Today GK, 2023 Latest General Knowledge Questions, Daily GK 2022

1 .

Indian Army and Chinese Army will participate in the Vostok 2022 military exercises to be held from 30 August 2022 to 5 September 2022 in which country?

A)

Israel

B)

Russia

C)

United States

D)

South Korea

Correct Answer : Russia

In what can best be described as a diplomatic mashup, India later this month is going to attend the Vostok 2022 military exercises in Russia where Chinese Liberation Army is also likely to take part. Meanwhile, Pakistan will attend a security drill in India in October.

“China has confirmed that their troops will take part in the Vostok 2022 military exercises. India’s 75-member contingent is ready and once the dates are confirmed they too will head to Vladivostok,’’ say sources.

The Vostok drills are due to start at the end of the month (tentatively between August 30 and September 5, 2022), and will include Belarus, Mongolia and Tajikstan. India hasn’t officially stated when the troops will leave.

In 2021, India took part in the Zapad drills in Russia which included 17 countries, including China and Pakistan. Zapad means “West” in Russian. It was a military exercise conducted on Russia’s Western borders to showcase their strategic capabilities and practice operational maneuvers.

Meanwhile, according to reports, the Vostok 2022 exercise will be held under the command of the chief of Russia’s general staff, Valery Gerasimov, at 13 training grounds of the Eastern Military District.

Even though India is taking part in these drills, the military standoff continues due to the built up around Line of Actual Control (LAC)..

Source : New indian Express

Published On : August 19, 2022

2 .

Who has signed a Memorandum of Understanding (MoU) with the Indian Railway Catering and Tourism Corporation (IRCTC) to ensure the safety and security of booking data?

A)

National Security Guard (NSG)

B)

Border Security Force (BSF)

C)

Central Reserve Police Force (CRPF)

D)

National Investigation Agency (NIA)

Correct Answer : Border Security Force (BSF)

The Border Security Force (BSF) on Tuesday(16th August 2022) signed a Memorandum of Understanding (MoU) with the Indian Railway Catering and Tourism Corporation (IRCTC) to ensure the safety and security of booking data under its air e-ticket service for the troops of India’s border guarding force.

BSF said in a statement, “Besides, the pact will ensure facility of extra baggage, lounge, cargo and less cancellation or reschedule charges for authorised BSF personnel.

“MoU for BSF Air e-ticket service was signed with IRCTC official in presence of Director General BSF Pankaj Kumar Singh, Rajni Hasija, CMD IRCTC, Seema Kumar, Additional Member (T&C), Railway Board and other senior officers of BSF and IRCTC at BSF FHQ, New Delhi,” BSF further said.

This service will provide a dedicated online portal with a credit facility of 60 days, mentions the statement.

“This in-house Air booking system will ensure safety and security of booking data with extra baggage, lounge, cargo facility and less cancellation or reschedule charges for authorised BSF personnel.”

The MoU is significant in terms of providing better facilities to the personnel of the BSF, which guards 3,323 km of India-Pakistan and 4,096 km India-Bangladesh borders..

Source : The Print

Published On : August 19, 2022

3 .

Which city host FIBA U-18 women's Asian Basketball Championship from 5th September 2022 to 11th September 2022?

A)

Chennai

B)

Mumbai

C)

Delhi

D)

Bengaluru

Correct Answer : Bengaluru

The International Basketball Federation FIBA is scheduled to host the FIBA U18 Women’s Asian Championship at Sree Kanteerva and Koramangala Indoor stadiums in "Bengaluru" from 5th September 2022 to 11th September 2022. As many as 16 countries will participate in the event.

Youth Empowerment and Sports minister Dr C Narayana Gowda told reporters on Thursday(18th Aug 2022) that preparations for the event were on track.

The championship will be in two divisions -- A and B.

Division A are : China, Indonesia, India, Japan, Korea, Chinese, Taipei, Australia and New Zealand.

Division B are : Hong Kong, Jordan, Malaysia, Maldives, Mongolia, Philippines, Samoa and Thailand.

Division A will be held at Kanteerva Indoor Stadium and Division B at Koramangala Indoor Stadium. The first four teams from the championship will qualify for the FIBA U19 Women’s World Cup, which is scheduled to be held in Madrid, Spain, in July 2023.

