According to a report released by EY-IVCA Trend Book 2021, the e-commerce sector in India is expected to reach $99 billion by which year?
A) 2026
B) 2024
C) 2023
D) 2025
Option B
Explanation:
The e-commerce sector in India is predicted to grow at a 27% CAGR over 2019-24 and is expected to reach $99 billion by 2024, according to a report released by EY-IVCA Trend Book 2021.
The Indian Style Wrestling Association of India (ISWAI) has been recognized as a National Sports Federation (NSF) by the Sports Ministry. Where is the HQ of ISWAI situated?
A) Lucknow
B) Delhi
C) Chennai
D) Mumbai
Option D
Explanation:
The Indian Style Wrestling Association of India (ISWAI) has been recognized as a National Sports Federation (NSF) by the Sports Ministry, making it eligible to receive funding and support from the government.
Which sports federation joined hands with United Nations to tackle menace of match-fixing?
A) International Tennis Federation
B) International Olympic Committee
C) FIFA
D) International Cricket Council
Option C
Explanation:
FIFA announced its collaboration with the United Nations on Office on Drugs and Crime (UNODC) to launch the Global Integrity Programme -- a comprehensive international programme aimed at providing all 211 member associations with enhanced knowledge and tools to fight and prevent match manipulation.
Which state government has announced the universal health coverage scheme called CM Chiranjeevi Yojna to be operational from May 1 2021?
A) Himachal Pradesh
B) Bihar
C) Rajasthan
D) Madhya Pradesh
Option C
Explanation:
Rajasthan chief minister Ashok Gehlot has named the newly announced universal health coverage scheme CM Chiranjeevi Yojna. This scheme will cover annual medical insurance of up to ₹5 lakh for every family in the state beginning May 1.
Aquaconnect has partnered withwhich of the following for an insurance program for 1.5 lakh shrimp farmers across India?
A) Alliance Insurance Brokers
B) Emedlife Insurance Brokers
C) Prudent Insurance Brokers
D) Global Insurance Brokers
Option A
Explanation:
Aquaconnect has partnered with Alliance Insurance Brokers, for an insurance program for 1.5 lakh shrimp farmers across India.
Which country topped the Kearney FDI Confidence Index 2021 out of 25 countries listed?
A) USA
B) China
C) UAE
D) Brazil
Option A
Explanation:
India continued to stay out of the Kearney FDI Confidence Index for the second year in a row, a report by the global consultancy firm showed with only three developing economies- China, the UAE, and Brazil-making it in the top 25.
The US retained its top position for investment attractiveness and was followed by Canada, Germany, the UK and Japan.
India ranked at which position in the International Intellectual Property (IP) Index 2020 released by the US Chamber of Commerce Global Innovation Policy Centre (GIPC)?
A) 42nd
B) 34th
C) 36th
D) 40th
Option D
Explanation:
India ranked 40th in 2020, scoring 38.4 out of 100 on a set of 50 among 53 global economies on the latest annual edition of the International Intellectual Property (IP) Index released by the US Chamber of Commerce Global Innovation Policy Centre (GIPC). This is the ninth IP index released by the GIPC.
With Finance Ministry reintroducing the clause within the Earnings tax act, what is the preferential withholding tax relevant to overseas portfolio buyers (FPIs)?
A) 7%
B) 5%
C) 6%
D) 4%
Option B
Explanation:
The Finance Ministry has reintroduced the clause within the Earnings tax act that offered for preferential 5% withholding tax relevant to overseas portfolio buyers (FPIs).
The government has collected how much amount as dividend from Central Public Sector Enterprises (CPSEs) so far (March 2021) in the current fiscal?
A) Rs 30,652 crore
B) Rs 30,762 crore
C) Rs 30,369 crore
D) Rs 30,092 crore
Option C
Explanation:
The government has collected Rs 30,369 crore as dividend from Central Public Sector Enterprises (CPSEs) so far in the current fiscal.
The limit for tax exemption on interest earned on provident fund contribution by employees is raised to how much amount from present Rs 2.5 lakh?
A) Rs 5.0 lakh
B) Rs 4.0 lakh
C) Rs 6.5 lakh
D) Rs 4.5 lakh
Option A
Explanation:
Finance Minister Nirmala Sitharaman raised the limit for tax exemption on interest earned on provident fund contribution by employees to Rs 5 lakh per annum in specified cases as against Rs 2.5 lakh proposed in the Budget.
Hindi writer Prof. Sharad Pagare will be conferred with the prestigious Vyas Samman - 2020 for his which novel?
A) Patliputru Ki Samragi
B) Kagaz ki Nav
C) Jitne Log Utne Prem
D) Dukkham Sukkham
Option A
Explanation:
Well known Hindi writer Prof. Sharad Pagare will be conferred with the prestigious Vyas Samman - 2020 for his novel 'Patliputru Ki Samragi.'
Which state/UT has become the third in the country to achieve 100 percent Functional Household Tap Connection (FHTC) coverage?
