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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2022 of 15th 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.
1) World Youth Skills Day is observed on July 15. What is the theme of this year’s World Youth Skills Day 2022?
(a) Reimagining youth skills post-pandemic
(b) Fighting Covid-19 with Youth’s Love
(c) The Agenda of 2030
(d) Improving the image of TVET
(e) Transforming youth skills for the future
2) Prime Minister Shri Narendra Modi launched Deoghar Airport and various other development projects worth Rs.16,800 crores. Deoghar Airport is located in which state?
(a) Manipur
(b) Meghalaya
(c) Odisha
(d) Jharkhand
(e) Chhattisgarh
3) Union Minister Shri Piyush Goyal officially launches the 17th campus of the National Institute of Fashion Technology (NIFT) in Panchkula which is among the following state?
(a) Haryana
(b) Maharashtra
(c) Gujarat
(d) Rajasthan
(e) Odisha
4) On 75th Independence Day government of India to start nationwide campaign named _____________to fly the national flag at their homes
(a) Har Ghar Bharath
(b) Har Jhar Kodi
(c) Har Ghar Tiranga
(d) Har Jhar Tiranga
(e) None of these
5) As per the Ministry of Information and Broadcasting, it has unveiled the New Logo of Prasar Bharati on its ____________ Jubilee
(a) Silver jubilee
(b) Ruby jubilee
(c) Golden jubilee
(d) Diamond jubilee
(e) Sapphire jubilee
6) Which among the following state or Union Territories become the first state in India to implement New Education Policy at the pre-primary level?
(a) Uttar Pradesh
(b) Uttarakhand
(c) Madhya Pradesh
(d) Gujarat
(e) Goa
7) PYSE Builds India’s First & Largest Fractionally-owned Solar Power Plant in which state?
(a) Gujarat
(b) Karnataka
(c) Tamil Nadu
(d) Kerala
(e) Andhra Pradesh
8) Reserve Bank of India has recently set up a mechanism to settle international trade payments in __________
(a) Indian Rupee
(b) American Dollar
(c) Chinese Yen
(d) Japanese Yuan
(e) Russian Ruble
9) Reserve Bank of India (RBI) has recently canceled the Certificate of Registration of Four non-banking financial companies (NBFCs). Which among the following is not among the four?
(a) Williamson Magor & Co. Ltd
(b) Galaxy Capital Finance Limited
(c) SRS Finance Limited
(d) Kanva Shree Credit Private Limited
(e) SKT Finance Limited
10) Reserve Bank of India (RBI) has recently imposed a Rs 1.7 crore penalty on which company for non-compliance with norms?
(a) Muthoot Finance Ltd
(b) Ola Financial Services
(c) Manappuram Finance
(d) Bajaj Finance Limited
(e) Aditya Birla Finance Ltd
11) Reserve Bank of India (RBI) allows Trade transactions with Lanka may be settled outside the ACU mechanism. What is the full form of ACU?
(a) Asian Clearing Union
(b) Asian Clearing Unit
(c) Asian Charging Union
(d) Asian Charging Unit
(e) Asian Currency Unit
12) Reserve Bank of India Imposes Monetary Penalties on 3 Cooperative Banks Over Non-Compliance under which act?
(a) Reserve Bank of India Act, 1934
(b) Banking Regulation Act, 1949
(c) Negotiable Instrument Act, 1881
(d) The Payment and Settlement Systems Act, 2007
(e) Banking Laws Amendment Act 2012
13) As per the Reserve Bank of India (RBI) Banks’ gross non-performing assets (NPAs) ratio falls to a six-year low of ___________% in March 2023
(a) 4.7%
(b) 5.3%
(c) 5.7%
(d) 5.9%
(e) 6.1%
14) Association of Mutual Funds in India (AMFI) to launch mutual fund distributor recruitment campaign named _______________
(a) Shall We Start
(b) Welcome Funds
(c) Mutual Welcomes
(d) Welcoming Good Start
(e) Can We Start
15) Recently Reserve Bank of India (RBI) has extended Card Tokenization Deadline till ______________
(a) August 31
(b) September 30
(c) October 31
(d) November 30
(e) December 31
16) Which of the following health Insurance in India partner with the Ministry of Electronics & Information Technology (MeitY) to reach rural India?
