Daily Current Affairs Quiz : August 21-22, 2022
August 22, 2022 August 22, 2022
1. Under which act, the minutes of the Monetary Policy Committee Meeting are released?
[A] Banking Regulation Act
[B] Reserve Bank of India Act
[C] Monetary Policy Act
[D] Payment and Settlement Act
Show Answer
Correct Answer: B [Reserve Bank of India Act]
Notes:
According to Section 45ZL of the Reserve Bank of India Act, 1934, the Reserve Bank publishes the minutes of the proceedings of the meeting on the fourteenth day after every meeting of the Monetary Policy Committee.
As per the minutes of the MPC meeting released recently, Governor Shaktikanta Das along with other members proposed a 50 basis points hike in repo rate to 5.40 per cent.
2. Which company has developed India’s first indigenously-developed RT-PCR kit for testing monkeypox disease?
[A] Biocon
[B] Bharat Biotech
[C] Transasia Bio-Medicals
[D] Serum Institute of India
Show Answer
Correct Answer: C [Transasia Bio-Medicals]
Notes:
India’s first indigenously-developed RT-PCR kit for testing monkeypox disease has been developed by Transasia Bio-Medicals.
The kit was recently unveiled by Principal Scientific Adviser to the Centre Ajay Kumar Sood. According to WHO, monkeypox is a a virus transmitted to humans from animals, with symptoms similar to smallpox but clinically less severe.
3. Which institution released an article titled ‘Privatisation of Public Sector Banks: An Alternate Perspective’?
[A] NITI Aayog
[B] Reserve Bank of India
[C] State Bank of India
[D] National Council of Applied Economic Research
Show Answer
Correct Answer: B [Reserve Bank of India]
Notes:
The Reserve Bank of India (RBI) published an article titled “Privatisation of Public Sector Banks: An Alternate Perspective” in the August 2022 issue of its bulletin.
As per the authors of the article, instead of a big bang approach, a gradual approach as announced by the government would result in better outcomes.
4. Which country is the host of the ‘Pitch Black’ air combat exercise?
[A] USA
[B] Australia
[C] France
[D] Japan
Show Answer
Correct Answer: B [Australia]
Notes:
The Indian Air Force, with its four Sukhoi-30 MKI fighter jets and two C-17 heavy-lift aircraft joined the ‘Pitch Black’ exercise.
It is a 17-nation air combat exercise in Australia, being hosted by the Royal Australian Air Force (RAAF). Over 100 aircraft and 2,500 air force personnel from 17 countries namely Australia, Canada, France, Germany, India, Japan, , the UAE, the US, the UK among others participate in the exercise.
5. Artemis III is the crewed Moon landing mission of which country?
[A] Japan
[B] USA
[C] UK
[D] Australia
Show Answer
Correct Answer: B [USA]
Notes:
Artemis III mission is the crewed Moon landing mission of the US Space agency NASA. Under the mission, NASA has planned to send the first woman and person of colour to the Moon. It is scheduled for launch in 2025.
NASA has recently announced 13 potential landing sites for the missions, which are in proximity to the lunar South Pole. Each site is scientifically significant as the lunar South Pole is unexplored by humans and it has some regions rich in resources.
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