Current Affairs Quiz 16th March 2022 : Daily GK Update Quiz

Daily Current Affairs 16th March 2022 Quiz

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. Ahimsa Vishwa Bharti (AVB) organization will establish India’s first World Peace Center in ____________________________.

अहिंसा विश्व भारती संगठन _____________________ में भारत का पहला विश्व शांति केंद्र स्थापित करेगा।

(a) Jaipur, Rajasthan / जयपुर, राजस्थान

(b) Mumbai, Maharashtra / मुंबई, महाराष्ट्र

(c) Chennai, Tamil Nadu / चेन्नई, तमिलनाडु

(d) Gurugram, Haryana / गुरुग्राम, हरियाणा

(e) Bengaluru, Karnataka / बेंगलुरु, कर्नाटक

Answer & Explanation
Ans.1.(d)

Exp. India’s first ‘World Peace Center’ to be established in Gurugram, Haryana

Ahimsa Vishwa Bharti (AVB) organization will establish India’s first World Peace Center in Gurugram, Haryana. The Center will work for the establishment of peace and harmony in the world.

The land for the construction of the World Peace Center (WPC) was allocated by the Haryana Government to the organization. The Construction work of about 25000 square feet will be completed in two years.

The Organization will conduct programs of Peace Education, prepared with the coordination of ancient knowledge and modern science for students, teachers, youth, women, doctors, engineers, lawyers, etc.

Q.2. Which city has announced its detailed framework to ‘zero out carbon emissions by 2050’ and became the first city in South Asia to set such a target?

किस शहर ने 2050 तक कार्बन उत्सर्जन को शून्यकरने के लिए अपने विस्तृत ढांचे की घोषणा की है और ऐसा लक्ष्य निर्धारित करने वाला दक्षिण एशिया का पहला शहर बन गया है?

(a) New Delhi / नई दिल्ली

(b) Mumbai / मुंबई

(c) Hyderabad / हैदराबाद

(d) Bengaluru / बेंगलुरु

(e) Pune / पुणे

Answer & Explanation
Ans.2.(b)

Exp. Mumbai became first South Asian City to set target of Net-Zero Carbon Emissions by 2050

Mumbai, Maharashtra announced its detailed framework to ‘zero out carbon emissions by 2050’ and became the first city in South Asia to set such a target.

Mumbai’s target is 20 years ahead of India’s target to reach net zero emissions by 2070. Targets also include a 30 per cent reduction in greenhouse gas (GHG) emissions by 2030 and 44 per cent reduction by 2040.

Mumbai set several short-term goals for decarbonisation measures such as electrifying public transport, it plans to adopt 2,100 electric buses by 2023 at a cost of 130 billion rupees (USD $1.7 billion).

Brihanmumbai Municipal Corporation (BMC) has devised the Mumbai Climate Action Plan (MCAP) as a part of its commitment towards building a climate-resilient city.

Q.3. Which state has emerged on top in maternal and child health, recording the lowest Maternal Mortality Ratio (MMR) of 30 (per one lakh live births) in the country?

कौन सा राज्य मातृ एवं शिशु स्वास्थ्य में शीर्ष पर उभरा है, जिसने देश में सबसे कम मातृ मृत्यु अनुपात (MMR) 30 (प्रति एक लाख जीवित जन्म) दर्ज किया है?

(a) Rajasthan / राजस्थान

(b) Tamil Nadu / तमिलनाडु

(c) Maharashtra / महाराष्ट्र

(d) Telangana / तेलंगाना

(e) Kerala / केरल

Answer & Explanation
Ans.3.(e)

Exp. Kerala topped in maternal and child health in India; recorded lowest MMR of 30

Kerala has yet again emerged on top when it comes to maternal and child health, with the State recording the lowest Maternal Mortality Ratio (MMR) of 30 (per one lakh live births) in the country.

According to the latest data, India’s maternal mortality ratio (MMR) has improved to 103 for the period 2017-19. Maternal Mortality Ratio (MMR) is defined as the number of maternal deaths per 100000 live births.

The Maternal Mortality Ratio (MMR) of Kerala has dropped from 42 to 30. Kerala has achieved the UN Sustainable Development Goals of MMR in the year 2020 itself.

