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Current Affairs For 9th October 2023

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Hello Readers , Current affairs coverage aims to provide accurate and up-to-date information about significant events and developments. It helps individuals stay informed about what is happening globally, nationally, and locally.

 

Q1.When is Indian Air Force Day 2023 observed?

  1. October 6 
  2. October 7 
  3. October 8 
  4. October 9

Ans:-3)October 8

  • Indian Air Force Day is celebrated on October 8 every year to commemorate the establishment of the Indian Air Force in 1932.

 

Q2.Which sport secured the highest number of gold medals for India at the 2023 Asian Games?

  1. Shooting 
  2. Athletics 
  3. Archery 
  4. Wrestling

Ans:-1)Shooting

  • Shooting won India 7 gold medals at the 2023 Asian Games, the most of any sport.

 

Q3.In which state was the inaugural edition of the Women Entrepreneurship Platform (WEP) – NITI Aayog State Workshop Series on Enabling Women-led Development through Entrepreneurship organized?

  1. Gujarat 
  2. Maharashtra 
  3.  Goa 
  4. Karnataka

Ans:-3)Goa

  • The inaugural edition of the WEP – NITI Aayog State Workshop Series was organized in Goa.

 

Q4.Who has been invited as the Chief Guest for the 49th AIPSC?

  1. Amit Shah 
  2. Pushkar Singh Dhami 
  3.  Ashok Kumar 
  4.  Narendra Modi

Ans:-1)Amit Shah

  • Union Home Minister Amit Shah is the Chief Guest of the 49th AIPSC.

 

Q5.Who was awarded the Nobel Prize in Physics in 2023?

  1.  Katalin Karikó and Drew Weissman 
  2. Pierre Agostini, Ferenc Krausz and Anne L’Huillier 
  3. Moungi G. Bawendi, Louis E. Brus and Alexei I. Ekimov 
  4. Jon Fosse

Ans:-2)Pierre Agostini, Ferenc Krausz and Anne L’Huillier

 

Q6. Who received the Nobel Peace Prize in 2023?

  1. Katalin Karikó and Drew Weissman
  2. Pierre Agostini, Ferenc Krausz and Anne L’Huillier
  3.  Moungi G. Bawendi, Louis E. Brus and Alexei I. Ekimov
  4. Narges Mohammadi

Ans:-4)Narges Mohammadi

  • Narges Mohammadi won the 2023 Nobel Peace Prize for her fight against the oppression of women in Iran and her fight to promote human rights and freedom for all. Mohammadi is an Iranian human rights activist who has been imprisoned multiple times for her work. She is a founding member of the Defenders of Human Rights Center, a Nobel Peace Prize-nominated organization that works to promote human rights in Iran.

 

Q7. By how much did nonfarm payrolls increase in September 2023?

 

  1. 170,000

2.227,000

3.336,000

4.363,000

Ans:-3)336,000

Nonfarm payrolls increased by 336,000 jobs in September 2023, according to the Labor Department.

 

Q8. What does wage growth moderation refer to?

  1. A slowdown in the rate of wage increases. 
  2. An increase in the rate of wage increases. 
  3. A constant rate of wage increases. 
  4. A decrease in the rate of wage increases.

Ans:-2)An increase in the rate of wage increases.

  • Wage growth moderation is a slowdown in the rate of wage increases.

 

Q9.Who is scheduled to inaugurate the 10th edition of the Vibrant Gujarat Summit on January 10, 2024?

  1. Narendra Modi 
  2.  Bhupendrabhai Patel 
  3.  Amit Shah 
  4. S Jaishankar

Ans:-1)Narendra Modi

  •  Prime Minister Narendra Modi will inaugurate the 10th edition of the Vibrant Gujarat Summit on January 10, 2024. This event holds significance as it aligns with the Prime Minister’s vision of “Viksit Bharat @2047,” emphasizing India’s growth and development.

 

Q10.What is the chosen theme for the 10th Vibrant Gujarat Summit?

  1. Gateway to the future 
  2. Vibrant Gujarat: A Growth Story 
  3. Gujarat: Investing in the Future 
  4. Gujarat: A Global Investment Hub

Ans:-1)Gateway to the future

  • The 10th Vibrant Gujarat Summit carries the theme of “Gateway to the future.” This theme underscores the state’s vision for the future and its role as a gateway to investment and development opportunities.

Current Affairs For 8th October 2023

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Current affairs encompass a wide range of events and occurrences that have global significance. This includes political developments, international relations, economic trends, social issues, technological advancements, environmental concerns, and more.

 

Q1.What is the name of the operation unleashed by Hamas in the Israel-Palestine conflict?

  1. Operation Al-Quds Surge 
  2. Operation Al-Aqsa Flood 
  3. Operation Gaza Uprising 
  4.  Operation West Bank Fury

Ans:-2)Operation Al-Aqsa Flood

  • The Israel-Palestine conflict has undergone a dramatic escalation with the launch of “Operation Al-Aqsa Flood” by Hamas, involving the firing of over 5,000 rockets into Israel. This has rapidly evolved into a full-fledged war, leading to substantial casualties and instilling widespread fear among civilians.
  • Israeli Prime Minister Benjamin Netanyahu officially declared a state of war, underscoring the gravity of the situation. He emphasized that this was not simply an operation, but rather an all-encompassing war. Netanyahu pledged that Hamas would face an unprecedented level of retaliation.

 

Q2.What has the EU approved to combat greenwashing?

  1. World’s First Green Bond Standards 
  2. Environmental Regulations 
  3. Renewable Energy Initiatives 
  4. Sustainable Investment Guidelines

Ans:-1)World’s First Green Bond Standards

  • In a substantial effort to counteract greenwashing and provide investors with reliable indicators of genuinely sustainable businesses, European Union legislators have sanctioned pioneering guidelines for firms issuing “green” bonds. This fresh initiative seeks to foster openness and authenticity within the green bond market, curbing deceptive claims about climate-friendliness.
  • The European Parliament’s endorsement heralds the introduction of a voluntary criterion for employing the “European Green Bond” designation, touted as the inaugural standard of its kind on a global scale. This benchmark is crafted to steer investors towards authentic sustainable investment prospects, concurrently assuring issuing companies of the suitability of their bonds for environmentally conscious investors.

 

Q3.Which state has become the fourth to implement the E-Cabinet System?

  1. Assam 
  2. Manipur
  3. Mizoram
  4. Tripura

Ans:-4)Tripura

  • Tripura Chief Minister Manik Saha has recently launched the state’s e-cabinet system, making Tripura the fourth Indian state, and the second in the Northeast region, to implement this technology following Uttarakhand, Uttar Pradesh, and Arunachal Pradesh.
  • This introduction demonstrates a dedication to conducting paperless cabinet meetings, thereby reducing the environmental impact and championing environmental sustainability. This is achieved through the adoption of digital tablets by ministers and bureaucrats.

 

Q4.How many new districts will be established in Rajasthan according to Chief Minister Ashok Gehlot?

  1. One 
  2. Two 
  3. Three 
  4.  Four

Ans:-3)Three

  • Rajasthan’s Chief Minister Ashok Gehlot has recently announced the intention to create three additional districts in the state: Malpura, Sujangarh, and Kuchman City. This move precedes the forthcoming Assembly election and will raise the total number of districts in Rajasthan to 53.

 

Q5.Where was the first state workshop on Women-Led Development organized by NITI Aayog held?

  1. Maharashtra 
  2. Goa 
  3. Kerala 
  4. Rajasthan

Ans:-2)Goa

  • The inaugural event of the Women Entrepreneurship Platform (WEP) – NITI Aayog State Workshop Series on Empowering Women-led Development through Entrepreneurship took place at the CSIR-National Institute of Oceanography (NIO) Auditorium in Goa. This workshop, conducted in partnership with the Government of Goa, had a special emphasis on the western region of the country.
  • Swayampurna Goa initiative: Marking the three-year anniversary of the Swayampurna Goa initiative, Dr. Pramod Sawant highlighted its key focus on skill enhancement and the deployment of “Swayampurna Grameen Mitras” for the convenient delivery of government services directly to every block and Panchayat.

 

Q6.Where did the All India Police Science Congress begin?

