Daily Current Affairs Quiz – 30th & 31st October 2022

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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2022 of 30th & 31st 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.

 

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1) World Savings Day is observed on the 31st of October 2022 every year. What is the theme of World Savings Day 2022?

(a) Saving prepares you for a better future

(b) Understanding the importance of savings

(c) When you save a bit, big things follow

(d) Savings can make all the difference

(e) The Ethics of Savings and Development


2) Which of the following day in October is observed as Halloween Day?

(a) 27th October

(b) 28th October

(c) 29th October

(d) 30th October

(e) 31st October


3) Every Year 31st of October is observed as National Unity Day. This is observed to honor the birth anniversary of whom among the following?

(a) Lal Bahadur Shastri

(b) Bhagat Singh

(c) Sardar Vallabhbhai Patel

(d) Jawaharlal Nehru

(e) Subhas Chandra Bose


4) Union finance minister Nirmala Sitharaman inaugurates a new & third campus of the Indian Institute of Foreign Trade (IIFT) at the Jawaharlal Nehru Technological University (JNTU) located at which state?

(a) Telangana

(b) Himachal Pradesh

(c) Haryana

(d) Andhra Pradesh

(e) Tamil Nadu


5) Which among the following becomes the first inter-city logistics company to join the Open Network for Digital Commerce (ONDC) Network?

(a) Blue Dart

(b) Delhivery

(c) FedEx

(d) Shiprocket

(e) Ekart


6) Donyi Polo Airport is in news. It was recently inaugurated by Prime Minister Shri Narendra Modi in which state?

(a) Arunachal Pradesh

(b) Bihar

(c) Chhattisgarh

(d) Assam

(e) Haryana


7) Which state government is planning to launch a Common App for the Entire Taxi Industry?

(a) Maharashtra

(b) West Bengal

(c) Mizoram

(d) Telangana

(e) Goa


8) IRDAI sets up a 15-member consultative committee to increase health insurance coverage which was headed by whom?

(a) Mithul Panda

(b) Rakesh Joshi

(c) Dharun Kumar

(d) Rajeev Rishi

(e) Mithil Mishra


9) IRDAI forms a ____________ member panel headed by Thomas M Devasia, Member (non-life) to develop insurance coverage for the rural population.

(a) 15 member panel

(b) 17 member panel

(c) 24 member panel

(d) 28 member panel

(e) 30 member panel


10) As per the article of Reserve Bank of India, India needs a dedicated wing to release _______ GDP estimates

(a) Green GDP

(b) Blue GDP

(c) Yellow GDP

(d) Orange GDP

(e) Red GDP


11) The Reserve Bank of India (RBI) has recently placed which among the following bank under Monitoring?

(a) City Union Bank

(b) CSB Bank

(c) Federal Bank

(d) IDBI Bank

(e) Dhanlaxmi bank


12) Which Indian Film was recently named Best International Film at the Saturn Awards 2022?

(a) Pushpa: The Rise

(b) KGF 2

(c) RRR

(d) Laal Singh Chaddha

(e) Valimai


13) The Book named “Delhi University – Celebrating 100 Glorious Years” was released recently. It was written by who among the following minister?

(a) Shri Ashwini Vaishnaw Shri

(b) Shri G. Kishan Reddy

(c) Shri Anurag Singh Thakur

(d) Shri Kiren Rijiju

(e) Shri Hardeep Singh Puri


14) Famous Brand Emami onboard which Bollywood Star as a brand ambassador for BoroPlus Cream?

(a) Salman Khan

(b) Shah Rukh Khan

(c) Ajay Devgn

(d) Akshay Kumar

(e) Hrithik Roshan


15) India Navy conducts the 29th Singapore-India Maritime Bilateral Exercise ‘Simbex’ – 2022 at which place?

(a) Chennai, Tamilnadu

(b) Mumbai, Maharashtra

(c) Panaji, Goa

(d) Kochi, Kerala

(e) Vishakhapatnam, Andhra Pradesh


16) India & US militaries conducted the Humanitarian Assistance & Disaster Relief exercise named ______________ at Visakhapatnam, AP

(a) Emerald Mercury

(b) Tiger Triumph

(c) Desert Strike

(d) Brazen Chariots

(e) Surya Kiran


17) India & United States to carry out mega military exercise Yudh Abhyas in which state?

(a) Haryana

(b) Kerala

(c) Uttarakhand

(d) Himachal Pradesh

(e) Rajasthan


18) Indian scientists from the Indian Institute of Geomagnetism (IIG) develop the first indigenous OVH Magnetometer. What is the full form of OVH?

