Current Affairs Q&A PDF November 29 2022 by Affairscloud 1

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Current Affairs Q&A PDF – 29 NOVEMBER 2022
NATIONAL AFFAIRS

1. Which of the following organizations has recently (in Nov ‘22) organized a ‘CEO roundtable
on Sustainable Tourism’ in partnership with the Ministry of Tourism (MoT)?
1) United Nations Environment Program
2) Responsible Tourism Society of India
3) United Nations Educational, Scientific and Cultural Organization
4) Both 1 & 2
5) Both 1 & 3
Answer- 4) Both 1 & 2
Explanation:
The Ministry of Tourism (MoT), in partnership with the United Nations Environment Program
(UNEP) and Responsible Tourism Society of India (RTSOI) organised a ‘CEO roundtable on
Sustainable Tourism’ at We the Peoples Hall, UN House, 55 Lodhi Estate, New Delhi, Delhi.
i. The roundtable organised by MoT is in line with the National Strategy for Sustainable Tourism.

INTERNATIONAL AFFAIRS

2. Which country recently (in Nov ‘22) commenced the ‘Harimau Shakti -2022’, the annual joint
military exercise along with India?
1) Singapore
2) Indonesia
3) Sri Lanka
4) Thailand
5) Malaysia
Answer- 5) Malaysia
Explanation:
‘Harimau Shakti -2022’, the annual joint military exercise between India and Malaysia, commenced
on 28th November 2022, at Pulai, Kluang, Malaysia. The exercise will culminate on 12th December
2022.
i. Harimau Shakti has been held between the Indian and Malaysian Army since 2012.
ii. The joint exercise will enhance the level of defence co-operation between the Indian Army and the
Malaysian Army, and foster the bilateral relations between India and Malaysia.

BANKING AND FINANCE

3. Which of the following points is ‘Incorrect’ with respect to the recent (in Nov ‘22)
amendment of the Insurance Regulatory and Development Authority of India (IRDAI) for
registering insurance companies and investing in them?
1) Private equity (PE) funds can now directly put in money in insurance companies, and investment
by them through special purpose vehicles (SPVs) has been made optional.

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2) Corporate agents will be allowed to tie up with 9 insurers (up from three) & insurance marketing
firms can distribute products of 6 insurers (up from two) in each line of Life, General, and Health
insurance.
3) The solvency ratio was reduced from 0.50% to 0.20% for unit-linked plans of life insurers and from
0.20% to 0.15% for Pradhan Mantri Jan Dhan Yojana (PMJDY).
4) Promoters will be allowed to dilute their stake down to 26% on condition that the insurer has a
satisfactory solvency record for the preceding 5 years and is a listed entity.
5) A single investor taking 25% in an insurance company will be classified as an investor and any
investment more than that will make it a promoter.
Answer- 3) The solvency ratio was reduced from 0.50% to 0.20% for unit-linked plans of life
insurers and from 0.20% to 0.15% for Pradhan Mantri Jan Dhan Yojana (PMJDY).
Explanation:
The Insurance Regulatory and Development Authority of India (IRDAI) approved the amendments to
rules registering insurance companies and investing in them.
• It aims to enable policyholders, insurers and merchants to provide ‘insurance for
everyone by 2047’.
• Private equity (PE) funds can now directly put in money in insurance companies, and
investment by them through special purpose vehicles (SPVs) has been made optional.
• Now, corporate agents, including banks, will be allowed to tie up with 9 insurers (up from
three), and insurance marketing firms can distribute products of 6 insurers (up from two) in
each line of Life, General, and Health insurance.
• The solvency ratio was reduced from 0.80% to 0.60% for unit-linked plans of life insurers and
from 0.10% to 0.05% for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY).
• Promoters will be allowed to dilute their stake down to 26% on condition that the insurer has
a satisfactory solvency record for the preceding 5 years and is a listed entity.
• A single investor taking 25% in an insurance company will be classified as an investor and any
investment more than that will make it a promoter.

