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Current Affairs Quiz: 24 May 2023

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 24 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, Jitendra Tyagi, Managing Director (MD) of Uttarakhand Metro Rail Corporation (UKMRC) announced that __________ (city) to get India’s first Neo Metro and India’s 1st Provide on Demand (Pod) taxi to be introduced in Haridwar.
      1) Dehradun
      2) Rishikesh
      3) Uttarkashi
      4) Rudrapur
      5) Roorkee
      Answer-1) Dehradun
      Explanation:
      The Uttarakhand Metro Rail Corporation (UKMRC) unveiled the plans for the construction of the state-of-the-art rapid transit systems in Dehradun, Haridwar, and Rishikesh within next four years (by 2027) to overcome the traffic congestion in Uttarakhand.
      i. Jitendra Tyagi MD of UKMRC announced that India’s first Neo Metro will be implemented on 2 corridors in Dehradun, India’s 1st Provide on Demand (Pod) taxi will be introduced in Haridwar and two ropeways in Haridwar and Rishikesh.
      ii. Objective: To enhance connectivity and reduce traffic congestion in the respective regions.

    2. Name the company that has recently (in May ‘23) launched ‘GAINS 2023’ to promote the development of innovative solutions in shipbuilding by Startups.
      1) Mazagon Dock Shipbuilders Ltd
      2) Cochin Shipyard Ltd
      3) Goa Shipyard Ltd
      4) Garden Reach Shipbuilders and Engineers Ltd
      5) Hindustan Shipyard Ltd
      Answer-4) Garden Reach Shipbuilders and Engineers Ltd
      Explanation:
      Garden Reach Shipbuilders and Engineers (GRSE) Ltd launched GAINS 2023’ – GRSE Accelerated Innovation Nurturing Scheme 2023′ in Kolkata, West Bengal (WB) to utilize the eco-system that tackles current and future challenges in the ship design and construction sector.
      • GAINS 2023 is a part of GRSE’s drive to identify and promote the development of innovative solutions towards technological advances in shipbuilding by Startups.
      i. ‘GAINS 2023’ is a program to support and inspire new innovators, engineers, and designers in the field of shipbuilding in India. They have created a dedicated department to pursue this.
      • It aims to inspire them to think and innovate in the specific technology area of shipbuilding.
      • The ‘GAINS 2023’ Challenge is a two-stage process that aims to generate a large pool of ideas, from which a few promising ones will be chosen and supported.

    3. In May 2023, the board of the Reserve Bank of India (RBI) approved the transfer of __________ as surplus to the Government for the year 2022-2023 at the 602nd meeting of the RBI’s Central Board of Directors.
      1) Rs 72,890 crore
      2) Rs 49,238 crore
      3) Rs 52,389 crore
      4) Rs 87,416 crore
      5) Rs 64,230 crore
      Answer-4) Rs 87,416 crore
      Explanation:
      The board of the Reserve Bank of India (RBI) approved the transfer of Rs 87,416 crore as surplus to the Government for the year 2022-2023 at the 602nd meeting of the RBI’s Central Board of Directors, Chaired by RBI Governor Shaktikanta Das. It also decided to raise the contingency risk buffer to 6% from 5.5%.
      • In the financial year (FY) 2021-2022, the RBI transferred Rs 30,307 crore to the government.

    4. Name the bank that has recently (in May ‘23) launched two innovative customer service initiatives, ‘a Live Video Calling service and Web Chat facility’ for Customers.
      1) Bank of Baroda
      2) Canara Bank
      3) Bank of India
      4) Union Bank of India
      5) Indian Bank
      Answer-1) Bank of Baroda
      Explanation:
      Bank of Baroda (BOB), launched two innovative customer service initiatives: “a Live Video Calling service- bob Video Chat” and “a Live Web Chat facility- bob Live Chat” on its website to enhance the overall experience for customers and prospective customers.
      • BoB is the 1st Public Sector bank to offer live video chat and live web chat services to its customers.
      • These 2 initiatives are introduced for people to effortlessly get in touch with the Bank and seamlessly address their banking queries.
      i. The Bank has also launched an easy-to-remember, 8-digit toll-free number (1800 5700) with 24 hours a day, everyday customer support, in 11 languages (English, Hindi, Marathi, Gujarati, Tamil, Telugu, Malayalam, Kannada, Odia, Punjabi and Bengali).

    5. Which company has recently (in May ‘23) partnered with the Hindustan Aeronautics Limited (HAL)’s subsidiary Naini Aerospace engineering limited (NAeL) to manufacture indigenous drones for various applications?
      1) Skyroot Aerospace Private Limited
      2) Bellatrix Aerospace
      3) Garuda Aerospace Private Limited
      4) Dhruva Space Private Limited
      5) AgniKul Cosmos Private Limited
      Answer-3) Garuda Aerospace Private Limited
      Explanation:
      Garuda Aerospace Private Limited, a Chennai (Tamil Nadu)-based Drone-as-a-Service (DaaS) startup and Uttar Pradesh (UP) based Naini Aerospace engineering limited (NAeL), a wholly owned subsidiary of Hindustan Aeronautics Limited (HAL)- under the Ministry of Defence(MoD), has signed a joint development partnership to manufacture indigenous drones for various applications.
      i. The advanced precision drones developed by Garuda Aerospace will be able to carry a payload of around 25 kg and shall cover a radius of 500 metre with speed of 5 metre/second.
      ii. The drone has a spray efficiency of 1500-2550 square metre/minute.
      iii. Under this partnership, the NAeL, Naini (Prayagraj, UP) based Public sector unit, will start manufacturing the heavy-duty drones by the end of June 2023.

