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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 26th April 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) Recently, Which of the following bank has planned to acquire a 9.94% stake each in Go Digit’s life insurance business?
(a) Bank of Baroda
(b) Axis Bank
(c) HDFC Bank
(d) All of the above
(e) Both B and C
2) Which organisation recently came out with a procedure for vault managers to seek prior approval from the watchdog in case of a change in control?
(a) RBI
(b) SEBI
(c) IRDAI
(d) NABARD
(e) TRAI
3) The Reserve Bank of _____________ is planning to introduce a gold-backed digital currency as legal tender in the country.
(a) Canada
(b) Zimbabwe
(c) Kenya
(d) Bangladesh
(e) India
4) As per the recent report, How many percentages of villages have achieved ODF Plus villages in India under the Swachh Bharat Mission – Grameen, Phase – II?
(a) 25%
(b) 38%
(c) 40%
(d) 45%
(e) 52%
5) Which organisation has partnered with Atal Innovation Mission (AIM), NITI Aayogto launch a whitepaper aimed at making India a global leader in agritech innovation?
(a) UNCDF
(b) UNDP
(c) WTO
(d) UNCTAD
(e) UNICEF
6) Which country has planned to build and funded Mongolia’s first oil refinery by 2025?
(a) USA
(b) China
(c) India
(d) Japan
(e) Singapore
7) Recently, Which of the following country has approved an unpopular plan to raise the retirement age from 62 to 64?
(a) Australia
(b) Norway
(c) Spain
(d) France
(e) Denmark
8) The Rajasthan government has planned to implement the Rajasthan Platform-based Gig Workers (Registration and Welfare) Bill, 2023.As per the state’s bill, the board shall generate a unique ID for each platform-based gig worker, the validity of this unique ID will be for a period of___________.
(a) 3 years
(b) 5 years
(c) 6 years
(d) 4 years
(e) 2 years
9) The Election Commission has for the first time introduced the Vote from Home option in which state assembly?
(a) Assam
(b) Kerala
(c) Gujarat
(d) Karnataka
(e) Andhra Pradesh
10) Gandhi Sagar Sanctuary to be the second new home of cheetahs. Where is Gandhi Sagar Sanctuary located?
(a) Telangana
(b) Madhya Pradesh
(c) Tamil Nadu
(d) Maharashtra
(e) Karnataka
11) Consider the following statement regarding the quarterly report. Which of the following statement is incorrect?
(i) According to the quarterly report on debt management for October-December released by the finance ministry government raised ₹4,51,000 crore through dated securities
(ii) During October- December 2022, the government did not raise any amount through cash management bills.
(iii) The net daily average liquidity absorption by RBI under Liquidity Adjustment Facility (LAF) including Marginal Standing Facility and Special Liquidity Facility was at ₹39,604 crore during the quarter.
(a) Only (i)
(b) Both (i) and (ii)
(c) Only (ii)
(d) Both (ii) and (iii)
(e) All (i), (ii) and (iii)
12) Which of the following company has launched a wholly-owned subsidiary ‘BrandsNext’ to exclusively focus on its fast-moving consumer goods (FMCG) business?
(a) Samunnati
(b) DeHaat
(c) WayCool
(d) Orion Innovation
(e) Nagarro
13) As per the Stockholm International Peace Research Institute (SIPRI) global report, What is the rank of India as the largest military spender?
(a) 4th
(b) 3rd
(c) 2nd
(d) 5th
(e) 6th
14) Which organisation has published Global Food Policy Report2023 that stated that investing in early warning systems is essential to save lives, livelihoods and money?
(a) Food and Agriculture Organization
(b) International Crops Research Institute for the Semi-Arid Tropics
(c) World Health Organization
(d) International Food Policy Research Institute
(e) World Food Programme
15) With which country did India sign an MoU to explore mutual recognition/ cooperation arrangements (MRAs) in nursing, accounting, audio-visual and medical tourism?
(a) Bhutan
(b) Maldives
(c) Thailand
(d) France
(e) Nepal
16) Recently, Mohammed Shahabuddin has been sworn in as the ____ President of Bangladesh for a five-year term.
(a) 17th
(b) 24th
(c) 22nd
(d) 19th
(e) 27th
17) Who has been appointed as the Chairman of the National Technical Research Organisation (NTRO)?
(a) Arun Sinha
(b) Sanjay Gupta
(c) Rajiv Gauba
(d) Ravinder Singh Dhillon
(e) Kirit Parikh
18) Which Organisation and Indian Navy successfully conducted a maiden flight trial of sea-based endo-atmospheric Ballistic Missile Defence (BMD) interceptor missiles?
(a) ISRO
(b) DRDO
(c) HAL
(d) NSIL
(e) BHEL
19) Which of the following country has launched its first satellite dedicated to monitoring heavy rainfalls named “Fengyun-3G”?
