Best PSC / PCS / STATE PCS online Current Affairs

Current Affairs JUNE-2020

Showing 221 - 240 of 260 entries

221. Chinese carmaker Great Wall Motors (GWM) signed MoU with which Indian state to modernise its manufacturing plant?

A
Tamil Nadu

B
Maharashtra

C
Gujarat

D
Punjab

Show Answer

Correct Answer : B [Maharashtra]

Explaination : [Great Wall Motor (GWM), the Chinese carmaker recently signed a Memorandum of Understanding (MoU) with the Maharashtra government. GWM, also the latest Chinese automaker to enter the Indian market agreed to invest in modernising its Talegaon manufacturing plant. This investment is expected to generate employment for 3,000 people. The company also confirmed its plan to invest USD 1 billion in the Indian market. ]

222. The investment arm of NABARD, NABVENTURES Fund I, has made its first investment in which rural fintech start-up?

A
Jai Kisan

B
Zest Money

C
Stellapps

D
PayU

Show Answer

Correct Answer : A [Jai Kisan]

Explaination : [The investment arm of NABARD (National Bank for Agriculture and Rural Development), NABVENTURES Fund I has made its first investment in rural fintech start-up Jai Kisan. NABVENTURES was launched in May 2019 with a proposed corpus of over ₹500 crore. The investment was made in the Mumbai-based start-up as part of a ₹30 crore funding round. Jai Kisan plans to invest the capital for hiring personnel and investing in its technology platform. ]

223. ‘Martyapura Re Jamaraj’, that won a special jury award at COVID-19 International Film Festival 2020, is a short film made in which language?

A
Marathi

B
Odia

C
Hindi

D
Kannada

Show Answer

Correct Answer : B [Odia]

Explaination : [A short film produced by a group from a village of Odisha named ‘Martyapura Re Jamaraj’ (‘Yamaraj on earth’) has won a special jury award at the COVID-19 International Film Festival 2020. The 13-minute short film directed in Odia language by Stitadhi Rath, seeks to spread awareness about preventive measures to curb the spread of coronavirus in the rural areas. The film uses humour genre to convey the message. ]

224. What is the annual rate of inflation based on monthly Wholesale Price Index (WPI), in May 2020?

A
3.21%

B
0.25%

C
-0.25%

D
-3.21%

Show Answer

Correct Answer : D [-3.21%]

Explaination : [As per the recent notification from the Department of Promotion of Industry and Internal Trade (DPIIT), the annual rate of inflation based on monthly Wholesale Price Index (WPI) contracted to 3.21% in the month of May 2020. It means that the annual rate of inflation is -3.21% in May 2020. The government had suspended the release of wholesale price index (WPI) data in April, due to the nationwide lockdown. Hence the provisional figures of May are compared with final figures of March. ]

225. Which organisation launched ‘e-Office’ application in over 500 of its offices to improve e-governance?

A
Central Board of Indirect Taxes and Customs (CBIC)

B
Reserve Bank of India (RBI)

C
Director General of Foreign Trade (DGFT)

D
Employees’ Provident Fund Organisation (EPFO)

Show Answer

Correct Answer : A [Central Board of Indirect Taxes and Customs (CBIC)]

Explaination : [The Central Board of Indirect Taxes and Customs (CBIC) has launched ‘e-Office’ application in over 500 GST and customs offices. The application has been developed by the National Informatics Centre (NIC). This will enable the automation of internal processes of handling files that have been handled manually and help improve e-governance. Over 50000 officers and staff will use this application. ]

226. Which payment bank launched ‘Suraksha Salary Account’ for workforce of MSMEs?

A
Airtel Payments Bank

B
India Post Payments Bank

C
Jio Payments Bank

D
Paytm Payments Bank

Show Answer

Correct Answer : A [Airtel Payments Bank]

Explaination : [Leading payments bank of India, Airtel Payments Bank has recently launched a salary account for micro, small and medium enterprises (MSME). Named as the ‘Suraksha Salary’ account, it will enable MSMEs and other organisations to make cashless payments. It also provides Hospicash Insurance and Personal Accidental insurance cover. As of now, it is only available to new customers and will be extended to existing account holders soon. ]

227. What is the name of the co-founder and chief executive of digital music platform Qyuki Digital Media, who recently passed away?

