Quiz And Explanation SMQUIZ063

1.Tour de France is related to which of the following sports?

a. Cycling
b. Boxing
c. Wrestling
d. Football

S-a

EXPLANATION-

The world's most famous cycling race Tour de France has been postponed in the wake of Corona virus pandemic.
• The French newspapers reported that the three-week race was set to start on 27th of June in the Riviera city of Nice has been set for August. This year's event has 21 stages, with the longest of them stretching 218 kilometres (135 miles).
• The decision came after French President Emmanuel Macron announced in his speech to the nation that all public events with large crowds have been cancelled until at least mid-July.
• The last time the Tour was not held was in 1946, with the nation still emerging from World War-II. It was also stopped during World War-I.


2.When is the World Heritage Day observed?

a. 19 April
b. 18 April
c. 17 April
d. 15 April

S-b

EXPLANATION-

World Heritage Day 2020 is observed on 18 April to increase awareness on the importance of diversity of cultural heritage and preserving it for the generations ahead.
• It was approved by General Assembly of UNESCO in 1983, with an aim to conserve and enhance awareness about the importance of cultural heritage and monuments.
• Theme of World Heritage Day 2020 is "Shared Culture’, ‘Shared heritage’ and ‘Shared responsibility”

3. Who is the president of BCCI?

a. Rahul Dravid
b. Saurav Ganguly
c. Anil Kumble
d. Gautam Gambhir

S-b

4. RBI has announced a refinancing facility worth how much to boost the housing finance sector?

a. Rs 50,000 crore
b. Rs 30,000 crore
c. Rs 20,000 crore
d. Rs 10,000 crore

S-a

EXPLANATION-

Shaktikanta Das announced a refinancing facility worth Rs 50,000 crore to boost the housing finance sector. NABARD (Rs 25,000 crore), SIDBI (Rs 15,000 crore) and NHB (Rs 10,000 crore) would be the beneficiaries.
• They will be charged at the repo rate of 4.4 per cent for this amount.
• The companies had earlier asked the government to help them with liquidity as they were suffering on account of tight liquidity conditions.

5. As per the last meeting of Monetary Policy Committee (MPC), what is the repo rate?

a. 4.4%
b. 5.1%
c. 3.1%
d. 7.1%

S-a

EXPLANATION-

• In its last MPC meet, the repo rate was cut by 75 bps to 4.4 percent.
• It the rate at which RBI lends money to commercial banks in the event of any shortfall of funds.
• It is used to control inflation.