Current Affairs Quiz - May, 2020
This page presents 50 random questions from Current Affairs May, 2020 category for May, 2020 month in GKToday. These questions are suitable for SSC, Banking / IBPS, UPSC, IAS, NTSE, CLAT, Railways, NDA, CDS, Judiciary, UPPSC, RPSC, GPSC, MPSC, MPPSC and other states civil services / government job recruitment examinations of India. GKToday publishes 15-20 questions every day in its Yearly Current Affairs Series in GKToday Android App. Download Now.
1. Which country is the largest borrower of Asian Development Bank, as of 2020?
[A] China
[B] India
[C] Pakistan
[D] Philippines
Show Answer
Correct Answer: B [India ]
Notes:
India is the largest borrower of Asian Development Bank and the fourth largest shareholder of ADB. The institution has approved nearly $30 billion to India.
Recently, the Asian Development Bank has announced a $1.5 billion Covid-19 package for India to help funding the country’s response to tackle Covid-19. This is a part of the Covid Support program of ADB, under which the lender has provided nearly $20 bn to the Asian countries to revamp their economies.
2. Which Indian Private-sector bank will hold 30 percent of stake in Max Life Insurance, in its joint venture with Max Financial Services?
[A] HDFC Bank
[B] ICICI Bank
[C] Axis Bank
[D] Yes Bank
Show Answer
Correct Answer: C [Axis Bank]
Notes:
India’s leading private sector lender Axis Bank recently announced that it would acquire an additional 29 per cent stake in Max Life Insurance, its joint venture with Max Financial Services (MFS).
This acquisition will raise the total stake of Axis bank to 30 per cent. The remaining 70% will be held by Max Financial Services. Prior to this agreement, about 25.5 per cent in the Max Life Insurance was owned by Mitsui Sumitomo Insurance.
3. According to a recent report from the Internal Displacement Monitoring Centre (IDMC), in which country the world’s highest number of people were displaced in 2019?
[A] United States
[B] India
[C] Afghanistan
[D] Iran
Show Answer
Correct Answer: B [India]
Notes:
According to the recent report titled ‘The Global Report on Internal Displacement (GRID 2020)’, released by the Internal Displacement Monitoring Centre (IDMC), about 5 million people were displaced in India in 2019, which is the highest in the world till date.
IDMC, a part of the Norwegian Refugee Council, also states that the displacements in India is due to increased hazard intensity, high population and social and economic vulnerability. As many as 8 tropical storms hit the country. The centre has also noted a concentrated pattern inside countries, in regard with the displacement.
4. The Cauvery Water Management Authority (CWMA) was constituted to address dispute over water sharing among how many states/UT?
[A] Two
[B] Three
[C] Four
[D] Five
Show Answer
Correct Answer: C [Four]
Notes:
The Government of India constituted the Cauvery Water Management Authority (CWMA) in the year 2018, to address the dispute over sharing of Cauvery river water among Tamil Nadu, Karnataka, Kerala and Puducherry.
Recently, the CWMA, which was earlier under the Ministry of Water Resources, River Development and Ganga Rejuvenation, has been officially brought under the Jal Shakti Ministry. Along with CWMA, Godavari River Management Board and Krishna River Management Board are also brought under the Department of Water Resources River Development and Ganga Rejuvenation in the Ministry of Jal Shakti.
5. Chak-Hao, a variety of black rice, that recently bagged the Geographical Indication (GI) tag, is found in which state?
[A] Assam
[B] Sikkim
[C] Manipur
[D] Arunachal Pradesh
Show Answer
Correct Answer: C [Manipur]
Notes:
A black rice variety of Manipur called Chak-Hao has recently bagged the Geographical Indication (GI) tag.
Chak-Hao is an aromatic glutinous rice variety which has been cultivated in Manipur. It is also used traditional medical practitioners. It also has the longest cooking time due to its fibrous bran layer and higher crude fibre content. The terracotta work of Gorakhpur, Uttar Pradsh a centuries-old traditional art form, also bagged the G.I tag.
