Current Affairs Quiz – 16 January 2022

Current Affairs Quiz 16 January 2022: This post contains Questions/Quiz based on the Current Affairs and Important News of 16 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 day has been declared by Prime Minister Narendra Modi to be observed as ‘National Start-up Day’ in India?
   A) January 15
   B) January 17
   C) January 18
   D) January 16
   
   View answer

   Option D
   Explanation: Prime Minister Narendra Modi has declared to mark January 16 as ‘National Start-up Day’.
2. As per the data by NPCI, which bank was the largest recipient of the UPI transaction amount in the October-December quarter in 2021?
   A) State Bank of India
   B) Paytm Payments Bank
   C) Bank of Baroda
   D) Punjab National Bank
   
   View answer

   Option B
   Explanation: According to data released by the National Payments Corporation of India (NPCI), Paytm Payments Bank Ltd (PPBL) emerged as the biggest receiver of UPI amount in the October to December 2021 quarter. In December 2021, PPBL received 926.17 million UPI transactions in a single month. The lender became the first beneficiary bank in the country to achieve this landmark.
3. The India Digital Summit, 2022, was organised virtually by Internet And Mobile Association of India (IAMAI). The event was which edition of the annual summit?
   A) 16th
   B) 21st
   C) 7th
   D) 11th
   
   View answer

   Option A
   Explanation: The Union Minister of Commerce & Industry Piyush Goyal virtually addressed the 16th India Digital Summit, 2022 on January 12, 2022. The two day virtual event was organised on January 11 and 12, 2022 by Internet And Mobile Association of India (IAMAI). The theme of the summit was “Supercharging Startups”
4. The 2022 Women’s Hockey Asia Cup will be held in which country?
   A) Myanmar
   B) India
   C) Oman
   D) Thailand
   
   View answer

   Option C
   Explanation: The 2022 Women’s Hockey Asia Cup will be held from 21 to 28 January 2022 at the Sultan Qaboos Sports Complex in Muscat, Oman.
5. Daniel Ortega has been reappointed as the President of which country recently for 4th straight term?
   A) Honduras
   B) Nicaragua
   C) Bolivia
   D) Argentina
   
   View answer

   Option B
   Explanation: Nicaragua President Daniel Ortega has been sworn in for a fourth consecutive five-year term.
6. Which Mutual Fund company has recently been renamed as WhiteOak Capital Mutual Fund?
   A) YES Mutual Fund
   B) ICICI Prudential Mutual Fund
   C) UTI Mutual Fund
   D) HDFC Mutual Fund
   
   View answer

   Option A
   Explanation: The name of YES Asset Management has been rechristened as WhiteOak Capital Asset Management and therefore the name of YES Mutual Fund has been changed to WhiteOak Capital Mutual Fund
7. Indian player Tasnim Mir was in news recently for becoming first Indian world number one in which sports?
   A) Shooting
   B) Tennis
   C) Badminton
   D) Hockey
   
   View answer

   Option C
   Explanation: India’s under-19 shuttler Tasnim Mir has become world number-1 badminton player in the women’s singles category of Under-19, in the latest Badminton World Federation (BWF) junior rankings.
8. Which bank was the biggest remitter of the UPI transaction amount in December 2021, as per the data by NPCI?
   A) HDFC Bank
   B) IndusInd Bank
   C) Bank of Baroda
   D) State Bank of India
   
   View answer

   Option D
   Explanation: SBI was also adjudged as the biggest remitter of UPI amount in December 2021.
9. Which player has been named as the captain of the Indian women’s team participating in the 2022 Women’s Hockey Asia Cup?
   A) Savita Punia
   B) Navjot Kaur
   C) Rani Rampal
   D) Lalremsiami
   
   View answer

   Option A
   Explanation: The 18-member Indian squad, taking part in the tournament will be captained by Goalkeeper Savita Puni.
10. Union Minister of Commerce & Industry Piyush Goyal unveiled which of these strategies as a way forward for Startups ecosystem, during the India Digital Summit, 2022?
    A) GRAB
    B) LEAP
    C) SOAR
    D) EASE
    
    View answer

    Option B
    Explanation: During the event, the Minister unveiled ‘LEAP’ as the way forward to further strengthen our Startups ecosystem . LEAP stands for “Leverage, Encourage, Access & Promote”.

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