Daily Current Affairs : 31st March 2020 |Daily GK update Quiz

01/04/2020

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Daily Current Affairs 31st March 2020

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Q.1.Which country along with China is not likely to go under recession when the whole world economy will go into recession this year due to the COVID-19 pandemic, according to a latest UN trade report?

(a) India

(b) Germany

(d) Saudi Arabia

(e) Singapore

Answer & Explanation

Ans.1.(a)

Exp. The world economy will go into recession this year with a predicted loss of trillions of dollars of global income due to the COVID-19 pandemic, spelling serious trouble for developing countries with the likely exception of India and China, according to a latest UN trade report.

Q.2. In which of the following countries, Tata Power Company’s joint venture with Norway’s Clean Energy Invest (CEI), and International Financial Corporation (IFC) has started commercial operation of a 178 megawatt hydropower project?

(a) Russia

(b) Georgia

(d) Jordan

(e) Armenia

Answer & Explanation

Ans.2.(b)

Exp. Tata Power Company’s joint venture with Norway’s Clean Energy Invest (CEI), and International Financial Corporation (IFC) has started commercial operation of a 178 megawatt hydropower project in Georgia. The joint venture company, Adjaristsqali Georgia LLC, is setting up one of the largest projects in Georgia at an overall project cost of approximately $ 500 million. After the 178 mw-Shuakhevi Hydro Power Project, the JV will comission a 9 mw units, namely Skhalta Hydro Power project.

Q.3. India Ratings and Research (Ind-Ra) has cut India’s GDP forecast to ___________ from 5.5% for FY21.

(a) 2.0%

(b) 2.5%

(d) 3.9%

(e) 4.6%

Answer & Explanation

Ans.3.(c)

Exp. India Ratings and Research (Ind-Ra) recently slashed its gross domestic product (GDP) growth estimate for India for fiscal 2020-21 to 3.6 per cent from 5.5 per cent. The reasons cited are the COVID-19 outbreak and the nationwide lockdown till April 14.

Q.4. What is the capital of Georgia?

(a) Yerevan

(b) Chisinau

(d) Tbilisi

(e) Amman

Answer & Explanation

Ans.4.(d)

Exp. Capital: Tbilisi

Q.5. Fitch Solutions has cut India’s GDP growth forecast to __________ for FY21.

(a) 2.0%

(b) 2.5%

(d) 3.9%

(e) 4.6%

Answer & Explanation

Ans.5.(e)

Exp. Fitch Solutions on 30th March slashed its estimate for India’s GDP growth in the fiscal starting April 1 to 4.6 per cent due to weaker private consumption and contraction in investment amid coronavirus outbreak, costing economies around the globe. The growth estimate for 2020-21 fiscal (April 2020 to March 2021) compares with a 4.9 per cent forecast in the current 2019-20.

Q.6. What is the currency of Georgia?

(a) Iari

(b) Krone

(d) Renminbi

(e) Ieu

Answer & Explanation

Ans.6.(a)

Exp. Currency: Georgian lari

Q.7. Which of the following organization has announced the investment of $100 million in Indian infrastructure sector via National Investment and Infrastructure Fund’s (NIIF)?

(a) World bank

(b) Asian Development Bank

(d) Asian Infrastructure Investment Bank

(e) New Development Bank

Answer & Explanation

Ans.7.(b)

Exp. Asian Development Bank (ADB) on 30th March announced a USD 100 million funding for the Indian infrastructure sector through the government-promoted NIIF. The ADB will be investing in the National Investment and Infrastructure Fund’s (NIIF) “fund of funds” which will ensure that the actual money invested will be a few times more than the USD 100 million.

Q.8. Veteran comedian Ken Shimura passes away at 70 from coronavirus. He belongs to ____________.

(a) China

(b) South Korea

(d) Hong Kong

(e) Japan

Answer & Explanation

Ans.8.(e)

Exp. Veteran Japanese comic Ken Shimura, who tested positive for the novel coronavirus last week, has died at the age of 70. According to The Hollywood Reporter, the actor was hospitalised in Tokyo on March 20 after developing a fever and being diagnosed with severe pneumonia. Shimura tested positive for COVID-19 on March 23. The actor was set to star in his first feature film “God of Cinema”, directed by Yoji Yamada.

Q.9. Where is the headquarter of United Nations?

(a) Manila

(b) Geneva

(d) New York

(e) Vienna

Answer & Explanation

Ans.9.(d)

Exp. Headquarters: New York, United States.

Q.10. UN has reported upcoming recession in world due to COVID-19 pandemic. Who is the current Secretary General of United Nations?

(a) Masatsugu Asakawa

(b) Thomas Bach

(d) Audrey Azoulay

(e) António Guterres

Answer & Explanation

Ans.10.(e)

Exp. Secretary general: António Guterres

Q.11. Who is the current President of Asian Development Bank (ADB)?

(a) Masatsugu Asakawa

(b) Thomas Bach

(d) Audrey Azoulay

(e) Jin Liqun

Answer & Explanation

Ans.11.(a)

Exp. President: Masatsugu Asakawa

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