1. Which country has recently signed a free trade agreement (FTA) with the United Arab Emirates?
[A] Australia
[B] Israel
[C] France
[D] Italy
Show Answer
Correct Answer: B [Israel]
Notes:
Israel has signed a free trade agreement with the United Arab Emirates, its first big trade pact with an Arab state.
The agreement, which aimed at boosting trade between the two Middle Eastern nations, would encourage more Israeli companies to set up offices in the UAE, particularly in Dubai. The deal with Israel is UAE’s second bilateral free trade agreement after a similar accord with India in February.
2. 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.
3. What is the ‘Global Mercy’ which was seen in the news recently?
[A] Non- Profit Organisation
[B] Civilian hospital ship
[C] Anti-satellite Missile
[D] Covid-19 Vaccine
Show Answer
Correct Answer: B [Civilian hospital ship]
Notes:
The Global Mercy, the world’s largest civilian hospital ship, made its debut in Africa in the port of Dakar, the capital city of Senegal.
It is scheduled to stay in Senegal for four weeks to train health professionals before returning in 2023 to provide surgical care for the poor. The giant ship measures 174 meters long and 28.6 meters wide and it comprises of 12 decks.
4. The Union Cabinet expanded the scope of Government e-Marketplace (GeM) to allow which entity to register as buyers?
[A] Post Offices
[B] Cooperative Societies
[C] Small Finance Banks
[D] Common Service Centres
Show Answer
Correct Answer: B [Cooperative Societies]
Notes:
The Union Cabinet expanded the scope of the public procurement portal Government e-Marketplace (GeM) to allow cooperative societies to register as buyers.
This would help cooperatives in getting competitive prices through an open and transparent process. Over 8,54,000 registered cooperatives and their 270 million members will be benefitted. The registration of cooperatives as buyers was not covered within the existing mandate of GeM, so far.
5. 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.
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. ‘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.
8. Which institution provides training to IPPB Postmen and Banking correspondents for Aadhar services?
[A] Ministry of Electronics and IT
[B] UIDAI
[C] NASSCOM
[D] C-DAC
Show Answer
Correct Answer: B [UIDAI]
Notes:
UIDAI has announced that it would provide IPPB postmen with the necessary digital devices such as a desktop or laptop-based Aadhar kit to update the necessary details of Aadhar card holders.
UIDAI also plans to onboard over 13,000 banking correspondents currently working with the Common Service Centre (CSC) of the Ministry of Electronics and Information Technology.
9. What is the unique feature of the ‘Azadi Ka Amrit Mahotsav (AKAM)’ design coins, recently launched by the Prime Minister?
[A] Visually impaired friendly
[B] Bronze Coin
[C] Eight Scalloped Coin
[D] Aluminium-Magnesium Coin
Show Answer
Correct Answer: A [Visually impaired friendly]
Notes:
Prime Minister Narendra Modi launched a special series of coins that are also visually impaired friendly, while addressing the ‘Iconic Week Celebrations’ of the Ministry of Finance.
The coins of Re 1, Rs 2, 5, 10 and 20 denominations will have the Azadi Ka Amrit Mahotsav (AKAM) design. These are not commemorative coins and will be part of circulation across the country.
10. Indian Vice President M Venkaiah Naidu launched the start-up bridge of India and which other country?
[A] Japan
[B] France
[C] Qatar
[D] Israel
Show Answer
Correct Answer: C [Qatar]
Notes:Indian Vice President M Venkaiah Naidu launched India-Qatar Start-Up bridge, a joint initiative to link the start-up ecosystems of the two countries and boost the business sectors mutually.The Vice President launched the bridge while addressing the India-Qatar Business Forum, jointly organised by FICCI, CII and ASSOCHAM, along with Qatar Chamber of Commerce and Industry.