Current Affairs Quiz: 5 April 2022

AffairsCloud brings you the complete and important daily Current Affairs 5 April 2022 Quiz 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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Top 10 Questions Based on Current Affairs 5 April 2022

1. Which of the following points are correct with respect to the Nepalese Prime Minister (PM) Sher Bahadur Deuba’s visit to India in April 2022?
   A) Both countries jointly launched and operationalized a 34.9 km long cross border rail link from Jaynagar in Bihar to Kurtha in Nepal.
   B) Nepal joined the International Solar Alliance (ISA), becoming the 105th country to become a signatory to the framework agreement.
   C) Nepal becomes the 2nd foreign country to operationalise the RuPay card to promote the flow of Indian tourists and further strengthen people-to-people linkages.
   1) All A, B & C
   2) Only A & B
   3) Only B & C
   4) Only A
   5) Only C

   Answer & Explanation

   Answer-2) Only A & B
   Explanation:
   Both countries jointly launched and operationalized a 34.9 km long cross border rail link from Jaynagar in Bihar to Kurtha in Nepal.
   i. Nepal becomes the 4th foreign country to operationalise the RuPay card to promote the flow of Indian tourists and further strengthen people-to-people linkages. The three other countries that have the RuPay card are Bhutan, Singapore and the United Arab Emirates.
   ii. Nepal joined the International Solar Alliance (ISA) becoming the 105th country to become a signatory to the framework agreement.
   iii. The two prime ministers also remotely inaugurated a 90 km long 132 KV Solu Corridor transmission line and substation that will supply hydroelectric power generated to Nepal’s national power grid.

   
   
2. Which country’s Economic Zones Authority recently (in April’22) signed an agreement with Adani Ports and Special Economic Zone Ltd. to establish an Indian Economic Zone?
   1) Maldives
   2) Sri Lanka
   3) Bangladesh
   4) Nepal
   5) Bhutan

   Answer & Explanation

   Answer-3) Bangladesh
   Explanation:
   The Bangladesh Economic Zones Authority (BEZA) signed a non-binding agreement called term-sheet with Adani Ports and Special Economic Zone Limited (APSEZ Ltd.,) in Mumbai, Maharashtra to establish an Indian Economic Zone under the government-to- government (G2G) engagement in Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Mirsarai of Chattogram, Bangladesh.
   i. The agreement was the follow up of June 2015 an MoU to establish an Indian economic zone.
   ii. The Indian Economic Zone is being built on 857 acres of land with an estimated cost of Taka 964 crore supported by an Indian Line of Credit worth USD 115 million.

   
   
3. Name the bank that recently (in April’22) signed an MoU with Border Security Force (BSF) to offer special benefits through Central Armed Police Salary Package (CAPSP) Scheme.
   1) YES Bank
   2) HDFC Bank
   3) State Bank of India
   4) Axis Bank
   5) ICICI Bank

   Answer & Explanation

   Answer-3) State Bank of India (SBI)
   Explanation:
   The State Bank of India (SBI) and the Border Security Force (BSF) have signed an MoU to provide special benefits to serving and retired BSF personnel, as well as family pensioners, through the Central Armed Police Salary Package (CAPSP) Scheme.
   i. The MoU ensures extensive benefits for the security forces, including complimentary Personal and Air Accidental Insurance (Death) Cover, additional cover in case of on-duty death, and Permanent Total Disability/Partial Disability Cover.

   
   
4. Name the life insurance company that recently (in March’22) partnered with Ahalia Finforex to offer Insurance access to unorganized and Unserved Segments.
   1) Aegon Life Insurance
   2) Bharti AXA Life Insurance
   3) Bajaj Allianz Life Insurance
   4) Aviva Life Insurance
   5) Edelweiss Tokio Life Insurance

   Answer & Explanation

   Answer- 1) Aegon Life Insurance
   Explanation:
   Aegon Life Insurance Company (Aegon Life), a digital life insurance company and Ahalia Finforex, a Kerala-based diversified financial services firm have partnered to provide life insurance access to unorganized and unserved segments residing in tier 2, tier 3, and tier 4 towns.
   i. Under this partnership insurance coverage for more than 5 lakh customers of Ahalia Finforex will be provided through the Group Credit Life product. In the event of the borrower’s death, insurance from Aegon Life covers the loan amount.
   About Aegon Life Insurance Company:
   MD & CEO– Satishwar Balakrishnan
   Headquarters– Mumbai, Maharashtra

   
   
5. As per Federation of Indian Chambers of Commerce & Industry (FICCI’s) Economic Outlook Survey (as of April’22), India’s Gross Domestic Product is expected to grow at ________ in FY23.
   1) 7.6%
   2) 7.0%
   3) 6.8%
   4) 6.9%
   5) 7.4%

   Answer & Explanation

   Answer-5) 7.4%
   Explanation:
   FICCI (Federation of Indian Chambers of Commerce & Industry) released its Economic Outlook Survey projecting India’s annual median Gross Domestic Product (GDP) at 7.4% in FY23 with a minimum growth estimate of 6% and maximum of 7.8%.
   
