Daily Current Affairs Quiz – 21st September 2023

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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 21st 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.

 

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1) SIDBI plans to raise Rs. 10,000 crore through a rights issue in the next fiscal year(2024) to increase its capital strength. How much percent shareholding does the central government have in SIDBI?

(a) 21.8%

(b) 20.8%

(c) 22.8%

(d) 25.8%

(e) 23.8%


2) CBDC or e-Rupee value is ₹ 16.39 crore. How much does retail CBDC cost?

(a) ₹ 5.70 crore

(b) ₹ 5.71 crore

(c) ₹ 5.72 crore

(d) ₹ 5.73 crore

(e) ₹ 5.75 crore


3) The SEBI has approved a draft for special rights of the unitholder to improve its corporate governance standards. How many days are allowed for intimations to be completed at the closure of each financial year?

(a) 10

(b) 15

(c) 20

(d) 25

(e) 5


4) How many days ceiling has the Reserve Bank of India (RBI) removed on the holding period for securities under the HFT category?

(a) 25

(b) 50

(c) 75

(d) 90

(e) 100


5) Which edition of the Global Skills Summit edition kicks off, with a focus on youth empowerment and shaping the future?

(a) 13th

(b) 12th

(c) 14th

(d) 15th

(e) 10th


6) How many transformative agricultural credit and crop insurance initiatives did the Centre launch?

(a) 5

(b) 4

(c) 2

(d) 3

(e) 6


7) A Civil Aviation minister inaugurated new infrastructure at Tezu airport on 24 September 2023. The Tezu district is located at the banks of which river?

(a) Dibang

(b) Lohit

(c) Subanshri

(d) Brahmaputra

(e) Kameng


8) For FY 2024, ADB forecasts GDP growth in Bangladesh at 6.5%. What is the GDP growth percentin 2023 estimated by ADB?

(a) 5%

(b) 6%

(c) 7%

(d) 4%

(e) 6.5%


9) The indefinite Rail-Roko movement called by the Kurmi community began in Jharkhand. In which state has the kurmi community movement banned?

(a) Mizoram

(b) Arunachal Pradesh

(c) Manipur

(d) Tripura

(e) West Bengal


10) Chief Justice Faez Isa took the oath of office as Pakistan’s 29th Chief Justice at a ceremony in Islamabad. How long(in months) has Justice Faez Isa been Chief Justice of Pakistan?

(a) 12

(b) 10

(c) 8

(d) 13

(e) 15


11) How many Army Chiefs attended the 13th IPACC on 26-27 September in New Delhi?

(a) 25

(b) 20

(c) 30

(d) 35

(e) 40


12) New B-360 aircraft inducted by AAI into AAI flight inspection fleet. In which airport was the ceremony take place?

(a) Pantnagar

(b) Indira Gandhi

(c) Safdarjung

(d) Hinden

(e) Kangara


13) How many Western countries have signed the Sahel security agreement to create a framework of collective defence and assistance?

(a) 5

(b) 4

(c) 3

(d) 2

(e) 6


14) The ICC has released the official anthem for the upcoming Men’s World Cup, which starts on October 5th. After how long(in years) will the World Cuptake place in India?

(a) 10

(b) 12

(c) 14

(d) 8

(e) 15


15) When was the first Alzheimer’s disease diagnosed in an elderly German woman?

(a) 1901

(b) 1902

(c) 1903

(d) 1904

(e) 1905


16) Every year International Day of Peace is celebrated on ________________.

(a) 21 September

(b) 20 September

(c) 22 September

(d) 23 September

(e) 19 September


17) The INS Sumedha, is the third ship built in India of the Saryu class NOPV. It is used by how many countries’ naval forces?

(a) 5

(b) 4

(c) 3

(d) 6

(e) 8


18) The Union Defence Minister Rajnath Singh inaugurates 90 border infrastructure projects worth over Rs 2900 crores ($350 million) in how many states /UTs?

(a) 12

(b) 10

(c) 11

(d) 9

(e) 13


19) How much per cent lower will Sahasra’s Made in India motherboards cost than similar Chinese brands?

(a) 11-15%

(b) 10-15%

(c) 5-10%

(d) 15-20%

(e) 20-25%


20) Razorpay acquires digital invoicing & customer engagement startup BillMe. It is the _______acquisition of Razorpay.

