Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 02nd 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.

Start Quiz

1) Which organization Accelerator Fund is to be set up at IIM Ahmedabad’s Centre for Innovation, Incubation & Entrepreneurship startup incubator?  

(a) SIDBI

(b) NHB

(c) IMF

(d) IRDAI

(e) UNDP

2) Max Life Appointed as Lead Insurer for which state Under IRDAI’s State Insurance Plan?

(a) Rajasthan

(b) Bihar

(c) Uttar Pradesh

(d) Karnataka

(e) Tamil Nadu

3) Fino Payments Bank to apply for a small finance bank licence. According to RBI, how many payment banks are there in India?

(a) 5

(b) 8

(c) 6

(d) 10

(e) 12

4) The Clean Ganga Mission has approved how many projects worth a total of Rs. 692 crores?

(a) 5

(b) 6

(c) 4

(d) 7

(e) 8

5) Where is the Purna wildlife sanctuary located?

(a) Goa

(b) Gujarat

(c) Karnataka

(d) Andhra Pradesh

(e) Kerala

6) The Rubaru Mr India competition was held in which state?

(a) Goa

(b) Gujarat

(c) Karnataka

(d) Andhra Pradesh

(e) Kerala

7) Which state has been officially declared as a Lumpy Skin Disease Positive State?

(a) Sikkim

(b) Maharashtra

(c) Nagaland

(d) Kerala

(e) Bihar

8) The Government of Uttar Pradesh to expand Bal Shramik Vidya Yojana to cover all 75 districts. How many rupees are beneficiaries for boys under this scheme?

(a) 14000

(b) 13500

(c) 12000

(d) 14400

(e) 12500

9) Jharkhand CM Hemant Soren launches a mobile app to track elephant movement on the occasion of _______ Van Mahotsav.

(a) 73rd

(b) 74th

(c) 75th

(d) 72nd

(e) 71st

10) The Combined Index of Eight Core Industries rises by how much per cent (provisional) in June 2023 compared to June 2022?

(a) 8.1

(b) 7.5

(c) 8.2

(d) 7.6

(e) 6.2

11) DGT collaborates with which Web Services India to offer skilling programs on emerging technologies?

(a) Oracle

(b) Amazon

(c) Alibaba

(d) Microsoft

(e) IBM

12) Indian-American policy expert __________ appointed as new Deputy Chief Executive Officer of US DFC.

(a) Nisha Biswal

(b) Anitha Biswal

(c) Sanjay Biswal

(d) Deepak Biswal

(e) Neha Biswal

13) Prof Ganesan Kannabiran was appointed as the new director of the National Assessment and Accreditation Council (NAAC). Where is the Headquarters of NAAC?

(a) Gujarat

(b) Delhi

(c) Karnataka

(d) Maharashtra

(e) West Bengal

14) Elon Musk's SpaceX launched World's largest private communications satellite on _____

(a) Jupiter 3

(b) Jupiter 1

(c) Jupiter 4

(d) Jupiter 2

(e) Jupiter 5

15) TRAI and C-DoT sign MoU to establish the mechanism of technical and institutional cooperation in telecommunications. Where is the Headquarters of C-DoT?

(a) Gujarat

(b) Delhi

(c) Karnataka

(d) Maharashtra

(e) West Bengal

Answers :

1) Answer: A

The Small Industries Development Bank of India (SIDBI), the principal financial institution for Micro, Small and Medium Enterprises (MSMEs) in the country, announced its partnership with the Indian Institute of Management, Ahmedabad’s (IIM-A) startup incubator Centre for Innovation, Incubation & Entrepreneurship (CIIE) to set up a SIDBI Accelerator Fund at the incubator with an initial corpus of Rs 20 crores. To promote Deep Tech and science-led Innovation by facilitating access to seed capital. The programme focuses on supporting startups with meritorious ideas and technologies important for India’s goals for 2047 to become self-reliant as well as a dominant player in high quality/ high entry barrier products/services.

