Current Affairs Quiz 06 May 2021: Based on the Current Affairs and Important News of 06 May 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 06 May 2021.
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- How much amount has been allocated by RBI towards special on-tap liquidity facility announced for banks to lend to entities for access to emergency health security during the second wave of Covid-19?
A) Rs 25,000 crore
B) Rs 50,000 crore
C) Rs 30,000 crore
D) Rs 45,000 crore
View answer
Option B
Explanation:The Reserve Bank of India (RBI) Governor Shaktikanta Das has announced a Covid-19 healthcare package of Rs 50,000 crore on May 05, 2021, for lending to entities such as vaccine makers, medical equipment suppliers, hospitals and related sectors, besides the patients in need of funds for treatment. The new on-tap special liquidity facility of Rs 50,000 crore will be made available to the banks at the repo rate, for access to emergency health security amid the economic stress due to the second wave of Covid-19 in India. Banks can give loans under this facility till March 31, 2022. This Covid loan will be provided for a tenure of up to 3 years and will be classified as priority sector loan till repayment or maturity.
- Mamata Banerjee has been sworn in as the Chief Minister of West Bengal after massive win in the 2021 Assembly election. This win is her __________ consecutive win as the head of the state
A) Fourth
B) Second
C) Third
D) Fifth
View answer
Option C
Explanation: Mamata Banerjee, has been sworn-in as the Chief Minister of West Bengal on May 05, 2021 for the third consecutive term, after a massive win in the state assembly elections 2021. The ruling All India Trinamool Congress (TMC) supremo was administered the oath of office and secrecy by state Governor Jagdeep Dhankhar.
- What is the estimated GDP growth rate of India as per S&P Global Ratings for the financial year 2021-22?
A) 9.8%
B) 10.4%
C) 11%
D) 8.5%
View answer
Option A
Explanation:The US-based S&P Global Ratings has lowered the GDP growth forecast of Indian economy to 9.8 percent for the financial year 2021-22 (FY22).
- When is the International No Diet Day celebrated?
A) First Thursday of May
B) May 5
C) May 4
D) May 6
View answer
Option D
Explanation:International No Diet Day is observed on May 6, and its symbol is a light blue ribbon.
- The world’s largest aircraft by American company ‘Stratoluanch’ successfully completed the second test flight recently. What is the name given to this massive aircraft?
A) Pamola
B) Roc
C) Sirin
D) Ziz
View answer
Option B
Explanation:The world’s largest plane ‘Stratoluanch Roc’ successfully completed test flight for a second time recently over the Southern California desert. The test flight lasted for about three hours and 14 minutes and the vehicle reached an altitude of 14,000-feet (about 2.6 miles) at a top speed of 199 mph.
- Who is the winner of the 2021 UNESCO/Guillermo Cano World Press Freedom Prize?
A) Cheche Lazaro
B) Rodrigo Duterte
C) Maria Ressa
D) Mike Enriquez
View answer
Option C
Explanation:Investigative journalist and media executive Maria Ressa of the Philippines has been named as the winner of 2021 UNESCO/Guillermo Cano World Press Freedom Prize. The award carries a prize money of $25,000. Presently Ressa is the CEO of the Rappler, a Philippine online news website.
- India has recently launched ambitious 10-year road map, with which country, to elevate the bilateral relationship to a comprehensive strategic partnership and more than double bilateral trade by 2030?
A) France
B) United States
C) Australia
D) United Kingdom
View answer
Option D
Explanation:The Prime Minister of India, Shri Narendra Modi and his British counterpart Boris Johnson held a virtual Summit meeting on May 04, 2021. During the Summit meeting, both the leaders unveiled an ambitious 10-year road map to elevate the India-UK bilateral relationship to a comprehensive strategic partnership. The UK prime minister Boris Johnson announced a new India-UK trade investment worth £1 billion. Apart from this, India and the UK inked nine pacts.
- Cricket player Nuwan Zoysa has been banned by ICC for 6 years from all forms of the game for violating ICC anti-corruption code. He played for which country?
A) Sri Lanka
B) West Indies
C) Zimbabwe
D) Bangladesh
View answer
Option A
Explanation:The former Sri Lanka cricketer and coach Nuwan Zoysa has been banned from all cricket for six years by the International Cricket Council (ICC). The ICC Anti-Corruption Tribunal found him guilty of breaching the ICC anti-corruption code
- What amount of liquidity support has been announced by RBI for the small finance banks (SFBs) under a special long-term repo operations (LTRO)to lend to MFIs amid COVID-19 crises?
A) Rs 12,000 crore
B) Rs 10,000 crore
C) Rs 15,000 crore
D) Rs 20,000 crore
View answer
Option B
Explanation: A special long-term repo operations (LTRO) has been announced for small finance banks (SFBs) worth Rs 10,000 crore, to provide further lending support to NBFC-microfinance institutions (MFIs) and other MFIs (Societies, Trusts etc.) which are members of RBI recognised ‘Self-Regulatory Organisation’.
- The Reserve Bank of India has announced restructuring of loan resolution frame 2.0, for individual borrowers and small businesses, who did not take restructuring earlier and the loan were standard as of March 2021. The outstanding loan of these borrowers must be upto ___________ to avail the facility
A) Rs 15 crore
B) Rs 20 crore
C) Rs 25 crore
D) Rs 30 crore
View answer
Option C
Explanation:RBI has also opened up second round of restructuring of loans mechanism for individual and small borrowers for up to two years. Individual borrowers and small businesses with loan outstanding of up to Rs 25 crore, who have not taken restructuring earlier and were standard as of March 2021, will be considered for restructuring till September 30, 2021.
