Daily GK & Current Affairs Quiz – 23rd June 2020

Correct Answer: B. Urjit Patel

Explanation: Urjit Patel has been appointed as the Chairman of the National Institute of Public Finance and Policy (NIPFP). It is an economic think tank which is based in New Delhi, India. The appointment of the Urjit Patel has been made for a period of four years. He will be replacing the outgoing chairman Vijay Kelkar. Urjit Patel has earlier served as the Governor as well as the Deputy Governor of the Reserve Bank of India (RBI). He resigned as the Governor of RBI in December 2018.

Correct Answer – D. 23rd June

Explanation: United Nations Public Service Day is observed globally on 23rd June every year. This day is to highlight the contribution of public service in the development process and to value public service to the community. This day is widely known by various public service organisations and departments around the world by organising several events to recognise the role of public servants in making developments and improvements in the community.

• Founded : 24 October 1945
• United Nations Headquarters : New York, USA.
• Secretary-General of the United Nations : Mr Antonio Guterres

Correct Answer – C. Every Action Counts

Explanation: UnitedNations celebrates World Refugee Day globally on 20 June every year. The World Refugee Day 2020 aims to remind the world that everyone, including refugees, are capable in contributing towards society and Every Action Counts in the effort to create a more just, inclusive, and equal world. The theme of World Refugee Day 2020 is “Every Action Counts”.

Correct Answer – B. Reliance Industries Limited

Explanation:  The Reliance Industries Limited (RIL) has reached $150-billion mark in term of market capitalisation. Hence, the Mukesh Ambani-helmed RIL has become India’s first $150-billion company in terms of market capitalisation. RIL achieved this milestone when its share price had gained 6.23% to close at Rs 1,759, taking its market capitalisation to Rs 11.15 lakh crore i.e. around $150 billion. With this achievement, the market capitalisation of Reliance Industries Limited is more than that of Total SA, Royal Dutch Shell and BP among the top global energy players.

Correct Answer – D. Ministry of Housing & Urban Affairs

Explanation: Ministry of Housing & Urban Affairs (MoHUA) has inked Memorandum of Understanding (MoU) with Small Industries Development Bank of India (SIDBI) to make latter as the implementation Agency for Prime Minister Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) – a Special Micro-Credit Facility for Street Vendors.

Correct Answer – C. France

Explanation: France and India signed a credit financing agreement promising 200 million euros to support the social welfare system and India’s COVID response. The fund will be provided to India through the AFD, French Development Agency (Agence Française de Développement).

Correct Answer – B. Hyundai Motor

Explanation: Hyundai Motor India Limited (HMIL) partnered with HDFC Bank to offer industry 1st online auto retail financing on its end-to-end online automotive retail platform, ‘Click to Buy’ to the customers.

Correct Answer – D. Amitabh Kant

Explanation: NITI (National Institution for Transforming India) Aayog, a policy think tank of the Government of India (GoI)has formed a high-powered committee of top executives of technology companies like Google, Microsoft and Tech Mahindra under the leadership of its CEO (Chief Executive Officer) Amitabh Kant to develop a job platform that will help migrant labours & blue-collar workers, who have lost their jobs during the lockdown, to find better employment opportunities in their language and around their place.

Correct Answer – B. 9th

Explanation:  The net worth of Mukesh Ambani, chairman has jumped to $64.5 billion, making him the only Asian tycoon in the exclusive club of the world’s top 10 richest people, according to the Bloomberg Billionaires Index. He overtook Larry Ellison of Oracle Corp. and France’s Francoise Bettencourt Meyers, the wealthiest woman, to reach the No. 9 spot.

Correct Answer – B. Niki Poonacha

Explanation: The International Tennis Federation has declared the list of players, who chose for the ITF World Tennis Tour Player Panels. India’s Niki Poonacha is elected as a player member to ITF World Tennis Tour Player Men’s panels. The Men’s and Women’s Panel will be headed by Mark Woodforde and Mary Pierce respectively who are the athlete representatives on the ITF board of directors. oonacha is chosen as one of the two players from Asia/Oceania locale with a second-most noteworthy number of votes (62) among all challenging players. Ti Chen from Taipei with 14 votes is the second player from Asia/Oceania district. An aggregate of 576 finished polling forms was gotten for the 13 players who participated in the political race from locales – Europe, Asia/Oceania, South America, North and Central America, Caribbean.

Notwithstanding Niki and Ti Chen, the individuals from the Men’s tennis board incorporate Juan Pablo Paz and Jose Bendeck speaking to South America, Aldin Sektic and Francesco Vilardo speaking to Europe.

• ITF President/CEO: David Haggerty.
• ITF Chief Operating Officer(COO): Kelly Fairweather.
• ITF Headquarters: London, United Kingdom.

Correct Answer – A. USD 1.05 billion

Explanation: The World Bank has approved USD 1.05 billion for three projects in Bangladesh to generate quality jobs and boost economic recovery in the wake of the COVID-19 pandemic. The three projects namely: Private Investment and Digital Entrepreneurship (PRIDE), Enhancing Digital Government and Economy (EDGE), and Second Programmatic Jobs Development Policy Credit, are expected to help the economy in its recovery by generating jobs and encouraging direct private investment in specialized economic zones.

1. Private Investment and Digital Entrepreneurship (PRIDE) – USD 500 million
2. Enhancing Digital Government and Economy (EDGE) – USD 295 million
3. Second Programmatic Jobs Development Policy Credit – USD 250 million

Correct Answer – C. 23rd June

Explanation: The Olympic Day is celebrated globally on 23rd June every year. This year, amid COVID-19 pandemic, the Olympic Movement will celebrate Olympic Day 2020 by creating the world’s largest 24 hour digital-first Olympic workout. For this, the Olympic Channel is making a brand new home workout video made by Olympic athletes. The Olympic Day was celebrated for the first time ever on 23 June 1948. Over the last 20 years Olympic Day has been associated with Olympic Day Runs all over the world.

• President of International Olympic Committee: Thomas Bach.

Correct Answer – D. Both A & B

Explanation:  JSW Cement has signed Sourav Ganguly and Sunil Chhetri as its brand ambassadors. The cement brand has also launched a new multi-media marketing campaign “Leader’s Choice” which includes both sports icons. The multi-media marketing campaign “Leader’s Choice” of JSW Cement promotes the ideology of building a solid foundation for a better tomorrow.

Correct Answer – A. B.P.R. Vithal

Explanation: Veteran economist and the member of 10th Finance Commission, B.P.R. Vithal passes away. He was a former IAS officer of the 1950 batch. He also served as the Secretary, Finance and Planning, government of Andhra Pradesh, from 1972 to 1982. B.P.R. Vithal also worked at the International Monetary Fund as the fiscal adviser to the governments of Malawi and Sudan. He also played an instrumental role in the establishment of Centre for Economic and Social Studies, Hyderabad.