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Current Affairs Quiz – 17 June 2020

Current Affairs Quiz – 17 June 2020

Current Affairs Quiz 17 June 2020: Based on the Current Affairs and Important News of 17 June 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 17 June 2020. Attempt our daily current affairs quiz on our mobile app too.

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  1. UNCTAD has released the World Investment Report 2020 to rank countries on the basis of FDI received by each of them in 2019. What is the rank of India in the list?
    A) 6th
    B) 15th
    C) 12th
    D) 9th
    View answer
    Option D
    Explanation: 
    According to the World Investment Report 2020, of UN Conference on Trade and Development (UNCTAD), India emerged as the world’s ninth largest recipient of Foreign Direct Investments (FDI) in the year 2019. World Investment Report 2020 is the 30th edition of the annual report. The report reveals that India received USD 51 billion (approximately Rs 38.79 crore) in foreign investment in 2019, an increase of 20 percent over the previous year 2018 (USD42 bn). 
  2. Which state in India has become the top state to provide employment to the workers under the Mahatma Gandhi National Rural Employment Guarantee Scheme MGNREGA?
    A) Uttar Pradesh
    B) Gujarat
    C) Rajasthan
    D) Madhya Pradesh
    View answer
    Option A
    Explanation: 
    Uttar Pradesh has become the top most state in the country to provide employment to the workers under the Mahatma Gandhi National Rural Employment Guarantee Scheme MGNREGA. According to the data released by officials, the state provided employment to 57 lakh 12975 workers on 15 June 2020. These workers are engaged across 56,981 panchayats out of the total 58,000 panchayats in the state. Uttar Pradesh now accounts for 18 percent of the total workers employed under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in the country and has generated 7.93 crore man-days.
  3. When is the International Day of Family Remittances marked by United Nations?
    A) 15 June
    B) 17 June
    C) 16 June
    D) 14 June
    View answer
    Option C
    Explanation: 
    The International Day of Family Remittances (IDFR) is a United Nations General Assembly recognized day, observed on 16 June each year to celebrate the contribution of migrant workers, improve the lives of their family members back home, and to create a future of hope for their children. The theme of 2020 IDFR is ‘Remittances are a lifeline.’ 
  4. Government has recently set up the ‘Feedback Call Centres on Public Grievances’ to seek feedback from individual citizens on citizen satisfaction regarding the COVID-19 Grievances resolution system. The initiative has been launched by the government in collaboration with:
    A) Vodafone Idea
    B) Bharti Airtel
    C) Reliance Jio
    D) BSNL
    View answer
    Option D
    Explanation: 
    The Union Minister of State for Personnel, PG and Pensions Dr. Jitendra Singh launched the “Feedback Call Centres on Public Grievances” on 15 June 2020. The Feedback Call Centres would take feedback from individual citizens on citizen satisfaction regarding the COVID-19 Public Grievances that have been filed on Centralised Public Grievance Redress and Monitoring System (CPGRAMS) for the period 30/3/2020 to 30/5/2020. The DARPG (Department of Administrative Reforms and Public Grievances) has in collaboration with BSNL
  5. ‘Suraksha Salary Account’ has been launched by which bank for the employees of MSME sector?
    A) State Bank of India
    B) Airtel Payments Bank
    C) Jammu & Kashmir Bank
    D) Paytm Payments Bank
    View answer
    Option B
    Explanation: 
    The Airtel Payments Bank has launched ‘Suraksha Salary Account’, designed specifically for Micro, Small and Medium Enterprises (MSME). With Suraksha Salary Account, MSMEs and other organisations will be able to make cashless payments and also provide a financial security blanket to their employees. 
  6. How many MoUs have been signed by the government of Maharashtra under ‘Magnetic Maharashtra 2.0’ initiative with Indian and foreign companies for various development projects?
    A) 12
    B) 9
    C) 21
    D) 16
    View answer
    Option A
    Explanation: 
    The state government of Maharashtra has signed 12 Memorandum of Understanding (MOUs) with Indian and foreign corporations from countries like USA, China, South Korea and Singapore. The MOUs have been signed as a part of the ‘Magnetic Maharashtra 2.0’ initiative of the state to restart the economy which has taken a hit by coronavirus pandemic. The total cost of the MoU is Rs 16,100 crore. 
  7. Which country was the largest recipient of Foreign Direct Investments (FDI) in the year 2019?
    A) France
    B) United States
    C) Russia
    D) China
    View answer
    Option B
    Explanation:
    United States is the largest recipient of FDI in 2019 at $246 billion. China, Singapore, Netherlands and Ireland are the top 5 largest recipient of FDI in 2019 respectively.
  8. Dinu Randive was a renowned journalist and freedom fighter from which state of the country?
    A) Odisha
    B) West Bengal
    C) Maharashtra
    D) Andhra Pradesh
    View answer
    Option C
    Explanation: 
    Senior journalist and freedom fighter from Maharashtra, Dinu Randive has passed away due to old age. He was 95. Randive played a key role in the struggle movement called Samyukta Maharashtra movement to carve out Maharashtra state. 
  9. Which among these banks has launched the instantaneous Overdraft facility ‘Insta Flexicash’ to provide instant OD online?
    A) HDFC Bank
    B) Canara Bank
    C) Kotak Mahindra Bank
    D) ICICI Bank
    View answer
    Option D
    Explanation: 
    ICICI Bank has launched a fully digital overdraft facility for its Salary Account customers to get approval for overdraft (OD) instantaneously and in a paperless manner. The facility called, ‘Insta Flexicash’, will provide end-to-end fully digital experience to the customers using the Bank’s internet banking platform. The customers can apply for the OD from their home, without visiting a bank branch. The Bank will offer a credit limit worth up to three times of a customer’s net salary. 
  10. Heera Singh Rana, a noted folk singer, has passed away. He was from which state?
    A) Madhya Pradesh
    B) Uttarakhand
    C) Himachal Pradesh
    D) Rajasthan
    View answer
    Option B
    Explanation:
    Noted folk singer and poet of Uttarakhand, Heera Singh Rana has passed away. He was 78.
  11. As per the World Investment Report 2020, of UN Conference on Trade and Development (UNCTAD), what was the total FDI flow globally in the year 2019?
    A) USD 1.54 trillion
    B) USD 1.82 trillion
    C) USD 1.01 trillion
    D) USD 1.99 trillion
    View answer
    Option A
    Explanation:
    In 2019, global FDI flows increased marginally by 3 percent, to $1.54 trillion. The report has also predicted that the global foreign investment flows (FDI) is likely to plunge by up to 40% in 2020.
  12. Former cricket player Matt Poore has passed away at 90. He played for which country?
    A) South Africa
    B) Australia
    C) New Zealand
    D) England
    View answer
    Option C
    Explanation: 
    Former New Zealand cricketer Matt Poore has passed away. He was 90. Poore featured in 14 Tests for the Black Caps between 1953-1956, scoring 355 runs with nine wickets

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