Daily Current Affairs Quiz – 09th June 2022

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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2022 of 09th 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.

 

Start Quiz

 

1) Consider the following statement regarding  India’s first Covid-19 vaccine for animals.

1. The vaccine is called Ancovax.
2. It Is Developed by the Hisar-based National Research Centre on Equines.

Which of the following statement is correct?

A) Only 1

B) Only 2

C) Both 1 & 2

D) None of the above

2) Recently Prime Minister Narendra Modi inaugurated the headquarters of the Indian National Space Promotion and Authorisation Centre (IN-SPACe) at  ______________ .

A) Surat

B) Mornai

C) Bhopal

D) Doda

3) Recently in June ___________  bank has got SEBI’s approval to raise funds through an initial public offering (IPO).

A) Karur Vysya Bank

B) Karnataka Bank

C) Tamilnad Mercantile Bank

D) City Union Bank

4) PM Modi inaugurated Iconic Week Celebrations of the Ministry of Finance and the Ministry of Corporate Affairs is being celebrated as part of the ‘Azadi Ka Amrit Mahotsav’ (AKAM) from ______________.

A) 6^th to 11^th June 2022

B) 8^th to 13^th June 2022

C) 7^th to 11^th June 2022

D) 6^th to 12^th June 2022

5) Recently RBI has rolled out new provisioning norms for inter-bank exposure of UCBs and valuation of UCB’s perpetual non-cumulative preference shares and equity warrants to continue making provisions of ___________ % for such exposures.

A) 10 %

B) 20 %

C) 30 %

D) 50 %

6) Consider the following statement regarding EASE 5.0 ‘Common Reforms Agenda’ for PSBs.

1. Minister of Finance and Corporate Affairs Nirmala Sitharaman launched EASE 5.0 under the EASENext program.
2. The focus of EASE 5.0 will be on the digital customer experience, as well as integrated and inclusive banking.
3. 3.EASENext consists of 2 key initiatives: EASE 5.0 (Common PSB Reform Agenda) and Bank Specific Strategic 3-Year Roadmap (based on the business priorities of the individual bank).

Which of the following statement is correct?

A) Only 1 & 2

B) Only 2 & 3

C) Only 1 & 3

D) All of the above

7) The Centre has notified the guidelines for Prevention of Misleading Advertisements and Endorsements for Misleading Advertisements, 2022 under the Consumer Protection Act 2019. Which of the following type of ads has been prohibited by the government?

A) Surrogate Ads

B) Free Claim Ads

C) Bait Ads

D) Junk food Ads

8) Recently in June WayCool, a Chennai based startup, will establish first ventilated cold torage of India for ________________.

A) Onion

B) Potato

C) Tomato

D) Peas

9) Recently in June  ___________  has authorized life insurers to launch their products without prior approval.

A) RBI

B) SEBI

C) IRDAI

D) LIC

10) Recently in June ____________released a new comprehensive geologic map of the moon.

A) India

B) America

C) Japan

D) China

11) Recently In June Finance Minister Nirmala Sitharaman inaugurated the National Museum of Customs and GST- “Dharohar” in  ____________.

A) Goa

B) Maharashtra

C) Uttar Pradesh

D) Delhi

12) Recently In June __________ has been appointed as the ambassador for technology by UN Chief Antonio Guterres.

A) TS Trimurti

B) Sachin Tendulkar

C) Mithali Raj

D) Amandeep Singh Gill

13) Recently in June ___________ has been assigned an additional charge as Prasar Bharati’s CEO.

A) Shashi Shekhar

B) Amandeep Singh Gill

C) Mayank Agrawal

D) Vikas Kumar

14) Recently in June which of the following countries has been selected as non-permanent members of the UNSC for the two-year term 2023-24?

A) Ecuador

B) Japan

C) Switzerland

D) All of the above

15) Consider the following statement regarding Multiple Development Projects during ‘Gujarat Gaurav Abhiyan’

1. Modi inaugurated the Madhuban dam-based Astol regional water supply project.
2. ‘Nal Se Jal’ projects worth ₹163 crores were inaugurated by the Prime Minister.

Which of the following statement is correct?

A) Only 1

B) Only 2

C) Both 1 & 2

D) None of the above

16) Recently In June International Aluminium Institute (IAI)  announced the appointment of Satish Pai as its new Chairman. Where is the HQ of the International Aluminum Institute?

A) London

B) New York

C) Paris

D) Rome

17) Consider the following statement regarding World Bank Report On Poverty Line.