    6. In May 2023, JSW Steel Limited and Japan’s JFE Steel Corporation will form a joint venture (JV) company (50:50) to manufacture the entire range of Cold Rolled Grain Oriented (CRGO) products in _______________.
      1) Chennai, Tamil Nadu
      2) Vijayanagara, Karnataka
      3) Pune, Mahabharata
      4) Visakhapatnam, Andhra Pradesh
      5) Gandhinagar, Gujarat
      Answer-2) Vijayanagara, Karnataka
      Explanation:
      Mumbai(Maharashtra) based JSW Steel Limited, a flagship company of JSW Group, and Japan’s JFE Steel Corporation, the 2nd largest Japanese steel manufacturer, will form a joint venture (JV) company (50:50) to manufacture the entire range of CRGO (Cold Rolled Grain Oriented) products at its proposed facilities at Vijayanagara, Karnataka.
      i. The JV company will be the 1st to produce CRGO products with its entire chain of manufacturing processes in India.
      ii. The JV will contribute to the rapidly growing Indian demand, with its “Made in India” CRGO products based on JFE Steel’s energy-efficient production technology developed through extensive research and development (R&D).

    7. Who was recently (in May ‘23) appointed as the Tennis ambassador of the Sony Sports Network?
      1) Sania Mirza
      2) Mahesh Bhupathi
      3) Rohan Bopanna
      4) Yuki Bhambri
      5) Ankita Bhambri
      Answer-1) Sania Mirza
      Explanation:
      Leading sports broadcaster Sony Sports Network (also known as Sony TEN), owned and operated by Sony Pictures Networks (SPN), has roped in Sania Mirza, an Indian former professional tennis player, as a Tennis ambassador for the broadcaster, who will be seen as an expert panellist on the network.
      i. Sony Sports Network has launched a special campaign called The Home of Tennis, which showcases Sania Mirza, Sony Sports Network, and the 3 Grand Slams as a perfect match and celebrates the journey of Sania Mirza.
      ii. She is the recipient of the Arjuna Award (2004), Padma Shri (2006), Major Dhyan Chand Khel Ratna Award (2015) and Padma Bhushan (2016).

    8. Name the Indian Navy’s indigenous guided missile destroyer that was recently (in May ‘23) carried out the engagement of a sea-skimming supersonic target with Medium Range Surface to Air Missile (MRSAM) missile.
      1) INS Surat
      2) INS Vikrant
      3) INS Vishal
      4) INS Mormugao
      5) INS Visakhapatnam
      Answer-4) INS Mormugao
      Explanation:
      The Indian Navy’s latest indigenous guided missile destroyer, Indian Naval Ship (INS) Mormugao, successfully carried out the engagement of a sea-skimming supersonic target with Medium Range Surface to Air Missile (MRSAM) missile.
      • The Indian Navy undertook the 1st MRSAM firing from INS Mormugao.
      • The successful MRSAM missile firing by INS Mormugao is yet another milestone in the Indian Navy’s quest for accurate delivery of Ordnance on Target. It showcases Indian Navy’s Future Proof Combat Readiness and commitment toward Aatmanirbhar Bharat.
      i. Sea skimming is a technique that is used by anti-ship missiles and some fighter or strike aircraft to avoid radar or infrared detection during their approach to the target.

    9. A noted ____________ writer and Sahitya Akademi awardee (1996) ‘Kethu Viswanath Reddy’ passed away in May 2023.
      1) Sindhi
      2) Telugu
      3) Kannada
      4) Tamil
      5) Hindi
      Answer-2) Telugu
      Explanation:
      A noted Telugu writer, novelist and Sahitya Akademi awardee Kethu Viswanath Reddy passed away in Ongole, Andhra Pradesh (AP) at the age of 84. He was born on July 10, 1939.
      Notable works:
      i. His first short story “Anaadivaallu” was published in the journal Savyasaachi in 1963.
      ii. KethuViswanatha Reddy Kathalu (1998 – 2003), Japthu, and Ichhagni are among his best-known collections of short stories.
      iii. Famous novels: Verlu and Bodhi.
      iv. Awards: In 1996, Viswanatha Reddy received the SahityaAkademi Award (Telugu) for his Short story Kethu Viswanatha Reddy Kathalu.

    10. What was the theme of 23rd World Turtle Day 2023 that was observed across the globe on 23rd May 2023?
      1) Turtles Rock!
      2) Shellebrate
      3) I Love Turtles
      4) Adopt, Don’t Shop
      5) Save Turtles and Tortoises
      Answer-3) I Love Turtles
      Explanation:
      World Turtle Day is annually observed across the globe on May 23 to help people celebrate and protect turtles and tortoises and their disappearing habitats around the world.
      • 23rd May 2023 marks the observance of the 23rd World Turtle Day with the theme of “I Love Turtles”.
      • The day has been annually celebrated across the globe on May 23 since 2000.