31. What is India’s logistics cost as a proportion of GDP, as of 2022?
[A] 9-10 %
[B] 13-14 %
[C] 15-16 %
[D] 19-20 %
Show Answer
Correct Answer: B [13-14 %]
Notes:
Prime Minister Narendra Modi launched the National Logistics Policy (NLP), which aims to promote seamless movement of goods across the country, by reducing logistics cost.
It also aims to improve its competitiveness of Indian goods in domestic as well as global markets. India’s logistics cost as a proportion of the Gross Domestic Product (GDP) is estimated to be around 13-14 per cent.
32. Which country is the host of the Governing Body session of ‘International Treaty on Plant Genetic Resources for Food and Agriculture’ (ITPGRFA)?
[A] India
[B] UAE
[C] United States
[D] Australia
Show Answer
Correct Answer: A [India]
Notes:
India is set to host of the Governing Body session of ‘International Treaty on Plant Genetic Resources for Food and Agriculture’ (ITPGRFA).
The pact, which came in force in 2004, has been ratified by 149 countries. Member countries at the New Delhi summit of ITPGRFA are likely to reach a consensus on benefit-sharing of germ plasm which will provide access to better quality seeds.
33. Which Indian city is the host of ‘Global Fintech Conference’ in 2022?
[A] New Delhi
[B] Ahmedabad
[C] Mumbai
[D] Bengaluru
Show Answer
Correct Answer: C [Mumbai]
Notes:
Global Fintech Fest is being organized by the National Payments Corporation of India (NPCI), the Payments Council of India (PCI) and the Fintech Convergence Council (FCC).
It was attended by Union Finance Minister Nirmala Sitharaman and RBI Governor Shaktikanta Das. The Finance Minister called upon fintech industry to take advantage of opportunities in green finance for building a sustainable financial environment.
34. Who has been elected as a member of the Governance Committee of the Asia Pacific Forum (APF), from India?
[A] Justice Ranjan Gogoi
[B] Justice Sadasivan
[C] Justice Arun Kumar Mishra
[D] Justice N V Ramana
Show Answer
Correct Answer: C [Justice Arun Kumar Mishra]
Notes:
National Human Rights Commission (NHRC) Chairperson, retired Justice Arun Kumar Mishra has been elected as a member of the Governance Committee of the Asia Pacific Forum (APF).
He has also been elected as a member of the Global Alliance of National Human Rights Institutions (GANHRI) Bureau. The GANHRI is one of the world’s largest human rights networks.
35. As per Commerce Ministry’s notification, India has set up a new Export promotion council’ for which products?
[A] Semi-conductor Chips
[B] Smart Wearables
[C] Medical Devices
[D] Pharmaceutical Products
Show Answer
Correct Answer: C [Medical Devices]
Notes:
As per Commerce Ministry’s notification, India has set up a new ‘Exports Promotion Council for Medical Devices’.
The council will be under the department of pharmaceuticals and will be headquartered in Noida and will have offices in Andhra Pradesh and Telangana. The council will help exporters in promoting their products in international markets. India exported Rs. 23,766 crore of medical devices in 2021-22.
36. Which city topped the Global Financial Centres Index (GFCI) in 2022?
[A] Hong Kong
[B] London
[C] New York
[D] Shanghai
Show Answer
Correct Answer: C [New York]
Notes:
New York topped latest rankings from the Global Financial Centres Index (GFCI) and remained as the world’s most favoured financial centre for fourth year.
London retains its second position while Singapore overtook Hong Kong to come in third. Paris returned to the top 10 to replace Tokyo. However Moscow was pushed down 22 places to 73rd after its invasion of Ukraine and resultant severing of ties from Western countries. GFCI is compiled by Z/Yen, a London-based think tank and China Development Institute.
37. Which country nationalised its largest gas importer ‘Uniper’ for energy security?
[A] France
[B] Germany
[C] Italy
[D] Israel
Show Answer
Correct Answer: B [Germany]
Notes:
Germany nationalised its largest gas importer Uniper for energy security against the backdrop of Russia’s gas supply freeze and rising gas prices.
Uniper has a 50 per cent share of Russian gas in its portfolio and is responsible for about 40 per cent of gas supply in Germany. Russia earlier decided to completely suspend gas deliveries through the Nord Stream 1 pipeline on September 1.
38. Which is the first Indian bank to get Reserve Bank of India (RBI) approval for rupee trade?
[A] State Bank of India
[B] HDFC Bank
[C] UCO Bank
[D] Federal Bank
Show Answer
Correct Answer: C [UCO Bank]
Notes:
India’s Public sector lender UCO Bank is the first bank to receive the Reserve Bank of India’s (RBI’s) approval for rupee trade.
The Kolkata-based bank will open a special vostro account with Gazprombank of Russia for trade settlement in Indian rupees. In July, RBI announced its decision to allow Indian banks to settle trade in Indian currency in July. RBI also allowed trade settlements between India and other countries, including Sri Lanka and Russia.
39. ‘Dilip Asbe’ has been reappointed as the MD & CEO of which institution?
[A] Air India
[B] National Payments Corporation of India
[C] State Bank of India
[D] Hindustan Aeronautics Ltd
Show Answer
Correct Answer: B [National Payments Corporation of India]
Notes:
The National Payments Corporation of India (NPCI) has reappointed Dilip Asbe as the Managing Director and Chief Executive Officer (MD & CEO) of the company for a period of five years.
Dilip Asbe took over as MD&CEO of NPCI in January 2018. NPCI is an umbrella organisation for operating retail payments and settlement systems in India.
40. ‘Swachh Vayu Sarvekshan’ programme is implemented by which Union Ministry?
[A] Ministry of Rural Development
[B] Ministry of Environment, Forest and Climate Change
[C] Ministry of Agriculture and Farmers Welfare
[D] Ministry of Renewable Energy
Show Answer
Correct Answer: B [Ministry of Environment, Forest and Climate Change]
Notes:
The Ministry of Environment, Forest and Climate Change (MoEFCC) will launch the ‘Swachh Vayu Sarvekshan’ programme under National Clean Air Programme 2019 (NCAP).
Swachh Vayu Sarvekshan will rank 131 cities in the country for implementing City Action Plans prepared as part of NCAP to reducie air pollution up to 40 per cent by 2025-26.