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- Name the company that has recently (in Sept ‘23) signed an MoU with the Indian Railways’ Gati Shakti Vishwavidyalaya (GSV) Vadodara to enhance India’s aviation sector.
1) Lockheed Martin
2) Boeing
3) Airbus
4) BAE Systems
5) Dassault AviationAnswer-3) Airbus
Explanation:
On September 7, 2023, Indian Railways’ Gati Shakti Vishwavidyalaya (GSV) Vadodara (Gujarat) and Airbus, an European multinational aerospace corporation, signed an Memorandum of Understanding (MoU) for collaboration to enhance India’s aviation sector.
• Gati Shakti Vishwavidyalaya is a Central University under Ministry of Railways in Vadodara, Gujarat. This is India’s first University in the Transportation and Logistics sectors.
• The MoU entails a partnership between two entities to establish a C295 aircraft facility in Vadodara.
• It will support the creation of sector-specific training programs for students and professionals, collaborative research, industry exposure for faculty, student internships, placements, and scholarships. - As per the 8th edition of the U.S. News & World Report’s Best Countries Rankings 2023 released in September 2023, India secured __________ rank, while _________ (country) topped as the world’s best country for the 2nd consecutive time.
1) 29th; Sweden
2) 30th; Switzerland
3) 29th; Canada
4) 30th; Sweden
5) 40th; SwitzerlandAnswer-2) 30th; Switzerland
Explanation:
According to the 8th edition of U.S. News & World Report’s Best Countries Rankings 2023, India improved its ranking by one spot to claim 30th rank in 2023 with an overall score of 40.8. India was ranked 31 out of 85 in 2022.
• The list is topped by Switzerland, among 87 countries, for the second consecutive time and sixth time overall.
• Switzerland secured a place in the top 25 for all 10 subrankings.
• Switzerland is followed by Canada at 2nd rank, and Sweden at 3rd rank.
• The rankings are developed in collaboration with global marketing communications company WPP and its proprietary BAV brand analytics tool, and by the Wharton School of the University of Pennsylvania, United States (US).
• The ranking evaluated 87 countries, more than 17,000 respondents on 73 attributes. - Which of the following points is/are “correct” with respect to the Global Fintech Fest (GFF) held in Mumbai, Maharashtra in September 2023?
A) Global Fintech Fest (GFF) was jointly organized by the National Payments Corporation of India (NPCI), the Payments Council of India (PCI), and the Fintech Convergence Council (FCC).
B) The Reserve Bank of India (RBI) Governor Shaktikanta Das recently announced five new innovative payment solutions developed by the National Payments Corporation of India (NPCI) at the Global Fintech Fest 2023.
C) Tom Greenwood, Founder & CEO of Online PSB Loans Limited won the Global Fintech Awards 2023 under the Fintech Personality of the Year – Gulf Cooperation Countries (GCC) Category.
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C
5) All A, B & CAnswer- 2) Only A & B
Explanation:
Global Fintech Fest (GFF) is the largest fintech 3-day conference held from September 5 to 7, 2023 at the Jio World Convention Centre, Mumbai, Maharashtra, India. It was jointly organized by the National Payments Corporation of India (NPCI), the Payments Council of India (PCI), and the Fintech Convergence Council (FCC).
• Theme: Global collaboration for a responsible financial ecosystem -Inclusive | Resilient | Sustainable. The 5th edition of GFF will take place on October 8-10, 2024.
• Finance Minister Nirmala Sitharaman’s address at the Global Fintech Fest 2023 in Mumbai covered several important aspects of India’s financial ecosystem and its challenges.
• The Reserve Bank of India (RBI) Governor Shaktikanta Das recently announced five new innovative payment solutions developed by the National Payments Corporation of India (NPCI) at the Global Fintech Fest 2023.
• Adeeb Ahamed, Managing Director, Lulu Financial Holdings won the Global Fintech Awards 2023 under the Fintech Personality of the Year – Gulf Cooperation Countries (GCC) Category.
• The Unique Identity Authority of India (UIDAI) made a significant impact at the Global Fintech Festival (GFF) 2023 in Mumbai, organized an industry meet-up under the theme “Reimagine Aadhaar #together.”
• The State Bank of India (SBI), the largest lender in the country, has unveiled the ‘Nation First Transit Card,’ also known as the RuPay National Common Mobility Card (NCMC) Prepaid Card, at the Global Fintech Fest 2023. - In September 2023, ____________ became the first foreign bank in India to offer an Open Network for Digital Commerce(ONDC)-enabled proposition.
1) Standard Chartered Bank India
2) DBS Bank India
3) HSBC India
4) CSB Bank India
5) Citibank IndiaAnswer-3) HSBC India
Explanation:
Hongkong and Shanghai Banking Corporation (HSBC) India has launched ‘Open Network for Digital Commerce(ONDC) in a Box’, a one-stop-shop proposition for corporations to participate in ONDC platform, during the Global Fintech Fest (GFF) 2023 held in Mumbai, Maharashtra.
i. With this launch, HSBC India becomes the first foreign bank in India to offer an ONDC-enabled proposition.
ii. ONDC in a box was developed in partnership with Protean eGov Technologies Ltd (Protean) and Shayr Omnichannel Private Limited (Adya). - Name the bank that has recently (in Sept ‘23) became the first Public Sector Bank (PSB) to offer Metal Debit Card cards, serving High-Net-Worth Individuals (HNI) and women customers.
1) Union Bank of India
2) Bank of Baroda
3) Bank of India
4) Punjab National Bank
5) Indian BankAnswer-1) Union Bank of India
Explanation:
Union Bank of India (UBI) has introduced two new Debit Card variants, the HNI Emperio RuPay Metal Debit Card and the RuPay Empower Her Debit Card, in association with the National Payments Corporation of India (NPCI).
