MCQ on Important Daily Current Affairs of 10th September 2021
In this article, we will discuss MCQ on important current affairs of 10th September 2021 and their answers with explanations.
QUESTIONS
1. How many merchant bankers have been appointed by the Government to manage the Initial Public Offering (IPO) of LIC?
A) 12
B) 7
C) 10
D) 9
2. Bank of Baroda has launched its digital banking platform under which name to bring all banking services under one roof?
A) bob Ahead
B) bob Now
C) bob Unite
D) bob World
3. Which institution has topped the overall category ranking of the NIRF India Rankings 2021?
A) IIT Madras
B) IISc Bengaluru
C) AIIMS Delhi
D) IIT Delhi
4. The entity which tokenizes the actual card credentials and de-tokenizes them whenever required is known as TSP. What does TSP stands for?
A) Token Service Provider
B) Token System Protocol
C) Token Solution Provider
D) Token Serving Platform
5. Which day has been observed as the World Suicide Prevention Day annually globally?
A) 09 September
B) 08 September
C) 10 September
D) 11 September
6. Name the MD & CEO of the IDFC First Bank, who has been re-appointed to the post by RBI for further three years?
A) Shyam Srinivasan
B) Ravneet Gill
C) J Packirisamy
D) V. Vaidyanathan
7. BHEL has set up India’s first-ever indigenously designed High Ash Coal Gasification Based Methanol Production Plant in which city?
A) Chennai
B) Hyderabad
C) Kolkata
D) Pune
8. Which financial body has approved USD 112 million loan recently to improve water supply infrastructure in Jharkhand?
A) Asian Development Bank
B) International Monetary Fund
C) World Bank
D) New Development Bank
9. Government has constituted an expert committee to frame new laws for drugs, cosmetics and medical devices. Who is the head of this committee?
A) Gulshan Taneja
B) P. B. N. Prasad
C) S.Eswara Reddy
D) VG Somani
10. The NIRF India Rankings 2021 is which edition of the annual ranking of institutions and universities in India, launched by Ministry of Education?
A) 3rd
B) 4th
C) 6th
D) 7th
11. How many Boards for Advance Rulings (BAR) has been set up by CBDT to ensure faster disposal of cases of tax disputes?
A) 1
B) 7
C) 3
D) 5
12. RBI has recently removed which bank from its PCA restrictions?
A) UCO Bank
B) Indian Overseas Bank
C) Central Bank of India
D) All the above three
13. What is the theme of the World Suicide Prevention Day (WSPD) 2021?
A) Take a minute, change a life
B) Creating hope through action
C) 40 seconds of action
D) Working Together to Prevent Suicide
14. The Asian Development Bank (ADB) has recently approved how much amount of loan as additional financing to scale up the improvement of rural connectivity in Maharashtra?
A) USD 150 million
B) USD 100 million
C) USD 250 million
D) USD 300 million
15. The Research Institution category is the newly introduced category in India Rankings 2021. Which Indian institution has topped in this category?
A) IIT Madras
B) IIsc Bengaluru
C) IIM Ahmedabad
D) AIIMS Delhi
16. In which state of India, the “Emergency Landing Field” built on National Highway-925 has been inaugurated in Barmer?
A) Gujarat
B) Rajasthan
C) Bihar
D) Punjab
17. Who and HDFC have signed an MoU to provide credit support to MSMEs?
A) BCCI
B) coal india
C) NSIC
D) world bank
18. Recently the Cabinet Committee on Security has approved the purchase of how many transport aircraft?
A) 26 Transport
B) 36 Transport
C) 46 Transport
D) 56 Transport
19. For which sector has the central government recently approved a production-linked incentive scheme of Rs 10,683 crore?
A) Education Sector
B) playing field
C) Science Zone
D) Textile Sector
20. India’s first indigenous high ash coal gasification based methanol production plant has been designed at BHEL’s R&D center located in which city of India?
A) Pune
B) Chennai
C) Hyderabad
D) Bangalore
ANSWERS
1. C
The government of India has appointed 10 merchant bankers for managing the Initial Public Offering of Life Insurance Corporation of India (LIC). The IPO of LIC is likely to be launched in the January-March quarter of 2022.
