1. Who among the following will head the reconstituted advisory panel on corporate insolvency resolution process?
a. Aditya Birla
b. Adi Godrej
c. Uday Kotak
d. Ajay Piramal
S-c
EXPLANATION-
• The insolvency regulator Insolvency and Bankruptcy Board of India (IBBI) has reconstituted the Advisory Committee on Corporate Insolvency Resolution and Liquidation process.
• This panel would be chaired by Uday Kotak, Executive Vice Chairman and Managing Director, Kotak Mahindra Bank, and comprises of 13 members besides the Chairman.
• Most members will have a term of three years—up to June 11, 2023.
• This Advisory Committee will advise and provide professional support— on a request from the IBBI or on its own volition—on any matter relating to the Corporate Insolvency resolution and liquidation dealt with by the Board under the Insolvency and Bankruptcy Code 2016.
• The IBBI is a regulator that oversees insolvency proceedings in the country. It was established in 2016 under the Insolvency and Bankruptcy code in order to speed up resolution process of stressed assets.
2. Where did Indian railways launch Automated Ticket Checking & Managing Access machine (ATMA)?
a. Nagpur
b. Lucknow
c. Pune
d. Chandigarh
S-a
EXPLANATION-
• In a first, Indian Railways’ Central Railway zone has installed a newly innovated ATMA – Automated Ticket Checking & Managing Access machine at the Nagpur railway station.
• The ATMA machine has been introduced at the station under the New, Innovative Non-Fare Revenue Ideas Scheme (NINFRIS) policy to prevent transmission of COVID-19. The ATMA machine will enable touch-free scrutiny of passenger’s credentials while following boarding guidelines.
• Recently, Indian Railways also introduced a new automated face mask and hand sanitizer dispenser machine at Patna Junction to facilitate those who forgot to carry their sanitizer or mask.
3. Which of the following organisation has approved a USD 750 million loan to India to help the government strengthen its battle against the adverse impact of Covid-19 on poor and vulnerable households?
a. AIIB
b. NDB
c. World Bank
d. IMF
S-a
EXPLANATION-
• Asian Infrastructure Investment Bank (AIIB) has approved a USD 750 million (around Rs 5,714 crore) loan to India to help the government strengthen its battle against the adverse impact of Covid-19 on poor and vulnerable households.
• AIIB’s total sovereign loans to India that have already been approved amount to USD 3.06 billion, including a recent USD 500 million Covid-19 emergency response.
• The current loan will be the second for India under AIIB’s Covid-19 Crisis Recovery Facility (CRF).
4. Which of the following has launched India’s first insurance for the Unmanned Aerial Vehicles (UAV)?
a. HDFC Ergo General Insurance
b. ICICI Lombard
c. TATA AIG
d. Bajaj Allianz General Insurance
S-a
EXPLANATION-
• HDFC ERGO, the country’s third-largest non-life insurance provider in the private sector, and TropoGo, a Deep Tech start-up, have partnered to offer commercial drone owners and operators Third Party Liability claims cover for property damage and bodily injuries.
• This policy is the first-of-its-kind in the non-life insurance segment in India which will be offered on-demand to customers on ‘Pay as you Fly’ concept.
• In the current pandemic, Unmanned Aerial Vehicles (UAV) or drones are being considered and also actively used actively by State and Central Government in the fight against COVID-19.
5. Who has been appointed as the brand ambassador of Bihar Khadi by the state government?
a. Pankaj Tripathi
b. Amitabh Bachchan
c. Ranbir Kapoor
d. Manoj Bajpai
S-a
EXPLANATION-
• Bollywood actor Pankaj Tripathi has been appointed as the brand ambassador of Bihar Khadi by the state government.
• He is originally from Bihar. He will promote Bihar Khadi and the country’s largest Khadi Mall in Patna.
• The Khadi Village Industries Board has directed to create new designs of Khadi garments to increase production and sales of all Khadi institutions.
• Madhubani Khadi of the state is being promoted all over the country.
