Daily Current Affairs Quiz – 23rd September 2022

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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2022 of 23rd September 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.

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1) The International Day of Sign Languages is observed on September 23 every year. When was the first International Day of Sign Languages observed?

(a) 2000

(b) 2008

(d) 2012

(e) 2018

2) Where will India conduct its first MotoGP World Championship race in 2023?

(a) Mumbai

(b) Greater Noida

(d) Gurugram

(e) Chennai

3) The Union cabinet approved the second tranche of the Performance Linked Incentive (PLI) scheme on the ‘National Program on High-Efficiency Solar PV Modules’ for reaching Giga Watt (GW) manufacturing capacity to enhance the manufacturing of solar photovoltaic (PV) modules in India. How much budget amount is allocated as the second tranche of the PLI scheme?

(a) Rs.19,500 crores

(b) Rs. 20,200 crores

(d) Rs. 23,500 crores

(e) Rs. 24,200 crores

4) Which Organisation hosted the Leeds-2022 conference in New Delhi, virtually addressed by the union minister for Agriculture and Farmer’s Welfare Shri Narendra Singh Tomar?

(a) FICCI

(b) IFSCA

(d) CBDT

(e) NASSCOM

5) Who among the following has launched the SCALE (Skill Certification Assessment for Leather Employees) app at Central Leather Research Institute, Chennai?

(a) Narendra Singh Tomar

(b) Dharmendra Pradhan

(d) Rajnath Singh

(e) Amit Shah

6) Which state government has signed with the Tamil Nadu government for the recruitment & training of medical professionals?

(a) Meghalaya

(b) Madhya Pradesh

(d) Assam

(e) Manipur

7) Which of the following institutes has partnered with Kotak Mahindra Bank to launch Kotak IITM Save Energy Mission?

(a) IIT Bombay

(b) IIT Madras

(d) IIT Varanasi

(e) IIT Delhi

8) How much does YES Bank approve for a sale of stressed assets to private equity firm JC Flowers Asset Reconstruction Company?

(a) Rs. 40,000 crores

(b) Rs. 42,000 crores

(d) Rs. 50,000 crores

(e) Rs. 52,000 crores

9) What is the GDP growth forecast for India for FY23 by the Asian Development Bank (ADB)?

(a) 7%

(b) 7.2%

(d) 7.5%

(e) 7.8%

10) How many transactions can be done in a month in Everyday Savings Account (Daily Savings Account) launched by Kotak Mahindra Bank (KMBL)?

(a) 10

(b) 20

(d) 30

(e) 40

11) Reserve Bank of India (RBI) has removed the Central Bank of India from the Prompt Corrective Action (PCA) framework on complying with parameters like net non-performing assets (net NPAs) and capital ratios. When was the Central Bank of India put under PCA?

(a) 2014

(b) 2015

(d) 2017

(e) 2021

12) When was the Prompt Corrective Action (PCA) framework introduced by the Reserve bank of India (RBI)?

(a) 1998

(b) 2000

(d) 2005

(e) 2008

13) Who among the following are honored by the Bill & Melinda Gates Foundation with the 2022 Goalkeepers Global Goals Awards?

(a) Ursula von der Leyen

(b) Vanessa Nakate

(d) Dr. Radhika Batra

(e) All the above

14) Which country has signed an MoU with India to enhance cooperation between their defense industries?

(a) Australia

(b) Jordan

(d) Sweden

(e) Russia

15) Who among the following are nominated as trustees of the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund)?

(a) Ratan Tata

(b) Kariya Munda

(d) All the above

(e) None of the above

16) Which among the following is false about PM CARES Fund?

(a) Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) was created on 27 March 2020

(b) The stated purpose of the fund is for combating, containment, and relief efforts against the coronavirus outbreak and similar pandemic-like situations in the future.