(a) Aditya Birla Health Insurance Co. Ltd.
(b) Acko Health Insurance Ltd.
(c) MAX Bupa Health Insurance Company Ltd.
(d) Care Health Insurance Ltd.
(e) Star Health & Allied Insurance Co. Ltd.
17) Which Non-Banking Financial Companies in India launches digital lending apps, and expect to raise their loan portfolio by Rs 600cr by FY23?
(a) Arohan Financial Services
(b) Power Finance Corporation Limited
(c) Shriram Transport Finance Company Limited
(d) HDB Finance Services
(e) Tata Capital Financial Services Ltd
18) Which company becomes the First Indian Renewable Energy Company To Refinance Dollar-Denominated Bonds?
(a) Inox Wind
(b) Tata Power Solar
(c) Adani Group
(d) Azure Power
(e) ReNew Power
19) As per the Ministry of Statistics and Programme Implementation, India’s retail inflation becomes _____________% in June 2022
(a) 7.01%
(b) 7.08%
(c) 7.56%
(d) 7.87%
(e) 8.01%
20) As per the Directorate General of Foreign Trade (DGFT), The Paper Import Monitoring System will be operational on ________________
(a) August 1, 2022
(b) September 1, 2022
(c) October 1, 2022
(d) November 1, 2022
(e) December 1, 2022
21) Narayanan Kumar received the “Order of the Rising Sun” award. This is the award belongs to which country?
(a) China
(b) Indonesia
(c) Vietnam
(d) Japan
(e) South Korea
22) India is ranked ______________ internationally in the World Economic Forum (WEF)’s Gender Gap Report for 2022
(a) 101st
(b) 115th
(c) 122nd
(d) 133rd
(e) 135th
23) Ex RBI executive Ms. Meena Hemchandra appointed as part-time chairman of which private sector bank in India?
(a) YES Bank
(b) CSB Bank
(c) KVB bank
(d) RBL Bank
(e) DBS Bank
24) Ms. Madhulika Bhaskar is in news, she has been appointed as the Chairman cum Managing Director (CMD) of which insurance company for 3 months?
(a) General Insurance Corporation of India
(b) United India Insurance
(c) The Oriental Insurance Company
(d) The New India Assurance
(e) National Insurance Company
25) Government of India has recently appointed ___________ Non-Official Members in the Board Of Trade, the advisory body on foreign trade policy.
(a) 10 Non-Official Members
(b) 13 Non-Official Members
(c) 17 Non-Official Members
(d) 23 Non-Official Members
(e) 29 Non-Official Members
26) Competition Commission of India (CCI) approves the acquisition of Solenergi Power Private Limited by which company from Actis Solenergi Limited?
(a) Shell Overseas Investments B.V.
(b) Bataafse Petroleum Maatschappij
(c) Aera Energy
(d) Chevron Corporation
(e) Mobil Corporation
27) Competition Commission of India (CCI) approves Shrem InvIT’s acquisition of equity in 10 roads infra projects by Dilip Buildcon Limited under which act?
(a) Special Economic Zones Act, 2005
(b) Company Secretaries Act, 1980
(c) Partnership Act, 1932
(d) Competition Act, 2002
(e) Foreign Contribution (Regulation) Act, 2010
28) Who among the following will serve as the captain of the Indian women’s cricket team for the upcoming Commonwealth Games announced?
(a) Harleen Deol
(b) Yastika Bhatia
(c) Sneh Rana
(d) Taniya Bhatiya
(e) Harmanpreet Kaur
29) Padma Shri awardee Avdhash Kaushal passed away. He belongs to which field?
(a) Freedom Fighter
(b) Social Worker
(c) Scientist
(d) Astrologist
(e) Director
30) Barry Sinclair Passes away. He was the former captain of which cricket team?
(a) New Zealand
(b) England
(c) South Africa
(d) West Indies
(e) Australia
31) Monty Norman passes away. He belongs to which field?
(a) Director
(b) Doctor
(c) Music Composer
(d) Architect
(e) Dancer
Answers :
1) Answer: E
World Youth Skills Day is celebrated every year on July 15.
