Current Affairs Quiz

Daily Current Affairs Quiz – 16th & 17th April 2023

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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 16th & 17th 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.

 

Start Quiz

 

1) Capital Market Regulator Securities and Exchange Board of India (SEBI) unveiled its new logo on its ______ Foundation Day on 12 April 2023.

(a) 37th

(b) 33rd

(c) 35th

(d) 31st

(e) 36th


2) Which Private sector lender has become the first Indian company to have over 50 lakh shareholders, according to the shareholding pattern of the bank on March 31, 2023?

(a) ICICI Bank

(b) Axis Bank

(c) HDFC Bank

(d) Yes Bank

(e) Federal Bank


3) Recently, Which organisation has simplified the application process for the registration of core investment companies (CICs)?

(a) RBI

(b) SEBI

(c) SIDBI

(d) IRDAI

(e) CCI


4) Which company had raised an additional $100 million (Rs 820 crore) from a US based private equity firm General Atlantic (GA)?

(a) Google

(b) Phonepe

(c) PayU

(d) Amazon

(e) Paytm


5) Which of the following became the first private InvIT to be listed on the National Stock Exchange (NSE)?

(a) IND Infrastructure Trust

(b) IRB Infrastructure Trust

(c) National Investment and Infrastructure Fund

(d) International Accounting Standards Board

(e) Financial Accounting Standards Board


6) The Union Minister of Fisheries, Animal Husbandry & Dairying, Parshottam Rupala has launched Animal Health System Support for One Health (AHSSOH) project. This AHSSOH projectwas funded by _______________.

(a) ADB

(b) AIIB

(c) NDB

(d) IMF

(e) World Bank


7) As per the recent report, The India Meteorological Department (IMD) said that rainfall will be ______ of the long-period average of 87 cm.

(a) 69%

(b) 96%

(c) 88%

(d) 79%

(e) 91%


8) As per the latest Census released by Prime Minister Narendra Modi, Suhelwa Wildlife Sanctuary has for the first time recorded photographic proof of tigers. Where is Suhelwa Wildlife Sanctuary located?

(a) Madhya Pradesh

(b) Odisha

(c) Chhattisgarh

(d) Jharkhand

(e) Uttar Pradesh


9) The Union Minister Amit Shah urged people to visit India’s ‘first village’ Kibithoo in _______________.

(a) Nagaland

(b) Meghalaya

(c) Arunachal Pradesh

(d) Sikkim

(e) Mizoram


10) Union Minister Nitin Gadkari inspected Asia’s longest ‘Zojila tunnel’ to establish all weather
connectivity for Ladakh. This Zojila Pass connecting__________and Leh.

(a) Manali

(b) Shimla

(c) Srinagar

(d) Gulmarg

(e) Shillong


11) Which state government has unveiled the 125-ft tall bronze statue of BR Ambedkar to mark the 132nd birth anniversary of the architect of the Indian Constitution?

(a) Kerala

(b) Haryana

(c) Andhra Pradesh

(d) Telangana

(e) Rajasthan


12) Which of the following has been accorded Miniratna Category-I Central Public Sector Enterprise (CPSE) status?

(a) NTPC Limited

(b) Indian Renewable Energy Development Agency Limited

(c) Solar Energy Corporation of India

(d) NHPC Limited

(e) SatlujJal Vidyut Nigam


13) Who has been nominated for the prestigious 2022 Maharashtra Bhushan Award?

(a) Appasaheb Dharmadhikari

(b) Ritesh Agarwal

(c) Sachin Seth

(d) Vijay Shekhar Sharma

(e) Kalyan Krishnamurthy


14) Which space agency set to launch the Jupiter Icy Moons Explorer, or Juice, mission from its spaceport in French Guiana on an Ariane 5 launcher?

(a) Japan Aerospace Exploration Agency

(b) National Aeronautics and Space Administration

(c) Indian Space Research Organisation

(d) European Space Agency

(e) Canadian Space Agency


15) Which company has launched Indigenous Navigation with Indian Constellation (NavIC) chip at the Defence Space Symposium, to reduce dependence on the American Global Positioning System (GPS)?

