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Questions Based on Current Affairs 7 November 2020
- Which state launched Green Innovation Fund (GIF), a six-month-long, cohort-based fund -linked accelerator program for social impact startups?
1) Kerala
2) Andhra Pradesh
3) Karnataka
4) Tamil Nadu
5) OdishaAnswer-1) Kerala
Explanation:
On November 5, 2020 Dr. Thomas Isaac, Kerala Finance Minister launched Green Innovation Fund (GIF), a six-month-long, cohort-based fund -linked accelerator program for social impact startups. The fund is a joint initiative of Kerala Startup Mission (KSUM), Haritha Keralam Mission and the United Nations Development Programme (UNDP), India. GIF is part of the GoI(Government of India)-GEF(Global Environmental Facility)-UNDP India High Range Mountain Landscape project (IHRML). - Where is the world’s largest care and cure centre for elephants being set up in India?
1) Meghalaya
2) Chhattisgarh
3) Odisha
4) Kerala
5) JharkhandAnswer-4) Kerala
Explanation:
Kottoor Elephant Rehabilitation Centre in Thiruvananthapuram, Kerala is being upgraded to International standard and is set to become the world’s largest care and cure centre for elephants. The upgradation of the centre is a part of the special program of the government of Kerala for the protection and conservation of elephants. The project is implemented at a cost of Rs.108 crore funded from the Kerala Infrastructure Investment Fund Board (KIIFB).
Around Rs.71.9 crores was spent on the first phase of the centre which will be commissioned in February 2021. - Name the project launched by The National Skill Development Corporation (NSDC) in partnership with American India Foundation, Dell Technologies and University of Mumbai.
1) Project Get Ready
2) Project All Ready
3) Project Already
4) Project Bright Future
5) Project Future ReadyAnswer-5) Project Future Ready
Explanation:
The National Skill Development Corporation (NSDC) in partnership with American India Foundation, Dell Technologies and University of Mumbai has launched “Project Future Ready” to equip students with career skills. The project will cover over 1 lakh students in Mumbai and Delhi-NCR, of which 60 per cent are females.
Aim: To provide skills development for these students through career mentoring, leveraging online skilling platforms and providing market aligned skills training for employability and inculcating entrepreneurial mind-set. - India hosted the 5th Joint Working Group (JWG) on Coal between India and ________ at New Delhi?
1) Israel
2) United States (US)
3) Indonesia
4) Canada
5) South AfricaAnswer-3) Indonesia
Explanation:
On November 5, 2020, India successfully hosted the 5th Joint Working Group (JWG) on Coal between India and Indonesia via Video conference from New Delhi due to Pandemic. The JWG was co-chaired from Indian side by Vinod Kumar Tiwari, Additional Secretary, Ministry of Coal, Government of India and by Jonson Pakpahan, Director for Mineral and Coal, Non Tax State Revenue of Ministry of Energy and Mineral Resources, Republic of Indonesia. - Jeevan Pramaan, an Aadhaar-based biometric-enabled digital life certificate now can be generated through post offices and at the doorstep through postmen. Who are the main beneficiaries of the scheme?
1) New Born Babies
2) Students
3) Railway Employees
4) Army Personals
5) PensionersAnswer-5) Pensioners
Explanation:
Jeevan Pramaan, an Aadhaar-based biometric-enabled digital life certificate for pensioners, can now be generated through post offices and at the doorstep of the pensioner through postmen. It was launched by Prime Minister Narendra Modi on 10 November 2014.
It is expected to benefit over a crore (10 million) pensioners who receive pensions from central or state governments or other government organisations. - Where did PM Narendra Modi inaugurate 17 projects including remarkable
i. India’s First Seaplane service
ii. World’s largest Geodesic Dome
iii. Unity Glow Garden
iv. world’s first ever technology drive nutrition park, also inaugurated Arogya Van & Arogya Kutir
v. Ekta Mall with theme of Unity in Handicraft & Handloom Diversity.
and laid the foundation stone for 4 new projects in a two-day visit (October)?
