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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2022 of 23rd & 24th October 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) United Nations Day is observed on which among the following day in October?
(a) October 21
(b) October 22
(c) October 23
(d) October 24
(e) October 25
2) World Polio Day 2022 is observed on the 24th of October 2022. It is celebrated on the birth anniversary of whom among the following?
(a) Jonas Salk
(b) Albert Sabin
(c) Françoise Gilot
(d) Peter Salk
(e) Alexander Fleming
3) Prime Minister Shri Narendra Modi announced “Mission Schools of Excellence” in which among the following state?
(a) Rajasthan
(b) Uttar Pradesh
(c) Gujarat
(d) Maharashtra
(e) Odisha
4) Prime Minister Shri Narendra Modi has recently launched Mission ___________ in Kevadiya, Gujarat to protect the environment
(a) Mission NATURE
(b) Mission LIFE
(c) Mission PURE
(d) Mission GREEN
(e) Mission HERB
5) As per the Indian Railways, It has planned to achieve net-zero carbon emission by which year?
(a) 2025
(b) 2020
(c) 2030
(d) 2040
(e) 2045
6) 5th Edition of the International trade fair named Windergy India 2023 going to take place in which city?
(a) Leh, Ladakh
(b) Vishakhapatnam, Andhra Pradesh
(c) Hyderabad, Telangana
(d) Shimla, Himachal Pradesh
(e) Chennai, Tamilnadu
7) Which among the following E-commerce platform has become the first to go live on Open Network for Digital Commerce (ONDC) in the Bengaluru beta test?
(a) Amazon
(b) Flipkart
(c) Snapdeal
(d) Ebay
(e) Paytm Mall
8) The Gujarat International Finance Tec-City (Gift City) and which country’s Fintech Association has recently signed MoU to Strengthen Fintech Ecosystem in the fintech domain?
(a) US
(b) UAE
(c) Japan
(d) UK
(e) Australia
9) Recently, the Government of India has hiked Interest Rates on Small Savings Schemes for Q3 of FY23. As per the report, what is the current Interest of KVP (Kisan Vikas Patra)?
(a) 6.90
(b) 6.95
(c) 7.00
(d) 7.50
(e) 7.10
10) Recently Competition Commission of India (CCI) penalized MakeMyTrip, Goibibo, and OYO of ___________ Crore rupees for “unfair business practices”
(a) 250 Crore rupees
(b) 285 Crore rupees
(c) 327 Crore rupees
(d) 392 Crore rupees
(e) 412 Crore rupees
11) As per the Ministry of Housing & Urban Affairs which among the state came 1st in Pradhan Mantri Awas Yojana – Urban (PMAY-U)?
(a) Uttar Pradesh
(b) Madhya Pradesh
(c) Tamil Nadu
(d) Kerala
(e) Karnataka
12) “DX 2022 Awards,” for best practices in digital transformation in the BFSI sector was won by which among the following bank?
(a) Bank of Maharastra
(b) Karnataka Bank
(c) City Union Bank
(d) IDBI Bank
(e) Bandhan Bank
13) India Expo conferred with National Tourism Award 2018-2019 for Best Standalone Convention Centre held at ________________
(a) Ahmadabad
(b) Mumbai
(c) New Delhi
(d) Jaipur
(e) Leh
14) Who among the following has been recently appointed as the New Defence Secretary of India?
(a) Ajay Kumar
(b) Rahul Sharma
(c) Rajiv Krishna
(d) Sanjay Kumar
(e) Aramane Giridhar
15) Recently Government of India has appointed whom as the new Revenue Secretary?
(a) Tarun Bajaj
(b) Sanjay Malhotra
(c) Shekar Krishna
(d) Dhayal Dheena
(e) Rohit Mittal
16) Pintola, Fast Moving Consumer Goods (FMCG) Company recently appoints which Indian cricketer as its brand ambassador?