Earlier, the Indian U18 men’s basketball team was felicitated with kits. The team will travel to Tehran in Iran on Friday for the men’s championship. It is placed in Group B along with China and Korea..

Source : New Indian Express

Published On : August 19, 2022

4 .

Who is the highest salary paid bank CEO in India in FY22?

A)

Sashidhar Jagdishan

B)

Chandra Shekhar Ghosh

C)

Sandeep Bakhshi

D)

Amitabh Chaudhry

Correct Answer : Amitabh Chaudhry

Axis Bank managing director and chief executive officer (MD & CEO) "Amitabh Chaudhry" was the highest-paid private bank chief in India in the previous financial year, drawing a total of Rs 7.62 crore in annual salary, as per the bank’s FY22 annual report.

Chaudhry was also separately granted a total of 412,938 stock options of Axis Bank during FY22, on the basis of approval received from the Reserve Bank of India (RBI), the Axis Bank annual report said. The stock options were granted at Rs 726.25 per share.

“The vesting schedule for the said stock options is 30 percent options after expiry of one year, 30 percent options after expiry of two years and balance 40 percent options after expiry of three years from the date of grant.

Chaudhry was followed by IndusInd Bank chief Sumant Kathpalia, who made over Rs 7.31 crore in annual salary in FY22. Kathpalia was followed by ICICI Bank MD Sandeep Bakhshi, who earned Rs 7.05 crore in annual salary last fiscal, as per the bank’s annual report.

HDFC Bank MD & CEO Sashidhar Jagdishan pulled in Rs 6.51 crore during the previous fiscal, while Bandhan Bank MD C.S. Ghosh drew Rs 4.35 in annual salary in FY22. HDFC Bank executive director Kaizad Bharucha, meanwhile, earned more than the lender’s MD during the previous fiscal, drawing a total of Rs 10.64 crore, including performance bonuses.

Source : Money Control

Published On : August 18, 2022

5 .

Which Bank has signed an MoU with Food Corporation of India (FCI) to provide "Ultima Salary Package" with exclusive benefits & features to all its employees?

A)

HDFC Bank

B)

YES Bank

C)

Axis Bank

D)

ICICI Bank

Correct Answer : Axis Bank

Axis Bank, India’s third largest private sector bank, has signed an MoU with Food Corporation of India (FCI) to provide “Ultima Salary Package”, a best-in-class salary account with exclusive benefits & features to all its employees. With this MoU, the Bank has reinstated its commitment to offering holistic banking services to the employees of the Public Sector Undertakings (PSU) sector.

A signing ceremony was held at FCI Headquarters, New Delhi where FCI was represented by Shri G. N Raju, GM HQ and Axis Bank was represented by Shri Anil Agarwal, President, Financial Institutions Group & Lt Col M.K Sharma, National Accounts Head.

Through this exclusive Ultima Salary package, the Bank will offer numerous benefits such as :

* Personal Accidental cover of up to Rs.20 lakhs

* Additional Education Grantupto Rs. 8 lakhs

* Total Permanent Disability Cover benefit up to Rs. 20 lakhs

* Permanent Partial disability cover of up to Rs.20 lakhs

* Air Accident cover of Rs. 1 Crore

* Free additional debit card for a family member

* 12 EMI waiver on Home loan

* 3 zero balance accounts for family member

Universal account number wherein all Axis Bank branches will function as a “Home branch”

This MoU is a reflection of Axis Bank’s constant endeavour to address the banking requirements of different customer segments, helping them meet their financial aspirations & milestones..

Source : Pragativadi

Published On : August 18, 2022

6 .

State Bank of India has launched its first dedicated branch for Startups in which city?

A)

Mumbai

B)

Bengaluru

C)

Delhi

D)

Hyderabad

Correct Answer : Bengaluru

State Bank of India (SBI) has launched its first branch dedicated to start-ups in Koramangala, Bengaluru, the country’s largest lender said on Tuesday(16th August 2022).

Apart from providing funding and regular banking service to start-ups, SBI will also support such players through associated services such as investment banking, treasury operations, advisory and other ancillary financial services through its subsidiaries.

The branch will provide services ranging from the stage of formation of start-ups to Initial Public Offerings and Follow-on Public Offerings, SBI said..

