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Current Affairs Quiz – 15 August 2020

Current Affairs Quiz 15 August 2020: Based on the Current Affairs and Important News of 15 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 15 August 2020. Attempt our daily current affairs quiz on our mobile app too.

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  1. How much amount has been approved by RBI as surplus to the Central  Government for the year 2019-20?
    A) Rs 57,128 crore
    B) Rs 55,122 crore
    C) Rs 50,110 crore
    D) Rs 59,105 crore
    View answer
    Option A
    Explanation: 
    The Reserve Bank of India has approved Rs 57,128 crore as surplus to the Central Government for the accounting year 2019-20. The decision was taken at the 584th meeting of the Central Board of RBI under the chairmanship of Shri Shaktikanta Das, Governor RBI.
  2. Which state has topped the AMRUT Scheme Ranking for 2020?
    A) Maharashtra
    B) Odisha
    C) Telangana
    D) Andhra Pradesh
    View answer
    Option B
    Explanation: 
    Odisha has emerged as the topmost state in the country for the consecutive second year in effective implementation of Atal Mission for Rejuvenation and Urban Transformation (AMRUT) scheme. Odisha has secured 85.67 percent of marks in the ranking of the states for 2020 released by the Ministry of Housing and Urban Affairs.
  3. The Katra-Delhi Express Road Corridor project will connect Delhi to Katra via with holy city?
    A) Amritsar
    B) Kurukshetra
    C) Haridwar
    D) Dharamsala
    View answer
    Option A
    Explanation: The Government of India has started the work on the first-of-its-kind Katra (Jammu and Kashmir) – Delhi Express Road Corridor project.  The project is estimated to be completed in three years and become functional by 2023. Once functional, the travel time from Katra to Delhi will get reduced to around six and half hours, and from Jammu to Delhi to just about six hours. It will connect Delhi with Amritsar in Punjab and Katra in Jammu and Kashmir.
  4. Which state has launched the Orunodoi scheme to financially empower the women population of the state?
    A) Goa
    B) West Bengal
    C) Odisha
    D) Assam
    View answer
    Option D
    Explanation: 
    The Assam government has announced a new scheme named “Orunodoi”  (the rising sun), whose main objective is to financially empower women. Under this scheme Rs 830 per month would be provided each to one female member in around 17 lakh poor families.
  5. Name the online indigenization portal launched by the Ministry of Defence as a one stop shop solution for Indian Industries to make items that can be taken up for indigenization?
    A) RACHNA
    B) SRISHTI
    C) SRIJAN
    D) UTPATTI
    View answer
    Option C
    Explanation: 
    The “Atmanirbhar Bharat” week was organised by the Ministry of Defence from August 7 to 14, 2020. As a part of the Atmanirbhar Week celebration, Raksha Mantri Shri Rajnath Singh launched a portal named as SRIJAN, which will function as a one stop shop online portal, giving opportunities for Make in India in Defence.
  6. How much amount has been extended by the Government of India to Antigua and Barbuda, to fight COVID-19 Pandemic?
    A) USD 2 million
    B) USD 1 million
    C) USD 5 million
    D) USD 3 million
    View answer
    Option B
    Explanation: 
    India has provided financial aid of USD 1 million to Antigua and Barbuda to combat the COVID-19 outbreak.The government has also provided 10,000 hydroxychloroquine tablets to the Government of Antigua and Barbuda as a gesture of goodwill in support of its fight against COVID-19.
  7. The National Pharmaceutical Pricing Authority (NPPA) has set up a Price Monitoring and Resource Unit (PMRU) in Karnataka. With this, how many states in the country has PMRU unit?
    A) 13
    B) 20
    C) 9
    D) 15
    View answer
    Option A
    Explanation: 
    The National Pharmaceutical Pricing Authority (NPPA) has set up a Price Monitoring and Resource Unit (PMRU) in the state of Karnataka. With this, Karnataka has become the 13th state to have a PMRU unit. It is registered as ‘Karnataka State Price Monitoring Resources Unit Society’. 
  8. RBI has maintained the Contingency Risk Buffer at ________ percent
    A) 4.9%
    B) 7.1%
    C) 5.5%
    D) 6.4%
    View answer
    Option C
    Explanation: RBI has decided to maintain the Contingency Risk Buffer at 5.5%.
  9. Karma Sathi Prakalpa is a scheme launched by which state to provide soft loans and subsidies to the unemployed youths of the state?
    A) Gujarat
    B) Chhattisgarh
    C) Rajasthan
    D) West Bengal
    View answer
    Option D
    Explanation:The West Bengal government has launched a new scheme known as ‘Karma Sathi Prakalpa’ under which one lakh unemployed youth of the state would be provided soft loans and subsidies to make them self-reliant.
  10. UAE and Israel have agreed to establish full diplomatic relations as part of a new peace deal. This makes UAE as the only ________ Arab country to open diplomatic relations with Israel
    A) Second
    B) Third
    C) First
    D) Sixth
    View answer
    Option B
    Explanation: 
    US President Donald Trump tweeted a joint statement between the US, UAE and Israel that states that the United Arab Emirates (UAE) and Israel have agreed to establish full diplomatic relations as part of a new peace deal. UAE is the third Arab country to open relations with Israel, after Egypt and Jordan.
  11. India has provided an assistance of ___________ to the Caribbean Community (CARICOM) country to fight Coronavirus pandemic
    A) USD 1 million
    B) USD 2 billion
    C) USD 1 billion
    D) USD 2 million
    View answer
    Option A
    Explanation: USD 1 million, has also been offered to each Caribbean Community (CARICOM) country by the Indian government. CARICOM is a group of twenty developing countries in the Caribbean.
  12. Chunnakara Ramankutty who passed away recently was a renowned ____________
    A) Journalist
    B) Filmmaker
    C) Poet
    D) Sportsman
    View answer
    Option C
    Explanation: Well known Malayalam poet and film-drama lyricist Chunnakara Ramankutty has passed away. He was 84.

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