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Current Affairs Q&A PDF – 4 July 2020

NATIONAL AFFAIRS

1. Find the PSU which is set to establish India’s first government or semi government promoted
Infrastructure Investment Trust (InvIT)?
1) Gas Authority of India Limited
2) Bharat Petroleum Corporation Limited
3) Hindustan Petroleum Corporation Limited
4) National Highway Authority of India
5) Chennai Petroleum Corporation Limited
Answer – 4) National Highway Authority of India
Explanation:
National Highway Authority of India (NHAI) is undertaking the establishment of India’s first government or
semi government promoted Infrastructure Investment Trust (InvIT) under the Indian Trust Act, 1882 and
Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014 to facilitate
investment in the highway sector.

2. Which state/UT has launched ‘Podhe Lagao Prayavaran Bachao’ (Plant Trees, Save Environment)
campaign to reduce air pollution?
1) New Delhi
2) Odisha
3) Goa
4) Puducherry
5) Punjab
Answer – 1) New Delhi
Explanation:
Delhi Environment Minister Gopal Rai informed that a 17-day campaign” Podhe Lagao, Paryavaran Bachao”
(Plant Trees, Save Environment) will be launched from July 10 to July 26 from the National Highway (NH)
20 near ITO to reduce air pollution. During the campaign 31 lakh saplings will be planted.

3. The Drug Discovery Hackathon 2020 is the initiative of which ministry (along with AICTE, CSIR,
CDC etc)?
1) Ministry of Culture
2) Ministry of Skill Development and Entrepreneurship
3) Ministry of Human Resource Development
4) Ministry of Environment, Forest and Climate Change
5) Ministry of Micro, Small and Medium Enterprises
Answer - 3) Ministry of Human Resource Development
Explanation:
Shri Ramesh Pokhriyal ‘Nishank’, the Union Minister of HRD (Human Resource Development) and Dr. Harsh
Vardhan, Union Minister for Health and Family Welfare and minister of Science and Technology launched
the Drug Discovery Hackathon (DDH2020) through an online platform in the presence of Shri Sanjay
Dhotre, Minister of State (HRD). It is a first of its kind national initiative supporting the Drug Discovery
Process. The DDH2020 is a joint initiative of the Ministry of HRD, All India Council for Technical Education
(AICTE) and Council of Scientific and Industrial Research (CSIR) and is supported by Centre for
Development of Advanced Computing (CDAC), My Gov, Schrodinger and ChemAxon.

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INTERNATIONAL AFFAIRS

4. Russian electorate granted Vladimir Putin to stay as president of the country till which year?
1) 2027
2) 2029
3) 2024
4) 2036
5) 2032
Answer – 4) 2036
Explanation:
The 77.9% Russian electorate have voted in favour of constitutional amendments that will allow 67 years
old President Vladimir Putin to stay in power until 2036 i.e. until the age of 83. His current term of 6 years
will end in 2024. Means now, he will be re-elected twice under the constitutional amendments. He is
already the longest-serving leader in modern Russian history.

BANKING AND FINANCE

5. Which bank has joined as the observer in Paris based Network for Greening the Financial System
(NGFS) recently?
1) World Bank
2) Asian Development Bank
3) Reserve Bank of India
4) New Development Bank
5) None of the Above
Answer – 2) Asian Development Bank
Explanation:
Asian Development Bank (ADB), a regional development bank, has joined the Paris (France)-based Network
for Greening the Financial System (NGFS) as an observer. The NGFS is a global forum that brings together
central banks and supervisors committed to understanding and managing the financial risks and
opportunities associated with climate change.

6. Under which operation the RBI has conducted open market operation (OMO) of purchase and sale
of G-secs for Rs 10,000 crores each recently?
1) Operation reserve
2) Operation twist
3) Operation Borrow
4) Operation liquidity
5) Operation lending
Answer – 2) Operation twist
Explanation:
Reserve Bank of India (RBI) conducted the simultaneous purchase of Government Securities (G-Secs),
maturing between May 2027 and October 2033, and sale of 182 day and 364 day treasury bills (DTBs)
under Open Market Operations (OMO) for Rs 10,000 crore each. This OMO is a part of “Operation Twist” to
ease pressure evolving liquidity and market conditions. The main purpose of the OMO is to bring down the
yields at the longer end.

7. Name the bank which offers an online instant auto loan to its customers named ‘ZipDrive’.
1) CSB Bank
2) RBL Bank
3) IDBI Bank
4) ICICI Bank
5) HDFC Bank

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Answer – 5) HDFC Bank
Explanation:
HDFC Bank announced that it will offer ‘ZipDrive’, an online instant auto loan to its customers in 1,000
cities. The auto loan disbursal product is only for customers with pre-approved offers. It is a technology-
enabled loan product where credit assessment is done by banking software.

