Daily GK and Current Affairs Quiz - 4th April 2023
Daily GK and Current Affairs Quiz - 4th April 2023

Daily GK and Current Affairs Quiz – 4th April 2023

Today’s Current Affairs Quiz. Important Current Affairs Questions – April 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 – 4th April 2023″ in PDF format based on the current events for your daily practice.

This “Current Affairs Quiz – 4th April 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 – 4th April 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. Recently, the SEBI allowed PE funds to sponsor Mutual Fund schemes. In this context, what is the full form of PE?

  1. Parity Equity
  2. Public Equity
  3. Private Equity
  4. Proceeding Equity
  5. None of these

Show Correct Answers

Correct Answer:  C. Private Equity

Explanation:  The Securities and Exchange Board of India (SEBI) has allowed private equity (PE) funds to sponsor Mutual Fund schemes. The decision comes in the backdrop of IDFC Mutual Fund getting acquired by a consortium comprising Bandhan Financial Holdings Ltd, Sovereign Wealth Fund GIC, and private equity fund ChrysCapital. It has also permitted the set-up of self-sponsored asset management companies (AMCs).

2. Who among the following has been appointed by the Adani Group as the Executive Chairman of the Haifa Port Company?

  1. Yifat Alon
  2. Ron Malka
  3. Yarin Argon
  4. Arun Kumar
  5. None of these

Show Correct Answers

Correct Answer:  B. Ron Malka

Explanation:  Adani Group appointed Ron Malka, former envoy of Israel to India, as the Executive Chairman of the Haifa Port Company (HPC). A consortium of Adani Ports and Special Economic Zone (APSEZ) and Israel’s Gadot Group won the tender in July last year to privatise the strategic Port of Haifa in Israel for USD 1.18 billion. Malka has shared the news on his Twitter handle and said that he has assumed charge as the Executive Chairman of the company.

Malka served as the ambassador of Israel to India from 2018 to 2021. The Port of Haifa is the second largest port in Israel in terms of shipping containers and the biggest in shipping tourist cruise ships. The Adani Group officially took over the Israeli port in January this year at a ceremony attended by Prime Minister Benjamin Netanyahu and other top Israeli officials. Israel expects that the Adani Group’s major entry into the country will lead to more Indian investments, especially in the fields of renewable energy and defence.

3. Who among the following has been appointed as the new vice chief of naval staff, effective from April 2023?

  1. S. M. Nanda
  2. R. Hari Kumar
  3. SN Ghormade
  4. Sanjay Jasjit Singh
  5. None of these

Show Correct Answers

Correct Answer:  D. Sanjay Jasjit Singh

Explanation:  Vice-Admiral Sanjay Jasjit Singh assumed the position of Vice-Chief of Naval Staff (VCNS) as part of a series of high-level changes in the Indian Navy. Vice Admiral Singh graduated from the National Defence Academy in Pune and joined the Indian Navy’s executive branch in 1986. Over his 37-year career, he has served on various types of ships and held many leadership roles, including Assistant Chief of Naval Staff (CSNCO), Flag Officer Commanding of the Western Fleet, Commandant Naval War College, and Controller Personnel Services. Prior to his current position as VCNS, he was Deputy Chief of Integrated Defence Staff (Operations). In recognition of his distinguished service, he was awarded the Nao Sena Medal in 2009 and the Ati Vishisht Seva Medal in 2020.

As part of the recent high-level changes in the Indian Navy, Vice-Admiral Suraj Berry has assumed the position of Chief of Personnel (COP), while Vice-Admiral Atul Anand has taken over as Director-General Naval Operations (DGNO). Vice-Admiral Anand joined the Executive Branch of the Navy in 1988 and served as the Flag Officer Commanding of the Maharashtra and Karnataka Naval Areas before being promoted to a three-star officer and assuming the role of DGNO. Vice-Admiral Berry, who specializes in gunnery and missile warfare, was commissioned in 1987 and had previously served as Controller-Personnel Services at naval headquarters before taking up his new role as COP.

4. According to the RBI’s data, what were India’s foreign exchange reserves as of March 24, 2023? (April 2023)

  1. $573.11 billion
  2. $571.18 billion
  3. $578.78 billion
  4. $572.40 billion
  5. None of these

Show Correct Answers

Correct Answer:  C. $578.78 billion

Explanation:  According to the Reserve Bank of India (RBI), India’s foreign exchange reserves have continued to increase for the second consecutive week, reaching USD 578.778 billion in the week ending March 24. This indicates a rise of USD 5.978 billion in the week. In the previous week, the forex reserves had gone up by USD 12.8 billion, bringing the total forex reserves to USD 572.8 billion. The increase in reserves is mainly attributed to the rise in foreign currency assets, which surged by USD 6.48 billion to USD 536.99 billion in the week ended March 24.