(a) Over Valve Heat

(b) Overhauser

(c) Outhauser

(d) Optical Valve Head

(e) Opticalhauser


Answers :

1) Answer: A

World Savings Day 2022 is observed on the 31st of October 2022. (30th October in India)

World Savings Day 2022 theme set up by the International Savings Bank Congress is “Saving prepares you for a better future”

World Savings Day, also called World Thrift Day, was first established in the year 1924 during the first International Savings Bank Congress.

The Congress started on October 24.

On the last day of Congress exactly on October 30, the Congress decided to celebrate World Savings day every year to insist on the importance of saving money and also to insist on the method of saving money through banks and other modes.

However, the Establishment lost its importance after the First World War.

Then later the Day gained importance after the Second World War.

The Day is officially celebrated on October 31st every year.

But in India, it is celebrated on October 30 since the former Prime Minister Mrs. Indhra Gandhi died on October 31st.


2) Answer: E

Halloween Day 2022 is observed on the 31st of October 2022.

Halloween Day 2022 theme is “Carving of Pumpkin.”

On this Day People set a campfire on the hilltop to show that bad evils are burnt and the people wear different kinds of masks to show that ghosts will go back from their place after seeing them.

People who died on the day of the Samhain festival believed that their souls returned to their homes.

People who died that year believed that they would go to another world.

Halloween had its origin in the festival of Samhain among the Celts of ancient Britain and Ireland.

The Observance of Halloween is mainly non-religious.

The Next day, November 1 is believed to be a new calendar year.

That date was considered the beginning of the winter period.


3) Answer: C

National Unity Day 2022 is observed on the 31st of October 2022.

The National Unity Day 2022 was first started in the year 2014 by our Honourable Prime Minister Narendra Modi to honor the birth anniversary of Sardar Vallabhbhai Patel on 31st October 1875.

He made a huge contribution to bringing all the scattered states into one nation after independence.

He was also the first deputy Prime Minister and Home Minister of India.

National unity Day is also called Rashtriya Ekta Diwas Day.

The same day the Statue of Unity was opened in 2018 by our Prime Minister in remembrance of Sardar Vallabhbhai Patel.

It was the highest statue in the world.

Shanghai Cooperation Organisation announced the Statue of Unity as the eighth World Wonder.

Hereafter 31st October National Unity Day 2022 will also be called and celebrated as Rashtriya Ekta Diwas Day 2022.


4) Answer: D

The nation’s finance minister, Smt Nirmala Sitharaman, officially inaugurated the third campus of the Indian Institute of Foreign Trade (IIFT) at the Jawaharlal Nehru Technological University (JNTU) -K campus in Kakinada, Andhra Pradesh

She emphasized the importance of the IIFT campus to the country’s development.

She emphasized the importance of IIFT in terms of research and policy development for the Ministry of Commerce’s growth.

The state government has set aside 25 acres of land in U. Kothapalli Mandal, close to the sea coast in the Kakinada Special Economic Zone, for the development of the IIFT permanent campus.

The IIFT officials submitted an application to the Ministry of Commerce and Industry for a grant of Rs. 229 crores, and the sanction order is eagerly awaited.

Representatives from the Ministry of Commerce and Industry, Consumer Affairs Piyush Goyal (Union Minister), MPs, Ministers, MLAs, and other government entities were present.


5) Answer: D

Shiprocket is the first inter-city logistics company to connect to the ONDC network, allowing vendors from all industries to transport products to cities and towns across India.

Shiprocket, a provider of shipping and logistics solutions, went operational on the government’s Open Network for Digital Commerce (ONDC) and completed its first successful transaction.

Shiprocket claims to be the first inter-city logistics company to connect to the ONDC network, allowing retailers from all segments to transport products to cities and towns throughout India.


6) Answer: A

Prime Minister Shri Narendra Modi visited Arunachal Pradesh on October 30, 2022, to inaugurate the Donyi Polo Airport, at Hollongi near Itanagar.

About the airport :

The Donyi Polo airport, which was built by the Airport Authority of India (AAI) at an estimated cost of Rs 645 crore, has 8 check-in desks and can accommodate up to 300 people at peak times.

The airport, spanning an area of 4,100 sq m, is equipped with all modern facilities

It is suitable for the operations of Airbus-a320 type of aircraft.

The first airport built in Arunachal Pradesh, which was used for a successful test landing by low-cost carrier Indigo Airlines, was opened on October 18, 2022.

Recently, commercial airlines giant – IndiGo conducted a successful test of flight landing at the newly built Donyi Polo airport at Hollongi near Itanagar in Arunachal Pradesh.


7) Answer: E

The Goa government will introduce a mobile application that would serve as a centralized platform for the entire taxi industry in Goa.

