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January 2022 Weekly Current Affair - 1 with solutions Attempt Free MCQ


MCQ Practice Test & Solutions: Test: January 2022 Weekly Current Affair - 1 (25 Questions)

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Test Highlights:

  • - Format: Multiple Choice Questions (MCQ)
  • - Duration: 25 minutes
  • - Number of Questions: 25

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Test: January 2022 Weekly Current Affair - 1 - Question 1

Recently Centre approved how much amount of Additional Central Assistance to six states for measures relating to national calamities?

Detailed Solution: Question 1

A High Level Committee under the chairmanship of Home Minister Amit Shah has approved over 3,063 crore rupees of Additional Central Assistance to six states.

Test: January 2022 Weekly Current Affair - 1 - Question 2

Recently RBI announced deadline for periodic KYC update to which month and year?

Detailed Solution: Question 2

RBI has announced that it has extended the deadline for periodic KYC update by 3 months tillMarch 31, 2022.

Test: January 2022 Weekly Current Affair - 1 - Question 3

Recently Ross Taylor retired from Which sports?

Detailed Solution: Question 3

Veteran New Zealand batter Ross Taylor confirmed that he will retire from international cricket after the two-Test series against Bangladesh and the ODI against Australia and the Netherlands in February and March.

Test: January 2022 Weekly Current Affair - 1 - Question 4

How much amount was released by the central government to Odisha to expedite the implementation of Jal Jeevan Mission in the state? 

Detailed Solution: Question 4

Centre has released over 830 crore rupees to Odisha to expedite the implementation of Jal Jeevan Mission in the state. Jal Shakti Ministry said, Odisha has planned to become Har Ghar Jal State in 2024.

Test: January 2022 Weekly Current Affair - 1 - Question 5

What is the annual interest rate under Public Provident Fund for the 4th quarter of 2021-22?

Detailed Solution: Question 5

Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to carry an annual interest rate of 7.1 per cent and 6.8 per cent, respectively.
One-year term deposit scheme will continue to earn an interest rate of 5.5 per cent, while the girl child savings scheme Sukanya Samriddhi Yojana account will earn 7.6 per cent.
The interest rate on the five-year senior citizens savings scheme would be retained at 7.4 per cent. The interest on the senior citizens’ scheme is paid quarterly.
Interest rate on savings deposits will continue to be 4 per cent per annum.
Term deposits of one to five years will fetch interest rate in the range of 5.5-6.7 per cent, to be paid quarterly, while the interest rate on five-year recurring deposits will earn a higher interest of 5.8 per cent.

Test: January 2022 Weekly Current Affair - 1 - Question 6

Who has been appointed as the new Chairman and Chief Executive Officer of Railway Board? 

Detailed Solution: Question 6

Vinay Kumar Tripathi has been appointed as new Chairman and Chief Executive Officer of Railway Board. Succeeds Suneet Sharma.

Test: January 2022 Weekly Current Affair - 1 - Question 7

Who has been appointed as the head of the Committee set up the oil ministry to draw up an energy transition roadmap for the oil and gas sector that could prove to be a key step on India’s path to net-zero emissions by 2070? 

Detailed Solution: Question 7

The oil ministry has set up the Energy Transition Advisory Committee headed by former petroleum secretary Tarun Kapoor, who demitted office in November, to draft the strategy.

Test: January 2022 Weekly Current Affair - 1 - Question 8

Who will head the panel restructured by SEBI on market data that recommends policy measures pertaining to areas like securities market data access and privacy? 

Detailed Solution: Question 8

SEBI has restructured its advisory committee on market data that recommends policy measures pertaining to areas like securities market data access and privacy. Rejigging its market data advisory committee, Sebi has said the panel will now be chaired by S Sahoo. The 20-member committee was earlier headed by Madhabi Puri Buch, ex-whole time member of Sebi.

Test: January 2022 Weekly Current Affair - 1 - Question 9

Ray Illingworth, former cricketer of which country passed away recently? 

Detailed Solution: Question 9

Ray Illingworth, a former England cricket captain, has died. He was 89.

Test: January 2022 Weekly Current Affair - 1 - Question 10

Abdalla Hamdok, prime minister of which country resigned amid political deadlock? 

Detailed Solution: Question 10

Sudan’s prime minister Abdalla Hamdok says he has resigned amid political deadlock following a military coup that derailed the country’s fragile transition

Test: January 2022 Weekly Current Affair - 1 - Question 11

The compound annual growth rate of digital transaction has gone up by what percent? 

Detailed Solution: Question 11

Government has said that the compound annual growth rate of digital transaction has gone up by fifty per cent. Electronics and Information Technology Ministry said, the number of digital transactions has increased from one thousand 85 crore rupees in 2016-17 to five thousand 554 crore in 2020-21.

Test: January 2022 Weekly Current Affair - 1 - Question 12

Which country could go bankrupt by 2022 with record-high inflation? 

Detailed Solution: Question 12

Sri Lanka is facing a deepening financial and humanitarian crisis with fears it could go bankrupt in 2022 as inflation rises to record levels, food prices rocket and its coffers run dry.