  • It is worth noting that India’s forex reserveshit a record high of USD 645 billion in October 2021, but have since been declining due to the central bank using the reserves to defend the rupee against pressures caused by global developments.
  • Gold reservesremained unchanged at USD 39.59 billion. The special drawing rights with the International Monetary Fund (IMF) declined by USD 6 million to USD 1.53 billion, while India’s reserve position with the IMF dipped by USD 47 million to USD 5.71 billion.

5. Recently, the research published in the journal “Scientific Data’ ranked India __________ among the top 10 contributors to global warming.

  1. 3rd
  2. 5th
  3. 7th
  4. 2nd
  5. All of the above

Show Correct Answers

Correct Answer:  B. 5th

Explanation:  Recently, the research published in the journal “Scientific Data’ ranked India fifth among the top 10 contributors to global warming. The United States topped the list with its emissions causing 0.28°C (17.3%) of rise in temperature. China stood second and Russia took third place. Since 2005, India climbed to the fifth spot from the 10th. India is responsible for 0.08 degrees Celsius of warming from the 1850s through 2021. India’s emissions of carbon dioxide (CO2), methane (CH4) and nitrous oxide (N2O) from 1851-2021 have resulted in 0.04°C, 0.03°C and 0.006°C of global warming over pre-industrial levels, respectively. Ranking Of Countries as per their contribution to the Rise in temperature:

Rank Country Contribution in % to rise in temperature/warming
1 USA Nearly 17%
2 China Nearly 12%
3 Russia Nearly 6%
4 Brazil Nearly 5%
5 India Nearly 5%

6. Which of the following port handles the highest annual traffic among all Ports in the country?

  1. Mangalore port
  2. Paradip port
  3. Kandla port
  4. Visakhapatnam port
  5. None of these

Show Correct Answers

Correct Answer:  B. Paradip port

Explanation:  Paradip Port has handled a record annual traffic of 135.36 million metric tonnes against 116.13 million metric tonnes during the last financial year. Addressing a press conference in Odisha capital Bhubaneswar on Sunday, PL Haranadh, Chairman, Paradip Port Authority said that the growth in cargo handling achieved by Paradip Port is the highest among all Ports of the country. He said that while the Port has achieved highest ever coastal shipping traffic of 58.42 million metric tonnes, it has also improved its berth productivity to 31,050 MT which is the highest among all the ports of the country. Stating that Paradip Port is the cheapest in terms of tariff among all the port of the country, Mr Haranadh said that Paradip Port, with 289 million metric tonnes capacity is poised to cross 300 million metric tonnes mark in another 3 years with the commissioning of Western Dock project.

7. India’s March 2023 GST collection rose to the second-highest of ________.

  1. Rs 1.50 lakh crore
  2. Rs 1.60 lakh crore
  3. Rs 1.70 lakh crore
  4. Rs 1.55 lakh crore
  5. None of these

Show Correct Answers

Correct Answer:  B. Rs 1.60 lakh crore

Explanation:  The Goods and Services Tax (GST) revenue collection for March 2023 has increased by 13% to Rs 1.60 lakh crore, according to data released by the Ministry of Finance. This marks the third consecutive month of increase in GST collections and is a positive sign for India’s economy, which has been grappling with the impact of the COVID-19 pandemic. The increase in GST collections can be attributed to a number of factors, including the revival of economic activity and the government’s efforts to improve tax compliance. The government has introduced a range of measures to encourage businesses to comply with GST regulations, including the introduction of a simplified tax filing system and the use of technology to streamline the tax collection process.

8. UPI processed its highest-ever transactions since inception in March 2023 with ________transactions.

  1. 9.3 billion
  2. 6.9 billion
  3. 8.7 billion
  4. 7.6 billion
  5. None of these

Show Correct Answers

Correct Answer:  C. 8.7 billion

Explanation:  Unified Payments Interface (UPI) – ended the financial year (FY23) on a high, with March seeing 8.7 billion transactions being processed on the platform, the highest ever since its inception, amounting to Rs 14.05 trillion. Launched in 2016, it took the platform three years to reach the milestone of processing a billion transactions a month in October 2019. Dilip Asbe: Managing Director & CEO at National Payments Corporation Of India (NPCI).

