CWJ Special Current Affairs MCQ's May 2023 PDF Index

CWJ Special Current Affairs MCQ’s PDF – May 2023
CWJ Special Current Affairs MCQ’s May 2023 PDF Index
Topics Page. N o
CWJ Special Current Affairs MCQ’s May 1 s t Week 2
CWJ Special Current Affairs MCQ’s May 2 nd Week 97
CWJ Special Current Affairs MCQ’s May 3 r d Week 195
CWJ Special Current Affairs MCQ’s May 4 th Week 304
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May 1 s t week Current Affairs MCQ

1. The Union Housing and Urban Affai rs (e) HDFC securities
Ministry has decided to extend the deadline Answer: C
for the Smart Cities Mission till _________ . Capital markets regulator SEBI has slapped a
(a) December 2023 fine of Rs 10 lakh on brokerage firm Angel
(b) June 2024 Broking Ltd. for alleged violation of regulatory
(c) December 2024 norms. Angel Broking (now known as Angel
(d) June 2025 One Ltd.) is a SEBI-registered stock and
(e) December 2025 commodity broker. The firm is listed on both
Answer: B the bourses--BSE and NSE. The order came
The Union Housing and Urban Affairs Ministry after SEBI along with the stock exchanges
has decided to extend the d eadline for the and the depositories conducted a
Smart Cities Mission till June 2024, following comprehensive joint inspection of the
requests from some cities that sought more functioning of Angel Broking Ltd.
time to complete their ongoing projects. The
existing deadline of the Mission was June 3. Whichcountry and India will explore the
2023. possibility of accepting RuPay and Mir cards
The extension is being granted not only to in both country for hassle-free payments?
complete projects but to complete (a) UK
documentation, dissemination, (b) Russia
institutionalisation of all best practices, (c) USA
templates, innovations created under the (d) France
Mission so that they can be taken up for (e) Belgium
replication across the country. Answer: B
India and Russia have agreed to explore the
2. Capital markets regulator SEBI has slapped possibility of accepting each other's payment
a fine of Rs 10 lakh for alleged violation of cards, RuPay (India) and Mir (Russia), for
regulatory norms on which of the following hassle-free payments between the two
brokerage firm? countries. During the latest meeting of the
(a) Zerodha Internal Governmental Commission on Trade,
(b) ICICI direct Economic, Scientific, Technological, and
(c) Angel Broking Cultural Cooperation (IRIGC-TEC), which was
(d) Sharekhan jointly chaired by External Affairs Minister of
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India S Jaishankar and Russia's Deputy Prime suggested that almost a quarter of jobs (23%
Minister Denis Manturov, the decision was to be precise) are expected to change in the
made. next five years through growth of 10.2% and
Mutual acceptance of RuPay and Mir cards decline of 12.3%. According to the estimates
will facilitate transactions in Indian rupees and of the 803 companies surveyed for the report,
Russian rubles, making it easier for citizens of employers anticipate 69 million new jobs to be
both countries to carry out cross-border created and 83 million eliminated among the
payments. In addition, the meeting also 673 million jobs corresponding to the dataset,
explored the possibility of interaction between a net decrease of 14 million jobs, or 2% of
India's Unified Payments Interface (UPI) and current employment. The World Economic
Russia's Faster Payments System (FPS). Forum's report said India will see a 22% churn
as compared to global average of 23%.
4. Consider the following statement regarding The Future of Jobs Report maps the jobs and
Future of Jobs Report 2023 . Which of the skills of the future, tracking the pace of
following statements is correc t? change. This is the fourth edition of the report,
(i) The Future of Jobs Report 2023 explores which was first launched in 2016. It aims to
how jobs and skills will evolve over the next analyse how macrotrends as well as
five years. technology adoption are likely to reconfigure
(ii) The Future of Jobs Report 2023 is the fifth labour markets and shape the demand for
edition of the report, which was first launched jobs and skills in the 2023-2027 timeframe.
in 2016.
(iii) The Future of Jobs Report 2023 says India 5. Which of the following Fintech firm has
will see a 22% churn as compared to global completed the acquisition of a 51% stake in
average of 23%. non-banking financial company Trillion Loans?
(a) Only (i) (a) Razorpay
(b) Only (i) and (iii) (b) Wealthzi
(c) Only (ii) (c) Policybazaar
(d) Only (iii) (d) BharatPe
(e) All (i), (ii) and (iii) (e) PhonePe
Answer: B Answer: D
The Future of Jobs Report 2023 explores how India’s leading name in fintech, BharatPe
jobs and skills will evolve over the next five Group, announced that it has completed its
years. The Future of Jobs Report 2023 acquisition of a majority stake in Trillion
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Loans, a Mumbai-based NBFC (Non-Banking (a) Nepal

Financial Company). (b) Bhutan
As per the company, the deal was completed (c) Malaysia
in the month of April this year. BharatPe also (d) Sri Lanka
revealed that Ravindra Pandey, Nalin Negi (e)Maldives
and Sabyasachi Senapati have been Answer: D
appointed to the Board of Trillion Loans. Dialog Axiata and Bharti Airtel announced
plans to merge their operations in Sri Lanka,
6. Public enterprises selection board (PESB) creating the nation's largest telecom operator.
has recommended Shantanu Roy for the post Dialog Axiata is Sri Lanka's largest mobile
of CMD of BEML Limited. In which year, network operator with 17.4 million subscribers,
BEML Limited was established? accounting for 57% of the country's mobile
(a) 1957 market. Airtel Lanka, one of the fastest-
(b) 1958 growing telecom service providers, has over 5
(c) 1960 million customers and operates in 25
(d) 1962 administrative districts. It has a distribution
(e) 1964 network of over 50,000 retailers with 4G and
Answer: E 2G services present across major towns in Sri
Public enterprises selection board (PESB) has Lanka.
recommended Shantanu Roy for the post of
Chairman and Managing Director (CMD) of 8. SatwiksairajRankireddy and Chirag Shetty
BEML Limited, a Miniratna Public Sector scripted history by becoming the first doubles
Undertaking (PSU) under the Ministry of pair to win a Gold medal at the Badminton
Defence (MoD). Asia Championships. Where was the
Presently, he is serving as Director (Mining & Badminton Asia Championships held?
Construction Business) in BEML Limited. (a) Sharjah
BEML Limited was established on 11th May (b) Dubai
1964. (c) Abu Dhabi
(d) Ajman
(e) Fujairah
7. Dialog Axiata and Bharti Airtel announced Answer: B
plans to merge their operations in which of the SatwiksairajRankireddy and Chirag Shetty
following countries? scripted history by becoming the first doubles
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pair to win a Gold medal at the Badminton Sintered Products. In 1986, he was
Asia Championships. The World No. 6 pair transferred to the parent company to take over
defeated the 8th-ranked pairing of One Yew as the Company Secretary and Head Legal
Sin and Teo Ee Yi of Malaysia in a stunning 3- (amongst other positions).
game battle at Sheikh Rashid Bin Hamdan
Indoor Hall, Al Nasr Club, Dubai, UAE. 10. Ajit Kumar Mohanty has been appointed
Satwik and Chirag won India its only second as the Chairman of the Atomic Energy
gold medal at the Badminton Asia Commission and Secretary of the Department
Championships after Dinesh Khanna's men's of Atomic Energy. The Indian Atomic Energy
singles Gold medal in 1965. Atomic Energy Commission was established
in which year?
9. Arun Nanda, a key member of Mahindra (a) 1947
group, announced hie retirement. He was the (b) 1948
chairman of which of the following (c) 1950
companies? (d) 1952
(a) Mahindra Lifespace Developers (e) 1955
(b) Mahindra Holidays & Resorts Answer: B
(c) Mahindra Tractors The Indian Atomic Energy Commission was
(d) Mahindra Systech set up on 3 August 1948. The government has
(e) Tech Mahindra appointed Odia physicist and director of the
Answer: B Bhabha Atomic Research Centre (BARC), Dr
After a long innings of 50 years, Mr. Nanda, Ajit Kumar Mohanty, as the chairman of the
Chairman of Mahindra Holidays & Resorts Atomic Energy Commission and secretary of
India Ltd (MHRIL) notified the Board that he the Department of Atomic Energy.
will not seek reappointment, consistent with The Department of Atomic Energy comes
the age limit for non-executive roles, thereby, directly under the Prime Minister’s Office, and
he will retire at the upcoming AGM on July 25, since its inception in 1954, “has been engaged
2023. in the development of nuclear power
Mr. Nanda has had a long and illustrious technology, applications of radiation
career with the Mahindra Group. He joined technologies in the fields of agriculture,
Mahindra as a young accountant in Calcutta in medicine, industry and basic research,”.
1973. In 1976, he moved to Pune to take over
as CFO and Company Secretary of Mahindra
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11. In April 2023, Qantas appointed Vanessa Indian shooters Mairaj Ahmad Khan and
Hudson as its first female CEO. Qantas GanematSekhon bagged a gold medal in the
Airways Limited is basedon which of the skeet mixed team event at the ISSF Shotgun
following countries? World Cup 2023 in Cairo, Egypt.The duo beat
(a) Austria Luis Raul Gallardo Oliveros and Gabriela
(b) Australia Rodriguez of Mexico 6-0 in the final to top the
(c) USA podium.
(d) France
(e) Belgium 13. Which edition of the International Apparel
Answer: B & Textile Fair (IATF) has returned to Dubai in
Australian airline Qantas Group said 2023?
Tuesday, May 2,2023 Chief Financial Officer (a) 13th edition
Vanessa Hudson will become its next chief (b) 14th edition
executive and managing director, replacing (c) 15th edition
Alan Joyce in November. Ms. Hudson has (d) 17th edition
been with the airline in various roles for 28 (e) 19th edition
years. Answer: C
Joyce was appointed Qantas CEO in 2008 The International Apparel & Textile Fair (IATF)
and agreed in 2020 to remain at the helm has returned to Dubai in 2023, for its 15th
through the disruption of the COVID-19 edition. The fair is known as the premier
pandemic. platform for sourcing apparels, fashion fabrics,
prints, clothing accessories, home textiles,
12. Mairaj Ahmad Khan and GanematSekhon footwear and more in the UAE. This year's
win Gold for India in ISSF Shotgun World Cup. event will showcase the Spring Summer
Where was the ISSF Shotgun World Cup Collections & Autumn Winter Highlights of
held? 2023-2024. With over 200 exhibitors from 22
(a) Finland countries, IATF aims to expand with each
(b) Egypt exhibitor becoming a major influence in UAE's
(c) South Africa Fashion scene.
(d) France
(e) Brazil 14. Which of the following countries High
Answer: B Commission in India has announced its
Government Grant for a Project in Kargil?
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(a) Singapore inaugural edition of the ASEAN-India Maritime

(b) Australia Exercise.
(c) Sri Lanka The harbour phase of the exercise is
(d) Germany scheduled to be held at the Changi Naval
(e) Malaysia Base from May 2 to 4, while the sea phase will
Answer: B be conducted from May 7 to 8 in the South
For the first time in the history of Ladakh the China Sea.
Australian High Commission in India has The South China Sea has been witnessing
announced its Government Grant for a Project major military assertiveness by China in the
in Kargil. This was announced during a last few years.
Special Meeting at Srinagar chaired by the The ASEAN-India Maritime Exercise (AIME-
Australian high commissioner to India, Barry 2023) will provide an opportunity to the Indian
O'Farrell. Navy and ASEAN navies to work closely with
The project "Return to Roots" aims to integrate each other and conduct seamless operations
traditional knowledge with the current school in the maritime domain.
science curriculum in alignment with the goals
of the National Education Policy which 16. Which payment bank has collaborated
includes increasing scientific engagement with the National Payments C orporation of
among school children of the tribal India (NPCI) to roll out Face Authentication for
background. AePS (Aadhaar-enabled Payment System) at
its 500,000 banking points?
15. Where was the inaugural edition of the (a) Paytm Payments Bank
ASEAN-India Maritime Exercise started in (b) Jio Payments Bank
May2023? (c) India Post Payments Bank
(a) Singapore (d) NSDL Payments Bank
(b) Australia (e) Airtel Payments Bank
(c) Thailand Answer: E
(d) Indonesia Airtel Payments Bank collaborated with the
(e) Malaysia National Payments Corporation of India
Answer: A (NPCI) to roll out Face Authentication for
Two frontline warships of the Indian Navy AePS (Aadhaar-enabled Payment System) at
arrived in Singapore to participate in the its 500,000 banking points. Airtel Payments
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Bank is amongst the first four banks to offer and the aviation sector has been expanding
Face Authentication for AePS in the country. too.
NPCI’s AePS allows customers to carry out It was during the Parliament's Consultative
financial and non-financial transactions at any Committee of the Ministry of Civil Aviation,
banking point using their Aadhaar number or which was presided over by Minister of Civil
virtual ID to access their Aadhaar-linked bank Aviation Jyotiraditya M. Scindia that this
account. Until now, transactions were being announcement was made. The subject under
authenticated using the customer’s Aadhaar consideration was Sustainable Aviation Fuel
number and fingerprint or Iris match in the (SAF).
UIDAI records. International Civil Aviation Organisation was
established in 1944.
17. Indian airline is set to join the sustainable
aviation bandwagon from 2027 by joining the 18. Defence Research & Development
Carbon Offsetting and Reduction Sche me for Organisation (DRDO) and Indian Navy
International Aviation and the Long -Term conducted the successful maiden test trial of
Aspirational Goals of the International Civil ‘ADC-150’ from IL 38SD aircraft. Where was
Aviation Organisation's. When was the the trial conducted?
International Civil Aviation Organisation (a) Off the coast of Karnataka
established? (b) Off the coast of Tamil Nadu
(a) 1934 (c) Off the coast of Goa
(b) 1940 (d) Off the coast of Kerala
(c) 1944 (e) Off the coast of Odisha
(d) 1948 Answer: C
(e) 1952 The Indian Navy and Defence Research &
Answer: C Development Organisation (DRDO) conducted
Indian airline is set to join the sustainable a successful maiden test trial of ‘ADC -150’
aviation bandwagon from 2027 by joining the from an IL 38SD aircraft off the coast of Goa
Carbon Offsetting and Reduction Scheme for on April 27, 2023. The ‘ADC-150’ is an
International Aviation (CORSIA) and the Long- indigenously designed and developed 'Air
Term Aspirational Goals (LTAG) of the Droppable Container' with a 150 kg payload
International Civil Aviation Organisation's capacity.
(ICAO). This step is crucial as aviation carbon The trial was conducted to enhance naval
emissions adds significantly to climate change operational logistics capabilities to meet the
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requirement of engineering stores for ships 20.International Labour Day is celebrated

(under distress), which are deployed more every year on 1 May. Which of the following
than 2,000 kms from the coast. statements regarding International Labour Day
is incorrect?
19. Which of the following has organised “Ekta (i) It is also known as May Day.
Evam Shradhanjali Abhiyan”? (ii) In 1889, the International congress of
(a) Central Industrial Security Force socialist parties met in Paris and decided to
(b) Border Security Force celebrate Labour Day or Worker's Day on May
(c) Central Public Works Department 1.
(d) Border Roads Organisation (iii) The first labour day was celebrated in
(e) Central Reserve Police Force India on May 1, 1923, in Bombay.
Answer: D (a) Only (i)
To commemorate the sacrifices and (b) Only (ii)
contribution of its Karmyogis in nation building, (c) Only (iii)
Border Roads Organisation (BRO) is (d) Only (ii) and (iii)
organising “Ekta Evam Shradhanjali Abhiyan”, (e) All (i), (ii) and (iii)
a multi modal expedition as a part of 64th Answer: C
BRO Day Celebrations. Lt. Gen. Rajeev International Labour Day is celebrated every
Chaudhry, Director General Border Roads year on 1 May to commemorate the struggles
flagged off the Motor cycle and car rally teams and sacrifices of the workers' and labours'
from Seema Sadak Bhawan, New Delhi on 01 movement. It is also known as May Day.
May 2023. In 1889, the International congress of socialist
Expedition team comprises of Motor Cycles parties met in Paris and decided to celebrate
and Motor cars which started from North East Labour Day or Worker's Day on May 1.
and Northern part of the country. The The first labour day was celebrated in India on
motorcycle leg of the expedition commenced May 1, 1923, in Chennai. The first May Day
on 14 Apr 2023, from Kibithu, Arunachal celebrations were organized by the Labour
Pradesh. Expedition members from 18 Kisan Party of Hindustan. The leader of the
Projects have collected Soil, Water and party, Comrade Singaravelar arranged two
Saplings from 108 remote border locations meetings to celebrate this occasion.
and the same will be planted at BRO Alma
Mater, BRO School and Centre, Pune. 21. Which of the following ministries has
signed an MoU with RITES Ltd for technical
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assistance for Solid Waste Management management and reuse, engineering design
(SWM) & UWM under Swachh Bharat and process of waste water treatment units.
Mission-Urban 2.0?
(a) Ministry of Panchayati Raj 22. The Department of Public Enterprises
(b) Ministry of Housing and Urban Affairs granted the status of Navratna to the Rail
(c) Ministry of Information and Broadcasting Vikas Nigam Limited (RVNL ). In which year,
(d) Ministry of Commerce Rail Vikas Nigam Limited was established?
(e) Ministry of Agriculture (a) 2000
Answer: B (b)2001
The introduction of Used Water Management (c) 2002
(UWM) as a newly funded compon ent for (d) 2003
towns with less than 1 lakh population, has led (e) 2005
to a paradigm shift in urban sanitation. Answer: D
Focusing on accelerating Solid Waste and The Department of Public Enterprises on 1
Used Water Management, the Ministry of May granted Navratna status to the Rail Vikas
Housing and Urban Affairs (MoHUA) signed a Nigam Limited (RVNL), the company said in
Memorandum of Understanding (MoU) wi th an exchange filing.
RITES Limited, in the presence of Mr. Manoj The company has been in news for emerging
Joshi, Secretary, MoHUA, Ms. Roopa Mishra, as the lowest bidder for the manufacture and
JS, MoHUA, Mr. R K Dayal, Executive maintenance of 200 lightweight Vande Bharat
Director-Urban Infra and Mr. Rahul Mithal, trains in a joint venture with Russian company
CMD, RITES, for technical assistance for Solid JSC Metrowagonmash-Mytischi (TMH).
Waste Management (SWM) & UWM under It was the vision of the then Hon’ble Prime
Swachh Bharat Mission-Urban 2.0. Minister, Bharat Ratna Late Shri Atal Bihari
The Technical Support Unit (TSU) of RITES Vajpayee, based on which RVNL was
will assist SBM-U for a period of 3 years. incorporated as PSU on 24.01.2003. The idea
Under SWM, the areas of engagement will be of the then Hon’ble Prime Minister was to
processing standardization and engineering bridge the infrastructure deficit on Indian
design of waste management facilities, like Railways and accordingly announced about
Material Recovery Facility, legacy waste etc. the National Rail Vikas Yojana on 15.08.2002
Under UWM, RITES will provide technical in his address from the Red Fort.
support for standards & specification in the
field of sewage and faecal sludge
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23. Maharashtra Day, commonly known as games at the World Chess Championship in
Maharashtra Diwas, is celebrated annually on Kazakhstan.
________ Ding's victory makes him the 17th w inner of
(a) May 1 the world chess tournament, while
(b) May 2 Nepomniachtchi, who had previously made a
(c) May 3 grand final, fell at the final hurdle for a second
(d) May 4 time.
(e) May 5
Answer: A 25. Anji-Khad rail bridge is located in which of
Maharashtra Day is celebrated on May 1st the following states/UTs?
every year in the Indian state of Maharashtra (a) Kerala
to commemorate the formation of the state of (b) Jammu and Kashmir
Maharashtra on May 1st, 1960. It is also (c) Maharashtra
known as Maharashtra Diwas. Maharashtra (d) Rajasthan
was formed as a result of the linguistic (e) Gujarat
reorganization of states in India. Answer: B
Anji Khad Bridge is the "first cable -stayed
24. Ding Liren became world chess champion bridge" of the country which will connect Katra
after a rapid-play tie-break victory over and Reasi in the state of Jammu and Kashmir
Russia’s Ian Nepomniachtchi in Kazakhstan. through Indian Railways. The bridge was built
Ding Liren belongs to which of the following as part of the national project “Udhampur-
countries? Srinagar-Baramulla Rail Link (USBRL)
(a) South Korea Project”.
(b) Russia The cable-stayed rail bridge has 96 cables
(c) Germany and the cable strands' total length is 653 km.
(d) France
(e) China 26. Which of the following statements
Answer: E regarding the World Press Freedom Index is
Ding Liren has become China's first men's incorrect?
world chess champion, after defeating (a) In World Press Freedom Index, India has
Russia's Ian Nepomniachtchi. Ding, 30, won a gone from “problematic” to “very bad”.
rapid-play tiebreaker after 14 first-stage (b) In World Press Freedom Index, India
slipped 11 ranks.
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(c) World Press Freedom Index is an analysis Red Bull driver Sergio Perez overcame his
released by Reporters Without Borders. teammate and defending Formula 1 champion
(d) World Press Freedom Index ranks 180 Max Verstappen to win the Azerbaijan Grand
countries. Prix in Baku. This was Perez’s second Grand
(e) All the above statements are correct. Prix win of the season.
Answer: E In fact, this was Perez’s seventh Grand Prix
Press freedom in India has gone from triumph of his career. The Mexican is now
“problematic” to “very bad”, with the country placed second in the driver’s standings for this
slipping 11 ranks in the World Press Freedom season. With this win, he became the first
Index, an analysis released by Reporters driver to win the event in Baku two times.
Without Borders, an organisation that Perez now has 87 points and sits six points
evaluates the environment for journalism behind Verstappen in first place.
across countries.
“The situation has gone from ‘problematic’ to 28.In May 2023, IRDAI has asked insurance
‘very bad’ in three other countries: Tajikistan companies to lay down social media
(down 1 at 153rd), India (down 11 at 161st) guidelines for their employees. Where is the
and Turkey (down 16 at 165th),” said the headquarters of IRDAI located?
report released on Wednesday, celebrated (a) Chennai
globally as World Press Freedom Day. (b) Hyderabad
The index ranks 180 countries. (c) Bengaluru
(d) Mumbai
27. Red Bull driver Sergio Perez held off (e) New Delhi
defending Formula 1 champion Max Answer: B
Verstappen to win the Azerbaijan Grand Prix IRDAI (Insurance Regulatory and
2023.Which of the following is the capital of Development Authority of India) has asked
Azerbaijan? insurance companies to l ay down social media
(a) Bishkek guidelines for their employees to ensure that
(b) Dushanbe no unverified or confidential information
(c) Baku related to the organisation, is disseminated to
(d) Ashgabat the public through these platforms.
(e) Tashkent An organisation's reputation is closely linked
Answer: C to the behaviour of its employees, the IRDAI
said, adding, "Social media should be used in
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a way that adds value to the organisation's been formalised, it is close to formalising a
business." deal to set up manufacturing units in India to
The Information and Cyber Security make Campa’s soft drinks.
Guidelines, issued by the IRDAI to all insurers,
have a specific section on 'Acceptable usage 30. The University Grants Commission (UGC)
of social media' — which states that the has launched a new portal named ‘CU -
employees should be refrained from Chayan’ for faculty appointments in central
disseminating any unverified and confidential varsities. In which year, University Grants
information on "any Blogs/Chat Commission (UGC) was established?
forums/Discussion forums/Messenger (a) 1944
sites/Social networking sites". (b) 1950
(c) 1954
29. Reliance Consumer Products (RCPL) has (d) 1956
entered into a strategic partnership with (e) 1962
Ceylon Beverage International. Ceylon Answer: D
Beverage International is promoted by former University Grants Commission is a statutory
cricketer____ body set up by the Department of Higher
(a) Kumar Sangakkara Education, Ministry of Education, Government
(b) Muttiah Muralitharan of India established in 1956.
(c) Mahela Jayawardene The University Grants Commission (UGC) has
(d) Lasith Malinga launched a new portal named ‘CU-Chayan’ for
(e) Marvan Atapattu faculty appointments in central varsities. The
Answer: B portal will offer a range of features including a
Reliance Consumer Products (RCPL) has consolidated listing of job openings across all
entered into a strategic partnership with participating universities.
Ceylon Beverage International, one of the Applicants will have a single login for applying
largest beverage can and filling companies in to any of the universities, and personalised
Sri Lanka promoted by former cricketer dashboards to help manage the application
Muthiah Muralitharan, to co -pack and process. The applicant can also search for
manufacture its Campa soft drinks cans. jobs using various filters like university name,
Ceylon Beverage International will co-pack location, designation, category, subject, type
cans for the Campa soft drinks portfolio in of employment, experience, education level,
India. While the co-packing partnership has among others.
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Reserve Bank of India (RBI) came out with

31. Defence Minister Rajnath Singh in May detailed norms for outsourcing of IT services
2023 handed over a fast patrol ship and by banks, Non bank financial Companies
landing craft assault ship at function to w hich (NBFCs) and regulated financial sector
of the following countries? entities to ensure that such arrangements do
(a) Nepal not undermine their responsibilities and
(b) Bhutan obligations to customers.
(c) Malaysia In its ‘Master Direction on Outsourcing of
(d) Sri Lanka Information Technology Services’, RBI stated
(e) Maldives that Regulated Entities (REs) have been
Answer: E extensively leveraging IT and IT-enabled
Defence Minister Rajnath Singh today handed Services (ITeS) to support their business
over a Fast Patrol Vessel and a Landing Craft models, products and services offered to their
Assault ship to the Maldives National Defence customers.
Forces (MNDF). The Fast Patrol Vessel, With a view to provide REs adequate time to
capable of coastal and offshore surveillance at comply with the requirements, the norms will
high speeds, was commissioned as MNDF come into effect from October 1, 2023.
Coast Guard ship Huravee. President of
Maldives Ibrahim Mohamed Solih and 33. Which of the following is the only bank to
Defence Minister Mariya Ahmed Didi were introduce the FASTag facility at the Mangaluru
present on the occasion. International Airport?
(a) SBI
32. Reserve Bank of India (RBI) came out with (b) Axis Bank
detailed norms for outsourcing of IT services (c) UCO Bank
by banks, NBFCs and regulated financial (d) HDFC Bank
sector entities. The norms will come into effect (e) ICICI Bank
from ____ Answer: E
(a) July 1, 2023 ICICI Bank, one of India's leading private
(b) September 1, 2023 sector banks, has introduced a new digital and
(c) October 1, 2023 contactless payment facility for parking at the
(d) April 1, 2024 Mangaluru International Airport.
(e) October 1, 2024
Answer: C
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ICICI Bank is the only bank to introduce the the funded and non-funded business for FY23
FASTag facility at the Mangaluru International and from FY24 they can decide the
Airport. percentage of business coverage they want
The parking facility at Mangaluru International audited.
Airport now features scanners that read the Earlier, the audit coverage of any PSB branch
FASTag, a radio-frequency identification was 90%.
(RFID) tag affixed to the windshield of a
vehicle, allowing for automatic entry and exit 35. Shivalik Small Finance Bank (SFB) has
recording of the vehicle's entry and exit time. partnered with grain commerce platform
Arya.ag to finance small farmers against
34. The Reserve Bank of India (RBI) has left it warehouse receipt. Where is the headquarters
to the banks to decide the percentage of their of the Shivalik Small Finance Bank located?
branch business they want to get audited from (a) Kerala
FY24. Earlier, the audit coverage of any PSB (b) Uttar Pradesh
branch was ______ (c) Maharashtra
(a) 80% (d) Rajasthan
(b) 85% (e) Gujarat
(c) 90% Answer: B
(d) 95% Shivalik Small Finance Bank (SFB) has
(e) 100% partnered with grain commerce platform
Answer: C Arya.ag to finance small farmers against
The Reserve Bank of India (RBI) has left it to warehouse receipt.
the banks to decide the percentage of their Under the Partnership, Shivalik SFB will focus
branch business they want to get audited from on small and underserved segments through
FY24. Auditors say this would severely impact the delivery of digitally focused, affordable
their ability to properly assess the situation products and differentiated customer
and highlight the risks. For the current experience.
financial year, the RBI has drastically reduced Shivalik Small Finance Bank headquarters is
the percentage of business of the branches located in Uttar Pradesh.
that can be audited.
A recent circular from the RBI declared that 36. State Bank of India (SBI) collaborates with
the statutory branch audit of the PSBs should a startup, Garuda Aerospace Pvt Ltd (GAPL)
be carried out to cover a minimum of 70% of with a view to making drone technology more
Page 15 of 424
accessible to the agricultural sector. Garuda established the Millets Experience Centre.
Aerospace Pvt Ltd headquarters is located in NAFED was established in which year?
which of the following states? (a) 1947
(a) Kerala (b) 1948
(b) Tamil Nadu (c) 1950
(c) Maharashtra (d) 1952
(d) Karnataka (e) 1958
(e) Gujarat Answer: E
Answer: B The first of its kind ‘Millets Experience Centre
State Bank of India (SBI) collaborates with a (MEC)’ has been launched by Agriculture
startup, Garuda Aerospace Pvt Ltd (GAPL) Minister Narendra Singh Tomar at Dilli Haat in
with a view to making drone technology more New Delhi. The National Agricultural
accessible to the agricultural sector while also Cooperative Marketing Federation of India Ltd.
increasing efficiency in the sector's use of the (NAFED), in collaboration with the Agriculture
technology. Ministry, has established the Millets
Garuda Aerospace is a human-centric brand Experience Centre.
that is focused on developing low-cost drone It aims to increase awareness about millet and
solutions to optimise industries through encourage its adoption among the general
accurate data. public.
The company uses impactful intelligence The United Nations General Assembly
drone solutions. declared the year 2023 the International Year
Having only started in 2015, garuda of Millets (IYM 2023), acting on India's
aerospace already made a significant mark on proposal, supported by 72 countries.
the drone industry. Garuda Aerospace is an NAFED was established in 1958. NAFED is
international standard-certified company for registered under the Multi State Co-operative
Aerospace Quality Management Systems. Societies Act. NAFED was setup with the
Garuda Aerospace Pvt Ltd headquarters is object to promote Co-operative marketing of
located in Tamil Nadu. agricultural produce to benefit the farmers.
37. National Agricultural Cooperative 38. Which of the following states has launched
Marketing Federation of India Ltd. (NAFED), in a Grand Challenge for Innovation to promote
collaboration with the Agriculture Ministry, has innovation in the food processing sector?
(a) Telangana
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(b) Tamil Nadu SAIL-Bokaro Steel Plant including SAIL’s

(c) Maharashtra Mines & Collieries, Central Coal Supply
(d) Karnataka Organization and the SAIL Refractory Unit in
(e) Gujarat Jharkhand.
Answer: A SAIL-BSL has taken this initiative of becoming
The Telangana Government has launched a the first PSU in the country to take initiative for
Grand Challenge for Innovation to promote setting up a dedicated 5G network with the
innovation in the food processing sector. help of TCIL which will pave way for
Telangana Agriculture Minister S Niranjan application of 5G/ IT / Telecom technologies in
launched the Challenge at the inaugural of the Steel manufacturing. The headquarters of
Food Conclave 2023. The Telangana Telecommunications Consultants India
government is organising a Food Conclave- Limited (TCIL) is located in New Delhi.
2023 here on April 29, 2023 focussing on the
opportunities in Green, White, Yellow, Blue, 40. RashtriyaIspat Nigam Ltd, bagged Steel
and Pink revolutions. Ministry’s "IspatRajbhasha Samman" First
Prize for the year 2021 -22. RashtriyaIspat
39. In May 2023, SAIL-Bokaro Steel Plant Nigam Ltd, also known as Vizag Steel, is a
(BSL) entered into an MoU w ith central public sector undertaking under the
Telecommunications Consultants India ownership of Ministry of Steel, is based in
Limited (TCIL). Where is the headquarters of ____
Telecommunications Consultan ts India (a) Chennai
Limited (TCIL) located? (b) Panaji
(a) Chennai (c) Kochi
(b) Hyderabad (d) Visakhapatnam
(c) Bengaluru (e) Mangalore
(d) Mumbai Answer: D
(e) New Delhi RINL bagged Steel Ministry’s "IspatRajbhasha
Answer: E Samman" First Prize for the year 2021 -22.
SAIL-Bokaro Steel Plant (BSL) has entered CMD, RINL Shri Atul Bhatt received this
into an MoU with Telecommunications prestigious award from the Minister of State
Consultants India Limited (TCIL) to explore for Steel and Rural Development Shri Faggan
potential of application of 5G/ IT/ Telecom and Singh Kulaste.
other wireless communication technologies in
Page 17 of 424
Shri Kulaste also released RINL's March issue Constitution of the Board: Th e PESB shall
of Hindi In-house Magazine "RashtriyaIspat consist of one part-time or full -time
Sugandh". Chairperson and three full-time Members. The
RashtriyaIspat Nigam Ltd, also known as Chair-person and Members shall be persons
Vizag Steel, is a central public sector who have had a long and distinguished career
undertaking under the ownership of Ministry of in management of public or private
Steel, Government of India based in corporations or public administration and have
Visakhapatnam, India. a proven record of achievements, preferably,
in the field of personnel, finance, production or
41. Public enterprises selection board (PESB) marketing.
has recommended Amarendu Prakash for the
post of Chairman, of Steel Authority of In dia 42. The 7th edition of joint military exercise
Ltd (SAIL). With respect to Constitution of the “AJEYA WARRIOR-23” between India and the
PESB, the PESB shall consist of ________ UK was conducted at Salisbury Plains, UK.
(a) One part-time or full-time Chairperson and Where was the 6 th edition held?
two full-time Members (a) Uttarakhand
(b) One part-time or full-time Chairperson, one (b) Kerala
Vice chairpersonand two full-time Members (c) Maharashtra
(c) One part-time or full-time Chairperson and (d) Rajasthan
three full-time Members (e) Gujarat
(d) One part-time or full-time Chairperson and Answer: A
four full-time Members The 7th edition of joint military exercise
(e) One part-time or full-time Chairperson and “AJEYA WARRIOR-23” between India and the
five full-time Members United Kingdom (UK) was co nducted at
Answer: C Salisbury Plains, United Kingdom from 27
The Public Enterprises Selection Board April to 11 May 2023. The aim of the exercise
(PESB) has recommended the name of P M is to build positive military relations, imbibe
Prasad for the post of chairman and managing each other’s best practices and promote the
director of Coal India Ltd. ability to operate together while undertaking
Prasad is currently the chairman cum company-level sub-conventional operations in
managing director of the Ranchi-based CIL urban and semi-urban environments under UN
arm - Central Coalfields Ltd (CCL). mandate.
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The 6th Edition of India - UK Joint Company (d) 2006

Level Military Training EXERCISE AJEYA (e) 2010
WARRIOR has commenced at Chaubatia, Answer: A
Uttarakhand and will culminate on 20 Oct Union Minister for MSME Shri Narayan Rane
2021. launched the revamped CGTMSE Scheme.
CGTMSE has been provided with an
43. World Tuna Day is observed every year on additional corpus support of ₹9,000 crore in
May 2. In which year, World Tuna Day was the Union Budget for FY 2023-24 to revamp
first observed? its Scheme to provide guarantee for additional
(a) 2012 ₹2 lakh crore to Micro & Small Enterprises.
(b) 2016 Credit Guarantee Fund Trust for Micro and
(c) 2017 Small Enterprises (CGTMSE) is jointly set up
(d) 2018 by Ministry of Micro, Small & Medium
(e) 2020 Enterprises (MSME) and Small Industries
Answer: B Development Bank of India (SIDBI) in 2000 to
World Tuna Day is observed every year on catalyse flow of institutional credit to Micro &
May 2. Small Enterprises (MSEs).
This day is established by the United Nations
(UN) General Assembly to raise awareness 45. Where was the second North Sea Summit
about the importance of Tuna Day. Tuna is a held in April 2023?
species of food and are economically very (a) Norway
important. (b) Russia
The United Nations General Assembly (c) Sweden
(UNGA) celebrated Tuna Day on May 2. (d) France
It was first observed in the year 2016. (e) Belgium
Answer: E
44. In April 2023, Union Minister for MSME The second North Sea Summit on 24 April, in
Shri Narayan Rane launched the revamped Ostend, Belgium, brought together nine north -
CGTMSE Scheme. In which year, CGTMSE west European countries and the European
Scheme was first launched? Commission with a clear target in mind:
(a) 2000 turning the North Sea into a major green
(b) 2002 energy powerhouse that will boost European
(c) 2004
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decarbonisation, energy security and industrial Index of Eight Core Industries increased by
competitiveness. 3.6% in March 2023 as against the Index of
March 2022.
46. India’s first resettlement colony is set to be The production of coal, fertilizers, steel,
built in Odisha. This colony will be set up natural gas, and refinery products increased in
in which of the following districts? March 2023 over March 2022. In March 2023,
(a) Bhadrak crude oil, power and cement output fell by
(b) Cuttack 2.8%, 1.8% and 0.8% respectively.
(c) Deogarh However, coal, fertilisers, steel, natural gas
(d) Kendrapada and refinery products output recorded growth
(e) Dhenkanal by 12.2%, 9.7%, 8.8%, 2.8% and 1.5%,
Answer: D respectively.
India’s first resettlement colony is set to be
built in Odisha. This colony will be set up in 48. The Green Organisation presented the
Satbhaya in Kendrapada district for the people Green World Award 2023 to Chennai Metro
displaced due to coastal erosion and climate Rail Limited (CMRL). The Green Organisation
change. is based in which of the following countries?
This is the first colony in the nation for the (a) Spain
resettlement of people impacted by climate (b) Germany
change. (c) UK
(d) Sweden
47. Index of Eight Core Industries increased (e) Norway
by 3.6% in March 2023 as against the Index of Answer: C
March 2022. Which one of the following is not The Green Organisation of the United
one of the eight core industries ? Kingdom presented the Green World Award
(a) Textile 2023 to Chennai Metro Rail Limited (CMRL).
(b) Crude oil The award has been presented in a ceremony
(c) Power held in Miami. The CMRL won Global Silver in
(d) Cement the carbon reduction category of the Green
(e) Natural gas World Awards 2023. The award has been
Answer: A given to CMRL for its initiatives to cut down
energy use and carbon emissions.
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49. Recently in May 2023, where was the 68th Managing Director (MD) & Chief Executive
Hyundai Filmfare Awards was held ? Officer (CEO) of Bank of Baroda (BoB).
(a) Uttarakhand He will assume the position of MD for a term
(b) Goa of 3 years, effective from July 1, 2023, or until
(c) Maharashtra further notice.
(d) Rajasthan He will succeed Sanjiv Chadha, the incumbent
(e) Gujarat MD and CEO of BoB, who is set to retire on
Answer: C June 30, 2023.
GangubaiKathiawadi and Badhaai Do were
among the big winners at the Filmfare Awards 51. NTPC Ltd. signed a Supplementary Joint
2023. The 68th Hyundai Filmfare Awards was Venture Agreement with Nuclear Power
held at Jio Convention Centre, BKC, Mumbai. Corporation of India Ltd for development of
GangubaiKathiawadi won 10 trophies Nuclear Power Projects. When was the
including some of the biggest awards. Nuclear Power Corporation of India Ltd
This 68th edition of the exciting Hyundai established?
Filmfare Awards is being organised with (a) 1953
Maharashtra Tourism. Alia Bhatt was (b) 1965
honoured with Best Actress Award for her (c) 1977
crime-drama film ‘GangubaiKathiawadi’. (d) 1987
(e) 1992
50. Debadatta Chand of Odisha has been Answer: D
appointed as MD and CEO of which of the NTPC Ltd. signed a Supplementary Joint
following banks? Venture Agreement with Nuclear Power
(a) SBI Corporation of India Ltd for development of
(b) Axis Bank Nuclear Power Projects.
(c) Bank of India Initially, the JV company shall develop two
(d) HDFC Bank Pressurized Heavy-Water Reactor (PHWR)
(e) Bank of Baroda projects, Chutka Madhya Pradesh Atomic
Answer: E Power Project 2x700 MW and Mahi Banswara
The Appointments Committee of the Cabinet Rajasthan Atomic Power Project 4x700 MW,
(ACC) headed by Prime Minister Shri which were identified as a part of fleet mode
Narendra Modi has approved the appointment nuclear projects.
of Debadatta Chand, a native of Odisha, as
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This Supplementary Joint Venture Agreement rate in the first two decades of the new
marks a pivotal step for NTPC Ltd. and NPCIL millennium.
to collaborate and cooperate in the field of
development of Nuclear Power projects which 53. The government has appointed Rajneesh
shall help the country in meeting its Clean Karnatak as managing director (MD) & Chief
Energy Commitments to achieve net zero Executive Officer (CEO) of the ______
emission target by 2070. (a) State Bank of India
The Nuclear Power Corporation of India Ltd (b) Bank of Maharashtra
was established in 1987. (c) Bank of Baroda
(d) Bank of India
52. 60th Foundation Day of Indian Institute of (e) UCO Bank
Foreign Trade was celebrated in May 2023. Answer: D
Where is the headquarters of Indian Institute The government has appointed Rajneesh
of Foreign Trade located? Karnatak as managing director (MD) & Chief
(a) Chennai Executive Officer (CEO) of the Ba nk of India
(b) Mumbai (BoI) for a term of 3 years.
(c) New Delhi He replaced Atanu Kumar Das, whose term
(d) Bengaluru came to an end in January 2023. Prior to this,
(e) Hyderabad he was the Executive Director at the Union
Answer: C Bank of India (UBI).
Indian Institute of Foreign Trade (IIFT), New
Delhi celebrated its Diamond Jubilee on its 54. Emirates airline has unveiled the world’s
60th Foundation Day. Since its establishment first robotic check-in assistant named Sara.
in 1963, IIFT has proactively seized all Emirates airline is based on which of the
available opportunities to emerge as an following places?
acknowledged centre of excellence in (a) Washington
international trade and business. During this (b) Frankford
period, it has diversified its role from being a (c) Dubai
think tank institution to a key repository of (d) Bangkok
knowledge in international trade, apart from (e) New York
being the premier business school in the Answer: C
country. The IIFT has grown at a phenomenal Dubai-based airline Emirates has unveiled the
world’s first robotic check-in assistant named
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Sara. The system is part of a new City Check - The California Department of Financial
in and Travel Store that is set to launch in Protection and Innovation announced that it
Dubai’s financial district. had taken possession of First Republic and
Sara will match customers’ faces with scanned the Federal Deposit Insurance Corporation
passports, check passengers in, and guide (FDIC) would act as its receiver. The rescue
them to the luggage drop area. The facility comes less than 2 months after Silicon Valley
allows customers to drop their luggage as Bank and Signature Bank failed amid a
early as 24 hours and up to 4 hours before deposit flight from U.S. lenders, forcing the
their flight, arriving at the airport at their Federal Reserve to step in with emergency
leisure. measures to stabilize markets.
55. United States (US) regulators stated that 56. World Press Freedom Day is observed
First Republic Bank has been seized and a every year on May 3. Which of the following
deal agreed to sell the bank to J PMorgan statements about World Press Freedom Day
Chase & Co, in what is the third major U.S. is correct?
institution to fail in 2 months. Where is the (i) The United Nations General
headquarters of JPMorgan Chase & Co Assembly(UNGA) has declared May 3 as
located? World Press Freedom Day.
(a) London (ii) The Theme of World Press Freedom Day
(b) Abu Dhabi 2023 is “Shaping a Future of Rights: Freedom
(c) Dubai of Expression as a driver for all other human
(d) Boston rights”.
(e) New York (iii) World Press Freedom Day was proclaimed
Answer: E by the UN General Assembly in December
United States (US) regulators stated that Fi rst 1993.
Republic Bank has been seized and a deal (a) Only (i)
agreed to sell the bank to JPMorgan Chase & (b) Only (i) and (iii)
Co, in what is the third major U.S. institution to (c) Only (ii)
fail in 2 months. The banking giant will take (d) Both (ii) and (iii)
$173 billion of loans and about $30 billion of (e) All (i), (ii) and (iii)
securities of First Republic Bank, including Answer: E
$92 billion of deposits. World Press Freedom Day is observed every
year on May 3. The United Nations General
Page 23 of 424
Assembly(UNGA) has declared May 3 as the region's vulnerability to climate change as

