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Current Affairs Quiz: 26 March 2022

AffairsCloud brings you the complete and important daily Current Affairs 26 March 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.

Our Current Affairs March 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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Top 10 Questions Based on Current Affairs 26 March 2022

  1. Which ministry recently (in March’22) launched “Dare2eraD TB,” Data-Driven Research to Eradicate TB?
    1) Ministry of Housing and Urban Affairs
    2) Ministry of Science & Technology
    3) Ministry of Women and Child Development
    4) Ministry of Health and Family Welfare
    5) Ministry of Home Affairs
    Answer & Explanation
    Answer-2) Ministry of Science & Technology
    Explanation:
    On the occasion of World Tuberculosis Day (24th March 2022), Dr Jitendra Singh, Union Minister of State (Independent Charge) Science & Technology, launched the Data-Driven Research to Eradicate TB- “Dare2eraD TB” by the Department of Biotechnology (DBT), Ministry of Science & Technology (MoS&T).
    i. The program was launched during the “STEP Up to End TB 2022” Summit organised on the occasion of World TB Day 2022.
    About Dare2eraD TB:
    The Dare2eraD TB programme will be based on Indian data, and the formation of a Genome Sequencing Consortium for Whole-Genome Sequencing (WGS) TB surveillance.

  2. In March 2022, the central government extended the timeline to ________ from 5 years for startups to convert debt investment into equity.
    1) 7 years
    2) 9 years
    3) 6 years
    4) 10 years
    5) 8 years
    Answer & Explanation
    Answer-4) 10 years
    Explanation:
    The Central Government has extended the timeline for startups to 10 years from 5 years to convert debt investment in a company into equity shares, from the day when initial convertible note was issued.
    i. This amendment was made during the review of the extent of FDI policy in India by the Department for Promotion of Industry and Internal Trade (DPIIT) where the entity announced various amendments.

  3. In which place the Ministry of Youth Affairs and Sports recently (in March’22) set up India’s 1st ever Sports Authority of India (SAI) National Centre of Excellence (NCOE) to train athletes in mountain terrain biking & bicycle motocross?
    1) Shimla, Himachal Pradesh
    2) Guwahati, Assam
    3) Aizawl, Mizoram
    4) Bhubaneswar, Odisha
    5) Pune, Maharashtra
    Answer & Explanation
    Answer-1) Shimla, Himachal Pradesh
    Explanation:
    The Ministry of Youth Affairs and Sports in collaboration with Department of Youth Services and Sports of Government of Himachal Pradesh, sets up India’s first-ever Sports Authority of India (SAI) National Centre of Excellence (NCOE) to train athletes in Mountain Terrain Biking (MTB) and Bicycle Motocross (BMX) in Shimla, Himachal Pradesh.
    i. NCOE is set up with an aim to provide world-class training facilities to Indian cyclists to compete for the 18 Olympic medals in the disciplines of MTB and BMX.
    About Sports Authority of India:
    Headquarters – New Delhi, Delhi
    Agency executive – Sandip Pradhan, Indian Revenue Service (IRS).

  4. In March 2022, Governor of RBI Shaktikanta Das, inaugurated the Reserve Bank Innovation Hub (RBIH) in Bengaluru, Karnataka.
    Who was appointed as the 1st chairman of RBIH?
    1) Vishal Sikka
    2) Narayana Murthy
    3) Kris Gopalakrishnan
    4) Nandan Nilekani
    5) S. D. Shibulal
    Answer & Explanation
    Answer-3) Kris Gopalakrishnan
    Explanation:
    The Governor of Reserve Bank of India (RBI), Shaktikanta Das, inaugurated the Reserve Bank Innovation Hub (RBIH) in Bengaluru, Karnataka. It has been set up as a Section 8 company under Companies Act, 2013, with an initial capital contribution of Rs 100 crore; and wholly owned subsidiary of the RBI.
    i. Senapathy (Kris) Gopalakrishnan, co-founder and former co-Chairman, Infosys, was earlier appointed as RBIH 1st Chairman.
    About Reserve Bank of India (RBI):
    Establishment– April 1, 1935
    Headquarters– Mumbai, Maharashtra
    Deputy Governors– Mahesh Kumar Jain, Michael Debabrata Patra, M. Rajeshwar Rao, T. Rabi Sankar

  5. Name the bank that recently (in March’22) signed a co-lending partnership with five Housing Finance Companies (HFCs) to provide affordable housing loans.
    1) Bank of Maharashtra
    2) State Bank of India
    3) Bank of Baroda
    4) ICICI Bank
    5) HDFC Bank
    Answer & Explanation
    Answer-2) State Bank of India
    Explanation:
    State Bank of India (SBI), India’s largest lender, has entered into a co-lending partnership with five Housing Finance Companies (HFCs) to provide affordable housing loans to the underserved and unserved sections of society as per Reserve Bank of India (RBI) guidelines.
    i. The five HFCs are: PNB Housing Finance, IIFL Home Finance, Shriram Housing Finance, Edelweiss Housing Finance, and Capri Global Housing Finance.
    ii. This tie-up will help to accelerate effective and affordable credit to economically weaker sections (EWS) and the informal sector & contribute to the Government of India’s vision of ‘Housing for All by 2024’.