  1. New Delhi 
  2. Mumbai 
  3. Dehradun 
  4. Chennai

Ans:-3)Dehradun

  • On October 7th, the 49th All India Police Science Congress (AIPSC) organized by the Uttarakhand Police commenced at the Forest Research Institute in Dehradun.
  • Under the theme of “Policing in Amrit Kaal,” this annual event, conducted under the auspices of the Bureau of Police Research and Development (BPR&D), serves as a platform for insightful discussions on various aspects of modern policing.
  • The 49th AIPSC has identified six compelling themes for discussion, each addressing crucial challenges and developments in contemporary policing. Additionally, the event is integrating technology for its management, showcasing a forward-thinking approach.

 

Q7.What does the strong surge in US job growth in September potentially indicate regarding the Federal Reserve’s actions?

  1. Potential easing of monetary policy 
  2. Potential tightening of monetary policy 
  3. No change in monetary policy 
  4. Potential increase in government spending

Ans:-2)Potential tightening of monetary policy

  • The U.S. job market witnessed significant expansion in September, strengthening the argument for potential interest rate hikes by the Federal Reserve later this year. Nonfarm payrolls, a pivotal gauge of employment trends, recorded a noteworthy surge of 336,000 jobs in September.
  • The unexpectedly robust job growth during this period has heightened the likelihood of the Federal Reserve implementing measures to increase interest rates in the near term. Although the central bank’s primary objective is to manage inflation and secure price stability, a resilient labor market can also wield influence over its policy determinations.

 

Q8.What does RBI identify as a key risk to macroeconomic stability?

1.High Unemployment

2.High Inflation

3.Low GDP Growth

4.Excessive Government Spending

Ans:-2)High Inflation

  • RBI Governor Das emphasized the firm commitment of the Monetary Policy Committee (MPC) to realigning inflation with the 4% target. Through a majority decision, the MPC has opted to withdraw accommodation, a move aimed at aligning inflation with continued support for economic growth.
  • Governor Das underlined that the RBI’s inflation target stands at a steady 4%, not within a range of 2 to 6%. The central bank is determined to actively implement anti-inflationary measures while concurrently providing support for growth in order to attain this objective.

 

Q9.What is the name of the mobile app launched by REC for 54EC Bonds investors?

  1. SUGAM REC 
  2. REC Bonds Connect 
  3. Mobile Bond Investor 
  4. BondEase

Ans:-1)SUGAM REC

  • REC Limited, a leading Non-Banking Financial Company (NBFC) focusing on Power Sector Financing and Development, has unveiled its newest digital offering, the ‘SUGAM REC’ mobile application.
  • This specialized app is tailored to meet the requirements of investors keen on REC’s 54EC Capital Gain Tax Exemption Bonds. Through ‘SUGAM,’ REC strives to streamline the investment process and elevate the overall experience for both current and potential investors.

 

Q10.Who has been appointed as the brand ambassador for Reliance’s JioMart?

  1. Virat Kohli 
  2. Sachin Tendulkar
  3. MS Dhoni 
  4. Rohit Sharma

Ans:-3)MS Dhoni

  • Reliance Retail’s JioMart has enlisted the services of Mahendra Singh Dhoni, India’s cricketing icon, as its brand ambassador. This collaboration coincides with the rebranding of their festive campaign from JioMart to “JioUtsav, Celebrations Of India,” slated to launch on October 8, 2023.
  • The JioUtsav initiative is crafted to commemorate India’s vibrant culture, its people, and the diverse festivals that punctuate the nation’s calendar. Taking inspiration from Dhoni’s illustrious career, it acknowledges that he has provided the nation with countless reasons to rejoice through his remarkable cricketing feats.
  • JioMart has been progressively extending its footprint in the Indian e-commerce landscape. Whether it’s electronics, groceries, fashion, or home essentials, JioMart aims to offer a comprehensive range of options to cater to every customer’s requirements. Presently, the platform collaborates with over 1000 artisans and boasts a diverse assortment of 150,000 distinctive products.

 

 

Current Affairs For 7th October 2023

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Hello readres, We deliver information in a concise and digestible format, making it easy for you to grasp the key points quickly. Our summaries are designed to provide essential details without overwhelming you with unnecessary jargon.

 

Q1.Which state has received approval for the establishment of Sarakka Central Tribal University?

  1. Andhra Pradesh
  2. Telangana
  3. Maharashtra
  4.  Odisha

Ans:-2)Telangana

  • On October 4th, the Union Cabinet granted approval for the creation of The Sarakka Central Tribal University in Telangana. This university, allocated a budget of Rs 889 crore, will be situated in Mulugu district.
  • This move fulfills a commitment by the Central government outlined in the Andhra Pradesh Reorganisation Act, 2014. The act aimed to facilitate the establishment of tribal universities in both Andhra Pradesh and Telangana.

 

Q2.Who inaugurated the country’s first high-tech sports training center?

  1. President of India
  2. Prime Minister Modi 
  3.  Minister of Sports and Youth Affairs 
  4. Chief Minister of the respective state
  • Prime Minister Narendra Modi unveiled the nation’s inaugural state-of-the-art sports training facility designed for Divyangjan (persons with disabilities) in Gwalior, Madhya Pradesh. The center, named after the former Prime Minister Shri Atal Bihari Vajpayee, is geared towards fostering inclusivity in sports, nurturing talent, and promoting engagement across diverse sporting disciplines. Divyangjan from every corner of the country will have the opportunity to practice and receive training at the Atal Bihari Training Center for Divyang Sports.

 

Q3.What is the significance of the Burevestnik Missile?

1.It is an anti-satellite missile system.

2.It is a missile defense system developed by Russia.

3.It is a nuclear missile capable of reaching targets in the US.

4.It is a conventional missile used for precision strikes.

Ans:-3)It is a nuclear missile capable of reaching targets in the US.

  • In a recent address encompassing topics ranging from nuclear weapons to international relations, Russian President Vladimir Putin disclosed the successful testing of a novel nuclear-powered missile named “Burevestnik”. This ground-launched, low-altitude cruise missile possesses the capacity to transport a nuclear warhead. Its distinguishing feature lies in its nuclear propulsion system, affording it the ability to sustain flight for prolonged durations and traverse great distances.

 

Q4.Which country has delivered uranium for Bangladesh’s Rooppur Nuclear Power Plant?

  1. USA 
  2. Russia 
  3. China 
  4. India

Ans:-2)Russia

  • Bangladesh has recently taken delivery of its initial consignment of uranium from Russia. This uranium will serve as fuel for Bangladesh’s Rooppur nuclear power plant, a crucial endeavor supported by Russia’s Rosatom. The plant, situated in Ishwardi, Bangladesh, is slated to produce 2,400 megawatts of electricity upon full activation of both units. This capacity will cater to the power requirements of roughly 15 million households in Bangladesh, signifying a significant stride in meeting the nation’s energy demands.

 

Q5.What percentage of reservation will Madhya Pradesh provide for women in government jobs?

  1. 25% 
  2. 35% 
  3. 45% 
  4. 50%

Ans:-2)35%

  • In a significant stride towards gender parity and the empowerment of women, the Madhya Pradesh government has introduced a pioneering policy. This policy mandates the reservation of 35% of all state government job positions for women, with the exception of the Forest Department. This progressive alteration to the Madhya Pradesh Civil Services (Special Provision for Appointment of Women) Rules, 1997, comes in anticipation of the impending state assembly elections.

 

Q6.What has received the Geographical Indication (GI) tag in Arunachal Pradesh?

  1. Mithun Cattle 
  2. Yak Churpi 
  3. Bamboo Handicrafts 
  4. Orchid Flowers

Ans:-2)Yak Churpi

  • Recently, the tangy and slightly salty churpi, a naturally fermented cheese crafted from the milk of yaks native to the high-altitude regions of Arunachal Pradesh, has been bestowed with the esteemed Geographical Indication (GI) tag. For the tribal communities of Arunachal Pradesh, churpi, a traditional cheese derived from yak milk, has been a dietary mainstay. Its protein-rich composition renders it a crucial nutritional source, particularly in areas where fresh vegetables are less abundant.

 

Q7.What did RBI reveal recently?

