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 Current Affairs Q&A PDF – 20 October 2022
NATIONAL AFFAIRS

1. Which of the following points are ‘correct’ with respect to the increase in the Minimum
Support Prices (MSP) for 6 Rabi for the 2022-23 crop year (July-June) & the 2023-24 marketing
season, as of October 2022?
A) The absolute highest increase in MSP for lentils (Masur) is at Rs 500 per quintal followed by
rapeseed and mustard at Rs 400 per quintal.
B) For safflower, there is an increase of Rs 209 per quintal.
C) There is an increase of Rs 110 per quintal, Rs 105 per quintal and Rs 100 per quintal for
wheat, gram and barley respectively.
1) All A, B & C
2) Only A & B
3) Only B & C
4) Only A & C
5) Only A
Answer- 1) All A, B & C
Explanation:
The Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister (PM) of India
Narendra Modi, has approved the increase in the Minimum Support Prices (MSP) for all mandated (6)
Rabi for the 2022-23 crop year (July-June) and the 2023-24 marketing season.
• This decision has been taken to ensure remunerative prices to the growers for their produce.

2. In which city did Union Minister of Petroleum and Natural Gas, Hardeep Singh Puri,
inaugurate Asia’s largest Compressed BioGas (CBG) plant in October 2022?
1) Meerut, Uttar Pradesh
2) Umreth, Gujarat
3) Pune, Maharashtra
4) Sangrur, Punjab
5) Jalkuwa, Madhya Pradesh
Answer- 4) Sangrur, Punjab

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Explanation:
Union Minister Hardeep Singh Puri, Ministry of Petroleum and Natural Gas inaugurated Asia's largest
Compressed BioGas (CBG) plant in Sangrur, Punjab.
i. It has been commissioned with an FDI (Foreign Direct Investment) of Rs 220 crores (approx.) by
Verbio AG, one of Germany’s leading Bio-energy companies.
ii. This plant has been set up under the Sustainable Alternative Towards Affordable Transportation
(SATAT) initiative.

3. In October 2022, Union Minister of State of Personnel, Public Grievances & Pensions,
Jitendra Singh, launched the single integrated pensioners’ portal for the Central Government
Pensioners.
Which bank developed the portal in collaboration with the Ministry of Personnel, Public
Grievances & Pensions?
1) YES Bank
2) ICICI Bank
3) State Bank of India
4) HDFC Bank
5) Punjab National Bank
Answer- 3) State Bank of India
Explanation:
Dr. Jitendra Singh, Minister of State(MoS) for Personnel, Public Grievances & Pensions launched the
single integrated pensioners’ portal aimed at “Ease of Living” for the Central Government Pensioners.
• The portal was developed in collaboration with State Bank of India(SBI),
• State Bank of India will become the first pension disbursing bank which has integrated its
portal with the portal of Department of Pension and Pensioners' Welfare (DoPPW).
• BHAVISHYA, an initiative of the Department of Pension and Pensioners’ Welfare(DoPPW), is
being integrated with the Pension Seva portal of SBI.
i. Jitendra Singh also inaugurated the Pre-Retirement Counselling for about 900 officials, who are
about to retire in the next 1 year.
ii. He also conferred the Anubhav Awards for 2019-20, 20-21 & 21-22.

4. Which organisation/Company signed an MoU (in Oct 22) with Triton Electric Vehicle (TEV)
to manufacture hydrogen fuel cells?
1) Bharat Electronics Limited
2) Tata Motors Limited
3) Bharat Heavy Electricals Limited
4) Ola Electric Limited
5) Bharat Dynamics Limited
Answer- 1) Bharat Electronics Limited
Explanation:
Bharat Electronics Ltd (BEL), a Navratna Defence Public Sector Undertaking (DPSU), has signed an
MoU to manufacture hydrogen fuel cells with Triton Electric Vehicle (TEV), based in the United
States (US).
i. In accordance with the MoU, BEL will manufacture hydrogen fuel cells using technology transferred
from TEV to meet the demands of the Indian market and mutually agreed-upon export markets.

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ii. TEV has established a Manufacturing Hub in Bhuj, Gujarat and a Research and Development (R&D)
Center in Kheda, Anand District, near Ahmedabad, Gujarat in India.

