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- Which of the following points is/are “correct” with respect to the Union Cabinet approval on 7th June 2023?
A) The cabinet has approved the third revival package for Bharat Sanchar Nigam Ltd (BSNL) with a total outlay of Rs 89,047.82 crore that includes allotment of 4G/5G spectrum through equity infusion.
B) The cabinet also approved the continuation of the central sector plan ‘Exploration of Coal and Lignite scheme’ with an estimated expenditure of Rs 1,280 crore with extension of time period from 2021-22 to 2026-27 co-terminus with the 15th Finance Commission cycle.
C) The Union Cabinet also approved the extension of Metro Connectivity from HUDA City Centre on the Delhi Metro’s Yellow Line to Cyber City in Gurugram (Haryana).
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C
5) All A, B & CAnswer-4) Only A & C
Explanation:
On June 07, 2023, the Union Cabinet chaired by the Prime Minister (PM) Narendra Modi approved the following proposals.
i. The cabinet has approved the third revival package for Bharat Sanchar Nigam Ltd (BSNL) with a total outlay of Rs 89,047.82 crore that includes allotment of 4G/5G spectrum through equity infusion.
• The authorized capital of BSNL was increased from Rs. 1,50,000 crore to Rs. 2,10,000 crore.
ii. The Cabinet Committee on Economic Affairs (CCEA) chaired by PM Narendra Modi has approved the increase in the Minimum Support Prices (MSP) for all mandated Kharif Crops for Marketing Season 2023-24.
iii. The CCEA chaired by PM Narendra Modi also approved the continuation of the central sector plan ‘Exploration of Coal and Lignite scheme’ with an estimated expenditure of Rs 2,980 crore with extension of time period from 2021-22 to 2025-26 co-terminus with the 15th Finance Commission cycle.
iv. The Union Cabinet headed by PM Narendra Modi also approved the extension of Metro Connectivity from HUDA City Centre on the Delhi Metro’s Yellow Line to Cyber City in Gurugram (Haryana) spanning a distance of 28.50 km and encompass a total of 27 stations along the route.
• The entire project will be elevated and have a spur (side line) from Basai village to Dwarka Expressway, for connectivity to the depot. - Which company, along with the Ministry of Women and Child Development (MWCD), has recently (in June ‘23) launched the Amrit Generation campaign to empower and engage the youth of India?
1) Tata Consultancy Services
2) Google
3) Meta
4) Microsoft Corporation
5) Wipro LimitedAnswer-3) Meta
Explanation:
Meta (formerly known as Facebook) and the Ministry of Women and Child Development (MWCD) launched the Amrit Generation campaign to empower and engage the youth of India (age group of 16-18 years) to express their aspirations and dreams for the future. The campaign starts on 8th June 2023.
i. The campaign was launched by Union Minister Smriti Irani, MWCD on 7th June 2023.
ii. The campaign invites youths to showcase their creativity and share their aspirations by creating Reels on Instagram and Facebook using the #Amrit Generation. - According to Renewable Energy Market Update – June 2023 of International Energy Agency (IEA) report, the Global renewable capacity additions are set to increase by ___________ gigawatts (GW) to over 440 GW in 2023.
1) 107
2) 125
3) 100
4) 85
5) 98Answer-1) 107
Explanation:
According to Renewable Energy Market Update – June 2023 of International Energy Agency (IEA), the Global renewable capacity additions are set to increase by 107 gigawatts (GW), the largest absolute increase ever, to more than 440 GW in 2023.
• The growth in renewable capacity is fueled by the expanding policy support, growing energy security concerns and improving competitiveness against fossil fuel alternatives.
• Solar photovoltaic (PV) capacity, including both large utility-scale and small distributed systems, accounts for two-thirds of 2023’s projected increase in global renewable capacity.
• Solar PV additions will continue to increase in 2024 while challenges remain for wind expansion. Without rapid policy implementation, the global onshore wind additions in 2024 are expected to fall by around 5% from 2023 levels. - According to the ICRA report on Indian Banking Sector released in June 2023, Bond issuances by banks are projected to decrease to Rs __________ in FY24 from a record high of Rs 1.1 lakh crore in FY23.
