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- In June 2022, the Ministry of Defence inaugurated a Payroll Automation for Disbursement of Monthly Allowances (PADMA), an automated Pay & Allowances module for ___________.
1) Railway Protection Force
2) Sashastra Seema Bal
3) Indian Coast Guard
4) Border Security Force
5) Central Reserve Police ForceAnswer-3) Indian Coast Guard
Explanation:
On the lines of Digital India, and Atmanirbhar Bharat initiative, a Payroll Automation for Disbursement of Monthly Allowances (PADMA), an automated Pay & Allowances module for the Indian Coast Guard (ICG) was inaugurated by Rajnish Kumar, Controller General of Defence Accounts (CGDA), Ministry of Defence (MoD) on June 28, 2022.
i. This module has been developed under the aegis of Defense Accounts Department (DAD) and will be operated by Pay Accounts Office Coast Guard, Noida (Uttar Pradesh).
About PADMA:
It is an automated platform or Centralized Pay System (CPS) which utilizes the latest technology to provide seamless and timely disbursal of Pay & Allowances to around 15,000 ICG personnel.
CPS is one stop pay accounting solutions for all organizations under MoD. - Name the ministry that recently (in June’22) launched the 2nd phase of Going Online as Leaders (GOAL) 2.0 programme along with Meta.
1) Ministry of Education
2) Ministry of Tribal Affairs
3) Ministry of Skill Development and Entrepreneurship
4) Ministry of Commerce and Industry
5) Ministry of Micro, Small and Medium EnterprisesAnswer-2) Ministry of Tribal Affairs
Explanation:
Social media giant Meta (Formerly known as Facebook) collaborated with the Ministry of Tribal Affairs to launch the 2nd phase of Going Online As Leaders (GOAL) 2.0 programme. It was launched by Union tribal affairs minister Arjun Munda.
i. The 1st phase of GOAL has changed the lives of tribal youth through the digital mentorship programme.
ii. In the 2nd phase, a platform will be created for more than 50,000 self-help groups and 10 lakh families associated with Tribal Cooperative Marketing Development Federation of India Limited (TRIFED) to reach globally. - In which state did Pyse Fintech recently (in June’22) launched India’s first and largest fractionally-owned solar power plant?
1) Gujarat
2) Uttar Pradesh
3) Andhra Pradesh
4) Rajasthan
5) KarnatakaAnswer- 5) Karnataka
Explanation:
Pyse Fintech Pvt. Ltd.(PYSE), an investment platform, has launched India’s first and largest fractionally-owned solar power plant in Karnataka. The platform allows retail investors to invest in sustainable projects that create social and environmental impacts from a ticket size as low as Rs 5,000.
i. The plant is set to be commissioned by the end of July 2022 and is designed to offset 65 lakh kgs of carbon footprint every year for the next 25 years.
About Pyse Fintech Pvt. Ltd.(PYSE):
Co-founder -Kaustubh Padakannaya
Headquarters- Bengaluru, Karnataka - Which insurance company recently (In June’22) launched an industry-first health insurance plan called “Global Health Care” along with Allianz Partners India?
1) Bajaj Allianz General Insurance
2) Cholamandalam MS General Insurance
3) SBI General Insurance
4) Kotak Mahindra General Insurance
5) Edelweiss General InsuranceAnswer- 1) Bajaj Allianz General Insurance
Explanation:
Bajaj Allianz General Insurance Company has announced the launch of an industry-first health insurance plan, “Global Health Care,” in collaboration with Allianz Partners India, to offer policyholders with a seamless claims experience.
i. The Unique Selling Proposition (USP) of the product is that it allows insured members to schedule their treatments abroad without hassle and to enjoy the benefits of the best medical facilities available worldwide.
About Bajaj Allianz General Insurance Company Limited:
MD & CEO – Tapan Singhel
Establishment – 2001
Headquarters – Pune, Maharashtra - Name the bank that recently (in June’22) signed a bancassurance agreement with Star Health and Allied Insurance to distribute health insurance solutions.
1) HDFC Bank
2) Axis Bank
3) YES Bank
4) IDFC FIRST Bank
5) ICICI BankAnswer-4) IDFC FIRST Bank
Explanation:
Star Health and Allied Insurance Company, one of India’s major health insurance companies, has inked a bancassurance agreement with IDFC FIRST Bank, for the distribution of its health insurance solutions.
i. Under this strategic agreement, Star Health and Allied Insurance will use IDFC FIRST Bank’s digital platform and vast distribution network to offer their best-in-class health insurance products to the customers of the bank.
