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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2022 of 11th & 12th December 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) International Mountain Day is observed on 11th December every year. What is the theme of International Mountain Day 2022?
(a) Sustainable mountain tourism
(b) Protecting mountain biodiversity
(c) Mountain minorities and indigenous peoples
(d) Mountain biodiversity
(e) Women move mountains
2) United Nations International Children’s Emergency Fund (UNICEF) foundation day is observed on which among the following day?
(a) December 08
(b) December 09
(c) December 10
(d) December 11
(e) December 12
3) Universal Health Coverage Day 2022 is observed on 12th December. The first healthcare system was established by a German named Chancellor Otto von Bismarck in which year?
(a) 1850
(b) 1875
(c) 1883
(d) 1891
(e) 1900
4) As per the recent report by the Government of India, It has extended the rooftop solar program which will run through _______________
(a) March 2023
(b)March 2024
(c)March 2025
(d) March 2026
(e)March 2027
5) As per the United Nations General Assembly (UNGA) Resolution on International Tax Cooperation Framework, which country submitted this resolution on behalf of a consortium of 54 African countries?
(a) Nigeria
(b) Namibia
(c) Ghana
(d) Angola
(e) Tanzania
6) SEBI releases a uniform format for OTC trades in non-convertible securities. The new guideline would come into force from ____________
(a) January 1, 2023
(b) March 1, 2023
(c) April 1, 2023
(d) October 1, 2023
(e) December 1, 2023
7) To strengthen and modernize the logistics infrastructure which bank has recently approved $250 mn policy-based loans?
(a) Asian Infrastructure Investment Bank (AIIB)
(b) Asian Development Bank (ADB)
(c) New Development Bank (NDB)
(d) World Bank
(e) Reserve Bank of India (RBI)
8) As per the Finance news, under the SAARC Currency Swap Framework, RBI signs currency swap agreements with which countries Monetary Authority?
(a) Myanmar
(b) Sri Lanka
(c) Maldives
(d) Bhutan
(e) Nepal
9) Free credit score platform Paisabazaar and which among the following Private sector bank ties to launch ‘Duet Credit Card’?
(a)DBS Bank
(b)RBL Bank
(c)CSB Bank
(d)KVB bank
(e)YES Bank
10) Recently, IndusInd Bank ties up with SV Credit Line for a co-lending agreement for ____________ crore loan for women borrowers
(a)₹100 crore
(b) ₹200 crore
(c) ₹300 crore
(d) ₹400 crore
(e) ₹500 crore
11) IDFC First Bank signed an MoU with _____________ at an event in Bangalore to promote the startup ecosystem for banking solutions
(a)NASSCOM
(b) ASSOCHAM
(c)Data Security Council of India
(d)FICCI
(e)Confederation of Indian Industry
12) As per the news, Asian Development Bank (ADB) approves $780 million in loans to expand which metro rail network in India?
(a) Bangalore Metro
(b) Chennai Metro
(c) Kochi Metro
(d) Delhi Metro
(e) Kolkata Metro
13) Which Indian Organisation has recently amended norms to bring in buying, and selling of mutual funds under insider trading rules?
(a)Reserve Bank of India
(b)National Association of Software and Service Companies
(c) Securities and Exchange Board of India
(d)Federation of Indian Chambers of Commerce & Industry
(e) National Payments Corporation of India
14) As per Forbes, Six Indian women are listed in the “World’s 100 Most Powerful Women”, What is the rank of Union Finance Minister Nirmala Sitharaman in the list?
(a) 10th
(b) 15th
(c) 24th
(d) 31st
(e) 36th
15) As per the recent Passport Index 2022 released by Arton Capital, India was placed ____________ position in the world’s top passport list for 2022.
(a) 51st
(b) 63rd
(c) 74th
(d) 87th
(e) 95th
16) Important Personality Dina Ercilia Boluarte Zegarra becomes the first female President of which among the following country?
(a)Peru
(b)Chile
(c) Bolivia
(d)Costa Rica
(e)Colombia
17) Union Sports minister Mr. Anurag Thakur announced that ______________ Khelo India Centers Are Scheduled to Open across the Nation By August 15
(a) 100
(b) 500
(c) 1000
(d) 1500
(e) 2000
18) As per the Sports news, Who among the following was named the 2022 World Athletes of the Year?
(a)McLaughlin-Levrone
(b) Mondo Duplantis
(c) Erriyon Knighton
(d) Both A and B
(e) Both B and C
19) Amar Singh Devanda from Air Warrior Corp places sixth in Taiwan’s 24-hour ultramarathon after running _______________.
