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- In May 2023, Prime Minister (PM) Narendra Modi virtually flagged off Uttarakhand’s 1st semi-high-speed Vande Bharat Train connecting Dehradun with ___________ (state/UT).
1) Uttar Pradesh
2) Delhi
3) Haryana
4) Madhya Pradesh
5) Himachal Pradesh
Answer & Explanation
Answer-2) Delhi
Explanation:
Prime Minister (PM) Narendra Modi virtually flagged off Uttarakhand’s 1st semi-high-speed Vande Bharat Train connecting Dehradun with Delhi.
• The inaugural run of the train connects Dehradun to Delhi’s Anand Vihar terminal.
• This will be the 6th Vande Bharat train connecting Delhi from a different state. This also marks the 18th Vande Bharat train in India.
i. PM Modi also dedicated the newly electrified rail line sections in Uttarakhand. with this Uttarakhand will have its entire rail route 100% electrified.
ii. Note: At present, Delhi is connected via Vande Bharat train with Ajmer(Rajasthan), Varanasi(Uttar Pradesh), Katra(Jammu and Kashmir), Bhopal(Madhya Pradesh), and Amb Andaura(Himachal Pradesh).
- In May 2023, the Securities and Exchange Board of India (SEBI) constituted a 21-member Intermediary Advisory Committee, chaired by the former SEBI executive director (ED) ____________.
1) Usha Narayanan
2) Upendra Kumar Sinha
3) S Ravindran
4) Dipali Goenka
5) Jitendra Nath Gupta
Answer & Explanation
Answer-3) S Ravindran
Explanation:
The Securities and Exchange Board of India (SEBI) constituted a 21-member Intermediary Advisory Committee chaired by the former SEBI executive director (ED) S Ravindran.
• The committee will advise SEBI on changes in legal framework and increasing transparency in the functioning of market intermediaries like stock exchanges, depository participants, clearing corporations, among others.
i. The committee has representation from the broking community, legal, and financial institutions which include Ashish Chauhan, Managing Director (MD) and Chief Executive Officer (CEO) of National Stock Exchange (NSE); Sundararaman Ramamurthy, MD & CEO of Bombay Stock Exchange (BSE); Vijay Mehta, President of brokers’ body Association Of National Exchanges Members Of India (ANMI).
ii. Member- Secretary – Jeevan Sonparote, Chief General Manager, SEBI.
- In May 2023, the Reserve Bank of India (RBI) sanctioned the voluntary scheme of amalgamation of Maratha Sahakari Bank Ltd with ___________ (Co-operative Bank).
1) Cosmos Co-operative Bank
2) Saraswat Co-operative Bank
3) Abhyudaya Co-operative Bank
4) Janata Co-operative Bank
5) Bharat Co-operative Bank
Answer & Explanation
Answer-1) Cosmos Co-operative Bank
Explanation:
The Reserve Bank of India (RBI) sanctioned the voluntary Scheme of Amalgamation of Maratha Sahakari Bank Ltd., Mumbai (Maharashtra) with the Cosmos Co-operative Bank Ltd, Pune (Maharashtra), the second largest urban cooperative bank of India, from May 29, 2023, in exercise of its powers conferred under Sub-Section (4) of Section 44A read with Section 56 of the Banking Regulation (BR) Act, 1949.
i. In accordance with the scheme, all the 7 branches of Maratha Sahakari Bank Ltd., will function as branches of The Cosmos Co-operative Bank Limited.
ii. Maratha Sahakari Bank was founded in 1946 and has seven branches in Mumbai. RBI had placed Maratha Sahakari Bank under Directions under Section 35 of the BR Act, 1949, on August 31, 2016.
iii. The Directions were extended from time to time and the final extension was made on February 28, 2023, till March 31, 2023.
- In May 2023, a consortium led by ________ (company) received an advance purchase order worth Rs __________ from Bharat Sanchar Nigam Ltd. (BSNL) for the deployment of a 4G network across India.
1) Wipro Limited; 25,000 crore
2) Tata Consultancy Services Limited; 15,000 crore
3) Infosys Limited; 25,000 crore
4) Tata Consultancy Services Limited; 30,000 crore
5) Infosys Limited; 15,000 crore
Answer & Explanation
Answer-2) Tata Consultancy Services Limited; 15,000 crore
Explanation:
The Tata Consultancy Service Limited (TCS)-led consortium has received an advance purchase order worth Rs 15,000 crore from Bharat Sanchar Nigam Ltd. (BSNL), a central public sector undertaking (PSU) under the Department of Telecommunications, Ministry of Communications, for the deployment of a 4G network across India.
i. The consortium, consisting of Tejas Network Ltd., the Centre for Development of Telematics (C-DOT), and the central PSU, ITI Ltd. (formerly known as Indian Telephone Industries Limited), has won the bid for BSNL’s pan-India 4G project. Around 75% of the deal value will go to TCS.
- Which bank has recently (in May ‘23) appointed Srikrishnan Harihara Sarma as the Managing Director (MD) and Chief Executive Officer (CEO) for a period of 3 years?
1) RBL Bank
2) Karnataka Bank
3) YES Bank
4) Axis Bank
5) IndusInd Bank
Answer & Explanation
Answer-2) Karnataka Bank
Explanation:
Karnataka Bank, one of the leading South Indian Private sector banks, appointed Srikrishnan Harihara Sarma as its new Managing Director (MD) and Chief Executive Officer (CEO) for a period of 3 years with effect from the date of his assuming charge.
