ENGLISH QUIZ 17.06.2020

1.What is the objective of the recently launched ‘Sahakar-Mitra’ programme?

A. To provide paid internship to professionals

B. To provide the farmers a fair price for their produces

C. To provide credits to farmers at low interest rates

D. To provide easy credits to ASHA workers

2.Who has been appointed as the chief executive officer (CEO) of UTI Asset Management Company (AMC)?

A. Leo puri

B. Imtiazur Rahman

C. Pk Mohanty

D. Javed Iqbal Wani

3.Who was world’s oldest living first-class cricketer who died at the age of 100 in June 2020?

A. Narendra Setty

B. Amit Rai

C. Vasant Raiji

D. Naresh Gaikwad

4.Who has been appointed as the brand ambassador of Patna’s Khadi Mall by the Government of Bihar?

A. Sonu Sood

B. Rohit Sharma

C. Manushi Chillar

D. Pankaj Tripathi

5.Export-Import Bank of India (EXIM Bank) has provided a line of credit (LOC) of $215.68 million to which country for Drinking Water Supply Scheme?

A. Malawi

B. Tanzania

C. Senegal

D. Congo

6.World Wind Day or Global Wind is observed every year on which date?

A. 10 June

B. 15 June

C. 12 June

D. 13 June

7.Who has won the QualityNZ Culinary Cup 2020 recently?

A. Ranjan Singh

B. Rabin Singh

C. Chef Angad Singh Rana

D. None of these

8.Consider the following statements related to P K Mohanty Committee:

1.The Reserve Bank of India (RBI) has recently constituted a five-member Internal Working Group               under RBI executive director P.K. Mohanty to review extant ownership guidelines and corporate               structure for ‘Indian Private Sector Banks’.

2.The committee will submit its report by 20th September 2020.

Which of the above statement/statements are correct?

A. 1 only

B. 2 only

C. Both 1 and 2

D. Neither 1 nor 2

9.Consider the following statements related to First estimated ‘gaur’ population practice:

1.The first Population Estimation Exercise was conducted by the Nilgiris Forest Division (Nilgiris                 Forest Division) which was conducted in February this year.

2.In the year 2018, incidents of killing three people and injuring many were witnessed by Bharatiya             Gaur.

3.The common name of this mammal is Indian Gaur; Gaur and scientific Name is Bos gaurus.

Which of the statements given above is/are correct?

A. 1 and 2 are correct

B. 1 and 3 are correct

C. 2 and 3 are correct

D. All of the above

10.Consider the following statements:

1.India’s first infectious disease diagnostic lab now ready.

2.The newly built disease diagnostics lab can easily test RT-PCR about 50 per day and ELISA about              200 per day.

Which of the above statement/statements are correct?

A. 1 only

B. 2 only

C. Both 1 and 2

D. Neither 1 nor 2

ANSWERS:-

Answer: 1)A

Explanation

Recently, the Ministry of Agriculture & Farmers’ Welfare has launched a Scheme on Internship Programme (SIP) i.e. Sahakar Mitra. NCDC has been proactive in delivering innovative solutions to the cooperative sector. The scheme will provide the young professionals with an opportunity for practical exposure and learning from the working of NCDC and cooperatives as a paid intern. Sahakar Mitra would also provide an opportunity for professionals from academic institutions to develop leadership and entrepreneurial roles through cooperatives as Farmers Producers Organizations (FPO).

Who can apply for the Sahakar scheme?

• Under the Sahakar Scheme, the professional graduates in a discipline such as IT, Agriculture and allied areas, etc.
• will be eligible for the internship. Professionals who have been pursuing or have completed their MBA degrees in Cooperation finance, Agri-Business, Forestry, International Trade, Project Management, Rural Development, etc. will also be eligible for the scheme.
• Online Application Portal for the Internship application which is available on the NCDC website was also launched by the Union Minister.

Answer: 2)B

Explanation

Imtaiyazur Rahman has been appointed as the CEO of UTI Asset Management Company. He was serving as acting CEO of UTI Mutual Fund from past 2 years after Leo Puri’s term ended. His appointment will bring stability to the company and it will launch its first IPO shortly addressing SEBI’s concern. The AMC has already filed Draft Red Herring Prospectus (DRHP) with SEBI in December 2019 to protect investor’s interest in shareholding.

HQ: Mumbai

Founded: 2003

Answer: 3)C

Explanation

India’s oldest First Class cricketer Vasant Raiji passed away at his home. He had turned 100 in January. He is survived by his wife and two daughters. He was a right-handed batsman and played nine first-class matches in the ‘1940s and scored a total 277 runs. He was the opener of Bombay and Baroda team in the Ranji Trophy and was a reserve for the Hindus team in the 1941 Bombay Pentangular. After John Manners death, he was declared as the oldest living first class cricketer in the world.

Answer: 4)D

Explanation

Bollywood actor Pankaj Tripathi has been appointed as the brand ambassador of Bihar Khadi by the state government. In November last year, Chief Minister CM Nitish Kumar inaugurates country’s first Khadi Mall in Patna. The Khadi Village Industries Board has instructed all Khadi institutions to produce new designs of Khadi garments to increase production and sales. The Madhubani Khadi of the state is being promoted throughout the country.

Answer: 5)A

Explanation

Exim Bank of India has extended a nearly $216-million (1,640 crore) line of credit to Malawi on behalf of the Indian government, in a humanitarian gesture also aimed at improving relations with the African country amid increasing importance of geopolitics.

