Daily GK and Current Affairs Quiz – 20th January 2023

Today’s Current Affairs Quiz. Important Current Affairs Questions – January 2023. Monthly Current Affairs PDF. Latest Current Affairs Questions for Banking and Insurance Exams 2023. Welcome to the Let’s Study Together (LST) online Current Affairs section. If you are preparing for Banking & Insurance, SSC, Railways, and other competitive exams, you will come across a section on Current Affairs. Here we are providing you with the “Current Affairs Quiz – 20th January 2023″ in PDF format based on the current events for your daily practice.

This “Current Affairs Quiz – 20th January 2023″ is also important for other banking exams such as LIC AAO, IBPS PO, IBPS Clerk, SBI PO/Clerk, IBPS RRB Officer, IBPS RRB Office Assistant, IBPS SO, SBI SO, SSC, Railways and other competitive exams.

Current Affairs Quiz – 20th January 2023

In all Sarkari Exams/Govt Exams, Current Affairs Quiz which is asked generally framed on International News, National News, State News, Sports, Awards, Summits, Schemes, Books & Authors, Ranks & Reports, Important Days, Economy, Defence, Science & Technology, etc. To excel in the Current Affairs section of the competitive examinations you are required to cover Current Affairs Quiz in the above areas.

1. Who among the following has been selected for appointment as Director in the National Health Authority (Ayushman Bharat Digital Mission)?

  1. Prabhjot Singh
  2. Indu Bhushan
  3. Dr. R.S. Sharma
  4. Praveen Sharma
  5. None of these

Show Correct Answers

Correct Answer:  D. Praveen Sharma

Explanation:  Praveen Sharma has been selected for appointment as Director in the National Health Authority (Ayushman Bharat Digital Mission) under the Ministry of Health & Family Welfare. As per the order issued from the Department of Personnel & Training (DoPT), Sharma has been appointed to the post under the Central Staffing Scheme for a period of five years with effect from the date of taking over charge of the post or until further orders, whichever event takes place earlier. Sharma is an Indian Defence Service of Engineers (IDSE) officer of 2005 batch.

National Health Authority (NHA) is the apex body responsible for implementing India’s flagship public health insurance/assurance scheme called “Ayushman Bharat Pradhan Mantri Jan Arogya Yojana” & has been entrusted with the role of designing strategy, building technological infrastructure and implementation of “National Digital Health Mission” to create a National Digital Health Eco-system.

2. Recently, State Bank of India (SBI) lended __________ to Red Fort Capital to boost “Quick Business Loan” portfolio.

  1. Rs 100 million
  2. Rs 150 million
  3. Rs 200 million
  4. Rs 250 million
  5. None of these

Show Correct Answers

Correct Answer:  C. Rs 200 million

Explanation:  RED FORT CAPITAL Finance an investment grade non-bank finance company (NBFC) announced that the State Bank of India (SBI) has sanctioned it a term loan of Rs 200 million. The company aims to use the funds for onward lending to the country’s micro, small and medium-sized enterprises (MSMEs) over a Rs 40 trillion credit opportunity. Red Fort Capital NBFC often funds business loans ranging from Rs 10 million to Rs 100 million to MSMEs in less than “7 days” (TAT). Red Fort Capital Finance has been assisting Micro, Small, and Medium Enterprises (MSMEs) by processing secured business loans for the purchase of working capital, equipment, and machinery. Manufacturing, logistics, FMCG, IT, textiles, EPC, education, and industrial parks are the industries targeted by the loans.

3. ___________ has been ranked second on Brand Finance’s annual report on the world’s top CEOs for the year 2023.

  1. Satya Nadella
  2. Punit Renjen
  3. Sundar Pichai
  4. Mukesh Ambani
  5. None of these

Show Correct Answers

Correct Answer:  D. Mukesh Ambani

Explanation:  Reliance Industries Ltd (RIL) chairman Mukesh Ambani has been ranked second on Brand Finance’s annual report on the world’s top CEOs for the year 2023. The Brand Guardianship Index 2023 saw the rise of Nvidia CEO, Jensen Huang, and Mukesh Ambani of Reliance to 1st and 2nd position. They both now rank above last year’s leader Microsoft’s Satya Nadella, who now sits in the 3rd place. Ambani, who’s also the Managing Director of RIL, is the longest-serving CEO in the ranking at 40 years. He is also the 9th richest person in the world, as per the Bloomberg Billionaire Index.

