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Current Affairs Quiz – 02 & 03 November 2020

Current Affairs Quiz 02 & 03 November 2020: Based on the Current Affairs and Important News of 02 & 03 November 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 02 & 03 November 2020. 

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  1. Who is the winner of the 2020 Emilia Romagna Grand Prix 2020?
    A) Valtteri Bottas
    B) Charles Leclerc
    C) Max Verstappen
    D) Lewis Hamilton
    View answer
    Option D
    Explanation:
    Lewis Hamilton (Mercedes-Great Britain) has won the Emilia Romagna Grand Prix 2020 held on November 01, 2020. This was his 9th win of the season and 93rd F1 win of his career.
  2. Which state of India has been adjudged as the best-governed state in the country as per Public Affairs Index-2020 of Public Affairs Centre?
    A) Gujarat
    B) Kerala
    C) Maharashtra
    D) Tamil Nadu
    View answer
    Option B
    Explanation:
    Kerala has been adjudged the best-governed state in the country, while Chandigarh emerged the best-governed union territory according to the Public Affairs Index-2020 released by the Public Affairs Centre.
  3. Which company has been given the right to operate the six major airports of India, including Lucknow International Airport?
    A) Tata Group
    B) Reliance Industries
    C) Adani Group
    D) Larsen and Toubro
    View answer
    Option C
    Explanation:
    The Airports Authority of India (AAI) has handed over the Lucknow airport to the Adani group on lease for a period of 50 years. Apart from this, Adani group has taken over/will take over operations of 5 more airports.
  4. How much amount has been provided by the Central government to Regional Rural Banks (RRBs) of the country to help them meet the regulatory capital requirement of 9%?
    A) Rs 670 crore
    B) Rs 500 crore
    C) Rs 750 crore
    D) Rs 800 crore
    View answer
    Option A
    Explanation:
    The Central Government has provided support of Rs 670 crore to Regional Rural Banks (RRBs) operating in the country to help them meet the regulatory capital requirement of 9%.
  5. India’s first E-resource centre and virtual court has been launched in which city?
    A) Ahmedabad
    B) Nagpur
    C) New Delhi
    D) Mumbai
    View answer
    Option B
    Explanation:
    The Chief Justice of India (CJI) Sharad Arvind Bobde and Justice DY Chandrachud of the Supreme Court, jointly inaugurated India’s first-ever E-resource centre and virtual court called “Nyay Kaushal” at Judicial Officers Training Institute in Nagpur.
  6. Name the Typhoon, which recently hit the south of the Philippines’ main island of Luzon?
    A) Typhoon Honi
    B) Typhoon Phoni
    C) Typhoon Goni
    D) Typhoon Voni
    View answer
    Option C
    Explanation:
    Typhoon Goni, claimed as the world’s strongest typhoon of 2020 has hit the south of the Philippines’ main island of Luzon.
  7. The Ministry of IT has launched the e-invoice system for GST for businesses whose turnover is more than______
    A) Rs 500 crores
    B) Rs 200 crores
    C) Rs 100 crores
    D) Rs 300 crores
    View answer
    Option A
    Explanation:
    Ministry of Electronics & IT along with NIC had launched the e-invoice system for GST on 1st October 2020 for the businesses with aggregate turnover of more than Rs. 500 Crores in the financial year. 
  8. Name the Ministry which has collaborated with the M/s Invest India to set up a strategic policy unit called “Strategic Policy & Facilitation Bureau (SPFB)”?
    A) Ministry of Human Resource Development
    B) Ministry of Law & Justice
    C) Ministry of Finance
    D) Ministry of Ayush
    View answer
    Option D
    Explanation:
    Ministry of AYUSH has collaborated with M/s Invest India to set up a strategic policy unit called “Strategic Policy & Facilitation Bureau (SPFB)”.
  9. Who is the author of the book Pandemonium: The Great Indian Banking Tragedy?
    A) Purnima Menon
    B) Tamal Bandyopadhyay 
    C) Shashi Tharoor
    D) Tapan Singhel
    View answer
    Option B
    Explanation:
    Tamal Bandyopadhyay has authored a book titled “Pandemonium: The Great Indian Banking Tragedy” and will be released on November 09, 2020.
