Current Affairs Quiz 01 September 2020: Based on the Current Affairs and Important News of 01 September 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 September 2020. Attempt our daily current affairs quiz on our mobile app too.
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- RBI has announced recently to carry out Additional special open market operation of how much amount?
A) Rs 30,000 crore
B) Rs 10,000 crore
C) Rs 20,000 crore
D) Rs 50,000 crore
View answer
Option C
Explanation: The Reserve Bank will conduct additional special open market operation involving the simultaneous purchase and sale of Government securities for an aggregate amount of Rs. 20,000 crore in two tranches of Rs. 10,000 crore each.
- Former President Pranab Mukherjee has passed away. He had served as the _____ President of India?
A) 13
B) 11
C) 15
D) 17
View answer
Option A
Explanation: The former President of India, Pranab Mukherjee, passed away at the age of 84 years. He had been in coma since a brain surgery earlier this month. He had also tested positive for coronavirus. He had gone into septic shock due to his lung infection. He developed a lung infection and renal dysfunction over the past few days. Pranab Mukherjee was the President of India from 2012 to 2017. He was the 13th President of India. He was from Congress.
- Adani Group has recently acquired what percent of stake in Mumbai International Airport Limited (MIAL)?
A) 49%
B) 74%
C) 51%
D) 100%
View answer
Option B
Explanation: Adani Group has acquired 74% stake in Mumbai International Airport Limited (MIAL) that operates Mumbai Airport. Mumbai Airport is the second largest airport in India.
- Which month of the year has been announced by Prime Minister Narendra Modi to be observed as “Nutrition Month”?
A) December
B) October
C) September
D) November
View answer
Option C
Explanation: Prime Minister Narendra Modi has announced that the month of September will be observed as “Nutrition Month” in the entire nation.
- As per the Official data of the National Statistics Office (NSO, what was India’s GDP in the first quarter (April-June 2020) for FY21?
A) -23.9%
B) -17.2%
C) -9.9%
D) -28.1%
View answer
Option A
Explanation: As per the official data released by the National Statistics Office (NSO), India’s GDP has contracted by 23.9% in the first quarter (April-June 2020) for FY21. This is the first instance of an economic contraction for India in at least four decades. It is also the first GDP decline since India began publishing quarterly numbers in 1996.
- Which country has launched an agri-commodity trading and sourcing e-market platform Agriota to bridge the gap between its food industry and rural farmers in India?
A) Russia
B) Netherlands
C) Japan
D) UAE
View answer
Option D
Explanation: The UAE has launched Agriota, an agri-commodity trading and sourcing e-market platform that will bridge the gap between rural farmers in India and the UAE’s food industry. The platform was launched by Dubai Multi Commodities Centre (DMCC) and the government of Dubai’s authority on commodities trade and enterprise.
- Who has been elected as the new Chairman of the Press Trust of India to replace Vijay Kumar Chopra?
A) Vineet Jain
B) Aveek Sarkar
C) Mahendra Mohan Gupta
D) K.N. Shanth Kumar
View answer
Option B
Explanation: Aveek Sarkar has been elected as the Chairman of the Press Trust of India. He replaces Vijay Kumar Chopra, Chief Editor of the Punjab Kesari Group of newspapers.
- What was the profession of Dr. S Padmavati, who has passed away recently?
A) Oncologist
B) Cardiologist
C) Optometrist
D) Neurologist
View answer
Option B
Explanation: Noted cardiologist Dr S Padmavati passed away at the age of 103 years due to COVID-19. She was the first female cardiologist of the India and was popularly known as ”God Mother of Cardiology”.
- RBI will be conducting term repo operations for an aggregate amount of __________ in mid September 2020
A) Rs. 100,000 crore
B) Rs. 200,000 crore
C) Rs. 150,000 crore
D) Rs. 250,000 crore
View answer
Option A
Explanation: The Reserve Bank will conduct term repo operations for an aggregate amount of ₹100,000 crore at floating rates (i.e., at the prevailing repo rate) in the middle of September 2020
- Who among these celebrities has been roped in as the brand ambassador of Myntra?
A) Disha Patani
B) Kriti Sanon
C) Kiara Advani
D) Shraddha Kapoor
View answer
Option C
Explanation: E-commerce website Myntra has appointed Kiara Advani as its brand ambassador.
- The GVA of India was calculated to decline by what percent in Q1 of FY20, as per the data of NSO?
A) 18.5%
B) 11.6%
C) 25.7%
D) 22.8%
View answer
Option D
Explanation: Gross value added (GVA) for India declined by 22.8%. All the sectors except agriculture witnessed contractions during the April-June quarter of 2020-21. The highest drop was witnessed by the construction industry of 50.3%.
- Japanese government has extended Official Development Assistance loan of how much amount to India as COVID-19 Crisis Emergency Response Support fund
A) JPY 25 billion
B) JPY 50 billion
C) JPY 75 billion
D) JPY 100 billion
View answer
Option B
Explanation: The Govt. of Japan has committed Official Development Assistance loan of an amount of JPY50 billion (approx. Rs. 3,500 crore) for the COVID-19 Crisis Emergency Response Support to India.
- Which state has roped in India’s first-ever woman ambulance driver?
A) Tamil Nadu
B) Andhra Pradesh
C) Maharashtra
D) Gujarat
View answer
Option A
Explanation: Tamil Nadu has appointed India’s first-ever woman ambulance driver under a new initiative by CM Palaniswami. M Veeralakshmi was appointed driver of one of the newly launched ‘108’ ambulances in Tamil Nadu.
- As per the new financial measures announced by RBI, what is the limit for banks to hold fresh acquisitions of SLR securities acquired from September 1, 2020 under HTM?
A) 25% of NDTL
B) 19% of NDTL
C) 22% of NDTL
D) 18% of NDTL
View answer
Option C
Explanation: RBI has decided to allow banks to hold fresh acquisitions of SLR securities acquired from September 1, 2020 under HTM up to an overall limit of 22 per cent of NDTL up to March 31, 2021.