4. Which city’s Municipal Corporation has recently (in Nov ‘22) announced its plan to issue
India’s first municipal green bond for a solar power plant?
1) Kolkata
2) Lucknow
3) Pune
4) Indore
5) Gandhinagar
Answer- 4) Indore
Explanation:
The Indore Municipal Corporation (IMC) in Madhya Pradesh (MP) is planning to issue India’s first
municipal green bond (local government bond), aimed at retail investors, with the revenues going
toward funding a solar power plant.
i. It plans to sell 10-year bonds in December 2022 in order to raise up to Rs. 2.6 billion (USD 31.8
million).

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5. In November 2022, the Reserve Bank of India (RBI) holds the onboarding of Online
Merchants by which payment company?
1) Razorpay Software Private Ltd
2) Paytm Payments Services Ltd
3) CCAvenue Gateway Service Ltd
4) PayPal India Private Ltd
5) Cashfree Payments Private Ltd
Answer- 2) Paytm Payments Services Ltd
Explanation:
The Reserve Bank of India (RBI) has asked Paytm Payments Services Ltd’s (PPSL), the wholly-owned
subsidiary Paytm, to reapply for the authorization to provide payment aggregator (PA) services to
online merchants.
i. This means, PPSL has to resubmit the application within 120 calendar days for the PA services.
ii. In this regard, PPSL will not onboard new online merchants till the time approvals remain pending.

ECONOMY AND BUSINESS

6. In November 2022, S&P Global Ratings (S&P) lowered its projection for India’s GDP growth
to _______ for FY23.
1) 6.5%
2) 7.0%
3) 6.2%
4) 6.9%
5) 7.3%
Answer- 2) 7.0%
Explanation:
S&P Global Ratings (S&P) lowered its projection for India’s Gross Domestic Product (GDP) growth for
the current fiscal year 2022–2023 (FY23) downward to 7%, in its quarterly economic update for Asia-
Pacific.
i. In September 2022, S&P forecasted the Indian economy to grow 7.3% in 2022-23 and 6.5% in next
fiscal year (2023-24).
ii. S&P has also decreased its growth projection for 2023 from 6.5% to 6%.

7. Which airline has recently (in Nov ‘22) signed a unilateral codeshare partnership with Gulf
Air?
1) Saudia
2) Qatar Airways
3) Emirates
4) Etihad Airways
5) Lufthansa
Answer- 3) Emirates

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Explanation:
Emirates and Gulf Air have signed a unilateral codeshare partnership, with effect from December
2022, to offer easy connections and expanded choices for Gulf Air customers connecting to Dubai and
onwards to a host of Emirates destinations across Europe, Africa, South America and the Far East.
i. The agreement was signed on the 1st day of the Bahrain International Airshow – 9 to 11 November
2022.

AWARDS AND RECOGNITION

8. Which of the following points are ‘correct’ with respect to the “2022 UNESCO Asia-Pacific
Awards for Cultural Heritage Conservation”?
A) The “2022 UNESCO Asia-Pacific Awards for Cultural Heritage Conservation” were awarded
to 13 award-winning projects from 6 different countries across the Asia-Pacific region.
B) The “Award of Excellence” has been awarded to the heroic restoration of the Chhatrapati
Shivaji Maharaj Vastu Sangrahalaya (CSMVS) Museum in Mumbai, Maharashtra.
C) Under the Award of Distinction category, Stepwells of Golconda, Hyderabad (Telangana),
India won the Award.
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 “2022 UNESCO Asia-Pacific Awards for Cultural Heritage Conservation” (Heritage Awards) were
awarded to 13 award-winning projects from 6 different countries across the Asia-Pacific region.
• The 6 nations are Afghanistan, China, India, Iran, Nepal and Thailand.
i. The “Award of Excellence” in the “2022 UNESCO Asia-Pacific Awards for Cultural Heritage
Conservation” has been awarded to the heroic restoration of the Chhatrapati Shivaji Maharaj Vastu
Sangrahalaya (CSMVS) Museum in Mumbai, Maharashtra.
ii. Stepwells of Golconda, Hyderabad (Telangana), India won the Award of Distinction category.
iii. Domakonda Fort, Telangana, India and Byculla Station, Mumbai, India won the Award of Merit
category.

