Daily GK and Current Affairs Quiz – 30th September 2021

Correct Answer: D. September 2022

Explanation: The Ministry of Corporate Affairs (MCA) has once again extended the tenure of the Company Law Committee by one year until September 16, 2022. Corporate affairs secretary Rajesh Verma is the present chairperson of the committee. The committee was constituted in 2019 and has a total of 11 members.The committee was set up to suggest measures to improve the functioning of the National Company Law Tribunal (NCLT), make recommendations on issues pertaining to the implementation of the Companies Act and Limited Liability Partnership Act. The tenure of the panel was extended in 2020 also, till September 17, 2021.

Important Points:

• Minister of Corporate Affairs: Nirmala Sitharaman.

Correct Answer – E. Rajasthan

Explanation: Judima, homemade rice wine from Assam and Sojat Mehndi (Henna) from Rajasthan, has been awarded the geographical indication (GI) tag. A GI tag is awarded to products associated with a specific geographical origin. Award of a GI sign not only helps in tracing the origins of products but also helps in confirming authenticity and marketing of indigenous specialities.

About the Judima:

Judima is a local fermented drink made with rice, brewed by the Dimasa community in Assam. It derives its name from the words Ju which means wine and Dima means ‘belonging to the Dimasa’. It is the first traditional brew in all of the northeast to bag GI tag.

About the Sojat Mehendi:

Sojat Mehendi, originating from Mehendi leaves grown in Sojat, is naturally cultivated using rainwater. Sojat tehsil of the Pali district in Rajasthan has a suitable geological structure, topography and drainage system, climate and soil for naturally cultivating the mehndi leave crop.

Correct Answer – E. Amit Trivedi

Explanation: The International Cricket Council has launched the official anthem of the upcoming T20 World Cup along with a campaign film featuring ‘avatars’ of Indian batting maestro Virat Kohli and West Indies skipper Kieron Pollard. The song is composed by Bollywood music director Amit Trivedi, an animated film that features young fans from all over the world engaged in T20I cricket and includes some of the sport’s biggest superstars.The tournament will begin on October 17 in Oman and UAE, with the final to be played in Dubai on November 14.

About the song:

India captain Kohli leads the group of players brought to life as ‘avatars’ in the animation, that interact with each other throughout. Kohli is joined by fellow captain Pollard of the reigning champions, West Indies as well as Australian all-rounder Glenn Maxwell and Rashid Khan of Afghanistan.Launched in collaboration with ICC’s global broadcast partner Star Sports, the film premiers worldwide on Thursday across ICC, BCCI, and Star Sports’ social media handles.

Correct Answer – A. Golf

Explanation: The United States has clinched the 2021 Ryder Cup after rookie Collin Morikawa secured the final half-point to get to a 19-9 victory, which is the largest margin of victory in Ryder Cup history since the 28-point format came about. It’s the first time since 1979 and 1983 that Team USA won back-to-back home Ryder Cups after winning in 2016 at Hazeltine. The Americans lost in 2018 in France and seven of the last 10 Ryder Cups against Europe, so a dominant 2021 victory could change the tide in the rivalry.

Correct Answer- A. Press Trust of India

Explanation: Aveek Sarkar, the Editor Emeritus and Vice Chairman of the Ananda Bazar Group of Publications, was re-elected Chairman of Press Trust of India (PTI), the country’s largest premier news agency. Sarkar is a man of varied interests and counts books, food, wine and art among his principal loves. He was captain of the Royal Calcutta Golf Club (RCGC) for 10 years. Sarkar’s re-election for a two-year term was ratified by PTI’s Board of Directors at their meeting.K N Shanth Kumar, Director of The Printers (Mysore) Pvt. Ltd. which brings out Deccan Herald and Kannada language daily Prajavani, was elected as the Vice-Chairman.

Important Points:

• PTI Headquarters location: New Delhi.
• PTI Founded: 27 August 1947.

Correct Answer – A. 29 September

Explanation: International Day of Awareness of Food Loss and Waste is celebrated on September 29, since 2020, to promote and implement global efforts to resolve the issue of food wastage. The United Nations General Assembly designated 29 September as the International Day of Awareness of Food Loss and Waste in 2019.The theme for 2021 is Stop food loss and waste. For the people. For the planet. The main objective of this day is to take steps towards responsible consumption and production as well as zero hunger, along with working towards addressing the problem of climate change through sustainable food habits.

History:

In 2019, the 74th United Nations General Assembly designated 29 September as the International Day of Awareness of Food Loss and Waste, recognizing the fundamental role that sustainable food production plays in promoting food security and nutrition.

