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Current Affairs Quiz: 25 May 2022

AffairsCloud brings you the complete and important daily Current Affairs 25 May 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. Which ministry recently (in May’22) inaugurated India’s first Centre of Excellence for Khadi(CoEK) in New Delhi, Delhi?
      1) Ministry of Commerce and Industry
      2) Ministry of Micro, Small and Medium Enterprises
      3) Ministry of Skill Development and Entrepreneurship
      4) Ministry of Textiles
      5) Ministry of Labour and Employment
      Answer & Explanation
      Answer-2) Ministry of Micro, Small and Medium Enterprises
      Explanation:
      Narayan Rane, Union Minister for Micro Small and Medium Enterprises(MSMEs) inaugurated India’s first Centre of Excellence for Khadi(CoEK) in New Delhi, Delhi.
      i. The CoEK is set up at the National Institute of Fashion Technology(NIFT) as a hub in Delhi and spokes in Bangalore, Gandhinagar, Kolkata, and Shillong.
      ii. Khadi and Village Industries Commission (KVIC) has collaborated with National Institute of Fashion Technology (NIFT) to set up the CoEK in NIFT, New Delhi, Delhi. The MoU regarding this was signed in 2021.

    2. Which of the following points are correct with respect to the 5th session of the Conference of the Parties (COP15) of the United Nations Convention to Combat Desertification (UNCCD) held in May 2022?
      A) The 15th session of the COP15 of the UNCCD, which was hosted by Côte d’Ivoire for the first time in Abidjan on the theme “Land. Life. Legacy: From scarcity to prosperity”.
      B) In the conference, the Indian delegation was led by the Union Minister Bhupender Yadav, Ministry of Environment, Forest and Climate Change (MoEF&CC).
      C) The UNCCD COP15 adopted 38 decisions and also 3 Declarations were issued during COP15.

      1) Only A
      2) Only B
      3) Only A & B
      4) Only B & C
      5) All A, B & C
      Answer & Explanation
      Answer-5) All A, B & C
      Explanation:
      The 15th session of the Conference of the Parties (COP15) of the United Nations Convention to Combat Desertification (UNCCD), which was hosted by Côte d’Ivoire for the first time in Abidjan on the theme “Land. Life. Legacy: From scarcity to prosperity”.
      i. The Indian delegation was led by the Union Minister Bhupender Yadav, Ministry of Environment, Forest and Climate Change (MoEF&CC) which highlighted the developments during India’s presidency.
      India hosted the UNCCD COP-14 on September 2-13, 2019, at New Delhi, Delhi and is serving as its President for 2019-2022.
      ii. The UNCCD COP15 adopted 38 decisions, including on tenure, migration and gender that highlight the role of land in addressing multiple crises and 3 Declarations issued during COP15

    3. Which country hosted the Shanghai Cooperation Organisation Regional Anti-Terrorist Structure (SCO-RATS) summit in May 2022?
      1) China
      2) Kazakhstan
      3) Uzbekistan
      4) Tajikistan
      5) India
      Answer & Explanation
      Answer-5) India
      Explanation:
      India hosted the Shanghai Cooperation Organisation Regional Anti-Terrorist Structure (SCO-RATS) summit 2022 in New Delhi, Delhi from 17th to 19th May 2022.
      i. India’s National Security Council Secretariat (NSCS) under NSA Ajit Doval organised the SCO-RATS Summit 2022 and the member states of SCO discussed boosting cooperation in combating various regional security challenges.
      ii. The major focus of the meeting was on the situation in Afghanistan and dealing with the threat from terror groups active in the country ruled by the Taliban.

    4. In May 2022, RBI set up a 6-member Committee to Review Customer Service Standards in RBI Regulated Entities (REs).
      The committee will be headed by whom?

      1) Atul Kumar Goel
      2) A S Ramasastri
      3) Rajeshri N Varhadi
      4) Bibhu Prasad Kanungo
      5) Amitha Sehgal
      Answer & Explanation
      Answer-4) Bibhu Prasad Kanungo
      Explanation:
      The Reserve Bank of India (RBI) has announced the formation of a 6 member Committee for Review of Customer Service Standards in RBI Regulated Entities (REs). The committee will examine and review the state of customer service in REs, as well as the adequacy of customer service regulations, and make recommendations to improve customer service. It will submit its report within three months from the date of its first meeting.
      i. As a response, the RBI has formed a committee that includes the following members: Bibhu Prasad Kanungo, former Deputy Governor, RBI – Chairperson

    5. Which bank recently (in May ’22) launched Co-Branded Credit Cards for Chemists, Pharmacies along with Retailio?
      1) RBL Bank
      2) YES Bank
      3) HDFC Bank
      4) Axis Bank
      5) ICICI Bank
      Answer & Explanation
      Answer-3) HDFC Bank
      Explanation:
      HDFC Bank, one of India’s major private banks, has announced the launch of a new range of co-branded credit cards targeted primarily at chemists and pharmacies in the merchant segment, in collaboration with Retailio, India’s largest B2B pharma marketplace.
      i. The partnership aims to provide superior value and improve the customer experience, and it is expected to reach around 1.4 lakh merchants in its first phase.

