Daily GK and Current Affairs Quiz – 1st June 2021

Correct Answer: C. UAE

Explanation: The Board of Control for Cricket in India (BCCI) has confirmed that the IPL 2021 Phase 2 will be held in the UAE during the September-October window. In a Special General Meeting chaired by BCCI president Sourav Ganguly, the Board of Control for Cricket in India (BCCI) confirmed to the State units that the tournament will have to be shifted out of India on account of ‘monsoon.’

Important Points:

• Secretary of BCCI: Jay Shah;
• President of BCCI: Sourav Ganguly;
• Headquarters of BCCI: Mumbai, Maharashtra; Founded: December 1928.

Correct Answer – A. Conrad K Sangma

Explanation: The Goods and Services Tax (GST) Council has constituted a group of ministers (GoM) in order to decide on the rates of COVID-19 relief material. Currently, 5% GST is levied on domestically manufactured vaccines, while it is 12% for COVID drugs and oxygen concentrators. Alcohol-based sanitisers, hand wash, disinfectants and thermometers attract 18% GST.An eight-member ministerial panel under the Meghalaya chief minister Conrad K Sangma to consider Goods and Services Tax (GST) exemptions on a range of Covid-19 essentials such as vaccines, drugs, testing kits and ventilators. The other members of the group of ministers (GoM) are Gujarat deputy chief minister Nitinbhai Patel, Maharashtra deputy chief minister Ajit Pawar, Goa transport minister Mauvin Godinho, Kerala finance minister KN Balagopal, Odisha finance minister Niranjan Pujari, Telangana finance minister T Harish Rao and UP finance minister Suresh Kumar Khanna.

In the 43rd meeting of the GST Council, the finance minister Nirmala Sitharaman had said a ministerial panel will be constituted to decide on the rates on the vaccines and medical supplies. According to its terms of reference, the GoM will examine the need for GST concession or exemption on Covid vaccines, drugs and medicines for Covid treatment, testing kits for Covid detection, medical-grade oxygen, pulse oximeters, hand sanitisers, oxygen therapy instruments (concentrators, generators and ventilators), PPE kits, N95 masks, surgical masks, temperature checking thermometers and any other items required for Covid relief.

Correct Answer – B. Rs 10 Lakh

Explanation: Prime Minister Narendra Modi has announced a number of welfare measures for children who lost their parents to COVID-19. All children who have lost either both parents or surviving parents or legal guardians or adoptive parents due to COVID-19 will be supported under PM-CARES for Children scheme. The welfare measures have been listed below:

Fixed Deposit in the name of the child

• The government has announced the “PM-CARES for Children” scheme under which fixed deposits will be opened in the names of such children from the PM-CARES fund.
• The total corpus of the fund will be Rs 10 lakh for each child.
• This corpus will be used to give a monthly financial support/ stipend when the child reaches 18 years of age, for the next five years to take care of his or her personal requirements.
• Upon reaching the age of 23 years, the child will get the corpus amount as one lump sum for personal and professional use.

Education

• Children under 10 years will be given admission to the nearest Kendriya Vidyalaya or in a private school as a day scholar.
• Children between 11-18 years of age will be given admission to any central government residential school such as Sainik School and Navodaya Vidyalaya.
• For higher education, children will be assisted in obtaining education loan for professional courses or higher education in India according to existing norms. The interest on this loan will be paid from the PM-CARES fund.

Health Insurance

• Each child will be enrolled as a beneficiary under Ayushman Bharat Scheme (PM-JAY) with a health insurance cover of Rs 5 lakh.
• The premium amount for these children will be paid by PM CARES, till they attain the age of 18 years.

Correct Answer – D. Salman Rushdie

Explanation: A book titled “Languages of Truth: Essays 2003-2020” authored by Salman Rushdie. In his new book, Rushdie attempts to perform a defensive castling move. He suggests his work has been misunderstood and mistreated because the literary culture has turned from brio-filled imaginative writing toward the humbler delights of “autofiction,” as exemplified by the work of Elena Ferrante and Karl Ove Knausgaard.

Correct Answer – C. Chelsea

Explanation: Chelsea defeated Manchester City 1–0 in the final, to lift the 2020-21 UEFA Champions League title, on May 29, 2021, played at the Estádio do Dragão in Porto, Portugal. German forward Kai Havertz scored the only goal of the football match. This is the second Champions League title for Chelsea, after winning the first won in 2012.