1) 30,000 crore
2) 60,000 crore
3) 40,000 crore
4) 90,000 crore
5) 50,000 croreAnswer-4) 90,000 crore
Explanation:
According to the ICRA report on Indian Banking Sector, Bond issuances by banks are projected to decrease to Rs 90,000 crore in FY24 from a record high of Rs 1.1 lakh crore in FY23. This is attributed to improved liquidity conditions and increased inflows from foreign investors.
• Banks issue bonds as a means to secure funding and strengthen their capital base.
i. Stronger foreign institutional investor (FII)/foreign portfolio investment (FPI) inflows, derecognition of the Rs 2,000 note, and a potential dividend from the Reserve Bank of India (RBI) are anticipated to alleviate liquidity conditions temporarily.
ii. Regarding Tier-I or Additional Tier I (ATI) bonds, issuances are projected to be lower than the levels observed between FY2022 and FY2023, estimated at Rs 30,000-33,400 crore due to lower scheduled call options. - Name the personality from India who has recently (in June ‘23) selected for United Nations Educational, Scientific and Cultural Organization (UNESCO)’s 2023 Michel Batisse Award for Biosphere Reserve Management.
1) Arushi Mishra
2) Rajiv Bhartari
3) Jagdish Sudhakar Bakan
4) Manoj Misra
5) Roshan JaggiAnswer-3) Jagdish Sudhakar Bakan
Explanation:
Jagdish Sudhakar Bakan, wildlife warden and District Forest Officer (DFO) of Ramanathapuram district, Tamil Nadu (TN) has been selected for United Nations Educational, Scientific and Cultural Organization (UNESCO)’s 2023 Michel Batisse Award for Biosphere Reserve Management.
• He is the first Indian to win Michel Batisse Award.
i. He is currently the Director of Gulf of Mannar Biosphere Reserve, Tamil Nadu & He has been chosen for the award for his work in the Gulf of Mannar Biosphere Reserve, which is endowed with rich marine biodiversity, including several species of fish, coral, birds, sea turtles, crustaceans.
ii. He will receive the Michel Batisse Award for Biosphere Reserve Management on June 14 2023 in Paris, France. - In June 2023, the Competition Commission of India (CCI) approved the acquisition of an additional _______ shareholding of Acko Technology and Services Private Limited (Acko Tech) by General Atlantic Singapore ACK Pte. Ltd. (GASACK).
1) 1.98%
2) 5.87%
3) 4.04%
4) 2.26%
5) 3.09%Answer-3) 4.04%
Explanation:
The Competition Commission of India (CCI) approved the acquisition of an additional 4.04% shareholding of Acko Technology and Services Private Limited (Acko Tech) by General Atlantic Singapore ACK Pte. Ltd. (GASACK).
i. The CCI has approved the proposed combination subject to compliance with amendments jointly provided by GASACK and GAP Bermuda, LP pursuant to Regulation 19(2) of the Rules of the Competition Commission of India (Procedure in Commercial Transactions Related to Combinations), 2011.
ii. General Atlantic Singapore ACK Pte (GASACK) is an investment holding company held by funds or vehicles controlled by US-based private equity firm General Atlantic. - Name the company that has recently (in June’ 23) partnered with the Indian Space Research Organization (ISRO) to design and develop Crew Module Recovery Models (CMRM) for recovery team training of the Gaganyaan Mission.
1) Garuda Aerospace
2) Tata Elxsi
3) Agnikul Cosmos
4) Dhruva Space Private Limited
5) Skyroot AerospaceAnswer-2) Tata Elxsi
Explanation:
Tata Elxsi, a leading global design and technology company has partnered with the Indian Space Research Organization (ISRO) to design and develop Crew Module Recovery Models (CMRM) for recovery team training of the Gaganyaan Mission.
• The project marked Tata Elxsi’s entry into mechanical design for space.
