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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 17th & 18th September 2023. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2023 & other competitive exams can make use of these Current Affairs Quiz.
1) The Reserve Bank of India (RBI) has imposed a fine on 4 cooperative banks. What is the total amount of fine received in rupees (Lakhs)?
(a) Rs. 14 lakhs
(b) Rs. 16 lakhs
(c) Rs. 12 lakhs
(d) Rs. 15 lakhs
(e) Rs. 10 lakhs
2) LIC hands over Rs.1,831.crore dividend cheques to Nirmala Shetty. How much percentage shareholding does Centre hold in Life Insurance Corporation of India?
(a) 92.5%
(b) 94.5%
(c) 96.5%
(d) 98.5%
(e) 93.5%
3) Mobikwik Introduces ‘Lens’ to Assist Users with Financial Wellness. Where is the MobiKwik headquarters located?
(a) Gujarat
(b) Bihar
(c) Haryana
(d) Punjab
(e) Assam
4) Which Bank has partnered with BriskPe to transform cross-border payments for micro, small, and medium enterprises in India?
(a) KVB
(b) DBS
(c) Yes
(d) IDBI
(e) ICICI
5) UPAg stands for Unified Portal for Agricultural Statistics and was launched by the Centre. Who launched UPAg?
(a) Agriculture Secretary
(b) Ministry of Agriculture and Farmers’ Welfare
(c) NITI Aayog members
(d) Central government
(e) State government
6) From October 1, 2023, all reported births and deaths across the country will be registered digitally on the Centre’s portal. When was the first centralized database updated in NPR?
(a) 2010
(b) 2012
(c) 2015
(d) 2014
(e) 2018
7) The 14th annual World Spice Congress kicked off in Vashi, Navi Mumbai. When was WSC founded?
(a) 1990
(b) 1989
(c) 1986
(d) 1992
(e) 1995
8) How long has UNDP India and NABARD been working together to promote data-driven agricultural innovation?
(a) 5
(b) 3
(c) 4
(d) 2
(e) 1
9) Which state governor has launched QCI’s mobile application ‘Sarpanch samvad’?
(a) Bihar
(b) Rajasthan
(c) Manipur
(d) Assam
(e) Goa
10) The Nobel Foundation has declared that the recipients of this year’s Nobel Prizes will receive an additional one million crowns each. Which country has received the Nobel Peace Prize?
(a) USA
(b) Japan
(c) China
(d) Norway
(e) Australia
11) According to the International Monetary Fund, global debt totaled $237 trillion in 2022, although it remained above pre-Covid levels. Which country has the largest 28% share of non-corporate debt worldwide?
(a) USA
(b) Japan
(c) China
(d) Norway
(e) Australia
12) REC Limited has approved a loan of Rs. 6.075 Crore for the establishment of a standalone Pumped Storage Project by Greenko, a renewable energy company. REC is on a mission to achieve a green finance portfolio of how much lakh Crore by fiscal year 2030?
(a) Rs. 2 lakh crore
(b) Rs. 3 lakh crore
(c) Rs. 4 lakh crore
(d) Rs. 5 lakh crore
(e) Rs. 8 lakh crore
13) The Chairperson of Audit Bureau of Circulations (ABC) for the financial year 2022-2023-24 is Srinivasa K Swamy. Where is ABC’s Headquarters located?
(a) Mumbai
(b) Delhi
(c) Bengaluru
(d) Pune
(e) Kolkata
14) Indian Revenue Service (IRS) Officer Rahul Navin has been appointed as Interim Director, Enforcement Directorate. When was FEMA first introduced?
(a) 2018
(b) 2019
(c) 2020
(d) 2016
(e) 2014
15) Indian Air Force receives its first C-295 aircraft manufactured by Airbus in Spain. How much did the project cost?
(a) ₹21,635 crores
(b) ₹21,935 crores
(c) ₹21,735 crores
(d) ₹21,835 crores
(e) ₹21,435 crores
16) Air India has entered into an interline agreement with Bangkok Airways to increase the number of gateway destinations to and from how many destinations in Thailand?
(a) 10
(b) 8
(c) 7
(d) 15
(e) 6
17) TPREL signed an MoU with SIDBI. Which scheme did SIDBI provide for micro, small and medium enterprises sector?
(a) 5E
(b) 4E
(c) 7E
(d) 3E
(e) 2E
18) Under which state, REC has entered into a debt-for-equity swap agreement with Serentica for Greenfield project of 560 MW solar-wind project (Rs. 3081 crore)?
(a) Karnataka
(b) Kerala
(c) Rajasthan
(d) Gujarat
(e) Haryana
19) India leads the way in local crypto adoption in how many parameters in which India ranked first?
(a) 3
(b) 4
(c) 5
(d) 6
(e) 8
20) When was World Patient Safety day celebrated?
