AffairsCloud brings you the complete and important daily Current Affairs 10 & 11 July 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 2022 updates.
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- In July 2022, the Ministry of Health & Family Welfare signed an MoU with ____________ to eradicate tuberculosis (TB) in India by ________.
1) Ministry of Women and Child Development; 2025
2) Ministry of Panchayati Raj; 2030
3) Ministry of Ayush; 2026
4) Ministry of Panchayati Raj; 2025
5) Ministry of Women and Child Development; 2030
Answer & Explanation
Answer-4) Ministry of Panchayati Raj; 2025
Explanation:
In order to eradicate tuberculosis (TB) in India, a MoU was signed between the Ministry of Panchayati Raj (MoPR) and the Central TB Division, Ministry of Health & Family Welfare (MoH&FW).
i. The MoU would establish inter-ministerial collaborations and strategic partnerships with the goal of eradicating TB in India by 2025.
- As per the Centre for Monitoring Indian Economy (CMIE), India’s unemployment rate in June 2022 rose to ________ from 7.12% in May 2022.
1) 7.2%
2) 5.4%
3) 8.2%
4) 7.8%
5) 6.9%
Answer & Explanation
Answer-4) 7.8%
Explanation:
According to the latest data published by the Centre for Monitoring Indian Economy (CMIE), India’s unemployment rate in June 2022 rose to 7.8% of the total workforce from 7.12% in May 2022. The increase in the unemployment rate was mainly due to a rise in the rural unemployment rate.
i. The Rural Unemployment Rate in June 2022 increased to 8.03% from 6.62% in May 2022. The Urban unemployment rate in June 2022 reduced to 7.30% from 8.21% in May 2022.
ii. The highest unemployment rate in June 2022 are Haryana followed by Rajasthan, while Madhya Pradesh, Chhattisgarh, Odisha, Tamil Nadu record low rates.
- Which state secured the 1st position in the delta ranking of the Shyama Prasad Mukherji Rurban Mission (SPMRM) in the month of June 2022?
1) Gujarat
2) Assam
3) Jharkhand
4) Uttar Pradesh
5) West Bengal
Answer & Explanation
Answer-3) Jharkhand
Explanation:
The Union Ministry of Rural Development has released the delta ranking of Shyama Prasad Mukherji Rurban Mission (SPMRM), in which Jharkhand secured the first position in the delta ranking with a composite score of 76.19 in the month of June 2022.
i. Jharkhand has secured eighth place in overall ranking and improved its score by 1.93 compared to May 2022, which is the highest improvement among the 34 states and union territories.
ii. Jharkhand ranks first across India in the Delta ranking followed by Puducherry and Assam.
- Which country recently (in July’22) became the 68th Country to Join Interpol’s Child Sexual Exploitation Database?
1) United Arab Emirates
2) Spain
3) India
4) Indonesia
5) Algeria
Answer & Explanation
Answer-3) India
Explanation:
Central Bureau of Investigation (CBI), India’s nodal agency for Interpol matters joins International Criminal Police Organization (Interpol’s) international child sexual exploitation (ICSE) database and becomes the 68th country to join.
i. The ICSE database uses video & image comparison software to analyse child sexual abuses and make connections between victims, abusers and places.
About International Criminal Police Organisation (Interpol):
Secretary-General – Jürgen Stock
Establishment – 1923
Headquarters – Lyon, France
Members – 195 countries
- Which bank recently (in July ’22) became India’s 1st bank to launch ‘Uni-verse’, the bank’s Metaverse Virtual Lounge?
1) Axis Bank
2) Union Bank of India
3) City Union Bank
4) UCO Bank
5) State Bank of India
Answer & Explanation
Answer- 2) Union Bank of India
Explanation:
Union Bank of India (UBI), one of India’s leading Public Sector Banks (PSBs), announced the launch of ‘Uni-verse’, the bank’s Metaverse Virtual Lounge, and the Open Banking Sandbox Environment at an event in Mumbai, Maharashtra.
i. By launching ‘Uni-verse’, UBI has become the first Indian bank to open a virtual shop for publicity.
ii. Uni-verse will provide a unique experience of banking to the customers. Similar to a real-world scenario, customers can explore the lounge and obtain information on the bank’s deposit, loan, government welfare schemes, digital initiatives, etc.
iii. The Metaverse Virtual Lounge initiative is a collaboration with Tech Mahindra, which offers creative and customer-centric digital experiences.
iv. UBI will collaborate with FinTechs (financial technology firms) and Start-Up partners through the Open Banking Sandbox environment to develop and introduce cutting-edge banking products.
