Daily GK & Current Affairs Quiz – 21st May 2020

Correct Answer: D. Neerabh Kumar Prasad

Explanation: The Andhra Pradesh (AP) government has formed a 5-member high-powered committee led by Neerabh Kumar Prasad to probe into the causes behind the leakage of styrene gas from the LG Polymers India Ltd located at RR Venkatapuram in Visakhapatnam. The panel required to submit its final report within one month.

Correct Answer – D. Ramesh Pokhriyal ‘Nishank’

Explanation: Union HRD (Human Resource Development) Minister Shri Ramesh Pokhriyal Nishank e-Launched print as well as e-editions of the set of 7 titles on “Psycho-Social Impact of pandemic & lockdown and how to Cope With” under the corona studies series published by National Book Trust (NBT), India. These books will serve as guides to mental well-being of people at large.

Correct Answer – B. Fang Fang

Explanation: The book titled as “Wuhan Diary: Dispatches from a Quarantined City” authored by Chinese literary writer Fang Fang is a compilation of online diary entries and social media posts that document 60 days of lockdown during COVID-19.

Correct Answer – C. Fang Fang

Explanation:  The book called “Wuhan Diary: Dispatches from a Quarantined City” authored by Chinese literary writer Fang Fang. This book is a compilation of online diary entries and social media posts that document 60 days of lockdown during COVID-19. The book was published by HarperNonFiction.

Correct Answer – D. Rajesh Goel

Explanation: Rajesh Goel becomes new director-general (DG) of the Realtors body National Real Estate Development Council (NAREDCO). Prior to this, he was serving as the chairman and managing director, Hindustan Prefab Ltd. He is a professional with over 37 years of experience in leading PSUs under the Ministry of Housing and Urban Affairs.

Correct Answer – C. Karnataka

Explanation: Karnataka launched its first cyber security-specific accelerator programme ‘H.A.C.K’ for start-ups recently. This comes even at a time when there are serious discussions around surveillance and lack of safety through government-run online software for COVID-19. The programme is implemented by CySecK, which is state’s CoE (Centre of Excellence) in Cyber Security meant for creating a cyber-safe environment for industry collaboration. It is housed at Indian Institute of Science, Bengaluru.

Correct Answer – C. Madhya Pradesh

Explanation: The Charan Paduka Campaign was launched in Madhya Pradesh for the migrant workers passing through the state. Under the campaign the migrant workers were provided with shoes and slippers to reduce their pain. The Charan Paduka campaign is being conducted by the Police of Madhya Pradesh state. Eventually, the initiative received full support of the public. By providing slippers, the pain of the migrant workers is being reduced.

Correct Answer – C. 5th

Explanation: Benjamin Netanyahu has been sworn as the Israel Prime Minister for the 5th time after signing of power-sharing deal with rival-turned-partner Benny Gantz of Blue and White Party. He will now chair the post until 13 November 2021. With this, the longest political deadlock in the Isreal’s history came to an end. During the standoff, the caretaker government held the reins for more than 500 days and no one got a clear majority in three successive elections.

Correct Answer – B. 74%

Explanation:  Finance Minister Nirmala Sitharaman announced that the government has decided to raise the Foreign Direct Investment (FDI) limit in defence manufacturing under automatic route from 49 per cent to 74 per cent. There will be indigenisation of imported spares, and separate budget provisioning for domestic capital procurement. This will help reduce huge Defence import bill. Foreign Direct Investment limit in defence manufacturing under automatic route is being raised from 49% to 74%. Corporatisation of Ordnance factory board (OFB) was also announced. To ensure time-bound defence procurement, centre will set up a Project Management Unit (PMU) to support contract management.

Correct Answer – B. Italy

Explanation: The Genoa-based Italian Institute of Technology (IIT) has developed “i-Feel you”, an intelligent bracelet which will help users respect social distancing rules. The technology was launched at a video conference which involved the participation of Liguria governor Giovanni Toti and IIT President Giorgia Metta.

Correct Answer: D. General Atlantic

Explanation: Reliance Industries Limited(RIL) announced the sale of 1.34% stake in its digital services subsidiary, Jio Platforms to global Private Equity (PE) firm General Atlantic for Rs 6,598.38 crores, to accelerate consumer business and cut debt.

Correct Answer – C. 18th May

Explanation: May 18, 2020, World AIDS Vaccine Day (or HIV Vaccine Awareness Day) has been celebrated all over the world to recognize and acknowledge the hard work of the thousands of health professionals, volunteers, members of the medical field and scientists who have been working together for so many years to make HIV (Human Immunodeficiency Virus) / AIDS (Acquired immunodeficiency syndrome) vaccine.

Correct Answer – A. Jack Ma

Explanation: SoftBank Group said on Monday that Alibaba co-founder Jack Ma will resign from its board, in the latest departure by a high-profile ally of CEO Masayoshi Son. SoftBank will propose three new appointments to the board, including group Chief Financial Officer Yoshimoto Goto, at its annual general meeting on June 25. The number of board members will expand to 13.  SoftBank said the board had approve a second 500 billion yen ($4.7 billion) tranche of share purchases, part of a 2.5 trillion yen buyback programme announced in March to prop up the group’s share price as its tech bets flounder.

Correct Answer – D. Kotak Mahindra Bank

Explanation:  Kotak Mahindra Bank has introduced video-KYC facility for customers opening savings account on Kotak 811 – the banks digital banking platform. The private lender is the first Indian bank to offer video based “zero-contact” onboarding service. The initiative is presently being launched on a pilot basis for savings accounts, Kotak Mahindra said in a press release. “The video KYC process to onboard new customers will be extended to other products in a phased manner,” the bank said in a statement. With Video KYC, verification of documents, signature are completed via a video call with representative from the bank without any physical interface. In January 2020, the Reserve Bank of India amended the Know Your Customer (KYC) norms and introduced.

Correct Answer – C. Ratnakar Matkari

Explanation: Veteran Marathi writer, playwright Ratnakar Matkari passed away at 81 in a hospital at suburban Marol, Mumbai. Last week he was tested positive to coronavirus. He was born on 17th November 1938 in Mumbai, India. His film Investment won the National Film Award for the best Marathi feature film.