Daily GK & Current Affairs Quiz - 12th May 2020
Daily GK & Current Affairs Quiz - 12th May 2020

Daily GK & Current Affairs Quiz – 12th May 2020

Today Current Affairs Quiz. Important Current Affairs Questions – May 2020. Monthly Current Affairs PDF. Latest Current Affairs Questions for Banking and Insurance Exams 2020. Welcome to the Let’s Study Together online Current Affairs section. If you are preparing for Banking & Insurance, SSC, Railways and other competitive exams, you will come across a section on the Current Affairs. Here we are providing you “Current Affairs Quiz – 12th May 2020″ in PDF format based on the current events for your daily practice.

This “Current Affairs Quiz – 12th May 2020″ is also important for other banking exams such as LIC AAO, IBPS PO, IBPS Clerk, SBI PO/Clerk, IBPS RRB Officer, IBPS RRB Office Assistant, IBPS SO, SBI SO, SSC , Railways and other competitive exams.

Current Affairs Today 12th May 2020 | Daily GK & Current Affairs Updates | Read News Here

Current Affairs Quiz – 12th May 2020 


1. Who has been appointed as the Chief Risk Officer at YES bank?

  1. Ashish Agarwal
  2. Aditya Puri
  3. Prashant Kumar
  4. Neeraj Dhawan
  5. Rana Kapoor

Show Correct Answers

Correct Answer– D. Neeraj Dhawan

Explanation

  • Yes Bank has designated Neeraj Dhawan as its central hazard official with a quick impact.
  • The board of directors appointed him as the chief risk officer of the bank for a period of three years.
  • He will replace Ashish Agarwal.
  • MD & CEO-Prashant Kumar
  • HQ-Mumbai, Maharashtra

2. Who among the following is the author of ‘Finding Freedom: Harry and Meghan and the Making of A Modern Royal Family?

  1. Omid Scobie
  2. Carolyn Du
  3. Both A and B
  4. Chris Ship
  5. Both B and C

Show Correct Answers

Correct Answer– C. Both A and B

Explanation

  • Royal reporters Omid Scobie and Carolyn Dur will be releasing biography on the lives of Prince Harry and Meghan Markle by the name ‘Finding Freedom: Harry and Meghan and the Making of A Modern Royal Family.’
  • It will be released on 11 August 2020.
  • The authors of the book were members of the select group of reporters that cover the British Royal Family and their engagements.
  • The book claims to go beyond the headlines to reveal details of the couple.
  • It will provide a glimpse into the lesser known aspects of their romance and decision to go their separate way from Buckingham Palace.

3. When does India observe its National Technology Day?

  1. 11 May
  2. 9 May
  3. 10 May
  4. 6 May
  5. 7 May

Show Correct Answers

Correct Answer– A. 11 May

Explanation

  • India observed its 29th National Technology Day in 2020 and this term was coined by late PM Atal Bihari Vajpayee.
  • This day is the reminder of India’s technological advancements.
  • National Technology Day was first observed on May 11, 1999 to commemorate the achievements of Indian scientists and engineers.
  • Every year since 1999, the Technology Development Board (TBD) celebrates this day by awarding individuals for their scientific contributions to India.

4. Whose biography is the book-The Life of a Kargil War Hero?

  1. Capt. Vikram Batra
  2. Col. Vijyant Thapar
  3. Major Vivek Gupta
  4. Major Padmapani Acharya
  5. Major Rajesh Adhikari

Show Correct Answers

Correct Answer– B. Col. Vijyant Thapar

Explanation

  • The book titled as ‘Vijyant at Kargil: The Life of a Kargil Hero’ authored by Vijyant’s father Colonel VN Thapar and writer Neha Dwivedi was released.
  • Neha Swivedi is a Kargil war martyr’s daughter, an Armoured Corps Officer’s wife and a doctor by profession.
  • The book is published by Penguin Random House.
  • It describes the journey of Vijyant Thapar to join the Indian Military Academy and the experiences that shaped him into a fine officer.
  • He was awarded a Vir Chakra posthumously.

5. Who has been appointed as the brand ambassador of ELSA?

  1. Vicky Kaushal
  2. Mahendra Singh Dhoni
  3. Virat Kohli
  4. Ajinkya Rahane
  5. Ayushman Khurana
Show Correct Answers

Correct Answer– D. Ajinkya Rahane

Explanation

  • ELSA Corp (English Language Speech Assistant Corporation) has appointed Ajinkya Rahane as its brand ambassador for India, Middle East, ANZ & SAARC.
  • Ajinkya Rahane will be endorsing the brand’s mobile application.
  • This association aims to popularize ELSA Speak amongst Indian individuals who want to better their English pronunciation.