World Press Freedom Day. Pakistan was also hit by devastating floods
The Theme of World Press Freedom Day that killed more than 1,700 people, directly
2023 is “Shaping a Future of Rights: Freedom affected 33 million people, caused damages in
of Expression as a driver for all other human billions of dollars, and worsened an already
rights”. fragile economic situation.
This day is observed to raise awareness about
the freedom of the press and uphold the rights 58. National Health Account Estimates 2019 -
to the freedom of expression. On the 20 was released recently. According to the
recommendation of the twenty-sixth session of report, the share of Out-of-Pocket Expenditure
UNESCO’s General Conference, World Pre ss (OOPE) in total Health Expenditure (THE)
Freedom Day was proclaimed by the UN declined from 62.6% to ___________
General Assembly in December 1993. (a) 57.1%
(b) 47.1%
57. According to the Asian Development Bank (c) 50.1%
(ADB) Annual Report 2022, which country is (d) 40.1%
the largest recipient of the ADB -funded (e) 37.1%
programmes/projects? Answer: B
(a) India The National Health Account Estimates 2019 -
(b) Bhutan 20 have been released recently. There has
(c) Pakistan been a consistent increase in government
(d) Sri Lanka spending. The government spent 1.35% of the
(e) Malaysia country’s Gross Domestic Product (total value
Answer: C of the final goods and services in a year
According to the Asian Development Bank indicative of a country’s economy) on
(ADB) Annual Report 2022, Pakistan became healthcare during the year, bouncing back
the largest recipient of the ADB -funded from a slight drop seen in 2018-19 as per the
programmes/projects, receiving loans of USD report. Money spent by people from their own
5.58 billion out of total loans of USD 31.8 pocket on healthcare has been going down.
billion to 40 countri es. The share of Out-of-Pocket Expenditure
Pakistan is facing a deep economic crisis and (OOPE) in total Health Expenditure (THE)
it received concessional funding of USD 2.67 declined from 62.6% to 47.1%.
billion from the bank. The report highlighted
Page 24 of 424
59. Apart from 22 Indian languages and 29 It stands for Gram Sabha National Initiative for
dialects, Mann Ki Baat is broadcasted in how Rural India to Navigate, InnovAte and Resolve
many foreign languages? PanchaYat. The recordings made through this
(a) 5 app will provide a means of verification of
(b) 6 facts in case of queries that may arise
(c) 9 regarding the resolutions undertaken during
(d) 11 the Gram Sabha.
(e) 15
Answer: D 61. Jal Shakti Ministry launched PRAYA G, a
Mann Ki Baat was started on 3 October 2014. real-time monitoring centre for planning and
The program has become a major pillar of the monitoring of projects, river water quality, etc.
government's citizen-outreach programme, PRAYAG stands for _____
addressing multiple social groups such as (a) Program for Real-time Analysis of
women, youth and farmers. Yamuna, Ganga and their Tributaries
Apart from 22 Indian languages and 29 (b) Procedure for Real-time Analysis of
dialects, Mann Ki Baat is broadcast in 11 Yamuna, and Ganga
foreign languages including French, Chinese, (c) Platform for Real-time Analysis of Yamuna,
Indonesian, Tibetan, Burmese, Baloc hi, and Ganga
Arabic, Pashtu, Farsi, Dari and Swahili. (d) Program for Real-time Analysis of
Yamuna, and Ganga
60. The GS NIRNAY app was recently (e) Platform for Real-time Analysis of Yamuna,
launched by which of the following ministers? Ganga and their Tributaries
(a) Union Minister of Home Answer: E
(b) Union Minister of Rural Development & Jal Shakti Ministry launched PRAYAG, a real -
Panchayati Raj time monitoring centre for planning and
(c) Union Minister of External Affairs monitoring of projects, river water quality, etc.,
(d) Union Minister of Commerce during the 11th meeting of the Empowered
(e) Union Minister of Defense Task Force of the National Mission for Clean
Answer: B Ganga (NMCG)
The GS NIRNAY app was recently launched PRAYAG (Platform for Real-time Analysis of
by the Union Minister of Rural Development & Yamuna, Ganga and their Tributari es)
Panchayati Raj during the National Panchayat monitors various projects through various
Awards Week. online dashboards such as Ganga Tarang
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Portal, Ganga Districts Performance 63. Pension regulator Pension Fund

Monitoring System, etc. It is a Real-Time Regulatory and Development Authority
Monitoring Centre for planning and monitoring (PFRDA) has set up two committees for
projects, river water quality, etc. comprehensive review of NPS regulations. In
which year, Pension Fund Regulatory and
62. Misinformation Combat Alliance (MCA) Development Authority was established?
has approached the government to act as a (a) 2000
self-regulating body to flag fake news online in (b) 2004
line with the IT Rules, 2021. MCA is a network (c) 2003
of _____ digital publishers. (d) 2008
(a) 11 (e) 2009
(b) 12 Answer: C
(c) 14 Pension regulator PFRDA has set the ball
(d) 19 rolling on undertaking a comprehensive review
(e) 16 of NPS regulations as part of attempts to
Answer: C reduce its compliance burden and simplify
Misinformation Combat Alliance (MCA) has norms for various stakeholders.
approached the government to act as a self- It has now set up two committees for this
regulating body to flag fake news online in line comprehensive review, Deepak Mohanty,
with the IT Rules, 2021. Chairman, PFRDA. While one committee is an
This would be in line with an anti -fake news internal one, the other is an external panel
provision in the Information Technology headed by former IBBI Chairman M.S.
(Intermediary Guidelines and Digital Media Sahoo.PFRDA was established in 2003 based
Ethics Code) Rules, 2021 that has prompted on the recommendations of the Indian
fears of censorship in the news media industry government OASIS report.
and civil society. MCA is a network of 14
digital publishers. 64. India’s & Asia’s first mobile biosafety level-
It is a cross-industry collaborative effort set up 3 (BSL-3) laboratory was displayed at the
with the objective of combatting and limiting second Group of 20 (G20) Health Working
the spread of misinformation through targeted Group Meeting. Where was the second Group
interventions and activities. of 20 (G20) Health Working Group Meeting
held?
(a) Goa
Page 26 of 424
(b) Arunachal Pradesh energy. The meeting was jointly organized by

(c) Sikkim iCreate in collaboration with the Department of
(d) Himachal Pradesh Science and Technology, Government of
(e) Ladakh India, and the Office of the Principal Scientific
Answer: A Adviser to the Government of India.
India’s & Asia’s first mobile biosafety level -3 The Hydrogen Valley Innovation Cluster in
(BSL-3) laboratory was displayed at the Gujarat will be a part of India’s efforts to
second Group of 20 (G20) Health Working develop clean Hydrogen Valleys by 2030.
Group Meeting which began in Goa.
The lab, which has been named RAMBAAN 66. As per the World Economic Forum’s
(Rapid Action Mobile BSL3+ Advanced Future of Jobs Report 2023, around a q uarter
Augmented Network), is a mobile clinic, of jobs known will get wiped out by ___
country’s first state-of-the-art health (a) 2025
infrastructure for pandemic preparedness. (b) 2027
(c) 2035
65. In April 2023, Gujarat kicked-off the much- (d) 2040
anticipated Hydrogen Valley Project in the (e) 2045
state. The Hydrogen Valley Innovation Cluster Answer: B
in Gujarat will be a part of India’s efforts to The World Economic Forum (WEF) has
develop clean Hydrogen Valleys by ____ released the Future of Jobs Report 2023. In
(a) 2025 the report presents data related to jobs in the
(b) 2030 next five years worldwide. As per the report,
(c) 2035 around a quarter of jobs known will get wiped
(d) 2040 out by 2027.
(e) 2045 It shows that 69 million jobs will be created by
Answer: B 2027 while 83 million will be eliminated. 14
Through the first stakeholder’s consultation million jobs will get lost during this period. This
meeting, held in Ahmedabad on 21st April report is based on a survey conducted across
2023, Gujarat kicked-off the much-anticipated 45 countries on 803 companies.
Hydrogen Valley Project in the state with the
aim to develop a localized hydrogen valu e
chain where it serves more than one end 67. In may 2023, Apex exporters body
sector or application in mobility, industry, and Federation of Indian Export Organisations
Page 27 of 424
(FIEO) has signed an MoU with Business DRDO, has designed and developed the
Russia to promote trade and investments storage facility?
between the two countries. When was the (a) Defence Bioengineering and
Federation of Indian Export Organisations Electromedical Laboratory
established? (b) Centre for Fire, Explosive and Environment
(a) 1953 Safety
(b) 1965 (c) Advanced Centre for Energetic Materials
(c) 1977 (d) Armament Research & Development
(d) 1987 Establishment
(e) 1992 (e) Centre for Airborne Systems
Answer: B Answer: B
Apex exporters body FIEO has signed an The Defence Research and Development
MoU with Business Russia to promote trade Organisation (DR DO) has successfully
and investments between the two countries. It conducted a trial of design validation of a
said the two organizations will cooperate to state-of-the-art underground ammunition
arrange exhibitions, buyers-sellers’ meetings, storage facility.
workshops, seminars and encourage The Centre for Fire, Explosive and
enterprises to work in tandem with their Environment Safety (CFEES), a Delhi -based
counterparts for joint ventures. The laboratory of the DRDO, has designed and
Memorandum of Understanding (MoU) was developed the vertical shaft-based
inked during a visit of a 50-member delegation underground storage facility.
of the agro and food processing sector to The instrumented blast trial was carried out in
Moscow. presence of the armed forces by detonating
Federation of Indian Export Organisations, 5,000 kg of Trinitrotoluene (TNT) in one of the
popularly known as FIEO, was set up in 1965 chambers of the underground facility.
as an Apex Body of Export Promotion
Organisations in the country. 69. Which of the following IIT researchers
have developed a Machine Learning -based
68. The Defence Research and Development computational tool Named ‘GBMDriver’?
Organisation (DRDO) has successfully (a) IIT Delhi
conducted a trial of design validation of a (b) IIT Bombay
state-of-the-art underground ammunition (c) IIT Madras
storage facility. Which laboratory of the (d) IIT Kanpur
Page 28 of 424
(e) IIT Roorkee intelligence, their digital ministers agreed on

Answer: C Sunday, as European lawmakers hurry to
Indian Institute of Technology Madras (IIT introduce an AI Act to enforce rules on
Madras) researchers have developed a emerging tools such as ChatGPT.
Machine Learning-based computational tool But such regulation should also “preserve an
Named ‘GBMDriver’. (GlioBlastomaMutiforme open and enabling environment” for the
Drivers) for better detection of cancer-causing development of AI technologies and be based
tumours in the brain and spinal cord. on democratic values, G7 ministers said in a
Prof. M. Michael Gromiha of the IIT Madras joint statement issued at the end of a two-day
Department of Biotechnology functioned as meeting in Japan.
the project’s lead researcher. While the ministers recognised that “policy
The GBMDriver, a freely accessible web instruments to achieve the common vision and
server, was developed primarily to identify goal of trustworthy AI may vary across G7
driver mutations and passenger mutations members”, the agreement sets a landmark for
(neutral mutations) in Glioblastoma, a rapidly how major countries govern AI amid privacy
and aggressively proliferating tumour in the concerns and security risks.
brain and spinal cord, as well as other types of Russia and China are not members of G7.
Cancer. India is not a member in G7. 2023 G7 submit
will be held in Japan.
70. G7 nations agree on 'risk-based' artificial
intelligence regulation. Which of the following 71. Delhi-based green hydrogen a nd solar
statements about G7 is incorrect? developer, Uneecops Technologies Ltd, has
(i) Russia and China are not members of G7. announced that it will set up the First Green
(ii) 2023 G7 submit will be held in Japan. Hydrogen Microgrid Project in which of the
(iii) India is the member of G7. following places?
(a) Only (i) (a) Leh
(b) Only (i) and (ii) (b) Lakshadweep
(c) Only (iii) (c) Havelock Island
(d) Only (ii) and (iii) (d) North Middle Andaman
(e) All (i), (ii) and (iii) (e) Ladakh
Answer: C Answer: A
Group of Seven advanced nations should Delhi-based green hydrogen and solar
adopt “risk-based” regulation on artificial developer, Uneecops Technologies Ltd, has
Page 29 of 424
announced that it will set up the First Green understand and respond to users’ queries in
Hydrogen Microgrid Project in Leh Region for multiple languages.
one of India’s major hydro-power companies.
The company will help in the engineering, 73. Bengaluru (Karnataka)-based Log9
procurement, and construction (EPC) for Materials inaugurated India’s first commercial
setting up a green hydrogen-based fuel cell lithium-Ion (Li-ion) cell manufacturing facility
microgrid 25kWe for the guest house at Power on its campus in Karnataka. The facility will
Station, Alchi, Leh. produce batteries for ______
(a) Laptops
72. CoRover has collaborated with the Life (b) Street Lights
Insurance Corporation of India (LIC) to launch (c) Drones
the conversational Artificial Intelligence (AI)- (d) Electric vehicles
powered chatbot LIC Mitra. CoRover based in (e) None of the above
which of the following cities? Answer: D
(a) Chennai Bengaluru (Karnataka)-based Log9 Materials,
(b) Mumbai an advanced battery-technology and deep-
(c) New Delhi technology startup, inaugurated India’s first
(d) Bengaluru commercial lithium-Ion (Li-ion) cell
(e) Hyderabad manufacturing facility on its campus in Jakkur,
Answer: D Bengaluru, Karnataka.The facility will produce
CoRover, a Bengaluru-based startup, has batteries for electric vehicles.
collaborated with the Life Insurance Log9’s commercial Li-ion cell manufacturing
Corporation of India (LIC) to launch the line has an initial capacity of 50 Megawatt
conversational Artificial Intelligence (AI)- hours (MWh). Log9's commercial Li-ion cell
powered chatbot LIC Mitra and take the manufacturing line has an initial capacity of 50
country’s largest insurance company’s digital MWh and the facility will cater to lithium-
transformation to another level. titanium-oxide (LTO) and lithium iron
CoRover.ai has developed LIC Mitra, which is phosphate (LFP) cell manufacturing.
available on LIC’s website and mobile app.
It is powered by technologies such as Artificial 74. Amitabh Kant has written a new book titled
Intelligence (AI), Machine Learning (ML), and "Made In India: 75 Years of Business and
Natural Language Processing (NLP) to Enterprise". Amitabh serve d in which of the
following positions i n the National Institution
Page 30 of 424
for Transforming India (NITI Aayog) from 2016 Answer: E

to 2022? Former Mastercard CEO, Ajay Bang a, will
(a) Chairman take over as the first Asian president of the
(b) Vice Chairman World Bank on June 2 from outgoing president
(c) Chief Executive Officer David Malpass.
(d) Member Ajay Banga was born into a Sikh family in
(e) President Pune, Maharashtra. He started his career
Answer: C early by joining the Indian subsidiary of Nestle
Amitabh Kant, a retired member of the Indian in India in the early 1980s. Later, he also led
Administrative Service (IAS), has w ritten a the payment company Mastercard for more
new book titled "Made In India: 75 Years of than a decade between 2010 and 2021.
Business and Enterprise" published by the Moreover, he also served on the boards of the
Rupa Publications India. American Red Cross, Kraft Foods, and Dow
Amitabh served as the Chief Executive Officer Inc. He also served as the vice chairman at
(CEO) of the National Institution for General Atlantic.
Transforming India (NITI Aayog) from 2016 to
2022. 76. In May 2023, REC Limited lists its Green
His latest book, under review, Made in India - Bonds at GIFT IFSC Stock Exchanges. Which
75 Years of Business and Enterprise, begins of the following statements regarding the REC
with an interesting narrative of how India, once Limited is incorrect?
a leader in the global economy, later lost this (a) REC came into being in 1969 to articulate
role and from a position of net exporter a response to the pressing exigencies of the
became a net importer. nation.
(b) REC is a Maharatna company under the
75. The Executive Directors of the World Bank Ministry of Power.
selected Ajay Banga as President for a five - (c) REC Power Development and Consultancy
year term. Ajay Banga was in which of the Limited is the subsidiary of REC Limited.
following states? (d) Alongwith PFC, REC has also been
(a) Gujarat designated as Nodal Agency for Revamped
(b) Rajasthan Distribution Sector Scheme (RDSS).
(c) Haryana (e) All of the above is correct
(d) Punjab Answer: E
(e) Maharashtra
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REC Limited has undertaken an exclusive annually till 2030, a Reserve Bank report. The
listing of its recently issued Green bonds of country aims to achieve net zero emissions
USD 750 million raised under its Global target by 2070. The Reserve Bank of India’s
Medium Term Programme of USD 7 billion at report on Currency and Finance (RCF) for the
GIFT IFSC Stock Exchanges in a primary year 2022-23 covers four major dimensions of
listing ceremony held in GIFT IFSC, climate change to assess future challenges to
Gandhinagar. sustainable high growth in India.
REC came into being in 1969 to articulate a The areas are the unprecedented scale and
response to the pressing exigencies of the pace of climate change; its macroeconomic
nation. REC is a Maharatna company under effects; implications for financial stability; and
the Ministry of Power. Alongwith PFC, REC policy options to mitigate climate risks.
has also been designated as Nodal Agency
for Revamped Distribution Sector Scheme 78. The Public Enterprises Selection Board
(RDSS). has recommended PolavarapuMallikharjuna
RECPDCL (REC Power Development and Prasad as the next Chairman and Managing
Consultancy Limited), a subsidiary of REC Director of which of the following PSUs?
Limited , works in tandem with us to realise (a) Chennai Petroleum Corporation Limited
our shared mission by providing consultancy (b) Coal India Limited
services in Distribution and Transmission (c) Engineers India Limited
sectors. (d) India Tourism Development Corporation
(e) Mazagon Dock Shipbuilders Limited
77. According to the Reserve Bank report, Answer: B
India's green financing requirement is The Public Enterprises Selection Board
estimated to be at least ___ of GDP annually (PSEB) on Wednesday recommended Central
till 2030. Coalfields CMD PolavarapuMallikharjuna
(a) 1.5% Prasad as the next Chairman and Managing
(b) 2.5% Director of Coal India (CIL).
(c) 3% Prasad is expected to take the charge of
(d) 3.5% India’s largest coal miner accounting for
(e) 4% almost 80 per cent of the mined commodity
Answer: B from July 1.
India’s green financing requirement is A mining engineer from Osmania university,
estimated to be at least 2.5 per cent of GDP Prasad took over as the CCL CMD on
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September 1, 2020, and has more than three

decades of experience in the mining sector. 80. The world’s largest and first franchise -
He is credited for the diversion of Nallah at based chess league will be held in Dubai from
Hingula opencast area to unlock coal reserve June 21-July 2. How many teams will feature
of 26 million tonnes (MT) in FY15 and the in the inaugural Global Chess League?
commencement of a new railway siding at the (a) Four
Talcher Coalfields. (b) Six
(c) Seven
79. Air India and Vistara signed interline (d) Eight
partnership to help domestic, global flyers. (e) Nine
Vistara is a joint venture between Singapore Answer: B
Airlines and which of the following The world’s largest and first franchise -based
companies? chess league will be held in Dubai from June
(a) HERO GROUP 21-July 2. The inaugural Global Chess League
(b) ADITYA BIRLA GROUP will feature six teams with six players each,
(c) HINDUJA GROUP including a minimum of two female players
(d) TATA SONS and one icon player per team.
(e) MAHINDRA GROUP The six teams will compete in a round-robin
Answer: D format where each team will play 10 matches.
Air India announced that it has entered into an A joint venture between FIDE and Tech
interline partnership with full -service carrier, Mahindra, GCL aims to draw the world’s
Vistara, enabling passengers to travel attention to a new format and create an
between the two airlines’ network seamlessly. ecosystem for the sport, providing a platform
The partnership will enable flyers to book their for champions worldwide to showcase their
flights on either airline and, seamlessly get potential.
access to several domestic destinations as
well as international destinations. 81. In May 2023, Harjinder Kang was named
This will allow Air India’s customers to access as which of the following country’s new Trade
Vistara’s domestic network and also give Commissioner to South Asia and Deputy High
Vistara’s flyers to access over 80 points of Air Commissioner for Western India?
India’s extensive domestic and global network. (a) UK
Vistara is a joint venture between Tata Sons (b) Russia
and Singapore Airlines. (c) USA
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(d) France multinational corporations (MNCs) and

(e) Germany businesses operating in India.
Answer: A
Harjinder Kang, Britain's Chief Negotiator for 83. In May 2023, ideaForge received Sebi 's
the India-UK free trade agreement (FTA) was approval to raise funds through IPO.
named as the country's new Trade ideaForgedesigns and manufactures which of
Commissioner to South Asia and Deputy High the following products?
Commissioner for Western India. (a) 3D Printers
(b) Drones
82. Web conference company Zoom (c) Solar Panels
Video Communications (ZVC) has secured a (d) Lithium Batteries
pan-India telecom licence that will enable it to (e) None of the above
offer telephone services as well to the Answer: B
enterprise customers. Where is the Mumbai-based drone manufacturer ideaForge
headquarters of Zoom Video Communications Technology has received the final approval
located? from the regulatory body Securities and
(a) Norway Exchange Board of India (SEBI) to raise funds
(b) Russia through an i nitial public offering (IPO).
(c) USA ideaForge is a vertically integrated company
(d) Sweden that designs and manufactures world -class
(e) Germany drones for mapping, security, and surveillance
Answer: C applications.
Web conference company Zoom Leading investors including Infosys,
Video Communications (ZVC) has secured a Qualcomm, Celesta, Florintree, EXIM Bank,
pan-India telecom licence that will enable it to Indusage Technology Venture Fund, and
offer telephone services as well to the Infina Finance back the Mumbai-based
enterprise customers. USA-based Zoom has startup. Currently, Exim Bank owns 1.09% of
been offering voice and video conference the company, followed by Qualcomm with
service through its website and app. 3.79% and Celesta with 13.35%.
With these licences, the company will be able
to offer its cloud-based private branch 84. In May 2023, US FDA approved the
exchange (PBX) service 'Zoom Phone' to world's first RSV vaccine that is meant for
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older adults. which of the following companies (a) 1968

developed this world's first RSV vaccine? (b) 1978
(a) Merck (c) 1988
(b) GSK (d) 1998
(c) Sanofi (e) 2002
(d) Pfizer Answer: D
(e) Sinovac World Asthma Day is a global healthcare
Answer: B event commemorated every year on the first
US FDA approved the world's first RSV Tuesday in May to promote awareness of
vaccine that is meant for older adults. After the asthma worldwide. This year 2023 World
Food and Drug Administration nod, GSK's Asthma Day is observed on 2nd of May
shot, called Arexvy, becomes the first vaccine (Tuesday).
to protect older adults against RSV. On this day, various global and local
The vaccine was approved for people aged 60 organisations step forward together to combat
and older after it was found 83 percent the major global non-communicable disease in
effective against diseases caused by RSV and children and adults. The theme of World
more than 94 percent effective against severe Asthma Day was organized by Global Initiative
diseases. for Asthma(GINA).
The RSV infection is more common among The theme of World Asthma Day 2023 was
children but at times it also attacks the elderly “Asthma care for All”. The first Asthma Day
population. RSV normally causes mild, cold- was organized in 1998 in more than 35
like symptoms, but it can be serious for people countries.
with weak immune systems.
According to the US Centers for Disease 86. Sanjiv Kapoor recently quit as the CE O of
Control and Prevention, it leads to which of the following airlines?
approximately 60,000 to 120,000 (a) Go First
hospitalizations and 6,000 to 10,000 deaths (b) Jet Airways
among adults 65 years of age and older. (c) Spice Jet
(d) Vistara
85. World Asthma Day is a global healthcare (e) IndiGo
event commemorated every year on the first Answer: B
Tuesday in May. In which year, the first Solution:
Asthma Day was organized?
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Grounded airline Jet Airways (India) Ltd Chief The International Dark-Sky Association is a
Executive Officer (CEO)-designate Sanjiv United States-based non-profit organization
Kapoor has resigned from the airline. incorporated in 1988 by founders David
He joined Jet Airways as its Chief Executive Crawford, a professional astronomer, and Tim
Officer (CEO) on April 4, 2022. Hunter, a physician and amateur astronomer.
Kapoor began his airline career with
Northwest Airlines in the United States in 1997 88. Every year Coal Miners Day is celebrated
in finance, planning, and procurement. on which of the following days?
(a) May 1
87. India’s first ‘dark sky reserve’ in Ladakh’s (b) May 2
Hanle village is now ready and will be opened (c) May 3
for the public soon. Dark sky reserve (d) May 4
certification is provided by International Dark (e) May 5
Sky Association. International Dark Sky Answer: D
Association is based on which country? Every year Coal Miners Day is celebrated on
(a) Norway May 4. This day is celebrated for the miners
(b) Russia who are working in the field. Coal Mining was
(c) USA begun in India in 1774. Coal Miners became
(d) Spain easily significant during the period of the
(e) Greece industrial revolution between 1760 and 1840.
Answer: C In that period, coal was significantly used in
India’s first ‘dark sky reserve’ in Ladakh’s many purposes like heat the building. In the
Hanle village is now ready and will be opened 19th Century, Coal was highly used in both
for the public soon. government and the management.
Spread over 1,073 sq km across a cluster of The highly coal rich producing countries are
six hamlets in the Hanle cold desert region at Odisha, Jharkhand, Chattisgarh, West Bengal,
an elevation of 4,500 metres above sea level, and some central parts of the country.
the reserve is among a few of its kind in the
world that will offer a spectacular view of the 89. Ranajit Guha, who passed away recently,
night sky. is related to which of the following fields?
Meanwhile, work is on in full swing to develop (a) Journalism
Benital in Uttarakhand as the first ‘astro (b) Politics
village’ of India. (c) Historiography
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(d) Judiciary The fund invests across asset classes like

(e) None of the above equity, foreign equities, debt, gold, silver and
Answer: C money market securities. The minimum
The Noted Indian historian Ranajit Guha has application amount is Rs. 500 and in multiples
passed away due to old age-related ailments of Rs. 1 thereafter. As it is an open-ended
at the age of 100. Guha was born on May 23, scheme, it will reopen again for buying later.
1923 at Barisal in present-day Bangladesh. The systematic investment plan (SIP) amount
Guha was the oldest living historian in the is Rs. 500 on weekly, fortnightly or monthly
country. basis.
He had immense interest in the intellectual
history and literature of Bengal. He retired 91. RBI has allowed individuals to open
from the Australian National University in 1988 interest-earning Foreign Currency Accounts
after being previously associated with other without restriction. In which year budget,
renowned institutions. One of his well-known Government announced that India's first
books is 'Elementary Aspects of Peasant IFSC's would be set up in GIFT City in
Insurgency in Colonial India'. Gujarat?
(a) 2015
90. White Oak Asset Management Company (b) 2017
(AMC) has announced the launch of its new (c) 2005
fund offer (NFO) White Oak Capital Multi (d) 2014
Asset Allocation Fund. What is the minimum (e) 2016
application amount? Answer: A
(a) Rs. 50000 In an effort to make India’s International
(b) Rs. 5000 Financial Services Centre (IFSC) more
(c) Rs. 10000 appealing, the Reserve Bank of India (RBI)
(d) Rs. 1000 has allowed individuals to open interest-
(e) Rs. 500 earning Foreign Currency Accounts (FCA)
Answer: E without restriction.
White Oak Asset Management Company The RBI also removed the requirement to
(AMC) has announced the launch of its new repatriate funds remaining idle in the FCA
fund offer (NFO) White Oak Capital Multi account for up to 15 days. In February 2021,
Asset Allocation Fund. the RBI allowed resident individuals to make
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remittances under the Liberalised Remittance dwelling urban Indians will get access to 100%
Scheme (LRS) to IFSCs set up in India. authentic & best handcrafts products
Finance Minister Arun Jaitley, had announced emerging straight from the heart of India.
in the Union Budget 2015 that India's first Indiahandmade portal offers a wide range of
IFSC's would be set up in GIFT City in products, including clothing, home decor,
Gujarat. jewellery, accessories, and more. All their
products are handmade by skilled artisans,
92. To provide products from Handloom and they pride themselves on offering unique
weavers & Handicraft artisans directly to the and authentic pieces that showcase India's
consumers while eliminating the mi ddlemen, diverse cultural heritage.
the Ministry of Textiles has developed an E -
Commerce portal for handicrafts and 93. Indian Meteorological Department
handloom sector. Who among the following is (IMD) announced that India will launch i ts own
Minister of Textiles? composite index next year to quantify the
(a) Arjun Munda impact of heat on its population. In which year
(b) Smriti Zubin Irani India Meteorological Department was
(c) Gajendra Singh Shekhawat established?
(d) Shri Kiren Rijiju (a) 1775
(e) Piyush Goyal (b) 1875
Answer: E (c) 1925
To provide products from more than 35 Lakh (d) 1935
Handloom weavers & 27 Lakh Handicraft (e) 1945
artisans directly to the consumers while Answer: B
eliminating the middlemen, the Ministry of India will launch its own composite index next
Textiles has developed an E -Commerce portal year to quantify the impact of heat on its
for handicrafts and handloom sector. Shri population and generate impact-based heat
Piyush Goyal, Union Minister of Textiles, wave alerts for specific locations, the India
Consumer Affairs, Food and Public Meteorological Department (IMD) has said.
Distribution and Commerce and Industry The IMD began issuing an experimental heat
launched the portal in Gujarat. index for different parts of the country last
With the help of this virtual Indian store, the week, taking into account air temperature and
artisans will get remunerated fairly with no relative humidity to determine how hot it really
middlemen to manipulate prices and city feels.
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A disastrous tropical cyclone struck Calcutta in 95. NITI Aayog released the “Best Practices in
1864 and this was followed by failures of the Social Sector: A Compendium, 2023” in
monsoon rains in 1866 and 1871. In the year collaboration with the United Nations
1875, the Government of India established the Development Programme. This compendium
India Meteorological Department, bringing all includes ___ case studies cutting across ___
meteorological work in the country under a key social sectors.
central authority. (a) 55 and 14
(b) 75 and 14
94. Kalesar National Park, which was in news (c) 75 and 18
recently, shares a corridor with Simbalbara (d) 45 and 14
National Park and Rajaji N ational Park. (e) 75 and 10
Simbalbara National Park and Rajaji National Answer: B
Park are located in which of the following NITI Aayog released the “Best Practices in
states? Social Sector: A Compendium, 2023” today in
(a) Himachal Pradesh and Uttarakhand collaboration with the Uni ted Nations
(b) Gujarat and Rajasthan Development Programme. To commemorate
(c) Rajasthan and Haryana 75 years of India’s independence and highlight
(d) Tamil Nadu and Andhra Pradesh and laud the efforts of Union Ministries and
(e) Rajasthan and Madhya Pradesh State Governments, this compendium
Answer: A includes 75 case studies cutting across 14 key
The Haryana Forest department has launched social sectors. The case studies have been
efforts to trace pug marks of a tiger that was sourced from all States/ Union Territories and
caught in a camera trap at Kalesar National 30 Ministries and Departments of the
Park in Yamunanagar — the first sighting of Government of India.
the big cat in any part of state in 110 years. The seventy-five best practices highlight
The big cat was captured on April 18 and 19 in models which are innovative, sustainable,
camera traps installed near Gugga Fire Line of replicable and impactful. The aim of this
the park, which is spread over 11,570 acres in exercise has been to synthesise lessons for
the foothills of the Shivalik range. the future to expand, enhance and improve life
Kalesar National Park shares a corrido r with at the grassroots level. Due care was taken to
Himachal Pradesh’s Simbalbara National Park ensure that the cases identified are spread
and Uttarakhand’s Rajaji National Park. over diverse themes, including education,
health and nutrition, e-governance and
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digitization, agriculture, women’s deducted during the COVID-19 pandemic.

empowerment, sports, and financial inclusion, Certain relief has also been provided to
among others. MSMEs debarred for default in execution of
contracts during the COVID-19 period.
96. Which of the following departments in
Ministry of Finance has launched the scheme, 97. In April 2023, the Indian Olympic
“Vivad se Vishwas I – Relief to MSMEs” for Association (IOA) constituted a two -member
providing relief to MSMEs for COVID -19 Ad-hoc Committee to run the office of
period? Wrestling Federation of India (WFI). Who is
(a) Department of Revenue the current President of Indian Olympic
(b) Department of Expenditure Association?
(c) Department of Financial Services (a) P.T. USHA
(d) Department of Investment and Public (b) AJAY H. PATEL
Asset Management (c) RAJLAXMI SINGH DEO
(e) Department of Economic Affairs (d) GAGAN NARANG
Answer: B (e) SAHDEV YADAV
The Department of Expenditure, Ministry of Answer: A
Finance, has launched the scheme, “Vivad se On 27 April, the Indian Olympic Association
Vishwas I – Relief to MSMEs” for providing (IOA) has constituted a two-member Ad-hoc
relief to Micro, Small and Medium Enterprises Committee to run the office of Wrestling
(MSMEs) for COVID-19 period. The scheme Federation of India (WFI).
was announced in the Union Budget 2023 -24 It includes IOA Executive Council member
by Union Finance Minister Smt. Nirmala Bhupendra Singh Bajwa and former Asian and
Sitharaman. Commonwealth Games medalist shooter
COVID-19 pandemic, one of the biggest crises Suma Shirur.
in the human history, had a devastating The two-member committee will take over the
impact on economy, especially MSMEs. The charge of managing the WFI office with
relief provided under this scheme is in immediate effect.
continuation to the efforts of the government in As per an order issued by the Ministry of
promoting and sustaining the MSME sector. Youth Affairs and Sports, the committee will
Under the scheme, Ministries have been also oversee the elections to set up a new
asked to refund performance security, bid Management Committee.
security and liquidated damages forfeited/
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The Ad-hoc Committee has been mandated BAFTA fellowship. What does BAFTA stand
by the Ministry with holding the WFI for?
Management Committee elections within 45 (a) British Award for Film and Television Arts
days. (b) British Academy of Film and Television
PT. Usha is the president of Indian Olympic Awards
Association. (c) British Academy of Film and Television
Arts
98. A Russian-Jewish author Maria Stepanova (d) British Academy of Film and Television
has won the prestigious Leipzig Book Prize for Artists
European Understanding in 2023. Maria (e) British Award of Film and Television Artists
Stepanova is currently living in exile in which Answer: C
of the following countries? Award-winning British-Indian playwright and
(a) UK actor Meera Syal will be presented with a
(b) Russia BAFTA (British A cademy of Film and
(c) USA Television Arts) fellowship, the highest
(d) France accolade bestowed upon an individual in
(e) Germany recognition of an outstanding and exceptional
Answer: E contribution to film, games or television.
Maria Stepanova, a Jewish author from Syal, who starred in hit BBC comedies,
Russia who was born in Moscow in 1972 and 'Goodness Gracious Me' and 'The Kumars at
is currently living in exile in Germany, will be No 42', will be honoured at the BAFTA
awarded the Leipzig Book Award for Television Awards, which will take place on
European Understanding 2023 fo r her volume May 14 at the Royal Festival Hall.
of poetry entitled "MädchenohneKleider" (Girls BAFTA stands for British Academy of Film and
Without Clothes). These cycles of poems with Television Arts.
their melodious narratives constitute an
impressive example of how an attentive 100. India, for the first time, has included a
awareness of history can be captured in Caribbean nation — the Dominican Republic
modern poetry. The poems were published by — into the ITEC-Defence Scheme. Which of
Suhrkamp in May 2022. the following is the capital of Dominican
Republic?
99. Award-winning British-Indian playwright (a) Abuja
and actor Meera Syal will be presented with a (b) Monrovia
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(c)Pretoria (d) Knowledge Management in Financial

(d) Nairobi Services
(e) None of the above (e) Knowledge Management at Banking
Answer: E Industry
India, for the first time, has included a Answer: B
Caribbean nation — the Dominican Republic India Post Payments Bank (IPPB) has
— into the ITEC -Defence Scheme, under partnered with the Forum of Industry
which the armed forces personnel of that Academic Knowledge Sharing (FIAKS)
country will get trained at various military platform to provide digital literacy and spread
training institutes in the country. awareness among postmen (or Gramin Dak
The pact was among the several signed Sevaks) to avoid digital frauds.
during External Affairs Minister Jaishankar’s FIAKS, a cross-border platform comprising
visit last week. over 5,000 members, will carry out research,
The two sides also agreed to deepen development, and designing of digital content
cooperation in cutting-edge sectors such as under the programme FIAKS Digital Shiksha
space exploration, satellite data management, Prasaar Abhiyaan along with other partners.
artificial intelligence, biotechnologies, The body will provide virtual and physical
information and communication technologies training to the postmen identified by IPPB.
and more.
Capital: Santo Domingo, Currency: Dominican
Peso. 102. For hassle-free payments, India and
Russia recently(May 2023) exploring the
101. Who has recently(May 2023) partnered possibility of accepting each other’s card
with India Post Payments Bank (IPPB) to payment network. If so what is the payment
provide digital literacy and spread awareness system in Russia will accept in India?
among postmen (or Gramin Dak Sevaks) to (a) Pulse
avoid digital frauds? (b) Mir
(a) Financial and Banking Knowledge (c) Discover
Management (d) UnionPay
(b) Forum of Industry Academic Knowledge (e) Cirrus
Sharing (FIAKS) platform Answer: B
(c) Organizational Culture and Knowledge India and Russia will explore the possibility of
Sharing in Banking accepting RuPay and Mir cards in each other's
Page 42 of 424
country for hassle-free payments amid (b) Yes Bank

sanctions imposed by the West on Moscow. (c) HDFC bank
This decision was made during the meeting of (d) ICICI Bank
the Internal Governmental Commission on (e) CSB Bank
Trade, Economic, Scientific, Technological, Answer: D
and Cultural Cooperation (IRIGC-TEC). Pine Labs, a merchant commerce omni
This meeting was chaired by the External channel platform, has announced the
Affairs Minister of India Shri S Jaishankar and acceptance of Digital Rupee (e Rupee) on its
Russia's Deputy Prime Minister Shri Denis PoS (Point of Sale) terminals in partnership
Manturov. with ICICI Bank.
The mutual acceptance of RuPay (India) and The technology integration between the two
Mir cards (Russia) will help Indian and entities will now support e₹ acceptance at
Russian citizens to make hassle -free Pine Labs’ point-of-sale terminals across key
payments in Indian rupees and Russian ruble retail outlets in Mumbai, Maharashtra and
in their respective countries. Bengaluru, Karnataka.
In addition, the meeting also explored the Pine Labs’ execution of the Digital Rupee
possibility of interaction between India's payment process is completely digital via
Unified Payments Interface (UPI) and Russia's dynamic QR built within its smart Android PoS
Faster Payments System (FPS). terminals.
Besides, it was also agreed to look at adopting This would present a seamless payment
the Russian financial messaging system, option to the users and improve the
Services Bureau of Financial Messaging operational efficiency of merchants with Pine
System of the Bank of Russia, for cross Labs PoS terminals
border payments. Reserve Bank of India’s (RBI’s) Central bank
Currently, overseas payments from India and digital currency (CBDC) pilot for both person-
vice versa are through the SWIFT network. to-person (P2P) and person-to-merchant
(P2M) digital rupee transactions is currently
103. Which of the following bank has live with leading banks like State Bank of India
recently(May 2023) welcomed its partnership (SBI), ICICI Bank, Yes Bank, IDFC First Bank,
with Pine Labs which has announced the Union Bank of India (UBI), Bank of Baroda
acceptance of Digital Rupee (e Rupee) on its (BoB), Kotak Mahindra Bank, and HDFC
PoS (Point of Sale) terminals? Bank.
(a) IDBI Bank
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104. In public-private-partnership (PPP) mode, be developed on non-Railway land or

the Dedicated Freight Corridor Corporation of fully/partially on Railway land.
India (DFCC) recently(May 2023) commenced
operations on the Rewari Gati Shakti Cargo 105. Recently(May 2023), what is the total
Terminal (GCT). What is the total cost of GCT length of the Horizontal Directional
which is build mainly for container traffic in Drilling(HDD)crossing across the Brahmaputra
Haryana? river considering all major and minor water
(a) Rs 10 crore channels and became asia's largest
(b) Rs 12 crore underwater hydro-carbon pipeline?
(c) Rs 8 crore (a) 4,200 metre
(d) Rs 7 crore (b) 5,780 metre
(e) Rs 15 crore (c) 5,150 metre
Answer: C (d) 5,450 metre
The Dedicated Freight Corridor Corporation of (e) 4,780 metre
India (DFCC) commenced operations on the Answer: B
Rewari Gati Shakti Cargo Terminal (GCT) in Asia's largest underwater hydro -carbon
public-private-partnership (PPP) mode. pipeline, below the river Brahmaputra
This becomes the first operational GCT with connecting Jorhat and Majuli in Assam has
complete investment from a private player and been completed by the Indradhanush Gas
zero revenue-sharing on account of the Indian Grid Limited (IGGL).
Railways. The challenging task of laying a 24-inch
The Rs 8-crore GCT in Haryana, built solely diameter hydrocarbon pipeline beneath the
for container traffic, along the edge of Line 10 mighty Brahmaputra river by Horizontal
of the New Rewari station on Western Directional Drilling (HDD) method was
Dedicated Freight Corridor (DFC), will be completed marking the completion of a major
operated by Pristine Meg a Logistics Park, milestone in the construction of the North East
which got the project in a race against state - Gas Grid (NEGG) connecting North East India
owned Container Corporation of India to the National Gas Grid.
(Concor) and shipping major DP World. The total length of the pipeline in this single
The terminal has been made operational HDD crossing is 4,080 metre across the main
within 75 days of awarding of contract. water channel of Brahmaputra river.
The Gati Shakti Cargo Terminals (GCTs) are This is the longest river crossing by any
being developed by private players, and can hydrocarbon pipeline of size 24-inch diameter
Page 44 of 424
and above in Asia and the second longest in (d) BanaskanthaDistrict Cooperative Milk
the world. Union
The total length of HDD crossing across the (e) Valsad District Cooperative Milk Union
Brahmaputra river considering all major and Answer: A
minor water channels is 5,780 metre. The Gujarat Cooperative Milk Marketing
The pipeline was laid in three separate HDD Federation Ltd (GCMMF), the marketer of
sections of length 1000 M, 4080 M and 700 M Amul has identified land at Vargal near
with the first and the third sections completed Hyderabad to set up a milk processing plant
earlier. with a capacity of 5 lakh litres per day (LLPD).
The next step will be tie-in of the three The upcoming plant will be done through one
sections at two points, which will be located at of the 18 GCMMF member dairy unions,
15 M and 8 M below Natural Ground Level Sabarkantha District Cooperative Milk Union
(NGL). (Sabar Dairy).
Indradhanush Gas Grid Limited, is a joint The procurement of milk will take place from
venture company of five major Oil PSUs - the dairy producers of Telangana State.
IOCL, ONGC, GAIL, OIL and NRL. In December 2021, Sabar Dairy signed an
It is implementing the North East Gas Grid agreement with the Telangana government to
Project connecting the major cities and set up the facility with an estimated investment
demand centres of North East India with the of ₹500 crore.
National Gas Grid. The plant which will employ about 500 people,
would also manufacture value-added dairy
106. Recently(May 2023,) the Amul marketer, products such as curd, buttermilk, lassi,
Gujarat Cooperative Milk Marketing yoghurt, paneer, and sweets.
Federation Ltd (GCMMF) plans to set up a Anand Milk Union Limited is an Indian state
milk processing plant at Varg al near government-owned dairy-based cooperative
Hyderabad. Which of the following GCMMF society officially named the Gujarat Milk
member dairy unionwill complete the Marketing Federation based in Anand,
upcoming plant in Vargal? Gujarat.
(a) Sabarkantha District Cooperative Milk It is under the ownership of Gujarat
Union Cooperative Milk Marketing Federation
(b) Kaira District Cooperative Milk Union Limited, Department of Cooperation,
(c) Mehsana District Cooperative Milk Union Government of Gujarat.
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107. A 12-feet statue of Maratha warrior king Chatrapati Shivaji Maharaj was the founder of
Chhatrapati Shivaji Maharaj is recently(May the Maratha Empire in western India.
2023) unveiled in Mauritius by Maharashtra In April, 2023, the Shinde-Fadnavis
Deputy Chief Minister Shri Devendra government sanctioned an additional ₹8 crore
Fadnavis. Which of the following has signed a for the second phase of construction.
Memorandum of Understanding (MoU) with
Economic Development Board, Mauritius? 108. Electric Shivneri bus services is
(a) Maharashtra Agri Industries Development recently(May 2023) launched between
Corporation Mumbai and Pune by Maharashtra CM Shri
(b) Maharashtra Industrial Development Eknath Shinde. Who has been appointed as
Corporation the ‘goodwill ambassador’ for Maharashtra
(c) Maharashtra Centre for Entrepreneurship State Road Transport Corporation (MSRTC)?
Development (a) Makarand Anaspure
(d) Maharashtra Natural Gas Limited (b) Emraan Hashmi
(e) Maharashtra State Agriculture Marketing (c) Hrishikesh Joshi
Board (d) Subodh Bhave
Answer: B (e) Abhay Deol
Maharashtra Deputy Chief Minister Shri Answer: A
Devendra Fadnavis unveiled a 12-feet statue On the occasion of Maharashtra Day (May
of Maratha warrior king Chhatrapati Shivaji 01,2023) Maharashtra Chief Minister (CM)
Maharaj in Mauritius to mark the strong bond Shri Eknath Shinde launched electric Shivneri
between the two nations. bus services between Mumbai and Pune.
It was his first visit to the island nation. The inaugural ceremony was held at Sahyadri
The sculpture was created in India by a Delhi- Guest House in Mumbai’s Malabar Hill.
based artist and sent to the island nation in a He also launched a campaign, named after
container ship. Bal Thackeray, for cleanliness and
An Memorandum of Understanding (MoU) beautification of bus stands.
was also signed between the Economic The new e-buses have a passenger-seating
Development Board, Mauritius, and the capacity of 43, besides seats for the driver
Maharashtra Industrial Development and the co-driver.
Corporation to establish a platform for The manufacturer, Olectra Greentech Limited,
investment between the Western State and has claimed that the buses can travel up to
the island nation. 250 kilometres on a single charge.
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Maharashtra State Road Transport There are a total of 12,318 members

