AffairsCloud brings you the complete and important daily Current Affairs 13 & 14 September 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.
- Who has launched the Climate Smart Cities Assessment Framework (CSCAF) 2.0 & the “Streets for People Challenge” recently?
1) Pralhad Joshi
2) Shripad Yasso Naik
3) Hardeep Singh Puri
4) Narendra Singh Tomar
5) Prakash Javadekar
Answer-3) Hardeep Singh Puri
Union Minister of State (MoS)- Independent Charge (I/C) Hardeep Singh Puri for Ministry of Housing and Urban Affairs (MoHUA) launched the Climate Smart Cities Assessment Framework (CSCAF) 2.0, along with the “Streets for People Challenge” in a virtual event organized by the Smart Cities Mission from New Delhi. It should be noted that the National Institute of Urban Affairs (NIUA) with support from MoHUA has established the Climate Centre for Cities (C3), now these C3 under NIUA are supporting MoHUA in implementation of CSCAF.
- South India’s first Kisan train was commenced from which state to New Delhi recently?
1) Uttar Pradesh
3) Andhra Pradesh
5) Madhya Pradesh
Answer-3) Andhra Pradesh
India’s second and South India’s first Kisan Train commenced its inaugural run from Anantapur in Andhra Pradesh to Adarsh Nagar in New Delhi on September 9, 2020. Anantapur is fast becoming the Fruit Bowl of Andhra Pradesh.
- Which session of the United Nations General Assembly High-Level Forum on the Culture of Peace held recently?
The 74th Session of the United Nations General Assembly (UNGA) High-Level Forum (HLF) on the Culture of Peace which was convened by its President Tijjani Muhammad-Bande and addressed by UN Secretary-General Antonio Guterres on the theme “The Culture of Peace: Change our world for the better in the age of COVID-19”. The event was also addressed by ambassadors of a large number of Member States and High Representatives of several UN entities where Indian side was represented by Counsellor in the Permanent Mission of India to the UN Paulomi Tripathi. Apart from the above mentioned main event, a side event titled “Education, Covid-19 and the Culture of Peace” was also organized by the renowned US Think Tank the International Peace Institute (IPI).
- Name the social security scheme which was launched by Odisha government for sanitation workers.
Chief Minister of Odisha, Naveen Patnaik launched a first-of-its-kind statewide scheme called “GARIMA” to ensure the safety and dignity of core sanitation workers of the state. He dedicated the scheme to Mahatma Gandhi. It will be implemented by Housing & Urban Development (H&UD) Department through 114 Urban Local Bodies (ULBs) of Odisha and an Initial Fund of Rs. 50 Crore will be allocated for implementation of the scheme. The Ministry of Housing and Urban Development department, Odisha has signed a Ministry of Understanding (MoU) with not-for-profit organization Urban Management Centre for providing the technical support to implement the scheme.
- Find the J&K governor who announced Universal Health Insurance coverage scheme for all residents of the UT.
1) Anandiben Patel
2) Anusuiya Uikey
3) B. D. Mishra
4) Manoj Sinha
5) R. N. Ravi
Answer-4) Manoj Sinha
Jammu & Kashmir (J&K) Governor, Manoj Sinha announced Universal Health Insurance Coverage Scheme for all residents of the Union Territory at an annual expenditure of Rs 123 Crores. The scheme will have the same benefits as the Ayushman Bharat Scheme. Through the scheme which is the first of its kind in the country, beneficiaries can avail cashless treatment at all hospitals under the Ayushman Bharat Scheme across the country. The Governor invited suggestions from the public for naming of the J&K Health Scheme.
- YSR Aasara scheme was launched by which state?
2) Tamil Nadu
4) Andhra Pradesh
Answer-4) Andhra Pradesh
As a step to empower women economically and socially, YS Jaganmohan Reddy, Chief Minister of Andhra Pradesh(AP), launched ‘YSR Aasara’ scheme. Under the scheme, AP government will reimburse outstanding bank loans of women Self-Help Groups (SHG) as on April 11, 2019 into their accounts directly in four phases. YSR Aasara is a part of the Navaratna welfare schemes.
- Which bank has signed USD 15 million deal with Suguna foods to sustain rural livelihoods in India during pandemic?
