Daily Current Affairs Quiz – 10th & 11th July 2022

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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2022 of 10th & 11th July 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) World Population Day is observed on which of the following day?

(a) July 08

(b) July 09

(c) July 10

(d) July 11

(e) July 12


2) Which ministry launches SVANidhi Mahotsav in honor of the PM SVANidhi scheme’s second anniversary?

(a) Ministry of Housing & Urban Affairs

(b) Ministry of AYUSH

(c) Ministry of Culture and Tourism

(d) Ministry of Women and Child Development

(e) Ministry of Health and Family Welfare


3) With the approval of National Institute of Disaster Management (NIDM) 2-Day training on Disaster Management of ______________held at Rashtrapati Bhavan

(a) Heritage Sites

(b) Government Buildings

(c) Important Monuments

(d) Museums

(e) None of these


4) Union Home Minister Shri Amit Shah unveils Swamy Ramanujacharya Statue in Sriperumbudur, Tamil Nadu. This Statue is also known as ____________

(a) Statue of Goodness

(b) Statue of Harmony

(c) Statue of Ability

(d) Statue of Strength

(e) Statue of Peace


5) PM Shri Modi inaugurates Akshaya Patra’s Midday Meal Kitchen in which among the following place?

(a) Bangalore, Karnataka

(b) Varanasi, UttarPradesh

(c) Bhubaneswar, Odisha

(d) Gurugram, Haryana

(e) Chennai, Tamilnadu


6) As per the recent report Mangarh Hillock is to be declared a monument of national importance. It is located in which state?

(a) Maharashtra

(b) Haryana

(c) Rajasthan

(d) Punjab

(e) Nagaland


7) Which country was recently elected to the Intergovernmental Committee of UNESCO’s 2003 Convention for the Safeguarding of the Intangible Cultural Heritage?

(a) Russia

(b) India

(c) Ukraine

(d) Japan

(e) South Korea


8) Which state becomes the first-ever state in India to have a Research & Development policy?

(a) Maharashtra

(b) Gujarat

(c) Karnataka

(d) Tamil Nadu

(e) Kerala


9) Which among the following Non – Profit organizations and Bank of Baroda launches the ‘Baroda Jan Dhan Plus’ in Uttar Pradesh & Uttarakhand?

(a) Financial Alliance for Women

(b) Grameen Foundation

(c) Accion International

(d) Women’s World Banking

(e) Kashf Foundation


10) Punjab National Bank made a Memorandum of Understanding (MoU) with which force in India for the ‘PNB Rakshak Plus Scheme’?

(a) Indian Army

(b) Indian Navy

(c) Indian Air Force

(d) Indian Armed Forces

(e) Special Protection Force


11) Which bank has recently renewed MoU with Indian Air Force for a defense salary package?

(a) State Bank of India

(b) Punjab National Bank

(c) Bank of Baroda

(d) Canara Bank

(e) Union Bank of India


12) Reserve Bank of India (RBI) Cancels License Of Shri Anand Co-Operative Bank due To Lack of Capital under which act?

(a) Negotiable Instrument Act, 1881

(b) Reserve Bank of India Act, 1934

(c) Banking Regulation Act, 1949

(d) The Payment and Settlement Systems Act, 2007

(e) Banking Laws Amendment Act 2012


13) Which finance agency partners with the State Bank of India (SBI) to expand its outreach to Farmer Producer Organisations (FPOs)?

(a) Thainadu Finance

(b) Smart India Finance

(c) Sharekhan Finance

(d) Samunnati Finance

(e) IIFL Finance


14) Which Indian Financial Institution signed a loan agreement for the Japanese Yen (JPY) 30 billion with Japan Bank for International Cooperation (JBIC)?

(a) Mahindra & Mahindra Financial Services Limited

(b) Tata Capital Financial Services Ltd

(c) Bajaj Finance Limited

(d) Power Finance Corporation Limited

(e) L & T Finance Limited


15) ‘Smart Capital Guarantee Solution’ is a life insurance product solution launched by which insurance?

(a) Life Insurance Corporation of India

(b) PNB MetLife India Insurance Co Ltd

(c) Aegon Life Insurance

(d) ICICI Prudential Life Insurance

(e) Max Life Insurance Company


16) Which Bank signs an MoU with the Government of Haryana for Mobile Phone Distribution?

