Daily Current Affairs 2nd & 3rd September 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.
Here you can find Current Affairs Quiz for IBPS PO Mains, Current Affairs Quiz for IBPS RRB PO Mains, Current Affairs Quiz for IBPS RRB Clerk Mains, Current Affairs Quiz for RBI Assistant Mains, Current Affairs Quiz for RBI Grade B, Current Affairs Quiz for SSC.
Q.1. Which state has launched the ‘Rural Backyard Piggery Scheme’?
Exp. Meghalaya CM launched ‘Rural Backyard Piggery Scheme’ for farmers’ welfare
Meghalaya Chief Minister Conrad K Sangma has launched the ‘Rural Backyard Piggery Scheme’.
Objective – To ensure the farmers earn a sustainable livelihood through different livestock farming activities.
Under Rural Backyard Piggery Scheme – phase 1, the government has earmarked Rs 15.18 crore under which four high-yielding improved varieties will be distributed to 6000 families.
An additional Rs 25 crore will be earmarked to roll out the second phase of the programme.
Under this mission, zero interest loan is provided for setting up fattening and pig breeding. So far 250 piggery cooperative societies have availed loans amounting to Rs 43.67 crore.
About Meghalaya
Capital– Shillong
Chief Minister– Conrad Kongkal Sangma
Governor –Satya Pal Malik
Q.2. According to Boeing India, India’s air traffic will grow by about 7% by which year?
Exp. India’s air traffic to surge nearly 7% through 2040 – Boeing India
India’s air traffic to annually grow by nearly 7 percent through 2040, and is bullish on the “massive potential” in the air cargo space, expects aircraft maker Boeing.
The firm is also looking to increase the sourcing of raw materials from the country.
According to the firm, the growth for the South East Asia market is pegged at 5.5 percent, China (5.4 percent), Africa (5.4 percent), and Latin America (4.8 percent).
India’s airlines will lead air traffic growth through 2040, growing at a rate of 6.9 percent.
As per the Boeing report, the air traffic of India will grow by an average of 7% per year till 2040 even as the country’s carriers face challenges like high fuel prices, rupee depreciation, and low fares.
Q.3. According to the Centre for Monitoring Indian Economy data, India’s unemployment rate surged to a one-year high of 8.3 percent in August as employment sequentially fell by 2 million to 394.6 million. According to data, in which state has the lowest unemployment rate?
Exp. India’s unemployment rate increased to one-year high of 8.3% in August
According to the Centre for Monitoring Indian Economy data, India’s unemployment rate surged to a one-year high of 8.3 percent in August as employment sequentially fell by 2 million to 394.6 million.
During July, the unemployment rate was at 6.8 percent and the employment was 397 million.
The urban unemployment rate is usually higher at about 8 percent than the rural unemployment rate, which is usually around 7 percent.
In August, the urban unemployment rate shot up to 9.6 percent and the rural unemployment rate also increased to 7.7 percent.
During August, unemployment was the highest in Haryana at 37.3 percent followed by Jammu and Kashmir at 32.8 percent, Rajasthan at 31.4 percent, Jharkhand at 17.3 percent, and Tripura at 16.3 percent.
While unemployment was the lowest in Chhattisgarh at 0.4 percent followed by Meghalaya at 2 percent, Maharashtra at 2.2 percent and Gujarat and Odisha at 2.6 percent each, according to data.
Q.4. Which state has launched loan scheme ‘Mahila Nidhi’ with an aim to ensure easy loans for women in business?
Exp. Rajasthan government launched ‘Mahila Nidhi’ scheme to support women entrepreneurs
Rajasthan Chief Minister Ashok Gehlot has launched the loan scheme ‘Mahila Nidhi’ with an aim to ensure easy loans for women in business.
The scheme also aims the social and economic development of women through credit.
CM Ashok Gehlot has announced in the budget 2022-23 about the ‘Mahila Nidhi’ scheme through Rajasthan Rural Livelihood Development Council.
The scheme will disburse loans of up to Rs 40,000 within 48 hours, and above Rs 40,000 within 15 days.
About Rajasthan
Capital – Jaipur
Chief Minister – Ashok Gehlot
Governor – Kalraj Mishra
Recent Scheme of Rajasthan
Indira Rasoi Yojana
Bus Service Moksh Kalash
Ek paudha suposhit beti ka naam scheme
Universal Health Scheme (UHS) called Mukhya Mantri Chiranjeevi Yojana
Q.5. Which of the following company has signed an MoU with the National Dairy Development Board (NDDB) to start a biogas demonstration project to accelerate carbon neutrality in India?