(a) K L Rahul
(b) Virat Kohli
(c) Rohit Sharma
(d) Ravindra Jadeja
(e) Suryakumar Yadav
17) The Competition Commission of India has imposed a penalty of Rs. 1,337.76 crores on _____________ for abusing its dominant position in multiple markets
(a) Google
(b) Microsoft
(c) Amazon
(d) IBM
(e) Apple
18) CCI approves acquisition of ___________ % stake by CA Basque Investments of Yes Bank Limited under Section 31(1) of the Competition Act, 2002
(a) 10%
(b) 20%
(c) 30%
(d) 40%
(e) 49%
19) Indian Space Research Organization (ISRO) is all set to launch Chandrayaan-3 In June 2023. It is India’s _________ Moon Mission
(a) 1st
(b) 2nd
(c) 3rd
(d) 4th
(e) 5th
20) As per the recent report by the Ministry of Sports 5th Khelo India Youth Games will take place in which state?
(a) Maharashtra
(b) Odisha
(c) Haryana
(d) West Bengal
(e) Madhya Pradesh
Answers :
1) Answer: D
United Nations Day 2022 is observed on the 24th of October 2022.
The United Nations Conference took place in San Francisco in 1945. 50 countries came to the conference to form the United Nations Charter.
The United Nations Organisation aims to bring peace among the people to stop the War Situation.
UNO also works to reduce Poverty across the Globe.
The Permanent members of UNO are the United States, India, the United Kingdom, France, Turkey, and Canada.
United Nations Day is celebrated for the remembrance of the formation of the United Nations Organisation. United Nations Day is celebrated annually.
This year United Nations Day 2022 will be celebrated by UNO globally by conducting a Peace Conference.
2) Answer: A
World Polio Day 2022 is observed on the 24th of October 2022.
World Polio Day is first initiated and Celebrated by Rotary International for the birthday of Jonas Salk, the Medical Researcher who led the first team to develop a vaccine against polio.
He developed the Inactivated Poliovirus Vaccine in 1955.
Later Albert Sabin developed Oral Polio Vaccine in 1962.
Rotary International and WHO established the Global Polio Eradication Initiative (GPEI) in 1988.
At the time there were around 3,50,000 cases across the world.
Now the European Countries have completely eradicated polio and now announced themselves as Polio-free Countries.
But Still Asian Countries like Afghanistan, Pakistan, and India still find rare cases across the country.
World Polio Day 2022 is celebrated for over a decade now by Rotary International.
This year they announced an awareness program to vaccinate babies as per the schedule.
3) Answer: C
Prime Minister Shri Narendra Modi announced “Mission Schools of Excellence”
The ‘Mission Schools of Excellence is a large-scale initiative in Gandhinagar with the dual objectives of changing the curricula in Gujarat’s public schools and responding to accusations of the State government for the poor quality of education made by the Aam Aadmi Party (AAP).
The “Mission Schools of Excellence” are funded in part by the World Bank and have a budget of 10,000 crores.
Its goal was to provide new classrooms, smart classrooms, computer labs, and other enhancements to the state’s educational infrastructure.
In the first phase, improvements to school infrastructure will cost about 5,567 crores.
Along with the 1.5 lakh smart classrooms, the project would also construct 50,000 classrooms, 20,000 computer laboratories, and 5,000 Atal Tinkering labs in government schools.
To improve the quality of instruction in classrooms, Mr. Modi had earlier constructed a school monitoring center in Gandhinagar and asked all States to establish similar state-of-the-art facilities.
4) Answer: B
PM Modi has launched the Mission LIFE effort to protect the environment.
Prime Minister Narendra Modi gave a strong reprimand.
Following the global inauguration of Mission LiFE at Gujarat’s Statue of Unity in the presence of UN Secretary-General Antonio Guterres, the Prime Minister addressed the gathering, claiming that lifestyle changes can help to combat climate change.
The Prime Minister emphasized while underlining India’s commitment to tackling the problem of climate change, that a circular economy and the concepts of reducing, reusing, and recycling have been established in Indian culture for thousands of years.
India is the most successful example of economic development and environmental protection.
The Prime Minister alluded to Mahatma Gandhi’s concept of trusteeship, saying that Mission LiFE encourages us to serve as environmental trustees.
5) Answer: C
The Indian Railways plans to achieve net-zero carbon emissions by 2030 and also focus on increasing network capacity.
The country’s railway network is being electrified to reduce pollution and carry on transportation in an environment-friendly way.
The Railways will attempt to reduce its carbon footprint primarily by sourcing its energy requirements from renewable energy sources.
By 2029-30, an expected requirement of installation of renewable capacity would be about 30 GW.
