According to the International Monetary Fund, India is at which position in case of foreign exchange reserves?
A) 4th
B) 5th
C) 1st
D) 7th
Option B
Explanation:
India has accumulated the world’s fifth-largest foreign exchange reserves after China, Japan, Switzerland and Russia, according to the International Monetary Fund.
Which Union Territory govt. launched an initiative called M.O.D.I. to steer the UT on a sustainable path?
A) Ladakh
B) Chandigarh
C) Delhi
D) Puducherry
Option A
Explanation:
Ladakh Lieutenant Governor RK Mathur has e-launched Mission Organic Development Initiative (M.O.D.I) and a Greenhouse Project to steer the Union Territory on a sustainable path.
In July 2020, Reliance Industries Limited has become the first company in the country to cross how much M-cap Mark?
A) Rs 15 Lakh
B) Rs 10 Lakh
C) Rs 18 Lakh
D) Rs 12 Lakh
Option D
Explanation:
RIL added another feather to its cap as its market valuation crossed Rs 12 lakh crore mark, a first by any domestic company.
The company's market valuation rose by Rs 40,508.8 crore to Rs 11,73,677.35 crore at close of trade on the BSE.
To Support Start-ups and Farmer Groups, Govt. has set up an Agri-Infra Fund of how much amount?
A) Rs 4 Lakh Cr
B) Rs 1 Lakh Cr
C) Rs 3 Lakh Cr
D) Rs 2 Lakh Cr
Option B
Explanation:
The government approved setting up an agriculture infrastructure fund with a corpus of Rs 1 lakh crore to provide financial support to entrepreneurs, start-ups, agri-tech players and farmer groups for infrastructure and logistics facilities.
In which of the following General Insurance Companies has the govt. decided to infuse Rs 12,450 Crore halting their merger?
A) National Insurance, New India Assurance and Oriental Insurance
B) Oriental Insurance, Liberty General Insurance and United India Insurance
C) National Insurance, Oriental Insurance and United India Insurance
D) United India Insurance, National Insurance and Liberty General Insurance
Option C
Explanation:
The Union Cabinet decided to halt the merger process of three state-owned general insurance companies, National Insurance, Oriental Insurance and United India Insurance, for the moment and approved fund infusion of Rs 12,450 crore to improve their financial health.
The cabinet headed by Prime Minister Narendra Modi also decided to increase the authorised share capital of National Insurance Company Limited (NICL) to Rs 7,500 crore and that of United India Insurance Company Limited (UIICL) and Oriental Insurance Company Limited (OICL) to Rs 5,000 crore each to give effect to the capital infusion decision.
TV actor Susheel Gowda passed away recently. He acted in which language TV programmes?
A) Telugu
B) Hindi
C) Bengali
D) Kannada
Option D
Explanation:
In a tragic piece of news, actor Susheel Gowda died by suicide at his hometown in Mandya in Karnataka. He was 30 years old.
Syed Ishtiaq Ahmed Jaffrey (Jagdeep) from Bollywood passed away in July 2020. He was a veteran bollywood ________.
A) Actor
B) Director
C) Producer
D) Choreographer
Option A
Explanation:
Veteran Bollywood actor and comedian Jagdeep passed away die to age related issues. He was 81. His original name was Syed Ishtiaq Ahmed Jaffrey. He was the father of popular comedian Javed Jaffrey.
Which bank partnered with Bajaj Allianz Life to offer life insurance solutions to the bank's customers?
A) Federal Bank
B) Lakshmi Vilas BANK
C) Bandhan Bank
D) Karur Vysya Bank (KVB)
Option D
Explanation:
Karur Vysya Bank (KVB) entered into a corporate agency partnership with Bajaj Allianz Life, one of India's leading life insurance companies, to offer life insurance solutions to the bank's customers.
The United State has decided to withdraw itself from which of the following Organizations?
A) International Monetary Fund
B) World Health Organization
C) United Nations Conference on Trade and Development
D) United Nations Disarmament Commission
Option B
Explanation:
The United States has formalized its intent to withdraw from the World Health Organization (WHO).
President Donald Trump first said he would withdraw the U.S. in May if certain conditions were not met within 30 days
Which 2 countries have become the first in the South East Asian Region to eliminate measles and rubella ahead of 2023 deadline?
A) Maldives and Sri Lanka
B) Serbia and Finland
C) Male and Norway
D) Canada and Portugal
Option A
Explanation:
The Maldives and Sri Lanka have become the first two countries in the region to have eliminated both measles and rubella ahead of the 2023 deadline, said the World Health Organisation’s (WHO) South East Asian Region (SEAR) office.
Maldives reported its last endemic case of measles in 2009 and rubella in 2015. Meanwhile, the island nation of Sri Lanka reported its last endemic case of measles in May 2016 and rubella in March 2017.
Which state has become the first in the country to provide 100 per cent households with the LPG connections?
A) Madhya Pradesh
B) West Bengal
C) Karnataka
D) Himachal Pradesh
Option D
Explanation:
Himachal Pradesh has become the first state in the country where 100 per cent households have LPG connections announced by Chief Minister Jai Ram Thakur.
