Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2022 of 11th 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) National Education Day 2022 is observed on November 11. When was the firstNational Education Day observed by the Ministry of Human Resource Development?

a) 2000

b) 2002

c) 2004

d) 2008

e) 2009

2) Recently in Nov 2022, Which of the following state hosted the 18^th International Telemedicine Conference?

a) TamilNadu

b) Karnataka

c) Kerala

d) Maharashtra

e) Manipur

3) Recently in Nov 2022, The 42nd International Congress of the Indian National Cartographic Association (INCA) was opened in Dehradun by Lieutenant General ________, the governor of Uttarakhand.

a) Manoj Sinha

b) Devandra Kumar Joshi

c) Vinai Kumar Saxena

d) Gurmit Singh

e) None of the above

4) Recently, Union Minister SarbanandaSonowal launched the PM Gati Sakthi Multimodal Waterways Summit in which district of Uttar Pradesh?

a) Varanasi

b) Lucknow

c) Gorakhpur

d) Chandauli

e) Meerut

5) According to Morgan Stanley, India is on track to become the world’s third-largest economy by ______ surpassing Japan and Germany.

a) 2030

b) 2025

c) 2027

d) 2032

e)2045

6) Recently, Which startup Small and Medium Enterprise (SME) has received a license to set up a Non-banking financial company from RBI?

a) Meesho

b) Pharmeasy

c) ftcash

d) CRED

e) Groww

7) Recently, Which Organisation has collaborated with the Global Energy Alliance for People and Planet (GEAPP) for mobilizing up to $1 billion for the financing of green energy transition and renewable energy projects?

a) Asian Development Bank

b) Asian Infrastructure Investment Bank

c) World bank

d) IMF

e) IBRD

8) Recently in Nov 2022, the Bureau of Energy Efficiency (BEE) signed a memorandum of understanding (MoU) with which organisation for Micro Small & Medium Enterprise (MSMEs)?

a) NABARD

b) SIDBI

c) NHB

d) RBI

e) None of the above

9) Recently, Which of the following states has the highest mutual fund (MF) penetration in India, according to data from the Association of Mutual Funds?

a) New Delhi

b) Maharashtra

c) Goa

d)Both A & B

e) All the above

10) Recently in Nov 2022, Name the Indian Women who are all listed in Asia’s Power Businesswomen list has been released by Forbes Asia?

a) Ghazal Alagh

b) Soma Mondal

c) Namita Thapar

d) Both A & B

e) All the above

11) Recently, Which Insurance company has announced a life insurance product distribution tie-up with Tacterial Consulting Private Limited (Ditto)?

a) Max Life Insurance Company

b) HDFC Insurance Company

c) Life Insurance Corporation of India

d) Kotak Mahindra Insurance Company

e) none of the above

12) Recently, Who took oath as the 50th Chief Justice of India (CJI) after over 6 years as a judge of the Supreme Court?

a) Ranjan Gogoi

b) Dipak Mishra

c) D. Chandrachud

d) N.V.Ramana

e) None of the above

13) In which Country 26th International Malabar Naval Exercise was held recently?

a) India

b)Australia

c) Japan

d) The USA

e) None of the above

14) Recently, ISRO has conducted a hot test of the single-piece 3D-printed rocket engine, developed by which aerospace company?

a) Agnikul Cosmos

b) Pixel

c) Skyroot Aerospace

d) Boeing

e) None of the above

15) Who has been recently appointed as the CEO of Adidas Group?

a) Ramesh Kejriwal

b) Sawar Dhanania

c) Bjorn Gulden

d) Ashok Malhan

e) None of the above

16) Exim Bank was established by the Indian government under the Export-Import Bank of India Act ________ as an export credit provider, replicating world wide export credit agencies. Where is the headquarters of EXIM Bank?

a) 1976 and Delhi

b) 1979 and Mumbai

c) 1981 and Mumbai

d) 1984 and Delhi

e) 1987 and Mumbai

17) National Bank for Agriculture and Rural Development (NABARD) is an apexdevelopment bank established in 1982 set up under the recommendation of____________ committee.

