MENTOR CA

Current Affairs Q-A/ 1ST – 30TH SEPTEMBER 2022

Appointments operating retail payments and settlement systems

Who has been nominated as executive chairman in India.
of the National Legal Services Authority? Who has been appointed for amending
[A]Justice-Ranjan.Gogoi constitution of Indian Olympic Association (IOA)?
[B]Justice-D.Y.Chandrachud [A]Justice-NageswaraRao
[C]Justice-N.V.Ramana [B]Justice-A.K.Sikri
[D] Justice U U Lalit [C]Justice-Ranjan.Gogoi
Explanation: Justice D Y Chandrachud, the second [D] Justice Sadasivan
senior-most judge in the Supreme Court, has been Explanation: The Supreme Court appointed former
nominated as executive chairman of the National Supreme Court Judge Justice L Nageswara Rao for
Legal Services Authority. President Droupadi amending constitution of Indian Olympic
Murmu nominated Justice Chandrachud to head the Association and preparing Electoral College.
NALSA as executive chairman under the Legal The International Olympic Committee (IOC) issued a
Services Authorities Act, 1987. The Chief Justice of warning to IOA to resolve its governance issues and
India is the patron-in-chief of the NALSA. hold elections by December, failing which the world
Who was recently named as the Monarch in sports body will ban India.
Australia and New Zealand?
[A]King-Charles-III Schemes
[B]Queen-consort-Camilla Which state/UT launched a ‘Startup Pitch
[C]Prince-Williams Challenge’ to provide a platform for startups in
[D] Prince- Harry manufacturing related sectors?
Explanation: King Charles III was officially named [A]Kerala
monarch in Australia and New Zealand, in tandem [B]Karnataka
ceremonies marking his ascension to the throne. [C]TamilNadu
King Charles III has been proclaimed head of state [D] Odisha
of both Australia and New Zealand at ceremonies in
Explanation: Chief Minister of Karnataka Basavaraj
the nations’ capitals.
Bommai launched the ‘Startup Pitch Challenge’. The
Dilip Asbe’ has been reappointed as the MD & CEO state government of Karnataka is organising the
of which institution? challenge in partnership with TiE Global and TiE
[A]Air-India Bengaluru, a non-profit, global community. It aims
[B]National-Payments-Corporation-of-India to recognize and support startups in manufacturing
[C]State-Bank-of-India related sectors and provide them a platform to
[D] Hindustan Aeronautics Ltd showcase their strengths and ensure funding. The
Explanation: The National Payments Corporation of event has been planned for the Global Investors
India (NPCI) has reappointed Dilip Asbe as the Meet (GIM) – ‘Invest Karnataka 2022’.
Managing Director and Chief Executive Officer (MD What is the name of the national single-window
& CEO) of the company for a period of-five-years. source for all assessment-related information of
Dilip Asbe took over as MD&CEO of NPCI in January education boards?
2018. NPCI is an umbrella organization for [A]NIPUN
[B]STARS

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Current Affairs Q-A/ 1ST – 30TH SEPTEMBER 2022
[C]PARAKH ‘Swasth Sabal Bharat’ Conclave.
[D] KALAM The purpose of the conclave was to discuss the
Explanation: PARAKH (Performance Assessment, situation of body-organ-eye donation in India and
Review and Analysis of Knowledge for Holistic find solutions to the challenges ahead. The Union
Development) was announced in the National Minister emphasized on ‘Jan Bhagidari’ or people’s
Educational Policy (NEP). The National Council of movement to encourage people to donate their
Educational Research and Training (NCERT) and the organs for humanity.
state education boards are collaborating to draw up Which state’s education department has launched
a ‘benchmark framework’ to bring uniformity across an e-governance portal named ‘Samarth’?
state and central boards. PARAKH will be the [A]New-Delhi
national single-window source for all assessment- [B]Uttarakhand
related information. It will oversee the periodic [C]Telangana
tests like the National Achievement Survey (NAS) [D] Odisha
and State Achievement Survey. Explanation: The Uttarakhand education
Which Union Ministry implements the ‘Scheme for department recently launched an e-governance
Promotion of Bulk Drug Parks’? portal named ‘Samarth’, to make the education
[A]Ministry-of-MSME system more transparent in the state. The portal
[B]Ministry-of-Chemicals-and-Fertilizers will provide all administrative and educational
[C]Ministry-of-Commerce-and-Industry updates including information about entrance
[D] Ministry of Science and Technology exams, salary, appointments from state universities
Explanation: The ‘Scheme for Promotion of Bulk and public schools.
Drug Parks’ is run by the Ministry of Chemicals and Which state launched its first ‘Cinematic Tourism
Fertilizers, to support the Bulk Drugs manufacturing Policy’?
in the country. It was notified in 2020, with a [A]Uttarakhand
financial outlay of Rs 3,000 crore. The Department [B]Goa
of Pharmaceuticals has approved the proposals of [C]Gujarat
three states, Himachal Pradesh, Gujarat and Andhra [D] Kerala
Pradesh, to set up Bulk Drug Parks and aims to bring Explanation: Gujarat Chief Minister Bhupendra
down the cost of manufacturing bulk drugs through Patel recently unveiled the state’s first Cinematic
the creation of world-class common infrastructure Tourism Policy in Gandhinagar. Memoranda of
facilities. Understanding (MoUs) worth ₹1,020 crore were
What is the main theme of discussion of the signed for the development of film infrastructure
‘Swasth Sabal Bharat’ Conclave organised by the and film production. The policy scheme offers
Health Ministry? financial and non-financial incentives for film
[A]Eradication-of-Malnutrition infrastructure development projects and for film-
[B]Body-organ-eye-donation making projects.
[C]Eradication-of-Tuberculosis Which state launched the ‘Indira Gandhi urban
[D] Medical Waste Management employment guarantee scheme’?
Explanation: [A]Chhattisgarh
Dr Mansukh Mandaviya, Union Minister for Health [B]Rajasthan
and Family Welfare virtually inaugurated the