9. Which of the following projects has recently (in Nov ‘22) won the Gold Award under the
category “Excellence in Government Process Re-engineering for Digital Transformation” of the
National Awards for e-Governance (NAeG) 2021-2022?
1) AuditOnline
2) eGramSwaraj
3) SVAMITVA
4) Both 1 & 2
5) Both 2 & 3
Answer- 4) Both 1 & 2

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Explanation:
The e-Panchayat Mission Mode Project (eGramSwaraj and AuditOnline) of the Ministry of
Panchayati Raj (MoPR) won the Gold Award under the category “Excellence in Government Process
Re-engineering for Digital Transformation” of the National Awards for e-Governance (NAeG) 2021-
2022.
i. The 25th National Conference on e-Governance (NCeG) on 26th – 27th November, 2022 in Katra,
J&K was organised by the Department of Administrative Reforms & Public Grievances (DARPG) and
Ministry of Electronics & Information Technology (MeitY).
ii. 18 e-Governance initiatives at Central, State and District levels, Academic & Research Institutions
and Public Sector Undertaking were awarded with NAeG 2021-2022. This includes 9 gold and 9 silver.

10. Name the organization that has been recently (in Nov ‘22) honoured with the 17th edition
of BBVA Foundation Biodiversity Conservation Awards.
1) International Snow Leopard Trust
2) International Rhino Foundation
3) Cheetah Conservation Fund
4) Panthera Corporation
5) Save the Elephants
Answer- 1) International Snow Leopard Trust
Explanation:
International Snow Leopard Trust has been honoured with the 17th edition of BBVA Foundation
Biodiversity Conservation Awards for its role in supporting the Global Snow Leopard Ecosystem
Protection Program (GSLEP).
i. The Snow Leopard Trust is a Seattle-based non-profit that is the technical and financial partner of
the GSLEP Program.

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ACQUISITIONS & MERGERS

11. In November 2022, Max Financial Services Limited (MFSL), received approval from the
IRDAI to purchase the remaining ________ stake held by Mitsui Sumitomo Company Limited
(MSI) in Max Life Insurance Company.
1) 1.98%
2) 2.67%
3) 3.23%
4) 4.89%
5) 5.17%
Answer- 5) 5.17%
Explanation:
Max Financial Services Limited (MFSL), received approval from the Insurance Regulatory and
Development Authority of India (IRDAI) to purchase the remaining 5.17% stake held by Mitsui
Sumitomo Company Limited (MSI) in Max Life Insurance Company Limited (Max Life).
• After this acquisition, MFSL shareholding in Max Life will increase to 87%.

12. In November 2022, Castrol India Limited (CIL) was set to acquire a _________ stake in Ki
Mobility Solutions (KMS) for Rs 487.5 crore in an all-cash deal.
1) 6.87%
2) 5.12%
3) 7.09%
4) 9.20%
5) 8.24%
Answer- 3) 7.09%
Explanation:
Castrol India Limited (CIL) is set to acquire a 7.09% stake in Ki Mobility Solutions(KMS), a digital
subsidiary of TVS Automobile Solutions, with an investment of Rs 487.5 crore in an all-cash deal.
i. With this investment, CIL aims to expand its presence in service and maintenance for both internal
combustion engines (ICE) and electric vehicles (EV) and leverage myTVS’ digital and operational
capabilities.

SCIENCE AND TECHNOLOGY

13. The Indian Space Research Organization (ISRO) recently launched PSLV-C54, which carried
nine satellites, including India's Earth Observation Satellite -06 (EOS-06) and the INS-2B of
_______ country.
1) Bhutan
2) Nepal
3) Bangladesh
4) Japan
5) Australia
Answer- 1) Bhutan

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Explanation:
The Indian Space Research Organization (ISRO) successfully launched the Polar Satellite Launch
Vehicle (PSLV)-C54 rocket from First Launch Pad (FLP) Satish Dhawan Space Centre in Sriharikota,
Andhra Pradesh (AP).
• This is the 56th flight of PSLV, and the 24th Flight of the PSLV-XL version with 6 PSOM-XLs.
i. Satellites carried by PSLV-C54 rocket:
• It carried 9 satellites viz. India’s Earth Observation Satellite -06 (EOS-06), also known as
Oceansat-3, and the 8 nanosatellites viz. ISRO Nano Satellite-2 for Bhutan (INS-2B), Anand
Satellite, 4 Astrocast satellites, and 2 Thybolt satellites.
ii. INS-2B:
• Weighing 18.28 kgs, India-Bhutan SAT will provide high-resolution images to Bhutan for the
management of its natural resources. It is a collaborative mission between India and Bhutan.
• APRS-Digipeater, which is jointly developed by DITT (Department of Information Technology
& Telecom)-Bhutan and U R Rao Satellite Centre (URSC), Bengaluru (Karnataka).

