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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 22nd 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) The RBI requests that banks give individual borrowers the choice to go from floating to fixed interest rates. What was the deadline fixed for banks and lenders to put these personal loan guidelines into effect?
(a) September 30,2023
(b) October 31,2023
(c) November 30,2023
(d) December 31,2023
(e) January 31,2023
2) Which private sector bank introduced the new “iris” mobile banking app to transform consumers’ mobile banking experiences?
(a) HDFC
(b) ICICI
(c) IDFC
(d) YES
(e) Axis
3) How many million dollars had the G20 Pandemic Fund approved for the Department of Animal Husbandry & Dairying, Ministry of Fisheries, Animal Husbandry & Dairying (DAHD) in India?
(a) 20
(b) 22
(c) 25
(d) 28
(e) 26
4) The Union Minister of Road Transport and Highways, Nitin Gadkari, will unveil the much-anticipated Bharat New Car Assessment Programme. This programme willincrease the road safety result from the Indian government’s commitment to bolstering motor vehicle safety standards weighing up to ____________ tonnes.
(a) 1.5
(b) 2.5
(c) 1.8
(d) 3.5
(e) 3.2
5) The Union Ministry of Panchayat Raj is organizing the National Workshop on Localization of Sustainable Development Goals in Gram Panchayats in close cooperation with the Government of Jammu and Kashmir. Who is the minister of rural development and Panchayat Raj?
(a) Ashwini Kumar Choubey
(b) Giriraj Singh
(c) Sadhvi Niranjan Jyoti
(d) Ajay Kumar Mishra
(e) Nityanand Rai Yadav
6) The chairman of the Khadi and Village Industries Commission (KVIC) launched several KVI programs during his visit to Tamil Nadu. Who is the KVIC chairman?
(a) Ashwini Kumar
(b) Bhanu Pratap Singh
(c) Manoj Kumar
(d) Ajay Kumar
(e) Nityanand Rai
7) Foreign Investors pumped over 13,000 crore rupees into the Indian capital markets so far in August 2023. How much(in crores)was invested by foreign portfolio investors (FPIs) in the Indian stock markets in August 2023?
(a) 13240
(b) 13140
(c) 13040
(d) 13340
(e) 13050
8) The Indian Naval Ship INS Visakhapatnam docks at Al-Shuwaikh Port during its three-day tour in Kuwait. Who is India’s ambassador to Kuwait?
(a) Ashwini Kumar
(b) Adarsh Swaika
(c) Manoj Kumar
(d) Ajay Kumar
(e) Nityanand Rai
9) Luna-25 colliding with the moon causes Russia’s Moon mission to fail. The Luna-25 apparatus’s communication was cut off at _____, according to Moscow time.
(a) 14.57
(b) 14.27
(c) 14.37
(d) 14.47
(e) 14.55
10) INS Vagir, an Indian Navy submarine, to arrive at Fremantle, Australia. INS Vagir is a _____class of Kalvari submarine.
(a) 3
(b) 4
(c) 5
(d) 6
(e) 7
11) How much was spent on the Indian Renewable Energy Development Agency (IREDA), which the Indian Government of India classifies as a Mini Ratna (Category-I) enterprise?
(a) Rs.4450 crores
(b) Rs.4250 crores
(c) Rs.4350 crores
(d) Rs.4150 crores
(e) Rs.4550 crores
12) What is the position of India in the 16th International Olympiad on Astronomy and Astrophysics (IOAA), which took place in Chorzów, Poland, from August 10 to August 20, 2023?
(a) 1
(b) 2
(c) 3
(d) 4
(e) 5
13) R Praggnanandhaa, the only Indian after Viswanathan Anand to go to the FIDE World Cup semifinals, drew against which nation?
(a) Russia
(b) Azerbaijan
(c) China
(d) Poland
(e) Canada
14) Which country has hosted the Asian Junior Squash Individual Championships where India’s Anahat Singh won a gold medal in the U-17 category?
(a) Russia
(b) Azerbaijan.
(c) China
(d) Poland
(e) Canada
15) Lionel Messi marks the ___th goal in a Cup final in his career as he extends his winning streak in American football and shines once more for Inter Miami.
