Current Affairs Quiz – 02 & 03 January 2022

Current Affairs Quiz 02 & 03 January 2022: This post contains Questions/Quiz based on the Current Affairs and Important News of 02 & 03 January 2022. These questions have been framed keeping in mind the pattern of banking and competitive exams and hence this current affairs quiz will be helpful for upcoming competitive exams. Give our online current affairs test every day to be prepared for all Current Affairs competitive exams

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1. Which of these rates of interest on small savings scheme is not correct?
   A) Sukanya Samriddhi Account – 7.6%
   B) Kisan Vikas Patra (KVP) – 6.9%
   C) National Savings Certificates (NSC) – 6.8%
   D) Senior Citizen Savings Scheme (SCSS) – 7.1%
   
   View answer

   Option D
   Explanation: Senior Citizen Savings Scheme (SCSS) – 7.4%
2. Name the 100 day reading campaign launched by the Ministry of Education on January 01, 2022?
   A) Padhe Bharat
   B) Bharat Adhyayan
   C) Seekhe Bharat
   D) Bharat Pathan
   
   View answer

   Option A
   Explanation:The Union Education Minister Shri Dharmendra Pradhan has launched ‘Padhe Bharat’, a 100 days (14 weeks) reading campaign. The campaign has been organised from January 01, 2022 to April 10, 2022.
3. Which institution has topped the Atal Ranking of Institutions on Innovation Achievements (ARIIA) 2021?
   A) IIT Bombay
   B) IIT Madras
   C) IIT Kanpur
   D) IIT Delhi
   
   View answer

   Option B
   Explanation:The Indian Institute of Technology (IIT), Madras has retained the top position in the ‘Atal Ranking of Institutions on Innovation Achievements,’ (ARIIA) 2021 for being the best centrally funded institution in India.
4. Centre has approved the issuance of electoral bonds for sale from January 1 to 10, 2022. Which tranche of electoral bond sale is this?
   A) 17th
   B) 21st
   C) 19th
   D) 20th
   
   View answer

   Option C
   Explanation:Government of India has approved the issuance of the 19th tranche of electoral bonds for sale from January 1 to 10, 2022 in view of upcoming assembly elections for 5 states– Uttar Pradesh, Uttarakhand, Punjab, Himachal Pradesh and Goa.
5. Major Dhyan Chand Sports University is the first sports university of the Indian state of Uttar Pradesh. The foundation stone of the university was laid by PM Modi recently in which city?
   A) Lucknow
   B) Varanasi
   C) Agra
   D) Meerut
   
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   Option D
   Explanation:Prime Minister Shri Narendra Modi laid the foundation stone of Major Dhyan Chand Sports University in Meerut district of Uttar Pradesh on January 02, 2022. This will be the first sports university in Uttar Pradesh.
6. SEBI has reconstituted its advisory committee on market data. Who is the new head of this committee and how many members are there in the committee?
   A) S Sahoo; 20
   B) M. Rajeshwar Rao; 15
   C) Ajay Tyagi; 15
   D) S. K. Mohanty; 20
   
   View answer

   Option A
   Explanation:The Securities and Exchange Board of India (Sebi) has restructured its advisory committee on market data. The 20-member committee recommends policy measures pertaining to areas like securities market data access and privacy. S Sahoo, former chairperson of Insolvency and Bankruptcy Board of India (IBBI) and Professor at National Law University, Delhi is the new head of the panel.
7. Name the winner of the Sahitya Academy Awards 2021 in Englaish language
   A) Sanjiv Verenkar
   B) Anuradha Sarma
   C) Namita Gokhale
   D) Niranjan Hansda
   
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   Option C
   Explanation:Namita Gokhale (English);Daya Prakash Sinha (Hindi)
8. Which country has taken over the chairmanship of the United Nations Security Council’s Counter-Terrorism Committee in 2022?
   A) France
   B) India
   C) Vietnam
   D) South Korea
   
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   Option B
   Explanation: India has assumed the chairmanship of the United Nations Security Council’s Counter-Terrorism Committee for one year, beginning from January 01, 2022.
9. What is the interest rate applicable on the Public Provident Fund Account (PPF)?
   A) 7.7%
   B) 7.5%
   C) 7.1%
   D) 7.3%
   
   View answer

   Option C
   Explanation: 15-Year Public Provident Fund Account (PPF) – 7.1%
10. What was the profession of Vijay Galani who has passed away recently?
    A) film producer
    B) lyricist
    C) musician
    D) scriptwriter
    
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    Option A
    Explanation:Bollywood film producer Vijay Galani has passed away due to organ failure. He was in his late 50s. Vijay Galani was suffering from blood cancer and was in London for seeking treatment.
11. Which country has taken over the rotating presidency of the Council of the European Union for six months beginning January 2022?
    A) Germany
    B) Italy
    C) Netherlands
    D) France
    
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    Option D
    Explanation:France has assumed the rotating presidency of the Council of the European Union with effect from January 01, 2022.The country will continue to hold the EU presidency for the next six months till June 30, 2022.
12. Which bank has been authorized by the Government of India to issue and encash Electoral Bonds?
    A) State Bank of India
    B) Bank of Baroda
    C) All Public Sector banks
    D) Punjab National Bank
    
    View answer

    Option A
    Explanation:State Bank of India (SBI) is the only authorized bank to issue and encash Electoral Bonds through its 29 Authorized Branches. 

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