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Current Affairs Quiz: 27 & 28 March 2022

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AffairsCloud brings you the complete and important daily Current Affairs 27 & 28 March 2022 Quiz to achieve more marks in Banking, Insurance, UPSC, SSC, CLAT, Railways and 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 27 & 28 March 2022

  1. Which of the following is “Incorrect” with respect to the 2nd edition of the Export Preparedness Index (EPI) 2021 that was released in March 2022?
    1) National Institution for Transforming India (NITI Aayog), in partnership with the Institute of Competitiveness released the 2nd edition of the EPI 2021.
    2) Maharashtra has retained the top position in the overall ranking with its total share in exports accounting for 18.9% as of 2020-2021.
    3) Gujarat has emerged as the top-performing state in the ‘Coastal States’ category, followed by Maharashtra and Karnataka.
    4) In the category of Landlocked States, Haryana was the best-performing state, followed by Uttar Pradesh, Madhya Pradesh.
    5) Among the Himalayan States and UT, Uttarakhand and Delhi are the top-performing states respectively.
    Answer-2) Maharashtra has retained the top position in the overall ranking with its total share in exports accounting for 18.9% as of 2020-2021.
    Explanation:
    National Institution for Transforming India (NITI Aayog), in partnership with the Institute of Competitiveness, released the 2nd edition of the Export Preparedness Index (EPI) 2021.
    i. Gujarat has retained the top position in the overall ranking with its total share in exports accounting for 20.83% as of 2020-2021.
    ii. Among the Himalayan States and UT, Uttarakhand and Delhi are the top-performing states respectively.
    iii. Gujarat has emerged as the top-performing state in the ‘Coastal States’ category, followed by Maharashtra and Karnataka. Most of the coastal states are among the best performers.
    iv. In the category of Landlocked States, Haryana was the best-performing state, followed by Uttar Pradesh, Madhya Pradesh, Punjab, Telangana.

  2. Name the security exercise that was conducted by Western Naval Command in western Offshore Development Area (ODA) off Mumbai.
    1) Ekatah
    2) Maiden
    3) Prasthan
    4) La Perouse
    5) Paschim Lehar
    Answer-3) Prasthan
    Explanation:
    The Western Naval Command on 23 March 2022, conducts offshore security exercise ‘Prasthan’ in B-193 platform of Oil and Natural Gas Corporation (ONGC) in Offshore Development Area (ODA) off Mumbai (located about 38 nm west of Mumbai).
    i. The bi-annual exercise aims to assess the readiness of the stakeholders involved in offshore defence to respond to contingencies in the Western Offshore Development Area (ODA) in a coordinated manner.
    About Western Naval Command:
    Headquarters – Mumbai,Maharashtra
    Flag Officer Commanding-in-Chief – Vice Admiral Ajendra Bahadur Singh, AVSM, VSM
    Branch – Indian Navy

  3. Name the ministry that recently (in March’22) signed an MoU with Indian Institute of Entrepreneurship to enhance the impact of the Start-up Village Entrepreneurship Programme (SVEP).
    1) Ministry of Panchayati Raj
    2) Ministry of Housing and Urban Affairs
    3) Ministry of Labour and Employment
    4) Ministry of Rural Development
    5) Ministry of Road Transport and Highways
    Answer-4) Ministry of Rural Development
    Explanation:
    The Indian Institute of Entrepreneurship (IIE), Guwahati, Assam under the Ministry of Skill Development and Entrepreneurship (MSDE) signed an MoU with the Ministry of Rural Development (MoRD).
    i. Objective- The MoU was signed to promote entrepreneurship at a local level amongst the rural youth.
    ii. IIE will act as a National Resource Organisation (NRO) for the SVEP and will provide support to the State Rural Livelihoods Mission (SRLM) for the implementation.

  4. The Ministry of Ayush recently (in March’22) signed an agreement with the World Health Organization (WHO) to set up the Global Centre for Traditional Medicine (WHO-GCTM) in _________, Gujarat.
    1) Rajkot
    2) Vadodara
    3) Gandhinagar
    4) Ahmedabad
    5) Jamnagar
    Answer-5) Jamnagar
    Explanation:
    The Ministry of Ayush (MoA), Government of India signed an agreement with the World Health Organization (WHO) to set up the Global Centre for Traditional Medicine (WHO-GCTM) in Jamnagar, Gujarat.
    i. The onsite launch of the new WHO -GCTM will take place on April 21, 2022.
    ii. The Government of India invested USD 250 million in the GCTM.
    About World Health Organization (WHO):
    Director-General- Dr Tedros Adhanom Ghebreyesus
    Headquarters- Geneva, Switzerland
    Founded- 1948

  5. Which company recently (in March’22) signed an agreement with Sri Lanka’s Navy to build a floating dock?
    1) Cochin Shipyard Ltd
    2) Goa shipyard Ltd
    3) Hindustan Shipyard Ltd
    4) Garden Reach Shipbuilders & Engineers Ltd
    5) Mazagon Dock Shipbuilders Ltd
    Answer-2) Goa shipyard Ltd
    Explanation:
    In a significant development of India-Sri Lanka bilateral ties, the Goa shipyard Limited inks an agreement with the Government of Sri Lanka to build a Floating Dock with the valuation of $ 20 Million.
    i. The Floating dock will be established at the Trincomalee Naval DockYard, Sri Lanka within a span of 30 months as a grant from India.
    ii. At present the Sri Lankan Navy’s dry docks can only facilitate the underwater repairs and services of vessels and boats that weigh less than 350 tonnes.
    About Goa Shipyard Limited:
    Headquarters – Vasco da Gama, Goa
    Chairman & Managing Director (CMD) – Cmde Bharat Bhushan Nagpal

