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Current Affairs Quiz: 14 , 15 & 16 August 2022

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 14 , 15 & 16 August 2022  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 June 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. As per the Ministry of Finance, Income Tax Payers Will Not be allowed to enroll in Atal Pension Yojana (APY) Scheme from _________.
      1) 1st January 2023
      2) 1st December 2022
      3) 1st October 2022
      4) 1st November 2022
      5) 1st September 2022
      Answer-3) 1st October 2022
      Explanation:
      As per the Ministry of Finance notification, those who pay income tax will not be allowed to enroll in the Government’s Social Security Scheme Atal Pension Yojana (APY) from October 1, 2022.
      i. This decision has been taken to ensure better targeting of pension benefits to underserved sections of the population.
      ii. In case a subscriber, who joined on or after October 1, 2022, is found to have been an income tax payer on or before the date of application, the APY account will be closed and the accumulated pension wealth till date would be given to the subscriber.
      iii. It should be noted that, people having taxable income of up to Rs 2.5 lakh are not required to pay income tax.

    2. In August 2022, the Agasthyamalai Elephant Reserve became _______ Elephant Reserve in Tamil Nadu.
      1) 6th
      2) 4th
      3) 2nd
      4) 5th
      5) 3rd
      Answer-4) 5th
      Explanation:
      The government of Tamil Nadu notified Agasthyamalai Elephant Reserve as its 5th Elephant Reserve with a total area of 1,19,748.26 hectares at Agasthyamalai in Tirunelveli and Kanyakumari district on the occasion of World Elephant Day 2022 (12 August). Elephants play a critical role in balancing forest ecosystems.
      i. The KMTR (Kalakkad Mundanthurai Tiger Reserve) field director will be the field coordinator of the new elephant reserve.
      ii. On July 13, 2022 The Government of India (GoI) conveyed its consent for the creation of the 31st elephant reserve in Tamil Nadu for the purpose of elephant conservation.
      Other 4 Elephant Reserves in Tamil Nadu:
      Nilgiri Elephant Reserve, Nilambur Elephant Reserve, Periyar Elephant Reserve (Srivilliputhur Elephant Reserve) and Anamalai Elephant Reserve.

    3. As per the Index of Industrial Production (IIP) data released (in Aug ’22) by the National Statistical Office (NSO), retail inflation softened to _______ in July 2022 due to moderation in food prices.
      1) 3.67%
      2) 2.15%
      3) 8.19%
      4) 4.89%
      5) 6.71%
      Answer-5) 6.71%
      Explanation:
      According to the Index of Industrial Production (IIP) data released by the National Statistical Office (NSO), Ministry of Statistics and Program Implementation (MoSPI), Retail inflation softened to 6.71% in July 2022 due to moderation in food prices.
      i. However, it remained above the Reserve Bank of India’s (RBI) comfort level of 6% for the 7th consecutive month.
      ii. The Consumer Price Index (CPI) based retail inflation was at 7.01% in June 2022 and 5.59% in July 2021. It was above 7% from April to June FY22.
      iii. India’s exports rose by 2.14 per cent to USD 36.27 billion in July while the trade deficit almost tripled to USD 30 billion during the month due to over 70 per cent rise in crude oil imports.

    4. Which Indian freedom fighter’s south London home was recently (in Aug ‘22) got honoured with a commemorative Blue Plaque?
      1) Motilal Nehru
      2) Surendranath Banerjee
      3) Dadabhai Naoroji
      4) Lala Lajpat Rai
      5) Gopal Krishna Gokhale
      Answer-3) Dadabhai Naoroji
      Explanation:
      The south London home at 72 Anerley Park, Penge, London, United Kingdom (UK), where Dadabhai Naoroji, a prominent member of the Indian freedom struggle and Britain’s first Indian parliamentarian, lived for around 8 years at the end of the 19th century, was honoured with a commemorative Blue Plaque.
      i. The Blue Plaque scheme, run by the English Heritage charity, honors the historic significance of particular buildings across London.
      ii. That red-brick home now has a plaque which reads: “Dadabhai Naoroji 1825-1917 Indian Nationalist and MP lived here”.

    5. Which company recently (in Aug ‘22) became the 1st Indian company to be named in the 2022 Forbes Cloud 100 List of the top 100 Private Cloud Companies in the world?
      1) Ciphercloud
      2) Wipro Limited
      3) Infosys
      4) Razorpay Software
      5) Tata Consultancy Services
      Answer-4) Razorpay Software
      Explanation:
      Razorpay Software Private Limited, India’s leading full-stack Payments and Banking Platform for Businesses, has become the 1st Indian company to be named in the 2022 Forbes Cloud 100 List of the top 100 private cloud companies in the world.
      i. Razorpay has entered the Forbes list for the 2nd time and the rank has been listed at the 49th position for being a Financial Solutions Software.
      ii. In 2021, Razorpay had ranked 57th position in the Forbes list.

