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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2022 of 12th July 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) World Malala Day 2022 is observed on July 12. She won the Nobel Peace Prize at the age of ______________
(a) 15
(b) 16
(c) 17
(d) 18
(e) 20
2) Prime Minister Shri Narendra Modi will deliver the first Arun Jaitley Memorial Lecture (AJML) at which state or Union Territory?
(a) Ladakh
(b) Punjab
(c) Haryana
(d) Delhi
(e) Maharashtra
3) As per the Union Minister for Housing & Urban Affairs National Capital Region Planning Board’s geo-portal named ____________ is now accessible to the public
(a) Viruman
(b) Pariman
(c) Ayushman
(d) Thiruman
(e) Regiman
4) Internet exchanges launched in Durgapur and Bardhaman of which state by the National Internet Exchange of India?
(a) West Bengal
(b) Sikkim
(c) Meghalaya
(d) Odisha
(e) Jharkhand
5) Recently __________ edition of the India-Armenia Intergovernmental Commission on Trade, Economic, Scientific and Technological, Cultural and Educational Cooperation (IGC) was held in Yerevan
(a) 5th
(b) 8th
(c) 9th
(d) 11th
(e) 1st
6) 6 Indian States signed a declaration of intent to combat human trafficking. Which is not one among those states?
(a) Tamil Nadu
(b) Andhra Pradesh
(c) Telangana
(d) Maharashtra
(e) Odisha
7) Odisha state government recently presents Rs ___________lakh crore budget for the Financial Year 2022 – 2023
(a) Rs 1 lakh crore budget
(b) Rs 1.5 lakh crore budget
(c) Rs 2 lakh crore budget
(d) Rs 2.5 lakh crore budget
(e) Rs 3 lakh crore budget
8) Government of India keeps interest rates on small savings schemes unchanged for ____________ quarter in a row
(a) 5th quarter
(b) 9th quarter
(c) 10th quarter
(d) 11th quarter
(e) 12th quarter
9) Finance Minister Nirmala Ms. Sitharaman chairs the 47th meeting of the GST Council in which place?
(a) Chennai
(b) New Delhi
(c) Mumbai
(d) Chandigarh
(e) Ranchi
10) As per the recent report released by Reserve Bank of India Bank Deposit Growth Moderates To ______________% on Year In March 2022
(a) 5%
(b) 10%
(c) 15%
(d) 18%
(e) 20%
11) Which among the bank and Karnataka Digital Economy Mission (KDEM) partners to offer collateral-free loans to startups in Karnataka?
(a) State Bank of India
(b) Karnataka Bank
(c) Canara Bank
(d) Union Bank of India
(e) Kotak Mahindra bank
12) Recently Reserve Bank of India (RBI) clears the payment aggregator license for which among the following Payment aggregators?
(a) Razorpay
(b) Pine Labs
(c) Stripe
(d) Both A and B
(e) All A, B, and C
13) The Asian Infrastructure Investment Bank (AIIB) to establish an Interim Operational Hub in which country?
(a) UAE
(b) Saudi Arabia
(c) France
(d) the US
(e) the UK
14) Which among the following Indian Public Sector banks has recently launched Metaverse Lounge and Open Banking Sandbox Environment?
(a) State Bank of India
(b) Punjab National Bank
(c) Bank of Baroda
(d) Canara Bank
(e) Union Bank of India
15) Which Private Sector Bank in India partners with Shriram General Insurance for the distribution of insurance products?
(a) IDBI Bank
(b) City Union Bank
(c) HDFC BANK
(d) ICICI Bank
(e) Bandhan Bank
16) Axis bank signs MoU with Indian Air Force to manage salary accounts under its initiative named ___________
(a) Power Force
(b) Power Fly
(c) Power March
(d) Power Air
(e) Power Salute
17) Which Mutual Funds company in India tie-up with CAMSPay to launch the UPI AutoPay facility for Systematic Investment Plan (SIPs)?
(a) SBI Mutual Fund
(b) Tata Mutual Fund
(c) HDFC Mutual Fund
(d) DSP Mutual Fund
(e) Axis Mutual Fund
18) Reserve Bank of India imposes restrictions and withdrawal caps on 4 Co-Operative banks under which Act?
(a) Reserve Bank of India Act, 1934
(b) Banking Regulation Act, 1949
(c) Payment and Settlement Systems Act, 2007
(d) Prevention of Money Laundering Act, 2002
(e) SARFAESI Act, 2002
19) The Reserve Bank of India (RBI) has recently penalizes _____________ and ____________ for violating regulations
(a) Federal Bank & South Indian Bank
(b) ICICI Bank & HDFC BANK
(c) Bank of India & YES Bank
(d) Federal Bank & Bank of India
(e) Bank of India & HDFC BANK
20) Who has been recently appointed as the 7th President of the International Fund for Agricultural Development (IFAD)?
