Current Affairs Quiz – 03 January 2021

Current Affairs Quiz 03 January 2021: Based on the Current Affairs and Important News of 03 January 2021 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 03 January 2021. 

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1. RBI has launched Digital Payments Index (DPI) to capture the extent of digitization of digital/electronic payments in India. The index comprises of how many parameters?
   A) 10
   B) 7
   C) 4
   D) 5
   
   View answer

   Option D
   Explanation:Reserve Bank of India has launched a Digital Payments Index (DPI) to capture the extent of digitization of digital/electronic payments across the country.This RBI-Digital Payments Index (DPI) has 5 broad parameters
2. Umesh Sinha has recently been appointed as the deputy election commissioner in the Election Commission of India. How many Deputy EC are there now on the ECI board?
   A) 3
   B) 4
   C) 5
   D) 2
   
   View answer

   Option B
   Explanation:The Union Government has appointed Umesh Sinha as the deputy election commissioner in the Election Commission of India. With this, the ECI now has 4 deputy election commissioners. The other three are Sudeep Jain, Chandra Bhushan Kumar, and Ashish Kundra.
3. Which country has been chosen as the co-chair of the IUCN-supported Asia Protected Areas Partnership (APAP)?
   A) India
   B) Malaysia
   C) China
   D) Japan
   
   View answer

   Option A
   Explanation:India has been chosen as the co-chair of the IUCN-supported Asia Protected Areas Partnership (APAP) for a period ofthree years till November 2023.
4. The Indian Navy has signed contract with which company for Light Amplification by Stimulated Emission of Radiation Dazlers (Laser Dazzlers)?
   A) Bharat Dynamics
   B) Bharat Electronics Limited 
   C) BHEL
   D) Hindustan Aeronautics Limited
   
   View answer

   Option B
   Explanation:The Indian Navy has signed a contract with the Bharat Electronics Limited (BEL), to procure Light Amplification by Stimulated Emission of Radiation Dazlers (Laser Dazzlers). Initially, agreement has been signed for 20 Laser Dazlers.
5. Buta Singh, who has passed away recently was a veteran leader of which party?
   A) AAP
   B) BJP
   C) INC
   D) CPI(M)
   
   View answer

   Option C
   Explanation:Former Union Minister and senior Rajasthan Congress leader Buta Singh has passed away. He was 86. 
6. Renowned music director Shantanu Mohapatra has passed away. He was related to which film industry?
   A) Malayalam
   B) Kannada
   C) Tamil
   D) Odia
   
   View answer

   Option D
   Explanation:Legendary Odia music director Shantanu Mohapatra has passed away due to old age-related ailments. He was 84.
7. What is the base period set for the Digital Payments Index (DPI) by RBI?
   A) March 2017
   B) March 2019
   C) March 2018
   D) March 2020
   
   View answer

   Option C
   Explanation:The base period for RBI-DPI is March 2018. This means that the DPI score for March 2018 is set at 100. RBI has calculated the DPI for March 2019 and March 2020 at 153.47 and 207.84 respectively, indicating appreciable growth. 

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