Current Affairs Quiz

Daily Current Affairs Quiz – 11th August 2023

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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 11th 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.

 

Start Quiz

 

1) How many lakh crores of non-performing assets were written off by banks between FY15 and FY23?

(a) 14.36

(b) 14.45

(c) 14.56

(d) 14.32

(e) 14.26


2) How many lakh crores were written off by banks by the Finance Ministry between FY19 and FY23?

(a) 10.2

(b) 10.4

(c) 10.5

(d) 10.6

(e) 10.8


3) IRDAI asks how many Insurance Companies to adopt Indian Accounting Standards from April 2024?

(a) 12

(b) 13

(c) 10

(d) 15

(e) 20


4) In which year, Personal data of every citizen is to be protected in the digital domain by the Digital Personal Data Protection Bill introduced?

(a) 2012

(b) 2015

(c) 2016

(d) 2018

(e) 2020


5) By when is India committed to eliminating Lymphatic Filariasis?

(a) 2023

(b) 2027

(c) 2024

(d) 2025

(e) 2028


6) Which country’s President has approved the premature dissolution of the National Assembly?

(a) India

(b) Pakistan

(c) Nepal

(d) Bhutan

(e) China


7) US President Joe Biden bans American investments in key technology industries that could
enhance which country’s military capabilities?

(a) Bhutan

(b) Pakistan

(c) Nepal

(d) Bangladesh

(e) China


8) Which country Floods have brought much of the Chittogram division to a stand still?

(a) Bhutan

(b) Pakistan

(c) Nepal

(d) Bangladesh

(e) China


9) Which country starts sending troops to the border to curb the entry of illegal migrants?

(a) Iran

(b) China

(c) Japan

(d) USA

(e) Poland


10) Ecuadorian presidential candidate Fernando Villavicencio kill during a rally. What is the
capital of Ecuadorian?

(a) Lima

(b) Bogota

(c) Quito

(d) Guayaq

(e) Cuenca


11) Total Power Generated in the Country grows year-on-year in 2021-22 and by how many percentage in 2022-23?

(a) 4

(b) 5

(c) 7

(d) 9

(e) 8


12) World Athletics Championships 2023 are beginning in Budapest on August 19th. Budapest is the capital of which country?

(a) Albania

(b) Benin

(c) Bolivia

(d) Cuba

(e) Hungary


13) India beat Pakistan 4-0 in the final group stage match to enter the semi-finals of the Asian Champions Trophy in Chennai. India will face which country in the semi-finals?

(a) Malaysia

(b) Korea

(c) Japan

(d) Australia

(e) Srilanka


14) INS Visakhapatnam & INS Trikand arrive in which city for a bilateral exercise?

(a) Kochi

(b) Chennai

(c) Dubai

(d) Mumbai

(e) Abu Dhabi


15) The government has approved the establishment of a new spaceport in Kulasekarapattinam, at which district?

(a) Salem

(b) Trichy

(c) Madurai

(d) Thootukudi

(e) Villupuram


Answers :

1) Answer: C

As per the RBI provisional data, ₹14.56lakh crore worth Non-Performing Assets (NPAs) were written off by Scheduled commercial banks (SCBs) between FY15 and FY23 (9 years). Out of these, nearly half (₹7,40,968 crore/ ₹7.40 lakh crore) were related to large industries and services. The SCBs have recovered an aggregate amount of Rs 2,04,668 crore in written-off loans, including corporate loans, since April 2014 and up to March, 2023.


2) Answer: C

The Finance Ministry informed Rajya Sabha that scheduled commercial banks (SCBs) wrote off over ₹10.5-lakh crores in the 5 years ending March 31, 2023. The Ministry added that the top 10 wilful defaulters owe over ₹43,000 crore to the banks. SCBs have written off an aggregate amount of ₹10,57,326 crore during the last 5 financial years. As per RBI guidelines and policy approved by the bank’s Boards, NPAs (Non-Performing Assets), including those in respect of which full provisioning has been made on completion of 4 years, are removed from the balance sheets of the banks concerned by the way of write-offs.


3) Answer: D

Insurance Regulatory and Development Authority of India (IRDAI) has asked the top 15 insurance companies to adopt the new Indian Accounting Standard (IND-AS) accounting framework from 01 April 2024 (FY25).This is the first such partial roll-out of accounting standards for the insurance industry in many decades, and the move is aimed at bringing Indian accounting practices closer to global standards. State-run insurance companies, including LIC have been excluded from the adoption of the new accounting rules for now.


4) Answer: B

The Union Electronics and IT Minister Ashwini Vaishnaw has said the personal data of every citizen will be protected in the digital domain by the Digital Personal Data Protection Bill. The Bill was passed by the Parliament.MrVaishnaw said, the digital world will now become safer, and more trustworthy and it will have a significant impact on the lives of common citizens. 140 crore countrymen are part of the digital journey, which was started by Prime Minister Narendra Modi in 2015.


