www.gradeup.

co

1
www.gradeup.co

1. World Bicycle Day is celebrated every year on which date? 4. The Expert Committee on Rationalization of Film Media
A. 1st June B. 30th May has submitted its report recently, the committee is operating
C. 25th May D. 21st May under which ministry?
E. 3rd June A. Ministry of Information and Broadcasting
Ans: E B. Ministry of Human resource and Development
• Every year, World Bicycle Day is celebrated on June 3. The C. Ministry of Science and Technology
day is celebrated by the United Nations to lay emphasis D. Ministry of Electronics and Information Technology and
about the benefits of cycling. Communications
• The World Bicycle Day is being celebrated since 2018. The E. Ministry of Social Justice and Empowerment
day was declared by the United Nations. The main aim to Ans: A
observe the day is to celebrate uniqueness, versatility and • The Expert Committee on Rationalization of Film Media
longevity of bicycle. operating under Ministry of Information and Broadcasting
• The day is being celebrated as an after effect of Leszek submitted its report to the ministry.
Sibilski’s crusade. Sibilski led campaigns to promote UN • The Committee recommended roadmaps for the
resolution for World Bicycle Day. development of National Film Development Corporation,
Children’s Film Society of India, Films division, Satyajit Ray
2. National Jal Jeevan Mission approved the Annual Action Film and Television Institute, National Film Archives of India,
Plan of Arunachal Pradesh, under which the state is to etc. The Committee recommended a Memorandum of
provide tap connection to all the rural households in the Understanding to be signed between the Ministry and these
state by______. institutes streamlining the performances of the institutes.
A. 2020 B. 2021 C. 2022 • The committee has suggested for an umbrella
D. 2023 E. 2024 configuration with four broad verticals under which the
Ans: D institutes should work. This includes festival, production,
• The National Jal Jeevan Mission approved the Annual heritage and knowledge. The verticals are to be headed by
Action Plan of Arunachal Pradesh. the professionals.
• Under the plan, the state is to provide tap connection to all • The committee was headed by Bimal Julka.
the rural households in the state by 2023.
• In order to achieve the plan, the GoI has approved Rs 255 5. What is the name has been given to the fast-moving
as additional funds. depression in the Arabian Sea which intensified into a severe
• The State Governments are provided with additional funds cyclone?
based on their achievements. A. Antifa B. Nisarga
C. Amphan D. Vayu
3. Which state government has launched a mobile E. Hudhud
application that will inform people in the state about the Ans: B
availability of the hospital beds and ventilators in the • A fast-moving depression in the Arabian Sea has intensified
government and private hospitals? into a severe cyclone named ‘Nisarga’.
A . Uttar Pradesh B. Karnataka • The name ‘Nisarga’ has been suggested by Bangladesh.
C. Delhi D. Maharashtra • As per the India Meteorological Department, the impact of
E. Gujarat the cyclone is likely to be felt in Maharashtra and Gujarat.
Ans: C • There is a concern about the impact of the cyclonic storm
• Delhi Chief Minister Arvind Kejriwal launched Delhi on the battle against Covid-19, as the rain and flooding may
Corona App. set back social distancing and other necessary measures at
• The application is to provide all required information that evacuation centres, and even at some Covid-19 facilities
are related to ventilators and hospital beds in the city. located in low-lying areas.
• The Application mainly aims at providing real time • Few days back, super cyclone Amphan - one of the
information. strongest cyclones the country has seen in the last few
• The application will provide information related to decades - hit West Bengal, Odisha and Bangladesh.
availability of hospital beds and ventilators in the city. It is • Cyclone Nisarga is expected to be weaker than Cyclone
now available on Google Play. Amphan in strength and intensity.
• The application is being launched as there were complaints
that there are no enough ventilators and hospital beds in 6. The expert panel constituted by the Securities and
Delhi to treat severely ill COVID-19 patients. The criticisms Exchange Board of India (SEBI) under Ishaat Hussain has
in Delhi have increased as the number of cases cross 20,000. recommended to allow ________ to directly list on Social Stock
Exchanges (SSE).
A. Non-Banking Financial Companies (NBFCs)
B. Non-profit Organizations
2
www.gradeup.co
C. Non-Governmental Organisation
D. Co-operative Societies
E. None of these
Ans: B
• Recently, an expert panel constituted by the Securities and
Exchange Board of India (SEBI) has recommended allowing
non-profit organisations to directly list on Social Stock
Exchanges (SSE).
