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Current Affairs Quiz – 04, 05 & 06 November 2021

Current Affairs Quiz 04, 05, & 06 November 2021: This post contains Questions/Quiz based on the Current Affairs and Important News of 04, 05, & 06 November 2021. These questions have been framed keeping in mind the pattern of banking and competitive exams and hence this current affairs quiz will be helpful for upcoming competitive exams. Give our online current affairs test every day to be prepared for all Current Affairs competitive exams

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  1. PM Modi has recently inaugurated the statue of Shri Adi Shankaracharya at which of these place?
    A) Kedarnath
    B) Ladakh
    C) Dehradun
    D) Srinagar
    View answer
    Option A
    Explanation:
    PM inaugurated the reconstructed Shri Adi Shankaracharya Samadhi (final resting place) at the premises of the Kedarnath Temple in Rudraprayag district of Uttarakhand and unveiled the statue of Shri Adi Shankaracharya at the Samadhi. The Samadhi was damaged in the 2013 Kedarnath flood. The 12-feet long statue weighing around 35 tonnes (35,000kg) has been constructed by Mysore-based sculptor Arjun Yogiraj.
  2. The 26th United Nations Climate Change Conference of Parties (COP26) was held in which place?
    A) Cologne
    B) Glasgow
    C) Katowice
    D) Madrid
    View answer
    Option B
    Explanation: 
    Prime Minister Shri Narendra Modi was on five-day official visit to Italy, the city-state of Vatican, and the United Kingdom to attend the G20 Summit in Rome and Conference of Parties (COP26) in Glasgow.
  3. RBI has issued revised Prompt Corrective Action (PCA) Framework for Scheduled Commercial Banks. The new framework will be effective from which date?
    A) February 01, 2022
    B) April 01, 2022
    C) March 01, 2022
    D) January 01, 2022
    View answer
    Option D
    Explanation:
    The Reserve Bank of India has issued revised Prompt Corrective Action (PCA) Framework for Scheduled Commercial Banks and it will be effective from January 1, 2022.
  4. India’s first open air rooftop drive-in movie theatre has been unveiled in which city?
    A) Hyderabad
    B) Chennai
    C) Mumbai
    D) Bengaluru
    View answer
    Option C
    Explanation:
    The first open air rooftop drive-in movie theatre in India has been inaugurated at Jio World Drive mall of Reliance Industries’ in Mumbai, Maharashtra on November 05, 2021.
  5. The Ministry of Finance has issued guidelines to be adopted by all public sector banks (PSBs) on Staff Accountability Framework for NPA Accounts up to _________?
    A) Rs 75 crore
    B) Rs 50 crore
    C) Rs 25 crore
    D) Rs 45 crore
    View answer
    Option B
    Explanation:
    Department of Financial Services (DFS), under the finance ministry, has issued guidelines to be adopted by all public sector banks (PSBs) on Staff Accountability Framework for NPA Accounts up to Rs. 50 crore’.
  6. What is the name of the tokenization solution launched by PhonePe?
    A) SafeCard
    B) TokenPay
    C) PhonePay
    D) PayCard
    View answer
    Option A
    Explanation:
    Digital Payment firm, PhonePe has launched a tokenization solution named ‘SafeCard’ for online debit and credit card transactions.
  7. India has committed to become carbon neutral and achieve net zero carbon emissions by which year at the COP26 Summit?
    A) 2040
    B) 2070
    C) 2030
    D) 2050
    View answer
    Option B
    Explanation:
    India would become carbon neutral and achieve net zero carbon emissions by the year 2070.
  8. Who has been appointed as the new head coach of the Indian men’s national cricket team by BCCI?
    A) Yuvraj Singh
    B) VVS Laxman
    C) Gautam Gambhir
    D) Rahul Dravid
    View answer
    Option D
    Explanation:
    Former captain Rahul Dravid has been appointed as the head coach of the Indian men’s cricket team by the BCCI. The former right-handed batsman has been appointed for a period of two years till the 2023 50-over World Cup.
  9. The multinational ‘Blue Flag-2021’ air combat exercise was hosted by which country?
    A) Turkey
    B) Russia
    C) Israel
    D) Singapore
    View answer
    Option C
    Explanation:
    The Mirage 2000 aircraft squadron of the Indian Air Force took part in the Blue Flag 2021 international exercise in Israel. The biennial event was held at Ovda Air Force Base in Israel from October 17 to October 28, 2021. It is organised by the Israeli Air Force since 2013
  10. What is the name of the health card scheme launched by Ministry of Home Affairs for the Central Armed Police Force (CAPFs) and their dependants?