8. Which private sector bank collaborated with Innoviti Payment Solutions recently?
1) Axis Bank
2) YES Bank
3) Kotak Mahindra Bank
4) IndusInd Bank
5) ICICI Bank
Answer – 3) Kotak Mahindra Bank
Explanation:
Kotak Mahindra Bank (Kotak) and Innoviti Payment Solutions Pvt. Ltd. announced that they have
collaborated to provide Equated Monthly Instalments (EMI) billing options on Kotak Debit Cards which are
swiped on Innoviti Point of Sale (POS) terminals.

ECONOMY AND BUSINESS

9. What is the increase in % of external debt of India in March 2020 when compared to March 2019,
as per RBI data?
1) 2.1%
2) 4.9%
3) 2.8%
4) 1.2%
5) 0.6%
Answer – 3) 2.8%
Explanation:
In accordance with the Reserve Bank of India (RBI) data, India’s external debt stood at $558.5 billion in
March 2020, an increase of $15.4 billion or 2.8% as compared to the March 2019. The largest component of
the external debt is Commercial borrowings with a share of 39.4%, followed by non-resident deposits at
23.4% and short-term trade credit at 18.2%. In terms of currency, United States (US) dollar-denominated
debt continued to be the largest component of India’s external debt, with a share of 53.7% at end-March
2020, followed by the Indian rupee (31.9%), yen (5.6%), SDR (4.5%) and the euro (3.5%).

10. India’s GDP will contract by _____% in FY21 as per Care ratings.
1) 3.2%
2) 4.5%
3) 6.4%
4) 4.9%
5) 7.1%
Answer – 3) 6.4%
Explanation:
CARE Ratings Limited ( formerly Credit Analysis and Research Limited) in its report, ‘Revised GDP growth
projections for FY21’ has projected a 6.4 % contraction (or -6.4%) in India’s GDP (Gross Domestic Product)
growth for the current financial year FY 21 (2020-21) due to the continuous lockdown imposed for
prevention of coronavirus (COVID-19) epidemic.

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APPOINTMENTS AND RESIGNATIONS

11. Edouard Philippe resigned from the post of prime minister of which country?
1) Spain
2) United Kingdom
3) Italy
4) Germany
5) France
Answer – 5) France
Explanation:
On 3rd July French Prime Minister Edouard Phillipe resigned during the expected government reshuffle.

12. Name the person who gets 6 months extension in tenure to serve as the chairman of National
Highway Authority of India (NHAI).
1) Ashok Kumar Gupta
2) Sukhbir Singh Sandhu
3) Bhagwan Lal Sahni
4) H. L. Dattu
5) K. VijayRaghavan
Answer – 2) Sukhbir Singh Sandhu
Explanation:
Sukhbir Singh Sandhu, the Chairman of National Highway Authority of India (NHAI) gets a 6 months
extension in his tenure as Chairman of NHAI. The Appointments Committee of the Cabinet approved the
extension in central deputation tenure of Sandhu as Chairman of NHAI beyond 21st July 2020, till mid-
January 2021.

AWARDS AND RECOGNITION

13. Who has launched the toolkit for the 6th edition of the annual cleanliness survey of urban India
‘Swachh Survekshan (SS) 2021?
1) Pralhad Joshi
2) Shripad Yasso Naik
3) Hardeep Singh Puri
4) Narendra Singh Tomar
5) Nirmala Sitharaman
Answer – 3) Hardeep Singh Puri
Explanation:
Hardeep Singh Puri, Minister of State (Independent Charge) for Ministry of Housing & Urban Affairs
(MoHUA),has launched the toolkit for sixth edition of the annual cleanliness survey of urban India ‘Swachh
Survekshan (SS) 2021’conducted by MoHUA that mainly focuses on utilizing the capacity of wet waste
processing facilities, Cleaning and reusing dirty water & Separately collect garbage and maintain it till the
processing site. A key highlight of the event was also the launch of the integrated SBM-Urban MIS portal.

14. Name the person who has received the 2020 Diana Award for humanitarian work.
1) Licypriya Kangujam
2) Ridhima Pandey
3) Freya Thakral
4) Sunita Narain
5) None of the Above
Answer – 3) Freya Thakral

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Explanation:
Freya Thakral, a 13 year old student of the British School New Delhi received the 2020 Diana Award for her
Recycler App, which she developed to connect users with waste-handlers as a measure to help the
ragpickers of Delhi. The award is presented annually on the birth anniversary of Princess Diana.

