Current Affairs Quiz: October 10, 2020

Current Affairs 10 October 2020 Quiz

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Quiz from Current Affairs 9 October 2020 of A2Z – Click Here to Read Current Affairs of October 9, 2020

1. According to the World Bank, India’s GDP is expected to contract by how much percent in the fiscal year 2020-21 (FY21)?
   A) 9.2%
   B) 8.7%
   C) 9.6%
   D) 8.3%
   
   View Answer

   Option C
   Explanation:
   India’s GDP is expected to contract by 9.6% in the fiscal year 2020-21 (FY21), the World Bank said in its report titled ‘South Asia Economic Focus’. The World Bank earlier in June had estimated the Indian economy to shrink by 3.2% in the current fiscal.
   South Asia as a region is set to plunge into its worst ever recession with a sharper than expected contraction of 7.7%.
   India’s growth is projected to rebound to 5.4% in FY22, mostly reflecting base effects, assuming Covid19 -related restrictions are completely lifted by 2022. As per the bank, weak activity, domestically and abroad, is also likely to depress both Indian imports and exports.
2. According to the Reserve Bank of India’s Monetary Policy Committee (MPC), the Indian economy will contract by how much percent in the fiscal 2021 due to COVID-19?

   A) 9.5%
   B) 8.7%
   C) 10.2%
   D) 8.2%
   

   View Answer

   Option A
   Explanation:
   The Indian economy will contract 9.5% in fiscal 2021 due to disruptions caused by the covid-19 pandemic that has hit economic activities, according to the Reserve Bank of India’s Monetary Policy Committee (MPC).
   
3. According to the World Bank, approximately how many people could be push into extreme poverty by the end of 2021 due to the coronavirus pandemic?
   A) 120 million
   B) 180 million
   C) 100 million
   D) 150 million
   
   View Answer

   Option D
   Explanation:
   The World Bank said that the coronavirus pandemic could push as many as 150 million people into extreme poverty by the end of 2021, wiping out more than three years of progress in poverty reduction.
   Releasing its flagship biennial report on poverty and shared prosperity, the multilateral development lender said that an additional 88 million to 115 million people will fall into extreme poverty – defined as living on less than $1.90 a day -in 2020. The report said this could grow to 111 million to 150 million by the end of 2021.
4. Which airport has signed the concession agreement for the development of Jewar Airport in Noida, Uttar Pradesh which is expected to be completed in 2024?
   A) Zurich Airport International
   B) Toronto Pearson International Airport
   C) Singapore International Airport
   D) Munich International Airport
   
   View Answer

   Option A
   Explanation:
   Zurich Airport International has signed the concession agreement for the development of Jewar Airport on the outskirts of Delhi, India. The first phase of Noida International Airport is expected to be completed in 2024.
   
5. Which of the following e-commerce company has partnered with the Indian Railway Catering and Tourism Corporation (IRCTC) to provide their customers with the facility to book reserved train tickets on its platform?
   A) Myntra
   B) Snapdeal
   C) Amazon
   D) Flipkart
   
   View Answer

   Option C
   Explanation:
   Amazon India has partnered with Indian Railway Catering and Tourism Corporation (IRCTC) to provide their customers with the facility to book reserved train tickets on its platform.
   
6. The Reserve Bank of India (RBI) has extended the tenure of R. K. Chhibber as the Chairman and Managing Director (CMD) of which bank by another six months?
   A) Laxmi Vilas Bank
   B) Jammu and Kashmir Bank
   C) Federal Bank
   D) Karnataka Bank
   
   View Answer

   Option B
   Explanation:
   The Reserve Bank of India (RBI) has extended the tenure of Jammu and Kashmir Bank Chairman and Managing Director (CMD) R. K. Chhibber by another six months.
   
7. Sadyr Zhaparov has been appointed as the acting priem minister of which country?
   A) Niger
   B) Mozambique
   C) Grenada
   D) Kyrgyzstan
   
   View Answer

   Option D
   Explanation:
   Kyrgyzstan’s Prime Minister Kubatbek Boronov has stepped down. At an emergency session, the Kyrgyzstan parliament appointed Sadyr Zhaparov as acting prime minister.
   