Corporation (MSRTC) received a total of 8e- registered in all the 100 community libraries,
buses, with 6 yet to get clearance from the of which about 80 per cent are girls.
regional transport office (RTO). Till now, 63 government buildings have been
In another development, actor Makarand taken over for the purpose, while the
Anaspure has been appointed as the ‘goodwill remaining 37 are being developed in private
ambassador’ for MSRTC. houses hired by Jeevika.
Jeevika’sCEO : Rahul Kumar
109. Recently(May 2023), In which of the 110. Recently(May 2023), India’s first
following village in Bihar, Chief Minister Shri undersea twin tunnel in South Mumbai,
Nitish Kumar inaugurated the first ‘Didi ki Maharashtra are set to open in November
library’ on February 10, 2023 to encourage 2023. Which of the following municipal
children to promote the habit of reading? corporation are building the undersea twin
(a) Dargahiganj tunnel?
(b) Dombana (a) Thane Municipal Corporation
(c) Gokulpur (b) Brihanmumbai Municipal Corporation
(d) Hanumannagar (c) UlhansnagarMunicipal Corporation
(e) Singheshwar (d) Navi Mumbai Municipal Corporation
Answer: E (e) Vasai Virar City Municipal Corporation
In a bid to encourage children in villages to Answer: B
promote the habit of reading, the Bihar India’s first undersea twin tunnels in South
government has started ‘Didi ki library’, Mumbai, Maharashtra are nearing completion,
established under Jeevika. & are set to open in November 2023.
The first Didi ki library or community library in It is a 2.07-kilometer-long tunnel being built in
Singheshwar was inaugurated by Chief Mumbai, Maharashtra.
Minister Shri Nitish Kumar on February 10, The Tunnels are a part of the Rs 12,721-crore
2023. Mumbai Coastal Road Project (MCRP) being
At least 100 libraries have been opened in 32 built by the Brihanmumbai Municipal
districts. Corporation (BMC).
Community Library and Career Development The tunnels extend under the Arabian Sea
Centres (CLCDCs) have also been set up in towards North, covering Girgaon Chowpatty
many blocks of Bihar. and Malabar Hill as well.
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112. Bengaluru-based Log9

Materialsrecently(May 2023) inaugurated
111. Nissan is recently(May 2023) focusing on India’s first commercial lithium-Ion (Li-ion) cell
developing growth plans in software and manufacturing facility on its campus in Jakkur,
electric vehicles independently from its partner Bengaluru to produce batteries for electric
Renault. Currently, what is the Renault’s stake vehicles. What is the initial capacity of the
in Nissan? Log9’s commercial Li-ion cell manufacturing
(a) 20% line?
(b) 15% (a) 100 MWh
(c) 12% (b) 75 MWh
(d) 25% (c) 200 MWh
(e) 35% (d) 150 MWh
Answer: B (e) 50 MWh
Nissan is focusing on developing growth plans Answer: E
in software and electric vehicles independently Bengaluru-based Log9 Materials, an
from its partner Renault as both automakers advanced battery-technology and deep-
work on finalizing the terms of their alliance technology startup, inaugurated India’s first
As part of Nissan’s plans, the Japanese commercial lithium-Ion (Li-ion) cell
automaker is reportedly searching for a manufacturing facility on its campus in Jakkur,
partner outside the auto industry to develop Bengaluru.
software that connects vehicles to cloud- The facility will produce batteries for electric
based services. vehicles.
The alliance oversight board recently met to Log9’s commercial Li-ion cell manufacturing
discuss a rebalance of the p artnership, which line has an initial capacity o f 50 MWh.
will see Renault’s stake in Nissan reduced This facility will cater to the manufacturing of
from 43% to 15%, matching Nissan’s stake in lithium-titanate oxide and lithium iron
Renault. phosphate cells.
Nissan's emerging strategy reflects a belief The startup also launched its indigenously
within the automaker that the 23-year-old developed battery management system—
alliance has run its course for many of the Charvik, incorporated with state-of-the-art
biggest challenges it faces power control mechanisms—and its academic
engagement programme named Log9 Rise to
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support talent pool creation in battery In 2017, the Indian government conferred
technologies in the country. upon him Padma Vibhushan,the second-
Dr Akshay Singhal, co-founder & CEO of Log9 highest civilian honour of India.
Materials
114. How much percentage of stake does the
113. What is the title of the autobiography of BharatPe, India’s leading fintech company
Veteran politician Sharad Pawar who is recently(May 2023) acquired from Trillion
recently(May 2023) stepped down as the chief Loans, a Mumbai, Maharashtra-based NBFC
of Nationalist Congress Party (NCP)? (Non-Banking Financial Company)?
(a) Lok MajheSangati (a) 40%
(b) Mari Hakikat (b) 51%
(c) MajyaJalmachChittarkatha (c) 20%
(d) Atmakahtha (d) 75%
(e) JakhanChotoChilam (e) 80%
Answer: A Answer: B
Veteran politician Sharad Pawar stepped India’s leading name in fintech, BharatPe has
down as the chief of Nationalist Congress acquired a 51% majority stake in Trillion
Party (NCP). Loans, a Mumbai, Maharashtra-based NBFC
He made the announcement of his retirement (Non-Banking Financial Company).
during the release of his autobiography titled, Trillion Loans, which sells a range of secured
‘Lok MajheSangati – Political Autobiography’. and unsecured loans to small businesses and
Pawar has served as the Chief Minister (CM) credit products such as auto, gold and
of Maharashtra for four terms. education loans to retail customers.
He has also served as the Minister of Defence With this acquisition, the fintech unicorn joins
(MoD) in the Cabinet of P.V Narsimha Rao well-funded fintech peers like Cred, Uni and
and Minister of Agriculture in the Cabinet of LendingKart in acquiring NBFCs to shore up
Manmohan Singh. their credit play.
He was the first and former president of the BharatPe also revealed that Ravindra Pandey,
Nationalist Congress Party (NCP), which was Nalin Negi and Sabyasachi Senapati have
founded in 1999, after separating from the been appointed to the Board of Trillion Loans.
Indian National Congress. Trillion Loans is a fast-growing NBFC that
He is the chairperson of Maha Vikas Aghadi, a claims to offer a range of secured and
regional Maharashtra-based political alliance. unsecured loans to Small and medium-sized
Page 49 of 424
enterprises (SMEs), including small business The exercise validated plans for bringing down
loans as well as working capital loans. integrated firepower by orchestrating
Additionally, the company offers a range of synchronised firing by artillery guns and fire
products for consumers, such as education support components of the Infantry aimed
loans, auto and gold. toward the destruction of designated targets.
During the exercise, Synergised surveillance
115. Indian Army recently(May 2023) and firepower from Infantry and Artillery
conducted the 'Buland Bharat' exercise in the radars, weapon systems and direction of fire
longest high-altitude Artillery Ranges of the from the air were practised.
eastern theatre. Where did the contributing Uninterrupted communication on multiple
Special Forces, Aviation, and Central A rmed media was also tested at long distances.
Police Forces deployed in?
(a) West Kameng and Tawang 116. Which of the following SpaceX’s product
(b) Anjaw and Dibang Valley recently(May 2023) exploded during its first
(c) Papum Pare and East Kameng test-flight to space from Boca Chica in Texas?
(d) Upper Subansiri and Longding (a) Falcon 9
(e) Namsai and West Siang (b) Starship
Answer: A (c) Falcon Heavy
Indian Army conducted the 'Buland Bharat' (d) Energia
exercise in the longest high-altitude Artillery (e) Saturn V
Ranges of the eastern theatre. Answer: B
It is an integrated surveillance and firepower The Elon Musk-owned SpaceX’s Starship,
training exercise conducted by the Indian world’s biggest rocket, exploded during its first
Army. test-flight to space from Boca Chica in Texas.
It was a month-long training exercise that The test was the first for the spacecraft
culminated in a test exercise. manufacturer’s Starship spacecraft (the
The exercise involved th e synergised carrier) and Super Heavy rocket (the booster),
application of surveillance and firepower collectively referred to as Starship.
capabilities of the Artillery and the Infantry in The Starship rocket is the world's most
close coordination with Special Forces, powerful rocket ever built.
Aviation, and Central Armed Police Forces The project comprises a rocket called Super
deployed in West Kameng and Tawang Heavy Rocket and a spacecraft attached to its
districts of Arunachal Pradesh. top called the Starship.
Page 50 of 424
Starship is around 120 metres in height, with Overall, this is India's second gold medal in
Super Heavy being 69 m tall and Starship this event.
being 50 m tall. In 1965, Dinesh Khanna had won the men’s
Starships represent a fully reusable singles gold in Lucknow after beating
transportation system designed to carry both Thailand’s SangobRattanusorn.
crew and cargo to Earth orbit, the Moon, Mars, The Championship is a tournament organized
and beyond. by the governing body Badminton Asia to
choose the best badminton players in Asia.
117. What is the edition of Badminton Asia In 1962, the tournament was started.
Championships held recently(April 2 023) held The 2023 Championships was held from 25 to
in Dubai, where Indian men's doubles pair 30 April 2023 in Dubai, United Arab Emirates.
achieved a historic milestone by winning a The 2023 championships was the 40th edition
gold medal? of the Badminton Asia Championships
(a) 38th edition
(b) 50th edition 118. Argentina will host the upcoming FIFA
(c) 40th edition U-20 World Cup 2023 recently(April 2023)
(d) 54th edition announced by FIFA Council. Who won the
(e) 36th edition FIFA U-20 World Cup in 2022?
Answer: C (a) Brazil
SatwiksairajRankireddy and Chirag Shetty (b) Japan
achieved a historic milestone by becoming the (c) Spain
first Indian men's doubles pair to win a gold (d) Argentina
medal at the Badminton Asia Championships. (e) Australia
The Indian duo beat the eighth-seeded Answer: C
Malaysian pair of Ong Yew Sin and Teo Ee Yi FIFA Council has announced Argentina as the
in the final in Dubai. official host of the upcoming FIFA U -20 World
In 2022, the sixth seeded pair had also won a Cup 2023.
gold medal at the Commonwealth Games and Indonesia were the original tournament host
a bronze medal at the World Championships. but FIFA has removal them after a new bid
In this tournament, the previous best submitted by the Argentinian Football
performance was a bronze medal win in 1971 Association (AFA).
by an Indian men's doubles pair, Dipu Ghosh The hosting agreement has been signed by
and Raman Ghosh. the AFA, along with all other relevant
Page 51 of 424
documents on the part of the host and local The book provides an insight into Mukherjee’s
authorities. life and describes his journey as a successful
The FIFA U-20 World Cup will take place from tennis player.
20 May to 11 June 2023 and will feature six In addition to tennis, “Crosscourt” also covers
groups of four teams. various aspects of Mukherjee’s personal life,
Argentina is the most successful nation in the including her successes, failures, relationships
history of the FIFA U-20 World Cup. They and behind-the-scenes moments.
have won the tournament six times with their
most recent victory in 2007. In 2022, Spain
won the FIFA U-20 World Cup 120. Recently(May 2023), Goa Governor P S
They last hosted the tournament in 2001 Sreedharan Pillai authoured Twelve books in
English and Malayalam, are being released in
119. Who among the following renowned Delhi, Goa and Kerala in April and May. Which
tennis player released his autobiography titled of the following book is writte n by Goa
“Crosscourt” in the presence of prominent Governor?
Indian tennis players such as Ramesh (a) Goa and the Blue Mountains
Krishnan and SomdevDevvarman? (b) A shortcut to Tipperary
(a) Vijay Amritraj (c) The Khajans of Goa
(b) Leander Paes (d) Goa Gold Goa Silver
(c) Mahesh Bhupathi (e) Moving to Goa
(d) Jaideep Mukherjee Answer: C
(e) Sania Mirza Twelve books written by Goa Governor P S
Answer: D Sreedharan Pillai, in English and Malayalam,
Renowned tennis player Jaideep Mukherjee are being released in Delhi, Goa and Kerala
released his autobiography titled “Crosscourt” in April and May.
in the presence of prominent Indian tennis With the release of these books, the Governor
players such as Ramesh Krishnan and will have authored 200 books in over five
SomdevDevvarman. decades of public life.
Titled Crosscourt, co-authored by Papri Sen The books will be exhibited at specific centres
Sri Raman, and published by Vitasta, it is a after the release.
welcome addition to India’s tennis literature. The celebrations of completing 50 years of
amazing writing will be done in Kozhikode.
Page 52 of 424
Goa Chief Minister Pramod Sawant will

release two of these books in Kozhikode on
April 28 and on May 2, Kerala Chief Minister 122. Which of the following stateme nts are
Pinarayi Vijayan will release one of the books incorrect regarding gross Goods and Service
in Thiruvananthapuram. Tax (GST) revenue collection?
One of the book written by Goa Governor is i) The gross Goods and Service Tax (GST)
“The Khajans of Goa”. revenue collection in April 2023 is 1,77,125
crore.
121. Where did the Arun Manilal Gandhi born ii) The total revenue of the Centre and the
who is the Mahatma Gandhi’s grandson, States in the month of April 2023 after regular
author and socio-political activist recently(May settlement is ₹84,304 crore for CGST and
2023) passed away at the age of 89 in ₹85,371 crore for the SGST
Kolhapur, Maharashtra? iii) April 2023 the revenues from domestic
(a) America transactions (including import of services) are
(b) South Africa 16% higher than the revenues from these
(c) India sources during the April 2022.
(d) England (a) Only I
(e) Sri lanka (b) Only I and III
Answer: B (c) II and III
Mahatma Gandhi’s grandson, author and (d) I and II
socio-political activist Arun Manilal Gandhi (e) All I, II and III
passed away at the age of 89 in Kolhapur, Answer: A
Maharashtra. The gross Goods and Service Tax (GST)
Arun Manilal Gandhi was born on 14 April revenue collection is the highest ever at Rs
1934, in Durban,South Africa. 1,87,035 crore for April 2023.
He was a South African-born Indian-American It includes Central Goods and Services Tax
author, and son of Manilal Gandhi , thus a (CGST) Rs 38,440 crore, State Goods and
grandson of nationalist le ader Mahatma Services Tax (SGST) Rs 47,412 crore,
Gandhi. Integrated Goods and Services Tax (IGST) Rs
In 2017, he published The Gift of Anger: And 89,158 crore (including Rs 34,972 crore
Other Lessons From My Grandfather collected on import of goods) and Cess Rs
Mahatma Gandhi (New York: Gallery 12,025 crore (Rs 901 crore collected on import
Books/Jeter Publishing 2017). of goods).
Page 53 of 424
The government has settled ₹45,864 crore to (c) ICICI Bank

CGST and ₹37,959 crore to SGST from IGST. (d) Yes Bank
The total revenue of the Centre and the States (e) IDFC FIRST bank
in the month of April 2023 after regular Answer: B
settlement is ₹84,304 crore for CGST and Axis Bank, India’s third largest private se ctor
₹85,371 crore for the SGST. Bank and India Shelter Finance Corporation
The revenue for April 2023 is 12% higher than Ltd (India Shelter), a Gurgaon based Housing
the GST revenue for the same month the Finance Company, announced a strategic
previous year. partnership under the co -lending model.
During the month,April 2023 the revenues With this partnership, both lenders will be
from domestic transactions (including import offering Secured Ministry of Micro, Small and
of services) are 16% higher than the revenues Medium Enterprises (MSME) loans to middle
from these sources during the same month and low income segment borrowers based in
last year. the semi-urban regions.
Gross GST collection for the first time has The partnership will leverage the deep
crossed the Rs 1.75 lakh crore mark. financial expertise of Axis Bank and the strong
On 20 April 2023, the highest ever tax loan processing technology of IndiaShelter to
collection was done in a single day in this assess the borrower’s credit profile and offer
month. them loans at optimal interest rates, ensuring
On 20th April 2023, ₹ 68,228 crore was paid a seamless banking experience.
through 9. 8 lakh transactions. India Shelter Housing Finance MD &CEO :
The highest single day payment last year (on Rupinder Singh
the same date) was ₹ 57,846 crore through
9.6 lakh transactions. 124. To offer gold loans with a seamless
online and offline experience to customers ,
DvaraSmartGoldrecently(May 2023)
123. Which of the following bank recently(May announced a strategic partnership with Jana
2023) announced a strategic partnership Small Finance Bank (SFB). Which of the
under the co-lending model with India Shelter following state customers initiallycan avail this
Finance Corporation Ltd (India Shelter), a offer?
Gurgaon based Housing Finance Company? (a) Karnataka
(a) HDFC bank (b) Tamil Nadu
(b) Axis Bank (c) Andhra Pradesh
Page 54 of 424
(d) Madhya Pradesh (e) Rs 28,564 crore

(e) Gujarat Answer: A
Answer: B In Financial Year 2022-23 (FY23), Foreign
DvaraSmartGold, a Fintech company that is portfolio investors (FPIs) withdrew Rs 29,921
building a full stack financial services offering, crore from the banking and financial services
anchored around gold as an asset class, sector, making i t the third highest loser of FPI
announced a strategic partnership with Jana money after Information Technology (IT)
Small Finance Bank (SFB) to offer gold loans Services (Rs 51,138 crore) and Oil & Gas (Rs
with a seamless online and offline experience 37,674 crore).
to customers. FPIs' stake in RBL Bank decreased by 4% to
Initially, this offering is available across Tamil 25% as of March 2023, while in IndusInd
Nadu, Chattisgarh and Maharashtra region. Bank, their exposure was trimmed by 4% to
To attract customers away from the traditional, 42.16%.
unregulated channels dominated by Similarly, FPIs' shareholding in HDFC Bank,
moneylenders and pawnbrokers. Bandhan Bank, and Kotak Mahindra Bank
Under this partnership, DvaraSmartGold, decreased by 3%, 2%, and 1%, respectively.
which is a fintech and a portfolio company of However, their stake in ICICI Bank remained
Dvara Holdings (formerly Dvara Trust), will unchanged at 44% in FY23.
provide gold loans to its customers with Jana During the previous fiscal, FPIs increased
SFB as the lending provider. their stake in banks such as Yes Bank (by
Customers of DvaraSmartGold will have the 12%), IDFC First Bank (6%), and Axis Bank
option to use the platform to apply for gold (2%).
loans and receive funds directly in their bank FPIs' holding in Yes Bank rose to 23.1% as of
accounts. March 2023 from 10.97% in March 2022,
primarily due to private equity majors Carlyle
125. Recently(May 2023), What is the amount and Advent acquiring a 9.99% stake in Yes
withdrawed by Foreign portfolio investors Bank for around ₹8,896 crore during the
(FPIs) from the banking and financial services December quarter.
sector in Financial Year 2022 -23 (FY23)?
(a) Rs 29,921 crore 126. The Asian Development Bank (ADB) has
(b) Rs 51,138 crore recently(May 2023) announced the Innovative
(c) Rs 37,674 crore Finance Facility for Climate in Asia and the
(d) Rs 46,415 crore Pacific (IF-CAP) program to accelerate climate
Page 55 of 424
change financing in the region. Wha t is the customers in partnership with National E -
ADB’s target on climate finance by 2030? Governance Service Limited (NeSL)?
(a) $100 billion (a) City Union Bank
(b) $150 billion (b) CSB Bank
(c) $75 billion (c) Federal Bank
(d) $25 billion (d) Karur Vysya Bank
(e) $50 billion (e) South Indian Bank
Answer: A Answer: E
The Asian Development Bank (ADB) has The South Indian Bank has introduced an e-
announced the Innovative Finance Facility for BG (Electronic Bank Guarantee) facility for its
Climate in Asia and the Pacific (IF-CAP) customers in partnership with National E -
program to accelerate climate change Governance Service Limited (NeSL).
financing in the region. It facilitates API-based paperless issues of
IF-CAP's initial partners are Denmark, Japan, bank guarantees, thereby reducing the need
the Republic of Korea, Sweden, the United for physical documentation and record
Kingdom, and the United States. maintenance.
IF-CAP financing will contribute to ADB’s South Indian Bank issued its First e-BG
ambition for $100 billion from its resources for favouring a leading Public Sector Unit in April,
combating climate change for 2019 –2030. 2023 for an amount of Rs.4.57 crore through
ADB is committed to achieving inclusive, NeSL.
resilient, and sustainable Asia and the Pacific, The facility replaces the existing manual and
while sustaining its efforts to eradicate paper-based model of issuing Bank
extreme poverty. Guarantees.
IF-CAP’s initial ambition of $3 billion in Paper-based BGs involve manual intervention
guarantees could create up to $15 billion in for stamping, signing and transferring the
new climate investment. physical BGs while e-BGs are stamped
It will contribute to ADB’s raised ambition of electronically, eliminating the need for
$100 billion in climate finance for 2019-2030. purchasing of physical stamp paper, printing
the documents and physical signatures.
127. Which of the following bank has This initiative will reduce turnaround time and
recently(May 2023) introduced an e-BG promote ease of doing business for business
(Electronic Bank Guarantee) facility for its customers of the bank.
Page 56 of 424
e-BG of NeSL has been developed in 129. The Union Housing and Urban Affairs
association with Indian Banks’ Association in Ministry has recently(May 2023) decided to
response to banks’ requirements for a digital extend the Smart Cities Mission deadlin e by
product. one year, from June 2023 to June 2024. When
was the Smart Cities Missionlaunched?
128. Which of the following has recently(May (a) 2012
2023) introduced the Group Post Retirement (b) 2010
Medical Benefit Scheme? (c) 2015
(a) Aditya Birla SunLife Insurance (d) 2018
(b) Life Insurance Corporation of India (e) 2016
(c) Bajaj Allianz Life Insurance Answer: C
(d) PNB MetLife India Insurance The Centre has decided to extend the Smart
(e) TATA AIA Life Insurance Cities Mission deadline by one year, from
Answer: B June 2023 to June 2024.
The Life Insurance Corporation of India (LIC) The flagship mission was launched on June
has introduced the Group Post Retirement 25, 2015
Medical Benefit Scheme. It involves the development of 100 cities into
The plan is a Non-Linked, Non-Participating, smart cities.
Life, Group Savings Insurance product. The project aims to improve the quality of life
The plan is available for any employer with 50 for people living in India and drive economic
or more employees. growth.
The plan helps to meet the employer’s The Union Ministry of Urban Development is
obligation for Post-Retirement Medical Benefit responsible for implementing the mission.
to their employees. Also, a Special Purpose Vehicle (SPV) in each
The plan also offers a fixed Life Cover Benefit state is created, headed by the CEO; they
(Sum Assured) to each member. look after the implementation of the mission.
Any employer willing to fund for their According to the officials, out of 100 cities,
Employees’ Benefit may adopt the scheme. around 50 have completed close to 75 per
The product is an addition to the bouquet of cent of their projects and are on track to
LIC’s eleven Group products and one Group complete the remaining works by June 2023.
Accident Benefit Rider. The ministry said that the government has
released around Rs 38,000 crore to 100 cities.
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Combining this with state and urban local energy mix in favour of renewables to about
bodies releases, the cumulative amount of 80% by 2070-71.
funds released to cities stands at Rs 71,000 The green financing requirements in India
crore. could be at least 5% of GDP annually to
address the infrastructure gap caused by
130. According to the recent report(May 2023) climate events.
by the Reserve Bank of India, India needs to Results of a climate stress test reveal that
spend an estimated Rs. 85.6 lakh crores public sector banks (PSBs) may be more
($1.05 trillion) by 2030 to adapt its various vulnerable than private sector banks.
industries to be compliant with climate change Globally, however, the measurement of
norms. What will be the India’s carbon dioxide climate-related financial risks remains a work
emission levels by 2030 i f no policy action is in progress.
taken? Different sectors of the economy have
(a) 3.1 gigatonnes different emission intensities, so it is advisable
(b) 2.9 gigatonnes to not have a uniform climate mitigation
(c) 3.9 gigatonnes strategy across sectors.
(d) 3.5 gigatonnes Without any policy action, India’s carbon
(e) 2.5 gigatonnes dioxide emission levels may rise to 3.9
Answer: C gigatonnes by 2030, from 2.7 gigatonnes in
India needs to spend an estimated Rs. 85.6 2021.
lakh crores ($1.05 trillion) by 2030 to adapt its
various industries to be compliant with climate 131. Recently(May 2023), according to the
change norms, a report by the Reserve Bank ‘Internet in India Report 2022’ jointly prepared
of India. by the Internet and Mobile Association of India
Report theme: Towards a Greener Cleaner (IAMAI) and KANTAR, what is the increased
India percentage of number of active internet users
The report is written by contributors from the in 2022?
Department of Economic and Policy (a) 12%
Research. (b) 10%
India’s goal of achieving the net zero target by (c) 15%
2070 would require an accelerated reduction (d) 25%
in the energy intensity of GDP by about 5% (e) 30%
annually and a significant improvement in its Answer: B
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As many as 759 million Indians, around 52 per quantify heat hazard, generate impact-based
cent of the country, access the internet at heatwave alerts for specific locations. Which
least once a month but a digital divide of the following parameters used to measure
continues among states. heat index?
The number of active internet users in the (a) Temperature
country grew by almost 10 per cent in 2022, (b) Humidity
according to the ‘Internet in India Report (c) Wind
2022’, jointly prepared by the Internet and (d) Duration of Exposure
Mobile Association of India (IAMAI) and (e) All the above
KANTAR. Answer: E
This is the first time that a majority of Indians India to launch its own heat index next year to
have become active internet users. quantify heat hazard, generate impact-based
The report estimates that India is likely to have heatwave alerts for specific locations.
around 900 million total active users by 2025. Heat index is a measure of how hot it feels
In urban India, internet penetration stands when humidity is factored in along with the air
near 71 per cent and the number of active temperature, and the figures were calculated
users there grew some 6 per cent in 2022. using data from the India Me teorological
In rural India, internet penetration jumped Department (IMD).
around 14 per cent over the previous year. It is also known as the apparent temperature.
Currently, 399 million active internet users are Along with temperature and humidity, it will
in rural India and 360 million are from urban integrate other parameters such as wind an d
India. duration of exposure.
It is estimated that 56 per cent of all new It will be an effective indicator of heat stress
internet users will be from rural India by 2025. for people.
The report also highlights a gender disparity in Heat hazard score will depict the severity in
internet usage: 54 per cent of users are male. terms of numbers, such as on a scale of 1 to
However, it added that 57 per cent of all new 10.
users in 2022 were females. The major difference between the heat index
Around 65 per cent of all new users to be of the US and India’s heat hazard score is that
added by 2025 will likely be women. the latter also considers other parameters that
aggravate heat situations such as minimum
132. Recently(May 2023), India plans to temperature, wind and exposure duration.
launch its own heat index next year (2024)to
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The IMD has predicted above-normal The survey comprises various indicators of
maximum temperature and more heatwave backwardness such as occupation,
days in eastern and central-eastern parts of educational qualification, type of educational
the country in May. institutions attended by members of the
Recently as per World Meteorological households, and educational conditions of the
Organisation (WMO) global mean temperature backwardness in Odisha.
in 2022 was 1.15 degrees Celsius above the The Odisha State Commission will open
pre-industrial (1850-1900) average, making it centres in all the Anganwadi kendras.
the “fifth or sixth” warmest year on record The survey is being carried out under the
despite the La Nina conditions. provisions of section 9 of the Odisha State
Commission for Backward Classes (OSCBC)
133. In which of the following state, survey of Act, 1993 and OSCBC (Amendment) Act,
the other backward classes (OBCs) was 2020.
recently (May 2023) started? Under the survey, families will have to give
(a) Bihar details of their ration and Aadhaar cards or
(b) Rajasthan voter identity cards of their members.
(c) Odisha The social and educational conditions of 208
(d) Maharashtra OBC communities enlisted by the state
(e) Uttar Pradesh government will be collected during the
Answer: C survey, which will be followed by a special
The survey of the other backward classes drive to ensure that none were left out across
(OBCs) was started across Odisha.
The survey is being conducted by the Odisha 134. World Press Freedom Day was observed
State Commission for Backward Classes in every year on May 3. From which of the
both online and offline mode and will continue following year, itis observed?
till May 27, 2023. (a) 1995
To get a clear picture about the status of (b) 1997
Socially and Educationally Backward Classes (c) 1992
(SEBC). (d) 1987
It is being carried out in all 314 blocks and 114 (e) 1985
urban local bodies of Odisha. Answer: B
Odisha is the second state after Bihar to NiloofarHamedi, Elaheh Mohammadi and
conduct OBC survey. Narges Mohammadi have been named as the
Page 60 of 424
laureates of the 2023 UNESCO/Guillermo (d) Uttar Pradesh

Cano World Press Freedom Prize, following (e) Punjab
the recommendation of an International Jury Answer: B
of media professionals. Former Lok Sabha MP Pandit Ramkishan was
The winners are NiloufarHamedi who broke awarded the title of Shatabdi Purush (Man of
the news that 22-year-old MahsaAmini died the Century) in New Delhi, in recognition of his
last September while being held by the efforts as a socialist leader.
morality police for wearing her headscarf too Appreciation letter was issued on birth
loosely, and Elaheh Mohammadi who wrote centenary celebrations of socialist ideologue
about her funeral. and eminent parliamentarian Madhu Limaye.
The third winner is Narges Mohammadi, who Ramkishan was arrested several times while
has worked for many years as a journalist and fighting for the tribals, Dalits and the poor.
is one of Iran’s most prominent activists. He had mobilised farmers and farm labourers
The UN Educational Scientific and Cultural in Rajasthan’s Bharatpur-Banswara region
Organization World Press Freedom Prize is during 1958-60 at the request of socialist icon
named for Guillermo Cano, a Colombian Dr Ram Manohar Lohia.
journalism who was assassinated in front of Ramkishan was imprisoned numerous times,
the offices of his newspaper El Espectador in including during the Emergency, and had also
Bogota on Dec. 17, 1986. actively participated in the movements led by
Unesco has awarded the prize to coincide with socialist leaders Jayaprakash Narayan and
World Press Freedom Day on May 3 since Lohia.
1997. In 1977, he was elected once to the Lok
Sabha, and four times to the Rajasthan
135. Former Lok Sabha MP Pandit Legislative Assembly in 1962, 1 967, 1974 and
Ramkishan was recently(May 2023) awarded 1990x
the title of Shatabdi Purush (Man of the
Century) in New Delhi, in recognition of his
efforts as a socialist leader. In which of the 136. According to the latest report World
following state Legislative Assembly, he was Press Freedom Index 2023 recently(May
elected four times? 2023) released by global media watchdog
(a) Bihar Reporters Without Borders (RSF), what is the
(b) Rajasthan rank of India?
(c) Madhya Pradesh (a) 156
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(b) 141 Press freedom in India has gone from

(c) 161 “problematic” to “very bad”, with the country
(d) 176 slipping 11 ranks since the 2022 report.
(e) 172 The World Press Freedom Index revealed that
Answer: C press freedom in 31 is in a “very serious
According to the latest report released by situation”.
global media watchdog RSF, India’s rank has Except for Bangladesh (163), Myanmar (173)
slipped to 161 out of 180 countries in the 2023 and China (179), all other neighbours have a
World Press Freedom Index. India has fallen better rank than India -- Bhutan (90), Nepal
11 positions in the World Press Freedom (95), Sri Lanka (135), Pakistan (150),
Index 2023. Afghanistan (152).
The 21st edition of the World Press Freedom India was positioned 169 in political indicators
Index was released by Reporters Without while it was 144 in legislative, 155 in
Borders (RSF). economic, 143 in social indicators and 172 in
In this index, the rank of India was 150 in 2022 the safety of journalists.
and 142 in 2021.
In comparison, Pakistan has fared better in
terms of media freedom as it improved from 137. Recently(May 2023), what is the rank of
last year's 157th rank to 150th. Tamil Nadu according to the National
In this index, Sri Lanka has also made a Manufacturing Innovation Survey (NMIS)
significant improvement, ranking 135 this year 2021-22 done jointly by the De partment of
as compared to 146 in 2022. Science and Technology (DST) and the
The Nordic trio of Norway, Ireland and United Nations Industrial Development
Denmark continue to hold the top three Organization (UNIDO)?
positions in press freedom index. (a) 2nd
Vietnam, China and North Korea ranked in the (b) 4th
bottom three. (c) 3rd
The World Press Freedom Index is based on (d) 5th
five indicators including the Political indicator, (e) 7th
Economic indicator, Legislative indicator, Answer: D
Social indicator and Security indicator. The National Manufacturing Innovation Survey
(NMIS) 2021-22 has ranked Karnataka as the
most “innovative” State.
Page 62 of 424
It is a joint study by the Department of Science respectively, among the total manufacturing
and Technology (DST) and the United Nations firms surveyed from the respective states.
Industrial Development Organization (UNIDO) Odisha, Bihar, and Jharkhand reported the
It captured data related to types of innovations least share of innovative firms at 12.78 per
and innovative measures taken by firms, cent, 13.47 per cent and 13.71 per cent,
including the process of innovation, access to respectively.
finance, resources, and information for In 2019, the Department of Science and
innovation etc. Technology decided to follow up with a
The first National Innovation Survey was held second nationwide innovation survey and
in 2011. assigned the innovation survey to the United
In Overall Karnataka was followed by Dadra Nations Industrial Development Organization
and Nagar Haveli, Daman and Diu, (UNIDO), with a view to focus on
Telangana, and Tamil Nadu. manufacturing and associated services spread
DST ranked Karnataka, followed by across large, medium, small, and micro-
Telangana, Tamil Nadu, Maharashtra, and enterprises
Haryana as high innovation states.
Uttarakhand has the highest score among the 138. Which of the following state in Kerala has
hill states, while Dadra and Nagar Haveli and recently(May 2023) become the first district in
Daman and Diu has the highest score among India to be declared ODF (open defecation -
the UTs. free) Plus?
According to the report, which has carried out (a) Ernakulam
its survey across over 8,000 firms in 28 states (b) Wayanad
and 6 Union Territories (UTs), covering (c) Kasargod
manufacturing and related service sector and (d) Kottayam
MSMEs, found that there is a need to increase (e) Thiruvananthapuram
innovation in manufacturing. Answer: B
The report states that only 25.01 per cent of Wayanad, Kerala has become the first district
the 8,074 firms surveyed were considered in the country to be declared ODF (open
innovative. defecation-free) Plus.
Telangana, Karnataka, and Tamil Nadu had ODF stands for Open Defecation Free.
the highest share of innovative firms at 46.18 The ODF programme is part of the Swachh
per cent, 39.10 per cent and 31.90 per cent, Bharat Mission, which was launched on
October 2, 2014, by the Indian government to
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achieve cleanliness and sanitation across the The Green bond issuance by REC Limited
country. reinforces its status as one of the most
The Wayanad district secured the first position accomplished and frequent issuers in the
in the ODF Plus rankings in the three-star international capital markets.
category followed by Anupur in Madya It also marks the first Green Bond issuance by
Pradesh and Mancheriyal district in an Indian company post-India’s G20
Telangana. Presidency.
Wayanad scored a perfect 100 points in the
ODF ranking, while Mancheriyal and Anupur 140. Who has been recently(May 2023)
got 90.45 and 88.79 points, respectively. appointed as the 14th president of World
ODF+ and ODF++ are aimed at the proper Bank?
maintenance of toilet facilities and the safe (a) Shanu Biswas
collection, conveyance, treatment, or disposal (b) David Malpass
of faecal sludge and sewage. (c) Anna Bjerde
ODF+ focuses on toilets with water, (d) Ajay Banga
maintenance and hygiene (e) Ferid Belhaj
ODF++ focuses on toilets with sludge and Answer: D
septage management. An India-American and a former Mastercard
Chief Executive Officer (CEO), Ajay Banga
139. What is the worth of the Green bonds has been appointed as the 14th president of
issued recently(May 2023) by REC Limited World Bank.
and listed at GIFT IFSC Stock Exchange s? His term, which begins on June 2,2023 will
(a) $625 million last for the next 5 years.
(b) $750 million A 25-member executive board confirmed
(c) $780 million Banga for the post after following a selection
(d) $600 million process agreed by shareholders in 2011.
(e) $710 million 24 members of the World Bank’s executive
Answer: B board voted in Banga’s election & Russia
REC Limited, a Maharatna power finance abstained from voting.
company has exclusively listed its recently He is the first-ever Indian-American and Sikh-
issued Green bonds worth $750 million at American to head either of the two top
GIFT IFSC Stock Exchanges, under i ts Global international financial institutions: the
Medium Term Programme of $7 billion.
Page 64 of 424
International Monetary Fund and the World 142. For which of the following limited, the
Bank. Public Enterprises Selection Board (PESB)
He will replace David Malpass, who is has recently(May 2023) recommended
stepping down early amid criticism over his PolavarapuMallikharjuna Prasad for the post
stance on climate change. of Chairman and Managing Director?
Banga was nominated for the post by the US (a) Power Finance Corporation Limited
President Joe Biden in late February, 2023. (b) Indian Oil Corporation Limited
(c) Oil and Natural gas Corporation
141. Justice Sarasa Venkatanarayana Bhatti (d) Coal India Limited
has recently(May 2023) appointed by the (e) Hindustan Petroleum Corporation Limited
Central government as acting Chief Justice Answer: D
(CJ) in which of the following state ? The Public Enterprises Selection Board
(a) Kerala (PESB) has recommended
(b) Andhra Pradesh PolavarapuMallikharjuna Prasad for the post
(c) Karnataka of Chairman and Managing Director at Coal
(d) Tamil Nadu India Limited (CIL).
(e) Maharashtra Prasad is expected to take the charge from
Answer: A July 1, 2023.
The Central government has appointed He will take over the baton from serving CMD
Justice Sarasa Venkatanarayana Bhatti as the Pramod Agrawal, whose term ends on June
acting Chief Justice (CJ) of Kerala. 30, 2023.
Justice Bhatti succeeds Justice S. Manikumar Currently, Prasad is the chairman cum
who retired. managing director of the Ranchi-based CIL
Justice Bhatti, a native of Andhra Pradesh arm – Central Coalfields Ltd (CCL).
(AP), began his career as a lawyer in
Hyderabad in 1987. 143. Which of the following country’s National
Justice Bhatti was appointed as a judge to the Defence Forces has recently(May 2023)
High Court of the undivided State of Andhra received a two 'Made in India' platforms Fast
Pradesh (AP) in April 2013. Patrol Vessel and a Landing Craft Assault ship
He joined the Kerala High Court as a judge in handed over by India’s Defence Minister Shri
March 2019. Rajnath Singh?
(a) Maldives
(b) Nepal
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(c) Afghanistan Luca Brecel has won his first-ever world title
(d) Bhutan after beating Mark Selby 18 -15 in an
(e) Bangladesh enthralling World Championship finale at the
Answer: A Crucible.
India’s Defence Minister S hri Rajnath Singh Brecel, 28, was made to wait for his crowning
handed over two 'Made in India' platforms, a moment, with Selby staging a superb
Fast Patrol Vessel and a Landing Craft fightback after his opponent moved to within
Assault ship, to the Maldives National Defence two frames of victory.
Forces (MNDF). Brecel, 28, is just the fourth non-British winner
He described the handing over of the two at the Crucible and the first overseas player to
Made in India platforms as a symbol of the triumph since Neil Robertson in 2010.
shared commitment of India and the Maldives Luca Brecel belongs to Belgium
towards peace and security in the Indian The International Billiards & Snooker
Ocean Region (IOR). Federation is an organisation that governs
The Fast Patrol Vessel, capable of coastal non-professional snooker and English billiards
and offshore surveillance at high speeds, was around the world.
commissioned as the MNDF Coast Guard ship The organisation is headquartered in Doha,
Huravee. Qatar.
President of Maldives Mr Ibrahim Mohamed Founded: 1971
Solih and Defence Minister Ms Mariya Ahmed
Didi were present on the occasion 145. Recently(May 2023)Bandhavgarh
National Park is seen in news.In which of the
144. Luca Brecel recently(May 2023) won following state Bandhavgarh National Park is
world Snooker Championship title by defeating situated?
Mark Selby. Luca Brecel belongs to which of (a) Madhya Pradesh
the following country? (b) Karnataka
(a) UK (c) Gujarat
(b) USA (d) Andhra Pradesh
(c) Germany (e) Bihar
(d) Russia Answer: A
(e) Belgium Archeologists have uncovered several
Answer: E archaeological treasures from the
Page 66 of 424
Bandhavgarh National Park in Madhya UPL will provide technical expertise and select
Pradesh. agriculture inputs, while Guyana will provide
They have discovered paintings, water bodies land for the local farm operation.
that are man-made, along with a few other The year 2023 has been designated as the
pieces of evidence. International Year of Millets, and the Indian
Archeologists also got hold of a 1,500-year-old government is making great efforts to
rock painting, along with several man-made establish India as the global centre for millets.
water bodies, which are believed to be no In New Delhi's DilliHaat, the Millets
lesser than 1,800-2,000 years old, from the Experience Centre (MEC) was recently
national park in Madhya Pradesh. opened by India's Minister of Agriculture,
It is located in the Umaria district of Madhya Narendra Singh Tomar.
Pradesh.It is spread over the Vindhya hills.
Primary Tag: Business
146. With which of the following country UPL Secondary Tag: Outline
has recently(May 2023) signed a 147. Which of the following port of Adani Ports
memorandum of understanding to establish a and Special Economic Zone Ltd has
200-acre ‘Millets Model Farm’? recently(May 2023) sold for $30 million?
(a) Brazil (a) Myanmar Port
(b) Guyana (b) Krishnapatnam Port
(c) Argentina (c) Tuna Port
(d) Peru (d) Dahej Port
(e) Bolivia (e) Hazira Port
Answer: B Answer: A
UPL, an agrochemical and speciality Adani Ports and Special Economic Zone Ltd
chemicals company, has signed a (APSEZ) has concluded the Myanmar Port
memorandum of understanding w ith the sale for a total consideration of USD 30
Republic of Guyana to establish a 200 -acre million.
‘Millets Model Farm’. In May 2022, APSEZ had announced signing
The company will study various millet varieties of a Share Purchase Agreement (SPA) for the
to identify those that are suitable for cultivation sale of its Myanmar Port.
and consumption in Guyana. APSEZ, the largest port developer in India, is
part of the globally diversified Adani Group.
Page 67 of 424
Karan Adani, CEO and Whole-time Director, In merchandise trade, India has a share of
APSEZ 1.77 per cent in world exports and 2.54 per
cent in world imports.
148. What is the India’s services exports
recently(May 2023) surged by a record 26.6 149. Who has been recently(May 2023)
per cent in 2022-23 (FY23), data released by elected to the 2023 Badminton World
the Reserve Bank of India (RBI)? Federation (BWF) Hall of Fame?
(a) $256 billion (a) Lee Chong Wei
(b) $311 billion (b) Carolina Marin
(c) $276 billion (c) Lin Dan
(d) $322 billion (d) Only A and B
(e) $345 billion (e) Only A and C
Answer: D Answer: E
According to data released by the Reserve China’s Lin Dan and Malaysia’s Lee Chong
Bank of India (RBI) India’s services exports Wei have been elected to the 2023 Badminton
shot up by a record 26.6 per cent in 2022 -23 World Federation (BWF) Hall of Fame.
(FY23) to $322 billion. Lee and Lin, who retired in 2019 and 2020
Services imports, on the other hand, grew respectively after glorious careers, will be
22.2 per cent to $179.7 billion, leading to a inducted at a ceremony on May 26 at the
services trade surplus of $142.5 billion. Kuala Lumpur Convention Centre in Malaysia.
India’s services exports range from Chong Wei and Lin Dan had dominated the
information technology (IT) to services men’s singles for two decades until their
provided by doctors and nurses abroad. retirements in 2019 and 2020 respectively.
The government has set a target of $2 trillion Chong Wei finished with 47 World Tour titles
combined exports of goods and services by and was ranked world No. 1 for 349 weeks.
2030. Meanwhile, Lin Dan captured two Olympics
According to the World Trade Organization gold medals and five world titles.Badminton
data for 2021, India has a share of 4 per cent World Federation Headquarters: Kuala
in global commercial services exports and Lumpur, Malaysia.
3.52 per cent in global commercial services
imports. 150. Recently(May 2023), in which of the
following country 56th Annual General
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Meeting of the Board of Governors of the (a) IDBI Bank