1)Bihar
2) Varanasi
3) Gujarat
4) Uttar Pradesh
5) KarnatakaAnswer-3) Gujarat
Explanation:
Prime Minister Narendra Modi paid a two-day visit to Gujarat from October 30-31, 2020. He inaugurated 17 projects around the Statue of Unity in Kevadia, Gujarat laid the foundation stone for 4 new projects includes
i.India’s First Seaplane service between the Statue of Unity near Kevadia in Gujarat’s Narmada district and Sabarmati Riverfront in Ahmedabad.
ii. Water Aerodrome in Sabarmati Riverfront in Ahmedabad.
iii.World’s largest Geodesic Dome
iv. Unity Glow Garden and Cactus Garden
v. Jungle Safari in Gujarat’s Narmada district.
vi. Ekta Mall and inaugurated Arogya Van & Arogya Kutir
v. world’s first ever technology drive nutrition park
He paid homage to Sardar Vallabhai Patel at the Statue of Unity in Kevadia, Gujarat on National Unity Day (Rashtriya Ekta Diwas) i.e October 31, 2020. National Unity Day is celebrated to commemorate the Birth Anniversary of Sardar Vallabhai Patel. - What does the revised Co-origination Model revealed by RBI under which banks can provide loans along with NBFCs (Non-Banking Financial Companies) to priority sector borrowers based on a prior agreement?
1) Co-Credit Model
2) Common Credit Model
3) Co-Lending Model
4) Common Lending Model
5) Co-Deposit ModelAnswer-3) Co-Lending Model
Explanation:
On November 5, 2020, the Reserve Bank of India (RBI) has revised the loan scheme of Co-origination Model between Banks and Non-Banking Financial Companies – Non-Deposit taking – Systemically NPCIImportant (NBFC-ND-SIs) launched in September 2018 with the “Co-Lending Model (CLM)” under which banks can provide loans along with NBFCs (Non-Banking Financial Companies) including HFCs (Housing Finance Companies) to priority sector borrowers based on a prior agreement. - Which popular social media/messaging app got approval to launch a payment system on Unified Payments Interface (UPI) in the multi-bank model in India?
1) Facebook
2) Telegram
3) Instagram
4) Whatsapp
5) TwitterAnswer-4) Whatsapp
Explanation:
On November 5, 2020 The National Payments Corporation of India (NPCI) gave approval for ‘WhatsApp Pay’, a payment system of Whatsapp to go live on Unified Payments Interface (UPI) in the multi-bank model in India. It will be available in 10 Indian regional languages. - What is the cap issued by NPCI on the total transaction volume on the UPI network of all Third Party App Providers (TPAPs) w.e.f. January 1, 2021?
1) 15%
2) 20%
3) 25%
4) 30%
5) 40%Answer-4) 30%
Explanation:
On November 5, 2020 The National Payments Corporation of India (NPCI) gave approval for ‘WhatsApp Pay’, a payment system of Whatsapp to go live on Unified Payments Interface (UPI) in the multi-bank model in India.
NPCI has issued a cap of 30% on the total transaction volume on the UPI network of all Third Party App Providers (TPAPs). This will be effective from January 1, 2021. - What is the new foreign investment limit per mutual fund (MF) house as per the circular issued by SEBI?
1) $300 million
2) $400 million
3) $450 million
4) $500 million
5) $600 millionAnswer-5) $600 million
Explanation:
On November 5, 2020, Securities and Exchange Board of India (SEBI) issued a circular on “Enhancement of overseas investment limits for mutual funds” under which the foreign investment limit per mutual fund (MF) house has been doubled to $600 million, from the existing $300 million, within the overall industry limit of US $ 7 billion.
SEBI has reserved an amount of $50 million per fund house.
Mutual Funds can invest in overseas Exchange Traded Fund (ETFs) subject to a maximum of US $ 200 million per mutual fund, within the overall industry limit of US $ 1 billion. - Which Company signed a MoU with Airport Authority of India (AAI) to set up solar power plants at the Airports?
1) NTPC Vidyut Vyapar Nigam (NVVN) Limited
2) TATA Power Limited
3) Azure Power Global Limited
4) Adani Green Energy Limited
5) Vikram Solar LimitedAnswer-1) NTPC Vidyut Vyapar Nigam (NVVN) Limited
Explanation:
On 5th November 2020, Airport Authority of India (AAI) signed a Memorandum of Understanding with NTPC Vidyut Vyapar Nigam (NVVN) Limited, a subsidiary of NTPC Limited, to set up solar power plants at the Airports under AAI and to promote the adoption of electrical vehicles at AAI Airports. In the identified AAI airports, required land and rooftop space to set up solar power plants will be provided to NVVN at free of cost.
AAI and NVVN will support the Government of India’s initiative to adopt e-vehicles by creating public charging infrastructure and promote its usage in airports. - Which Country signed a MoU with Beximco Pharmaceutical Limited (BPL) and the Serum Institute of India (SII) for the supply and distribution of 3 crore doses of COVID-19 vaccine AZD1222?
