Daily Current Affairs Quiz – 08th June 2022

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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2022 of 08th 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) Consider the following statement regarding National Asset Reconstruction Company Ltd (NARCL).

1. NARCL is set up in the mould of an asset reconstruction company incorporated to take over and dispose of the stressed assets of commercial banks.
2. NARCL has been registered under the Companies Act, 2013. Public sector banks will have 51% ownership in it.

Which of the following statement is correct?

A) Only 1

B) Only 2

C) Both 1 & 2

D) None Of the above

2) Recently in June Defence Acquisition Council (DAC) accorded Acceptance of Necessity (AoN) for Capital Acquisition Proposals of the Armed Forces amounting to ______________ under ‘Buy (Indian)’, ‘Buy & Make (Indian)’ and ‘Buy (Indian-IDDM)’ categories.

A) Rs 36,000 crore.

 B) Rs 76,390 crore

 C) Rs 96,180 crore

 D) Rs 26,390 crore

3) Consider the following statement regarding the 4^th State Food Safety Index (SFSI).

1. SFSI was started in 2018-19 to create a competitive and positive change in the food safety ecosystem in the country.
2. This year, among the larger states, Tamil Nadu was the top-ranking state, followed by Gujarat and Maharashtra.
3. The rating is done by the Food Safety and Standards Authority of India (FSSAI).

Which of the following statement is correct?

A) Only 1 & 2

B) Only 2 & 3

C) Only 1 & 3

D) All of the above

4) Every Year World Brain Tumour Day is observed on __________ to raise awareness and educate people about brain tumors.

A) 5^th June

B) 6^th June

C) 7^th June

D) 8^th June

5) Consider the following statement regarding Rashtriya Puruskar Portal.

1. This common portal has been developed by the government to bring together all the awards under one digital platform.
2. The Portal aims to facilitate citizens to nominate individuals and organizations for various awards instituted by the Government of India.

Which of the following statement is correct?

A) Only 1

B) Only 2

C) Both 1 & 2

D) None of the above

6) Consider the following statement regarding  India- Vietnam relations.

1. Raksha Mantri Rajnath Singh handed over 12 High-Speed Guard Boats to Vietnam during his visit to Hong Ha Shipyard in Hai Phong on June 09, 2022.
2. The boats have been constructed under the Government of India’s $US 100 million Defence Line of Credit to Vietnam.

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  QS World University Rankings, 2023.

1. The latest edition of QS World University Rankings features 41 Indian universities, of which 12 improved their positions, 12 remained stable, 10 declined and seven are new entries.
2. The IISc ranks 155^th globally and is the global leader in the citations per faculty (CpF) indicator.
3. The IISc is the fastest rising South Asian university among the top-200 universities in the QS rankings, The IISc is the world’s top research university, achieving a perfect score of 100/100 for CpF.

Which of the following statement is correct?

A) Only 1 & 2

B) Only 2 & 3

C) Only 1 & 3

D) All of the above

8) Consider the following statement regarding  United Nations Conference on Trade & Development (UNCTAD)  foreign direct investment (FDI)  report.

1. India’s rank jumped one notch to 7^th position among top recipients of foreign direct investment (FDI) in the 2021 calendar year.
2. The headquarters is located in London.

Which of the following statement is correct?

A) Only 1

B) Only 2

C) Both 1 & 2

D) None of the above

9) Consider the following statement regarding proposed amendments to the Information Technology Rules, 2021.

1. It proposes to create government-appointed appeal committees. It will be empowered to veto content-moderation decisions taken by social media intermediaries.
2. The draft proposes to create a Grievance Appellate Committee. It will consist of a Chairperson and other members.

Which of the following statement is correct?

A) Only 1

B) Only 2

C) Both 1 & 2

D) None of the above

10) Recently In June _____________ has set up Asia’s largest carport type solar plant at its Manesar facility.

A) TVS

B) Maruti Suzuki

C) Ford

D) Hero

11) Consider the following statement regarding the DAVINCI (Deep Atmosphere Venus Investigation of Noble gases, Chemistry and Imaging) mission.

