Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 12th 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) The ‘Nation First Transit Card’ is powered by RuPay and the ‘National Common Mobility Card’ (NCMC). Which committee recommended the NCMC?

(a) Narshiman

(b) Verma

(c) Nandan Nilekani

(d) Khan

(e) Pillai

2) The Bank of Baroda has implemented a Unified Payment Interface (UPI) ATM facility at more than 6,000 automated teller machines across the country. What is the maximum daily limit per transaction?

(a) Rs. 25000

(b) Rs. 20000

(c) Rs. 10000

(d) Rs. 15000

(e) Rs. 5000

3) Which bank had unveiled its credit card campaign titled 'Open Experiences.'?

(a) Axis

(b) HDFC

(c) KVB

(d) DBS

(e) ICICI

4) ADB has published a report titled “Global Trade Finance gap increased to what percentage from 2022?”

(a) 45%

(b) 47%

(c) 49%

(d) 43%

(e) 41%

5) HDFC Bank partners with fintech company ShopSe to provide complete digital consumer loan facility - ‘CardlessEasyEMI’.In how many minutes can a purchase be converted into an EMI option?

(a) 3

(b) 1

(c) 5

(d) 10

(e) 15

6) In which state Union bank of India introduces two unique debit cards specially designed for HNIs and women?

(a) Madhya Pradesh

(b) Maharashtra

(c) Gujarat

(d) New Delhi

(e) Ladakh

7) Axis Bank intends to implement an electronic system for the transmission and receipt of  BCC by auditors. What is the first “C” represent in a BCC?

(a) Certificate

(b) Confirmation

(c) Computerized

(d) Changes

(e) Connectivity

8) The Ministry of Tourism has announced the launch of a nationwide selection process for the promotion of “Tourism for Tomorrow”. When is the World Tourism Day celebrated?

(a) 15^th September

(b) 20^th September

(c) 27^th September

(d) 19^th September

(e) 9^th September

9) Mithun is a semi-domestic cattle breed that has recently been approved by the FSSAI. Which state is not a part of the traditional culture of the tribe of Mithun?

(a) Arunachal Pradesh

(b) Nagaland

(c) Mizoram

(d) Tripura

(e) Manipur

10) The Union government has released draft guidelines to curb “dark patterns” used by online platforms. These document specifies how many types of dark patterns?

(a) 5

(b) 6

(c) 8

(d) 10

(e) 12

11) Around 56 percent of all new internet users in India by 2025 will come from rural areas, according to CIBIL's TransUnion report. What is the current percentage of digital payments users in rural India?

(a) 30%

(b) 36%

(c) 32%

(d) 34%

(e) 38%

12) When was the Prevention of money laundering rules enacted?

(a) 2000

(b) 1999

(c) 2002

(d) 2005

(e) 2008

13) How many total GI tags has Salem district in Tamil Nadu earned?

(a) 5

(b) 4

(c) 3

(d) 2

(e) 6

14) Djokovic defeated Medvedev to become the 24th player to win a Grand Slam singles title at the US Open. Which nation does Medvedev belong to?

(a) Canada

(b) France

(c) China

(d) USA

(e) Russia

15) Where did the Women's US Open Singles take place in?

(a) Florida

(b) New York

(c) Los angles

(d) Seattle

(e) Austin

16) Verstappen makes F1 history at Monza with 10th consecutive Grand Prix victory. He made F1 history in which Grand Prix?

(a) Bahrain Grand Prix

(b) Italian Grand Prix

(c) Australian Grand Prix

(d) Spanish Grand Prix

(e) Monaco Grand Prix

17) Bharat 6G Alliance (B6G) and Next G Alliance have signed a Memorandum of Understanding (MoU) to work together on 6G wireless technology. Who's the chairman of B6G Alliance?

(a) K. G. Subramaniam

(b) N. G. Subramaniam

(c) L.G. Saravana Kumar

(d) I. G. Subramaniam

(e) N.K. Kandasamy

18) The 12th edition of the Shanti Swaroop Bhatnagar awards was dedicated to 12 outstanding scientists under how many categories the awards can be represented in 2022?

(a) 5

(b) 7

(c) 9

(d) 11

(e) 13

19) Mahavir Lunawat was appointed as Chairman of the Association of Investment Bankers of India (AIBI). In which year the AIBI changed its name from AMBI?

(a) 2011

(b) 2010

(c) 2015

(d) 2009

(e) 2006

20) Union Home Minister chaired the 26th Western Zonal Council meeting held in Gandhinagar, Gujarat. Who initially proposed the zonal council in 1956?

(a) Gandhi ji

(b) Nehru ji

(c) Indira Gandhi

(d) B.R. Ambedkar

(e) Nethaji Subash Chandra Bose

Answers :

1) Answer: C

NCMC was recommended by the NandanNilekani Committee, which was formed by the Reserve Bank of India (RBI). To simplify digital ticket fare payments across multiple modes of transportation, including metros, buses, water ferries, parking facilities, and more, all within a single card. Beyond transportation, the 'Nation First Transit Card' can also be utilized for retail and e-commerce transactions, providing users with a convenient and versatile payment solution. The 'Nation First Transit Card' is powered by RuPayand National Common Mobility Card (NCMC) technology, making it a potential game-changer for millions of Indians in their daily commute.

