Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 21st & 22nd 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) Which of the following organisation has partnered with JCB International Coto offer RuPay JCB card holders 40% cash back on in-store purchases?

(a) RBI

(b) EXIM

(c) SEBI

(d) NPCI

(e) VISA

2) Which of the following company has partnered with SBI Card & NPCI to launch Next-Generation Co-Branded RuPay Credit Cards?

(a) Google pay

(b) PhonePe

(c) PayU

(d) Mobiwik

(e) Paytm

3) Godrej Agrovet Ltd (GAVL) has partnered with which bank to introduce a first-of-its-kind finance offering for oil palm farmers?

(a) Punjab National Bank

(b) State Bank of India

(c) UCO Bank

(d) Union Bank of India

(e) Bank of Baroda

4) Recently in May 2023, the Insurance Regulatory and Development Authority (IRDAI) relaxed norms for ___________ to expand the insurance market by increasing the availability of such products.

(a) Perpetual bonds

(b) Zero-coupon bonds

(c) Corporate bonds

(d) Surety bonds

(e) Green bonds

5) By when did India plan to expand standard care for hypertension and diabetes to 75 million people?

(a) 2030

(b) 2027

(c) 2025

(d) 2031

(e) 2047

6) India launched "Operation Karuna" to provide humanitarian assistance for people affected by Cyclone in Myanmar. What is the name of the Cyclone that recently affected Myanmar?

(a) Cyclone Basha

(b) Cyclone Mocha

(c) Cyclone Mamnar

(d) Cyclone Kocha

(e) Cyclone Salsa

7) Which state cabinet has given its approval to a proposal of setting up 21 new industrial estates across 13 districts in the state to boost employment generation locally?

(a) Gujarat

(b) Madhya Pradesh

(c) Maharashtra

(d) Rajasthan

(e) Jharkhand

8) Name Himachal Pradesh’s product that has been recently registered with the European Union (EU) as a protected Geographical Indication (GI).

(a) Manali Tea

(b) Kangra Tea

(c) Sindh Tea

(d) Pahadi Tea

(e) Shewat Tea

9) Which of the following company has unveiled Rs 49,000 crore petrochemical and capacity expansion project at Madhya Pradesh’s Bina refinery?

(a) IOC

(b) GAIL

(c) HPCL

(d) ONGC

(e) BPCL

10) Which state government has recently launched a mobile application named "Patch Reporting App" which will help make the roads of the state’s pothole-free?

(a) Uttar Pradesh

(b) Meghalaya

(c) Assam

(d) Uttarakhand

(e) Goa

11) Amazon Web Services (AWS) has announced to invest 12.7 billion dollars in cloud infrastructure in India by__________.

(a) 2030

(b) 2027

(c) 2025

(d) 2031

(e) 2047

12) Taiwanese contract manufacturer Foxconn will invest Rs 4,000 crore in a new electronics manufacturing facility in _____________.

(a) Pune, Maharashtra

(b) Mumbai, Maharashtra

(c) Hyderabad, Telangana

(d) Noida, Uttar Pradesh

(e) Surat, Gujarat

13) As per the United Nations Department of Economic and Social Affairs (UNDESA) report, Indian Economy is expected to grow by ______ in 2023.

(a) 4.7%

(b) 5.8%

(c) 6.3%

(d) 4.0%

(e) 3.9%

14) According to the Federation of Indian Export Organisations (FIEO) report, which country emerged as the third-largest exporting platform in India?

(a) UK

(b) Russia

(c) USA

(d) The Netherlands

(e) UAE

15) An analysis of data from the Geneva-based Internal Displacement Monitoring Centre (IDMC) shows that Internal displacement in India was ______ in 2022.

(a) 3.6 million

(b) 2.5 million

(c) 5.4 million

(d) 6.5 million

(e) 4.2 million

16) According to the Knight Frank report in May 2023, what is the rank of Mumbai in terms of annual price growth of high-end residential properties?