5. Name the organisation that has signed an MoU (in Oct ‘22) with Mitsubishi Heavy Industries
Limited and its subsidiary Mitsubishi Power India Private Limited to demonstrate hydrogen
co-firing in the Auraiya Gas Power Plant in Uttar Pradesh.
1) National Hydroelectric Power Corporation Limited
2) Oil and Natural Gas Corporation
3) National Thermal Power Corporation Limited
4) Indian Oil Corporation Limited
5) Hindustan Petroleum Limited
Answer- 3) National Thermal Power Corporation Limited
Explanation:
NTPC Limited, formerly known as National Thermal Power Corporation Limited, signed an MoU with
Mitsubishi Heavy Industries Limited, Japan and its subsidiary Mitsubishi Power India Private Limited
to demonstrate the feasibility for Hydrogen co-firing blended with natural gas in MHI 701D gas
turbines installed at NTPC Auraiya Gas Power Plant, at Dibiyapur, Uttar Pradesh (UP).
i. Under the MoU, both companies will collaborate to identify key actions for co-firing various
percentages of hydrogen (5 percent, 15 percent, 30 percent, 50 percent,100 percent) at NTPC Auraiya
gas-based combined cycle power plant.

6. The Ministry of Railways (MoR) has announced the closure of the Central Organisation for
Modernisation of Workshops (COFMOW), New Delhi, from _________.
1) 1st February 2023
2) 1st November 2022
3) 1st January 2023
4) 1st December 2022
5) 1st March 2023
Answer- 4) 1st December 2022
Explanation:
The Ministry of Railways (MoR) will shut down the Central Organisation for Modernisation of
Workshops (COFMOW) from 1st December 2022, a year after the government of India (GoI) asked
the sector to rationalise and reduce its undertakings.
i. This decision is in line with the proposals of the Sanyal Report on the "Rationalization of
Government Bodies," submitted by Sanjeev Sanyal, which suggested various recommendations for
restructuring the railways in 2021 in order to make them more efficient and cost-effective.
ii. Sanjeev Sanyal is a current member of the Economic Advisory Council to the Prime Minister (EAC-
PM) and a former Principal Economic Advisor (PEA) in the Ministry of Finance (MoF).

7. In October 2022, the Ministry of Home Affairs (MHA) received the _______ Extension to the
Frame Rules for Citizenship (Amendment) Act, 2019.
1) 7th
2) 5th
3) 6th
4) 8th

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5) 10th
Answer- 1) 7th
Explanation:
The Parliamentary Committees on Subordinate Legislation in the Rajya Sabha and Lok Sabha have
accorded the Ministry of Home Affairs (MHA) yet another extension to frame the rules for the
Citizenship (Amendment) Act, 2019.
i. While the Rajya Sabha granted permission until December 31, 2022, the Lok Sabha extended it till
January 9, 2023.
ii. This is the seventh extension granted to MHA to frame the rules under the Citizenship
(Amendment) Act (CAA).

8. Name the organisation that has signed an MoU (in Oct ‘22) with the National Health
Authority (NHA) to expedite the implementation of the Ayushman Bharat Digital Mission
(ABDM).
1) National Board for Quality Promotion
2) Indian Council of Medical Research
3) National Accreditation Board for Hospitals & Healthcare Providers
4) National Accreditation Board for Certification Bodies
5) NITI Aayog
Answer- 3) National Accreditation Board for Hospitals & Healthcare Providers
Explanation:
The National Health Authority (NHA) and the National Accreditation Board for Hospitals & Healthcare
Providers (NABH), a constituent board of the Quality Council of India (QCI) signed an MoU to
expedite the implementation of the Ayushman Bharat Digital Mission (ABDM).
i. The MoU is signed to collaborate in the areas of capacity building, dissemination of information,
promotion of QCI (NABH) accreditation & ABDM standards, technical support, and stakeholder
advocacy.

INTERNATIONAL AFFAIRS

9. According to the "Using Technology to Improve a Billion Livelihoods" report released by the
World Economic Forum (WEF) in October 2022, drones can enhance the GDP growth of India
by _________.
1) USD 300 Billion
2) USD 500 Billion
3) USD 200 Billion
4) USD 400 Billion
5) USD 100 Billion
Answer- 5) USD 100 Billion
Explanation:
According to a recent report titled “Using Technology to Improve a Billion Livelihoods”, an insight
report in the October 2022 edition of the World Economic Forum (WEF), deploying drones at the
forefront of a technology-led transformation of Indian agriculture can enhance Gross Domestic
Product (GDP) by 1%-1.5% or could enhance the GDP growth with USD 100-Billion.