• He succeeds Sekhar Rao, who has been serving as the Interim MD and CEO of Karnataka Bank since April 2023.
i. Following the approval from the Reserve Bank of India (RBI), the board of directors has appointed Sarma as an additional director to take up the role as MD & CEO.
ii. As per SEBI (LODR) (Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)) Regulations, 2015, appointment is subject to approval of shareholders at the Annual General Meeting or within three months from the date of assuming charge.
- Name the personality from India who has been recently (in May ‘23) appointed as a member of the Advisory Committee to the President of the 28th Session of the Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC).
1) N. R. Narayana Murthy
2) Ratan Tata
3) Gautam Adani
4) Azim Premji
5) Mukesh Ambani
Answer & Explanation
Answer-5) Mukesh Ambani
Explanation:
Mukesh Ambani, the Chairman and Managing Director (CMD) of Reliance Industries has been appointed as a member of the Advisory Committee to the President of the 28th Session of the Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC).
i. Mukesh Ambani is the only Indian, other than Sunita Narain, Director General, Centre for Science and Environment, on the Advisory Committee to the President of COP28.
ii. The United Arab Emirates (UAE) will host the COP28 Advisory Committee from November 30 to December 12, 2023 in Dubai, UAE that brings together the climate expertise of thought leaders from countries across 6 continents.
- In May 2023, Indian Navy along with Indian Space Research Organisation (ISRO) released a ‘Gaganyaan Recovery Training Plan’ at the state-of-the-art Water Survival Test Facility (WSTF) at Indian Naval Ship (INS) ________________ .
1) INS Dronacharya
2) INS Utkrosh
3) INS Hansa
4) INS Garuda
5) INS Dega
Answer & Explanation
Answer-4) INS Garuda
Explanation:
The Indian Navy along with Indian Space Research Organisation (ISRO) released a ‘Gaganyaan Recovery Training Plan’ at the state-of-the-art Water Survival Test Facility (WSTF) at INS (Indian Naval Ship) Garuda, Kochi, Kerala.
i. The training document was jointly released by Vice Admiral Atul Anand, Director General of Naval Operations, Indian Navy, Dr Unnikrishnan Nair, Director, Vikram Sarabhai Space Centre (VSSC), and Dr Umamaheshwaran R, Director, Human Space Flight Centre (HSFC) of ISRO.
ii. The document provides a Training plan for the recovery of the crew module for the Gaganyan mission.
- A noted _____________ (language) writer and Sahitya Akademi awardee Govindaray H Nayak, passed away in May 2023.
1) Malayalam
2) Kannada
3) Tamil
4) Telugu
5) Bengali
Answer & Explanation
Answer-2) Kannada
Explanation:
A noted Kannada writer, critic and Sahitya Akademi award winner Govindaray H Nayak, popularly known as GH Nayak passed away at his residence in Mysuru, Karnataka at the age of 88.
i. Some of his notable works include Samakaleena, Anivarya, and Uttarardha.
ii. In 2014, he was honoured with the Sahitya Akademi Award for the compilation of his essays on literary criticism titled “Uttaraardha” (Kannada).
- Who authored the book, RINGSIDE – Up, Close, and Personal on India and Beyond, is set to be released by Shashi Tharoor on 30th May 2023 in Delhi?
1) Amar Nath Agarwal
2) Debananda Amat
3) Govindrao Adik
4) Wasim Ahmad
5) Vijay Darda
Answer & Explanation
Answer-5) Vijay Darda
Explanation:
“RINGSIDE – Up, Close, and Personal on India and Beyond”, a new book written by former member of parliament (MP) Dr Vijay Darda, Chairman of the editorial board of Lokmat Media Group, is set to be released by renowned author and Congress MP Dr Shashi Tharoor on 30th May 2023 in New Delhi, Delhi.
i. The book is a compilation of Darda’s weekly articles, which were published in the Lokmat Media Group newspapers and other prominent national and regional dailies of the country between 2011 and 2016.
ii. Darda served as an active member of the Rajya Sabha for three consecutive terms from 1998 to 2016.
- Which of the following points is/are “correct” with respect to the recent appointment of chief justices of High Courts in May 2023?
A) The Government of India (GoI) appointed chief justices to five High Courts: Bombay, Madras, Himachal Pradesh, Kerala and Rajasthan.
B) Justice Ramesh Deokinandan Dhanuka took oath as the Chief Justice (CJ) of Bombay HC, will retire on 30th May 2023 and is set to have the shortest tenure as CJ of the Bombay HC.
C) Justice Mamidanna Satya Ratna Sri Ramachandra Rao has been appointed as the CJ of the Madras HC succeeding Justice S Vaidyanathan.
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C
5) All A, B & C
Answer & Explanation
Answer-2) Only A & B
Explanation:
On 27th May 2023, the Government of India (GoI) appointed chief justices to five High Courts: Bombay, Madras, Himachal Pradesh, Kerala and Rajasthan. These appointments were recommended by the Supreme Court Collegium headed by Chief Justice of India (CJI) D Y Chandrachud on 19th April 2023.
• On 27th May 2023, Justice Ramesh Deokinandan Dhanuka took oath as the Chief Justice(CJ) of Bombay HC succeeding Justice Sanjay Vijaykumar Gangapurwala, Acting Chief Justice(ACJ) of Bombay HC.
• Justice Ramesh D Dhanuka, who is set to retire on 30th May 2023, will have the shortest tenure as CJ of the Bombay HC.
- In May 2023, Prime Minister (PM) Narendra Modi virtually flagged off Uttarakhand’s 1st semi-high-speed Vande Bharat Train connecting Dehradun with ___________ (state/UT).
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