1) Nepal
2) Sri Lanka
3) Bhutan
4) Bangladesh
5) MaldivesAnswer-4) Bangladesh
Explanation:
On 5th November 2020, the Government of Bangladesh signed a Memorandum of Understanding (MoU) with Beximco Pharmaceutical Limited (BPL), Bangladesh drug maker and the Serum Institute of India (SII) for the supply and distribution of 3 crore doses of COVID-19 vaccine AZD1222 in Bangladesh. The AZD1222 vaccine is at the final stage of development at the University of Oxford and AstraZeneca. Initially 1.5 crore people of Bangladesh will be vaccinated; each person requires two doses of vaccine. SII, licensed by AstraZeneca to manufacture AZD1222 and the entire quantity of vaccines will be delivered within 6 months. - Which state partnered with Tata Technologies to upgrade and modernize 150 Government ITIs (Industrial Training Institute) to create increased employment opportunities to youth?
1) Telangana
2) Kerala
3) Andhra Pradesh
4) Karnataka
5) MaharashtraAnswer-4) Karnataka
Explanation:
The Government of Karnataka entered into an agreement with Tata Technologies to upgrade and modernize 150 Government ITIs (Industrial Training Institute) at a cost of INR 4, 636.50 Crores to create increased employment opportunities to youth of the state. Each ITI will be upgraded at the cost of INR 30 Crore and duration of agreement is ten years and nine months. More than One Lakh Youth are expected to benefit each year. Tata Technologies will modernise 150 ITIs with new infrastructure, industry-oriented courseware, training and support for advanced equipment and software to benefit the students for better employment opportunities. - Who has become New Zealand’s first-ever Indian-origin Minister in the 2020 General Elections of New Zealand?
1) Jacinda Ardern
2) Kamala Harris
3) Pramila Jayapal
4) Hiral Tipirneni
5) Priyanca RadhakrishnanAnswer-5) Priyanca Radhakrishnan
Explanation:
On November 2, 2020, 41-year old Priyanca Radhakrishnan became New Zealand’s first-ever Indian-origin Minister as Prime Minister Jacinda Ardern unveiled her new cabinet after her victory in the 2020 General Elections of New Zealand. Priyanca was appointed as Minister for the Community and Voluntary Sector, Minister for Diversity, Inclusion and Ethnic Communities, Minister for Youth. She was also appointed as Associate Minister for Social Development and Employment. Priyanca hails from Paravur in Ernakulam district of Kerala. She was born in Chennai, Tamil Nadu. - Who has been appointed as the 1st Chairperson of the Commission for Air Quality Management in NCR and Adjoining Areas?
1) Ramesh K J
2) Shashi S. Vempati
3) M M Kutty
4) Shiv Das Meena
5) Harsh VardhanAnswer-3) M M Kutty
Explanation:
On November 5, 2020 Appointments Committee of the Cabinet (ACC) approved the appointment of M M Kutty as the 1st Chairperson of the Commission for Air Quality Management in NCR and Adjoining Areas. The centre has also appointed members of the commission for 3 year term, with effective from date of assumption of charge of the post or until the attainment of age of 70 years.
M M Kutty is a former secretary of the Ministry of Petroleum and Natural Gas. - Hashim Thaçi, resigned to face charges of war crimes and crimes against humanity. He was the President of which of the following countries?
1) Bolivia
2) Kosovo
3) Montenegro
4) Mongolia
5) MonacoAnswer-2) Kosovo
Explanation:
On 4th November 2020, Hashim Thaçi, President of Kosovo, resigned to face charges of war crimes and crimes against humanity. He announced his retirement at a news conference in Pristina, Kosovo. He was indicted at a special court of Kosovo in The Hague, Netherlands which was set up to try the alleged crimes of former ethnic Albanian rebel leaders. - Who has been appointed as the President of Hockey,India and becomes first from North East Region?
1) Mohd Mushtaque Ahmad
2) Gyanendro Ningombam
3) Narinder Batra
4) Praful Patel
5) Hemang AminAnswer-2) Gyanendro Ningombam
Explanation:
On November 6, 2020 Gyanendro Ningombam from Manipur was appointed as the President of Hockey India (HI). He is the 1st president of HI from the North East region. He will serve for a term of two years. He replaces Mohd Mushtaque Ahmad who was appointed as the Senior Vice President. - The Virtual Global Investor Roundtable (VGIR) 2020 conference was chaired by Prime Minister Narendra Modi. What were the focus areas of the conference?
