11. According to the Federation of Indian Chambers of Commerce and Industry (FICCI), India’s GDP would increase by what percentage in financial year 2022-23?
[A] 7.1 percent
[B] 7.2 percent
[C] 7.3 percent
[D] 7.4 percent
Show Answer
Correct Answer: D [7.4 percent]
Notes:
The Federation of Indian Chambers of Commerce & Industry (FICCI) has estimated India’s GDP to grow at 7.4 percent in the financial year 2022-23 (FY23).
12. In which city will the Waterways Conclave 2022 be held?
[A] Dibrugarh
[B] Guwahati
[C] Shillong
[D] Itanagar
Show Answer
Correct Answer: A [Dibrugarh]
Notes:
Ministry of Ports, shipping and Waterways and Inland Waterways Authority of India (IWAI) is organizing Waterways Conclave 2022.It will be conducted in Dibrugarh, Assam from 11-12th April. IT aims for speedy development of Multimodal projects in North-eastern region.
FICCI will be the industry partner of the 2-day conclave. The conclave will be addressed by Mr. Sarbananda Sonowal (Union Minister of Ports, Shipping and Waterways), Mr. Nitin Gadkari (Union Minister of Road Transport and Highways), and Mr. Himanta biswa Sarma. (CM of Assam) .
13. What is the WTO’s predicted global trade growth rate for fiscal years 2022 and 2023?
[A] 3 % and 4.7 %
[B] 3 % and 4.3 %
[C] 3 % and 3.4 %
[D] 3 % and 4.0 %
Show Answer
Correct Answer: C [3 % and 3.4 %]
Notes:
Taking into account the impact of the current geopolitical situation (Ukraine Crisis) that has impacted the global supply chain, WTO has slashed the global trade target from 4.7 % to 3 %. The World Trade Organization had earlier this year projected that Global trade would witness a growth of 4.7 %.
14. The Tamil Nadu government has stated that every year on which day Minorities Rights Day would be observed at the state level ?
[A] 20 December
[B] 19 December
[C] 18 December
[D] 21 December
Show Answer
Correct Answer: C [18 December]
Notes:
Tamil Nadu government has announced that December 18, every year will be observed as Minorities Rights Day at the state level. The state government promotes the upliftment and economic advancement of the minorities through effective implementation of schemes and welfare measures.
15. According to research by Stockholm International Peace Research Institute (SIPRI) titled ‘Trends in World Military Expenditure, 2021’, what is the rank of India’s military spending in the world?
[A] 1st
[B] 2nd
[C] 3rd
[D] 4th
Show Answer
Correct Answer: C [3rd]
Notes:
According to the Sweden based think-tank Stockholm International Peace Research Institute (SIPRI) report, titled ‘Trends in World Military Expenditure, 2021‘, India’s military expenditure is the third highest in the world behind the US and China.
16. Which Asian airline was the first to use GAGAN, an indigenous navigation system, to land its planes?
[A] IndiGo
[B] Air India
[C] Vistara
[D] SpiceJet
Show Answer
Correct Answer: A [IndiGo]
Notes:
IndiGo becomes the first airline in Asia to land its aircraft using the indigenous navigation system GAGAN. This is a huge leap for Indian Civil Aviation and a firm step toward Aatmanirbhar Bharat, as India becomes the third country in the world to have its own SBAS system after the USA and Japan.
17. Which of the following organizations has created a Distress Index for farmers?
[A] NABARD
[B] IARI
[C] ICAR
[D] Pratham Foundation
Show Answer
Correct Answer: A [NABARD]
Notes:
NABARD has come up with an index dedicated to the hardships that farmers face. The agricultural sector lender NABARD has developed the farmer Distress Index, based on certain parameters. NABARD conducted an extensive field study in cooperation with Bharat Krishak Samaj. The index will help the lending institutions to take a holistic view of crop insurance as they will be able to gauge the expected crop damage. The rate of distress has been found to be more among the marginal farmers. These are such farmers who have landholding less than 1.1 acres and unfortunately, 86% of the farmers fall under the category of marginal farmers.
18. Under the Airtel Startup Accelerator Program, Bharti Airtel has purchased how much of an ownership in Navi Mumbai-based Cnergee Technologies?
[A] 9%
[B] 8%
[C] 7%
[D] 6%
Show Answer
Correct Answer: C [7%]
Notes:
Bharti Airtel, India’s second-largest telecom operator, announced that the Airtel Startup Accelerator Program has acquired a 7% investment in cloud-based networking solutions firm Cnergee Technologies. Cnergee, situated in Navi Mumbai, specializes in cloud-based comprehensive networking solutions for enterprises of all kinds.
19. On withdrawals and deposits exceeding what amount in one financial year, the Central Board of Direct Taxes made PAN and Aadhar mandatory?
[A] 20 lakh
[B] 75 lakh
[C] 1 crore
[D] 35 lakh
Show Answer
Correct Answer: A [ 20 lakh]
Notes:
The government has made quoting of PAN or Aadhaar number mandatory if the cash deposits and withdrawals in a financial year exceeds Rs 20 lakh and in case of opening of current account or cash credit account with a bank .
20. For the year 2022-23, who has been appointed President of the Confederation of Indian Industry (CII)?
[A] Pawan Munjal
[B] R Dinesh
[C] Sanjiv Bajaj
[D] T V Narendran
Show Answer
Correct Answer: C [Sanjiv Bajaj]
Notes:
Chairman of Bajaj Finserv Limited, Sanjiv Bajaj has assumed the office of Confederation of Indian Industry (CII) President for the year 2022-23 after replacing the CEO of Tata Steel, TV Narendran. The newly constituted National Council of Confederation of Indian Industry (CII) at a meeting elected its new office-bearers for the year 2022-23.
