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

1 .

_______Bank and RuPay entered into a strategic cooperation with CARD91.

A)

Yes Bank

B)

HDFC Bank

C)

RBL Bank

D)

Canara Bank

Correct Answer : Yes Bank

CARD91, a global payment infrastructure powering B2B payments, announced a strategic partnership with YES BANK and RuPay, the flagship product of the National Payments Corporation of India (NPCI). Through this partnership, CARD91 will create a card management system that will allow companies to launch a variety of co-branded card instruments as well as maintain a real-time dashboard to generate insights. This will enable CARD91 to expand its presence in the Indian payments market.

CARD91’s partnership with YES BANK and RuPay will enable the company to provide businesses of all kinds across various sectors with a range of card instruments for managing and securing payments. Businesses will now have an option to choose from co-branded or non-branded card instruments, thereby giving them an innovative solution to address specific use.

Source : The Print

Published On : June 24, 2022

2 .

Which company has launches life insurance savings plan with Policybazaar in June 2022?

A)

Aegon Life Insurance

B)

HDFC Life Insurance

C)

Bharti AXA General Insurance Company Limited

D)

Max Life Insurance Company Ltd

Correct Answer : Max Life Insurance Company Ltd

Max Life Insurance Company Ltd has launched the ‘Max Life Smart Fixed-return Digital Plan’, a non-linked, non-participating, individual life insurance savings plan. The offer helps customers meet short-term financial goals with a minimum policy tenure of five years.

The plan offers guaranteed tax-free returns up to 6.14% along with life cover protection at monthly premiums as low as â‚¹3000 and is also available to purchase on Max Life’s website and Policybazaar.com, said the firm.

V Viswanand, deputy managing director, Max Life said, “The Smart Fixed-return Digital Plan is designed for a generation that wants a short-term guaranteed product with tax-free returns topped with life insurance. The combination of easy liquidity and agile onboarding makes this new-age product a valuable fit in the millennials’ savings journey."

Key features of ‘Max Life Smart Fixed-return Digital Plan’ stated by the firm are :

* Simplified on-boarding process along with instant confirmation of issuance after journey completion

* Fully guaranteed returns payable as a lump sum at maturity

* Flexibility to pay premiums monthly or annually for just five years

* Flexibility to choose between different variants, tailored to meet different financial security needs

* Higher benefits offered for higher premiums paid, as per the chosen goals

* Special benefits for women customers: 0.25% additional maturity benefit for five years’ policy term; 0.5% for ten years’ policy term

* Option of taking a loan against policy to help in case of financial emergencies

* Tax benefits on premiums paid and tax-free maturity benefits, depending on the chosen variant, as per prevailing tax laws..

Source : Mint

Published On : June 23, 2022

3 .

Which country has successfully launched satellites into orbit with its homegrown Nuri rocket?

A)

China

B)

Russia

C)

South Korea

D)

North Korea

Correct Answer : South Korea

South Korea successfully launched satellites into orbit with its homegrown Nuri rocket on Tuesday(21st June 2022), a significant step for the country's burgeoning space program after a failed attempt last year.

The three-stage rocket, more than 47 meters (154 feet) long and weighing 200 tons, was launched from the Naro Space Center in the country's southern coastal region at 4 p.m. local time.

It was topped with five satellites that will carry out Earth observation missions, such as monitoring the atmosphere, for up to two years, as well as a 1.3-ton dummy satellite, according to the country's Science Ministry.

"The road from South Korea to space has opened now," said President Yoon Suk Yeol after the launch. "It's the fruit of the difficult challenges of the past 30 years. Now, our Korean people and our young people's dream and hope will reach toward space."

Prior to South Korea's mission on Tuesday(21st June 2022), only Russia, the United States, the European Union, China, Japan and India had developed a space launch vehicle capable of carrying a satellite weighing more than 1 ton, according to the Korea Aerospace Research Institute (KARI).

South Korea first tried to launch a dummy satellite with the Nuri rocket last October. The attempt failed when the rocket's third-stage engine shut down and the dummy satellite failed to reach low Earth orbit..

Source : CNN

Published On : June 23, 2022

4 .

ISRO successfully launches India's Communication satellite_________from Kourou in French Guiana.

