Daily Current Affairs 1st Feb 2021 | Daily GK update Quiz

01/02/2021

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Daily Current Affairs 1st Feb 2021 Quiz:

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Q.1. According to the Union Budget 2021-22, how much amount has been allocated for railways in FY22?

केंद्रीय बजट 2021-22 के अनुसार, वित्त वर्ष 22 में रेलवे के लिए कितनी राशि आवंटित की गई है?

(a) Rs 33,000 crores / 33,000 करोड़ रु

(b) Rs 69,000 crores / 69,000 करोड़ रु

(d) Rs 99,300 crores / 99,300 करोड़ रु

(e) Rs 1,10,055 crores / 1,10,055 करोड़ रु

Answer & Explanation

Ans.1.(e)

Exp. Union Finance Minister, Nirmala Sitharaman is presenting the Union Budget 2021 for the 3rd time in a row. The Union Budget is the yearly financial report estimating the income and expenditure presented to outline future policies to be adopted by the government for sustainable growth and development.

FY22 allocation for railways at Rs 1,10,055 cr.

Q.2. Government to set-up a Development Finance Institution (DFI), capitalised with Rs 20,000 crore.

सरकार ने एक विकास वित्त संस्थान (DFI) की स्थापना की, जिसे _______________ करोड़ों के साथ पूंजीकृत किया गया।

(a) 10,000 crores / 10,000 करोड़

(b) 18,000 crores / 18,000 करोड़

(d) 29,000 crores / 29,000 करोड़

(e) 33,710 crores / 33,710 करोड़

Answer & Explanation

Ans.2.(c)

Exp. Government to set-up a Development Finance Institution (DFI), capitalised with Rs 20,000 crore.

India will introduce bill to set up new Development Financial Institution.

New DFI aims to have lending portfolio of Rs 5 lakh crore in 3 years

Q.3. According to the budget 2021-22, Pensioners (senior citizens) over ________of age are exempted from filing returns.

बजट 2021-22 के अनुसार, ________ से अधिक उम्र के पेंशनरों (वरिष्ठ नागरिकों) को रिटर्न दाखिल करने से छूट दी गई है।

(a) 60 years / 60 साल

(b) 65 years / 65 साल

(d) 75 years / 75 साल

(e) 80 years / 80 साल

Answer & Explanation

Ans.3.(d)

Exp. FM reduces tax burden on senior citizens above 75 years. Pensioners over 75 years of age are exempt from filing returns.

Q.4. How much amount has been allocated for the healthcare sector over the next six years, according to the budget 2021-22?

बजट 2021-22 के अनुसार अगले छह वर्षों में स्वास्थ्य सेवा क्षेत्र के लिए कितनी राशि आवंटित की गई है?

(a) 79,300 crores / 79,300 करोड़

(b) 64,180 crores / 64,180 करोड़

(d) 69,000 crores / 69,000 करोड़

(e) 53,710 crores / 53,710 करोड़

Answer & Explanation

Ans.4.(b)

Exp. Rs 64,180 crore spending plan for healthcare over the next six years.

Q.5. What is the projected GDP of India for FY22 according to the Economic Survey 2021?

आर्थिक सर्वेक्षण 2021 के अनुसार FY22 के लिए भारत की अनुमानित जीडीपी क्या है?

(a) 6%

(b) 9%

(d) 13%

(e) 15%

Answer & Explanation

Ans.5.(c)

Exp. The annual Economic Survey of India painted an optimistic view of the economic recovery stating that an 11 percent rebound is likely in Financial Year 2021-22 even though the GDP is expected to contract by a record 7.7 percent in the financial year ending on 31 March as a result of the COVID-19 pandemic and the months-long nationwide lockdown.

Q.6. Government has pegged fiscal deficit for FY21 at ___________ of GDP.

सरकार ने वित्त वर्ष 2021 के लिए राजकोषीय घाटे को जीडीपी के ________ पर आंका है।

(a) 4.6%

(b) 5.2%

(d) 7.8%

(e) 9.5%

Answer & Explanation

Ans.6.(e)

Exp. Finance Minister Nirmala Sitharaman said on 1 Feb the fiscal deficit for FY21 has been pegged at 9.5 per cent of the GDP and will come down to 6.8 per cent in FY22. The fiscal deficit will reach below 4.5 per cent by FY26.

Sitharaman said while gross expenditure is seen at Rs 34.5 lakh crore, the capital expenditure is expected to be Rs 4.39 lakh crore in FY21.

Q.8. Which bank’s license has been canceled recently by the RBI due to inadequate capital?

अपर्याप्त पूंजी के कारण RBI द्वारा हाल ही में किस बैंक का लाइसेंस रद्द किया गया है?

(a) Shivam Sahakari Bank / शिवम सहकारी बैंक

(b) Shivalik Mercantile Co-operative Bank / शिवालिक मर्केंटाइल को–ऑपरेटिव बैंक

(d) Apna Sahakari Bank / अपना सहकारी बैंक

(e) Mehsana Urban Co-Op Bank / मेहसाना अर्बन को–ओप बैंक

Answer & Explanation

Ans.8.(a)

Exp. The RBI on 30th Jan said the licence of Maharashtra-based Shivam Sahakari Bank has been cancelled as it does not have adequate capital and earning prospects.

