Who has been named the convenor of the committee formed by National Highways Authority of India (NHAI) to set up an InvIT to facilitate investment in the highways sector?
A) Sanjeev Ranjan
B) Mukesh Pahwa
C) Sukhbir Singh Sandhu
D) Ramesh Mehta
Option C
Explanation:
The NHAI is in the process of setting up an Infrastructure Investment Trust (InvIT) to facilitate investment in the highways sector. This will be the first InvIT to be sponsored by any government entity in the country
National Highways Authority of India (NHAI) Chairman Sukhbir Singh Sandhu is the convenor of the committee.
How much amount of proposal has been cleared by Defence Acquisition Council ( DAC) for Capital acquisitions of various platforms and equipment required by the Indian Armed Forces?
A) Rs 38900 Crore
B) Rs 39800 Crore
C) Rs 32500 Crore
D) Rs 35200 Crore
Option A
Explanation:
Defence Acquisition Council ( DAC) accorded approval for Capital acquisitions of various platforms and equipment required by the Indian Armed Forces. Proposals for an approximate cost of 38900 Crore rupees were approved.
Which state/UT govt. has launched mega tree plantation drive under the campaign ‘Paudhe lagao, Paryavaran Bachao’?
A) Madhya Pradesh
B) Arunachal Pradesh
C) Delhi
D) Kerala
Option C
Explanation:
The Delhi government launched mega tree plantation drive under the campaign ‘Paudhe lagao, Paryavaran Bachao’.
Which bank has joined the central banks and supervisors Network for Greening the Financial System (NGFS) as an observer?
A) New Development Bank
B) China Construction Bank
C) Asian Infrastructure Investment Bank
D) Asian Development Bank
Option D
Explanation:
The Asian Development Bank (ADB) has joined the central banks and supervisors Network for Greening the Financial System (NGFS) as an observer.
Which private sector bank has announced to offer ZipDrive Instant Auto Loans to customers across 1,000 cities across India?
A) Karur Vyasya Bank
B) IDFC First Bank
C) HDFC Bank
D) HDFC Bank
Option D
Explanation:
Largest private sector lender HDFC Bank announced its plans to offer ZipDrive Instant Auto Loans to customers across 1,000 cities across India.
Which of the following banks has signed the pact with Innoviti Payment Solutions to offer EMIs on it debit cards swiped on Innoviti POS Terminals?
A) Kotak Mahindra Bank
B) IndusInd Bank
C) Bandhan Bank
D) ICICI bank
Option A
Explanation:
Kotak Mahindra Bank and Innoviti Payment Solutions announced that they have collaborated to offer equated monthly instalments (EMI) billing options on Kotak debit cards swiped on Innoviti POS terminals.
Which of the following banks has launched ‘Insta Loans against Mutual Funds’ in partnership with ‘Computer Age Management Services’ (CAMS).
A) Axis Bank
B) ICICI Bank
C) IDBI Bank
D) DCB Bank
Option B
Explanation:
Private sector lender ICICI Bank has launched a facility that enables retail customers to get loan of up to Rs.1 crore instantly by pledging their holdings in both debt and equity schemes of mutual funds.
According to Care Ratings, what could be the India’s GDP growth forecast for the current financial year?
A) -6.4%
B) -8.3%
C) -4.5%
D) -7.0%
Option A
Explanation:
Care Ratings revised India’s GDP growth forecast for the current financial year to (-) 6.4 per cent as economic activity continues to be under restriction due to the lockdown on account of the COVID-19 pandemic. The rating agency, in May, had projected a decline in GDP growth of 1.5-1.6 per cent in FY21.
And now revised - decline in GDP growth of 6.4 per cent in FY21.
Who among the following has become first Indian to secure a podium place at the first edition of the Virtual Race Across America (vRAAM) 2020?
A) Lt Col Anil Duhoon
B) Lt Col Santosh Mahadik
C) Lt Col Bharat Pannu
D) Lt Col Ganesh Babu
Option C
Explanation:
Lt Col Bharat Pannu, a serving Indian Army Officer has created history by successfully securing a podium place at the first edition of the Virtual Race Across America (vRAAM) 2020.
Who is named as the new Prime Minister of France after Edouard Philippe resigned?
A) Manuel Valls
B) Jean Castex
C) Pierre Laval
D) Bernard Cazeneuve
Option B
Explanation:
French President Emmanuel Macron has named Jean Castex, who coordinated France’s reopening strategy after the coronavirus lockdown, as the country’s new prime minister.
In July 2020, National Highways Authority of India (NHAI) chairman was given six months extension. Name him/her.
A) Ajay Tyagi
B) Arvind Saxena
C) Arvind Panagariya
D) Sukhbir Singh Sandhu
Option D
Explanation:
Senior bureaucrat Sukhbir Singh Sandhu was given six months extension, till mid January next year, as the chairman of National Highways Authority of India, a Personnel Ministry order said.
For which of her stories was Indian author Kritika Pandey was declared the overall winner of the 2020 Commonwealth Short Story Prize?
A) Memories in a Water Cooler
B) Dirty White Strings
C) The Great Indian Tee and Snakes
D) The Goddess Who Wants Out
Option C
Explanation:
Indian author Kritika Pandey was declared the overall winner of the 2020 Commonwealth Short Story Prize, for her story The Great Indian Tee and Snakes.
The Commonwealth Short Story Prize is administered by the Commonwealth Foundation, through its cultural initiative Commonwealth Writers. The prize is awarded for the best piece of unpublished short fiction. Regional winners receive £2,500 and the overall winner receives £5,000
Playwright Ratnakar Matkari will be posthumously honoured with the Natvarya Prabhakar Panshikar award for lifetime contribution to theatre by which state government?
A) Kerala
B) Gujarat
C) Rajasthan
D) Maharashtra
Option D
Explanation:
Marathi writer and playwright Ratnakar Matkari will be posthumously honoured with the Natvarya Prabhakar Panshikar award for lifetime contribution to theatre by the Maharashtra government.
Which of the following IITs has developed an innovative virtual classroom aid titled ‘Mobile Masterjee’?
A) IIT Kanpur
B) IIT Delhi
C) IIT Rohtak
D) IIT Madras
Option A
Explanation:
In the backdrop of the disruption in normal classroom teaching owing to Covid-19 lockdown, the Indian Institute of Technology (IIT), Kanpur has developed an innovative virtual classroom aid titled ‘Mobile Masterjee’.
Which of the following Bollywood Choreographers passed away recently in July?
A) Saroj Khan
B) Farah Khan
C) Ganesh Acharya
D) Shiamak Davar
Option A
Explanation:
Bollywood choreographer Saroj Khan passed away in Mumbai following a cardiac arrest. She was 71.
STATIC GK BASED ON CURRENT AFFAIRS
Where is the headquarters of Innoviti Payment Solutions Pvt. Ltd. situated?
A) Bengaluru
B) Chennai
C) Hyderabad
D) Pune
Option A
Where is the headquarters of Care Ratings situated?
A) Mumbai
B) Jaipur
C) Delhi
D) Gurugram
Option A
The Secretariat of Network for Greening the Financial System (NGFS) is permanently provided by the central bank of which country?
A) USA
B) China
C) France
D) Australia
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