Daily Current Affairs Quiz – 02nd March 2023

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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 02nd March 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.

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1) Which organization has recently reduced the timeline for withdrawal from NPS subscribers for processing partial withdrawal requests from 4 working days (T+4) to 2 working days (T+2) across all CRAs?

(a) EPFO

(b) PFRDA

(d) SEBI

(e) IRDAI

2) As per the newspaper report, Which Mutual Fund is set to launch India’s first International Debt Fund?

(a) HDFC Mutual Fund

(b) Aditya Birla Sun Life Mutual Fund

(d) Axis Mutual Fund

(e) ICICI Mutual Fund

3) Which of the following bank has partnered with Experian India for credit portfolio management?

(a) Union Bank of India

(b) Punjab National Bank

(d) Bank of Maharashtra

(e) Central Bank of India

4) With which bank, the Export-Import Bank of India (India Exim Bank) have entered into an agreement under the Trade Assistance Programme (TAP) to support cross-border trade transactions?

(a) Axis Bank

(b) HDFC Bank

(d) Bank of Baroda

(e) YES Bank

5) The Food Safety and Standards Authority of India (FSSAI) has notified Food Safety and Standards (Food Products Standards and Food Additives) Second Amendment Regulations, 2023.These standards will be enforced on _____________.

(a) 31 July 2023

(b) 01 April 2023

(d) 31 December 2023

(e) 01 January 2024

6) What percentage of India’s 94.5 crore voters have their Aadhaar numbers linked to their voter IDs, according to the Election Commission (EC) report?

(a) 72%

(b) 81%

(d) 58%

(e) 69%

7) Life Insurance Corporation of India (LIC) has decreased its shareholding from 5.433% to _________ of the paid-up capital.

(a) 4.652%

(b) 3.842%

(d) 3.362%

(e) 2.244%

8) Which of the following country has signed an agreement with the International Solar Alliance (ISA) to increase the use of solar energy in the country?

(a) Australia

(b) Saudi Arabia

(d) Bangladesh

(e) China

9) Which edition of the New Delhi World Book Fair (NDWBF) has been organised at Pragati Maidan, New Delhi, India?

(a) 16^th

(b) 23^rd

(d) 31^st

(e) 17^th

10) Karnataka Chief Minister Basavaraj Bommai has confirmed the construction of India’s first Marina which will be constructed at Byndoor in the __________district of Karnataka.

(a) Mangaluru

(b) Bengaluru

(d) Udupi

(e) Dharmasthala

11) Which of the following e-commerce has announced that it will join the Indian government’s ONDC (Open Network for Digital Commerce) platform?

(a) American Express

(b) Google

(d) Amazon

(e) Microsoft

12) According to the latest Department for Promotion of Industry and Internal Trade data,Foreign direct investment (FDI) into India declined by how many percentages during the April-December this fiscal?

(a) 11 per cent

(b) 15 per cent

(d) 21 per cent

(e) 24 per cent

13) President Droupadi Murmu has presented the Sangeet Natak Akademi awards and fellowships for the years 2019, 2020 and 2021.The awards are given to artists from the field of _____________.

(a) Music

(b) Dance

(d) Puppetry

(e) All of the above

14) Which company has signed a Memorandum of Understanding (MoU) with Cisco and the Aeronautical Development Agency (ADA), DRDO?

(a) NTPC

(b) BHEL

(d) SAIL

(e) HAL

15) Which state government has entered into an agreement with UN Women, boosting women-friendly activities in the State’s tourism sector?

(a) Tamil Nadu

(b) Odisha

(d) Punjab

(e) Kerala

16) Which of the following mental health initiative from the Aditya Birla Education Trust has signed an MoU with NIMHANS to support the implementation of Tele MANAS in India?

(a) Nelnet

(b) Prodigy

(d) Earnest

(e) Mpower

17) Which of the following IIT has partnered with the General Insurance Corporation of India (GIC Re) to develop a urine-based tuberculosis diagnosis or screening?

