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Current Affairs Quiz: 26 May 2023

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 26 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, India’s AI (artificial intelligence) supercomputer, “AIRAWAT,” was ranked _______ globally in the 61st edition of the Top 500 Global Supercomputing List, released at the International Supercomputing Conference (ISC 2023) in Germany.
      1) 75th
      2) 50th
      3) 65th
      4) 45th
      5) 85th
      Answer-1) 75th
      Explanation:
      India’s AI (Artificial Intelligence) Supercomputer ‘AIRAWAT’, has been ranked 75th globally in the 61st edition of Top 500 Global Supercomputing List which was released at the International Supercomputing Conference (ISC 2023) in Germany.
      i. AIRAWAT or AI Research Analytics and Knowledge Dissemination Platform is installed at C-DAC (Centre for Development of Advanced Computing), Pune (Maharashtra) under National Program on AI (NPAI) by Government of India.
      ii. The list has been topped by the United States (US) Frontier. This HPE Cray EX system is the first US system with a performance exceeding one Exaflop/s (EXA Floating point Operations per Second).
      Note: AIRAWAT stands as India’s largest and fastest AI supercomputing system, with a remarkable speed of 13,170 teraflops (Rpeak).

    2. In May 2023, the Union government introduced a digital communication mechanism between Public Sector Undertaking (PSU) banks and Central Economic Intelligence Bureau (CEIB) to check the defaults on loans.
      Under the digital mechanism, the CEIB will digitally send a report regarding borrowers to the PSU banks for a loan amount of Rs 50 crore or higher at the pre-approval stage within ______ days of request.

      1) 10
      2) 20
      3) 12
      4) 25
      5) 15
      Answer-5) 15
      Explanation:
      The Union government has ended paper-based communication and introduced a digital communication mechanism between Public Sector Undertaking (PSU) banks and Central Economic Intelligence Bureau (CEIB) to check the defaults on loans.
      i. Under the digital mechanism, the CEIB will digitally send a report regarding borrowers to the PSU banks for a loan amount of Rs 50 crore or higher at the pre-approval stage within 15 days of request.
      ii. Prevailing System: At present, it is mandatory for all the PSU banks to furnish a report from CEIB regarding the loan seekers of Rs 50 crore or more and those who have a pending default, before processing any loans.
      • Now the Union government has introduced the digital system to streamline the process of communication between banks and CEIB.
      iii. Digital Requirement: The new system will require banks to submit their requests to CEIB through dedicated emails in a specific format.
      • In turn, CEIB will exclusively send reports to banks via email, maintaining a record of the timeline and actions taken by the banks.

    3. Name the company that has recently (in May ‘23) launched Unified Payments Interface (UPI) SDK to enable customers of online merchants to make UPI payments directly.
      1) PhonePe
      2) Razorpay
      3) MobiKwik
      4) Paytm
      5) BharatPe
      Answer-4) Paytm
      Explanation:
      Paytm owner One97 Communications Limited launches Paytm UPI (Unified Payments Interface) SDK allowing customers of online merchants to make UPI payments directly and in-line from the merchant’s mobile app by entering their UPI PIN, and without getting redirected during checkout.
      i. This is part of the existing UPI acquiring arrangement between Paytm Payments Services Ltd. and Paytm Payments Bank, under which Paytm Payments Services Ltd provides UPI acquisition service to merchants. This UPI SDK is an add-on feature under the same arrangement.

    4. Which bank has recently (in May ‘23) partnered with Manipal Global Academy of Banking, Financial Services and Insurance (BFSI) to launch Future Bankers 2.0?
      1) IndusInd Bank
      2) YES Bank
      3) HDFC Bank
      4) Axis Bank
      5) ICICI Bank
      Answer-3) HDFC Bank
      Explanation:
      HDFC Bank Limited, India’s largest private sector bank, in association with the Manipal Global Academy of BFSI (Banking, financial services and insurance), has launched Future Bankers 2.0, a pan-India recruitment program to transform young graduates into banking professionals within 1 year.
      i. Future Bankers 2.0, a one-year professional diploma, aims to create a robust, future-ready talent pipeline for HDFC Bank’s retail banking business.
      ii. The programme provides 8 months of paid internship and on-the-job training at HDFC Bank’s branch locations within India.

    5. Name the personality who has recently (in May ‘23) appointed as the caretaker Prime Minister (PM) of Greece.
      1) Michail Stasinopoulos
      2) Ioannis Sarmas
      3) Karolos Papoulias
      4) Prokopis Pavlopoulos
      5) Christos Sartzetakis
      Answer-2) Ioannis Sarmas
      Explanation:
      Katerina Sakellaropoulou, President of Greece, has appointed Senior Judge Ioannis Sarmas (66 years old) as the caretaker Prime Minister (PM) of Greece to lead the caretaker government until the repeat election on 25th June 2023.
      i. He was sworn in as the PM to replace outgoing PM Kyriakos Mitsotakis after the inconclusive ballot.
      ii. Ioannis Sarmas is the President of the Hellenic Court of Audit, (the supreme financial court of Greece), one of Greece’s 3 senior courts.

