1. What are the new annual premium rates of PMJJBY and PMSBY respectively, with effect from June 1, 2022?
[A] Rs 520 and Rs 40
[B] Rs 436 and Rs 20
[C] Rs 400 and Rs 40
[D] Rs 350 and Rs 30
Show Answer
Correct Answer: B [Rs 436 and Rs 20]
Notes:
The government raised the premium for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY), to make them economically viable.
The premium rate of PMJJBY has been revised upward to Rs 1.25 per day, with an increase from Rs 330 to Rs 436 annually. The annual premium for PMSBY has been hiked from Rs 12 to Rs 20. The new premium rates are effective from June 1, 2022.
2. Who has been appointed as the MD and CEO of NARCL (National Assets Reconstruction Company Ltd)?
[A] Urjit Patel
[B] Natarajan Sundar
[C] Ashwani Bhatia
[D] Nitin Chugh
Show Answer
Correct Answer: B [Natarajan Sundar]
Notes:
Former State Bank of India Deputy Managing Director Natarajan Sundar has been appointed as the Managing Director and CEO of NARCL (National Assets Reconstruction Company Ltd) as MD & CEO.
NARCL is the joint initiative of Public and Private Sector Banks, and is expected to takeover bad loans from banks and focus on resolution and recoveries. NARCL has shareholding from 15 Indian Banks and Canara Bank is the sponsor bank.
3. Which state/UT has developed a mobile application named “ACB 14400” for lodging complaints against corruption?
[A] Chhattisgarh
[B] Rajasthan
[C] Andhra Pradesh
[D] Bihar
Show Answer
Correct Answer: C [Andhra Pradesh]
Notes:
Andhra Pradesh government’s Anti-Corruption Bureau has developed a mobile application named “ACB 14400” for lodging complaints against corruption.
The ‘ACB 14400’ application, once opened, will feature two categories – Live Report and Lodge Complaint. In the ‘Live Report’ section, users can click photographs, record audio or videos of live acts of corruption and submit complaints instantaneously.
4. Who has topped the 2021 Fortune 500 list of the most highly compensated CEOs?
[A] Jack Ma
[B] Elon Musk
[C] Tim Cook
[D] Jensen Huang
Show Answer
Correct Answer: B [Elon Musk]
Notes:
Elon Musk, CEO of SpaceX and Tesla, has topped the 2021 Fortune 500 list of the most highly compensated CEOs.
In 2021 Musk received compensation worth almost USD 23.5 billion while Tesla ranked 65 on this year’s Fortune 500 list. Apple Inc. CEO Tim Cook received USD 770.5 million in 2021 and Jensen Huang, the NVIDIA chief, received USD 561 million in 2021.
5. India signed a ‘Vision statement for defence cooperation’ with which country?
[A] Australia
[B] Israel
[C] Italy
[D] France
Show Answer
Correct Answer: B [Israel]
Notes:
India and Israel adopted a ‘Vision statement’ for strengthening defence cooperation in future. The statement marked 30 years of diplomatic ties between the two countries.
Union Defence Minister Rajnath Singh and his Israeli counterpart held bilateral talks in New Delhi. The two leaders discussed defence cooperation and the global and regional defence scenario. Israel recently signed the instrument of ratification of the International Solar Alliance.
6. When is the ‘World Bicycle Day’ celebrated every year?
[A] June 1
[B] June 3
[C] June 5
[D] June 7
Show Answer
Correct Answer: B [June 3]
Notes:
World Bicycle Day is celebrated every year on June 3, to develop a culture of cycling for basic transportation, commutation, and strengthening physical and mental health.
Union Minister for Youth Affairs and Sports Anurag Thakur launched a nationwide ‘Fit India Freedom Rider Cycle Rally’ from Major Dhyan Chand Stadium, Delhi on the occasion of World Bicycle Day 2022.
7. Which company recently announced to launch ‘AMBER alerts’ to find missing children?
[A] Microsoft
[B] Google
[C] Meta
[D] Apple
Show Answer
Correct Answer: C [Meta]
Notes:
Meta recently announced that AMBER alerts will be launched in Instagram in 25 countries. With the new feature, users in these regions will get notifications of missing children in the area.
The feature was already present on Facebook and it has helped find hundreds of children since its launch in 2015. AMBER alerts for Instagram was developed in partnership with various organisations like US- National Center for Missing & Exploited Children (NCMEC) and the International Centre for Missing & Exploited Children.
8. ‘Eublepharis pictus’, which was seen in the news, belongs to which species?
[A] Turtle
[B] Spider
[C] Gecko
[D] Snake
Show Answer
Correct Answer: C [Gecko]
Notes:
The species, Eublepharis pictus, also known as the Painted Leopard Gecko, was originally found in Visakhapatnam in 2017.
The species, which was considered as East Indian Leopard Gecko (Eublepharis hardwickii), has now been identified as a member of a new species. It appears to be common in the forests of Andhra Pradesh and Odisha. The two species appear to be separated by the Brahmani River.
9. Which country signed deals worth USD 1 billion to settle the land claim of ‘Siksika tribe’?
[A] USA
[B] Australia
[C] Canada
[D] New Zealand
Show Answer
Correct Answer: C [Canada]
Notes:
Canadian Prime Minister Justin Trudeau recently signed deals worth 1.3 billion Canadian dollars to settle a Blackfoot tribe’s land claim.
The 1.3 billion Canadian dollar (USD 1 billion) settlement is one of the largest agreements of its kind reached in Canada. It aims to correct the mistakes dating back over a century when Canadian government broke promise and wrongfully took half of Siksika Nation’s reserve land to sell to settlers.
10. Which Union Ministry launched the “Scheme for Residential Education for Students in High Schools in Targeted Areas” (SHRESTHA) scheme?
[A] Ministry of Social Justice and Empowerment
[B] Ministry of Education
[C] Ministry of Women and Child Development
[D] Ministry of Tribal Affairs
Show Answer
Correct Answer: A [Ministry of Social Justice and Empowerment]
Notes:
The Ministry of Social Justice and Empowerment launched “Scheme for Residential Education for Students in High Schools in Targeted Areas” (SHRESTHA).
It aims to provide quality education and opportunities for the poorest Scheduled Caste students. Under this scheme, a certain number of meritorious SC students per year will be selected through a National Entrance Test for SHRESHTA (NETS), conducted by the National Testing Agency (NTA). They will be admitted in the good private residential schools, affiliated to CBSE.