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Current Affairs Q-A/ 1ST – 30TH SEPTEMBER 2022
[C]Sikkim dealers to distribute the rations to the beneficiaries
[D] Odisha at their doorstep in absence of any authority.
Explanation: Rajasthan Chief Minister Ashok Gehlot SPARK is a Studentship program recently launched
inaugurated the ambitious ‘Indira Gandhi urban in which field?
employment-guarantee-scheme’. It was launched [A]Architecture
to provide work on demand for 100 days in a year [B]Literature
and thereby providing economic support to the [C]Ayurveda
poor and needy families living in the cities. He also [D] Virology
inaugurated the renovation work at the 18th Explanation: The Central Council for Research in
century Khania Ki Baori stepwell. Ayurvedic Sciences (CCRAS) launched the
Voluntary blood donation has been launched on Studentship Program for Ayurveda Research Ken
which application under ‘Raktdaan Amrit (SPARK). It was launched for Ayurveda (BAMS)
Mahotsav’? students studying in recognized Ayurveda colleges.
[A]Aarogya-Setu The selected research fellows will be offered a
[B]Digital-Locker financial support of Rs.50,000 under the fellowship.
[C]MyGov Which Indian state/UT launched the ‘CHHATA’
[D] Ayushman Bharat scheme?
Explanation: Registrations for the ‘Raktdaan Amrit [A]Rajasthan
Mahotsav’ have begun on the Aarogya Setu app and [B]Gujarat
e-Raktkosh portal as part of a mega voluntary blood [C]Punjab
donation drive planned across the country from [D] Odisha
September 17 till October 1. October 1 is observed Explanation: The Odisha state’s Water resources
as the National Voluntary Blood Donation Day department has notified the Community Harnessing
(NVBDD). The main purpose of the drive is to create and Harvesting Rainwater Artificially from Terrace
a repository of voluntary blood donors. to Aquifer (CHHATA) scheme.
Duare Ration Scheme, which was seen in the news, It was recently approved by the state cabinet at an
is implemented by which state? investment of Rs 270 crore. The scheme aims to
[A]Karnataka address the increasing stress on groundwater and
[B]New-Delhi to improve depleting groundwater table. A target
[C]Punjab has been set to harvest 373.52 crore litres of water
[D] West Bengal in five years.
Explanation: The Calcutta High Court declared the As per the policy for long-term leasing of railway
‘Duare Ration Scheme’ of West Bengal government land for PM Gati Shakti, what is the tenure up to
is ultra vires to the National Food Security Act, 2013 which land lease is provided?
and is legally void. The scheme was introduced by [A]10
the state government in November, 2021, for [B]15
delivery of food grains under public distribution [C]25
system at the doorsteps of beneficiaries. AS per the [D] 35
High Court, State Government transgressed the Explanation: The Union Cabinet approved a policy
limit of delegation by obliging the Fair Price Shop for long-term leasing of railway land for the PM Gati
Shakti-Program.The new policy will facilitate to

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Current Affairs Q-A/ 1ST – 30TH SEPTEMBER 2022
provide land lease for a longer period of up to 35 Mantri Bhartiya Janaushadhi Kendras have been
years as against five years at present. The new opened across the country. They sell quality generic
policy will enable the development of infrastructure medicines, surgical equipment in affordable prices.
and more cargo terminals. It has also cut down land It is implemented by the Ministry of Chemicals and
lease fee from 6 percent to 1.5 percent. Fertilisers said in a statement. The government
PM SHRI Yojana, which was launched recently, is recently launched diabetes drug Sitagliptin and its
associated with which field? combinations at rates as low as Rs 60 per pack of
[A]Electronics ten, at Janaushadhi Kendras.
[B]Export
[C]Education Summits/conferences
[D] Research and Development Which is the venue of the 30th Southern Zonal
Explanation: Prime Minister Narendra Modi Council meeting held recently?
announced the Pradhan Mantri Schools For Rising [A]Thiruvananthapuram
India (PM-SHRI)Yojana.Under the scheme, 14,500 [B]Chennai
schools from across the country will be upgraded as [C]Bengaluru
PM-SHRI schools. They will have a modern and [D] Hyderabad
transformational method of imparting education. Explanation: Union Home Minister Amit Shah
The PM SHRI Schools will showcase all components chaired the 30th Southern Zonal Council meeting in
of the National Education Policy 2020 Thiruvananthapuram. In the meeting, 26 issues
E-Baal Nidan’, which was revamped recently, is the were discussed, 9 issues were resolved and 17
online portal of which institution? issues were reserved for further consideration. The
[A]NITI-Aayog main objectives of the Zonal Council meeting are
[B]National-Commission-for-Protection-of-Child- settlement Centre- State disputes and inter-state
Rights disputes through mutual agreement, promotion of
[C]UNICEF-India regional cooperation between States, among
[D] Child Rights and You (CRY) others.
Explanation: The National Commission for Which cities have joined the UNESCO Global
Protection of Child Rights, NCPCR has revamped its Network of Learning Cities?
online portal E-Baal Nidan for redressal of [A]Warangal-Thrissur-Nilambur
grievances against violation of child rights. [B]Mysuru-Varanasi-Jaipur
NCPCR is an Indian statutory body working under [C]Kochi-Mysuru-Varanasi
the aegis of Ministry of Women and Child [D] Kanchipuram-Dholavira- Mysuru
Development, Government of India.
Explanation: Warangal from Telangana and Thrissur
Pradhan Mantri Bhartiya Janaushadhi Pariyojana, and Nilambur from Kerala have joined the UNESCO
is associated with which Union Ministry? Global Network of Learning Cities (GNLC). 77 cities
[A]Ministry of Health and Family Welfare from 44 countries joined the list recently, which
[B]Ministry of Chemicals and Fertilisers includes 294 cities from all around the world. The
[C]Ministry of Women and Child Development cities have been included in recognition of their
[D] Ministry of Law and Justice outstanding efforts to promote lifelong learning
Explanation: Under the Pradhan Mantri Bhartiya across their communities at local level.
Janaushadhi Pariyojana, more than 8,700 Pradhan

