Daily Current Affairs Quiz – 12th August 2023

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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 12th 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.

 

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1) SEBI changes IPO rules & listing time cut to 3 days from how many days?

(a) 5

(b) 4

(c) 6

(d) 7

(e) 8


2) What percentage of Max Life will Axis Bank own after an investment of Rs. 1,612 crores?

(a) 16.1

(b) 16.2

(c) 16.3

(d) 16.4

(e) 16.5


3) When was IGST Act established?

(a) 2016

(b) 2017

(c) 2018

(d) 2019

(e) 2015


4) Dr Bharati Pravin Pawar inaugurates National Conference on ERMED Consortium: Empowering Libraries for Digital Health Transformation. What is “R” in ERMED?

(a) Reserve

(b) Rights

(c) Resources

(d) Round

(e) Region


5) The “Technology and Innovation Report 2023″ brought out by the United Nations Conference on Trade and Development, has ranked India at _________position in its “Frontier Technologies Readiness Index”.

(a) 45

(b) 44

(c) 46

(d) 48

(e) 50


6) The 53rd National Planning Group Meeting under PM Gati Shakti recommend show many
infrastructure projects?

(a) 5

(b) 8

(c) 6

(d) 4

(e) 9


7) The Ministry of Culture to Organise ‘HAR Ghar Tiranga’ Bike Rally of MPs in Delhi. When was HAR Ghar Tiranga launched?

(a) 2021

(b) 2020

(c) 2022

(d) 2019

(e) 2018


8) Where was the National Mission on Power Electronics Technology (NaMPET) Program, at
Elephant Rehabilitation Centre (ERC) launched?

(a) Kerala

(b) Karnataka

(c) Tamil Nadu

(d) West Bengal

(e) Uttar Pradesh


9) Which state secures 2nd position in the Niti Aayog’s Delta ranking under Aspirational Districts Programme?

(a) Gujarat

(b) Haryana

(c) Tripura

(d) Sikkim

(e) Manipur


10) NSIC 2023 is a National-level campaign open to all school students from Which classes to 12th across the country.?

(a) 1

(b) 3

(c) 5

(d) 8

(e) 10


11) Which country along with India begin Bilateral Maritime Partnership Exercise?

(a) USA

(b) UAE

(c) France

(d) Singapore

(e) Japan


12) Indian Navy’s indigenous front line warships INS Sahyadri and INS Kolkata to participate in Exercise MALABAR 2023 held in which country?

(a) Germany

(b) Australia

(c) France

(d) Canada

(e) Singapore


13) Paradip Port Authority becomes the fastest major port to handle how much(in million) MMT Cargo in the current fiscal year (2023)?

(a) 25

(b) 20

(c) 30

(d) 40

(e) 50


14) Where will the World Badminton Championships 2023 begin?

(a) Germany

(b) Austria

(c) Denmark

(d) France

(e) Thailand


15) When was the 1st elephant day celebrated?

(a) 2020

(b) 2010

(c) 2011

(d) 2012

(e) 2018


16) Every year International Youth day is celebrated on ________

(a) August 12

(b) August 11

(c) August 13

(d) August 14

(e) August 10


Answers :

1) Answer: C

Capital markets regulator Securities and Exchange Board of India (SEBI) halved the timeline for listing of shares on stock exchanges after the closure of Initial Public Offerings (IPOs) to 3 days from 6 days at present.The new listing timeframe will be voluntary for all public issues opening on or after September 1, 2023, and mandatory for all the issues which come after December 1, 2023.Under the new guidelines, IPOswill have to mandatorily list after 3 days of the issue closing date.


2) Answer: B

Axis Bank stated that to raise its stake in Max Life Insurance Company Limited to 16.22% from 9.99% by infusing Rs 1,612 crore through a preferential allotment of shares Axis Bank, along with its entities (Axis Securities and Axis Capital), acquired a 12.99% stake in Max Life in 2021, and through this new investment, they will own 19.02% of the insurer.The bank will now enter into a share subscription agreement with Max Life for the proposed acquisition through subscription to the preferential issue of 14,25,79,161 fully paid-up equity shares of face value of Rs 10 each at a fair market value of Rs 113.06 per share.


