Current Affairs Quiz – 01 May 2020
Current Affairs Quiz 01 May 2020: Based on the Current Affairs and Important News of 01 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 01 May 2020. Attempt our daily current affairs quiz on our mobile app too.
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Question 1 of 12
1. Question
The Ministry of MSME has launched a portal on ‘MSME Bank of Schemes, Ideas, Innovation and Research’, to give access to all the schemes related to MSME at national and state level. The portal can be accessed at ___________
Correct
Union Minister of Road Transport & Highways and MSME Shri Nitin Gadkari has launched a portal on “MSME Bank of Schemes, Ideas, Innovation and Research”. The Portal gives access to all Schemes of Union, State and UT Governments related to MSME. The portal also provides for uploading Ideas, Innovations & Researches in the MSME sector. The URL of the portal is http://ideas.msme.gov.in/.
Incorrect
Union Minister of Road Transport & Highways and MSME Shri Nitin Gadkari has launched a portal on “MSME Bank of Schemes, Ideas, Innovation and Research”. The Portal gives access to all Schemes of Union, State and UT Governments related to MSME. The portal also provides for uploading Ideas, Innovations & Researches in the MSME sector. The URL of the portal is http://ideas.msme.gov.in/.
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Question 2 of 12
2. Question
The unique ‘Jeevan Amrit Yojana’ scheme, has been launched by which state to provide Trikut Churna kadha free of cost to the citizens to boost their immunity in the fight against COVID-19?
Correct
The Chief Minister of Madhya Pradesh Shri Shivraj Singh Chouhan has launched a unique scheme named ‘Jeevan Amrit Yojana’, to help in boosting immunity system of citizens of the state in order to fight the deadly coronavirus. Under this scheme, the State Government will distribute packet of special Trikut Churna-kadha free of cost to the citizens, consisting of peepal, ginger and black pepper.
Incorrect
The Chief Minister of Madhya Pradesh Shri Shivraj Singh Chouhan has launched a unique scheme named ‘Jeevan Amrit Yojana’, to help in boosting immunity system of citizens of the state in order to fight the deadly coronavirus. Under this scheme, the State Government will distribute packet of special Trikut Churna-kadha free of cost to the citizens, consisting of peepal, ginger and black pepper.
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Question 3 of 12
3. Question
Which state of India has topped among all other states in providing employment to unskilled labourers under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) as per the recent data by the government?
Correct
Chhattisgarh has topped the list of states in providing employment to unskilled labourers under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). The data was released by the Union Rural Development Ministry. Chhattisgarh has provided employment to 18.51 lakh workers under MGNREGS. Rajasthan is on second while Uttar Pradesh is on the third.
Incorrect
Chhattisgarh has topped the list of states in providing employment to unskilled labourers under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). The data was released by the Union Rural Development Ministry. Chhattisgarh has provided employment to 18.51 lakh workers under MGNREGS. Rajasthan is on second while Uttar Pradesh is on the third.
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Question 4 of 12
4. Question
What is the rank of India in budget transparency and accountability according to Open Budget Survey conducted by International Budget Partnership (IBP) for the year 2019?
Correct
India has been ranked at 53rd position out of 117 nations in terms of budget transparency and accountability as per a Open Budget Survey conducted by International Budget Partnership (IBP). India’s Union Budget process has a transparency score of 49 out of 100. This is higher than the global average of 45.
Incorrect
India has been ranked at 53rd position out of 117 nations in terms of budget transparency and accountability as per a Open Budget Survey conducted by International Budget Partnership (IBP). India’s Union Budget process has a transparency score of 49 out of 100. This is higher than the global average of 45.
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Question 5 of 12
5. Question
Which country has topped in terms of budget transparency and accountability according to Open Budget Survey conducted by International Budget Partnership (IBP) for the year 2019?
Correct
New Zealand has topped the chart. It has a score of 87 out of 100.
Incorrect
New Zealand has topped the chart. It has a score of 87 out of 100.
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Question 6 of 12
6. Question
Name the MSME loan scheme launched by the Karnataka Vikas Grameen Bank (KVGB) to provide them financial help amid coronavirus crises
Correct
- The Karnataka Vikas Grameen Bank (KVGB), a regional rural bank headquartered in Dharwad, has launched a loan scheme for existing micro, small and medium enterprise (MSME) borrowers, whose business activities are disrupted on account of the Covid-19 pandemic.