Kerala, Telangana, and Maharashtra are included in the top 3 states with the lowest MMR in India. Italy, Norway, Poland, and Belarus have the lowest MMR in the world.

The Maternal Mortality Ratio (MMR) has worsened in West Bengal, Haryana, Uttarakhand, and Chhattisgarh. The maternal mortality ratio (MMR) has drastically improved in UP, Rajasthan, and Bihar.

Q.4. Ministry of Micro, Small & Medium Enterprises (MSME) has extended ‘Credit Guarantee Scheme for Subordinate Debt (CGSSD)’ worth Rs 20,000 crores for stressed MSMEs till _____________________.

सूक्ष्म, लघु और मध्यम उद्यम मंत्रालय (MSME) ने तनावग्रस्त MSMEs के लिए 20,000 करोड़ रुपये की अधीनस्थ ऋण के लिए क्रेडिट गारंटी योजना (CGSSD)’ को ____________________ तक बढ़ा दिया है।

(a) March 2023 / मार्च 2023

(b) December 2023 / दिसंबर 2023

(c) March 2024 / मार्च 2024

(d) December 2024 / दिसंबर 2024

(e) September 2025 / सितम्बर 2025

Answer & Explanation
Ans.4.(a)

Exp. “Credit Guarantee Scheme for Subordinate Debt” for MSMEs extended till March 2023

Ministry of Micro, Small & Medium Enterprises (MSME) has extended ‘Credit Guarantee Scheme for Subordinate Debt (CGSSD)’ worth Rs 20,000 crores for stressed MSMEs for 1 year till March 31, 2023, on the basis of the requests received from the stakeholders.

Initially the scheme was up to March 31, 2021. The government later extended this scheme up to March 31, 2022.

The ‘Distressed Assets Fund- Subordinate Debt for Stressed MSMEs’ was created on May 13, 2020 under the Aatma Nirbhar Bharat’ economic package.

The CGSS was approved by the Government on June 1, 2020 and the scheme was launched on June 24, 2020 to provide credit facility through lending institutions to the promoters of stressed MSMEs viz. SMA (Special Mention Account)-2 and Non-Performing Assets (NPAs) accounts, who are eligible for restructuring.

Q.5. As per Bloomberg’s recent data on Market capitalization, what is the rank of India’s equities market in terms of market capitalization?

बाजार पूंजीकरण पर ब्लूमबर्ग के हालिया आंकड़ों के अनुसार, बाजार पूंजीकरण के मामले में भारत के इक्विटी बाजार की रैंक क्या है?

(a) 5th

(b) 7th

(c) 9th

(d) 12th

(e) 13th

Answer & Explanation
Ans.5.(a)

Exp. India entered into World’s Top 5 Club in terms of market capitalisation for the 1st Time; ranked 5th

As per Bloomberg’s recent data on Market capitalization, for the 1st time, India’s equities market has entered the world’s top 5 in terms of market capitalization.

India is ranked 5th with an overall market capitalization of USD 3.21 trillion. The total world market cap stands at USD 109.22 trillion.

The US tops the ranking with an overall market cap of USD 47.32 trillion, followed by China (USD 11.52 trillion), Japan (USD 6 trillion) and Hong Kong (USD 5.55 trillion).

India’s market cap has surpassed the United Kingdom (UK) ranked 6th with M-Cap of USD 3.19 trillion, Saudi Arabia ranked 7th with M-Cap of USD 3.18 trillion, Canada ranked 8th with M-Cap of USD 3.18 trillion, France ranked 9th with M-Cap of USD 2.89 trillion and Germany ranked 10th with M-Cap of USD 2.29 trillion.

Q.6. Which country has topped the ranking in terms of market capitalization, as per Bloomberg’s recent data on Market capitalization?

बाजार पूंजीकरण पर ब्लूमबर्ग के हालिया आंकड़ों के अनुसार, बाजार पूंजीकरण के मामले में किस देश ने रैंकिंग में शीर्ष स्थान हासिल किया है?

(a) United Kingdom / यूनाइटेड किंगडम

(b) Hong Kong / हांगकांग

(c) Japan / जापान

(d) China / चीन

(e) US / यूएस

Answer & Explanation
Ans.6.(e)

Exp. India entered into World’s Top 5 Club in terms of market capitalisation for the 1st Time; ranked 5th

As per Bloomberg’s recent data on Market capitalization, for the 1st time, India’s equities market has entered the world’s top 5 in terms of market capitalization.