a) Narasimhan

b) B. Sivaraman

c) H. R. Khan

d) Kelkar

e) Gadgil

18) Small Finance Banks (SFBs) are a type of bank established by the ReserveBank of India (RBI) under the direction of the Indian government with the goalof promoting financial inclusion by providing basic banking services to theunorganised sector, micro, small, and medium enterprises, small and marginalfarmers, and small businesses. What is the minimum paid-up capital requiredfor setting up Small Finance Banks?

a) Rs. 100 crores

b) Rs. 150 crores

c) Rs. 200 crores

d) Rs. 250 crores

e) Rs. 500 crores

19) What is the currency of Iran?

a) Euro

b) Franc

c) Dinar

d) Rial

e) Dirham

20) Which among the following is a qualification of the Chief Justice of India (CJI)?

(a) The CJI should be a citizen of India

(b) A person has been for at least five years a Judge of a High Court or two or more such Courts in succession

(c)The retirement age of Supreme Court judges is 65 years

(d) Only A and B

(e) All A, B and C

Answers :

1) Answer: D

National Education Day 2022 is observed on the 11th of November 2022. National Education Day is first observed by the Ministry of Human ResourceDevelopment on November 11, 2008.

 It is observed every year after the birth anniversary of Maulana Abul Kalam Azad who was

the first Educational Minister of Independent India.

He served as Educational Minister for over Ten Years.

The Day is celebrated to honour the First Educational Minister of India and his uncomparablecontribution made to the Education system of India.

2) Answer: C

The 18th International Telemedicine Conference is being hosted by the Kerala Chapterof the Telemedicine Society of India (TSI) and Amrita Hospital in Kochi.

Mr. S. Somnath, chairman of ISRO, Mr. MohananKunnummal, vice chancellor of Kerala

The University of Health Science, and Dr. Rethan Kelkar, secretary of information technology for

Kerala presented awards during the inaugural ceremony.

The event’s chief guest was Mr. S. Somnath, the ISRO Chairman.

The primary focus of Telemedicon 2022 is “ Strengthening Health Systems ThroughSustainable Telemedicine and Digital Health”.

3) Answer: D

The 42nd International Congress of the Indian National Cartographic Association (INCA) was opened in Dehradun by Lieutenant General Gurmit Singh (Retd.), the governor of Uttarakhand.

The National Hydrographic Office is hosting the 42nd International Congress inDehradun, Uttarakhand, on November 9–11, 2022.

Digital Cartography to Harness Blue Economy is the theme of the 42nd International Congress of the Indian National Cartographic Association.

4) Answer: A

Prime Minister Gati Shakti Multimodal Waterways Summit will be launched by Union Minister SarbanandaSonowal in Varanasi, Uttar Pradesh, at the Deendayal HastkalaSankul (Trade Centre and Museum), the PM Gati Shakti Multimodal Waterways Summit will take place.

The summit’s main goal is to raise awareness of the PM Gati Shakti National Masterplan witha focus on the construction of canal infrastructure.

To assure first and last-mile connectivity, the PM Gati Shakti Multimodal WaterwaysSummit is a game-changing strategy for enhancing logistics effectiveness and lowering logistics costs.

5) Answer: C

According to Morgan Stanley, India is on track to become the world’s third-largest economy by 2027, surpassing Japan and Germany, and to have the third-largest stock market by 2030, thanks to global trends and important investments in technology and energy.

 Overall, India’s GDP is expected to more than double from $3.5 trillion today to $7.5trillion by 2031.

Over the same period, its proportion of global exports may treble, and the Bombay StockExchange could rise at an 11% annual rate, achieving a market capitalization of $10 trillion.

6) Answer: C

The Reserve Bank of India (RBI) has granted ftcash, a startup in Small and Medium Enterprise (SME) lending, a license to set up a non-banking financial company (NBFC).

To disburse loans worth ₹100 crores in FY23.

Nearly 80% of all Micro Small &Medium Enterprise (MSMEs) in India lack access to funding, despite the government announcing many efforts to improve credit availability for the stressed MSMEs sector.

