CURRENT AFFAIRS
DAILY CURRENT AFFAIRS
A)
25 basis points
B)
35 basis points
C)
45 basis points
D)
55 basis points

Correct Answer : Option (A) - 25 basis points

Note : The Reserve Bank of India (RBI) has announced the second set of measures to preserve financial stability and help put money in the hands of the needy and disadvantaged during the extended lockdown due to the COVID-19 crisis. RBI has approved to conduct a second set of targeted long-term repo operations (TLTRO 2.0) for an initial aggregate amount of Rs.50,000 crore. Reverse repo rate has been reduced by 25 basis points (bps) from 4.0% to 3.75% with immediate effect. Liquidity Coverage Ratio requirement for scheduled commercial banks has been brought down from 100% to 80% with immediate effect. It aims to improve the liquidity position for individual institutions.

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Published On : July 17, 2021
A)
Aditya Puri
B)
M S Sahoo
C)
Sanjay Agarwal
D)
Sandeep Bakhshi

Correct Answer : Option (B) - M S Sahoo

Note : Government-appointed committee of experts, headed by IBBI (Insolvency and Bankruptcy Board of India) Chairperson M S Sahoo, recommends setting up National Institute of Valuers.

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Published On : July 17, 2021
A)
The Indian Institute of Technology, Delhi
B)
The Indian Institute of Science (IISc) , Bangaluru
C)
Institute of Advanced Study in Science and Technology (IASST), Assam
D)
Translational Health Science and Technology Institute (THSTI),Faridabad

Correct Answer : Option (C) - Institute of Advanced Study in Science and Technology (IASST), Assam

Note : Institute of Advanced Study in Science and Technology (IASST), Assam is to develop plasmonic semiconductor nanomaterials for the removal of toxic organic compounds from water by harvesting solar light. Plasmonic semiconductor nanomaterials are metal-like materials with free electrons on the surface that oscillate collectively when hit by light.

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Published On : July 17, 2021
A)
Warren Buffett
B)
Mark Zuckerberg
C)
Jeff Bezos
D)
Michael Bloomberg

Correct Answer : Option (C) - Jeff Bezos

Note : Amazon Founder and CEO Jeff Bezos tops Forbes annual world's billionaires list with a net worth of $113 billion.

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Published On : July 17, 2021
A)
Virat Kohli
B)
Sourav Ganguly
C)
Sachin Tendulkar
D)
Viswanathan Anand

Correct Answer : Option (D) - Viswanathan Anand

Note : Chess Master Viswanathan Anand has been appointed as the new Ambassador for World Wide Fund (WWF) India's Environment Education program. The Environment Education Program was formed in 1976.

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Published On : July 17, 2021
A)
Centre for Cellular and Molecular Biology (CCMB)
B)
Jawaharlal Nehru Centre for Advanced Scientific Research
C)
Sree Chitra Tirunal Institute for Medical Sciences and Technology
D)
Translational Health Science and Technology Institute (THSTI),Faridabad

Correct Answer : Option (A) - Centre for Cellular and Molecular Biology (CCMB)

Note : Centre for Cellular and Molecular Biology (CCMB) is currently developing an inactivated virus vaccine for COVID-19. These inactivated vaccines are known for their safety and easy production.

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Published On : July 17, 2021
A)
May 21
B)
May 29
C)
August 21
D)
August 29

Correct Answer : Option (D) - August 29

Note : Tour de France cycling race postponed from June 27 to August 29.

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Published On : July 17, 2021
A)
Tiktok
B)
Aarogya Setu
C)
Ludo King
D)
Zoom Vidoe call

Correct Answer : Option (B) - Aarogya Setu

Note : The Central Government's mobile app, Aarogya Setu, has become the world's fastest app to reach 50 million downloads in just 13 days. The information was passed by the NITI Aayog CEO Amitabh Kant on 15 April. The app was developed for tracking COVID-19 patients.

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Published On : July 17, 2021
A)
Fighting in public
B)
Dancing in public
C)
Spitting in public
D)
Making Tiktok in public

Correct Answer : Option (C) - Spitting in public

Note : The Government of India has announced Spitting in public act a punishable offence under the strict Disaster Management Act in its revised guidelines for lockdown issued to contain COVID-19. The announcement was made by the Union Ministry of Home Affairs in its revised guidelines.The guidelines also mandated the wearing of face masks in public places.

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Published On : July 17, 2021
A)
Rs.1,250 crore
B)
Rs.3,250 crore
C)
Rs.4,250 crore
D)
Rs.5,250 crore

Correct Answer : Option (C) - Rs.4,250 crore

Note : The Central Board of Direct Taxes (CBDT) stated that it has already issued over 10.2 lakh refunds totalling to around Rs.4,250 crore as of 14 April 2020. The move is in pursuance to the Government of India's decision to issue pending income tax refunds up to Rs.5 lakh in order to help taxpayers in a COVID-19 pandemic situation, on 8 April.

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Published On : July 17, 2021