(a) 23
(b) 37
(c) 36
(d) 35
(e) 33
16) In football, Spain created history by winning the FIFA Women’s World Cup in Sydney by defeating which country?
(a) Poland
(b) Malaysia
(c) England
(d) Canada
(e) Australia
17) In the Asian Junior Squash, India’s Anahat Singh wins the gold medal. Which nation’s players had she defeated in the quarterfinal and semifinals?
(a) Poland
(b) Malaysia
(c) England
(d) Canada
(e) Australia
18) For the forthcoming Asia Cup in 2023, who is the key player ofthe emerging star with an aggressive batting style?
(a) Axar Patel
(b) Kuldeep Yadav
(c) Shardul Thakur
(d) Suryakumar Yadav
(e) Ishan Kishan
19) Where is the headquarters of Yes Bank?
(a) Delhi
(b) Chennai
(c) Mumbai
(d) Punjab
(e) Bangalore
20) A floating interest rate is one that fluctuates on a regular basis. Another name for this interest rate is _______.
(a) Variable
(b) Fixed
(c) Prime
(d) Discounted
(e) Compound
Answers :
1) Answer: D
The Reserve Bank of India (RBI) has instructed regulated entities, including banks and Non-Banking Finance Companies (NBFCs), to offer personal loan borrowers the choice to switch from a floating interest rate to a fixed rate when resetting interest rates. The move is expected to enhance borrower flexibility and align with changing financial conditions. In a circular on ‘Reset of floating interest rate on equated monthly instalments (EMI) based personal loans the RBI stated the borrowers will also be given the choice to opt for enhancement in EMI or elongation of the tenor. RBI has set a deadline for banks and lenders to implement these personal loan instructions by December 31, 2023.Both existing and new loans will need to follow these instructions.
2) Answer: D
Private lender YES Bank introduced its state-of-the-art mobile banking application named ‘iris’ with an aim to redefine digital banking for its customers.’Iris’ is a comprehensive financial platform co-created with valued customer feedback. The app is designed to serve both existing and new customers. It offers a comprehensive range of features, granting access to more than 100 functionalities through a single platform.
3) Answer: C
The G20 Pandemic Fund has sanctioned a $25 million proposal from the Department of Animal Husbandry & Dairying, Ministry of Fisheries, Animal Husbandry & Dairying (DAHD) in India. The proposal centers on “Animal Health Security Strengthening in India for Pandemic Preparedness and Response.”The devastating consequences of the COVID-19 pandemic have underscored the critical need for collaborative action to establish robust One Health systems and allocate additional resources for pandemic prevention, preparedness, and response. This initiative reflects the global recognition of the interconnection between human, animal, and environmental health. By adopting a One Health approach, nations aim to minimize the impact of future pandemics and foster a more resilient and collaborative global health system.
4) Answer: D
Union Minister of Road Transport and Highways, Shri Nitin Gadkari, will unveil the much-anticipated Bharat New Car Assessment Programme (Bharat NCAP).This initiative marks a significant stride in the Indian Government’s commitment to enhancing road safety by elevating the safety standards of motor vehicles weighing up to 3.5 tonnes. The launch of Bharat NCAP signals the Indian Government’s commitment to safeguarding road users and fostering a culture of vehicle safety. By empowering consumers with information and incentivizing manufacturers to raise safety standards, the program aims to enhance road safety while bolstering India’s automotive industry’s global presence.
5) Answer: B
Ministry of Panchayat Raj, Government of India, in close collaboration with Panchayati Raj & Rural Development Department, Government of Jammu & Kashmir, is organizing the National Workshop on Localization of Sustainable Development Goals in Gram Panchayats through Adopting Thematic Approaches on Theme 8: Panchayat with Good Governance during 21-23 August 2023 in Srinagar J&K. The Union Rural Development & Panchayati Raj Minister Shri Giriraj Singh will inaugurate the three-day Workshop, in the august presence of Lt. Governor of Jammu & Kashmir Shri Manoj Sinha and Union Minister of State for Panchayati Raj Shri Kapil Moreshwar Patil.
