Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 25th March 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) Recently, Which company's last mile electric mobility unit will receive a $73 million investment from the International Finance Corp (IFC) of the World Bank?

(a) Adani Power

(b) L&T

(c) Tata Power

(d) Mahindra and Mahindra

(e) Reliance Industries

2) The Reserve Bank of India (RBI) has initiated the establishment of a “Greenfield Data Centre” and an “Enterprise Computing & Cybersecurity Training Institute” in _____________.

(a) Bengaluru, Karnataka

(b) Bhubaneswar, Odisha

(c) Jamui, Bihar

(d) Faridabad, Haryana

(e) Surat, Gujarat

3) Which of the following company has inked a pact with Japan Bank for International Cooperation (JBIC) for a project loan of Japanese Yen (JPY) 2.65 billion or about Rs 165 crores?

(a) NTPC

(b) IOCL

(c) BHEL

(d) BEML

(e) PFC

4) Recently, Which private bank has launched an array of digital solutions for participants of the capital market and clients of custody services?

(a) Axis Bank

(b) HDFC Bank

(c) ICICI Bank

(d) IndusInd Bank

(e) DBS Bank

5) Recently, Which of the following organization has launched two key surveys namely the Consumer Confidence Survey (CCS) and the Inflation Expectations Survey of Households (IESH)?

(a) NABARD

(b) SIDBI

(c) RBI

(d) FICCI

(e) SEBI

6) Which of the following company has collaborated with Bharat BillPay to strengthen its loan repayment facility?

(a) Zaggle

(b) Google Pay

(c) Bajaj Finserv

(d) Policy Bazaar

(e) Amazon Pay

7) Recently in March 2023, Which bank completed its first commercial trade in Sri Lankan rupees?

(a) IDFC First Bank

(b) IDBI Bank

(c) ICICI Bank

(d) Axis Bank

(e) State Bank of India

8) As per the recent report, The Reserve Bank of India (RBI) sold net __________in the spot foreign exchange market in January 2023.

(a) $453 million

(b) $384 million

(c) $233 million

(d) $567 million

(e) $143 million

9) Which of the following has imposed an environmental compensation of ₹100 crore on Kochi Municipal Corporation for its continuing neglect of duties?

(a) Competition Commission of India

(b) RBI

(c) SEBI

(d) Ministry of Labour and Employment

(e) National Green Tribunal

10) Where was the 3^rd Annual Edition of the International SME Conference (ISC) held recently?

(a) Guwahati

(b) Chennai

(c) Kolkata

(d) New Delhi

(e) Mumbai

11) A 3-day International Conference on ‘Natural farming for Revitalizing Environment & Resilient Agriculture’ concluded in ______________.

(a) Hyderabad, Telangana

(b) Aizwal, Mizoram

(c) Imphal, Manipur

(d) Varanasi, Uttar Pradesh

(e) Surat, Gujarat

12) Which company has launched the world's first digital real estate exchange, ALT DRX, allowing investors to buy one sq. ft. of real estate at a time?

(a) ALT Realtech

(b) North Facing Realtech

(c) PropTech Realty

(d) RhemRealTech

(e) Aureity

13) Who has been appointed as the first justice of a district court in the US state of Massachusetts?

(a) Tejal Mehta

(b) Dinesh Sharma

(c) Priya Mehta

(d) Ashwini Singh

(e) KV Kamath

14) Which country’s rights group Truth Hounds was awarded Norway’s Sakharov Freedom Award?

(a) Spain

(b) Portugal

(c) Russia

(d) India

(e) Ukraine

15) As per the data collated by market research firm CoalMint, Which country has emerged as one of the highest global importers of coking coal at 69 million tonnes, accounting for 22 per cent of the world’s shipments in the calendar year 2022?

(a) Russia

(b) France

(c) China

(d) USA

(e) India

16) In which of the following place the 4^th Asian Kho Kho Championship for Men and Women held recently?