(a) 201.47 kilometers
(b)202.47 kilometers
(c)203.47 kilometers
(d) 204.47 kilometers
(e)205.47 kilometers
20) “Miracles of Face Yoga” is the book released by the President of India which was written by whom?
(a)Pulapre Balakrishnan
(b)Jiwesh Nandan
(c)Mansi Gulati
(d)Vikram Seth
(e)Khushwant Singh
Answers :
1) Answer: E
International Mountain Day 2022 is observed on the 11th of December 2022.
The International Mountain Day 2022 theme set by the UN this year is “Women Move Mountains”.
Increasing climate variability, resulted in a lack of mountain agriculture, so a lot of men migrated elsewhere in search of alternative livelihoods.
Women have therefore taken on many tasks formerly done by men, yet mountain women are often invisible due to a lack of decision-making power and unequal access to resources.
In the United States, there was a tradition where students skip classes and visit the nearby mountains that surround them for recreation.
This is a kind of celebration in the United States.
The United Nations General Assembly declared the International Year of Mountains in 2002.
The U.N. establishes December 11 as International Mountain Day each year for the protection and sustainability of mountains.
Mountain Day is established and celebrated in Japan as a national holiday for people.
2) Answer: D
UNICEF Foundation Day 2022 is observed on the 11th of December 2022
UNICEF was created by the U.N. Relief Rehabilitation Administration in 1946 to provide relief funds for children and mothers affected by World War II with immediate aid.
In that same year, the U.N. General Assembly founded the United Nations International Children’s Emergency Fund (UNICEF) to further institutionalize post-war relief work.
UNICEF relies entirely on contributions from governments and private donors.
In 2019, UNICEF’s 137 government partners, along with intergovernmental organizations and inter-organizational arrangements, contributed $4.7 billion.
3) Answer: C
Universal Health Coverage Day 2022 is observed on the 12th of December 2022.
Universal Health Coverage day 2022 theme set by the WHO this year is “Build the world we want: A healthy future for all”.
The first healthcare system was established by a German named Chancellor Otto von Bismarck in 1883.
The insurance model, called the ‘Bismarckian system’, required everyone to have insurance for their medical expenses, which was similar to the current-day non-profit health-insurance companies.
Universal Health Coverage Day was originally promoted by the World Health Organization.
The World Health Organization is part of the United Nations and is responsible for international public health.
In December 2012, the United Nations General Assembly approved a resolution demanding countries to fast-forward universal healthcare progression.
4) Answer: D
The Rooftop Solar Program will now run through March 31, 2026, according to a statement from the central government.
The program’s subsidy will be accessible till the aim is currently attained.
The government has warned all residential customers not to pay any additional fees to any vendor on account of the National Portal application fee or any additional fees for net metering/testing that are not specified by the relevant distribution business.
The subsidy under the National Portal has been set at Rs 14,588 per kW (for a capacity of up to 3 kW) for the entire nation, and residential consumers are required to install rooftop solar plants from any one of the vendors registered by the relevant distribution firm of their locality.
The Ministry is carrying out Rooftop Solar Programme Phase-II, which offers CFA/subsidy to residential users for rooftop solar installation.
A National Portal was created to make the Program’s execution easier, and Prime Minister Modi officially unveiled it on July 30, 2022.
The National Portal now has access to the list of authorized vendors.
The National Portal does not charge for applications, and the individual distribution firms have set the costs associated with net metering.
5) Answer: A
The United Nations General Assembly (UNGA) has unanimously adopted a resolution to develop an international tax cooperation framework or instrument based on a UN intergovernmental process.
Nigeria submitted this resolution on behalf of a consortium of 54 African countries.
About UNGA resolution:
With this mechanism, emerging countries in Africa and Asia are expected to have a greater say in the formulation of global tax regulations.
The proposed UN framework on global tax cooperation will put an end to the Organisation for Economic Co-operation & Development’s 60-year role as the regulator of taxation across the world.
These rules were agreed upon in 2021 by 137 countries and jurisdictions under the OECD/G20 Inclusive Framework on BEPS.
Base erosion and profit shifting (BEPS) refers to corporate tax planning strategies used by multinationals to shift profits from higher-tax jurisdictions to lower/no-tax jurisdictions, thus eroding the tax base of the higher-tax jurisdictions.