The sole purpose of this day is to provide essential skills to youngsters around the globe so that they can get employment.
The day helps in disseminating awareness about the importance of skills in getting good work opportunities.
The theme for this year is “Transforming youth skills for the future”
2) Answer: D
Prime Minister Shri Narendra Modi officially established and laid the groundwork for a variety of building projects in Deoghar worth more than 16,800 crores of rupees.
The prime minister stated during a public event hosted on the grounds of Deoghar College that the government is sponsoring religious institutions to preserve our culture and faith for future generations.
3) Answer: A
Mr. Manohar Lal Khattar, the chief minister of Haryana, and Union Minister Shri Piyush Goyal inaugurated the 17th campus of the National Institute of Fashion Technology (NIFT) in Panchkula, describing it as the “fulcrum of growth of the textile sector in the state.”
According to Khattar, this institute would follow NIFT regulations and reserve 20% of its seats for residents of Haryana.
He claimed that on December 29, 2016, Smriti Irani, who was the Union Textiles Minister at the time, laid the cornerstone for this facility.
4) Answer: C
The Central government will shortly begin the national campaign Har Ghar Tiranga to persuade people to fly the national flag at their homes in honor of the country’s 75th Independence Day.
The Azadi ka Amrit Mahotsav, whose nodal ministry is the Ministry of Culture, oversaw the initiative’s inception.
The Indian National Flag is a source of great pride for the whole nation, and to further honor the flag, Union Home Minister Shri Amit Shah, who is in charge of all activities under the Azadi Ka Amrit Mahotsav, has authorized the program known as Har Ghar Tiranga.
5) Answer: A
In celebration of its silver jubilee year, India’s public broadcaster Prasar Bharati launched a new logo on July 11, 2022.
In front of Mayank Kumar Agrawal, CEO of Prasar Bharati, DPS Negi, Member (Finance), Prasar Bharati officers, and others, the new logo was unveiled by Apurva Chandra, Secretary, Ministry of Information and Broadcasting (I&B).
In the past, the organization was known as All India Radio (AIR), and later, Doordarshan (DD) was created to provide television services.
6) Answer: B
Uttarakhand became the first state in India to initiate the process of implementing the Center’s New Education Policy at the pre-primary level.
The Chief Minister Shri Pushkar Singh Dhami inaugurated the ‘Bal Vatikas’ at Anganwadi Kendra to strengthen the pre-primary education system across Uttarakhand.
The ‘Bal Vatikas’ will function at 4,457 Anganwadi Kendra in the state and will be equivalent to the nursery classes at a private school.
7) Answer: B
PYSE, an investment platform for sustainable projects from a ticket size as low as Rs 5,000, has launched India’s first and largest fractionally owned solar power plant in Karnataka.
The solar power plant is being built with an investment of INR26 crore and an average investor ticket size of INR25,000.
Strategically, the project was divided into four tranches. The first three tranches are worth Rs 16 crore.
8) Answer: A
The Reserve Bank of India (RBI) announced a mechanism to settle payments for invoicing, payment, and settlement of exports/imports in INR for international trade in rupees.
To promote the growth of global trade with emphasis on exports from India and to support the increasing interest of the global trading community in the Indian Rupee.
9) Answer: E
The Reserve Bank of India (RBI) has canceled the Certificate of Registration (CoR) of four non-banking financial companies (NBFCs) under the exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934.
List of 4 NBFCs :
- Kanva Shree Credit Private Limited (formerly known as MCI Leasing Private Limited), Bangalore, Karnataka
- Williamson Magor & Co. Ltd, Kolkata, West Bengal
- Galaxy Capital Finance Limited, Kanpur, Uttar Pradesh
- SRS Finance Limited, Faridabad, Haryana.
10) Answer: B
The Reserve Bank of India (RBI) has imposed a penalty of Rs 1.67 crore on Ola Financial Services for non-compliance with certain provisions related to pre-paid payment (PPIs) dated 27 August 2021 and the Master Direction Know Your Customer (KYC) Direction, 2016 dated February 25, 2016.
The penalty has been imposed in the exercise of powers vested in RBI under Section 30 of the Payment and Settlement Systems Act, 2007.
