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Current Affairs Quiz:12 May 2022

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AffairsCloud brings you the complete and important daily Current Affairs 12 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. The Ministry of MSME recently (in May’ 22) launched the ‘2nd phase of the MSME RuPAY Credit Card’ with National Payments Corporation of India (NPCI) and 4 banks.
      Which of the following is “not” among the banks that are part of the 2nd Phase of MSME Rupay Credit Card (as of May 2022)?

      1) Bank of Baroda
      2) Kotak Mahindra Bank
      3) State Bank of India
      4) SBM Bank India
      5) HDFC Bank
      Answer-3) State Bank of India
      Union Minister Narayan Rane, Ministry of Micro, Small and Medium Enterprises (M/oMSME) launched the second phase of MSME RuPAY Credit Card with National Payments Corporation of India (NPCI) and four banks, viz. Kotak Mahindra Bank, Bank of Baroda, SBM Bank (India) and HDFC Bank.
      i. The launch was made during the ‘National conference of MSME- Development Institutes, Testing Centers and Technology Centres’, that was held in New Delhi, Delhi.
      ii. This card will provide a simplified payment mechanism to MSMEs to meet their business-related operational expenses.

    2. ________ became the 1st Asian country to join the North Atlantic Treaty Organization Cooperative Cyber Defence Centre of Excellence (NATO CCDCOE).
      1) Pakistan
      2) Singapore
      3) Afghanistan
      4) Japan
      5) South Korea
      Answer-5) South Korea
      South Korea became the first Asian country to join the North Atlantic Treaty Organization Cooperative Cyber Defence Centre of Excellence (NATO CCDCOE). South Korea’s National Intelligence Service (NIS) has joined as a contributing participant for NATO Cooperative Cyber Defence Centre of Excellence.
      i. Now, the total NATO CCDCOE has 32 countries as its official members which includes 27 NATO member countries and 5 five non-NATO states as contributing participants.

    3. Which country was recently (in May’22) elected as the Chair of the Association of Asian Election Authorities (AAEA) for 2022-2024?
      1) Maldives
      2) India
      3) Malaysia
      4) Vietnam
      5) Thailand
      Answer- 2) India
      India has been elected as the Chair of the Association of Asian Election Authorities (AAEA) for 2022-2024 at AAEA’s general assembly and executive board meeting held in Manila, Philippines. India was represented by the Election Commission of India(ECI).
      i. Commission on Elections, Manila, Philippines was the current chair of AAEA.
      About Association of Asian Election Authorities (AAEA):
      Established- 1998
      Current Chairperson – Sheriiff M.Abas (Philippines-Current Chair)
      Headquarter – Manila, Philippines

    4. Which life insurance company recently (in May’22) launched the financial literacy campaign named “InspiHE₹-Enabling an empowered future”?
      1) Aegon Life Insurance
      2) Aviva Life Insurance
      3) Bharti AXA Life Insurance
      4) Edelweiss Tokio Life Insurance
      5) Birla Sun Life Insurance
      Answer-3) Bharti AXA Life Insurance
      Bharti AXA Life Insurance has launched the financial literacy campaign ‘InspiHE₹-Enabling an empowered future’, a special initiative to enhance financial awareness among women and empower them to make informed financial decisions for a secure future.
      i. The campaign was launched in line with “International Mother’s Day” (May 8, 2022) and ahead of the “International Day of Families” (May 15, 2022).
      ii. This campaign will help them prepare for emergencies, manage rising living costs and inflation, make confident financial decisions, and educate their children how to achieve financial independence.

    5. Which organisation was recently (in May’22) recognised as an accreditation agency for 3 years by the Securities and Exchange Board of India (SEBI)?
      1) NSDL Database Management Limited
      2) ICICI Securities Limited
      3) HDFC Securities Limited
      4) Axis Securities Limited
      5) Central Depository Services
      Answer-1) NSDL Database Management Limited
      The Securities and Exchange Board of India (SEBI) has given NSDL Database Management Limited (NDML), a wholly owned subsidiary of National Securities Depository Limited (NSDL), recognition as an accreditation agency for a term of three years, with effect from May 10, 2022.
      i. The recognition was granted under Regulation 2(1) (aa) of the SEBI (Alternative Investment Funds) Regulations 2012, and its renewal is subject to satisfactory performance by NDML.

