Daily GK and Current Affairs Quiz – 28th October 2020

Correct Answer: C. China

Explanation: Chinese fintech giant Ant Group will be the world’s biggest, according to pricing determined. It is the first time pricing of the initial public offering has been determined outside New York. The listing could be the world’s largest initial public offering, surpassing the record set by Saudi Aramco’s $29.4 billion floats last December.

Correct Answer – A. Ynsect

Explanation: French Startup Ynsect will build World’s Biggest Indoor Insect Farm. Ynsect raised $224 million from investors including Hollywood star Robert Downey Jr.’s Footprint Coalition to build a second insect farm in Amiens in northern France. The highest vertical farm in the world and the first carbon-negative vertical farm in the world.

Correct Answer – C. 131st

Explanation: In September this year, India ranked 131 out of 138 in the global mobile internet speed rankings. South Korea topped the list with an average mobile internet speed of 121.00 Mbps. Neighbouring countries like Sri Lanka, Pakistan and Nepal ranked higher than India on the global internet speed index. Report prepared by Ookla’s Speedtest Global Index.

Correct Answer – C. Mastercard

Explanation: Mastercard in partnership with Atlantis has announced the expansion of the Digital First Program in India. It will provide users with a technology solution that will enable them to enjoy a best-in-class digital banking experience. Users will be able to use their cards/accounts for digital transactions within minutes of application, enabled by a fully digital online application.

Correct Answer – C. Pakistan and Nepal

Explanation: Pakistan and Nepal have been re-elected to the UN Human Rights Council, while China won a seat by the smallest margin showing a drastic drop in standing. Established by the UN General Assembly in 2006 as the principal United Nations entity dealing with human rights, the Human Rights Council consists of 47 elected Member.

Correct Answer – C. Deepankar Aron

Explanation: The book titled “On the Trail of Buddha: A Journey to the East” by Deepankar Aron has been released by West Bengal governor Jagdeep Dhankhar. On the Trail of Buddha—A Journey to the East is a unique sojourn in search of the spiritual, philosophical, and cultural linkages that bind India to the East Asian civilisations.

From the wandering monks of Asia to the temples and monasteries they visited; from the statues and frescoes in grottoes to those in the museums; from the diverse ethnicities of the people to their common gods and goddesses—the book explores the ‘ancient India’, beautifully preserved in the traditions, art, and architecture of China, as also in Mongolia, Korea and Japan, to where it spread from China.

Correct Answer – D. Sviatlana Tsikhanouskaya

Explanation: The European Union has awarded its top human rights prize to the Belarus opposition movement and its leader, Sviatlana Tsikhanouskaya, for their challenge to President Alexander Lukashenko’s long, hard-line reign. It is an honour to announce that the women and men of the democratic opposition in Belarus are the 2020 Sakharov Prize laureates.

A 38-year old former English teacher with no previous political experience, Ms. Tsikhanouskaya joined the race after her husband who aspired to run for president was jailed. He has remained in prison. Ms. Tsikhanouskaya has rejected the official tally and refused to concede defeat, but was forced to move to Lithuania under pressure from authorities.

Correct Answer – B. Gujarat

Explanation: Prime Minister Narendra Modi has inaugurated three projects in his home State Gujarat, one each related to farmers’ welfare, healthcare, and tourism development, via video conference from New Delhi. The projects inaugurated include:

• The ‘Kisan Suryodaya Yojna’ is an Agri scheme which aims to provide power supply during daytime from 5 am to 9 pm (16 hours) for irrigation purposes to farmers.
• The state government has allocated a budget of Rs 3,500 crores for installing transmission infrastructure under this scheme by 2023.
• Initially, Dahod, Patan, Mahisagar, Panchmahal, Chhota Udepur, Kheda, Tapi, Valsad, Anand and Gir-Somnath districts have been covered under the scheme for 2020-21. The rest will be included in a phased manner by 2022-23.

Correct Answer – A. Goa

Explanation:  India’s first sand dune parks and interpretation centres are set to be developed in Goa. World Bank has sanctioned around Rs.3 crore under the programme. The Goa state biodiversity board has proposed the project, which will be implemented with financial assistance from the World Bank.

Correct Answer – B. Bhutan

Explanation: India-assisted Mangdechhu Hydroelectric project in Bhutan has been awarded the Brunel Medal-2020, an award conferred by the UK’s top engineering body, Institute of Civil Engineers. The 720-MW Mangdechhu run-of-river power project is built on the Mangdechhu River in Trongsa Dzongkhag district of central Bhutan at a cost of Rs 4,500-crore. The project was jointly inaugurated by the prime ministers of the two countries in August 2019, during Prime Minister Narendra Modi’s state visit to Bhutan.

Correct Answer – A. 28th October

Explanation: International Animation Day is observed globally on 28 October every year. The day has celebrated the art of animation and also recognise the artists, scientists and technicians behind animation. This year marks the 19th International Animation Day. The day was created in 2002 by International Animated Film Association (ASIFA), an International Animated Film Association, a member of UNESCO.

Correct Answer – B. Sri Lanka

Explanation: ICICI Bank has shut down his operations in Sri Lanka after getting approval from the Sri Lankan monetary authority. The Monetary Board of the Central Bank of Sri Lanka, having considered the request made by ICICI Bank, has granted approval to close down the business operation of the bank in Sri Lanka and cancel the licence issued to it. The Director of Bank Supervision being satisfied with the bank complying with the terms and conditions imposed by the Monetary Board, the licence issued to the bank to carry on banking business in Sri Lanka is cancelled with effect from October 23, 2020.

Correct Answer – C. Luis Arce

Explanation:  Luis Arce has been chosen as the President-elect of Bolivia, after winning a landslide victory in the 2020 Bolivian general election. He captured 55.1% of the total votes. Arce will take the charge of the office on 8 November 2020. He would succeed Jeanine Anez, who is serving as the interim President of Bolivia. The 57-year-old, Luis is a member of the political party Movement Toward Socialism. Previously, Arce served as Minister of Economy and Public Finance from 2006 to 2017 and in 2019 under President Evo Morales.

Correct Answer – D. Bangladesh

Explanation: Bangladesh government has decided that no service will be provided to people who don’t wear a mask. The cabinet meeting chaired by Prime Minister Sheikh Hasina decided that no one will be allowed to enter offices without the mask. It decided that all offices must install notice boards saying ‘no mask, no service’ in order to control the spread of COVID 19 virus in the country. Involving community leaders in the campaign to wear a mask, the Cabinet Secretary said that the government has also talked to the Islamic scholars and religious leaders to publicize this at all mosques through the Imams.