Launching a new series of Top 5 Current Affairs Quiz 2021 for Banking to help every aspiring student preparing for SBI Clerk, SBI PO, SBI SO, SBI Clerk, IBPS PO, IBPS Clerk, IBPS RRB, IBPS SO, RBI Officer Grade B, RBI Assistant, IPPB, NABARD, and competitive exams.
The quiz covers the top 5 current affairs: NITI Aayog’s SDG India Index, India’s GDP growth, RAMP Program for India’s MSME sector, and India’s new ITR portal among more.
Q1. The World Bank has forecasted India’s GDP growth for FY 2021-22. What is the growth per cent?
a) 5.8 per cent
b) 8.9 per cent
c) 8.3 per cent
d) 7.3 per cent
Q2. Which country became the first to make Bitcoin a legal tender?
a) India
b) El Salvador
c) Australia
d) United States (US)
Q3. Who approved the Raising and Accelerating Micro, Small and Medium Enterprise Performance (RAMP) Program to boost India’s MSME sector?
a) United Nations
b) World Bank
c) International Monetary Fund (IMF)
d) Ministry of Finance, Govt. of India
Q4. Which was the worst-performing state on the NITI Aayog’s SDG India Index 2020-21?
a) Kerala
b) Uttarakhand
c) Bihar
d) Rajasthan
Q5. When did the Income Tax Department of India launch a new e-filing portal?
a) March 7, 2021
b) June 7, 2021
c) May 7, 2021
d) April 7, 2021
Answers
1. c) 8.3 per cent
As per World Bank’s June 2021 Global Economic Prospects report, which was released on June 8, 2021, India’s Gross Domestic Product (GDP) is expected to grow at 8.3 percent. A higher spending on health, rural development, infrastructure, and a stronger-than-expected recovery in services will account for growth in the country’s GDP.
2. b) El Salvador
El Salvador on June 9, 2021, became the first country in the world to grant legal tender status to Bitcoin. The El Salvador Congress passed the bill proposed by El Salvador’s President Nayib Bukele to make Bitcoin a legal tender in the country with a supermajority of 62 votes out of 84.
3. b) World Bank
The Board of Executive Directors of the World Bank on June 4, 2021, approved a $500 million worth program Raising and Accelerating Micro, Small and Medium Enterprise Performance (RAMP) to support the Indian government’s initiative to boost India’s MSME sector. The program will target to improve the performance of 555,000 MSMEs in India.
4. c) Bihar
Bihar was the worst performing state with a score of 52 in the NITI Aayog’s SDG India Index 2020-21. Kerala was the top-performing state with a score of 75. The Sustainable Development Goals (SDG) India Index, developed by NITI Aayog is an aggregate measure that offers a holistic view of the performance of the States and Union Territories and ranks them on a score of 0 to 100.
5. b) June 7, 2021
The Income Tax Department on June 7, 2021, launched the new e-filing portal. The new ITR portal is another initiative by the Central Board of Direct Taxes (CBDT). The new portal is integrated with the immediate processing of ITRs.