(a) Elena Geo Systems

(b) Lockheed Martin

(c) Boeing

(d) Dassault Aviation

(e) Blue Origin


16) According to the Economist Intelligence Unit (EIU), What is the rank of India in the latest Business Environment Rankings (BER)?

(a) 47th

(b) 34th

(c) 52nd

(d) 35th

(e) 46th


17) Recently, Namami Gange has signed agreement with ______ Universities to inspire youth towards water conservation & river rejuvenation.

(a) 27

(b) 33

(c) 52

(d) 49

(e) 14


18) India was ranked 5th in the list of countries with the most AI investment as per Stanford University’s annual AI Index report.Which country topped in the list?

(a) Germany

(b) Russia

(c) USA

(d) UK

(e) China


19) Indian Women wrestlers bagged seven medals to finish third at Asian Wrestling
Championship held in ____________.

(a) Brussels, Belgium

(b) Nairobi, Kenya

(c) Geneva, Switzerland

(d) Paris, France

(e) Astana, Kazakhstan


20) World Hemophilia Day has been celebrated on 17 April to increase awareness of haemophilia and other inherited bleeding disorders. When was the first World Hemophilia Day celebrated?

(a) 1989

(b) 1996

(c) 1973

(d) 1968

(e) 1986


Answers :

1) Answer: C

Capital Market Regulator Securities and Exchange Board of India (SEBI) unveiled its new logo on its 35th Foundation Day at a ceremony conducted at the SEBI Head Office in Mumbai, Maharashtra.

About the New Logo :

The new SEBI logo retains its traditional blue colour palette.

The new logo reflects the combination of rich traditions of SEBI and new data and technology-based approach to all 3 areas of its mandate in the securities market.

These areas are the development and regulation of the securities market and investor protection.

The new logo reflects the continuing commitment of SEBI to being a facilitator in the growth of the economy through capital formation and retaining its rich tradition of a consultative approach in policy making while adopting the power of data and technology.


2) Answer: D

Private sector lender YES Bank has become the first Indian company to have over 50 lakh shareholders, according to the shareholding pattern of the bank on March 31, 2023.

Tata Power is at number 2 in terms of maximum number of shareholders, with a total of 38.5 lakh people investing in its shares.

On the other hand, Reliance Industries is at number 3 in this list with 33.6 lakh crore shareholders.

This was an increase from 48.1 lakh shareholders as of December 2022, most likely owing to the end of the 3-year lock-in period for shareholders that held equity shares of the bank when it underwent the reconstruction scheme in March 2020.


3) Answer: A

The Reserve Bank of India (RBI) has simplified the application process for the registration of core investment companies (CICs).

Also, the number of documents to be furnished along with the application form has been reduced to 18 from the existing set of 52 documents to make the registration process user-friendly.

This has been done to make the registration process hassle free and smoother.

The 18 documents to be provided along with the application are indicative and not exhaustive.

If RBI calls for more documents, the applicant company is required to respond within a time period of one month.


4) Answer: B

WalmartInc-owned Indian payments firm PhonePe had raised an additional $100 million (Rs 820 crore) from General Atlantic (GA) from United States (US) based private equity firm and other investors as part of its ongoing $1 billion fundraise to expand into the lucrative lending space.

With this fresh funding, the Walmart group firm has raised USD 750 million till date.

Tiger Global, Ribbit Capital, and TVS Capital have invested $100 million, while Walmart cut a cheque for $200 million in the current round, at a pre-money valuation of $12 billion.


5) Answer: B

IRB Infrastructure Trust, sponsored by IRB Infrastructure Developers Ltd was listed on the National Stock Exchange (NSE) becoming the first private InvIT to be listed.

The move comes after the Securities and Exchange Board of India (SEBI) listed guidelines on the listing framework for non-listed infrastructure investment trusts (InVIT).

