Daily GK and Current Affairs Quiz – 10th March 2023

Correct Answer:  C. 25%

Explanation:  According to UNICEF, since 2020, the number of pregnant women and nursing mothers suffering from undernutrition has increased by 25 percent in 12 countries. This UNICEF report is based on the data analysis of women in the world. The report estimates that more than one billion women and adolescent girls are suffering from undernutrition. Most of the undernutrition women are living in the world’s poorest regions. 68 percent of the undernutrition women and adolescent girls are living in the South Asia and sub-Saharan Africa. Malnutrition increases the risk of neonatal death and can affect children’s nutrition, growth, and learning capacity.

51 million children under two years are affected by stunting in the world. About half of these children gets affected by stunting during pregnancy. Between 2020 and 2022, the number of pregnant or breastfeeding women suffering from acute malnutrition increased by 25 percent. These 12 countries include Afghanistan, Burkina Faso, Ethiopia, Kenya, Mali, Niger, Nigeria, Somalia, Sudan, South Sudan, Chad and Yemen. UNICEF said that priority will be given to women and girls in terms of access to nutritious food.

Correct Answer:  C. Manipur

Explanation:  The festival is celebrated every year on the full moon of Lamta month (February-March) of the Meitei lunar calendar. The festival is celebrated by the Meitei people who are predominantly Hindu. It is celebrated at the same time as Holi and is known as ‘Manipur’s version of Holi’. The five-day-long celebration begins with the burning of ‘yaoshang’ (a small thatch hut/straw hut) which is constructed with bamboo and straws on the first day The highlight of the festival is the ThabalChongba, a traditional Manipuri folk dance where boys and girls hold hands and sing and dance in a circle.  The festival marks the rejuvenation of the spirit of life and commemorates the birthday of Chaitanya Mahaprabhu.

Who are the Meitei people?

• Meiteis are the dominant population of Manipur in northeastern India.
• A majority follow Hinduism while more than 8% are Muslims, locally known as
• The Marup system (literally, “friendship association”), a type of cooperative saving and credit institution, is an intriguing aspect of Meitei village’s socio-economic organisation.
• They speak a Tibeto-Burman language, they differ culturally from the surrounding hill tribes by following Hindu customs.

Correct Answer:  D. Max Verstappen

Explanation:  Max Verstappen won the season-opening Bahrain Grand Prix from pole position, leading almost the entire race as he opened the defense of his back-to-back Formula One titles. It was the first time he had won in Bahrain and also the first time he had triumphed in a Formula One opener. Red Bull also clinched a dominant 1-2 with Sergio Perez finishing second while 41-year-old Fernando Alonso took a brilliant third place and claimed a 99th career podium on a stunning race debut for Aston Martin.

Correct Answer:  D. Reserve Bank of India

Explanation:  The Reserve Bank of India (RBI) has launched a programme to adopt 75 villages and convert them into digital payment enabled villages. Under the initiative, payment system operators (PSOs) will adopt these villages across the country and conduct two camps in each of these villages with an aim to improve awareness and onboard merchants for digital payments.

Correct Answer:  C. Rs. 3.48 lakh crore

Explanation:  As per the latest data, loans worth ₹3.56-lakh crore have been sanctioned, of which ₹3.48- lakh crore have been disbursed as of March 3, 2023. In the last financial year (FY22), the sanctioned and disbursed loans were at ₹3.39 lakh crore and ₹3.31 lakh crore. The total loans to be sanctioned under PMMY in FY23 could be anywhere between ₹3.80-lakh crore and ₹4lakh crore. Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by the Hon’ble Prime Minister on April 8, 2015 for providing loans up to 10 lakh to the non-corporate, non-farm small/micro enterprises. These loans are classified as MUDRA loans under PMMY.

