Daily Current Affairs Quiz : December 22, 2022
December 22, 2022 December 22, 2022
1. As per Finance Ministry’s latest data, what is India’s gross domestic product growth in the first half of 2022-23?
[A] 7.7 %
[B] 8.7 %
[C] 9.7 %
[D] 10.7 %
Show Answer
Correct Answer: C [9.7 %]
Notes:
As per the Finance Ministry’s latest data, India’s gross domestic product growth in the first half of 2022-23 is averaged to 9.7 %.
This was announced in the Ministry’s mid-year expenditure and revenue statement. The ministry said it could not present the medium-term expenditure framework (MTEF) as mandated by the Fiscal Responsibility and Budget Management Act, as the global macro-economic situation disrupted the government’s projections.
2. Which country is the host of special negotiation round on three of the four pillars of Indo-Pacific Economic Framework (IPEF) in February 2023?
[A] USA
[B] India
[C] France
[D] Germany
Show Answer
Correct Answer: B [India]
Notes:
India will host the next special negotiation round on three of the four pillars of the United States-led Indo-Pacific Economic Framework (IPEF) on February 2023.
IPEF has four pillars in all namely trade, supply chain, tax and anti-corruption and clean energy. During the first-ever in-person ministerial in September 2022, India decided to join only three pillars, and opted out of the trade pillar.
3. What is the total amount raised by the Government through disinvestment and strategic sale of PSEs since 2014?
[A] Rs 1.01 lakh crores
[B] Rs 2.02 lakh crores
[C] Rs 3.03 lakh crores
[D] Rs 4.04 lakh crores
Show Answer
Correct Answer: D [Rs 4.04 lakh crores]
Notes:
The government has raised over Rs 4.04 lakh crore through disinvestment and strategic sale of public sector enterprises since 2014, the Finance Ministry said.
The largest amount of over Rs 1.07 lakh crore was raised through offer for sale in 59 cases. This was followed by a stake sale through Exchange Traded Fund (ETF) in 10 tranches, amounting to Rs 98,949 crore. Strategic sales in 10 companies, including Air India, yielded Rs 69,412 crores. 17 CPSEs were listed since 2014-15, which yielded Rs 50,386 crore.
4. Which state/UT generated most number of jobs under the PMEGP scheme in the current fiscal year?
[A] Uttarakhand
[B] Jammu and Kashmir
[C] Goa
[D] New Delhi
Show Answer
Correct Answer: B [Jammu and Kashmir]
Notes:
Jammu & Kashmir has generated the most number of jobs among all the states and UTs under the Prime Minister’s Employment Generation Programme (PMEGP) in the current fiscal year.
The scheme by the Ministry of Micro, Small and Medium Enterprises (MSME) is implemented by Khadi and Village Industries Commission (KVIC). Since 2008, 62,808 jobs were created by 7,851 assisted projects in Jammu & Kashmir.
5. Which institution released the ‘2022 in Nine Charts’ report?
[A] WEF
[B] IMF
[C] World Bank
[D] ADB
Show Answer
Correct Answer: C [World Bank]
Notes:
The World Bank released a report titled ‘2022 in Nine Charts’, in which it said that the world is in its steepest slowdown since 1970 and 685 million people could be living in extreme poverty by the end of 2022.
This would make 2022 the second-worst year for poverty reduction in the past two decades, after 2020.
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