(d) The trust deed of PM CARES Fund has been registered under the Registration Act, 1908 in New Delhi on 27 March 2020

(e) All the above options are true

17) Which of the following small finance bank has re-appointed Mr. PR Ravi Mohan as its Chairman?

(a) Equitas Small Finance bank

(b) ESAF Small Finance bank

(d) AU Small Finance Bank

(e) Jana Small Finance bank

18) Where is the headquarters of ESAF Small Finance Bank?

(a) Bangalore

(b) Thrissur

(d) Mumbai

(e) Lucknow

19) Which of the following High court has appointed T Raja as its Acting Chief Justice?

(a) Bombay

(b) Haryana

(d) Madras

(e) Hyderabad

20) Where was the Indian Coast Guard (ICG) and United States Coast Guards (USCG) conduct a joint exercise, Abhyas-01/22?

(a) Vishakapatnam

(b) Texas

(d) Odisha

(e) Rajasthan

21) Which team did Bangladesh defeat to clinch the debut SAFF Women’s Championship title in 2022?

(a) Australia

(b) India

(d) Russia

(e) Netherlands

22) Elvis Ali Hazarika has become the first from the North East to cross the North Channel. Which state does he belong to?

(a) Sikkim

(b) Assam

(d) Manipur

(e) Mizoram

23) Padma Shri awardee and Sanskrit scholar Acharya Ramayatna Shukla has passed away recently. When did he receive Padma Shri Award?

(a) 1999

(b) 2000

(d) 2010

(e) 2021

24) What is the capital city of Egypt?

(a) Cairo

(b) Amman

(d) Bridgetown

(e) Port Louis

25) Where is Balpakram National Park located?

(a) Sikkim

(b) Assam

(d) Manipur

(e) Mizoram

Answers :

1) Answer: E

The International Day of Sign Languages is observed on September 23 every year. It is a unique opportunity to support and protect the linguistic identity and cultural diversity of all deaf people and other sign language users.

The first International Day of Sign Language was observed across the world on September 23, 2018, with the theme “With Sign Language, Everyone is Included!”.The day was celebrated as part of the International Week of the Deaf, which will take place on 24-30 September. The International Week of the Deaf was first celebrated in September 1958 and has since evolved into a global movement of deaf unity. The United Nations General Assembly (UNGA) has proclaimed 23 September as the International Day of Sign Languages (IDSL) intending to raise awareness of the significance of sign language in the full realization of the human rights of people who are deaf.

2) Answer: B

In 2023, India will hold its first MotoGP World Championship race at the Buddh International Circuit in Greater Noida.

Dorna, the owner of the MotoGP commercial rights, and Noida-based race producers Fairstreet Sports inked a Memorandum of Understanding (MoU) to host India’s top two-wheel racing event for the next seven years. Riders from as many as 19 countries will take part in the event, which will boost trade and tourism in the country while also creating jobs. MotoGP also has plans to also introduce MotoE into the Indian racing scenario, which will not only be a first in Asia but a significant green initiative with net zero carbon emission.

3) Answer: A

The Union cabinet approved the second tranche of the Performance Linked Incentive (PLI) scheme on the ‘National Program on High-Efficiency Solar PV Modules’ for reaching Giga Watt (GW) manufacturing capacity to enhance the manufacturing of solar photovoltaic (PV) modules in India, Union minister Anurag Thakur revealed in a press conference.

The second tranche of the PLI scheme for the national program on ‘high-efficiency solar PV modules has been approved with an outlay of Rs.19,500 crore. The government has also set a

goal of 500GW of installed non-fossil electricity capacity by 2030, which equates to around 280-300GW of solar energy capacity.

4) Answer: A

Shri Narendra Singh Tomar, the union minister for Agriculture and Farmer’s Welfare, virtually addressed the Leeds-2022 conference in New Delhi, which was hosted by the Federation of Indian Chambers of Commerce and Industry (FICCI).

