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Current Affairs Quiz: 11 May 2022

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

    1. Which of the following points are ‘correct’ with respect to the ‘Vital Statistics of India Based on the Civil Registration System (CRS) 2020’ released by Office of the Registrar General in May 2022?
      A) The number of registered births has decreased from 2.48 crore in 2019 to 2.42 crore in the year 2020.
      B) The number of registered deaths has increased from 76.4 lakh in 2019 to 81.2 lakhs in 2020.
      C) Bihar has the maximum increase in the death rate with 18.3% followed by Maharashtra.

      1) Only A
      2) Only B
      3) Only A & B
      4) Only B & C
      5) All A, B & C
      Answer-5) All A, B & C
      Explanation:
      The Office of the Registrar General under the Ministry Of Home Affairs (MHA) has released its annual report namely ‘Vital Statistics of India Based on the Civil Registration System (CRS) 2020′ (1st January 2020 to 31st December 2020).
      i. The number of registered births has decreased from 2.48 crore in 2019 to 2.42 crore in the year 2020 and the number of registered deaths has increased from 76.4 lakh in 2019 to 81.2 lakhs in 2020.
      ii. Bihar has the maximum increase in the death rate with 18.3% followed by Maharashtra with 16.6% and Assam with 14.7%.
      iii. Lakshadweep recorded the maximum change in the birth rate of 14.3% followed by Haryana with 11.7% and Bihar with 8.4%.

    2. The world’s longest glass bottom bridge is located in which country?
      1) Vietnam
      2) Thailand
      3) China
      4) Japan
      5) Malaysia
      Answer-1) Vietnam
      Explanation:
      The World’s Longest Glass Bottom Bridge was opened in Moc Chau district of the country’s Son La province, Vietnam. It is called Vietnam’s Bach Long pedestrian bridge, which means ‘white dragon’ in Vietnamese.
      i. The Bridge is 632m (2,073ft) long and located 150m (492ft) above a huge jungle. It surpasses a 526m Glass Bottom Bridge in Guangdong, China and can support up to 450 people at a time and the floor of the bridge’s floor is made of three layers of French-produced tempered glass, each about 1.5 inches thick.

    3. The LIC IPO was subscribed 2.95 times (as of 9th May’22) on the final day of Offer for sale (OFS) and the Indian government raised about 21, 000 crore.
      With this IPO, the government has diluted its ____ stake in LIC through the OFS.

      1) 4.9%
      2) 5.2%
      3) 3.1%
      4) 4.2%
      5) 3.5%
      Answer-5) 3.5%
      Explanation:
      An initial public offering (IPO) of Life Insurance Corporation (LIC), India’s biggest public offer, was subscribed 2.95 times on the last day of offer period i.e. on May 9, 2022. This will help the government to raise about Rs 21,000 crore.
      i. Notably, against 16,20,78,067 shares on offer, 47,83,25,760 bids were received.
      ii. With this IPO, the government has diluted its 3.5% stake in LIC through the Offer for Sale (OFS).
      iii. LIC had fixed the price band at Rs 902-949 per equity share for the issue. The retail investors and eligible employees will get a discount of Rs 45 per equity share, while policyholders will get a discount of Rs 60 per share.

    4. Name the bank that recently (in May’22) launched Industry’s 1st digital 30-minute ‘Xpress Car Loans’.
      1) Axis Bank
      2) HDFC Bank
      3) Kotak Mahindra Bank
      4) YES Bank
      5) ICICI Bank
      Answer-2) HDFC Bank
      Explanation:
      HDFC Bank, a private sector lender, has introduced 30-minute ‘Xpress Car Loans’, an end-to-end digital new car loan solution for both existing and non customers. The bank has integrated its lending application with automobile dealers throughout India.
      i. It is the industry’s first automotive lending experience, and it is expected to change the way automobile financing is done in India.

    5. As per the NPCI, Unified Payments Interface (UPI) has recorded ______ transactions of Rs 9.83 trillion in April 2022.
      1) 2.98 billion
      2) 6.23 billion
      3) 3.27 billion
      4) 5.58 billion
      5) 4.87 billion
      Answer-4) 5.58 billion
      Explanation:
      According to the National Payments Corporation of India (NPCI), Unified Payments Interface (UPI), India’s flagship digital payments platform, has recorded 5.58 billion(bn) transactions worth Rs 9.83 trillion in April 2022. This is the highest ever number of transactions recorded by UPI.
      i. The monthly UPI recorded a 3.33 % increase in transaction volume from 5.4 billion transactions worth Rs 9.6 trillion in March 2022.

