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Current Affairs Quiz: 25 December 2021

AffairsCloud brings you the complete and important daily Current Affairs 25 December 2021 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 2021 updates.

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Top 10 Questions Based on Current Affairs 25 December 2021

  1. Under DAY-NRLM Scheme PM Narendra Modi recently (in Dec’21) transferred Rs 1000 crore into the bank accounts of which group in Uttar Pradesh?
    1) Women Self Help Groups
    2) Tribal Groups
    3) Farmer Producer Organizations
    4) Both 1 & 2
    5) Both 2 & 3
    Answer & Explanation
    Answer-1) Women Self Help Groups
    Explanation:
    Narendra Modi, Prime Minister(PM) of India transferred Rs 1000 crore into the bank accounts of the women Self Help Groups (SHGs) in UP.
    i. The amount was transferred under the Deendayal Antyodaya Yojana- National Rural Livelihood Mission (DAY-NRLM).
    ii. 80000 SHGs received a Community Investment Fund (CIF) of Rs 1.10 lakh per SHG and 60000 SHGs received a Revolving Fund of Rs 15000 per SHG.

  2. As per the “2019 Anti-Doping Rule Violations (ADRVs)” Report , _____ Tops the list with 167 ADRVs while India secured ______ rank with 152 ADRVs.
    1) Russia; 3rd
    2) Italy; 5th
    3) Russia; 4th
    4) Brazil; 5th
    5) Italy; 3rd
    Answer & Explanation
    Answer-1) Russia; 3rd
    Explanation:
    As per the “2019 Anti-Doping Rule Violations (ADRVs)” Report , Russia Tops the list with 167 ADRVs while India secured 3rd rank among dope violators in the world with 152 (17 % of the world total) ADRVs.
    i. The report was published by World Anti Doping Agency (WADA) & the report was compiled based on decisions received by WADA before 31 January 2021.

  3. In December 2021, RBI extended the card-on-file (CoF) tokenization deadline upto _________, while ‘Tokenization’ was issued based on the directives of RBI’s Payment and Settlement Systems Act, _______.
    1) 1st April 2022; 2007
    2) 31st March 2022; 2005
    3) 30th June 2022; 2007
    4) 1st May 2022; 2005
    5) 30th July 2022; 2008
    Answer & Explanation
    Answer-3) June 2022; 2007
    Explanation:
    The Reserve Bank of India (RBI) extended the card-on-file (CoF) tokenization deadline by 6 months i.e. to June 30, 2022.
    i. Cause for extending the deadline: Industry bodies including Merchant Payments Alliance of India (MPAI) and the Alliance of Digital India Foundation (ADIF) had sent representations to the RBI seeking an extension of the deadline.
    ii. Tokenization was issued based on the directives of RBI’s Payment and Settlement Systems Act, 2007.
    Note- Earlier the deadline was fixed till December 31, 2021.

  4. Which of the following points are correct with respect to the restructuring of the advisory committees by SEBI in December 2021?
    A) SEBI rearranged the Secondary Market Advisory Committee (SMAC) with Zerodha’s co-founder & CEO Nithin Kamath as new inductees to the 17 Member panel.
    B) SEBI Inducted Saurabh Jain, Aditya Agarwal & Aarati Krishnan as New members of the 24 Member Mutual Fund Advisory Committee.
    C) Information Systems Security Committee (ISSC) & Corporate Bonds Securitization Advisory Committee (CoBoSAC) headed by H Krishnamurthy & G Mahalingam respectively.
    1) Only A
    2) Only B
    3) Only C
    4) Only A & C
    5) All A, B & C
    Answer & Explanation
    Answer-5) All A, B & C
    Explanation:
    SEBI rearranged the Secondary Market Advisory Committee (SMAC) with Zerodha’s co-founder & CEO Nithin Kamath as newly inductees in the 17 Member panel.
    i. In the Mutual Fund Committee, SEBI Inducted Saurabh Jain, Aditya Agarwal & Aarati Krishnan as New members in the 24 Members.
    ii. Information Systems Security Committee (ISSC) & Corporate Bonds Securitization Advisory Committee (CoBoSAC) headed by H Krishnamurthy & G Mahalingam respectively.

