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Current Affairs Quiz 30 December 2020 | Current Affairs for SSC, IBPS, Railway, UPSC Exams

Daily Current Affairs Quiz section covers latest quizzes and national/ international news, events etc. These latest and best quizzes on different fields like business, political, economy, culture, sports, entertainment, society etc. are very important for preparation of IAS, UPSC, Banking, IBPS, Railways and other exams.

1 Which of the following statements is/are correct with reference to the zero coupon bonds issued by govt to recapitalise Punjab & sindh bank?
A Since these bonds are not tradable, the lender has kept them in the Held-To-Maturity (HTM) bucket, not requiring it to book any mark-to-market gains or losses from these bonds.
B Zero coupon bonds by private companies are normally issued at discount, but since these special bonds are not tradable these can be issued at par.
C Both A & B
D None of these

Answer: Both A & B

Explanation:

The government has used financial innovation to recapitalise Punjab & Sind Bank by issuing the lender Rs 5,500-crore worth of non-interest bearing bonds valued at par. Since these bonds are not tradable, the lender has kept them in the Held-To-Maturity (HTM) bucket, not requiring it to book any mark-to-market gains or losses from these bonds. Zero coupon bonds by private companies are normally issued at discount, but since these special bonds are not tradable these can be issued at par.
2 R P Tiwari panel, recently seen in news, is related to
A Non-Banking Financial Companies (NFBCs)
B Find the problems faced by the farmers
C Consider the issue (of) holding common entrance test at undergraduate level only from the next academic year
D None of the above

Answer: Consider the issue (of) holding common entrance test at undergraduate level only from the next academic year

Explanation:

After the introduction of the new National Education Policy, at moving away from unrealistic cut-off marks for admissions to universities, the government is exploring the feasibility of holding a common entrance test for undergraduate admissions across all central universities from the next academic year.
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3 A new species of wild sun rose named Portulaca laljii has been recently discovered from
A Western Ghats
B Eastern Ghats
C Eastern Himalayas
D Western Himalayas

Answer: Eastern Ghats

Explanation:

Scientists have discovered a new species called Portulaca laljii. This is a wild sun rose found in the Eastern Ghats. Portulaca lajii was found in the Prakasam area of Andhra Pradesh. The new species, named Portulaca laljii, discovered from Prakasam district of Andhra Pradesh has unique features such as a tuberous root, no hair in its leaf axils, a reddish pink flower, prolate-shaped fruits, and copper brown seeds without lustre.
4 Which of the following statements is/are correct with reference to the report ‘Counting the Cost 2020: A Year of Climate Breakdown’?
A It has been prepared by UNFCCC.
B In its analysis of 15 most destructive climate disasters of 2020 has found that nine of these extreme events, including two in India, caused damage worth at least $5 billion.
C Both A & B
D None of these

Answer: In its analysis of 15 most destructive climate disasters of 2020 has found that nine of these extreme events, including two in India, caused damage worth at least $5 billion.

Explanation:

A new global report in its analysis of 15 most destructive climate disasters of 2020 has found that nine of these extreme events, including two in India, caused damage worth at least $5 billion. The report, ‘Counting the Cost 2020: A Year of Climate Breakdown’ has been prepared by the UK based non-profit organisation Christian Aid.
5 What is thermopolium, recently seen in news?
A New type of mineral in lunar meteorite
B Atmospheric boundary of Earth's energy system
C Recently excavated snack food counter at the Pompeii archaeological park’s Regio V
D None of the above

Answer: Recently excavated snack food counter at the Pompeii archaeological park’s Regio V

Explanation:

Researchers have unearthed a thermopolium, Latin for hot drinks counter, in the Roman empire town of Pompeii, one of the world’s largest and most significant archaeological sites. The snack food counter called the thermopolium at the Pompeii archaeological park’s Regio V was partially excavated in 2019.
6 Which of the following statements is/are correct with reference to the Hypothermia?
A Hypothermia is a severe medical condition where the body loses heat before it can generate it, resulting in a dangerously low body temperature.
B While normal body temperature lies at around 37 degrees Celsius, the body temperature of a person suffering from hypothermia drops to below 35 degrees Celsius.
C Both A & B
D None of these

Answer:Both A & B

Explanation:

The Indian Meteorological Department (IMD) issued a rather unusual advisory predicting a severe cold wave in the national capital and several other parts of North India. In an impact-based advisory, the IMD urged residents of India’s northernmost states to protect themselves from the biting cold by avoiding alcohol. Hypothermia is a severe medical condition where the body loses heat before it can generate it, resulting in a dangerously low body temperature. While normal body temperature lies at around 37 degrees Celsius, the body temperature of a person suffering from hypothermia drops to below 35 degrees Celsius.
7 Who was Sunil Kothari, recently seen in news?
A Indian Scientist
B Athlete
C Indian dance historian, scholar and critic
D None of the above

Answer: Indian dance historian, scholar and critic

Explanation:

Padma Shri dance historian and critic Sunil Kothari passed away at a Delhi hospital after suffering a cardiac arrest at the age of 87 years old. Sunil Kothari (1933 – 2020) was a noted Indian dance historian, scholar and critic.
8 Which of the following statements is/are correct with reference to the Pneumosil?
A It has been developed by the Serum Institute of India Private Limited (SIIPL) in collaboration with partners like the Bill and Melinda Gates Foundation.
B Pneumosil is effective in the prevention of Pneumonia disease.
C Both A & B
D None of these

Answer:Both A & B

Explanation:

Union Minister for Health and Family Welfare inaugurated India’s first pneumococcal conjugate vaccine (PCV). The vaccine “Pneumosil” has been developed by the Serum Institute of India Private Limited (SIIPL) in collaboration with partners like the Bill and Melinda Gates Foundation. SIIPL developed and got the license of the first indigenous Pneumococcal Conjugate Vaccine (PCV) from the Government of India during COVID-19 pandemic lock-down. Pneumosil is effective in the prevention of Pneumonia disease.
9 Which of the following are the medicinal plant species?
A Pippali
B Aonla
C Guggulu
D All of these

Answer: All of these

Explanation:

The Ministry of AYUSH has launched consortia for medicinal plants, envisaging the necessity of connectivity between stakeholders in the supply chain and value chain of medicinal plants. In the first phase NMPB consortia is proposed for medicinal plant species - Ashwagandha (Withania somnifera), Pippali (Piper longum), Aonla (Phyllanthus emblica), Guggulu (Commiphora wightii), Satavari (Asparagus racemosus).
10 Which of the following statements is/are correct with reference to the India - Qatar relation?
A India and Qatar agreed to maintain regular consultations and coordination on all issues of mutual interest at multilateral fora.
B Both the countries have decided to set up a special task force to facilitate investments by the Qatar Investment Authority, part of India’s ongoing outreach to key West Asian states to overcome the economic impact of the Covid-19 pandemic.
C Both A & B
D None of these

Answer:Both A & B

Explanation:

Indian External affairs minister S Jaishankar met business leaders in Qatar and highlighted the investment opportunities in India while appreciating the commitment for strengthening bilateral partnerships. India and Qatar agreed to maintain regular consultations and coordination on all issues of mutual interest at multilateral fora. Both the countries have decided to set up a special task force to facilitate investments by the Qatar Investment Authority, part of India’s ongoing outreach to key West Asian states to overcome the economic impact of the Covid-19 pandemic.

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