Exim Bank’s assistance to Malawi so far:

• With the signing of the above LOC Agreement, five loan facilities worth $ 395.68 million have been provided by the Exim Bank to the Government of Malawi so far.
• In addition to this, Exim Bank till now has provided 260 credit facilities totaling $ 25.68 billion to 62 countries in Africa, Asia, Latin America and the CIS (Commonwealth of Independent States) nations such as Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, and Uzbekistan.

About Exim bank:

• Headquarters– Mumbai, Maharashtra.
• Managing Director (MD) & Chief Executive Officer (CEO)- David Rasquinha.
• Act– Export-Import Bank of India Act 1981.

About Malawi:

• Capital– Lilongwe
• Currency– Malawian kwacha
• President– Peter Mutharika

Answer: 6)B

Explanation

Global Wind Day is a worldwide event that occurs annually on 15 June. The event is celebrated to spread awareness about wind energy, the various uses of wind energy, and the ways and possibilities as to how wind energy can help change the world. EWEA established the day as Wind Day in the year 2007 and later in 2009, EWEA (European Wind Energy Association) and GWEC (Global Wind Energy Council) teamed up with aims to coordinate the events globally and the name was changed to World Wind Day. Global Wind Day began in Europe in 2007 and globally in 2009.

Answer: 7)C

Explanation

Chef Angad Singh Rana has won QualityNZ Culinary Cup 2020. The award was announced by Cricket legend and Chennai Super Kings coach Stephen Fleming. Chef Angad Singh Rana grabbed the QualityNZ Culinary Cup 2020 alongside INR 50,000 worth of QualityNZ lamb and seafood and a Weber BBQ valued at over INR 46,000. This award is the New Zealand’s first ‘Virtual’ Chef competition – the ‘Quality NZ Culinary Cup’ held in India. The competition had quite 120 entries of which were shortlisted as finals. The panel of judges included the heads of the Culinary Association, Chef Davinder Kumar, Chef Salil Fadnis, Chef Jugesh Arora and Stephen Fleming.

Answer: 8)A      

Explanation

The Reserve Bank of India (RBI) has recently constituted a five-member Internal Working Group under RBI executive director P.K. Mohanty to review extant ownership guidelines and corporate structure for ‘Indian Private Sector Banks’. The bank licensing rules mandated that a private bank’s promoter will need to pare holding to 40% within three years, 20% in 10 years and to 15% in 15 years.

The rules on promoter holding have changed over the years.

About the Committee

• The committee will submit its report by 30th September 2020.

Terms of Reference of the Committee are:

• The group will examine the existing licensing guidelines and regulations on ownership and control of private sector banks.
• It will also suggest appropriate norms, keeping in mind the issue of excessive concentration of ownership and control.
• It will also examine and review the eligibility criteria for individuals or entities to apply for a banking license and review the promoter shareholding norms at the initial licensing stage.
• It will also study the current regulations on holding of financial subsidiaries through a non-operative financial holding company (NOFHC) and suggest steps to migrate all banks to a uniform regulation.

Need for examination

• The need to examine the current guidelines on ownership comes after large shareholders of private sector banks sought RBI’s permission to raise their stakes beyond the permitted 15%.
• Top on the list was the Hindujas, promoters of IndusInd Bank, who wanted to increase their stakes in the bank.

Answer: 9)B

Explanation

The first Population Estimation Exercise was conducted by the Nilgiris Forest Division (Nilgiris Forest Division) which was conducted in February this year. The Gaur is the State Animal of Goa and Bihar.

About Gaur

• The common name of this mammal is Indian Gaur; Gaur and scientific Name is Bos gaurus.

Habitat

• Gaurs are found on the forested hills and grassy areas of the south to south-east Asia.

Distribution

• They are found in India, China, Thailand, Malaysia, Bangladesh, Bhutan, and Nepal.
• he Western Ghats in southern India constitute one of the most extensive extant strongholds of gaur, in particular in the Nagarhole –Wayanad –Mudumalai – Bandipur complex.

Why the need for careful population practice?

• In the last few years, there have been incidents of confrontation between Indian Gaur and humans along with other major organisms in the surrounding areas of Nilgiri Division such as Coonoor, Udgamandalam, Kotagiri and Kundah.
• This necessitated an assessment of Gaur’s growing population near human habitation.
• In the year 2019, incidents of killing three people and injuring many were witnessed by Bharatiya Gaur.

Conservation status

• It is listed in the Schedule I of the Wild Life Protection Act, 1972.
• It is listed in CITES Appendix I.
• It is listed as Vulnerable as per the IUCN Red List.

About Nilgiris district

• The Nilgiris district is in the southern Indian state of Tamil Nadu.
• Nilgiri or Blue Mountains is the name given to a range of mountains spread across the borders among the states of Tamil Nadu, Karnataka and Kerala.
• The Nilgiri Hills are part of a larger mountain chain known as the Western Ghats.
• Their highest point is the mountain of Doddabetta, height 2,637 m.
• Nilgiris district ranked first in a comprehensive Economic Environment index ranking districts in Tamil Nadu (not including Chennai) prepared by the Institute for Financial Management and Research in August 2009.

Answer: 10)C      

Explanation

India’s first infectious disease diagnostic lab is now ready. This rapid response mobile labrotary is part of government Aatmnirbhar Bharat. This labrotary was built in a record time of eight days from the date of receipt of Automotive Chassis, from Bharat Benz.

About the lab:

• The first infectious disease diagnostics lab is a BSL-2 facility that has Biochemistry analysers, real-time reverse transcription-polymerase chain reaction (RT-PCR), and on-site Elisa.
• Elisa is a technology designed for quantifying and detecting soluble substances such as proteins, antibodies, peptides, and hormones.
• The newly built disease diagnostics lab can easily test RT-PCR about 50 per day and ELISA about 200 per day.
• The lab has been built in the recorded time of just 8 days.