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Current Affairs Quiz: 27 September 2023

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 27 September 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.

Our Current Affairs September 2023 events will help you to get more marks in Banking, Insurance, SSC, Railways, UPSC, CLAT and all State Government Exams. Also, try our Current Affairs Quiz.

  1. Which state government has recently (in Sept’s 23) unveiled its 7th Tiger Reserve, namely the & Veerangana Durgavati Tiger Reserve?
    1) Uttar Pradesh
    2) West Bengal
    3) Maharashtra
    4) Odisha
    5) Madhya Pradesh
    Answer-5) Madhya Pradesh
    Explanation:
    The State Government of Madhya Pradesh (MP) has unveiled its 7th Tiger Reserve namely ‘Veerangana Durgavati Tiger Reserve’ which is spread over an area of 2,339 square kilometres across Sagar, Damoh and Narsinghpur districts of MP. Parts of it fall under the Narmada and Yamuna River basins.
     The unveiling comes after the approval from the National Tiger Conservation Authority (NTCA).
     The declaration of this Tiger Reserve is in accordance with the provisions of clause (ii) of sub-section (iv) of section 38V of the Wildlife (Protection) Act, 1972 (53 of 1972).
     It will encompass areas within the Nauradehi Wildlife Sanctuary and Veerangana Durgavati Wildlife Sanctuary.
    Note- Other six Tiger Reserves in MP are Kanha, Bandhavgarh, Satpura, Pench, Panna and Sanjay-Dubri.

  2. Which company recently (in Sept ‘23) delivered first-of-its-kind two Hydrogen Fuel Cell Electric Vehicle (FCEV) buses to Indian Oil Corporation Ltd. (IOCL)?
    1) Mahindra & Mahindra Limited
    2) Hyundai Motor Company
    3) Tata Motors Limited
    4) Maruti Suzuki India
    5) Ashok Leyland Limited
    Answer-3) Tata Motors Limited
    Explanation:
    On September 25, 2023, Tata Motors Limited delivered first-of-its-kind two Hydrogen Fuel Cell Electric Vehicle (FCEV) buses to Indian Oil Corporation Ltd. (IOCL).
    i. These were flagged off by Union Minister Hardeep Singh Puri, Ministry of Petroleum & Natural Gas (MoPNG); Minister of State (MoS) Rameswar Teli, MoPNG; Shrikant Madhav Vaidya, Chairman, IOCL; among others.
    ii. The Indian Oil Corporation Ltd. is a Maharatna Central Public Sector Enterprises.
     In June 2021, Tata Motors won a tender from IOCL to supply 15 FCEV buses for testing hydrogen-based Proton Exchange Membrane (PEM) fuel-cell technology in India.
     These 12-meter buses, designed for easy boarding and seating 35 passengers, were developed at Tata Motors’ R&D (Research & development) center in Pune, Maharashtra.

  3. Name the Institute that has recently (in Sept ‘23) signed an MoU with the Indian Navy (IN) to promote academic cooperation in the varied field of Engineering & improve scientific understanding of defense-related technologies.
    1) Indian Institute of Science(IISc) Bengaluru
    2) Indian Institute of Technology (IIT) Bombay
    3) Indian Institute of Technology (IIT) Delhi
    4) Indian Institute of Technology (IIT) Kharagpur
    5) Indian Institute of Technology (IIT) Kanpur
    Answer-1) Indian Institute of Science(IISc) Bengaluru
    Explanation:
    A Memorandum of Understanding (MoU) was signed between the Indian Navy (IN) and the Indian Institute of Science (IISc), Bengaluru, Karnataka, to promote academic cooperation in the varied field of Engineering, improve scientific understanding of defense-related technologies, and create new technologies.
    i. The MoU was signed by Rear Admiral K Srinivas, Assistant Chief of Materiel (Dockyard & Refit) on behalf of the IN and Captain Shridhar Warrier (Retd), Registrar IISc and Prof B Gurumoorthy, Director of  Foundation for Science Innovation and Development (FSID) Bengaluru. FSID is promoted by IISc
    ii. It collaborates with IISc to undertake development indigenously designed & developed future-ready Transcritical carbon dioxide (CO2) based Air Conditioner (AC) plant working on natural refrigerant.

