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Current Affairs Quiz: 11 March 2023

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 11 March 2023 to achieve more marks in Banking, Insurance, UPSC, SSC, CLAT, Railways and all other competitive Exams. We have prepared the current affairs quiz question from our daily current affairs 2023 updates.

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    1. Which organisation has recently (in March ‘23) released a report that states, nations must make “massive efforts” to reduce salt (Sodium) intake?
      1) World Health Organization
      2) Food and Agriculture Organization
      3) United Nations Children’s Fund
      4) World Food Programme
      5) UN Women
      Answer-1) World Health Organization
      The World Health Organization (WHO) Global Report on Sodium Intake Reduction states that nations must make “massive efforts” to get people to consume less salt, which can lower their risk of developing cancer, heart disease, and stroke.
      i. The WHO remarked in its first-of-its-kind global report on sodium intake reduction that the world is falling short of its global target of reducing sodium intake by 30% by 2025.
      ii. For the first time, a Sodium Country Score is assigned to each Member State based on the level of implementation of sodium reduction policies and other measures, ranging from 1 (the lowest level) to 4 (the highest level).
      • As per the report, India’s Sodium intake is about 9.8 g salt/day and its Sodium Country Score was 2.
      • According to the report, just 5% of WHO Member States are protected by mandatory and comprehensive sodium reduction policies, and 73% including India lack full implementation of such policies.

    2. Name the bank that has recently (in March ‘23) collaborated with ITC Limited to offer rural lending products and services to farmers.
      1) HDFC Bank
      2) ICICI Bank
      3) YES Bank
      4) Axis Bank
      5) Kotak Mahindra Bank
      Answer-4) Axis Bank
      Axis Bank collaborated with ITC Limited to offer lending products and services to farmers who are a part of ITC’s agriculture eco-system.
      i. This partnership is aimed at reaching out to the unserved and under-served farmers in rural areas, in line with Axis Bank’s Bharat Banking mission to extend its reach in remote regions by opening new bank accounts and providing seamless customer experience in FY 22-23.
      ii. The Bank will utilize ITC’s super app ITCMAARS (Meta Market for Advanced Agricultural Rural Services), a full-stack Agri-tech application for reaching out to the farmers and addressing their financial requirements.

    3. Which bank has recently (in March ‘23) signed an MoU with Central Warehousing Corporation (CWC) to facilitate financing under e-NWR (Electronic Negotiable Warehousing Receipt)?
      1) State Bank of India
      2) Union Bank of India
      3) Punjab National Bank
      4) Bank of Baroda
      5) Bank of India
      Answer-3) Punjab National Bank
      The Punjab National Bank (PNB) signed a Memorandum of Understanding (MoU) with Central Warehousing Corporation (CWC), under the Ministry of Consumer Affairs, Food & Public Distribution, (MoCAF&PD), to facilitate financing under e-NWR (Electronic Negotiable Warehousing Receipt).
      i. The MoU was made to provide easy access to finance to farmers/ food processors/ traders against the pledge of agricultural commodities stored in CWC warehouses.
      ii. The partnership also intends to increase the farmers’ income by overcoming the prevailing distress sales by the farmers.

    4. Name the insurance company that has recently (in March ‘23) introduced a genius plan to help parents financially prepare for their children’s future.
      1) PNB MetLife India Insurance
      2) ICICI Prudential Life Insurance
      3) HDFC Life Insurance
      4) TATA AIA Life Insurance
      5) SBI Life Insurance
      Answer-1) PNB MetLife India Insurance
      PNB MetLife India Insurance Company Limited (PNB MetLife), one of India’s leading life insurance firms, has introduced the “PNB MetLife Genius” plan, a new solution to help parents financially prepare for their children’s future.
      i. The ‘PNB MetLife Genius Plan’ is an individual, non-linked, non-participating life insurance plan.
      ii. The “PNB MetLife Genius Plan” provides assured benefits, flexibility for saving, a built-in premium waiver on death, and the choice of additional protection against Accidental Total Permanent Disability (ATPD).

    5. Name the company that has recently (in March ‘23) signed an MoU with National Institute of Technology Karnataka (NITK Surathkal) to cooperate in Research and Development (R&D).
      1) Bharat Dynamics Limited
      2) Electronics Corporation of India Limited
      3) Bharat Heavy Electricals Limited
      4) Hindustan Aeronautics Limited
      5) Bharat Electronics Limited
      Answer-5) Bharat Electronics Limited
      Bharat Electronics Ltd. (BEL), Navratna Defence Public Sector Undertaking (PSU), has signed a Memorandum of understanding (MoU) with the Mangalore(Karnataka)-based National Institute of Technology Karnataka (NITK Surathkal), formerly known as Karnataka Regional Engineering College, for cooperation in Research and Development (R&D) for the development of emerging technologies and technical solutions for both defence and non-defence applications.
      i. The MoU aims to leverage the complementary strengths and capabilities of BEL and NITK Surathkal while promoting the indigenisation of products and solutions.