  1. Fifth Bi-Monthly Monetary Policy 
  2. Third Bi-Monthly Monetary Policy 
  3. Fourth Bi-Monthly Monetary Policy 
  4. Second Bi-Monthly Monetary Policy

Ans:-3)Fourth Bi-Monthly Monetary Policy

  • On October 6, the Reserve Bank of India (RBI) announced its fourth bi-monthly monetary policy. The central bank has opted to maintain the repo rate at 6.50% and has taken a stance of ‘withdrawal of accommodation.’
  • Here are the prevailing rates:

– Policy Repo Rate: 6.50%
– Standing Deposit Facility (SDF): 6.25%
– Marginal Standing Facility Rate: 6.75%
– Bank Rate: 6.75%
– Fixed Reverse Repo Rate: 3.35%
– CRR (Cash Reserve Ratio): 4.50%
– SLR (Statutory Liquidity Ratio): 18.00%

 

Q8.What was India’s Services PMI in September?

  1. 13 
  2. 61 
  3. 30 
  4. 50

Ans:-2)61

  • In September, India’s services sector witnessed a substantial surge in both local and global demand, attaining a 13-year peak as per the Purchasing Managers’ Index (PMI) reported by S&P Global Market Intelligence. The PMI escalated to 61, marking an increase from August’s 60.1. However, despite this growth, job generation saw a moderate pace.

 

Q9.What has SBI introduced to drive financial inclusion?

  1. Mobile Banking App 
  2.  Mobile Handheld Device 
  3. Mobile Payment System 
  4. Mobile ATM

Ans:-2)Mobile Handheld Device

  • In a pioneering move towards enhancing banking accessibility and convenience, the State Bank of India (SBI) has introduced the ‘Mobile Handheld Device’ for its Financial Inclusion (FI) customers. This forward-thinking initiative, inaugurated by SBI’s Chairman, Shri Dinesh Khara, aims to bolster financial inclusion efforts and expand essential banking services to a wider audience.
  • The introduction of the Mobile Handheld Device is poised to revolutionize banking accessibility by bringing kiosk banking directly to customers’ doorsteps. This technology offers greater flexibility to Customer Service Point (CSP) agents, enabling them to serve customers no matter their location.

 

Q10.What has RBI formed an external working group on?

  1. Monetary Policy 
  2. Expected Credit Loss Framework 
  3. Banking Regulations 
  4. Digital Payments

Ans:-2)Expected Credit Loss Framework

  • The Reserve Bank of India (RBI) has undertaken a noteworthy measure by establishing an external working group (WG) to examine the expected credit loss (ECL) framework pertaining to loan loss provisioning. This endeavor seeks to gain impartial perspectives on the complexities surrounding this significant transition in the banking sector.
  • Heading the WG is R. Narayanaswamy, a former Professor at IIM Bangalore. The group comprises eight experts, including representatives from six banks, and one member each from KPMG and the Indian School of Business, Hyderabad.

Current Affairs For 6th October 2023

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 Hello curious minds, We strive to bring you the latest news and events from around the world as they unfold. Our team of dedicated researchers and editors continuously monitor reliable sources to ensure you receive timely updates.

 

Q1.Where was the PATA Travel Mart 2023 inaugurated by the Ministry of Tourism?

  1. Mumbai
  2. New Delhi
  3. Kolkata
  4. Bangalore

Ans:-2)New Delhi

  • The Ministry of Tourism, India, took the spotlight as it hosted the opening ceremony for the Pacific Asia Travel Association (PATA) Travel Mart 2023 in the vibrant city of New Delhi.
  • The 46th edition of this esteemed event is being held at the magnificent International Exhibition-cum-Convention Centre (IECC) within Pragati Maidan, New Delhi. Spanning from October 4th to 6th, 2023, this event serves as a global congregation of tourism professionals and business stakeholders. Significantly, this physical edition marks the return of the Travel Mart after a three-year hiatus due to the pandemic.

 

Q2.Which government body has recently notified the establishment of the National Turmeric Board?

  1. Ministry of Agriculture and Farmers Welfare
  2. Ministry of Commerce and Industry
  3. Ministry of Food Processing Industries
  4. Ministry of Health and Family Welfare

Ans:-2)Ministry of Commerce and Industry

  • The Indian government has officially established the National Turmeric Board, with a primary objective of advancing the turmeric industry and its products within the country. The board will facilitate the establishment of processing units and support export endeavors. It will also emphasize on research and development, promote the creation of value-added turmeric products in line with traditional practices, and prioritize quality and food safety in accordance with established standards.

 

Q3.What is the outlook for the Eurozone economy in the third quarter?

  1. Expansion
  2. Stagnation
  3. Contraction
  4. Stability

Ans:-3)Contraction

  • Recent indicators and surveys strongly suggest that the eurozone economy likely contracted in the third quarter of this year. September witnessed a substantial decline in demand, marking the swiftest pace of decrease in almost three years.
  • Although the final Composite Purchasing Managers’ Index (PMI) showed a slight increase to 47.2 in September, compared to August’s 46.7, it remained below the crucial 50-mark. This indicates a fourth consecutive month of economic contraction. While it slightly exceeded a preliminary estimate of 47.1, it still underscores significant economic challenges.

 

Q4.What event recently occurred in Sikkim causing significant damage?

  1.  Earthquake
  2. Glacial Lake Burst
  3. Landslide
  4. Cyclone

Ans:-2)Glacial Lake Burst

  • On October 4, Sikkim witnessed a tragic event as flash floods wreaked havoc, claiming the lives of at least seven individuals, with many others either injured or missing. These calamitous floods were set in motion by the unexpected overflow of a glacial lake, formed from the gradual melting of a Himalayan glacier. Consequently, the Teesta river basin was submerged.
  • The floods originated from the abrupt overflow of the South Lhonak lake, situated at an elevation of about 5,200 meters above sea level. This catastrophic incident resulted in the devastation of the Chungthang dam, a vital component of Sikkim’s largest hydroelectric project, and inflicted extensive damage on highways, villages, and towns.

 

Q5.Who inaugurated the 4th EMRS National Cultural & Literary Fest and Kala Utsav-2023?

  1. Arjun Munda
  2. Kala Utsav
  3. EMRS National Cultural & Literary Fest
  4. None of the above

Ans:-1)Arjun Munda

  • On the 3rd of October, 2023, Shri Arjun Munda, the Union Minister for Tribal Affairs, inaugurated the 4th Eklavya Model Residential Schools (EMRS) National Cultural & Literary Fest as well as Kala Utsav-2023 in the picturesque city of Dehradun. The Chief Minister of Uttarakhand, Shri Pushkar Singh Dhami, graced the event with his presence, which took place at the Maharana Pratap Sports College. This festival offers a national platform for tribal students to exhibit their hidden talents in various fields.

 

Q6.Where is the two-day literature festival scheduled to be held?

  1. Mumbai
  2. Kolkata
  3. Bengaluru
  4. New Delhi

Ans:-3)Bengaluru

  • The Neev Literature Festival 2023 is set to occur on October 7th and 8th at the Neev Academy in Yemalur, Bengaluru. The theme for this year’s event is ‘What constitutes childhood without stories?’.
    Following the pandemic, children’s experiences have witnessed substantial changes. They now contend with matters like artificial intelligence, globalization, mental health concerns, evolving values, and a myriad of other influences. As a result, the festival aims to acknowledge and engage with these transformations.

 

Q7.From which organization did the Indian Air Force (IAF) receive its first LCA Trainer?

  1. DRDO
  2. HAL
  3. ISRO
  4. ADA

Ans:-2)HAL

  • Hindustan Aeronautics Limited (HAL), a government-owned aircraft manufacturer, has recently supplied the initial trainer variant of the Light Combat Aircraft (LCA) Tejas to the Indian Air Force (IAF). This trainer aircraft is included in a prior order for 40 Mk-1 jets. Among these 40 aircraft, the IAF has already integrated 32 single-seater jets and formed two LCA squadrons. The remaining eight aircraft are designated as trainers. HAL has pledged to provide an additional seven twin-seater aircraft to the IAF by March 2024.

 

Q8.When did India’s diesel exports to Europe reach their peak?

  1. September 2022
  2. September 2023
  3. August 2023
  4. October 2023

Ans:-2)September 2023

  • In September of 2023, India experienced a notable upswing in its diesel exports to Europe, attaining the peak levels for the year. This surge was influenced by a confluence of factors, as indicated by data from energy cargo tracker Vortexa.
  • During September, India’s diesel exports to Europe surged to around 333,000 barrels per day (bpd), signifying a substantial surge of nearly 47 percent from the preceding month. This surge was particularly striking when compared to the same month in the prior year, boasting a remarkable year-on-year increase of 57 percent, as reported by Vortexa’s data.

