Current Affairs Quiz

Daily Current Affairs Quiz – 02nd June 2022

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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2022 of 02nd June 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 in May, The gross GST revenue collected in May 2022 is ₹1,40,885 crore which is __________ time since the inception of GST the monthly GST collection crossed the ₹1.40 lakh crore mark

A) 3rd

B) 4th

C) 5th

D) 6th


2) Consider the following statement regarding ‘Bhavishya’ software.

  1. Bhavishya is an online Pension Sanction and Payment Tracking System implemented by the Ministry of Personnel, Public Grievances & Pensions.
  2. Digi Locker is the flagship initiative of the Ministry of Electronics & IT (MeitY) under the Digital India program. It is the national Digital Locker System.

Which of the following statement is correct?

A) Only 1

B) Only 2

C) Both 1 & 2

D) None of the above


3) World Milk Day is celebrated every year on __________ all over the world to mark the contributions of the milk and dairy sector.

A) 1st June

B) 2nd June

C) 3rd June

D) 4th June


4) Consider the following statement regarding Biodiversity Policy 2022.

  1. NTPC released renewed Biodiversity Policy 2022.
  2. NTPC was the first PSU to issue Biodiversity Policy in 2018. In the same year, NTPC became a member of the India Business & Biodiversity Initiative (IBBI).
  3. NTPC has also signed a five-year agreement with the Andhra Pradesh Forest Department for the conservation of Olive Ridley Turtles on the coastline of Andhra Pradesh

 Which of the following statement is correct?

A) Only 1 & 2

B) Only 2 & 3

C) Only 1 & 3

D) All of the above


5) Recently in June The Indian men’s hockey team won bronze in Hockey Asia Cup 2022 after defeating ____________1-0 in the third-Place match.

A) South Korea

B) Australia

C) Japan

D) Singapore


6) Consider the following statement regarding ICC Men’s T20 World Cup 2024.

  1. The ICC Men’s T20 World Cup 2024 featuring record 20 teams will take place in the USA and the West Indies.
  2. Among the total 66 teams in the qualification, three teams – Hungary, Serbia, and Romania- will be making their debut at the event.

Which of the following statement is correct?

A) Only 1

B) Only 2

C) Both 1 & 2

D) None of the above


7) Consider the following statement regarding ICC Women’s Championship.

  1. The next edition of the ICC Women’s Championship was announced by the ICC with two new teams Bangladesh and Ireland – ranked 9th and 10th added to the mix, making it a 10-team league.
  2. As a part of the revamped ICC Cricket World Cup pathway, five Associate women’s teams – Netherlands, Papua New Guinea, Scotland, Thailand, and the USA – have been given ODI status with immediate effect.

Which of the following statement is correct?

A) Only 1

B) Only 2

C) Both 1 & 2

D) None of the above


8) Consider the following statement regarding India’s communication satellite GSAT-24.

1.NewSpace India Limited (NSIL), a government organization under the Department of Space (DoS), will be undertaking the GSAT-24 satellite mission as its first Demand Driven mission post space reforms

  1. The GSAT-24 is a 24-Ku band communication satellite that will meet the DTH application needs across the country. The satellite weighs around 4180 kg.
  2. The satellite will be launched aboard an Ariane-V rocket by Arianespace from Kourou in French Guiana

Which of the following statement is correct?

A) Only 1 & 3

B) Only 2 & 3

C) Only 1 & 2

D) All of the above


9) Recently in June ____________ had taken charge as a whole-time member (WTM) of  The Securities and Exchange Board of India.

A) Anup Bagchi

B) Ashwini Bhatia

C) Nitin Chugh

D) Jaynata V Verma


10) Recently in May ________________ extend the term of its Managing Director and CEO PN Vasudevan by a year instead of the earlier proposal for three years.

A) Ujjivan Small Finance Bank

B) Utkarsh Small Finance Bank

C) Jana Small Finance

D) Equitas Small Finance Bank


11) Recently in June _____________   launched its new health insurance vertical to leverage the expansive footprint to further entrench health insurance penetration in Tier 3 and 4 markets across India.

A) Bank of Baroda

B) SBI General Insurance

C) HDFC Bank

D) ICICI Prudential Life Insurance


12) Recently In June ________________  &  Thaicom sign pact for broadband-over-satellite services to form a strategic partnership to enter the broadband-over-satellite market and related services in India.

A) Reliance Jio

B) Bharti Airtel

C) Vodafone Idea

D) NXT DIGITAL


13) Consider the following statement regarding India’s 1st Vertical Lift Sea Bridge.

  1. Indian Railways began the construction work on the new 2.05 km Pamban railway bridge in Mandapam, which will connect Rameswaram to the mainland in Tamil Nadu.
  2. The more than a two-kilometer-long bridge, which is likely to cost ₹250 crores, will have a 63-meter stretch.

