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Top 10 Questions Based on Current Affairs 2 February 2022
- In which Place the World’s largest Canal Lock was inaugurated in February 2022?
1) Bruges, Belgium
2) Frankfurt, Germany
3) Ijmuiden, Netherlands
4) Alexandria, Egypt
5) Kassala, SudanAnswer-3) Ijmuiden, Netherlands
Explanation:
The world’s largest canal lock namely ‘Zeesluis Ijmuiden’ has been inaugurated at Ijmuiden, a small port city in the Port of Amsterdam, The Netherlands, by the Dutch King Willem-Alexander.
i. This 500-meter (1,640-feet) long and 70-meter wide canal lock & Canal is 18 meter deep & canal has replaced the smaller, nearly 100-year-old Noordersluis (northern lock) at Ijmuiden which was built in 1929.
ii. The outlay of the newly built canal lock went over the initially planned budget by around €300 million ($338 million). - THE JET ZeroEmission announced to launch the World’s first hydrogen powered flying boat ‘THE JET’ by 2023 in which city?
1) New York, USA
2) Moscow, Russia
3) Dubai, UAE
4) Tokyo, Japan
5) Beijing, ChinaAnswer-3) Dubai, UAE
Explanation:
THE JET ZeroEmission announced the launch of the World’s 1st hydrogen powered flying boat ‘THE JET’ in Dubai, United Arab Emirates (UAE).
i. THE JET will have its inaugural flight during the COP28, which is scheduled to be held in Dubai, UAE in 2023.
Note- Fukushima Hydrogen Energy Research Field in Japan, is the world’s largest hydrogen-production facility. - Which of the following points are correct with respect to the RBI’s Sectoral Deployment of Bank Credit – December 2021?
A) The bank’s non-food credit growth increased to 7.6% in December 2021 as compared to 5.6 percent in December 2020.
B) Credit to Agriculture and Allied activities growth was increased to 14.5% in December 2021 as compared to 7.7% in December 2020.
C) Credit to large industries recorded a growth of 1.3% in December 2021 against a contraction of 0.5% a year ago.
1) All A, B & C
2) Only A
3) Only B
4) Only A & B
5) Only B & CAnswer-5) Only B & C
Explanation:
The bank’s non-food credit growth increased to 9.3 % inDecember 2021 as compared to 6.6 percent in December 2020.
i. Credit to Agriculture and Allied activities growth was increased to 14.5% in December 2021 as compared to 7.7% in December 2020.
ii. Credit to Gross Bank (II + III) recorded a growth of 9.2% in December 2021 against a contraction of 6.6% a year ago. & Food Credit -4.2% in December 2021as compared to 10.8% in December 2020. - Vedanta Ltd recently (in Jan’21) tied up Rs 8,000-cr facility with _______ to take over a majority of the syndicated facility.
1) Indian Bank
2) Punjab National Bank
3) Union Bank of India
4) Bank of Maharashtra
5) Bank of IndiaAnswer-3) Union Bank of India
Explanation:
Vedanta Ltd has tied up a facility of Rs 8,000 crore (replacement facility) with Union Bank of India at 7.75% to take over a majority of the syndicated facility after multiple discussions with potential lenders.
i. This replacement facility was available on December 28, 2021 to take over the existing Syndicated facility to reduce the overall interest cost of the company and to prepay high-cost debt raised at over 10% two years ago.
ii. Vedanta has pledged 14.8% shares of Hindustan Zinc with Union Bank as security among other things. - As per the Statement of SBI, Banks will Transfer ____ NPA Accounts with Rs 50,000 crore to NARCL by ________.
1) 15; 1st June 2022
2) 12; 1st July 2022
3) 10; 31st June 2022
4) 15; 31st March 2022
5) 12; 1st April 2022Answer-4) 15; 31st March 2022
Explanation:
As per the statement of State Bank of India’s (SBI) Chairman Dinesh Kumar Khara, Banks will be transferring 15 stressed assets (i.e. Non-Performing Asset (NPA) accounts) aggregating worth over Rs 50,000 crore by March 31, 2022 (i.e. within FY22) to the National Asset Reconstruction Company Ltd (NARCL)/bad bank to clean up their books. - Which Organization recently (in Feb’22) signed a US $73 million agreement with Hyperion Global Group to supply Internet of Things (IoT) devices for the US market?
