Current Affairs Quiz: 27 January 2021

27 January 2021: 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 Padma Vibhushan award, UN Peacebuilding fund and revised IMF forecast for India among others. 

1. Who among the following will be honoured with the prestigious Padma Vibhushan award in public affairs?
a) Shinzo Abe
b) Barack Obama
c) Ibrahim Solih
d) Boris Johnson

2. How many individuals will be honoured with the prestigious Padma Bhushan award this year?
a) Nine
b) Seven
c) Ten
d) Eight

3. India has pledged how much amount for the UN Peacebuilding fund this year?
a) USD 150,000
b) USD 100,000
c) USD 175,000
d) USD 200,000

4. The Finance Ministry has released how much amount to the states for providing grants to Rural Local Bodies?
a) Rs 12,351.5 cr
b) Rs 10,000 cr
c) Rs 9567 cr
d) Rs 13,500 cr

5. As per updated forecasts by the International Monetary Fund, the Indian economy has been predicted to grow by how much in the Fiscal Year 2021-2022?
a) 9.5 percent
b) 8.3 percent
c) 10.8 percent
d) 11. 5 percent

6. The IMF has projected which nation to be the fastest-growing major economy for the next two years?
a) China
b) India
c) US
d) South Korea

7. Which nation has become the world’s top destination for new foreign direct investment in 2020?
a) India
b) Japan
c) UK
d) China

8. Which among the following Union Territories displayed its tableau in the Republic Day Parade for the first-ever time?
a) J&K
b) Puducherry
c) New Delhi
d) Ladakh

Answers

1. (a) Shinzo Abe
Former Japanese Prime Minister, Shinzo Abe will be honoured with the prestigious Padma Vibhushan, the second-highest civilian award in India, for his major achievements in the field of Public Affairs.

2. (c) Ten
President Ram Nath Kovind has approved the conferment of a total of 119 Padma Awards this year- 7 Padma Vibhushan, 10 Padma Bhushan, and 102 Padma Shri. The Padma Awards are the highest civilian awards of the country.

3. (a) USD 150,000
India's permanent representative to the United Nations, TS Tirumurti announced on January 25, 2021 that India has pledged USD 150,000 this year for UN Peacebuilding fund. He further stated that as the world's largest democracy, India is conscious of the need to prioritize the building of governance structure to strengthen democracy and the rule of law.

4. (a) Rs 12,351.5 cr
Finance Ministry has released an amount worth Rs 12,351.5 crore to 18 states for providing grants to the Rural Local Bodies. This is the 2nd installment of basic grants released in the financial year 2020-21.

5. (d) 11.5 percent
The International Monetary Fund has projected India to report a double-digit expansion in the Fiscal Year 2021-2022. India is predicted to grow by 11.5% in 2021-22 and 6.8% in 2022-23 as the economy shows signs of revival after the arrival of the COVID-19 vaccine and pick-up in economic activity.

6. (b) India
The International Monetary Fund has projected India to be the fastest-growing major economy for the next two years, displacing China, which is estimated to grow by 8.1% and 5.6% in the next two years.

7. (d) China
China became the world’s top destination for new foreign direct investment in 2020, overtaking the United States in the wake of the COVID-19 pandemic. Though the outbreak began from China, the nation was able to quickly control coronavirus within its borders, which helped its economy rebound relatively quickly.

8. (d) Ladakh
The display of cultural tableaux at the Republic Day Parade 2021 began with Ladakh's tableau. The tableau, showcasing the culture and communal harmony, festivals, art & architecture, music customs and languages was the first-ever one of the UT in the parade.