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- In which city, Prime Minister (PM) Narendra Modi inaugurated the program ‘Commemoration of 50 years of Project Tiger’ in April 2023?
1) Guwahati, Assam
2) Shivpuri, Madhya Pradesh
3) Mysuru, Karnataka
4) Guntur, Andhra Pradesh
5) Palakkad, KeralaAnswer-3) Mysuru, Karnataka
Explanation:
On April, 9, 2023, the Prime Minister Narendra Modi inaugurated the program ‘Commemoration of 50 years of Project Tiger’ at Mysuru University in Mysuru, Karnataka, the first of its kind in India, organised to mark 50 years of Project Tiger.
• The Government of India (GoI) launched the “Project Tiger” in 1973 for conserving the national animal, the tiger (Panthera tigris). Thus 2023 marks the 50th year of Project Tiger.
i. The PM launched the International Big Cats Alliance (IBCA) for the conservation of seven major big cats – tiger, lion, leopard, snow leopard, puma, jaguar and cheetah in collaboration with 97 countries which contain the natural habitat of these big cat species.
ii. He released the publications ‘Amrit Kaal Ka Vision For Tiger Conservation’, a summary report of the 5th cycle of Management Effectiveness Evaluation of Tiger Reserves, declared tiger numbers and released the summary report of All India Tiger Estimation (5th cycle).
• He also released a commemorative coin on the completion of 50 years of Project Tiger. - Which state is set to get the world’s 1st conservation and breeding centre for the Asian king vulture?
1) Uttar Pradesh
2) Gujarat
3) West Bengal
4) Madhya Pradesh
5) OdishaAnswer-1) Uttar Pradesh
Explanation:
Jatayu Conservation and Breeding Centre (JCBC), the world’s 1st conservation and breeding centre developed exclusively for the conservation of the Asian king vulture in Maharajganj district in Uttar Pradesh (UP) is set to be inaugurated by UP Chief Minister (CM) Yogi Adityanath on the occasion of International Vulture Awareness Day(first Saturday of September).
• The JCBC is located at the Bhari Baisi village in the Farenda range of the Gorakhpur forest division.
• Asian king vulture is critically endangered and protected under the Wildlife Protection Act, 1972.
i. The Asian king vulture (Sarcogyps calvus), often known as the red-headed vulture (also known as the Indian black vulture or Pondicherry vulture), is mainly found in the Indian subcontinent, with small disjunct populations in some parts of Southeast Asia.
ii. In 2007, it was uplisted to ‘critically endangered‘ on the International Union for Conservation of Nature (IUCN) Red List. - In April 2023, the Ministry of Finance (MoF) formed a 4-member committee led by _____________ to examine the pension system for government employees.
1) Anil Yadav
2) T. V. Somanathan
3) Vivek Singh
4) Ashok Kumar Rawat
5) Ankit JalanAnswer-2) T. V. Somanathan
Explanation:
The Ministry of Finance (MoF) has formed a 4-member committee led by Finance Secretary T. V. Somanathan to examine the pension system for government employees.
• The panel will also include Deepak Mohanty, Chairman, Pension Fund Regulatory and Development Authority (PFRDA); Annie Matthew, Special Secretary, Department of Expenditure (DEA), MoF; and Radha Chauhan, Secretary, Department of Personnel & Training (DoPT), Ministry of Personnel, Public Grievances and Pensions.
i. According to its mandate, the committee would recommend any necessary changes to the National Pension System (NPS), generally known as the New Pension Scheme, as it pertains to employees of the government. - According to the data from the Mumbai (Maharashtra)-based National Securities Depository Limited (NSDL) released in April 2023, which of the following countries were gained as the FPI Foreign Portfolio Investment (FPI) destinations for India in FY23?
1) Mauritius
2) Norway
3) Singapore
4) Both 1 & 2
5) Both 2 & 3Answer-5) Both 2 & 3
Explanation:
According to the data from the Mumbai (Maharashtra)-based National Securities Depository Limited (NSDL), Norway, and Singapore gained as the FPI (Foreign Portfolio Investment) destinations for India in FY23 while Mauritius witnessed the sharpest decline.
• Now, Singapore is the second biggest jurisdiction for FPI flows in India after the United States of America (USA).
• Singapore is followed by Luxembourg at 3rd place, and Mauritius’ ranking has dropped to 4 in FY23 (from 2nd in FY22). Norway ranked at 8th Place. - Which of the following points is “Incorrect” with respect to the Reserve Bank of India’s (RBI) Monetary Policy Report released in April 2023?
A) The credit growth continued to outpace deposit growth in FY23 at an 10-year high, despite banks fully transmitting lending rates linked to external benchmarks (200 basis points) which now account for nearly half of floating-rate loans.
B) The internal benchmark for loan pricing, the Marginal Cost of Funds-Based Lending Rate (MCLR), increased by 140 bps from May 2022 to March 2023.
C) The 1-year median MCLR of Scheduled Commercial Banks (SCBs) increased by 135 bps from May 2022 to February 2023.
1) Only A
2) Only B
3) Only C
4) Only A & B
5) Only B & CAnswer-1) Only A
Explanation:
According to the Reserve Bank of India’s (RBI) Monetary Policy Report (April 2023), credit growth continued to outpace deposit growth in financial year 2022-23 (FY23) at an eleven-year high, despite banks fully transmitting lending rates linked to external benchmarks [250 basis points (bps)], which now account for nearly half of floating-rate loans.