1. According to the new definition of the World Bank, if a person is not earning $ 2.15 every day, then he will be below the poverty line. (Poverty Line In India) will be considered below
2. According to the information given by the Government of India, in the year 2011-2012, a total of 21.92 percent of people were living their life below the poverty line.

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 India with ___________ has launched Startup Bridge that will connect the startup ecosystems and help the economies of both countries flourish.

A) Qatar

B) UAE

D) Israel

E) Nepal

Answers :

1) Answer: C

• The Agriculture Ministry unveiled India’s first Covid-19 vaccine for animals.
• Developed by the Hisar-based National Research Centre on Equines, the vaccine, called Ancovax, can protect animals against the Delta and Omicron variants of SARS-CoV-2.
• Ancovax can be used in dogs, lions, leopards, mice, and rabbits. It is an inactivated vaccine developed using an infectious part of the Delta variant. In addition, it uses Alhydrogel as an adjuvant to boost the immune response.
• This is the first Covid-19 vaccine for animals developed in India.

2) Answer: C

• Prime Minister Narendra Modi inaugurated the headquarters of the Indian National Space Promotion and Authorisation Centre (IN-SPACe) at Bopal, Ahmedabad.
• The establishment of IN-SPACe was announced in June 2020.
• It is an autonomous and single window nodal agency in the Department of Space for the promotion, encouragement, and regulation of space activities of both government and private entities. It also facilitates the usage of ISRO facilities by private entities.
• The program also witnessed the exchange of MoUs between IN-SPACe and private sector companies working in the field of space-based applications and services.
• The Prime Minister expressed happiness that Gujarat is fast becoming a center of big institutions at the national and international levels. He listed WHO Global Centre of Traditional Medicine at Jamnagar, Rashtriya Raskhsa University, Pandit Deendayal Energy University, National Innovation Foundation, Children’s University, Bhaskaracharya Institute for Space Applications and geoinformatics-BISAG, and, now, IN-SPACe.

3) Answer: C

• Tamilnad Mercantile Bank gets SEBI’s approval to raise funds through IPO.
• The bank will use proceeds from the initial public offering (IPO) for augmenting the Tier-I capital base.
• The bank filed its draft red herring prospectus with SEBI in September 2021.
• Tamilnad Mercantile Bank is a Thoothukudi (Tamil Nadu)-based private sector lender.

4) Answer: A

• PM Modi inaugurated Iconic Week Celebrations of the Ministry of Finance and the Ministry of Corporate Affairs on 6^th June 2022.
• The iconic week of the Ministry of Finance and the Ministry of Corporate Affairs is being celebrated as part of the ‘Azadi Ka Amrit Mahotsav’ (AKAM) from 6^th to 11^th June 2022.
• PM Modi also launched Jan Samarth Portal. It is a national portal for credit-linked government schemes.
• PM Modi also inaugurated a Digital Exhibition. It traces the journey of the two Ministries over the past eight years.
• He also released special series of ₹1, ₹2, ₹5, ₹10, and ₹20 coins. These coins are not commemorative coins and will be part of the circulation.
• This special series of coins have the theme of the logo of AKAM.
• The special series of coins will also be easily identifiable to visually impaired persons.

5) Answer: B

• RBI issued new provisioning norms for Urban Cooperative Banks (UCBs).
• RBI has rolled out new provisioning norms for inter-bank exposure of UCBs and valuation of UCB’s perpetual non-cumulative preference shares and equity warrants.
• RBI directed UCBs to continue making provisions of 20% for such exposures.
• The new norms have been issued in the wake of the bankruptcy of Punjab & Maharashtra Cooperative (PMC) Bank in September 2019 and the merger of PMC with Unity Small Finance Bank w.e.f 25 January 2022.
• These norms apply to all UCBs and are in force with immediate effect.
• Urban Cooperative Banks (UCBs):
• They are primary cooperative banks that may be located in an urban or semi-urban area.
• They are classified as scheduled and non-scheduled urban cooperative banks
• Until 1996, they could lend money for non-agricultural reasons only. They are governed by RBI and state governments.

6) Answer: D

• Minister of Finance and Corporate Affairs Nirmala Sitharaman launched EASE 5.0 under the EASENext program. It lists the common reform agenda for public sector banks.
• Till now, four editions of Enhanced Access and Service Excellence (EASE) have been launched from FY19 to 22. EASE 4.0 was launched in August 2021.
• PSBs will continue to invest in next-generation capabilities and deepen ongoing improvements under EASE 5.0 for changing customer needs, competition, and the technological environment.
• The focus of EASE 5.0 will be on the digital customer experience, as well as integrated and inclusive banking.
• All PSBs will also create a bank-specific three-year strategic roadmap.
• PSB Manthan was conducted in April 2022 with the functional heads of Public Sector Banks, which paved the way to launch the EASENext program.
• EASENext consists of 2 key initiatives: EASE 5.0 (Common PSB Reform Agenda) and Bank Specific Strategic 3-Year Roadmap (based on the business priorities of the individual bank). EASENext reforms will ensure ease for customers as well as employees.

