AffairsCloud brings you the complete and important daily Current Affairs Quiz 14 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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- Which of the following points is/are “correct” with respect to the approval made by the Mission for Integrated Development of Horticulture (MIDH) to set up new Centers of Excellence (CoEs) for horticulture crops in March 2023?
1) CoE for Kamlam (Dragon Fruit) at Bengaluru, Karnataka.
2) CoE for Mango and Vegetables at Bhubaneswar, Odisha.
3) CoE for Vegetables and Flowers Ponda, Goa.
4) Both 1 & 2
5) Both 1 & 3Answer-5) Both 1 & 3
Explanation:
The Mission for Integrated Development of Horticulture (MIDH) under the Ministry of Agriculture & Farmers Welfare (MoA&FW), Government of India (GoI), approved the 3 new Centers of Excellence (CoEs) for horticulture crops.
i. The 3 CoEs are,
• CoE for Kamlam (Dragon Fruit) by Indian Institute of Horticultural Research (IIHR), Bengaluru, Karnataka at Experimental Station, Hirehalli, Bengaluru, Karnataka.
• CoE for Mango and Vegetables under Indo-Israel Action Plan at Panikoili, Jajpur District, Odisha.
• CoE for Vegetables and Flowers under Indo-Israel Action Plan at Govt. Agricultural Farm, Codar, Khandepar, Ponda, South Goa, Goa.
ii. Under the MIDH, CoEs are being established in various states through Bilateral Cooperation or Research Institutes. MIDH has approved 49 CoEs till now.
iii. These CoEs serve as training and demonstration centres for the latest horticultural technologies. - As per the “Landslide Atlas of India” report released in March 2023, Uttarakhand’s ___________(1st) and _________________(2nd) are the most landslide-prone districts in India.
1) Uttarkashi; Tehri Garhwal
2) Rudraprayag; Uttarkashi
3) Uttarkashi; Pauri Garhwal
4) Rudraprayag; Tehri Garhwal
5) Pauri Garhwal; RudraprayagAnswer-4) Rudraprayag; Tehri Garhwal
Explanation:
According to the “Landslide Atlas of India” report prepared by the Hyderabad (Telangana)-based National Remote Sensing Centre (NRSC) of the Indian Space Research Organisation (ISRO), Uttarakhand’s Rudraprayag (1st) and Tehri Garhwal (2nd) are the most landslide-prone districts in India.
• Thrissur in Kerala ranked third in the report
• For the 1st time NRSC created a pan-India database of more than 80,000 landslides that occurred in India between 1998 and 2022 using information from ISRO satellites.
• NRSC team ranked 147 landslide-affected Indian districts across 17 States and 2 Union territories (UTs).
i. According to ISRO Data, India ranks among the 4 major countries with the highest landslide risk, with approximately 12% (0.42 million square kilometres) of India’s land area prone to this disaster.
ii. Over the past 20 years, India has had 66.5% and 18.8% more landslides in the Northwest and Northeast Himalayas respectively.
iii. The most landslides, 12,385, were recorded in Mizoram between 1988 and 2022. Followed by Uttarakhand (11,219), Tripura (8,070), Arunachal Pradesh (7,689), and Jammu and Kashmir (7,280). - The Department of Consumer Affairs recently (in March ‘23) announced that the sale of hallmarked gold jewellery without a 6digit alphanumeric HUID number, will not be allowed from__________________2023 onwards.
1) 26th March
2) 31st March
3) 25th March
4) 2nd April
5) 1st AprilAnswer-5) 1st April
Explanation:
Department of Consumer Affairs announced that the sale of hallmarked gold jewellery or gold artefacts without a 6 digit alphanumeric HUID (Hallmark Unique Identification) number, consisting of alphabets and numbers, will not be allowed after 31st March 2023 i.e, from 1st April 2023 onwards. Following this, the sale of jewellery with a 4-digit HUID number will also be stopped on April 1.
• From April 1, 2023, each piece of gold jewellery will have a Bureau of India Standards (BIS) hallmark, purity of gold (for example, 0 22K916), and a 6-digit HUID embossed on it.
