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Current Affairs Quiz: 16 June 2023

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 16 June 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.

Our Current Affairs June 2023 events will help you to get more marks in Banking, Insurance, SSC, Railways, UPSC, CLAT and all State Government Exams. Also, try our Current Affairs Quiz.

  1. Which of the following point is/are “Incorrect” with respect to the event organised recently (in June ‘23) as a part of the Global Wind Day 2023 (15th June 2023) in New Delhi, Delhi by Bhupinder Singh Bhalla, Secretary, Ministry of New and Renewable Energy(MoNRE), who felicitated Indian states for being the top achiever during the financial year(FY) 2022-2023?
    A) Rajasthan was honoured for achieving the highest wind capacity addition.
    B) Gujarat was honoured for achieving the highest wind capacity addition through open access.
    C) Maharashtra was honoured for initiating the repowering of wind turbines.

    1) Only A
    2) Only B
    3) Only C
    4) Both A & B
    5) Both B & C
    Answer-3) Only C
    Explanation:
    On the event organised as a part of the Global Wind Day 2023 (15th June 2023) in New Delhi, Delhi, Bhupinder Singh Bhalla, Secretary, Ministry of New and Renewable Energy(MoNRE) felicitated Rajasthan, Gujarat, and Tamil Nadu (TN) for being the top achiever during the financial year(FY) 2022-2023.
    • Rajasthan was honoured for achieving the highest wind capacity addition.
    • Gujarat was honoured for achieving the highest wind capacity addition through open access.
    • Tamil Nadu was honoured for initiating the repowering of wind turbines.
    i.According to the data of MoNRE, India ranks 4th in the Wind power capacity in the world.

  2. Jettwings Airways, __________ -based airline has recently (in June ‘23) received the No objection certificate (NOC) from the Ministry of civil Aviation (MoCA) to operate as ‘Schedule Commuter Air Transport Services‘, also becomes the first-ever company from the Northeast region to start airline operations in India.
    1) Assam
    2) Manipur
    3) Mizoram
    4) Arunachal Pradesh
    5) Tripura
    Answer-1) Assam
    Explanation:
    On 14th June 2023, Jettwings Airways, a Guwahati (Assam)-based airline received the No objection certificate (NOC) from the Ministry of civil Aviation (MoCA) to operate as ‘Schedule Commuter Air Transport Services‘ in the North eastern regions of India and aims to begin its services from October 2023. With this, Jettwings becomes the first-ever company from the Northeast region to start airline operations in India.
    i.Jettwings Airways plans to offer regional connectivity to passengers under the Centre’s Regional Connectivity Scheme (RCS) – Ude Desh Ka Aam Nagrik (UDAN) to several destinations in the Northeast and eastern Indian regions initially.

  3. Titagarh Rail Systems Limited- Bharat Heavy Electricals Limited (TRSL-BHEL) has recently (in June ‘23) inked a contract worth _________ with Indian Railways to Manufacture 80 fully assembled Vande Bharat Sleeper Train by 2029 and their maintenance for 35 years.
    1) Rs 29,000 crore
    2) Rs 40,000 crore
    3) Rs 18,000 crore
    4) Rs 24,000 crore
    5) Rs 34,000 crore
    Answer-4) Rs 24,000 crore
    Explanation:
    A consortium of Bharat Heavy Electricals Limited (BHEL), Central Public Sector Undertaking (CPSU) and Titagarh Rail Systems Limited (TRSL), formerly known as Titagarh Wagons Limited (TWL), bagged a contract worth Rs 24,000 crore with the Indian Railways to manufacture 80 fully assembled Vande Bharat Sleeper Train by 2029 and their maintenance for 35 years.
    • The first prototype will be delivered within 2 years.
    i.Mobility Solutions Ltd (MSL) bagged a contract worth Rs 100 crore from Indian Railways for delivering and installing several essential components for India’s first indigenous semi-high speed Vande Bharat Express

  4. Name the new fellowship programme that was recently (in June ‘23) launched by The Government of India to connect the Indian STEMM (Science, Technology, Engineering, Math and Medicine) diaspora with Indian institutions.
    1) India Fellow Program
    2) LAMP Fellowship Programme
    3) Teach for India Fellowship Programme
    4) VAIBHAV Fellowship Programme
    5) Gandhi Fellowship Program
    Answer-4) VAIBHAV Fellowship Programme
    Explanation:
    On 15th June 2023, The Government of India has launched VAIBHAV(Vaishvik Bharatiya Vaigyanik), a new fellowship programme to connect the Indian STEMM (Science, Technology, Engineering, Math and Medicine) diaspora with Indian institutions.
    • As a first step the Government is announcing VAIBHAV Fellowship Call-2023.
    • The VAIBHAV programme will be implemented by the Department of Science and Technology (DST), Ministry of Science and Technology.

