Best PSC / PCS / STATE PCS online Current Affairs

Current Affairs MAY-2021

Showing 141 - 160 of 400 entries

141. Which Indian city won the 32nd rank in the Global Prime Residential Index?

A
Mumbai

B
New Delhi

C
Hyderabad

D
Bengaluru

Show Answer

Correct Answer : B [New Delhi]

Explaination : [London-based property consultant Knight Frank released the Global Prime Residential Index. As per the index, New Delhi and Mumbai are ranked in 32nd and 36th positions respectively. The Prime Global Cities Index is a valuation-based index, which tracked the movement in prime residential prices in local currency across more than 45 cities. Globally, Chinese city Shenzhen ranked first with 18.9% annual change for the period Q1 2020 – Q1 2021.]

142. “Colonial Pipeline cyberattack” which is seen in the news, has occurred in which country?

A
India

B
China

D
Russia

Show Answer

Correct Answer : C [USA]

Explaination : [Colonial Pipeline is an USA based oil company, which suffered a ransomware cyberattack on May 7th 2021. This has forced the company to shut down their systems and operations. The company’s pipeline systems supply fuel to most of South Eastern United States. The cyber attack has been confirmed by the FBI.]

143. Which Indian state is the first to launch the Online flood reporting system?

A
Odisha

B
Assam

C
West Bengal

D
Kerala

Show Answer

Correct Answer : B [Assam]

Explaination : [The Assam State Disaster Management Agency and UNICEF have jointly developed an online flood reporting and information management system in Assam. The new system would replace the existing mechanism which is manually operated and is time consuming one. The new system would be made fully operational from May 15th 2021.]

144. As per the Income Tax Act, what is the maximum limit to which money can be transferred in cash?

A
Rs 2 lakh

B
Rs 5 lakh

C
Rs 10 lakh

D
Rs 50 lakh

Show Answer

Correct Answer : A [Rs 2 lakh]

Explaination : [The Central government has relaxed income tax norms for the Covid hospitals, nursing home and Covid care centres for receiving cash of ₹2 lakh or above from the patients. The Ministry of Finance issued notification announcing relaxation in Section 269ST of the Income Tax Act. The exemption for cash payment receipt is for the period of 1st April 2021 to 31st May 2021.]

145. What is the name of the document issued by bank as a proof of payments received from abroad?

A
FIRA

B
FCNR

C
Vostro

D
Nostro

Show Answer

Correct Answer : A [FIRA]

Explaination : [FIRA is a document issued by banks to exporters as a proof of payments received from abroad. It is a proof of receipt of export proceeds in foreign currency received from abroad. American Payment company PayPal has introduced an automated process to obtain the monthly Foreign Inward Remittance Advice (FIRA). It is a cost-free and easy process to download their monthly digital FIRA issued by the bank. This initiative aims to empower Indian MSME exporters.]

146. IIT Ropar’s new mobile cremation system works on the principle of ……..?

A
Induction stove

B
Wick stove

C
Electric coil stove

D
None of the above

Show Answer

Correct Answer : B [Wick stove]

Explaination : [The Indian Institute of Technology, Ropar has developed an eco-friendly cremation cart, fitted with stainless steel insulation trays. It also ensures less wood consumption. The technology behind the system is based on the wick stove, in which wick after lighting is converted into smokeless blue flame after installing the combustion air system. The cart has combustion air for primary and secondary hot air system.]

147. ‘Heartbeat Act’, which was making news recently, is associate with which field?

A
Anti-Racism

B
Termination of pregnancy

C
Euthanasia

D
Autism

Show Answer

Correct Answer : B [Termination of pregnancy]

Explaination : [‘Heartbeat bill’ is a controversial legislation in the United States which makes abortions illegal as soon as the fetal heartbeat can be detected. Under the proposed Texas Heartbeat Act, abortions would be prohibited once a fetal heartbeat is detected, which can be as early as six weeks into pregnancy. It allows anyone to sue providers and others who violate the guidelines.]

148. Department of Telecommunications, functions under which Union Ministry?

A
Ministry of Science and Technology

B
Ministry of Communication

C
Ministry of Information & Broadcasting

D
Ministry of Electronics and IT

Show Answer

Correct Answer : B [Ministry of Communication]

Explaination : [The Department of Telecommunication (DoT), under the aegis of Ministry of Communications has issued a public warning, requesting people not to believe the fake messages regarding the spread of COVID 19 disease due to the 5G network. The DoT has stated the message to be false and scientifically baseless. It has requested the public not to be misguided by the information.]

149. Which business major has decided to buy online grocer Big Basket, and has approved CCI’s approval?

A
Reliance Industries

B
Adani Group

C
Tata Group

D
Aditya Birla Group

Show Answer

Correct Answer : C [Tata Group]

Explaination : [Tata Group has proposed to purchase online grocer Big Basket and it has received the approval from Competition Commission of India for the acquisition. Tata Group’s digital arm Tata Digital Ltd would acquire Big Basket for a value of Rs.9,500 crore, which is 64.3% of the total share capital of Big Basket.]

150. Which Indian insurance company has featured in the top 10 list of most valuable insurance brands globally?

A
UIIC

D
NICL

Show Answer

Correct Answer : B [LIC]

Explaination : [Life Insurance Corporation (LIC) has become the third strongest and the tenth most valuable insurance brand globally. According to a report by Brand Finance Insurance 100 2021, LIC’s brand value increased by almost 7 per cent to $8.65 billion. There are 5 Chinese Insurance companies in the top 10 with Ping An Insurance at the top place.]

