Current Affairs Quiz 02 April 2020: Based on the Current Affairs and Important News of 02 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 02 April 2020. Attempt our daily current affairs quiz on our mobile app too.
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- What is the interest rate on savings deposit for the first quarter of 2020-21 (April-June)?
A) 2.5%
B) 3.5%
C) 3%
D) 4%
View answer
Option D
Explanation: The interest rate on savings deposit was kept unchanged at 4 per cent
- Who is the author of the book ‘Sridevi: The Eternal Screen Goddess’?
A) Satyarth Nayak
B) Shaheen Bhatt
C) Nitasha Kaul
D) Manish Makhija
View answer
Option A
Explanation: Noted Indian author and screenwriter Satyarth Nayak has penned his first non-fiction book titled ‘Sridevi: The Eternal Screen Goddess’.
- What is the estimated growth rate of India’s GDP for 2020-21 as predicted by S&P Global Ratings?
A) 2.3%
B) 3.5%
C) 4.1%
D) 5.2%
View answer
Option B
Explanation: S&P Global Ratings has further slashed India’s growth forecast to 3.5% from a previous downgrade to 5.2% for the fiscal year 2020-21.
- The Sun Radio Interferometer Space Experiment (SunRISE) is a new mission to be launched y which country to study the causes of Giant Solar Particle Storms?
A) Germany
B) France
C) Russia
D) United States
View answer
Option D
Explanation: US space agency National Aeronautics and Space Administration (NASA) has selected a new mission called the Sun Radio Interferometer Space Experiment (SunRISE) to study how the Sun generates and releases giant space weather storms, known as solar particle storms, into planetary space. SunRise is an array of six CubeSats operating as one very large radio telescope. NASA has sanctioned USD 62.6 million to design, build and launch SunRISE. It will be launched after July 1, 2023.
- What is the interest rate for the Public Provident Fund in April-June quarter of 2020-21?
A) 7.5%
B) 7.8%
C) 7.1%
D) 8%
View answer
Option C
Explanation: The interest rate for the popular PPF scheme has been reduced by 80 basis point to 7.1 per cent. The interest fetched on PPF in the previous quarter was 7.9 per cent.
- The new insurance product named Corona Care has been launched by PhonePe in partnership with which insurance company?
A) Bajaj Allianz General Insurance
B) ICICI Lombard
C) HDFC ERGO General Insurance Company
D) Bharti Axa General Insurance
View answer
Option A
Explanation: PhonePe has launched a unique coronavirus hospitalization insurance policy named “Corona Care.” PhonePe has partnered with Bajaj Allianz General Insurance for this “Corona Care”.
- RBI has fixed the Ways and Means Advances (WMA) for Central Government for the first half of the financial year 2020-21 at________
A) Rs. 1,50,000 crore
B) Rs. 1,20,000 crore
C) Rs. 1,00,000 crore
D) Rs. 1,70,000 crore
View answer
Option B
Explanation: The Reserve Bank of India has fixed the Ways and Means Advances (WMA) for Central Government for the first half of the financial year 2020-21 (April 2020 to September 2020) at Rs. 1,20,000 crore.The Reserve Bank may trigger fresh floatation of market loans when the Government of India utilizes 75% of the WMA limit.
- Arjun Dev, who died recently was a well known ________
A) Astronaut
B) Physician
C) Economist
D) Educationist and Historian
View answer
Option D
Explanation: Professor Arjun Dev, the legendary educationist and historian, has passed away. He was 81. Prof. Arjun had worked as a historian at the National Council of Educational Research and Training (NCERT).
- The interest rate on Sukanya Samriddhi Yojana for first quarter of 2020-21 has been fixed at_______
A) 7.1%
B) 7.6%
C) 8.4%
D) 8.1%
View answer
Option B
Explanation: The Sukanya Samriddhi Scheme interest rate has dipped to 7.4 per cent from previous 8.4 per cent a 100 basis point or 1 per cent interest rate cut.
- Which state has launched the app named ‘CORONA WATCH’ to track the movement history of corona positive patients, before their detection?
A) Karnataka
B) Gujarat
C) Madhya Pradesh
D) Tamil Nadu
View answer
Option A
Explanation: The State government Karnataka has launched a mobile application named “Corona Watch”for people to track the movement history of patients, who tested positive, before their detection so that they can take precautions. The app will give the date and time of visit to spots by the patients.
- Maria Teresa is the first royal victim who died at the age of 86 due to COVID-19. She was the Princess of which country?
A) Italy
B) France
C) Spain
D) Portugal
View answer
Option C
Explanation: Princess of Spain, Maria Teresa, has died after testing positive for the novel coronavirus. She was 86. She is the first royal victim to have died of COVID-19.
- Nobel Laureate Philip Warren Anderson has died at the age of 96. He won the Nobel Prize in which field?
A) Literature
B) Biology
C) Economic Sciences
D) Physics
View answer
Option D
Explanation: Nobel Prize-winning physicist Philip Warren Anderson has passed away. He was 96. Anderson was awarded the Nobel Prize for Physics in 1977 for his theoretical research into the electronic structure of magnetic and disordered systems which led to an improved understanding of metals and insulators.
- The GDP growth of Indian economy is pegged at ________ percent for the fiscal 2021-22 according to S&P Global Ratings
A) 6.4%
B) 7.3%
C) 5.2%
D) 4.1%
View answer
Option B
Explanation: For the Financial year 2019-20, the rating agency has estimated growth forecast of 5%. However the S&P expects the Indian economy to bounce back to 7.3% in FY22.
- RBI has decided to increase the Ways and Means Advances (WMA) limit for state governments and union territories by ________ percent from April-September 2020.
A) 50%
B) 20%
C) 30%
D) 40%
View answer
Option C
Explanation: For State Government’s WMA, RBI has increased the WMA limit by 30 percent from the existing limit for all States/UTs. It must be noted that every state government has a different WMA limit. The revised limits will come into force with effect from April 1, 2020 and will be valid till September 30, 2020.
- What is the new interest rate on Kisan Vikas Patra for April-June quarter of 2020-21?
A) 6.9%
B) 7.6%
C) 7.1%
D) 6.1%
View answer
Option A
Explanation: 6.9%
