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Top 10 Questions Based on Current Affairs 3 & 4 April 2022
- In April 2022, India’s Union Minister of Commerce and Industry, Piyush Goyal, signed an Economic Cooperation and Trade Agreement with Dan Tehan, Trade Minister of _________.
1) France
2) Germany
3) Russia
4) Australia
5) Sri LankaAnswer-4) Australia
Explanation:
India’s Union Minister of Commerce and Industry Piyush Goyal and Australian Trade Minister Dan Tehan signed India- Australia Economic Cooperation and Trade Agreement (IndAus ECTA) in a virtual ceremony with the presence of Prime Minister (PM) Narendra Modi and Australian PM Scott Morrison.
i. The above agreement is set to provide zero-duty access to 96 per cent of India’s exports to Australia including shipments from key sectors such as engineering goods, gems and jewellery, textiles, apparel and leather.
About India & Australia Free Trade Agreement (FTA):
i. This is the first trade agreement that India has signed with a developed country after a decade.
ii. Also, India will be offering 70 percent of its tariff lines, which includes export interest of Australia such as raw materials and intermediaries such as coal, mineral ores and wines etc.
iii. Australian goods exports to India (valued at more than $12.6 billion a year), rising to almost 91 per cent (valued at $13.4 billion) over 10 years. - Which bank recently (in April’22) signed an MoU with the Software Technology Parks of India (STPI) and AIC STPINEXT under the FinBlue initiative?
1) Union Bank of India
2) Bank of Maharashtra
3) Bank of India
4) Indian Overseas Bank
5) Punjab National BankAnswer-4) Indian Overseas Bank
Explanation:
As part of the FinBlue initiative to promote innovation through financial technologies, the public sector Indian Overseas Bank (IOB) has signed an MoU with the Software Technology Parks of India (STPI) and AIC STPINEXT INITIATIVES (a Section 8 company of STPI).
i. FinBlue Initiative: A FinTech (financial technology) Centre of Entrepreneurship (CoE) set by the STPI at Chennai, Tamil Nadu.
About Indian Overseas Bank (IOB):
Managing Director & CEO – Partha Pratim Sengupta
Establishment – 10th February 1937
Headquarters – Chennai, Tamil Nadu
Tagline – Good People to Grow with - In April 2022, Reserve Bank of India (RBI) reduced the Ways and Means Advances (WMA) for states and Union Territories to ________ from Rs 51,560 crore.
1) Rs 10,378 crore
2) Rs 17, 262 crore
3) Rs 26,753 crore
4) Rs 47,010 crore
5) Rs 30,872 croreAnswer-4) Rs 47,010 crore
Explanation:
Reserve Bank of India (RBI) reduced the Ways and Means Advances (WMA) for states and Union Territories to Rs 47,010 crore from Rs 51,560 crore amid uncertainties related to COVID-19 w.e.f. April 1, 2022 and are subject to review.
i. WMAs are temporary advances given by the RBI to the government to tide over any mismatch in receipts and payments and the limit for WMA for the Government of India (GoI) for the first half of FY23 (H1FY23) has been set at Rs 1,50,000 crore.
ii. The limit was changed after the recommendation by the Advisory Committee on Ways and Means Advances to State Governments (Chairman: Shri Sudhir Shrivastava). - Which bank was recently (in April ’22) adjudged as the “Best Performing Bank” in Self-Help Group Linkage by Deendayal Antyodaya Yojana–National Rural Livelihood Mission (DAY-NRLM), Ministry of Rural Development?
1) South Indian Bank
2) Axis Bank
3) YES Bank
4) HDFC Bank
5) ICICI BankAnswer-4) HDFC Bank
Explanation:
HDFC Bank Limited (HDFC Bank) has been adjudged Best Performing Bank in Self Help Group (SHG) Linkage by Deendayal Antyodaya Yojana – National Rural Livelihood Mission (DAY-NRLM), Ministry of Rural Development (MoRD), Government of India at the event organised at the Vigyan Bhavan, New Delhi, Delhi.
i. HDFC bank is the only private bank to be honoured with the award for their contribution in SHGs by NRLM.
ii. Giriraj Singh, Union Minister of Rural Development presented the award to K Venkatesh, Head of Sustainable Livelihood Initiative of HDFC Bank. - As per Hurun Richest Self-Made Women in The World 2022 released by Hurun Research Institute, Falguni Nayar of Nykaa (India) secured _______ in the global list, while _______ from china tops the list.
