Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 06th January  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) World Day of War Orphans for the children who lose their parents in sudden violence was observed on which among the following day in January?

(a)January 04

(b)January 05

(c)January 06

(d)January 07

(e)January 08

2) Union Cabinet under Prime Minister Narendra Modi has approved Rs _________ cr for National Green Hydrogen Mission

(a) Rs 19,744 cr

(b)Rs 29,744 cr

(c)Rs 39,744 cr

(d)Rs 49,744 cr

(e)Rs 59,744 cr

3) Government of India aims for a $17 billion cut in food, and fertilizer subsidies of _________ % in Financial Year 24

(a) 25%

(b) 26%

(c) 27%

(d) 28%

(e) 30%

4) Which among the following minister inaugurates 2 infrastructure projects to improve road connectivity in J&K & Ladakh?

(a)Shri Amit Shah

(b)Shri Piyush Goyal

(c) Shri Nitin Gadkari

(d) Shri Dharmendra Pradhan

(e) Shri Rajnath Singh

5) To celebrate the 75 handwoven Saris of India the second Phase of the Sari Festival “VIRAASAT” begins in ______________

(a)Chennai, Tamilnadu

(b) New Delhi, Delhi

(c) Gurugram, Haryana

(d) Thiruvananthapuram, Kerala

(e) Mumbai, Maharashtra

6) To inform people to vote in the upcoming assembly polls Election Commission launches ____________ to take voter turnout in Tripura to over 90

(a)Mission-919

(b) Mission-929

(c)Mission-939

(d)Mission-949

(e)Mission-959

7) As per the report released by the Reserve Bank of India (RBI) which among the following banks are chosen as Domestic Systemically Important Banks (D-SIBs)?

(a) HDFC bank

(b) ICICI Bank

(c) State Bank of India

(d) Only A and B

(e) All A, B and C

8) India Accelerator collaborates with which of the following bank & Infosys Finacle to promote the startup ecosystem in India?

(a) ICICI Bank

(b) HDFC BANK

(c) Federal Bank

(d) AXIS BANK

(e) DCB Bank

9) The Reserve Bank of India (RBI) has recently released the __________ volume of Reserve Bank history that covers 11 years from 1997-2008

(a) 1^st

(b) 2^nd

(c) 3^rd

(d) 4^th

(e) 5^th

10) SBI Mutual gets Reserve Bank of India approval to buy 9.99% of various schemes from which among the following Small Finance Bank?

(a)Au Small Finance Bank Ltd

(b)Capital Small Finance Bank Ltd

(c)Fincare Small Finance Bank Ltd

(d)Equitas Small Finance Bank Ltd

(e)Ujjivan Small Finance Bank Ltd

11) The 17th Pravasi Bharatiya Divas Convention was held at which among the following state?

(a)Mumbai, Maharashtra

(b) Hyderabad, Telangana

(c)Indore, Madhya Pradesh

(d) New Delhi, Delhi

(e) Bangalore, Karnataka

12) Which state in India has won the UN-Habitat's World Habitat Awards 2023 for Slum Upgradation Program?

(a) Kerala

(b) Tamil Nadu

(c) Uttar Pradesh

(d) Bihar

(e) Odisha

13) Writer Ambikasuthan Mangad has been selected for Odakuzhal Award 2022 for his short stories collection titled _____________

(a)Mungilthotam

(b)Ilangathir

(c)Earkai

(d)Pranavayu

(e) Nalla Vunavu

14) Which among the following IIT and Defence Research and Development Organisation (DRDO) tie up for advanced defence tech Research & Development?

(a)IIT Bombay

(b) IIT Madras

(c) IIT Delhi

(d) IIT Kharagpur

(e) IIT Guwahati

15) As per Bird Census of Silent Valley, the bird species go up to 175. Silent Valley National Park is located in which state?

(a) Tamil Nadu

(b) Karnataka

(c) Kerala

(d) Andhra Pradesh

(e) Telangana

16) Mr. Lingam Venkata Prabhakar, Managing Director (MD) and Chief Executive Officer (CEO) of which Public Sector Bank has retired recently?

(a)State Bank of India

(b)Punjab National Bank

(c)Bank of Baroda

(d) Canara Bank

(e) Union Bank of India

17) Which among the following fintech unicorn has appointed chief financial officer (CFO) Mr. Nalin Negi as interim CEO?

