Daily GK and Current Affairs Quiz – 27th April 2023

Correct Answer:  C. Anant Maheshwari

Explanation:  Anant Maheshwari, the President of Microsoft India, has been appointed as the Chairperson of Nasscom for the period 2023-24, succeeding Krishnan Ramanujam, the President of Business and Technology Services at Tata Consultancy Services, who held the position for the year 2022-23. Additionally, Rajesh Nambiar, the Chairman and Managing Director of Cognizant India, has been named as the Vice Chairperson of Nasscom for 2023-24. Nasscom is the top association for the software and IT services industry.

The recently appointed leaders, together with President Debjani Ghosh, will lead the industry towards achieving its goal of reaching USD 500 billion by 2030 and making India a global technology hub. Their main focus will be to enhance the impact and level of innovation in India’s domestic sector to drive sustainable growth, particularly in the face of global economic uncertainties.

Correct Answer:  D. Adoor Co-operative Urban Bank

Explanation:  The Reserve Bank of India (RBI) has cancelled the banking licence of Kerala-based Adoor Co-operative Urban Bank, with effect from the close of business on April 24, 2023. RBI has allowed Adoor Co-operative Urban Bank to function as a non-banking institution. RBI has also stopped to conduct the banking business, including acceptance of deposits from non-members with immediate effect. The bank shall also ensure to repay unpaid and unclaimed deposits of non-members held by it.

Correct Answer:  B. Uttar Pradesh

Explanation:  The Swachh Bharat Mission (Urban) Uttar Pradesh has been awarded the country’s prestigious HUDCO Award for 2022-2023. It was awarded in the Best Practices to Improve the Living Environment 2022-23 category for cleanliness. The award was presented by the secretary of MoHUA, Manoj Josh to Neha Sharma (State mission director, UP). An amount of ₹one lakh was also given to the UP government as part of the award. This campaign was organized by the Swachh Bharat Mission (Urban) Uttar Pradesh from January 14 to 24, 2023.

Correct Answer:  B. USD 12,000

Explanation:  As per the Economic Advisory Council to the Prime Minister (EAC-PM), India likely to move to upper -middle-income category by 2047. The chairman of the ECA-PM Bibek Debroy said that some states in India are already in the high-income category in purchasing power parity (PPP) terms. According to the World Bank’s definition, a country with a per capita annual income of over USD 12,000 is considered as a higher-income nation. India, which is the world’s fifth-largest economy, is currently classified as a developing nation. Prime Minister Narendra Modi has set an ambitious target of making India a developed nation by 2047.

Correct Answer:  B. Stock brokers

Explanation:  The Securities and Exchange Board of India(Sebi) barred stock brokers from pledging clients’ funds with banks. At present, stock brokers and clearing members pledge clients funds with banks which in turn issue bank guarantees to clearing corporations for higher amounts. All existing bank guarantees created out of clients’ funds should be wound down by September 30, 2023.

Correct Answer:  C. 5.20 crore

Explanation:  In a recent report, the number of people enrolled in the Atal Pension Yojana has surpassed 5.20 crore as of March 31, 2023. In the fiscal year 2022-23, over 1.19 crore new subscribers joined the scheme, a growth of more than 20% compared to 99 lakh in the previous financial year. The scheme has accumulated assets under management of more than Rs. 27,200 crore and has yielded an investment return of 8.69% since its inception.

