Daily Current Affairs Quiz : June 2, 2022
June 2, 2022 June 2, 2022
1. As per the recent NSO Update (June 2022), what is the GDP growth estimate of India in 2021-22?
[A] 8.5 per cent
[B] 8.7 per cent
[C] 8.9 per cent
[D] 9.2 per cent
Show Answer
Correct Answer: B [8.7 per cent]
Notes:
National Statistical Office (NSO) marginally slashed its year-on-year gross domestic product (GDP) growth forecast to 8.7 per cent, down from 8.9 per cent estimated in February.
The fourth quarter (January-March period of 2021-22) GDP growth was recorded at 4.1 per cent. The economy witnessed a 6.6 per cent contraction in 2020-21. The latest GDP growth estimate is lower than the second advance estimate of 8.9 per cent (released in February) and first advance estimate of 9.2 per cent (released in January).
2. What are the new annual premium rates of PMJJBY and PMSBY respectively, with effect from June 1, 2022?
[A] Rs 520 and Rs 40
[B] Rs 436 and Rs 20
[C] Rs 400 and Rs 40
[D] Rs 350 and Rs 30
Show Answer
Correct Answer: B [Rs 436 and Rs 20]
Notes:
The government raised the premium for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY), to make them economically viable.
The premium rate of PMJJBY has been revised upward to Rs 1.25 per day, with an increase from Rs 330 to Rs 436 annually. The annual premium for PMSBY has been hiked from Rs 12 to Rs 20. The new premium rates are effective from June 1, 2022.
3. What is the fiscal deficit recorded in India for 2021-22 (in percentage of GDP)?
[A] 7.51 %
[B] 7.01 %
[C] 6.71 %
[D] 6.21 %
Show Answer
Correct Answer: C [6.71 %]
Notes:
The Controller General of Accounts (CGA) released the fiscal deficit for 2021-22, which improved to 6.71 per cent of the GDP over the revised budget estimate of 6.9 per cent. The fiscal deficit in absolute terms was Rs 15,86,537 crore (provisional).
The increase was mainly on account of higher tax realisation. The tax receipts during the fiscal stood at Rs 18.2 trillion as against the revised estimates (RE) of Rs 17.65 trillion.
4. Who has been appointed as the MD and CEO of NARCL (National Assets Reconstruction Company Ltd)?
[A] Urjit Patel
[B] Natarajan Sundar
[C] Ashwani Bhatia
[D] Nitin Chugh
Show Answer
Correct Answer: B [Natarajan Sundar]
Notes:
Former State Bank of India Deputy Managing Director Natarajan Sundar has been appointed as the Managing Director and CEO of NARCL (National Assets Reconstruction Company Ltd) as MD & CEO.
NARCL is the joint initiative of Public and Private Sector Banks, and is expected to takeover bad loans from banks and focus on resolution and recoveries. NARCL has shareholding from 15 Indian Banks and Canara Bank is the sponsor bank.
5. What is the theme of the ‘World No Tobacco Day 2022’?
[A] Tobacco: A Threat to our Humanity
[B] Tobacco: A Threat to our Environment
[C] Tobacco: A Threat to Health
[D] Dangers of smoking
Show Answer
Correct Answer: B [Tobacco: A Threat to our Environment]
Notes:
World No Tobacco Day is observed on May 31 every year to create awareness of the dangers of smoking, tobacco companies and their business practices.
This year’s theme for World No Tobacco Day 2022 is ‘Tobacco: A Threat to our Environment.’ Nearly 3.5 million hectares of land are destroyed every year to grow tobacco. As per the United Nations, consumption of tobacco kills more than 8 million people every year.
The above 5 questions are part of Daily Current Affairs 20 MCQs Series in GKToday Android Application. This series can be subscribed in the app only for Rs. 799/- for entire year.
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praveen b hukkeri
June 3, 2022 at 11:44 pm1) b answer 8.7 percentage
2) d answer RS 350 and RS 30
3) a answer 7.51 percentage
4) a natarajan sundar
5) [A] Tobacco: A Threat to our Humanity