on 17-Jan-2021 (Sun)

Question

Question 1: What is the term of office of a Vigilance Commissioner in Central Vigilance Commission (CVC)? (a) Five years (b) Six years (c) Three years (d) Four years

Answer

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Question

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Answer

Answer: Four years Answer Explanation: On recommendation of K. Santhanam committee, the Central Vigilance Commission was set up by the Government in 1964, to exercise general superintendence and control over vigilance administration. Recently, Former Andhra Bank MD & CEO Suresh N. Patel was appointed as a Vigilance commissioner in CVC. As per the Central Vigilance Commission Act 2003, there shall be a Central Vigilance Commissioner as the Chairperson and not more than two Vigilance Commissioners as Members. The term of office of the Central Vigilance Commissioner and the Vigilance Commissioners would be four years from the date of entering office or till they attain the age of 65 years, whichever is earlier

Question

Question 2: Which country is the largest borrower of Asian Development Bank, as of 2020? (a) China (b) India (c) Pakistan (d) Philippine

Answer

Answer: India Answer Explanation: India is the largest borrower of Asian Development Bank and the fourth largest shareholder of ADB. The institution has approved nearly $30 billion to India. Recently, the Asian Development Bank has announced a $1.5 billion Covid-19 package for India to help funding the country’s response to tackle Covid-19. This is a part of the Covid Support program of ADB, under which the lender has provided nearly $20 bn to the Asian countries to revamp their economies.