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- Which ministry recently (in Aug ’22) launched a Web-Based “Common Registration Facility” for Ration Cards on a pilot basis in 11 states and UTs?
1) Ministry of Home Affairs
2) Ministry of Finance
3) Ministry of Health and Family Welfare
4) Ministry of Consumer Affairs, Food & Public Distribution
5) Ministry of Social Justice and EmpowermentAnswer-4) Ministry of Consumer Affairs, Food & Public Distribution
Explanation:
The “Common Registration Facility” (My Ration-My Right) was introduced on a pilot basis covering 11 States/Union Territories (UTs) by Sudhanshu Pandey, Secretary of the Department of Food & Public Distribution (DFPD), Ministry of Consumer Affairs, Food & Public Distribution (CA, F&PD) Government of India (GoI).
i. The 11 states and UTs are Assam, Goa, Lakshadweep, Maharashtra, Meghalaya, Manipur, Mizoram, Nagaland, Tripura, Punjab, and Uttarakhand.
ii. All 36 states and UTs will be integrated into the platform by the end of August 2022.
iii. Aim: To assist States/UTs in identifying the eligible beneficiaries and issue ration cards to such people so that they may obtain their lawful benefits under the National Food Security Act (NFSA), 2013. - Name the exercise that was recently (in Aug ‘22) conducted by the Indian Army to test the resilience of satellite-based communication networks.
1) SkySat
2) LightSat
3) Shakti
4) Yudh Abhyas
5) SkylightAnswer-5) Skylight
Explanation:
The Indian Army performed a Pan-Indian exercise called “Skylight” to test and evaluate its entire satellite-based communication network to ensure operational readiness in the wake of a future conflict. The exercise took place from July 25 – 29, 2022.
i. The exercise covered India’s eastern, northern, and island territories.
ii. The exercise was attended by Indian Space Research Organisation (ISRO) and various agencies responsible for space and ground segments. - _________ became the first city of India to officially release the Environmental Insights Explorer (EIE) data from Google.
1) Noida, Uttar Pradesh
2) Ahmedabad, Gujarat
3) Bengaluru, Karnataka
4) Aurangabad, Maharashtra
5) Chennai, Tamil NaduAnswer-4) Aurangabad, Maharashtra
Explanation:
As per the Aurangabad Smart City Development Corporation Limited (ASCDCL), Aurangabad, Maharashtra became the first city of India to officially release the Environmental Insights Explorer (EIE) data from Google. The EIE dashboard for Aurangabad was introduced by Google during an event in New Delhi.
i. This data would help the research groups in developing sustainable solutions in Aurangabad and will also improve the environment and society.
ii. EIE data is consistent with Aurangabad’s commitment to the United Nations, with respect to ‘race to zero’ and ‘race to resilience program’. - Name the institutes that recently (in August ‘22) signed an agreement with Cochin Shipyard Limited to boost startups in the maritime sector.
1) IIM Bangalore
2) IIM Ahmedabad
3) IIM Lucknow
4) IIM Indore
5) IIM KozhikodeAnswer- IIM Kozhikode
Explanation:
Cochin Shipyard Limited (CSL), a Public Sector Shipyard under the Ministry of Ports, Shipping, and Waterways, and Indian Institute of Management (IIM)-Kozhikode in Kerala has signed an agreement to boost startups in the maritime sector.
i. The CSL and IIMK’s business incubator Laboratory for Innovation Venturing and Entrepreneurship (LIVE) plan to augment initiatives to develop an ecosystem for supporting the startups in the maritime sector from the technical, regulatory, financial, and marketing points of view by bringing the stakeholders together.
ii. Under the initiative, start-ups can get up to Rs 50 lakh as seed grants, Rs 1 crore as prototyping grants and equity funding for start-ups at the scale-up stage. - Which of the following points are ‘Incorrect’ with respect to the RBI’s 3rd bi-monthly monetary policy of FY23 held in August 2022?
1) RBI retained India’s real Gross Domestic Product (GDP) growth at 7.2% for FY23.
2) The MPC raised the repo rate by 50 basis points to 5.40% from 4.90%.
3) The Standing Deposit Facility (SDF) Rate adjusted to 5.15% from 4.65% and Marginal Standing Facility (MSF) rate to 5.65% from 5.15%.
4) The Bank Rate remained unchanged at 5.15%.
5) The Real GDP growth for Q1FY24 is projected at 6.7%.Answer-4) The Bank Rate was unchanged at 5.15%.
Explanation:
India’s real Gross Domestic Product (GDP) growth was retained at 7.2% for the FY23.The stance is to focus on withdrawal of accommodations.
i. The inflation projection is retained at 6.7% in 2022-23, with Q2 at 7.1%; Q3 at 6.4%; and Q4 at 5.8%, and risks evenly balanced. - In August 2022, the Securities and Exchange Board of India (SEBI) constituted a Foreign Portfolio Investment (FPI) Advisory Committee (FAC).
