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 Q .
How many million US dollars will the World Bank provide financial assistance to Sri Lanka to pay for the required imports?
A)
USD 500 million dollars
B)
USD 600 million dollars
C)
USD 780 million dollars
D)
USD 950 million dollars

Correct Answer : Option (B) - USD 600 million dollars

Note :

* The World Bank will provide financial assistance to Sri Lanka of USD 600 million dollars to meet the payment requirements for essential imports.
 
* Sri Lanka has also talked with the International Monetary Fund (IMF) for financial assistance, but the country needs 3 to 4 billion dollars in bridge financing to help meet its essential expenses.
 
* India has helped Sri Lanka by assisting with 1.9 billion dollars. Sri Lanka's Finance Minister Ali Sabry said Colombo would also seek assistance from the Asian Development Bank..

Source : News On Air

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Published On : April 27, 2022
Category : Banking
 Q .
In Which position is India having largest spender on the military in the world?
A)
2nd Position
B)
3rd Position
C)
4th Position
D)
5th Position

Correct Answer : Option (B) - 3rd Position

Note :

* According to the Stockholm International Peace Research Institute (SIPRI), India's military expenditure is the third highest in the world behind the US and China.

* Military spending in India is amounting to $76.6 billion in 2021 which grew by 0.9% from 2020.

* Russia has also increased its military expenditure for the third consecutive year.

* "The five largest military spenders in 2021 were the United States, China, India, the United Kingdom and Russia, which together accounted for 62 per cent of world military spending. The USA and China alone accounted for 52 per cent," it mentioned.

Source : Business Standard

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Published On : April 27, 2022
Category : Defence
 Q .
Defence Acquisition Procedure _______ amended to promote Make in India.
A)
2019
B)
2020
C)
2021
D)
2022

Correct Answer : Option (A) - 2020

Note :

To promote Make in India initiative in defence the Defence Acquisition Procedure (DAP) 2020 has been amended based on the approvals accorded by Defence Acquisition Council (DAC).

Import of defence equipment has to be undertaken with specific approval of DAC/Raksha Mantri.

The defence ministry also cut the waiting time for projects under the iDEX framework.

The timelines in the Make-II procedure will be reduced to 101-109 weeks from 122-180 weeks..

Source : PIB

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Published On : April 27, 2022
Category : Defence
 Q .
When will the Khelo India Youth Games 2021 be held in Haryana?
A)
1st June 2022
B)
2nd June 2022
C)
3rd June 2022
D)
4th June 2022

Correct Answer : Option (D) - 4th June 2022

Note :

* Youth Affairs and Sports Minister Anurag Thakur have announced the official dates (from 4th June  2022 to 13th June 2022) of the Khelo India Youth Games 2021 in a virtual interaction with Haryana Chief Minister "Manohar Lal".
 
* The mascot and logo of the Khelo India Youth Games will be launched on the 8th of May in Panchkula, Haryana.
 
* The games will be held in Shahbad, Ambala, Chandigarh and Delhi apart from Panchkula.

Source : News On Air

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Published On : April 27, 2022
Category : Sports
 Q .
Which country has become the first one to suspend the Covid-19 vaccination programme?
A)
Japan
B)
Denmark
C)
Poland
D)
Sweden

Correct Answer : Option (B) - Denmark

Note : Denmark has become the first country in the world to suspend the COVID-19 vaccination programme. Danish Health Authority said that the epidemic has been brought under control and that the country was in a "good position". Denmark's health officials stated that the invitations for vaccinations would no longer be issued after May 15th.

  Show Answer
Published On : April 27, 2022
Category : Diseases
 Q .
How much discount will LIC policyholders get in LIC IPO?
A)
Rs 20
B)
Rs 40
C)
Rs 60
D)
Rs 80

Correct Answer : Option (C) - Rs 60

Note : The mega LIC IPO Price Band has been fixed at Rs 902-949 per share with Rs 60 discount per share for policyholders and a Rs 40 discount per share for retail investors and employees. LIC is looking to raise close to Rs 21000 crore at the upper end of the price band. 