The conference was briefed by the Minister of Agriculture and Farmers Welfare that despite being affected by a worldwide pandemic, India’s agriculture industry has had a growth of 3.9%. Given its rapid progress toward becoming a global leader in the agriculture industry, India can supply a significant portion of the world’s food demands. India’s exports of agricultural goods surpassed the Rs. 4 lakh crore milestone.

5) Answer: B

Union Minister Shri Dharmendra Pradhan launched the SCALE (Skill Certification Assessment for Leather Employees) app at Central Leather Research Institute, Chennai.

It is a one-stop solution for the skilling, learning, assessment, and employment needs of the leather industry. The SCALE app has been developed by the Leather Skill Sector Council. People interested in leather craft can access online live-streamed classes through the app. The Ministry of Skill Development and Entrepreneurship, NSDC, CLRI, and Leather Sector Skill Council will collaborate to set up Common Facilities and Skilling Centre across India. Union Minister Dharmendra Pradhan lauded the role of CSIR-CLRI for playing an important role in the development of the leather sector. The Indian leather industry contributes around 13 percent to the world’s leather production of hides/skins. The major production centers for leather and leather products in India are located in the state of Tamil Nadu, West Bengal, and Uttar Pradesh.

6) Answer: A

The Meghalaya government signed a Memorandum of Understanding (MoU) with the Tamil Nadu government through which Tamil Nadu has agreed to support Meghalaya in the recruitment and training of medical professionals.

This is a first-of-its-kind medical partnership between the two Indian states for knowledge sharing, capacity building, and improving health service delivery. The MoU was signed by Principal Secretary of Health Shri Sampath Kumar and his Tamil Nadu counterpart Shri P Senthil Kumar, in the presence of Health Minister Shri James PK Sangma. The MoU is an element of Meghalaya’s efforts to enhance its well-being indicators & is one of the numbers of packaged interventions together with the Chief Minister’s Safe Motherhood Scheme (CM-SMS) beneath the rescue mission initiative to scale back MMR and IMR, aimed toward strengthening and making certain protected deliveries in distant areas.

It will facilitate the training of doctors, especially in remote community health centers, to overcome the scarcity of certified and trained medical professionals for several critical functions, including ultrasonography, obstetrics & gynecology, and anaesthesiology. The intent behind this is to provide better antenatal and postpartum care to expecting women and to women after delivery, especially at public health facilities in remote locations.

7) Answer: B

Kotak Mahindra Bank Limited (KMBL) and the Indian Institute of Technology-Madras (IITM) announced their Corporate Social Responsibility (CSR) partnership to launch Kotak IITM Save Energy Mission.

Union Minister of Education, Skill Development and Entrepreneurship Shri Dharmendra Pradhan formally rolled out the initiative at an event in Chennai, Tamil Nadu (TN). To encourage the adoption of various energy conservation measures in the Micro, Small, and Medium Enterprises (MSME) sector. Under Kotak’s CSR Project on Environment and Sustainable Development, KMBL is funding IITM to establish 5 centers across India to promote energy efficiency for the Micro, Small, and Medium Enterprises (MSME) sector.

IIT Madras (IITM) at the Chennai campus will be the hub of Kotak IITM Save Energy Mission, which in turn will engage with IIT Bombay (IITB), IIT Gandhinagar (IITG), IIT Indore (IITI), and IIT Ropar (IITR) to establish 4 satellite centers for carrying out energy efficiency and performance audits and encouraging adoption of various energy conservation measures in the Indian MSME sector.

8) Answer: C

Private lender Yes Bank’s board has approved the transfer of stressed assets worth ₹48,000 crores to private equity firm JC Flowers Asset Reconstruction Company (ARC).

YES, Bank will also pick up a 19.99% stake in the ARC, subject to regulatory approvals. JC Flowers ARC won Yes Bank’s non-performing loan portfolio for ₹11,183 crores in a Swiss Challenge auction, after a consortium of Cerberus Capital and Asset Reconstruction Company of India (ARCIL) withdrew its bid. The ARC will have to pay ₹1,677 crore within 60 days of Yes Bank formally approving the offer. It had paid an earnest money deposit of $50 million at the time of submitting the bid.

