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Current Affairs Quiz: 3 November 2022

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 3 November 2022 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. Name the Aerospace company that has recently (in Nov ‘22) signed an MoU with the Indian Institute of Science (IISc) Bengaluru for Research Projects & Geographical Surveys.
      1) Airnetz Aviation Pvt Ltd
      2) Boeing India Pvt Ltd
      3) Aroon Aviation Services Pvt Ltd
      4) Garuda Aerospace Pvt Ltd
      5) Dassault-Reliance Aerospace Ltd
      Answer-4) Garuda Aerospace Pvt Ltd
      Explanation:
      Garuda Aerospace Private Limited, Drone as a Service(DaaS) company, has signed an MoU with the Indian Institute of Science (IISc) Bengaluru, Karnataka for collaborative research projects for a Period of two years.
      i. These projects will use drones and Unmanned Aerial Vehicles (UAV) for applications for geographical surveys for governments and society.
      ii. The operations and research projects will be taken up by Garuda Aerospace and the Department of Aerospace Engineering of IISc.

    2. Name the bank that has recently (in Nov ‘22) launched a special fixed deposit (FD) scheme ‘Star Super Triple Seven Fixed Deposit’.
      1) Union Bank of India
      2) Bank of Baroda
      3) Canara Bank
      4) Bank of India
      5) State Bank of India
      Answer-4) Bank of India
      Explanation:
      The Bank of India (BoI) launched a special fixed deposit (FD) scheme namely ‘Star Super Triple Seven Fixed Deposit’ which will offer a 7.25% rate of interest on a deposit for 777 days.
      i. The interest rate for senior citizens on this scheme is 7.75% for 777 days. This is a limited period offer by the bank.

    3. Which bank has recently (in Nov ‘22) signed a bancassurance agreement with Niva Bupa Health Insurance Company Limited (NBHIC) to provide health insurance solutions to customers?
      1) YES Bank
      2) HDFC Bank
      3) IDFC FIRST Bank
      4) Axis Bank
      5) ICICI Bank
      Answer-3) IDFC FIRST Bank
      Explanation:
      A Corporate Agency partnership has been inked between the Niva Bupa Health Insurance Company Limited (NBHIC), and IDFC FIRST Bank to provide health insurance solutions to the bank’s customers.
      i. It is NBHIC’s first bancassurance partnership of FY23.
      ii. Through this partnership NBHIC will utilize the bank’s reach to expand their services, and address the healthcare related concerns of the bank’s customers.

    4. In November 2022, the Securities and Exchange Board of India (SEBI) issued norms regarding the standardization of rating scales used by Credit Rating Agencies (CRAs) with effect from _______________.
      1) 1st April 2023
      2) 1st March 2023
      3) 1st February 2023
      4) 1st January 2023
      5) 1st December 2022
      Answer-4) 1st January 2023
      Explanation:
      The Securities and Exchange Board of India (SEBI) issued norms regarding the standardization of rating scales used by Credit Rating Agencies (CRAs) which will be applicable from January 1, 2023.
      i. The notification for the same is issued by SEBI in exercise of the powers conferred by Section 11 (1) of SEBI Act, 1992 read with the provisions of Regulation 20 of SEBI (Credit Rating Agencies-CRA) Regulations, 1999, to protect the interest of investors in securities and to promote the development of the securities market.

    5. Name the company that has recently (in Nov ‘22) signed an MoU with the Abu Dhabi National Oil Company (ADNOC) to explore liquefied natural gas (LNG) supply and decarbonization.
      1) Bharat Petroleum Corporation Limited
      2) Oil and Natural Gas Corporation
      3) Hindustan Petroleum Corporation Limited
      4) Indian Oil Corporation Limited
      5) GAIL India Limited
      Answer-5) GAIL India Limited
      Explanation:
      GAIL (India) Limited (formerly known as Gas Authority of India Limited) and Abu Dhabi National Oil Company (ADNOC) have signed an MoU to explore Liquefied Natural Gas (LNG) Supply and Decarbonization Opportunities including short and long term LNG sales agreements.
      i. Under this MoU, ADNOC and GAIL will work towards broadening their commercial partnership with a focus on lower carbon energy supplies, in this case, LNG, and joint opportunities for collaboration in new projects, decarbonization efforts and renewable energy.