• This is the first time ISRO has outsourced the mechanical design and development work to an external partner for a critical system.
i. Currently, two Recovery-Models CMRM and Ground Support Fixture (GSF) have been delivered to Naval training teams at Kochi (Kerala) and Visakhapatnam (Andhra Pradesh) to train the recovery teams.
ii. ISRO’s Gaganyaan Mission aims to demonstrate Human Spaceflight capability by launching a three-member crew onto an orbit of 400 km for a three-day mission and bringing them back to Earth safely by landing in Indian sea waters. - Which of the following points is/are “correct” with respect to the International Boxing Association (IBA) World Men’s Boxing Championships (2023) held in Tashkent, Uzbekistan from 30th April to 14th May 2023?
A) 3 Indian boxers, Deepak Kumar Bhoria, Mohammed Hussamuddin and Nishant Dev, have won the bronze medal at the 22nd edition of the International Boxing Association (IBA) Men’s World Boxing Championships (2023)?
B) Russia topped the overall medal tally with 9 medals (5 gold, 2 silver and 2 bronze) followed by Uzbekistan with 5 medals (4 gold and 1 silver).
C) India and Spain won 3 medals (bronze) and ranked 12th in Medal tally.
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C
5) All A, B & CAnswer-4) Only A & C
Explanation:
3 Indian boxers, Deepak Kumar Bhoria, Mohammed Hussamuddin and Nishant Dev, have won the bronze medal at the 22nd edition of the International Boxing Association (IBA) Men’s World Boxing Championships (2023), held at the Humo Arena in Tashkent, Uzbekistan from 30 April-14 May 2023.
i. Uzbekistan topped the overall medal tally with 9 medals (5 gold, 2 silver and 2 bronze) followed by Kazakhstan with 5 medals (4 gold and 1 silver) and Russia at 3rd with 6 medals (2 Gold and 4 bronze). India and Spain won 3 medals (bronze) and ranked 12th in Medal tally.
• With this win, India have won a total of 10 medals (till date) at the IBA Men’s World Boxing Championships. For the first time India has won 3 medals at a single edition of the tournament.
ii. Indian Medallist (3 Bronze):Category Winner Flyweight 51KG Deepak Kumar Bhoria Light Middleweight 71 KG Nishant Dev Featherweight 57 KG Mohammad Hussamuddin - In June 2023, Gitanjali Aiyar, one of India’s first English news presenters (anchor) on national broadcaster Doordarshan (DD) passed away.
In which year, she was honoured with the Indira Gandhi Priyadarshini Award for Outstanding Women?
1) 1995
2) 1990
3) 1989
4) 1980
5) 1997Answer-3) 1989
Explanation:
Gitanjali Aiyar, one of India’s first English news presenters (anchor) on national broadcaster Doordarshan (DD) passed away. She was born on 29th January 1947.
i. She worked with DD for over 3 decades since 1971 and was awarded the best anchor 4 times. She was honoured with the Indira Gandhi Priyadarshini Award for Outstanding Women in 1989.
ii. She also worked as the Head of Major Donors department World Wildlife Fund (WWF) India. - What was the theme of World Brain Tumour Day 2023 that was observed across the globe on 8th June 2023?
1) Together We Are Stronger
2) Protect yourself- keep away from stress
3) Stop Multiple Sclerosis
4) Together, We Can Make a Difference
5) Close the Care GapAnswer-2) Protect yourself- keep away from stress
Explanation:
World Brain Tumour Day 2023 was observed on the 8th June 2023 across the globe with the theme of “Protect yourself- keep away from stress.”
• Brain Tumour is an unusual growth of cells in the brain or around it, which causes pressure inside the skull and it can be cancerous (malignant) or non-cancerous (benign).
• The Gray ribbon is the official symbol of raising awareness for Brain Tumour and Brain Cancers.
i. World Brain Tumour Day was established by the Deutsche HirntumorhilfeV. (German Brain Tumour Association), a Leipzig(Germany)-based non-profit organisation in 2000.
ii. Since 2000, World Brain Tumour Day has been celebrated annually on 8 June as a contribution to brain tumour patients and their family.
- Which of the following points is/are “correct” with respect to the Union Cabinet approval on 7th June 2023?
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