Current Affairs Quiz – 23 May 2020
Current Affairs Quiz 23 May 2020: Based on the Current Affairs and Important News of 23 May 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 23 May 2020. Attempt our daily current affairs quiz on our mobile app too.
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Question 1 of 10
1. Question
What was the profession of Shyamala G Bhave who passed away recently?
Correct
- Renowned vocalist Shyamala G Bhave, who had an equal command over Hindustani and Carnatic style of music, has passed away. She was 79.
Incorrect
- Renowned vocalist Shyamala G Bhave, who had an equal command over Hindustani and Carnatic style of music, has passed away. She was 79.
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Question 2 of 10
2. Question
When is the World Turtle Day observed?
Correct
The World Turtle Day is observed on May 23 every year to raise awareness among people to protect turtles and tortoises and their disappearing habitats around the world.
Incorrect
The World Turtle Day is observed on May 23 every year to raise awareness among people to protect turtles and tortoises and their disappearing habitats around the world.
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Question 3 of 10
3. Question
Name the new National President of FICCI Ladies Organization (FLO) appointed recently?
Correct
- Assam-based entrepreneur Jahnabi Phookan has been appointed as the new National President of FICCI Ladies Organization (FLO) on 22 May 2020.
- FICCI FLO is the women wing of the leading industry chamber, Federation of Indian Chambers of Commerce and Industry (FICCI).
- Phookan is the 37th National President of FICCI FLO
- She succeeds Harjinder Kaur Talwar.
Incorrect
- Assam-based entrepreneur Jahnabi Phookan has been appointed as the new National President of FICCI Ladies Organization (FLO) on 22 May 2020.
- FICCI FLO is the women wing of the leading industry chamber, Federation of Indian Chambers of Commerce and Industry (FICCI).
- Phookan is the 37th National President of FICCI FLO
- She succeeds Harjinder Kaur Talwar.
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Question 4 of 10
4. Question
What is the current repo rate?
Correct
- Reduce Repo Rate by 40 bps to 4.00% from 4.40% earlier.
- Reverse repo rate has been reduced to 3.35%
- The marginal standing facility (MSF) rate and the Bank Rate stands at 4.25%
- The MPC decided to continue with the accommodative stance.
Incorrect
- Reduce Repo Rate by 40 bps to 4.00% from 4.40% earlier.
- Reverse repo rate has been reduced to 3.35%
- The marginal standing facility (MSF) rate and the Bank Rate stands at 4.25%
- The MPC decided to continue with the accommodative stance.
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Question 5 of 10
5. Question
The current reverse repo rate is___________
Correct
- Reduce Repo Rate by 40 bps to 4.00% from 4.40% earlier.
- Reverse repo rate has been reduced to 3.35%
- The marginal standing facility (MSF) rate and the Bank Rate stands at 4.25%
- The MPC decided to continue with the accommodative stance.
Incorrect
- Reduce Repo Rate by 40 bps to 4.00% from 4.40% earlier.
- Reverse repo rate has been reduced to 3.35%
- The marginal standing facility (MSF) rate and the Bank Rate stands at 4.25%
- The MPC decided to continue with the accommodative stance.
-
Question 6 of 10
6. Question
NTPC has inked pact with which entity to set up a joint venture Company for Renewable Energy business?
Correct
NTPC Ltd. and Oil and Natural Gas Corporation Limited (ONGC) have signed a Memorandum of Understanding (MoU) to set up a Joint Venture Company for Renewable Energy business.
Incorrect
NTPC Ltd. and Oil and Natural Gas Corporation Limited (ONGC) have signed a Memorandum of Understanding (MoU) to set up a Joint Venture Company for Renewable Energy business.
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Question 7 of 10
7. Question
Uttar Pradesh government has set up a ‘UP Start-up Fund’ to boost employment opportunity in the state. Which institution will be the fund manager of this fund?
Correct
- The Uttar Pradesh government under Chief Minister Yogi Adityanath has launched the ‘UP Start-up Fund’ on 20 May 2020, to boost job creation in the state.
- The fund will motivate more and more youths to establish their own startups in the state as well as provide employment opportunity to large number of migrant, coming to the state, as per their skill.
- The fund has been set up under the UP Information Technology and Start-up Policy 2017.
- CM Adityanath handed over cheque of the initial contribution of Rs 15 crore towards the Fund, while signing the MoU with SIDBI.
- The Small Industries Development Bank of India (SIDBI) will be the fund manager.
- The ‘UP Start-up Fund’ will be in the form of Fund of Funds.
Incorrect
- The Uttar Pradesh government under Chief Minister Yogi Adityanath has launched the ‘UP Start-up Fund’ on 20 May 2020, to boost job creation in the state.
- The fund will motivate more and more youths to establish their own startups in the state as well as provide employment opportunity to large number of migrant, coming to the state, as per their skill.
- The fund has been set up under the UP Information Technology and Start-up Policy 2017.
- CM Adityanath handed over cheque of the initial contribution of Rs 15 crore towards the Fund, while signing the MoU with SIDBI.
- The Small Industries Development Bank of India (SIDBI) will be the fund manager.
- The ‘UP Start-up Fund’ will be in the form of Fund of Funds.
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Question 8 of 10
8. Question
Government has launched a scheme for 100 percent solarisation of Konark Sun Temple and Konark town. Where is the iconic temple and town located?
Correct
- The central government has launched a scheme for complete solarisation of Konark Sun Temple and Konark town in Odisha, in a bid to develop the town of Konark as ‘Surya Nagri’.
- Under the scheme, a 10-megawatt (MW) grid-connected solar project will be set up along with various solar off-grid applications such as solar trees and solar drinking water kiosks, and off-grid solar power plants with battery storage.
- The Government of India will provide 100 percent central financial assistance (CFA) support of around Rs. 25 crore for the scheme through the Ministry of New and Renewable Energy (MNRE).
- The project will be implemented by the Odisha Renewable Energy Development Agency (OREDA).
Incorrect
- The central government has launched a scheme for complete solarisation of Konark Sun Temple and Konark town in Odisha, in a bid to develop the town of Konark as ‘Surya Nagri’.
- Under the scheme, a 10-megawatt (MW) grid-connected solar project will be set up along with various solar off-grid applications such as solar trees and solar drinking water kiosks, and off-grid solar power plants with battery storage.
- The Government of India will provide 100 percent central financial assistance (CFA) support of around Rs. 25 crore for the scheme through the Ministry of New and Renewable Energy (MNRE).
- The project will be implemented by the Odisha Renewable Energy Development Agency (OREDA).
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Question 9 of 10
9. Question
What is the current MSF Rate?
Correct
The marginal standing facility (MSF) rate and the Bank Rate stands at 4.25%
Incorrect
The marginal standing facility (MSF) rate and the Bank Rate stands at 4.25%
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Question 10 of 10
10. Question
RBI has fixed the Bank Rate at ______ percent in its latest MPC meeting
Correct
The marginal standing facility (MSF) rate and the Bank Rate stands at 4.25%
Incorrect
The marginal standing facility (MSF) rate and the Bank Rate stands at 4.25%