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March - 2022 Current Affairs
A)
Debashish Panda
B)
Mamta Suri
C)
Sukumar Chandra
D)
Sanjay Kumar Verma

Correct Answer :   Debashish Panda


Government on Friday(11th Mar 2022) appointed Debashish Panda as the new Chairman of the Insurance Regulatory and Development Authority of India (IRDAI). He has been appointed for 3 years.
 
Debashish Panda, a 1987-batch IAS officer of the Uttar Pradesh cadre, was former secretary of the Department of Financial Services in the Ministry of Finance and retired in January 2022.
 
The post of IRDAI chairman was lying vacant since May 2021. Thus, the IRDAI chief has been appointed after almost 10 months.
 
The policy decisions will accelerate after the appointment of new chairman. Also, the changes in third party premium will be approved by the new chairman..

Source : Zeebiz

Published On : March 12, 2022
A)
Dehradun
B)
Gwalior
C)
Gurugram
D)
Chandigarh

Correct Answer :   Gwalior


The Union Civil Aviation Minister Jyotiraditya Scindia and Madhya Pradesh Chief Minister Shivraj Singh Chouhan jointly inaugurated the first drone school in Gwalior, Madhya Pradesh on March 10, 2022.

Published On : March 12, 2022
A)
USD 3.2 billion
B)
USD 2.5 billion
C)
USD 1.8 billion
D)
USD 1.4 billion

Correct Answer :   USD 1.4 billion


The International Monetary Funds(IMF) has approved USD 1.4 billion in emergency financing for Ukraine amid the ongoing war with Russia, the fund said in a statement.
 
"The Executive Board of the International Monetary Fund (IMF) today(10th Mar 2022) approved a disbursement of USD 1.4 billion (SDR 1005,9 million) under the Rapid Financing Instrument (RFI) to help meet urgent financing needs and mitigate the economic impact of the war," Russia's Sputnik News Agency reported citing the statement.
 
On Monday(7th Mar 2022), the World Bank approved a USD 723 million package of loans and grants for Ukraine, providing government budget support amid the all-out conflict with Russia.
 
The international lender approved a supplemental budget support package for Ukraine, called Financing of Recovery from Economic Emergency in Ukraine - or FREE Ukraine - for USD 489 million, the bank said in a statement.
 
"The package approved by the Board consists of a supplemental loan for USD 350 million and guarantees in the amount of USD 139 million and is also mobilizing grant financing of USD 134 million and parallel financing of USD 100 million, resulting in total mobilized support of USD 723 million," it added.
 
The bank informed that the initial World Bank support was increased with guarantees from the Netherlands for 80 million euros (USD 89 million equivalent) and Sweden for USD 50 million.
 
The World Bank has also set up a multi-donor trust fund (MDTF) to facilitate channeling grant resources from donors to Ukraine, with contributions from the UK, Denmark, Latvia, Lithuania, and Iceland in the amount of USD 134 million thus far.
 
The World Bank is calling for further grant contributions to the MDTF. In addition, Japan is linking USD 100 million in parallel financing to the support package..

Source : Business Standard

Published On : March 11, 2022
A)
Judit Varga
B)
Tímea Szabó
C)
Katalin Novak
D)
Alexandra Szentkirályi

Correct Answer :   Katalin Novak


The Hungarian parliament Thursday(10th Mar 2022) elected "Katalin Novak", a close ally of Prime Minister Viktor Orban, as the EU member's first ever woman president.
 
Novak, who most recently served as a minister for family policy, portrayed her election as a victory for women.
 
She was elected to the mostly ceremonial role by 137 votes to 51 in the parliament dominated by Orban's right-wing Fidesz party ahead of opposition challenger Peter Rona, an economist.
 
"We women rear children, care for the ill, cook, do the work of two people if needs be, earn money, teach, win Nobel prizes, clean windows," Novak said in a speech before the vote.
 
"We know the power of words but can keep quiet and listen if we have to, and defend our families with a courage beyond that of men's if danger threatens," said the 44-year-old, Hungary's youngest ever head of state.
 
"It is thanks to being a woman and not despite it that I want to be a good president of Hungary," she said.
 
Earlier she posted a photo of her, her husband and her three children on social media, saying it "means a lot to me that my family is here with me"..

Source : France24

Published On : March 11, 2022
A)
Ministry of Tribals
B)
Ministry of Labor
C)
Ministry of Science
D)
Ministry of Education

Correct Answer :   Ministry of Labor


The Labour ministry tweeted, 'Secure the future of Unorganised Workers by making a small contribution to donate-a-Pension scheme, an initiative launched today(7th Mar 2022) under PM-SYM & make a big difference.'

Union Labour and Employment Minister "Shri Bhupender Yadav" also tweeted on the launch occasion stating the benefits of the scheme to the unorganized sector staff such as domestic workers, drivers, helpers, gardners, etc..

