Daily GK and Current Affairs Quiz – 11th August 2020

Correct Answer: D. Pradeep Kumar Joshi

Explanation: Educationist Professor, Pradeep Kumar Joshi has appointed as the chairman of the Union Public Service Commission (UPSC). He will succeed Arvind Saxena who completes his term as UPSC chairman. Joshi, who was the chairman of both Chhattisgarh and Madhya Pradesh Public Service Commissions, joined the UPSC as member in May 2015. His tenure as the chairman of the UPSC will be till May 12, 2021.

Correct Answer – B. Gujarat

Explanation: Gujarat Government announced the New Industrial Policy 2020 for the State, with an expected average annual outlay of up to Rs 8,000 crore, which is meant to provide incentives to the industries. It aims to provide an estimated Rs 40,000 crore as subsidies to industries in the next 5 years. The new policy is in line with the Atma Nirbhar Bharat Abhiyan. It replaces the Gujarat Industrial Policy 2015. Under the new policy Gujarat will become the 1st state to “delink incentives from State Goods and Service Tax (SGST)”, where Large industries will be provided up to 12% of fixed capital investment (FCI) to set up manufacturing operations in the state in form of capital subsidy.

Correct Answer – D. Meghalaya

Explanation: Conrad Kongkal Sangma, Chief Minister of Meghalaya informed the cabinet’s approval for the passage of the “Policy on Reservation of seats for Women in Village Employment Councils(VECs)”, the policy of reserving 50% seats for women in the village level community institutions. This policy ensures the empowerment of Women by establishing a forum for women to exercise their leadership and freedom.

Correct Answer – C. SBM Bank India

Explanation SBM Bank (India) Limited (SBM Bank India)has collaborated with InstaReM to enhance the existing outbound remittance service offerings from India, including introduction of new remittance corridors, increased frequency of transactions for outbound Transactions and improved delivery timings for transfers. Through this collaboration the users of SBM Bank India and InstaReM can remit money to more markets(over 100 corridors) where InstaReM exists, 65 of which are in real time. Through this partnership, SBM Bank India will be the licensed banking partner for InstaReM and gain access to United States, Canada, Australia, Europe, Singapore, Malaysia and Hong Kong. SBM Bank India will also utilise the payment rails of InstaReM to facilitate last mile outbound transfer deliveries for the users in India.

Correct Answer – A. Rajasthan

Explanation: The Rajasthan government is going to start with the ‘Indira Rasoi Yojana’ in urban areas of the state from August 20, in which poor and needy people will get nutritious food for just Rs. 8, said Chief Minister Ashok Gehlot.

Correct Answer – B. Uttar Pradesh

Explanation: India’s homegrown e-commerce marketplace, Flipkart has signed an MoU with One District, One Product (ODOP) scheme of the Government of Uttar Pradesh. The MoU will bring the artisans, weavers and craftsmen under the ODOP scheme into the scope of the “Flipkart Samarth” initiative. This will provide artisans, weavers and craftsmen under the ODOP scheme a momentum to expand their business online as they face social and economic challenges. The Flipkart Samarth initiative will offer various services to artisans, weavers and craftsmen such as training, dedicated space in Flipkart’s fulfilment centres, constant seller support along with cataloguing guidance and visibility on the platform. With help of this, these under-served communities from UP will get a push to showcase their specialized products and crafts to millions of customers across the country.

Correct Answer – D. Indonesia

Explanation: Mount Sinabung on Sumatra Island in Indonesia erupted on August 10, firing ash and volcanic materials as high as 5000 meters into the sky. It was the second eruption of the volcano in as many days. There was no fatality or casualty reported due to this eruption of the volcano. It is one of the 120 active volcanoes in the country and it is also prone to seismic activity on the Pacific Ring of Fire, a ring of volcanoes and moving fault lines surrounding the Pacific Ocean. Mount Sinabung had been inactive for centuries together but it first erupted recently in 2010. Since then, it has erupted multiple times till the recent one.

