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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 31st 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) ADB and the Fourth Partner Energy Pvt Ltd.signeda Rs 14.7 billion loan agreement for setting up a solar power plant project in Tamil Nadu.Where is the fourth partner energy head office located?
(a) Gujarat
(b) Karnataka
(c) Maharashtra
(d) Telangana
(e) Kerala
2) The minimum subscription period for Axis Bank’s newly launched Infinity Savings Account with no domestic transaction fees is how many months?
(a) 1
(b) 3
(c) 5
(d) 6
(e) 12
3) RBI Authorized Bandhan Bank for Disbursement of Civil Pension Granted on behalf of CPAO. What does “O” represent in CPAO?
(a) Operation
(b) Office
(c) Outlook
(d) Object
(e) Organizer
4) Under the new regulations, the foreign portfolio investors (FPIs) is holding more than 50 percent of their equity AUM in one Indian corporate group will have to reduce their holdings within how many certain number of trading days.
(a) 5
(b) 10
(c) 15
(d) 20
(e) 25
5) DBS partners with Maptrasco to finish the 1st eBL transaction between India and Singapore. What is “L” in eBL?
(a) Logical
(b) Lading
(c) Limited
(d) Loan
(e) Leverage
6) When was the Mission to Eliminate Sickle cell Anaemialauncheds?
(a) 2030
(b) 2025
(c) 2035
(d) 2047
(e) 2050
7) In which stadium did the Union Minister for youth affairs and Sports shri Anurag Singh Thakur launch the 3rd editionof Fit India Quiz?
(a) Narendra Modi Stadium
(b) Jawaharlal Nehru Stadium
(c) Rajiv Gandhi International Stadium
(d) Eden Gardens Stadium
(e) Salt Lake Stadium
8) How many months did the Central government announce the maximum grant of Rs 50 lakh for the technical textiles startup?
(a) 5
(b) 10
(c) 15
(d) 18
(e) 12
9) Recently in August 2023, how many companies have been approved under the Indian government’s ‘production-linked incentive’ (PLI) scheme up to FY 28?
(a) 102
(b) 98
(c) 99
(d) 95
(e) 92
10) BPCL to invest Rs 1.5 Lakh Crore in Capital Expenditure (capex) over the next 5 years in E-Mobility. In E-mobility, BPCL aims to set up an electric vehicle charging facility at how many power stations over the next 5 years?
(a) 9500
(b) 5000
(c) 7000
(d) 6000
(e) 8000
11) Ladli Behna Scheme for women in Madhya Pradesh has been updated by the government of Madhya Pradesh by increasing the amount by which women will get financial assistance from Rs. 1,000 to ________ per month.
(a) Rs. 1500
(b) Rs. 1250
(c) Rs. 1200
(d) Rs. 2000
(e) Rs. 1800
12) Shriram Finance’s Umesh Revankar takes charge as chairman of the Finance Industry Development Council (FIDC). Where is the FIDC headquarters?
(a) Gujarat
(b) Maharashtra
(c) West Bengal
(d) New Delhi
(e) Karnataka
13) Sonali Ghosh, an official of the Indian Forest Service and the Chief Conservator of Forests, is set to be the first female field director at KazirangaNational Park located in the state of ___________
(a) Karnataka
(b) Bihar
(c) Assam
(d) Gujarat
(e) Punjab
14) An MoU has been signed between India and New Zealand to allow designated airlines of New Zealand to operate a number of services using any aircraft type, with third and fourth freedom traffic entitlements to/from how many number of points in India?
(a) 5
(b) 6
(c) 4
(d) 8
(e) 10
15) “Let’s Move Forward” novel comic book launched in how many languages by the Union Education Minister Shri Dharmendra Pradhan?
(a) 12
(b) 10
(c) 11
(d) 13
(e) 15
Answers :
1) Answer: D
The Asian Development Bank (ADB) and Fourth Partner Energy Private Limited (Fourth Partner) an Independent Power Producer (IPP) signed a long-term loan of up to 1.2 billion Indian rupees (about $14.7 million) to construct and operate a 25-megawatt solar photovoltaic-based power plant to increase clean and low-cost energy supply to commercial and industrial customers.About Fourth Partner:
2) Answer: D
Opening the ‘Infinity Savings Account’ is entirely digital, facilitated by the Video Know Your Customer (KYC) process. This account introduces 2 subscription-based plans – Monthly and Annual. Offers two subscription-based plans: Monthly and Annual. Price: Rs 150 (inclusive of GST).Minimum Subscription Period: 6 months. Subscription Continuation: Every 30 days after the initial 6 months. Subscription Renewal: Deducts Rs 150 every 30 days Cost: Rs 1650 (inclusive of GST).Duration: Benefits extended for 360 days Automatic Renewal: Subscription renews after 360 days.