A)

PSLV-C45

B)

PSLV-C50

C)

GSAT-18

D)

GSAT-24

Correct Answer : GSAT-24

23rd June 2022 @ 03.20 Hrs IST, NewSpace India Limited (NSIL), a CPSE under Department of Space, successfully undertook the launch of GSAT-24 communication satellite on-board Ariane-V [VA257 flight] from Kourou, French Guiana. The VA257 flight in addition to GSAT-24 satellite of India also carried Measat-3d communication satellite from Malaysia as other co-passenger

GSAT-24 is a 24 Ku band communication satellite meant for meeting the Direct-To-Home (DTH) communication needs of the country. Satellite weighed 4180 kg at lift-off and has mission life of 15 years. NSIL has leased the entire satellite capacity to M/s Tata Play for a period of 15 years. The entire funding for the GSAT-24 mission has been borne by NSIL.

After nearly 40 minutes of flight, GSAT-24 satellite was successfully injected into its intended Geo-Synchronous Transfer Orbit (GTO) with Perigee: 250 km and Apogee: 35825 km.

Post-separation of GSAT-24 satellite, ISRO's Master Control Facility at Hassan, Karnataka took control of the satellite and initial data received indicates good health of the satellite. In the coming days, the orbit of GSAT-24 satellite would be raised from GTO to Geo-Stationary Orbit (GSO), through a series of orbit raising manoeuvres using satellite’s on-board propulsion system.

“Today’s successful mission of GSAT-24 is a major step forward for NSIL in commercially meeting the DTH communication needs of the country using indigenously built satellite solutions from ISRO,” Dr S Somanath, Secretary DOS said.

With the successful launch of GSAT-24, NSIL will be owning and operating nearly 11 Communication Satellites in-orbit and would meet the bulk of the communication needs of the country. GSAT-24 is the first of the many Demand Driven Missions, that NSIL would undertake in the coming years.

Source : ISRO

Published On : June 23, 2022

5 .

Who was the first female president of the Federation of International Cricketers' Association (FICA)?

A)

Isa Guha

B)

Lisa Sthalekar

C)

Karen Rolton

D)

Kate Blackwell

Correct Answer : Lisa Sthalekar

Legendary Australian cricketer Lisa Sthalekar has become the first woman president of the Federation of International Cricketers’ Association (FICA). The 42-year-old former Australia captain was confirmed in the role at the FICA Executive Committee meeting held in Nyon, Switzerland. (More Cricket News)

She will take up a position that has previously been held by former South Africa batter Barry Richards, former West Indies all-rounder Jimmy Adams, and most recently by former England batter Vikram Solanki.

“Lisa Sthalekar has been confirmed as FICA’s President at the FICA Executive Committee meeting held in Nyon, Switzerland this week,” the FICA said in a statement.

The Executive Committee meeting was held ahead of the FICA and World Players' Association Player Development Conferences and was the first in-person meeting of the group since the COVID-19 pandemic..

Source : Outlook India

Published On : June 23, 2022

6 .

Who is Launches Digital Savings A/C Partnering With Equitas Small Finance Bank?

A)

Freo

B)

Neo

C)

Federal Bank

D)

Emirates NBD

Correct Answer : Freo

Freo, one of India’s leading consumer neobank, on Tuesday(21st June 2022) launched its digital savings account "Freo Save", in partnership with Equitas Small Finance Bank. With this launch, Freo becomes the first consumer Neobank in the country to provide full-stack neobanking products comprising a smart savings account, credit and payments products, cards, wealth-growth products, and more, slated for the future.

According to the RBI, almost 60 per cent of Indians still use public-sector banks. Also, in a survey conducted in 1000 cities where Freo is present, respondents said they wanted a digital savings account that offers them a wide variety of products and features including easier access to credit, higher interest, and better ways to grow their money all accessible digitally at the touch of a button.

The above is why Freo Save offers quick access to credit & shopping, & through its partnership with Equitas Small Finance Bank provides up to 7 per cent interest on customers' savings for balances above Rs 5 Lakhs up to Rs 2 crore, all within an easy-to-use app. To underscore accessibility, Freo Save is also the only digital savings neobank app that will be available in multiple Indian languages including English, Hindi, Tamil, & more..

Source : Businessworld

Published On : June 23, 2022

7 .

Which Bank approved Project to boost rain-fed agriculture in Uttarakhand(June 2022)?

