AffairsCloud brings you the complete and important daily Current Affairs 1 & 2 November 2020 Quiz to achieve more marks in Banking, Insurance, UPSC, SSC, CLAT, Railways and all other competitive Exams. We have prepared the current affairs quiz question from our daily current affairs 2020 updates.
- Which Ministry/Body released a draft model Act and rules for states on conclusive land to minimise litigation and ease the land acquisition process for infrastructure projects?
1) Ministry of Earth sciences
2) Ministry of Home & Urban Affairs
3) Ministry of Rural Development
4) Ministry of Agriculture & Farmer Welfare
5) NITI Aayog
Answer & ExplanationAnswer-5) NITI Aayog
NITI (National Institution for Transforming India) Aayog released a draft model Act and rules for states on conclusive land titling. It was released to minimise litigation and ease the land acquisition process for infrastructure projects.
- Which scheme’s guidelines have been revised by the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers for promotion of domestic manufacturing of bulk drugs and medical devices?
1) Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS)
2) Production Linked Incentive Scheme (PLI)
3) Modified Electronics Manufacturing Clusters Scheme (EMC 2.0)
4) Pharmaceutical Promotion Development Scheme (PPDS)
5) Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP)
Answer & ExplanationAnswer-2) Production Linked Incentive Scheme (PLI)
On October 29, 2020, Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers (Sadananda Gowda) has revised guidelines of the Production Linked Incentive (PLI) schemes for promotion of domestic manufacturing of bulk drugs and medical devices.
Revised Guidelines –
Replacement of Criteria of ‘Minimum threshold’ investment with ‘Committed Investment’ by the selected applicant. Provision restricting the sales of eligible products to domestic sales for the purpose of eligibility of receiving incentives has been deleted. Change has been made in Minimum annual production capacity for 10 products. Change in eligibility criteria of minimum sales limit in line with projected demand, technology trend.
- Name the initiative launched by India Railways to ensure safety of women passengers on trains.
1) Mera Dost
2) Meri Sakhi
3) Mera Mitra
4) Meri Saheli
5) Mera Sathi
Answer & ExplanationAnswer-4) Meri Saheli
Indian Railways launched the ‘Meri Saheli’ initiative to ensure safety of women passengers on trains across all zones. Under the initiative, women passengers will be provided safety and security during their entire journey, i.e., from originating station till destination station. Meri Saheli is an initiative of Railway Protection Force (RPF).
- Which Bank launched instant payouts “Visa Direct” in association with Visa?
1) Axis Bank
2) Indian Bank
3) Bank of Maharashtra
4) Bank of Baroda
5) RBL Bank
Answer & ExplanationAnswer-5) RBL Bank
The RBL Bank (formerly known as Ratnakar Bank) in partnership with Visa has launched the latter’s processing capability “Visa Direct” that allows safe, convenient, real-time and secure funds delivery directly to financial accounts using credit and debit cards. This partnership underlines RBL’s “Partners ka Bank” philosophy.
This Launch will enable RBL Bank to help fintechs in enhancing their offerings with Visa Direct.
- How much of loan amount has been sanctioned by NABARD under Rural Infrastructure Development Fund (RIDF) to the Government of Goa for the latter’s various Social Infrastructure Projects?
1) 5004.30 lakh
2) 7504.30 Lakh
3) 8504.30 Lakh
4) 6504.30 Lakh
5) 4504.30 Lakh
Answer & ExplanationAnswer-3) 8504.30 Lakh
National Bank for Agriculture and Rural Development (NABARD) has sanctioned loans worth Rs 8504.30 Lakh under Rural Infrastructure Development Fund (RIDF) to the Government of Goa for the latter’s various Social Infrastructure Projects.
With this, NABARD achieved 100% of the target fixed for sanction to the Government of Goa during 2020-21.
It was instituted in NABARD with the objective of giving low cost support to State Governments and State-owned Corporations for quick completion of projects related to medium and minor irrigation, soil conservation and other forms of rural infrastructure.
- Name the scheme that Central Board of Direct Taxes (CBDT), Government of India has notified extension of deadline third time for direct tax legacy dispute resolution scheme from 31st December, 2020 to 31st March 2021.