  6. Which of the following banks/organizations are “Not” recently (in March’22) partnered with Reserve Bank Innovation Hub (RBIH) to promote financial inclusion of women through technology?
    1) Federal Bank
    2) Bank of Baroda
    3) Axis Bank
    4) ICICI Bank
    5) Avanti Finance
    Answer & Explanation
    Answer-4) ICICI Bank
    Explanation:
    The Federal Bank, Bank of Baroda & Axis Bank, Avanti Finance teamed up with Reserve Bank Innovation Hub (RBIH), a subsidiary of the Reserve Bank of India (RBI) to promote financial inclusion of women through technology.
    i. They will work as scale up partners for the 2nd phase of Swanari TechSprint programme. Swanari is ‘Swanirbhar Nari’ meaning ‘Self Reliant Lady’.

  7. Who was recently (in March’22) appointed as the interim Managing Director (MD) and CEO of CSB Bank for 3 months?
    1) B K Divakara
    2) Bhama Krishnamurthy
    3) Sumit Maheshwari
    4) Pralay Mondal
    5) Madhavan Menon
    Answer & Explanation
    Answer-4) Pralay Mondal
    Explanation:
    The Reserve Bank of India (RBI) has approved the appointment of Pralay Mondal as interim Managing Director (MD) and CEO of CSB Bank for a period of 3 months.
    i. The appointment is for a three month period which is effective from April 1, 2022 or till the appointment of a regular MD & CEO is made.
    ii. He is currently serving as the Deputy Managing Director of CSB Bank since his appointment in June 2021.
    About CSB Bank Limited:
    MD & CEO – Rajendran Chinna Veerappan
    Establishment – 1920 (celebrated its centenary year in 2020)
    Headquarters – Thrissur, Kerala

  8. Which country recently (in March ’22) test-fired the biggest intercontinental ballistic missile (ICBM) named “Hwasong-17”?
    1) North Korea
    2) Japan
    3) China
    4) Indonesia
    5) Russia
    Answer & Explanation
    Answer-1) North Korea
    Explanation:
    Hwasong-17: Intercontinental ballistic missile was test fired by North Korea and it is the biggest-yet Intercontinental Ballistic Missile (ICBM), Hwasong- 17 as per the orders of their Supreme leader Kim Jong Un.
    i. The Hwasong-17 was launched directly from a Transporter Erector Launcher (TEL) vehicle, with 11 axles.
    ii. The missile flew 1,090 km (681 miles) at a maximum altitude of 6,248.5 km (3,905 miles) and hit a target in the Sea of Japan after travelling 67.5 minutes in air.

  9. American computer scientist Steve Wilhite recently (in March’22) passed away. Which of the following was invented by Steve Wilhite in 1987?
    1) First Computer Network
    2) A-0 System
    3) Graphics Interchange Format
    4) FORTRAN
    5) First Computer Mouse
    Answer & Explanation
    Answer-3) Graphics Interchange Format
    Explanation:
    American computer scientist Steve Wilhite, who invented the Graphics Interchange Format (GIF) in 1987 has passed away due to COVID-19 complications in Milford, Ohio, United States of America (USA).
    i. Steve Wilhite was the Engineering Lead of the team at CompuServe, an American online service provider, which developed GIF.
    ii. He was one of the chief architects of AOL, formerly called America Online, one of the largest Internet-access companies.

  10. What is the theme of International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade 2022 that was observed across the globe by the UN on 25th March 2022?
    1) Injustice anywhere is a threat to justice everywhere
    2) Stories of Courage: Resistance to Slavery and Unity against Racism
    3) Ending Slavery’s Legacy of Racism: A Global Imperative for Justice
    4) Breaking the Silence, Lest We Forget
    5) The Transatlantic slave trade: The living legacy of 30 million untold stories
    Answer & Explanation
    Answer-2) Stories of Courage: Resistance to Slavery and Unity against Racism
    Explanation:
    The United Nations (UN)’s International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade is annually observed across the globe on 25th March to commemorate the memory of the victims of Transatlantic Slave Trade.
    i. The theme of 2022 International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade is “Stories of Courage: Resistance to Slavery and Unity against Racism”.
    ii. The first-ever International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade was observed on 25th March 2008.





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