1) Indian Space Research Organization
2) Defence Research and Development Organization
3) Bharat Electronics Ltd
4) Bharat Dynamics Ltd
5) Hindustan Aeronautics LtdAnswer-3) Bharat Electronics Ltd
Explanation:
Bharat Electronics Limited (BEL) signed a partnership agreement with Hyperion Global Group, to manufacture and supply Internet of Things (IoT) devices for the US (United States) market.
i. Through the agreement, BEL will manufacture and supply IoT devices worth US $73 million to Hyperion during the first year of commencement.
About Bharat Electronics Limited (BEL):
CMD & Director- Anandi Ramalingam
Established- 1954
Headquarters- Bangalore, Karnataka - Who became the 1st Indian man to win the World Games Athlete of the Year 2021 Award?
1) Amit Rohidas
2) Harmanpreet Singh
3) PR Sreejesh
4) Krishan Pathak
5) Manpreet SinghAnswer-3) PR Sreejesh
Explanation:
Veteran India hockey goalkeeper Parattu Raveendran (PR) Sreejesh from Kerala won The World Games Athlete of the Year 2021 for his performances in 2021.
i. With this he became the 1st Indian man & 2nd Indian to receive this accolade after Indian women’s hockey captain Rani Rampal who became the first Indian to win this in 2020.
ii. He will receive a trophy and prize from the official sponsor of The World Games Athlete of the Year i.e.i Protective Life.
iii. He was the only Indian nominated and was recommended by the International Hockey Federation (FIH). - Who recently (in Feb’22) got Re-elected as Prime Minister (PM) of Portugal with absolute majority?
1) Ricardo Salgado
2) Antonio Costa
3) Jorge Sampaio
4) Ivo Rosa
5) Pedro Santana LopesAnswer-2) Antonio Costa
Explanation:
The Socialists party led by Antonio Costa, the current Prime Minister (PM) of Portugal, has secured 117 seats out of 230 seats in the country’s Parliament, to secure an absolute majority victory & got reelected as the PM of Portugal.
i. He is a Portuguese lawyer and politician serving as the Prime Minister of Portugal since 2015. - The 19th Edition of Asian Games 2022 will be held at _______ in September 2022 & ________ is set to feature in the Asian Games after 11 Years.
1) Manila, Philippines; Shooting
2) Seoul, South Korea ; Sport-Climbing
3) Zhejiang, China; Cricket
4) Seoul, South Korea; Soft Tennis
5) Zhejiang, China; ShootingAnswer-3) Zhejiang, China; Cricket
Explanation:
The 19th edition Asian Games 2022, the multi-sporting event which is set to take place from 10th to 25th September 2022 in Hangzhou, Zhejiang, China will feature 40 sports with a total of 61 disciplines including several Olympic Sports.
i. Cricket (in T20 format ) is set to be featured in the Asian Games after 11 years.
ii. Following the approval from the Olympic Council of Asia (OCA), E-sports and breakdancing will debut in the 2022 Asian Games.
Note- Sony Pictures Networks India, (SPN), has acquired the exclusive rights for the 2022 Asian Games from November 2021 to September 2023. - National Payments Corporation of India (NPCI) observed ‘UPI Safety and Awareness Week’ on ____________.
1) 24th-30th January, 2022
2) 14th-20th February, 2022
3) 1st-7th February, 2022
4) 7th-14th February, 2022
5) 25th-31st January, 2022Answer-3) 1st -7th February, 2022
Explanation:
The National Payments Corporation of India (NPCI) has announced the observance of ‘UPI Safety and Awareness Week’ on February 1-7, 2022 and the whole of February as ‘UPI Safety and Awareness Month’. Along with NPCI, it will also be observed by leading banks and fintechs.
Note- UPI stands for Unified Payments Interface.
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