Daily GK and Current Affairs Quiz – 20th November 2020

Correct Answer: C. 2

Explanation: The RBI has announced the names of two startups that have been selected as a part of its regulatory sandbox programme. It has shortlisted six companies out of 32 entities that had applied for the ‘Test Phase’ of the first cohort. The two companies are Jaipur based Natural Support Consultancy Services Private Limited and New Delhi based Nucleus Software Exports Limited.

Correct Answer – B. DK Thakur

Explanation: Uttar Pradesh government has transferred Lucknow Police Commissioner Sujeet Pandey. ATS chief DK Thakur has been appointed as the new police commissioner of Lucknow. Sujit Pandey will be ADG, Arms Training Centre, Sitapur. Sujit Pandey was the first CP of the city after the launch of the commissionerate system in January 2020.

Correct Answer – C. BRICS

Explanation: The five-nation grouping BRICS has adopted a new counter-terrorism strategy to effectively deal with terrorism. The objective of BRICS counter-terrorism cooperation is to complement and strengthen the existing bilateral and multilateral ties among the BRICS countries. It also aims to make a meaningful contribution to the global efforts of preventing and combating the threat of terrorism.

Correct Answer – D. Mobile Premier League

Explanation:  The BCCI confirmed that the merchandise brand of the Mobile Premier League (MPL) will be the official kit sponsor of the Indian cricket team for a period of three years. MPL Sports will design and manufacture the jerseys of both the senior and U-19 India men and women cricket teams. MPL Sports will also sell licensed Team India merchandise.

Correct Answer – D. Smriti Mandhana

Explanation: India’s leading women cricketer Smriti Mandhana has been appointed as the brand ambassador for Equitas Small Finance Bank. Mandhana will feature in promoting Equitas Small Finance Bank’s new product aimed at women called Eva. ‘Eva’ is a unique savings account which tries to address the well-being of Indian women in every aspect such as Health, Wealth and Prosperity as per the Bank.

With Smriti Mandhana as a Brand Ambassador, Brand Equitas is set to bring women together through powerful conversations around shared experiences of struggle & success resulting in growth and prosperity. Mandhana will begin appearing on behalf of Equitas Small Finance Bank across all media platforms shortly.

Correct Answer – B. Equitas Small Finance Bank

Explanation: Equitas Small Finance Bank Limited(ESFBL) launched ‘Eva’, unique savings account for Indian women. The product addresses the wellbeing of women in every aspect such as Health, Wealth and Prosperity. The Product that is aimed at women is based on the concept of Relationship Value. It offers Free Health Check-up and unlimited teleconsultation with women doctors, gynaecologists and mental health experts.

Correct Answer – A. Rohit Sharma

Explanation: Rohit Sharma, India’s leading cricketer, signed with Financepeer, Google incubated education fee financing company, as its brand ambassador. Rohit Sharma will be supporting Financepeer to transform the education sector and introduce innovation across the various segments of education. This collaboration between Rohit Sharma and Financepeer will increase the reach of tech and Fintech platforms of Financepeer among the Indian parents and schools.

As a part of this collaboration Rohit Sharma will participate in the digital activities of Financepeer. Financepeer is the forerunner in the Educational fee financing segment in India, which aims to enable quality education accessible and affordable to all. The business model of Financepeer ensures seamless access to education and operations of schools. Financepeer offers fee financing solutions, insurance cover and digital learning platforms, and provides a complete educational requirement of parents and students.

Correct Answer – D. Kris Gopalakrishnan

Explanation: The Reserve Bank of India has created a Reserve Bank Innovation Hub (RBIH). The aim of Innovation Hub is to promote innovation across the financial sector by leveraging on technology and creating an environment which would facilitate and foster innovation. RBIH will collaborate with financial sector institutions, technology industry and academic institutions and coordinate efforts for exchange of ideas and development of prototypes related to financial innovations.

Reserve Bank Innovation Hub (RBIH) would be managed by a Governing Council (GC) consisting of 10 members (including a chairperson). Shri Senapathy (Kris) Gopalakrishnan, co-founder and former co-Chairman, Infosys, has been appointed as the first Chairperson of the RBIH.

Correct Answer – B. -10.3%

Explanation: The Investment bank, Goldman Sachs has revised upwards the growth forecast for India in FY21 to -10.3% from its earlier projection of -14.8% in September 2020. For the financial year 2021-22 (FY22), the Goldman Sachs has projected India’s GDP at 13%.

Correct Answer – C. Burundi

Explanation: The present High Commissioner of India to Uganda A Ajay Kumar has been concurrently accredited as the next Indian envoy to Burundi. Ajay Kumar joined the Indian Foreign Service in the year 2001. He served as India’s Ambassador to Iraq from May 2014-November 2015. Later he served as Deputy High Commissioner in Canberra, Australia (2016-17).

Correct Answer – C. Rs 1700 crores

Explanation: CapitaLand has secured its first three green loans in India, totalling Rs 1700 crores from DBS Bank India Limited and HSBC India.  The three green loans mark CapitaLand’s first foray in sustainable finance in India. Proceeds from the green loans will be used to finance the development of its green-certified International Tech Parks in Chennai, Gurgaon and Pune.

Correct Answer – D. 20th November

Explanation: Africa Industrialization Day is celebrated on November 20 each year. It is a time when governments and other organizations in many African countries examine ways to stimulate Africa’s industrialization process. It is also an occasion to draw worldwide media attention to the problems and challenges of industrialization in Africa. Theme 2020: “Inclusive and sustainable industrialisation in the AfCFTA era”.

Correct Answer – B. Assam

Explanation:  The National Fisheries Development Board has conferred four awards to Assam for the success in the fishery sector. Assam has got the best state award under the category of best hilly and North Eastern state. Assam Apex Cooperative Fish Marketing and Processing Federation Limited (FISHFED) has been selected under the category of best hilly and North eastern government organization. On the other hand, Nagaon district has been selected under best hilly and North Eastern district category while a Nalbari based farmer Amal Medhi is selected under hilly and North Eastern fish farmer category.

Correct Answer – B. Rajasthan

Explanation: Rajasthan Social Justice and Empowerment Minister Bhanwarlal Meghwal passed away. The five-time MLA represented the Sujangarh assembly constituency of Churu district of the state.