Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2022 of 03rd November 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) Vigilance Awareness Week is being held this year from October 31 to November 6, 2022, with the theme ________________.

a) Vigilant India, Prosperous India

b)Independent India @ 75: Self-Reliance with Integrity

c) Integrity- a way of life

d) Corruption-free India for a Developed Nation

e) None of the above

2) Jamshed J Irani,Who was also known as the “Steel Man of India”, passed away in November 2022. In Which year did he receive the Lifetime Achievement Awardfrom the Government of India for his services in the area of metallurgy?

a) 2007

b) 2008

c) 2006

d) 2009

e) None of the above

3) Who won the French Open Super 2022 badminton tournament men's doubles title in Paris?

a)SatwiksairajRankireddy and Chirag Shetty

b)Taipei's Lu Ching Yao and Yang Po Han

c) Srikanth Kidambi and Prannoy Kumar

d) Prakash Padukone and Srikanth Kidambi

e) None of the above

4) Who recently won the Mexican Grand Prix 2022?

a) Sebastian Vettel

b) Lewis Hamilton

c) Max Verstappen

d) Sergio Perez

e) Michael Schumacher

5) Which country recently launched the 2^nd Lab Module. “Mengtian”, for its Space Station?

a) The USA

b) Russia

c) China

d) Spain

e) Japan

6) From which of the following states police officers are selected for the 'Union Home Minister's Special Operation Medal’?

a) J&K

b) Telangana and Delhi

c) Punjab & Maharashtra

d) Both B& C

e) All the above

7) Who posthumously received the 'Friends of Liberation War' award from Bangladesh PM Sheikh Hasina for his contribution to Bangladesh's liberation?

a)Edward M Kennedy

b) M Ted Kennedy

c) Puneeth Rajkumar

d) Amit Dasgupta

e) Vasudevan Nair

8) The Life Insurance Corporation of India (LIC) has raised its stake by ___% in Capri Global Capital Limited (CGCL), a nonbanking financial company (NBFC).

a) 3%

b) 5%

c) 2%

d) 1%

e) 4%

9) Which Bank has launched a foreign outward remittance service through the ‘SIB Mirror+’ mobile banking application?

a) TamilNaduMerchantile Bank

b) South Indian Bank

c) Federal Bank

d) State Bank of India

e) None of the above

10) The Reserve Bank of India (RBI) recently launched its first pilot project to use central bank digital currency (CBDC) in the wholesale market for secondary trade in government securities (G-secs). How many banks have been identified for Participation in the pilot project?

(a) 8

(b) 9

(c) 7

(d) 12

(e) 10

11) Which bank has launched a technology-backed farm yield insurance policy for farmers?

a) Axis Bank

b) HDFC Bank

c) RBL Bank

d) ICICI Bank

e) Federal Bank

12) SEBI has reduced the face value of debt security and non-convertible redeemable preference share issued on a private placement basis from the current ₹10 lakh to ₹1 lakh.The new guidelines will be effective from________.

(a) Jan 31,2023

(b) Jan 1, 2023

(c) Dec 31, 2022

(d) Nov 1, 2022

(e) March 1, 2023

13) The Government of India (GoI) presented USD _____million to the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA).

a) 3.5million

b) 2.5 million

c) 4.5million

d) 0.5million

e) 1.5 million

14) The Reserve Bank of India (RBI) imposed a monetary penalty of Rs _____ on LIC Housing Finance Ltd for non-compliance with certain provisions of the National Housing Bank (NHB).

a) 6 lakh

b) 5 lakh

c) 3 lakh

d) 10 lakh

e) 8 lakh

15) Which company has collaborated with National Payments Corp. of India (NPCI) to issue contactless credit cards on the RuPay network?

a) Zaggle

b) Amazon Pay

c) Bajaj Finserv

d) Policy Bazaar

e) Groww

16) Which state government launched North India's first and largest data center?

(a) Odisha

(b) Uttar Pradesh

(c) Madhya Pradesh

(d) Rajasthan

(e) Punjab

17) Where was the first ASEAN - India Start-Up Festival held from October 27-30,2022?

(a) India

(b) Indonesia

(c) Thailand

(d) Japan

(e) Italy

18) Which Ministry has laid the foundation stone of the Orbital Rail Corridor Project in Faridabad, Haryana?

a) Ministry of Home Affairs

b) Ministry of External Affairs

c) Ministry of Railways

d) Ministry of Corporate Affairs

e) Ministry of Panchayat Raj

19) Where is Neora Valley National Park located?

a) Tamil Nadu

b) Meghalaya

c) Karnataka

d) Madhya Pradesh

e) West Bengal

20) Which Indian state’s folk dance is Mayur Nritya?

a) Madhya Pradesh

b) Haryana

c) Chhattisgarh

d) Punjab

e) Uttar Pradesh

Answers :

1) Answer: D

Vigilance Awareness Week is being held this year from October 31 to November 6, 2022, with the theme "Corruption-free India for a Developed Nation."