Correct Answer – D. KN Ananthapadmanabhan

Explanation: Indian Umpire, KN Ananthapadmanabhan has been included in ICC’s international panel of umpires following compatriot Nitin Menon’s promotion to the elite panel. Ananthapadmanabhan played 105 First-Class and 54 List A games for Kerala, taking 344 and 87 wickets respectively. He also scored three First-Class hundreds and eights half-centuries. Ananthapadmanabhan has officiated in all major domestic events including the IPL. He also was the official in the Ranji Trophy final between Bengal and Saurashtra last year and even stood at both ends for a while after Shamshuddin got injured. The former Kerala spinner joins fellow Indians C Shamshuddin, Anil Chaudhary and Virender Sharma in the international panel and is now eligible to officiate in the ODI and T20 internationals apart from umpiring in the junior World Cup.

Correct Answer – B. Harsh Kumar Bhanwala

Explanation:  Financial Services Platform, Capital India Finance Limited (CIFL) has appointed Ex-NABARD Chief Harsh Kumar Bhanwala as its Executive Chairman. Dr. Harsh Kumar Bhanwala took charge as Executive Chairman from August 06, 2020. Dr. Bhanwala is a PhD holder and did his Post Graduation degree in Management from Indian Institute of Management (IIM), Ahmedabad. He was Chairman of National Bank for Agriculture and Rural Development (NABARD) from December 2013 till May 2020. He was the Managing Director of Delhi State Cooperative Bank Ltd (DSCB) during its turnaround period from 1999 to 2005.

Correct Answer – A. O.P. Jindal Global University

Explanation: Ramesh Pokhriyal ‘Nishank’, Union Minister for Education inaugurated the global conference on “Reimagining and Transforming the University: Confluence of Ideas during and Beyond the COVID-19 Disruption” hosted by O.P. Jindal Global University (JGU) and International Institute for Higher Education Research and Capacity Building (IIHEd) on 6th and 7th August 2020.

Correct Answer – A. India

Explanation: The International Cricket Council has confirmed that the ICC Men’s T20 World Cup 2020 that was postponed due to Covid-19 will be held in Australia in 2022. India will host the ICC Men’s T20 World Cup 2021 as planned. ICC has also decided to postpone the ICC Women’s Cricket World Cup 2021 in New Zealand till February-March 2022 because of the impact the Covid-19 pandemic has had on cricket globally.

• The format of the ICC Men’s T20 World Cup 2021 will remain as it was for 2020 and all teams that qualified for that event will now participate in India in 2021.
• A new qualification process will be run for the ICC Men’s T20 World Cup 2022.
• The format of the postponed ICC Women’s Cricket World Cup will remain as it was for 2021.
• Five teams have already qualified for the event and that will stand for 2022.
• The original global qualification event to determine the final three teams to contest the ICC Women’s Cricket World Cup was scheduled to be held in Sri Lanka in July 2020, but this was postponed due to COVID-19. The qualification event will now be held in 2021.

Correct Answer – C. Hardayal Prasad

Explanation: PNB Housing Finance has announced the appointment of the former SBI Card head, Hardayal Prasad as its new managing director and chief executive officer. Prasad will take over from, Neeraj Vyas the current interim managing director and chief executive officer of the company, will step down from the position on August 10. Prasad is experienced in banking, international operations at SBI and SBI Cards and Payment Services (SBI Card). He resigned from the post of MD and CEO of SBI Card pursuant to voluntary retirement from SBI, the promoter of SBI Card on 15th July 2020 which came to effect on 31st July 2020.

Correct Answer – D. West Bengal

Explanation: A prominent culture historian and exponent of MewatiGharana, Mukund Lath passed away at the age of 82 on 6th August 2020 in Jaipur. He was born on 9th October 1937 in Kolkata (West Bengal). He was awarded India’s fourth-highest civilian honor, the Padma Shri, in 2010 for his contributions to the field of arts and cultural history. Some of his works on performing arts are: ‘A Study of Dattilam: A Treatise on the Sacred Music of Ancient India’ (1978), ‘SangitaevamChintan’ (1992), and ‘Transformation as Creation’ (1998).

Correct Answer: B. Sportsman

Explanation: Former India defender and Mohun Bagan captain Manitombi Singh passed away. He played for Mohun Bagan and was part of the Hindustan FC team that won the Delhi Soccer Association league title in 2010. Manitombi played for India in the 2002 LG Cup in Vietnam. It was Stephen Constantine’s first tournament as head coach and ended the senior national team’s 31-year wait for a title. He was also part of the India squad in the 2002 Busan Asian Games.