Current Affairs - 2022

Which company has launched India's first auto ETF 2022?

Axis Mutual Fund

Baroda Mutual Fund

Nippon India Mutual Fund

Aditya Birla Sun Life Mutual Fund

Correct Answer : Nippon India Mutual Fund

Nippon Life India Asset Management Limited (NAM India) asset manager of Nippon India Mutual Fund (NIMF) announce a new fund offer (NFO) for Nippon India Nifty Auto ETF, India’s First Auto sector ETF. The NFO opens on January 5, 2022, and closes on January 14, 2022. The minimum investment amount required is Rs 1,000 and in multiples of Re 1 thereafter.

The Nippon India Nifty Auto ETF is an open-ended scheme that tracks the Nifty Auto Index. The ETF will predominantly invest in stocks comprising of the Nifty Auto Index in the same proportion as the index. It will provide exposure to top 15 (as per Nifty Auto Index methodology) companies representing auto-related sectors like Automobiles 4 wheelers, Automobiles 2 & 3 wheelers, auto ancillaries, and tyres.

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Recently Updated Current Affairs

Q .

Which state/UT had the highest percentage of women electors in the 2024 Lok Sabha Elections?

Kerala

Tamil Nadu

Puducherry

Andhra Pradesh

Correct Answer : Puducherry

* Puducherry led the nation with 53.03% women electors in the 2024 Lok Sabha Elections, making it the state/UT with the highest percentage of women electors.

* This significant milestone highlights the territory's efforts towards promoting inclusivity and gender equality in the electoral process.

* The achievement is particularly notable, considering the overall increase in female electors and their participation in the elections.

Published On : December 31, 2024

Q .

Which country's parliament impeached Acting President Han Duck-soo on December 27, 2024?

Laos

Japan

Thailand

South Korea

Correct Answer : South Korea

* South Korea's parliament impeached Acting President Han Duck-soo on December 27, 2024, amid growing dissatisfaction over his refusal to appoint three judges to the Constitutional Court.

* This event followed the impeachment of President Yoon Suk Yeol on December 14, 2024, after he briefly imposed martial law.

* The impeachment of Han marked a historic moment as it was the first time an acting president in South Korea was impeached.

* The political crisis significantly impacted the country, contributing to economic instability, with the Korean won reaching its lowest value in nearly 16 years.