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Current Affairs Quiz: 13 & 14 March 2022

AffairsCloud brings you the complete and important daily Current Affairs 13 & 14 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 13 & 14 March 2022

  1. Union Minister of Home Affairs, Amit Shah addressed the _______ Foundation Day celebrations of the National Crime Records Bureau (NCRB) on __________.
    1) 35th; 12th March 2022
    2) 37th; 11th March 2022
    3) 38th; 13th March 2022
    4) 37th; 9th March 2022
    5) 38th; 12th March 2022
    Answer & Explanation
    Answer-2) 37th; 11th March 2022
    Explanation:
    On 11th March 2022, Amit Shah, Union Minister of Home Affairs addressed the 37th Foundation Day (Raising Day) celebrations of the National Crime Records Bureau (NCRB) as the chief guest in New Delhi, Delhi. He is the first Union Home Minister to attend a Foundation Day function of the NCRB.
    i. NCRB was set up in 1986 based on the recommendations of the Tandon Committee, National Police Commission (1977-1981) and the Ministry of Home Affairs (MHA)’s Taskforce (1985) it was established through MHA Resolution dated 11th March 1986.
    ii. He also stated that the target of the second phase of the Inter-operable Criminal Justice System (ICJS) has been set by the Government of India, with an expenditure of about Rs. 3,500 crore by the year 2026.

  2. As per the National Family Health Survey (NFHS)-5, _______ became the top state in the list of full immunization with 90.5 per cent coverage under Mission Indradhanush.
    1) Madhya Pradesh
    2) Uttar Pradesh
    3) Maharashtra
    4) Gujarat
    5) Odisha
    Answer & Explanation
    Answer-5) Odisha
    Explanation:
    According to the National Family Health Survey (NFHS)-5, Odisha became the top state in the list of full immunization in India with 90.5 per cent coverage under Mission Indradhanush.
    i. Intensified Mission Indradhanush 4.0 (IMI) was rolled out on 7 March 2022, in Odisha to provide preventive health care for mothers and children and for boosting full immunization coverage.

  3. Which company recently (in March’22) became the 1st Prepaid Payment Instrument (PPI) issuer to Achieve RBI’s PPI Interoperability Guidelines?
    1) Appnit Technologies
    2) LivQuik
    3) E-Meditek
    4) Card Pro Solutions
    5) Kedia Infotech
    Answer & Explanation
    Answer- 2) LivQuik
    Explanation:
    LivQuik becomes the first Prepaid Payment Instrument (PPI) issuer to have achieved full interoperability as mandated by the Reserve Bank of India (RBI) for their PPIs.
    i. RBI, in exercise of the powers conferred under Section 18 read with Section 10(2) of the Payment and Settlement Systems Act, 2007 (PSS Act) mandated all PPI Issuers to facilitate interoperability for full-KYC wallets by March 31, 2022.
    About LivQuik:
    Founded in 2012, LivQuik is a RBI authorized Prepaid Payment Instrument Issuer and Full-Fledged Money Changer (FFMC).
    Co-Founder & CEO– Mohit Lalvani (Other Co-Founder- Yudhajit Nag Sen)
    Headquarters– Mumbai, Maharashtra

  4. At what percent the Employees’ Provident Fund Organization (EPFO) has recently (in March’22) set the interest rate on Provident Fund Deposits for 2021-22?
    1) 8.4%
    2) 8.1%
    3) 8.3%
    4) 8.5%
    5) 8.2%
    Answer & Explanation
    Answer-2) 8.1%
    Explanation:
    The Employees’ Provident Fund Organization (EPFO) has set the interest rate on Provident Fund Deposits for 2021-22 at 8.1%, up from 8.5% in the previous fiscal year 2020-21.
    i. This decision was taken by the Central Board of Trustees (CBT), the apex decision-making body of the EPFO, and will be sent to the Ministry of Finance for consensus.
    ii. The EPF interest rate stood at 8 per cent in 1977-78, and this 8.1% is the lowest it has been in more than four decades.
    iii. This interest rate was set by the retirement fund body for its approximately 50 million subscribers for the current fiscal year ending March 31.

  5. Which organization recently (in March’22) launched India’s first primary markets investment platform named ‘OneUp’?
    1) National Securities Depository Ltd
    2) Reserve Bank of India
    3) Insurance Regulatory and Development Authority
    4) Securities and Exchange Board of India
    5) IIFL Securities Ltd
    Answer & Explanation
    Answer-5) IIFL Securities Ltd
    Explanation:
    IIFL Securities Limited (Formerly India Infoline Limited) launched India’s first primary markets investment platform, ‘OneUp’ for investing in initial public offerings (IPOs), non-convertible debentures (NCDs) and sovereign gold bonds (SGBs), among others.
    i. The IPO functions are accepted 24×7 and as much as three days earlier than the IPO bidding opens. The online orders are not limited to Rs 2 lakh only.

