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Current Affairs Quiz – 12 April 2020

Current Affairs Quiz 12 April 2020: Based on the Current Affairs and Important News of 12 April 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 12 April 2020. Attempt our daily current affairs quiz on our mobile app too.

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  1. Flipkart has partnered with which insurance company to launch the ‘Covid-19 Protection Cover’ on its platform?
    A) HDFC Ergo
    B) Bharti AXA
    C) ICICI Lombard
    D) IFFCO Tokiyo
    View answer
    Option C
    Explanation: 
    E-commerce firm Flipkart, announced the launch of health insurance policies on its platform covering COVID-19, in partnership with India’s leading insurers ICICI Lombard named ‘Covid-19 Protection Cover’. It is priced at an annual premium of Rs 159. The product provides an instant Rs 25,000 benefit plan paid to the customer if he tests positive for Covid-19.
  2. Who among these has been named from India to be included in International Monetary Fund’s (IMF) 12 member external advisory group?
    A) Duvvuri Subbarao
    B) Bimal Jalan
    C) Urjit Patel
    D) Raghuram Rajan
    View answer
    Option D
    Explanation: 
    IMF MD Kristalina Georgieva has named 12 people including former RBI governor Raghuram Rajan to her external advisory group. These people have been included with the objective of providing perspectives from around the world on key developments and policy issues and responses to the exceptional challenges the world now faces due to the coronavirus pandemic. 
  3. When is the National Safe Motherhood Day observed in Inda?
    A) April 12
    B) April 11
    C) April 10
    D) April 9
    View answer
    Option B
    Explanation: 
    National Safe Motherhood Day is observed every year on April 11 to raise awareness about adequate access to care for women during pregnancy, childbirth and postnatal services. The day also marks the birth anniversary of Kasturba Gandhi, the wife of the father of Nation Mohan Das Karam Chand Gandhi. 
  4. Mahabaleshwara M S has been re-appointed as the MD & CEO of which bank?
    A) Karnataka Bank
    B) Bank of Maharashtra
    C) Union Bank of India
    D) Corporation Bank
    View answer
    Option A
    Explanation:
    The Reserve Bank of India (RBI) has approved the reappointment of Mahabaleshwara M S as MD and CEO of private sector lender Karnataka Bank for a period of three years with effect from April 15, 2020.
  5. The International Day of Human Space Flight is held globally on__________
    A) April 11
    B) April 10
    C) April 12
    D) April 9
    View answer
    Option C
    Explanation:
    The International Day of Human Space Flight is celebrated annually on April 12 to mark the anniversary of the first human space flight by Yuri Gagarin on April 12, 1961.
  6. In India, the Central Reserve Police Force (CRPF) Valour Day is observed on______
    A) 11 April
    B) 10 April
    C) 8 April
    D) 9 April
    View answer
    Option D
    Explanation: 
    Central Reserve Police Force (CRPF) Valour Day (Shaurya Diwas) is observed on 9 April every year, as a tribute to the brave men of the Force. 2020 marks 55th CRPF Valour Day. It was on this day in 1965, a small contingent of CRPF created history by defeating an invading Pakistani army, several time larger, at the Sardar Post located in the Rann of Kutch, Gujarat. 
  7. Name the e-commerce company which has partnered with Digit Insurance to launch the insurance product ‘Digit Illness Group Insurance’ covering COVID-19?
    A) Amazon
    B) Flipkart
    C) Paytm
    D) Myntra
    View answer
    Option B
    Explanation:
    E-commerce firm Flipkart, has launched health insurance policy on its platform covering COVID-19, in partnership with Digit Insurance under the name ‘Digit Illness Group Insurance’. It allows consumers to avail a hospitalization cover up to a sum assured of Rs 1 lakh with an annual premium of Rs 511.Further, there is no limit on room rent or ICU.The policy covers 30-day pre and 60 days post hospitalization fee.Policyholders can also avail 1 per cent of the sum assured for ambulance services.
  8. Raj Vikash Verma has been appointed as the Non-Executive Chairman of which bank?
    A) Ujjivan Small Finance Bank
    B) Equitas Small Finance Bank
    C) AU Small Finance Bank
    D) Jana Small Finance Bank
    View answer
    Option C
    Explanation:
    Reserve Bank of India (RBI) has approved the appointment of Raj Vikash (RV) Verma, former Chairman and Managing Director of National Housing Bank, as Non-Executive Chairman of AU Small Finance Bank for a period of one year with effect from April 8, 2020.
  9. P Jayarama Bhat has been appointed as the Non-Executive Chairman of which bank?
    A) Karnataka Bank
    B) Punjab National Bank
    C) Canara Bank
    D) Corporation Bank
    View answer
    Option A
    Explanation: 
    RBI has approved for reappointment of P Jayarama Bhat as Part Time (Non Executive) Chairman of the Karnataka bank. He will hold office upto November 13, 2021 (i.e. upto the upper age limit of 70 years). 
  10. Sanjay Agarwal has been re-appointed as the Managing Director & CEO of which bank?
    A) Equitas Small Finance Bank
    B) Ujjivan Small Finance Bank
    C) Jana Small Finance Bank
    D) AU Small Finance Bank
    View answer
    Option D
    Explanation:
    RBI has approved the re-appointment of Sanjay Agarwal as Managing Director & CEO of the AU Small Finance Bank, while Uttam Tibrewal as Wholetime Director of AU Small Finance Bank for a period of three years with effect from April 19, 2020.

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