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Current Affairs Quiz – 31 July 2020

Current Affairs Quiz 31 July 2020: Based on the Current Affairs and Important News of 31 July 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 31 July 2020. Attempt our daily current affairs quiz on our mobile app too.

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  1. The government has set up the Central Consumer Protection Authority under which section of the Consumer Protection Act, 2019?
    A) Section 10
    B) Section 8
    C) Section 12
    D) Section 6
    View answer
    Option A
    Explanation: 
    The government has set up the Central Consumer Protection Authority (CCPA), under Consumer Protection Act, 2019 with the objective to promote, protect and enforce the rights of consumers. The CCPA has been set up under the section 10 of the Consumer Protection Act, 2019, which came into force on 20 July, 2020.
  2. The World Day Against Trafficking in Persons is celebrated every year on__________
    A) Last Thursday of July
    B) July 31
    C) July 30
    D) Last Friday of July
    View answer
    Option C
    Explanation: 
    The World Day Against Trafficking in Persons is observed every year on July 30. The day was designated by the UN General Assembly in 2013 to raise awareness of the situation of victims of human trafficking and for the promotion and protection of their rights. 
  3. Who has been appointed as the new Managing Director & CEO of ICRA Ltd.?
    A) Ashu Suyash
    B) N Sivaraman
    C) Satish Pillai
    D) Mavila Vishwanathan Nair
    View answer
    Option B
    Explanation: 
    The board of directors of Indian credit rating agency ICRA Ltd has appointed N Sivaraman as the Managing Director & CEO of the Company and CEO of ICRA Group for a period of three years with effect from August 10, 2020. He will replace Naresh Takkar, whose service was terminated in August 2019 and the post was lying vacant since last one year.
  4. India’s first Director-General of Civil Aviation (DGCA)-approved drone training school has been launched in which city?
    A) New Delhi
    B) Hyderabad
    C) Bengaluru
    D) Mumbai
    View answer
    Option D
    Explanation: 
    The Bombay Flying Club (BFC) in Mumbai has become the first Director-General of Civil Aviation (DGCA)-approved drone training school in India. The BFC club’s will now be eligible for conducting remote pilot training for remotely piloted aircraft systems.
  5. Government has further extended the deadline for filing income tax returns for the fiscal 2018-19. What is the new deadline now?
    A) July 31, 2020
    B) August 31, 2020
    C) September 30, 2020
    D) October 30, 2020
    View answer
    Option C
    Explanation:
    The Central Board of Direct Taxes(CBDT) has further extended the deadline for filing income tax returns for the fiscal 2018-19 by two months till 30 September 2020. Earlier, the last date was 31 July 2020.
  6. How much amount has been approved by ADB in its most recent grant to India to support the government’s emergency response to COVID-19 pandemic?
    A) USD 3 million
    B) USD 5 million
    C) USD 2 million
    D) USD 4 million
    View answer
    Option A
    Explanation: 
    Manila-based multilateral funding agency Asian Development Bank (ADB) has approved USD 3 million (about Rs 22 crore) grant to India from its Asia Pacific Disaster Response Fund to further support the government’s emergency response to COVID-19 pandemic. The new grant will be used to procure thermal scanners and essential commodities to strengthen the India’s COVID-19 response.
  7. Green-Ag project has recently been launched in Mizoram, for sustainable transformation of agriculture sector. The project is being funded by which organisation? 
    A) United Nations Environment Programme
    B) Global Environment Facility
    C) Food and Agriculture Organization
    D) United Nations Development Programme
    View answer
    Option B
    Explanation: 
    Green-Ag, a project funded by Global Environment Facility (GEF), which aims to catalyze sustainable transformation of Indian agriculture sector without compromising the country’s food security and farmers’ income, has been launched in Mizoram. Mizoram is among five Indian states where the project will be implemented. The other four states are Madhya Pradesh, Odisha, Rajasthan and Uttarakhand.
  8. SIDBI has recently joined hands with TransUnion CIBIL to launch a comprehensive financial education and knowledge platform under the name____________
    A) MSMESugam
    B) KushalMSME
    C) AtmanirbharMSME
    D) MSMESaksham
    View answer
    Option D
    Explanation: 
    The Small Industries Development Bank of India (SIDBI) has partnered with TransUnion CIBIL to launch a comprehensive financial education and knowledge platform for micro, small and medium enterprises (MSMEs) named MSMESaksham. The portal MSMESaksham, will act as a one-stop knowledge platform to guide MSMEs in seeking seamless and quick access to finance and will also support them in managing their credit obligations.
  9. The Atal Innovation Mission has launched the AIM iCREST, in collaboration with which of these organisations?
    A) UNICEF
    B) World Economic Forum
    C) Bill & Melinda Gates Foundation
    D) USAID
    View answer
    Option C
    Explanation: 
    NITI Aayog’s Atal Innovation Mission (AIM), has launched AIM iCREST, a first of its kind initiative, for advancing innovation to enable the incubation ecosystem, at scale in India. AIM iCREST is an Incubator Capabilities enhancement program for a Robust Ecosystem focused on creating high performing Startups. AIM has collaborated with Bill & Melinda Gates Foundation and Wadhwani Foundation, which will lend credible support and expertise in the entrepreneurship and innovation space.
  10. Who has been appointed as the Chief Commissioner of newly set up Central Consumer Protection Authority (CCPA)?
    A) Nidhi Khare
    B) Vineet Mathur
    C) Pramod K Tiwari
    D) Anupam Mishra
    View answer
    Option A
    Explanation:
    Smt. Nidhi Khare, the Additional Secretary in the Department of Consumer Affairs, has been appointed as the Chief Commissioner of CCPA.
  11. Anil Murali who has passed away was related to which profession?
    A) Journalist
    B) Actor
    C) Author
    D) Economist
    View answer
    Option B
    Explanation: Famous Malayalam actor Anil Murali has passed away due to liver-related ailments. He was 56.
  12. What was the theme of the 2020 World Day Against Trafficking in Persons?
    A) Let’s act now to protect and assist trafficking victims
    B)  First responders to human trafficking.
    C) Human Trafficking: Call Your Government To Action
    D) Committed to the Cause – Working on the Frontline to End Human Trafficking
    View answer
    Option D
    Explanation: The 2020 theme for World Day Against Trafficking in Persons is “Committed to the Cause – Working on the Frontline to End Human Trafficking”.

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