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Current Affairs Quiz – 07 August 2020

Current Affairs Quiz 07 August 2020: Based on the Current Affairs and Important News of 07 August 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 07 August 2020. Attempt our daily current affairs quiz on our mobile app too.

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  1. Name the current and first Lieutenant Governor of the UT of Jammu and Kashmir, who has stepped down from the post
    A) Ajay Bhushan Pandey
    B) Subhash Chandra Garg
    C) Draupadi Murmu
    D) Girish Chandra Murmu
    View answer
    Option D
    Explanation: 
    The incumbent Lieutenant Governor of Jammu and Kashmir, Girish Chandra Murmu has resigned from the post on 5 August 2020. 5 August also marks the first anniversary of abrogation of Article 370 by Centre, to scrap special status to Jammu and Kashmir and turn it into two union territories
  2. Which state of the country has got the first ever ICMR-approved mobile RT-PCR COVID-19 testing laboratory?
    A) Telangana
    B) Karnataka
    C) Maharashtra
    D) Gujarat
    View answer
    Option B
    Explanation: 
    The Karnataka Government has launched a first-of-its-kind mobile COVID-19 laboratory on 5th August 2020. The unique lab has been developed by the Indian Institute of Science (IISc). The mobile lab is the first Indian Council of Medical Research (ICMR)-approved mobile RT-PCR Covid-19 testing laboratory in India.
  3. What is the current Policy Repo Rate?
    A) 4.15%
    B) 3.35%
    C) 4%
    D) 5%
    View answer
    Option C
    Explanation:
    The policy rates have been kept unchanged as:

    • Policy Repo Rate- 4.00%
    • Reverse Repo Rate- 3.35%
    • Marginal Standing Facility Rate and Bank Rate- 4.25%
    • CRR- 3%
    • SLR- 18%
  4. India has recently extended Line of Credit (LoC) worth USD 18 million to which country for the expansion of fishing facilities at MIFCO?
    A) Maldives
    B) Malaysia
    C) Mauritius
    D) Myanmar
    View answer
    Option A
    Explanation:
    The Government of India has extended Line of Credit (LoC) of USD 18 million to the Government of Maldives for the expansion of fishing facilities at Maldives Industrial Fisheries Company (MIFCO).
  5. Who has been appointed as the new Comptroller and Auditor General (CAG) of India?
    A) Satya Pal Malik
    B) Radha Krishna Mathur
    C) Anil Baijal
    D) Girish Chandra Murmu
    View answer
    Option D
    Explanation: 
    Jammu and Kashmir Lt Governor Girish Chandra Murmu has been appointed as the new Comptroller and Auditor General (CAG) of India. He will replace Rajiv Mehrishi, a 1978 batch IAS officer of the Rajasthan cadre, as the CAG.
  6. Former minister Shyamal Chakraborty, has passed away. He had served as the minister in the cabinet of which state?
    A) Punjab
    B) West Bengal
    C) Madhya Pradesh
    D) Assam
    View answer
    Option B
    Explanation: 
    A senior CPI(M) leader and former West Bengal transport minister, Shyamal Chakraborty has passed away. He was 76. Chakraborty served as the transport minister of West Bengal for three-times from 1982 to 1996. He was also a two-time Rajya Sabha member.
  7. Name the incumbent Chairman of SEBI, whose office term has been extended by the government for a period of 18 months till February 2022
    A) Subhash Chandra Khuntia
    B) Harsh Kumar Bhanwala
    C) Ajay Tyagi
    D) David Rasquinha
    View answer
    Option C
    Explanation: 
    The Ministry of Finance has extended the tenure of Ajay Tyagi as the chairman of Securities and Exchange Board of India (SEBI) for a period of 18-months. His extended term will begin with effect from September 1, 2020 and continue atleast up to February 28, 2022.
  8. Who is the author of the book titled “RAW: A History of India’s Covert Operations”?
    A) Yatish Yadav
    B) Neha Dixit
    C) Chitra Subramaniam
    D) Hussain Zaidi
    View answer
    Option A
    Explanation: 
    The new book, titled “RAW: A History of India’s Covert Operations”, has been launched, which gives a peep into the heroic covert operations carried by India’s external spy agency Research and Analysis Wing (RAW). The book has been written by investigative journalist and author Yatish Yadav. It has been published by Westland.
  9. Who has been appointed as the new Lieutenant Governor of Jammu and Kashmir?
    A) Hardeep Singh Puri
    B) Dinesh Sharma
    C) Mukhtar Ansari
    D) Manoj Sinha
    View answer
    Option D
    Explanation: 
    Manoj Sinha, a senior BJP leader and former Union Minister, has been appointed as the new LG of the UT of Jammu & Kashmir. The 61-year-old Manoj Sinha, was a Minister of State for Communications and Minister of State for Railways in the first term of Prime Minister Narendra Modi.
  10. What was the profession of Sameer Sharma, who has passed away recently at the age of 44?
    A) Jounalist
    B) Actor
    C) Politician
    D) Economist
    View answer
    Option B
    Explanation: 
    Veteran Television actor Sameer Sharma is no more. The 44-year-old actor committed suicide on 5 August 2020, by hanging from the kitchen ceiling of his home.
  11. When is the World Lung Cancer Day observed globally?
    A) 5 August
    B) 3 August
    C) 1 August
    D) 6 August
    View answer
    Option C
    Explanation:
    Every year, the World Lung Cancer Day is observed on August 1 to raise awareness about the causes and treatment of lung cancer and highlight the issues of lack of sufficient research funding for the ailment.
  12. What is the current Cash Reserve Ratio (CRR) rate?
    A) 3%
    B) 4%
    C) 5%
    D) 2%
    View answer
    Option A
    Explanation: 
    CRR- 3%, SLR- 18%

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