3rd December Current Affairs : Vision IAS Current Affairs
3rd December Current Affairs -Vision IAS Current Affairs 2022: Vision IAS Current Affairs is one of the most important topics of any government exams like UPSC, SSC, SBI, IBPS, RBI, LIC, RRB, AAI, DRDO, ISRO, NTR, FSSAI, CWC, LIC, SSC CGL, etc. All aspirants who are preparing for these government exams must go through Vision IAS Current Affairs 2022 questions. Keep reading Vision IAS Current Affairs on daily basis on our website www.studyvirus.com. Here we are providing Vision IAS Current Affairs mcqs for all the aspirants who are looking for Daily Current Affairs 2022.
Most of the aspirants are always looking for Vision IAS Current Affairs and GK Questions because they know these Current Affairs and GK Questions have very good weightage in several government exams. We are providing Vision IAS Current Affairs and GK Questions of all topics in GK Question Answer Form. We are providing GK Questions in Hindi and GK Question Answer in English
NATIONAL AFFAIRS
1. The 12th edition of Agni Warrior (XAW) 2022, a bilateral exercise between the _______ Armed Forces & Indian Army (IA) conducted at Maharashtra In November 2022.
1) Singapore
2) France
3) United States of America
4) Indonesia
5) Sri Lanka
Option “1” is correct. The 12th edition of Agni Warrior (XAW) 2022, a bilateral exercise between the Singapore Armed Forces (SAF) & Indian Army (IA) was held at Field Firing Ranges, Devlali in Maharashtra from November 13 – 30, 2022. i. The closing event was witnessed by Wong Wie Kuen, High Commissioner of Singapore to India & Lieutenant General S Harimohan Iyer, Commandant, School of Artillery along with other dignitaries from Singapore & serving officers from both armies. ii. The exercise culminated in a joint live-firing exercise involving the Singapore Armed Forces’ (SAF) Singapore Light Weight Howitzer, Field Artillery Meteorological System, and the Indian Army’s 155mm Field Howitzer 77B.
2. Who has recently (in Dec ‘22) launched ‘Digi Yatra’ for three airports in India namely New Delhi, Varanasi (Uttar Pradesh), and Bengaluru (Karnataka)?
1) Narendra Modi (Prime Minister of India)
2) Amit Shah (Union Minister of Home Affairs)
3) Jyotiraditya Scindia (Union Minister of Civil Aviation)
4) Jitendra Singh (MoS of S & T)
5) Nitin Jairam Gadkari (Union Minister of Road Transport and Highways)
Option “3” is correct. Union Minister Jyotiraditya Scindia, Ministry of Civil Aviation (MoCA) launched ‘Digi Yatra’ from the Indira Gandhi International (IGI) Airport in New Delhi (Delhi) for three airports in India, namely New Delhi, Varanasi (Uttar Pradesh), and Bengaluru (Karnataka). i. Digi Yatra was designed to use Facial Recognition Technology (FRT) to achieve contactless, seamless passenger processing at airports. ii. In the initial phase, Digi Yatra will be introduced in 7 airports, starting with the first 3: Delhi, Bengaluru, and Varanasi. • It will be followed by 4 airports by March 2023: Hyderabad (Telangana), Kolkata (West Bengal), Pune (Maharashtra), and Vijayawada (Andhra Pradesh).
3. Name the Kites that were trained by the Indian Army forces (in Dec ‘22)to destroy enemy drones.
1) Vidhya
2) Krishna
3) Vela
4) Arjun
5) Vijay
Option “4” is correct. Indian Army forces are training Kites to prey on enemy drones in a first-of-its-kind operation. The military conducts operations with trained birds and dogs.Indian army used a kite named ‘Arjun’. i. During the ongoing joint training exercise Yudh Abhyas in Auli, Uttarakhand, the Indian Army showed the use of Kites to prey on hostile drones. ii. With the kite-dog combination, the dog used its sensory skills to identify the location of a drone and, subsequently, the kite was launched to bring it down.
