Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 07th & 08th May 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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z1) What is the name of the retail banking programme launched by HDFC Bank for customers in semi-urban and rural geographies?

(a) Samesh

(b) Hitesh

(c) Vishesh

(d) Kisan

(e) Nirmal

2) Which small finance bank has partnered with Max Life Insurance Company Limited to offer life insurance offerings to the bank’s customers?

(a) Suryoday Small Finance Bank

(b) ESAF Small Finance Bank

(c) Equitas Small Finance Bank

(d) Capital Small Finance Bank

(e) Utkarsh Small Finance Bank

3) What is the name of the international collection service offered by Cashfree Payments and YES Bank for exporters?

(a) Global Transfers

(b) Global Collections

(c) International Transfers

(d) Global Payments

(e) International Collections

4) Recently, Which Small Finance Bank has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO)?

(a) Utkarsh Small Finance Bank

(b) ESAF Small Finance Bank

(c) Fincare Small Finance Bank

(d) Capital Small Finance Bank

(e) Suryoday Small Finance Bank

5) Which organization has partnered with the BIS Innovation Hub (BISIH) of the Bank for International Settlements (BIS) to launch the 4th edition of the G20 TechSprint2023 to promote innovative solutions aimed at improving cross-border payments?

(a) IRDAI

(b) NITI Aayog

(c) SEBI

(d) RBI

(e) NPCI

6) Which company has received the National Company Law Tribunal (NCLT) approval for spinning off its wealth management business and listing it as Nuvama Wealth Management Limited (NWML)?

(a) National Insurance Company Limited

(b) Oriental Insurance Company Limited

(c) Life Insurance Corporation

(d) United India Insurance Company

(e) Edelweiss Financial Services Limited

7) Which of the following company has signed a memorandum of understanding with the Republic of Guyana to establish a 200-acre ‘Millets Model Farm’?

(a) Grasim Industries

(b) UPL

(c) Syngenta

(d) Arysta LifeScience

(e) Sun Pharmaceutical Industries

8) According to a lea Report on Optimal Generation Mix for 2029-30, India is projected to have 41 GW of energy storage capacity along with 777GW of total installed power capacity by ______.

(a) 2030

(b) 2027

(c) 2025

(d) 2031

(e) 2047

9) Recently, President Draupadi Murmu inaugurated the ₹230 crore Government Multi-Super Speciality Hospital in ______________.

(a) Indore, Madhya Pradesh

(b) Chennai, Tamil Nadu

(c) Bhubaneswar, Odisha

(d) Mumbai, Maharashtra

(e) Bengaluru, Karnataka

10) The Coal Ministry stated that it will complete ___ first-mile connectivity projects with a capacity of handling 885 million tonnes per annum (mtpa) by 2027.

(a) 53

(b) 46

(c) 67

(d) 72

(e) 44

11) Recently, Bhogapuram Greenfield International Airport was seen in news. Where is the Bhogapuram Greenfield International Airport located?

a) Hyderabad, Telangana

b) Chennai, Tamil Nadu

c) Bengaluru, Karnataka

d) Visakhapatnam, Andhra Pradesh

e) Mumbai, Maharashtra

12) Which state government has approved a monthly incentive of Rs 1,500 as Indira Gandhi Mahila Samman Nidhi to all eligible women of the Spiti Valley?

(a) Manipur

(b) Himachal Pradesh

(c) Tripura

(d) Sikkim

(e) Haryana

13) What is the name of the star sensor launched by ISRO on board its PSLV C-55 rocket?

(a) Star Light Sense

(b) Star Sight Sense

(c) Star Berry Sense

(d) Star Gaze Sense

(e) Starlink Sense

14) Which IIT has signed an agreement with the Indian Army’s Military Engineer Services (MES) to transform Army stations into carbon-neutral campuses?

(a) IIT Mandi

(b) IIT Kanpur

(c) IIT Bombay

(d) IIT Delhi

(e) IIT Madras

15) Who among the following has been elected to the 2023 Badminton World Federation (BWF) Hall of Fame?

(a) Chen Long

(b) Lee Chong Wei

(c) Lin Dan

(d) All of the above

(e) Only B and C

16) Olympic champion javelin thrower Neeraj Chopra has clinched the Doha Diamond League title by throwing ____ meters.

(a) 87.74

(b) 88.67

(c) 90.95

(d) 89.56

(e) 91.46

17) Which of the following company has partnered with the International Chess Federation (FIDE)for franchisee-based chess competition?

(a) TCS

(b) Wipro

(c) Tech Mahindra

(d) JIO

(e) Viacom 18

18) What is the theme for the 2023 World Athletics Day that has been celebrated every year on 7 May?

