Daily Current Affairs Quiz – 19th August 2022

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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2022 of 19th 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) Every year, World Humanitarian Day has been observed on which of the following day?

(a) 18 August

(b) 22 August

(c) 19 August

(d) 21 August

(e) 20 August


2) Which of the following day is celebrated annually on 19 August?

(a) World Photography Day

(b) World Mosquito Day

(c) World Senior Citizens’ Day

(d) National Sports Day

(e) International Day against Nuclear Tests


3) Name the Union Minister of State for Health, who introduced the Parenting App and the Paalan 1000 national campaign in Mumbai?

(a) Prahalad Singh Patel

(b) Arjun Ram Meghwal

(c) Bharti Pravin Pawar

(d) Ramdas Athawale

(e) Sadhvi Niranjan Jyoti


4) Prime Minister Narendra Modi has announced the ‘Panch Pran’(Five Resolves) goal for the next _____ years.

(a) 25

(b) 18

(c) 34

(d) 21

(e) 15


5) Which of the following country has contributed $400,000 (more than Rs 3 crore) to as many as four Voluntary Trust Funds?

(a) France

(b) Canada

(c) India

(d) Norway

(e) Belgium


6) Which became the first country in the world to approve the COVID-19 booster vaccine targeting Omicron strains?

(a) USA

(b) India

(c) the UK

(d) France

(e) Russia


7) Which of the following district became the first fully “functionally literate” district in India?

(a) Dewas

(b) Jabalpur

(c) Balaghat

(d) Mandla

(e) Sehore


8) Where was the State Bank of India (SBI) launched its first branch dedicated to start-ups?

(a) Lucknow, Uttar Pradesh

(b) Hyderabad, Telangana

(c) Bengaluru, Karnataka

(d) Surat, Gujarat

(e) Mumbai, Maharashtra


9) Which bank has signed an MoU with Food Corporation of India (FCI) to provide “Ultima Salary Package”, a best-in-class salary account with exclusive benefits & features to all its employees?

(a) Bandhan Bank

(b) Axis Bank

(c) UCO Bank

(d) ICICI Bank

(e) RBL India


10) The RBI has announced BBPS to facilitate inward gross payments for Non-Resident Indians (NRIs) to pay bills in India. What does ‘S’ denotes in BBPS?

(a) Sales

(b) Single

(c) Service

(d) System

(e) Standard


11) According to data released by the commerce ministry, The Wholesale Price Index (WPI)-based inflation rate in India reduced to _____ in July.

(a) 16.93%

(b) 13.93%

(c) 19.93%

(d) 22.93%

(e) 17.93%


12) The Emergency Credit Line Guarantee Scheme (ECLGS) limit was increased by Rs 50,000 crore to ______ crore with the approval of the Union Cabinet.

(a) Rs 4 lakh

(b) Rs 5 lakh

(c) Rs 7 lakh

(d) Rs 2 lakh

(e) Rs 6 lakh


13) William Samoei Arap Ruto has been elected as the President of which country?

(a) Argentina

(b) the Maldives

(c) Chile

(d) Ghana

(e) Kenya


14) Who has been appointed as the Chairman of the National Bank for Agriculture and Rural Development (NABARD)?

(a) Mukhtar Ansari

(b) Mohammad Mustafa

(c) Rajesh Ranjan

(d) Sadhu Yadav

(e) Aakanksha Singh


15) Which company has elevated its Executive Director Mr. Anuj Poddar to Managing Director (MD) and Chief Executive Officer (CEO)?

(a) Crompton

(b) Orient Electric

(c) Voltas

(d) Bajaj Electricals

(e) Philips


16) Who has been appointed as the Managing Director of the National Bank for Financing Infrastructure and Development (NaBFID)?

(a) K V Kamath

(b) Pankaj Jain

(c) Rajkiran Rai

(d) Sumita Dawra

(e) Sanjay Gupta


17) Which organization has approved the merger proposal of HDFC Bank and its parent HDFC Limited?

(a) SEBI

(b) RBI

(c) CCI

(d) NITI Aayog

(e) IRDAI


18) The Competition Commission of India has approved the acquisition of the stake in Holderind Investments Limited, ___________, and ACC Limited by Endeavour Trade and Investment Limited.

