Current affairs MAR 07 2020

1. An integrated sports complex named after its former Chief Minister PA Sangma, is to come up in which Indian state?

Ans: Meghalaya (Meghalaya Chief Minister Conrad K Sangma recently laid the foundation stone for an integrated sports complex in Tura district, which is to be named after the former Chief Minister of the state PA Sangma. The 125 crore-project will include a football field and a multi-purpose indoor stadium. The construction of the complex is to be funded jointly by the Centre and the state government. The construction will be completed by 2022 when Meghalaya will host the National Games.)

2. As per the recent amendment to the ‘Foreign direct investment policy on civil aviation’, what is the limit for NRIs to purchase equity stake in Air India?

Ans: 100% (The Union Cabinet recently approved an amendment to the ‘Foreign direct investment policy on civil aviation’, which allowed Non-resident Indians (NRIs) to acquire 100 per cent equity stake in Air India under the automatic route. Prior to this amendment, only 49 per cent was available for sale to NRIs in Air India. After the proposed strategic disinvestment of 100 per cent of Air India by the government, the company will be completely privately owned.)

3.In context of the recent Cabinet approval on listing of Indian companies overseas, what does ‘GDR’ stand for?

Ans: Global Depository Receipts (Very few Indian companies have Global Depository Receipts (GDRs) and only some have American Depository Receipts (ADRs) which can be traded in the US. A Depository receipt is a foreign currency denominated instrument, issued by a foreign depository to a domestic institution and it is listed on an international exchange.)

4.   Which state has recently issued orders to limit the retail price of bottled drinking water?

Ans: Kerala (The state government of Kerala has issued an order to cap the retail price of bottled drinking water at Rs 13 per litre against the present price of Rs. 20 a litre. The Price cut was achieved as the bottled water has been made an essential commodity. The civil supplies department issued the order and asked the manufacturers to follow the price limit and to print the new price in all bottles.)

5. Shweta Rawat and Shalini Gupta, who were seen in news recently, are associated with which field?

Ans: Science (Two Scientists – Dr Shweta Rawat from Defence Institute of Physiology and Allied Sciences (DIPAS), DRDO and Dr. Shalini Gupta, Department of Chemical Engineering, IIT-Delhi were recently conferred with the ‘National Award for Young Women Showing Excellence through Application of Technology for Societal Benefits’ by the President of India Ramnath Kovind. Dr.Shweta has developed a female-specific Full Body protector whereas Dr.Shalini has successfully led the development of a technology SeptifloTM, for point-of-care diagnosis and treatment of bacterial septicaemia.)

6. PRAGYAN CONCLAVE 2020 is an International Seminar organised by which Armed Force of India?

Ans: Indian Army (A two-day Indian Army International Seminar named ‘PRAGYAN CONCLAVE 2020’ is being organised by Centre for Land Warfare Studies (CLAWS). The Seminar commenced on 04 Mar 2020 in New Delhi. The event creates a platform for national and international military experts to discuss on the subject of ‘Changing Characteristics of Land Warfare and its Impact on the Military’.)

7. As per the recent ‘Direct Tax Vivaad Se Vishwas Bill 2020’, what is the time-limit within which the tax-payers can pay the due tax with waiver?

Ans: March 31st 2020 (Parliament had on approved the Direct Tax Vivad se Vishwas Bill, 2020, which would give taxpayers an opportunity to settle their disputes by paying due taxes with complete waiver of interest and penalty until March 31. It would also allow dispute settlement with some additional payment till July 31.)

8. After the proposed amalgamation of 10 public sector banks into four, what will be the total number of state-owned banks in India?

Ans: Twelve (The government approved a scheme for the amalgamation of 10 state-owned banks into four, in the month of March 2020 and announced that the integration will be made effective from April 1, 2020. After this process, India will have 12 Public Sector Banks. Punjab National Bank, Oriental Bank of Commerce, and United Bank of India will amalgamate to form India’s second largest bank after the State Bank of India. Other groups are Canara Bank- Syndicate Bank, Union Bank of India-Andhra Bank-Corporation Bank and Indian Bank- Allahabad Bank.)