The mobile app would be introduced to unite all taxi operators on a single platform.

Earlier, the government launched a ‘Multimodal transport App’ to give choices to visitors at affordable rates for last-mile connectivity.


8) Answer: B

The Insurance Regulatory and Development Authority of India (IRDAI) has constituted a 15-member committee for 2 years, to give suggestions for increasing health insurance coverage in India.

The 15-member committee is headed by Rakesh Joshi, a member at IRDAI, & it will have representatives from the healthcare and insurance industries.

Other Committee Members:

From the healthcare industry, Devi Prasad Shetty, chairman of Narayana Health; Naresh Trehan, chairman and managing director (MD) of Medanta Heart Institute; Alexander Thomas, national president of Association of Healthcare Providers India; Arati Verma, senior vice president of Max Healthcare, and Ajay Nair.

From the insurance industry, Neerja Kapur, chairman and MD of New India Assurance; Bhargav Dasgupta, MD, and CEO of ICICI Lombard General Insurance, Mayank Bathwal, CEO of Aditya Birla Health Insurance, and Vibha Padalkar, MD and CEO of HDFC Life,

The committee will also have representation from the third-party administrators (TPA) with Nayan Shah, CEO, of Paramount Health Services & Insurance TPA, and Vikram Chhatwal, CEO, Medi-Assist Insurance as members.


9) Answer: C

The Insurance Regulatory and Development Authority of India (IRDAI) has set up a 24-member committee to develop and suggest an affordable and comprehensive cover for the rural population.

The committee will be headed by Thomas M Devasia, Member (non-life).

The insurance regulator has also asked the committee to develop and suggest a constitution and operation of a preferably, women-centric distribution channel to focus on reaching untapped/ rural areas of Bima Vahak & recommend the regulatory framework.

The committee will explore and recommend how to bring about synergies in the working and operations of Bima Vahak, Bima Vistaar, and the digital platform – Bima Sugam.

IRDAI announced that the latest developments in technology like artificial intelligence (AI) and machine learning (ML) can be gainfully utilized by creating a digital platform to reach the last mile.


10) Answer: A

RBI in its estimation of Green GDP for India article, India needs to set up a dedicated wing in the Ministry of Environment, Forest and Climate Change (MoEF&CC) that will be responsible for providing the time-series database required for the estimation of Green GDP and releasing estimates of Green GDP for India periodically regularly.

Green GDP takes into account estimates for environmental degradation, depletion of natural resources, and savings of resources and environment into the national income accounts.

There is also a need for a user-friendly data dissemination platform on the lines of the Organisation for Economic Co-operation and Development (OECD) and the Eurostat.


11) Answer: E

The Reserve Bank of India (RBI) had placed Thrissur (Kerala)-based private bank Dhanlaxmi Bank under tight monitoring with its financial position coming under greater public scrutiny.

The Bank’s capital-to-risk weighted assets/capital adequacy ratio (CRAR) fell to around 13% at the end of March 2022, down from 14.5% a year earlier, prompting the RBI to assess the bank’s financial health.

Earlier, Dhanlaxmi Bank’s capital adequacy has fallen below the required levels and it has even been placed under the RBI’s prompt corrective action framework (PCA) to deal with serious deteriorations in its financial position.

About PCA Framework:

The PCA framework was introduced by the Reserve Bank of India (RBI) in 2002 as a structured early intervention mechanism.

The framework applies only to commercial banks (does not cover cooperative banks and Non-Banking Financial Companies (NBFCs)).


12) Answer: C

The film RRR, directed by SS Rajamouli and recently released in Japan, has won its first major international award.

The biggie took home the award for ‘Best International Film’ at the Saturn Awards 2022, which were held in Los Angeles.

RRR is a period drama starring Jr NTR and Ram Charan as parallel leads.

RRR, which earned nearly Rs 1,200 crore at the worldwide box office, has received its first major international award.

At the Saturn Awards 2022, SS Rajamouli’s magnum opus won the award for ‘Best International Film.

RRR defeated Downton Abbey: A New Era, Eiffel, I’m Your Man, Riders of Justice, and Silent Night to win the award for the best international film at the 2022 Academy Awards.

Notably, RRR was nominated for best film direction and best action/adventure film.

In the first, SS Rajamouli was beaten by Matt Reeves, who won for The Batman.


13) Answer: E

Shri Hardeep Singh Puri, Minister of Petroleum and Natural Gas and Housing and Urban Affairs in the Government of India (GOI), has written a new book titled “DELHI UNIVERSITY: Celebrating 100 Glorious Years.”

Rupa Publications India is the publisher of the book.

The book’s foreword was written by Indian actor Amitabh Bachchan.