 

Q9.What is UNCTAD’s revised growth estimate for India in 2023?

  1. 6.6%
  2. 5.0% 
  3. 7.2% 
  4. 8.5%

Ans:-1)6.6%

  • According to the most recent trade and development report from the UN Conference on Trade and Development (UNCTAD), India’s economic growth forecast for 2023 has been revised upward to 6.6%, up from the previous projection of 6%.
  • Nonetheless, the report also foresees a slight dip in India’s growth to 6.2% in 2024. Additionally, the UNCTAD underscores apprehensions regarding the global economic prospects, with an anticipated slowdown to 2.4% in 2023, followed by a modest recovery to 2.5% in 2024.

 

Q10.What is the interest rate maintained by the government for the General Provident Fund (GPF) for the 15th consecutive quarter?

  1. 6.5%
  2. 7.1%
  3. 7.5%
  4. 8.0%

Ans:-2)7.1%

  • The government has recently declared its decision to maintain the interest rate on General Provident Fund (GPF) savings at 7.1% for the October-December quarter. This unaltered rate marks the 15th consecutive quarter, signifying a consistent approach in safeguarding the retirement savings of government employees.
  • The Finance Ministry has formally confirmed the continuation of the 7.1% interest rate. This rate is also applicable to other provident funds serving government employees, including those in vital sectors like Railways and the Armed Forces.

Current Affairs For 5th October 2023

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Hello Readers…. Our aim is to provide you with a balanced view of events, enabling you to form your own opinions based on reliable and accurate information.

 

Q1.Which airline is set to launch a thrice-weekly direct flight service to Mumbai?

  1. Ethiopian Airlines
  2. Kenya Airways
  3. Uganda Airlines
  4. RwandAir

Ans:-3)Uganda Airlines

  • On October 3, Uganda Airlines achieved a noteworthy milestone by launching direct flight operations between Mumbai’s Chhatrapati Shivaji Maharaj International Airport and Uganda’s Entebbe International Airport. This event is of immense historical significance, as it reestablishes a non-stop air connection between India and Uganda after over 50 years. The inaugural flight for this route, UR 430, is set to depart from Entebbe on October 7, with the return flight, UR 431, taking off from Mumbai on October 8.

 

Q2.Where will the tallest statue of B.R. Ambedkar be unveiled on October 14?

  1. North America
  2. Europe
  3. Asia
  4. Australia

Ans:-1)North America

  • On October 14, the ‘Statue of Equality,’ representing B.R. Ambedkar, the chief architect of the Indian Constitution, will be unveiled in Maryland. This memorial stands as a powerful symbol of the timeless values of equality and human rights that Dr. B.R. Ambedkar tirelessly championed throughout his life.
  • Soaring to a height of 19 feet, the ‘Statue of Equality’ stands as a testament to the lasting influence of Dr. B.R. Ambedkar’s contributions. This monumental sculpture is poised to become the largest statue of Babasaheb located outside of India.

 

Q3.In which meeting did India participate by attending the 5th Meeting of Moscow Format?

  1. G7 Summit
  2. Moscow Format Meeting
  3. BRICS Summit
  4. UN General Assembly Meeting

Ans:-2)Moscow Format Meeting

  • During the fifth meeting of the Moscow Format Consultation on Afghanistan, which took place in the Russian city of Kazan, diplomats from different nations gathered for a crucial diplomatic assembly. The central agenda of this high-level conference was to deliberate on the evolving situation in Afghanistan, with a particular emphasis on regional security and the incorporation of Afghanistan into economic processes within the border regions.

 

Q4.What has recently received the GI (Geographical Indication) tag in Jammu and Kashmir?

  1. Saffron
  2. Pashmina Craft
  3. Apple Orchards
  4. Walnut Woodcraft

Ans:-2)Pashmina Craft

  • The ancient craft of Basohli Pashmina, originating from the scenic district of Kathua in Jammu and Kashmir, has recently been granted the prestigious Geographical Indication (GI) tag. This craft is celebrated for its extraordinary softness, fine texture, and almost weightless feel. Artisans, adept in traditional hand-spinning methods, have been creating this exquisite fabric, embodying luxury and sophistication for well over a century. What sets it apart is its remarkable capacity to offer warmth without the need for added bulk, making it a perfect option for cold climates and discerning fashion aficionados.

 

Q5.Who flagged off the CRPF Women Bike Expedition ‘Yashasvini’ from Srinagar in Jammu and Kashmir?

  1. Prime Minister of India
  2. Chief Minister of Jammu and Kashmir
  3. Lieutenant Governor of Jammu and Kashmir
  4. Union Home Minister of India

Ans:-3)Lieutenant Governor of Jammu and Kashmir

  • The Central Reserve Police Force (CRPF) initiated an expedition rally called ‘Yashasvini’ featuring an all-female biker team. The rally, a tribute to women’s empowerment, commenced from the renowned Ghanta Ghar near the city center of Lal Chowk in Srinagar.
    This cross-country bike rally, exclusively led by women, signifies much more than a typical road trip. It stands as a testament to the power of determination and strength. Spanning an impressive distance of 2134 kilometers, the rally will journey through 40 districts, encompassing 15 states and Union Territories.

 

Q6.According to Air Chief Marshal VR Chaudhari, when is the Indian Air Force planning to discontinue flying the MiG-21?

  1. 2022
  2. 2023
  3. 2024
  4. 2025

Ans:-4)2025

  • As part of its continuous modernization drive to replace aging Russian-origin aircraft, the Indian Air Force (IAF) has revealed its intention to phase out the legendary MiG-21 fighter jets, opting instead for the indigenous Light Combat Aircraft (LCA) Mark 1A.
  • The Air Chief Marshal affirmed that the operational life of the MiG-21 fighter aircraft will conclude by 2025, with the LCA Mark 1A selected as its successor. The MiG-21 has served as a cornerstone of the Indian Air Force for more than six decades.

 

Q7.What is the name of the annual joint military exercise conducted by India and Bangladesh?

  1. SAMVARTI
  2. SAMARPAN
  3. SAMPRITI
  4. SAMRIDDHI

Ans:-3)SAMPRITI

  • India and Bangladesh have launched the 11th installment of their annual joint military exercise, SAMPRITI, in Umroi, Meghalaya. The exercise, SAMPRITI-XI, encompasses the involvement of 170 personnel from the Bangladesh contingent, led by Brigadier General Mohammed Mafizul Islam Rashed, Commander of the 52 Bangladesh Infantry Brigade.
  • Since its inception in Jorhat, Assam, in 2009, SAMPRITI has successfully conducted ten editions until 2022. SAMPRITI-XI, which extends over a period of 14 days, engages approximately 350 personnel from both sides. It underscores the importance of augmenting interoperability, sharing tactical drills, and promoting best practices.

 

Q8.What is the estimated worth of the Indian Air Force’s ambitious weapon procurement plan?

  1. Rs 1 Lakh Crore
  2. Rs 2 Lakh Crore
  3. Rs 3 Lakh Crore
  4. Rs 4 Lakh Crore

Ans:-3)Rs 3 Lakh Crore

  • Air Chief Marshal VR Chaudhari has revealed that the Indian Air Force (IAF) is planning to acquire a variety of weapon systems, encompassing aircraft, helicopters, and missiles. This procurement is estimated to cost between Rs 2.5 lakh crore to Rs 3 lakh crore within the next six to seven years.
  • A significant portion of this equipment will be procured from the Indian industry, aligning with the government’s ‘Atmanirbhar Bharat’ (self-reliant India) initiative. The IAF is directing investments towards force multipliers, which include AI-based decision tools, electronic warfare equipment, resilient networks, as well as space and cyber capabilities.

 

Q9.What is the key economic indicator that experienced a 5-month low in September in India?

  1. GDP Growth Rate
  2. Manufacturing PMI
  3. Inflation Rate
  4. Export Volume

Ans:-2)Manufacturing PMI

  • In September, India’s manufacturing sector experienced a notable deceleration, hitting a five-month low, according to the seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI). This index declined from 58.6 in August to 57.5, indicating a slowdown in activity.
  • A significant contributor to this deceleration was a decrease in new orders in September compared to the previous month. While input cost inflation reached its lowest point in over three years, firms raised their output charges at a pace higher than the long-run average.