(a) Excellence in Women's Leadership

(b) Sports for Peace and Development

(c) Training for life

(d) Athletics for All – A New Beginning

(e) Stay active, stay healthy, stay connected

19) Former Olympic medalist Tori Bowie has recently passed away at the age of 32. How many Olympic medals did she win?

(a) 2

(b) 3

(c) 4

(d) 6

(e) 5

20) Every year, World Thalassaemia Day has been celebrated on which of the following day?

(a) 6 May

(b) 7 May

(c) 8 May

(d) 5 May

(e) 4 May

Answers :

1) Answer: C

HDFC Bank launched its retail banking programme ‘Vishesh’ for customers in semi-urban and rural geographies wherein it plans to onboard around 1 lakh new customers.

As a part of this, the bank plans to add more branches and launch customised, tailor-made products and financial solutions for this market segment.

Key Highlights :

This move will help the bank meet some of its Priority Sector Lending (PSL) targets.

2) Answer: D

Capital Small Finance Bank Limited and Max Life Insurance Company Limited entered into a partnership to offer life insurance offerings to Capital SFB’s customers.

Through this tie-up, Max Life and Capital SFB will offer their customers a range of savings, protection, retirement, and group life insurance plans.

Max Life will pave the way for the bank customers across the branches and other partnership channels, to access and avail innovative, flexible and varied life insurance products.

Prior to Max Life, Capital Small Finance Bank has also partnered with ICICI Prudential Life Insurance Limited and HDFC life insurance Limited to provide their life insurance products to its customers.

3) Answer: B

Cashfree Payments and YES Bank have partnered to offer ‘Global Collections’, an international collection service for exporters, who are account holders of YES Bank.

Under this partnership, the bank’s account holders will be able to collect payments in over 30 foreign currencies using the Global Collections service.

The funds so received can then be converted into rupee and settled into their local bank account in India within one business day.

Key Highlights :

The products will also provide clients with dedicated facilities in 4 different currencies, United States dollar (USD), Euro (EUR), pound sterling (GBP), and Canadian Dollar (CAD).

Additionally, it will also enable global collections in over 30 currencies up to the equivalent of USD 10,000 in line with the Reserve Bank of India’s (RBI’s) Online Payment Gateway Service Providers (OPGSP) requirements and guidelines.

4) Answer: C

Fincare Small Finance Bank has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).

The IPO will include capital raised through a fresh issue of shares of up to Rs 625 crore, and offer-for-sale of up to 1.7 crore shares by the promoters and existing shareholders.

The proceeds from the fresh issue will be used to augment its tier-I capital base.

5) Answer: D

Under India’s G20 Presidency, the Reserve Bank of India (RBI) and the BIS Innovation Hub (BISIH) of the Bank for International Settlements (BIS) have jointly launched the 4th edition of the G20 TechSprint,2023 a global technology competition to promote innovative solutions aimed at improving cross-border payments.

The competition is open to developers from around the world for submitting applications from May 04, 2023 to June 04, 2023 and the TechSprint will conclude around August/ September 2023.

RBI and BIS invite global innovators to help develop innovative technology solutions for cross-border payments.

Key Highlights :

The 2023 edition of the TechSprint will focus on 3 problem statements on cross-border payments formulated by RBI and the BISIH-

6) Answer: E

Edelweiss Financial Services Limited (EFSL) has received the National Company Law Tribunal (NCLT) approval for spinning off its wealth management business and listing it as Nuvama Wealth Management Limited (NWML).

In 2020, Pacific Alliance Group (PAG) invested in the Wealth Management business of Edelweiss and the company announced the demerger and subsequent listing of its wealth management business.

In February,2023 shareholders of Edelweiss had approved the proposal.

As per the scheme of the arrangement, NWML will allot 1,05,28,746 equity shares to the shareholders of EFSL (as on the record date) on a proportionate basis as consideration for demerger.

7) Answer: B

UPL, an agrochemical and speciality chemicals company, has signed a memorandum of understanding with the Republic of Guyana to establish a 200-acre ‘Millets Model Farm’.

The company will study various millet varieties to identify those that are suitable for cultivation and consumption in Guyana.

UPL will provide technical expertise and select agriculture inputs, while Guyana will provide land for the local farm operation.

The year 2023 has been designated as the International Year of Millets, and the Indian government is making great efforts to establish India as the global centre for millets.

In New Delhi's Dilli Haat, the Millets Experience Centre (MEC) was recently opened by India's Minister of Agriculture, Narendra Singh Tomar.