• With this, UBI became the first Public Sector Bank (PSB) to offer Metal Debit Card cards, serving High-Net-Worth Individuals (HNI) and women customers.
• These cards are issued on the RuPay network.
• The cards were unveiled at the Global Fintech Fest(GFF) 2023 in Mumbai, Maharashtra by UBI’s MD & CEO (Managing Director & Chief Executive Officer), A. Manimekhalai, and NPCI’s COO (Chief Operating Officer), Praveena Rai. - Name the ministry that has recently (in Sept ‘23) set up a new permanent Central Empowered Committee (CEC), replacing an Supreme Court (SC)’s ad hoc expert panel.
1) Ministry of Law and Justice
2) Ministry of Parliamentary Affairs
3) Ministry of Environment, Forest and Climate Change
4) Ministry of Home Affairs
5) Ministry of Social Justice and EmpowermentAnswer-3) Ministry of Environment, Forest and Climate Change
Explanation:
The Ministry of Environment, Forest and Climate Change (MoEF&CC) has set up a new permanent Central Empowered Committee (CEC), replacing an ad hoc expert panel with the same name which assisted the Supreme Court (SC) in matters of forest and environment issues.
i. Now, CEC is instituted as a permanent statutory body on environmental issues, and Government of India (GoI) has full control over the constitution of the CEC.
• This development followed the Forest Conservation (Amendment) Bill, 2023.
• In this regard, the Union government will nominate and appoint members to the new CEC.
• It will comprise a chairperson, a member secretary and three expert members.
• The chairperson, with a minimum of 25 years of experience in environmental, forestry, or wildlife fields or substantial administrative expertise in government, will serve a maximum term of three years. - In September 2023, the Competition Commission of India (CCI) approved the acquisition of up to ___________ equity shares of RHI Magnesita NV by Ignite Luxembourg Holdings S.à r.l.
1) 36.2%
2) 20.6%
3) 32.4%
4) 29.9%
5) 40.1%Answer-4) 29.9%
Explanation:
The Competition Commission of India (CCI) has approved the acquisition of up to 29.9% equity shares of RHI Magnesita NV by Ignite Luxembourg Holdings S.à r.l.
• Acquirer– Ignite Luxembourg Holdings S.à r.l
• Target– RHI Magnesita NV
• This acquisition led to an indirect acquisition of RHI Magnesita India Limited (RHIM India), as no shares of the Indian company were being purchased as part of the Proposed Combination. - Name the defence sector that has recently (in Sept ‘23) tested the efficacy and foolproof functioning of the Military Combat Parachute System.
1) Indian Air Force
2) Indian Navy
3) National Security Guard
4) Assam Rifles
5) Border Security ForceAnswer- 1) Indian Air Force
Explanation:
The Indian Air Force (IAF) tested the efficacy and foolproof functioning of the Military Combat Parachute System which is indigenously designed and developed by Aerial Delivery Research and Development Establishment (ADRDE).
• ADRDE is a Research & Development (R&D) lab of Defence Research and Development Organisation (DRDO).
• Testing: A test jumper of the IAF, intentionally detached the main parachute and let the reserve parachute open on its own through Reserve Static Line (RSL), without activation of the Reserve Handle, even before the Barometric Automatic Activation Device(AAD). - When was International Literacy Day (ILD) 2023 observed across the globe by the United Nations Educational, Scientific and Cultural Organisation (UNESCO)?
1) 7th September 2023
2) 5th September 2023
3) 9th September 2023
4) 6th September 2023
5) 8th September 2023Answer-5) 8th September 2023
Explanation:
The United Nations Educational, Scientific and Cultural Organisation (UNESCO)’s International Literacy Day (ILD) 2023 observed on 8th September 2023 across the globe, to remind the public of the importance of literacy as a matter of dignity and human rights, and to advance the literacy agenda towards a more literate and sustainable society.
• The 2023 theme of ILD is, ‘Promoting literacy for a world in transition: Building the foundation for sustainable and peaceful societies’.
• The first-ever International Literacy Day was observed on 8th September 1967.
• On 15 November 2019 at UNESCO’s 40th General Conference in Paris (France), the Member States agreed to adopt a new UNESCO Strategy for Youth and Adult Literacy (2020-2025).
• On the occasion of ILD 2023(on 8th September 2023), UNESCO announced the winner of UNESCO International Literacy Prizes (ILP) which reward excellence and innovation in the field of literacy around the world to promote effective and innovative practices and encourage dynamic literate societies.
• Currently, there are 2 UNESCO ILPs, The UNESCO King Sejong Literacy Prize (3 awards) and The UNESCO Confucius Prize for Literacy (3 awards). - When was World Physical Therapy (PT) Day 2023 observed across the globe?
1) 4th September 2023
2) 6th September 2023
3) 8th September 2023
4) 5th September 2023
5) 7th September 2023Answer-3) 8th September 2023
Explanation:
World Physical Therapy (PT) Day, also known as World Physiotherapy Day, 2023 was observed across the globe on 8th September 2023 to raise awareness about the importance of physical therapy and the role it plays in improving the health, well-being, and quality of life of individuals across the globe.
• The 2023 campaign theme of World Physical Therapy Day is “Arthritis and the Role of Physiotherapists”.
• The date, 8th September, marks the day on which WCPT was founded in 1951.
- Name the company that has recently (in Sept ‘23) signed an MoU with the Indian Railways’ Gati Shakti Vishwavidyalaya (GSV) Vadodara to enhance India’s aviation sector.
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