    6. As per the Department for Promotion of Industry and Internal Trade (DPIIT), the foreign direct investment (FDI) equity inflows into India decreased marginally at ________ in FY22.
      1) $ 58.77 billion
      2) $ 55.12 billion
      3) $ 59.63 billion
      4) $ 56.90 billion
      5) $ 57.12 billion
      Answer & Explanation
      Answer-1) $ 58.77 billion
      Explanation:
      In accordance with the data from the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry (MoCI) showed, the foreign direct investment (FDI) equity inflows into India contracted marginally by 1 per cent to $58.77 billion (~ INR 437,188 Crores) during FY22 as compared to $59.63 billion(~INR 442,569 Crores) during FY21.
      i. However, total foreign direct investment into India rose by 1.95% to the highest ever $83.57 billion in 2021-22.
      ii. During 2021-22, Singapore was at the top investor in India with $15.87 billion followed by the United States-US, Mauritius, the Netherlands, Cayman Islands ($3.81 billion), and the United Kingdom-UK ($1.65 billion).

    7. Which of the following Indian personalities were among the list of 100 Most Influential People of 2022 published by TIME magazine in May 2022?
      1) Gautam Adani
      2) Karuna Nundy
      3) Mukesh Ambani
      4) Both 1 & 2
      5) Both 1 & 3
      Answer & Explanation
      Answer-4) Both 1 & 2
      Explanation:
      Gautam Adani, Chairman and founder of the Adani Group, Supreme Court lawyer and public activist Karuna Nundy and Kashmiri rights activist Khurram Parvez were among the list of 100 Most Influential People of 2022 published by TIME magazine, an American news magazine. The list has been divided into six categories: Icons, Pioneers, Titans, Artists, Leaders and Innovators.
      Gautam Adani’s Adani Group is the World’s 6th largest economy. Adani has been listed under the Titans category of the list.
      Karuna Nundy is a champion of women’s rights who has worked to reform the antirape laws.
      Khurram Parvez, Chairperson of the Asian Federation against Involuntary Disappearances. He has fought against human rights violations and injustices in the Kashmir region and Karuna Nundy and Khurram Parvez were listed under the Leaders category.

    8. Who was recently (in May’22) appointed as the 22nd Lieutenant Governor (LG) of the National Capital Territory of Delhi (NCT-Delhi)?
      1) Vinai Kumar Saxena
      2) Najeeb Jung
      3) Anil Baijal
      4) Tejendra Khanna
      5) Banwari Lal Joshi
      Answer & Explanation
      Answer-1) Vinai Kumar Saxena
      Explanation:
      The President of India, Ram Nath Kovind, appointed Vinai Kumar Saxena as the 22nd Lieutenant Governor (LG) of the National Capital Territory of Delhi (NCT-Delhi). Saxena replaced the Incumbent LG Anil Baijal, who resigned due to ‘Personal Reasons’.
      i. Vinai Kumar Saxena is the current Chairman of the Khadi and Village Industries Commission (KVIC), an organisation under the Ministry of Micro, Small and Medium Enterprises (MoMSMEs). He was appointed in October 2015.

    9. What is the theme of 22nd World Turtle Day that was observed across the globe on 23rd May 2022?
      1) Save Turtles and Tortoises
      2) Adopt, Don’t Shop
      3) Turtles Rock!
      4) Shellebrate!” Asks Everyone to Love and Save Turtles
      5) Help Turtles
      Answer & Explanation
      Answer-4) Shellebrate!” Asks Everyone to Love and Save Turtles
      Explanation:
      The 22nd World Turtle Day was observed across the globe on 23rd May 2022 with the theme of “Shellebrate!” Asks Everyone to Love and Save Turtles.
      i. The day was observed to create awareness about the plight of turtles and tortoises and their natural habitats. ATR and World Turtle Day were established by a husband and wife duo, Susan Tellem and Marshall Thomspon.
      ii. Turtles in India: All the five species of sea turtles occurring in India, including the Olive Ridley turtles, are legally protected under Schedule I of the Wildlife Protection Act, 1972 and Appendix I of the CITES Convention which prohibits the trading of turtle products.

    10. ___________ becomes the 1st Indian State to Roll Out Commercial Drone Services in the Healthcare Sector.
      1) Karnataka
      2) Odisha
      3) West Bengal
      4) Uttarakhand
      5) Uttar Pradesh
      Answer & Explanation
      Answer-4) Uttarakhand
      Explanation:
      Redcliffe Labs, a unit of Redcliffe Lifetech Inc based in the United States of America (USA), has opened its commercial drone corridor between Uttarkashi and Dehradun in the State of Uttarakhand. This will be the first commercial drone flight in India’s healthcare sector.
      The project was a part of Redcliffe and Skye Air collaboration for using drones and in the recent past approx. 40 successful trials have been done in the Northern parts of India.





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