11) Answer: A
The Reserve Bank of India (RBI) has announced that all eligible current account transactions including trade transactions with Sri Lanka may be settled in any permitted currency outside the Asian Clearing Union (ACU) mechanism until further notice.
Under the ACU, member central banks settle payments for intra-regional transactions on a net basis.
This reduces the use of foreign exchange reserves and transfer costs.
12) Answer: B
The Reserve Bank of India (RBI) imposed monetary penalties on three cooperative banks for deficiencies in regulatory compliance under Banking Regulation Act, 1949
The banks on which the RBI imposed penalties include
- Nasik Merchant’s Co-operative Bank Ltd in Nashik, Maharashtra
- Maharashtra State Co-operative Bank Ltd in Mumbai, Maharashtra
- National Central Cooperative Bank Limited in Bettiah, Bihar.
13) Answer: B
According to the report by the Reserve Bank of India (RBI), Bank’s gross non-performing assets (GNPA) of scheduled commercial banks (SCBs) in India have hit a six-year low of 5.9 percent in March 2022 to 5.3 percent by March 2023 under the baseline scenario driven by higher bank credit growth and a declining trend in the stock of GNPAs
The net non-performing assets (NNPA) ratio fell to 1.7 percent in March 2022.
The provisioning coverage ratio (PCR) increased to 70.9 percent in March 2022 from 67.6 percent in March 2021.
14) Answer: E
The Association of Mutual Funds in India (AMFI) has launched a new mutual fund distributor recruitment campaign “Karein Shuru?”- Can We Start?
The campaign includes television commercial films to reinforce the need and attractiveness of Mutual Funds Distribution as a career option with long-term earning potential for individuals with entrepreneurial aspirations.
Wunderman Thompson is the advertising agency, while Mirum has created digital campaigns for AMFI.
15) Answer: B
The Reserve Bank of India (RBI) extended the timeline on credit card and debit card tokenization, by three months till September 30 from June 30, 2022.
The decision was made in consultation with the stakeholders to avoid disruption and inconvenience to cardholders.
To date, a total of 19.5 crore tokens have been created.
RBI stated this extended period may be utilized by the industry for
16) Answer: E
Star Health and Allied Insurance Co. Ltd., one of the leading standalone health insurance companies in the country, and Common Services Centers (CSC), under the Ministry of Electronics & Information Technology (MeitY), have partnered to provide health insurance to rural India.
Concurrently, the added distribution network will help Star Health expand its market share and strengthen its presence across India.
17) Answer: A
Non-Banking Financial Companies – Microfinance Institutions (NBFC-MFI) Arohan Financial Services launched a digital lending app for its existing customers having a good repayment track record to provide them an experience equivalent to that of privileged banking.
This is to “raise collection efficiency ratio.
The app, ApnaArohan, will help its customers make repayments and other transactions through the digital mode and reduce physical interaction with the loan officers of the MFI.
18) Answer: E
Renew Energy Global plc (‘ReNew’) has successfully refinanced its 2024 maturity dollar-denominated bonds with amortizing project debt from an Indian nonbank financial company.
ReNew issued bonds worth US$ 525 million in 2019, which were set to mature in 2024.
By refinancing the dollar-denominated bonds ahead of time, ReNew has shown strong and continued access to domestic debt capital, as well as an ability to proactively manage to refinance risk
19) Answer: A
Consumer pricing index (CPI)-based retail inflation dropped to 7.01 percent in June of this year from 7.04 percent the month before.
According to the Ministry of Statistics and Programme Implementation, lower prices in the “Food & Beverages” category were a major factor in the slight decrease in inflation.
Inflation in the food basket was 7.56% in June 2022 compared to 7.84% in May of this year.
20) Answer: C
The Directorate General of Foreign Trade (DGFT) created the Paper Import Monitoring System (PIMS) by modifying the import policy for significant paper goods from “free” to “free subject to required registration under PIMS.”
The new regulation will go into force on October 1, 2022, according to the Ministry of Commerce and Industry.
The online registration option, according to a statement from the ministry, will, however, start being offered from July 15, 2022.
21) Answer: D
In honor of Vice Chairman Narayanan Kumar of the Sanmar Group’s work to improve trade ties between Japan and India, the government of Japan has awarded him with the “Order of the Rising Sun, Gold and Silver Star” award.
