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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 08th February 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) As per the RBI data, The update number of payment acceptance devices deployed under the Payments Infrastructure Development Fund (PIDF) Scheme as on December 31, 2022, stood at about_________.
(a) 1.87 crore
(b) 1.89 crore
(c) 2.87 crore
(d) 3 crore
(e) 5.87 crore
2) Recently, Prime Minister Narendra Modi has dedicated 75 Digital Banking Units (DBUs) to the service of the nation. As of January 2023, how many DBUs are operational across India?
(a) 91
(b) 84
(c) 80
(d) 94
(e) 97
3) According to the latest data released by RBI, Indians remitted close to $2 billion in November, 2022 under RBI’s liberalised remittance scheme (LRS). When was LRS introduced?
(a) 2011
(b) 2008
(c) 2004
(d) 2010
(e) 2015
4) As per the APEDA report, How much per cent has been increased in the export of major agriculture and processed products during the first three quarters of the current fiscal?
(a) 12 per cent
(b) 16 per cent
(c) 11 per cent
(d) 10 per cent
(e) 14 per cent
5) Recently, Prime Minister Narendra Modi inaugurated India Energy Week (IEW) 2023 in ______________.
(a) Bengaluru, Karnataka
(b) Mumbai, Maharashtra
(c) Lucknow, Uttar Pradesh
(d) New Delhi, Delhi
(e) Surat, Gujarat
6) Which country has cancelled its orders to import 2 lakh tonnes of parboiled rice from 2 Indian cooperative agencies through government-to-government (G2G) deals?
(a) Sri Lanka
(b) Bhutan
(c) Nepal
(d) Bangladesh
(e) Myanmar
7) Recently, Which of the following State/UT hosted first of its kind SARAS Fair 2023 from February 4 to 14?
(a) Ladakh
(b) Jammu and Kashmir
(c) Tripura
(d) Sikkim
(e) Puducherry
8) Which company and Ashok Leyland unveiled India’s first Hydrogen Internal Combustion Engine (H2-ICE) powered truck at the India Energy Week in Bengaluru?
(a) REC Limited
(b) Tata Industries
(c) Reliance Industries
(d) SVJN Limited
(e) Adani Power
9) Chief Justice of India (CJI) DY Chandrachud administered the oath of office to 5 new judges of the Supreme Court. Who is not among them?
(a) Pankaj Mithal
(b) Ahsanuddin Amanullah
(c) Manoj Misra
(d) Sanjay Karol
(e) Vinay Kumar
10) Recently, The Reserve Bank of India (RBI) appointed Rajan Pental as the Executive Director of which Bank for a period of 3 years?
(a) ICICI Bank
(b) Axis Bank
(c) HDFC Bank
(d) Yes Bank
(e) Federal Bank
11) Recently, Which institution has received Rs 242 crore from the Union Government for lab-grown diamond research?
(a) IIT Bombay
(b) IIT Kanpur
(c) IIT Madras
(d) IIT Kharagpur
(e) IIT Hyderabad
12) What is the rank of India in the MSCI (Morgan Stanley Capital International) Emerging Markets (EM) Index?
(a) 5th
(b) 6th
(c) 3rd
(d) 2nd
(e) 7th
13) As per the US-based consulting firm ‘Morning Consult’, who has been pegged as the world’s most popular leader with an approval rating of 78 per cent?
(a) Rishi Sunak
(b) Emmanuel Macron
(c) Joe Biden
(d) Narendra Modi
(e) Andres Manuel Lopez
14) As per the recent report, The Indore Municipal Corporation has ranked top in cleanliness survey for ______consecutive years.
(a) 4th
(b) 6th
(c) 8th
(d) 5th
(e) 7th
15) Which state’s Defence Industrial Corridor has signed MoUs from 53 industries and organisations for a potential investment of ₹11,794 crore and of that ₹3,861 crore has already been invested in the Corridor?
(a) Maharashtra
(b) Tamil Nadu
(c) Gujarat
(d) Madhya Pradesh
(e) Haryana
16) Which of the following company has partnered with NASA to gain new findings on Earth’s climate through the power of AI technology?
(a) Microsoft
(b) IBM
(c) Apple
(d) Google
(e) Amazon
17) India sign an MoU with OCP Group for annual imports of 1.75 million tonne (MT) of phosphorus (P) and potassium (K) fertilisers. OCP Group is based in which country?