2) Answer: C

Bank of Baroda (BoB) has enabled the Unified Payments Interface (UPI)-Automated Teller Machine (ATM) facility at its ATMs nationwide, this new facility will allow customers to withdraw cash from ATMs without the need for a debit or credit card. Customers can withdraw up to Rs. 10,000 per transaction, and this amount is subject to the daily UPI limit and limits set by the issuer bank for UPI-ATM transactions. BoB is recognized as the first Public Sector Bank to launch UPI ATMs in collaboration with the National Payments Corporation of India (NPCI) and powered by NCR Corporation.

3) Answer: A

Axis Bank, a prominent private sector bank in India, has unveiled its credit card campaign titled 'Open Experiences.' This campaign recognizes a notable shift in the concept of 'experience' in contemporary times. It acknowledges that today's consumers are looking for more than just materialistic gains and are seeking meaningful experiences. Open Experiences' aligns with Axis Bank's core ethos of going beyond conventional banking services to offer experiences that resonate deeply with the aspirations of the modern consumer. The campaign introduces a range of tailored credit card offerings designed to deliver exceptional benefits and unique experiences to cardholders. Developed by Lowe Lintas, the campaign employs a multi-channel strategy with television as the primary medium for communication.

4) Answer: B

The trade finance gap increased by 47% from the previous year when it stood at $1.7 trillion. The Asian Development Bank (ADB) released its 2023 Trade Finance Gaps, Growth, and Jobs Survey, revealing that the global trade finance gap expanded to an unprecedented $2.5 trillion in 2022, compared to $1.7 trillion two years earlier. This gap represents the disparity between financing requests to facilitate international trade and the actual approvals granted.

5) Answer: C

HDFC Bank has partnered with a fintech ShopSeto offer end-to-end digital consumer loans - 'CardlessEasyEMI'.The 'CardlessEasyEMI' program streamlines the consumer loan process, eliminating the need for physical documents or extensive assistance. Customers can easily convert their purchases into Equated Monthly Installments (EMIs) by scanning a QR code at participating ShopSe or bank merchant locations. This integration with various brands and merchants ensures that customers can access credit swiftly, typically within 5 minutes.

6) Answer: B

Union Bank of India (UBI) has introduced two new debit card variants - a Metal Card tailored for Ultra High Net Worth Individuals (HNIs) and another card with specialized benefits aimed at women. Both of these newly introduced debit cards are issued on the RuPay network, a domestic payment network in India. The launch of these two debit cards took place at the Global Fintech Fest in Mumbai, Maharashtra with the participation of Union Bank of India's MD & CEO, A. Manimekhalai, and Praveena Rai, Chief Operating Officer of NPCI (National Payments Corporation of India).

7) Answer: B

Axis Bank, a leading private sector bank in India, has forged a strategic alliance with Confirmation, recognized as the world's foremost electronic audit balance confirmation platform. Through this partnership, Axis Bank will adopt electronic methods for sending and receiving auditors'Balance Confirmation Certificates (BCC). This shift eliminates the need for paper-based processes. Axis Bank's integration with Confirmation connects it to a vast global network encompassing more than 4,200 banks and departments along with over 16,000 audit firms spanning 170 countries.

8) Answer: C

The Ministry of Tourism will launch a national competition on ‘Tourism for Tomorrow’ to identify best practices and case studies aligned with five priorities of the G20 Goa roadmap. The competition will be launched on World Tourism Day on the 27th of September. The New Delhi Leaders Declaration which was adopted during the G20 Summit underlined the significance of the 'Goa Roadmap for Tourism as a vehicle for achieving Sustainable Development Goals.

9) Answer: D

The Food Safety and Standards Authority of India (FSSAI) has recently recognisedMithun, a semi domesticated bovine animal as a food animal paving the way for the promotion of its consumption and commercial rearing on the hills of Northeast. Mithun has been included in the Domestic Animal Diversity Information System (DADIS) database. Found in altitudes ranging between 300 to 3,000 meters, mithuns have traditionally been part of the culture of various tribes in Arunachal Pradesh, Nagaland, Manipur and Mizoram.

10) Answer: D

The document specifies 10 types of dark patterns. False urgency means falsely stating or implying a sense of urgency. Basket sneaking means the inclusion of additional items at the time of checkout without the consent of the user. Confirm shaming means using a phrase, video, audio or any other means to create a sense of fear, shame or ridicule or guilt in the mind of the user .Forced action means forcing a user into taking an action that would require the user to buy additional goods.The term “dark patterns” was coined in 2010 by Harry Brignull, a user experience specialist.