BANKING AND FINANCE
4. Which of the following points are ‘correct’ with respect to the recent (in Dec ‘22) step taken by the Reserve Bank of India (RBI)?
A) RBI revises Framework of Categorization of Urban Co-operative Banks (UCBs) for Regulatory Purposes w.e.f December 1, 2022.
B) RBI also eases rules for foreign branches or subsidiaries of banks or All India Financial Institutions (AIFIs) to deal in financial products that are not permitted in India w.e.f. December1, 2022.
C) Letters of cooperation were exchanged between the RBI and Financial Services Agency (FSA), Japan in the field of Central CounterParties (CCPs) to improve mutual cooperation.
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C
5) All A, B & C
Option “5” is correct. The Reserve Bank of India (RBI) revises Framework of Categorization of Urban Co-operative Banks (UCBs) for Regulatory Purposes. This revision will be applicable to all Primary (Urban) Co-operative Banks w.e.f December 1, 2022. • RBI has adopted the following four-tiered regulatory framework from the existing two-tiered framework, for categorization of UCBs in order to strengthen the financial soundness of the UCBs. • RBI prescribed a minimum net worth of Rs 2 crore for Tier-1 UCBs operating in single districts, and Rs 5 crore for all other UCBs. i. RBI also eases rules for foreign branches or subsidiaries of banks or All India Financial Institutions (AIFIs) to deal in financial products that are not permitted in India w.e.f. December 1, 2022. ii. Letters of cooperation were exchanged between the RBI and Financial Services Agency (FSA), Japan in the field of Central CounterParties (CCPs) to improve mutual cooperation.
5. 7. Which bank has recently (in Dec ‘22) launched a STACK for companies in the real estate sector?
1) ICICI Bank
2) HDFC Bank
3) Axis Bank
4) YES Bank
5) IndusInd Bank
Option “1” is correct. ICICI Bank Limited launched a STACK for companies in the real estate sector to offer solutions to their banking requirements on one platform. i. ICICI Bank is the first bank in the industry to offer real estate specific STACK to provide unparalleled convenience to the companies in the real estate sector. ii. The STACK is a combination of digital and physical solutions that enables participants of the real estate sector including builders, Real Estate Investment Trusts (REITs) and Alternate Investment Funds (AIFs) to undertake banking transactions efficiently.
6. Name the company that has recently (in Nov ‘22) “Interbank Rate Forex Card”, India’s first true Zero Markup Travel Card.
Option “2” is correct. Online foreign exchange marketplace BookMyForex.com launched Interbank Rate Multi-Currency Forex Card which is India’s first true zero markup travel card. It is a co-branded multi-currency card developed in association with Yes Bank, and M2P Fintech. It is powered by Visa. i. During regular banking hours, International travelers will be able to buy Forex Cards at Interbank Rates with zero added markup i.e. the live & actual rates as seen on search engines at which banks deal with each other for major currencies.
7. Name the company that has recently (in Nov ‘22) become 1st company to file a confidential Draft Red Herring Prospectus (DRHP) with the SEBI for its Initial Public Offering (IPO).
1) NDTV
2) Tata Play
3) Republic TV
4) StarPlus
5) India TV
Option “2” is correct. Tata Play (formerly Tata Sky), has become the 1st company to file a confidential Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO). i. It will be the Tata group’s 1st IPO in 2 decades. The group last entered the primary market through TCS in 2004.
8. Which bank has recently (in Dec ‘22) launched Foreign Currency Loan against INR Deposits Indian Companies?
1) Bank of India
2) Union Bank of India
3) Indian Bank
4) Bank of Baroda
5) Canara Bank
Option “4” is correct. Bank of Baroda (BoB) has launched Foreign Currency Loan against INR Deposits of Indian Companies for their Overseas Subsidiaries/Joint Ventures in Gujarat International Finance Tec-City (GIFT City) branch in Gandhinagar, Gujarat. i. It provides an alternative facility for the Indian companies to raise funds for their international businesses. ii. BoB is the first bank to offer this facility at GIFT City.
