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Current Affairs Quiz: 18 May 2022

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AffairsCloud brings you the complete and important daily Current Affairs 18 May 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.

Our Current Affairs March 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.Ramgarh Vishdhari Sanctuary was recently (in May ’22) notified as India’s 52nd Tiger Reserve (TR).
The Ramgarh Vishdhari Tiger Reserve became the 4th Tiger reserve in which state?

1) West Bengal
2) Bihar
3) Rajasthan
4) Odisha
5) Jharkhand

Answer-3) Rajasthan
Explanation:
The Ramgarh Vishdhari Sanctuary covering Bundi, Bhilwara and Kota districts of Rajasthan was notified as India’s 52nd Tiger Reserve (TR) and 4th Tiger reserve in Rajasthan.
i. The In-Principle approval was given by the National Tiger Conservation Authority (NTCA), Ministry of Environment, Forest and Climate Change (MoEF&CC) on July 5, 2021.
ii. The proposed Tiger reserve connects the two major tiger corridors of Ranthambore and Mukundra reserves of Rajasthan, spread across 1,501.89 Square Kilometre and is also home to other wildlife animals like Indian wolf, leopard, striped hyena, chinkara, antelope and foxes among other animals.

2.As per the World Bank’s Migration and Development Brief 36 (May 2022) report, which country retained its position as the top recipient of remittances globally in 2021?
1) Egypt
2) Mexico
3) Philippines
4) India
5) China

Answer-4) India
Explanation:
The World Bank (WB) has released a report titled ‘Migration and Development Brief 36, May 2022: A War in a Pandemic: Implications of the Ukraine crisis and COVID-19 on Global Governance of Migration and Remittance Flows’. In accordance to this, India retained its position as the top recipient of remittances globally in 2021 worth $89.4 billion as compared to $82.73 billion in 2020.
i. It is followed by Mexico at 2nd place and China at 3rd, Philippines (4th), and Egypt (5th).
ii. The region of South Asia saw 7% gain in remittances to $157 billion in 2021.

3.As per the report released by Organisation Internationale des Constructeurs d’Automobiles (OICA) in May 2022, India has surpassed Germany to become _____ largest vehicle market in the world.
1) 2nd
2) 4th
3) 1st
4) 5th
5) 3rd

Answer- 2) 4th
Explanation:
According to the report released by Organisation Internationale des Constructeurs d’Automobiles (OICA), India has surpassed Germany to become 4th largest vehicle market in the world. The 1st was occupied by China, followed by the US and Japan.
i. Despite the Covid-19 pandemic, India sold 3,759,398 vehicles in 2021 as compared to 2,973,319 vehicles in Germany.
ii. This is almost 26 percent of growth and only country to register double digit growth among top5 countries.

4.Which of the following points are ‘correct’ with respect to the recent (as of May’22) RBI data on frauds that was reported by the 12 Public Sector Banks (PSBs) in all categories during FY22?
A) Frauds in PSBs dropped over 51% to Rs 40,295.25 crore during FY22 as compared to Rs 81,921.54 crore in FY21.
B) The highest amount in fraud cases was reported by the State Bank of India (SBI) worth Rs 6,932.37 crore.
C) Among the transactions of high value frauds, Canara Bank reported frauds worth Rs 3,230.18 crore.

1) Only A
2) Only C
3) Only A & B
4) Only A & C
5) All A, B & C

Answer-4) Only A & C
Explanation:
In accordance with the RBI data on frauds reported by the 12 Public Sector Banks (PSBs) in all categories during FY22, there is over 51% dip in the amount involved in frauds to Rs 40,295.25 crore during FY22 as compared to Rs 81,921.54 crore in FY21.
i. However, the pace of fraud cases declined to 7,940 in FY22 as compared to 9,933 incidents reported in FY21.
ii. The highest amount in fraud cases was reported by the Punjab National Bank (PNB) worth Rs 9,528.95 crore involving 431 such incidents.
iii. Among the incidents of a large number of small value frauds, State Bank of India (SBI) reported maximum frauds worth Rs 6,932.37 crore in 4,192 cases.
iv. Among the transactions of high value frauds, Canara Bank reported frauds worth Rs 3,230.18 crore in just 90 cases.

5.Which Insurance company recently (in May’22) launched India’s first dental health insurance plan?
1) PNB MetLife India Insurance
2) Aviva Life Insurance India
3) Kotak Mahindra Life Insurance
4) Exide Life Insurance
5) Aegon Life Insurance

Answer-1) PNB MetLife India Insurance Company
Explanation:
PNB MetLife India Insurance Company Limited (PNB MetLife), a private insurer, has launched a dental health insurance plan. This is India’s first insurance plan to cover fixed-benefit outpatient expenses as well as provide financial assistance with costs associated with general dental health.
i. It’s a one-of-a-kind standalone dental health insurance plan that covers significant dental procedures without requiring hospitalisation.

