Daily Current Affairs Quiz - 01st and 02nd October 2023

Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 01st & 02nd October 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) Which bank launches a doorstep gold loan facility named Swarna Bandhu in collaboration with Sahi Bandhu?

(a) PNB

(b) Karnataka Bank

(c) KVB


(e) Canara Bank

2) Under DICGC, every depositor has the right to claim deposit insurance up to how much lakh rupees?

(a) ₹ 3 lakhs

(b) ₹ 5 lakhs

(c) ₹ 4 lakhs

(d) ₹ 2 lakhs

(e) ₹ 5.5 lakhs

3) Dharma Pradhan launches CRIIIO 4 good modules to promote gender equality and empower youth. It includes how many cricket animation films?

(a) 5

(b) 7

(c) 8

(d) 9

(e) 11

4) Sankalp is all about helping India get the most out of the ABP program. How many aspirational blocks are they implementing ABP?

(a) 350

(b) 400

(c) 450

(d) 500

(e) 550

5) The first green hydrogen-powered bus in the country. The buses will have four cylinders, each powered by 30 kg of hydrogen. How many km will the buses travel?

(a) 300 km

(b) 450 km

(c) 350 km

(d) 400 km

(e) 500 km

6) Russia Seeks Human Rights Council Reinstatement After Removal. When was Russia removed from the UN Human Rights Council?

(a) 2021

(b) 2020

(c) 2022

(d) 2019

(e) 2018

7) Dream11, a gaming company backed by Tiger Global, is facing $150 million in taxes in India. When was Dream11 get started?

(a) 2005

(b) 2008

(c) 2006

(d) 2004

(e) 2002

8) RBI approves 9.7% stake acquisition by International Finance Corporation in Federal
Bank. How much percentage of stake IFC is holding at present?

(a) 1.34%

(b) 1.31%

(c) 1.32%

(d) 1.35%

(e) 1.39%

9) Raghu Srinivasan has taken over as the ____ Director General Border Roads (DGBR) chief of the border roads organization.

(a) 25th

(b) 28th

(c) 27th

(d) 23rd

(e) 30th

10) How many months will the Central Board of direct taxes chairman Nitin Gupta's tenure be extended by the government?

(a) 9 months

(b) 12 months

(c) 5 months

(d) 6 months

(e) 8 months

11) Amit Khare, who used to be a bureaucrat, has been extended as a senior advisor to the prime minister. Which cadre did he hold?

(a) Bihar

(b) Karnataka

(c) Jharkhand

(d) Assam

(e) J&K

12) When did the Dravida Mudral Kazhagam, the youth branch of the Communist Party of India

(a) 1964

(b) 1966

(c) 1965

(d) 1960

(e) 1962

13) The NASA climate, weather, and air quality (CALIPSO) mission is coming to an end. CALIPSO was one of a group of satellites called the__________

(a) C-Train

(b) B-Train

(c) A-Train

(d) K-Train

(e) S-Train

14) An Iranian satellite, Noor-3, has been launched into space. The satellite has been placed in an orbit of how high (in miles) above the earth's surface?

(a) 250

(b) 280

(c) 230

(d) 220

(e) 200

15) MESSENGER, the image of MERCURY is shared by NASA. When was the MESSENGER launched?

(a) 2002

(b) 2003

(c) 2004

(d) 2005

(e) 2001

16) Global financial centres index 34th edition released by Z/Yen group and the China Development Institute. Which city topped the list?

(a) London

(b) Singapore

(c) Hong Kong

(d) New York

(e) Zurich

17) India ranked 40th in the Global Innovation Index (GII) 2023. Which country ranked second in the GII 2023?

(a) USA

(b) China

(c) Sweden

(d) Switzerland

(e) Iran

18) The 30th Edition of SIMBEX was successfully concluded in Singapore. When was the first SIMBEX conducted?

(a) 1992

(b) 1994

(c) 1996

(d) 1998

(e) 2000

19) How many countries were the members of WIPO?

(a) 191

(b) 192

(c) 193

(d) 195

(e) 198

20) What is the currency of Iran?

(a) Peso

(b) Rial

(c) Pound

(d) Franc

(e) Euro

Answers :

1) Answer: B

Karnataka Bankhas partnered with SahiBandhu, an aggregator platform for gold loans backed by the Manipal Group, to launch ‘doorstep gold loan’ facility named ‘KBL-Swarna Bandhu’.The key feature of this initiative is the provision of a doorstep gold loan facility. This means that customers can avail of gold loan services from the bank without having to visit a physical branch. The bank's representatives will visit the customer's location to facilitate the gold loan process.