The week that includes October 31st, late Sardar Vallabhbhai Patel's birthday, is known as Vigilance Awareness Week and is observed by the Central Vigilance Commission.

The Central Vigilance Commission conducted a three-month campaign in advance of Vigilance Awareness Week 2022 to emphasize certain preventative vigilance activities as key areas for all the Ministries, Departments, and Organizations.

2) Answer:  B

The former Managing Director of Tata Steel Jamshed J Irani who was also famously known as the ‘Steel Man of India’ passed away at the age of 86 in Jamshedpur, Jharkhand.

Jamshed J Irani was also conferred upon Padma Bhushan- the third highest Civilian Award in 2007.

He was conferred an honorary Knighthood (KBE) by Queen Elizabeth II in 1997 for his contributions to Indo-British Trade and Cooperation.

Irani was appointed as an International Fellow at the Royal Academy of Engineering in 1996.

Dr. Irani was also the recipient of the Lifetime Achievement Award by the Government of India in 2008 as an acknowledgment of his services in the area of metallurgy.

3) Answer: A

SatwiksairajRankireddy and Chirag Shetty of India won the French Open Super 2022 badminton tournament men's doubles title in Paris after defeating Chinese Taipei's Lu Ching Yao and Yang Po Han in straight games 21-13, 21-19.

Satwik and Chirag also won their first super 750 race and their second BWF World Tour title this year.

This was their fourth BWF World Tour win, but the previous three had been in lower-level competitions.

4) Answer: C

Red Bull driver Max Verstappen won the Mexican Grand Prix 2022 for a record-breaking 14th victory of the season.

Lewis Hamilton of Mercedes and Sergio Perez of Red Bull finished second and third, respectively.

Verstappen's 14th victory of the season moves him past Michael Schumacher and Sebastian Vettel to become the Formula One driver with the most race victories in a single season.

5) Answer: C

China has launched the space lab module named Mengtian or "Dreaming of the Heavens", taking the construction of the country's space station Tiangong into the final stage.

The Long March-5B Y4 carrier rocket, carrying Mengtian, blasted off from the Wenchang Spacecraft Launch Site on the coast of the southern island province of Hainan.

This is the 25th flight mission since the country's manned space program was approved and initiated in 1992.

6) Answer: E

For the year 2022, 63 police officers from Maharashtra, Delhi, Punjab, Telangana, Jammu, and Kashmir have been awarded the 'Union Home Minister's Special Operation Medal.'

The award was given by the Ministry of Home Affairs (MHA) for four special operations they carried out in the areas of terrorism, border actions, arms control, narcotics smuggling prevention, and rescue operations.

 On the occasion of Sardar Vallabhbhai Patel's birth anniversary, 63 police officers were awarded the special medal.

The officers were from Telangana, Punjab, Maharashtra, Delhi, and the Jammu and Kashmir Union Territories.

7) Answer: A

Former US Senator Edward M Kennedy was posthumously awarded the prestigious 'Friends of Liberation War honor by Bangladesh Prime Minister Sheikh Hasina in Dhaka for his contribution to Bangladesh's liberation.

The award was given to his son, Edward M Ted Kennedy Junior.

Prime Minister Sheikh Hasina expressed gratitude for Edward Kennedy Senior's significant contribution.

8) Answer: C

The Life Insurance Corporation of India (LIC) has raised its stake in Capri Global Capital Limited (CGCL), a nonbanking financial company (NBFC) by 2% over the last few months at an investment of ₹257.37 crores.

Its shareholding in Capri Global has increased from 1,24,00,000 to 1,59,51,171 equity shares.

This results in the Life Insurance Corporation of India (LIC) increasing its stake from 7.052% to 9.072% of the paid-up capital of the company.

Capri Global caters to different segments like MSME, construction, finance, affordable housing, and indirect retail lending segments.

Capri Global's market capitalization stands at ₹13,014 crores.

9) Answer: B

South Indian Bank has launched a foreign outward remittance service through the ‘SIB Mirror+ mobile banking application.

Non-resident external (NRE) and resident savings bank account holders can make foreign outward remittances through the bank’s ‘SIB Mirror+’ mobile banking application.

The service is also available on its Internet banking platform ‘SIBERNET’.

Customers can transfer foreign currency abroad without visiting the bank’s branch.

10) Answer: B

The Reserve Bank of India (RBI) recently launched its first pilot project to use central bank digital currency (CBDC) in the wholesale market for secondary trade in government securities (G-secs) beginning November 1.

The pilot will include 9 banks: State Bank of India, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, IDFC First Bank, and HSBC.

