1. A ‘New Replenishment Mechanism for Flexible Funding’ has been proposed for which organisation?
[A] WHO
[B] NSIL
[C] DRDO
[D] NITI Aayog
Show Answer
Correct Answer: A [WHO]
Notes:
During the 76th World Assembly Health session, WHO member states discussed on a new replenishment mechanism to help the UN body have more flexible funding options.
It will help WHO become more financial independent and function smoothly as the leading global health coordinator. Replenishment contributions would cover work by country offices, regional offices, and headquarters across all strategic priorities, as well as the enabling functions.
2. ‘Srikrishnan Harihara Sarma’ has been appointed as the MD and CEO of which bank?
[A] Yes Bank
[B] IDBI Bank
[C] Karnataka Bank
[D] HDFC Bank
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Correct Answer: C [Karnataka Bank]
Notes:
Karnataka Bank appoints Srikrishnan Harihara Sarma as Managing Director and Chief Executive Officer (MD and CEO).
Sarma has nearly four decades of experience spread across Commercial, Retail, and Transactional Banking, Technology and Payments. He was part of the founding management team at HDFC Bank Ltd for over nine years.
3. India has moved WTO dispute panel over which import duties?
[A] Information and communication technologies (ICT)
[B] Plastic Products
[C] Petroleum Products
[D] Manufactured Goods
Show Answer
Correct Answer: A [Information and communication technologies (ICT)]
Notes:
India has moved WTO dispute panel over Information and communication technologies (ICT) import duties.
The WTO’s apex dispute resolution body, the Appellate Body, hasn’t been functional for nearly two years due to America’s blockage on appointment of judges.
4. Which state/UT launched the ‘Artificial Intelligence for Youth’ initiative?
[A] West Bengal
[B] Odisha
[C] Telangana
[D] Kerala
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Correct Answer: B [Odisha]
Notes:
Odisha Chief Minister Naveen Patnaik launched the ‘Odisha for Artificial Intelligence’ and ‘Artificial Intelligence for Youth’ initiatives.
In the first phase, the initiative will be implemented in Bhubaneswar, Puri and Cuttack. The state government has roped in global technology company Intel for the initiative.
5. Which country has granted approval to include TOEFL test as a valid option for Student Direct Stream program?
[A] China
[B] Canada
[C] Australia
[D] Japan
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Correct Answer: B [Canada]
Notes:
The Immigration, Refugees and Citizenship Canada (IRCC) has granted approval to include TOEFL test scores as a valid option for the Student Direct Stream program in Canada.
The Student Direct Stream (SDS) is a program designed to accelerate the processing of study permit applications for international students intending to enroll in designated learning institutions for post-secondary education in Canada.
6. Which Union Ministry launched the ‘Electronics Repair Services Outsourcing (ERSO)’?
[A] Ministry of Electronics & IT
[B] Ministry of MSME
[C] Ministry of Commerce and Industry
[D] Ministry of Science and Technology
Show Answer
Correct Answer: A [Ministry of Electronics & IT]
Notes:
Ministry of Electronics & IT launched pilot project on Electronics Repair Services Outsourcing (ERSO).
Revenue potential from outsourced repair likely to be USD 20 billion in next 5 years and also generate millions of jobs. The pilot is being held in Bengaluru and will be run for a period of three months.
7. Which institution has conceptualized ‘Lightweight Payments System’?
[A] NPCI
[B] RBI
[C] NASSCOM
[D] NITI Aayog
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Correct Answer: B [RBI]
Notes:
The Reserve Bank of India has conceptualized a lightweight payment and settlements system that operates independently of conventional technologies, ensuring uninterrupted transactions in extreme situations.
It can be operated from anywhere is minimum staff during times of war or natural calamities.
8. Which country introduced a category-based selection for Express Entry immigration management program?
[A] USA
[B] Canada
[C] Australia
[D] UK
Show Answer
Correct Answer: B [Canada]
Notes:
Canada has introduced a new category-based selection system for its economic immigration management program, Express Entry.
This year, priority will be given to candidates with a high proficiency in French or work experience in fields such as healthcare, STEM professions, trades, transport, and agriculture/agri-food.
9. NTPC Green Energy Limited signed MoU with which state to collaborate in the development of Renewable Energy projects?
[A] Assam
[B] Uttar Pradesh
[C] Rajasthan
[D] Gujarat
Show Answer
Correct Answer: B [Uttar Pradesh]
Notes:
An MoU was signed recently by the NTPC Green Energy Limited (NGEL) and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) to collaborate in the development of Renewable Energy Parks and Projects.
This MoU also seeks to facilitate renewable energy transition in India. NTPC is India’s largest Power Utility, with a total installed capacity of about 72 GW.
10. Which institution released ‘Additional Disclosure Norms for “High-Risk” FPIs’?
[A] RBI
[B] SEBI
[C] IRDAI
[D] PFRDA
Show Answer
Correct Answer: B [SEBI]
Notes:
Capital Market Regulator- SEBI recently proposed mandatory additional disclosure norms from high-risk foreign portfolio investors (FPIs).
This will help increase protection for investors and create trust and transparency in securities market.
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