(a) September 16
(b) September 17
(c) September 18
(d) September 19
(e) September 15
Answers :
1) Answer: A
The Reserve Bank of India (RBI) has imposed monetary penalties on 4 cooperative banks for deficiencies in regulatory compliance. The Becharaji Nagarik Sahakari Bank Limited., located in Mehsana, Gujarat, has been penalised ₹2.00 lakh. The Waghodia Urban Co-operative Bank Ltd., located in Vadodara, Gujarat, faces a penalty of ₹5.00 lakh.The Viramgam Mercantile Co-operative Bank Ltd., situated in Ahmedabad, Gujarat, is also penalised ₹5.00 lakh.The Baramati Sahakari Bank Ltd., based in Baramati, Pune,Maharashtra has received a penalty of ₹2.00 lakh.
2) Answer: C
The Life Insurance Corporation of India (LIC) presented a dividend cheque of Rs 1,831.09 crore to Finance Minister (FM) Smt Nirmala Sitharaman. The dividend payment was approved by LIC shareholders at the Annual General Meeting held on August 22, 2023.This dividend amount represents the Centre’s share of the dividend for the fiscal year 2022-23.As of June 2023, the Centre held an equity stake of 96.5% in LIC.In May 2022, LIC, which is the country’s largest insurer, launched its mega ₹21,000 crore initial public offering (IPO).
3) Answer: C
MobiKwik, a digital banking platform, has introduced a new feature called “Lens” to assist users with their financial wellness. MobiKwik Lens leverages Account Aggregator technology, which is a data science framework. This technology is used to make complex financial data more understandable and actionable for users.Founded : 2009. Headquarters : Gurugram, Haryana.Co-founder and CEO : Bipin Preet Singh. MobiKwik is an Indian payment service provider that provides a mobile phone-based payment system and digital wallet.
4) Answer: C
GoBrisk Technologies Private Limited (BriskPe), a cross-border payments FinTech company, and YES BANK have entered into a partnership to introduce BriskPe Account to Account (A2A) , a cutting-edge suite of solutions designed to empower exporters and importers. The partnership enables BriskPe’s customers to collect payments in more than 36 foreign currencies from over 180 countries.Funds collected in foreign currencies can be converted into Indian Rupees (INR) and settled directly into the local bank accounts of Indian businesses within a single business day.
5) Answer: C
The Centre launched a unified portal for agricultural statistics and named it as UPAg (Unified Portal for Agricultural Statistics) and termed it as a groundbreaking move to address the complex governancechallenges India’s farm sector is facing now. Agriculture Secretary Manoj Ahuja claimed that the UPAg portal will help users to have access to credible, granular and objective data. Unified Portal for Agricultural Statistics developed by the Ministry of Agriculture and Farmers’ Welfare (DA & FW) was launched by NITI Aayog members.It is a crucial component of the Digital Public Infrastructure for Agriculture.
6) Answer: C
NPR, first collected in 2010and updated in 2015 through door-to-door enumeration, already has a database of 119 crore residents. NPR is the first step to the creation of the National Register of Citizens (NRC), as per the Citizenship Act.It will be compulsory for States to register births and deaths on the Centre’s Civil Registration System (CRS) portal and share data with the RGI which functions under the Union Home Ministry.
7) Answer: A
The 14th edition of the World Spice Congress (WSC) began at Vashi in Navi Mumbai. World Spice Congress (WSC) was planned and conceived in 1990 as a forum for discussion and interaction between the importers and exporters of spices. It is the conglomeration of the global spice industry that has become the most apt platform to deliberate the concerns and considerations of the sector over its three-decades-long presence.
8) Answer: A
The United Nations Development Programme (UNDP) and the National Bank for Agriculture and Rural Development (NABARD) have signed a 5-year Memorandum of Understanding (MoU).To co-create data-driven digital public goods, including DiCRA (Data in Climate Resilient Agriculture), with a focus on building sustainable agricultural practices and securing livelihoods, especially for small farmholders, including women. The MoU was signed by Mr. Sanjeev Rohilla, Chief General Manager of NABARD, and Ms. Isabelle Tschan, UNDP Deputy Resident Representative.
9) Answer: D
Assam Governor Shri Gulab Chand Kataria launched the ‘Sarpanch Samvad’ mobile app at Raj Bhavan in Guwahati, Assam. The ‘Sarpanch Samvad’ app has been developed by the Quality Council of India (QCI). To provide comprehensive support to sarpanchs (village heads) and promote their growth as leaders. To connect approximately 2.5 lakh sarpanchs across India & serves as a holistic platform for networking, knowledge dissemination, and collaboration among sarpanchs.
10) Answer: D
In 2023 laureates will receive a total financial reward of 11 million Swedish crowns which is equivalent to around 986,000 dollars (8.1 crore rupees). This increase has made this year’s cash award the most valuable, to be handed out in the more than 100-year history of the Nobel Prize.The prize money has been adjusted up and down in recent years. In 2012, the foundation reduced the prize money from 10 million crowns to 8 million in order to strengthen its finances. The laureates will then be invited to receive their awards at prize ceremonies on the 10th of December, which is the anniversary of award founder Alfred Nobel’s death in 1896. The prestigious Peace Prize is handed out in Oslo, Norway while the other award ceremonies are held in Stockholm.
