Current Affairs Quiz 07 February 2020 - Current Affairs Daily MCQ

Current Affairs Quiz 07 February 2020: Based on the Current Affairs and Important News of 07 February 2020 we have framed important current affairs questions for banking and competitive exams. These current affairs quiz questions will be helpful for upcoming competitive exams. Give our online current affairs test every day to be prepared for all Current Affairs Quiz 07 February 2020. Attempt our daily current affairs quiz on our mobile app too.

The Financial Literacy Week is organised annually by which among the following organisations?
A) SEBI
B) IRDAI
C) SBI
D) RBI

View answer
Option D
Explanation: Reserve Bank of India (RBI) will be organizing Financial Literacy Week (FLW) from February 10 to February 14, 2020. The theme for 2020 FLW is “Micro, Small and Medium Enterprises (MSMEs),”
Which state has launched the Mukhya Mantri Parivar Samridhi Yojna to provide financial support to the BPL people?
A) Gujarat
B) Rajasthan
C) Haryana
D) Madhya Pradesh

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Option C
Explanation: Haryana Chief Minister Manohar Lal Khattar officially launched the welfare scheme for poor families titled ‘Mukhya Mantri Parivar Samridhi Yojna, announced by the government in 2019’. Under the scheme, an annual assistance of Rs 6,000, in three equal installment of Rs 2000 each, will be provided to families having an annual income below Rs 1.80 lakh and land holdings up to five acres.
India’s first glass floor suspension bridge has been proposed to be constructed in which state of India?
A) Uttarakhand
B) Karnataka
C) Odisha
D) Assam

View answer
Option A
Explanation: The Uttarakhand Government has approved the design of a glass floor suspension bridge, the first of its kind in the country, which will be built across the River Ganga in Rishikesh. The bridge is as an alternative to the iconic Lakshman Jhula, almost 94 years old, which was closed in 2019 due to safety reasons
As per the data by the World Steel Association, India surpassed which country to become the second largest steel producer of crude steel in the world in the year 2018 and 2019?
A) Australia
B) Japan
C) Germany
D) China

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Option B
Explanation: India has replaced Japan to become the second largest steel producer of crude steel in the world in the year 2018 and 2019, as per the data by World Steel Association. China was the top producer country while Japan ranks third globally. As per the data, India’s crude steel production in 2018 was at 109.3 million tonnes, up by 7.7 percent from 101.5 million tonnes in 2017. Similarly, in 2019, the production went up to 111.2 million tonnes.
The first India-Central Asia Business Council meeting was organised by India in New Delhi in February 2020. The Central Asia is a group of how many independent nations?
A) 8
B) 9
C) 7
D) 5

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Option D
Explanation: The first ever India-Central Asia Business Council meeting was launched in New Delhi on 6th February 2020. The programme was organised by Federation of Indian Chambers of Commerce and Industry (FICCI).From India, External Affairs Minister S Jaishankar addressed the meeting. Central Asia consist of five independent republics, Kazakhstan, Kyrgyzstan, Uzbekistan, Turkmenistan and Tajikistan.
India has recently signed a term contract for purchase of 2 million metric tonnes crude oil annually, with which among the following Non-Middle East countries for the first time?
A) Australia
B) Germany
C) Russia
D) France

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Option C
Explanation: State-owned Indian Oil Corp has signed a deal with Russian oil and gas company Rosneft for the annual purchase of 2 million metric tonnes of crude oil.This is the first ever annual oil purchase deal between India and Russia. Under the deal India will import up to 2 million tonne of Urals grade crude oil from Rosneft of Russia.
Pinelopi Koujianou Goldberg has recently announced to step down as the Chief Economist of which institution?
A) World Bank
B) World Economic Forum
C) International Monetary Fund
D) UNDP

View answer
Option A
Explanation: World Bank Chief Economist Pinelopi Koujianou Goldberg has announced to step down from the post with effect from 1st March 2020. She is resigning to return to teaching at Yale University and create opportunities for the poor young talented economists to the bank.
According to the World Steel Association data for the year 2018 and 2019, which country was the largest steel producer of crude steel in the world?
A) Russia
B) China
C) UAE
D) Germany

View answer
Option B
Explanation: China was the top producer country
Raju Bharatan who passed away recently was a renowned __________
A) Filmmaker
B) Politician
C) Cricket Journalist
D) Mounatineer

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Option C
Explanation: Renowned film historian and noted cricket journalist Raju Bharatan passed away following a prolonged illness. He was 86.
Jeff Weiner has recently resigned as the CEO of which among the following companies?
A) Bloomberg
B) LinkedIn
C) Twitter
D) Yahoo

View answer
Option B
Explanation: Jeff Weiner has recently resigned as the Chief Executive Officer (CEO) of Microsoft-owned LinkedIn. He had served at the post for the past 11 years.
The Sports Authority of India (SAI) and Hockey India have announced to set up High Performance Centres in how many place across India to train Junior and Sub-Junior players for Olympics?
A) 3
B) 10
C) 5
D) 7

View answer
Option D
Explanation: Sports Authority of India (SAI) and Hockey India have decided to establish High Performance Centres in seven places across the country to provide state-of-the-art facilities to Junior and Sub-Junior players. The move is taken in view of 2024 and 2028 Olympic Games, so as to groom the young talent.
Under the Mukhya Mantri Parivar Samridhi Yojna, how much amount will be given annually to the beneficiaries?
A) Rs 6000
B) Rs 4000
C) Rs 8000
D) Rs 5000

View answer
Option A
Explanation: Under the scheme, an annual assistance of Rs 6,000, in three equal installment of Rs 2000 each, will be provided to families having an annual income below Rs 1.80 lakh and land holdings up to five acres.

Current Affairs Quiz – 07 February 2020

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