-KYC (Electronic-Know Your Customer) Aadhaar authentication. SEBI has stated that NSE can undertake Aadhaar authentication service of the UIDAI subject to compliance certain terms and conditions.
12. At what rate, the Funds sent abroad would be subjected to Tax Collection at Source (TCS), from October 1, 2020.
[A] 2%
[B] 5%
[C] 10%
[D] 20%
Show Answer
Correct Answer: B [5%]
Notes:
Funds above Rs.7,00,000 sent abroad under RBI’s Liberalised Remittance Scheme would be subjected to 5% Tax Collection at Source.
This is under the Finance Act 2020 and would come in to force from 1st October 2020. On payments above Rs.700,000, the TCS will apply on the amount above this threshold. The TCS is not applicable for buying a tour package.
13. What is the name of the new Scheme launched by the Prime Minister, related to Blue Revolution, with an investment of Rs 20050 Cr?
[A] PM Matsya Sampada Yojana
[B] PM Macha Sinchayee Yojana
[C] PM Krishi Sampoorna Yojana
[D] PM Kisan Sanrakshan Yojana
Show Answer
Correct Answer: A [PM Matsya Sampada Yojana]
Notes:
Prime Minister digitally launched the Pradhan Mantri Matsya Sampada Yojana (PMMSY), which will be implemented by the Ministry of Fisheries, Animal Husbandry & Dairying.
The scheme aims to promote sustainable development of fisheries sector with an investment of Rs. 20,050 crores during a period of 5 years from FY 2020-21 to FY 2024-25. This scheme was announced as a part of AatmaNirbhar Bharat Package, to combine the achievements of the Blue revolution.
14. Which Government Department has launched a new scheme called Five Star Villages?
[A] Department of Post
[B] Department of Science and Technology
[C] Department of Agriculture, Cooperation and Farmers Welfare
[D] Department of Financial Services
Show Answer
Correct Answer: A [Department of Post]
Notes:
The Department of Post has launched a new scheme called Five Star Villages, to expand Universal coverage of Postal schemes in rural areas of the country.
The scheme aims to create public awareness on Postal Products and services across all interior villages. The products covered include Sukanya Samridhi Accounts, PPF Accounts, PM Suraksha Bima Yojana Account, PM Jeevan Jyoti Bima Yojana Account and other SB and RD accounts being offered.
15. “EASE” reforms, which is in news recently is associated with which field?
[A] Exports
[B] Mining
[C] Banking
[D] Education
Show Answer
Correct Answer: C [Banking]
Notes:
The Union Finance Minister Nirmala Sitharaman has announced the performance of Public Sector Banks (PSBs) under EASE Banking Reforms Index 2.0. EASE stands for “Enhanced Access and Service Excellence”.
Bank of Baroda, State Bank of India, and erstwhile Oriental Bank of Commerce were the top three in the list of “Top Performers”. Bank of Maharashtra, Central Bank of India and erstwhile Corporation Bank were the leading banks in ‘Top Improvers’ category.
16. The first ever Trilateral dialogue between India and which two nations in Indo-Pacific regions were held?
[A] Japan-China
[B] Sri Lanka-Bangladesh
[C] USA-UAE
[D] France-Australia
Show Answer
Correct Answer: D [France-Australia]
Notes:
The first India-France-Australia Trilateral Dialogue was held in a virtual mode recently. The virtual meet was co-chaired by Harsh Vardhan Shringla, the Foreign Secretary of India.
The meeting focused on enhancing cooperation among the three countries in Indo-Pacific Region. Moreover, the participants discussed on economic and strategic challenges in the context of the COVID-19.
17. Which social-media platform has launched a search prompt named ‘ThereIsHelp’, to prevent suicide?
[A] Facebook
[B] TikTok
[C] Twitter
[D] WeChat
Show Answer
Correct Answer: C [Twitter]
Notes:
Social media major Twitter India has recently launched a dedicated search prompt for resources on mental health and suicide prevention.
This initiative has been launched on the occasion of World Suicide Prevention Day. The search prompt #ThereIsHelp has been launched in association with the National Institute of Mental Health and Neurosciences (NIMHANS).
18. As per the recent WHO report ‘Countdown to 2023’, which disease is estimated to cause around 5 lakh deaths per year?
[A] Coronary heart disease
[B] Cancer
[C] Diabetes
[D] Asthma
Show Answer
Correct Answer: A [Coronary heart disease]
Notes:
The World Health Organization (WHO) recently released a report titled Countdown to 2023: WHO report on global trans-fat elimination 2020.
As per the report, more than 100 countries have to take actions to remove harmful substances from their food supplies. Due to consumption of trans fats, 5 lakh deaths per year is estimated due to coronary heart disease.
19. What is the name of the social activist and Arya Samaj Leader who has passed away recently?
[A] Swami Agnivesh
[B] Narendra Kumar Swain
[C] Govind Swarup
[D] Kesavananda Bharati
Show Answer
Correct Answer: A [Swami Agnivesh]
Notes:
Veteran Social activist and former Haryana MLA Swami Agnivesh has recently passed away in Delhi, after he was suffering from liver cirrhosis.
Swami Agnivesh was considered as a revolutionary leader of Arya Samaj and had led a campaign against bonded labour and female foeticide. He was also an advocate for the dialogue between religions.
20. Which regulator in India is set to revamp its IT infrastructure network and communication systems?
[A] RBI
[B] NABARD
[C] SEBI
[D] IRDAI
Show Answer
Correct Answer: C [SEBI]
Notes:
Security and Exchange Board of India (SEBI) has proposed to revamp its IT infrastructure network and communication systems.
Also, SEBI has proposed to have a centralised control over its network. In this regard, SEBI has shortlisted 8 companies which includes Bharti Airtel, Wipro, TCS, HP, IBM, NTT India, Orange Business Services India Technology and Sify Technologies.