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- Name the insurance company that has recently (in May ‘23) launched India’s 1st Insurance Plan for Diabetics.
1) Star Health and Allied Insurance
2) Bajaj Allianz Life Insurance
3) ICICI Prudential Life Insurance
4) Bharti AXA Life Insurance
5) HDFC Life InsuranceAnswer-2) Bajaj Allianz Life Insurance
Explanation:
The Bajaj Allianz Life Insurance Co. Ltd., the private life insurer, launched the first of its kind insurance plan in the Indian life insurance industry designed for Type 2 diabetic and pre-diabetic individuals, named ‘Bajaj Allianz Life Diabetic Term Plan Sub 8 HbA1c’.
i. As per the data of Bajaj Allianz Life, India is referred to as the ‘diabetes capital of the world’ with the diabetic population in the country expected to hit 69.9 million by 2025 and 80 million by 2030.
ii. Diabetic Term Plan Sub 8 HbA1c offers life insurance coverage by factoring in the nuances of the health condition of those having diabetes.
iii. The term plan will enable financial security for pre-diabetic or Type 2 diabetic individuals whose HbA1c (Haemoglobin A1c) is up to 8%. - Name the bank that has recently (in May ‘23) partnered with Yubi to provide digital supply chain financing solutions to small and medium-sized businesses (SMEs).
1) Bank of India
2) Bank of Baroda
3) Canara Bank
4) Indian Bank
5) Union Bank of IndiaAnswer-4) Indian Bank
Explanation:
Chennai (Tamil Nadu) based Yubi (formerly known as CredAvenue), has partnered with Indian Bank to extend digital supply chain financing solutions to small and medium-sized businesses (SMEs).
i. Under this, Indian Bank will utilize Yubi’s technology and platform to digitally enable and scale its supply chain financing book through vendor and dealer financing, targeting large corporations and their SME counterparties. - Which company has recently (in May ‘23) launched ‘credit on UPI’ platform to enable credit service on Unified Payments Interface (UPI)?
1) CCAvenue
2) PayU
3) Kiwi
4) Razorpay
5) InstamojoAnswer-3) Kiwi
Explanation:
Kiwi, a ground-breaking credit card platform, has launched its all-inclusive ‘Credit on UPI’ customer solution, thereby transforming how credit cards are issued and utilized.
i. Kiwi, the first app in India to receive certification from the National Payments Corporation of India (NPCI), will enable customers to experience “Credit on UPI” by issuing Rupay Cards in collaboration with banks.
ii. This allows users to securely make payments using either a credit card or bank account through their phones. - According to the report released by “fDi Markets”, India emerges as the top source country for Foreign Direct Investment (FDI) in ___________.
1) Berlin, Germany
2) Dubai, United Arab Emirates
3) Yishun, Singapore
4) Washington, United States
5) Port Louis, MauritiusAnswer-2) Dubai, United Arab Emirates
Explanation:
According to a report released by “fDi Markets”, a service from United Kingdom’s UK’s Financial Times Ltd., India is the top source country for Foreign Direct Investment (FDI) in Dubai, United Arab Emirates (UAE). India is ranked among the top 5 source countries for announced FDI projects and estimated FDI capital.
i. Dubai is ranked No 1 globally for attracting greenfield FDI projects in 2022.
ii. With 77.5 % of greenfield projects, the top sectors by FDI projects from India into Dubai in 2022 were software & IT services (32%, business services (19%), consumer products (9%), real estate (6%), and financial services (5%). - Who has recently (in May ‘23) received the 57th Jnanpith Award from P S Sreedharan Pillai, Governor of Goa?
1) Nilmani Phookan
2) Amitav Ghosh
3) Damodar Mauzo
4) Krishna Sobti
5) Sankha GhoshAnswer-3) Damodar Mauzo
Explanation:
Damodar Mauzo, an eminent Konkani writer and Sahitya Akademi Award winner, received the 57th Jnanpith Award from P S Sreedharan Pillai, Governor of Goa, at an event held at the Raj Bhavan, Panaji, Goa.
• He is the 2nd konkani writer after Ravindra Kelekar to receive the award. Ravindra Kelekar was the recipient of the 42nd Jnanpith Award.
• He was honoured with the Jnanpith Award, India’s highest literary honour, for his outstanding contribution to literature.