(a) IIT Madras

(b) IIT Delhi

(d) IIT Kanpur

(e) IIT Bombay

18) The India Pulses and Grains Association (IPGA) has inaugurated its three-day mega global seminar ‘The Pulses Conclave 2023’ in_______________.

(a) Chennai, Tamil Nadu

(b) Mumbai, Maharashtra

(d) Varanasi, Uttar Pradesh

(e) Surat, Gujarat

19) Which of the following company has signed an agreement with ride-hailing company Uber to supply 25,000 electric vehicles (EVs)?

(a) Adani Limited

(b) L&T

(d) Vedanta

(e) Reliance Industries

20) Who has been appointed as the new Secretary General of the Federation of Indian Chambers of Commerce & Industry (FICCI)?

(a) Jagadesh Kumar

(b) T.G.Sitharam

(d) Rajiv Kumar

(e) Shailesh Pathak

21) Recently in March 2023, Who has been appointed as the brand ambassador of the Beverage maker PepsiCo?

(a) Akshay Kumar

(b) Ranveer Singh

(d) Shah Rukh Khan

(e) Ajay Devgan

22) Indian Air Force (IAF) will take part in the multinational exercise Cobra Warrior at the Waddington Air Force Base of the Royal Air Force in _____________.

(a) USA

(b) South Africa

(d) United Kingdom

(e) France

23) Under Operation______________, Indian Air Force (IAF) has arranged 3 flights to evacuate stranded passengers from Jammu to Leh and Chandigarh to Thoise in Nubra.

(a) Arambavana Programme

(b) Karbhavna Programme

(d) Sathuruthiya Programme

(e) Sadbhavna Programme

24) Which country space agency has successfully launched the Soyuz MS-23 spacecraft to bring back 3 astronauts stranded on the International Space Station (ISS) following a leak in the cooling system in their Soyuz capsule?

(a) Russia

(b) UAE

(d) India

(e) Japan

25) When is the Federation of Indian Chambers of Commerce & Industry (FICCI) founded?

(a) 1987

(b) 1983

(d) 1939

(e) 1927

Answers :

1) Answer: B

The Pension Fund Regulatory Development Authority (PFRDA) has reduced the timeline for withdrawal from the National Pension System (NPS) subscribers for processing partial withdrawal requests from 4 working days (T+4) to 2 working days (T+2) across all Central Record Keeping Agencies (CRAs).

2) Answer: C

IDFC Mutual Fund (MF) is set to launch India’s first international debt fund, the IDFC US Treasury Bond 0-1 Year FOF (fund of funds).

With this international debt fund, Indian retail investors can now have access to diversify their investments and invest in ultra-safe, currently high-yield US treasury securities.

They can also use this FOF as a hedge against their exposure to the US dollar (USD).

3) Answer: D

The Bank of Maharashtra (BoM) announced a strategic partnership with Experian India, In order to strengthen the digital security of the services.

Aim :

To provide a comprehensive suite of services such as credit risk, advanced analytics, and fraud prevention.

Key Highlights :

Experian is collaborating with BoM to provide innovative solutions throughout the customer lifecycle, enabling the bank to onboard New to Credit (NTC) and New to Bank customers (NTB) and service existing customers efficiently.

4) Answer: C

RBL Bank and Export-Import Bank of India (India Exim Bank), have entered into an agreement under the Trade Assistance Programme (TAP), to support cross-border trade transactions.

Under the TAP, India Exim Bank aims to facilitate and enhance India’s exports globally by providing credit enhancement to trade instruments.

Key Highlights :

Through the programme, India Exim Bank will extend trade lines to participating overseas banks/institutions in emerging markets.

The credit enhancements to trade instruments will help mobilise trade finance and would increase support to Indian exporters.

5) Answer: C

The Food Safety and Standards Authority of India (FSSAI) has specified a comprehensive group standard for millets.

It has notified Food Safety and Standards (Food Products Standards and Food Additives) Second Amendment Regulations, 2023.