6) Answer: A
Capital markets regulator Securities and Exchange Board of India (SEBI) has issued a uniform format for reporting over-the-counter (OTC) trades in listed non-convertible securities (NCS)
The new guideline would come into force from January 1, 2023.
The development comes after Sebi observed that information on OTC trades in listed non-convertible securities provided to the stock exchanges by the investors is incomplete and inaccurate.
About OTC:
OTC trades are generally trades executed between two market entities without others being aware of the price at which the transaction was effected.
Under the format, information about deal type whether brokered or direct – ISIN, listed or unlisted security, issuer name, coupon rate, issue description, traded price, traded yield, trade date and time, settlement date, settlement status, and reported trade executed on RFQ (Request For Quote) platform will have to be disclosed.
SEBI asked stock exchanges to monitor the compliance of the guideline and bring to the notice of the regulator periodically, discrepancies in reporting of OTC trades by investors.
7) Answer: B
The Asian Development Bank (ADB) approved a $250 million policy-based loan to support India’s wide-ranging reforms
Aim:
To strengthen and modernize the logistics infrastructure, improve efficiency, and lower the cost in the logistics sector.
Key Highlights:
The loan will finance the first subprogram of the ‘Strengthening Multimodal and Integrated Logistics Ecosystem’, which supports the government’s efforts to create a comprehensive policy, planning, and institutional framework at the federal, state, and city levels.
This will rationalize India’s high cost of logistics and reduce greenhouse gas emissions.
The program will help to strengthen supply chains by simplifying external trade logistics and domestic cargo movements, modernizing warehouses, improving business processes with integrated digital platforms, and stimulating private investments in the sector.
India’s recently approved National Logistics Policy and Prime Minister Gati Shakti-National Master Plan provide transformative institutional and regulatory frameworks for the holistic development of the logistics ecosystem in the country.
8) Answer: C
The Reserve Bank of India (RBI) has signed a Currency Swap Agreement with the Maldives Monetary Authority (MMA) under the SAARC Currency Swap Framework.
This is to provide swap support as a backstop line of funding for short-term foreign exchange liquidity requirements.
This agreement will enable the MMA to make drawals in multiple tranches up to a maximum of USD 200 million from the RBI.
RBI had signed a similar agreement to provide a $400 million currency swap facility to Sri Lanka in 2020.
About RBI:
Established: 1 April 1935
Headquarters: Mumbai, Maharashtra, India
Governor: Shaktikanta Das
Deputy governors: Mahesh Kumar Jain, M. Rajeshwar Rao, Michael Patra, and T. Rabi Shankar
About MMA:
Established: July 1, 1981
Location: Male, Maldives
Governor: Ali Hashim
The MMA is the central bank of the Republic of Maldives.
9) Answer: B
Digital marketplace for consumer credit and free credit score platform Paisabazaar and RBL Bank launched a new co-created credit card ‘Duet’.
About the Card:
Duet is a 2-in-1 product that meets two distinct consumer needs seamlessly.
It is a credit card that offers cashback on purchases and also a line-of-credit from RBL Bank that enables instant transfer of money into the bank account.
It will be part of Paisabazaar’s neo-lending product suite and will replace Paisa On Demand (PoD) credit cards on the platform.
The card provides a flat 1% cashback on all online and offline spending with no upper limit.
Duet is a lifetime free credit card from RBL Bank, with easy-to-understand direct cashback benefits.
About RBL Bank:
Founded: 1943
Headquarters: Mumbai, Maharashtra
MD & CEO: R Subramaniakumar
RBL Bank, formerly known as Ratnakar Bank, is an Indian private-sector bank.
10) Answer: E
The non-banking finance company SV CreditLine and the private sector lender IndusInd Bank have signed a co-lending collaboration for a ₹500 crore loan targeted solely towards women borrowers.
Key Highlights:
The agreement will help rural women access affordable loans which they could use for a wide range of economic activities such as agriculture, animal husbandry, trading, and local manufacturing, among others•
One of India’s biggest and most reputable non-banking financial companies is SV Creditline Limited (SVCL) established in 2010.
SVCL provides a variety of small credit facilities to women in the low-income segment with an annual household income of Rs. 125,000 in rural areas and Rs. 200,000 in urban areas.
11) Answer: A
IDFC FIRST Bank and the National Association of Software and Service Companies (NASSCOM) Centre of Excellence (COE) has partnered to grow the innovation ecosystem through an exclusive range of banking solutions.