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i. The report was prepared by the Centre for the Fourth Industrial Revolution (C4IR), India of the WEF
in collaboration with the Adani Group and was released in Gandhinagar, Gujarat.

10. According to the Mercer CFA Institute Global Pension Index (MCGPI) 2022, India secured
the _______ rank out of the 44 countries, while ______ tops the Index.
1) 39th; Iceland
2) 41st; Denmark
3) 40th; Norway
4) 41st; Iceland
5) 40th; Denmark
Answer- 4) 41st; Iceland
Explanation:
According to the 2022 Mercer CFA Institute Global Pension Index (MCGPI), India ranks 41st out of
the 44 countries, as compared to 40th position out of 43 countries in 2021.
The index is prepared in collaboration with United States (US)-based CFA Institute, an international
association of investment professionals; the Monash Centre for Financial Studies (MCFS); and Mercer,
US-based global asset management firm.
Rank Country Index Value

1 Iceland 84.7

2 Netherlands 84.6

3 Denmark 82

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 41 India 44.4

11. Which of the following points are ‘correct’ with respect to the Ookla’s Speedtest Global
Index 2022 (Sept ‘22 edition)?
A) India’s rank in global median mobile download speeds fell from 117 to 118 in September
2022 compared to August 2022, while Shanghai, China being the fastest city.
B) India’s rank fell from 78 to 79 in global median fixed broadband speeds in September 2022
compared to August 2022, while Beijing, China led in the fixed broadband ranking.
C) Germany retained the top spot for overall global median mobile speeds.
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C
5) All A, B & C
Answer- 2) Only A & B
Explanation:
According to Ookla’s Speedtest Global Index (September 2022 edition), India dropped a rank in both
‘median mobile network speeds’ and ‘fixed broadband speeds’, despite marginally higher download
speeds in September 2022 compared to August 2022.
• India’s rank in global median mobile download speeds fell from 117 to 118, despite an
increase in speed from 13.52 Mbps in August 2022 to 13.87 Mbps in September 2022, while
Shanghai, China being the fastest city with a median download speed of 158.63 Mbps for
mobile networks.
• India’s rank in global median fixed broadband speeds fell from 78 to 79, despite an increase
in broadband speeds from 48.29 Mbps in August 2022 to 48.59 Mbps in September 2022, while
Beijing, China led with 238.86 Mbps for fixed broadband.
• China dominates the Speedtest Global Index (both median mobile download fixed broadband)
and Norway retained the top spot for overall global median mobile speeds.

12. Which of the following organisations (in Oct '22) has jointly launched a new one-health
joint plan of action (20222026) along with the World Health Organization (WHO)?
1) Food and Agriculture Organization (FAO)
2) United Nations Environment Programme (UNEP)
3) World Organisation for Animal Health (WOAH)
4) Both 1 & 3
5) All 1, 2 & 3
Answer- 5) All 1, 2 & 3
Explanation:
The new One health joint plan of action (2022‒2026): working together for the health of humans,
animals, plants and the environment, was jointly launched by the Quadripartite comprising Food and
Agriculture Organization of the United Nations (FAO), the United Nations Environment Programme
(UNEP), the World Health Organization (WHO), and the World Organisation for Animal Health
(WOAH).

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 BANKING AND FINANCE

13. Name the company that has recently (in Oct '22) partnered with Indian Railways Catering
and Tourism Corporation (IRCTC) to provide a 'Travel Now Pay Later (TNPL)' facility on the
Rail Connect mobile app.
1) ZingUpLife
2) Refyne
3) Koppr
4) CASHe
5) BrightDime
Answer- 4) CASHe
Explanation:
CASHe, an Artificial Intelligence (AI)-driven financial wellness platform has partnered with Indian
Railways Catering and Tourism Corporation (IRCTC) to provide a ‘Travel Now Pay Later’ (TNPL)
facility on IRCTC’s Rail Connect mobile application.
i. The TNPL facility will allow users to book their rail tickets through the app instantly and pay for it
later in Equated Monthly Income (EMI), ranging from 3 to 6 months.