8. Mexican Mario Molina who passed away recently won the Nobel Prize in which field in 1995?
   A) Physics
   B) Chemistry
   C) Peace
   D) Literature
   
   View Answer

   Option B
   Explanation:
   Mario Molina, winner of the Nobel Prize in chemistry in 1995 and the only Mexican scientist to be honored with a Nobel, died in his native Mexico City. He was 77.
   
9. What is the theme of World Sight Day 2020?
   A) Eye care Everywhere
   B) Vision First
   C) Hope In Sight
   D) Universal Eye Health
   
   View Answer

   Option C
   Explanation:
   World Sight Day, observed annually on the second Thursday of October, is a global event meant to draw attention on blindness and vision impairment.
   This year, World Sight Day will take place on 8 October 2020 with the theme: Hope In Sight
10. With which country has the Meghalaya government joined hands for setting up a Centre of Excellence (CoE) on high value vegetables in the state in a bid to improve and promote the livelihoods of farmers?
    A) Poland
    B) Israel
    C) Denmark
    D) Norway
    
    View Answer

    Option B
    Explanation:
    The Meghalaya government has joined hands with Israel for setting up a Centre of Excellence (CoE) on high value vegetables in the state in a bid to improve and promote the livelihoods of farmers.
    
11. Which organization has been awarded the 2020 Nobel Peace Prize?
    A) International Fund For Agricultural Development
    B) Food and Agriculture Organization
    C) World Food Program
    D) Doctors Without Borders
    
    View Answer

    Option C
    Explanation:
    The World Food Program won the 2020 Nobel Peace Prize for its efforts to combat hunger and food insecurity around the globe.
    
12. Nilesh Shah has been re-elected as the Chairman of which of the following?
    A) Food Safety and Standards Authority of India
    B) Association of Mutual Funds in India
    C) Pension Fund Regulatory and Development Authority
    D) Insurance Regulatory and Development Authority
    
    View Answer

    Option B
    Explanation:
    Nilesh Shah has been re-elected as the Chairman of Association of Mutual Funds in India (AMFI), at the recently concluded Board Meeting of AMFI.
    
13. For which of the poetry of Odia poet Nityananda Nayak, he has been conferred the prestigious Sarala Puraskar?
    A) Setebelaku Nathiba
    B) Sahitya Parikrama
    C) Asanta Graha
    D) Kalasa Choutisa
    
    View Answer

    Option A
    Explanation:
    Noted Odia poet Nityananda Nayak has been conferred the prestigious Sarala Puraskar for his poetry work ‘Setebelaku Nathiba’, published in 2017.
    
14. When is World Post Day celebrated?
    A) October 7
    B) October 8
    C) October 6
    D) October 9
    
    View Answer

    Option D
    Explanation:
    World Post day happens each year on October 9, the anniversary of the Universal Postal Union, which started in 1874 in Switzerland. Today the universal postal union celebrates its 146th anniversary.
    
15. The two per cent interest subvention scheme for micro, small and medium enterprises (MSMEs) on loans offered by co-operative banks has been extended till which date as announced by the Reserve Bank of India?
    A) 31st December 2020
    B) 31st January 2021
    C) 30th June 2021
    D) 31st March 2021
    
    View Answer

    Option D
    Explanation:
    The Reserve Bank of India has said that the two per cent interest subvention scheme for micro, small and medium enterprises (MSMEs) on loans offered by co-operative banks has been extended till 31st of March next year.
    
16. In which state did the National Bank for Agriculture and Rural Development -NABARD has inked three Memoranda of Understanding (MoU) with Public Sector Bank- State Bank of India(SBI) to extend credit support for various projects?
    A) Karnataka
    B) Rajasthan
    C) Gujarat
    D) Goa
    
    View Answer

    Option C
    Explanation:
    The National Bank for Agriculture and Rural Development -NABARD has inked three Memoranda of Understanding (MoU) with Public Sector Bank- State Bank of India(SBI) to extend credit support for various projects in Gujarat.
    
