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Current Affairs Quiz – 07 January 2020

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

  1. RBI has revised the Supervisory Action Framework (SAF) for Primary (Urban) Co-operative Banks (UCBs). Now UCBs will be put under SAF in which of these conditions?
    A) Net NPAs exceed 6% of its net advances
    B) CRAR falls below 9%
    C) Losses occur for two consecutive financial years
    D) All/Any of the above case
    View answer
    Option D
    Explanation:
    The Reserve Bank of India has decided to rationalize the Supervisory Action Framework (SAF) for Primary (Urban) Co-operative Banks (UCBs) to make it more effective in bringing about the desired improvement in the UCBs as well as speedy resolution of UCBs experiencing financial stress. The UCB may be placed under SAF when

    • its Net NPAs exceed 6% of its net advances
    • it incurs losses for two consecutive financial years or has accumulated losses on its balance sheet
    • its CRAR falls below 9%
  2. The 4th edition of the four-day ‘Buxa Bird Festival’ has begun at Buxa National Park. Where is the park located?
    A) Haryana
    B) Rajasthan
    C) Bihar
    D) West Bengal
    View answer
    Option D
    Explanation: 
    The fourth edition of the ‘Buxa Bird Festival’ began at Buxa National Park in West Bengal on January 6, 2020. The four-day festival is being attended by over 50 birdwatchers from across the country and abroad.
  3. The inaugural edition of the Khelo India University Games will take place in which city?
    A) Pune
    B) Guwahati
    C) Bhubaneswar
    D) Agra
    View answer
    Option C
    Explanation: 
    Thefirst edition of Khelo India University Games will be held at the Kalinga Institute of Industrial Technology University in Bhubaneswar from February 22 to March 1, 2020. Over 4,000 athletes from 100 Universities across India will take part in the sports meet to be held in 17 different disciplines.
  4. ISRO has planned to set up the world-class infrastructure for Human Space Flight Centre (HSFC) in which of these place to undergo all activities related to space travellers?
    A) Challakere
    B) Hospet
    C) Gulbarga
    D) Shimoga
    View answer
    Option A
    Explanation: 
    The Indian Space Research Organisation (ISRO) has proposed to create India’s world-class infrastructure to house its young Human Space Flight Centre (HSFC) at Challakere in Chitradurga district of Karnataka.The Rs 2,700-crore master plan is estimated to be established in three years. The facility spread over 400-acre ISRO land at Challakere will be a self-contained facility having infrastructure and activities related to space travellers.
  5. Leo Carter has become the 7th cricketer in the world to hit six sixes in a single over. Leo plays for which country?
    A) West Indies
    B) England
    C) Australia
    D) New Zealand
    View answer
    Option D
    Explanation:
    New Zealand’s batsman Leo Carter smashed six sixes in an over to become the only 7th player in the world to script the name is the book of history.
  6. Which state has decided to organise the first-ever Zo Kutpui Festival in over 10 states across India?
    A) Nagaland
    B) Mizoram
    C) Arunachal Pradesh
    D) Sikkim
    View answer
    Option B
    Explanation: 
    The state government of Mizoram led by CM Zoramthanga has decided to organise Zo Kutpui (festival) in about 10 states across India and countries such as US, Myanmar and Bangladesh. The first edition of the festival will begin on January 9 in Vanghmun in Tripura to be held over three days and will then move to other states having significant Mizo population.
  7. CISF has decided to observe the year 2020 as the Year of _____________
    A) Mobility
    B) Strength
    C) Adaptability
    D) Versatility
    View answer
    Option A
    Explanation:
    The Central Industrial Security Force (CISF) will be observing 2020 as the “Year of Mobility” to accomplish the objective of serving the nation with “utmost dedication and professionalism”.
  8. The bilateral naval exercise ‘Naseem-Al-Bahr’ 2020 is being held in Goa. The exercise is conducted by the Indian Navy and the Navy of ________
    A) Indonesia
    B) Vietnam
    C) Oman
    D) Iran
    View answer
    Option C
    Explanation: 
    The 12th edition of the Indo-Oman bilateral naval exercise ‘Naseem-Al-Bahr’ has been organised in Goa.Two ships of the Royal Navy of Oman (RNO), namely RNOV Al Rasikh and RNOV Khassab arrived at Mormugao Port in Goa on January 5, 2020 to participate in the exercise. From India, Indian Navy ships Beas and Subhadra are participating.
  9. Which among these films has won the maximum number of awards at the 2020 edition of the Golden Globe Awards?
    A) Rocketman
    B) Judy
    C) Joker
    D) Once Upon a Time in Hollywood
    View answer
    Option D
    Explanation: 
    The 77th Golden Globe Awards took place at California on January 5, 2020 to honor the best in film (both American and International) and American television of 2019.In film category, Once Upon a Time in Hollywood won the most awards with three. In television, Succession, Fleabag, and Chernobyl were the most awarded, with two awards each.
  10. Name the Indian Grand Master who has won the prestigious Hastings International Chess Congress title 2019-2020?
    A) Krishnan Sasikiran
    B) P Magesh Chandran
    C) Deep Sengupta
    D) Arghyadip Das
    View answer
    Option B
    Explanation:
    In Chess, Indian Grand Master (GM) P Magesh Chandran won the 95th edition of the prestigious Hastings International Chess Congress in Hastings, England.

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