Meanwhile, Jensen Huang, who’s ranked number 1 CEO by Brand Finance Brand Guardianship Index, has overseen Nvidia’s further advancement into the next era of computing, through innovation in the likes of artificial intelligence, digital biology, climate sciences, and autonomous vehicles and robotics, says the report. Similarly, Microsoft’s Satya Nadella (3rd) continues to be central to Microsoft’s culture of teamwork, innovation, and inclusivity says the report. The top 1o list is dominated by Indian-origin executives. Nadella is followed by Adobe’s Shantanu Narayen (4th), Google’s Sundar Pichai (5th), and Deloitte’s Punit Renjen (6th).

4. Indian Navy is all set to commission the fifth Kalvari class submarine named as ___________ on January 23.

  1. INS Vela
  2. INS Vagir
  3. INS Karanj
  4. INS Kalvari
  5. None of these

Show Correct Answers

Correct Answer:  B. INS Vagir

Explanation:  Indian Navy is set to commission the fifth Kalvari class submarine Vagir on 23 Jan 2023. The Chief of the Naval Staff Adm R Hari Kumar will be the Chief Guest for the ceremony. These submarines are being built in India by the Mazagon Dock Shipbuilders Limited (MDL) Mumbai, under collaboration with M/s Naval Group, France. Four of the Kalvari class of submarines have already been commissioned into the Indian Navy.

  • The former Vagir was commissioned on 01 Nov 1973 and undertook numerous operational missions including deterrent patrols.
  • The submarine was decommissioned on 07 Jan 2001 after serving the nation for about three decades.
  • The submarine was launched and named ‘Vagir’ on 12 Nov 2020, in its new avatar has the distinction of having the lowest build time among all indigenously manufactured submarines to date.
  • She undertook her maiden sea sortie on Feb 22, marking the commencement of sea trials, and has gone through a series of comprehensive acceptance checks and, stringent and demanding sea trials before being commissioned.
  • The submarine was delivered to Indian Navy by M/s MDL on 20 Dec 2022.

Vagir will boost the Indian Navy’s capability to further India’s maritime interests and is capable of undertaking diverse missions including anti-surface warfare, anti-submarine warfare, intelligence gathering, mine laying, and surveillance missions.

5. Which country became the first creditor nation to extend assurance towards restructuring the debt of Sri Lanka?

  1. China
  2. Pakistan
  3. Bangladesh
  4. India
  5. None of these

Show Correct Answers

Correct Answer:  D. India

Explanation:  India has become the first creditor nation to extend assurance towards restructuring the debt of Sri Lanka as the island nation makes efforts to unlock a bridge financing package from the International Monetary Fund (IMF). India has extended financial assurances to the IMF.  This was announced during External Affairs Minister Dr S Jaishankar’s official visit to Sri Lanka, in January 2023. Dr Jaishankar’s visit also witnessed the signing of MoU on High Impact Community Development programme on socio economic development. He also participated in 3 virtual inauguration ceremonies which included handing over of Kandyan Dance academy, a hundred houses each in Kandy, Nuwara Elia and Galle and 24 houses each in Badulla and Anuradhapura.

6. Which of the following launched ‘Bharat Pravah-India along its Shores’?

  1. Ministry of Defence
  2. Indian Coast Guard
  3. Shipping Ministry
  4. International Maritime Organisation
  5. None of these

Show Correct Answers

Correct Answer:  C. Shipping Ministry

Explanation:  Shipping, Waterways and Ports Minister Sarbananda Sonowal has launched the initiative ‘Bharat Pravah-India along its Shores’. The objective of this initiative is to highlight the importance of rivers-ports-shipping in the everyday life of the common man through literature, dialogue and communication. It will also highlight the challenges, policy issues and future goals related to the maritime sector.

  • India has 7,500 km of coastline, 14,500 km of navigable potential waterways and strategic locations along major international maritime trade routes.
  • About 95% of India’s trade by volume and 65% by value is done through sea transport facilitated by ports.
  • India does about 35% containerization, while other developing countries do 62% to 65% containerization.
  • Currently, India does more bulk shipping than using containers, although we are making rapid progress towards containerization.
  • India’s share in global trade is only 2%. The trade balance is in favor of imports. India ranks 44th in the Logistics Performance Index.

