Current Affairs Quiz 19 August 2020: Based on the Current Affairs and Important News of 19 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 19 August 2020. Attempt our daily current affairs quiz on our mobile app too.
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- The Indian Railways are constructing the world’s tallest pier bridge in which state of India?
A) Tripura
B) Jammu & Kashmir
C) Odisha
D) Manipur
View answer
Option D
Explanation: The North East Frontier Railway zone of the Indian Railways’ are constructing the world’s tallest pier bridge in the North-Eastern state of Manipur, which would help to provide railway connectivity from Manipur to the rest of the country. The bridge is a part of Jiribam-Tupul-Imphal new BG line project (111 Km). It is being constructed across river Ijai near Noney in Manipur.
- Which institute has topped the ‘Atal Ranking of Institutions on Innovation Achievements,’ (ARIIA) 2020?
A) IIT Delhi
B) IIT Madras
C) IIT Bombay
D) IISc Bengaluru
View answer
Option B
Explanation: The Indian Institute of Technology, Madras has retained the top position in the ‘Atal Ranking of Institutions on Innovation Achievements,’ (ARIIA) 2020 for being the best centrally funded institution in India.. The premier institute has topped in the list of top centrally funded innovative educational institutes in India for the second consecutive year.
- Government has decided to name the Gwalior-Chambal Expressway after which Indian political leader?
A) A. P. J. Abdul Kalam
B) Arun Jaitley
C) Atal Bihari Vajpayee
D) Sushma Swaraj
View answer
Option C
Explanation: The proposed Gwalior-Chambal Expressway will be named Shri Atal Bihari Vajpayee Chambal Progressway. This was announced by Madhya Pradesh Chief Minister Shivraj Singh Chouhan, while paying tribute to former prime minister Atal Bihari Vajpayee on his second death anniversary on 16 August 2020.
- RBI has released the ‘framework for authorization of pan-India Umbrella Entity for Retail Payments’ in India. What shall be the minimum paid-up capital of the umbrella entity?
A) Rs 500 crore
B) Rs 200 crore
C) Rs 300 crore
D) Rs 400 crore
View answer
Option A
Explanation: Reserve Bank of India has released the ‘framework for authorization of pan-India Umbrella Entity for Retail Payments’ in India. The umbrella entity shall have a minimum paid-up capital of Rs 500 crore.
- Satya Pal Malik has recently been appointed as the Governor of which state?
A) Nagaland
B) Madhya Pradesh
C) Goa
D) Meghalaya
View answer
Option D
Explanation: Satya Pal Malik, who was serving as the Governor of Goa currently, has been transferred and appointed as the Governor of Meghalaya with effect from 18 August 2020.
- Who was the representative from India side in the 13th Session of the India-UAE Joint Commission Meeting (JCM) on Trade, Economic and Technical Cooperation?
A) Piyush Goyal
B) Nirmala Sitharaman
C) Subrahmanyam Jaishankar
D) Rajnath Singh
View answer
Option C
Explanation: The 13th Session of the India-UAE Joint Commission Meeting (JCM) on Trade, Economic and Technical Cooperation was held virtually on 17 August 2020 to further strengthen the bilateral ties between the two strategic partners.. The Meeting was co-chaired by Union Minister of External Affairs, Subrahmanyam Jaishankar from India’s side and UAE’s Minister of Foreign Affairs Sheikh Abdullah Bin Zayed Al Nahyan.
- In the modified Partial Credit Guarantee Scheme (PCGS) 2.0, what is the limit set for the AA and AA- investment sub-portfolio at portfolio level, of the total portfolio of Bonds/ CPs?
A) 35%
B) 50%
C) 40%
D) 45%
View answer
Option B
Explanation: At the portfolio level, AA and AA- investment sub-portfolio under the Scheme should not exceed 50% (instead of 25% stipulated earlier) of the total portfolio of Bonds/ CPs purchased by PSBs under the Scheme.
- Name the farm-to-fork service online portal launched by the Ministry of MSME to allow farmers directly sell their produce to consumer?
A) Annapurna.com
B) VedKrishi.com
C) NavaJyoti.com
D) DhariKrushak.com
View answer
Option B
Explanation: The Union Minister of Micro, Small and Medium Enterprises (MSME) Nitin Gadkari has launched an online farm-to-fork service platform called VedKrishi.com, to directly connect farmers with consumers. Through VedKrishi.com, farmers would be able to sell their non-toxic farm produce directly to consumers. The platform has been set-up by Nagpur-based farmer producer organization VedKrishi Farmer Producer Company.
- What is the maximum limit allowed for investment by any single Promoter / Promoter Group in the capital of the umbrella entity for retail payments?
A) 40%
B) 30%
C) 50%
D) 10%
View answer
Option A
Explanation: No single Promoter / Promoter Group shall have more than 40% investment in the capital of the umbrella entity.
- World Humanitarian Day is observed every year on which day?
A) 16 August
B) 18 August
C) 17 August
D) 19 August
View answer
Option D
Explanation: The World Humanitarian Day (WHD) is observed every year on 19 August to pay tribute to humanitarian personnel and those workers who lost or risked their lives while doing humanitarian service.The theme for 2020 WHD is #RealLifeHeroes.
- The Aadhaar Authentication based digital savings account Jan BachatKhata (JBK) has been launched by which bank?
A) Axis Bank
B) Fino Payments Bank
C) ESAF Small Finance Bank
D) Canara Bank
View answer
Option B
Explanation: Fino Payments Bank has launched Jan BachatKhata (JBK), which is an Aadhaar Authentication based digital savings account that brings neo-banking experience to consumers.
- GP Garg has been appointed as the Executive Director of the SEBI. How many total EDs have been appointed by SEBI now?
A) 8
B) 12
C) 10
D) 15
View answer
Option C
Explanation: The Securities and Exchange Board of India (SEBI) has appointed G P Garg as its executive director (ED) on 14 August 2020. Currently, there are nine executive directors in SEBI. With this appointment the total tally of ED reaches to ten.
- Who is the author of the book “Full Spectrum: India”s Wars, 1972-2020″?
A) Harjit Singh Arora
B) Ajit Bhavnani
C) Prithvi Singh Brar
D) Arjun Subramaniam
View answer
Option D
Explanation: Retired Air Vice Marshal Arjun Subramaniam has written a book which throws light on comprehensive account of war and conflict in contemporary India over the past five decades next month. The book titled “Full Spectrum: India”s Wars, 1972-2020″ is a sequel to his previous book “India”s Wars: A Military History, 1947-1971″.
- Who has been appointed as the Governor of Goa?
A) Jayant Patil
B) Bhagat Singh Koshyari
C) Kalraj Mishra
D) C. Vidyasagar Rao
View answer
Option B
Explanation: Maharashtra Governor Bhagat Singh Koshyari has been given additional charge as the Governor of Goa, in addition to his own duties..
- Which company has been appointed as the sponsor for the Indian Premier League (IPL) 2020?
A) Dream11
B) Patanjali Ayurved
C) Paytm
D) Vivo
View answer
Option A
Explanation: Dream11, a fantasy sports platform, has won the title sponsorship rights for Indian Premier League (IPL) 2020. Dream11 has signed a Rs 222-crore deal with BCCI for this.
