Daily GK and Current Affairs Quiz – 26th & 27th February 2023

Correct Answer:  A. Gujarat

Explanation:  IREDA to set up office in Gujarat’s GIFT city to finance renewable energy projects. State-owned Indian Renewable Energy Development Agency (Ireda) plans to set up an office in Gujarat’s GIFT City to finance Renewable Energy projects in foreign currency. The office at GIFT City, Gandhinagar, will be classified as an overseas office, allowing Ireda avoid foreign exchange hedging costs.

Correct Answer:  D. Osmanabad

Explanation:  The central government approved the renaming of two Maharashtra cities – Aurangabad and Osmanabad. Aurangabad will now be renamed as `Chhatrapati Sambhajinagar’ while Osmanabad will be called `Dharashiv’. The Ministry of Home Affairs (MHA) said that central government had “no objection” to changing the names of both districts of Maharashtra. Chhatrapati Sambhaji who was the eldest son of warrior king Chhatrapati Shivaji Maharaj, was the second ruler of the Maratha state founded by his father. Sambhaji Maharaj was executed on Aurangzeb’s orders in 1689. Dharashiv, the name of a cave complex near Osmanabad, dates back to the 8th century as per some scholars.

Correct Answer:  C. National Statistical Office

Explanation:  India’s unemployment rate dropped to a five-year low in July-June 2021-22 to 4.1 per cent, according to the latest annual Periodic Labour Force Survey , released by the National Statistical Office. The unemployment rate under the so-called “usual status” during the one-year period declined for the fourth consecutive year since it was launched in April 2017. In usual status, employment is determined on the basis of the reference period of 365 days preceding the date of the survey, as distinct from “employment status”, determined on the basis of a reference period of seven days, which is known as the current weekly status (CWS) of the person.

Correct Answer:  B. Ravindra Jadeja

Explanation:  India all-rounder Ravindra Jadeja stormed into the top ten of the ICC test bowler rankings after his brilliant performance in the first two tests against Australia. Jadeja is the third Indian in the top 10 with Ravichandran Ashwin and Jasprit Bumrah being the other two. Right-arm off-spinner Ashwin climbed to the second spot with 40-year-old James Anderson occupying the pole position. India all-rounder Axar Patel – who is the second leading run-scorer in the series against Australia has moved two places to fifth overall in the latest Test all-rounder rankings.

Correct Answer:  D. Maharaja Sayajirao University, Vadodara

Explanation:  The Maharaja Sayajirao University, Vadodara hosted a two-day Youth20 India Summit, with a focus on the theme of climate change and environmental conservation.  More than 600 delegates from 62 countries participate to discuss ‘Climate Change and Disaster Risk Reduction: Making sustainability a Way of Life’. The Maharaja Sayajirao University of Vadodara to host the Youth 20 India Summit for environment conservation. It will be inaugurated today by the Chief Minister of Gujarat Bhupendra Patel.

• Organised by the Ministry of Youth Affairs and Sports, Government of India to mark the celebration of India’s G20 Presidency, the focus would be on ‘Climate Change and Disaster Risk Reduction: Making sustainability a Way of Life’.
• “This conference is being organized on the motto of ‘Vasudhaiv Kutumbakam’-One Earth-One Family-One Future which will channelize the awareness on environment conservation”, said Ms Meeta Rajivlochan, Secretary, Ministry of Youth Affairs, Government of India.
• In this conference, the 167 delegates from G20 nations, 8 international scholars, 12 national scholars, 25 international delegates, 25 national delegates, 25 representatives of Youth Ministry, 50 start-ups working on the environment, 15 Shodh scholars, 10 NSS members and 250 students of different Universities studying subjects on urban planning, climate change and environment studies will participate.

Correct Answer:  C. Pakistan

Explanation:  Taliban government in Afghanistan reopened the Torkham border crossing with Pakistan after four days of closure. Pakistan and Afghanistan share a 2,600 km-long border. The Taliban had shut the Torkham crossing after Pakistan denied Afghan migrants entry into Pakistan for medical care. The Torkham border crossing is located in Pakistan’s Khyber Pakhtunkhwa province.

Correct Answer:  C. Madhya Pradesh

Explanation:  Union Home Minister and Minister of Cooperation, Amit Shah addressed the ‘Kol Janjati Mahakumbh’ organized on the occasion of Shabri Mata Janm Jayanti at Satna, Madhya Pradesh. Home Minister Amit Shah offered prayer at Maa Sharda Shaktipeeth. Many dignitaries including the Chief Minister of Madhya Pradesh Shivraj Singh Chauhan were present.

• Home Minister Amit Shah while addressing the gathering informed that the foundation stone of 70 development works worth Rs 507 crore and many other works of Rs 26 crore were inaugurated under the leadership of Shivraj Singh Chauhan.
• The Union Home minister noted that Antyodaya means to pave the way to live with dignity for the poor of the society.
• He noted that after Narendra Modi became Prime Minister in 2014, his government is the government of Tribals, Dalits, and backward and poor people.
• Fulfilling every promise, PM Modi has worked to implement poor welfare schemes at the grassroots level.
• Amit Shah also informed that the Kol community significantly contributed to the freedom movement.
• The government led by Prime Minister Narendra Modi is establishing tribal freedom fighters’ museums across the country for 200 crores, the bravery of 1831’s Kol rebel is engraved in all the museums.
• Whether it is the bravery of Gond Maharani Durgavati, the sacrifice of Rani Kamalapati, or freedom Fighters Buddha Bhagat and Jova Bhagat, all of them have been revered and commemorated by the government of Madhya Pradesh under the leadership of Chief Minister Shivraj Singh Chauhan.
• The union home minister and Minister of Cooperation informed that during the previous government, Rs 24,000 crore were given to the Tribal community in the budget, which was increased to around Rs. 90,000 crores by PM Modi.

