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Current Affairs Quiz – 30 March 2020

Current Affairs Quiz 30 March 2020: Based on the Current Affairs and Important News of 30 March 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 30 March 2020. Attempt our daily current affairs quiz on our mobile app too.

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  1. The Centre has constituted a PM CARES Fund to deal with any kind of emergency or distress situation, like posed by the COVID-19 pandemic. Which bank is the account manager of this fund?
    A) State Bank of India
    B) Punjab National Bank
    C) Canara Bank
    D) Union Bank of India
    View answer
    Option A
    Explanation:
    The Government of India has set up a public charitable trust under the name of ‘Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund’ (PM CARES Fund)’ on 28 March 2020. Prime Minister is the Chairman of this trust while Defence Minister, Home Minister and Finance Minister are its other members. The country’s largest lender, State Bank of India (SBI) will be hold the account of the PM Cares Fund.
  2. Government has formed a ministerial-level committee to mitigate supply chain problems in the country amid the situation of lockdown due to COVID-19. Who is the head of this committee?
    A) Rajnath Singh & Narendra Singh Tomar
    B) Nirmala Sitharaman & Rajnath Singh
    C) Narendra Singh Tomar & Amit Shah
    D) Rajnath Singh & Amit Shah
    View answer
    Option D
    Explanation: 
    The government has formed a ministerial-level committee to mitigate supply chain problems as India during this lockdown period. The committee will be headed by Defence Minister Rajnath Singh and Home Minister Amit Shah. 
  3. With effect from next fiscal, i.e 1 April 2020, how many PSB banks will be merged into four PSBs?
    A) 6
    B) 10
    C) 12
    D) 8
    View answer
    Option B
    Explanation: 
    The Reserve Bank of India has announced that the schemes for the merger often state-run banks into four banks will take effect from 1 April 2020. The banking regulator has also announced that the branches of merging banks will operate as the branch of the banks in which these have been amalgamated, from the beginning of next fiscal year 2020-21. After the merger, the total number of PSBs will be reduced to 12 from 27 PSBs, including 7 large PSBs and 5 small PSBs. 
  4. Recently an Insurance Scheme for Health Workers Fighting COVID-19’ has been announced by the government. The scheme will provide an insurance cover of ________ amount to healthcare providers for a period of 90 days.
    A) Rs 20 lakh
    B) Rs 40 lakh
    C) Rs 50 lakh
    D) Rs 30 lakh
    View answer
    Option C
    Explanation: 
    Government has approved Insurance Scheme for Health Workers Fighting COVID-19’ as announced under the Pradhan Mantri Garib Kalyan Package. The following conditions exists: The scheme will provide an insurance cover of Rs. 50 lakh for ninety days (90) to a total of around 22.12 lakh public healthcare providers. It will also include accidental loss of life on account of contracting COVID-19. 
  5. When is the Earth Hour observed across the globe annually?
    A) Last Saturday of March
    B) March 28
    C) Last Sunday of March
    D) March 29
    View answer
    Option A
    Explanation: 
    Every year, the Earth Hour is celebrated worldwide on the last Saturday of the March month to show support for fight against climate change and commitment towards better planet. Earth Hour 2020 is scheduled for March 28, 2020. The Day is a worldwide movement organized by the World Wide Fund for Nature (WWF), encouraging individuals, communities, corporates, and households to turn off their lights for one hour, from 8:30 to 9:30 p.m. 
  6. Who among these has developed the first Made in India Covid-19 testing kit?
    A) Amit Prakash Sharma
    B) Balram Bhargava
    C) Minal Dakhave Bhosale
    D) Madhu Bala Singh
    View answer
    Option C
    Explanation:
    Pune-based molecular diagnostics company, Mylab Discovery Solutions Pvt Ltd, has developed the first Made in India Covid-19 testing kit called the Mylab PathoDetect COVID-19 qualitative PCR (Polymerace chain reaction) kit. The discovery has been made by the team which was headed by virologists Minal Dakhave Bhosale, the research and development Chief of Mylab Discovery. She is now being known as ‘The woman behind India’s first COVID-19 testing kit’.