9. Name the Mutual Fund that has recently (in Dec ‘22) India’s first passive tax saver fund, IN50.
1) HDFC Mutual Fund
2) Edelweiss Mutual Fund
3) IIFL Mutual Fund
4) Axis Mutual Fund
5) SBI Mutual Fund
Option “3” is correct. IIFL Mutual Fund has launched India’s first passive tax saver fund, IIFL Equity-Linked Savings Scheme (ELSS) Nifty 50 Tax Saver Index Fund (IN50), which will be on sale through New Fund Offering (NFO). i. Parijat Garg is the dedicated Fund Manager for the IIFL ELSS Nifty 50 Tax Saver Index Fund. ii. The scheme was launched after the capital market regulator, Securities and Exchange Board of India (SEBI), allowed fund houses to launch passive funds in May 2022.
10. Which bank has recently (in Dec ‘22) authorized to enable Goods and Services Tax (GST) Payments?
1) IndusInd Bank
2) Axis Bank
3) Kotak Mahindra Bank
4) ICICI Bank
5) City Union Bank
Option “5” is correct. The Goods and Services Tax (GST) Network, under the auspices of the GST Council, has listed City Union Bank (CUB), an old private-sector institution, as one of the banks that can pay GST. i. CUB’s digital solutions include digital signatures, QR codes, Video KYC, and digital payment solutions such as UPI 123pay, payment on the go using wearables, increased payment limit for online transactions, and soft launch of voice biometric verification for mobile banking.
INTERNATIONAL AFFAIRS
11. Which country has recently (in Dec ‘22) signed an MoU with India to enhance the professional practices between two countries?
1) Brazil
2) Chile
3) Germany
4) Japan
5) Argentina
Option “2” is correct. The Comptroller and Auditor General (CAG) of India and the Comptroller General of the Republic of Chile signed an MoU to develop institutional and professional capacities and learn from each other’s best practices in Santiago, Chile. i. The MoU was formally signed by Girish Chandra Murmu, CAG of India, and Jorge Bermudez Soto, the Comptroller General of the Republic of Chile.
ECONOMY AND BUSINESS
12. IDFC AMC to be renamed as Bandhan AMC and IDFC Mutual Fund to be renamed as Bandhan Mutual Fund, as ____________ approval the change in Ownership in November 2022.
1) Insurance Regulatory and Development Authority
2) Reserve Bank of India
3) Securities and Exchange Board of India
4) Small Industries Development Bank of India
5) Life Insurance Corporation
Option “3” is correct. On 30th November 2022, the Securities and Exchange Board of India (SEBI) approved the Bandhanled consortium’s proposed acquisition of IDFC Asset Management Company. i. Bandhan Financial Holdings GIC and ChrysCapital formed a consortium to purchase IDFC AMC and IDFC AMC Trustee Company from parent IDFC for Rs 4,500 crore. After the transaction, BFHL will own around 60% of IDFC AMC, while GIC and ChrysCapital will each possess 20%. ii. After the acquisition, IDFC AMC will be renamed Bandhan AMC and IDFC Mutual Fund is proposed to be renamed Bandhan Mutual Fund.
APPOINTMENTS AND RESIGNATIONS
13. Name the country that has assumed the presidency of the United Nations Security Council (UNSC) for the month of December 2022.
1) Brazil
2) India
3) Kenya
4) Norway
5) Ghana
Option “2” is correct. India assumed the Presidency of the United Nation Security Council (UNSC) for the month of December, the second time in its two-year tenure as an elected member of the Council in 2021-22. i. India had earlier assumed the UNSC Presidency in August 2021. ii. During India’s Presidency, two high-level signature events will be held on 14th December 2022 on Reformed Multilateralism and 15th December 2022 on Reformed Multilateralism and will be chaired by External Affairs Minister S Jaishankar.
