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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 05th August 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) What is the amount (in crores) fined by the RBI on 4 PSUs for late reporting of overseas investments?
(a) 1000
(b) 1500
(c) 2000
(d) 2500
(e) 3000
2) Which Bank partnered with Kiwi to bolster ‘Credit on UPI’ accessibility on RuPay credit cards?
(a) Axis
(b) HDFC
(c) ICICI
(d) IDBI
(e) KVB
3) RBI nods to amalgamation of Navanirman Co-op Urban Bank with Rajadhani Co-op Urban Bank. Both banks are related to which state?
(a) Andhra Pradesh
(b) Telangana
(c) Kerala
(d) West Bengal
(e) Karnataka
4) The Union Government Debt Stands at 57.1% from how much percentage of GDP in FY23?
(a) 61.5
(b) 61.2
(c) 61.3
(d) 61.8
(e) 61.6
5) When will the Coal Ministry CPSEs achieve 7,281MW Renewable Energy Capacity?
(a) 2040
(b) 2035
(c) 2038
(d) 2025
(e) 2027
6) India to participate in which countries’ peace talks hosted by Saudi Arabia?
(a) China
(b) Pakistan
(c) Iraq
(d) Ukraine
(e) Russia
7) Which city has been recommended by UNESCO to add to the ‘heritage danger list’?
(a) Florida
(b) Venice
(c) Milan
(d) Verona
(e) Florence
8) Which state Cabinet has approveda policy for making state water tourism, adventure sports destination?
(a) Andhra Pradesh
(b) Uttar Pradesh
(c) Jammu and Kashmir
(d) West Bengal
(e) Karnataka
9) Amazon India to open a first-ever floating store in Dal Lake, located in which state/UT?
(a) Andhra Pradesh
(b) Uttar Pradesh
(c) Jammu and Kashmir
(d) West Bengal
(e) Karnataka
10) GI tags for Goa mangoes and bebinca, crafts from Rajasthan and U.P. GI tags valid for how many years?
(a) 5
(b) 10
(c) 12
(d) 15
(e) 8
11) Elon Musk’s Tesla leases space in Pune for the first India office for how many years?
(a) 3
(b) 5
(c) 4
(d) 8
(e) 6
12) India maintains the top spot as the source market for tourism in which country?
(a) USA
(b) Sri Lanka
(c) Bhutan
(d) Bangladesh
(e) China
13) Cabinet Secretary Rajiv Gauba Gets an Extension for how many years?
(a) 1
(b) 2
(c) 3
(d) 4
(e) 5
14) Bharat Dynamics Limited hands over the 1st Radio Frequency Seeker of Akash to DRDO. Where is the headquarters of Bharat Dynamics Limited?
(a) Andhra Pradesh
(b) Telangana
(c) Jammu and Kashmir
(d) West Bengal
(e) Karnataka
15) The First National Sports University of India witnessed in the North-eastern state of Manipur at a total sanctioned cost of how much rupees (in crores)?
(a) 643.34
(b) 643.43
(c) 643.54
(d) 643.23
(e) 643.58
16) Noted Marathi poet Namdeo Dhondo Mahanor Passed away. When was he received the Padma shri award?
(a) 1991
(b) 1992
(c) 1993
(d) 1994
(e) 1995
Answers :
1) Answer: C
The Reserve Bank of India (RBI) has imposed late submission fees (LSF) of ₹2,000 crore on major public sector undertakings namely, ONGC Videsh Ltd (OVL), Indian Oil Corp. Ltd, GAIL (India) Ltd, and Oil India Ltd for delayed reporting of their overseas investments. As per RBI notification dated 22 August 2022, restrictions have been placed on further remittance or transfer, wherein authorized dealer banks shall not facilitate any outward remittance/financial commitment by a person residing in India towards a foreign entity until the delay in reporting is regularized. State Bank of India (SBI) is the authorized dealer (AD) bank for these public sector undertakings’ (PSUs’) foreign transactions.
