Current Affairs Quiz: 11 March 2022

AffairsCloud brings you the complete and important daily Current Affairs 11 March 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.

Our Current Affairs March 2022 events will help you to get more marks in Banking, Insurance, SSC, Railways, UPSC, CLAT and all State Government Exams. Also, try our Current Affairs Quiz.

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Top 10 Questions Based on Current Affairs 11 March 2022

1. Which of the following points is “Incorrect” with respect to the Cabinet Approvals in March 2022?
   1) The Union Cabinet has approved the MoU signed between the ICMR and DFG, Germany to enable cooperation in scientific research and technological development.
   2) The Union Cabinet approved the MoU signed between ICMR and the Oxford University, UK which aims towards capacity building for Indian scientists and researchers
   3) GOI and World Bank signed an agreement to set up the World’s 1st & Only Global Outposted Centre for Traditional Medicine in New Delhi, Delhi.
   4) Cabinet also approved the setting up National Land Monetization Corporation as a Special Purpose Vehicle to undertake monetization of surplus land Monetization.
   5) The Cabinet approved the amendment of the Second Schedule to the Mines and Minerals (Development and Regulation) Act, 1957 for specifying the rate of royalty in certain minerals.

   Answer & Explanation

   Answer-3) GOI and World Bank signed an agreement to set up the World’s 1st & Only Global Outposted Centre for Traditional Medicine in New Delhi, Delhi.
   Explanation:
   The Union Cabinet has approved the MoU signed between the ICMR and DFG, Germany to enable cooperation in scientific research and technological development.
   • The Union Cabinet approved the MoU signed between ICMR and the Oxford University, UK which aims towards capacity building for Indian scientists and researchers
   • GOI and WHO-Global Centre for Traditional Medicine signed an agreement to set up World’s 1st & Only Global Outposted Centre for Traditional Medicine in Jamnagar, Gujarat.
   • Cabinet also approved to set up National Land Monetization Corporation as a Special Purpose Vehicle to undertake monetization of surplus land Monetization.
   • The Cabinet approved the amendment of the Second Schedule to the Mines and Minerals (Development and Regulation) Act, 1957 for specifying the rate of royalty in certain minerals.
   • The Union Cabinet also approved the MoU signed between ICMR, and US National Institute of Allergy and Infectious Diseases (NIAID) & National Institute of Health (NIH) of Department of Health and Human Services, Maryland in September 2021.
   
   
2. As per the Mercom India Rooftop Solar Market Report Q4 & Annual 2021 report, India set a record for the installation of ______ of rooftop solar capacity in 2021 and ______ became the leading state for cumulative rooftop solar installations.
   1) 1,700 MW; Gujarat
   2) 1,200 MW; Rajasthan
   3) 1, 400 MW; Maharashtra
   4) 1,700 MW; Rajasthan
   5) 1,200 MW; Gujarat

   Answer & Explanation

   Answer-1) 1,700 MW; Gujarat
   Explanation:
   According to a Mercom India Research report title” Mercom India Rooftop Solar Market Report Q4 and Annual 2021″, India set a new record of installing 1,700 megawatt (MW) of rooftop solar capacity in 2021, registering a 138 % rise annual basis compared to 719 MW of rooftop solar capacity in 2020.
   i. The record 1.7 GW of rooftop solar capacity in 2021 is the highest ever in a year.
   ii. Gujarat with 27% share, was the leading state for cumulative rooftop solar installations followed by Maharashtra (14%) and Rajasthan (10%).
   
   
3. Which of the following points are correct with respect to the Democracy Report 2022 by V-Dem (Varieties of Democracy) Institute?
   1) India secured 89th rank in the Liberal Democracy Index (LDI) out of 200 countries while New Zealand Tops the Index.
   2) India is one of the top ten ‘autocratisers’ in the world, which indicates that India is autocratic rather than a democracy.
   3) In South Asia, India is ranked below Sri Lanka, Nepal, and Bhutan but India is ranked above Pakistan in the LDI.
   4) Both 1 & 2
   5) Both 2 & 3

   Answer & Explanation

   Answer-5) Both 2 & 3
   Explanation:
   India secured 93rd rank in the Liberal Democracy Index (LDI) out of 179 countries while Sweden Tops the Index.
   i. India is one of the top ten ‘autocratisers’ in the world, which indicates that India is autocratic rather than a democracy.
   ii. In South Asia, India is ranked below Sri Lanka, Nepal, and Bhutan but India ranked above Pakistan in the LDI.
   
   
4. Which of the following financial institutes recently (in March’22) became 5th All India Financial Institution (AIFI) under the Sections 45L and 45N of RBI Act, 1934?
   1) National Bank for Agriculture and Rural Development
   2) Export Import (EXIM) Bank
   3) National Bank for Financing Infrastructure and Development
   4) Small Industries Development Bank of India
   5) Securities and Exchange Board of India

   Answer & Explanation

   Answer-3) National Bank for Financing Infrastructure and Development
   Explanation:
   The RBI announced that National Bank for Financing Infrastructure and Development (NaBFID) will be regulated and supervised as an All India Financial Institution (AIFI) by it under the Sections 45L and 45N of Reserve Bank of India (RBI) Act, 1934.
   i. NaBFID has been set up as a Development Financial Institution (DFI) to support the development of long-term infrastructure financing in India.
   ii. It shall be the 5th AIFI after Export Import (EXIM) Bank, National Bank for Agriculture and Rural Development (NABARD), National Housing Bank (NHB) and Small Industries Development Bank of India (SIDBI).
   
