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Page 1 Follow us: Official Site, Telegram, Facebook, Instagram, Instamojo Page 2 Follow us: Official Site, Telegram, Facebook, Instagram, Instamojo SUPER Current Affairs MCQ PDF 1st & 2nd May 2021 By Dream Big Institution: (SUPER Current Affairs) © Q.SHWAS and AROG are the two new loan products launched by which institution amid the fight against COVID-19? A) SBI C) ADB B) SIDBI D) World Bank Answer -B SHWAS – SIDBI assistance to Healthcare sector in War Against Second wave of COVID19; AROG – SIDBI Assistance to MSMEs for Recovery & Organic Growth during COVID19 pandemic Latest Schemes in NEWS 2021 SIDBI Launches SHWAS And AROG Loan Schemes For MSMEs AP Launched Jagananna Vidya Deevena Scheme Piyush Goyal Launches The Startup India Seed Fund Scheme Khelo India Scheme Extended Till 2025-26 Rajasthan becomes first state to launch “Health Insurance for All” its residents Centre launches ‘Gram Ujala Scheme’ to offer LED bulbs at Rs 10/piece in rural areas Government announces “All India Tourist Vehicles Authorization and Permit Rules, 2021” to be effective from April 01 HDFC Bank launches ‘SmartUp Unnati’ for Women Entrepreneurs ”Gharoki Pechan, Chelik Naam” Scheme launched in Nainital Health Minister Harch Vardhan launches Mission Indradhanush 3.0 Maharaja Chhatrasal Convention Centre inaugurated at Khajuraho under Swadesh Darshan Scheme Jammu And Kashmir Launches Super-75 Scholarship Scheme Page 3 Follow us: Official Site, Telegram, Facebook, Instagram, Instamojo World Bank Plans $100-Mn Guarantee Scheme For Solar Rooftop Projects Cabinet Approves PLI Scheme For Telecom Sector Worth Rs 12,195 Crore Mamata Banerjee Launches ‘Maa’ Scheme To Provide Meals At Rs 5 Delhi Cabinet Approves ‘Mukhyamantri Vigyan Pratibha Pariksha’ Scheme Federal Bank Launches ‘FedFirst’ Savings Account Scheme For Children Kerala Governor Launches ‘One School One IAS’ Scheme About Small Industries Development Bank of India (SIDBI): It is a Principal Financial Institution established to promote, finance and develop MSME sectors. Establishment – 2nd April 1990 (under an Act of Indian Parliament) Headquarters – Lucknow, Uttar Pradesh Chairman & Managing Director – Sivasubramanian Ramann Deputy Managing Director – V Satya Venkata Rao Q.The TRIFED has recently signed an MoU with which organisation for the project ‘Sustainable Livelihoods For Tribal Households in India’? A) Bill & Melinda Gates Foundation C) The LINK Fund B) UNICEF India D) The Giving Pledge Answer -C LINK Fund: The LINK Fund is a Geneva, Switzerland based philanthropic operational foundation and practitioner-led fund, working towards eradicating extreme poverty and mitigating the effects of climate change. TRIFED TRIFED is a nodal agency under the administrative control of the Ministry of Tribal Affairs, working for the empowerment of the tribals community in India. Page 4 Follow us: Official Site, Telegram, Facebook, Instagram, Instamojo Latest MOUs Signed IN NEWS 2021 Indian Bank Signs MoU With BSNL TRIFED inks MoU with ‘The LINK Fund’ for tribal development Indian Army Signs MoU With HPCL & NIEDO For Ladakh Ignited Minds Project India Sign MoU With France For Cooperation On Gaganyaan Mission India-Japan Signed MoU For Academic And Research Cooperation IBM Signs MoU With U’khand Government To Introduce STEM For Girls Ministry of Agriculture signs MoU with Microsoft India to improve Farmers income in 100 villages of 6 states India & Bangladesh inks 5 MoU to Boost Cooperation China and Russia Inks MoU to jointly build Lunar Space Station CSIR Inks MoU With Bill & Melinda Gates Foundation To Promote Health Research Maharashtra Govt Signs MoU With Flipkart To Promote Wooden Toys Tribal Co-operative Marketing Federation of India (TRIFED) Founded : 1987 Headquarters : New Delhi Chairmam : Ramesh chand meena Vice-chairperson : Pratibha Brahma Managing Director : Pravir Krishna Minister responsible : Arjun Munda, Minister for Tribal Affairs Constituency : Khunti, Jharkhand Q.What is the global rank of Indian insurance major LIC in the 2021 Brand Finance Insurance 100 report, that measures most valuable insurance brand globally? A) 10 C) 5 B) 20 D) 15 Answer -A Page 5 Follow us: Official Site, Telegram, Facebook, Instagram, Instamojo The state-owned insurance behemoth ‘Life Insurance Corporation (LIC)’ has emerged as the third strongest and the tenth most valuable insurance brand globally, in Brand Finance Insurance 100 report for 2021.The brand value of LIC increased by almost 7 percent to $8.65 billion in 2021. According to the report: Most Valuable Indian Insurance Brand – LIC (10th) Most Strongest Indian Insurance Brand – LIC (3rd) Most Valuable Global Insurance Brand – Ping An Insurance, China Most Strongest Global Insurance