ENGLISH QUIZ 24.05.2022

1. Who has established the world’s highest weather station on Mount Everest?

A. National Geographic Society

B. Discovery

C. Doordarhan

D. Parliament TV

2. In which state has the Supreme Court recently approved the mining and export of iron ore?

A. Kerala

B. Karnataka

C. Tamil Nadu

D. Jharkhand

3. Which international institute has announced the opening of regional office in Gujarat International Finance Tec-City (GIFT City)?

A. World bank

B. World Health Organization

C. New Development Bank

D. World Economic Forum

4 .Which country has planned to discover the world’s first habitable planet with a space telescope?

A. Russia

B. America

C. Israel

D. China

5. International Day for Biological Diversity goes to?

A. 22 May

B. 20 May

C. 21 May

D. 23 May

6. Which bank has entered into a share purchase agreement to sell one-fourth of its shares in Ages Federal Life Insurance?

A. Bank of India

B. IDBI Bank

C. Canara Bank

D. Yes Bank

7.  According to the central government, in which financial year India has received FDI of $ 83.57 billion?

A. 2021

B. 2023

C. 2022

D. 2024

8. Subhash Ola, an inventor from which state of India has won the first prize for the Amazon Sambhav Entrepreneurship Challenge 2022?

A. Kerala

B. Delhi

C. Gujarat

D. Rajasthan

9. Which IFS officer has been appointed as the new Personal Secretary to Prime Minister Narendra Modi?

A. Vivek Kumar

B. Sanjay Kumar

C. Ajay Singh

D. Sandeep Mathur

10. Which day is celebrated across the world on 23rd May?

A. World elephant day

B. World turtle day

C. World lion day

D. World unicorn day

11. Consider the following statements:

1. Finance Minister participated in the 13th Annual Day commemoration of the Competition Commission of India (CCI).Finance Minister also inaugurated the regional office at Kolkata and launched an upgraded website of CCI.

2. Competition Commission of India (CCI) is a statutory body of the Government of India responsible for enforcing the Competition Act, 2001, it was duly constituted in March 2009.

Which of the above statement/statements are correct?

A. 1 only

B. 2 only

C. Both 1 and 2

D. Neither 1 nor 2

12. Consider the following statements:

1. In keeping with the ethos of One Nation, One Portal, Union Minister Dr. Jitendra Singh unveiled the Single National Portal for Biotech Researchers and Start-ups.

2. India is among the top 17 destinations for biotechnology globally and the 3rd largest biotechnology destination in the Asia Pacific region.

3. At present, the industry comprises over 2,700 biotech start-ups and more than 2,500 biotech companies are present in India.

Which of the statements given above is/are correct?

A. 1 and 2 are correct

B. 1 and 3 are correct

C. 2 and 3 are correct

D. All of the above

13. Consider the following statements:

1. According to the World Economic Situation and Prospects (WESP) report that was released by the United Nations on 18th May 2022, the global economy this year is expected to grow by only 3.1 per cent.

2. The earlier prediction in January was 4.0 per cent but the rate was slashed mainly due to the war in Ukraine. This report has been published by the Department of Economic and Social Affairs (DESA) of the UN.

Which of the above statement/statements are correct?

A. 1 only

B. 2 only

C. Both 1 and 2

D. Neither 1 nor 2

Answer

Answer: 1) A

Explanation

• National Geographic Society has installed the “world’s highest weather station” on Mount Everest at an altitude of 8,830 metres to automatically measure various meteorological phenomena.
• Nepal’s Department of Hydrology and Meteorology (DHM) said the automatic weather station was installed a few metres below the summit point last week as the snow and ice on the summit are not suitable for fixing equipment.

Answer: 2) B

Explanation

• Supreme Court of India allowed mining companies to export iron ore extracted from mines in Ballari, Chitradurga and Tumakuru districts of Karnataka.
• A bench of Chief Justice NV Ramana, Justice Krishna Murari and Justice Hima Kohli took note of the central government’s position and withdrew the export ban on iron ore, directing the companies to comply with the restrictions of the authorities.

Answer: 3) C

Explanation

• The New Development Bank (NDB) the Brics countries multilateral bank based in Shanghaiwill open its first regional office in India at the Gujarat International Finance Tec-City (GIFT City) to address the country’s infrastructural and sustainable development needs.
• The India office will concentrate on extending its presence in the country by developing implementing, and monitoring new projects.

Answer: 4) D

Explanation

• Chinese scientists have proposed a space project to survey the sky through a space-borne telescope to hunt for habitable Earth-like planets outside the solar system, about 32 light-years from Earth.
• The project, named Closeby Habitable Exoplanet Survey (CHES) would be the first space mission specially designed to search for habitable terrestrial planets around nearby Sun-like stars.

Answer: 5) A

Explanation

• International Day for Biodiversity or World Biodiversity Day is observed every year on 22 May to increase awareness and understanding about biodiversity issues.
• Biodiversity is essential for maintaining the balance of the planet. It is the cornerstone of ecosystem services, which are closely linked to human well-being.
• The theme for 2022 is “Building a Common Future for All Lives”.

