Daily Current Affairs Quiz – 26th July 2022

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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2022 of 26th 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.

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1) Every year, Kargil Vijay Diwas has been celebrated in India on which of the following day?

(a) 25 July

(b) 26 July

(d) 24 July

(e) 28 July

2) Prime Minister Narendra Modi unveiled India’s first Passenger Drone __________.

(a) Drona

(b) Varuna

(d) Saruna

(e) Parana

3) Burhanpur became India’s first certified ‘Har Ghar Jal’ District. Burhanpur is located in which state?

(a) Madhya Pradesh

(b) Maharashtra

(d) Karnataka

(e) Gujarat

4) Where was India’s first-of-its-kind brain health clinic inaugurated?

(a) Bengaluru, Karnataka

(b) Mumbai, Maharashtra

(d) Pune, Maharashtra

(e) Surat, Gujarat

5) What is the projected GDP Growth rate of India in FY23, according to the Federation of Indian Chambers of Commerce & Industry (FICCI) report?

(a) 6.9 percent

(b) 7.0 percent

(d) 7.8 percent

(e) 8.3 percent

6) Which of the following organization has approved a $1 billion loan for PM Ayushman Bharat’s health infrastructure mission?

(a) World Bank

(b) IMF

(d) NDB

(e) AIIB

7) Which organization has released a report that India has made significant progress and moved to a leadership position in large-value digital payment systems?

(a) RBI

(b) NITI Aayog

(d) SEBI

(e) FICCI

8) The Reserve Bank of India (RBI) has issued new guidelines for non-bank payment system operators (PSOs) under which of the following Act?

(a) Banking Regulation Act, 1949

(b) Reserve Bank of India Act, 1953

(d) Payment and Settlement Systems Act, 2007

(e) Securities and Exchange Board of India Act, 1992

9) Name the mobile banking app, which was launched by Canara Bank recently?

(a) Canara bla

(b) Canara ols

(d) Canara ind

(e) Canara sil

10) India’s economy is expected to grow to $300 billion in _________.

(a) 2025

(b) 2030

(d) 2031

(e) 2035

11) According to the Reserve Bank of India (RBI), India’s foreign exchange reserves fell by __________ to $572.7 billion.

(a) $6.5 billion

(b) $7.7 billion

(d) $7.5 billion

(e) $5.5 billion

12) Who has been appointed as the Managing Director of the TATA Projects?

(a) Sandip Pradhan

(b) Pushp Kumar Joshi

(d) Siva Shankari

(e) Asha Parekh

13) Which of the following company has appointed Akshaya Moondra as its Chief Executive Officer (CEO)?

(a) Tata Power

(b) Vodafone Idea

(d) Snap Deal

(e) Paytm

14) R.S. Gandhi has been appointed as an additional independent director of which of the following bank?

(a) Punjab National Bank

(b) Karnataka Bank

(d) YES Bank

(e) HDFC Bank

15) Which of the following Indian actor recently honored with the coveted Golden Visa by The United Arab Emirates?

(a) Ranbir Kapoor

(b) Aditya Roy Kapoor

(d) Kamal Haasan

(e) Rajinikanth

16) DCGI approved India’s first indigenously developed mRNA vaccine against COVID-19. Which of the following company has manufactured this vaccine?

(a) Sun Pharmaceutical Industries

(b) Dr. Reddy’s Laboratories

(d) Gennova Biopharmaceuticals

(e) Cipla

17) Sports Authority of India has started a new initiative to cheer for Team India with the campaign named _______________.

(a) Win for India

(b) Create for India

(d) Strength of India

(e) Make for India

18) Who became the first ever Indian to win a silver medal at World Athletics Championships?

(a) Nikhat Zareen

(b) P. T. Usha

(d) Hima Das

(e) Dutee Chand

19) In which of the following place the First Khelo India Fencing Women’s League held?

(a) Bengaluru

(b) Chennai

(d) Lucknow

(e) New Delhi

20) Which of the following is not among the present Deputy Governors of RBI?

(a) Michael Patra

(b) Mahesh Kumar Jain

(d) N. S. Vishwanathan

(e) M. Rajeshwar Rao

Answers :

1) Answer: B

Since 1999, India has observed Kargil Vijay Diwas on July 26 to commemorate its victory over Pakistan in the Kargil conflict.
The nation is commemorating the 2 years since the end of the Kargil conflict this year.
In 1999, a high-altitude mountain conflict broke out along the Line of Control, the de facto boundary that separates Kashmir between the two countries, on the peaks of Kargil.