India is ranked 5th with an overall market capitalization of USD 3.21 trillion. The total world market cap stands at USD 109.22 trillion.

The US tops the ranking with an overall market cap of USD 47.32 trillion, followed by China (USD 11.52 trillion), Japan (USD 6 trillion) and Hong Kong (USD 5.55 trillion).

India’s market cap has surpassed the United Kingdom (UK) ranked 6th with M-Cap of USD 3.19 trillion, Saudi Arabia ranked 7th with M-Cap of USD 3.18 trillion, Canada ranked 8th with M-Cap of USD 3.18 trillion, France ranked 9th with M-Cap of USD 2.89 trillion and Germany ranked 10th with M-Cap of USD 2.29 trillion.

Q.7. Which group has signed an MoU with Sri Lanka for two large power projects in the Northern Province, which aims to generate a combined capacity of 500 MW, at a cost of $ 500 million?

किस समूह ने उत्तरी प्रांत में दो बड़ी बिजली परियोजनाओं के लिए श्रीलंका के साथ एक समझौता ज्ञापन पर हस्ताक्षर किए हैं, जिसका उद्देश्य 500 मिलियन डॉलर की लागत से 500 मेगावाट की संयुक्त क्षमता उत्पन्न करना है?

(a) GMR Group / जीएमआर समूह

(b) Tata Group / टाटा समूह

(c) Adani Group / अदानी समूह

(d) Aditya Birla Group / आदित्य बिड़ला समूह

(e) Essar Group / एस्सार समूह

Answer & Explanation
Ans.7.(c)

Exp. Adani Group signed a deal for two power projects in Sri Lanka

Adani Group of India signed an MoU with Sri Lanka for two large power projects in the Northern Province. Project aims to generate a combined capacity of 500 MW, at a cost of $ 500 million.

The renewable power projects will be executed in two locations of Sri Lanka- Mannar, north-western coast, and Pooneryn, south of Jaffna Peninsula.

NTPC (Formerly National Thermal Power Corporation) of India and the Ceylon Electricity Board (CEB) of Sri Lanka also agreed to set up a 100 MW solar power project in Sampur, Sri Lanka. In 2021, the group bagged a strategic port terminal project in Colombo, Sri Lanka.

Q.8. Government of India has approved US $ 1 billion line of credit (LoC) for which country for importing food, essential items and medicine?

भारत सरकार ने किस देश के लिए भोजन, आवश्यक वस्तुओं और दवाओं के आयात के लिए 1 बिलियन अमेरिकी डॉलर की लाइन ऑफ क्रेडिट (एलओसी) को मंजूरी दी है?

(a) Nepal / नेपाल

(b) Ukraine / यूक्रेन

(c) Belarus / बेलारूस

(d) Sri Lanka / श्री लंका

(e) Bangladesh / बांग्लादेश

Answer & Explanation
Ans.8.(d)

Exp. India approved US$ 1 billion line of credit for Sri Lanka to help pay for crucial imports

Government of India has approved US $ 1 billion line of credit (LoC) for Sri Lanka to help the Island nation for importing food, essential items and medicine. Sri Lanka is currently facing a severe economic crisis.

LoC is being extended by India in line with its efforts to assist its neighbouring country in fight against the COVID-19 pandemic, and to mitigate its adverse impact and its developmental priorities.

The island’s foreign reserves have dropped 70% in the last two years to $2.31 billion in February, stalling critical imports including of fuel. Finance Minister Basil Rajapaksa, who first announced the Indian credit line in February, signed an agreement for it on 16 March to pay for essentials including medicine, wheat flour, sugar and rice.

Q.9. Which Small Finance Bank has launched Industry’s first digital onboarding facility for its micro banking customers?

किस लघु वित्त बैंक ने अपने माइक्रो बैंकिंग ग्राहकों के लिए उद्योग की पहली डिजिटल ऑनबोर्डिंग सुविधा शुरू की है?