Asian Development Bank (ADB) were held? (b) IDFC FIRST bank
(a) Japan (c) Yes Bank
(b) Germany (d) Axis Bank
(c) China (e) HDFC bank
(d) USA Answer: E
(e) South Korea HDFC Bank launched its retail banking
Answer: E programme ‘Vishesh’ for customers in semi -
Finance Minister Smt. Nirmala Sitharaman is urban and rural geographies wherein it plans
leading the India delegation at the 56th Annual to onboard around 1 lakh new customers.
General Meeting of the Board of Governors of As a part of this, the bank plans to add more
the Asian Development Bank (ADB). branches and launch customised, tailor-made
The Annual General Meeting is being held at products and financial solutions for this market
the Republic of Korea, from 2nd May to 5th segment.
May 2023. This move will help the bank meet some of its
During the event, the Union Minister of Priority Sector Lending (PSL) targets.
Finance will participate in: HDFC Bank will look to add 675 branches in
Meetings with Global Economists, semi-urban and rural geographies in FY24 to
Governors/Finance Ministers of the ADB take the total number to nearly 5,000.
member countries, etc. The bank had 7,821 branches and 19,727
Bilateral engagements with countries and automated teller machines across 3,811 cities
international organizations. and towns in India as on March 31,2023.
Interaction with global business leaders and Features of the programme include a
investors in roundtables. dedicated personal banker; facility extendable
The event will be attended by officials of ADB to 8 family members; up to 50% discount on
member countries, banks, financial processing fees in gold loan and 50% waiver
institutions, non-governmental organizations, on valuation (once a year); and up to 50% off
civil society organizations, media, etc. on processing fees on construction
equipment, tractors, personal, business, auto
151. Recently(May 2023), Which of the and two-wheeler loans
following bank launched the retail banking
programme ‘Vishesh’ for customers in semi - 152. Recently(May 2023), Capital Small
urban and rural geographies? Finance Bankhas partnered with which of the
Page 69 of 424
following Life Insurance Companyto offer life (a) 25

insurance offerings to its customers? (b) 20
(a) Max Life Insurance Company Limited (c) 30
(b) ICICI Prudential Life Insurance Limited (d) 21
(c) HDFC life insurance Limited (e) 32
(d) Only A and B Answer: C
(e) All A, B and C Cashfree Payments and YES Bank have
Answer: E partnered to offer ‘Global Collections’, an
Capital Small Finance Bank Limited and Max international collection service for exporters,
Life Insurance Company Limited entered into who are account holders of YES Bank.
a partnership to offer life insurance offerings to Under this partnership, the bank’s account
Capital SFB’s customers. holders will be able to collect payments in over
Through this tie-up, Max Life and Capital SFB 30 foreign currencies using the Global
will offer their customers a range of savings, Collections service.
protection, retirement, and group life The funds so received can then be converted
insurance plans. into rupee and settled into their local bank
Max Life will pave the way for the bank account in India within one business day.
customers across the branches and other The products will also provide clients with
partnership channels, to access and avail dedicated facilities in 4 different currencies,
innovative, flexible and varied life insurance United States dollar (USD), Euro (EUR),
products. pound sterling (GBP), and Canadian Dollar
Prior to Max Life, Capital Small Finance Bank (CAD).
has also partnered with ICICI Prudential Life Additionally, it will also enable global
Insurance Limited and HDFC life insurance collections in over 30 currencies up to the
Limited to provide their life insurance products equivalent of USD 10,000 in line with the
to its customers. Reserve Bank of India’s (RBI’s) Online
Payment Gateway Service Providers
153. Recently(May 2023), ‘ Global Collections’ (OPGSP) requirements and guideli nes.
is an international collection service for Exporters will be able to share their payment
exporters offered in a partnership by Cashfree collection details with their buyers over email,
Payments and YES Bank. In how much SMS or WhatsApp, and the buyers will be able
number of foreign currencies, payments can to make payments using local rails like
be collected by the bank’s account holders?
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Automated Clearing House (ACH), Single The digital lending market is expected to touch
Euro Payments Area (SEPA), etc. $350 billion by the end of 2023 at a growth
Exporters will receive their settlements in an rate of 11 to 12% annually.
INR format in their local bank accounts in The app will cater to all segments but will
India and will be able to get foreign inward focus on tier 2 and 3 cities as that’s where the
remittances advice within 24 hours. growth is expected to come from.
The launch of Global Collections will empower
the exporters to have real-time access and 155. Recently(May 2023), Fincare Small
control over their payments and collections Finance Bank has filed a draft red herring
journey. prospectus (DRHP) with the Securitie s and
Co-Founder of CashfreePayments :Reeju Exchange Board of India (SEBI) for an initial
Datta. public offering (IPO). What is the capitalraised
through a fresh issue of shares through the
154. Recently(May 2023), Which of the IPO?
following Finance companies has launched an (a) Rs 567 crore
app called Ma-Money to offer hassle-free (b) Rs 625 crore
loans at the click of a mouse? (c) Rs 700 crore
(a) Shriram Finance (d) Rs 715 crore
(b) CholamandalamFinance (e) Rs 675 crore
(c) Muthoot Finance Answer: B
(d) Manappuram Finance Fincare Small Finance Bank has filed a draft
(e) Mahindra Finance red herring prospectus (DRHP) with the
Answer: D Securities and Exchange Board of India
Tapping huge business opportunities in the (SEBI) for an initial public offering (IPO).
digital lending platform, Manappuram Finance The IPO will include capital raised through a
has ventured into this burgeoning sector with fresh issue of shares of up to Rs 625 crore,
the introduction of an app called Ma -Money to and offer-for-sale of up to 1.7 crore shares by
offer hassle-free loans at the click of a mouse. the promoters and existing shareholders.
The objective of introducing the new app, The proceeds from the fresh issue will be
which will cover all the products of the used to augment its tier-I capital base.
company under one umbrella, is to make the The offer-for-sale comprises sale of up to 1.5
loan process simpler, quicker, and more crore shares by the promoter, Fincare
convenient. Business Services, 4.7 lakh shares by Wagner
Page 71 of 424
Ltd, 4.4 lakh shares by True North Fund V April 2023 after peaking in the previous
LLP, 4.3 lakh shares by Indium IV (Mauritius) month.
Holdings, 2.2 lakh shares by Omega TC As per the National Payments Corporation of
Holdings PTE, and 1.3 lakh shares by India’s (NPCI) “UPI Monthly Product
Leapfrog Rural Inclusion (India). Statistics”, Transaction volumes declined
Institutional sales include the sale of up to 1.3 7.96% month-on-month (m-o-m) in April 2023
lakh shares by Kotak Mahindra Life Insurance, to 796.29 crore against 865.16 crore in March
1.2 lakh shares by Edelweiss Tokio Life 2023.
Insurance; 45,710 shares by Bharti AXA Life Transaction value declined 9.51% m-o-m in
Insurance, 35,092 shares by Silver Leaf Oak April 2023 to ₹12.71 lakh crore against ₹14.04
(Mauritius), 20,572 shares by Tata Capital lakh crore in March 2023.
Financial Services, and 19,237 shares by UPI is a single mobile application for
Zuno General Insurance (formerly Edelweiss accessing different bank accounts.
General Insurance). Its features include immediate money transfer
ICICI Securities, Axis Capital, IIFL Securities, through mobile devices round the clock
SBI Capital Markets and Ambit Private are the allows “Pull & Push”/ send/collect money
book-running lead managers to the issue. transactions with virtual address; allows utility
bill payments, over the counter payments, QR
156. Recently(May 2023), According to the code -based payments.
recent report “UPI Monthly Product Statistics” RuPay credit cards have been linked to UPI.
by National Payments Corporation of India’s This is in addition to the existing facility of
(NPCI), what is the declined percentage of the linkage of UPI with deposit accounts
Transaction Volume and Transaction valueof
April 2023 respectively? 157. Which of the following statements are
(a) 7.77% and 9.91% correct regarding G20 TechSprint 2023under
(b) 7.96% and 9.51% India’s G20 Presidency?
(c) 6.25% and 8.34% i) Securities and Exchange Board of India
(d) 8.11% and 9.32% (SEBI) and the BIS Innovation Hub
(e) 8.06% and 9.51% (BISIH)jointly launched the 4th edition of the
Answer: B G20 TechSprint, 2023to promote innovative
Unified Payments Interface (UPI) transactions solutions aimed at improving cross-border
declined in volume as well as value terms in payments
Page 72 of 424
ii) The 2023 edition of the TechSprint will Anti Money Laundering (AML)/Combating the
focus on 3 problem statements. They are Anti Financing of Terrorism (CFT) /Sanctions
Money Laundering (AML), Foreign Exchange technology solutions to reduce illicit finance
(FX) and Technology solutions for multilateral risk.
cross-border Central Bank Digital Currencies Foreign Exchange (FX) and liquidity
(CBDCs) platforms technology solutions to enable settlement in
iii) The winners for each problem statement emerging market and developing economy
will receive an award of INR 40,00,000 (EMDE) currencies.
(a) Only I Technology solutions for multilateral cross -
(b) Only I and III border Central Bank Digital Currencies
(c) II and III (CBDCs) platforms.
(d) I and II Shortlisted teams will be invited to develop
(e) All I, II and III their solutions over a 6-week period and each
Answer: C team will be eligible for a stipend of INR
Under India’s G20 Presidency, the Reserve 8,00,000 (approximately USD 10,000).
Bank of India (RBI) and the BIS Innovation An independent panel of experts will select the
Hub (BISIH) of the Bank for International most promising solution to each problem
Settlements (BIS) have jointly launched the statement from the shortlisted solutions, to be
4th edition of the G20 TechSprint,2023 a announced at a final event in August/
global technology competition to promote September 2023.
innovative solutions aimed at improving cross- The winners for each problem statement will
border payments. receive an award of INR 40,00,000
The competition is open to developers from (approximately USD 50,000).
around the world for submitting applications
from May 04, 2023 to June 04, 2023 and the 158. Recently(May 2023), Edelweiss Financial
TechSprint will conclude around August/ Services Limited (EFSL) has received the
September 2023. National Company Law Tribunal (NCLT)
RBI and BIS invite global innovators to help approval for spinning off its wealth
develop innovative technology solutions for management business and what is the name
cross-border payments. of the listing Wealth Management Limited?
The 2023 edition of the TechSprint will focus (a) Anand Wealth Management Limited
on 3 problem statements on cross-border (b) Motilal OswalWealth Management Limited
payments formulated by RBI and the BISIH- (c) Nuvama Wealth Management Limited
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(d) LifeWealth Management Limited (GST) Sahay app, developed by Ahmedabad-

(e) Centrum Wealth Management Limited based start-up Online PSB Loans (OPL)?
Answer: C (a) 5 Lakh
Edelweiss Financial Services Limited (EFSL) (b) 3 Lakh
has received the National Company Law (c) 10 Lakh
Tribunal (NCLT) approval for spinning off its (d) 2 Lakh
wealth management business and listing it as (e) 12 Lakh
Nuvama Wealth Management Limited Answer: D
(NWML). The Goods and Services Tax (GST) Sahay
In 2020, Pacific Alliance Group (PAG) had app, developed by Ahmedabad-based start-up
invested in the Wealth Management business digital credit platform provider Online PSB
of Edelweiss and the company announced the Loans (OPL) will enable small store -owners,
demerger and subsequent listing of its wealth kirana/grocers and other micro -small and
management business. medium enterprises (MSMEs) to secure
In February,2023 shareholders of Edelweiss instant bank loan between ₹10,000 to ₹2 lakh.
had approved the proposal. OPL's infrastructure has also been deployed
As per the scheme of the arrangement, for the rollout of Reserve Bank of India (RBI)
NWML will allot 1,05,28,746 equity shares to Innovation Hub’s pilot on GST Sahay.
the shareholders of EFSL (as on the record The traders or store owners will have to
date) on a proportionate basis as a update their details such as GST profiles with
consideration for demerger. invoices generated etc on the GST Sahay app
After listing, Edelweiss would continue to hold and can seek loans from their bank.
14% in NWML and the shareholders of EFSL Based on their GST profile and the Know Your
would hold 30% of the paid-share capital. Customer (KYC), the bank can instantly
PAG would hold 56% in NWML. approve the loan.
Over 1.2 crore GST-filing MSMEs and small
traders are set to benefit from this GST Sahay
159. Recently(May 2023), What is the app.
maximum loan amount to be received by the The rate of interest for such loans would be 8-
small store-owners, kirana/grocers and other 12% depending on the bank.
micro-small and medium enterprises Currently, Small Industries Development Bank
(MSMEs)from the Goods and Services Tax of India (SIDBI) is testing this app for their
clients.
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OPL platform has majority stake owned by 10 UPL, an agrochemical and speciality
financial institutions including public sector chemicals company, has signed a
and private banks and other development memorandum of understanding with the
credit institutions, who are also among a large Republic of Guyana to establish a 200 -acre
base of its clients that includes financial ‘Millets Model Farm’.
institutions. The company will study various millet varieties
Apart from MSMEs, OPL’s platform for digital to identify those that are suitable for cultivation
lending is also being used for end-to-end and consumption in Guyana.
digitalisation of Kisan Credit Card (KCC) in UPL will provide technical expertise and select
Karnataka, where State Bank of India (SBI), agriculture inputs, while Guyana will provide
Bank of Baroda (BOB) and Punjab National land for the local farm operation.
Bank (PNB) are using this platform to provide The year 2023 has been designated as the
credit to farmers. International Year of Millets, and the Indian
This has reduced the duration of availing government is making great efforts to
credit from 3-4 weeks to about 5-10 minutes. establish India as the global centre for millets.
OPL has launched the In New Delhi's Dilli Haat, the Millets
PSBLoansin59Minutes.com platform for the Experience Centre (MEC) was recently
automation of credit to borrowers. opened by India's Minister of Agriculture,
The platform is mapped to all current lending Narendra Singh Tomar
processes irrespective of the type of
bank/lending institution. 161. Recently(May 2023), The Union health
ministry has decided to rename its National
160. Recently(May 2023), to esta blish how Programme for Prevention and Control of
much acre of ‘Millets Model Farm’ UPL, an Cancer, Diabetes, Cardiovascular Diseases
agrochemical and speciality chemicals and Stroke (NPCDCS) as the National
company and the Republic of Guyana signed Programme for Prevention & Control of Non-
a memorandum of understanding? Communicable Diseases (NP-NCD). In which
(a) 500 acre of the following year the programmewas
(b) 200 acre launched?
(c) 100 acre (a) 2010
(d) 150 acre (b) 2012
(e) 300 acre (c) 2016
Answer: B (d) 2008
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(e) 2006 It was launched in 2010 with focus on

Answer: A strengthening infrastructure, human resource
The Union health ministry has decided to development, health promotion, early
rename its national programme and portal diagnosis, management and referral.
aimed at tackling the rising challenge of non - Under NPCDCS, NCD Cells are being
communicable diseases. established at National, State and District
In the last few years, many new diseases or levels for programme management, and NCD
disease groups or new initiatives have been Clinics are being set up at District and CHC
added to the programme such as non- levels, to provide services for early diagnosis,
alcoholic fatty liver disease, chronic kidney treatment and follow-up for common NCDs.
disease, STEMI among others”.
There was a need that scheme in its present 162. Recently(May 2023), according to a
form may subsume all types of non- leaReport on Optimal Generation Mix for
communicable diseases (NCDs) under a new 2029-30, released by Central Electricity
name. Authority, Ministry of Power, India is projected
NCDs refer to chronic diseases that are not to have 41 GW of energy storage capacity
passed from person to person. It includes along with 777GW of total installed power
heart disease, stroke, cancer, diabetes, and capacity by 2029-30. What is the per capita
chronic lung diseases. electricity consumption in 2022 which is
Earlier the programme on non-communicable increased from 631 units in 2005?
diseases included diabetes, cardiovascular (a) 1000 units
diseases, cancer, and stroke, and hence it (b) 1200 units
was known as the National Programme for (c) 1262 units
Prevention and Control of Cancer, Diabetes, (d) 1100 units
Cardiovascular Diseases and Stroke (e) 1255 units
(NPCDCS). Answer: E
NPCDCS was being implemented under the India is projected to have 41 GW of energy
National Health Mission (NHM) across the storage capacity along with 777GW of total
country. installed power capacity by 2029-30,
The Ministry of Health and Family Welfare has according to a leaReport on Optimal
decided to rename ‘NPCDCS’ as the National Generation Mix for 2029-30, released by
Programme for Prevention & Control of Non- Central Electricity Authority, Ministry of Power.
Communicable Diseases (NP-NCD).
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Based on the hourly dispatch studies and the i) Among 67 FMC projects, coal India
“capacity mix obtained from Long term Limited(CIL) takes 56 projects, Singareni
studies”, the report says that India would need Collieries Company (SCCL) takes 3 projects
41.65 GW/208.25 GWh of Battery Energy and NLC India (NLCIL) takes 8 projects.
Storage Systems (BESS) to meet its electricity ii) These projects estimated to be completed
demand in 2029-30. by 2027
These numbers, however, are under the ‘base iii) The Ministry has set a target to generate
case scenario’, where the total fossil fuel and 1.3 billion tonne coal in FY25 and 1.5 bt in
non-fossil fuel capacities are assumed to be FY30.
276 GW and 500 GW, respectively. (a) Only I
The report has also studied installed (b) Only I and III
capacities and the corresponding BESS (c) II and III
requirements under four different scenarios— (d) I and II
conservative, higher demand, higher hydro, (e) All I, II and III
and higher BESS cost assumptions. Answer: A
In terms of generation, the report projects a The Coal Ministry said that it will complete 67
rise of electricity generation from non-fossil first-mile connectivity projects with a capacity
fuels (counting in large hydro) from 25 per of handling 885 million tonnes per annum
cent in 2022-23 to 44 per cent by 2030. (mtpa) by 2027.
In terms of capacity, non-fossil fuel-based The Ministry of Coal takes up 67 FMC projects
sources would increase from 42 per cent now (59 – coal India (CIL), 5 - Singareni Collieries
to 64 per cent, even as the total installed Company (SCCL) & 3 – NLC India (NLCIL))
power capacity would rise to 777GW by 2030, with a capacity to load 88 5 mtpa.
the report says. These projects will be completed by 2027.
Between 2005 and 2022, per capita electricity In order to eliminate road transportation of
consumption doubled from 631 units to 1255 coal in mines, the Ministry has developed a
units in India, making it the third largest plan to improve the mechanised coal
electricity market in the world. transportation and loading system under FMC
projects.
163. Which of the following statements are The Ministry has set a target to generate 1.3
incorrect regarding the 67 first-mile billion tonne coal in FY25 and 1.5 bt in FY30
connectivity projects taken up by the Ministry to increase India’s energy security and
of Coal?
Page 77 of 424
realiseAatmaNirbhar Bharat by substituting establishments which are or were under the

domestically mined coal for imported coal. Director-General All India Radio of the
India’s coal production hit a milestone of 892 Information & Broadcasting Ministry.
mt during FY23, which is a Y-o-Y growth of On June 8, 1936, ISBS became All India
14.7 per cent. Radio (AIR).
The power sector continued to be the largest In 1937, AIR was brought under the purview of
consumer of domestic coal, accounting for the the Department of Communications.
total despatches of 737.9 MT during FY23, an The Akashvani name was added in 1956.
increase of 9.1 per cent Y-o-Y. Following this the Vividh Bharati Service was
launched in 1957 with popular film music as its
164. Recently(May 2023), the All India Radio main component.
(AIR) Director General has directed all the Prasar Bharati CEO Shashi Shekhar Vempati.
departments concerned to ensure that the
public broadcaster is referred to as 165. Recently(May 2023), Government Multi -
“Akashvani” in accordance with the Prasar Super Speciality Hospital in Chennai, Tamil
Bharati (Broadcasting Corporation of India) Nadu (TN) will be inaugurated by the
Act, 1990. In which of the following year President Draupadi Murmu on June 5, 2023 .
Prasar Bharati Act has came into force? What is the construction cost of the Multi-
(a) 1992 Super Speciality Hospital ?
(b) 1995 (a) Rs 250 crore
(c) 1996 (b) Rs 500 crore
(d) 1998 (c) Rs 230 crore
(e) 1997 (d) Rs 175 crore
Answer: E (e) Rs 376 crore
The All India Radio (AIR) Director General has Answer: C
directed all the departments concerned to President Draupadi Murmu will inaugurate the
ensure that the public broadcaster is referred ₹230 crore Government Multi-Super Speciality
to as “Akashvani” in accordance with the Hospital in Chennai, Tamil Nadu (TN) on June
Prasar Bharati (Broadcasting Corporation of 5, 2023.
India) Act, 1990, which came into force on Tamil Nadu (TN) Chief Minister (CM) Shri MK
November 15, 1997. Stalin met the President at Rashtrapati
Section 2(a) of the Act says that “Akashvani” Bhavan in Delhi and extended the invitation to
means all the offices, stations and other
Page 78 of 424
her to inaugurate the hospital at Guindy in the The estimated cost of the Bhogapuram
city. Greenfield International Airport is Rs 4,592
The 1000-bedded hospital has been built at a crore.
cost of ₹230 crore in an area of 51,249 square The airport is aimed at providing international
metres, spanning across 7 floors. air connectivity to people in the north-coastal
On June 3, 2021, he announced that a Multi- districts of the State.
Super Specialty hospital will be set up at the The airport, which will be developed by the
premises of the King Institute of Preventive GMR company in a public-private partnership
Medicine and Research. on an area of 2,203 acres around 40 km
She has given her consent to inaugurate the northeast of the city, will feature two runways
hospital and to participate in the Centenary capable of handling huge A320 and A380
Celebration to be held at YMCA Ground, aircraft.
Nandanam on June 5, 2023. It is scheduled to begin operations in 2026.
To be taken up by GMR Airports Infrastructure
166. Recently(May 2023), Andhra Pradesh Ltd, the 2,203-acre airport is located midway
(AP) Chief Minister (CM) Shri YS Jagan between Visakhapatnam and Srikakulam and
Mohan Reddy laid the foundation stone for about 20 kilometres from Vizianagaram.
Bhogapuram Greenfield International Airport The airport can handle 60 lakh passengers
at Bhogapuram, Visakhapatnam, AP. What is annually.
the estimated cost for the construction of
Bhogapuram Greenfield International Airport? 167. Which of the following statements are
(a) Rs 5,783 crore correct regarding decisions made by the
(b) Rs 2,112 crore Himachal Pradesh (HP)cabinet?
(c) Rs 1,456 crore i) The cabinet of Himachal Pradesh (HP) led
(d) Rs 4,592 crore by Chief Minister Shri SukhwinderSukhu has
(e) Rs 3,782 crore approved a monthly incentive of Rs 1,000 as
Answer: D Indira Gandhi Mahila Samman Nidhi to all
Andhra Pradesh (AP) Chief Minister (CM) Shri eligible women of the Parvati Valley
YS Jagan Mohan Reddy laid the foundation ii) The Cabinet decided to give Rs 600 in lieu
stone for Bhogapuram Greenfield International of school uniforms through direct benefit
Airport at Bhogapuram, Visakhapatnam, AP. transfer to all eligible students
iii) It also decided to increase the honorarium
of Nambardars in the Revenue Department
Page 79 of 424
from Rs 3,200 to Rs 3,700 per month as per budget announcement, which will benefit
the budget announcement about 3,177 Nambardars in the State.
(a) Only I The Cabinet gave its nod to increase the
(b) Only I and III honorarium of revenue chowkidars or part-
(c) II and III time workers from Rs 5000 to Rs 5500 per
(d) I and II month and it will benefit around 1950 revenue
(e) All I, II and III chowkidars or part-time workers.
Answer: C It also decided to increase the court fee rates
The cabinet of Himachal Pradesh (HP) led by from Rs 6 to Rs 20 for filing any application or
Chief Minister Shri SukhwinderSukhu has petition in the Revenue Courts or applying
approved a monthly incentive of Rs 1,500 as attestation of affidavit or any other documents
Indira Gandhi Mahila Samman Nidhi to all in Civil Courts other than High Court.
eligible women of the Spiti Valley. The Cabinet decided to constitute the Atal
It will be given to all women above 18 years. Tunnel Planning Area and freeze the existing
It will also be given to Buddhist nuns. land use of the Atal Tunnel planning area
A sub-committee will be formed to formulate a which includes revenue villages of district
White Paper on the state's financial position. Lahaul-Spiti.
The sub-committee will be headed by Deputy
Chief Minister Shri Mukesh Agnihotri, while 168. Recently(May 2023), which of the
Agriculture Minister Shri Chander Kumar and following health insurance company’s
Rural Development Minister Shri Anirudh Chairman and Chief Executive Officer
Singh will be members. (CEO)Venkatasamy Jagannathanstepped
The HP government gave approval to down from his position as Non-Executive
introduce e-stamping for the collection of Chairman & Non-Executive director?
stamp duty to promote ease-of-doing (a) Aditya Birla Health Insurance Company
business. (b) Star Health and Allied Insurance Company
The Cabinet decided to give Rs 600 in lieu of (c) ICICI Lombard Health Insurance Company
school uniforms through direct benefit transfer (d) Reliance Health Insurance Company
to all eligible students. (e) HDFC ERGO Health Insurance Company
It also decided to increase the honorarium of Answer: B
Nambardars in the Revenue Department from Venkatasamy Jagannathan, Chairman and
Rs 3,200 to Rs 3,700 per month as per the Chief Executive Officer (CEO) of Indian
multinational health insurancecompany , Star
Page 80 of 424
Health and Allied Insurance Compan y, To image the field of view, identify stars, and
stepped down from his position. calculate the spacecraft’s pointing direction.
He will continue as Star Health’s Non- The StarBerrySense sensor calculates the
Executive Chairman & Non-Executive director. pointing direction by identifying the stars in its
He also has a small stake in Star Health which field of view.
he helped set up in 2006 & reported a record- The star sensor provides the most accurate
high net profit of ₹618 crore, including a information about a spacecraft’s orientation.
record underwriting profit of ₹204 crore. StarBerrySense was mounted on ISRO's
PSLV Orbital Experimental Module (POEM),
which provides a stable platform for our
169. Recently(May 2023), to image the field of payload to operate from.
view, identify stars, and calculate the POEM is a unique initiative by ISRO that
spacecraft’s pointing directionIndian Space utilises the spent 4th stage of the PSLV as an
Research Organization (ISRO) launched a orbital platform for carrying out scientific
low-cost star sensor called StarBerrySense . experiments.
Which of the following developed the
StarBerrySense payload ? 170. Recently(May 2023), the Indian Institute
(a) Indian Institute of Remote Sensing of Technology (IIT) Kanpur has signed an
(b) Indian Institute of Astrophysics agreement with the Indian Army’s (IA) Military
(c) Indian Institute of Science Engineer Services (MES) Jhansi, Uttar
(d) Indian Institute of Space Science and Pradesh (UP) to transform Army stations into
Technology carbon-neutral campuses. Currently how
(e) Raman Research Institute many campusesunder the MES Jhansi
Answer: B cantonment have been identifiedfor
The Indian Space Research Organization conversion?
(ISRO) launched a low-cost star sensor called (a) 2
StarBerrySense on board its Polar Satellite (b) 5
Launch Vehicle (PSLV) C-55 rocket. (c) 10
The StarBerrySense payload developed by (d) 11
the Indian Institute of Astrophysics (IIA), an (e) 8
autonomous institute of the Department of Answer: B
Science and Technology (DST), was launched The Indian Institute of Technology (IIT)
on 22 April, 2023. Kanpur has signed an agreement with the
Page 81 of 424
Indian Army’s (IA) Military Engineer S ervices Badminton World Federation (BWF) Hall of
(MES) Jhansi, Uttar Prad esh (UP) to Fame. Lin Dan and Lee Chong Wei belongs to
transform Army stations into carbon -neutral which of the following countries respectively?
campuses. (a) Japan and China
The Memorandum of Understanding (MoU) (b) Japan and South Korea
comes in accordance with the Earth Day 2023 (c) China and Japan
and aims to contribute towards India’s vision (d) China and Malaysia
of achieving net zero emissions by 2070. (e) South Korea and Taiwan
The MoU was signed between Col. Akhil Answer: D
Singh Charak, Commander Works Engineer China’s Lin Dan and Malaysia’s Lee Chong
(CWE) & IITK alumnus, and Major Sunny Attri, Wei have been elected to the 2023 Badminton
Garrison Engineer from MES Jhansi, and Prof. World Federation (BWF) Hall of Fame.
A.R. Harish, Dean of R&D, IIT Kanpur. Lee and Lin, who retired in 2019 and 2020
Currently 5 campuses under the MES Jhansi respectively after glorious careers, will be
cantonment have been identifie d initially for inducted at a ceremony on May 26 at the
converting each of them into net zero carbon, Kuala Lumpur Convention Centre in Malaysia.
net zero energy, net zero water, and net zero Chong Wei and Lin Dan had dominated the
waste campuses in a phased manner. men’s singles for two decades until their
The process will commence with a proof-of- retirements in 2019 and 2020 respectively.
concept plan for the selected Army campuses Chong Wei finished with 47 World Tour titles
to adopt sustainable resource utilisation. and was ranked world No. 1 for 349 weeks.
Campuses will be assessed on various Meanwhile, Lin Dan captured two Olympics
criteria, including energy sources, gold medals and five world titles.
consumption, carbon footprint, sustainable
alternatives adoption, on-site tree planting, 172. Recently(May 2023), which of the
and habit-related factor following team has won their first Italian Serie
The agreement also encompasses training A title in 33 years?
Army personnel in sustainable practices and (a) Bologna
creating a resource pool through on-job (b) Napoli
training. (c) Sassuolo
(d) Empoli
171. Recently(May 2023), Lin Dan and Lee (e) Fiorentina
Chong Wei have been elected to the 2023 Answer: B
Page 82 of 424
Napoli won their first Italian Serie A title in 33 Czech Republic's Vadlejch finished second
years, clinching the title with a 1 -1 draw at and Grenada's Peters finished third.
Udinese. With this victory, Neeraj has also achieved the
The title is Napoli's third in Italy's top division world lead.
and their first since the legendary Argentine Doha Diamond League is an annual one-day
player Diego Maradona led them to track and field competition held at the Suhaim
championships in 1987 and 1990. bin Hamad Stadium in Doha, Qatar.
Napoli's home stadium was renamed in It is part of the Diamond League, which is the
Maradona's honour following his death in top level international circuit for the sport.
November 2020.
174. Recently(May 2023), Tech Mahindra is
173. Recently(May 2023), where did the all set to come up with the world’s first
annual one-day track and field competition franchisee-based chess competition called
Diamond League held, in which Olympic Global Chess League(GCL) in association
champion javelin thrower Neeraj Chopra won with FIDE. Where did the first edition of the
the title? league is set to be held in?
(a) Oslo (a) London
(b) Doha (b) Tokyo
(c) Shanghai (c) Dubai
(d) Rome (d) Adu Dhabi
(e) Eugene (e) Paris
Answer: B Answer: C
Olympic champion javelin thrower Neeraj After making its mark as a tech partner in
Chopra started his Diamond League title with three FIFA World Cups, a racing track event,
a comfortable win in the season-opening leg in the Indian Premier League and the
Doha. International Chess Federation (FIDE) for the
In September 2022, the 25-year-old Chopra 44th Olympiad in Chennai last year, IT
had won the 2022 Diamond League Final services major Tech Mahindra is all set to
trophy in Switzerland. come up with the world’s first franchisee-
Chopra hit his straps on his first attempt with a based chess competition called Global Chess
world-leading throw of 88.67m, the fourth-best League(GCL) in association with FIDE.
effort of his career. The first edition of the league is all set to be
held in Dubai between June 21 to July 2.
Page 83 of 424
Both Tech Mahindra and FIDE have entered She primarily competed in the long jump, 100
into a deal to conduct the league as a joint metres, and 200 m.
venture for five to eight years. She also competed on the IAAF (World
The league will be held in association with Athletics, formerly known as the International
Dubai Sports Council, the league's Host Amateur Athletic Federation and International
Partner. Association of Athletics Federations) Diamond
The first edition will feature six teams with six League circuit for the first time, long jumping
players each, including a minimum of two at the Adidas Grand Prix and Hercules meets.
female players and one icon player per team. She won 100m silver medal and 200m bronze
The top two teams will qualify for the final on at the 2016 Rio Olympics.
July 2, 2023, and be crowned the World She claimed 100m bronze and 100m gold at
Champion Franchise Team. the 2015 and 2017 World Championships in
Athletics respectively.
175. Recently(May 2023), an American She also earned gold medals as part of U.S.
sprinter and long jumperTori Bowie, passed women's 4 × 100 m relays at both the 2016
away at the age of 32 in Orlando, Florida. In Olympic Games and 2017 World
which of the following year, she won gold for Championships.
100m in World Championships in Athletics? She finished 4th in the long jump at the world
(a) 2011 championships in Doha in 2019.
(b) 2017 The last official competition she participated in
(c) 2015 was in June 2022
(d) 2013
(e) 2018 176. Recently(May 2023), Veteran Tamil
Answer: B actor, comedian, director, and producer
An American sprinter and long jumper who Manobala passed away at the age of 69 in
won 3 Olympic medals and 2 world titles in the Chennai, Tamil Nadu (TN). Which of the
sport, Tori Bowie, passed away at the age of following flims is directed by Manobala?
32 in Orlando, Florida, United States of (a) Avan Aval Adhu
America (USA). (b) Oorkaavalan
Tori Bowie was Born on 27 August 1990 in (c) EnakkoruNeethi
Mississippi, USA. (d) IdhayaThamarai
She began competing in track and field (e) KavalukkuKettikaran
professionally in 2013. Answer: B
Page 84 of 424
Veteran Tamil actor, comedian, director, and awareness about laughter and its health
producer Manobala passed away at the age of benefits.
69 in Chennai, Tamil Nadu (TN). World Laughter Day is celebrated in 1998
His official name was Balachander &Manobala when Dr Madan Kataria announced the first
was his stage name. celebration of this day on May 10. Dr Ma dan
In his career spanning over 35 years, he acted Kataria, established World Laughter Day in
in over 900 films. 1998.
He made his debut as a director with He is the founder of the Laughter Yoga
AagayaGangai in 1982. Movement.
Some of his popular films include Pil lai Nila, The main aim of this world laughter day is to
Oorkaavalan, En make us aware of the countless benefits of
PurushanthaanEnakkuMattumthaan, laughter in leading a healthy and fulfilling life.
KaruppuVellai, MalluVetti Minor and Initially, Laughter Day was only celebrated
Paarambariyam, only in India but after that because of the
His last films were Ghosty and unique and meaningful concept, world
KondraalPaavam. laughter day is spread to different countries.
Now, the Laughter Yoga Movement and World
177. Recently(May 2023), Every year World Laughter Day are celebrated in different parts
Laughter Day is celebrated on the first Sunday of the world.
of May. It was observed first in which of the
following year? 178. Recently(May 2023), World Athletics Day
(a) 1996 is celebrated every year on May 7. When was
(b) 1998 the International Association of Athletics
(c) 2010 Federations name is changed to World
(d) 2005 Athletics?
(e) 2001 (a) 2015
Answer: B (b) 2011
Every year World Laughter Day is celebrated (c) 2019
on the first Sunday of May and this year world (d) 2016
laughter day falls on 7th of May. (e) 2005
Every year on the first Sunday of May, world Answer: C
laughter day was observed to promote World Athletics Day is celebrated every year
on May 7.
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This Day is observed to raise awareness (c) Be Aware. Share. Care: Working with the
about the Athletics. global community as one to improve
The theme for World Athletics Day 2023 is thalassemia knowledge
'Athletics for All – A New Beginning'. (d) The dawning of a new era for
This day was launched to honor the thalassaemia: Time for a global effort to make
sportsperson who is having the responsibility novel therapies accessible and affordable to
to pride the nation. patients
This day was first observed in 1996 and it was (e) Universal access to quality thalassaemia
launched by International Amateur Athletic health care services: Building bridges with and
Federation (IAAF) President Primo Nebiolo. for a patient
The World Athletics Federation and Answer: A
International Amateur Athletic Federation World Thalassaemia day is celebrated every
(IAAF) organized sports events in all schools year on May 8.
and colleges every year. This day is celebrated to raise awareness
International Amateur Athletic Federation about the struggles of patients suffering from
(IAAF) was founded in 1912 to organize genetic disorders and raise awareness about
various sports events and athletics. Thalassaemia.
In 2001, the name of the International The International Thalassaemia Day 2023
Amateur Athletic Federation (IAAF) was theme is “Be Aware. Share. Care:
changed to International Association of Strengthening Education to Bridge the
Athletics Federations. Thalassaemia Care Gap.’’
And in 2019, the name was again changed to In 1994, Thalassaemia International
World Athletics. Federation (TIF) established May 8 as
Thalassaemia Day.
179. Recently(May 2023), World Thalassaemia International Federation(TIF) is
Thalassaemia day is celebrated every year on organising many useful activities to seek
May 8. What is the current year theme on attraction of public, to improve the health of
World Thalassaemia day? the public.
(a) Be Aware. Share. Care: Strengthening This day was observed in the memory of
Education to Bridge the Thalassaemia Care George Englezos who was the son of
Gap Thalassaemia International Federation's (TIF)
(b) Addressing Health Inequalities Across the president and founder.
Global Thalassaemia Community
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180. Recently(May 2023), World Red Cross Federation of Red Cross and Red Crescent
and Red Crescent Day are celebrated every societies, and national Red Cross and Red
year on May 8. Who is the founder of the Crescent societies.
International Committee of the Red Cross In 1984, this day was officially named "World
(ICRC) whose birth anniversary is celebrated Red Cross and Red Crescent Day
as the World Red Cross Day?
(a) Henrik Dam 181. Recently(May 2023), who is the author of
(b) Henry Dunant the book ‘The story of India’s cheetahs’?
(c) Robert Baraby (a) Jim Corbett
(d) Archibald Hill (b) Divyabhanusinh
(e) Oto Fritz Meyerhof (c) Vikram Seth
Answer: B (d) Aravind Adiga
World Red Cross and Red Crescent Day are (e) Kiran Desai
celebrated every year on May 8. Answer: B
This year, theme is: Everything we do comes This book traces the cheetah from prehistoric
#fromtheheart times through history to its ultimate extinction
This initiative was studied by an International in the Indian subcontinent in the 20th century
Commission established at the 14th and the cheetahs’ arrival from Africa in our
International Conference on the Red Cross. effort to bring back a lost species.
World Red Cross Day is celebrated on the ‘The story of India’s cheetahs’ was first
birth anniversary of Henry Dunant, who was published in 1995 and has more or less been
born on May 8, 1828. the most exhaustive work on the cheetah in
Henry Dunant was the founder of the India by Divyabhanusinh
International Committee of the Red Cross The book also state that last cheetah in the
(ICRC). Indian subcontinent was seen in 1997 and not
He was the recipient of the Nobel Peace in 1947.
Prize. The book state that Prime Minister Narendra
The International Federation of Red Cross and Modi had released eight Namibian cheetahs
Red Crescent Societies (IFRC) was first into a boma in Madhya Pradesh’s Kuno
established in 1919 in Paris. National Park (KNP) on September 17, 2022,
The whole body of the World Red Cross and his 72nd birthday. One of them, Sasha, died of
Red Crescent consists of the International renal failure on March 28 this year.
Committee of the Red Cross, the International
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On February 18, 2023, 12 cheetahs were services and consulting. Headquarters:

brought from South Africa to Kuno. On April Dublin, Ireland.
23, one of them named Uday died of cardiac
arrest. On March 29, Siyaya, a female from 183. Recently(May 2023), in which of the
Namibia, gave birth to a litter of four cubs. following state Mukhyamantri Kamdhenu Bima
Yojana is implemented?
182. Recently(May 2023), who has been (a) Kerela
appointed as the Managing Director of the (b) Gujarat
Accenture? (c) Rajasthan
(a) Shantanu Narayen (d) Madhya Pradesh
(b) Ajay Vij (e) Karnataka
(c) C. S. venkatakrishnan Answer: C
(d) Dinesh Kumar Khara Looking at the importance of animal
(e) R.S. Sodhi husbandry in the economy of Rajasthan, the
Answer: B state government is providing schemes,
Accenture has appointed Ajay Vij as Country including recently launched insurance cover
Managing Director, a newly created role, and for milch cattle.
Sandeep Dutta as the lead of its India Market In inflation-relief camps, or “MehangaiRahat”
Unit. camps, a scheme of Rajasthan Chief Minister
Rekha M. Menon, Senior Managing Director Ashok Gehlot, launched on April 24 and slated
and Chairperson for Accenture in India, would to continue till June 30, those in cattle rearing
retire as of June 30 and primary are being provided insurance cover of Rs
responsibilities of the Chairperson would now 40,000 each for two milch cows under the
be undertaken by the new appointees. MukhyamantriKamdhenuPashuBimaYojana.
Mr. Dutta, who was India Sales Lead, would The scheme is free for rearers with an annual
now serve as the company’s India business income up to Rs 8 lakh a year, while those
lead responsible for driving business and earning more have to pay Rs 200 per animal
operations in the domestic market, focusing per annum.
on growth, market differentiation, and clients.
Accenture plc is an Irish-American 184. Recently(May 2023), how many financial
professional services company based in entities has been allowed by the Finance
Dublin, specializing in information technology Ministry to verify the identity of their customers
Page 88 of 424
via Aadhaar under the ambit of the money the global money laundering and terrorist
laundering law? financing watchdog.
(a) 18 E-KYC (know your customer) carried out
(b) 22 through OTP-based Aadhaar authentication
(c) 20 allows entities to offer a limited set of services
(d) 25 to their users. Such a KYC has to be renewed
(e) 27 every year and the aggregate amount of term
Answer: B loans sanctioned shall not exceed Rs 60,000
The Finance Ministry has allowed 22 financial in a year.
companies, including Amazon Pay (India) and
Hero FinCorp, to undertake Aadhaar-based 185. Recently(May 2023), to proactively
authentication of clients. detect, prevent, and eliminate phishing, spam,
These 22 financial companies include Godrej and fraud through messaging, Bharti Airtel has
Finance, Amazon Pay (India) Pvt Ltd, Aditya developed an artificial intelligence
Birla Housing Finance, Tata Motors Finance (AI)/machine learning-based solution and is
Solution, IIFL Finance and Mahindra Rural currently testing it in collaboration with which
Housing Finance Ltd. of the following bank?
The other modes of verification prescribed (a) Axis Bank
under the Money Laundering Act include (b) ICICI Bank
offline verification under the Aadhaar Act, use (c) Kotak Mahindra Bank
of a passport and any other officially valid (d) HDFC Bank
document or modes of identification as may (e) IDBI Bank
be notified by the central government, and the Answer: D
client has a voluntary choice to opt for the Bharti Airtel, one of India's largest
mode of verification. telecommunications companies, has
Section 11A of the Prevention of Money developed a new AI and machine learning-
Laundering Act provides for verification of based solution designed to detect, prevent,
identity by reporting entities. and eliminate phishing, spam, and fraud
The amendment is a part of a series of through messaging.
changes being undertaken in the money Bharti Airtel is currently testing the s olution in
laundering law to plug loopholes ahead of collaboration with HDFC Bank, a leading
India’s proposed assessment later this year Indian financial institution.
under the Financial Action Task Force (FATF),
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Airtel has established direct connectivity with date the Campaign will be organised starting
HDFC to help secure end-to-end SMS from 1st May 2023?
connectivity and flag any other route. (a) 31st May 2024
(b) 31st March 2024
186. Recently(May 2023), who has been (c) 30th April 2024
appointed as the next president of the (d) 30th June 2024
prestigious Marylebone Cricket Club (MCC)? (e) 31st July 2024
(a) Mark Nicholas Answer: B
(b) Michael Vaughan Union Minister ParshottamRupala officially
(c) Alastair Cook launched a Nationwide AHDF KCC Campaign
(d) Nasser Hussain for 2023-24 on 3rd May 2023.
(e) Ian Botham It has been launched to extend the KCC
Answer: A facility to all small landless farmers involved in
English cricket commentator and former animal husbandry and fisheries activities.
cricketer Mark Nicholas has been named as “Nationwide AHDF KCC Campaign” is being
the next president of the prestigious organized from 1st May 2023 to 31st March
Marylebone Cricket Club (MCC). 2024.
The 65-year-old will spend a 12-month term Since June 2020, the Ministry of Fisheries,
as President, beginning on October 1, 2023. Animal Husbandry and Dairying in association
His appointment was announced on May 3, at with the Department of Financial Services are
the Club's Annual General Meeting by the organizing various campaigns for providing
current President, Stephen Fry. the Kisan Credit Card facility to all eligible
Marylebone Cricket Club is a cricket club farmers.
founded in 1787 and based since 1814 at More than 27 lakh fresh KCC has been
Lord's Cricket Ground, which it owns, in St sanctioned to Animal Husbandry and Fishery
John's Wood, London. The club was formerly Farmers.
the governing body of cricket retaining The last Nationwide AHDF KCC Campaign
considerable global influence. was organized from 15.11.2021 to
15.03.2023. District Level KCC Camps were
187. Recently(May 2023), Union Minister organized every week during the campaign.
ParshottamRupala officially launched a About 1 lakh farmers joined the awareness
Nationwide AHDF KCC Campaign for 2023-24 program virtually from Common Service
on 3rd May 2023.Until which of the following Centers.
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Kisan Credit Card (KCC) was launched in Credila is India’s largest education sector-
1998 to issue Kisan Credit Cards to farmers focused NBFC, specialising in providing
based on their holdings by the banks. education loans to students pursuing higher
Farmers can use the credit to purchase seeds, education in India and overseas.
fertilizers, pesticides etc. Since its establishment in 2006, it has
Prime Minister Narendra Modi launched the extended loans to 1.2 lakh customers
Revised Scheme to Kisan Credit Card in
2018. 189. Recently(May 2023), World Asthma Day
is celebrated every year on first _____ of
188. Recently(May 2023), which of the Mayto spread awareness about asthma
following bank’s student loan subsidiary is disease and care around the world.
Credila? (a) Tuesday
(a) Axis Bank (b) Wednesday
(b) CSB Bank (c) Friday
(c) HDFC Bank (d) Sunday
(d) DCB Bank (e) Monday
(e) ICICI Bank Answer: A
Answer: C World Asthma Day is observed on the first
HDFC has decided to sell its student loan Tuesday of May (2 nd May )to spread
subsidiary ahead of its merger with HDFC awareness about asthma disease and care
Bank and has appointed an investment banker around the world.
for the stake sale. Every year the event is organized by the
Company will be valued at Rs 10,000 crore, Global Initiative for Asthma (GINA) to increase
approximately four times its net worth. awareness about the chronic respiratory
HDFC is currently in the process of merging disease asthma, its precautions, prevention,
with HDFC Bank and, as a condition of the and care around the world.
merger, the Reserve Bank of India (RBI) has The Global Initiative for Asthma (GINA) has
instructed HDFC to sell or merge Credila with designated “Asthma Care for All” as the theme
either HDFC or HDFC Bank before the for the 2023 World Asthma Day.
consolidation.
Until the stake sale, HDFC Credila has been 190. Who is the Paki stan Foreign Minister
disbarred from extending fresh loans. recently(May 2023) visited India to attend an
SCO conference in Goa?
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(a) Nawaz Sharif