3) Answer: B

Parliament passed the Central Goods and Services Tax (Amendment) Bill, 2023 and Integrated Goods and Services Tax (Amendment) Bill, 2023. The Lok Sabha passed the bills without discussion with a voice vote. Later, the Rajya Sabha also returned the Bills with a voice vote. Finance Minister Nirmala Sitharaman introduced these bills. The Central Goods and Services Tax (Amendment) Bill, 2023 seeks to amend the Central Goods and Services Tax Act 2017 while, the Integrated Goods and Services Tax (Amendment) Bill, 2023 seeks to amend the Integrated Goods and Services Tax Act 2017.


4) Answer: C

Dr Bharati Pravin Pawar, Union Minister of State for Health and Family Welfare inaugurated the National Conference on Electronic Resources in Medicine (ERMED) Consortium: Empowering Libraries for Digital Health Transformation at National Media Library. ERMED stands for collaborative excellence and transformative impact within the medical landscape of India and for its unwavering commitment to cater to the diverse information needs of the medical fraternity.


5) Answer: C

The Union Minister for New & Renewable Energy and Power has informed that The “Technology and Innovation Report 2023” brought out by the United Nations Conference on Trade and Development, has ranked India at 46th position in its “Frontier Technologies Readiness Index”.The Minister informed that while the Government has not conducted any research/survey on R&D investment during the last year towards green energy transition, a committee was constituted earlier with an external panel of experts under the Chairmanship of Dr Anil Kakodkar, (Former Chairman, Atomic Energy Commission). The Committee reviewed the overall R&D programme, and funding mechanism and identified the present thrust areas with the ultimate aim of increasing the share of renewables in the energy mix in the country.based on the recommendations of the Committee, the Renewable Energy Research and Technology Development Programme (RE-RTD) has been continued during the period 2021-22 to 2025-26 with a budget outlay of Rs. 228.00 crore.


6) Answer: C

The 53rd National Planning Group (NPG) was held in New Delhi, under the chairpersonship of Special Secretary, Logistics, Department for Promotion of Industry and Internal Trade, Smt. Sumita Dawra. The meeting saw active participation from member Department and Ministries, i.e., the Ministry of Road Transport and Highways, Ministry of Civil Aviation, Ministry of Railways, Ministry of Ports, Shipping and Waterways, Ministry of Petroleum and Natural Gas, Ministry of Defence, Ministry of Power and NITI Aayog.During the meeting, six projects, 3 M/o Railways projects and 3 M/o Road Transport and Highways projects with a total project cost of Rs. 28,875.16 Cr. were evaluated. These projects are expected to improve the connectivity to various villages and key industrial business hubs by bypassing congested and highly populated areas and reducing travel time.


7) Answer: C

Under the aegis of Azadi Ka Amrit Mahotsav (AKAM) “Har Ghar Tiranga” will be celebrated across the Nation from 13th August 2023 – 15th August 2023 wherein people will be encouraged to hoist flags on their premises. The ‘Har Ghar Tiranga’ campaign was launched from 13th – 15th August 2022 to encourage the citizens to hoist the National Flag of India in their homes. The idea behind the campaign is to instil the feeling of patriotism in the hearts of people and reminisce about the journey of India and those who have contributed towards creating this great nation.


8) Answer: A

Ministry of Electronics & Information Technology (MeitY) Secretary Shri Alkesh Kumar Sharma launched the indigenous Technology of Hybrid Green Energy Microgrid for Electrical energy requirements of the Rural communities developed by C-DAC, Thiruvananthapuram, as part of National Mission on Power Electronics Technology (NaMPET) Program, at Elephant Rehabilitation Centre (ERC), Kottoor, Thiruvananthapuram. MeitY is prioritising and putting enormous efforts to realise unique technology development and deployments through C-DAC. The reliable green energy-based microgrid seems to be providing the power solution for critical systems in the Veterinary hospital systems in ERC.


