Current Affairs Quiz January 1st & 2nd 2021

Current Affairs Quiz January 1st & 2nd 2021

Here is the Current affairs quiz January 1st & 2nd 2021 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 January 1st & 2nd 2021

Q1. In how many cities Light House Projects (LHPs) to be constructed under Global Housing Technology Challenge-India (GHTC-India)?

  1. Six
  2. Seven
  3. Eight
  4. Nine

Answer: (1)
Prime Minister Narendra Modi will lay the foundation stone of Light House Projects (LHPs) under Global Housing Technology Challenge-India (GHTC-India) at six sites across six states. The LHPs are being constructed at Indore (Madhya Pradesh), Rajkot (Gujarat), Chennai (Tamil Nadu), Ranchi (Jharkhand), Agartala (Tripura) and Lucknow (Uttar Pradesh). They comprise about 1000 houses at each location along with allied infrastructure facilities..

Q2. Name the multilateral agency that has signed a $10 million project readiness financing (PRF) to help finance horticulture production and farm household income in the hill state of Himachal Pradesh?

  1. World Bank
  2. IMF
  3. ADB
  4. AIIB

Answer: (3)
The Asian Development Bank (ADB) and the Government of India has signed a $10 million project readiness financing (PRF) to help finance piloting activities, and design and capacity building for an ensuing project that aims to expand horticulture production and farm household income in the hill state of Himachal Pradesh. PRF project will support advance actions to achieve high level of project readiness through detailed design activities, capacity building of state level agencies, and creating an enabling environment for subtropical horticulture development in the state.

Gromo Referal

Q3. Name the multilateral agency that will provide USD 231-mn loan to enhance power generation capacity in Assam?

  1. World Bank
  2. IMF
  3. Asian Development Bank
  4. Asian Infrastructure Investment Bank

Answer: (3)
The Asian Development Bank (ADB) will provide a USD 231-million loan to augment electricity generation capacity in Assam through construction of a 120-megawatt (MW) hydroelectric power plant. This is the third tranche loan for the ongoing Assam Power Sector Investment Program, which was approved by the ADB board in July 2014. The programme, including its two previous tranches, focuses on enhancing capacity and efficiency of the energy generation and distribution systems in Assam to improve electricity service to end users.

Q4. The Central government has further extended the deadline to file an income tax return (ITR) to ______

  1. January 5, 2021
  2. January 10, 2021
  3. January 15, 2021
  4. January 31, 2021

Answer: (2)
The Central government has further extended the deadline to file an income tax return (ITR) for FY 2019-20 by 10 days, up to January 10, 2021

Q5. Who has been appointment as Chairman & CEO of Railway Board?

  1. Vinod Sehgal
  2. Rajesh Kumar
  3. Deepak Talwar
  4. Suneet Sharma

Answer: (4)
The Central government has appointed Suneet Sharma as new Chairman and Chief Executive Officer (CEO) of the Indian Railway Board (Ministry of Railways) and ex-officio Principal Secretary to Government of India.

Q6. Who has taken over as Chairman of Steel Authority of India Limited (SAIL)?

  1. Soma Mondal
  2. Shashank Priya
  3. Puneet Kansal
  4. Harinand Rai

Answer: (1)
Soma Mondal takes over from Anil Kumar Chaudhary as SAIL Chairman. Soma Mondal has taken over as Chairman of Steel Authority of India Limited (SAIL)

Q7. The Appointments Committee of the Cabinet has approved the extension of tenure of K Sivan, secretary, Department of Space and chairman, Space Commission till ____

  1. 2021
  2. 2022
  3. 2023
  4. 2024

Answer: (2)
The Appointments Committee of the Cabinet has approved the extension of tenure of K Sivan, secretary, Department of Space and chairman, Space Commission, for a period of one-year beyond January 14, 2021, that is up to January 14, 2022

Q8. Who has been appointed as the deputy election commissioner in the Election Commission of India?

  1. Rajesh Yadav
  2. Sushil Chandra
  3. Rajiv Kumar
  4. Umesh Sinha

Answer: (4)
Umesh Sinha has been appointed as the deputy election commissioner in the Election Commission of India

Q9. Name the author of book titled ” Vahana Masterclass “?

  1. Abhay K
  2. Apoorva Kumar Singh
  3. Alfredo Covelli
  4. Neena Malhotra

Answer: (3)
Alfredo Covelli, an Italy based author has launched his new book Vahana Masterclass for children and Young Audience.

Q10. Who has signed an MoU with UNDP India to co-create India’s first Social Impact Bond (SIB)?

  1. Pimpri Chinchwad Municipal Corporation
  2. Greater Hyderabad Municipal Corporation
  3. Ahmedabad Municipal Corporation
  4. Greater Chennai Municipal Corporation

Answer: (1)
Pimpri Chinchwad Municipal Corporation (PCMC) recently signed an MoU with UNDP India to co-create India’s first Social Impact Bond (SIB). As part of this unique investment tool, the PCMC administration will only have to bear the costs of a public welfare project associated with the bond if the pre-defined project targets are fulfilled. This is the first time that a government body will act as the ‘Outcome Funder’ in a bond, whereas traditionally most government-funded public projects require large and early investments by the government with a substantial gestation period of outcomes and involve various kinds of risks.

You may also like to read: Current Affairs Quiz December 18th 2020

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