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Current Affairs Quiz: 5 July 2022

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

Our Current Affairs March 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. In July 2022, Union Minister Piyush Goyal launched the 3-day ‘Grand Hackathon’ to Promote E-commerce in the Agri Sector.
      Which of the following organisation organised the Grand Hackathon in Mumbai, Maharashtra?

      1) Open Network for Digital Commerce
      2) NABARD
      3) NITI Aayog
      4) Both 1 & 2
      5) All 1, 2 & 3
      Answer-4) Both 1 & 2
      Explanation:
      Union Minister Piyush Goyal virtually launched the 3-day ‘Grand Hackathon’, a hybrid event with the physical event held at the Bombay Stock Exchange (BSE) in Fort, Mumbai, Maharashtra.
      i. It was organised by the Open Network for Digital Commerce (ONDC), a project initiated by the Department for Promotion of Industry and Internal Trade (DPIIT) in collaboration with National Bank for Agriculture and Rural Development (NABARD).
      ii. The “Grand Hackathon” is subdivided into two categories: the Agri Grant Challenge and the Agri Innovation Hackathon, which will highlight the ideas to support the adoption of eCommerce in the agricultural sector.
      iii. Aim – To build an open network for buyers and sellers to democratize the current e-commerce ecosystem, particularly the Farmer Producer Organisations (FPOs), mandis, processors, exporters, MSMEs and the small retailers.

    2. The SEBI recently (in July’22) extended the deadline for implementation of the Demat Debit and Pledge Instruction (DDPI) system from 1st July 2022 to _______.
      1) 1st December 2022
      2) 1st November 2022
      3) 1st October 2022
      4) 1st September 2022
      5) 1st August 2022
      Answer-4) 1st September 2022
      Explanation:
      The Securities and Exchange Board of India (SEBI), the capital markets regulator, has extended the deadline for implementation of the guidelines, related to the Demat Debit and Pledge Instruction (DDPI) for pledging and repledging of stocks for margin purposes, by 2 months, from its original date of July 01, 2022 to September 01, 2022.
      i. Objective: To protect the interests of investors in securities, and to promote the development and regulation of securities markets.
      ii. The action is taken in accordance with Section 11(1) of the Securities and Exchange Board of India Act, 1992, and Section 19 of the Depositories Act, 1996.

    3. As per the recent (as of July’22) data, Bank fraud involving sums over ______ has declined in FY22.
      1) Rs. 300 crore
      2) Rs. 250 crore
      3) Rs. 500 crore
      4) Rs. 100 crore
      5) Rs. 450 crore
      Answer-4) Rs. 100 crore
      Explanation:
      Bank fraud involving sums over Rs. 100 crore has declined substantially, with banks reporting cases worth Rs. 41,000 crore in Fiscal Year 2021-22 (FY22), compared to Rs. 1.05 lakh crore in FY21.
      i. According to official data, the number of fraud cases in private and Public Sector Banks (PSBs) decreased to 118 in FY22 from 265 in FY21.
      ii. One of India’s largest bank frauds, totalling 22,842 crore, was reported by the State Bank of India (SBI) earlier in 2022 perpetrated by ABG Shipyard & promoters.

    4. Which of the following personalities was recently (in July’22) selected for the first edition of the Kempegowda International Award 2022?
      1) S M Krishna
      2) Prakash Padukone
      3) N R Narayana Murthy
      4) Only 1 & 3
      5) All A, B & C
      Answer-5) All A, B & C
      Explanation:
      Former Karnataka chief minister (CM) S M Krishna, Infosys founder and IT industry veteran N R Narayana Murthy, and former badminton player Prakash Padukone, have been selected for the first edition of the Kempegowda International Award (2022) instituted by the Karnataka government, in honour of Kempe Gowda, founder of Bengaluru city.
      i. The committee, headed by Start-up Vision Group head Prashanth Prakash has been constituted by the government to nominate candidates for the award.

    5. The IG Drones won the “Best Drone Organization award under the Start-up Category” by Airwards in July 2022.
      IG Drones is situated in which state/UT?

      1) Andhra Pradesh
      2) Delhi
      3) Karnataka
      4) Maharashtra
      5) Jammu and Kashmir
      Answer- 2) Delhi
      Explanation:
      The Delhi-based leading Drone enterprise platform company, IG Drones, won the “Best Drone Organization award under the Start-up Category” by Airwards.
      i. IG Drones was selected for the award for its approach to helping local communities and providing access to technology to diverse stakeholders during natural disasters.