1) Vivad Se Vishwas
2) One India Shreshtha Bharat
3) Povertex India
4) Prakash Path
5) Faceless assessment Scheme
Answer & ExplanationAnswer-1) Vivad Se Vishwas
Central Board of Direct Taxes (CBDT), Government of India has notified extension of payment deadline for direct tax legacy dispute resolution scheme (Vivad Se Vishwas) from 31st December, 2020 to 31st March 2021. Direct Tax Vivad se Vishwas Act, 2020 was enacted on 17th March, 2020 to settle tax disputes between individuals and the income tax department. It would benefit the taxpayers, as they would get instant disposal of the dispute with no further cost of litigation. They will also get monetary benefits in the form of waiver of penalty, interest and prosecution.
The deadline for making a declaration under the scheme has also been notified as 31st December 2020.
- Hindustan Aeronautics Limited (HAL) inks INR 400 Crore pact with which company for ‘Project Parivartan’?
1) IBM India
4) Tech Mahindra
Answer & ExplanationAnswer-4) Tech Mahindra
Hindustan Aeronautics Limited (HAL) signed a contract worth INR 400 Crore for a period of 9 years with Tech Mahindra for implementation of Enterprise Resource Planning (ERP) to support its ‘Project Parivarta’. Tech Mahindra will play a role in transformation and modernisation of ERP system as an implementation and support partner to enable HAL streamline and standardise its business processes across the organisation.
- Which Company has collaborated with National Skill Development Corporation (NSDC) to skill over 1 lakh underserved women in India with digital skills?
1) Microsoft India
2) Google India
Answer & ExplanationAnswer-1) Microsoft India
Microsoft India Private Limited, a subsidiary of American software company Microsoft Corporation, has collaborated with National Skill Development Corporation (NSDC) to skill over 1 lakh underserved women in India with digital skills over the next 10 months. This initiative is an extension of the partnership of Microsoft India and NSDC to
to provide digital skills to over 1 lakh Indian youth.
- Who has been appointed as chief secretary of Assam Government?
1) Sanjay Kumar
2) Kumar Sanjay Krishna
3) Mukul Singhal
4) Jishnu Baruah
5) Alapan Bandyopadhyay
Answer & ExplanationAnswer- 4) Jishnu Baruah
Jishnu Baruah, 1998 batch IAS (Indian Administrative Service) officer took charge as the new chief secretary of Assam Government. He succeeds Kumar Sanjay Krishna.
Jishnu Baruah prior to this appointment was serving as the additional chief secretary for Home and Political, Revenue and Disaster Management and Assam Accord Implementation departments.
- Who has been appointed as Chief Executive Officer of Electronics Sector Skill Council of India (ESSCI)?
1) Jishnu Baruah
2) Rajesh Khullar
3) Sameer Kumar Khare
4) Imtiyazur Rahman
5) PVG Menon
Answer & ExplanationAnswer-5) PVG Menon
Electronics Sector Skill Council of India (ESSCI) appointed PVG Menon as its Chief Executive Officer (CEO). PVG Menon will be responsible to oversee the operations of ESSCI and will work with is governing Council on strategic issues related to the growth of the electronic systems design and manufacturing (ESDM) industry in India.
- Which State is the best governed state in the Large States Category as per the PUBLIC AFFAIRS INDEX (2020)?
2) Tamil Nadu
4) Andhra Pradesh
5) Uttar Pradesh
Answer & ExplanationAnswer-1) Kerala
Kerala emerged as the Best Governed State in the Large States Category, Goa emerged as the Best Governed State in Small States Category, Chandigarh emerged as the Best Governed Union Territory based on Governance in the 5th edition of Public Affairs Index 2020 (PAI 2020) released by Public Affairs Centre (PAC) on October 30, 2020.
Overall PAI 2020 Index – Scores and Rankings
Rank Large States PAI 2020 Index 1 Kerala 1.388 2 Tamil Nadu 0.912 3 Andhra Pradesh 0.531
Rank Small States PAI 2020 Index 1 Goa 1.745 2 Meghalaya 0.797 3 Himachal Pradesh 0.725
Rank Small States PAI 2020 Index 1 Chandigarh 1.057 2 Puducherry 0.520 3 Lakshadweep 0.003
- Axis Bank Ltd is ready to acquire around ______ of the equity share capital of Max life Insurance.
Answer & ExplanationAnswer- 3) 19%
Axis Bank Ltd along with its subsidiaries namely, Axis Capital Ltd and Axis Securities Ltd (together Axis Entities) has agreed to enter into revised agreements with Max Financial Services (MFS) Ltd to acquire up to 19.002% of the equity share capital of Max Life Insurance Co Ltd (Revised Agreements). This is in accordance with the Para 5(b) of Master Direction- Reserve Bank of India (Financial Services provided by Banks) Directions, 2016. Earlier the Axis bank was to acquire 17.002% in Max Life Insurance.
