Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 18th 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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1) As per the recent (May 2023) report, which of the following company’s underlying commodities West Texas Intermediate (WTI) crude oil and natural gas was launched by the National Stock Exchange of India Limited (NSE India)?

(a) NCDEX

(b) Multi Commodity Exchange

(c) Tokyo Commodity Exchange Inc

(d) Intercontinental Exchange

(e) New York Mercantile Exchange

2) Recently, the Insurance Regulatory and Development Authority of India (IRDAI) has directed all insurers to comply with the provisions outlined for which of the following Act?

(a) Transplantation of Human Organs Act

(b) Surrogacy Act

(c) Medical Termination of Pregnancy Act

(d) Epidemic Disease Act

(e) Mental Healthcare Act

3) Recently in May 2023, India has discussed the modalities for Trade and Economic Partnership Agreement (TEPA) with EFTA states.Which of the following country does not belong to EFTA?

(a) Iceland

(b) Netherlands

(c) Liechtenstein

(d) Norway

(e) Switzerland

4) As per the recent(May 2023) report, the government reduces the windfall levy on domestically produced crude to nil. What is the rate of windfall gain levy before this change?

(a) Rs 3,200 per tonne

(b) Rs 4,100 per tonne

(c) Rs 3,600 per tonne

(d) Rs 4, 300 per tonne

(e) Rs 4,500 per tonne

5) Recently(May 2023), which of the following ministry has launched the mobile app called Meri LiFE (My life) in New Delhi?

(a) Minister of Rural Development

(b) Minister of Skill Development and Entrepreneurship

(c) Minister of Environment, Forest, and Climate Change

(d) Minister of Home Affairs Minister

(e) Minister of Agriculture and Farmers Welfare

6) As per the recent report, from where did the first-ever direct international flight service to Dubai has been started?

(a) Bhubaneswar

(b) Vijayawada

(c) Gurugram

(d) Bhopal

(e) Mumbai

7) As per the recent report, the World Health Organisation (WHO) launched its first-ever comprehensive frame work to reduce _________ disease in women of reproductive age by 2025.

(a) Infertility

(b) Anaemia

(c) Tuberculosis

(d) Diabetics

(e) Breast Cancer

8) As per the recent report, in which of the following state is the ‘E-chits’ application of the Registration and Stamps Department launched?

(a) Kerala

(b) Tamil Nadu

(c) Karnataka

(d) Andhra Pradesh

(e) Madhya Pradesh

9) Which of the following state has recently(May 2023) launched the Himcare scheme for jail inmates by providing Himcare cards to the prisoners at Model Central Jail Kanda?

(a) Bihar

(b) Uttar Pradesh

(c) Uttarakhand

(d) Punjab

(e) Himachal Pradesh

10) When was World AIDS Vaccine Day or HIV Vaccine Awareness Day celebrated every year to raise awareness about the need for vaccines?

(a) May 20

(b) May 14

(c) May 16

(d) May 18

(e) May 10

11) What is the declined rate of the Wholesale Price Index (WPI) in April 2023?

(a) - 0. 96%

(b) - 0.92%

(c) - 0.84%

(d) 1.32%

(e) 0.65%

12) Recently in May 2023,who has received the first Astronomical Society of India Govind Swarup Lifetime Achievement Award from the President of the ASI, Prof. Dipankar Banerjee?

(a) Nirupam Roy

(b) Jayant Vishnu Narlikar

(c) G C Anupama

(d) Eswar Reddy

(e) Sarita Vig

13) What is the rank of the Ministry of Ports, Shipping and Waterways (MoPSW) in the assessment for the December quarter (Q3) of FY23?

(a) Second

(b) Third

(c) First

(d) Fifth

(e) Fourth

14) As per the recent report, who has been appointed as the Chairperson of the Competition Commission of India (CCI)?

(a) Ashok Kumar Gupta

(b) P K Singh

(c) Bhagwant Singh Bishnoi

(d) Ravneet Kaur

(e) Dhanendra Kumar

15) Who has been recently appointed as the Director General of the International Organization for Migration (IOM), the United Nations Migration Agency?

(a) Antonio Vitorino

(b) Amy E. Pope

(c) William Lacy Swing

(d) Brunson McKinley

(e) James L. Carlin

16) Recently (May 2023), which of the following cruise missile was successfully test-fired from the Indian Navy’s front line guided missile destroyer Indian Naval Ship (INS) Mormugao?

(a) Agni-III

(b) Agni-V

(c) Nirbhay

(d) Agni-II

(e) BrahMos

17) As per the recent report, where has the National Aeronautics and Space Administration (NASA)launched its 2nd football-stadium-sized, heavy-lift super pressure balloon (SPB)?

(a) Kodiak Island

(b) Kwajalein

(c) Wallops Island

(d) Wānaka

(e) Vandenberg

18) Which of the following Indian pair won the gold medal in the 10m air pistol mixed team event at the International Shooting Sport Federation (ISSF) World Cup in Baku, Azerbaijan?