(a)MobiKwik

(b)Razorpay

(c) Google Pay

(d)PhonePe

(e)BharatPe

18) Which Indian organisation has appointed Mr Sundararaman Ramamurthy as Managing Director and Chief Executive Officer (CEO) of the company for 5 years?

(a)Bombay stock exchange (BSE)

(b)National stock exchange (NSE)

(c) Calcutta Stock Exchange (CSE)

(d) India International Exchange (India INX)

(e)Metropolitan Stock Exchange (MSE)

19) Which Space sector start-up has recently launched a second satellite - Pushan Alpha on SpaceX Rocket to monitor space weather?

(a)Aadyah

(b)General

(c)Spacerolls

(d)Xovian

(e)Digantara

20) Mr.Shyamal Ghosh passed away. He belongs to which sport?

(a) Cricket

(b) Foot Ball

(c) Chess

(d) Volley Ball

(e)Kabbadi

Answers :

1) Answer: C

World Day of War Orphans 2023 is observed on the 6th of January 2023.

Children who lose their parents in sudden, violent events like war are forced to live with a surviving relative or into the foster care system, where they must deal with horrible living conditions including starvation and disease.

It's impossible to fathom the emotional and mental strain they experience.

About half of the casualties in wars over the past few centuries were civilians, a percentage that gradually rose until 2001.

According to UNICEF, there were "almost 140 million orphans worldwide" as of 2015.

Of those, 61 million lived in Asia, 52 million in Africa, 10 million in Latin America and the Caribbean, and 7.3 million in Eastern Europe and Central Asia.

SOS Enfants enDetresse, a French charity that aims to restore a sense of normalcy to the lives of children indirectly impacted by war and conflict, established World Day for War Orphans.

2) Answer: A

The Union Cabinet approved an initial outlay of Rs 19,744 crore for the National Green Hydrogen Mission.

Addressing the nation on its 75th Independence Day in 2021, Prime Minister Narendra Modi launched a national mission for green fuels in line with the Centre's stated target of making India energy-independent before completing 100 years of Independence.

The mission will have four components that aim at enhancing domestic production of green hydrogen and promoting the manufacturing of electrolyzers — a key constituent for making green hydrogen.

The initial outlay for the mission will include Rs 17,490 crore for strategic interventions for the green hydrogen transition (SIGHT) program, Rs 1,466 crore for pilot projects, Rs 400 crore for research and development (R&D), and Rs 388 crore for other missions components.

The initial target is to produce 5 million tonnes (mt)of green hydrogen annually.

SIGHT will include two financial incentive mechanisms for the domestic manufacturing of electrolyzers and the production of green hydrogen.

The mission will also support pilot projects in emerging end-use sectors and production pathways.

3) Answer: B

The government aims to cut spending on food and fertilizer subsidies to Rs 3.7 lakh crore ($44.6 billion) in the fiscal year from April, down 26% from this year to rein in a fiscal deficit that ballooned during the COVID-19 pandemic.

Food and fertilizer subsidies alone account for about one-eighth of total budget spending of Rs 39.45 lakh crore this fiscal year, but reductions in food subsidies, in particular, may prove politically sensitive with elections looming on the horizon.

The government expects to budget around Rs 2.3 lakh crore for food subsidies in the coming fiscal year, compared with Rs 2.7 lakh crore for the current year to March 31

A large part of the savings will come from the end of a COVID-19-era free food scheme, which will be replaced with a lower-spending program.

That will effectively halve the free rations available to the poor in a year with a series of state elections, while general elections loom in 2024.

The government is eager to tame its fiscal deficit, which is targeted at 6.4% of GDP for the current fiscal year.

4) Answer: E

Defence Minister Shri Rajnath Singh inaugurated 2 infrastructure projects to improve road connectivity in Jammu and Kashmir (J&K) and Ladakh Union territories.

2 infrastructure projects :

The Maitra Bridge in the Ramban district of Jammu & Kashmir (J&K)

The double-lane Srinagar-Sonamarg-Gumri road.

Singh, inaugurated 28 projects in virtual mode while on a visit to Arunachal Pradesh.

About Maitra Bridge :

The Maitra Bridge (Jhula Bridge) at Ramban, is a 240-feet Bailey suspension bridge.

The project has been completed in just 31 days, 2 months ahead of its scheduled date of completion.