(b) Bilawal Bhutto Zardari 191. Recently(May 2023), which of the
(c) Nusrat Fateh Ali Khan following bank has issued the first-ever foreign
(d) Chaudhry Aslam Khan portfolio investor (FPI) license to Alchemy’s
(e) Nasir Durrani Fund for relocation to GIFT City?
Answer: B (a) Bandhan Bank
Bilawal Bhutto Zardari became the first (b) Kotak Mahindra Bank
Pakistani foreign minister to visit India in (c) Karur Vysya Bank
almost 12 years, flying into Goa to attend a (d) City Union Bank
Shanghai Cooperation Organisation (SCO) (e) Yes Bank
meet, though there were no indication s of a Answer: B
bilateral meeting with his Indian counterpart. Kotak Mahindra Bank has issued the first-ever
Bhutto travelled to Goa from Karachi and will foreign portfolio investor (FPI) license to
attend the SCO foreign ministers’ meeting at Alchemy’s Fund for relocation to GIFT City.
Taj Exotica Resort. The bank has re-domiciled Alchemy India
Hina Rabbani Khar, currently minister of state Long Term Fund from Mauritius to India’s
for foreign affairs, was the last Pakistani GIFT City.
foreign minister to travel to India in July 2011 In June 2023, Alchemy India Long Term Fund
for talks with her Indian counterpart. will complete 15 years of operation.
Recently, the meeting of the Foreign Ministers Alchemy Group is a Portfolio Management
of the Shanghai Cooperation Organization Services (PMS) provider.
(SCO) took place in Goa. It was India’s 3rd largest private sector bank in
India is holding the chairmanship of the SCO terms of assets and by market capitalisation
for the year 2023. as of November 2021.
The Shanghai Cooperation Organisation is a It was founded in 2003. It is headquartered in
permanent intergovernmental international Mumbai. Uday Kotak is its MD & CEO.
organisation, established in 2001.
8 member states– China, Kazakhstan, 192. Recently(May 2023), which of the
Kyrgyzstan, Russia, Tajikistan, Uzbekistan, following amphibious warfare ship
India, Pakistan. decommissioned on 6th May 2023 after 36
Iran will be the newest member (9th) of the years of service to the nation?
SCO, when it joins the forum in 2023 under (a) INS Kalvari
the chairmanship of India. (b) INS Magar
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(c) INS Karanj But, the most notable operation was in the
(d) INS Vagir wake of the 2004 tsunami, in which the ship
(e) INS Sindhuvir provided relief to more than 1,300 survivors.
Answer: B
INS Magar, the first amphibious warfare ship, 193. Recently(May 2023), in which of the
was finally decommissioned after 36 years of following date World Athletics Day is
service to the nation. celebrated every year to make people aware
The decommissioning ceremony of the INS of the importance of fitness?
Magar, carrying the naval designation of (a) 5 May
Landing Ship Tank (LST), Large (L) for its (b) 9 May
ability to carry tanks and other weapons, was (c) 8 May
held at Southern Naval Command, Kochi, on 6 (d) 4 may
May. (e) 7 May
The chief guest for the event was Chief of Answer: E
Army Staff General ManojPande. World Athletics Day is celebrated every year
On April 10, 2018, the ship changed its base on 07 May to make people aware of the
port to Kochi from Vishakhapatnam for training importance of fitness.
sea officers, after decades of active The theme for World Athletics Day 2023 is
operational deployment. “Athletics for All – A New Beginning”.
INS Magar was built by the Kolkata-based World Athletics Day was for the first time
Garden Reach Shipbuilders and Engineers celebrated in 1996.
(GRSE) and was commissioned on July 15, It was launched by Primo Nebiolo, best known
1987. as the former President of the World Athletics.
INS Magar is 120 metres long and has a In 2019, the name was changed to World
beam of 17.5 metres. It was deployed for Athletics.
milestone operations like Operation Pawan to World Athletics was founded in 1912 in
support Indian Peace Keeping Force in Sri Stockholm, Sweden. It is headquartered in
Lanka. Monaco.
INS Magar also served as Humanitarian Aid
Disaster Response (HADR), the latest 194. Recently(May 2023), in which of the
operation was the evacuation of Indians from following state Central government invoked
Malé (capital of Maldives) in 2020 following Article 355?
the Covid pandemic. (a) Mizoram
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(b) Nagaland Performance Index (LPI) report, 2023,

(c) Assam published by the World Bank?
(d) Manipur (a) Gangavaram Port Authority
(e) Tripura (b) Mormugao Port Authority
Answer: D (c) Jawaharlal Nehru Port Authority
Central government invoked Article 355 after (d) Syama Prasad Mookerjee Port Authority
the situation worsened in Manipur. (e) Dhamra Port Authority
More than 20,000 people have been Answer: C
evacuated from violence hit areas and many A month after the record handling
people have migrated to Assam and Mizoram. performance in the last financial year, India's
The central government has appointed premier container port, Jawaharlal Nehru Port
Ashutosh Sinha, additional director general of Authority (JNPA) has achieved yet another
police, intelligence as the overall operational milestone.
commander of the law and order situation. Now it has set a global benchmark in
Kuldip Singh, the former DG, CRPF has been container cargo handling.
appointed as the security advisor to N Biren According to the Logistics Performance Index
Singh’s government. (LPI) report, 2023, published by the World
Article 355 of the Constitution empowers the Bank, JNPA has an effective turnaround time
Centre to take all necessary steps to protect (TAT) of only 22 hours (equivalent to 0.9
the state against internal disturbances and days).
external aggression. Due to various measures taken to reduce the
A large number of people gathered in support dwell time, JNPA was able to accomplish this
of a state-wide "solidarity march" organised by feat.
the All Tribal Students' Union. Most importantly, improved landside-rail and
The protest march was organised against the road connectivity, introduction of Centralized
proposal of giving Scheduled Tribe (ST) status Parking Plazas (CPPs), digitization of
to the Meitei community, which is 53% of the processes, etc. as well as operational
Manipur population. efficiencies of terminal operators have been
the biggest contributors.
195. Recently(May 2023), which of the The streamlining of berthing and unberthing of
following port has achie ved a global vessels, deployment of more tugs for the
benchmark with record container turnaround smooth operation of vessels etc. are some of
time of 22 hours according to the Logistics
Page 94 of 424
the other initiatives taken by JNPA to facilitate MoU to make Ayodhya an international tourist
the efficient functioning of the port. hub.
196. Recently(May 2023), in which of the 197. Recently(May 2023), which of the
following district of Uttar Pradesh, the state following countries hosted the Petersberg
government planned to develop a theme park Climate Dialogue?
‘Ramaland’ modelled on Disneyland? (a) India and United States
(a) Sitapur (b) China and France
(b) Rampur (c) USA and Germany
(c) Lucknow (d) Germany and the United Arab Emirates
(d) Ayodhya (e) Japan and Australia
(e) Jhansi Answer: D
Answer: D Germany and the Uni ted Arab Emirates
The Uttar Pradesh government is planning to hosted the Petersberg Climate Dialogue in
develop a theme park ‘Ramaland’ modelled on Berlin ahead of COP 28.
Disneyland. Ministers from 40 countries attended the
It will be developed to narrate the story of Lord conference. The main aim of the Dialogue is
Ram. It will attract children and adults to to discuss the way forward towards COP28.
showcase the story of Ramayan. United Nations Secretary-General
UP government is also planning to set up six AntónioGuterresemphasised the need for
grandiose arched gateways at the roads decarbonisation in every sector and for
leading from other districts to Ayodhya. reducing the use of fossil fuels.
Each gateway complex will be named after the German Foreign Minister AnnalenaBaerbock
characters of Ramayana. stated that to lower global warming to 1.5°C,
The proposed Ayodhya international airport the world needs to reduce its greenhouse gas
will get completed by June 2023. emissions significantly.
Under ‘Ayodhya Vision 2047’, the planned COP28 President-designate Sultan Ahmed Al
transformation of Ayodhya is estimated to cost Jaber calls on meeting participants to
Rs 30,000 crore. The expenditure will be accelerate renewable energy capacity
jointly borne by the central and the UP building.
governments. 2023 is the year for the Global Stocktake. It is
Ayodhya Municipal Corporation and Indian the first Global Stocktake year since the Paris
Institute of Management (IIM), Indore signed Agreement was signed in 2015.
Page 95 of 424
Union Minister Bhupender Yadav participated (c) Amalner, Maharashtra

in the Petersberg Climate Dialogue on 3 May. (d) Yemmiganur, Andhra Pradesh
He said that the first Global Stocktake should (e) Jogighopa, Assam
convey a message on sustainable lifestyles as Answer: E
well as sustainable consumption for the next Union Minister of Ports, Shipping &
round of Nationally Determined Contributions. Waterways and Ayush, Shri
SarbanandaSonowal visited the construction
198. Recently(May 2023), under which of the site of India’s first International Multi Modal
following weight category India’s Bindyarani Logistics park in Jogighopa, Assam to review
Devi has clinched a silver medal at the Asian the progress.
Weightlifting Championships 20 23 in Jinju, The park is being developed under the
South Korea? ambitious BharatmalaPariyojana of the
(a) 55kg Government .
(b) 59kg First such MMLP, it is being made by
(c) 64kg NHIDCL in Jogighopa of Assam.
(d) 45kg The park will be connected to road, rail, air
(e) 49kg and waterways.
Answer: A This is being developed in 317-acre land
In Weightlifting, India’s Bindyarani Devi has along the Brahmaputra.
clinched a silver medal in the women’s 55kg Built at a cost of Rs 693.97 crore, the park will
category at the Asian Weightlifting provide direct waterways, road, rail & air
Championships 2023 in Jinju, South Korea. connectivity
SorokhaibamBindyarani Devi registered a
combined lift of 194 kg to finish second on the 200. Recently(May 2023), according to a UN
podium. report how much million people needed
China’s Chen Guan Ling won the gold medal emergency food aid in 2022 due to the
with a combined lift of 204 kg. conflict, economic shocks and climate
disasters?
199. Recently(May 2023), in which of the (a) 221 million
following place, India’s first International Multi (b) 246 million
Modal Logistics park will show up? (c) 321 million
(a) Yana, Karnataka (d) 336 million
(b) Tharangambadi, Tamil Nadu (e) 258 million
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Answer: E In 2022, 258 million people faced high levels

According to a UN report some 258 million of acute food insecurity in 58 countries or
people needed emergency food aid last year territories, up from 193 million in 53 countries
because of conflict, economic shocks and the previous year.
climate disasters a sharp rise from 193 million This overall figure has now increased for the
the previous year. fourth consecutive year in a row.
More than 40 per cent of those in serious The World Food Programme is an
need of food lived in the Democratic Republic international organization within the United
of the Congo, Ethiopia, Afghanistan, Nigeria Nations that provides food assistance
and Yemen. worldwide. It is the world's largest
People in seven countries faced starvation humanitarian organization and the leading
and destitution, or catastrophe levels of acute provider of school meals. Founded in 1961,
hunger at some point during 2022. WFP is headquartered in Rome.
May 2 nd week C urrent Affairs MCQ

1. The Reserve Bank of India (RBI) has transaction or agreement entered into by the
imposed a penalty of Rs 1.73 crore on bank with its customers.
HSBC for non-compliance with norms. In HSBC in India has been active in the
which year has HSBC Bank set up India’s development of the Indian banking industry.
first ATM? HSBC set up India’s first ATM in 1987.
(a) 1977
(b) 1987 2. JSW Energy has signed a power
(c) 1992 purchase agreement with Solar Energy
(d) 1997 Corporation of India Ltd (SECI) for wind
(e) 1999 projects. SECI, originally incorporated as a
Answer: B section-25 (not for profit) company and has
The Reserve Bank of India (RBI) said it has been converted into a Section -3 company
imposed a penalty of Rs 1.73 crore on under the Companies Act, 2013 in which of
HSBC for non-compliance with norms. This the following year?
action is based on deficiencies in regulatory (a) 2013
compliance and is not intended to (b) 2014
pronounce upon the validity of any (c) 2015
Page 97 of 424
(d) 2017 The Associated Press won two Pulitzer

(e) 2019 prizes for journalism on Monday, in public
Answer: C service and breaking news photography, for
JSW Energy has signed a power purchase coverage of the Ukraine war that included
agreement with Solar Energy Corporation of images of Russia’s siege of Mariupol. The
India Ltd (SECI) for wind projects totalling New York Times was also honored with an
300 MW. The PPA is signed for supply of international reporting award for its
power for a period of 25 years with a tariff of coverage of Russian killings in the Ukrainian
Rs 2.94 per kilowatt (KWh) town of Bucha. Additional Pulitzers were
Solar Energy Corporation of India Ltd given for work surrounding the US supreme
(SECI) is the only CPSU dedicated to the court’s decision overturning the Roe v Wade
renewable energy sector. It was originally abortion standard, the government’s policy
incorporated as a section-25 (not for profit) of child separation at the border and welfare
company under the Companies Act, 1956. spending in Mississippi. The Associated
However, through an amendment by Press is based in USA.
Government of India, the company has
been converted into a Section-3 company, 4. The Indian Air Force (IAF) has taken
in 2015, under the Companies Act, 2013. delivery of the first batch of indigenous ALS-
The mandate of the company has also been 50 Vertical Take-off and Landing (VTOL)
broadened to cover the entire renewable Loitering Munitions, made by Tata
energy domain. Advanced Systems Limited (TASL). Which
of the following statement/s regarding ALS-
3. In May 2023, the Associated Press won 50 VTOLis/are correct?
two Pulitzer prizes for journalism, in public (i) The ALS 50, also known as the “suicide
service and breaking news photography. drone,” is a unique Vertical Take Off and
Associated Press is based in which of the Landing (VTOL)
following countries? (ii) It can take down targets at a range of
(a) UK over 50 km.
(b) Russia (iii) ALS-50 has earlier successfully
(c) USA demonstrated its ability to strike targets
(d) France during tests at Pokhran.
(e) Germany (a) Only (i)
Answer: C (b) Only (i) and (iii)
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(c) Only (ii) (c) USA

(d) Only (iii) (d) France
(e) All (i), (ii) and (iii) (e) Germany
Answer: E Answer: B
The Indian Air Force (IAF) has taken The first C -295 medium transport tactical
delivery of the first batch of indigenous ALS- aircraft for India has successfully completed
50 Vertical Take-off and Landing (VTOL) its maiden flight, marking a significant
Loitering Munitions, made by Tata milestone towards its delivery by the second
Advanced Systems LImited (TASL). half of 2023. The tactical aircraft took off
The ALS 50, also known as the “suicide from Seville, Spain, on May 5 and lan ded
drone,” is a unique Vertical Take Off and after three hours of flight.
Landing (VTOL) weapon that can operate in The IAF had inked a contract with Airbus
any terrain, including high-altitude areas, to Defence and Space last year to for 56 C-
take down targets at a range of over 50 km. 295 aircraft to replace its aging fleet of Avro
The weapon’s autonomy and precision fleet. While 16 C-295s will be bought off the
enable it to carry out precise strikes while shelf from the manufacturer, the remaining
minimising the exposure of personnel to aircraft will be manufactured and assembled
risk. by the Tata Advanced Systems (TASL) in
ALS-50 has earlier successfully India as part of an industrial partnership
demonstrated its ability to strike targets between the two companies.
during tests at Pokhran. The system was
able to hit the designated ground target 6. Union Minister G Kishan Reddy
accurately during trials. It had also inaugurated PM Jan Aushadhi Kendra at
demonstrated its ability to operate from Warasiguda in Secunderabad. When
high-altitude areas during trials in Ladakh wasPradhan Mantri Jan Aushadhi Yojana'
last this year. renamed as "Pradhan Mantri Bhartiya
Janaushadhi Pariyojana" ?
5. The first C -295 medium transport tactical (a) 2020
aircraft for India has successfully co mpleted (b) 2014
its maiden flight. Where was the tactical (c) 2016
aircraft took off? (d) 2017
(a) Portugal (e) 2019
(b) Spain Answer: C
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Union Tourism Minister G Kishan Reddy Answer: C

has inaugurated a PM Jan Aushadhi Kendra In Weightlifting, India’s Bindyarani Devi has
at Warasiguda in Secunderabad. Jan clinched a silver medal in the women’s 55kg
Aushadhi Kendras provide affordable category at the Asian Weightlifting
healthcare and generate self-employment Championships 2023 in Jinju, South Korea.
opportunities for youth. Sorokhaibam Bindyarani Devi registered a
In September 2015, the 'Jan Aushadhi combined lift of 194 kg to finish second on
Scheme' was revamped as 'Pradhan Mantri the podium. China’s Chen Guan Ling won
Jan Aushadhi Yojana' (PMJAY). In the gold medal with a combined lift of 204
November, 2016, to give further impetus to kg.
the scheme, it was again renamed as Meanwhile in the men’s 61kg category
"Pradhan Mantri Bhartiya Janaushadhi Group B, Shubham Todkar lifted a
Pariyojana" (PMBJP). combined weight of 263kg to finish sixth
Pradhan Mantri Bhartiya Janaushadhi among nine competitors.
Pariyojana (PMBJP) is a campaign
launched by the Department of 8. Indian triple jumper Praveen Chithravel
Pharmaceuticals to provide quality set a new national record with an effort of
medicines at affordable prices to the 17.37 m on winning a gold medal in the
masses. PMBJP stores have been set up to Prueba de confrontacion 2023 athletics
provide generic drugs, which are available meet. Where was the Prueba de
at lesser prices but are equivalent in quality confrontacion 2023 athletics meet held?
and efficacy as expensive branded drugs. (a) Sharjah
(b) Cuba
7. In Weightlifting, India's Bindyarani Devi (c) Abu Dhabi
has clinched a silver medal at the Asian (d) Spain
Weightlifting Championships 2023 in Jinju, (e) Egypt
South Korea. In which category did she win Answer: B
the silver medal? Indian triple jumper Praveen Chithravel set
(a) 45kg category a new national record with an effort of 17.37
(b) 50kg category metres on his way to winning a gold medal
(c) 55kg category in the Prueba de confrontacion 2023
(d) 58kg category athletics meet in Havana, Cuba.
(e)60kg category
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Chithravel improved on the previous men’s empowering the over 50 million-strong SME
triple jump national record of 17.30m set by community with its range of financial
Renjith Maheswary at the third Indian Grand products, specially designed to address
Prix in Bangalore in 2016. their needs.
Chithravel, who missed out on a podium
finish at the Commonwealth Games 2022 in 10. Union Minister for Finance & Corporate
Birmingham, achieved his record-breaking Affairs Smt. Nirmala Sitharaman lead the
mark on Saturday night with his fifth jump at Indian delegation to attend the 56th Annual
the Prueba de confrontacion 2023 with a General Meeting of the Board of Governors
headwind reading of -1.5m/s. As the of Asian Development Bank (ADB). Where
permissible wind assistance for official was the 56th Annual General Meeting of the
records is +2.0m/s. Board of Governors of ADB took place?
(a) UAE
9. BharatPe Group, rebrands PAYBACK (b) South Korea
India, the multi -brand loyalty program to (c) USA
'Zillion'.When wasBharatPe founded? (d) France
(a) 2020 (e) Japan
(b) 2014 Answer: B
(c) 2016 Union Minister for Finance & Corporate
(d) 2017 Affairs Smt. Nirmala Sitharaman lead the
(e) 2018 Indian delegation to attend the 56th Annual
Answer: E General Meeting of the Board of Governors
BharatPe Group, one of India’s leading of Asian Development Bank (ADB) along
names in the fintech industry, announced with Investor/ Bilateral and other associated
that it will be rebranding PAYBACK India, meetings, in Incheon, the Republic of Korea.
the multi-brand loyalty program to 'Zillion'. The Meetings will be attended by official
This new brand identity is in line with the delegations of ADB members, observers,
company’s vision to make Zillion ubiquitous non-governmental and civil society
to loyalty and rewards across the country. organisations, media, financial institutions
BharatPe was co-founded by Ashneer and banks and other private sector
Grover and Shashvat Nakrani in 2018 to companies.
build a holistic FinTech platform for small
merchants. The company is committed to
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11. In May 2023, how many financial (c) EnableCap

companies has been allowed by Ministry of (d) Auxilo
Finance (MoF) to undertake Aadhaar-based (e) Varthana
authentication of clients? Answer: B
(a) 12 HDFC has decided to sell its student loan
(b) 16 subsidiary ahead of its merger with HDFC
(c) 18 Bank and has appointed an investment
(d) 22 banker for the stake sale. Company will be
(e) 26 valued at Rs 10,000 crore, approximately 4
Answer: D times its net worth.
The Ministry of Finance (MoF) has allowed Currently, HDFC is in the process of
22 financial companies, including Amazon merging with HDFC Bank and, as a
Pay (India) and Hero FinCorp, to undertake condition of the merger, the Reserve Bank
Aadhaar-based authentication of clients. of India (RBI) has instructed HDFC to sell or
These 22 financial companies include merge Credila with either HDFC or HDFC
Godrej Finance, Amazon Pay (India) Pvt Bank before the consolidation.
Ltd, Aditya Birla Housing Finance, Tata Until the stake sale, HDFC Credila has been
Motors Finance Solution, IIFL Finance and disbarred from extending fresh loans.
Mahindra Rural Housing Finance Ltd. Credila is India’s largest education sector-
The other modes of verification prescribed focused Non banking Finance Company
under the Money Laundering Act include (NBFC), specialising in providing education
offline verification under the Aadhaar Act, loans to students pursuing higher education
use of a passport and any other officially in India and overseas.
valid document or modes of identification as
may be notified by the central government, 13. According to the Logistics Performance
and the client has a voluntary choice to opt Index (LPI) report2023 , JNPA has an
for the mode of verification. effective turnaround time (TAT) of only 22
hours. How many parameters are
12. What is the name of the HDFC’s student considered by the LPI to evaluate logistics
loan subsidiary company that was in news performance?
recently? (a) 4
(a) Ugro Capital (b) 5
(b) Credila (c) 6
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(d) 8 (b) National Highways & Infrastructure

(e) 10 Development Corporation Limited
Answer: C (c) Central Institute of Road Transport
A month after the record handling (d) Central Road Research Institute
performance in the last financial year, (e) Border Roads Organisation
India's premier container port, Jawaharlal Answer: B
Nehru Port Authority (JNPA) has achieved Union Minister of Ports, Shipping &
yet another milestone. Waterways and Ayush, Shri Sarbananda
Now it has set a global benchmark in Sonowal visited the construction site of
container cargo handling. India’s first International Multi Modal
According to the Logistics Performance Logistics park in Jogighopa, Assam to
Index (LP I) report, 2023, published by the review the progress.
World Bank, JNPA has an effective The park is being developed under the
turnaround time (TAT) of only 22 hours ambitious Bharatmala Pariyojana of the
(equivalent to 0.9 days). Government . First such MMLP, it is being
The Logistics Performance Index (LPI) made by NHIDCL in Jogighopa of Assam.
considers 6 parameters to evaluate logistics The park will be connected to road, rail, air
performance, and waterways. This is being developed in
1. Customs performance 317-acre land along the Brahmaputra.
2. Infrastructure quality
3. Ease of arranging shipments 15. The Ministry of Home Affairs ha s
4. Logistics services quality recently decided to introduce Millets, Shree
5. Consignment tracking and tracing Anna in the meals of personnel of CAPF
6. Timeliness of shipments and NDRF. Which year is declared as the
International Year Millets?
14. The Union Minister of Ports, Shipping & (a) 2021
Waterways has recently(May 2023) visited (b) 2022
the construction site of India’s first (c) 2023
International Multi-Modal Logistics Park in (d)2024
Assam to review the progress.Which of the (e) 2025
following companies develop this Logistics Answer: C
Park? The Ministry of Home Affairs has recently
(a) National Highways Authority of India decided to introduce Millets, Shree Anna in
Page 103 of 424
the meals of personnel of Central Armed the first senior leader from the neighbouring
Police Forces (CAPFs) and National country to visit India in almost 12 years.
Disaster Response Force (NDRF). Hina Rabbani Khar, currently minister of
The decision to introduce 30 per cent Millets state for foreign affairs, was the last
in the meals. The Ministry had asked all the Pakistani foreign minister to travel to India in
forces to take action for the introduction of July 2011 for talks with her Indian
Millets based menu. counterpart. India is holding the
The United Nations had declared 2023 the chairmanship of the SCO for the year 2023.
International Year Millets as recognizing the
importance of millets, and creating a 17. In May 2023, which of the following state
domestic and global demand along with government launched insurance cove r for
providing nutritious food to the people, at milch cattle?
the behest of the Government of India. (a) Karnataka
(b) Tamil Nadu
16. Pakistan's foreign minister Bilawal (c) Rajasthan
Bhutto becomes 1st Pakistan foreign (d) Kerala
minister to visit India in 12 years. Who (e) Odisha
among the following was the last Pakistani Answer: C
foreign minister to travel to India in July Looking at the importance of animal
2011? husbandry in the economy of Rajasthan, the
(a)Inam-ul-Haq state government is providing schemes,
(b) Makhdoom Shah Mahmood Qureshi including recently launched insurance cover
for milch cattle. Livestock accounts for 8-9%
(c) Khurshid Mahmud Kasuri of state GDP.
(d) Abdul Sattar In inflation-relief camps, or “Mehangai
(e) Hina Rabbani Khar Rahat” camps, a scheme of Rajasthan Chief
Answer: E Minister Shri Ashok Gehlot, launched on
Bilawal Bhutto becomes 1st Pakistan April 24, 2023 and slated to continue till
foreign minister to visit India in 12 years. June 30,2023 those in cattle rearing are
Pakistan's foreign minister Mr Bilawal being provided insurance cover of Rs
Bhutto-Zardari arrived in Goa, India to 40,000 each for two milch cows under the
attend a conclave of the Shanghai Mukhyamantri Kamdhenu Pashu Bima
Cooperation Organisation (SCO), becoming Yojana.
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Accenture has appointed Ajay Vij to the

18. In May 2023, Santiago Pena won the newly created role of Country Managing
Paraguay presidential election 2023. Which Director (MD). Rekha M. Menon, Senior
of the following is the currency of Paraguay? Managing Director and Chairperson for
(a) Peso Accenture in India, will retire as of June 30,
(b) Sol 2023.
(c) Guarani
(d) Bolivar 20.The SEBI has introduced Legal Entity
(e) Dollar Identifier (LEI) for non-convertible securities,
Answer: C securitised debt instruments & security
Conservative Economist and former finance receipts. Which of the following statement/s
minister Santiago Pena won the Paraguay regarding Legal Entity Identifieris/are
presidential election 2023. incorrect?
Santiago Pena will be 52nd President of (i) LEI is a unique 22-character code to
Paraguay on Aug 15, 2023. identify legally distinct entities that engage
He won 43% of the vote in the Presidential in financial transactions.
election & defeated opposition candidate (ii) In India, Legal Entity Identifier can be
Efrain Alegre who secured 28% votes. He obtained from Legal Entity Identifier India
will replace Mario Abdo Benítez who is Ltd. (LEIL).
serving as the president of Paraguay since (iii) Presently, Reserve Bank of India (RBI)
2018. mandates non-individual borrowers having
Guaraniis the currency of Paraguay. aggregate exposure of above Rs 25 crore to
obtain Legal Entity Identifier code.
19. Which of the following IT giant has (a) Only (i)
appointed Ajay Vij to the newly created role (b) Only (ii)
of Country Managing Director (MD)? (c) Only (iii)
(a) Wipro (d) Both (ii) and (iii)
(b) TCS (e) All (i), (ii) and (iii)
(c) Cognizant Answer: A
(d) Accenture Securities and Exchange Board of India
(e) Infosys (SEBI) has introduced the Legal Entity
Answer: D Identifier (LEI) system for issuers that have
listed or are planning to list non-convertible
Page 105 of 424
securities, securitized debt instruments, and (b) England

security receipts. (c) Australia
Legal Entity Identifier, a unique global (d) South Africa
identifier for legal entities participating in (e) New Zealand
financial transactions, is designed to create Answer: B
a global reference data system that uniquely English cricket commentator and former
identifies every legal entity, in any cricketer Mark Nicholas has been named as
jurisdiction, that is party to a financial the next president of the prestigious
transaction. Marylebone Cricket Club (MCC).
It is a unique 20-character code to identify He will serve a 12-month term as President,
legally distinct entities that engage in taking up the post on 1 October 2023. His
financial transactions. Presently, Reserve appointment was announced by the current
Bank of India (RBI) mandates non-individual President, Stephen Fry, at the Club’s
borrowers having aggregate exposure of Annual General Meeting held earlier.
above Rs 25 crore to obtain Legal Entity
Identifier code. 22. On May 9 th 2023, The Prime Minister,
The LEI has been introduced by the RBI in a Shri Narendra Modi paid homage to Gopal
phased manner for participants in the over Krishna Gokhale on his birth anniversary.
the counter (OTC) derivative and non- Gopal Krishna Gokhale belongs to which of
derivative markets as also for large the following states?
corporate borrowers. (a) Karnataka
In India, LEI can be obtained from Legal (b) Andhra Pradesh
Entity Identifier India Ltd. (LEIL), which is (c) Maharashtra
also recognised as an issuer of LEI by the (d) Kerala
Reserve Bank under the Payment and (e) Odisha
Settlement Systems Act, 2007. Answer: C
On May 9 th 2023, The Prime Minister, Shri
21. Former cricketer Mark Nicholas has Narendra Modi paid homage to Gopal
been named as the next president of the Krishna Gokhale on his birth anniversary.
prestigious Marylebone Cricket Club (MCC). Born on 9 May, 1866, in Maharashtra,
Marylebone Cricket Club (MCC) is located Gopal Krishna Gokhale was an Indian
in which of the following countries? liberal political leader and a social reformer
(a) Ireland during the Indian Independence Movement.
Page 106 of 424
He had a great influence of the social works cheetahs brought to India from Africa since
of Justice Mahadev Govind Ranade on his last year, in the world’s first intercontinental
life. Apart from being a senior leader of the translocation of such animals, 17 now
Indian National Congress, he was the remain.
founder of the Servants of India Society.
Through the Society as well as the 24. MyGov in collaboration with the Ministry
Congress and other legislative bodies he of Culture is launched a YUVA PRATIBHA –
served in, Gokhale campaigned for Indian Singing Talent Hunt. When was MyGov
self-rule and for social reforms. Platforml aunched?
Gokhale was famously a mentor to (a) 2013
Mahatma Gandhi in the latter’s formative (b) 2014
years. As a young barrister, Gandhi (c) 2015
returned from his struggles against the (d) 2017
Empire in South Africa and received (e) 2020
personal guidance from Gokhale, including Answer: B
a knowledge and understanding of India and With an aim to promote Indian music at the
the issues confronting common Indians. grassroots level on a national scale by
identifying and recognising the new and
23. Cheetah named ‘Daksha’, which was in young talent in various singing genres,
news in May 2023, is related to which of the MyGov in collaboration with Ministry of
following National Parks? Culture is launching a YUVA PRATIBHA –
(a) Kuno National Park Singing Talent Hunt.
(b) Gir National Park The initial submission for the competition
(c) PenchNational Park will be open for a period of one and half
(d) Periyar National Park month.
(e) Bandipur National Park Singing Talent Hunt is a unique opportunity
Answer: A for citizens across India to display their
The female cheetah Daksha released from singing talent and skills and to gain national
South Africa in Kuno National Park was recognition. If one wishes to be New India’s
found fatally injured by the monitoring team emerging artist singer, or musician, then
on 09.05.2023. The animal, named Daksha, he/she can participate in the YUVA
was the third cheetah to die at the national PRATIBHA – Singing Talent Hunt and lend
park in the last three months. Of the 20 the melodic voice in the various genres:
Page 107 of 424
was flagged off from Syama Prasad

• Folk Songs Mookerjee Port, Kolkata.
• Patriotic Songs The operationalisation of Sittwe Port would
• Contemporary Songs enhance bilateral and regional trade as well
MyGov has been established in 2014 as as contribute to the local economy of
Government of India’s Citizen Engagement Rakhine State of Myanmar. The greater
Platform which collaborates with multiple connectivity provided by the Port will lead to
Government bodies/ Ministries to engage employment opportunities and enhanced
with citizens for policy formulation and growth prospects in the region.
seeks the opinion of people on issues/
topics of public interest and welfare. 26. Directorate General of Trade Remedies,
has recommended the imposition of anti -
25. Union Minister for Ports, Shipping and dumping duty on imports of a certain type of
Waterways Sarbananda Sonowal received optical fibre from China, Korea, and
the First Indian Cargo Ship at the Sittwe Indonesia. Which of the following
Port. Which of the following country is home statements regarding the anti-dumping duty
to Sittwe Port? is incorrect?
(a) Sri Lanka (a) Anti-dumping is a measure to rectify the
(b) Myanmar situation arising out of the dumping of goods
(c) Maldives and its trade distortive effect.
(d) Bangladesh (b) The purpose of anti-dumping duty is to
(e) Nepal re-establish fair trade.
Answer: B (c) The use of anti-dumping measure as an
Solution: instrument of fair competition is not
Union Minister for Ports, Shipping and permitted by the WTO.
Waterways and AYUSH Shri Sarbananda (d) Anti-dumping duty is not a measure of
Sonowal and Deputy Prime Minister and protection per se for the domestic industry.
Union Minister for Transport & (e) None of the above
Communications Admiral Tin Aung San, of Answer: C
the Republic of the Union of Myanmar jointly The commerce ministry's arm, the
inaugurated the Sittwe Port in Rakhine Directorate General of Trade Remedies, has
State, Myanmar. During this event they recommended the imposition of anti -
received the first Indian Cargo ship which dumping duty on imports of a certain type of
Page 108 of 424
optical fibre from China, Korea, and Medal winners from the Moscow Wushu
Indonesia to protect the domestic industry Stars Championship were felicitated at the
from cheap inbound shipments. Sports Authority of India. The girls bagged a
Dumping is said to occur when the goods total of 17 medals from the competition held
are exported by a country to another country this month in Russia.
at a price lower than its normal value. This Wushu is also sometimes called kung fu,
is an unfair trade practice which can have a and both are names generally referring to
distortive effect on international trade. the Chinese martial arts.
Anti-dumping is a measure to rectify the
situation arising out of the dumping of goods 28.Where is India’s first Indian Air Force
and its trade distortive effect. Thus, the Heritage Centre located?
purpose of anti-dumping duty is to rectify the (a) Karnataka
trade distortive effect of dumping and re- (b) Madhya Pradesh
establish fair trade. The use of anti-dumping (c) Maharashtra
measure as an instrument of fair (d) Chandigarh
competition is permitted by the WTO. (e) Arunachal Pradesh
In fact, anti-dumping is an instrument for Answer: D
ensuring fair trade and is not a measure of Defence Minister Rajnath Singh inaugurated
protection per se for the domestic industry. the nation’s first Indian Air Force Heritage
It provides relief to the domestic industry Centre in Chandigarh’s Sector 18.
against the injury caused by dumping. Spread across 17,000 sqft at the
Government Press Building, the heritage
27. Medal winners from the Moscow Wushu centre highlights the IAF’s role in various
Stars Championship were felicitated at the wars. It houses five vintage aircraft and will
Sports Authority of India. Wushu is generally provide visitors with cockpit exposure and
refer to which of the following countries ’ an experience with flight simulators. It also
martial arts? houses the first IAF-made patent aircraft Air
(a) Sri Lanka Force ‘Kanpur-1 Vintage Prototype Aircraft’,
(b) Myanmar a single-engine indigenous flying machine
(c) China designed and built by the late Air Vice
(d) Bangladesh Marshal Harjinder Singh in 1958 at Base
(e) Japan Repair Depot Kanpur.
Answer: C
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29. Which of the following ministrie s along Surat, Virar and Thane are Green field while
the Ministry of Railways jointly signed an Sabarmati is a Brown field development.
MoU with Japan International Cooperation
Agency for ‘Station Area Development along 30. National e-Governance Division
Mumbai-Ahmedabad High Speed Rail’? (NeGD), under its Capacity Building
(a) Ministry of Home scheme, organised 36th CISO D eep-Dive
(b) Ministry of Housing & Urban Affairs training programme. Which of the following
(c) Ministry of Road Transport ministry has created the National e-
(d) Ministry of External Affairs Governance Division?
(e) Ministry of Finance (a) Ministry of Home
Answer: B (b) Ministry of Electronics & Information
Ministry of Housing & Urban Affairs Technology
(MoHUA) and Ministry of Railways jointly (c) Ministry of Personnel, Public Grievances
signed an MoU with Japan International & Pensions
Cooperation Agency (JICA) for ‘Station Area (d) Ministry of Information and Broadcasting
Development along Mumbai-Ahmedabad (e) Ministry of Finance
High Speed Rail’ (Project-SMART). Project- Answer: B
SMART envisages to develop surrounding National e-Governance Division (NeGD),
areas of Mumbai - Ahmedabad High Speed under its Capacity Building scheme,
Railway (MAHSR) Stations to enhance organised 36 th CISO Deep-Dive training
accessibility and convenience of commuters programme from 8 th-12th May 2023 with 24
& other stakeholders and to promote participants from Central Line Ministries and
economic activities in the vicinity of station States/UTs at Indian Institute of Public
areas. The project would facilitate and Administration, New Delhi.
enhance institutional capacity of State In 2009, National e-Governance Division
Governments, Municipal Corporations and was created by the Ministry of Electronics &
Urban Development Authorities to plan, Information Technology as an Independent
develop and manage surrounding areas of Business Division under the Digital India
MAHSR stations. The MoU was inked for Corporation {erstwhile Media Lab Asia}.
four High Speed Rail Stations- Sabarmati, Since 2009, NeGD has been playing a
Surat in Gujarat and Virar and Thane in pivotal role in supporting MeitY in
Maharashtra; out of 12 stations in-route. Programme Management and
implementation of the e-Governance
Page 110 of 424
Projects; provide technical and advisory 32. Which of the following states is the first
support to Ministries/ Departments, both at state to make digital health cards for
Central and State levels along with other children?
Government organisations. (a) Himachal Pradesh
(b) Madhya Pradesh
31. Accenture takes the number one spot in (c) Andhra Pradesh
the Everest 2023 PEAK Matrix Service (d) Uttar Pradesh
Provider of the Year Awards for Information (e) Arunachal Pradesh
Technology (IT) services. What is th e rank Answer: D
of Tata Consultancy Services (TCS)? The Urban Development Department and
(a) Two Lucknow Smart City (May 6), launched
(b) Three “School Health Program”. Under the pilot
(c) Four project, the School Health Program has
(d) Five been started by Lucknow Smart City in three
(e) Six schools in Lucknow.
Answer: A A unique ID card will be made for each
Accenture takes the number one spot for child, through which the child’s parents,
the seventh straight year in the Everest school and administrative officials can
2023 PEAK Matrix Service Provider of the download this health card. Follow-up of the
Year Awards for Information Technology Digital Health Report is also done every six
(IT) services.The ranking of Tata months. If a child is admitted to the hospital
Consultancy Services (TCS), Capgemini, due to illness, then he can be treated
and Wipro has risen to take the number 2, through a health cover cashless card of Rs
3, and 4 spots, respectively. 25,000.
Since Everest Group, a global IT research
firm, launched the rankings in 2016, TCS 33. Which of the following companies has
has been in the top five, and this year it launched a feature that allows users to carry
climbed to the second place. Capgemini and out online transactions without the need to
Wipro each rose three positions in the punch in the cardholder verification value
rankings over last year. (CVV), if the card has been tokenised ?
(a) American Express Co
(b) PayPal
(c) Block Inc
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(d) Mastercard as a logistics service provider across the