1. DAVINCI will be the first mission to study Venus both through flybys and descent.
2. It will descend into the harsh atmosphere of Venus in 2029. It will reach the surface of Venus by June 2031.

Which of the following statement is correct?

A) Only 1

B) Only 2

C) Both 1 & 2

D) None of the above

12) Recently in June _____________  has won the gold medal in the women’s 10-meter air rifle standing SH1 event at the Para Shooting World Cup

A) Tejaswini Sawant

B) Avani Lekhara

C) Deepa Malik

D) Apurvi Chandela

13) Recently  union cabinet has given approval to increase authorized share capital of New Space India Limited (NSIL) from 1,000 crore rupees to ______________.

A) 5,500 crore rupees

B) 6,500 crore rupees

C) 7,500 crore rupees

D) 8,500 crore rupees

14) In June 2022, Union Cabinet has approved the signing of an MoU between which of the following to contribute toward the development of new biomedical technologies to treat HIV, TB, and COVID-19?

1. Government of India’s Department of Biotechnology.
2. Indian Council of Medical Research (ICMR)
3. International AIDS Vaccine Initiative (IAVI), USA

Which of the following statement is correct?

A) Only 1 and 2

B) Only 2 and 3

C) Only 1 and 3

D) All of the above

15) Recently in June National Highways and Infrastructure Development Corporation Ltd signed MoU with  ____________  for sharing innovative ideas and technology in the field of highway engineering.

A) IIT Kanpur

B) IIT Roorkee

C) IIT Ropar

D) IIT Bombay

16) Recently In June __________ has been selected as the ambassador of the Indo-UK culture platform.

A) Rahman

B) Sonu Nigam

C) Shreya Ghoshal

D) Sunidhi Chouhan

17) Consider the following statement regarding  Special ASEAN-India Foreign Ministers’ Meeting (SAIFMM).

1. This will be the first meeting organized by India in New Delhi and will also be accompanied by the 12th edition of the Delhi Dialogue.
2. The Delhi Dialogue’s theme is “Building Bridges in the Indo-Pacific.”

Which of the following statement is correct?

A) Only 1

B) Only 2

C) Both 1 & 2

D) None of the above

18) Recently In June ___________ became the first Indian to be named by the United Nations Global Compact (UNGC) as a global SDG pioneer.

A) Ramkrishna Mukkavilli

B) Deepika Padukone

C) AR Rahman

D) Disha Patani

19) Recently In June _______________  become the first state to give approval to the drone policy.

A) Haryana

B) Himachal Pradesh

C) Uttarakhand

D) Uttar Pradesh

20) Consider the following statement regarding NHAI’s new Guinness World Record.

1. Union Minister Nitin Gadkari announced that NHAI has created a new Guinness World Record by laying 75 km of bituminous concrete road on NH53 in 105 hours and 33 minutes.
2. The 75-km long single-lane highway has been laid between Amrawati to Akola Districts.

Which of the following statement is correct?

A) Only 1

B) Only 2

C) Both 1 & 2

D) None of the above

21) The Reserve Bank of India (RBI) has imposed a monetary penalty of  ___________  on Bassein Catholic Co-operative Bank Ltd, Vasai for non-compliance with its directions.

A) Rs 90 Lakh

B) Rs 49 Lakh

C) Rs 55 Lakh

D) Rs 20 Lakh

22) Recently In June ______________  signed a Memorandum of Understanding (MoU) with the University of East London to impart world-class sports education to Indian athletes.

A) IISc Banglore

B) Delhi Sports University

C) IIM Ahmedabad

D) IIT Delhi

Answers :

1) Answer: C

• In her Budget 2021-22 speech, the Finance Minister announced that the government intends to set up a bad bank.
• NARCL is set up in the mould of an asset reconstruction company incorporated to take over and dispose of the stressed assets of commercial banks.
• NARCL has been registered under the Companies Act, 2013. Public sector banks will have 51% ownership in it.
• IDRCL is a service company/operational entity which will manage the asset and engage market professionals and turnaround experts.
• Public sector banks and Public financial institutions will hold a maximum of 49% stake in IDRCL, and the rest will be with private-sector lenders.
• Bad banks are not involved in lending and taking deposits. Technically, it is an ARC or an AMC (Asset Management Company) that takes over the bad loans of commercial banks.
• The takeover of bad loans is normally below the book value of the loan and the bad bank tries to recover as much as possible.
• Asset reconstruction is the purchase of title or rights of the banks or financial institutions in loans, bonds, etc., for the sole purpose of its recovery.

