Important Current Affairs and GK On Commerce and business 2020

 Good Governance Index launched by Government.

It was launched on 25th December,2019. The state that topped in it is Tamil Nadu.

Main points of the report are discussed below :

1) The states and the Union Territories are divided into 3 groups i.e., Big states, North East and hill states and Union territories.

2) After Tamil Nadu, it was followed by Maharashtra , Karnataka , Chattisgarh and Andhra Pradesh in Big states category.The poor performers were Odisha , Bihar , Goa and Uttar Pradesh . Jharkhand ranked last in this index.

3) In the North East and hill states category , Himachal Pradesh ranked first followed by Uttarakhand , Tripura < Mizoram and Sikkim. The poor performers included Jammu and Kashmir , Manipur , Meghalaya , Nagaland and Arunachal Pradesh.

Agricultural ranking

The best performing states were Madhya Pradesh , Mizoram and Daman Diu . 

Commerce and Industries

Delhi , Uttarakhand and Jharkhand were the top performers.

   Union Cabinet approves new Agreement on Trade , Commerce and Transit between India and Bhutan.

The Agreement provides for free trade regime between two countries i.e., India and Bhutan. As per the agreement , bilateral trade between both neighbouring countries will continue to be transacted in Indian Rupees and Bhutanese Ngultrums.

GK Questions important for 2020

1) Name the bank which has deployed Robotic Arms for currency sorting at its chests.

Ans ICICI Bank

2) The RBI has given the final approval for the merger of district co-operative banks in ?

Ans Kerela, it will be called as KERELA BANK.

3) Where is the headquaeters of Lakshmi Vilas Bank situated ?

Ans Chennai

4) UN-Habitat is the United Nations programme working towards a better urban future . Where is the headquarters of UN Habitat ?

Ans Nairobi, Kenya

5) Deposit Insurance and Credit Guarantee Corporation (DICGC) has been permitted to increase deposit Insurance Coverage for a depositor , which is now Rs. one lakh to -

Ans Rs. 5 lakh per depositor

6) MDR stands for -

Ans Merchant Discount Rate

7) Which organisation has constituted a working group on Social Stock Exchange (SSE) under the chairmanship of Ishaat Hussain , Director , SBI Foundation ?

Ans SEBI

8) Where is the headquarters of Credit Saison India , which has received a non-banking financial company (NBFC) licence from the RBI ?

Ans Bengaluru

9) Which are the BRIC countries ?

Ans Brazil , Russia , India and China

10) Name a type of direct tax ?

Ans Corporation Tax

11) What kind of unemployment is founf in the agricultural sector of India ?

Ans Disguise

12) Agriculture employs upto what percent of the Indian population ?

Ans 70

13) Which Indian state has the largest number of cotton Textile mills ?

Ans Maharashtra

14) NABARD was set up with an initial capital of 

Ans Rs. 200 crore

15) The purest form of the income of the nation is-

Ans Net National Product

16) A tax-exempt bond , issued by federally qualified organizations or by municipalities for the development of brownfield sites , is known as -

Ans Green Bond

17) What is the full form of EPCG ?

Ans Export Promotion Capital Goods

18) Operation Twist is related to -

Ans A Monetary Policy tool

19) In the United State of America , the 144A Market refers to a market for -

Ans Qualified Institutional Buyers (QIBs)

20) Which one of the following programmes was initiated during the Sixth Five-Year Plan ?

Ans Integrated Rural Development

21) Form 16A, a TDS certificate , is not issued to -

Ans Salaried employees

22) Poyais is a fictional 

Ans Country

23) Triffin Paradox is related to 

Ans Currencies

24) State a non-cash expenditure for a company ?

Ans Expenditure on advertising

25) In Germany , the term 'Black Zero' is referred to as

Ans Balanced Budget

26) The theme of XI BRICS Summit 2019 was 

Ans Economic Growth for an Innovative Future

27) The Steel Scrap Recycling Policy , 2019 has been notified by the

Ans Ministry of Steel

28) Name the first Private Sector Bank in India.

Ans Nedungadi Bank, established in 1889 in Kerela,taken over by Punjab National Bank in 2003.

29) The term Seingnorage refers to 

Ans Intrinsic value of currency notes less the cost of production.

30) A substantial increase in capital expenditure or revenue deficit leads to

Ans Fiscal deficit

31) Indexation is a method whose use can be associated with which one of the following ?

Ans Controlling inflation

32) Gini Coefficient or Gini Ratio can be associated with which one of the following measurements in an economy ?

Ans Income inequality

33) A National level Busines meet was organized by CPWD in which city ?

Ans New Delhi

34) Vistara inked code share agreement was with which company ?

Ans Lufthansa

35) Which company has announced changes in its health insurance policy in order to provid benefits to employees involved in LGBT employees ?

Ans TCS

36) What is India's rank in UNCTAD's Business-to-Consumer E-commerce Index 2019 ?

Ans 73rd

37) BSNL has partnered with which company to let users connect to nearby Wi-Fi hotspots .

Ans Paytm

38) Which Indian organisation has discovered 30 reels of unedited footage on Mahatma Gandhi ?

Ans NFAI

39) Name the financial institution which has launched 'green' bond fund for central banks to promote green finance.

Ans Bank for International Settlements

40) Which of the following company has signed an agreement with Bank of Baroda to be preferred financier for its dealers and consumers ?

Ans Hyundai Motor India

41) Who organised the national Level Seminar on Anti Drone technology at New Delhi on 26 september 2019 ?

Ans Bureau of Police Research and Development

42) Which Indian company tops in the Forbes' World's best 'regarded' companies list 2019 ?

Ans Infosys

43) Who has tied up with Bharti AXA Life Insurance to offer a pre-paid plan with insurance protection cover for its customers ?

Ans Bharti Airtel

44) Which company ties up with FEBRABAN to develop online business platform ?

Ans Wipro

45) Name the insurance company which has signed a bancassurance agreement with Indian bank .

Ans Max Bupa

46) Niti Aayog selected this company to set up India's first digital capability centre. Name it.

Ans McKinsey & Company

47) Who partners with SONYLIV to provide mobile inflight entertainment ?

Ans IndiGo

48) Which IT firm bags $300-million deal from ICICI Bank ?

Ans Wipro

49) Which e-commerce company recently announced to eliminate single-use plastic from its packaging by June 2020 ?

Ans Amazon

50) Where is the headquarter of ICRA ?

Ans Gurugram