  6. Which organisation recently (in March’22) signed an MoU with Meghalaya Infrastructure Development and Finance Corporation Ltd to develop the MSME ecosystem?
    1) ASSOCHAM
    2) National Securities Depository Limited
    3) National Small Industries Corporation
    4) SIDBI
    5) NABARD
    Answer-4) SIDBI
    Explanation:
    The Small Industries Development Bank of India (SIDBI) has signed an MoU with Meghalaya Infrastructure Development and Finance Corporation Limited (MiDFC), Government of Meghalaya.
    i. Under the MoU, SIDBI and the Government of Meghalaya will work in tandem to facilitate the development of the Micro Small and Medium Enterprises (MSME) ecosystem in Meghalaya.
    ii. SIDBI has acquired 7.84% stake in Open Network for Digital Commerce (ONDC), an open public digital infrastructure framework entity, through an investment of Rs.10 crore.
    About Small Industries Development Bank of India (SIDBI):
    Chairman & Managing Director – Sivasubramanian Ramann
    Establishment – 2nd April 1990
    Headquarters – Lucknow, Uttar Pradesh

  7. Name the company that recently partnered with Max Life Insurance to launch the “Max Life Smart Secure Plus Plan” to provide financial protection for digitally-savvy customers.
    1) PhonePe
    2) BharatPe
    3) Paytm
    4) Freecharge
    5) MobiKwik
    Answer-1) PhonePe
    Explanation:
    Max Life Insurance Co. Ltd Partners with PhonePe to launch its ‘Max Life Smart Secure Plus Plan’ for its customers. It is a non-linked non-participating individual pure risk premium life insurance plan on the PhonePe app to enhance financial protection for digitally-savvy customers.
    i. The license for direct broking was granted to PhonePe by Insurance Regulatory and Development Authority of India (IRDAI). It allows the selling of insurance on the respective apps.
    ii. The customers of PhonePe can avail comprehensive financial coverage for their families with premiums starting from ₹4,426 annually.

  8. Which mutual fund company recently (in March’22) launched India’s 1st Defence Fund?
    1) Axis Mutual Fund
    2) Edelweiss Mutual Fund
    3) HDFC Mutual Fund
    4) IDBI Mutual Fund
    5) HSBC Mutual Fund
    Answer- 3) HDFC Mutual Fund
    Explanation:
    HDFC Mutual Fund has filed a scheme information document (SID) with the Securities and Exchange Board of India (SEBI) to launch HDFC Defence Fund, India’s first Defence Fund.
    i. This open-ended equity scheme will be investing in defence & allied sector companies ( aerospace, explosives, shipbuilding, industries /stocks present on the SIDM (Society of Indian Defence Manufacturers).
    ii. This fund will be benchmarked to the recently introduced Nifty India Defence Index TRI (Total Returns Index).

  9. Which company recently (in March’22) introduced a 19-seater aircraft, “Hindustan 228,” and planned to deploy it under the UDAN Scheme?
    1) Bharat Dynamics Ltd
    2) Hindustan Aeronautics Ltd
    3) ISRO
    4) DRDO
    5) Bharat Electronics Ltd
    Answer-2) Hindustan Aeronautics Ltd
    Explanation:
    Hindustan Aeronautics Limited (HAL) Indian state-owned aerospace and defence company, introduced a 19-seater aircraft ‘Hindustan 228’ in a first of its kind attempt to develop small civil transport aircraft under the Ude Desh Ka Aam Naagrik (UDAN) scheme.
    The design of Hindustan 228 is based on the Germany based Dornier GmbH Aircraft. In 1983, Hindustan Aeronautics Limited (HAL) acquired a production licence for the Dornier 228 and manufactured the aircraft for the Asian market.
    About UDE DESH KA AAM NAAGRIK (UDAN) scheme:
    i. The Ude Desh Ka Aam Naagrik (UDAN) scheme was launched as a Regional Connectivity Scheme(RCS) under the Ministry of Civil Aviation in 2016.
    ii. It is a regional airport development programme of upgrading underserved air routes.

  10. Which of the following points are correct with respect to the Shaheed Diwas 2022/Martyr’s Day ?
    1) Shaheed Diwas 2022 was observed across India on 25th March to pay tribute to Bipin Chandra Pal, Lala Lajpat Rai and Bal Gangadhar Tilak who were hanged to death in 1921 in the Central Jail at Lahore.
    2) Shaheed Diwas 2022 is being organized by Nehru Yuva Kendra Sangathan (NYKS) by focussing on the theme ‘Tribute to Revolutionaries’.
    3) PM Narendra Modi virtually inaugurated the Biplobi Bharat Gallery at Victoria Memorial Hall at Kolkata, West Bengal.
    4) Only 1 & 2
    5) Only 2 & 3
    Answer-5) Only 2 & 3
    Explanation:
    Shaheed Diwas 2022 was observed across India on 23rd March to pay tribute to Bhagat Singh, Rajguru and Sukhdev who were hanged to death in 1931 in the Central Jail at Lahore.
    i. Shaheed Diwas 2022 is being organized by Nehru Yuva Kendra Sangathan (NYKS) by focussing on the theme ‘Tribute to Revolutionaries’.
    ii. PM Narendra Modi virtually inaugurated the Biplobi Bharat Gallery at Victoria Memorial Hall at Kolkata, West Bengal.