Home » Daily Current Affairs Quiz – 06th August 2022

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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2022 of 06th August 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) When is Hiroshima Day observed every year?

(a) 7 August

(b) 6 August

(d) 5 August

(e) 10 August

2) Recently, India added 10 new wetlands to the list of Ramsar sites. Totally how many Ramsar sites are there in India?

(a) 56

(b) 61

(d) 64

(e) 59

3) Wild Life (Protection) Amendment Bill, 202 has been approved by Lok Sabha. The number of protected areas in the nation has risen from 693 to _____ over the past eight years.

(a) 854

(b) 987

(d) 921

(e) 792

4) Which organization has reported, that 84 percent of nearly $1 trillion of global investment in energy transition technologies in 2021 was deployed in China, India, Japan, the US, and Europe?

(a) NATO

(b) UNESCO

(d) WTO

(e) UNICEF

5) In which of the following place the World’s largest floating solar power plant is set to be built?

(a) Madhya Pradesh

(b) Assam

(d) Haryana

(e) Sikkim

6) Which of the following bank became the first bank to list Payment Gateway on the new Tax platform?

(a) Axis Bank

(b) IDBI Bank

(d) RBL Bank

(e) Federal Bank

7) Which of the following bank has partnered with Yubi for Co-lending with NBFCs?

(a) Punjab National Bank

(b) Karnataka Bank

(d) YES Bank

(e) HDFC Bank

8) SEBI restructures the market data advisory committee to have _____ members from 21 members.

(a) 20

(b) 24

(d) 19

(e) 25

9) Which organization has allowed insurers to buy more perpetual bonds issued by banks and allowed them to participate in high-yield public listings?

(a) NPCI

(b) SEBI

(d) IRDAI

(e) DICGC

10) Which of the following bank has partnered with Schwing Stetter India Pvt Ltd for financing construction equipment?

(a) UCO Bank

(b) HDFC Bank

(d) Union Bank of India

(e) Karnataka Bank

11) Which insurance company has partnered with Future Generali India Insurance Company to offer dog health covers?

(a) New India Assurance

(b) Acko General Insurance

(d) United India Insurance

(e) Insurance Dekho

12) Which company has partnered with U GRO Capital for co-lending and supply chain financing?

(a) Rubi

(b) Prestige

(d) Yubi

(e) Sequoia

13) Which of the following bank has partnered with Rupyy to offer loans for used cars?

(a) RBL Bank

(b) HDFC Bank

(d) IndusInd Bank

(e) ICICI Bank

14) Which IIT has partnered with NPCI to share innovative ideas and cooperation on the development of domestic digital payment solutions?

(a) IIT Madras

(b) IIT Kanpur

(d) IIT Gandhinagar

(e) IIT Mandi

15) Which of the following has signed an MoU with IISc Bengaluru for collaborative aviation research?

(a) Indian Army

(b) Indian Navy

(d) BSG

(e) NSG

16) Which of the following company has partnered with Indian Railways to ship items on more than 110 intercity routes?

(a) Google India

(b) Infosys

(d) TCS

(e) Wipro

17) Which organization has signed an MoU with Odisha for the next “Make in Odisha” summit in 2022?

(a) RBI

(b) NITI Aayog

(d) SEBI

(e) FICCI

18) Who has been appointed as the Director of the Prime Minister’s Office (PMO) for three years?

(a) Deepak Kumar

(b) Jagjeet Singh

(d) Prabha Narasimhan

(e) Shweta Singh

19) Which of the following has appointed Nalin Negi as its new Chief Financial Officer (CFO)?

(a) Paytm

(b) Google Pay

(d) BharatPe

(e) Phonepe

20) Who has been appointed as the Chief Human Resources Officer of BharatPe?

(a) Smriti Handa

(b) Alvin Tse

(d) Arvind Panagriya

(e) Vinay Kwatra

21) American ride-hailing giant Uber is ready to sell its _____ Stake in Zomato for Rs 3,088 Crore.

(a) 11.6 %

(b) 14.2 %

(d) 13.6 %

(e) 7.8 %

22) NASA has launched two more small helicopters to ______ as part of its effort to return Martian rocks and soil samples to Earth.

(a) Venus

(b) Mars

(d) Jupiter

(e) Saturn

23) Murali Sreeshankar wins the silver medal in the Birmingham 2022 Commonwealth Games. Did he relate with which sports?

