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- Which of the following organisation recently (in Sept ‘22) signed an MoU with the Ministry of Youth Affairs and Sports (MoYAS) to provide financial support of Rs 215 crore to the National Sports Development Fund (NSDF)?
1) National Hydroelectric Power Corporation
2) National Thermal Power Corporation Limited
3) Rural Electrification Corporation
4) Both 1 & 2
5) Both 2 & 3Answer-5) Both 2 & 3
Explanation:
The Ministry of Youth Affairs and Sports (MoYAS) signed an MoU with the NTPC Limited, formerly known as National Thermal Power Corporation Limited, and Rural Electrification Corporation (REC) pledging Rs 215 crore to the National Sports Development Fund (NSDF).
i. NTPC contributes Rs 115 crore over the next 5 years to support the Archery discipline in India. - As per the Central Zoo Authority, the Padmaja Naidu Himalayan Zoological Park (PNHZP) was recognized as the best zoo in India.
In which state, the Padmaja Naidu Himalayan Zoological Park is located?
1) Maharashtra
2) Rajasthan
3) Odisha
4) West Bengal
5) KarnatakaAnswer- 4) West Bengal
Explanation:
The Padmaja Naidu Himalayan Zoological Park (PNHZP) in Darjeeling, West Bengal has been recognized as the best zoo in India.
i. Arignar Anna Zoological Park in Chennai, Tamil Nadu has secured the 2nd position, followed by the Sri Chamarajendra Zoological Gardens in Mysore, Karnataka. Kolkata’s Alipore Zoological Garden has secured the fourth position.
ii. The PNHZP was established on 14th August 1958 and is internationally recognised for its breeding and conservation programmes of endangered animal species of the eastern Himalayas.
iii. The Red Panda is one of the main attractions of PNHZP, besides other animals such as the Himalayan Black Bear, Snow Leopard, Goral and Himalayan Thar. - In September 2022, the Ministry of Finance released guidelines for Regional Rural Banks (RRBs) to acquire capital through rights issues and Initial Public Offerings (IPOs).
Which of the following points are ‘correct’ with respect to the Criteria for Selecting RRBs for Capital Raising?
1) RRB’s planning to make an initial public offering to raise capital must have at least Rs 100 crore of net worth for the previous 5 years.
2) Minimum Capital to Risk-weighted Assets Ratio (CRAR) above the regulatory requirement of 9% in each of the previous 3 years.
3) RRBs should have a minimum return on equity of 10% in three of the previous 5 years, as well as a minimum return on assets of 0.5% in three of the previous 5 years.
4) Both 1 & 2
5) Both 2 & 3Answer-5) Both 2 & 3
Explanation:
The Ministry of Finance (MoF) has released guidelines for Regional Rural Banks (RRBs) to acquire capital through rights issues and Initial Public Offerings (IPOs).
Criteria for Selecting RRBs for Capital Raising:
RRB’s planning to make an initial public offering to raise capital must have at least Rs 300 crore of net worth for the previous three years.
Minimum Capital to Risk-weighted Assets Ratio (CRAR) above the regulatory requirement of 9% in each of the previous three years.
RRBs should have a minimum return on equity of 10% in three of the previous five years, as well as a minimum return on assets of 0.5% in three of the previous five years. - In September 2022, Fitch Ratings reduced India’s economic growth projection to __________ from 7.8% for FY23.
1) 7.4%
2) 7.0%
3) 7.2%
4) 7.3%
5) 7.5%Answer-2) 7.0%
Explanation:
Fitch Ratings, a global ratings agency, lowered India’s economic growth forecast for fiscal year 2022–23 (FY23), as measured by Gross Domestic Product (GDP) to 7%, from its June 2022 forecast of 7.8% in its Global Economic Outlook–September 2022 special report.
i. It now forecasts a further slowdown in India’s GDP in FY24, to 6.7 %, compared to its earlier projection of 7.4 %. - As per the Kantar BrandZ’s Most Valuable Indian Brands 2022 report, which company emerged as India’s most valuable brand in September 2022?
