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.