2) Answer: B

• Defense Acquisition Council (DAC), in a meeting chaired by Raksha Mantri Shri Rajnath Singh on June 06, 2022, accorded Acceptance of Necessity (AoN) for Capital Acquisition Proposals of the Armed Forces amounting to Rs 76,390 crore under ‘Buy (Indian)’, ‘Buy & Make (Indian)’ and ‘Buy (Indian-IDDM)’ categories.
• This will provide a substantial boost to the Indian Defence Industry and reduce foreign spending significantly.
• For the Indian Navy, the DAC accorded AoN for procurement of Next Generation Corvettes (NGC) at an estimated cost of approx. Rs 36,000 crore.
• The DAC accorded AoNs for the manufacture of Dornier Aircrafts and Su-30 MKI aero-engines by the Navratna CPSE M/s Hindustan Aeronautics Limited with a focus on enhancing indigenization, particularly in indigenizing aero-engine material.
• In pursuance of the Government’s vision for digital transformation in Defence, the ‘Digital Coast Guard’ project under the ‘Buy (Indian) Category has been approved by the DAC. Under this project, a pan India secure network for digitizing various surface and aviation operations, logistics, finance, and HR processes in the Coast Guard will be established.

3) Answer: D

• On the occasion of World Food Safety Day Union Minister for Health and Family, Welfare Dr. Mansukh Mandaviya released the 4^th State Food Safety Index (SFSI) for the year 2021-22.
• SFSI was started in 2018-19 to create a competitive and positive change in the food safety ecosystem in the country.
• The SFSI measures the performance of States based on five parameters of food safety set by the Health Ministry.
• The rating is done by the Food Safety and Standards Authority of India (FSSAI).
• This year, among the larger states, Tamil Nadu was the top-ranking state, followed by Gujarat and Maharashtra.
• Among the smaller states, Goa stood first followed by Manipur and Sikkim.
• Among Uts, Jammu & Kashmir, Delhi and Chandigarh secured first, second and third ranks.
• The Health Minister also felicitated 11 winning smart cities of the EatSmart Cities Challenge, launched by FSSAI last year in association with the Smart Cities Mission under the aegis of the Ministry of Housing and Urban Affairs (MoHUA).
• FSSAI’s State Food Safety Index measures the performance of States across five parameters of food safety. State Food Safety Index was started in 2018-19.
• The five parameters are:
• Human Resources and Institutional Data (20% weightage)
• Compliance (30% weightage)
• Food Testing- Infrastructure and Surveillance (20% weightage)
• Training and Capacity Building (10% weightage)
• Consumer Empowerment (20% weightage)

4) Answer: D

• World Brain Tumour Day is being observed on June 08, 2022. It is observed to raise awareness and educate people about brain tumors. The day also pays tribute to those affected by brain tumors.
• The German Brain Tumor Association started this international commemoration day in the year 2000 as a tribute to all brain tumor patients and their families.
• On a global scale, 330,000 children and adults worldwide are diagnosed with cancer of the central nervous system in one year.

5) Answer: C

• The Union Government has launched the Rashtriya Puruskar Portal for inviting nominations for various awards from the various Ministries, Departments, and agencies to ensure transparency and public partnership.
• This common portal has been developed by the government to bring together all the awards under one digital platform.
• The Portal aims to facilitate citizens to nominate individuals and organizations for various awards instituted by the Government of India.