(a) Wrestling

(b) Squash

(d) Long Jump

(e) Triple Jump

24) Former boxing world champion Johnny Famechon passed away at the age of 77. He belongs to which country?

(a) France

(b) England

(d) Australia

(e) USA

25) Recently, Tania Sachdev Shines in news. She is related to which sports?

(a) Lawn ball

(b) Tennis

(d) Golf

(e) Badminton

Answers :

1) Answer: B

Hiroshima Day is observed every year on August 6 to promote peace politics and raise awareness of the effects of the bomb attack on Hiroshima.
Hiroshima city was attacked by an atomic weapon that killed thousands of lives instantly on August 6, 1945.
Today is the 77th anniversary of the atomic bombing of the Japanese city.
It was the first city to be attacked by a nuclear bomb.

2) Answer: D

India now has 64 Ramsar sites altogether after adding 10 wetlands to the list.
The 10 additional sites consist of one (1) site each in Goa, Karnataka, Madhya Pradesh, and Odisha, as well as six (6) locations in Tamil Nadu.
The designation of these areas would aid in the management and protection of wetlands and the efficient utilization of their resources.
The Ramsar Convention was established in 1971 at Ramsar, Iran, and India is one of its Contracting Parties.
On February 1st, 1982, India signed it.

3) Answer: B

The Lok Sabha passes the Wild Life (Protection) Amendment Bill, 2021.
Some species are currently protected under the Wild Life (Protection) Act of 1972, but the proposed law would also put CITES, the Convention on International Trade in Endangered Species of Wild Fauna and Flora, into effect.
However, the Bill still has to be approved by the Rajya Sabha.
Development and the environment are accorded equal weight by the government.
The number of protected areas in the nation has risen from 693 to 987 over the past eight years, including 52 tiger reserves.

4) Answer: C

According to a United Nations (UN) report, 84 percent of nearly $1 trillion of global investment in energy transition technologies in 2021 was deployed in China, India, Japan, the US, and Europe.
The findings were presented in the third brief of the Global Crisis Response Group (GCRG) on Food, Energy, and Finance, which was released by UN Secretary-General António Guterres and United Nations Conference on Trade and Development (UNCTAD) Secretary-General Rebeca Grynspan.

5) Answer: A

The World’s largest floating Solar Power Plant will be constructed in Omkareshwar Dam in the Narmada river in Khandwa district, Madhya Pradesh.
To boost power generation capacity in the MP & address electricity problems in the central region.
The project is estimated to be worth over ₹3000 crores. It will generate 600 Megawatt power by 2022-23.
With the new floating solar plant, Khandwa will become the only district in the MP to have all three things including solar, hydel, and thermal with over 4,000MW power to be produced from a single district

6) Answer: E

Federal Bank has become India’s first bank to list its Payment Gateway platform on the TIN 2.0 platform of the Income Tax Department.

About Tax Information Network (TIN):

With this, TIN 2.0 platform taxpayers will get one more payment option and now make their payments with ease, using modes such as Credit/Debit Card, UPI, NEFT/RTGS, and Internet Banking.
Tax Information Network (TIN) is an initiative by the Income Tax Department of India (ITD) for the collection, processing, monitoring, and accounting of direct taxes using information technology.

7) Answer: B

Karnataka Bank has entered into an arrangement with Yubi (formerly known as CredAvenue Pvt Ltd) for co-lending via the Yubi Co.Lend, India’s co-lending platform.

Aim :

To provide credit to the underserved sectors and accelerate financial inclusion in India.
This collaboration will allow Karnataka bank to digitally onboard various Non-Banking Financial Companies (NBFCs), lend significant amounts of money, and onboard a larger customer base as a result of their better consumer outreach.

8) Answer: A

The Securities and Exchange Board of India (SEBI) has restructured its advisory committee on market data that recommends policy measures for securities market data access and privacy.
Currently, the market data advisory committee will have 20 members.
Earlier, the committee had 21 members.

Key Highlights :

The committee is chaired by S Sahoo, Professor at National Law University, Delhi, and former chairperson of the Insolvency and Bankruptcy Board of India (IBBI).

