AffairsCloud brings you the complete and important daily Current Affairs 14 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, ____________ became 1st state to Implement New Education Policy (NEP) 2020 at Pre-Primary Level.
1) Madhya Pradesh
2) Bihar
3) Gujarat
4) Uttarakhand
5) Uttar Pradesh
Answer & Explanation
Answer-4) Uttarakhand
Explanation:
Pushkar Singh Dhami, the Chief Minister (CM) of Uttarakhand, has inaugurated “Bal Vatikas“in Anganwadi Kendras across the state to improve the pre-primary education system in Uttarakhand.
i. With this, Uttarakhand has become the first state in India to begin the process of implementing the Government of India’s (GoI) New Education Policy (NEP) 2020 at the pre-primary level.
ii. Following the NEP of 2020, the Uttarakhand government will educate pre-primary students between the ages of 3 and 6 years in 5,000 state-run primary schools.
- In July 2022, Croatia became _______ country in the eurozone to adopt the euro currency from 2023 by replacing the current currency, the Croatian Kuna.
1) 25th
2) 12th
3) 20th
4) 15th
5) 10th
Answer & Explanation
Answer-3) 20th
Explanation:
Croatia will become the 20th member of the eurozone to adopt Euro currency from 1 January 2023, replacing the current currency Croatian Kuna. The European Union’s (EU) finance minister formally approved the adoption of the euro single currency.
i. It is the first expansion of the currency bloc in almost eight years since the euro has dropped to its lowest level against the US dollar in 20 years. Croatia’s currency Kuna has comparatively low inflation and low-interest rates, a stable currency regime.
About Croatia:
Capital– Zagreb
President- Zoran Milanović
Official language– Croatian
- In July 2022, the RBI launched a rupee settlement system to Settle International Trade Payments in Rupees under which Act of RBI?
1) Factoring Regulation Act, 2011
2) Payment and Settlement Systems Act, 2007
3) Reserve Bank of India Act, 1934
4) Foreign Exchange Management Act, 1999
5) Currency Ordinance, 1940
Answer & Explanation
Answer-4) Foreign Exchange Management Act, 1999
Explanation:
The RBI unveiled a rupee settlement system i.e. invoicing, payment, and settlement of exports/imports in INR for international trade INR under Foreign Exchange Management Act, 1999 (FEMA), with immediate effect.
i. It aims to promote growth of global trade with emphasis on exports from India.
ii. The directions have been issued under sections 10(4) and 11(1) of the Foreign Exchange Management Act (FEMA), 1999 (42 of 1999).
iii. New System- The framework for International Trade Settlement for cross border trade transactions in INR.
- In July 2022, the RBI approved the appointment of Meena Hemachandra as part-time chairman of which of the following banks for a period of 3 years?
1) Karur Vysya Bank
2) South Indian Bank
3) City Union Bank
4) Axis Bank
5) IndusInd Bank
Answer & Explanation
Answer-1) Karur Vysya Bank
Explanation:
Reserve Bank of India (RBI) approved the appointment of former RBI executive Meena Hemachandra as part-time chairman of Karur Vysya Bank (KVB), a private sector lender, for 3 years with effect from taking charge.
She held the position of an Additional Director in KVB under Independent Category from 26th May 2022.
i. Previously, she held various positions that also included Executive Director of RBI from June 2015 to November 2017 and was the Principal of the RBI’s College of Agricultural Banking.
About Karur Vysya Bank (KVB):
MD & CEO – B. Ramesh Babu
Establishment – 1916
Headquarters – Karur, Tamil Nadu (TN)
- Who was recently (in July’22) appointed as the Chairman-cum-Managing Director (CMD) of New India Assurance Company Ltd. (NIACL)?
1) Sujay Banarji
2) Mudita Mishra
3) Jayashree Nair
4) Atul Sahai
5) Madhulika Bhaskar
Answer & Explanation
Answer-5) Madhulika Bhaskar
Explanation:
New India Assurance Company Ltd (NIACL) appointed its General Manager Madhulika Bhaskar as the Chairman-cum-Managing Director (CMD) for a period of three months with effect from the date of assumption of charge.
i. She was given additional charge. She succeeded Atul Sahai as the CMD, whose tenure ended on February 28, 2022 following his superannuation.
About New India Assurance Company Ltd (NIACL):
Headquarters- Mumbai, Maharashtra
Founded- 1919
- In July 2022, Government of India nominated 29 non-official members from various sectors to the Board of Trade (BOT), the advisory body on foreign trade policy.
Name the union minister who is the current (as of July’22) chairperson of BOT.
1) Nirmala Sitharaman
2) Subrahmanyam Jaishankar
3) Narayan Tatu Rane
4) Piyush Goyal
5) Anupriya Singh Patel
Answer & Explanation
Answer-4) Piyush Goyal
Explanation:
The Government of India (GoI) has nominated 29 non-official members from large and small enterprises with diverse sectoral and geographical representation to the Board of Trade (BOT), the advisory body on foreign trade policy. The chairperson of the board Union Minister of Commerce and Industry.
i. The BOT, which is chaired by Commerce and Industry Minister Piyush Goyal, advises the GoI on policy initiatives to boost India’s foreign trade.
ii. The GoI amalgamated the Council of Trade Development and Promotion with the Board of Trade (BOT) in 2019 to improve consistency in the consultation process with all stakeholders, both at the Central and State levels, for promoting exports and imports.