A)

State Bank of India

B)

Asian Development Bank

C)

Reserve Bank of India

D)

World Bank

Correct Answer : World Bank

World Bank approved Project to boost rain-fed agriculture in Uttarakhand – The World Bank has given its approval for a project worth â‚¹1,000 crores for taking rain-fed farming to new heights in the hilly regions of Uttarakhand.

The name of this project is Uttarakhand Climate Responsive Rain-fed Farming Project and will be implemented by the watershed department.

Uttarakhand Climate Responsive Rain-fed Farming Project :

* Uttarakhand Climate Responsive Rain-fed Farming Project aims to reduce greenhouse gas emissions with funding from the World Bank.

* The project will also help in springshed management, boosting agricultural productivity, controlling migration and promoting cluster-based agriculture.

It will also help in increasing climate-friendly activities.

Source : The Hindu

Published On : June 23, 2022

8 .

Which Bank has launched a new portal called 'SIB TF Online' for its corporate EXIM customers?

A)

Federal Bank

B)

South Indian Bank

C)

Dhanlaxmi Bank

D)

Punjab National Bank

Correct Answer : South Indian Bank

South Indian Bank has launched(22nd June 2022) a new portal called ‘SIB TF Online’ for its corporate EXIM customers. The portal facilitates a platform for trade-related payments to foreign entities remotely. The customer can initiate the payment request over SIB TF Online after uploading the relevant supporting documents for the transaction.

About the “SIB TF Online” :

* SIB TF Online is yet another accomplishment by the bank to make its operations more tech-driven. It comes close on the heels of launching the internet banking facility targeting retail savings and NRE SB customers to initiate foreign remittances without visiting the branch.

* The bank plans to launch SIB TF Online in phases, with the initial version allowing three types of import remittances such as advance remittance for Imports, remittance against import bill received from overseas bank for collection (Bank-to-Bank Foreign Inward Collection Bill) and payment against Import documents received by the importer directly from overseas suppliers.

Source : The Hindu Businessline

Published On : June 23, 2022

9 .

Which Bank has launched online savings bank (SB) account opening facility through 'Video-based Customer Identification Process (V-CIP)'?

A)

Canara Bank

B)

Bank of Baroda

C)

Karnataka Bank

D)

Karur Vysya Bank

Correct Answer : Karnataka Bank

Karnataka Bank has launched online savings bank (SB) account opening facility through ‘Video-based Customer Identification Process (V-CIP)’.

The facility enabled in the corporate website of the bank, empowers prospective customers to open an SB account through online process and complete KYC (know your customer) verification through a video call at their place of convenience.

The end-to-end paperless digital process leverages the bank’s API (Application Programming Interface) that auto fills the account opening form, validates PAN/Aadhaar number instantly and completes the KYC process through a video call..

Source : The Hindu Businessline

Published On : June 23, 2022

10 .

Who has appointed to lead New Development Bank (NDB) India Regional Office in Gift City in June 2022?

A)

Dr D J Pandian

B)

K. V. Kamath

C)

M Viswanadh

D)

S Kumar Varma

Correct Answer : Dr D J Pandian

Shanghai-headquartered New Development Bank (NDB) of the BRICS countries has appointed former bureaucrat Dr D J Pandian as the Director-General of its India Regional Office in Gujarat International Finance Tec-City (GIFT City), the bank announced on Tuesday(21st June 2022).

Last month, the NDB had announced plans to set up IRO in the Gift city.

The NDB has approved 20 projects in India for about USD 7.2. billion. The IRO will support the effective and efficient implementation of these projects and work closely with Project Implementation Agencies on achieving desired project outcomes. IRO will also play an important role in preparing new projects and assisting government institutions in capacity building and in providing technical assistance, the bank quoted Pandian as saying in a press release.

The establishment of the IRO is an important milestone for NDB as it marks the fulfilment of a commitment made by the founders of the bank in setting up regional offices, beyond headquarters, in each of the other four founding countries -- South Africa, Brazil, Russia and India (BRICS), he said.

Pandian earlier served as the Vice President and Chief Investment Officer of the Beijing-based Asia Infrastructure Investment Bank (AIIB) in which India is the 2nd largest shareholder after China.

He was succeeded by former RBI Governor Urjit Patel in January. During his tenure at the AIIB, he was instrumental in securing USD 6.7 billion in funding for 28 projects in India, stated to be the highest project finance extended by the bank..

Source : Business Today

Published On : June 23, 2022