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- Which company recently (in March ‘23) signed an MoU with India Post to help MSMEs (Micro, Small, and Medium Enterprises) and enhance e-commerce?
1) Shiprocket
2) Pickrr
3) Blue Dart
4) Both 1 & 2
5) Both 2 & 3Answer-4) Both 1 & 2
Explanation:
On 17th March 2023, India Post, a government-operated postal system, signed a Memorandum of Understanding (MoU) with logistics aggregator firms Shiprocket and Pickrr to help MSMEs (Micro, Small, and Medium Enterprises) and enhance last-mile e-commerce delivery services across India.
i. According to the MoU, India Post and Shiprocket will provide shipping and last-mile delivery services to Shiprocket’s three lakhs strong seller base which includes many startups and small and medium-sized enterprises (SMEs).
ii. In December 2022, Shiprocket signed an MoU with the Federation of Indian Export Organisations (FIEO) to support MSME exporters in India in showcasing their products on the Indian Business Portal (IBP). - In March 2023, the Ministry of Steel signed ___________ MoUs with 27 companies for worth Rs. 6322 crores under the Production Linked Incentive (PLI) Scheme for specialty steel.
1) 27
2) 35
3) 37
4) 45
5) 57Answer-5) 57
Explanation:
The Ministry of Steel signed 57 Memorandums of Understanding (MoUs) with 27 companies covering 20 sub-categories for specialty steel under the Rs. 6322 crores Production Linked Incentive (PLI) Scheme at an event held at Vigyan Bhawan in New Delhi, Delhi.
• During the event, the Pellet Manufacturers Association of India (PMAI) released a booklet highlighting pellets as a value-added product, the manufacturing process, and the future of the industry in India.
i. The PLI scheme includes all of India’s leading steelmakers, notably Tata Steel, JSW Steel, the Steel Authority of India, ArcelorMittal Nippon Steel India, and Jindal Steel & Power, either directly or through subsidiaries.
• MOUs for 8 product categories have been signed by Tata Steel Ltd, Tata Steel Long Products Limited, and The Tinplate Company of India Limited.
ii. The Union Cabinet approved the PLI Scheme for specialty steel in July 2021, with a 5-year financial investment of Rs. 6322 crore.
iii. Despite being the world’s second-largest steel manufacturer, India still imports specialty steel. - Which city was recently (in March ‘23) declared as the First Tourism & Cultural Capital of the Shanghai Cooperation Organization (SCO)?
1) Kashi, Uttar Pradesh
2) Rishikesh, Uttarakhand
3) Mathura, Uttar Pradesh
4) Shimla, Himachal Pradesh
5) Rameswaram, Tamil NaduAnswer-1) Kashi, Uttar Pradesh
Explanation:
On 17th March 2023, ‘Kashi’ was declared the First Tourism & Cultural Capital of the Shanghai Cooperation Organization (SCO) at the Meeting of Heads of SCO Tourism Administrations held in Kashi, Varanasi, Uttar Pradesh.
• The action plan for “Year of Tourism Development in the SCO Space in 2023” was also adopted at the meeting.
Note: The next meeting of the SCO Heads of Tourism Administrations was scheduled to be held in Kazakhstan in 2024. - Which state/UT has recently (in March ‘23) listed among TIME Magazine’s top 50 “World’s Greatest Places of 2023” along with Mayurbhanj District, Odisha?
1) Goa
2) Kerala
3) Ladakh
4) Himachal Pradesh
5) LakshadweepAnswer-3) Ladakh
Explanation:
India’s Mayurbhanj District in Odisha and the Union Territory (UT) of Ladakh were listed among TIME Magazine’s list of “World’s Greatest Places of 2023,” which is highlighting top 50 extraordinary destinations across the globe to explore.
• The Mayurbhanj and Ladakh have been selected for their ‘rare tigers and ancient temples’, and ‘adventures and eats’, respectively.
i. The list includes 50 ‘far-flung and familiar spots’ from Giza and Saqqara in Egypt to the gastronomy hot spot of Dijon, France.
ii. The magazine mentioned the Mayurbhanj Chhau, a captivating dance festival on UNESCO’s (United Nations Educational, Scientific and Cultural Organization) Intangible Cultural Heritage list will take place on a much larger scale in April 2023.
iii. Ladakh, the farthest-flung part of North India was mentioned as having astonishing alpine landscapes with Tibetan Buddhist culture. - Name the water treatment company that has recently (in March ‘23) won Rs 800 crore project funded by the World Bank and Asian Infrastructure Investment Bank (AIIB) in Bangladesh.
