Daily Current Affairs Quiz : August 13-14, 2022
August 13, 2022 August 13, 2022
1. Which institution regulates the ‘Digital lending activities’ in India?
[A] Ministry of Finance
[B] Reserve Bank of India
[C] National Payments Corporation of India
[D] NITI Aayog
Show Answer
Correct Answer: B [Reserve Bank of India]
Notes:
The Reserve Bank of India (RBI) has released guidelines to strengthen the regulatory framework for digital lending activities.
RBI also specified that the lending business can only be carried out by entities regulated by the central bank or those permitted under the law. This has been released in an effort to mitigate the concerns from credit delivery through digital lending methods.
2. Which countries are associated with ‘Trans-Himalayan multi-dimensional connectivity network’?
[A] India-Nepal
[B] China-Nepal
[C] India-Bangladesh
[D] China-Bangladesh
Show Answer
Correct Answer: B [China-Nepal]
Notes:
China has agreed to finance a feasibility study for a cross-border railway with Nepal under the trans-Himalayan multi-dimensional connectivity network.
This is a part of the Belt and Road Initiative (BRI). China also pledged USD 118 million for China-assisted projects in the country. China will carry out the feasibility study of Keyrung-Kathmandu Railway under the grant assistance.
3. Which institution launched ‘SPARK’, virtual space tech park?
[A] NITI Aayog
[B] DRDO
[C] ISRO
[D] BEL
Show Answer
Correct Answer: C [ISRO]
Notes:
The Indian Space Research Organisation (ISRO) recently unveiled ‘SPARK’, a virtual space tech park, as part of the Azadi Ka Amrit Mahotsav celebrations.
It was launched by ISRO Chairman S Somanath and the virtual space museum hosts several documents, images and videos related to launch vehicles, satellites, scientific missions as well as pioneers of India’s space sector.
4. As per recent changes in Atal Pension Yojana (APY) rules, which category of beneficiaries are excluded?
[A] Central Government Employees
[B] State Government Employees
[C] Income Taxpayers
[D] Non-Resident Indians
Show Answer
Correct Answer: C [Income Taxpayers]
Notes:
The government has made changes to the Atal Pension Yojana (APY) rules to be made effective from October 1, 2022.
According to a notification from the finance ministry, any citizen who is or has been an income taxpayer will not be eligible to join the pension scheme. If an income tax-paying investor joins the APY scheme on or after October 1, the APY account will be liable to be closed.
5. ‘NIPAM’, which was seen in the news, is associated with which field?
[A] Electronics Manufacturing
[B] Intellectual Property
[C] Climate Change
[D] Food distribution
Show Answer
Correct Answer: B [Intellectual Property]
Notes:
National Intellectual Property Awareness Mission (NIPAM) is a programme to spread Intellectual Property (IP) awareness and provide basic training.
The program has met its goal of providing the training to one million students on July 31, 2022, before its deadline of August 15, 2022.
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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