- Which Missile’s air launch version have been successfully test fired by Indian Air Force recently (October)?
Answer & ExplanationAnswer-5) BrahMos
On October 30, 2020, Indian Air Force (IAF) successfully test-fired an air launched version of the BrahMos supersonic cruise missile from a Sukhoi fighter aircraft in the Bay of Bengal. The missile hit the target of the sinking ship with deadly accuracy. The aircraft, belonging to Thanjavur-based Tigersharks squadron, took off from a frontline airbase in Punjab and it was refueled mid-air before the missile was released.
- Name the Indian boxer who won Gold medal in Alexis Vastine International Boxing Tournament held at Nantes, France.
1) Amit Panghal
2) Ashish Kumar
4) Both 1&2
5) All 1, 2&3
Answer & ExplanationAnswer-5) All 1, 2&3
Explanation:Alexis Vastine International Boxing Tournament for elite boxers was held from October 27, 2020 to October 31, 2020 at Nantes, France where nine Indians boxers i.e. five men and four women qualified for the Tokyo Olympics, postponed to next year because of the COVID-19 pandemic.
It was organized by AIBA (International Boxing Association), FFBOXE (French Boxing Federation) and EUBA (European Boxing Federation) which saw participation from 10 nations.
List of Indian Winners:
Winner Category (Kg) Medal Amit Panghal 52 Gold Ashish Kumar 75 Gold Sanjeet 91 Gold Kavinder Singh Bisht 57 Silver Shiva Thapa 63 Bronze Sumit Sangwan 81 Bronze Satish Kumar +91 Bronze
- When does the World Cities Day observed with the 2020 Theme-‘Valuing our communities and cities’?
1) October 28
2) October 29
3) October 31
4) November 1
5) October 30
Answer & ExplanationAnswer- 3) October 31
The United Nations (UN) World Cities Day 2020 is observed annually on October 31. The day is observed to promote global urbanization, address challenges of urbanization and contribute to sustainable urban development around the world. This is the Seventh Global Celebration of World Cities Day, since it was launched in 2014.
The Theme of World Cities Day 2020 is ‘Valuing our communities and cities’, The General theme is “Better City, Better Life”. The Global Celebrations was hosted by the County Government of Nakuru, Kenya. Kenya Will became the first African Country to host the World Cities Day Global Observance.
- The Global Media and Information Literacy (MIL) Week is held from _____________.
1) October 14-21
2) October 20-27
3) October 22-29
4) October 24-31
5) October 18-25
Answer & ExplanationAnswer-4) October 24- 31
The Global Media and Information Literacy (MIL) Week is held annually from October 24 – 31 since 2012 to tackle disinformation and misinformation. The year 2020 marked its 10th edition under the theme “Resisting Disinfodemic: Media and Information Literacy for everyone and, by everyone”.
The event led by the United Nations Educational, Scientific and Cultural Organization (UNESCO) was virtually hosted by the Republic of Korea amid COVID-19. It was also joined by the World Health Organization (WHO).
- Which day is observed as World Thrift Day?
1) October 26
2) October 28
3) October 31
4) October 30
5) October 29
Answer & ExplanationAnswer-3) October 31
World Thrift Day is observed annually on October 31 since 1925 to promote savings and financial security of individuals and the nation as a whole. This day also raises awareness among the people to save their money in a bank rather than keeping it at home.
The first International Thrift Congress which was held in Milan, Italy in 1924 where it was declared October 31 as the World Thrift day.
- Rashtriya Ekta Diwas or National Unity Day is observed on which day?
1) September 31
2) October 29
3) October 31
4) August 29
5) November 29
Answer & ExplanationAnswer- 3) October 31
Rashtriya Ekta Diwas or National Unity Day is observed annually on October 31 to mark the Birth Anniversary of Iron Man of India-Sardar Vallabhbhai Patel. The year 2020 marks the 145th Birth Anniversary of Vallabhai Patel.
National Unity Day was introduced by the Government of India in 2014.
Sardar Vallabhbhai Patel played a crucial role in integration of India from 560 princely states as the First Deputy Prime Minister and Home Minister of Independent India. The day is being observed to acknowledge the efforts of Patel to unite India.
- Union Territory of Ladakh celebrated its First Raising Day on October 31, 2020 and Jammu & Kashmir also marks first anniversary for Union Territory status. Ladakh became a Union Territory in which year?