Correct Answer – C. 2025-26

Explanation:  The national Mid-Day Meal Scheme in government and aided schools popularly will now be known as PM POSHAN Scheme and will also cover students of balvatikas or pre primary classes.The Union Cabinet approved the roll-out of the ‘PM POSHAN in Schools’ scheme that will provide hot cooked meal to students of elementary classes in government and government-aided schools across the country.CCEA cleared the PM POSHAN (POshan SHakti Nirman) Scheme for providing one hot cooked meal in government and government-aided schools from 2021-22 to 2025-26, earlier known as ‘National Programme for Mid-Day Meal in Schools popularly known as Mid-Day Meal Scheme.This is a centrally-sponsored scheme which covers all school children studying in classes 1 to 8 in government, government-aided schools.

Correct Answer – E. All of the above

Explanation: Global FinTech Fest (GFF) has been organized by Payments Council of India (PCI), Fintech Convergence Council (FCC) and Internet and Mobile Association of India (AIMAI).Nirmala Sitharaman is the Chief Guest at the Global FinTech Fest (GFF) 2021.Theme of the fest: FinTech: Empowering a Global Digital Economy.

HQs: Vienna, Austria

Correct Answer – D. Rs. 4,400 crore

Explanation: The Union Cabinet has approved Rs 4,400 crore rupees investment in ECGC Ltd. (formerly known as Export Credit Guarantee Corporation of India Ltd.) in five years to provide support to exporters as well as banks.Capital Infusion and planned IPO are to increase ECGC’s underwriting capacity up to 88,000 crore and propel additional exports of 5.28 lakh crore over a five-year period.It will help create 59 lakh new jobs including 2.6 lakh in formal sector.This decision is part of a series export related schemes and initiatives taken by the Government over the last few years.These measures will provide a boost to the exports sector.Cabinet has also approved listing of Export Credit Guarantee Corporation Ltd. through the Initial Public Offer on the stock Exchange.The Company intends to increase its maximum liabilities to 2.03 lakh crore rupees from 1.00 lakh crore rupees by 2025-26.

Correct Answer – C. Gujarat

Explanation:  Union Law Minister Kiren Rijiju inaugurated the country’s first “Sports Arbitration Centre of India” in Gujarat which will serve as an independent body to fast track disputes in the sports sector.This centre will have “a far-reaching impact” and play an important role in expanding the country’s sports sector.The SACI is promoted by Ahmedabad-based SE TransStadia Pvt Ltd as an independent body to fast track disputes in the sports sector.The Ministry of Law and Justice will provide all the legal backing to the SACI which will serve as a mechanism to redress issues related to sports, an idea that was never thought of before in India.

Correct Answer – B. Mukesh Ambani

Explanation: IIFL-Hurun India Rich List 2021 was released on 30 Sep’21. With a wealth of ₹7.1 lakh crore, Mukesh Ambani topped the list for the 10th consecutive year, followed by Gautam Adani. Shiv Nadar of HCL Tech retained the third rank whereas SP Hinduja & family moved down two positions to the fourth rank in the list.  The third-generation inheritor of Godrej, Smita Crishna is India’s richest woman and is at 40th position in the list. The youngest person in the list is a 23-year old Shashvat Nakrani, founder of BharatPe.

Hurun India Rich List

It is a ranking of individuals with a net worth of ₹1,000 Crore+ and has grown to become the most comprehensive rich list from India. Mukesh Ambani is the Managing Director of Reliance Industries.

Correct Answer – A. Jyoti Deshpande

Explanation: Viacom18 has announced the appointment of Jyoti Deshpande as its CEO with immediate effect. She is already serving on the boards of Network 18 and investor in companies like Balaji Telefilms and Saavn Media. Viacom 18 Media Pvt. Limited is a joint venture between TV18 and US-based Viacom Inc. Besides the movie studio, it owns a video streaming platform VOOT.

Correct Answer – D. Australia

Explanation A group of scientists from Australia has uncovered the fossil of a yet-unknown species of the eagle from 25 mn years ago. The group of researchers from Flinders University in Adelaide found several bone fragments at the archaeological site in Lake Pinpa, Australia. These remains belong to an ancient hawk called Archaehierax sylvestris. These species had short but strong wings, longer legs, and a wide foot span.

About Australia:

• Capital – Canberra.
• Currency – Australian Dollar.
• National Sports – Cricket.
• Highest Peak – Mount Kosciuszko

Correct Answer – A. Shiv Nadar

Explanation: Shiv Nadar and Mallika Srinivasan have been chosen as the recipients of the US India Business Council’s (USIBC) 2021 Global Leadership Award. Nadar is the founder and Chairman emeritus of HCL Technologies and Srinivasan is the CMD of Tractors and Farm Equipment Limited (TAFE). They will be honored at the 2021 India Ideas Summit to be held on October 6-7, 2021.

About The U.S.-India Business Council:

• Formed in 1975.
• Headquarters – Washington DC.
• Aim – The organization serves as a direct link between business and Government leaders, resulting in increased trade and investment to strengthen ties between the two nations