    6. In May 2022, Larsen & Toubro Infotech (LTI) and Mindtree Amalgamated to form a new entity called ‘LTIMindtree’.
      The ‘LTIMindtree’ will be led by whom?

      1) Venu Lambu
      2) S N Subrahmanyan
      3) Debashis Chatterjee
      4) Sanjay Jalona
      5) R. Shankar Raman
      Answer-3) Debashis Chatterjee
      Explanation:
      The Boards of Directors of Larsen & Toubro Infotech (LTI) and Mindtree approved the amalgamation of both these independently listed IT (Information Technology) services companies under the Larsen & Toubro (L&T) Group.
      i. The newly formed entity will be called ‘LTIMindtree’, and will be led by Debashis Chatterjee, Current Chief Executive Officer (CEO) & Managing Director (MD) of Mindtree.
      ii. After merger, LTI promoters will have a 43.9% while Mindtree promoters will have a 24.8% stake in the combined entity, while L&T Limited will hold 68.73 % of LTI.

    7. Which Aerospace company from Bengaluru was recently (in May’22) tested ‘India’s 1st high-performance green propulsion system’ for satellites?
      1) Ananth Technologies
      2) AgniKul Cosmos
      3) Pixxel
      4) Dhruva Space
      5) Bellatrix Aerospace
      Answer-5) Bellatrix Aerospace
      Explanation:
      Bengaluru-based Bellatrix Aerospace has tested India’s first high-performance green propulsion system for satellites that cuts a new path from the conventional hydrazine-dependent fuel systems and offers a potential 20% jump in fuel efficiency for space satellites
      New Green Propulsion
      i. This green propellant has significantly reduced toxicity compared to hydrazine, making it safer to store and handle.
      ii. Creates new fuel which is eco-friendly and which is also a non-hydrazine based fuel.

    8. Padma Awardee ‘Pandit Shiv Kumar Sharma’ recently (in May’22) passed away, who specialised in ________ musical instrument.
      1) Gubguba
      2) Santoor
      3) Yazh
      4) Sursingar
      5) Kuzhal
      Answer-2) Santoor
      Explanation:
      Legendary musician and santoor player and Padma Awardee Pandit Shiv Kumar Sharma has passed away in Mumbai, Maharashtra.
      i. The government of India has honoured him with Padma Shri in 1991 and Padma Vibhushan, India’s second-highest civilian award, in 2001, for his contribution in the field of Arts.
      ii. Autobiography by : Journey with a Hundred Strings: My Life in Music (2002).

    9. Who authored the book, “The Struggle for Police Reforms in India: Ruler’s Police to People’s Police” that was released by M. Venkaiah Naidu, Vice President (VP) of India?
      1) Anami Narayan Roy
      2) Ajit Pai
      3) Sudhir Pratap Singh
      4) Prakash Singh
      5) AP Maheshwari
      Answer-4) Prakash Singh
      Explanation:
      Vice President (VP) of India, M Venkaiah Naidu, released a book titled “The Struggle for Police Reforms in India: Ruler’s Police to People’s Police” authored by a former IPS officer, Prakash Singh in New Delhi, Delhi.
      i. The book is published by Rupa Publications India Pvt Ltd.
      ii. Prakash Singh is the Chairman of the Indian Police Foundation(IPF) and Government of India honoured him with Padma Shri in 1991 for Civil Service.

    10. The 2nd International Day of Argania 2022 that was observed across the globe by the UN on_______ with the theme of ‘The argan tree, Symbol of Resilience’.
      1) 7th May 2022
      2) 10th May 2022
      3) 8th May 2022
      4) 11th May 2022
      5) 9th May 2022
      Answer-2) 10th May 2022
      Explanation:
      The 2nd International Day of Argania 2022 was observed across the globe by the United Nations on 10th May 2022 with the theme of “The argan tree, Symbol of Resilience”.
      i. The day was observed to create awareness about the importance of Argan Tree (Argania spinosa), the native species of Morocco, in achieving the 3 dimensions of sustainable development (economic, social and environmental0 at the local level.
      ii. The argan tree is the defining species of a woodland ecosystem, also known as Arganeraie, is resilient to a harsh environment under water scarcity, risk of erosion and poor soils.