1. Which company launched an initiative named ‘Student’s Club’ for academic and extracurricular needs of students?
[A] Amazon
[B] Flipkart
[C] Jiomart
[D] Walmart
Show Answer
Correct Answer: B [Flipkart]
Notes:
Flipkart has launched an initiative to cater to millions of Indian students and support their academic and extracurricular interests.
The e-commerce firm has launched a dedicated virtual storefront on its app, called the ‘Flipkart Student’s Club’. This store will include several brands, offering a wide selection to enhance the shopping experience of students.
2. 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).
3. 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.
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 state/UT hosted the India’s first Lavender Festival?
[A] Sikkim
[B] Nagaland
[C] Jammu and Kashmir
[D] Arunachal Pradesh
Show Answer
Correct Answer: C [Jammu and Kashmir]
Notes:
Union Minister Jitendra Singh inaugurated the Lavender Festival, the first-of-its kind in India, in Bhaderwah, Jammu and Kashmir.
Bhaderwah in Doda district is the birthplace of the purple revolution and it is known for lavender cultivation in terms of land and climate. CSIR-Aroma Mission, under the Ministry of Science & Technology, aims to develop aroma-related science and technology to reach farmers, industry, and society.
6. ‘Appreciate all parents throughout the world’ is the theme of which day observed on June 1?
[A] World Day of Families
[B] Global Day of Parents
[C] World Day of Mothers
[D] Global Day of Children
Show Answer
Correct Answer: B [Global Day of Parents]
Notes:
The Global Day of Parents is annually celebrated on 1 June to appreciate the commitment of parents towards their children.
The UN General Assembly proclaimed 1994 as the International Year of the Family and 15 May each year as the International Day of Families. The UNGA later announced that 1 June will be observed as the Global Day of Parents. The theme for Global Day of Parents 2022 is ‘Appreciate all parents throughout the world.’
7. India hosted the ‘Industry Transition Dialogue’ with which country?
[A] Finland
[B] Australia
[C] Sweden
[D] France
Show Answer
Correct Answer: C [Sweden]
Notes:
Industry Transition Dialogue was hosted by India and Sweden in Stockholm. Union Environment Minister Bhupender Yadav addressed the summit.
The event was organised as a part of India and Sweden’s joint initiative called Leadership for Industry Transition (LeadIT). The Minister said that the developed countries must take lead in the global transition towards net zero and low carbon industry transition.
8. 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.
9. What is the theme of the ‘World Environment Day 2022’?
[A] Invest in our Planet
[B] Only One Earth
[C] 50th Environment Day
[D] Live with the Nature
Show Answer
Correct Answer: B [Only One Earth]
Notes:
The World Environment Day is celebrated every year on June 5, to raise awareness about degrading environmental conditions and environment protection.
The United Nations Environment Programme (UNEP) is the nodal agency that organises and supports events across the world. The year 2022 marks the 50th World Environment Day. Sweden is the host of the event this year and the theme is ‘Only One Earth’. It was the motto for the 1972 Stockholm Conference
10. Which company won the bid to build the national capital region’s new airport at Jewar?
[A] Adani Group
[B] Tata Projects
[C] Shapoorji Pallonji Group
[D] Larsen & Toubro
Show Answer
Correct Answer: B [Tata Projects]
Notes:
Tata Projects will build the national capital region’s new airport at Jewar, after outbidding the Shapoorji Pallonji Group and Larsen & Toubro for the contract.
Tata Projects will construct the terminal, runway, airside infrastructure, roads, utilities, landside facilities and other ancillary buildings at the Noida International Airport. The new airport is expected to be functional by 2024.