(a) Mr. Gilbert Houngbo
(b) Mr. Ajimar Fernando
(c) Mr. Bhusan Pandit
(d) Mr. Alvaro Lario
(e) Mr. Sharuk Aslam
21) Mr. Brajesh Kumar Upadhyay is in the news he has been appointed as the Chairman & Managing Director (CMD) of which shipyard?
(a) Mazagon Dock Limited, Mumbai.
(b) Cochin Shipyard Limited, Kochi.
(c) Garden Reach Shipbuilders and Engineers, Kolkata.
(d) Hindustan Shipyard Limited, Visakhapatnam.
(e) Goa Shipyard Limited.
22) As per the report released by NITI Aayog Green Hydrogen Is Critical to India’s Economic Development and Net-Zero Ambitions by which year?
(a) 2030
(b) 2050
(c) 2055
(d) 2060
(e) 2070
23) Which states emerged as the top States in the 1st Edition of ‘State Ranking Index for NFSA’ 2022?
(a) Odisha
(b) Uttar Pradesh
(c) Andhra Pradesh
(d) Both A and B
(e) All A, B, and C
24) Who among the following has won the Men’s Single title in Malaysia Open Badminton Tournament 2022?
(a) Viktor Axelsen
(b) Takuro Hoki
(c) Yugo Kobayashi
(d) Zheng Siwei
(e) Rafael Nadal
25) 36th National Games to be held in which state from Sep 27 to Oct 10?
(a) Maharashtra
(b) Gujarat
(c) Punjab
(d) Haryana
(e) Karnataka
26) Serbia Novak Djokovic defeated Nick Kyrgios to win his ________ Men’s Single Title in Wimbledon
(a) 5th Title
(b) 6th Title
(c) 7th Title
(d) 9th Title
(e) 10th Title
27) Jose Eduardo dos Santos Passes away. He was the former president of which country?
(a) Angola
(b) Mozambique
(c) Namibia
(d) Zambia
(e) Zimbabwe
Answers :
1) Answer: C
On July 12th, World Malala day 2022 is celebrated and observed all over the world as an honoring event.
The 12th of July has been designated as World Malala Day by the UN in honor of the teenage activist Malala Yousafzai.
Malala Day, which honors women’s and children’s rights all around the world, is observed on the anniversary of Malala Yousafzai’s birth.
Malala, who won the Nobel Peace Prize at the age of 17, was the prize’s youngest-ever winner.
2) Answer: D
Prime Minister Shri Narendra Modi will deliver the first Arun Jaitley Memorial Lecture (AJML) at Vigyan Bhavan in Delhi
He will also address the crowd at various points during the event.
The opening keynote address of the first AJML will be delivered by Tharman Shanmugaratnam, Senior Minister, Government of Singapore, on the theme “Growth through Inclusivity, Inclusivity through Growth.”
Arvind Panagariya and OECD Secretary-General Mathias Cormann will take part in a panel discussion following the presentation (Professor, Columbia University).
3) Answer: B
Shri Hardeep Singh Puri, Chairman of the NCRPB and Union Minister for Housing & Urban Affairs, introduced the “PARIMAN” geo-portal for the NCR during the 40th meeting of the Board on August 31, 2021.
A web geo-portal has been created by National Informatics Centre (NIC) to utilize remote sensing and GIS technology effectively.
It was initially created for use by the participating States of the National Capital Region (NCR) and the National Capital Region Planning Board (NCRPB) office.
4) Answer: A
Two new Internet Exchange Points (IXP) of the National Internet Exchange of India (NIXI) were opened in Durgapur and Bardhman in West Bengal by Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, Skill Development & Entrepreneurship, Government of India.
In the presence of S. S. Ahluwalia, Member of Parliament for Bardhaman-Durgapur Lok Sabha, in keeping with Prime Minister Narendra Modi’s Digital India vision to connect every Indian.
It is within the Ministry of Electronics and Information Technology’s (MeitY)1000-day plan
5) Answer: B
The 8th session of the India-Armenia Intergovernmental Commission on Trade, Economic, Scientific and Technological, Cultural and Educational Cooperation (IGC) was held in Yerevan, Armenia.
The Indian delegation was led by Secretary (West), Shri Sanjay Verma.
Foreign Minister H.E. Mr. Ararat Mirzoyan led the Armenian delegation.
At the IGC, both sides discussed and reviewed the current state of cooperation in diverse fields such as trade, investments, health, tourism, infrastructure, culture, connectivity, information technology, agriculture, fintech, and education.