   
   
6. Who recently (in April’22) became the Prime Minister (PM) of Hungary for the 4th consecutive time?
   1) Gordon Bajnai
   2) Ferenc Gyurcsany
   3) Peter Medgyessy
   4) Gyula Horn
   5) Viktor Orban

   Answer & Explanation

   Answer-5) Viktor Orban
   Explanation:
   Viktor Orban was re-elected Prime Minister of Hungary for the fourth time in a row, in the General Election of 2022. His nationalist ruling Fidesz party has defeated the opposition, the United for Hungary party (a six-party opposition bloc), led by Peter Marki-Zay.
   About Hungary:
   President – Janos Ader
   Prime Minister – Viktor Orban (Head of Government)
   Capital – Budapest
   Currency – Forint (HUF) (HUF – Hungarian Forint)

   
   
7. In April 2022, which bank acquired the entire consumer bank business of CitiBank for $1.6 billion?
   1) RBL Bank
   2) YES Bank
   3) Axis Bank
   4) ICICI Bank
   5) HDFC Bank

   Answer & Explanation

   Answer-3) Axis Bank
   Explanation:
   Citibank signed a deal with Axis Bank to sell its entire consumer bank business including credit cards, savings accounts,retail consumer accounts,consumer loans and wealth management for $1.6 billion. However the deal excludes Citibank’s institutional client businesses in India.
   i. This is one of the biggest deals in the banking space since the acquisition of ING Vysya Bank by Kotak Mahindra Bank in 2014 for Rs 15,000 crore.
   ii. After the acquisition,the combined CASA (Current & Savings account) ratio on a pro-forma basis will improve by 200 basis points to 47 per cent and it will also be LCR (liquidity coverage ratio)-accretive.

   
   
8. In April 2022, the Union Minister of State (MoS) for Culture launched the website “Temple 360” to offer e-darshan at pilgrimage centres.
   Who is the current (as of April’ 22) Union Minister of State (MoS) for Culture?
   1) Rao Inderjit Singh
   2) Meenakshi Lekhi
   3) Jitendra Singh
   4) Annpurna Devi
   5) Nityanand Rai

   Answer & Explanation

   Answer-2) Meenakshi Lekhi
   Explanation:
   Meenakshi Lekhi, Union Minister of State(MoS) for Culture, launched the website ‘Temple 360’ during the event organized by the Ministry of Culture in New Delhi under the aegis of Azadi Ka Amrit Mahotsav.
   i. Temple 360 is a digital platform that will enable people to visit or do darshan of famous temples from any location. This will allow people to participate in e-Darshan, e-Prashad, and e-Aarti and keep people connected.
   At present the portal live streams the rituals from four temples: Somnath (Gujarat), Kashi Vishwanath (Uttar Pradesh(UP)), Trimbakeshwar and Ghrishneshwar (Maharashtra).

   
   
9. Which of the following points are correct with respect to the 12th edition of the International Cricket Council (ICC) Women’s Cricket World Cup was held in New Zealand?
   A) The Australian women’s team won the 12th edition of the ICC Women’s Cricket World Cup for the 7th time by defeating England.
   B) Rachael Haynes (Australia) has the highest score in the final of any ICC Cricket World Cup (in both men’s or women’s) surpassing Adam Gilchrist’s (Australia).
   C) Mithali Raj (India) became the third cricketer including men’s and women’s and the 1st woman to play in 6 ODI World Cups.
   1) Only A
   2) Only B
   3) Only A & B
   4) Only A & C
   5) All A, B & C

   Answer & Explanation

   Answer-4) Only A & C
   Explanation:
   The Australian women’s team won the 12th edition of the ICC Women’s Cricket World Cup for the 7th time by defeating England.
   i. Alyssa Healy (Australia) has become the highest scorer in the final of any ICC Cricket World Cup (in both men’s or women’s) surpassing Adam Gilchrist’s (Australia).
   ii. Mithali Raj (India) became the third cricketer (including men’s and women’s) and the 1st woman to play in 6 ODI World Cups.
   iii. Rachael Haynes (Australia) scored 497 runs in this tournament, which is the second-highest tally in a 2022 Women’s World Cup.

   
   
10. What is the theme of International Day for Mine Awareness and Assistance in Mine Action 2022 observed across the globe by the UN on 4th April 2022?
    1) Raising Mine and Explosive Remnants
    2) United Nations Promotes SDGs – Safe Ground
    3) Explosive Remnants of War
    4) Perseverance, Partnership, Progress
    5) Safe Ground, Safe Steps, Safe Home

    Answer & Explanation

    Answer-5) Safe Ground, Safe Steps, Safe Home
    Explanation:
    The United Nations (UN)’s International Day for Mine Awareness and Assistance in Mine Action 2022 was observed across the globe on 4th April 2022 to create awareness about landmines and work toward their eradication.
    i. The day is annually observed by the United Nations Mine Action Service (UNMAS).
    ii. The UNMAS marks the 2022 International Day for Mine Awareness and Assistance in Mine Action day under the theme “Safe Ground, Safe Steps, Safe Home”.