  4. As per the Economic Freedom of the World (EFW) 2023 Annual Report released by Fraser Institute in September 2023, ____________ (country) has surpassed Hong Kong to become the world’s freest economy, with a rating of 8.56, while India ranked _______ in the Index.
    1) New Zealand; 97
    2) Switzerland; 87
    3) Singapore; 82
    4) Switzerland; 97
    5) Singapore; 87
    Answer- 5) Singapore; 87
    Explanation:
    According to the Economic Freedom of the World (EFW) 2023 Annual Report released by Canadian think tank Fraser Institute, Singapore is the world’s freest economy with a rating of 8.56. India Ranked 87 in the index.
     Hong Kong and Switzerland stand as the second and the third freest economies with the rating of 8.55 and 8.47 respectively.
     Hong Kong retained the top position since the start of the EFW Index in 1970. For the first time, Hong Kong has slipped from its number one position to second place.
     The bottom five countries are – Yemen (161), Sudan(162), Syria(163), Zimbabwe(164) and Venezuela(165).
     In the 2023 EFW report, India has slipped one spot and stays at 87th rank with the ratings of 6.62. In EFW 2022 Annual Report, India obtained 6.64 ratings and stood at 86th rank.
     New Delhi(Delhi) based independent Think-Tank ‘Centre for Civil Society’ is one among the Co-publishers of the index.

  5. Which of the following points is/are “correct” with respect to the recent step taken by the Reserve Bank of India (RBI) in September 2023?
    A) RBI sanctioned the Scheme of amalgamation of The Sahebrao Deshmukh Co-operative Bank Ltd., Mumbai, Maharashtra with The Cosmos Co-operative Bank Limited, Pune, Maharashtra.
    B) RBI imposed a monetary Penalty on the State Bank of India (Rs 1.30 Crore), Indian Bank (Rs 1.62 crore), and Bank of Baroda (Rs 2 crore).
    C) RBI also imposed a penalty of Rs 8.80 Lakh on Fedbank Financial Services Limited, a Non-Banking Financial Company (NBFC) in Mumbai, Maharashtra.

    1) Only A
    2) Only A & B
    3) Only B & C
    4) Only A & C
    5) All A, B & C
    Answer-4) Only A & C
    Explanation:
    The Reserve Bank of India (RBI) took the following decisions from September 21- 25, 2023:
     On September 25, 2023, RBI in exercise of its power conferred under Sub-Section (4) of Section 44A read with Section 56 of the Banking Regulation (BR) Act, 1949 sanctioned the Scheme of amalgamation of The Sahebrao Deshmukh Co-operative Bank Ltd., Mumbai, Maharashtra with The Cosmos Co-operative Bank Limited, Pune, Maharashtra.
     On September 21, 2023, RBI imposed a monetary Penalty on the State Bank of India (Rs 1.30 Crore), Indian Bank (Rs 1.62 crore), and Punjab & Sind Bank (Rs 1 crore) in exercise of it powers conferred under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 51(1) of the BR Act.
     RBI also imposed a penalty of Rs 8.80 Lakh on Fedbank Financial Services Limited, a Non-Banking Financial Company (NBFC) in Mumbai, for non-compliance with certain provisions of the Monitoring of Frauds in NBFCs (Reserve Bank) Directions, 2016.
     On September 25, 2023, RBI cancelled the licence of the Kapol Co-operative Bank Limited, Mumbai, Maharashtra amid inadequate capital and earning prospects.
     Following, it is immediately prohibited from conducting banking activities, including accepting and repaying deposits, as defined in Section 5 (b) read with Section 56 of the BR Act, 1949 with immediate effect.

  6. Which company has recently (in Sept ‘23) signed an agreement with Oil and Natural Gas Corporation Limited (ONGC) for the sale of oil from Mumbai offshore fields?
    1) Hindustan Petroleum Corporation Limited
    2) Indian Oil Corporation Limited
    3) Bharat Petroleum Corporation Limited
    4) Oil India Limited
    5) Mangalore Refinery and Petrochemicals Limited
    Answer-1) Hindustan Petroleum Corporation Limited
    Explanation:
    Oil and Natural Gas Corporation Limited (ONGC), the largest crude oil and natural gas Company in India, signed an agreement to supply crude oil from Mumbai (Maharashtra) offshore fields to Hindustan Petroleum Corporation Limited(HPCL).
     This agreement covers the sale of approximately 4.5 million tonnes of crude oil per annum to HPCL’s Mumbai refinery.
     ONGC and HPCL are the Maharatna Central Public Sector Undertakings (CPSUs) under the Ministry of Petroleum and Natural Gas (MoPNG). HPCL is a subsidiary of ONGC
     This is ONGC’s 2nd  term agreement sealed for the sale of Mumbai Offshore crude oil post-marketing freedom.
    Note: ONGC produces 13-14 million tonnes of crude oil per year from its resources in the Arabian Sea, off the coast of Mumbai.

