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Daily Current Affairs Answer & Explanation : 13 August 2020

Question 1.



Reserve Tranche Position is accounted among a country’s foreign-exchange reserves.


Question 2.


Explanation :

  • The ‘Moscow format’ is related to Russia’s approach to solve the Afghanistan Crisis.


Question 3.

Answer- b

Explanation :

The natural rate of interest, sometimes called the neutral rate of interest, is the interest rate that supports the economy at full employment/maximum output while keeping inflation constant.


Question 4.

Answer c

Explanation :

The Strategic Policy Group (SPG), formed to assist the National Security Council (NSC), has been reconstituted with National Security Advisor Ajit Doval as its chief to strategise on matters dealing with internal and economic security.


Question 5.

Answer- d

Explanation :

  • the term ‘decoupling’ generally refers to a situation when economy does not grow or slow down in sync with the global economy.


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