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Current Affairs Quiz: 24 January 2023

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 24 January 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 which state, Indian Navy (IN) has recently (in Jan ‘23) conducted a six-day-long mega military exercise “AMPHEX 2023”?
    1) Maharashtra
    2) Andhra Pradesh
    3) Tamil Nadu
    4) Gujarat
    5) Odisha
    Answer-2) Andhra Pradesh
    Explanation:
    The Indian Navy (IN) conducted a six-day-long mega military exercise “AMPHEX 2023”, the largest biennial tri-services amphibious exercise involving the Indian Army and Indian Air Force (IAF) near Kakinada in Andhra Pradesh (AP) between 17th January and 22nd January 2023.
    i. Participants: The exercise witnessed the participation of a number of amphibious ships consisting of Large Platform Dock (LPD), Landing Ships and Landing Crafts, Marine Commandos (MARCOS), helicopters and aircraft from the Indian Navy.

  2. Which of the following points is ‘Incorrect’ with respect to the World Economic Forum 2023 Summit?
    1) The WEF held its 53rd Annual Meeting, “World Economic Forum—2023” in Davos, Switzerland with the theme of “Cooperation in a Fragmented World.”
    2) According to Oxfam India’s report, “Survival of the Richest: The India Supplement,” the top 1% of Indians currently own more than 40.5% of the nation’s entire wealth in 2021.
    3) Garuda Aerospace Pvt Ltd unveiled India’s first-ever carbon-neutral drone at the Indian Sustainability Lounge of the WEF 2023 Summit.
    4) At the WEF 2023 Summit, Maharashtra Chief Minister Eknath Shinde signed Memorandums of Understanding (MoUs) worth Rs. 1.36 lakh crore with global investors.
    5) The WEF has designated Gandhinagar, Gujarat as its Center for the Fourth Industrial Revolution (C4IR), which will focus on healthcare and life sciences.
    Answer-5) The WEF has designated Gandhinagar, Gujarat as its Center for the Fourth Industrial Revolution (C4IR), which will focus on healthcare and life sciences.
    Explanation:
    The World Economic Forum (WEF) held its 53rd Annual Meeting, “World Economic Forum—2023” [Davos Summit], from January 16 to 20, 2023, in the highest city in Europe, Davos, Switzerland.
    • The theme of the WEF Summit 2023 is “Cooperation in a Fragmented World.”
    i. According to the non-profit organisation Oxfam India’s report, “Survival of the Richest: The India Supplement,” the top 1% of Indians currently own more than 40.5% of the nation’s entire wealth in 2021, while the bottom 50% of the population (700 million) has only about 3% of the nation’s total wealth.
    • Indian billionaires’ wealth has increased by 121%, or Rs. 3608 crore a day in real terms (around Rs. 2.5 crore every minute), since the COVID-19 pandemic started in January 2019 and ended in November 2022.
    ii. According to the WEF Centre for the New Economy’s “Chief Economists Outlook – January 2023,” released at the WEF 2023 Summit, nearly two-thirds of chief economists believe a global recession is likely in 2023, with 18% believing it is extremely likely.
    iii. Garuda Aerospace Pvt Ltd (Garuda Aerospace), India’s largest and most valuable drone startup firm, unveiled India’s first-ever carbon-neutral drone at the Indian Sustainability Lounge of the WEF 2023 Summit.
    iv. At the WEF 2023 Summit, Maharashtra Chief Minister Eknath Shinde signed Memorandums of Understanding (MoUs) worth Rs. 1.36 lakh crore with global investors.
    v. The WEF has designated Hyderabad (Telangana) as its Center for the Fourth Industrial Revolution (C4IR), which will focus on healthcare and life sciences.