These loans are given by Commercial Banks, RRBs, Small Finance Banks, MFIs and NBFCs. Under the aegis of PMMY, MUDRA has created three products namely ‘Shishu’, ‘Kishore’ and ‘Tarun’ to signify the stage of growth / development and funding needs of the beneficiary micro unit / entrepreneur and also provide a reference point for the next phase of graduation / growth. Shishu- Covering Loans Upto 50,000/- Kishore-Covering Loans Above 50,000/- And Upto 5 Lakh Tarun- Covering Loans Above 5 Lakh And Upto 10 Lakh.

Correct Answer:  B. Prevention of Money Laundering Act, 2002

Explanation:  The government has said that Prevention of Money Laundering Act, 2002 will apply to trade in cryptocurrencies or virtual assets. In a notification, Ministry of Finance has said that exchange between virtual digital assets& fiat currencies, the exchange between one or more forms of virtual digital assets & the transfer of virtual digital assets will be covered under the act. Cryptocurrency is typically decentralized digital money designed to be used over the internet. Bitcoin, which launched in 2008, was the first cryptocurrency, and it remains by far the biggest, most influential, and most popular cryptocurrency.

What is the Prevention of Money Laundering Act, 2002 (PMLA)?

• The Prevention of Money Laundering Act, 2002 (PMLA) forms the core of the legal framework put in place by India to combat money laundering. PMLA and the Rules notified there under came into force with effect from July 1, 2005 .
• Director, FIU-IND, and Director (Enforcement) have been conferred with exclusive and concurrent powers under relevant sections of the Act to implement the provisions of the Act.
• The PMLA and rules notified thereunder impose obligation on banking companies, financial institutions, and intermediaries and persons carrying on a designated business or profession, to verify identity of clients, maintain records and furnish information to FIU-IND.
• PMLA is an act to prevent money-laundering and to provide for confiscation of property derived from, or involved in, money-laundering and for matters connected therewith or incidental thereto.

Correct Answer:  C. Sachin Tendulkar

Explanation:  Savlon revealed the God of Cricket, Sachin Tendulkar as its world’s first ‘Hand Ambassador’ for its Swasth India Mission. The campaign features a series of films featuring Sachin Tendulkar’s Hand as their chief protagonist – bringing the importance of hand hygiene to everyone’s notice. ITC’s Savlon Swasth India Mission has been at the forefront, seeding behavioural change towards hand hygiene through innovative experiences and initiatives. Started in 2016, the Savlon Swasth India Mission program is run by ITC Limited.

 ITC’s Savlon Swasth India Mission has been at the leading edge of encouraging a change in behaviour towards hand hygiene. One of the clearest, most efficient ways to limit the spread of diseases is by routine handwashing. Preventable infections place a significant economic burden on our nation. The Savlon Swasth India Mission advances its mission to foster a culture of hand hygiene for a healthier country with Sachin Tendulkar as the first-ever hand ambassador.

Correct Answer:  C. 10th March

Explanation:  The International Day of Women Judges, which is celebrated every year on March 10, honours all female judges who have taken the lead in the fight against social injustice. The history and significance of the day are examined below. Not just women judges in international legal institutions should be honoured on this significant day. It serves as a day of symbolism for the fight for gender equality, equal access to opportunities, and the elimination of gender-based discrimination, which persists in all spheres of society. This International Day of Women Judges is being observed with the campaign “Women in Justice, Women for Justice” to encourage the full and equal participation of women at all levels of the judicial system, to celebrate the accomplishments thus far, and to increase awareness of the challenges that still lie ahead. The UNGA enacted resolution 75/274 on April 28, 2021, designating March 10 as International Day of Women Judges. On March 10, 2022, the International Day of Women Judges was celebrated for the first time.