    A) Karunya
    B) Ayushmaan
    C) Yeshasvini
    D) Amrutam
    View answer
    Option B
    Explanation:
    The Union Home Minister and Minister of Cooperation Shri Amit Shah launched the pan-India ‘Ayushmaan CAPF’ Scheme health cards in New Delhi on November 02, 2021.
  11. The World Tsunami Awareness Day is observed every year on which day?
    A) November 05
    B) November 06
    C) November 07
    D) November 04
    View answer
    Option A
    Explanation:
    The World Tsunami Awareness Day is observed ever year on November 5 to raise awareness in areas such as tsunami early warning, public action and building back better after a disaster to reduce future impacts..
  12. Yahoo Inc has stopped its service in which of these countries due to increasingly challenging business and legal environment in the country?
    A) Bhutan
    B) China
    C) India
    D) Pakistan
    View answer
    Option B
    Explanation:
    Yahoo Inc. has announced that the company has stopped providing service in mainland China with effect from November 01, 2021 due to the increasingly challenging business and legal environment in the country.
  13. Name the winner of the 2021 Booker Prize for Fiction?
    A) Richard Powers
    B) Maggie Shipstead
    C) Marion Hänsel
    D) Damon Galgut
    View answer
    Option D
    Explanation:
    South African writer Damon Galgut has been awarded with the prestigious 2021 Booker Prize for Fiction on November 3, 2021. Galgut has won the prize for his novel`The Promise’.
  14. Name the Indian boxer who has claimed a bronze medal at the 2021 AIBA Men’s World Boxing Championships in 54 kg category?
    A) Akash Kumar
    B) Devendro Singh
    C) Satish Kumar
    D) Akhil Kumar
    View answer
    Option A
    Explanation:
    Indian boxer Akash Kumar managed to clinch bronze medal at the 2021 AIBA Men’s World Boxing Championships on November 05, 2021 at Belgrade in Serbia.
  15. Who has been appointed as the new CEO of Barclays?
    A) N. Sivaraman
    B) Sanjay Chakravarti
    C) C.S. Venkatakrishnan
    D) Amish Mehta
    View answer
    Option C
    Explanation:
    Indian-American banker C.S. Venkatakrishnan (known as Venkat) has been appointed as the group chief executive (CEO) of the British multinational bank Barclays on November 01, 2021
  16. Name the satellite launched by China dedicated to serving the United Nations 2030 Sustainable Development Agenda
    A) Fengyun
    B) Guangmu
    C) Tiangong
    D) Ziyuan
    View answer
    Option B
    Explanation:
    China has launched an Earth science satellite named Guangmu into space from the Taiyuan Satellite Launch Center in the northern Shanxi Province. Guangmu is the world’s first Earth-science satellite dedicated to serving the United Nations 2030 Sustainable Development Agenda. 
  17. The International Day for Preventing the Exploitation of the Environment in War and Armed Conflict is observed annually on which day?
    A) November 04
    B) November 05
    C) November 07
    D) November 06
    View answer
    Option D
    Explanation:
    The International Day for Preventing the Exploitation of the Environment in War and Armed Conflict is an international day observed annually on November 6.
  18. Which Indian air force squadron participated in the Blue Flag 2021 international exercise?
    A) Mirage 2000s 
    B) Hawker Sea Hawk
    C) Flying Fish
    D) Black Panthers
    View answer
    Option A
    Explanation:
    From India, Indian Air Force Mirage 2000s was deployed at the exercise.
  19. Which of the following is not among the three parameters announced in the revised PCA Framework by RBI?
    A) Capital
    B) Asset Quality
    C) CRAR
    D) Leverage
    View answer
    Option C
    Explanation:
    Monitoring areas in the revised PCA framework: Capital, Asset Quality and Leverage are the key areas that will be monitored by RBI for all banks.
  20. Under the revised PCA Framework, RBI will track which of these indicators to check the capital of a bank?
    A) Net NPA Ratio
    B) CRAR
    C) Tier I Leverage Ratio
    D) All of the above?
    View answer
    Option B
    Explanation:
    To keep track of Capital, Asset Quality and Leverage the indicators that would be tracked are: CRAR/ Common Equity Tier I Ratio, Net NPA Ratio and Tier I Leverage Ratio respectively. i.e to track Capital of a bank RBI will see RAR/ Common Equity Tier I Ratio of the bank, to track Asset Quality of the bank, RBI will track Net NPA Ratio of the bank, similarly, to track Leverage of the bank, RBI will track Tier I Leverage Ratio of the bank.

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