1) Asian Infrastructure Investment Bank (AIIB)
2) New Development Bank (NDB)
3) Asian Development Bank (ADB)
4) World Bank (WB)
5) None of these
Answer- 3) Asian Development Bank (ADB)
In order to help sustain poultry farming operations, rural livelihoods and food security in India during the COVID-19 pandemic, Asian Development Bank (ADB) has signed an agreement for USD ($) 15 million debt financing through the subscription of nonconvertible debentures for Suguna Foods Private Limited (Suguna), one of India’s largest poultry broiler enterprises, in equivalent Indian rupees. It aligns with the National Action Plan for Egg and Poultry and with the $20 billion response package of ADB to COVID-19.
- Name the organization which revamped the multi-cap mutual funds category recently.
1) Forward Market Commission of India
2) Reserve Bank of India
3) Insurance Regulatory and Development Authority of India
4) Pension Fund Regulatory and Development Authority
5) Securities and Exchange Board of India
Answer-5) Securities and Exchange Board of India
Securities and Exchange Board of India (SEBI) publicized a partially modified portfolio structure for multi-cap mutual funds category through a circular stating minimum investment in equity & equity related instruments and definition of large-cap, mid-cap and small-cap. With regard to this, Asset Management Company (AMC) will now have to invest at least 25% of their portfolios across large-cap, mid cap and small cap companies each. This decision has been taken for decreasing the risk of being overweight on any one kind of market-cap firm. The definition of large-cap, mid-cap and small-cap as follows: Large Cap: 1st -100th company in terms of full market capitalization Mid Cap: 101st -250th company in terms of full market capitalization Small Cap: 251st company onwards in terms of full market capitalization.
- The RBI laid down guidelines for banks to appoint Chief Compliance Officers (CCO) recently. The CCO should be appointed for a minimum fixed period of how many years (age not more than 55 years)?
1) 3 years
2) 2 years
3) 5 years
4) 1 year
5) 7 years
Answer-1) 3 years
In order to ensure uniformity and effective management of compliance risk in banking sector, on September 11, 2020, Reserve Bank of India (RBI) laid down guidelines for “Compliance Functions in Banks and Role of Chief Compliance Officer (CCO)” stating appointment and tenure of chief compliance officer (CCO), policy (which should be reviewed at least once a year), and reporting requirements and duties of the compliance function, among others. CCO should be appointed for a minimum fixed period of 3 years with age not more than 55 years. The Audit Committee of the Board (ACB) / Managing Director (MD) & CEO should factor this requirement while appointing CCO. –No vigilance case or adverse observation from RBI, shall be pending against the candidate identified for appointment as the CCO.
- What will be GDP of India in FY21 as per estimation of CARE ratings?
1) -5.0% to -6.20%
2) -12.5% to -13.0%
3) -7.0% to -8.0%
4) -10.0% to -10.5%
5) -8.0% to -8.2%
Answer-5) -8.0% to -8.2%
The latest report for revised GDP forecast FY 21 by CARE Ratings Limited-CARE (formerly Credit Analysis and Research Limited) projected India’s GDP (Gross Domestic Product) to contract by 8.0 – 8.2% (-8.0% to -8.2%) in FY 21. Earlier in July, 2020 the rating agency had projected that India’s GDP will contract by 6.4% (-6.4%) in FY21. The report also forecasted that Gross Value Added (GVA) growth in FY21 will be -7.7%.
- Which company has partnered with NVIDIA to pursue expanded opportunities in the Artificial Intelligence (AI) space?
1) HCL Technologies
2) Tata Consultancy Services
3) Dell Technologies
4) Tech Mahindra
5) Oracle Financial Services
Answer-1) HCL Technologies
In order to pursue expanded opportunities in the Artificial Intelligence (AI) space, HCL Technologies Ltd (HCL), a leading global technology company, has partnered with NVIDIA Partner Network (NPN), the US-based technology company’s partner program. HCL to launch NEXT.ai, HCL’s AI Lab, which focuses on upskilling engineers and architects, using AI solutions across hardware and software technology stacks. NEXT.ai is powered by two NVIDIA DGX-1 systems, which enables accelerated delivery of AI solutions.
- Credit rating agency, Moody’s has projected contraction of _____ in Indian economic growth in FY21.
Ratings agency Moody’s projected a contraction of 11.5% in India’s economic growth in FY20-21 amid COVID-19 in comparison to (-) 4% estimated earlier. On the other hand, the agency predicted a rebound in India’s economic growth to 10.6% in the next fiscal year (FY22) on a strong base in comparison to 8.7% earlier. Notably, India’s gross domestic product (GDP) contracted by 23.9% in April-June (Q1FY21) and some agencies have predicted negative growth even during the July-September (Q2FY21) quarter of the FY21.
- The Liberty General Insurance has collaborated with which company to offer ‘Liberty Secure Travel’ insurance policy?