2) Answer: B

Depositors of the bank are eligible for deposit insurance coverage provided by the Deposit Insurance and Credit Guarantee Corporation (DICGC).Each depositor is entitled to receive a deposit insurance claim amount of up to Rs 5 lakh. According to the data submitted by the bank, a significant majority of depositors, specifically 99.92%, are entitled to receive the full amount of their deposits from DICGC.DICGC has already disbursed Rs 16.27 crore of the total insured deposits based on the willingness received from the concerned depositors of the bank.

3) Answer: C

Union Minister for Education and Skill Development & Entrepreneurship Shri Dharmendra Pradhan launched ‘CRIIIO 4 GOOD’, a new online, life skills learning module, to promote gender equality among girls and boys. It consists of 8 cricket-based animation films aimed at promoting gender parity, equipping girls with life skills, and encouraging their participation in sports. The program was launched in collaboration with key organizations, including the International Cricket Council (ICC), the United Nations Children’s Fund (UNICEF), and the Board of Control for Cricket in India (BCCI).

4) Answer: D

Sankalp Saptah' is aimed at facilitating the effective implementation of the Aspirational Block Program (ABP) in India. The primary objective of ABP is to enhance governance at the block level and improve the overall quality of life for citizens. ABP is being implemented in 500 aspirational blocks, spread across 329 districts in India. Starting from October 3 to October 9, 2023, each day of the 'Sankalp Saptah' is dedicated to a specific development theme on which all the aspirational blocks will work. The themes for the first six days include ‘Sampoorna Swasthya’, ‘Suposhit Pariwaar’, ‘Swachhta’, ‘Krishi’, ‘Shiksha’, and ‘Samridhi Diwas’.

5) Answer: C

The green hydrogen will be utilised to power two buses that will operate in the National Capital Region (NCR). The buses will be equipped with four cylinders, each filled with 30 kg of hydrogen, to reach 350 km. These cylinders can be refilled in just 10-12 minutes, allowing for efficient and convenient operation. Hydrogen as a fuel offers a 3-fold increase in energy density compared to conventional fuels and does not emit harmful emissions, contributing to cleaner air quality. The production of 1 kg of hydrogen requires 50 units of renewable electricity and 9 kg of deionized water.

6) Answer: C

Russia is seeking to rejoin the United Nations Human Rights Council (UNHRC) after being removed from the council in April 2022.Russia is actively lobbying member nations to gain support for its position paper at the UN, signalling its desire to return to the UNHRC. Russia aims to rejoin the UNHRC with the belief that it will help restore its international credibility and potentially address allegations of human rights abuses associated with President Vladimir Putin's regime. Russia was removed from the UNHRC in April 2022 due to allegations of human rights violations by Russian soldiers in Ukraine. The motion to remove Russia was introduced by the United States and garnered 93 votes in favour.

7) Answer: B

The Income Tax Department of India has issued a demand for approximately $150 million in taxes from Dream11, covering the years 2017 to 2019. Established : 2008 Headquarters : Mumbai, Maharashtra, IndiaDream11 is an Indian fantasy sports platform. In April 2019, Dream11 became the first Indian fantasy sport company to become a unicorn.

8) Answer: A

The Reserve Bank of India (RBI) has granted its approval to the International Finance Corporation (IFC) for acquiring a 9.7% stake in Federal Bank. IFC currently holds a 1.34% stake in the bank. The RBI's approval is contingent on the IFC's adherence to various regulatory requirements, including provisions of the Banking Regulation Act, 1949, RBI’s Master Direction and Guidelines on Acquisition and Holding of Shares or Voting Rights in Banking Companies dated January 16, 2023 (as amended), provisions of the Foreign Exchange Management Act, 1999, regulations issued by the Securities and Exchange Board of India (SEBI), and any other applicable guidelines, regulations, and statutes.

9) Answer: B

Lieutenant General Raghu Srinivasan assumed the role of the 28th Director General Border Roads (DGBR).He took charge following the retirement of Lieutenant General Rajeev Chaudhry. Before becoming the DGBR, Lieutenant General Raghu Srinivasan held the position of Commandant at the College of Military Engineering in Pune, Maharashtra. Lt Gen Raghu Srinivasan is an alumnus of the National Defence Academy (NDA) in Khadakwasla and the Indian Military Academy (IMA) in Dehradun. He was commissioned into the Corps of Engineers in 1987.