6) Answer: C
Shri Manoj Kumar, Chairman of the Khadi and Village Industries Commission (KVIC), inaugurated multiple Khadi and Village Industries (KVI) initiatives during his visit to Tamil Nadu. He engaged directly with Khadi workers, fostering a closer connection with their work. This visit and interaction not only strengthened the relationship between the Chairman and the artisans but also underscored the significant impact that KVIC’s initiatives are making in uplifting rural communities through employment generation, skill development, and sustainable practices.
7) Answer: C
Foreign Investors pumped over 13,000 crore rupees into the Indian capital markets so far in August. Investment Details: In August 2023, foreign portfolio investors (FPIs) invested a total of 13,040 crore rupees in the Indian capital markets.Equity Investment: FPIs allocated 8,394 crore rupees to Indian equities during this period, showcasing a positive net inflow into the equity market. Debt Market Interest: Additionally, FPIs put in 4,646 crore rupees in the Indian debt market, indicating interest in fixed-income securities. Consistent Positive Trend: This marks the sixth consecutive month of positive net inflows, underlining sustained foreign investor confidence in India. Recent Months’ Investments: Over the last three months, FPIs invested substantially: 46,618 crore rupees in July, 47,148 crore rupees in June, and 43,838 crore rupees in May.
8) Answer: B
Indian Naval Ship INS Visakhapatnam docked at Al-Shuwaikh Port as part of a three-day stay in Kuwait. This visit not only enhances naval ties but also reinforces cultural and people-to-people connections between India and Kuwait. Bilateral Cooperation: The visit is a significant step in enhancing the navy-to-navy cooperation between the two countries, reflecting a strengthening partnership. Community Engagement: The visit provides an opportunity for interactions between the Indian community in Kuwait and the ship’s crew. Ship tours and crew engagements are expected to create a positive atmosphere during the stay.Ambassador’s Visit:Ambassador of India to Kuwait, Adarsh Swaika, visited the ship and was briefed about its operations and advanced systems by Rear Admiral McCarthy and Captain Rao.
9) Answer: A
Russia’s Moon mission ended in failure after its spacecraft, Luna-25 spun out of control and crashed into the moon. The Russian space agency Roscosmos said, that a preliminary analysis of the Luna 25 mission suggests that a deviation between the actualand calculated parameters of the propulsion manoeuvre led to the spacecraft transitioning into an unintended orbit, resulting in its collision with the lunar surface and subsequent loss. Roscosmos said, in accordance with the Luna-25 flight programme, an impulse was provided to form its pre-landing elliptical orbit. At about 14:57 Moscow time, communication with the Luna-25 apparatus was interrupted.
10) Answer: C
The Indian Navy submarine, INS Vagir, a Kalvari-class submarine, has embarked on an extended-range deployment that began in June 2023. It is scheduled to reach Fremantle, Australia. This deployment not only highlights the naval prowess and operational proficiency of the Indian Navy but also strengthens the collaboration and partnership between India and Australia in the maritime domain. INS Vagir, the fifth submarine of the Kalvari class, was commissioned into the Indian Navy in January 2023. Its home base is Mumbai.
11) Answer: C
The Indian Renewable Energy Development Agency (IREDA), categorized as a Mini Ratna (Category – I) enterprise under the Ministry of New and Renewable Energy, Government of India, has entered into aperformance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy at the cost of Rs.4350 crores. The MoU is aligned with guidelines issued by the Department of Public Enterprises, Ministry of Finance. It lays out strategic targets that IREDA aims to accomplish during the fiscal years 2023-24 and 2024-25.This MoU signifies the commitment of IREDA and the Government of India to advance the development and implementation of renewable energy projects in the country.
12) Answer: B
India secured the second rank at the 16th International Olympiad on Astronomy and Astrophysics (IOAA) held in Chorzów, Poland from August 10 to 20, 2023.This achievement showcases the exceptional talent and knowledge of Indian students in the field of astronomy and astrophysics on an international stage. Their success not only reflects their dedication but also underscores India’s commitment to fostering scientific excellence. Medal Tally: The Indian team earned a remarkable four Gold medals and one Silver medal at the competition.