Key Highlights :

The valuation of the trust units was determined based on third-party evaluation and further endorsed by the Trust’s investors as well.

The value ascertained comes to around 16 times FY24 revenue, which will further keep appreciating with more projects coming in.

On March 22,2023  MMK Toll Road Pvt. Ltd, an Investment Manager to the Trust, approved the listing of Units of the Trust on NSE.


6) Answer: E

The “Animal Pandemic Preparedness Initiative (APPI)” will be launched by the Union Minister of Fisheries, Animal Husbandry & Dairying, ShriParshottamRupala.

ShriRupala will also launch the World Bank-funded Animal Health System Support for One Health (AHSSOH) project.

Both will be launched under the aegis of the National One Health Mission at India Habitat Center, New Delhi.

The Department of Animal Husbandry and Dairying has signed a collaborative project on AHSSOH with the World Bank.

It aims to create an ecosystem for a better animal health management system using the One Health approach.


7) Answer: B

The India Meteorological Department (IMD) said that rainfall will be 96% of the long-period average of 87 cm.

It means that 83.5 cm of rainfall will be received from June to September of this year.

IMD has predicted that the monsoon will be “normal” despite the possibility of El Nino conditions.

The long-period average has been calculated based on the data from 1971 to 2020.

India has received normal to above-normal rainfall in the last four years (2019 to 2022).

Northeast regions are expected to receive Normal to above-normal rainfall.

Rajasthan, Haryana, Uttarakhand, Maharashtra and Gujarat are likely to receive Normal to below-normal rainfall.

According to climatic models, El Nino conditions are likely to develop during the monsoon season of this year.

The effect of El Nino will be felt in the second half of the season.


8) Answer: E

Suhelwa Wildlife Sanctuary of Uttar Pradesh (UP) has for the first time recorded photographic proof of tigers.

As per the latest Census released by Prime Minister (PM) ShriNarendraModi, the Suhelwa sanctuary is the new area where photographic evidence of tigers has been recorded.

Suhelwa and SohagiBarwa wildlife sanctuaries have been added to tiger detected grids.

The latest tiger census data showed 804 camera trapped tigers in the Shivalik hills and Gangetic plains landscape, while in the 2018 census, the data showed 646 tigers.

As per tiger census 2018, 173 tigers were projected in UP.

About Suhelwa Wildlife Sanctuary

The sanctuary, located in Shravasti, Balrampur and Gonda districts of UP, was declared a wildlife sanctuary in 1988.

It is named after King Soheldev& it is spread over an area of 452 sq km.


9) Answer: C

Union Home Minister ShriAmit Shah urged people to visit Kibithoo -“India’s first village”  in Arunachal Pradesh to enjoy its natural beauty and take inspiration from its history.

It lies on the right bank of the Lohit River.

Mr. Shah launched the Vibrant Villages Programme (VVP) in Kibithoo on April 10,2023.

What is the Vibrant Villages Programme?

The VVP is a Centrally sponsored scheme under which 2,967 villages in 46 blocks of 19 districts abutting the northern border in the States of Arunachal Pradesh, Sikkim, Uttarakhand and Himachal Pradesh and UT of Ladakh have been identified for comprehensive development.

In the first phase, 662 villages have been identified for priority on coverage, which includes 455 villages in Arunachal Pradesh.


10) Answer: C

Union Minister for Road Transport and Highways ShriNitinGadkari inspected ZojilaTunnel ,Asia’s longest tunnel which will establish all-weather connectivity between the Union Territories (UT) of Ladakh and Jammu and Kashmir (J&K).

Key Highlights :

Currently the average travel time to cross the Zojila Pass sometimes takes 3 hours, after the completion of this tunnel the travel time will come down to 20 minutes.

The reduction in travel time will ultimately result in fuel savings.

The Zojila tunnel will be India’s longest road tunnel and is expected to be Asia’s longest bi-directional tunnel, boasting a length of 14.15 km.

A connecting tunnel from Z-Morh on NH1 to the Zojila tunnel will be built in the Zojila Ghats between Sonmarg and Kargil.

