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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2022 of 20th August 2022. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2022 & other competitive exams can make use of these Current Affairs Quiz.
1) Government of India has recently unveils ___________ platform for better industry and R&D collaboration.
(a) Azadi
(b) Mohatsav
(c) Bharat
(d) Bavani
(e) Manthan
2) Which of the following power producer in India has achieved 69454 MW of group installed and commercial capacity?
(a) National Thermal Power Corporation
(b) Power Grid Corporation of India
(c) Adani Power
(d) Tata Power
(e) JSW Energy
3) The portal NIDAAN or the National Integrated Database on Arrested Narco-offenders has been developed under which ministry?
(a) Ministry of AYUSH
(b) Ministry of Health and Family Welfare
(c) Ministry of Home Affairs
(d) Ministry of Chemicals and Fertilizers
(e) Ministry of Science and Technology
4) The central government has raised the thresholds for prosecutions and arrests under the Customs Act from ₹20 lakh for smuggling to _______ lakh
(a) ₹25 lakh
(b) ₹30 lakh
(c) ₹40 lakh
(d) ₹50 lakh
(e) ₹55 lakh
5) Which country becomes the first country in the world to make period products free for all?
(a) Scotland
(b) the United Kingdom
(c) the Republic of Ireland
(d) Norway
(e) Iceland
6) Which Mutual Fund launches 2 new fund offers (NFOs) on Electric & Autonomous Vehicles and AI themes?
(a) Tata Mutual Fund
(b) SBI Mutual Fund
(c) Sundaram Mutual Fund
(d) Quantum Mutual Fund
(e) Mirae Asset Mutual Fund
7) Which among the following Mutual Fund is scheduled to launch India’s first scheme Gold and Silver Exchange Traded Fund (ETF)?
(a) Edelweiss Mutual Fund
(b) HDFC Mutual Fund
(c) DSP Mutual Fund
(d) Axis Mutual Fund
(e) SBI Mutual Fund
8) NABARD Signs MoU with J&K Grameen Bank To Finance ________Joint Liability Groups (JLGs) in J&K & Ladakh region
(a) 100 JLGs
(b) 250 JLGs
(c) 500 JLGs
(d) 650 JLGs
(e) 700 JLGs
9) Bank of Baroda (BoB) & Ujjivan SFB introduce new deposit products named ‘Baroda Tiranga Deposit Scheme’. It is applicable on retail deposits of less than Rs ________ crore.
(a) Rs 1 crore
(b) Rs 2 crore
(c) Rs 3 crore
(d) Rs 4 crore
(e) Rs 5 crore
10) Indian Overseas Bank (IOB) launches a special variant of debit card – IOB Rupay Select Card’. Where the Head Quarters of IOB is located?
(a) Hyderabad
(b) Mumbai
(c) Chennai
(d) Lucknow
(e) Delhi
11) Which digital financial services company has made a partnership with Samsung stores to deploy smart PoS devices across India?
(a) PayTM
(b) PhonePe
(c) BharatPe
(d) Gpay
(e) Amazon Pay
12) ReNew Power raises $__________ billion through external commercial borrowings (ECB) for battery-enabled project?
(a) $1 billion
(b) $1.5 billion
(c) $2 billion
(d) $2.5 billion
(e) $3 billion
13) Shiprocket becomes India’s ________ unicorn which has raised $33.5 million co-led by Temasek and Light rock India.
(a) 101st
(b) 103rd
(c) 105th
(d) 106th
(e) 110th
14) As per the recent report India’s Oil Demand Will Rise By _________% in 2022
(a) 2.73%
(b) 3.73%
(c) 5.73%
(d) 7.73%
(e) 9.73%
15) India’s IT Secretary ______________ appointed to a high-level United Nation internet panel?
(a) Mr. G Jaya Lakshmi
(b) Mr. Alkesh Kumar Sharma
(c) Mr. Anirudh S Singh
(d) Mr. Anurag Goel
(e) Mr. Santosh Kumar Mall
16) Airtel shareholders re-appointments Mr. Gopal Vittal as MD & CEO for ________ years
(a) 1 year
(b) 2 years
(c) 3 years
(d) 4 years
(e) 5 years
17) Mastercard appoints 4 Indian badminton players as brand ambassadors. Who among the following is not on the list?