7. BharOS, India’s Indigenous Mobile Operating System has been developed by which of the following IITs?

  1. IIT Bombay
  2. IIT Madras
  3. IIT Delhi
  4. IIT Kharagpur
  5. None of these

Show Correct Answers

Correct Answer:  B. IIT Madras

Explanation: An IIT Madras-incubated firm has developed an indigenous mobile operating system called BharOS which is being provided to organisations that have stringent privacy and security requirements and where users handle sensitive information. Such users require access to private cloud services through private 5G networks. The BharOS was developed by JandK Operations Private Limited (JandKops), which has been incubated by IIT Madras. The Foundation is funded by the Department of Science and Technology (DST), Government of India, under its National Mission on Interdisciplinary Cyber-Physical Systems (NMICPS). It aspires to put India on par with those few countries that currently possess such capabilities.

  • BharOS provides access to trusted apps from organisation-specific Private App Store Services (PASS). A PASS provides access to a curated list of apps that have been thoroughly vetted and have met certain security and privacy standards of organisations. This means users can be confident that the apps they are installing are safe to use and have been checked for any potential security vulnerabilities or privacy concerns.
  • BharOS comes with No Default Apps (NDA). This means that users are not forced to use apps that they may not be familiar with or that they may not trust. Additionally, this approach allows users to have more control over the permissions that apps have on their device, as they can choose to only allow apps that they trust to access certain features or data on their device.
  • BharOS offers ‘Native Over The Air’ (NOTA) updates that can help to keep the devices secure. NOTA updates are automatically downloaded and installed on the device, without the need for the user to manually initiate the process. This ensures that the device is always running the latest version of the operating system, which includes the latest security patches and bug fixes. With NDA, PASS, and NOTA, BharOS ensures that Indian mobile phones are trustworthy.

8. Who among the following has won the ISA Award, a top Bahraini civilian award for Service to Humanity?

  1. Dr Sanduk Ruit
  2. Dr Anoop Misra
  3. Dr Mahabir Pun
  4. Dr Anuradha Koirala
  5. None of these

Show Correct Answers

Correct Answer:  A. Dr Sanduk Ruit

Explanation:  Himalayan Cataract Project Co-Founder Dr Sanduk Ruit has won the ISA Award for Service to Humanity, a top civilian award of Bahrain. The award carries a cash prize of USD 1 million, a certificate of merit and a gold medal. He is pioneer in delivering high-quality microsurgical procedures in remote eye camps. He made modern eye care affordable and accessible to countries in Asia, Africa and Latin America.

Dr Ruit has trained more than 650 doctors, teaching them to cure preventable blindness.  He has been instrumental in making modern eye care affordable and accessible to countries in Asia, Africa and Latin America. He is fondly called “God of Sight” for saving the sight of 1,20,000 eyes.

Awards and honours he received

  • The Government of Australia conferred on him “The Order of Australia” in 2007.
  • In 2016, he was awarded the “Asian Game Changer Award” by the Asia Society of New York.
  • He is the recipient of the Padma Shri Award by the GoI,
  • The National Order of Merit of Bhutan as well as the Ramon Magsaysay Award. Prime Minister of Nepal Pushpa Kamal Dahal ‘Prachanda’ congratulated senior ophthalmologist Ruit for receiving prestigious Bahrain’s ISA award.

9. According to the Annual Status of Education Report (ASER) 2022, overall enrollment figures in school for the 6–14 age group has increased from 97.2% in 2018 to _______ in 2022.

  1. 99.9%
  2. 99.0%
  3. 98.4%
  4. 97.8%
  5. None of these

Show Correct Answers

Correct Answer:  C. 98.4%

Explanation:  The ASER Report 2022, led by Pratham Foundation, highlighted that despite the prolonged closure of schools, the overall enrollment in schools across the country has increased at all levels, with 98.4% in the age group of 6-14 years currently enrolled in schools. The figure stood at 97.2% in 2018. The Proportion Of Out Of School Girls Reduced: For girls aged 11-14, this share dropped from 4.1% in 2018 to 2% in 2022 (which stood at 10.3% in 2006).

ASER is a household survey that is conducted in 616 rural districts and covers 6.9 lakh children aged 3 to 16 years to record their schooling status and assess their basic reading and arithmetic skills. The proportion of children in this age group (3-16 years) who are not currently enrolled has also dropped to its lowest level ever, 1.6%, down from 2.8% in 2018, when the most recent full-scale ASER survey was conducted.

What is the Annual Status of Education Report (ASER)?