The bridge connects Ramban district administrative complex and the Gool sub-division.

5) Answer: B

The second phase of the Sari Festival “VIRAASAT”- Celebrating 75 handwoven Saris of India will begin from 3rd to 17th January 2023 at Handloom Haat, Janpath, New Delhi.

The 2nd phase was organized by the Ministry of Textiles.

About the 2nd phase of VIRAASAT:

The 2nd phase, having 90 participants from different parts of the country, brings enhanced attraction through the participation of famous Handcrafted varieties of Saris like Tie and Dye, Chikan embroidered Saris, Hand Block Saris, Kalamkari printed Saris, Ajrakh, Kantha and Phulkari.

A social media campaign has been launched under the common hashtag #MySariMyPride to support our handloom weavers.

6) Answer: B

The Election Commission (EC) is focusing on 929 polling booths across Tripura, setting a target of 92% voter turnout in the assembly elections due early this year.

These booths recorded a voter turnout of less than 89%, which was the average across 3,328 booths in the 2018 assembly polls.

The voter turnout was 89.5% in the 2018 Tripura assembly election.

Mission-929’s aim:

To inform people to vote in the upcoming assembly polls.

Key Highlights:

The Election commission plans to launch an awareness campaign, poll officials will visit senior citizens and persons with disability, and appeal to them to cast their votes.

EC will make proper arrangements like ramps, wheelchairs, and separate queues for persons with disability.

The ECI is also working on Mission Zero Poll Violence' to make the assembly elections peaceful.

This will also ensure that voters can cast their votes peacefully in the assembly election to be held in 2023.

7) Answer: E

The Reserve Bank of India (RBI) released the 2022 lists of Domestic Systemically Important Banks (D-SIBs) based on the data collected from banks as on March 31, 2022.

The top three Indian lenders -State Bank of India, ICICI Bank, and HDFC Bank continue to be D-SIBs.

RBI places these banks in appropriate buckets upon their Systemic Importance Scores (SISs).

Key Highlights:

ICICI Bank and HDFC Bank have been placed in the first bucket while SBI has been placed in the third bucket.

ICICI Bank and HDFC Ban/k have to maintain additional CET1 at 0.20% of their Risk Weighted Assets (RWAs).

SBI has to maintain Additional Common Equity Tier 1 (CET1) at 0.60% of its RWAs.

The additional CET1 requirement for D-SIBs has become fully effective from 1 April 2019.

8) Answer: A

India Accelerator, a seed-stage accelerator program has launched the i3 Launchpad, a program created to nurture and co-innovate with the startup ecosystem in India.

This has been developed in collaboration with ICICI Bank and Infosys Finacle, part of EdgeVerve Systems, a wholly-owned product subsidiary of Infosys.

Aim:

To support a community of entrepreneurs who are on a mission to create brands that can have a global impact.

About i3 Launchpad:

It is designed to help startups accelerate their success by leveraging mentorship, resources, and opportunities from Infosys Finacle, ICICI Bank, and India Accelerator (IA).

It is open to start-ups across all industries and aims to onboard two cohorts a year with a target of 12-18 start-ups in each.

9) Answer: E

The Reserve Bank of India (RBI) released the fifth (5th) volume of Reserve Bank history (1997-2008).

The 5th volume covers the 11 years from 1997 to 2008.

Key Highlights:

The process of preparation for this volume was started by RBI in 2015 under the guidance of an Advisory Committee.

Dr. Narendra Jadhav, a former Member of Parliament and former Principal Adviser & Chief Economist of the Reserve Bank chaired this committee.

A team of writers led by the economic historian Dr. Tirthankar Roy has prepared the volume.

Other members of the team were K. Kanagasabapathy, N. Gopalaswamy, F. R. Joseph, and S.V.S. Dixit.

10) Answer: D

The Reserve Bank of India (RBI) approved a proposal of SBI Funds Management Limited (SBIFML) to acquire 9.99% equity shares in the Equitas Small Finance Bank (SFB) through various schemes of SBI Mutual Fund.

The banking regulator's approval is subject to compliance with the relevant regulations issued by RBI and SEBI.

It is valid for 1 year till 2 January 2024.

About SBI Funds Management:

Founded: 1987

Headquarters: Mumbai, Maharashtra, India

MD & CEO: Mr. Shamsher Singh

SBIFML is a joint venture between the State Bank of India, an Indian public sector bank, and Amundi, a European asset management company.

