Current Affairs Quiz 11 January 2020 - Current Affairs Daily MCQ

Current Affairs Quiz 11 January 2020: Based on the Current Affairs and Important News of 11 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 11 January 2020. Attempt our daily current affairs quiz on our mobile app too.

The National Strategy for Financial Inclusion (NSFI): 2019-2024 was released on January 10, 2020. The document has been released by which body?
A) Ministry of Finance
B) Planning Commission
C) NITI Aayog
D) RBI

View answer
Option D
Explanation: Shri M K Jain, Deputy Governor, RBI released the National Strategy for Financial Inclusion (NSFI): 2019-2024 at the High Level Meeting on Financial Inclusion for the North East region convened at Agartala on January 10, 2020. The document highlights the major issues that act as impediments to financial inclusion and comes up with a set of recommendations and action plans to support sustainable financial inclusion over the next 5 years.
Home Minister Amit Shah inaugurated the state-of-the-art Indian Cyber Crime Coordination Centre (I4C) in which city to deal with all types of cyber-crimes in a comprehensive and coordinated manner.
A) New Delhi
B) Pune
C) Hyderabad
D) Gandhinagar

View answer
Option A
Explanation: The Union Home Minister Amit Shah inaugurated the state-of-the-art Indian Cyber Crime Coordination Centre (I4C) in New Delhi on 11 January 2020. The minister also dedicated National Cyber Crime Reporting Portal to the nation.Government had approved the scheme to set up I4C in October 2018 at an estimated cost of around Rs 416 crore to deal with all types of cyber-crimes in a comprehensive and coordinated manner.15 States and UTs have given their consent to set up Regional Cyber Crime Coordination Centres.
Video Integration and State Wide Advanced Security (VISWAS) is a first of its kind project in India launched by which state for major e-governance initiatives
A) Haryana
B) Gujarat
C) Rajasthan
D) Assam

View answer
Option B
Explanation: The Union Home Minister Amit Shah inaugurated Video Integration and State Wide Advanced Security (VISWAS) in Gandhinagar on 11 January 2020. VISWAS is a first of its kind project in the country launched for major e-governance initiative. It aims at improving Law and Order Management, Proactive traffic management and control, Crime detection through video analytics and Post incident Investigation and video forensics.
RBI has allowed Processing of e-mandate for recurring transactions under UPI. What is the maximum permissible limit for a transaction under this arrangement?
A) Rs 5000
B) Rs 1000
C) Rs 3000
D) Rs 2000

View answer
Option D
Explanation: Reserve Bank of India has allowed the Processing of e-mandate for recurring transactions for UPI transactions. The maximum permissible limit for a transaction under this arrangement shall be ₹ 2,000/-.
Jagananna Amma Vodi scheme is a flagship programme of the Andhra Pradesh government to provide financial help to BPL mothers to enable them educate her children. How much annual assistance is being provided under the scheme to each mother?
A) Rs 10,000
B) Rs 20,000
C) Rs 15,000
D) Rs 25,000

View answer
Option C
Explanation: On 9th January 2020, the state government of Andhra Pradesh under Chief Minister Y S Jagan Mohan Reddy launched first-of-its-kind scheme for mothers in India named Jagananna Amma Vodi scheme. The ‘Amma Vodi’ scheme is AP government’s flagship programme to support mothers (or recognized guardian in the absence of mother), who is below poverty line household, irrespective of caste, creed, religion and region to enable her to educate her child/children from Class I to XII from the Academic year 2019-2020.
HDFC has acquired Apollo Munich Health Insurance Company. What is the name of the new entity?
A) HDFC ERGO Health Insurance
B) ERGO Health Insurance
C) HDFC Health Insurance
D) HDFC Insurance

View answer
Option A
Explanation: Housing Development Finance Corporation (HDFC) has announced the completion of the acquisition of majority stake (51.16%) in Apollo Munich Health Insurance Company for Rs. 1,495.81 crore. HDFC has acquired 50.80% share of Apollo Hospital Group in Apollo Munich Health Insurance Company (Apollo Munich) for Rs 1485.14 crore. It has also acquired 0.36% shareholding held by few employees for Rs 10.67 crore. Subsequently, the Apollo Munich has been renamed as HDFC ERGO Health Insurance and will operate as a subsidiary of HDFC.
How many Fast Track Special Courts (FTSCs) have been approved to be set up across India to combat Sexual offences against girls and women?
A) 1000
B) 1023
C) 1055
D) 1090

