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Current Affairs Quiz: 22 July 2022

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AffairsCloud brings you the complete and important daily Current Affairs 22 July 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. Name the country that recently (in July’22) signed an MoU with India for wildlife conservation and sustainable biodiversity utilization.
      1) South Africa
      2) Namibia
      3) Angola
      4) Zambia
      5) Zimbabwe
      Answer-2) Namibia
      Explanation:
      Union Minister Bhupender Yadav, Ministry of Environment, Forests and Climate Change (MoEF&CC), Government of India (GoI) and Mrs.Netumbo Nandi-Ndaitwah, Deputy Prime Minister (PM) of Namibia and Minister of International Relations and Cooperation, Government of the Republic of Namibia, have signed a landmark MoU on Wildlife Conservation and Sustainable Biodiversity Utilization.
      i. The MoU will allow Cheetahs to be transported to India for historic reintroduction, and this unique intercontinental translocation would be the first of its kind in the world.

    2. Which of the following points is ‘Incorrect’ with respect to the 3rd edition of the India Innovation Index 2021 released by NITI Aayog in July 2022?
      A) Maharashtra has topped the Major States category in the 3rd edition of India Innovation Index 2021, followed by Kerala and Tamil Nadu.
      B) Among the North-Eastern India Innovation Index 2021 and Hilly States, Manipur tops as the best performer, followed by Uttarakhand and Meghalaya.
      C) In the Union Territories and City-States, Chandigarh is the top performer, followed by Delhi.

      1) Only A
      2) Only B
      3) Only C
      4) Only A & B
      5) Only B & C
      Answer-1) Only A
      Explanation:
      Suman Bery, Vice Chairman of NITI Aayog (National Institution for Transforming India), released the third edition of the India Innovation Index 2021 at NITI Bhawan in New Delhi, Delhi.
      Karnataka has topped the Major States’ category in the 3rd edition of India Innovation Index 2021, followed by Telangana and Haryana.
      Among the North-Eastern India Innovation Index 2021 and Hilly States, Manipur tops as the best performer, followed by Uttarakhand and Meghalaya.
      For the Union Territories and City-States, Chandigarh is the top performer, followed by Delhi.
      Every year, the NITI Aayog and its knowledge partner, the Institute for Competitiveness, India, publish the India Innovation Index.

    3. Which organisation recently (in July’22) released a report ‘Digital Banks: A proposal for Licensing and Regulatory Regime for India’?
      1) NITI Aayog
      2) Securities and Exchange Board of India
      3) Reserve Bank of India
      4) National Bank for Agriculture and Rural Development
      5) Insurance Regulatory and Development Authority
      Answer-1) NITI Aayog
      Explanation:
      The Central Government think tank, National Institution for Transforming India (NITI) Aayog releases its report on digital banks, titled ‘Digital Banks: A proposal for Licensing and Regulatory Regime for India’ offering a template and roadmap for licensing and regulatory regime for India.
      i. The report was released by NITI Aayog Vice Chairman Suman Bery; and CEO (Chief Executive Officer) Parameswaran Iyer; and Senior Adviser Anna Roy, in the presence of other officials.
      ii. As per the report, Digital Business bank may be required to bring in Rs 20 crore of minimum paid-up capital in the restricted phase.
      iii. Upon progression from the sandbox a full-scale Digital Business bank will be required to bring in Rs 200 crore.

    4. The GoI recently (in July’22) launched a “Jute Mark India logo” which will act as a certification of authenticity for jute products manufactured in India.
      Where is the headquarter of National Jute Board, the nodal agency for the promotion of Indian Jute?

      1) Ahmedabad, Gujarat
      2) New Delhi, Delhi
      3) Kanpur, Uttar Pradesh
      4) Kolkata, West Bengal
      5) Guwahati, Assam
      Answer-4) Kolkata, West Bengal
      Explanation:
      The Government of India (GoI) launched a “Jute Mark India logo” which will act as a certification of authenticity for jute products manufactured in India. Jute Mark India (JMI) scheme will offer a collective identity and assurance of origin and quality for traditional jute and jute products. The logo was released by Union Textile Secretary Upendra Prasad Singh.
      i. JMI is implemented during the ongoing Jute promotion and development scheme 2022- 2026 with a total financial outlay of Rs 485.58 crore from the GoI.
      ii. National Jute Board (headquartered in Kolkata, West Bengal), the nodal agency of the Ministry of Textiles, is responsible for the promotion of jute and jute products in India and abroad. NJB is instituted under the National Jute Board Act-2008. The Secretary of the Union Ministry of Textiles is the ex-officio Chairman of NJB.