• Among Public Sector Banks, 9 banks met their annual targets, while Bank of India, State Bank of India, and Indian Bank managed to enroll more than 100 APY accounts per branch.
• Among Regional Rural Banks, 32 banks met their annual targets, and Jharkhand Rajya Gramin Bank, Vidharbha Konkan Gramin Bank, Tripura Gramin Bank, and Baroda Uttar Pradesh Gramin Bank enrolled more than 160 APY accounts per branch.
• In addition, Tamilnad Mercantile Bank, Dhanlaxmi Bank, and Airtel Payments Bank achieved their annual targets set by the Ministry of Finance.
• Additionally, the annual targets were successfully met by 12 states including Bihar, Jharkhand, Assam, Uttar Pradesh, West Bengal, Madhya Pradesh, Tripura, Rajasthan, Andhra Pradesh, Chhattisgarh, Odisha and Uttarakhand, thanks to the assistance and support of their respective State Level Banker’s Committees (SLBCs).
• The PFRDA organized 47 APY Outreach programs and Town Hall meetings across India in various locations, working closely with SLBCs and RRBs.
• Several measures were taken, such as introducing a digital onboarding system using Aadhaar, launching a revamped APY app, creating 17 podcasts to raise awareness about the benefits of APY, and implementing a Chatbot facility for basic information on APY, among others.
• Through APY, a subscriber would receive a guaranteed minimum pension of Rs. 1,000 to Rs. 5,000 per month for their entire life starting at age 60, depending on their contributions, which would vary based on the subscriber’s age at joining the APY.
• Upon the subscriber’s demise, their spouse would receive the same pension, and after the demise of both the subscriber and spouse, the accumulated pension wealth until the subscriber’s age of 60 would be returned to the nominee.

Correct Answer:  C. 27th April

Explanation:  International Girls in ICT Day is an annual event celebrated on the fourth Thursday of April to encourage and empower girls and young women to explore and pursue careers in the field of Information and Communication Technology (ICT). This day helps to promote gender equality and diversity in the field of Information and Communication Technology (ICT). It raises awareness about the gender gap in the tech industry and inspires women to consider careers in ICT. This year, it is being observed on April 27 with the theme “Digital Skills for Life”. Despite the significant role of ICT in our lives, a relatively small percentage of women globally opt for higher education in ICT-related fields, according to the International Telecommunication Union (ITU).

Correct Answer:  B. Pankaj Singh

Explanation:  BJP MLA from Noida and son of Union Defense Minister Rajnath Singh, Pankaj Singh was elected as the President of the Cycling Federation of India (CFI). The election was held during the Annual General Body meeting in Nainital, and Pankaj Singh was elected unopposed. Maninder Pal Singh was elected general secretary for the second time in a row. Sudesh Kumar from Kerala was elected as the treasurer. Uttar Pradesh, Delhi, Haryana, Uttarakhand, Gujarat, Kerala and Telangana elected two members each to the Executive Council. Chandigarh, Madhya Pradesh, Maharashtra, Jammu and Kashmir, Jharkhand, Bihar, Tamil Nadu, Orissa, Himachal Pradesh and Andaman and Nicobar elected one member each to the Executive Council.

 Cycling Federation of India (CFI)

• It is the national governing body for cycling in India and was established in 1946.
• It is recognized by the Union Cycliste Internationale (UCI), the world governing body for the sport of cycling.
• The main responsibilities of the CFI include promoting, developing and regulating cycling activities in India.
• The CFI organises various national and international cycling events including road races, track cycling, mountain biking and BMX events.
• It also oversees the selection and training of Indian cyclists for major international competitions such as the Olympics, Asian Games, Commonwealth Games and World Championships.

Correct Answer:  B. Pune

Explanation:  Pune and Pimpri Chinchwad scored the highest in Ease of Moving in 2022. The twin cities were followed by Mumbai and Coimbatore in Ola Mobility Institute (OMI) foundation’s Ease Of Moving Index (EoMI) India report 2022. Aizawl, Mizoram’s capital, was the top performer in clean mobility and has the highest adoption of cashless payments for mobility services. A total of 12 cities received higher cleanliness ratings this year, indicating an improvement in the perception of public transport users towards its cleanliness.

Correct Answer:  B. 4th

Explanation:  The fourth meeting of the India-Mozambique Joint Defense Working Group was held in New Delhi. The meeting was co-chaired by Amitabh Prasad, Joint Secretary, Ministry of Defense and Casimiro Augusto Muio, Permanent Secretary, Ministry of National Defense of Mozambique. Both sides discussed a wide range of issues including military training, exercises, medicine and capacity building with a view to deepening defense ties. The Indian side highlighted the country’s growing capabilities in the field of defense production and discussed ways to further strengthen bilateral military ties. The Mozambican side held separate talks with representatives of the defense industry. The Indian side assured Mozambique of India’s continued support and commitment to a strong bilateral defense relationship.

