1. As per the RBI Act, the central bank has to send a report to the Government, in case of failure to maintain inflation target for how many quarters?
[A] Two
[B] Three
[C] Four
[D] Five
Show Answer
Correct Answer: B [Three]
Notes:
Under section 45ZN of the RBI Act, the central bank is required to submit a report to the government explaining the reasons and remedial actions it would take, in case of failure to maintain its inflation target for three consecutive quarters.
For the first time since the implementation of the monetary policy framework in 2016, the central bank has called a special meeting of the Monetary Policy Committee (MPC). It will submit a report to the government, as the retail inflation rate is above six per cent target for three consecutive quarters from January 2022.
2. The Prime Minister inaugurated the ‘Maze Garden and Miyawaki Forest’ in which state?
[A] Gujarat
[B] Maharashtra
[C] Andhra Pradesh
[D] Karnataka
Show Answer
Correct Answer: A [Gujarat]
Notes:
The Prime Minister Narendra Modi recently dedicated Maze Garden and Miyawaki Forest in Ekta Nagar, Gujarat.
The Miyawaki Forest is named after the technique developed by a Japanese botanist and ecologist Dr Akira Miyawaki to plant saplings of various species close to each other which develops into a dense urban forest.
3. Which institution regulates the ‘KYC Registration Agencies (KRA)’?
[A] SEBI
[B] RBI
[C] IRDAI
[D] PFRDA
Show Answer
Correct Answer: A [SEBI]
Notes:
BSE Technologies, a subsidiary of BSE launched KYC Registration Agency (KRA), which maintains KYC records of investors in an electronic form.
KRA is a SEBI-regulated intermediary that grants authorisation for investors’ Know Your Client (KYC), to the market participants. Under the guidelines, KRAs need to independently validate records of the clients whose KYC has been completed using Aadhaar as an Officially Valid Document (OVD).
4. Mauna Loa Volcano, which was seen in the news recently, is located in which place?
[A] Indonesia
[B] Hawaii
[C] Philippines
[D] Japan
Show Answer
Correct Answer: B [Hawaii]
Notes:
Mauna Loa is the largest subaerial volcano in both mass and volume. The world’s largest active volcano is located in the Hawaii Island rising to 13,679 feet above sea level.
Hawaii officials have warned the residents that the volcano is sending signals that it may erupt. As the volcano makes up 51% of the Hawaii Island landmass, a large portion of the island has the potential to be affected by an eruption.
5. Which Indian state presents the ‘Rajyotsava Award’ to eminent persons in various fields?
[A] Kerala
[B] Karnataka
[C] Andhra Pradesh
[D] Bihar
Show Answer
Correct Answer: B [Karnataka]
Notes:
The Karnataka government has announced the names of the recipients of ‘Rajyotsava Award’, as the state celebrates 67th Kannada Rajyotsava this year.
It is an annual award presented to eminent persons who have rendered significant service in various fields. Former ISRO Chairman K Sivan, Soligara Madamma who popularised cooperatives, Yakshagana artiste Dr M Prabhakar Joshi are among the 67 awardees.
6. Which Union Ministry organised ‘Unity Runs’ on the birth anniversary of Sardar Vallabh Bhai Patel?
[A] Ministry of Youth Affairs and Sports
[B] Ministry of Education
[C] Ministry of Housing and Urban Affairs
[D] Ministry of Home Affairs
Show Answer
Correct Answer: A [Ministry of Youth Affairs and Sports]
Notes:
Department of Youth Affairs and Sports and its affiliate organizations namely Nehru Yuva Kendra Sangathan (NYKS) and National Service Scheme (NSS) organized Unity Runs on the birth anniversary of Sardar Vallabh Bhai Patel in all districts.
Union Minister for Youth Affairs and Sports Anurag Thakur flagged off the Run for Unity from Mohali, Punjab. Across the country, 90,122 Runs for Unity were organized with participation of 55.32 Lakh, to generate awareness among citizens about the essence of national unity.
7. Which state launched the Digital resurvey of land- “ente bhumi (my land)”?
[A] Tamil Nadu
[B] Kerala
[C] Karnataka
[D] Telangana
Show Answer
Correct Answer: B [Kerala]
Notes:
The Kerala state government launched a digital resurvey of Kerala on its 66th Formation Day of November 1.
The survey aims to ensure speedy delivery of all land-related services to the people. The government decided to start a digital survey “ente bhumi (my land)” and aims to complete the task in four years, using the latest survey equipment such as Real Time Kinematic (RTK) Rover and Robotic Total Station.
8. When is the ‘International Day to End Impunity for Crimes against Journalists’ observed?
[A] 1 November
[B] 2 November
[C] 5 November
[D] 7 November
Show Answer
Correct Answer: B [2 November]
Notes:
The United Nations General Assembly observes 2 November as the ‘International Day to End Impunity for Crimes against Journalists’ (IDEI), since 2013.
The date for IDEI was chosen to commemorate the assassination of two journalists in Mali on November 2, 2013. The day draws attention to impunity, which means culprits going unpunished, to crimes against journalists.
9. As per the UN-FAO joint report, eight million people of which country is at the risk of hunger?
[A] South Sudan
[B] Israel
[C] Ghana
[D] Egypt
Show Answer
Correct Answer: A [South Sudan]
Notes:
As per a recent report released by Food and Agriculture Organisation (FAO), the UN children’s fund UNICEF and the World Food Programme, almost eight million people in South Sudan, or two thirds of the population in the deeply troubled country, are at risk of hunger.
As per the report, proportion of people facing high levels of food insecurity and malnourishment is at the highest level ever, surpassing levels seen even during the conflict in 2013 and 2016.
10. Which country’s President will be the Chief Guest at the 17th Pravasi Bharatiya Divas Convention?
[A] Australia
[B] Israel
[C] Guyana
[D] Brazil
Show Answer
Correct Answer: C [Guyana]
Notes:
Guyana President Dr. Mohamed Irfaan Ali will be the chief guest at the 17th Pravasi Bharatiya Divas Convention.
It will be held in January 2023 in Indore, Madhya Pradesh. The External Affairs Ministry also said that Zaneta Mascarenhas, Member of Parliament of Australia, will be the guest of honour at the Youth Pravasi Bharatiya Divas. The theme of the 17th Pravasi Bharatiya Divas is – Diaspora: Reliable Partners for India’s Progress in Amrit Kaal.