A
Samir Bangara

B
Nagendranath Jha

C
Sarah Hegazi

D
Arun Kumar Mehta

Show Answer

Correct Answer : A [Samir Bangara]

Explaination : [The co-founder and chief executive of digital music platform Qyuki Digital Media, Samir Bangara, recently passed away following a motorcycle accident. Samir Bangara had served as Managing Director (Digital) at Disney India, before joining the start-up firm Qyuki. In 2012, Director Shekhar Kapur and Oscar-winning musician AR Rahman launched Qyuki in Mumbai. Samir also played an instrumental role in the sale of Indiagames firm to Disney. ]

228. What is the name of the healthcare supply chain portal launched by the Union Government?

A
Bharat Aarogya

B
Aarogyapath

C
Health is Wealth

D
Covid Care

Show Answer

Correct Answer : B [Aarogyapath]

Explaination : [The Union Government has launched a new healthcare supply chain portal called ‘Aarogyapath’. The portal has been launched by the Council of Scientific and Industrial Research (CSIR). The objective of the portal is to provide real-time availability of critical healthcare supplies for manufacturers, suppliers and customers. As per the Ministry of Information & Broadcasting, the public platform can help customers in knowing about critical healthcare supplies. ]

229. Anosmia, which was in news recently, is associated with which biological phenomenon?

A
Loss of smell

B
Loss of taste

C
Loss of perspiration

D
Loss of skin sensitivity

Show Answer

Correct Answer : A [Loss of smell]

Explaination : [As per the revised clinical management protocols released by the Union Health Ministry, Anosmia (called as Loss of smell) and Ageusia (called Loss of taste) has been added to the official list of COVID-19 symptoms. These symptoms are being continuously reported by the coronavirus-infected patients before the beginning of respiratory symptoms. Health Ministry also approved use of Remdesivir to treat Covid-19 in moderate stage of criticality and use of HCQ (hydroxychloroquine) to treat Covid-19 in early stages. ]

230. Which state government has signed a concession agreement with GMR Airports for construction of a greenfield international airport at Bhogapuram?

A
Kerala

B
Andhra Pradesh

C
Karnataka

D
Telangana

Show Answer

Correct Answer : B [Andhra Pradesh]

Explaination : [The Andhra Pradesh government has recently signed a concession agreement with GMR Airports for construction of a greenfield international airport at Bhogapuram. The proposed place is located in Vizianagaram district, which about 40 km from Visakhapatnam. The concession agreement was signed in the presence of Chief minister YS Jagan Mohan Reddy. The state cabinet had earlier approved the selection of the GMR Group as the developer for Bhogapuram international airport. ]

231. Which Bollywood personality was named by NITI Aayog to promote the Women Entrepreneurship platform (WEP)?

A
Salman Khan

B
Akshay Kumar

C
Sushant Singh Rajput

D
Vidya Balan

Show Answer

Correct Answer : C [Sushant Singh Rajput]

Explaination : [Young Bollywood actor Sushant Singh Rajput was recently found dead at his residence, at the age of 34. Sushant was known for his acclaimed performances in films such as MS Dhoni: The Untold Story, Sonchiriya, Kai Po Che, Detective Byomkesh Bakshy! among others. The policy think-tank of the Indian government, NITI Aayog signed him to promote the Women Entrepreneurship Platform (WEP) in the year 2018. ]

232. Global firms TPG and L Catterton are set to buy stake in which Indian digital company?

A
Jio Platforms

B
Bharti Airtel

C
Vodafone Idea

D
Novi Digital Entertainment

Show Answer

Correct Answer : A [Jio Platforms]

Explaination : [One of the world’s largest consumer-focused private equity firms L Catterton will buy a 0.39% stake for Rs 1894.50 crore in Jio Platforms. Another global investment firm TPG will also buy a 0.93% stake in Jio for Rs 4,546.80 crore in the digital unit of Reliance Industries Limited. Since April 22, Jio Platforms has raised Rs 104,326.95 crore from leading global investors including Facebook, Silver Lake among others. ]

233. Which Indian state/UT has launched an integrated Flood Warning System named ‘iFLOWS’?

A
New Delhi

B
Odisha

C
Maharashtra

D
West Bengal

Show Answer

Correct Answer : C [Maharashtra]

Explaination : [The Chief Minister of Maharashtra Uddhav Thackeray and Union Health Minister Harsh Vardhan launched an Integrated Flood Warning System called ‘IFLOWS-Mumbai’. The warning system has been jointly developed by the Ministry of Earth Sciences (MoES) and Brihanmumbai Municipal Corporation (BMC). It would relay alerts of possible flood-prone areas at 6 to 72 hours in advance. After Chennai, Mumbai is only the second city to get such system. ]

234. Which Union Ministry has extended delivery period for capital acquisition contracts with Indian vendors by 4 months?