3) Answer: B
In a significant move, Bandhan Bank has received authorization from the Reserve Bank of India (RBI) to serve as an authorised pension disbursement bank. This authority is granted on behalf of the Central Pension Accounting Office (CPAO) of the Ministry of Finance, with a specific focus on civil pensioners. The bank will collaborate with the CPAO and the Ministry of Finance to implement the pension disbursement process. Bandhan Bank’s authorization empowers it to distribute pensions to a range of beneficiaries, primarily central government employees who are part of civil ministries and departments.
4) Answer: B
More than 200 foreign portfolio investors (FPIs) are likely to be affected by SEBI’s stringent disclosure norms. These FPIs will need to adhere to the new guidelines to remain compliant with Indian securities regulations. Under the new rules, FPIs holding more than 50% of their equity Assets Under Management (AUM) in a single Indian corporate group are required to lower their holdings within 10 trading days to meet the new norms. FPIs with equity AUM exceeding ₹25,000 crore in Indian equities will be granted a window of 90 calendar days to gradually reduce their holdings in accordance with the new regulations. FPIs are obligated to provide additional disclosures pertaining to individuals or entities that possess ownership, economic interest, or control over their investments.
5) Answer: B
DBS Bank Limited, in collaboration with Singapore’s commodities trader Maptrasco (Khaitan International Pte Limited-KIPL), has achieved a significant breakthrough by successfully executing the 1st “live” electronic Bills of Lading (eBL) transaction for shipments between Singapore and India. To facilitate digital trade finance for real-time shipments of goods between these two countries. The transaction was implemented under the Trade Trust framework, an initiative by the Infocomm Media Development Authority (IMDA) and supported by Enterprise Singapore.
6) Answer: D
Union Minister of Tribal Affairs, Shri Arjun Munda launched the ‘Awareness Campaign and Training of Trainers’ as a part of the ‘Mission for Elimination of Sickle Cell Anaemia’ in New Delhi. The Government declared a Mission to eliminate Sickle Cell Anaemia by 2047 in the budget of 2023-24. This Mission will entail awareness creation, universal screening of 7 crore people in the age group of 0-40 years in affected tribal areas and counselling through collaborative efforts of central ministries and state governments. The Mission was formally launched by Prime Minister Shri Narendra Modi, on 1st July 2023 in the Shahdol District of Madhya Pradesh. Shri Asit Gopal, Commissioner- NESTS, Dr Naval Jit Kapoor, Joint Secretary, Shri Biswajeet Das, DDG, Smt. Vineeta Srivastava, Health Advisor and other officials of the Ministry of Tribal Affairs were also present at the event.
7) Answer: B
Union Minister for Youth Affairs and Sports Shri Anurag Singh Thakur launched the 3rd edition of the Fit India Quiz, among other initiatives, at an event at the JLN Stadium.The event was attended by almost 500 schoolchildren from various schools in New Delhi as well as several elite athletes and officials from the MYAS, SAI and the National Sports Federations. The Minister also launched an Information booklet on Sports Infrastructure Projects sanctioned under theKhelo India Scheme as well as launched a National Sports Federations portal, while also felicitating the 4x400m men’s relay team, fresh after creating an Asian record at the World Athletics Championships held at Budapest.
8) Answer: D
The government will provide a grant-in-aid of up to Rs 50 lakh for startups and individuals to promote innovation in the niche technical textiles segment.The Startup Guidelines for Technical Textiles – Grant for Research and Entrepreneurship across Aspiring Innovators in Technical Textiles (GREAT) providing grant-in-aid of up to Rs 50 lakh for up to a period of 18 months has been approved. With a strong emphasis on developing the Startup Ecosystem in Technical Textiles, the guidelines focus on supporting individuals and companies to translate prototypes to technologies & products, including commercialisation, he told reporters here on the important developments in the National Technical Textiles Mission (NTTM).