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Current Affairs Q-A/ 1ST – 30TH SEPTEMBER 2022
Which city is the host of ‘National Conference on the participation of Russian President Vladimir
agriculture for Rabi campaign 2022-23’ Putin, Chinese President Xi Jinping and Indian Prime
[A]Amritsar Minister Narendra Modi. The meeting aims to
[B]Gandhi-Nagar deliberate on regional security challenges, boosting
[C]New-Delhi trade and energy supplies among other issues.
[D] Hyderabad Which institution organized the ‘ANGAN 2022’
Explanation: The National Conference on Conference?
agriculture for Rabi campaign 2022-23 was [A]Reserve-Bank-of-India
inaugurated by the Union Agriculture Minister [B]Bureau-of-Energy-Efficiency
Narendra Singh Tomar. It included discussions on [C]NITI-Aayog
crops, prospects of further progress, challenges, [D] Central Board of Indirect Taxes
technologies, solutions and government’s plans and Explanation: The second edition of the
processes. The production of food grains in the international conference ANGAN 2022 (Augmenting
country is estimated at 3157 lakh tones, which is Nature by Green Affordable New-habitat) was
higher by 50 lakh tones than 2020-21. recently held on the title “Making the Zero-Carbon
Which state is the host of the ‘National Conference Transition in Buildings”. ANGAN 2.0 is being
of Environment Ministers’? organized by the Bureau of Energy Efficiency (BEE),
[A]Maharashtra Ministry of Power, in collaboration with Swiss
[B]Goa Agency for Development & Cooperation (SDC)
[C]Gujarat under the Indo-Swiss Building Energy Efficiency
[D] Kerala Project (BEEP). The Conference had discussions
Explanation: Prime Minister Narendra Modi related to building energy efficiency and reducing
inaugurated the National Conference of carbon emission from buildings.
Environment Ministers in Ekta Nagar, Gujarat. The
two-day conference will have six thematic sessions Agreements /MoUs
with topics focusing on LiFE, Combating Climate India Post Payments Bank (IPPB) has partnered
Change ; PARIVESH -Single Window System for with which social media platform to promote
Integrated Green Clearances ; Forestry financial literacy?
Management ; Prevention and Control of Pollution; [A]Twitter
Wildlife Management ; Plastics and Waste [B]Koo
Management. [C]Facebook
Which country is the host of Shanghai Cooperation [D] Instagram
Organization (SCO) Summit 2022? Explanation: India Post Payments Bank has
[A]India partnered with Koo to promote financial literacy in
[B]Kazakhstan tier-2, tier-3 cities and remote cities. The
[C]Bangladesh partnership with Indian micro-blogging platform
[D] Uzbekistan Koo, aims to promote financial literacy in remote
Explanation: The Shanghai Cooperation cities. Koo is a multilingual platform that allows
Organization (SCO) summit is being held in users to communicate in 10 languages.
Samarkand in Uzbekistan. It is SCO’s first in-person India signed MoU with which African country on
summit in after two years. The summit will also see cooperation in the field of Defence?

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Current Affairs Q-A/ 1ST – 30TH SEPTEMBER 2022
[A]South-Africa Explanation: The Competition Commission of India
[B]Egypt (CCI) has approved the USD 4.7 billion acquisition of
[C]Kenya online payment gateway provider BillDesk by
[D] Sudan Prosus-backed PayU India.
Explanation: India and Egypt have agreed to This is the largest combination ever approved by
identify proposals for expanding cooperation CCI in the fintech space. PayU, the payments and
between defence industries of the two countries. fin-tech business of Prosus will become a leading
Defence Minister Rajnath Singh held bilateral talks online payment provider globally by payment
with his Egyptian counterpart in Cairo. They signed volume.
a MoU on cooperation in the field of defence for Which country inaugurated Maitree Super Thermal
enhancing defence cooperation across all sectors of Power Project, constructed under India’s
mutual interest. The Egyptian Defence Minister was concessional financing scheme?
invited to India-Africa Defence Dialogue and IOR [A]SriLanka
Defence Ministers’ Conclave to be held as part of [B]Bangladesh
Defence Expo in Gandhinagar. [C]Nepal
[D] Myanmar
Which Indian PSU has signed MoU with Brazilian Explanation: Prime Minister Narendra Modi and
oil major Petrobras, to diversify its crude oil Bangladesh Prime Minister Sheikh Hasina jointly
sourcing? unveiled Unit-I of the Maitree Super Thermal Power
[A]HPCL Project. The project is being constructed under
[B]BPCL India’s concessional financing scheme. It will add
[C]ONGC 1320 MW to Bangladesh’s National Grid. Seven
[D] GAIL agreements, including on water resources, railways,
Explanation: Indian major public sector Unit Bharat science and technology, space technology were
Petroleum Corporation Ltd (BPCL) has signed a exchanged between the Prime Ministers.
Memorandum of Understanding (MoU) with India conducted a Cyber Security Exercise part of
Brazilian oil major Petrobras, to diversify its crude the International Counter Ransom ware Initiative,
oil sourcing. Bharat Petro Resources Limited (BPRL) in collaboration with which country?
plans to invest USD 1.6 billion to develop an oil [A]Japan
block in Brazil to procure equity oil overseas. For [B]France
the first time, India will ink a long-term supply deal [C]UK
with Oil major- Petrobras that operates in the oil, [D] Australia
natural gas and energy industry. Explanation: India’s National Security Council
Competition Commission of India (CCI) approved Secretariat (NSCS) and the UK Government in
the acquisition of payment gateway provider collaboration with BAE Systems successfully
BillDesk by which company? conducted the Cyber Security Exercise for
[A]Razorpay 26Countries.The exercise has been conducted as
[B]PayU part of the International Counter Ransom ware
[C]BharatPe Initiative- Resilience Working Group, which is being
[D] PhonePe led by India under the leadership of National Cyber
Security Coordinator (NCSC).

