Current Affairs Quiz: 2 June 2022

AffairsCloud brings you the complete and important daily Current Affairs 2 June 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.

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    1. Government of India recently (in May’22) has increased the insurance premium rates to ________ from Rs. 330 per annum for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and from Rs. 12 per annum to Rs. 20 per annum for ___________scheme.
      1) Rs. 389 per annum; Janshree Bima Yojana
      2) Rs. 436 per annum; Pradhan Mantri Suraksha Bima Yojana
      3) Rs. 523 per annum; Janshree Bima Yojana
      4) Rs. 436 per annum; Aam Aadmi Bima Yojana
      5) Rs. 523 per annum; Pradhan Mantri Suraksha Bima Yojana
      Answer & Explanation
      Answer-2) Rs. 436 per annum; Pradhan Mantri Suraksha Bima Yojana
      Explanation:
      The Government of India (GoI) has hiked the insurance premium rates for the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) to make them economically viable. The revision in premium rates is the first in seven years since the schemes’ commencement in 2015. The revised premium rates will be effective from June 1, 2022.
      i. In Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) has increased the insurance premium rates to Rs. 436 per annum from Rs. 330 per annum and from Rs. 12 per annum to Rs. 20 per annum respectively.
      ii. The premium rates for both schemes have been revised by making it Rs 1.25 per day.
      iii. In percentage terms, PMJJBY’s premium has increased by 32%, while PMSBY’s premium has increased by 67%.

    2. Which company recently (in May’22) signed an Rs. 2,971 crores Defence Contract with the Ministry of Defence for the Supply of ASTRA MK-I Beyond Visual Range (BVR) Air-to-Air Missile (AAM)?
      1) Bharat Electronics
      2) Hindustan Aeronautics Limited
      3) Defence Research and Development Organisation
      4) Bharat Dynamics Limited
      5) Indian Air Force
      Answer & Explanation
      Answer-4) Bharat Dynamics Limited
      Explanation:
      The Ministry of Defence (MoD) has inked a contract with Hyderabad-based public-sector Bharat Dynamics Limited (BDL) for the supply of ASTRA MARK (MK)-I Beyond Visual Range (BVR) Air-to-Air Missile (AAM) and related equipment to the Indian Air Force (IAF) and Indian Navy.
      i. The contract was signed under the Buy (Indian-Indian Designed, Developed, and Manufactured (IDDM)) category and is worth Rs. 2,971 crores. The project represents the spirit of ‘Aatmanirbhar Bharat,’ and will accelerate India’s transition towards self-sufficiency in Air-to-Air Missile (AAM).
      ii. The ASTRA MK-I BVR AAM was designed and developed indigenously by the MoD’s Defence Research and Development Organisation (DRDO) and It has a top speed of more than four times the speed of sound and a maximum altitude of 20 kilometres (km), making it extremely flexible for air combat. It can combat enemy fighter aircraft at ranges of up to 75 km.

    3. What is the Indian Air Force (IAF) rank globally according to the World Directory of Modern Military Aircraft (WDMMA)’s Global Air Powers Ranking (2022)?
      1) 2nd
      2) 6th
      3) 4th
      4) 3rd
      5) 5th
      Answer & Explanation
      Answer-2) 6th
      Explanation:
      According to the Global Air Powers Ranking (2022), the current ranking of various armed air services across the globe, released by the World Directory of Modern Military Aircraft (WDMMA), the Indian Air Force (IAF) has secured the 6th Global Rank.
      i. IAF has emerged as the 3rd strongest Air Force, only after the United States Air Force(USAF) and Russian Air Force.450
      Note- The formula produces the ‘TrueValueRating’ (TvR) helping to definitively separate each power based on – not only overall strength – but modernization, logistical support, attack and defense capabilities an so on.

    4. Which of the following points is ‘Incorrect’ with respect to the 75th annual Cannes film Festival 2022?
      1) An Indian Filmmaker from Delhi, Shaunak Sen’s ‘All That Breathes’ won the prestigious – 2022 L’Oeil d’Or (Golden Eye) for the best documentary at the 75th Cannes Film Festival.
      2) A Swedish comedy movie ‘Triangle of Sadness’ directed by Ruben Östlund won the Palme d’Or award 2022.
      3) The Movie Close won The Grand Prix (Ex Aequo) and The Eight Mountains movie won the Jury Prize (Ex Aequo) award.
      4) India has been named the first ‘Country of Honour’ at the Marche du Film or Cannes Market which was also organized alongside the Cannes Festival.
      5) Indian Actress Priyanka Chopra served as the jury member of 75th Cannes film Festival.
      Answer & Explanation
      Answer-5) Indian Actress Priyanka Chopra served as the jury member of 75th Cannes film Festival.
      Explanation:
      The 75th annual Cannes Film Festival was held at Cannes, France. Its official poster was designed as homage to American Film, The Truman Show (1998).
      An Indian Filmmaker from Delhi, Shaunak Sen’s ‘All That Breathes’ won the prestigious – 2022 L’Oeil d’Or (Golden Eye) for the best documentary at the 75th Cannes Film Festival. This film had earlier won the World Cinema Grand Jury Prize at the 2022 Sundance Film Festival.
      A Swedish comedy movie ‘Triangle of Sadness’ directed by Ruben Östlund won the Palme d’Or award 2022. The movie also won the Prix C.S.T. de l’Artiste-Technicien, 2022 award.
      The Movie Close won The Grand Prix (Ex Aequo) and The Eight Mountains movie won the Jury Prize (Ex Aequo) award.
      India has been named the first ‘Country of Honour’ at Marche du Film or Cannes Market which was also organized alongside Cannes Festival.
      Indian Actress Deepika Padukone served as the jury member of 75th Cannes film Festival.

