AffairsCloud brings you the complete and important daily Current Affairs Quiz 7 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.
- Which of the following banks has/have recently (in Sept ‘23) signed MoUs with Indian Renewable Energy Development Agency Limited (IREDA) to co-finance renewable energy projects?
1) Union Bank of India
2) Bank of Baroda
3) Indian Bank
4) Both 1 & 2
5) Both 2 & 3Answer-4) Both 1 & 2
Explanation:
On 5th September 2023, The Indian Renewable Energy Development Agency Limited (IREDA) signed Memorandums of Understanding (MoUs) with Union Bank of India (UBI) and Bank of Baroda (BoB).
i. These agreements will enable IREDA to work with UBI and BoB in loan syndication and co-lending for a variety of renewable energy projects involving both established and cutting-edge renewable energy technology.
ii. IREDA is a Mini Ratna (Category- I) Central Public Sector Enterprises (CPSE) under the administrative control of the Ministry of New & Renewable Energy (MNRE) - In which city India’s 1st Solar City was inaugurated in September 2023?
1) Chandrapur, Maharashtra
2) Tuni, Andhra Pradesh
3) Churu, Rajasthan
4) Sanchi, Madhya Pradesh
5) Bankura, West BengalAnswer-4) Sanchi, Madhya Pradesh
Explanation:
Madhya Pradesh(MP) Chief Minister(CM) Shivraj Singh Chouhan inaugurated the city of Sanchi in Raisen district in MP as India’s first Solar City.
• This is in line with Prime Minister(PM) Narendra Modi’s vision of developing a solar city in every state by 2070.
• The 3 MW and 5 MW solar plants in Nagauri and Gulgaon of Sanchi respectively cater to the city’s electrical and agricultural needs.
• In addition to this, an 8 MW grid-connected solar plant is under construction within Sanchi city.
• Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) acted as the nodal agency of the solar city project.
• MPUVNL campaigned for ‘Urja Saksharta Abhiyan’ to educate the people of Sanchi about energy saving. - Which bank has recently (in Sept ‘23) introduced Unified Payments Interface (UPI) interoperability for Central Bank Digital Currency (CBDC)?
1) State Bank of India
2) Karnataka Bank
3) RBL Bank
4) IDBI Bank
5) Canara BankAnswer-1) State Bank of India
Explanation:
India’s largest public sector bank, State Bank of India (SBI) has introduced Unified Payments Interface (UPI) interoperability for its Digital Rupee(eRupee), also called Central Bank Digital Currency (CBDC), enhancing accessibility and convenience for customers.
• Through the ‘eRupee by SBI’ application, CBDC users can now seamlessly scan merchant UPI Quick Response (QR) codes, facilitating swift and secure transactions.
• Note – IDFC First Bank also announced the integration of UPI QR codes with its CBDC.
i. SBI Card, India’s leading credit card issuer, has unveiled the latest features of its super-premium card ‘AURUM’ for C-suite executives and high-net-worth individuals. AURUM is an exclusive, by-invitation-only credit card adorned with handpicked features designed to provide cardholders with unique privileges. - Which company has recently (in Sept ‘23) launched India’s first White Label ATM (WLA) Unified Payments Interface (UPI)-Automated Teller Machine (ATM) in association with the National Payments Corporation of India (NPCI)?
1) CCAvenue Payment Gateway
2) Instamojo Payment Gateway
3) Hitachi Payment Services
4) Cashfree Payments Services
5) Razorpay Payment GatewayAnswer-3) Hitachi Payment Services
Explanation:
Hitachi Payment Services Private Ltd, a 100% subsidiary of Hitachi Ltd., and an integrated payment solutions provider, launched India’s first-ever Unified Payments Interface (UPI)-Automated Teller Machine (ATM) as a White Label ATM (WLA), in association with the National Payments Corporation of India (NPCI), offering secure cardless cash withdrawals.
• The UPI-only white-label ATM will improve customer security by eliminating the need for physical cards.
• The launch of the ‘UPI ATM’ seamlessly merges the convenience and security of UPI with traditional ATMs.
• At Present, Hitachi Payment is the only WLA operator to offer a cash deposit facility. - Which bank has recently (in Sept ‘23) launched Central Bank Digital Currency(CBDC) and Unified Payments Interface (UPI) interoperability?
1) Indian Bank
2) Punjab National Bank
3) RBL Bank
4) Karnataka Bank
5) IndusInd BankAnswer-2) Punjab National Bank
Explanation:
Punjab National Bank (PNB) launched Central Bank Digital Currency(CBDC) and Unified Payments Interface (UPI) interoperability in its PNB Digital Rupee App.
• PNB Digital Rupee app users can use their CBDC Wallets to make purchases on the UPI QR of these merchants even if they don’t have a CBDC Wallet.
• Interoperability is the technical compatibility that allows a payment system to work with other payment systems.
• The CBDC Wallet has digital rupees(e Rupee) issued by the RBI and is a tokenized digital version of the rupee. The digital rupee functions exactly like a sovereign currency and is interchangeable 1:1 with paper money. - Which company has recently (in Sept ‘23) signed an MoU with Israel Aerospace Industries Ltd (IAI) to enhance Short Range Air Defence Systems of India?