(a) 5^th

(b) 4^th

(c) 8^th

(d) 10^th

(e) 6^th

17) Siddaramaiah has been sworn in as the new chief minister (CM) of Karnataka for the second term. He won from the ____________ constituency in the 2023 elections.

(a) Varuna Assembly

(b) Athani Assembly

(c) Belgaum Uttar Assembly

(d) K. R. Pura Assembly

(e) Hosadurga Assembly

18) Who has been roped into galvanise the Indian team headed to the Special Olympics for people with intellectual disabilities scheduled to be held in Berlin, Germany?

(a) Salman Khan

(b) Ajay Devgn

(c) Shahid Kapoor

(d) Shah Rukh Khan

(e) Ayushmann Khurrana

19) Which IIT has partnered with Google to establish the Centre for Responsible Artificial Intelligence (CeRAI)to ensure ethical and responsible development of AI-based solutions in the real world?

(a) IIT Mandi

(b) IIT Kanpur

(c) IIT Bombay

(d) IIT Delhi

(e) IIT Madras

20) Recently, Ambala Rattan Lal Kataria has passed away at the age of 72. He was a renowned ___________.

(a) Actor

(b) Journalist

(c) Politician

(d) Painter

(e) Cricketer

Answers :

1) Answer: D

Japanese international payment brand, JCB International Co will partner with National Payments Corporation of India (NPCI) to offer RuPay JCB cardholders 40% cashback on in-store purchases in the United Arab Emirates (UAE), Thailand, Malaysia and Spain.

In-store purchases are in-person point-of-sale (PoS) transactions at a merchant location.

RuPay and JCB have announced the third phase of a limited-time cashback campaign for all RuPay JCB debit and credit cardholders.

The offer will be valid from May 15 to August 15, 2023.

The maximum cashback amount per transaction during the promotion period is Rs 3,000 and the total cashback is capped at Rs 15,000 per card.

2) Answer: E

Payments and financial services company Paytm has partnered with SBI Card & National Payments Corporation of India (NPCI) to launch Next-Generation Co-branded RuPay Credit Card named Paytm SBI Card on the RuPay network to further boost credit inclusion in India.

The Paytm and SBI Card partnership, which began in 2020, is now expanding with the addition of NPCI’s RuPay, as all three home-grown brands join forces to further drive the growth of inclusive, digital-first financial services in India.

Key Highlights :

The co-branded credit cards are set to delight consumers with exclusive Paytm First membership worth ₹750, which comes along with numerous exciting offerings.

The Paytm SBI Card comes with 3% cashback on travel, and movie purchases through the Paytm ecosystem.

Cardholders of either variant will be entitled to 2% cashback on all our ecosystem spends and 1% cashback on all other purchases except wallet reloads and fuel expenditures.

They will also receive the added benefit of a 1% fuel surcharge waiver and ₹1,00,000 cyber fraud insurance coverage in the case of ‘Platinum’ cardholders.

3) Answer: B

Godrej Agrovet Ltd (GAVL) has partnered with the State Bank of India (SBI) to introduce a first of its kind finance offering for oil palm farmers.

This collaborative product will provide loans to farmers for various purposes such as setting up micro irrigation systems, establishing protective fencing against cattle grazing, and improving tube wells on their oil palm farms.

Key Highlights :

It was introduced with an objective of aiding oil palm growth by improving Fresh Fruit Bunches (FFB) productivity; it will act as a catalyst to maintain juvenile gardens during the gestation period of the first 5 years.

The financial offering was launched initially for the oil palm farmers of Telangana, GAVL’s farmers from other states such as Tamil Nadu (TN), Odisha, Assam, Manipur and Tripura can now easily avail of loans with the ticket-size of ₹1 lakh to ₹50 crore.