(a) India Cement

(b) UltraTech Cement

(c) Ramco Cements

(d) Ambuja Cements

(e) Shree Cement


19) The Competition Commission of India (CCI) has approved the acquisition of majority shareholding in Optimus Drugs Private Limited (ODPL) by which company?

(a) Oxford Antibiotic Group

(b) Rare Pharma Limited

(c) KE Pharma Consultants Limited

(d) Sekhmet Pharmaventures Private Limited

(e) EptivA Therapeutics Limited


20) The Office of the Principal Scientific Adviser (PSA) to the Government of India (GoI)has launched a _______ platform.

(a) Phanthan

(b) Manthan

(c) Kandan

(d) Santoor

(e) Limca


21) Which of the following states host Asia’s oldest football tournament Durand Cup 2022?

(a) Manipur

(b) Assam

(c) West Bengal

(d) All of the above

(e) Both (a) and (c)


22) The Competition Commission of India (CCI) has approved the acquisition of a stake in ____________ by Abu Dhabi Investment Authority (ADIA).

(a) Indiabulls Home Loans

(b) Home First Finance Company

(c) IIFL Home indirectly

(d) Mahindra Rural Housing Finance

(e) Grihashakti Home Loans


23) Recently, Kevin O’Brien announced his retirement from international cricket after the T20 World Cup 2022 in Australia. Did he play cricket for which country?

(a) Namibia

(b) Ireland

(c) the Netherlands

(d) Australia

(e) Oman


24) The statutory body, Competition Commission of India (CCI) came under which Ministry?

(a) Ministry of Statistics and Programme Implementation

(b) Ministry of Housing and Urban Affairs

(c) Ministry of Commerce and Trade

(d) Ministry of Health and Family Welfare

(e) Ministry of Corporate Affairs


25)  Where is the headquarters of the National Bank for Agriculture and Rural Development (NABARD) located?

(a) Indore, Madhya Pradesh

(b) Lucknow, Uttar Pradesh

(c) New Delhi

(d) Mumbai, Maharashtra

(e) Hyderabad, Telangana


Answers :

1) Answer: C

  • World Humanitarian Day is commemorated every year on 19 August to pay tribute to humanitarian workers killed and injured in the course of their work, and to honor all aid and health workers who continue, despite the odds, to provide life-saving support and protection to people most in need.

History:

  • The chief of Iraq’s humanitarian organization was among the 22 brutally killed when a bomb exploded at the Canal Hotel in Baghdad, Iraq, on August 19, 2003.
  • The UN General Assembly designated this day as World Humanitarian Day in 2009 to honor the bombing.


2) Answer: A

  • World Photography Day is observed on August 19 each year.
  • The annual celebration pays tribute to the art of photography and also encourages those who are passionate about it to come together and share their work.

History

  • The inception of this day dates back to 1837 when Frenchmen Joseph Nicephore Niepce and Louis Daguerre invented the ‘daguerreotype’ which was the world’s first-ever photographic process.
  • Two years later on January 9, 1939, the daguerreotype was officially endorsed by the French Academy of Sciences.
  • Seven months later on August 19, 1839, the French government is believed to have purchased the patent for the device.


3) Answer: C

  • Bharti Pravin Pawar, the Union Minister of State for Health, introduced the Parenting App and the Paalan 1000 national campaign in Mumbai.
  • To lower the child mortality rate and provide for infants throughout their first 1000 days after birth, the Paalan 1000 National campaign and Parenting App were launched.
  • The program was virtually launched by the Union Minister of State for Health.
  • Bharti Pravin Pawar spoke at the launch event and noted that India has made tremendous progress in lowering the child death rate since 2014, when it was 45 per 1000 live births, to 35 per 1000 live births in 2019.


4) Answer: A

  • Prime Minister Shri Narendra Modi addressed the country for the ninth time straight from the Red Fort.
  • Prime Minister Modi laid out his “Panch Pran Targets” (Five Resolves) to transform India into a developed nation by the time it marks its 100th Independence Day in 25 years.
  • The Panch Pran Goal was brought up by the prime minister.
  • According to the Panch Pran, recognized Indian criteria include sanitation campaigns, immunizations, electrical connections, the removal of open defecation, and the use of solar energy.
  • According to PM Modi, when the nation celebrates 100 years of independence in 2047, these five resolutions (Panch Pran) will be important for a developed country.
  • One of these five resolutions is the prime minister’s vision of “Vishwaguru India” (Panch Pran).