  3. Which bank has recently (in Jan ‘23) ended their partnership with Paytm for a co-branded credit card?
    1) CSB Bank
    2) Citibank
    3) HSBC Bank India
    4) DBS Bank
    5) Standard Chartered Bank
    Answer-2) Citibank
    Explanation:
    Citibank and Paytm (One97 Communication Ltd) have ended their partnership for a co-branded credit card Paytm CITI Card ahead of the merger of Citibank’s commercial banking business with Axis Bank.
    i. The customers were informed that the Paytm CITI Card will be shut down, and they will be offered other cards they could opt for.
    ii. The cardholders will be offered uninterrupted benefits with the Paytm HDFC Bank credit card.
    iii. The customers will be offered the Citi Rewards Credit Card as a replacement to their Citi Paytm Credit Card, which should be chosen to consent for the same.

  4. Name the personality who has recently (in Jan ‘23) appointed as the Director General (DG) of the Directorate General of Civil Aviation (DGCA).
    1) Kunal Chopra
    2) D C Sharma
    3) Arun Kumar
    4) Ashutosh Vasistha
    5) Vikram Dev Dutt
    Answer-5) Vikram Dev Dutt
    Explanation:
    The Appointment Committee of the Cabinet (ACC), headed by Prime Minister (PM) Narendra Modi, has approved the appointment of Vikram Dev Dutt as Director General(DG) of the Directorate General of Civil Aviation (DGCA) with effect from 28th February 2023.
    • Vikram Dev Dutt will succeed Arun Kumar, DG of the DGCA, who retires on 28th February 2023.
    i. Arti Bhatnagar, a 1990 batch Indian Defence Accounts Service (IDAS) Officer, was appointed as Additional Secretary & Financial Advisor, Ministry of Commerce & Industry (MoCI).

  5. Which company has recently (in Jan ‘23) announced a plan to acquire a 100% stake in Khargone Transmission Limited at an enterprise value of about Rs 1,497.5 crore?
    1) India Grid Trust
    2) RSWM Limited
    3) India Infrastructure Trust
    4) IRB InvIT Fund
    5) Virescent Renewable Energy Trust
    Answer-1) India Grid Trust
    Explanation:
    India Grid Trust (IndiGrid), an Indian power sector infrastructure investment trust, is set to acquire a 100% stake in Khargone Transmission Limited at an enterprise value of about Rs 1,497.5 crore.
    i. According to BSE, the acquisition will be made for a cash payment of not more than Rs 1,497.5 crore for the enterprise value.
    ii. The project aims to deliver 1320 megawatts (MW) of thermal energy from the Khargone power plant to users in the home, commercial, agricultural, and industrial segments in Madhya Pradesh and Maharashtra, improving electricity supply and grid stability.

  6. Which state government has recently (in Jan ‘23) signed an MoU with the Forest Survey of India (FSI) to conduct a “Tree Outside Forest” (TOF) field survey to promote Agroforestry?
    1) Bihar
    2) Tamil Nadu
    3) Kerala
    4) Andhra Pradesh
    5) West Bengal
    Answer-1) Bihar
    Explanation:
    The Bihar Government, in collaboration with the Forest Survey of India (FSI), has decided to conduct a “Tree Outside Forest” (TOF) field survey to identify the dominant tree species that are growing outside the Recorded Forest Areas (RFA) in Bihar.
    i. A Memorandum of Understanding (MoU) has been signed between the Bihar Government and FSI for the TOF field survey to promote agroforestry is expected to start in April 2023.
    ii. According to the FSI India State of Forest Report, 2021, Bihar saw increases in growing stock of 3.79% in RFA and 0.58% in TOF.

  7. As per the ‘Yonex-Sunrise India Open 2023′ (HSBC BWF World Tour Super 750) held at New Delhi, Delhi in January 2023, __________ from Thailand won the championship in the Men’s singles category, while An Se-young from __________ won the Women’s Singles category.
    1) Liang Wei Keng; Japan
    2) Kunlavut Vitidsarn; South Korea
    3) Liang Wei Keng; China
    4) Kunlavut Vitidsarn; Japan
    5) Aaron Chia; South Korea
    Answer-2) Kunlavut Vitidsarn; South Korea
    Explanation:
    The India Open Badminton Championship 2023, officially named ‘Yonex-Sunrise India Open 2023′ was held at KD Jadhav Indoor Stadium in New Delhi, Delhi from January 17 – 22, 2023. It was the second tournament of the HSBC BWF World Tour Super 750.