(a) Lakshya Sen
(b) Kidambi Srikanth
(c) Prannoy HS
(d) Chirag Shetty
(e) Satwiksairaj Rankireddy
18) Promoter BRDN Investment Management sells 5.6% stake in HDFC Asset Management Company (AMC) for Rs _______ crores
(a) Rs 1,300 crores
(b) Rs 1,500 crores
(c) Rs 1,800 crores
(d) Rs 2,100 crores
(e) Rs 2,300 crores
19) India & Which among the following country concludes a four-day bilateral air exercise named ‘Udarashakti’?
(a)Singapore
(b) Malaysia
(c) Vietnam
(d) Oman
(e) Egypt
20) Who became the first Indian woman Air force Pilot to bag the Vayu Sena medal prestigious award?
(a) Avani Chaturvedi
(b) Bhawana Kanth
(c) Mohana Singh
(d) Deepika Misra
(e) Sujitha Singh
21) Finance Minister Smt Nirmala Sitharaman internationally launched the book entitled “India’s vaccine growth story- from cowpox to vaccine maitry”. This book was written by whom?
(a) Sajjan Singh Yadav
(b) Nidhi Dugar Kundalia
(c) Sudeep Nagarka
(d) Nikita Singh
(e) Ira Trivedi
22) Which of the following Indian city recently confirms to host the FIBA U-18 women’s Asian Basketball Championship?
(a) Chennai
(b) Hyderabad
(c) Bengaluru
(d) Pune
(e) Bhubaneshwar
23) Which North Eastern State Sports Department is set to host the 2nd edition of the North East Olympics?
(a) Assam
(b) Arunachal Pradesh
(c) Manipur
(d) Nagaland
(e) Meghalaya
24) Kendra Sahitya Akademi awardee Narayan Passed away. He was a Popular novelist in which language?
(a) Tamil
(b) Malayalam
(c) Telugu
(d) Kannada
(e) Hindi
Answers :
1) Answer: E
The “Manthan” platform was announced by the Indian government to promote collaboration between businesses and academic institutions in the implementation of innovations and solutions with a social impact based on technology.
The launch of Manthan, a platform that will hopefully support our efforts to foster industry involvement in R&D, is also evidence of our dedication to the SDGs as set forth by the UN.
The launch honors India’s seventy-five years of independence and offers a chance to introduce the national and international public to India’s technological revolution.
2) Answer: A
NTPC Limited, India’s largest integrated energy company achieved 69454 MW of group installed and commercial capacity with the commissioning of 56 MW Kawas Solar PV Project at NTPC Kawas, Gujarat
NTPC is steadily lowering its carbon footprint by reducing greenhouse gas emissions through the installation of renewable energy projects in its existing stations as well as putting up green field RE projects.
The Company has planned 262 MW floating solar on over 1300 acres of its reservoir area by installing over 9,50,000 PV modules at its various stations out of which 242 Mega Watt has been commissioned.
3) Answer: C
First-of-its-kind database of arrested narcotics offenders has been made operational for use by various central and state prosecution agencies tasked to enforce anti-drugs laws in the country.
The portal–NIDAAN or the National Integrated Database on Arrested Narco-offenders–has been developed by the Narcotics Control Bureau (NCB).
It is part of the narcotics coordination mechanism (NCORD) portal that was launched by Union Home Minister Shri Amit Shah in Chandigarh during the national conference on ‘Drug trafficking and national security.
4) Answer: D
The government has raised the thresholds for prosecutions and arrests under the Customs Act to ₹50 lakh from ₹20 lakh for smuggling and illegal imports of goods in baggage and ₹1 crore to ₹2 crores for cases involving commercial fraud.
Customs duty refers to the tax imposed on goods when they are transported across international borders.
In simple terms, it is the tax that is levied on the import and export of goods.
Customs duty in India is defined under the Customs Act, of 1962, and all matters related to its fall under the Central Board of Excise & Customs (CBEC).
5) Answer: A
Scotland has become the first in the world to legally protect the right to access free period products with a new law, the Period Products (Free Provision) (Scotland) Act in November 2020.
The Scottish government already invested millions of pounds since 2017 to fund free period products in educational institutions
The bill, which was passed unanimously in 2020, was introduced by Scottish Parliament lawmaker Monica Lennon, who had campaigned against “period poverty”
6) Answer: E
Mirae Asset Mutual Fund has launched 2 new funds – Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund (FoF) and Mirae Asset Global X Artificial Intelligence and Technology ETF Fund of Fund.
These are the first such funds based on companies involved in future technology to be launched in India in the Mutual Fund Industry.
