Daily Current Affairs Quiz : July 3-4, 2022
July 4, 2022 July 4, 2022
1. Which new body has been approved to replace the Banks Board Bureau (BBB)?
[A] Financial Services Institution Bureau (FSIB)
[B] Financial Institutions Bureau (FIB)
[C] Banks Appointment Bureau (BAB)
[D] Banks and Insurance Companies Bureau
Show Answer
Correct Answer: A [Financial Services Institution Bureau (FSIB)]
Notes:
The government has decided to set up the Financial Services Institution Bureau (FSIB) to replace the Banks Board Bureau (BBB).
The BBB was entrusted with the task of selecting candidates for appointments to the senior management-level posts. Delhi High Court last year ruled that BBB couldn’t select the General Managers and directors of state-run general insurers. Former BBB chairman Sharma is set to head the new body.
2. Which Indian state has launched a new scheme named ‘Naari Ko Naman’?
[A] Uttar Pradesh
[B] Himachal Pradesh
[C] Punjab
[D] Odisha
Show Answer
Correct Answer: B [Himachal Pradesh]
Notes:
Himachal Pradesh Chief Minister Jai Ram Thakur launched the ‘Naari Ko Naman’ scheme. It aims to 50 per cent concession on bus fares to women for travel within the state.
The state government also announced to sanction 25 new posts of women drivers in the ‘Ride With Pride’ government taxi service – an initiative to ferry women passengers and senior citizens.
3. Who is the new President of Financial Action Task Force (FATF)?
[A] T Raja Kumar
[B] Urjit Patel
[C] Viral Acharya
[D] Subash Chandra Garg
Show Answer
Correct Answer: A [T Raja Kumar]
Notes:
T Raja Kumar of Singapore has been appointed as the president of Financial Action Task Force (FATF), the anti-money laundering watchdog.
He has replaced Marcus Pleyer and will discharge his service for next two years. As per FATF, the President will focus on enhancing the effectiveness of global anti-money laundering and counter-terrorist financing measures, improving asset recovery and other initiatives.
4. What is the total GST revenue collected in June 2022?
[A] Rs 1.45 Lakh Crore
[B] Rs 1.30 Lakh Crore
[C] Rs. 1.20 Lakh Crore
[D] Rs 1.15 Lakh Crore
Show Answer
Correct Answer: A [Rs 1.45 Lakh Crore]
Notes:
The Goods and Services Tax (GST) revenue in June rose to ₹144,616 crore, the second-highest since the inception of GST five years ago.
The new high collection is on the back of rapid economic recovery and stricter compliance, as per the Union Finance Ministry said. In April, the collection was the highest ever at ₹1,67,540 crore. This is the fifth time the monthly GST collection crossed the ₹1.40 lakh crore mark and fourth month at a stretch since March 2022.
5. Which Union Ministry released ‘SDG National Indicator Framework (NIF) Progress Report, 2022’?
[A] Ministry of Finance
[B] Ministry of Statistics and Programme Implementation
[C] Ministry of Home Affairs
[D] Ministry of Environment, Forest and Climate Change
Show Answer
Correct Answer: B [Ministry of Statistics and Programme Implementation]
Notes:
India has been celebrating 29th June as “Statistics Day”. This year, the theme was ‘Data for Sustainable Development’.
The Ministry released ‘Sustainable Development Goals-National Indicator Framework (NIF) Progress Report, 2022’. Along with the report, the updated NIF 2022 and Data Snapshot on SDGs NIF Report 2022 and “Youth in India 2022” publication were also released. Prof. P.C. Mahalanobis National Award in Official Statistics, 2022 was also awarded.
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