(a) France
(b) Taiwan
(c) Japan
(d) China
(e) South Korea
20) Every year, World Intellectual Property Day has celebrated to learn about the role that intellectual property rights play in encouraging innovation and creativity on which day?
(a) 23 April
(b) 25 April
(c) 22 April
(d) 24 April
(e) 26 April
Answers :
1) Answer: E
Two of India’s largest private lenders, Axis Bank and HDFC Bank, have signed definitive agreements to acquire a 9.94% equity stake each in the Go Digit-Life, the life insurance business of insurtech unicorn Go Digit, which is set to go public.
In two instalments, the formal agreements for HDFC Bank’s investment in Go Digit-Life total 69.90 crore Indian Rupees (INR).
The banks will make an initial subscription of INR 10.93 Cr in the first tranche to acquire a stake in the company, with the option to invest the remaining INR 58.97 Cr later.
The transaction will be completed within 3 to 6 months after the company receives its life insurance license.
The first tranche investment is subject to IRDAI granting requisite approval to Go Digit-Life for the application filed by Go Digit-Life under Form IRDAI/R2
2) Answer: B
Capital markets regulator Securities and Exchange Board of India (SEBI) came out with a procedure for vault managers to seek prior approval from the watchdog in case of a change in control.
The vault manager is regulated as a SEBI intermediary for providing vaulting services meant for gold deposited to create electronic gold receipts (EGRs).
The obligations of the vault manager include accepting deposits, storage, and safekeeping of gold, creation as well as withdrawal of EGR, grievance redressal, and periodic reconciliation of physical gold with the records of the depository.
Any person intending to carry on the business as a vault manager can make an application to SEBI for a grant of a certificate of registration.
The applicant shall be a body corporate incorporated in India and shall have a minimum net worth of Rs 50 crore.
Every certificate of registration granted will be valid unless it is suspended or cancelled by SEBI.
3) Answer: B
The Reserve Bank of Zimbabwe, or RBZ, plans to introduce a gold-backed digital currency as a legal tender in Zimbabwe.
It is believed that the government took this step to stabilise the local currency after its continuous devaluation in comparison to the United States (US) dollar.
This initiative taken by Zimbabwe will allow the exchange of Zimbabwean dollars with digital gold tokens and secure Zimbabweans against currency volatility
4) Answer: C
The Union Minister for Jal Shakti, Shri Gajendra Singh Shekhawat today lauded the achievement of a fivefold increase in ODF Plus villages in India under the Swachh Bharat Mission – Grameen, Phase – II, in just one year, with more than 40 percent of India’s inhabited villages having declared themselves ODF Plus.
The Union Minister, addressing the media, asserted that ODF Plus villages increased from 46,121 villages (7.4%) in March 2022 to 2,38,973 villages (40.21%) in March 2023.
On the performance of States, the 3 UTs’ of Andaman and Nicobar Islands, Lakshadweep, Dadra and Nagar Haveli and Daman and Diu were not only ODF Plus, but all their villages were of the ODF Plus Model category.
Top performing States were Telangana with 100% ODF Plus villages followed by Tamil Nadu with 95.7% ODF plus villages and Karnataka with 93.7% ODF plus villages.
As far as the North East States were concerned, Mizoram has moved from 6% ODF Plus villages in 2022 to 35% villages in 2023.
5) Answer: A
Atal Innovation Mission (AIM), NITI Aayog, and the United Nations Capital Development Fund (UNCDF) recently launched a whitepaper aimed at making India a global leader in agritech innovation.
The whitepaper, meticulously prepared by experts from AIM, NITI Aayog, and UNCDF, offers actionable steps to overcome challenges faced by Agri-Tech start-ups and facilitate their growth at national and international levels
The whitepaper outlines the significant observations and recommendations required to tackle challenges in the agriculture sector and promote sustainable practices that support smallholder farmers across developing economies.
Agri-Tech innovations will help address food security, supply chain inefficiencies, and climate change concerns.
United Nations Capital Development Fund (UNCDF) is the United Nations’ flagship catalytic financing entity for the world’s 46 Least Developed Countries (LDCs).
It is an autonomous, voluntarily funded UN organization, affiliated with the UN Development Programme (UNDP).
It is the only UN agency mandated to focus primarily on the least developed countries (LDCs).
AIM, an anchor partner of the south-south collaboration initiatives, collaborates with partner countries such as Indonesia, Malaysia, Kenya, Uganda, Malawi, and Zambia.
6) Answer: C
Mongolia’s first oil refinery, built and funded with Indian assistance, will be completed by 2025.
The first stage of Mongol Oil Refinery, built with a $1.2 billion Indian soft loan, will be completed at the end of 2023.