(a) Poland
(b) Australia
(c) Morocco
(d) Spain
(e) France
18) Who has bagged the ‘Mathrubhumi Book of The Year’ award at the fourth edition of Mathrubhumi International Festival of Letters (MBIFL 2023)?
(a) Peggy Mohan
(b) Alka Upadhyaya
(c) Vivek Joshi
(d) Ajay Kumar
(e) Vinoth Malhotra
19) Recently, Military leader General Pervez Musharraf (Retd) has passed away at the age of 79 in Dubai, United Arab Emirates (UAE). He was the former President of which country?
(a) UAE
(b) Afghanistan
(c) Pakistan
(d) Oman
(e) Bangladesh
20) What is the name of the oldest white tigress at the National Zoological Park, recently died?
(a) Sunita Rani
(b) Rani Beham
(c) Lakshmi
(d) Vina Rani
(e) Vijaya
Answers :
1) Answer: A
As per the Reserve Bank of India’s (RBI’s) latest status update number of payment acceptance devices, including physical and digital, deployed under the Payments Infrastructure Development Fund (PIDF) Scheme as on December 31, 2022, stood at about 1.87 crore.
The number of physical devices (PoS, mPoS (mobile PoS), GPRS (General Packet Radio Service), PSTN (Public Switched Telephone Network), etc) and digital devices (inter-operable QR code-based payments such as UPI QR, Bharat QR, etc.) stood at 4,85,415 (2,45,942 as at September-end 2021) and 1,82,88,974 (55,36,678), respectively.
About PIDF Scheme :
The PIDF Scheme, operationalised by the RBI from January 1, 2021, subsidises the deployment of Points of Sale (PoS) infrastructure (physical and digital modes) in tier-3 to tier-6 centres and northeastern states of the country.
2) Answer: B
Prime Minister Shri Narendra Modi dedicated 75 Digital Banking Units (DBUs) to the service of the nation on October 16, 2022.
As on date, 84 DBUs are operational across the country.
DBUs have been introduced to further the objective of improving the availability of digital infrastructure while accelerating and widening the reach of digital banking services.
As per the data sourced from the National Payments Corporation of India (NPCI), UPI transactions registered in FY 21-22 were 45 billion, showing 8 times growth in the last 3 years and 50 times growth in last 4 years.
Also, the AePS transactions during FY 21-22 have grown 4 times in last 3 years and 10 times since last 4 years.
DBUs are specialised fixed-point business units / hubs set up by commercial banks providing certain digital infrastructure for delivering digital banking products & services.
DBUs provide digital services in both self-service and assisted mode.
This enables customers to have 24*7 convenient access and enhanced digital experience in an efficient, paperless, secured and connected environment.
As informed by Reserve Bank of India (RBI) and Indian Banks’ Association (IBA), the broad parameters for selection of first 75 DBUs included:
3) Answer: C
According to the latest data released by the Reserve Bank of India (RBI) Indians remitted close to $2 billion in November, 2022 under the Reserve Bank of India’s (RBI’s) liberalised remittance scheme (LRS).
Outward remittances under the scheme jumped 29% to $1.99 billion compared to $1.54 billion in Nov 2021.
Sequentially, outward remittances under the scheme were up about 3.5%.
Key Highlights :
International travel continued to remain over 50% of the entire outward remittance by Indians under the scheme.
In November,2021 outward remittances for international travel touched $1.03 billion, up 2.25 times from the year-ago period.
About LRS :
The scheme was initially introduced on February 4, 2004, with a limit of USD 25,000.
LRS refers to external remittances by resident individuals for purposes like studies abroad, medical treatment, maintenance of close relatives, and investments and travel.
The LRS limit has been later revised in stages consistent with prevailing macro and micro economic conditions.
4) Answer: A
A 12 per cent increase in the export of major agriculture and processed products during the first three quarters of the current fiscal has buoyed the Agricultural and Processed Food Products Export Development Authority (APEDA) to target a record $26-29 billion in this fiscal, against $24.76 billion in 2021-22.
Exports have jumped to $19.69 billion during April-December of the current fiscal from $17.51 billion a year ago.
The government has set a target of $23.56 billion for the export of APEDA products during FY 2022-23.