6.Elisabeth Borne recently (in May’22) became the New Prime minister (PM) of Which country?
1) France
2) Austria
3) Italy
4) Spain
5) Netherlands

Answer-1) France
Explanation:
French President Emmanuel Macron has appointed Elisabeth Borne as the new Prime Minister of France.
i. She was a former Minister of transport, ecology and labour. Borne succeeds Jean Castex, who had led the French cabinet since July 2020.
ii. Elisabeth Borne is the second woman to hold the position after Edith Cresson (1991-1992) under President Francois Mitterrand.

7.In May 2022, e&(Etisalat and) acquired a _____ stake in Vodafone Group Plc (Vodafone) for USD 4.4 billion.
1) 8.7%
2) 9.8%
3) 9.5%
4) 9.1%
5) 8.9%

Answer-2) 9.8%
Explanation:
e&(Etisalat and), formerly known as Emirates Telecommunications Group Company PJSC(Etisalat Group), a United Arab Emirates (UAE)-based telecoms firm, has acquired a 9.8% stake in Vodafone Group Plc (Vodafone) for USD 4.4 billion.
i. ‘e&’ has acquired approximately 2766 million shares in Vodafone Group Plc aggregating to USD 4.4 billion, this share represents 9.8% of Vodafone’s issued share capital.
About e&(Emirates Telecommunications Group Company PJSC – Etisalat Group):
CEO– Hatem Dowidar
Headquarters– Abu Dhabi, United Arab Emirates(UAE)

8.Which of the following point is ‘Incorrect’ with respect to the XXIV Summer Deaflympic Games 2021?
1) The 24th edition of 2021 Summer Deaflympics was an international multi-sport event held at Samsun, Turkey in May 2022 with the mascot ‘Bing Dwen Dwen’.
2) Ukraine placed first in the Tournament with a total medal tally of 138 followed by USA and Iran.
3) India holds 9th position with a total medal tally of 17 (8- Gold, 1- Silver, 8 Bronze) in the Summer Deaflympics.
4) The Indian golfer Diksha Dagar outplayed American Ashlyn Grace and bagged the gold medal at the women’s Golf event.
5) The Indian Shooter Abhinav Deshwal won the Gold in men’s 10m air pistol event by defeating Oleksii Lazebnyj from Ukraine.

Answer-1) The 24th edition of 2021 Summer Deaflympics was an international multi-sport event held at Samsun, Turkey in May 2022 with the mascot ‘Bing Dwen Dwen’.
Explanation:
The 24th edition of 2021 Summer Deaflympics i.e. Caxias 2021, officially called the XXIV Summer Deaflympic Games, was an international multi-sport event held at Festa da Uva, Caxias do Sul, Brazil in May 2022 with the mascot ‘the Ring-tailed Coati – Nino’.
The Motto of the event is “Sports comes from the our hearts”.
India holds 9th position with a total medal tally of 17 (8- Gold, 1- Silver, 8 Bronze) in the Summer Deaflympics whereas Ukraine placed first position followed by USA and Iran.
The Indian golfer Diksha Dagar outplayed American Ashlyn Grace and bagged the gold medal at the women’s Golf event.
The Indian Shooter Abhinav Deshwal won the Gold in men’s 10m air pistol event by defeating Oleksii Lazebnyj from Ukraine.

9.What is the theme of World Telecommunication and Information Society Day (WTISD) 2022 that was observed by the United Nations (UN) on 17th May 2022?
1) Digital technologies for older persons and healthy ageing​
2) Accelerating Digital Transformation In Challenging Times
3) Bridging the standardization gap
4) Enabling the positive use of Artificial Intelligence for All
5) Connect 2030: ICTs For The SDG

Answer-1) Digital technologies for older persons and healthy ageing​
Explanation:
The United Nations(UN) World Telecommunication and Information Society Day (WTISD) 2022 was observed on 17th May 2022 with the theme of “Digital technologies for older persons and healthy ageing​”.
i. The day was observed to create awareness of the possibilities of the use of the Internet and other information and communication technologies (ICT) in societies and economies and 17th May also marks the anniversary of the signing of the 1st International Telegraph Convention and the creation of the International Telecommunication Union (ITU).

10.Which state recently (in May’22) launched the ‘Lok Milni’ programme for the redressal of public grievances?
1) Jharkhand
2) Chhattisgarh
3) Rajasthan
4) Punjab
5) Karnataka

Answer-4) Punjab
Explanation:
Punjab chief minister Bhagwant Mann has launched his government’s flagship ‘lok milni’ (public interaction) program for on-the-spot redressal of the people’s grievances.
i. Facilitate the people for resolving their long pending administrative issues and The program would ease the people to solve their grievances by ensuring a single window platform for redressal of people’s complaints.
ii. Earlier, the program was named as ‘janta darbar’ and now as Lok Milni.