About Mozambique

• Mozambique is a central African nation.
• India has sent food and defence equipment to under Mission Sagar.
• It was delivered at Port Maputo of Mozambique.
• Capital: Maputo
• President: Philippe Nyusi
• Prime Minister: Carlos Agostinho do Rosário
• Currency:Mozambican metical (MZN)
• Joint Maritime Exercise among the Indian, Mozambique and Tanzanian navies – India-Mozambique-Tanzania Trilateral Exercise (IMT TRILAT).

Correct Answer:  B. 50 Billion USD

Explanation:  The National Medical Devices Policy, 2023 has been approved by the Cabinet, aiming to increase domestic production of medical devices and reduce imports. The medical devices sector in India is a sunrise sector that is growing at a fast pace. The policy is expected to help the Medical Devices Sector, grow from the present 11 billion US dollars to 50 billion US dollars in the next five years The policy aims to facilitate orderly growth of the medical device sector in India. It aims to meet the public health objectives of access, affordability, quality, and innovation. The policy will build an enabling ecosystem for manufacturing and focus on innovation to help the sector realize its full potential. The policy is expected to boost the growth of the medical device sector and help India increase its share in the global medical device market, which is currently estimated to be 1.5 percent.​ 

Correct Answer:  C. Pennsylvania

Explanation:  US state of Pennsylvania declares Diwali as official holiday in April 2023. The US state of Pennsylvania has officially recognized the Hindu festival of Diwali as a state holiday. The move was announced by Governor Tom Wolf, who signed a proclamation recognizing the festival as a holiday for state employees and public schools.

Correct Answer:  C. A popular Malayalam actor

Explanation:  Malayalam actor Mamukkoya passed away at 77 in Kozhikode in april 2023. Popular Malayalam actor Mamukkoya passed away at the age of 77 in Kozhikode, Kerala, after suffering a cardiac arrest. Having acted in over 400 Malayalam films, Mamukkoya began his acting stint by doing theatre in 1979. He went on to become an actor by doing comic roles and was popular for playing characters that spoke.

Correct Answer:  B. 1959

Explanation:  Dalai Lama personally received the 1959 Ramon Magsaysay Award from members of the Ramon Magsaysay Award Foundation at his residence. President of the Ramon Magsaysay Award Foundation,Susanna B. Affan, along with Foundation Trustee Emily A. Abrera, presented the award to the Dalai Lama. The award was given in August 1959 by the Ramon Magsaysay Award Foundation in the Philippines. The Dalai Lama’s elder brother Gyalo Thonden accepted the Magsaysay Award on his behalf in August 1959 in Manila, Philippines. Since his exile from Tibet in 1959, the Dalai Lama has been living in India.

Dalai Lama:

• He is the spiritual leader of the Tibetan people and is considered one of the most important figures in Tibetan Buddhism.
• The title “Dalai Lama” is a combination of the Mongolian word “Dalai,” meaning ocean, and the Tibetan word “lama,” meaning master, teacher, or mentor.
• The Dalai Lama is believed to be an incarnation of Avalokiteshvara, the bodhisattva of compassion.
• The current 14th Dalai Lama is Tenzin Gyatso, who was born in Tibet in 1935.
• He was recognized as the Dalai Lama at the age of two and was enthroned in 1950.
• In 1959, he had been living in exile in India since a failed rebellion against Chinese rule.

About Ramon Magsaysay Award

• It is an annual award that recognizes individuals and organisations in Asia for exceptional courage, integrity and service to their communities.
• The award was established in 1957 and is named after the late Philippine President Ramon Magsaysay.
• The award is given in six categories: government service, public service, community leadership, journalism, creative arts, and peace and international understanding.
• The award has recognized individuals and organisations from various fields and is known as the “Nobel Prize of Asia”.