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March 1st week
, 27-02-2022 Current Affairs Quiz
1) Which company tie-up with IATA for the payment platform for the airline industry?
a) Power Finance Ltd. b) Standard Chartered
c) Tata Capital d) All of the above
Answer: B
Explanation: Standard Chartered tie-up with IATA for payment platform for airline industry. Global banking
group Standard Chartered has partnered with the International Air Transport Association (IATA) to launch a
payment platform for the airline industry in India.
Static Points:
Standard Chartered CEO - Bill Winters; IATA Director General - Willie Walsh; Headquarters - Montreal Canada
2) Who has reappointed as the MD & CEO of IDBI Bank?
a) Shaktikanta Das b) Rakesh Sharma c) Sandeep Bakhshi d) Amitabh Chaudhry
Answer: B
Explanation: The IDBI Bank reappointed Rakesh Sharma as the Managing Director and Chief Executive
Officer (MD & CEO) of the bank for the term of three years, effective March 19, 2022. He was initially
appointed as the MD&CEO of the bank in October 2018. The re-appointment is based on the approval of the
Reserve Bank of India.
Static Points:
IDBI Bank CEO - Rakesh Sharma; Headquarters - Mumbai, Maharashtra; Tagline - Banking for All, Aao Sochein
Bada
3) Who has been appointed as National e-Governance Division Chief?
a) SashidharJagdishan b) Abhishek Singh
c) Sandeep Bakhshi d) None of the above
Answer: B
Explanation: 1995-batch IAS officers and Digital India Corporation CEO, Abhishek Singh as new National e-
Governance Division chief. The 1995-batch IAS officer from Nagaland cadre will hold the position in the rank
and pay of Additional Secretary.
4) extended the deadline for the implementation of Client Level Segregation of Funds for 2nd May 2022.
a) NSDL b) IRDA c) SEBI d) CDSL
Answer: C
Explanation: The Securities and Exchange Board of India (Sebi) extended the deadline for implementation of
client-level segregation of funds and monitoring of collateral at stockbrokers to May 2, 2022. The previous
deadline was February 28, 2022. In July last year, the regulator came out with guidelines on client-level
segregation amid instances of misuse of client collateral by brokers.
Static Points:
SEBI Chairperson - Ajay Tyagi; Headquarters - Mumbai, Maharashtra
5) Which Bank launches ‘MSMERuPay Credit Card’?
a) Reserve Bank of India b) State Bank of India
c) Bank of Baroda d) Union Bank of India
Answer: D
, Explanation: Union Bank of India in association with National Payments Corporation of India (NPCI) launched
'Union MSME RuPay Credit Card' with an aim to provide digital delivery of Finance to Micro, Small & Medium
Enterprises (MSMEs) in the current phase of progression towards a digital economy.
Static Points:
Union Bank of India CEO - Rajkiran Rai; Headquarters - Mumbai, Maharashtra; Tagline - Good People to Bank
with
6) GoI has approved for the continuation of the IVFRT Scheme for a period of five years with an outlay of
.
a) Rs.1,364.88 Cr b) Rs.1,374 Cr c) Rs.363.77 Cr d) Rs.1,304 Cr
Answer: A
Explanation: The Government of India has approved the continuation of the Immigration Visa
Foreigners Registration Tracking (IVFRT) Scheme beyond March 31, 2021, for a period of five years
from April 1, 2021, to March 31, 2026, with a financial outlay of Rs. 1,364.88 crore.
7) MSME Technology Centre to be set up in which state?
a) Kerala b) Tamil Nadu c) Maharashtra d) Odisha
Answer: C
Explanation: Union Minister for Micro, Small & Medium Enterprises (MSME), Narayan Rane has announced the
establishment of MSME-Technology Centre with an outlay of Rs. 200 Crore, in Sindhudurg, Maharashtra. The
MSME-Technology Centre will provide the best of technology, incubation as well as advisory support to the
industry, especially MSMEs, to enhance their competitiveness.
Static Points:
Maharashtra Capital – Mumbai; Maharashtra CM - Uddhav Thackeray; Maharashtra Governor - Bhagat Singh
Koshyari
8) NHPC limited signed a facility agreement with which bank?
a) ICICI Bank b) HDFC Bank c) YES Bank d) Axis Bank
Answer: B
Explanation: National Hydropower Generation Company (NHPC) limited signed a facility agreement with
HDFC bank to secure return on equity of its 540 MegaWatt (3 X 180 MegaWatt) Chamera-I Power Plant in
Himachal Pradesh for 10 years.
Static Points:
HDFC Bank CEO - Sashidhar Jagdishan; Headquarters – Mumbai; Tagline - We Understand Your World
9) What is the edition of the India-Japan joint exercise ‘EX DHARMA GUARDIAN-2022’?
a) 4 b) 3 c) 2 d) 1
Answer: B
Explanation: The third edition of the joint military exercise “EX DHARMA GUARDIAN-2022” between India
and Japan will be conducted from 27th February to 10th March 2022, at Belagavi (Belgaum), Karnataka. The
15th Battalion the Maratha Light Infantry Regiment of the Indian Army and the 30th Infantry Regiment of
Japanese Ground Self Defence Forces (JGSDF) are participating in this 12 days long joint exercise.
Static Points:
Japan - Capital – Tokyo; Currency - Japanese Yen; Prime Minister - Fumio Kishida
10) What is the edition of DST-CII India-Singapore Technology Summit 2022 Held Virtually?
