Current Affairs 8 January 2021 Quiz
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Quiz from Current Affairs 7 January 2021 of A2Z – Click Here to Read Current Affairs of January 7, 2021
- India with which country has tested a Medium-Range Surface-to-Air Missile (MRSAM) defence system jointly developed by the two countries?
A) Israel
B) France
C) Sweden
D) Indonesia
View Answer
Option A
Explanation:
India and Israel have successfully tested a Medium-Range Surface-to-Air Missile (MRSAM) defence system jointly developed by the two countries in a boost to their combat capabilities aimed at providing ultimate protection from enemy aircraft.
- To improve the inland water transport infrastructure in which state, the Government of India and the World Bank signed a $105 million project?
A) Rajasthan
B) Madhya Pradesh
C) Arunachal Pradesh
D) West Bengal
View Answer
Option D
Explanation:
The Government of India, the Government of West Bengal and the World Bank signed a $105 million project to improve the inland water transport infrastructure in Kolkata, West Bengal.
- Which of the following is the first urban co-operative bank (UCB) in India to transition to a Small Finance Bank?
A) Shivalik Small Finance Bank
B) Fincare Small Finance Bank
C) Tirupati Small Finance Bank
D) Mehsana Small Finance Bank
View Answer
Option A
Explanation:
Shivalik Small Finance Bank (SSFB) will start its banking operations from April 2021. It has received the commercial banking license from banking regulator Reserve Bank of India (RBI).
SMCB is the first urban co-operative bank (UCB) in India to transition to a SFB under the voluntary transition scheme.
- When is World Day of War Orphans observed?
A) January 8
B) January 2
C) January 5
D) January 6
View Answer
Option D
Explanation:
The World Day of War Orphans is observed on January 6 every year. The day aims to raise awareness about children who have been orphaned due to wars.
- DRDO has signed MoU with which state’s metro for implementation of Advanced Biodigester Mk-II Technology in Metro Rail Network?
A) Delhi Metro
B) Maharashtra Metro
C) Rajasthan Metro
D) Karnataka Metro
View Answer
Option B
Explanation:
Defence Research and Development Organisation (DRDO), Government of India’s premier research agency and Maharashtra Metro Rail Corporation (MAHA –METRO), a joint venture company of the GoI and Government of Maharashtra are working together to conserve water and protect the environment by installing DRDO’s eco-friendly biodigester units (a non-sewered sanitation technology) in its facilities.
- With effect from April 1, the Reserve Bank of India (RBI) has decided to introduce the Legal Entity Identifier (LEI) system for all payment transactions of what value?
A) Rs 30 crore
B) Rs 50 crore
C) Rs 80 crore
D) Rs 40 crore
View Answer
Option C
Explanation:
The Reserve Bank of India (RBI) has decided to introduce the Legal Entity Identifier (LEI) system for all payment transactions of value ₹50 crore and above undertaken by entities (non-individuals) using the Reserve Bank-run Centralised Payment Systems with effect from April 1.
LEI is a 20-digit number used to uniquely identify parties to financial transactions worldwide.
- Which bank has signed an agreement with the Indian Army to provide banking services to the personnel of the force?
A) CSB Bank
B) Bandhan Bank
C) Federal Bank
D) Kotak Mahindra Bank
View Answer
Option B
Explanation:
Private lender Bandhan Bank said that it has signed an agreement with the Indian Army to provide banking services to the personnel of the force. The bank got the mandate to maintain zero-balance salary accounts of the Army personnel.
- Andhra Pradesh and Madhya Pradesh which have become the first pair to have completed the One Nation, One Ration Card Reforms has received how much additional financial assistance?
A) Rs 1,004 crore
B) Rs 1,346 crore
C) Rs 1,192 crore
D) Rs 1,045 crore
View Answer
Option A
Explanation:
The finance ministry has provided additional financial assistance worth Rs 1,004 crore to Andhra Pradesh and Madhya Pradesh for capital expenditure after they completed three of the four citizen-centric reforms.
The two states have completed the One Nation, One Ration Card Reforms, Ease of Doing Business Reforms, and Urban Local Bodies Reforms.
- RBI announced the operationalization of the Payment Investment Development Fund (PIDF) with how much initial corpus?
A) Rs 461 crore
B) Rs 527 crore
C) Rs 624 crore
D) Rs 345 crore
View Answer
Option D
Explanation:
The Reserve Bank of India announced the operationalization of the Payment Investment Development Fund (PIDF) with an initial corpus of Rs 345 crore for three years – extendable up to an additional two more years.
The Scheme is expected to benefit the acquiring banks / non-banks and merchants by lowering overall acceptance infrastructure cost.
