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Current Affairs Quiz: 27 April 2023

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 27 April 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. Which of the following points is/are “Correct” with respect to the Prime Minister (PM) Narendra Modi’s recent (in April ‘23) inaugurations in Dadra and Nagar Haveli and Daman and Diu?
      A) Prime Minister (PM) Narendra Modi laid the foundation stone and dedicated to the nation various development projects worth more than Rs 4850 crore in Silvassa, Dadra and Nagar Haveli.
      B) The PM inaugurated the new campus of NAMO Medical Education & Research Institute, the first and only medical college in the UT of Dadra and Nagar Haveli and Daman and Diu.
      C) PM stated that a new 300-bed hospital is under construction in the UT and permission has been granted for a new Ayurvedic hospital.

      1) All A, B & C
      2) Only A & B
      3) Only B & C
      4) Only A & C
      5) Only A
      Answer-1) All A, B & C
      Explanation:
      On April 25, 2023, Prime Minister (PM) Narendra Modi laid the foundation stone and dedicated to the nation various development projects related to health, housing, tourism, education and urban development, worth more than Rs 4850 crore in Silvassa, Dadra and Nagar Haveli, Union Territory (UT) of Dadra and Nagar Haveli and Daman and Diu.
      • The PM inaugurated the new campus of NAMO Medical Education & Research Institute, the first and only medical college in the UT of Dadra and Nagar Haveli and Daman and Diu.
      • The PM laid the foundation stone and dedicated 96 projects worth more than Rs. 4850 crores to the nation at Sayli ground, Silvassa.
      • PM stated that a new 300-bed hospital is under construction in the UT and permission has been granted for a new Ayurvedic hospital.
      • The Prime Minister noted that more than 1200 families have got their own houses in Daman, Diu, Dadra and Nagar Haveli and the women are given an equal share in the houses under PM Awas Yojana.
      • The PM also handed over the house keys to beneficiaries of Pradhan Mantri Awas Yojana (PMAY) – Urban from Diu and Silvassa.

    2. In April 2023, the Government of Rajasthan announced three new wildlife conservation reserves: Sorsan in Baran, Khichan in Jodhpur, and Hamirgarh in Bhilwara, bringing the total number of wildlife conservation reserves in Rajasthan to _______.
      1) 20
      2) 18
      3) 30
      4) 24
      5) 26
      Answer-5) 26
      Explanation:
      On the occasion of International Mother Earth Day (Earth Day) 2023 (22nd April 2023), the Forest Department, Government of Rajasthan announced 3 new conservation reserves that will protect the rare and endangered wildlife of Rajasthan.
      i. The 3 new wildlife conservation reserves are Sorsan in Baran, Khichan in Jodhpur, and Hamirgarh in Bhilwara.
      ii. With the declaration of 3 new conservation reserves, the total number of reserves in Rajasthan has now reached 26.

    3. Which of the following points is “Incorrect” with respect to the recent step taken by the Reserve Bank of India (RBI) in April 2023?
      A) RBI has granted a non-banking financial company (NBFC) licence to the Neobanking platform Jupiter enabling the latter to scale up its lending business.
      B) With the new NBFC licence, Jupiter will look at offering loans from Rs 10,000 up to Rs 3 lakh.
      C) RBI also has cancelled the banking licence of the Adoor Co-operative Urban Bank Ltd, Kerala and allows it to operate as NBFC.

      1) Only A
      2) Only B
      3) Only C
      4) Only A & B
      5) Only B & C
      Answer-2) Only B
      Explanation:
      The Reserve Bank of India (RBI) has granted a non-banking financial company (NBFC) licence to the Neobanking platform Jupiter enabling the latter to scale up its lending business.
      • It will be offering the loan under Amica Financial Technologies, the private entity which operates Jupiter.
      i. With the new NBFC licence, Jupiter will look at offering loans from Rs 50,000 up to Rs 1 lakh.
      ii. On April 25, 2023, RBI also has cancelled the banking licence of the Adoor Co-operative Urban Bank Ltd, Adoor, Kerala (initiated on January 3, 1987) to carry on banking business in India under Section 22 read with section 56 of the Banking Regulation Act,1949 with effect from the close of business on April 24, 2023.
      • However, it is allowed to function as a non-banking institution under Section 36 A(2) read with section 56 of the Banking Regulation Act, 1949.