It is being developed by Megha Engineering and Infrastructures Limited, a Hyderabad- based company.
Key Highlights:
The development comes with strategic implications as Mongolia is entirely dependent on Russia for its energy imports.
It would help Mongolia meet 70% of its demand domestically.
Mongolia also hopes to attract Indian investment in its mining and metals, with plans to start shipping coking coal to India by 2024.
Mongolia also has key rare earth metals, which may be crucial to India’s ambitions to build cutting-edge technological capabilities in semiconductors and green mobility
7) Answer: D
France’s Constitutional Council approved an unpopular plan to raise the retirement age from 62 to 64, in a victory for President Emmanuel Macron after three months of mass protests over the legislation that has damaged his leadership.
The council rejected some other measures in the pension bill, but the higher age was central to Macron’s plan and the target of protesters’ anger.
Macron can enact the bill within 15 days.
The plan to increase the retirement age was meant to be Macron’s showcase measure in his second term.
8) Answer: B
The Rajasthan government is working to implement the Rajasthan Platform-based Gig Workers (Registration and Welfare) Bill, 2023.
The bill has stringent provisions against errant aggregators, including barring them from operating in Rajasthan.
In February 2023, Chief Minister Shri Ashok Gehlot had announced his government’s intention to introduce the bill in his budget speech.
Key Highlights :
The draft bill envisages a Rajasthan platform-based Gig Workers Welfare Board, which will act as a mothership for over 3,00,000 people employed with various online service providers in the state.
It will design welfare policies and hear the grievances of workers hired on a piece-rate basis.
As per the state’s bill, the board shall generate a unique ID for each platform-based gig worker registered with one or more aggregators in the state.
The validity of this unique ID will be for a period of 5 years.
9) Answer: D
The Election Commission has for the first time introduced the Vote from Home option in Karnataka Assembly.
It is a first-of-its-kind initiative by the Election Commission for those who cannot visit polling booths either due to old age or disability.
This initiative will encourage electoral participation in urban areas.
In Bengaluru, this option has been chosen by around 8900 persons who are above 80 years old or people with disability.
Key Highlights :
Systematic Voters’ Education and Electoral Participation (SVEEP):
It is a flagship program of ECI for voter education, spreading voter awareness and promoting voter literacy in India.
It aims to increase voter turnout to 75% in Lok Sabha elections 2024.
10) Answer: B
Madhya Pradesh (MP) chief minister (CM) Shri Shivraj Singh Chouhan announced that Gandhi Sagar Sanctuary will be developed as a second home for cheetahs within 6 months to retain the tag of cheetah MP.
For this ₹20 crore will be spent on the development.
About Gandhi Sagar Wildlife Sanctuary:
It is situated in northwestern Madhya Pradesh, with one of its boundaries running along the border of Rajasthan.
The sanctuary was notified in 1974 and is spread over an area of 368 sq.km.
11) Answer: A
According to the quarterly report on debt management for October-December released by the finance ministry government raised ₹3,51,000 crore through dated securities as against the notified amount of ₹3,18,000 crore in the borrowing calendar.
Repayments stood at ₹85, 377.9 crore.
During October- December 2022, the government did not raise any amount through cash management bills.
The net daily average liquidity absorption by RBI under Liquidity Adjustment Facility (LAF) including Marginal Standing Facility and Special Liquidity Facility was at ₹39,604 crore during the quarter.
12) Answer: C
WayCool, a Chennai-based food and agri-tech platform announced the launch of a wholly-owned subsidiary ‘BrandsNext’ to exclusively focus on its fast-moving consumer goods (FMCG) business.
Started by Karthik Jayaraman and Sanjay Dasari in 2015, WayCool began as a farm-to-fork agri supply chain platform.
In 2018, the company entered the consumer packaged goods (CPG) business with the launch of Madhuram (premium variety rice and pulse brand).
It then acquired the dairy and ready-to-cook brand Freshey’s in 2019.
Later, it launched another staples brand ‘Kitchenji’ to expand its product portfolio.
Currently, these three brands together offer 108 SKUs ranging from premium rice varieties, dals and pulses, spices and masalas to idli and dosa batter.
The three brands will now come under the BrandsNext umbrella.
13) Answer: B
As per the Stockholm International Peace Research Institute (SIPRI) global report, India is the third largest military spender after the United States and China, with the expenditure going up by 0.9 per cent from 2020 to $76.6 billion.
India’s military spending of $76.6 billion ranked third highest in the world.
This was up by 0.9 per cent from 2020 and by 33 per cent from 2012.
The new data shared by SIPRI on global military spending acknowledges the Indian government’s push to strengthen the indigenous arms industry and said that 64 per cent of capital outlays in the military budget of 2021 were earmarked for acquisitions of domestically produced arms.