2) Answer: A
Axis Bank, one of the largest private sector banks in India partners with National Payment Corporation of India (NPCI) & Kiwi, the revolutionary credit on Unified Payment Interface (UPI) platform to launch the Axis Bank KWIK credit card that offers credit card rewards and the convenience of UPI’s fast and secure payment. The end-to-end digital payment solution aims at enhancing the payment experience for customers. The partnership enables Kiwi users to seamlessly access the RuPay lifetime free virtual Axis Bank KWIK credit card through the app.
3) Answer: B
The Reserve Bank of India (RBI) has sanctioned the Scheme of Amalgamation of The Navanirman Co-operative Urban Bank Limited, Hyderabad, Telangana with Rajadhani Co-op. Urban Bank Ltd, Hyderabad, Telangana.
RBI has the discretionary powers to approve the voluntary amalgamation of Urban Co-operative Banks (UCBs) under the provisions of Section 44A read with Section 56 of the Banking Regulation Act, 1949.
4) Answer: A
The debt of the central government declined from 61.5% of GDP in FY21 to 57.1% of GDP in FY23. The debt of the central government stood at ₹155.6 lakh crore as on March 31, 2023. The state governments’ debt at FY23 end is estimated to be about 28% of GDP. Gross Fixed Capital Formation (GFCF) has grown from ₹45.41 lakh crore (constant FY12 prices) in FY19 to ₹54.35 lakh crore in FY23 (Provisional Estimates). Scheme for Special Assistance to States for Capital Expenditure’ (FY21 & FY22) is being implemented by the government.
5) Answer: E
Ministry of Coal has advised all its CPSEs to diligently draft a net zero plan for the coal mining sector. As per the national commitment, Coal PSUs have meticulously prepared three years action plan outlining specific renewable targets. Accordingly, Coal India Ltd (CIL), its subsidiaries and NLCIL have planned to install 3000MW and 3,731 MW of renewable energy capacity respectively. SCCL has also planned to install 550MW. This ambitious plan aims to achieve a total renewable energy capacity of over 7,281 MW by 2027.
6) Answer: D
India has been invited to participate in Ukraine peace talks hosted by Saudi Arabia, scheduled for August 5 and 6, 2023. The invitation comes as Saudi Arabia reaches out to Western nations, Ukraine, and some major developing countries to discuss the peace plan put forward by Ukrainian President Volodymyr Zelenskiy. By engaging in peace talks, India aims to support efforts towards finding a peaceful resolution to the ongoing crisis in Ukraine. However, Russia is excluded from the meeting at Jeddah. Ukrainian President Volodymyr Zelenskyy has been actively advocating his 10-point peace plan, even discussing it with US President Joe Biden and other world leaders.
7) Answer: B
The United Nations Educational, Science and Cultural Organization (UNESCO) has recommended including Venice, a popular destination in Italy, in the ‘heritage danger list’. Climate change has become one of the major problems of Venice. UNESCO has recommended the Italian government to increase efforts for securing the historic city and its surrounding lagoons. As per the UNESCO report, overwhelming tourism, overdevelopment and rising sea levels due to climate change are major risks for Venice.These risks are deteriorating and damaging building structures and urban areas.
8) Answer: B
Uttar Pradesh Cabinet approved a policy aimed at promoting the state as a “water tourism and adventure sports destination. The policy to promote the state as “a water tourism and adventure sports destination” has recently received the approval of the Uttar Pradesh Cabinet. Uttar Pradesh has the potential to grow significantly as a key centre for water-based tourism and adventure sports due to its rich cultural past, diverse geography, and picturesque rivers and lakes. The Uttar Pradesh government authorized a policy on water tourism and adventure sports on August 1st with a 10-year validity period from the date announced by the government.
9) Answer: C
In Srinagar, Kashmir, Amazon India opened its first-ever floating store on Dal Lake. This program is in line with Amazon India’s goal of offering customers dependable and practical delivery services while also enabling small companies to take advantage of lucrative earning opportunities. The business’s ‘I Have Space’ delivery program, which debuted in 2015, includes the store. Through local businesses and partners, the initiative enables them to send packages to customers in distant locations. The “I Have Space” store is an essential resource for the many people who live and work in the areas of Srinagar’s Dal Lake and Nigeen Lake, which are popular destinations for both visitors and locals.
