AffairsCloud brings you the complete and important daily Current Affairs Quiz 19 August 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 August 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.
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- Which of the following points is/are “correct” with respect to the Visit of Droupadi Murmu, President of India to West Bengal in August 2023?
A) President Droupadi Murmu launched the Indian Naval Ship (INS) Vindhyagiri, the sixth ship of project 17A of Indian Navy (IN) at Garden Reach Shipbuilders Engineers (GRSE) Limited facility on the banks of Hooghly river in Kolkata, WB.
B) INS Vindhyagiri is named after the mountain range in Karnataka, it is the sixth of seven ships being built under Project 17A (Alpha) Frigates.
C) The President launched the ‘My Bengal, Addiction Free Bengal’ Campaign under the ‘Nasha Mukt Bharat Abhiyan‘, organized by Brahma Kumaris at Raj Bhavan, Kolkata.
1) All A, B & C
2) Only A & C
3) Only B & C
4) Only A & B
5) Only A
Answer & Explanation
Answer-1) All A, B & C
Explanation:
On 17th August 2023, Droupadi Murmu, President of India, visited West Bengal(WB). This mark’s her 2nd visit to West Bengal as President of India.
• During her 1-day visit to Kolkata, WB, she launched the ‘My Bengal, Addiction Free Bengal’ Campaign and INS (Indian Naval Ship) ‘Vindhyagiri‘(Y – 3024), a Project 17A Frigate (Shivalik Class).
i. President Droupadi Murmu launched the Indian Naval Ship (INS) Vindhyagiri, the sixth ship of project 17A of Indian Navy (IN) at Garden Reach Shipbuilders Engineers (GRSE) Limited facility on the banks of Hooghly river in Kolkata, WB.
ii. INS Vindhyagiri is named after the mountain range in Karnataka, it is the sixth of seven ships being built under Project 17A (Alpha) Frigates.
iii. The President launched ‘My Bengal, Addiction Free Bengal’ Campaign under the ‘Nasha Mukt Bharat Abhiyan‘, organized by Brahma Kumaris at Raj Bhavan, Kolkata.
- Which country’s Air Force has recently (in August ‘23) received the Dornier 228 maritime surveillance aircraft from the Indian Navy?
1) Seychelles
2) Maldives
3) Sri Lanka
4) Indonesia
5) United Arab Emirates
Answer & Explanation
Answer-3) Sri Lanka
Explanation:
On August 16, 2023, India presented the Indian Navy’s Dornier 228 maritime surveillance aircraft to the Sri Lanka Air Force(SALF) at the event in Katunayake SLAF Base, Colombo, SriLanka.
• On the occasion of India’s 77th Independence day celebration,the high commissioner of India, Gopal Baglay ceremonially handed over the aircraft to Mr. Sagala Ratnayaka, the Chief of Staff and Senior Adviser to the President on National Security.
i. The 19-seater Dornier 228 aircraft is a highly versatile multi-purpose light transport aircraft.
ii. Dornier 228 was designed and manufactured for the first time by Dornier GmbH (a German aircraft manufacturer).
- Which bank has recently (in August ‘23) emerged as the top performer among public sector lenders in terms of loan and deposit growth in percentage during the first Quarter (Q1) of the current financial year (FY24)?
1) State Bank of India
2) Bank of Baroda
3) Bank of Maharashtra
4) Bank of India
5) Indian Overseas Bank
Answer & Explanation
Answer- 3) Bank of Maharashtra
Explanation:
Bank of Maharashtra (BoM), an Indian Public Sector Bank(PSB), has emerged as the top performer among public sector lenders in terms of loan and deposit growth in percentage during the first Quarter (Q1) of the current financial year (FY24).
i. Its deposit and advances recorded around 25% rise, the highest by any PSB, during the April-June quarter.
ii. According to the recently published quarterly data of PSBs, BoM’s gross domestic advances surged by 24.98%, reaching a total of Rs. 1,75,676 crore at the end of June 2023.
• BoM was followed by UCO Bank with a growth rate of 20.70% in the 2nd spot.
• Bank of Baroda (BoB) with 16.80% and Indian Overseas Bank (IOB) with 16.21% growth rates are at 3rd and 4th spots, respectively.
• India’s largest lender State Bank of India (SBI) stood at the 5th spot with a 15.08% rise in domestic advances growth.