Published On : March 11, 2022
A)
Ministry of MSME
B)
Ministry of Science
C)
Ministry of Tribals
D)
Ministry of Education

Correct Answer :   Ministry of MSME


Ministry of "Micro, Small and Medium Enterprises" has launched a special entrepreneurship promotion campaign for women named "Samarth", which aims to provide skill development and market development support to women in 2022-23.

Published On : March 11, 2022
A)
Bangladesh
B)
China
C)
Indonesia
D)
Saudi Arabia

Correct Answer :   Bangladesh


The two-day Study in India meeting has inaugurated by Vikram Doraiswamy, High Commission of India in Dhaka, Bangladesh and Dr. Dipu Moni, Education Minister of Bangladesh.

Published On : March 11, 2022
A)
Mumbai
B)
Chennai
C)
Bangalore
D)
Hyderabad

Correct Answer :   Hyderabad


India’s first 100% women-owned FLO industrial park in Hyderabad, promoted by FICCI Ladies Organization (FLO) in partnership with the Government of Telangana, was inaugurated with the commencement of operations by 25 women-owned and operated units representing 16 diverse Green Category Industries at the Park.
 
Speaking at the inauguration, Minister KT Rama Rao, urged entrepreneurs to think big and start to think about emerging technologies. Focus on aerospace, defence, food processing, forge a global partnership.
 
He also promised another 100 acres for the expansion of the FLO women's industrial park, subject to the park's focus on novel products. Offer an additional 10% subsidy for women entrepreneurs.

The 50-acres FLO Industrial Park was established with an investment of Rs. 250 Crores is the Flagship project and the first of its kind at a national level with participation open to Chapter Members and the national members of FLO.
 
The park became operational by 25 women-owned and operated units representing 16 Green Category Industries. The park was conceptualized in 2013 exclusively for women was formally inaugurated by Telangana minister KT Rama Rao on Tuesday.
 
Uma Chigurupati, Chairperson, FICCI FLO Hyderabad Chapter informed that while 25 units started operating the industrial park to generate 1600+ jobs in the next 2years of operation.
 
The park is at its core to demonstrate the power of women in the industry has also created amenities to offer a home environment for women by keeping in mind the necessities of Working Women Entrepreneurs, including designing crèches and playschools..

Source : India Today

Published On : March 11, 2022
A)
Delhi
B)
Maharashtra
C)
Karnataka
D)
Uttar Pradesh

Correct Answer :   Karnataka


The "Karnataka" Digital Economy Mission (KDEM), in association with other state organisations, has launched the Women@Work (WOW) Program.
 
It will act as an enabler for women to actively participate and join the workforce through industry upskilling and reskilling programmes, mentorship, institutional and organisational networking, and amplifying the efforts of corporate programmes on attracting women workforce among others.
 
Kiran Mazumdar-Shaw, executive chairperson, Biocon, said, “The pandemic taught us that a hybrid, work-from-home model can be created successfully for women to play a dual role in building homes and a successful career. What is needed now is to motivate women to reskill, upskill and apply their STEM knowledge in a formidable career.".

Source : Times Of India

Published On : March 11, 2022
A)
Kim Kun-hee
B)
Yoon Suk-yeol
C)
Hong Joon-pyo
D)
Lee Jae-myung

Correct Answer :   Yoon Suk-yeol


The opposition conservative Yoon Suk-yeol has won South Korea's presidential election, Yonhap reported early Thursday(10th Mar 2022), propelling a political novice and avowed anti-feminist to the helm of Asia's fourth largest economy.
 
After a bitter, hard-fought election campaign, Yoon, formerly a top government prosecutor who has never held elected office, was declared winner early Thursday after rival Lee Jae-myung from the incumbent Democratic Party conceded defeat.
 
"This is a victory of the great South Korean people," Yoon told cheering supporters, who were chanting his name at the country's National Assembly.
 
Despite a campaign dominated by mud-slinging between frontrunners Yoon and Lee, voter turnout was 77.1 percent, including record early voting, with interest strong and the policy stakes high in the country of some 52 million.
 
The two parties are ideologically poles apart, and Yoon's victory looks set to usher in a more hawkish, fiscally conservative regime after five years under outgoing President Moon Jae-in's dovish liberals.
 
It is also a dramatic victory for the opposition People Power party, who were left in disarray in 2017 after their president Park Gung-hye was impeached.
 
It could restart the "cycle of revenge" in South Korea's famously adversarial politics, analysts say, where presidents serve just a single term of five years and every living former leader has been jailed for corruption after leaving office.
 
On the campaign trail, Yoon had threatened to investigate outgoing President Moon Jae-in, citing unspecified "irregularities".

Source : NDTV

Published On : March 11, 2022