(a) Union Bank of India

(b) Indian Bank

(c) Indian Overseas Bank

(d) Canara Bank

(e) Punjab National Bank


17) Which IT Giant has launched Startup School India, which targets 10,000 startups in small cities?

(a) Microsoft

(b) Google

(c) TCS

(d) IBM

(e) Infosys


18) Which country has recently honored maharajas for helping refugees during World War II?

(a) Poland

(b) Indonesia

(c) Belarus

(d) Hungary

(e) Romania


19) Who among the following has recently become the first woman and 2nd Indian to feature on IMF’s ‘wall of former chief economists?

(a) Arundhati Bhattacharya

(b) Anshula Kant

(c) Leena Nair

(d) Gita Gopinath

(e) Tessy Thomas


20) Shri Paritosh Tripathi is in news he has been appointed as the new MD & CEO of which genera Insurance?

(a) SBI General Insurance

(b) Edelweiss General Insurance

(c) Reliance General Insurance

(d) Kotak Mahindra General Insrance

(e) National Insurance Company


21) Air Cargo Forum India (ACFI) constitutes a new board and appoints its new President?

(a) Cyrus Katgara

(b) Jeena Sharma

(c) Yashpal Sharma

(d) Sanjiv Edward

(e) Sharvesh Adav


22) Confederation of Indian Industry (CII) appoints whom as President-Designate & Mr. Sanjiv Puri as Vice President FY23?

(a) Mahesh Rajan

(b) Suresh Mehta

(c) R. Dharan

(d) R. Dinesh

(e) M. Dhurai


23) Former NITI Aayog CEO Mr. Amitabh Kant appointed as new Sherpa of which among the following Inter-Governmental organization?

(a) G-20

(b) World Trade Organization

(c) G-7

(d) Association of Southeast Asian Nations

(e) Shanghai Cooperation Organisation


Answers :

1) Answer: D

On July 11, 2022, World Population Day is celebrated and observed all over the world as an awareness program.

It is observed to raise awareness among people about the impact of a growing population and issues including gender equality, the importance of family planning, poverty, maternal health, human rights, etc.

World Population Day is observed to create awareness about the global population issues including overgrowing population and to take steps to control the same.

The theme for this year is “A world of 8 billion: Towards a resilient future for all – Harnessing opportunities and ensuring rights and choices for all”


2) Answer: A

Shri Hardeep Singh Puri, Minister of Housing and Urban Affairs, announced the commencement of the “SVANIdhi Mahotsav” in honor of the PM SVANidhi scheme’s second anniversary, which will be observed from July 9 to July 31.

The festival, which will take place in 75 places in all 50 states and the Union Territories, will feature a variety of cultural events as well as digital training exercises and loan melas.

Additionally, it will feature ceremonies to honor notable street sellers.

The event is the first of its kind for the financial inclusion of street sellers and intends to commemorate 75 years of independence with nano-entrepreneurs.


3) Answer: D

In cooperation with the National Institute of Disaster Management (NIDM), Rashtrapati Bhavan organized a session on “Disaster Management of Museums and Heritage Buildings” at the Rashtrapati Bhavan Museum.

The President’s Secretariat stated that the purpose of this training is to increase the employees at Rashtrapati Bhavan and other stakeholders’ understanding of crisis management, with a specific emphasis on historical structures, museums, and cultural treasures.

India’s leading training and capacity-building organization for managing natural disasters on a national and regional level are the National Institute of Disaster Management (NIDM).


4) Answer: E

The “Statue of Peace” of Swamy Ramanujacharya, which is housed in a temple in the Sonwar neighborhood of Srinagar, was essentially unveiled by Union Home Minister Shri Amit Shah.

Saint Ramanujacharya, commonly known as Ramanuja, was a south Indian Brahmin born in Sriperumbudur, Tamil Nadu.

He is regarded as a brilliant thinker, philosopher, and social reformer.


5) Answer: B

After the BJP won the assembly election in Uttar Pradesh, Prime Minister Shri Narendra Modi made his first visit to his home district of Varanasi and inaugurated the Akshaya Patra at the noon meal kitchen.