Monthly CA Digest March 2023 – Current Affairs Updates & 400+MCQ

9. Salim Durani, who passed away at 88, was associated with which of the following sports?

  1. Boxing
  2. Cricket
  3. Tennis
  4. Wrestling
  5. None of these

Show Correct Answers

Correct Answer:  B. Cricket

Explanation:  Salim Durani, a former Indian cricketer known for his striking looks, humor, and ability to hit powerful sixes, passed away at the age of 88. Salim Durani, who was originally from Kabul, Afghanistan, was a talented cricketer known for his explosive batting and left-arm orthodox bowling. He played in 29 Tests for India and played a significant role in India’s 2-0 victory over England in a five-match Test series in 1961-62. Durani was especially influential in India’s victories at Calcutta and Madras, where he took eight and 10 wickets, respectively. He was renowned for his ability to hit the ball out of the park and was considered an all-rounder due to his talent with both bat and ball.

Durani  played 29 Test matches for India and scored 1,202 runs at an average of 25.04, including one century and seven half-centuries. With the ball, he picked up 75 wickets and his best bowling figure was 6/73 in an inning. He also had a century and seven half-centuries in his career. With the ball, Durani picked up 75 wickets and 6/73 remained his best bowling figure in an inning. Once, when he was dropped for a test series, fans chanted slogans like “No Durrani, no Test.” The star cricketer also dabbled in Bollywood, starring opposite renowned actor Praveen Babi in the movie Charitra in 1973.

10. The Mahila Samman Savings Certificates-2023 scheme offers a fixed interest of how much per cent compounded quarterly?

  1. 8.5%
  2. 8%
  3. 7.5%
  4. 7%
  5. None of these

Show Correct Answers

Correct Answer:  C. 7.5%

Explanation:  The Ministry of Finance has issued gazette notifications for the Mahila Samman Savings Certificates-2023 scheme. The scheme has been made available at all the post offices across the country. The 2-year tenure scheme offers a fixed interest of 7.5% interest compounded quarterly with flexible investment and partial withdrawal options with a maximum ceiling of Rs. 2 lahks. The scheme was announced in the 2023-24 Budget by the Union Finance Minister to commemorate ‘Azadi Ka Amrit Mahotsav.’ The scheme is valid for two years up to 31st March 2025.

National Savings (Monthly Income Account) Scheme, 2019 has been amended through National Savings (Monthly Income Account) (Amendment) Scheme, 2023. The maximum investment limit has been raised from ₹ 4 lakh fifty thousand to ₹ 9 lakh for a single account and from ₹ 9 lakh to ₹ 15 lakh for a joint account with effect from 1st April 2023. Likewise, the Senior Citizen Savings Scheme, 2019 has been amended through Senior Citizens Savings (Amendment) Scheme, 2023 and the maximum investment limit has been raised from ₹ 15 lakh to ₹ 30 lakh.

 

11. Recently, who has been appointed as Executive Director by the Reserve Bank of India (RBI)?

  1. Badri Srinivasan
  2. Pranav Haridasan
  3. Neeraj Nigam
  4. Dr Praveer Sinha
  5. None of these

Show Correct Answers

Correct Answer:  C. Neeraj Nigam

Explanation:  Neeraj Nigam has been appointed as Executive Director by the Reserve Bank of India (RBI). He will be responsible for overseeing several departments including Consumer Education and Protection, Financial Inclusion and Development, Legal, and Secretary.  Before his promotion to ED, Nigam served as the head of the Bhopal Regional Office for the RBI.

12. Who among the following won the Australian Grand Prix 2023?

  1. Sergio Pérez
  2. Lewis Hamilton
  3. Max Verstappen
  4. Charles Leclerc
  5. None of these

Show Correct Answers

Correct Answer:  C. Max Verstappen

Explanation:   Red Bull’s Max Verstappen has claimed his first Australian Grand Prix 2023. Seven-time world champion Lewis Hamilton, who drove superbly in his Mercedes, finished second, while Aston Martin’s Fernando Alonso filled third spot on the podium. Verstappen had appeared to be coasting to victory with an eight-second lead when debris from Kevin Magnussen’s Haas forced the second of three red flags issued in the race with three laps remaining.

13. Bank of Maharashtra (BoM) recently inaugurated its first dedicated Branch for start-ups in which of the following cities?

