Daily Current Affairs Quiz – 08th January 2022

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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2022 of 08th January 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 the Union Cabinet has approved the signing of a Memorandum of Understanding between India and which country on Cooperation in the field of Disaster Management?

(a) Turkmenistan

(b) Uzbekistan

(c) Afghanistan

(d) Myanmar

(e) Nepal

2) Recently the Union Cabinet has approved the signing of Agreement between India and which Country on Cooperation and Mutual Assistance in Customs Matters?

(a) Iran

(b) Iraq

(c) Spain

(d) USA

(e) Bangladesh

3) Recently the Union Cabinet has approved the Memorandum of Understanding between India and Nepal for construction of a bridge over which River?

(a) Sarda

(b) Tamor

(c) Koshi

(d) Rapti

(e) Mahakali

4) Recently the Cabinet Committee has approved the Green Energy Corridor Phase-II for InSTS for the addition of __________ circuit kilometres of transmission lines.

(a) 9,750

(b) 10,750

(c) 11,750

(d) 12,750

(e) 13,750

5) Recently the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry has organized the Startup India Innovation Week between____________________.

(a) January 1th to 6th, 2022

(b) January 6th to 11th, 2022

(c) January 10th to 16th, 2022

(d) January 2nd to 7th, 2022

(e) January 3rd to 8th, 2022

6) Recently, the RBI has cancelled CoA of Muthoot Vehicle and Asset Finance Ltd and Eko India Financial Services for non-compliance with regulatory requirements. What does CoA stand for?

(a) Certificate of Appointment

(b) Certificate of Authority

(c) Certification of Authorization

(d) Certificate of Authorization

(e) Certified over Authorization

7) Recently the NHPC Limited has signed a promoter Agreement with GEDCOL for Development of 500 MW Floating Solar Projects in which State?

(a) Assam

(b) Sikkim

(c) Odisha

(d) Gujarat

(e) Haryana

8) Which State has been awarded first prize in the state category of the 3rd National Water Awards 2020?

(a) Rajasthan

(b) Tamil Nadu

(c) Uttar Pradesh

(d) Madhya Pradesh

(e) Maharashtra

9) Who has been appointed as the chairman of the Commission for Agricultural Costs and Prices?

(a) Rajeev Shrivastava

(b) Anish Kapoor

(c) Raghav Trivedi

(d) Deendayal Rajput

(e) Vijay Paul Sharma

10) Who among the following has been appointed as the next Ambassador of India to Mexico?

(a) Pankaj Sharma

(b) Yogesh Sharma

(c) Sudhir Singh

(d) Sumit Dwivedi

(e) Neeraj Parth

11) Who has been appointed as the Deputy Managing Director of Axis Bank till August 3, 2022?

(a) Rajiv Anand

(b) Ayush Patel

(c) Ravi Rajput

(d) Vivek K. Singh

(e) Arpit Singh

12) Which state has recently launched the portal UNNATI and the mobile app of HP State Industrial Development Corporation?

(a) Madhya Pradesh

(b) Uttar Pradesh

(c) Himachal Pradesh

(d) Assam

(e) Arunachal Pradesh

13) Which Company has bought a 25.8 percent stake in Bangalore-headquartered Dunzo, India’s leading quick commerce player?

(a) Reliance Retail

(b) Reliance Jio

(c) Amazon

(d) Flipkart

(e) Ajio

14) Which Company has recently acquired a 5% equity stake in Power Exchange of India Ltd?

(a) SAIL

(b) NTPC

(c) Adani Power

(d) Reliance Power

(e) Tata Power

15) Which State has stood first among the country in the list of highest number of ODF Plus villages under the Swachh Bharat Mission (Grameena) Phase-II?

(a) Uttarakhand

(b) Jharkhand

(c) Karnataka

(d) Telangana

(e) Tamil Nadu

16) What is the name of Neeraj Chopra’s Coach whose contract has been extended till the 2024 Paris Games?

(a) Jurgen Klopp

(b) Klaus Bartonietz

(c) Phil Jackson

(d) Steve Nash

(e) Urban Meyer

17) Recently passed Centenarian Freedom fighter and BJP leader K Ayyappan Pillai belonged to which of the following State?

(a) Telangana

(b) Andhra Pradesh

(c) Tamil Nadu

(d) Karnataka

(e) Kerala

18) What is the name of the recently passed Shillong Chamber Choir founder and noted music composer?

