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 Ratle hydro-electric project is being constructed in which state/ UT?
[A] Arunachal Pradesh
[B] Jammu and Kashmir
[C] Sikkim
[D] Assam
Show Answer
Correct Answer: B [Jammu and Kashmir]
Notes:
The Ratle hydro-electric project is a project under construction on Chenab River in Kisthwar district in the Union Territory of Jammu and Kashmir.
After landslides hit the hydropower plant, 4 people died and over 15 people were injured. In 2021, the Union Cabinet gave its approval for the investment of Rs.5281.94 crore for 850 MW Ratle Hydro Electric (HE) Project.
3. Which Union Ministry signed MoU with FIFA and AIFF to implement ‘Football4Schools’ initiative in India?
[A] Ministry of Youth Affairs and Sports
[B] Ministry of Education
[C] Ministry of Skill Development and Entrepreneurship
[D] Ministry of Housing and Urban Affairs
Show Answer
Correct Answer: B [Ministry of Education]
Notes:
Union Education Ministry has recently signed MoU with FIFA and AIFF for implementing ‘Football4Schools’ initiative in India.
‘Football4Schools’ program is expected to be a positive tool to inspire children and ensure their holistic development, by main-streaming sports along with studies.
4. What is the TB incidence of India (per 1 lakh population) for the year 2021, as per the Global TB Report 2022?
[A] 101
[B] 210
[C] 510
[D] 1200
Show Answer
Correct Answer: B [210]
Notes:
The World Health Organisation (WHO) released the Global TB Report 2022, which notes the impact of COVID-19 pandemic on the diagnosis, treatment and burden of disease for TB.
India’s TB incidence for the year 2021 is 210 per 100,000 population, compared to the baseline year of 2015. There has been an 18% decline which is 7 percentage points better than the global average of 11%. India is placed at 36th position in terms of TB incidence rates.
5. 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.
6. 50 UN member countries issued a joint statement condemning which country’s persecution of minorities?
[A] China
[B] India
[C] Russia
[D] Israel
Show Answer
Correct Answer: A [China]
Notes:
50 United Nations member countries issued a joint statement that condemned the Chinese government’s persecution of Uyghurs in Xinjiang.
The 50 signatories included the United States, Britain, Japan, France, Germany, Australia, among others. The statement was presented to UN member states by Canada at a meeting of the UN General Assembly’s Third Committee.
7. Which insurance company has launched satellite index-based Farm Yield Insurance Policy?
[A] HDFC ERGO
[B] ICICI Prudential
[C] Aditya Birla Sun Life
[D] Tata AIA
Show Answer
Correct Answer: A [HDFC ERGO]
Notes:
HDFC ERGO has launched first-of-its-kind satellite index-based Farm Yield Insurance Policy for farmers.
The satellite-based index will be used to provide localized farm level coverage and it will provide comprehensive cover across the crop life cycle from sowing to harvesting, basis satellite-based data.
8. Which institution released the Adaptation Gap Report 2022?
[A] WEF
[B] UNEP
[C] UNFCCC
[D] NITI Aayog
Show Answer
Correct Answer: B [UNEP]
Notes:
The United Nations Environment Program (UNEP) launched a report titled ‘Adaptation Gap Report 2022: Too Little, Too Slow – Climate adaptation failure puts world at risk’.
The report finds that the world must urgently increase efforts to adapt to these impacts of climate change. The report also lists the progress in planning, financing, and implementing adaptation actions.
9. Which Union Ministry launched the ‘Swachh Survekshan Grameen 2023 Toolkit’?
[A] Ministry of Jal Shakti
[B] Ministry of Rural Development
[C] Ministry of Housing and Urban Affairs
[D] Ministry of Agriculture and Farmers Welfare
Show Answer
Correct Answer: A [Ministry of Jal Shakti]
Notes:
The Department of Drinking Water & Sanitation (DDWS), Ministry of Jal Shakti held Technical Session on ‘Rural WASH Partnerships – the way forward’ on the second day of the 7th India Water Week.
‘WASH’ stands for Water, Sanitation and Hygiene (WASH). Union Jal Shakti Minister also launched the toolkit for Swachh Survekshan Grameen (SSG) 2023 and the web portal for the ‘Twinpit to Retrofit Abhiyan’
10. ‘Grama Vandi’ service, which won the ‘Commentation Award in Urban Transport’, is implemented in which state?
[A] Tamil Nadu
[B] Kerala
[C] Odisha
[D] West Bengal
Show Answer
Correct Answer: B [Kerala]
Notes:
Grama Vandi, the city circular service of the Kerala Road Transport Corporation (KSRTC) won the national ‘Commentation Award in Urban Transport’ in the category of ‘City with the best Public Transport System’.
The ‘Grama Vandi’ was launched in association with local self-government institutions in the State. It also won the Award of Excellence in Urban Transport at the Urban Mobility India (UMI) conference, held in Kochi.