Current Affairs Quiz: May 23, 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
   
   
   

   
   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
   
   
   

   
   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
   
   
   

   
   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
   
   
   

   
   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
   
   
   

   
   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
   
   
   

   
   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
   
   
   

   
   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
   
   
   

   
   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
   
   
   

   
   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%
    
    
    

    
    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
    
    
    

    
    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
    
    
    

    
    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
    
    
    

    
    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
    
    
    

    
    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
    
    
    

    
    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
    
    
    

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

    
    Option B
    

    
    
18. Where is the HQ of EXIM Bank?
    A)Kolkata
    B)Mumbai
    C)NewDelhi
    D)Chennai
    
    
    

    
    Option B
    

    
    
19. What is the capital of Lesotho?
    A)Malabo
    B)Niamey
    C)Mapito
    D)Maseru
    
    
    

    
    Option D