The top 10 potential products (non-basmati rice, basmati rice, bovine meat, miscellaneous preparations, cereal preparations, maize, groundnut, guar gum, pulses, processed vegetables) and top 10 export destinations (Bangladesh, UAE, the US, Saudi Arabia, Indonesia, Iran, Vietnam, Malaysia, China and Nepal) has helped to achieve the growth.
In view of the International Year of Millets in 2023, APEDA has planned an aggressive campaign for the promotion of these Shri Anna (nutri cereal) and its value-added products in select markets for boosting export.
5) Answer: A
Prime Minister inaugurated India Energy Week (IEW) 2023 in Bengaluru, Karnataka, on Feb 2023.Being held from 6th to 8th February, IEW is aimed to showcase India’s rising prowess as an energy transition powerhouse.
As part of the event, he also Launched E20 Fuel and Flagged off Green Mobility Rally organised by Hindustan Petroleum Corporation Limited on behalf of Oil & Gas PSUs and PLL.
In line with the Ethanol Blending roadmap, Prime Minister launched E20 fuel at 84 Retail Outlets of Oil Marketing Companies in 11 States/UTs.
E20 is a blend of 20% ethanol with petrol.
The Government aims to achieve a complete 20% blending of ethanol by 2025, and HPCL and other oil marketing companies are setting up 2G-3G ethanol plants that will facilitate the progress.
Ethanol Blending programme has been a key focus areas of the Government to achieve Aatmanirbharta in the field of energy.
6) Answer: D
Bangladesh has cancelled its orders to import 2 lakh tonnes of parboiled rice from 2 Indian cooperative agencies through government-to-government (G2G) deals after having kept them in “abeyance” for a few weeks.
The return of the “bid bonds” is a confirmation of Dhaka cancelling its plans to import the rice as part of its efforts to buy 5 lakh tonnes for its public distribution system.
Sheikh Hasina Wajed government decided to suspend the process of buying overpriced rice from the two agencies NCCF (National Cooperative Consumers Federation of India Ltd) and Kendriya Bhandar.
Impact on India :
The impact of the deal is being felt in the Indian domestic market with prices of parboiled rice dropping at least 10% after having increased 30% in January to ₹29,000 a tonne.
Prices had surged on expectations of the G2G rice deals with Bangladesh going through.
Dhaka’s plans to enter into G2G deals to import parboiled rice ran into rough weather after it faced criticism of paying a higher price than what some private Indian exporters had quoted in a global tender to import 50,000 tonnes of parboiled rice.
7) Answer: B
The Government of Jammu and Kashmir (J&K) is going to host its first of its kind SARAS Fair 2023 from February 4 to 14, 2023 (11-day long) at Bagh-e-Bahu in J&K.
Union Minister for Rural Development & Panchayat Raj, Giriraj Singh and Lieutenant Governor of the UT of Jammu and Kashmir, Manoj Sinha, inaugurated the fair.
About SARAS Fair 2023 :
SARAS fair is also known as SARAS Aajeevika Mela.
The Fair provides rural, and marginal producers an opportunity to showcase their products, capacity, and skills of livelihood.
It is conducted under the guidance of the Ministry of Rural Development.
The Fair is organised jointly by the Central-State Government as part of the National Rural Livelihood Mission (NRLM).
8) Answer: C
Mukesh Ambani-led Reliance Industries (RIL) and Ashok Leyland unveiled India’s first Hydrogen Internal Combustion Engine (H2-ICE) powered truck at the India Energy Week in Bengaluru.
RIL and Ashok Leyland, the Indian flagship company of the Hinduja Group and India’s leading commercial vehicle manufacturer, were working on developing this technology over the past year.
RIL, which contracts a fleet of nearly 45,000 trucks every year to move goods for its refining and marketing operations, is interested in powering them with green hydrogen which it would be producing at its Jamnagar facility in a few years.
Green hydrogen is the cleanest form of fuel when produced through renewable sources of energy.
According to a June 2022 report by Niti Aayog on Harnessing Green Hydrogen, increasing consumption from steel and heavy-duty trucking sectors will be the long-term driver for hydrogen, with the demand of almost 11 million tonnes per year by 2030 and accounting for almost 52% of total demand by 2050.
Shenu Agarwal as Managing Director & CEO Ashok Leyland.