    6. In November 2022, Bain Capital(BC) Sold 16.7 million, equal to 0.54% stake, in ________ for Rs. 1,497 crores.
      1) IndusInd Bank
      2) Axis Bank
      3) YES Bank
      4) ICICI Bank
      5) HDFC Bank
      Answer-2) Axis Bank
      Explanation:
      US-based private equity, Bain Capital (BC) Sold 0.54% stake in Axis Bank for Rs. 1,497 crores.
      i. The private equity firm sold 0.54 percent, shares of 1,66,80,000 stake in the company.
      ii. The shares were sold at Rs 891.38 apiece for a total of Rs 1,487 crore by BC Asia Investments.

    7. Which word has been selected (in Nov ‘22) as Collins Word of the Year 2022?
      1) Splooting
      2) Permacrisis
      3) Moonlighting
      4) Quite Quitting
      5) Kyiv
      Answer-2) Permacrisis
      Explanation:
      Collins Dictionary has announced “Permacrisis”, a noun which describes an extended period of instability and insecurity, as the Collins Word of the Year 2022.
      i. The term Permacrisis embodies the sense of facing unprecedented events one after another.
      Note- Collins Dictionary is published by HarperCollins in Glasgow, Scotland.

    8. Vetsa Ramakrishna Gupta has recently (in Nov ‘22) assumed additional charge as Chairman and Managing Director (CMD) of which organisation?
      1) Indian Oil Corporation Limited
      2) Hindustan Petroleum Corporation Limited
      3) Oil India Limited
      4) Bharat Petroleum Corporation Limited
      5) Coal India Limited
      Answer-4) Bharat Petroleum Corporation Limited
      Explanation:
      Vetsa Ramakrishna Gupta assumed additional charge as Chairman and Managing Director (CMD) of Bharat Petroleum Corporation Limited (BPCL), after the superannuation of Arun Kumar Singh, Chairman-cum-Managing Director (CMD) of BPCL, on 31st October 2022.
      i. He also holds the charge for Director Finance and Director (HR).
      ii. Vetsa Ramakrishna Gupta is set to superannuate in June 2031.

    9. Who has been recently (in Nov ‘22) appointed as the Chair of the country’s Civil 20 (C20)?
      1) Sadhguru Jaggi Vasudev
      2) Mata Amritanandamayi Devi
      3) Swamiji Amritaswarupananda Puri
      4) Gurudev Sri Sri Ravi Shankar
      5) Swami Ramdev
      Answer-2) Mata Amritanandamayi Devi
      Explanation:
      The Government of India(GoI) has appointed Mata Amritanandamayi Devi (Amma) as the Chair of the country’s Civil 20 (C20), an official engagement group of the Group of 20 (G20).
      i. The C20 is G20s platform for civil-society organisations (CSOs) to bring forth non-government and non-business voices to the G20 leaders.
      Note- India will assume the Presidency of the G20 for one year from December 1, 2022 to November 30, 2023.

    10. When was the United Nations(UN)’s International Day to End Impunity for Crimes against Journalists 2022 observed across the globe?
      1) 1st November 2022
      2) 30th October 2022
      3) 2nd November 2022
      4) 31st October 2022
      5) 29th October 2022
      Answer-3) 2nd November 2022
      Explanation:
      United Nations(UN)’s International Day to End Impunity for Crimes against Journalists 2022 was observed across the globe on 2nd November 2022 to condemn all attacks against journalists and media workers.
      i. The first-ever International Day to End Impunity for Crimes against Journalists was observed on 2nd November 2014.
      ii. A high-level conference has been organized by UNESCO to commemorate both the 2022 International Day to End Impunity for Crimes against Journalists and the 10th anniversary of the UN Plan of Action on the Safety of Journalists and the Issue of Impunity.