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Daily Current Affairs Questions: 04 Jan 2020

Question 1. Consider the following statements with respect to the Merchant bank-

  1. A merchant bank is historically a bank dealing in commercial loans and investment.
  2. The merchant discount rate is a fee charged from a merchant by a bank for accepting payments from customers through credit and debit cards in their establishments.

 Which of the statements given above is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 & 2

(d) None


Question 2. Who will launch the “Earthshot Prize” to motivate new solution to tackle climate crisis?

(a) Duke of Cambridge

(b) Queen Elizabeth II

(c) Duke of Sussex

(d) Prince of Wales


Question 3. Kalapani border issue sometimes seen in the news recently is related to which of the following two countries?

(a) India & Bhutan

(b)  India & Bangladesh

(c)  India & Nepal

(d)  India & Sri Lanka


Question 4. Cyber Safe Women’ initiative was launched recently by which of the following states?

(a) Maharashtra

(b)  Haryana

(c)  Kerala

(d)  Andhra Pradesh


Question 5. Lai Haraoba is the ritual festival celebrated by which of the following communities?

(a) Deori of Assam

(b) Manipuri meiteis

(c) Agariya of Chhattisgarh

(d) Bakarwal of Jammu and Kashmir


Click here to see answers and Explanation


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