The standards will be enforced on September 1, 2023.

So far, individual standards for only a few millets like jowar, ragi, bajra and Amaranth are prescribed in the Food Safety and Standards (Food Product Standards and Food Additives) Regulations, 2011.

FSSAI has now framed a comprehensive group standard for 15 types of millets specifying 8 quality parameters i.e., maximum limits for moisture content, uric acid content, extraneous matter, other edible grains, defects, weevilled grains, and immature and shriveled grains, so as to ensure availability of good quality (standardized) millets in domestic and global markets.

6) Answer: C

As per the response from the Election Commission (EC) through RTI has disclosed that over 60% of India’s 94.5 crore voters in India have linked their Aadhaar number to their voter IDs.

The Election Laws (Amendment) Act, 2021 was passed to deduplicate electoral rolls by allowing election authorities to collect the 12-digit number from voters.

The total number of voters who have their Aadhaar linked is 56, 90, 83,090.

Tripura has the highest rate of Aadhaar linking; over 92% of voters in the State.

The per-State percentages given here are based on total voter enumerations released by States and Union Territories in the past three years.

After Tripura, Lakshadweep and Madhya Pradesh occupy the second and third spots, with over 91% and 86% of voters having provided the number respectively.

Voters in southern States have not provided their Aadhaar in such proportions, even though they are above the national average.

Andhra Pradesh and Karnataka both fell to 71%, whereas the number stands around 63% and 61% for Tamil Nadu and Kerala.

The State with the lowest Aadhaar registration by voters is Gujarat, where only 31.5% of voters have linked the document to their voter registration.

Less than 34% of voters in the Delhi had their Aadhaar linked.

7) Answer: D

Life Insurance Corporation of India (LIC) has diluted its shareholding in ‘Industrial Investment Trust Limited’(IITL) from 12,25,017 to 7,57,966 Equity Shares decreasing its shareholding from 5.433% to 3.362% of the paid-up capital.

It sold about 4.67 lakh shares of IITL at an average price of ₹88.39 between July 6, 2012, and February 23, 2023, the insurance major informed the exchanges.

8) Answer: D

The government of Bangladesh signed an agreement with the International Solar Alliance (ISA) to increase the use of solar energy in Bangladesh.

The agreement was signed between the ISA Director General Ajay Mathur and the Bangladesh Power Division Secretary Habibur Rahman.

The agreement is to be implemented by December 2026.

9) Answer: D

The 31st edition of the New Delhi World Book Fair (NDWBF) is being organised from 25th Feb, 2023 to 5th Mar, 2023 at Pragati Maidan, New Delhi, India.

Education Minister Dharthe Mendra Pradhan has inaugurated the fair & Publications Division, Ministry of Information and Broadcasting, is participating in the event.

The 9-day mega fair is being organised by the National Book Trust (NBT), India, an autonomous organization under the Ministry of Education, Government of India in collaboration with India Trade Promotion Organisation (ITPO).

France has been designated as the Guest of Honor country at the World Book Fair.

Theme of the ‘International Book Fair’ is “Elixir of Freedom”, to celebrate and remember 75 years of India and its glorious past in honour of the 75th anniversary of India’s independence.

10) Answer: D

Karnataka Chief Minister Shri Basavaraj Bommai has confirmed the construction of India’s first Marina which will be constructed at Byndoor in the Udupi district, Karnataka

Aim :

To promote coastal tourism in Karnataka.

He announced this while addressing a function “Seven Wonders of Karnataka” organized by the Department of Tourism.

11) Answer: D

Amazon has announced that it will join the Indian government’s ONDC (Open Network for Digital Commerce) platform.

Amazon is planning to integrate its logistics network (from pickup to delivery) and SmartCommerce services with the Open Network for Digital Commerce (ONDC).

SmartCommerce is an AWS-powered suite of SaaS products that enables MSMEs to build and scale their businesses across digital mediums.