  6. Which organisation was recently (in March ’22) ranked 124th in Fortune India’s The Next 500 2022 of top midsize companies operating in India?
    1) Mahanagar Telephone Nigam Limited
    2) RailTel Corporation of India
    3) Telecom Regulatory Authority of India
    4) Indian Railway Catering and Tourism Corporation
    5) Bharat Sanchar Nigam Limited
    Answer & Explanation
    Answer-2) RailTel Corporation of India
    Explanation:
    RailTel Corporation of India Limited (RailTel), owned by the Indian Railways, Ministry of Railways, has ranked 124th in the Fortune India The Next 500 (2022 edition) of top midsize companies operating in India. It is the only Telecom Public Sector Undertakings (PSU) of the Government of India(GoI) on the list.
    i. This Fortune India The Next 500 is published annually by Fortune India English Monthly magazine.
    ii. Apart from RailTel, Indian Railway Catering and Tourism Corporation(IRCTC) (ranked 309) is the only Railway PSU featured on the list.
    iii. A total of 10 GoI companies (including RailTel) are featured on the list.

  7. Name the Ministry that recently (in March’22) presented the Swachhta Pakhwada Awards and launched ‘Indian Petroleum & Natural Gas Statistics 2020-21’.
    1) Ministry of Commerce and Industry
    2) Ministry of Home Affairs
    3) Ministry of Finance
    4) Ministry of Statistics and Programme Implementation
    5) Ministry of Petroleum and Natural Gas
    Answer & Explanation
    Answer-5) Ministry of Petroleum and Natural Gas
    Explanation:
    Union Minister Hardeep Singh Puri, Ministry of Petroleum and Natural Gas (MoPNG) presented the MoPNG Swachhta Pakhwada Awards to the winners and launched ‘Indian Petroleum & Natural Gas Statistics 2020-21’.
    i. ‘Indian Petroleum & Natural Gas Statistics’ is the annual publication of the Ministry of Petroleum and Natural Gas which gives an overall picture of India’s petroleum & Gas sector. The publication includes data on production, refining, transport and marketing, imports, and exports of crude oil and petroleum products.
    ii. “Swachhta Pakhwada Awards” have been initiated for outstanding performance in the celebration. Based on their performance, IOCL was ranked first, ONGC second and HPCL placed third.

  8. Who was recently (in March’22) appointed as the Chairman of Insurance Regulatory Development Authority of India (IRDAI) for 3years?
    1) Debasish Panda
    2) Siddharth Singh
    3) Subhash Chandra Khuntia
    4) V S Narendra Chandra
    5) Bhaskar Roy
    Answer & Explanation
    Answer-1) Debasish Panda
    Explanation:
    The government appointed Debasish Panda as the Chairman of Insurance Regulatory Development Authority of India (IRDAI). He will serve for the tenure for three years (2022-2025). Debasish Panda will succeed Subhash Chandra Khuntia, who completed his term in May 2021.
    i. The appointment was approved by the Appointments Committee of the Cabinet (ACC).
    About Insurance Regulatory Development Authority of India (IRDAI):
    It is a statutory organization established by the Insurance Regulatory and Development Authority Act, 1999.
    Founded- 1999
    Headquarters– Hyderabad

  9. In March 2022, _________ acquired a ______ stake in National Asset Reconstruction Company Limited (NARCL) for a total cash consideration of Rs 137.5 crore in tranches.
    1) Indian Bank; 5%
    2) ICICI Bank; 6%
    3) IDBI Bank; 4%
    4) ICICI Bank; 5%
    5) IDBI Bank; 3%
    Answer & Explanation
    Answer-4) ICICI Bank; 5%
    Explanation:
    ICICI Bank is set to acquire a 5% stake in National Asset Reconstruction Company Limited (NARCL) for a total cash consideration of up to Rs 137.5 crore in tranches.
    i. The equity investment will be in tranches with the 1st tranche of equity investment of Rs 70.45 crore. This is expected to be completed by 31st March 2022.
    About ICICI Bank:
    MD & CEO– Sandeep Bakhshi
    Headquarters– Mumbai, Maharashtra
    Tagline– Khayaal Aapka

  10. The World Glaucoma Week (WGW) was observed across the globe on _______ with the theme of “The world is bright, save your sight”.
    1) 4th to 10th March 2022
    2) 6th to 12th March 2022
    3) 7th to 13th March 2022
    4) 5th to 11th March 2022
    5) 3rd to 9th March 2022
    Answer & Explanation
    Answer-2) 6th to 12th March 2022
    Explanation:
    World Glaucoma Day is annually observed across the globe on 12th March to create awareness about Glaucoma, the one of the most common causes of irreversible blindness.
    i. World Glaucoma Week (WGW) 2022 is celebrated from 6th to 12th March 2022 with the theme of “The world is bright, save your sight”.
    ii. WGW, a global initiative of the World Glaucoma Association (WGA) and World Glaucoma Patient Association is also annually observed to create awareness about Glaucoma.





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