Liberty General Insurance Ltd. (Liberty) has partnered with SpiceJet to offer ‘Liberty Secure Travel’ an Insurance Policy to consumers who book tickets through the airline’s website and mobile site. The new Zero Cancellation service of Liberty offered under the policy enables the passengers to cancel the tickets and claim 100%(full) reimbursement of the cancellation charges if the customers are unable to fly due to any unavoidable circumstances. This is applicable across the domestic network of SpiceJet.
- Reliance Industries has become the 1st Indian company to hit _____ market capitalization.
1) $250 billion
2) $225 billion
3) $200 billion
4) $175 billion
5) $150 billion
Answer-3) $200 billion
Reliance Industries became the first Indian company to hit $200 billion market capitalization with an approximate value of $200.8 billion Tata Consultancy Services (TCS) is a distant second with market cap of Rs 8.75 trillion, or USD 119 billion. Mukesh Ambani-led Reliance Industries Limited (RIL) also becomes World’s 40th Most Valuable Company.
- Find the state/UT which signed MoU with National Cooperative Development Corporation (NCDC) to promote and manage the farmer producer organisations.
1) Madhya Pradesh
2) Andaman and Nicobar
Government of Odisha signed a Memorandum of Understanding (MoU) with National Cooperative Development Corporation (NCDC) to promote and manage the farmer producer organisations with the central sector scheme. Under the central scheme, National Centre for Cold-chain Development (NCCD) will form Farmer Producer Organisations(FPOs) and provide training and guidance to the small and marginal farmers of Odisha to tackle the huddles in production, quality etc.
- Name the person who has been appointed as the chairman of National School of Drama.
1) Sharad Kumar
2) Bimal Jalan
3) Ratan Thiyam
4) Paresh Rawal
5) None of the Above
Answer-4) Paresh Rawal
On the recommendation of the Ministry of Culture, Ram Nath Kovind, President of India appointed Paresh Rawal, actor and former Member of Parliament as the Chairman of National School of Drama(NSD) for the next years, he succeeded Ratan Thiyam, Playwright and theatre Director who served as the chairman of NSD from 2013 to 2017 after which the post was vacant until now.
- Who chairs the Empowered Group of Ministers committee constituted by central government to oversee the Corporatisation of Ordnance Factory Board (OFB)?
1) Santosh Kumar Gangwar
2) Nirmala Sitharaman
3) Rajnath Singh
4) Amit Shah
5) Jitendra Singh
Answer-3) Rajnath Singh
Government of India constituted an Empowered Group of Ministers (EGoM) under the chairmanship of Union Minister for Defence, Rajnath Singh to oversee the Corporatisation of Ordnance Factory Board (OFB). The Ministers in EGoM includes Home Minister Amit Shah, Finance Minister Nirmala Sitharaman, Minister for Law and Justice Ravi Shankar Prasad, Minister of State for Labour and Employment Santosh Kumar Gangwar and Minister of State for Personnel, Public Grievance and Pension Jitendra Singh.
- Name the ministry which has organized a two-day conclave on the topic ‘School Education in the 21st Century’ (PM Modi addressed the meet).
1) Ministry of Home Affairs
2) Ministry of Education
3) Ministry of Tribal Affairs
4) Ministry of Health and Family Welfare
5) Ministry of Science and Technology
Answer-2) Ministry of Education
The Ministry of Education organized a two-day conclave on the topic ‘School Education in the 21st Century’ under the Shikshak Parv Initiative on 10th & 11th September, 2020. Prime Minister Narendra Modi addressed the conclave virtually on 11th September, 2020 in the presence of Union Minister for Education Ramesh Pokhriyal, Minister of State (MoS) for Education, Sanjay Dhotre, Secretary to Department of Higher Education, Amit Khare, Secretary to Department of School Education and Literacy Anita Karwal.
- The 2+2 inter-sessional meet between India and which country was held recently (September 2020)?
1) United States
5) United Kingdom
Answer-1) United States
India-United States (US) 2+2 Inter-sessional Meeting was held virtually to discuss bilateral, regional, and multilateral issues including combating COVID-19, counter terrorism, India’s membership on the United Nations Security Council (UNSC), efforts to counteract recent destabilizing actions in South Asia, and the broader Indo-Pacific region. This Inter-sessional meeting was set up pursuant to the India-US 2+2 Ministerial Dialogue which is expected to take place later this year. The Indian delegation was led jointly by Vani Rao, Joint Secretary (Americas) in the Ministry of External Affairs, and Somnath Ghosh, Joint Secretary (International Cooperation) in the Ministry of Defence.