9. Which Engineering College of India has obtained the highest rank in the recent QS World Ranking?

Ans: IIT Mumbai (NEW DELHI: The prestigious Indian Institute of Technology (IIT) in Mumbai and Delhi are among the top 50 engineering colleges across the globe, according to subject-wise QS World Ranking. While IIT Bombay has been ranked 44, IIT Delhi has bagged the 47th rank. Last year, IIT Delhi was at the 61st position, while IIT Bombay was at 53rd spot.)

10. Which state recently announced to provide credit guarantee of loans for higher education?

Ans: Haryana (The Chief Minister of Haryana recently announced during the budge session that the state government is to provide credit guarantee of loans for higher education, so that the students can avail loans without the collateral guarantee required by the banks. The state has also created a separate Foreign Cooperation Department for the welfare of non-resident Indians and employment.)

1. An integrated sports complex named after its former Chief Minister PA Sangma, is to come up in which Indian state?

Ans: Meghalaya (Meghalaya Chief Minister Conrad K Sangma recently laid the foundation stone for an integrated sports complex in Tura district, which is to be named after the former Chief Minister of the state PA Sangma. The 125 crore-project will include a football field and a multi-purpose indoor stadium. The construction of the complex is to be funded jointly by the Centre and the state government. The construction will be completed by 2022 when Meghalaya will host the National Games.)

2. As per the recent amendment to the ‘Foreign direct investment policy on civil aviation’, what is the limit for NRIs to purchase equity stake in Air India?

Ans: 100% (The Union Cabinet recently approved an amendment to the ‘Foreign direct investment policy on civil aviation’, which allowed Non-resident Indians (NRIs) to acquire 100 per cent equity stake in Air India under the automatic route. Prior to this amendment, only 49 per cent was available for sale to NRIs in Air India. After the proposed strategic disinvestment of 100 per cent of Air India by the government, the company will be completely privately owned.)

3.In context of the recent Cabinet approval on listing of Indian companies overseas, what does ‘GDR’ stand for?

Ans: Global Depository Receipts (Very few Indian companies have Global Depository Receipts (GDRs) and only some have American Depository Receipts (ADRs) which can be traded in the US. A Depository receipt is a foreign currency denominated instrument, issued by a foreign depository to a domestic institution and it is listed on an international exchange.)

4.   Which state has recently issued orders to limit the retail price of bottled drinking water?

Ans: Kerala (The state government of Kerala has issued an order to cap the retail price of bottled drinking water at Rs 13 per litre against the present price of Rs. 20 a litre. The Price cut was achieved as the bottled water has been made an essential commodity. The civil supplies department issued the order and asked the manufacturers to follow the price limit and to print the new price in all bottles.)

5. Shweta Rawat and Shalini Gupta, who were seen in news recently, are associated with which field?

Ans: Science (Two Scientists – Dr Shweta Rawat from Defence Institute of Physiology and Allied Sciences (DIPAS), DRDO and Dr. Shalini Gupta, Department of Chemical Engineering, IIT-Delhi were recently conferred with the ‘National Award for Young Women Showing Excellence through Application of Technology for Societal Benefits’ by the President of India Ramnath Kovind. Dr.Shweta has developed a female-specific Full Body protector whereas Dr.Shalini has successfully led the development of a technology SeptifloTM, for point-of-care diagnosis and treatment of bacterial septicaemia.)

6. PRAGYAN CONCLAVE 2020 is an International Seminar organised by which Armed Force of India?

Ans: Indian Army (A two-day Indian Army International Seminar named ‘PRAGYAN CONCLAVE 2020’ is being organised by Centre for Land Warfare Studies (CLAWS). The Seminar commenced on 04 Mar 2020 in New Delhi. The event creates a platform for national and international military experts to discuss on the subject of ‘Changing Characteristics of Land Warfare and its Impact on the Military’.)

7. As per the recent ‘Direct Tax Vivaad Se Vishwas Bill 2020’, what is the time-limit within which the tax-payers can pay the due tax with waiver?

Ans: March 31st 2020 (Parliament had on approved the Direct Tax Vivad se Vishwas Bill, 2020, which would give taxpayers an opportunity to settle their disputes by paying due taxes with complete waiver of interest and penalty until March 31. It would also allow dispute settlement with some additional payment till July 31.)

