Current Affairs Quiz April 2022

Explanation:-

The transaction comprises sale of consumer business of Citibank India, which includes credit cards, retail banking, wealth management and consumer loans, Axis Bank stated. The deal also includes sale of consumer business of Citi’s non-banking financial company, Citicorp Finance (India) Limited, comprising the asset-backed financing business, which includes commercial vehicle and construction equipment loans, as well as personal loans portfolio.

Post the acquisition of approximately 30 lakh unique customers of Citibank India, Axis Bank will have approximately 2.85 crore savings accounts, over 2.3 lakh Burgundy customers and 1.06 crore cards.

Further, the acquired portfolio would increase Axis Bank’s credit card customer base by approximately 31 per cent with an additional 25 lakh cards, which will in turn bolster the bank’s cards balance sheet position to be amongst the top three players in the Indian market, the lender added. It also said that the wealth and private banking portfolio will add great value to the Axis Burgundy business.

Explanation:-

‘Mes Aynak site’ and ‘Buddhas of Bamiyan’ are located in Afghanistan. The Taliban regime in Afghanistan has announced that it would protect the ancient Buddha statues in Mes Aynak. It is also a copper mine site, where the Taliban are hoping for Chinese investment. When Talibans ruled Afghanistan, they destructed the centuries-old Buddha statues in Bamiyan using artillery, explosives, and rockets. UNESCO included the remains of the Bamiyan Buddhas in its list of world heritage sites in 2003.

Explanation:-

Jal Shakti Minister Gajendra Singh Shekhawat has launched the Digital Dashboard for District Ganga Committees Performance Monitoring System. In his address, Mr. Shekhawat stated that the Digital Dashboard launched will help the District Ganga Committees DGCs in enhancing people-river connect. Pointing out that some DGCs are not conducting regular meeting, he urged the District Magistrates to make sure that Ganga cleaning becomes a priority and under the chairmanship of District Magistrates cleanliness in River Ganga is ensured.

Explanation:-

The Punjab Mandi Board has started sending ‘digital form J’ to the farmers from this Rabi procurement season ‘J form’ is the sale receipt of a farmer’s agricultural produce in mandis (grain market). These forms were earlier issued manually by the Commission agents. This move aims to bring transparency as well as empowering farmers and make Punjab the first state in the country to provide digitised form J in real time.

Explanation:-

Australia beat England by 71 runs in the finals to claim their seventh Women’s World Cup on April 03, 2022, at Hagley Oval in Christchurch, New Zealand. Australia posted a record of 356 on the board. In reply, Nat Sciver waged a lone battle and remained unbeaten on 148 but it was not enough as England was bowled out for 285 in 43.4 overs.

Alyssa Healy of Australia scored 170 runs in the match, the highest individual score made by any cricketer, male or female, in the World Cup Final. She was also the leading run-scorer in the tournament with 509 runs.

Explanation:-

Tata group launched possibly India’s first super app, Tata Neu, that brings together grocery-to-hotel-to-airline ticket booking and medicine on a single platform, rivalling similar products from Amazon and Walmart’s Flipkart.

In a social media post, Tata Sons Chairman N Chandrasekaran said Tata Neu combines the traditional consumer-first approach of the group with the modern ethos of technology.

Explanation:-

Lok Sabha on Wednesday passed a bill to merge three municipal corporations of Delhi into a single entity.
The Delhi Municipal Corporation (Amendment) Bill seeks to unify the three municipal corporations into a single, integrated and well equipped entity to ensure a robust mechanism for synergized and strategic planning and optimal utilization of resources, Home Minister Amit Shah said.

Explanation:-

VARUNA series of exercises continue to provide both the navies opportunities to learn from each other’s best practices. The exercise has been a principal driver for operational-level interactions between the two navies and has underscored the shared commitment of both nations to security, safety and freedom of the global maritime commons.

Explanation:-

IndusInd Bank announced that its flagship mobile application for merchants – ‘Indus Merchant Solutions’ has been awarded the ‘Outstanding Digital CX – SME Payments’ in the recently concluded Digital CX Awards 2022.

The Digital CX Awards, is organised by Digital Banker, a globally trusted financial news service provider that recognises the world’s leading Financial Services Organisations (FSO) that blend the best of technology, and innovation, with the power of their people to provide a superior customer experience and reinvent their industry. This year, the awards received over 600 submissions from 127 marquee FSOs across the globe.

