Current Affairs Quiz – 03 May 2020
Current Affairs Quiz 03 May 2020: Based on the Current Affairs and Important News of 03 May 2020 we have framed important current affairs questions for banking and competitive exams. These current affairs quiz questions will be helpful for upcoming competitive exams. Give our online current affairs test every day to be prepared for all Current Affairs Quiz 03 May 2020. Attempt our daily current affairs quiz on our mobile app too.
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Question 1 of 12
1. Question
Jammu & Kashmir has recently received the GI Tag for Lachha, mongra, guchhi. These are the variety of which product?
Correct
- Kashmiri saffron, the pride of Jammu & Kashmir, has finally been granted Geographical Indication (GI) tag, thus symbolizing its exclusivity in the international market.
- These saffrons are cultivated and harvested in the Karewas (high lands) of Jammu & Kashmir, by the local farmers, and are known for its unique qualities, which can only be found in saffrons grown and produced in J&K.
Incorrect
- Kashmiri saffron, the pride of Jammu & Kashmir, has finally been granted Geographical Indication (GI) tag, thus symbolizing its exclusivity in the international market.
- These saffrons are cultivated and harvested in the Karewas (high lands) of Jammu & Kashmir, by the local farmers, and are known for its unique qualities, which can only be found in saffrons grown and produced in J&K.
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Question 2 of 12
2. Question
Name the app launched by the CSIR-Central Road Research Institute (CSIR-CRRI), New Delhi, for the farmers to help them connect to Supply Chain and Freight Transportation Management System amid COVID-19 crises
Correct
- The CSIR-Central Road Research Institute (CSIR-CRRI), New Delhi has developed a mobile app Kisan Sabha to connect farmers with supply chain and freight transportation management system, in the present situation of COVID 19.
- The app will enable the farmers in seed/ fertilizer procurement as well as their harvest reaching the market, among other things and thus facilitate the timely delivery of the produce at the best possible prices.
Incorrect
- The CSIR-Central Road Research Institute (CSIR-CRRI), New Delhi has developed a mobile app Kisan Sabha to connect farmers with supply chain and freight transportation management system, in the present situation of COVID 19.
- The app will enable the farmers in seed/ fertilizer procurement as well as their harvest reaching the market, among other things and thus facilitate the timely delivery of the produce at the best possible prices.
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Question 3 of 12
3. Question
A new national e-commerce marketplace named ‘bharatmarket’ is set to be launched soon to bring 95 percent of retail traders onboard the platform. The portal will be launched by which body?
Correct
- Confederation of All India Traders (CAIT) will soon launch a national e-commerce marketplace named ‘bharatmarket’ for all retail traders. The aim of the portal is to bring 95 percent of retail traders onboard the platform, who will be the shareholders. The portal will be run exclusively by the traders. The pilot of this project has been started in six cities — Prayagraj, Gorakhpur, Varanasi, Lucknow, Kanpur and Bengaluru.
Incorrect
- Confederation of All India Traders (CAIT) will soon launch a national e-commerce marketplace named ‘bharatmarket’ for all retail traders. The aim of the portal is to bring 95 percent of retail traders onboard the platform, who will be the shareholders. The portal will be run exclusively by the traders. The pilot of this project has been started in six cities — Prayagraj, Gorakhpur, Varanasi, Lucknow, Kanpur and Bengaluru.
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Question 4 of 12
4. Question
RBI has permitted the payment networks in India to allow tap-and-go functionality on card payments for any amount. However, the payment made above Rs ___________ will be subjected to PIN number for authenticity.
Correct
- The Reserve Bank of India has permitted the country’s payment networks — Visa, Mastercard and NPCI to allow tap-and-go functionality on card payments for all purchases at retail stores and shopping centers.
- Earlier this facility was available for card payment up to amount Rs 2000. Now tap-and-go functionality will be available even for purchases made above Rs 2000.
- However, the transactions with are about Rs 2,000 shall be authenticated by PIN.
Incorrect
- The Reserve Bank of India has permitted the country’s payment networks — Visa, Mastercard and NPCI to allow tap-and-go functionality on card payments for all purchases at retail stores and shopping centers.
- Earlier this facility was available for card payment up to amount Rs 2000. Now tap-and-go functionality will be available even for purchases made above Rs 2000.
- However, the transactions with are about Rs 2,000 shall be authenticated by PIN.
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Question 5 of 12
5. Question
The song titled #HumHaarNahiMaanenge has been launched by which bank to keep hopes up amidst the ongoing national lockdown and coronavirus pandemic?
Correct
- HDFC Bank has launched a song titled #HumHaarNahiMaanenge to keep up hopes up amidst the ongoing national lockdown and coronavirus pandemic. The lyrics of the song has been penned by Prasoon Joshi and music has been composed by AR Rahman. #HumHaarNahiMaanenge means We will not lose.
Incorrect
- HDFC Bank has launched a song titled #HumHaarNahiMaanenge to keep up hopes up amidst the ongoing national lockdown and coronavirus pandemic. The lyrics of the song has been penned by Prasoon Joshi and music has been composed by AR Rahman. #HumHaarNahiMaanenge means We will not lose.
