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. When is the ‘World Thrift Day’ observed in India?
[A] October 27
[B] October 30
[C] November 4
[D] November 7
Show Answer
Correct Answer: B [October 30]
Notes:
The 98th year celebration of World Thrift Day is marked on 30th October in India. The first International Thrift Congress which was held in Milan, Italy in 1924 had declared October 31 as the World Thrift day.
The aim of celebrating this day is to change our behaviour towards the saving and constantly reminds us the importance of wealth. This year the theme is ‘Saving prepares you for the future.’
3. What is the position of India in the ISSF World Championships 2022 medal tally?
[A] First
[B] Second
[C] Fifth
[D] Tenth
Show Answer
Correct Answer: B [Second]
Notes:
Indian shooters ended the ISSF World Championships campaign with the best-ever record of 38 medals, which placed India second in the tally after China.
The rifle/pistol competitions were held at Egyptian capital Cairo while shotgun competitions were held at Osijek, Croatia. In the previous world championships in Changwon, Korea in 2018, Indian squad finished with 27 medals. India also bagged three 2024 Paris Olympic quotas, this time.
4. 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.
5. What is the motto of the ‘International Open Access Week’ in 2022?
[A] Open for Climate Justice
[B] Open Access mandates
[C] Open Access Publishing
[D] Diamond Open Access
Show Answer
Correct Answer: A [Open for Climate Justice]
Notes:
The International Open Access Week is celebrated around the world from 24 to 30 October. It is an annual initiative to promote open access (OA) in the academic and research world.
This year the motto is Open for Climate Justice and aims to raise awareness of how open access can be a means for climate justice. In India, CSIR-NIScPR is one of the largest Open Access publishers of India which publishes 15 Diamond Open Access scholarly journals. In 2022, the International Open Access Week, entered its fifteenth year of celebration.
6. As per the Education Ministry’s Performance Grading Index (PGI), how many states attained Level -2 grading in 2020-21?
[A] None
[B] Two
[C] Four
[D] Seven
Show Answer
Correct Answer: D [Seven]
Notes:
The Ministry of Education has released the Performance Grading Index (PGI) for States and Union Territories for 2020-21.
The index has evidence-based comprehensive analysis of school education systems across States and UTs. A total of seven States and UTs namely Kerala, Punjab, Chandigarh, Maharashtra, Gujarat, Rajasthan, and Andhra Pradesh have attained Level -2 grading in 2020-21. PGI 2020-21 classified the States and UTs into ten grades of which the highest achievable Grade is Level 1.
7. What is the approximate area of the annual Antarctic ozone hole, as per NASA report?
[A] 1 .2 million square kilometres
[B] 23.2 million square kilometres
[C] 1.2 billion square kilometres
[D] 23.2 billion square kilometres
Show Answer
Correct Answer: B [23.2 million square kilometres]
Notes:
As per the scientists of the NASA, the annual Antarctic ozone hole reached an average area of 23.2 million square kilometres between September 7 and October 13, 2022.
NASA also said that the depleted area of the ozone layer over the South Pole was slightly smaller than last year and continued the overall shrinking trend of recent years, in general.
8. Which singer has been honoured with the French government’s highest honour- Chevalier de l’Ordre des Arts et des award?
[A] Sudha Raghunathan
[B] Aruna Sairam
[C] Shuba Mudgal
[D] Prabha Atre
Show Answer
Correct Answer: B [Aruna Sairam]
Notes:
Carnatic vocalist, composer, humanitarian and speaker Aruna Sairam has been honoured with the French government’s highest honour- Chevalier de l’Ordre des Arts et des award.
Aruna Sairam has been selected for this award not just for her achievements in singing but also for her contribution towards development of the Indo-France relationship.
9. Saurav Ghoshal and Ramit Tandon, who were in the news, play which sports?
[A] Tennis
[B] Squash
[C] Basket Ball
[D] Hockey
Show Answer
Correct Answer: B [Squash]
Notes:
Indian men’s team clinched their first-ever gold at the Asian Squash Team Championships. They defeated Kuwait in the final in straight sets in Cheongju, South Korea.
Indian squash players Saurav Ghoshal and Ramit Tandon won their games in the final. Previously, the Indian team had won 2014 Asian Games Gold. Hong Kong defeated Malaysia to win the women’s Asian Team Championship title for the fourth time this millennium.
10. 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.