Explanation:-

India has contributed USD 72,124, more than double of last year, to UNESCO fund for elimination of doping in sport.
“…the Government of India, Ministry of Youth Affairs and Sports has released an enhanced contribution of India to UNESCO Fund for Elimination of Doping in Sport to twice the assessed value i.e. USD 72,124 in 2022,” a PIB release said.
“First time in 2021, Government of India, Ministry of Youth Affairs and Sports made contribution of USD 28172 towards the UNESCO Fund on the basis of request received from UNESCO.

Explanation:-

RBI has imposed several restrictions on Bengaluru-based Shushruti Souharda Sahakara Bank Niyamita, following a deterioration in the lender’s financial position.

The restrictions also include a withdrawal cap of Rs 5,000 per account. The directions shall remain in force for a period of six months from the close of business on April 7, 2022, and are subject to review, the Reserve Bank said in a statement.

Explanation:-

The developer of this ship, China Yangtze Power has plans to use this electric ship as the starting point for expanding the marine electric vehicle market in China. The name of the ship is Yangtze River Three Gorges 1 and it is a 100 per cent electric cruise ship that has been developed and built in China. This ship is 16 meters wide and 100 meters long and has the capacity to carry around 1,300 passengers.

Explanation:-

Konkan Railway has recently completed 100 per cent electrification across the zone and it has set new benchmarks for sustainable development. The Konkan Railway has completed the electrification work on its complete 741 km long route between Roha in Maharashtra and Thokur in Karnataka. The cost of this electrification project is Rs 1287 crore.

Explanation:-

India has successfully flight tested Solid Fuel Ducted Ramjet (SFDR) booster, a missile system, at the Integrated Test Range (ITR) in Chandipur off the Odisha coast here.

Defence Research and Development Organisation (DRDO) successfully flight tested Solid Fuel Ducted Ramjet (SFDR) booster at the Integrated Test Range (ITR), Chandipur off the coast of Odisha on April 08, 2022. The test successfully demonstrated the reliable functioning of all critical components involved in the complex missile system and met all the mission objectives, the Defence Research and Development Organisation (DRDO) said.

Explanation:-

The Centre through Agricultural and Processed Food Export Development Authority (APEDA) is facilitating trial shipments into new global markets for Indian niche G-I tagged agricultural products. Bihar’s GI tagged Shahi Litchi was exported from Muzaffarpur district of Bihar to London last year. As on date, there are 417 registered GI products and of them, around 150 GI tagged products are agricultural and food products.

Explanation:-

In Rajasthan, the festival of Gangaur was celebrated today across the state with traditional reverence and gaiety. Women did pray for happiness and prosperity by worshiping Isar-Gaur that is Lord Shiva and Parvati at homes and temples. On this occasion, the royal procession of Gangaur took place after two years due to the COVID pandemic in the capital Jaipur.

Explanation:-

Astrophysicists from Bengaluru have discovered a galaxy with a “ghost-like appearance” that can offer vital clues to one of the long-standing cosmic mysteries – how the visible matter is distributed in the universe.

Three researchers at the Indian Institute of Astrophysics, Bangalore collaborating with a French scientist have discovered a faint but star-forming galaxy, around 136 million light-years away which was so far undetected since it lies in front of a much brighter galaxy.

Explanation:-

Every April 7, the World Health Organization chooses to highlight a special theme current in the wellness and medical world. Ranging from mental health to insurance and everything in between, this day sets the tone for what’s to come in the world stage. This year’s World Health Day will shine a light on nurses and midwives, the on-the-call, restless workforce that revolutionized the healthcare industry as we know it today.

Explanation:-

As per the data from the National Payments Corporation of India (NPCI), the Unified Payments Interface (UPI) crossed the 500-crore mark in terms of volume. In March this year, UPI was close to touching the ₹10-lakh crore milestone in value terms in March this year. There were around 315 banks live on the UPI platform by March this year.

Belgian-Dutch racing driver Max Verstappen won the Saudi Arabian Grand Prix 2022. Max Verstappen won the intense battle with Charles Leclerc to take his first victory of the season. Ferrari’s Carlos Sainz and Red Bull’s Sergio Perez took third and fourth. George Russell finished fifth for Mercedes while ace driver Lewis Hamilton finished at 10th spot.