Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 25th 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.

 

Start Quiz

 

1) On World Senior Citizens Day, Punjab National Bank (PNB) had introduced the “Pensioner’s Lounge". When was the World Senior Citizens Day celebrated on every year?

(a) August 22

(b) August 23

(c) August 21

(d) August 25

(e) August 27

2) SBI Life Insurance launched its dedicated 24X7 inbound contact centre. Currently, the capacity of customer care support handling of around how many lakh calls annually?

(a) 12

(b) 15

(c) 14

(d) 13

(e) 11

3) For how many years tenure, IFC invests $100 million in IIFL Home Finance to help boost Economically Weaker Sections and low-income Groups housing?

(a) 5

(b) 3

(c) 4

(d) 6

(e) 10

4) How many membership countries are there in International Finance Corporation (IFC)?

(a) 190

(b) 185

(c) 186

(d) 196

(e) 198

5) Central Vigilance Commission reconstitutes advisory board on bank frauds (ABBF). How many members are there in this ABBF commission (including Chairman)?

(a) 4

(b) 3

(c) 5

(d) 6

(e) 8

6) CAMS finserv on boards 17 Asset Management Companies on account aggregators’ platform.  CAMS finserv is a leading Account Aggregator with how many entities?

(a) 50

(b) 55

(c) 52

(d) 54

(e) 56

7) Axis Bank announces partnership with Cleartrip to give travel benefits to credit card holders. Cleartrip is a subsidiary of which platform?  

(a) Amazon

(b) Flipkart

(c) Alibaba

(d) Reliance

(e) Zomato

8) Recently in August 2023, which bank has launched the 'Video Re-KYC' service to simplify the periodic update of customer identity documents?

(a) BOI

(b) SBI

(c) BoB

(d) IOB

(e) PNB

9) What is the estimated cost of project signed by Ministry of Ports, Shipping and Waterways (MOPSW) with DP World for developing the Next-Gen Container Terminal in Gujarat?

(a) 4253.64 crore

(b) 4355.64 crore

(c) 4243.64 crore

(d) 4844.64 crore

(e) 4283.64 crore

10) In which city, the 26th National Conference on e-Governance to be held?

(a) Gandhinagar

(b) Bhopal

(c) Indore

(d) Patna

(e) Delhi

11) The B20 Summit is based on the theme of B20 India R.A.I.S.E. Expand “A” in RAISE?

(a) Activated

(b) Accelerated

(c) Accolated

(d) Acquired

(e) Associated

12) Which government and The Ministry of Skill Development and Entrepreneurship, Government of India, successfully hosted a roundtable on "Enhancing Health Workforce Training and Skill Pathways"?

(a) Canada

(b) USA

(c) Australia

(d) France

(e) Mexico

13) The visionary Act East policy is empowering Northeast India towards unlocking the full potential of Hydrocarbon Vision by which year?

(a) 2025

(b) 2030

(c) 2035

(d) 2040

(e) 2050

14) Srettha Thavisin of Pheu party has been elected as the 30th Prime Minister of which country?

(a) Italy

(b) Germany

(c) Thailand

(d) Belgium

(e) Spain

15) Axis Bank’s Neelkanth Mishra appointed as part-time chairperson of UIDAI. He is the _____ chairperson of UIDAI

(a) 3rd

(b) 2nd

(c) 4th

(d) 5th

(e) 6th

16) When was the Aadhaar Act enabled?

(a) 2014

(b) 2016

(c) 2015

(d) 2012

(e) 2018

17) At what time, the Vikram lander successfully touched down on the south pole of lunar surface?

(a) 6.03 pm

(b) 6.04 pm

(c) 6.02 pm

(d) 6.05 pm

(e) 6.01 pm

18) Which country became the 1st country to approve a vaccine for pregnant women that prevents severe disease caused by RSV in their babies?

(a) Canada

(b) USA

(c) Australia

(d) France

(e) Mexico

19) World’s most eminent statisticians Calyampudi Radhakrishna Rao Passed away. In which year, he was awarded the International Prize in Statistics?    