View answer
Option B
Explanation: The Central Government has started a scheme to set up 1023 Fast Track Special Courts (FTSCs) across the country as a part of National Mission for Safety of Women (NMSW) amid the growing offences of rape and gang rape of minor girls below age of twelve years and similar heinous crimes against women.
The Yashaswini Scheme has been launched by Union Minister Smriti Irani for the women entrepreneur’s of which state, to provide them with interest free loan?
A) Tamil Nadu
B) Odisha
C) Kerala
D) Goa

View answer
Option D
Explanation: Union Minister for Women and Child Development and Textiles, Smriti Irani launched Yashaswini Scheme for Women entrepreneurship in Goa on 11 January 2020 at Dr Shyama Prasad Mukherjee Stadium at Taleigao near Panaji. Under Yashaswini scheme, women self-help groups will get interest free loans of upto Rs 5 lakh for business.
Qaboos bin Said who passed away recently was the longest ruling sultan of which country?
A) Kuwait
B) Iraq
C) Oman
D) Qatar

View answer
Option C
Explanation: The Sultan of Oman, Qaboos bin Said, has passed away at the age of 79 due to health issues. He was the longest serving Arab leader who ruled the Gulf Arab state for 50 years since overtaking in 1970.
RBI has introduced V-CIP as an alternate method to determine customer’s identity for purpose of Know Your Customer (KYC). What does V-CIP stands for?
A) Virtual- Customer Identification Proof
B) Video-based Customer Identification Process
C) Visual-Customer Identification Process
D) Voluntary- Customer Identification Proof

View answer
Option B
Explanation: The Reserve Bank has permitted Video-based Customer Identification Process (V-CIP) as a consent-based alternate method of establishing the customer’s identity for purpose of Know Your Customer (KYC).
India’s first Cyber Crime Prevention Unit under the name AASHVAST has been launched by which state to make cyber space safe for common people?
A) Gujarat
B) Maharashtra
C) Uttar Pradesh
D) Andhra Pradesh

View answer
Option A
Explanation: Cyber AASHVAST Project is a first of its kind unit launched by Gujarat Police to make cyber-space safe for common man through a dedicated helpline service for victims of cyber crimes to provide cyber-security solution.
As per the State Energy Efficiency Index 2019, three Indian states are the top performing states in the State EE Index 2019 and ranked as Achievers. Which among these states is not one of those?
A) Haryana
B) Kerala
C) Rajasthan
D) Karnataka

View answer
Option C
Explanation: The State Energy Efficiency Index 2019 was released on 10 January 2020 in New Delhi by RK Singh, Minister of State (Independent Charge) for Power and New & Renewable Energy and Minister of State for Skill Development & Entrepreneurship. The Index has been developed by Alliance for an Energy Efficient Economy (AEEE) under the leadership and guidance of the Bureau of Energy Efficiency (BEE) to access the efforts and achievements of states and union territories towards energy efficiency implementation. The top performing states for State EE Index 2019, Haryana, Kerala and Karnataka.
Name the aircraft carrier deployed by Indian Navy in the Arabian Sea to check upon the security amid the 9-day mega naval exercise being conducted in the region between China and Pakistan from January 6, 2020?
A) INS Viraat
B) INS Vikram
C) INS Vikrant
D) INS Vikramaditya

View answer
Option D
Explanation: China and Pakistan are conducting their nine-day mega naval exercise ‘Sea Guardians’ in the North Arabian Sea from 06 January 2020 to increase inter-operability and strategic cooperation between their two navies. On the other hand, India Navy too deployed its aircraft carrier INS Vikramaditya in the Arabian Sea, to send a clear strategic signal to them about its operational readiness and combat capability in the maritime domain.
The National Strategy for Financial Inclusion (NSFI): 2019-2024 documents enlists how many visions?
A) 8
B) 6
C) 12
D) 4
View answer
Option B
Explanation: NSFI enlists 6 visions:
- Universal Access to Financial Services
- Providing Basic Bouquet of Financial Services
- Access to Livelihood and Skill Development
- Financial Literacy and Education
- Customer Protection and Grievance Redressal
- Effective Co-ordination
Sea Guardians is the mega naval exercise being conducted in the Arabian Sea between which countries?
A) China & Pakistan
B) India & China
C) Pakistan & United States
D) China & United States

View answer
Option A
Explanation: China and Pakistan are conducting their nine-day mega naval exercise ‘Sea Guardians’ in the North Arabian Sea from 06 January 2020 to increase inter-operability and strategic cooperation between their two navies.

Current Affairs Quiz – 11 January 2020

Click Here For Daily Current Affairs

Click Here for Daily Current Affairs Quiz

Leave a Comment Cancel Reply