(a) Rahi Sarnobat and Divyanesh Singh Panwar

(b) T S Divya and Sarabjot Singh

(c) Nancy and Rhythm Sangwan

(d) Manu Bhaker and Anjum Moudgil

(e) Apurvi Chandela and Aishwarya Pratap Singh Tomar

19) Recently in May 2023, the Nobel Prize holder Robert E. Lucas Jr Passed away at the age of 85 in Chicago, Illinois, United States of America (USA). For which of the following stream, he received the Nobel Prize?

(a) Chemistry

(b) Economics

(c) Physics

(d) Medicine

(e) Literature

20) When was International Museum Day celebrated every year to raise awareness about the museums in society?

(a) May 18

(b) May 10

(c) May 20

(d) May 21

(e) May 8

Answers :

1) Answer: E

The National Stock Exchange of India Limited (NSE India) launched rupee-denominated futures contracts on underlying New York Mercantile Exchange's (NYMEX) West Texas Intermediate (WTI) crude oil and natural gas in its commodity derivatives segment.

This came after the exchange, in March, 2023 received approval from markets regulator Securities and Exchange Board of India (SEBI) to launch these contracts.

2) Answer: B

The Insurance Regulatory and Development Authority of India (IRDAI) has directed all insurers to comply with the provisions outlined in the Surrogacy (Regulation) Act, 2021, and the Assisted Reproductive Technology (ART) Act, 2021.

3) Answer: B

The modalities of engagement for working towards a comprehensive TEPA discussed by India and the EFTA states.

Commerce and Industry Minister Piyush Goyal has discussed the modalities for Trade and Economic Partnership Agreement (TEPA) with representatives of EFTA states.

A free trade agreement between India and EFTA will enhancetwo-way commerce, investment flows, job creation and economic growth.

A free trade agreement between EFTA and India is officially called as TEPA.

Under TEPA, trading partners eliminate or reduce customs duties on highest number of goods traded between them. They also ease norms to promote trade in services and investments.

European Free Trade Association (EFTA) is a four-nation bloc involving Iceland, Liechtenstein, Norway, and Switzerland.

It was founded in January 1960.

4) Answer: B

Centre reduces windfall levy on domestically produced crude to nil.

Windfall gain levy will not be applied to domestically produced crude oil with effect from 16 May 2023.

Before this change, rate of windfall gain levy was Rs4,100 per tonne.

The government may again impose the duty with an increase in demand and consequent rise in prices.

The reduction in windfall gain levy will benefit companies like Oil and Natural Gas Corporation (ONGC).

Windfall gain levy is technically known as Special Additional Excise Duty (SAED).

SAED is not applied to entities whose annual crude oil production is less than 2 million barrels in the previous financial year.

India first imposed a windfall profit tax last July.

The tax rates are reviewed every fortnight on the basis of the average oil prices in the previous two weeks.

The total collection of SAED for FY23 is estimated at ₹25,000 crore.

5) Answer: C

A mobile app called Meri LiFE (My life) has been launched by Environment, Forest, and Climate Change Minister Bhupender Yadav in New Delhi.

The app is inspired by the concept of LiFE envisioned by the Prime Minister at COP 26, which emphasizes on conscious and deliberate use rather than mindless and wasteful consumption.

On October 20, 2022, the Prime Minister launched Mission LIFE (Lifestyle for Environment) at Kevadia, Gujarat.

It focused on bringing about a change in the behavior of each individual through simple actions.

The nodal ministry for implementation of Mission LIFE is the Ministry of Environment, Forest, and Climate Change.

To further catalyze pan-India support and awareness about LiFE, a month-long mass mobilization campaign is currently underway and will culminate on World Environment Day (5 June 2023).

Two dedicated portals for LiFE have been developed by the Ministry, to create a structured reporting format that can track the progress being made on LiFE.

The Mission Life Portal is open access and can be used to download 100+ creatives, videos and knowledge materials.

To upload event reports and capture the progress of the mass mobilisation drive, the Meri LiFE Portal has been developed for ministries and institutions.

6) Answer: A

First-ever direct international flight service from Bhubaneswar to Dubai has been started.

IndiGo’s direct flight service shows the growing importance of Bhubaneswar as a major destination.

The inaugural flight, carrying a delegation of representatives from the Government of Odisha, civil society, and members of the business & sports community and self-help groups reached Dubai International Airport.

The Odisha Dibasa program is scheduled to be held on May 16 and 17, 2023.

The launch of the first international flight from Bhubaneswar to Dubai reduces the flying time from 12 to 4 hours.

7) Answer: B

The World Health Organisation (WHO) launches its first-ever comprehensive framework on reducing anaemia, calling on countries to accelerate action to halve anaemia prevalence in women of reproductive age by 2025.

Anaemia is a serious global public health problem, affecting 571 million women and 269 million young children worldwide.

8) Answer: D

Andhra Pradesh (AP) Revenue Minister Shri Dharmana Prasada Rao launched the ‘E-chits’ application of the Registration and Stamps Department.

All the chit-fund transactions will be done through the mobile app, which was developed by the Registration and Stamps Department, keeping in view the increasing number of fraud cases.

