ENGLISH QUIZ 07.11.2020

1. Which credit card provider partnered with Paytm and Visa to launch contactless co-branded credit cards, India’s next generation credit cards?

A. SBI Card

B. ICICI Bank

C. HDFC bank

D. American Express

2. Which bank has launched launches ‘Mine’ a comprehensive banking programme for its millennial customers?

A. Yes Bank

B. ICICI Bank

C. HDFC bank

D. Axis Bank

3. Which country’s central bank governor chaired the 40th Meeting of the SAARCFINANCE Governors’ Group was held virtually?

A. Nepal

B. Bangladesh

C. India

D. Pakistan

4. Which country become the only country to formally pull out of the Paris climate accord since it was adopted in 2015?

A. India

B. Japan

C. China

D. US

5. Every year, the International Day for Preventing the exploitation of the Environment in War and Armed Conflict is observed on _____.

A. 6 November

B. 2 November

C. 3 November

D. 5 November

6 Which neighbouring country of India has signed a Memorandum of Understanding with the Serum Institute of India for priority delivery of 3 crore COVID-19 vaccine doses?

A. Sri Lanka

B. Bangladesh

C. Bhutan

D. Nepal

7. Who chaired the Global Investor Roundtable Conference in which twenty of the world largest Sovereign Wealth Funds and pension?

A. Rajnath Singh

B. Nirmala Sitharaman

C. Narendra Modi

D. S Jai Shankar

8. Who took over as the new MD and CEO of ONGC Videsh Limited?

A. RK Gupta

B. SK Gupta

C. Ramdas Gupta

D. AK Gupta

9. Who became the fourth tennis player to score 1000 match wins in the Open Ira?

A. Rafael Nadal

B. Novak Djokovik

C. Dominic Thiem

D. Andy Murray

10. Renowned personality HG Somashekar Rao passed away, he was a veteran ______.

A. Guitarist

B. Actor

C. Violinist

D. Former Bihar’s CM

Answer

Answer: (1) A

Explanation

Leading digital financial services platform Paytm and SBI Card they have joined hands to launch co-branded credit cards. Available in two variants, Paytm SBI Card and Paytm SBI Card SELECT, the product has been launched on the Visa platform. Paytm then said that it entered the credit card business to enable “new to credit” users to join the digital economy.

Launched two co-branded credit cards

  • Paytm has launched two co-branded credit cards.
  • One Paytm SBI Card and the other Paytm SBI Card Select (Paytm SBI Card SELECT). Both of these will be VISA cards.
  • Through this card, 5 percent cashback will be available on Paytm for movie tickets, Paytm Mall shopping, buses, trains, flight tickets and travel tickets.
  • Apart from this, the membership of Paytm First will be free and a cashback of Rs 750 will also be available.
  • Paytm First membership will also be available with Paytm SBI card.
  • But no cashback will be available.

Answer: (2) B

Explanation

ICICI Bank announced the launch of India’s first comprehensive banking programme for millennials. Inspired by ‘Millennial Network’, the proposition is called ‘ICICI Bank Mine’ and offers an instant savings account, a feature driven iMobile application that offers investment guidance to suit the demand of millennials, curated credit and debit card, instant personal loans & overdrafts, and even an experiential branch with social engagement space.

Features of ‘ICICI Bank Mine’

  1. Instant savings account
  2. New look iMobile, the Bank’s mobile banking app
  3. Curated credit and debit card,
  4. Instant personal loans & overdrafts,
  5. Experiential branch with social engagement space

Answer: (3) C

Explanation

Governor of RBI, Shaktikanta Das chaired and inaugurated SAARC Central Bank Governors Meet for 40th SAARCFINANCE Governors’ Group. The meeting was attended by all the Governors from SAARC nation central banks. SAARCFINANCE: Network of central bank governors and finance secretaries of SAARC. RBI is the current chair of SAARCFINANCE. South Asian Association for Regional Cooperation (SAARC): Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka.

