Current Affairs Quiz 01 April 2020: Based on the Current Affairs and Important News of 01 April 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 01 April 2020. Attempt our daily current affairs quiz on our mobile app too.
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- What is the estimated GDP growth for India in the year 2020 as predicted by Nomura?
A) 2.1%
B) 4.6%
C) -0.5
D) 1.1%
View answer
Option C
Explanation: Nomura has predicted India’s GDP growth rate for the year 2020 at -0.5%. The earlier prediction was 4.5%.
- RBI has raised the investment limit by the foreign portfolio investors’ (FPI) in corporate bonds from FY 2020-21. What is the new limit?
A) 9 percent
B) 15 percent
C) 12 percent
D) 18 percent
View answer
Option B
Explanation: The Reserve Bank of India (RBI) has hiked the limit for foreign portfolio investors’ (FPI) investment in corporate bonds from 9 percent to 15 percent of outstanding stock for FY2020-21. Currently, the FPIs can invest Rs 3.17 lakh crore in Indian corporate bonds. With the enhanced limit, they can hold Rs 4.29 lakh crore of corporate bonds for the half year ended September 2020, and Rs 5.41 lakh crore for the half year ending March 2021.
- When is the International Transgender Day of Visibility (TDOV) observed?
A) March 31
B) March 30
C) March 28
D) March 29
View answer
Option A
Explanation: The International Transgender Day of Visibility (TDOV) occurs annually on March 31 to raise awareness of discrimination faced by transgender people worldwide, as well as a celebrate their contributions to society.
- Government has extended the foreign trade policy (2015-20) due to coronavirus outbreak and lockdown situation. The FTP is now valid upto a period of________
A) 31 December 2021
B) 31 March 2022
C) 31 December 2020
D) 31 March 2021
View answer
Option D
Explanation: The government has extended the existing foreign trade policy (2015-20) for one year till March 2021.The foreign trade policy 2015-20 was earlier valid up to March 31, 2020.
- Who is the Secretary General of NATO?
A) Trond Giske
B) Karin Stoltenberg
C) Jonas Gahr Støre
D) Jens Stoltenberg
View answer
Option D
Explanation: The NATO Secretary General Jens Stoltenberg has announced the appointment of a group of experts on 31 March 2020 to support his work in a reflection process to further strengthen NATO’s political dimension. The group of five men and five women will be co-chaired by former German defence minister Thomas de Maziere and Washington’s former top diplomat for Europe, Wess Mitchell and will report to the Secretary General.
- Which among these companies is the most valued firm by market capitalisation as per the data on 31 March 2020?
A) State Bank of India
B) Reliance Industries Limited (RIL)
C) Tata Consultancy Services’ (TCS)
D) Indian Oil Corporation
View answer
Option B
Explanation: Mukesh Ambani owned Reliance Industries Limited (RIL) surpassed Tata Consultancy Services’ (TCS) to once again become the most valued firm by market capitalisation on 31 March 2020. The market capitalisation (m-cap) of RIL was Rs 7,05,211.81 crore, which was Rs 21,133.32 crore more than that of Tata Consultancy Services’ Rs 6,84,078.49 crore valuation on the BSE.
- The World Backup Day is observed annually on___________
A) March 28
B) March 29
C) March 30
D) March 31
View answer
Option D
Explanation: World Backup Day March 31
- Adjaristsqali Georgia LLC (AGL) is a Joint Venture of which Indian Company to begin the commercial operations of its 178 MW Shuakhevi Hydro Power Project (HPP) in Georgia?
A) Jindal Steel and Power
B) Adani Power
C) Tata Power
D) Reliance Power
View answer
Option C
Explanation: Adjaristsqali Georgia LLC (AGL), a Joint Venture between Tata Power, Norway’s Clean Energy Invest (CEI), and International Financial Corporation (IFC) started its commercial operation of the 178 MW Shuakhevi Hydro Power Project (HPP) on 30 March 2020 in southwest Georgia. The Shuakhevi HPP is the only project in Georgia’s energy sector which has been funded by three of the largest financial institutes comprising of European Bank of Reconstruction and Development (EBRD), Asian Development Bank (ADB) and IFC, a member of the World Bank Group.
- The International Drug Checking Day is held every year on which day?
A) March 31
B) March 30
C) March 29
D) March 28
View answer
Option A
Explanation: International Drug Checking Day: March 31
- RBI has introduced a new route called ‘FAR’ for the foreign investors to invest in specified Government of India dated securities. What does FAR stands for?
A) Fully Accessible Route
B) Fully Acceptable Route
C) Fully Acclaimed Route
D) Fully Accountable Route
View answer
Option A
Explanation: The Reserve Bank has introduced a separate channel, called the ‘Fully Accessible Route’ (FAR), for non-residents to invest in specified Government of India dated securities. Eligible investors can invest in specified Government securities without being subject to any investment ceilings. All new issuance of government securities of 5-year, 10-year and 30-year tenors from the financial year 2020-21, will be eligible for investment under the FAR as ‘specified securities’. This scheme shall operate along with the two existing routes, the Medium Term Framework (MTF) and the Voluntary Retention Route (VRR).
- Which among the following states has launched the app PRAGYAAM to issue e-passes to those associated with delivery of essential services amid lockdown due to COVID-19
A) Jharkhand
B) Uttar Pradesh
C) Gujarat
D) Karnataka
View answer
Option A
Explanation: The Jharkhand Government has launched a mobile app named PRAGYAAM to issue e-passes to those associated with delivery of essential services such as regular supply services, medical, banking and other necessary services, during the national lockdown to combat COVID-19.
- The 2021 world athletics championships has been shifted to 2022. It will be held in which country?
A) Japan
B) United States
C) Canada
D) Argentina
View answer
Option B
Explanation:The World Athletics has informed that the 2021 world athletics championships in Eugene, Oregon, United States, is now being shifted to 2022 to accommodate the re-arranged Tokyo Olympics. The world athletics championships was earlier scheduled to take place in Eugene on August 6-15, 2021. It will now take place in August 2022.
- Paravai Muniyamma who passed away recently was a renowned actor of which film industry?
A) Kannada
B) Malayalam
C) Marathi
D) Tamil
View answer
Option D
Explanation: Noted Tamil folk singer and actress Paravai Muniyamma, passed away suffering from age-related ailments. She was 83.
- The 178 MW Shuakhevi Hydro Power Project (HPP) has been set up in which country?
A) Azerbaijan
B) Jordan
C) Georgia
D) Thailand
View answer
Option C
Explanation: The Shuakhevi HPP is the only project in Georgia’s energy sector which has been funded by three of the largest financial institutes comprising of European Bank of Reconstruction and Development (EBRD), Asian Development Bank (ADB) and IFC, a member of the World Bank Group. It is also the largest energy project built in Georgia in the last seven decades. The overall cost of the project is approximated at USD 500 million.
- Which among these is the most recent country to become the member of NATO?
A) Denmark
B) North Macedonia
C) Greece
D) Iceland
View answer
Option B
Explanation: North Macedonia is the most recent member state to be added to NATO on 27 March 2020.
