Current Affairs Quiz July 16th 2020

Current Affairs Quiz July 16th 2020

Here is the Current affairs quiz July 16th 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 July 16th 2020

Q1. Name the state whose entire area has been declared as “disturbed area” for a further period of six months till December-end?

  1. Nagaland
  2. J&K
  3. Assam
  4. Tripura

Answer: (1)
The Centre government has declared the entire Nagaland as “disturbed area” for a further period of six months till December-end.

Q2. Édouard Philippe has submitted his resignation. He was Prime Minister of which country?

  1. Germany
  2. Italy
  3. Belgium
  4. France

Answer: (4)
The French government led by Prime Minister Edouard Philippe and his government submitted their resignations

Q3. Name the financial institute that has approved $750-million loan to increase flow of finance to micro, small, and medium enterprises (MSMEs) in India?

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

Answer: (2)
The World Bank has approved $750-million loan to increase flow of finance to micro, small, and medium enterprises (MSMEs) in India, which have been severely impacted by the covid-19 crisis. This will support the MSME package announced by the government under its ‘Self-reliant India’ programme.

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Q4. RBI has announced a special liquidity scheme for NBFCs and HFCs worth Rs ______?

  1. Rs 10000 crore
  2. Rs 20000 crore
  3. Rs 30000 crore
  4. Rs 40000 crore

Answer: (3)
The Union Cabinet gave nod to launch a special liquidity scheme worth Rs 30,000 crore for stressed non-banking financial companies and housing finance companies, whose financials further deteriorated due to COVID-19 crisis.

Q5. Name the author of book titled “The Future of Higher Education”?

  1. Apoorva Kumar Singh
  2. Abhay K.
  3. Amit Shah
  4. CA V Pattabhi Ram

Answer: (4)

Q6. World Sports Journalists Day is observed annually on ____?

  1. 1st July
  2. 2nd July
  3. 3rd July
  4. 4th July

Answer: (2)
World Sports Journalists Day is celebrated on July 2 of every year. The day aims to acknowledge the work of sports journalists & to encourage them to do better at their work

Q7. Name the institute that has developed a classroom-to-home teaching setup ‘Mobile Masterjee’?

  1. IIT Kanpur
  2. IIT Delhi
  3. IIT Mumbai
  4. IIT Roorkee

Answer: (1)
IIT Kanpur has developed a classroom-to-home teaching setup that can record the lectures or instructions by the teachers while using their available smartphones. It is named ‘Mobile Masterjee’, who can capture the videos of the classroom lecture in many positions

Q8. Who has joined the central banks and supervisors Network for Greening the Financial System (NGFS) as an observer?

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

Answer: (3)
The Asian Development Bank (ADB) has joined the central banks and supervisors Network for Greening the Financial System (NGFS) as an observer

Q9. Who has launched MSMEs initiative “Global Bharat” to make them globally competitive?

  1. SAP
  2. Accenture
  3. Wipro
  4. TCS

Answer: (1)
SAP India announces the launch of Global Bharat, a program designed to enable Indian MSMEs become globally competitive by equipping them with digital technologies.

Q10. Which among the following is not the part of Joint initiative namely Drug Discovery Hackathon?

  1. All India Council for Technical Education
  2. Council of Scientific and Industrial Research
  3. Centre for Development of Advanced Computing
  4. NITI Aayog

Answer: (4)
Drug Discovery Hackathon is a joint initiative of MHRD’s Innovation Cell (MIC), All India Council for Technical Education (AICTE) and Council of Scientific and Industrial Research (CSIR) and supported by Centre for Development of Advanced Computing (CDAC), MyGov as well as private players.

You may also like to read: Current Affairs Quiz July 14th & 15th 2020

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