TALENT HUNT ANSWERS 06/02/2021

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1. RBI has projected real GDP growth to be how much in FY 2021-22?
a) 10.5 percent
b) 9.7 percent
c) 11.0 percent
d) 12.7 percent

Answer (a) 10.5 percent
The Reserve Bank of India has projected the real GDP growth to be at 10.5 percent in 2021-22 – in the range of 26.2 to 8.3 percent in H1 and 6.0 percent in Q3.

2. What the current policy repo rate?
a) 4 percent
b) 3.5 percent
c) 4.5 percent
d) 3 percent

Answer (a) 4 percent
The Reserve Bank of India’s Monetary Policy Committee voted unanimously to keep the policy repo rate unchanged at 4 percent. The marginal standing facility rate and the bank rate also remain unchanged at 4.25 percent, the reverse repo rate remains unchanged at 3.35 percent.

3. Which state government has announced a farm loan waiver worth Rs 12,110 crore?
a) Karnataka
b) Tamil Nadu
c) Madhya Pradesh
d) Rajasthan

Answer (b) Tamil Nadu
The Tamil Nadu state government on February 5, 2021 announced a loan waiver of Rs 12,110 crore for the farmers in the state. The amount covers farm loans availed by 16.43 lakh farmers from cooperative banks.

4Which company applied for emergency use approval of its single-shot COVID-19 vaccine in the United States on February 4?
a) Sanofi
b) Novavax
c) Merck & Co
d) Johnson & Johnson

Answer (d) Johnson & Johnson
Johnson & Johnson on February 4, 2021 applied for emergency approval of its single-shot coronavirus vaccine in the United States. Johnson & Johnson’s COVID-19 vaccine is the first of its kind to reach the final stage and it could prove to be a potential game-changer in the battle against the COVID-19 pandemic.

5. Which country has donated high-end medical supplies and equipment to a Delhi Hospital to strengthen the bond with India?
a) Israel
b) Australia
c) Malaysia
d) Japan

Answer (a) Israel
Israel donated high-end medical equipment to a Delhi-based hospital -Primus Super Speciality Hospital on February 5, 2021, just a week after a blast took place outside the Israel Embassy in Delhi, in an attempt to strengthen its friendship with India.