AWARDS AND RECOGNITION
14. Which of the following points are ‘Incorrect’ with respect to the “2022 Burgundy Private Hurun India 500,” published in December 2022?
A) Reliance Industries Limited (RIL) is the most valuable listed company in India, with a valuation of Rs 17.2 lakh crore followed by Tata Consultancy Services (TCS).
B) Infosys Limited (Infosys) is the largest private employer in India, which employs 5,92,195 people, followed by Tata Consultancy Services (TCS).
C) Serum Institute of India (SII) is the most valued unlisted company in India, followed by BYJU’s.
1) Only A
2) Only B
3) Only C
4) Only A & B
5) Only B & C
Option “2” is correct. The “2022 Burgundy Private Hurun India 500,” the second edition of the list that ranks the 500 most valuable firms in India, was published by Burgundy Private, Axis Bank’s Private Banking Business, and Hurun India. • The cut-off date for this list was October 30, 2022. i. According to the list, Reliance Industries Limited (RIL) is the most valuable listed company in India, with a valuation of Rs 17.2 lakh crore, up 3.6% from 2021 followed by Tata Consultancy Services (TCS) and HDFC Bank. ii. Tata Consultancy Services (TCS), which employs 5,92,195 people, is the largest private employer in India followed by Quess Corp Limited (Quess). iii. The pharmaceutical company Serum Institute of India (SII) is the most valued unlisted company in India, followed by edtech (education technology) giant BYJU’s.
15. Name the platform that has recently (in Dec ‘22) won the Best Tech Initiative of the Year at the Dun & Bradstreet Business Excellence Awards 2022.
Option “3” is correct. The Manthan platform, powered by NSEIT, won the Best Tech Initiative of the Year at the Dun & Bradstreet Business Excellence Awards 2022 during the ‘Business Enterprises of Tomorrow 2022’ event in Mumbai, Maharashtra. • The theme for the Business Enterprises of Tomorrow 2022 event is ‘Time for India’s New-Age Entrepreneurship’. i. Dr Sapna Poti, Director of Strategic Alliances Division, Office of Principal Scientific Adviser (PSA) to the Government of India and Anantharaman Sreenivasan, Managing Director (MD) & Chief Executive Officer (CEO), NSEIT, received the Award. ii. The Dun & Bradstreet small and mid-size enterprise (SME) and Mid-Corporate ‘Business Excellence Awards 2022’ is an effort to recognise and celebrate the accomplishments and excellent performances of SMEs and Mid-Corporates.
16. In December 2022, The Kamaladevi Chattopadhyay NIF Book Prize 2022 was awarded to ‘The Chipko Movement: A People’s Movement’, authored by whom?
Option “1” is correct. The Kamaladevi Chattopadhyay NIF Book Prize 2022 was awarded to ‘The Chipko Movement: A People’s Movement’, a book on the popular forest conservation campaign Chipko Movement written by a historian and an activist Shekhar Pathak. • The New India Foundation has been awarding the annual Kamaladevi Chattopadhyay NIF Book Prize. i. The book, ‘The Chipko Movement: A People’s Movement’, has been translated from Hindi to English by Manisha Chaudhry. ii. The 2022 was the 5th edition of the Kamaladevi Chattopadhyay NIF Book Prize.
ACQUISITIONS & MERGERS
17. In December 2022, the RBI granted a conditional approval to the Carlyle Group and Verventa Holdings to acquire 9.99% Stake each in which bank?
1) ICICI Bank
2) HDFC Bank
3) Axis Bank
4) YES Bank
5) IDBI Bank
Option “4” is correct. The Reserve Bank of India (RBI) has granted a conditional approval to the Carlyle Group and Verventa Holdings to acquire 9.99% of paid up share capital each in YES Bank through subscription to equity shares and share warrants of the Bank. i. The proposed investment is by CA Basque investments, which is a part of the Carlyle Group and Verventa Holdings, an affiliate of funds managed by Advent.
