Current Affairs Quiz: 5 September 2023

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1. 1. In September 2023, the World Health Organization (WHO) released the outcome document of the WHO Traditional Medicine Global Summit 2023 in the form of the “ ___________ (state/UT) Declaration”.
      1) Uttar Pradesh
      2) Gujarat
      3) Delhi
      4) Maharashtra
      5) Karnataka
      
      Answer & Explanation

      Answer-2) Gujarat
      Explanation:
      The World Health Organization (WHO) released the outcome document of the WHO Traditional Medicine Global Summit 2023 in the form of the “Gujarat Declaration”.
      • This reaffirms the global commitments towards indigenous knowledge, biodiversity and traditional, complementary and integrative medicine.
      • WHO’s Traditional Medicine Global Summit “Towards Health and Well-being for All” co-hosted by the Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha, and Homoeopathy (AYUSH), Government of India (GoI) and WHO was held in Gandhinagar, Gujarat, India, on 17-18 August 2023.
      
      
      
   2. Name the Government agency/Ministry that has recently (in Sept ‘23) launched the ‘Adopt a Heritage 2.0’ programme ‘Indian Heritage’ App & e-permission portal for the preservation of monuments.
      1) Ministry of Home Affairs
      2) Centre for Cultural Resources and Training
      3) Archaeological Survey of India
      4) Ministry of Culture
      5) Ministry of Tourism
      
      Answer & Explanation

      Answer-3) Archaeological Survey of India
      Explanation:
      The Archeological Survey of India (ASI) launched the ‘Adopt a Heritage 2.0’ programme to collaborate with corporate stakeholders for the preservation of monuments at Samvet Auditorium, Indira Gandhi National Centre for the Arts(IGNCA), New Delhi, Delhi.
      • The programme was launched by Union Minister G Kishan Reddy, the Ministry of Culture, Tourism and Development of North Eastern Region(DoNER), along with Minister of State(MoS) Meenakashi Lekhi,Ministry of Culture and External Affairs.
      • The app named ‘Indian Heritage‘ and the e-permission portal were launched at the event.
      i. Under ‘Adopt a Heritage 2.0’, ASI invites corporate stakeholders to enhance amenities at Historical monuments by utilising their corporate social responsibility (CSR) funds.
      • ASI has 3696 monuments under its protection across the country.
      ii. The amenities will be sought for different monuments as per the Ancient Monuments and Archaeological Sites and Remains(AMASR) Act 1958.
      
      
      
   3. Which company has recently (in Sept ‘23) received the Certificate of Registration from the Reserve Bank of India (RBI) to start the business of Non-Banking Finance Company (NBFC)?
      1) Hinduja Leyland Finance Limited
      2) Clix Finance India Private Limited
      3) Thakur Fininvest Private Limited
      4) PTC India Financial Services Limited
      5) Bajaj Auto Consumer Finance Limited
      
      Answer & Explanation

      Answer-5) Bajaj Auto Consumer Finance Limited
      Explanation:
      Bajaj Auto Consumer Finance Limited (BACFL), a wholly-owned subsidiary of Bajaj Auto Limited, has received the Certificate of Registration from the Reserve Bank of India (RBI) to start the business of Non-Banking Finance Company (NBFC).
      i. The certification of registration was issued on 31st August 2023 under Section 45-IA of the Reserve Bank of India Act, 1934 to commence/carry on the business of the NBFC without accepting public deposits.
      
      
      
   4. Which company has recently (in Sept ‘23) collaborated with Grameen Foundation for Social Impact (GFSI) to launch the ‘Scaling Agent Viability and Quality in India’ project to upskill 1.5 lakh business correspondents (BC) in rural India?
      1) PhonePe
      2) BharatPe
      3) PayNearby
      4) Policybazaar
      5) MobiKwik
      
      Answer & Explanation

      Answer-3) PayNearby
      Explanation:
      PayNearby in collaboration with Grameen Foundation for Social Impact (GFSI) launched ‘Scaling Agent Viability and Quality in India’ project to upskill 1.5 lakh business correspondents (BC) and enlist 15,000 women BCs through the required skills, knowledge and support in rural India .
      • The project is supported by the Bill and Melinda Gates Foundation (BMGF).
      • The tenure of the project is two years.
      • PayNearby’s Distribution-as-a-Service network (DaaS) will be utilised by Grameen Foundation to offer tailored digital and financial solutions across various domains such as commerce, education, entertainment, credit management, insurance, and more.
      
      
      
   5. Name the bank that has recently (in Sept ‘23) partnered with OneCard to launch mobile-first VISA Signature metal co-branded credit cards.
      1) Punjab National Bank
      2) Indian Bank
      3) Canara Bank
      4) Bank of Baroda
      5) Bank of India
      
      Answer & Explanation

      Answer-2) Indian Bank
      Explanation:
      Indian Bank in partnership with OneCard introduced state-of-the-art, mobile-first, contactless, VISA Signature metal co-branded credit cards to offer easy access to potential users in the wake of social distancing.
      • This initiative brings features like tracking transactions in real-time, managing expenses, converting purchases into EMIs, redeeming rewards, making repayments, planning monthly budgets, adjusting credit limits, and facilitating seamless payments, all within a mobile application.
      i. State Bank of Mauritius (SBM) Bank, South Indian Bank, Catholic Syrian Bank(CSB), Federal Bank, Bank of Baroda Financial are some other OneCard Co-branded Card Issuers.
      ii. OneCard is a co-branded credit card issued by Reserve Bank of India (RBI) approved Banks and Financial Institutions in partnership with OneCard.
      • OneCard is launched and managed by FPL Technologies on a full-stack proprietary technology platform.
      