10) Answer: A

The Union government has extended the tenure of Nitin Gupta, the current Chairman of the Central Board of Direct Taxes (CBDT), until June 30, 2024.This extension of 9 months was granted on the same day when Nitin Gupta was originally scheduled to retire and leave office. Nitin Gupta is a 1986-batch Indian Revenue Service (IRS) officer of the Income-Tax department. He was appointed as the Chairman of the CBDT in June 2022.Under Nitin Gupta's leadership, tax collection achieved significant growth. In the fiscal year 2023 (FY23), the CBDT collected net direct taxes totalling₹16.61 lakh crore.

11) Answer: C

Former bureaucrat Amit Khare has been granted an extension as an advisor to Prime Minister Narendra Modi. He was originally appointed as an advisor for a 2-year term in October 2021.Amit Khare is a retired 1985-batch Indian Administrative Service (IAS) officer of the Jharkhand cadre. He retired from active service on September 30, 2021. Prior to his retirement, he served as the higher education secretary.

12) Answer: B

The book primarily covers the period of Stalin's life from 1953 to 1976, including his experiences during the Emergency when he was arrested under the Maintenance of Internal Security Act (MISA).In 1966, MK Stalin initiated his political journey by establishing the Gopalapuram Youth Dravida Munnetra Kazhagam. The autobiography provides a chronological account of Stalin's early years in a politically active family and his eventual ascent to the position of Chief Minister of Tamil Nadu. The book takes us on a chronological journey, from Stalin’s formative years in a politically charged household to his eventual rise as the Chief Minister of Tamil Nadu.

13) Answer: C

CALIPSO is a mission dedicated to studying how clouds and aerosols impact the Earth’s climate. The CALIPSO mission was a joint project between NASA (National Aeronautics and Space Administration) and CNES (Centre National d'Études Spatiales), the French space agency. CALIPSO was launched in the year 2006 and operated for a duration of 17 years. Scientists utilised data from CALIPSO to create three-dimensional (3D) models of the Earth's atmosphere. CALIPSO was a member of a constellation of satellites known as the "A-Train."

14) Answer: B

It is a satellite with potential spying capabilities, boosting Iran’s abilities in space. It has been put in an orbit 450 kilometres (280 miles) above the Earth's surface. It was launched by the three-stage Qased, or messenger carrier.The spacecraft's two predecessors, Noor-1 and Noor-2, launched in April 2020 and March 2022, respectively, also atop Qased rockets.Noor-1 fell back to Earth in April 2022, but Noor-2 remains operational and may work in concert with Noor 3 when the latter satellite comes online

15) Answer: C

Mercury is the smallest planet in our solar system, and it holds the distinction of being the closest planet to the Sun, located approximately 36 million miles away from it. MESSENGER was launched in 2004, and it entered orbit around Mercury in 2011, after a long journey through space. The primary objective of the MESSENGER spacecraft was to conduct an in-depth study of Mercury. This included investigating its geology, magnetic field, and chemical composition. MESSENGER was categorised as the 7th Discovery-class mission, signifying its role in NASA's efforts to explore and study various celestial bodies within our solar system.

16) Answer: D

The 34th edition of the Global Financial Centres Index (GFCI 34) was published by Z/Yen Group in partnership with the China Development Institute (CDI).The launch of GFCI 34 featured a webinar that connected London and Hong Kong. It included contributions from the Hong Kong Financial Services Development Council and the World Alliance Of International Financial Centers. New York retained its position as the top financial centre in the index & it has held the top spot since GFCI 24, published in September 2018. London maintained its 2nd position.

17) Answer: C

Switzerland has topped the GII ranking for the 13th consecutive year, followed by Sweden and the United States in the 2nd and 3rd positions, respectively. The United Kingdom and Singapore are in the 4th and 5th spots. China is the only middle-income economy within the top 30 countries in the GII rankings. As per the Global Innovation Index 2023, India is among the 21 economies that outperformed for the 13th consecutive year in innovation relative to the level of development.

18) Answer: B

Indian Naval Ships Ranvijay and Kavaratti, the submarine Sindhukesari, and a long-range Maritime Patrol Aircraft P8I participated in the exercise. SIMBEX was first initiated in 1994, making it a three-decade-old annual exercise.The exercise began with an opening ceremony held on 21st September 2023.The exercise included combined aviation, firefighting, and damage control exercises conducted during the exercise period.The sea phase of SIMBEX 23 took place from the 25th to the 28th of September, 2023.

19) Answer: C

About WIPO:

  • Founded : 14 July 1967
  • Headquarters : Geneva, Switzerland
  • Director General : Daren Tang Heng Shim
  • Membership : 193 member states

20) Answer: B

About Iran:

  • President : Ebrahim Raisi
  • Capital : Tehran
  • Currency : Iranian rial
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