9) Answer: D

The Insurance Regulatory and Development Authority of India (IRDAI) has allowed insurers to buy more perpetual bonds issued by banks and allowed them to participate in high-yield public listings.
The aggregate value of the AT1 (level one additional) bonds held in a particular bank, at any time, will not exceed 10% of the total outstanding AT1 Bonds of that particular bank.
AT1 bonds have no fixed maturities and are raised to shore up the capital base.
These quasi-equity securities generate much higher returns than traditional bonds, as the risk is also higher.
The public holding in InvITs/REITs should not be less than 30 percent of the total outstanding units of InvITs/REITs at the time of investment
It states that no insurer shall invest more than 20 percent of the outstanding debt instruments in any one invitation/REIT.

10) Answer: E

Karnataka Bank has signed a Memorandum of Understanding (MOU) with SCHWING Stetter India Pvt Ltd one of India’s major construction equipment manufacturers for financing construction equipment.
The collaboration is expected to broaden the bank’s Micro, Small, and Medium Sized Enterprises (MSME) financing prospects.
Under this collaboration, both partners will be able to provide consumers with customized financial solutions.
With this development, the bank will be designated as a financial partner and will be able to meet the needs of its customers by providing competitively priced loans to purchase a vast range of construction equipment.

11) Answer: E

Insurance start-up InsuranceDekho has partnered with Future Generali India Insurance Company to offer dog health covers.
The pet insurance policy as of now has a starting premium of about ₹324 annually.
It offers comprehensive coverage for over 25 breeds of dogs, aged 6 months to 10 years.
With this pet insurance plan, financial assistance is offered for expenses incurred by pet parents towards hospitalization (including pre and post-hospitalization), treatment of terminal illness, and surgery, subject to certain terms and conditions.
It is estimated that pet insurance (including cattle) in India will witness an increase of at least 14 percent to achieve $490 million at the end of the year 2022.
Globally, the pet insurance market is anticipated to reach USD 32.7 billion by 2030.

12) Answer: D

Yubi has agreed with U GRO Capital, a new generation Lending-as-a-Service (LaaS) business that leverages technology to deliver last-mile credit to MSMEs with the financing of more than INR 2000 crore by March 2023 in India.

To solve the financial challenges faced by MSMEs by building deep expertise in the sector coupled with a data-centric, technology-enabled approach.
The partnership will see the integration of Yubi Co.Lend and Yubi Flow with GRO–Xstream and GRO–Line platforms, respectively.
Through this partnership, U GRO Capital will be able to leverage Yubi’s full stack operating system to seamlessly discover, go live and collaborate with multiple partners on Yubi’s platform.
Through this alliance, U GRO Capital will gain access to Yubi Co.Lend’s vast network of Banks, Financial Institutions, and Fintechs via a single API (Application Programming Interface) integration to extend and accelerate credit to the underserved sectors.

13) Answer: D

IndusInd Bank has announced a strategic partnership with Rupyy, a new-age digital lending platform offering 100% paperless loan processing for used cars.
Rupyy is the fintech arm of the Jaipur-based Girnarsoft Pvt. Ltd., which houses brands including CarDekho, BikeDekho, Zigwheels, and Powerdrift, among others.
This partnership will enable users of ‘Rupyy’ to avail themselves of simplified documentation and instant processing of vehicle loans from IndusInd Bank.
Customers of the bank can now opt for flexible repayment options while transacting on ‘Rupyy’.

14) Answer: B

The National Payments Corporation of India (NPCI) and the Indian Institute of Technology (IIT), Kanpur, have signed a Memorandum of Understanding (MoU) that paves the way for the sharing of innovative ideas and cooperation on the development of domestic digital payment solutions.
The partnership will also help to improve cybersecurity protections for the products and services offered by NPCI and its affiliates.
The MoU would encourage collaboration between NPCI and IIT Kanpur on a range of projects.

15) Answer: B

The Indian Institute of Science (IISc) and the Indian Navy have signed an MoU to collaborate on aviation research and development and to step up the Indian Navy’s self-reliance efforts in line with the goals of Atmanirbhar Bharat.
According to a statement from the Bengaluru-based college, the signed MoU provides the Indian Navy with a legal framework for contact with the appropriate IISc faculty members and will facilitate joint research projects in areas of mutual interest.

16) Answer: C

To improve its delivery services in the nation, Amazon India has partnered with the Railway of India.
Amazon India will be able to ship items on more than 110 intercity routes thanks to this cooperation, guaranteeing one- to two-day delivery for its customers.
In 2019, Amazon and the Indian Railways started collaborating.
According to the corporation, its transit lanes have risen fivefold.
Amazon is one of the enablers for the company to offer 1-day and 2-day delivery promises to customers in the hinterlands of the country.