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Current Affairs Q-A/ 1ST – 30TH SEPTEMBER 2022
India signed a MoU with which country on mutual per cent since 2019. The number of such cases
recognition of academic qualifications? against women has risen at 28 per cent. Out of the
[A]USA 52,974 incidents reported in 2021, 20.2 per cent
[B]UK were reported as cases of crime against women.
[C]Australia Karnataka had the highest share with 2,243 cases,
[D] France followed by Maharashtra and Uttar Pradesh.
Explanation: The Union Cabinet granted ex post Which institution was declared India’s best
facto approval for the Memorandum of business school for Masters’ students by Financial
Understanding between India and the United Times MIM List?
Kingdom on mutual recognition of academic [A]IIM-Ahmedabad
qualifications. Mutual Recognition of Qualifications [B]IIM-Bengaluru
between India and UK aims to promote academic [C]IIFT-NewDelhi
collaboration and student mobility. [D] IIM Kozhikode
India’s IFSCA signed a FinTech Co-operation Explanation: The Indian Institute of Management
Agreement with the Central Bank of which (IIM) in Bengaluru has been declared India’s best
country? business school for Masters’ students by Financial
[A]Malaysia Times in its annual Masters in Management (MIM)
[B]SriLanka list. IIM (B) was ranked 31 in the global list, which
[C]Singapore also included SP Jain Institute of Management &
[D] Australia Research in Mumbai and IIM Lucknow at 44 and 64
positions.
Explanation: The Monetary Authority of Singapore
(MAS) and the International Financial Services Which institution has released draft notification on
Centre Authority (IFSCA) signed a FinTech Co- ‘Indian Nutrition Rating’?
operation Agreement to facilitate regulatory [A]NITI-Aayog
collaboration and partnership in FinTech. The [B]FSSAI
Monetary Authority of Singapore (MAS) is [C]NABARD
Singapore’s central bank and integrated financial [D] FCI
regulator. The agreement includes ‘Regulatory Explanation: The Food Safety and Standards
Sandbox Collaboration’ and ‘Sharing of Authority of India (FSSAI) has released draft
Information’. notification on ‘Indian Nutrition Rating’. The
country’s apex food regulator released notification,
Ranks / Reports which requires the pre-packaged food to carry a
star graphic ranging for 0 to 5, next to the brand
Which state/UT recorded the highest number of
name. This front-of-pack labelling aims to
cybercrime incidents in 2021?
discourage consumers from buying packaged food
[A]Maharashtra high in sugar, salt, and fat.
[B]New-Delhi
As per the latest World Bank assessment, which
[C]Karnataka
country has the highest food price inflation in the
[D] Uttar Pradesh
world?
Explanation: As per the data released by the
[A]Sri-Lanka
National Crime Records Bureau, the number of
[B]Lebanon
cybercrime incidents in 2021 has gone up by 18.4

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Current Affairs Q-A/ 1ST – 30TH SEPTEMBER 2022
[C]Venezuela the top ten of the index despite its ban on all crypto
[D] Turkey currency trading.
Explanation: As per the latest World Bank As of 2022, which country is the largest bilateral
assessment, Sri Lanka ranks 5th in the highest food lender to Sri Lanka?
price inflation in the world. The list is led by [A]China
Lebanon followed by Zimbabwe, Venezuela, and [B]India
Turkey. Sri Lanka’s inflation surged to 70.2 per cent [C]Australia
in August from 66.7 per cent a month ago as the [D] USA
country is grappling with the worst economic crisis. Explanation: India has become the largest bilateral
According to official data, food prices have risen by lender to Sri Lanka by disbursing a total of USD 968
84.6 per cent. In mid-April, Sri Lanka declared its million in loans in four months of 2022, surpassing
international debt default due to the forex crisis. China. China has maintained its position as the
Which is India’s most-valuable brand in 2022, as largest bilateral lender to Sri Lanka in the past five
per the Kantar BrandZ report? years from 2017 to 2021. Asian Development Bank
[A]HDFC-Bank (ADB) has been the largest multilateral lender in the
[B]Tata-Consultancy-Services(TCS) past five years by disbursing an amount of USD 610
[C]Airtel million in 2021.
[D] Reliance Jio Which company has undertaken India’s largest
Explanation: According to Kantar BrandZ report on ever acquisition in infrastructure and materials
India’s most-valuable brands, Tata Consultancy sector by acquiring Ambuja Cements and ACC?
Services (TCS) is India’s most-valuable brand in [A]Adani-Group
2022. TCS surpassed HDFC Bank, which held the [B]Tata-Group
number one spot since 2014. Infosys is listed in the [C]Ultratech-Cements(AdityaBirla)
third place. Telecom provider Airtel was at rank 4 [D] Vedant
while Reliance Jio is at number 10. Indian brands Explanation: Switzerland’s Holcim has completed
increased their brand value by 35 per cent the sale process of Ambuja Cement and ACC
compound annual growth rate (CAGR) since 2020. (Ambuja’s subsidiary) to the Adani Group for USD
What is the rank of India in the ‘Global Crypto 6.4 billion, making it the second largest player. This
Adoption Index 2022’? is the largest ever acquisition by Adani, and the
[A]Second largest ever Mergers and acquisitions (M&A)
[B]Fourth transaction in infrastructure and materials space in
[C]Sixth India. Ultratech Cement is India’s largest player with
[D] Eighth a market valuation of over ₹1.87 lakh crore.
Explanation: As per the Chain analysis 2022 Global
Crypto Adoption report, India stands fourth in Banking / Economics
Global Crypto Adoption Index 2022. For the second Which is the first public sector bank to go live on
consecutive year, Vietnam is ranked first in the Direct Tax Collection System Tin 2.0?
cryptocurrency adoption and India stood at 4th
[A]State-Bank-of-India
place with an index score of 0.663. United States
[B]Bank-of-India
(US) has moved up to fifth while China re-entered
[C]Canara-Bank
[D] Punjab National Bank

