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Daily Current Affairs Quiz 13 December 2022
- December 13, 2022
- Posted by: Admin
- Category: Current Affairs Quiz GK Today Quiz
Daily Current Affairs Quiz 2022
This quiz is intended to introduce you to concepts and certain important facts relevant to Civil Service Exams 2022 such as UPSC, MPPSC, BPSC, UPPCS, etc. It is not a test of your knowledge. If you score less, please do not mind.
The following quiz will have 5 MCQs. The questions are mainly framed from The Hindu and PIB news articles, etc.
Please try to enjoy questions, discuss the concepts and facts they try to test from you, and suggest improvements.
Hope you enjoy this quiz. If you like it, then please share it. Thank you.
Daily Current Affairs Quiz 13 December 2022
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Question 1 of 5
1. Question
1 pointsWho became the first women President of the Indian Olympic Association?
Correct
a) PT Usha
Former athlete PT Usha has been legally chosen as the Indian Olympic Association’s first female president (IOA). Usha, 58, is a quadruple Asian Games gold medalist and finished fourth in the Olympic 400m hurdles final in 1984. PT Usha stated in a tweet that she is looking forward to upholding Olympic principles and ensuring that India advances toward being a global sports superpower.
Incorrect
a) PT Usha
Former athlete PT Usha has been legally chosen as the Indian Olympic Association’s first female president (IOA). Usha, 58, is a quadruple Asian Games gold medalist and finished fourth in the Olympic 400m hurdles final in 1984. PT Usha stated in a tweet that she is looking forward to upholding Olympic principles and ensuring that India advances toward being a global sports superpower.
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Question 2 of 5
2. Question
1 points‘Americium’ seen in news recently is a/an
Correct
c) Radioactive chemical element
Americium is a synthetic radioactive chemical element. Most americium is produced by uranium or plutonium being bombarded with neutrons in nuclear reactors – one tonne of spent nuclear fuel contains about 100 grams of americium. It is widely used in commercial ionization chamber smoke detectors, as well as in neutron sources and industrial gauges.
Recently, ESA developing batteries to help power space stations.
Incorrect
c) Radioactive chemical element
Americium is a synthetic radioactive chemical element. Most americium is produced by uranium or plutonium being bombarded with neutrons in nuclear reactors – one tonne of spent nuclear fuel contains about 100 grams of americium. It is widely used in commercial ionization chamber smoke detectors, as well as in neutron sources and industrial gauges.
Recently, ESA developing batteries to help power space stations.
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Question 3 of 5
3. Question
1 pointsMeizotropis pellita (Patwa), which was added to IUCN Red List, belongs to which species?
Correct
c) Medicinal Plant
Three medicinal plant species found in the Himalayas have been added to IUCN Red List of Threatened Species.
Meizotropis pellita, commonly known as Patwa and endemic to Uttarakhand, has been assessed as ‘critically endangered’, Fritilloria cirrhosa as ‘vulnerable’, and Dactylorhiza hatagirea as ‘endangered’.Incorrect
c) Medicinal Plant
Three medicinal plant species found in the Himalayas have been added to IUCN Red List of Threatened Species.
Meizotropis pellita, commonly known as Patwa and endemic to Uttarakhand, has been assessed as ‘critically endangered’, Fritilloria cirrhosa as ‘vulnerable’, and Dactylorhiza hatagirea as ‘endangered’. -
Question 4 of 5
4. Question
1 pointsConsider the following statements with respect to ‘Circular trading’
1. It refers to money that leaves the country though various channels and makes its way back into the country often as foreign investment
2. The objective of circular trading is inflating turnover of the business and to increase the valuation of the company/business
Select the correct statement(s)Correct
b) 2 only
Circular trading refers to fraudulently availing input tax credit by traders by issuing of invoices without availing any real goods or service. In simple words, circular trading refers to the transaction of selling and buying of goods (without actual movement of goods) through shell companies. Round tripping refers to money that leaves the country though various channels and makes its way back into the country often as foreign investment. Hence, statement 1 is incorrect.
The main objective of circular trading is inflating turnover of the business. However, through circular trading, companies may also aim to: To increase the valuation of the company/business; To benefit higher loans from the Banks or Non-Banking Financial Corporation (NBFC); To bring black money into the system; To avail fake input tax credit. Hence, statement 2 is correct.
Incorrect
b) 2 only
Circular trading refers to fraudulently availing input tax credit by traders by issuing of invoices without availing any real goods or service. In simple words, circular trading refers to the transaction of selling and buying of goods (without actual movement of goods) through shell companies. Round tripping refers to money that leaves the country though various channels and makes its way back into the country often as foreign investment. Hence, statement 1 is incorrect.
The main objective of circular trading is inflating turnover of the business. However, through circular trading, companies may also aim to: To increase the valuation of the company/business; To benefit higher loans from the Banks or Non-Banking Financial Corporation (NBFC); To bring black money into the system; To avail fake input tax credit. Hence, statement 2 is correct.
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Question 5 of 5
5. Question
1 pointsWhere will the first meeting of the G20 Finance Track agenda under the G20 Presidency take place?
Correct
d) Bangalore
The inaugural G20 Finance and Central Bank Deputies (FCBD) meeting are set for December 13-15, 2022, in Bengaluru. The Ministry of Finance and the Reserve Bank of India will co-host this conference, which will mark the commencement of negotiations on the Finance Track agenda during India’s G20 presidency.
Incorrect
d) Bangalore
The inaugural G20 Finance and Central Bank Deputies (FCBD) meeting are set for December 13-15, 2022, in Bengaluru. The Ministry of Finance and the Reserve Bank of India will co-host this conference, which will mark the commencement of negotiations on the Finance Track agenda during India’s G20 presidency.
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