14. Which payment company has recently (in Oct ‘22) launched "Issuance solution” for fintech
firms to launch customized prepaid cards and wallets?
1) PhonePe
2) Paytm
3) BharatPe
4) Cashfree
5) Razorpay
Answer- 4) Cashfree
Explanation:
Cashfree Payments India Private Limited, an Application Programming Interface (API) banking
solutions company has launched ‘Issuance’, a card issuance stack solution to enable fintech
platforms to launch customized prepaid cards and wallets for their customers, employees and
partners.

15. Which company received in-principle approval (in Oct’ 22) from the Reserve Bank of India
(RBI) to operate as a non-banking financial company (NBFC) account aggregator?
1) AGILE Infoways Pvt Ltd
2) Cygnet Infotech Pvt Ltd
3) Samyak Infotech Pvt Ltd
4) Nischal Technologies Pvt Ltd
5) Amar InfoTech Pvt Ltd
Answer- 2) Cygnet Infotech Pvt Ltd
Explanation:
Reserve Bank of India (RBI) provided in-principle approval to Cygnet Infotech Private Limited, a
fintech firm to operate as a non-banking financial company (NBFC) account aggregator.

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i. NBFC Account Aggregator is one of the largest open financing data-sharing protocols regulated by
the RBI, which allows users to instantly share their financial data with various financial institutions,
digitally and securely.

ECONOMY AND BUSINESS

16. Which company signed a multi-year contract (in Oct’22) with Nokia(Finland) and
Ericsson(Sweden) to build one of the largest 5G networks in the world and India’s first 5G
standalone network?
1) Reliance Jio Infocomm Ltd
2) Adani Data Networks
3) Bharti Airtel Ltd
4) Vodafone Idea Ltd
5) BSNL
Answer- 1) Reliance Jio Infocomm Ltd
Explanation:
European Telecom gear makers Nokia(Finland) and Ericsson(Sweden) have signed multiyear
contract with Reliance Jio Infocomm Limited (Jio), Indian communications service provider (CSP), to
build one of the largest 5G networks in the world and to build India’s first 5G Standalone network
to achieve India’s digital leadership.
i. Under the partnership with Nokia, Jio plans to deploy a 5G standalone network which will interwork
with its 4G network.
ii. Ericsson has signed a long-term strategic 5G contract with Jio to roll out 5G Standalone (SA) in
India. This announcement follows the successfully concluded 5G spectrum auction in India.

APPOINTMENTS AND RESIGNATIONS

17. Name the personality who became the first non-Gandhi President of the Indian National
Congress(INC) in 24 years by winning the Congress Presidential Election in October 2022.
1) Avinash Pandey
2) Shashi Tharoor
3) Devakanta Barua
4) Sitaram Kesri
5) Mapanna Mallikarjun Kharge
Answer- 5) Mapanna Mallikarjun Kharge
Explanation:
Mapanna Mallikarjun Kharge won the Congress Presidential Election with 7,897 votes out of a total
of 9,385 votes against Shashi Tharoor with 1,072 votes and became the 1st non-Gandhi President of
the Indian National Congress(INC) in 24 years.
i. Mallikarjun Kharge is elected as the 98th President of the Indian National Congress (INC).
ii. Mallikarjun Kharge will replace the current Congress President Sonia Gandhi, who has been
occupying the post ever since Rahul Gandhi stepped down after the 2019 Lok Sabha elections.

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18. Who got appointed (in Oct '22) as the chairman of the Court of Arbitration (CoA), while
Michel Lino has been appointed as the chairman of Neutral Expert?
1) Arun Bansal
2) Ayub Khan
3) Sean Murphy
4) Mehr Ali Shah
5) Atish Matur
Answer- 3) Sean Murphy
Explanation:
The World Bank (WB) has appointed a chairman of the Court of Arbitration (CoA) and a neutral
expert as mandated in 2 separate processes requested by India and Pakistan in relation to the
Kishenganga and Ratle hydroelectric power plants.
i. Sean Murphy has been appointed as Chairman of the CoA and Michel Lino as the Neutral Expert.
ii. These appointments are in line with the World Bank’s responsibilities under the Indus Waters
Treaty.
iii. India and Pakistan signed the about Indus Waters Treaty (IWT) in 1960 after 9 years of
negotiations, which was initiated by the then World Bank president Eugene Black
• The treaty was signed with the support of the World Bank, which was also one of the
signatory.

