Current Affairs Quiz: 8 & 9 May 2022

AffairsCloud brings you the complete and important daily Current Affairs 8 & 9 May 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. 1. As per the National Statistical Office (NSO)’s 13th Periodic Labour Force Survey (PLFS), Unemployment Rate (UR) for Persons of 15 years and above in Urban Areas declined to _____ in Q3-2021 (October-December 2021) from 10.3% in Q3-2020.
      1) 8.7%
      2) 9.6%
      3) 8.2%
      4) 9.8%
      5) 9.5%
      

      Answer & Explanation

      Answer-1) 8.7%
      Explanation:
      In accordance with the 13th Periodic Labour Force Survey (PLFS) by the National Statistical Office (NSO), the Unemployment Rate (UR) for persons of 15 years and above in urban areas dipped to 8.7% in October-December (Q3) 2021 from 10.3% in Q3-2020. It was 9.8% in July-September (Q2) 2021.
      i. UR among females also declined to 10.5% in Q3-2021 from 13.1% in October – December 2020 and Among males, the UR also declined to 8.3% in Q3-2021 compared to 9.5% in October – December 2020.
      ii. Worker Population Ratio (WPR) in CWS was 43.2% in Q3-2021, compared to 42.4% in October – December 2020.
      iii. Labour Force Participation Rate (LFPR) in CWS (Current Weekly Status) remained unchanged at 47.3% in Q3-2021, compared to October – December 2020.
      
      
      
   2. In which place, the Indian Coast Guard (ICG) was commissioned 2nd air squadron, 845 Squadron, equipped with Dhruv ALH Mk III Helicopters in May 2022?
      1) Junagadh, Gujarat
      2) Tiruchirappalli, Tamil Nadu
      3) Chandipur, Odisha
      4) Kochi, Kerala
      5) Mumbai, Maharashtra
      

      Answer & Explanation

      Answer- 4) Kochi, Kerala
      Explanation:
      Indian Coast Guard (ICG) Director General (DG) Virender Singh Pathania commissioned ICG’s second Air Squadron, 845 Squadron (CG) under the administrative and operational control of Coast Guard Air Enclave at Nedumbassery in Kochi, Kerala. The Squadron is equipped with the indigenously developed Dhruv Advanced Mark III (ALH Mark III) helicopters.
      i. Under this, four helicopters have been positioned in Kochi to cover the entire coast of Karnataka, Kerala and Lakshadweep.
      ii. The Squadron will be led by Commandant Kunal Naik which has 9 officers and 35 men.
      
      
      
   3. Which Small Finance Bank (SFB) recently (in May ’22) received a No-Objection Certificate (NoC) from RBI to merge with their Holdings Limited?
      1) Ujjivan SFB
      2) Equitas SFB
      3) A U SFB
      4) Capital SFB
      5) Utkarsh SFB
      

      Answer & Explanation

      Answer-2) Equitas SFB
      Explanation:
      The Reserve Bank of India (RBI) has issued a No-Objection Certificate (NoC) with conditions to the proposal for the voluntary merger of Equitas Holdings Limited (EHL) and Equitas Small Finance Bank (ESFBL), a subsidiary of Equitas Holdings Limited.
      The merger is being carried out to comply with RBI small finance bank (SFB) norms, which require the promoter to reduce its stake in the subsidiary to 40% within five years of commencement of operations by the SFB.
      
      
      
   4. Which company recently (in May’22) partnered with Air Works Group to deliver Maintenance, Repair and Overhaul (MRO) services for the Indian Navy’s P-8I maritime patrol aircraft fleet?
      1) Bharat Electronics
      2) BrahMos Aerospace
      3) Boeing India
      4) Hindustan Aeronautics Limited
      5) Bharat Dynamics
      

      Answer & Explanation

      Answer-3) Boeing India
      Explanation:
      Boeing India, Headquartered in Delhi is a subsidiary of US based company has collaborated with Indian company Air Works Group to deliver Maintenance, Repair and Overhaul (MRO) services for the Indian Navy’s P-8I maritime patrol aircraft fleet. The collaboration was initiated at the Boeing India Aatmanirbharta in Defence conference being organized in New Delhi.
      i. Air Works and The Boeing Company are partnering to undertake heavy maintenance checks on three Indian Navy P-8I long-range maritime patrol aircraft simultaneously at Air Works, Hosur.
      ii. The Collaboration began with their service on the P-8I Poseidon aircraft, and has grown to include checks and MRO on the landing gear of the Indian Air Force’s Boeing 737 VVIP aircraft.
      
      
      
   5. Which company recently (in May ’22) became the 1st Indian company to reach USD 100 billion(bn) revenue in FY22?
      1) Aditya Birla Group
      2) Reliance Industries Ltd
      3) Mahindra Group
      4) Adani Group
      5) Tata Group
      

      Answer & Explanation

      Answer-2) Reliance Industries Ltd
      Explanation:
      Reliance Industries Limited (RIL) has become the first Indian company to reach USD 100 billion (bn) revenue in fiscal 2022. RIL’s revenue in FY22 has increased 47% to Rs 7.9 lakh crore (USD 105 billion) with the growth in its oil to chemical (O2C) and consumer business (Jio & Retail) business.
      i. With a profit growth of 26% to Rs 67,845 crore (US 9 billion), RIL retains its top position as India’s most profitable private company.
      