    6. Who recently (in July’22) became the 14th Prime Minister(PM) of Israel?
      1) Yair Lapid
      2) Benjamin Netanyahu
      3) Ehud Olmert
      4) Naftali Bennett
      5) Ariel Sharon
      Answer-1) Yair Lapid
      Explanation:
      Former Journalist and the leader of Yesh Atid Party, Yair Lapid has officially become the 14th Prime Minister (PM) of Israel replacing PM Naftali Bennett, Israel’s shortest-serving Prime Minister.
      i. He took charge of the caretaker government (Interim Govt) on midnight between 30th June 2022 and 1st July 2022, after the Knesset was dissolved and scheduled the next election on 1st November 2022.
      ii. He previously served as the alternate PM of Israel and minister of Foreign Affairs from 2021 to 2022. He has authored 12 books, including one “Memories After My Death”.

    7. Name the country that recently (in July ’22) launched a solid-fueled rocket named “Zuljanah” into space.
      1) Pakistan
      2) Iran
      3) United Arab Emirates
      4) South Korea
      5) Indonesia
      Answer-2) Iran
      Explanation:
      Iran launched its second solid-fuelled rocket named “Zuljanah” with a satellite carrier into space by the Ministry of Defense and Armed Forces Logistics.
      The Zuljanah is a three-stage satellite launcher using a combination of solid and liquid fuels.
      About Zuljanah:
      i. It’s a solid-fueled 25.5-meter-long rocket which can carry a satellite of 220 kilograms into space. The rocket weighs 52 tons and can reach an orbit of 500 kilometers above the surface.
      ii. It will gather data in low-earth orbit as well as promote Iran’s space industry.
      iii. The rocket’s name, Zuljanah, comes from the name of the horse of Imam Hussein, the grandson of the Prophet Muhammad.

    8. Who recently (in July’22) won his Formula 1 (F1) title by winning the Lenovo British Grand Prix 2022?
      1) Fernando Alonso
      2) Charles Leclerc
      3) Lando Norris
      4) Mick Schumacher
      5) Carlos Sainz Jr.
      Answer-5) Carlos Sainz Jr.
      Explanation:
      Spain’s Carlos Sainz Jr. of team Scuderia Ferrari, won the Formula 1 Lenovo British Grand Prix 2022 which took place over 52 laps of the 5.891-kilometre Silverstone circuit, in Silverstone, England. It was his first career Formula One (F1) race victory.
      i. Mexico’s Sergio Pérez (Red Bull Racing team) secured second and Britain’s Lewis Hamilton (Mercedes team ) secured the third position in the race.
      ii. The F1 Championships are organized by Federation Internationale de l’Automobile( FIA ).

    9. Who authored the book, “Ganga: ReImagining, ReJuvenating, ReConnecting” along with Puskal Upadhyay?
      1) Bishweswar Tudu
      2) Rajiv Ranjan Mishra
      3) G Asok Kumar
      4) S.R. Meena
      5) Himansu Badoni
      Answer-2) Rajiv Ranjan Mishra
      Explanation:
      Rajiv Ranjan Mishra and Puskal Upadhyay have authored a new book titled “Ganga: ReImagining, ReJuvenating, ReConnecting” describing the issues faced by the National Mission for Clean Ganga (NMCG) team during its task. The book is published by Rupa Publications India.
      i. Rajiv Ranjan Mishra is an IAS officer who served for 2 stints in the NMCG, first as Mission Director and then as Director-General.
      ii. Puskal Upadhyay is one of the pioneers of the government’s clean-Ganga initiative.

    10. When was the International Plastic Bag Free Day 2022 observed across the globe?
      1) 3rd July 2022
      2) 30th June 2022
      3) 2nd July 2022
      4) 4th July 2022
      5) 1st July 2022
      Answer-1) 3rd July 2022
      Explanation:
      International Plastic Bag Free Day 2022 was celebrated on 3rd July 2022 at the global level to spread awareness about the harmful effects of plastic and ways to eliminate the use of plastic bags. It also promotes the use of paper cloth bags.
      i. The first International Plastic Bag Free Day was observed on July 3, 2008, initiated by Rezero, a member of Zero Waste Europe (ZWE).