6. Hari Vasudevan passed away at the age of 84. Who was he?

  1. Politician
  2. Economist
  3. Historian
  4. Singer
  5. Business Analyst
Show Correct Answers

Correct Answer– C. Historian

Explanation

  • Historian Hari Sankar Vasudevan died at a private hospital in Kolkata at the age of 68.
  • He was tested positive for coronavirus. He was put on a ventilator after developing respiratory distress.
  • Vasudevan was the director of the China Centre at Calcutta University. He was an expert on European and Russian history and the India-Russia relationship.
  • He was the author of ‘Footsteps of Afanasii Nikitin: Travels through Eurasia and India in the early 21st century’.
  • He authored ‘Shadows of Substance: Indo-Russian Trade and Military Technical Cooperation’ in 2010.

7. Which of the following will manufacture India’s first indigenous ELISA Test Kit for COVID-19?

  1. Pfizer India
  2. Cipla Pharmaceuticals
  3. Cadila Healthcare Ltd.
  4. Galaxo Smith Kline
  5. Abott India
Show Correct Answers

Correct Answer– C. Cadila Healthcare Ltd.

Explanation

  • Ahmedabad-based Cadila Healthcare Ltd has has been provided with technology to make and market the country’s first anti-SARS-Cov-2 human IgG Elisa test kit.
  • The kit will be used for antibody detection of Covid-19.
  • After the initial development at ICMR-NIV, technology has been transferred to Zydus Cadila for mass scale production.
  • ‘Covid Kavach Elisa’ is the first indigenously developed IgG Elisa test for antibody detection.
  • It has been developed by the Indian Council of Medical Research (ICMR), National Institute of Virology (NIV), Pune.

8. The HRD Ministry announced amendments in the PMRF scheme. What does ‘R’ stand for in the same?

  1. Role
  2. Reversal
  3. Rejuvenation
  4. Repair
  5. Research

Show Correct Answers

Correct Answer– E. Research

Explanation

  • PMRF stands for Prime Minister’s Research Fellowship.
  • The scheme was announced in the Budget 2018-19.
  • Designed for improving the quality of research in various higher educational institutions in the country.
  • Students can apply under this scheme to pursue innovative research in Science and technology.
  • They can either use the direct or lateral route.
  • The HRD Ministry announced amendments in the Prime Minister’s Research Fellowship (PMRF) scheme.
  • It included reduction in the required GATE score and introduction of a lateral entry option to attract more students.
  • Under the scheme, 1000 seats were created which have been remaining empty every year. These changes were made so that students can apply.

9. Recently, the partner of Siegfried Fischbacher passed away after being affected by COVID-19. Both of them are famous for their magic acts. Who was his partner?

  1. Thomas Peter
  2. Russel Bond
  3. Eric Shmith
  4. James Roy
  5. Roy Horn
Show Correct Answers

Correct Answer– E. Roy Horn

Explanation

  • Roy Horn died of complications related to the coronavirus at the age of 75 years.
  • He is the half of the famed Las Vegas magic and entertainment duo Siegfried & Roy.
  • Roy was born in Germany and emigrated to the United States and became naturalized citizens.
  • Horn and Siegfried Fischbacher, were known for including white tigers and other animals in their act. They first worked in Las Vegas in 1967, and then worked at the Mirage Hotel.
  • Their shows combined magic tricks with circus thrills, alongside performances featuring dozens of rare white lions and tigers.
  • Horn was forced to stop performing in 2003 after a white tiger attacked him during one of their shows. He was severely injured and also suffered a stroke.
  • The incident permanently affected his mobility and speech, but Horn was able to take part in some events.
  • The duo retired in 2010.

10. How many trains will the Indian Railways start in graded manner from 12 May 2020?

  1. 12 Pairs
  2. 15 Pairs
  3. 17 Pairs
  4. 19 Pairs
  5. 20 pairs

Show Correct Answers

Correct Answer– B. 15 Pairs

Explanation

  • Ministry of Home Affairs (MHA) has issued Standard Operating Protocol (SOP) to facilitate movement of persons by train.
  • Movement of trains shall be permitted by Ministry of Railways (MoR), in a graded manner, in consultation with Ministry of Health & Family Welfare (MoHFW) and MHA.
  • The operations will initially start with 15 pairs of trains.
  • These trains will be run as special trains from New Delhi Station connecting 15 important cities of the country such as Dibrugarh, Agartala, Howrah, Patna, Bilaspur, Ranchi, Bhubaneswar, Secunderabad, Bengaluru, Chennai, Thiruvananthapuram, Madgaon, Mumbai Central, Ahmedabad and Jammu Tawi.
  • Only online E-Ticketing will be done through IRCTC website or through Mobile App.
  • No tickets will be booked across the reservation counter on any Railway Station.

Booking of tickets through ‘agents’, (both IRCTC Agents and Railway Agents) shall not be permitted.

11. Which rule of Income-tax rules, 1962 has been amended for making an application to invoke the Mutual Agreement Procedure (MAP)?

