Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 06th September 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) What is the percentage share of Unified Payments Interface (UPI) handling retail digital payments in India?

(a) 70%

(b) 75%

(c) 80%

(d) 85%

(e) 90%

2) Which organization proposes to set up a Performance Validation agency for intermediary claim verification?

(a) SIDBI

(b) SEBI

(c) FSSAI

(d) UPI

(e) IRDAI

3) How many central banks governor got 'A+' in global finance central bank report card 2023?

(a) 2

(b) 3

(c) 4

(d) 5

(e) 1

4) Bajaj Auto Consumer Finance is the ____ non-banking financial company in the Bajaj group.

(a) 1

(b) 2

(c) 3

(d) 4

(e) 5

5) Which bank became the first public sector bank in India to facilitate smooth credit flow to MSMEs by including GST invoice in the lending process?

(a) SBI

(b) PNB

(c) BoB

(d) IoB

(e) RBL

6) Which country and Singapore did the first Live Paperless transaction take place using Trade Trust?

(a) Denmark

(b) China

(c) India

(d) Japan

(e) Russia

7) The CCI has imposed a fine of Rs 40 Lakh to NTPC Limited with a time limit of how many days?

(a) 25

(b) 50

(c) 45

(d) 60

(e) 90

8) How many social security scheme can you enrol for with your Aadhaar card through State Bank of India's (SBI's) new feature?

(a) 3

(b) 4

(c) 5

(d) 2

(e) 6

9) PAL will be integrated into the DIKSHA by the national e-governance division (NeGD). DIKSHA was established in which year?

(a) 2015

(b) 2017

(c) 2019

(d) 2014

(e) 2016

10) National Center for the Education Research and Technological Development (NCERT) __________ Foundation Day Celebration Program

(a) 62nd

(b) 63rd

(c) 64th

(d) 65th

(e) 61st

11) Narendra Modi will be on a two-day visit to Indonesia to attend the ____ ASEAN-India Summit.

(a) 15th

(b) 20th

(c) 18th

(d) 16th

(e) 12th

12) Kerala Chief Minister (CM) Shri PinarayiVijayan has launched the statewide membership card of Kerala Startup Mission (KSUM) ‘LEAP'. Expand "A" in LEAP.

(a) Ability

(b) Accelerate

(c) Achievement

(d) Accurate

(e) Accent

13) Amazon has pledged $15 million to support nature-based solutions across the APAC region. The fund will invest an initial amount of how much million (in US dollars) in projects in India?

(a) $ 4 million

(b) $ 5 million

(c) $ 3 Million

(d) $ 6 million

(e) $ 8 million

14) Pine Labs launches Mini, a more affordable version of its PoS device that will let merchants accept both Quick Response (QR) and Card based payments. Where is Pine Labs HQ located?

(a) Uttar Pradesh

(b) Madhya Pradesh

(c) Himachal Pradesh

(d) West Bengal

(e) Gujarat

15) How many banks have signed MoU with IREDA?

(a) 2

(b) 3

(c) 4

(d) 1

(e) 5

16) Rajesh Nambiar, Managing Director and Chief Executive Officer of which leading technology company, has been appointed as the Chairperson of Nasscom?

(a) CTS

(b) TCS

(c) WIpro

(d) HCL

(e) IBM

17) Grene Robotics, a Hyderabad-based manufacturer of weapons platforms, has launched a demonstration of its Indrajaal weapons platform, revealing the complexity of how many layers?

(a) 7

(b) 8

(c) 10

(d) 15

(e) 12

18) Climate Football Cup 2027, the inaugural professional football competition in the Ladakh region of the Union Territory, will be held over a period of how many days?

(a) 5

(b) 4

(c) 12

(d) 7

(e) 10

19) Vakkom, Kerala Congress leader and former Speaker, has passed away. He has served as a member of the AICC for how many years?

(a) 30

(b) 25

(c) 35

(d) 38

(e) 28

20) Where is the NASSCOM headquarter?

(a) Uttar Pradesh

(b) Madhya Pradesh

(c) Himachal Pradesh

(d) West Bengal

(e) Gujarat

Answers :

1) Answer: B

Under this facility, payments through a pre-sanctioned credit line issued by a Scheduled Commercial Bank to individuals, with prior consent of the individual customer, are enabled for transactions using the UPI System.Banks can establish terms and conditions for the use of these credit lines, including aspects such as credit limits, credit duration, interest rates, and more.At present, UPI handles 75% of the retail digital payments volume in India.Presently, UPI transactions are enabled between deposit accounts at banks, sometimes intermediated by pre-paid instruments including wallets. It is now proposed to expand the scope of UPI by enabling transfer to/from pre-sanctioned credit lines at banks, in addition to deposit accounts.UPI achieved a significant milestone by surpassing 10 billion transactions in the month of August, 2023.