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Current Affairs Q-A/ 1ST – 30TH SEPTEMBER 2022
Explanation: Bank of India (BOI) has become the Which state has unveiled a draft Industrial Policy
first public sector bank to go live on Income Tax which includes 100% State GST reimbursement for
Department’s new Direct Tax Collection System Tin capital investment for 5 years?
2.0. [A]Tamil-Nadu
With this integration, taxpayers will now get a [B]Kerala
single platform for their tax payments and the e- [C]Odisha
filing of tax returns. Taxpayers can now make direct [D] Telangana
tax payment at any branch of the Bank of India Correct Answer: B [Kerala]
across the country.
Explanation:
What is the share of government health
Kerala’s new draft industrial policy was released
expenditure in GDP in 2018-19?
after a gap of four years. The major incentives
[A]0.85% proposed include 10% investment subsidy on fixed
[B]1.01% capital for non-MSMEs, subject to a maximum of
[C]1.28% ₹10 crore and 100% State GST reimbursement for
[D] 2.0 % capital investment for five years for non-MSMEs.
Explanation: As per the findings of the National The policy focuses on the state’s traditional sectors
Health Accounts (NHA) Estimates for India for 2018- as well as sunrise sectors including Artificial
19, there has been an increase in the share of Intelligence, hi-tech farming, value added rubber
government health expenditure in the total GDP of products, medical equipment, biotechnology,
the country. The share has increased from 1.15% in electric vehicles, and robotics.
2013-14 to 1.28% in 2018-19. In 2017-18, it was at The International Monetary Fund (IMF) approved a
1.35 %. The share of Government Health loan of USD 2.9 billion to which country to tackle
Expenditure in Total Health Expenditure has also its economic crisis?
increased in 2018-19 at 40.6%.
[A]Iran
Which is the first life insurance company in India [B]Afghanistan
to have a 74% stake held by a foreign partner? [C]Sri-Lanka
[A]ICICI-Prudential [D] Venezuela
[B]HDFC-Ergo Explanation: The International Monetary Fund
[C]Tata-AIA (IMF) approved a loan of USD 2.9 billion to Sri
[D] Ageas Federal Lanka. The country is battling its worst economic
Explanation: Ageas Federal Life Insurance (AFLI) has crisis since independence in 1948. Sri Lankan
become the first life insurance company in India to President Wickremesinghe, who is also the
have a 74% stake held by a foreign partner. country’s Finance Minister, presented his first
Belgium-based Ageas Insurance International budget, which aimed to boost revenue and fight
recently completed the acquisition of the 25% stake inflation.
in the life insurance joint venture (JV) from IDBI The Indian Government has prepared an action
Bank. With this, shareholding of Ageas in the JV plan for facilitation of special rupee accounts for
rose to 74% from the earlier-held 49%. Federal Bank trade settlements, with which institution?
continues to hold a 26% stake in the life insurer,
[A]SEBI
while IDBI Bank exited as a shareholder.
[B]RBI

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Current Affairs Q-A/ 1ST – 30TH SEPTEMBER 2022
[C]NITI-Aayog Product (GDP) is estimated to be around 13-14 per
[D] BSE cent.
Explanation: The Indian Government, along with
the Reserve Bank of India (RBI), has prepared an Sports
action plan for facilitation of special rupee accounts Which Indian state/UT hosts the Hockey Men’s
for trade settlements. Banks are asked to speed up World Cup 2023?
the process of opening special rupee vostro
[A]New-Delhi
accounts (SRVA) of correspondent banks of partner
[B]Odisha
trading countries. This aims to promote cross-
[C]Maharashtra
border trade in rupees instead of the US dollar.
[D] Tamil Nadu
Which country has released the open source code
Explanation: The Hockey Men’s World Cup 2023
for its central bank digital currency (CBDC)
will take place at the Kalinga Stadium in
sandbox based on Ethereum?
Bhubaneshwar and at the Birsa Munda Stadium in
[A]Iran Rourkela in January, 2023. The draw of the
[B]Norway tournament was held recently in Bhubaneswar.
[C]Finland Belgium is the reigning champion of the world cup,
[D] Hungary as it defeated Netherlands in 2018 to win its first
Explanation: Norway’s Central bank- the Norges ever title. The 16 participating teams, including
Bank released the open source code for the India, Japan, England and Australia, will be divided
country’s central bank digital currency (CBDC) among four pools.
sandbox based on Ethereum technology. Eliud Kipchoge, who was seen in the news, is
The sandbox is designed to offer an interface to associated with which sports?
interact with the test network. It also has enabled
[A]Cricket
functions like minting, burning, and transferring
[B]Marathon
tokens. According to the International Monetary
[C]Weight-Lifting
Fund (IMF), 97 countries, (more than half of the
[D] Tennis
global central banks) are developing CBDCs.
Explanation: Kenya’s Eliud Kipchoge, who is
What is India’s logistics cost as a proportion of
regarded as the world’s greatest marathon runner,
GDP, as of 2022?
broke his own world record by 30 seconds at the
[A]9-10% Berlin Marathon. The 37-year-old Olympic
[B]13-14% champion clocked 2:01:09 to cut 30 seconds off his
[C]15-16% previous best-mark of 2:01:39 from the same event
[D] 19-20 % in 2018.
Explanation: Prime Minister Narendra Modi Which sportsperson of India recently became
launched the National Logistics Policy (NLP), which ‘Diamond League Champion’?
aims to promote seamless movement of goods
[A]P.V.Sindhu
across the country, by reducing logistics cost.
[B]Neeraj.Chopra
It also aims to improve its competitiveness of Indian
[C]H.S.Prannoy
goods in domestic as well as global markets. India’s
[D] Hima Das
logistics cost as a proportion of the Gross Domestic
Explanation: Neeraj Chopra created history when
he became the first Diamond Trophy winner from

