AffairsCloud brings you the complete and important daily Current Affairs 8 March 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 8 March 2022
- In March 2022, the Ministry of Labour & Employment (MoL&E) launched a ‘Donate-a-Pension’ programme to contribute to the pension fund to their support staff.
The ‘Donate-a-Pension’ programme was launched under which of the following schemes?
1) National Pension Scheme
2) Pradhan Mantri Rojgar Protsahan Yojana
3) Pradhan Mantri Shram Yogi Maan-Dhan Yojana
4) Aam Admi Beema Yojana
5) Aatmanirbhar Bharat Rojgar YojanaAnswer-3) Pradhan Mantri Shram Yogi Maan-Dhan Yojana
Explanation:
Union Minister Bhupender Yadav, Ministry of Labour & Employment (MoL&E), has launched ‘Donate-a-Pension’ programme under Pradhan Mantri Shram Yogi Maan-Dhan Yojana (PM-SYM) for people to contribute to the pension fund to their support staff.
i. This initiative is one of the events planned by MoL&E, for the ‘Iconic Week’ celebration observed from 7th to 13th March 2022.
About Donate-a-Pension initiative:
An initiative under the PM-SYM pension scheme that encourages people to donate the premium contribution of their immediate support staff such as domestic workers, drivers, helpers, care givers, nurses, in their household or establishment or any other eligible unorganized workers. - In March 2022, the Ministry for Fisheries, Animal Husbandry & Dairying inaugurated the ‘Sagar Parikrama’, an initiative to solve the concerns of the fishermen community.
________ is the first state as part of the Sagar Parikrama initiative.
1) Kerala
2) Karnataka
3) Maharashtra
4) Gujarat
5) OdishaAnswer-4) Gujarat
Explanation:
The Union Ministry for Fisheries, Animal Husbandry and Dairying , Parshottam Rupala inaugurated the ‘Sagar Parikrama’, an initiative to solve the concerns of the fishermen community in Gujarat, marked as the first state as part of Parikrama initiative.
i. Sagar Parikrama was flagged from the freedom fighter Shyamiji Krishna Varma Memorial at Mandvi, Gujarat, on the first day it reached Okha in Devbhumi Dwarka district, Gujarat and the first leg of Sagar Parikrama will end at Porbandar, Gujarat & Indian Coast Guard (ICG) Hovercraft is on board for the Parikrama.
ii. It covers 9 maritime States/4UTs and provides livelihood support to millions of coastal fisher folk as a part of ‘Azadi Ka Amrit Mahotsava’. - Which Ministry recently (in March’22) signed an MoU with National Institute of Entrepreneurship & Small Business Development (NIESBUD) to Implement the Start-up Village Entrepreneurship Programme?
1) Ministry of Skill Development and Entrepreneurship
2) Ministry of Rural Development
3) Ministry of Commerce and Industry
4) Ministry of Labour and Employment
5) Ministry of MSMEAnswer-2) Ministry of Rural Development
Explanation:
National Institute of Entrepreneurship and Small Business Development (NIESBUD), an autonomous organization under the Ministry of Skill Development and Entrepreneurship (MSDE) have signed an MoU with the Ministry of Rural Development (MoRD) to develop a sustainable model for promoting entrepreneurship at the grassroots by initiating the Start-up Village Entrepreneurship Programme (SVEP).
i. SVEP is a sub-component of Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY–NRLM) of the MoRD.
ii. Under this partnership, rural entrepreneurs will get access to banking systems for receiving financial support for starting their enterprises, including support from MUDRA bank. - In March 2022, Prime Minister Narendra Modi participated in a virtual summit of Quadrilateral Security Dialogue (Quad) leaders meeting.
Which country is not a member of the Quad group of nations?
1) France
2) USA
3) Australia
4) India
5) JapanAnswer-1) France
Explanation:
Indian Prime Minister Narendra Modi has participated in the Quadrilateral Security Dialogue (QUAD) leaders virtual meeting along with President of United States of America (USA) Joseph R Biden, Prime Minister of Australia Scott Morrison, and Prime Minister of Japan Fumio Kishida, which focused on the Indo-Pacific developments.
What is QUAD:
‘Quadrilateral Security Dialogue’ (QSD), the Quad is an informal strategic forum comprising four nations, namely the United States of America (USA), India, Australia and Japan. The group met for the first time in 2007 on the sidelines of the Association of Southeast Asian Nations (ASEAN) with the primary objective of the Quad is to work for a free, open, prosperous and inclusive Indo-Pacific region. - In March 2022, ___________ bank sanctioned a loan of _________ to Jammu and Kashmir Infrastructure Development Finance Corporation Ltd (JKIDFC) to provide funding for infrastructure development.
1) Indian Overseas Bank; Rs 3,000 crore
2) Bank of India; Rs 4,000 crore
3) Bank of Baroda; Rs 2,000 crore
4) Indian Overseas Bank; Rs 1,000 crore
5) Bank of India; Rs 5,000 croreAnswer-4) Indian Overseas Bank; Rs 1,000 crore
Explanation:
The Indian Overseas Bank (IOB) has sanctioned a loan of Rs 1,000 crore to Jammu and Kashmir Infrastructure Development Finance Corporation Ltd (JKIDFC) under an agreement signed by both entities. Rs 500 crore has already been disbursed by the bank.
i. This funding by the bank is a part of its business plan to widen credit growth and funding infrastructure development across the nation.
ii. IOB is one of the first public sector banks to lend to JKIDFC and through this funding, implementing departments now speed up the pace of projects which are under execution at various levels of completion. - Which organization recently (in March’22) signed an MoU with Indian Banks Association (IBA) to improve creditors handling of bankruptcy cases?