(a) 5th

(b) 8th

(c) 6th

(d) 10th

(e) 7th

Answers :

1) Answer: B

SIDBI has planned to raise ₹10,000 crore from the rights issue next fiscal to expand its capital base. SIDBI, which refinances SME loans, plans to conduct the rights issue in two tranches of ₹5,000 crore each next fiscal. SIDBI expects to increase its assets to ₹5 lakh crore by March 2024 from about ₹4 lakh crore in March 2023.The shareholders will subscribe to the proposed rights issue. The Central Government owns 20.8% of SIDBI. State Bank of India (SBI) holds 15.65% and Life Insurance Corporation of 13.33%.


2) Answer: A

Central Bank Digital Currency (CBDC) or e-rupee worth ₹16.39 crores is in circulation. This is according to data from RBI’s Handbook of Statistics on the Indian Economy for FY23.The data showed that out of total e-rupee circulation, ₹10.69 crore was wholesale CBDC and ₹5.70 crore was retail CBDC. The circulation was highest for ₹500 CBDC notes at ₹2.71 crore. This was followed by ₹200 notes at 1.16%.


3) Answer: A

Securities and Exchange Board of India approved a proposal for special rights for the unitholders in its bid to enhance its corporate governance norms. According to the notified framework, unit holders eligible under the rules will have the option to either nominate or refrain from nominating a director to the board of investment managers to be their representative. Any subsequent intimations shall be made within 10 days of the end of every financial year. On receipt of the intimation, unitholders who are interested shall inform their investment manager within the next 10 days.


4) Answer: D

Held for Trading (HFT) shall be a separate investment subcategory within FVTPL. The category of the investment shall be decided by the bank before or at the time of acquisition and this decision shall be properly documented. RBI has removed the 90-day ceiling on the holding period of securities under the Held For Trading (HFT) category. At present, banks are allowed to set aside more than 25% of total investments under HTM, provided the investment in government securities to meet the statutory liquidity ratio (SLR) requirement, is capped at 18%.


5) Answer: C

The 14th edition of the Global Skills Summit has begun in Delhi. The theme of the two-day Summit is building skills, empowering youth, and creating a future. The Summit aims to focus on creating a road map for a high-quality industry-led skilling ecosystem in India. Addressing the Summit, Ministry of Skill Development and Entrepreneurship Secretary Atul Kumar Tiwari informed country’s dynamic workforce seeks immediate post-school opportunities.


6) Answer: D

The government will launch a series of transformative initiatives, aimed at revolutionizing agriculture in the country in New Delhi. The transformative initiatives include Kisan Rin Portal (KRP), Door to Door KCC Campaign, and Weather Information Network Data Systems (WINDS) Manual. These initiatives will be launched by Finance Minister Nirmala Sitharaman and Union Minister of Agriculture & Farmers’ Welfare, Narendra Singh Tomar.


7) Answer: B

Tezu Airport is a domestic airport located in the town of Tezu which operates through a single runway. Tezu is a small town located on the banks of the Lohit River and is the headquarters of the Lohit District of Arunachal Pradesh. The town is known for its scenic beauty, with lush green forests and rolling hills all around. The airport is developed on 212 acres of land and is capable of handling operations for ATR 72 type of aircraft.


8) Answer: B

The Asian Development Bank (ADB) has projected Bangladesh’s gross domestic product (GDP) growth to be 6.5 per cent in the fiscal year 2024, compared to an estimated growth of 6 per cent in fiscal 2023. ADB also predicted that Inflation in Bangladesh will ease from 9.0% in FY2023 to 6.6% in FY2024. However, food inflation for August 2023 was 12.54 per cent which is 12 years high according to the Bangladesh Bureau of Statistics. ADB also expects that the current account deficit will slightly narrow from 0.7% of GDP in FY2023 to 0.5% of GDP in FY2024 as remittance growth improves. The main risk to this growth projection is a further deterioration in export growth if global demand is weaker than expected


9) Answer: E

The members of the Kurmi community are demanding their inclusion in the Scheduled Tribe list.  After the Calcutta High Court banned the movement in West Bengal, the Kurmi community withdrew the movement in West Bengal. Besides, the agitators have gathered in large numbers near to Gomo, Muri, and Neemdih railway stations in Jharkhand.


10) Answer: D

The oath of office was administered by President Arif Alvi. His term as Chief Justice in the Supreme Court will be 13 months, which will end on 25 October 2024.His appointment has come at a time when Pakistan is facing serious constitutional, legal, and political challenges. His initial challenge will be to hold the general election transparently within 90 days of the dissolution of Parliament. The biggest task for the Chief Justice will be to restore the prestige and neutrality of the apex court.


