ENGLISH QUIZ 28.08.2020

1.Which state has the highest number of women beneficiaries under Mudra loan scheme?

A. Tamil Nadu

B. Assam

C. Karnataka

D. Kerala

2.Who inaugurated 45 highway projects worth over Rs 11,000 crore?

A. Rajnath Singh

B. Nitin Gadkari

C. Amit Shah

D. Manoj Sinha

3.Who has authored the book on cancer titled “Gastric Cancer”, released by Union Minister, Jitendra Singh?

A. Vinod Raina

B. Rahul Bhargava

C. Ashok K. Vaid

D. Manas Kalra

4.Which becomes the first bank in India to use satellite data to assess the creditworthiness of farmers?

A. HDFC Bank

B. Axis Bank

C. IndusInd Bank

D. ICICI Bank

5.Famous personality Pascal Lissouba passed away recently; he was president of which country?

A. Congo

B. Ghana

C. Morocco

D. Zambia

ANSWERS:-

Answer: 1)A

Explanation

According to the latest data provided to the Rajya Sabha by the Finance Ministry, more than 15 crore loans worth Rs 4.78 lakh crore have been given to women since the launch of Pradhan Mantri Mudra Yojana (PMMY). Tamil Nadu tops the list of women beneficiaries in states with a loan of Rs 58,227 crore.

The loans provided by other states are as follows

West Bengal: Rs 55,232 crores

Karnataka: Rs 47,714 crores

Bihar: Rs 44,879

Maharashtra: Rs 42,000 crores

All the above states have received 52% of MUDRA loans for women. The loans were availed to activities allied to agriculture, services, trading, processing, manufacturing, etc. Of the total number of loans provided under MUDRA scheme, 70% of borrowers were women.

About Pradhan Mantri MUDRA Yojana

• Pradhan Mantri MUDRA Yojana was launched in 2015 to provide loans to non-corporate, small and micro-enterprises.
• Under the scheme, loans up to Rs 10 lakhs are provided.
• The loans are given by Regional Rural Banks, Commercial banks, Small Finance Banks, Non-Banking Financial Corporations, Micro-Financial Institutions.

Answer: 2)B

Explanation

Union Minister for Road Transport, Highways and MSMEs Shri Nitin Gadkari will lay foundation stone of and inaugurate 45 highway projects in Madhya Pradesh tomorrow. Chief Minister Shri Shivraj Singh Chauhan will preside over the virtual function, to be attended by Union Ministers Shri Thavarchand Gehlot and Shri Narendra Singh Tomar, MoSs Shri Prahlad Singh Patel, Shri Faggan Singh Kulaste and Gen (Dr) V K Singh(Retd), Ministers from the State, several MPs, MLAs and senior officers from the Centre and the State.

Key Highlights:

• Currently, in Madhya Pradesh, the ministry has been working on projects worth about Rs. 1.5 lakh crores.
• On the completion of the projects, the picture of the state will entirely change.
• Nitish Gadkari also announced road projects that are worth Rs. 7,000 crores in Madhya Pradesh.
• With the improvement in roads, the movement of goods and people to and from the state has also been improved substantially, especially with the neighbouring states of Uttar Pradesh, Rajasthan, and Chhattisgarh.
• The event was addressed virtually by the Union Ministers Narendra Singh Tomar, Thavarchand Gehlot, Gen (Dr.) VK Singh, Prahlad Singh Patel.
• MPs and MLAs of the concerned areas and senior officers from centre and state also attended the function.

Answer: 3)C

Explanation

Union Minister, Jitendra Singh has released a book on cancer titled as ‘Gastric Cancer’ edited by noted Oncologist and Padma Shree recipient Ashok K. Vaid. The book is released during 3-day virtual conference on Oncology. It is published by Springer Healthcare education. The book is being released after the rise in non-communicable diseases specially cancer cases in the nation. The 3 day conference on Oncology also focused on a shift on non communicable diseases.

Answer: 4)D

Explanation

ICICI Bank uses satellite data(imagery from Earth observation satellites) to assess credit worthiness of farmers. ICICI Bank has become the 1st bank in India to use such a technique to measure an array of parameters related to the land, irrigation and crop patterns and use it in combination with demographic and financial parameters to make quick lending decisions for farmers.

Advantages of using Satellite Data:

• The satellite data with demographic and financial details provides strong information on the land asset of the farmers.
• Usage of this technology will help farmers with existing credit to expand their eligibility and help new-to-credit farmers to get better access to formal credit.
• It is also expected to cut the time of providing credit, as land verification with the help of satellite data is done in a non-contact manner, and credit assessments are made within a few days as against the industrial practice of up to 15 days.

ICICI Bank

• ICICI Bank Headquarters: Mumbai, Maharashtra.
• ICICI Bank MD & CEO: Sandeep Bakhshi.
• ICICI Bank Tagline: Hum Hai Na, Khayal Apka.

Answer: 5)A

Explanation

Former President of the Republic of Congo, Pascal Lissouba passed away. He became the minister of agriculture in 1960 after Congo became an independent country. He served as the president from 1992 to 1997. He served as the Prime minister under the Presidency of Alphonse Massamba Debat. The high court of Justice in the Republic of Congo sentenced Pascal Lissouba in absentia to 30 years forced labour for treason and corruption in 2001.

The Republic of Congo President: Denis Sassou Nguesso.

The Republic of Congo Prime Minister: Clément Mouamba.

The Republic of Congo Capital: Brazzaville.