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Current Affairs Quiz: 17 August 2022

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

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    1. On 13th August 2022, India designated 11 more wetlands as Ramsar sites, taking the total number of Ramsar sites in India to ________.
      1) 94
      2) 75
      3) 82
      4) 64
      5) 49
      Answer-2) 75
      Explanation:
      On 13th August 2022, India has designated 11 more wetlands under the Ramsar Convention or the Convention on Wetlands, taking the total number of Ramsar sites in India to 75 from 64 with area coverage of 13,26,677 hectare (ha).
      i. The 11 new sites include 4 sites in Tamil Nadu (TN), 3 in Odisha, 2 in Jammu & Kashmir (J&K), and 1 each in Madhya Pradesh (MP) and Maharashtra. List of 11 New Sites with Area ha.

    2. According to Forbes Asia’s 200 “Best Under A Billion” 2022 Ranking, India secured _____ rank among Asian countries with 24 companies, while ______ tops the Index with 30 companies.
      1) 2nd; Japan
      2) 3rd; South Korea
      3) 4th; China
      4) 3rd; Japan
      5) 4th; Taiwan
      Answer- 5) 4th; Taiwan
      Explanation:
      According to Forbes Asia’s 200 “Best Under A Billion” 2022 Ranking, 24 Indian companies made the list, a decrease from 26 in 2021. This placed India in 4th place among Asian countries, one spot ahead of China, which had 22 firms on the list.
      Forbes Asia’s 2022 edition of the best 200 mid-sized companies in the Asia-Pacific region includes publicly listed companies with yearly revenue of less than one billion dollars.

    3. Which bank recently (in Aug ‘22) partnered with SellerApp to Facilitate the Adoption of Open Network Digital Commerce (ONDC)?
      1) IDBI Bank
      2) HDFC Bank
      3) YES Bank
      4) Axis Bank
      5) ICICI Bank
      Answer-3) YES Bank
      Explanation:
      YES Bank partnered with SellerApp, a seller-centric intelligence platform to encourage the seller segment of its client base to adopt Open Network Digital Commerce (ONDC) and help in expanding their digital commerce footprint.
      i. This partnership will complement Technology-First A.R.T approach that benefits the customers with better data insights and wider access to the market by moving from a platform-centric model to an open-network model.

    4. __________ bank launched a New Term Deposit Scheme under Abhyudaya Cash Certificate (ACC) and FD for a tenure of 75 weeks in accordance with the 75th Year of Independence.
      1) IndusInd Bank
      2) Kotak Mahindra Bank
      3) RBL Bank
      4) Karnataka Bank
      5) South Indian Bank
      Answer-4) Karnataka Bank
      Explanation:
      Karnataka Bank has introduced KBL Amrit Samriddhi, a New Term Deposit Scheme under Abhyudaya Cash Certificate (ACC) and Fixed Deposit (FD) for a tenure of 75 weeks (525 days), in accordance with the 75th anniversary of India’s independence as part of Azadi Ka Amrit Mahotsav.
      This deposit scheme has an annual interest rate of 6.10%.
      About Karnataka Bank Ltd:
      MD & CEO – Mahabaleshwara MS
      Headquarters – Mangaluru, Karnataka
      Tagline – Your Family Bank Across India

    5. Name the bank that recently (in Aug ‘22) signed an MoU with Build Your Dreams (BYD) India for Stock Financing Solution.
      1) Axis Bank
      2) HDFC Bank
      3) ICICI Bank
      4) YES Bank
      5) IndusInd Bank
      Answer-2) HDFC Bank
      Explanation:
      Build Your Dreams (BYD) India Private Limited, a subsidiary of the Warren Buffett-backed New Energy Vehicle manufacturer BYD, has signed an MoU with HDFC Bank towards a stock financing solution to its pan India dealer network.
      i. The partnership will provide access to the dealers of BYD to inventory funding and cash credit for the electric cars.