    CategoryWinnerRunner-Up
    Men’s SinglesKunlavut Vitidsarn (Thailand)Viktor Axelsen (Denmark)
    Women’s SinglesAn Se-young (South Korea)Akane Yamaguchi (Japan)
    Men’s DoublesLiang Wei Keng & Wang Chang of ChinaAaron Chia & Soh Wooi Yik of Malaysia
    Women’s DoublesNami Matsuyama & Chiharu Shida of JapanChen Qing Chen & Jia Yi Fan of China
    Mixed DoublesYuta Watanabe & Arisa Higashino of JapanWang Yi Lyu & Huang Dong Ping of China
    • Republic of Korea’s An Se Young became the first player from her country to win the women’s singles title
    • The next event, ‘Daihatsu Indonesia Masters 2023’ will be held from January 24-29, 2023 in Jakarta, Indonesia with prize money of USD 420,000.


  8. When was Parakram Diwas 2023 observed across India to commemorate the 126th birth anniversary of freedom fighter Subhas Chandra Bose?
    1) 22nd January 2023
    2) 20th January 2023
    3) 23rd January 2023
    4) 21st January 2023
    5) 19th January 2023
    Answer-3) 23rd January 2023
    Explanation:
    Parakram Diwas 2023 was observed across India on 23rd January 2023 to commemorate the 126th birth anniversary of freedom fighter Subhas Chandra Bose, fondly known as “Netaji”.
    • The 1st ever Parakram Diwas was observed on 23rd January 2021 on the 124th birth anniversary of Netaji.
    i. Prime Minister (PM) Narendra Modi virtually participated in an event to name the 21 largest unnamed Islands of Andaman and Nicobar Islands. The Islands were named after the 21 Param Vir Chakra Awardees through video conferencing.
    ii. On the occasion of Parakram Diwas 2023, PM Narendra Modi unveiled a model of the National Memorial dedicated to Netaji Subhas Chandra Bose to be built on the Netaji Subhash Chandra Bose Dweep (formerly Ross Islands).

  9. Which state/UT has recently (in Jan ‘23) launched the “100 Days to Beat Plastic’ campaign?
    1) Jammu and Kashmir
    2) Ladakh
    3) Gujarat
    4) Delhi
    5) Maharashtra
    Answer-4) Delhi
    Explanation:
    Delhi Lieutenant Governor (LG) V K Saxena launched a thematic 100-day campaign, “100 Days to Beat Plastic”, led by the Municipal Corporation of Delhi (MCD), during an event held in Baansera in Sarai Kale Khan, Delhi. The campaign aims to make areas under the municipal corporation free of plastic.
    i. The campaign will end on 22nd April 2023, which marks International Earth Day 2023.
    ii. He also unveiled the mascot of the campaign – Nivaran Dadi.

  10. In January 2023, HDFC Bank Limited donated ___________ to Uttarakhand Chief Minister (CM) Pushkar Singh Dhami for the Kedarnath Utthan Charitable Trust.
    1) Rs 1 crore
    2) Rs 3 crore
    3) Rs 5 crore
    4) Rs 4 crore
    5) Rs 2 crore
    Answer-3) Rs 5 crore
    Explanation:
    HDFC Bank Limited donated Rs 5 crore to Uttarakhand Chief Minister (CM) Pushkar Singh Dhami for the Kedarnath Utthan Charitable Trust.
    i. Bakul Sikka, the Circle Head of the HDFC Bank, and Gaurav Jain, the Head of Government Relations, were also present on the occasion.
    ii. Pushkar Singh Dhami informed that as many as 270 families have been shifted to different locations so far.
    iii. More than Rs 3.27 crores have been distributed as advance relief to 218 affected families in Joshimath, Chamoli, Uttarakhand.