Current Affairs Quiz , 01 Jan 2020

1) Last session of Indian History Congress was held in

a) Kerala
b) New Delhi
c) Rajasthan
d) Gujarat

Answer: a
• Recently, the 80th session of the Indian History Congress (IHC) was held at Kannur, Kerala.

2) Identify the wrongly matched combinations of schemes and the states that launched them.

a) Bhavantar Bhugtan Yojana – Madhya Pradesh
b) Rythu Bandhu – Telangana
c) Krushak Assistance for Livelihood and Income augmentation (KALIA) – Odisha
d) None of the above

Answer: b
• Bhavantar Bhugtan Yojana in Madhya Pradesh was sought to provide relief to farmers by providing the differential between MSPs and market prices.
• The Rythu Bandhu scheme of the Telangana provides ₹4,000 per acre for every season to all the farmers of the state. Similar initiatives have also been framed in Jharkhand and Odisha.
• Krushak Assistance for Livelihood and Income augmentation (KALIA) of Odisha is more complicated in design and implementation. It commits to give Rs 5,000 per SMF, twice a year, that is Rs 10,000 a year.

3) Swachh Survekshan League 2020 selected Indore as the cleanest city in the country for the

a) 1st time
b) 2nd time
c) 3rd time
d) 4th time

Answer: d
• Indore was selected for the fourth time in a row as the cleanest city in the country
• Among cantonment boards, Tamil Nadu’s St.Thomas Mount Cantt was ranked 1st in quarter 1 whereas Delhi Cantt ranked first in the 2nd quarter. Secunderabad Cantonment Board in Hyderabad is the worst performer among other cantonment boards.

4) Merchant Discount Rate is a fee charged from a merchant by a bank for accepting payments from customers through

a) credit cards
b) debit cards
c) UPI payments
d) (a) and (b)

Answer: d
• It is a fee charged from a merchant by a bank for accepting payments from customers through credit and debit cards in their establishments.

5) Finance Minister has unveiled a ₹102 lakh crore national infrastructure pipeline, in accordance with vision to make India a $5 trillion economy by 2024-25. It includes

a) Irrigation and rural infrastructure projects
b) Road and Port projects
c) National gas grid
d) All of the above

Answer: d
• Irrigation and rural infrastructure projects would account for ₹7.7 lakh crore each. ₹3.07 lakh crore would be spent on industrial infrastructure. Agriculture and social infrastructure would account for the rest.
• Road projects will account for ₹19.63 lakh crore while another ₹13.68 lakh crore would be for railway projects.
• Port projects would see spending of ₹1 lakh crore and airports another ₹1.43 lakh crore. ₹16.29 lakh crore would be spent on urban infrastructure and ₹3.2 lakh crore in telecom projects.
• According to the sector-wise break-up of projects made available by the Finance Ministry, ₹24.54 lakh crore investment will flow in the energy sector, and of that ₹11.7 lakh crore would be in just the power sector.
• ₹42 lakh crore NIP projects which are in the implementation stage now include expressways, national gas grid and PMAY-G.