2) Answer: B

India’s first passenger drone, Varuna, was launched by Prime Minister Shri Narendra Modi.
According to Prime Minister Shri Narendra Modi, the present administration has used technology, including drones, to guarantee last-mile service delivery.
At the Dr. Ambedkar International Centre in New Delhi, the Naval Innovation and Indigenisation Organisation (NIIO) seminar titled “Swavlamban” was addressed by the prime minister.

3) Answer: A

The Ministry of Jal Shakti announced that Madhya Pradesh’s Burhanpur popularly known as the ‘Darwaza of Dakhin’ or Gateway of Deccan, became the first Certified ‘Har Ghar Jal’ (water connection to every house) district in
Only 37,241 rural households (36.54 percent) out of a total of 1,01, 905 households in Burhanpur had potable drinking water through tap connections at the time of the launch of Jal Jeevan Mission on 15th August 2019.

4) Answer: A

On World Brain Day-2022 (22 July) Karnataka Health Minister Dr. K Sudhakar inaugurated the Brain Health Clinic (BBC) in a first-of-its-kind initiative in India, at Jayanagar General Hospital, Bengaluru, Karnataka.
It was launched under the Karnataka Brain Health Initiative (KaBHI) in association with the National Institute of Mental Health and Neurosciences (NIMHANS).
The event was organized by the NIMHANS and stated that treatment for mental health will be available at the 243 Namma Clinics will be started in Bengaluru.

5) Answer: B

The latest economic outlook survey conducted by the industry body Federation of Indian Chambers of Commerce & Industry (FICCI) has downgraded India’s 2022-23 Gross Domestic Product (GDP) growth forecast to 7% from 7.4% estimated in its previous survey round in April 2022.
The reason for the slower growth projection is the Ukraine-Russia war which is likely to keep inflation high & reduce consumer demand.
As per the survey, the median growth forecast for agriculture and allied activities has been put at 3% for FY23, while industry and services sectors are anticipated to grow by 6.2% and 7.8% respectively

6) Answer: A

The World Bank has approved a loan of USD 1 billion to provide support to India’s flagship PM Ayushman Bharat Health Infrastructure Mission(PM-ABHIM).
The loan comprises two complementary loans of USD 500 million each namely for “Transforming India’s Public Health Systems for Pandemic Preparedness Program (PHSPP)” and “India’s Enhanced Health Service Delivery Program (EHSDP).

7) Answer: A

According to the report titled Benchmarking India’s Payment Systems released by the Reserve Bank of India (RBI), India has made significant progress and moved to a leadership position in large-value digital payment systems.

Objective :

To provide a comparative position of the payments ecosystem in India relative to other major countries.
India was categorized as a ‘leader’ or ‘strong’ in respect of 25 (21 in the previous exercise) out of 40 indicators and categorized as ‘weak’ in respect of 8 (12 in the previous exercise) indicators.
India has the third largest number of ATMs deployed, it continues to fare poorly in people served per ATM due to its sizable population.
In 2020, the share of card payments in total payment systems transactions was the second lowest in India (14.7 percent), with only Indonesia witnessing a lower share (7.2 percent).

8) Answer: D

The Reserve Bank of India (RBI) issued new guidelines for non-bank payment system operators (PSOs) under Section 10 (2) & Section 18 of “The payment and Settlement Systems Act of 2007”.

Key Highlights :

Non-bank payment system operators (PSOs) will require prior approval from the RBI for any takeover or acquisition of control which may or may not result in a change of management.
They would also require prior approval of the RBI for the sale or transfer of payment activity to an entity not authorized for undertaking such an activity
The non-bank PSOs shall inform the RBI within 15 calendar days in the following cases:

Change in management or directors

9) Answer: C

Canara Bank has launched its mobile banking app called Canara ai1.
The banking app would be a one-stop solution with more than 250 features to cater to the banking needs of its customers.

After launching the app, Canara Bank MD & CEO L V Prabhakar stated that the lender’s core vision is “e-transactions for everyone, everywhere and every time” and the bank is leveraging technology to enable the customers to use banking services at their fingertips.

The app is available in 11 languages to cater to multiple sections of society in their preferred language.