151. Which space agency has recently launched a new batch of 60 Starlink internet satellites into orbit?

A
NASA

B
JAXA

C
SpaceX

D
Blue Origin

Show Answer

Correct Answer : C [SpaceX]

Explaination : [Elon Musk-owned SpaceX recently launched a new batch of 60 Starlink internet satellites into orbit onboard its Falcon 9 rocket. Marking the company’s 10th launch of the year, the flagship Falcon 9 rocket blasted off from Space Launch Complex 40 at Cape Canaveral Space Force Station in Florida. It successfully landed at sea, for the seventh time.]

152. Which policy/act has been revised to allow the import of oxygen concentrators for personal use in India?

A
Foreign Trade Policy

B
New Industrial Policy

C
Essential Commodities Act

D
Disaster Management Act

Show Answer

Correct Answer : A [Foreign Trade Policy]

Explaination : [The Indian Government has revised the Foreign Trade Policy, 2015-2020 and allowed the import of oxygen concentrators for personal use, amid a surge in Covid-19 cases in the country. According to a notification of the Directorate General of Foreign Trade (DGFT), oxygen concentrators have been added to the list of exempted categories, where customs clearance is sought as ”gifts”. They can be procured through post, courier or e-commerce portals and the exemption is allowed till July 31, 2021.]

153. As per the recent SEBI Guidelines, ……….. % salary of top executives be paid in mutual fund units?

Show Answer

Correct Answer : B [20]

Explaination : [The Securities and Exchange Board of India (SEBI), has recently announced that 20% of the salary of top executives must be paid in the form of units of mutual fund schemes they oversee. This decision has been taken to align the interests of the key employees of the asset management companies (AMCs) with the unitholders of the schemes.]

154. What is the new rate of IGST applicable to Import of Oxygen Concentrators for personal use?

Show Answer

Correct Answer : C [12%]

Explaination : [The Government of India has brought down the IGST for import of Oxygen Concentrators for personal use from the present 28% slab to 12%. This would be applicable till 30th June 2021. This rare reduction comes in the wake of a sudden surge in the demand for oxygen, used for Covid 19 infected patients.]

155. India announced a USD 1.4 billion of private-sector trade and investment, with which country

C
Russia

D
Brazil

Show Answer

Correct Answer : B [UK]

Explaination : [India and UK announced 1 billion pounds (USD1.4 billion) of private-sector trade and investment. It also includes a 240 million pounds investment by the Serum Institute of India The Serum Institute, in collaboration with Codagenix, has begun early-stage trials of a one-dose nasal vaccine against Covid-19. Trade between the India and UK accounts for about 23 billion pounds annually.]

156. INS Kolkata arrived Port Shuwaikh, to bring Liquid Medical Oxygen and medical supplies, from which country?

B
Kuwait

C
Oman

D
France

Show Answer

Correct Answer : B [Kuwait]

Explaination : [The United States’ National Oceanic and Atmospheric Administration has released the new climate normal. The data reveal that weather across the US is getting warmer. NOAA releases the climate normals every 10 years and they reflect the data from the past 30 years. The recently released data set comprises of the average temperature, precipitation and rainfall from 1991 to 2020.]

157. China indefinitely suspended all activities under the Strategic Economic Dialogue with which country?

A
India

B
Australia

C
North Korea

D
Russia

Show Answer

Correct Answer : B [Australia]

Explaination : [China has recently suspended the China-Australia Strategic Economic Dialogue, amidst the strained relations between the two countries. Bilateral ties were strained in the year 2018 when Australia became the first country to publicly ban Chinese tech giant Huawei from its 5G network. Last year, Australia called for an independent investigation into the origins of the novel coronavirus, which prompted trade retaliations from China.]

158. Kabasura Kudineer, which was included in Ministry of Ayush distribution campaign, is a medicine from which system of medicine?

A
Ayurveda

B
Siddha

C
Homeopathy

D
Unani

Show Answer

Correct Answer : B [Siddha]

Explaination : [Ministry of Ayush is launching a massive nationwide campaign to distribute poly herbal Ayurvedic drug AYUSH 64 and Siddha drug Kabasura Kudineer, to benefit COVID patients, who are in home isolation. Kabasura Kudineer, a Siddha medicine was also subjected to clinical trials for studying the efficacy in Covid-19 patients by Central Council for Research in Siddha (CCRS) under Ministry of Ayush.]

159. When is the World Migratory Bird Day observed every year?

A
Last Sunday in April and September

B
May 10

C
Second Saturday in May and October

D
May 15

Show Answer

Correct Answer : C [Second Saturday in May and October]

Explaination : [Every year, World Migratory Bird Day (WMBD) is celebrated on the second Saturday in May and in October. This year it falls on 8th May and 9th October 2021. “Sing, Fly, Soar – Like a Bird” is the theme for this year. This day is celebrated as an annual awareness-raising campaign, which highlights the need to protect migratory birds and their habitats.]

160. Area of Summer Crops has increased by 21.58% from last year, mainly due to the increase in which area?

A
Rice

B
Pulses

C
Wheat

D
Jute

Show Answer

Correct Answer : B [Pulses]

Explaination : [The area under cultivation of summer crops has increased by 21.58% from last year to 80.02 lakh hectares. This rise is primarily due to sharp increase in the area of cultivation of pulses, which has gone up by almost 70% from last year. This has raised hopes of a good harvest and extra income for farmers. The meteorological department has forecast that monsoon will hit Kerala on its scheduled date of June 1.]