11) Answer: C
Before the pandemic, global debt-to-GDP ratios had risen for decades. Global public debt tripled since the mid-1970s to reach 92 per cent of GDP (or just above $91 trillion) by end-2022.China played a central role in increasing global debt in recent decades as borrowing outpaced economic growth. Debt as a share of GDP has risen to about the same level as in the United States, while in dollar terms China’s total debt ($47.5 trillion) is still markedly below that of the United States (close to $70 trillion). As for non-financial corporate debt, China’s 28% share is the largest in the world.
12) Answer: B
The National Electricity Plan of the Central Electricity Authority estimates an overall Renewable installed capacity growth of around 4 times between FY 2022 and FY 2032 (~7 times under Solar, ~5.5 times under Pumped Storage Project, ~3 times under Wind). With a steadfast vision and unyielding dedication, REC is firmly set on a path to attain a green finance loan portfolio totalling Rs. 3 lakh Crore by the fiscal year 2030.
13) Answer: A
Srinivasan K Swamy, Executive Chairman of R K Swamy Hansa Group, has been elected as the Chairman of Audit Bureau of Circulations (ABC) for the year 2023-2024.He was honored with the Lifetime Achievement Award by the Advertising Agencies Association of India (AAAI). Headquarters: Mumbai, Maharashtra, India. The Audit Bureau of Circulations (ABC) of India is a non-profit circulation-auditing organization.
14) Answer: B
Rahul Navin, a 1993-batch Indian Revenue Service (IRS) officer, has been appointed as the in-charge director of the Enforcement Directorate (ED), succeeding the incumbent Sanjay Kumar Mishra.It is responsible for the enforcement of the Foreign Exchange Management Act 2019 (FEMA), Fugitive Economic Offenders Act, 2018, and certain provisions under the Prevention of Money Laundering Act. The primary focus of the Enforcement Directorate is to investigate and prosecute cases related to money laundering, foreign exchange violations, and economic offences.
15) Answer: B
The Indian Air Force (IAF) has received the first C-295MW transport aircraft from Airbus in Seville, Spain. The IAF has ordered a total of 56 C-295MW aircraft under a project valued at ₹21,935 crores.The C-295MW is a transport aircraft with a capacity of 5-10 tonnes.The new C-295MW aircraft will replace the legacy Avro aircraft in the Indian Air Force, which were procured in the 1960s.
16) Answer: A
Air India has entered into an interline partnership with Bangkok Airways in order to provide greater connectivity within Thailand and other countries in Southeast Asia. The agreement comprises seamless connections via Air India’s Bangkok, Hong Kong and Singapore gateways to and from 10 destinations in Thailand, Laos and Cambodia on Bangkok Airways’ route network as well as complimentary lounge access at available airports regardless of cabin class.In addition to the Bangkok gateway, Air India passengers can also choose to fly to Koh Samui via Singapore and Hong Kong.
17) Answer: B
Tata Power Renewable Energy Ltd (TPREL) inked a Memorandum of Understanding (MoU) with the Small Industries Development Bank of India (SIDBI) to provide accessible financing options to micro, small, and medium enterprises (MSMEs) looking to adopt solar solutions. This collaboration aims to promote solar energy adoption among MSMEs by providing tailored and innovative financing solutions through SIDBI’s 4E (End-to-End Energy Efficiency) Scheme, which offers competitive interest rates and flexible loan limits, catering to the specific needs of the MSME sector.
18) Answer: A
REC Limited has sanctioned debt funding of more than Rs. 3,081 Crore to renewable energy company Serentica Renewables for its 560 MW peak greenfield solar-wind hybrid project in Gadag district of Karnataka. The loan documentation has been signed and disbursement of funds is being done.REC Limited, a Maharatna company, has emerged as a frontrunner in catalyzing India’s energy transition, in alignment with the nation’s COP26 commitments and recent G20 pledges under India’s G20 Presidency. most recently at the G20 Summit hosted by the country.
19) Answer: B
India has been ranked first in grassroots crypto adoption, even amid a tough regulatory environment, according to Chainalysis’ 2023 Global Crypto Adoption Index. The country ranked first in four parameters including centralized service value received, retail centralized service value received, DeFi value received and Retail DeFi value received. In 2022, India stood fourth, based on the report. However, India is also advocating for worldwide crypto legislation,
20) Answer: B
Every year September 17 is observed as World Patient Safety Day. The World Patient Safety Day Theme in 2023 is”Engaging patients for patient safety”, to recognize the crucial role patients, families, and caregivers play in the safety of health care. In the year of 2019, the World Health Assembly established World Patient Safety Day with a resolution on patient safety at the international level.The World Health Assembly adopted the resolution WHA 72.6 on “Global action on patient safety” which was built on a series of Annual Global Ministerial summits in 2016.