Correct Answer:  B. Sikkim

Explanation:  Lok Sabha speaker Om Birla inaugurated the 19th Annual Zone III Conference of Commonwealth Parliamentary Association (CPA) India Region in Gangtok, Sikkim. The Zone III of the CPA India region is an important platform where legislators of the North Eastern region discuss many subjects and issues, and arrive at common solutions.  On cyber-bullying, Shri Birla praised the Assam government’s U-Report, an interactive digital tool for online safety, and called for similar initiatives to be implemented in other states. Speaker also emphasized that ‘Digital Parliament Project’ will become an effective interface between lawmakers and citizens.

Correct Answer:  D. Rs 3.01 lakh crore

Explanation:  Gujarat Finance Minister Kanu Desai presented a Rs 3.01 lakh crore budget for financial year 2023-24 with no new taxes imposed on people. The budget for FY24 includes proposals for various schemes and projects which were promised in the manifesto of the 2022 elections. The budget of FY24 focuses on infrastructure development, tourism, Electric Vehicle (EV) ecosystem and more. This records a significant increase of Rs 57,056.89 crore in the budgetary provisions, which is 23.38% higher than the budget for FY 2022-2023.

• Rs 500 crore has been allocated for the Ujjwala Yojana, under which around 39 lakh families would be provided with 2 cooking gas cylinders for free in a year.
• Gujarat government has announced a 10% point reduction in value-added tax (VAT) on Compressed Natural Gas (CNG) and Piped Natural Gas (PNG). The VAT is reduced from 15% on CNG and PNG to 5%.

Correct Answer:  B. Imphal

Explanation:  22nd International Bio-resource Conclave & 10th Ethno-pharmacology Congress 2023 begin in Imphal. A three days long International Bio-resource Conclave & Ethno-pharmacology Congress 2023 kicked off in Imphal. It is being jointly organized by the Institute of Bioresources and Sustainable Development (IBSD), Imphal and the Society for Ethnopharmacology from 24-26 February at City Convention Centre, Imphal. ISE-SFEC 2023 theme is “Reimagine Ethnopharmacology – Globalization of Traditional Medicine”.

The main focus of the congress is on several crucial and contemporary issues related to the scientific study of traditional medicine based on Ethnopharmacology and medicinal plants by renowned scientists. It is an ideal platform for participants to present their research work and disseminate their ideas among distinguished professionals and eminent scientists. This event is being organized in both physical and online modes. Indian medicine of traditional system has six recognized systems of medicine. Ayurveda, Siddha, Unani and Yoga, Naturopathy and Homoeopathy are part of the Indian traditional system of medicine.

Correct Answer:  C. Dunzo

Explanation:  Dunzo delivery joined hands with Alliance Insurance Brokers to provide insurance to its national network of delivery partners. Through this initiative, Alliance Insurance Brokers is providing insurance protection to almost 20,000 delivery partners, insured on a daily basis, while they are active on the platform. In case of an accident, the policy offers a benefit of Rs 5 lakh to cover children’s education and reimburse business losses and hospitalization expenses.

Correct Answer:  D. Vikramaditya Singh Khichi

Explanation:  The Reserve Bank of India (RBI) appointed Vikramaditya Singh Khichi to a panel to advise the administrator of debt-ridden Reliance Capital (RCap), the apex bank said in a release. Khichi, former executive director of Bank of Baroda, has been appointed to Reliance Capital’s advisory committee following the resignation of Srinivasan Varadarajan from the panel. The Advisory Committee comprise of following members:

• Shri Sanjeev Nautiyal, ex-DMD, State Bank of India
• Shri Praveen P Kadle, ex-MD & CEO, Tata Capital Limited
• Shri Vikramaditya Singh Khichi, ex-ED, Bank of Baroda

The Advisory Committee shall advise the Administrator in the operations of Reliance Capital Ltd during the corporate insolvency resolution process.

Correct Answer:  C. 6th

Explanation:  ICC Women’s T20 World Cup Final: Australia won the Women’s T20 World Cup for the sixth time when they beat South Africa by 19 runs in the final at Newlands. Opening batter Beth Mooney anchored the Australian innings, scoring an unbeaten 74 in a total of 156 for six. Victory for the Aussies is their sixth in Women’s T20 World Cup history and completes a hat-trick of tournament wins under captain Meg Lanning after their triumphs in 2018 and 2020. Australia’s previous victories came in 2010, 2012, 2014, 2018 and 2020.

• Australia’s Ashleigh Gardner is the winner of the ICC Player of the Tournament award. The outstanding Gardner took ten wickets and smashed 110 runs in Australia’s triumphant campaign, playing a huge part in helping the team to a sixth Women’s T20 World Cup title.
• Beth Mooney is Player of the Match for her excellent half-century. Beth Mooney top-scored with 74*.

Correct Answer:  D. 7th

Explanation:  According to HedgewithCrypto research, India emerged as 7th biggest nation ready to adopt crypto in 2023. Australia is the biggest country when it comes to the adoption of cryptocurrency in 2023 with a score of 7.37 out of 10. The sale of cryptocurrency and other digital assets is legal and regulated in Australia. Following this, USA ranks as the second biggest country in crypto adoption with a score of 7.07 out of 10. Currently, there 33,630 crypto ATMs throughout the country. Ranking wise, Brazil comes third with a score of 6.81/10 and has seen a huge increase in average monthly searches for crypto of 355%. A new bill signed in December 2022 legalizes cryptocurrency throughout Brazil.

1. Australia
2. USA
3. Brazil
4. United Arab Emirates
5. Hong Kong
6. Taiwan
7. India
8. Canada
9. Turkey
10. Singapore