1) 8th; Wang Laichun (Luxshare)
2) 5th; Wu Yajun (Longfor)
3) 10th; Wang Laichun (Luxshare)
4) 6th; Fan Hongwei (Hengli Petrochemical)
5) 10th; Wu Yajun (Longfor)Answer-5) 10th; Wu Yajun (Longfor)
Explanation:
According to the list of Hurun Richest Self-Made Women In The World 2022 released by the Hurun Research Institute. Falguni Nayar, Founder and Chief Executive Officer(CEO) of Nykaa, is ranked 10th with a wealth of USD 7.6 billion. She is the only Indian among the top 10.
i. Top 3 on the list:Wu Yajun co-founder of Longfor(China has topped the list followed by Fan Hongwei, Chairman/President, Hengli Petrochemical Co Ltd(China) and Wang Laichun of Luxshare Precision Industry(China).
ii. Radha Vembu, co-founder & product manager of Zoho is the second-richest self-made woman billionaire in India with US$3.9bn & ranked 25th in the global list. - In April 2022, ______ sold a ______ stake in IndiaFirst Life Insurance Company Limited (IFLIC) to Bank of Baroda for Rs. 766.29 crore.
1) Union Bank of India; 15%
2) Bank of India; 30%
3) Union Bank of India; 21%
4) Punjab National Bank; 15%
5) Bank of India; 21%Answer-3) Union Bank of India; 21%
Explanation:
Union Bank of India (UBI) has sold 21% stake in IndiaFirst Life Insurance Company Limited (IFLIC), to Bank of Baroda (BoB) for Rs. 766.29 crore.
i. IFLIC is a joint venture (JV) between BoB, UBI and Carmel Point Investments India Private Limited. UBI owned a 30% stake in IFLIC as a result of its acquisition of Andhra Bank.
ii. The divestment is made in line with the insurance regulator Insurance Regulatory and Development Authority of India’s (IRDAI) directive to bring down UBI’s stake in IFLIC to below 10%. - Name the Indian space company that recently (in April’22) launched “Shakuntala,” India’s first private commercial imaging satellite, on a SpaceX Falcon-9 rocket from Cape Canaveral, Florida, USA.
1) Skyroot Aerospace
2) Aantriksh
3) Pixxel
4) Dhruva Space
5) Bellatrix AerospaceAnswer-3) Pixxel
Explanation:
Indian space-tech startup Pixxel’s first satellite ‘Shakuntala (TD-2)’ hosted one of the highest resolution hyperspectral commercial cameras ever flown to space via the SpaceX Falcon 9 rocket under its ‘Transporter 4 mission’.
It is a rideshare mission, which launches ~40 small payloads around the world from pad 40 at Cape Canaveral Space Force Station, Florida, United States (US).
Shakuntala is a part of Pixxel’s 36-satellite planned constellation and Pixxel is paving the path for India’s space-tech revolution by being the first Indian startup to send commercial hardware into space. - What is the official mascot of the 2nd edition of Khelo India University Games 2021 (KIUG 2021) that was released (in April’22) by Thaawar Chand Gehlot,Governor of Karnataka and Anurag Singh Thakur, Minister of Youth Affairs and Sports?
1) Veera
2) Kaka
3) Vijaya
4) Panda
5) CobiAnswer-1) Veera
Explanation:
The Governor of Karnataka, Thaawar Chand Gehlot and Union Minister of Youth Affairs and Sports Anurag Singh Thakur launched the logo, jersey, mascot and anthem in the 2nd edition of Khelo India University Games 2021 (KIUG 2021) at the Sree Kanteerava Stadium in Bengaluru, Karnataka.
The below things were unveiled during the event:-
Logo and official mascot of the games – Veera.
Khelo India App for live updates,
• The official anthem was sung by Chandan Shetty and Nikhil Joshi.
• The jersey for the 2nd edition of Khelo India University Games 2021 - Pulitzer Prize awardee Richard Howard recently (in April’22) passed away. For which book he won the Pulitzer prize in 1970?
1) Queen of Fire
2) Untitled Subjects
3) Inner voices
4) Two-part inventions
5) Without SayingAnswer-2) Untitled Subjects
Explanation:
Pulitzer Prize awardee American poet Richard Howard passed away at age of 92 in Mount Sinai Beth Israel in New York, the United States of America (USA).
i. He was an American poet, literary critic, essayist, teacher, and translator.
ii. He won the Pulitzer prize in 1970 for ‘’Untitled Subjects’’ and was a National Book Award Finalist in 2008 for ‘’Without Saying’’.
iii. His translation of Charles Baudelaire’s “Les Fleurs du Mal” won the National Book Award (then called the American Book Award) in 1983. - Who authored the book, “Queen of Fire,” which explores the story of Rani Lakshmibai of Jhansi?
1) Radhika Menon
2) Ruskin Bond
3) Sowmya Rajendran
4) Devika Rangachari
5) Sudha MurtyAnswer-4) Devika Rangachari
Explanation:
Award winning children’s writer and historian Devika Rangachari has authored a new novel titled “Queen of Fire”, which explores the story of Rani Lakshmibai of Jhansi.
i. The book is published by Duckbill Books, an imprint of Penguin Random House.
Books authored by Devika Rangachari:
• Queen of Ice
• Queen of Earth
• Puffin Lives: Swami Vivekananda: A Man with a Vision
• 10 Indian Monarchs Whose Amazing Stories You May Not Know
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