Source : Business Standard

Published On : August 18, 2022

7 .

Which company collaborate to deploy smart PoS devices across India with Samsung stores?

A)

PhonePe

B)

Google Pay

C)

Amazon Pay

D)

Paytm

Correct Answer : Paytm

Digital financial services firm Paytm on Tuesday(16th Aug 2022) said it partnered with Samsung stores across India to facilitate smart payments as well as its loan service Paytm Postpaid through deployment of point of sale devices.

The partnership will enable consumers purchasing Samsung devices -- laptops, smartphones, television, smart watches etc -- from any authorised store in the country to pay through Paytm payment instruments, including UPI, wallet, buy now pay later scheme, debit cards and credit cards.

"We continue to drive innovation in the offline payments market and with our PoS (Point of Sale) devices, merchants are able to drive higher customer loyalty. The partnership with Samsung stores will enable us to further extend the convenience of smart payments to a larger customer base," said Bhavesh Gupta, Paytm CEO - Lending and Head Payments.

Paytm through its postpaid or buy-now-pay-later service will provide credit limit of up to Rs 60,000 per month. It will also give customers an option to avail personal loan of up to Rs 2 lakh through financial institution partners of Paytm, according to the company statement.

Paytm claims to be the leader in offline payments, having deployed 4.1 million devices across the country as of July 2022.

Source : Business Standard

Published On : August 17, 2022

8 .

Which term deposit scheme has been launched by Karnataka Bank in August 2022?

A)

KBL Amrit Samriddhi

B)

Krishik Sinchana Scheme

C)

KBL Instant Agri Credit

D)

KBL Agro Processing Scheme

Correct Answer : KBL Amrit Samriddhi

In commensurating with the Nation celebrating its 75 years of Independence as Azadi Ka Amrit Mahotsav, Karnataka Bank has introduced a new Term Deposit Scheme, "KBL Amrit Samriddhi" under ACC and Fixed Deposit for a tenure of 75 weeks (525 days). The interest rate for this Deposit Scheme is 6.10% per annum.

While wishing on the occasion, Shri Mahabaleshwara M S, MD & CEO of the Bank said, “India is celebrating the glorious history of its people, culture and achievements in a jubilant way.

Karnataka Bank, portraying the rich patriotic tradition and values, has always been ready to meet the aspirations and dreams of its valued patrons. With the new product, KBL Amrit Samriddhi, Bank extends the benefit of increase in the interest rates to our customers. I request each one of you to make use of this opportunity, which will be available for a limited time.”.

Source : Karnataka Bank

Published On : August 17, 2022

9 .

Which Bank partners with "SellerApp" to facilitate adoption of ONDC?

A)

Axis Bank

B)

Yes Bank

C)

ICICI Bank

D)

HDFC Bank

Correct Answer : Yes Bank

* Yes Bank has announced Saturday(13th August 2022) its partnership with SellerApp (a seller-centric intelligence platform) to adopt Open Network Digital Commerce (ONDC).

* This partnership will help them to expand their digital commerce footprint.

* ONDC is a strategic initiative of the Indian government with an aim to democratize the entire digital commerce space.

* The network is also being built as an alternative to e-tailers like Walmart-owned Flipkart and Amazon in the Indian ecommerce market..

Source : Economic Times

Published On : August 17, 2022

10 .

Wholesale Price Inflation (WPI) has been declined from 15.18% last month to what percentage in July 2022?

A)

10.93%

B)

11.93%

C)

12.93%

D)

13.93%

Correct Answer : 13.93%

India’s wholesale inflation in July 2022 eased sequentially to 13.93 per cent as vegetables, milk and fuel became cheaper, but remained in double digits for the 16th month.

Wholesale Price Index-based (WPI) inflation was 15.18 per cent last month and at a record high of 16.63 per cent in May. It was 11.57 per cent in July 2021.

WPI inflation rate for May 2022 was revised to a record high of 16.63 per cent year-on-year, from 15.88 per cent estimated earlier. “Inflation in July, 2022 is primarily contributed by rise in prices of mineral oils, food articles, crude petroleum & natural gas, basic metals, electricity, chemicals & chemical products, food products etc. as compared to the corresponding month of the previous year,” said a government statement..

Source : Business Standard

Published On : August 17, 2022