9) Answer: B

The Aspirational Districts Programme has yielded positive results in the Nuh district of Haryana as the district has moved from the 30th position to the second position in Niti Aayog’s Delta ranking.Sharing details in this regard, Deputy Commissioner, Sh. Dhirendra Khadgata said that the Aspirational Districts Programme aims to uplift and develop the most socio-economically challenged districts in India, and this progress in the Nuh district is certainly a step in the right direction.He said that continuous efforts are on to improve the ranking of the district on other parameters of Aspirational districts as well. He further informed that the district is ranked first in the parameters of agriculture and water resources.


10) Answer: C

Atal Innovation Mission is proud to announce the National Space Innovation Challenge (NSIC) open to all school students across the country. Students of Classes 5 to 12 are given an open platform where they can innovate and enable themselves to solve modern-day space technology problems from August 11 to September 20, 2023.Students (from ATL and Non-ATL schools) can submit their entries on the automated technology platform implemented by NavarsEdutech through the link -https://navarsedutech.com/nsic/.


11) Answer: B

India and the UAE have initiated a bilateral Naval Maritime Partnership Exercise off the coast of the UAE. The exercise, being held on August 11th, involves the participation of two Indian Naval Ships, INS Visakhapatnam and INS Trikand. This joint endeavour, meticulously planned over two days, since the arrival of the ships at Port Rashid Dubai on August 8th, aims to enhance interoperability and synergy between the Indian and UAE navies, fostering cross-training on tactics, techniques, and procedures while cultivating stronger professional bonds.


12) Answer: B

Indian Navy’s indigenous frontline warships INS Sahyadri and INS Kolkata will participate in Exercise MALABAR 2023. The 11-day exercise will commence in Sydney, Australia. Defence Ministry said, ships and aircraft from the US Navy, Japan Maritime Self-Defence Force, and the Royal Australian Navy will also participate in the exercise.MALABAR series of maritime exercises commenced in 1992 as a bilateral exercise between Indian Navy and US Navy. It has grown in stature over the years to include four prominent navies in the Indo-Pacific Region.


13) Answer: E

Paradip Port Authority has become the fastest major port to handle 50 million metric tons of Cargo in the current fiscal year(2023). It has exhibited 6.5 per cent growth over the corresponding period of the previous fiscal year.The Port has also handled a record 942 Vessels in comparison to 812 handled in the corresponding period of the previous fiscal year.Chairman of Paradip Port Authority, P.L. Haranadh said that with the unwavering support of a dedicated workforce, Paradip Port has exemplified a story of growth, sustainability, and a brighter tomorrow for generations to come.


14) Answer: C

World Badminton Championships 2023 will begin Copenhagen in Denmark on the 21st of August,2023.Indian shuttler PV Sindhu was handed a first-round bye in the Women’s Singles draw for the Championships held at the Badminton World Federation headquarters in Kuala Lumpur in Malaysia.In the Men’s Singles, Indian shuttlers received favourable draws. Ninth seed HS Prannoy will open his campaign against Finland’s Kalle Koljonen. Lakshya Sen will begin a campaign against Georges Julien Paul of Mauritius.


15) Answer: D

World Elephant Day is an international annual event on August 12, Conceived in 2011 by Canadian filmmakers Patrica Sims and Michael Clark of Canazwest Pictures and SivapornDardarananda, Secretary General of Elephant Reintroduction Foundation in Thailand. It was officially launched on August 12, 2012.The first world elephant day was held on 12 August 2012. The film “RETURN TO THE FOREST” narrated by William Shatner was released on the inaugural of world elephant day.


16) Answer: A

International Youth Day is observed annually all over the world on August 12. International youth day focuses on all the difficulties that young people are facing throughout the world.Thetheme of International Youth Dayis ‘Green Skills for Youth: Towards a Sustainable World’.The United Nations General Assembly (UNGA) and Economic and Social Council focus on three themes called Participation, development, and peace.The United Nations passed a resolution for creating the International Youth Day in 1999 at the United Nations General Assembly (UNGA).With the recommendation of the World Conference of Ministers, this day came into existence, and they declared August 12 as International Youth Day.The first International Youth Day was observed on 12th August 2000.

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