1) India’s economic and investment outlook
2) Structural reforms
3) Vision for making the country a $5 trillion economy
4) Only 1 & 3
5) All 1, 2 & 3Answer-5) All 1, 2 & 3
Explanation:
In order to attract investments in India, the Global Investor Roundtable (VGIR) 2020 conference was held virtually which was chaired by Prime Minister Narendra Modi. It focuses on discussions around India’s economic and investment outlook, structural reforms and the government’s vision for making the country a $5 trillion economy. The Indian side is being represented by business leaders, financial market regulators, Union Finance Minister Nirmala Sitharaman and Reserve Bank of India (RBI) governor Shaktikanta Das. The conference was attended by the world’s 20 largest pension and sovereign wealth funds, which have around $6 trillion assets under their management. - Who chaired India CEO Forum on Climate Change held virtually on November 5 2020?
1) Narendra Modi
2) Nirmala Sitharaman
3) Shaktikant Das
4) Ramesh Pokhariyal ‘Nishank’
5) Prakash JavadekarAnswer-5) Prakash Javadekar
Explanation:
The India CEO Forum on Climate Change was held virtually on November 5 which was chaired by Union Minister Prakash Keshav Javadekar, Ministry of Environment, Forest & Climate Change (MoEF&CC). It focuses on sustainable partnership between the Government and private sector in the field of climate change.
The forum saw the participation of key industry leaders from the steel, cement, power, pharmaceuticals etc. sectors who shared their vision for climate action in the post-2020 period & pledged to work with the government by taking necessary actions to tackle climate change in order to achieve India’s targets under the Paris Agreement. In this regard, they issued a ‘Declaration of Private Sector on Climate Change’. - Which district tops the NITI Aayog’s ranking of Aspiration districts in India of September 2020?
1) Bokaro
2) Purbi Singhbhum
3) Chandauli
4) Peddapalli
5) SonbhadraAnswer-3) Chandauli
Explanation:
The Chandauli district of Uttar Pradesh (UP) tops the NITI Aayog’s ranking of Aspiration districts of September 2020. Bokaro and Purbi Singhbhum of Jharkhand secured 2nd and 3rd position followed by Sonbhadra of UP at 4th position. The ranking accounted for the progress made by 112 districts across 6 development areas during September 2020. The Aspirational Districts Programme was launched in January 2018 with an aim to transform the underdeveloped districts. - Public Investment Fund (PIF) will buy 2.04% equity stake in Reliance Retail Ventures Limited (RRVL) for Rs 9,555 crore(about USD 1.3 billion). PIF is the sovereign wealth fund of which country?
1) United Arab Emirates (UAE)
2) Saudi Arabia
3) Qatar
4) Oman
5) SingaporeAnswer-2) Saudi Arabia
Explanation:
Saudi Arabia’s Public Investment Fund (PIF) will buy 2.04% equity stake in Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited (RIL) for Rs 9,555 crore(about USD1.3 billion). This is the largest investment made by any fund so far in RRVL. This marks the 9th investment by global investors in RRVL, since September 9, 2020. This investment values RRVL at a pre-money equity value of Rs 4.587 lakh crore (approximately $62.4 billion). - Which Bank acquires 57,743 shares in CSC e-Governance Services India Ltd for Rs 36.38 crore?
1) Axis Bank
2) HDFC Bank
3) ICICI Bank
4) IndusInd Bank
5) Yes BankAnswer-1) Axis Bank
Explanation:
On November 5, 2020 Axis Bank Ltd acquired 57,743 shares in CSC e-Governance Services India Ltd for Rs 36.38 crore. The transaction is for 9.91% equity stake in CSC e-Governance as a strategic investment by the bank. The transaction is likely to be completed by December 2020.
The bank has entered into an agreement for subscribing to 57,743 equity shares of a face value of Rs 1,000 each. These shares are to be issued by CSC e-Governance Services India Ltd at Rs 6,300 per equity share. - Name the three-day Tri-Service Combat Exercise conducted by Andaman and Nicobar Command (ANC) of India at Teressa Island in Nicobar Group of Islands.
1) Malabar
2) Air Strike
3) Samudra Shakti
4) Full Strike
5) Bull StrikeAnswer-5) Bull Strike
Explanation:
Andaman and Nicobar Command (ANC) conducted a three-day Tri-Service Combat Exercise code named “Bull Strike” from November 3-5, 2020 at Teressa Island in Nicobar Group of Islands. The exercise saw participation from three service components of ANC, elements of Indian Army’s Parachute Brigade, MARCOS (Marine Commando Force) and Special Forces. The exercise focussed on interoperability and synergy among three services – Army, Navy and Air Force to maximise combat potential. - Name the two-day joint coastal security annual exercise held on November 5-6 at Paradip Coast, Odisha and carried out by the state governments of Odisha and West Bengal.