Kumar received recognition from Taga Masayuki, the Japanese consul general in Chennai.
Masayuki praised Kumar for his tireless efforts to foster peace, friendship, and understanding between Japan and India.
The Indo-Japan Chamber of Commerce and Industry is also led by Kumar
22) Answer: E
In the World Economic Forum (WEF) Global Gender Gap Index 2022, India is ranked 135th out of 146 nations
In the “health and survival” sub-index, where it is placed at 146, it has the lowest results globally.
India also does poorly among its neighbors, ranking in last place after Bangladesh (71), Nepal (96), Sri Lanka (110), Maldives (117), and Bhutan (126).
In South Asia, only Iran, Pakistan, and Afghanistan (143, 145, and 146, respectively) fare worse than India
23) Answer: C
Private sector lender Karur Vysya Bank (KVB) announced that the Reserve Bank of India (RBI) has approved the appointment of former RBI executive Ms. Meena Hemchandra as part-time chairman of the bank for three years.
Ms. Hemchandra is a career banker with over 35 years of banking experience in various departments of the RBI.
She was the Executive Director of RBI from June 2015 to November 2017.
24) Answer: D
The New India Assurance Company Ltd (NIACL) appointed its General Manager Ms. Madhulika Bhaskar as the Chairman cum Managing Director (CMD) for three months with effect from the date of assumption of charge or till a regular appointee takes over, or until further orders, whichever is earlier.
The Cabinet Appointments Committee (ACC) has approved the proposal by the Department of Financial Services to grant financial and administrative powers and functions to the position of CMD, NIACL.
25) Answer: E
The Government of India (GoI) has nominated 29 non-official members from different sectors, including large and small enterprises, to the Board of Trade, the advisory body on foreign trade policy.
The Board, headed by the Union Minister of Commerce and Industry Shri Piyush Goyal advises the government on policy measures to improve the country’s foreign trade.
The board, which includes participants from states, union territories, and senior officials from public and private sectors, provides a platform to discuss ways on boosting manufacturing and exports.
26) Answer: A
The Competition Commission of India (CCI) approves the acquisition of Solenergi Power Private Limited (Target) by Shell Overseas Investments B.V.’s (Acquirer) from Actis Solenergi Limited under Section 31(1) of the Competition Act, 2002.
The proposed combination pertains to the acquisition of 100% shareholding and sole control of the Target by the Acquirer.
The acquirer is a company incorporated in the Netherlands and is a part of the Shell group.
27) Answer: D
The Competition Commission of India (CCI) approves the acquisition by Shrem InvIT of equity in ten road infrastructure projects (Target SPVs) from Dilip Buildcon Limited (DBL) and its associates under Section 31(1) of the Competition Act, 2002.
The proposed combination involves the acquisition of 100 percent of the equity in the target special purpose vehicles (SPVs).
The deal includes the issuance of certain units of Shrem InvIT to Dilip Buildcon and its associates.
28) Answer: E
The BCCI (Board of Control for Cricket in India) has named the Indian women’s cricket team for the upcoming Commonwealth Games, which will be held in Birmingham from July 28 to August 8.
Harmanpreet Kaur will serve as the team’s captain.
Sneh Rana, Harleen Deol, and Taniya Bhatiya served as the team’s wicketkeepers.
The team’s primary choice for a wicketkeeper is Yastika Bhatia.
29) Answer: B
Noted social worker and Padma Shri awardee Avdhash Kaushal Passed away at the age of 87.
Avadesh Kaushal was a native of Meerut, Uttar Pradesh.
He was an Indian academic, environmentalist, and activist.
30) Answer: A
Former New Zealand cricket captain and batter Barry Sinclair has Passed away at the age of 85.
Sinclair was born on 23 October 1936 in Wellington, New Zealand.
He was the third Kiwi batter after Bert Sutcliffe and John R Reid to score 1,000 runs in Test cricket.
31) Answer: C
British composer Monty Norman, who was the man behind the iconic James Bond theme, passed away at the age of 94.
Monty Norman was born in 1928, in London.
He was a composer, singer, writer, and lyricist.
