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- The 12th edition of Agni Warrior (XAW) 2022, a bilateral exercise between the _______ Armed Forces & Indian Army (IA) conducted at Maharashtra In November 2022.
1) Singapore
2) France
3) United States of America
4) Indonesia
5) Sri LankaAnswer-1) Singapore
Explanation:
The 12th edition of Agni Warrior (XAW) 2022, a bilateral exercise between the Singapore Armed Forces (SAF) & Indian Army (IA) was held at Field Firing Ranges, Devlali in Maharashtra from November 13 – 30, 2022.
i. The closing event was witnessed by Wong Wie Kuen, High Commissioner of Singapore to India & Lieutenant General S Harimohan Iyer, Commandant, School of Artillery along with other dignitaries from Singapore & serving officers from both armies.
ii. The exercise culminated in a joint live-firing exercise involving the Singapore Armed Forces’ (SAF) Singapore Light Weight Howitzer, Field Artillery Meteorological System, and the Indian Army’s 155mm Field Howitzer 77B. - Which country has recently (in Dec ‘22) signed an MoU with India to enhance the professional practices between two countries?
1) Brazil
2) Chile
3) Germany
4) Japan
5) ArgentinaAnswer-2) Chile
Explanation:
The Comptroller and Auditor General (CAG) of India and the Comptroller General of the Republic of Chile signed an MoU to develop institutional and professional capacities and learn from each other’s best practices in Santiago, Chile.
i. The MoU was formally signed by Girish Chandra Murmu, CAG of India, and Jorge Bermudez Soto, the Comptroller General of the Republic of Chile. - Which bank has recently (in Dec ‘22) launched Foreign Currency Loan against INR Deposits Indian Companies?
1) Bank of India
2) Union Bank of India
3) Indian Bank
4) Bank of Baroda
5) Canara BankAnswer-4) Bank of Baroda
Explanation:
Bank of Baroda (BoB) has launched Foreign Currency Loan against INR Deposits of Indian Companies for their Overseas Subsidiaries/Joint Ventures in Gujarat International Finance Tec-City (GIFT City) branch in Gandhinagar, Gujarat.
i. It provides an alternative facility for the Indian companies to raise funds for their international businesses.
ii. BoB is the first bank to offer this facility at GIFT City. - Name the Mutual Fund that has recently (in Dec ‘22) India’s first passive tax saver fund, IN50.
1) HDFC Mutual Fund
2) Edelweiss Mutual Fund
3) IIFL Mutual Fund
4) Axis Mutual Fund
5) SBI Mutual FundAnswer-3) IIFL Mutual Fund
Explanation:
IIFL Mutual Fund has launched India’s first passive tax saver fund, IIFL Equity-Linked Savings Scheme (ELSS) Nifty 50 Tax Saver Index Fund (IN50), which will be on sale through New Fund Offering (NFO).
i. Parijat Garg is the dedicated Fund Manager for the IIFL ELSS Nifty 50 Tax Saver Index Fund.
ii. The scheme was launched after the capital market regulator, Securities and Exchange Board of India (SEBI), allowed fund houses to launch passive funds in May 2022. - Which bank has recently (in Dec ‘22) authorized to enable Goods and Services Tax (GST) Payments?
1) IndusInd Bank
2) Axis Bank
3) Kotak Mahindra Bank
4) ICICI Bank
5) City Union BankAnswer-5) City Union Bank
Explanation:
The Goods and Services Tax (GST) Network, under the auspices of the GST Council, has listed City Union Bank (CUB), an old private-sector institution, as one of the banks that can pay GST.
i. CUB’s digital solutions include digital signatures, QR codes, Video KYC, and digital payment solutions such as UPI 123pay, payment on the go using wearables, increased payment limit for online transactions, and soft launch of voice biometric verification for mobile banking. - Name the company that has recently (in Nov ‘22) become 1st company to file a confidential Draft Red Herring Prospectus (DRHP) with the SEBI for its Initial Public Offering (IPO).
