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Current Affairs Quiz – 02 June 2020

Current Affairs Quiz – 02 June 2020

Current Affairs Quiz 02 June 2020: Based on the Current Affairs and Important News of 02 June 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 June 2020. Attempt our daily current affairs quiz on our mobile app too.

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  1. The World Milk Day is a global event that takes place every year on__________
    A) June 1
    B) June 2
    C) May 31
    D) First Monday of June
    View answer
    Option A
    Explanation: 
    World Milk Day is observed on June 1 each year since 2001 to recognize the importance of milk as a global food and provide an opportunity to bring attention to activities that are connected with the dairy sector. The international day was established by the Food and Agriculture Organization (FAO) of the United Nations. The theme of 2020 is ’20th Anniversary of World Milk Day’ to mark the 20th anniversary of the day. 
  2. The IMD has issued warnings regarding the new cyclonic storm Nisarga, which has originated from 
    A) Indian Ocean
    B) Bay of Bengal
    C) Caspian Sea
    D) Arabian Sea
    View answer
    Option D
    Explanation: 
    On 31 March 2020, the India Meteorological Department (IMD) issued a red-colour coded warning to coastal Maharashtra and Gujarat for June 4 in view of a cyclonic storm, named ‘Nisarga’, developing in the Arabian Sea. As per IMD’s data, the low-pressure area developing currently over east central Arabian Sea and the Lakshadweep Islands is likely to intensify into a severe cyclone and cross the north Maharashtra and south Gujarat coasts on June 3.
  3. As per Moody’s latest report, India’s Sovereign Rating has been changed to__________
    A) Baa1
    B) Baa3
    C) Baa2
    D) Baa
    View answer
    Option B
    Explanation: 
    Moody’s Investors Service has downgraded India’s sovereign rating one notch to the lowest investment grade (Baa3) from ”Baa2”, with negative outlook. ”Baa3” is the lowest investment grade, just a notch above junk status.
  4. For the first time in its history, NASA used commercially-made spacecraft “Crew Dragon spacecraft” to send its astronauts to ISS. The dragon space craft has been developed by which company?
    A) SpaceX
    B) Boeing
    C) Raytheon
    D) Lockheed Martin
    View answer
    Option A
    Explanation: 
    SpaceX’s Crew Dragon spacecraft successfully docked two NASA astronauts, Bob Behnken and Doug Hurley, at the International Space Station (ISS) in a historic launch on 31 May 2020, from the Kennedy Space Center in Florida on Falcon 9 rocket. This is the first time in human history that NASA Astronauts have entered the Space Station from a commercially-made spacecraft, and also assumes significance as it marks the launch of humans into orbit from US soil for the first time in nearly a decade, since the Space Shuttle was retired in 2011. 
  5. American player Bobby Morrow passed away at 84. He was a renowned ______
    A) Hockey Player
    B) Cricketer
    C) Sprinter
    D) Footballer
    View answer
    Option C
    Explanation:
    American sprinter, Bobby Joe Morrow, who won three athletics gold medals at the 1956 Melbourne Olympic Games, has passed away. He was 84. Known as ‘The San Benito Bullet’, Morrow won the 100m, 200m and 4x100m relay in Melbourne, becoming the first man only after fellow American Jesse Owens (1936) to win sprint trebleCarl Lewis (1984) and Usain Bolt (2012 and 2016) are the only other men to win the three sprint titles at the same Games.
  6. According to the new definitions, MSMEs with an investment of Rs _______and turnover of Rs ________ will be classified as micro-units.
    A) Rs 75 lakh; Rs 1 cr
    B) Rs 50 lakh; Rs 1 cr
    C) Rs 25 lakh ; Rs 1 cr
    D) Rs 1 cr; Rs 5 cr
    View answer
    Option D
    Explanation:
    According to the new definitions, MSMEs with an investment of Rs 1 cr and turnover of Rs 5 cr will be classified as micro-units. Units with an investment of Rs 10 cr and turnover of Rs 50 cr will be classified as small units while those with an investment of Rs 50 cr and turnover of Rs 250 cr will be classified as medium units. 
  7. IIT Madras researchers have helped in tripling the population of the Irrawaddy dolphins in Chilika lake, by the use of dredging methodology. Where is Chilika lake located?
    A) Uttar Pradesh
    B) Odisha
    C) Himachal Pradesh
    D) Rajasthan
    View answer
    Option B
    Explanation: 
    A research project undertaken by the team of Indian Institute of Technology (IIT) Madras has helped Chilika lake in Odisha, in tripling the population of the Irrawaddy dolphins. Chilika lake is Asia’s largest and world’s second largest brackish water body and home to a number of threatened species of plants and animals. 
  8. Wajid Khan who died recently was a well known______
    A) Choreographer
    B) Actor
    C) Music Composer
    D) Fashion Designer
    View answer
    Option C
    Explanation: 
    Well-known Bollywood composer and singer Wajid Khan of the popular music director duo Sajid-Wajid has passed due to coronavirus COVID-19 complications.He was 42.
  9. Moody’s has revised the GDP growth rate of India for the financial year 2020-21. What is the projected growth rate?
    A) -4%
    B) 0%
    C) -5%
    D) -3.2%
    View answer
    Option A
    Explanation:
    Moody’s has also revised its FY21 GDP estimate for India to 4% contraction against 0% growth projected earlier. However, the economic growth is projected to pick up at 8.7% in FY22 and 6% in FY23
  10. How much amount has been announced by the government as equity infusion in MSME through Fund of Funds (FoF), which will enable MSMEss to be listed?
    A) Rs 35,000 cr
    B) Rs 75,000 cr
    C) Rs 20,000 cr
    D) Rs 50,000 cr
    View answer
    Option D
    Explanation:
    The Cabinet also approved a Rs 50,000 crore equity scheme for MSMEs. As per this scheme, MSMEs can now be listed.

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