Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2022 of 12th March 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) Recently on 10th March, CISF has observed its formation day. In which of the following year, it was formed?
(a) 1968
(b) 1969
(c) 1970
(d) 1971
(e) 1972
2) On which of the following date the International Day of Women Judges has been observed recently?
(a) 13th March
(b) 12th March
(c) 11th March
(d) 10th March
(e) 09th March
3) Which of the following division of Indian Railways has recently commissioned India’s first Gati Shakti Multi-Modal Cargo Terminal?
(a) Nagpur Division
(b) Itarsi Division
(c) Jhansi Division
(d) Secunderabad Division
(e) Asansol Division
4) Which of the following company has recently won the top spot in the MoPNG Swachchta Pakhwada Awards?
(a) Reliance Petroleum
(b) GAIL
(c) HPCL
(d) ONGC
(e) IOCL
5) Who amongst the following has recently launched the Virtual Smart Grid Knowledge Center and Innovation Park virtually as part of the Azadi ka Amrit Mahotsav Programme?
(a) Prahlad Joshi
(b) Ramesh Teli
(c) R.K. Singh
(d) Rajnath Singh
(e) Giriraj Singh
6) Which of the following edition of the National Youth Parliament Festival was held in the Central Hall of Parliament, New Delhi?
(a) Third
(b) Fourth
(c) Fifth
(d) Tenth
(e) First
7) Which stock exchange has recently partnered with the Bharatiya Swarnkar Sangh and Jamshedpur Jeweler’s Association with an aim to deepen commodities derivatives trade?
(a) National Stock Exchange, India
(b) Bombay Stock Exchange, India
(c) London Stock Exchange, UK
(d) New York Stock Exchange, USA
(e) Both a and b
8) Till when the Reserve Bank of India has extended the Interest Equalization Scheme for pre and post-shipment rupee export credit up?
(a) December 31, 2022
(b) March 31, 2023
(c) April 30, 2024
(d) March 31, 2024
(e) March 31, 2026
9) Which of the following organisation is not regulated and supervised as an All India Financial Institution by it under the RBI Act, 1934?
(a) Export-Import (EXIM) Bank
(b) National Housing Bank
(c) Small Industries Development Bank of India
(d) National Bank for Agriculture and Rural Development
(e) Stock Exchange Board of India
10) Which of the following company has recently announced a 5-year global partnership with Mastercard to launch credit cards worldwide?
(a) Meta
(b) Beta
(c) Zeta
(d) Quetta
(e) Aetna
11) Which of the following company has launched an “Unnati a co-branded credit card” with credit AI FintechPvt Ltd exclusively for farmers?
(a) BOB Financial Solutions Limited
(b) SBI Financial Solutions Limited
(c) CBI Financial Solutions Limited
(d) HDFC Financial Solutions Limited
(e) Axis Financial Solutions Limited
12) Which of the following company has recently launched a bancassurance partnership with Bharat Co-operative Bank to enhance the reach of life insurance products?
(a) Life Insurance Corporation
(b) The New Insurance Company Limited
(c) Aditya Birla Sun Life Insurance
(d) United India Insurance Company Limited
(e) Bajaj Allianz Life Insurance Company Limited
13) Which of the following state has recently received financial aid of $125 million from World Bank to help poor and vulnerable group’s access social protection services in the state?
(a) Madhya Pradesh
(b) West Bengal
(c) Bihar
(d) Uttar Pradesh
(e) Assam
14) Recently Yoon Suk-yeol has been appointed as the new President of which of the following country?
(a) Italy
(b) Ukraine
(c) Hungary
(d) North Korea
(e) South Korea
15) For how many years the MoU would remain in effect between India and Singapore on cooperation in the fields of Science and Technology, signed recently?
(a) Five
(b) Four
(c) Three
(d) Two
(e) One
16) According to London & Partners, which of the following Indian city has topped globally with $14 billion?
(a) New Delhi
(b) Chennai
(c) Pune
(d) Bangalore
(e) Mumbai
17) Which of the following country has topped the medal standing in International Shooting Sport Federation, ISSF World Cup 2022?
(a) Russia
(b) India
(c) France
(d) Japan
(e) China
18) Who amongst the following has recently authored the book titled On Board: My Years in BCCI?