    4. In April 2023, ________________ became the first Insurance company to accept eRupee(e₹)/ RBI’s CBDC (Central Bank Digital Currency) for premium payments in partnership with YES Bank.
      1) Bajaj Allianz General Insurance
      2) Reliance General Insurance
      3) SBI General Insurance
      4) Cholamandalam MS General Insurance
      5) Future Generali India Insurance
      Answer-2) Reliance General Insurance
      Explanation:
      Reliance General Insurance, a subsidiary of Reliance Capital, has become the first company to accept eRupee(e₹)/ Reserve Bank of India’s (RBI) CBDC (Central Bank Digital Currency) for premium payments.
      i. Reliance General Insurance accepts the eRupee through a partnership with YES Bank to enable its customers to make premium payments digitally using the bank’s platform.
      ii. The partnership will provide customers with a safe, easy, instant, and green payment solution, enhancing the customer experience.

    5. Which export organization/association in India has recently (in April ‘23) signed an MoU with Business Russia, to promote trade and Foreign Direct Investment (FDI)?
      1) Directorate General of Foreign Trade
      2) India Trade Promotion Organisation
      3) Bureau of Indian Standards
      4) Confederation of Indian Industry
      5) Federation of Indian Export Organizations
      Answer-5) Federation of Indian Export Organizations
      Explanation:
      Federation of Indian Export Organizations (FIEO), Apex body of Indian Exporters, signed a Memorandum of Understanding (MoU) with Business Russia, to promote trade and Foreign Direct Investment (FDI) between the two countries.
      i. The MoU was signed during the visit of a 50-member delegation of the agriculture and food processing sector from India, led by N K Kagliwal, Board Member of FIEO, to Moscow and St. Petersburg, Russia.
      ii. Under this MoU, FIEO and Business Russia will cooperate to arrange exhibitions, buyers-sellers’ meetings, workshops, seminars and encourage enterprises to work in tandem with their counterparts for joint ventures.

    6. Who has been recently (in April ‘23) appointed as the Chairperson of the National Association of Software and Service Companies (NASSCOM) for the year 2023-24?
      1) Anant Maheshwari
      2) Krishnan Ramanujam
      3) Sangeeta Gupta
      4) Sanjeev Malhotra
      5) Kritika Murugesan
      Answer-1) Anant Maheshwari
      Explanation:
      The National Association of Software and Service Companies (NASSCOM) appointed Anant Maheshwari, who is the President of Microsoft India, as its Chairperson for the year 2023-24.
      i. Anant Maheshwari, who was Nasscom’s vice-chairperson, succeeds Krishnan Ramanujam, the President of Business and Technology Services at Tata Consultancy Services (TCS).
      • Krishnan Ramanujam served as Chairperson of Nasscom for 2022-23.
      ii. Nasscom has also announced the appointment of Rajesh Nambiar, chairman and Managing Director, Cognizant India as its Vice Chairperson at a group that represents India’s IT services sector for 2023-24.

    7. Which of the following points is/are “correct” with respect to the 2023 Hyundai Archery World Cup Stage 1 held at Antalya, Türkiye in April 2023?
      A) India finished 3rd in the overall medal tally at the 2023 Hyundai Archery World Cup Stage 1 with 3 medals (1 gold, 1 silver, 1 bronze).
      B) The United States of America (USA) topped the medal tally with 4 medals (2 gold and 2 silver).
      C) Indian archer Jyothi Surekha Vennam wins individual gold in Compound Women in World Cup Stage 1 by defeating Colombia’s Sara Lopez.