  5. Which company has recently (in June ‘23) ranked 1st in Asia and placed among the top 10 companies globally in the Renewable Energy sector by the Institutional Shareholder Services (ISS) ESG (Environmental, Social, and Governance) Ratings?
    1) Adani Green Energy Limited
    2) Invenergy
    3) Solar Warrior
    4) Gurin Energy Limited
    5) Risen Energy Limited
    Answer-1) Adani Green Energy Limited
    Explanation:
    On 15th June 2023, Adani Green Energy Limited (AGEL), India’s largest renewable power producer and the Renewable Energy (RE) arm of the diversified Adani portfolio, has been ranked 1st in Asia and among the top 10 companies globally in the Renewable Energy sector by the Institutional Shareholder Services (ISS) ESG (Environmental, Social, and Governance) Ratings.• AGEL has been placed in the ‘Prime’ (B+) band, recognizing its strong ESG disclosure practices and high level of transparency.
    • By this achievement, AGEL is a step closer to achieving its target of being rated among the top 10 ESG companies in the world in the electric utility sector by the Financial Year 2024-25 (FY25)

  6. The US Green Building Council (USGBC) and Green Business Certification Inc. (GBCI) have recently (in June ‘23) notified __________ (Country) as a global leader with Leadership in Energy and Environmental Design (LEED) Zero green building projects outperforming both the United States and China.
    1) Germany
    2) France
    3) Russia
    4) India
    5) Japan
    Answer- 4) India
    Explanation:
    On 15th June 2023, The US Green Building Council (USGBC) and Green Business Certification Inc. (GBCI) have notified that the India as a global leader with Leadership in Energy and Environmental Design (LEED) Zero green building projects outperforming both the United States and China.
    • The United States and China stands 2nd and 3rd in the LEED Zero certifications, with 47 (30%) and 15 (10%) certifications
    India’s Performance:
    i.India has 73 LEED Zero certified projects, comprising 45% of the more than 150 total LEED Zero certifications with Haryana and Tamil Nadu leading the way in certifications.

  7. Which state’s startup, Farmers Fresh Zone (FarmersFZ), has recently (in June ‘23) been selected for the United Nations (UN) Accelerator Programme hosted by the UN’s Food and Agriculture Organisation (FAO)?
    1) Andhra Pradesh
    2) Telangana
    3) Karnataka
    4) Tamil Nadu
    5) Kerala
    Answer-5) Kerala
    Explanation:
    A Kerala-based startup, Farmers Fresh Zone (FarmersFZ), has been selected for the United Nations (UN) Accelerator Programme hosted by the UN’s Food and Agriculture Organisation (FAO).
    • FarmersFZ has been included in a list of 12 agri-food startups around the world for the UN to develop business.
    • Note – ‘UN Food Systems Summit Stocktaking Moment’ will take place in Rome, Italy, from July 24–26, 2023

  8. Which payment platform has recently (in June ‘23) launched its new Payment Gateway for MSME (Micro, Small & Medium Enterprises) merchants by offering a limited-period deal of free onboarding with no hidden charges, setup fees, or annual maintenance fees.
    1) PayPal
    2) Razorpay
    3) PhonePe
    4) Google Pay
    5) Paytm
    Answer-3) PhonePe
    Explanation:
    On June 14, 2023, PhonePe officially launched the PhonePe Payment Gateway new MSME (Micro, Small & Medium Enterprises) merchants by offering a limited-period deal of free onboarding with no hidden charges, setup fees, or annual maintenance fees. This is in contrast to most payment gateways that typically charge a standard transaction fee of 2%.

  9. Name the bank that has recently (in June ‘23) launched a facility named ‘Active Money’ or Flexi Fixed Deposit, which provides Current/Savings Account holders with fixed deposit (FD)-like interest rates of up to 7% per annum.
    1) Kotak Mahindra Bank
    2) YES Bank
    3) Axis Bank
    4) ICICI Bank
    5) HDFC Bank
    Answer- 1) Kotak Mahindra Bank
    Explanation:
    Kotak Mahindra Bank Ltd (KMBL) has launched a facility named ‘Active Money’ or Flexi Fixed Deposit, which provides Current/Savings Account holders with fixed deposit (FD)-like interest rates of up to 7% per annum.
    i.Under the Active money facility, the surplus funds from the customers’ Current/Savings Account are transferred in multiples of Rs 10,000 to a 180-day FD whenever the balance in Current/Savings Account crosses above a threshold (specified by the account variety).

  10. The Reserve Bank of India (RBI) has recently (in June ‘23) approved the re-appointment of _______________ as the managing director (MD) and chief executive officer (CEO) of Equitas Small Finance Bank (SFB) for a 3-year term with effect from July 23, 2023.
    1) Atanu Chakraborty
    2) Girish Chandra Chaturvedi
    3) Rajiv Lall
    4) P N Vasudevan
    5) Shanti Lal Jain
    Answer-4) P N Vasudevan
    Explanation:
    The Reserve Bank of India (RBI) has approved the re-appointment of P N Vasudevan as the managing director (MD) and chief executive officer (CEO) of Equitas Small Finance Bank (SFB) for a 3-year term with effect from July 23, 2023.
    Equitas Holdings Ltd has surrendered its NBFC licence to RBI
    i.As per the statement of RBI, Non-Banking Financial Company (NBFC) Equitas Holdings Ltd has surrendered its Certificate of Registration (CoR) (i.e. the NBFC Licence) granted to them by RBI.
    ii.Following the submission of the licence, RBI has cancelled Equitas Holdings’ CoR (certificate of registration) in the exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934.