The NBFC license will allow us to bridge this credit gap while offering loans with minimal documentation along with daily repayment options via PoS with equated daily installments.ftcash has raised $10.2 million in funding and is backed by several investors includingAccion, FMO, and IvyCap Ventures.

7) Answer: B

The Asian Infrastructure Investment Bank (AIIB) and the Global Energy Alliance forPeople and Planet (GEAPP) announced a collaboration and strategic investmentpartnership for mobilizing up to $1 billion for the financing of green energy transitionand renewable energy projects, in both the public and private sectors.

AIIB’s Vice-President of Policy and Strategy, Sir Danny Alexander, and GEAPP’s CEO,Simon Harford, signed the documentation.

JinLiqun, President of AIIB; Dr. Rajiv Shah, President of The Rockefeller Foundation;Per Heggenes, CEO of IKEA Foundation; and Dr. Andrew Steer, President, and CEO ofBezos Earth Fund joined in the ceremony.

8) Answer: B

The government body for energy efficiency Bureau of Energy Efficiency (BEE) has signed a memorandum of understanding (MoU) with the Small Industries Development Bank of India (SIDBI) for Micro Small & Medium Enterprise (MSMEs).

To promote energy efficiency financing for MSMEs and explore the internet of things (IoT)-based solutions, greening MSMEs, capacity building of various stakeholders, etc. The announcement comes weeks after SIDBI announced partnerships with multiplestakeholders to help MSMEs become more energy efficient in their operations to support India’s Sustainable Development Goals (SDG) 2030 targets.

SIDBI had signed MoUs with German development agency Deutsche Gesellschaft für InternationaleZusammenarbeit (GIZ) GmbH for operating a Risk Sharing Facility (RSF) that provides credit guarantees to loans from commercial banks or non-banking financial companies (NBFCs).

9) Answer: E

According to data from the Association of Mutual Funds in India (AMFI), Maharashtra,New Delhi, and Goa have the highest mutual fund (MF) penetration in India, due tohigh-income levels, better literacy rates, and high inflows from corporates and net worthindividuals. (HNIs).

However, it is not that all higher-income and developed states have high MF penetrationand all poorerstates lag.

Jharkhand is one of the top 10 states with 13% penetration, MF penetration is not 5-6% in Telangana and Kerala.

Jharkhand has 79% of the state’s assets under management (AUM) in equity, andcompanies mostly invest in credit schemes.Jharkhand ranks 16th in terms of per AUM (Rs 10,750) despite high penetration.

The highest AUMs per capita are in New Delhi, Goa, and Maharashtra.

10) Answer: E

Annual Asia’s Power Businesswomenlist, which includes 20 women from the Asia-Pacific area, has been released by Forbes Asia.Three Indian ladies are also included on the list of powerful women.

The 20 women highlighted are new to the list and help Forbes Asia’s network ofinfluential women in the region grow. 2022’s Top Asian Businesswomen:Ghazal Alagh, co-founder and chief innovation officer of Honasa Consumer,

Mamaearth’s parent company is the first Indian woman to be mentioned on the list. She co-founded the Gurgaon-based business in 2016 with her CEO-husband Varun.The company owned by Alagh became a unicorn in January of this year.Powerful Businesswomen in Asia Soma Mondal in 2022

Soma Mondal, the first woman to lead the state-run steel company SAIL, is the secondentrepreneur from India on the list.Namita Thapar, executive director at India business of Emcure Pharma, is the third Indian to be named of Forbes Asia’s Power Businesswomen 2022 list.

11) Answer: A

Max Life Insurance Company Ltd. has announced a life insurance product distributiontie-up with Tacterial Consulting Private Limited (Ditto).

Aim:To leverage Ditto’s diversified insurance advisory platform to offer Max Life’s plans toonline customers.

In the initial phase, Ditto will sell multiple variations of Max Life’s protection planproviding comprehensive coverage against Death, Disease &Disability along with applicable riders facilitated via a seamless digital distribution model.

The tie-up aims to improve Max Life’s customer experience by leveraging Ditto’sinsurance advisory capabilities and technological prowess to enhance life insurance penetration in the country.

