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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 02nd 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) Savart has launched ‘Ad Astra Fund’, the world’s first fully automated investment fund. What is the initial investor interest?
(a) Rs. 31 crores
(b) Rs. 32 crores
(c) Rs. 35 Crores
(d) Rs. 25 crores
(e) Rs. 28 crores
2) Shriram Housing Finance partners with the International Finance Corporation (IFC) to develop eco-friendly affordable housing finance in India. How many member countries are there inIFC?
(a) 185
(b) 182
(c) 186
(d) 183
(e) 189
3) Muthoot FinCorp Limited has commenced trading under the symbol Muthoot Fincorp ONE. Where is Muthoot Limited’s registered office?
(a) Kerala
(b) Karnataka
(c) Maharashtra
(d) New Delhi
(e) Telangana
4) Outward remittances have increased by 50.64 % under the RBI’s liberalized remittances scheme (LSR). When was LSR launched by the RBI?
(a) 2004
(b) 2005
(c) 2006
(d) 2003
(e) 2001
5) SEBI has issued a set of new regulations with the aim of enhancing cyber security and resilience amongst Market Infrastructure Institutions. When was SEBI established?
(a) 1991
(b) 1992
(c) 1990
(d) 1989
(e) 1993
6) The ________ Rashtriya Poshan Maah starts and the Government celebrates it during the month of September this year.
(a) Second
(b) Fourth
(c) Sixth
(d) Fifth
(e) Eighth
7) ASI will launch the “ADOPT A Heritage 2.0 PROGRAMME” Indian Heritage App and e-Permission portal on 4 September 2023. How many Monuments are Protected by ASI?
(a) 3626
(b) 3656
(c) 3696
(d) 3676
(e) 3686
8) The 5th Regional Meeting of the International Solar Alliance (ISA), held in which country?
(a) Spain
(b) Rwanda
(c) Uganda
(d) Suriname
(e) Mali
9) In July 2023, the ICI aggregated index increased by how much percentage in terms compared to the Index in July 2022?
(a) 7%
(b) 8%
(c) 5%
(d) 6%
(e) 9%
10) BCCI TV and digital rights have been acquired by Viacom18 for a term of 5 years. The BCCI had fixed the base price of the bilateral rights at _____ crore per match.
(a) Rs. 35 crore
(b) Rs. 40 crore
(c) Rs. 45 crore
(d) Rs. 50 crore
(e) Rs. 30 crore
11) The oncologist from which state was named as one of the 2023 winners of the Ramon Magsaysay Award?
(a) Kerala
(b) Bihar
(c) Assam
(d) Nagaland
(e) Mizoram
12) N.V. Ramana was a renowned jurist and journalist from India, having served as the Chief Justice of the ____ Supreme Court of India.
(a) 45th
(b) 46th
(c) 48th
(d) 49th
(e) 44th
13) Which of the following organizations has appointed Sanjeev Kapoor as a brand ambassador for XTRATEJ LPG?
(a) Bharat
(b) Indian Oil
(c) Reliance
(d) Essar
(e) Hindustan
14) Amazon has committed to digitizing 10 million Micro, Small and Medium Enterprises (MSMEs), generating USD 20 billion cumulatively in e-commerce exports, and creating 2 million jobs by which year?
(a) 2025
(b) 2024
(c) 2028
(d) 2030
(e) 2035
15) When was World Coconut Day declared, which is celebrated on September 2?
(a) 1995
(b) 1996
(c) 1998
(d) 1999
(e) 1994
Answers :
1) Answer: A
Savart, one of India’s largest investment advisors, launched its maiden and flagship Portfolio Management Service (PMS) called, The Ad Astra Fund -World’s First Fully Automated Investment Fund, in Hyderabad, Telangana. On the day of its launch, The Ad Astra Fund secured investment commitments worth INR 31 crores, indicating strong initial investor interest. The fund has set an ambitious goal of reaching an Asset Under Management (AUM) of INR 350 crores by the end of the fiscal year 2024 (FY24).The Ad Astra Fund is a long-term investment vehicle. Savart defines the long term as a minimum of 3 years and an optimum of 7-10 years.
