1. ‘Raising and Accelerating MSME Performance’ (RAMP) is supported by which global institution?
[A] International Monetary Fund
[B] World Bank
[C] UNICEF
[D] World Economic Forum
Show Answer
Correct Answer: B [World Bank]
Notes:
The Union Cabinet has approved USD 808 million (₹6,062.45 crore) for a new scheme ‘Raising and Accelerating MSME Performance’ (RAMP).
The new scheme assisted by the World Bank is expected to commence in the financial year of 2022-23. It aims to improve access to market and credit of the MSMEs. It focuses on strengthening institutions and governance of the MSME programme, and support to market access and access to finance.
2. Which institution launched the digital platform ‘Fast and Secured Transmission of Electronic Records’ (FASTER)?
[A] Reserve Bank of India
[B] Supreme Court of India
[C] Election Commission of India
[D] Central Bureau of Investigation
Show Answer
Correct Answer: B [Supreme Court of India]
Notes:
The Chief Justice of India N.V. Ramana launched digital platform ‘Fast and Secured Transmission of Electronic Records’ (FASTER).
The platform would be used by the court officials to instantly to send e-copies of the orders to intended parties, through a secured electronic communication channel. It covers all types of orders of the court.
3. Which Union Ministry is associated with the Armed Forces Special Powers Act (AFSPA)?
[A] Ministry of Defence
[B] Ministry of Home Affairs
[C] Ministry of External Affairs
[D] Ministry of Finance
Show Answer
Correct Answer: B [Ministry of Home Affairs]
Notes:
Union Home Minister Amit Shah announced that the Centre decided to reduce the disturbed areas under the AFSPA in Nagaland, Assam, and Manipur after decades.
Centre had constituted a high-level committee to examine the possibility of lifting AFSPA in Nagaland – after the killing of 14 civilians in an army operation in December 2021. It has extended the ambit of the Armed Forces Special Powers Act (AFSPA) in three districts of Arunachal Pradesh.
4. As per a recent report, which country has the lowest rate of insurance penetration across Asia?
[A] Afghanistan
[B] Sri Lanka
[C] India
[D] Nepal
Show Answer
Correct Answer: C [India]
Notes:
A recent report prepared by environmental platform Climate Trends has pointed out that India has the lowest rate of insurance penetration across Asia
The Indian insurance companies were among the worst performers scoring below 10 per cent for the quality of their disclosures. Indian insurance companies failed to pay close to three-fourths of the claimed amount for Cyclone Amphan, which hit the West Bengal during May 2021.
5. Which city is the host of Khelo India University Games 2021 (KIUG 2021)?
[A] Chennai
[B] Bengaluru
[C] Hyderabad
[D] Dehradun
Show Answer
Correct Answer: B [Bengaluru]
Notes:
Union Minister for Youth Affairs and Sports Anurag Thakur launched the logo, jersey, mascot and anthem of the Khelo India University Games 2021 (KIUG 2021).
The mascot is an elephant named as ‘Veera’. The event to be held in Bengaluru, postponed due to the ongoing Covid crisis last year, will be the second edition of KIUG. It includes Yogasana and Mallakhamb for the first time.
6. Which country won the ICC Women’s World Cup 2022?
[A] England
[B] Australia
[C] South Africa
[D] India
Show Answer
Correct Answer: B [Australia]
Notes:
Australian Team defeated England by 71 runs in the final to win their record seventh ICC Women’s Cricket World Cup.
Alyssa Healy of Australia smashed 170 to take Australia to a mammoth 356 for five against England in the final. Another player Nat Sciver remained unbeaten on 148. The England team could score only 285 in 43.4 overs.
7. Which Union Ministry is associated with the Foreign Trade Policy of India?
[A] Ministry of External Affairs
[B] Ministry of Commerce and Industries
[C] Ministry of MSME
[D] Ministry of Home Affairs
Show Answer
Correct Answer: B [Ministry of Commerce and Industries]
Notes:
Directorate General of Foreign Trade, under the aegis of the Ministry of Commerce and Industries is responsible for the Foreign Trade Policy (DGFT) of India.
Recently, the DGFT announced that the existing Foreign Trade Policy 2015-20, which is valid upto March 31, 2022 is extended up to September 30, 2022. After the outbreak of Covid-19, the policy was first extended by a year to the end of March 2020.
8. Which Union Ministry oversees the ‘Stand Up India Scheme’?
[A] Ministry of MSME
[B] Ministry of Finance
[C] Ministry of Commerce and Industry
[D] Ministry of Science and Technology
Show Answer
Correct Answer: B [Ministry of Finance]
Notes:
Ministry of Finance oversees the ‘Stand Up India Scheme’, which aims to promote entrepreneurship among women, Scheduled Castes (SC) & Scheduled Tribes (ST) categories, to help them in starting a Greenfield enterprise.
The scheme has completed six years and loans worth more than ₹30,160 crore have been sanctioned in the last six years. Over 1.33 lakh new entrepreneurs have been facilitated and more than 1 lakh women promoters have benefitted from this Scheme during the last six years.
9. “Mission Integrated Bio-refineries” is an initiative of which Union Ministry?
[A] Ministry of Science and Technology
[B] Ministry of New and Renewable Energy
[C] Ministry of MSME
[D] Ministry of Power
Show Answer
Correct Answer: A [Ministry of Science and Technology]
Notes:
Union Minister for Science and Technology Dr Jitendra Singh launched the “Mission Integrated Bio-refineries”, to accelerate innovation for renewable fuels, and chemicals for a low-carbon future.
It is a PPP (Public Private Participation) model initiative for ‘Clean Energy’. The scheme was soft launched by Dr Jitendra Singh in November 2021 at the COP26 side event at the Mission Innovation Annual Gathering.
10. ‘Prakriti’, which was recently launched, is mascot to create awareness on which field?
[A] Plastic pollution
[B] Gender Equality
[C] LGBTQ Rights
[D] Skill Development
Show Answer
Correct Answer: A [Plastic pollution]
Notes:
Union Environment Minister Bhupender Yadav launched “Prakriti”, mascot that spreads awareness about small changes in life that can curb plastic pollution.
It also highlights various green initiatives taken by Ministry of Environment, Forest & Climate Change and Central Pollution Control Board (CPCB) to ensure effective Plastic Waste Management (PWM) in the country.