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Current Affairs Quiz: 14 & 15 April 2023

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 14 & 15 April 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 company was recently (in April ‘23) accorded the status of Miniratna Category-I Central Public Sector Enterprise (CPSE)?
      1) Solar Energy Corporation of India Limited
      2) Bharat Dynamics Limited
      3) Bharat Earth Movers Limited
      4) Central Warehousing Corporation
      5) Garden Reach Shipbuilders & Engineers
      Answer-1) Solar Energy Corporation of India Limited
      Explanation:
      On April 10, 2023, the Solar Energy Corporation of India Ltd (SECI) was accorded the status of Miniratna Category-I Central Public Sector Enterprise (CPSE). A communication to this effect has been issued by the Ministry of New and Renewable Energy (MNRE).
      • It is the only CPSU dedicated to the Solar Energy Sector.
      i.Incorporated in the year 2011, SECI is the primary implementing agency for renewable energy schemes/projects of MNRE towards fulfilment of India’s international commitments.
      ii.It has the highest credit rating of AAA by domestic rating agency ICRA.

    2. Kolkata Metro Rail Corporation Limited (KMRCL) has recently (in April ‘23) conducted the successful trial run of India’s 1st underwater metro train under the river bed of ___________.
      1) Rupnarayan
      2) Hooghly
      3) Jalangi
      4) Ichamati
      5) Dwaraka
      Answer-2) Hooghly
      Explanation:
      Kolkata Metro Rail Corporation Limited (KMRCL) successfully conducted the trial run of India’s 1st underwater metro train under the river bed of Hooghly through a tunnel of 32 meters below water level.
      i.The tunnels under the river bed, 32 meters below the water level, are part of East West Metro Project that aims to connect Howrah Maidan with Rajarhat along the 16.6-km route.
      ii.The underwater tunnels will connect Kolkata and Howrah with a Metro station at Howrah. This metro station will be the deepest Metro station (33 metres below surface) of India.

    3. Name the drone startup company that has recently (in April ‘23) became India’s 1st company to receive Agri Drone Subsidy for agricultural drones.
      1) Aarav Unmanned Systems
      2) Skylark Dronetech
      3) Teja Aerospace and Dynamics
      4) Garuda Aerospace
      5) Paras Aerospace
      Answer-4) Garuda Aerospace
      Explanation:
      Chennai (Tamil Nadu)-based Garuda Aerospace, a Made in India drone startup, has become India’s 1st company to receive Agri Drone Subsidy for agricultural drones. This subsidy is a part of the government’s efforts to promote the use of agricultural drones.
      • Garuda Kisan Drones, approved by the Directorate General of Civil Aviation (DGCA), were given to 8 farmers at an event held in Pune, Maharashtra.

    4. Which bank has recently (in April ‘23) signed the ‘Master Inter Bank Credit Agreement’ with Export Import Bank of Korea (KEXIM) for a USD 300 million line of credit?
      1) Indian Bank
      2) UCO Bank
      3) Axis Bank
      4) HDFC Bank
      5) Punjab National Bank
      Answer-4) HDFC Bank
      Explanation:
      On April 12, 2023, HDFC Bank signed a ‘Master Inter Bank Credit Agreement’ with Export Import Bank of Korea (KEXIM) for a USD 300 million line of credit. The agreement was signed by the representatives of HDFC Bank and KEXIM at GIFT (Gujarat International Finance Tec) City in Gandhinagar, Gujarat.
      • Korea Eximbank is a Korean government export credit agency that supports Korean companies doing business abroad by providing loans and credit.
      • The pact will help HDFC Bank to do more business with Korean companies and products, which could make their operations grow.
      i.HDFC Asset Management Co. Ltd., investment manager to HDFC Mutual Fund (HDFC MF) launched three schemes viz. HDFC S&P BSE 500 Index Fund, HDFC NIFTY Midcap 150 Index Fund & HDFC NIFTY Smallcap 250 Index Fund allowing investors to diversify their portfolio to large, mid and small-cap segments.

    5. What type of Biometric Authentication was recently (in April ‘23) launched by Citi Union Bank, which is considered to be India’s 1st for Logging into its Banking App?
      1) Palm vein
      2) Facial
      3) Voice
      4) Finger vein
      5) Iris
      Answer-3) Voice
      Explanation:
      On 12th April 2023, the Citi Union Bank (CUB) based in Kumbakonam (Tamil Nadu), launched India’s 1st Voice Biometric Authentication for logging into its mobile banking app at an event held in Chennai, Tamil Nadu(TN).
      • The voice biometric was developed by Kaizen Secure Voiz Pvt. Ltd based in Chennai (TN), under the guidance of the 5G use case lab of the Institute for Development and Research in Banking Technology (IDRBT).
      • The newly introduced voice biometric will be one more option for customers to log in along with user id, PIN, face id and fingerprint authentication.

    6. The United Nations Conference on Trade and Development (UNCTAD) has recently (in April ‘23) published a report “Trade and Development Report Update: Global Trends and Prospects” (April 2023).
      According to the report, India’s economic growth is projected to decline to _____ in 2023 from 6.6% in 2022.