(a) Jana Small Finance Bank / जना लघु वित्त बैंक

(b) Suryoday Small Finance Bank / सूर्योदय लघु वित्त बैंक

(c) Ujjivan Small Finance Bank / उज्जीवन लघु वित्त बैंक

(d) Equitas Small Finance Bank / इक्विटास लघु वित्त बैंक

(e) AU Small Finance Bank / ए यु लघु वित्त बैंक

Answer & Explanation
Ans.9.(c)

Exp. Ujjivan Small Finance Bank launched Industry’s first Digital based Onboarding facility

Ujjivan Small Finance Bank launched Industry’s first digital onboarding facility for its micro banking customers through its ‘Ujjivan SFB Assisted’ app.

The Ujjivan SFB Assisted app provides the facility to update mobile numbers for individual banking transactions through paperless and secured manner. It is an OTP and biometric authentication-based process.

Customers can update their mobile number once every six months through the platform and at any point in time by visiting any branch of the small finance bank.

Q.10. Which of the following bank has entered into a strategic partnership with BNP Paribas Asset Management India by merging their mutual fund businesses to form a joint venture?

निम्नलिखित में से किस बैंक ने संयुक्त उद्यम बनाने के लिए अपने म्यूचुअल फंड व्यवसायों का विलय करके बीएनपी पारिबास एसेट मैनेजमेंट इंडिया के साथ रणनीतिक साझेदारी की है?

(a) Union Bank of India / यूनियन बैंक ऑफ इंडिया

(b) State Bank of India / भारतीय स्टेट बैंक

(c) Canara Bank / केनरा बैंक

(d) Bank of Baroda / बैंक ऑफ बड़ौदा

(e) Punjab National Bank / पंजाब नेशनल बैंक

Answer & Explanation
Ans.10.(d)

Exp. Bank of Baroda & BNP Paribas joined hands to form Mutual Fund JV; Suresh Soni appointed CEO

Baroda Asset Management India, a wholly-owned subsidiary of Bank of Baroda (BoB) and BNP Paribas Asset Management India, a subsidiary of BNP Paribas Asset Management Asia (BNPP AM), have entered into a strategic partnership by merging their mutual fund businesses to form a joint venture called “Baroda BNP Paribas Mutual Fund”.

This merger involves no cash consideration and post-merger BoB will hold 50.1% stake in the merged Asset Management Company (AMC) and the rest will be held by BNPP AM.

Suresh Soni has been appointed as the CEO of Baroda BNP Paribas Mutual Fund.

The joint venture AMC will also provide offshore advisory services and has combined Assets Under Management (AUM) and advisory of Rs. 22,522 crores.

Q.11. Which company has acquired fifth payments tech startup IZealiant Technologies?

किस कंपनी ने पांचवें भुगतान टेक स्टार्टअप IZealiant Technologies का अधिग्रहण किया है?

(a) CCAvenue / सीसीएवेन्यू

(b) Paytm / पेटीएम

(c) PayPal / पेपाल

(d) PayU / पेयू

(e) Razorpay / रेजरपे

Answer & Explanation
Ans.11.(e)

Exp. Razorpay acquired 5th payments tech startup IZealiant Technologies

Razorpay, a fintech unicorn, announced the purchase of IZealiant Technologies, a renowned Fintech business that provides banks with payments technology solutions, for an undisclosed sum.

IZealiant is a Pune-based startup that offers banks and financial institutions mobile-first, API-enabled, and cloud-ready payment processing tools.

Razorpay’s Banking Solutions Arm will be strengthened by the purchase of IZealiant, which will develop revolutionary payment banking solutions for partner banks, allowing businesses and their end-customers to enjoy a faster, more seamless, and secure payment experience.

Razorpay’s Banking team has worked on a number of important projects in India, including Razorpay TokenHQ, India’s first multi-network RBI compliant card tokenization solution, and MandateHQ, an API-based, plug-and-play recurring payments interface for banks.

Q.12. Aam Aadmi Party leader, Bhagwant Mann has been sworn in as the ________________ th Chief Minister of Punjab.

आम आदमी पार्टी के नेता भगवंत मान ने पंजाब के ____________ वें मुख्यमंत्री के रूप में शपथ ली है।

(a) 15

(b) 16

(c) 17

(d) 18

(e) 19

Answer & Explanation
Ans.12.(c)

Exp. Bhagwant Mann sworn in as the 17th Chief Minister of Punjab

Aam Aadmi Party leader, Bhagwant Mann sworn in as the 17th Chief Minister of Punjab. He succeeded Charanjit Singh Channi. He will be the youngest Chief Minister of the Punjab state since the 1970s.