  7. Name the personality who has recently (in Sept ‘23) became the third Indian scientist to receive the Norman E. Borlaug award in Field Research and Application.
    1) Shrinivas Kulkarni
    2) Renu Khanna
    3) Swati Nayak
    4) Gagandeep Kang
    5) Anil Kumar Gupta
    Answer-3) Swati Nayak
    Explanation:
    Indian Scientist Swati Nayak has been named the 2023 recipient of the Norman E. Borlaug Award for ‘Field Research and Application’. She became the third Indian and first odia (Odisha) scientist to receive this award in Field Research and Application.  She is  fondly called Bihana Didi (seed lady) in Odisha.
     The award was announced in Climate Week New York City which was held from 17-24 September 2023.
     Norman E. Borlaug Award for Field Research and Application, endowed by the Rockefeller Foundation
     The award is presented annually by the World Food Prize Foundation to an individual under the age of 40 who has made a significant contribution to improving global food security and nutrition.
    Note: The other two Indians who received this award are Aditi Mukherji (2012) and Mahalingam Govindaraj (2022).

  8. Who has been recently (in Sept ‘23) appointed as the Managing director (MD) and Chief Executive Officer (CEO) of the ICICI Lombard General Insurance Limited?  
    1) Murali Sivaraman
    2) Sandeep Jagdish Batra
    3) Rakesh Jha
    4) Sanjeev Mantri
    5) Alok Kumar Agarwal
    Answer-4) Sanjeev Mantri
    Explanation:
    ICICI Lombard General Insurance Limited appointed Sanjeev Mantri as the Managing director (MD) and Chief Executive Officer (CEO) of the company following the resignation of Bhargav Dasgupta from the post.
    i. Sanjeev Mantri is currently serving as the Executive Director of ICICI Lombard General Insurance (since 2015).
    ii. Sanjeev Mantri will take on the position of MD and CEO from 1st December 2023 or the date of approval from the Insurance Regulatory and Development Authority of India (IRDAI), whichever is later, for a period of five consecutive years or his date of retirement, whichever is earlier, subject to the approval of IRDAI and the members of the company.
    iii. However, till 30th November 2023, Bhargav Dasgupta will continue to be the MD&CEO.

  9. Name the personality who has recently (in Sept ‘23) won the Formula 1 (F1) Japanese Grand Prix 2023 held in Suzuka, Japan.
    1) Lando Norris
    2) Max Verstappen
    3) Oscar Piastri
    4) Lewis Hamilton
    5) Charles Leclerc
    Answer-2) Max Verstappen
    Explanation:
    Belgian-Dutch driver Max Verstappen (competing under Dutch flag) of Red Bull won the Formula 1 (F1) Japanese Grand Prix 2023 held in Suzuka International Racing Course in Suzuka, Japan from 22nd – 24th September 2023.
     British-Belgian driver Lando Norris (competing under British Flag) of McLaren finished second while Australian racing driver Oscar Piastri of McLaren won third place.
     This marks Max Verstappen’s 13th victory in 16 races of the 2023 season and Red Bull’s 15th title of the season. This also marks his 2nd consecutive Japanese Grand Prix title, He previously won the title in 2022.
     This also marks Max Verstappen’s 48th career win. It was his 29th career pole position and the 9th pole in the 2023 season.
    i. Red Bull team won the F1 Constructors Championship 2023 by earning 623 points so far in the 2023 F1 season
     This marks Red Bull’s second consecutive Constructors title and also their sixth title since they entered the sport in 2005.
      Red Bull won the constructors’ title in 2010,2011,2012,2013,2022
    Note- Japanese Grand Prix 2023 Sponsored by Lenovo

  10. When was the United Nations (UN) International Day for the Total Elimination of Nuclear Weapons 2023 observed across the globe? 
    1) 26th September 2023
    2) 25th September 2023
    3) 24th September 2023
    4) 23rd September 2023
    5) 22nd September 2023
    Answer-1) 26th September 2023
    Explanation:
    The United Nations (UN) International Day for the Total Elimination of Nuclear Weapons 2023 was observed across the globe on 26th September 2023 to enhance public awareness about the threat posed to humanity by nuclear weapons and the necessity for their total elimination.
    i. The first-ever International Day for the Total Elimination of Nuclear Weapons was observed on 26 September 2014.
    ii. Nuclear-Weapon-Free Zones (NWFZs) are regional agreements aimed at strengthening global nuclear non-proliferation and disarmament efforts while promoting peace and security.