14. In November 2022, the third of the four Survey Vessels (Large) (SVL) Project ‘Ikshak’ was
launched at Larsen and Toubro (L&T)' s Kattupalli facility in Chennai, Tamil Nadu.
Name the company that has been building the "Ikshak" along with L&T for the Indian Navy.
1) Mazagon Dock Shipbuilders
2) Garden Reach Shipbuilders & Engineers
3) Cochin Shipyard Limited
4) Hindustan Shipyard Limited
5) Goa Shipyard Limited
Answer- 2) Garden Reach Shipbuilders & Engineers
Explanation:
‘Ikshak’ the third of the four Survey Vessels (Large) (SVL) Project was launched at Larsen and Toubro
(L&T)' s Kattupalli facility in Chennai, Tamil Nadu. It is being built by Garden Reach Shipbuilders &
Engineers Ltd (GRSE) and Larsen and Toubro (L&T) for the Indian Navy.
i. SVL ships will replace the existing Sandhayak Class survey ships with new generation hydrographic
equipment to collect oceanographic data.
ii. The SVL ships are 110 m long, and 16 m wide with a deep displacement of 3400 tons and a
complement of 231 personnel.

15. Which space-tech start-up has recently (in Nov ‘22) inaugurated India’s first-ever
launchpad & Mission Control Center at Satish Dhawan Space Center (SDSC), Sriharikota?
1) Skyroot Aerospace
2) Bellatrix Aerospace
3) Pixxel
4) Agnikul Cosmos
5) Dhruva Space
Answer- 4) Agnikul Cosmos
Explanation:
AgniKul Cosmos Private Limited, a chennai-based space-tech start-up inaugurated India’s first-
ever launchpad that is designed and operated by a private player at Satish Dhawan Space Center
(SDSC), Sriharikota.

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i. It has two sections including the Agnikul launchpad (ALP) and the Agnikul mission control center
(AMCC).
ii. The facility was inaugurated by S Somanath, Chairman of Indian Space Research Organisation
(ISRO) and designed by Agnikul and executed in support of ISRO and Indian National Space Promotion
and Authorization Center (IN-SPACe).

16. Name the spacecraft of NASA for the Artemis I Moon Mission that has recently (in Nov
‘22) placed into lunar orbit (Moon).
1) Apollo spacecraft
2) CAPSTONE spacecraft
3) Surveyor 1 spacecraft
4) Kosmos 300 spacecraft
5) Orion spacecraft
Answer- 5) Orion spacecraft
Explanation:
The Orion spacecraft for the Artemis I Moon Mission has been successfully placed into lunar orbit by
the National Aeronautics and Space Administration (NASA), the United States (US) agency.
• Orion will fly approximately 40,000 miles (64,400 km) above the moon.
i. Orion was placed into a distant retrograde orbit by NASA’s Johnson Space Center (Houston, US)
flight controllers by firing the orbital maneuvering system engine for 1 minute, 28 seconds.

17. Which organisation’s Dragon cargo spacecraft was successfully docked to the International
Space Station (ISS) to deliver fresh supplies in November 2022?
1) SpaceX
2) National Aeronautics and Space Administration
3) European Space Agency
4) Indian Space Research Organisation
5) Canadian Space Agency
Answer- 1) SpaceX
Explanation:
An unmanned SpaceX Dragon cargo spacecraft successfully docked to the International Space
Station (ISS) to deliver more than 7,700 pounds of research, hardware, new solar wings, and fresh
supplies
i. The SpaceX freighter launched atop a Falcon 9 rocket took off from NASA’s Kennedy Space Center in
Florida, USA and the spacecraft contains over 3.5 tonnes (7,700 pounds) of cargo, including food,
supplies for scientific experiments and hardware.
ii. Dragon’s current mission is called CRS-26, because it is the 26th robotic cargo flight that SpaceX is
flying to the ISS for NASA.