(a) 2021

(b) 2020

(c) 2023

(d) 2022

(e) 2019

20) Anurag Singh Thakur has announced that the Khelo India Women’s League will officially be known as the ASMITA Women's League. What is second “A” in ASMITA?

(a) Achieved

(b) Action

(c) Ability

(d) Authority

(e) Aspire

Answers :

1) Answer: C

On World Senior Citizens Day (Aug 21, 2023), Punjab National Bank (PNB), the nation’s leading public sector bank, has introduced the “Pensioner’s Lounge”, a dedicated space within the branch that serves pensioners and senior citizens with all their banking needs. To provide a specialized and comfortable space for pensioners and senior citizens, offering comprehensive banking services.

2) Answer: D

SBI Life, thus, becomes the first private life insurance company in the country to have such extensive customer care support, which aligns with the company's commitment in enriching customer experience and addressing their insurance needs/queries at their convenience. The contact centre is made available to both existing and prospective consumers, 365 days a year. Through 24X7 customer care support, the insurance company aims to redefine seamless accessibility and interaction with trained professionals. The current capacity of customer care support allows the handling of around 13 lakh calls annually. The company also has an Interactive Voice Response System (IVRS), which has 13 self-service options.

3) Answer: D

International Finance Corporation (IFC),a member of the World Bank Group is set to invest up to $100 million in IIFL Home Finance Limited (IIFL HFL), a leading housing finance company, in a move aimed at increasing access to housing finance for economically weaker sections (EWS) and low-income groups (LIG), including women borrowers in India. The funding is structured as non-convertible debentures (NCDs) and amounts to $100 million.It carries a 6-year tenure with a coupon rate of 8.32%.Within this partnership, 50% of the funding is earmarked to support housing finance for women borrowers.The remaining 50% of the funding is dedicated to financing green housing for buyers.

4) Answer: C

About IFC:

• Established : July 20, 1956
• Headquarters : Washington, D.C., United States
• Managing Director : Makhtar Diop
• Membership : 186 countries
• The IFC is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries

5) Answer: C

The Central Vigilance Commission (CVC) has reconstituted the New Delhi headquartered Advisory Board on Banking and Financial Frauds (ABBFF) to address fraudulent activities in the banking and financial sectors. ABBFF carries out the first level examination of bank frauds before recommendations or references are made to investigation by agencies like Central Bureau of Investigation (CBI).Suresh N Patel, former Central Vigilance Commissioner, will be the Chairman of the reconstituted ABBFF. In addition to the Chairman, the ABBFF will also have 4 members, including Ravikant, Rajnikant Mishra, David Rasquinha, and Partha Pratim Sengupta. Term Duration of The term of the Chairman and Members of ABBFF will be for 2 years, effective from August 21, 2023.

6) Answer: D

CAMSfinserv, one of the first RBI-licensed Account Aggregators (AA) in India, has onboarded all 17 Asset Management Companies serviced by CAMS as financial information providers on the AA platform, making it the 1st in the industry to provide access to mutual fund data.An Account Aggregator is a non-banking financial company engaged in the business of providing, under a contract, the service of retrieving or collecting financial information pertaining to its customer.CAMSfinserv is leading Account Aggregator with 54 entities including banks, MFs, insurers, depositories and GSTN live on its platform as Financial Information Providers.

7) Answer: B

Cleartrip, a subsidiary of Flipkart, has joined forces with Axis Bank, a prominent private sector bank in India, to introduce an innovative travel proposition for Axis Bank credit cardholders.To provide a range of travel benefits to both existing and new cardholders who book through Cleartrip.Under this collaboration, customers will receive a range of privileges for domestic flight bookings, including a discount on seat bookings up to Rs 1,200, complimentary meals up to Rs 500, an exemption from convenience fees, and the option to cancel and reschedule flights for Rs 1 under CT FlexMax.