8. After the proposed amalgamation of 10 public sector banks into four, what will be the total number of state-owned banks in India?

Ans: Twelve (The government approved a scheme for the amalgamation of 10 state-owned banks into four, in the month of March 2020 and announced that the integration will be made effective from April 1, 2020. After this process, India will have 12 Public Sector Banks. Punjab National Bank, Oriental Bank of Commerce, and United Bank of India will amalgamate to form India’s second largest bank after the State Bank of India. Other groups are Canara Bank- Syndicate Bank, Union Bank of India-Andhra Bank-Corporation Bank and Indian Bank- Allahabad Bank.)

9. Which Engineering College of India has obtained the highest rank in the recent QS World Ranking?

Ans: IIT Mumbai (NEW DELHI: The prestigious Indian Institute of Technology (IIT) in Mumbai and Delhi are among the top 50 engineering colleges across the globe, according to subject-wise QS World Ranking. While IIT Bombay has been ranked 44, IIT Delhi has bagged the 47th rank. Last year, IIT Delhi was at the 61st position, while IIT Bombay was at 53rd spot.)

10. Which state recently announced to provide credit guarantee of loans for higher education?

Ans: Haryana (The Chief Minister of Haryana recently announced during the budge session that the state government is to provide credit guarantee of loans for higher education, so that the students can avail loans without the collateral guarantee required by the banks. The state has also created a separate Foreign Cooperation Department for the welfare of non-resident Indians and employment.)

1. An integrated sports complex named after its former Chief Minister PA Sangma, is to come up in which Indian state?

Ans: Meghalaya (Meghalaya Chief Minister Conrad K Sangma recently laid the foundation stone for an integrated sports complex in Tura district, which is to be named after the former Chief Minister of the state PA Sangma. The 125 crore-project will include a football field and a multi-purpose indoor stadium. The construction of the complex is to be funded jointly by the Centre and the state government. The construction will be completed by 2022 when Meghalaya will host the National Games.)

2. As per the recent amendment to the ‘Foreign direct investment policy on civil aviation’, what is the limit for NRIs to purchase equity stake in Air India?

Ans: 100% (The Union Cabinet recently approved an amendment to the ‘Foreign direct investment policy on civil aviation’, which allowed Non-resident Indians (NRIs) to acquire 100 per cent equity stake in Air India under the automatic route. Prior to this amendment, only 49 per cent was available for sale to NRIs in Air India. After the proposed strategic disinvestment of 100 per cent of Air India by the government, the company will be completely privately owned.)

3.In context of the recent Cabinet approval on listing of Indian companies overseas, what does ‘GDR’ stand for?

Ans: Global Depository Receipts (Very few Indian companies have Global Depository Receipts (GDRs) and only some have American Depository Receipts (ADRs) which can be traded in the US. A Depository receipt is a foreign currency denominated instrument, issued by a foreign depository to a domestic institution and it is listed on an international exchange.)

4.   Which state has recently issued orders to limit the retail price of bottled drinking water?

Ans: Kerala (The state government of Kerala has issued an order to cap the retail price of bottled drinking water at Rs 13 per litre against the present price of Rs. 20 a litre. The Price cut was achieved as the bottled water has been made an essential commodity. The civil supplies department issued the order and asked the manufacturers to follow the price limit and to print the new price in all bottles.)

5. Shweta Rawat and Shalini Gupta, who were seen in news recently, are associated with which field?

Ans: Science (Two Scientists – Dr Shweta Rawat from Defence Institute of Physiology and Allied Sciences (DIPAS), DRDO and Dr. Shalini Gupta, Department of Chemical Engineering, IIT-Delhi were recently conferred with the ‘National Award for Young Women Showing Excellence through Application of Technology for Societal Benefits’ by the President of India Ramnath Kovind. Dr.Shweta has developed a female-specific Full Body protector whereas Dr.Shalini has successfully led the development of a technology SeptifloTM, for point-of-care diagnosis and treatment of bacterial septicaemia.)

6. PRAGYAN CONCLAVE 2020 is an International Seminar organised by which Armed Force of India?

Ans: Indian Army (A two-day Indian Army International Seminar named ‘PRAGYAN CONCLAVE 2020’ is being organised by Centre for Land Warfare Studies (CLAWS). The Seminar commenced on 04 Mar 2020 in New Delhi. The event creates a platform for national and international military experts to discuss on the subject of ‘Changing Characteristics of Land Warfare and its Impact on the Military’.)