• In FY23, bank loans increased 14.6% while deposits increased just 9.6%.
• The rate of credit growth in FY23 was the greatest since FY 2011–12, when credit increased 17%.
i. The internal benchmark for loan pricing, the Marginal Cost of Funds-Based Lending Rate (MCLR), increased by 140 bps from May 2022 to March 2023.
ii. The 1-year median MCLR of Scheduled Commercial Banks (SCBs) increased by 135 bps from May 2022 to February 2023. - In April 2023, the Securities and Exchange Board of India (SEBI) approved to establish the Corporate Debt Market Development Fund (CDMDF) with ________ as Initial Corpus for Debt Mutual Funds.
1) Rs 4,000 crore
2) Rs 2,000 crore
3) Rs 3,000 crore
4) Rs 1,000 crore
5) Rs 5,000 croreAnswer-3) Rs 3,000 crore
Explanation:
The Securities and Exchange Board of India (SEBI) decided to establish the Corporate Debt Market Development Fund (CDMDF) in the form of an Alternative Investment Fund (AIF) with an initial corpus of Rs 3,000 crore to act as a backdrop facility for the purchase of investment-grade corporate debt securities during times of stress. This decision was made at the SEBI board meeting in March 2023.
• The action is intended to increase secondary market liquidity in general and to encourage optimism among participants in the corporate bond market.
i. The Government of India (GoI) has permitted a 10 times utilisation of this corpus, bringing the total available capital to Rs. 30,000 crore, and this new corpus is further guaranteed by the Central Credit Guarantee Corporation. - Who was recently (in April ‘23) awarded with the 2023 International Prize in Statistics?
1) Siva Ramachandran Athreya
2) Bimal Kumar Roy
3) S. R. Srinivasa Varadhan
4) Biswatosh Sengupta
5) Calyampudi Radhakrishna RaoAnswer-5) Calyampudi Radhakrishna Rao
Explanation:
Calyampudi Radhakrishna Rao (CR Rao), a prominent Indian-American Statistician, has been awarded the 2023 International Prize in Statistics, the statistics’ equivalent of the Nobel Prize, for his monumental work 75 years ago that revolutionised statistical thinking.
i. CR Rao will receive the prize, which comes with a USD 80,000 award, in July 2023 the biennial International Statistical Institute(ISI) World Statistics Congress, which will be held in Ottawa, Ontario, Canada.
ii. The government of India honoured him with Padma Bhushan in 1968 and Padma Vibhushan in 2001 for science and engineering. - Name the country that has recently (in April ‘23) launched ‘Ofek 13’, a spy satellite on the Shavit launch vehicle into orbit.
1) China
2) South Korea
3) Israel
4) North Korea
5) JapanAnswer-3) Israel
Explanation:
Israel successfully launched the Ofek 13, a new Israeli spy satellite onboard the Shavit launch vehicle into space from Palmachim Airbase spaceport, located near the cities of Rishon LeZion and Yavne, Israel.
• This would enhance around-the-clock regional monitoring as Israel braces for a possible showdown with Iran.
i. The Ofek-13, manufactured by the state-owned Israel Aerospace Industries (IAI), is the latest in a series of Israeli-produced satellites first put into orbit in 1988 and the Ofek 13 is the newest Israeli reconnaissance satellite to be launched, following the Ofek 16 in the summer of 2020.
ii. It was launched on a Shavit missile over the Mediterranean Sea, a westward direction Israel generally uses to avoid sensitive technologies getting into the hands of Middle Eastern neighbours in the case of a malfunction. - Name the Indian Grandmaster who has recently (in April ‘23) won Armageddon championship series 2023-Asia and Oceania event held at Berlin, Germany.
1) Arjun Erigaisi
2) Gukesh Dommaraju
3) Rameshbabu Praggnanandhaa
4) Vidit Gujrathi
5) Nihal SarinAnswer-2) Gukesh Dommaraju
Explanation:
Teenage Indian Grandmaster Gukesh Dommaraju (16) has won Armageddon championship series 2023-Asia and Oceania event held at Berlin, Germany by defeating Nodirbek Abdusattorov of Uzbekistan. He won a prize money of 18,000 EUR.
i. It was the second regional tournament of the Armageddon Championship Series 2022-2023 which is organised by World Chess Events Limited in cooperation with World Chess Europe GmbH. - The 58th Central Reserve Police Force (CRPF) Valour Day was observed on ________, 2023.
1) 8th April
2) 6th April
3) 9th April
4) 7th April
5) 10th AprilAnswer-3) 9th April
Explanation:
Central Reserve Police Force (CRPF) Valour Day, also known as Shaurya Diwas is annually observed across India on 9th April to commemorate the valour of CRPF personnel during the 1965 war against the Pakistan army.
• 9th April 2023 marks the observance of the 58th CRPF Valour Day.
i. On the occasion of the 58th CRPF Valour Day, Director General of CRPF Sujoy Lal Thaosen paid tribute to the fallen heroes and martyrs during the event organised at the Shaurya Officers Institute, Vasantkunj, New Delhi, Delhi.
ii. He also presented the 27 Gallantry medals to the CRPF officers who showcased courage and valour in the fights against the enemies of the nation.
- In which city, Prime Minister (PM) Narendra Modi inaugurated the program ‘Commemoration of 50 years of Project Tiger’ in April 2023?
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