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 MENTOR CA
Current Affairs Q-A/ 1ST – 30TH SEPTEMBER 2022
India, with a throw of 88.44 metre. Chopra had [A]CERT-In
earlier won the Lausanne Diamond League with an [B]Indian-Air-Force
89.08-meter throw. He recorded 89.30m at Paavo [C]Defence-Research-and-Development-
Nurmi Games, while he clinched a historic silver Organization
medal at the World Championships in July. [D] Indian Space Research Organization
Pranav Anand, who was seen in the news, is Explanation: Indian Computer Emergency Response
associated with which sports? Team (CERT-In) under Ministry of Electronics & IT,
[A]Squash in collaboration with Cyber Security Agency of
[B]Chess Singapore (CSA), successfully designed and
[C]Table-Tennis conducted the Cyber Security Exercise ‘Synergy’ for
[D] Badminton 13 Countries. It was conducted as a part of the
Explanation: 15-year-old chess player Pranav Anand International Counter Ransomware Initiative-
from Bengaluru recently became India’s 76th Resilience Working Group which is led by India
Grandmaster. He crossed the 2,500 Elo mark in the under the leadership of National Security Council
ongoing World Youth Chess Championship in Secretariat (NSCS). The theme of the exercise was
Mamaia, Romania. To become a Grandmaster, a ‘Building Network Resiliency to counter
player has to secure three GM norms and cross the Ransomware Attacks’.
live rating of 2,500 Elo points. Pranav Anand scored Jigyasa 2.0 program, which was seen in the news,
the third and final GM norm at the 55th Biel Chess recently is associated with which field?
Festival in Switzerland in July 2022. [A]Finance
Ramkumar Ramanathan and Prajnesh [B]Science-and-Technology
Gunneswaran, who were seen in the news, are [C]Sports
associated with which sports? [D] Music
[A]Tennis Explanation: ‘Jigyasa for Renewable Fuel program’
[B]Badminton under Jigyasa 2.0 program was successfully
[C]Squash organized for the school students of Scindia Kanya
[D] Chess Vidyalaya, Gwalior 2022 at CSIR-Indian Institute of
Explanation: In the Davis Cup World Group-I tie, Petroleum, Dehradun. The main objective of the
India was defeated 0-3 by Norway at Lillehammer, program is to give an exposure to different
Norway. Indian Tennis player Ramkumar technologies developed for the utilization of non-
Ramanathan was defeated by his lower-ranked edible vegetable oils, used cooking oil and waste
opponent Durasovic. In another singles, Prajnesh plastic to different types of fuels.
Gunneswaran went down to world no. 2- Which Indian state/UT has successfully set up ‘Bio-
CasperRuud.In the doubles match, the Norwegian Villages’?
pair comprising world No.2 Casper Ruud and Viktor [A]Himachal-Pradesh
Durasovic defeated Indian pair of Yuki Bhambri and [B]Assam
Saketh Myneni. [C]Tripura
[D] West Bengal
Science and Technology Explanation: Tripura government has successfully
Which institution conducted the Cyber Security set up five ‘Bio-Villages’ for promoting sustainable
Exercise ‘Synergy’? development, climate change mitigation and

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 MENTOR CA
Current Affairs Q-A/ 1ST – 30TH SEPTEMBER 2022
climate adaption. As per the Compendium of Best Which is the most richly endowed award in science
Practice on Climate Action from Indian states, in in the world?
Tripura, over 500 households have been benefited [A]Nobel-Prize
with the successful implementation in five ‘Bio- [B]Breakthrough-Prize
Villages’. The concept of ‘Bio-Village’ was [C]Turing-Award
introduced by the Directorate of Biotechnology, [D] Albert Einstein World Award of Science
Tripura in 2018 for promoting organic farming. Explanation: The Breakthrough Prizes was created
WHO launched a USD 1.5 billion campaign to in 2010 by a group of Silicon Valley entrepreneurs,
include a vaccine for which disease across Africa by including a venture capitalist Milner, Mark
2030? Zuckerberg and his wife, Priscilla Chan, of Facebook
[A]Bacterial-meningitis and Sergey Brin of Google. The 2023 winners of the
[B]Covid-19 Breakthrough Prizes, also known as the ‘Oscars of
[C]Polio Science’ were announced recently in the life
[D] Hepatitis sciences category, one for mathematics and one for
Explanation: The World Health Organization has physics. The winners will split a total of more than
launched a USD 1.5 billion campaign, to include a USD 15 million.
new vaccine, to eliminate outbreaks of bacterial Which country has discovered ‘Lunar crystal
meningitis across Africa by 2030. named ‘Changesite-(Y)’ on the Moon?
WHO hopes to authorize the vaccine by the first [A]Israel
quarter of 2023, which would enable donors to buy [B]China
it for Africa. Due to the COVID-19 pandemic, [C]USA
Meningitis vaccinations for more than 50 million [D] UAE
children in Africa have been delayed. Explanation: Researchers in China have discovered
Which company has launched ‘High throughput a new type of crystal in the volcanic debris of the
satellite (HTS)’ broadband internet service in near side of the moon. They also discovered
association with ISRO? potential fuel source for production of clean and
[A]Bharti-Airtel efficient energy on Earth. The small, transparent
[B]Jio-Infocom crystal has been named Changesite-(Y), after the
[C]Vi Chinese moon goddess Chang’e.
[D] Hughes Communications India ‘One Week One Lab’ theme-based campaign,
Explanation: Hughes Communications India (HCI) in which was launched recently, is associated with
collaboration with the Indian Space Research which institution?
Organization (ISRO) officially launched its first high [A]ISRO
throughput satellite (HTS) broadband internet [B]BARC
service in the country. Through the HTS technology, [C]CSIR
the company is already providing assistance to the [D] DRDO
Indian Army, and paramilitary forces along the Line Explanation: Union Minister of State- Science &
of Actual Control (LAC) and other remote border Technology, Dr Jitendra Singh, who is also the Vice
outposts. High-throughput Satellite increases President of CSIR (Council of Scientific & Industrial
capacity while simultaneously reducing the cost per Research), announced “One Week One Lab” theme-
bit. based campaign. The campaign aims to showcase