(c) Suzuki Motor Corporation / सुजुकी मोटर कॉर्पोरेशन
(d) Mercedes-Benz / मर्सिडीज बेंज
(e) Tata Motors Ltd / टाटा मोटर्स लिमिटेड
Answer & Explanation
Ans.5.(c)
Exp. Suzuki signed an MoU with NDDB for biogas demonstration project
Suzuki Motor Corporation (SMC) has signed an MoU with the National Dairy Development Board (NDDB) to start a biogas demonstration project to accelerate carbon neutrality in India.
In a bid to establish a joint venture, Suzuki and NDDB will undertake joint studies to evaluate the business model for future commercialization of biogas and its potential for widespread use.
In India, there are many cows whose dung contains methane that have 28 times larger greenhouse effect than those of CO2, which is emitted into the atmosphere.
The project will consider suppressing atmospheric emissions of methane and refining fuel for automobiles from methane contained in cow dung.
Recent Agreements
NHPC signed an MoU with PTC India Limited for sale of power
Tata Steel signed an MoU with Punjab government to set up steel plant in Ludhiana
Rail Tel partnered with CloudExtel to launch India’s first shared RAN
Royal Enfield partnered with UNESCO to promote cultural heritage of India
HAL signed an agreement with Safran to build helicopter engines
Q.6. Agrarian festival ‘Nuakhai’ has been celebrated in which state?
कृषिउत्सव ‘नुआखाई‘ किसराज्यमेंमनायागयाहै?
(a) Gujarat / गुजरात
(b) Maharashtra / महाराष्ट्र
(c) Odisha / उड़ीसा
(d) Andhra Pradesh / आंध्र प्रदेश
(e) Kerala / केरल
Answer & Explanation
Ans.6.(c)
Exp. Agrarian festival ‘Nuakhai’ celebrated in Odisha
Nuakhai is an agricultural festival mainly observed by the people of Odisha.
The festival is observed to welcome the new season of rice.
Nuakhai is a combination of two words that signifies the eating of new rice, ‘Nua’ means new and ‘khai’ means to eat.
It is observed the day after the Ganesh Chaturthi festival & In 2022 it has celebrated on 1 September 2022.
About Odisha
Capital – Bhubaneswar
Chief Minister – Naveen Patnaik
Governor – Ganeshi Lal
Odisha festivals
Boita Bandana Festival
Raja Parba Festival
Sital Sasthi Fetival
Q.7. According to a Bloomberg report, India leaped past the UK in the final three months of 2021 to become the ______ -biggest economy.
ब्लूमबर्गकीएकरिपोर्टकेअनुसार, भारत 2021 केअंतिमतीनमहीनोंमेंब्रिटेनकोपीछेछोड़तेहुएसबसेबड़ीअर्थव्यवस्थाबनगयाहै।
(a) 3rd
(b) 4th
(c) 5th
(d) 6th
(e) 7th
Answer & Explanation
Ans.7.(c)
Exp. India overtakes UK to become world’s fifth biggest economy
According to Bloomberg report, India leaped past the UK in the final three months of 2021 to become the fifth-biggest economy.
The ranking is based on GDP figures compiled by the International Monetary Fund (IMF).
India is behind just the US, China, Japan, and Germany.
A decade ago, India ranked 11th among the largest economies, while the UK was 5th.
India’s economy is projected to grow at 7% in 2022-23.
India registered a growth of 8.7 percent in 2021-22.
Q.8. Which company has partnered with IME India Pvt. Ltd (erstwhile IME Forex India) to expand its money remittance services between the Indo-Nepal corridor?
Exp. Muthoot FinCorp partnered with IME India for money transfer service to Nepal
Muthoot FinCorp Limited has partnered with IME India Pvt. Ltd. (erstwhile IME Forex India) to expand its money remittance services between the Indo-Nepal corridor.
Muthoot has been assisting the Nepali community in India in remitting money through their existing partner (Prabhu Money Transfer Pvt. Ltd).
Now, Muthoot will be able to serve a larger mass of Nepalese diaspora living in India.
Nepali migrants can now transfer money instantly from 3,600-plus branches of Muthoot FinCorp to their families in Nepal without opening any bank account in India.
IDFC First Bank, India and Global IME Bank Ltd., Nepal are the banking partners to facilitate Indo-Nepal remittance service.
About Nepal
Capital- Kathmandu
Currency- Nepalese rupee
President– Bidhya Devi Bhandari
Prime minister– Sher Bahadur Deuba
Q.9. SBI Card has announced the launch of ‘cashback SBI Card’ that enables cardholders to earn 5% cashback on all online spending without any merchant restrictions. Where is the headquarters of SBI Card?
