Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 15th 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.

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1) What is the Marginal Standing Facility (MSF) rate as per the Reserve Bank report in August, 2023?

(a) 6.50

(b) 6.25

(c) 6.75

(d) 6.60

(e) 6.30

2) NPCI launches UPI Chalega ________ campaign to promote safe and easy digital payments.

(a) 1.0

(b) 2.0

(c) 3.0

(d) 4.0

(e) 5.0

3) Indraprastha Institute of Information Technology Delhi (IIITD), has signed a Memorandum of Understanding (MoU) with which bank with an aim to enable enterprise banking?

(a) HDFC

(b) Yes

(c) ICICI

(d) KVB

(e) DBS

4) Helios Capital gets SEBI’s approval to launch a mutual fund business. It will become the ________ entity to enter this most buzzing industry.

(a) 46

(b) 45

(c) 43

(d) 42

(e) 48

5) Indian Banks' Association Forms Sectoral Committee in GIFT City. A GIFT city currently accommodates how many banks?

(a) 24

(b) 25

(c) 26

(d) 23

(e) 22

6) A global summit on Traditional Medicine, organised by the World Health Organization (WHO) and co-hosted by the Ministry of Ayush, is set to take place on August 17-18, 2023, at which state?

(a) New Delhi

(b) Maharashtra

(c) Gujarat

(d) Goa

(e) Kerala

7) Which country stands proudly as the leading employer of Indian expatriates?

(a) USA

(b) UAE

(c) UK

(d) Australia

(e) Germany

8) The Indian government has established Overseas Indian Help Centres. Which of the following city is not in the list?

(a) Dubai

(b) Riyadh

(c) Jeddah

(d) Kuala lumpur

(e) Daka

9) Arunachal government allots how many 'stalled' hydropower projects to three Central PSUs?

(a) 10

(b) 11

(c) 12

(d) 9

(e) 13

10) Reliance Jio completes the work related to connecting which country with High-Speed Optic Fibre cable?

(a) Thailand

(b) Bangkok

(c) Sweden

(d) Maldives

(e) Sudan

11) Pallathuruthy Boat Club lifts the 69th edition of the Nehru Trophy Boat Race. This is the _____-straight win for the Club.

(a) Third

(b) Fourth

(c) Fifth

(d) Second

(e) Sixth

12) How many Police personnel were awarded Police Medals on the occasion of Independence Day, 2023?

(a) 964

(b) 934

(c) 954

(d) 924

(e) 914

13) The spacecraft is expected to be placed in a halo orbit around the Lagrange point - L1 of the Sun-Earth system, which is about how many million kilometres from the Earth?

(a) 1.2

(b) 1.4

(c) 1.5

(d) 1.8

(e) 1.3

14) The Ministry of Youth Affairs and Sports funds 34 Indian Shooters for the ISSF Shooting World Championships 2023 in Baku. How many woman shooters participated?

(a) 14

(b) 15

(c) 17

(d) 19

(e) 20

15) Who conveyed an iconic speech “Tryst with Destiny”?

(a) Gandhi ji

(b) Nehru ji

(c) Tagore ji

(d) Subash Chandra Bose ji

(e) Gopalachari

Answers :

1) Answer: C

Reserve Bank of India (RBI) Governor Shaktikanta Das announced that the Monetary Policy Committee (MPC) unanimously decided to keep the repo rate unchanged at 6.5% for the 3rd time in a row. Marginal standing facility for 6.75%. Real GDP growth for 2023-24 is projected at 6.5% with Q1:2023-24 at 8.0%; Q2 at 6.5%; Q3 at 6.0%; and Q4 at 5.7% & Q1FY25 at 6.6%.The government has mandated the RBI to ensure CPI inflation at 4% with a margin of 2% on either side. To absorb surplus liquidity generated by various factors, including the return of ₹2000 notes to the banking system, RBI has asked banks to maintain an incremental Cash Reserve Ratio (ICRR) of 10% on the increase in their deposits between May 19 and July 28, 2023.