- With the prediction of India’s economy to contract by 9.6% in 2020-21, World Bank predicted to recover it to what percent in next fiscal?
A) 6.2%
B) 5.9%
C) 5.4%
D) 4.7%
View Answer
Option C
Explanation:
The World Bank predicted India’s economy to contract by 9.6% in 2020-’21 financial year and recover to 5.4% in the next fiscal.
- With which country, cabinet approved signing of Memorandum of Cooperation on partnership in ‘Specified Skilled Worker’?
A) Netherlands
B) Italy
C) France
D) Japan
View Answer
Option D
Explanation:
The Union Cabinet chaired by Prime Minister Narendra Modi has approved the signing of a Memorandum of Cooperation between Indian and Japan on a Basic Framework for Partnership for Proper Operation of the System Pertaining to ‘Specified Skilled Worker’.
- Which country’s former prime minister Modibo Keita passed away recently?
A) Mali
B) Ghana
C) Senegal
D) Libya
View Answer
Option A
Explanation:
Mali’s former prime minister Modibo Keita has died at the age of 78.
- Who is appointed as the Deputy General Secretary of All India Football Federation (AIFF)?
A) Vikram Roop Shah
B) Dinesh Gupta
C) Abhilash Rewri
D) Abhishek Yadav
View Answer
Option D
Explanation:
The All India Football Federation (AIFF) is set to appoint former India international Abhishek Yadav as its Deputy General Secretary.
- Who has been appointed as the new Deputy Chief of Staff?
A) Nimesh Jain
B) Srikant Awasthi
C) Shantanu Dayal
D) Vibhor Sahni
View Answer
Option C
Explanation:
Indian Army has undergone a major reshuffle at the top within the Army Headquarters and at the various other formations including the Corps Commanders, administrative and training institutions witnessing the change of guard.
Lt Gen Shantanu Dayal has taken charge as the new Deputy Chief of Staff assuming the position from January 1, 2021.
- Who has been appointed as the chairman of All India Gem & Jewellery Domestic Council, the national apex body of the gems and jewellery industry?
A) Ashish Pethe
B) Saiyam Mehra
C) Nakul Thakur
D) Rohit Jaglani
View Answer
Option A
Explanation:
The All India Gem & Jewellery Domestic Council (GJC), the national apex body of the gems and jewellery industry, has appointed Ashish Pethe as Chairman and Saiyam Mehra as its Vice Chairman for a period of two years.
- Who has been elected as the president of All India Chess Federation (AICF)?
A) Vikram Shah
B) Susheel Triwedi
C) Bharat Singh
D) Sanjay Kapoor
View Answer
Option D
Explanation:
Sanjay Kapoor was elected president of the All India Chess Federation (AICF) while Bharat Singh Chauhan retained the secretary’s post in the polls held online.
- Faustin-Archange Touadera has been reelected as the president of which country?
A) Djibouti
B) Democratic Republic of the Congo
C) Central African Republic
D) Niger
View Answer
Option C
Explanation:
Central African Republic President Faustin-Archange Touadera has won five more years in power by securing more than 53% of votes in an election that was marred by violence, according to provisional results announced.
- When is Marathi Journalism Day being celebrated across Maharashtra?
A) January 6
B) January 5
C) January 2
D) January 3
View Answer
Option A
Explanation:
Marathi Journalism Day is being celebrated across Maharashtra on 6th January
- How much amount has been allocated by the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund Trust for installation of additional 162 dedicated Pressure Swing Adsorption (PSA) Medical Oxygen Generation Plants inside public health facilities in the country?
A) Rs 254.37 crore
B) Rs 201.58 crore
C) Rs 298.92 crore
D) Rs 236.16 crore
View Answer
Option B
Explanation:
The Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund Trust is allocating 201.58 crore rupees for installation of additional 162 dedicated Pressure Swing Adsorption (PSA) Medical Oxygen Generation Plants inside public health facilities in the country.
- Which of the following partnered with SIDBI to provide a finance scheme to the MSME players in the rooftop solar segment?
A) NTPC Limited
B) Reliance Infrastructure
C) Tata Power
D) Ashok Leyland
View Answer
Option C
Explanation:
Tata Power announced its partnership with SIDBI to provide a finance scheme to the MSME players in the rooftop solar segment.
STATIC GK BASED ON CURRENT AFFAIRS
- Where is the HQ of Shivalik Small Finance Bank situated?
A) Uttar Pradesh
B) Karnataka
C) Haryana
D) Maharashtra
View Answer
Option A
Explanation:
Saharanpur , Uttar Pradesh
- Where is the HQ of Bandhan Bank situated?
A) Chennai
B) Kolkata
C) Mumbai
D) Pune
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