AffairsCloud brings you the complete and important daily Current Affairs Quiz 25 August 2022 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 June 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.
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- Name the company that recently (in Aug ‘22) partnered with the Ministry of Health and Family Welfare (MoHFW) to help create digital health IDs under Ayushman Bharat Digital Mission.
1) Shriram General Insurance
2) Aditya Birla Health Insurance
3) Star Health & Allied Insurance
4) Kotak Mahindra General Insurance
5) Edelweiss General Insurance
Answer & Explanation
Answer- 5) Edelweiss General Insurance
Explanation:
Edelweiss General Insurance (EGI) has partnered with the Ministry of Health and Family Welfare (MoHFW) to help create digital health IDs under Ayushman Bharat Digital Mission for all in India.
i. The National Health Authority (NHA) is the apex body responsible for implementing this program under the Ayushman Bharat Digital Mission.
- Which ministry recently (in Aug ‘22) signed an MoU with the Ministry of Ayush to provide technical support for the digitalization of the Ayush Sector under the Ayush Grid Project for 3 years?
1) Ministry of Rural Development
2) Ministry of Electronics and Information Technology
3) Ministry of Skill Development and Entrepreneurship
4) Ministry of Science and Technology
5) Ministry of Housing and Urban Affairs
Answer & Explanation
Answer- 2) Ministry of Electronics and Information Technology
Explanation:
The Ministry of Electronics and Information Technology (MeitY) signed an MoU with the Ministry of Ayurveda, Yoga & Naturopathy, Unani, Siddha and Homoeopathy (Ayush) (MOA), to provide technical support to the Ministry of Ayush for digitalization of Ayush Sector under the Ayush Grid Project for a period of 3 years.
i. The advisory inputs on the Ayush Grid project was chaired and co-chaired by a High-Level Advisory Committee (HLAC) and Secretary MeitY respectively.
ii. The Ministry of Ayush launched the Ayush Grid Project in the year 2018 in order to create a backbone for the IT sector.
iii. Ayush Ministry had developed a thought-provoking ‘Ayush Grid’ Project as part of the Digital India Program. It holds the ‘Information and Technology’ to transform operational efficiency.
- Name the airport that was recently (in Aug ‘22) launched the beta version of the DigiYatra app for Android.
1) Cochin International Airport Limited
2) Chennai International Airport Limited
3) Delhi International Airport Limited
4) Sardar VallabhBhai Patel International Airport Limited
5) Kempegowda International Airport Limited
Answer & Explanation
Answer-3) Delhi International Airport Limited
Explanation:
Delhi International Airport Limited (DIAL) launched the beta version of the DigiYatra app for Android. DIAL is among the first few airports to introduce this system in India.
i. It installed the facility at Terminal 3 of Delhi Airport and conducted its trials.
ii. The customer’s face would act as their documents, like ID proof, Vaccine proof and also act as a boarding pass.
iii. ‘DigiYatra’ is a Biometric Enabled Seamless Travel experience (BEST) based on Facial Recognition Technology.
- Which of the following points is ‘Incorrect’ with respect to the monthly Bulletin released by the Reserve Bank of India (RBI)?
A) RBI became a net seller of the United States (US) currency in June 2022 after it sold USD 3.719 billion on a net basis.
B) Maharashtra accounted for the highest share in the total cost of projects sanctioned by banks and financial institutions in 2021-22, retaining the top place for 2 consecutive years.
C) RBI also released a ‘Discussion Paper on Charges in Payment Systems’ referring to how some payment mechanisms charge consumers while others do not.
1) Only A
2) Only B
3) Only C
4) Only A & B
5) Only B & C
Answer & Explanation
Answer- 2) Only B
Explanation:
The Reserve Bank of India (RBI) released the August 2022 issue of its monthly Bulletin stating that the apex bank turned net seller of the United States (US) currency in June 2022 after it sold USD 3.719 billion on a net basis.
i. In June 2022, RBI purchased USD 18.96 billion from the spot market and sold USD 22.679 billion.
ii. Rajasthan accounted for the highest share in the total cost of projects sanctioned by banks and financial institutions in 2021-22, retaining the top place for two consecutive years.
It was followed by Uttar Pradesh and Gujarat.
iii. RBI also released a ‘Discussion Paper on Charges in Payment Systems’ referring to how some payment mechanisms charge consumers while others do not.
- Which company recently (in Aug ‘22) partnered with the BASIX Social Enterprise Group to launch BASIX Farmers’ Market (BFM), an agritech platform?
