Current Affairs Quiz: May 10, 2020

1. Which state government recently raised the age of superannuation of its employees to 59 years from 58?
   A)TamilNadu
   B)Maharashtra
   C)Uttar Pradesh
   D)Bihar
   
   
   

   
   Option A
   Explanation: The Tamil Nadu government raised the age of superannuation of its employees to 59 years from 58, in an attempt to give itself some relief from a near ₹5,000-crore financial burden.

   
   
2. The ministry of road transport and highways has set a target of constructing roads worth how much amount over the next two years?
   A)20 lakh crore
   B)10 lakh crore
   C)12 lakh crore
   D)15 lakh crore
   
   
   

   
   Option D
   Explanation: The ministry of road transport and highways has set a target of constructing roads worth 15 lakh crore over the next two years said by union minister Nitin Gadkari during meeting via video conferencing with the members of SIAM (Society of Indian Automobile Manufacturers) Institute on impact of COVID-19 on auto sector.

   
   
3. How much amount of loan was approved by Asian Infrastructure Investment Bank (AIIB) to support India’s fight against COVID-19?
   A)USD 300 million
   B)USD 100 million
   C)USD 200 million
   D)USD 500 million
   
   
   

   
   Option D
   Explanation: The Asian Infrastructure Investment Bank (AIIB) has, approved a loan of USD 500 million to support India’s efforts to fight the COVID-19 pandemic.

   
   
4. How much amount of loans were sanctioned by PSBs during March April as per Finance Minister?
   A)₹6.00 lakh cr
   B)₹5.98 lakh cr
   C)₹5.55 lakh cr
   D)₹5.66 lakh cr
   
   
   

   
   Option D
   Explanation: Finance Minister Nirmala Sitharaman said public sector banks (PSBs) sanctioned loans worth Rs 5.66 lakh crore to borrowers during March and April, and disbursement will start soon after the lockdown is lifted, leading to economic recovery.

   
   
5. Recently Paytm Payments Bank crossed how much amount in fixed deposits?
   A)₹100 cr
   B)₹400 cr
   C)₹500 cr
   D)₹600 cr
   
   
   

   
   Option D
   Explanation: Paytm Payments Bank said it has crossed Rs 600 crore in fixed deposit accounts as it witnessed growth during the lockdown period due to volatility in other assets.

   
   
6. Recently NABARD distributed how much amount to State Co-op Banks, RRBs?
   A)₹9646 cr
   B)₹11456 cr
   C)₹12500 cr
   D)₹12767 cr
   
   
   

   
   Option D
   Explanation: The National Bank for Agriculture and Rural Development (Nabard) has disbursed ₹12,767 crore to State Co-operative Banks (StCBs) and Regional Rural Banks (RRBs) across the country to augment their resources for extending credit to farmers during the ongoing lockdown.

   
   
7. Recently the Supreme Court made which banks to come under Sarfaesi Act?
   A)Small Finance Banks
   B)Payments Bank
   C)RRB
   D)Cooperative Banks
   
   
   

   
   Option D
   Explanation: The Supreme Court held that the cooperative banks involved in the activities related to banking are covered within the meaning of ‘banking company’ and Parliament has legislative competence to provide for procedure for recovery of loan under the Sarfaesi Act.

   
   
8. As per Moody Investors Service, India’s GDP growth to hit how much percent in FY21?
   A)1.5%
   B)1.1%
   C)1.2%
   D)0%
   
   
   

   
   Option D
   Explanation: Moody’s Investors Service said it estimates India’s GDP growth to hit zero’ in FY21 and pointed to a wide fiscal deficit, high government debt, weak social and physical infrastructure, and a fragile financial sector.

   
   
9. The Coir Board has signed a pact with which Institute to establish a centre of excellence for the application of Coir exclusively or in combination with other natural fibres?
   A)IIT Bombay
   B)IIT KANPUR
   C)IISC Bengaluru
   D)IIT Madras
   
   
   

   
   Option D
   Explanation: The Coir Board has signed a pact with the Indian Institute of Technology-Madras to establish a centre of excellence for the application of Coir exclusively or in combination with other natural fibres.

   
   
10. Which state government launched Pravasi Raahat Mitra’ app for migrant Workers?
    A)Assam
    B)Uttarakhand
    C)Madhya Pradesh
    D)Uttar Pradesh
    
    
    

    
    Option D
    Explanation: Uttar Pradesh Chief Minister Yogi Adityanath, launched the ‘Pravasi Rahat Mitra’ App that is aimed at aiding migrant citizens coming to Uttar Pradesh from other states so that they can take advantage of government schemes. the app will also help to monitor their health besides providing jobs and livelihood, related to their skills.

    
    
11. What is the theme of this year’s World Thalassaemia Day?
    A)Thalassaemia past, present and future
    B)The dawning of a new era for thalassaemia
    C)Get connected! Share knowledge and experience
    D)Access to Safe & Effective Drugs in Thalassaemia
    
    
    

    
    Option B
    Explanation: World Thalassaemia Day is observed on every 8th of May. This day tries to help thalassaemia patients lead a normal life despite the burden of the disease. This is a blood disorder in which the body has less hemoglobin than normal.World Thalassaemia Day theme 2020 is ‘’The dawning of a new era for thalassaemia: Time for a global effort to make novel therapies accessible and affordable to patients”.

    
    
12. What is the theme of this year’s World Migratory Bird Day 2020?
    A)Birds Connect Our World
    B)Protect Birds
    C)Unifying our voices for bird conservation
    D)conserve and protect birds
    
    
    

    
    Option A
    Explanation: World Migratory Bird Day observed on May 9 every year is celebrated to raise awareness about conservation and ecological importance of such birds in the global ecosystem.World Migratory Bird Day 2020 celebrated with the theme “Birds Connect Our World “

    
    
STATIC GK BASED ON CURRENT AFFAIRS
13. Where is the HQ of Asian Infrastructure Investment Bank (AIIB)?
    A)NewDelhi
    B)Manila
    C)Tokyo
    D)Beijing
    
    
    

    
    Option D
    

    
    
14. Where is the HQ of nabard?
    A)Kolkata
    B)Lucknow
    C)Mumbai
    D)Chennai
    
    
    

    
    Option C