Correct Answer:  C. Kotak Mutual Fund

Explanation:  Kotak Mahindra Asset Management Company (Kotak Mutual Fund) has launched a digital campaign called ‘DigitALL: Innovation and technology for gender equality’, which calls for digital inclusion of all with the hashtag #IncludeAll. The digital campaign video showcases Kotak group’s women employees sharing their stories about supporting and empowering other women in their lives by imparting them the knowledge of digital literacy. On this Women’s Day, Kotak Mutual Fund through its campaign wants to spread the message that it is equally important for other women categories, especially domestic helps, servants, to become digitally literate, which will help them in their day-to-today lives.

Correct Answer:  B. Doda

Explanation:  In Jammu and Kashmir, Army installed the tallest ‘Iconic National Flag’ in the hilly Doda district. The tricolour which has been installed on a 100 feet-high pole, the highest Tricolour in the Doda district, was unfurled by GOC Delta Force, Maj Gen Ajay Kumar along with Commander 9 sector RR Brig. Samir K Palande, DC Doda Vishesh Paul Mahajan, and SSP Abdul Qayoom.

Correct Answer:  B. Uttar Pradesh

Explanation:  Uttar Pradesh will host the 8th edition of Indian Fharma Fair (IFF) in March 2023. The eighth edition of Vedshiv Business Media’s Indian Fharma Fair (IFF) 2023 will be organised in Lucknow, Uttar Pradesh from March 17th to 18th, 2023. The fair will present the most up-to-date trends and technology in the pharmaceutical, drug, and formulation industries. It will address industry problems, such as rising packaging and freight costs, and strive to find answers to those issues. As one of the country’s major pharma exhibits, the Indian Fharma Fair will bring together hundreds of industry professionals from around the world to discuss their experiences with goods, customers, businesses, and sales.

Correct Answer:  C. INS Visakhapatnam

Explanation:  Indian Navy successfully carried out test firing of Medium Range Surface-to-Air Missile (MRSAM) from INS Visakhapatnam. The test validates the capability to engage the weapon as an anti-ship missile. Defence Research and Development Organisation (DRDO) and the Institute of Actuaries of India (IAI) have jointly developed MRSAM. It has been produced at Bharat Dynamics Limited (BDL). The development of MRSAM reflects the Indian Navy’s commitment to Atmanirbhar bharat.

• INS Visakhapatnam was commissioned on 21 November 2021. It is one of the largest stealth guided-missile destroyers in service with the Indian Navy.
• Under P-15B, Visakhapatnam class stealth destroyer, four warships were to be inducted. These were Visakhapatnam, Mormugao, Imphal and Surat.
• INS Mormugao was commissioned in Mumbai on 18 December 2022.
• INS Visakhapatnam is indigenously designed by Directorate of Naval design and constructed by Mazagon Dock Shipbuilders Limited (MDL),

Correct Answer:  A. Uttarakhand

Explanation:  Chief Minister of Uttarakhand, Pushkar Singh Dhami has announced the launch of Mukhyamantri Ekal Mahila Swarozgar Yojana in the state at the end of Women Empowerment and Safety Week. Women in remote villages of the state are giving impetus to the rural economy through self-help groups. Through their skill potential, women are providing strength to the economy of their families. The Chief Minister said that under the leadership of Prime Minister Narendra Modi, many efforts have been made to empower the mother power.

Correct Answer:  B. 5th

Explanation:  India has the fifth-highest number of female billionaires in the world, according to a new International Women’s Day report from City Index 2023, which analyzed Forbes’ live billionaire tracker to determine the nation.  India is tied for 5th position with Australia and Hong Kong, with each country having 9 female billionaires. Savitri Jindal, an Indian politician and businesswoman, is the richest woman in India with a family fortune of USD 16.96 billion. The US leads the list with a total of 92 female billionaires, which is double the amount of China, which comes in second with 46. The US dominates the list, accounting for 80% of the female billionaires with the highest net worth. Germany ranks 3rd with 32 female billionaires, led by German automobile heiress Susanne Klatten (USD 27.58 billion) and the family of Francine von Finck (USD 8.27 billion), daughter of late billionaire businessman August von Finck Jr.