      
      
   6. Which of the following personalities has recently (in Sept ‘23) rated as A+ in the Global Finance Central Banker Report Cards 2023 by Global Finance magazine?
      1) Pierre Wunsch (Chile)
      2) Mark Carney (England)
      3) Margarita Delgado (Spain)
      4) Dimitar Radev (México)
      5) Shaktikanta Das (India)
      
      Answer & Explanation

      Answer-5) Shaktikanta Das (India)
      Explanation:
      United States of America (US)-based Global Finance magazine has rated Shaktikanta Das, Governor of the Reserve Bank of India (RBI), as A+ in the Global Finance Central Banker Report Cards 2023.
      i. Along with Shaktikanta Das, Thomas J Jordan Chairperson of the Swiss National Bank, Switzerland and Nguyen Thi Hong, Governor of State Bank of Vietnam, Vietnam were rated A+.
      ii. The Central Banker Report Cards, published annually by Global Finance since 1994, grade the central bank governors of 101 key countries, territories and districts, including the European Union, the Eastern Caribbean Central Bank, the Bank of Central African States, and the Central Bank of West African States.
      
      
      
   7. In September 2023, Dipak Gupta took over as the Interim Managing Director (MD) and Chief Executive Officer (CEO) of __________________ (Bank).
      1) Bandhan Bank
      2) IndusInd Bank
      3) RBL Bank
      4) Karur Vysya Bank
      5) Kotak Mahindra Bank
      
      Answer & Explanation

      Answer-5) Kotak Mahindra Bank
      Explanation:
      Dipak Gupta, Joint Managing Director (MD) of the Kotak Mahindra Bank Limited took over as the Interim MD and Chief Executive Officer (CEO) of the bank till 31st December 2023. He will hold the position till the Reserve Bank of India (RBI) proposes its successor.
      i. The appointment of Dipak Gupate follows the early resignation of Uday Kotak from the position of MD & CEO with effect from 1st September 2023. His tenure as MD & CEO expires on 31st Devember 2023.
      ii. Uday Kotak will continue as a part of Kotak Mahindra Bank as a non-Executive director.
      
      
      
   8. Who has recently (in September ’23) won the 93rd edition of the Formula 1 (F1) Italian Grand Prix 2023 and set a record for the most consecutive (10th) F1 wins?
      1) Max Verstappen
      2) Sergio Perez
      3) Carlos Sainz
      4) Sebastian Vettel
      5) Lewis Hamilton
      
      Answer & Explanation

      Answer-1) Max Verstappen
      Explanation:
      On September 3, 2023, Max Verstappen, Belgian-Dutch driver of Red Bull, won the 93rd edition of Italian Grand Prix, officially known as Formula 1(F1) Pirelli Gran Premio D’italia 2023 held in Monza Circuit, also known as the Autodromo Nazionale Monza, located in Monza, a town near Milan, Italy.
      • Sergio Perez (Mexico) of Red Bull and Carlos Sainz Jr. (Spain) of Ferrari, finished in 2nd and 3rd positions respectively.
      • This victory marks Max Verstappen’s 10th consecutive win of the 2023 F1 season and sets the record of Most consecutive F1 Wins.
      
      
      
   9. In September 2023, the Indian Men’s Hockey Team won the 1st Edition of Men’s Hockey5s Asia Cup Salalah 2023 by defeating ______________ (country) in the final held in Salalah, Oman.
      1) Bangladesh
      2) Oman
      3) Malaysia
      4) Japan
      5) Pakistan
      
      Answer & Explanation

      Answer-5) Pakistan
      Explanation:
      On September 2, 2023, the Indian Men’s Hockey Team won the inaugural Men’s Hockey5s Asia Cup Salalah 2023 by defeating Pakistan with 4-4 (2-0) by a penalty shootout in the final in Sultan Qaboos Youth Complex for Culture and Entertainment – Pitch 1(Stadium), Salalah, Oman.
      • With this win, India qualified for the FIH Men’s Hockey5s World Cup Oman 2024.
      • The championship held from 29 Aug – 2 Sep 2023 was for the Senior Men category, and served as a qualifying tournament for the FIH Men’s Hockey5s World Cup Oman 2024.
      • Indian Men’s hockey team was given the Gold medal with a trophy and Pakistan got Silver medal and Oman won Bronze.
      
      
      
   10. Heath Hilton Streak, Former captain of the ____________ (country) Cricket team, passed away in September 2023.
       1) Australia
       2) New Zealand
       3) Zimbabwe
       4) England
       5) West Indies
       
       Answer & Explanation

       Answer- 3) Zimbabwe
       Explanation:
       On 3rd September 2023, Heath Hilton Streak (Heath Streak), Former captain of the Zimbabwe Cricket team, passed away at the age of 49, in Matabeleland, in southwestern Zimbabwe. He was born on March 16, 1974, in Bulawayo, Zimbabwe.
       i. Heath Streak represented Zimbabwe in 65 Tests and 189 One Day Internationals (ODIs) between 1993 and 2005.
       ii. He retired from international cricket at the age of 32 in 2005 and went on to play for the English County, Warwickshire County Cricket Club (CCC).