- Asian Infrastructure Investment Bank (AIIB) is set to establish an Interim Operational Hub, 1st first overseas office, in _________.
1) Tokyo, Japan
2) Abu Dhabi, United Arab Emirates
3) Jakarta, Indonesia
4) New Delhi, India
5) Jeddah, Saudi Arabia
Answer & Explanation
Answer-2) Abu Dhabi, United Arab Emirates
Explanation:
Asian Infrastructure Investment Bank (AIIB) has approved the establishment of an Interim Operational Hub, its first overseas office in Abu Dhabi, United Arab Emirates (UAE), pending formal agreement to be finalised.
i. The hub will provide AIIB with a robust platform to enable effective supervision of its growing investment portfolio, and strengthen its project monitoring and implementation services across the globe.
ii. AIIB started with 57 founding members (UAE is one of them) in 2016 at headquarters Beijing, China, now AIIB has 105 members and developed a portfolio of 181 projects in 33 member countries with a total amount of USD 35.7 billion.
- Which bank recently (in July’22) signed an MoU with the Karnataka Digital Economy Mission (KDEM) to offer collateral-free loans to start-ups in Karnataka?
1) YES Bank
2) Axis Bank
3) HDFC Bank
4) State Bank of India
5) ICICI Bank
Answer & Explanation
Answer-4) State Bank of India
Explanation:
The Karnataka Digital Economy Mission (KDEM) has signed an MoU with State Bank of India (SBI) to support the start-up ecosystem of Karnataka.
i. The MoU will further allow SBI and KDEM to participate in cluster funds under Karnataka Information Technology Venture Capital Fund (KITVEN), which has focused on long term investment in seed or rapid growth opportunities within Karnataka.
ii. As per the MoU, SBI will utilise the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) scheme to provide loan up to Rs.2 crore loan without collateral recognised under KDEM’s Elevate programme, that support around 1000 start-ups.
- Which bank recently (in July’22) signed an MoU with the Indian Air Force (IAF) to manage the salary accounts of the defence personnel?
1) HDFC Bank
2) YES Bank
3) ICICI Bank
4) IndusInd Bank
5) Axis Bank
Answer & Explanation
Answer-5) Axis Bank
Explanation:
Private sector lender Axis Bank signed an MoU with the Indian Air Force (IAF) to manage salary accounts of the defense personnel under its ‘Power Salute’ initiative.
i. Under the MoU, the bank will offer benefits to all ranks of Indian Air Force personnel including the veterans, cadets/recruits It includes a personal accident cover of up to Rs 56 lakh, total permanent disability cover benefit of Rs 46 lakh, air accident covers of Rs 1 crore among others.
ii. There will be no processing fee to open the account, while as many as 12 EMI waivers will be given on home loans and it will also offer additional zero balance accounts for 3 family members with no charges.
- Name the insurance company that was recently (in July ’22) signed an agreement with City Union Bank for the distribution of insurance products.
1) Bajaj Allianz General Insurance
2) Kotak Mahindra General Insurance
3) Shriram General Insurance
4) Edelweiss General Insurance
5) SBI General Insurance
Answer & Explanation
Answer-3) Shriram General Insurance
Explanation:
City Union Bank signed a corporate agency agreement with Shriram General Insurance Company for the distribution of the insurance products through the Bank’s network across India.
i. Under the agreement, Shriram General Insurance would offer both personal lines of insurance products (motor, personal accident, home and travel) and commercial lines of insurance products (property, marine and engineering insurance) to the Bank’s customers.
- José Eduardo Dos Santos recently (in July’22) passed away. He is the former president of which country?
1) Sudan
2) Uganda
3) Tanzania
4) Angola
5) Nigeria
Answer & Explanation
Answer-4) Angola
Explanation:
Angola’s former and one of the longest serving president José Eduardo Dos Santos passed away in Barcelona, Spain at the age of 79 years.
i. José Eduardo Dos Santos served as the President of Angola from 1979 to 2017. In 2017, he was replaced by João Lourenço(the incumbent President of Angola).
ii. Angola became sub-Saharan Africa’s second-largest oil producer after Nigeria, producing close to 2 million barrels per day and it also unearthed more than USD 1 billion worth of diamonds each year.
- In July 2022, the Ministry of Health & Family Welfare signed an MoU with ____________ to eradicate tuberculosis (TB) in India by ________.
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