1) Discover Financial Services
2) American Express
3) MasterCard
4) Capital One
5) Visa Inc
Answer & Explanation
Answer-3) MasterCard
Explanation:
BASIX Social Enterprise Group launched BASIX Farmers’ Market (BFM), an agritech platform, in partnership with Mastercard.
i. The launch of BFM is an extension of Mastercard Farm Pass, a rural and agriculture digitization solution that serves more than 3.5 lakh farmers across five states in India including 1 million farmers globally.
ii. It also promotes 200 Farmer Producer Organisations (FPO) under SMART Project in partnership with the Maharashtra State Rural Livelihood Mission.
- Which insurance company recently (in Aug ‘22) partnered with Universal Sompo General Insurance to offer insurance against home loans?
1) PNB Housing Finance Limited
2) Gic Housing Finance Limited
3) Can Fin Homes Limited
4) Repco Home Finance Limited
5) LIC Housing Finance Limited
Answer & Explanation
Answer-4) Repco Home Finance Limited
Explanation:
Universal Sompo General Insurance Company Limited, a non-life Insurer partnered with Chennai-based Repco Home Finance Limited (RHFL) to offer insurance against home loans.
i. Under this partnership, affordable insurance solutions will also be provided by Universal Sompo General Insurance like Group Credit Protection, Long-Term Fire and Personal Accident policies to Repco’s customers.
ii. Objective – To offer simple and value-added products to Repco’s customers along with best insurance solutions through seamless and innovative digitized initiatives.
- Name the bank that recently (in Aug ‘22) launched a new pre-qualified credit card along with an overdraft facility against Fixed Deposit (FD).
1) Indian Bank
2) Punjab National Bank
3) Bank of Baroda
4) Bank of India
5) Canara Bank
Answer & Explanation
Answer- 2) Punjab National Bank
Explanation:
State-owned Punjab National Bank (PNB) launched a new pre-qualified credit card along with an overdraft facility against Fixed Deposit (FD) .
i. Customers can benefit from the offering of the Loans Against Deposits (LAD) facility on offline deposits of the bank with a few clicks and a single OTP.
ii. The overdraft facility will be available for the customer’s salary account and they can apply through the mobile banking app PNB One or any other bank’s website.
- At what percentage, India’s GDP growth was projected for the Q1 (April-June) FY23 by the ICRA Limited rating agency?
1) 20%
2) 15%
3) 18%
4) 13%
5) 10%
Answer & Explanation
Answer-4) 13%
Explanation:
Gurugram (Haryana)-based rating agency ICRA Limited has projected India’s GDP (Gross Domestic Product) growth to increase a four-quarter high 13% in Q1 (April-June) FY23 due to low base of Covid 2.0 and robust recovery in contact-intensive services.
i. The GDP projection was 4.1% in Q4 FY22.
- Who was recently (in Aug ‘22) appointed as the first brand ambassador of Heads Up For Tails (HUFT)?
1) Shraddha Kapoor
2) Kiara Advani
3) Disha Patani
4) Kriti Sanon
5) Kartik Aaryan
Answer & Explanation
Answer-4) Kriti Sanon
Explanation:
Pet-care brand Heads Up For Tails (HUFT) has announced the bollywood actor Kriti Sanon, who is an animal lover, as their first brand ambassador.
i. HUFT aims to help remove hunger and provide health, safety, and shelter for street animals.
ii. Sanon committed to the foundation as a support to the mission focused by HUFT. She was also a HUFT customer for many years which made the foundation to pick her as its brand ambassador.
- Which of the following organizations jointly flight tested Vertical Launch Short Range Surface-to-Air Missile (VL-SRSAM) from Chandipur off the coast of Odisha in August 2022?
1) Defence Research & Development Organisation
2) Indian Navy
3) Hindustan Aeronautics Limited
4) Both 1 & 2
5) Both 2 & 3
Answer & Explanation
Answer- 4) Both 1 & 2
Explanation:
The Defence Research & Development Organisation (DRDO) & Indian Navy successfully flight tested Vertical Launch Short Range Surface-to-Air Missile (VL-SRSAM) from the Integrated Test Range (ITR), Chandipur off the coast of Odisha.
i. The test was carried out from an Indian Naval Ship (INS) against a high-speed unmanned aerial target.
ii. The missiles, equipped with indigenous Radio Frequency (RF) seeker, intercepted the target with high accuracy.
iii. VL-SRSAM is based on Astra Mark 1 air-to-air missile and it has been designed to strike high-speed airborne targets at the range of 40 to 50 km and at an altitude of around 15 km.
- Name the company that recently (in Aug ‘22) partnered with the Ministry of Health and Family Welfare (MoHFW) to help create digital health IDs under Ayushman Bharat Digital Mission.
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