2) Answer: C

National Payments Corporation of India (NPCI) launched the 3rd edition of the Unified Payment Interface (UPI) Safety Awareness Campaign, “UPI Chalega”  with an aim to promote UPI’s brand awareness, amplify understanding of its features, and encourage wider adoption among new users.It also educates users about various features such as UPI LITE, which enables swift low-value transactions; UPI AUTOPAY, which allows secure and convenient recurring payments using any UPI application; and UPI Interoperability, which facilitates seamless money transfers between all UPI-enabled applications. UPI Chalega Campaign 1.0 and 2.0 played a crucial role in expanding UPI’s outreach, educating users about its safety, and enhancing its ease of use for various transactions, making it the preferred payment choice.

3) Answer: B

IIITD Innovation and Incubation Centre (IIITD-IC), a section 8 company promoted by the Indraprastha Institute of Information Technology Delhi (IIITD), has signed a Memorandum of Understanding (MoU) with Yes bank with an aim to enable enterprise banking, personal banking and beyond banking solutions required by the Startups. YES BANK is also one of the first banks in the country to adopt the Credit Guarantee Scheme for Startups (CGSS), which will help these budding entities to scale up and go ahead in their journey of ideas to IPOs.

4) Answer: A

Samir Arora-promoted Helios Capital Management has received final approval from the capital markets regulator Securities and Exchange Board of India (SEBI) to launch a mutual fund (MF) business.Once launched, Helios Mutual Fund will become the 46th entity to enter this most buzzing industry with an asset under management of ₹46-lakh crore. In addition to that, Zerodha Broking Ltd and Old Bridge Capital Management Pvt Ltd are the two entities awaiting SEBI’s final nod for a mutual fund licence.Another 3 entities - Unifi Capital, Alpha Alternatives Fund Advisors and Wizemarkets Analytics are waiting for SEBI approval to enter the MF space.

5) Answer: C

The Indian Banks' Association (IBA) has constituted a sectoral committee for member banks operating within the Gujarat International Finance Tec-City (GIFT City), Gandhinagar, Gujarat. IBA has constituted the Sectoral Committee to address the unique regulatory landscape and challenges faced by banks operating within GIFT City. GIFT City currently accommodates 26 banks. The committee will act as a bridge between the banking industry and regulators, ensuring that concerns and perspectives are effectively communicated and addressed.Earlier, banks individually took up issues faced by them with the International Financial Services Centre Authority (IFSCA). The establishment of the Sectoral Committee is a pivotal step towards streamlining concerns common to all banks within GIFT City.

6) Answer: C

A first-of-its-kind global summit on Traditional Medicine, organised by the World Health Organization (WHO) and co-hosted by the Ministry of Ayush, is set to take place on August 17-18, 2023, at Gandhinagar, Gujarat. The summit will take into account the vast experience and expertise of the country and this highly anticipated event will serve as a platform for experts and practitioners to delve into the latest scientific advancements and evidence-based knowledge in the sector, with the ultimate goal of ensuring health and well-being for all.The esteemed Director-General of WHO, Dr Tedros Adhanom Ghebreyesus, will inaugurate the event in the presence of Minister of Health Shri Mansukh Mandaviya and Minister of Ayush Shri Sarbananda Sonowal.

7) Answer: B

The spirit of India's independence has ignited in Dubai as the city embarks on a series of vibrant events to celebrate the nation's freedom. This year, Dubai has taken the lead in kick-starting the Indian Independence Day festivities, uniting its diverse population and the thriving Indian expatriate community in a grand celebration.The Consulate General of India has partnered with the iconic Burjuman Mall to spearhead these festivities. With an impressive figure of 3.554 million Indians currently contributing to its workforce, the United Arab Emirates stands proudly as the leading employer of Indian expatriates. In a heartwarming display of unity and cultural appreciation, Indian associations across the UAE are orchestrating a range of events to commemorate India's journey towards freedom.

8) Answer: E

The Minister also revealed that in the previous year, the UAE hosted 3.419 million Indians, indicating a steady upward trajectory in overseas employment. This surge has further solidified the UAE's status as a global hub for Indian expatriates, mirroring a trend observed across other Gulf nations as well.Within the Gulf region, the UAE's prominence is complemented by four other nations - Saudi Arabia, Kuwait, Qatar, and Oman - in descending order of Indian workforce numbers. These five nations combined employ 7.932 million Indians, according to MOS’ statements.Recognizing the importance of supporting Indian expatriates, the Indian government has established Overseas Indian Help Centres in strategic locations such as Dubai, Riyadh, Jeddah, and Kuala Lumpur. These centres aim to offer comprehensive guidance and counselling to Indian workers on various matters, ensuring that they seamlessly integrate into their host countries.

