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Current Affairs Quiz – 22 June 2021

Current Affairs Quiz 22 June 2021: Based on the Current Affairs and Important News of 22 June 2021 we have framed important current affairs questions for banking and competitive exams. These current affairs quiz questions will be helpful for upcoming competitive exams. Give our online current affairs test every day to be prepared for all Current Affairs Quiz 22 June 2021. 

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  1. Name the Yoga dedicated mobile app launched by the Government of India in collaboration with WHO on the occasion of International Yoga Day on June 21, 2021
    A) s-Yoga
    B) p-Yoga
    C) m-Yoga
    D) i-Yoga
    View answer
    Option C
    Explanation:
    On the occasion of seventh International Yoga Day on June 21, 2021, Prime Minister Narendra Modi has unveiled the mYoga mobile app. The app has been developed in collaboration between the World Health Organisation (WHO) and Ministry of Ayurveda, Yoga & Naturopathy, Unani, Siddha and Homoeopathy (Ministry of AYUSH), Government of India.
  2. Which NBFC has received approval from RBI to take over PMC bank and re-launch it as a Small Finance Bank?
    A) Credila Financial Services Private Limited
    B) Satin Creditcare Network Limited
    C) HDB Financial Services Limited
    D) Centrum Financial Services Limited 
    View answer
    Option D
    Explanation:
    The Reserve Bank of India has given in-principle approval to Centrum Financial Services Limited to set up a small finance bank. Centrum Financial Services Limited will take over the Punjab & Maharashtra Co-operative Bank Ltd., Mumbai (PMC) and re-launch it as a Small Finance Bank.
  3. What is the rank of India in terms of recipient of Foreign Direct Investment (FDI) inflows in the year 2020, as per the World Investment Report 2021 by the UN Conference on Trade and Development (UNCTAD)?
    A) 3rd
    B) 5th
    C) 7th
    D) 6th
    View answer
    Option B
    Explanation:
    As per the World Investment Report 2021 by the UN Conference on Trade and Development (UNCTAD), India was the fifth largest recipient of Foreign Direct Investment (FDI) inflows in the world in 2020. The country received USD 64 billion FDI in 2020, which is an increase of 27 percent, over USD 51 billion inflows  in 2019.
  4. Who is the Chairman of the SEBI’s Takeover Panel, which ahs been reconstituted by the market regulator recently?
    A) Justice N. K. Sodhi
    B) Justice P. Vishwanatha Shetty
    C) Justice Manjunath
    D) Justice Sanjay Yadav
    View answer
    Option A
    Explanation:
    Markets regulator Security and Exchange Board of India (SEBI) has reconstituted its four-member Takeover Panel. Chairman -Justice N. K. Sodhi (Former Chief Justice of High Courts of Karnataka & Kerala and Former Presiding Officer of the Securities Appellate Tribunal)
  5. Based on the data by Swiss National Bank (SNB), what is the rank of India in terms of money parked by its citizens and enterprises with Swiss bank in 2020?
    A) 49
    B) 51
    C) 60
    D) 72
    View answer
    Option B
    Explanation:
    India has been ranked at 51st position in terms of money parked by its citizens and enterprises with Swiss bank in 2020, as per the data released by Swiss National Bank (SNB). Last year India was placed at 77th position.
  6. Name the Indian economist who has been inducted into the High-Level Advisory Group (HLAG) formed by the World Bank and IMF to look into two huge crisis faced by the world, namely Covid-19 pandemic and climate change
    A) Krishnamurthy Subramanian
    B) Bimal Jalan
    C) Montek Singh Ahluwalia
    D) Raghuram Rajan
    View answer
    Option C
    Explanation:
    Montek Singh Ahluwalia, an Indian economist who served as the former Deputy Chairman of the Planning Commission of India, has been named as a member of a High-Level Advisory Group (HLAG) formed by the World Bank and the International Monetary Fund (IMF) to look into two huge crisis faced by the world, namely Covid-19 pandemic and climate change.
  7. Who is the author of the book  ‘The Nutmeg’s Curse: Parables for a Planet in Crisis’?
    A) Arundhati Roy
    B) Salman Rushdie
    C) Chetan Bhagat
    D) Amitav Ghosh
    View answer
    Option D
    Explanation:
    A new book titled ‘The Nutmeg’s Curse: Parables for a Planet in Crisis’, by Jnanpith awardee and bestselling author Amitav Ghosh is all set to release in October 2021.
  8. India has recently formed a Hydrogen Task Force with which country to achieve the goal of green and clean energy?
    A) Japan
    B) United States
    C) France
    D) Russia
    View answer
    Option B
    Explanation:
    The US-India Hydrogen Task Force has recently been formed jointly by the United States Department of Energy (DOE), India’s Ministry of New and Renewable Energy (MNRE) and US India Strategic Partnership Forum (USISPF) This task force has been set up under the US-India Strategic Clean Energy Partnership (SCEP). 
  9. Which country was the largest recipient of FDI inflows in 2020 according to World Investment Report 2021 by the UN Conference on Trade and Development (UNCTAD)?
    A) United States
    B) Germany
    C) China
    D) United Kingdom
    View answer
    Option A
    Explanation:
    The United States remained the largest recipient of FDI, although, the FDI inflow to the country decreased by 40 percent, to $156 billion, in 2020. China was the second largest recipient with USD 149 billion FDI. The global FDI flows decreased by 35 percent in 2020 to USD 1 trillion from USD 1.5 trillion in 2019.
  10. Which country has topped the list by Swiss National Bank (SNB), which evaluates amount of funds held by individuals and firms in Swiss banks in 2020?
    A) United States
    B) China
    C) United Kingdom
    D) France
    View answer
    Option C
    Explanation:
    The United Kingdom (CHF 377 billion) is on top. UK is followed by the United States, West Indies, France and Hong Kong in the top five.

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