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Current Affairs Quiz: 28 June 2022

AffairsCloud brings you the complete and important daily Current Affairs 28 June 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. In June 2022, the ______ Anniversary of Pradhan Mantri Awas Yojana-Urban (PMAY-U) was celebrated by the Ministry of Housing and Urban Affairs (MoHUA).
      1) 7th
      2) 5th
      3) 8th
      4) 6th
      5) 9th
      Answer & Explanation
      Answer- 1) 7th
      Explanation:
      The Ministry of Housing and Urban Affairs (MoHUA) organised a virtual event to celebrate 7 years of Pradhan Mantri Awas Yojana-Urban (PMAY-U) to highlight the important initiatives implemented under PMAY-U Mission.
      i. Launched by the Prime Minister (PM) of India Narendra Modi on 25th June 2015, it is one of the largest urban housing programmes in the world.
      ii. An eBook ‘7 years of PMAY(U) 2015-2022’ was released by Secretary, MoHUA which is a compendium encapsulating the evolution and achievements of PMAY(U).
      iii. With a total investment of Rs 8.31 Lakh Crore, PMAY-U has so far sanctioned Rs 122.69 lakh, out of which more than 1 crore houses have been grounded and over 61 lakh houses have been completed and delivered to the beneficiaries.

    2. Swachh Bharat Mission (SBM)-Urban 2.0 recently (in June’22) launched the Revised Swachh Certification Protocols for ODF, ODF+, ODF++, and Water+ certifications.
      Swachh Bharat Mission (SBM)-Urban 2.0 comes under which ministry?

      1) Ministry of Rural Development
      2) Ministry of Panchayati Raj
      3) Ministry of Home Affairs
      4) Ministry of Jal Shakti
      5) Ministry of Housing and Urban Affairs
      Answer & Explanation
      Answer- 5) Ministry of Housing and Urban Affairs
      Explanation:
      Swachh Bharat Mission (SBM)-Urban 2.0, which is being implemented by the Ministry of Housing and Urban Affairs (MoHUA), has launched the Revised Swachh Certification Protocols for ODF (Open Defecation Free), ODF+, ODF++, and Water+ certifications.
      i. The launch event for the same was held at Nirman Bhavan, New Delhi (Delhi) which was chaired by Manoj Joshi, Secretary, Ministry of Housing and Urban Affairs (MoHUA).
      ii. The revised protocols are aligned with the objectives of SBM-2.0.

    3. In which city, Tata Power Solar Systems recently (in June’22) commission India’s largest floating solar power project?
      1) Jodhpur, Rajasthan
      2) Kurnool, Andhra Pradesh
      3) Tumkur, Karnataka
      4) Kayamkulam, Kerala
      5) Patan, Gujarat
      Answer & Explanation
      Answer-4) Kayamkulam, Kerala
      Explanation:
      Tata Power Solar Systems, a wholly-owned subsidiary of Tata Power, has commissioned India’s largest floating solar power project in Kayamkulam, Kerala on a 350-acre water body, backwaters area with an installed capacity of 101.6 Megawatt (MW) Peak.
      This project is the first one in the Floating Solar Photovoltaic (FSPV) through Power Purchase Agreement category. This plant boasts a floating inverter platform having a 5 Megawatt (MW) capacity.
      About Tata Power Solar:
      President, CEO – Ashish Khanna
      Headquarters – Mumbai, Maharashtra

    4. Recently (in June’22), the Government of India increased the upper age limit for the recruitment process for Agnipath Scheme for 2022 from 21 years to ______ years.
      1) 26 years
      2) 23 years
      3) 25 years
      4) 22 years
      5) 24 years
      Answer & Explanation
      Answer-2) 23 years
      Explanation:
      Amid the protest against Agnipath Scheme (to recruit soldiers only for 4 years), The government of India(GoI) has granted a one-time waiver for the proposed recruitment cycle for 2022 and increased the upper age limit for the recruitment process for Agnipath Scheme for 2022 from 21 years to 23 years.
      Previously, on the commencement of the scheme the entry age for all new recruits has been fixed as 17 and half to 21 years of age.
      i. Defence Minister Rajnath Singh has approved the proposal for 10% reservation in job vacancies in the Ministry of Defence for Agniveers meeting requisite eligibility criteria.
      ii. The 10% reservation will be implemented in the Indian Coast Guard (ICG) and defence civilian posts, and all the 16 Defence Public Sector Undertakings (PSUs). This reservation would be in addition to existing reservations for ex-servicemen.

    5. Name the bank that recently (in June’22) got approval from RBI to set up an operations support subsidiary.
      1) Canara Bank
      2) Bank of India
      3) State Bank of India
      4) Punjab National Bank
      5) Bank of Baroda
      Answer & Explanation
      Answer-3) State Bank of India
      Explanation:
      The State Bank of India (SBI) has received an in-principle approval from the Reserve Bank of India (RBI) for the establishment of an operations support subsidiary with the objective of lowering the cost-to-income ratio.
      i. The proposed subsidiary would undertake routine jobs, and its structure will include more technology and some people. According to the directions issued by the RBI, core functions such as the loan sanctioning process will remain within the bank since they can be outsourced.
      ii. SBI’s cost-to-income ratio increased by 240 basis points to 53.3 % in the Financial Year 2021–2022 (FY22) from FY19 levels.
      Note- The Bank of Baroda (BoB) was the first public sector bank to implement a similar operations support strategy.