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Question 6 of 12
6. Question
How much amount of financial aid has been announced by the World Bank for India to enhance and safeguard the coastal and marine resources of the country?
Correct
- The World Bank has approved USD 400 million multi-year financial support to India to enhance and safeguard the coastal and marine resources of the country.
- The financial aid will help to enhance the coastal resources by focusing on the rehabilitation of coastal beaches and mangroves; protect coastal populations from pollution, erosion, and sea-level rise; and improve livelihood opportunities for coastal communities..
Incorrect
- The World Bank has approved USD 400 million multi-year financial support to India to enhance and safeguard the coastal and marine resources of the country.
- The financial aid will help to enhance the coastal resources by focusing on the rehabilitation of coastal beaches and mangroves; protect coastal populations from pollution, erosion, and sea-level rise; and improve livelihood opportunities for coastal communities..
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Question 7 of 12
7. Question
Name the newly appointed chief risk officer of Yes Bank
Correct
- Neeraj Dhawan has been appointed as the chief risk officer of Yes Bank with immediate effect.
- He will replace Ashish Agarwal and serve at the position for 3 years.
Incorrect
- Neeraj Dhawan has been appointed as the chief risk officer of Yes Bank with immediate effect.
- He will replace Ashish Agarwal and serve at the position for 3 years.
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Question 8 of 12
8. Question
The e-book titled “Prof. B. B. Lal -India Rediscovered” has been prepared by which ministry as a tribute to the great Indian archaeologist Professor B. B. Lal?
Correct
- The Union Culture Minister Shri Prahlad Singh Patel released an e-book titled “Prof. B. B. Lal -India Rediscovered” on 2 May 2020 in New Delhi, on the occasion of centenary year of great archaeologist Professor B. B. Lal.
- The book has been prepared by Ministry of Culture in collaboration with Prof B B Lal Centenary Celebration Committee, as a tribute for his immense contribution to the field of archaeology.
Incorrect
- The Union Culture Minister Shri Prahlad Singh Patel released an e-book titled “Prof. B. B. Lal -India Rediscovered” on 2 May 2020 in New Delhi, on the occasion of centenary year of great archaeologist Professor B. B. Lal.
- The book has been prepared by Ministry of Culture in collaboration with Prof B B Lal Centenary Celebration Committee, as a tribute for his immense contribution to the field of archaeology.
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Question 9 of 12
9. Question
The International Spring Astronomy Day 2020 was scheduled to be observed on which day?
Correct
- The International Astronomy Day is celebrated twice a year. One in autumn season and another in spring season.
- The Spring Astronomy Day 2020 is being celebrated on May 2, 2020. It occurs on Saturday between mid-April and mid-May, such that the day falls at or close to the first quarter Moon.
Incorrect
- The International Astronomy Day is celebrated twice a year. One in autumn season and another in spring season.
- The Spring Astronomy Day 2020 is being celebrated on May 2, 2020. It occurs on Saturday between mid-April and mid-May, such that the day falls at or close to the first quarter Moon.
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Question 10 of 12
10. Question
World Tuna Day is an annual event that takes place on ________
Correct
World Tuna Day is observed on May 2 every year to raise awareness about the Tuna fish and its importance to humans and earth and also to promote more sustainable fishing practices. The United Nations (UN) officially recognised the World Tuna Day in 2017.
Incorrect
World Tuna Day is observed on May 2 every year to raise awareness about the Tuna fish and its importance to humans and earth and also to promote more sustainable fishing practices. The United Nations (UN) officially recognised the World Tuna Day in 2017.
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Question 11 of 12
11. Question
World Press Freedom Day is observed on which day globally every year?
Correct
- The World Press Freedom Day is observed on May 3 annually to raise awareness of the importance of freedom of the press and remind governments of their duty to respect and uphold the right to freedom of expression.
- The Day was proclaimed by the UN General Assembly in December 1993.
Incorrect
- The World Press Freedom Day is observed on May 3 annually to raise awareness of the importance of freedom of the press and remind governments of their duty to respect and uphold the right to freedom of expression.
- The Day was proclaimed by the UN General Assembly in December 1993.
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Question 12 of 12
12. Question
When is the International Dawn Chorus Day celebrated globally?
Correct
- The annual International Dawn Chorus Day is held on the first Sunday in May. The day is dedicated to listen to the sounds of birds, when birds sing at the start of a new day, at around 4:30.
- It is a magical reminder that the natural world lives its life all around us, every day, whether we listen or not.
- In 2020, this day is being celebrated on 03 May 2020. The day encourages people to rise early to listen bird songs.
Incorrect
- The annual International Dawn Chorus Day is held on the first Sunday in May. The day is dedicated to listen to the sounds of birds, when birds sing at the start of a new day, at around 4:30.
- It is a magical reminder that the natural world lives its life all around us, every day, whether we listen or not.
- In 2020, this day is being celebrated on 03 May 2020. The day encourages people to rise early to listen bird songs.