  1. Mumbai
  2. Pune
  3. Bengaluru
  4. Gandhinagar
  5. None of these

Show Correct Answers

Correct Answer:  B. Pune

Explanation:  Bank of Maharashtra (BoM), inaugurated its first dedicated Branch for start-ups in Pune, Maharashtra. The dedicated branch will provide all kinds of support to a startup during its growth journey. During the event Bank of Maharashtra signed an MoU with the Small Industries Development Bank of India (SIDBI) venture capital for proactive financing of start-ups. Bank of Maharashtra is an Indian public sector bank headquartered in Pune.

14. Which of the following National Parks has got a fernarium in April 2023 with 52 varieties of ferns planted in it?

  1. Jim Corbett National Park
  2. Eravikulam National Park
  3. Kaziranga National Park
  4. Bandhavgarh National Park
  5. None of these

Show Correct Answers

Correct Answer:  B. Eravikulam National Park

Explanation:  Eravikulam National Park in Munnar, Kerala, which is home to the Nilgiri tahr, now features a new attraction: a fernarium located within the park. This is the first instance of a fern collection being established in the hill station, according to officials. The fern park is located close to the orchidarium and will be accessible to the public starting from April 20th. The Eravikulam National Park is known for its diverse range of flora and fauna, and the introduction of the fernarium is a step towards educating visitors about the park’s biodiversity. Ferns belong to the Epiphytic family and are known to grow naturally in a soilless environment. These plants absorb water and nutrients by leaching them from trees. A significant number of ferns can be found growing on the trees within the park.

15. Who among the following Wins Maiden Miami Opens Title 2023?

  1. Novak Djokovic
  2. Jannik Sinner
  3. Daniil Medvedev
  4. Lorenzo, Musetti
  5. None of these

Show Correct Answers

Correct Answer:  C. Daniil Medvedev

Explanation:  Russian tennis star Daniil Medvedev claimed his fourth title of the year by defeating Jannik Sinner in a closely-contested final match in Miami Opens 2023. Medvedev, who was once the top-ranked player in the world, has now won 24 out of his last 25 matches, including his latest victory at the prestigious Miami Open. The win marked his first-ever title win at the Miami Open. Medvedev clinched his fifth Masters 1000 title and 19th title overall by beating Sinner, who has also been in impressive form this season, with a scoreline of 7-5, 6-3. Interestingly, Medvedev has won each of his 19 titles in different tournaments. This was also his first Masters 1000 title since winning in Toronto back in 2021.

By winning the Miami Open, Daniil Medvedev has also increased his advantage over Novak Djokovic in the ATP year-end rankings (Race to Turin) by 600 points. On the other hand, Jannik Sinner’s performance in reaching the final has allowed him to climb to his career-best ranking of No. 9 in the men’s singles chart.

Daily GK and Current Affairs Quiz – 2nd & 3rd April 2023


Current Banking & Economy Awareness Cracker for IBPS/SBI Mains Exams 2022/23- Download 2500+ MCQ eBook

Current Banking & Economy Awareness Cracker for SBI Mains Exams 2022/23
Current Banking & Economy Awareness Cracker for SBI Mains Exams 2022/23

Try Attempt Daily Current affairs 2023 Quizzes on the latest current affairs questions and answers, this Daily Current Affairs 2023 resource yields the facts about the events of International Current affairs, National, Sports, Business, Banking Current Affairs 2023, and more that are Important for competitive exams as well as interviews.

Monthly Current Affairs Digest 2022

Last Six Months Current Affairs eBook 2022 (July to December) – Download Here
Monthly Current Affairs PDF December 2022 Monthly Current Affairs PDF November 2022
Monthly Current Affairs PDF October 2022 Monthly Current Affairs PDF September 2022
Monthly Current Affairs PDF August 2022 Monthly Current Affairs PDF July 2022
Monthly Current Affairs PDF June 2022 Monthly Current Affairs PDF May 2022
Monthly Current Affairs PDF April 2022 Monthly Current Affairs PDF March 2022
Monthly Current Affairs PDF Feb 2022 Monthly Current Affairs PDF Jan 2022

Attempt Free Mock Tests & Get Free eBooks

SBI Clerk 2023 Free Mock Tests – Attempt Free Here
SBI PO Mains 2023 Free Mock Tests – Attempt Free Here
IBPS PO Mains 2023 Free Mock Tests – Attempt Free Here
Free Current Affairs Test & Monthly Free eBook 2023 – Click Here
Download Free Ixammr Exam Preparation App By Let’s Study Together (LST)