1) NDTV
2) Tata Play
3) Republic TV
4) Star Plus
5) India TVAnswer-2) Tata Play
Explanation:
Tata Play (formerly Tata Sky), has become the 1st company to file a confidential Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO).
i. It will be the Tata group’s 1st IPO in 2 decades. The group last entered the primary market through TCS in 2004. - Which of the following points are ‘Incorrect’ with respect to the “2022 Burgundy Private Hurun India 500,” published in December 2022?
A) Reliance Industries Limited (RIL) is the most valuable listed company in India, with a valuation of Rs 17.2 lakh crore followed by Tata Consultancy Services (TCS).
B) Infosys Limited (Infosys) is the largest private employer in India, which employs 5,92,195 people, followed by Tata Consultancy Services (TCS).
C) Serum Institute of India (SII) is the most valued unlisted company in India, followed by BYJU’s.
1) Only A
2) Only B
3) Only C
4) Only A & B
5) Only B & CAnswer-2) Only B
Explanation:
The “2022 Burgundy Private Hurun India 500,” the second edition of the list that ranks the 500 most valuable firms in India, was published by Burgundy Private, Axis Bank’s Private Banking Business, and Hurun India.
• The cut-off date for this list was October 30, 2022.
i. According to the list, Reliance Industries Limited (RIL) is the most valuable listed company in India, with a valuation of Rs 17.2 lakh crore, up 3.6% from 2021 followed by Tata Consultancy Services (TCS) and HDFC Bank.
ii. Tata Consultancy Services (TCS), which employs 5,92,195 people, is the largest private employer in India followed by Quess Corp Limited (Quess).
iii. The pharmaceutical company Serum Institute of India (SII) is the most valued unlisted company in India, followed by edtech (education technology) giant BYJU’s. - In December 2022, the RBI granted a conditional approval to the Carlyle Group and Verventa Holdings to acquire 9.99% Stake each in which bank?
1) ICICI Bank
2) HDFC Bank
3) Axis Bank
4) YES Bank
5) IDBI BankAnswer-4) YES Bank
Explanation:
The Reserve Bank of India (RBI) has granted a conditional approval to the Carlyle Group and Verventa Holdings to acquire 9.99% of paid up share capital each in YES Bank through subscription to equity shares and share warrants of the Bank.
i. The proposed investment is by CA Basque investments, which is a part of the Carlyle Group and Verventa Holdings, an affiliate of funds managed by Advent. - The _________ World Computer Literacy Day was observed on 2nd December 2022.
1) 22nd
2) 25th
3) 23rd
4) 20th
5) 21stAnswer-1) 22nd
Explanation:
The 22nd World Computer Literacy Day was observed on 2nd December 2022 to raise public knowledge of computers and encourage the development of technological skills, particularly among children and women in India.
i. The day aims to promote digital literacy and raise awareness in underserved communities across the globe.
ii. The 1st World Computer Literacy Day was observed on 2nd December 2001 and established by an Indian computer company, the National Institute of Information Technology (NIIT) to mark its 20th anniversary - When was United Nations (UN)’s International Day for the Abolition of Slavery 2022 observed across the globe?
1) 28th November 2022
2) 1st December 2022
3) 2nd December 2022
4) 30th November 2022
5) 29th November 2022Answer-3) 2nd December 2022
Explanation:
United Nations (UN)’s International Day for the Abolition of Slavery 2022 was observed across the globe on 2nd December 2022 to raise public awareness of the need to combat modern forms of slavery such as child labour, human trafficking, and sexual exploitation, forced marriage, and the forced recruitment of children for use in armed conflict.
i. The day aims to abolish modern-day forms of slavery.
- The 12th edition of Agni Warrior (XAW) 2022, a bilateral exercise between the _______ Armed Forces & Indian Army (IA) conducted at Maharashtra In November 2022.
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