Answer: 6) B

Explanation

• IDBI Bank has barged into a share purchase agreement to sell its remaining 25% stake in private sector life insurer Ageas Federal Life Insurance for Rs 580 crore, making Ageas one of the few foreign insurers to increase its stake in its Indian insurance joint venture to 74 percent after the government raised the FDI cap in the insurance sector.
• The deal is scheduled to close in Q2FY23, pending regulatory approvals and the fulfilment of the share purchase agreement’s terms and conditions. Ageas, a European insurer, has already expanded its stake in the Indian insurer from 26% to 49% in December 2020.

Answer: 7) C

Explanation

• The central government announced that India has recorded the highest ever annual FDI inflow of $83.57 billion during FY22. In 2020-21, the inflow stood at $81.97 billion.
• India is rapidly emerging as a preferred country for foreign investments in the manufacturing sector.
• FDI equity inflow in manufacturing sectors has increased by 76 per cent in 2021-22 ($21.34 billion) compared to 2020-21 ($12.09 billion).

Answer: 8) D

Explanation

• Subhash Ola, an innovator from Rajasthan, has developed a technology to save energy in boilers by recycling steam, for which he has won the first prize for the Amazon Sambhav Entrepreneurship Challenge 2022.

Answer: 9) A

Explanation

• Prime Minister Narendra Modi has got IFS Vivek Kumar as his new Private Secretary (PS).
• The Cabinet Appointments Committee accepted Vivek Kumar’s nomination as PM Modi’s press secretary.
• Vivek Kumar is the director of the Prime Minister’s Office and is a 2004 batch Indian Foreign Service (IFS) officer (PMO).
• The Cabinet Appointments Committee has approved the application for Vivek Kumar, IFS (2004) to be appointed as PS to PM at Joint Secretary level in the Prime Minister’s Office, with salary at Pay Matrix level 14.

Answer: 10) B

Explanation

• World Turtle Day is celebrated all over the world on 23 May. This day is celebrated every year on 23 May by American Tortoise Rescue, a non-profit organization.
• This day is celebrated to raise awareness among people to protect turtles and their disappearing habitats around the world.

Answer: 11) A

Explanation

• Finance Minister participated in the 13th Annual Day commemoration of the Competition Commission of India (CCI).Finance Minister also inaugurated the regional office at Kolkata and launched an upgraded website of CCI.
• Competition Commission of India (CCI) is a statutory body of the Government of India responsible for enforcing the Competition Act, 2002, it was duly constituted in March 2009.
• The Monopolies and Restrictive Trade Practices Act, 1969 (MRTP Act) was repealed and replaced by the Competition Act, 2002, on the recommendations of the Raghavan committee.
• The Commission consists of one Chairperson and six Members who shall be appointed by the Central Government.
• The commission is a quasi-judicial body which gives opinions to statutory authorities and also deals with other cases. The Chairperson and other Members shall be whole-time Members.

Answer: 12) B

Explanation

• In keeping with the ethos of One Nation, One Portal, Union Minister Dr. Jitendra Singh unveiled the Single National Portal for Biotech Researchers and Start-ups.
• All those seeking regulatory permission for biological research and development activity in the country will use BioRRAP.
• According to the Minister, biotechnology has quickly become a viable academic and career option for Indian youth.
• India’s Status in Biological Fields Researches
• India is among the top 12 destinations for biotechnology globally and the 3rd largest biotechnology destination in the Asia Pacific region.
• At present, the industry comprises over 2,700 biotech start-ups and more than 2,500 biotech companies are present in India.
• Other than biotechnology, biological work related to biodiversity, the latest methods of conservation and protection of flora and fauna, forest and wildlife, bio-survey, and bio-utilization of biological resources are also gaining momentum in India due to the effect of climate change on them.
• Research in the various biological fields is continuously expanding its vista in India supported by grants from the various public and private sectors.
• India will be recognized as a Global Bio-manufacturing Hub by 2025 and will figure among the top 5 countries of the world.

Answer: 13) C

Explanation

• According to the World Economic Situation and Prospects (WESP) report that was released by the United Nations on 18th May 2022, the global economy this year is expected to grow by only 3.1 per cent.
• The earlier prediction in January was 4.0 per cent but the rate was slashed mainly due to the war in Ukraine. This report has been published by the Department of Economic and Social Affairs (DESA) of the UN.
• The forecast has revealed that the Ukraine conflict and the COVID-19 pandemic have increased commodity and food prices, thus increasing the inflationary pressures.
• According to this report, global inflation this year is set to reach 6.7 per cent. The high inflation rate in the developing and least developed countries is reducing the real income of the households.
• This can be seen mostly in those countries where there is more poverty along with constrained wage growth and there is less fiscal support to soften the impact of higher food prices.
• Also, the United States Federal Reserve’s monetary tightening will also affect the developing and the least developed nations.