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- Which of the following organisations recently (in May ’22) launched the first Global Report on Assistive Technology (GReAT) jointly?
1) International Monetary Fund
2) United Nations Children’s Fund
3) World Health Organisation
4) Both 1 & 2
5) Both 2 & 3
Answer & Explanation
Answer-5) Both 2 & 3
Explanation:
The World Health Organisation (WHO) and United Nations Children’s Fund (UNICEF) jointly launched the first Global Report on Assistive Technology (GReAT) which is the culmination of the 71st World Health Assembly (WHA) resolution in 2018 to prepare a global report on effective access to Assistive Technology (AT).
i. As per the report, 90% of those who need AT do not have access to it globally. Including AT into health systems is critical for progress towards the targets in the Sustainable Development Goals (SDG) relating to Universal Health Coverage (UHC).
ii. A billion people globally are currently estimated to be in need of AT. This is projected to double by 2050(i.e. likely to rise above 3.5 billion by 2050), with an ageing population and increasing prevalence of non-communicable diseases.
- What is the net-worth requirement to set up non-bank Bharat Bill Payment Operating Units (BBPOU) according to the Reserve Bank of India norms released in May 2022?
1) Rs 80 crore
2) Rs 50 crore
3) Rs 25 crore
4) Rs 75 crore
5) Rs 100 crore
Answer & Explanation
Answer-3) Rs 25 crore
Explanation:
The Reserve Bank of India (RBI) eased norms for non-bank entities to set up BBPOU (Bharat Bill Payment Operating Units) by reducing the net-worth requirement to Rs 25 crore from Rs 100 crore. This will encourage more players in this segment.
i. These guidelines by the apex bank were issued in exercise of its powers conferred under section 10 (2) read with Section 18 of the Payment and Settlement Systems Act, 2007 (Act 51 of 2007).
ii. These will immediately come into effect.
- As per the Moody’s latest update (as of May’22) to Global Macro Outlook 2022-23, India’s GDP forecast was lowered to ______ for 2022 from 9.1% projected in March 2022.
1) 8.9%
2) 8.2%
3) 8.5%
4) 7.9%
5) 8.8%
Answer & Explanation
Answer-5) 8.8%
Explanation:
The global rating agency Moody’s in its latest update to Global Macro Outlook 2022-23, Moody’s, a global integrated risk assessment agency, lowered India’s economic growth forecast to 8.8% for the calendar year 2022 from 9.1% projected in March 2022. It has retained India’s growth forecast at 5.4% for 2023. According to Moody’s, Inflation is projected to be around 6.8% in 2022 and 5.2% in 2023.
- Which company recently (in May ’22) became the first exploration and production (E&P) company to trade domestic gas on the Indian Gas Exchange(IGX)?
1) Indian Oil Corporation Limited
2) Bharat Petroleum Limited
3) Oil and Natural Gas Corporation
4) Hindustan Petroleum Limited
5) Oil India Limited
Answer & Explanation
Answer- 3) Oil and Natural Gas Corporation
Explanation:
Oil and Natural Gas Corporation (ONGC) has become the first exploration and production (E&P) company to trade domestic gas on the Indian Gas Exchange (IGX).
i. The first online trade was made by Anurag Sharma, ONGC Director (Onshore) & In-charge Marketing on India’s first Automated national level IGX.
ii. ONGC has traded unspecified volumes from its Krishna Godavari (KG)-DWN-98/2 block, located off the shore of the Godavari Delta on the east coast of India.
- In May 2022, Adani Defence Systems and Technologies Ltd acquired _______ stake in General Aeronautics Private Ltd.
1) 25%
2) 45%
3) 20%
4) 50%
5) 35%
Answer & Explanation
Answer- 4) 50%
Explanation:
Adani Defence Systems and Technologies Ltd, the wholly owned subsidiary of Adani Enterprises Limited (AEL) signed a definitive agreement to acquire 50% stake in Bengaluru (Karnataka)-based startup General Aeronautics Private Ltd.
i. The acquisition is expected to be completed by July 31, 2022.
ii. Adani Defence Systems and Technologies will utilize its military drone and AI-Artificial Intelligence/ML-Machine Learning capabilities and work with General Aeronautics for providing end-to-end solutions for the domestic agricultural sector.
- According to the latest edition (as of May ’22) of the SBI Ecowrap report, At what percentage, India’s Gross Domestic Product (GDP) growth is projected for FY22?