17) Answer: E

The Federation of Indian Chambers of Commerce and Industry (FICCI) is designated as the national industry partner for the Make in Odisha Conclave 2022 under a Memorandum of Understanding between the state-run Industrial Promotion and Investment Corporation of Odisha and the organization.
Principal Secretary for Industries for the state of Odisha, Hemant Sharma, emphasized that “Make in Odisha” is the most entrepreneurial event in the state and attracts investors, entrepreneurs, and industrialists alike.

18) Answer: E

The Appointments Committee of the Cabinet (ACC) approved the appointment of 2008-batch Indian Foreign Service (IFS) officer, Ms. Shweta Singh, as a director in the Prime Minister’s Office (PMO) for three years.
The ACC has canceled the appointment of Aniket Govind Mandavgane, a 2009-batch IFS officer, as the Deputy Secretary in the PMO.

19) Answer: D

Fintech platform BharatPe has appointed Nalin Negi as its new chief financial officer (CFO).
In his new role, he will be working towards making the company EBITDA positive by March 2023 and lead the financial readiness for the company, which is getting ready for an initial public offering (IPO)
EBITDA, which stands for earnings before interest, taxes, depreciation, and amortization, is a measure of profitability for companies.

20) Answer: A

Payments and lending fintech BharatPe has appointed former Reckitt executive Smriti Handa as its Chief Human Resources Officer.
In her new role, Smriti will be working closely with the Senior Leadership Team at BharatPe and will focus on strengthening the organizational culture and HR practices in BharatPe.
Handa is an alumnus of SRCC, Delhi University, and MDI, Gurgaon.
In a career spanning over 16 years, she has worked with Reckitt, Philips, and Airtel in global and local roles.

21) Answer: E

American ride-hailing giant Uber offloaded 2 crore shares of online food delivery aggregator Zomato Ltd for Rs 3,088 crore through an open market transaction.
Uber BV sold 61,21,99,100 shares in Zomato, amounting to a 7.8 percent stake.
The shares were disposed of at an average price of Rs 50.44 apiece, taking the transaction value to Rs 3,087.93 crore.
Fidelity Investment Trust Fidelity Series Emerging Markets Fund and ICICI Prudential Life Insurance Company Ltd picked up 5,44,38,744 and 4,50,00,000 shares of the company, respectively.

22) Answer: B

The National Aeronautics and Space Administration (NASA) is launching two more small helicopters to Mars as part of its effort to return Martian rocks and soil samples to Earth.
Under the plan, NASA’s Perseverance rover will transport soil samples to a rocket.
The rocket will launch the collected material of the red planet in about 10 years.
Perseverance already has gathered 11 samples with more rock drilling planned & the most recent sample, a sedimentary rock, holds the greatest chance of containing possible evidence of ancient Martian life.
The helicopters will be modeled after NASA’s successful Ingenuity.
It has made 29 flights since arriving with Perseverance on Mars early last year.
The helicopter weighs just 8 kilograms.

23) Answer: D

At the 44th Chess Olympiad at Mamallapuram, Chennai, Tania Sachdev defeated Hungary with a score of 2.5-1.5 to win the match for India.
She destroyed Zsoka Gaal to give the squad a pivotal point and win the match.
In their separate matches, Koneru Humpy, Dronavalli Harika, and R Vaishali all came to a draw.
Indian chess player Tania Sachdev is a Woman Grandmaster and International Master, according to the FIDE.

24) Answer: D

Former Australian featherweight boxing world champion Johnny Famechon passed away at the age of 77 in Melbourne.
Famechon was born on 28 March 1945 in Paris, France. He was associated with professional boxing for more than 20 His career record was 56 wins, which includes 20 by knockout, six draws, and five losses.
He was described as poetry in motion, a master craftsman.

25) Answer: C

Tania Sachdev battled long and hard to rake in a precious point as India A registered a sensational 2.5-1.5 win against Hungary in the fourth-round match of the women’s section at the 44th Chess Olympiad in Mamallapuram, Chennai.
She has won the Indian Women’s Chess Championship twice (in 2006 and 2007), the Asian Women’s Chess Championship once (in 2007), and the Commonwealth Women’s Chess Championship three times (in 2016, 2018, and currently).

Daily Current Affairs Quiz – 06th August 2022

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