SBI Card has announced the launch of ‘cashback SBI Card’ that enables cardholders to earn 5% cashback on all online spending without any merchant restrictions.
Consumers across the country, including tier-2 and 3 cities, can apply for the card on the digital application platform ‘SBI Card SPRINT’.
The contactless card is free for the first year till March 2023 as a special offer.
CASHBACK SBI Card customers will earn unlimited 1% cashback on all spends, cashback will increase to 5% on all online spends up to maximum of Rs 10,000 per monthly statement cycle.
About SBI Card
Founded– October 1998
Headquarters– Gurugram
MD & CEO– Rama Mohan Rao Amar
Q.10. According to Reserve Bank of India data, India’s services exports increased by ________ year-on-year to USD 23.26 billion in July.
Exp. Services exports increased 20.2% to $23.26 billion in July 2022 – RBI data
According to Reserve Bank of India data, India’s services exports increased by 20.2 percent year-on-year to USD 23.26 billion in July.
However, the July exports were lower than June by $25.29 billion in 2022.
As per the monthly data on India’s international trade in services for July 2022, the imports surged by 22.3% to $13.92 billion in July. In June, the imports stood at USD 15.76 billion.
The exports during April-July 2022-23 stood at $94.75 billion, and the imports totalled $58.94 billion during the period.
About Reserve Bank of India (RBI)
Founded – 1 April 1935
RBI Nationalized – 1 January 1949
Headquarters – Mumbai, Maharashtra
RBI set up – Hilton Young Commission
1st Governor – Sir Osborne Smith (Australia)
1st Indian Governor – CD Deshmukh
25th Governor – Shaktikanta Das
RBI Deputy Governor (4) – 1. Tavarna Rabi Sankar
Mukesh Kumar Jain
Michael D Patra
M Rajeshwar Rao
Q.11. Which bank has partnered with Asian Development Bank (ADB) to support and promote supply chain finance solutions in India?
Exp. IndusInd Bank partnered with ADB to support supply chain financing
Indusind Bank has partnered with Asian Development Bank (ADB) to support and promote supply chain finance solutions in India.
The Bank has entered into a partial guarantee programme with ADB with an initial outlay of $70 million (Rs 560 crore), for promoting supply chain finance solutions in India.
IndusInd Bank aims to grow its presence in MSME financing and this partnership will further strengthen various initiatives of the Bank in this domain.
IndusInd Bank
Founded – 1994
Founder – S.P. Hinduja
Headquarters – Mumbai, Maharashtra
MD & CEO – Sumant Kathpalia
Tagline – We Make You Feel Richer
Recent Agreements
Mahindra Finance partnered with CRIF Solutions for quicker loan approvals
Universal Sompo partnered with Repco Home Finance to insure loans
HDFC Bank partnered with Tata Neu to launch two new credit cards
KreditBee partnered with Cashfree to offer EMI solutions
Mastercard partnered with BASIX to create an agri-tech platform for farmers
Q.12. State Bank of India has revised downward the full-year growth forecast to a low ______ from 7.5 percent earlier for FY2023.
Exp. SBI slashed India’s GDP forecast to 6.8% for FY23
State Bank of India has revised downward the full-year growth forecast to a low 6.8 percent from 7.5 percent earlier for FY2023.
The National Statistical Office has released the Q1 growth numbers which showed a consensus growth of 13.5 percent, pulled down by the poor show of the manufacturing sector, which reported a paltry 4.8 percent expansion in the first three months of FY23, negating the robust show by the services sector.
The consensus forecast was 15-16.7 percent of which the RBI made the highest forecast of 16.7 percent.
SBI group chief economic adviser Soumya Kanti Ghosh had also forecast a 15.7 percent growth for the first quarter.
About State Bank of India (SBI)
Founded – 1 July 1955
Headquarters – Mumbai, Maharashtra
Chairman – Dinesh Kumar Khara
Managing Director – (4) Alok Kumar Choudhary, Swaminathan Janakiraman, Challa Sreenivasulu Setty, and Ashwini Kumar Tewari
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.13. Who has been appointed as the interim head of the All India Council for Technical Education (AICTE)?
Exp. Jagadesh Kumar appointed as interim head of AICTE
University Grants Commission (UGC) Chairman Jagadesh Kumar has been appointed as the interim head of the All India Council For Technical Education (AICTE).
He succeeds current chairperson Anil Sahasrabudhe.
M Jagadesh Kumar was appointed as UGC Chairman on February 4, 2022.
He earlier held the post of Vice Chancellor of the Jawaharlal Nehru University (JNU).