11) Answer: B

Around 56 per cent of total new internet users will be from rural India by 2025, according to a report by TransUnion CIBIL, which said that currently, 36% of digital paymentusers hail from rural parts of the country. The growing adoption is being driven by the fact that 52% of the country’s population is under 40 years of age, higher than the global average of 46%. The report, prepared with insights from the National Payments Corporation of India (NPCI) and the Fintech Convergence Council (FCC), focuses on the transformative effects of the digitalisation of credit and payments on evolving consumer behaviors.

12) Answer: D

The Union government has further tightened rules for the ultimate beneficiary and fine tuned the definition of reporting entity under the Prevention of Money Laundering Act (PMLA). The Finance Ministry has notified changes in the Prevention of Money Laundering (Maintenance of Records) Rules, 2005. Accordingly, a person having ownership of more than 10% of the capital or profits of a partnership will be brought within the ambit of the sub rule 3 as a ‘beneficial owner’.

13) Answer: C

Salem district in Tamil Nadu is recognized as the primary centre for sago production in India, initially on a cottage scale basis. Sago is derived from the wet starch powder extracted from tapioca roots. Sago is typically found in the form of small, hard globules or pearls, characterised by a pearl-white colour. The dry powder obtained from tapioca serves as a fundamental raw material for various industrial applications. Salem district in Tamil Nadu has previously earned GI tags for raw silk and Malgoa mango,and now Sago adding to the region's recognition for its unique products.

14) Answer: E

In US Open Tennis, Novak Djokovic created history winning the 24th Grand Slam title. Serbian star Djokovic defeated Daniil Medvedev of Russia 63, 76, 63 to win the US Open 2023 Men's Singles final at the Arthur Ashe Stadium,New York City.With this, 36 year old Djokovic equals Margaret Court's record of 24 Grand Slam tennis titles, the most by any player in history. Djokovic, already the oldest French Open singles champion, became the oldest US Open singles champion in the pro era.

15) Answer: B

In US Open tennis, American teenage tennis sensation Coco Gauff secured her maiden Women's Singles title, defeating ArynaSabalenka in the title clash in New York.Gauff produced a gutsy performance on the Arthur Ashe Stadium court to win 26, 63, 62. She is the first American teenager to win the US Open singles title this century and only third overall.

16) Answer: B

Max Verstappen and Red Bull created history at the Italian Grand Prix 2023, as the Dutch sensation secured his 10th consecutive Formula 1 victory. In doing so, Verstappen surpassed Sebastian Vettel's nine consecutive wins from 2009, and Red Bull extended their winning streak to a remarkable 15 races.Verstappen has won every race since the Miami Grand Prix on May 7 and is set to join only Juan Manuel Fangio, Michael Schumacher, Sebastian Vettel and Lewis Hamilton as drivers who have won a hat-trick of championships.

17) Answer: B

A Memorandum of Understanding (MoU) to explore collaboration opportunities on 6G wireless technologies in India and other parts of the world was signed between Bharat 6G Alliance and Next G Alliance, an Alliance for Telecommunications Industry Solutions (ATIS) initiative. The MoU was signed by the Bharat 6G Alliance Chair N. G. Subramaniam and the President and CEO of the ATIS's Next G Alliance Susan Miller. The MoU will facilitate aligning research and development priorities that support a common 6G vision and creating secure and trusted telecommunications as well as resilient supply chains.

18) Answer: B

The country’s top annual science prize, Shanti Swaroop Bhatnagar Awards, wasannounced after a gap of two years. This year 12 scientists will get the awards in seven categories. Dr. N. Kalaiselvi, Director General of CSIR announced the awards for the year 2022 in the presence of Union Minister for Science and Technology Dr Jitendra Singh.Named after Shanti Swarup Bhatnagar, the first director of CSIR, these awards are given in seven scientific disciplines: physics, biology, engineering, mathematics, medicine, chemistry, and earth sciences.The 'One Week One Lab' program started at CSIRNIScPR which will continue till 16 September.

19) Answer: B

Association of Investment Bankers of India (AIBI), the investment bankers’ sole representative body to SEBI and various statutory authorities appointed MahavirLunawat, Managing Director (MD) of Pantomath Capital Advisors as its Chairman for 2 years starting September 2023.Establishment: AIBI was originally incorporated as a Public Limited Company in 1993.In 2010, the organization's name was changed from AMBI to the Association of Investment Bankers of India (AIBI).AIBI is the investment banking industry's only representative to all statutory authorities, particularly SEBI.

20) Answer: B

The meeting was attended by the Chief Ministers of the Western Zone states: Gujarat Chief Minister Bhupendra Patel, Maharashtra CM EknathShinde, Goa CM Pramod Sawant, and Administrator of Dadra & Nagar Haveli and Daman & Diu Praful Patel.During the meeting, a total of 17 issues between the states and the Centre were discussed, 9 of these issues were resolved, while the remaining were kept for monitoring after in-depth discussions.The concept of creating zonal councils was proposed by Prime Minister Jawaharlal Nehru in1956. It aimed to group states proposed for reorganisation into 4 or 5 zones, each with an advisory council to promote cooperative working.