15. Who is the overall winner of 2020 Commonwealth Short Story Prize?
1) Varsha Adalja
2) Meena Alexander
3) Kritika Pandey
4) Smita Agarwal
5) Samina Ali
Answer – 3) Kritika Pandey
Explanation:
The commonwealth writers announced Kritika Pandey, the winner of Asian region prize as the overall
winner of the 2020 Commonwealth Short Story Prize for her story, “The Great Indian Tee and Snakes”. The
award was presented to her by Ghanaian writer and editor, Nii Ayikwei Parkes, the chair of the 2020 Judge
panel in the online award ceremony.

16. Ratnakar Matkari who is in news recently is a renowned _______.

1) Actor
2) Banker
3) Cricketer
4) Writer
5) Photographer
Answer – 4) Writer
Explanation:
The Government of Maharashtra announced that Marathi writer and playwright Ratnakar Matkari will be
posthumously honoured with the Natvarya Prabhakar Panshikar award for his lifetime contribution to the
theatre and arts.

COMMITTEE AND MEETING

17. Who is the convenor of search cum selection committee formed by NHAI to appoint members of
investment manager board?
1) Sukhbir Singh Sandhu
2) Deepak Parekh
3) Girish Chandra Chaturvedi
4) Sanjay Mitra
5) None of the Above
Answer – 1) Sukhbir Singh Sandhu
Explanation:
To have a professional management structure, NHAI has constituted a search-cum-selection committee for
the appointment of two independent Directors and one Chairman for the Investment Manager Board. Dr
Sukhbir Singh Sandhu (Chairman of NHAI) is the convener of the Committee and other members include
Deepak Parekh, Chairman, Housing Development Finance Corporation (HDFC); Girish Chandra Chaturvedi,
Chairman, ICICI (Industrial Credit and Investment Corporation of India) Bank; and Sanjay Mitra, Ex-
Secretary, MoRTH.

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ACQUISITION AND MERGERS

18. The US based Intel capital planned to buy _____% stake in Jio platforms for Rs 1,894.50 crore.
1) 0.87%
2) 1.21%
3) 0.39%
4) 2.42%
5) 0.61%
Answer – 3) 0.39%
Explanation:
US based Electronic chip maker Intel’s investment arm, Intel Capital to buy 0.39% stake in Reliance
Industries Limited (RIL)’s Jio Platforms for Rs 1,894.50 crore. This is the 12th deal of Jio Platforms. With
this investment, Jio Platforms has raised Rs 1,17,588.45 crore from global investors since April 22.

DEFENCE

19. How much was the amount approved by the Defence Acquisition Council for capital acquisition
of equipment for armed forces (July 2020)?
1) Rs 29,200 crore
2) Rs 41,800 crore
3) Rs 32,500 crore
4) Rs 38,900 crores
5) Rs 36,700 crore
Answer – 4) Rs 38,900 crores
Explanation:
Defence Acquisition Council (DAC) has given its consent for the capital acquisition of various platforms and
equipment required by the Indian Armed Forces, Army, Navy and the Air Force, worth Rs 38,900 crore. This
decision was taken during the DAC meet held on July 2, 2020 under the chairmanship of Raksha Mantri
(Defence Minister) Rajnath Singh. Notably, these approvals include acquisitions of Rs 31,130 crore from
Indian industry signifying Prime Minister (PM) Narendra Modi’s clarion call for ‘Atmanirbhar Bharat’
focused on indigenous design and development.

20. The Defence Acquisition Council (DAC) approved the proposal for procurement of ____ fighter
aircrafts.
1) 29
2) 33
3) 31
4) 27
5) 35
Answer – 2) 33
Explanation:
DAC also approved the proposal for procurement of 33 fighter jets including 21 MIG-29 and 12 Su-30 MKI
aircraft along with upgradation of existing 59 MIG-29 aircraft. The MIG 29 procurement and upgradation
from Russia is estimated to cost Rs 7,418 crore. The Su-30 MKI will be procured from Hindustan
Aeronautics Limited (HAL), India at an estimated cost of Rs 10,730 crore.

SCIENCE AND TECHNOLOGY

21. Which IIT have developed a virtual classroom system named ‘Mobile Masterjee’?
1) IIT Kanpur
2) IIT Mandi
3) IIT Madras

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4) IIT Calcutta
5) IIT Kharagpur
Answer – 1) IIT Kanpur
Explanation:
The Indian Institute of Technology (IIT) Kanpur has developed a virtual classroom aid, ‘Mobile Masterjee’. It
is a classroom-to-home teaching setup, which enables students to record teachers’ lectures/instructions
while using smartphones. It is developed by the Imagineering Lab of IIT Kanpur.