9) Answer: D
The Automotive Research Association of India (ARAI) and the International Centre for Automotive Technology (iCAT), but the addition of the Global Automotive Research Centre (GARC) and the National Automotive Test Tracks (NATRAX) will help facilitate faster testing. So far, 95 companies have been admitted under the scheme, with an investment of ₹10,755 crore reported. The government has published a standard operating procedure for domestic value addition certification, and more companies are expected to apply for certification in the coming months. Under the Automotive PLI scheme, incentives are applicable for determined sales of Advanced Automotive Technology (AAT) products (vehicles and components) manufactured in India from April 1, 2022, onwards for a period of 5 consecutive years.
10) Answer: C
In E-Mobility, BPCL plans to provide electric vehicle charging facilities at 7,000 energy stations in the next 5 years. In the Biofuel space, having achieved 10.6% ethanol blending in petrol in 2022-23, BPCL plans to increase the blending to 12% in FY 2023-24 and endeavours to reach 20% blending by 2025. BPCL is also setting up an integrated 2G + 1G Ethanol Bio-refinery at Bargarh, Odisha which is scheduled for completion by March 2024.In the renewables space, BPCL aspires to build 1 gigawatt (GW) of renewable energy capacity by 2025 and 10 GW by 2040 – through both organic and as well as inorganic routes. BPCL will be investing approximately Rs. 1,000 crore to set up two 50 MW captive wind power plants in Maharashtra and Madhya Pradesh to support the refineries in Mumbai and Bina.
11) Answer: B
The Madhya Pradesh (MP) government has increased the financial assistance provided to women under the Ladli Behna scheme from Rs 1,000 to Rs 1,250 per month.This scheme aims to offer economic support and empowerment to women in MP. Starting from October, approximately 1.25 crore women will receive Rs 1,250 per month under this scheme and the amount will gradually be hiked to ₹3,000 per month so that the aim of uplifting the economic and social condition of women is fulfilled. The Ladli Behna Yojana, launched on June 10, 2023, has already provided financial assistance amounting to Rs 3,628.85 crore to eligible women. Women aged 23 to 60 years are eligible for financial assistance Rs 1,000 per month under the Ladli Behna Yojana. This assistance is offered to women who are not income tax payers and come from families with an annual income of less than Rs 2.5 lakh
12) Answer: B
The Finance Industry Development Council (FIDC), the representative body of asset and loan financing of the Non-Banking Finance Companies (NBFCs) in India, has appointed Umesh Revankar as its new chairman for a 2-year term. Kamlesh Gandhi, Chairman & Managing Director (CMD) of MAS Financial Services, and K V Srinivasan, chief executive officer of Profectus Capital, will act as the co-chairmen of FIDC.About Finance Industry Development Council (FIDC) :
13) Answer: C
Indian Forest Service officer and chief conservator of forests Dr Sonali Ghoshis set to become the 1st woman field director of 118-year-old Kaziranga National Park in Assam from Sep 1, 2023.She will take the place of Jatindra Sarma, who will retire on August 31, 2023.Kaziranga National Park is a national park in the Golaghat and Nagaon districts of the state of Assam. It was declared a National Park in 1974, a United Nations Educational, Scientific and Cultural Organization (UNESCO) World Heritage Site in 1985 and a Tiger Reserve in 2006.4 main rivers -Brahmaputra, Diphlu, Mora Diphlu and Mora Dhansiri pass through the Kaziranga National Park.
14) Answer: B
An Air Services Agreement was signed between New Zealand and India at Auckland on 1 May 2016. The Government of New Zealand and the Government of India have reviewed the existing arrangements relating to air service between the two countries. The MoU signed is expected to further boost the bilateral ties in civil aviation between the two countries.According to the MoU, the designated airline(s) of New Zealand may operate any number of services with any type of aircraft, with 3rd and 4th freedom traffic rights to/from 6 points in India, namely New Delhi, Mumbai, Bengaluru, Chennai, Hyderabad, and Kolkata.
15) Answer: C
This comic book is a collaborative effort between the National Council of Educational Research and Training (NCERT) and UNESCO New Delhi. The “Let’s Move Forward” comic book is designed to cater to the diverse requirements of adolescents and encapsulates crucial information pertaining to the 11 thematic components of the School Health and Wellness Programme. This innovative approach serves to not only disseminate health-related knowledge but also facilitate the acquisition of life skills necessary for comprehensive personal development. It is accessible in 11 languages, including Hindi, English, Assamese, Bengali, Gujarati, Kannada, Malayalam, Marathi, Odiya, Tamil, and Telugu, to ensure inclusivity across linguistic diversity.