The state government had launched ''Himachal Grihini Suvidha Yojana'' to cover the left out families in the state, who were not covered under the Centre''s scheme -- ''Pradhan Mantri Ujjawala Yojana''.
Film and Tv actor Earl Cameron of which country passed away in July 2020?
A) Australia
B) New Zealand
C) United Kingdom
D) Brazil
Option C
Explanation:
Earl Cameron, who was among the first Black actors to break into significant roles in British film, died at age 102.
Karur Vysya Bank has partnered with which insurance company to offer a wide range of health insurance options to its customers?
A) Max Bupa Health Insurance
B) Star Health & Allied Insurance
C) Liberty General Insurance
D) Raheja QBE General Insurance
Option B
Explanation:
The tie-up with Star Health would help the bank provide cost effective insurance products and quick settlement of claims to its customers.
A new building of Indian Agricultural Research Institute (IARI) situated where has been named after Bharatiya Jan Sangh founder Late Dr. Shyama Prasad Mukherjee?
A) Jharkhand
B) Bihar
C) Haryana
D) Madhya Pradesh
Option A
Explanation:
The Indian Agricultural Research Institute (IARI), Jharkhand new administrative and the academic building have been named after Bharatiya Jan Sangh founder Late Dr. Shyama Prasad Mukherjee on his 119th birth anniversary.
Which payments bank has launched 'Bhavishya' savings account scheme for minors aged between 10-18 years?
A) NSDL Payments Bank
B) Paytm Payments Bank
C) Airtel Payments Bank
D) Fino Payments Bank
Option D
Explanation:
Fino Payments Bank Limited announced the launch of a savings account scheme for minors aged between 10-18 years. 'Bhavishya', a subscription-based savings account, can be opened by paying a nominal amount.
Who has been selected as the member of Central Government's Expert Committee on Science, Technology and Innovation Policy (STIP)?
A) Nicholas Bean Pedru
B) Ronit Sharma
C) Sijo Kuruvilla George
D) Mani Kumar
Option C
Explanation:
The founding CEO of Startup Village and founder of Re-think Foundation, Sijo Kuruvilla George, has been selected as member of Central Government's Expert Committee on Science and Technology Policy.
It was the Department of Science and Technology and Principal Scientific Advisor of the Union government that formulated the Science, Technology and Innovation Policy 2020 (STIP 2020).
Who has been appointed as the first Indian to be the Group CEO of UK India Business Council (UKIBC)?
A) Rakesh Mishra
B) Jayant Krishna
C) Kuldeep Thakur
D) Sanjay Gandhi
Option B
Explanation:
The UK India Business Council said Jayant Krishna will take over as its new Group Chief Executive Officer from August 3.
He will be the first Indian CEO of UKIBC and the first CEO of the Council to be based in India
Which state has launched a mobile application called 'Self Scan' to scan documents?
A) Jharkhand
B) Gujarat
C) Maharashtra
D) West Bengal
Option D
Explanation:
West Bengal Chief Minister Mamata Banerjee launched a mobile application 'Self Scan', developed by the state's information technology department, to scan documents and said it reflects patriotism. It is an alternative to CamScanner.
Whose term has been extended by 3 months as the acting chairperson of the National Company Law Appellate Tribunal (NCLAT)?
A) Justice Arun Mishra
B) Justice Bansi Lal Bhat
C) Justice Rajiv Sharma
D) Justice Surya Kant
Option B
Explanation:
The ministry of corporate affairs (MCA) extended the term of Justice Bansi Lal Bhat as acting chairperson of the National Company Law Appellate Tribunal (NCLAT) by three months.
National Skill Development Corporation (NSDC) has joined hands with which company to provide digital skills to over 1 lakh youth in the country?
A) Google
B) Oracle
C) Microsoft
D) Capgemini
Option C
Explanation:
The National Skill Development Corporation (NSDC) and Microsoft announced a strategic partnership aimed at providing digital skills to over 1 lakh youth in the country over the next one year.
Which country has launched 'Digital Haat' for online sale and purchase of sacrificial animals?
A) Bangladesh
B) Maldives
C) Singapore
D) Thailand
Option A
Explanation:
The government of Bangladesh has launched a ‘Digital Haat’ for online sale and purchase of sacrificial animals ahead of the festival of Eid-Ul-Azha.
4th edition of Ministerial on Climate Action held virtually was co-chaired by European Union, China and ?
A) Sweden
B) Australia
C) France
D) Canada
Option D
Explanation:
The fourth edition of the Ministerial on Climate Action (MoCA) was held, virtually for the first time, due to the ongoing pandemic. Union Environment Minister, Shri Prakash Javadekar, represented India in the meeting. The meeting was co-chaired by European Union, China and Canada.
STATIC GK BASED ON CURRENT AFFAIRS
Where is the HQ of Fino Payments Bank located?
A) Hyderabad
B) Bengaluru
C) Mumbai
D) Chennai
Option C
Where is the HQ of Star Health & Allied Insurance situated?
A) Hyderabad
B) Bengaluru
C) Mumbai
D) Chennai
Option D
Where is HQ of Karur Vysya Bank located?
A) Tamil Nadu
B) Karnataka
C) Kerala
D) Telangana
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