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Current Affairs Quiz – 07 November 2020

Current Affairs Quiz 07 November 2020: Based on the Current Affairs and Important News of 07 November 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 November 2020. 

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  1. Who chaired the Virtual Global Investor Roundtable (VGIR) 2020 Conference?
    A) Nirmala Sitharaman
    B) Narendra Modi
    C) M. Venkaiah Naidu
    D) Rajnath Singh
    View answer
    Option B
    Explanation:
    Prime Minister Shri Narendra Modi chaired the Virtual Global Investor Roundtable (VGIR) 2020 Conference on 05 November 2020, aimed at attracting investment in the country.
  2. Recently, which unit of the Indian military conducted the joint tri-service exercise code-named ‘Bull Strike’?
    A) Andaman and Nicobar Command (ANC) 
    B) Strategic Forces Command
    C) Southern Naval Command
    D) Army Training Command
    View answer
    Option A
    Explanation:
    The Andaman and Nicobar Command (ANC) conducted a joint tri-service exercise code-named ‘Bull Strike’ from 03 to 05 November 2020, at the remotely located Teressa Island, in the strategically important Nicobar group of Islands.
  3. Based on the latest notification of SEBI, the overseas investment limit for mutual funds has been increased to_____ 
    A) USD 500 million
    B) USD 400 million
    C) USD 300 million
    D) USD 600 million
    View answer
    Option D
    Explanation:
    Mutual Funds can make overseas investments subject to a maximum of US $ 600 million per Mutual Fund, within the overall industry limit of US $ 7 billion. Earlier it was USD 300 million.
  4. How many MoUs/Agreements were signed during the India-Italy Virtual Summit 2020?
    A) 12
    B) 20
    C) 15
    D) 10
    View answer
    Option C
    Explanation:
    15 MoUs/Agreements were signed during the Summit in various sectors such as energy, fisheries, ship building, design etc.
  5. Whatsapp has partnered with how many banks to expand its Unified Payments Interface (UPI) based payments services in India
    A) 10
    B) 5
    C) All PSBs
    D) 3
    View answer
    Option B
    Explanation:
    Whatspp has partnered with five Indian banks to process its payment services. These are State Bank of India, HDFC Bank, ICICI Bank, Axis Bank and Jio Payments Bank.
  6. The High-Level Meeting of the OPEC-India Dialogue 2020 was which edition of the event?
    A) 1st
    B) 5th
    C) 3rd
    D) 4th
    View answer
    Option D
    Explanation:
    The 4th High-Level Meeting of the OPEC-India Dialogue was hosted by the OPEC Secretariat, on 05 November 2020 via videoconference.
  7. The Airports Authority of India (AAI) has inked an MoU with which company to set up solar power plants at its airports?
    A) NVVN
    B) NSPCL
    C) NBPPL
    D) NESCL
    View answer
    Option A
    Explanation:
    The Airports Authority of India (AAI) has signed a Memorandum of Understanding (MoU) with a subsidiary of NTPC Ltd. (NTPC Vidyut Vyapar Nigam (NVVN)) on 05 November 2020, to promote usage of electric vehicles and set up solar power plants at the airports managed and operated by AAI.
  8. Hariharan has bagged the prestigious JC Daniel Award for 2019. It is the highest lifetime achievement award for which cinema?
    A) Bengali
    B) Malayalam
    C) Kannada
    D) Marathi
    View answer
    Option B
    Explanation:
    Noted Malayalam filmmaker Hariharan has been selected for the prestigious JC Daniel Award for 2019.
  9. Earlier, the mutual funds were allowed to invest only Rs 50 million in overseas Exchange Traded Fund (ETF(s)). But now this limit has been increased by SEBI. What is the enhanced limit?
    A) USD 100 million
    B) USD 300 million
    C) USD 200 million
    D) USD 500 million
    View answer
    Option C
    Explanation:
    Mutual Funds can make investments in overseas Exchange Traded Fund (ETF(s)) subject to a maximum of US $ 200 million per Mutual Fund, within the overall industry limit of US $ 1 billion. Earlier it was Rs 50 million.
  10. Which comic character has been chosen as the brand ambassador for the NamamiGangeProgramme?
    A) Chacha Chaudhary
    B) Mowgli
    C) Shaktimaan
    D) Doraemon
    View answer
    Option A
    Explanation:
    The iconic Indian superhero, Chacha Chaudhary, whose brain works faster than a computer, has been selected as the brand ambassador for the centrally-sponsored NamamiGangeProgramme.
  11. Name the Indian who has recently been appointed to the Board of the International Dairy Federation (IDF)?
    A) Meenesh C Shah
    B) Bhuvanesh Kumar
    C) Guru Prasad Singh
    D) Dilip Rath
    View answer
    Option D
    Explanation:
    Dilip Rath, the Chairman of National Dairy Development Board (NDDB) has been unanimously elected to the Board of International Dairy Federation (IDF).
  12. When is the National Cancer Awareness Day observed?
    A) November 6
    B) November 7
    C) November 5
    D) November 4
    View answer
    Option B
    Explanation:
    Every year on November 7, India observes National Cancer Awareness Day to create awareness about the prevention and early detection of cancer.

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