A
Ministry of MSME

B
Ministry of Defence

C
Ministry of Commerce and Industry

D
Ministry of Finance

Show Answer

Correct Answer : B [Ministry of Defence]

Explaination : [The Union Defence Ministry has recently extended the delivery period for all existing capital acquisition contracts with Indian vendors by four months. As per the Defence Minster, ‘force majeure shall be applicable for a period of four months i.e. 25th March 2020 to 24th July 2020’. A force majeure refers to unexpected circumstances that prevent someone from fulfilling a contract. This step has been taken because of supply chain crisis caused by COVID-19 pandemic. ]

235. Which milestone has been reached by the foreign exchange reserves of India, for the first time?

A
USD 300 billion

B
USD 400 billion

C
USD 500 billion

D
USD 700 billion

Show Answer

Correct Answer : C [USD 500 billion]

Explaination : [India’s foreign exchange reserves crossed the half-a-trillion mark for the first time in the week ended June 5. As per the recent data from the Reserve Bank of India, the forex reserves increased by $8.22 billion the week, which made the overall reserves cross the USD 500 billion mark to reach USD 501.70 billion. A huge rise in the Foreign Current Assets (FCA) is the main reason for the rise in reserves. The reserves stood at USD 493.48 billion in the previous week. ]

236. Who heads the working group constituted by the Reserve Bank of India, to review private bank shareholding norms?

A
PK Mohanty

B
R Gandhi

C
BP Kanungo

D
Rabi N. Mishra

Show Answer

Correct Answer : A [PK Mohanty]

Explaination : [The Reserve Bank of India (RBI) has constituted an internal working group to review the guidelines on ownership and corporate structure of private sector banks. The working group will be headed by PK Mohanty, an Executive Director at RBI. The group will examine the licensing guidelines of banking and regulations on ownership of private sector banks. It will also review the regulations on holding of financial subsidiaries through a non-operative financial holding company. ]

237. Which automobile company is set to exit from its US-based e- bike company GenZe and give up control of its Korean subsidiary SsangYong?

A
Mahindra and Mahindra

B
Ashok Leyland

C
TATA Motors

D
Maruti Suzuki

Show Answer

Correct Answer : A [Mahindra and Mahindra]

Explaination : [India’s leading SUV and farm vehicle maker, Mahindra and Mahindra announced that it is set to exit from its US-based e- bike company GenZe. As the firm suffered a substantial loss in the March quarter due to losses at foreign subsidiaries, it is also set to give up control of its Korean subsidiary SsangYong. The company said that it will stop investments in the loss-making SsangYong firm. Mahindra and Mahindra is also relooking all its ventures to reduce expenses ]

238. Employees’ Provident Fund Organisation has partnered with which facility to enable its pensioners submit digital Life certificates?

A
India Post Payment Bank

B
Common Service Centre

C
Passport Seva Kendra

D
UIDAI

Show Answer

Correct Answer : B [Common Service Centre]

Explaination : [Employees’ Provident Fund Organisation has partnered with the Common Service Centre (CSC) to enable the pensioners submit Digital Jeevan Pramaan (Life Certificate). As per the statement of the Labour Ministry, around 65 lakh pensioners can submit their life certificate through over 3.65 lakh CSCs. Every year, the Employees’ Pension Scheme (EPS) pensioners need to submit their life certificates to continue to draw pension, as the life certificate will remain valid for one year from date of submission. ]

239. Which organisation submitted the Universal Periodic Review (UPR)-III to the United Nations?

A
National Human Rights Commission

B
NITI Aayog

C
National Women Commission

D
Central Vigilance Commission

Show Answer

Correct Answer : A [National Human Rights Commission]

Explaination : [The National Human Rights Commission (NHRC) has submitted a mid-term report to the United Nations on the human rights situation in the country. This is the first time NHRC is submitting the report mid time, in which is highlighted the policies of the government on climate change, rights of women, children, disabled and the elderly. NHRC also informed that the Government of India is actively considering the proposal of a Universal Basic income (UBI). ]

240. Where is the headquarters of the Indian Chamber of Commerce located?

A
New Delhi

B
Kolkata

C
Mumbai

D
Ahmedabad

Show Answer

Correct Answer : B [Kolkata]

Explaination : [Indian Chamber of Commerce (ICC) is the leading and only National Chamber of Commerce, that was founded in 1925. It is headquartered at Kolkata. Prime Minister Narendra Modi has recently delivered the inaugural address of the 95th annual plenary session of the Indian Chamber of Commerce (ICC) through video conferencing. During his address, the Prime Minister also praised the chamber for contributing to the development of industries in East India and the North East. ]