Current affairs Question And Answer

Q) The central government has brought Cauvery management authority under Jal shakti 
ministry recently. Who is the Union Jal shakti minister?
1) Nitin Gadkari
2) Smriti Irani
3) Mansukh L. Mandaviya
4) Gajendra Singh Shekhawat
5) Raj Nath Singh
Answer – 4) Gajendra Singh Shekhawat
Explanation: 
The central government has brought the Cauvery Water Management Authority (CWMA) under the Jal 
Shakti Ministry, which was earlier under the Ministry of Water Resources, River Development and 
Ganga Rejuvenation. Union Minister of Jal Shakti– Gajendra Singh Shekhawat (Constituency- Jodhpur).


Q) The task force on National Infrastructure Pipeline (NIP), projects total infrastructure 
investment of Rs 111 lakh crore during a 5-year span of FY 2019-20 to FY 2024-25. Name the 
person who heads the task force.
1) Arun Goel
2) Rajiv Kumar
3) Atanu Chakraborty
4) Ajay Kumar
5) Subash Chandra
Answer – 3) Atanu Chakraborty
Explanation: 
The task force on National Infra Pipeline (NIP) chaired by economic affairs secretary Atanu 
Chakraborty submitted its Final Report on NIP for FY 2019-25 to Finance Minister Nirmala 
Sitharaman, projecting total infrastructure investment of Rs 111 lakh crore during a 5-year span of FY 
2019-20 to FY 2024-25.

Q) Who has been appointed as the interim Managing Director and CEO of the PNB Housing
Finance ?
A .Neeraj Vyas B.Sanjaya Gupta
C.Shikha Sharma D.Usha Ananthasubramanian

ANSWER - Neeraj Vyas
PNB Housing Appoints Neeraj Vyas as Interim MD and CEO   
● PNB Housing Finance has appointed Neeraj Vyas as its interim Managing Director and CEO.
● The term of incumbent Sanjaya Gupta comes to an end on May 4.

Q) The Asian Development Bank (ADB) has approved a USD 346 million loan to Indian government to provide
reliable power connection in rural areas of which state?
A.Rajasthan B.Himachal Pradesh
C. Maharashtra D.Uttar Pradesh
ANSWER - Maharashtra
ADB gives $346 mn loan for power sector in rural Maharashtra  
● The Asian Development Bank (ADB has approved a USD 346 million (around Rs 2,616 crore) loan to
Indian government to provide reliable power connection in rural areas of Maharashtra .
● Maharashtra is the second-most populous state in India, and about half of the state's labour force is
engaged in agriculture and related activities in the rural areas.


Q) The New Development Bank pledges to allocate up to $___billion for loans to BRICS states to boost their
economies?
A.$ 10 billion B. $ 15 billion
C.$ 20 billion D.$ 5 billion
BRICS Foreign Ministers meeting: BRICS nations pledge $15 billion for revival of economies  
● The BRICS is considering a proposal to set up a Vaccine Research and Development Centre as part of
efforts to fight global pandemic and the New Development Bank could allocate up to $15 billion for loans
to BRICS states to boost their economies.


Q) Which rating agency has predicted that the total loss to India due to lock down would be 10 lakh crore or
Rs 7,000 per person ?
A.Fitch B.Ind - Ra
C.S&P D. CRISIL
CRISIL downgrades India growth forecast by half to 1.8 per cent  
● Domestic rating agency Crisil has nearly halved its GDP forecast for India to 1.8 per cent for 2020-21
while projecting total losses of Rs 10 lakh crore or Rs 7,000 per person due to "disastrous" lockdowns to
control COVID-19 pandemic.


Q) Which regional rural bank has launched a loan scheme called Vikas Abhaya ?
A.Andhra Pragathi Grameena Bank B.Allahabad UP Gramin Bank
C. Karnataka Vikas Grameen Bank D.Himachal Pradesh Gramin Bank
KVGB loan scheme for Covid-19-affected MSME borrowers  
● Karnataka Vikas Grameen Bank (KVGB) , a regional rural bank headquartered in Dharwad, has launched
a loan scheme to provide some relief to borrowers whose business activities are disrupted on account of
the Covid-19 pandemic.
● KVGB → Dharwad (HQ), P Gopi Krishna (Chairman).
● A maximum loan of up to ₹1 lakh will be provided and no collateral security.

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