Current Affairs FEB-2021

Showing 241 - 260 of 266 entries

241. Which bank has launched a dedicated app to provide low-cost digital payments infrastructure to merchants?

  • A
  • Bank of Baroda

  • B
  • Indian Bank

  • C
  • Indian Overseas Bank

  • D
  • State Bank of India

Show Answer
Correct Answer : D [State Bank of India]

Explaination : [The country’s largest lender – The State Bank of India has recently launched a dedicated app named YONO MERCHANT to provide low-cost digital payments infrastructure to merchants. The app has been launched by the Bank’s subsidiary SBI Payments. This is a part of SBI’s plan to employ low-cost digital payments infrastructure to 20 million merchants in the country for next 2 year.]

242. The Reserve Bank of India (RBI) has brought which bank covered under Article 371F, under its regulatory purview?

  • A
  • North East Small Finance Bank

  • B
  • State Bank of Sikkim

  • C
  • State Bank of Manipur

  • D
  • State Bank of Assam

Show Answer
Correct Answer : B [State Bank of Sikkim]

Explaination : [State Bank of Sikkim was established in 1968, five years before Sikkim acceded to the Indian Union. The state-owned bank provides treasury operations for the state government of Sikkim. Recently, the Reserve Bank of India has brought the State Bank of Sikkim under its regulatory purview. Though the bank will be regulated on par with other banks, the bank’s ownership structure will not change.]

243. Indian Government signed a USD 68 million project with the World Bank, to enhance the education system in which state?

  • A
  • Meghalaya

  • B
  • Manipur

  • C
  • Nagaland

  • D
  • Arunachal Pradesh

Show Answer
Correct Answer : C [Nagaland]

Explaination : [The Indian government, Government of Nagaland and the World Bank signed a USD 68 million project to enhance the governance of schools across Nagaland. It also aims to improve teaching practices and environments in some select schools. The project titled “Nagaland: Enhancing Classroom Teaching and Resources Project” also provides technology support to hybrid and online learning.]

244. Which state /UT plays host to the Khelo India Winter Games 2021

  • A
  • Delhi

  • B
  • Jammu and Kashmir

  • C
  • Maharashtra

  • D
  • Uttar Pradesh

Show Answer
Correct Answer : B [Jammu and Kashmir]

Explaination : [The second edition of Khelo India Winter Games is being held in the Union territory of Jammu and Kashmir. This is an annual event which is organised by the J&K Sports Council in association with the J&K Winter Games Association under the Union Ministry of Youth Affairs & Sports. This function was inaugurated by the Prime Minister Narendra Modi in a virtual mode.]

245. Which organisation has released the Report on Currency and Finance (RCF)?

  • A
  • IMF

  • B
  • Word Bank

  • C
  • RBI

  • D
  • New Development Bank

Show Answer
Correct Answer : C [RBI]

Explaination : [The Reserve Bank of India has recently released a report titled Report on Currency and Finance (RCF) for the year 2020-21. This theme for this year’s report is “Reviewing the Monetary Policy Framework”. The report critically analyses the trends in inflation and inflation target for March 2021 against the prevailing uncertain economic atmosphere.]

246. Which organisation is set to launch Covid-19 Oxygen Emergency Taskforce?

  • A
  • UNICEF

  • B
  • Indian Medical Association

  • C
  • AIIMS

  • D
  • WHO

Show Answer
Correct Answer : D [WHO]

Explaination : [A consortium led by the World Health Organisation (WHO) has decided to launch a Covid-19 Oxygen Emergency Taskforce. This decision comes amidst the pressure on health systems of low-and-middle-income countries, many of those are running out of oxygen. WHO, under the proposed taskforce aims to increase the supply of oxygen to health systems across the globe.]

247. Which Indian company joined the World Economic Forum (WEF) initiative of Racial Justice in Business?

  • A
  • Infosys

  • B
  • Wipro

  • C
  • HCL

  • D
  • Zomato

Show Answer
Correct Answer : B [Wipro]

Explaination : [Wipro has announced that it has joined the ‘Partnering for Racial Justice in Business initiative’ launched by the World Economic Forum. The initiative aims to impart necessary policy changes for inclusion and development of professionals with under-represented racial and ethnic identities.]