    6. Name the personality who was recently (in May’22) conferred with the Royal Gold Medal 2022 for Architecture.
      1) Chitra Vishwanath
      2) Raj Rewal
      3) Brinda Somaya
      4) Anupama Kundoo
      5) Balkrishna Vithaldas Doshi
      Answer-5) Balkrishna Vithaldas Doshi
      The Indian Architect Balkrishna Vithaldas Doshi was bestowed with the prestigious Royal Gold Medal 2022, one of the world’s highest honours for architecture, by the Royal Institute of British Architects (RIBA), London, United Kingdom (UK).
      i. In 2018 he received the Pritzker Architecture Prize which is considered as Nobel Prize in Architecture and he will be the only Indian Architect to hold both the Pritzker Architecture Prize and Royal Gold Medal.
      ii. He was honoured with Padma Shri in 1976 for science and engineering and Padma Bhushan, India’s third-highest Civilian in 2020 for his contribution to the field of architecture.

    7. Who recently (in May ’22) won the Presidential Election of Philippines 2022?
      1) Jose Montemayor Junior
      2) Panfilo Lacson
      3) Sara Duterte
      4) Ferdinand Marcos Junior
      5) Isko Moreno
      Answer-4) Ferdinand Marcos Junior
      Ferdinand “Bongbong” Marcos Junior, a son of late Philippine dictator Ferdinand Marcos claims the victory in the 2022 Presidential Election of Philippines with more than 30.8 million votes.
      i. Leni Robredo is the vice president candidate in the election.

    8. Name the Indian Grandmaster who recently (in May’22) secured 2nd place in the TePe Sigeman Chess Tournament 2022 held in Malmo, Sweden.
      1) D Gukesh
      2) Arjun Erigaisi
      3) N. R. Visakh
      4) Adhiban Baskaran
      5) Himanshu Sharma
      Answer- 2) Arjun Erigaisi
      Indian Grandmaster Arjun Erigaisi from Telangana finished second in the 2022 TePe Sigeman Chess Tournament, an 8-player single round-robin tournament taking place from 3-9 May 2022 in Malmo, Sweden.
      i. Hans Moke Niemann from the United States of America is the champion of the tournament.

    9. Leonid Kravchuk who passed away recently (in May ’22). He was the 1st president of independent _______ from 1991 to 1994.
      1) Ukraine
      2) Kyrgyzstan
      3) Belarus
      4) Lithuania
      5) Estonia
      Answer-1) Ukraine
      Independent Ukraine’s first president Leonid Makarovych Kravchuk (Leonid Kravchuk) passed away at the age of 88 in Kyiv, Ukraine.
      i. In 1991, he won the first-ever national presidential election in Ukraine and became the first-ever President of Ukraine. He served as the President from 1991 to 1994 and he also played a major role in Ukraine’s declaration of independence from the Soviet Union in 1991.

    10. Which state recently (in May’22) launched ‘Chaara – Bijaee Yojana’ to provide Rs 10,000 per acre to farmers cultivating fodder?
      1) Madhya Pradesh
      2) Jharkhand
      3) Haryana
      4) Rajasthan
      5) Punjab
      Answer- 3) Haryana
      The Haryana Agriculture Minister, Jai Parkash Dalal launched the ‘Chaara – Bijaee Yojana’, a scheme launched to provide financial assistance of Rs 10,000 per acre (Upto 10 acres) to farmers cultivating and supplying fodder to Gaushalas (Cowsheds).
      i. The rationale behind the scheme is to address the State’s fodder shortage and rising stray cattle and the Subsidy will be directly credited to the farmers account under Direct Benefit Transfer (DBT).