6) Answer: D
Women and Child welfare representatives from 6 Indian states Andhra Pradesh, Karnataka, Kerala, Odisha, Tamil Nadu, and Telangana signed an Inter-State Declaration of Intent to work in collaboration to combat trafficking in persons.
The first-of-its-kind agreement focuses on joint efforts on intelligence gathering and sharing; legal and witness protection; and rehabilitation and care for survivors.
The declaration will be called the ‘Hyderabad Declaration’.
7) Answer: C
Odisha’s Finance Minister Niranjan Pujari presented the State Budget with Rs 2-lakh crore total outlay for FY 2022-2023 in the Assembly with a focus on strengthening infrastructure, developing education, and health sectors, and improving the livelihoods of people.
The estimated outlay for the current financial year is the “highest” in the history of the state budget and is around 17.6 percent more than the Rs 1.7 lakh crore allocated for the last fiscal.
Over the last 22 years, there has been a 17-fold increase in the size of the state budget.
8) Answer: B
The Central Government kept interest rates on small savings schemes, such as the Public Provident Fund (PPF) and National Savings Certificate (NSC), unchanged for July 1, 2022, to September 30, 2022 quarter of FY23 amid high inflation and rising interest rate.
In the second quarter of this fiscal, Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to have an annual interest rate of 7.1 percent and 6.8 percent, respectively.
This is the ninth quarter in a row that small savings interest rates have not changed.
9) Answer: D
The 47th Goods and Services Tax (GST) Council met under the Chairmanship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman, in Chandigarh.
The GST rate changes will be made effective from July 18, 2022.
The two-day meeting of the GST Council will be attended by the Minister of State for Finance Pankaj Chaudhary, Finance Ministers of States and Union Territories, and Senior officers from Union Government and States.
10) Answer: B
As per the latest data released by the Reserve Bank of India (RBI), the share of current account and savings account (CASA) deposits in total deposits has been increasing over the years and stood at 44.8% in March 2022 as compared with 41.7% three years ago.
These low-cost deposits accounted for 60.9% and 55.6% of incremental deposits during 2020-21 and 2021-22, respectively.
Bank deposit growth moderated to 10% in March 2022 as compared with 11.9% a year ago.
Current savings and term deposits increased by 10.9%,13.3%, and 7.9% respectively during 2021-22.
11) Answer: A
State Bank of India (SBI) and Karnataka Digital Economy Mission (KDEM) signed a Memorandum of Understanding (MoU), which would enable SBI to open India’s first dedicated branch for startups in Koramangala, Karnataka.
As per the MoU, the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) will be utilized by the SBI to provide collateral-free loans of up to Rs 2 crore to startups recognized under KDEM’s Elevate program.
The emphasis is to ELEVATE Winners and to AIF-supported start-ups of Karnataka.
12) Answer: E
The Reserve Bank of India (RBI) gave payment aggregator (PA) and payment gateway (PG) licenses in principle to Razorpay, Pine Labs, and American payments player Stripe.
The companies have become the first players to receive such a license.
Payment aggregators are entities that enable e-commerce sites and merchants to accept various payment instruments from customers for completion of their payment obligations, without the need for merchants to create a separate payment integration system of their own.
13) Answer: A
The Asian Infrastructure Investment Bank (AIIB), in which India is the second-largest shareholder after China, has approved the establishment of an Interim Operational Hub, its first overseas office in Abu Dhabi, United Arab Emirates (UAE), pending formal agreement to be finalized.
The hub will provide AIIB with a robust platform to enable effective supervision of its growing investment portfolio, and strengthen its project monitoring and implementation services across the globe.
14) Answer: E
Union Bank of India (UBI) has announced the launch of Uni-verse, the bank’s Metaverse Virtual Lounge & Open Banking Sandbox environment at an event held in Mumbai, Maharashtra.
With this launch, UBI has become the first Indian Bank to open a virtual shop for Publicity.
This initiative was launched in partnership with Tech Mahindra.
15) Answer: B
Private sector lender City Union Bank (CUB) signed a corporate agency agreement with Shriram General Insurance to distribute the latter’s insurance products through its network of branches across India.
Under the agreement, Shriram General Insurance will offer personal insurance products such as motor, personal accident, home, and travel along with commercial ones such as property, marine, and engineering to the bank’s customers.
16) Answer: E
One of India’s leading private sector banks, Axis Bank has signed a Memorandum of Understanding (MoU) with the Indian Air Force (IAF) to manage salary accounts of the defense personnel with best-in-class benefits and features under its ‘Power Salute’ initiative.
The signing ceremony was held at Air Force Headquarters, with the I.A.F, represented by Air Vice-Marshal Ashok Saini, in the presence of Air Chief Marshal, V R Chaudhari, and Axis Bank representatives Reynold D’ Souza, Executive Vice President, and Lt Col M.K Sharma, National Accounts Head.