- Which bank has recently (in August ‘23) launched Visa multi-branded credit card in partnership with British Airways Executive Club and Qatar Airways Privilege Club?
1) IndusInd Bank
2) HDFC Bank
3) ICICI Bank
4) YES Bank
5) Axis Bank
Answer & Explanation
Answer- 1) IndusInd Bank
Explanation:
IndusInd Bank Limited launched first-of-its-kind Visa multi-branded credit card “IndusInd Bank Avios Visa Infinite Credit Card” in partnership with British Airways Executive Club and Qatar Airways Privilege Club.
i. This card aims to offer best-in-class rewards and benefits to customers, across travel, wellness and lifestyle experiences.
ii. Avios, the rewards currency for British Airways Executive Club and Qatar Airways Privilege Club which can be used for travel rewards, including hotels and car hire.
- Name the bank that has recently (in August ‘23) established 10 start-up cells across various cities in India.
1) Bank of Baroda
2) Bank of India
3) Canara Bank
4) Indian Bank
5) UCO Bank
Answer & Explanation
Answer-4) Indian Bank
Explanation:
Indian Bank, a Public Sector Undertaking (PSU) bank headquartered in Chennai, Tamil Nadu, has established 10 start-up cells across various cities in the country to mark its 117th foundation day (15 August 1907).
i. These cells aim to cater to specialized banking needs and promote the growth of the startup ecosystem in India.
ii. The start-up cells have been set up in Ahmedabad in Gujarat, Bengaluru in Karnataka, Coimbatore & Chennai in Tamil Nadu, New Delhi in Delhi, Gurgaon in Haryana, Guwahati in Assam, Hyderabad in Telangana , Kanpur in Uttar Pradesh, and Mumbai in Maharashtra.
- In August 2023, Crisil estimated that the Indian economy will experience a growth rate of __________ during FY24.
1) 8.3%
2) 6%
3) 7.2%
4) 8.0%
5) 6.5%
Answer & Explanation
Answer-2) 6%
Explanation:
On August 16, 2023, Crisil, a global analytics company, estimated that the Indian economy will experience a growth rate of 6% during FY24, a decline from the 7.2% growth achieved in FY23.
i. The report stated that the global economic slowdown is expected as a result of rising interest rates and the exports may continue to be a drag on industrial output.
ii. Retail inflation in India escalated to 7.44% in July of the current year, surpassing the upper tolerance level set by the Reserve Bank of India (RBI) i.e. 2-6%.
- Which company has recently (in August ‘23) appointed Parminder Chopra as its first woman full-time Chairman and Managing Director (CMD)?
1) Power Finance Corporation Limited
2) National Hydroelectric Power Corporation Limited
3) Rural Electrification Corporation Limited
4) Power Grid Corporation of India Limited
5) Power System Operation Corporation Limited
Answer & Explanation
Answer-1) Power Finance Corporation Limited
Explanation:
With the approval of the Appointments Committee of the Cabinet (ACC), the Power Finance Corporation Limited (PFC) has appointed Parminder Chopra as its first woman full-time Chairman and Managing Director (CMD) effective from (w.e.f) 14th August, 2023.
i. The Ministry of Power has approved Chopra’s appointment “till the date of her superannuation (April 30, 2027) or until further orders.
ii. Power Finance Corporation Limited (PFC) is India’s largest non-banking financial company (NBFC) and a Maharatna Central Public Sector Undertaking(CPSU) under the Ministry of Power.
- Name the company that has recently (in August ‘23) commenced the process of integration of its first state-of-the-art launch vehicle, Agnibaan SOrTeD (Sub-Orbital Technological Demonstrator) from Sriharikota, Andhra Pradesh(AP).
1) AgniKul Cosmos Private Limited
2) Rocket Lab
3) NewSpace India Limited
4) Dhruva Space Private Limited
5) Godrej Security Solutions
Answer & Explanation
Answer-1) AgniKul Cosmos Private Limited
Explanation:
On 15th August 2023, Agnikul Cosmos Private Ltd, a space-tech start-up, commenced the process of integration of its first state-of-the-art launch vehicle, Agnibaan SOrTeD (Sub-Orbital Technological Demonstrator), with its exclusive private launchpad at Satish Dhawan Space Centre (SDSC) SHAR (formerly Sriharikota Range) at Sriharikota, Andhra Pradesh(AP).
i. The integration process is the significant step taken by the Agnikul Cosmos, toward its first controlled sub-orbital flight, which brings Agnikul closer to fulfilling its vision of delivering reliable and affordable access to space.
ii. Agnibaan SOrTeD is a single-stage launch vehicle powered by Agnikul’s patented Agnilet engine, a fully 3D-printed, single-piece, 6 kilonewton (kN) semi-cryogenic engine.