13) Answer: B
R Praggnanandhaa, the first Indian after Viswanathan Anand to reach the semifinals of the FIDE World Cup, drew against his higher-ranked opponent Fabiano Caruana, in Baku, Azerbaijan. This achievement reflects Praggnanandhaa’s exceptional skill and potential in the world of chess. Magnus Carlsen, a former world champion, won his game against Nijat Abasov in the FIDE World Cup semifinals. Carlsen’s victory demonstrates his continued dominance and skill in the world of chess. His success in a competitive field reinforces his reputation as one of the strongest players in modern chess history.
14) Answer: C
India’s Anahat Singh clinched the gold medal in the U-17 category of the Asian Junior Squash Individual Championships, held in Dalian, Chinafrom August 16-20.The 15-year-old Anahat defeated Hong Kong’s Ena Kwong 3-1 in the final on 20th August 2023 to win the gold medal. She had beaten Malaysian players Doyce Lee and Whitney Isabelle Wilson in the quarterfinal and semifinal, respectively. Last year in Thailand, the Delhi-based Anahat had won her first gold medal of this event. The Indian player shot to prominence in 2019 when she won the U-11 title during the British Junior Open Squash and by winning the U-13 title in the Dutch Junior Open Squash.
15) Answer: B
Lionel Messi, After leading his country to its third FIFA World Cup title last year, Lionel Messi shone again for Inter Miami, finding the net in a tense penalty shootout against Nashville SC and helping his team clinch their maiden Leagues Cup title. With this, Messi continued his golden run in United States football. Not only has he scored his 10th goal for the US club in seven matches but also has not lost a single match that he has featured in for his new club. The goal that helped his club clinch its maiden Leagues Cup title was Messi’s 37th goal in a Cup final in his career.
16) Answer: C
In Football, Spain made history by defeating England 1-Nil to lift the FIFA Women’s World Cup title in Syndey for the first time.Captain Olga Carmona’s wonderful strike in the 29th minute proved to be the winner. England was dominant in their approach but Spain’s brilliant effort did not let them equalize as inch closer towards victory. Spain’s national football team, also known as La Roja became only the second country, after Germany, to win both the Men’s and Women’s World Cups. The Spanish team triumphed against the reigning European champion and pre-match favourite in spite of the disputes and divisions that clouded the national team throughout the tournament, making this achievement extraordinary.
17) Answer: B
The 15-year-old Anahat defeated Hong Kong’s Ena Kwong 3-1 in the final on 20th August 2023 to win the gold medal. She had beaten Malaysian players Doyce Lee and Whitney Isabelle Wilson in the quarterfinal and semifinal, respectively. Last year in Thailand, the Delhi-based Anahat won her first gold medal of this event. The Indian player shot to prominence in 2019 when she won the U-11 title during the British Junior Open Squash and by winning the U-13 title in the Dutch Junior Open Squash. Earlier this year, Anahat emerged winner in the U-15 category of the British Junior Open Squash, beating Sohaila Hazem of Egypt in the final.
18) Answer: D
Rohit Sharma (Captain): Known for his explosive batting, Rohit’s leadership and experience will play a pivotal role in the team’s performance. Hardik Pandya (Vice Captain): A versatile all-rounder, Hardik’s batting and bowling skills make him a valuable asset for the team’s success. Virat Kohli: An experienced campaigner and former captain, Kohli’s consistent performance will be crucial in strengthening the team’s middle order. Suryakumar Yadav: A rising star with aggressive batting, Suryakumar’s inclusion adds depth and firepower to the batting lineup. Jasprit Bumrah: The lead fast bowler, Bumrah’s ability to take wickets and control the pace will be crucial in crucial match situations. Ravindra Jadeja: An all-rounder known for his spin bowling and lower-order batting, Jadeja’s contribution will be vital in various match scenarios.
19) Answer: C
About YES Bank:
20) Answer: A
A floating interest rate is an interest rate that changes periodically. The rate of interest moves up and down, or “floats,” reflecting economic or financial market conditions. A floating interest rate can also be referred to as an adjustable or variable interest rate because it can vary over the term of a debt obligation. A floating interest rate uses a reference rate as the base. In order to arrive at the floating rate, a spread (or margin) is added to the reference rate. Floating Interest Rate = Base Rate + Spread. These rates can be adjusted on a quarterly, half-yearly, or annual basis.