18. When was National Pollution Control Day 2022 observed across India?
1) 28th November 2022
2) 29th November 2022
3) 30th November 2022
4) 1st December 2022
5) 2nd December 2022
Option “5” is correct. National Pollution Control Day 2022, also known as “National Pollution Prevention Day”, was observed across India on 2nd December 2022 to honour and commemorate the people who lost their lives in the Bhopal Gas Tragedy on the 2nd and 3rd of December 1984. • 2nd December 2022 marks the 38th anniversary of the Bhopal Gas Tragedy. • India’s 1st major industrial disaster, the Bhopal Gas Tragedy, was a gas leak from the Union Carbide Plant in Bhopal, Madhya Pradesh, on December 2nd and 3rd, 1984. • The insecticide plant owned by Union Carbide India Limited (UCIL), the Indian division of the American company Union Carbide Corporation, released about 45 tonnes of the hazardous chemical Methyl isocyanate (MIC).
19. The _________ World Computer Literacy Day was observed on 2nd December 2022.
1) 22nd
2) 25th
3) 23rd
4) 20th
5) 21st
Option “1” is correct. The 22nd World Computer Literacy Day was observed on 2nd December 2022 to raise public knowledge of computers and encourage the development of technological skills, particularly among children and women in India. i. The day aims to promote digital literacy and raise awareness in underserved communities across the globe. ii. The 1st World Computer Literacy Day was observed on 2nd December 2001 and established by an Indian computer company, the National Institute of Information Technology (NIIT) to mark its 20th anniversary
20. When was United Nations (UN)’s International Day for the Abolition of Slavery 2022 observed across the globe?
1) 28th November 2022
2) 1st December 2022
3) 2nd December 2022
4) 30th November 2022
5) 29th November 2022
Option “3” is correct. United Nations (UN)’s International Day for the Abolition of Slavery 2022 was observed across the globe on 2nd December 2022 to raise public awareness of the need to combat modern forms of slavery such as child labour, human trafficking, and sexual exploitation, forced marriage, and the forced recruitment of children for use in armed conflict. i. The day aims to abolish modern-day forms of slavery.
CA STATIC GK
21. Who has recently (in Nov ‘22) won the Best Director award at the New York Film Critics Circle awards 2022?
Option “5” is correct. SS Rajamouli has won the Best Director award for ‘ Rise Roar Revolt (RRR)’ at the New York Film Critics Circle awards. i. The New York Film Critics Circle, founded in 1935, is said to be the oldest critics group in the US with members from newspapers, magazines and online publications.
22. Prime Minister (PM) Narendra Modi has paid tributes to former President of India, Dr. Rajendra Prasad, on his birth anniversary (3rd December 2022). In which year Dr. Rajendra Prasad was awarded the Bharat Ratna?
1) 1965
2) 1960
3) 1959
4) 1962
5) 1964
Option “4” is correct. Prime Minister (PM) Narendra Modi has paid tributes to former President Dr. Rajendra Prasad on his birth anniversary (3rd December 2022). i. Dr Rajendra Prasad was the first President of the Republic of India. He was born on December 3, 1884 in Siwan district of present-day Bihar and died on February 28, 1963. ii. Dr. Rajendra Prasad was awarded the Bharat Ratna in 1962.
23. In December 2022, Indian Naval Ships, Shivalik and Kamorta which are forward deployed in the South China Sea are in Ho Chi Minh City, ___________.
1) Philippines
2) Vietnam
3) China
4) Malaysia
5) Indonesia
Option “2” is correct. Indian Naval Ships, Shivalik and Kamorta which are forward deployed in the South China Sea are in Ho Chi Minh City, Vietnam. The ships would be undertaking numerous professional interactions with the Vietnam People’s Navy during the visit. i. The visit is part of the bilateral defence cooperation activities to further enhance the robust ties between the two navies as also to mark the 50th anniversary of diplomatic relations between India and Vietnam. ii. The visiting Indian Naval ships Shivalik and Kamorta form part of the Indian Navy’s Eastern Fleet based at Visakhapatnam.