5) Answer: B

India is committed to eliminating Lymphatic Filariasis by 2027, three years ahead of the global target through mission mode, multi-partner, multi-sector targeted drive. This was stated by Union Minister for Health & Family Welfare Dr Mansukh Mandaviya as he inaugurated the second phase of the Annual Nationwide Mass Drug Administration (MDA) initiative, in the presence of Dr Bharti Pravin Pawar, Minister of State, Ministry of Health and Family Welfare, Prof. S.P. Singh Bhagel, Minister of State, Ministry of Health and Family Welfare.


6) Answer: B

Pakistan President has approved the premature dissolution of the National Assembly. Pakistan President’s announcement came after Prime Minister Shehbaz Sharif sent him a summary for the dissolution of the National Assembly. Shehbaz Sharif’s move formally started the process for the appointment of a caretaker setup. The elected government in Pakistan has completed its five-year constitutional term. Now the general elections will have to be held within 90 days. The Election Commission of Pakistan will announce the date of the polls.


7) Answer: E

US President Joe Biden has signed an executive order banning American investments in key technology industries that could be used to enhance China’s military capabilities. President Biden declared the move a national emergency to deal with the threat of advancement by countries of concern in sensitive technologies and products critical to the military, intelligence, surveillance, or cyber-enabled capabilities of such countries.


8) Answer: D

Due to incessant rain and the onrush of water from hilly areas of India and Myanmar, almost the entire Chattogram Division of Bangladesh is grappling with floods.Bangladesh’s government deployed the army to deal with the havoc wreaked by flood in the country’s largest division, which is home to 3 crore people. According to government authorities, at least 10 people have died in landslides, drowning, and snake bites in the division in the last 24 hours. Thousands are left without access to safe drinking water, power, and mobile networks and around 35000 people are sheltering in educational institutions and government facilities, said officials on duty.


9) Answer: E

Amid rising threats from Belarus and Wagner fighters, Poland has started sending troops to the border to reinforce its control and curb the entry of illegal migrants. Poland is sending two thousand soldiers to its border with Belarus to stem illegal crossings and maintain stability. According to reports, Poland has seen an increased inflow of Middle Eastern and African migrants trying to enter the country illegally through Poland. Warsaw has been accusing Belarus of sending illegal migrants to Poland to foment instability.


10) Answer: C

Ecuadorian presidential candidate Fernando Villavicencio was killed during a rally in the capital Quito. Current President Guillermo Lasso has confirmed the incident. According to reports, Mr Villavicencio was getting into a car when a gunman stepped forward and shot him in the head.The incident comes amid violence in the South American nation, with drug trafficking and violent killings on the rise. The first round of the presidential election is scheduled to take place on 20 August. A recent rise in violent crime in Ecuador has been a central issue in the presidential campaign.


11) Answer: D

In the Country grows by more than 8% year-on-year in 2021-22 and by 9% in 2022-23. The Union Minister for Power and New & Renewable Energy has provided the details of State/UT-wise power generation in the country from Renewable and Non-Renewable sources, during the years 2020-21, 2021-22, 2022-23 and the current year 2023-24 (up to June 2023). This information has been given by the Union Minister for Power and New & Renewable Energy Shri R. K. Singh.


12) Answer: E

In the upcoming World Athletics Championships 2023, javelin thrower Neeraj Chopra will lead the Indian contingent. The Championships are beginning in Budapest on August 19th. In a statement, the Ministry of Youth Affairs and Sports announced that it will fund 28 Indian athletes for the mega event. Matches will be played till the 27th of this month. Out of 28 competing athletes, 15 would be competing at the World Championships for the very first time.


13) Answer: C

In Hockey, India defeated Pakistan 4-0 in the final game of the group stage to enter the semi-finals of the Asian Champions Trophy in Chennai. Indian Skipper Harmanpreet Singh struck twice, while Jugraj Singha and Mandeep Singh scored one each as India finished the group stage as the only unbeaten team in the tournament. India now leads the standings with 13 points after four wins and one draw while Pakistan are eliminated from the tournament.Earlier, Malaysia beat Korea 1-0 and secured their semifinal berth. India will face Japan in the semifinals, while Malaysia will face Korea


14) Answer: C

Two Indian Navy ships, INS Visakhapatnam and INS Trikand, arrived at Port Rashid in Dubai for a bilateral exercise with the UAE Navy. The exercise, which will be held from August 8 to 11, aims to share best practices and increase synergies between the two navies.Under Rear Admiral Vineet McCarty’s command, the ships will engage in professional interactions with the UAE Naval Force, focusing on maritime operations. ‘Zayed Talwar,’ a bilateral exercise, is scheduled to enhance interoperability and synergy between the two navies, contributing to regional security.


15) Answer: D

Union Minister of State (Independent Charge) Science & Technology; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh today said, the Indian Space Policy – 20 23 has been approved and released in the public domain. A new spaceport in Kulasekarapattinam, Thoothukudi for carrying out the launches of the Small Satellite Launch Vehicles (SSLV) developed by ISRO. The Policy opens up the sector for enhanced participation of Non-Government Entities (NGEs) across the entire value chain of the space economy while delineating the roles of various stakeholders viz. IN-SPACe, ISRO, NSIL and DOS.