      1) Only A
      2) Only A & B
      3) Only B & C
      4) Only A & C
      5) All A, B & C
      Answer-3) Only B & C
      Explanation:
      India finished 2nd in the overall medal tally at the 2023 Hyundai Archery World Cup Stage 1 held in Antalya, Türkiye from 18th to 23rd April 2023, with 4 medals (2 gold, 1 silver, 1 bronze). The United States of America (USA) topped the medal tally with 4 medals(2 gold and 2 silver) and China ranked 3rd with 3 medals (1 gold, 1 silver, 1 bronze).
      • The 2023 Hyundai Archery World Cup is the 17th edition of the international archery circuit organised annually by World Archery.
      i. Indian archer Jyothi Surekha Vennam wins individual gold in Compound Women in World Cup Stage 1 in Turkey by defeating Colombia’s Sara Lopez 149-146.
      • She also won the Compound Mixed Team Event with her partner Ojas Pravin Deotale (India) with a 159-154 win over Chinese Taipei’s Chen Yi Hsuan and Chem Chieh Lun.
      • Jyothi Surekha Vennam matched the record qualifying score of 713 points to top the leaderboard in the season-opening World Cup Stage 1.
      ii. The Indian Men’s Recurve Team clinched a silver medal after losing to China in the final. The men’s recurve team comprised Tarundeep Rai, Atanu Das and Dhiraj Bommadevara.
      iii. Dhiraj grabbed the bronze medal in his World Cup debut by defeating Ilfat Abdullin of Kazakhstan 7-3 (28-28, 29-26, 28-29, 29-27, 29-27) in the individual men’s recurve section.

    8. Which state’s five-time Chief Minister (CM), Parkash Singh Badal, passed away in April 2023?
      1) Madhya Pradesh
      2) Haryana
      3) Maharashtra
      4) Punjab
      5) Jharkhand
      Answer-4) Punjab
      Explanation:
      Five-time Punjab Chief Minister (CM) and veteran Shiromani Akali Dal (SAD) leader Parkash Singh Badal passed away at the age of 95 in Mohali, Punjab. He was born on 8th December 1927 at Abul Khurana, near Malout in Punjab.
      • He has served as the CM of Punjab and holds the record for being Punjab’s youngest CM, at the age of 43 and for being the state’s oldest CM, at the age of 90.
      • Parkash Singh Badal held the CM post for five terms: Between 1970 and 1971; from 1977-1980; from 1997-2002; from 2007-2012 and from 2012-2017.
      • He briefly held the position of 11th Union Minister of Agriculture and Farmers’ Welfare under the Morarji Desai-headed government in 1977.
      Note- The Government of India awarded him the second-highest civilian award, Padma Vibhushan, in 2015(public affairs), however he returned his award in 2020 to support the 2020–2021 Indian farmers’ protest against the farm laws.

    9. What was the theme of World Intellectual Property Day (World IP Day) 2023 that was observed across the globe on 26th April 2023?
      1) IP and Youth Innovating for a Better Future
      2) Intellectual property and small businesses: Taking big ideas to market
      3) Innovate for a Green Future
      4) Innovation – Improving Lives
      5) Women and IP: Accelerating Innovation and Creativity
      Answer-5) Women and IP: Accelerating Innovation and Creativity
      Explanation:
      World Intellectual Property Day (World IP Day) 2023 was observed across the globe on 26th April 2023 with the theme of “Women and IP: Accelerating Innovation and Creativity”.
      i. The World IP Day also marks the anniversary of the establishment of the World Intellectual Property Organization(WIPO).
      ii. The first-ever World IP Day was observed on 26th April 2001.
      iii. According to WIPO data released in March 2023, it is estimated that only 16.2 percent of inventors named in international patent applications were women in 2022.

    10. Name the eighth titular Prince of Arcot, who has recently (in April ‘23) received the Indo-Australian Association (IAA)’s Meritorious Service Award 2023.
      1) Muhammad Munawar Khan
      2) Ghulam Mohammed Abdul Khader
      3) Nawab Mohammad Abdul Ali
      4) Azim Jah
      5) Azim-ud-Daula
      Answer-3) Nawab Mohammad Abdul Ali
      Explanation:
      The Indo-Australian Association (IAA) conferred the Meritorious Service Award 2023 to His Excellency Nawab Mohammad Abdul Ali, the current and eighth titular Prince of Arcot, at Amir Mahal in Chennai, Tamil Nadu (TN).
      i. The award was given by Sara Kirlew, Australian Consul General to South India, and Dr Susan Verghese, president of the Indo-Australian Association.
      ii. The award is given in recognition of Nawab’s long-standing efforts to uphold communal peace, harmony, and international relations between the 2 countries (Indo-Australia).