Daily Current Affair Quiz: 2nd January 2020
1. Which of the following statements are true?
1. Under Saansad Adarsh Gram Yojana , each MP was required to identify one gram panchayat of his or her choice for developing it as an Adarsh Gram (Model Village) every year.
2. The basic unit for development is ‘Gram Panchayat’.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Ans: c
Justification:
- Under the SAGY, each MP was required to identify one gram panchayat of his or her choice for developing it as an Adarsh Gram (Model Village) every year.
- Under the Yojana, MPs are responsible for developing the socio-economic and physical infrastructure of three villages each by 2019, and a total of eight villages each by 2024. The first Adarsh Gram (Model Village) was to be developed by 2016, and two more by 2019.
- The basic unit for development is ‘Gram Panchayat’.
2. MANI Mobile App is launched by
(a) SEBI
(b) RBI
(c) State Bank of India
(d) SIDBI
Ans: b
Justification:
- The Reserve Bank of India has launched ‘MANI’ mobile app to help the visually challenged identify the denomination of currency notes.
3. Which of the following statements are true?
1. The Indian History Congress(IHC) is the largest association of professional historians in South Asia.
2. It was founded in 1947.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Ans: a
Justification:
- Founded in 1935, the Indian History Congress(IHC) is the largest association of professional historians in South Asia.
- It has about 35000 members of which over 2000 delegates participate in its session every year.
- It has been holding its sessions very regularly from its inception and publishing its proceedings every year since 1935.
- Its main objective is to promote secular and scientific writing of history.
4. Which of the following statements are true?
1. Merchant Discount Rate is a fee charged from a merchant by a bank for accepting payments from customers through credit and debit cards in their establishments.
2. MDR compensates the card issuing bank, the lender which puts the PoS terminal and payment gateways such as Mastercard or Visa for their services.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Ans: c
Justification:
- It is a fee charged from a merchant by a bank for accepting payments from customers through credit and debit cards in their establishments.
- MDR compensates the card issuing bank, the lender which puts the PoS terminal and payment gateways such as Mastercard or Visa for their services.
- MDR charges are usually shared in pre-agreed proportion between the bank and a merchant and is expressed in percentage of transaction amount.
5. He was born in Uttar Pradesh. He formed the Praja Socialist Party in 1952. He is popularly known as Lok Nayak. Identify the person.
(a) JP Narayan
(b) Minoo Masani
(c) Ram Manohar Lohia
(d) None of the above
Ans: a
Justification:
- Jai Prakash Narayan was born on 11th October,1902 in Uttar Pradesh. He was an Indian political leader and theorist. He is popularly known as Lok Nayak.
- Narayan was educated at universities in the United States, where he became a Marxist. Upon his return to India in 1929, he joined the Indian National Congress (Congress Party).
- In 1932 he was sentenced to a year’s imprisonment for his participation in the Civil Disobedience Movement against British rule in India. Upon release he took a leading part in the formation of the Congress Socialist Party, a left-wing group within the Congress Party,
- He formed the Praja Socialist Party in 1952.