1) 8.1%-8.4%
2) 8.4%-8.7%
3) 8.2%–8.5%
4) 8.0%- 8.3%
5) 8.3%- 8.6%
Answer & Explanation
Answer-3) 8.2% – 8.5%
Explanation:
In its latest edition, the State Bank of India’s (SBI) research report Ecowrap, has projected India’s Gross Domestic Product (GDP) growth at 8.2% – 8.5% for FY22. According to the report, Q4FY22 growth is projected to be 2.7%.
i. The report highlighted that the Central Statistics Office (CSO) had forecasted Q4 GDP at Rs. 41.04 lakh crore & FY22 real GDP growth at Rs 147.7 lakh crore, representing a 1.7% increase above pre-pandemic levels.
- The Ministry of Commerce & Industry recently (in May ’22) launched Indian Business Portal – An International Trade Hub for Indian Exporters and Foreign Buyers.
Which organisation/Institutes developed the “Indian Business Portal” along with GlobalLinker?
1) IIM Ahmedabad
2) Federation of Indian Export Organisation
3) ASSOCHAM
4) IIM–Bangalore
5) Federation of Indian Chambers of Commerce & Industry
Answer & Explanation
Answer-2) Federation of Indian Export Organisation
Explanation:
Union Minister of State for Commerce & Industry Smt. Anupriya Patel launched the Indian Business Portal – An International Trade Hub for Indian Exporters and Foreign Buyers in New Delhi.
i. Federation of Indian Export Organisation (FIEO) in partnership with GlobalLinker, has designed and developed the “Indian Business Portal” which would serve as an International Trade Hub to connect Indian Exporters with Foreign/Overseas Merchants.
ii. It is a B2B digital marketplace to empower SME exporters, artisans and farmers to identify new markets for their products and grow their sales globally.
- In May 2022, the National Health Authority (NHA) launched the revamped version of Ayushman Bharat Health Account (ABHA) mobile application with new User Interface (UI) and added functionalities.
ABHA is a unique health ID that uses a ______ digit identification number.
1) 7
2) 12
3) 9
4) 14
5) 10
Answer & Explanation
Answer-4) 14
Explanation:
The National Health Authority (NHA), the implementing agency of Ayushman Bharat Digital Mission (ABDM), has launched the revamped version of Ayushman Bharat Health Account (ABHA) mobile application with new User Interface (UI) and added functionalities.
i. The ABHA application was previously known as the ‘National Digital Health Mission (NDHM) Health Records’ application.
ii. Any individual can create an ABHA address (username@abdm) that can be linked through a randomly generated 14-digit ABHA number.
- In May 2022, the Zoological Survey of India (ZSI) and the University of Calcutta recorded a new species of old world monkey, ‘Sela macaque’ that was named after Sela Pass.
In which state ‘Sela macaque’ was recorded?
1) Manipur
2) Arunachal Pradesh
3) Mizoram
4) Assam
5) Tripura
Answer & Explanation
Answer- 2) Arunachal Pradesh
Explanation:
A new species of old world monkey was recorded in the Arunachal Pradesh region by a team of experts from the Zoological Survey of India (ZSI) and the University of Calcutta.
i. The species was named as Sela macaque ( Macaca selai), after Arunachal’s Sela Pass. Study has revealed that this pass has geographically separated Sela macaque from Arunachal macaque ( Macaca munzala) of Tawang district for approximately two million years.
ii. Sela macaque belongs to the sinica species-group of Macaca.
- What is the theme of the World Hunger Day 2022 that was observed across the globe on 28th May 2022?
1) Grow, nourish, sustain. Together
2) #YouthEndingHunger
3) Our actions are our future
4) Access Ends Hunger
5) Leave NO ONE Behind
Answer & Explanation
Answer-2) #YouthEndingHunger
Explanation:
The World Hunger Day 2022 was observed across the globe on 28th of May 2022 with the broader theme of #YouthEndingHunger. 2022 marks the 12th edition of World Hunger Day.
i. The day is to highlight the significance of the Global Food Crisis, towards finding a sustainable solution towards a hunger-free planet.
ii. World Hunger Day is an international initiative by ‘The Hunger Project’, a non-profit organisation and the Day was first observed in 2011.
- Which of the following organisations recently (in May ’22) launched the first Global Report on Assistive Technology (GReAT) jointly?
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