Current Affairs quiz 2022, Daily gk updates and Current affairs is playing a major role in any competitive exam. so here we are providing the current affairs quiz on daily basis for Bank, SSC, Railway and Other Government Competitive Examinations.
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Q.1. Under the Global Biofuel Alliance Initiative, India has announced at the G20 summit to take ethanol blending with petrol globally to how much percent?
Exp. PM Modi launches global biofuels alliance at G20 summit in New Delhi
India has launched the Global Biofuel Alliance at a G20 summit in New Delhi.
Prime Minister Narendra Modi launched the alliance on the sidelines of the summit.
US President Joe Biden, Argentina President Alberto Fernández, Bangladesh Prime Minister Sheikh Hasina, Singapore Prime Minister Lee Hsien Loong, Brazil President Luiz Inácio Lula da Silva among others were present on the occasion.
The Global Biofuel Alliance is an India-led Initiative to develop an alliance of Governments, International organizations, and Industry to facilitate the adoption of biofuels.
The initiative aims to position biofuels as a key to energy transition and contribute to jobs and economic growth. The initiative will benefit India at multiple fronts.
The Alliance which will help strengthen India’s position globally and will focus on collaboration. It will provide additional opportunities to Indian industries in the form of exporting technology and equipment.
India’s proposal is to take an initiative at a global level to take ethanol blending in petrol up to 20 percent. The Prime Minister invited all of the countries to join the Global Biofuel Alliance.
PM Modi also proposed to launch the G20 Satellite Mission for Environment and Climate Observation. The data obtained from India’s Moon Mission, Chandrayaan will be beneficial for all of humanity.
Modi also said that the climate and weather data obtained from this will be shared with all the countries, especially the countries of the Global South.
Q.2. A UAE-based global leader in cooling utilities, Tabreed has partnered with which state government to develop cooling infrastructure for industrial and commercial parks?
Exp. Telangana government partners with Tabreed for cooling infrastructure
A UAE-based global leader in cooling utilities, Tabreed has partnered with Telangana government to develop cooling infrastructure for industrial and commercial parks.
It will invest USD 200 million to develop 1,25,000 RT (refrigeration tonne) of district cooling plants for Hyderabad Pharma City.
Aim: To aid 6,800 GWh of power as well as 41,600 megalitres of water savings, and has the potential to reduce over 200 MW of peak electricity demand.
Telangana is set to house Asia’s largest district cooling system to establish cooling infrastructure for industrial parks.
About Telangana
Established – 2 June 2014
Capital – Hyderabad
Chief Minister – K. Chandrashekar Rao
Governor – Tamilisai Soundararajan
Q.3. Which state’s CM has flagged off 181 Mobile Veterinary vehicles to provide healthcare services to livestock in the state under ‘Mukhyamntri Bhramyaman Pranichikitsa Seva?
Exp. Odisha CM flagged off 181 Mobile Veterinary vehicles
Odisha Chief Minister Naveen Patnaik has flagged off 181 Mobile Veterinary vehicles to provide healthcare services to livestock in the state.
The Mobile Veterinary vehicles were flagged under ‘Mukhyamntri Bhramyaman Pranichikitsa Seva.’
The mobile veterinary units will provide emergency veterinary health care to stray and abandoned animals through the Animal Helpline at the time of need.
About Odisha
Capital – Bhubaneswar
Chief Minister – Naveen Patnaik
Governor – Ganeshi Lal
Q.4. Which bank has launched the ‘Nation First Transit Card’ to facilitate the seamless and convenient customer commuting experience?
Exp. SBI Unveils Nation First Transit Card for Digital Fare Payments
The State Bank of India, the country’s largest lender, has launched the ‘Nation First Transit Card’ to facilitate the seamless and convenient customer commuting experience.
Objective – To ensure easy digital ticketing fare payments in metro, buses, water ferries, parking, etc. through a single card and individuals can also use this card for making retail and e-commerce payments.
The Nation First Transit Card powered by RuPay and National Common Mobility Card (NCMC) technology, is set to revolutionize the commuting experience and is aligned with the national vision of “One Nation One Card”.
About State Bank of India (SBI)
Founded – 1 July 1955
Headquarters – Mumbai, Maharashtra
Chairman – Dinesh Kumar Khara
Imperial Bank of India was previous name of SBI.
The presidency Banks of Bengal, Bombay and Madras with merged in 1921 to Imperial Bank of India.
Tagline – (1) Pure Banking Nothing Else
(2) With you all the way
(3) A bank of the common man
(4) The banker to every Indian
(5) The Nation banks on us
Q.5. Which country has introduced a self-sovereign national digital ID for all its citizens, powered by blockchain technology?
Exp. Bhutan introduces self-sovereign national digital ID for all citizens
Bhutan has introduced a self-sovereign national digital ID for all its citizens, powered by blockchain technology.