8) Answer: A

India is projected to have 41 GW of energy storage capacity along with 777GW of total installed power capacity by 2029-30, according to a leaReport on Optimal Generation Mix for 2029-30, released by Central Electricity Authority, Ministry of Power.

Based on the hourly dispatch studies and the “capacity mix obtained from Long term studies”, the report says that India would need 41.65 GW/208.25 GWh of Battery Energy Storage Systems (BESS) to meet its electricity demand in 2029-30.

These numbers, however, are under the ‘base case scenario’, where the total fossil fuel and non-fossil fuel capacities are assumed to be 276 GW and 500 GW, respectively.

The report has also studied installed capacities and the corresponding BESS requirements under four different scenarios—conservative, higher demand, higher hydro, and higher BESS cost assumptions.

In terms of generation, the report projects a rise of electricity generation from non-fossil fuels (counting in large hydro) from 25 per cent in 2022-23 to 44 per cent by 2030.

9) Answer: B

President Draupadi Murmu will inaugurate the ₹230 crore Government Multi-Super Speciality Hospital in Chennai, Tamil Nadu (TN).

Tamil Nadu (TN) Chief Minister (CM) Shri MK Stalin met the President at Rashtrapati Bhavan in Delhi and extended the invitation to her to inaugurate the hospital at Guindy in the city.

The 1000-bedded hospital has been built at a cost of ₹230 crore in an area of 51,249 square metres, spanning across 7 floors.

On June 3, 2021, he announced that a Multi-Super Specialty hospital will be set up at the premises of the King Institute of Preventive Medicine and Research.

She has given her consent to inaugurate the hospital and to participate in the Centenary Celebration to be held at YMCA Ground, Nandanam on June 5, 2023.

10) Answer: C

The Coal Ministry said that it will complete 67 first-mile connectivity projects with a capacity of handling 885 million tonnes per annum (mtpa) by 2027.

The Ministry of Coal takes up 67 FMC projects (59 – coal India (CIL), 5 - Singareni Collieries Company (SCCL) & 3 – NLC India (NLCIL)) with a capacity to load 885 mtpa.

These projects will be completed by 2027.

In order to eliminate road transportation of coal in mines, the Ministry has developed a plan to improve the mechanised coal transportation and loading system under FMC projects.

The Ministry has set a target to generate 1.3 billion tonne coal in FY25 and 1.5 bt in FY30 to increase India’s energy security and realise AatmaNirbhar Bharat by substituting domestically mined coal for imported coal.

India’s coal production hit a milestone of 892 mt during FY23, which is a Y-o-Y growth of 14.7 per cent.

The power sector continued to be the largest consumer of domestic coal, accounting for the total despatches of 737.9 MT during FY23, an increase of 9.1 per cent Y-o-Y.

11) Answer: D

Andhra Pradesh (AP) Chief Minister (CM) Shri YS Jagan Mohan Reddy laid the foundation stone for Bhogapuram Greenfield International Airport at Bhogapuram, Visakhapatnam, Andhra Pradesh.

The estimated cost of the Bhogapuram Greenfield International Airport is Rs 4,592 crore.

The airport is aimed at providing international air connectivity to people in the north-coastal districts of the State.

Key Highlights :

The airport, which will be developed by the GMR company in a public-private partnership on an area of 2,203 acres around 40 km northeast of the city, will feature two runways capable of handling huge A320 and A380 aircraft.

12) Answer: B

The cabinet of Himachal Pradesh (HP) led by Chief Minister Shri Sukhwinder Sukhu has approved a monthly incentive of Rs 1,500 as Indira Gandhi Mahila Samman Nidhi to all eligible women of the Spiti Valley.

It will be given to all women above 18 years.

It will also be given to Buddhist nuns.

13) Answer: C

The Indian Space Research Organization (ISRO) launched a low-cost star sensor called StarBerrySense on board its Polar Satellite Launch Vehicle (PSLV) C-55 rocket.

The StarBerrySense payload developed by the Indian Institute of Astrophysics (IIA), an autonomous institute of the Department of Science and Technology (DST), was launched on 22 April, 2023.

Star BerrySense’s primary objective :

To image the field of view, identify stars, and calculate the spacecraft’s pointing direction.

Key Highlights :

The StarBerrySense sensor calculates the pointing direction by identifying the stars in its field of view.

The star sensor provides the most accurate information about a spacecraft’s orientation.

StarBerrySense was mounted on ISRO's PSLV Orbital Experimental Module (POEM), which provides a stable platform for our payload to operate from.

POEM is a unique initiative by ISRO that utilises the spent 4th stage of the PSLV as an orbital platform for carrying out scientific experiments.