2) Answer: C

Max Life Insurance Company Ltd. (Max Life) has been appointed as the “Lead Insurer” for the State of Uttar Pradesh (UP) by the Insurance Regulatory and Development Authority of India (IRDAI). Under the State Insurance Plan, IRDAI has initiated a collaborative platform with insurers by assigning two states to each insurer to enhance financial awareness and drive insurance inclusion. Supporting this vision, Max Life aims to create awareness, enhance accessibility and drive affordable insurance coverage across Uttar Pradesh in a phased manner. Max Life has initiated digital insurance awareness activities in Chandauli and Varanasi in the first phase, reaching more than 1,45,000 individuals.

3) Answer: C

Fino Payments Bank Limited has approved a proposal to transition into a small finance bank (SFB).According to the RBI, there are 6 payment banks and 12 small finance banks. However, the transition is subject to necessary approvals. The Payments Bank has also got a letter from its holding company Fino PayTech regarding a group corporate restructuring proposal. After this, the board has formed a committee to explore the possibility of group corporate restructuring. With this, Fino has become the first such entity to move towards becoming a small finance bank (SFB) since the Reserve Bank of India in 2019 allowed payments banks to apply for conversion into SFB after 5 years of operations.

4) Answer: D

The 50th meeting of the Executive Committee of the National Mission for Clean Ganga (NMCG) was held under the chairmanship of DG, NMCG, Shri G. Asok Kumar where Seven projects worth around Rs. 692 crorewere approved. Out of the seven projects, four pertain to sewage management in Uttar Pradesh and Bihar. NMCG has so far sanctioned a total of 452 projects worth around Rs. 38,126 crore out of which 254 have been completed. For sewage management in Uttar Pradesh, 3 projects worth Rs. 661.74 crore were approved in the meeting. These include the creation of a 100 MillionLitres per Day (MLD) STP in Lucknow along with Interception and Diversion (I&D) works under Hybrid Annuity Mode (HAM).

5) Answer: B

Purna Wildlife Sanctuary, which was declared a sanctuary in July 1990, has the thickest forest cover in the state of Gujarat. The forests have lofty teak trees rising tall and straight in the company of other associated flora.

6) Answer: A

The beautiful Indian state of Goa has been chosen to host the world's biggest and most prestigious national pageant for men, the RubaruMr India competition. This renowned event will take place this August with the national finals taking place at the Bogmallo Beach Resort on August 5.  In the month of August, Goa will welcome 32 of the most handsome, charismatic and talented men from different parts of India for the 19th season of the RubaruMr India competition.  Alongside the handsome candidates, several notable and prominent personalities from the fashion world and the beauty pageant industry will also travel to Goa for this prestigious event.

7) Answer: C

Nagaland has been officially declared as a Lumpy Skin Disease Positive State. The declaration is made following the detection of the Lumpy skin disease in four districts of the state, under The Prevention and Control of Infectious and Contagious Diseases in Animals Act, 2009. The Directorate of Animal Husbandry & Veterinary Services will enforce all necessary preventive measures with the concerned state department as per the advisory and guidelines issued by the Department of Animal Husbandry and Dairying, Ministry of Fisheries, Animal Husbandry & Dairying.

8) Answer: C

To reach out to 5,000 children, the Uttar Pradesh (UP) government decided to expand the ‘Bal Shramik Vidya Yojana’ to all 75 districts. To educate child labour.  It is currently being implemented in 20 districts and benefitting 2,000 children. Selected Children of the age group of 8 to 18 years involved in agriculture, self-employment, home-based establishments, domestic work, and other forms of labour will get financial assistance. Under the Bal Shramik Vidya Yojana, the beneficiary boys and girls will receive financial assistance of Rs 12000 and Rs 14400 annually. Apart from this, working children of landless families are also eligible for the scheme. The only condition for getting financial assistance is 70% attendance in the school.