  • ASER stands for Annual Status of Education Report. This is an annual survey that aims to provide accurate estimates of children’s enrollment and basic learning levels for each district and state in India.
  • Since 2005, ASER has been conducted in all rural districts of India. It is the largest citizen-led survey in India.
  • It is also the only annual source of information on children’s learning outcomes available in India today.
  • ASER, unlike most other large-scale learning assessments, is a household-based survey rather than a school-based survey.
  • This design allows all children to be included, including those who have never attended school or have dropped out, as well as those who attend government schools, private schools, religious schools, or other institutions.

10. Nilamani Phookan passed away at the age of 89. He was a renowned _____________.

  1. Writer
  2. Poet
  3. Dancer
  4. Singer
  5. None of these

Show Correct Answers

Correct Answer:  B. Poet

Explanation:  Renowned Assamese poet and recipient of Jnapith Award, Nilamani Phookan has passed away. He was 89. Phookan was one of the most celebrated poet of Assam and has been awarded the country’s highest literary award, the 56th Jnanpith for the year 2021. The notable works of Phukan are ‘Xurjya Henu Naami Aahe Ei Nodiyedi’, ‘Kabita’, and ‘Gulapi Jamur Lagna’. Phookan was born on September 10, 1933, Phookan’s poems were replete with French symbolism which he infused in his Assamese poetry. He was awarded the 1981 Sahitya Akademi Award in Assamese for his poetry collection, Kavita (Kobita). He was awarded the Padma Shri by the Government of India in 1990 and received the Sahitya Akademi Fellowship, the highest literary honor in India, given by Sahitya Akademi, India’s National Academy of Letters in 2002. He was selected as an ‘Emeritus Fellow’ for a period of two years by the Cultural Department, Govt. of India in 1998. Assam Sahitya Sabha also conferred ‘Sahityacharya’ honour to him.

11. The Global Firepower Index ranks the countries based on their potential military strength. India is ranked ________ in the index.

  1. Second
  2. fourth
  3. First
  4. Third
  5. None of these

Show Correct Answers

Correct Answer:  B. fourth

Explanation:  The Global Firepower Index ranks the countries based on their potential military strengthIndia is ranked fourth in the index. The Global Firepower Index ranked 145 countries. The countries were evaluated based on prolonged offensive and defensive military campaigns. The Global Firepower Index is calculated using fifty individual factors from geography to logistical capability. It also includes manpower, land forces, airpower, natural resources, naval forces, logistics and financials.

Under manpower, the factors considered are total population, paramilitary, reaching military age annually, active reserves and active services. Under equipment, the factors considered are trainer fleet, aircraft fleet strength, helicopter fleet, attack fleets, rocket projectors, tank strength, towed artillery, aircraft carriers, naval fleet strength, destroyers, submarines, coastal patrol craft, frigates, mine warfare craft, coastal patrol craft and tanker fleets. The finance factors include external debt, defence budget, reserves of foreign exchange and gold and purchasing power parity. The Global Firepower Index, 2022, puts the US at the top, Russia at the second spot, China at No. 3, and India at No. 4.

12. Recently, World Economic Forum (WEF) launches initiative to unlock _______ trillion a year for climate and nature.

  1. $5 trillion
  2. $4 trillion
  3. $3 trillion
  4. $2 trillion
  5. None of these

Show Correct Answers

Correct Answer:  C. $3 trillion

Explanation:  The Giving to Amplify Earth Action (GAEA) was introduced by the World Economic Forum in an effort to assist raise the $3 trillion in funding needed annually to achieve net-zero, stop the destruction of the environment, and restore biodiversity by 2050. More than 45 partners, including HCL Technologies through its chairperson Roshni Nadar Malhotra, are supporting the global movement to fund and build new and existing public, private, and philanthropic partnerships (PPPPs).

  • The goal of guiding the planet towards a 1.5-degree Celsius warming trajectory is in jeopardy due to the energy and cost of living problems, according to the WEF.
  • In the meantime, the recent UN Biodiversity Conference (CBD COP15) decision to save 30% of the entire Earth and sea appears audacious but flimsy in the face of a worsening biodiversity crisis.
  • A fresh strategy is required to increase money flow because the current funding is insufficient and slow.
  • With special traits not present in other forms of financing, philanthropic contributions can address this.
  • It is quick, more risk-tolerant, and motivated by values and long-term results instead of quarterly returns.

13. Which of the following banks was awarded the Best Small Bank Award 2022 under the category of banks with a book size of less than ₹1 lakh crore, in the Best Banks Survey for the year 2022 conducted by Business Today-KPMG?

