Current Affairs Quiz - May 2022
1. India ranks at which place worldwide for production in terms of volume of Pharma exports?
[A] First
[B] Second
[C] Third
[D] Fifth
Show Answer
Correct Answer: C [Third]
Notes:
India ranks third worldwide for production in terms of volume of Pharma exports and 14th by value. The current market size of the domestic pharmaceutical industry is around USD 50 billion. The share of pharmaceuticals and drugs of India in the global exports is 5.92 percent.
As per the Commerce Ministry, Pharma exports have touched Rs 1,83,422 crore in 2021-22. The exports had positive growth despite global trade disruptions and drop in demand for COVID related medicines. 60 percent of the world’s vaccines and 20 percent of generic medicines came from India.
2. ‘The Bach Long bridge’ is the longest glass bridge, is located in which country?
[A] China
[B] Vietnam
[C] Japan
[D] Germany
Show Answer
Correct Answer: B [Vietnam]
Notes:
The Bach Long Bridge, meaning ‘the white dragon’ is claimed to be the world’s longest glass-bottomed bridge. This is Vietnam’s third glass-bottomed bridge.
The Bach Long Bridge which stretches to over 600 metres surpasses the 526-metre long bridge in Guangdong, China. The white pedestrian bridge is made of three layers of thick French-produced tempered glass that can support up to 450 people at a time.
3. The Monetary Policy Committee (MPC) has how many members?
[A] Four
[B] Six
[C] Eight
[D] Ten
Show Answer
Correct Answer: B [Six]
Notes:
The Monetary Policy Committee (MPC) has six members, out of which three are external, and the other three members are RBI governor who is the Chairperson of MPC, the Deputy Governor in charge of monetary policy, and one officer of RBI nominated by the central board.
Recently, the Reserve Bank of India’s central board approved the nomination of Rajiv Ranjan as an ex-officio member of the Monetary Policy Committee. He replaces Mridul Saggar, who retired last month.
4. Which institution has partnered with the India Meteorological Department (IMD) to develop Weather Forecasting App?
[A] IISc, Bengaluru
[B] IIT Bombay
[C] Indian Institute of Space Science and Technology
[D] Indian Institute of Tropical Meteorology, Pune
Show Answer
Correct Answer: B [IIT Bombay]
Notes:
The Indian Institute of Technology (IIT Bombay) has partnered with the India Meteorological Department (IMD) of the Ministry of Earth Sciences (MoES) to develop climate solutions at village, city and district level.
The collaboration will help IIT-B to develop sensors and drone-based smart monitoring systems, climate-smart agriculture technology, intelligent early warning systems, wind energy and heat wave forecasts among others.
5. Which states have the highest ratio of undertrials in jails, as per latest NCRB Data?
[A] Uttar Pradesh and Bihar
[B] Delhi and Jammu &Kashmir
[C] Gujarat and Madhya Pradesh
[D] West Bengal and Assam
Show Answer
Correct Answer: B [Delhi and Jammu &Kashmir]
Notes:
According to the latest data compiled by the National Crime Records Bureau (NCRB) for 2020, of the total 4,88 lakh prison inmates, 76 % or 3.71 lakh were found to be undertrials, of which about 68% were either illiterate or school dropouts.
Among the undertrials, about 20% were Muslims, while about 73% were Dalits, tribals or OBCs. Delhi and Jammu and Kashmir (J&K) were found to have the highest ratio of undertrials in jails at 91%, followed by Bihar and Punjab at 85%, and Odisha at 83%.
6. After the May 2022 Meeting of the Monetary Policy Committee, what is the revised Repo Rate?
[A] 3.75 %
[B] 4.25 %
[C] 4.40 %
[D] 4.50 %
Show Answer
Correct Answer: C [4.40 %]
Notes:
The Reserve Bank hiked the repo rate by 40 basis points (bps) to 4.40 per cent, after an unscheduled meeting of the Monetary Policy Committee (MPC) in May 2022. Next meeting of the MPC is scheduled during June 6-8.
All six members unanimously voted for a rate hike while maintaining the accommodative stance. The decision aimed to contain inflation, which remained above 6 per cent for the last three months. Cash reserve ratio was hiked by 50 bps to 4.5% effective May 21.
7. The ‘Jog Falls’ which was seen in the news, is located in which state/UT?
[A] Andhra Pradesh
[B] Karnataka
[C] Telangana
[D] Kerala
Show Answer
Correct Answer: B [Karnataka]
Notes:
Karnataka’s Forest Department had recommended ‘in principal approval’ of environmental clearance for various Jog Development Projects including a five-star hotel.
Regional Empowered Committee (REC) of the Environment Ministry sought additional clarifications on the project. It also sought to know if any environmental study has been conducted about the impact, and any precautionary measures have been taken in the proposed activities.
8. As per new rules released by CERT-in, VPN Companies should preserve data on their clients for how many years
[A] Three
[B] Five
[C] Seven
[D] Ten
Show Answer
Correct Answer: B [Five]
Notes:
As per the new rule released by the Computer Emergency Response Team (CERT-in), VPN companies are asked to collect and preserve data on their clients for a period of five years.
CERT-in, which is overseen by the Ministry of Electronics and Information Technology, issued a new set of guidelines to coordinate response activities as well as emergency measures with respect to cyber security incidents. For five years, data centres and crypto exchanges must keep a wide range of data about their users.
9. Which Ministry/institution launched North East Capacity Building (NECB) 2.0 Project?
[A] Ministry of Electronics and IT
[B] Ministry of Skill Development and Entrepreneurship
[C] NASSCOM
[D] NITI Aayog
Show Answer
Correct Answer: A [Ministry of Electronics and IT]
Notes:
The Ministry of Electronics and IT launched five National Institute of Electronics and Information Technology (NEILIT).
North East Capacity Building (NECB) 2.0 Project was also launched for training in digital skill sets and industry-demanding technologies for people in the North-East states. The event was held at the National Institute of Electronics and Information Technology (NEILIT), Dimapur.
10. Germany withdrew its case against which country, over war reparations for Nazi victims in the International Court of Justice (ICJ)?
[A] Russia
[B] Italy
[C] France
[D] USA
Show Answer
Correct Answer: B [Italy]
Notes:
Germany has filed a case against Italy at the International Court of Justice (ICJ) because Italy continues to allow victims of Nazi war crimes to claim compensation from the German state even after the ruling that such claims violated international law.
As per Germany’s letter requesting the case’s withdrawal, Italian law requires Italian courts to lift measures of enforcement previously taken, and that no measures of constraint will be taken by Italian courts against German property used for government non-commercial purposes.
The above questions are part of Daily Current Affairs 20 MCQs Series in GKToday's Academy Android Application. This series can be subscribed in the app only for Rs. 750/- for entire year.
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