3rd December 2022

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Agni Warrior (XAW) 2022

The 12th edition of Agni Warrior (XAW) 2022, a bilateral exercise between the
Singapore Armed Forces (SAF) 8& Indian Army (TA) 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.

The 12th edition of Agni Warrior (XAW) 2022, a bilateral exercise between the
__________ Armed Forces & Indian Army (IA) conducted at Maharashtra In
November 2022

A – Singapore
B – France
C – United States of America
D – Indonesia
E – Sri Lanka

CAGs of India, Chile sign MoU to support capacity building

The Comptroller and Auditor Gerneral (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.

Which country has recently (in Dec ’22) signed an MoU with India to enhance the professional practices between two countries?

A – Brazil
B – Chile
C – Germany
D – Japan
E – Argentina

Bank Of Baroda Launches Foreign Currency Loan Against INR Deposits For Corporates From GIFT City

Bank of Baroda (BoB) has launched Foreign Currency Loan against INR Deposits of Indian Conmpanies 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.

Which bank has recently (in Dec 22) launched Foreign Currency Loan against
INR Deposits Indian Companies?

A – Bank of India
B – Union Bank of India
C – Indian Bank

D – Bank of Baroda
E – Canara Bank

IIFL Mutual Fund launches Indias first passive tax-saver fund

IIFL Mutual Fund has launched India s first passive tax saver fund, IlFL 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.

Name the Mutual Fund that has recently (in Dec 22) India’s first passive tax saver fund, INS0.

A – HDFC Mutual Fund
B – Edelweiss Mutual Fund
C – IIFL Mutual Fund
D – Axis Mutual Fund
E – SBI Mutual Fund

City Union Bank authorised to enable GST payments

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 UPL 123pay, payment on the go using wearables, increased payment limit for online transactions, and soft launch of voice biometric verification for mobile banking.

Which bank has recently (in Dec ’22) authorized to enable Goods and Services Tax (GST) Payments?

A – Indusind Bank
B – Axis Bank
C – Kotak Mahindra Bank
D – ICICI Bank
E – City Union Bank

Tata Play becomes first firm to file confidential papers with Sebi for IPO

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). Will be the lata group’s PO In 2 decades. he group last entered the primary market through TCS in 2004.

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).

A – NDTV
B – Tata Play
C – Republic TV
D – Star Plus

E – India TV

Burgundy Private Hurun India 500: Reliance tops the list, two Adani units in top 10

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.
I. lata Consultancy Services (ICS), which employs S,92,195 people, is the largest
private employer in India followed by Quess Corp Limited (Quess).
ii. The pharmaceutical company Serum Institute of India (SII) is the most valued
unlisted company in India, followed by edtech (education technology) giant BYJU’s.

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.

A – Only A
B – Only B
C – Only C
D – Only A & B
E – Only B &C

RBI approves YES Bank’s capital increase plan from Carlyle Group and Verventa Holdings

The Reseve 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.

In December 2022, the RBI granted conditional approval to the Carlyle Group and Verventa Holdings to acquire 9.99% Stake each in which bank?

A – ICICI Bank
B – HDFC Bank
C – Axis Bank
D – YES Bank
E – IDBI Bank

World Computer Literacy Day

The 22nd World Computer Literacy Day was observed on 2nd December 2022 to
raise public knowleddge 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

The ________ World Computer Literacy Day was observed on 2nd December 2022.

A – 22nd
B – 25th
C – 23rd
D – 21st
E – 20th

International Day for the Abolition of Slavery – the United Nations

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.

When was United Nations (UN)’s International Day for the Abolition of Slavery 2022 observed across the globe?

A – 28th November 2022
B – 1st December 2022
C – 2nd December 2022
D – 30th November 2022
E – 29th November 2022

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