AffairsCloud brings you the complete and important daily Current Affairs 11 February 2022 Quiz to achieve more marks in Banking, Insurance, UPSC, SSC, CLAT, Railways and all other competitive Exams. We have prepared the current affairs quiz question from our daily current affairs 2021 updates.
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Top 10 Questions Based on Current Affairs 11 February 2022
- Which district secured 1st Rank for Most Improved Aspirational District in NITI Aayog’s Delta Rankings for December 2021?
1) Baramulla, J & K
2) Malkangiri, Odisha
3) Begusarai, Bihar
4) Chhatarpur, Madhya Pradesh
5) Ramgarh, JharkhandAnswer- 2) Malkangiri, Odisha
Explanation:
The NITI (National Institute of Transforming India) Aayog announced the five most improved aspirational districts in the field of Agriculture and Water Resources sector for Champions of Change Delta Ranking, December 2021.Ranking District State 1 Malkangiri Odisha 2 Chhatarpur Madhya Pradesh 3 Baramulla Jammu and Kashmir 4 Ramgarh Jharkhand 5 Begusarai Bihar - India secured _________ rank in the 9th annual ranking of top 10 countries outside of the United States for Leadership in Energy and Environmental Design (LEED) in 2021, released by US Green Building Council (USGBC), which was topped by ________.
1) 3rd; China
2) 2nd; Spain
3) 4th; Canada
4) 2nd; South Korea
5) 4th; ChinaAnswer-1) 3rd; China
Explanation:
The US Green Building Council (USGBC) released the 9th annual ranking of top 10 countries outside of the United States for Leadership in Energy and Environmental Design (LEED) in 2021 in which India ranked 3rd with 146 projects.
i. It has been topped by China with 1,077 LEED projects certified in 2021, followed by Canada (2nd), Republic of Korea (4th) & Spain (5th).
Note- In India, LEED is administered by Green Business Certification Inc. (GBCI). - Which of the following organizations recently (in Feb’22) gave approval for BSE Ltd to trade electronic gold receipts (EGR) in spot bullion exchange platform?
1) IRDAI
2) SEBI
3) NABARD
4) RBI
5) SIDBIAnswer-2) SEBI
Explanation:
Market regulator SEBI (Securities and Exchange Board of India) gave final approval to the BSE Limited (Formerly Bombay Stock Exchange) for trading in electronic gold receipts (EGR), a form of shares in demat accounts, that paves way for spot bullion exchange.
i. The Finance Ministry has specified EGR as ‘securities,’ under the Securities Contracts (Regulation) Act 1956.
ii. BSE’s rival Multi Commodity Exchange (MCX) plans to launch spot trading in commodities, especially bullion. - Which of the following policy rates is ‘wrongly matched’ with respect to the 6th Bi-Monthly Monetary Policy of FY 21-22 released by RBI in February 2022?
1) Policy Repo Rate – 4.25%
2) Reverse Repo Rate – 3.35%
3) Bank Rate – 4.25%
4) Cash Reserve Ratio – 4.00%
5) Statutory Liquidity Ratio – 18.00%Answer-1) Policy Repo Rate – 4.25%
Explanation:Category Rates Policy Repo Rate 4.00% Reverse Repo Rate 3.35% Marginal Standing Facility (MSF) Rate 4.25% Bank Rate 4.25% Cash Reserve Ratio (CRR) 4.00% Statutory Liquidity Ratio (SLR) 18.00% - What are the points that are correct with respect to the ‘6th Bi-Monthly Monetary Policy of FY21-22’ released by RBI in February 2022?
A) The projection for India’s real GDP growth for FY23 is at 7.8% with 17.2 percent at Q1.
B) The Consumer Price Index (CPI) inflation for FY23 is projected at 4.5 percent with 4.9 percent at Q1.
C) The MPC meeting was headed by RBI Governor Shaktikanta Das and the other 5 members of the committee.
1) Only C
2) Only A & B
3) Only B & C
4) Only A & C
5) All A, B & CAnswer-5) All A, B & C
Explanation:
The projection for India’s real GDP growth for FY23 is at 7.8% with 17.2 percent at Q1.
i. The Consumer Price Index (CPI) inflation for FY 23 is projected at 4.5 percent with 4.9 percent at Q1.
ii. The MPC meeting was headed by RBI Governor Shaktikanta Das and the other 5 members of the committee. - Which of the following points are ‘Not correct’ with respect to the 6th Bi-Monthly Monetary Policy of FY21-22 released by RBI in February 2022?
1) RBI has proposed to increase the limit on the amount for e-RUPI vouchers issued by Governments from Rs 10,000 to Rs 1,00,000 per voucher.