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 MENTOR CA
Current Affairs Q-A/ 1ST – 30TH SEPTEMBER 2022
the technological achievements and innovations in to enhance regulatory and compliance processes.
each of the 37 CSIR laboratories/institutes spread SEBI Chairperson Madhabi Puri Buch recently
across the country launched Federation of Indian Chambers of
Which Indian company is the first in the world to Commerce & Industry’s (FICCI) initiative to
design a 3D printed rocket engine? strengthen compliance with a tech-based solution.
[A]Pixel It is supported by a regulatory technology (Regtech)
[B]Agnikul solutions company. It allows tracking of over 2,000
[C]Dhruva-Space SEBI compliances and auto-generation of select
[D] Bellatrix SEBI disclosures.
Explanation: Agnikul is the first company in the Which Indian airline has launched its
world to design a rocket engine that can be printed transformation plan called ‘Vihaan.AI’?
using 3D printing. AgniKul Cosmos is an Indian [A]IndiGo
aerospace manufacturer based in National Center [B]Air-India
for Combustion R&D of IIT Madras, Chennai. The [C]SpiceJet
company has secured patent for design and [D] Vistara
manufacturing of its single-piece rocket engines. Explanation: Tata Group-owned airline Air India has
‘Agnilet’ is the world’s first single-piece 3D printed recently launched its transformation plan named
rocket engine fully designed and manufactured in ‘Vihaan.AI’. The plan has outlined a detailed
India. roadmap for the next five years to establish itself as
Which state launched a multi-purpose online a world-class airline. Vihaan.AI will focus on five
portal called ‘Residents Safety and Security Act’? main points– exceptional customer experience,
[A]WestBengal robust operations, industry-best talent, industry
[B]Meghalaya leadership and commercial efficiency and
[C]Sikkim profitability.
[D] Odisha
Explanation: The Meghalaya Government launched Defence
a multi-purpose online portal ‘Meghalaya Residents Kibithu military garrison, which was named after
Safety and Security Act (MRSSA)’. The digitisation General Bipin Rawat, is located in which state/UT?
process would connect more than 6,000 villages [A]Uttarakhand
and localities across Meghalaya to the online [B]Arunachal-Pradesh
system. This aims to ensure the safety and security [C]Ladakh
of the residents, gathering intelligence inputs for [D] Punjab
better delivery of numerous government services. Explanation: The strategically important Kibithu
What is the expansion of ‘Regtech’, which has military garrison on the banks of Lohit Valley
been found in the news recently? Arunachal Pradesh was named after India’s first
[A]Registered-Technology Chief of Defence Staff Gen Bipin Rawat. It is located
[B]Regulatory-Technology along the Line of Actual Control. General Rawat
[C]Regarded-Technology commanded his Battalion Gorkha Rifles at Kibithu
[D] Regiment Technology from 1999-2000 and contributed in strengthening
Explanation: Regulatory technology (Regtech) is a the security structure in the area. Chinese People’s
new technology which uses information technology

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 MENTOR CA
Current Affairs Q-A/ 1ST – 30TH SEPTEMBER 2022
Liberation Army’s Rima post is just opposite this Explanation: Dr Ashutosh Raravikar, Director in the
eastern-most military garrison of India. DEPR of RBI has authored a book titled ‘Indian
What are ‘Nistar and Nipun’, which were released Banking in Retrospect’- 75 years of Independence.
by the Indian Navy recently? The book attempts to capture developments in the
[A]Submarines Indian banking sector over the last 75 years. It
[B]Diving-Support-Vessels describes how the banking sector displayed great
[C]Patrol-craft resilience during South-East Asian crisis of the late
[D] Pollution control vessels ’90s, global meltdown of 2008, the taper-tantrums
of 2013-14 among other crises.
Explanation: The Indian Navy launched two
indigenously designed and built Diving Support
Vessels (DSVs) – Nistar and Nipun in Days and Themes
Visakhapatnam. The vessels were built by When is the ‘World Lung Day’ observed every
Hindustan Shipyard Ltd. The vessels have complex year?
diving support systems and a Deep Submergence [A]September-23
Rescue Vessel (DSRV), which will be deployed for [B]September-25
deep sea diving and submarine rescue operations. [C]September-29
The Integrated Cryogenic Engine Manufacturing [D] September- 30
Facility of Hindustan Aeronautics Limited (HAL) Explanation: World Lung Day is celebrated on
was inaugurated in which city? September 25, which aims to recognise the latest
[A]Thiruvananthapuram achievements in lung health. Out of all the cancer
[B]Bengaluru cases, lung cancer accounts for 12.8%. Out of all the
[C]Shimla mortalities due to cancer, lung cancer accounts for
[D] Hyderabad 17.8%. Smoking is responsible for developing lung
Explanation: President of India Droupadi Murmu cancer by 94%. The risk of lung cancer is 24 to 36
inaugurated the Integrated Cryogenic Engine times higher in smokers than in people who do not
Manufacturing Facility of Hindustan Aeronautics smoke.
Limited (HAL) in Bengaluru. The facility houses over ‘World Pharmacist Day’ is observed during which
70 hi-tech equipment and testing facilities for month?
manufacturing cryogenic (CE20) and semi-cryogenic [A]August
(SE2000) engines of Indian rockets. In 2013, HAL [B]September
signed an MoU with ISRO for setting up the facility [C]November
for manufacturing cryogenic engine modules at [D] December
HAL.
Explanation: ‘World Pharmacist Day’ is observed on
September 25, every year, to highlight the role of
Books and Authors pharmacists and pay tribute to them. This year’s
Who is the author of the book ‘Indian Banking in theme is ‘Pharmacy united in action for a healthier
Retrospect’- 75 years of Independence? world’. The Day is introduced in 2009 by the
[A]K.V.Kamath International Pharmaceutical Federation (FIP)
[B]Urjit.Patel council in Istanbul. On the same day in 1912, the
[C]Ashutosh.Raravikar International Pharmaceutical Federation was
[D] Arundhati Bhattacharya established.