Yes, the bank had already provisioned for over 80% of the total loan value, which will now be transferred to JC Flowers. Yes, Bank’s gross NPA was 13.4% in June 2022, compared to 15.6% during the corresponding period of 2021.

9) Answer: A

The Asian Development Bank (ADB) in its second supplement to Asian Development Outlook Report 2022 (ADO 2022), has slashed India’s economic growth projection for FY 22-23 to 7% from 7.2% earlier, citing higher-than-expected inflation and monetary tightening.

India’s economy grew 13.5% year-on-year in the first quarter of 2022-23, reflecting strong growth in services. ADB releases the flagship ADO report in April every year. It had then projected the Indian economy to grow at 7.5% in FY23 and 8% in FY24. In the first supplement to ADO 2022 in July, it however trimmed the growth forecast for FY23 to 7.2% and FY24 to 7.8%.

10) Answer: D

Solution: Private sector Kotak Mahindra Bank (KMBL) launched a one-of-a-kind Everyday Savings Account (Daily Savings Account) which will help customers in spending and saving every day.

In this account, the customer can do 30 transactions of any value in a month and the monthly amount can be waived maintenance charges or can choose to maintain an average monthly amount of Rs 20,000. This account comes with a power-packed Everyday RuPay Platinum Debit Card

The Card will enable customers to avail every day offers on popular brands like Mitra, Swiggy, One MG, MakeMyTrip, and Licious in general categories like groceries, medicines, apparel, food delivery, and travel. It offers customers a higher daily limit of Rs 3,00,000 which has higher ATM withdrawal limits of Rs 1,00,000 for transactions in India and abroad.

12) Answer: D

Reserve Bank of India (RBI) has removed the Central Bank of India from the Prompt Corrective Action (PCA) framework on complying with parameters like net non-performing assets (net NPAs) and capital ratios.

The Central Bank of India has provided a written commitment that it would comply with the norms of Minimum Regulatory Capital, Net NPA, and Leverage ratio on an ongoing basis. Of the three state-owned lenders under the RBI’s PCA framework, Indian Overseas Bank and UCO Bank were removed from the watchlist in September 2021. The Central Bank of India was put under the PCA framework in June 2017 due to its high net non-performing assets (NPAs) and low Return on Assets.

13) Answer: C

PCA is a framework under which banks with weak financial metrics are put under watch by the RBI. The RBI introduced the PCA framework in 2002.

14) Answer: E

As part of its yearly Goalkeepers program, the Bill & Melinda Gates Foundation recognized four changemakers with the 2022 Goalkeepers Global Goals Awards. The honor recognizes their efforts to achieve the Sustainable Development Goals (SDGs) of the United Nations (UN) in their local communities and globally.

The sixth Goalkeepers Report from the Gates Foundation, titled “The Future of Progress,” was published. Bill and Melinda Gates, co-chairs of the foundation, contributed as authors. Tumelo Mothotoane, the senior anchor of South African news station eNCA, hosted the event.

15) Answer: C

India and Egypt agreed to enhance cooperation between their defense industries. The MoU has been signed by Defence Minister Shri Rajanth Singh and his counterpart, General Mohamed Zaki.

Defence Minister Shri Rajanth Singh was on a two-day visit to Cario, Egypt. India and Egypt also agreed to enhance the conduct of joint exercises and exchange of personnel for training. Both sides also exchanged views on regional security and acknowledged the contribution of both countries to peace and stability. Rajnath Singh invited his Egyptian counterpart to the India-Africa Defense Dialogue and Indian Ocean Region (IOR) Defense Ministers’ conclave.

16) Answer: D

Veteran industrialist Mr. Ratan Tata, former Supreme Court judge Mr. KT Thomas, and former deputy Lok Sabha speaker Mr. Kariya Munda have been nominated as trustees of the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund).