Indian Railways has installed 142 MW of solar rooftop capacity and 103.4 MW of Wind energy till August.
The railways have electrified 52,508 RKM out of the total BG network of 65,141 RKM (80.61%).
With 100% electrification, the electricity demand will go up to about 72 BUs by 2029-30 from 21 BUs in 2019-20.
Carbon emission by 2029-30 as per Business As Usual (BAU) mode is estimated to be 60 million tons which would be offset by various measures planned by Indian Railways
6) Answer: E
The fifth edition of Windergy India 2023, the most complete international trade fair and conference in India, will take place from October 4 to October 6, 2023, in Chennai, Tamil Nadu.
The three-day trade fair and conference, Windergy India 2023, is being organized by the Indian Wind Turbine Manufacturers Association (IWTMA) and PDA Ventures Pvt Ltd.
It will offer a dynamic forum for meeting and interacting with policymakers, regulatory authorities, and international and domestic technology, solution, and services providers from the wind power industries.
7) Answer: E
Paytm E-commerce Private Limited (PEPL), the parent of Paytm Mall, became the first app to go live on the Open Network for Digital Commerce (ONDC) in Bengaluru, Karnataka.
This is a major milestone in the democratization of e-commerce in India.
The network started beta testing for the public across 16 pin codes in Karnataka.
This will enable the purchase and sale of goods in the Indian market, driving transparency and digital independence for small businesses in the country
For now, people can place orders in two domains groceries and restaurants through buyer-side apps, giving users access to a wide range of local businesses.
The Bengaluru beta testing has begun with MyStore and Spice Money as buyer-side apps.
8) Answer: C
The Gujarat International Finance Tec-City (Gift City) has inked an agreement with the Fintech Association of Japan (FAJ) to promote innovation and entrepreneurship in the fintech domain.
Aim :
To strengthen and create more value for the entities in GIFT City that will further spread awareness, knowledge, and empowerment in the fintech domain.
GIFT City and FAJ will also organize boot camps, hackathons, and incubation and acceleration programs focused on fintech areas such as payments, lending, financial planning, insurance technology, regulatory technology, wealth management, and trade processing, among others.
The entrepreneurial programs will also focus on financial inclusion, cyber security, artificial intelligence (AI), blockchain, and human augmentation.
9) Answer: C
The Finance Ministry hiked interest rates on 5 of 12 small savings schemes for Q3FY23 (October-December).
The changes have come amid a higher inflation rate and a rising interest rate cycle.
The recent retail inflation print for August came in at 7%, marking the eighth month above the upper threshold of the Reserve Bank of India’s (RBI’s) target of 4 +/- 2 %, and almost three years (35 months) of staying above 4%.
Interest for small savings instruments for the Q3 (October –December) 2023 :
| Scheme | Rate of interest from October 2022 to December 2022 | Rate of interest from July 2022 to August 2022 | Interest compounded |
| Savings account | 4.00% | 4.00% | Annually |
| 1-year time deposit | 5.50% | 5.50% | Quarterly |
| 2-years time deposit | 5.70% | 5.50% | Quarterly |
| 3-years time deposit | 5.80% | 5.50% | Quarterly |
| 5-years time deposit | 6.70% | 6.70% | Quarterly |
| 5-years Recurring Deposit | 5.80% | 5.80% | Quarterly |
| 5year Senior Citizen Saving Scheme | 7.60% | 7.40% | Interest paid quarterly, Quarterly |
| 5- years Monthly Income Account Scheme | 6.70% | 6.60% | Interest paid monthly |
| 5 -years NSC | 6.80 % | 6.80 % | Annually |
| PPF (Public Provident Fund) | 7.10% | 7.10% | Annually |
| KVP (Kisan Vikas Patra) | 7.00 %(matures123 months) | 6.90 %(matures124 months) | Annually |
| Sukanya Samriddhi Account Scheme | 7.60% | 7.60% | Annually |
10) Answer: D
The Competition Commission of India (CCI) levied fines of Rs 392 crore against Make My Trip, Goibibo (MMT-Go), and OYO.
These companies were penalized by CCI for “unfair business practices,” as detailed in a 131-page decision.
OYO will pay a punishment of Rs 168.88 crore, and Make My Trip and Goibibo will each pay Rs 223.48 crore.
