Important Current Affairs Quiz for Bank Mains Exams 2022- 24th June

Q1. Which insurance company has joined the UN-backed Principles for Responsible Investment (PRI), demonstrating its commitment to long-term value creation and sustainable growth?
(a) Tata AIG
(b) HDFC Life
(c) Life Insurance Company
(d) SBI Life
(e) None of the above

Q2. HDFC Securities has launched a Robo-advisory investment platform that will offer mutual fund schemes and other financial products without the need of a Demat account. What is the name of this Robo?
(a) HDFC Advice
(b) HDFC Invest
(c) HDFC Money
(d) HDFC Tech
(e) None of the above

Q3. Which of the following company becomes the world’s most valuable company replacing Apple Inc.?
(a) Microsoft
(b) Amazon
(c) Tesla
(d) Saudi Aramco
(e) None of the above

Q4. The DGCA (Directorate General of Civil Aviation) has granted air operator’s permit to which company to allow the airline to restart commercial flight operations after remaining grounded for more than three years?
(a) Kingfisher
(b) Spice Jet
(c) Air Vistara
(d) Jet Airways
(e) None of the above

Q5. India got its which numbered unicorn when neobanking fintech portal, “Open”, raised fresh capital to push up its value to over a billion dollars?
(a) 100th
(b) 50th
(c) 250th
(d) 500th
(e) None of the above

Q6. Which company has announced the launch of its financial literacy campaign, ‘InspiHE₹– enabling an empowered future, a special effort to propagate financial awareness among women as well as allow people to make good investment decisions for a stable future?
(a) HDFC
(b) Paytm
(c) Bharti AXA Life Insurance
(d) State Bank of India
(e) None of the above

Q7. Which insurance company has launched “Bima Ratna” – a non-linked, non-participating, individual, savings life insurance plan?
(a) HDFC Life
(b) Life Insurance Corporation of India
(c) Bharti-AXA Life insurance
(d) SBI Life
(e) None of the above

Q8. Which group is set to acquire swiss multinational company Holcim’s stake in Indian companies Ambuja Cements and its subsidiary ACC for $10.5 bn?
(a) Adani Group
(b) Tata Group
(c) Reliance Group
(d) Hiranandani Group
(e) None of the above

Q9. Which of the following company has become the first gas producer to sell domestic gas on the Indian Gas Exchange?
(a) ONGC
(b) Indian Oil
(c) BPCL
(d) Gujarat Gas
(e) None of the above

Q10. India Post Payments Bank (IPPB), Department of Post (DoP), and Ministry of Communication have introduced issuer charges for the Aadhaar Enabled Payment System (AePS). The charges will be effective from which of the dates?
(a) 31 December 2022
(b) 2 October 2022
(c) 1 April 2023
(d) 15 June 2022
(e) None of the above

Solutions

S1. Ans(b)
Sol. HDFC Life has joined the UN-backed Principles for Responsible Investment (PRI), demonstrating its commitment to long-term value creation and sustainable growth.

S2.Ans (c)
Sol. HDFC Securities has launched “HDFC Money”, a Robo-advisory investment platform that will offer mutual fund schemes and other financial products without the need of a Demat account.

S3. Ans(d)
Sol. Oil giant Saudi Aramco has dethroned Apple Inc. to become the world’s most valuable company, underscoring the recent surge in oil prices that have boosted the energy giant this year.

S4.Ans (d)
Sol. The DGCA (Directorate General of Civil Aviation) has granted air operator’s permit to Jet Airways. This will allow the airline to restart commercial flight operations after remaining grounded for more than three years.

S5. Ans(a)
Sol. India got its 100th unicorn when neobanking fintech portal, “Open”, raised fresh capital to push up its value to over a billion dollars.

S6. Ans(c)
Sol. Bharti AXA Life Insurance announced the launch of its financial literacy campaign, ‘InspiHE₹– enabling an empowered future, a special effort to propagate financial awareness.

S7. Ans(b)
Sol. The Life Insurance Corporation of India (LIC), India’s largest insurer, has launched “Bima Ratna” – a non-linked, non-participating, individual, savings life insurance plan.

S8. Ans(a)
Sol. Adani Group which belongs to Gautam Adani is set to acquire swiss multinational company Holcim’s stake in Indian companies Ambuja Cements and its subsidiary ACC for $10.5 bn.

S9. Ans(a)
Sol. The state-owned Oil and Natural Gas Corporation (ONGC) has become the first gas producer to sell domestic gas on the Indian Gas Exchange.

S10. Ans(d)
Sol. AePS Issuer transaction charges will be in effect from June 15, 2022.