About IDFC FIRST Bank:
MD & CEO – V. Vaidyanathan (He is the first MD & CEO of IDFC FIRST Bank)
Establishment – 2018
Headquarters – Mumbai, Maharashtra
Tagline – Always You First - Name the company that recently (in June’22) partnered with EasyTransfer to offer international payment services.
1) PhonePe
2) Paytm
3) BharatPe
4) Cashfree
5) RazorpayAnswer-4) Cashfree
Explanation:
Cashfree Payments India Private Limited (Cashfree Payments) has partnered with EasyTransfer, China’s largest online financial service platform for overseas students, to offer a faster, easier, and cheaper platform for Indian students to make fee payments to universities and educational institutions abroad.
i. This partnership will enable the Indian students to make educational payments directly through their existing bank accounts and eliminate the need to set up new accounts for this purpose. - Who was recently (in June’22) became the Chairman of the board of directors of Reliance Jio Infocomm Ltd?
1) Akash M. Ambani
2) Anant M. Ambani
3) Tina Ambani
4) Isha M. Ambani
5) Jai Anshul AmbaniAnswer- 1) Akash M. Ambani
Explanation:
The Reliance Industries (RIL) Chairperson & Managing Director(MD), Mukesh Ambani resigned from the Board of Directors (BoD) of Reliance Jio Infocomm Ltd, the digital and telecom arm of RIL. Akash M. Ambani, Non-executive Director of Reliance Jio Infocomm and son of Mukesh Ambani became the Chairman of the board of directors of Reliance Jio.
i. Mukesh Ambani will continue to be the Chairman of Jio Platforms Ltd, the flagship company that owns all Jio digital services brands including Reliance Jio Infocomm.
ii. The Reliance Jio BoDs approved the appointment of Pankaj Mohan Pawar as Managing Director (MD) of the company for a period of 5 years commencing from June 27 2022. - In June 2022, the State Bank of India (SBI), HDFC Bank and ICICI Bank acquired a ______ stake each in Perfios Account Aggregation Services (Perfios AA).
1) 6.23%
2) 9.54%
3) 8.76%
4) 10.23%
5) 7.12%Answer- 2) 9.54%
Explanation:
The State Bank of India (SBI), HDFC Bank and ICICI Bank acquired a 9.54% stake each in Perfios Account Aggregation Services Private Limited (Perfios AA).
i. The three banks acquired 8,05,520 equity shares each by paying Rs 4.03 crore each for the stakes. The investments will be subject to the approval of the Reserve Bank of India (RBI).
ii. Perfios AA, is a Bengaluru-based Reserve Bank of India (RBI)-registered Non-Banking Financial Company (NBFC)-Account Aggregator. - In June 2022, Olympic and World Championships medallist hockey player Varinder Singh passed away. In which year did he receive the Dhyan Chand Lifetime Achievement Award?
1) 2005
2) 2003
3) 2006
4) 2004
5) 2007Answer-5) 2007
Explanation:
A 75 year old, Olympic and World Championships medallist Hockey Player Varinder Singh passed away in Jalandhar, Punjab.
i. Varinder Singh was part of the bronze medal-winning Indian men’s hockey team at the 1972 Munich Olympics and was an integral member of India’s dominant hockey team in the 1970s.
ii. His achievements also include a Gold medal at the 1975 Men’s Hockey World Cup in Kuala Lumpur, Malaysia which is noted to be the only Gold medal in the World Cup Championship.
iii. He was conferred with the prestigious Dhyan Chand Lifetime Achievement Award in 2007. - What is the theme of the 16th National Statistics Day observed across India on 29th June 2022?
1) Data for Sustainable Development
2) Quality Assurance in Official Statistics
3) Sustainable Development Goal (SDG)- 2
4) Administrative Statistics
5) Connecting the world with data we can trust.Answer-1) Data for Sustainable Development
Explanation:
The 16th National Statistics Day (Statistics Day) was observed across India on 29th June 2022 with the theme of “Data for Sustainable Development”.
i. The Day to recognise the role and importance of statistics in socio-economic planning and policy formulation and the day also marks the celebration of the birth anniversary of Professor (late) Prasanta Chandra Mahalanobis (PC Mahalanobis), known as the “Father of Indian Statistics” and recognises his notable contributions in the fields of statistics and economic planning.
ii. The first ever National Statistics Day was celebrated on 29th June 2007.
- In June 2022, the Ministry of Defence inaugurated a Payroll Automation for Disbursement of Monthly Allowances (PADMA), an automated Pay & Allowances module for ___________.
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