1.Dinesh Kumar Khara has been appointed as new Chairman of which bank?
a)RBI
b)SBI
c)PNB
d)Canara
Answer (b) SBI
Dinesh Kumar Khara has assumed charge as the new Chairman of State Bank of India, the country’s largest lender. He has taken over from Rajnish Kumar, who superannuated on October 7, 2020. One of his top priorities would be to maintain the quality of the loan book.
2.India’s economy is expected to contract by how much in the current fiscal year (2020-21)?
a)14.7 percent
b)11.9 percent
c)9.6 percent
d)6.8 percent
Answer (c) 9.6 percent
India’s economy is expected to contract by 9.6 percent in the current fiscal year (2020-21) because of the Covid-19 pandemic, the World Bank said on October 8, 2020. India’s economy is the largest in South Asia.
3.Which state launched the first phase of the ‘Digital Seva Setu’ programme for the rural areas on October 8?
a)Gujarat
b)Tamil Nadu
c)Karnataka
d)Madhya Pradesh
Answer (a) Gujarat
The Gujarat government on October 8, 2020, launched phase 1 of the ‘Digital Seva Setu’ programme for the rural areas. Under this, 3500 village panchayats in the state have been connected by 100 Mbps optical fibre network, it will further facilitate the online availability of public services.
4.What is the new brand name of India’s premium cotton?
a)Komal
b)Shakti
c)Kasturi
d)Kumkum
Answer (c) Kasturi
Union Minister of Textiles Smriti Irani launched the first-ever brand and logo for India’s premium cotton on the occasion of Second World Cotton Day on October 7, 2020 through video conferencing. The Indian cotton will now be known to the world by the name ‘Kasturi Cotton’.
5.Which nation has announced that it will accept only the WHO-recognised COVID-19 vaccine?
a)Bangladesh
b)Vietnam
c)Peru
d)Indonesia
Answer (a) Bangladesh
Bangladesh has stated that it will accept only the WHO recognised COVID 19 vaccines for use in the country. This was announced by Bangladesh Cabinet Secretary Khandaker Anwarul Islam during a media briefing on October 7, 2020.