Overall, the total global military expenditure increased by 0.7 per cent in real terms in 2021, to reach $2113 billion.
The five largest spenders in 2021 –the United States, China, India, the United Kingdom and Russia — together account for 62 per cent of the expenditure, pointed out the report.
The US and China alone spent 52 per cent.
The SIPRI data showed that military expenditure grew in three of the world’s five regions in 2021.
14) Answer: D
The International Food Policy Research Institute (IFPRI) published the Global Food Policy Report, 2023 which said that investing in early warning systems is essential to save lives, livelihoods and money.
The report called for a more proactive response to food system shocks with a focus on three key areas:
Crisis prediction and preparation
Building resilience before and during crises
Making crisis response supportive and inclusive of women, forced migrants and other vulnerable groups.
With climate change, as many as 72 million more people will be undernourished by 2050, as compared to a scenario without climate change.
Climate crisis also affects conflict and displacement.
Half of the world’s population or around 3.83 billion people worldwide live in households reliant on agrifood systems-based livelihoods, at least in part, said FAO earlier this month.
In 2022, as many as 205 million people in 45 countries experienced crisis-level acute food insecurity or worse, nearly double the number in 2016, the IFPRI report highlighted.
An annual investment in the range of $300-400 billion is required to make food systems more resilient and sustainable, according to the finance lever of the UN Food Systems Summit
15) Answer: C
India and Thailand have agreed to explore mutual recognition/ cooperationarrangements (MRAs) in nursing, accounting, audio-visual and medical tourism, in a meeting of the India-Thailand Joint Trade Committee (JTC) in New Delhi.
The two sides discussed the scope for collaboration in the services sector and agreed to work on possible MRAs in key sectors.
MRAs aim to facilitate the mobility of professionals with countries that sign such a pact, agreeing to recognise qualifications earned by professionals in the partner countries.
Thailand is India’s important trading partner in the 10-member ASEAN with total trade of $16.89 billion in 2022-23.
It accounts for 13.6 per cent of India’s total trade with the ASEAN.
Thailand is an important destination for India’s gems and jewellery, mechanical machinery, auto and auto components and agricultural products, especially marine products.
16) Answer: C
Veteran freedom fighter, jurist and politician Mohammed (Md) Shahabuddin was sworn in as the 22nd President of Bangladesh in Dhaka, Bangladesh for a five-year term.
Jatiya Sangsad Speaker Shirin Sharmin Chaudhury administered the oath of office to Shahabuddin.
He succeeded Md Abdul Hamid, longest-serving president in the history of Bangladesh for two consecutive terms.
17) Answer: A
The Government has appointed Arun Sinha as Chairman of the National Technical Research Organisation (NTRO).
The post had been lying vacant for over three to four months.
Arun Sinha is a 1984 batch Kerala cadre IPS officer.
He has served as an advisor of NTRO for two years.
18) Answer: B
The Defence Research and Development Organisation (DRDO) and Indian Navy (IN) successfully conducted a maiden flight trial of sea-based endo-atmospheric Ballistic Missile Defence (BMD) interceptor missiles off the coast of Odisha in the Bay of Bengal.
With this test,India has entered an elite club of nations having Naval BMD capability.
Purpose of the trial :
To engage and neutralize a hostile ballistic missile threat.
Only a few countries like the United States (US), Russia, Israel and China have fully-operational BMD systems.
Prior to this, DRDO has successfully demonstrated land-based BMD systems with the capability to neutralize ballistic missile threats, emerging from adversaries.
19) Answer: D
China successfully launched Fengyun-3G into space, its first satellite dedicated to measuring precipitation, especially heavy rainfalls during catastrophic weather in global regions of low- and mid-latitude, which could provide a powerful tool for monitoring and forecasting of global meteorological disasters.
It was launched by China’s Long March 4B rocket from the Jiuquan Satellite Launch Center in Northwest China’s Gansu Province.
It is one of only three such satellites in the world.
About Fengyun-3G :
With a lifespan of 6 years i.e. 2023-2029 , the FY-3G is developed by an institute of China Aerospace Science and Technology Corporation (CASC), and its ground system will be built and operated by the China Meteorological Administration (CMA).
20) Answer: E
Every year April 26 is celebrated as World Intellectual Property Day to learn about the role that intellectual property rights play in encouraging innovation and creativity.
The theme of World Intellectual Property Day is “Women and IP: Accelerating Innovation and Creativity”.
World Intellectual Property Day was launched in the year 2000 by the World Intellectual Property Organization to promote and protect creative ideas, including music, art, trademarks, writings, and inventions.
The official date of World Intellectual Property Day is April26 but events are held all over the world throughout the springtime.
World Intellectual Property Day is celebrated all over the globe in the form of panels, receptions, expos, and educational outreach for students of all ages.