14) Answer: B

The Indian Institute of Technology (IIT) Kanpur has signed an agreement with the Indian Army’s (IA) Military Engineer Services (MES) Jhansi, Uttar Pradesh (UP) to transform Army stations into carbon-neutral campuses.

The Memorandum of Understanding (MoU) comes in accordance with the Earth Day 2023 and aims to contribute towards India’s vision of achieving net zero emissions by 2070.

The MoU was signed between Col. Akhil Singh Charak, Commander Works Engineer (CWE) & IITK alumnus, and Major Sunny Attri, Garrison Engineer from MES Jhansi, and Prof. A.R. Harish, Dean of R&D, IIT Kanpur.

15) Answer: E

China’s Lin Dan and Malaysia’s Lee Chong Wei have been elected to the 2023 Badminton World Federation (BWF) Hall of Fame.

Lee and Lin, who retired in 2019 and 2020 respectively after glorious careers, will be inducted at a ceremony on May 26 at the Kuala Lumpur Convention Centre in Malaysia.

Chong Wei and Lin Dan had dominated the men’s singles for two decades until their retirements in 2019 and 2020 respectively.

Chong Wei finished with 47 World Tour titles and was ranked world No. 1 for 349 weeks.

Meanwhile, Lin Dan captured two Olympics gold medals and five world titles.

16) Answer: B

Olympic champion javelin thrower Neeraj Chopra started his Diamond League title with a comfortable win in the season-opening leg in Doha.

In September 2022, the 25-year-old Chopra had won the 2022 Diamond League Final trophy in Switzerland.

Chopra hit his straps on his first attempt with a world-leading throw of 88. 67m, the fourth-best effort of his career.

Czech Republic's Vadlejch finished second and Grenada's Peters finished third.

With this victory, Neeraj has also achieved the world lead.

Doha Diamond League is an annual one-day track and field competition held at the Suhaim bin Hamad Stadium in Doha, Qatar.

It is part of the Diamond League, which is the top-level international circuit for the sport.

17) Answer: C

After making its mark as a tech partner in three FIFA World Cups, a racing track event, the Indian Premier League and the International Chess Federation (FIDE) for the 44th Olympiad in Chennai last year, IT services major Tech Mahindra is all set to come up with the world’s first franchisee-based chess competition called Global Chess League(GCL) in association with FIDE. 

The first edition of the league is all set to be held in Dubai between June 21 to July 2.

Both Tech Mahindra and FIDE have entered into a deal to conduct the league as a joint venture for five to eight years.

The league will be held in association with Dubai Sports Council, the league's Host Partner.

The first edition will feature six teams with six players each, including a minimum of two female players and one icon player per team.

The top two teams will qualify for the final on July 2, 2023, and be crowned the World Champion Franchise Team.

18) Answer: D

World Athletics Day is celebrated every year on May 7.

This Day is observed to raise awareness about the Athletics.

The theme for World Athletics Day 2023 is 'Athletics for All – A New Beginning'.

This day was launched to honor the sportsperson who is having the responsibility to pride the nation.

This day was first observed in 1996 and it was launched by International Amateur Athletic Federation (IAAF) President Primo Nebiolo.

The World Athletics Federation and International Amateur Athletic Federation (IAAF) organized sports events in all schools and colleges every year.

19) Answer: B

An American sprinter and long jumper who won 3 Olympic medals and 2 world titles in the sport, Tori Bowie, passed away at the age of 32 in Orlando, Florida, United States of America (USA).

About Tori Bowie :

Tori Bowie was Born on 27 August 1990 in Mississippi, USA.

She began competing in track and field professionally in 2013.

She primarily competed in the long jump, 100 metres, and 200 m.

She also competed on the IAAF (World Athletics, formerly known as the International Amateur Athletic Federation and International Association of Athletics Federations) Diamond League circuit for the first time, long jumping at the Adidas Grand Prix and Hercules meets.

She won 100m silver medal and 200m bronze at the 2016 Rio Olympics.

She claimed 100m bronze and 100m gold at the 2015 and 2017 World Championships in Athletics respectively.

She also earned gold medals as part of U.S. women's 4 × 100 m relays at both the 2016 Olympic Games and 2017 World Championships.

She finished 4th in the long jump at the world championships in Doha in 2019.

The last official competition she participated in was in June 2022.

20) Answer: C

World Thalassaemia day is celebrated every year on May 8.

This day is celebrated to raise awareness about the struggles of patients suffering from genetic disorders and raise awareness about Thalassaemia.

The International Thalassaemia Day 2023 theme is “Be Aware. Share. Care: Strengthening Education to Bridge the Thalassaemia Care Gap.’’

In 1994, Thalassaemia International Federation (TIF) established May 8 as Thalassaemia Day.