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Current Affairs Quiz – 05 January 2022

Current Affairs Quiz 05 January 2022: This post contains Questions/Quiz based on the Current Affairs and Important News of 05 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. Name the world’s first company which has recently hit $3 trillion market cap?
    A) Apple
    B) Samsung
    C) Microsoft
    D) Amazon
    View answer
    Option A
    Explanation:The stock market value of Apple Inc. hit $3 trillion (£2.2tn) briefly on January 03, 2022, becoming the world’s first company to do so.
  2. How many banks have been categorised as Domestic Systemically Important Banks (D-SIBs) by RBI?
    A) 4
    B) 3
    C) 2
    D) 5
    View answer
    Option B
    Explanation: Reserve Bank of India has retained State Bank of India, ICICI Bank and HDFC Bank as Domestic Systemically Important Banks (D-SIBs). These three banks have continued to be on the D-SIBs list published by RBI, since Sep 04, 2017.
  3. Richard Leakey who has passed away recently was a world renowned conservationist and fossil hunter from which country?
    A) Nigeria
    B) Sweden
    C) United Kingdom
    D) Kenya
    View answer
    Option D
    Explanation:
    World-renowned Kenyan politician, conservationist and fossil hunter Richard Leakey has passed away. He was 77. The legendary paleoanthropologist is credited for the discovery of ‘Turkana Boy’ in 1984 which led to groundbreaking discoveries proving that humankind evolved in Africa.
  4. ONGC has roped in first ever female as the CMD of the company on an interim basis. Name the new interim CMD?
    A) Deepa Chadha
    B) Reena Jaitly
    C) Alka Mittal
    D) Manisha Pathak
    View answer
    Option C
    Explanation: Alka Mittal, Director (HR), ONGC, has been given the additional charge as the new interim chairman and managing director (CMD) of Oil and Natural Gas Corporation (ONGC), the largest oil and gas producer in India.
  5. What was the approx GST collection in December 2021 as per the data by the Ministry of Finance?
    A) Rs. 1.29 crore
    B) Rs. 1.11 crore
    C) Rs. 1.08 crore
    D) Rs. 1.44 crore
    View answer
    Option A
    Explanation: As per the data released by the Ministry of Finance, the gross GST (Goods and Services Tax) revenue collected in December 2021 stood at Rs.1,29,780 crore.
  6. The Indian Navy will conduct the multinational naval exercise Milan in February 2022 at which place?
    A) Panaji
    B) Visakhapatnam
    C) Port Blair
    D) Kochi
    View answer
    Option B
    Explanation:
    The Indian Navy will host its largest ever biennial multinational naval exercise Milan in Visakhapatnam in February 2022. India has invited total 46 friendly foreign countries to participate Exercise Milan. The theme of the exercise in 2022 is camaraderie, cohesion and collaboration.
  7. Who has been appointed as the new Chief Executive Officer  of the airline company Vistara?
    A) Niyant Maru
    B) Hamish Maxwell
    C) Gurjot Singh Malhi
    D) Vinod Kannan
    View answer
    Option D
    Explanation: Vistara Airlines has appointed Vinod Kannan as the new Chief Executive Officer (CEO) with effect from January 01, 2022.
  8. Which bank has launched Green Fixed Deposits, for its retail and corporate customers?
    A) IndusInd Bank
    B) HDFC Bank
    C) ICICI Bank
    D) Axis Bank
    View answer
    Option A
    Explanation: IndusInd Bank has launched “Green Fixed Deposits” for its retail and corporate customers.
  9. Abdalla Hamdok has recently resigned as the Prime Minister of which country?
    A) Rwanda
    B) Turkey
    C) Sudan
    D) Somalia
    View answer
    Option C
    Explanation:
    The Prime Minister of Sudan Abdalla Hamdok has announced his resignation on January 02, 2022.
  10. Ministry of Education has recently announced a new initiative to provide the best-developed ed-tech solutions and courses to students on a single platform. What is the name of this solution?
    A) NIPUN 3.0
    B) PRAGATI 3.0
    C) SARTHAQ 3.0
    D) NEAT 3.0
    View answer
    Option D
    Explanation:
    The Union Minister of Education Shri Dharmendra Pradhan launched National Educational Alliance for Technology (NEAT 3.0), and regional language textbooks prescribed by AICTE, on January 03, 2022. NEAT 3.0 aims to provide the best-developed ed-tech solutions and courses to students on a single platform. It will be beneficial especially among the economically disadvantaged students.
  11. How many buckets are used by RBI to classify banks as Domestic Systemically Important Banks (D-SIBs)?
    A) 5
    B) 4
    C) 3
    D) 6
    View answer
    Option A
    Explanation: The D-SIBs banks are classified into 5 buckets. Bucket 1, Bucket 2, Bucket 3, Bucket 4 and Bucket 5. With Bucket 5 being the most important followed by rest in decreasing order.
  12. Which of these banks are classified as Domestic Systemically Important Banks (D-SIBs) by RBI?
    A) SBI
    B) Punjab National Bank
    C) HDFC Bank
    D) ICICI Bank
    View answer
    Option B
    Explanation:Reserve Bank of India has retained State Bank of India, ICICI Bank and HDFC Bank as Domestic Systemically Important Banks (D-SIBs).

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