2) Answer: C
Shriram Housing Finance Limited (SHFL), a leading affordable housing finance company, having in over 130 branches in India with 65,000 customers and International Finance Corporation (IFC), a member of the World Bank, announced a partnership to launch an affordable green housing lending product for self-constructed homes in India. About IFC :
- Established : July 20, 1956
- Headquarters : Washington, D.C., United States
- Managing Director : Makhtar Diop
- Membership : 186 countries
- The IFC is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries.
3) Answer: A
Muthoot Fincorp Limited (MFL), a Kerala-based flagship entity of Muthoot Pappachan Group (Muthoot Blue), has introduced “Muthoot FinCorp ONE,” a cutting-edge digital platform to offer an integrated range of financial solutions, including lending, investments, protection, and payments, all accessible through a single app. The launch of Muthoot FinCorp ONE signifies Muthoot FinCorp commitment to catering to diverse financial requirements across India in a seamless and convenient manner. It provides an extensive array of financial services. This includes Micro, Small, and Medium Enterprise (MSME) loans and Gold Loans, which can be availed from home or Muthoot FinCorp Ltd. branches.
4) Answer: A
LSR is a foreign exchange policy initiative introduced by the Reserve Bank of India (RBI) in 2004.Under the Liberalised Remittance Scheme, all resident individuals, including minors, are allowed to freely remit up to USD 2,50,000 per financial year (April – March) for any permissible current or capital account transaction or a combination of both.The LRS limit has been revised in stages consistent with prevailing macro and micro economic conditions.In the case of the remitter being a minor, the LRS declaration form must be countersigned by the minor’s natural guardian. The Scheme is not available to corporates, partnership firms, HUF (Hindu Undivided Family),Trusts etc.
5) Answer: B
Established: 12 April 1988 as an executive body and was given statutory powers on 30 January 1992 through the SEBI Act, 1992. SEBI is the regulatory body for securities and commodity markets in India under the ownership of the Ministry of Finance (MoF), GoI.Market Regulator Securities and Exchange Board of India (SEBI) has introduced a set of fresh guidelines aimed at bolstering cyber security and resilience among Market Infrastructure Institutions (MIIs), including stock exchanges, clearing corporations, and depositories. These guidelines, effective immediately, mandate stricter cyber audit practices and comprehensive processes to ensure the identification and closure of vulnerabilities in MIIs’ IT systems.
6) Answer: C
The Sixth Rashtriya Poshan Maah begins and the Government is celebrating it throughout September this year. The flagship initiative of the Central government, POSHAN Abhiyaan has been instrumental in advancing nutritional outcomes for pregnant women, lactating mothers, adolescent girls, and children under six years of age in a comprehensive manner. The objective is to comprehensively tackle malnutrition through a life-cycle approach and the focal point of Poshan Maah 2023 is to cultivate widespread awareness concerning critical human life stages: pregnancy, infancy, childhood, and adolescence. The aim is to foster nutritional understanding across India through a theme centred on Suposhit Bharat, Sakshar Bharat, and Sashakt Bharat.
7) Answer: C
The Archeological Survey of India (ASI) has 3696 monuments under protection, which are spread, throughout the country. These monuments not only exhibit the rich cultural heritage of India but also play a significant role in fostering economic growth. The programme is a revamped version of the earlier scheme launched in 2017 and clearly defines the amenities sought for different monuments as per AMASR Act 1958. The stakeholders can apply for adopting a monument or specific amenity/ amenities at a monument through a dedicated web portal with the URLwww.indianheritage.gov.in, which contains details of monuments sought for adoption along with gap analysis and financial estimation of amenities.
8) Answer: B
The International Solar Alliance (ISA) hosted its 5th regional meeting in Kigali, Rwanda supported by the Government of Rwanda, with 36 countries and Ministers of 15 countries participating. At the meeting, the President, of the International Solar Alliance and Union Minister for Power and New & Renewable Energy, Government of India, Shri R. K. Singh, who joined the meeting virtually from New Delhi, inaugurated a total of nine solar power demonstration projects in the Republic of Uganda, the Union of Comorosand the Republic of Mali.Four of these projects are in Uganda, two in Comoros and three in Mali.
