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Daily Current Affairs Questions: 23 October 2020

Question 1.Consider the following statements with respect to the compound   Annual Growth Rate (CAGR) & the average annual growth rate (AAGR)

  1. The AAGR is the average increasein the value of an individual investment, portfolio, asset, or cash stream over the period of a year.
  2. Compound annual growth rate (CAGR) is the rate of return that would be required for an investment to grow from its beginning balance to its ending balance.

Which of the statements given above is /are correct?

(a) Only 1

(b) Only 2

(c) Both 1 & 2

(d) None


Question 2.IS 10500-2012 sometime seen in news is related to

(a) Environmental standards

(b) Water standards

(c) Food standards

(d) None


Question 3.The official committees that have estimated the number of people living in poverty in India are

  1. Y K Alagh committee
  2. D T Lakdawala committee
  3. Suresh Tendulkar committee

(a) 1, & 2

(b) 2 & 3

(c) 1 & 3

(d) 1, 2 & 3


Question 4.Consider the following statements with respect to the Build-Operate-Transfer (BOT) model  &  the Hybrid Annuity Model (HAM)

  1. BOT is conventional PPP model in which private partner is responsible to design, build &
  2. In the HAM the central government bears 40% of the project cost and the remaining amount is arranged by the developer.

(a) 1 only

(b) 2 only

(c) Both 1 & 2

(d) None


Question 5.Consider the following statements regarding novel coronavirus (COVID-19).

  1. The novel coronavirus disease that emerged in Wuhan, China, is now in at least 40 countries around the world, spanning every continent.
  2. It has been described as insidious.
  3. WHO has declared it as a Public Health Emergency of International concern.

Which of the above statements is/are correct?

(a) 1 & 3

(b) 2 & 3

(c)  1 & 2

(d) 1, 2 & 3


Click here to see answers and Explanation


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