    5. Which organisation recently (in July’22) approved 5 new projects, worth USD 875 million for Various Departments in Brazil, China & India?
      1) World Bank
      2) International Monetary Fund
      3) Asian Development Bank
      4) African Development Bank
      5) New Development Bank
      Answer- 5) New Development Bank
      Explanation:
      The New Development Bank (NDB) has approved 5 new projects, worth USD 875 million, for water, sanitation, eco-tourism and transport. This investment will support investment commitment by Brazil, China and India toward Sustainable Development Goals (SDG).
      i. Brazil – NDB will channel USD 300 million for the projects that will be implemented by São Paulo state utility SABESP, a water and sanitation company.
      ii. China – NDB approved invested EUR 265 million for the expansion of the Lanzhou Zhongchuan International Airport and Renminbi (RMB) 805 million.
      iii. India – NDB has approved USD 79 million for the Meghalaya Ecotourism Infrastructure Development project.

    6. Who was recently (in July’22) appointed as the Managing Director (MD) of the National Bank for Financing Infrastructure & Development (NaBFID) by the recommendation of the Financial Services Institutions Bureau (FSIB)?
      1) Ashish Chauhan
      2) Vikram Limaye
      3) G. Mahalingam
      4) Manoj Kumar
      5) Rajkiran Rai G
      Answer- 5) Rajkiran Rai G
      Explanation:
      The Financial Services Institutions Bureau (FSIB) has recommended Rajkiran Rai G, Former Managing Director(MD) of Union Bank of India, for the position of MD at the National Bank for Financing Infrastructure and Development (NaBFID).
      i. He is the first ever candidate to be recommended by FSIB, an autonomous professional body tasked to identify the persons for appointment as Whole Time directors (WTDs) and non-executive chairpersons (NEC) in public sector banks, public sector insurers and financial institutions.
      ii. NaBFID is a newly created Development Finance Institution (DFI) which aims to support the development of long-term non-recourse infrastructure financing.
      Note- FSIB had subsumed the Banks Board Bureau, which now ceases to exist.

    7. In July 2022, Mario Draghi resigned from his Prime Minister position in which country?
      1) Norway
      2) Sweden
      3) Poland
      4) Italy
      5) Spain
      Answer-4) Italy
      Explanation:
      The Prime Minister (PM) of Italy, Mario Draghi submitted his resignation to President Sergio Mattarella after the withdrawal of support of key coalition parties.
      i. He will remain as the caretaker Prime Minister until a new leader is appointed. The legislature’s current 5-year term is due to expire in 2023.
      ii. The new election will be held at the end of September and beginning of October 2022. However the official dissolution of parliament was not announced by the President.
      iii. He was sworn in as the Prime Minister of Italy in February 2021. ii.Prior to his appointment as PM, he served as President of the European Central Bank (ECB) between 2011 and 2019.

    8. Name India’s first indigenous human passenger pilotless drone launched by Prime Minister Narendra Modi in July 2022.
      1) Vikram
      2) Varuna
      3) Nirma
      4) Swapna
      5) Veera
      Answer-2) Varuna
      Explanation:
      Prime Minister (PM) Narendra Modi unveiled the pilotless drone “Varuna” -India’s first indigenous human passenger drone during Naval Innovation and Indigenisation Organisation (NIIO) seminar ‘Swavlamban’ at Dr Ambedkar International Centre in New Delhi, Delhi.
      i. It was developed by a start-up, Sagar Defence Engineering. It has the capacity of carrying one human inside.
      ii. The Prime Minister addressed the Naval Innovation and Indigenisation Organisation (NIIO) seminar ‘Swavlamban’ which took place at Dr Ambedkar International Centre in New Delhi.
      About Varuna:
      i. It has a range of 25 kms with a carrying capacity of payload of 130 kgs and around 25-33 minutes of flight time.
      ii. There are four auto-pilot models which help the drone to continue flying even if some fans fail to function.

    9. Former cricketer ‘Barry Sinclair’ recently (in July’22) passed away. He is the former captain of which country?
      1) South Africa
      2) England
      3) New Zealand
      4) Australia
      5) West Indies
      Answer- 3) New Zealand

      Explanation:
      Former New Zealand cricket captain and batter Barry Sinclair passed away at the age of 85 in Wellington, New Zealand.
      i. He captained the team in 3 Tests, initially taking over from injured Murray Chapple on the 2nd Test against England at Dunedin in 1966, retaining them for the final Test of the series at Auckland, and for the next Test against India.

    10. When was 1st ever International Moon Day 2022 observed across the globe by the United Nations (UN) with the theme of ‘Lunar Exploration Coordination & Sustainability’?
      1) 20 July 2022
      2) 18th July 2022
      3) 21st July 2022
      4) 17th July 2022
      5) 19th July 2022
      Answer- 1) 20 July 2022
      Explanation:
      United Nations(UN) designated 1st International Moon Day 2022 celebrated on 20 July 2022 to commemorate the anniversary of the first landing of the lunar surface by humans on July 20, 1969, with the United States’ Apollo 11 mission.
      The Theme for International Moon Day 2022- ‘Lunar Exploration Coordination & Sustainability’.
      Apollo 11 moon landing:
      i. On 20 July 1969, American astronauts, Commander Neil Armstrong and lunar module pilot Buzz Aldrin landed the Apollo 11 Lunar Module (LM) “Eagle” and conducted the moonwalk. They became the first humans to ever step foot on the lunar surface.