Recent Appointment
CMD of NHPC – Yamuna Kumar Chaubey
Interim Chairman of ONGC – Rajesh Kumar Srivastava
Interim chairman at GAIL – M V lyer
DG of News Services Division of AIR – Vasudha Gupta
MD & CEO of Mercedes-Benz – Santosh Iyer
Q.14. Who has been appointed as CEO of Starbucks?
स्टारबक्सकेसीईओकेरूपमेंकिसेनियुक्तकियागयाहै?
(a) Rajesh Verma / राजेश वर्मा
(b) Rajiv Kumar / राजीव कुमार
(c) Dixit Joshi / दीक्षित जोशी
(d) Mahendra Shah / महेंद्र एन शाह
(e) Laxman Narasimhan / लक्ष्मण नरसिम्हन
Answer & Explanation
Ans.14.(e)
Exp. Laxman Narasimhan appointed as CEO of Starbucks
Starbucks has appointed Indian-origin Laxman Narasimhan as the next chief executive officer and a member of the Starbucks Board of Directors.
He will work closely with the interim CEO, Howard Schultz, before taking charge of CEO role.
Howard Schultz will continue as interim CEO until April 1, 2023.
US-based Starbucks is the world’s largest coffeehouse chain.
Prior to this, he served as a global chief commercial officer at PepsiCo. He also worked as a senior partner at the consulting firm Mckinsey & Company and also served as CEO in Reckitt.
Recent Appointment
DG of News Services Division of AIR – Vasudha Gupta
MD & CEO of Mercedes-Benz – Santosh Iyer
Interim President of Indian Olympic Association – Adille Sumariwalla
MD of IDFC Limited – Mahendra Shah
Chirman of DRDO – Samir V. Kamat
Q.15. Who has presented Smart Solutions Challenge & Inclusive Cities Awards 2022?
The Minister for Housing and Urban Affairs Hardeep Singh Puri has presented Smart Solutions Challenge & Inclusive Cities Awards 2022.
These awards are an initiative of the National Institute of Urban Affairs (NIUA) and the UN to address city-level accessibility and inclusion challenges faced by persons with disabilities (PwD), women and girls, and the elderly.
the Smart Solutions and Inclusive Cities Awards 2022 was designed with the aim of promoting people-centric design and to foster novel home-grown technological innovations and solutions.
Category 1: Early-stage Innovations
Fifth Sense by Glovatrix Pvt. Ltd
Digital Mobility Subsidy by Ola Mobility Institute
AxcesAble Places by AxcesAble Designs LLP
Category 2: Market-ready Solutions
Mouseware by Dextroware Devices
Signer.AI by Incluistic Pvt. Ltd. / Friends for Inclusion
IncluMaps by Vikas Upadhyay, Research Scholar, IIT Delhi
Category 3: Implemented Solutions
Multi-Dimensional Inclusiveness: Using Advanced Technologies for Education and Literacy by Belagavi Smart City Ltd.
myUDAAN by Tekra Solutions Pvt. Ltd.
‘Moving with Pride’ (Mo Bus and Mo E-Ride) by Capital Region Urban Transport (CRUT), Odisha
Nirbhaya App by Sagar Smart City Ltd.
Q.16. Prime Minister Narendra Modi-led Cabinet Committee on Security (CCS) has approved the development of which type of fighter aircraft?
Exp. Government approved Tejas Mark-2 combat aircraft development project
Prime Minister Narendra Modi-led Cabinet Committee on Security (CCS) has approved the development of Tejas Light Combat Aircraft (LCA) Mark 2 fighter aircraft.
It would be a replacement for the Mirage 2000, Jaguar, and MiG-29 combat aircraft in the Indian Air Force.
The fighter jet will be developed at a cost of over Rs 6,500 crore, in addition to the Rs 2,500 crore previously sanctioned for it.
The development of new aircraft will be completed by 2027.
Tejas is a single-engine and highly agile multi-role supersonic fighter manufactured by the state-run Hindustan Aeronautics Ltd (HAL).
Q.17. B. Sheik Ali passed away recently. He was a famous ______.
बीशेखअलीकाहालहीमेंनिधनहोगया।वहएकप्रसिद्ध _________ थे।
(a) Writer / लेखक
(b) Politician / राजनेता
(c) Actor / अभिनेता
(d) Social Worker / सामाजिक कार्यकर्ता
(e) Historian / इतिहासकार
Answer & Explanation
Ans.17.(e)
Exp. Historian B. Sheik Ali passed away recently
Noted historian and first Vice Chancellor of Mangalore and Goa
Universities Professor Dr. B. Sheik Ali passed away.
He was 98.
He was the general president of the Indian History Congress at its 47th Session in 1986 and the founder president of the South India History Congress in 1985.
He is a recipient of the Rajyothsava award and has authored a total of 23 books in English.