Correct Answer – C. Vikramjit Sen

Explanation:  The Indian Broadcasting Foundation (IBF) has appointed former Supreme Court judge Justice Vikramjit Sen as the Chairman of its newly formed self-regulatory body Digital Media Content Regulatory Council (DMCRC).Besides, six other eminent industry members which include filmmaker Nikkhil Advani, writer and director Tigmanshu Dhulia, filmmaker and writer Ashwiny Iyer Tiwari, content producer and distributor Banijay Group CEO and founder Deepak Dhar would also be part of the self-regulatory body.This Council also includes – Sony Pictures General Counsel Ashok Nambisan and Star and Disney India Chief Regional Counsel Mihir Rale.IBF, the apex body of broadcasters, had last week announced to expand to cover digital streaming platforms and is soon going to be renamed as Indian Broadcasting & Digital Foundation (IBDF).The move was done to bring together the broadcasters and OTT (over-the-top) platforms. It had also announced a self-regulatory body DMCRC for digital OTT platforms.

Correct Answer – D. IIT Ropar
Explanation:  The Indian Institute of Technology (IIT)-Ropar has developed a device that records ambient temperature during the transportation of vaccines, body organs and blood.’AmbiTag’ is a USB-shaped device that continuously records the temperature of its immediate surroundings from -40 to +80 degrees in any time zone for a full 90 days on a single charge.Besides perishable items including vegetables, meat and dairy products it can also monitor the temperature of animal semen during transit. “So far, such devices are being imported by India in a massive quantity from other countries such as Singapore, Hong Kong, Ireland, and China.

Correct Answer – A. T V Narendran

Explanation: Industry chamber CII has elected T V Narendran, CEO and MD, Tata Steel, as its new president for 2021-22.He takes over from Uday Kotak, Managing Director, and Chief Executive Officer, Kotak Mahindra Bank.He was the Chairman of CII Eastern Region during 2016-17 and has led CII national panels on leadership and HR besides being Chairman of CII Jharkhand.

Correct Answer – B. NBT

Explanation:  The Department of Higher Education under the Ministry of Education has launched a scheme today to train and mentor young authors.Termed YUVA (Young, Upcoming and Versatile Authors), the Prime Minister’s scheme seeks to mentor authors under the age of 30 and train them to promote reading, writing and book culture in the country, and project India and Indian writings globally.A consolidated scholarship of Rs50,000 per month for a period of six months per author will be paid under the YUVA Scheme.

Correct Answer – A. 1st June

Explanation: The Food and Agriculture Organisation of the United Nations celebrates World Milk Day every year on 01st June to recognize the importance of milk as a global food, and to celebrate the dairy sector.It aims to encourage people to talk about the advantages of dairy with regards to health including nutrition, accessibility and affordability.This year, our theme will focus on Sustainability in the dairy sector with messages around the environment, nutrition and socio-economics. In doing so we will re-introduce dairy farming to the world.

Correct Answer – C. 6

Explanation: The Reserve Bank of India has informed that the limits for foreign portfolio investors (FPI) investment during the current fiscal in government securities (G-secs) and State Development Loans (SDLs) will remain unchanged at 6 percent and 2 percent respectively.The allocation of incremental changes in the G-sec limit (in absolute terms) over the two sub-categories will be retained at 50:50.

RBI:

• Governor – Shaktikanta Das.
• Headquarters – Mumbai.
• Founded: 1 April 1935, Kolkata.

Correct Answer – A. WazirX

Explanation: India’s largest crypto exchange, WazirX, announced the country’s first NFT marketplace on 31 May 2021.The platform, which will be used to trade Non-Fungible Tokens (NFTs), is run on the Binance Smart Chain, a blockchain platform created by Binance.Binance is one of the largest crypto exchanges in the world, which acquired WazirX back in 2019.

Correct Answer – B. Mahesh Jethmalani

Explanation: Noted lawyer Mahesh Jethmalani has been nominated to Rajya Sabha.His father Ram Jethmalani, a renowned lawyer who fought several high-profile cases, was also a Rajya Sabha member.Mahesh Jethmalani’s nomination came days after two seats in the nominated category became vacant — Swapan Dasgupta resigned from the upper house in March 2021.

Correct Answer: D. Paresh B Lal

Explanation: WhatsApp has finally announced its Grievance Officer for India.It has named Paresh B Lal as its Grievance Officer for the country.Now users can contact Paresh B Lal through a post box in Banjara Hills in Hyderabad, Telangana.India’s new IT rules require “significant social media intermediaries” to appoint a grievance officer, nodal officer, and Chief Compliance Officer.