Daily GK and Current Affairs Quiz – 4th September 2020

Correct Answer: C. Karan Johar

Explanation: Bollywood Filmmaker, Karan Johar authored a children’s picture book titled “The Big Thoughts of Little Luv” inspired by his Twins Yash and Roohi. The book will be published by Juggernaut Books. The book narrates the story of the twins Luv and Kusha and features the challenges faced by the parents and the difference imposed between the boys and girls by the parents while raising them. Karan Johar released his autobiography titled “An Unsuitable Boy” in 2017.

Correct Answer – C. 86,449 crore

Explanation: The gross GST revenue collected in August 2020 is Rs 86,449 crore. Out of this, CGST is Rs 15,906 cr, SGST is Rs 21,064 cr, and IGST is Rs 42,264 crore. The government has settled Rs 18,216 cr to CGST and Rs 14,650 cr to SGST from IGST as regular settlement. The total revenue earned by Central Govt and the State Govts after regular settlement in August is Rs 34,122 crore for CGST.

Correct Answer – A. Uttar Pradesh

Explanation: Uttar Pradesh government has decided to set up exclusive anti-electricity theft police stations in every district of the state to address the problem of frequent cases of power theft. One police station dedicated to deal with the issue of power theft will be opened in all 75 districts out of which 63 has already started functioning. The govt has also raised the number of enforcement teams from 33 to 88.

Correct Answer – C. 2nd September

Explanation: World Coconut Day is observed every year on 2 September. It is being celebrated under the auspices of the Asia-Pacific Coconut Community since 2009 to focus attention and awareness about this plantation crop. In India, Kerala tops the production in coconut, but Tamil Nadu and Karnataka are also picking up in this sector. In Tamil Nadu, the annual production is around 2 crores 17 lakh nuts.

Correct Answer – A. S R Sarma

Explanation: Vice Admiral S R Sarma has assumed charge as the Chief of Materiel of the Indian Navy. Admiral Sarma during his illustrious career spanning over three and a half decades has served onboard Indian Naval ships Vindhyagiri, Rana, Krishna and Mysore in various capacities. In recognition of his distinguished services, the Admiral was awarded the Ati Vishisht Seva Medal and Vishisht Seva Medal.

Correct Answer – C. Dinesh Pant

Explanation: Insurance regulator IRDAI has constituted a six-member working group on index-linked products following requests for permission from life insurers to introduce such products. The working group, to be led by Dinesh Pant, appointed actuary of LIC of India, will examine the need for such products in India and how they will better serve needs and interests of customers relative to traditional savings product. It will also examine the products earlier available in the market in terms of product structure, ease of customer understanding and administrative processes and any other matter of relevance. Current IRDAI product regulations do not specifically permit insurers to sell index-linked products. However, taking into considerations requests from life insurers, it has been decided to constitute a working group to examine various aspects.

Correct Answer – D. Matthew Hayden

Explanation: The Australian government has appointed former cricketer Matthew Hayden and Indian-origin politician Lisa Singh as trade envoys for advancing business ties with India. Three new appointments to the board of the Australia-India Council were announced.  Lisa Singh, former Labor Party Senator from Tasmania, would be the Deputy Chair. Former Victoria Premier Ted Baillieu and former cricketer Hayden are the other new members. The council plays an important role in advancing Australia’s foreign and economic policy interests with India.

Correct Answer – B. IIT Bombay

Explanation: Indian Institute of Technology (IIT) Bombay, students have launched a free-of-cost mobile scanner application “AIR Scanner”. The app saves the scanned document in PDF format and stores directly in the device. The AI (Artificial Intelligence) based Reading Assistant and Document Scanner app is developed by Rohit Kumar Chaudhary and Kavin Agrawal. IR Scanner app does not collect any information about the user and all the documents are stored in the phone’s local storage. The document scanned using a mobile camera will be saved in PDF format and will be stored in the device only.

Correct Answer – C. Rs 1.22 lakh crores

Explanation:  Coal India Ltd (CIL) will invest over Rs 1.22 lakh crores on development of nearly 500 projects. The projects are related to coal evacuation, infrastructure, project development, exploration and clean coal technologies in the country. The investment aims at making India self-reliant in terms of coal and achieves the production target of 1 billion tonnes by 2023-2024.

Correct Answer – D. Jawaharlal Nehru Centre for Advanced Scientific Research

Explanation: Researchers from the Jawaharlal Nehru Centre for Advanced Scientific Research have developed a theranostics (diagnostic therapy) drug candidate for lung cancer. The research work funded jointly by DST, BRICS Multilateral R&D Projects grant, and SwarnaJayanti Fellowship Grant was published in the journal Theranostics. Lung cancer is the most common cause of cancer-related death worldwide.

Correct Answer – C. Shailendra Dashora

Explanation: In Jammu & Kashmir, Shailendra Dashora has joined as the new Chief Postmaster General, Jammu and Kashmir Circle in Jammu. He is an Indian Postal Service (IPoS) Officer of 1989 batch. Soon after taking over as Chief Post Master General, J&K Circle, Dashora reviewed the functioning of Postal Department in the Union Territories of Jammu & Kashmir and Ladakh.

Correct Answer – D. Federal Bank

Explanation: To provide convenient and affordable options of Federal Bank Debit Cards through Innoviti Point of Sale (POS) terminals, the Federal Bank and Innoviti Payment Solutions Pvt. Ltd (Innoviti) have entered into a partnership. The partnership will offer Equated Monthly Installments (EMIs) options to over 7.5 million Federal Bank Debit Card holders at over 70,000 Innoviti POS terminals across 1000 cities. The partnership is in view of COVID-19 crisis as people are cautious about their spending and still will need affordable options in essential categories such as healthcare, education and IT (computers and laptops). Through this partnership customers can access the credit, which can be repaid in convenient Equated Monthly Installments(EMIs) through their Federal Bank Debit Card, particularly in smaller Tier 2/Tier 3 towns.

Correct Answer – C. 118

Explanation: The Ministry of Electronics and Information Technology, Government of India has decided to block 118 mobile apps in view of the emergent nature of threats. These applications have been blocked as there was information that these apps are engaged in activities which is prejudicial to sovereignty and integrity of India, defence of India, security of state as well as public order. The step is expected to safeguard the interests of crores of Indian mobile and internet users and will also ensure safety, security and sovereignty of Indian cyberspace. 118 mobile apps have been blocked by the Ministry of Electronics and Information Technology by invoking it’s power under section 69A of the Information Technology Act read with the relevant provisions of the Information Technology (Procedure and Safeguards for Blocking of Access of Information by Public) Rules 2009.

Correct Answer: C. Cardiologist

Explanation: Noted cardiologist, Dr S Padmavati passed away at the age of 103 years due to COVID-19. She was the first female cardiologist of India and was popularly known as ”God Mother of Cardiology”. She was the founder of the National Heart Institute. She was born in Burma (now Myanmar) in 1917, a year before the world was hit by the Spanish Flu pandemic.