Current Affairs Quiz 10 August 2020: Based on the Current Affairs and Important News of 10 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 10 August 2020. Attempt our daily current affairs quiz on our mobile app too.
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- What is the total outlay of the new Central Sector Scheme of financing facility launched by PM Modi under the Agriculture Infrastructure Fund?
A) Rs 2 lakh crore
B) Rs 1 lakh crore
C) Rs 3 lakh crore
D) Rs 4 lakh crore
View answer
Option B
Explanation: Prime Minister Shri Narendra Modi launched a new Central Sector Scheme of financing facility under the Agriculture Infrastructure Fund worth Rs 1 lakh crore, during an event conducted through video conference on 9 August 2020. To begin with, PM Modi made the first sanction of over Rs. 1000 Crore to over 2,280 farmer societies under the new facility.
- When is the World Biofuel Day observed annually?
A) 10 August
B) 8 August
C) 9 August
D) 7 August
View answer
Option A
Explanation: The International Biofuel Day (World Biofuel Day) is observed every year on August 10 to raise awareness about the importance of non-fossil fuels as an alternative to conventional fossil fuels and highlight the various efforts made by Government in the biofuel sector.
- Recently, the Ministry of Defence has announced ban on import of how many defence item for a specified time period, to make India Aatmanirbhar Bharat?
A) 75
B) 101
C) 200
D) 175
View answer
Option B
Explanation: The Defence Minister Rajnath Singh has announced that the Department of Military Affairs (DMA), Ministry of Defence (MoD) has prepared a list of 101 defence items for which there would be restriction on the import, beyond the timeline indicated against them. This step has been taken to boost indigenisation of defence production in India and push the country towards becoming Aatmanirbhar Bharat.
- Kavkaz 2020 also known as Caucasus-2020, is a strategic command-post exercise. Which country will host this exercise?
A) Pakistan
B) China
C) Russia
D) India
View answer
Option C
Explanation: India is all set to participate in the Russian Kavkaz 2020 (Caucasus-2020) strategic command-post exercise to be held in September 2020. A tri-service Indian contingent comprising 150 personnel from Army, Air Force and Navy will head to Astrakhan in Southern Russia for the exercise. The exercise is scheduled to be held in September 15-26.
- Air Suvidha is a web portal launched by which airport to enable its home-bound international passengers to fill the mandatory self- declaration form online instead of physical form?
A) Bengaluru
B) Mumbai
C) Hyderabad
D) Delhi
View answer
Option D
Explanation: The Delhi International Airport Limited (DIAL), a GMR Group-led consortium, has developed a first-of-its-kind web portal named ‘AIR SUVIDHA’. This portal is meant for India-bound international arriving flyers, to enable them to fill the mandatory self- declaration form. Eligible passengers can also apply online for exemption from mandatory institution quarantine process.
- Which among the following banks has recently acquired 7.82 percent stake in battery maker Eveready Industries by invoking pledged shares?
A) IndusInd Bank
B) Yes Bank
C) HDFC Bank
D) Kotak Mahindra Bank
View answer
Option A
Explanation: Private sector lender IndusInd Bank has acquired 7.82 percent stake in battery maker Eveready Industries by invoking pledged shares following loan default. The bank invoked pledge on 56,83,320 shares which constituted 7.82 percent of paid-up equity share capital of Eveready Industries.
- Mahinda Rajapaksa has been sworn in as the Prime Minister of Sri Lanka for five year terms. He has been appointed to the post for __________ time
A) 1st
B) 3rd
C) 4th
D) 6th
View answer
Option C
Explanation: Sri Lanka’s former President Mahinda Rajapaksa took oath as the country’s Prime Minister on 9 August 2020, after his party secured a landslide victory in the parliamentary elections on 5 August, 2020. This this the fourth time that the 74-year-old Sri Lanka People’s Party (SLPP) leader has been appointed as the PM of Sri Lanka.
- On 9 August 2020, PM Modi released the 6th installment under the PM-KISAN scheme of Rs. 17,000 Crore to the beneficiaries. Till date over how much amount has been released in total, since the launch of the scheme?
A) Rs 100,000 Crore
B) Rs 80,000 Crore
C) Rs 70,000 Crore
D) Rs 90,000 Crore
View answer
Option D
Explanation: PM also released the 6th installment under the PM-KISAN scheme of Rs. 17,000 Crore to nearly 8.5 Crore farmers directly to their Aadhaar verified bank accounts. With this transfer, the scheme has provided over 90,000 Crore to more than 10 Crore farmers since the launch of PM_KISAN on 01 December 2018.
- What is the theme for 2020 World Biofuel Day?
A) Biofuels Towards Atmanirbhar Bharat
B) Production of Biodiesel for Atmanirbhar Bharat
C) Atmanirbhar Biofuels Bharat
D) Atmanirbhar Bharat through Cost-effective Biofuels
View answer
Option A
Explanation: The theme for 2020 World Biofuel Day is ‘Biofuels Towards Atmanirbhar Bharat’
- Defence Ministry has bifurcated the capital procurement budget between domestic and foreign capital procurement routes, for the financial year 2020-21. What is the approx outlay set for domestic capital procurement during the same period?
A) Rs 35,000 crore
B) Rs 40,000 crore
C) Rs 52,000 crore
D) Rs 68,000 crore
View answer
Option C
Explanation: The defence ministry has also bifurcated the capital procurement budget for the financial year 2020-21 between domestic and foreign capital procurement routes. For the current fiscal, a separate budget head has been created for domestic capital procurement, with an outlay of nearly Rs 52,000 crore.