6. A national e-commerce marketplace ‘Bharatmarket’, is to be launched by which confederation of India?
[A] Confederation of Indian Industry (CII)
[B] Confederation of All India Traders (CAIT)
[C] Federation of Indian Chambers of Commerce & Industry (FICCI)
[D] National Association of Software and Service Companies (NASSCOM)
Show Answer
Correct Answer: B [Confederation of All India Traders (CAIT)]
Notes:
Apex Traders body, Confederation of All India Traders (CAIT) has recently announced that it would launch a national e-commerce marketplace ‘bharatmarket’.
The platform aims to connect all retail traders to the market, in collaboration with technology partners, who will provide services in logistics and supply chains from manufacturers to end consumers.
7. Chakmas and Hajongs communities, which were seen in news recently, are present in which Indian state/UT?
[A] Arunachal Pradesh
[B] Sikkim
[C] Himachal Pradesh
[D] Chhattisgarh
Show Answer
Correct Answer: A [Arunachal Pradesh]
Notes:
The Ministry of Development of the North Eastern Region (DoNER) has recently directed the state government of Arunachal Pradesh to include the Chakma and Hajong communities in the COVID-19 relief programme.
After a Delhi-based rights group sent its complaint to the Prime Minister’s Office about the exclusion of the two communities from the relief programme and the shortage of food faced by them, the Ministry issued an order to the state. The people of the communities were settled in the state by 1960s after they were displaced by a violence in present Bangladesh region.
8. As per the recent report of the Centre for Monitoring Indian Economy (CMIE), which area of the country recorded maximum unemployment rate after Covid-19?
[A] Rural areas
[B] Urban areas
[C] Semi-urban areas
[D] Hilly areas
Show Answer
Correct Answer: B [Urban areas]
Notes:
Mumbai based think tank, the Centre for Monitoring Indian Economy (CMIE) has recently released its report on unemployment rates of the country in various parts.
As per the report, unemployment rate of India has risen to 27.11% for the week ended May 3, against 7% in the month of March. The monthly unemployment rate is 23.52% in April. It also highlighted that the unemployment rate was the highest in urban areas and the lowest in hilly areas.
9. Which global alliance hosted the Coronavirus Global Response International Pledging Conference, to raise funds for Covid-19 response?
[A] G20
[B] G7
[C] European Union
[D] ASEAN
Show Answer
Correct Answer: C [European Union]
Notes:
The European Union and its partners co-hosted the Coronavirus Global Response International Pledging Conference to raise funds to kick-start the global fight against Covid-19, especially to manufacture a vaccine.
The target set by the European Commission for the initial funding was €7.5 billion (8 billion USD). Several world leaders, individuals and organisations participated in the conference and pledged 8 billion USD together. Canada was the highest contributor with $850 million. U.S. did not attend the conference.
10. ‘Amar Sonar Bangla’, the national anthem of Bangladesh, was written by which Indian poet, whose birth anniversary is celebrated on May 7?
[A] Bankim Chandra Chatterjee
[B] Rabindranath Tagore
[C] Aurobindo Ghosh
[D] Munshi Premchand
Show Answer
Correct Answer: B [Rabindranath Tagore]
Notes:
Rabindranath Tagore, also called as the ‘Gurudev’ wrote the ‘Amar Sonar Bangla’ song during the first partition of Bengal, announced by Lord Curzon in 1905. The song later led to the uprising of the freedom movement of the present Bangladesh and became their national anthem.
Tagore is the only known person who had composed national anthems for two countries, including Jana Gana Mana of India. The Sri Lankan national anthem was also inspired from Tagore’s work, as per some historians. His 159th birth anniversary was observed on May 7. National Gallery of Modern Art organised a virtual tour to commemorate the birth anniversary of Tagore.
The above questions are part of Daily Current Affairs 20 MCQs Series in GKToday's Academy Android Application. This series can be subscribed in the app only for Rs. 750/- for entire year.
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