Daily GK and Current Affairs Quiz -17th March 2023
Daily GK and Current Affairs Quiz -17th March 2023

Daily GK and Current Affairs Quiz –17th March 2023

Today’s Current Affairs Quiz. Important Current Affairs Questions – March 2023. Monthly Current Affairs PDF. Latest Current Affairs Questions for Banking and Insurance Exams 2023. Welcome to the Let’s Study Together (LST) online Current Affairs section. If you are preparing for Banking & Insurance, SSC, Railways, and other competitive exams, you will come across a section on Current Affairs. Here we are providing you with the “Current Affairs Quiz – 17th March 2023″ in PDF format based on the current events for your daily practice.

This “Current Affairs Quiz – 17th March 2023″ is also important for other banking exams such as LIC AAO, IBPS PO, IBPS Clerk, SBI PO/Clerk, IBPS RRB Officer, IBPS RRB Office Assistant, IBPS SO, SBI SO, SSC, Railways and other competitive exams.

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Current Affairs Quiz – 17th March 2023

In all Sarkari Exams/Govt Exams, Current Affairs Quiz which is asked generally framed on International News, National News, State News, Sports, Awards, Summits, Schemes, Books & Authors, Ranks & Reports, Important Days, Economy, Defence, Science & Technology, etc. To excel in the Current Affairs section of the competitive examinations you are required to cover Current Affairs Quiz in the above areas.

1. Which of the following space has unveiled a new generation of spacesuits for humanity’s return trip to the Moon for its Artemis III mission?

  1. China National Space Administration (CNSA)
  2. Japan Aerospace Exploration Agency (JAXA)
  3. Indian Space Research Organisation (ISRO)
  4. National Aeronautics and Space Administration (NASA)
  5. None of these

Show Correct Answers

Correct Answer:  D. National Aeronautics and Space Administration (NASA)

Explanation:  NASA (National Aeronautics and Space Administration ) has been unveiled a new generation of spacesuit for humanity’s return trip to the Moon. The novel design of the spacesuit comes with specialist features to support astronauts as they conduct scientific experiments on the lunar surface. The prototype is said to be a better fit for female space travellers.

NASA said that it hopes to have the updated suit ready for the Artemis III mission to the Moon in 2025. When NASA announced that humanity would return to the moon after more than five decades, they promised to send the first woman and person of colour to the lunar surface. However, previous plans to send female astronauts to space have been scuppered by the lack of spacesuits in their size. A well-fitting suit is crucial to prevent excessive fatigue and at worst, physical harm. The existing spacesuits worn by US space travellers have not been fully redesigned since 1981.

2. ______________, a digital Bank in Qatar has announced to launch of Unified Payment Interface (UPI) remittance service to India.

  1. Ahlibank
  2. Commercial Bank
  3. United Bank Limited
  4. Qatar Development Bank
  5. None of these

Show Correct Answers

Correct Answer:  B. Commercial Bank

Explanation:  Commercial Bank, a digital Bank in Qatar, announced the launch of UPI remittance service to India, becoming the first bank in Qatar to offer this service. Customers can use Commercial Banking digital platforms to initiate UPI payments using UPI-ID. The transactions can be completed within 60 seconds and are available 24/7. UPI (Unified Payment Interface) is a fast and convenient payment system that allows customers to transfer money between bank accounts in real-time using UPI-ID. UPI-ID is a unique identifier that does not require bank account details or IFSC codes to create a beneficiary. Customers can use Commercial Banking digital platforms to make UPI payments using UPI-ID. UPI-ID for the beneficiary can be easily created by visiting respective Indian Bank Digital Platforms and by following the steps required.

3. Who among the following has been appointed as the chairman of the Pension Fund Regulatory and Development Authority (PFRDA)?

  1. Arashdeep Sin
  2. Deepak Mohanty
  3. Manoj Anand
  4. S. Bandyopadhyay
  5. None of these

Show Correct Answers

Correct Answer:  B. Deepak Mohanty

Explanation:  Deepak Mohanty, the whole-time member (Economics) of the Pension Fund Regulatory and Development Authority (PFRDA), was appointed as the Chairperson of PFRDA with effect from the date of assumption of charge till attaining the age of 65 or until further orders. The order of appointment was issued by the Department of Financial Services (DFS), Ministry of Finance. He succeeds Supratim Bandypadhyay whose tenure as Chairman of PFRDA ended in January 2023. PFRDA Chairperson holds office for 5 years or till the age of 65 years.