  7. How much amount has been raised by the State Bank of India through the green bonds in 2019-20?
    A) USD 200 million
    B) USD 100 million
    C) USD 150 million
    D) USD 75 million
    View answer
    Option B
    Explanation: 
    State Bank of India has raised USD 100 million green bonds, the first such bond by any state-owned bank in this fiscal. The bonds were priced at 3M Libor + 8
  8. Government has notified the amendment of which of these schemes to invoke the Employees Provident Fund (Amendment) scheme, 2020, allowing the withdrawal of non-refundable advance by the EPF members in the event of lockdown to fight COVID-19 pandemic.
    A) Employees’ Provident Funds (EPF) Scheme 1961
    B) Employees’ Provident Funds (EPF) Scheme 1949
    C) Employees’ Provident Funds (EPF) Scheme 1952
    D) Employees’ Provident Funds (EPF) Scheme 1958
    View answer
    Option C
    Explanation: 
    The Union Ministry of Labour and Employment has issued notification to amend the Employees’ Provident Funds (EPF) Scheme 1952 to allow withdrawal of non-refundable advance by the EPF members in the event of lockdown to fight COVID-19 pandemic. For this, the amended scheme Employees Provident Fund (Amendment) scheme, 2020, has come into force from March 28, 2020. The amendment will permit withdrawal, upto the amount of basic wages and dearness allowance for three months or upto 75% of the amount standing to member’s credit in the EPF account, whichever is less, in the event of outbreak of epidemic or pandemic. 
  9. Who among these has won the Best Actor Critics’ Choice Film Awards 2020?
    A) Varun Dhawan
    B) Shahid Kapoor
    C) Tiger Shroff
    D) Ranveer Singh
    View answer
    Option D
    Explanation: 
    Best Actor (Male) – Ranveer Singh (Gully Boy), Best Actor (Female) – Geetika Vidya Ohlyan (Soni), Best Director – Zoya Akhtar (Gully Boy), Best Film – Gully Boy, Best Writing – Anubhav Sinha and Gaurav Solanki (Article 15)
  10. Name the winner of the Hindu Literary Prize for 2019 in Non-Fiction category?
    A) Santanu Das
    B) Amitabha Bagchi
    C) Neelum Saran Gour
    D) Srinath Raghavan
    View answer
    Option A
    Explanation:
    The Hindu Prize 2019 (Non-Fiction category)– Santanu Das For -India, Empire, and First World War Culture: Writings, Images and Songs.
  11. Who is the winner of Critics’ Choice Film Awards 2020 Best Director?
    A) Zoya Akhtar
    B) Farah Khan
    C) Karan Johar
    D) Anurag Kashyap
    View answer
    Option A
    Explanation: Critics’ Choice Film Awards 2020 Best Director – Zoya Akhtar (Gully Boy)
  12. Name the winner of the Hindu Literary Prize for 2019 in Fiction category?
    A) Aanchal Malhotra
    B) Perumal Murugan
    C) Anjum Hasan
    D) Mirza Waheed
    View answer
    Option D
    Explanation:
    The Hindu Prize 2019 (Fiction category)– Mirza Waheed For- Tell Her Everything
  13. What will be the total number of Public Sector Banks (PSBs) in India from 1 April 2020?
    A) 18
    B) 27
    C) 12
    D) 7
    View answer
    Option C
    Explanation: After the merger, the total number of PSBs will be reduced to 12 from 27 PSBs, including 7 large PSBs and 5 small PSBs.
  14. Which among the given mergers is not correct with respect to PSBs?
    A) Oriental Bank of Commerce + United Bank of India into Punjab National Bank
    B) Syndicate Bank into Canara Bank.
    C) Allahabad Bank into Corporation Bank
    D) Andhra Bank + Corporation Bank into Union Bank of India
    View answer
    Option C
    Explanation: 
    Oriental Bank of Commerce and United Bank of India will merge with Punjab National Bank (PNB) branches. Syndicate Bank will merge with Canara Bank. Andhra Bank and Corporation Bank will merge into Union Bank of India. Allahabad Bank will merge into Indian Bank.
  15. Where is the headquarter of World Wide Fund for Nature (WWF) based?
    A) Washington DC
    B) Gland
    C) London
    D) Paris
    View answer
    Option B
    Explanation:
    The Earth  Hour Day is a worldwide movement organized by the World Wide Fund for Nature (WWF), encouraging individuals, communities, corporates, and households to turn off their lights for one hour, from 8:30 to 9:30 p.m.

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