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Current Affairs Quiz: 16 & 17 October 2022

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 16 & 17 October 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.

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    1. Which organisation/Ministry was recently (in Oct ‘22) withdrew the criteria that required listed Central Public Sector Undertakings (CPSEs) to boost their share price over the BSE Sectoral Index?
      1) Securities and Exchange Board of India
      2) Reserve Bank of India
      3) Ministry of Finance
      4) Insurance Regulatory and Development Authority
      5) Ministry of Home Affairs
      Answer-3) Ministry of Finance
      Explanation:
      In the revised Memorandum of Understanding (MoU) guidelines for 2022–2023 (FY23), the Department of Public Enterprises, Ministry of Finance (MoF), withdrew the criteria that required listed Central Public Sector Undertakings (CPSEs) to boost their share price over the BSE Sectoral Index
      i. The revised MoU reduced the marks assigned to achieving export and import targets from 5 to 4 marks each.

      ParametersEarlierNew
      Exports as % of revenue from operations54
      Imports as % of revenue from operations54
      90% CapEx till the end of Q330
      Procurement from GeM Portal -22
      Acceptance/Rejection of Goods vis TReDS Portal05


    2. Name the institute that was recently (in Oct ‘22) signed an MoU with the National Highways & Infrastructure Development Corporation Ltd (NHIDCL) for cooperation in innovative solutions for highways construction.
      1) IIT Patna
      2) IIT Madras
      3) IIT Delhi
      4) IIT Kanpur
      5) IIT Kharagpur
      Answer-1) IIT Patna
      Explanation:
      National Highways & Infrastructure Development Corporation Ltd (NHIDCL) , a CPSE (Central Public Sector Enterprises) under the Ministry of Road Transport and Highways (MoRTH), signed an MoU with Indian Institute of Technology (IIT) Patna (Bihar) for cooperation in innovative solutions for highways construction.
      i. The agreement was signed by Dr. (Prof) TN Singh, Director of IIT Patna and Chanchal Kumar, Managing Director of NHIDCL.

    3. As of October 2022, how many banks signed an MoU with the Indian Army for Agniveer Salary Accounts under Agnipath scheme?
      1) 12
      2) 8
      3) 5
      4) 11
      5) 9
      Answer-4) 11
      Explanation:
      The Indian Army signed an MoU with 11 banks for providing banking facilities to Agniveers on enrollment under Agnipath scheme.
      i. The 11 banks include State Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda (BoB), IDBI Bank, ICICI Bank, HDFC Bank, Axis Bank, Yes Bank, Kotak Mahindra Bank, IDFC First Bank and Bandhan Bank.

    4. Which bank recently (in Oct ‘22) relaunched its ‘Suraksha Fixed Deposit (FD)’ scheme, a 3-year FD scheme to offer higher interest rates?
      1) IndusInd Bank
      2) Dhanlaxmi Bank
      3) DCB Bank
      4) Karur Vysya Bank
      5) IDFC First Bank
      Answer-3) DCB Bank
      Explanation:
      DCB Bank has relaunched its ‘Suraksha Fixed Deposit (FD)’ scheme, a 3-year FD scheme that offers higher interest rates and free life insurance along with other benefits for the depositors and their dependents.
      i. The offer is also available for Non-Resident External (NRE) and Non-Resident Ordinary (NRO) in Indian Rupees (INR) based on their FD amount.
      About Suraksha Fixed Deposit (FD):
      • Suraksha Fixed Deposit (FD) offers a high interest rate of 7.10 percent per annum (p.a.) on a 3 year FD and the insurance premium is not payable by the DCB Suraksha FD customer.
      • It also offers free life insurance coverage up to Rs. 10 lakh if the value of the Suraksha FD is more than Rs. 10 lakh and does not require any medical evaluation.
      • This insurance cover is available for persons between the age of 18 years and 55 years of age.

    5. Which Indian city was recently (in Oct ‘22) honoured as the Grand winner of the AIPH (International Association of Horticultural Producers) World Green City Awards 2022?
      1) Bengaluru, Karnataka
      2) Hyderabad, Telangana
      3) Chennai, Tamil Nadu
      4) Gandhinagar, Gujarat
      5) Indore, Madhya Pradesh
      Answer-2) Hyderabad, Telangana
      Explanation:
      The city of Hyderabad, Telangana, has been honoured as the Grand winner of the AIPH (International Association of Horticultural Producers) World Green City Awards 2022, the most prestigious award of the Inaugural AIPH World Green City awards (2022 edition), for its initiative titled “Green Garland to the State of Telangana”.
      i. Hyderabad also won the award under the ‘Living Green for Economic Recovery and Inclusive Growth’ category.
      ii. AIPH World Green City awards (2022 edition) are the world’s first Green City awards.

