Which country will start generating power from its mega-dam on the Blue Nile on Feb 20, 2022?
- A. Sudan
- B. Egypt
- C. Ethiopia
- D. Nigeria
Correct Answer: C. Ethiopia
Ethiopia started on Sunday, Feb 20, 2022, generating electricity from the controversial mega-dam that is being built on the Blue Nile, when one of the 13 turbines of the dam started power generation in an event officiated by Prime Minister Abiy Ahmed. The dam, which will have a total power generating capacity of 6,500 megawatts, has been a source of tensions between Ethiopia and the other riparian states, Sudan and Egypt
Correct Answer: D. USA
The US regulators have shut down Silicon Valley Bank (SVB) and take control of its customer deposit in the largest failure of a US bank since 2008. The firm, which was a key tech lender, was scrambling to raise money to plug a loss from the sale of assets affected by higher interest rates. Silicon Valley Bank faced inadequate liquidity and insolvency.
Correct Answer: B. Magnus Carlsen
Norwegian grandmaster Magnus Carlsen created a unique feat when he won both the World Rapid and World Blitz chess titles in Almaty. The 32-year-old became the holder of all three world chess championship titles – in Classical, Rapid and Blitz – for the third time in his career. As of 2022, no other player has ever won both the Rapid and Blitz titles in the same year.
Correct Answer: C. India
The ‘Climate Transparency Report 2022’ was released by a partnership of climate analysis organizations in G20 countries. As per the report, the countries most affected by income losses in these sectors were India (5.4% of GDP), Indonesia (1.6% of GDP), and Saudi Arabia (1% of GDP). Losses to earnings from heat-related labor capacity reduction were the highest in services, manufacturing, agriculture, and construction.
Correct Answer: B. New York
In a world’s first, the New York state legislature has passes the “right to repair” bill that will require digital electronics manufacturers to make parts, tools, information, and software available to consumers and independent repair shops.
Correct Answer: B. 10th July 2020
The 2020 General Elections of Singapore was conducted on 10th July 2020 for its 105 seats unicameral Parliament (93 members are elected through the Election). The People’s Action Party (PAP) has won 83 seats, securing 61.24 percent of the total valid votes. With this win, Lee Hsien Loong will continue as the Prime Minister of Singapore.
Correct Answer: D. Saudi Arabia
The second Extraordinary G20 virtual Trade and Investment Ministerial Meeting were held under the presidency of Saudi Arabia on May 14, 2020. The meeting was chaired by the Saudi Minister of Commerce, Dr. Majed Al-Qasabi, and joined by the Minister of Investment, Khalid Al-Falih. This meeting, the ministers agreed to work on ensuring the flow of vital medical supplies and other essential goods across borders. Ministers will also discuss the “G20 Actions to Support World Trade and Investment through the COVID-19 Pandemic” developed by the TIWG.