11) Answer: C

The 13th Indo-Pacific Armies Chiefs Conference (IPACC) will be held from 26 to 27 of this month at Manekshaw Centre, in New Delhi.The two-day conference will be attended by army chiefs of the 30 Indo-Pacific region to discuss security cooperation, and collective strategies in the Indo-Pacific region. The conference will also discuss the issues of mutual interest in the region and the role of military diplomacy in mitigating the crisis in the region. This will be the 13th biennial event which will be hosted by the Indian Army and US Army Pacific.


12) Answer: C

The Airports Authority of India has added two new B-360 types of aircraft equipped with an advanced state Flight Inspection system into the AAI Flight Inspection Fleet. The induction ceremony took place in the presence of Civil Aviation Minister Jyotiraditya Scindia, and Minister of State for Civil Aviation Mr. Vijay Kumar Singh at the Safdarjung Airport.


13) Answer: C

Sahel security pact has been signed by military leaders of Mali, Burkina Faso and Niger. The military leaders of Mali, Burkina Faso and Niger signed a mutual defence pact. Ministerial delegations from these three Sahel countries announced this pact in Mali’s capital Bamako. The Liptako-Gourma Charter established the Alliance of Sahel States (AES). Its main objective is to establish an architecture of collective defence and mutual assistance.


14) Answer: B

The theme of the anthem is DilJashn Bole and it features Bollywood superstar Ranveer Singh and other popular social media influencers. The ICC posted on its social media handle, X, official anthem arriving now on platform 2023, Board the One Day Xpress and join the greatest cricket Jashn ever! The Cricket World Cup is being held in India after 12 years. It will be played across 10 cities. The opening match on 5th October will be played between England and New Zealand at Ahmedabad’s Narendra Modi Stadium. India will play its first match against Australia in Chennai.


15) Answer: A

Every year World Alzheimer Day is observed on 21st September. Alzheimer’s is a brain disorder that slowly destroys the memory and thinking skills of a person. World Alzheimers Day 2023 Theme is “Never too early, never too late”. Alzheimer’s disease was first diagnosed in an old German lady in 1901 by Alois Alzheimer, a German Psychiatrist. This illness was named after the German Psychiatrist.


16) Answer: A

International Day of Peace is celebrated on 21st September of every year. Peace is commonly known as the lack of conflict. This year’s theme is Actions for Peace: Our Ambition for the #GlobalGoals. The United Nations General Assembly declared the International Day of Peace to strengthen the ideas of peace. In 1983, the office of the Secretary-General of the United Nations, Pathways to Peace(PTP) submitted a “We the Peoples” initiative Annual Report to the UN, summarising the Peace Day activities. For its initiative, the  International Year of Peace in 1987, PTP was granted” Peace Messenger”.


17) Answer: A

The Indian Navy Ship (INS) Sumedha participated in Exercise Bright Star-23 with multiple other navies in the Mediterranean Sea. INS Sumedha exercised with navies of Egypt, Italy, Greece, Cyprus and Qatar. INS Sumedha is the 3rd ship of the indigenously built Saryu-class Naval Offshore Patrol Vessels (NOPV).It was designed and constructed by Goa Shipyard Limited.The vessel was commissioned into the Indian Navy on March 7, 2014.


18) Answer: C

Defence Minister Shri Rajnath Singh has dedicated to the nation 90 infrastructure projects of Border Roads Organisation (BRO), worth over Rs 2,900 crore ($350 Million), spread across 11 States/Union Territories. The projects were inaugurated by the Raksha Mantri at an event in Jammu & Kashmir (J&K).The event was organised at the Devak Bridge on Bishnah-Kaulpur-Phulpur Road, which was inaugurated by the Raksha Mantri.


19) Answer: B

Sahasra Semiconductor, a part of Sahasra Group, is part of the Scheme for the Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS). The motherboard, which will be designed around the latest Intel 13th generation chipset, is currently undergoing trials. This makes them eligible for a 25% financial incentive on their capital expenditure.Sahasra’s Made-in-India motherboards are expected to be priced 10-15% lower than comparable Chinese brands that are currently imported by Indian companies.


20) Answer: B

Razorpay, a fintech platform based in Bengaluru, has acquired BillMe, a Mumbai-based digital invoicing and customer engagement startup. To enable businesses to enhance their engagement with end consumers through a hybrid model. This acquisition marks the 8th acquisition by Razorpay. It is notably the first acquisition since Razorpay entered the omnichannel payments sector with the acquisition of Ezetap, an end-to-end digital payments company, in August 2022.

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