Here is the Current affairs quiz October 12th & 13th 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.
Q1. Name the financial institution that have signed a $300 million loan to finance inclusive and sustainable water supply and sanitation infrastructure and services in 14 secondary towns of the state of Rajasthan?
- Asian Development Bank
- World Bank
- AIIB
- New Development Bank
Answer: (1)
The Asian Development Bank (ADB) and the Government of India have signed a $300 million loan to finance inclusive and sustainable water supply and sanitation infrastructure and services in 14 secondary towns of the state of Rajasthan
Q2. Name the state that has tied up with India Posts to get farmers enrolled in the Pradhan Mantri Kisan Samman Nidhi scheme?
- Maharashtra
- Uttar Pradesh
- Assam
- Goa
Answer: (4)
In the country’s first and unique drive, the Goa government has tied up with India Posts to get 11,000 farmers enrolled in the Pradhan Mantri Kisan Samman Nidhi scheme
Q3. Which has become the first state in the country to have high-tech classrooms in all its public schools?
- Tamil Nadu
- Kerala
- West Bengal
- Haryana
Answer: (2)
Chief Minister Pinarayi Vijayan has declared the state public education sector completely digital as Kerala has become the first state in the country to have high-tech classrooms in all its public schools
Q4. Name the state that has launched mobile water testing laboratory van recently?
- Tamil Nadu
- Kerala
- West Bengal
- Haryana
Answer: (4)
The Haryana government has launched a mobile water testing laboratory van, fully equipped with a multi-parameter system to maintain water quality in the state. The mobile testing van has a system which contains analysers, sensor, probes and instruments that can assess water quality.
Q5. International Day for Disaster Reduction has been observed annually on _______
- 13th October
- 12th October
- 11th October
- 10th October
Answer: (1)
The International Day for Disaster Reduction, held each year on 13 October, celebrates how people and communities around the world are reducing their exposure to disasters. UNESCO is engaged in the conceptual shift in thinking away from post-disaster reaction and towards pre-disaster action and helps countries build their capacities in managing disaster and climate risk
Q6. Who has won the 17th NBA championship?
- Golden State Warriors
- Chicago Bulls
- Los Angeles Lakers
- Miami Heat
Answer: (3)
Los Angeles Lakers, fuelled by superstar LeBron James’ triple-double, dominated Miami Heat 106-93 to win its 17th NBA championship. It’s first in a decade pulled Lakers level with the Boston Celtics for the most number of crowns
Q7. Name the country that has topped the 2020 Commitment to Reducing Inequality (CRI) Index?
- Finland
- Norway
- Switzerland
- Poland
Answer: (2)
The 2020 CRI index has been topped by Norway. South Sudan is the lowest ranking country in the index at 158th position
Q8. India has been ranked _____ in 2020 Commitment to Reducing Inequality (CRI) Index?
- 113th
- 121st
- 125th
- 129th
Answer: (4)
India has been ranked 129 among 158 countries in the 2020 Commitment to Reducing Inequality (CRI) Index
Q9. RBI has raised the banks’ maximum aggregate retail exposure limit to entities with turnover up to Rs 50 crore to ___________
- Rs 7.5 crore
- Rs 10 crore
- Rs 12.5 crore
- Rs 15 crore
Answer: (1)
In a bid to increase credit flow to small businesses, the RBI has raised banks’ maximum aggregate retail exposure limit to entities with turnover up to Rs 50 crore to Rs 7.5 crore, up from Rs 5 crore
Q10. Name the bank that has partnered with Google Pay to launch the ACE Credit Card?
- HDFC Bank
- Axis Bank
- ICICI Bank
- Kotak Mahindra Bank
Answer: (2)
Axis Bank in association with Google Pay launched ACE Credit Card today. Axis Bank ACE Credit Card is an entry level card which provides accelerated rewards on bill pay and recharge at Google Pay. This card provides the reward in the form of cashback making it simple and hassle free.
You may also like to read: Current Affairs Quiz October 11th 2020
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