2. D
Bank of Baroda has announced the launch of its digital banking platform named ‘bob World’. The aim of the platform is to provide all banking services under one roof.
3. A
Overall – Indian Institute of Technology Madras (IIT Madras)
4. A
Token Service Provider (TSP) refers to the entity which tokenizes the actual card credentials and de-tokenizes them whenever required. Earlier only card networks (like VISA, Mastercard) were allowed to act as TSPs. So now banks can act as TSPs.
5. C
World Suicide Prevention Day (WSPD): observed on 10 September every year since 2003.
6. D
The Reserve Bank of India (RBI) has granted its approval for re-appointment of V. Vaidyanathan as the Managing Director & Chief Executive Officer (‘MD & CEO’) of the IDFC First Bank.
7. B
The first-ever, indigenously designed High Ash Coal Gasification Based Methanol Production Plant, in India has been inaugurated at BHEL R&D centre at Hyderabad. The project was funded by the Department of Science and Technology, which provided a Rs 10 crore grant, at the initiative of NITI Aayog, PMO-India and the Ministry of Coal.
8. A
Asian Development Bank (ADB) and the Government of India have signed a USD 112 million loan to develop water supply infrastructure and strengthen capacities of urban local bodies (ULBs) for improved service delivery in four towns in the state of Jharkhand.
9. D
The Ministry of health and family welfare has constituted an eight-member expert committee for framing new laws for drugs, cosmetics and medical devices and replace the existing Drugs and Cosmetics Act, 1940. The committee will be chaired by Drugs Controller General of India (DCGI) Dr VG Somani.
10. C
The Union Minister of Education, Shri Dharmendra Pradhan released the NIRF India Rankings 2021, on September 09, 2021 through video conferencing. The NIRF India Rankings 2021 is the sixth edition of the annual list
11. C
The Central Board of Direct Taxes (CBDT) has constituted three Boards for Advance Rulings (BAR), to ensure faster disposal of cases and avoid income tax disputes.The BARs have been made operational from September 01, 2021.Out of the three BARs, two have been set up in Delhi and one in Mumbai.
12. A
The Reserve Bank of India has announced that UCO Bank is taken out of the PCA restrictions. (Prompt Corrective Action Framework (PCAF)). Now only Indian Overseas Bank and Central Bank of India remain under PCA
13. B
2021 Theme: “Creating hope through action”
14. D
The government of India and the Asian Development Bank (ADB) have signed a USD 300 million loan as additional financing to scale up the improvement of rural connectivity to help boost the rural economy in the state of Maharashtra.
15. B
Research Institutions – Indian Institute of Science, (IISc) Bangalore
16. B
Union Defense Minister Rajnath Singh and Transport Minister Nitin Gadkari have recently inaugurated the “Emergency Landing Field” built on National Highway-925 in the Gandhav-Bakhasar section of Barmer, Rajasthan. This NH-925 is India’s first National Highway, which will be used for emergency landing of Air Force aircraft.
17. C
HDFC Bank and National Small Industries Corporation (NSIC) have signed a Memorandum of Understanding (MoU) with an aim to provide and strengthen credit support to MSMEs. This partnership will help in promoting the development of MSME sector which is the backbone of India in terms of economic growth as well as employment generation.
18. D
Recently the Cabinet Committee on Security has recently approved the purchase of 56 transport aircraft. This approval will give a big boost to the transport fleet of the Indian Air Force. This deal to buy C-295MW transport aircraft will cost more than Rs 20,000 crore.
19. D
The Central Government has recently approved a production-linked incentive scheme of Rs 10,683 crore for the textile sector recently. This will boost domestic manufacturing and exports. Direct additional employment of more than 7.5 lakh people will be created for this scheme.
20. C
The country’s first indigenous high ash coal gasification based methanol production plant has been designed at BHEL’s R&D center at Hyderabad, Telangana. This methanol is used as motor fuel, ships It is used to power its engines and generate clean energy around the world.
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