- Name the company that recently (in July ’22) launched India’s first indigenously developed lithium-ion cell.
1) Hero Electric
2) Ola Electric
3) TVS Motor
4) Ampere Vehicles
5) Bajaj Auto
Answer & Explanation
Answer-2) Ola Electric
Explanation:
The Bengaluru-based Electric two-wheeler maker Ola Electric launched India’s first indigenously developed lithium-ion cell, NMC 2170 and the mass production of its cell will begin at its upcoming Chennai-based Gigafactory by 2023.
i. The use of specific chemistry and materials enables the cell to pack more energy in a given space and also improves the overall life cycle of the cell.
ii. SoftBank-backed Ola Electric launched its first electric vehicle in August 2021 and has set up the world’s largest 2W manufacturing facility in India. The Ola Electric is currently developing its first electric 4W.
- Which of the following points is ‘Incorrect’ with respect to the 135th edition of Wimbledon Championships 2022 held at London, United Kingdom in July 2022?
A) Novak Djokovic (Serbia) won the 2022 Gentlemen’s Singles title against Matthew Ebden (Croatia), and he claimed his 5th Wimbledon title.
B) Elena Rybakina (Kazakhstan) won the 2022 women’s singles Wimbledon title by defeating Ons Jabeur (Tunisia), claiming her first grand slam title.
C) Novak Djokovic became the first player in history to win 80 matches in all four Grand Slams by defeating Kwon Soon-woo.
1) Only A
2) Only B
3) Only C
4) Only A & B
5) Only B & C
Answer & Explanation
Answer-1) Only A
Explanation:
The 135th edition of Wimbledon 2022 in July 2022 held at London, UK.
Novak Djokovic (Serbia) won the 2022 Gentlemen’s Singles title against Nick Kyrgios (Australia), and he claimed his 7th Wimbledon title and his 4th straight Wimbledon men’s singles title.
Elena Rybakina (Kazakhstan) won the 2022 women’s singles Wimbledon title by defeating Ons Jabeur (Tunisia), claiming her first grand slam title and the first for Kazakhstan.
3-time defending champion Novak Djokovic became the first player in history to win 80 matches in all four Grand Slams when he defeated Kwon Soon-woo on Centre Court and registered his 80th win.
Ons Jabeur defeated Tatjana Maria in the Wimbledon Ladies’ singles semifinals to become the first Arab woman to reach the final of a Grand Slam. Later she was defeated in the finals by Elena Rybakina.
- Padma Shri awardee Avdhash Kaushal recently (in July’22) passed away. In which field did he receive the Padma Shri award in 1986?
1) Social Work
2) Art
3) Literature and Education
4) Civil Service
5) Science and Engineering
Answer & Explanation
Answer-1) Social Work
Explanation:
Renowned social worker and Padma Shri awardee Avdhash Kaushal passed away at the age of 87 years due to prolonged illness. The Government of India honoured him with the Padma Shri award in 1986 for social work.
i. He served as an Associate professor for seven years in Lal Bahadur Shastri National Academy of Administration (LBSNAA) in Mussoorie, Uttrakhand.
ii. He headed an NGO named Rural Litigation and Entitlement Kendra (RLEK) that fought for human rights and the conservation of the environment.
iii. He fought for the rights of Van Gujjar tribe of Uttarakhand therefore he is also considered a messiah of Van Gujjar tribe living in the forests of Rajaji and Corbett Tiger reserves.
- Which state recently (in July’22) signed an agreement with Jammu and Kashmir (J&K) to boost cultivation of saffron and other crops?
1) Uttarakhand
2) Arunachal Pradesh
3) Himachal Pradesh
4) Sikkim
5) Assam
Answer & Explanation
Answer-4) Sikkim
Explanation:
Jammu and Kashmir (J&K) signed an agreement with Sikkim to boost cultivation of saffron and other crops. The agreement was signed in the presence of Lieutenant Governor of J&K Manoj Sinha and Ganga Prasad, Governor of Sikkim.
i. This collaboration will strengthen Prime Minister Narendra Modi’s ‘Ek Bharat, Shrestha Bharat’, an initiative launched on 31st October, 2015 on the occasion of the 140th birth anniversary of Sardar Vallabhbhai Patel.
ii. Another tripartite agreement has been signed by the agriculture department of J&K, Sikkim government and Sikkim University to further boost the growth of the agriculture and horticulture sector.
iii. Sikkim is the 1st organic state in India and through this collaboration it would help J&K in providing solutions towards organic farming.
- In July 2022, ____________ became 1st state to Implement New Education Policy (NEP) 2020 at Pre-Primary Level.
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