TALENT HUNT ANSWERS 11/05/2020

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1. Which Secretary of Economic Affairs has been appointed by the Central Government as Director on the Central Board of Directors of Reserve Bank of India (RBI)?
a. Rahul Sachdeva
b. Mohit Agnihotri
c. Tarun Bajaj
d. Prabhat Rai

Answer: c. Tarun Bajaj The
Central Government has appointed Economic Affairs Secretary Tarun Bajaj as Director on the Central Board of Directors of Reserve Bank of India (RBI). Bajaj will succeed Atanu Chakraborty, who retired on April 30. According to the statement, Bajaj’s nomination will be effective from May 5 till further orders. Bajaj is a 1988 batch IAS officer. Prior to being made the Secretary of Economic Affairs, he was Additional Secretary in the Prime Minister’s Office. 

2.Which state government recently announced a package of Rs 1,610 crore to provide relief to the distressed people due to the lockdown imposed to prevent the spread of coronavirus?
a. Karnataka
b. Bihar
c. Punjab
d. Jharkhand

Answer: .a. The Karnataka
State Government has announced this relief package keeping in mind the farmers, small, cottage and medium enterprises (MSME), handloom weavers, florists, dhobis, barbers, autos and taxi drivers among others. The Karnataka government announced an 11 percent excise / excise duty increase, in addition to the six percent increase announced in the budget. Understanding their problems, the government has announced a compensation of Rs 25,000 per hectare for crop loss.

3. Recently under which scheme more than 39 crore people were given financial assistance of Rs 34 thousand eight hundred crore?
a. Prime Minister Rural Housing Scheme
b. Prime Minister Kisan Samman Nidhi Scheme
c. Pradhan Mantri Garib Kalyan Yojana
d. Pradhan Mantri Maandhan Yojana

Answer: c. Pradhan Mantri Garib Kalyan Yojana The
central government has announced this package to help the poor during the Kovid-19 lockdown. Finance Minister Nirmala Sitharaman announced this package of Rs 1.70 lakh crore on 26 March. Under this, the government had announced to give free food grains to the poor along with cash payments to women, elderly and farmers. The Finance Ministry said in a statement that the central and state governments are regularly monitoring the package distribution.

4. Recently which country has approved 2.50 MT of Hydroxychloroquine for which country?
a. Canada
b. Mexico
c. Jamaica
d. Pakistan

Answer: b. The
Government of Mexico recently said that India has adequate stock of hydroxy chloroquine medicine and all possible steps are being taken to ensure that there is no shortage of this medicine in the domestic market. Hydroxychloroquine is said to be important and useful in treating corona virus infection. India is the largest producer of this drug commonly used in the treatment of malaria.

5. Which American citizen of Indian origin has been nominated by US President Donald Trump for his envoy position in the Organization for Economic Cooperation and Development (OECD)?
a. Manisha Singh
b. Koyal Roy
c. Komal Sachdeva
d. Sonam Singh

Answer: a. Manisha Singh
Manisha Singh is currently the Assistant Secretary for Economic and Business Affairs in the Ministry of External Affairs. Singh will represent the US in the OECD. His rank will be equal to that of Ambassador. The Paris-based OECD is an intergovernmental economic organization promoting economic progress and world trade. 36 countries are its members.