(a) Ratnakar Shetty
(b) Anil Kumble
(c) Sachin Tendulkar
(d) Mohammad Kaif
(e) Ajay Jadeja
19) Which of the following National Park is not located in Tamil Nadu?
(a) Mudumalai National Park
(b) Guindy National Park
(c) Mukurthi National Park
(d) Indira Gandhi National Park
(e) Pampadum Shola National Park
20) Which of the following Ramsar Sites is located in Himachal Pradesh?
(a) Chandra Taal
(b) Deepor Beel
(c) Harike Wetland
(d) Bhoj Wetland
(e) Ashtamudi Wetland
21) Which of the following is not among the Eight Priority Sectors, listed by the Government of India?
(a) Renewable Energy
(b) MSME
(c) Export-Import
(d) Education
(e) Social Infrastructure
22) The money which is available at high-interest rates and hence restricts the expenditure of companies is called ___________.
(a) Hot Money
(b) Fiat Money
(c) Dear Money
(d) Barren Money
(e) Hard Currency
23) On the basis of which of the following committee, Regional Rural Banks were established by the Government of India?
(a) Radhakrishnan Committee
(b) Ajay Mishra Committee
(c) Prabodh Iyer Committee
(d) Narasimhan Committee
(e) M. Visvesvaraya Committee
24) What is the minimum tenure for the Scheduled commercial banks to issue the Certificate of deposits?
(a) 1 day
(b) 2 day
(c) 5 day
(d) 7 day
(e) 14 day
Answers :
1) Answer: B
In the year 1969, the CISF was set up on March 10 and three battalions were formed under the CISF act 1968, which was passed by the Parliament of India. Central Industrial Security Force is for the central armed police force in India. It is one of the six paramilitary forces in India functioning under the Union Home Ministry.
2) Answer: D
In 2022, 10 March will be celebrated as the International Day of Women Judges. The day will be celebrated and observed for the first time after the UN General Assembly passed the resolution concerning the same in April 2021. The International Day of Women Judges is celebrated to promote the presence of women in the judicial field and strengthen the legal system.
3) Answer: E
In pursuance of the Prime Ministers vision, Gati Shakti and the Ministry of Railways Policy regarding Gati Shakti Multi-Modal Cargo Terminal (GCT), Asansol division of Indian Railways has successfully commissioned private siding of Maithan Power Limited at Thaparnagar. This is the FIRST such GCT commissioned in Indian Railways since the publication of GCT policy in Dec.2021.
4) Answer: E
The MoPNG Swachchta Pakhwada Awards were presented to the winners by the Minister of Petroleum and Natural Gas Shri Hardeep Singh Puri. Based on their performance in the event, IOCL was ranked first, ONGC second and HPCL came third.
5) Answer: C
Union Minister for Power R.K. Singh has launched the Virtual Smart Grid Knowledge Center (SGKC) and Innovation Park virtually as part of the Azadi ka Amrit Mahotsav Programme. The SGKC has been established by POWERGRID for the demonstration and advancement of frontier smart grid technologies.
6) Answer: A
The 3rd edition of the National Youth Parliament Festival (NYPF) on March 10 and 11, 2022, in the Central Hall of Parliament, New Delhi. The main aim of the National Youth Parliament is to offer a platform for youth to voice their thoughts opinions and dreams.
7) Answer: B
Stock exchange BSE has collaborated with the Bharatiya Swarnkar Sangh (BSS) and Jamshedpur Jewellers Association (JJA) with an aim to deepen commodities derivatives trade and proposed electronic gold receipt (EGR) markets in India. This will also encourage commodity stakeholders to hedge on exchanges.
8) Answer: D
The Reserve Bank of India (RBI) issued modified norms on Interest Equalization Scheme for pre and post-shipment rupee export credit up after the extension of the scheme till March 31, 2024 by the government. The extension takes effect from October 1, 2021.
9) Answer: E
The Reserve Bank of India (RBI) stated that National Bank for Financing Infrastructure and Development (NaBFID) will be regulated and supervised as an All India Financial Institution by it under the RBI Act, 1934. It shall be the 5th AIFI after Export-Import (EXIM) Bank, National Bank for Agriculture and Rural Development(NABARD), National Housing Bank (NHB) and Small Industries Development Bank of India (SIDBI).