“Consequently, the bank ceases to carry on banking business, with effect from the close of business on January 29, 2021. RBI said the co-operative bank does not have adequate capital and earning prospects, and the continuance of the bank is prejudicial to the interests of its depositors.

Q.9. What is the rank of RIL Jio in Brand Finance’s Global 500 ranking of the strongest brands globally?

“ब्रांड फाइनेंस” ग्लोबल 500 वैश्विक स्तर पर सबसे मजबूत ब्रांड की रैंकिंग में RIL Jio की रैंक क्या है?

(a) 5^th / 5 वाँ

(b) 10^th / 10 वाँ

(d) 21^st / 21 वाँ

(e) 32^nd / 32 वाँ

Answer & Explanation

Ans.9.(a)

Exp. The four-year-old telecom venture Reliance Jio of billionaire Mukesh Ambani has been ranked 5th on Brand Finance’s Global 500 ranking of the strongest brands globally.

Jio is behind the Chinese Mobile app WeChat has usurped Ferrari and has become the world’s strongest brand. While Russian bank Sber is in third position and Coca Cola is on fourth.

Q.10. Which company has topped the Brand Finance’s Global 500 ranking of the strongest brands globally?

किस कंपनी ने “ब्रांड फाइनेंस ग्लोबल 500 वैश्विक स्तर पर सबसे मजबूत ब्रांड की रैंकिंग” में शीर्ष स्थान प्राप्त किया है?

(a) Ferrari / फेरारी

(b) WeChat / वीचैट

(d) Apple / एप्पल

(e) Oracle / ओरेकल

Answer & Explanation

Ans.10.(b)

Exp. The four-year-old telecom venture Reliance Jio of billionaire Mukesh Ambani has been ranked 5th on Brand Finance’s Global 500 ranking of the strongest brands globally.

Jio is behind the Chinese Mobile app WeChat has usurped Ferrari and has become the world’s strongest brand. While Russian bank Sber is in third position and Coca Cola is on fourth.

Q.11. Who has been appointed as the new President of the Asian Cricket Council (ACC)?

एशियाई क्रिकेट परिषद (ACC) के नए अध्यक्ष के रूप में किसे नियुक्त किया गया है?

(a) Rahul Johri / राहुल जोहरी

(b) Narinder Batra / नरिंदर बत्रा

(d) Manu Sawhney / मनु साव्हने

(e) Mahim Verma / महिम वर्मा

Answer & Explanation

Ans.11.(c)

Exp. Jay Shah, the incumbent Secretary of Board of Control for Cricket in India (BCCI) has been appointed as the new President of the Asian Cricket Council (ACC). He is the youngest person ever to be appointed to the office.

replaces Nazmul Hussain, Chief of Bangladesh Cricket Board (BCB) who was the previous chief of the ACC.

Q.12. Who has been appointed as the new CEO of Ayushman Bharat Scheme (Pradhan Mantri Jan Arogya Yojana)?

आयुष्मान भारत योजना (प्रधानमंत्री जन आरोग्य योजना) के नए सीईओ के रूप में किसे नियुक्त किया गया है?

(a) Arun Goel / अरुण गोएल

(b) Mukundakam Sharma / मुकंदकम शर्मा

(d) R S Sharma / आर एस शर्मा

(e) G K Pillai / जि के पिल्लई

Answer & Explanation

Ans.12.(d)

Exp. The National Health Authority (NHA) has appointed RS Sharma as the new Chief Executive Officer (CEO) of country’s flagship public health insurance scheme Ayushman Bharat, also called Pradhan Mantri Jan Arogya Yojana. He would replace Indu Bhushan, who is serving as the Chief Executive of the Ayushman scheme since its inception in 2018.

RS Sharma, a former chairman of the Telecom Regulatory Authority of India (Trai), who would take charge of the NHA from February 1.

Q.13. Who has been appointed as the MD & CEO of SBI Cards and Payment Services Ltd?

एसबीआई कार्ड्स और पेमेंट सर्विसेज लिमिटेड के एमडी और सीईओ के रूप में किसे नियुक्त किया गया है?

(a) Vinay Tonse / विनय तोंसे

(b) Sameer Kumar Khare / समीर कुमार खरे

(d) Vinkesh Gulati / विंकेश गुलाटी

(e) Rama Mohan Rao Amara / राम मोहन राव अमारा

Answer & Explanation

Ans.13.(e)

Exp. SBI Cards and Payment Services Ltd (SBI Card) on 30th Jan appointed Rama Mohan Rao Amara as its Managing Director and Chief Executive Officer for a period of two years.

Rao took charge as the MD and CEO of the company on 30th Jan. Earlier this week, Ashwini Kumar Tewari had resigned from the post of MD and CEO of SBI Card owing to his appointment as the Managing Director of State Bank of India (SBI).

Q.14. Where is the headquarters of Asian Cricket Council (ACC)?

एशियाई क्रिकेट परिषद (एसीसी) का मुख्यालय कहाँ है?

(a) New Delhi, India / नई दिल्ली, भारत

(b) Islamabad, Pakistan / इस्लामाबाद, पाकिस्तान

(d) Colombo, Sri Lanka / कोलंबो, श्रीलंका

(e) Kabul, Afghanistan / काबुल, अफगानिस्तान

Answer & Explanation

Ans.14.(d)

Exp. Headquarters: Colombo, Sri Lanka

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