AffairsCloud brings you the complete and important daily Current Affairs Quiz 17 February 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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- As per the International Monetary Fund’s (IMF) World Economic Outlook (WEO) update in January 2023, India’s growth is projected to decline from 6.8% in 2022 to _________ in 2023.
1) 6.3%
2) 6.1%
3) 5.7%
4) 6.5%
5) 5.9%Answer-2) 6.1%
Explanation:
As per the International Monetary Fund’s (IMF) World Economic Outlook (WEO) update, January 2023, growth in India is projected to decline from 6.8% in 2022 to 6.1% in 2023 before rising to 6.8% in 2024.
i. Global growth: It is projected to reduce from an estimated 3.4% in 2022 to 2.9% in 2023, then rise to 3.1% in 2024.
• The growth forecast for 2023 is 0.2 percentage points higher than predicted in the October 2022 WEO.
• Global growth projected for 2023 and 2024 is below the historical (2000–19) annual average of 3.8%.
ii. Global Inflation: As per the IMF WEO, global inflation is expected to reduce from 8.8% in 2022 to 6.6% in 2023 and 4.3% in 2024 but between 2017 and 2019 (pre-pandemic period), inflation averaged about 3.5%. - The Reserve Bank of India (RBI) (in Feb ‘2023) has granted in-principle approval to ____________existing online non-bank Payment Aggregators (PAs) and 19 new PAs to operate as online PAs.
1) 32
2) 40
3) 39
4) 29
5) 43Answer-1) 32
Explanation:
On 15 February 2023, the Reserve Bank of India (RBI) granted in-principle approval to 32 existing online non-bank Payment Aggregators (PAs) and 19 new PAs to operate as online PAs.
i.Existing PAs: Approved firms of existing PAs include Amazon (Pay) India Private Limited, Google India Digital Services Private Limited, Pine Labs Private Limited, Razorpay Software Private Limited, Reliance Payment Solutions Limited, Zomato Payments Private Limited among others.
ii.New PAs: Approved firms of new PAs include Hitachi Payment Services Private Limited, Juspay Technologies Private Limited, Payment Gateway Solutions Private Limited, Tata Payments Limited, Zoho Payment Technologies Private Limited among others. - Which regulatory body recently (in Feb ‘2023) introduced the Issue Summary Document(ISD) for filing IPO papers in XBRL (eXtensible Business Reporting Language) format?
1) Reserve Bank of India
2) Securities and Exchange Board of India
3) Insurance Regulatory & Development Authority of India
4) National Bank for Agriculture and Rural Development
5) Competition Commission of IndiaAnswer-2) Securities and Exchange Board of India
Explanation:
On 15 February 2023, the Securities and Exchange Board of India (SEBI) introduced the Issue Summary Document (ISD) for filing papers pertaining to IPO (Initial Public Offer) and for further issue of securities in XBRL (eXtensible Business Reporting Language) format to make available relevant information at the stock exchanges and depositories in a structured manner - Which Bank has recently (in Feb ‘2023) launched the e-BG (Electronic Bank Guarantee) scheme in collaboration with the National E-Governance Services Limited (NeSL)?
1) Bank of Baroda
2) Indian Bank
3) Union Bank of India
4) State Bank of India
5) Indian Overseas BankAnswer-5) Indian Overseas Bank
Explanation:
In February 2023, the Indian Overseas Bank launched e-BG (Electronic Bank Guarantee i.e. BG in a digital mode) scheme in collaboration with the National E-Governance Services Limited (NeSL).
i.e-BG are issued instantly in a completely paperless mode with digital stamping and digital signature i.e. replacing the existing issuance of Paper-based bank guarantees through physical stamping and wet signatures which would take 3-5 days.
ii.NeSL’s Digital Document Execution (DDE) platform, provides e-Stamp and e-Sign functions. In September 2022, HDFC Bank, as the first bank in India, issued an e-BG in partnership with NeSL. - Which United Nations organisation has recently (February 23) won a gold and a silver award at the 2nd Annual Anthem Awards for its “Don’t Choose Extinction” campaign?