7. As per the recent ‘Direct Tax Vivaad Se Vishwas Bill 2020’, what is the time-limit within which the tax-payers can pay the due tax with waiver?

Ans: March 31st 2020 (Parliament had on approved the Direct Tax Vivad se Vishwas Bill, 2020, which would give taxpayers an opportunity to settle their disputes by paying due taxes with complete waiver of interest and penalty until March 31. It would also allow dispute settlement with some additional payment till July 31.)

8. After the proposed amalgamation of 10 public sector banks into four, what will be the total number of state-owned banks in India?

Ans: Twelve (The government approved a scheme for the amalgamation of 10 state-owned banks into four, in the month of March 2020 and announced that the integration will be made effective from April 1, 2020. After this process, India will have 12 Public Sector Banks. Punjab National Bank, Oriental Bank of Commerce, and United Bank of India will amalgamate to form India’s second largest bank after the State Bank of India. Other groups are Canara Bank- Syndicate Bank, Union Bank of India-Andhra Bank-Corporation Bank and Indian Bank- Allahabad Bank.)

9. Which Engineering College of India has obtained the highest rank in the recent QS World Ranking?

Ans: IIT Mumbai (NEW DELHI: The prestigious Indian Institute of Technology (IIT) in Mumbai and Delhi are among the top 50 engineering colleges across the globe, according to subject-wise QS World Ranking. While IIT Bombay has been ranked 44, IIT Delhi has bagged the 47th rank. Last year, IIT Delhi was at the 61st position, while IIT Bombay was at 53rd spot.)

10. Which state recently announced to provide credit guarantee of loans for higher education?

Ans: Haryana (The Chief Minister of Haryana recently announced during the budge session that the state government is to provide credit guarantee of loans for higher education, so that the students can avail loans without the collateral guarantee required by the banks. The state has also created a separate Foreign Cooperation Department for the welfare of non-resident Indians and employment.)

1. An integrated sports complex named after its former Chief Minister PA Sangma, is to come up in which Indian state?

Ans: Meghalaya (Meghalaya Chief Minister Conrad K Sangma recently laid the foundation stone for an integrated sports complex in Tura district, which is to be named after the former Chief Minister of the state PA Sangma. The 125 crore-project will include a football field and a multi-purpose indoor stadium. The construction of the complex is to be funded jointly by the Centre and the state government. The construction will be completed by 2022 when Meghalaya will host the National Games.)

2. As per the recent amendment to the ‘Foreign direct investment policy on civil aviation’, what is the limit for NRIs to purchase equity stake in Air India?

Ans: 100% (The Union Cabinet recently approved an amendment to the ‘Foreign direct investment policy on civil aviation’, which allowed Non-resident Indians (NRIs) to acquire 100 per cent equity stake in Air India under the automatic route. Prior to this amendment, only 49 per cent was available for sale to NRIs in Air India. After the proposed strategic disinvestment of 100 per cent of Air India by the government, the company will be completely privately owned.)

3.In context of the recent Cabinet approval on listing of Indian companies overseas, what does ‘GDR’ stand for?

Ans: Global Depository Receipts (Very few Indian companies have Global Depository Receipts (GDRs) and only some have American Depository Receipts (ADRs) which can be traded in the US. A Depository receipt is a foreign currency denominated instrument, issued by a foreign depository to a domestic institution and it is listed on an international exchange.)

4.   Which state has recently issued orders to limit the retail price of bottled drinking water?

Ans: Kerala (The state government of Kerala has issued an order to cap the retail price of bottled drinking water at Rs 13 per litre against the present price of Rs. 20 a litre. The Price cut was achieved as the bottled water has been made an essential commodity. The civil supplies department issued the order and asked the manufacturers to follow the price limit and to print the new price in all bottles.)

