AffairsCloud brings you the complete and important daily Current Affairs 20 April 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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- Which of the following points are correct with respect to the recent (in April’22) cabinet approval by the Union Cabinet?
A) Cabinet approves continuation of revamped Centrally Sponsored Scheme (CSS) of SVAMITVA from 01.04.2022 to 30.01.2024.
B) Cabinet also approves signing of Memorandum of Cooperation (MoC) between India and Japan for Decentralized Domestic Wastewater Management.
C) The Union Cabinet also approved the signing of a Bilateral MoU between Securities and Exchange Board of India (SEBI) and Manitoba Securities Commission, Canada.
1) Only A
2) Only C
3) Only A & B
4) Only B & C
5) All A, B & C
Answer & Explanation
Answer-4) Only B & C
Explanation:
Cabinet approves continuation of revamped Centrally Sponsored Scheme (CSS) of Rashtriya Gram Swaraj Abhiyan (RGSA) from 01.04.2022 to 31.03.2026.
Cabinet also approves signing of Memorandum of Cooperation (MoC) between India and Japan for Decentralized Domestic Wastewater Management.
The Union Cabinet also approved the signing of Bilateral Memorandum of Understanding (MoU) between Securities and Exchange Board of India (SEBI) and Manitoba Securities Commission, Canada.
Cabinet approves policy for use of land acquired under the Coal Bearing Areas (Acquisition & Development) Act, 1957.
Union Minister Pralhad Joshi, Ministry of Coal, launched a web portal to ensure real time reporting of accidents occuring in Coal Mines and The portal has been developed by Coal India Limited (CIL).
- Which country recently (in April’22) signed a 7-MoU for a project under the Indian Grant Assistance Scheme to implement a High Impact Community Development Project (HICDP)?
1) Bhutan
2) Maldives
3) Indonesia
4) Nepal
5) Australia
Answer & Explanation
Answer-2) Maldives
Explanation:
India and Maldives signed seven MoUs for projects to be built under the Indian grant assistance scheme for the High Impact Community Development Project (HICDP) through local bodies.
i. These projects are worth a total grant of 26.8 million Rufiyaa (equivalent to approximately USD 1.7 million), and will promote health, sports, youth empowerment & heritage preservation along with socio-economic development of Maldives.
ii. This signing of MoU was on the lines of the announcement made during the official visit of India’s Union Minister Subrahmanyam Jaishankar, Ministry of External Affairs (MEA) to Addu City, Maldives in March 2022.
- The Indian Coast Guard (ICG) recently (in April’22) commissioned the 1st Advanced Light Helicopter (ALH) MK-III squadron in Bhubaneswar, Odisha.
Which organistion manufactured the MK-III?
1) Defence Research and Development Organisation
2) Hindustan Aeronautics Limited
3) Bharat Electronics Limited
4) Indian Space Research Organisation
5) Bharat Dynamics Limited
Answer & Explanation
Answer-2) Hindustan Aeronautics Limited
Explanation:
The Indian Coast Guard (ICG) commissioned the 1st Advanced Light Helicopter (ALH) MK-III squadron in Bhubaneswar, Odisha.
i. Mk-III was manufactured by Hindustan Aeronautics Limited (HAL) and the role of ALH MK-III is suited for high altitude operations.
ii. The variants of Dhruv are classified as Dhruv Mk-I, Mk-II, Mk-III & Mk-IV.
- Which bank recently (in April ’22) raised USD 500 million through the International Financial Services Centre (IFSC) Gujarat International Finance Tec (GIFT) City branch?
1) HDFC Bank
2) Bank of Maharashtra
3) State Bank of India
4) Bank of India
5) ICICI Bank
Answer & Explanation
Answer-3) State Bank of India
Explanation:
State Bank of India (SBI), India’s largest commercial bank, has raised USD 500 million through a three-year syndicated loan facility, via its International Financial Services Centre (IFSC) Gujarat International Finance Tec (GIFT) City branch.
i. The facility is worth USD 400 million, with a USD 100 million green shoe option.
ii. The SBI’s Gift City branch has raised its first offshore USD Secured Overnight Financing Rate (SOFR) linked syndicated loan.
- In April 2022, RBI imposed a monetary penalty of ________ on Manappuram Finance Limited for Violating the Know Your Customer (KYC) and Prepaid Payment Instruments (PPI) Norms.