(e) Visa Inc country.
Answer: E The partnership between India Post, CAIT
Card payments company Visa has launched and Tripta Technologies will provide
a feature that allows users to carry out shipping and the last mile delivery services
online transactions without the need to to CAIT's strong trader base and small and
punch in the cardholder verification value medium business in the unorganised sector.
(CVV), if the card has been tokenised. India Post is a government-operated postal
The CVV-free feature launched in India is system in India, part of the Department of
aimed at making the online transaction Post under the Ministry of Communications.
process smoother.
35. Bharti Airtel has developed an artificial
34. India Post has signed a Memorandum of intelligence (AI)/machine learning -based
Understanding with Confederation of All solution to proactively detect, prevent and
India Traders (CAIT) and Tripta eliminate phishing, spam and fraud through
Technologies for logistics services. India messaging. Which of the follow ing banks
Post comes under the administrative control along with the Bharti Airtel is involved in
of which of the following ministries? testing?
(a) Ministry of Home (a) Axis Bank
(b) Ministry of Electronics & Information (b) HDFC Bank
Technology (c) HSBC Bank
(c) Ministry of Personnel, Public Grievances (d) SBI
& Pensions (e) Federal Bank
(d) Ministry of Information and Broadcasting Answer: B
(e) None of the above Bharti Airtel, one of India's largest
Answer: E telecommunications companies, has
India Post has signed a Memorandum of developed an artificial intelligence
Understanding with Confederation of All (AI)/machine learning-based solution to
India Traders (CAIT) and Tripta proactively detect, prevent, and eliminate
Technologies for logistics services. phishing, spam, and fraud through
The MoU will benefit small and medium messaging, and is testing it in partnership
traders as they will be able to use India Post with HDFC Bank, a leading Indian financial
institution.
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“Direct connectivity has been established The orbital link, Dhruva Space Orbital Link
between Airtel and HDFC to help secure (DSOL) which was also successfully tested
end-to-end SMS (short messaging service) supports satellite-based data relay
connectivity and flagging any other route,”. applications.
The solution uses an anti-spam filter that
can detect and block up to two million 37. Jawahar Navodaya Vidyalaya, Nadia,
messages per day. West Bengal won the first prize in the 24th
National Youth Parliament Comp etition.
36. Dhruva Space announced that i t has Which ministry has organized National
successfully tested and space qualified its Youth Parliament Competition ?
two satellite orbital deployers and an orbital (a) Ministry of Youth Affairs & Sports
link. Which of the following launch vehicle is (b) Ministry of Electronics & Information
used for this trial? Technology
(a) PSLV-C5 (c) Ministry of Personnel, Public Grievances
(b) PSLV-C55 & Pensions
(c) GSLV-C5 (d) Ministry of Information and Broadcasting
(d) PSLV-C15 (e) None of the above
(e) GSLV-C55 Answer: E
Answer: B Jawahar Navodaya Vidyalaya, Nadia, West
Hyderabad-based space tech start-up Bengal won the first prize in the 24th
Dhruva Space announced that it has National Youth Parli ament Competition,
successfully tested and space qualified its 2022-23.
two satellite orbital deployers and an orbital Ministry of Parliamentary Affairs has been
link onboard Indian Space Research organising Youth Parliament Competitio ns
Organisaton's PSLV -C55 launch vehicle. in Jawahar Navodaya Vidyalayas for the
Satellite orbital deployers are the past 26 years.
mechanical casings in which CubeSats, The Youth Parliament Scheme aims at
nano satellites with the dimensions of 10 cm inculcating among the younger generations
x 10 cm x 10 cm, sit when a launch takes the spirit of self-discipline, righteous
place; and when an asset space qualifies it expression of views, and other virtues of a
is understood that the asset has met the democratic way of life.
design and technical requirements to
operate in space.
Page 113 of 424
38. Which of the following companies and to Alchemy’s Fund for relocation to Gujarat
Tesla Power USA has inked an agreement International Finance Tec-City (GIFT) City.
to sell and service batteries at the state - Foreign Portfolio Investment (FPI) involves
owned firm's petrol pumps.? an investor buying foreign financial assets.
(a) IOCL It involves an array of financial assets like
(b) BPCL fixed deposits, stocks, and mutual funds.
(c) HPCL Securities and Exchange Board of India
(d) Essar Oil (SEBI) operates the FPIs.
(e) None of the above
Answer: A 40. World Health Organization (WHO) has
Tesla Power USA has inked an agreement ended the global emergency status of
with Indian Oil Corporation Limited (IOCL) to COVID-19. When did WHO declare Covid -
sell and service batteries at the state-owned 19 as a global health emergency?
firm's petrol pumps. (a) January 2020
The partnership will enable Tesla Power to (b) February 2020
sell and service batteries at over 36,000 (c) March 2020
IOCL petrol pumps across India. This will be (d) April 2020
the first national-level tie-up with Indian Oil (e) May 2020
Corporation Ltd for battery distribution. Answer: A
The World Health Organization (WHO) has
39. Which of the following banks has issued ended the global emergency status of
the first-ever foreign portfolio investor (FPI) COVID-19.
licence to Alchemy’s Fund for relocation to According to WHO’s Coronavirus
Gujarat International Finance Tec -City Dashboard which has collated key statistics
(GIFT) City? since early in the pandemic, the cumulative
(a) HDFC Bank cases worldwide now stand at 765,222,932,
(b) Kotak Mahindra Bank with nearly 7 million deaths: the precise
(c) HSBC Bank figure currently stands at 6,921,614.
(d) State Bank of India As of 30 April,2023 a total of more than 13.3
(e) Federal Bank billion vaccine doses have been
Answer: B administered worldwide.
Kotak Mahindra Bank has issued the first- On 30 January 2020, after the
ever foreign portfolio investor (FPI) licence recommendation of the Emergency
Page 114 of 424
Committee, WHO had declared Covid-19 as (a) Microsoft

a global health emergency. (b) Yahoo
(c) Google
41. In May 2023, the Central Government (d) TCS
promulgated Article 355 in Manipur to take (e) Amazon
charge of the security of the state. Article Answer: A
355 of the Indian Constitution is present in MakeMyTrip has tied up with Microsoft to
which Part of the Constitution of Indi a? make travel planning more inclusive and
(a) Part X accessible by introducing voice -assisted
(b) Part XV booking in Indian languages.
(c) Part XVIII Microsoft Azure OpenAI Service and Azure
(d) Part XVI Cognitive Services will converse with the
(e) Part V user to offer personalised travel
Answer: C recommendation. The beta version of this
The Central Government has promulgated integration has been introduced in English
Article 355 in Manipur to take charge of the and Hindi for flights and holiday customers.
security of the state. The next stage of voice-assisted booking
Article 355 of the Indian Constitution is a flow will cover other transport offerings.
part of emergency provisions contained in
Part XVIII of the Constitution of India, from Primary Tag: MoU and Agreement
Article 352 to 360. Secondary Tag: Outline
This article empowers the Centre to take 43. In May 2023, In which of the following
necessary steps to protect a state from any state had the Max Life Insurance Company
kind of threat, be it internal or external. It (Max Life) entered into a strategic
states that the maintenance of law and partnership with the Indian Industries
order in a state falls under the jurisdiction of Association (IIA) to provide life insurance
the central government. plans to the MSME sector’s workforce?
(a) Himachal Pradesh
42. In May 2023, MakeMyTrip has tied up (b) Madhya Pradesh
with which of the following companies to (c) Bihar
make travel planning more inclusive and (d) Uttar Pradesh
accessible by introducing voice -assisted (e) Tamil Nadu
booking in Indian language s? Answer: D
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Max Life Insurance Company (Max Life), a companies in developing SDVs that
private life insurer, has entered into a incorporate the latest technologies
strategic partnership with the Indian As part of the collaboration, engineers at
Industries Association (IIA) to provide life Tata Technologies will be upskilled at
insurance plans to the MSME sector’s TiHAN in new technology areas.
workforce in Uttar Pradesh (UP).
Under the recently announced IRDAI’s State 45. The Appointments Committee of the
insurance plan, Max Life aims to enhance Cabinet (ACC) has appointed Vineet Josh
accessibility and drive affordable insurance as the new Chief Secretary of which of the
penetration across UP. following states?
Max Life is the appointed lead insurer for (a) Himachal Pradesh
the state of Uttar Pradesh under IRDAI’s (b) Maharashtra
State insurance plan. (c) Bihar
(d) Manipur
44. Which of the following IIT’s and Tata (e) Tamil Nadu
Technologies announced a partnership to Answer: D
collaborate in the areas of Software Defined The Appointments Committee of the
Vehicles (SDV) and Advanced Driver Cabinet (ACC) appointed Vineet Joshi,
Assistance System (ADAS)? Additional Secretary, Department of Higher
(a) IIT Hyderabad Education, Ministry of Education as the new
(b) IIT Delhi Chief Secretary in Manipur.
(c) IIT Madras Vineet Joshi, is a 1992 Manipur cadre
(d) IIT Kanpur Indian Administrative Service (IAS) officer.
(e) IIT Bombay He had served as principal secretary to
Answer: A chief minister Shri N Biren Singh. In
Tata Technologies announced a partnership February 2022, he was appointed as the
with TiHAN IIT Hyderabad, to collaborate in new chairman of the Central Board of
the areas of Software Defined Vehicles Secondary Education (CBSE).
(SDV) and Advanced Driver Assistance He replaced Dr Rajesh Kumar, who was
Systems (ADAS). given a 6-month extension in December
Tata Technologies and TiHAN will 2022.
collaborate towards solutions that address
these specific challenges being faced by
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46. In May 2023, Indian Naval Ship (INS) Before joining Al-Nassr, Cristiano Ronaldo
Magar, Landing Ship Tank (Large) played in which of the following clubs?
amphibious assault ship of the Indian Navy (a) Manchester United
was decommissioned. 'Magar’ has been (b) Manchester City
named after a species of ____ (c) Liverpool
(a) Tiger (d) Chelsea
(b) Star Fish (e) Barcelona
(c) Whale Answer: A
(d) Crocodile Cristiano Ronaldo became the world's
(e) Lion highest-paid athlete after he signed a
Answer: D contract worth more than 200 million euros
Indian Naval Ship (INS) Magar, Landing ($219.98 million) with Saudi Arabian side Al-
Ship Tank (Large) amphibious assault ship Nassr.
of the Indian Navy decommissioned after 36 After leaving Manchester United, Cristiano
years of exceptional service at the naval Ronaldo joined Saudi Fo otball Club until
base in Kochi, Kerala. 2025.
The chief guest for the event was Chief of Lionel Messi is in the second spot with $130
Army Staff General Manoj Pande. million while Kylian Mbappe is in third spot
On April 10, 2018, the ship changed its base with $120 million. LeBron James ($119.5
port to Kochi from Visakhapatnam for million) and Canelo Alvarez ($110 million)
training sea officers, after decades of active are in the fourth and fifth spots respectively.
operational deployment. According to the report, sports players are
The literal meaning of ‘Magar’ is a crocodile getting more money than ever because of
in English.This ship was commissioned by Middle Eastern investment in golf and
Admiral RH Tahiliani, Chief of the Naval football.
Staff, on July 15 1987.INS Magar was built
by the Kolkata-based Garden Reach 48. Pakistan skipper Babar Azam has
Shipbuilders and Engineers (GRSE). become the fastest player to reach 5000
runs in the ODI format. Whose record has
47. Cristiano Ronaldo became the world's been broken by him to become the fastest
highest-paid athlete after he signed a player to reach 5000 runs in the ODI?
contract with Saudi Arabian side Al -Nassr. (a) MS Dhoni
(b) Virat Kholi
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(c) Hashim Amla This card simplifies financial operations for

(d) Sachin Tendulkar businesses with benefits like up to 2 percent
(e) Rohit Sharma cashback, 48 days interest-free credit and
Answer: C instant loans. The credit card offers fire
Pakistan skipper Babar Azam has become insurance, burglary and housebreaking
the fastest player to reach 5000 runs in the coverage, making it a one-stop solution for
ODI format. He crossed the 5000 run-mark businesses.
in 97 innings. During the fourth match
against New Zealand in Karachi, Pakistan 50. According to a United Nations (UN)
captain Babar Azam became the fastest report, some _____ people needed
batsman to complete 5,000 One Day emergency food aid last year because of
International runs. conflict, economic shocks and climate
He broke South Africa's H ashim Amla's disasters, a sharp rise from 193 million the
record. Azam took 97 innings in 99 One Day previous year.
Internationals to reach the record, (a) 158 million
surpassing Amla's record of 101 innings in (b) 128 million
104 matches. (c) 208 million
(d) 228 million
49. In May 2023, w hich of the following (e) 258 million
banks has partnered with RuPay to Answer: E
introduce Business Cashback RuPay credit According to a United Nations (UN) report
card to meet the financial requirements of some 258 million people needed emergency
self-employed customers? food aid in 2022 because of conflict,
(a) Ujjivan Small Finance Bank economic shocks and climate disasters, a
(b) Janalakshmi Small Finance Bank sharp rise from 193 million the previous
(c) AU Small Finance Bank year.
(d) Equitas Small Finance Bank More than 40% of those in serious need of
(e) Capital Small Finance Bank food lived in the Democratic Republic of the
Answer: C Congo, Ethiopia, Afghanistan, Nigeria and
AU Small Finance Bank has partnered with Yemen.
RuPay to introduce Business Cashback People in 7 countries faced starvation and
RuPay credit card to meet the financial destitution, or catastrophe levels of acute
requirements of self-employed customers. hunger at some point during 2022. This
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overall figure has now increased for the 4th (e) France
consecutive year in a row. Answer: B
PUMA's India & South East Asia MD
51. Lionel Messi was named the Laureus Abhishek Ganguly has resigned after
Sportsman of the Year. Which countries serving over 17 years with the German
men's football team was named as the footwear and apparel multinational, said
World Team of the Year? industry sources.
(a) Holland Ganguly will leave the company in August,
(b) Germany after which he has plans to start his venture
(c) Spain in the sportswear ecosystem. Karthik
(d) Argentina Balagopalan, who is presently in Germany
(e) France with the parent firm PUMA SE as Senior
Answer: D Manager of Growth Markets, would take
Argentina's World Cup winning captain over from Ganguly, sources added.
Lionel Messi was named the Laureus
Sportsman of the Year at the awards 53. FMCG major Marico re-appointed
ceremony in Paris. Messi also received an Saugata Gupta for which of the following
award on behalf of the Argentina men's positions for a period of two years?
football team, who were named World Team (a) Chief Marketing Officer
of the Year after their triumph at the 2022 (b) Chief Executive Officer
World Cup in Qatar. (c) Managing Director
Sprint champion Shelly-Ann Fraser-Pryce (d) Managing Director and Chief Executive
bagged the top women's honour at the Officer
awards ceremony. (e) Managing Director and Chairman
Answer: D
52. PUMA's India & South East Asia MD FMCG giant Marico Limited on Friday re-
Abhishek Ganguly has resigned after appointed Mr. Saugata Gupta as the
serving over 17 years. Where is the Managing Director & Chief Executive Officer
headquarters of PUMA located? for a term of 2 (two) years w.e.f. April 1,
(a) Russia 2024 to March 31, 2026," In 2014, he took
(b) Germany over as Managing Director of the company.
(c) Spain He was ranked #4 and #47 in the FMCG
(d) South Korea sector and Pan-India respectively in the
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Business Today-PWC list of India’s Top 100 Cricket Council (ICC). Where is the
CEOs in 2017 and was ranked as ‘India’s headquarters of International Cricket
Most Valuable CEOs’ by Businessworld in Council (ICC) located?
2016 and 2018,” the company said. (a) London
(b) Abu Dhabi
54. Union Bank of India has set an (c) Dubai
ambitious target to become the third-largest (d) Boston
PSB in the country by 2025. Which of the (e) New York
following banks were amalgamated into Answer: C
Union Bank of India in 2020 ? Global payments and technology company
(a) Andhra Bank and Indian Bank Mastercard on Monday replaced mobile
(b) Andhra Bank and Vijaya Bank payments and financial services company
(c) Karnataka Bank and Corporation Bank Paytm, who held the rights for seven years,
(d) Andhra Bank and Corporation Bank as the title sponsor for all of India's
(e) Indian Bank and Corporation Bank international matches (both women and
Answer: D men) held at home.
Union Bank of India, one of the leading The deal also includes domestic cricket
public sector banks (PSBs) in India, has set matches and prestigious tournaments like
an ambitious target to become the third - Irani Trophy, Duleep Trophy, and Ranji
largest PSB in the country by 2025. With a Trophy organized by the BCCI apart from all
focused strategy and strong determination, junior cricket (Under 19 and Under 23)
Union Bank aims to consolidate its position matches held in India.
and enhance its market share in the banking The ICC has its headquarters in Dubai,
industry. United Arab Emirates.
The Bank, having its headquarters at
Mumbai (India), was registered on 56. National Technology Day in India is
November 11, 1919 as a limited company. observed on May 11th every year. Which of
Recently, Andhra Bank and Corporation the following statements about National
Bank were amalgamated into Union Bank of Technology Day is correct?
India with effect from 01.04.2020. (i) The celebration of National Technology
Day was started by former Prime Minister
55. Mastercard has replaced BharatPe as Shri Atal Bihari Vajpayee in 2002.
the global sponsor of the International
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(ii) It is celebrated to honour Indian 2023. He belongs to which of the following

scientists, engineers and technologists, who countries?
worked for India’s scientific and (a) India
technological advancement and ensured the (b) Bhutan
successful conduct of Pokhran tests in May (c) Pakistan
1998. (d) Sri Lanka
(iii) This year's theme is ‘School to Startups- (e) Malaysia
Igniting Young Minds to Innovate’. Answer: C
(a) Only (i) Pakistan batter Fakhar Zaman was named
(b) Only (i) and (iii) the ICC Men's Player of the month for April
(c) Only (ii) while Thailand skipper Naruemol Chaiwai
(d) Only (ii) and (iii) was adjudged best in the women's section
(e) All (i), (ii) and (iii) after both produced match -winning
Answer: D performances for their countries in the ODIs.
National Technology Day in India is Both batters were identified as April’s
observed on May 11th every year. outstanding performers following a vote
The celebration of National Technology Day conducted among a specialist panel
was started by former Prime Minister Shri comprising ICC Hall of Famers, former
Atal Bihari Vajpayee in 1999 to honour international players, and media
Indian scientists, engineers an d representatives, who, in combination with
technologists, who worked for India’s global cricket fans registered at icc-
scientific and technological advancement cricket.com, had been voting since the
and ensured the successful conduct of nominees were announced.
Pokhran tests in May 1998. Fakhar becomes the first Pakistan player to
Since then, National Technology Day is win the monthly accolade since Sidra
observed every year on May 11. It is Ameen in November 2022, and does so on
celebrated with a new and different theme the back of two crucial match-winning
every year. This year's theme is ‘School to centuries in Pakistan’s ODI series success
Startups- Igniting Young Minds to Innovate’. against touring New Zealand.
57. Cricketer Fakhar Zaman was named the 58. In May 2023, SEBI allowed stock
ICC Men's Player of the month for April exchanges to extend direct market access
to registered Foreign Portfolio Investors
Page 121 of 424
(FPIs) in order to promote institutional (e) ₹3.00 lakh and ₹1.25 lakh
participati on in Exchange Traded Answer: D
Commodity Derivatives (ETCDs) from which The Reserve Bank of India imposed a
of the following dates? monetary penalty of ₹2.00 lakh on the
(a) 1 June 2023 Trichur Urban Co-operative Bank Ltd,
(b) 1 July 2023 Thrissur for non-compliance with directions
(c) 1 August 2023 issued by RBI on management of advance -
(d) 1 September 2023 UCBs and ₹1.25 lakh on Bhilai Nagarik
(e) None of the above Sahakari Bank Maryadit, Bhilai for
Answer: E contravention of/non-compliance with the
In order to promote institutional participation provisions of the Banking Regulation Act,
in Exchange Traded Commodity Derivatives 1949 and the Depositor Education and
(ETCDs), market regulator Securities and Awareness Fund Scheme, 2014.
Exchange Board of India (Sebi) allowed The inspection report of the Trichur Urban
stock exchanges to extend direct market Co-operative Bank based on its financial
access to registered Foreign Portfolio position as on March 31, 2020, revealed,
Investors (FPIs) with immediate effect. inter alia, instances of sanction of gold loans
Direct Market Access (DMA) facilitates the in breach of the cap under bullet repayment
clients of a broker to directly access the scheme.
exchange trading system through the
broker's infrastructure to place orders 60. India's Rhythm Sangwan took bronze in
without manual intervention by the broker. the women's air pistol event at the ISSF
World Cup 2023 for rifle and pistol shooters
59. In May 2023, Reserve Bank imposed a in Baku, Azerbaijan. Under which category
monetary penalty on Trichur Urban Co - did Rhythm Sangwan win bronze medal?
operative Bank, and Bhilai Nagarik Sahakari (a) 10m air pistol
Bank Maryadit, for non-compliance with (b) 15m air pistol
banking rules. How much is the penalties on (c) 20m air pistol
the two banks respectively? (d) 25m air pistol
(a) ₹2.50 lakh and ₹1.00 lakh (e) 30m air pistol
(b) ₹2.00 lakh and ₹1.75 lakh Answer: A
(c) ₹2.00 lakh and ₹3.25 lakh India's Rhythm Sangwan took bronze in the
(d) ₹2.00 lakh and ₹1.25 lakh women's 10m air pistol event at the ISSF
Page 122 of 424
World Cup 2023 for rifle and pistol shooters will ensure inclusive capacity building of
in Baku, Azerbaijan. health professionals from primary health
Rhythm Sangwan finished third in the final centres located in rural and remote areas all
with a score of 219.1, behind Olympic the way up to tertiary care and corporate
champion Anna Korakaki of Greece and hospitals in metropolitan cities.
gold medalist Olena Kostevych of Ukraine
from the 2004 Olympic Games in Athens. It 62. In May 2023, Federal Bank has
was Rhythm Sangwan's first individual partnered with National e -Governance
senior medal at the World Cup of Shooting. Services Limited (NeSL) to launch an
electronic bank guarantee (e-BG) facility.
61. In May 2023, Which of the following What is the paid-up capital of National e-
ministry has launched a Learning Governance Services Limited?
Management Information System (LMIS) (a) Rs. 30 Crore
named SAKSHAM? (b) Rs. 50 Crore
(a) Ministry of Panchayati Raj (c) Rs. 75 Crore
(b) Ministry of Health & Family Welfare (d) Rs. 100 Crore
(c) Ministry of Information and Broadcasting (e) Rs. 125 Crore
(d) Ministry of Commerce Answer: C
(e) Ministry of Education Indian private sector bank Federal Bank has
Answer: B partnered with National e -Governance
In May 2023, Union Health Services Limited (NeSL) to launch an
Secretary launched the SAKSHAM electronic bank guarantee (e -BG) facility.
(Stimulating Advanced Knowledge for With this partnership, Federal Bank hopes
Sustainable Health Management), a to completely replace the traditional paper-
Learning Management Information System based process ‘in due course’.
(LMIS) of MoHFW. This digital learning National E-Governance Services Limited
platform has been developed by the (NESL) was incorporated to augment the
National Institute of Health & Family Welfare Information Infrastructure of India with a
(NIHFW), New Delhi . focus on delivering services for the public,
SAKSHAM is a dedicated and unified government and public financial institutions.
platform for providing online training and It was incorporated on 24th June 2016 as a
medical education to all health professionals Union government company with an
in the country. This digital learning platform Authorized Paid up capital of Rs. 30 Crore
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and special permission from Ministry of Bank customers can pay with their RuPay
Corporate Affairs permitting the use of the Credit Card when scanning UPI QR Codes
word NATIONAL upon complying with the or at the merchant’s UPI checkout page.
criteria of maintaining 51% of its The UPI transaction limit per day is Rs.1
shareholding with Banks and Public Sector lakh as per NPCI. However, the limit is Rs.5
Undertakings at all times. Currently the lakh for bill payments and merchants. The
Authorized Paid up capital of Rs. 75 Crore maximum UPI daily transfer limit can
and 65% shareholding is held by major change from bank to bank between
Government Financial Institutions. Rs.25,000 to Rs.1 lakh.
63. In May 2023, Axis Bank has 64. YES Bank has launched a lending
successfully enabled linkage of RuPay proposition called “YES KIRAN” to provide
credit cards with Unified Payments Interface financial assistance to MSME
(UPI). What is the UPI transaction limit per manufacturers. What is the purpose behind
day for peer-to-peer transfer as per NPCI? this financial assistance?
(a) Rs. 50,000 (a) Purchase of Electric Vehicles
(b) Rs. 60,000 (b) Purchase of products from startups
(c) Rs.1 lakh (c) Installation solar panels at their premises
(d) Rs.1.5 lakh (d) Purchase of Made in India products
(e) Rs.2 lakh (e) None of the above
Answer: C Answer: C
India’s third largest private sector bank, Axis YES Bank, has launched a lending
Bank, has successfully enabled linkage of proposition called “YES KIRAN” to provide
RuPay credit cards with Unified Payments financial assi stance to Micro, Small and
Interface (UPI). Axis Bank has become the Medium Enterprises (MSME) manufacturers
latest entrant in the list of banks that offer who want to install solar panels at their
customers to link their RuPay credit card premises.
with UPI, with other banks being Canara YES KIRAN offers a range of benefits to
Bank, HDFC Bank, Indian Bank, Punjab MSMEs, including less operational cost,
National Bank (PNB) and Union Bank of end-to-end support, flexible loan tenure at
India (UBI). competitive interest rates, and a variety of
tie-ups with leading solar panel
manufacturers and installers such as Tata
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Power Solar Systems Limited, Goldi Solar, • Maturity Amount: 100 times of principal
Loom Solar. instalment amount
The bank has also partnered with • Life Insurance Coverage: 100 times of
companies like Panasonic Solar Power principal instalment amount.
System to help businesses transition to
renewable energy solutions. 66. What is the penalty imposed by the
Reserve Bank of India (RBI) on the
65. Central bank of India has launched a Hongkong and Shanghai Banking
unique Recurring Deposit scheme with life Corporation Limited (HSBC Ltd) for the
cover “Cent SurakshitSamriddhi”. Which of contravention of certain rules under Credit
the following age category people is Information Companies Rules, 2006 (CIC
covered under this scheme? Rules)?
(a) 21 - 50 years (a) Rs 1.03 crore
(b) 18 - 50 years (b) Rs 1.3 crore
(c) 21 - 58 years (c) Rs 1.73 crore
(d) 18 - 58 years (d) Rs 2.03 crore
(e) 18 - 60 years (e) Rs 2.73 crore
Answer: B Answer: C
Central bank of India has launched a unique The Reserve Bank of India (RBI) has
Recurring Deposit scheme with life cover “ imposed a penalty of Rs 1,73,75,000 (Rs
Cent SurakshitSamriddhi” exclusively for 1.73 crore) on the Hongkong and Shanghai
earning individual in the age group of 18 - Banking Corporation Limited (HSBC Ltd) for
50 years with additional benefit of Life the contravention of certain rules under
insurance coverage of 100 times of principal Credit Information Companies Rules, 2006
instalment amount till the maturity of (CIC Rules).
Recurring Deposit. The statutory inspection for supervisory
Key features of the scheme: evaluation (lSE) of the bank was conducted
• Eligibility: Age group 18-50 years by RBI with reference to its financial position
(Earning customer only) as on March 31, 2021, and the examination
• Instalment: Minimum 10 k Maximum 1 of the Risk Assessment Report and all
lac. related correspondences pertaining to the
• Period of Deposit: 84 months same.
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This action is based on deficiencies in 68. iDrone initiative, which was in news
regulatory compliance and is not intended to recently, is an initiative of which of the
pronounce upon the validity of any following organisations?
transaction or agreement entered into by the (a) Defence Bioengineering and
bank with its customers. Electromedical Laboratory
(b) Indian Council of Medical Research
67. PM Modi laid the foundation stone of (c) Council of Scientific and Industrial
Laser Interferometer Gravitational -Wave Research
Observatory – India (LIGO-India). The (d) Armament Research & Development
LIGO-India facility is being constructed in Establishment
which of the following states? (e) Centre for Airborne Systems
(a) Gujarat Answer: B
(b) Rajasthan The Indian Council of Medical Research
(c) Haryana (ICMR) has successfully conducted a trial
(d) Punjab run of delivery of blood bags by drones
(e) Maharashtra under its iDrone initiative. The trial run, as
Answer: E part of a pathbreaking validation study, has
PM Modi laid the foundation stone of L aser been undertaken for the first time in the
Interferometer Gravitational -Wave country by the ICMR; Lady Hardinge
Observatory – India (LIGO-India). The Medical College (LHMC); Government
LIGO-India facility is being constructed in Institute of Medical Sciences (GIMS),
the Hingoli district in Maharashtra. Greater Noida; and the Jaypee Institute of
LIGO-India will be an advanced Information Technology (JIIT), Noida.
gravitational-wave observatory to be located The inaugural trial flight carried 10 units of
in India as part of a worldwide network. whole blood samples from the GIMS and
Two existing LIGO observatories in the LHMC in visual line of sight. LHMC and
United States detected gravitational waves GIMS are centres for supplying blood bags
for the first time in 2015. Since then, two and testing the samples.
more similar detectors have come onboard, JIIT is acting as the implementation centre
one in Italy and the other in Japan. LIGO for drone sorties.
India would be the fifth node of this network, The project ‘i -DRONE’(ICMR’s Drone
and possibly the last. Response and Outreach for North East)
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assessed the feasibility of using drones to Rajasthan. Which of the following

deliver vaccines and medical supplies. statements about Lithium reserve is
incorrect?
69. Which of the following Ministries (i) Earlier in 2023, the Geological Survey of
announced that a task force will be set up India (GSI) has discovered lithium reserves
for land governance in the North -Eastern in J&K.
states? (ii) Lithium is called as the ‘Black gold’.
(a) Ministry of Panchayati Raj (iii) Lithium is primarily used in the
(b) Ministry of Development of North production of rechargeable batteries,
Eastern Region particularly those used in electric vehicles,
(c) Ministry of Home portable electronic devices, and power
(d) Ministry of Commerce tools.
(e) Ministry of Rural Development (a) Only (i)
Answer: E (b) Only (i) and (ii)
The Union Rural Development Ministry (c) Only (ii)
announced that a task force will be set up (d) Only (ii) and (iii)
for land governance in the North -Eastern (e) All (i), (ii) and (iii)
states. This decision was taken at National Answer: C
Conference on "Land Governance in North In yet another boost for India’s net zero
Eastern States" held in Guwahati, Assam. emissions, the Geological Survey of India
Sessions on current state practices and (GSI) has discovered lithium reserves in
modernisation of land records and land Rajasthan's Degana (Nagaur). The find
governance assessment framework were comes three months after the 5.9 million
held during the conference. tonnes lithium reserves in J&K. While the
The Assam, Tripura, Mizoram and capacity of the reserve has not been
Meghalaya territorial and autonomous disclosed, media reports are citing
district councils held that digitisation and Rajasthan’s government officials stating the
modernisation of land records are state's reserves to be even larger than the
necessary for the development of the previous find.
region. Often pegged as the ‘white gold’, lithium has
emerged as a metal of priority even for India
70. In May 2023, Geological Survey of India given its ambitious targets of achieving 30
(GSI) has found Lithium reserve in per cent electric vehicle sales of total new
Page 127 of 424
vehicle sales and increasing non -fossil

energy capacity to 500 GW by 2030.Lithium 72. In May 2023, Union Culture Minister
is primarily used in the production of said Santiniketan, the place where
rechargeable batteries, particularly those Rabindranath Tagore built Visva -Bharati
used in electric vehicles, portable electronic over a century ago, has be en recommended
devices, and power tools. for inclusion in the UNESCO World Heritage
List. As of May 2023, how many UNESCO
71. What is the deadline set by India to World Heritage sites are currently present in
establish green hydrogen bunkering and India?
refuelling facilities at all 12 major ports in the (a) 30
drive to cut its carbon footprint? (b) 32
(a) 2025 (c) 35
(b) 2028 (d) 40
(c) 2030 (e) 45
(d) 2035 Answer: D
(e) 2040 Union Culture Minister G Kishan Reddy said
Answer: D Santiniketan, the place where Nobel
India has set a deadline of 2035 to establish Laureate poet R abindranath Tagore built
green hydrogen bunkering and refueling Visva-Bharati over a century ago, has been
facilities at all 12 major ports in the drive to recommended for inclusion in the UNESCO
cut its carbon footprint. World Heritage List by an international
One of the world's biggest emitters of advisory body.
greenhouse gases, India aims to cut India has been striving for a long to get a
emissions to net zero by 2070, and the UNESCO tag for this cultural site located in
shipping minister said three of its ports West Bengal’s Birbhum district.
would initially have bunker facilities for This will formally be announced in the World
green hydrogen and ammonia. Heritage Committee meeting to be held in
The initial ports in the effort are to be Riyadh, Saudi Arabia in September 2023.
Paradip in the east, Kandla in the west, and The France-based International Council on
Tuticorin in the south. The new shipping Monuments and Sites (ICOMOS) is an
guidelines require ports to satisfy at least international non-governmental organisation
60% of electricity needs through renewables that comprises professionals, experts, and
by 2030 and 90% by 2047. representatives from local authorities,
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companies and heritage organisations and (e) Haryana

is dedicated to the conservation and Answer: C
enhancement of architectural and landscape Uttarakhand Chief Minister (CM) Shri
heritage around the world. Pushkar Singh Dhami approved 'Chief
As of May 2023, there are a total of 40 Minister's Skill Upgradation and Global
UNESCO Heritage Sites in India. Employment Scheme' (Mukhya Mantri
Kaushal Unnayan aur Vaishavik Rozgar
(e) Board of Directors Yojana). An application has been developed
Answer: C on the 'Apuni Sarkar Portal' to create a
The Public Enterprise Selection Board database related to youth seeking
(PESB) has recommended Parminder employment abroad.
Chopra for the post of Chairman and The proposals are being invited from
Managing Director (CMD) of India’s largest organisations working in the field of foreign
Nonbank financial company (NBFC) by net employment and so far the proposals of
worth (all reserves), Power Finance many organisations have been received by
Corporation (PFC). the government.
Chopra will be the first woman to be In the first phase, work will be done to
appointed as the CMD of the PFC. connect the youth of the state with the
In her new role as CMD, Chopra will be employment opportunities available abroad
responsible for driving the strategic in the fields of nursing and hospitality.
initiatives at PFC, spearheading the A workshop will be held on May 9, 2023
organisation’s growth trajectory, and further where interested candidates will be
strengthening its position as a leading screened and after selection, trained for
Maharatna Public Sector Undertaking jobs available in the elderly care sector in
(PSU). Japan.
76. Which of the following states launched 77. Which of the following IIT along with the
the Mukhya Mantri Kaushal Unnayan aur scientists from the DRDO have teamed up
Vaishavik Rozgar Yojana in May 2023? to create a cutting-edge Piezoelectric
(a) Gujarat MEMS (Micro Electro Mechanical System)
(b) Rajasthan technology sensor for und erwater
(c) Uttarakhand communications?
(d) Bihar (a) IIT Delhi
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(b) IIT Madras (c) Space Science and Technology

(c) IIT Kanpur Awareness Test
(d) IIT Bombay (d) Space Science and Technology
(e) IIT Roorkee Awareness Training
Answer: B (e) Space Science and Technology
Scientists from the Defence R esearch and Recruitment Training
Development Organisation (DRDO) and Answer: D
researchers from the Indian Institute of The Indian Space Research Organisation
Technology Madras (IIT-M), Chennai, Tamil (ISRO) has launched a new introductory -
Nadu (TN) have teamed up to create a level online training programme called
cutting-edge Piezoelectric MEMS (Micro Space Science and Technology Awareness
Electro Mechanical System) technology Training (START) for post-graduate and
sensor for underwater communications. This final-year undergraduate students of
sensor will be beneficial for defence physical sciences and technology.
applications, particularly in the naval forces. Academic institutions can submit
The research was led by IIT Madras applications for the programme through the
professors Amitava Das Gupta and Boby Jigyasa portal by May 20, 2023. The
George along with E. Varadarajan, scientist programme will cover various domains of
and V. Natarajan, senior scientist of DRDO Space Science, including Astronomy and
at the DRDO Industry Academia – Astrophysics, Heliophysics and Sun-Earth
Ramanujan Centre of Excellence (DIA- interaction, Instrumentation, and Aeronomy.
CRoE) in the institute.
79. International Nurses Day is celebrated
78. ISRO has launched a new introductory - every year on May 12. What is the theme for
level online training programme called the year 2023?
START for post-graduate and final -year (a) 'Our Nurses. Our Safety'
undergraduate students of physical (b) 'Our Nurses. Our Society'
sciences and technology. What does (c) 'Our Nurses. Our Security'
START stand for? (d) 'Our Nurses. Our Future'
(a) Space Science and Technology (e) 'Our Nurses. Our Family'
Advancement Training Answer: D
(b) Space Science and Technology International Nurses Day is celebrated every
Advancement Test year on May 12. Nurses Day is celebrated
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to praise the Nurses who contribute their polluted towns for reducing carbon
work to the Society emissions.
The theme for the 2023 resource is 'Our
Nurses. Our Future.' In 1953, US 81. Every year, World Thalassemia Day is
Department of Health, Education and celebrated on May 8. Thalassaemia is an
Welfare officer Dorothy Sutherland inherited disorder related to which of the
contacted US President following?
Dwight.D.Elsenhower to celebrate “Nurses (a) Haemoglobin
Day”. Since 1965, the International Council (b) Neuroglobin
of Nurses (ICN) has celebrated this day. (c) Cytoglobin
From January 1974, May 12 was officially (d) Myoglobin
declared “International Nurses Day”. (e) None of the above
Answer: A
80.Which of the following ministry formed a Panos Englezos, President and Founder of
panel who have suggested that India should Thalassemia International Federation
ban the use of diesel-powered four-wheeler created this day in 1994 in the memory of
vehicles by 2027? his son George and other Thalassemia
(a) Ministry of Health & Family Welfare patients who fought the disease bravely.
(b) Ministry of Petroleum and Natural Gas Since then, every year, World Thalassemia
(c) Ministry of Heavy Industry & Public Day is celebrated on May 8.
Enterprises Thalassaemia is a inherited disorder where
(d) Ministry of Environment & Forests the oxygen-carrying proteins in the blood –
(e) Ministry of Coal also known as haemoglobin – and red blood
Answer: B cells are lesser than normal. This further
A panel formed by the Ministry of Petroleum leads to fatigue, weakness and slow growth
and Natural Gas suggested that India of the body. While mild forms of the disorder
should ban the use of diesel-powered four- may not require treatment, the serious forms
wheeler vehicles by 2027. The Energy may need blood transfusion or donor stem-
Transition Advisory Committee was formed cell transplant.
under the chairmanship of former oil
secretary Tarun Kapoor. It recommends 82. Kerala has become the first state in the
switching to electric and gas-fuelled vehicles country to have a drone surveillance system
in cities with more than a million people and in all police districts in the state. Which is
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the first state to develop a drone forensic lab The Indian Army is working on a number of
and an anti-drone system at the state level? key tech-driven projects, including a
(a) Gujarat battlefield surveillance system and another
(b) Rajasthan initiative that will bring in “multi-domain
(c) Kerala spatial awareness” on a single GIS platform
(d) Tamil Nadu to make itself more potent and efficient.
(e) Haryana Among these projects is the Army’s
Answer: C Battlefield Surveillance System or ‘Project
Kerala has become the first state in the Sanjay’ which seeks to create a number of
country to have a drone surveillance system surveillance centres for the field formations.
in all police districts in the state. Chief Bharat Electronics Limited, Ghaziabad is the
Minister Pinarayi Vijayan distributed the project’s system integrator, and they have
drones to all police districts and the drone succeeded in meeting the Army’s aspiration
pilot licences to the specially trained drone in full. The contract with the supplier is now
pilots. He also launched indigenously being progressed further for delivery of
developed anti-drone software on the these surveillance centres for the field
occasion. formations by December 2025.
Kerala is the first state to develop a drone
forensic lab and an anti-drone system at the 84. Cyclone Mocha, which was in news in
state level. The drone forensic lab can May 2023, has been named by which of the
identify malicious drones and recover full following countries?
data from them for detailed analysis (a) Sri Lanka
(b) Yemen
83. Indian Army's Battlefield Surveillance (c) Nepal
System is being built under 'Project Sanjay’. (d) Pakistan
Which of the following PSU is the project’s (e) Myanmar
system integrator? Answer: B
(a) Mishra Dhatu Nigam Limited The name Mocha, pronounced Mokha, was
(b) Bharat Dynamics Limited proposed by Yemen, after the Red Sea port
(c) Bharat Earth Movers Limited city Mokha, which introduced coffee to the
(d) Bharat Electronics Limited world 500 years ago. Mocha was
(e) Hindustan Aeronautics Limited categorised as a very severe cyclonic storm.
Answer: D
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In a significant development a Memorandum