A Memorandum of Understanding (MoU) was signed between IDFC FIRST Bank and NASSCOM COE appointing the Bank as a Preferred Banking Partner for startups, at an event in Bangalore, Karnataka attended by startup founders.
Key Highlights:
IDFC FIRST Bank will offer its curated products and solutions for startups including Zero Balance Startup Current Accounts, uniquely designed Working Capital solutions for pre-profit startups, and Business Credit Cards for Startups.
The Bank will offer tailored financial products to support innovation and entrepreneurship.
NASSCOM COE and IDFC FIRST Bank will collaborate across a range of initiatives such as Investor Connect, knowledge-sharing sessions, and tech conclaves to engage with the startup community extensively.
12) Answer: B
The Asian Development Bank (ADB) approved a $780 million multi-tranche financing facility (MFF) to build new lines and improve the connectivity of the metro rail system at Chennai, the capital of India’s Tamil Nadu, with the city’s existing bus and feeder services.
The project will expand Chennai’s metro rail system to provide a safe and integrated transport solution essential to improving urban mobility and making the city more liveable.
Key Highlights:
The project will construct 10.1 km of an elevated section between Sholinganallur to State Industries Promotion Corporation, including 9 metro stations and system components; 10 km of the underground section between Lighthouse and Meenakshi College including 9 stations.
It also includes 31 km of system components, such as electrical, mechanical, power, and telecommunication infrastructure, between Chennai Mofussil Bus Terminus to Okkiyam Thoraipakkam.
ADB will provide an additional $1 million technical assistance (TA) grant to help the Chennai Metro Rail with the planning and management of the metro system’s multimodal integration.
13) Answer: C
The Securities and Exchange Board of India (SEBI) has amended norms to bring buying and selling of mutual fund units under the ambit of insider trading rules.
At present, insider trading rules apply to dealing in securities of listed companies or those proposed to be listed, when in possession of Unpublished Price Sensitive Information (UPSI).
The units of mutual funds are specifically excluded from the definition of securities under the rules.
Key Highlights:
Asset management companies (AMCs) will have to disclose the details of holdings in the units of their mutual fund schemes, on an aggregated basis, held by the AMC, trustees, and their immediate relatives on the platform of stock exchanges.
It has prescribed a minimum standard of code of conduct for designated persons in line with provisions of existing insider trading rules.
The compliance officer of the AMC would determine the closure period during which a designated person cannot transact in units of the mutual fund.
The proposal to bring MF units under insider trading regulations was first mooted by the Sodhi Committee in 2013. However, the regulator decided to exclude these when the regulations came into force in 2015.
14) Answer: E
Six Indians made it onto Forbes’ annual list of “The World’s 100 Most Powerful Women,” including Finance Minister Smt Nirmala Sitharaman, Biocon Executive Chairman Kiran Mazumdar-Shaw, and Nykaa Founder Falguni Nayar.
Nirmala Sitharaman, who is ranked number 36, has appeared on the list four times running.
The 63-year-old minister was rated 37th on the list in 2021; in 2020 and 2019, she held the 41st and 34th positions, respectively.
The list includes 39 CEOs, 10 heads of state, and 11 billionaires worth a total of $115 billion, including HCLTech Chairperson Roshni Nadar Malhotra (rank: 53), Securities And Exchange Board Of India (SEBI) Chairperson Madhabi Puri Buch (rank: 54), and Steel Authority Of India Chairperson Soma Mondal (rank: 67).
European Commission President Ursula von der Leyen tops the 19th annual Forbes list of the World’s 100 Most Powerful Women for her leadership throughout the Ukraine war and her handling of the Covid-19 outbreak.
While European Central Bank President Christine Lagarde is ranked second, US Vice President Kamala Harris is ranked third.
Iran’s Jina “Mahsa” Amini, ranked 100, has made the influential list posthumously.
Her death in September ignited an unprecedented women-led revolution in the Islamic nation demanding their rights.
15) Answer: D
The Passport Index 2022, produced by Arton Capital, assessed the world’s strongest and weakest passports.
A passport is a travel document issued by a country’s government to its inhabitants that certifies the holder’s identity and nationality for international travel.
India was placed 87th in the world’s strongest passport list.
The UAE boasts the world’s most powerful passport.
This passport allows holders to travel to 180 countries visa-free or with a “visa on arrival.”
According to the ranking, visitors with a UAE passport can access 180 countries without difficulty, which is seven more than European countries such as Germany and Sweden and nine more than Japan.