Which of the following statement is correct?

A) Only 1

B) Only 2

C) Both 1 & 2

D) None of the above


14) Recently in June Jindal Steel & Power (JSP) will install India’s first Rail Wheelset manufacturing plant at _______________ .

A) Indore

B) Pune

C) Raighar

D) Rewa


15) Recently in June ___________ State Government Arogya Sanjeevini cashless treatment scheme for state government employees.

A) Odisha

B) Tamil Nadu

C) Karnataka

D) Madhya Pradesh


16) Recently in June _____________ has crossed the 1 Million Credit Cards mark as per Reserve Bank of India (RBI) data.

A) BOB Financial Solutions Limited

B) SBI General Insurance

C) HDFC Bank

D) ICICI Prudential Life Insurance


17) Recently in June _________________ issued a whitepaper on the RFID-enabled baggage tag “BAGG TRAX” at Airport arrivals.

A) Indira Gandhi International Airport

B) Chhatrapati Shivaji International Airport

C) Netaji Subhas Chandra Bose International Airport

D) Noida International Greenfield Airport


18) Recently in May __________ to construct the world’s largest buildings in a mostly unpopulated part of the country.

A) Kuwait

B) Saudi Arabia

C) UAE

D) Dubai


19) What is the name given to the first electric bus service of Maharashtra State Road Transport Corporation (MSRTC) that was launched on the Pune-Ahmednagar route?

A) Durga

B) Shivaee

C) Shakti

D) Toofan


20) Recently in June _____________has been honored with the Distinguished Leadership Award in recognition of his outstanding career and dedication to public service.

A) Raja Krishnamoorthi

B) Raja Chari

C) Anita Menon

D) Shrisha Bhadra


21) Recently in June _______________ announced its collaboration with BentallGreenOak, a global real estate investment management advisor that is part of the alternatives asset management business of SLC Management, to form a structured credit investment.

A) Aditya Birla Sun Life AMC

B) SBI Cap Ventures

C) Canara Robeco AMC

D) Edelwesis AMC


22) Every Year Global Day of Parents is a United Nations observance that is celebrated on ________to honor parents and their commitment to children worldwide

A) June

B) 2nd June

C) 3RD June

D) 4TH June


23) Recently in June NCAER announced the appointment of  ____________ as the Investor Education and Protection Fund Authority (IEPF) Chair Professor at NCAER.

A) Jyotiraj Angad

B) Mridul Sagar

C) Ashwini Bhatia

D) Ashish Dixit


24) Consider the following statement regarding Times Higher Education Asia University Rankings 2022.

  1. India is the third most-represented country in the Times Higher Education Asia University Rankings 2022, with 71 of its institutes figuring in the list, up from 63 last year.
  2. Indian Institute of Science, Bangalore is the top-ranked Indian institute in the 42nd place.

3.Japan is the most-represented nation again this year, with 118 institutions, up from 116 last year.

Which of the following statement is correct?

A) Only 1 & 2

B) Only 2 & 3

C) Only 1 & 3

D) All of the above


25) Recently seen in the news Cyclone Karim which has created a path in the open seas west of Australia was named by ___________

A) Sri Lanka

B) Seychelles

C) Oman

D) Thailand


26) Recently in June State-owned PFC raised its maiden green bonds of ____________  million euros and have been listed on Luxembourg Stock Exchange (LSE).

400 million euros

300 million euros

200 million euros

100 million euro

Answers :

1) Answer: B

  • The gross GST revenue collected in May 2022 is ₹1,40,885 crore of which CGST is ₹25,036 crore, SGST is ₹32,001 crore,
  • This is only the fourth time the monthly GST collection crossed the ₹1.40 lakh crore mark since the inception of GST and the third month at a stretch since March 2022.
  • The collection in May, which pertains to the returns for April, the first month of the financial year, has always been lesser than that in April, which pertains to the returns for March, the closing of the financial year.
  • GST was introduced through the 101st Constitution Amendment Act, 2016. It has a 4-tier tax structure for all goods and services under the slabs- 5%, 12%, 18%, and 28%.