  1. 44B
  2. 44C
  3. 44G
  4. 44D
  5. 44E

Show Correct Answers

Correct Answer– C. 44G

Explanation

  • Central Board of Direct Taxes has amended Rule 44G of Income-tax Rules, 1962 for making an application to invoke the Mutual Agreement Procedure (MAP) in Form no. 34F.
  • These rules will be called Income-tax (8th Amendment) Rules, 2020.
  • Rule 44G deals with application and procedure for giving effect to MAP agreement.
  • The revised Form 34F deals with respect to making application to the competent authority for invoking MAP.
  • Indian authorities would “endeavour” to resolve MAP disputes within a timeframe of 24 months. This move is aimed at speedy settlement of cases of multinational corporations that have opted the alternative dispute resolution process.
  • If a resolution is arrived, the same shall be communicated to the assessee, who shall communicate his acceptance or non-acceptance within 30 days.

Upon acceptance of the resolution, the assessee shall withdraw any appeal filed in this regard and pay the tax determined by the assessing officer after giving effect to the resolution.

12. How much stake has been picked up by The Carlyle Group in SeQuent?

  1. 67%
  2. 74%
  3. 29%
  4. 90%
  5. 80%

Show Correct Answers

Correct Answer– B. 74%

Explanation

  • Private equity player The Carlyle Group will acquire a majority 74% stake in SeQuent Scientificfor over Rs 1,500 crore.
  • The deal will be executed through two investment vehicles-CA Harbor Investments, affiliated entity of CAP V Mauritius, which is an affiliated entity of Carlyle. The deal is the Carlyle’s first majority transaction in an Indian publicly-listed company.
  • The promoters of the company sold a 44.92% stake and Carlyle agreed to buy 5.69% of the existing private equity investor Ascent Capital.
  • It was managed by Nomura acting as the Financial advisor for Carlyle and Law Firm Nishith Desai Associates was the advisor of Sequent and its Promoters.
  • Under the Securities and Exchange Board of India’s (Sebi’s) takeover regulations, a mandatory open offer by CA Harbor Investments and CAP V Mauritius will have to be offered for the purchase of a maximum up to 26% equity shares of SeQuent from public shareholders.

13. What is the name of India’s first indigenous ELISA Test Kit for COVID-19?

  1. Covid Dhaal
  2. Covid SURAKSHA
  3. Covid KAVACH
  4. Covid Jao
  5. Covid Se Bacho
Show Correct Answers

Correct Answer– C. Covid KAVACH

Explanation

  • ‘Covid Kavach Elisa’ is the first indigenously developed IgG Elisa test for antibody detection.
  • It has been developed by the Indian Council of Medical Research (ICMR), National Institute of Virology (NIV), Pune.
  • This test will play a critical role in surveillance of proportion of population exposed to SARSCoV2 infection.
  • ICMR-NIV’s test kit was validated at two sites in Mumbai and has been found to have high sensitivity and specificity.
  • The kit can test 90 samples together in a single run of 2.5 hours.
  • Elisa-based testing is easily possible even at the district level.

14. Former Union Minister of State for Health Dalit Ezhilmalai passed away at 74. He belonged to which of the following states?

  1. Punjab
  2. Tamil Nadu
  3. Andhra Pradesh
  4. Madhya Pradesh
  5. Telangana
Show Correct Answers

Correct Answer– B. Tamil Nadu

Explanation

  • Former Union Minister of State for Health Dalit Ezhilmalai passed away at 74 in his residence in Chennai, Tamil Nadu due to a cardiac arrest.
  • He was born on 24th July 1945 in Irumbedu village, Chengalpattu, Tamil Nadu
  • He served in the Former Post & Telegraph Department of the Government of India Between 1963 and 1987 and deputed to the Army for five years.
  • He participated in the Indo-Pak War of 1971 as an army officer and received Sainik Sewa Medal for his meritorious service.
  • He was the last Dalit MP from the State who was elected from a general constituency.
  • In 2001, the then general secretary of AIADMK, J Jayalalithaa, fielded Ezhilmalai from Tiruchy in the by-election.

15. Which of the following is incorrect for the new guidelines released by ICMR to tackle COVID-19 pandemic?

  1. The immediate cause is the mode of dying.
  2. The antecedent cause is the morbid condition(s) that “gave rise to the immediate cause”.
  3. The other significant conditions are those that “contributed to the death but are not related to the disease or to the condition causing it”.
  4. Deaths with inconclusive test results, but in which coronavirus symptoms are present will be recorded as “probable COVID-19” fatalities.
  5. Deaths in which tests are awaited with the presence of symptoms will be recorded as suspected deaths, while those testing negative but have symptoms will be mentioned as clinically-epidemiologically diagnosed COVID-19.

Show Correct Answers

Correct Answer– A. The immediate cause is the mode of dying

Explanation

  • ICMR released fresh guidelines in the wake of COVID-19 pandemic.
  • These outline a new standardised form where medical practitioners have to categorise the death’s immediate cause, antecedent cause, and other significant conditions in separate columns.
  • These were issued as India’s Covid-19 death count surpasses 2,000 people.
  • The immediate cause is the “disease, injury, or complication that caused the death, not the mode of dying”.

Current Affairs Today 12th May 2020 | Daily GK & Current Affairs Updates | Read News Here

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