1) Rs 17.63 lakh
2) Rs 19.23 lakh
3) Rs 25.89 lakh
4) Rs 45.26 lakh
5) Rs 12.23 lakh
Answer & Explanation
Answer-1) Rs 17.63 lakh
Explanation:
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 17.63 lakh on Manappuram Finance Limited for non-compliance with certain provisions of the Master Direction on Issuance and Operation of Prepaid Payment Instruments (PPIs) dated October 11, 2017 (updated as on February 28, 2020) and the Master Direction – Know Your Customer (KYC) Direction dated February 25, 2016 (as updated on April 20, 2020).
i. The penalty has been imposed in exercise of powers vested in RBI under Section 30 of the Payment and Settlement Systems Act, 2007.
ii. Recently RBI has also imposed a monetary penalty of Rs 93 lakh on Axis Bank and Rs 90 lakh on IDBI Bank and penalty imposed in exercise of powers vested in RBI under the provisions of section 47 A (1) (c) read with section 46 (4) (i) of the Banking Regulation Act, 1949 (the Act).
- According to the National Statistical Office (NSO), India’s retail inflation rose to _______ in March 2022.
1) 2.45%
2) 3.24%
3) 6.95%
4) 4.23%
5) 5.23%
Answer & Explanation
Answer-3) 6.95%
Explanation:
The National Statistical Office (NSO) of the Ministry of Statistics and Programme Implementation (MoSPI) has released two key economic statistics, that revealed
i. Retail inflation in India, as measured by the Consumer Price Index (CPI), increased to 6.95% in March 2022.
ii. Manufacturing output of India, measured in terms of Index of Industrial Production (IIP), witnessed a growth of 1.7% in February 2022.
iii. The high rate of inflation in March 2022 was due to the Russia-Ukraine conflict.
- Name the personality from India who recently (in April ’22) topped the Hurun Global Healthcare Rich List 2022 and became the richest billionaire in the healthcare sector 2022.
1) Dilip Shanghvi
2) P.V. Ramprasad Reddy
3) Cyrus S. Poonawalla
4) Pankaj Patel
5) Yusuf Hamied
Answer & Explanation
Answer- 3) Cyrus S. Poonawalla
Explanation:
Dr Cyrus S. Poonawalla, Chairman and Managing Director of Serum Institute of India(SII) has topped the Hurun Global Healthcare Rich List 2022 and became the richest billionaire in the healthcare sector 2022.
i. He has topped the list with a new value of USD 26 billion (up 41%).
ii. Cyrus Poonawalla is followed by Thomas Frist Jr & Family of HCA Healthcare, Li Xiting and Xu Hang of Mindray at the 2nd position with a net value of USD 19 billion.
- Who was recently (in April’22) appointed as the 29th Chief of Army Staff (COAS) w.e.f from May 2022?
1) Deepak Kapoor
2) Vijay Kumar Singh
3) Bikram Singh
4) Dalbir Singh Suhag
5) Manoj Chandrashekhar Pande
Answer & Explanation
Answer-5) Manoj Chandrashekhar Pande
Explanation:
Government of India has appointed Vice Chief of Army Staff Lieutenant (Lt) General Manoj Chandrashekhar Pande as 29th Chief of Army Staff (COAS).
i. He will succeed General Manoj Mukund Naravane on May 1, 2022.
ii. Lt General Pande is currently serving as the Vice Chief of the Army Staff since February 1 2022 and he will be the first officer from the Corps of Engineers to become the COAS.
About Indian Army:-
Headquarters – Integrated Defence Headquarters, Ministry of Defence, New Delhi
Commander-in-Chief – President Ram Nath Kovind
- Who was recently (in April’22) appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of Digit Insurance?
1) Kamesh Goyal
2) Jasleen Kohli
3) Atish Mathur
4) Vijay Kumar
5) Jayanth Kohli
Answer & Explanation
Answer-2) Jasleen Kohli
Explanation:
Digit Insurance, one of India’s fastest-growing private general insurers, has appointed Jasleen Kohli as the new Managing Director (MD) and Chief Executive Officer (CEO) of the company effective from 20 April, 2022.
i. Kohli will take over from Vijay Kumar, who has held the position since the company was founded in 2017, and will retire on April 19, 2022.
About Digit Insurance:
Chairman – Kamesh Goyal
Headquarters – Bengaluru, Karnataka
- When was World Liver Day 2022 observed across the globe?
1) 17th April 2022
2) 15th April 2022
3) 18th April 2022
4) 16th April 2022
5) 19th April 2022
Answer & Explanation
Answer-5) 19th April 2022
Explanation:
World Liver Day 2022 was observed across the globe on 19th April 2022 to create awareness about various liver-related diseases and conditions and the importance of the liver which plays a vital role in the human digestive system.
i. The day also aims to motivate people to adopt a healthy lifestyle.
ii. The liver is the largest solid organ and the largest gland in the human body.
- Which of the following points are correct with respect to the recent (in April’22) cabinet approval by the Union Cabinet?
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