Daily Current Affairs Quiz : May 22-23, 2022 – GKToday

Daily Current Affairs Quiz : May 22-23, 2022

1. What is the surplus transfer by the Reserve Bank of India (RBI) to the Government for 2021-22?

[A] Rs 20201 crores
[B] Rs 30307 crores
[C] Rs 78784 crores
[D] Rs 99500 crores

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Correct Answer: B [Rs 30307 crores]
Notes:
The Reserve Bank of India (RBI) will transfer Rs 30,307 crore as surplus to the government for 2021-22.
The decision was taken by the RBI board to maintain the contingency risk buffer at 5.50 per cent of its balance sheet. This year’s transfer is lower than the surplus transferred in the previous financial year Rs 99,126 crore for a nine-month period ended March 2021.
2. ‘Anti-Terrorism Day’ is observed on which day in India?

[A] January 31
[B] February 28
[C] March 31
[D] May 21

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Correct Answer: D [May 21]
Notes:
Anti-Terrorism Day is observed on May 21 in India every year. It was on this day in the year 1991 that former Indian Prime Minister Rajiv Gandhi was assassinated.
The objective of this day is to sensitise the youth about terrorism and violence by highlighting the suffering of common people. This year commemorates Rajiv Gandhi’s 30th death anniversary as India observes Anti-Terrorism Day. This year, the Ministry of Home Affairs proposed ‘Anti-Terrorism Pledge”.
3. Which was the top-most investor in India during fiscal year 2021-22?

[A] USA
[B] Singapore
[C] UAE
[D] The Netherlands

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Correct Answer: B [Singapore]
Notes:
According to a statement issued by the commerce and industry ministry, India has recorded highest ever annual FDI inflow of USD 83.57 billion in the Financial Year 2021-22.
FDI equity inflow in manufacturing sectors has increased by 76 per cent in 2021-22. Singapore was the topmost investor in India last fiscal year, accounting for 27% of the FDI, followed by the US at 18% and Mauritius at 16%. In 2020-21, the inflows were USD 81.97 billion.
4. Which is the venue of the World Economic Forum (WEF) Annual meeting 2022?

[A] New York
[B] Davos
[C] Geneva
[D] Paris

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Correct Answer: B [Davos]
Notes:
The World Economic Forum (WEF) is set to hold its Annual Meeting 2022 in the Switzerland town of Davos from May 22 to 26.
This is the first global in-person event since the start of the pandemic. The theme of the WEF Annual Meeting 2022 will be “Working Together, Restoring Trust. The issues to be discussed include government policies and business strategies amidst global pandemic, and the war in Ukraine and geo-economic challenges.
5. What is the name of the technology in which the DNA of an organism is changed?

[A] Genetic Modification
[B] Genome Editing
[C] Genetic Change
[D] Genome Regulation

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Correct Answer: B [Genome Editing]
Notes:
The Department of Biotechnology notified the guidelines for safety assessment of genome edited plants.
The guidelines provide a road map for sustainable use of genome editing technologies. They are applicable to public and private sector research institutions. Genome editing is the technology in which the DNA of an organism is changed and it is different from genetically-modified organisms (GMO) technology.

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