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Current Affairs Quiz: 5 August 2022

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 5 August 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.

Our Current Affairs June 2022 events will help you to get more marks in Banking, Insurance, SSC, Railways, UPSC, CLAT and all State Government Exams. Also, try our Current Affairs Quiz.

    1. The Ministry of Environment, Forest and Climate Change announced that India added 10 more wetlands as Ramsar sites.
      At present how many Ramsar sites are in India (as of 5th Aug’22)?
      1) 64
      2) 49
      3) 54
      4) 62
      5) 74
      Answer- 1) 64
      Explanation:
      India has designated 10 more wetlands under the Ramsar Convention or the Convention on Wetlands, taking the total number of Ramsar sites in India to 64 from 54 with area coverage of 12,50,361 hectare (ha).
      i. The 10 new sites include 6 sites in Tamil Nadu (TN) and 1 each in Goa, Karnataka, Madhya Pradesh and Odisha.
      ii. The information for the same was provided by Union Minister Bhupendra Yadav, Ministry of Environment, Forest and Climate Change (MOEF&CC).

    2. Which company recently (in Aug ‘ 22) signed an MoU with the National Institute for Entrepreneurship and Small Business Development (NIESBUD) to Develop Entrepreneurial Skills & Create Sustainable Livelihood Opportunities?
      1) Nestlé India
      2) ITC Limited
      3) Hindustan Unilever Limited
      4) Adani Wilmar
      5) Britannia Industries
      Answer-3) Hindustan Unilever Limited
      Explanation:
      The National Institute for Entrepreneurship and Small Business Development (NIESBUD) signed an MoU with Hindustan Unilever Limited (HUL) for developing entrepreneurial skills among the youth and creating sustainable livelihood opportunities.
      i. Under the agreement, NIESBUD and HUL will organize training programmes, develop course curriculum and undertake cluster development activities.

    3. Which company recently (in Aug ’22) signed an MoU with the Bangladesh Roads and Highways department for the emergency supply of petroleum goods?
      1) Indian Oil Corporation Limited
      2) Oil and Natural Gas Corporation
      3) Hindustan Petroleum Limited
      4) Bharat Petroleum Limited
      5) Oil India Limited
      Answer-1) Indian Oil Corporation Limited
      Explanation:
      Indian Oil Corporation Limited (IOCL) signed an MoU with the Bangladesh Roads and Highways department in Dhaka, Bangladesh for an interim set up to facilitate emergency supply of petroleum goods.
      i. Union Minister of Petroleum and Natural Gas (MoPNG), Hardeep Singh Puri released publications on Indian Oil Corporation Limited’s (IOCLs) Diamond Jubilee milestone of Guwahati Refinery and Golden Jubilee celebrations of Bongaigaon Refinery.

    4. The Data Protection Bill, 2021, has been withdrawn from the Lok Sabha by Union Minister Ashwini Vaishnaw after 4 years of deliberations.
      The bill was 1st proposed in 2017 and drafted by a committee under the chairperson of whom?
      1) Rajendra Mal Lodha
      2) Ranganath Misra
      3) K. G. Balakrishnan
      4) BN Srikrishna
      5) P. Sathasivam
      Answer-4) BN Srikrishna
      Explanation:
      The Data Protection Bill, 2021, has been withdrawn from the Lok Sabha by Union Minister Ashwini Vaishnaw, Ministry of Communications & Ministry of Electronics and Information Technology (MeitY) after 4 years of deliberations.
      i. The Government aims to replace the personal data protection bill with a comprehensive legal framework “intended to tackle all of the current and future challenges of the digital ecosystem”.
      ii. The bill, which was first proposed in 2017 following the Justice Puttaswamy Privacy Judgment, was drafted by a committee headed by retired Supreme Court Justice BN Srikrishna and was tabled in 2019 (Personal Data Protection Bill, 2019).
      iii. Since non-personal data is included in its purview, the bill’s title was also modified to the Data Protection Bill (2021).

    5. The World’s largest floating solar plant is set to be built on Omkareshwar Dam in Narmada River at __________.
      1) Jodhpur, Rajasthan
      2) Khandwa, Madhya Pradesh
      3) Ramagundam, Telangana
      4) Patan, Gujarat
      5) Mirzapur, Uttar Pradesh
      Answer-2) Khandwa, Madhya Pradesh
      Explanation:
      The World’s largest floating solar plant is set to be built on Omkareshwar Dam in Narmada River at Khandwa district of Madhya Pradesh (MP) which will generate 600 Megawatt power by 2022-23. The estimated cost of the projects is around Rs.3000 crore.
      i. It will target to increase the power generation capacity across Madhya Pradesh and also address the electricity availability issues in the region.
      ii. The plant will help generate 600 Megawatt (MW) power by 2022-23.
      iii. With the new floating solar plant, Khandwa will become the only district in Madhya Pradesh to have thermal power stations, hydel and solar power.