8) Answer: C

Bank of Baroda (BoB), a state-owned bank, has launched the 'Video Re-KYC' service to simplify the periodic update of customer identity documents.This service allows individual resident customers to update their 'Know Your Customer' (KYC) details without needing to visit a physical branch.To avail the Video KYC facility, customers must be Indian residents, above 18 years of age and must have their Aadhaar number and original PAN Card.Video Re-KYC calls will be undertaken during business hours (10:00AM to 6:00PM) on all working days.Customers are verified through video calls, ensuring their identity and KYC documents' accuracy.

9) Answer: C

Deendayal Port Authority (DPA), a leading Major Port on the West Coast of India in Gujarat, is signing a concession agreement for the development, operation and maintenance of a new mega container terminal at Tuna-Tekra, Gujarat (near Kandla) with DP World, a multinational logistics company based in Dubai, United Arab Emirates.  The project involves the construction of a mega-container terminal at Tuna-Tekra near Kandla, at a cost of Rs 4,243.64 crore through Public Private Partnership (PPP) mode. Once complete, the terminal will have the annual capacity to handle 2.19 million container units (TEUs) with the capability to handle next-generation vessels carrying more than 18,000 TEUs.

10) Answer: C

The 26th National Conference on e-Governance began in Indore to deliberate on providing better facilities to the citizens. The conference is being brainstormed on the topic 'Developing India: Empowering Citizens'. The two-day conference is being organized by the Department of Administrative Reforms and Public Grievances and the Ministry of Electronics and Information Technology in collaboration with the Government of Madhya Pradesh.

11) Answer: B

The B20 Summit India 2023 will commence in New Delhi. During the three days Summit, Union Ministers Nirmala Sitharaman, Dharmendra Pradhan, Dr. S Jaishankar, G20 India Sherpa Amitabh Kant, Trade Ministers of various countries, and several business leaders will share their ideas on the issues concerning businesses globally. Prime Minister Narendra Modi will attend the special session on the 27th of this month as Chief Guest.The B20 Summit is based on the theme of B20 India R.A.I.S.E: Responsible, Accelerated, Innovative, Sustainable, Equitable Businesses. To focus and deliberate on the larger structural agenda, B20 India worked through two Action Councils on environmental, social, and governance in Business on African Economic Integration.

12) Answer: C

The Ministry of Skill Development and Entrepreneurship, Government of India, in collaboration with the Australian Government, successfully hosted a roundtable on "Enhancing Health Workforce Training and Skill Pathways" on August 21, 2023, in New Delhi. Shri Atul Kumar Tiwari, Secretary, MSDE welcomed the Australian Minister Butler and his team for this Roundtable Discussion. He shared the current developments within the skill ecosystem where the National Education Policy of 2021 created a National Skills Qualification Framework (NSQF) to provide harmonization between education and skills and ensure horizontal and vertical mobility of students. Further, he highlighted the situation of a global shortage in the Healthcare sector for qualified professionals and how India is ready to address this issue with skilling in India

13) Answer: B

Sarbananda Sonowal attended the Memorandum of Understanding (MoU) signing ceremony between Inland Waterways Authority of India (IWAI) and Numaligarh Refinery Limited (NRL) to use National Waterways-2 (Brahmaputra) and Indo Bangladesh Protocol Route (IBPR) for export of petroleum products to Bangladesh and other south east Asian countries in Guwahati, Assam. The MoU is aimed at powering PM Gati Shakti National Master Plan to boost India’s Act East Policy. NRL will export around 10,000 MT of Petroleum and petrochemical products per month from the IWAI Jogighopa Multi-Modal terminal. NRL to set up POL Oil Terminal at Jogighopa Logistics Park with rail connectivity. This MoU is aimed at fulfilling the ‘Hydrocarbon Vision 2030 for Northeast’ by enabling inland waterways transportation via NW2 and IBPR.

14) Answer: C

Former real estate tycoon Srettha Thavisin of Pheu Thai Party (PTP) has been elected as the 30th Prime Minister of Thailand, succeeding Prayuth Chan-Ocha who retired from politics in July 2022.The final vote tally for Srettha Thavisin was 482 in favour, 165 against, and 81 abstentions, with a combined participation of 705 MPs and senators.Out of the 482 votes in favour, 330 were from Members of Parliament (MPs) and 152 from senators.Of the 164 votes against him, 152 were from MPs and 12 from senators.The 81 abstentions included 13 MPs and 68 senators.