6) Answer: C

• Raksha Mantri Rajnath Singh handed over 12 High-Speed Guard Boats to Vietnam during his visit to Hong Ha Shipyard in Hai Phong on June 09, 2022.
• The boats have been constructed under the Government of India’s $US 100 million Defence Line of Credit to Vietnam.
• The initial five boats were built in the Larsen & Toubro (L&T) Shipyard in India and the other seven in Hong Ha Shipyard.
• The Raksha Mantri is on a three-day official visit to Vietnam. Both sides signed a ‘Joint Vision Statement on India-Vietnam Defence Partnership towards 2030’ to enhance defense cooperation.
• An MoU to simplify procedures for mutually beneficial logistic support was also inked between the two countries.

7) Answer: D

• The Indian Institute of Science, Bengaluru (IISc) is the new national leader in the QS World University Rankings, 2023 released, which also shows that all Indian Institutes of Technology (IITs) improved their standing.
• The latest edition of QS World University Rankings features 41 Indian universities, of which 12 improved their positions, 12 remained stable, 10 declined and seven are new entries.
• The IISc ranks 155^th globally and is the global leader in the citations per faculty (CpF) indicator, which QS uses to evaluate the impact of the research produced by universities.
• The IISc is the fastest-rising South Asian university among the top-200 universities in the QS rankings, having climbed 31 places year on year. The IISc is the world’s top research university, achieving a perfect score of 100/100 for CpF.
• The IIT Bombay, which was the top Indian university in the QS World University Rankings of the previous edition, is the second-best Indian institution this time and climbed five places globally to reach the 172 ranks. The third best Indian university is the Indian Institute of Technology, Delhi (IITD), followed by IIT Madras and IIT Kanpur.

8) Answer: C

• India’s rank jumped one notch to 7^th position among top recipients of foreign direct investment (FDI) in the 2021 calendar year, according to the United Nations Conference on Trade and Development (UNCTAD).
• United Nations Conference on Trade & Development (UNCTAD)
• UNCTAD is a permanent intergovernmental body established by the United Nations General Assembly in 1964.
• It is responsible for dealing with development issues, particularly international trade.
• Headquarters: Geneva, Switzerland
• The largest number of projects announced with foreign funding in India was in enewable at 23. Other large projects include the construction of a steel and cement plant for $13.5 billion by ArcelorMittal Nippon Steel (Japan) and a new car manufacturing facility by Suzuki Motor (Japan) for $2.4 billion,
• The top 10 economies for FDI inflows in 2021 were the US, China, Hong Kong, Singapore, Canada, Brazil, India, South Africa, Russia, and Mexico.
• India’s FDI flow has declined from $64 billion in 2020 to $45 billion in 2021. FDI outflow from India has increased by 43 percent to $15.5 billion in 2021.

9) Answer: C

• The Ministry of Electronics and Information Technology has issued a draft of amendments to the IT Rules, 2021.
• It proposes to create government-appointed appeal committees. It will be empowered to veto content-moderation decisions taken by social media intermediaries.
• The draft proposes to create a Grievance Appellate Committee. It will consist of a Chairperson and other members.
• Any user who is not satisfied with the content moderation decision taken by social media intermediaries can appeal against the decision before the government-appointed appeal committees.
• It also recommends giving additional responsibilities to grievance officers appointed by social media companies.
• It has also proposed a change in the grievance redressal mechanism. Social media intermediaries will have to address grievances regarding content removal from platforms within 72 hours.
• A new clause has been added to the IT Rules 2021, under which, social media intermediaries have to respect ‘rights guaranteed to users under the Constitution of India’.
• The Information Technology (Intermediary Guidelines and Digital Media Ethics) Rule was notified in February 2021. It came into effect in May 2021.

10) Answer: B

• Asia’s largest carport-type solar plant has been set up by Maruti Suzuki at its Manesar facility.
• The plant set up by Maruti Suzuki India Limited has a 20 MWp solar power capacity.
• In 2020, the company commissioned a 5 MWp carport-style photovoltaic solar power plant at its Gurugram factory.
• With the addition of a solar plant at the Manesar facility, Maruti Suzuki’s total solar power generation capacity, across its plants, is 26.3 MWp.
• The world’s largest solar power plant in Bhadla Solar Park located in Jodhpur, Rajasthan.
• The solar tree installed at the CSIR-CMERI Centre of Excellence for Farm Machinery in Ludhiana is the world’s largest solar tree.