(a) Meghalaya

(b) Assam

(c) Manipur

(d) Mizoram

(e) Tripura

17) The Maharashtra Industrial Development Corporation (MIDC) and the ________ India Business Council have signed anMoU for sustainable infrastructure and defence manufacturing.

(a) China

(b) Norway

(c) Singapore

(d) Canada

(e) Sweden

18) Senior journalist Abhay Chhajlani passed away at the age of 88. In which year did he receive the Padma Shri award from the Government of India?

(a) 2001

(b) 2004

(c) 2009

(d) 2008

(e) 2007

19) Who is the author of the new book titled “Bipin: The Man Behind the Uniform”?

(a) Janaki Ammal

(b) Nirmala James

(c) Kamala Sohonie

(d) Rachna Biswat Rawat

(e) Rajeshwari Chatterjee

20) Which of the following date has been observed every year as the International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade?

(a) 23 March

(b) 25 March

(c) 26 March

(d) 22 March

(e) 24 March

Answers :

1) Answer: D

Indian automaker Mahindra and Mahindra stated that World Bank’s private investment arm, International Finance Corp (IFC), will invest 6 billion rupees ($72.58 million) in the company’s last mile electric mobility unit.

The investment is the IFC's first in an electric vehicle maker in India.

The investment, which will be in the form of compulsory convertible instruments, will value the unit at 60.20 billion rupees.

IFC will own about a 9.97%-13.64% stake in the newly formed company.

Indian automakers and startups, such as Tata Motors, ElectricPe and Yulu, are jumping into the space and attracting multiple investments.

2) Answer: B

The Governor of the Reserve Bank of India (RBI), Shri Shaktikanta Das, initiated the establishment of a “Greenfield Data Centre” and an “Enterprise Computing & Cybersecurity Training Institute” in Bhubaneswar, Odisha during a foundation stone laying ceremony.

About the New Data Centre and Training Institute :

It will cover an area of 18.55 acres and will be able to address the emerging needs of the RBI and the financial sector.

It will enhance the RBI’s existing computing infrastructure with state-of the art facilities for research and capacity building in central banking, technology, and cybersecurity to prepare for the future.

3) Answer: E

Power Finance Corporation(PFC) Limited has inked a pact with Japan Bank for International Cooperation (JBIC) for a project loan of Japanese Yen (JPY) 2.65 billion or about Rs 165 crore.

The loan agreement was signed at JBIC headquarters Tokyo, between PFC Chairman and Managing Director R S Dhillon and Uchida Makoto, Managing Executive Officer of JBIC.

4) Answer: C

ICICI Bank launched an array of digital solutions for participants of the capital market and clients of custody services.

The solutions enable various participants in the sector including stock brokers, Portfolio Management Service (PMS) providers, Foreign Portfolio Investors (FPIs), Foreign Direct Investors (FDIs), and Alternative Investment Funds (AIF) to seamlessly meet all their banking requirements.

The bank has launched these solutions to offer expeditious onboarding and convenience to all participants of the Indian capital market which has seen significant growth in the last few years.

5) Answer: C

The Reserve Bank of India (RBI) has launched two key surveys namely the Consumer Confidence Survey (CCS) and the Inflation Expectations Survey of Households (IESH)

Data gathered from these surveys, which provide "useful inputs" for the RBI’s bi-monthly monetary policy.

About CCS :

The CCS seeks qualitative responses from households, regarding their sentiments on general economic situation, employment scenario, price level, households’ income and spending.

6) Answer: E

Amazon Pay has collaborated with Bharat BillPay, the biller platform of the National Payments Corporation of India (NPCI), to strengthen its loan repayment facility.

Key Highlights :

Customers can select their bank or Non-Banking Financial Company (NBFC) from the list and enter their loan account number and other details to pay their Equated Monthly Instalments (EMI).