4) Answer: D

The Regulator Insurance Regulatory and Development Authority (IRDAI) has relaxed norms for 'surety bonds', a type of insurance policy protecting parties involved in a transaction or contract from potential financial losses due to a breach of contract or other types of non-performance.

Aim :

To expand the surety insurance market by increasing the availability of such products.

5) Answer: C

The Union Health Ministry will screen and list 75 million people, diagnosed with hypertension and diabetes on standard care by 2025 through primary healthcare centres in the country.

The treatment that is accepted by medical experts for a certain type of disease and that is widely used by healthcare professionals is called standard care.

According to Dr VK Paul, Member (Health), NITI Aayog, this will be the largest expansion of non-communicable diseases (NCDs) in primary health care programme with a “community-based approach”.

The Outcome Budget document of Union Budget 2023-2024 has for the first time introduced hypertension and diabetes treatment as output indicators reflecting reflects the government’s commitment to scale-up hypertension and diabetes coverage services.

6) Answer: B

India launched "Operation Karuna" to provide humanitarian assistance for people in Myanmar, which is affected by Cyclone Mocha, and three ships carrying relief material reached Yangon.

The ships are carrying emergency food items, tents, essential medicines, water pumps, portable generators, clothes, sanitary and hygiene items, etc.

Meanwhile, Indian Naval Ships (INS) Shivalik, Kamorta and Savitri were the first Naval ships to arrive at Yangon with relief material.

India has extended a hand of friendship to the people of Myanmar affected by Cyclone Mocha.

7) Answer: A

The Gujarat cabinet has given its approval to a proposal of setting up 21 new industrial estates across 13 districts in Gujarat, with an aim to boost employment generation locally.

Notably, the Gujarat government in March, 2023 informed the Legislative Assembly that it was planning to establish new industrial estates in the State so that local youth get employment near their native places.

The pre-feasibility study would cover various aspects, such as availability of land to establish estates, demand and supply factors and agricultural production in those areas.

These 21 new estates, to be managed by the Gujarat Industrial Development Corporation (GIDC), will be established in Rajkot, Mehsana, Mahisagar, Bharuch, Banaskantha, Patan, Chhotaudepur, Gir Somnath, Gandhinagar, Kheda, Amreli, Anand and Junagadh districts.

8) Answer: B

Himachal Pradesh’s (HP) Kangra tea, known for quality, unique aroma, and a tinge of fruity flavor, has been registered with the European Union (EU) as a protected Geographical Indication (GI).

The registration was an important tool to recognise the quality, genuineness, and reputation of the product in the European markets, and this would boost the sale of Kangra tea.

The sales would eventually benefit tea growers in Palampur, Baijnath, Kangra, and Dharamshala in Kangra district, Jogindernagar of Mandi district and Bhattiyat area of Chamba district.

The Kangra tea was given GI status in 2005 by the Registrar of Geographical Indicators, Chennai, Tamil Nadu (TN).

The GI status has been given to more than 400 traditional products of the State including Kullu shawl, Chamba Rumal, Kinnaur shawl, Kangra painting, Lahaul woolen socks and gloves etc.

9) Answer: E

State-run Bharat Petroleum Corporation (BPCL) will set up an ethylene cracker (EC) project at Bina in Sagar district, Madhya Pradesh (MP), and expand its refinery capacity with a capital expenditure of around Rs 49,000 crore.

Aim :

To enhance BPCL's presence in the petrochemical segment, renewable energy, and marketing infrastructure.

Key Highlights :

The core component of the expansion project is the ethylene cracker, which will drive the production of essential petrochemicals.

The project also encompasses the establishment of an EC complex and downstream petrochemical plants.

It includes expanding the refining capacity from 7.8 million tonnes per annum (MTPA) to 11 MTPA and associated facilities at Bina refinery.

10) Answer: D

Uttarakhand Chief Minister (CM) Shri Pushkar Singh Dhami launched a mobile application named "Patch Reporting App" which will help make the roads of Uttarakhand pothole-free.

