1. The Centre has recently proposed a scheme worth Rs 1,000 crore to invite private companies to set up manufacturing zones in which sector?
[A] Automobiles
[B] Textile
[C] Semi-conductor Chips
[D] Renewable energy
Show Answer
Correct Answer: D [Renewable energy]
Notes:
The Centre has recently proposed a scheme worth Rs 1,000 crore to invite private companies to set up manufacturing zones in power and renewable energy (RE) equipment.
The Ministries of power and new and renewable energy have jointly proposed a scheme for establishment of three manufacturing zones, in which two would be brownfield on already developed land and one greenfield manufacturing zone in a coastal area of the country.
2. As per the RBI Annual Report, what is the trend of total number of Fake Indian Currency Notes (FICNs) in 2021-22, compared to previous year?
[A] Increased
[B] Decreased
[C] Remained Same
[D] Not Calculated
Show Answer
Correct Answer: A [Increased]
Notes:
The Reserve Bank of India (RBI) released the RBI Annual Report 2021-22. As per the report, the total number of Fake Indian Currency Notes (FICNs) of all denominations detected in the banking sector increased to 2,30,971 pieces.
There was an increase of 16.4 per cent, 16.5 per cent, 11.7 per cent, 101.9 per cent and 54.6 per cent in the counterfeit notes detected in the denominations of Rs 10, Rs 20, Rs 200, Rs 500 and Rs 2,000, respectively. The total expenditure on security printing during 2021-2022 was ₹4,984.8 crore as against ₹4,012.1 crore in the previous year.
3. As per the recent NSO Update (June 2022), what is the GDP growth estimate of India in 2021-22?
[A] 8.5 per cent
[B] 8.7 per cent
[C] 8.9 per cent
[D] 9.2 per cent
Show Answer
Correct Answer: B [8.7 per cent]
Notes:
National Statistical Office (NSO) marginally slashed its year-on-year gross domestic product (GDP) growth forecast to 8.7 per cent, down from 8.9 per cent estimated in February.
The fourth quarter (January-March period of 2021-22) GDP growth was recorded at 4.1 per cent. The economy witnessed a 6.6 per cent contraction in 2020-21. The latest GDP growth estimate is lower than the second advance estimate of 8.9 per cent (released in February) and first advance estimate of 9.2 per cent (released in January).
4. What is the fiscal deficit recorded in India for 2021-22 (in percentage of GDP)?
[A] 7.51 %
[B] 7.01 %
[C] 6.71 %
[D] 6.21 %
Show Answer
Correct Answer: C [6.71 %]
Notes:
The Controller General of Accounts (CGA) released the fiscal deficit for 2021-22, which improved to 6.71 per cent of the GDP over the revised budget estimate of 6.9 per cent. The fiscal deficit in absolute terms was Rs 15,86,537 crore (provisional).
The increase was mainly on account of higher tax realisation. The tax receipts during the fiscal stood at Rs 18.2 trillion as against the revised estimates (RE) of Rs 17.65 trillion.
5. Which Indian public sector enterprise issued renewed Biodiversity Policy 2022?
[A] NTPC
[B] ONGC
[C] SAIL
[D] BHEL
Show Answer
Correct Answer: A [NTPC]
Notes:
NTPC Ltd, India’s largest integrated energy producer has issued renewed Biodiversity Policy 2022, aligned with environmental and sustainability policies.
NTPC was the first PSU to issue Biodiversity Policy in the year 2018. The Public sector undertaking, formerly known as National Thermal Power Corporation Limited, also became a member of the India Business & Biodiversity Initiative (IBBI) in the same year.
6. Which state/UT hosted the ‘National Conference of School Education Ministers’ in 2022?
[A] Karnataka
[B] Gujarat
[C] New Delhi
[D] Tamil Nadu
Show Answer
Correct Answer: B [Gujarat]
Notes:
Union Education Minister Dharmendra Pradhan attended the ‘National Conference of School Education Ministers’ in Gujarat.
The Conference was organised by the Department of School Education & Literacy of Union Education Ministry and Education Ministry of Gujarat. It aims to focus on strengthening the education ecosystem in the country with a focus on the implementation of National Education Policy 2020, skilling in schools, and digital initiatives.
7. India signed the Permanent Indus Commission (PIC) annual report with which country?
[A] Nepal
[B] Bangladesh
[C] Pakistan
[D] China
Show Answer
Correct Answer: C [Pakistan]
Notes:
The 118th meeting of the Permanent Indus Commission (PIC) comprising Indus Commissioners of India and Pakistan was recently organised.
During the meeting, the annual report for the year ending on March 31, 2022, was finalised and signed. The next meeting of the PIC would be held in Pakistan. According to the of the Indus Waters Treaty, around 33-million-acre feet water of eastern rivers- Sutlej, Beas, and Ravi is allocated to India for unrestricted use annually, and about 135 MAF of western rivers-Indus, Jhelum, and Chenab to Pakistan.
8. 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.
9. In which month of 2022, did the GST revenues crossed the Rs 1.40 lakh crore mark for the first time since inception?
[A] February 2022
[B] March 2022
[C] April 2022
[D] May 2022
Show Answer
Correct Answer: B [March 2022]
Notes:
GST revenue for May was recorded at nearly Rs 1.41 lakh crore, a 44 per cent increase over the same month last year, as per the Finance Ministry.
This is the fourth time that the monthly GST collection has crossed Rs 1.40 lakh crore mark since the inception of GST and the third straight month since March 2022. In March GST revenues were at Rs 1.42 lakh crore, while in February it was at Rs 1.33 lakh crore.
10. Which Chief Minister from India has been invited to attend the World Cities Summit in Singapore?
[A] M K Stalin
[B] Pinarayi Vijayan
[C] Arvind Kejriwal
[D] Ashok Gehlot
Show Answer
Correct Answer: C [Arvind Kejriwal]
Notes:
Delhi Chief Minister Arvind Kejriwal has been invited to attend the World Cities Summit (WCS) in Singapore to present the ‘Delhi Model’ and to discuss urban solutions with other leaders.
It is jointly organised by Singapore’s Centre for Liveable Cities and the Urban Redevelopment Authority.