- The ‘Vikas Abhaya’ loan scheme is an additional credit facility to the eligible existing MSME borrowers who have been regular as on February 29.
Incorrect
- The Karnataka Vikas Grameen Bank (KVGB), a regional rural bank headquartered in Dharwad, has launched a loan scheme for existing micro, small and medium enterprise (MSME) borrowers, whose business activities are disrupted on account of the Covid-19 pandemic.
- The ‘Vikas Abhaya’ loan scheme is an additional credit facility to the eligible existing MSME borrowers who have been regular as on February 29.
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Question 7 of 12
7. Question
What is the total amount announced by the US Agency for International Development (USAID) till date to India to combat the coronavirus pandemic?
Correct
On April 30, 2020, the US Agency for International Development (USAID) has announced an additional grant of $3 million to India to combat the coronavirus pandemic. The US agency has earlier announced a grant of $2.9 million to India on 6 April 2020 to mitigate the spread of the deadly virus. With this, the total amount granted by USAID has reached $5.9 million to assist India in responding to the COVID-19 outbreak.
Incorrect
On April 30, 2020, the US Agency for International Development (USAID) has announced an additional grant of $3 million to India to combat the coronavirus pandemic. The US agency has earlier announced a grant of $2.9 million to India on 6 April 2020 to mitigate the spread of the deadly virus. With this, the total amount granted by USAID has reached $5.9 million to assist India in responding to the COVID-19 outbreak.
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Question 8 of 12
8. Question
Who has been named as the advisor to the digital payments app, Google Pay India?
Correct
- Shikha Sharma has been named as the advisor to the digital payments app, Google Pay India.
- She is the former CEO of Axis Bank.
Incorrect
- Shikha Sharma has been named as the advisor to the digital payments app, Google Pay India.
- She is the former CEO of Axis Bank.
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Question 9 of 12
9. Question
Neeraj Vyas has been appointed as the interim MD & CEO of which company recently?
Correct
PNB Housing Finance has appointed Neeraj Vyas as the interim Managing Director and Chief Executive Officer (CEO) of the company with effect from 28 April 2020, for a period of eight months. The incumbent MD & CEO, Sanjaya Gupta, has stepped down from his active duties of the post on 28 April, 2020. His tenure was to end on May 4, 2020.
Incorrect
PNB Housing Finance has appointed Neeraj Vyas as the interim Managing Director and Chief Executive Officer (CEO) of the company with effect from 28 April 2020, for a period of eight months. The incumbent MD & CEO, Sanjaya Gupta, has stepped down from his active duties of the post on 28 April, 2020. His tenure was to end on May 4, 2020.
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Question 10 of 12
10. Question
Who among the following has been appointed as the new Chairman of the Public Enterprises Selection Board (PESB)?
Correct
- The Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi has approved the appointment of former finance secretary Rajiv Kumar as the chairperson of the Public Enterprises Selection Board (PESB) , with effect from 29 April 2020. He has been appointed to the post for a period of three years.
Incorrect
- The Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi has approved the appointment of former finance secretary Rajiv Kumar as the chairperson of the Public Enterprises Selection Board (PESB) , with effect from 29 April 2020. He has been appointed to the post for a period of three years.
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Question 11 of 12
11. Question
The International Workers’ Day is observed every year on which day in India?
Correct
- The International Workers’ Day is held annually on May 1 worldwide to honour the contributions of the labourers or working class people.
- This day is also known as Workers’ Day, Labour Day as well as May Day in some of the countries.
Incorrect
- The International Workers’ Day is held annually on May 1 worldwide to honour the contributions of the labourers or working class people.
- This day is also known as Workers’ Day, Labour Day as well as May Day in some of the countries.
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Question 12 of 12
12. Question
Chuni Goswami who passed away recently was one of the legendary player of which sports?
Correct
Former India footballer Chuni Goswami passed away at the age of 82 years. Apart from playing football, he had also played first-class cricket for Bengal.
Incorrect
Former India footballer Chuni Goswami passed away at the age of 82 years. Apart from playing football, he had also played first-class cricket for Bengal.