Important Current affairs 2023 (MCQ)

#Important Current Affairs #MCQ Questions

1. Which Indian state recently introduced the 'Maha Lakshmi Scheme,' offering free bus travel for women, girls, and transgender individuals?

a) Karnataka

b) Telangana

c) Maharashtra

d) Andhra Pradesh

Answer: b) Telangana

Explanation: Telangana's government, led by Chief Minister Revanth Reddy, launched the 'Maha Lakshmi Scheme' to provide free bus travel for women, girls, and transgender individuals within the state, effective from December 9, 2023.

2. What is the primary focus of the €70 million Line of Credit (LoC) agreement between the State Bank of India (SBI) and the German Development Bank KfW?

a) Healthcare projects

b) Education initiatives

c) Infrastructure development

d) Solar projects

Answer: d) Solar projects

Explanation: The primary focus of the €70 million Line of Credit (LoC) agreement between SBI and KfW is to support solar projects in India, reinforcing the commitment to sustainable energy solutions and increasing solar power capacity.

3. Which bank has received authorization from the Reserve Bank of India (RBI) to disburse pensions through e-Pension Payment Orders (e-PPOs) for retired Ministry of Railways employees?

a) HDFC Bank

b) ICICI Bank

c) Axis Bank

d) Bandhan Bank

Answer: d) Bandhan Bank

Explanation: Bandhan Bank has been approved by the RBI to facilitate pension disbursement through e-PPOs for retired Ministry of Railways employees, streamlining the process in collaboration with the ministry.

4. Who was recently appointed as a part-time member of the Pension Fund Regulatory and Development Authority (PFRDA)?

a) Ramesh Singh

b) Parama Sen

c) Anjali Kapoor

d) Sanjay Verma

Answer: b) Parama Sen

Explanation: Parama Sen, a 1994 batch Indian Audit and Accounts Services (IAAS) officer and Additional Secretary in the Department of Expenditure at the Finance Ministry has been appointed as a part-time member of the PFRDA board, filling all three vacancies.

5. Which bank has partnered with Reliance Industries to finance the production of compressed biogas (CBG) from crop residue?

a) State Bank of India

b) DBS Bank

c) HDFC Bank

d) Axis Bank

Answer: b) DBS Bank

Explanation: Reliance Industries has collaborated with DBS Bank India to introduce a financing program targeting farmers and aggregators for efficient management of crop residue and the production of compressed biogas (CBG).

6. Which badminton men's doubles pair is in line to receive the Major Dhyan Chand Khel Ratna Award?

a) P.V. Sindhu and Kidambi Srikanth

b) Satwiksairaj Rankireddy and Chirag Shetty

c) Saina Nehwal and Parupalli Kashyap

d) Ashwini Ponnappa and Satwiksairaj Rankireddy

Answer: b) Satwiksairaj Rankireddy and Chirag Shetty

Explanation: Satwiksairaj Rankireddy and Chirag Shetty, India's premier badminton men's doubles pair, are poised to receive the Major Dhyan Chand Khel Ratna Award, recognizing their exceptional achievements, including victories at various prestigious tournaments.

7. Which country recently received the approval of the second tranche of around $337 million from the International Monetary Fund (IMF) under the Extended Fund Facility (EFF)?

a) Bangladesh

b) Sri Lanka

c) Nepal

d) Myanmar

Answer: b) Sri Lanka

Explanation: Sri Lanka secured approval from the IMF for the second tranche of $337 million under the Extended Fund Facility, providing significant financial support for the nation's economic recovery plan.

8. Which company recently had its Baa2 rating reaffirmed by Moody's Investors Service?

a) Infosys

b) Tata Motors

c) Reliance Industries

d) HDFC Ltd.

Answer: c) Reliance Industries

Explanation: Moody's Investors Service affirmed Reliance Industries Limited's (RIL) Baa2 rating, reflecting confidence in RIL's financial stability and overall creditworthiness. This decision underscores the company's resilience and positive performance in the current economic landscape.

9. In which Indian state is Foxconn set to invest an additional $1.67 billion for diversification and iPhone manufacturing?

a) Tamil Nadu

b) Maharashtra

c) Karnataka

d) Gujarat

Answer: c) Karnataka

Explanation: Foxconn's strategic investment of $1.67 billion is directed towards the state of Karnataka as part of its efforts to diversify production away from China.

10. How many new airports is Uttar Pradesh set to witness in the next two years, according to the plans unveiled by Union Civil Aviation Minister Jyotiraditya Scindia?

a) Six

b) Nine

b) Nine

c) Twelve

d) Fifteen

Answer: b) Nine

Explanation: Uttar Pradesh is poised for a significant aviation transformation, as the plans reveal the construction of nine new airports within the next two years, contributing to a total of 18 airports in the state.

11. In collaboration with Imperial College London, which global steel leader has committed a substantial investment of ₹100 crore for the establishment of the Centre for Innovation in Sustainable Design and Manufacturing in London?

a) ArcelorMittal

b) POSCO

c) Tata Steel

d) Nippon Steel Corporation

Answer: c) Tata Steel

Explanation: Tata Steel has committed a significant investment of ₹100 crore for the establishment of the Centre for Innovation in Sustainable Design and Manufacturing in London in collaboration with Imperial College London.

12. In which state was the "Bhagwant Mann Sarkar, Tuhade Dwaar" scheme launched, aiming to provide doorstep delivery of 43 citizen services?

a) Haryana

b) Punjab

c) Rajasthan

d) Uttar Pradesh

Answer: b) Punjab

Explanation: Punjab Chief Minister Bhagwant Mann and AAP national convenor Arvind Kejriwal launched the "Bhagwant Mann Sarkar, Tuhade Dwaar" scheme in Ludhiana, providing doorstep delivery of 43 services in the state.

13. Which city ranked highest in the Quality of Living Index 2023 by Mercer?

a) Zurich

b) Auckland

c) Vienna

d) Munich

Answer: c) Vienna

Explanation: According to Mercer, Vienna, Austria topped the 2023 Quality of Living Index for the 10th year in a row. Zurich, Switzerland and Auckland, New Zealand ranked second and third, respectively.

14. What penalty has the Unique Identification Authority of India (UIDAI) imposed against operators found guilty of overcharging for Aadhaar services?

a) Rs. 10,000

b) Rs. 25,000

c) Rs. 50,000

d) Rs. 1,00,000

Answer: c) Rs. 50,000

Explanation: To ensure fair and affordable access to Aadhar Services, UIDAI has imposed a penalty of Rs. 50,000 against operators found guilty of overcharging, as disclosed by Minister of State for Electronics and IT, Rajeev Chandrasekhar.

15. What weapon system does the Indian Defence Ministry's recent approval of Rs 2800 Crore aim to enhance the Indian Army's artillery capabilities?

a) BrahMos Missile System

b) Pinaka Weapon System

c) Akash Surface-to-Air Missile System

d) Dhanush Artillery Gun

Answer: b) Pinaka Weapon System

Explanation: The Defence Ministry's approval of Rs 2800 Crore is directed towards enhancing the Indian Army's artillery capabilities through the acquisition of rockets for the Pinaka multi-barrel rocket launcher systems.

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