1) Corona Kavach
2) Suraksha Kavach
3) Sagar Kavach
4) COVID Kavach
5) Ayush KavachAnswer-3) Sagar Kavach
Explanation:
A two-day joint coastal security annual exercise “Sagar Kavach” was held on November 5-6 at Paradip Coast, Odisha. It was carried out by the state governments of Odisha and West Bengal. More than 10 such departments, including the Indian Navy, the Indian Coast Guard, the Odisha Police, the local fishermen, the forest department, and the port marine department, have joined the joint exercise. - When is United Nations (UN)’s International Day for Preventing the Exploitation of the Environment in War and Armed Conflict observed?
1) November 3
2) November 4
3) November 5
4) November 6
5) November 7Answer-4) November 6
Explanation:
United Nations (UN)’s International Day for Preventing the Exploitation of the Environment in War and Armed Conflict is annually observed across the globe on 6th November to create and raise awareness on the need to protect the environment during armed conflicts. The United Nations General Assembly (UNGA) adopted the resolution A/RES/56/4 on 5th November 2001, and proclaimed the 6th November of every year as the International Day for Preventing the Exploitation of the Environment in War and Armed Conflict to safeguard nature for the sake of future generation and protect the environment. UNEP noted that around 40% of all the internal conflicts in the past 60 years are associated with the exploitation of natural resources. - When is National Unity Day celebrated in India?
1) September 30
2) October 30
3) October 31
4) August 31
5) November 6Answer-3) October 31
Explanation:
Prime Minister Narendra Modi paid a two-day visit to Gujarat from October 30-31, 2020. He inaugurated 17 projects around the Statue of Unity in Kevadia, Gujarat laid the foundation stone for 4 new projects.
He paid homage to Sardar Vallabhai Patel at the Statue of Unity in Kevadia, Gujarat on National Unity Day (Rashtriya Ekta Diwas) i.e October 31, 2020. National Unity Day is celebrated to commemorate the Birth Anniversary of Sardar Vallabhai Patel.
STATIC GK based on Current Affairs
- Where is Pobitora Wildlife Sanctuary located?
1) Karnataka
2) Andhra Pradesh
3) Kerala
4) Assam
5) Tamil NaduAnswer-4) Assam
Explanation:
The Pobitora Wildlife Sanctuary in Assam, known for dense population of the Great Indian Rhinoceros, will be reopened on November 10 for domestic and foreign tourists after around seven months. The 38.85 sq km wildlife sanctuary on the southern bank of river Brahmaputra in Morigaon district, adjacent to Guwahati, was closed since late March due to COVID-19 pandemic and the monsoon season. - Hampi Festival/Vijaya Utsava is celebrated in which state?
1) Andhra Pradesh
2) Karnataka
3) Maharashtra
4) Tamil Nadu
5) TelanganaAnswer-2) Karnataka
Explanation:
Most popular and largest festival in Hampi, Karnataka is ‘Hampi Utsav’ which is also known as the Vijaya Utsav, since this festival is celebrated from the Vijayanagar reign it has become an integral part of life of its people. Hampi Utsava reminds us of the great heritage drawn from our glorious history. - Where is the headquarters of UNEP?
1) Nairobi, Kenya
2) Austria, Vienna
3) Geneva, Switzerland
4) Manila, Philippines
5) Paris, FranceAnswer- 1) Nairobi, Kenya
Explanation:
The United Nations Environment Programme is responsible for coordinating the UN’s environmental activities and assisting developing countries in implementing environmentally sound policies and practices.
Head: Inger Andersen
Founder: Maurice Strong
Founded: 5 June 1972, Nairobi, Kenya
Parent organization: United Nations
Subsidiary: World Conservation Monitoring Centre - What is capital of Kosovo?
1) Pristina
2) Skopje
3) Sofia
4) Tirana
5) BucharestAnswer-1) Pristina
Explanation:
Capital & Currency of ‘Kosovo’ is ‘Pristina’ and ‘Euro’ respectively. - Where is the headquarters of Securities and Exchange Board of India (SEBI)?
1) New Delhi, India
2) Mumbai, Maharashtra
3) Lucknow, Uttar Pradesh
4) Hyderabad, Telangana
5) Kolkata, West BengalAnswer-2) Mumbai, Maharashtra
Explanation:
The Securities and Exchange Board of India is the regulator of the securities and commodity market in India owned by the Government of India. It was established on 12 April 1988 and given Statutory Powers on 30 January 1992 through the SEBI Act, 1992.
Chairman– Ajay Tyagi
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