Latest Current Affairs Quiz in 2021, February Current Affairs in 2021, Today Current Affairs

1 .

How many members are there in the expert panel formed by RBI to suggest steps for strengthening and consolidating Primary (Urban) Co-operative Banks (UCBs)?

A)

7

B)

8

C)

9

D)

10

Correct Answer : 8

The RBI has constituted an eight-member expert committee on Primary (Urban) Co-operative Banks (UCBs) to examine issues and suggest a road map for strengthening the sector.

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2 .

Which Indian bank has signed pact with Indian Oil Corporation under its ‘e-Dealer’ scheme?

A)

Indian Bank

B)

Bank of Baroda

C)

Punjab National Bank

D)

Union Bank of India

Correct Answer : Punjab National Bank

Punjab National Bank (PNB) has signed an agreement with Indian Oil Corporation to provide up to Rs 2 crore to the dealers of the Oil company.

Under the MoU, the bank would provide credit facilities at lower interest rates, nil margin, and with minimum or zero collateral requirements. These measures are to be undertaken under the PNB e-Dealer scheme.

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3 .

The Indian Navy has partnered with which institution for research in underwater domain of Naval Electronic Systems?

A)

NIT Trichy

B)

IIT Guwahati

C)

IIT Delhi

D)

IISC Bengaluru

Correct Answer : IIT Delhi

The Indian Navy and IIT Delhi has recently signed an MoU on research in underwater domain of Naval Electronic Systems.

The key technologies for Navy in underwater electronics have been developed by the Centre for Applied Research in Electronics (CARE) at IIT Delhi since 1970s.

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4 .

The RBI restricts withdrawals from banks under the provisions of which act?

A)

Banking Regulation Act

B)

RBI Act

C)

AML Act

D)

FEMA

Correct Answer : Banking Regulation Act

The Reserve Bank of India has imposed restrictions on withdrawals from Independence Co-operative Bank Limited, Nashik.

This step has been taken for six months due to the bank’s present liquidity position. As per the RBI, the restrictions will remain in force for a period of six months. This restriction has been imposed by the RBI on the provision of Banking Regulation Act, 1949.

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5 .

Where is the Brahmaputra Valley Fertilizers Corporation Limited (BVFCL) located?

A)

West Bengal

B)

Jharkhand

C)

Odisha

D)

Assam

Correct Answer : Assam

Brahmaputra Valley Fertilizer Corporation Limited, previously the Namrup Fertilizer Complex, is located on the bank of Dilli river, Assam.

The Cabinet Committee on Economic Affairs approved the proposal of the Department of Fertilizers for Grant-in-aid of Rs.100 crore to BVFCL, Namrup (Assam) for smooth operations of its urea manufacturing units.

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6 .

‘Swavalamban Sashakt – Mega Campaign’ has been launched by Confederation of Women Entrepreneurs of India (COWE) and ………….?

A)

LIC

B)

SIDBI

C)

ECGC

D)

DRDO

Correct Answer : SIDBI

Small Industries Development Bank of India (SIDBI), in partnership with the Confederation of Women Entrepreneurs of India (COWE), has launched the ‘Swavalamban Sashakt – Mega Campaign’.

It is a webinar series to promote the ‘Stand Up India’ scheme. Loan between ₹10 lakh and ₹1 crore to at least 1 SC or ST borrower and at least 1 woman borrower is provided per bank per branch, to set up a new enterprise.

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7 .

Which states forest department has banned the wearing of Monal birds crest on the cap?

A)

Kerala

B)

Punjab

C)

Uttarakhand

D)

Himachal Pradesh

Correct Answer : Himachal Pradesh

The forest department of Himachal Pradesh has banned the wearing of Monal bird crest on the cap.

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8 .

PM Narendra Modi has laid the foundation stone of the Grand Anicut Canal System in which state?

A)

Kerala

B)

Rajasthan

C)

Tamil Nadu

D)

Andhra Pradesh

Correct Answer : Tamil Nadu

The Prime Minister Narendra Modi has laid the foundation stone of the Grand Anicut Canal System in Tamil Nadu.

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9 .

How much amount will be infused by the Finance Ministry in the state-owned general insurance companies during the ongoing quarter of fiscal 2020-21 for their recapitalization?

A)

Rs 3,000 cr

B)

Rs 5,000 cr

C)

Rs 7,000 cr

D)

Rs 9,000 cr

Correct Answer : Rs 3,000 cr

The Finance Ministry will infuse Rs 3,000 cr capital into state-owned general insurance companies during the current quarter of 2020-21 for recapitalization to improve their financial health.

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10 .

Pushpa Viendra Ganediwala has been appointed as the additional judge of which HC?

A)

Delhi H.C.

B)

Kolkata H.C.

C)

Bombay H.C.

D)

Chennai H.C.

Correct Answer : Bombay H.C.

Pushpa Virendra Ganediwala has been appointed as the additional judge of the Bombay High Court in Maharashtra, India.

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February - 2021 Current Affairs