AffairsCloud brings you the complete and important daily Current Affairs 26 & 27 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.
- In December 2021, the Central Government has appointed ______ sub-committees to lower crop Insurance premiums under ________________.
1) 2; Pradhan Mantri Krishi Sinchai Yojana
2) 4; Paramparagat Krishi Vikas Yojana
3) 2; Pradhan Mantri Fasal Bima Yojana
4) 4; Pradhan Mantri Krishi Sinchai Yojana
5) 3; Pradhan Mantri Fasal Bima Yojana
Answer & ExplanationAnswer-3) 2; Pradhan Mantri Fasal Bima Yojana
The Central government has appointed 2 sub-committees to lower crop insurance premiums under the flagship scheme Pradhan Mantri Fasal Bima Yojana (PMFBY).
i. 1st Committee is a ten-member committee under scientist KR Manjunath of ISRO to explore the feasibility of adoption of various technology-based approaches
ii. The 2nd committee is headed by joint secretary in the Ministry of Finance Saurabh Mishra to conduct cost benefit analysis of all accepted models & any profit-loss sharing model & it also provides financial projections for next 5 years.
- Which Organization signed an MoU with the Government of West Bengal (in Dec’21) to develop the MSME Ecosystem in the state?
5) EXIM Bank
Answer & ExplanationAnswer-1) SIDBI
The Small Industries Development Bank of India (SIDBI) signed a MoU with the government of West Bengal to develop the MSME ecosystem in the state.
Chairman & MD – Sivasubramanian Ramann
Establishment – April 1990
Headquarters – Lucknow, Uttarpradesh
- Which Bank recently (in Dec’21) entered into the 4th co-lending arrangement with Lendingkart to improve the flow of credit to the unserved & underserved sector of the economy?
1) Central Bank of India
2) Bank of Maharashtra
3) Punjab National Bank
4) Bank of India
5) Bank of Baroda
Answer & ExplanationAnswer-3) Punjab National Bank
Punjab National Bank (PNB) has entered into the 4th co-lending arrangement with Lendingkart Finance Limited (Lendingkart) to improve the credit flow to the unserved and underserved sector of the economy.
i. The partnership under this co-lending arrangement will result in significant disbursement under Priority Sector Lending.
About Punjab National Bank(PNB):
MD & CEO– S. S. Mallikarjuna Rao
Headquarters- New Delhi, Delhi
- Which of the following was recently (in Dec’21) declared as an Essential Commodity till 30th June 2022 by the Central Government?
1) Cottonseed meal
2) Soya Meal
5) Palm oil
Answer & ExplanationAnswer-2) Soya Meal
The Central Government has notified the order under the Essential Commodities Act to declare ‘Soya Meal’ as an Essential Commodities up to 30th June 2022 by amending the Schedule of the Essential Commodities Act, 1955, to cool down the domestic prices of Soya Meal.
i. The Centre has also imposed stock holding limits on soya meal, which is used as a raw material in the poultry feed industry, till June 30, 2022, to curb hoarding and control price rise.
- In December 2021, Which Bank won the CII Digital Transformation Award 2021 under the category ‘Most Innovative Best Practice’?
1) Federal Bank
2) HDFC Bank
3) YES Bank
4) ICICI Bank
5) Axis Bank
Answer & ExplanationAnswer-2) HDFC Bank
HDFC Bank has been selected under ‘Most Innovative Best Practice’ at the coveted Confederation of Indian Industry (CII) Digital Transformation Award 2021 or CII DX Award 2021.
i. It will be recognized for the HDFC’s efforts in world class financial inclusion in Village Level Executive (VLE) centres along with Government of India’s Common Service Centres (CSC).
About Confederation of Indian Industry (CII):
President- Mr. T V Narendran
Director General – Mr. Chandrajit Banerjee
Headquarters – New Delhi
- Name the Indian skier who recently (in Dec’21) won a Bronze medal at the FIS Alpine Skiing Competition 2021 held at Montenegro.
1) Neha Ahuja
2) Shailaja Kumar
3) Hira Lal
4) Aanchal Thakur
5) Alessia Dipol
Answer & ExplanationAnswer-4) Aanchal Thakur
Ace Indian skier Aanchal Thakur has won a Bronze medal at the FIS Alpine Skiing Competition in Montenegro.
i. Aanchal has become the first Indian Ski athlete to win two medals at international level.
About FIS Alpine World Ski Championships:
i. The FIS Alpine World Ski Championships is an alpine skiing competition held biennially organized by the International Ski Federation (FIS).
ii. The championship was inaugurated in 1931
- Name the billiards player who recently (in Dec’21) won his 7th National Billiards Title during 88th National Billiards and Snooker Championships 2021?
1) Babar Masih
2) Pankaj Advani
3) Aditya Mehta
4) Dhruv Sitwala
5) Geet Sethi
Answer & ExplanationAnswer-2) Pankaj Advani
Pankaj Advani won the National Billiards and Snooker Championships 2021 by defeating Dhruv Sitwala in a 5-2 game final that was held in Bhopal, Madhya Pradesh (MP). The National Billiards Title 2021 is his 11th Title.
i. The 88th National Billiards and Snooker Championships 2021, held at Bhopal, MP. It was organized by the Billiards and Snooker Federation of India (BSFI).
- Who Authored the Book, “The Modi Gambit: Decoding Modi 2.0”?
1) Andy Marino
2) Sanju Verma
3) R. Balashankar
4) Aakar Patel
5) Shashi Tharoor
Answer & ExplanationAnswer- 2) Sanju Verma
Sanju Verma has authored a new book titled “The Modi Gambit: Decoding Modi 2.0”.
i. The book features the various achievements in the last 2 years of Prime Minister(PM) Narendra Modi’s 2nd term as PM of India.
ii. The foreword of the book is written by Padma Shri Mohandas Pai and the Afterword is written by ace journalist Anand Narasimhan, Managing Editor at CNN News 18.
- Which of the following points are correct with respect to the Good Governance Day?
A) Every year Good Governance Day is observed across India on 25th December to mark the birth anniversary of Former PM Lal Bahadur Shastri.
B) The 1st observance of Good Governance Day was made on 25th December 2014, while 2021 marks 8th Good Governance Day.
C) Lal Bahadur Shastri was the 1st PM since Indira Gandhi to have become the PM of India with 2 successive mandates.
1) Only A
2) Only B
3) Only C
4) Only A & B
5) All A, B & C
Answer & ExplanationAnswer-2) Only B
i. Every year Good Governance Day is observed across India on 25th December to mark the birth anniversary of Former PM Atal Bihari Vajpayee.
ii. The 1st observance of Good Governance Day was made on 25th December 2014 ,while 2021 marks 8th Good Governance Day.
iii. Atal Bihari Vajpayee was the 1st PM since Jawaharlal Nehru to have become the PM of India with 2 successive mandates.
Note- Good Governance Week was celebrated from 20th to 25th December 2021 with the theme of “Prashasan Gaon Ki Aur”
- Which State recently (in Dec’21) signed a MoU with HOP Electric Mobility to Set Electric Vehicle Manufacturing Unit?
1) Tamil Nadu
Answer & ExplanationAnswer-3) Rajasthan
HOP Electric Mobility signed an MoU with the Rajasthan Government to set up an EV Manufacturing plant in Jaipur, Rajasthan.
i. The deal to set up a production unit in Jaipur was signed at Rajasthan Pavilion in November 2021 during the Dubai Expo 2021 and is expected to build a unit that can produce approximately 1.8 lakh vehicles per annum.