The E-chits application would usher in transparency in the chit-fund business and prevent duping of customers.

9) Answer: E

Himachal Pradesh (HP) Chief minister (CM)Shri  Sukhvinder Singh Sukhu introduced the Himcare scheme for jail inmates by providing Himcare cards to the prisoners at Model Central Jail Kanda in Shimla.

The launch also included the Integrated Sexually transmitted infections (STI), Human Immunodeficiency Virus (HIV),Tuberculosis (TB), Hepatitis (ISHTH) campaign in prisons and other closed settings at Kanda Jail, which will screen and treat inmates across HP.

The integrated campaign, ISHTH, aims to screen and treat 3,218 inmates in 14 jails in the state, and 1,278 inmates of Juvenile Homes, Nari Niketan and Drug Rehabilitation Centres across HP by June 14, 2023.

10) Answer: D

World AIDS Vaccine Day or HIV Vaccine Awareness Day is observed every year on May 18 to raise awareness about the need for vaccines.

The concept of World AIDS Vaccine Day was first introduced in 1997 at Morgan State University by President Bill Clinton.

There is no accurate medicine for AIDS till now, but there is a medical treatment that exists.

There is a treatment to control AIDS called Highly Active Antiretroviral Therapy (HAART).

11) Answer: B

WPI inflation declined to minus 0.92% in April 2023.

It stood at 1.34% in March 2023 and 15.38% in April 2022.

The WPI inflation has declined into negative for the first time since July 2020.

The decline in prices of basic metals, food products, mineral oils, textiles, non-food articles, chemical and chemical products, rubber and plastic products, and paper products has mainly contributed to the decline in inflation in April 2023.

12) Answer: B

Prof. Jayant Vishnu Narlikar received the first Astronomical Society of India Govind Swarup Lifetime Achievement Award.

President of the ASI, Prof. Dipankar Banerjee presented the award to Prof. Jayant Vishnu Narlikar.

The award was announced at the 41st meeting of the ASI held at IIT Indore.

Prof. Narlikar has dedicated his life to the study of the Universe and contributed to understand various aspects of Astrophysics including the Narlikar-Hoyle theory.

13) Answer: A

In the assessment for the December quarter (Q3) of FY23, the Ministry of Ports, Shipping and Waterways (MoPSW) has been ranked second among 66 ministries in the Data Governance Quality Index (DGQI).

Shipping Ministry secured a score of 4.7 out of 5 in data governance.

The assessment has been conducted by the Development Monitoring and Evaluation Office (DMEO), NITI Aayog.

14) Answer: D

The central government has appointed Ravneet Kaur, as the Chairperson of the Competition Commission of India (CCI).

She is the first woman in India to be appointed to this position and will serve for a period of 5 years or until reaching the age of 65.

15) Answer: B

The Member States of the International Organization for Migration (IOM), the United Nations Migration Agency, elected Amy E. Pope as its next Director General during the 6th Special Session of the IOM Council.

She will be the first woman & 11th person to head the IOM.

Pope will assume the duties of Director General for a 5-year term beginning on 1 October 2023.

16) Answer: E

A BrahMos supersonic cruise missile was successfully test-fired from the Indian Navy’s frontline guided missile destroyer Indian Naval Ship (INS) Mormugao.

The ship and her potent weapon, both indigenous, mark another shining symbol of 'AatmaNirbharta' and Indian Navy's firepower at sea.

17) Answer: D

The National Aeronautics and Space Administration’s (NASA’s) Scientific Balloon Program has launched a 2nd football-stadium-sized, heavy-lift super pressure balloon (SPB) from Wānaka Airport, New Zealand, on a technology mission aimed for 100 days or more of flight in the Earth’s upper atmosphere.

18) Answer: B

Indian pair won the gold medal in the 10m air pistol mixed team event at the ongoing International Shooting Sport Federation (ISSF) World Cup in Baku, Azerbaijan.

The Indian pair registered a 16-14 win over Serbian veterans Damir Micek and Zorana Arunovic in the final match.

This was the second ISSF World Cup gold for Sarabjot, who won the individual air pistol in Bhopal in March 2023.

Divya has won the first senior medal at the international level.

19) Answer: B

Nobel Prize-winning American economist Robert E. Lucas Jr Passed away at the age of 85 in Chicago, Illinois, United States of America (USA).

Lucas was born on September 15, 1937, in Yakima, Washington, United States(US).

He was elected to the American Academy of Arts and Sciences in 1980,the National Academy of Sciences in 1981, and the American Philosophical Society in 1997

He received the Nobel Prize in Economics in 1995 "for having developed and applied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy

20) Answer: A

International Museum Day is celebrated every year on May 18 to raise awareness about the museums in society.

The IMD theme for this year (2023) is ‘Museums, Sustainability and Well Being’

International Council Of Museums (ICOM) conducted a general meeting in Moscow, Russia to adopt the day for museums.

After that, the first International Day Of Museums was first established in 1977.

The theme for International Museum Day was first established in 1992.