• Consumer can check and authenticate hallmarked gold jewellery items with HUID number using ‘verify HUID’ in BIS CARE app
i. The jewellery is stamped with the unique number manually at the Assaying & Hallmarking Centre (AHC). - Which of the following points is/are “correct” with respect to the report “Trends in International Arms Transfers, 2022” released by Stockholm International Peace Research Institute (SIPRI) in March 2023?
A) India was the world’s largest importer of major arms in 2018–22, a record it has held since 1993–2022.
B) India’s top three import sources were Russia (45%), France (29%) and the United States (US) (11%).
C) In 2018-22, India (31%), China (23%), and Egypt (9.3%) received nearly two-thirds of Russian arms exports.
1) All A, B & C
2) Only A & B
3) Only B & C
4) Only A & C
5) Only AAnswer-1) All A, B & C
Explanation:
As per the report “Trends in International Arms Transfers, 2022“ released by Stockholm International Peace Research Institute (SIPRI)(a Swedish think tank), India continued to remain the world’s top arms importer for the five years between 2018 and 2022 despite 11% decline in its imports of arms between 2013-2017 to 2018-202
• Russia was India’s largest arms supplier in both 2013-17 and 2018-22, however, its share of overall Indian arms imports declined from 64% to 45%, with France emerging as the second largest supplier between 2018-22.
• India was the world’s largest importer of major arms in 2018–22, a record it has held since 1993–2022.
i. India’s top three import sources were Russia (45%), France (29%) and the United States (US) (11%).
ii. In 2018-22, India (31%), China (23%), and Egypt (9.3%) received nearly two-thirds of Russian arms exports. - Which Mutual Fund (MF) has recently (in March ‘23) rebranded itself as Bandhan Mutual Fund?
1) IDFC Mutual Fund
2) SBI Mutual Fund
3) Axis Mutual Fund
4) ICICI Prudential Mutual Fund
5) HDFC Mutual FundAnswer-1) IDFC Mutual Fund
Explanation:
IDFC Mutual Fund (MF) has rebranded itself as Bandhan Mutual Fund w.e.f. March 13, 2023. In this regard, its each scheme will be renamed to replace the word ‘IDFC’ with the word ‘Bandhan’
• It has also unveiled a new logo with additional colours and styling.
i. IDFC Mutual Fund was earlier a part of the IDFC group, was acquired by a Bandhan Financial Holdings-led consortium in April 2022 comprising Bandhan Financial Holdings Limited (BFHL), GIC, and ChrysCapital. The deal was approved by the Securities and Exchange Board of India (Sebi) in November 2022. - Name the bank that has recently (in March ‘23) introduced a Special Retail Term Deposit with 0.05% Higher Interest Rate to Women.
1) State Bank of India
2) Bank of Maharashtra
3) Canara Bank
4) Union Bank of India
5) Indian BankAnswer-5) Indian Bank
Explanation:
On March 6, 2023, to mark International Women’s Day (March 8, 2023), Indian bank has introduced a Special Retail Term Deposit Product named “IND Super 400 Days,” with 0.05% higher interest rate to women investors and fixed maturity tenor of 400 days in the form of FD/MMD (Fixed deposits/Money Multiplier Deposits).
• Deposit Amount: Minimum – Rs.10000, Maximum – Less than Rs. 2 Crore (Bulk deposits of Rs.2 crore & above are not eligible). Period of Deposit – 400 Days.
i. Similar to “IND Super 400 Days,” on December 19, 2022, Indian Bank introduced the “IND SHAKTI 555 DAYS” special retail term deposit product for investments ranging from Rs 5000 to less than 2 crore for 555 days in the form of FD/MMD with callable options.
ii. Indian Bank has increased the interest rate on FDs (Fixed Deposits) with tenure of 2 years to less than 3 years by 20 basis points (bps) from 6.50% to 6.70%.
iii. For deposits up to 10 crores, Indian Bank offers senior citizens an additional 0.50% annual rate of interest on domestic term deposits that are made for 15 days to 10 years. - Which organisation has recently (in March ‘23) signed an agreement with ‘Euronav’ to secure the purchase of a Very Large Crude Carrier (VLCC)?
