1. 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.
2. 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.
3. Which country was the top export destination for the country’s textiles and apparel shipments in 2021-22?
[A] UAE
[B] USA
[C] China
[D] Singapore
Show Answer
Correct Answer: B [USA]
Notes:
India recorded its highest-ever textiles and apparel exports in the financial year 2021-22 at USD 44.4 billion.
The exports including handicrafts recorded an increase of 41 per cent over corresponding figures in FY21. USA was the top export destination for the country’s textiles and apparel shipments with 27 per cent share, followed by the European Union (18 %), Bangladesh (12 %) and UAE (6 %).
4. The ‘International Week of Solidarity with the Peoples of Non-Self-Governing Territories’ is observed in which month?
[A] April
[B] May
[C] June
[D] July
Show Answer
Correct Answer: B [May]
Notes:
The ‘International Week of Solidarity with the Peoples of Non-Self-Governing Territories’ is observed from May 25 to May 31.
In the UN Charter, a Non-Self-Governing Territory is defined as a Territory “whose people have not yet attained a full measure of self-government.” At present, there are 17 Non-Self-Governing Territories remaining.
5. 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.
6. ‘eSanjeevani’ telemedicine service has been integrated with which scheme?
[A] Ayushman Bharat Digital Mission
[B] Pradhan Mantri Suraksha Bima Yojana
[C] Aam Aadmi Bima Yojana
[D] Pradhan Mantri Jeevan Jyoti Yojana
Show Answer
Correct Answer: A [Ayushman Bharat Digital Mission]
Notes:
The National Health Authority (NHA) said that the ‘eSanjeevani’ telemedicine service has been integrated with the Ayushman Bharat Digital Mission (ABDM).
This integration allows the existing eSanjeevani users to create their Ayushman Bharat Health Account (ABHA) and use it to link and manage their existing health records. The users can also share their health records with doctors on eSanjeevani.
7. The Indian Air Force (IAF) signed an MoU with which state/UT to set up Indian Air Force Heritage Centre?
[A] Sikkim
[B] Kerala
[C] Chandigarh
[D] Telangana
Show Answer
Correct Answer: C [Chandigarh]
Notes:
The Chandigarh UT Administration and the Indian Air Force (IAF) signed an MoU on the Indian Air Force Heritage Centre.
The centre will have simulators, decommissioned aircraft, aero engines and other IAF artefacts. The centre will also include virtual reality and AI technology. The Heritage Centre will be informative and motivate the country’s youth to join the armed forces.
8. 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.
9. When is ‘International Day for the Fight against Illegal, Unreported and Unregulated Fishing’ observed?
[A] June 3
[B] June 5
[C] June 7
[D] June 9
Show Answer
Correct Answer: B [June 5]
Notes:
International Day for the Fight against Illegal, Unreported and Unregulated Fishing is observed every year on June 5.
The date marks the day when the Port State Measures Agreement officially entered into force as an international treaty. In 2015, the General Fisheries Commission for the Mediterranean of the FAO proposed the day.
10. ‘Harbinger 2021’ is the global hackathon organised by which institution?
[A] SEBI
[B] Niti Aayog
[C] RBI
[D] Indian Army
Show Answer
Correct Answer: C [RBI]
Notes:
The Reserve Bank had launched its first global hackathon – “Harbinger 2021 – Innovation for Transformation” with the theme ‘Smarter Digital Payments’ in November 2021.
It was organised to encourage entrepreneurs to suggest innovative solutions for smarter digital payments. Tone Tag has been declared the winner in two categories in the RBI’s first global hackathon Harbinger 2021. napID Cybersec and TrustCheckr were the winners of the other two categories.