5) Answer: C

  • The Permanent Mission of India to the United Nations in Geneva has announced that India has contributed $400,000 (more than Rs 3 crore) to as many as four Voluntary Trust Funds.
  • It continued by stating that the gift to the Voluntary Trust Funds was given to demonstrate India’s dedication to the promotion and defense of human rights on a worldwide scale as well as its support for the UN Human Rights Council.
  • India has given $400,000 to 4 Voluntary Trust Funds on Torture, Technical Cooperation, and Implementation of UPR & LDCs/SIDS, demonstrating our dedication to the global promotion & protection of human rights as well as our support for @UNHumanRights.
  • The Voluntary Trust Funds donated by India are for torture victims, technical help, and financial and technical support for the Universal Periodic Review’s implementation.
  • Additionally, India contributed volunteer technical assistance and voluntary trust funds to encourage participation by least developed nations (LDCs).
  • The four trust funds to which donations have been made in the council’s activities are known as Small Island Developing States (SIDS).


6) Answer: C

  • The United Kingdom (UK) has become the first country to approve Moderna’s “bivalent” COVID-19 vaccine that targets both the original strain of COVID-19 and the newer Omicron variant.
  • The Medicines and Healthcare products Regulatory Agency (MHRA) had approved the Moderna vaccine as a “sharpened tool” against the novel coronavirus after it was found to meet its standards of safety, quality and effectiveness.
  • The UK’s independent Joint Committee on Vaccination and Immunization (JCVI) will now advise on how this new vaccine should be rolled out as part of the country’s booster vaccine deployment program.
  • The vaccine has also been submitted for approval with the authorities in Australia, Canada, and the European Union (EU). 

7) Answer: D

  • Madhya Pradesh’s tribal-dominated Mandla region has become the first fully “functionally literate” district in
  • The declaration was made by the state minister of food and civil supplies Shri Bisahulal Singh.
  • Within two years, the entire district has become functionally literate, claiming that people were able to write their names, count, and read.
  • The district administration launched a campaign in 2020 to make the residents fully literate.
  • For this purpose, the administration employed the education, and women and child development departments along with social workers to educate the people.


8) Answer: C

  • State Bank of India (SBI) has launched its first branch dedicated to start-ups in Koramangala, Bengaluru, and Karnataka.

Aim :

  • To provide end-to-end financial and advisory services to startups.
  • The branch launched by SBI Chairman Mr. Dinesh Khara is located in Koramangala, which alongside neighboring HSR Layout and Indiranagar are the biggest start-up hubs in Bengaluru, Karnataka.
  • After Bengaluru, the next branch will be opening in Gurgaon, Haryana and the 3rd one will be in Hyderabad, Telangana.


9) Answer: B

  • Axis Bank, India’s third largest private sector bank, has signed a Memorandum of Understanding (MoU) with Food Corporation of India (FCI) to provide “Ultima Salary Package”, a best-in-class salary account with exclusive benefits & features to all its employees.
  • The signing ceremony was held at FCI Headquarters, New Delhi where FCI was represented by Shri G. N Raju, GM HQ, and Axis Bank was represented by Shri Anil Agarwal, President, Financial Institutions Group & Lt Col M.K Sharma, National Accounts Head.


10) Answer: D

  • Reserve Bank of India (RBI) Governor Mr. Shaktikanta Das announced Bharat Bill Payment System (BBPS) to facilitate inward gross payments for Non-Resident Indians (NRIs) to pay bills in India.
  • This move will enable non-resident Indians (NRIs) to pay any bill, like insurance, electricity, and other utilities, on behalf of their families in India.
  • The BBPS is an interoperable platform for standardized bill payments.
  • This is being provided to ease of payment for many families, especially senior citizens who find it difficult to make their payments and whose children reside abroad.
  • Over 20,000 billers are part of the system, and more than 8 crore transactions are processed every month.
  • At present, BBPS is accessible only to Indian residents.