17. The poet Louise Glück who became the first American woman to win the 2020 Nobel prize for literature in 27 years was awarded for which of the following?
    A) her unmistakable poetic voice that with austere beauty makes individual existence universal
    B) who, in novels of great emotional force, has uncovered the abyss beneath our illusory sense of connection with the world
    C) for a narrative imagination that with encyclopedic passion represents the crossing of boundaries as a form of life
    D) for an influential work that with linguistic ingenuity has explored the periphery and the specificity of human experience
    
    View Answer

    Option A
    Explanation:
    The poet Louise Glück has become the first American woman to win the Nobel prize for literature in 27 years, cited for “her unmistakable poetic voice that with austere beauty makes individual existence universal”
    
18. Prime Minister Narendra Modi launched which campaign for COVID-19 Appropriate Behaviour in view of the upcoming festivals and winter season as well as the opening up of the economy?
    A) Jan Andolan
    B) Janta Survey
    C) Covid Andolan
    D) Covid Survey
    
    View Answer

    Option A
    Explanation:
    Prime Minister Narendra Modi launched a campaign on Jan Andolan for COVID-19 Appropriate Behaviour in view of the upcoming festivals and winter season as well as the opening up of the economy.
    
19. Union Minister for Education Ramesh Pokhriyal ‘Nishank’ launched what, which is a MeitY funded Technology Business Incubator (TBI) of Indian Institute of Information Technology, Chittoor, Andhra Pradesh?
    A) Atithi Circle Ventures
    B) Surya Circle Ventures
    C) Gyan Circle Ventures
    D) Vikalp Circle Ventures
    
    View Answer

    Option C
    Explanation:
    Union Minister for Education Ramesh Pokhriyal ‘Nishank’ virtually inaugurated the Gyan Circle Ventures, a MeitY funded Technology Business Incubator (TBI) of Indian Institute of Information Technology, Chittoor, Andhra Pradesh through Video Conference.
    
20. What is the reverse repo rate as announced by the Reserve Bank of India in its bi-monthly Monetary Policy in October 2020?
    A) 3.35%
    B) 3.25%
    C) 3.75%
    D) 3.65%
    
    View Answer

    Option A
    Explanation:
    The Reserve Bank of India in its bi-monthly Monetary Policy statement issued, has maintained a status quo keeping the key interest rates unchanged. The reverse repo rate remains unchanged at 3.35 per cent, the repo rate at 4 per cent.
    
21. When is Indian Foreign Service Day observed?
    A) 10 October
    B) 9 October
    C) 8 October
    D) 6 October
    
    View Answer

    Option B
    Explanation:
    Indian Foreign Service Day is celebrated on 9 October every year since 2011 to commemorate the day the Indian Cabinet created the IFS.
    
22. Union Minister Ram Vilas Paswan who passed away was holding the charge of which of the following ministries then?
    A) Information and Broadcasting
    B) Statistics and Programme Implementation
    C) Food and Public Distribution
    D) Chemicals and Fertilizers
    
    View Answer

    Option C
    Explanation:
    Union Minister and LJP patriarch Ram Vilas Paswan passed away. He was 74. A Dalit leader from Bihar, Paswan had been serving as the Union Minister of Food and Public Distribution in the Narendra Modi-led NDA government.

STATIC GK BASED ON CURRENT AFFAIRS

1. Where is the HQ of World Food Programme situated?
   A) New York, USA
   B) Rome, Italy
   C) Sydney, Australia
   D) Berlin, Germany
   
   View Answer

   Option B
   
   
2. Where is the HQ of Association of Mutual Funds in India situated?
   A) Mumbai
   B) Gurgaon
   C) Hyderabad
   D) Pune
   
   View Answer

   Option A
   
   
3. Where is the HQ of Jammu and Kashmir Bank situated?
   A) Jammu
   B) Srinagar
   C) Udhampur
   D) Baramulla
   
   View Answer

   Option B
   
   
4. What is the currency of Kyrgyzstan?
   A) Lira
   B) Krona
   C) Zloty
   D) Som
   
   View Answer

   Option D
   Explanation:
   Capital: Bishkek