9) Answer: E
Chief Justice of India (CJI) DY Chandrachud administered the oath of office to 5 new judges of the Supreme Court in a ceremony held at the Supreme Court’s auditorium in its new building complex.
List of 5 new Judges :
Pankaj Mithal
Sanjay Karol
PV Sanjay Kumar
Ahsanuddin Amanullah
Manoj Misra
Their names were recommended for elevation as apex court judges by the 6 member Supreme Court Collegium on December 13, 2022.
With the addition of 5 new judges, the strength of the apex court has gone up to 32 judges, 2 short of its full strength.
Actual sanctioned judge strength of the Supreme Court is 34 (including the Chief Justice of India).
Earlier, Pankaj Mithal, P V Sanjay Kumar, Manoj Misra were the chief justices of the high courts of Rajasthan, Manipur and Allahabad respectively, while Sanjay Karol and Ahsanuddin Amanullah were both chief justices of Patna HC.
10) Answer: D
The Reserve Bank of India (RBI) appointed Mr Rajan Pental as the Executive Director of YES Bank for a period of 3 years.
He will continue to spearhead the YES bank’s retail banking portfolio, apart from his appointment as an executive director.
About Mr Rajan Pental :
He has been part of Yes Bank since November 2015.
Rajan Pental is currently the Global Head of Retail Banking of Yes bank.
11) Answer: C
The Union Government has chosen the Indian Institute of Technology-Madras (IIT-M) for undertaking research on Lab Grown Diamonds (GDs) and will provide a grant of Rs. 242 crore over a period of 5 years.
This research will be focused on driving indigenisation of the LGD manufacturing process.
The India Centre for Lab Grown Diamonds (InCent-LGD) at IIT-Madras was identified for this prestigious project based on our nearly two decades of work experience in diamond research wherein we have developed many technologies for industry, space and defence sectors.
12) Answer: C
India’s ranking on the MSCI (Morgan Stanley Capital International) Emerging Markets (EM) Index, which is said to be tracked by passive funds with assets under management of more than $350 billion, has slipped, following last month’s underperformance amid rout in Adani Group shares.
With a weighting of 12.97 per cent, India is now ranked third after China and Taiwan which have a weighting of 33.49 per cent and 14.42 per cent, respectively.
At the end of December 2022, India had a weighting of 14.44 per cent and occupied second place for the first time.
The ascent came after outperforming the EM pack in Calendar 2022.
Last week, the Indian market dropped out of the top five nations in terms of the highest market capitalisation.
13) Answer: D
Prime Minister Narendra Modi has been pegged as the world’s most popular leader with an approval rating of 78 per cent as per a survey by a US-based consulting firm ‘Morning Consult.’
As per the rating PM Modi’s ratings trump those of other leaders including US President Joe Biden, French President Emmanuel Macron and UK Prime Minister Rishi Sunak.
The poll surveyed 22 global leaders for the ratings.
PM Modi garnered 78 per cent of approval ratings, way ahead of US President Joe Biden, who received 40 per cent ratings.
Mexican President Andres Manuel Lopez.
Obrador, came in second with 68 per cent ratings and Swiss President Alain Berset occupied the third position with 62 per cent approval rating.
The newly elected far-right leader Giorgia Meloni of Italy, the first female Prime Minister of the country is placed in 6th place with 52 per cent ratings.
The survey also featured Australian Prime Minister Anthony Albanese in 4th place with a 58 per cent approval rating.
14) Answer: B
Indore Municipal Corporation, ranked top in cleanliness survey for six consecutive years, has become the country’s second civic body to launch green bonds, seeking to raise Rs 244 crore for a 60-mw solar plant at its water pumping station.
The public issues of the green bonds will be open for subscription from February 10-14.
The issue will be listed on the National Stock Exchange.
Indore’s green bonds, which have been rated AA+ by India Ratings and AA by Care Ratings, are in the form of four strips.
The strip format of bond issuances includes separate transferable and redeemable principal parts.
The maturities of the separate portions are three years, five years, seven years and nine years.
The proceeds from Indore’s bond sale will be used for the installation of a 60 MW solar power plant in Khargone district of Madhya Pradesh.
Ghaiziabad’s corporation was the first to issue green bonds in India in 2021.
