MOST ASKED CURRENT AFFAIR QUESTIONS WITH ANSWERS 2022 1.Under RBI’s new directives, what is the minimum initial capital required to set up a new universal bank? A. Rs 500 crore B. Rs 700 crore C. Rs 1000 crore D. Rs 800 crore Answer: Option C Explanation: The initial paid-up voting equity share capital/ net worth required to set up a new universal bank has been increased to Rs 1000 crore (from present Rs 500 crore). 2.Sananta Tanty who has passed away was a Sahitya Akademi Award-winning Indian poet of which literature? A. Malayalam B. Assamese C. Bengali D. Marathi Answer: Option B Explanation: Sahitya Akademi Award-winning Indian poet of Assamese literature Sananta Tanty has passed away after a prolonged illness. 3.INS Vela has been commissioned at which place by the Indian Navy? A. Naval Dockyard, Mumbai B. Hindustan Shipyard Limited, Visakhapatnam C. Jawaharlal Nehru Port Trust D. Goa Shipyard Limited Answer: Option A Explanation: The Indian Navy formally commissioned the fourth Scorpene-class submarine INS Vela at the Naval Dockyard in Mumbai. 4.Which bank has partnered with NPCI to launch Rupay Credit Cards ‘Veer’ for Armed Forces? A. ICICI Bank B. Kotak Mahindra Bank C. Yes Bank D. Axis Bank Answer: Option B Explanation: Kotak Mahindra Bank partnered with NPCI to launch Rupay Credit Cards ‘Veer’ for Armed Forces. 5.Which Indian state has topped the Public Affairs Index (PAI 2021)? A. Kerala B. Tamil Nadu C. Telangana D. Gujarat Answer: Option A Explanation: In this year’s Public Affairs Index (PAI 2021), Kerala, Tamil Nadu and Telangana have taken the top three positions, among the 18 large states in governance performance. 6.Microsoft has taken over which company to become the largest company by market cap? A. Apple B. Google C. Intel D. Adobe Answer: Option A 7.Explanation: Microsoft Corp. has surpassed Apple Inc. to become the world’s most valuable publiclytraded company by market capitalisation. Which one is the name of the first global hackathon launched by RBI? A. DEVELOPER 2021 B. BLOCKCHAIN 2021 C. HARBINGER 2021 D. BANKING 2021 Answer: Option C Explanation: The Reserve Bank of India has launched its first global hackathon named “HARBINGER 2021 – Innovation for Transformation”. 8.IBM Corporation has launched a client innovation centre in which city? A. Aurangabad B. Mysuru C. Dehradun D. Bhopal Answer: Option B Explanation: IBM Corp. launched a client innovation centre in Mysuru with support from the Karnataka Digital Economy Mission (KDEM). 9.Which state has been emerged as the best-performing state in the Global Drug Policy Index which was released by the Harm Reduction Consortium in November 2021? A. Tripura B. Kerala C. Karnataka D. Gujarat Answer: Option D Explanation: In the index, Gujarat, Haryana and Punjab emerged as the best performing states for the mobility of goods and efficiency of the logistics chain. 10.Hase art, a unique painting style is a traditional art practised in which Indian state? A. West Bengal B. Kerala C. Karnataka D. Andhra Pradesh Answer: Option C Explanation: Hase art is a unique painting style practised by the Devaru community residing in Shivamogga district and Uttara Kannada in Karnataka. 11.Who is the top-ranked Indian batsman on ICC T20I Batting Rankings? A. Virat Kohli B. KL Rahul C. Rohit Sharma D. Shikhar Dhawan Answer: Option B Explanation: Indian batsman KL Rahul moved up three places to be ranked 5th, while skipper Virat Kohli dropped four places to the eighth rank in the latest ICC men’s T20I Batting Rankings released on November 10, 2021. 12.Which Union Ministry is set to launch the “Nutrition Smart Village” initiative? A. Ministry of Women and Child Development B. Ministry of Agriculture and Farmers Welfare C. Ministry of Rural Development D. Ministry of Food Processing industries Answer: Option B Explanation: Ministry of Agriculture and Farmers Welfare is set to launch a programme on “Nutrition Smart Village” to strengthen the Poshan Abhiyan. This scheme is a part of Azadi Ka Amrit Mahotsav. 13.Which of the following companies has launched World’s 1st Merchant Shareholding Program (MSP) for its merchant partners? A.PHONE PAY B. Amazon Pay C. Google Pay D. BharatPe Answer: Option D Explanation: BharatPe launched the World’s 1st Merchant Shareholding Program (MSP) for its merchant partners. 14.Moirang, often mentioned in news, is located at which place? A. Nagaland B. Manipur C. Himachal Pradesh D. Sikkim Answer: Option B Explanation: The Union Minister of Textiles Piyush Goyal announced that the Ministry of Textiles has decided to set up a Handloom Village at Moirang of Manipur. 15.India’s first fisheries business incubator- ‘LINAC- NCDC Fisheries Business Incubation Centre (LlFlC)’ was inaugurated in which city? A. Gurugram B. Vishakhapatnam C. Cochin D. Gandhinagar Answer: Option A Explanation: Union Minister of Fisheries, Animal Husbandry and Dairying, Parshottam Rupala inaugurated India’s first-of-its-kind, dedicated fisheries business incubator known as LINAC- NCDC Fisheries Business Incubation Centre (LlFlC) in Gurugram. 16.Ganga Expressway is an ambitious project of which state government? A. Himachal Pradesh B. Uttarakhand C. Uttar Pradesh D. Punjab Answer: Option C Explanation: The Ganga Expressway, an ambitious project of the Uttar Pradesh government, connecting Meerut to Prayagraj district has got environmental clearance. 17.The NEIAFMR which is an autonomous National Institute under the Ministry of AYUSH, is in which state? A. Arunachal Pradesh B. Nagaland C. Assam D. Tripura Answer: Option A Explanation: The Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal has announced the expansion of the North Eastern Institute of Ayurveda and Folk Medicine Research (NEIAFMR) in Pasighat, Arunachal Pradesh by developing new infrastructure within the campus. 18.Which state government has received the State Award for Beryl Thanga for her novel? A. Manipur B. Meghalaya C. Assam D. Jharkhand Answer: Option A Explanation: Novelist Beryl Thanga has received the 12th Manipur State Award for Literature 2020 for his book – E Amadi Adungegi Ithat. 19.Who has been selected for the prestigious Lifetime Achievement Award for 2021 by the Badminton World Federation Council? A. Parupalli Kashyap B. Shrikant Kidambik C. Prakash Padukone D. Pullela Gopichand Answer: Option C Explanation: Indian badminton legend Prakash Padukone has been selected for the prestigious