  10. The Research and Development Centre of Indian Oil Corporation Limited (IOCL) has collaborated with which institute to develop biomass gasification-based hydrogen generation technology?
    A) Tata Institute of Fundamental Research
    B) IIT Delhi
    C) IISc Banglore
    D) Indian Institute of Management Bangalore
    View answer
    Option C
    Explanation:
    The Indian Institute of Science (IISc) and the Research and Development Centre of Indian Oil Corporation Limited (IOCL) have signed an MoU to develop and demonstrate biomass gasification-based hydrogen generation technology.
  11. International Day to End Impunity for Crimes against Journalists is observed annually on which of these days?
    A) 2nd November
    B) 1st November
    C) 3rd November
    D) First Tuesday of November
    View answer
    Option A
    Explanation:
    The International Day to End Impunity for Crimes against Journalists is observed annually on 2 November. Theme 2020: Protect Journalists, Protect the Truth
  12. The first ever solar energy-driven miniature train in India has been inaugurated in which state?
    A) Maharashtra
    B) Goa
    C) Gujarat
    D) Kerala
    View answer
    Option D
    Explanation:
    India’s first of its kind solar energy-driven miniature train was inaugurated at the Veli Tourist Village, Kerala by Chief Minister Pinarayi Vijayan.
  13. Which brand has been chosen as the title sponsor for the 2020 Women’s T20 Challenge?
    A) BSNL
    B) Byju’s
    C) Jio
    D) Amazon
    View answer
    Option C
    Explanation:
    The Board of Control for Cricket in India (BCCI) has announced Jio as the title sponsor for the 2020 edition of the Women’s T20 Challenge.
  14. What is the extended timeline for which the government has extended the Emergency Credit Line Guarantee Scheme (ECLGS)?
    A) 31 December 2020
    B) 30 November 2020
    C) 31 March 2021
    D) 31 January 2021
    View answer
    Option B
    Explanation:
    Central Government has extended the Emergency Credit Line Guarantee Scheme (ECLGS) by one month till November 30th, 2020, or till such time that an amount of Rs. 3 lakh crore is sanctioned under the Scheme.
  15. How many Indian states and Union Territories observe their foundation day on 1st November?
    A) 5 states, 5 UTs
    B) 11 states, 3 UTs
    C) 9 states, 4 UTs
    D) 8 states, 5 UTs
    View answer
    Option D
    Explanation:
    On November 01, 2020, 8 states in India and 5 Union Territories observed their foundation day. 
  16. The CCI has recently approved the acquisition of the Bharti AXA by which insurance company?
    A) ICICI Lombard
    B) HDFC ERGO 
    C) Bajaj Allianz
    D) Tata AIG
    View answer
    Option A
    Explanation:
    The Competition Commission of India (CCI) has approved the acquisition of General Insurance Business of Bharti AXA General Insurance Company Limited (Bharti AXA) by ICICI Lombard General Insurance Company Limited (ICICI Lombard) under Section 31(1) of the Competition Act, 2002.
  17. Amit Panghal is associated with which sports?
    A) Tennis
    B) Boxing
    C) Wrestling
    D) Badminton
    View answer
    Option B
    Explanation:
    Indian boxers Amit Panghal, Sanjeet and Ashish Kumar have claimed gold medals at the 2020 Alexis Valentine International Boxing Tournament held in Nantes, France.
  18. Which bank has acquired 19.002 percent in the Max Life Insurance Company?
    A) ICICI Bank
    B) Yes Bank
    C) HDFC Bank
    D) Axis Bank
    View answer
    Option D
    Explanation:
    Axis Bank has announced that it will acquire 19.002% stake in Max Life as against 17.002% stake decided earlier.
  19. Paul Zacharia is the winner of 2020 Ezhuthachan Puraskaram. It is the highest literary award of which state?
    A) Odisha
    B) Tami Nadu
    C) Kerala
    D) Andhra Prades
    View answer
    Option C
    Explanation:
    Noted Malayalam writer Paul Zacharia has been selected for 2020 Ezhuthachan Puraskaram, for his contribution to Malayalam literature during the past five decades.
  20. R. Doraikkannu, who has passed away was the Agriculture Minister of which state?
    A) Tamil Nadu
    B) Andhra Pradesh
    C) Kerala 
    D) Odisha
    View answer
    Option A
    Explanation:
    Agriculture Minister of Tamil Nadu, R. Doraikkannu, passed away at 72 due to COVID-19.

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