1) Insolvency and Bankruptcy Board of India
2) Small Industries Development Bank of India
3) Telecom Regulatory Authority of India
4) Insurance Regulatory and Development Authority
5) Securities and Exchange Board of IndiaAnswer-1) Insolvency and Bankruptcy Board of India
Explanation:
Insolvency and Bankruptcy Board of India (IBBI), an insolvency regulator signed an MoU with Indian Banks Association (IBA) to collaborate on capacity building for financial creditors on topics related to insolvency, bankruptcy and related subjects.
i. The MoU was signed during the workshop on ‘Committee of Creditors: An Institution of Public Faith’ organised jointly by IBBI, SBI(State Bank of India) and IBA at New Delhi.
About Insolvency and Bankruptcy Board of India (IBBI):
Establishment – 1st October, 2016 (under the Insolvency and Bankruptcy Code, 2016) Headquarters – New Delhi, Delhi
Chairperson – Ravi Mital - In March 2022, _________ won the 1st prize in Ispat Rajbhasha Award for 2018-19 and 2020-21 & the Ispat Rajbhasha Prerna Award for 2019-20.
1) Oil and Natural Gas Corporation
2) National Hydroelectric Power Corporation Ltd
3) National Mineral Development Corporation Ltd
4) National Aluminium Company Ltd
5) Steel Authority of IndiaAnswer-3) National Mineral Development Corporation Ltd
Explanation:
National Mineral Development Corporation Ltd. (NMDC), India’s largest Iron Ore producer, under the Ministry of Steel, has won the 1st prize in Ispat Rajbhasha Award for 2018-19 and 2020-21 and the Ispat Rajbhasha Prerna Award for 2019-20.
i. MOIL Limited received Ispat Rajbhasha Samman 2018-19 & 2019-20
ii. The award was presented during the Meeting of the Hindi Advisory (Salahakar) Committee of the Ministry of Steel under the Chairmanship of Ram Chandra Prasad Singh, Union Minister of Steel held in Madurai, Tamil Nadu, on 3rd March 2022. - In March 2022, India’s 1st indigenous flying trainer named ‘HANSA-NG (New Generation)’ completed the sea-level trials at Puducherry.
Which organization developed the ‘HANSA-NG’?
1) Bharat Electronics Limited
2) CSIR-National Aerospace Laboratories
3) Defence Research and Development Organisation
4) Hindustan Aeronautics Limited
5) Indian Space Research OrganisationAnswer-2) CSIR-National Aerospace Laboratories
Explanation:
India’s first indigenous flying trainer ‘HANSA-NG (New Generation)’ designed and developed by Bengaluru (Karnataka) based CSIR-National Aerospace Laboratories (NAL), has successfully completed the sea-level trials at Puducherry from February 19 to March 5, 2022.
i. The aircraft was flown to Puducherry covering 140 nautical miles in one-and-half-hours at a speed of 155 km per hour.
ii. NAL operates under the aegis of Council of Scientific and Industrial Research (CSIR).
iii. HANSA-NG is an ideal aircraft for Commercial Pilot Licensing (CPL) due to its low cost and low fuel consumption. - Name the personality who has been selected to represent India at the 2041 Climate Force Antarctica Expedition in March 2022.
1) Sumaira Abdulali
2) Aarushi Verma
3) Vivek Gurav
4) Sunita Narain
5) Viral DesaiAnswer-2) Aarushi Verma
Explanation:
Aarushi Verma, a national-level shooter and an environmentalist hailing from Delhi has been selected to represent India at the 2041 Climate Force Antarctica Expedition which is set to be held in March 2022.
i. Aarushi Verma is a national level shooter in Pistol and trap shooting and a State & Northern India Champion & National medalist, and an active environmentalist.
2041 Climate Force Antarctica Expedition:
2041 Climate Force is a global initiative to train and develop the next generation of sustainability champions and to help corporations with their sustainability solutions. - What is the theme of the 4th Jan Aushadhi Diwas that was observed across India on 7th March 2022?
1) Aushadhi bhi -Rozgar bhi
2) Jan Upyogi- Jan Aushadhi
3) Har Ghar-Aushadhi
4) Jan Aushadhi-Jan Upyogi
5) Seva Bhi – Rozgar bhiAnswer-4) Jan Aushadhi-Jan Upyogi
Explanation:
The Jan Aushadhi Diwas, also known as Generic Medicine Day, is annually observed across India on 7th March to create awareness about the usage of generic medicines and the benefits of Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP).
i. 7th March 2022 marks the observance of the 4th Jan Aushadhi Diwas with the theme of “Jan Aushadhi-Jan Upyogi”.
ii. Jan Aushadhi Diwas week 2022 was observed from 1st March to 7th March 2022.
iii. The day is celebrated by the Pharmaceuticals & Medical Devices Bureau of India (PMBI), under the aegis of the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers.
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