Current Affairs Quiz 25 January 2021 | Current Affairs for SSC, IBPS, Railway, UPSC Exams

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1 Which of the following statements is/are correct with reference to the Union Budget 2021-22?
A A customary Halwa ceremony is performed every year before the “lock-in” process of Budget preparation begins.
B In an unprecedented initiative, Union Budget 2021-22 will be delivered in paperless form for the first time.
C Both A & B
D None of these

Answer:Both A & B

Explanation:

The Halwa ceremony, marking the final stage of the Budget making process for Union Budget 2021-22, was held in Delhi's North Block in the presence of Union Finance & Corporate Affairs Minister Nirmala Sitharaman. A customary Halwa ceremony is performed every year before the “lock-in” process of Budget preparation begins. In an unprecedented initiative, Union Budget 2021-22 will be delivered in paperless form for the first time.
2 Which of the following statements is/are correct with reference to the Subhash Chandra Bose Aapda Prabandhan Puraskar 2021?
A The award is announced every year on 2nd January, the birth anniversary of Netaji Subhash Chandra Bose.
B The award carries a cash prize of Rs. 51 lakh and a certificate in case of an institution and Rs. 5 lakh and a certificate in case of an individual.
C Both A & B
D None of these

Answer:The award carries a cash prize of Rs. 51 lakh and a certificate in case of an institution and Rs. 5 lakh and a certificate in case of an individual.

Explanation:

Subhash Chandra Bose Aapda Prabandhan Puraskar 2021 is awarded to Dr. Rajendra Kumar Bhandari (Individual category) and Sustainable Environment and Ecological Development Society (SEEDS) (Institutional category). The award is announced every year on 23rd January, the birth anniversary of Netaji Subhash Chandra Bose. The award carries a cash prize of Rs. 51 lakh and a certificate in case of an institution and Rs. 5 lakh and a certificate in case of an individual.
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3 Which of the following statements is/are correct with reference to the ‘Aqua Rejuvenation Plant’?
A DRDO recently unveiled the first-ever WasteWater Treatment Technology Model which purifies Waste Water for Irrigation/Farming purposes.
B Aqua Rejuvenation Plant (ARP) is an Integrated Waste Water Rejuvenation Model which has Six-Stage purification profile for comprehensive treatment of Waste Water, based upon diverse purification parameters.
C Both A & B
D None of these

Answer:Aqua Rejuvenation Plant (ARP) is an Integrated Waste Water Rejuvenation Model which has Six-Stage purification profile for comprehensive treatment of Waste Water, based upon diverse purification parameters.

Explanation:

CSIR-Central Mechanical Engineering Research Institute, Durgapur unveiled the first-ever Waste Water Treatment Technology Model which purifies Waste Water for Irrigation/Farming purposes. Aqua Rejuvenation Plant (ARP) is an Integrated Waste Water Rejuvenation Model which has Six-Stage purification profile for comprehensive treatment of Waste Water, based upon diverse purification parameters.
4 Ooceraea joshii, a new species of a rare ant genus have been recently discovered in
A Sikkim
B Himachal Pradesh
C Nagaland
D Kerala

Answer: Kerala

Explanation:

Two new species of a rare ant genus have been discovered in Kerala and Tamil Nadu by a team of scientists. One of them found in the Periyar Tiger Reserve of Kerala, has been named Ooceraea joshii, in honour of Prof. Amitabh Joshi, a distinguished evolutionary biologist from Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR) an autonomous institute of the Department of Science & Technology (DST), Government of India.
5 Which of the following statements is/are correct with reference to the Fund for Improvement of S&T infrastructure in universities?
A The FIST programme of the Department of Science & Technology (DST), Government of India was launched in the year 2015.
B The Scheme is intended to provide basic infrastructure and enabling facilities for promoting R&D activities in new and emerging areas and attracting fresh talents in universities & other educational institutions.
C Both A & B
D None of these

Answer: The Scheme is intended to provide basic infrastructure and enabling facilities for promoting R&D activities in new and emerging areas and attracting fresh talents in universities & other educational institutions.