- Which of the following points is “Incorrect” with respect to the Indian Men’s Cricket team toured the West Indies and United States of America against the West Indies cricket team from July to August 2023?
1) India won the two-match Test series against West Indies 1-0 after the rain drew the second Test at the Queen Park Oval, Port of Spain in Trinidad.
2) India Won the ODI series 2-1 by winning 1st & 3rd ODI matches against West Indies.
3) India defeated West Indies by 8 wickets in the 5th and final T20I held on 13th August in Lauderhill in Florida, United States of America(USA).
4) During the 2nd test match against West Indies, India reached 100 runs in 12.2 overs with the partnership between Rohit Sharma and Yashasvi Jaiswal, which is the fastest ever 100 runs a team has ever taken in a test match.
5) Virat Kohli surpassed South Africa’s Jacques Kallis( 25,534 runs in 519 matches)to become the fifth-leading scorer in International cricket during the 2nd test match against West Indies.
Answer & Explanation
Answer-3) India defeated West Indies by 8 wickets in the 5th and final T20I held on 13th August in Lauderhill in Florida, United States of America(USA).
Explanation:
Indian Men’s Cricket team toured the West Indies and United States of America for 2-Test matches, 3-One-Day Internationals(ODI) and 5-Twenty 20 Internationals(T20I) against the West Indies cricket team from 12th July to 13th August 2023.
• Two T20I matches were played in Central Broward Regional Park Stadium, Lauderhill in Florida, United States of America(USA).
• India won the two-match Test series against West Indies 1-0 after the rain drew the second Test at the Queen Park Oval, Port of Spain in Trinidad.
• India won the 1st ODI by 5 wickets against West Indies held on 27th July in the Kensington Oval in Bridgetown, Barbados.
• India won the 3rd ODI by 200 runs held on 1st August 2023 in Brian Lara Stadium in Tarouba, Trinidad & India Won ODI series 2-1 against West Indies.
• West Indies defeated India by 8 wickets in the 5th and final T20I held on 13th August in Lauderhill in Florida, United States of America(USA).
• On 1st July 2023, Indian Off-spinner Ravichandran Ashwin achieved the feat of becoming the 1st Indian bowler to dismiss father and son in Tests when took the wicket of Tagenarine Chanderpaul, son of former great batter Shivnarine Chanderpaul.
• He first dismissed Shivnarine Chanderpaul in his test debut in 2011 in New Delhi.
• He was also the 5th bowler to dismiss a father-son duo in international cricket.
• Virat Kohli surpassed South Africa’s Jacques Kallis( 25,534 runs in 519 matches)to become the fifth-leading scorer in International cricket during the 2nd test match against West Indies.
• Kohli scored 25,548 runs in 500 matches across formats at an average of 53.67, with 75 centuries and 132 half-centuries.
• During the 2nd test match against West Indies, India reached 100 runs in 12.2 overs with the partnership between Rohit Sharma and Yashasvi Jaiswal, which is the fastest ever 100 runs a team has ever taken in a test match.
- Name the company that has recently (in August ‘23) signed an MoU with the North Eastern Handicrafts and Handlooms Development Corporation (NEHHDC) to empower digitisation of the handloom and handicraft sector in northeast India.
1) Vena Solutions
2) iCapital Solutions
3) Addepar Limited
4) Tide Platform Limited
5) Anaplan Limited
Answer & Explanation
Answer-4) Tide Platform Limited
Explanation:
Tide Platform Limited (Tide), a London, United Kingdom(UK)-based Small and Medium-Sized Enterprise (SME) focused financial platform, signed a Memorandum of Understanding (MoU) with North Eastern Handicrafts and Handlooms Development Corporation (NEHHDC) to empower digitisation of the handloom and handicraft sector in northeast India.
i. This year-long partnership aims to strengthen financial inclusion for nearly 2.1 million handloom weavers and 3.5 million handicraft artisans across 800 clusters in Northeast India and provide them with greater market access.
- Which of the following points is/are “correct” with respect to the Visit of Droupadi Murmu, President of India to West Bengal in August 2023?
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