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Current Affairs Quiz – 01 October 2020

Current Affairs Quiz 01 October 2020: Based on the Current Affairs and Important News of 01 October 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 October 2020. 

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  1. Which of the following ministries has recently launched the DISC-4 Challenge for the startups, innovators and MSMEs?
    A) Ministry of Skill Development and Entrepreneurship
    B) Ministry of Human Resource Development
    C) Ministry of Sports
    D) Ministry of Defence
    View answer
    Option D
    Explanation:
    Raksha Mantri Rajnath Singh launched the Defence India Startup Challenge-4 (DISC4), under the iDEX initiative, during an event in New Delhi on 29 September 2020. Under this, eleven challenges from Armed forces, OFB&DPSUs are opened for prospective startups, innovators, MSMEs to provide their innovative ideas on technologies which find their application in the defence sector.
  2. What is the limit of Ways and Means Advances (WMA) set by RBI for the second half of the financial year 2020-21 for Central Government?
    A) Rs. 1,00,000 crore
    B) Rs. 1,50,000 crore
    C) Rs. 1,25,000 crore
    D) Rs. 1,75,000 crore
    View answer
    Option C
    Explanation: 
    TheReserve Bank of India has set the limits for Ways and Means Advances (WMA) for the second half of the financial year 2020-21 (October 2020 to March 2021) for Central Government at Rs. 1,25,000 crore.
  3. The Shanti Swarup Bhatnagar Prizes for 2020 has been bestowed upon 14 people. The annual award is given for outstanding work in which field?
    A) Sports
    B) Science & Technology
    C) Arts & Television
    D) Literature
    View answer
    Option B
    Explanation: 
    The Union Science and Technology minister Dr Harsh Vardhan announced the 2020 Shanti Swarup Bhatnagar Prizes on September 26, 2020 on the occasion of the Foundation Day of the Council of Scientific and Industrial Research (CSIR). The award is given for outstanding Indian work in the field of science and technology.
  4. Which Indian state has won the PATA Grand Award 2020 for its Tourism Campaign?
    A) Kerala
    B) Uttar Pradesh
    C) Maharashtra
    D) Gujarat
    View answer
    Option A
    Explanation: 
    The Kerala Tourism has bagged the prestigious PATA Grand Award 2020 in Marketing category for its internationally-acclaimed ‘Human by Nature’ campaign.
  5. The Indian think tank NITI Aayog has signed Statement of Intent (SoI) with which country recently for ‘decarbonization and energy transition agenda’?
    A) Singapore
    B) The Netherlands
    C) Denmark
    D) Bangladesh
    View answer
    Option B
    Explanation:
    NITI Aayog and the Embassy of the Netherlands, New Delhi, has signed a Statement of Intent (SoI) on 28September 2020 to support the ‘decarbonization and energy transition agenda’ for accommodating cleaner and more energy.
  6. DRDO conducted successful test flight of its BrahMos supersonic cruise missile recently. It is a _______ type of missile
    A) surface-to-air
    B) air-to-surface
    C) surface-to-surface
    D) air-to-air
    View answer
    Option C
    Explanation:
    The Defence Research and Development (DRDO) successfully test-fired BrahMos supersonic cruise missile, with several indigenous features, from the Integrated Test Range (ITR) at Balasore in Odisha on 30 September 2020.The surface-to-surface cruise missile had indigenous booster and airframe section as well as other Made in India sub-systems.
  7. The BSE has joined hands with which bank to empower the small and medium enterprises (SMEs) listed on the platform?
    A) Punjab National Bank
    B) SBI
    C) HDFC Bank
    D) Yes Bank
    View answer
    Option D
    Explanation: 
    India’s leading stock exchange BSE has signed a pact with private sector lender Yes Bank to empower the small and medium enterprises (SMEs) listed on the platform.
  8. Who has been appointed as the Director General of the National Security Guard (NSG)?
    A) Surjeet Singh Deswal
    B) Subhash Chandra Khuntia
    C) Yogesh Chander Modi
    D) Arvind Saxena
    View answer
    Option A
    Explanation: 
    The Director General of ITBP ( Indo Tibetan Border Police), S S Deswal has been given the additional charge of National Security Guard (NSG) by Home Ministry.
  9. Name the newly appointed Chairperson of the Film and Television Institute of India (FTII) Governing Council?
    A) Shekhar Kapur
    B) Naseeruddin Shah
    C) A. R. Rahman
    D) Mani Ratnam
    View answer
    Option A
    Explanation: 
    The Ministry of Information and Broadcasting has appointed Filmmaker Shekhar Kapur as the new President of Film and Television Institute of India (FTII) Society and Chairman of FTII Governing Council.
  10. RBI will trigger fresh floatation of market loans when the Government of India utilizes _____% of the WMA limit
    A) 60%
    B) 80%
    C) 75%
    D) 55%
    View answer
    Option C
    Explanation: 
    The Reserve Bank will trigger fresh floatation of market loans when the Government of India utilizes 75% of the WMA limit.

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