Quiz And Explanation SMQUIZ036

1.When did Bangabandhu centenary celebration start in Bangladesh?a. 17 March 2020
b. 22 March 2020
c. 19 March 2020
d. 21 March 2020

S-a

EXPLANATION-

• Bangladesh is celebrating the birth centenary of its founder President Sheikh Mujibur Rahman on 17 March 2020.
• Prime Minister Sheikh Hasina marked the day by paying floral tributes to Sheikh Mujibur Rahman at his residence in Dhanmondi area of Dhaka.
• The day marks the beginning of the year long celebration of the birth centenary named ‘Mujib Barsho’ in Bangladesh and across the world.
• Sheikh Mujibur Rahman was born on 17th March 1920 in the town of Tungipara in Gopalganj district of the then undivided India. He led the movement against the oppressive Pakistani rulers in the then East Pakistan leading to its liberation in 1971. Known as Bangabandhu, he became the first President of the independent nation of Bangladesh.

2.Which  of the following convened the virtual G20 summit on coronavirus?

a. India
b. Saudi Arabia
c. United Kingdom
d. Australia

S-b

EXPLANATION-

• Saudi Arabia convened a virtual summit bringing together the leaders from the Group of 20 major economies (G20) to address the coronavirus pandemic.
• The G20 leaders will put forward a coordinated set of policies to protect people and safeguard the global economy.
• The summit will build on efforts by finance ministers and bank governors from the G20, as well as senior health, trade and foreign ministries to determine the much needed steps in fighting the pandemic.


3.Which of the following countries will launch the Global Coalition for Disaster Resilient Infrastructure?

a. Canada and India
b. United States and Canada
c. United Kingdom and India
d. India and Argentina

S-c

EXPLANATION-

• The United Kingdom will be co-chairing the India led CDRI (Global Coalition for Disaster Resilient Infrastructure).
• CDRI was launched by India at the UN Secretary-General’s Climate Action Summit in New York,US in 2019.
• It is an international knowledge and capacity development platform where countries can collaborate to make their existing and new infrastructure strong enough to withstand natural disasters.
• This was built to rapidly expand the development of resilient infrastructure and retrofit existing infrastructure for resilience, and to enable a measurable reduction in infrastructure losses.

4. Which of the following is the first country to suspend all markets as coronavirus spreads?

a. Philippines
b. Australia
c. Canada
d. Ireland

S-a

EXPLANATION-

• The Philippine Stock Exchange closed indefinitely while currency and bond trading were suspended, the first shutdown of markets worldwide in response to the coronavirus, with authorities citing risks to the safety of traders.
• The move comes after some bourses around the world closed trading floors or paused trade after big falls in market value.

5. According to Moody’s latest estimates, what is the GDP of India for 2020?

a. 2.5%
b. 3.1%
c. 5.2%
d. 1.9%

S-a

EXPLANATION-

• Moody’s Investors Service slashed its estimate of India's GDP growth rate to almost three-decade low of 2.5 per cent during 2020 calendar year from an earlier estimate of 5.3 per cent on account of the rising economic cost of the coronavirus pandemic.
• If Moody's projections come out to be correct, China, from where coronavirus spread, will overtake India in 2020, as it is projected to grow at 3.3 per cent in the current calendar year.
• Also, China's growth rate will be higher than that of India in 2021. China's is projected to grow 6 per cent next year, while India at 5.8 per cent.
• Before this, India clocked lower growth rate at 1.1 per cent in 1991-92.