10) Answer: B
Seven products from across India, including four from Rajasthan, were given the Geographical Indication (GI) tag by the Geographical Indications Registry in Chennai. The GI tags were secured by ‘Jalesar Dhatu Shilp’ (a metal craft), ‘Goa Mankurad Mango’, ‘Goa Bebinca’, ‘Udaipur Koftgari Metal Craft’, ‘Bikaner Kashidakari Craft’, ‘Jodhpur Bandhej Craft’, and ‘Bikaner Usta Kala Craft’. A GI, a kind of Intellectual Property Rights (IPR), is primarily an agricultural, natural or manufactured product (handicraft and industrial goods) originating from a definite geographical territory. The tag is valid for a period of 10 years after which it is renewed.
11) Answer: B
monthly rent of Rs 11.65 lakh, the lease deal includes a lock-in period of 36 months, with a 5 per cent per annum escalation clause. Months after a meeting between Prime Minister Narendra Modi and Elon Musk in the US, Tesla India Motors and Energy Private Limited leased office space in the Panchshil Business Park of Maharashtra’s Pune.The rental payments will start from October 1, 2023.Earlier in 2021, Tesla India Motor & Energy Pvt Ltd was registered as an Indian subsidiary of Tesla in Bengaluru.
12) Answer: B
India has maintained the top spot as the source market for tourism in Sri Lanka. As per data released by Sri Lanka Tourism Development Authority, Tourist arrivals from India have crossed 1 lakh 39 thousand. This translates to over 18 per cent market share out of 7.67 lakh tourist arrivals into the island nation. India accounted for 23461 tourist arrivals in July which was ahead of other countries. The connectivity between the two countries has improved over the last few months as air travel resumed between Jaffna and Chennai in December last year.
13) Answer: A
The Appointments Committee of the Cabinet (ACC), headed by Prime Minister Shri Narendra Modi, approved the service extension for the Cabinet Secretary Rajiv Gauba, for a period of 1 year beyond August 30, 2023. This is the 3rd extension for Gauba, who will now become the longest-serving Cabinet Secretary in the country.The extension was granted in relaxation of the AIS (Death-cum-Retirement Benefits) Rules, 1958 and Rule 56 (d) of the Fundamental Rules. Punjab born Gauba was chief secretary of Jharkhand for 15 months before returning to the Central government in 2016. He is widely recognised as the key architect behind the Jammu and Kashmir Reorganisation Act, 2019.
14) Answer: B
The Bharat Dynamics Limited (BDL), Hyderabad, Telangana has handed over the first Radio Frequency (RF) Seeker of Akash – the Next Generation Weapon System produced at its newly commissioned state-of-the-art Seeker Facility Centre (SFC) to the Defence Research and Development Organization (DRDO). The Chairman and Managing Director of BDL, Commodore A Madhavarao handed over the 1st RF Seeker manufactured by BDL at this facility to the Secretary, the Department of Defence Research & Development and Chairman DRDO, Dr Samir V Kamat.
15) Answer: A
Minister of Youth Affairs & Sports Shri Anurag Singh Thakur said that the Sports infrastructure in the northeastern region has witnessed a remarkable transformation in the last nine years under the leadership of Prime Minister, Shri Narendra Modi. He also said that the first national Sports University of the country has been allocated to the northeast state of Manipur at a total sanctioned cost of Rs.643.34 crore. He further said that 1000 Khelo India centres will be dedicated to the country this year itself, out of which 227 Khelo India Centres are being established in the northeast. The Ministry has approved 75 sports infrastructure projects at a combined sanctioned cost of Rs.520.60 crore.
16) Answer: A
In 1991, Mahanor was awarded the Padma Shri, the fourth-highest civilian honour of India, by the president of India. Noted Marathi poet and lyricist Namdeo Dhondo Mahanor, popularly known as Na DhoMahanor passed away at the age of 81 in Pune, Maharashtra. Mahanor was born at Palaskheda in Aurangabad district, Maharashtra in 1942. He had also been a member of the Maharashtra legislative council in 1978. He experimented with art and agriculture.
