Daily GK and Current Affairs Quiz – 28th January 2023

Correct Answer:  B. ICICI Bank

Explanation:  Tata Motors has announced its partnership with ICICI Bank to offer EV dealer financing solutions to its authorised passenger EV dealers. Under this scheme, ICICI Bank will provide inventory funding to the authorised passenger EV dealers of Tata Motors.  According to Tata Motors, this inventory funding is in addition to the bank’s funding to dealers for diesel and petrol models. Under this facility, EV dealers can avail of flexible repayment tenures. The company currently retails three electric vehicles in India, namely the Tiago.EV, Tigor EV, and the Nexon EV.

Correct Answer:  C. Prabdev Singh

Explanation:  India’s Central Bank has approved JP Morgan Chase & Co. to appoint Prabdev Singh as the lender’s Chief Executive Officer in the Country. The Reserve Bank of India approved a three-year term for Prabdev Singh last week.

• Prabdev Singh has been JPMorgan’s interim CEO since November.
• He has replaced Madhav Kalyan who was named as the head of payments in the Asia Pacific.
• The Wall Street firm, JPMorgan, traces its presence in India back to 1922 and started commercial banking operations in the country about 15 years ago.
• JPMorgan has four commercial bank branches in the country.
• Prabdev Singh is a trained engineer and has worked for a decade at HSBC Holdings Plc before joining JPMorgan in 2010.

JPMorgan Chase & Co. is an American multinational financial services company headquartered in New York City and incorporated in Delaware. It is the largest bank in the United States and the world’s largest bank by market capitalization. As the largest of the Big Four banks, the firm is considered systemically important by the Financial Stability Board.

Correct Answer:  B. India

Explanation:  The United Nations General Assembly(UNGA) adopted a resolution titled ‘Education for Democracy’ that reaffirms the right of everyone to education. The resolution, which was co-sponsored by India, recognises that “education for all” contributes to the strengthening of democracy. The resolution encourages member states to integrate education for democracy into their education standards. This isn’t the first time that an education resolution has been adopted by the UN General Assembly. Earlier in 2015, a similar resolution was passed at the Assembly encouraging all UN entities to use education to promote peace, human rights, and democracy. The resolution aimed at encouraging member states to integrate education for democracy into their education standards.

Correct Answer:  B. Raja Chari

Explanation:  US President Joe Biden has nominated Indian-American astronaut Raja Chari for appointment to the rank of Air Force brigadier general, according to the US Defense Department. According to the department, the Senate, which approves all top civilian and military appointments, must ratify the nominee before it can become official. The statement from US Defense Department read, “Air Force Col. Raja J Chari for appointment to the grade of brigadier general. Chari is currently serving as the Crew-3 commander and astronaut, National Aeronautics and Space Administration, Johnson Space Center, Texas.”

Correct Answer:  B. E-SCR project

Explanation:  The E-SCR project aim is to provide Supreme Court’s judgement in various Indian scheduled languages from 26 January. As part of the e-SCR project, the verdict will be available on the SC court website, its mobile app and on the judgment portal of the National Judicial Data Grid (NJDG). Apart from the e-SCR, 1091 Supreme Court judgements in local languages will be made available on Republic Day. Verdicts in some of the scheduled languages will be available in free of cost from 26 January. In the Eighth Schedule of the Constitution, there are 22 languages. The Electronic Supreme Court Reports (e-SCR) project is an initiative to provide the digital version of Supreme Court Judgement.

Correct Answer:  D. Sarbananda Sonowal

Explanation:  Minister for Ports, Shipping and Waterways Sarbananda Sonowal inaugurated the National Logistics Portal (marine) in New Delhi. It is a one-stop platform aimed at connecting all the stakeholders of the logistics community using IT. This will improve efficiency and transparency by reducing costs and promote the growth of the logistics sector. National Logistics Portal will be a single window for all trade processes of the logistics sector spread across the country covering all modes of transport in the waterways, roadways, and airways to provide a seamless end-to-end logistic service coverage.

Correct Answer:  C. Amitabh Kant, Nandan Nilekani

Explanation:  India’s G20 Task Force on Digital Public Infrastructure for Economic Transformation, Financial Inclusion and Development has been set up by the government. The task force will be co-chaired by India’s G20 sherpa Amitabh Kant and Infosys chairman Nandan Nilekani. The Ministry of Finance has issued an order regarding the setting of the task force on 21 January, 2023. The task force will help India in achieving its G20 Presidency agenda related to digital public infrastructure, financial inclusion, digital identity, and innovative technology based services.

• The task force will create a detailed map of India’s digital infrastructure across different sectors like finance, health, education, skilling, data, taxation, digital commerce, mobility, and beyond.
• Secretaries of the department of economic affairs, department of financial services, ministry of electronics and information technology and external affairs ministry will be the other members of this task force.
• In the Sherpa track, the task force’s work will also facilitate the Global Partnership for Financial Inclusion (GPFI) working group in G20’s finance track and the Digital Working Group (DEWG).
• The government of India is committed to transforming India into a digitally empowered society.

Correct Answer:  D. Ahmedabad

Explanation:  30th National Child Science Congress started on 27th January 2023 at Ahmedabad in Gujarat. It is a five-day long event. It will conclude on 31st January 2023. It is being organized at Science City. Gujarat Council on Science and Technology (GUJCOST), the Gujarat Council of Science City, and SAL Education will host the program. Over 1400 delegates will attend the congress. The delegates include child scientists, escort teachers, evaluators, and government officials. National Children’s Science Congress (NCSC) is a flagship programme of the National Council for Science and Technology Communication. It was launched in 1993 for children of 10-17 years of age. The focal theme for NCSC is understanding ecosystem for health and well-being.