  • The Pension Fund Regulatory & Development Authority Act was passed on September 19, 2013, and the same was notified on 1st February 2014.
  • Financial Sector Regulatory Appointment Search Committee (FSRASC) headed by the Cabinet secretary has been interviewing the shortlisted candidates for the post of PFRDA Chairman since December 2022.
  • Mamta Shankar, IES (1993), Senior Economic Advisor in the Department of Food and Public Distribution, Ministry of Consumer Affairs, Food and Public Distribution, was appointed as the Whole-Time Member (economics) in PFRDA.

4. Recently, the United States has recognized _____________ as the international boundary and acknowledged Arunachal Pradesh as an integral part of India.

  1. Line of Control
  2. Radcliffe Line
  3. McMahon Line
  4. Line of Actual Control
  5. None of these

Show Correct Answers

Correct Answer:  C. McMahon Line

Explanation:  The United States has recognized the McMahon Line as the international boundary between Arunachal Pradesh and China in a recently passed bipartisan resolution, calling it an “integral part of India”. The resolution rejected Beijing’s claim that the northeastern state Arunachal Pradesh falls under Chinese territory. In addition to recognizing the McMahon Line, the resolution also condemned Chinese provocations in the region, including the use of military force by China to change the status quo at the Line of Actual Control. The resolution also condemned the construction of villages in disputed areas, the publication of maps of cities in Arunachal Pradesh, and the expansion of Beijing’s territorial claims on Bhutan. The resolution, titled ‘Reaffirmation of Arunachal Pradesh as Indian territory and condemnation of China’s provocative activities in South Asia’, came after a major clash between the Indian and Chinese forces in Arunachal’s Tawang in December last year.

What is the McMahon Line?

  • India and China share a 3,500 km long border which is disputed.
  • The line that delineates the boundary between the two countries is called the McMahon Line.
  • The border of India and China can be divided into three parts. Western Zone, Central Zone and Eastern Zone.
  • The line separating India and China is the McMahon Line although China considers the McMahon Line illegal.
  • The McMahon Line was drawn during the Simla Convention of 1914, officially described as a convention between Great Britain, China and Tibet.

5. Recently, a 7.1 earthquake hit the Kermadec Islands region. It is located in which country?

  1. China
  2. Japan
  3. Turkey
  4. New Zealand
  5. None of these

Show Correct Answers

Correct Answer:  D. New Zealand

Explanation:  An earthquake of 7.1 magnitude struck the New Zealand’s Kermadec Islands region, the US Geological Survey (USGS) said. The earthquake was estimated at a depth of 10 km (6.21 miles). The US Tsunami Warning System has issued a tsunami warning following this earthquake. Reports in the New Zealand media are suggesting issuance of relevant rescue measures to prevent further mishappenings. However, the National Emergency Management Agency (Nema) and the Bureau of Meteorology confirmed there was no tsunami threat to mainland New Zealand and Australia.

The Kermadec Islands lie northeast of Wellington, New Zealand capital. New Zealand is prone to earthquakes as it is located on the boundary of two of the world’s major tectonic plates- the Pacific Plate and the Australian Plate.

6. As per the recently released ‘World Air Quality Report’, which one of the following is the most polluted city in the world?

  1. Cairo, Egypt
  2. Delhi, India
  3. Lahore, Pakistan
  4. Dhaka, Bangladesh
  5. None of these

Show Correct Answers

Correct Answer:  C. Lahore, Pakistan

Explanation:  According to the 5th edition of the annual global survey report of IQAir, ‘World Air Quality Report 2022’Lahore (Pakistan), become the city with the worst air in the world in 2022, (up from 15th in 2021). Chad in central Africa replaced Bangladesh as the country with the most polluted air in 2022 with PM2.5 levels of 89.7 µg/m3 (micrograms per cubic meter).