1) ICICI Bank
2) HDFC Bank
3) Tata Consultancy Services
4) Infosys
5) State Bank of IndiaAnswer-3) Tata Consultancy Services
Explanation:
According to the Kantar BrandZ Most Valuable Indian Brands 2022 report, Tata Consultancy Services (TCS) has emerged as India’s most valuable brand, with a brand value of ~USD 45.5 Billion.
i. TCS has replaced HDFC Bank, valued at USD 32.7 billion , which held the 1st position since the Kantar BrandZ India ranking was launched in 2014. HDFC Bank has ranked number two on the 2022 rankings.
ii. The report was released by market data and analytics firm Kantar. - In September 2022, the Life Insurance Corporation of India (LIC) reduced its stake in GlaxoSmithKline Pharmaceuticals (GSK Pharma) India from 6.402% to __________.
1) 1.387%
2) 3.286%
3) 5.390%
4) 2.780%
5) 4.357%Answer-5) 4.357%
Explanation:
Life Insurance Corporation of India (LIC) has cut its stake in GlaxoSmithKline Pharmaceuticals (GSK Pharma) India from 6.402% to 4.357%.
i. The report to the inventory exchange has mentioned that LIC has offered about 34.20 lakh (2.045%) shares in the global pharma major during the period between September 2018-2022.
ii. According to LIC, the stake sale took place at an average price of Rs 1,549.40. - Cricketer Rachael Haynes recently (in Sept ’22) announced her retirement from International cricket and State cricket. Which country did she represent in International Cricket?
1) South Africa
2) Australia
3) New Zealand
4) West Indies
5) EnglandAnswer-2) Australia
Explanation:
Rachael Haynes, Australian women’s team cricketer & Vice-Captain announced her retirement from International cricket and State cricket.
i. Rachael Haynes made her debut back in 2009 and represented her Country in 6 Tests, 77 One Day Internationals (ODIs), and 84 Twenty20 Internationals (T20Is) and won ODI World Cups and three T20 World Cups with the team.
ii. She is retiring after 167 matches and 3818 international runs to her name. - In September 2022, India won the 2022 South Asian Football Federation(SAFF) U-17 Championship title by defeating ____________ in Sri Lanka.
1) Afghanistan
2) Bangladesh
3) Pakistan
4) Nepal
5) Sri LankaAnswer-4) Nepal
Explanation:
India clinched the 2022 SAFF (South Asian Football Federation) under-17 (U-17) Championship title after defeating Nepal by 4-0 score in the final match in Race Course International Stadium, Colombo in Sri Lanka. India emerged as the champion for the fourth time (2013, 2017, 2019).
i. The 2022 SAFF U-17 Championship was the 7th edition of the SAFF U-15/U-16 Championship. The Tournament organised by SAFF took place from September 5 to 14, 2022 in Sri Lanka. - Former Indian Tennis Player and Davis Cup Captain Naresh Kumar recently (in Sept ‘22) passed away. In which year he became 1st Tennis Coach to receive Dronacharya Lifetime Achievement Award?
1) 2016
2) 2018
3) 2020
4) 2019
5) 2021Answer- 3) 2020
Explanation:
Naresh Kumar, the former Indian Tennis Player and Davis Cup Captain passed away at the age of 93 in Kolkata,West Bengal.
i. Naresh Kumar, the non-playing captain of the Indian Davis Cup team in 1990, was a mentor of Olympic Medallist Leander Paes.
ii. He became the 1st Tennis Coach to receive Dronacharya Lifetime Achievement Award in 2020. - When was the United Nations (UN)’s International Day of Democracy 2022 observed across the globe?
1) 11th September 2022
2) 14th September 2022
3) 12th September 2022
4) 15th September 2022
5) 13th September 2022Answer- 4) 15th September 2022
Explanation:
The United Nations (UN)’s International Day of Democracy 2022 observed across the world on 15th September 2022 to mark the importance of democracy and create awareness among people about democratic rights.
i. 15th September 2022 marks the 15th anniversary of the International Day of Democracy.
ii. The first International Day of Democracy was celebrated on 15 September 2008.
- Which of the following organisation recently (in Sept ‘22) signed an MoU with the Ministry of Youth Affairs and Sports (MoYAS) to provide financial support of Rs 215 crore to the National Sports Development Fund (NSDF)?
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