• Allowing non-profit organisations to directly list through
issuance of bonds in the form of zero coupon or zero
principal bonds.
• Zero-coupon bond is a debt security that does not pay
interest but instead trades at a deep discount, drawing a
profit at maturity, when the bond is redeemed for its full face
value.
• This would help to access funds from donors, philanthropic
foundations and Corporate Social Responsibility (CSR)
spenders as they will be encouraged to buy zero coupon
bonds.
7. Which grade has been given by ratings agency Moody’s
Investors Service towards India’s sovereign rating?
A. Baa2 B. Baa3 C. BBB-
D. AA+ E. BB+
Ans: B
• Recently, ratings agency Moody’s Investors Service
downgraded India’s sovereign ratings from Baa2 to Baa3.
• Baa3 is the lowest investment grade in Moody’s rating
ladder.
• This means, India is just one notch above the non-
investment grade or junk grade.
• Moody’s had upgraded the country’s rating to Baa2 in
November 2017.
• According to Moody, India’s real GDP growth rate will
contract by 4% in 2020-21 due to the shock from the
coronavirus pandemic and related lockdown measures.
• It expects the economy to grow 8.7% next financial year
and closer to 6% in the subsequent year.
8. On the proposal of which country, the World Health
Organization has launched COVID-19 Technology Access
Pool (C-TAP) that aims at making tests, vaccines, treatments
and other health technologies accessible to all the countries?
A. Thailand B. Costa Rica
C. Iran D. Italy
E. India
Ans: B
• World Health Organization has launched COVID-19
Technology Access Pool (C-TAP) that aims at making tests,
vaccines, treatments and other health technologies to fight
COVID-19 as well as to make them accessible to all the
countries.
• More than 30 countries have signed up to support this
initiative. C-TAP was first proposed by Costa Rican President
Carlos Alvarado in March 2020. He also joined WHO’s
3
Director-General Tedros Adhanom Ghebreyesus during the
video launch of the initiative.
• The nations who have not signed up for the WHO launched
initiative are the economic powers such as France, China,
Germany, Turkey, Japan, the US, and the UK.
9. Former Union Minister and three-time Congress MP P
Namgyal passed away recently, he was held from which
state/UTs of India?
A. Jammu and Kashmir B. Ladakh
C. Sikkim D. Uttarakhand
E. Himachal Pradesh
Ans: B
• Former Union Minister and three-time Congress MP from
Ladakh, P Namgyal passes away. He has served as the
Minister of State for Parliamentary Affairs, Surface
Transport and Chemicals and Petro chemicals.
• He was also an agriculturist, a social worker and served as
the secretary general and vice president of the Pradesh
Congress Committee in the erstwhile Jammu and Kashmir
state.
10. Famous sportsperson turned coach Jayantilal Nanoma
passed away recently, he was associated with which sports?
A. Table tennis B. Shooting
C. Archery D. Boxing
E. Kabaddi
Ans: C
• Former International Archer turned coach Jayantilal
Nanoma passed away. He was an Asian Cup and Asian Grand
Prix medallist in compound individual and team archery in
2010.
• He was also the recipient of prestigious Maharana Pratap
State Sports Award and was presently serving as the District
Sports Officer in Dungarpur.
11. Which Miniratna PSUs has signed an MoU with National
Investment and Infrastructure Fund Limited (NIIFL) and
Ayana Renewable Power Private Limited (AYANA) to
explore and collaborate on opportunities in the solar energy
sector?
A. Bharat Coking Coal Limited (BCCL)
B. Bharat Dynamics Limited (BDL)
C. Bharat Earth Movers Limited (BEML)
D. Ircon International Ltd(IRCON)
E. MMTC Limited
Ans: D
• Ircon International Ltd (IRCON), a Miniratna (Category-I)
Schedule, public sector enterprise has signed a
Memorandum of Understanding (MoU) with National
Investment and Infrastructure Fund Limited (NIIFL) and
Ayana Renewable Power Private Limited (AYANA), NIIF
platform company to explore and collaborate on
opportunities in the solar energy sector.