11) Answer: C

• NASA will launch the DAVINCI (Deep Atmosphere Venus Investigation of Noble gases, Chemistry and Imaging) mission.
• DAVINCI will be the first mission to study Venus both through flybys and descent.
• It will descend into the harsh atmosphere of Venus in 2029. It will reach the surface of Venus by June 2031.
• Pioneer in 1978 and Magellan in the early ‘90s are only two missions that visited Venus.
• DAVINCI spacecraft will serve as a flying chemistry lab. It will detect the composition of Venus’ mountain-like highlands.
• DAVINCI will drop a probe to the surface. The probe will touch down in the Alpha Regio Mountains.
• The atmosphere of Venus is 90 times thicker than that of Earth. The surface temperature of Venus reaches 864 degrees Fahrenheit (462 degrees Celsius).

12) Answer: B

• Avani Lekhara bagged the gold medal at the Para Shooting World Cup.
• She created a world record by scoring 250.6 in the women’s 10-meter air rifle standing SH1 event. She broke her world record of 249.6.
• Emilia Babska won the silver medal with a total score of 247.6 and Anna Normann won the bronze medal with a score of 225.6
• She has secured her spot at the 2024 Paris Paralympics.
• Sriharsha Devaraddi Ramakrishna won a gold medal in the mixed 10m air rifle SH2 event.
• 13 para shooters from India are taking part in the Para Shooting World Cup in Chateauroux, France.

13) Answer: C

• The transfer of 10 in-orbit communication satellites from the Government of India to NSIL has been approved by Union Cabinet.
• Further, the cabinet has approved to increase the authorized share capital of NSIL from 1,000 crore rupees to 7,500 crore rupees.
• NSIL is the commercial arm of the Indian Space Research Organisation (ISRO).
• New Space India Limited (NSIL):
• It is a wholly-owned Public Sector Enterprise of the Centre under the administrative control of the Department of Space.
• It is a Schedule ‘A’ Category Company. It is headquartered in Bengaluru. It was incorporated in March 2019.

14) Answer: D

• Union Cabinet approves the signing of the MoU between the Department of Biotechnology, ICMR, and IAVI, USA.
• The MoU is to contribute toward the development of new biomedical technologies to treat HIV, TB, COVID-19, and other emerging infectious and neglected diseases.
• The proposal for signing a bilateral MoU between India and the United Arab Emirates (UAE) has also been approved by Union Cabinet.
• This proposal is on Cooperation in the field of Industries and Advanced Technologies.
• The Indian Council of Medical Research (ICMR) is the apex body for biomedical research in India.
• International AIDS Vaccine Initiative (IAVI) is a global not-for-profit, public-private partnership organization headquartered in the USA.

15) Answer: B

• NHIDCL signed MoU with IIT-Roorkee for sharing innovative ideas and technology in the field of highway engineering.
• The MoU will play a key role in achieving the objectives of the government’s GatiShakti and National Master Plan.
• NHIDCL will promote surveys, design, and upgrade the National Highway and Strategic Roads.
• National Highways and Infrastructure Development Corporation Ltd:
• It is a government-owned company of the Ministry of Road Transport & Highways.
• It is responsible for the management of a network of National Highways.
• Chanchal Kumar is the Managing Director of NHIDCL.

16) Answer: A

• AR Rahman has been selected as the ambassador of the Indo-UK culture platform.
• The Season of Culture is the name of this platform.
• The platform aims to strengthen India and UK’s relations in arts, English, and education.
• Britain’s Deputy High Commissioner to India Jan Thomson and Director (India) of the British Council Barbara Wickham officially launched the platform.
• The platform marks the 75^th anniversary of India’s independence.