In 2022, Microsoft became the first big technology company to join the network with an intention of introducing group buying in the Indian market through social e-commerce.

12) Answer: B

Foreign direct investment (FDI) into India declined by 15 per cent to USD 36.75 billion during the April-December this fiscal, according to the latest Department for Promotion of Industry and Internal Trade data.

The FDI inflows stood at USD 43.17 billion during the corresponding period of the previous year.

The total FDI inflows, which includes equity inflows, re-invested earnings and other capital, declined to USD 55.27 billion during the nine months of the current fiscal year as against USD 60.4 billion in the year-ago period.

During April-December 2022-23, Singapore emerged as the top investor with USD 13 billion FDI.

It was followed by Mauritius (USD 4.7 billion), the US (about USD 5 billion), the UAE (USD 3.1 billion), the Netherlands (USD 2.15 billion), Japan (USD 1.4 billion), and Cyprus (USD 1.15 billion), the data showed.

The computer software and hardware sector attracted the highest inflows of USD 8 billion during the nine-month period of this fiscal.

13) Answer: E

President DroupadiMurmu has presented the SangeetNatakAkademi awards and fellowships for the years 2019, 2020 and 2021.

On the occasion, eight eminent personalities were given SangeetNatakAkademi Fellowships in the field of performing arts

A total of 128 artists from the field of music, dance, theatre, traditional, folk, and puppetry were given the Awards.

The Akademi also honoured 86 artistes with special one-time awards commemorating 75 years of India’s Independence.

The awards are given to artists from the field of Music, Dance, Theatre, Traditional/Folk/Tribal Music/Dance/Theatre, Puppetry and Overall contribution/scholarship in the Performing Arts etc.

The Akademi Awards carries purse money of Rs. 1.00 lakh, a Tamrapatra and an Angavastram.

14) Answer: C

Bharat Electronics Ltd (BEL) announced signing Memorandums of Understanding (MoU) with Cisco and the Aeronautical Development Agency (ADA), DRDO.

BEL and Cisco have entered into a long-term strategic cooperation in the areas of networking, collaboration, and security, among other associated services.

According to the company, the partnership aims to leverage the strengths and capabilities of BEL and Cisco to capitalise on opportunities emerging in the domains of network and security.

Additionally, Cisco will explore the establishment of a Cisco Network Training Academy at the BEL Academy for Excellence (Nalanda), Bengaluru.

15) Answer: E

Kerala entered into an agreement with UN Women, boosting women-friendly activities in the State’s tourism sector by training stakeholders who include young representatives and civil organisations.

A memorandum of understanding signed by Kerala Tourism Director P.B. Nooh and UN Women India representative Susan Ferguson agreed to work towards promoting gender-inclusive tourism sites in the State.

The Responsible Tourism Mission will be the implementing agency for the MoU.

As per the pact inked at the first-ever Global Responsible Tourism Summit in Kumarakom, both parties will promote women-friendly tourism in Kerala.

This will be done by creating modules and capacity-building of relevant stakeholders, besides providing advisory support for baseline research, implementing women-friendly tourist destinations and supporting interventions to change prevalent discriminatory social norms.

16) Answer: E

Mpower, a mental health initiative from the Aditya Birla Education Trust, is collaborating with NIMHANS (National Institute of Mental Health and Neuro-Sciences) towards expanding the implementation of Tele MANAS mental health support services across India.

A Memorandum of Understanding was signed between the two organisations, where-in Mpower will be responsible for setting up, operating, and managing the Tele MANAS centres.

NIMHANS will provide Mpower access to the platform, operating guidelines, training and mentoring, monitoring and the framework needed to operate the centres.

17) Answer: A

The IIT Madras is partnering with the General Insurance Corporation of India (GIC Re) to develop a urine-based tuberculosis diagnosis or screening.

The envisaged product is anticipated to be faster and far more affordable than the existing point-of-care diagnostic kits available for various diseases such as blood glucose monitors.