248. India conducted a joint forum meet with which country, under its ‘Act East Policy’?

  • A
  • Nepal

  • B
  • Japan

  • C
  • Thailand

  • D
  • Singapore

Show Answer
Correct Answer : B [Japan]

Explaination : [India conducted the 5th Act East Forum (AEF) meet with Japan and both the countries reviewed progress of various ongoing projects in the North-eastern region. India’s ‘Act East Policy’ and Japan’s vision for a ‘Free and Open Indo-Pacific’ are realised through the Act East Forum, which also provides a collaborative platform in the North Eastern Region. The meeting was co-chaired by Foreign Secretary Harsh Vardhan Shringla]

249. Zanskar valley, which was making news recently, is located in which state/UT?

  • A
  • Tamil Nadu

  • B
  • Ladakh

  • C
  • Goa

  • D
  • Himachal Pradesh

Show Answer
Correct Answer : B [Ladakh]

Explaination : [The 13-day long Khelo India Zanskar winter sports and youth festival concluded at Zanskar Valley of the Union Territory of Ladakh. The festival was organized by the Department of Sports & Youth Services and the Ladakh Tourism Department, under the Khelo India scheme. It aims to promote the economic activities and winter tourism in Ladakh.]

250. India is set to celebrate the centenary birth year of which legendary vocalist?

  • A
  • Pandit Jasraj

  • B
  • Pandit Bhimsen Joshi

  • C
  • Mohammad Rafi

  • D
  • Kishore Kumar

Show Answer
Correct Answer : B [Pandit Bhimsen Joshi]

Explaination : [Pandit Bhimsen Joshi, the legendary vocalist, is being rerembered on his birth anniversary today. The year-long birth centenary celebrations of Pandit Bhimsen Joshi begin today. Hailed as the Tansen of India, Pandit Bhimsen Joshi, brought Hindustani classical music closer to the common man. He received the Bharat Ratna in 2008.]

251. Ghaznavi, which was making news recently, is a nuclear-capable ballistic missile test-fired by which country?

  • A
  • Israel

  • B
  • UAE

  • C
  • Pakistan

  • D
  • Afghanistan

Show Answer
Correct Answer : C [Pakistan]

Explaination : [Pakistan has successfully test-fired a nuclear-capable surface-to-surface ballistic missile named ‘Ghaznavi’. The ballistic missile is capable of delivering nuclear and other types of warheads up to a range of 290 kilometres. Last month, the country test-fired another nuclear-capable surface-to-surface ballistic missile Shaheen-III.]

252. ‘National Safety Council’ was set up by which Union Ministry?

  • A
  • Ministry of Health and Family welfare

  • B
  • Ministry of Labour

  • C
  • Ministry of Commerce and Industry

  • D
  • Ministry of Heavy Industries

Show Answer
Correct Answer : B [Ministry of Labour]

Explaination : [National Safety Council (NSC) was set up by the Ministry of Labour in 1966 as a not-for-profit body on Safety, Health and Environment (SHE) at the national level. As per a press statement by the Ministry of Labour and Employment, S.N. Subrahmanyan, CEO and Managing Director of L&T Ltd, has been recently appointed as Chairman of the National Safety Council, for a period of three years.]

253. The Central Vista Avenue redevelopment project has been awarded to which company

  • A
  • Shapoorji Pallonji & Company

  • B
  • Larsen & Toubro

  • C
  • Afcons Infrastructure

  • D
  • Tata Group

Show Answer
Correct Answer : A [Shapoorji Pallonji & Company]

Explaination : [The Central Vista Avenue redevelopment project has been awarded to Ahmedabad-based Shapoorji Pallonji & Company Private Limited. The redevelopment project has recently begun with a ceremony at the India Gate. The construction of the new Parliament building began last month. The project is estimated to cost Rs 608 crores and is expected to be completed by 2022.]