17) Answer: C

• India will host a Special ASEAN-India Foreign Ministers’ Meeting (SAIFMM) on the 16th and 17th of June. This will be the first meeting organized by India in New Delhi and will also be accompanied by the 12th edition of the Delhi Dialogue.
• The Delhi Dialogue’s theme is “Building Bridges in the Indo-Pacific.”
• External Affairs Minister Dr. S. Jaishankar and ASEAN countries Ministers will attend the Ministerial Session.
• The year 2022 has been designated as a “Friendship Year between ASEAN and India”.
• The 30th anniversary of dialogue relations between ASEAN and India, as well as the 10th anniversary of the strategic partnership with ASEAN, will be commemorated during the SAIFMM.
• ASEAN is part of India’s Act East policy and its vision for the wider Indo-Pacific.
• The ASEAN-India dialogue relationship began in 1992 with the formation of a sectoral collaboration, which progressed to a full dialogue partnership in December 1995, a Summit level partnership in 2002, and a strategic partnership in 2012.

18) Answer: A

• Ramkrishna Mukkavilli became the first Indian to be named by the UNGC as a global SDG pioneer.
• He has been recognized as a Global Sustainable Development Goal (SDG) Pioneer for Water Stewardship by the United Nations Global Compact (UNGC).
• The UNGC has named ten new SDG Pioneers, business leaders who are advancing the SDGs by implementing the UN Global Compact Ten Principles on human rights, environment, labor, and anti-corruption.
• Ramakrishna Mukkavilli, founder and managing director of Make-in-India company Maitri Aquatech, was previously selected as India’s SDG Pioneer by the UN Global Compact Network India (GCNI) earlier this year.
• He was selected for his work in building water security with nature-based water solutions in India and 27 countries spread across Southeast Asia, the Middle East, and Africa.
• Maithri Aquatech is an ESG company, and their MEGHDOOT product is the only Atmospheric Water Generator (AWG) solution approved by the Ministry of Jal Shakti.

19) Answer: B

• Himachal Pradesh becomes the first state to approve the drone policy.
• Chief Minister Jai Ram Thakur has approved the ‘Himachal Pradesh Drone Policy 2022’. It mainly focuses on creating drone-enabled technology, the creation of manpower through training schools, and startup and innovation schemes.
• It will promote drone-enabled technology in different sectors such as defense, transport, health, agriculture, etc.
• The drone manufacturing industry can create more than 10,000 direct jobs in the state in the next three years.
• Himachal Pradesh government has designated ITI Shahpur to provide training to personnel using drones.
• The Department of Information Technology of the state has signed a memorandum of understanding (MoU) with drone companies such as Skye Air and TechEagle.

20) Answer: C

• NHAI sets a new Guinness World Record by constructing a 75-km long highway in 105 hrs.
• Union Minister Nitin Gadkari announced that NHAI has created a new Guinness World Record by laying 75 km of bituminous concrete road on NH53 in 105 hours and 33 minutes.
• The 75-km long single-lane highway has been laid between Amrawati to Akola Districts.
• The project has been implemented by 720 workers including a team of independent consultants.
• Earlier, the world record for constructing the longest bituminous road was set by Qatar in Feb 2019.
• National Highway Authority of India (NHAI): Its headquarters is located in New Delhi. Alka Upadhyaya is the current chairperson of NHAI.

21) Answer: B

• The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 49 lakh on Bassein Catholic Co-operative Bank Ltd, Vasai for non-compliance with its directions. The central bank has imposed the penalty for non-compliance with the directions issued by it on “Income Recognition, Asset Classification, Provisioning and Other Related Matters’ (IRAC norms)”.
• This penalty has been imposed in the exercise of powers vested in RBI conferred under section 47 A (1) I read with sections 46 (4) (i) and 56 of the Banking Regulation Act, 1949 (BR Act).

22) Answer: B

• Delhi Sports University signed a Memorandum of Understanding (MoU) with the University of East London to impart world-class sports education to Indian athletes.
• The universities will cooperate in the exchange of knowledge, and explore research and innovation opportunities in the fields of sports science, staff, and student exchange.
• This will help develop new courses and careers for sports, thereby improving the sports ecosystem in both countries.
• The MoU was signed during the ongoing visit of the largest education delegation from the UK comprising representatives of 22 universities and higher education leaders to scout for new National Education Policy (NEP) aligned collaborations.