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Current Affairs Quiz – 27 January 2022

Current Affairs Quiz 27 January 2022: This post contains Questions/Quiz based on the Current Affairs and Important News of 27 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. The Ministry of Electronics and Information Technology has recently released a 5-year roadmap and Vision Document 2.0 to achieve US$300 billion Sustainable Electronics Manufacturing & Exports by which year?
    A) 2026
    B) 2024
    C) 2030
    D) 2035
    View answer
    Option A
    Explanation:
    The Ministry of Electronics and Information Technology (MeitY) released a 5-year roadmap and Vision Document 2.0 for the electronics sector on January 24, 2022. The Vision Document 2.0 titled “$300 bn Sustainable Electronics Manufacturing & Exports by 2026” has been prepared by MeitY  in association with the India Cellular & Electronics Association (ICEA).
  2. The Punjab and Maharashtra Co-operative Bank Ltd. (PMC Bank) has been amalgamated with which bank with effect from January 25, 2022?
    A) Ujjivan Small Finance Bank
    B) Fincare Small Finance Bank
    C) Shivalik Small Finance Bank 
    D) Unity Small Finance Bank
    View answer
    Option D
    Explanation: The Government of India on January 25, 2022 has sanctioned and notified the Scheme for the amalgamation of the Punjab and Maharashtra Co-operative Bank Ltd. (PMC Bank) with Unity Small Finance Bank Ltd. (USFBL).
  3. What is the projected GDP growth rate of India in FY22 as per IMF’s latest world economic outlook?
    A) 7%
    B) 9%
    C) 8%
    D) 10%
    View answer
    Option B
    Explanation: The International Monetary Fund (IMF) has cut India’s economic growth forecast for the current fiscal 2021-22 (FY22) to 9 percent, in its latest world economic outlook report, released on January 25, 2022.
  4. Which brand has emerged as the world’s most valuable brand in 2022 according to the Brand Finance 2022 Global 500 report?
    A) Google
    B) Amazon
    C) Facebook
    D) Apple
    View answer
    Option D
    Explanation:
    Apple has retained its position as the most valuable brand in 2022 as well, according to the Brand Finance 2022 Global 500 report. The brand valuation of Apple was recorded at $355.1 billion in 2022, which is an increase of 35% from last year.
  5. What is the rank of India in Corruption Perceptions Index (CPI) 2021?
    A) 81
    B) 88
    C) 85
    D) 89
    View answer
    Option C
    Explanation: Transparency International has released the Corruption Perceptions Index (CPI) 2021 in which India has been ranked at 85th spot (Score of 40).
  6. The naval exercises CHIRU-2Q22 was recently held between 3 countries to enhance their naval cooperation. Which country was not part of this naval drill?
    A) India
    B) Russia
    C) China
    D) Iran
    View answer
    Option A
    Explanation: The Russian, Chinese and Iranian navies undertook naval exercises CHIRU-2Q22 in the Gulf of Oman from January 18 to 22, 2022.
  7. According to the International Monetary Fund (IMF), what is the estimated global GDP growth projection in 2022?
    A) 3.7%
    B) 4.4%
    C) 4.9%
    D) 3.9%
    View answer
    Option B
    Explanation: IMF has projected the global growth rate in 2022 to 4.4%, and in 2023 to 3.8%.
  8. How many people have been conferred with the Padma Awards in 2022?
    A) 275
    B) 174
    C) 328
    D) 128
    View answer
    Option D
    Explanation: The 2022 Padma Award has been conferred upon 128 winners.
  9. India has signed the contract to procure AK-203 assault rifles from which country and how many rifles have been received by the Indian Armed Forces recently?
    A) France; 60,000
    B) Israel; 70,000
    C) Russia; 70,000
    D) United States; 60,000
    View answer
    Option C
    Explanation:
    Russia delivered all the contracted 70,000 AK-203 Kalashnikov assault rifles to the Indian Armed Forces on January 25, 2022. The Indian Armed Forces had placed an order for 670,000 rifles, for which the contract was signed on December 06, 2021 between India and Kalashnikov (Russian defense manufacturing unit).
  10. The joint maritime exercise Paschim Lehar (XPL-2022) was recently conducted by which naval command?
    A) Western Naval Command
    B) Eastern Naval Command
    C) Southern Naval Command
    D) All the above three naval commands
    View answer
    Option A
    Explanation:
    Western Naval Command of the Indian Navy conducted a joint maritime exercise Paschim Lehar (XPL-2022) off the West Coast which concluded on January 25, 2022. The exercise continued for 20 days and was conducted with an aim to enhance Inter-Service synergy among the Indian Navy, IAF, Indian Army and Coast Guard. 
  11. Which day is observed as the International Holocaust Remembrance Day every year?
    A) 26 January
    B) 27 January
    C) 28 January
    D) 25 January
    View answer
    Option B
    Explanation: International Day of Commemoration in memory of the victims of the Holocaust (International Holocaust Remembrance Day) is observed on 27 January every year since 2006.
  12. Tata Group has topped from India as the most valuable brand in Brand Finance 2022 Global 500 report. What is the global rank of the brand?
    A) 65
    B) 82
    C) 78
    D) 91
    View answer
    Option C
    Explanation:
    The Indian conglomerate Tata Group emerged as the most valuable brand from India and also in South Asia. It is only brand from the country in the top 100. Global Rank – 78; Brand value – US$23.9 billion.
  13. Three countries have jointly topped the Corruption Perceptions Index (CPI) 2021 released by the Transparency International. Which of these country is not among them?
    A) New Zealand
    B) Finland
    C) Denmark
    D) Norway
    View answer
    Option D
    Explanation:
    The ranking has been topped jointly by three countries- Denmark, Finland and New Zealand. (Score of 88) This ranking measures how corrupt each country’s public sector is perceived to be. The results are given on a scale of 0 (highly corrupt) to 100 (very clean).
  14. How many Gallantry awards have been conferred by the President of India in 2022?
    A) 400
    B) 190
    C) 221
    D) 384
    View answer
    Option D
    Explanation:The President of India Shri Ram Nath Kovind has approved 384 Gallantry awards to Armed Forces personnel and others on the eve of 73rd Republic Day celebrations, on January 25, 2022.
  15. The theme for the International Holocaust Remembrance Day 2022 is __________
    A) Memory, Dignity and Justice
    B) Remembrance and Beyond
    C) Holocaust Education and Remembrance for Global Justice
    D) Facing the Aftermath: Recovery and Reconstitution after the Holocaust
    View answer
    Option A
    Explanation: The theme of the International Holocaust Remembrance Day 2022 is  “Memory, Dignity and Justice”

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