    6. The Abu Dhabi Investment Authority (ADIA) is set to invest ________ in Aditya Birla Health Insurance Company Limited (ABHICL) for a 9.99% stake value.
      1) Rs 289 crore
      2) Rs 529 crore
      3) Rs 328 crore
      4) Rs 665 crore
      5) Rs 416 crore
      Answer- 4) Rs 665 crore
      Explanation:
      Abu Dhabi Investment Authority (ADIA) will invest Rs 665 crore in Aditya Birla Health Insurance Company Limited (ABHICL) for a 9.99% stake value.
      i. This transaction has been approved by the board of directors of Aditya Birla Capital Limited (ABCL), the holding company for financial services of the aluminum to telecom conglomerate.
      About Aditya Birla Health Insurance Company Limited (ABHICL):
      CEO & Whole time Director – Mayank Bathwal
      Establishment – 2016

    7. When was the first National Javelin Day celebrated across India to commemorate Neeraj Chopra’s gold medal at the 2020 Tokyo Olympics?
      1) 3rd August2022
      2) 5th August2022
      3) 7th August2022
      4) 4th August2022
      5) 6th August2022
      Answer- 3) 7th August2022
      Explanation:
      The Athletics Federation of India (AFI) celebrated 7th August as the National Javelin Day across India to commemorate Neeraj Chopra’s 2020 Tokyo Olympic gold medal.
      i. On 7th August 2021, Neeraj Chopra won the 2020 Tokyo Olympic Games in track and field and became the 1st athlete to win an Olympic gold medal in men’s javelin throw.
      ii. The 7th August2022 was the first National Javelin Day and the AFI decided to celebrate this day every year from 2022.
      iii. Neeraj Chopra is the 2nd Indian to win an individual Olympic gold medal after Abhinav Bindra (Shooter), who won gold medal in 2008 Beijing Olympic Games.

    8. Which state will host the 2nd edition of the North East Olympics 2022 from October 30th to November 6th, 2022?
      1) Mizoram
      2) Manipur
      3) Arunachal Pradesh
      4) Meghalaya
      5) Assam
      Answer- 4) Meghalaya
      Explanation:
      Meghalaya will host the 2nd edition of the North East Olympics 2022 in Shillong, from October 30, 2022, to November 06, 2022. This edition has taken on a special significance as 2022 marks the 50th anniversary of Meghalaya becoming a state.
      i. Around 4,000 athletes from eight North Eastern states—Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, and Tripura—will compete in the second NorthEast Olympics 2022.
      ii. The participants will compete in 18 different disciplines at 13 different locations across Shillong.

    9. Which institute recently (in Aug ‘22) collaborated with the All India Council for Technical Education (AICTE) to provide solutions to North-East India?
      1) IIT Kharagpur
      2) IIT Jodhpur
      3) IIT Roorkee
      4) IIT Madras
      5) IIT Guwahati
      Answer-5) IIT Guwahati
      Explanation:
      The Indian Institute of Technology (IIT) Guwahati, Assam, has collaborated with the All India Council for Technical Education (AICTE) to provide solutions to problems of accessing water, electricity and internet for the AICTE-affiliated technical institutions in North-East India.
      i. The first-of-its-kind project was launched under the ‘Grant for Augmenting Infrastructure in the North Eastern Region,’ which provides assistance to improve the functional efficiency of technical institutions in remote areas.

    10. Indian Cricketer Rishabh Pant was recently (in Aug ‘22) appointed as the brand ambassador of which state?
      1) Haryana
      2) Chhattisgarh
      3) Uttarakhand
      4) Jharkhand
      5) Uttar Pradesh
      Answer-3) Uttarakhand
      Explanation:
      Uttarakhand Chief Minister (CM) Pushkar Singh Dhami has named cricketer Rishabh Pant as the brand ambassador of Uttarakhand, who would inspire youth in the field of sports. Special Principal Secretary Abhinav Kumar was also present on the occasion.
      i. Rishabh Pant, wicketkeeper-batter was born in Roorkee, Haridwar district of Uttarakhand and has emerged as one of India’s biggest match-winners in recent matches.
      ii. Matches – In 31 Tests, he has scored 2,123 runs at an average of 43.32 and his individual best score is at 159 runs. Until now, he has scored 5 centuries and 10 half-centuries in the format.