5. Shweta Rawat and Shalini Gupta, who were seen in news recently, are associated with which field?

Ans: Science (Two Scientists – Dr Shweta Rawat from Defence Institute of Physiology and Allied Sciences (DIPAS), DRDO and Dr. Shalini Gupta, Department of Chemical Engineering, IIT-Delhi were recently conferred with the ‘National Award for Young Women Showing Excellence through Application of Technology for Societal Benefits’ by the President of India Ramnath Kovind. Dr.Shweta has developed a female-specific Full Body protector whereas Dr.Shalini has successfully led the development of a technology SeptifloTM, for point-of-care diagnosis and treatment of bacterial septicaemia.)

6. PRAGYAN CONCLAVE 2020 is an International Seminar organised by which Armed Force of India?

Ans: Indian Army (A two-day Indian Army International Seminar named ‘PRAGYAN CONCLAVE 2020’ is being organised by Centre for Land Warfare Studies (CLAWS). The Seminar commenced on 04 Mar 2020 in New Delhi. The event creates a platform for national and international military experts to discuss on the subject of ‘Changing Characteristics of Land Warfare and its Impact on the Military’.)

7. As per the recent ‘Direct Tax Vivaad Se Vishwas Bill 2020’, what is the time-limit within which the tax-payers can pay the due tax with waiver?

Ans: March 31st 2020 (Parliament had on approved the Direct Tax Vivad se Vishwas Bill, 2020, which would give taxpayers an opportunity to settle their disputes by paying due taxes with complete waiver of interest and penalty until March 31. It would also allow dispute settlement with some additional payment till July 31.)

8. After the proposed amalgamation of 10 public sector banks into four, what will be the total number of state-owned banks in India?

Ans: Twelve (The government approved a scheme for the amalgamation of 10 state-owned banks into four, in the month of March 2020 and announced that the integration will be made effective from April 1, 2020. After this process, India will have 12 Public Sector Banks. Punjab National Bank, Oriental Bank of Commerce, and United Bank of India will amalgamate to form India’s second largest bank after the State Bank of India. Other groups are Canara Bank- Syndicate Bank, Union Bank of India-Andhra Bank-Corporation Bank and Indian Bank- Allahabad Bank.)

9. Which Engineering College of India has obtained the highest rank in the recent QS World Ranking?

Ans: IIT Mumbai (NEW DELHI: The prestigious Indian Institute of Technology (IIT) in Mumbai and Delhi are among the top 50 engineering colleges across the globe, according to subject-wise QS World Ranking. While IIT Bombay has been ranked 44, IIT Delhi has bagged the 47th rank. Last year, IIT Delhi was at the 61st position, while IIT Bombay was at 53rd spot.)

10. Which state recently announced to provide credit guarantee of loans for higher education?

Ans: Haryana (The Chief Minister of Haryana recently announced during the budge session that the state government is to provide credit guarantee of loans for higher education, so that the students can avail loans without the collateral guarantee required by the banks. The state has also created a separate Foreign Cooperation Department for the welfare of non-resident Indians and employment.)

1. An integrated sports complex named after its former Chief Minister PA Sangma, is to come up in which Indian state?

Ans: Meghalaya (Meghalaya Chief Minister Conrad K Sangma recently laid the foundation stone for an integrated sports complex in Tura district, which is to be named after the former Chief Minister of the state PA Sangma. The 125 crore-project will include a football field and a multi-purpose indoor stadium. The construction of the complex is to be funded jointly by the Centre and the state government. The construction will be completed by 2022 when Meghalaya will host the National Games.)

2. As per the recent amendment to the ‘Foreign direct investment policy on civil aviation’, what is the limit for NRIs to purchase equity stake in Air India?

Ans: 100% (The Union Cabinet recently approved an amendment to the ‘Foreign direct investment policy on civil aviation’, which allowed Non-resident Indians (NRIs) to acquire 100 per cent equity stake in Air India under the automatic route. Prior to this amendment, only 49 per cent was available for sale to NRIs in Air India. After the proposed strategic disinvestment of 100 per cent of Air India by the government, the company will be completely privately owned.)

3.In context of the recent Cabinet approval on listing of Indian companies overseas, what does ‘GDR’ stand for?

Ans: Global Depository Receipts (Very few Indian companies have Global Depository Receipts (GDRs) and only some have American Depository Receipts (ADRs) which can be traded in the US. A Depository receipt is a foreign currency denominated instrument, issued by a foreign depository to a domestic institution and it is listed on an international exchange.)