254. Which global digital payment company has announced to shut down its payment operations in India?

  • A
  • Pay Pal

  • B
  • Capital One

  • C
  • American Express

  • D
  • Aeropay

Show Answer
Correct Answer : A [Pay Pal]

Explaination : [American digital payments major, PayPal Inc. announced that it will shut down its payment operations in the country. PayPal, which was offering its payment gateway to Indian brands and online merchants, will shut down its domestic payment services in India, from April 1. It was also providing international remittance services for small and medium enterprises.]

255. Which institution is to invest USD 100 million into the NIIF Fund of Funds (FoF)?

  • A
  • World Bank

  • B
  • New Development Bank

  • C
  • Asian Development Bank

  • D
  • Asian Infrastructure Investment Bank

Show Answer
Correct Answer : B [New Development Bank]

Explaination : [New Development Bank (NDB), also called as the BRICS Bank, has committed to invest USD 100 million into the National Investment and Infrastructure Fund- Fund of Funds (FoF). With this new commitment, the NIIF has secured USD 800 million in commitments. The other investors are Government of India (GoI), Asian Infrastructure Investment Bank (AIIB) and Asian Development Bank (ADB).]

256. FAME India Scheme, which was making news recently, is associated with which sector?

  • A
  • Textile

  • B
  • Electric Vehicle

  • C
  • Agriculture

  • D
  • Solar Energy

Show Answer
Correct Answer : B [Electric Vehicle]

Explaination : [FAME India stands for ‘Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India Scheme’. The phase 2 of FAME scheme is being implemented with a total budgetary support of Rs 10,000 crore. As per the Road Transport Ministry, the government aims to support through subsidies about 62,000 electric passenger cars and buses, along with 15 lakhs electric three- and two-wheelers.]

257. Union Culture Ministry is organising the ‘Rashtriya Sanskriti Mahotsav’ in which state?

  • A
  • Gujarat

  • B
  • West Bengal

  • C
  • Maharashtra

  • D
  • Madhya Pradesh

Show Answer
Correct Answer : B [West Bengal]

Explaination : [The Union Culture Ministry is organising the 11th edition of its Rashtriya Sanskriti Mahotsav (RSM) in West Bengal. The events will be held in various places namely Cooch Behar, Darjeeling and Murshidabad during this month. It was inaugurated at the Cooch Behar palace and will promote traditional art forms and tribal heritage.]

258. As per the recent statistics, which country is the biggest trading partner of the European Union in 2020?

  • A
  • China

  • B
  • United States

  • C
  • India

  • D
  • United Arab Emirates

Show Answer
Correct Answer : A [China]

Explaination : [As per the recent data from the EU statistics agency Eurostat, China was the biggest trading partner of the European Union. Last year, China overtook the United States as the biggest trading partner of the EU. As per the agency, Britain which is not a part of the European Union at present, was the third-largest trading partner.]

259. ‘Heritage corridor project’, which was making news recently, is associated with which state?

  • A
  • Rajasthan

  • B
  • Maharashtra

  • C
  • Uttar Pradesh

  • D
  • Odisha

Show Answer
Correct Answer : D [Odisha]

Explaination : [The Jagannath Temple Management Committee, has recently approved a Rs 800-crore heritage corridor project. This project aims to revamp and redevelop the temple and is surrounding areas. The Lord Jagannath Temple is an important 12th century temple located in Puri, Odisha. The temple was built by the King Anantavarman Chodaganga of Ganga dynasty.]

260. Which multi-national company is to start its first manufacturing line in India, along with a subsidiary of Foxconn?

  • A
  • Apple

  • B
  • Amazon

  • C
  • Google

  • D
  • Alibaba

Show Answer
Correct Answer : B [Amazon]

Explaination : [Global E-commerce giant Amazon has announced that it is set to begin manufacturing devices in India. This is the first Amazon manufacturing line in India. Amazon will begin manufacturing with Cloud Network Technology, a subsidiary of Foxconn, in Chennai. Beginning later this year, the programme aims to manufacture several lakhs of Fire TV Stick devices every year, generating additional jobs in the country.]
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