18) Answer: B

The India Pulses and Grains Association (IPGA) and IBRAFE, Brazil, have signed an MoU at the recently held sixth edition of the Pulses Conclave in Mumbai to establish cooperative actions to contribute to the food security of both countries.

IBRAFE is the Brazilian Institute of Beans, Pulses and Special Crops.

As part of the MoU, both countries will take steps to foster the development of international trade between India and Brazil.

19) Answer: C

Tata Motors, India’s largest electric passenger vehicle manufacturer, has signed an agreement with ride-hailing company Uber to supply 25,000 electric vehicles (EVs).

The agreement is the largest EV commitment between an automotive manufacturer and a ride-sharing platform in India.

Under the agreement, Uber will deploy Tata Motors’ XPRES-T EVs by partnering fleet operators in Delhi National Capital Region, Mumbai, Kolkata, Chennai, Hyderabad, Bengaluru, and Ahmedabad.

Uber has committed to 100 per cent of rides taking place in zero-emission vehicles, on public transit, or with micro-mobility by 2040.

20) Answer: E

Former bureaucrat Mr Shailesh Pathak has been appointed as the new Secretary General of the Federation of Indian Chambers of Commerce & Industry (FICCI) with effect from March 01, 2023.

He Succeeds Mr Dilip Chenoy, who stepped down as Secretary General of FICCI in Oct 2022.

FICCI also announced that Mr Arun Chawla, Director General (DG), will superannuate on June 30, 2023, and transition to an advisory role.

21) Answer: B

Beverage maker PepsiCo has appointed Bollywood actor Ranveer Singh as its brand ambassador.

Also the company unveiled a new campaign with the tagline Rise Up Bsaby, targeting younger consumers as it gears up for a prolonged summer that could help lift sales of cold drinks.

Singh joins Pepsi’s growing league of celebrity endorsers.

In 2019, the brand roped in actor Salman Khan.

In recent times, the Pepsi brand also declared KGF-fame Actor Yash to be screened as the brand’s leading face.

22) Answer: D

Indian Air Force (IAF) will take part in the multinational exercise Cobra Warrior at the Waddington Air Force Base of the Royal Air Force in the United Kingdom (UK).

The exercise is scheduled from the 6th of March to 24th of March, 2023.

Participants :

An IAF contingent consisting of 145 airmen departed from Jamnagar Air Force Station to participate in Exercise Cobra Warrior.

Five Mirage 2000 fighter aircraft, two C-17 Globemaster and one IL-78 mid-air refueler aircraft of the Indian Air Force, will participate in the exercise.

23) Answer: E

Under the Operation Sadbhavna Programme, Indian Air Force (IAF) has arranged 3 flights to evacuate stranded passengers from Jammu to Leh and Chandigarh to Thoise in Nubra.

Key Highlights :

A total of 393 passengers in two sorties were airlifted from Jammu to Leh.

Similarly, in another sortie, 221 passengers were airlifted from Chandigarh to Nobra.

The IAF used its IL-76 aircraft for this operation.

Since air fare has risen up to 70 thousand rupees, the new Lieutenant Governor Brigadier Dr. BD Mishra came to the rescue by arranging the aircraft in collaboration with the IAF.

24) Answer: A

Russian space agency Roscosmos has successfully launched the Soyuz MS-23 spacecraft to bring back 3 astronauts stranded on the International Space Station (ISS) following a leak in the cooling system in their Soyuz capsule.

The unmanned Soyuz MS-23 lifted off from Baikonur space centre in Kazakhstan and had been placed in orbit.

Key Highlights :

Russian cosmonauts Sergey Prokopyev and Dmitry Petelin and U.S. astronaut Francisco Rubio had been due to end their mission in March.

25) Answer: E

Federation of Indian Chambers of Commerce & Industry (FICCI):

Founded : 1927

Headquarters: New Delhi, Delhi, India

President: Mr Subhrakant Panda

DG : Arun Chawla

2 years ago

Daily Current Affairs Quiz – 02nd March 2023

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