All bill payment transaction confirmations are instantaneous; however, some banks may require a pre-defined turnaround time (TAT) to process and accept the payment after the completion of the transaction.

Over 200 lenders, including Bajaj Finance, Cholamandalam Investment & Finance, HDB Financial Services, Home Credit, and IIFL Finance, have enrolled in the facility.

7) Answer: E

Indian lender State Bank of India (SBI) completed its first non-dollar transaction with Sri Lanka, by paying for exports in Sri Lankan rupees as India looks to bring countries that are short of U.S. dollars into the trade mechanism.

The move comes as Sri Lanka grapples with its worst economic crisis since its independence, triggered by a shortage of dollars.

The island nation's forex reserves stood at $2.1 billion as of end-January.

8) Answer: B

The Reserve Bank of India (RBI) sold net $384 million in the spot foreign exchange market in January 2023.

This is lower compared to the net sales of $771 million in January, 2022.

The RBI purchased $12.90 billion and sold $13.29 billion in the spot market in the month.

The Indian rupee appreciated by nearly 1% against the dollar in January and moved in a wide range of 80.88 to 82.94.

Meanwhile, the RBI’s net outstanding forward purchase stood at $21.73 billion as of end-January,2023 compared with a net purchase of $10.97 billion at the end of Feb 2023.

9) Answer: E

The Principal Bench of the National Green Tribunal has imposed an environmental compensation of ₹100 crores on Kochi Municipal Corporation for its continuing neglect of duties, resulting in the crisis at its wastage dump site at Brahmapuram following the major fire.

The Bench led by chairperson Adarsh Kumar Goel issued an order directing the civic body to deposit the money with the Chief Secretary within a mont h for necessary remediation measures and to address the health issues faced by people who had inhaled the toxic fumes from the dump site.

10) Answer: D

The 3rd Annual Edition of the International SME Conference (ISC), 2023 is being held in New Delhi from 19th to 21st March.

The ISC is being jointly organized by the Ministry of Micro, Small and Medium Enterprises (MSME) and the Ministry of External Affairs and the India SME Forum.

The event has the Government of Madhya Pradesh as a major partner state and the Government of Uttar Pradesh as an associate partner state.

The International Network of Micro, Small and Medium Enterprises (INSME) and the World Union of Small and Medium Enterprises (WUSME) are the International Partners for ISC 2023, and Tata AIA is the Insurance Partner.

11) Answer: C

3-day International Conference on 'Natural Farming to Revive the Environment and Resilient Agriculture' concluded.

The conference concluded at Central Agricultural University (CAU) in Imphal, Manipur.

Union Minister of State for External Affairs and Education, Dr RK Ranjan attended the closing ceremony.

He called upon the efforts of CAU, Imphal to focus on the importance of natural farming.

He also said that natural farming should be included as a curriculum in the undergraduate and postgraduate programs in higher education.

12) Answer: A

A Bengaluru-based fintech startup, ALT Realtech, has launched the world's first digital real estate exchange, ALT DRX, allowing investors to buy one sq. ft. of real estate at a time.

The startup, with an India-first launch strategy, has raised $1.6 million in equity and $2 million in callable mezzanine debt for co-investing in real estate assets during its seed round.

ALT DRX will allow owners of these real estate assets to dematerialise their real estate ownership into tokenized, traceable digital assets.

The Nasdaq Composite is a stock market index that includes almost all stocks listed on the Nasdaq stock exchange.

Along with the Dow Jones Industrial Average and S&P 500, it is one of the three most-followed stock market indices in the United States.

13) Answer: A

An Indian-American woman, Ms Tejal Mehta, has been appointed as the first justice of a district court in the US state of Massachusetts.

She promised to make a real impact on the community and treat people with compassion, and will serve as the first justice of the Ayer District Court.

In her new role, Mehta plans to make a real impact on the community and treat people with compassion.

She has served as an associate justice with the same court and was unanimously selected and sworn in by Judge Stacey Fortes, chief justice of the District Court.