 

Q10.What is the World Bank’s projected GDP growth rate for India in the fiscal year 2023-24?

  1. 5.8%
  2. 6.0%
  3. 6.3%
  4. 6.5%

Ans:-3)6.3%

  • India’s economy continues to exhibit strength despite notable external challenges, leading the World Bank to retain its growth projection for the fiscal year 2023-24 at 6.3%. This reaffirms India’s impressive resilience in a challenging global landscape.
  • The robustness of India’s economy is supported by several crucial factors such as robust domestic demand, substantial investments in public infrastructure, and an increasingly robust financial sector. Noteworthy is the surge in bank credit growth, which stood at 15.8% in the initial quarter of FY23/24, signaling a healthy financial landscape.

Current Affairs For 4th October 2023

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Q1.Which organization published the ‘India Ageing Report 2023’?

  1. NITI Aayog
  2.  NSO
  3. UNFPA
  4.  World Bank

Ans:-3)UNFPA

  • The ‘India Ageing Report 2023’ was recently unveiled by the International Institute for Population Sciences in collaboration with the United Nations Population Fund. According to the report, it is projected that the elderly population in India could comprise more than 20% of the total population by the year 2050. The estimated decadal growth rate of the elderly population in India stands at 41%.

 

Q2.In which state is Kongthong, recipient of the ‘Best Tourism Village (Bronze) Award 2023’, situated?

  1. Assam
  2. Meghalaya
  3. Arunachal Pradesh
  4. Manipur

Ans:-2)Meghalaya

  • Located in the East Khasi Hills of Meghalaya, Kongthong recently secured the ‘Best Tourism Village (Bronze) Award 2023’ at the National Tourism Awards. These prestigious accolades were presented by the Union Tourism Ministry. Meghalaya actively promotes the Homestay Scheme, offering subsidies of up to 7 lakh rupees per homestay. In the previous year, approximately 300 homestays received approval.

 

Q3.In 2023, which nation served as the host for the ‘Annual IAEA General Conference’?

  1. India
  2.  Austria
  3.  Paris
  4. Rome

Ans:-2)Austria

  • The Annual IAEA General Conference took place in Vienna, where India unveiled its aspiration to generate 22 GW of power through nuclear energy as part of its Net Zero goals. Chairman of the Atomic Energy Commission, Ajit Kumar Mohanty, discussed India’s ambitious plans to escalate nuclear power generation in a meeting with the Director General of IAEA.

 

Q4.Which Ministry of the Union Government authored the report titled ‘Smart Cities Mission, India: Localising SDGs’?

  1. Ministry of Finance
  2. Ministry of Housing and Urban Affairs
  3. Ministry of MSME
  4. Ministry of Commerce and Industry

Ans:-2)Ministry of Housing and Urban Affairs

  • The report ‘Smart Cities Mission, India: Localising Sustainable Development Goals’ was jointly prepared by the Union Ministry of Housing and Urban Affairs and UN-Habitat. According to the report, approximately 70 percent of projects under the Smart Cities Mission (SCM) are in alignment with the Sustainable Development Goals (SDGs) related to cities, clean water and sanitation, clean energy, and economic growth.

 

Q5.After Arunachal Pradesh, which northeastern state became the second to implement the e-cabinet system?

  1. Assam
  2. Tripura
  3. Meghalaya
  4. West Bengal

Ans:-2)Tripura

  • Chief Minister Manik Saha of Tripura inaugurated the e-cabinet system at the state secretariat, a move aimed at advancing digital infrastructure within the state. This development makes Tripura the fourth state in India, and the second in the Northeast, following Uttarakhand, Uttar Pradesh, and Arunachal Pradesh, to implement an e-cabinet system.

 

Q6.Which actor was recently honored with the ‘Dadasaheb Phalke Lifetime Achievement Award’?

  1. Waheeda Rehman
  2. Madhubala
  3. Sridevi
  4. Shabana Azmi

Ans:-1)Waheeda Rehman

  • Waheeda Rehman, the esteemed Bollywood actress, was honored with the Dadasaheb Phalke Award for the year 2021. This prestigious award is bestowed for an “outstanding contribution to the growth and development of Indian cinema.” The accolade was presented by the Directorate of Film Festivals, under the Union Ministry of Information and Broadcasting. The award is traditionally presented at the National Film Awards ceremony. However, the 2021 awards were presented in the following year due to the postponement caused by the Covid-19 pandemic.

 

Q7.Who was the initial Asian male to receive a nomination for the International Tennis Hall of Fame?

  1. Leander Paes
  2. Mahesh Bhupathi
  3. Rohan Bopanna
  4. Yuki Bhambri

Ans:-1)Leander Paes

  • Leander Paes, a multiple Grand Slam champion, has made history by becoming the first Asian man to be nominated in the player category for the International Tennis Hall of Fame. The 50-year-old Paes is among the six nominees announced for the Class of 2024. He will be in contention with Cara Black, Ana Ivanovic, Carlos Moya, Daniel Nestor, and Flavia Pennetta in the Player Category. Back in 2019, Li Na, the Chinese player, was the first Asian player to receive a nomination for the ITHF.

 

Q8.Which entity has been chosen by PFRDA as the eleventh fund manager for overseeing retirement savings within NPS?

  1. Bandhan Pension Fund Managers
  2. DSP Pension Fund Managers
  3. Aditya Birla Sun Life Pension Fund
  4. Axis Pension Fund

Ans:-1)Bandhan Pension Fund Managers

  • The Pension Fund Regulatory and Development Authority (PFRDA) has chosen DSP Pension Fund Managers as the 11th fund manager authorized to oversee retirement savings within the National Pension System (NPS).
    PFRDA aims to leverage regional rural banks (RRBs) to extend its services to citizens all over the nation.

 

Q9. Which state is linked with the ‘Mukhyamantri Gramin Awas NYAY Yojana’?

  1. Punjab
  2. New Delhi
  3. Chhattisgarh
  4. Madhya Pradesh

Ans:-3)Chhattisgarh

  • The Chhattisgarh government has announced its intention to offer housing to more than 47,000 underprivileged individuals residing in rural areas as a part of the first phase of the Mukhyamantri Gramin Awas NYAY Yojana. This move comes after the state government was unable to fulfill its funding requirement for the Pradhan Mantri Awas Yojana in 2021.

 

Q10.Which organization has generated over ₹1000 crore through social bonds?

  1. NHB
  2. NABARD
  3. RBI
  4. SIDBI

Ans:-2)NABARD

  • NABARD issued its inaugural rupee-denominated AAA rated social bonds, amounting to ₹1040.50 crore. These bonds, privately issued to eligible institutional investors, will be listed on the Bombay Stock Exchange (BSE) on September 29, 2023. Each bond holds a face value of ₹1 lakh. The base issue size is ₹1,000 crore, with a provision to retain oversubscription up to ₹2000 crore.

Current Affairs For 3rd October 2023

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Q1.Which country has launched Southeast Asia’s first high-speed railway named ‘Whoosh’?

  1. Malaysia
  2. Thailand
  3. Indonesia
  4. Singapore

Ans:-3)Indonesia

  • Indonesian President Joko Widodo formally inaugurated Southeast Asia’s inaugural high-speed railway on Monday, signifying a significant leap forward in the nation’s infrastructure development.
  • The ambitious venture, known as the “Whoosh” high-speed railway, constitutes a pivotal element of China’s Belt and Road Initiative. It is poised to substantially shorten travel durations between two pivotal Indonesian cities: Jakarta and Bandung.
  • The term “Whoosh,” which in the Indonesian language translates to ‘Waktu Hemat, Operasi Optimal, Sistem Handal,’ embodies the values of time-saving, optimal operation, and a dependable system. This nomenclature underscores the project’s commitment to efficiency and trustworthiness.

 

Q2.What is the current inflation rate in Pakistan as per the statement?