    6. Name the Union Minister who has recently (in March ‘23) launched the 1st edition of “Women Icons Leading Swachhata’ (WINS) Awards” 2023.
      1) Hardeep Singh Puri (Minister of Housing and Urban Affairs)
      2) Amit Shah (Ministerof Home Affairs)
      3) Smriti Zubin Irani (Minister of Women and Child Development)
      4) Bhupender Yadav (Minister of Environment, Forest and Climate Change)
      5) Mansukh L. Mandaviya (Minister of Health and Family Welfare)
      Answer-1) Hardeep Singh Puri (Minister of Housing and Urban Affairs)
      On 7th March 2023(eve of International Women’s Day- 8th March), Union Minister Hardeep Singh Puri, Ministry of Housing and Urban Affairs launched the 1st edition of “Women Icons Leading Swachhata’ (WINS) Awards” 2023 to highlight the impact of women in sanitation and waste management.
      Aim: To recognize, celebrate and disseminate inspiring and exemplary initiatives in urban sanitation and waste management by women-led organizations and individual women.
      i. Swachh Bharat Mission Urban [SBM (U)] was launched by Prime Minister Narendra Modi in October 2014.
      • SBM-U 2.0 was launched in 2021 to achieve “Garbage Free” status for all cities through 100 per cent source segregation and door-to-door collection of waste.
      ii. The applications of the WINS Awards 2023 will be considered under 10 thematics areas

    7. Who was recently (in March ‘23) elected as the 3rd president of Nepal?
      1) Pushpa Kamal Dahal
      2) Bidhya Devi Bhandari
      3) Nanda Bahadur Pun
      4) Ram Chandra Poudel
      5) Narayan Kaji Shrestha
      Answer-4) Ram Chandra Poudel
      Ram Chandra Poudel (79 years old), a senior leader of the Nepali Congress, was elected as the 3rd president of Nepal. He will succeed incumbent President Bidya Devi Bhandari whose tenure will end on 12th March 2023.
      • He received the votes of 214 lawmakers of the parliament and 352 provincial assembly members.
      • Ram Chandra Poudel was honoured with the Grand Cordon of the Order of the Rising Sun from Japan in 2020, for his role in strengthening Nepal-Japan ties
      Note: The term of the President of Nepal is 5 years from the date of the election. A person can be elected to the post for only 2 terms.

    8. In March 2023, Xi Jinping was appointed as the President of China for the ___________time.
      1) 5th
      2) 3rd
      3) 2nd
      4) 6th
      5) 4th
      Answer-2) 3rd
      Xi Jinping, the 69-year-old Chinese politician, was unanimously appointed as President of China for the 3rd time, making him China’s longest-serving leader since founding father Mao Zedong (1954-1959).
      • Xi Jinping received a unanimous 2,952 votes from the National People’s Congress (NPC) of the Republic of China.
      • He was reappointed as President for another 5 years by the parliament of China in a ceremonial vote in Beijing’s Great Hall of the People, China.
      i. Han Zheng, formerly China’s top-ranked vice-premier, has been appointed the country’s Vice-President replacing Wang Qishan.
      ii. Xi Jinping was 1st elected as President of the Republic of China in 2013 and was reappointed as President for the 2nd term in 2018

    9. When was the 54th Central Industrial Security Force (CISF) Raising Day observed across India?
      1) 8th March 2023
      2) 6th March 2023
      3) 9th March 2023
      4) 7th March 2023
      5) 10th March 2023
      Answer-5) 10th March 2023
      The 54th Central Industrial Security Force (CISF) Raising Day observed across India on 10th March 2023 to honour the service and commitment of the CISF personnel to protecting India’s major installations and integrity.
      i. The day also marks the establishment of the Central Industrial Security Force (CISF) on 10th March 1969.
      ii. CISF Raising Day 2023 will be celebrated on 12th March 2023 at the National Industrial Security Academy (NISA) in Hyderabad, Telangana.

    10. In March 2023, Harpal Singh Cheema, Finance Minister (FM) of Punjab, presented the state budget of ______________ for the Financial Year (FY) 2023-24.
      1) Rs 1.96 lakh crore
      2) Rs 2.69 lakh crore
      3) Rs 3.09 lakh crore
      4) Rs 1.20 lakh crore
      5) Rs 2.10 lakh crore
      Answer-1) Rs 1.96 lakh crore
      Punjab Finance Minister (FM) Harpal Singh Cheema presented a Rs 1,96,462 crore (Rs 1.96 lakh crore) state budget for the fiscal year 2023-24 (FY24), which is 26% higher than the amount allocated in FY23, with a focus on agriculture, education, and health.
      • The FY24 budget is the first full Budget of the Aam Aadmi Party (AAP) Government.
      i. The Effective Revenue Deficit has been estimated as 3.32% and Fiscal Deficit has been estimated as 4.98% of the Gross State Domestic Product (GSDP).
      • For school and higher education, a budget of Rs. 17,072 crore has been allotted in FY24, which is 12% more than the amount designated in FY23.
      • In the health sector, 10.50 lakh individuals have been treated in Punjab’s ‘Aam Aadmi Clinics,’ and 26,797 jobs have been created.