4.   Which state has recently issued orders to limit the retail price of bottled drinking water?

Ans: Kerala (The state government of Kerala has issued an order to cap the retail price of bottled drinking water at Rs 13 per litre against the present price of Rs. 20 a litre. The Price cut was achieved as the bottled water has been made an essential commodity. The civil supplies department issued the order and asked the manufacturers to follow the price limit and to print the new price in all bottles.)

5. Shweta Rawat and Shalini Gupta, who were seen in news recently, are associated with which field?

Ans: Science (Two Scientists – Dr Shweta Rawat from Defence Institute of Physiology and Allied Sciences (DIPAS), DRDO and Dr. Shalini Gupta, Department of Chemical Engineering, IIT-Delhi were recently conferred with the ‘National Award for Young Women Showing Excellence through Application of Technology for Societal Benefits’ by the President of India Ramnath Kovind. Dr.Shweta has developed a female-specific Full Body protector whereas Dr.Shalini has successfully led the development of a technology SeptifloTM, for point-of-care diagnosis and treatment of bacterial septicaemia.)

6. PRAGYAN CONCLAVE 2020 is an International Seminar organised by which Armed Force of India?

Ans: Indian Army (A two-day Indian Army International Seminar named ‘PRAGYAN CONCLAVE 2020’ is being organised by Centre for Land Warfare Studies (CLAWS). The Seminar commenced on 04 Mar 2020 in New Delhi. The event creates a platform for national and international military experts to discuss on the subject of ‘Changing Characteristics of Land Warfare and its Impact on the Military’.)

7. As per the recent ‘Direct Tax Vivaad Se Vishwas Bill 2020’, what is the time-limit within which the tax-payers can pay the due tax with waiver?

Ans: March 31st 2020 (Parliament had on approved the Direct Tax Vivad se Vishwas Bill, 2020, which would give taxpayers an opportunity to settle their disputes by paying due taxes with complete waiver of interest and penalty until March 31. It would also allow dispute settlement with some additional payment till July 31.)

8. After the proposed amalgamation of 10 public sector banks into four, what will be the total number of state-owned banks in India?

Ans: Twelve (The government approved a scheme for the amalgamation of 10 state-owned banks into four, in the month of March 2020 and announced that the integration will be made effective from April 1, 2020. After this process, India will have 12 Public Sector Banks. Punjab National Bank, Oriental Bank of Commerce, and United Bank of India will amalgamate to form India’s second largest bank after the State Bank of India. Other groups are Canara Bank- Syndicate Bank, Union Bank of India-Andhra Bank-Corporation Bank and Indian Bank- Allahabad Bank.)

9. Which Engineering College of India has obtained the highest rank in the recent QS World Ranking?

Ans: IIT Mumbai (NEW DELHI: The prestigious Indian Institute of Technology (IIT) in Mumbai and Delhi are among the top 50 engineering colleges across the globe, according to subject-wise QS World Ranking. While IIT Bombay has been ranked 44, IIT Delhi has bagged the 47th rank. Last year, IIT Delhi was at the 61st position, while IIT Bombay was at 53rd spot.)

10. Which state recently announced to provide credit guarantee of loans for higher education?

Ans: Haryana (The Chief Minister of Haryana recently announced during the budge session that the state government is to provide credit guarantee of loans for higher education, so that the students can avail loans without the collateral guarantee required by the banks. The state has also created a separate Foreign Cooperation Department for the welfare of non-resident Indians and employment.)

1. An integrated sports complex named after its former Chief Minister PA Sangma, is to come up in which Indian state?

Ans: Meghalaya (Meghalaya Chief Minister Conrad K Sangma recently laid the foundation stone for an integrated sports complex in Tura district, which is to be named after the former Chief Minister of the state PA Sangma. The 125 crore-project will include a football field and a multi-purpose indoor stadium. The construction of the complex is to be funded jointly by the Centre and the state government. The construction will be completed by 2022 when Meghalaya will host the National Games.)

2. As per the recent amendment to the ‘Foreign direct investment policy on civil aviation’, what is the limit for NRIs to purchase equity stake in Air India?