• As per the MoU, NIIFL and IRCON have agreed in-principle
to identify, bid and execute solar energy projects through
www.gradeup.co
joint ventures/consortium arrangements & will evaluate
strategic partnerships across infrastructure projects
• The partnership also considers suitable opportunities for
solar energy production for Indian Railways as they seek to
increase the share of renewables in their overall energy mix.
• By utilizing the complementary strengths of all partners
the collaboration will enable the execution of renewable
energy projects at scale.
12. Who will chair the committee constituted by the PM
Narendra Modi to solve the difficulties faced in the
implementation of Rs.3 Lakh crore collateral-free loan for
Micro, Small & Medium Enterprises(MSME)?
A. Nirmala Sitharaman B. Amit Shah
C. Ravishankar Prasad D. Rajnath Singh
E. Prakash Javadekar
Ans: D
• Prime Minister Narendra Modi appointed a committee
headed by Rajnath Singh to solve the difficulties faced in the
implementation of Rs.3 Lakh crore collateral-free loan for
Micro, Small & Medium Enterprises(MSME) announced by
Finance Minister Nirmala Sitharaman on 13th May 2020 as a
part of Rs.20 Lakh crore Covid-19 aid to raise the economy.
• The borrowers can borrow from the financial institutions
without any asset or pledge collateral under this scheme.
• The units with Rs.25 Crore outstanding credit and Rs 100
crore turnover are eligible for the loan.
• It is for 4-year tenure with interest rates capped according
to the Finance Ministry and the moratorium will be for 12
months.
• FM announced 100% cover to banks and non-banking
financial corporations(NDFCs) on principal and interest to
benefit around 45 lakh MSME units to resume their business
and secure their jobs.
13. What is India’s rank in the “Countries Global Ranking of
Startup Ecosystem 2020” report prepared by Zurich based
global innovation mapping and research company
StartupBlink?
A. 17th B. 21st C. 23rd
D. 27 th E. 31 st
Ans” C
• According to the global innovation mapping and research
company StartupBlink India has moved down from 17th
position in 2019 to 23rd this year out of 100 countries.
• The third-largest ecosystem – India, in terms of number of
technology startups, has been ranked even behind emerging
ecosystems such as Estonia, Lithuania, Brazil, Denmark etc.
• The ranking has been led by the US, the UK, and Israel while
China has improved its rank by 13 spots to 14th position this
year and Japan stood at 21st spot.
14. Which of the following banks is the technical partner for
implementation of PM Svanidhi, or Pradhan Mantri Street
Vendor’s AtmaNirbhar Nidhi scheme launched by the
Ministry of Housing and Urban Affairs?
A. Industrial Development Bank of India (IDBI)
B. State Bank of India (SBI)
C. Small Industries Development Bank of India (SIDBI)
D. National Bank for Agriculture and Rural Development
(NABARD)
E. None of these
Ans: C
• The Ministry of Housing and Urban Affairs has launched
PM Svanidhi, or Pradhan Mantri Street Vendor’s
AtmaNirbhar Nidhi scheme.
• The scheme was announced by finance minister Nirmala
Sitharaman on 14 May to enable street vendors to resume
their livelihoods, which have been hit hard due to the
national lockdown.
• It is a special micro-credit facility plan to provide
affordable loan of up to ₹10,000 to more than 50 lakh street
vendors, who had their businesses operational on or before
24 March.
• The the scheme is valid until March 2022.
• Small Industries Development Bank of India is the technical
partner for implementation of this scheme.
• It will manage the credit guarantee to the lending
institutions through Credit Guarantee Fund Trust for Micro
and Small Enterprises.
15. What percent of incentive has been announced on capital
expenditure in the recently launched “Promotion of
Manufacturing of Electronic Components and
Semiconductors (SPECS)” scheme by the Union Minister Ravi
Shankar Prasad?
A. 4 to 6 per cent B. 8 per cent
C. 15 per cent D. 25 per cent
E. 28 per cent
Ans: D
• The Union Minister Ravi Shankar Prasad launched three
new schemes to bbost electronics sector. They are
Production linked incentive scheme, cluster scheme (EMC
2.0) and component manufacturing scheme (SPECS).
• The schemes were approved by the Union Cabinet in March
2020.
• he Scheme for Promotion of Manufacturing of Electronic
Components and Semiconductors (SPECS) will provide
incentive of 25% on the capital expenditure.
• This is extended to certain identified lists such as
semiconductor devices, electronic goods, display fabrication
units, etc.