Daily Current Affairs Quiz:
The Current Affairs Quiz section of Crack Adda aims to help aspirants to revise Current Affairs for 10th & 11th December at ease. The Current Affairs questions and answers cover topics such as The Reserve Bank of India (RBI), Dina Boluarte, India’s first-ever surety bonds insurance product, USD 780 million loans to expand Chennai metro rail network, 9th World Ayurveda Congress and Arogya Expo 2022.
Q1. The Reserve Bank of India (RBI) has signed a Currency Swap Agreement with which country’s monetary authority?
d) Sri Lanka
Correct Answer: c) Maldives
Explanation: The Reserve Bank of India (RBI) has signed a Currency Swap Agreement with the Maldives Monetary Authority (MMA) under the SAARC Currency Swap Framework. This agreement will enable the MMA to make withdrawals in multiple tranches up to a maximum of USD 200 million from the RBI.
Q2. Dina Boluarte was recently selected as the first female President of which country?
Correct Answer: b) Peru
Explanation: Dina Boluarte was appointed as Peru’s first female president amid a political crisis when her predecessor and former boss Pedro Castillo was ousted in an impeachment trial. Peru’s leftist president Pedro Castillo was ousted by lawmakers and detained by police after he tried to illegally shut down Congress.
Q3. Which Union Ministry is set to launch India’s first-ever surety bonds insurance product to boost infrastructure?
a) Ministry of Road Transport and Highways
b) Ministry of Finance
c) Ministry of Communication
d) Ministry of Housing and Urban Affairs
Correct Answer: a) Ministry of Road Transport and Highways
Explanation: The Ministry of Road Transport and Highways (MoRTH) will launch India’s first-ever surety bonds insurance product to boost liquidity in the infrastructure sector, as per Union minister Nitin Gadkari. The surety bonds will help in boosting the liquidity in the infrastructure sector by providing relief to the contractors’ working capital stuck in bank guarantees.
Q4. Which institution has approved USD 780 million loans to expand Chennai metro rail network?
a) World Bank
Correct Answer: b) ADB
Explanation: The Asian Development Bank (ADB) approved financing of USD 780 million to build new lines for Chennai’s metro rail and improve the network’s connectivity with bus and feeder services. The project will construct 10.1 km of an elevated section, nine metro stations, 10 km of the underground section among others. The stations will be disaster- and climate-resilient and responsive to the needs of the elderly, women, children, and the differently abled.
Q5. Which state/UT is the host of 9th World Ayurveda Congress and Arogya Expo 2022?
Correct Answer: b) Goa
Explanation: The 9th World Ayurveda Congress (WAC) and Arogya Expo 2022was inaugurated today at Panaji, Goa. It aims to showcase the efficacy of AYUSH systems of medicine at Global level. The third edition of the ‘Ayushman’ comic book series was also released on this occasion. A MoU was signed between All India Institute of Ayurveda (AIIA) and Rosenberg’s European Academy of Ayurveda, Germany for advanced studies in traditional Indian medicine systems.