    6. Which organisation/Ministry recently (in June’22) reduced the solvency margin requirement for general insurers doing crop business?
      1) Ministry of Agriculture & Farmers’ Welfare
      2) Insurance Regulatory and Development Authority of India
      3) Ministry of Finance
      4) National Bank for Agriculture and Rural Development
      5) General Insurance Corporation of India
      Answer & Explanation
      Answer- 2) Insurance Regulatory and Development Authority of India
      Explanation:
      Insurance Regulatory and Development Authority of India (IRDAI) has reduced the solvency margin requirement for general insurers doing crop business. This decision frees up a capital of Rs 1400 crore which will increase the capacity of general insurers to underwrite more business.
      i. This decision is part of a series of reforms it has undertaken to increase insurance penetration in the country. IRDAI has been relaxing the period of admissibility of premiums due from state governments for solvency purposes from 180 days to 365 days since 2017-18.
      ii. It has also reduced the capital required to be held by insurance companies offering policies under Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) by almost 50 per cent to enable insurers to offer more policies under the scheme.
      Note- Solvency margin refers to the difference between its value of assets and liability. Regulator fixes the solvency margin for insurers.

    7. Who recently (in June’22) won the ‘Miss India Worldwide 2022’ from the United Kingdom (UK)?
      1) Khushi Patel
      2) Karina Kohli
      3) Tanishq Sharma
      4) Shree Saini
      5) Madhu Valli
      Answer & Explanation
      Answer-1) Khushi Patel
      Explanation:
      According to the New-York based India Festival Committee (IFC), Khushi Patel, a biomedical student from the United Kingdom (UK), has been declared the winner of the Miss India Worldwide 2022, the longest-running Indian pageant outside of India. This is the 29th edition of the pageant. The previous event (28th edition) was held in 2019.
      i. Vaidehi Dongre from the United States was declared the 1st runner up while Shrutika Mane became the 2nd runner up.
      ii. Roshani Razack from Guyana was declared Miss Teen India Worldwide 2022. Navya Paingol from the US was the 1st runner up, while Chiquita Malaha from Suriname was the 2nd runner up.

    8. Who was recently (in June’22) appointed as a new Chairman of the Central Board of Direct Taxes (CBDT)?
      1) Sangeeta Singh
      2) Y.K. Singh
      3) Nitin Gupta
      4) Anuja Sarangi
      5) Pragya Sahay Saksena
      Answer & Explanation
      Answer- 3) Nitin Gupta
      Explanation:
      A Committee of Secretaries has selected Nitin Gupta as a new Chairman of the Central Board of Direct Taxes (CBDT), an apex body of the Income Tax department. His appointment was approved by the Appointment Committee of Cabinet (ACC).
      i. He will replace Sangeeta Singh who is an incumbent chairman of CBDT after JB Mohapatra, a full time chairman retired as the head of the direct taxes administration body on 30th April 2022.
      ii. Nitin Gupta is currently a Member of CBDT handling the charge of Investigation.He is the 1st CBDT Member after 3 years who is appointed for the independent charge of Investigation.

    9. Name the personality who was recently (in June’22) appointed as the Director-General of the New Development Bank (NDB)’s India Regional Office in GIFT City.
      1) Devashish Panda
      2) D J Pandian
      3) T. Venkatesh
      4) Rajendra Pratap Pandey
      5) Sanjay Kothari
      Answer & Explanation
      Answer-2) D J Pandian
      Explanation:
      New Development Bank (NDB), headquartered in Shanghai, China, has appointed Dr D J Pandian as the Director-General of its India Regional Office(IRO) in Gujarat International Finance Tec-City (GIFT City), Ahmedabad, Gujarat.
      i. Pandian has previously served as the Vice President and Chief Investment Officer of the Asia Infrastructure Investment Bank (AIIB) based in Beijing, China. He has also served as the Chief Secretary of Gujarat.
      ii. In May 2022, the NDB (formerly referred to as the BRICS (Brazil, Russia, India, China, and South Africa) Development Bank) announced its plan to open its regional office in India at GIFT City.

    10. From which country did NASA recently (in June’22) launch its 1st commercial rocket named “NASA Black Brant IX suborbital sounding rocket” in 27 years?
      1) Japan
      2) Madagascar
      3) Sri Lanka
      4) Australia
      5) Indonesia
      Answer & Explanation
      Answer- 4) Australia
      Explanation:
      The National Aeronautics and Space Administration (NASA), the space agency of the United States (US), launched a NASA Black Brant IX suborbital sounding rocket from the Arnhem Space Center(ASC) on the Dhupuma Plateau near Nhulunbuy in Australia.
      i. It was the first occasion that NASA had launched a rocket from the Northern Territory of Australia in 27 years, since 1995. It was also the agency’s first launch from a commercial spaceport outside of the United States.
      ii. Two of the three missions will focus on Alpha Centauri A and B, the nearest double-star systems to the Earth, at a distance of 4.3 light-years. The third will study X-rays emerging from the interstellar medium – the clouds of gases and particles in the space between stars.





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