The tunnel is being built at a cost of more than 4,600 crores.

It is expected to be completed by December 2023.

The Zojila Pass is a high mountain pass through which one has to travel in order to make the journey.

Zojila Pass connects Srinagar and Leh.


11) Answer: D

Telangana Chief Minister (CM) Shri K Chandrasekhar Rao unveiled the 125-ft tall bronze statue of BR Ambedkar in Hyderabad, to mark the 132nd birth anniversary of the architect of the Indian Constitution.

The statue in Hyderabad is India’s tallest statue of Ambedkar.

The statue stands next to the State Secretariat on the banks of Hyderabad’s famous HussainSagarlake.

Key Highlights :

It was designed by renowned sculptors Ram VanjiSutar and his son Anil Ram Sutar of Ram Sutar Art Creations in Noida, Uttar Pradesh, who also designed several monumental sculptures, including the world’s tallest statue the Statue of Unity (597 feet) of SardarVallabhbhai Patel in Gujarat.

It has an overall height of 175 feet, including a 50 feet high circular base resembling the edifice of the Parliament of India.

The statue weighs 474 tonnes. 360tonnes of stainless steel was used for building the armature structure of the statue.


12) Answer: C

Miniratna Category-I Central Public Sector Enterprise (CPSE) status has been accorded to Solar Energy Corporation of India.

SECI is committed to achieving the target of 500 GW of non-fossil fuel-based capacity by 2030.

Till date, more than 56 GW project capacities have been awarded to SECI.

ICRA has given the highest credit rating of AAA to Solar Energy Corporation of India.

As of December 2022, 66 companies are Miniratna I CPSE.

Solar Energy Corporation of India Ltd (SECI) was founded on 9 September 2011 to promote solar energy in India.

It was set up to facilitate the implementation of the National Solar Mission (NSM).

It is the only Central Public Sector Undertaking (CPSU) dedicated to the renewable energy sector.


13) Answer: A

Renowned social worker and reformer Dattatreya Narayan Dharmadhikari alias AppasahebDharmadhikariwill be honored with the Maharashtra Bhushan Award by Union Home Minister Amit Shah.

AppasahebDharmadhikariwas nominated for the prestigious 2022 Maharashtra Bhushan Award.

AppasahebDharmadhikariwas also awarded the Padma Shri in 2017.

Appasaheb’s father and noted preacher-reformer Late Dr. Narayan Vishnu Dharmadhikariwas also honored with the Maharashtra Bhushan 2008 award.

AppasahebDharmadhikari is involved in social and community building activities like tree plantation, blood donation and medical camps, abolition of dowry system, empowering women and tribals, conducting training for children and adult literacy centers.

It is the highest civilian award conferred by the government of Maharashtra.

It includes a medal, a citation and Rs 25 lakh.


14) Answer: D

The European Space Agency (ESA) is all set to launch the Jupiter Icy Moons Explorer, or Juice, mission from its spaceport in French Guiana on an Ariane 5 launcher.

Planned to reach Jupiter in 2031, the mission aims to carry out a detailed exploration of the Solar System’s largest planet and its icy moons, which potentially have habitable environments.

NASA, the Japanese Aerospace Exploration Agency (JAXA) and the Israel Space Agency have also contributed to the JUICE mission.

Key Highlights :

ESA’s Juice mission will make detailed observations of gas giant Jupiter and its 3 large ocean-bearing moons – Ganymede, Callisto and Europa.

JUICE will use a powerful suite of remote sensing, geophysical and in situ instruments.

Ganymede is larger than Pluto and Mercury.


15) Answer: A

Elena Geo Systems, a Bengaluru-based space technology company, launched Indigenous Navigation with Indian Constellation (NavIC) chip at the Defence Space Symposium, to reduce dependence on the American Global Positioning System (GPS).

Chip has been formally handed over by Lt. Col. V.S. Velan (retd.), founder and Chief Technology Officer of Elena Geo Systems, to Chief of Defence Staff (CDS) General Anil Chauhan.