      
      
   6. Who was recently (in May’22) appointed as the ‘part-time Chairman’ of City Union Bank (CUB) for a period of 2 years?
      1) Abarna Bhaskar
      2) R Balaji
      3) R Mohan
      4) Balasubramanian
      5) M Narayanan
      

      Answer & Explanation

      Answer- 5) M Narayanan
      Explanation:
      The City Union Bank (CUB) Limited has appointed M Narayanan, as its part-time Chairman after the approval from the Reserve Bank of India (RBI) for a period of two years with effect from May 4, 2022.
      i. M Narayanan succeeds part-time Chairman R Mohan, who has stepped down from the office of Chairman of the Board after completing his three-year term on May 3, 2022.
      ii. However, R Mohan will continue to act as an Independent Director of the Board of the Bank till June 27, 2022.
      
      
      
   7. The Indian Navy is to acquire a _________ to boost capacity in the Indian Ocean Region through the GSLV-F12 launch vehicle.
      
      1) EOS-01
      2) Landsat 9
      3) GISAT 2
      4) Cartosat-2
      5) RISAT-1
      

      Answer & Explanation

      Answer-3) GISAT 2
      Explanation:
      As part of its modernisation and network-centric warfare and communications programme, the Indian Navy is looking to acquire a dedicated earth imaging satellite — Geo Imaging Satellite-2(GISAT 2) or EOS-05 in this fiscal year. The launching vehicle will be Geosynchronous Satellite Launch Vehicle (GSLV)-F12.
      i. The GISAT 2 is the second satellite in this series and it will be designed to provide near real-time images of large areas of region of interest at frequent intervals, which will help the navy not only in surveillance but also operations planning.
      ii. Geo Imaging Satellite or GISAT is an Indian imaging satellite class for geostationary orbit with a high temporal resolution, meant for providing near real time imaging with fast revisit capability and real time monitoring.Two satellites will provide resolution in the range of 42 to 318 m.
      
      
      
   8. Which of the following points is ‘Incorrect’ with respect to the 2nd edition of Khelo India University Games (KIUG) 2021?
      1) The 2nd edition of Khelo India University Games (KIUG) 2021 held in Mysore, Karnataka with ‘Dhakad’ Mascot.
      2) The Jain University emerged overall champions with 20 gold, 7 silver and 5 bronze medals followed by Lovely Professional University(LPU), Punjab.
      3) Ann Mariya from Mangalore University set a new National record in the 87 kg women weightlifting competition by lifting 129 kg.
      4) Pavithra Venkatesh of Periyar University (Salem, Tamil Nadu) set a new games record in women’s pole vault, scaling a height of 4.01m.
      5) Siva Sridhar of Jain University was the most successful athlete in the Khelo India University Games 2021 & Swimmer Shrungi Bandekar emerged as the most successful female athlete.
      

      Answer & Explanation

      Answer-1) The 2nd edition of Khelo India University Games (KIUG) 2021 held in Mysore, Karnataka with ‘Dhakad’ Mascot.
      Explanation:
      The 2nd edition of Khelo India University Games (KIUG) 2021 held in Bengaluru, Karnataka with ‘Veera’, an elephant mascot & the Logo features the iconic Vidhana Soudha building – the Legislative House in Bengaluru – with two elephants on either side.
      i. The Jain University emerged overall champions with 20 gold, 7 silver and 5 bronze medals followed by Lovely Professional University(LPU), Punjab.
      ii. Ann Mariya from Mangalore University set a new National record in the 87 kg women weightlifting competition by lifting 129 kg to break Manpreet Kaur’s clean and jerk record of 128 kgs at the National Championships earlier this year.
      iii. Pavithra Venkatesh of Periyar University (Salem, Tamil Nadu) set a new games record in women’s pole vault, scaling a height of 4.01m.
      iv. Siva Sridhar of Jain University was the most successful athlete in the Khelo India University Games 2021 & Swimmer Shrungi Bandekar emerged as the most successful female athlete.
      
      
      
   9. World Athletics Day 2022 was observed across the globe on _________.
      1) 5th May 2022
      2) 7th May 2022
      3) 9th May 2022
      4) 6th May 2022
      5) 8th May 2022
      

      Answer & Explanation

      Answer-2) 7th May 2022
      Explanation:
      World Athletics Day 2022 was observed across the globe on 7th May 2022 to encourage sports activities throughout the world and to promote the importance of fitness and health.
      i. The 1st World Athletics Day in 1996 was themed around the Centennial edition of the Olympic Games in Atlanta.
      ii. The observance of the World Athletics Day was introduced as a social responsibility project titled “Athletic for a Better World” by International Association of Athletics Federations (IAAF), formerly the International Amateur Athletic Federation,
      
      
      
   10. In May 2022, a new electoral map for Jammu and Kashmir was released.
       How many total seats are created in Jammu and Kashmir, as per the Delimitation Commission?
       
       1) 87
       2) 95
       3) 80
       4) 75
       5) 90
       

       Answer & Explanation

       Answer-5) 90
       Explanation:
       Redrawing the electoral map of Jammu and Kashmir, a three-member Delimitation Commission earmarked 47 Assembly seats for Kashmir division and 43 for Jammu in its final order submitted just a day before its two-year tenure was to end. The total number of seats in Jammu & Kashmir to 90 from 83 earlier.
       i. The three members of the panel are retired Supreme Court judge Ranjana Prakash Desai(head) with two other ex-officio members, Chief Election Commissioner Sushil Chandra and Chief Electoral Officer of Jammu and Kashmir KK Sharma.