85. Indian government plans to launch of Understanding was signed between the
'Trusted Traveller Programme' for travellers Ministry of Ayush and the Indian Counci l of
with Indian passports at international Medical Research (ICMR) to promote and
airports. By when will this programme be collaborate on integrative health research.
expanded to all airports in India? This cooperation will focus on identified
(a) 2025 areas of national importance in healthcare
(b) 2028 for promoting high impact research to
(c) 2030 generate evidence utilizing modern scientific
(d) 2032 methods. This MoU will also strengthen
(e) 2035 research capacity through training of Ayush
Answer: D researchers.
With an aim to reduce congestion at airport
check points, Indian government will soon 87. The Reserve Bank (RBI) invited
launch a ‘Trusted Traveller Programme’ for interested Indian companies to participate in
faster immigration clearance of pre-verified Greenwashing TechSprint organised by
travellers. The new scheme will be launched Global Financial Innovation Network (GFIN).
for travellers with Indian passports across When was Global Financial Innovation
international airports in India. The program Network formed?
will be started on a pilot basis at Delhi and (a) 2005
Mumbai airports this year. Later it wil l be (b) 2008
expanded to 15 more international airports (c) 2013
by 2027 and all airports by 2032 (d) 2019
(e) 2015
86. Which of the following Ministries and Answer: D
ICMR sign an MoU to promote and The Reserve Bank (RBI) invited interested
collaborate on integrative health research? Indian companies to participate in
(a) Ministry of Health & Family Welfare Greenwashing TechSprint organised by
(b) Ministry of Ayush Global Financial Innovation Network (GFIN).
(c) Ministry of Science & Technology The Global Financial Innovation Network
(d) Ministry of Environment & Forests (GFIN) was formally launched in January
(e) Ministry of Education 2019 by an international group of financial
Answer: B regulators and related organisations.
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The TechSprint aims to develop a tool or CAD is India’s major short-term external
solution that can help regulators and the liability, affecting the exchange rate and
market to effectively tackle the risks of investor sentiment. After peaking at 3.7 per
greenwashing in financial services. cent of Gross Domestic Product (GDP) in
The GFIN is a network of over 70 the second quarter of the previous fiscal
organisations committed to supporting (FY22), CAD shrank significantly to 2.2 per
financial innovation in the interests of cent in the third quarter of FT23. This
consumers. It seeks to provide a more decline was driven by falling oil imports,
efficient way for innovative firms to interact boost from services exports, and rising
with regulators, helping them navigate remittances. The Economic Times
between countries as they look to scale new recognised CRISIL Limited as one of the
ideas. Best Organisations for Women 2023.
88. According to the CRISIL Rating, India’s 89. In the latest push to electric vehicl es
vulnerability to global shocks is expected to (EVs) to meet climate goals, government
reduce in FY24 as the Current Accoun t think tank NITI Aayog has come up with
Deficit (CAD) improves amid challenging yearly targets for ride -hailing apps for
external financing conditions. In April 2023, electrifying their fleet by 2030-31. For two-
Which of the following recognised CRISIL wheelers, the target is to achieve ___of EVs
Limited as one of the Best Organisations for in the fleet, while for four-wheelers the aim
Women 2023? is ____.
(a) NDTV India (a) 30 percent and 15 percent
(b) Indian Today (b) 20 percent and 15 percent
(c) Forbes (c) 30 percent and 20 percent
(d) The Economic Times (d) 20 percent and 30 percent
(e) The New York Times (e) 30 percent and 25 percent
Answer: D Answer: C
India’s vulnerability to global shocks is In the latest push to electric vehicles (EVs)
expected to reduce in FY24 as the Current to meet climate goals, government th ink
Account Deficit (CAD) improves amid tank NITI Aayog has come up with yearly
challenging external financing conditions, targets for ride-hailing apps for electrifying
according CRISIL Rating. their fleet by 2030-31, according to
government sources.
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For two-wheelers, the target is to achieve 30 The summit is being organized in

per cent of EVs in the fleet, whi le for four- collaboration with IIT Mumbai.
wheelers the aim is 20 per cent. However,
half of the total three-wheeler fleet 91. In which of the following states/UTs will
registered on these apps should be electric the third National Ranking Pickleball
by 2030-31, according to the goals set. Tournament be organised by the All -India
Pickleball Association (AIPA)?
90. First mining start-up summit to be held (a) Puducherry
on 29th May, 2023 to encourage role of (b) Manipur
start-ups in mining sector. The summit is (c) Sikkim
being organized in collaboration with which (d) Punjab
of the following IITs? (e) Goa
(a) IIT Delhi Answer: E
(b) IIT Madras The third National Ranking Pickleball
(c) IIT Kanpur Tournament will be organised by the All
(d) IIT Bombay India Pickleball Association (AIPA) in Goa
(e) IIT Roorkee from May 19 to 21. AIPA will conduct the
Answer: D tournament in association with the Goa
The first mining start-up summit will be held Pickleball Association and Directorate of
on 29th May in Mumbai to encourage the Sports and Youth Affairs, Goa.
participation of start-ups in the mineral and The competition will be held at the Fatorda
mining sector. Start-ups in the fields of Stadium. The previous two editions were
exploration, virtual reality, automation, drone held at Pune in 2019 and at Dombivli, near
technology, and consultancy will participate Mumbai in 2021.
in it.
The summit will be mainly focusing on 92. World Health Organization (WHO)
innovation and techniques that will support declared that mpox no longer constitutes a
and improve the performance, safety and global health emergency. Who among the
help in building autonomy in the field of following is the Director-General of WHO?
mining and metallurgy. It will also be (a) Klaus Schwab
focusing on interaction with leading (b) Henrietta Fore
industries in the mineral exploration sector, (c) Tedros Adhanom Ghebreyesus
financial institutions, and banks. (d) Peter Maurer
Page 135 of 424
(e) Audrey Azoulay be effective till June 30, the Central Board of
Answer: C Indirect Taxes and Customs said. Global
The World Health Organization declared edible oil prices had shot up last year after
that mpox no longer constitutes a global the Russia-Ukraine conflict broke out.
health emergency, almost exactly a year Ukraine is one of the world’s leading
after the disease formerly known as suppliers of sunflower oil. Edible oils and
monkeypox started spreading globally. fats prices fell about 7.8% for Indian
WHO chief Tedros Adhanom Ghebreyesus consumers this March, compared to sharper
said the decision was prompted by falling prices a year ago.
case numbers worldwide, but emp hasised
that the disease remains a threat, 94. Sarabjot Singh and TS Divya beat Damir
particularly in areas of Africa where it has Mikec and Zorana Arunovic to win the gold
long been present. medal in mixed team 10m air pistol event at
the ISSF World Cup. Damir Mikec and
93. In May 2023, Centre scrapped the Zorana Arunovic belongs to whic h of the
customs duty and cess levied on shipments following countries?
of crude soyabean oil and crude sunflower (a) Hungary
seed oil imported by firms that had been (b) Croatia
authorised for such imports under the Tariff (c) Spain
Rate Quota regime in 2022 -23. The duty (d) Serbia
exemptions will be effective till _____ (e) France
(a) June 30 Answer: D
(b) July 31 Sarabjot Singh and TS Divya beat Damir
(c) August 31 Mikec and Zorana Arunovic 16-14 to win the
(d) September 30 gold medal in mixed team 10m air pistol
(e) October 31 event at the ISSF World Cup in Baku,
Answer: A Azerbaijan.
The Centre has scrapped the customs d uty Damir Mikec and Zorana Arunovic belongs
and cess levied on shipments of crude to Serbia.
soyabean oil and crude sunflower seed oil The Indian pair registered a fine 581 to top
imported by firms that had been authorised the qualification round and they held their
for such imports under the Tariff Rate Quota nerves in a tight final to seal the top prize.
regime in 2022-23. The duty exemptions will
Page 136 of 424
Sarabjot shot 293 in qualification while immigration and for the conduct of Search
Divya scored 288. and Rescue (SAR) operations at sea.
95. Which edition of India -Thailand 96. What is the penalty amount imposed by
Coordinated Patrol (Indo -Thai CORPAT) the Reserve Bank of India on Canara Bank
between the Indian Navy and the Royal Thai in May 2023 for violation of various norms,
Navy was conducted in May 2023? including linking interest rates to external
(a) 55th benchmark, and opening savings accounts
(b) 35th of ineligible entities?
(c) 18th (a) ₹1.62 crore
(d) 14th (b) ₹2.92 crore
(e) 10th (c) ₹3 crore
Answer: B (d) ₹4.92 crore
The 35th edition of India -Thailand (e) ₹5.32 crore
Coordinated Patrol (Indo-Thai CORPAT) Answer: B
between the Indian Navy and the Royal Thai The Reserve Bank of India has imposed a
Navy was conducted from 03 – 10 May penalty of ₹2.92 crore on Canara Bank for
2023. Indian Naval Ship (INS) Kesari, an violation of various norms, including linking
indigenously built LST (L) and His Thai interest rates to external b enchmark, and
Majesty’s Ship (HTMS) Saiburi, a Chao opening savings accounts of ineligible
Phraya Class Frigate, along with Maritime entities.
Patrol Aircraft from both navies participated The Reserve Bank of India (RBI) conducted
in the CORPAT along the IMBL in the a statutory inspection for supervisory
Andaman Sea. evaluation of the bank with reference to its
CORPAT builds up understanding and financial position as on March 31, 2021.
interoperability between navies and After scrutiny, the RBI found that the bank
facilitates instituting measures to prevent failed to link interest on floating rate retail
and suppress unlawful activities like Illegal loans and loans to MSME to an external
Unreported Unregulated (IUU) fishing, drug benchmark and also failed to link interest on
trafficking, piracy and armed robbery. It floating rate rupee loans sanctioned and
further helps enhance the operational renewed during financial year 2020-21 to its
synergy by exchanging information for the Marginal Cost of Lending Rate (MCLR).
prevention of smuggling, and illegal
Page 137 of 424
97. Harit Sagar, which was in news recently, 98. World Lupus Day is commemorated
is related to which of the followi ng? every year on May 10. When was the day
(a) Ship building created to raise awareness about this
(b) Anti-Piracy chronic, autoimmune disease?
(c) Green Ports (a) 1992
(d) Tourism (b) 1995
(e) None of the above (c) 2000
Answer: C (d) 2002
To meet the larger vision of achieving Zero (e) 2004
Carbon Emission Goal, Ministry of Ports, Answer: E
Shipping & Waterways has launched ‘Harit World Lupus Day is commemorated every
Sagar’ the Green Port Guidelin es. The year on May 10 to raise awareness about
guidelines were launched by Shri this chronic, autoimmune disease. The day
Sarbananda Sonowal, Union Minister for was created by Lupus Canada in 2004 to
Ports, Shipping & Waterways and AYUSH in raise awareness of this lesser-known
the august presence of Shri Shripad Y. disease that can have severe effects on
Naik, Union Minister of State for Ports, patients and their fami lies. Lupus was
Shipping & Waterways and Tourism and named after the Latin word for “wolf” when it
other senior officials of the Ministry in New was used in the 13th century to describe
Delhi. facial lesions that looked like a wolf’s bite.
Harit Sagar Guidelines - 2023 envisages Lupus is a serious health condition that
ecosystem dynamics in port development, affects the immune system.
operation and maintenance while aligning
with ’Working with Nature’ concept and 99.PTC India has entered into an MoU with
minimizing impact on biotic components of Brookfield Renewables to purchase 100
harbor ecosystem. It lays emphasis on use MW of solar power on a long -term basis.
of Clean / Green energy in Port operation, Brookfield Renewables is developing a 400
developing Port capabilities for storage, MW solar power project in which of the
handling and bunkering Greener Fuels viz. following districts in Rajasthan?
Green Hydrogen, Green Ammonia, Green (a) Jodhpur
Methanol / Ethanol etc. (b) Jaipur
(c) Bikaner
(d) Dholpur
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(e) Bansw ara New Delhi. H.E. the Kundeling Tatsak

Answer: C Rinpoche of the Drepung Gomang
PTC India has entered into a memorandum Monastery was the Guest of Honour at the
of understanding (MoU) on 9 May, 2023 event.
with Brookfield Renewables to purchase The Exhibition organized in the week
100 MW of solar power on a long -term succeeding Buddha Purnima was based on
basis. Brookfield Renewables is developing the life of Lord Buddha and showcased the
a 400 MW solar power project at Bikaner voyage of Buddhist art and culture around
solar park in Rajasthan under the USD 15 the world, exhibiting works of art by iconic
billion global transition fund (BGTF), with masters of modern Indian art, divided into
plans to commission the project in stages sections, each documenting a distinct facet
starting December 2023. of Buddhism and Buddha's life. These
As per the agreement, PTC India will have artistic works that have been put on display
an option to increase the power capacity to offer a glimpse into the history and
200 MW, which is a call to be taken by both philosophy of one of Buddhism.
parties during the project commissioning.
101. Recently(May 2023), which of the
100. Where was the “Buddham Saranam following is allowed by the Securities and
Gacchami” Exhibition inaugurated in May Exchange Board of India (SEBI)to promote
2023? institutional participation in Exchange Traded
(a) Bodhgaya Commodity Derivatives (ETCDs)?
(b) Kushinagar (a) Foreign Portfolio Investors
(c)Vaishali (b) Category III Alternative Investment Funds
(d) Rajgir (c) Portfolio Management Services
(e) New Delhi (d) Mutual Funds
Answer: E (e) All the above
Union Minister of State for Exte rnal Affairs Answer: E
and Culture Smt. Meenakashi Lekhi In order to promote institutional participation
inaugurated the “Buddham Saranam in Exchange Traded Commodity Derivatives
Gacchami” Exhibition in the presence of (ETCDs), the capital market regulator
senior Buddhist monks, Ambassadors, Securities and Exchange Board of India
diplomats and Ministry officials on May 10, (SEBI) allowed stock exchanges to extend
2023 at the National Gallery of Modern Arts, direct market access (DMA) to registered
Page 139 of 424
Foreign Portfolio Investors (FPIs) with Management Services and Mutual Funds to
immediate effect. participate in the ETCD market.
Direct Market Access (DMA) facilitates the
clients of a broker to directly access the 102. Recently(May 2023), which of the
exchange trading system through the broker's following company’s subsidiaryOra
infrastructure to place orders without manual Financereceived a non-banking financial
intervention by the broker. company (NBFC) license from the RBI?
Also, DMA provides certain advantages to (a) ApnaGodam
brokers such as direct control over orders, (b) Whrrl
faster execution of orders, reduced risk of (c) Farmart
errors associated with manual order entry, (d) Unnati
maintaining confidentiality, lower impact costs (e) Arya.ag
for large orders and implementing better Answer: D
hedging and arbitrage strategies. Unnati, a fintech-based agritech company,
Based on representations received for made an announcement regarding its
enabling DMA facility to FPIs in ETCDs and subsidiary, Ora Finance, becoming the first-
deliberations by Commodity Derivatives ever agritech firm to receive an non-banking
Advisory Committee (CDAC) of SEBI, has financial company (NBFC) license.
been decided to allow stock exchanges to It will allow the company to meet the financial
extend DMA facility to FPIs for participation in requirements of those in the agricultural
ETCDs. sector, like farmers, retailers, traders, brands,
This permission is subject to certain and food processors.
conditions that require brokers to follow Unnati has a network of more than one lakh
procedure for application for DMA, registered retailers and traders who use its
operational specifications, client uStore app to engage with the farmers and
authorisation, and broker-client agreement, manage their agribusinesses on a day-to-day
risk management, among others. business.
In September 2022, SEBI allowed FPIs to These partners reach out to over 1.3 million
participate in the ETCDs in order to increase farmers through its apps.
depth and liquidity in the market.
SEBI had already allowed in stitutional 103. Recently(May 2023), how much amount
investors such as Category III Alternative has been approved by India to Sri Lanka as
Investment Funds (AIFs), Portfolio credit lineto pay for essential imports ?
Page 140 of 424
(a) $2 billion customers with grievance redress.

(b) $1 billion Once a bank’s retail customer lodges an
(c) $1.5 billion online complaint with “Bank Clinic”, ALBEA’s
(d) $3 billion team will take up the complaint with the Bank
(e) $4 billion for redress.
Answer: B The Bank Clinic will be one more channel
India has extended a $1 billion credit line for through which a retail bank customer can get
Sri Lanka by one year until March 2024, his grievances addressed besides the normal
giving the crisis-hit country a backup funds to Banking Ombudsman channel.
pay for essential imports. Founded : 20 April 1946
The credit line, part of about $4 billion in General Secretary : C. H. Venkatachalam
emergency assistance extended by India
during the peak of Sri Lanka's financial crisis 105. Which of the following statement/s is/are
in 2022, was scheduled to end in March, incorrect regarding RBL Bankhas gone live
2023. with ‘Direct Tax Collections’ ?
There is about $350 million left of the credit i) RBL Bank has gone live with ‘Direct Tax
line that can be utilised as needed. Collections’ on behalf of the Government of
India (GoI) through the Indian Customs
104. Recently(May 2023), to assist bank Electronic Data Interchange Gateway
customers with grievance redress , the All (ICEGATE).
India Bank Employees’ Association ii) RBL Bank already offers customs duty
(AIBEA)plans to set up an online ‘Bank collections through new Tax Information
Clinic’. When was the AIBEA founded? Network (TIN2.0) portal.
(a) 1971 iii) Reserve Bank of India (RBI)empanelled
(b) 1983 RBL Bankas an 'Agency Bank'to conduct
(c) 1946 banking business for the Central and State
(d) 1956 Governments
(e) 1963 (a) Only I
Answer: C (b) Only I and III
The All India Bank Employees’ Association (c) Only II and III
(AIBEA), is the oldest and largest national (d) Only I and II
trade union of bank employees in India plans (e) All I, II and III
to set up an online ‘Bank Clinic’ to assist bank Answer: D
Page 141 of 424
RBL Bank formerly known as Ratnakar Bank (a) Council On Energy, Environment and
has gone live with ‘Direct Tax Collections’ on Water (CEEW)
behalf of the Government of India (GoI) (b) UnLtd India
through the new Tax Information Network (c) Villgro Innovations Foundation
(TIN2.0) portal. (d) Both A and C
This is the second such offering from the (e) Both B and C
Bank, following its empanelment by the Answer: D
Reserve Bank of India (RBI) as an 'Agency Agritech firm Rukart, which sells 'Subj ee
Bank' to conduct banking business for the Cooler' to enhance shelf life of fruits and
Central and State Governments. vegetables, has tied up with State Bank of
The Bank already offers customs duty India (SBI) to help potential customers in
collections through a direct interface via getting easy loan options to buy the product.
Indian Customs Electronic Data Interchange To mitigate distress sales among
Gateway (ICEGATE). marginal/small farmers and retailers.
This enhanced service will enable RBL Bank Founded : May 2019
customers to make direct tax payments Rukart manufactures Subjee Cooler, a cold
seamlessly via various digital channels and chain storage system that requires only 20
RBL Bank branches. liters of water a day to function.
Leveraging its enhanced technology It increases the shelf life of fruits, flowers and
framework, the solution provides an easy, vegetables by 4-6 days.
user-friendly platform for managing direct tax The cost of the product is Rs 50,000 each
payments and marks an important milestone and one Subjee Cooler has a storage
in RBL Bank's Government Banking offerings. capacity of 100 kg.
This segment is one of the key focus area for Rukart is mentored by the Powering
the Bank as a high enabler for growing its Livelihoods program, jointly run by Council
liability franchise. On Energy, Environment and Water (CEEW)
and Villgro Innovations Foundation.
106. Recently(May 2023), Agritech firm
Rukarthas tied up wi th State Bank of India 107. The uniomgovernment has allocated Rs
(SBI) to help potential customers in getting 611 crore recently(May 2023)to incubators in
easy loan options to buy the 'Subjee Cooler' . which Rs 61 crores was released to startups
which of the following organisation has jointly under the seed fund scheme. How many
mentoring Rukart? incubators have been sele cted under this
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scheme? each.
(a) 150 In turn, the selected incubators will provide
(b) 165 startups with up to Rs 20 lakhs for validation
(c) 172 of Proof of Concept, prototype development,
(d) 185 and product trials to startups.
(e) 191 Eligibility criteria for Startups:
Answer: B A startup recognized by DPIIT incorporated
The government has allocated Rs 611 crore not more than 2 years ago at the time of
to incubators and out of that, Rs 61 crore was application.
released to startups under the seed fund Startup should not have received more than
scheme so far. Rs 10 lakh of monetary support under any
In April 2021, the government launched the other Central or State Government scheme.
Startup India Seed Fund Scheme (SISFS) Shareholding by Indian promoters in the
with a corpus of Rs 945 crore. startup should be at least 51% at the time of
The corpus is divided over the next four years application to the incubator for the scheme.
(till 2025) for providing seed funding to
eligible startups through eligible incubators 108. Recently(May 2023), the Central
across India. government has revised the nutritional
The fund aims to provide financial assistance standards of meals at schools and
to startups for proof of concept, prototype Anganwadi. What is the quantity of the
development, product trials, market entry, protein after revision?
and commercialisation. (a) 12 gms
So far, 165 incubators have been selected (b) 15-20 gms
under the scheme and Rs 611 crore has (c) 10 gms
been approved for them. (d) 16-18gms
Nodal Department: Department for Promotion (e) 14-18 gms
of Industry and Internal Trade (DPIIT), under Answer: B
the Ministry of Commerce & Industry. A decade after the National Food Security Act
An Experts Advisory Committee (EAC) has (NFSA) was enacted, the Central government
been created by DPIIT to execute and has revised the nutritional standards of meals
monitor the SISFS. at schools and Anganwadi.
The EAC will select eligible incubators who The amendment has been done on the
will be provided grants of up to Rs 5 Crores recommendations of an inter-ministerial
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committee, which, in its draft report, had also

recommended that the serving of eggs as 109. The Indian Institute of Foreign Trade
part of government food safety programmes (IIFT), New Delhi celebrated its Diamond
be also made mandatory. Jubilee on its 60th Foundation Day on 2nd
However, there are no restrictions on states May 2023. When the Institute received the
and Union Territories to add eggs and other status of “Deemed to be University”?
items on the menu of food safety (a) 2002
programmes such as midday meals (now (b) 2001
known as PM Poshan) at schools, or the (c) 2005
Integrated Child Development Services (d) 1998
(ICDS) scheme at anganwadis that covers (e) 2009
pre-school children, along with pregnant and Answer: A
lactating mothers. Indian Institute of Foreign Trade (IIFT), New
In its draft report, the inter-ministerial Delhi celebrated its Diamond Jubilee on its
committee had recommended “urgent action”, 60th Foundation Day on 2nd May 2023.
citing the possible impact of the Covid-19 The Indian Institute of Foreign Trade (IIFT)
pandemic in worsening the “silent crisis” of was established in 1963 as an autonomous
undernutrition. body under the Ministry of Commerce &
Three new categories have been created for Industry to contribute in the skill building for
undernourished children aged between six the external trade sector of India.
months to six years. The Institute was granted “Deemed to be
The nutritional standards for some existing University” status in 2002.
categories such as lower primary classes, The Institute was granted the prestigious
and upper primary classes have been AACSB accreditation on 17th November,
revised. 2021.
For instance, under the previous norms, With this the IIFT figures amongst 900+
every child in lower primary classes was Business School of the world which have
entitled to get 450 kilocalories (kcal) and 12 earned this accreditation.
gm protein with midday meals. The National Assessment and Accreditation
Now, the protein quantity has been hiked to Council (NAAC) has recognized IIFT as
15-20 gms, while fat (18-21 gms) and Grade ‘A’ Institution in 2005 as well as in
carbohydrates (70 gms) are part of the mix as 2015
well.
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110. In May 2023, which of the following Data exchange with private players
ministries’ digital systems has integrated with Unified document reference in the supply
the Unified Logistics Interface Platform chain.
(ULIP)?
(a) Ministry of Steel 111. Recently(May 2023), which of the
(b) Ministry of Ports, Shipping and Waterways followingcompany is in association with the
(c) Ministry of Commerce and Industry Union Ministry of Micro, Small and Medium
(d) Ministry of Road Transport and Highways Enterprises (MSME) has organized the first
(e) Ministry of Coal outreach programmeBizAmp to empower
Answer: E MSMEs from the North-Eastern States ?
Secretary of, the Ministry of Coal chaired a (a) SHE Capital (SC)
meeting on the integration of the Unified (b) NSIC Venture Capital Fund Limited
Logistics Interface Platform (ULIP) with the (NVCFL)
digital systems of the Ministry of Coal. (c) Inflexor Ventures
It was launched in 2022 as a part of the (d) IIFL Finance
‘National Logistics Policy (NLP)’. (e) Karekeba Ventures
It is designed for enhancing efficiency and Answer: B
reducing the cost of logistics in India by Union Ministry of Micro, Small and Medium
creating a transparent, single-window Enterprises (MSME) has recently presided
platform to provide real-time information to all over BizAmp.
stakeholders. It is the first outreach programme to empower
It was emphasized that the solution should MSMEs from the North-Eastern States and
have visibility of multi-modal transport and all amplify their businesses utilizing benefits
the existing systems should be integrated under Self-Reliant India (SRI) Fund.
with the ULIP system to create a National Organized by the Ministry of MSME in
Single Window Logistics Portal. association with NSIC Venture Capital Fund
It will provide real-time monitoring of cargo Limited (NVCFL) under its SRI Fund.
movement and ensure the confidentiality of It served as a platform for the empanelled
data with end-to-end encryption. daughter funds of SRI Fund to reach the
There are three key components of this MSMEs in the North East Region of India.
platform namely It focuses upon maximizing capital benefits
Integration with existing data sources of through NVCFL’s SRI Fund.
ministries The Government of India, launched SRI Fund
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with an outlay corpus of Rs 10,006 crore, directions following two court orders after
concentrated towards financing an infusion of Public Interest Litigations (PILs) were filed at
capital to MSMEs through Daughter Funds. Punjab and Haryana High Court (HC) and
The SRI fund which is being managed by another in the Supreme Court of India.
NVCFL, is an Alternative Investment Fund To prepare an action plan for constructing
(AIF) providing growth capital to MSMEs footpaths and cycle tracks, public works
through equity/quasi-equity/equity-like department, local bodies, NHAI and urban
structured instruments. development departments have been
As on 31st March 2023, the fund has made a instructed to prepare an action plan.
capital commitment of Rs. 5,120 crore to 42
empaneled daughter funds. 113. How many watts of solar power does
PTC India plan to buy from the Brookfield
112. Recently(May 2023), which of the Renewableson a long-term basis and also
following state has became the first state to signed anMemorandum of Understanding
implement the ‘right to walk’ ? (MoU)?
(a) Maharashtra (a) 50 MW
(b) Punjab (b) 120 MW
(c) Gujarat (c) 150 MW
(d) Karnataka (d) 100 MW
(e) Uttar Pradesh (e) 200 MW
Answer: B Answer: D
Punjab became first state to implement the Power trading solution provider PTC India
‘right to walk’. has entered into a Memorandum of
The Punjab government has made it Understanding (MoU) with Brookfield
mandatory for all road-owning agencies, Renewables to purchase 100 MW of solar
including National Highways Authority of India power on a long-term basis.
(NHAI), to provide footpaths and cycle tracks Brookfield Renewables is developing a 400
in the future expansion of roads and MW solar power project in Bikaner solar park
construction of new roads. in Rajasthan.
The Punjab government has announced to The agreement includes an option to increase
enforce the ‘right to walk’ due to consistent the power capacity to 200 MW at the time of
rise in deaths of pedestrians and cyclists. project commissioning based on mutual
The state government has issued these confirmation by the two parties.
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PTC India will market the power to various NIIFL manages over $4.3 billion of equity
utilities and commercial and industrial capital commitments across its 3 funds –
consumers. Master Fund, Fund of Funds, and Strategic
Under this arrangement, PTC India will Opportunities Fund, each with a distinct
provide Brookfield Renewables with an investment strategy committed to supporting
assured tariff and payment security. the country’s growth needs.
114. Recently in May 2023, who has been 115. Recently in May 2023, Alia Bhatthas
appointedas the Chief Executive Officer been appointed as the Indian Global
(CEO) & Managing Director (MD) of National Ambassador for the Italian high-end
Investment and Infrastructure Fund Ltd luxuryfashion house, Gucci. In which of the
(NIIFL)? following place, Cruise 2024 fashion show
(a) Rajiv Dhar held at Korea, in which Alia Bhatt made her
(b) Shantanu Narayanan first appearance as Global Brand
(c) Lakshmi Niwas Mittal Ambassador?
(d) Venkatakrishnan (a) New York
(e) Sunil Bharti (b) Tokyo
Answer: A (c) Beijing
National Investment and Infrastructure Fund (d) Seoul
Ltd (NIIFL) has appointed Rajiv Dhar, as the (e) Moscow
Chief Executive Officer (CEO) & Managing Answer: D
Director (MD) of NIIFL on an interim basis, Gucci, Italian high-end luxuryfashion house
effective May 11, 2023. has appointed Alia Bhatt as its first Indian
The planned succession follows Sujoy Bose’s Global Ambassador for the House.
request to relieve him from his current Alia Bhatt will make her first appe arance as
responsibilities as MD and CEO, a position Global Brand Ambassador on the occasion of
he held since 2016 in the company. the House’s upcoming Cruise 2024 fashion
Dhar, with more than 30 years of experience, show in Seoul, Korea, at Gyeongbokgung
has been a critical member of the NIIFL Palace on May 16, 2023
leadership team since 2017. The show will mark the fashion house's 25
Prior to this new appointment, he is executive years in the country.
director and chief operating officer (COO) at It is the first time that Gucci has appointed an
NIIF. Indian celebrity as a global ambassador, in
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what seems to be a growing global Under the APM, the Indian government sets
recognition of the Indian market the price of natural gas produced by oil and
gas companies.
116. Which of the following statement/s is/are The price of APM gas has been determined
correct regarding the increase in the price of as per the ‘modified’ Rangarajan formula
domestic natural gas for May 2023 ? since November 2014.
i) The price of domestic natural gas for May The revised pricing mechanism is based on
has been set at $8.27 per million British recommendations of a panel headed by Kirit
thermal units (mBtu), up from $7.92 for most Parikh.
of April 2023 Despite the increase in notified price,
ii) The revised pricing mechanism is based on consumers will continue to be charged $6.50
recommendations of a panel headed by Kirit per mBtu — the ceiling price of gas as per the
Parikh new pricing regime.
iii) Due to the increase in notified price, This means that this price revision is unlikely
consumers will be charged $7.10 per mBtu — to result in price changes in case of fuels like
the ceiling price of gas as per the new pricing compressed natural gas (CNG) for
regime transportation and piped natural gas (PNG)
(a) Only I for household use.
(b) Only I and III
(c) Only II and III 117. Which of the followingcompany has
(d) Only I and II signed a binding term sheet with Bharti Airtel
(e) All I, II and III to combine their operations inSri Lanka?
Answer: D (a) Stelacom
The price of domestic natural gas for May has (b) Dialog Axiata
been set at $8.27 per million British thermal (c) Omobio Ltd
units (mBtu), up from $7.92 for most of April (d) Genxt Sri Lanka
2023. (e) Engenuity Telco Ltd
This increase is in line with the new domestic Answer: B
gas pricing formula introduced in April 2023. Dialog Axiata Plc, Axiata Group Berhadm and
In April 2023, the Union Cabinet approved Bharti Airtel signed a binding term sheet to
significant changes in the pricing regime for combine the operations of Bharti Airtel Lanka.
domestic natural gas under the ambit of the Bharti Airtel Lanka is a wholly-owned
administered price mechanism (APM). subsidiary of Airtel.
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Under the proposed transaction, Airtel will be Agriculture.

granted a stake in Dialog, representing the India and Israel will enhance partnership in
fair value of Airtel Lanka. areas such as innovation and start-ups,
Upon the completion of the transactions, ushering in a new phase of deeper bilateral
Airtel will accordingly be issued new shares in cooperation.
Dialog. CSIR and Directorate of Defense Research
The proposed transaction is subject to the and Development, Ministry of Defense of
execution of definitive agreements and the Israel signed the Multi-Sectoral Agreement in
fulfilment of all closing conditions, including New Delhi.
regulatory and shareholder approvals.
Recently, Bharti Airtel has partnered with 119. The Indian Navy and the Royal Thai
Bridgepointe Technologies under Global Navy has conducted the 35th edition of the
Channel Partners Programme. India-Thailand Coordinated Patrol (Indo-Thai
CORPAT)in May 2023 in the Andaman Sea.
118. Recently(May 2023), which of the Which of the following Indian Naval Ship
following country has signed an MoU with (INS)andHisThai Majesty’s Ship (HTMS) has
India to cooperate in industrial research and participated in the CORPAT ?
development with a focus on several key (a) INS Beas and HTMSPhosamton
technology areas? (b) INS Pralaya and HTMSPhra Ruang
(a) UAE (c) INS Kesari and HTMS Saiburi
(b) US (d) INS Kuthar and HTMSMaeklong
(c) Israel (e) INS Khanderi and HTMSRangkwien
(d) Bangladesh Answer: C
(e) France The Indian Navy and the Royal Thai Navy
Answer: C conducted the 35th edition of the India -
An MoU has been signed by India and Israel Thailand Coordinated Patrol (Indo -Thai
on industrial research and development CORPAT) from May 3 to May 10, 2023, in the
cooperation with a focus on several key Andaman Sea.
technology areas. To reinforce maritime linkages between the
It includes aerospace, Electronics two countries and ensure the safety and
Instrumentation, Civil, Infrastructure and security of the international trade route in the
Engineering, Environment, Mining, Indian Ocean.
Chemicals, and Petrochemicals and Indian Naval Ship (INS) Kesari and His Thai
Page 149 of 424
Majesty’s Ship (HTMS) Saiburi along with decision act in accordance?

Maritime Patrol Aircraft from both navies (a) May 1, 2023
participated in the CORPAT. (b) June 1, 2023
The Indian Navy and the Royal Thai Navy (c) September 1, 2023
have been organizing CORPAT bi-annually (d) July 1, 2023
since 2005 along the International Maritime (e) August 1,2023
Boundary Line (IMBL). Answer: E
CORPAT help in building understanding and The Indian Army has decided that from
improving interoperability between both August 1,2023 officers of the rank of
navies. Brigadier and above wil l have a common
CORPAT gives an opportunity to facilitate uniform irrespective of their diffe rent parent
instituting measures to prevent and suppress cadre and appointment.
unlawful activities like fishing, drug trafficking, The decision was taken after detailed
piracy and armed robbery. deliberations during the recently concluded
It will enhance synergy for exchanging Army Commanders' Conference.
information for the prevention of smuggling, As part of the decision, headgear, shoulder
and illegal immigration and for the conduct of rank badges, gorget patches, belts and shoes
Search and Rescue (SAR) operations at sea. of senior officers will be standardised.
As part of the Security and Growth for All in There will be no change in the uniform worn
the Region (SAGAR) initiative, the Indian by officers of the rank of Colonel and below.
Navy is proactively engaging with the The Indian Army has decided to adopt this
countries in the Indian Ocean Region (IOR) common uniform to promote and strengthen
towards enhancing regional maritime common identity and approach in service
security. matters amongst senior leadership, beyond
It is another step towards enhancing the the boundaries of regimentation.
bonds of friendship between India and The officers of brigadiers and above in the
Thailand. Indian Army are those who have already
commanded units or battalions and are
120. Recently(May 2023), Indian Army has mostly posted at headquarters or
decided thatofficers of the rank of Brigadier establishments where officers from all arms
and above will have a common uniform and services work together.
irrespective of their different parent cadre and
appointment. From when will be this new 121. The International Business Machines
Page 150 of 424
(IBM) has partnered with which of the July,2023 for AI builders to train, test, tune,
following space agencyto design a new and deploy both traditional machine learning
geospatial foundation model to track climate and new generation AI capabilities.
change on Earth?
(a) Indian Space Research Organisation 122. Recently in May 2023, Sergio Pérez
(b) China National Space Administration took a remarkable victory at the Azerbaijan
(c) National Aeronautics and Space Grand Prix in Baku after defeating Max
Administration Verstappen. When was the first Azerbaijan
(d) Japan Aerospace Exploration Agency Grand Prix racing event held?
(e) European Space Agency (a) 2012
Answer: C (b) 2015
Tech major International Business Machines (c) 2007
(IBM) has partnered with US space agency (d) 2005
National Aeronautics and Space (e) 2017
Administration (NASA) to design a new Answer: E
geospatial foundation model to track climate Sergio Pérez took a remarkable victory at the
change on Earth. Azerbaijan Grand Prix in Baku after defeating
The new geospatial foundation model, which his teammate and championship Max
is part of IBM's Space Act Agreement with Verstappen.
NASA, converts the space agency's satellite The Mexican driver took his sixth career win.
observations into customised maps of natural Perez is now just six points behind
disasters and other environmental changes. Verstappen, with both drivers having won two
The first-ever foundation model for analysing races each after four rounds of the
geospatial data will help estimate climate- championship.
related risks to crops, buildings, and other Ferrari driver Charles Leclerc finished third,
infrastructure, value and monitor forests for claiming his team's first podium appearance
carbon-offset programmes, and develop of the year.
predictive models to help enterprises create The Azerbaijan Grand Prix is a Formula One
strategies to mitigate and adapt to climate motor racing event and the event first started
change. in 2017.
This model would be part of IBM’s It was organized at the Baku Formula One
watsonx.ai, a nextgen enterprise studio, city circuit in Baku, Azerbaijan.
expected to be generally available in
Page 151 of 424
123. Jeetuis the mascot of the Khelo India The logo is a representation of the state’s rich
University Games (KIUG) 2022 launched by traditional and historical legacy which has
the Union Minister of Youth Affairs and Sports been the foundation for its development in all
Anurag Thakur and Uttar Pradesh Chief aspects viz; education, infrastructure and
Minister Yogi Adityanath. What does the sports.
mascot Jeetu represent? ‘Shakti’, the official torch of the Khelo India
(a) Gee’s Golden Langur University Games, Uttar Pradesh is a symbol
(b) Barasingha of not only its heritage and the spirit it
(c) Dugong embodies but also a living entity that is
(d) Red Panda brimming with energy.
(e) Indian Chevrotain The opening ceremony is scheduled for May
Answer: B 25 at the Babu BanarasiDas University in
Union Minister of Youth Affairs and Sports Lucknow.
Anurag Thakur and Uttar Pradesh Chief The KIUG 2022 Games will be held in
Minister Yogi Adityanath launched the Logo, Varanasi, Noida and Gorakhpur, besides the
jersey, mascot, torch and anthem of the state capital of Lucknow.
Khelo India University Games (KIUG) 2022 in The Shooting competition will be organized in
Lucknow. New Delhi at the Dr. Karni Singh Shooting
The 3rd edition of the Khelo India University Range.
Games will take place from May 23 to June 3, For the First time, water sports such as
2023. Rowing will be a part of the Khelo India
Inspired by the ideology of Kaushal, Neeti University Games.
and Dhairya, the games are slated from May Two indigenous Sports Disciplines namely
25 to June 3 in various cities of Uttar Mallakhamb and Yogasana, were part of the
Pradesh. last edition of the Khelo India University
The game’s mascot Jeetu the Barasingha, Games held in Karnataka and will also be
the exotic vibrant state animal who embodies part of this edition.
“Garv se Gaurav" was then unveiled by the
Chief Minister himself. 124. In May 2023, which of the following bank
The official logo of the Khelo India University has introduced Electronic Bank Guarantee (e-
Games 2022 Uttar Pradesh represents the BG)in partnership with National E-
rich heritage of Uttar Pradesh, India’s largest Governance Services Limited (NeSL)?
state. (a) Punjab National Bank
Page 152 of 424
(b) Bank of Indi Innovative Finance Facility for Climate in Asia

(c) Union Bank and the Pacific (IF -CAP). Which of the
(d) Bank of Baroda following countryis apartners of IF-CAP?
(e) UCO Bank (a) Indonesia
Answer: D (b) New Zealand
Bank of Baroda (BoB), one of India’s leading (c) Japan
public sector banks, has introduced (d) China
Electronic Bank Guarantee (e -BG) on its (e) All the above
BarodaINSTA platform, in partnership with Answer: C
National E-Governance Services Limited The Asian Development Bank (ADB)
(NeSL), a platform that provides for the announced the Innovative Finance Facility for
issuance of Inland BGs through electronic Climate in Asia and the Pacific (IF -CAP), a
mode. landmark program which could significantly
Other than the BoB, banks like HDFC, State ramp up support for the region in the battle
Bank of India (SBI), Yes Bank, and Federal against climate change.
Bankalso provide e-BG facilities. The announcement was made by ADB
The new facility will enable the public sector President Mr Masatsugu Asakawa on the
bank to issue inland bank guarantees opening day of ADB’s 56th Annual Meeting in
electronically on its digital platform Incheon, South Korea.
BarodaINSTA. Asia and the Pacific is uniquely vulnerable to
Being entirely digital, the system will reduce the impacts of climate change, such as
the turnaround time in the process and hurricanes, droughts, heat waves, floods, and
provide a safer and more accessible medium, sea-level rises.
claims the Bank. IF-CAP's initial partners are Denmark, Japan,
The beneficiary can view the final digital BG the Republic of Korea, Sweden, the United
on the NeSL portal immediately upon Kingdom (UK), and the United States (US).
issuance. With a model of ‘$1 in, $5 out’, the initial
Such an e-BG eliminates the need for a ambition of $3 billion in guarantees could
separate authentication from the BG issuing create up to $15 billion in new loans for
Bank. much-needed climate projects across Asia
and the Pacific.
125. Recently(May 2023), the Asian IF-CAP financing will contribute to ADB’s
Development Bank (ADB) announced the raised ambition for $100 billion from its own
Page 153 of 424
resources for climate change for 2019–2030. 127. Recently(May 2023), which of the
following is choosen to settle the certain fees/
126. Recently in May 2023, what i s the charges levied by ‘Authorised Persons’ on
penalty amount imposed on Canara Bank by International Debit Cards, Store Value
the Reserve Bank of India (RBI)for violation Cardsamong others, and payable in India ?
of various norms, including linking interest (a) Neither in Rupees nor in foreign currency
rates to external benchmarks, and opening (b) Either in Rupees or in foreign currency
savings accounts of ineligible entities ? (c) Rupees
(a) Rs 2.92 crores (d) foreign currency
(b) Rs 3.11 crores (e) None of the above
(c) Rs 2.75 crores Answer: C
(d) Rs 2.56 crores The Reserve Bank of India (RBI) stated that
(e) Rs 3. 43 crores certain fees/ charges levied by ‘Authorised
Answer: A Persons’ on International Debit Cards, Store
The Reserve Bank of India (RBI) has Value Cards, among others, and pay able in
imposed a penalty of Rs 2.92 crore on India have to be denominated and settled in
Canara Bank for violation of various norms, Rupees only.
including linking interest rates to external This instruction comes in the wake of the RBI
benchmarks, and opening savings accounts coming across a few Authorised Persons (in
of ineligible entities. foreign exchange) levying certain
The RBI conducted a statutory inspection for fees/charges, payable in India on such
supervisory evaluation of the bank with instruments, in foreign currency.
reference to its financial position as on March The instruments also include Charge
31, 2021. Cards/Smart Cards or any other instrument
A scrutiny of the bank was carried out by RBI that can be used to create a financial liability
in July 2020 based on a high-value fraud as ‘currency’.
reported by another bank. Authorised Persons include banks authorised
The penalty is based on the deficiencies in to deal in foreign exchange, full-fledged
regulatory compliance and is not intended to money changers, etc.
pronounce upon the validity of any
transaction or agreement entered into by the 128. The Securities and Exchange Board of
bank with its customers. India (SEBI) approved for the proposed
change in control of HDFC AMC. What will be
Page 154 of 424
the share of the existing shareholders of (b) HDFC Bank

HDFC bank as on May 2023? (c) Yes Bank
(a) 38% (d) IndusInd Bank
(b) 50% (e) City Union Bank
(c) 41% Answer: B
(d) 48% HDFC Bank, India’s largest private sector
(e) 32% bank, and Telangana Academy for Skill and
Answer: C Knowledge (TASK), a not- for-profit
Market regulator Securities and Exchange organisation under the Department of ITE&C,
Board of India (SEBI) through its letter to Government of Telangana have signed a
HDFC Asset Management Company (HDFC Memorandum of Understanding (MoU) to
AMC) Limited, a subsidiary of HDFC Ltd and promote employment of fresh graduates and
the investment manager of HDFC AMC AIF postgraduates.
II, has granted its final approval for the As per the MoU, HDFC Bank will now be able
proposed change in control of HDFC AMC. access a large pool of talent across 700
This approval will help pave the way for the institutions registered with ‘TASK’.
merger of HDFC and HDFC Bank, expected The MoU was signed at Hyderabad by
to be finalised by the 3rd quarter of the next Shrikant Sinha, CEO – TASK and Ranga
financial year. Subramanian, Head – Talent Acquisition,
The proposed entity will have a combined HDFC Bank.
asset base of around ₹18 lakh crore. Under the partnership, TASK will help HDFC
Once the deal is effective, HDFC Bank will be Bank hire trained students.
100% owned by public shareholders, and Logistical support for placement drives and
existing shareholders of HDFC will own 41% interviews will be provided by TASK.
of the bank.
130. Which of the following bank has
129. Recently(May 2023), which of the powered the automated ESCROW+ solution,
following bank has signed a Memorandum of launched by RazorpayX, the business
Understanding (MoU ) with Telangana banking platform of Razorpay ?
Academy for Skill and Knowledge (TASK)to (a) Axis Trustee Services Ltd
promote employment of fresh graduates and (b) RBL Bank
postgraduates? (c) ICICI Bank
(a) Axis Bank (d) Both A and C
Page 155 of 424
(e) All A, B and C Lending 2.0, a digital lending solution for Non
Answer: E Banking Finance Companies (NBFCs)
RazorpayX, the business banking platform of &Fintechs to assist them in complying with
Razorpay, launched an automated digital lending guidelines.
ESCROW+ solution, powered by Axis Managing Director & CEO at Axis Trustee
Trustee Services Ltd, RBL Bank &ICICI Bank. Services Ltd : Deepa Rath
To provide automated, compliant, and secure
money transfer experience on Escrow 131. Recently(May 2023), which of the
accounts to businesses following bank plans to start a wealth
RazorpayX’s ESCROW+ solution aims to management vertical in the current financia l
address such pain points, by providing an yearto attract and retain HNI (high networth
Escrow trustee who is vetted and on-boarded individual) and NRI (non -resident Indian)
by RazorpayX. customers?
It also offers merchants with an Escrow (a) UCO Bank
account to route funds they are receiving on (b) Union Bank of India
behalf of end beneficiaries, ensuring the right (c) Canara Bank
tax treatment and reporting. (d) Indian Overseas Bank
Moreover, the automated processes (e) Bank of Maharastra
facilitated by Escrow+ assure higher success Answer: B
rates and seamless payouts, enhancing Union Bank of India (UBI) will start a wealth
overall payout performance. management vertical in the current financial
The ESCROW+ account is the second type year.
of account that RazorpayX will be offering as This will be done to attract and retain HNI
part of its Business Banking Suite, in addition (high networth individual) and NRI (non-
to current accounts. resident Indian) customers.
While the solution will currently cater to State Bank of India (SBI) and Bank of Baroda
digital-first businesses in Gaming, (BoB) are among public sector banks that
Marketplace & eCommerce, Co-lending, and have a wealth management vertical for
P2P-lending industries. affluent customers.
In the 3 months since its beta launch, the UBI posted its highest net profit in 30 quarters
service enabled 15 firms to bring Rs 350 at Rs 2,782 crore in the fourth quarter of
crore in annualised run rate (ARR) to India. FY23.
Additionally, it launched RazorpayX Digital UBI aims to become the third largest public
Page 156 of 424
sector bank in terms of profitability by 2025. India’s rich culinary heritage?