7) Answer: A
The asset management company (AMC) Edelweiss Mutual Fund is scheduled to launch India’s first scheme Edelweiss Gold and Silver Exchange Traded Fund (ETF) Fund of Fund (FoF) that offers exposure to gold and silver via a single fund on 24 August 2022.
The new fund offer for Edelweiss Gold and Silver ETF Fund of Fund (FoF) will close on 7 Sep 2022.
The fund managers for the scheme are Bhavesh Jain and Bharat Lahoti.
8) Answer: E
The J&K Regional Office National Bank for Agriculture and Rural Development (NABARD) signed a Memorandum of Understanding (MoU) on the promotion and financing of 700 Joint Liability Groups (JLGs) in the conference hall of NABARD, J&K Regional Office.
This is to enhance the flow of credit to tenant farmers/oral lessees/sharecroppers, SF/MF, etc & to meet the credit requirements of the lower strata of the society by formation and credit linkage of Joint Liability Groups (JLGs).
On behalf of NABARD, General Manager, Sandeep Sharma, and J&K Grameen Bank, Chairman, Sanjay Gupta, signed the MoU.
9) Answer: B
Bank of Baroda (BoB) has launched the ‘Baroda Tiranga Deposit Scheme’ – a special retail fixed deposit product offering interest rates of 5.75% for 444 days and 6% for 555 days is open till December 31, 2022.
It is applicable on retail deposits of less than Rs 2 crore.
Under the scheme, senior citizens will get an additional interest rate of 0.50%, while non-refundable deposits will get 0.15% additional interest.
10) Answer: C
The Chennai Head Quartered Indian Overseas Bank (IOB) Managing Director (MD) & Chief Executive Officer (CEO) Shri. Partha Pratim Sengupta has launched a special variant of debit card IOB Rupay Select Card that can be used for domestic and international payments.
Executive Directors Shri. Ajay Kumar Srivastava and Ms. S Srimathy, CVO Shri. R Balasubramanian was also presented.
The Card is designed to cater to HNI Customers with add-on freebies at Airport lounges, Gyms, Spa Clubs, etc.
11) Answer: A
Paytm, a digital financial services company has partnered with Samsung stores across India to enable smart payments and its loan service Paytm Post-paid through the deployment of point-of-sale devices.
The partnership will enable consumers purchasing Samsung devices laptops, smartphones, television, smart watches, etc from any authorized store in India to pay through Paytm payment instruments, including UPI, wallet, debit cards & credit cards buy now pay later scheme.
Paytm through its postpaid or buy-now-pay-later service will provide a credit limit of up to Rs 60,000 per month.
12) Answer: A
ReNew Power has raised a $1-billion project loan through external commercial borrowings (ECB), collaborating with 12 international banks for the finance.
It is the single largest project funding in Indian renewable energy.
ReNew has signed a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for this project, which will include wind and solar farms set up across Karnataka, Rajasthan, and Maharashtra.
The project will provide power to SECI at the rate of ₹2.90 per unit to begin with, which will increase by 3% annually for 15 years.
13) Answer: D
As the 106th unicorn in India, Shiprocket, a logistics technology platform backed by Zomato, raised $33.5 million (about Rs 270 crore) in a financing round co-led by Temasek and Light rock India.
Shiprocket was valued at roughly $1.2 billion after receiving fresh funding.
With over 66 million clients served annually, Shiprocket has tripled in size since its beginning in 2017.
It would be able to expand the capability of its operating system and strengthen its fulfillment and same-day delivery capabilities with the help of the extra money.
14) Answer: D
The world’s fastest rate of growth in 2022 will be seen in India, where demand for petroleum products like gasoline and diesel would increase by 7.73 percent.
After increasing by 0.8 million b/d annually in May, India’s oil demand increased by a solid 0.7 million barrels per day (million b/d), or 16% year over year.
The increasing economic activity momentum in India, which has been accompanied by a loosening of COVID-19 limitations, supports the country’s expanding oil demand.
15) Answer: B
India’s Electronics and Information Technology Secretary Mr. Alkesh Kumar Sharma has been appointed to a panel of 10 eminent experts on internet governance in the United Nations (UN) by UN Secretary-General Antonio Guterres.
