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- Bhagwant Khuba, Minister of State (MoS) of Ministry of New and Renewable Energy (MNRE), recently (in May ’22) addressed Intersolar Europe 2022 on “India’s Solar Energy Market”.
Intersolar Europe 2022 was held in which city?
1) Geneva, Switzerland
2) Beijing, China
3) Milan, Italy
4) Munich, Germany
5) Paris, FranceAnswer-4) Munich, Germany
Explanation:
Bhagwant Khuba, Minister of State (MoS), Ministry of New and Renewable Energy (MNRE) delivered a keynote address at the investment promotion event on “India’s Solar Energy Market” at Intersolar Europe 2022 held at Messe München exhibition centre, Munich, Germany.
i. The event was organized by the Indo-German Energy Forum (IGEF).
ii. Intersolar Europe 2022, the world’s leading exhibition for the solar industry, took place from 11th May to 13th May 2022. - In which country the world’s longest suspension footbridge named “Sky Bridge 721” was opened?
1) Czech Republic
2) Romania
3) Slovakia
4) Lithuania
5) HungaryAnswer-1) Czech Republic
Explanation:
The world’s longest suspension footbridge named “Sky Bridge 721”, was opened in Dolní Morava, Czech Republic for tourists. The bridge connects two mountain ridges and hangs 95 metres above the valley of the Mlýnský Stream.
i. The Sky Bridge 721, 721 metres (2365 feet) long and 1.2-meter-wide, was constructed at a cost of 200 million crowns (around USD 8.4 million).
ii. Sky Bridge 721 is 154 metres longer than the current Guinness World Record holder suspension footbridge, the Baglung Parbat Footbridge (567 metres) in Gandaki Province, Nepal. - Name the bank that recently (in May’22) partnered with SpiceJet to launch co-branded credit cards.
1) IndusInd Bank
2) YES Bank
3) HDFC Bank
4) ICICI Bank
5) Axis BankAnswer- 5) Axis Bank
Explanation:
SpiceJet, an Indian low-cost airline, has partnered with Axis Bank, India’s third largest private sector bank, to Launch the most lucrative co-branded credit cards, which are available in 2 variants: SpiceJet Axis Bank Voyage and Voyage Black. It will be powered by Visa and will provide customers with a variety of privileges and benefits.
i. The products are designed to allow users to utilize their daily spending rewards to book flights and add-ons, encouraging both travel and digital payments while also incorporating SpiceJet’s SpiceClub frequent flyer club benefits. - In May 2022, the Indian government made the requirement of a Permanent Account Number (PAN) or Aadhaar number mandatory for deposits or withdrawals of ______ or more in a FY.
1) Rs. 20 lakh
2) Rs. 40 lakh
3) Rs. 30 lakh
4) Rs. 10 lakh
5) Rs. 50 lakhAnswer- 1) Rs. 20 lakh
Explanation:
The Indian government has made the requirement of a Permanent Account Number (PAN) or Aadhaar number mandatory for deposits or withdrawals of Rs. 20 lakh or more in a fiscal year, or for creating a current account.
i. On May 10, 2022, the Central Board of Direct Taxes (CBDT) issued a notification in this regard called the Income–tax (Fifteenth Amendment) Rules, 2022 and the new regulations will take effect from May 26, 2022.
ii. PAN is currently required for cash deposits of Rs 50,000 or more per day. With these rules, a threshold of Rs 20 lakh has been set for the entire financial year, by this step, the Income Tax Department is monitoring high-value cash transactions, deposits, and withdrawals where the individual would not otherwise pay tax on his or her income. - . For which bank, the Reserve Bank of India (RBI) recently (in May’22) imposed restrictions on withdrawals of current and savings accounts?
1) Sri Guru Raghavendra Sahakara Bank Niyamitha
2) Indian Mercantile Cooperative Bank
3) Shankarrao Pujari Nutan Nagari Sahakari Bank
4) Mantha Urban Cooperative Bank
5) Laxmi Cooperative BankAnswer-3) Shankarrao Pujari Nutan Nagari Sahakari Bank
Explanation:
The Reserve Bank of India (RBI) has imposed several restrictions on Shankarrao Pujari Nutan Nagari Sahakari Bank Limited, Ichalkaranji, Kolhapur in Maharashtra, including on withdrawals, in view of the lender’s deteriorating financial position. The restrictions will be in effect for six months from the close of business on May 13, 2022, and are subject to review.