SPORTS

18. In November 2022, Canada won its first ever Davis Cup title by defeating which country?
1) Australia
2) Italy
3) Croatia
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4) Spain
5) Netherlands
Answer- 1) Australia
Explanation:
Canada defeated Australia (2-0) to win its first ever Davis Cup title after World No 6. Felix Auger-
Aliassime and Denis Shapovalov of Canada defeated Australia’s Alex De Minaur and Thanasi
Kokkinakis in the Singles match in the finals of Davis Cup 2022.
i. The Davis Cup 2022 by Rakuten was held from 13 to 18 September and from 22 to 27 November
2022 in Malaga, Spain.
ii. The Davis Cup 2022, the 110th Edition of the tournament, witnessed the participation of 28
countries.

IMPORTANT DAYS

19. The _________ Raising Day of National Cadet Corps (NCC) was observed across India on 27th
October 2022.
1) 72nd
2) 74th
3) 71st
4) 76th
5) 70th
Answer- 2) 74th
Explanation:
National Cadet Corps (NCC), the world’s largest uniformed youth organisation raised in 1948,
annually celebrates its raising day on the 4th Sunday of November.
i. The 27th October 2022, marks the observance of NCC’s 74th Raising Day.
ii. On the occasion of the 74th NCC Raising Day, Giridhar Aramane, Defence Secretary laid a wreath
and paid homage to the fallen heroes on behalf of the entire NCC fraternity at National War Memorial,
New Delhi, Delhi.

STATE NEWS

20. Which state has recently (in Nov ‘22) launched the ‘Har Ghar Ganga Jal project’?
1) Uttarakhand
2) Gujarat
3) Uttar Pradesh
4) Bihar
5) Andhra Pradesh
Answer- 4) Bihar
Explanation:
Bihar Chief Minister (CM) Nitish Kumar launched the ‘Har Ghar Ganga Jal project’ with an outlay of
Rs. 4,174 crores at International Convention Centre, Rajgir, Bihar.
i. He also inaugurated the water purification plant and water pump house at Montaje in Nawada
District, Bihar.

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ii. Har Ghar Gangajal, a part of the Bihar government’s Jal, Jeevan, Hariyali scheme, is a unique and
ambitious initiative to provide Ganga water on tap in the parched areas of Bihar.

CA STATIC GK

21. Which Schedule in the Indian Constitution that contains provisions relating to Municipal
Bodies?
1) 12th Schedule
2) 10th Schedule
3) 11th Schedule
4) 9th Schedule
5) 7th Schedule
Answer- 1) 12th Schedule
Explanation:
The Comptroller and Auditor General of India (CAG) has decided to audit the urban local bodies
(ULBs) to bring out the performance of these authorities in the context of the 74th constitutional
amendment carried out in early 1990s and respective state Acts.
i. The 74th constitutional amendment was introduced in Parliament in 1991 and enacted in 1993. It
introduced a new part 'IXA' in the Constitution, which deals with the issues relating to municipalities
and added the 12th Schedule.
ii. It provided for three types of municipalities -- Nagar Panchayat, Municipal Council, and Municipal
Corporation depending upon the size and area.

22. Name the Institute that has recently (in Nov ‘22) partnered with the Australian Universities
to launch “Australia-India Centre for Energy”.
1) Indian Institute of Science
2) IIT Delhi
3) IIT Madras
4) IIT Bombay
5) IIT Kanpur
Answer- 3) IIT Madras
Explanation:
The Indian Institute of Technology (IIT), Madras is partnering with Australian Universities to launch
“Australia-India Centre for Energy” to work on UN Sustainable Development Goals (SDGs).
i. The AICE aims to promote collaboration among universities, research institutes and industry from
both countries in the energy domain.
ii. The virtual Centre will be launched during the two-day Energy Summit 2022 hosted by IIT Madras
in December.

23. Which company has recently (in Nov ‘22) extended their long term contract worth USD 1
billion with GE Aerospace for production and supply of several commercial aircraft engine
components?
1) Tata Advanced Systems Limited
2) BrahMos Aerospace
3) Lockheed Martin India Limited
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4) Boeing
5) Hindustan Aeronautics Limited
Answer- 1) Tata Advanced Systems Limited
Explanation:
GE Aerospace and Tata Advanced Systems Ltd have extended their long term contract worth USD 1
billion for production and supply of several commercial aircraft engine components.
i. The engine parts will be manufactured at the Tata Centre of Excellence for Aero Engines (Tata-
TCoE).