11) Answer: C

An educationist in Bhutan, a doctor in Brunei, and civil society activists in Ethiopia, Israel, and Poland were among the 27 people chosen for the PravasiBharatiya Samman Award (PBSA), the highest honour for overseas Indians.

The PBSA is conferred by the President as part of the PravasiBharatiya Divas Convention on non-resident Indians (NRIs), persons of Indian origin (PIOs), or organizations established and run by NRIs or PIOs in recognition of their outstanding achievements in India and abroad.

The 17th edition of the PravasiBharatiya Divas Convention will be held at Indore in Madhya Pradesh during January 8-10.

The awards will be conferred by the President during the valedictory session of the PravasiBharatiya Divas celebrations.

The recipients were chosen by a jury-cum-awards committee chaired by the vice president.

External affairs minister S Jaishankar is the vice-chair of the panel, whose other members are drawn from various walks of life.

12) Answer: E

Odisha won the UN-Habitat's World Habitat Awards 2023 for Jaga Mission, a 5T initiative of the state.

According to an official statement, the Jaga mission is the land titling and slum upgrading program that aims at empowering the lives of slum dwellers.

Under the leadership of Chief Minister Naveen Patnaik, the Government of Odisha has set itself the ambitious target of becoming the first slum-free state in India and is leading the Jaga Mission program to upgrade all of the state's 2,919 slums

100 percent of households in 2,724 slums have been provided with pipe water connections, 707 slums have transformed fully into liveable habitats, 100 percent of households in 666 slums have individual toilets, and 8 cities have become slum-free.

Earlier in 2019, Odisha's Jaga mission received World Habitat Awards for its success in providing land tenure security to the slum dwellers

13) Answer: D

Writer Ambikasuthan Mangad has been selected for Odakuzhal Award 2022 for his collection of short stories titled Pranavayu.

The award consists of ₹30,000, a citation, and a plaque.

Instituted by the Guruvayurappan Trust, the award is being given for the best collection of short stories in Malayalam.

In its evaluation, the judging committee for 2022 said Pranavayu included contemporary stories filled with modern vision and outlook.

The stories Neeraliyan and Pranavayu, which are based on the topic of climate change, offer a unique reading experience in Malayalam

The award will be presented on the occasion of the 45th death anniversary of Mahakavi G. SankaraKurup, who established the Guruvayurappan Trust, at the Ernakulam Samastha Kerala Sahithya Parishad building here.

Literary critic Dr. M. Leelavathi will present the award to AmbikasuthanMangad.

14) Answer: B

IIT-Madras has created a ‘centre of excellence’ at a campus unit set up by the Defence Research and Development Organisation (DRDO) to develop advanced national defence and security technologies.

The interdisciplinary research group will bring in faculty and researchers from multiple departments for translational research.

Called the ‘DRDO Industry Academia-Ramanujan Centre of Excellence (DIA-RCoE), it will also work towards the ‘Aatmanirbhar Bharat goal in the defence sector.

Set up under the ‘long-term directed research policy’ of the Defence Ministry, the centre will undertake basic and applied research in verticals like electronics and computational systems; naval systems and naval technologies; advanced combat vehicle technologies; high-power CW laser sources; and next-generation communication and networking technologies.

15) Answer: C

Kerala’s Silent Valley National Park bird census discovered 141 species, including 17 new ones.

In Silent Valley, 175 different bird species have been identified thus far.

It is situated on the border between the Nilambur Taluk in Kerala's Malappuram District, the Mannarkkad Taluk in Palakkad District, and the Nilgiris District in Tamil Nadu.

There are some endangered plant and animal species in this national park.

Botanist Robert Wight visited this region in 1847.

It is situated in the Nilgiri Biosphere Reserve, which has a diverse biodiversity.

It is close to Anginda peak and Mukurthi peak, the fifth-highest peak in South India.

Both the Kunthipuzha River and Bhavani River, tributaries of the Bharathappuzha River, have their origins close to Silent Valley.

In Silent Valley, the Kadalundi River also has its beginning.

Among the 17 species recently discovered in the Silent Valley were the Brown Wood Owl, Banded Bay Cuckoo, Malabar Woodshrike, White-throated Kingfisher, Indian nightjar, Jungle nightjar, and Large Cuckooshrike.

