Static GK and Current Events Questions and Answers: 6th February 2021

Take the GK Quiz on the static and current events that have occurred in recent time. The questions test your knowledge and polish your skills to attempt various competitive exams also. 

1. As per the Budget 2021, what is the disinvestment target for Financial Year 2022?

1. 1.75 lakh crore
2. 1.65 lakh crore 
3. 2 lakh crore
4. 1.76 lakh crore

Ans. a

Explanation: As announced by the Finance Minister in the Budget 2021, the disinvestment target for 2022 is INR 1.75 lakh crore. 

2. Choose the correct statement regarding Phumdis from below 

i) It is a heterogeneous mass of vegetation, soil, and organic matters at various stages of decomposition floating over Chilka lake 

ii) Keibul Lamjao is the only floating national park in the world where Phumdis are found 

1. Only i
2. Only ii
3. Both are correct 
4. None of the above

Ans: d 

Explanation: Phumdis are the heterogeneous mass of vegetation, soil, and organic matters at various stages of decomposition floating over the Loktak lake. Keibul Lamjao National Park is found in Manipur is the only floating national park and is the last natural refuge of the endangered Sangai or Manipur brow-antlered deer. 

3. When was the Economic Survey first tabled?

1. 1947-48
2. 1950-51
3. 1949-50
4. 1991-92

Ans. b

Explanation: The 1st Economic Survey was tabled in 1950-51. However, till the year 1964, it was presented along with the budget. Economic Survey Questions and Answers 2021

4. How much can India's economy contract as per the survey 2021?

1. 7.2%
2. 7.7%
3. 8,3%
4. 6.7%

Ans. b

Explanation: According to the survey, the Indian Economy could contract up to 7.7% in the financial year that would end on March 31, 2021. 

5. Regarding the recovery rate choose the correct statement:

i) An early intense lockdown provided economic recovery in the medium to long-term time 

ii) India observed a U shaped recovery

1. Only i
2. Only ii
3. Both i and ii
4. None of the above 

Ans. a

Explanation: As per the Economic Survey 2021, an early and extremely well-coordinated lockdown provided a win-win strategy to save lives, and preserve livelihoods via economic recovery in the medium to long-term. Plus India observed a V-shaped economy. 

6. In the Union Budget 2021, Finance Minister promised which of the following relief from double taxation?

1. All taxpayers
2. Foreign nationals
3. Non-Resident Indians
4. None of the above 

Ans. c

Explanation: In the Union Budget 2021, all NRIs have been assured of relaxation from double taxation. 

7. Choose the wrong statement about Aung San Suu Kyi

1. She is a Burmese politician
2. She is a diplomat and an author
3. She has been awarded Nobel prize
4. She is a pilot

Ans. d

Explanation: Aung San Suu Kyi is a Burmese politician, a diplomat and has a number of books to her name. She has received the Nobel Peace Prize but she is not a pilot. Aung San Suu Kyi Biography: Birth, Age, Early Life, Education, Husband, Political Career, House Arrest and More

8. When is World Cancer Day celebrated?

1. February 4
2. January 27
3. March 5
4. February 14

Ans. a

Explanation: World Cancer Day is celebrated on February 4 every year. 

9. What is the theme this year for World Cancer Day?

1. I am and I will
2. I will overcome 
3. I can, we can
4. None of the above 

Ans. a

Explanation: This year’s theme of World Cancer is I am and I will.  Know all about World Cancer Day and the disease here

10. Choose the correct statement/s about blood cancer

i) This cancer affects blood cells, that is their production and functions.

ii) This cancer can begin in any part of the body

1. Only i
2. Only ii
3. Both i and ii
4. None of the above 

Ans. a

Explanation: The blood cancer begins in the bone marrow as it is the source of blood production. This cancer affects the production and function of blood cells.

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