March 1st week
, 27-02-2022 Current Affairs Quiz
1) Which company tie-up with IATA for the payment platform for the airline industry?
a) Power Finance Ltd. b) Standard Chartered
c) Tata Capital d) All of the above
Answer: B
Explanation: Standard Chartered tie-up with IATA for payment platform for airline industry. Global banking
group Standard Chartered has partnered with the International Air Transport Association (IATA) to launch a
payment platform for the airline industry in India.
Static Points:
Standard Chartered CEO - Bill Winters; IATA Director General - Willie Walsh; Headquarters - Montreal Canada
2) Who has reappointed as the MD & CEO of IDBI Bank?
a) Shaktikanta Das b) Rakesh Sharma c) Sandeep Bakhshi d) Amitabh Chaudhry
Answer: B
Explanation: The IDBI Bank reappointed Rakesh Sharma as the Managing Director and Chief Executive
Officer (MD & CEO) of the bank for the term of three years, effective March 19, 2022. He was initially
appointed as the MD&CEO of the bank in October 2018. The re-appointment is based on the approval of the
Reserve Bank of India.
Static Points:
IDBI Bank CEO - Rakesh Sharma; Headquarters - Mumbai, Maharashtra; Tagline - Banking for All, Aao Sochein
Bada
3) Who has been appointed as National e-Governance Division Chief?
a) SashidharJagdishan b) Abhishek Singh
c) Sandeep Bakhshi d) None of the above
Answer: B
Explanation: 1995-batch IAS officers and Digital India Corporation CEO, Abhishek Singh as new National e-
Governance Division chief. The 1995-batch IAS officer from Nagaland cadre will hold the position in the rank
and pay of Additional Secretary.
4) extended the deadline for the implementation of Client Level Segregation of Funds for 2nd May 2022.
a) NSDL b) IRDA c) SEBI d) CDSL
Answer: C
Explanation: The Securities and Exchange Board of India (Sebi) extended the deadline for implementation of
client-level segregation of funds and monitoring of collateral at stockbrokers to May 2, 2022. The previous
deadline was February 28, 2022. In July last year, the regulator came out with guidelines on client-level
segregation amid instances of misuse of client collateral by brokers.
Static Points:
SEBI Chairperson - Ajay Tyagi; Headquarters - Mumbai, Maharashtra
5) Which Bank launches ‘MSMERuPay Credit Card’?
a) Reserve Bank of India b) State Bank of India
c) Bank of Baroda d) Union Bank of India
Answer: D
, Explanation: Union Bank of India in association with National Payments Corporation of India (NPCI) launched
'Union MSME RuPay Credit Card' with an aim to provide digital delivery of Finance to Micro, Small & Medium
Enterprises (MSMEs) in the current phase of progression towards a digital economy.
Static Points:
Union Bank of India CEO - Rajkiran Rai; Headquarters - Mumbai, Maharashtra; Tagline - Good People to Bank
with
6) GoI has approved for the continuation of the IVFRT Scheme for a period of five years with an outlay of
.
a) Rs.1,364.88 Cr b) Rs.1,374 Cr c) Rs.363.77 Cr d) Rs.1,304 Cr
Answer: A
Explanation: The Government of India has approved the continuation of the Immigration Visa
Foreigners Registration Tracking (IVFRT) Scheme beyond March 31, 2021, for a period of five years
from April 1, 2021, to March 31, 2026, with a financial outlay of Rs. 1,364.88 crore.
7) MSME Technology Centre to be set up in which state?
a) Kerala b) Tamil Nadu c) Maharashtra d) Odisha
Answer: C
Explanation: Union Minister for Micro, Small & Medium Enterprises (MSME), Narayan Rane has announced the
establishment of MSME-Technology Centre with an outlay of Rs. 200 Crore, in Sindhudurg, Maharashtra. The
MSME-Technology Centre will provide the best of technology, incubation as well as advisory support to the
industry, especially MSMEs, to enhance their competitiveness.
Static Points:
Maharashtra Capital – Mumbai; Maharashtra CM - Uddhav Thackeray; Maharashtra Governor - Bhagat Singh
Koshyari
8) NHPC limited signed a facility agreement with which bank?
a) ICICI Bank b) HDFC Bank c) YES Bank d) Axis Bank
Answer: B
Explanation: National Hydropower Generation Company (NHPC) limited signed a facility agreement with
HDFC bank to secure return on equity of its 540 MegaWatt (3 X 180 MegaWatt) Chamera-I Power Plant in
Himachal Pradesh for 10 years.
Static Points:
HDFC Bank CEO - Sashidhar Jagdishan; Headquarters – Mumbai; Tagline - We Understand Your World
9) What is the edition of the India-Japan joint exercise ‘EX DHARMA GUARDIAN-2022’?
a) 4 b) 3 c) 2 d) 1
Answer: B
Explanation: The third edition of the joint military exercise “EX DHARMA GUARDIAN-2022” between India
and Japan will be conducted from 27th February to 10th March 2022, at Belagavi (Belgaum), Karnataka. The
15th Battalion the Maratha Light Infantry Regiment of the Indian Army and the 30th Infantry Regiment of
Japanese Ground Self Defence Forces (JGSDF) are participating in this 12 days long joint exercise.
Static Points:
Japan - Capital – Tokyo; Currency - Japanese Yen; Prime Minister - Fumio Kishida
10) What is the edition of DST-CII India-Singapore Technology Summit 2022 Held Virtually?