The panel includes Vint Cerf from the US, Hatem Dowidar from Egypt, Lise Fuhr from Denmark, Maria Fernanda Garza from Mexico, Toomas Hendrik Ilves from Estonia, and Maria Ressa from the Philippines & the USA, Karoline Edtstadler from Austria, Gbenga Sesan from Nigeria, Lan Xue from Chuba.
16) Answer: E
Bharti Airtel’s shareholders have reappointed Mr. Gopal Vittal as Managing Director (MD) & Chief Executive Officer (CEO) of Bharti Airtel for a period of 5 years with effect from Feb 1, 2023, to Jan 31, 2028.
He has been polled more than 97% of the total votes polled were in favor of the resolution.
Shareholders also approved a special resolution related to payment of remuneration to Vittal as managing director and CEO of the company, with 89.57% votes in favor and 10.42% against the proposal.
17) Answer: C
The American multinational financial services firm, Mastercard has appointed 4 Indian badminton players Lakshya Sen, Kidambi Srikanth, Satwiksairaj Rankireddy, and Chirag Shetty as brand ambassadors of Mastercard in India.
These new ambassadors will partner with Mastercard to spread awareness about the safety, security, and convenience of digital payments in India.
In the Thomas Cup 2022, Lakshya Sen & Kidambi Srikanth won the 1st & 2nd Men’s Single while Satwiksairaj Rankireddy & Chirag Shetty won the 1st doubles game.
18) Answer: E
Promoter BRDN Investment Management, formerly Standard Life Investments, divested its 5.58% stake in Housing Development Finance Corporation (HDFC) Asset Management Company (AMC) for a little over Rs 2,300 crore through an open market transaction.
The shares were divested at Rs 1,935.63 apiece, a discount from the closing price of Rs 1,956.15
The transaction size aggregated to Rs 2,303.4 crore.
19) Answer: B
The four-day air exercise ‘Udarashakti’ between the Indian Air Force (IAF) and the Royal Malaysian Air Force (RMAF) concluded in Malaysia.
Both the Air Forces flew seven aircraft in formation as part of the ceremony.
Ex Udarashakti would strengthen the long-standing partnership between the two Air Forces and expand their defense cooperation opportunities, increasing regional security.
The Su-30 MKI and C-17 aircraft from the Indian Air Force, while Su-30 MKM aircraft from the Malaysian force took part in the air exercise.
20) Answer: D
Wing Commander Deepika Misra, a pilot of the Indian Air Force, was conferred with the Vayu Sena medal, becoming perhaps the first woman to bag the prestigious award.
The government also conferred the Vayu Sena medal to Group Captain Rahul Singh and Group Captain Ravi Nanda for their respective roles during India’s Operation Devi Shakti, the evacuation mission launched to bring back Indians from Kabul after its takeover by the Taliban
She has been chosen for her role during a sortie under a disaster relief operation following flash floods in northern Madhya Pradesh.
21) Answer: A
Finance Minister Smt Nirmala Sitharaman internationally launched the book entitled “India’s vaccine growth story- from cowpox to vaccine maitry”.
The book is written by Dr. Sajjan Singh Yadav, who is currently posted as Additional Secretary in the Ministry of Finance.
The book traces India’s centuries-long journey as the torchbearer of the world in vaccine development and inoculations.
It has numerous stories of the birthing of various vaccines too.
22) Answer: C
Bengaluru will serve as the host city for the FIBA U-18 women’s Asian Basketball Championship from September 5 to 11, according to Dr. Narayanagowda, the Karnataka minister of sports and youth empowerment.
During the press conference, the minister, Dr. Narayanagowda, gave sporting equipment to the Indian men’s team traveling to Iran to compete in the FIBA U-18 Men’s Basketball Championship.
The FIBA U-18 women’s Asian Basketball Championship is set to take place at the Koramangala and Sree Kanteerava indoor stadiums.
23) Answer: E
Meghalaya is all set to host the upcoming 2nd edition of the North East Olympics from 30th October.
Meghalaya Department of Sports and Youth Affairs, and the North East Olympic Association were held last evening to finalize the list of sports disciplines.
The first edition of the Games was held in Manipur in 2018, with 12 disciplines.
In this edition, about 4,000 participants from eight North Eastern States will be competing in 18 disciplines at 13 venues spread across Shillong.
24) Answer: B
Popular Malayalam novelist and Kendra Sahitya Akademi awardee Narayan Passed away at the age of 82.
Narayan was born in 1940 in Kudayathur, Idukki district, Kerala.
He is often referred to as the first tribal novelist from Kerala in literary discourses.
