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Current Affairs Quiz: 19 May 2023

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 19 May 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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    1. In May 2023, the Government of India (GoI) has formulated rules under the provision of ____________ (section) of the Rights of Persons with Disabilities (RPwD) Act ________ to establish the standards of accessibility for persons with disabilities (Divyangjan or PwDs).
      1) Section 30; 2016
      2) Section 20; 2014
      3) Section 40; 2016
      4) Section 20; 2019
      5) Section 40; 2014
      Answer-3) Section 40; 2016
      Explanation:
      The Government of India (GoI) has formulated rules under the provision of section 40 of the Rights of Persons with Disabilities (RPwD) Act 2016 to establish the standards of accessibility for persons with disabilities (Divyangjan or PwDs).
      i. The rules establish the standard of accessibility for the physical environment, transportation, information and communication, including appropriate technologies and systems and other facilities and services provided to the public in urban and rural areas.
      • Under this provision of section 40 of the RPwD Act 2016, 20 ministries are involved in making Accessibility guidelines/standards for their respective sectors.
      • The Department of Empowerment of Persons with Disabilities(DEPwD), under the Ministry of Social Justice and Empowerment(MoSJE), will regularly monitor the formulations of these guidelines or standards.

    2. In May 2023, the ______ of the Ministry of Defence announced that 164 Positive Indigenisation List (PIL) items had an import substitution value of _____________.
      1) Department of Military Affairs; Rs 814 crore
      2) Department of Defence Production; Rs 510 crore
      3) Department of Defence; Rs 620 crore
      4) Department of Defence Production; Rs 814 crore
      5) Department of Military Affairs; Rs 510 crore
      Answer-4) Department of Defence Production; Rs 814 crore
      Explanation:
      The Department of Defence Production (DDP), Ministry of Defence (MoD), announced that 164 Positive Indigenisation List (PIL) items, which were to be indigenised by December 2022 and had an import substitution value of USD 99 million (Rs 814 crore), have achieved the target within the timelines. This is in line with realising “Aatmanirbharta” in the defence sector.
      • With the notification of these 164 additional items, the total number of indigenised items from these PILs of DDP is 2,736, with an import substitution value of Rs 2,570 crore.
      • The indigenisation of these items has been achieved by Defence Public Sector Undertakings (DPSUs) either through Industry partners, including MSMEs, or in-house.

    3. Which organisation has recently (in May ‘23) agreed to coordinate their policies with India, in the semiconductor sector at the 1st ministerial meeting of the Trade and Technology Council (TTC) in Brussels, Belgium?
      1) World Trade Organization
      2) World Bank
      3) European Union
      4) International Monetary Fund
      5) International Telecommunication Union
      Answer-3) European Union
      Explanation:
      India and the European Union (EU) agreed to coordinate their policies in the strategic semiconductor sector with an aim to conclude a Memorandum of Understanding (MoU) by September 2023 in the 1st ministerial meeting of the Trade and Technology Council (TTC) in Brussels, Belgium.
      i. The EU-India Trade and Technology Council is the 2nd bilateral forum for the EU and the 1st one established with any partner for India.

    4. In May 2023, Insurance Regulatory and Development Authority of India (IRDAI) constituted a task force to facilitate ease of doing Know Your Customer (KYC).
      Who is the head of the 12-member task force?

      1) Rakesh Joshi
      2) Subash Chandra Khuntia
      3) Debasish Panda
      4) Pramod Kumar Arora
      5) S.N Rajeswari
      Answer-1) Rakesh Joshi
      Explanation:
      The Insurance Regulatory and Development Authority of India (IRDAI), a statutory body under the jurisdiction of the Ministry of Finance (MoF), has constituted a task force to facilitate ease of doing Know Your Customer (KYC) and allied matters by insurers using Aadhaar, the 12-digit individual identification number.
      • At Present, Unique Identification Authority of India (UIDAI) framework allows insurance companies to identify the customer by using their Aadhaar with consent management.
      • The 12-member task force is headed by Rakesh Joshi, Member (finance and investment (F&I)) of IRDAI.

    5. Name the personality who has recently (in May ‘23) honoured with the highest French Civilian award, Chevalier de la Légion d’Honneur (Knight of the Legion of Honour).
      1) T. V. Narendran
      2) Natarajan Chandrasekaran
      3) Banmali Agrawala
      4) Shapoor Mistry
      5) N. R. Narayana Murthy
      Answer-2) Natarajan Chandrasekaran
      Explanation:
      Natarajan Chandrasekaran, Chairman of Tata Sons, was honoured with the Chevalier de la Légion d’Honneur (Knight of the Legion of Honour), the highest French Civilian award, for his substantial role in developing and fostering commercial links between India and France.
      i. N Chandrasekaran received the award from Catherine Colonna, French Minister for Europe and Foreign Affairs, who gave the award on behalf of French President Emmanuel Macron.
      ii. Awards: In 2022, he was honoured with Padma Bhushan by the Government of India for his excellence in Trade and Industry.