Note- Nilmani Phookan, an Assamese poet received the 56th Jnanpith Award. - Name the company that recently (in May ‘23) became the First Manufacturer to receive GreenPro ecolabel for its ‘Automotive Steel’ products.
1) Hindustan Zinc Limited
2) Hindalco Industries Limited
3) Vedanta Limited
4) TATA Steel Limited
5) JSW Steel LimitedAnswer-5) JSW Steel Limited
Explanation:
JSW Steel Limited, a flagship company of the JSW Group and an integrated steel manufacturer, has become the First Manufacturer to receive GreenPro ecolabel for its ‘Automotive Steel’ products.
i. The GreenPro Ecolabel, developed by the Confederation of Indian Industry(CII)’s Green Business Centre, recognises the highest standards of environmental sustainability and product performance in the Indian manufacturing sector.
ii. JSW Steel Vijayanagar’s ‘Automotive Steel’ products underwent rigorous assessments and met the stringent criteria set by the GreenPro certification. - Who was recently (in May ‘23) appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of UCO Bank
1) Ravi Kumar Agrawal
2) Ashwani Kumar
3) Rajendra Kumar Saboo
4) Soma Sankara Prasad
5) K. Rajivan NairAnswer-2) Ashwani Kumar
Explanation:
The Appointments Committee of the Cabinet (ACC) approved the appointment of Ashwani Kumar, Executive Director, Indian Bank as Managing Director (MD) and Chief Executive Officer (CEO) of UCO Bank, a Commercial public sector bank undertaken by the Government of India (GOI).
i. The appointment has been made for a period of three years, with the possibility of an extension based on the review of his performance.
ii. Ashwani Kumar succeeding Soma Sankara Prasad, who has been the MD & CEO from 2021 is set to retire on 31st May 2023. - In May 2023, Recep Tayyip Erdoğan was re-elected as the President of _____________ (country) for his third consecutive term.
1) Kenya
2) Lebanon
3) Türkiye
4) Morocco
5) TunisiaAnswer-3) Türkiye
Explanation:
Recep Tayyip Erdoğan was re-elected as the President of Türkiye for his third consecutive term. He has been serving as the 12th President of Türkiye since 2014.
i. Recep Tayyip Erdogan won 52.14% of the votes in the second round against the Opposition candidate Kemal Kilicdaroglu, who had 47.86%.
ii. He won the 2002 election and served as the Prime Minister of Turkey from 2003 to 2014.
iii. In 2014, he was elected as the first President of Republic of Türkiyeelected by popular vote in the first round of election. - Vellayani Arjunan, an eminent scholar, writer and Padma Shri awardee passed away in May 2023.
In which year did he won the Padma Shri award in the field of Literature & Education?
1) 2006
2) 2012
3) 2008
4) 2010
5) 2007Answer-3) 2008
Explanation:
Vellayani Arjunan, an eminent scholar, writer, academician and Padma Shri awardee passed away in Thiruvananthapuram, Kerala at the age of 90. He was born on 10 February 1933.
• Vellayani Arjunan holds 3 Doctor of Literature (D. Litt.) degrees from three universities (Aligarh and Agra (Uttar Pradesh), and Jabalpur (Madhya Pradesh).
• Vellayani Arjunan had the credit of having Post Graduations (PGs) in Malayalam, English and Hindi and PG diplomas in Telugu, Kannada and Tamil.
i. In 2008, he was honoured with Padma Shri in the field of Literature & Education. - What is the theme of World No Tobacco Day (WNTD) 2023 observed across the globe on 31st May 2023?
1) We need food, not tobacco
2) Commit to quit
3) Quit tobacco to save our planet
4) Tobacco Exposed
5) Tobacco and lung healthAnswer-1) We need food, not tobacco
Explanation:
World No Tobacco Day (WNTD) 2023 was observed across the globe on 31st May 2023 with the theme of “We need food, not tobacco”.
i. The annual observance of World No Tobacco Day is led by the World Health Organisation (WHO) to create awareness about the harmful effects of tobacco consumption and encourage the general public to quit smoking.
ii. WHO announced the winners of World No Tobacco Day 2023 awards and WHO Director-General’s Special Recognition Certificate.
iii. The State Tobacco Control Cell (STCC), Government of Meghalaya and the Centre for Multi-Disciplinary Development Research in Dharwad, Karnataka received the award under the “South-East Asia Region” category.
- Name the insurance company that has recently (in May ‘23) launched India’s 1st Insurance Plan for Diabetics.
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