Explanation:

Focusing on supporting interdisciplinary problems, increasing the scope for participation of industries and start-ups and aiming towards an ''Atmanirbhar Bharat'' were underlined at the Fund for Improvement of S&T Advisory Board (FISTAB) meeting. During the meeting, a logo of FIST was launched designed by Ms. Nikita Malhotra of Guru Nanak Dev University, Amritsar, to represent the face of FIST in a new avatar. The Scheme is intended to provide basic infrastructure and enabling facilities for promoting R&D activities in new and emerging areas and attracting fresh talents in universities & other educational institutions.
7 Which of the following is India's first permanent Arctic research station located at Spitsbergen, Svalbard, Norway?
A Himadri
B Bharati
C Maitri
D None of these

Answer:Himadri

Explanation:

India has been invested in the Arctic region for years and to secure its share of the pie that the region offers in terms of research and resources, including minerals and hydrocarbons, the Indian government has now unveiled a draft Arctic policy. Arctic research will help India’s scientific community to study melting rates of the third pole — the Himalayan glaciers, which are endowed with the largest freshwater reserves in the world outside the geographic poles. Himadri is India's first permanent Arctic research station located at Spitsbergen, Svalbard, Norway.
7 Which of the following statements is/are correct with reference to the regulatory framework for the non-banking finance companies’ (NBFC) by RBI?
A The regulatory and supervisory framework of NBFCs will be based on a four-layered structure — the base layer (NBFC-BL), middle layer (NBFC-ML), upper layer (NBFC-UL) and the top layer.
B The current threshold for systemic importance, which is ₹500 crore now, is proposed to be revised to ₹1,000 crore.
C Both A & B
D None of these

Answer:Both A & B

Explanation:

The Reserve Bank of India (RBI) has suggested a tougher regulatory framework for the non-banking finance companies’ (NBFC) sector to prevent recurrence of any systemic risk to the country’s financial system. The regulatory and supervisory framework of NBFCs will be based on a four-layered structure — the base layer (NBFC-BL), middle layer (NBFC-ML), upper layer (NBFC-UL) and the top layer. The current threshold for systemic importance, which is ₹500 crore now, is proposed to be revised to ₹1,000 crore.
8 Which of the following statements is/are correct with reference to the India- Indonesia relations?
A In 1950, President Sukarno was the chief guest at India’s first Republic Day.
B In 2005, India and Indonesia signed a Strategic Partner- ship agreement.
C Both A & B
D None of these

Answer:Both A & B

Explanation:

Tucked away inside the Indonesian Embassy in New Delhi is a special room — one that has been built in recognition the nation’s freedom struggle from Dutch colonialism 74 years ago, and named, unusually, for an Indian leader, Biju Patnaik. In 1950, President Sukarno was the chief guest at India’s first Republic Day, and India-Indonesia ties remained strong for the next decade. Relations were revived only decades later, when in 2005, India and Indonesia signed a Strategic Partner- ship agreement; military exchanges and trade ties have grown since.
9 Who among the following is set to become the first woman fighter pilot to take part in the Republic Day parade?
A Bhawana Kanth
B Avani Chaturvedi
C Shivangi Singh
D None of these

Answer: Bhawana Kanth

Explanation:

Flight lieutenant Bhawana Kanth is set to become the first woman fighter pilot to take part in the Republic Day parade. She will be a part of the Indian Air Force's (IAF's) tableau that will showcase mock-ups of the light combat aircraft, light combat helicopter and the Sukhoi-30 fighter plane.
10 Which of the following statements is/are correct with reference to the Paris Climate Agreement?
A U.S decided to restore its participation in the United Nations Paris Agreement on climate change.
B U.S pledged to achieve an economy-wide reduction of its GHG emissions by 50% below the 2005 level in 2025.
C Both A & B
D None of these

Answer: U.S decided to restore its participation in the United Nations Paris Agreement on climate change.

Explanation:

Joseph Robinette Biden Jr. was sworn in as the 46th president of the United States on January 20, 2021, and among the first orders he signed was one to restore America’s participation in the United Nations Paris Agreement on climate change. His decision on America’s return will take effect on February 19, which would be 107 days after its withdrawal under the Donald Trump administration became formal on November 4, 2020. In the past, the U.S., under George W. Bush, had pulled out of the previous pact, the Kyoto Protocol, in 2001.

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