Correct Answer:  C. 2,600 crore rupees

Explanation:  The Central Government has sanctioned 2,600 crore rupees to Uttarakhand under the Revamped Distribution Sector Scheme (RDSS) for the construction of new power lines, sub-stations, and underground power lines. State Energy Secretary R Meenakshi Sundaram said that the State’s project has been approved in the Regional Power Committee meeting in New Delhi. Shri Sundaram said, to strengthen the power supply system, the capacity of sub-stations will be increased in several districts including Dehradun.  All power lines in Haldwani will be underground, he added.

Correct Answer:  C. Employees’ Provident Fund Organization

Explanation:  Employees’ Provident Fund Organisation (EPFO) has launched a massive district outreach program in all the districts of the country through a revamped Nidhi Aapke Nikat program. The aim of this program is to reach all the districts of the country on the same day i.e. 27th of every month. EPFO organized camps in 685 districts of the country. In the year 2015, Bhavishya Nidhi Adalat was rechristened as Nidhi Aapke Nikat and in the year 2019, the outreach of the Nidhi Aapke Nikat Program was further improved by inviting participation of trade unions. In the year 2021, for grievances redressal of pensioners, an exclusive platform monthly Pension Adalat was initiated.

The Nidhi Aapke Nikat 2.0 will not be only grievance redressal platform and information exchange network for the employers and the employees but also a platform for exchange of information with the district level authorities of various State and Central Government departments. In this programme, a help desk will be created where members will get the online services like filing of online claim etc. Grievance redressal of the members will be done on the spot and in case any grievance could not be redressed on the spot, it will be registered on the grievance portal of EPFO and will be resolved on priority.

Correct Answer:  C. 28th January

Explanation:  Data Protection Day, or Data Privacy Day, is celebrated on January 28. The aim is to create more awareness about the right to data protection and the various ways in which people can keep their data more safe. Let’s first understand the history and significance. The world is slowly but steadily moving towards digitisation, but this also means our data is becoming more vulnerable. This year, leading organisations are expected to invest heavily in updating more robust cybersecurity policies and procedures, enabling security automation, and monitoring attack surfaces. The theme for this year is ‘Think Privacy First’. In this digital age, it is pragmatic to prioritize data privacy, both for individuals and businesses.

Data Privacy Day is observed, January 28, to raise awareness of the value of online privacy, which has been proclaimed a fundamental right of a citizen.  The Council of Europe on April 26, 2006, decided to coin a Data Protection Day and announced that it will be observed each year on January 28, the day on which the Council of Europe’s data protection convention, known as “Convention 108,” was opened. Data Protection Day is now observed worldwide and is known as Privacy Day outside of Europe. This day is now celebrated globally to raise one of the most important issues of the digitally advancing world. The main goal of the day is to educate people on the challenges and inform them of their rights to privacy.

Correct Answer:  C. Akio Toyoda

Explanation:  The chief executive of Toyota Motor Corp, Akio Toyoda will step down as head of the company his grandfather founded, the Japanese automaker. Koji Sato, the automaker’s 53-year-old chief branding officer, who is also president of Toyota’s luxury brand Lexus, will take over as chief executive from April 1, as Akio Toyoda becomes chairman. The current chairman Takeshi Uchiyamada will drop his chairman title but remain on the board. During his more than a decade at the top, Toyoda presided over the carmaker during a period of intense change in the auto industry and rising uncertainty about how legacy automakers such as Toyota can fend off the challenge from newer – and often nimbler – challengers such as Tesla.

Sato started his career at Toyota in 1992, before rising through the ranks to become chief engineer of Lexus International, a luxury auto brand of Toyota, in 2016, according to his profile on the Toyota website. He has held positions as the president of Lexus International and Gazoo Racing Company, Toyota’s motorsport brand, since 2020. He also took on an executive role at Toyota and became its chief branding officer in January 2021.

Correct Answer:  C. 1981

Explanation:  ‘Ironman of India’ Sabir Ali, who won the decathlon gold at the 1981 Asian Athletics Championships in Tokyo, passed away. He was 67. Ali, who retired from Railways, won the title in the Japanese capital with a tally of 7,253 points beating Japan’s Nobuya Saito (7,078) and China’s Zu Qilin (7,074). He also won two silver medals at the South Asian Federation Games held in Kathmandu and Dhaka. Ali won eight consecutive Open National titles in the gruelling event between 1979 and 1985. The Railways star was unbeatable at the Inter-State meets too – he represented Haryana — which he won twice in 1979 and 1981. His pet event was the javelin throw. Ali won a bronze and silver at the World Railway meets in 1981 and ’85 and was honoured with the Arjuna Award in 1981. Ali, who grew up in Delhi, is survived by his wife, son and daughter.

Correct Answer:  C. Microsoft

Explanation:  Microsoft Corp. is investing $10 billion in OpenAI, whose artificial intelligence tool ChatGPT. The deal will give a boost to Microsoft’s Azure cloud, while providing OpenAI with additional specially designed supercomputers to run its complex AI models and fuel its research. Azure will remain the exclusive cloud provider for OpenAI, the company said. The service gives Microsoft’s cloud customers access to various OpenAI tools like the GPT-3.5 language system that ChatGPT is based on, as well as the DALL-E model for generating images from text prompts.