Key Highlights :

The chip, by virtue of its tiny size, ultra-low power requirement and software-based control, is suitable for use in mobiles, handheld devices and wearables.

It forms the core of navigation, positioning and timing applications in India.


16) Answer: E

India’s rank improved by six spots in the global Business Environment Rankings.

The Economist Intelligence Unit (EIU) has released the latest Business Environment Rankings (BER).

Vietnam, Thailand, Belgium, Sweden, India and Costa Rica have shown the biggest improvements over the past year.

Vietnam is the overall biggest mover which climbed 12 spots in the rankings.

In the latest Business Environment Rankings (BER), India’s rank has improved from 52nd to 46th position.

India’s rank has improved due to improved scores in parameters like technological readiness, political environment, and foreign investment.

Out of the 17 economies in the Asian region, India has been ranked 10th for the 2023-27 forecast period.

India was in 14th position in 2018-22.

China, Bahrain, Chile and Slovakia showed the biggest fall in the rankings over the past year.

China has fallen by 11 spots in the latest rankings.

According to the EIU’s latest business environment Rankings, Singapore, Canada and Denmark will be the three countries with the best business environment over the next five years.


17) Answer: D

National Mission for Clean Ganga has signed an agreement with 49 universities.

The agreement has been signed to inspire youth toward water conservation and river rejuvenation.

The aim of the MoU is to bring students at forefront of the mass movement for creating a sustainable ecosystem of rivers.

On the occasion, Jal Shakti Minister Gajendra Singh Shekhawat said that ensuring the cleanliness of River Ganga with the rejuvenation of rivers are the prime objectives of the NamamiGange Mission.

ShriGajendra Singh Shekhawat presided over the NamamiGange: Universities Connect event where the agreement was signed with 49 universities.

The theme of the event was ‘Igniting Young Minds, Rejuvenating Rivers’.

The event was organised by the National Mission for Clean Ganga (NMCG) and APAC News Network in New Delhi.

NMCG was formed in 2011 under the Ministry of Jal Shakti.

It is the implementing wing of the National Ganga Council.


18) Answer: C

India is ranked 5th in the list of countries with the most AI investment as per Stanford University’s annual AI Index report.

The total amount of investments in AI startups in India was $3.24 billion in 2022.

US, China, UK and Israel are placed ahead of India.

India is placed ahead of South Korea, Germany, Canada and Australia.

As per the report, AI startups in India received a total funding of $7.73 billion during 2013-2022.

India is ranked 6th in the list of countries with the most AI investments during 2013-2022.

As per the Stanford report, 54% of researchers working on large language models were from American institutions.

Researchers from Canada, Germany and India made contributions to the development of large language models for the first time last year.

According to Tracxn, investments in AI startups in India increased from $1.7 billion in 2020 to $5.2 billion in 2022.


19) Answer: E

A total of seven medals have been won by Indian women wrestlers at the Asian Wrestling Championships held in Astana, Kazakhstan.

These include two silver and five bronze medals.

With this, India has secured the third position in the women’s team rankings.

AntimPanghal has won silver in 53 kg weight category and NishaDahiya in 68 kg weight category.

In the previous edition of this championship, India had won 5 medals and finished fourth.

Japan ranked first and China ranked second position in the women’s team rankings.

The 36th edition of the Asian Wrestling Championships was held in Astana, Kazakhstan from April 9 to 14, 2023.


20) Answer: A

World Hemophilia Day is celebrated on April 17th every year.

This day is recognized worldwide to increase awareness of haemophilia and other inherited bleeding disorders.

The theme of World Hemophilia Day is “Access for All: Prevention of bleeds as the global standard of care”.

World Hemophilia Day was first started in 1989 by the World Federation of Hemophilia which chose 17th April as the day to bring the community together in honour of World Federation of Hemophilia founder Frank Schnabel’s birthday.

The importance of educating hemophilia patients and the general public about bleeding disorders.

The day will also emphasize the importance of proper hemophilia care and treatment.