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Current Affairs Quiz Today – 27th March 2021

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Current affairs quiz today – 27th March 2021.
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Results

#1. The Tigray region, recently in news, is located in which country?

ANS: (A) Ethiopia

#2. Consider the following statements with respect to the SVEEP Program:

1. It is the flagship program of the Election Commission of India.

2. The program has been launched to tackle the menace of paid news and fake news during elections.

Which of the given statement/s is/are correct?

ANS: (A) 1 only

Explanation:

  • Systematic Voters’ Education and Electoral Participation program, better known as SVEEP, is the flagship program of the Election Commission of India for voter education, spreading voter awareness and promoting voter literacy in India.
  • SVEEP’s primary goal is to build a truly participative democracy in India by encouraging all eligible citizens to vote and make an informed decision during the elections.

#3. Consider the following statements with respect to Electoral Bonds:

1. While the buyer of the Electoral bonds must fulfil KYC norms, electoral bonds don’t carry the name of the buyer.

2. Electoral bond can be received only by a registered political party that has secured at least 1 per cent vote in the last general election to an Assembly or Parliament.

3. They do not carry interest rate and cannot be traded in the secondary market.

Which of the given statement/s is/are correct?

ANS: (A) 1, 2 and 3

Explanation:

All the statements are correct.

  • While the buyer of the Electoral bonds must fulfil KYC norms, electoral bonds don’t carry the name of the buyer.
  • The bonds are issued by the SBI in denominations of Rs 1,000, Rs 10,000, Rs 1 lakh, Rs 10 lakh and Rs 1 crore.
  • Political parties registered under Section 29A of the Representation of the People Act, 1951, which have secured not less than 1% of the votes in the last general election to an Assembly or Parliament, are eligible to open current accounts for the redemption of electoral bonds.
  • They do not carry interest rate and can’t be traded in the secondary market.

#4. The ‘World Development Report 2021:Data for Better Lives’ is published by which of the following?

ANS: (A) World Bank

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