2) The amount of the NACH mandate is increased to Rs 3 crore from Rs 1 crore through TReDS to enhance the ease of financing to MSME.
3) The investment limit under the VRR for FDIs was increased from Rs. 10,000 crore to Rs 1.50 lakh crore with effect from June, 2022.
4) RBI has proposed to extend the term-liquidity facility of Rs 50,000 crore till June, 2022.
5) RBI Permitted Banks to deal in Foreign Currency Settled Overnight Indexed Swap (FCS-OIS) market with non-residents and other market makers.Answer-3) The investment limit under the VRR for FDIs was increased from 10,000 crore to Rs 1.50 lakh crore with effect from June, 2022.
Explanation:
The investment limit under the Voluntary Retention Route (VRR) for foreign portfolio investors (FPIs) was increased from 1.5 lakh crore to Rs 2.50 lakh crore with effect from April 1, 2022.
i. RBI has proposed to increase the limit on the amount for e-RUPI vouchers issued by Governments from Rs 10,000 to Rs 1,00,000 per voucher.
ii. The amount of the NACH mandate is increased to Rs 3 crore from Rs 1 crore through TReDS to enhance the ease of financing in MSME.
iii. RBI has proposed to extend the term-liquidity facility of Rs 50,000 crore till June, 2022.
iv. RBI Permitted Banks to deal in Foreign Currency SettledOvernight Indexed Swap (FCS-OIS) market with non-residents and other market makers. - In February 2022, SEBI restructured its advisory committee on Investor Protection and Education Fund (IPEF).
Who is the New Chairperson of the IPEF advisory committee?
1) Gurumoorthy Mahalingam
2) Mrin Agarwal
3) Abraham Koshy
4) Jayanta Jash
5) G. P. GargAnswer-1) Gurumoorthy Mahalingam
Explanation:
The SEBI restructured its advisory committee on Investor Protection and Education Fund (IPEF), under the Chairmanship of Gurumoorthy Mahalingam.
The advisory committee on IPEF is an eight-member committee which will take Gurumoorthy Mahalingam, former Whole Time Member of SEBI, as its new Chairperson.
Members of Committee:
i. SEBI inducted new members in the panel including Vijay Kumar Venkataraman, Mrin Agarwal.
ii. Balasubramanian A and M G Parameswaran will continue as a member of the committee.
iii. The committee also includes three SEBI Officials – GP Garg, N Hariharan and Jayanta Jash.
Note- Earlier the committee was headed by Abraham Koshy. - Who recently (in Feb’22) became the 1st woman Vice-Chancellor(VC) of Jawaharlal Nehru University (JNU) for a 5 years term?
1) Chanda Kochhar
2) Shikha Sharma
3) Naina Lal Kidwai
4) Meena Ganesh
5) Santishree Dhulipudi PanditAnswer-5) Santishree Dhulipudi Pandit
Explanation:
Santishree Dhulipudi Pandit was appointed as the first woman Vice-Chancellor (VC) of Jawaharlal Nehru University (JNU), New Delhi, Delhi, for a period of 5 years by the President Ram Nath Kovind.
i. Santishree Dhulipudi Pandit was appointed as the 13th VC of JNU.
ii. She succeeds M Jagadesh Kumar, who was serving as the Acting VC of JNU after his 5-year term as VC ended in 2021. He was appointed as the chairman of the University Grants Commission (UGC). - Who recently (in Feb’22) got appointed as the new Director of NCERT for 5 years by succeeding Hrushikesh Senapaty?
1) Madan Singh Yadav
2) Sridhar Srivastava
3) Anjum Sibia
4) Dinesh Prasad Saklani
5) Subhash ChanderAnswer-4) Dinesh Prasad Saklani
Explanation:
Dinesh Prasad Saklani, Professor of history at the Hemvati Nandan Bahuguna(HNB) Garhwal University, Uttarakhand has been appointed as the new Director of the National Council of Educational Research and Training (NCERT) for 5 years.
i. He succeeds Hrushikesh Senapaty, who has served as the director of NCERT from 2015 to 2020. - Which state/UT recently (in Feb’22) signed an MoU with New Zealand to transform the sheep farming sector?
1) Sikkim
2) Delhi
3) West Bengal
4) Jammu & Kashmir
5) Himachal PradeshAnswer-4) Jammu & Kashmir
Explanation:
The Jammu & Kashmir (J&K) government signed a pact with New Zealand for the transformation of the sheep farming sector in the J&K Union Territory (UT).
Objective – To improve farmer’s remuneration, transfer of technology in research and development, marketing and value addition of sheep products of J&K.
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