According to MMT-Go, its contracts with lodging partners required pricing parity.
These agreements forbid the hotel from offering its rooms for sale on any other website or platform for less than the price listed by the two organizations.
OYO received special treatment on the Make My Trip platform, preventing other businesses from accessing the market.
The conclusions come from a thorough study of the situation that lasted from 2019 until now.
Additionally, the CCI ordered MMT-GO to make the necessary changes to the contracts it has with hotels and hotel chains to remove or abandon the price parity and room availability requirements it had placed on these partners.
11) Answer: A
According to Union Minister of Housing & Urban Affairs Hardeep Singh Puri, the majority of housing projects funded by the Pradhan Mantri Awas Yojana – Urban (PMAY-U) housing scheme has been completed.
Every year, the PMAY-U Awards 2021 are planned to honor the States, Union Territories, and urban local authorities who have contributed to the program’s implementation in Rajkot.
In terms of the awards, Uttar Pradesh came in first, followed by Madhya Pradesh in second and Tamil Nadu in third.
Gujarat, which is awaiting the results of its elections, received five special category honors for its work in the areas of affordable rental housing complexes and “convergence with other missions.”
Following Jammu and Kashmir, which was named the “Best Performing UT” alongside Dadra and Nagar Haveli and Daman & Diu, Madhya Pradesh received three special category awards.
The Ministry of Housing and Urban Affairs (MoHUA) has honored Odisha with the coveted PMAY-U Awards 2021 for the best policy innovation in a certain area.
12) Answer: B
Karnataka Bank has won the Confederation of Indian Industry’s (CII) National Digital Transformation Awards, “DX 2022 Awards,” for best practices in digital transformation in the BFSI sector.
The prizes for “Innovative Excellence” in “KBL HR NxT – Employee Engagement,” “KBL Operations NxT – Operational Excellence,” and “KBL Customer NxT – Customer Experience” were given to senior bank executives in New Delhi.
KBL NxT was introduced in 2021 as part of KBL Vikas 2.0, with an emphasis on digitizing its many verticals such as operations, human resources, customer experience, digital marketing, and so on.
Highlights:
In 2017, KBL launched its Transformation Journey ‘KBL Vikaas’ in Mangaluru, Karnataka, in collaboration with the Boston Consulting Group (India) Private Ltd, (BCG).
In 2021, KBL launched the ‘KBL NxT’ concept to become the ‘next digital bank.’
The bank prioritizes digitization in areas such as customer experience, operations, human resources, technology, cyber security, digital marketing, and partnerships, among others.
Digital transformation has begun to contribute a significant share to the bank through the KBL Vikaas program.
13) Answer: C
India Exposition Mart Limited, one of the leading venue planners and providers in India that offers technology-driven, world-class facilities and safety standards suitable for hosting international business-to-business exhibitions, conferences, congresses, product launches, and promotional events, was awarded the National Tourism Award 2018-2019 for the “Best Standalone Convention Centre” for its Expo Centre & Mart, Greater Noida at the National Tourism Awards 2022 that was held at Vigyan Bhawan, New Delhi
The event saw the presence of Shri Jagdeep Dhankhar, his Excellency Vice-President of India; Shri G. Krishna Reddy, Hon’ble Minister of Tourism, Culture and Development of North Eastern Region of India, Govt. of India, Shri Ajay Bhatt, Hon’ble Minister of State for Tourism, Govt. of India and Shri Arvind Singh, IAS, Secretary (Tourism), Govt. of India along with other dignitaries.
81 awards were given highlighting the achievements of the Industry.
India Expo Mart has approximately 16 years of operating experience in the management and organization of exhibitions and trade fairs.
Many VVIP’s including the PM of India, Union Home Minister, various cabinet Ministers, and Chief Ministers of states have visited the venue for various exhibitions and conventions including the Indian Handicrafts and Gifts Fair, Elecrama, Auto Expo – The Motor Show, CPHI&P-MEC and Print Pack, COP 14, Petrotech’22, and recently World Dairy Congress’22 and many more others exhibitions have been organized at India Expo Centre & Mart, Greater Noida.
14) Answer: E
The Road Transport and Highways Secretary, Mr. Aramane Giridhar has been named the new defense secretary as part of a top-level bureaucratic reshuffle affected by the Centre.