7) Answer: D

• The Centre has notified the guidelines for Prevention of Misleading Advertisements and Endorsements for Misleading Advertisements, 2022 under the Consumer Protection Act 2019.
• These guidelines also tighten the standards for advertisements that target children, bait ads, and free claim ads.
• Ads regarding junk foods and drinks shall not be advertised during a program meant for children or on a kids’ channel.
• The guidelines prohibit surrogate ads which refers to an advertisement for products or services, whose advertising is otherwise prohibited or restricted by law.
• Now, the brand ambassadors disclose their material connection with the brand in terms of shareholding or ownership.
• These also specify that a brand shall not provide a false description of a product or service, give false guarantees, mislead the customers about the quality or quantity of a product or conceal information.

8) Answer: A

• India’s first ventilated cold storage for the onion was established by WayCool.
• WayCool is a Chennai-based Startup and one of India’s leading agri-commerce platforms.
• It will initially build a pilot plant.
• Onion is currently stored in warehouses with ventilation. If it is stored in cold storage and taken out, the bulb of the onion rots very quickly. But, now technology is available to keep it dry.
• way cool has collaborated with Netherlands’ Mooji Agro to convert cold storage to ventilated cold storage to preserve crops like potatoes, onion, etc.
• The ventilated cold storage reduces sprouting and increases the shelf life of the crop.
• Innovation in the supply chain will offer benefits to farmers and reduce price volatility.
• Outgrow, the farmer advisory platform of WayCool uses AI for early disease prediction and detection.
• Operation Greens: It was announced by the government during Budget 2018-19. The scheme aims to stabilize the supply and price of TOP crops (Tomato, Onion, and Potato). The scheme was expanded to cover 22 perishables including shrimp during budget 2021-22.

9) Answer: C

• Life insurers can now launch products without prior approval: IRDAI
• IRDAI has allowed life insurers to launch their products without the prior approval of the regulator.
• Life insurers should have board-approved product management and pricing policy.
• Life insurers can now launch a variety of products promptly as per the market demand, except for individual savings, individual pensions, and annuity.
• All insurers can follow the ‘use and file’ procedure as the authorization has already been granted to health and general insurance products.
• This step will promote ease of doing business for insurers and increase choices available to policyholders.
• Insurance Regulatory and Development Authority of India (IRDAI):
• IRDAI is an autonomous statutory body. It was formed under the Insurance Regulatory and Development Authority Act, 1999.
• It regulates and promotes both insurance as well as reinsurance industries in India.
• It has 10 members, including the chairman, 5 full-time, and four part-time members. The government of India appoints part-time members of IRDAI.
• Chairman of IRDAI: Debashish Panda (wef 14 March 2022)
• Headquarters: Hyderabad, Telangana

10) Answer: D

• Chinese scientists have created a high-resolution topographic map of the moon based on data from the Change project.
• The map includes 12,341 impact craters, 81 impact basins, 17 rock types, and 14 types of structures.
• The new comprehensive geologic map of the moon is on a scale of 1:2,500,000.
• The Institute of Geochemistry of the Chinese Academy of Sciences along with other organizations has led the project.
• The new map will help in scientific research, exploration, and landing site selection on the moon.
• Previously, the USGS Astrogeology Science Centre had released a moon map in the year 2020 on a scale of 1:5,000,000.

11) Answer: A

• Finance Minister Nirmala Sitharaman inaugurated the National Museum of Customs and GST- “Dharohar” in Goa.
• ‘Dharohar’, the National Museum of Customs and GST, is housed in Panaji’s famous Blue Building on the banks of the Mandovi River.
• She also took part in the closing event of the Azadi Ka Amrit Mahotsav Iconic Week celebration.
• The national museum will showcase not only the artifacts seized by Indian Customs but will also aware people of the basic Customs procedures.
• It will showcase the journey of the making of the Goods and Services Tax, the biggest indirect taxation reform in India.
• Goods and Services Tax: It is an indirect tax that came into effect on 1 July 2017. The Goods and Services Tax in India was introduced on the recommendation of the Vijay Kelkar Committee.