During his visit, Modi will launch and lay the foundation for development projects worth Rs. 1,774 crores that are intended to improve the nation’s infrastructure and standard of living.

1 lakh students’ lunches may be made in the LT College kitchen.


6) Answer: C

In the year of Azadi Ka Amrit Mahotsav, a delegation from the National Monuments Authority led by Shri Tarun Vijay, Chairman, National Monuments Authority, submitted a report for the designation of Rajasthan’s Mangarh Hill as a monument of National Importance.

This study includes suggestions from the National Monuments Authority as well as pertinent information regarding the Mangarh hilltop.

Unsung heroes and the Mangarh hilltop, according to Minister of State for Culture Shri Arjun Ram Meghwal, have not got the historical significance they merited.


7) Answer: B

India has been elected as a member of the Intergovernmental Committee (IGC) of the United Nations Educational, Scientific and Cultural Organization UNESCO’s 2003 Convention for the Safeguarding of the Intangible Cultural Heritage for a period of 4 years 2022-2026 cycle.

The announcement was made by Union Minister for Culture, Tourism & DoNER Shri G.K  Reddy.

The elections for the Intergovernmental Committee took place during the 9th General Assembly of the 2003 Convention held at UNESCO headquarters, Paris.


8) Answer: C

Karnataka is set to be the first state in India to have an exclusive Research & Development policy.

Karnataka chief minister Shri Basavaraj Bommai, chaired a meeting with the Task Force headed by Prof Ashok Shettar, vice-chancellor of KLE Technological University, and senior officials regarding the formulation of the new policy.

The CM has instructed the officials to prepare the necessary systems for the effective implementation of the proposed policy.


9) Answer: D

One of India’s leading public sector banks, Bank of Baroda (BoB) has partnered with Women’s World Banking (WWB) to roll out the third and broader phase of the ‘Baroda Jan Dhan Plus’ program across 25 districts of Uttar Pradesh and all 13 districts of Uttarakhand.

This carries an aim to increase access to and improve engagement of low-income women with formal financial services


10) Answer: C

Punjab National Bank (PNB), the nation’s leading Public Sector Bank, has signed a Memorandum of Understanding (MoU) with the Indian Air Force (IAF) to provide specially designed products to the defense personnel under the bank’s flagship scheme of ‘PNB Rakshak Plus’.

The agreement was exchanged between Atul Kumar Goel, MD and CEO of PNB, and Chief of Air Staff, Air Chief Marshal Vivek Ram Chaudhari, on behalf of the Indian Air Force in a ceremony at the Indian Air Force Auditorium in Delhi.


11) Answer: A

State Bank of India (SBI) has renewed the Memorandum of Understanding (MoU) with the Indian Air Force for the Defence Salary Package (DSP) scheme.

Under this scheme, it will offer various benefits and features to all serving and retired Air Force personnel and their families.

The lender offers extensive benefits to the Air Force personnel such as complimentary personal accidental insurance, air accidental insurance, and additional cover in case of on-duty death (during the action).


12) Answer: C

Reserve Bank of India (RBI) has canceled the license of Shri Anand Co-operative Bank, Chinchwad, Pune as the lender does not have adequate capital and cannot pay its present depositors in full.

The bank does not have adequate capital and earning prospects.

As such, it does not comply with the provisions of Section 11(1) and Section 22 (3) (d) read with Section 56 of the Banking Regulation Act, 1949.


13) Answer: D

India’s Open Agri network Samunnati has entered into a co-lending partnership with the State Bank of India (SBI) to expand its outreach to Farmer Producer Organisations (FPOs).

Both entered into a non-financial MOU to develop the FPO Sector, mainstream FPO as an asset class, and increase awareness of this class of farmer-owned institutions in the Banking sector.

The partnership will enable Samunnati to scale its outreach to FPOs with customized financial solutions at affordable interest rates, leveraging the vast resources available with SBI.


14) Answer: D

State-owned & the leading Non-Banking Finance Company (NBFC) in the Indian power sector, Power Finance Corporation (PFC) signed a loan agreement for Japanese Yen (JPY) 30 billion with Japan Bank for International Cooperation (JBIC).