The 15-member Advisory Committee will be headed by whom?
1) KV Subramanian
2) Vikram Limaye
3) G. Mahalingam
4) Nithin Kamath
5) Manoj KumarAnswer- 1) KV Subramanian
Explanation:
Securities and Exchange Board of India (SEBI), the market regulator, has constituted a 15-member advisory committee, FPI (Foreign Portfolio Investment) Advisory Committee (FAC) to increase foreign investments and to simplify investment process in the capital markets.
i. The committee will also take care of the increasing participation in the domestic bond markets.
ii. Former Chief Economic Advisor (CEA) KV Subramanian has been appointed as the Chairman of the committee.
iii. Members – The committee consists of 14 members representing foreign banks, Reserve Bank of India (RBI) and stock Exchange depositories. - Name the bank that recently (in Aug ‘22) signed an agreement with New Street Technologies for Micro Lending and Operation Management under Priority Sector Lending (PSL).
1) RBL Bank
2) South Indian Bank
3) Dhanlaxmi Bank
4) Karur Vysya Bank
5) YES BANKAnswer- 3) Dhanlaxmi Bank
Explanation:
Dhanlaxmi Bank Limited has signed an agreement with New Street Technologies Private Limited to facilitate micro lending, operations management, and technology services under Priority Sector Lending (PSL).
i. New Street Technologies is the first fintech partner of the bank.
ii. New Street Technologies will provide the technical support to the bank on digital on-boarding and extend support as the business correspondent in micro-lending space to start the operations in southern states and other states of India. - Inderjit Camotra was recently (in Aug ‘22) appointed as the Managing Director (MD) & Chief Executive Officer (CEO) of which Small Finance Bank?
1) Capital Small Finance Bank
2) Unity Small Finance Bank
3) Equitas Small Finance Bank
4) Shivalik Small Finance Bank
5) Utkarsh Small Finance BankAnswer-2) Unity Small Finance Bank
Explanation:
Unity Small Finance Bank Limited (Unity Bank) appointed Inderjit Camotra as its Managing Director (MD) and Chief Executive Officer (CEO). His appointment was approved by the Reserve Bank of India (RBI) and Unity Bank’s Board.
About Unity Small Finance Bank Limited:
In Jan 2022, the bank appointed Vinod Rai, the former CAG (Comptroller and Auditor General) of India, as its Chairman.
Commenced operation- 2021
Headquarters- Mumbai, Maharashtra - Which of the following points are ‘correct’ with respect to the South Asian Football Federation (SAFF) Under-20 ( U-20) football championship 2022?
1) The 4th edition of the SAFF Under-20 football championship 2022 final match held in Kalinga stadium in Bhubaneswar, Odisha.
2) India won the 2022 SAFF U-20 football championship trophy for the fourth consecutive time by defeating Pakistan.
3) Gurkirat Singh was named the Most Valuable Player of SAFF U20 championship 2022.
4) Both 1 & 2
5) Both 1 & 3Answer- 5) Both 1 & 3
Explanation:
The 4th edition of the SAFF Under-20 ( U-20) football championship 2022 final match was held in Kalinga stadium in Bhubaneswar, Odisha.
i. India won the 2022 SAFF U-20 football championship trophy for the second consecutive time by defeating Bangladesh.
ii. Gurkirat Singh was named the Most Valuable Player of SAFF U20 championship 2022. He also won the highest Goal Scorer Award with eight goals.
iii. Indian goalkeeper Som Kumar was named the Best Goalkeeper SAFF U20 championship 2022. - Hiroshima Day 2022 was observed across the globe on 6th August 2022 in remembrance of the world’s first atomic bomb attack on Hiroshima, Japan in _________.
1) 1939
2) 1952
3) 1914
4) 1945
5) 1918Answer-4) 1945
Explanation:
Hiroshima Day is observed annually across Globe on 6th August in accordance to the remembrance of the world’s first atomic bomb attack on Hiroshima, Japan in 1945, at the end of World War II. 6th August 2022 marks the 77th anniversary of the Hiroshima bombings.
i. On 6th August 1945, the American bomber Boeing B-29 Superfortress Enola Gay dropped 5 ton atomic bomb, that is equivalent to 15,000 tons of TNT (trinitrotoluene), named ‘Little Boy’ on Hiroshima, Japan.
ii. The Little boy is an atomic bomb that weighed 9,000 pounds and 28 inches in diameter and carries a gun-type weapon with the power of 26,000,000 pounds of high explosives.
iii. Another bomb named, ‘Fat Man’ was dropped on Nagasaki of Japan on 9th August 1945.
- Which ministry recently (in Aug ’22) launched a Web-Based “Common Registration Facility” for Ration Cards on a pilot basis in 11 states and UTs?
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