Test: January 2022 Weekly Current Affair - 1 - Question 13

Which company acquired Allyis India Pvt Ltd and Green Investments LLC, holding company for Allyis Group? 

Detailed Solution: Question 13

It major Tech Mahindra announced that the company and its wholly-owned subsidiary viz.,Tech Mahindra (Americas) Inc. has approved the proposal to acquire 100 per cent equity shares in Allyis India Pvt Ltd and Green Investments LLC, holding company for Allyis Group, respectively.

Test: January 2022 Weekly Current Affair - 1 - Question 14

The cental government has decided to retain how much annual income criteria for candidates of Economic Weaker Sections for NEET-PG counselling? 

Detailed Solution: Question 14

The Centre has told Supreme Court that it has decided to retain the existing 8 lakh rupees annual income criteria for candidates of Economic Weaker Sections for NEET-PG counselling.

Test: January 2022 Weekly Current Affair - 1 - Question 15

Vijay Galani who passed away was related to which field? 

Detailed Solution: Question 15

Hindi film producer Vijay Galani passed away in London due to organ failure.He was in his late 50s.

Test: January 2022 Weekly Current Affair - 1 - Question 16

Which state has become first in the country to become smoke-free state? 

Detailed Solution: Question 16

Ujjwala and Himachal Grihini Suvidha scheme of Centre and State government prove boon for the people of the state and making Himachal Pradesh the first state in the country to become a smoke-free state.

Test: January 2022 Weekly Current Affair - 1 - Question 17

Who has been appointed as the Director General of National Mission for Clean Ganga, Ministry of Jal Shakti? 

Detailed Solution: Question 17

Senior IAS officer, G Asok Kumar posted as additional secretary, Union ministry of Jal Shakti assumed the charge as Director General of National Mission for Clean Ganga, Ministry of Jal Shakti.

Test: January 2022 Weekly Current Affair - 1 - Question 18

Where did Azure Power commissioned a 600 MW solar power project said to be India s largest solar power project, owned and operated at a single location by any developer? 

Detailed Solution: Question 18

Azure Power said it has commissioned a 600 MW solar power project in Bikaner. This is the largest solar power project in India, owned and operated at a single location by any developer, it claimed.

Test: January 2022 Weekly Current Affair - 1 - Question 19

Which district in Odisha has declared itself a child marriage free district, the first in the State? 

Detailed Solution: Question 19

Odisha’s Ganjam has declared itself a child marriage free district, the first in the State.

Test: January 2022 Weekly Current Affair - 1 - Question 20

Which of the following partnered with the United Nations World Food Programme (WFP) to enhance the effectiveness of the Pradhan Mantri Poshan Shakti Nirman (formerly mid-day meal scheme)? 

Detailed Solution: Question 20

The Akshaya Patra Foundation (TAPF) and the United Nations World Food Programme (WFP) in India have entered into a partnership to enhance the effectiveness of the Pradhan Mantri Poshan Shakti Nirman (formerly mid-day meal scheme).

Test: January 2022 Weekly Current Affair - 1 - Question 21

Hughes Communications India Private Ltd joined with which of the following to provide satellite broadband services in India? 

Detailed Solution: Question 21

Hughes Communications India Private Ltd and Bharti Airtel have formed a joint venture to provide satellite broadband services in India, the companies said.

Test: January 2022 Weekly Current Affair - 1 - Question 22

In January 2022, RBI cancelled the authorisation certificates of Muthoot Vehicle and Asset Finance Ltd and which other payment operator for non-compliance with regulatory requirements? 

Detailed Solution: Question 22

Reserve Bank of India (RBI) has cancelled the authorisation certificates of Muthoot Vehicle and Asset Finance Ltd and Eko India Financial Services Private Ltd for non-compliance with regulatory requirements.

Test: January 2022 Weekly Current Affair - 1 - Question 23

India s exports surged what percent to record USD 37.29 bn in December 2021? 

Detailed Solution: Question 23

The country s exports in December 2021 surged 37 per cent on an annual basis to USD 37.29 billion, the highest-ever monthly figure, on the back of healthy performance by 1sectors like engineering, textiles and chemicals, even as the trade deficit widened to USD 21.99 billion.

Test: January 2022 Weekly Current Affair - 1 - Question 24

In January 2022, which bank received approval from the Reserve Bank of India for commencing international remittance business under the Money Transfer Service Scheme (MTSS)? 

Detailed Solution: Question 24

Fino Payments Bank has received the Reserve Bank of India’s approval for commencing international remittance business under the Money Transfer Service Scheme (MTSS).

Test: January 2022 Weekly Current Affair - 1 - Question 25

A 100-day reading campaign named what has been launched nationwide emphasizing the promotion of joyful reading culture for children? 

Detailed Solution: Question 25

Education Minister Dharmendra Pradhan launched a nationwide 100-day reading campaign – Padhe Bharat. The Campaign is in alignment with the National Education Policy (NEP)-2020 which emphasizes the promotion of joyful reading culture for children by ensuring the availability of age-appropriate reading books for children in their mother tongue, regional and local languages.

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