16) Answer: D

Mr. Lingam Venkata Prabhakar, Managing Director (MD) and Chief Executive Officer (CEO) of Canara Bank Limited, retired from the services of the bank on attaining the age of superannuation.

About Mr Lingam Venkata Prabhakar:

Mr. L V Prabhakar has over 34 years of rich experience in banking, spread across a spectrum of domains.

He is the Chairman of Canara Robeco Asset Management Co. Ltd, Canara HSBC OBC Insurance Company Ltd &Canfin Homes Ltd.

He is the Chairman of the IBA Standing Committee on Payment Systems & Banking Technology.

He is the Director on the Board of Governing Council of the Indian Institute of Banking & Finance (IIBF) & National Institute of Banking Management (NIBM)

Before joining Canara Bank, he worked as the Executive Director of Punjab National Bank.

He has also served on the Boards of PNB Metlife India Insurance, PNB Housing Finance Limited, and Everest Bank Ltd, Nepal.

17) Answer: E

BharatPe, a fintech unicorn, announced that chief executive officer (CEO) Mr. Suhail Sameer has resigned from his position and assumed the role of strategic advisor beginning on January 7, 2023.

Meanwhile, the company’s chief financial officer (CFO) Mr. Nalin Negi will be the interim CEO while BharatPe searches for Sameer’s replacement.

About Mr Suhail Sameer:

Mr. Sameer served as CEO of the FMCG business at RP-Sanjiv Goenka Group and joined BharatPe in August 2020 as president.

He was the Founding Managing Director of CSEC ventures, where he built out the modern Ayurveda & Healthy Snack Brands.

About Mr. Nalin Negi:

Mr. Negi joined BharatPe in August 2022 as Chief Financial Officer (CFO).

He brings over 28 years of experience and business acumen and the last 15 years of that has been in banking and financial services, having worked at renowned brands like GE Capital and SBI Card.

He has also worked in the past as Co-CEO for the GE SBI credit card venture

18) Answer: A

India's leading stock exchange, the Bombay Stock Exchange (BSE) has appointed Mr. Sundararaman Ramamurthy as the Managing Director and Chief Executive Officer (CEO) of the company for 5 years.

In November 2022 BSE received consent from the regulator Securities and Exchange Board of India (SEBI) to appoint Mr. Ramamurthy as MD and CEO of the exchange.

Ramamurthy will now succeed Ashishkumar Chauhan, former MD, and CEO of BSE.

About Mr Sundararaman Ramamurthy:

Mr. Sundararaman Ramamurthy has more than 20 years of experience at the National Stock Exchange of India Limited (NSE), and as a senior member of the NSE team.

Before joining NSE in 1995, Ramamurthy also worked at the Industrial Development Bank of India (IDBI).

He served as the MD and Chief Operating Officer of Bank of America’s Indian arm (BANA)

19) Answer: E

Bengaluru Space sector start-up Digantara launched its second satellite Pushan-Alpha as a rideshare onboard SpaceX’s Falcon 9 rocket, carrying the Transporter-6 mission to the low earth orbit (LEO) from Cape Canaveral in Florida, United States (US).

Key Highlights:

The Pushan-Alpha mission is named after the Hindu solar deity considered the god of journeys and protector of travellers.

The mission observations will help complement Digantara’s ROBI (ROBust Integrating proton fluence meter) mission.

It is the world’s first commercial space-based space weather monitoring system onboard Indian Space Research Organisation’s (ISRO’s) PSLV-C53 launched on June 30, 2021.

Transporter-6 was SpaceX’s 6th dedicated smallest rideshare mission carrying 114 payloads.

20) Answer: B

Former Indian football player Shyamal Ghosh passed away at the age of 71 in Kolkata, West Bengal (WB).

About Shyamal Ghosh:

Ghosh made his international debut in the Merdeka Cup against Thailand in 1974 and was part of the Indian team in the 1974 Asian Games.

At the domestic level, he represented both East Bengal and Mohun Bagan, winning several trophies, including Kolkata League, IFA Shield, Durand Cup, and Rovers Cup

He also found success in the Santosh Trophy, representing Bengal 5 times, and winning the title thrice - 1975, 1976, and 1977.

Awards & Honors:

Ghosh was conferred with the Lifetime Achievement Award by East Bengal Club in 2016.