9) Answer: C

Arunachal Pradesh Government has allotted the 12 'stalled' hydropower projects to three Central Public Sector Undertakings by signing a Memorandum of Agreements (MoA) with them. The total operational capacity of these 12 projects, withdrawn from the private players, will be to the tune of 11,523 MW. The three CPSUs are National Hydroelectric Power Corporation Limited, Satluj Jal Vidyut Nigam Ltd (SJVN) and North Eastern Electric Power Corporation Limited (NEEPCO).Of the 12 hydroelectric projects, NEEPCO has been allotted five projects, SJVN five and the hydropower giant NHPC Ltd will take up two projects.

10) Answer: D

Indian telecommunications major, Reliance Jio has completed the work related to connecting Maldives with a High-Speed Optic Fibre cable. A ceremony was held in Hulhumale in Maldives to land the Ocean Connect Maldives-India Asia Express (OCM-IAX) Submarine Cable System. The 22.5 million dollar project has been executed in a little over one year since the signing of the agreement in February 2022 with Ocean Connectivity Maldives. The IAX cable system originates in Mumbai and connects Singapore, with branches and landings in India, Malaysia, and Thailand.

11) Answer: B

Veeyapuram Chundan (Snake Boat), rowed by the Pallathuruthy Boat Club lifted the 69th edition of the Nehru Trophy Boat Race held on  Punnamada Lake in Kerala's Alappuzha district.This is the fourth straight win for the Club, which lifted the trophy in 2018, 2019 and 2022. The race was not held in 2020 and 2021 due to Covid 19 pandemic. More than 70 boats participated in the boat race, named after the first Prime Minister of the country.

12) Answer: C

A total of 954 Police personnel have been awarded Police Medals on the occasion of Independence Day, 2023. President’s Police Medal for Gallantry (PPMG) has been awarded to 01 CRPF personnel, Police Medal for Gallantry (PMG) has been awarded to 229, President’s Police Medal for Distinguished Service (PPM) awarded to 82 and Police Medal for Meritorious Service has (PM) has been awarded to 642.Among the majority of the 230 Gallantry Awards, 125 personnel from Left Wing Extremism affected areas, 71 personnel from Jammu & Kashmir region and 11 personnel from North East region are being awarded for their gallant action.

13) Answer: C

The first space-based Indian observatory to study the Sun - Aditya-L1, is getting ready for its launch next month. ISRO said that the satellite, developed at U R Rao Satellite Centre Bengaluru, has arrived at its spaceport in Sriharikota in Andhra Pradesh. The spacecraft is expected to be placed in a halo orbit around the Lagrange point - L1 of the Sun-Earth system, which is about 1.5 million kilometres from the Earth. A satellite placed in the halo orbit around the L1 point has the major advantage of continuously viewing the Sun without any eclipses.

14) Answer: C

Ministry of Youth Affairs and Sports (MYAS) is funding the participation of the Indian contingent for the upcoming ISSF World Championships in Baku, Azerbaijan where a total of 34 Indian shooters, including 17 men and 17 women would be participating.The financial assistance towards participation will cover the funding of 57 member shooting team which includes 34 Shooters, 15 Coaches, and 8 members of Support Staff including the HPD.The team's boarding/Lodging costs, airfare, visa costs and Out of Pocket Allowance (OPA) among other expenditures will be covered under MYAS Annual Callender for Training & Competition (ACTC) Scheme. Out of 34 shooters competing at the event, 24 areTarget Olympic Podium Scheme (TOPS) Athletes and 7 are Khelo India Athletes.

15) Answer: B

Every year, Independence Day in India is observed on the 15th of August, 2023.The theme of the 77th Independence Day 2023 of India is “Nation First, Always First” as a part of ‘Azadi Ka Amrit Mahotsav’. Independence Day marks the day when India got freedom from British rule after a tough battle for independence. During World War I, Mohandas Karamchand Gandhi was the leader of the Indian Independence Movement. On August 14, 1947, Jawaharlal Nehru, the first Prime Minister of India conveyed an iconic speech “Tryst with Destiny”. After this speech at midnight, India officially declared free from British rule and turned into an independent nation on August 15, 1947.