- Who represented India at the 27th ASEAN Regional Forum?
1) Shripad Yesso Naik
2) Santosh Kumar Gangwar
3) Prahlad Singh Patel
4) V. Muraleedharan
5) Hardeep Singh Puri
Answer-4) V. Muraleedharan
Minister of State (MoS) for External Affairs, V Muraleedharan participated in the online meeting of the Foreign Ministers of the Association of South East Asian Nations (ASEAN) Regional Forum (ARF) under the Chairmanship of Vietnam. During the 27th ARF meeting, the Ministers exchanged views on International and regional issues. India will co-chair the ASEAN Regional forum on port securities and United Nations Convention on the Law of Sea(UNCLOS).
- Which state emerged as the best performer in X- category in the 2nd edition of ‘States on Support to Startup Ecosystems 2019’ released by DPIIT?
1) Andhra Pradesh
Department for Promotion of Industry and Internal Trade (DPIIT) released the 2nd Edition of ‘States on Support to Startup Ecosystems 2019’. The Rankings are based on providing a Strong Ecosystem for promoting Startups. Gujarat emerged as the best performer among Category X. Gujarat topped the rankings in the 2018 edition of Ranking also. (In Category x – All States and New Delhi, barring North Eastern (N. E) States & other Union Territories (U. T)). Category – X
All States and New Delhi, barring North Eastern (N.E) States & other Union Territories.
State Category Gujarat Best Performer Karnataka Top Performer Kerala Top Performer
- What is rank of India among the fastest growing freelance market in the world as per report of Payoneer?
India is the second-fastest-growing freelance market in the world with a massive increase in the number of freelancers this year, according to a report on ‘Freelancing in 2020: An Abundance of Opportunities’ by Payoneer.
- The Competition commission of India has approved the acquisition of ______ equity share capital of Piramal pharma limited by CA Clover Intermediate II Investments.
The Competition Commission of India (CCI) has approved the proposed acquisition of 20% issued and paid-up equity share capital (in short- stake) of Piramal Pharma Limited (in short- Piramal Pharma), wholly owned subsidiary of Piramal Enterprises Limited (PEL) by CA Clover Intermediate II Investments (Curie), an affiliated entity of CAP V Mauritius Limited.
- Which edition of National Forest Martyr day was observed on September 11, 2020?
National Forest Martyrs Day is observed annually on September 11 in India to pay tribute to those who have sacrificed their lives in order to protect the environment, forests and wildlife across the country. September 11 was chosen to commemorate the Khejarli massacre, which took place on September 11 in 1730. The year 2020 marks the 15th National Forest Martyr Day.
- When was the International Day of South-South Cooperation observed annually?
1) September 10
2) September 12
3) September 14
4) September 11
5) September 13
Answer-2) September 12
United Nations(UN) International Day of South-South Cooperation Day or United Nations Day of South-South Cooperation is annually observed on 12th September since 2011 to create and spread awareness on the social, economic and political developments made by the regions and countries in the south and to highlight the efforts of UN on the technical cooperation among the south countries (developing countries).
- The World First Aid Day 2020 was observed on ________.
1) September 10
2) September 14
3) September 13
4) September 11
5) September 12
Answer-5) September 12
World First Aid Day is annually observed on the 2nd Saturday of September across the world to promote the importance of first aid training in saving lives and preventing injuries and to create awareness among the general public that first aid saves lives. 2020 World First Aid Day falls on 12th September 2020.
STATIC GK based on Current Affairs
- Nehru Zoological Park is located in which state?
1) Andhra Pradesh
Forest Martyrs Day was observed at the Forest Martyrs pylon of the Nehru Zoological Park in Hyderabad, Telangana on September 11, 2020.
- Where is the HQ of Securities and Exchange Board of India (SEBI) located at?
1) New Delhi
The HQ of Securities and Exchange Board of India (SEBI) located at Mumbai, Maharashtra.
- Dumbur dam is located at which state?
2) West Bengal
River Gumati It is the largest and longest river of Tripura with a cumulative length of 180 km. Dumbur dam is built over the river. The river meets with river Meghna in Bangladesh.
- What is the capital of Fiji?
India promised 850000 USD (around Rs.6.25 crore) to support the new initiative to create a climate disaster risk financing framework for Fiji. The capital and currency of Fiji are Suva and Fijian Dollar respectively.
- How many member states were present in ASEAN?
ASEAN member states – 10 States ― Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. 1 Observer – Papua New Guinea.