Daily Current Affairs : 1st and 2nd February 2020 |Daily GK update Quiz

Daily Current Affairs 1st and 2nd February 2020

Daily Current Affairs quiz, Daily gk updates and Current affairs is playing a major role in any competitive exam. so here we are providing the current affairs quiz on daily basis for Bank, SSC, Railway and Other Government Competitive Examinations.

Q.1. Which state government has Launched ‘Pension Kanuka’ Scheme To Deliver Pension At People’s Doorstep?

(a)Karnataka

(b)Andhra Pradesh

(c)Tamil Nadu

(d)Kerala

(e)Assam

Answer & Explanation
Ans.1.(b)

Exp. CM Jagan Mohan Reddy led Andhra Pradesh government has initiated a doorstep pension delivery scheme ‘YSR Pension Kanuka’ across the state, under which, various welfare pensions is being delivered at the doorstep of the pensioners.

Q.2. The amount of Disabled Pensions (DP) will be ________ per month under the ‘YSR Pension Kanuka’ Scheme.

(a)Rs 1,000

(b)Rs 2,000

(c)Rs 3,000

(d)Rs 4,000

(e)Rs 5,000

Answer & Explanation
Ans.2.(c)

Exp. The Disabled Pensions (DP) will be Rs 3,000 per month, while the CKDU/Dialysis Pensions will receive Rs 5,000 to Rs 10,000 per month.

Q.3. According to the Budget, India is the __________largest economy in the world in terms of GDP.

(a)3rd

(b)4th

(c)5th

(d)6th

(e)7th

Answer & Explanation
Ans.3. (c)

Exp.

  1. USA – 21.4 US $ Trillion
  2. China – 14.1 US $ Trillion
  3. Japan – 5.2 US $ Trillion
  4. Germany – 3.9 US $ Trillion
  5. India – 2.9 US $ Trillion

Q.4. ONGC, IOC and other oil PSUs will invest over __________ crore in the coming fiscal starting April 1.

(a)Rs 68,521

(b)Rs 78,521

(c)Rs 88,521

(d)Rs 98,521

(e)Rs 1,08,521

Answer & Explanation
Ans.4. (d)

Exp. ONGC, IOC and other oil PSUs will invest over Rs 98,521 crore in the coming fiscal starting April 1 in exploring for oil and gas, refineries, petrochemicals and laying pipelines to meet needs of the world’s fastest-growing energy consuming nation.

Q.5. How much funds has been allocated for the Unique Identification Authority of India (UIDAI) for FY21?

(a)725 crore

(b)825 crore

(c)843 crore

(d)917 crore

(e)985 crore

Answer & Explanation
Ans.5.(e)

Exp. The government has raised fund allocation for the Unique Identification Authority of India (UIDAI) — which issues biometric ID to residents — by 17% to ₹985 crore for the next fiscal starting April 1.

Q.6. Which State-owned Bank signed a pact with Care Ratings to assess credit quality of its small and medium enterprises (SME) customers?

(a)State Bankn of India

(b)Andhra bank

(c)Central Bank of India

(d)Bank of Baroda

(e)Punjab national Bank

Answer & Explanation
Ans.6.(d)

Exp. State-owned, Bank of Baroda on 31st January  signed a pact with Care Ratings to assess credit quality of its small and medium enterprises (SME) customers.

Q.7.  ______________approved Rs 140 crore at low interest to Punjab State Agricultural Development Bank.

(a)  SEBI

(b)  IRDAI

(c)  RBI

(d)  CBDT

(e)  NABARD

Answer & Explanation
Ans.7.(e)

Exp. To further strengthen the Punjab State Agricultural Development Bank (PSADB), the National Bank for Agriculture and Rural Development (NABARD) has approved loan of Rs.140 crore at low interest rates.

Q.8.Who has been appointed as chairman of the Central Board of Indirect Taxes and Customs (CBIC)?

(a)Nripendra Mishra

(b)M Ajit Kumar

(c)Anil Khanna

(d)Vasdev Mohi

(e)Manoj Kohli

Answer & Explanation
Ans.8.(b)

Exp. The government appointed M Ajit Kumar as chairman of the Central Board of Indirect Taxes and Customs.

The new Chairman’s immediate responsibilities will include accelerating the Goods and Services Tax (GST) revenues.

Q.9.According to the Defence Budget 2020-21, how much amount has been allocated overall for year 2020-21?

(a)Rs 1,37,553 crore

(b)Rs 2,37,553 crore

(c)Rs 3,37,553 crore

(d)Rs 4,37,553 crore

(e)Rs 5,37,553 crore

Answer & Explanation
Ans.9. (c)

Exp. Defence Budget Rs 3,37,553 crore allocated for the financial year 2020-21.

Q.10. According to the Defence Budget 2020-21, how much amount has been allocated for the Revenue (Net) expenditure for year 2020-21?

(a)2,18,998 crore

(b)2,28,998 crore

(c)2,38,998 crore

(d)2,48,998 crore

(e)2,58,998 crore

Answer & Explanation
Ans.10.(a)

Exp. Defence Budget Rs 3,37,553 crore allocated for the financial year 2020-21, Rs 2,18,998 crore is for the Revenue (Net) expenditure.

Q.11. According to the Defence Budget 2020-21, how much amount has been allocated for the capital expenditure for the Defence Services for year 2020-21?

(a)Rs 1,18,555 crore

(b)Rs 1,28,555 crore

(c)Rs 1,38,555 crore

(d)Rs 1,48,555 crore

(e)Rs 1,58,555 crore

Answer & Explanation
Ans.11.(a)

Exp. Defence Budget Rs 3,37,553 crore allocated for the financial year 2020-21, Rs 2,18,998 crore is for the Revenue (Net) expenditure and Rs 1,18,555 crore is for capital expenditure for the Defence Services and the Organisations/Departments under Ministry of Defence. The amount of Rs 1,18,555 crore allocated for capital expenditure includes modernisation related expenditure.

Q.12. Who won the Men’s singles title in the 2020 Australian Open?

(a) Novak Djokovic

(b) Rafael Nadal

(c) Roger Federer

(d) Denis Shapovalov

(e) Stefanos Tsitsipas

Answer & Explanation
Ans.12.(a)

Exp.Winner Men’s Singles N. Djokovic (Serbia), Runner-Up -Dominic Thiem (Austria)

Q.13. Who won the Women’s singles title in the 2020 Australian Open?

(a)G. Muguruza

(b)Sofia Kenin

(c)Simona Halep

(d)Ashleigh Barty

(e)Steffi Graf

Answer & Explanation
Ans.13.(b)

Exp.  Women’s Singles  Sofia Kenin (US)

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