  Show Answer
Published On : April 27, 2022
Category : Insurance and Finance
 Q .
The first known human case of H3N8 bird flu has been reported in which country?
A)
China
B)
Japan
C)
India
D)
South Korea

Correct Answer : Option (A) - China

Note : China has reported the first known human case of the H3N8 strain of avian flu in a 4-year-old boy living in the Central Henan province of China. The Chinese health authorities have, however, said that there is a low risk of widespread transmission among the people.

  Show Answer
Published On : April 27, 2022
Category : Diseases
 Q .
Who has won the Menorca Open chess tournament 2022?
A)
Magnus Carlsen
B)
Alireza Firouzja
C)
D Gukesh
D)
Rameshbabu Praggnanandhaa

Correct Answer : Option (C) - D Gukesh

Note :

Teenage Indian Grandmaster "D Gukesh" won the Menorca Open chess tournament, his second title win in as many weeks, on Sunday(24th April 2022).
 
Indian players dominated, taking seven spots in the top 10 with Aryan Chopra finishing runner-up.
 
The 15-year old GM scored six points from seven rounds to clinch first place and earned 1,600 Euros as prize money. Gukesh defeated fellow Indian B Adhiban in the seventh and final round to cap an impressive performance during which he remained undefeated.
 
Gukesh also gained 13.4 ELO points and climbed into the top 80 of the world rankings.
 
India's Aryan Chopra finished second with 5.5 points while Armenia's Shant Sargsyan took the third place. Haik M Matrirosyan (Armenia) bagged the fourth spot with the same number of points but due to an inferior tie-break score.

Source : India TV News

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Published On : April 26, 2022
Category : Sports
 Q .
Who becomes the only country among top 10 steel growth in Jan-Mar' 2022?
A)
Pakistan
B)
India
C)
Israel
D)
Germany

Correct Answer : Option (B) - India

Note :

Union Steel Minister Ram Chandra Prasad Singh congratulated Indian steel industry for sterling performance at a global level and encouraged them to sustain this level of performance in the year 2022.
 
"Such momentum of production will help India reach the targeted level of 500 million tonne production capacity in the next 25 years of Amritkaal," he added.
 
As per the data released by World Steel Association (WSA) on 22nd April 2022, India is the only country among top 10 steel producing nations of the world, which has registered growth in steel production in January to March 2022 period, as compared to corresponding period last year.
 
India has produced 31.9 million tonne of steel in the period with a growth of 5.9 per cent. In March 2022, with a production of 10.9 million tonnes of steel in India, the growth rate is 4.4 per cent.  Brazil is the only other country among top 10 nations which has registered growth in the month of March.
 
Steel Minister held separate meetings with public sector and private sector steel companies earlier this week and reviewed their capital expenditure, production targets and future plans. He exhorted them to keep in mind the carbon neutral commitment of India by 2070, hydrogen mission and clean and green steel while making strategic plans for the future.
 
Representatives of steel industry thanked the leadership and officials of Steel Ministry for the continuous guidance and support that they have been getting..

Source : Business World

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Published On : April 26, 2022
Category : Business and Economics
 Q .
Who is Reconstituted its Advisory Committee on Market Data?
A)
RBI
B)
NSDL
C)
SEBI
D)
IRDA

Correct Answer : Option (C) - SEBI

Note :

* SEBI has restructured the advisory committee on market data that recommends policy measures pertaining to areas like securities market data access and privacy.

* The committee is headed by M S Sahoo (Professor at National Law University, Delhi and former chairperson, Insolvency and Bankruptcy Board of India (IBBI)).

* The panel will now have 21 members.

* Nithin Kamath; Ranjit Pawar; Sreekanth Nadella; Suhas Tuljapurkar are also included in the committee.

Source : Business Standard

  Show Answer
Published On : April 26, 2022
Category : Business and Economics
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