His oath-taking ceremony was held in Khatkar Kalan village in Nawanshahr district, which is the ancestral village of iconic freedom fighter Bhagat Singh.

Q.13. Which of the following bank was adjudged as the Asian Bank of The Year 2021 and India Bond House at the IFR Asia Awards 2021?

निम्नलिखित में से किस बैंक को IFR एशिया अवार्ड्स 2021 में एशियन बैंक ऑफ द ईयर 2021 और इंडिया बॉन्ड हाउस के रूप में चुना गया?

(a) RBL Bank / आरबीएल बैंक

(b) Axis Bank / एक्सिस बैंक

(c) State Bank of India / भारतीय स्टेट बैंक

(d) ICICI Bank / आईसीआईसीआई बैंक

(e) HDFC Bank / एचडीएफसी बैंक

Answer & Explanation
Ans.13.(b)

Exp. Axis Bank won ‘Asian Bank of the Year’ and ‘India Bond House’ award at IFR Asia Awards 2021

Axis Bank, India’s third-largest private sector bank, was adjudged as the Asian Bank of The Year 2021 and India Bond House at the IFR Asia Awards 2021.

The awards are organised by IFR Asia, a Hong Kong based provider of capital markets intelligence.

Axis bank has been honoured with the Asian Bank of The Year 2021 for its breadth of coverage and depth of expertise in the Asian investment banking space.

Morgan Stanley has been honoured with the Bank of the year award at the IFR Asia Award 2021 and the JSW Group has been awarded with the Issuer of the year award.

Q.14. Which India’s documentary has become the first Indian documentary to be nominated at the Oscars?

भारत की कौन सी डॉक्यूमेंट्री ऑस्कर में नामांकित होने वाली पहली भारतीय डॉक्यूमेंट्री बन गई है?

(a) Attica / अटिका

(b) Ascension / असेंशन

(c) Flee / फ्ली

(d) Writing with Fire / राइटिंग विद फायर

(e) Summer of Soul / समर ऑफ सोल

Answer & Explanation
Ans.14.(d)

Exp. India’s ‘Writing with Fire’ nominated for Best Documentary feature category at Oscars 2022

A documentary about the Dalit-led, all-woman newspaper Khabar Lahariya, “Writing With Fire” became the first Indian documentary to be nominated at the Oscars.

‘Writing With Fire’ had won Audience and Jury Awards at the Sundance Film Festival last year. It is produced by Ticket Films and directed by filmmakers Rintu Thomas and Sushmit Ghosh. ‘Khabar Lahariya’ is a newspaper founded in May 2002 in Chitrakoot, Uttar Pradesh.

Other nominees in the category are: “Ascension”, “Attica”, “Flee”, and “Summer of Soul (Or, When the Revolution Could Not Be Televised)”.

Q.15. Indian Space Research Organization (ISRO) has successfully completed the ground test of the solid fuel-based booster stage (SS1) of its new Small Satellite Launch Vehicle (SSLV). Where is the headquarters of ISRO?

भारतीय अंतरिक्ष अनुसंधान संगठन (इसरो) ने अपने नए लघु उपग्रह प्रक्षेपण यान (एसएसएलवी) के ठोस ईंधन आधारित बूस्टर चरण (एसएस1) का जमीनी परीक्षण सफलतापूर्वक पूरा कर लिया है। ISRO का मुख्यालय कहाँ है?

(a) Bengaluru, Karnataka / बेंगलुरु, कर्नाटक

(b) New Delhi, Delhi / नई दिल्ली, दिल्ली

(c) Sriharikota, Andhra Pradesh / श्रीहरिकोटा, आंध्र प्रदेश

(d) Kulasekharapatnam, Tamil Nadu / कुलशेखरपट्टनम, तमिलनाडु

(e) Thiruvananthapuram, Kerala / तिरुवनंतपुरम, केरल

Answer & Explanation
Ans.15.(a)

Exp. ISRO successfully tested solid fuel-based booster stage of SSLV

Indian Space Research Organization (ISRO) has successfully completed the ground test of the solid fuel-based booster stage (SS1) of its new Small Satellite Launch Vehicle (SSLV) at Satish Dhawan Space Centre (SDSC), Sriharikota at Sriharikota, Andhra Pradesh.