The innovative national digital identity system was created by Druk Holding and Investments, the commercial and investment arm of the Bhutanese government.
National Digital ID is the platform on which digitization and online services of banks to hospitals to taxation to universities, everything can come online with 100 percent assurance.
The new system is anticipated to serve as the foundation for the complete digitization of the country’s services.
About Bhutan
Capital – Thimphu
Currencies – Bhutanese Ngultrum
Official language – Dzongkha
Prime minister – Lotay Tshering
Q.6. Which card issuer company has launched new features of its super-premium card ‘AURUM’, targeted at the premium section of society, such as high-net-worth individuals?
Exp. SBI Card adds new features to AURUM super premium credit card
India’s largest credit card issuer, SBI Card has launched new features of its super-premium card ‘AURUM’, targeted at the premium section of society, such as high-net-worth individuals.
With the enhancements, AURUM cardholders will be able to avail benefits worth up to Rs 2 lakh annually, based on their spending.
The card offers unlimited international lounge access to cardholders, as well as four international lounge visits for accompanying guests.
In addition, the card also offers a one-year Club Marriott membership as a welcome gift.
AURUM has been tailored to meet the discerning taste and lifestyle of the globetrotting and high-flying executives who pursue excellence in every aspect of their life.
The joining and annual membership fee for this by-invitation-only card is Rs 9,999, an amount that will be reversed once the cardholder achieves a milestone of Rs 12 lakh spending in the card membership year.
Q.7. Which company has partnered with KredX in a strategic move aimed at revolutionizing B2B digital payments, ensuring benefits for both enterprises and vendors?
Exp. Mastercard partners with KredX to Make B2B Payments Rewarding for Vendors
Mastercard has partnered with KredX, a supply chain finance platform, in a strategic move aimed at revolutionizing B2B digital payments, ensuring benefits for both enterprises and vendors.
This partnership involves Mastercard seamlessly integrating its commercial card services into the KredX platform, effectively streamlining the intricacies commonly associated with B2B payments.
Leveraging Artificial Intelligence, the platform serves as an end-to-end procure-to-pay solution for businesses, expediting the matching and processing of invoices with utmost efficiency.
This collaborative platform aims to address other common challenges encountered in B2B payments, such as protracted accounting and reconciliation processes, limited vendor acceptance, and frequent chargebacks.
Notably, it will play a pivotal role in driving the adoption of digital payments by enabling even small vendors to receive payments, even in the absence of in-house payment gateways and point-of-sale (PoS) machines.
Recent MoU in Banking Sector
Indian Bank partners with OneCard to launch mobile-first, premium credit card
REC signs USD 100 million Loan Agreement with EXIM Bank
IREDA signs MoU with IIFCL to finance renewable energy projects
Razorpay partners with Truecaller for instant checkout
LIC Partners with Saraswat Cooperative Bank to Increase the life Insurance
Q.8. Which bank has recently launched the UPI ATM facility at over 6,000 ATMs across the country?
Exp. Bank of Baroda enables UPI ATM facility at over 6,000 ATMs
State-owned Bank of Baroda (BoB) has enabled the UPI ATM facility at over 6,000 ATMs across the country.
It is the first public sector bank to launch UPI ATMs, in coordination with the National Payments Corporation of India (NPCI) and powered by NCR Corporation.
Customers as well as customers of all participating issuer banks using any UPI-enabled Mobile app can withdraw cash from Bank of Baroda UPI ATMs without using their debit card.
Using the Interoperable Cardless Cash Withdrawal (ICCW) technology, which facilitates cardless cash withdrawals through ATMs, the UPI ATM enables seamless QR-based cash withdrawals, doing away with the need to carry a Card to withdraw cash, it
One of the major benefits of the UPI ATM facility is that customers can withdraw cash from multiple accounts linked to UPI.
UPI ATM transactions are also quicker, convenient, and secured as they generate a single-use dynamic QR code for every transaction and ensure a safe banking experience.
About Bank of Baroda (BOB)
Founded – 1908
Headquarters – Vadodara, Gujarat
MD & CEO – Debadatta Chand
Tagline – India’s International Bank
Q.9. Which company has launched a new credit card Simply SAVE Merchant Card for MSMEs to cater to their short-term credit requirements?
Exp. SBI Card launches credit card for MSMEs to cater to short-term credit needs
Credit card issuer SBI Card has launched a new credit card Simply SAVE Merchant SBI Card for MSMEs to cater to their short-term credit requirements.
Available on RuPay network, the card be linked to UPI for payments through various UPI-enabled third-party apps.
The launch of the SimplySAVE Merchant SBI Card is an attempt to address this larger segment by extending interest-free short-term credit to MSMEs.
About SBI Cards
SBI Cards and Payment Services is a non-banking financial company by SBI offering an extensive credit card portfolio to individual cardholders and corporate clients including lifestyle, rewards, travel & fuel, and banking partnerships cards along with corporate cards.