This book highlights the perspectives of 15 contributors, including some of the university’s most distinguished alumni and faculty.

The book Delhi University: Celebrating 100 Glorious Years is an eclectic collection of personal essays and reflections from some of the university’s most illustrious former students and faculty, including Amitabh Bachchan, Kiren Rijiju, Dinesh Singh, Meenakshi Gopinath, Shashi Tharoor, Bibek Debroy, Imtiaz Ali, Raian Karanjawala, Sanjeev Sanyal, Arnab Goswami


14) Answer: D

Packaged goods company Emami Limited has roped in Bollywood actor Akshay Kumar as the new brand ambassador for its BoroPlus Ayurvedic Antiseptic Cream.

The BoroPlus range comprises skincare products such as antiseptic creams, body lotions, aloe vera gels, soaps, petroleum jelly, and powder.

He received the Padma Shri, India’s fourth-highest civilian honor, from the Government of India in 2009.


15) Answer: E

The Indian Navy is hosting the 29th edition of the Singapore-India Maritime Bilateral Exercise (SIMBEX) from 26 to 30 October 2022 at Visakhapatnam, Andhra Pradesh (AP).

Rear Admiral Sean Wat Jianwen, Fleet Commander, of the Republic of Singapore Navy called on  Vice Admiral Biswajit  Dasgupta, Flag Officer Commanding-in-Chief, Eastern Naval Command, and Rear Admiral Sanjay Bhalla, Flag Officer Commanding Eastern Fleet.

About SIMBEX-2022 :

SIMBEX-2022 is being conducted in two phases – Harbour Phase at Visakhapatnam from 26 to 27 October 2022 followed by the Sea Phase in the Bay of Bengal from 28 to 30 October 2022.

Two ships from the Republic of Singapore Navy, RSS Stalwart (a Formidable Class Frigate) and RSS Vigilance (a Victory Class Corvette) arrived at Visakhapatnam for participation in the exercise

The Harbour Phase witnessed extensive professional and sporting interactions between the two navies including cross-deck visits, Subject Matter Expert Exchanges (SMEE), and planning meetings.


16) Answer: B

The Second edition of India and the United States Tri-Service HARD (Humanitarian Assistance & Disaster Relief) Exercise Tiger Triumph was conducted in Visakhapatnam, Andhra Pradesh (AP).

The Indian Navy led by Rear Admiral Manish Sharma, Chief Staff Officer HQENC (Headquarters, Eastern Naval Command), Visakhapatnam, AP.

The US Navy was led by Major General Chris McPhillips, Director INDOPACOM (Indo Pacific Command).

Aim :

To improve interoperability between India and the US and create a multinational command and control model for humanitarian assistance in the Indian Ocean Region (IOR).


17) Answer: C

India and the US will conduct a fortnight-long mega-military exercise Yudh Abhyas in Uttarakhand’s Auli in October 2022.

The 18th edition of the exercise is scheduled to take place from October 14 to 31, 2022.

Aim :

To enhance understanding, cooperation, and interoperability between the armies of India and the US with several complex drills being planned

The last edition of the exercise took place in October 2021 in Alaska in the US.

About the exercise :

The “Yudh Abhyas” exercise is taking place in the backdrop of India’s lingering border row with China in eastern Ladakh.

In June 2016, the US designated India a “Major Defence Partner”.


18) Answer: B

A group of Indian scientists from the Indian Institute of Geomagnetism (IIG), an autonomous research institution under the Department of Science & Technology (DST), Government of India, have developed the first indigenous Overhauser (OVH) Magnetometer, one of the most accurate magnetometers extensively used by all magnetic observatories around the world.

About Overhauser (OVH) Magnetometer :

OVH magnetometers are known for their higher accuracy, higher sensitivity, and efficient power consumption and hence find applications in all magnetic observatories worldwide as well as in international space programs.

It has so far been imported for such purposes in India.

To reduce dependence on imports, the IIG has developed these magnetometers as part of its technology development program.

Currently, the sensor is being tested for its long-term stability.

The group is further excited to adapt their sensor for the outer space environment to support the existing Indian space research program.

The underlying mechanism of Dynamic Nuclear Polarization (DNP), would also be of potential help to developing a sensitive magnetic resonance imaging (MRI) instrument.

Experiments with the sensor installed at the Alibag Magnetic Observatory (MO) for geomagnetic sampling found that the sensor reproduced the geomagnetic diurnal variations accurately and precisely showed the signatures of various space weather events such as geomagnetic storms, impulses, etc.

The performance of this magnetometer is at par with a commercial OVH sensor that is currently installed at the magnetic observatories of IIG.

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