2) Answer: C

  • The Department of Pension & Pensioners’ Welfare has ensured end-to-end digitization of the Pension payment process by making BHAVISHYA software mandatory for all the Ministries to process their pension cases.
  • This software has laid out deadlines for every stakeholder to complete the Pension processing so that the pension is started on time.
  • Bhavishya is an online Pension Sanction and Payment Tracking System implemented by the Ministry of Personnel, Public Grievances & Pensions.
  • Pension tracking can be done by the individual as well as the administrative authorities for all actions preparatory to grant of pension and other retirement benefits as well as monthly pension paid after retirement.
  • The Ministry of Personnel, Public Grievances & Pensions has decided to integrate the electronic Pension Payment Order (e-PPO) with Digi Locker.
  • This initiative will create a permanent record of pensioners’ respective Pension Payment Order in their Digi Locker and eliminate the necessity of handing over a physical copy.
  • Digilocker – It is a flagship initiative of the Ministry of Electronics & IT (MeitY) under the Digital India program. It is the national Digital Locker System.
  • It aims at ‘Digital Empowerment of citizens by providing access to authentic digital documents to citizen’s digital document wallet.


3) Answer: A

  • World Milk Day is celebrated every year on 1 June all over the world.
  • It is observed to mark the contributions of the milk and dairy sector.
  • World Milk Day was established by the Food and Agriculture Organisation of the United Nations in 2001.
  • The theme for this year’s World Milk Day is “Dairy Net Zero”.
  • India is one of the largest producers of milk in the world. Dr. Verghese Kurein is known as the “Father of the White Revolution” in India.


4) Answer: D

  • NTPC Ltd, India’s largest integrated energy producer has issued renewed Biodiversity Policy 2022 to establish a comprehensive vision and guiding principle for the conservation, restoration, and enhancement of biodiversity.
  • This Biodiversity Policy is an integral part of NTPC’s Environmental Policy.
  • NTPC was the first PSU to issue Biodiversity Policy in 2018. In the same year, NTPC became a member of the India Business & Biodiversity Initiative (IBBI).
  • The power major aims to mainstream the concept of biodiversity across NTPC’s value chain.
  • The company will further strengthen its current efforts to achieve a ’no net loss of biodiversity at all of its currently operating sites.
  • NTPC has also signed a five-year agreement with the Andhra Pradesh Forest Department for the conservation of Olive Ridley Turtles on the coastline of Andhra Pradesh.


5) Answer: C

  • The Indian men’s hockey team won bronze in Hockey Asia Cup 2022 after defeating Japan 1-0 in the third-Place match. India’s Rajkumar Pal gave the team an early lead in the first quarter of the match itself, which they held on to till the end.
  • Japan could not manage to score a single goal despite getting seven penalty corners, while India got just two.
  • The 11th edition of the Men’s Hockey Asia Cup is held at the GBK Hockey Field in Jakarta, Indonesia.


6) Answer: C

  • The ICC Men’s T20 World Cup 2024 featuring record 20 teams will take place in the USA and the West Indies.
  • The ICC T20 World Cup 2024 pathway will begin in June with the first set of qualifying events scheduled to be held in Europe.
  • A total of 66 countries from across the globe, including 28 teams from Europe, 14 from Africa, 9 from Asia, 8 from the Americas, and 7 from the East Asia and Pacific (EAP) regions will compete against each other in the next two years to get a chance to qualify for the ICC Men’s T20 World Cup 2024.
  • Among the total 66 teams, three teams – Hungary, Serbia, and Romania- will be making their debut at the event.


7) Answer: C

  • The next edition of the ICC Women’s Championship was announced by the ICC with two new teams added to the mix, making it a 10-team league.
  • After the success of the ICC Women’s Championship (IWC) 2014-16 and 2017-20, the tournament enters its third iteration for the years 2022-25, with Bangladesh and Ireland – ranked 9th and 10th in the MRF Tyres ICC Women’s ODI Team Rankings – added to the mix this time around.
  • As a part of the revamped ICC Cricket World Cup pathway, five Associate women’s teams – Netherlands, Papua New Guinea, Scotland, Thailand, and the USA – have been given ODI status with immediate effect. Their performances in the one-day games will affect their ODI rankings and count towards qualification for the 2025 World Cup.


8) Answer: D

  • India’s communication satellite GSAT-24 is scheduled for launch on June 22nd, confirmed Indian Space Research Organisation (ISRO) in its mission statement on May 31, 2022.
  • The satellite will be launched aboard the Ariane-V rocket by Arianespace from Kourou in French Guiana.
  • It will be launched aboard the Ariane-V VA257 flight on June 22, 2022.
  • NewSpace India Limited (NSIL), a government organization under the Department of Space (DoS), will be undertaking the GSAT-24 satellite mission as its first Demand Driven mission post space reforms. The company has leased the entire satellite capacity to Tata Play.
  • The GSAT-24 is a 24-Ku band communication satellite that will meet the DTH application needs across the country. The satellite weighs around 4180 kg.
  • GSAT (Geostationary Satellite) satellites are India’s indigenously developed communications satellites. The GSAT satellite system has been developed by ISRO to make India self-reliant in broadcasting services.
  • The last GSAT satellite to be launched was GSAT-30, which was launched aboard Ariane 5 rocket on January 17, 2020, as a replacement for INSAT-4A.