ACQUISITIONS & MERGERS

19. Which company signed an agreement (in Oct’22) to acquire Air Works Group, India’s 2nd
oldest Maintenance, Repair, and Overhaul (MRO) unit, for Rs. 400 crores?
1) Adani Defence Systems & Technologies Ltd
2) Lockheed Martin India Pvt Ltd
3) L&T Defence Pvt Ltd
4) Boeing India
5) General Aeronautics Private Ltd
Answer- 1) Adani Defence Systems & Technologies Limited
Explanation:
Adani Defence Systems & Technologies Limited (ADSTL), the defence manufacturing arm of Adani
Group, signed a definitive agreement to acquire Air Works Group, India’s 2nd oldest Maintenance
Repair and Overhaul (MRO) Unit for an enterprise valuation of Rs 400 crores.
i. With this acquisition, Adani Group will get maintenance capabilities in all 3 aircraft maintenance
verticals of the airline, business jets, and defence.

20. In October 2022, Invesco Developing Markets Fund sold a 5.51% stake in Zee
Entertainment Enterprises Limited (ZEE) for __________.
1) USD 157.2 million
2) USD 120.4 million
3) USD 143.7 million
4) USD 169.5 million
5) USD 138.2 million
Answer- 4) USD 169.5 million
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Explanation:
Invesco Developing Markets Fund, United States (US) based investment firm, offloaded a 5.51%
stake in Zee Entertainment Enterprises Limited (ZEE) in a block trade which will fetch as much as
USD 169.5 million.
i. Some of the buyers of the stake were Morgan Stanley, Citigroup, Inc, Bank of America, Abvendus
(financial services firm), and ICICI Prudential Mutual Fund (MF).
ii. Prior to the stake sale, Invesco held a 10.14% stake in Zee entertainment through OFI Global China
Fund LLC.

CA STATIC GK

21. How many crops does the government of India fix the Minimum Support Prices (MSP) for in
India currently (as of Oct ‘22)?
1) 23
2) 17
3) 24
4) 15
5) 20
Answer- 1) 23
Explanation:
Minimum Support Prices (MSP) is the rate at which the government buys grain from farmers.
Currently, the government fixes MSPs for 23 crops grown in both Kharif and Rabi seasons.

22. The Citizenship (Amendment) Act falls under which of the following Parts of the
Constitution of India?
1) Part VI
2) Part V
3) Part II
4) Part IV
5) part III
Answer- 3) Part II
Explanation:
Part II of the Constitution of India (Articles 5-11) deals with the Citizenship of India.
• Article 5 to Article 11 defines the provision of Citizenship.

23. Where is the Headquarters of World Organisation for Animal Health (WOAH)?
1) Paris, France
2) Rome, Italy
3) Montreal, Canada
4) London, United Kingdom
5) Geneva, Switzerland
Answer- 1) Paris, France

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Explanation:
About World Organisation for Animal Health (WOAH):
WOAH, formerly the Office International des Epizootie(OIE), is an intergovernmental organization
coordinating, supporting and promoting animal disease control.
Director General– Dr Monique Eloit
Established in 1924 as OIE.
Headquarters– Paris, France

24. Which of the following rivers ‘does Not’ belong to the Indus river basin?
1) Beas
2) Chenab
3) Jhelum
4) Ravi
5) Kosi
Answer- 5) Kosi
Explanation:
The Indus river basin has six rivers- Indus, Jhelum, Chenab, Ravi, Beas and Sutlej.
• These rivers originate from Tibet and flow through the Himalayan ranges to enter Pakistan,
ending in the south of Karachi.
Note- The Indus Waters Treaty (IWT) prescribed how water from the six rivers of the Indus River
System would be shared between India and Pakistan. The IWT was signed by former Prime Minister
Jawaharlal Nehru and then President of Pakistan, Ayub Khan along with former Vice President of the
World Bank, W.A.B. Iliff.
• It allocated the three western rivers—Indus, Chenab and Jhelum—to Pakistan for unrestricted
use.
• The three Eastern rivers—Ravi, Beas and Sutlej—were allocated to India for unrestricted
usage.