15) Answer: C

Neelkanth Mishra, Chief Economist at Axis Bank and Head of Global Research at Axis Capital, has been appointed as part-time chairperson of Aadhaar-issuing body Unique Identification Authority of India (UIDAI).The Chairperson and Members will serve for a term of 3 years or until the age of 65, whichever comes earlier, from their date of assuming office.Mishra is the 4th chairperson of UIDAI, and the 2nd non-bureaucrat to be appointed at the top post in the nodal authority. Nandan Nilekani, the first chairperson of UIDAI, was also the only other non-bureaucrat to have helmed the body, as part of his stint of over 4 years from which he stepped down in March, 2014.

16) Answer: B

The UIDAI is a statutory authority established under the provisions of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 (Aadhaar Act 2016) on July 12, 2016, by the Government of India, under the MeitY.Headquarters : New Delhi, DelhiUIDAI was created to issue Unique Identification numbers (UID), named as "Aadhaar", to all residents of India. The authority consists of a Chairperson, two part-time Members and the Chief Executive Officer (CEO), who is also the Member-Secretary of the Authority.

17) Answer: B

India has created history as it became the first country to land on the South Pole of lunar surface. The Vikram lander successfully touched down as planned on 23 August 2023 at 6.04 pm.India joins an elite club of countries to achieve a soft landing on the Moon, after the US, the former Soviet Union and China. As of now, the Vikram Lander has safely touched down on the lunar surface, accompanied by the Pragyan Rover positioned on the lander's ramp. In the next phases of the mission, the rover will embark on its journey on the Moon's surface to gather the relevant information about its atmosphere.The 26kg rover called Pragyaan (the Sanskrit word for wisdom) was carried to the Moon in the Vikram lander's belly. The landing coincides with the start of a lunar day - a day on the Moon equals a little over four weeks on Earth and this will mean the lander and rover will have 14 days of sunlight to charge their batteries.

18) Answer: B

The United States (US) Food and Drug Administration (FDA) approved Abrysvo (Respiratory Syncytial Virus Vaccine), the first vaccine approved for use in pregnant individuals to prevent lower respiratory tract disease (LRTD) and severe LRTD caused by respiratory syncytial virus (RSV) in infants from birth through 6 months of age. Pfizer has developed this respiratory syncytial virus vaccine.With this, the United States (US) became the 1st country to approve a vaccine for pregnant women that prevents severe disease caused by RSV in their babies.The Pfizer shot, which was already approved for use in older adults, has now been greenlighted for use as a single injection from 32 through 36 weeks of pregnancy, to protect infants from birth through 6 months.

19) Answer: C

An esteemed Indian-American mathematician and statistician Calyampudi Radhakrishna Rao, commonly known as C. R. Rao passed away at the age of 102.Dr C.R Rao born on September 10, 1920, in Hadagali, a town in the present-day Karnataka state of India.C.R. Rao authored 14 books and around 350 research papers, covering a wide range of topics in statistics and mathematics.In 2023, he was awarded the International Prize in Statistics, often referred to as the "statistics’ equivalent of the Nobel Prize.He received the prestigious Padma Bhushan (1969) and Padma Vibhushan (2001) awards, the highest civilian honours in India.He became a Fellow of the National Academy of Sciences (USA) and received the National Medal of Science, the highest scientific award in the United States.

20) Answer: B

The Union Minister for Youth Affairs and Sports Anurag Singh Thakur has announced that the Khelo India Women’s League will officially be known as the Asmita Women's League. ASMITA refers to Achieving Sports Milestone by Inspiring Women Through Action.In a Social Media Post, Mr Thakur appreciated the entire team of Khelo India for conceptualizing the idea and developing Asmita Portal and new logo saying that it a significant stride towards the digitalization of Indian Sports.The Asmita Portal serves as a comprehensive resource, offering valuable insights into upcoming leagues among other features. It will enable any school, college, government, or private organization to host the 'Asmita Women's League' and be part of Khelo India's march towards sporting excellence.