  1. Karur Vysya Bank
  2. City Union Bank
  3. IDFC First Bank Limited
  4. Tamilnad Mercantile Bank
  5. None of these

Show Correct Answers

Correct Answer:  D. Tamilnad Mercantile Bank

Explanation:  Tamilnad Mercantile Bank Limited (TMB) has bagged the Best Small Bank award in the Best Banks survey for the year 2022. The Best Banks survey was conducted by Business Today- KPMG (BT-KPMG Best Banks Survey). The bank has won the Best Small Bank Award under the category of banks with a book size of less than Rs 1 Lakh crore.

  • The BT-KPMG is conducting the survey and awarding the best banks for the past 27 years with 37 parameters for declaring a bank as an awardee.
  • TBM has shown its performance to come up as a topper in the respective categories.
  • The award function was held in Mumbai, on 13th January 2023.
  • On behalf of TMB, MD and CEO Shri S Krishnan has received the awards from Union Minister Nitin Gadkari.
  • In the award ceremony, Union Minister of State for Finance Shri Bhagwat Krishnarao Karad and RBI Governor Shaktikanta Das appreciated the bankers.

Tamilnad Mercantile Bank Limited (TMB) was founded in 1921 as the Nadar Bank, later it was changed to Tamilnad Mercantile Bank in 1962. TMB is one of the fastest-growing private sector banks continuously for five years from 2010 to 2015. It was also rated as the Best Bank in the years 2013, 2014, and 2015.

14. The Adani Enterprises, Ashok Leyland, and Ballard Power have jointly signed a deal to launch a pilot project to develop Asia’s first hydrogen FCET. In this regard, what is the full form of FCET?

  1. Foster Cell Electric Truck
  2. Fuel Cell Electric Truck
  3. Fuel Cell Electronic Track
  4. Fundamental Cell Electricity Truck
  5. None of these

Show Correct Answers

Correct Answer:  B. Fuel Cell Electric Truck

Explanation:  Adani Enterprises has an agreement with Ashok Leyland, India, and Ballard Power, Canada to launch a pilot project to develop a hydrogen fuel cell electric truck (FCET) for mining logistics and transportation. The collaboration between Adani Enterprises and Ashok Leyland, India, and Ballard Power, Canada marks Asia’s first planned hydrogen-powered mining truck. The demonstration project will be led by AEL, which is a company focused on both mining operations and developing green hydrogen projects for sourcing, transporting, and building out hydrogen refueling infrastructure.

  • The hydrogen-powered mining truck will weigh 55 tons, have three hydrogen tanks, a 200-km working range, and be powered by Ballard’s 120 kW PEM fuel cell technology.
  • The Adani Group has announced its plan to invest more than $50 billion over the next ten years in green hydrogen and associated ecosystems corresponding to a capacity of up to 3 million tons of green hydrogen annually.
  • The pioneering and ambitious green hydrogen project holds a strong promise for India’s future energy self-reliance and is consistent with the vision of Gautam Adani.

Ballard Power Systems Inc. is a developer and manufacturer of proton exchange membrane (PEM) fuel cell products for markets such as heavy-duty motive (consisting of bus and tram applications), portable power, material handling as well as engineering services. Ballard has designed and shipped over 400 MW of fuel cell products to date.

15. David Crosby passed away recently, From which of the following countries did he belong? (January 2023)

  1. Canada
  2. Russia
  3. Germany
  4. United States
  5. None of these

Show Correct Answers

Correct Answer:  D. United States

Explanation:  David Crosby, the father of American folk-rock, has passed away at the age of 81. He was influential musical pioneer of the 1960s and 1970s who created a distinctly American brand of folk-rock with the Byrds and later with Crosby, Stills, Nash and Young. He was born David Van Cortlandt Crosby on August 14, 1941, in Los Angeles. His father was Oscar-winning cinematographer Floyd Crosby of “High Noon” fame. The family, including his mother, Aliph, and brother, Floyd Jr., later moved to Santa Barbara.

Crosby was a founder and focus of the Los Angeles rock music community from which such performers as the Eagles and Jackson Browne later emerged. He was a twinkly-eyed hippie patriarch, the inspiration for Dennis Hopper’s long-haired stoner in “Easy Rider”. He advocated for peace, but was an unrepentant loudmouth who practiced personal warfare and acknowledged that many of the musicians he worked with no longer spoke to him.

Daily GK and Current Affairs Quiz – 19th January 2023


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