Current Affairs Quiz December 6th & 7th 2020

Current Affairs Quiz December 6th & 7th 2020

Here is the Current affairs quiz December 6th & 7th 2020 for RBI/NABARD/SEBI in the quiz series. This quiz series is also useful for IBPS/SBI PO, Railway recruitment, LIC AAO and clerical exams. The questions covers current affairs, static financial knowledge and other  important topics which can be asked in competitive exams. Answers are given at the end of the quiz.

Current affairs quiz December 6th & 7th 2020

Q1. Name the company that has entered into an agreement with NewSpace India Limited (NSIL) to launch its first remote-sensing satellite on an ISRO PSLV rocket in early 2021?

  1. Pixxel
  2. Actify Data Labs
  3. Bewgle
  4. Atlan

Answer: (1)
India’s first private satellite-imaging company, Pixxel has entered into an agreement with NewSpace India Limited (NSIL), a Central Public Sector Enterprise of Government of India and the commercial arm of ISRO, to launch Pixxel’s first remote-sensing satellite on an ISRO PSLV rocket in early 2021

Q2. Who has approved loan amounting to $190m for the upgrade and modernisation of power distribution system in Bengaluru city?

  1. World Bank
  2. Asian infrastructure Investment Bank
  3. New Development Bank
  4. Asian Development Bank

Answer: (4)
The Asian Development Bank (ADB) has agreed to provide a combined sovereign and non-sovereign loan amounting to $190m for the upgrade and modernisation of power distribution system in Bengaluru city in the Indian state of Karnataka

Q3. Name the bank that launched a tech-based loan management solution called ‘LenS-The Lending Solution’?

  1. State Bank of India
  2. Punjab National Bank
  3. Canara Bank
  4. Axis Bank

Answer: (2)
Punjab National Bank (PNB) has launched a tech-based loan management solution called ‘LenS-The Lending Solution’, to speed up and maintain accuracy in online loan processing and sanctioning of credit proposals

Q4. Reserve Bank of India (RBI) has announced that Real Time Gross Settlement System (RTGS) will be made available 24×7 with effect from __________

  1. 12th December
  2. 13th December
  3. 14th December
  4. 15th December

Answer: (3)
RTGS 24x7x365 will be launched with effect from 00:30 hours on December 14, 2020

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Q5. Narinder Singh Kapany was passed away recently. He was known as _____

  1. Father of White Revolution
  2. Father of fibre optics
  3. Father of Internet Technology
  4. Father of Modern Management

Answer: (2)
Narinder Singh Kapany, also known as the father of fibre optics, passed away on December 4 at the age of 94

Q6. Armed Forces Flag Day is observed annually on _______

  1. 7th December
  2. 8th December
  3. 9th December
  4. 10th December

Answer: (1)
Since 1949, 7th December is observed as the Armed Forces Flag Day throughout the country to honour the martyrs and the men in uniform who valiantly fought

Q7. International Civil Aviation Day is observed annually on ________

  1. 7th December
  2. 8th December
  3. 9th December
  4. 10th December

Answer: (1)
In 1996 the United Nations General Assembly proclaimed that 7 December was to be the International Civil Aviation Day.

Q8. Corey Anderson retires from international cricket. He belongs to which country?

  1. Australia
  2. England
  3. South Africa
  4. New Zealand

Answer: (4)
New Zealand all-rounder Corey Anderson retires from international cricket.

Q9. Who has been named “Asians of the Year” by Singapore’s leading daily, The Straits Times?

  1. Cyrus S. Poonawalla
  2. Adar C. Poonawalla
  3. Randeep Guleria
  4. None of the Above

Answer: (2)
Adar Poonawalla, the chief executive of the world’s largest vaccine manufacturer Serum Institute of India, is among six people named “Asians of the Year” by Singapore’s leading daily, The Straits Times for their work in fighting the COVID-19 pandemic.

Q10. Name the bank that has launched the ‘iMobile Pay’ app, which offers payments and banking services for all?

  1. Axis Bank
  2. HDFC Bank
  3. ICICI Bank
  4. Kotak Mahindra Bank

Answer: (3)
ICICI Bank has launched the ‘iMobile Pay’ app, which offers payments and banking services for all. This app will not be limited to ICICI Bank customers only, and customers of any bank can use this app. This is an online payment system app in line with Google Pay, PhonePe, etc

You may also like to read: Current Affairs Quiz December 5th 2020

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