11) Answer: B

  • The Wholesale Price Index (WPI)-based inflation rate in India reduced to 13.93% in July, according to data released by the commerce ministry.
  • From a record-breaking 63 percent in May to 15.18 percent in June, the WPI inflation rate decreased.
  • Inflation measured by the Wholesale Price Index (WPI) was 11.57 percent in July 2021.
  • The wholesale price index grew by double digits in July, making it the WPI’s 16th month in a row to grow by more than 10%.
  • The Wholesale Price Index decreased in July due to a decline in food inflation, which was down 300 basis points from June to 9.41%. (WPI).


12) Answer: B

  • The Emergency Credit Line Guarantee Scheme (ECLGS) limit was increased by Rs 50,000 crore to Rs 5 lakh crore with the approval of the Union Cabinet, with the additional sum being reserved exclusively for businesses in the hospitality and associated industries.
  • ECLGS is an ongoing scheme, and the additional sum of Rs. 50,000 crores will be made available to firms in the hospitality and adjacent sectors till the plan’s expiration date of March 31, 2023.
  • The improvement is anticipated to give these industries’ businesses the much-needed relief they require by encouraging lending institutions to extend low-cost extra credit of up to Rs 50,000 crore, allowing them to satisfy their operational obligations and carry on with their operations.
  • Up till August 5, loans under the ECLGS totaled roughly Rs. 3.67 billion crores.


13) Answer: E

  • Kenya’s Deputy President Mr. William Samoei Arap Ruto won the presidential election in 2022 after defeating Raila Odinga garnered 7176,141 votes or 50.49 percent of the total votes.
  • He will be succeeding Uhuru Kenyatta.
  • With this, William Ruto becomes the 5th President of Kenya.
  • William Ruto was born on 21 December 1966 in Sambut village, Kamagut, Kenya.
  • He was a Member of Parliament (MP) from 1998 to 2013.
  • He served as Minister for Home Affairs in the Daniel Arap Moi administration from August to December 2002.


14) Answer: B

  • The Financial Services Institutions Bureau (FSIB) has recommended Mr. Mohammad Mustafa for the post of National Bank for Agriculture and Rural Development (NABARD) Chairman.
  • The final decision on the recommendation of FSIB would be taken by the Appointments Committee of the Cabinet, headed by Prime Minister Shri Narendra Modi.
  • Mustafa is a 1995 batch IAS officer of the Uttar Pradesh cadre.
  • He served as the Chairman & Managing Director (CMD) of the Small Industries Development Bank of India (SIDBI).
  • He had served as a Joint Secretary in the Department of Financial Services and also as a
  • He also served as CMD of the National Housing Bank (NHB) between 2014-15 and as MD of CERSAI in


15) Answer: D

  • Consumer durable products maker Bajaj Electricals elevated it’s Executive Director Mr. Anuj Poddar to Managing Director (MD) and Chief Executive Officer (CEO).
  • Anuj Poddar joined Bajaj Electrical in 2018 as its executive director.
  • Meanwhile, Shekhar Bajaj shall continue as executive chairman of Bajaj Electricals.


16) Answer: C

  • The Centre and the board of National Bank for Financing Infrastructure and Development (NaBFID) have appointed Rajkiran Rai G as its managing director (MD) for five years (2022-2027)
  • He was the Managing Director (MD) & Chief Executive Officer (CEO) of Union Bank of India from
  • In October 2021, the Center appointed K V Kamath as chairperson of NaBFID for three years.
  • Subsequently, government nominees Pankaj Jain and Mr. Sumita Dawra were appointed directors to the board of Development Finance Institution (DFI).


17) Answer: C

  • Fair trade regulator Competition Commission of India (CCI) has approved the merger proposal of HDFC Bank, India’s Largest Private Sector Bank & its parent HDFC Ltd, India’s Largest Housing Finance Company.
  • The proposed combination involves the amalgamation of HDFC Limited, HDFC Bank, HDFC Investments, and HDFC Holdings.


18) Answer: D

  • The Competition Commission of India (CCI) approves the acquisition of the stake in Holderind Investments Limited, Ambuja Cements Limited, and ACC Limited by Endeavour Trade and Investment Limited.
  • The proposed combination envisages the acquisition of the entire share capital of Holderind Investments Limited (Holderind) by Endeavour Trade and Investment Limited (Endeavour).
  • Holderind holds 63.11% of the equity share capital of Ambuja Cements Limited (Ambuja) and 4.48% of the equity share capital of ACC Limited (ACC).
  • Further, Ambuja holds 50.05% of the paid-up equity share capital of ACC.