10) Answer: C
Zeta, a banking tech unicorn and provider of next-gen credit card processing to banks and fintech, and Mastercard announced a 5-year global partnership. As part of the agreement, the firms will go to market jointly to launch credit cards with issuers worldwide on Zetas modern, cloud-native, and fully API-ready credit processing stack.
11) Answer: A
BOB Financial Solutions Limited (BFSL), a wholly-owned subsidiary of Bank of Baroda (BoB), and credit AI Fintech Pvt Ltd (CAI) have launched Unnati a co-branded credit card exclusively for farmers. The Unnati Credit Card will empower Farmers to avail agricultural inputs in time and at any time during the cultivation cycle.
12) Answer: C
Aditya Birla Sun Life Insurance (ABSLI), the life insurance subsidiary of Aditya Birla Capital Limited (ABCL), and Bharat Co-operative Bank (Mumbai) Ltd. have announced their bancassurance partnership with an aim of combining synergies to enhance the reach of life insurance products.
13) Answer: B
The Government of India, the Government of West Bengal, and the World Bank signed a $125 million IBRD loan to support efforts to help poor and vulnerable groups access social protection services in the state of West Bengal. It will focus on vulnerable groups such as women, tribal and scheduled caste households, and the elderly, as well as households in the states disaster-prone coastal regions.
14) Answer: E
On March 09, 2022, Yoon Suk-yeol won the 2022 South Korean presidential election to be elected as the new President of the country. He will succeed incumbent President Moon Jae-in.
He is scheduled to assume office as president on May 10, 2022, for a fixed term of five years.
15) Answer: A
A MoU on cooperation in the fields of Science, Technology and Innovation signed between the Department of Science & Technology, Government of India, and Ministry of Trade & Industry, Government of Singapore. The Memorandum will remain in effect for a period of 5 years and will be automatically extended for a successive period of 5 (five) years.
16) Answer: D
According to the London & Partners analysis of Dealroom.co investment data, India is the second-largest global venture capital investment hub for digital shopping companies, growing by a whopping 175% from $8 billion in 2020 to $22 billion in 2021. Within India, Bengaluru tops globally with $14 billion.
17) Answer: B
India has taken first place in the medal standing in International Shooting Sport Federation, ISSF World Cup 2022 in Cairo. India has taken first place in the medal standing in International Shooting Sport Federation, ISSF World Cup 2022 in Cairo.
18) Answer: A
A book titled On Board: My Years in BCCI, an autobiographical account of Ratnakar Shetty experiences as an administrator. Shetty went on to be the BCCIs first Chief Administrative Officer after serving the MCA in various capacities. The book was released by Sharad Pawar, the former president of the MCA, BCCI and International Cricket Council.
19) Answer: E
About Tamil Nadu:
Governor: RavindraNarayana Ravi
Chief Minister: M. K. Stalin
Capital: Chennai
National Park: Mudumalai National Park, Guindy National Park, Mukurthi National Park, Indira Gandhi National Park, Gulf of Mannar Marine National Park.
20) Answer: A
At present India has a total of 49 Ramsar Sites. A few of the old Ramsar Sites are mentioned below.
21) Answer: C
“The priority sector refers to the sectors of the economy which may not get timely and adequate credit in the absence of this special dispensation”. The Priority sector includes- Agriculture, MSME, Export Credit, Education, Housing, Social Infrastructure, Renewable Energy and Others.
22) Answer: C
“The money which is available at high-interest rates and hence restricts the expenditure of companies is called Dear Money”. Due to the restricted money supply, interest rates will be pushed up. Hence, it is very difficult to raise money during this period of dear money.
23) Answer: D
About Regional Rural Bank (RRB):
After the nationalization, of banks in 1960 there were problems that made it difficult for commercial banks even under government ownership to lend to farmers.
The government set up the Narasimhan Working Group in 1975.
First RRB: PrathamaGrameen Bank
The RRBs were owned by three entities with their respective shares as follows: Central Government → 50% State government → 15% Sponsor bank → 35
24) Answer: D
About Certificate of deposits (CD):
It was introduced in 1989.
The Scheduled commercial banks (except RRB, local area banks), all Indian financial institutions are permitted by Rbi to purchase the CD.
The tenure of CD is 7 days to one year.
Financial institutions cannot issue less than 1 year and not exceed 3 years.
The denomination of CD is 1 lakh and multiple of it.