It had a base of over 17 million cards as of the first quarter of the current financial year.
Recent Facilities Launched in Banking & Insurance Sector
SBI Life Insurance launches its very first ‘LifeVerse Studio’ on Meta
ICICI Prudential Life Insurance launches ICICI Pru GIFT Pro income plan
Mastercard launches ALT ID solution for enhanced online payments
SBI introduces UPI interoperability in Digital Rupee
Q.10. Which of the following has signed a Memorandum of Understanding (MoU) with the Union Bank of India and Bank of Baroda to co-finance renewable energy (RE) projects?
(a) Power Finance Corporation / पावर फाइनेंस कॉर्पोरेशन
(b) Solar Energy Corporation of India / भारतीय सौर ऊर्जा निगम
(c) THDC India Limited / टीएचडीसी इंडिया लिमिटेड
(d) BEML Ltd / बीईएमएल लिमिटेड
(e) Indian Renewable Energy Development Agency / भारतीय नवीकरणीय ऊर्जा विकास एजेंसी
Answer & Explanation
Ans.10.(e)
Exp. IREDA signs MoUs with Union Bank of India and Bank of Baroda
Indian Renewable Energy Development Agency (IREDA) has signed a Memorandum of Understanding (MoU) with the Union Bank of India and Bank of Baroda to co-finance renewable energy (RE) projects.
Through the agreement, IREDA will collaborate with the banks in co-lending and loan syndication of emerging and established RE projects.
This collaboration aims to extend our reach, particularly in tier-2 & tier-3 cities and rural areas, enabling us to provide unique and innovative financial support to existing and new customers.
The MoU will come into effect immediately and is valid for a period of 5 years. The MoU will be extended if both parties consent. Union Bank said the collaboration will include co-originating projects including small hydro projects and ethanol projects.
Recent MoU in Banking Sector
Airtel Payments Bank partnered with Frontier Markets to support 1 lakh women
DBS partners with Maptrasco to complete the first eBL transaction
Axis Bank partners with RBI innovation hub to launch KCCs and MSME loans
NHA and IRDAI collaborate to boost digital health integration in insurance
IIITD-IC partners with YES Bank to scale up Indian startups
Q.11. The 37th National Games will be held in which state from 25 October to 9 November 2023?
Exp. Tennis phenom Coco Gauff won US Open women’s singles final 2023
Coco Gauff joined the list of women’s singles champions at the US Open in the Open era with her come-from-behind victory over Aryna Sabalenka of Belarus.
The championship match marked the first appearance by both athletes in a U.S. Open final.
She last played in a Grand Slam final in 2022, losing the French Open to Iga Swiatek.
Since the beginning of the Open era (1968), Gauff is the 28th different women to have won the singles title at Flushing Meadows. She is the youngest American champion since Serena Williams in 1999.
USA’s Chris Evert and Serena hold the record for most US Open titles (6) won by a woman followed by Steffi Graf (5).
Q.13. Which country has recently launched its first operational tactical nuclear attack submarine “Submarine No 841”?
Exp. North Korea launches new ‘tactical nuclear attack submarine’
North Korea has launched its first operational “tactical nuclear attack submarine”, a key part of leader Kim Jong Un’s plan to develop a nuclear-armed navy to counter the United States and its Asian allies.
Submarine No 841 – named Hero Kim Kun Ok after a prominent North Korean historical figure – was launched on Wednesday with Kim overseeing the event.
The submarine was designed to launch tactical nuclear weapons from underwater, and “heralded the beginning of a new chapter” for North Korea’s navy.
About North Korea
Capital – Pyongyang
Currency – won
President – Kim Jong -un
Q.14. National Forest Martyrs Day is observed every year on which day?
राष्ट्रीयवनशहीददिवसहरवर्षकिसदिनमनायाजाताहै?
(a) 11 September / 11 सितम्बर
(b) 12 September / 12 सितम्बर
(c) 13 September / 13 सितम्बर
(d) 10 September / 10 सितम्बर
(e) 14 September / 14 सितम्बर
Answer & Explanation
Ans.14.(a)
Exp. 11 September – National Forest Martyrs Day
National Forest Martyrs Day is observed every year on 11 September.
This day honours the sacrifices made by individuals for the preservation of forests and wildlife. It also aims to raise awareness about the importance of conserving our forests, wildlife, and natural resources.
In 1730, the historic Khejarli massacre occurred within the Marwar Kingdom when Maharaja Abhai Singh of Rajasthan ordered the cutting of trees in the Bishnoi village of Khejarli to obtain timber for a new palace.
The Bishnoi community vehemently opposed this action and were willing to lay down their lives to protect the forest. Ultimately, in response to these events, the orders were revoked.
In remembrance of the sacrifices made by the Bishnoi community, the Ministry of Environment, Forest and Climate Change selected September 11th to observe National Forest Martyrs Day in 2013.