(a) Kanaklata Baruah

(b) Lachit Borphukan

(c) Neil Nongkynrih

(d) Chilarai

(e) Bagh Hazarika

19) What is the reverse repo rate as per the recent Monetary Policy of Reserve Bank of India?

(a) 4.00%

(b) 18.00%

(c) 4.50%

(d) 4.25%

(e) 3.35%

Answers :

1) Answer: A

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the signing of Memorandum of Understanding (MoU)between India and Turkmenistan on Cooperation in the field of Disaster Management.  The MoU seeks to put in place a system whereby both India and Turkmenistan will benefit from the Disaster Management mechanisms of each other and it will help in strengthening the areas of preparedness, response and capacity building in the field of Disaster Management.

2) Answer: C

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the signing of Agreement between India and Spain on Cooperation and Mutual Assistance in Customs Matters. The Agreement would provide a legal framework for sharing of information between the Customs authorities of the two countries and help in the proper administration of Customs laws and detection and investigation of Customs offenses and the facilitation of legitimate trade.

3) Answer: E

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved the Memorandum of Understanding (MoU) between India and Nepal for construction of a bridge over Mahakali River at Dharchula (India) -Dharchula (Nepal).India and Nepal share unique ties of friendship and cooperation characterized by an open border and deep-rooted people-to-people contacts of kinship and culture.  Both India and Nepal have been working together on different regional forums i.e. SAARC, BIMSTEC as well as global fora.

4) Answer: B

The Cabinet Committee on Economic Affairs has approved the scheme on Green Energy Corridor (GEC) Phase-II for Intra-State Transmission System (InSTS) for addition of approximately 10,750 circuit kilometers (ckm) of transmission lines and approx. The scheme will facilitate grid integration and power evacuation of approximately 20 GW of Renewable Energy (RE) power projects in seven States namely, Gujarat, Himachal Pradesh, Karnataka, Kerala, Rajasthan, Tamil Nadu and Uttar Pradesh. The scheme is targeted to be set up with total estimated cost of Rs. 12,031.33 crore and Central Financial Assistance (CFA) @ 33 percent of the project cost i.e. Rs. 3970.34 crore. 

5) Answer: C

The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry is set to organize the Startup India Innovation Week from January 10th to 16th, 2022. This week-long virtual innovation celebration aims to commemorate the 75th year of India’s Independence Azadi Ka Amrit Mahotsav.  The programme is expected to bring together top policy makers, industry, academia, investors, startups, and all ecosystem enablers from across the globe.

6) Answer: D

Reserve Bank of India (RBI) has cancelled the authorization certificates of Muthoot Vehicle and Asset Finance Ltd and Eko India Financial Services Private Ltd for non-compliance with regulatory requirements. Both the Payment System Operators (PSOs) had authorization for the issuance and operation of prepaid payment instruments. The RBI, following the cancellation of the Certificate of Authorization (CoA), these companies cannot transact the business of issuance and operation of prepaid payment instruments.

7) Answer: C

NHPC Limited, India’s premier hydropower company has signed a Promoters Agreement with Green Energy Development Corporation of Odisha Ltd. (GEDCOL), a leading State PSU in the renewable energy sector in Odisha for Development of 500 MW Floating Solar Projects on different water bodies in Odisha. The equity shareholding of NHPC and GEDCOL in the proposed Joint Venture Company shall be in the proportion of 74:26. NHPC and GEDCOL agreed to jointly establish a Company for implementation of 500 MW Floating Solar Power Projects in Odisha.

8) Answer: C

Uttar Pradesh has been awarded first prize in the state category of the 3rd National Water Awards 2020.  This follows Rajasthan occupying the 2nd place, while Tamil Nadu secured 3rd place.  Jal Shakti Minister Gajendra Singh Shekhawat has declared the winners of the National Water Awards. The 57 awards were announced in 11 categories including Best States, District, Panchayat and Best Industries.  India has more than 18 percent of the world’s population, but has only four percent of the world’s renewable water resources.

