Current Affairs 1st December 2020
Current Affairs of the morning are here with the top headlines of the morning. Current Affairs are very important for all competitive exams including Banking, SSC, RBI, NABARD, etc.
01. In its latest edition of the World
Economy report, IMF has
projected India’s GDP growth to
be ________ in 2020.
A. 1.4%
B. 1.9%
C. 2.2%
D. 2.6%
Answer: B.
Explanation: In its latest edition of the World Economy report, IMF has projected India’s GDP growth to be
1.9 per cent in 2020 from 5.8 per cent in January.
● For China, it has projected a growth rate of 1.2 per cent.
02. Which of the following company
has completed the acquisition
of US-based Aleris Corp for
$2.8-billion?
A. Hindalco
A. Tata Steel
B. Bharat Aluminium Company
C. Jindal Steel
Answer: A.
Explanation: Nearly two years after signing a deal to take over Ohio-based aluminium rolled products maker Aleris Corp,
Kumar Mangalam Birla’s Hindalco Industries finally completed the acquisition through its subsidiary Novelis
Inc.
● The enterprise value of the deal, at $2.8 billion, is slightly higher than the initial estimate of $2.58 billion.
● With the deal closure, Hindalco is now one of the world’s largest aluminum makers.
03. Recently, World’s most famous
Tour de France has been
postponed in the wake of the
Coronavirus pandemic. Tour de
France is a/an ________ event.
A. Car rally
B. Badminton Tournament
C. Golf championship
D. Cycle race
Answer: D.
Explanation: The world’s most famous cycling race Tour de France has been postponed in the wake of the Coronavirus
pandemic.
● The French newspapers reported that the three-week race that was set to start on 27th of June in the
Riviera city of Nice has been set for August.
● The last time the Tour was not held was in 1946, with the nation still emerging from World War-II. It was
also stopped during World War-I.
04. The Indian Council of Medical
Research (ICMR) will consider
using Remdesivir to treat Indian
Covid-19. Remdesivir was used
in the treatment of ________.
A. Measles
B. Ebola
C. Spanish flu
D. Malaria
Answer: B.
Explanation: The Indian Council of Medical Research (ICMR) said it will consider using remdesivir, an
experimental drug made by Gilead Sciences, to treat Indian Covid-19 patients if domestic
companies can manufacture it.
● Remdesivir was used during the Ebola outbreak.
05. Recently, Which of the following
country chaired the Association of
Southeast Asian Nations (ASEAN)
online summit?
A. Vietnam
A. Brunei
B. Cambodia
C. Indonesia
Answer: A.
Explanation: Southeast Asian leaders linked up by video to plot a strategy to overcome a crisis that has threatened
their economies and kept millions of people in their homes under lockdowns.
● The meeting, headed by Prime Minister Nguyen Xuan Phuc of Vietnam, focused on ASEAN member
states’ efforts in addressing the coronavirus pandemic.
06. Recently, Government has
launched a science-based website
________ for coronavirus.
A. CovidPehal
B. CovidGyan
C. CovidSaathi
D. CovidRakshak
Answer: B.
Explanation: The Ministry of Science & Technology has announced a new science-based website for information on COVID-19.
● The website called ‘CovidGyan’ or ‘www(dot)covid-gyan(dot)in’ aims to fight misinformation around coronavirus
disease and will provide factual aspects of this pandemic outbreak on to the public domain.
● This website serves as a hub to bring together a collection of resources in response to the COVID-19 outbreak.
07. Recently, Pharma major Lupin has
received an Establishment
Inspection Report (EIR) from the
US Food and Drug Administration
(USFDA) for its manufacturing
plant in ________.
A. Agra
B. Nagpur
C. Chennai
D. Lucknow
Answer: B.
Explanation: Pharma major Lupin has received an Establishment Inspection Report (EIR) from the US Food
and Drug Administration (USFDA) for its manufacturing plant in Nagpur.
● Lupin develops and commercializes a wide range of branded and generic formulations,
biotechnology products and APIs in over 100 markets in the US, India, South Africa and across
Asia Pacific (APAC), Latin America (LATAM), Europe and Middle-East regions.
08. HDFC Chairman Deepak Parekh
suggested increasing NPA norms
to ________ from 90 days in the
real estate accounts.
A. 100 days
B. 120 days
C. 150 days
D. 180 days
Answer: D.
Explanation: HDFC Chairman Deepak Parekh pushed for a one-time restructuring of stressed real estate accounts and
relaxation in classification of NPA norms to 180 days from 90 days to help the sector.
● Most of the developers are in a stressful situation and many of them are NPAs or will become NPAs.
● Under the RBI norms, an account is classified as a NPA if it is not serviced for 90 days.
09. Recently, Which of the following
state government gives
permission to restart industrial
units in state?
A. Maharashtra
B. Bihar
C. Jharkhand
D. Tamil Nadu
Answer: B.
Explanation: Bihar government has given permission to restart over 27 thousand industrial units in the state to
restore employment generation during lockdown.
● DMs have been authorised to issue permission letter in this regard to units.
● Chief Minister Nitish Kumar said these units have to take responsibility of health security of labourers.
10. Which of the following airlines have
become the first airline to conduct
on-site rapid COVID-19 tests for its
passengers?
A. Flydubai
B. Emirates
C. Singapore Airlines
D. Etihad Airways
Answer: B.
Explanation: The Emirates Airline claimed to have become the first airline to conduct on-site rapid COVID-19 tests
for its passengers.
● Emirates in coordination with Dubai Health Authority (DHA) will be introducing additional precautions.
● The quick blood test, according to the statement, was conducted by the Dubai Health Authority (DHA)
and results were available “within 10 minutes.”