12) Answer: D

• Amandeep Singh Gill was appointed as the ambassador for technology by UN Chief Antonio Guterres.
• Indian diplomat Amandeep Singh Gill succeeded Maria-Francesca Spatolisano.
• Gill is the Chief Executive Officer of the International Digital Health and Artificial Intelligence Research Collaborative (I-DAIR) project, based at the Graduate Institute of International and Development Studies, Geneva.
• Amandeep Singh Gill was India’s Ambassador and Permanent Representative to the Conference on Disarmament in Geneva from 2016 to 2018.
• Before this, Gill was Executive Director and Co-Head of the UN Secretary General’s High-Level Panel on Digital Cooperation (2018-2019).

13) Answer: C

• Mayank Kumar Agrawal, Director-General of Doordarshan and Doordarshan News, has been assigned an additional charge as Prasar Bharati’s CEO.
• Agrawal succeeded Shashi Shekhar Vempati, who completed his five-year tenure as CEO of the Prasar Bharati.
• Prasar Bharati was formed in November 1997. It is headquartered in New Delhi.

14) Answer: D

• Ecuador, Japan, Malta, Mozambique, and Switzerland will replace India, Ireland, Kenya, Mexico, and Norway on 1 January next year.
• Ecuador, Japan, Malta, Mozambique, and Switzerland are selected for the two-year term 2023-24.
• India’s two-year term as a non-permanent member will end in December 2022.
• Albania, Brazil, Gabon, Ghana, and the UAE are the other non-permanent members of the UNSC.
• UN Security Council (UNSC): It is one of the six major organs of the United Nations.  It was established on 24 October 1945. The headquarters is located in New York, United States.

15) Answer: C

• PM launched Multiple Development Projects during ‘Gujarat Gaurav Abhiyan’ in Navsari. He inaugurated 7 projects and laid the foundation stone for 12 projects.
• These projects will help in improving the water supply in the region. It will boost connectivity in the state.
• He inaugurated the Madhuban dam-based Astol regional water supply project.
• It will provide adequate drinking water to the residents of the Surat, Navsari, Valsad, and Tapi districts.
• He inaugurated the Virpur Vyara substation to provide electricity to residents of the Tapi district.
• ‘Nal Se Jal’ projects worth ₹163 crores were inaugurated by the Prime Minister.
• A sewage treatment plant with a capacity of 14 MLD was also inaugurated for wastewater treatment in the Valsad district.

16) Answer: A

• London Headquartered International Aluminium Institute (IAI) announced the appointment of Satish Pai as its new Chairman. Pai is the Managing Director at Hindalco Industries.
• He succeeds Ben Kahrs, Chief Innovation Officer of Alcoa Corporation.
• The objective of IAI is to promote the sustainable development of the aluminium industry and to increase demand for aluminium products by raising awareness of their unique and valuable properties. It represents the global primary aluminium industry.
• The International Aluminium Institute (IAI) is the global body for the primary aluminium industry

17) Answer: C

• According to the new definition of the World Bank, if a person is not earning $ 2.15 every day, then he will be below the poverty line. (Poverty Line In India) will be considered below. The World Bank will soon change the definition of this poverty line, after which the minimum earning per day will be considered $2.15. It is being told that the World Bank can adopt the new definition by the end of this year.
• According to the report, keeping in mind the 2017 prices, the new global poverty line has been set at $2.15. This means that anyone living on less than $2.15 a day is considered to be living in extreme poverty. These standards may also be implemented by the end of the year.
• If we talk about the current conditions, then the person earning $ 1.90 per day i.e. 147 rupees per day is considered very poor. This standard was issued keeping in mind the prices and inflation of the year 2011. According to information on the WHO website, the global poverty line is defined as the percentage of the population living on less than $1.90 per day at the 2011 international prices. Let us inform you that the ‘International Poverty Line’ has been fixed at $ 1.90 per day at the international prices of 2011.
• There are more than 200 million people in the country who are below the poverty line and are living their life with great difficulty. According to the information given by the Government of India, in the year 2011-2012, a total of 21.92 percent of people were living their life below the poverty line.

18) Answer: A

• Vice President of India M Venkaiah Naidu launched the India-Qatar Startup Bridge at the India-Qatar Business Forum
• The new initiative will connect the startup ecosystems of India and Qatar and help the economies of both countries flourish.
• The three-day India-Qatar Business Forum is organized by FICCI, CII, ASSOCHAM, and Qatar Chamber of Commerce and Industry. Various industrialists from India and Qatar also attended the event.
• Naidu and Qatar’s prime minister Sheikh Khalid bin Khalifa bin Abdulaziz Al Thani also discussed the growing bilateral ties between the two nations in areas such as trade, investment, and economic and security cooperation.