    6. Who was recently (in May ‘23) appointed as the brand ambassador of Realme?
      1) Shah Rukh Khan
      2) Akshay Kumar
      3) Ranbir Kapoor
      4) Aamir Khan
      5) Salman Khan
      Answer-1) Shah Rukh Khan
      Explanation:
      Realme, a Chinese consumer electronics manufacturer based in Shenzhen, Guangdong, has appointed Bollywood actor Shah Rukh Khan as its new brand ambassador for their innovative range of smartphones.
      i. This announcement coincides with the imminent launch of Realme’s highly awaited flagship smartphone series, the Realme 11 Pro Series 5G, which will soon be released in June 2023 in the Indian market.
      ii. Shah Rukh Khan will be promoting Realme’s new smartphone series.

    7. Name the union minister who has recently (in May ‘23) inaugurated “e-Office portal of PCIM&H” and “Online portal”.
      1) Amit Shah (Union Minister of Home Affairs)
      2) Mansukh L. Mandaviya (Union Minister of Health and Family Welfare)
      3) Dharmendra Pradhan (Union Minister of Skill Development and Entrepreneurship)
      4) Sarbananda Sonowal (Union Minister of AYUSH)
      5) Jitendra Singh (MoS of Science and Technology)
      Answer-4) Sarbananda Sonowal (Union Minister of AYUSH)
      Explanation:
      Union Minister Sarbananda Sonowal, Ministry of Ayurveda, Yoga & Naturopathy, Unani, Siddha and Homoeopathy (AYUSH), visited Pharmacopoeia Commission for Indian Medicine & Homoeopathy (PCIM&H), Ghaziabad, Uttar Pradesh(UP) and inaugurated “e-Office portal of PCIM&H” and “Online portal”.
      i. Online portal:
      • The portal is inaugurated for the purpose of selling soft copies of pharmacopoeial monographs.
      • It will promote the hassle-free reach of pharmacopoeia monographs among stakeholders across the world.
      ii. Sarbananda Sonowal also released the Monthly Newsletters published by PCIM&H which showcase the activities of PCIM&H.

    8. Name the country that has recently (in May ‘23) test launched ‘Kheibar’, a new surface-to-surface 4th generation of Khorramshahr ballistic missile.
      1) United Arab Emirates
      2) Iran
      3) Saudi Arabia
      4) Indonesia
      5) Israel
      Answer-2) Iran
      Explanation:
      Iran successfully test-launched a new surface-to-surface 4th generation of Khorramshahr ballistic missile, a medium-range precision-guided projectile named Kheibar. It was developed by the Aerospace Industries Organization (AIO) under Iran’s Ministry of Defense.
      i. The missile was unveiled during the event organised to commemorate the 41st anniversary of the liberation of Khorramshahr city from Iraq in 1982.
      ii. The missile was unveiled alongside a replica of the Al-Aqsa Mosque in Jerusalem’s Old City, Israel.
      iii. The Khorramshahr-4 is named after the Iranian city Khaybar in modern-day Saudi Arabia.
      • Khaybar was the scene of heavy fighting during the Iran-Iraq War in the 1980s.
      • Khaybar also refers to the Jewish fortress conquered by the Muslims in the 7th century.

    9. When was the International Missing Children’s Day (IMCD) 2023 observed across the globe?
      1) 21st May 2023
      2) 24th May 2023
      3) 22nd May 2023
      4) 25th May 2023
      5) 23rd May 2023
      Answer-4) 25th May 2023
      Explanation:
      International Missing Children’s Day (IMCD) 2023 was observed across the globe on 25th May 2023 to commemorate missing children and generate awareness about the kidnappings of children.
      • The day is widely referred to with a forget-me-not flower as its emblem.
      • IMCD was initiated in 1983 by then-USA (United States of America) President Ronald Reagan as National Missing Children’s Day.
      i. The 1st ever International Missing Children’s Day was formally recognised on 25th May 2001.
      ii. On the eve of International Missing Children’s Day, Child Rights and You (CRY), an Indian non-governmental organization (NGO), released a booklet based on the post-rescue lives of missing children on 24th May 2023.
      iii. The booklet named “Missing Childhoods” includes case stories of survivors from 4 states of North India, including Madhya Pradesh.

    10. Who was recently (in May ‘23) appointed as the acting Chief Justice (ACJ) of the Madras High Court (HC)?
      1) D Krishnakumar
      2) S Vaidyanathan
      3) R Mahadevan
      4) J Nisha Banu
      5) P Velmurugan
      Answer-2) S Vaidyanathan
      Explanation:
      Justice S Vaidyanathan, the seniormost judge of the Madras High Court (HC), was appointed as the Acting Chief Justice (ACJ) of the Madras HC with effect from 25th May 2023. He succeeded ACJ, T. Raja, who retired from service on 24th May 2023.
      • The appointment was made by the President of India, Droupadi Murmu, in the exercise of the power conferred by Article 223 of the Constitution of India.
      • Justice Vaidyanathan will be the 3rd judge to hold the office of ACJ in the last 9 months after Justice Duraiswamy and Justice T Raja.
      • The position of CJ of Madras HC has been vacant since the superannuation of Justice Munishwar Nath Bhandari in September 2022.