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

1 .

The RBI has excluded Lakshmi Vilas Bank from the Second Schedule of the Reserve Bank of India Act, 1934. The Lakshmi Vilas Bank was merged with which bank?

A)

Citibank

B)

HSBC Bank

C)

DBS Bank India Ltd

D)

United Overseas Bank

Correct Answer : DBS Bank India Ltd

The RBI has excluded Lakshmi Vilas Bank from the Second Schedule of the Reserve Bank of India Act, 1934. The move was taken after the crisis-ridden Lakshmi Vilas Bank was merged with DBS Bank India Ltd.

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2 .

Which country has successfully invented the single-dose vaccine for the Covid-19 virus?

A)

China

B)

Japan

C)

America

D)

Russia

Correct Answer : Russia

The Russia has successfully invented the single-dose vaccine for the Covid-19 virus, known as Sputnik Lite.

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3 .

Which country has classified the Indian COVID variant as Variant of Concern (VOC)?

A)

UK

B)

China

C)

Russia

D)

Australia

Correct Answer : UK

Health authorities in England has elevated one subtype of the Indian variant from under investigation category to a Variant of Concern (VOC).

This step has been taken following a rise in the number of cases in the UK and evidence of community transmission. The original India variant officially known as B.1.617 was first detected in October, and the variant B.1.617.2 is found to have more transmission capacity.

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4 .

RBI is set to conduct a special long-term repo operation (SLTRO) of Rs 10,000 crore for which type of banks?

A)

Payment Banks

B)

Small Finance Banks

C)

Cooperative Banks

D)

Regional Rural Banks

Correct Answer : Small Finance Banks

The Reserve Bank is to conduct the first auction for special long-term repo operations (SLTRO) of Rs 10,000 crore for Small Finance Banks (SFBs), at the repo rate, one auction each month.

This will provide fresh lending of up to Rs 10 lakh per borrower and will support small business units, micro and small industries, and other unorganised sector entities. The facility will be available till October 31, 2021.

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5 .

Who is the head of the technical group on social stock exchanges (SSEs), set up by SEBI?

A)

Harsh Bhanwala

B)

Usha Thorat

C)

S Janakiraman

D)

Injeti Srinivas

Correct Answer : Harsh Bhanwala

A technical group on social stock exchanges (SSEs) was constituted by the Securities and Exchange Board of India (Sebi), under the chairmanship of Harsh Bhanwala, former chairman of NABARD in the month of September.

Recently, the group has recommended that political and religious organisations, professional/trade organisations and infrastructure and housing companies (except affordable housing) should not be allowed to raise funds through SSEs.

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6 .

As per the Union Minister Nitin Gadkari, how many Pressure Swing Adsorption (PSA) medical oxygen plants will be installed in various states?

A)

532

B)

565

C)

581

D)

605

Correct Answer : 581

Around 581 Pressure Swing Adsorption medical oxygen plants will be installed in various states and NHAI will be the nodal agency for executing civil and electrical work for these facilities.

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7 .

As per the Finance Ministry how much amount of revenue deficit grant was released to 17 states for the year 2021-22?

A)

Rs.8965 cr

B)

Rs.9327 cr

C)

Rs.9600 cr

D)

Rs.9871 cr

Correct Answer : Rs.9871 cr

The Department of Expenditure, Ministry of Finance released the second monthly instalment of Post Devolution Revenue Deficit Grant of Rs 9,871 crore for the year 2021-22 to 17 States.

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8 .

Which organization has signed an agreement with Energy Efficiency Services to promote efficient renewable technologies in the dairy industry?

A)

Niti Aayog

B)

Spices Board of India

C)

National Horticulture Board

D)

National Dairy Development Board

Correct Answer : National Dairy Development Board

The National Dairy Development Board has signed an agreement with Energy Efficiency Services to promote efficient renewable technologies in the dairy industry.

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9 .

Which state's unit has launched an Ayurvedic Doctors on Call service?

A)

Bihar

B)

Gujarat

C)

Maharashtra

D)

Uttar Pradesh

Correct Answer : Gujarat

The Gujarat Unit of Ayurveda Vyaspeeth has launched an "Ayurvedic Doctors on Call" service to serve the Covid patients in the state.

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10 .

Which institute has launched the Mission Bharat O2?

A)

IIT Kanpur

B)

IIT Bombay

C)

IISc Bengaluru

D)

IIM Ahmedabad

Correct Answer : IIT Kanpur

The Startup Incubation and Innovation Centre of IIT Kanpur has launched Mission Bharat O2, a 45-day open challenge for manufacturing high-quality indigenous, rapidly scalable oxygen generation units to help combat the emergency.

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May - 2021 Current Affairs