  1.  3.14%
  2. 13.14%
  3. 31.4%
  4. 314%

Ans:-1)3.14%

  • In September, Pakistan experienced a drastic surge in its inflation rate, reaching a staggering 31.4% year-on-year. This sharp increase, primarily attributed to soaring fuel and energy costs, comes after a peak of 27.4% in August, underscoring the significant economic challenges the country is grappling with.
  • To combat this inflationary trend, Pakistan implemented an unprecedented interest rate hike to 22%. Although the country’s currency, the rupee, hit record lows in August, it rebounded in September, emerging as the best-performing currency due to stringent measures against unregulated foreign exchange trading.
  • The Ministry of Finance foresees inflation remaining elevated, ranging from 29% to 31% in the upcoming months. Despite this, the government recently reduced prices of petrol and diesel following successive hikes, attributing the adjustment to international petroleum prices and an improved exchange rate.

 

Q3.Who emerged victorious in the Maldives Presidential Election according to the statement?

  1.  Mohamed Muizzu
  2. Pro-China Leader
  3. Unspecified Candidate
  4. The statement does not provide enough information to answer

Ans:-2)Pro-China Leader

  • Following a runoff vote, Mohamed Muizzu, the candidate from the Progressive Party of Maldives (PPM), emerged victorious in the presidential elections. This win was necessary as the initial round of polling failed to yield a definitive outcome.
  • Muizzu garnered over 53 percent of the vote in the runoff, surpassing the incumbent president, Ibrahim Solih. President Ibrahim Solih graciously accepted the result and extended his congratulations to Muizzu on his victory.
  • Currently serving as the mayor of the capital city, Male, Muizzu is a highly educated leader with a doctorate in civil engineering from the University of Leeds in the United Kingdom. He previously held the position of Minister of Housing in former President Abdulla Yameen’s cabinet

 

Q4.What is the subject of the Bihar Census mentioned in the statement?

  1.  Economic Trends in Bihar
  2. Demographic Insights in Bihar
  3. Education Levels in Bihar
  4. Healthcare Infrastructure in Bihar

Ans:-2)Demographic Insights in Bihar

  • The Bihar government has recently disclosed the outcomes of its caste survey, offering insights into the demographic makeup of the state. This survey furnishes significant data concerning the distribution of various castes in Bihar.
  • Outlined below are the major revelations from the Bihar caste survey: The Extremely Backward Class (EBC) constitutes 36.01% of the population. The Other Backward Class (OBC) comprises 27.13% of the population. The Scheduled Caste (SC) population stands at 19.65%. The Scheduled Tribe (ST) population is at 1.68%. The General Caste population accounts for 15.52%. Yadavs represent 14% of the population. Hindus make up 82% of the population, while Muslims account for 17.71%.

 

Q5.Where was the new Khadi India outlet inaugurated by KVIC?

  1. IIT Bombay
  2. IIT Delhi
  3. IIT Madras
  4. IIT Kanpur

Ans:-2) IIT Delhi

  • In a proactive move to bridge the gap between generations and rekindle interest in the timeless fabric, the Khadi and Village Industries Commission (KVIC) inaugurated a modernized Khadi India outlet at the esteemed Indian Institute of Technology (IIT) Campus in Delhi on October 2.
  • Acknowledging the importance of aligning with contemporary fashion tastes, a new line of Khadi clothing has been curated. This range is tailored to captivate younger audiences, featuring vibrant hues and modern designs.
  • Under the supervision of the Centre of Excellence for Khadi (CoEK) team, Khadi Institutions have standardized the production of nine distinct styles of Khadi garments. The introduction of this outlet at IIT stands as a pioneering step, heralding a fresh narrative surrounding Khadi fashion.

 

Q6.How many ISRO scientists were honored by the Tamil Nadu government, and what is the announced award amount?

  1. 5 scientists, ₹2.25 lakh
  2. 7 scientists, ₹2.25 crore
  3. 10 scientists, ₹2.25 crore
  4. 9 scientists, ₹2.25 crore

Ans:-4)9 scientists, ₹2.25 crore

  • Tamil Nadu Chief Minister MK Stalin recently honored nine distinguished space scientists from the state, including prominent figures such as K Sivan and Mylswamy Annadurai, for their exceptional contributions to India’s space program.
  • During a special event held in Chennai on October 2, 2023, Chief Minister Stalin announced cash awards of Rs. 25 lakh for each of the scientists. Additionally, plans were revealed for a scholarship program aimed at promoting scientific innovation among postgraduate engineering students.
  • CM Stalin made two significant announcements during the ceremony. Firstly, a cash award of Rs. 25 lakh would be presented to each of the nine scientists as a token of appreciation for their dedication and hard work. Secondly, the government would establish a scholarship program in the name of the renowned scientist, benefitting nine postgraduate engineering students. A corpus of Rs. 10 crore would be earmarked for this initiative, covering all expenses, including tuition and hostel fees.

 

Q7.Where did the Master Training Of Football For Schools (F4S) commence?

  1. Cuttack, Odisha
  2. Bhubaneswar, Odisha
  3. Sambalpur, Odisha
  4. Puri, Odisha

Ans:-3)Sambalpur, Odisha

  • On October 2, 2023, a two-day master training program aimed at enhancing the capacity of the F4S program was initiated in Sambalpur, Odisha. This event brought together 95 Physical Education Teachers/Trainees from various States/UTs, Kendriya Vidyalaya Sangathan (KVS), Navodaya Vidyalaya Samiti (NVS), and AIFF.
  • The main objective of this training was to equip these educators with the skills and knowledge necessary to promote football as an essential component of physical education. Football for Schools (F4S) is an ambitious initiative led by the Fédération Internationale de Football Association (FIFA). F4S aspires to transform physical education in Indian schools.
  • Fundamentally, F4S endeavors to empower around 700 million children by incorporating football into their educational experience. This endeavor acknowledges the potential of sports, particularly football, in nurturing comprehensive development. It underscores inclusivity for both boys and girls, working in collaboration with pertinent authorities and stakeholders to integrate football seamlessly into the educational framework.

 

Q8.What will the Indian Navy reveal at Swavlamban 2.0?

  1. Weaponized Boat Swarms
  2. Underwater Vessels
  3. Both A and B
  4. None of the above

Ans:-3)Both A and B

  • The Indian Navy is gearing up to host the second edition of the Naval Innovation and Indigenization Seminar, known as Swavlamban, which is slated to occur on October 4th and 5th in the lively city of New Delhi.
  • During this event, the Indian Navy is poised to introduce two groundbreaking platforms: the Autonomous Weaponized Boat Swarms and the Autonomous Underwater Vessel (AUV).
  • In a significant partnership, the Indian Navy has collaborated with Sagar Defence Engineering Pvt. Ltd for the development of these autonomous systems. By implementing an integrated autonomous system, the primary aim is to cater to India’s maritime security requirements by undertaking a range of naval and security missions.

 

Q9.What is the Indian Air Force preparing to induct?

  1. Astra BVR Air-To-Air Missile
  2. BrahMos Cruise Missile
  3. Agni Ballistic Missile
  4. Prithvi Short-Range Missile

Ans:-1)Astra BVR Air-To-Air Missile

  • The Indian Air Force (IAF) is taking substantial measures to enhance its air defense capabilities by introducing the indigenous Astra Beyond Visual Range (BVR) Air-to-Air Missiles. Contracts have been established with Bharat Dynamics Limited (BDL) for the procurement of these advanced missiles, marking a pivotal stride towards reducing reliance on imports and fortifying national security.
  • The inaugural batch of Astra-MK1 missiles, engineered by the Defence Research and Development Laboratory (DRDL) and Research Centre Imarat (RCI) along with other DRDO laboratories, is scheduled for induction by the end of 2023. BDL has already obtained Bulk Production Clearance for Astra-MK1 missiles, marking a significant achievement in indigenous missile manufacturing.

 

Q10.What was the growth rate of India’s GST revenue in September?

  1. 10.2%
  2. 102%
  3. 20.2%
  4. 2.1%

Ans:-1)10.2%

  • In September 2023, India observed a noteworthy deceleration in its Gross Goods and Services Tax (GST) revenues, marking the slowest growth rate in 27 months. The growth rate diminished to 10.2% compared to the previous month’s approximately 10.8%. While this decline is significant, it was accompanied by intriguing variations in GST collections among different states.
  • The components of GST comprised ₹29,818 crore in Central GST (CGST) collections, ₹37,657 crore in State GST (SGST), and ₹83,623 crore in Integrated GST (IGST). Additionally, there were GST compensation cess inflows of ₹11,613 crore, which included ₹881 crore collected from the import of goods. It is plausible that pending dues from businesses, particularly since the commencement of GST in 2017-18, may have contributed to the upswing in revenues for September.