24. As of December 2022, who is India’s permanent representative to the United Nations (UN)?
1) T. S. Tirumurti
2) Syed Akbaruddin
3) Indra Mani Pandey
4) Ruchira Kamboj
5) Kamalesh Sharma
Option “4” is correct. About United Nation Security Council (UNSC): India’s permanent representative to UN – Ruchira Kamboj Headquarters – New York, United States Establishment – 1945
25. The Comptroller and Auditor General (CAG) of India will be appointed by whom?
1) Speaker of Lok Sabha
2) Vice President of India
3) Chief Justice of India
4) President of India
5) Prime Minister of India
Option “4” is correct. The Comptroller and Auditor General (CAG) of India is the head of the Supreme Audit Institution of India (SAI India) and performs his constitutional duties through the Indian Audit and Accounts Department (IAAD). i. The CAG of India is an independent jurisdiction constituted by Article 148 of the Indian Constitution. ii. Article 148: There shall be a Comptroller and Auditor-General of India who shall be appointed by the President of India by warrant under his hand and seal and shall only be removed from office in like manner and on like grounds as a Judge of the Supreme Court.
26. Who was recently (in Dec ‘22) appointed as chairperson of National Commission for Backward Classes (NCBC)?
Option “4” is correct. Former Union minister Hansraj Ahir vowed to work towards the welfare of backward classes after assuming charge as chairperson of the National Commission for Backward Classes (NCBC). i. Hansraj Ahir (68) was Minister of State for Home Affairs and Minister of State for Chemicals and Fertilizers from 2014-19.
27. In which year ‘Sundar Pichai’ received Padma Bhushan award in the field of Trade and Industry?
1) 2022
2) 2021
3) 2020
4) 2019
5) 2018
Option “1” is correct. Google and Alphabet CEO Sundar Pichai was awarded the Padma Bhushan – India’s third-highest civilian award – for 2022 in the Trade and Industry category in the presence of his close family members in San Francisco. i. India’s Ambassador to the US Taranjit Singh Sandhu handed over the award to Sundar Pichai.
28. Which ministry has recently (in Dec ‘22) inaugurated 3- day “Swar Dharohar Festival” under Kalanjali along with “Swar Dharohar Foundation,” in New Delhi, Delhi?
1) Ministry of Minority Affairs
2) Ministry of Home Affairs
3) Ministry of Culture
4) Ministry of Tribal Affairs
5) Ministry of Tourism
Option “3” is correct. The Ministry of Culture, Government of India in collaboration with “Swar Dharohar Foundation,” inaugurated a three day “Swar Dharohar Festival” under Kalanjali. “Swar Dharohar Festival” is a Music, Art & Literature Festival to showcase the iconic art and culture of India and the rich literary Art & Heritage of Indian States. i. Under Kalanjali, cultural programmes are being organized at Central Vista every week. The 3 days festival will continue to be organized on 3rd and 4th of December 2022 at the Central Vista, India Gate, New Delhi, Delhi
29. What is the currency of Chile?
1) Pounds
2) Peso
3) Dollar
4) Dinar
5) Euro
Option “2” is correct. About the Republic of Chile: President – Gabriel Boric Capital – Santiago Currency – Chilean Peso (CLP)
30. Where is the headquarters of the International Labour Organization (ILO) located?
1) Rome, Italy
2) Paris, France
3) Geneva, Switzerland
4) London, United Kingdom
5) Manila, Philippines
Option “3” is correct. About the International Labour Organization (ILO): Director-General- Gilbert Fossoun Houngbo Headquarters- Geneva, Switzerland Establishment- 1919