    6. Which ministry recently (in Aug ‘22) signed an MoU with the Ministry of Tourism (MoT) and National Small Industries Corporation (NSIC) for sharing Udyam data?
      1) Ministry of Commerce and Industry
      2) Ministry of Skill Development and Entrepreneurship
      3) Ministry of Labour and Employment
      4) Ministry of MSME
      5) Ministry of Finance
      Answer- 4) Ministry of MSME
      Explanation:
      The Ministry of Micro, Small & Medium Enterprises (MoMSME) celebrated the landmark of 1 crore registrations on its Udyam Portal. On the occasion, the MoMSME signed an MoU with the Ministry of Tourism (MoT) and National Small Industries Corporation (NSIC) for sharing Udyam data.
      i. The MSME Ministry also announced that the Udyam certificate will be available in the Digi Locker facility. The MSME Ministry also launched the Digi Locker facility for Udyam Registration.
      ii. According to the Udyam portal, the total Udyam registration count, at the time of filing this report, stood at 1,00,20,295, of which over 95 lakh were micro units, near 4 lakh were small businesses, and 38,087 were medium enterprises with the span of 25 months.

    7. Which bank recently (in Aug ‘22) partnered with Yubi for co-lending with the Non-Banking Financial Companies (NBFCs)?
      1) South Indian Bank
      2) Axis Bank
      3) Union Bank of India
      4) Karnataka Bank
      5) Federal Bank
      Answer-4) Karnataka Bank
      Explanation:
      Karnataka Bank has entered into a Co-Lending Agreement with Yubi (formerly CredAvenue Pvt Ltd) through the Yubi Co.Lend, the co-lending platform of Yubi.
      i. With this collaboration, Karnataka Bank will be able to digitally onboard numerous Non-Banking Financial Companies (NBFCs), lend a significant amount of money, and onboard a larger customer base due to their improved consumer outreach.
      ii. The digital co-lending platform would allow Karnataka Bank and its NBFC partners to easily integrate and lend to borrowers in a faster manner.
      iii. Karnataka Bank has entered into an agreement with SCHWING Stetter India Pvt Ltd, a prominent manufacturer of construction equipment.

    8. Name the bank that recently (in Aug ‘22) became the First Bank to list its Payment Gateway platform on the Tax Information Network (TIN) 2.0 platform.
      1) ICICI Bank
      2) HDFC Bank
      3) Federal Bank
      4) Axis Bank
      5) State Bank of India
      Answer-3) Federal Bank
      Explanation:
      Federal Bank becomes the First Bank to list its Payment Gateway platform on the Tax Information Network (TIN) 2.0 platform of the Income Tax Department.
      i. On 1st July 2022 TIN 2.0 platform was initiated by Federal Bank and the Payment Gateway has been enabled for additional payment options for taxpayers.
      ii. The payment can be done using various modes such as Credit/Debit Card, Unified Payment Interface (UPI), National Electronic Fund Transfer (NEFT)/ Real Time Gross Settlement (RTGS) and Internet Banking.
      iii. TIN, an initiative by the Department of Information Technology (IT) for the collection, processing, monitoring and accounting of direct taxes using IT.

    9. In August 2022, the former West Bengal Governor, Gopalkrishna Gandhi, launched the book, “Through The Rear View Mirror,” an autobiography of ____________.
      1) Chitra Ramkrishna
      2) Arundhati Bhattacharya
      3) Amitava Kumar
      4) K.R.A. Narasiah
      5) Kalpana Morparia
      Answer-4) K.R.A. Narasiah
      Explanation:
      Author and historian K.R.A. Narasiah’s autobiography titled “Through The Rear View Mirror” was launched by former West Bengal Governor Gopalkrishna Gandhi at an event held in Chennai, Tamil Nadu. Former Chief Election Commissioner T.S. Krishnamuthi received the first copy of the book.
      i. The book offers a description of one’s life honestly lived with no malice, no regrets and great deal of gratitude for whatever had come his way.
      ii. K.R.A. Narasiah, a tamilian born in Berhampore (West Bengal), was a marine engineer who has authored several book like‘Kadalodi,’ ‘Madrasapattinam,’ ‘Cambodia Ninaivugal,’ ‘Aalavai’ and ‘Lettered Dialogue’ (in English).

    10. Larsen & Toubro Ltd recently (in Aug ’22) signed an MoU with the Gujarat government to set up an Information Technology (IT) and IT-enabled Services (ITeS) Park in which city of Gujarat?
      1) Vadodara
      2) Surat
      3) Ahmedabad
      4) Gandhinagar
      5) Jamnagar
      Answer- 1) Vadodara
      Explanation:
      Larsen & Toubro Limited (L&T) has signed an MoU with the Gujarat government to set up an Information Technology (IT) and IT-enabled Services (ITeS) Park in Vadodara, Gujarat at an investment worth Rs. 7,000 crores.
      i. The Company will invest Rs. 7,000 crores over a period of five years for the development of this IT-ITeS Park which will provide jobs for around 2,000 engineers in the first year of its establishment.
      ii. This IT park will be set up under the IT/ITeS policy 2022-2027 that was launched in February 2022. This would create around 10,000 direct and indirect employment opportunities during the next five years.