Using the App, mobile phone users can record pictures of potholes and register their complaints with Public Works Department (PWD) authorities seeking their repair by giving details such as its location.

This application allowed any person with the Patch Reporting application to submit a detailed complaint by capturing pictures of potholes on the nearby roads.

The complainants will be given updates about action taken for the redressal of their complaints along with pictures.

11) Answer: A

Amazon Web Services (AWS) has announced to invest 12.7 billion dollars in cloud infrastructure in India by 2030.

It will meet the growing needs of customers of cloud service in India.

The investment will be made in data centre infrastructure in India.

The cloud platform will offer more than 200 services, including storage, robotics, and artificial intelligence.

This investment in data centre infrastructure will support an estimated average of 1,31,700 full-time equivalent (FTE) jobs in Indian businesses each year.

These jobs include construction, facility maintenance, engineering, telecommunications, and others.

Earlier, Amazon Web Services invested Rs 30,900 crore (USD 3.7 billion) between 2016 and 2022 in India.

The total investment of AWS in India will reach to Rs 1,36,500 crore (USD 16.4 billion) by 2030.

This investment will contribute Rs 1,94,700 crore (US D 23.3 billion) to India’s total gross domestic product (GDP) by 2030.

AWS has invested more than Rs 30,900 crore in the AWS Asia Pacific (Mumbai).

It includes both capital and operating expenditures related to the construction, maintaining and operation of data centres in the region.

12) Answer: C

Taiwanese contract manufacturer Foxconn will invest Rs 4,000 crore in a new electronics manufacturing facility in Hyderabad which will lead to the creation of 25,000 jobs and will be spread over an area of 200 acres.

The proposed electronics manufacturing facility, according to a joint statement from the State government and Foxconn, is a promise to continue delivering world-class products to the markets, and a milestone for Foxconn Interconnect Technology’s global expansion strategy.

In the first week of March, there was confusion over whether Foxconn would prefer Karnataka over Hyderabad as Liu also met Karnataka government officials.

However, Foxconn later clarified that they were committed to investing in Telangana.

13) Answer: B

The United Nations Department of Economic and Social Affairs (UNDESA) released a mid-year update of its World Economic Situation and Prospects report.

The report has projected that the Indian Economy is expected to grow by 5.8% in 2023 and 6.7% in 2024.

India will remain the fastest-growing major economy in  the world.

India’s economic growth will be supported by resilient domestic demand.

India’s inflation is expected to decelerate to 5.5 percent in 2023 due to a decrease in global commodity prices and slower currency depreciation.

As per the report, the world economy is projected to grow by 2.3 per cent in 2023 and 2.5 percent in 2024.

The earlier forecast of world economic growth was 1.9 per cent for 2023.

The report highlights that the labour markets in the developed countries have shown remarkable resilience.

14) Answer: D

The Netherlands emerged as the third-largest exporting platform in India.

US and UAE stand at the top 2 in trading various kinds of goods.

India's trade surplus with the Netherlands has also increased from $8 billion in 2021-22 to $13 billion in 2022-23.

The Netherlands has taken over major destinations such as the UK, Hong Kong, Bangladesh and Germany.

India's exports to the Netherlands rose by about 48 per cent to $18.52 billion during 2022-23 as against $12.5 billion in 2021-22.

Federation of Indian Export Organisations (FIEO) Director General Ajay Sahai said the Netherlands has emerged as a hub for Europe with efficient port and connectivity with the EU through road, railways and waterways.

15) Answer: B

An analysis of data from the Geneva-based Internal Displacement Monitoring Centre (IDMC) shows that Internal displacement in India was 2.5 million in 2022.

The average displacement in the country in the last seven years has been over 3 million annually.

This means that as many people currently residing in Bhopal are displaced by natural disasters annually in India.

An internal displacement refers to each new forced movement of persons within the borders of their country recorded during the year because of a disaster.