RBI has issued restrictions in the exercise of its powers under Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, (As Applicable to Co-operative Societies). - Which of the following points are ‘correct’ with respect to the Forbes Global 2000 List 2022 released in May 2022?
1) Berkshire Hathaway, United States of America (USA) tops the list for the 1st time.
2) Mukesh Ambani’s Reliance Industries Limited (RIL) was ranked 53rd on the list (global) and 1st among Indian companies.
3) The ONGC (global rank: 209) was ranked as India’s 2nd largest with a market value of USD24.39 billion.
4) Only 1 & 2
5) Only 2 & 3Answer- 4) Only 1 & 2
Explanation:
According to the Forbes Global 2000 List 2022, which ranks the world’s largest companies using 4 metrics (sales, profits, assets, and market value):
Berkshire Hathaway, United States of America (USA) tops the list for the first time since Forbes started publishing the Global 2000 in 2003.
Mukesh Ambani’s Reliance Industries Limited (RIL) was ranked 53rd on the list (global) and 1st among Indian companies.
Reliance Industries is followed by the State Bank of India (SBI) (global rank: 105) as India’s 2nd largest with a market value of USD 58.39 billion. - Who was recently (in May’22) elected as the President of Confederation of Indian Industry (CII) for 2022-23?
1) T V Narendran
2) Shobana Kamineni
3) R Dinesh
4) Rakesh Bharti Mittal
5) Sanjiv BajajAnswer-5) Sanjiv Bajaj
Explanation:
Sanjiv Bajaj, Chairman and Managing Director for Bajaj Finserv Limited, took charge as the President of Confederation of Indian Industry (CII) for 2022-23. Sanjiv Bajaj takes over Presidential responsibility from T V Narendran, CEO and managing director of Tata Steel Limited.
i. Pawan Munjal, chairman and CEO of Hero MotoCorp, has taken over as CII president-designate for 2022-23.
ii. R Dinesh, executive vice-chairman, TVS Supply Chain Solutions was named vice-president for 2022-23. - Which organisation/ministry recently (in May ’22) launched the National Data and Analytics Platform (NDAP) to improve access & use of published Indian government data?
1) Ministry of Science and Technology
2) Indian Space Research Organisation
3) Ministry of Electronics and Information Technology
4) NITI Aayog
5) Ministry of Home AffairsAnswer-4) NITI Aayog
Explanation:
The National Institution for Transforming India (NITI) Aayog has launched the National Data and Analytics Platform (NDAP) which aims to improve access and use of published Indian government data.
i. The platform provides standardised datasets from across India’s vast landscape of administrative data. NDAP helps users to search, merge, visualize and download datasets with ease. - Sheikh Khalifa bin Zayed Al Nahyan recently (in May’ 22) passed away. He is the president of which country?
1) Iraq
2) United Arab Emirates
3) Saudi Arabia
4) Qatar
5) KuwaitAnswer-2) United Arab Emirates
Explanation:
Sheikh Khalifa bin Zayed Al Nahyan, ruler of Abu Dhabi and the President of the United Arab Emirates(UAE) has passed away.
i. Under the constitution, Vice President and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai, would act as president until the federal council which groups the rulers of the seven emirates meets within 30 days to elect a new president. - What is the theme of World Migratory Bird Day 2022 that was observed across the globe on 14th May 2022?
1) Sing, Fly, Soar – Like a Bird!
2) Protect Birds: Be the Solution to Plastic Pollution
3) Their Future is our Future
4) Birds Connect Our World
5) Impact of Light Pollution on Migratory BirdsAnswer-5) Impact of Light Pollution on Migratory Birds
Explanation:
World Migratory Bird Day(WMBD), a United Nations(UN)-backed global campaign annually observed across the world on 2 occasions (two peak days each year), the second Saturday of May and October, with an aim to create awareness about the importance of the conservation of migratory birds and their habitats.
i. World Migratory Bird Day 2022 will be observed on 14th May 2022 and 8th October 2022.
ii. The theme of World Migratory Bird day 2022 is “Impact of Light Pollution on Migratory Birds” and the slogan of the World Migratory Bird Day 2022 is “Dim the Lights for Birds at Night!”.
- Bhagwant Khuba, Minister of State (MoS) of Ministry of New and Renewable Energy (MNRE), recently (in May ’22) addressed Intersolar Europe 2022 on “India’s Solar Energy Market”.
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