14) Answer: E

Ukrainian rights group Truth Hounds, which documents war crimes in the Ukraine conflict, was awarded Norway’s Sakharov Freedom Award.

The Norwegian Helsinki Committee human rights organisation that awards the prize called Truth Hounds “a force to be reckoned with”, honouring them “for their work to document war crimes and potential crimes against humanity”.

The Sakharov Freedom Award not to be confused with the European Parliament's Sakharov Prize was established in 1980

15) Answer: E

India has emerged as one of the highest global importers of coking coal (and pulverised coal injection) at 69 million tonnes (mt), accounting for 22 per cent of the world’s shipments in the calendar year 2022, as per data collated by market research firm CoalMint.

On a year-on-year basis, coking coal imports by the country increased 2 per cent from 68 mt-odd in 2021.

China is the second largest importer of coking coal at 63.8 mt, up 17 per cent YoY, as against 54.7 mt in 2021.

Total traded volume (coking coal) globally increased 8 per cent on a YoY basis to 319 mt (from 295.7 mt).

16) Answer: B

The 4th Asian Kho Kho Championship for Men and Women will begin at Baksa district in Assam.

The event will conclude on the 23rd of this month.

Chief Minister HimantaBiswa Sarma and officials of the Kho Kho Federation will take part in the inaugural program.

The event is being organised by the Kho Kho Federation of India in association with the Assam Kho Kho Association and Bodoland Territorial Region government.

The government of Assam also extended its support for the competition.

Altogether nine countries -India, Bangladesh, South Korea, Malaysia, Nepal, Bhutan, Iran, Sri Lanka, and Indonesia are participating in the competition.

17) Answer: E

The Maharashtra Industrial Development Corporation (MIDC), the Government of Maharashtra and the Sweden India Business Council (SIBC) signed a memorandum of understanding (MoU) for sustainable infrastructure and defence manufacturing.

The MoU will focus on waste to energy (green initiatives), financial services including export credit financing agencies in Sweden, sustainable infrastructure and transportation and defence sector manufacturing amongst others.

The Consulate General of Sweden in Mumbai and the Embassy of Sweden in New Delhi have started a year-long programme to celebrate 75 years of bilateral relations between Sweden and India with the visit of Swedish state secretary for foreign trade, HåkanJevrell and several other leaders of Swedish industry to Pune.

18) Answer: C

Senior journalist and Padma Shri awardee (2009) Abhay Chhajlani passed away at the age of 88 in Indore, Madhya Pradesh(MP), India.

Abhay Chhajlaniji was born on August 4, 1934 in Indore, MP.He entered the field of journalism in 1955.

He served as the president of the Indian Languages Newspapers Association (ILNA), the apex organisation of Indian language newspapers in 1988, 1989, 1994.

He was also the vice president of the Indian Newspaper Society (INS) in the years 2000 and 2002.

Awards & Honors :

The government of India (GoI) awarded him the fourth-highest civilian honour of the Padma Shri, in 2009, for his contributions to journalism.

19) Answer: D

Rachna Biswat Rawat, a well-known journalist and writer from India, has written a book titled “Bipin: The Man Behind the Uniform,” which focuses on the life, personality, and principles of General Bipin Rawat, India’s first Chief of Defence Staff.

Published by Penguin Veer, the book serves as a tribute to Rawat’s life and achievements.

The book tells the story of General Bipin Rawat, from his days as a cadet at the National Defence Academy to his role as India’s first Chief of Defence Staff.

General Bipin Rawat was one of India’s most notable military leaders until he tragically died in a helicopter crash in 2021.

20) Answer: B

On March 25th of this current year International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade is celebrated all over the world.

It is an international event that is celebrated annually on March 25th every year is intended to inscribe the tragedy of the slave trade in the memory of all peoples.

International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade is a United Nations international observance designated in 2007 to be marked on 25 March every year.