Answer & ExplanationAnswer-3) 2019
Union Territory of Ladakh celebrated its First Raising Day on October 31, 2020. It was on 31st October 2019 that Ladakh became a Union Territory. Ladakh is celebrating the Union Territory Foundation Day with a theme of One year of Development, Prosperity and Empowerment. A series of foundation ceremonies or dedications were planned in Leh and Kargil districts to commemorate the day. October 31, also marks one year since Jammu and Kashmir acquired the Union Territory status.
- Name the app launched by Delhi Government to redress pollution complaints.
1) Clean Delhi
2) Clear Delhi
3) Delhi Hariyali
4) Green Delhi
5) Pollution Free Delhi
Answer & ExplanationAnswer-4) Green Delhi
In order to increase citizen participation in the fight against pollution and ensure timely action against pollution sources in Delhi, Arvind Kejriwal, Chief Minister of Delhi launched ‘Green Delhi’ App (application). Citizens using the app can bring pollution causing activities to the notice of the Government.
At the Delhi Secretariat a ‘green war room’ has been established to monitor the status of complaints. A team of 70 ‘green’ marshals will help in solving the complaints.
Citizens can click pictures or make a video of pollution causing activities, like burning of garbage, industrial pollution, etc, and upload them on the app. The app will identify the location and automatically the complaint will be sent to the concerned department for timely redressal.
- Name the IT Platform which launched the facility of filing NIL statement in Form GST CMP-08 for Composition Taxpayers through SMS and without logging in to the GST portal.
3) The Goods and Services Tax Network (GSTN)
5) Tech Mahindra
Answer & ExplanationAnswer-3) The Goods and Services Tax Network (GSTN)
The Goods and Services Tax Network (GSTN), the IT platform of GST system launched the facility of filing NIL statement in Form GST CMP-08 for Composition Taxpayers through (short message service) and without logging in to the GST portal. CMP-08 is a quarterly statement of self-assessed tax to be filed by Composition Taxpayers. This will benefit 3.5 lakh taxpayers who file NIL statement under Composition Scheme.
STATIC GK based on Current Affairs
- Bordoibam Bilmukh Bird Sanctuary is located in which state?
2) Andhra Pradesh
5) Tamil Nadu
Answer & ExplanationAnswer-4) Assam
Located in Dhemaji and Lakhimpur districts, the Bird Sanctuary covers an area of11.25 sq. kms. Bordoibam was formed after the great earthquake of 1950 when river Subansiri changed its course.
- Where is the headquarters of National Bank for Agriculture and Rural Development (NABARD)?
1) Lucknow, Uttar Pradesh
2) New Delhi
3) Pune, Maharashtra
4) Mumbai, Maharashtra
5) Chennai, Tamil Nadu
Answer & ExplanationAnswer-4) Mumbai, Maharashtra
National Bank for Agriculture and Rural Development is an apex development finance institution fully owned by Government of India. The bank has been entrusted with “matters concerning policy, planning, and operations in the field of credit for agriculture and other economic activities in rural areas in India”.
- Lokpriya Gopinath Bordoloi International Airport lies in which state?
1) Andhra Pradesh
4) Tamil Nadu
Answer & ExplanationAnswer-3) Assam
Located in ASSAM, Lokpriya Gopinath Bordoloi Airport, also known as Guwahati Airport and formerly as ‘Borjhar Airport’, is the primary airport of the North-Eastern states of India. It is the 8th busiest airport in India.
- Where is the headquarters of Hindustan Aeronautics Limited (HAL)?
1) Bengaluru, Karnataka
2) New Delhi
3) Pune, Maharashtra
4) Hyderabad, Telangana
5) Chennai, Tamil Nadu
Answer & ExplanationAnswer-1) Bengaluru, Karnataka
Hindustan Aeronautics Limited (HAL) is an Indian state-owned aerospace and defence company headquartered in Bangalore (Bengaluru), India. It is governed under the management of the Indian Ministry of Defence.
- Asola Bhatti Wildlife Sanctuary is located in which state?
Answer & ExplanationAnswer- 1) Delhi
Asola-Bhatti Wildlife Sanctuary lies at the far southern edge of the city of Delhi, at Asola near Tughlaqabad in the Delhi National Capital Territory of India. Asola Bhatti Wildlife Sanctuary is a popular natural park that is home to different species of birds, amphibians, reptiles, and mammals. To be precise, you can find over 80 species of butterflies, 193 types of birds, and over 100 different insects here.