Current Affairs Quiz – 27 February 2022

Current Affairs Quiz 27 February 2022: This post contains Questions/Quiz based on the Current Affairs and Important News of 27 February 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. What is the total outlay for the Ayushman Bharat Digital Mission (ABDM) over five years for pan-India implementation?
   A) Rs.1,500 crore
   B) Rs.1,000 crore
   C) Rs.1,600 crore
   D) Rs.1,200 crore
   
   View answer

   Option C
   Explanation:Union Cabinet has approved the pan-India implementation of Ayushman Bharat Digital Mission (ABDM) with a budget of Rs.1,600 crore for five years.
2. Which multilateral agency has become the first to open an office in the Gujarat International Finance Tech City (Gift)?
   A) International Monetary Fund
   B) Asian Development Bank
   C) World Bank
   D) New Development Bank 
   
   View answer

   Option D
   Explanation:New Development Bank (NDB) will become the first multilateral agency to open an office in the Gujarat International Finance Tech City (Gift). 
3. Central Board of Indirect Taxes & Custom (CBIC) has made it mandatory for all firms with turnover of _______ and more to issue e- invoice (electronic invoice) under Goods & Services Tax (GST)
   A) Rs. 20 crore
   B) Rs. 50 crore
   C) Rs. 10 crore
   D) Rs. 30 crore
   
   View answer

   Option A
   Explanation:Central Board of Indirect Taxes & Custom (CBIC) has lowered the threshold for mandatory issuance of e- invoice (electronic invoice) under Goods & Services Tax (GST) to Rs. 20 crore from the earlier prescribed limit of Rs. 50 crore.
4. The Ministry of Micro, Small & Medium Enterprises (MSME) is setting up MSME-Technology Centre in Sindhudurg, to make it hub of industrial sector in the region. In which state is Sindhudurg located?
   A) Haryana
   B) Maharashtra
   C) Gujarat
   D) Tamil Nadu
   
   View answer

   Option B
   Explanation:The Union Ministry of Micro, Small & Medium Enterprises (MSME) is setting up an MSME-Technology Centre in Sindhudurg, Maharashtra, with an outlay of Rs. 200 Crore.
5. Which day is observed as National Protein Day in India?
   A) February 25
   B) February 24
   C) February 26
   D) February 27
   
   View answer

   Option D
   Explanation:In India, February 27th is celebrated as the National Protein Day, to create awareness about protein deficiency and encourage people to include of this macronutrient in their diet. .
6. Which financial company has partnered with International Air Transport Association (IATA) to launch ‘ IATA Pay’ payment platform for airline industry in India?
   A) DBS Bank
   B) State Bank of India
   C) Standard Chartered 
   D) HSBC
   
   View answer

   Option C
   Explanation:UK-based Standard Chartered has partnered with the International Air Transport Association (IATA) to launch a payment platform ‘ IATA Pay’ for airline industry in India.
7. India has pulled out from which of these multilateral exercise in 2022, amid growing crises in Ukraine?
   A) Sea Breeze
   B) Cobra Warrior
   C) Desert Knight
   D) Shared Destiny
   
   View answer

   Option B
   Explanation:The Indian Air Force (IAF) has decided not to send its aircrafts in the multilateral air exercise ‘Cobra Warrior-22’ in United Kingdom, due to the deepening crisis in Ukraine, arising out of the Russian military attack in that country.
8. SEBI has introduced T+1 settlement period of stocks from February 25, 2022, which makes India only the second country to implement this mechanism. Which is the first country to do so?
   A) China
   B) United States
   C) Australia
   D) Singapore
   
   View answer

   Option A
   Explanation:From February 25, 2022, India has become the second country after China to implement T+1 stock settlement mechanism in a phased manner.  The system will be starting with select stocks and then gradually adding others to the fold.
9. World NGO Day is commemorated annually on which day globally?
   A) Last Saturday of February
   B) February 28
   C) Last Sunday of February
   D) February 27 
   
   View answer

   Option D
   Explanation:The World NGO Day is celebrated on February 27 every year.
10. The Government of India has organised the annual Polio National Immunization Day 2022 on which day?
    A) February 26
    B) February 28
    C) February 27
    D) February 25
    
    View answer

    Option C
    Explanation:In 2022, the Government of India has organised the Polio National Immunization Day 2022 (NID) (also known as ‘’Polio Ravivar”) on February 27, 2022, to give two drops of oral polio vaccine (OPV) to every child in the country under the age of five..
11. Hemananda Biswal, who has passed away recently, was the former Chief Minister of which state?
    A) Maharashtra
    B) Odisha
    C) Madhya Pradesh
    D) Rajasthan
    
    View answer

    Option B
    Explanation:Politician and former Chief Minister of Odisha, Hemananda Biswal passed away in Bhubaneswar at the age of 82 years. He was undergoing treatment for pneumonia.
12. What is the theme of National Protein Day 2022?
    A) Action on Protein
    B) Protein and Health
    C) Food Futurism
    D) Powering with Plant Protein
    
    View answer

    Option C
    Explanation:Theme for 2022:   ‘Food Futurism‘ .

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