15) Answer: B
The Tamil Nadu Defence Industrial Corridor (TNDIC) has managed memorandum of understanding (MoUs) from 53 industries and organisations for a potential investment of ₹11,794 crore and of that ₹3,861 crore has already been invested in the Corridor.
Through the TNDIC, spread over five nodes of Chennai, Coimbatore, Hosur, Salem and Tiruchirappalli, the government expects that it would generate opportunities for direct and indirect employment.
The corridor was inaugurated in 2019.
A defence corridor refers to a route or a path along which domestic productions of defence equipment by public sector, private sector and MSMEs are lined up to enhance the operational capability of the defence forces.
16) Answer: B
IBM has partnered with NASA to gain new findings on Earth’s climate through the power of AI technology.
The two organizations will use AI tech developed by IBM together with the large amounts of Earth observation and geospatial data that NASA has available to share.
Earth observation is the gathering of information about Earth’s physical, chemical, and biological systems, usually through the use of satellite imaging.
The company stated that these types of AI systems have been used to advance natural language processing (NLP) technology in recent years.
An example of an AI model that uses NLP is ChatGPT (Chat Generative Pre-trained Transformer).
17) Answer: C
To ensure stability in the supplies of soil nutrients four fertiliser firms – state-run National Fertilisers Limited and Rashtriya Chemicals and Fertilisers Ltd and Chambal Fertilisers and Chemicals Ltd and Paradeep Phosphates Ltd from the private sector– have signed a memorandum of understanding (MoU) with Morocco’s OCP Group for annual imports of 1.75 million tonne (MT) of phosphorus (P) and potassium (K) fertilisers.
As per the MoU, one MT of diammonium phosphate (DAP), 0.7 MT of triple superphosphate (TSP) and 0.05 MT of murate of potash (MOP) will be imported to meet the domestic requirements of the soil nutrients varieties for next one year.
India has been discussing with several countries s including Senegal, Jordan, Israel, Oman, Russia, Canada and Saudi Arabia for ensuring assured supplies of non-urea fertiliser such DAP and NPK from countries,
The country imports about half of its requirement of DAP.
Around 25% of urea and 15% of NPK fertilizer requirements are met through imports.
The domestic MoP demand is met solely through imports (from Belarus, Canada and Jordan, etc).
18) Answer: A
Author Dr Peggy Mohan has bagged the ‘Mathrubhumi Book of The Year’ award at the fourth edition of Mathrubhumi International Festival of Letters (MBIFL 2023).
Her book ‘Wanderers, Kings and Merchants,’ portraying the evolution of language as the outcome of migrations, and won the award that carries Rs two lakh as a cash prize and a sculpture.
Nobel Laureate Abdulrazak Gurnah presented the award to Mohan at the valedictory ceremony of the four-day MBIFL 2023.
MBIFL 2023, also known as ‘Ka’ in Malayalam, featured Nobel and Booker Prize winners and Jnanpith awardees and others among over 400 names in creative fields.
19) Answer: C
Pakistan’s former president and military leader General Pervez Musharraf (Retd), passed away at the age of 79 in Dubai, United Arab Emirates (UAE).
He was suffering from amyloidosis ,a rare disease that occurs when a protein called amyloid builds up in organs.
About Pervez Musharraf :
Pervez Musharraf born in Delhi, India.
He was promoted to four-star general by Prime Minister Nawaz Sharif in 1998, making Musharraf the head of the armed forces.
He led the Kargil infiltration that brought India and Pakistan to a war in 1999.
He ruled Pakistan from 1999 to 2008.
He has been declared a fugitive in the former Prime Minister Benazir Bhutto murder case and Red Mosque cleric killing case.
He published his autobiography titled In the Line of Fire: A Memoir in 2006
He received the Imtiazi Sanad medal for gallantry during the Indo-Pakistan war of 1965.
20) Answer: D
The oldest white tigress at the National Zoological Park (also known as the Delhi Zoo), Vina Rani died at the age of 17.
Blood samples of the tigress were collected and the blood profile revealed that it was suffering from hepatitis.
She was a third-generation white tigress born in the zoo.
Currently, there are now 5 white tigers and 4 Royal Bengal tigers at the zoo.
About White Tiger :
The white tiger or bleached tiger is a leucistic pigmentation variant of the Mainland tiger.
A white tiger has a lifespan of 12 to 14 years in the wild.
