TALENT HUNT ANSWERS 18/04/2020

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1. Credit ratings agency Care Ratings has appointed Ajay Mahajan as the new Managing Director and Chief Executive Officer of the company for how many years?
a. Seven years
b. Five years
c. Three years
d. four years

ANSWER: b. The
Board of Directors of Care Ratings made this appointment on the basis of the recommendation of nomination and remuneration committee constituted by the board in its meeting. Ajay Mahajan started his career with Bank of America in the year 1990 and shortly after he was appointed MD and Country Head (Global Markets Group). Apart from this he also worked with Yes Bank and IDFC Bank. Care Ratings started in 1993 as a credit rating agency.


2. Recently in which city a scientific couple of Inter University Center for Astronomy and Astrophysics has studied primordial black holes which were born as a result of a small collision in the kinetic energy levels of the universe?
a. Pune
b. Jaipur
c. Patna
d. Lucknow

ANSWER: a. The Pune
primordial black holes were formed during the hot big bang phase. It is believed that these massive stars collapse as a result of the collapse of radiation, as opposed to a normal black hole. The primordial black hole can expand over an area of ​​3000 km or be very small like the nucleus of an atom. According to scientists, as time has passed, this uniform energy prevalent in the field of inflation has been exhausted.

3. RBI Governor Shaktikanta Das recently announced a cut in the reverse repo rate by what percentage?
a. 0.55 per cent
b. 0.45 per cent
c. 0.75 per cent
d. 0.25 percent

ANSWER: d. 0.25 per cent
RBI Governor Shaktikanta Das reduced the reverse repo rate from 4 per cent to 3.75 per cent and has maintained the repo rate. He said that India’s growth rate is still expected to remain positive amid the forecast of global recession and according to IMF it will be 1.9 percent. RBI has announced a grant of 50000 crores to NABARD, SIDBI and National Housing Bank. Significantly, last month, the RBI reduced the repo rate by 75 basis points to 4.4%, which is its lowest level in 15 years.


4. President Moon Jay In has won the parliamentary elections held recently in which country under the shadow of Coronavirus?
a. Russia
b. South Korea
c. Japan
d. Iran

ANSWER: b. South Korea
According to the National Election Commission of South Korea, a record 62.6 percent turnout was recorded. This is the highest turnout after the 2004 general election. Amidst the threat of Corona, South Korea had decided to hold elections beforehand as a precaution. South Korea has received considerable praise from the international community for testing people on a large scale to prevent the spread of the corona virus. In the country 10 thousand 564 people are infected with the corona virus, out of which 222 people have died.

5. The International Monetary Fund (IMF) recently said that it supports the decision of which country to take a nationwide lockdown to deal with the corona virus?
a. China
b. America
c. India
d. Pakistan

ANSWER: c. India
IMF in its World Economic Outlook had projected India’s growth rate to be 1.9 percent in 2020. A three-week lockdown was implemented in India on 25 March, which was to end on 14 April. The lockdown was later extended to May 3. The IMF said that the impact of the corona virus on the entire Asia-Pacific region will be serious and unprecedented. Asia’s growth will slow down in the year 2020.