Current Affairs For 2nd October 2023

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We understand the importance of a global outlook. Our Current Affairs Digest covers news from different regions of the world, allowing you to gain a broader understanding of international affairs and their interconnectedness.

 

Q1. Who has been awarded the 2023 SASTRA Ramanujan Prize?

  1. Ruixiang Zhang
  2.  Srinivasa Ramanujan
  3.  Shaoming Guo
  4.  Xiumin Du

Ans:-1)Ruixiang Zhang

Ruixiang Zhang, an Assistant Professor at the University of California, Berkeley, USA, has been selected as the recipient of the prestigious 2023 SASTRA Ramanujan Prize.

 

Q2.Who currently holds the position of Managing Director and CEO at Canara Bank?

  1. K. Satyanarayana Raju
  2.  Raghuram Rajan
  3.  Shaktikanta Das
  4.  Urjit Patel

Ans:-1)K. Satyanarayana Raju

K. Satyanarayana Raju is the Managing Director and CEO of Canara Bank.

 

Q3.Which Eurozone nation saw the most significant decline in inflation in September 2023?

  1. Germany
  2.  The Netherlands
  3. France
  4.  Italy

Ans:-2)The Netherlands

The Netherlands saw a decrease in consumer prices by 0.3 percent in September 2023, the largest drop in inflation among Eurozone countries.

 

Q4.Who serves as the President of the European Central Bank (ECB)?

  1.  Christine Lagarde
  2.  Mario Draghi
  3. Gita Gopinath
  4.  Benoit Coeure

Ans:-1)Christine Lagarde

Christine Lagarde has been President of the ECB since 2019

 

Q5.What was the growth percentage of India’s core sector in August of 2023?

  1. 4.2%
  2. 8.4%
  3. 10.0%
  4. 12.1%

Ans:-4)12.1%

India’s core sector growth in August 2023 was 12.1%, a 14-month high.

 

Q6.Which entity has recently approved reforms in capital management, unlocking a substantial fund of $100 billion over the coming decade?

  1. Asian Development Bank (ADB)
  2. World Bank
  3. International Monetary Fund (IMF)
  4. United Nations Development Programme (UNDP)

Ans:-1)Asian Development Bank (ADB)

The Asian Development Bank (ADB) has recently endorsed capital management reforms, unleashing a substantial $100 billion fund over the next ten years.

 

Q7.Who is responsible for releasing the Index of Industrial Production (IIP) data in India?

  1. Ministry of Commerce and Industry
  2. Reserve Bank of India (RBI)
  3. National Statistical Office of India (NSO)
  4. All of the above

Ans:-3)National Statistical Office of India (NSO)

The National Statistical Office of India (NSO) releases the Index of Industrial Production (IIP) data in India.

 

Q8.Which entities will work together to execute the initiative supported by the G20 Pandemic Fund?

  1. WHO and UNICEF
  2. Asian Development Bank, World Bank, and FAO
  3. Red Cross and Greenpeace
  4. UNESCO and UNDP

Ans:-2)Asian Development Bank, World Bank, and FAO

The initiative will be implemented by collaborating organizations including the Asian Development Bank, World Bank, and FAO.

 

Q9.Who currently holds the position of President at the Asian Development Bank (ADB)?

  1. Masatsugu Asakawa
  2. David Malpass
  3. Kristalina Georgieva
  4. Achim Steiner

Ans:-1)Masatsugu Asakawa

Masatsugu Asakawa is the President of the Asian Development Bank (ADB).

 

Q10.Which nations constitute the BRICS economic alliance?

  1. Brazil, Russia, India, Canada, Australia
  2. Belgium, Romania, Iran, China, South Africa
  3. Brazil, Russia, India, China, South Africa
  4. Britain, Russia, Italy, China, Sweden

Ans:-3)Brazil, Russia, India, China, South Africa

The BRICS economic alliance consists of Brazil, Russia, India, China, and South Africa.

 

Current Affairs For 1st October 2023

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Q1. Who recently took the oath of Office and Secrecy as Member of UPSC?

  1. Dr. Dinesh Dasa
  2. Dr. Rajesh Sharma
  3. Dr. Anjali Kapoor
  4. Dr. Manish Yadav

Ans:-1)Dr. Dinesh Dasa

  • Dr. Dinesh Dasa has been sworn in as a Member of the Union Public Service Commission (UPSC). This significant appointment underscores Dr. Dasa’s extensive experience and expertise in various fields, which will undoubtedly contribute to the commission’s work in recruiting for the country’s top administrative positions.
  • Dr. Dasa’s oath-taking ceremony was conducted in the presence of UPSC Chairman, Pradeep Kumar Joshi, and other senior officials. His vast knowledge and dedication to public service make him a valuable addition to the UPSC team. The appointment is poised to further strengthen the commission’s role in selecting highly capable individuals for key positions in the government.

 

Q2.Who has been named as the Chairman of the Advertising Standards Council of India (ASCI)?

  1. Dinesh Dasa
  2.  Rajendra Kumar
  3.  Mangal Jit Rai
  4. Saugata Gupta

Ans:-4)Saugata Gupta

  • Saugata Gupta, the Managing Director and Chief Executive Officer of Marico Ltd, has assumed the role of the Chairman of the Advertising Standards Council of India (ASCI) following a board meeting of the self-regulatory body. Gupta brings years of experience to this position, having served for two years on the Board of Governors and an additional four years as a special invitee. Partha Sinha, President of Response at Bennett Coleman & Company Limited, has been elected as the Vice Chairman, and Sudhanshu Vats, Deputy Managing Director of Pidilite Industries Ltd, will serve as the Honorary Treasurer.

 

Q3.Who has been elected as the Chairman of Press Trust of India (PTI) Board?

  1. Saugata Gupta
  2. Partha Sinha
  3. K.N. Shanth Kumar
  4. Sudhanshu Vats

Ans:-3)K.N. Shanth Kumar

  • In a significant development in Indian journalism, K.N. Shanth Kumar, an experienced media professional, has been elected as the Chairman of the Board of Directors for the Press Trust of India (PTI) for a one-year term.
  • This announcement follows the Annual General Meeting of PTI’s Board of Directors, which took place at the news agency’s headquarters in New Delhi. Mr. Shanth Kumar’s election marks a transition in PTI’s leadership as he succeeds Aveek Sarkar, who served as Chairman for two consecutive terms. This change in leadership is expected to bring fresh perspectives and ideas to the helm of India’s largest and oldest private news agency.

 

Q4.Which sport does Rohan Bopanna and Rutuja Bhosale represent in the Asian Games?

  1.  Tennis
  2.  Badminton
  3.  Athletics
  4.  Swimming

Ans:-1)Tennis

  • Rohan Bopanna and Rutuja Bhosale secured the gold in mixed doubles with a remarkable 2-6, 6-3, 10-4 victory over Chinese Taipei’s Yu-hsiou Hsu and Hao-ching Chan. This victory marked India’s second medal in tennis at the continental event, following Ramkumar Ramanathan and Saketh Myneni’s silver in men’s doubles.
  • In a display of exceptional skill, Bhosale elevated her performance just in time, while the experienced Bopanna maintained his composure with powerful serves. This enabled India to bounce back from a set down and clinch the title against Chinese Taipei’s Tsung-hao Huang and En-shuo Liang.
  • It’s worth noting that India’s achievement of two medals in tennis is the country’s lowest tally at the Asian Games since the beginning of the 21st century.

 

Q5.Which of the following statements is true regarding India’s core sector growth in August?

  1. It recorded the lowest growth in 14 months.
  2. It experienced a decline compared to the previous month.
  3. It showed robust growth, reaching its highest point in 14 months.
  4. The growth was steady, without any significant changes.

Ans:-3) It showed robust growth, reaching its highest point in 14 months.

  • In a noteworthy economic development, India’s core sector experienced substantial growth in August, hitting a 14-month peak of 12.1%. This impressive upturn in core sector performance can be attributed to various pivotal factors, with the favorable base effect being the primary driver.

 

Q6.What is the status of India’s fiscal deficit as of August?

  1. It has exceeded the fiscal year target.
  2. It is exactly on track with the fiscal year target.
  3. It is at 36% of the fiscal year target.
  4. The statement does not provide enough information to answer.