1) United Nations Framework Convention on Climate Change
2) International Maritime Organization
3) United Nations Environment Programme
4) United Nations Development Programme
5) International Seabed AuthorityAnswer-4) United Nations Development Programme
Explanation:
On 9th March 2023, the United Nations Development Programme (UNDP) signed an agreement with Euronav, a Belgian international shipping enterprise, to secure the purchase of a Very Large Crude Carrier (VLCC) as part of the UN-coordinated operation to remove more than a million barrels of oil from a decaying tanker off Yemen’s Red Sea coast that threatens a humanitarian and environmental catastrophe.
• The VLCC has reportedly been sold for USD 55 million. It is expected to arrive in early May 2023 for the operation. - Which of the following points is/are “correct” with respect to the 95th Academy Awards 2023/Oscars 2023 held at Dolby Theatre at Ovation Hollywood in Los Angeles, United States (US) in March 2023?
A) American Film ‘Everything Everywhere All at Once’ was 2023’s most-nominated film, with 10 total nominations.
B) Film “RRR” (Rise, Roar, Revolt) became the first Indian film to win an Oscar with the category Best Original Song.
C) The Elephant Whisperers became the first Indian film to win an Oscar in the ‘Best Documentary Short film’ category.
1) Only C
2) Only A & B
3) Only B & C
4) Only A & C
5) All A, B, CAnswer-3) Only B & C
Explanation:
On March 12, 2023, the 95th Academy Awards 2023/Oscars 2023 held at Dolby Theatre at Ovation Hollywood in Los Angeles, United States (US). It has honoured movies released in 2022 in 23 categories. The ceremony for the same was held by the US’ Academy of Motion Picture Arts and Sciences (AMPAS).
i. American Film ‘Everything Everywhere All at Once’ was 2023’s most-nominated film, with 11 total nominations. It was followed by All Quiet on the Western Front and The Banshees of Inisherin with 9 nominations each.
ii. The song Naatu Naatu from Telugu-language film RRR (Rise, Roar, Revolt) became the first Indian film song to win an Oscar. It won Best Original Song. It is sung by Kaala Bhairava and Rahul Sipligunj
iii. The Elephant Whisperers became the first Indian film to win an Oscar in the ‘Best Documentary Short film’ category. It was produced by Guneet Monga and directed by Kartiki Gonsalves. - Who has been recently (in March ‘23) appointed as the Interim Chairman of Life Insurance Corporation of India (LIC) for a period of 3 months?
1) Ipe Mini
2) Siddhartha Mohanty
3) M Jagannath
4) Mangalam Ramasubramanian Kumar
5) Bishnu Charan PatnaikAnswer-2) Siddhartha Mohanty
Explanation:
Siddhartha Mohanty, one of the Managing Directors(MD) of Life Insurance Corporation of India (LIC), has been appointed as the Interim Chairman of LIC for a period of 3 months or till the assumption of the charge by the regular appointee with effect from 14th March 2023.
• The term of the current Chairman of LIC, Mangalam Ramasubramanian Kumar, will be completed on 13th March 2023.
• This appointment is in addition to his existing duties as MD of LIC.
i. He also served as the MD and Chief Executive Officer(CEO) of LIC HFL from 2019 to 2021.
ii. He has been serving as the MD of LIC since 1st February 2021 in place of TC Suseel Kumar who retired on 31st January 2021. - When was World Rotaract Day 2023 observed across the globe?
1) 13th March 2023
2) 12th March 2023
3) 11th March 2023
4) 10th March 2023
5) 9th March 2023Answer-1) 13th March 2023
Explanation:
World Rotaract Day is annually observed across the globe on March 13 to recognise and appreciate the services provided by Rotaractors, and members of Rotaract Clubs (‘Rotaract’ stands for ‘Rotary in Action’).
• World Rotaract Week is annually observed on the week on which World Rotaract day (13th March) is observed. the week is celebrated to honour the beginning of the first club in 1968.
• World Rotaract Week 2023 was observed from 13th March to 19th March 2023.
i. 13th March 2023 marks the observance of the 55th anniversary of the formation of the 1st Rotaract club in 1968 in North Carolina, United States of America (USA).
ii. “Service Above Self” and “He Profits Most Who Serves Best” are the official mottoes of Rotary.
iii. The Presidential theme of Rotary for the year 2022-2023 is “Imagine Rotary”.
- Which of the following points is/are “correct” with respect to the approval made by the Mission for Integrated Development of Horticulture (MIDH) to set up new Centers of Excellence (CoEs) for horticulture crops in March 2023?
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