10) Answer: B

India’s economy is expected to grow to $150 billion and $300 billion, respectively, by 2025 and 2030.
The India BioEconomy Report 2022, published by the Biotechnology Industry Research Assistance Council (BIRAC) is based on data describing the economic impact of the biotech sector.
The report estimates that the country’s bioeconomy would surpass USD 80 billion in 2021, an increase of 14.1% over USD 70.2 billion in 2020.
It predicted that India’s bioeconomy will grow by USD 80.12 billion in 2021, generating USD 219 million per day.

11) Answer: D

According to the most current statistics from the Reserve Bank of India (RBI), India’s foreign exchange reserves fell by $7.5 billion to $572.7 billion during the final week of July 15.
Since November 6, 2020, when they were $568 billion, the reserves have fallen to their lowest point in 20 months.
According to the report, the major reason for the decline in foreign exchange reserves was a $6.5 billion decline in foreign currency assets during the week.

12) Answer: C

One of India’s fastest-growing and most admired infrastructure companies, TATA Projects Limited, has appointed Vinayak Pai as its Managing Director (MD).

Pai has taken over the reins from Mr. Vinayak Deshpande who will retire after being at the helm of affairs for over 11 years.

About Mr. Vinayak Pai :

Mr. Vinayak Pai holds a Bachelor’s Degree in Engineering from the College of Engineering, Pune.

13) Answer: B

Telecom firm Vodafone Idea has appointed Mr. Akshaya Moondra as the next Chief Executive Officer (CEO) of the company for three years, with effect from August 19, 2022.
He will replace Mr. Ravinder Takkar, whose tenure as MD & CEO of the Vodafone Idea will end on August 18, 2022.
Ravinder Takkar will continue to be on the board as a non-executive and non-independent director post completion of his tenure.
Currently, Mr. Akshaya Moondra is the chief financial officer (CFO) at Vodafone Idea.

14) Answer: D

Private sector lender YES Bank has appointed Mr. Rama Subramaniam Gandhi as an additional independent director of the bank for five years.

Mr. R. Gandhi was born in 1956 in Devanallur, Tirunelveli, Tamil Nadu. He was a Deputy Governor of the Reserve Bank of India for three years from 2014 to 2017.
He had been a seasoned and accomplished central banker for 37 years. He had a three-year secondment to the Securities and Exchange Board of India (SEBI), the capital market regulator.

15) Answer: D

The United Arab Emirates has awarded the coveted Golden Visa to Kamal Haasan, a well-known name in Tamil film.
Other people besides actor Kamal Hasan have received the Golden Visa.
Before Kamal Hasan, actors Nasser, Mammootty, Mohanlal, Tovino Thomas, Parthiepan, Amala Paul, and Shah Rukh Khan all won the award.

16) Answer: D

The apex drug regulator Drugs Controller General of India (DCGI) approved India’s first indigenously developed mRNA vaccine against COVID-19.
The vaccine is manufactured by Gennova Biopharmaceuticals, based in Pune, and designed for restricted emergency use for those aged 18 years and above.
Gennova developed the mRNA vaccine with the support of the Department of Biotechnology (DBT) under the Ministry of Science and Technology and its PSU, Biotechnology Industry Research Assistance Council (BIRAC).

17) Answer: B

A 215-member Indian athlete contingent across 16 disciplines is all set to participate in the Commonwealth Games beginning on July 28 in Birmingham.
Sports Authority of India has started a new initiative to cheer for Team India with the campaign “Create for India.”
Participants can submit their creative entries by July 26th, 2022, using the hashtags #create4India and #cheer4India.

18) Answer: C

Tokyo Olympic gold medallist Neeraj Chopra created history by winning a Silver medal in the men’s javelin throw event at World Athletics Championships.
In the prestigious competition held at Eugene in Oregon, United States, the champ grabbed the second position with his best throw of 88.13 meters.
Grenadian javelin thrower Anderson Peters won the gold medal with a throw of 90.54 meters.
Neeraj Chopra is the first ever Indian to win a silver medal at World Athletics Championships.

19) Answer: E

The Talkatora Indoor Stadium in New Delhi will serve as the host venue for the first Khelo India Fencing Women’s League, which will get off on July 25, 2022.
According to the Ministry of Youth Affairs and Sports, the nation’s first-ever women’s national fencing tournament will last until the 29^th of July.
Three steps will be taken in each.

20) Answer: D

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

2 years ago

Daily Current Affairs Quiz – 26th July 2022

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