  • The amount of PM2.5 (Particulate Matter 2.5) particles per cubic meter in the air in Lahore increased from 86.5 µg/m3 in 2021 to 97.4 µg/m3 in 2022, making it the most polluted city on earth.
  • Although India has some of the world’s most polluted cities, it ranks 8th in the 2022 report with PM2.5 levels of 53.3 µg/m3 (from 58.1 µg/m3 in 2021).

7. As per the recent forecast made by the CRISIL, what would be the GDP growth rate of India in FY 2024? (March 2023)

  1. 5.5%
  2. 8.5%
  3. 6.0%
  4. 7.2%
  5. None of these

Show Correct Answers

Correct Answer:  C. 6.0%

Explanation:  The Credit Rating Information Services of India Limited (CRISIL), expects India’s GDP (gross domestic product) growth to touch 6.0% in fiscal 6.0% in fiscal 2024, compared with 7.0% estimated by the National Statistical Organization for fiscal 2023, the rating agency said. The agency also sees the economy averaging a growth rate of 6.8% over the next five fiscals. Consumer inflation is expected to moderate to 5.0% on average in fiscal 2024 from 6.8% in fiscal 2023, owing to high-base effect and some softening of crude. A good rabi harvest would help cool food inflation, while the slowing economy should moderate core inflation.

8. Indian Railway has set a target of becoming Net Zero Carbon Emitter by-

  1. 2035
  2. 2030
  3. 2045
  4. 2050
  5. None of these

Show Correct Answers

Correct Answer:  B. 2030

Explanation:  Indian Railway has set a target of becoming Net Zero Carbon Emitter by 2030. The Indian Railway has taken a number of initiatives to reduce its carbon emissions which include use of energy efficient technologies like completely switching over to production of three phase electric locomotives with regenerative features, use of head on generation (HOG) technology etc The projected energy demand of Indian Railways in 2029-30 is expected to be about 8,200 MegaWatt (MW). To achieve Net Zero Carbon Emission, the expected requirement of renewable capacity by 2029-30 would be about 30,000 MW.

Monthly CA Digest February 2023 – Current Affairs Updates & 350+MCQ

9. The International Cricket Council (ICC) has announced Harry Brookas the ICC Men’s Player of the Month awards for February 2023. He is a cricketer from ______.

  1. Australia
  2. South Africa
  3. England
  4. West Indies
  5. None of these

Show Correct Answers

Correct Answer:  C. England

Explanation:  The winners of the ICC Player of the Month awards for February 2023 have been revealed by the International Cricket Council (ICC), with Ashleigh Gardner of Australia being awarded the ICC Women’s Player of the Month and Harry Brook of England recovering the ICC Men’s Player of the Month titles. The outcomes of the ICC Player of the Month Awards for February are a carbon copy of those from December 2022, when both winners received their first awards following successful months for their respective teams in both the short and long formats of the game.

10. India and the World Bank have signed a loan agreement for the construction of the Green National Highway Corridors Project (GNHCP) in _________ States.

  1. Three
  2. Four
  3. Five
  4. Six
  5. None of these

Show Correct Answers

Correct Answer:  B. Four

Explanation:  India and the World Bank have signed aloan agreement for the construction of the Green National Highway Corridors Project (GNHCP) in four States. These four states are-Himachal Pradesh, Rajasthan, Uttar Pradesh and Andhra Pradesh. Agreement has been signed for construction of 781 kilometer green national highway corridor in these states with a line of credit of $500 million. Road Transport and Highways Minister Nitin Gadkari gave this information in a written reply to a question in the Rajya Sabha.

Green National Highways Corridor Project

  • It will assist the Ministry of Road Transport and Highways (MoRTH) to construct 781 km of highways.
  • It will integrate safe and green technology designs such as local and marginal materials, industrial by-products and other bioengineering solutions.
  • It will also support the Bharatmala Pariyojana programme.

 

11. Reserve Bank of India (RBI) governor, Shaktikanta Das, has been named Governor of the Year by the Central Banking Awards 2023. He is ______ governor of RBI.