1) Hindustan Aeronautics Limited
2) Defence Research and Development Organisation
3) Bharat Heavy Electricals Limited
4) Bharat Dynamics Limited
5) Bharat Electronics LimitedAnswer-5) Bharat Electronics Limited
Explanation:
Bharat Electronics Limited (BEL) and Israel Aerospace Industries Ltd (IAI), Israel’s leading aerospace and defence company, signed a Memorandum of Understanding (MoU) for cooperation in addressing India’s growing needs in the field of Short Range Air Defence Systems.
i. The MoU was signed by K V Suresh Kumar, Director (Marketing), BEL, and Avi Elisha, Vice President and General Manager, Missile Systems Division, IAI, in the presence of Bhanu Prakash Srivastava, Chairman & Managing Director (CMD), BEL, in Bengaluru, Karnataka.
ii. The MoU aims at strengthening IAI and BEL’s capabilities and is in line with the ‘Atmanirbhar Bharat’ (Self-reliant India) and ‘Make in India’ policies of the Government of India (GoI). - Which Railway Station has recently (in Sept ‘23) certified as “Green Railway Station” with the highest rating of Platinum by IGBC (Indian Green Building Council)-Confederation of Indian Industry (CII)?
1) Mumbai Central Railway Station
2) Vijayawada Railway Station
3) Guwahati Railway Station
4) Chandigarh Railway Station
5) Vadodara Railway StationAnswer-2) Vijayawada Railway Station
Explanation:
The Vijayawada Railway Station in Andhra Pradesh(AP) has been certified as “Green Railway Station” with the highest rating of Platinum by IGBC (Indian Green Building Council)-Confederation of Indian Industry (CII).
• The rating was presented under the IGBC Green Railway Stations Rating System.
• This becomes the 2nd railway station under the South Central Railway (SCR) Zone to bag a Platinum rating after Secunderabad railway division(Telangana), which bagged the rating in 2018.
• Earlier in 2019, Vijayawada Railway Station was holding the Gold Standard Rating from IGBC – CII, which is valid for 3 years. - Name the company that has recently (in Sept ‘23) partnered with Bharat Electronics Limited (BEL) to launch ‘Indrajaal’, India’s 1st Artificial Intelligence (AI) Enabled Counter Drone.
1) Wipro PARI Robotics
2) DiFACTO Robotics
3) Kuka Robotics
4) Grene Robotics
5) echasoft RoboticsAnswer-4) Grene Robotics
Explanation:
Hyderabad’s(Telangana) Grene Robotics in partnership with Bharat Electronics Limited (BEL) launched ‘Indrajaal’ which is India’s first and the only counter-drone system that uses Artificial Intelligence (AI) and Machine Learning(ML) to counter drone threats.
i. The drone was unveiled in the presence of Lieutenant General Gurmit Singh who is the Governor of Uttarakhand.
ii. Indrajaal drone works on AI-driven platform GreneOS & it is the world’s only autonomous wide area, counter-unmanned aircraft system (C-UAS) that can defend against all classifications and all levels of autonomous drones. - Which company has recently (in Sept ‘23) partnered with the Bharat Drone Association and National Drone Pilot Association to launch the Equality Drone Training program?
1) Garuda Aerospace Pvt Ltd
2) Paras Defence and Space Technologies Ltd
3) Dhaksha Unmanned Systems Pvt. Ltd
4) Thanos Technologies Pvt. Ltd
5) TechEagle Pvt. LtdAnswer-1) Garuda Aerospace Pvt Ltd
Explanation:
Garuda Aerospace Private Limited along with Bharat Drone Association and National Drone Pilot Association launched the Equality Drone Training program, in Chennai, Tamil Nadu.
• The 10 days program is specifically designed for persons with disabilities to offer them (free-of-cost) training, education, and skill development.
• The program strengths the Diversity, Equity and Inclusion (DEandI) initiatives of Garuda Aerospace
• Agnishwar Jayaprakash is the Founder and Chief Executive Officer(CEO) of Garuda Aerospace Private Limited which was established in 2015. - Which state’s Food Processing Society has recently (in Sept ‘23) signed an MoU with the State Bank of India (SBI) to upgrade and establish a minimum of 7,500 micro-food processing units?
1) Maharashtra
2) Gujarat
3) Andhra Pradesh
4) Odisha
5) West BengalAnswer-3) Andhra Pradesh
Explanation:
The Andhra Pradesh Food Processing Society (APFPS), under the Department of Agriculture & Marketing, Government of Andhra Pradesh (AP), signed a Memorandum of Understanding (MoU) with the State Bank of India (SBI) for upgrading and establishing a minimum of 7,500 micro-food processing units in AP.
• This agreement will be executed during the fiscal year 2023-24(FY24) under the Prime Minister Formalisation of Micro Food Processing Enterprises (PMFME) scheme.
• The collaboration aimed at fostering the growth of the food processing industry in Andhra Pradesh.
• As part of this MoU, SBI will offer collateral-free loans of up to Rs 10 lakh to eligible beneficiaries, following the guidelines of the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) under the Agri Infrastructure Fund (AIF).
- Which of the following banks has/have recently (in Sept ‘23) signed MoUs with Indian Renewable Energy Development Agency Limited (IREDA) to co-finance renewable energy projects?
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