Brand – Poste Italiane, Italy Quick Recap LIC Ties Up With Paytm To Handle Digital Payments About LIC LIC Chairperson: M R Kumar; LIC Headquarters: Mumbai; LIC Founded: 1 September 1956; Q.Reserve Bank of India (RBI) has joined the Central Banks and Supervisors ‘Network for Greening the Financial System (NGFS)’ as member. Where is the Secretariat of NGFS located? A) Geneva C) Rome B) London D) Paris Answer -D RBI IN NEWS 2021 . RBI Joins Network For Greening Financial System . RBI Caps Tenure Of Private Banks MD & CEO At 15 Years . RBI Cancels Licence Of Bhagyodaya Friends Urban Co-Operative Bank . RBI Allows Commercial Banks To Pay Up To 50% Of Pre-Covid Dividends Page 6 Follow us: Official Site, Telegram, Facebook, Instagram, Instamojo . RBI Approves Atanu Chakraborty As HDFC Bank’s Part-Time Chairman . Reserve Bank Of India (RBI) To Cancel Licence Of Sambandh Finserve . Former RBI Governor Maidavolu Narasimham Passes Away . RBI Sets Up Committee To Review Working Of ARCs . RBI Approves Re-Appointment Of Murali Natarajan As DCB Bank MD And CEO . RBI to conduct open market purchase of government securities of ₹1 lakh crore under the G-SAP 1.0 Programme . RBI Decides To Open Up RTGS, NEFT Facilities For Payment System Operators . RBI Enhances Loan Limit Under Priority Sector Lending Against ENWR/NWR . RBI Increases WMA Limits For The State Governments/UTs . RBI To Release Financial Inclusion Index (FI Index) Annually . RBI celebrated its 86th Foundation Day on 1 April 2021 . Former RBI Governor Urjit Patel Names as Additional Director of Britannia . RBI extends deadline for processing auto-debit payments by 6 months till September 30, 2021 . Former RBI Deputy Governor KC Chakrabarty Passes Away . Reserve Bank of India (RBI) brings State Bank of Sikkim under its regulatory purview . RBI slaps Rs 2 crore fine on Deutsche Bank for non-compliance . RBI takes IDBI Bank out of PCA framework . RBI Imposes Rs 15 Lakh Penalty On Fedbank Financial Services . RBI constitues eight-member expert panel for strenthening Urban Co-operative Banks . RBI has cancelled the licence of Maharashtra-based Vasantdada Nagari Sahakari Bank . RBI sets up College of Supervisors chaired by N S Viswanathan . RBI introduces Legal Entity Identifier for NEFT, RTGS transactions above Rs 50 crore . RBI introduces the RBI-Digital Payments Index. This RBI-Digital Payments Index (DPI) has 5 broad parameters . RBI Organises Financial Literacy Week from February 8-12, 2021 . RBI keeps repo rate unchanged at 4% . RBI Retains SBI, ICICI Bank, HDFC Bank as Domestic Systemically Important Banks (D-SIBs) . RBI officer R. Giridharan authors debut novel ‘Right Under our Nose’ . RBI introduces Legal Entity Identifier (LEI) for NEFT, RTGS transactions above Rs Page 7 Follow us: Official Site, Telegram, Facebook, Instagram, Instamojo 50 crore . RBI to evaluate impact of ‘RBI Kehta Hai’ campaign in 14 languages . RBI Cancels Licence Of Kolhapur-Based Shivam Sahakari Bank . RBI Slaps Penalty Of Rs 2 Crore On Standard Chartered Bank . RBI Introduces Legal Entity Identifier For NEFT, RTGS Transactions Above Rs 50 Crore . RBI to launch “Positive Pay System” for Cheque Truncation System . RBI publishes “’Technology Vision for Cyber Security’ for UCBs . RBI announces ‘positive pay’ feature to help avert cheque frauds About RESERVE BANK OF INDIA (RBI) . Founded : 1 April 1935 . 1st Governor : Sir Osborne Smith . RBI Nationalised : 1 January 1949 . 1st Indian Governor : CD Deshmukh . HQ : Mumbai, Maharashtra . 25th Governor : Shaktikanta Das RBI Deputy Governor (4) 1. Mukesh Kumar Jain 3. Michael D Patra 2. B P Kanungo 4. M Rajeshwar Rao Four Subsidiaries of RBI : 1. Deposit Insurance and Credit Guarantee Corporation of India (DICGC) 2. Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) 3. Reserve Bank Information Technology Private Limited (ReBIT) 4. Indian Financial Technology and Allied Services (IFTAS) Q.What was the profession of Rohit Sardana, who has passed away recently? A) Author C) Economist B) Journalist D) Sportsperson Answer –B Page 8 Follow us: Official Site, Telegram, Facebook, Instagram, Instamojo Q.DEFENDER-Europe 21 is multinational military exercise being held under the leadership of US Army with which organisational group? A) European Union C) NATO B) OPEC D) G-20 Answer – C List of Joint Military Exercises of India 2021 Name of Exercise Participating Nations Conducted at Shantir Ogroshena 2021 India and Bangladesh Bangladesh & The theme of the exercise is “Robust Peace Keeping Operations”. Vajra Prahar 2021 Indo-US Bakloh, in Himachal Pradesh Passage Exercise (PASSEX) Indian Navy and the Indonesian Arabian Sea Navy Iran-Russia Maritime Security India, Iran, Russia & Chinese navy Indian Ocean Belt 2021 ‘DUSTLIK II’ India and Uzbekistan Chaubatia