The loan agreement was signed by R S Dhillon, CMD, PFC, and Kazushige Gobe, Director General, Social Infrastructure Finance Department, JBIC.

It was signed in the presence of Parminder Chopra, Director (Finance) at PFC, R R Jha, Director (Projects) at PFC, and Toshihiko Kurihara, Chief Representative, JBIC New Delhi office.


15) Answer: E

Max Life Insurance Company Ltd. has launched Smart Capital Guarantee Solution, a life insurance product solution that combines the features of two of Max’s existing products – ‘Max Life Smart Wealth Plan’ and ‘Max Life Flexi Wealth Advantage Plan’.

The product will offer wealth creation through market-linked returns along with a guarantee on premiums paid at maturity with additional financial protection.

16) Answer: B

Public sector Indian Bank has signed a Memorandum of Understanding (MoU) with the Government of Haryana regarding the distribution of mobile phones to consumers through an e-unified payment interface (e-upi) system.

The program was flagged off by Shri. Anoop Dhanak, Hon’ble Minister of State, Revenue and Disaster Management in the presence of Shri. Imran Amin Siddiqui, Executive Director, Indian Bank.

Under this arrangement, e-upi coupons will be provided by Indian Bank to all the beneficiaries through SMS or QR-code on the mobile numbers of Lambardars.


17) Answer: B

Google, a tech giant, established the Startup School India program, which intends to assist 10,000 companies in Tier 2 and Tier 3 towns by compiling pertinent material on startup creation into a structured curriculum.

Fireside conversations involving Google leaders and partners from the whole startup ecosystem will take place over the nine-week virtual program.

The goal of Company School is to provide early-stage start-up owners with the resources, products, and information that expanding businesses require.


18) Answer: A

The maharajas of Jamnagar and Kolhapur, among others, who provided sanctuary to Polish refugees escaping the Soviet Union’s invasion of Poland during World War II, have received honors from the Polish government.

In response to the invitation, the Indian government dispatched a team to Poland that included former royals from Jamnagar and Kolhapur as well as Yuvraj Sambhaji Raje and Sanyogitaraje Chhatrapati of Kolhapur.

Piotr Glinski, the deputy prime minister of Poland, also attended the Warsaw gathering.


19) Answer: D

India-born Gita Gopinath became the first woman and second Indian to feature on the ‘wall of former chief economists of the International Monetary Fund (IMF).

The first Indian to achieve the honor was Raghuram Rajan who was Chief Economist and Director of Research of IMF between 2003 and 2006.

Gopinath was appointed as IMF Chief Economist in October 2018 and was later promoted as the IMF’s First Deputy Managing Director in December last year.


20) Answer: A

State Bank of India (SBI) General Insurance Company Limited has appointed Shri Paritosh Tripathi as its new Managing Director & Chief Executive Officer.

He Succeeded Mr. Prakash Chandra Kandpal who has been posted as DMD (P&RE) at the Corporate Center, State Bank of India.

Shri. Paritosh Tripathi has over 32 years of rich and diverse banking experience.


21) Answer: C

Air Cargo Forum India (ACFI) at its Annual General Meeting constituted a new board & appointed Mr. Yashpal Sharma, Managing Director of Skyways Group as President from 2022 to 2024.

He succeeded Cyrus Katgara, who will be part of the current board as Ex Officio.


22) Answer: D

Confederation of Indian Industry (CII) has elected Mr. R Dinesh, Executive Vice Chairman, TVS Supply Chain Solutions as President-Designate for 2022-23.

In addition to that, Mr. Sanjiv Puri, Chairman, and Managing Director, ITC has been elected as the Vice President of CII.

Mr. Sanjiv Bajaj, Chairman, and Managing Director, Bajaj Finserv Limited assumed office as the President of CII for the year 2022-23 in May 2022.


23) Answer: A

Former NITI Aayog CEO Mr. Amitabh Kant has been appointed as India’s new Sherpa for the G-20.

He replaced Minister for Commerce & Industry and Consumer Affairs Shri Piyush Goyal, who was appointed as the G-20 Sherpa in September 2021.

India will hold the presidency from December 1, 2022, to November 30, 2023.

The G-20 Leaders’ Summit will be held in India for the first time in 2023.

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