1) United Nations Population Fund
2) United Nations Environment Programme
3) United Nations Development Programme
4) United Nations Human Settlements Programme
5) United Nations Children’s FundAnswer-3) United Nations Development Programme
Explanation:
On 15th February 2023, The ‘Don’t Choose Extinction’ campaign of the United Nations Development Programme(UNDP) won 2 awards – a gold and silver, under Awareness & Media Categories (Nonprofit), at the 2nd Annual Anthem Awards.
i.Gold winner: under Sustainability, Environment & Climate – Non-Profit Campaign category
ii.Silver Winner: under Sustainability, Environment & Climate – Global Awareness Campaign category - Nicola Ferguson Sturgeon has recently (in Feb ‘23) announced her resignation as First Minister of ____________(country).
1) England
2) Scotland
3) Germany
4) Italy
5) CyprusAnswer-2) Scotland
Explanation:
On 15th February 2023, Nicola Ferguson Sturgeon announced her resignation as First Minister of Scotland and leader of the Scottish National Party (SNP) at a press conference in Edinburgh, Scotland.
i.Nicola Sturgeon will remain in office until her successor was elected and will remain a member of the Scottish Parliament.
ii. She has been serving as the first Minister of Scotland since 2014, is the longest-serving First Minister of Scotland and she was the first female First Minister of Scotland and the first woman to lead any of the devolved United Kingdom (UK) administrations. - Which company recently (in Feb ‘23) got approval from the Competition Commission of India (CCI) for the acquisition of certain assets of Jaiprakash Associates Limited and its associates?
1) Binani Cement Limited
2) Ramco Cements Limited
3) Prism Johnson Limited
4) Ambuja Cements Limited
5) Dalmia Cement (Bharat) LimitedAnswer-5) Dalmia Cement (Bharat) Limited
Explanation:
On 15th February 2023, the Competition Commission of India (CCI) approved the acquisition of certain assets of Jaiprakash Associates Limited and its associates by Dalmia Cement (Bharat) Limited.
i. It constitutes an acquisition under the terms of Section 5(a)(i) (A) of the Competition Act, 2002. - Name the new beetle species that was recently (in Feb ‘2023) discovered by Aparna Sureshchandra Kalawate, Scientist from the Zoological Survey of India (ZSI), Western Regional Centre (WRC), Pune, Maharashtra.
1) Mimela splendens
2) Omorgus Khandesh
3) Triamyxa coprolithica
4) Mountain pine beetle
5) Scarabaeus sacerAnswer-2) Omorgus Khandesh
Explanation:
Scientist Aparna Sureshchandra Kalawate, working with Zoological Survey of India(ZSI), Western Regional Centre (WRC), Pune, Maharashtra, has discovered a new beetle species of the Trogidae family named “Omorgus Khandesh” in India.
i.The paper, co-authored by Werner P Strümpher of the Ditsong National Museum of Natural History, Pretoria, South Africa was published in New Zealand-based journal Zootaxa.
ii.Omorgus Khandesh, a necrophagous(feeds on dead or decaying animal flesh), is also called a keratin beetle. It helps to detect the time of death of an animal or human. - Arjuna Awardee ‘Tulsidas Balaram’ Passed Away (in February 2023).
In which field did he receive the Arjuna Award in 1962?
1) Football
2) Archery
3) Hockey
4) Boxing
5) AthleticsAnswer-1) Football
Explanation:
On 16th February 2023, Legendary Indian football player and two-time Olympian Tulsidas Balaram (Tulsidas Balaraman), an Arjuna Awardee, passed away in Kolkata, West Bengal, at the age of 87. He was born on 4th October 1936 in Ammuguda village near Secunderabad, state of Hyderabad, British India(Secunderabad, Telangana).
i.He was awarded the Arjuna Award in 1962 for his contribution to Indian Football.
ii. He made his international debut representing India at the 1956 Melbourne Olympics in Australia. He also competed at the 1960 Olympics in Rome, Italy, and scored India’s first goal of the tournament against Hungary.
iii.He was a part of the Indian Football team that won the gold in the 1962 Asian Games in Jakarta, Indonesia. - Which municipal corporation has recently (in Feb ‘2023) raised Rs 720 crores through their green bonds for developing a 60-megawatt solar plant?
1) Aurangabad Municipal Corporation
2) Indore Municipal Corporation
3) Amravati Municipal Corporation
4) Gangtok Municipal Corporation
5) Cuttack Municipal CorporationAnswer-2) Indore Municipal Corporation
Explanation:
Indore Municipal Corporation (IMC) has successfully managed to raise about Rs 720 crores through their green bonds which will be utilized for developing a 60-megawatt solar plant.
i.The green bonds floated by the IMC as a public issue for setting up solar power plants attracted a subscription of around Rs 721 crore from investors.
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