11. As per the Minimum Public Shareholding (MPS) norm, what is the minimum public float for all listed companies?
[A] 10 per cent
[B] 20 percent
[C] 25 percent
[D] 40 per cent
Show Answer
Correct Answer: C [25 percent]
Notes:
As per the Minimum Public Shareholding (MPS) norm at least 25 per cent public float is mandated for all listed companies.
The government has recently exempted public sector entities from the Minimum Public Shareholding (MPS) norm. The exemption would apply on entities regardless of the government’s direct or indirect holding.
12. Which Union Ministry launched the ‘Draft Online Gaming Policy’?
[A] Ministry of Electronics and Information Technology
[B] Ministry of Science and Technology
[C] Ministry of Home Affairs
[D] Ministry of Information and Broadcasting
Show Answer
Correct Answer: A [Ministry of Electronics and Information Technology]
Notes:
The draft rules for online gaming in India was released by the Ministry of Electronics and Information Technology (MEITY)
The ‘Draft Amendments to the IT (Intermediary Guidelines and Digital Media Ethics Code) Rules 2021’, propose a ban on betting and wagering in online games. The rules propose setting up a self-regulatory body for grievance redressal and mandating know-your-customer (KYC) rules for gamers and online gaming intermediaries.
13. What is the initial outlay of the National Green Hydrogen Mission?
[A] Rs 9744 crore
[B] Rs 19744 crore
[C] Rs 39744 crore
[D] Rs 79444 Crore
Show Answer
Correct Answer: B [Rs 19744 crore]
Notes:
The Union Cabinet approved the National Green Hydrogen Mission with a total initial outlay of Rs 19,744 crore.
Indian Prime Minister Narendra Modi launched the ‘National Hydrogen Mission’ on Independence Day in 2021. If the electricity used for the process of generating hydrogen comes from a renewable source then the hydrogen is referred to as green hydrogen.
14. The Greenfield International Airport at Goa has been named after which leader?
[A] Atal Bihari Vajpayee
[B] Manohar Parrikar
[C] Sardar Vallabhbhai Patel
[D] Sushma Swaraj
Show Answer
Correct Answer: B [Manohar Parrikar]
Notes:
The Union Cabinet has given ex-post facto approval for naming of Greenfield International Airport at Goa’s Mopa as Manohar International Airport.
It was named after former Defence Minister and Goa chief minister Manohar Parrikar. He served as Chief Minister of Goa from 2017 until his death.
15. Which start-up built the ‘AzaadiSAT’ satellite, which is made by 750 school girls?
[A] Dhruv Aerospace
[B] Pixxel
[C] Space Kidz India
[D] Astra
Show Answer
Correct Answer: C [Space Kidz India]
Notes:
Space Kidz India, a Chennai-based space tech start-up is set to launch their satellite made by 750 girls from government schools aboard an Indian Space Research Organisation (ISRO) launch vehicle.
A targeted launch date of January 16 has been set for the satellite named AzaadiSAT. Space Kidz India selected 10 girl students from 75 government schools across the country for this mission. The project is also supported by Niti Aayog.
16. Which institution has authorised six fintech entities to test their products under regulatory sandbox scheme?
[A] NITI Aayog
[B] RBI
[C] SEBI
[D] NSE
Show Answer
Correct Answer: B [RBI]
Notes:
Six entities have been allowed to test their fintech products to prevent and mitigate financial fraud as part of the fourth cohort under the RBI’s regulatory sandbox scheme.
The Reserve Bank announced the the fourth cohort under the regulatory sandbox in June 2022 for the prevention and mitigation of financial fraud. The six entities are — Bahwan Cybertek, Crediwatch Information Analytics, enStage Software (Wibmo), HSBC in collaboration with Wibmo, napID Cybersec and Trusting Social.
17. Which company became the Mobile communications Network Partner of Manchester City in India?
[A] Bharti Airtel
[B] Jio Platforms
[C] BSNL
[D] Vi
Show Answer
Correct Answer: B [Jio Platforms]
Notes:
Manchester City has announced a new regional partnership with Jio Platforms. With this, the country’s leading digital services brand becomes the Club’s Official Mobile Communications Network Partner in India.
The partnership was supported by RISE Worldwide, a Reliance initiative. As part of the new agreement, Man City’s OTT platform CITY+ will be integrated into the JioTV platform providing fans in India further access to exclusive club content.
18. Which institution awards ‘Eat Right Station’ certification to Railway stations?
[A] Railway Ministry
[B] FSSAI
[C] FCI
[D] NITI Aayog
Show Answer
Correct Answer: B [FSSAI]
Notes:
The ‘Eat Right Station’ certification is awarded by Food Safety and Standards Authority of India (FSSAI) to the railway stations that set benchmarks in providing safe and wholesome food to passengers.
The Varanasi Cantt railway station has been recently awarded a 5- star ‘Eat Right Station’ certification for providing quality and nutritious food to passengers.
19. ‘Future of Work: Industry 4.0, Innovation & 21st Century skills’ is one of the themes of which summit?
[A] Y-20
[B] ASEAN
[C] SAARC
[D] G-7
Show Answer
Correct Answer: A [Y-20]
Notes:Union Minister of Youth Affairs and Sports Anurag Singh Thakur launched the themes of the Y20 summit, logo and website in the curtain raiser event of Y20 Summit India
Themes of Y20 India are Future of Work: Industry 4.0, Innovation & 21st Century skills, Climate Change and Disaster Risk Reduction: Making Sustainability a way of life, Peace-building and Reconciliation: Ushering in an era of No War, Shared Future: Youth in Democracy and Governance and Health, Wellbeing &Sports: Agenda for Youth.
20. Kevin McCarthy has been elected as the House Speaker of which country?
[A] UK
[B] USA
[C] Germany
[D] Russia
Show Answer
Correct Answer: B [USA]
Notes:
Kevin McCarthy was elected as the House speaker after days of painstaking negotiations and failed votes.
Earlier, the Republicans in the House of Representatives failed to elect the Speaker amid faction of holdouts continued to not vote for Kevin McCarthy. This was the time since 1923 that a nominee of the majority party in the House wasn’t able to win the first vote for the position of Speaker.