Ans:-3)It is at 36% of the fiscal year target.

  • As of the end of August in the financial year 2023-24, data from the Controller General of Accounts (CGA) reveals that India’s fiscal deficit for the initial five months has reached 36% of the annual target. The fiscal deficit signifies the disparity between government expenditure and revenue, pointing to the government’s borrowing requirements. In concrete figures, the fiscal deficit stood at Rs 6.42 lakh crore.

 

Q7.What action has the government taken regarding the windfall tax on crude petroleum?

  1. The government has decreased the windfall tax.
  2. The government has increased the windfall tax.
  3. The government has abolished the windfall tax.
  4. The statement does not provide enough information to answer.

Ans:-2)The government has increased the windfall tax.

  • The Indian government has recently unveiled substantial revisions to its tax policies pertaining to the petroleum sector. These alterations encompass an upswing in the special additional excise duty (SAED) imposed on domestically extracted crude petroleum, alongside decreases in levies on diesel and Aviation Turbine Fuel (ATF).

 

Q8.What recent action has Delhi Chief Minister Arvind Kejriwal taken to address air pollution?

  1. He has announced a 15-Point Summer Action Plan.
  2. He has launched a campaign to promote tourism in Delhi.
  3. He has unveiled a 15-Point Winter Action Plan to combat air pollution.
  4. The statement does not provide enough information to answer.

Ans:-3) He has unveiled a 15-Point Winter Action Plan to combat air pollution.

  • In anticipation of the festive season, Delhi’s Chief Minister, Arvind Kejriwal, has introduced an extensive 15-point plan for winter to combat air pollution in the national capital. This move is a direct response to the urgent requirement for improved air quality in Delhi, a city that has witnessed some positive changes in air quality parameters, including decreased levels of PM 2.5 and PM 10.

 

Q9.Who has been awarded the 2023 SASTRA Ramanujan Prize in Mathematics?

  1. SASTRA Ramanujan
  2. Ruixiang Zhang
  3. Ramanujan Zhang
  4. SASTRA Mathematics

Ans:-1)SASTRA Ramanujan

  • Ruixiang Zhang, a distinguished mathematician and Assistant Professor at the University of California, Berkeley, USA, has been honored with the esteemed 2023 SASTRA Ramanujan Prize for his outstanding contributions to the field of mathematics.
    This accolade, accompanied by a monetary grant of $10,000, is scheduled to be conferred during an international conference in Number Theory, taking place in the hometown of the celebrated mathematician Srinivasa Ramanujan, at SASTRA University in Kumbakonam in the third week of December.

 

Q10.What is the current status of inflation in the Eurozone?

  1. It has reached a two-year low.
  2. It has reached a two-year high.
  3. It has remained stable for the past two years.
  4. The statement does not provide enough information to answer.

Ans:-1) It has reached a two-year low.

  • The Eurozone has witnessed a notable drop in inflation, reaching its lowest point in nearly two years. This development could offer some respite for the European Central Bank (ECB) and bring into question the continuation of its rate-hiking strategy.
  • Official data from Eurostat indicates that consumer prices in the 20-nation Eurozone experienced a year-on-year increase of 4.3 percent in September, down from 5.2 percent in August. This represents the lowest inflation rate since October 2021.
  • While analysts had expected a more modest decline in inflation, with a consensus forecast of 4.5 percent for September according to data firm FactSet, it’s crucial to highlight that inflation still remains significantly above the ECB’s target of two percent.

 

Current Affairs For 30th September 2023

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Stay informed, test your knowledge, and be a news guru! Take our current affairs quiz and stay ahead of the game with the latest happenings around the world. 

 

Q1.According to a CRISIL report, why has India’s power demand surged to a five-year high in September?

  1. Due to increased agricultural activities.
  2. Because of a decline in industrial and commercial activities.
  3. the revival of industrial and commercial activities after the second wave of COVID-19.
  4. None of the above

Ans:-3)the revival of industrial and commercial activities after the second wave of COVID-19.

  • In a recent report by CRISIL Market Intelligence and Advisory, India’s power demand for September 2023 reached a notable five-year pinnacle. The report provides valuable insights into the driving factors behind this surge and the challenges encountered by the power sector.
  • The power demand in India for September showed remarkable year-on-year growth, scaling up to 140-142 billion units (BUs), marking a high point not witnessed in the past five years. However, it is important to note that the demand in September dipped by approximately seven percent compared to the previous month. This decline can be attributed to the unusually dry conditions experienced in August, which stood out as one of the driest months in the last 122 years.
  • India recorded two consecutive months of all-time high peak power demand, registering 238 GW in August, followed by an even higher 240 GW in September. This surge in peak power demand underscores the imperative for dependable and efficient power generation and distribution.

 

Q2.In which year did Indians submit record-breaking visa applications for the US?

  1. 2022
  2. 2023
  3. 2021
  4. 2020

Ans:-2)2023

  • In 2023, the US Mission in India achieved a remarkable feat by processing over one million non-immigrant visa applications, surpassing its initial target. This significant milestone underscores the increasing eagerness of Indians to explore opportunities in the United States.
  • Indians have emerged as a prominent demographic in the realm of US visa applications, accounting for more than 10% of the total applicants globally. This surge in interest highlights the enduring appeal of the United States for Indian travelers.
  • Furthermore, Indian students have shown a strong preference for pursuing education in the United States, as they constitute 20% of all student visa applicants. In the professional sphere, Indians make up an impressive 65% of all H&L-category (employment) visa applicants. This reflects the robust economic ties and promising career prospects that the United States extends to Indian professionals.

 

Q3.What is the name of Taiwan’s first domestically built submarine?

  1. Haikun
  2. Shangyuan
  3. Longwei
  4. Zhanshen

Ans:-1)Haikun

  • Taiwan, an autonomous island in East Asia, has recently introduced its inaugural domestically-produced submarine, named the Haikun, as part of a strategic move to fortify its defenses against potential threats, particularly from China.
  • With an investment of $1.54 billion, the Haikun is a state-of-the-art diesel-electric powered submarine, signifying a noteworthy stride in Taiwan’s pursuit of augmenting its defense capabilities. Taiwan envisions a fleet of 10 submarines, which encompasses two older vessels procured from the Netherlands, all of which will be armed with advanced missile systems.
  • This expansion of the submarine fleet serves a dual purpose: deterring any conceivable efforts by China to encircle Taiwan for a potential invasion or to enforce a naval blockade. Additionally, it provides a safeguard until the arrival of reinforcements from U.S. and Japanese forces to bolster Taiwan’s defense. The successful development of Taiwan’s submarine program has garnered support from various nations, including the United States and the United Kingdom.

 

Q4.Where was the country’s first cartography museum inaugurated?

  1. Delhi
  2. Mumbai
  3. Jaipur
  4. Mussorie

Ans:-4)Mussorie

  • The picturesque town of Mussoorie in Uttarakhand witnessed the inauguration of the George Everest Cartography Museum by Satpal Maharaj, the Minister of Tourism and Culture of Uttarakhand, on World Tourism Day. Located in Park Estate, the museum once served as the residence of the renowned surveyor Sir George Everest, after whom the world’s highest peak, Mount Everest, is named. This estate is nestled in the Hathipaon region of the hill town.
  • As a tribute to the brilliant mathematician Radhanath Sikdar, the minister also christened a helipad at the George Everest estate in his honor. Sikdar’s groundbreaking achievement included the initial calculation of Mount Everest’s height, marking a historic milestone in mountaineering and surveying within the Himalayas.

 

Q5.Which district currently houses Bihar’s first tiger reserve?

  1. Rohtas
  2. Gaya
  3. Valmiki
  4. Kaimur

Ans:-4)Kaimur

  • Bihar is gearing up to establish its second tiger reserve in the Kaimur district. With the increasing tiger population and dedicated initiatives by the State Forest Department, this new reserve is poised to strengthen tiger conservation endeavors and enhance the state’s ecological diversity.
  • The forthcoming tiger reserve in the Kaimur district will work in conjunction with the existing Valmiki Tiger Reserve (VTR) situated in the West Champaran district of Bihar. This move to establish a second tiger reserve reflects a forward-thinking stance in safeguarding and preserving these magnificent big cats and their natural habitat.

 

 

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