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Current Affairs Quiz: 14 May 2020

The day’s updated quizzes cover topics such as special credit facility for street vendors, Credit Link Subsidy scheme extension, emergency working capital fund for small farmers and  Global Energy Transition Index 2020 among others.

May 14, 2020 18:27 IST
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14 May 2020: The Current Affairs Quizzes section of Jagranjosh aims to help every competitive exam aspirant to revise the day at ease. The day’s updated quizzes cover topics such as special credit facility for street vendors, Credit Link Subsidy scheme extension, emergency working capital fund for small farmers and  Global Energy Transition Index 2020 among others.

1.The Government has announced how much special credit facility for street vendors under Aatmanirbhar Economic Package?
a)Rs 5000 crore
b)Rs 3000 crore
c)Rs 1000 crore
d)Rs 4000 crore

2.The centre has extended the Credit Link Subsidy scheme till when?
a)December 2020
b)March 2021
c)January 2021
d)December 2021

3.How much additional emergency working capital fund has been announced for small and marginal farmers under Aatmanirbhar Economic Package?
a)Rs 15000 crore
b)Rs 30000 crore
c)Rs 50000 crore
d)Rs 45000 crore

4.The PM-CARES Fund Trust has allocated how much amount for India’s fight against COVID-19 in its first installment?
a)Rs 3100 crore
b)Rs 2150 crore
c)Rs 2000 crore
d)Rs 1950 crore

5.How much fund has been allocated for the development of COVID-19 vaccine under the PM-CARES fund?
a)Rs 1000 crore
b)Rs 500 crore
c)Rs 100 crore
d)Rs 700 crore

6.The BRICS’New Development Bank has pledged how much emergency assistance loan to India to support its battle against coronavirus?
a)USD 500 million 
b)USD 1 billion 
c)USD 1.5 billion
d)USD 750 million

7.The Railways has cancelled regular passenger train services till when?
a)May 31st
b)June 15th 
c)July 31st 
d)June 30th 

8.India was ranked at which position on the Global Energy Transition Index 2020?
a)62nd 
b)84th 
c)77th 
d)74th 

Answers

1.(a)Rs 5000 crore
The centre has announced Special Credit Facility worth Rs 5000 crore for all street vendors. There are 50 lakh street vendors, who will be able to avail this special credit facility. An initial working capital worth Rs 10000 will be provided. 

2.(b)March 2021
The Credit Link Subsidy scheme, which was introduced by the government in May 2017, was initially extended till March 31, 2020. The scheme has now been extended for one more year till March 2021. This is expected to benefit around 2.5 lakh more families and help them get affordable houses.

3.(b)Rs 30000 crore
The central government will provide Rs 30,000 crore additional emergency working capital fund through NABARD to the small and marginal farmers under Aatmanirbhar Economic Package.The amount will be immediately released for post-harvest Rabi work and for preparatory work for Kharif crops. 

4.(a)Rs 3100 crore
The PM-CARES Fund Trust, in its first allocation on May 13, 2020 decided to allocate Rs 3,100 crore to support India’s battle against COVID-19 pandemic. 

5.(c) Rs 100 crore
The PM-CARES fund trust has allocated Rs 100 crore for coronavirus vaccine development. The fund will support all the COVID-19 vaccine designers and developers in India to catalyse vaccine development.

6.(b)USD 1 billion 
The BRICS’s New Development Bank has decided to provide USD 1 billion emergency assistance loan to India to support its efforts to combat the coronavirus pandemic, contain its spread and reduce human, social and economic losses.

7.(d) June 30th 
The Indian Railways has cancelled regular passenger train service including Mail, Express, Passenger and Suburban Services till June 30, 2020. The Railways will issue full refund for the same.

8.(d) 74th 
India was ranked at the 74th position on the Global Energy Transition Index. The annual index was released by the World Economic Forum on May 13, 2020. India’s ranking has improved this year in key parameters of economic security, economic growth, and environmental sustainability.

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