9) Answer: B

Jharkhand Chief Minister (CM) Shri Hemant Soren launched Jharkhand elephant tracker, a mobile application-based elephant movement tracking system on the occasion of the 74th Van Mahotsav in Ranchi to reduce human-elephant conflicts in Ranchi, Jharkhand. The mobile app will help villagers and departments to track elephant movements so that precautionary measures could be taken in advance. The elephant locations will be fed by the forest department field staff using their internal database. The app will also help police and district administrative officials keep track of elephant movement.

10) Answer: C

The combined Index of Eight Core Industries (ICI) increased by 8.2 per cent (provisional) in June 2023 as compared to the Index of June 2022. The production of Steel, Coal, Cement, Refinery Products, Natural Gas, Fertilizers and Electricity increased in June 2023 over the corresponding month of last year. ICI measures combined and individual performance of the production of eight core industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity. The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).

11) Answer: B

The Directorate General of Training (DGT), under the aegis of the Ministry of Skill Development and Entrepreneurship (MSDE), is collaborating with Amazon Web Services (AWS) India to upskill students in cloud computing, data annotation, artificial intelligence (AI), and machine learning (ML), to boost their capabilities and employability. This initiative will benefit students enrolled in the institutions under the DGT, an apex Organisation responsible for implementing long-term institutional skill training through an extensive network of about 15,000 Industrial Training Institutes (ITIs) and 33 National Skill Training Institutes (NSTIs), across India.

12) Answer: A

The United States Senate confirmed Indian-American policy expert and businesswoman Nisha Desai Biswal as the Deputy Chief Executive Officer of the US International Development Finance Corporation (DFC). In March 2023, US President Joe Biden had announced the nomination of Biswal as the deputy CEO of the DFC. Biswal has over 30 years of experience in US foreign policy and international development programs within the Executive Branch, Congress, and the private sector. She served as Assistant Secretary for South and Central Asian Affairs at the US Department of State from 2013 to 2017 & she was the first South-Asian American to hold this position. She serves as the Chair of the Advisory Committee on Voluntary Foreign Aid and is on both the Board of the National Democratic Institute and the US Institute of Peace International Advisory Council. She has also served as Assistant Administrator for Asia at the US Agency for International Development (USAID), directing and supervising the institution's programs and operations across South, Central, and Southeast Asia

13) Answer: C

The National Assessment and Accreditation Council (NAAC) has appointed educationist Professor Ganesan Kannabiran as its new director for 5 years. Headquarters: Bangalore, Karnataka, India. The NAAC is a government organisation in India that assesses and accredits Higher Education Institutions (HEIs). It is an autonomous body funded by the University Grants Commission. The NAAC assessment results in a grade awarded to the institution, ranging from ‘A++’ (highest) to ‘C’ (lowest). Institutions that do not meet the minimum criteria receive an ‘Unaccredited’ status.

14) Answer: A

Hughes Network Systems, an EchoStar (Nasdaq: SATS) company, announced its JUPITER 3 ultra high-density satellite has successfully launched on a SpaceX Falcon Heavy rocket from historic Kennedy Space Center Launch Pad 39A in Florida, United States of America (USA). It also known as EchoStar XXIV, JUPITER 3 was built by Maxar Technologies in Palo Alto, CA, and is engineered to deliver gigabytes of connectivity to customers across North and South America. This will mark the 7th launch for SpaceX's triple-booster rocket, which debuted to much fanfare back in 2018.

15) Answer: B

Telecom Regulatory Authority of India (TRAI) and the Centre for Development of Telematics (C-DoT) signed a “Memorandum of Understanding” (MOU). The MoU has been signed by Shri Anil Kumar Bhardwaj, DG (TRAI CSR) and Shri Rajeev Kumar, Registrar, C-DoT in the presence of Secretary DoT, Secretary TRAI, CEO C-DoT and other senior officials of TRAI and C-DoT. The TRAI Centre of Studies and Research (TRAI CSR) was established as an entity within TRAI to conceptualise, coordinate, and enable technological studies in the telecom and broadcasting sectors. C-DoT headquarteris at Meharauli, New Delhi.