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9th August 2016 Current Affairs Questions and Answers

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11, 12 May 2020 GK, Current Affairs Quiz, Questions

11, 12 May 2020 2020 Current Affairs MCQs, Quiz, Questions: Current Affairs for May 2020Daily Multiple Choice Questions (MCQs) for India GK, World GK and current affairs with Collection of daily objective type Question by www.Indiagk.net based on General Knowledge (GK) and General Science (GS) Questions for UPSC, State PSC, SSC, Police exam, Railway exam, SBI, Bank PO, IBPC, SSC, LDC, UDC, Army, Airforce, Navy, Coast Guard, Bank Clerk, TET and all entrance examination with current affairs News, Multiple Choice Questions (MCQs) available on Website www.IndiaGK.net and Android Apps with daily updates:.  
Current Affairs Questions on 11, 12 May 2020 :
What is the revised India’s GDP estimate for FY21 as per US based Goldman Sachs group.
A. -0.4%
B. -4.1%
C. -0.8%
D. -2.6%
Answer: A
Explanation: American multinational financial services company Goldman Sachs Group, Inc. has predicted India’s GDP (Gross domestic product) growth for 2020-21 (FY21) at -0.4% following the expansion of the lockdown. While the Japanese brokerage firm Nomura Holdings, Inc. has also lowered India’s FY21 GDP growth forecast to –5.2% from -0.4% predicted earlier.

Which Union Ministry has launched CHAMPIONS Portal?
A. MSME Ministry
B. Home Ministry
C. Health Ministry
D. Commerce
Answer: A
Explanation: CHAMPIONS portal has been launched by the Union Ministry of Micro, Small and Medium Enterprises (MSME). It is a technology driven Control Room-Cum-Management Information System. CHAMPION stands for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength. This portal is a one-stop-shop solution of the MSME Ministry. The “CHAMPIONS” portal utilises modern ICT tools such as telephone, internet and video conference, and aims to assist Indian MSMEs to march into big league as National and Global CHAMPIONS.

PM Modi announces how much package under Atma Nirbhar Bharat Abhiyan?
A. 10 Lakh Crore
B. 20 Lakh Crore
C. 15 Lakh Crore
D. 50 Lakh Crore
Answer: B
Explanation: Prime Minister Narendra Modi on 12th May 2020 announced a new scheme called “Atma Nirbhar Bharat Abhiyan”. Under the new scheme, 20 lakh crore of package has been announced. Under the scheme, the government of India is to support key sectors and also help achieve measures undertaken by Reserve Bank of India. The economic package is 10% of the GDP. The package will also focus on strengthening local markets and supply chains. The scheme will pay special attention on tax payers, farmers, labourers, cottage industries and MSMEs. The main aim of the scheme is to become self reliant..........Check More at INDIA GK" App: tinyurl.com/IndiaGK


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