   
5. Which organization recently (in March’22) signed an MoU with the Bhartiya Swarnkar Sangh (BSS) and Jamshedpur Jewellers Association (JJA) to promote commodities derivatives trade and EGR markets?
   1) Bombay Stock Exchange
   2) National Stock Exchange
   3) India International Exchange
   4) Gold Stock Exchange
   5) Central Depository Services

   Answer & Explanation

   Answer-1) Bombay Stock Exchange
   Explanation:
   The BSE (formerly Bombay Stock Exchange) has signed an MoU with the Bhartiya Swarnkar Sangh (BSS) and Jamshedpur Jewellers Association (JJA) for the strengthening of commodities derivatives trade and proposed Electronic Gold Receipt (EGR) markets in India.
   i. This pact with BSE will help members of both entities to mitigate price risks of gold in both domestic and international zones
   
   
6. Who recently (in March’22) became the new president of South Korea?
   1) Yoon Suk-yeol
   2) Lee Jae-myung
   3) Moon Jae-in
   4) Kim Jae-yeon
   5) Oh Jun-ho

   Answer & Explanation

   Answer-1) Yoon Suk-yeol
   Explanation:
   The leader of People Power Party (conservative party), Yoon Suk-yeol won the presidential election 2022 of South Korea. He succeeded Moon Jae-in, previous President of South Korea. He is scheduled to assume office as president on May 10, 2022.
   i. Yoon Suk-yeol is a South Korean politician, former public prosecutor and lawyer. He served as Prosecutor General of South Korea in 2019- 2021 under the tenure of President Moon Jae-in.
   
   
7. Name the Indian Cricketer who was recently (in March’22) appointed as the “brand ambassador” of D2H.
   1) Shreyas Iyer
   2) Rohit Sharma
   3) KL Rahul
   4) Rishabh Pant
   5) Ravichandran Ashwin

   Answer & Explanation

   Answer-4) Rishabh Pant
   Explanation:
   D2H, a Direct-to-Home (DTH) brand of Dish TV India Limited has signed Indian cricketer Rishabh Pant as its new brand ambassador. As the brand ambassador, he will feature in the 360-degree brand communication for the next 2 years.
   i. Dish TV India Limited is a DTH company with brands like Dish TV, Zing and D2H under its ownership.
   ii. Shah Rukh Khan is the brand ambassador of the parent company Dish TV India Limited.
   
   
8. Who recently (in March’22) became the 23rd Woman Grandmaster (WGM) of India?
   1) Subbaraman Vijayalakshmi
   2) Priyanka Nutakki
   3) Vantika Agrawal
   4) Sakshi Chitlange
   5) Divya Deshmukh

   Answer & Explanation

   Answer-2) Priyanka Nutakki
   Explanation:
   Priyanka Nutakki secured her final WGM-norm at the MPL 47th National Women Chess Championship 2022, held in Bhubaneshwar, Odisha.
   She scored 7.0/9, performed at 2348 to become the 23rd Woman Grandmaster (WGM) of India and got placed third in the tournament.
   Woman Grandmaster (WGM) title: WGM is an International Chess Federation (FIDE) title and will be provided to women players. It is above Women International Masters (WIM), and Woman FIDE Master (WFM).
   
   
9. Which state’s CM 12 books were recently (in March’22) published during the 45th International Kolkata Book Fair (IKBF), West Bengal?
   1) Assam
   2) West Bengal
   3) Punjab
   4) Tamil Nadu
   5) Kerala

   Answer & Explanation

   Answer-2) West Bengal
   Explanation:
   Twelve books penned by Mamata Banerjee, CM of West Bengal, have been published during the 45th International Kolkata Book Fair (IKBF) at the Central Park Mela ground, Bidhannagar, at Salt Lake, Kolkata, West Bengal.
   i. The 45th IKBF was inaugurated by CM Mamata Banerjee on 28th February 2022, and the fair will run till 13th March 2022.
   
   
10. The 1st-ever International Day of Women Judges was observed across the globe by the UN on __________.
    1) 8th March, 2022
    2) 9th March, 2022
    3) 7th March, 2022
    4) 10th March, 2022
    5) 6th March, 2022

    Answer & Explanation

    Answer-4) 10th March, 2022
    Explanation:
    The United Nations (UN) celebrates the first-ever annual observance of the International Day of Women Judges on 10th March 2022 to promote the full and equal participation of women at all levels of the judiciary.
    i. The United Nations General Assembly (UNGA) adopted the resolution on 28 April 2021 and proclaimed the 10th March of every year as the International Day of Women Judges and the resolution was drafted by the State of Qatar.
    ii. The Supreme Court of India commemorated the first-ever International Day of Women Judges with special programmes organized by the Supreme Court Registry.