    5. Who was recently (in May’22) appointed as the Managing Director(MD) and Chief Executive Officer(CEO) of the National Assets Reconstruction Company Ltd (NARCL)?
      1) Natarajan Chandrasekaran
      2) Karnam Sekar
      3) Padmakumar M Nair
      4) Malvika Sinha
      5) Natarajan Sundar
      Answer & Explanation
      Answer-5) Natarajan Sundar
      Explanation:
      Natarajan Sundar has been nominated Managing Director(MD) and Chief Executive Officer(CEO) of the National Assets Reconstruction Company Ltd (NARCL),the government-backed bad bank. He has been appointed to replace the incumbent chief executive officer Mr. Padmakumar M Nair.
      i. NARCL had appointed Karnam Sekar as independent director and non-executive chairman of the board.He is a former MD and CEO of Indian Overseas Bank and Dena Bank.
      ii. Malvika Sinha, retired executive director of RBI, also joined as independent director.

    6. Name the Indian Former Cricketer who is set to continue as Goodwill Ambassador of United Nations Children’s Fund (UNICEF) for a record 20th year.
      1) Harbhajan Singh
      2) Sachin Tendulkar
      3) Kapil Dev
      4) Sourav Ganguly
      5) Rahul Dravid
      Answer & Explanation
      Answer-2) Sachin Tendulkar
      Explanation:
      Indian former Cricketer Sachin Tendulkar is set to continue as Goodwill Ambassador of United Nations Children’s Fund (UNICEF) working towards the welfare of underprivileged children, for a record 20th year.
      i. He has been associated with UNICEF for over 2 decades and played a major role in furthering the campaigns aimed at the betterment of underprivileged children.
      ii. In 2003, UNICEF selected him to lead the initiative to create awareness and promote polio prevention in India.

    7. Name the Indian Naval Air Squadron (INAS) that was commissioned into the Indian Navy during an event in an Indian Naval Ship (INS) Utkrosh, Port Blair of Andaman and Nicobar Island in May 2022.
      1) INAS 325
      2) INAS 203
      3) INAS 316
      4) INAS 208
      5) INAS 125
      Answer & Explanation
      Answer-1) INAS 325
      Explanation:
      Indian Naval Air Squadron (INAS) 325, operating the indigenously built Advanced Light Helicopter (ALH) MK-III aircraft, was commissioned into the Indian Navy during an event in an Indian Naval Ship (INS) Utkrosh, Port Blair of Andaman and Nicobar Island.
      i. Lieutenant General Ajai Singh, Ati Vishisht Seva Medal (AVSM), Commander-in-Chief, Andaman and Nicobar, has commissioned the Indian Naval Air Squadron (INAS) 325 into the Indian Navy.
      ii. The ‘Eagle Owl’ is the name of the Indian Naval Air Squadron (INAS) 325 and the state-of-the-art multi-role helicopter has been developed and manufactured by Hindustan Aeronautical Limited (HAL), Bangalore,Karnataka. ALH is also known as the Dhruv helicopter or HAL Dhruv.

    8. What is the theme of Global Day of Parents 2022 that was observed across the globe by the United Nations (UN) on 1st June 2022?
      1) Honor Your Parents!”
      2) Ideal Parents Build Ideal World of Peace
      3) selfless commitment to children
      4) Appreciate All Parents Throughout the World
      5) Families, education and well-being
      Answer & Explanation
      Answer-4) Appreciate All Parents Throughout the World
      Explanation:
      The United Nations(UN)’s Global Day of Parents 2022 was observed across the globe on 1st June 2022 with the theme of “Appreciate All Parents Throughout the World”.
      i. The day is annually observed across the globe on 1st June to honour and appreciate the parents across the globe and to create awareness about the importance of quality parenting and family life in every child’s upbringing.
      ii. The first ever Global Day of Parents was observed on 1st June 2013.

    9. The World Milk Day 2022 was observed across the globe by the Food and Agriculture Organization of the United Nations(FAO) on __________.
      1) 1st June 2022
      2) 2nd June 2022
      3) 31th May 2022
      4) 30th May 2022
      5) 29th May 2022
      Answer & Explanation
      Answer-1) 1st June 2022
      Explanation:
      World Milk Day 2022 was observed across the globe by the Food and Agriculture Organization of the United Nations (FAO) on 1st June 2022 to recognize milk as global food and to celebrate the dairy industry and also aims to create awareness about the benefits of milk and dairy products highlighting the contribution of Dairy industries in providing livelihood to billions of people across the globe.
      i. The first-ever World Milk Day was observed on 1st June 2001.
      ii. As a part of the observance of the World Dairy Day 2022, the Enjoy Dairy Rally was organised from 29th May to 31st May 2022, culminating with World Milk Day.

    10. Name the state government that recently (in May ’22) signed an MoU with the India Post Payments Bank (IPPB) to obtain Digital Life Certificates from pensioners at their doorstep.
      1) Gujarat
      2) West Bengal
      3) Tamil Nadu
      4) Kerala
      5) Andhra Pradesh
      Answer & Explanation
      Answer-3) Tamil Nadu
      Explanation:
      The Tamil Nadu (TN) government has signed an MoU with the India Post Payments Bank (IPPB) to obtain life certificates from pensioners through the Postal Department’s Door Step Services.
      i. As per the MoU, the India Post Payments Bank (IPPB) would provide Door Step Services at a cost of Rs.70/- per Digital Life Certificate.
      ii. The TN Government has issued orders for five modes of Annual Mustering from July to September 2022, including the IPPB’s Door Step Services for obtaining Digital Life Certificates through the Jeevan Pramaan Portal, to relieve the old aged pensioners and family pensioners of the burden of coming in person.





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