If a virtual currency (be it a cryptocurrency) is recognized by the central bank it is known as the CBDC.

CBDCs are the virtual or electronic form of fiat currencies (like the Indian rupee). Hence, a CBDC is a legal tender issued by a central bank in digital form.

11) Answer: B

HDFC ERGO launched a technology-backed farm yield insurance policy for farmers, a first-of-its-kind insurance solution, where a satellite-based index will be used to provide localized farm-level coverage.It will provide comprehensive coverage across the crop life cycle from sowing to harvesting, based on satellite-based data.

The product is targeted at farmers under corporate/farm input company (FIC) contracts and is valid for food, oilseed, commercial, or horticulture crops.

A threshold Index value is calculated for every yield by using the historical satellite imaging data of the specific crop and a remote sensing mechanism available in the public domain.

12) Answer: B

SEBI has reduced the face value of debt security from the current ₹10 lakh to ₹1 lakh.

It has also reduced the face value of non-convertible redeemable preference shares issued on a private placement basis from the current ₹10 lakh to ₹1 lakh.

The face value has been reduced to enhance liquidity in the corporate bond market.

The new guidelines will be effective from January 1, 2023.

13) Answer: B

The Government of India (GoI) presented USD 2.5 million (the second tranche of a total contribution of US$ 5 million for the Financial Year 2022-2023) to the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA), to support Palestinian refugees.

The UNRWA services for Palestinian refugees involve education, health care, relief, infrastructure, camp improvement, protection, and microfinance.

The financial contribution was presented to Ms. Xuran Wu, Associate Donor Relations and Projects Officer, Department of External Relations, UNRWA at the Representative Office of India in Ramallah, Palestine.

14) Answer: B

The Reserve Bank of India (RBI) imposed a monetary penalty of Rs 5 lakh on LIC Housing Finance Ltd for non-compliance with certain provisions of the National Housing Bank (NHB).

The non-banking finance company has not complied with certain provisions of "The Housing Finance Companies (NHB) Directions, 2010" issued by the NHB on July 02, 2018.

The penalty has been imposed in the exercise of powers vested in the RBI under the provisions of clause (b) of sub-section (1) of section 52A read with clause (aa) of sub-section (3) of section 49 of the National Housing Bank Act, 1987 (NHB Act).

Karnataka's Mysore Merchants Co-operative Bank has been fined Rs 5 lakh for violation of directions issued under Management of Advances-UCBs (Urban Co-operative Banks).

The RBI also imposed a monetary penalty of Rs 2 lakh on The City Co-operative Bank Ltd, Mysore for non-adherence to directions issued under Management of Advances-UCBs.

15) Answer: A

Zaggle, a profitable SaaS FinTech company and a pioneer in digitizing business spending, has collaborated with National Payments Corp. of India (NPCI) to issue contactless credit cards on the RuPay network.

Zaggle and NPCI along with partner banks would use this platform to launch multiple credit cards to address the ever-growing demand of corporates, SMEs, and consumers.

The cards would be enabled for international as well as domestic transactions, making business travel convenient and easy.

16) Answer: B

On 31 October 2022, CM Yogi launched the state’s first and largest data center in Greater Noida, UP.

Phase 1 of the project is fully equipped with state-of-the-art technology and was completed in 2 years.

This data center will have data from 60% of the citizens along with data from users of social media platforms and data related to various sectors like banking, business, healthcare, and travel.

Yotta, a subsidiary of the Hiranandani group, constructed this data center.

81,000 square meters of land was allocated to Hiranandani Group on 15 October 2020 for Rs. 116 crores to create a data center.

A total of 6 towers would be constructed at this center. The first tower is complete and can store 30MW of data.

Noida Power Company Limited (NPCL) will provide a power supply to the center which would consume around 200 MW of power.

17) Answer: B

ASEAN - India Start-Up Festival 2022 has been held in Jakarta, Indonesia from October 27-30, by the ASEAN Committee on Science, Technology, and Innovation (COSTI), in partnership with the Indian Department of Science and Technology (DST), through the National Research and Innovation Agency (BRIN) of Indonesia and Start-up Incubation and Innovation Centre (SIIC) IIT Kanpur.

18) Answer: A

Union Home Minister Shri Amit Shah laid the foundation stone of the Orbital Rail Corridor Project in Faridabad, Haryana.

Haryana Orbital Rail Corridor (HORC) project is part of the Transport Infrastructure Corridor in Haryana in the approved Master Plan for the National Capital Region.  

The project received in-principle approval from the Haryana Government back in 2018 and the Cabinet Committee on Economic Affairs gave its approval for the project in September 2022.

19) Answer: E

Neora Valley National Park is a national park in Kalimpong district, West Bengal, India that was established in 1986.

20) Answer: E

Mayur Nritya or Peacock Dance is a folk dance from Brij region of Uttar Pradesh.