TALENT HUNT ANSWERS 06/04/2020

0
48

1. The Reserve Bank of India has launched a separate channel to enable non-resident Indians to invest in specified government bonds from 1 April?
a. Fully accessible route
b. Root again root
c. Fully again root
d. Right again accessible

ANSWER: a. Fully accessible route
Finance Minister Nirmala Sitharaman said during the budget speech that government bonds in certain categories will be opened to non-resident Indian investors completely without any restrictions. According to the Reserve Bank of India, eligible investors can invest in any specified government securities. The scheme will operate with two existing routes ie Medium Term Framework and Voluntary Retention Route. As a start, the central bank has opted for some of the more liquid and benchmark securities.


2. According to the World Water Development Report released by which organization, climate change will affect the availability, quality and quantity of water for basic human needs, which will affect the basic human rights of water and the availability of clean water for billions of people?
a. World Bank
b. United Nations
c. RBI
d. None of these

ANSWER: b.
According to the UN report, hydrological change induced by climate change will increase the challenge for sustainable management of water resources, which are already under severe pressure in most areas of the world. Food security, human health, urban and rural public life, energy production, industrial development, economic development and ecosystems are all dependent on water and are sensitive to the effects of climate change. Thus, climate change adaptation and mitigation through water management is important for sustainable development and achieving the Sustainable Development Goal 2030.


3. Odisha Day is observed on which of the following days?
a. 30 March 
b. 15 January
c. 01 April
d. 10 March

ANSWER: c. April 1
Orissa Foundation Day 1 is celebrated Apral. On 1 April 1936, Odisha was made an independent province. After independence, the princely states of Odisha and its surroundings handed over their power to the Government of India. All the princely states of Odisha merged completely in the state of Odisha in January 1949 under the Order of 1949 relating to the merger of princely states (provinces under the governor). Odisha has many ancient names like Kalinga, Utkal and Udra, but this region is mainly famous for the land of Lord Jagannath.


4. Reserve Bank of India has its foundation day celebrated on which of the following days?
a. 10 March
b. 01 April 
c. 15 January
d. 10 April

ANSWER: b.
The foundation day of the Reserve Bank of India was observed on 01 April 1. The Reserve Bank of India was established on 1 April 1935 as per the provisions of the Reserve Bank of India Act, 1934. Initially the central office of the Reserve Bank was established in Kolkata but in 1937 it was permanently transferred to Mumbai. The central office is the place where the governor sits and where policies are formulated. Since nationalization in 1949, the Reserve Bank is fully owned by the Government of India.


5. The interest rate for Sukanya Samriddhi Account Scheme has been reduced from 8.4 percent to what percentage?
a. 7.1 percent
b. 7.3 percent
c. 7.5 percent
d. 7.6 percent

ANSWER: d. In
the midst of the lockdown of 7.6 percent , there has been a big cut in the interest on small savings schemes. In the period of economic slowdown, the government has reduced the interest rate of several important schemes including Sukanya Samriddhi Yojana, Public Provident Fund accounts, Senior Citizens Savings Scheme, National Savings Certificate in the April-June quarter.