A) Puducherry
B) Andaman and Nicobar Islands
C) Andhra Pradesh
D) Gujarat
Option B
Explanation:
Andaman and Nicobar Islands Lt. Governor Admiral D K Joshi declared that the UT achieved 100 percent Functional Household Tap Connection (FHTC) coverage in Islands. With this, the Andaman and Nicobar Islands becomes the third state/UT in the country to achieve the target after Goa and Telangana under Jal Jeevan Mission.
Where was the Indian Coast Guard Ship ‘Vajra’, sixth in the series of seven Offshore Patrol Vessel, commissioned?
A) Panaji
B) Kolkata
C) Chennai
D) Kochi
Option C
Explanation:
Indian Coast Guard Ship ‘Vajra’ was commissioned by General Bipin Rawat, Chief of Defence Staff at Kattupalli in Chennai. This is the sixth in the series of seven Offshore Patrol Vessel constructed by M/s Larsen & Toubro Ltd
Which state has decided to set up "India's first government-run ambulance network" for animals?
A) Gujarat
B) Tamil Nadu
C) Madhya Pradesh
D) Andhra Pradesh
Option D
Explanation:
To further boost the animal husbandry and veterinary sector in Andhra Pradesh, the state government has now decided to set up "India's first government-run ambulance network" for animals.
Which country has agreed for greater cooperation in patent verification with India?
A) South Korea
B) Japan
C) USA
D) Australia
Option B
Explanation:
India and Japan have agreed to recognize each other’s offices to act mutually as competent International Searching and International Preliminary Examining Authority (ISA/IPEA) for any international patent application filed with them.
A task force constituted by Niti Aayog which will recommend a policy framework for the enforcement of contracts will be headed by whom?
A) Amitabh Kant
B) Arvind Panagariya
C) Bibek Debroy
D) Rajiv Kumar
Option D
Explanation:
Government think tank Niti Aayog said it has constituted two task forces that will recommend a policy framework for the enforcement of contracts as well as effective conciliation mechanism.
One task force, which will suggest facilitation of speedy resolution of contractual disputes between private entities and the government, will be headed by Niti Aayog CEO Amitabh Kant.
The second task force, which will recommend a policy framework for the enforcement of contracts, will be led by Niti Aayog Vice Chairman Rajiv Kumar and will have members from key ministries and departments.
Jal Shakti Ministry entered a partnership with the United Nations Office for Project Services and the government of Denmark to help bring tap water connections to 11 water-scarce districts on which state?
A) Rajasthan
B) Tamil Nadu
C) Uttar Pradesh
D) Karnataka
Option C
Explanation:
The Jal Shakti Ministry entered a partnership with the United Nations Office for Project Services and the government of Denmark to help bring tap water connections to 11 water-scarce districts in Uttar Pradesh’s water-starved Bundelkhand and Vindhya regions under the Jal Jeevan mission.
Which of the following has launched a catastrophe bond for volcano-related disasters with the support of several financial firms?
A) Turkish Red Crescent
B) Danish Red Cross
C) American Red Cross
D) Austrian Red Crescent
Option B
Explanation:
The Danish Red Cross has launched a catastrophe bond for volcano-related disasters with the support of several financial firms.
‘Girl Gang’, announced as official song of ICC Women World Cup 2022 is sung by whom?
A) Gin Wigmore
B) Jason Aalon
C) Brooke Fraser
D) Hollie Smith
Option A
Explanation:
As the countdown for the ICC Women World Cup 2022 begins, the ICC has released an official song ‘Girl Gang’ by Gin Wigmore (New Zealand singer-songwriter) for the tournament.
The government has exited Tata Communications Ltd. by selling about what percent stake in the company as part of the disinvestment plan?
A) 40%
B) 34%
C) 45%
D) 26%
Option D
Explanation:
The government has exited Tata Communications Ltd. by selling about 26% stake in the company for about Rs 8,846 crore as part of the disinvestment plan.
ITC Limited has entered into partnership with state government to execute a Watershed Development Programme covering over 1 million acres and 100 watersheds across the state?
A) Kerala
B) Karnataka
C) Goa
D) Telangana
Option B
Explanation:
Diversified conglomerate, ITC Limited has entered into a partnership with the Government of Karnataka to execute a Watershed Development Programme covering over 1 million acres and 100 watersheds across the State.
Government formed how many committees to drive transition from Linear to Circular Economy?
A) 11
B) 12
C) 13
D) 14
Option A
Explanation:
The key to an aatmanirbhar Bharat is sustainable growth. The need of the hour is a development model that leads to the optimum utilization of resources. With a growing population, rapid urbanization, climate change and environmental pollution, India must move towards a circular economy.
The Government of India has set up 11 committees which will be led by the concerned line ministries apart from officials from Ministry of Environment, Forest and Climate Change and Think Tank NITI Aayog.
STATIC GK BASED ON CURRENT AFFAIRS
Where is the HQ of United Nations Office on Drugs and Crime situated?
A) Prague, Czech Republic
B) Bratislava, Slovakia
C) Vienna, Austria
D) Budapest, Hungary
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