9) Answer: E

The Center has reappointed Vijay Paul Sharma as chairman of the Commission for Agricultural Costs and Prices (CACP) after he resigned in May 2021 at the end of his five-year term (2016-2021). Sharma is a Professor in the Center for Management in Agriculture (CMA) at the Indian Institute of Management, Ahmadabad (IIMA). He was Chairman, Commission for Agricultural Costs and Prices (CACP), Ministry of Agriculture and Farmers Welfare, Government of India, for 5 years from June 2016 to May 2021.

10) Answer: A

PankajSharma has been appointed as the next Ambassador of India to Mexico. Pankaj Sharma, an Indian Foreign Service officer of the 1991 batch. He is presently Permanent Representative of India to the UN Conference on Disarmament, Geneva.

11) Answer: A

The Reserve Bank of India has approved the re-designation of Rajiv Anand as the Deputy Managing Director of Axis Bank till August 3, 2022.  In October 2021, the board of directors of the bank approved to re-designate Rajiv Anand as the Deputy Managing Director of the bank, subject to approval of the Reserve Bank of India. He was appointed as a director of Axis bank in May 2016 and thereafter as the Executive Director (Retail Banking) in August 2016. He has been the Executive Director (Wholesale Banking) of the bank since December 2018.

12) Answer: C

Himachal Pradesh Chief Minister Jai Ram Thakur launched the portal UNNATI and the mobile app of HP State Industrial Development Corporation (HPSIDC). The chief minister also launched the website of the HPSIDC. The UNNATI portal would give users the ability to work in collaboration with others and focus on individual projects.  It allows real-time collaboration, & allows users to share and work on documents together from any place and any time.

13) Answer: A

Reliance Retail has bought a 25.8 percent stake in Bangalore-headquartered Dunzo, India’s leading quick commerce player, for USD 200 million (around Rs 1,488 crore). The capital will be used to further Dunzos vision to be the largest quick commerce business in the country, enabling instant delivery of essentials from a network of micro warehouses while also expanding its B2B business vertical to enable logistics for local merchants in cities across the country. At present, Dunzo is available across seven metro cities in India and the additional capital will be used to expand the quick commerce business to 15 cities.

14) Answer: B

State-run power giant NTPC is acquiring a 5 percent equity stake in Power Exchange of India Ltd (PXIL). The decision has been taken in view of the government’s intention to increase theshare market to25 percent of total electricity supply in India by 2023-24″. As per industry data, short-term trading is around 14 – 15 percent of total power supply in India and most of that is bilateral PPAs (power purchase agreements) while the exchange trading is 5 percent.

15) Answer: D

Telangana stood first in the country in the list of highest number of open defecation free (ODF Plus) villages under the Swachh Bharat Mission (Grameena) Phase-II programme till December 31, 2021. As many as 13,737 out of 14,200 villages in the State are in the ODF Plus list, which is 96.74%.Tamil Nadu came in second with 4,432 villages (35.39 per cent), and Karnataka came in third with 1,511 villages (5.59 %). Gujarat was ranked 17th, with only 83 villages (0.45%).

16) Answer: B

Olympic champion Neeraj Chopra will continue to train with his German coach Klaus Bartonietz, whose contract has been extended till the 2024 Paris Games. The Athletics Federation of India (AFI) informed Neeraj Chopra’s CoachDr. Klaus Bartonietz to secure the service till the 2024 Paris Games.

17) Answer: E

On Jan 05, 2021, Centenarian Freedom fighter and BJP leader K AyyappanPillai passed away at the age of 107. AyyappanPillai born on 24 May 1914, MundanaduTrivandrum, Travancore State, British Raj (present-day Kerala).He was an Indian lawyer, politician and writer. Pillai was a senior lawyer and was also a member of Shree MoolamPrajaSabha of Travancore.

18) Answer: C

On Jan 05, 2021, Shillong Chamber Choir founder and noted music composer Neil NongkynrihPassed away at the age of 51. Neil Nongkynrih was born in July 1970 JaiawLangsning, Assam, India. Neil Nongkynrih was awarded the PadmaShri, the fourth highest civilian award of India in 2015. Honorary doctorate for his contributions in the field of music, NIT Meghalaya, 2021.

19) Answer: E

About RBI:

  • Headquarters: Mumbai, Maharashtra
  • Founded: 1 April 1935, Kolkata
  • Repo Rate: 4.00%
  • Reverse Repo Rate:3.35%
  • Bank Rate:4.25%
  • Cash reserve ratio (CRR):4.0%
  • Statutory liquidity ratio (SLR):18.00%

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