  5. In December 2021, India signed agreements with KfW Development bank for 140 million Euro loan & 2 million Euro grant for an energy reform programme in which state?
    1) Maharashtra
    2) Andhra Pradesh
    3) Madhya Pradesh
    4) West Bengal
    5) Uttar Pradesh
    Answer & Explanation
    Answer-3) Madhya Pradesh
    Explanation:
    The Government of India signed agreements with the German based KfW Development bank for a 140 million Euro reduced interest loan & 2 million Euro grant for an energy reform programme in Madhya Pradesh (MP).
    About KfW Development bank:
    CEO- Stefan Wintels
    Headquarters- Frankfurt, Germany

  6. In December 2021, Which Company launched co-branded credit cards for navy personnel along with the Indian Navy?
    1) Fedbank Financial Services
    2) HDFC Financial Services
    3) BOB Financial Solutions
    4) Geojit Financial Services
    5) AS Finance Solutions
    Answer & Explanation
    Answer-3) BOB Financial Solutions
    Explanation:
    BOB Financial Solutions Ltd, a wholly-owned subsidiary of Bank of Baroda, and the Indian Navy have launched a co-branded credit card for navy personnel.
    i. Eligibility: A navy personnel up to the age of 64 years will be eligible to choose from 3 variants of the co-branded credit card.
    About BOB Financial Solutions Ltd:
    Establishment – 1994
    Headquarters – Mumbai, Maharashtra
    MD & CEO – Shailendra Singh

  7. Which organization recently (in Dec’21) conducted the Flight-Test of Indigenous High-speed Expendable Aerial Target called ‘Abhyas’?
    1) Indian Navy
    2) DRDO
    3) ISRO
    4) Indian Army
    5) HAL
    Answer & Explanation
    Answer-2) DRDO
    Explanation:
    DRDO successfully conducted the flight test of indigenously developed High-speed Expendable Aerial Target (HEAT) called Abhyas, Integrated Test Range (ITR), Chandipur off the coast of Odisha.
    Developed by – Aeronautical Development Establishment (ADE), DRDO laboratory along with other laboratories.
    i. The aircraft is controlled by a ground-based controller and an indigenously developed Micro-Electromechanical System (MEMS) based Inertial Navigation System

  8. Name the Indian Navy Ship (INS) that was decommissioned after 32 years of service at Visakhapatnam, Andhra Pradesh in December 2021.
    1) INS Vijaydurg
    2) INS Khukri
    3) INS Viraat
    4) INS Surat
    5) INS Vikrant
    Answer & Explanation
    Answer-2) INS Khukri
    Explanation:
    INS Khukri (Pennant number 49), the first indigenously built Missile Corvette, was decommissioned after 32 years of service at Visakhapatnam, Andhra Pradesh.
    The warship was built by the Mazagon Dock Shipbuilders (MSD) & Commissioned on 23rd August 1989 and had been part of both the Western and Eastern Fleets.

  9. Every year National Consumer Day is observed across India on __________.
    1) 21st December
    2) 24th December
    3) 22nd December
    4) 25th December
    5) 23rd December
    Answer & Explanation
    Answer-2) 24th December
    Explanation:
    Bharatiya Grahak Diwas or National Consumer Day is annually observed across India on 24th December to create awareness about consumer rights and responsibilities.
    The day also commemorates the enactment of the Consumer Protection Act, 1986, which received assent from the President of India on 24th December 1986.
    The National Consumer Day is also known as National Consumer Rights Day.
    The theme of National Consumer Day 2021 is “Consumer – Know your Rights”.

  10. Which State government launched the “CM Dashboard 360” a monitoring system (in Dec’21) to track all welfare schemes?
    1) Tamil Nadu
    2) West Bengal
    3) Kerala
    4) Karnataka
    5) Andhra Pradesh
    Answer & Explanation
    Answer-1) Tamil Nadu
    Explanation:
    The Tamil Nadu government launched the Chief Minister (CM) Dashboard monitoring system, “CM Dashboard Tamil Nadu 360” in Chennai.
    i. It will enable CM to track all welfare schemes, including the status of their implementation, fund allocation and the number of beneficiaries along with updates on the storage of water in dams and rainfall patterns.
    About Tamil Nadu:
    Governor – R. N. Ravi
    Bird Sanctuaries – Kanjirankulam Birds Sanctuary, Chitrangudi Birds Sanctuary, Koonthankulam-Kadankulam Birds Sanctuary
    Festivals – Puthandu(Tamil New Year), Chithirai Thiruvizha, Karthigai Deepam





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