    6. Name the bank that recently (in Oct ‘22) appointed former Indian cricketer Sourav Ganguly as its Brand Ambassador.
      1) Dhanlaxmi Bank
      2) Bandhan Bank
      3) Axis Bank
      4) IDBI Bank
      5) RBL Bank
      Answer-2) Bandhan Bank
      Explanation:
      Bandhan Bank appointed former Indian cricketer Sourav Ganguly as its Brand Ambassador. He will help amplify the brand message of the bank and endorse the products and services of the bank.
      i. Sourav Chandidas Ganguly is an Indian cricket administrator, commentator and former national cricket team captain. He is affectionately known as Dada.
      ii. He is the 39th President of the Board of Control for Cricket in India (BCCI).

    7. Which of the following personalities was recently (in Oct ‘22) appointed as the Brand Ambassadors of Boult Audio Private Limited?
      1) Suryakumar Yadav
      2) Saif Ali Khan
      3) Rishabh Pant
      4) Both 1 & 2
      5) Both 2 & 3
      Answer-4) Both 1 & 2
      Explanation:
      Boult Audio Private Limited appointed actor Saif Ali Khan and cricketer Suryakumar Yadav as its new Brand Ambassadors.
      i. Suryakumar Yadav is the highest run-getter in T20Is for 2022 and he is currently ranked 2nd in the ICC (International Cricket Council)T20I rankings.
      ii. Saif Ali Khan is an Indian actor and film producer who works in Hindi films.

    8. Name the Indian Naval Ship (INS) that was recently (in Oct ‘22) launched Submarine Launched Ballistic Missile (SLBM), India’s second strike nuclear capability.
      1) INS Arihant
      2) INS Tarkash
      3) INS Satpura
      4) INS Vikrant
      5) INS Kalvari
      Answer-1) INS Arihant
      Explanation:
      The Indian Naval Ship (INS) Arihant, India’s first indigenous nuclear Ballistic Missile Submarine (SSBN-Submersible Ship Ballistic Missile Nuclear), successfully launched a nuclear capable Submarine Launched Ballistic Missile (SLBM), affirming India’s second strike nuclear capability.
      i. The missile that was launched is speculated to be the K-15 (also known as Sagarika), a member of the “K” family of SLBMs.
      ii. In SSBN, SS denotes “submarine” or “submersible”, the B denotes “ballistic missile,” and the N denotes “nuclear powered.”
      Note- After the United States (US), Russia, the United Kingdom (UK), France, and China, India is the sixth country in the world to deploy nuclear-powered submarines equipped with ballistic missiles.

    9. Who authored the book, “The Philosophy of Modern Song”, which is set to launch in November 2022?
      1) Lynn Abbey
      2) Walter Abish
      3) Ted Koppel
      4) Mitch Albom
      5) Bob Dylan
      Answer-5) Bob Dylan
      Explanation:
      A new book titled ”The Philosophy of Modern Song ” authored by Bob Dylan, Nobel laureate and published by Simon & Schuster will be launched in November 2022.
      i. The Philosophy of Modern Song contains the artistic journey and achievements of Bob Dylan.
      ii. The collection of essays is Bob Dylan’s first book of new writing since 2004, when he released ‘Chronicles, Volume One and since winning the Nobel prize for literature in 2016.
      iii. The most prominent books of Bob Dylan are “The Lyrics 1961-2012”, “Tarantula (1971)”, “Younger Than That Now” etc.

    10. When was World Students’ Day 2022 observed to mark the birth anniversary of the former President and the Missile Man of India Dr. A P J Abdul Kalam?
      1) 15th October 2022
      2) 12th October 2022
      3) 14th October 2022
      4) 16th October 2022
      5) 13th October 2022
      Answer-1) 15th October 2022
      Explanation:
      The World Students’ Day is annually celebrated on 15th October, which marks the birth anniversary of the former President (11th president – 2002 to 2007) and the Missile Man of India Dr. A P J (Avul Pakir Jainulabdeen) Abdul Kalam.
      i. 15th October 2022 marks the 91st Birth anniversary of Dr APJ Abdul Kalam.
      ii. He played a crucial role in the Pokhran-II nuclear tests in 1998 and so, he was known as the Missile Man of India.
      iii. Awards – He was honoured with Padma Bhushan award (1981), Padma Vibhushan (1990), Bharat Ratna (1997), Indira Gandhi Award for National Integration (1997), Veer Savarkar Award (1998).