12) Answer: C

Justice Shri Dhananjaya Yashwant Chandrachud took oath as the 50th Chief Justice of India (CJI) after over 6 years as a judge of the Supreme Court.

He will have a term of over two years till November 10, 2024 - making it one of the longestterms for a CJI in the recent past.

President DroupadiMurmu administered the oath at a brief ceremony held at theRashtrapati Bhavan.

Justice Shri Chandrachud succeeds Justice Shri UU Lalit who retired on November 8 after a74-day stint.

13) Answer: C

India is participating in 26th International Malabar Naval Exercise in Yokosuka of  Japan. The exercise is scheduled to be held from November 8 to 18,2022.

Australia, Japan, and the United States of America (USA) are also participating in theMalabar Naval Exercise.2022 marks the 30th anniversary year of Exercise MALABAR.

The participating Indian Naval Ships Shivalik and INS Kamorta are indigenouslydesigned and form part of the Indian Navy’s Eastern Fleet based at Visakhapatnam,Andhra Pradesh (AP).

The Eastern Fleet commander, Rear Admiral Sanjay Bhalla will have operationaldiscussions with the commander of the US Seventh Fleet and Commander Escort Force 3 (JMSDF) as part of Malabar-22.

The Indian Navy will also participate in the International Fleet Review (IFR) beinghosted in the first week of November to commemorate the 70th anniversary of the Japanese Maritime Self-Defence Force (JMSDF).

14) Answer: A

The India Space Research Organisation (ISRO) has successfully conducted a hot test of the Agnilet - single piece, fully 3d printed, 2nd stage semi cryo rocket engine developed by Agnikul Cosmos Private Limited, an aerospace startup.

The hot test was conducted by firing the Agnilet Engine at its Vertical Test Facility,Thumba Equatorial Rocket Launching Station (TERLS), Thiruvananthapuram,Kerala.

The company has also unveiled Rocket Factory- 1, the country’s first-ever rocket facility for large-scale printing of such rocket engines at the IIT Madras Research Park.

Agnilet Engine is a regeneratively cooled 1.4 kN semi-cryogenic engine, working at achamber pressure of 10.8 bar(a) using Liquid oxygen and Aviation Turbine Fuel (ATF) as propellants.

This engine is realized through state-of-the-art 3D printing technology and the material ofconstruction is INCONEL-718.

The test was carried out as part of an MOU signed between ISRO and M/s Agnikul CosmosPvt. Ltd. to provide the opportunity for Indian space start-ups to use facilities of ISRO through IN-SPACe  (Indian National Space, Promotion and Authorisation Centre).

15) Answer: C

Adidas AG appointed former Puma Societas Europaea chief executive officer (CEO) Mr. Bjorn Gulden as its next CEO effective Jan.1, 2023. Mr. Gulden will replace Mr. Kasper Rorsted, Adidas’ CEO since 2016.

Adidas chief financial officer Harm Ohlmeyer will serve as interim CEO until the end ofthe year, Dec 31, 2022.

Puma, a German multinational corporation, appointed Arne Freundt after its CEO Bjorn Gulden resigned from the post to head Adidas.

16) Answer: C

Exim Bank was established by the Indian government under the Export-ImportBank of India Act, 1981 as an export credit provider, replicating worldwideexport credit agencies. Headquarters: Mumbai.

17) Answer: B

NABARD is an apex development bank, established in 1982 by a Special Act ofParliament. Committee to Review the Arrangements For InstitutionalCredit for Agriculture and Rural Development” under the Chairmanship of B.Sivaraman.

18) Answer: C

The minimum paid-up voting equity capital for small finance banks shall be Rs.200crores.

19) Answer: D

The Iranian rial (IRR) is the national currency of the Islamic Republic of Iran.

20) Answer: E

Qualifications to be the Chief Justice:

• The CJI should be a citizen of India.
• A person has been for at least five years a Judge of a High Court or two or more such Courts in succession or
• Have been for at least ten years an advocate of a High Court or two or more such Courts in succession, or
• Be, in the opinion of the President, a distinguished jurist.
• The retirement age of Supreme Court judges is 65 years.