Current Affairs Quiz: May 23, 2020

Current Affairs 23 May 2020 Quiz

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Quiz from Current Affairs 22 May 2020 of A2Z – Click Here to Read Current Affairs of May 22, 2020

  1. How much amount was approved by the government for the scheme in fisheries sector?
    A)₹24757 cr
    B)₹22060 cr
    C)₹21000 cr
    D)₹20050 cr
    View Answer
    Option D
    Explanation:
    The Cabinet approved a scheme to bring about a blue revolution through sustainable and responsible development of the fisheries sector with a total estimated investment of Rs 20,050 crore in the next five years.

  2. Recently the government extended which scheme for senior citizens for three years till March 2023?
    A)Pradhan Mantri Vaya Vandana Yojana
    B)Pradhan Mantri Matsya Sampada Yojana
    C)Pradhan Mantri Vayu Yojana
    D)Pradhan Mantri Swasthya Yojana
    View Answer
    Option A
    Explanation:
    The Union Cabinet extended the Pradhan Mantri Vaya Vandana Yojana (PMVVY), a social security scheme for senior citizens, for three years till March, 2023.

  3. Uttar Pradesh Chief Minister Adityanath launched the ‘UP Start-up Fund’.It will be managed by which organisation?
    A)NASSCOM
    B)SIDBI
    C)NABARD
    D)IRDA
    View Answer
    Option B
    Explanation:
    Uttar Pradesh Chief Minister Adityanath launched the ‘UP Start-up Fund’ to be managed by the Small Industries Development Bank of India (SIDBI).

  4. Which state government launched Rajiv Gandhi Nyay Yojana for farmers?
    A)Chhattisgarh
    B)NewDelhi
    C)Haryana
    D)Bihar
    View Answer
    Option A
    Explanation:
    The Chhattisgarh government launched a scheme to ensure “minimum income availability” to farmers of the state through direct bank transfer on the death anniversary of former prime minister Rajiv Gandhi May 21.

  5. Centre government launched scheme for 100% solarization of Konark Sun Temple & Konark town.It is situated in which state?
    A)Maharashtra
    B)Telangana
    C)Assam
    D)Odisha
    View Answer
    Option D
    Explanation:
    Union Government has launched scheme for 100 per cent solarization of Konark Sun Temple and Konark town in Odisha.Rs 25 crore rupees has been earmarked for this project.

  6. How much amount was sanctioned by Finance Ministry towards devolution of central taxes to states for April and May?
    A)₹90456 cr
    B)₹92096 cr
    C)₹95000 cr
    D)₹92077 cr
    View Answer
    Option D
    Explanation:
    The government said it has released Rs 92,077 crore towards devolution of central taxes to states for April and May.

  7. How much amount was approved to scheme to support micro food processing units?
    A)₹10000 cr
    B)₹9500 cr
    C)₹11000 cr
    D)₹12500 cr
    View Answer
    Option A
    Explanation:
    The Union Cabinet, headed by Prime Minister Narendra Modi, gave approval for a new central scheme with an outlay of Rs 10,000 crore for providing credit-linked subsidy to 2 lakh micro food processing units across the country.

  8. The Union Cabinet gave ex-post facto approval for distribution of how much kg of food grains to 8 crore migrant workers for two months?
    A)5 kg
    B)6 kg
    C)8 kg
    D)10 kg
    View Answer
    Option A
    Explanation:
    The Union Cabinet gave ex-post facto approval for distribution of 5 kg foodgrains from the central pool for free to 8 crore migrant workers for two months.

  9. How much amount of credit line was given to EXIM Bank by RBI?
    A)₹12000 cr
    B)₹25000 cr
    C)₹10000 cr
    D)₹15000 cr
    View Answer
    Option D
    Explanation:
    The Reserve Bank announced a Rs 15,000-crore line of credit to the Export-Import Bank of India, for a period of 90 days from the date of availment with rollover up to a maximum period of one year so as to enable it to avail a US dollar swap facility to meet its foreign exchange requirements,

  10. Recently RBI reduced the repo rate to how much percent?
    A)3.75%
    B)4.05%
    C)4.0%
    D)4.15%
    View Answer
    Option C
    Explanation:
    The Reserve Bank of India has cut key repo lending rate by 40 basis points to 4%. This is expected to bring down lending rates and deposit rates as well.

  11. How much amount was received by SIDBI from UP govt for startup fund?
    A)₹12 cr
    B)₹20 cr
    C)₹10 cr
    D)₹15 cr
    View Answer
    Option D
    Explanation:
    Small Industries Development Bank of India (Sidbi) has received Rs 15 crore from the Uttar Pradesh government as the first tranche towards the UP Start-up Fund.

  12. Which company has partnered with social media giant Facebook to train offline retailers to go digital?
    A)Motorola
    B)Redmi
    C)Sony
    D)Samsung
    View Answer
    Option D
    Explanation:
    Samsung India has partnered with social media giant Facebook to train offline retailers to go digital.