He will take over as Defence Secretary after the retirement of Mr. Ajay Kumar on October 31, 2022.
Mr. Alka Upadhyaya, chairperson of the National Highways Authority of India, will be the new Road and Transport Secretary in place of Giridhar.
15) Answer: B
The government has appointed a 1990 batch Indian Administrative Service (IAS) officer of the Rajasthan cadre, Mr. Sanjay Malhotra as the new revenue secretary.
He will succeed Mr. Tarun Bajaj, who is retiring on November 30, 2022.
Currently, Mr. Malhotra, serving as secretary in the Department of Financial Services (DFS), will join the Revenue Department as an officer on special duty.
16) Answer: E
Fast Moving Consumer Goods (FMCG) company Das Foodtech Private Limited, which owns the nut butter brand Pintola, has appointed Indian cricketer Suryakumar Yadav as a Brand ambassador to endorse the company’s exclusive range of nut butter and rice cakes across platforms.
Yadav has become the brand ambassador for the second time in a row.
Pintola is aiming to further strengthen its market share and connect with the young Indian consumer.
The segment is committed to its vision of being present in 100 million households in the next 2 years
17) Answer: A
The Competition Commission of India (Commission) has imposed a penalty of Rs. 1,337.76 crores on Google for abusing its dominant position in multiple markets in the Android Mobile device ecosystem, and for violating Section 4 of the Act.
The fair trade regulator has also directed the tech giant to cease unfair business practices.
Google has been given a time of 30 days to provide the requisite financial details and supporting documents.
Smart mobile devices need an operating system (OS) to run applications (apps) and programs. Android is one such mobile operating system that was acquired by Google in 2005.
The CCI also directed Google to modify its conduct within a defined timeline.
18) Answer: A
The Competition Commission of India (CCI) approved the acquisition of a 10% stake of the total paid-up share capital and voting rights of the Yes Bank Limited (Target) by CA Basque Investments (Acquirer), under Section 31(1) of the Competition Act, 2002
CA Basque is a newly-formed special purpose vehicle (incorporated in Mauritius) and is fully owned by CA Marans Investments (Mauritius), which is ultimately controlled by the funds managed by the affiliates of The Carlyle Group Inc.
It is an investment holding entity and does not have any business activities in India.
The Carlyle Group Inc. is a global investment firm, which manages funds that invest globally across 3 investment disciplines:
- Global private equity
- Global credit
- Global investment solutions
19) Answer: C
The Indian Space Research Organization (ISRO) is set to launch its third mission Chandrayaan-3 (C-3) to the Moon in June 2023 onboard the Launch Vehicle Mark-3 (LVM3).
It will lift off with a more robust lunar rover on board which is crucial for future inter-planetary explorations.
About Chandrayaan-3 :
The Chandrayaan-3 mission is a follow-up of the Chandrayaan-2 of July 2019, which aimed to land a rover on the lunar South Pole.
The mission will be a repeat mission of Chandrayaan-2 and will consist of a lander and rover similar to Chandrayaan-2.
The legs to hold the body of the spacecraft while landing is designed to be more rugged and different improved sensors and algorithms have been used to identify places to land successfully.
It will not have an orbiter but its propulsion will act like a communications relay satellite.
20) Answer: E
The 5th edition of the Khelo India Youth Games will take place in Madhya Pradesh from January 31st to February 11th, 2023.
Union Minister for Youth Affairs and Sports Shri Anurag Thakur and Madhya Pradesh Chief Minister Shivraj Singh Chouhan attended the ceremony.
The upcoming Khelo India Youth Games will include indigenous games.
Madhya Pradesh has designated Mallakhamb as its state sport to promote Prime Minister Narendra Modi’s aim of supporting both Olympic and indigenous sports equally.
Shri Anurag Thakur, Union Minister for Youth Affairs and Sports stated that the fifth edition of the Khelo India Youth Games will be hosted in Madhya Pradesh.
The Khelo India Youth Games will take place in eight different locales.
The KIYG 2023 is scheduled to attract about 8500 sportsmen and sportspeople.
Khelo India Youngsters Games began in 2016 and has since offered an effective forum for India’s youth to showcase their sporting talents.