25. Which of the following is India's first cryptocurrency?

1) ChainLink
2) Bitcoin
3) Tether
4) GanderCoin
5) LiteCoin
Answer- 4) GanderCoin
Explanation:
India's first and foremost cryptocurrency, GanderCoin, launched in the market on May 30, 2022.
Currently, GanderCoin is listed on three major Indian crypto trading platforms- CoinCRED, COINLORD,
and iNDOEX.
i. GanderCoin is a native digital coin of India and has been developed with the motive to provide a
great experience of blockchain technology and digital currencies to the Indians. It has also planned to
shower its benefit on various Indian trading platforms.

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26. In October 2022, Astronomers discovered the heaviest element ever found in an exoplanet
atmosphere, ‘barium’.
What is the atomic number of Barium?
1) 8
2) 24
3) 31
4) 40
5) 56
Answer- 5) 56
Explanation:
Barium is a chemical element with the symbol Ba and atomic number 56. It is the fifth element in
group 2 and is a soft, silvery alkaline earth metal. Because of its high chemical reactivity, barium is
never found in nature as a free element.
i. Astronomers have discovered the heaviest element ever found in an exoplanet atmosphere, barium.
They were surprised to discover barium at high altitudes in the atmospheres of the ultra-hot gas
giants WASP-76 b and WASP-121 b two exoplanets, planets which orbit stars outside our Solar
System.

27. Which of the following is ‘not’ a type of prospectus according to the companies act 2013?
1) Abridged Prospectus
2) Deemed Prospectus
3) Red Herring Prospectus
4) Shelf Prospectus
5) Statutory Prospectus
Answer- 5) Statutory Prospectus
Explanation:
The prospectus is a legal document for market participants and investors to pursue, detailing the
features, prospects, and promise of a financial product. It is mandated by the law to be supplied to
prospective customers.
i. According to the companies act 2013, there are four types of prospectus, Abridged Prospectus,
Deemed Prospectus, Red Herring Prospectus, and Shelf Prospectus.
ii. IndiaFirst Life Insurance is all set to be the third insurance company to file a draft red herring
prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) for an initial public
offering (IPO) 2022, after Life Insurance Corporation and Go Digit Insurance.
iii. IndiaFirst Life insurance entered the insurance industry in 2009 as the 23rd private sector life
insurance company

28. The 74th Frankfurt Book Fair, the largest of its kind in the world, opened on 19th October
2022.
Frankfurt is the city of which country?
1) Denmark
2) Germany
3) France
4) Switzerland
5) Belgium

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Answer- 2) Germany
Explanation:
The 74th Frankfurt (Germany) Book Fair, the largest of its kind in the world, opened on 19th October
2022. The book fair is projected to draw roughly 4,000 exhibitors from 95 countries and regions.
i. Around 200 authors and creatives from Spain will present their books at the fair.

29. As per the National Oceanic and Atmospheric Administration (NOAA) report, September
2022 was the ________ warmest in 143 years.
1) 7th
2) 5th
3) 4th
4) 6th
5) 8th
Answer- 2) 5th
Explanation:
As per the National Oceanic and Atmospheric Administration (NOAA) report, September 2022 was
the fifth warmest in 143 years, with the recorded global average temperature rising by 0.88 degree
Celsius over the 20th century average.
i. With this, the US-based NOAA confirmed that 2022 could feature among the 10 warmest years ever
recorded on Earth.
ii. Higher than normal temperatures were recorded over Africa, north America, southern Asia,
Atlantic, and northern South America regions.

30. Kaveri Sankramana 2022 is a festival celebrated in ________.

1) Andhra Pradesh
2) Karnataka
3) Telangana
4) Kerala
5) Tamil Nadu
Answer- 2) Karnataka
Explanation:
Tula Sankramana/ Kaveri Sankramana is of great importance at the origin of Kaveri River near
Kodagu in Karnataka. Tula Sankramana 2022 was celebrated on October 18.
i. Kaveri Tula Sankramana day is famous for Theerthodbhava. It is a unique annual spectacle that
happens on the foothills of Brahmagiri Hills at Talakaveri in Coorg (Kodagu) in Karnataka.

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