22. What is the name of Jupiter-like planet which was found by researchers recently (39 times
bigger than earth)?
1) TOI-829b
2) TOI-869b
3) TOI-889b
4) TOI-849b
5) TOI-899b
Answer – 4) TOI-849b
Explanation:
The researchers spotted a Jupiter-like planet, 39 times more massive than the Earth, orbiting around a
distant star with temperature lower than the Sun, the planet is located around 730 light years away from
Earth. The astronomers named the planet TOI-849b. This is the first ever planetary core to be found by the
astronomers. The study/findings were published in Journal Nature.

SPORTS

23. Who is the 1st Indian to secure podium position in the international ultra-cycling race (VRAAM
2020).
1) Aditi Krishnan
2) Prashanth R
3) Ikshan Shanbag
4) Bharat Pannu
5) Aryan Gurav
Answer – 4) Bharat Pannu
Explanation:
Lt Col Bharat Pannu, Indian Army officer, secured the 3rd position on the leader board at the first edition of
the Virtual Race Across America (VRAAM) 2020 held from 16th June to 28th June 2020 and became the first
ever Indian to secure a podium position in the international ultra-cycling race. Lt Col Pannu finished with a
total distance of 4086km in 12 days and a total elevation gain of 71,000 meters in a stationary bicycle in
Pimple Nilakh, Pune.

OBITUARY

24. Saroj Khan who passed away in June 2020 is a renowned _________.
1) Cyclist
2) Choreographer
3) Singer
4) Novelist
5) Economist
Answer – 2) Choreographer
Explanation:
Veteran Bollywood Choreographer, Saroj Khan (71) died of Cardiac arrest at Gurunanak Hospital, Bandra
where she was admitted before one week with complaint of breathing issues. She was born in Mumbai,
Maharashtra.

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25. Sanjay Dobal who passed away is associated with which sport?
1) Football
2) Tennis
3) Cricket
4) Hockey
5) Golf
Answer – 3) Cricket
Explanation:
Former Delhi cricketer Sanjay Dobal has passed away at the age of 53 after suffering a cardiac arrest.

APP and WEB PORTAL

26. Which ministry launched ‘SBM-Urban MIS’ portal recently?

1) Ministry of Home Affairs
2) Ministry of Finance
3) Ministry of Health and Family Welfare
4) Ministry of Housing & Urban Affairs
5) Ministry of Minority Affairs
Answer – 4) Ministry of Housing & Urban Affairs
Explanation:
Ministry of Housing & Urban Affairs launched the integrated SBM-Urban MIS [Swachh Bharat Mission –
Urban Management information system] portal.

CA STATIC GK

1. Which country has the greatest number of elephants in the world?

1) Nigeria
2) Ethiopia
3) Tanzania
4) Botswana
5) Egypt
Answer – 4) Botswana
Explanation:
The southern Africa country of Botswana is struggling to investigate the reasons for the mysterious deaths
of over 350 elephants in the popular Okavango Delta nature reserve. Botswana has the world’s largest
elephant population, believed to be more than 130,000.

2. Where is the HQ of HDFC bank located?

1) Lucknow
2) New Delhi
3) Pune
4) Mumbai
5) Gurugram
Answer – 4) Mumbai
Explanation:
The HQ of HDFC bank located at Mumbai, Maharashtra.

3. What is the capital of Russia?

1) Nairobi
2) Beijing
3) Tokyo
4) Bonn

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5) Moscow
Answer – 5) Moscow
Explanation:
The capital and currency of Russia are Moscow & Rouble respectively.

4. Who is the present chairman of Defence Acquisition Council (DAC)?

1) Rajnath Singh
2) Amit Shah
3) Nirmala Sitharaman
4) Prakash Javadekar
5) Nitin Gadkari
Answer – 1) Rajnath Singh
Explanation:
Defence Acquisition Council (DAC) is chaired by Defence Minister (Currently-Rajnath Singh) which provide
approvals to Capital acquisitions in the Long Term Perspective Plan (LTPP).

5. Who is the present chairman of SEBI?

1) Amitabh Kant
2) Ajit Doval
3) Rajiv Kumar
4) Ajay Tyagi
5) VK Paul
Answer – 4) Ajay Tyagi
Explanation:
Ajay Tyagi is the present chairman of SEBI.

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