  1. 22nd
  2. 25th
  3. 24th
  4. 23rd
  5. None of these

Show Correct Answers

Correct Answer:  B. 25th

Explanation:  Reserve Bank of India (RBI) governor, Shaktikanta Das, has been named Governor of the Year by the Central Banking Awards 2023. Sh. Das has helped maneuver the ship as it faced multiple obstacles since his appointment, the Covid-19 pandemic and the Russia-Ukraine war being the two major tests. Shaktikanta Das is serving as the current & 25th governor of RBI. The National Bank of Ukraine was also awarded the Central Bank of the Year award. Central Banking is an international economic research journal.

Shaktikanta Das has become the second governor to get this award after Raghuram Rajan, who was awarded back in 2015. Awarding Das, the publication said the governor helped manoeuvre the ship as it faced multiple obstacles, such as the Covid pandemic and the Russia-Ukraine war, which fuelled inflation globally that in turn prompted central banks to raise hikes.

12. The US Senate Committee has announced the appointment of _________ as the new US Ambassador to India.

  1. Kristina Kvien
  2. Eric Garcetti
  3. Marc R. Stanley
  4. Steven C. Bondy
  5. None of these

Show Correct Answers

Correct Answer:  B. Eric Garcetti

Explanation: The US Senate Committee has announced the appointment of Eric Garcetti as the new US Ambassador to India. Despite being nominated by President Joe Biden almost two years ago, Garcetti’s appointment had been pending until now.  Eric Garcetti served as the President of the City Council of Los Angeles for four consecutive terms and is known to be a close acquaintance of President Biden. He has also emerged as a leader within the Democratic Party. However, Garcetti’s tenure as mayor of Los Angeles lasted for nine years and was not without controversy. In 2020, there was a controversial incident that occurred during his time in office.

13. Recently, the RBI has signed an MoU with the Central Bank of which country to promote innovation in financial products and services?

  1. Iran
  2. USA
  3. UAE
  4. Qatar
  5. None of these

Show Correct Answers

Correct Answer:  C. UAE

Explanation:  The Reserve Bank of India (RBI) and the Central Bank of the United Arab Emirates (CBUAE) signed an MoU in Abu Dhabi, to enhance cooperation and jointly enable innovation in financial products and services. CBUAE and RBI will jointly conduct proof-of-concept (PoC) and pilot(s) of bilateral CBDC bridge to facilitate cross-border CBDC transactions of remittances and trade. This bilateral engagement of testing cross-border use cases of CBDCs is expected to reduce costs, increase efficiency of cross border transactions and further the economic ties between India and UAE. The MoU also provides for technical collaboration and knowledge sharing on matters related to Fintech and financial products and services.

14. India’s merchandise exports declined by how much percent to $33.88 billion in February 2023?

  1. 9.2%
  2. 8.8%
  3. 8.0%
  4. 7.6%
  5. None of these

Show Correct Answers

Correct Answer:  B. 8.8%

Explanation:  India’s merchandise exports fell for a third consecutive month in February 2023. Exports declined 8.8% to $33.88 billion in February and the trade deficit came in at $17.43 billion. Between April-February 2022-23, the country’s merchandise exports increased 7.55% to $405.94 billion. The merchandise trade deficit in April-February stood at $247.5 billion, up 43.5%. Imports also declined by 8.21 per cent to USD 51.31 billion as against USD 55.9 billion recorded in the corresponding month last year. The country’s trade deficit in February stood at USD 17.43 billion. During April-February this fiscal, however, the country’s overall merchandise exports rose by 7.5 per cent to USD 405.94 billion. Imports during the period increased by 18.82 per cent to USD 653.47 billion.

15. Which of the following app won the prestigious 13th Aegis Graham Bell Award?

  1. PNB one
  2. Hello Ujjivan
  3. Yono
  4. BharatPe
  5. None of these

Show Correct Answers

Correct Answer:  B. Hello Ujjivan

Explanation: Ujjivan Small Finance Bank’s Hello Ujjivan app won the 13th Aegis Graham Bell Awards in the “Innovation in Consumer Tech” category in Mar’23. The award is an initiative of Aegis School of Data Science, under the Min of Electronics & Information Technology to foster an innovative culture in India. It is the 1st mobile banking app in India that enables speech, visual, and vernacular features. Ittira Davis is theMD and CEO of Ujjivan Samll Finance Bank.

Daily GK and Current Affairs Quiz – 16th March 2023


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