Daily & Latest Current Affair in 2022

Current Affairs is a very important part of the overall preparation strategy for various Competitive Entrance and Government Recruitment Exams. Free Time Learning offers Today Current Affairs provides latest and Best Daily Current Affairs for UPSC, IAS/PCS, UPPSC, IBPS, SBI, RBI, SSC, CGL, Railway, APPSC, TSPSC, KPSC, TNPSC, TPSC, UPPSC, MPSC, RPSC, BPSC, MPPSC, UKPSC, MPSC, and other competitive exams.

DAILY CURRENT AFFAIRS
A)
Shiksha Finance
B)
Setu
C)
Lendingkart
D)
MoneyTap

Correct Answer : Option (B) - Setu

Note :

* Google has partnered with a fintech company, Setu.

* The partnership will allow its users to open fixed deposits (FD) using Google Pay app. Setu is a fintech company that is an expert in offering APIs (application programming interfaces) and it has created the beta version of API which can offer FDs.
 
* The FDs through this beta version are of tenors like 7-29 days, 30-45 days, 46-90 days, 91-180 days, 181-364 days, and 365 days.

* The interest rates linked to these FDs will vary from 3.5% for the shortest FD to 6.35% for the FD with one year tenor.

* To avail of this FD, users will have to complete their KYC procedures using Aadhar through OTP submission.

* The users can open an FD account even without having an account with the bank which offers FD.

* At the initial stage, FDs of Equitas Small Finance Bank will be offered for a period of 1 year carrying a maximum interest rate of 6.35%.

   Show Answer
Published On : August 27, 2021
A)
Ajay Kumar
B)
M V Rao
C)
Ravinder Dhillion
D)
Abhay Kumar Singh

Correct Answer : Option (A) - Ajay Kumar

Note :

The Reserve Bank of India (RBI) on 26-08-2021 has appointed Ajay Kumar as Executive Director with effect from August 20, 2021, the central bank said in a statement.
 
Prior to being promoted as Executive Director, Kumar was heading the New Delhi regional office of the bank as regional director.
 
Kumar has, over a span of three decades, served in foreign exchange, banking supervision, financial inclusion, currency management and other areas in the RBI.

   Show Answer
Published On : August 27, 2021
A)
Ajit Doval
B)
Rajnath Singh
C)
General Bipin Rawat
D)
General M M Naravane

Correct Answer : Option (A) - Ajit Doval

Note :

India on 24-08-2021 raised the issue of cross-border terrorism and activities of groups such as the Lashkar-e-Toiba (LeT) and Jaish-e-Mohammed (JeM) at the meeting of BRICS representatives responsible for national security and said these groups "enjoy state support" and threaten peace and security.
 
National Security Adviser Ajit Doval hosted the 11th Meeting of the BRICS (Brazil, Russia, India, China, and South Africa) High Representatives Responsible for National Security through video conferencing on 24-08-2021.

   Show Answer
Published On : August 27, 2021
A)
PM KISAN
B)
PM Ujjwala Yojana
C)
PM SVANidhi Scheme
D)
Saubhagya Scheme

Correct Answer : Option (C) - PM SVANidhi Scheme

Note : The Reserve Bank of India has announced to include street vendors of tier-1 and tier-2 centres, identified as part of the PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi Scheme) as beneficiaries under the Payments Infrastructure Development Fund (PIDF) Scheme. Payments Infrastructure Development Fund (PIDF) Scheme was launched by RBI to encourage deployment of Points of Sale (PoS) infrastructure (both physical and digital modes) in tier-3 to tier-6 centres and northeastern states.

   Show Answer
Published On : August 27, 2021
A)
Rs 0.5 lakh
B)
Rs 1 lakh
C)
Rs 2.5 lakh
D)
Rs 5 lakh

Correct Answer : Option (B) - Rs 1 lakh

Note : Ministry of Civil Aviation has repealed the Unmanned Aircraft Systems (UAS) Rules, 2021 and replace the same with the liberalized Drone Rules, 2021. Maximum penalty for violations reduced to INR 1 lakh.

   Show Answer
Published On : August 27, 2021
A)
Ladakh
B)
Chandigarh
C)
Puducherry
D)
Jammu & Kashmir

Correct Answer : Option (D) - Jammu & Kashmir

Note : The Jammu and Kashmir Government on August 27, 2021 approved the implementation of Film Policy-2021. The Film Policy will promote the overall growth of the film industry in the Union Territory and create a vibrant film ecosystem to make the region the film industry’s favourite once again.

   Show Answer
Published On : August 27, 2021
A)
Sonu Sood
B)
Ajay Devgun
C)
Akshay Kumar
D)
Deepika Padukone

Correct Answer : Option (A) - Sonu Sood

Note :

Bollywood actor Sonu Sood met Delhi Chief Minister Arvind Kejriwal on Friday(27-08-2021). In a joint press conference, Kejriwal confirmed that Sonu Sood has agreed to be the brand ambassador of the Delhi government’s ‘Desh Ke Mentors’ program, which will be launched soon.
 
Some children in our country come from very poor backgrounds who want to do a lot, but there is no one to show them the way,” Kejriwal said. We are making such preparations for these children, some people can be added who can guide these children. The country’s consultants are starting activities for this. Sonu Sood has agreed to be the brand ambassador for this.

   Show Answer
Published On : August 27, 2021
A)
Delhi
B)
Haryana
C)
Maharashtra
D)
Uttar Pradesh

Correct Answer : Option (A) - Delhi

Note : Arvind Kejriwal put an end to all the speculations being made about Sonu Sood’s campaign for AAP in the Punjab elections. Delhi government is going to start ‘Desh Ke Mentor’ program. Sonu Sood has been made the brand ambassador for this program. At the same time, the actor said that we all should come forward for this.

   Show Answer
Published On : August 27, 2021
A)
ICMR
B)
AICTE
C)
AIIMS
D)
DRDO

Correct Answer : Option (B) - AICTE

Note : Education Ministry on 26 August 2021 announced that the Bureau of Police Research and Development (BPRD) and All India Council for Technical Education (AICTE) have launched ‘MANTHAN 2021’. It has been launched with a view of empowering India’s law enforcement agencies. ‘MANTHAN 2021’ is a unique national Hackathon that will identify innovative concepts and technology solutions for addressing the security challenges of the 21st century faced by intelligence agencies.

   Show Answer
Published On : August 26, 2021
A)
S Janakiraman
B)
Sudarshan Sen
C)
M Rajeshwar Rao
D)
N S Vishwanathan

Correct Answer : Option (D) - N S Vishwanathan

Note : RBI appointed panel under the chairmanship of N. S. Vishwanathan suggests 4-tier structure for Urban Co-operative Banks; minimum CRAR (Capital to Risk-Weighted Assets Ratio) for them could vary from 9% to 15%.

A Reserve Bank-appointed committee has suggested a four-tier structure for the urban cooperative banks (UCBs) depending upon the deposits and prescribed different capital adequacy and regulatory norms for them based on their sizes.

   Show Answer
Published On : August 26, 2021