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Current Affairs Quiz – 27 September 2020

Current Affairs Quiz 27 September 2020: Based on the Current Affairs and Important News of 27 September 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 27 September 2020. 

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  1. When is the World Tourism Day observed?
    A) September 27
    B) September 26
    C) September 25
    D) September 24
    View answer
    Option A
    Explanation:
     The World Tourism Day is observed worldwide on September 27 since 1980.  This date was chosen by the United Nations World Tourism Organization as on that day in 1970, the Statutes of the UNWTO were adopted.
  2. Which organisation will develop the Positive Pay System for Cheque Truncation System (CTS), as announced by RBI?
    A) Data Security Council of India
    B) NPCI
    C) NASSCOM
    D) Internet and Mobile Association of India
    View answer
    Option B
    Explanation: 
    The Reserve Bank of India has announced to launch the facility of Positive Pay System for Cheque Truncation System (CTS) i.e the cheques cleared through CTS (movement of the image of cheque in place of physical movement of cheque). Positive Pay in CTS will be developed by NPCI which manages the CTS in India.
  3. What is the rank of India in the World Risk Index (WRI) 2020?
    A) 105
    B) 73
    C) 162
    D) 89
    View answer
    Option D
    Explanation: 
    India has been ranked at 89th position among 181 countries on the World Risk Index (WRI) 2020 which describes the natural disaster risk for various countries and regions.  As per the World Risk Report 2020, India (6.62) was ‘poorly prepared’ to deal with ‘climate reality’, due to which it was more vulnerable to extreme natural disasters.
  4. What is the projected GDP growth of India in 2020-21 as per NCAER?
    A) -12.6%
    B) -11%
    C) -10.9%
    D) -11.7%
    View answer
    Option A
    Explanation: 
    The National Council of Applied Economic Research (NCAER) has projected the GDP growth for the Indian economy at -12.6% For 2020-21 (FY21).
  5. IRDAI has selected 3 of its insurers as Domestic Systemically Important Insurers (D-SIIs) for 2020-21. Identify which of the given insurer is not among them?
    A) General Insurance Corporation of India
    B) Life Insurance Corporation of India
    C) United India Insurance
    D) The New India Assurance Co. Ltd
    View answer
    Option C
    Explanation:
    Insurance Regulatory and Development Authority of India (IRDAI) has chosen the following insurers as Domestic Systemically Important Insurers (D-SIIs) for 2020-21:

    • Life Insurance Corporation of India;
    • General Insurance Corporation of India; and
    • The New India Assurance Co. Ltd.
  6. The 2020 India-Japan Maritime bilateral Exercise (JIMEX-20) is which edition of the biennial naval exercise?
    A) 3rd
    B) 4th
    C) 5th
    D) 2nd
    View answer
    Option B
    Explanation: 
    The fourth edition of the biennial India-Japan Maritime bilateral Exercise (JIMEX) kicked off on 26 September 2020 in the northern Arabia Sea.
  7. Sekhar Basu who has passed away recently was the former chairman of which of these organisations?
    A) Atomic Energy Commission of India
    B) Planning Commission of India
    C) Central Vigilance Commission
    D) Staff Selection Commission
    View answer
    Option A
    Explanation:
    Veteran atomic scientist and former chairman of Atomic Energy Commission of India, Dr Sekhar Basu has passed away after suffering from COVID-19 and kidney ailments. 
  8. With which of these countries has India recently inked an MoU for cooperation in the field of Intellectual Property?
    A) Singapore
    B) Netherlands
    C) Denmark
    D) Belgium
    View answer
    Option C
    Explanation: 
    The Department for Promotion of Industry and Internal Trade(DPIIT) under the Ministry of Commerce and Industry, India has signed a Memorandum of Understanding (MoU) with its Denmark counterpart in the field of Intellectual Property Cooperation. 
  9. The India’s indigenously-made Microprocessor ‘MOUSHIK’ has been developed by which institute?
    A) IIT Kanpur
    B) IIT Delhi
    C) IIT Hyderabad
    D) IIT Madras
    View answer
    Option D
    Explanation: 
    The Researchers at the Indian Institute of Technology (IIT) Madras have come up with an indigenously-made Microprocessor, named ‘MOUSHIK.’
  10. Which among the given institutions has approved USD 300 million loan to finance inclusive water supply and sanitation infrastructure and services in secondary towns of Rajasthan?
    A) Asian Infrastructure Investment Bank
    B) Asian development Bank
    C) New Development Bank
    D) World Bank
    View answer
    Option B
    Explanation:
    Asian Development Bank (ADB) has approved a loan of Rs 2,200 crore (USD 300 million) to finance inclusive water supply and sanitation infrastructure and services in secondary towns of Rajasthan.
  11. India has recently formed a sub working group (SWG) with which country to promote co-development and co-production of high tech weapon systems for exporting them to other friendly countries?
    A) Israel
    B) Russia
    C) France
    D) United States
    View answer
    Option A
    Explanation: 
    India and Israel have formed a new sub working group (SWG) to promote co-development and co-production of high tech weapon systems, and exporting them to other friendly countries.
  12. How much amount has been extended by India to Sri Lanka for the promotion of Buddhist ties between the two countries?
    A) USD 10 million
    B) USD 20 million
    C) USD 15 million
    D) USD 25 million
    View answer
    Option C
    Explanation: 
    Prime Minister of India Shri Narendra Modi has announced a grant assistance of USD 15 million to Sri Lanka for the promotion of Buddhist ties between the two countries.
  13. What was the profession of Isher Judge Ahluwalia who passed away due to brain cancer recently?
    A) Journalist
    B) Economist
    C) Jurist
    D) Sportswomen
    View answer
    Option B
    Explanation: 
    Renowned economist Dr. Isher Judge Ahluwalia has passed away after a 10-month-long battle with brain cancer. She was 74.
  14. When is the UN recognised International Day for the Total Elimination of Nuclear Weapons celebrated globally?
    A) 25 September
    B) 27 September
    C) 26 September
    D) 24 September
    View answer
    Option C
    Explanation: 
    The International Day for the Total Elimination of Nuclear Weapons (or Nuclear Abolition Day) is held every year on September 26 since 2014.
  15. Who represented India at the Informal Meeting of the SAARC Council of Ministers 2020?
    A) Rajnath Singh
    B) Nitin Gadkari
    C) Prakash Javedkar
    D) S. Jaishankar
    View answer
    Option D
    Explanation:
    The Union Minister of External Affairs  of the Republic of India, Dr. S. Jaishankar, represented India in the annual Informal Meeting of the SAARC Council of Ministers on 24th September 2020, held on the sidelines of the UN General Assembly session.
  16. The Positive Pay System will be implemented from _________
    A) 1st January 2021
    B) 1st December 2020
    C) 1st October 2020
    D) 1st November 2020
    View answer
    Option A
    Explanation:
    Positive Pay System will be implemented from January 01, 2021
  17. Which country has topped the World Risk Index (WRI) 2020?
    A) Qatar
    B) Vanuatu
    C) Senegal
    D) South Sudan
    View answer
    Option B
    Explanation: 
    ThePacific island state of Vanuatu leads the index as the country with the highest disaster risk (49.74).Qatar has the lowest risk (0.31).
  18. What is the theme of the 2020 World Tourism Day?
    A) Tourism and Rural Development
    B) Tourism and the Digital Transformation
    C) Tourism and Jobs: a better future for all
    D) Sustainable Tourism – a Tool for Development
    View answer
    Option A
    Explanation: 
    In 2020 the theme of WTD is ““Tourism and Rural Development””.
  19. NCAER projects the GDP of India at ________ percent for 2021-22
    A) 5%
    B) 8%
    C) 6%
    D) 7%
    View answer
    Option D
    Explanation: 
    For 2021-22, NCAER projects the GDP of India to grow by 7%. 
  20. The Positive Pay facility will be made available to the customers by banks in case where the amount of cheque is ___________ and above.
    A) Rs 75,000
    B) Rs 1 lakh
    C) Rs 50,000
    D) Rs 2 lakh
    View answer
    Option C
    Explanation:
    Banks are required to make this facility available to the customers where the amount of cheque is Rs. 50,000 and above.

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