  13. Which organisation has entered into a partnership with Airtel Africa to provide children with access to remote learning and enable access to cash assistance for their families via mobile cash transfers amid the coronavirus pandemic?
    A)ILO
    B)UNICEF
    C)UNESCO
    D)WHO
    View Answer
    Option B
    Explanation:
    UNICEF has entered into a partnership with Airtel Africa to provide children with access to remote learning and enable access to cash assistance for their families via mobile cash transfers amid the coronavirus pandemic.

  14. Who has been sworn in as Lesotho’s prime minister ?
    A)Mohammed Al Zayed
    B)Scott Morrison
    C)Thomas Thabane
    D)Moeketsi Majoro
    View Answer
    Option D
    Explanation:
    Moeketsi Majoro has been sworn in as Lesotho’s prime minister following the resignation of his embattled predecessor, Thomas Thabane.

  15. Who was appointed as India’s new Permanent Representative to the UN
    A)TS Tirumurti
    B)Syed Akbaruddin
    C)Sanjay Jha
    D)Manish Sharma
    View Answer
    Option A
    Explanation:
    TS Tirumurti, India’s new Permanent Representative to the UN, presented his credentials virtually as he assumed charge as the Ambassador amid the coronavirus pandemic.

  16. Recently Shyamala G Bhave passed away.She was related to which field?
    A)Vocalist
    B)Virologist
    C)Journalist
    D)Actress
    View Answer
    Option A
    Explanation:
    Renowned vocalist Shyamala G Bhave, who had an equal command over Hindustani and Carnatic music, passed away at her residence after suffering a stroke. She was 79

STATIC GK BASED ON CURRENT AFFAIRS

  1. Where is the HQ of SIDBI?
    A)Mumbai
    B)Lucknow
    C)Chennai
    D)Kolkata
    View Answer
    Option B

  2. Where is the HQ of EXIM Bank?
    A)Kolkata
    B)Mumbai
    C)NewDelhi
    D)Chennai
    View Answer
    Option B

  3. What is the capital of Lesotho?
    A)Malabo
    B)Niamey
    C)Mapito
    D)Maseru
    View Answer
    Option D

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  141. I’d personally also like to express that most individuals that find themselves with no health insurance can be students, self-employed and those that are unemployed. More than half of the uninsured are under the age of Thirty five. They do not really feel they are requiring health insurance because they’re young along with healthy. Their own income is usually spent on houses, food, along with entertainment. Many people that do go to work either whole or not professional are not provided insurance by means of their jobs so they go without owing to the rising valuation on health insurance in america. Thanks for the concepts you talk about through this website.

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  156. I have observed that over the course of creating a relationship with real estate proprietors, you’ll be able to get them to understand that, in every real estate purchase, a commission is paid. Finally, FSBO sellers will not “save” the percentage. Rather, they fight to win the commission by way of doing an agent’s work. In accomplishing this, they invest their money along with time to execute, as best they might, the duties of an adviser. Those jobs include exposing the home by marketing, delivering the home to all buyers, creating a sense of buyer desperation in order to trigger an offer, making arrangement for home inspections, taking on qualification checks with the mortgage lender, supervising maintenance tasks, and facilitating the closing.

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  159. Thanks for discussing your ideas with this blog. Furthermore, a myth regarding the finance institutions intentions any time talking about property foreclosures is that the financial institution will not take my repayments. There is a specific amount of time that this bank will take payments in some places. If you are too deep inside hole, they’re going to commonly demand that you pay the actual payment in full. However, i am not saying that they will have any sort of repayments at all. If you and the lender can find a way to work a thing out, your foreclosure procedure may cease. However, when you continue to miss out on payments wih the new system, the property foreclosures process can just pick up from where it left off.

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  165. Today, I went to the beach front with my kids. I found a sea shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She put the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear. She never wants to go back! LoL I know this is completely off topic but I had to tell someone!

  166. One more thing. I believe that there are a lot of travel insurance websites of dependable companies that let you enter a trip details and obtain you the estimates. You can also purchase this international travel insurance policy on the web by using the credit card. Everything you should do should be to enter your travel information and you can begin to see the plans side-by-side. You only need to find the plan that suits your allowance and needs and after that use your credit card to buy it. Travel insurance on the internet is a good way to check for a reliable company pertaining to international travel insurance. Thanks for giving your ideas.

  167. When I originally commented I clicked the “Notify me when new comments are added” checkbox and now each time a comment is added I get three e-mails with the same comment. Is there any way you can remove people from that service? Many thanks!

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  170. Thanks for your post. I would like to say a health insurance specialist also works for the benefit of the actual coordinators of a group insurance policies. The health agent is given a directory of benefits wanted by anyone or a group coordinator. What any broker does is search for individuals or perhaps coordinators which will best match up those needs. Then he offers his suggestions and if each party agree, this broker formulates a binding agreement between the 2 parties.

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