Daily GK and Current Affairs Quiz – 4th December 2020

Correct Answer: B. ADB

Explanation: The Asian Development Bank (ADB) and the Government of India have signed a $132.8 million loan. It will help strengthen and modernize the distribution network and improve the quality of power supplied in Meghalaya. The project will construct 23 substations; renovate and modernize 45 substations, install and upgrade 2,214 kilometres of distribution lines. etc.

Correct Answer – D. Burevi

Explanation: The deep depression over the southeast and adjoining southwest Bay of Bengal has intensified into a cyclonic storm. It is named as ‘Burevi’ and the name has been contributed by the Maldives. It is set to cross the shores between Pamban and Kanyakumari in southern Tamil Nadu early in the morning on 4 December 2020.

Correct Answer – D. Punjab National Bank

Explanation: Punjab National Bank (PNB) has launched a tech-based loan management solution called ‘LenS-The Lending Solution’. It will speed up and maintain accuracy in online loan processing and sanctioning of credit proposals. This system is envisaged to be implemented in a phased manner for all kinds of loans — MSME, agriculture, retail and other credit.

Correct Answer – D. Slack Technologies Inc.

Explanation:  Salesforce.com Inc. has agreed to buy Slack Technologies Inc. for $27.7 billion in cash and stock. The transaction, Salesforce’s largest-ever acquisition, is expected to close by the end of July 2021. Stewart Butterfield, Slack’s co-founder and CEO, will continue to run the business as a Salesforce unit when the deal is completed.

Correct Answer – A. USA

Explanation: The U.S. has emerged as the second-biggest source of foreign direct investment (FDI) into India after Singapore, replacing Mauritius, during the first half of the current financial year, according to data of the Commerce and Industry Ministry. During April-September 2020, India attracted FDI worth $7.12 billion from the U.S. and $2 billion from Mauritius, which slipped to the fourth position, the DPIIT (Department for Promotion of Industry and Internal Trade) data showed.

Singapore with $8.30 billion foreign inflows continued to be the top source of FDI for India in April-September 2020-21. The country has received $2.1 billion inflows from the Cayman Islands. The islands were followed by Netherlands ($1.5 billion), U.K. ($1.35 billion), France ($1.13 billion), Japan ($653 million), Germany ($202 million), and Cyprus ($48 million).

Correct Answer – B. SBI

Explanation: State Bank of India (SBI), in association with Japan’s JCB International Co Ltd (JCB), has launched a debit card on National Payments Corporation of India’s (NPCI) RuPay network. The ‘SBI RuPay JCB platinum contactless debit card’ comes with a dual-interface feature, which will enable customers to perform both contact and contactless transactions in the domestic market and seamless contact transactions overseas.

With this card, consumers would be able to transact on ATMs and PoS terminals across the globe under JCB network. They can also shop online from JCB-partnered international e-commerce merchants using this card,” SBI, JCB and NPCI.

Correct Answer – A. India

Explanation: The World Malaria Report, 2020 was recently released by the World Health Organisation. As per the report, India recorded the largest reduction in malaria cases in South East Asia. The case count has reduced from 20 million in 2000 to around 5.6 million in 2019. However, India is the largest contributor of Malaria cases in the south-east Asia region. Around 88% of Malaria cases in the region are from India.

According to the world Malaria report, 2020 prepared by the World Health Organisation, India was one among the 11 highest Malaria burden countries in the world. According to the report the highest Malaria burden countries were Cameron, Democratic Republic of Congo, Burkina Faso, Mozambique, Mali, Ghana, India, Nigeria and United Republic of Tanzania. These countries accounted to 70% of global estimated Malaria burden. Most of these countries were from Africa.

Correct Answer – C. Uttarakhand

Explanation: Uttarakhand Chief Minister Trivendra Singh Rawat inaugurated the Suryadhar lake at Doiwala in Dehradun. Suryadhar lake has been built at a cost of Rs 50.25 crore.It is 550 metres long, 28 metres wide and 10 metres deep with a capacity of 77,000 cubic metres. The lake will address the drinking water and irrigational needs of nearly 20 villages around it and is also set to become a major tourist and water sports destination in coming times.

Correct Answer – D. Madhya Pradesh

Explanation:  The Union Minister for Tribal Affairs, Arjun Munda has launched the first-ever virtual edition of Aadi Mahotsav – Madhya Pradesh. The event will showcase the tribal traditions of the various tribal communities by having their crafts and natural products on display. Videos showcasing different aspects of their culture – music, dance etc, will also be shared. In essence, it will still be a celebration of the tribes and their diverse, varied lifestyle but on a different platform.

The 10-day long festival will begin from December 1, 2020. It is being hosted on the Tribes India website – www.tribesindia.com. The highlights of the virtual launch included a virtual tour of the artisans’ workplace and glimpses of the tribal dance and music from Madhya Pradesh. The main focus of the first virtual Aadi Mahotsav is on the tribal craft and culture of Madhya Pradesh. The next focus state of the programme would be Gujarat ( from 11th December 2020), followed by West Bengal from the 21st December 2020.

Correct Answer – B. Sandeep Kataria

Explanation: Footwear major Bata Shoe Organization has appointed Sandeep Kataria as the new global Chief Executive Officer (CEO). He is the first Indian to be appointed to the global role of Bata (Headquarter-Lausanne, Switzerland). He takes over from Alexis Nasard, who has stepped down after almost five years in the role. Before this, Kataria was the CEO of Bata India since 2017. Under Kataria, Bata India managed to transform into the largest footwear retailer in India within a relatively short span.

Correct Answer – A. 3rd December

Explanation: The International Day of Persons with Disabilities is observed annually on December 3. The IDPWD day was proclaimed in 1992 by the United Nations General Assembly. The 2020 theme: ‘Not all Disabilities are Visible’. The day is celebrated to promote the rights and well-being of persons with disabilities in all spheres of society and development, and to increase awareness of the situation of persons with disabilities in every aspect of political, social, economic and cultural life.

Correct Answer – C. Odisha

Explanation: India has successfully test-fired Brahmos Supersonic Cruise Missile from Chandipur in Odisha. Described as the world’s fastest supersonic cruise missile with high rate of precision and accuracy, BrahMos can be fired from land, sea and air. BrahMos is a joint venture between the DRDO and the NPOM(a Russian military technology firm) of Russia.

Correct Answer – C. 4th December

Explanation:  In India, December 4 is observed as the National Navy Day every year, to celebrate the achievements and role of the naval force to the country. The theme of Navy Day 2020 is “Indian Navy Combat Ready, Credible & Cohesive”. The Indian Navy is the marine branch of the Indian Armed Forces and is led by the President of India as Commander-in-Chief. The Maratha Emperor, Chhatrapati Shivaji Bhosle of the 17th century is considered as “Father of the Indian Navy”.

Correct Answer: C. Politics

Explanation: Rajya Sabha Member of Parliament from Gujarat Abhay Bhardwaj passed away due to COVID-19 in December 2020. Abhay Bharadwaj was a prominent lawyer and was elected to Rajya Sabha in June 2020. He had tested coronavirus positive in August 2020 after attending party meetings and a roadshow in Rajkot.