2) Answer: B

Capital markets regulator Securities and Exchange Board of India (SEBI) came out with a proposal to set up a Performance Validation Agency (PVA) to validate any claims of performance by registered intermediaries including investment advisers, research analysts and portfolio managers.The primary purpose of the PVA would be to facilitate intermediaries in marketing their products based on validated performance data.The proposed PVA would enable intermediaries such as investment advisers, research analysts, and portfolio managers to showcase validated performance data to investors.This validation is intended to enhance the credibility of intermediaries and expand the reach of their services.

3) Answer: B

Reserve Bank of India (RBI) Governor Shaktikanta Das has been awarded an 'A+' rating in the Global Finance Central Bank Report Card 2023.According to Global Finance, Das has been ranked at the top position in the list of 3 central bank governors worldwide.The A+ category in the report also includes 2 other central bank governors: Thomas J. Jordan of Switzerland and Nguyen Thi Hong of Vietnam.The Central Banker Report Card is an annual publication by Global Finance, and it has been assessing and grading the performance of central bank governors since 1994.

4) Answer: B

Bajaj Auto Consumer Finance Limited (BACFL), a wholly-owned subsidiary of Bajaj Auto has received a certificate of registration from Reserve Bank of India (RBI) to carry out operations as a non-deposit taking non-banking financial company (NBFC).The certification Registration was issued on 31 August 2023 from RBI under section 45-IA of the Reserve Bank of India Act, 1934 to commence/carry on the business of non banking financial institutions without accepting public deposits.In 2021, Bajaj Auto announced the setting up of a 100% captive finance subsidiary ‘Bajaj Auto Consumer Finance’.

5) Answer: B

State-owned Punjab National Bank (PNB) has launched the PNB GST Sahay App, a mobile application based on the Goods and Services Tax (GST) Sahay scheme, an end–to-end digital product under which lending can be done using GST invoices.With this integration, PNB has become the 1st public sector bank to enable seamless credit flow to Micro, Small, and Medium Enterprises (MSMEs) by integrating GST invoices into the lending process.The initiative is also in line with the bank's strategy to further the development of the MSME sector and digital credit ecosystem in India.

6) Answer: C

India and Singapore piloted the first live paperless transaction using the Trade Trust platform, marking a milestone in the digital connection between India and Singapore.The transaction occurred following the India-Singapore Ministerial Roundtable and a meeting with Prime Minister Narendra Modi.In 2022, a Joint India-Singapore Ministerial delegation called upon Prime Minister Narendra Modi and briefed him about the outcomes of the inaugural session of the India-Singapore Ministerial Roundtable (ISMR).This was the maiden meeting of the ISMR, a new ministerial platform between the two countries to boost economic cooperation. The ISMR seeks to deepen existing cooperation and identify opportunities for mutually beneficial collaboration in new and emerging areas.

7) Answer: D

The Competition Commission of India (CCI) has imposed a penalty of Rs 40 lakh on NTPC Limited for the offence of gun jumping.Gun jumping occurs when parties involved in a combination fail to notify CCI before consummating the transaction.The penalty was imposed because NTPC had acquired a 35.47% stake in Ratnagiri Gas & Power without prior notification to CCI.CCI has granted NTPC a 60-day period to pay the imposed penalty.CCI has determined that NTPC is liable for the penalty under Section 43A of the Competition Act.

8) Answer: A

State Bank of India (SBI) has introduced a new feature that allows customers to enrol in social security schemes by providing their Aadhaar card.SBI Chairman Dinesh Khara unveiled the new feature which will be available at the bank’s Customer Service Points (CSPs) that aims to make the process of enrolling in various social security schemes simpler.Customers can now easily enrol in important social security schemes such as Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), and Atal Pension Yojana (APY) using their Aadhaar.Customers will not need to carry their passbooks to the Customer Service Points (CSPs).

9) Answer: B

The National eGovernance Division (NeGD) will integrate Personalised Adaptive Learning (PAL) into the Digital Infrastructure for Knowledge Sharing (DIKSHA) platform.Under the Personalised Adaptive Learning, each student will have an individualised learning experience.It was launched on 5th September 2017.DIKSHA under the Ministry of Education provides e-content for schools through an online portal and a mobile application.The DIKSHA platform has embedded assistive technologies for learners with visual or hearing impairments.It has digitalized NCERT textbooks which are used in national and State Boards.This platform has teaching videos, explainers, and practice questions contributed by many academicians.

10) Answer: B

The government has granteddeemed university status to the National Council of Educational Research and Training (NCERT).This announcement was made by Education Minister Dharmendra Pradhan while attending the 63rd Foundation Day Celebration Programme of NCERT in New Delhi.Education Minister also announced that BalBhavan will be merged with NCERT soon.Bal Bhavan is an autonomous institute headquartered in New Delhi. Prime Minister, Jawaharlal Nehru founded it in 1956.Education Minister Dharmendra Pradhan inaugurated an Augmented Reality (AR) and Virtual Reality (VR) Laboratory.Through AR and VR facility, children from every corner of the country with different dialects will be benefited.