9) Answer: B
The combined Index of Eight Core Industries (ICI) increased by 8.0 per cent (provisional) in July 2023 as compared to the Index of July 2022. The production of Coal, Steel, Natural Gas, Cement, Electricity, Refinery Products, Fertilizers and Crude Oil increased in July 2023 over the corresponding month of last year. ICI measures combined and individual performance of production of eight core industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity. The Eight Core Industries comprise 40.27 percent of the weight of items included in the Index of Industrial Production (IIP).Final growth rate of Index of Eight Core Industries for April 2023 is revised to 4.6 per cent from its provisional level 3.5 per cent.
10) Answer: C
IPL media rights auction, BCCI auctioned the TV and Digital rights of the cricket home matches separately. Three of India’s biggest broadcasters, Sony, Disney Star, and Viacom18, battled it out to win the rights. With its winning bid, Viacom18 has paid nearly ₹7.76 crore more than last cycle’s ₹60 crore per match paid by Disney Star.The cricket body had set the base price for the bilateral rights to be ₹45 crore per match. Viacom’s bid gives BCCI a 13 per cent premium over their asking price.
11) Answer: C
Oncologist Ravi Kannan, a recipient of India’s fourth-highest civilian award Padma Shri and the director of Assam’s Cachar Cancer Hospital and Research Centre (CCHRC), has been named one of the four winners of the 2023 Ramon Magsaysay Award, Asia’s equivalent of the Nobel prize. From 23 personnel, the hospital now employs 451 persons. The CCHRC now provides free or subsidised cancer care treatment to an average of 5,000 new patients annually, catering to approximately 20,000 poor patients for treatments and follow-ups, the citation read.
12) Answer: C
N. V. Ramana is a former Indian judge and journalist who served as the 48th Chief Justice of India. He was a judge on the Supreme Court of India, chief justice of Delhi High Court and the acting chief justice of Andhra Pradesh High Court.He has also been the president of the Andhra Pradesh Judicial Academy.Justice Ramana took part in the ‘Singapore Convention Week’, the annual convention organised by Singapore’s Ministry of Law, the United Nations Commission on International Trade Law (UNCITRAL) and over 20 partner organisations.
13) Answer: B
Indian Oil Corporation Limited (IndianOil – IOCL) is strategically expanding its presence in the commercial and industrial LPG segment and for that IndianOil has chosen celebrity chef Sanjeev Kapoor as the brand ambassador for its Indane XTRATEJ LPG brand. The announcement regarding this collaboration took place during the ‘Indane XtraTej Hotelier Harmony Meet’ held in Bengaluru, Karnataka.V Satish Kumar, the Director (Marketing) of IndianOil, played a key role in unveiling the brand-new video commercial for the Indane XTRATEJ LPG brand. IndianOil plans to introduce a new regulator and LPG hose, which is crucial for meeting the specific requirements of segments such as hotels and hospitality.
14) Answer: A
Minister of State for Science and Technology Jitendra Singh unveiled a postal stamp to commemorate a decade of partnership between India Post and Amazonat the e-commerce company’s Sambhav Summit 2023. Amazon also announced its engagement with Indian Railways’Dedicated Freight Corridor Corporation of India (DFC), which makes Amazon the first e-commerce company in the country to leverage DFC for shipping customer packages through freight railway routes in India.Amazon has pledged to digitize 10 million MSMEs, generate USD 20 billion in cumulative e-commerce exports and create 2 million jobs in India by 2025.
15) Answer: C
World Coconut Day 2023 is celebrated to highlight and raise awareness about the importance and benefits of coconut.Coconuts are food that humans have found sustenance in for at least 2,000 years. Probably native to Indonesia, the name coconut translates to walnut from India”. In 1998, the Asian and Pacific Coconut Community declared World Coconut Day to bring awareness to the powerful nutrients and versatility of this superfood. It is likely that coconuts were introduced to Europeans through the Maritime Silk Road, which connected the East with the West. Marco Polo may have been one of the many travellers and explorers who would have brought coconuts back with them.
