Current Affairs Quiz - January 2022
1. As per the Ratings agency ICRA, what is the estimated real GDP Growth of India in FY 2022?
[A] 12.5 %
[B] 11 %
[C] 10%
[D] 9%
Show Answer
Correct Answer: D [9%]
Notes:
The Ratings agency ICRA has maintained its forecast of a 9.0% GDP expansion for India in FY2022. It maintained that a K-shaped divergence will be seen amongst the formal and informal sectors of the economy.
The ratings agency also expects the economy to maintain a similar 9.0% growth in the next fiscal year FY2023.
2. What is the Sex Ratio at Birth (SRB) of India in the year 2020-21?
[A] 918
[B] 920
[C] 937
[D] 951
Show Answer
Correct Answer: C [937]
Notes:
India’s Sex Ratio at Birth (SRB) improved by 19 points at National level, from 918 in the year 2014-15 to 937 in 2020-21. This was announced during the Year End Review of Women and Child Development Ministry.
The “Beti Bachao Beti Padhao scheme” is being implemented across India, covering 640 districts across the country. The Poshan Tracker application ensures real-time monitoring of supplementary nutrition. The Pradhan Mantri Matru Vandana Yojana scheme is implemented for pregnant women and lactating mothers.
3. ‘Financial Stability Report (FSR)’ is the flagship report released by which institution?
[A] NITI Aayog
[B] Reserve Bank of India
[C] World Bank
[D] Asian Development Bank
Show Answer
Correct Answer: B [Reserve Bank of India]
Notes:
‘Financial Stability Report (FSR)’ is a half-yearly report released by the ‘Reserve Bank of India’. The recent edition of the report was released by RBI.
As per the report, the retail-led credit growth model in India is beginning to face issues due to two factors, increase in defaults in the consumer finance portfolio and slowdown in the new credit segment.
4. Which country launched the ‘Simorgh’ satellite carrier rocket with research devices?
[A] Bangladesh
[B] Iran
[C] Israel
[D] UAE
Show Answer
Correct Answer: B [Iran]
Notes:
Iran has launched a satellite carrier rocket ‘Simorgh’ bearing three research devices into space, as per the country’s media.
‘Simorgh’ translates to ‘Phoenix’ in Iran language. The country has launched the devices at an altitude of 470 kilometres (290 miles). United States unilaterally withdrew from the nuclear deal in May 2018 and re-imposed sanctions against Iran.
5. China has complained to the UN, about collision with satellites launched by which project?
[A] Starlink Internet Services project
[B] Psyche Mission
[C] Google Loon Project
[D] Oneweb Satellite Project
Show Answer
Correct Answer: A [Starlink Internet Services project]
Notes:
China complained to the United Nations that its space station was forced to avoid collisions with satellites launched by his Starlink Internet Services project.
As per China’s claim to the Vienna-based United Nations Office for Outer Space Affairs, the country’s space station had two close encounters with Starlink satellites this year. Starlink is a satellite internet network operated by Elon Musk’s SpaceX.
6. What is the Current Account Balance of India, in the second quarter ended September 2021?
[A] $ 9.6 billion surplus
[B] $ 9.6 billion deficit
[C] $ 0.6 billion surplus
[D] $ 0.6 billion deficit
Show Answer
Correct Answer: B [$ 9.6 billion deficit]
Notes:
India’s current account balance posted a deficit of $ 9.6 billion in the second quarter ended September 2021 (Q2Fy22).
It forms 1.3 per cent of the country’s gross domestic product (GDP). The current account was in surplus $ 6.6 billion (0.9 percent of GDP) in the first quarter ended June 2021(Q1Fy22). As per the RBI, the current account deficit (CAD) was mainly due to widening of trade gap and increase in outgo of investment income.
7. Who is the head of the ‘Energy Transition Advisory Committee’, which was recently set up?
[A] Tarun Kapoor
[B] Ramesh Chand
[C] V K Paul
[D] Amitabh Kant
Show Answer
Correct Answer: A [Tarun Kapoor]
Notes:
The Ministry of Petroleum and Natural Gas has set up Energy Transition Advisory Committee headed by former petroleum secretary Tarun Kapoor.
The panel includes representatives of all public-sector oil and gas companies and it will energy transition roadmap for the oil and gas sector. India has committed for net-zero emissions by the year 2070. The committee will recommend a transition roadmap by middle of 2022.
8. As per CMIE Data, what is India’s unemployment rate in December 2021?
[A] 4.91%
[B] 6.21%
[C] 7.91%
[D] 9.11%
Show Answer
Correct Answer: C [7.91%]
Notes:
According to the data from the Centre for Monitoring Indian Economy (CMIE), India’s unemployment rate reached a four-month high of 7.91% in December.
This is compared to the rates of 7% and 7.75 per cent in November and October 2021. The unemployment rate was at its highest since 8.3% in August. The urban and rural unemployment rate rose to 9.30% and 7.28% respectively. The rise in unemployment was due to muted economic activity and consumer sentiment, due to Omicron variant.
9. As per recent amendments to Environment (Protection) Act, what percent of fly ash is to be utilised by Coal and Lignite-based Thermal Power Plants?
[A] 25
[B] 50
[C] 75
[D] 100
Show Answer
Correct Answer: D [100]
Notes:
The Union Ministry of Environment, Forest and Climate Change (MoEFCC) has notified the latest amendments to the Environment (Protection) Act.
As per the notification, all coal and lignite-based thermal power plants (TPPs) should utilise 100 per cent fly ash in an environment friendly manner for making construction sector products. This aims to reduce the requirement of land for disposing fly ash in ash ponds.
10. Which Union Ministry has released draft National Air Sports Policy (NASP)?
[A] Ministry of Youth Affairs and Sports
[B] Ministry of Civil Aviation
[C] Ministry of Renewable Energy
[D] Ministry of Housing and Urban Affairs
Show Answer
Correct Answer: B [Ministry of Civil Aviation]
Notes:
The Ministry of Civil Aviation has released draft National Air Sports Policy (NASP) for public feedback.
The policy seeks to propmote India’s potential for air sports and focuses on ensuring international best practices in safety. The vision of the policy is to make India as one of the top air sports nations by 2030.
The above questions are part of Daily Current Affairs 20 MCQs Series in GKToday's Academy Android Application. This series can be subscribed in the app only for Rs. 750/- for entire year.
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