Natural disasters can include floods, epidemics and weather-related phenomena, which affect people’s ability to continue in their residences.

The number of such displaced people in India has ranged between 1.3-5 million in the last seven years, for which data was collated.

16) Answer: E

According to Knight Frank Mumbai ranks 6th among 46 cities globally in terms of annual price growth of high-end residential properties with an appreciation of 5.5 per cent.

Real estate consultant Knight Frank India in its report 'Prime Global Cities Index Q1 2023' said that Mumbai, Bengaluru and New Delhi have registered an increase in average annual prices in January-March 2023.

Mumbai moved up from the 38th rank in Q1 2022 to the 6th  rank in Q1 2023 based on the annual growth in high-end or prime properties.

Bengaluru and New Delhi also witnessed an upward movement in index ranking to 16th and 22nd ranks from their previous 37th and 39th ranks, respectively.

Dubai clinched the top position globally with an increase of 44.2 per cent in prime residential properties values.

The Prime Global Cities Index is a valuation-based index tracking the movement of prime residential prices across 46 cities worldwide.

The index tracks nominal prices in local currency.

17) Answer: A

Siddaramaiah has been sworn in as the new chief minister (CM) of Karnataka for the second term, along with the Karnataka Congress president D K Shivakumar as the deputy chief minister.

The Congress has decided on a rotational tenure of two-and-a-half years for both the leaders i.e. Siddaramaiah & Shivakumar.

The ceremony was administered by Karnataka governor Thaawarchand Gehlot at Kanteerava Stadium in Bengaluru, Karnataka.

The Congress Legislative Party meeting was held in Bengaluru, Karnataka.

Siddaramaiah was also the Chief Minister (CM) of Karnataka from 2013 to 2018.

He is only the second person to hold that office for a full five-year term.

He won from the Varuna Assembly constituency in the 2023 elections.

18) Answer: E

Bollywood actor Ayushmann Khurrana has been roped in to galvanise the Indian team and cheer for the athletes headed to the Special Olympics for people with intellectual disabilities scheduled to be held in Berlin, Germany from June 16 to June 25, 2023.

For the first time, Germany will throw the famous event in the coming month of June 2023.

Moreover, Ayushmann Khurrana, an all-rounder actor, widely known for his socially uplifting movies, assumed the position of United Nations International Children's Emergency Fund (UNICEF's) National Ambassador in February 2023.

19) Answer: E

The Indian Institute of Technology Madras (IIT Madras) has partnered with United States (US) technology giant Google to establish the Centre for Responsible Artificial Intelligence (CeRAI), an interdisciplinary research centre, to ensure ethical and responsible development of AI-based solutions in the real world.

Google has become the first platinum member of this consortium and has contributed US$ 1 Million to this Centre.

CeRAI aims to become a premier research centre at both the national and international levels, dedicated to fundamental and applied research in Responsible AI.

The centre will prioritise the deployment of AI systems within the Indian ecosystem, emphasising immediate impact.

Key Highlights :

CeRAI's primary objective is to produce high-quality research outputs, including publications in renowned journals and conferences, as well as white papers and patents.

Additionally, CeRAI will develop technical resources, such as curated datasets (both universal and India-specific), software, and toolkits, focusing on the domain of Responsible AI.

20) Answer: C

Former Union Minister and Bharatiya Janata Party (BJP) Member of Parliament (MP) from Ambala Rattan Lal Kataria, passed away at the age of 72 in Chandigarh.

About Rattan Lal Kataria :

Rattan Lal Kataria was born on 19 December 1951, Yamunanagar, Punjab, India.

He served as the Minister of State in the Ministry of Jal Shakti and Ministry of Social Justice and Empowerment till July 7, 2021.

He was elected as the 3 time MP to the Lok Sabha from Ambala in 1999, 2014 and 2019.

He served as the president of the BJP, Haryana unit from 2000 to 2003

He was also a minister in the Haryana government.