    6. Who has recently (in May ‘23) sworn in as the Chairman of the Union Public Service Commission (UPSC)?
      1) Raj Shukla
      2) Smita Nagaraj
      3) Manoj Soni
      4) Rajiv Nayan Choubey
      5) Preeti Sudan
      Answer-3) Manoj Soni
      Explanation:
      Manoj Soni, a former Vice-Chancellor of two universities in Gujarat, sworn in as the Chairman of the Union Public Service Commission (UPSC). The Oath was administered by Smita Nagaraj, a senior most Member of UPSC.
      • Manoj Soni was already serving as the Chairman in charge of UPSC since April 2022. He joined UPSC as a member on June 28, 2017.
      i. Manoj Soni served three terms as Vice-Chancellor:
      • Two consecutive terms from August 1, 2009 to July 31, 2015 as Vice-Chancellor of Dr Babasaheb Ambedkar Open University (BAOU), Gujarat;
      • From April 2005 to April 2008 Manoj Soni, served as the Vice-Chancellor of The Maharaja Sayajirao University(MSU) in Baroda, Gujarat.
      • He became the youngest-ever vice-chancellor in India, during his tenure at MSU.

    7. In May 2023, the Reserve Bank of India (RBI) approved SBI Funds Management Ltd’s (SBIFML) to acquire up to 9.99% of the paid-up share capital or voting rights of ___________ (Bank).
      1) IndusInd Bank
      2) YES Bank
      3) Axis Bank
      4) ICICI Bank
      5) HDFC Bank
      Answer-5) HDFC Bank
      Explanation:
      The Reserve Bank of India (RBI) has approved SBI Funds Management Ltd’s (SBIFML) application for acquiring up to 9.99% of the paid-up share capital or voting rights of HDFC Bank Ltd.
      i. SBIFML has to acquire the major shareholding in the bank within a period of six months i.e. by November 15, 2023.
      ii. The investment will be made as part of the mutual fund schemes managed by SBI Funds Management.

    8. The India-born British industrialist and Chairman of the Hinduja Group, ____________ passed away in May 2023.
      1) Prakash Parmanand Hinduja
      2) Gopichand Parmanand Hinduja
      3) Ashok Parmanand Hinduja
      4) Srichand Parmanand Hinduja
      5) Ajay Parmanand Hinduja
      Answer-4) Srichand Parmanand Hinduja
      Explanation:
      The India-born British industrialist and Chairman of the Hinduja Group, Srichand Parmanand Hinduja (SP Hinduja) passed away at the age of 87 in London, United Kingdom (UK). He was born on 28 November 1935 in Karachi, Sindh province, British India (now Pakistan).
      i. SP Hinduja was also serving as the chairman of the Hinduja Bank of Switzerland and Hinduja Foundations.
      ii. Gopichand Hinduja, brother of SP Hinduja will succeed him as Chairman of Hinduja Group.

    9. When was the World AIDS Vaccine Day 2023 observed across the globe?
      1) 18th May 2023
      2) 15th May 2023
      3) 17th May 2023
      4) 14th May 2023
      5) 16th May 2023
      Answer-1) 18th May 2023
      Explanation:
      World AIDS Vaccine Day, also known as HIV Vaccine Knowledge Day (HVAD), 2023 observed across the globe on 18th May 2023 to create awareness about the importance of Human Immunodeficiency Virus (HIV) vaccinations in preventing Acquired immunodeficiency syndrome (AIDS) and HIV infections.
      • The first ever World AIDS Vaccine Day was observed on 18th May 1998.
      • The red ribbon is the internationally recognized symbol of awareness and support for people living with HIV.

    10. Which state government has recently (in May ‘23) announced a new scheme named ‘Mukhyamantri Sikho Kamao Yojana’ (Chief Minister Learn and Earn Scheme) to provide opportunities to learn skills for unemployed youths?
      1) Maharashtra
      2) Odisha
      3) Madhya Pradesh
      4) Uttar Pradesh
      5) West Bengal
      Answer-3) Madhya Pradesh
      Explanation:
      The State Cabinet of Madhya Pradesh chaired by Chief Minister (CM) Shivraj Singh Chouhan announced a new scheme named ‘Mukhyamantri Sikho Kamao Yojana’ (Chief Minister Learn and Earn Scheme) to provide opportunities to learn skills for unemployed youths of the state.
      i. Eligibility: candidates accommodated in Madhya Pradesh and aged between 18 and 29, with a minimum educational qualification of 12th class, ITI (industrial training) are eligible for the scheme.
      Stipend Benefits:

      Education qualificationMonthly stipend
      Class 12Rs 8,000
      ITIRs 8,500
      DiplomaRs 9,000
      Graduate or higher degreeRs 10,000