Answer: (4) D

Explanation

The US formally exited the Paris Climate Agreement amid election uncertainty. Donald Trump announced his intent to remove the country from participating in the landmark global pact to reduce greenhouse gas emissions three years ago. President Trump originally announced his intention to withdraw from the agreement in 2017 and formally notified the United Nations last year. The historic accord seeks to limit global warming to less than 2 degrees Celsius, the value that climate scientists have determined will have disastrous consequences if exceeded. Trump has repeatedly criticised the agreement as economically detrimental and claimed it could cost the country 2.5 million jobs by 2025. The US is the only country to withdraw from the global pact. The US is the second leading producer of all carbon dioxide emissions globally, behind China.

Answer: (5) A

Explanation

The International Day for Preventing the Exploitation of the Environment in War and Armed Conflict is an international day observed annually on November 6. On 5 November 2001, the UN General Assembly declared 6 November of each year as the International Day for Preventing the Exploitation of the Environment in War and Armed Conflict.

At the time of war, it affects the ecosystem such as water supply is poisoned, the forest is burnt, animals killed, etc. Though humanity has always counted its war casualties in terms of dead and wounded soldiers and civilians, destroyed cities and livelihoods, the environment has often remained the unpublicized victim of war. Water wells have been polluted, crops torched, forests cut down, soils poisoned, and animals killed to gain military advantage.

Answer: (6) B

Explanation

The process of development of the vaccine is in the final stages at University of Oxford and AstraZeneca. Health Minister of Bangladesh Zahid Maleque and High Commissioner of India to Bangladesh Vikram Doraiswami were present on the occasion along with other senior officials of the Health Ministry of Bangladesh and the two companies. According to the agreement, initially 1.5 crore people will be vaccinated as each person requires two vaccine doses.

COVID-19 Vaccine in India

  • Currently there are three COVID-19 vaccines under trial in India. They are the Russian Vaccine called Sputnik V, Oxford University Vaccine called COVISHIED and the COVAXIN jointly developed by Indian Council of Medical Research and Bharat Biotech.

COVAX

  • India is a part of the COVAX Facility of the GAVI Alliance. The facility aims to avail COVID-19 vaccines to all countries.
  • The main objective of the facility is to prevent vaccine nationalism. GAVI is Global Alliance for Vaccines.

eVIN

  • The Government of India has planned to store COVID-19 vaccine using the Electronic Vaccine Intelligence Network.
  • The GoI is to use real time tracking through EVIN.
  • EVIN was an indigenously developed system.
  • The system digitises vaccines stocks.
  • It also monitors the temperature of the cold chain and strengthens immunization supply chain system.

Answer: (7) C

Explanation

Prime Minister Narendra Modi chaired Virtual Global Investor Roundtable. It is being organized by Finance Ministry and National Investment and Infrastructure Fund. This roundtable is an exclusive dialogue between leading global institutional investors, Indian business leaders and highest decision makers of Govt and Financial Market Regulators. It will witness participation from key regions like US, Europe, Canada, Korea, Japan, West Asia, Australia, and Singapore.

Answer: (8) D

Explanation

AK Gupta took charge as Managing Director and CEO of ONGC Videsh Limited (OVL). Prior to this, he was serving as the Director (Operations) of ONGC Videsh

He started his career with ONGC in 1984 as Graduate Trainee and made noteworthy contributions in ONGC projects for diverse geographies like Myanmar, Vietnam in Asia Pacific, Brazil, Colombia and Venezuela in Latin America. OVL: International petroleum company of India and overseas arm of national oil and gas major ONGC.

Answer: (9) A

Explanation

Rafael Nadal defeated Feliciano Lopez to win his 1,000th tour-level match and reached the third round of the Rolex Paris Masters. With this, these Spanish professional tennis players have become the fourth player to win 1,000 matches in the Open Ira. He has won 20 Grand Slam singles titles so far. Apart from tennis, he also has a keen interest in the game of football. He was born on 03 June 1986 in Spain. Rafael won his first Grand Slam singles title in the year 2005 in Nadal.

Answer: (10) B

Explanation

Theatre and film actor HG Somashekar Rao (86 years) passed away in Bengaluru after a heart attack. He acted in over 300 plays and made his big screen debut with 1975 Kannada film Geejagana Goodu. He was featured in more than 60 movies like Kaamana Billu (1983), 27 Mavalli Circle (1986), Harakeya Kuri (1992), Mithileya Seeteyaru (1988), Minchina Ota (1981) and Accident (1984). He also authored around 25 books, including an autobiography.

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