It completes the ground testing of all three stages of the launch vehicle. Vehicle is now ready for its first development flight, which is scheduled for May 2022. Other stages of SSLV like SS2 & SS3 have successfully undergone necessary ground tests and are ready for integration.

At present, the launch of small satellites has been dependent on ‘piggy-bank’ rides with big satellite launches on the PSLV (Polar Satellite Launch Vehicle) of ISRO, which has completed around 50 successful launches.

Headquarters: Bengaluru

Founder: Vikram Sarabhai

Founded: 15 August 1969

Q.16. India has won the bid to host FIDE Chess Olympiad 2022 in _____________________.

भारत ने _____________ में FIDE शतरंज ओलंपियाड 2022 की मेजबानी के लिए बोली जीती है।

(a) Chennai / चेन्नई

(b) Mumbai / मुंबई

(c) Hyderabad / हैदराबाद

(d) Bengaluru / बेंगलुरु

(e) Pune / पुणे

Answer & Explanation
Ans.16.(a)

Exp. India will host FIDE Chess Olympiad 2022 in Chennai

India has won the bid to host FIDE Chess Olympiad 2022 in Chennai. It was originally scheduled to be hosted in Russia.

FIDE has recently announced that it pulled out from Russia following the Ukraine invasion. After the announcement, Tamil Nadu government and All-India Chess Federation made a joint bid to host the tournament.

It is the first time that India is hosting FIDE Chess Olympiad since its inception in 1927. It will be held from 26th July to 8th August 2022.

Q.17. Sahitya Akademi has published a book-length poem ‘Monsoon’ by Indian poet-diplomat _______________________.

साहित्य अकादमी ने भारतीय कवि-राजनयिक _______________ की एक पुस्तक-लंबाई कविता मानसूनप्रकाशित की है।

(a) Uma Das Gupta / उमा दास गुप्ता

(b) Jimmy Soni / जिमी सोनि

(c) Abhay K / अभय के

(d) Priyam Gandhi Mody / प्रियम गांधी मोदी

(e) Anirudh Suri / अनिरुद्ध सूरी

Answer & Explanation
Ans.17.(c)

Exp. Sahitya Akademi published a book-length poem ‘Monsoon’ by Indian poet-diplomat Abhay K

Sahitya Akademi, India’s National Academy of Letters has published a book-length poem ‘Monsoon’ by Indian poet-diplomat Abhay K on the occasion of its 68th anniversary.

Monsoon is a poem of 150 stanzas of 4 lines each that commence its journey in Madagascar and follows the path of the monsoon invoking the rich flora and fauna, languages, cuisine, music, monuments, landscapes, traditions, myths and legends of the places through which monsoon travels and acts as a messenger to carry the poet’s message from Madagascar to his beloved in Srinagar in the Himalayas.

Sahitya Akademi was established on 12th March in 1954. Its logo was designed by Satyajit Ray himself and Pt. Jawaharlal Nehru was its first President. The first book published by the Academy was Bhagwan Buddha by D.D. Koshambi in 1956. It was a translation from Marathi into Hindi.

Q.18. National Vaccination Day or National Immunisation Day is observed in India on _________________ every year.

राष्ट्रीय टीकाकरण दिवस भारत में हर साल _________ को मनाया जाता है।

(a) 15 March / 15 मार्च

(b) 16 March / 16 मार्च

(c) 17 March / 17 मार्च

(d) 18 March / 18 मार्च

(e) 19 March / 19 मार्च

Answer & Explanation
Ans.18.(b)

Exp. 16 March: National Vaccination Day or National Immunisation Day

National Vaccination Day also known as National Immunisation Day, is observed each year in India on March 16 to convey the importance of vaccination and its role in public health.

On March 16, 1995, the first oral polio vaccine dose was started in the country. The day was first observed in the year 1995, the year on which India started Pulse Polio Programme.

In 2022, the National Immunization Day is important since the Government of India has started the COVID-19 vaccination for children between 15 to 18 years of age and booster dose for senior citizens.

Theme 2022: “Vaccines Work for all”.

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