Latest and Important Current Affairs Questions 2021 - May 03

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NEW Latest and Important Current Affairs Questions 2021

Questions related to general knowledge are asked in almost all competitive examinations conducted by the government, which all students find quite difficult. If you are also preparing for the service tests like SSC CGL, CHSL, Steno, JE, GD, MTS, then the important questions and answers given in this article will help you clear your exam.

I have prepared the Important Current Affairs Questions 2021 (May 03rd) to increase your General Knowledge level as well as increase your confidence level for competitive exams. 

To get previous day questions about current affairs to click on GK Current Affairs. 

Students can easily get free general knowledge questions on this platform for online exam practice  to obtain good marks in the competitive exams. Current Affairs Mock Test and Monthly Current Affair.

Latest and Important Current Affairs Questions 2021   

Q :  

The finance ministry has decided to give how much amount to States as interest-free 50-year loan for spending on capital projects?

(A) Rs.15000 cr

(B) Rs.16000 cr

(C) Rs.11000 cr

(D) Rs.12000 cr

Correct Answer : A

Q :  

How many Indian Naval ships have been deployed under Operation 'Samudra Setu II' to bring medical oxygen cylinders and associated medical equipment from various countries to India?

(A) 5

(B) 9

(C) 11

(D) 7

Correct Answer : D

Q :  

As per the Brand Finance Insurance 100 report for 2021, which company has topped as the world's most valuable insurance brand?

(A) Ping An Insurance

(B) China Life


(D) Allianz

Correct Answer : A

Q :  

When is International Workers' Day commemorated?

(A) April 30

(B) Last Friday of April

(C) First Saturday of May

(D) May 1

Correct Answer : D

Q :  

Which bank has launched the digital and contactless banking platform Merchant Stack?

(A) YES Bank

(B) SBI Bank

(C) ICICI Bank


Correct Answer : C

Q :  

As per the report, India needs how much amount to fight climate change?

(A) 150 billion

(B) 250 billion

(C) 400 billion

(D) 350 billion

Correct Answer : C

Q :  

How much amount was released by the central government for State Disaster Response Fund to all States for COVID-19 containment measures?

(A) Rs.8800 cr

(B) Rs.7686 cr

(C) Rs.8758 cr

(D) Rs.8873 cr

Correct Answer : D

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    Rajesh Bhatia

    A Writer, Teacher and GK Expert. I am an M.A. & M.Ed. in English Literature and Political Science. I am highly keen and passionate about reading Indian History. Also, I like to mentor students about how to prepare for a competitive examination. Share your concerns with me by comment box. Also, you can ask anything at

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