17) Answer: B
Tata Mutual Fund has teamed up with Computer Age Management Services Limited CAMSPay to introduce Unified Payments Interface (UPI) Autopay for immediate Systematic Investment Plan (SIPs).
Using this, investors in mutual funds can use their virtual payment address (VPA)/UPI handle to mandate an Autopay facility for their Systematic Investment Plan (SIP) contributions.
The inclusion of the UPI Autopay option makes the process smoother and may increase investors’ willingness to invest.
18) Answer: B
The Reserve Bank of India (RBI) has imposed various restrictions on 4 cooperative banks Ramgarhia Co-operative Bank, New Delhi; Sahebrao Deshmukh Co-operative Bank, Mumbai; Sangli Sahakari Bank, Mumbai; and Sharada Mahila Co-operative Bank Limited, Tumkur, Karnataka.
The Central bank has put restrictions under the Banking Regulation Act, 1949 for six months and it includes a cap on withdrawals for the depositors.
Further, a cap has also been imposed on withdrawals by depositors of these four cooperative banks.
19) Answer: D
The Reserve Bank of India (RBI) has imposed a monetary penalty on Federal Bank Limited and Bank of India & Dhani Loans and Services Ltd. for violating the provisions of its regulations.
A monetary penalty of Rs 5.72 crore has been imposed on Federal Bank Ltd for non-compliance with the provisions of ‘Reserve Bank of India (Financial Services provided by Banks) Directions, 2016’ issued by RBI.
A monetary penalty of ₹70 lakh has been imposed on the Bank of India for non-compliance with certain provisions of the ‘Reserve Bank of India (Know Your Customer (KYC)) Direction, 2016’ and circular instructions on ‘Compliance Function in Banks’ issued by RBI.
20) Answer: D
Mr. Alvaro Lario has been appointed as the 7th President of the International Fund for Agricultural Development (IFAD).
He will take office on October 1, 2022, for a four-year term.
He succeeds Mr. Gilbert Houngbo who has led the organization since 2017.
21) Answer: E
According to an order issued by the Department of Personnel and Training (DoPT), the Appointments Committee of the Cabinet has approved the appointment of Mr. Brajesh Kumar Upadhyay as Chairman & Managing Director (CMD) of Goa Shipyard Limited (GSL) for five years.
22) Answer: E
A new report titled Harnessing Green Hydrogen: Opportunities for Deep Decarbonisation in India provides a pathway to accelerate the emergence of a green hydrogen economy, which is critical for India to achieve its net-zero ambitions by 2070.
The report was co-authored by National Institution for Transforming India (NITI) Aayog and Rocky Mountain Institute (RMI).
23) Answer: A
Union Minister of Consumer Affairs, Food & Public Distribution, Textiles and Commerce and Industry, Shri Piyush Goyal released the First Edition of ‘State Ranking Index for NFSA’ during the conference of Food Ministers of States/UTs on ‘Food Nutrition and Security in India’ organized by Department of Food and Public Distribution.
Ranks and scores obtained by general category states and union territories :
24) Answer: A
The Petronas Malaysia Open 2022 was the official name of the 2022 Malaysia Open, which took place in the Axiata Arena in Kuala Lumpur, Malaysia.
The tournament’s total prize money was US$675,000.
The 2022 Malaysia Open, which was a part of the Malaysia Open competitions that had been going on since 1937, was the twelfth event on the 2022 BWF World Tour.
Men’s singles title: Viktor Axelsen (Denmark) & Women’s singles title: Ratchanok Intanon (Thailand)
25) Answer: B
Gujarat’s chief minister, Shri Bhupendra Patel, announced that the 36th National Games will be hosted in his state for the first time from September 27 to October 10.
The famous event is being held following a seven-year break; the previous one was in Kerala in 2015.
This is due to a multitude of issues, including the coronavirus epidemic since 2020.
26) Answer: C
Serbia Novak Djokovic defeated Nick Kyrgios in four sets to win his seventh Wimbledon men’s title and 21st Grand Slam title.
Despite Kyrgios’ best efforts, he was only able to win one set against the more seasoned opponent in his maiden Major final, allowing Djokovic to win his 21st Major title.
After falling behind, Kazakhstan’s Elena Rybakina won the Women’s Singles championship at Wimbledon by defeating Tunisian third-seed Ons Jabeur 3-6, 6-2, 6-2.
27) Answer: A
Angola’s former president Jose Eduardo dos Santos, who ruled Africa’s second-biggest oil producer (2 million barrels per day) after Nigeria, for nearly four decades passed away at the age of 79 in Barcelona, Spain.