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 MENTOR CA
Current Affairs Q-A/ 1ST – 30TH SEPTEMBER 2022
What is the theme of the ‘World Suicide countries.The Russian and Chinese navies will
Prevention Day’ 2022? operate in the Sea of Japan in the upcoming Vostok
[A]September-5 2022 military drills. The navies will practice
[B]September-10 operations in the waters and in the coastline areas
[C]September-15 of the Sea of Japan and the Sea of Okhotsk.
[D] September 20 Which Indian state famous for its ‘King Chilli’,
Explanation: World Suicide Prevention Day is organized a ‘Mirchi Festival’ (Chlli Festival)?
observed on September 10. According to the World [A]Assam
Health Organization, an estimated 703,000 people a [B]Nagaland
year take their life around the world. ‘Creating [C]Arunachal-Pradesh
Hope through Action’ has been the triennial theme [D] Haryana
for World Suicide Prevention Day from 2021 to Explanation: Nagaland is famous for its King Chilli
2023. It aims to raise awareness on preventing also called as ‘Naga Mircha’. It is considered as one
suicides among organizations , the government and of the hottest chilli varieties in the world. The first
the public. ever Naga Mircha Festival was recently hosted by
When is the ‘International Day of Democracy’ Seiyhama Village Council sponsored by the
observed? Department of Horticulture. Seiyhama village has
[A]September8 become the dominant cultivator with a variety of
[B]September10 species including the Naga King chilli.
[C]September15 Operation London Bridge, which was seen in the
[D] September 20 news, is associated with which field?
Explanation: The International Day of Democracy is [A]BREXIT
observed every year on September 15. This year, [B]Russia-Ukraine-Crisis
the theme is “the importance of media freedom to [C]Plan-to-deal-with-monarch’s-death
democracy, peace, and delivering on the [D] India-UK Trade
Sustainable Development Goals”. The Day focuses Explanation: The plan to deal with the death of the
on the importance of freedom of media to head of state in Britain was termed Operation
democracy, peace, and delivering on the London Bridge. Queen Elizabeth II died at the age of
Sustainable Development Goals. It also provides an 96 after reigning for 70 years.
opportunity to review the state of democracy in the The plan lists the procedures that explain moments
world. after her death and culminate with her funeral 10
days later. The part of the plan for her death at her
Other News castle in Scotland was codenamed ‘Operation
The Sea of Okhotsk, which was seen in the news, is Unicorn’.
a sea of which Ocean? India is set to re-introduce Cheetahs from Namibia
[A]Pacific-Ocean in which National Park?
[B]Atlantic-Ocean [A]Kuno-Palpur-National-Park
[C]Indian-Ocean [B]Jim-Corbett-National-Park
[D]Southern Ocean [C]Ranthambore-National-Park
Explanation: The Sea of Okhotsk is a marginal sea of [D] Kaziranga National Park
the Pacific Ocean with Japan and Russia and basin-

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 MENTOR CA
Current Affairs Q-A/ 1ST – 30TH SEPTEMBER 2022
Explanation: India is set to re-introduce Cheetahs [A]30
from South Africa’s Namibia in Madhya Pradesh’s [B]45
Kuno-Palpur-National-Park. After the Cheetahs [C]60
arrive in the National Park, they will stay in smaller [D] 70
enclosures during the quarantine phase before Explanation: Queen Elizabeth II, who passed away
being shifted to the bigger ones. Cheetahs went recently at the age of 96, ascended the royal Britain
extinct in India in 1952 and the ‘African Cheetah throne in the year 1952. As of now, she is the
Introduction Project in India’ was started in 2009. longest serving monarch, who reigned for
Rakhigarhi, which was seen in the news, is located 70years.The Queen became the UK’s longest-
in which state/UT? serving monarch in 2015, when she surpassed the
[A]Punjab record of Queen Victoria, who had ruled from 1837
[B]Gujarat to 1901. Her eldest son, Charles, succeeds her on
[C]Haryana the throne as King Charles III.
[D] Madhya Pradesh Which businessperson was ranked first in the
Explanation: The world’s largest museum of Fortune India’s list of ‘India’s Richest’ for 2022?
Harappan culture is being constructed in [A]MukeshAmbani
Rakhigarhi. It is a village in Hisar district of Haryana, [B]GautamAdani
famous for its archaeological site from the Indus [C]CyrusPoonawala
Valley-civilisation-period. The world-class museum [D] Adi Godrej
will display 5000-year-old Indus Valley artefacts. Explanation: According to a Fortune India’s list of
Rakhigarhi was part of the Indus Valley Civilisation ‘India’s Richest’ for 2022, Gautam Adani was ranked
from 2600-1900 BC. In the skeletons found in the first with the wealth of Rs 10.29 trillion. The wealth
village, shell bangles, copper mirror and semi- of 142 billionaires based in India is collectively
precious stone beads were found. worth USD 832 billion (Rs 66.36 trillion). Asia’s
Bathukamma, which was seen in the news, is richest man Gautam Adani recently overtook
associated with which state? Amazon founder Jeff Bezos to become the third
[A]Odisha richest person in the world, according to Forbes
[B]Kerala real-time billionaires list.
[C]Telangana ‘The Green Fins Hub’, the first-ever global marine
[D] Karnataka tourism industry platform, is associated with
Explanation: Bathukamma is the official floral which institution?
festival celebrated by women of the state [A]WEF
Telangana. It is celebrated to deepen our [B]IMF
relationship with nature. [C]UNEP
The main celebrations of nine-day festival will be [D] UNICEF
held on 3rd October, as Saddula Bathukamma. Explanation: The Green Fins Hub is the first-ever
During the annual festival, women and girls sing and global marine tourism industry platform. The tool
dance around specially arranged flowers. has been developed by The Reef-World Foundation
Queen Elizabeth II, who passed away recently, was in partnership with the UN Environment
the monarch of Britan for how many years? Programme (UNEP). The tool helps to overcome
sustainability challenges in the marine conservation
tourism industry. It helps operators to make simple

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 MENTOR CA
Current Affairs Q-A/ 1ST – 30TH SEPTEMBER 2022
changes to their daily practices, keep track of their Explanation: Steven Spielberg’s film The Fabelmans
annual improvements and communicate with their won the prestigious People’s Choice Award at the
communities and customers. Toronto International Film Festival (TIFF) 2022. It is
Who is the director of the movie ‘The Fabelmans’, one of the most celebrated and semi-
which was seen in the news? autobiographical film. TIFF People’s Choice
[A]StevenSpielberg Documentary Award was won by ‘Black Ice’
[B]GeorgeLucas directed by Hubert Davis. TIFF People’s Choice
[C]MartinScorsese Midnight Madness Award was won by ‘Weird: The
[D] Quentin Tarantino Al Yankovic Story’, directed by Eric Appel.

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