In the list of the world’s strongest passports, India was rated 87th.
Afghanistan (38) Syria (39) Iraq (40), and Pakistan have the weakest passports (44).
The European Union issues nine of the top ten most powerful passports.
Germany, Sweden, Finland, Luxembourg, Spain, and France all rank in the top ten.
16) Answer: A
Vice President of Peru, Dina Ercilia Boluarte Zegarra was sworn in as the new president of Peru after her predecessor, Pedro Castillo, was impeached by Congress following his attempt to dissolve the legislative body.
Dina Boluarte is the first woman to hold office in the country’s 200 years of independence after Congress ousted former president Pedro Castillo.
She is the first female president in Peru’s history and the 6th Peruvian president in less than 5 years.
She served as the 64th president of Peru from 7 December 2022.
About Dina Boluarte:
Dina Boluarte is a Peruvian lawyer and politician.
She served as a National Registry of Identification and Civil Status (RENIEC) official from 2007 until 2022.
In 2021, she was appointed minister of development and social inclusion in the government of Pedro Castillo.
Boluarte, who speaks Spanish and Quechua, was a member of Perú Libre
About Peru:
President: Dina Boluarte
Prime Minister: Betssy Chavz
Capital: Lima
Currency: Sol
17) Answer: C
Mr. Anurag Thakur, the minister of youth affairs and sports, stated that 1,000 Khelo India centres will be operational nationwide by August 15th, 2023.
He continued by saying that 733 of these 1,000 centres have already received approval.
Mr. Thakur claimed that India has performed better than in the past at both the Olympics and the Paralympics in Tokyo.
He claimed that India had also done well at the Deaf Olympics.
The Minister mentioned Khelo India and the efforts made by the government to alter public perceptions of sports.
He claimed that the Khelo India games have provided amateur athletes with a stage on which to perform in front of the entire country.
According to the minister, the Ministry of Youth Affairs and Sports’ budget has climbed from Rs 1,219 crore in 2014 to Rs 3,062 crore for the upcoming fiscal year 2022–23, or nearly three times as much.
Thakur highlighted some of India’s greatest sporting victories that have occurred since the 2014 election of the Modi administration.
18) Answer: D
The World Athlete of the Year honours went to Swedish pole vaulter Mondo Duplantis and American world champion hurdler Sydney McLaughlin-Levrone.
McLaughlin-Levrone twice broke the women’s 400-meter hurdles world mark, and Duplantis accomplished three new world records this year.
Duplantis, a Swede of American descent, won the prize for the second time in three years in 2022 after setting three world records, winning the men’s world indoor title in March and taking home the world outdoor gold in July.
Adriana Vilago of Serbia and Erriyon Knighton of America were chosen winners of the World Athletics’ Rising Star of the Year award.
Vilago placed in the top three of 15 javelin tournaments in 2022.
She earned gold at the Mediterranean Games and the World U20 Championships in addition to silver at the Munich multisport European Championships.
19) Answer: D
The Chinese Taipai Association’s 24-hour ultramarathon saw Air Warrior Cpl Amar Singh Devandar finish in sixth place after running 204.47 kilometers.
In 510 laps (400 meters each), he completed the stadium in 24 hours.
At Soochow University in Taiwan, the Chinese Taipai Association of Ultrarunners organized the 24-Hour Ultramarathon for the year 2022.
India was represented at the competition by Cpl Amar Singh Devanda. 31 runners in total, 21 men and 10 women, from 5 different countries, took part in the race.
During the Asia-Oceania 24 Hrs Championship 2022 in Bengaluru, Cpl Amar set a new national record by traveling 257.618 kilometers on July 3, 2022.
He was the captain of the Indian squad that won the championship.
20) Answer: C
Solution:The president of India, Droupadi Murmu, has praised Mansi Gulati, the founder of Manasvani, for her book, “Miracles of Face Yoga.”
Mansi Gulati, a well-known author, thought leader, and international yogi, committed herself to learn as much as she could about the theory and practices of yoga.
She has used a variety of resources to further her knowledge and abilities during her educational journey.
Mansi has over 25 years of yoga expertise as well as numerous national and international certifications.
She has penned numerous books and articles on the concept of yoga and how a variety of Asanas may be beneficial for diverse body types.
About The Book:
This book presents the idea of “face yoga,” a facial workout that is done naturally in addition to other yoga poses.
Additionally, facial yoga helps relieve stress and revitalize your body.
Stress and tension are released from the face and neck through face yoga poses.