    6. Which state’s police received the “President’s Colour” award from Vice-President of India Venkaiah Naidu on 31st July 2022?
      1) Kerala
      2) Karnataka
      3) Gujarat
      4) Andhra Pradesh
      5) Tamil Nadu
      Answer- 5) Tamil Nadu
      Explanation:
      On 31st July 2022, Vice-President of India Muppavarapu Venkaiah Naidu presented the distinguished award “President’s Colour” for the Tamil Nadu (TN) Police to M.K. Stalin, Chief Minister(CM) of Tamil Nadu at Rajarathinam Stadium, Chennai, Tamil Nadu.
      i. TN Police has become the first state in South India and among the 10 other states in India to showcase the honours.
      ii. “President’s Colour” is the highest honour given to the Military, Paramilitary and Police forces of States and Union Territories.
      iii. The Tamil Nadu Police is among the few police forces in the country to receive the coveted ‘President’s Colours’. Though the ‘President’s Colours’ for the Tamil Nadu Police was approved as early as August 19, 2009.

    7. Name the India’s first saline water lantern that was recently (in Aug ‘22) launched by Jitendra Singh Minister of State of Earth Science (MoES).
      1) Tejas
      2) Veera
      3) Vikram
      4) Roshni
      5) Helina
      Answer-4) Roshni
      Explanation:
      Dr. Jitendra Singh, Minister of State (Independent Charge), Ministry of Earth Science (MoES), has introduced “Roshni”, India’s first saline water lantern that uses seawater as an electrolyte between specially designed electrodes to power LED (Light Emitting Diode) lamps.
      i. Roshni Saline lantern would provide “ease of living” to the poor and needy, notably the fishing community living along India’s 7,500km long coastline, which is home to 9 coastal states and 1,382 islands.
      ii. Jitendra Singh also reviewed the progress of NIOT’s Low Temperature Thermal Desalination (LTTD) technology for conversion of sea water to potable water (drinking water), which was successfully demonstrated in the UT of Lakshadweep.

    8. Which country recently (in Aug’ 22) got suspended by FIFA for the first time in its 85-year history for violating the FIFA Statutes?
      1) Japan
      2) Ukraine
      3) Russia
      4) India
      5) China
      Answer-4) India
      Explanation:
      The world governing body FIFA (International Federation of Association Football) suspended All India Football Federation (AIFF) for the 1st time in its 85 year history for undue influence from third parties, which constitutes a serious violation of the FIFA Statutes.
      i. It also took back the rights from India to host the 7th Under-17 Women’s World Cup 2022 which was scheduled to be held on October 11-30, 2022.
      ii. It means that the Indian National Football Team will not be able to play any international games (junior or senior) across the two genders until the ban is removed, including the friendly tournament in Vietnam. India will not participate in the AFC Asian Cup 2023, Philippines.

    9. India’s Warren Buffett, Rakesh Jhunjhunwala recently (in Aug ‘22) passed away. He is the co-founded of which Indian airline?
      1) Go First
      2) Akasa Air
      3) Jet Airways
      4) Air India
      5) SpiceJet
      Answer-2) Akasa Air
      Explanation:
      Billionaire business and veteran investor Rakesh Jhunjhunwala passed away at the age of 62 years in Mumbai, Maharashtra due to sudden cardiac arrest.
      i. He was famously referred to as the “Big Bull of Dalal street”, “King of Bull Market” and “Big Bull”. He was also known as ‘India’s Warren Buffett’.
      ii. Rakesh Jhunjhunwala co-founded Indian airline Akasa Air which took its first flight from Mumbai to Ahmedabad on August 7 2022.

    10. Who authored the book, “Putin- His Life and Times”?
      1) David Blair
      2) Benjamin Hall
      3) Damian Barr
      4) Michael Brown
      5) Philip Short
      Answer- 5) Philip Short
      Explanation:
      “Putin- His Life and Times”, a biography of the Russian President Vladimir Putin written by Philip Short, a former correspondent for the BBC, The Economist and The Times, was released in the midst of the Ukraine crisis.
      i. Philip Short has been working on Putin’s biography for 8 years. The book is published by The Bodley Head, a non fiction imprint of Penguin Random House.
      Note-“First Person” published in 2001 was an authorised biography of Putin.