24. In November 2022, Spanish carmaker SEAT plans to build Spain's first electric car battery
plant.
What is the capital of Spain?
1) Lisbon
2) Madrid
3) Belgrade
4) Stockholm
5) Bern
Answer- 2) Madrid
Explanation:
The Capital of Spain is Madrid and the currency is Euro.
i. Spanish carmaker SEAT plans to build Spain's first electric car battery plant as part of a 10-billion-
euro investment in the country's electric car initiative.
ii. SEAT, which is part of the Volkswagen Group, plans to build the battery plant in Sagunto, a town
near the eastern city of Valencia.

25. Name the Indian-origin academician who has been named (in Nov ‘22) as the next
President of Massachusetts-based private research institution Tufts University?
1) Vijay Prashad
2) Anurag Agrawal
3) Ishwar Puri
4) Sunil Kumar
5) Aravind Joshi
Answer- 4) Sunil Kumar
Explanation:
Eminent Indian-origin academician Sunil Kumar has been named as the next President of
Massachusetts-based private research institution Tufts University.
i. He is Provost and Senior Vice President for Academic Affairs at Johns Hopkins University and will
succeed President Anthony Monaco as Tufts’ 14th president on July 1, 2023.

26. Who authored the book, ‘South vs North, India’s Great Divide’?
1) Nilakantan RS
2) Devaki Nilayamgode
3) K. R. Meera
4) Jayakanthan
5) Meena Kandasamy

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Answer- 1) Nilakantan RS
Explanation:
The book, South vs North, India’s Great Divide, written by Nilakantan RS, takes this discussion
forward by summing all the arguments that the opposition-ruled States, particularly Tamil Nadu, have
against the Centre’s federal policies
i. The book is divided into three parts, with the first part taking stock of the divergence between the
northern and southern States in terms of development metrics like health, education and economic
prospects.

27. Which of the following countries does ‘Not’ border the South China Sea?
1) Singapore
2) Indonesia
3) Brunei
4) Malaysia
5) Taiwan
Answer- 1) Singapore
Explanation:
The South China Sea lies just south of the Chinese mainland and is bordered by the countries of
Brunei, China, Indonesia, Malaysia, Philippines, Taiwan and Vietnam.

28. Which state will host the Track Asia Cup 2022 Cycling Tournament?
1) Gujarat
2) Karnataka
3) Tamil Nadu
4) Kerala
5) Andhra Pradesh
Answer- 4) Kerala
Explanation:
Kerala is set to host the Track Asia Cup 2022 Cycling Tournament. Track Asia Cup is one of the
biggest cycling events and will be held at LNCPE Outdoor Velodrome from 25th November 2022 to
28th November 2022.
i. In the Track Asia Cup 2022, around 200 cyclists will participate from over 25 countries in Asia.

29. Akanksha Vyavahare, _______ -based weightlifter, has created three new national records in
the 40 kg weight category at the Khelo India National Ranking Women’s Weightlifting
Tournament.
1) Maharashtra
2) Uttar Pradesh
3) Madhya Pradesh
4) Punjab
5) Haryana
Answer- 1) Maharashtra

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Explanation:
Akanksha Vyavahare, who is a Maharashtra-based weightlifter, has created three new national
records in the 40 kg weight category at the Khelo India National Ranking Women’s Weightlifting
Tournament.
i. Akanksha Vyavahare was also a part of the Target Olympics Podium Scheme and created records in
snatch, clean and jerk, and total.

30. When was Zojila Day 2022 commemorated at Zojila War Memorial near Drass, Gumri?
1) 3rd November 2022
2) 5th November 2022
3) 1st November 2022
4) 4th November 2022
5) 2nd November 2022
Answer- 3) 1st November 2022
Explanation:
Zojila Day was commemorated on 1st November 2022, at Zojila War Memorial near Drass, Gumri.
Zojila Day is observed to celebrate the gallant action by Indian troops in ‘Operation Bison’ in 1948
which was launched on the icy heights of Zojila pass, the gateway to Ladakh.

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