Current Affairs Quiz – 10 March 2022

Current Affairs Quiz 10 March 2022: This post contains Questions/Quiz based on the Current Affairs and Important News of 10 March 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. SEBI has increased the investment limit for retail investors applying in public issues of debt securities with the facility to block funds through Unified Payments Interface (UPI) mechanism. What is the new limit?
   A) Rs 2 lakh
   B) Rs 5 lakh
   C) Rs 7 lakh
   D) Rs 4 lakh
   
   View answer

   Option B
   Explanation: The Securities and Exchange Board of India (SEBI) has increased the investment limit for retail investors applying in public issues of debt securities with the facility to block funds through Unified Payments Interface (UPI) mechanism from Rs 2 lakh to Rs 5 lakh.
2. The WHO Global Centre for Traditional Medicine (WHO GCTM) will come up in which of these Indian cities?.
   A) Gurugram
   B) Indore
   C) Jamnagar
   D) Nagpur
   
   View answer

   Option C
   Explanation: The Union Cabinet has approved the establishment of the WHO Global Centre for Traditional Medicine (WHO GCTM) in Jamnagar, Gujarat.
3. The Union Cabinet has approved to set up National Land Monetization Corporation (NLMC) as a wholly Government of India owned company, under the administrative jurisdiction of which ministry?
   A) Ministry of Finance
   B) Ministry of Corporate Affairs
   C) Ministry of Home Affairs
   D) Ministry of Commerce and Industry
   
   View answer

   Option A
   Explanation: The Union Cabinet has approved to set up a new company called National Land Monetization Corporation (NLMC), as a special purpose vehicle (SPV). NLMC shall be a wholly-owned Government of India company. It will be set up under the administrative jurisdiction of the Ministry of Finance.
4. Which bank has partnered with software company ToneTag for “VoiceSe UPI payments service”?
   A) India Post Payments Bank
   B) Airtel Payments Bank
   C) Paytm Payments Bank
   D) NSDL Payments Bank
   
   View answer

   Option D
   Explanation:ToneTag has partnered with NSDL Payments Bank and NPCI to launch its “VoiceSe UPI payments service” for feature phone users, This comes after the Reserve Bank of India has launched the UPI 123Pay facility that enables UPI payments for feature phone users.
5. #LaxmiForLaxmi is a missed call advisory service for financial empowerment of women population. Which fund house has launched this campaign?
   A) SBI Mutual Fund
   B) UTI Mutual Fund
   C) HDFC Mutual Fund
   D) ICICI Prudential Mutual Fund
   
   View answer

   Option C
   Explanation: HDFC Mutual Fund has launched an end-to-end women-led missed call advisory service #LaxmiForLaxmi on the occasion of International Women’s Day 2022.
6. Who has been elected as the new President of Financial Action Task Force (FATF), to succeed incumbent Dr. Marcus Pleyer of Germany?
   A) Santiago Otamendi 
   B) T. Raja Kumar
   C) Vincent Schmoll 
   D) Juan Manuel Vega-Serrano
   
   View answer

   Option B
   Explanation: T. Raja Kumar of Singapore has been appointed as the next President of Financial Action Task Force (FATF).
7. S L Narayanan is an Indian player from which sports event?
   A) Chess
   B) Badminton
   C) Shooting
   D) Tennis
   
   View answer

   Option A
   Explanation: In Chess, Indian Grandmaster S L Narayanan was declared the winner in the Grandiscacchi Cattolica International Open, held in Italy on March 08, 2022.
8. Who has been named as the new Chairperson of the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) to replace Justice Shiva Kirti Singh?
   A) Justice DN Patel
   B) Justice S. Muralidhar
   C) Justice Sanjay Karol
   D) Justice Dipankar Datta
   
   View answer

   Option A
   Explanation: The Union Cabinet has approved the appointment of Delhi High Court Chief Justice DN (Dhirubhai Naranbhai) Patel as the next Chairperson of the Telecom Disputes Settlement and Appellate Tribunal (TDSAT), for a period of four years, or until further orders.
9. India`s largest reclining statue of Lord Buddha is being built at which pilgrim site?
   A) Kushinagar
   B) Bodh Gaya
   C) Nalanda
   D) Sarnath
   
   View answer

   Option B
   Explanation: India`s largest reclining statue of Lord Buddha is being built in Bodh Gaya in Bihar.
10. Who has been declared as the 23rd and latest Woman Grandmaster (WGM) of India?
    A) Subbaraman Vijayalakshmi 
    B) Padmini Rout
    C) Priyanka Nutakki
    D) Mary Ann Gomes
    
    View answer

    Option C
    Explanation: Priyanka Nutakki has become India’s 23rd and newest Woman Grandmaster (WGM). The 19-year-old girl hails from Vijayawada, in Andhra Pradesh.

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