Ans: 100% (The Union Cabinet recently approved an amendment to the ‘Foreign direct investment policy on civil aviation’, which allowed Non-resident Indians (NRIs) to acquire 100 per cent equity stake in Air India under the automatic route. Prior to this amendment, only 49 per cent was available for sale to NRIs in Air India. After the proposed strategic disinvestment of 100 per cent of Air India by the government, the company will be completely privately owned.)

3.In context of the recent Cabinet approval on listing of Indian companies overseas, what does ‘GDR’ stand for?

Ans: Global Depository Receipts (Very few Indian companies have Global Depository Receipts (GDRs) and only some have American Depository Receipts (ADRs) which can be traded in the US. A Depository receipt is a foreign currency denominated instrument, issued by a foreign depository to a domestic institution and it is listed on an international exchange.)

4.   Which state has recently issued orders to limit the retail price of bottled drinking water?

Ans: Kerala (The state government of Kerala has issued an order to cap the retail price of bottled drinking water at Rs 13 per litre against the present price of Rs. 20 a litre. The Price cut was achieved as the bottled water has been made an essential commodity. The civil supplies department issued the order and asked the manufacturers to follow the price limit and to print the new price in all bottles.)

5. Shweta Rawat and Shalini Gupta, who were seen in news recently, are associated with which field?

Ans: Science (Two Scientists – Dr Shweta Rawat from Defence Institute of Physiology and Allied Sciences (DIPAS), DRDO and Dr. Shalini Gupta, Department of Chemical Engineering, IIT-Delhi were recently conferred with the ‘National Award for Young Women Showing Excellence through Application of Technology for Societal Benefits’ by the President of India Ramnath Kovind. Dr.Shweta has developed a female-specific Full Body protector whereas Dr.Shalini has successfully led the development of a technology SeptifloTM, for point-of-care diagnosis and treatment of bacterial septicaemia.)

6. PRAGYAN CONCLAVE 2020 is an International Seminar organised by which Armed Force of India?

Ans: Indian Army (A two-day Indian Army International Seminar named ‘PRAGYAN CONCLAVE 2020’ is being organised by Centre for Land Warfare Studies (CLAWS). The Seminar commenced on 04 Mar 2020 in New Delhi. The event creates a platform for national and international military experts to discuss on the subject of ‘Changing Characteristics of Land Warfare and its Impact on the Military’.)

7. As per the recent ‘Direct Tax Vivaad Se Vishwas Bill 2020’, what is the time-limit within which the tax-payers can pay the due tax with waiver?

Ans: March 31st 2020 (Parliament had on approved the Direct Tax Vivad se Vishwas Bill, 2020, which would give taxpayers an opportunity to settle their disputes by paying due taxes with complete waiver of interest and penalty until March 31. It would also allow dispute settlement with some additional payment till July 31.)

8. After the proposed amalgamation of 10 public sector banks into four, what will be the total number of state-owned banks in India?

Ans: Twelve (The government approved a scheme for the amalgamation of 10 state-owned banks into four, in the month of March 2020 and announced that the integration will be made effective from April 1, 2020. After this process, India will have 12 Public Sector Banks. Punjab National Bank, Oriental Bank of Commerce, and United Bank of India will amalgamate to form India’s second largest bank after the State Bank of India. Other groups are Canara Bank- Syndicate Bank, Union Bank of India-Andhra Bank-Corporation Bank and Indian Bank- Allahabad Bank.)

9. Which Engineering College of India has obtained the highest rank in the recent QS World Ranking?

Ans: IIT Mumbai (NEW DELHI: The prestigious Indian Institute of Technology (IIT) in Mumbai and Delhi are among the top 50 engineering colleges across the globe, according to subject-wise QS World Ranking. While IIT Bombay has been ranked 44, IIT Delhi has bagged the 47th rank. Last year, IIT Delhi was at the 61st position, while IIT Bombay was at 53rd spot.)

10. Which state recently announced to provide credit guarantee of loans for higher education?

Ans: Haryana (The Chief Minister of Haryana recently announced during the budge session that the state government is to provide credit guarantee of loans for higher education, so that the students can avail loans without the collateral guarantee required by the banks. The state has also created a separate Foreign Cooperation Department for the welfare of non-resident Indians and employment.)

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