9) Answer: B

  • The Securities and Exchange Board of India (India) announced that Ashwani Bhatia – former managing director at the State Bank of India (SBI) – had taken charge as a whole-time member (WTM) on Tuesday.
  • For the last seven months, the regulator had operated with only two whole-time members, S K Mohanty and Anant Barua.
  • The tenure of Madhabi Puri Buch and G. Mahalingam as WTMs ended last year.
  • The government is yet to appoint a fourth member.
  • Bhatia was appointed as the Sebi member by the Appointments Committee of the Cabinet (ACC) in March this year for an initial period of three years from his date of assumption.


10) Answer: D

  • The board of Equitas Small Finance Bank will seek the Reserve Bank of India’s permission to extend the term of its Managing Director and CEO PN Vasudevan by a year instead of the earlier proposal for three years.
  • Vasudevan’s recent decision to step down from the post to focus on a charitable trust set up by him and his wife.
  • Vasudevan’s tenure as MD and CEO comes to an end on July 23. The board had approved a three-year extension and had applied to the RBI for the same. Now, with the latest developments, the board will be asking for a one-year extension.


11) Answer: B

  • In yet another step towards scaling up its healthcare business, SBI General Insurance launched its new health insurance vertical
  • The company said that it aims to leverage the expansive footprint and network of its parent company State Bank of India (SBI) to further entrench health insurance penetration in Tier 3 and 4 markets across India,
  • Through the vertical, it will manage in-house servicing of all health insurance claims to deliver a superior and hassle-free customer experience,
  • PC Kandpal, MD & CEO, SBI General.


12) Answer: D

  • Hinduja group firm NXT DIGITAL, Thaicom sign pact for broadband-over-satellite services, and Thaicom have signed a memorandum of understanding to form a strategic partnership to enter the broadband-over-satellite market and related services in India.
  • The agreement envisages a partnership that includes the deployment of broadband-over-satellite (BoS) systems on India-focused capacity.
  • The BoS systems could be enhanced to provide additional capacity on a software-defined high throughput satellite, augmenting the existing IPSTAR-1 the first broadband satellite in the world which has been operational over India for the past several years.
  • The pact includes a discussion on a possible partnership in a broadband subsidiary of NDL — OneOTT Intertainment Limited (OIL) — which is India’s fourth-largest private internet service provider with over 1 million customers and a presence in over 150 cities and towns, according to a joint statement by the two companies.


13) Answer: C

  • Indian Railways began the construction work on the new 2.05 km Pamban railway bridge in Mandapam, which will connect Rameswaram to the mainland in Tamil Nadu.
  • The new bridge will help the railways to operate trains at higher speed, carry more weight and increase the volume of traffic between Pamban and Rameswaram
  • The more than two-kilometer-long bridge, which is likely to cost ₹250 crores, will have a 63-meter stretch, which will lift while remaining parallel to the deck to allow access to the ships.
  • “The old Pamban bridge was commissioned on February 24, 1914. The existing bridge structure has a total length of 2,058 meters comprising 146 spans of steel girders.
  • The navigational span is also known as Scherzer rolling lift span after the name of railroad engineer William Scherzer who invented it.


14) Answer: C

  • Jindal Steel & Power (JSP) will install India’s first Rail Wheelset manufacturing plant at its Raigarh facility in Chhattisgarh, the company said in a statement on Friday. JSP has collaborated with GIFLO Steel – Hungary for this ambitious project.
  • The MoU for technology collaboration has been signed between GIFLO Steel – Hungary and Jindal Steel at the “India Hungary Business Forum” organized by the Embassy of Hungary along with FICCI in the national capital on 27 May 2022
  • The plant will have an initial capacity of 25,000 Wheelsets per year. Jindal Steel will also install a Rail forging unit for Asymmetric Rails which are used in Rail track switches, especially for high-speed train tracks.
  • Rail wheelset manufacturing plant will help Indian Railways to speed up the modernization of its Rail infrastructure; by making available world-class rail wheels to realize the vision of “Gati Shakti” by the Government of India.


15) Answer: C

  • Government employees in Karnataka will soon be able to avail cashless medical treatment services.
  • “The Cabinet has already approved the Karnataka Arogya Sanjeevini cashless treatment scheme for state government employees and it would be launched soon.


16) Answer: A

  • BOB Financial Solutions Limited (BFSL), a wholly-owned subsidiary of Bank of Baroda (Bank) that issues and manages Bank of Baroda Credit Cards, has crossed the 1 Million Credit Cards mark.
  • As per Reserve Bank of India (RBI) data, Bank of Baroda Credit Cards has grown 9X over the last four years – from