1) Thermax India
2) VA Tech Wabag
3) Aqua Innovative Solutions
4) Hindustan Dorr-Oliver
5) Siemens IndiaAnswer-2) VA Tech Wabag
Explanation:
Chennai (Tamil Nadu)- based VA Tech Wabag Ltd, a water technology firm, has won an Rs 800 crore project funded by the World Bank and Asian Infrastructure Investment Bank (AIIB) in Bangladesh.
• VA Tech Wabag will design, build and operate a sewage treatment plant with a capacity of 200 million litres per day(MLD) in Dhaka, Bangladesh.
• This project has the potential to be expanded to 600 MLD in the future. - Which company has recently (in March ‘23) approved the appointment of Anup Bagchi as Managing Director (MD) and Chief Executive Officer (CEO) for 5 years?
1) Pramerica Life Insurance
2) ICICI Prudential Life Insurance
3) Life Insurance Corporation of India
4) Bajaj Allianz Life Insurance
5) HDFC Life InsuranceAnswer-2) ICICI Prudential Life Insurance
Explanation:
The board of ICICI Prudential Life Insurance Company Limited (ICICI Prudential Life) approved the appointment of Anup Bagchi, who is presently serving as Executive Director (ED) of ICICI Bank Limited, as Managing Director (MD) and Chief Executive Officer (CEO) for 5 years with effect from 19th June 2023.
i. Anup Bagchi will succeed N S Kannan, the current MD & CEO who will superannuate from his services after the completion of his term in June 2023.
ii. The Board of ICICI Prudential Life has also approved his appointment as the Executive Director & COO (Chief Operating Officer) with effect from May 1, 2023.
iii. Anup Bagchi has been with the ICICI Group since 1992. In 2017, he was appointed as an Executive Director of ICICI Bank. - Name the personality who has recently (in March ‘23) elevated from Chief Executive Officer (CEO) of boAt to the position of Chairman.
1) Anish Saraf
2) Aman Gupta
3) Vivek Gambhir
4) Sameer Mehta
5) Purvi ShethAnswer-3) Vivek Gambhir
Explanation:
On 16th March 2023, boAt, an electronics brand, owned by Imagine Marketing Limited elevated Vivek Gambhir, Chief Executive Officer (CEO) of boAt, to the position of Chairman.
• Before joining boAt, he worked as a whole-time Director at Godrej Consumers Products. He also worked as a partner with Bain & Company.
i. Meanwhile, Sameer Mehta, co-founder and Chairman of boAt, has been named as the CEO of boAt. - In March 2023, Timothy David Paine (Tim Paine), a former ____________ (country)Test Cricket Captain, announced his retirement from first-class cricket.
1) England
2) Australia
3) Netherlands
4) West Indies
5) New ZealandAnswer-2) Australia
Explanation:
Wicketkeeper Timothy David Paine (Tim Paine) (38-year old), a former Australia Test Cricket Captain, announced his retirement from first-class cricket following the conclusion of the Sheffield Shield first-class match of Tasmania against Queensland at Blundstone Arena, Australia.
• Between early 2018 and early 2021, wicketkeeper Paine led Australia in 23 tests while participating in 35 tests overall.
• With Steve Smith’s resignation from the captaincy during Australia’s 2018 tour of South Africa, Tim Paine became the 46th Test captain of Australia. - What is the theme of 6th Global Recycling Day 2023 that was observed across the globe on 18th March 2023?
1) Recycling Heroes
2) Recycling into the Future
3) Recycling Fraternity
4) Let’s Get Real
5) Creative InnovationAnswer-5) Creative Innovation
Explanation:
The 6th Global Recycling Day 2023 was observed across the globe on 18th March 2023 with the theme of “Creative Innovation”.
i. The day is observed to raise awareness of the importance of recycling and encourage people to take action to reduce waste and protect the environment. - Ashok Gehlot, Chief Minister (CM) of Rajasthan recently (in March ‘23) announced the formation of 19 new districts & 3 new divisional headquarters in the State, which brings the total number of districts in Rajasthan to________.
1) 60
2) 53
3) 45
4) 50
5) 40Answer-4) 50
Explanation:
Ashok Gehlot, Chief Minister (CM) of Rajasthan announced the state government’s decision for the formation of 19 new districts and 3 new divisional headquarters in the State.
i. The new districts are being created for the first time since 2008 and due to the addition of new districts the total number of districts in the state was increased to 50.
ii. With 50 districts, Rajasthan now has the third highest number of districts in the country after Uttar Pradesh (71) and Madhya Pradesh (53) as of March 2023.
iii. The state govt has allocated Rs 2,000 crore for the first phase of the development of infrastructure for the new districts.
iv. The state government has increased the Chiranjeevi Health Insurance scheme package from Rs 10 lakh to Rs 25 lakh.
- Which company recently (in March ‘23) signed an MoU with India Post to help MSMEs (Micro, Small, and Medium Enterprises) and enhance e-commerce?
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