      1) 6.3%
      2) 5.8%
      3) 5.9%
      4) 6%
      5) 6.1%
      Answer-4) 6%
      Explanation:
      According to the “Trade and Development Report Update: Global Trends and Prospects” (April 2023) report published by the United Nations Conference on Trade and Development (UNCTAD), India’s economic growth is projected to decline to 6% in 2023 from 6.6% in 2022.
      i.According to the report, India grew at a 6.6% annual rate in 2022, giving up the top spot among G20 (Group of Twenty) countries to oil-rich Saudi Arabia, which grew at an 8.6% annual rate.
      • India’s Gross Domestic Product (GDP) growth is anticipated to slow to 6.0% in 2023 as a result of declining government spending and high export orders.
      ii.According to UNCTAD, 81 developing countries’ international reserves decreased by $362 billion (5.3%) in 2022, or $241 billion (7%) if China is excluded.

    7. Which of the following points is/are “correct” with respect to the approvals made by Competition Commission of India (CCI) recently (in April ‘23)?
      A) CCI approves Acquisition of Certain Shareholding of BTS Investment & Bodhi Tree Systems VCC (BTS VCC) by NBC Universal Media, LLC (NBC Universal).
      B) CCI approves Acquisition of the Stake in Mukand Sumi Special Steel Limited (MSSSL) by Jamnalal Sons Private Limited (JSPL) from Mukand Limited.
      C) Mukand solely holds 25,71,055 equity shares and Mukand jointly with its nominees holds 95% of the equity shares of MSSSL.

      1) Only A
      2) Both A & B
      3) Both B & C
      4) Both A & C
      5) All A, B & C
      Answer-5) All A, B & C
      Explanation:
      CCI approves Acquisition of Certain Shareholding of BTS Investment & BTS VCC by NBC Universal
      i.The Competition Commission of India (CCI) approves the acquisition of certain shareholdings of BTS Investment 1 Pte. Ltd. (BTS Investment) and Bodhi Tree Systems VCC (BTS VCC) by NBC Universal Media, LLC (NBC Universal), a wholly-owned subsidiary of Comcast Corporation, under Section 31(1) of the Competition Act, 2002.
      iiCCI approves Acquisition of the Stake in MSSSL by JSPL from Mukand Limited
      The CCI approves the acquisition of 5.51% of the equity share capital in Mukand Sumi Special Steel Limited (MSSSL) by Jamnalal Sons Private Limited (JSPL) from Mukand Limited (Mukand) and its nominees.
      iii.JSPL has acquired 25,71,150 equity shares having a face value of Rs 10 each fully paid up by MSSSL from Mukand.

    8. Recep Tayyip Erdoğan, President of the Republic of Türkiye has recently (in April ‘23) unveiled the world’s first unmanned combat aerial vehicle (UCAV) carrier.
      What is the name of the Warship?

      1) TCG Anadolu
      2) TCG Bayraktar
      3) TCG Burgazada
      4) TCG Akcay
      5) TCG Istanbul
      Answer-1) TCG Anadolu
      Explanation:
      Recep Tayyip Erdoğan, President of the Republic of Türkiye, officially unveiled ‘TCG Anadolu’, the country’s largest warship and the world’s first unmanned combat aerial vehicle (UCAV) carrier. It is an amphibious assault vessel of the Turkish Navy that can be configured as a landing helicopter dock (LHD) and a drone carrier.• TCG Anadolu was built as part of the ‘Multi-Purpose Amphibious Assault Ship Project’ and began trials in March 2022.
      • It was built in Istanbul (Türkiye) by the Ottoman company Sedef Shipbuilding and is based on the L-61 aircraft carrier Juan Carlos I.
      i.TCG Anadolu, the world’s first warship in its class, can land and take off Turkish UCAVs Bayraktar TB3 and Kizilelma, as well as light attack aircraft Hurjet.

    9. Health Special issues of the Council of Scientific and Industrial Research(CSIR)’s popular science magazines ________________ and _______________ were recently (in April ‘23) released at the Indian Council of Medical Research (ICMR) Headquarters in New Delhi, Delhi.
      1) Science Reporter; Sanctuary Asia
      2) Dream 2047; BioSpectrum
      3) Vigyan Pragati; Dream 2047
      4) BioSpectrum; Sanctuary Asia
      5) Vigyan Pragati; Science Reporter
      Answer-5) Vigyan Pragati; Science Reporter
      Explanation:
      Health Special issues of the Council of Scientific and Industrial Research(CSIR)’s popular science magazines “Vigyan Pragati” and “Science Reporter” were released at the Indian Council of Medical Research (ICMR) Headquarters in New Delhi, Delhi.
      The magazines were released by Dr Rajiv Bahl, Secretary of the Department of Health Research (DHR) & Director General (DG) of ICMR and Prof Ranjana Aggarwal, Director of CSIR-National Institute Of Science Communication and Policy Research (CSIR–NIScPR).

    10. When was the 39th Siachen Day observed across India?
      1) 15th April 2023
      2) 13th April 2023
      3) 14th April 2023
      4) 11th April 2023
      5) 10th April 2023
      Answer-2) 13th April 2023
      Explanation:
      Siachen Day is annually observed by the Indian Army on April 13 to commemorate the Indian Army’s “Operation Meghdoot”. The day honours the Bravehearts of the Indian Army who sacrificed their lives in the line of duty during Operation Meghdoot.
      • The day also recognises the Indian army personnel (Siachen Warriors) who continue to guard the Siachen Glacier, the northern frontier which is a part of the Union Territory (UT) of Ladakh.
      • The Siachen Glacier is a glacier located in the eastern Karakoram range in the Himalayas
      • 13th April 2023 marks the observance of the 39th Siachen Day.
      Operation Meghdoot:
      i. Operation Meghdoot was led by Major (later Col) RS Sandhu.