19) Answer: D

  • The Competition Commission of India (CCI) approves the acquisition of majority shareholding in Optimus Drugs Private Limited (ODPL) by Sekhmet Pharmaventures Private Limited (Sekhmet) and ODPL’s acquisition of a shareholding in Optimus Pharma Private Limited (OPPL) and Optimus Life Science Private Limited (OLSPL) under Section 31(1) of the Competition Act, 2002.
  • Sekhmet is a private company engaged in providing management services to its subsidiary, Anjan Drugs Private Limited (Anjan). 
  • Anjan is engaged in the manufacture and sale of active pharmaceutical ingredients (APIs) and pharmaceutical intermediates in India and abroad.
  • Sekhmet belongs to the PAG group, a group that is a leading alternative investment firm focused on APAC, with a combination of three core strategies – Credit & Markets, Private Equity, and Real Assets.


20) Answer: B

  • The Office of the Principal Scientific Adviser (PSA) to the Government of India (GoI)has launched a Manthan platform with the vision to enable and empower all spheres of science and technology within India.

Aim :

  • To promote collaboration at scale between industry and the scientific research and development ecosystem to help meet India’s sustainability goals in alignment with the UN-defined Sustainable Development Goals (SDG) charter.
  • The launch commemorates India’s 75 years of independence – Azadi ka Amrit Mahotsav.
  • The Platform is Led by the Office of PSA & powered by the National Stock Exchange of India Limited (NSEIT).


21) Answer: D

  • Durand Cup, Asia’s Oldest Football Tournament, has begun. Rajnath Singh, the Union Defense Minister, and General Manoj Pande, the Chief of Army Staff, will go to Manipur to see the opening game of the 131st Durand Cup 2022.
  • In Imphal, the Khuman Lampak Stadium will host the opening game.
  • The Durand Cup will take place in West Bengal, Assam, and Manipur in 2022.
  • The Salt Lake Stadium, Naihati Stadium, and Kishore Bharati Stadium will all host the matches in Kolkata.
  • The game will take held in Guwahati, Assam, at the Indira Gandhi Athletic Stadium.


22) Answer: C

  • The Competition Commission of India (CCI) has approved the acquisition of a stake in IIFL Home indirectly by Abu Dhabi Investment Authority (ADIA).
  • The proposed transaction relates to the acquisition of up to 20 percent stake in IIFL Home Finance by Platinum Owl C 2018 RSC Ltd, a trustee acting for Platinum Jasmine Trust.
  • ADIA is the sole beneficiary and settlor of the Platinum Jasmine Trust.
  • In June 2022 IIFL Home Finance, a subsidiary of IIFL Finance Ltd, had entered into definitive agreements for raising Rs 2,200 crore of primary capital for a 20 percent stake from a wholly-owned subsidiary of ADIA.


23) Answer: B

  • Kevin O’Brien, an all-rounder for Ireland, has declared his retirement from international cricket after being eliminated from the running for the T20 World Cup in Australia this year.
  • Throughout a 16-year international career, O’Brien participated in three Tests, 153 one-day matches, and 110 T20 matches.
  • The 38-year-old is renowned for scoring a 50-ball century against England in a 2011 World Cup group match in India, which remains the tournament’s quickest century.
  • He also claimed 276 wickets.


24) Answer: E

Competition Commission of India (CCI) :

  • Established: 14 October 2003
  • Headquarters: New Delhi, Delhi, India
  • Chairman: Ashok Kumar Gupta
  • Secretary: Ashok Kumar Gupta
  • CCI is the chief national competition regulator in India.
  • It is a statutory body within the Ministry of Corporate Affairs.


25) Answer: D

National Bank for Agriculture and Rural Development (NABARD):

  • Established: 12 July 1982
  • Headquarters: Mumbai, Maharashtra, India
  • NABARD is the apex regulatory body for the overall regulation of regional rural banks and apex cooperative banks in
  • It is under the jurisdiction of the Ministry of Finance, Go

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