11) Answer: B

Prime Minister Narendra Modi will be on a two-day visit to Indonesia to attend the 20th ASEAN-India Summit and 18th East Asia Summit.The two Summits will be hosted in Jakarta by Indonesia the current Chair of ASEAN.Briefing media in New Delhi, Secretary (East) in Ministry of External Affairs Saurabh Kumar said, the 20th ASEAN-India Summit is specialsince it is the first one after the elevation of India-ASEAN relationship to a comprehensive strategic partnership last year. During the Summit, the Prime Minister will review the progress in ASEAN-India relations and provide them with further direction.

12) Answer: B

Kerala Chief Minister (CM) Shri PinarayiVijayan has launched the statewide membership card of Kerala Startup Mission (KSUM) ‘LEAP (Launch,Empower,Accelerate, Prosper) Coworks’ and also inaugurated the refurbished headquarters of KSUM in Thejaswini Building, Technopark Phase 1, Thiruvananthapuram, Kerala.This membership card is part of the government's initiatives to support startups and promote innovation.Besides that, he also inaugurated the first phase of the country's first Digital Science Park.

13) Answer: C

Amazon has announced a $15-million allocation for nature-based solutions in the Asia-Pacific (APAC) region. The fund will invest an initial $3 million into projects in India, beginning with a first project in the Western Ghats to plant 300,000 trees. The allocation draws from Amazon’s $100-million Right Now Climate Fund, created in 2019 to support nature conservation and restoration projects that enhance climate resilience and biodiversity while driving social and environmental benefits in communities where they operate.The first $ 3 million from the fund’s APAC allocation will support nature-based projects in India.

14) Answer: A

Digital payments provider Pine Labs has launched Mini, a cheaper variant of its point-of-sale (PoS) device, which will allow merchants to accept both quick response (QR)-based and card-based payments.The device is near field communication (NFC)- enabled and can accept card payments only through the tap-to-pay mode.Other consumer payment providers such as PhonePe have also launched similar merchant payment-acceptance devices, while Google Pay is running a pilot in the space.Pine Labs said its Mini device is available at nearly a third of the cost of a regular PoS terminal and is targeted at small merchants.Founded: 1998Headquarters: Noida, Uttar Pradesh, India

15) Answer: A

Indian Renewable Energy Development Agency Ltd. (IREDA) has signed Memorandums of Understanding (MoUs) with the Union Bank of India (UBI) and Bank of Baroda (BoB).These agreements will empower IREDA to collaborate with UBI and BoB, in co-lending and loan syndication for a wide range of renewable energy projects, including both established and emerging RE technologies.

16) Answer: A

Rajesh Nambiar, Chairman and Managing Director (CMD) of Cognizant India, has been appointed as the Chairperson of the National Association of Software and Services Companies (Nasscom).Rajesh Nambiar succeeds AnantMaheshwari, the former President of Microsoft India.Nambiar has previously served as the vice-chairperson of Nasscom.Nambiar along with President Debjani Ghosh, will continue to work with the Nasscom Executive Council, industry, and the government in strengthening India’s position as a global technology hub while navigating the current volatile macro environment.

17) Answer: E

Hyderabad-based companyGrene Robotics has initiated the demonstration of its weapons platform 'Indrajaal,'the world's only autonomous wide area anti-drone, Counter-Unmanned Aircraft System (C-UAS), in Hyderabad.The demonstration of Indrajaal is a significant milestone in Indian defense technology. This anti-drone system is capable of safeguarding against various drone classifications, including micro, mini, small, large, and extra-large drones, enhancing security measures for the future.Indrajaal’s design principle leverages a Lego block-like combination mechanism of 12 unique layers of technology powered by artificial intelligence for the first time in the world.

18) Answer: D

Climate Football Cup 2023, the first-ever professional football tournament in the Union Territory of Ladakh, began.The seven-day event will be held at the Open Astroturf Stadium in Spithuk, Leh. Four teams are participating in the competition.These are - Delhi Football Club, Tibetan National Football Association, Ladakh Professional Football Club and Ladakh State Team.Open Stadium is the state-of-the-art sports facility of Ladakh.This stadium is built at an altitude of 11 thousand feet above sea level.It has been fitted with artificial grass which can withstand extreme weather conditions.

19) Answer: C

VakkomPurushothaman was born on 12 April 1928 in Vakkom near Trivandrum, Kerala.He has been a member of the All India Congress Committee for over 35 years.He was elected to the Kerala Assembly 5 times from Attingal Assembly constituency and became a minister thrice from 1971-1977, 1980-1981, 2004-2006. He was the longest-served Speaker of the Kerala assembly, from 1982 to 1984 and again from 2001 to 2004.He was also elected twice to the Lok Sabha from Alappuzha constituency and served from 1984 to 1991 & 1989-1991.Purushothaman served as the 6th Lieutenant Governor of the Andaman and Nicobar Islands from 1993 to 1996, the Governor of Mizoram from 2011 to 2014 and Governor of Tripura for two months in 2014.

20) Answer: A

About NASSCOM

• Founded : 1988

• Headquarters: Noida, Uttar Pradesh
• President : Debjani Ghosh
• The Nasscom is an Indian non-governmental trade association and advocacy group that primarily serves the Indian technology industry.