The decision was announced a day after Prime Minister Shri Narendra Modi chaired a meeting of the Board of Trustees of the PM CARES Fund.

17) Answer: C

The Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) was created on 27 March 2020. The stated purpose of the fund is for combating, containment, and relief efforts against the coronavirus outbreak and similar pandemic-like situations in the future.

The Prime Minister of India, Narendra Modi, is the chairman of the fund. The trust deed of PM CARES Fund has been registered under the Registration Act, 1908 in New Delhi on 27 March 2020.

18) Answer: B

The Reserve Bank of India (RBI) has approved the reappointment of Mr. PR Ravi Mohan as the Chairman of ESAF Small Finance Bank for a further period of three years from December 21, 2022.

He is a certified associate of the Indian Institute of Bankers. Previously, he was employed as a chief general manager in the department of banking supervision of the RBI. He was a resident advisor in financial sector supervision with the International Monetary Fund (IMF), AFRITAC South, Mauritius.

19) Answer: B

About ESAF Small Finance Bank :

Founded: 10 March 2017

Headquarters: Thrissur, Kerala

MD & CEO: K. Paul Thomas

20) Answer: D

In the exercise of the power conferred by Article 223 of the Constitution of India, the Ministry of Law and Justice notified the appointment of the senior-most judge of the Madras High Court, Justice Mr. T Raja as Acting Chief Justice (ACJ) of Madras High Court (HC).

He will succeed Justice Mr. M Duraiswamy.

21) Answer: C

The Indian Coast Guard (ICG) and United States Coast Guards (USCG) conducted a joint exercise, Abhyas-01/22, which was held off the Chennai coast, Tamil Nadu (TN).

The exercise focussed on acquainting the Coast Guards with each other’s capabilities and strengthening their working level relationship towards enhancing interoperability in the field of maritime search and rescue, boarding operations, and other maritime law enforcement duties.

22) Answer: C

Bangladesh won the debut SAFF Women’s Championship with a historic triumph at the Dashrath Rangshala Stadium in Kathmandu, Nepal.

The Bangladesh squad overcame hosts Nepal 3-1 in the finals in front of a packed crowd to see some magnificent football. Bangladesh captain Sabina Khatun, who was the tournament’s top scorer with eight goals in five games, dedicated the trophy to the people of Bangladesh. Rupna Chakma of Bangladesh was chosen as the best goalkeeper. During the competition, she only allowed one goal. Bangladesh had previously reached the final in 2016 but was defeated 3-1 by India.

23) Answer: B

Elvis Ali Hazarika a Veteran Assamese swimmer has become the first from the North East to cross the North Channel.

The strait between north-eastern Northern Ireland and south-western Scotland is the North Channel. Elvis Ali Hazarika also became the oldest Indian swimmer to swim across the North Channel. To attain this feat, Elvis and his team clocked a timing of 14 hours 38 minutes. Elvis also became the first Assamese to successfully swim from Dharamtar Jetty to the Gateway of India, the Arabian Sea, in November 2021.

24) Answer: E

Padma Shri awardee & the former president of Shri Kashi Vidvat Parishad and Sanskrit scholar, Acharya Ramayatna Shukla, passed away at the age of 90.

Acharya Ramayatna Shukla was awarded the Padma Shri award in the year 2021. He received Vedanta Shastra from Dharma Emperor Swami Karpatri Ji and Swami Chaitanya Bharati from Vedanta Shastra, Hariram Shukla from Mimamsa, and Pandit Ramchandra Shastri.

25) Answer: A

Cairo is the capital and largest city of Egypt.

Answer: C

Balpakram National Park is a national park to the south of Garo Hills in Meghalaya, India, located at an altitude of about 910 m close to the international border with Bangladesh.

2 years ago

Daily Current Affairs Quiz – 23rd September 2022

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