(a) IHM, Bhopal
132. Recently(May 2023), where did the (b) IHM, Pusa
Union Minister of State for External Affairs (c) IHM, Bangalore
and Culture Meenakshi Lekhi inaugurate the (d) IHM, Gurdaspur
BuddhamSaranamGacchami exhi bition? (e) IHM, Jaipur
(a) Kolkata Answer: B
(b) New Delhi 'Yuva Pratibha-Culinary Talent Hunt'
(c) Bangalore launched by MyGov in association with IHM,
(d) Mumbai Pusa.
(e) Chandigarh It has been launched to reflect India’s rich
Answer: B culinary heritage and teach the world, to
BuddhamSaranamGacchami exhibition was understand its value and importance in taste,
inaugurated in New Delhi. health, traditional knowledge, ingredients and
Union Minister of State for External Affairs cuisine.
and Culture Meenakshi Lekhi inaugurated the With an aim to create awareness and
exhibition at the National Gallery of Modern increase the production and consumption of
Arts, New Delhi. Millet, the year 2023 has been declared by
The exhibition was based on the life of Lord the United Nations as the 'International Year
Buddha. of Millet'.
It was organized in the week succeeding This announcement was made after India's
Buddha Purnima. proposal and through this India can establish
It showcased the voyage of Buddhist art and itself as a global hub of millets.
culture around the world. Millet has been an integral part of our diet
It also showcased paintings from countries since ages.
like Sri Lanka and Myanmar. The objective of this competition aims to bring
It is open for public till 10th June at the forgotten recipes to the fore and promote the
National Gallery of Modern Arts. culinary talent of young and aspiring chefs
and home cooks.
133. Recently(May 2023), which of the The competition has provided the various
following Institute of Hotel Management(IHM) Millet participants a unique opportunity to
has partnered with MyGov and launched showcase their creativity and innovation in
'Yuva Pratibha-Culinary Talent Hunt' to reflect cooking with healthy and sustainable
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ingredients. Harihara Sahoo, ICLS, has been appointed

The contest is open to the citizens of India as first Registrar of the office of C-PACE,
within the age group of 18 to 40 years. The MCA.
dish should be home-cooked, wherein 50 The setting up of the C-PACE is part of the
percent of the ingredients should be of millet. several measures taken by MCA in the recent
past towards ease of doing business and
134. Which of the following statement/s is/are ease of exit for the companies.
correct regarding Corporate Affairs Ministry This move would be particularly useful for
(MCA) established Centre for Processing start-ups that face failures due to various
Accelerated Corporate Exit (C -PACE)? reasons.
i) The office of C-PACE was inaugurated on The C-PACE office will work under the
May 1, 2023 by RK Dalmia, Director, supervision/administration of Director General
Inspection & Investigation, MCA of Corporate Affairs (DGCoA) in New Delhi.
ii) The C-PACE office will work under the The establishment of the C-PACE will help to
supervision/administration of Director General reduce the stress on the Registry along with
of Corporate Affairs (DGCoA) in New Delhi keeping the registry clean besides the
iii) Despite of the inauguration of the C-PACE availability of more meaningful data to the
office, all the STK forms will be processed at stakeholders.
State Registrar of Companies (RoCs). The C-PACE will also benefit the
(a) Only I stakeholders by providing a hassle-free filing,
(b) Only I and III timely and process-bound striking off their
(c) Only II and III company’s names from the Register, an
(d) Only I and II official release said.
(e) All I, II and III The setting up of C-PACE is part of
Answer: D government’s overall efforts to speed up the
Corporate Affairs Ministry (MCA) has voluntary winding up of companies from the
centralised the striking off process of currently required two years to less than 6
companies with the establishment of the months.
Centre for Processing Accelerated Corporate With this latest MCA move, all the STK forms
Exit (C-PACE). will be processed with C -PACE at Manesar,
The office of C -PACE was inaugurated on Gurugram, instead of the earlier practice of
May 1, 2023 by RK Dalmia, Director, State Registrar of Companies (RoCs) dealing
Inspection & Investigation, MCA. with the same.
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universities, colleges, engineering,

135. Kerala has become the first in the management, architecture, medical, dental,
country to establish and launch the Kerala pharmacy, nursing, law, and teacher
Institutional Ranking Framework education.
(KIRF)modelled on the lines of the National The framework will assess the higher
Institutional Ranking Framework (NIRF). educational institutions based on 5
When was the NIRFcreated by the Indian components:
governmentto evaluate higher education Teaching
institutions across India ? Learning and Resources (TLR)
(a) 2015 Knowledge Dissemination and Research
(b) 2012 Excellence (KDRE)
(c) 2011 Graduation Outcome (GO)
(d) 2010 Outreach and Inclusivity (OI).
(e) 2007
Answer: A
Higher Education Minister of Kerala Shri R. 136. Which of the following religious mass
Bindu formally launched the Kerala prayer“Ladakh MonlamChenmo”for world
Institutional Ranking Framework (KIRF), peace and happiness was started in Leh,
modelled on the lines of the National Ladakh in May 2023?
Institutional Ranking Framework (NIRF), to (a) Sikhism
assess the quality of higher education (b) Buddhism
institutions in Kerala. (c) Jainism
Kerala has become the first in the country to (d) Zoroastrianism
establish a State-specific ranking framework (e) Judaism
for its higher education institutions by way of Answer: B
the initiative. The annual 5-day-long Great Prayer Festival,
To introduce a more democratic and secular “Ladakh MonlamChenmo,” a mass prayer
approach to the ranking system in kerala. camp by Buddhist monks and nuns for world
The NIRF is a ranking system created by the peace and happiness is starting in Leh,
Indian government in 2015 to evaluate higher Ladakh.
education institutions across India. It has resumed after three years of
KIRF will rank participating universities, discontinuation due to Covid.
colleges in the categories of overall, The event has been organised since 1991.
Page 159 of 424
It is being organised by the All Ladakh Gonpa The announcement was made after
Association. Telangana IT and Industries Minister Shri KT
SmonlamChenmo is a major annual prayer of Rama Rao Meeting with LSE Group CIO
the Sangha Community of Ladakh gathered Anthony McCarthy in London.
at one platform. A memorandum of understanding (MoU) was
On the side-lines of the event, Member of also signed by Jayesh Ranjan, Principal
Parliament for Ladakh Constituency Jamyang Secretary of IT and Industries Departments
Tsering Namgyal will lead a special camp for (Govt of Telangana), and McCarthy.
Sangha Community, which is named “Seva The CoE will boost the banking, financial
for Sangha’, from May 11 to 16, 2023 at Leh services and insurance (BFSI) ecosystem in
in collaboration with district administration the city.
Leh.
The Indo-Tibetan Border Police (ITBP) has 138. Who has been recently conferred the
also joined hands with the organisers to set status of 'Chairman Emeritus' by the Board of
up medical camps during the 5-day-long Infrastructure major Larsen & Toubro (L&T)?
camp ‘Seva for Sangha’. (a) Venu Srinivasan
(b) Shiv Nadar
137. Recently(May 2023), where did the (c) Dhruba Narayan Ghosh
London Stock Exchange Group PLC (LSEG) (d) S N Subrahmanyan
plan to set up a technology centre of (e) AnilManibhai Naik
excellence (CoE)thatwill boost the banking, Answer: E
financial services and insurance (BFSI) Infrastructure major Larsen & Toubro (L&T)
ecosystem in the city? has appointed S N Subrahmanyan, as
(a) Mumbai Chairman and Managing Director (CMD)of
(b) Chennai the company with effect from October 1,
(c) Hyderabad 2023.
(d) New Delhi A. M. Naik has decided to step down as Non -
(e) Bangalore Executive Chairman of the Company with
Answer: C effect from September 30, 2023.
The London Stock Exchange Group PLC A. M. Naik has been conferred the status of
(LSEG) will set up a technology centre of 'Chairman Emeritus' by the Board."
excellence (CoE) in Hyderabad, which wil l SN Subrahmanyan is currently the Chief
create about 1,000 jobs a year. Executive Officer (CEO) and Managing
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Director (MD) of Larsen & Toubro. Robson Romolo was the Vice Speaker of
AM Naik has been with L&T for more than 58 Congress.
years and is known as the architect of the FSM became an independent country in 1979
transformation of the company into a global In addition, Quincy Lawrence won the
conglomerate with dominance in the sectors election for Floor Leader.
in which he operated.
140. Recently(May 2023), the Oil and Natural
139. Recently in May 2023, Wesley W. Gas Corporation (ONGC) announced that it
Simina was elected as the 10th president of has found Crude oil and natural gas in two
the Federated States of Micronesia (FSM). blocks of the Mumbai offshore region. What is
When did FSM become an independent the percentage of the natural gas produced
country? only from offshore areas?
(a) 1979 (a) 65.21%
(b) 1965 (b) 73%
(c) 1973 (c) 45.3%
(d) 1966 (d) 71.35%
(e) 1982 (e) 77.24%
Answer: A Answer: D
Former Speaker Wesley W. Simina was State-owned Oil and Natural Gas Corporation
elected as the 10th president of the (ONGC) announced that it has found Crude
Federated States of Micronesia (FSM) during oil and natural gas in two blocks of the
the first regular session of the 23rd FSM Mumbai offshore region.
Congress in Micronesia. ONGC had won these blocks in auctions
He will succeed David Panuelo. conducted under the open acreage licensing
During the first day of the 23rd FSM policy (OALP) regime.
Congress, Aren B. Palik was re-elected as Companies are allowed to select acreages for
vice president. bidding based on data analysis under the
Palik used to work in the Congress as the OLAP regime.
Senator At-Large for Kosrae State. These discoveries have been found in ‘Amrit’
Prior to his presidential election, Simina was and ‘Moonga’ blocks.
the senator at-large for Chuuk State and also Block Amrit is spread over an area of 725
the speaker of the Congress. square km and is approximately 100 km from
Esmond Moses was elected as Speaker and the landfall point.
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Block Moonga is spread over 4,668 sq km These include PhonePe’sPincode and Airpay,
and is located 30 km from the Mumbai coast. companies such as HUL and ITC.
Both these discoveries have been notified to ONDC’s alpha testing commenced in April
the Directorate General of Hydrocarbons and 2022.
their potential is being currently assessed. Its beta testing began with grocery and food
ONGC is committed to discover the vast delivery in Bengaluru in September 2022.
potential of India's hydrocarbon resources for Presently, it is beta-testing in Bengaluru and
improving India’s energy security. Meerut and alpha-testing in 236 cities.
The largest producer of petroleum in India is In April 2023, NPCI Bharat BillPay launched
Rajasthan. NOCS platform for processing of ONDC
Assam and Gujarat are in second and third transactions.
spots respectively. The NOCS platform is integrated with banks,
In India, about 71.35% of natural gas is fintech and e-commerce players
produced from offshore areas.
142. Recently(May 2023), which of the
141. What is the increased rate in the number followinge-commerce company has received
of retail merchants on board ONDC in May an order from the Central Consumer
2023 from 800 in January 2023? Protection Authority (CCPA) to permanently
(a) 10,000 delist car seat belt alarm stopper clips on
(b) 5,000 their platform?
(c) 35,000 (a) IndiaMart
(d) 25,000 (b) Amazon
(e) 15,000 (c) Olx
Answer: C (d) JioMart
The number of retail merchants on board (e) Ebay
ONDC increases from 800 in January to Answer: B
35,000 in May CCPA has issued orders against five e -
The number of daily orders on the Open commerce companies for selling car seat belt
Network for Digital Commerce (ONDC) alarm stopper clips on their platforms.
crossed the 25,000 mark in first week of May The names of these e-commerce companies
2023. are Amazon, Flipkart, Snapdeal, Shopclues,
ONDC’s network participants increased from and Meesho.
26 in January 2023 to 46. The Central Consumer Protection Authority
Page 162 of 424
(CCPA) passed orders against these five e- Hyderabad airport has topped the charts both
commerce platforms for violation of consumer in the ‘Global Airports’ and ‘Large Airports’
rights and unfair trade practice. categories.
In a letter to the Department of Consumer In November 2022, it was ranked fourth in the
Affairs, Ministry of Road Transport and large airport category with an on-time
Highways (MoRTH) highlighted the issue of performance of 88.44 percent.
sale of car seat belt alarm stopper clips. It was selected based on the actual gate
CCPA took cognizance of the matter and departure service.
referred the matter to DG Investigation More than 5 million flights have been
(CCPA). reviewed around the world by Cirium.
After the investigation report, CCPA directed The latest technology innovations have been
the e-commerce platforms to permanently used in the Hyderabad airport for improving
delist all car seat belt alarm stopper clips. performance.
It has implemented the first-ever integrated
143. According to a recent(May 2023) report and centralized Airport Operations Control
by aviation analytical firm Cirium, GMR Center (AOCC) and many modern passenger
Hyderabad International Airport is the most information systems and technological
punctual airport in the world. What is the initiatives.
percentage recorded by the airport for on - GMR Hyderabad International Airport
time performance? ensures on time performance (OTP) for its
(a) 85.72 % airline partners through its seamless service
(b) 88.63 % like Express Security check- in, Self-Check -
(c) 92.55 % in kiosks, E Boarding, video analytics, etc.
(d) 90.43 %
(e) 94.62 % 144. Which of the following day is selected to
Answer: D observe as the ‘AIFF Grassroots Day’ by the
According to a report by aviation analytical All India Football Federation in honour of
firm, CIrium, GMR Hyderabad International Indian football icon Pradip Kumar Banerjee?
Airport is the most punctual airport in the (a) 20th May
world. (b) 26th May
The airport has recorded 90.43 per cent on - (c) 23rd June
time performance. (d) 16th July
It is the only airport to surpass the 90% mark. (e) 20th July
Page 163 of 424
Answer: C Answer: C
The All India Football Federation has decided International Day of Families is celebrated
to observe 23 June as the ‘AIFF Grassroots every year on May 15.
Day’ in honour of Indian football icon Pradip The theme of International Day Of Families
Kumar Banerjee. 2023 is “Demographic Trends and Families”.
Pradip Kumar Banerjee was the captain of This day is celebrated to raise awareness
the Indian Football team in 1960 in Rome about the importance of Family
Olympics. International Day Of Families 2023 was first
He is popularly known as P.K. observed by the United Nations General
Pradip Kumar Banerjee played a key role in Assembly (UNGA) in the year 1994.
India’s historic gold medal in the 1962 Asian International Day Of families 2023 was
Games. observed as a global observance.
Pradip Kumar Banerjee was part of FIFA first The United Nations focuses on the
coaching course in Japan under the German importance of families like health, wealth,
coach Dettmar Cramer. work-life balance, women’s rights, etc.
He was a recipient of Padma Shri in 1990 International Day Of Families 2024 is
and was named Indian Footballer of the 20th celebrated as the thirtieth anniversary of
Century by IFFHS. International Day Of Families by the United
He was honoured with the FIFA Order of Nations.
Merit, the highest honour awarded by FIFA. In 1985, the Economic and Social Council
He died on 20 March 2020 due to age-related invites the General Assembly to conduct the
issues in Kolkata. forty-first session named “Families in the
development process”.
145. What is the theme of International Day
Of Families 2023 that is observed every year 146. Recently in May 2023, theChief Justice
on May 15? of India launched the ‘E-filing 2.0’for filing
(a) Families and Urbanisation cases electronically. Who is the current Chief
(b) Families and New Technologies Justice of India?
(c) Demographic Trends and Families (a) Sharad Arvind Bobde
(d) Families in Development Copenhagen & (b) N V Ramana
Beijing +25 (c) U U Lalit
(e) Families and Climate Action: Focus on (d) D Y Chandrachud
SDG13 (e) Dipak Misra
Page 164 of 424
Answer: D team and appeared in World Cups in Brazil in

Chief Justice of India (CJI) D Y Chandrachud 1950, Switzerland in 1954, Sweden in 1958,
launched ‘E-filing 2.0’ and told lawyers that Chile in 1962 and England in 1966.
the facility for filing cases electronically will be After retiring as a player, he became a
now available round the clock. manager in the 1960s, 1970s, 1980s, and
The chief justice, who has been advocating 1990s with Club León, Unión de Curtidores,
for e-courts and e-filing of cases across the AtletasCampesinosandAtlético Morelia.
country, also inaugurated an 'e-Sewa Kendra' He twice won both the Copa México as
on the apex c?ourt's premises. Campeón de Campeones with Club Leon in
The facilities will be available to all lawyers the early 1970s.
24X7.
148. What is the theme for the International
147. Recently(May 2023), which of the Nurses Day 2023 that is observed every year
followingcountries’ national team footballer on 12 May?
Antonio Félix "Tota" Carbajal (a) Nurses: A voice to Lead – Health for All
Rodríguezpassed away at the age of 93 ? (b) Nurses: A voice to Lead – Nursing the
(a) Brazil World to Health
(b) Porugal (c) Nurses: A voice to Lead – A Vision for
(c) Sweden future healthcare
(d) Germany (d) Nurses: A voice to Lead - Invest in
(e) Mexico Nursing and respect rights to secure global
Answer: E health
Legendary Mexican goalkeeper Antonio Félix (e) Our Nurses. Our Future
"Tota" Carbajal Rodríguez, the first footballer Answer: E
to play in 5 Fédération internationale de International Nurses Day is observed every
football association (FIFA) World Cups, year on 12 May.
passed away at the age of 93 in Leon, It is observed to recognise the tireless and
Mexico. invaluable contribution of nurses to health
Antonio Carbajal was born in Mexico City. care and global health security.
He was also called "El Cinco Copas", in The theme for the International Nurses Day
reference to his record of 5 World Cups 2023 is “Our Nurses. Our Future”.
played. The International Council of Nurses (ICN) is
He played 47 games for the Mexican national celebrating this day since 1965.
Page 165 of 424
In 1974, 12 May was chosen to celebrate this Gummidipoondi Taluk, Thiruvallur District.
day to mark the birth anniversary of Florence The production is targeted to start in October
Nightingale. She is the founder of modern 2025.
nursing. Introduced in November 2021, Mitsubishi
In 1998, 8 May was announced as the annual Electric’s Advance & Innovation 2025
National Student Nurses' Day. Strategy is targeting global sales of air
conditioning and refrigeration systems worth
149. Where will the Mitsubishi Electric India $10.5 billion by the fiscal year ending March
(MEI) invest ₹1,891 crore in a new air- 2026.
conditioner and compressor factory project? Mitsubishi Electric Corporation Group
(a) Chennai President YasumichiTazunoki.
(b) Mumbai
(c) Bangalore 150. Recently(May 2023), Hyundai Motor
(d) Hydrabad India Ltd (HMIL) has signed an agreement
(e) Hosur with which of the following state government
Answer: A for a large-scale investment of ₹20,000 crore
Mitsubishi Electric India (MEI), a part of the to be spent over 10 years (2023 -2032)?
$37 billion Japanese major Mitsubishi (a) Telangana
Electric, will invest ₹1,891 crore in a new air- (b) Karnataka
conditioner and compressor factory project (c) Tamil Nadu
near Chennai. (d) Andhra Pradesh
This is the company’s first such plant in India (e) Maharashtra
to be set up to meet the rising demand for air Answer: C
conditioners in the country. Hyundai Motor India Ltd (HMIL) is preparing
The investment is by way of 100 per cent for an expansion in the electric vehicle (EV)
foreign direct investment which would segment and ramping up its production.
generate employment of more than 2,000 To this effect, the company has signed an
people. agreement with the Tamil Nadu government
The company signed a memorandum of for a large-scale investment of ₹20,000 crore
understanding (MoU) with the State to be spent over 10 years (2023 -2032).
government for the project. The proposed investment will be spent in
The facility will be set up on a 52 acre land at establishing an EV battery pack assembly
Origins by Mahindra in Peruvoyal Village, unit, the development of new vehicle
Page 166 of 424
platforms (such as EVs) and new models RBI has advised the "Banks/financial
(Internal Combustion Engine and EV), and institutions (FIs) are advised to ensure that no
the ramp up of production capacity, among new transactions undertaken by them or their
others. customers rely on or are priced using the
The company will also be investing in US$ LIBOR or the Mumbai Interbank Forward
increasing the the production capacity at its Outright Rate (MIFOR).
Sriperumbudur factory near Chennai, to 8.5 RBI has advised the banks/FIs to take all
lakh units per year from the current 7.7 lakh necessary steps to ensure insertion of
units. fallbacks at the earliest in all remaining
Hyundai Motor India Ltd is a wholly owned legacy financial contracts that reference US$
subsidiary of the Hyundai Motor Company LIBOR.
headquartered in South Korea. RBI stated that Financial Benchmarks India
Pvt. Ltd. (FBIL) will stop publishing the
151. Recently in May 2023, the banks and MIFOR after June 30, 2023.
other RBI-regulated entities are advised to RBI had issued an advisory on ‘Roadmap for
make complete transition from the London LIBOR Transition’ in July 2021.
Interbank Offered Rate (LIBOR) and Mumbai The banks/FIs were encouraged to carry out
Interbank Forward Outright Rate (MIFOR) by transactions using the widely accepted
the Reserve Bank of India (RBI). When will Alternative Reference Rate (ARR) by
Financial Benchmarks India Pvt. Ltd. December 31, 2021.
(FBIL)stop publishing the MIFOR ? On 05 March 2021, the Financial Conduct
(a) July 31, 2023 Authority (FCA), UK has announced that
(b) June 30, 2023 LIBOR will either cease to be provided by any
(c) December 31, 2023 administrator or no longer be a representative
(d) May 31, 2024 rate immediately after June 30, 2023, in the
(e) April 30, 2024 case of the remaining US dollar settings.
Answer: B
The Reserve Bank of India (RBI) has issued 152. Recently(May 2023), the Reserve Bank
an advisory to banks and other RBI-regulated of India (RBI) announced a ‘100 Days 100
entities, emphasising the need to take s teps Pays’ campaign for banks to trace and settle
to ensure a complete transition from the the top 100 unclaimed deposits . How much
London Interbank Offered Rate (LIBOR) from amount of unclaimed deposits does Public
July 1, 2023. Sector Bankstransferred to the RBI till
Page 167 of 424
February,2023? user inputs

(a) Rs 35,012 crore
(b) Rs 30, 572 crore 153. Recently(May 2023), the EXIM (Export-
(c) Rs 28,711 crore Import) BankoperationalisedIndia EXIM
(d) Rs 25,322 crore Finserv IFSC Private Ltdfor trade finance and
(e) Rs 21, 246 crore focus on international export factoring. What
Answer: A is the amount that EXIM Bank plans to
The Reserve Bank of India (RBI) announced raisevia overseas debt?
a ‘100 Days 100 Pays’ campaign for banks to (a) $5 billion
trace and settle the top 100 unclaimed (b) $6 billion
deposits of every bank in every district of the (c) $10 billion
country within 100 days. (d) $4 billion
The banks will commence the campaign from (e) $12 billion
June 1, 2023. Answer: D
Balances in savings/current accounts which EXIM (Export-Import) Bank is expected to
are not operated for 10 years, or term operationalise its proposed GIFT City
deposits not claimed within 10 years from subsidiary for trade finance by the third
date of maturity are classified as "unclaimed quarter (Q3) of the current financial year
deposits". (FY24).
These amounts are transferred by banks to The proposed subsidiary is set to be named
the "Depositor Education and Awareness" India EXIM Finserv IFSC Private Ltd.
(DEA) Fund maintained by the RBI. Initially, the subsidiary arm will focus on
The issues related to unclaimed deposits international export factoring.
were also discussed during the meeting of EXIM Bank plans to raise $4 billion via
the high-powered Financial Stability and overseas debt.
Development Council (FSDC) headed by It plans to raise ₹40.000-45,000 crore in the
finance minister Nirmala Sitharaman. domestic market in FY24, against ₹52,000
As of the end of February,2023 RBI had Rs crore in FY23.
35,012 crore of unclaimed deposits The bank expects to maintain the 14% growth
transferred to it by Public Sector Banks. of FY23, pegging growth for the current
In April 2023, RBI had announced a Web financial year at 12-15%.
portal to enable search across multiple banks
for possible unclaimed deposits based on 154. Recently(May 2023), which of the
Page 168 of 424
following Non-banking financial company 155. What is the loan amount approved by
(NBFC)has received the Certificate of the Board of Executive Directors of World
Registration (CoR) under the Factoring Bank (WB)recently(May 2023)for the Animal
Regulations Act, 2011 from the Reserve Bank Health System Support for One Health
of India (RBI)? Programme (AHSSOH) to support India’s
(a) Mahindra & Mahindra Financial Services Livestock Health and Disease Control
(b) L&T Finance Programme?
(c) Cholamandalam Investment and Finance (a) $70 million
Co (b) $63 million
(d) Piramal Capital & Finance (c) $82 million
(e) Profectus Capital Private Limited (d) $95 million
Answer: E (e) $100 million
Non-banking financial company (NBFC) Answer: C
Profectus Capital Private Limited has The Board of Executive Directors of World
received the Certificate of Registration (CoR) Bank (WB) approved an $82 million loan for
under the Factoring Regulations Act, 2011 Animal Health System Support for One
from the Reserve Bank of India (RBI) to Health Programme (AHSSOH) will support
provide factoring services to the Ministry of India’s Livestock Health and DiseaseControl
Micro, Small and Medium Enterprises Programme, towards to control animal
(MSMEs). diseases by adopting global best practices for
Profectus Capital plans to offer timely and animal health management & to prevent,
efficient factoring services to improve their detect, & respond to endemic zoonotic,
working capital management, boost their transboundary, and emerging infectious
businesses, and receive short-term finance to diseases.
fund operations. The $82 million loan from the International
Profectus will continue to focus on select Bank for Reconstruction and Development
manufacturing and service sectors based on (IBRD) uses the Program-for-Results (PforR)
its cluster-based lending approach. financing instrument that links the
Moreover, it plans to focus on BBB- and disbursement of funds directly to the
above rated corporate buyers. achievement of specific program results.
Executive Director, and CEO of Profectus The loan has a maturity period of 11.5 years,
Capital Private Limited : K V Srinivasan including a grace period of 4.5 years.
It will directly benefit approximately 2.9 million
Page 169 of 424
livestock farmers in the states of Assam, announced the launch of its all -new Privy
Karnataka, Maharashtra, Odisha, and League programme, an exclusive premium
Madhya Pradesh (MP) by providing improved banking programme with unique lifestyle
access to animal health services. benefits and bespoke financial solutions
It will strengthen India’s One Health tailored to high-net-worth people (HNI).
approach, which recognises that people and Privy League, was designed to honour their
animals are connected with their shared customers’ achievements by providing them
environment. with unrivalled lifestyle experiences and
India has the largest livestock population in superior banking services.
the world so the risk of Animal disease The Premium Metal Debit Card for the Privy
outbreaks is high. League black tier, designed by famous artist
In India, around 68% of the workforce relies Arunanshu Chowdhury, allows clients to
on farming and remains in close contact with enjoy premium bargains, complimentary
domestic animals and poultry, thereby airport lounge access, and many other
becoming frequently exposed to sick or privileges.
infected animals. The Signature LED Debit Card, developed for
For instance, foot and mouth disease alone the Privy League Platinum category, is India’s
costs India over USD 3.3 billion annually. first LED card, with perks such as a 75%
discount on Priority Pass.
The initiative provides a variety of Business
156. Recently(May 2023), which of the Banking solutions, as well as advantageous
following bank haslaunched premium banking rates on loans, locker rentals, brokerage, and
programme with unique lifestyle benefits and other specialised products.
bespoke financial solutions tailored to high- Customers have access to a powerful 3-in-1
net-worth people (HNI) called Privy League Integrated Account, which includes a bank
programme? account, a demat account, and a trading
(a) HDFC bank account.
(b) ICICI Bank
(c) Kotak Mahindra Bank 157. What is the estimatedgreen financing
(d) Axis Bank requirement of India to be followed annually
(e) Federal Bank till 2030, based on the Reserve Bank of
Answer: C India’s (RBI’s) report on Currency and
Kotak Mahindra Bank Limited (KMBL) Finance (RCF) for the year 2022 -23?
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(a) 1.2% of GDP net zero goal by 2070 attainable.

(b) 1.6% of GDP
(c) 1.5% of GDP 158. Recently(May 2023), ‘Model Prisons Act,
(d) 2.5% of GDP 2023’ has been finalized under the leadership
(e) 2.3% of GDP of Prime Minister Narendra Modi and the
Answer: D guidance of Home Minister Amit Shah. When
The Reserve Bank of India’s (RBI’s) report on was the pre-independence era ‘Prisons Act’
Currency and Finance (RCF) for the year enacted in Indi a?
2022-23 states that India’s green financing (a) 1900
requirement is estimated to be at least 2.5% (b) 1894
of Gross domestic product (GDP) annually till (c) 1886
2030. (d) 1910
The country aims to achieve a net zero (e) 1915
emissions target by 2070. Answer: B
The RBI’s report covers 4 major dimensions Home Ministry said the comprehensive
of climate change to assess future challenges ‘Model Prisons Act, 2023’ has been finalized
to sustainable high growth in India. under the leadership of Prime Minister
These areunprecedented scale and pace of Narendra Modi and the guidance of Home
climate change;its macroeconomic Minister Amit Shah.
effects;implications for financial stability;policy The government had earlier decided to
options to mitigate climate risks. review and revise the colonial-era outdated
The report further states that India’s goal to Prison Act in tune with contemporary modern-
achieve the net zero target by 2070 would day needs and correctional ideology.
require an accelerated reduction in the The Model Prison Act, 2023 may serve as a
energy intensity of GDP by around 5% guiding document for the States, and for
annually. adoption in their jurisdiction.
A significant improvement is also required in Union Home Ministry had assigned the task
energy-mix in favour of renewables to around of revision of the Prisons Act, 1894 to the
80% by 2070-71. Bureau of Police Research and Development.
According to the report, a balanced policy The Model Prison Act, 2023 focuses on
intervention with progress ensured across all vocational training and skill development of
policy levers will enable India to achieve its prisoners and their reintegration into society.
green transition targets by 2030, making the Salient features of the Model Prisons Act:
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Provision for security assessment and additional income opportunities for the
segregation of prisoners and individual marginalized sections of society.
sentence planning Under the scheme, OSOP outlets at railway
Grievance redressal, prison development stations are allotted for showcasing, selling
board and attitudinal change towards and giving high visibility to indigenous or local
prisoners products.
Provision of separate accommodation for These OSOP stalls are designed through
women prisoners and transgender National Design Institute for uniformity
Provision for using technology in prison
administration to bring transparency in prison 160. How many Shaurya Chakra awards has
administration been conferred by the President of India
during Defence Investiture Ceremony
159. Recently(May 2023), how many stations (Phase-1) held in New Delhi?
are covered with 785 OSOP outlets under the (a) 29
One Station One Product’ (OSOP) scheme of (b) 8
Indian Railways in 21 States and 3 Union (c) 37
Territories across the country so far? (d) 16
(a) 621 stations (e) 12
(b) 750 stations Answer: A
(c) 728 stations The President of India recently conferred 37
(d) 655 stations Gallantry awards, including eight Kirti
(e) 650 stations Chakras and 29 Shaurya Chakras, during
Answer: C Defence Investiture Ceremony (Phase -1)
Under the One Station One Product’ (OSOP) held in New Delhi
scheme of Indian Railways, 728 stations are They have been instituted by the Government
covered with 785 OSOP outlets in 21 States of India to honour the acts of bravery and
and 3 Union Territories across the country so sacrifice of the officers/personnel of the
far. Armed Forces, other lawfully constituted
Ministry of Railways launched this scheme in Forces and civilians.
March, 2022. These gallantry awards are announced twice
The objective is to promote ‘Vocal for Local’ a year - first on the occasion of the Republic
vision of the government, providing a market Day and then on the occasion of the
for local or indigenous products and create Independence Day.
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Three gallantry awards, namely Param Vir the government’s $10 billion India
Chakra, Maha Vir Chakra and Vir Chakra, Semiconductor Mission announced in 2021.
were instituted by the Government of India on The Union Cabinet approved the
26th January, 1950. modernisation plan in July 2022, which
The order of precedence of these awards is includes an exploration of the possibility of
the Param Vir Chakra, the Ashoka Chakra, the Joint Venture (JV) of the Semi-Conductor
the Mahavir Chakra, the Kirti Chakra, the Vir Laboratory (SCL) with one or more
Chakra and the Shaurya Chakra. commercial fab partners.
Persons recommended for the award shall However, the government has not provided a
not be involved in any adverse report or projected timeline for the project.
should not have been conveyed any According to a request for proposal floated by
displeasure or censure or given any the Ministry of Electronics and Information
punishment in a court martial proceedings or Technology (MeitY), the planned upgrade
through administrative action. aims to transform SCL into an entity with
volume production and profitable assets.
161. How much amount will government The fab, which started production in 1984
spend to modernise the Semi -conductor was devastated by a factory fire in 1989 and
Laboratory (SCL) in Mohali? has not fully recovered the capacity
(a) $1 billion thereafter.
(b) $2 billion The government estimates the semiconductor
(c) $1.2 billion market in India to grow at a compounded
(d) $1.5 billion annual growth rate of 22 per cent and reach
(e) $2.2 billion Rs 9 trillion or 10 per cent of the global
Answer: C market by 2030 from Rs 1.25 trillion in 2020.
The government will spend around $1.2
billion to modernise the Semi -conductor 162. Who is Afghanistan’s Taliban-appointed
Laboratory (SCL) in Mohali, a 30-year-old acting Foreign Ministerrecently(May 2023) at
facility currently capable of producing 8 -inch the 5th China-Afghanistan-Pakistan Foreign
CMOS microchip wafers mostly used for the Ministers’ Dialogue jointly with Pakistan and
country’s strategic needs such a s the space chinaForeign Minister?
programme. (a) Ahmad Attaf
The planned modernisation and (b) Mawlawi Amir Khan Muttaqi
commercialisation of the facility is a part of (c) Abdullatif bin Rashid Al Zayani
Page 173 of 424
(d) AK Abdul Momen (a) Manipur

(e) Erywan Yusof (b) Nagaland
Answer: B (c) Assam
Pakistan, China and Afghanistan have (d) Mizoram
agreed to forge closer economic ties by (e) Tripura
extending the Beijing-backed China-Pakistan Answer: C
Economic Corridor (CPEC) to Afghanistan. Assam Chief Minister Shri HimantaBiswa
Pakistan Foreign Minister Bilawal Bhutto Sarma ceremonially dedicated ‘Digitizing
Zardari, his Chinese counterpart Qin Gang Asom,” a community project aimed at
and Afghanistan’s Taliban-appointed acting digitization of rare Assamese journals and
Foreign Minister Mawlawi Amir Khan Muttaqi books published between 1813 and 1970, for
held the 5th China-Afghanistan-Pakistan public use at an event organised at the
Foreign Ministers’ Dialogue. Janata Bhawan in Guwahati, Assam.
During the dialogue, foreign ministers of 3 Digitizing Asom is an initiative of the Nanda
countries underlined the need to prevent any Talukdar Foundation and is supported by the
group from using their territories for terror Assam JatiyaBidyalay Educational and Socio-
activities. Economic Trust.
The 3 foreign ministers emphasised the It seeks to digitise every possible rare
importance of current initiatives, including Assamese language book and journal,
CASA-1000, TAPI, and Trans-Afghan regardless of their location, and make them
Railways etc., to improve regional available to the public through the website
connectivity. www.assamarchive.org.
This was the first foreign ministers’ dialogue It can be accessed free of cost.
between Pakistan, China and Afghanistan In the 1st phase of the project, journals
since the Taliban returned to power in published between 1840 and 1970 have been
Afghanistan in 2021. included, encompassing 3071 editions of as
many as 161 journals with a total of 2,45,680
163. Recently in May 2023, which of the pages.
following state Chief Ministerceremonially The 2nd phase of the project, under process,
dedicateda community project aimed shall cover books published between 1813
atdigitization of rare journals and books of and 1962.
state’s language published between 1813
and 1970? 164. How much amount will Mitsubishi
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Electric India (MEI) invest in a new air- 3,00,000 room air conditioners and by the
conditioner and compressor factory project beginning of December 2025, the capacity
near Chennai, Tamil Nadu (TN)? will more than double to 6,50,000
(a) ₹1,200 crore compressors
(b) ₹1,891 crore Mitsubishi Electric Corporation Group
(c) ₹2,357 crore President :YasumichiTazunoki.
(d) ₹2,772 crore
(e) ₹2,654 crore
Answer: B 165. Recently in May 2023, Agritech firm
Mitsubishi Electric India (MEI), a part of the Rukarthas tied up with State Bank of India
$37 billion Japanese major Mitsubishi (SBI) to help potential customers in getting
Electric, will invest ₹1,891 crore in a new air- easy loan options to buy the 'Subjee Cooler' .
conditioner and compressor factory project Which of the following organisation jointly
near Chennai, Tamil Nadu (TN). mentoring Rukart?
The foundation stone was laid by Chief (a) Council On Energy, Environment and
Minister Shri M K Stalin. Water (CEEW)
This is the company’s first such plant in India (b) UnLtd India
to be set up to meet the rising demand for air (c) Villgro Innovations Foundation
conditioners in the country. (d) Both A and C
Top officials of Mitsubishi Electric India (e) Both B and C
entered into a memorandum of understanding Answer: D
(MoU) with Guidance Tamil Nadu (TN), an Agritech firm Rukart, which sells 'Subjee
investment promotion agency of the state of Cooler' to enhance shelf life of fruits and
TN, to set up the factory. vegetables, has tied up with SBI to help
The investment is by way of 100% foreign potential customers in getting ea sy loan
direct investment which would generate options to buy the product.
employment of more than 2,000 people. Founded in May 2019, Rukart manufactures
The facility will be set up on a 52 acre land at Subjee Cooler, a cold chain storage system
Origins by Mahindra in Peruvoyal Village, that requires only 20 liters of water a day to
Gummidipoondi Taluk, Thiruvallur District. function.
The production is targeted to start in October It increases the shelf life of fruits, flowers and
2025. vegetables by 4-6 days.
The initial annual capacity will total up to The cost of the product is Rs 50,000 each
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and one Subjee Cooler has a storage The company's authorised capital is Rs 2,000
capacity of 100 kg. crore and the paid-up capital is Rs 402.25
Rukart is mentored by the Powering crore, as per the latest data available with the
Livelihoods program, jointly run by Council corporate affairs ministry.
On Energy, Environment and Water (CEEW) Alliance Air, which saw its net loss widen to
and Villgro Innovations Foundation. Rs 447.76 crore in fiscal 2021-22, has been
Farmers and retailers can now buy grappling with financial woes.
Rukart'sSubjee Cooler with ease through The carrier's cash loss widened to Rs 224.18
SBI's affordable EMIs. crore in the financial year ended March 2022.
Four companies that were earlier part of Air
166. In May 2023, how much amount does India are now under AIAHL.
the finance ministry approve for an equity These are Air India Air Transport Services
infusion into Alliance Air? Ltd, Air India Engineering Services Ltd,
(a) Rs 100 crore Airline Allied Services Ltd and Hotel
(b) Rs 150 crore Corporation of India Ltd.
(c) Rs 420 crore All the four companies are proposed to be
(d) Rs 300 crore divested by the government in due course.
(e) Rs 200 crore The Expression of Interest (EoI) for Air India
Answer: D Air Transport Services and Air India
The government is all set to make an equity Engineering Services are likely to be floated
infusion of Rs 300 crore in Alliance Air. soon.
Alliance Air, which earlier was a part of Air Loss-making Air India along with Air India
India, is currently owned by AI Assets Holding Express was taken over by Tata Group in
Ltd (AIAHL), a special-purpose vehicle January 2022.
formed by the central government.
The government's move might help the 167. Recently in May 2023, India has
company to fade the impact of the financial extended a $1 billion credit line for Sri Lanka
headwinds that it has been facing. by one year. How much credit line is left with
The finance ministry has approved an equity Sri Lanka?
infusion of Rs 300 crore into Alliance Air. (a) $350 million
Flights under 'Alliance Air' brand are operated (b) $280 million
by Airline Allied Services, which changed its (c) $255 million
name to Alliance Air Aviation Ltd. (d) $320 million
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(e) $265 million Answer: B

Answer: A The US Senate confirmed Dr Geeta Rao
India has extended a $1 billion credit line for Gupta, an Indian-American, for the position of
Sri Lanka by one year, giving the crisis -hit Ambassador-at-Large for the Office of Global
country a backup funds to pay for essential Women's Issues in the State Department.
imports. President Joe Biden nominated Gupta for this
The credit line, part of about $4 billion in role, and she received confirmation with a
emergency assistance extended by India vote of 51 to 47 earlier this week.
during the peak of Sri Lanka's financial crisis She will promote women's and girl child's
early last year, was scheduled to end in rights keeping in mind the US foreign policy.
March. Gupta worked closely with various United
Post-negotiations, the credit line was Nations (UN) agencies and programs.
extended until March 2024. She worked as the Executive Director of the
There is about $350 million left of the credit UN Foundation's 3D Programme for Girls and
line that can be utilised as needed. Women.
The situation has now improved with Sri She also advises the UNAIDS Global
Lanka finalising a nearly $3 billion bailout Coalition on Women and AIDS and is on the
package from the International Monetary boards of InterAction and the Moriah Fund.
Fund in March and kicking off debt She also held the position of co-chair of the
restructuring talks with key bilateral creditors UN Millennium Project Task Force on
India, Japan and China. Education and Gender Equality.
Sri Lanka's foreign exchange reserves hit
$2.7 billion at the end of last month. 169. Recently in May 2023, how much has
the government saved by avoiding imports by
168. Recently(May 2023), who has been the Defence Minister’s approval of the 4th
appointed as the Ambassador-at-Large for Positive Indigenisation List (PIL) of 928
Global Women's Issues in the United States strategically-important Line Replacement
Department of State ? Units (LRUs)/Sub-systems/Spares &
(a) MelanneVerveer Components?
(b) Geeta Rao Gupta (a) ₹650 crore
(c) Swati Dandekar (b) ₹688 crore
(d) Manka Dhingra (c) ₹700 crore
(e) Nikki Haley (d) ₹715 crore
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(e) ₹560crore reliance in the Defence sector.

Answer: D The items that figure in the PIL will only be
Defence Minister Shri Rajnath Singh procured from the indigenous industry after
approved the 4th Positive Indigenisation List the timelines indicated in the list available on
(PIL) of 928 strategically-important Line the Srijan portal.
Replacement Units (LRUs)/Sub- In the list, Mumbai-based Mazagon Dock
systems/Spares & Components, including Shipbuilders Limited (MDL), a leading PSU
high-end materials & spares which will help shipyard, has decided to buy a maximum of
the government avoid imports worth ₹715 over 870 items.
crore. Similarly, HAL has 25 items, mostly for its
To promote ‘AtmaNirbharta’ in defence & HTT-40 trainer aircraft, which will replace the
minimise imports by Defence Public Sector Indian Air Force’s retired HPT-32 Deepak and
Undertakings (DPSUs). the remaining are for Sukhois-30MKIs and
The previous 3 Positive Indigenisation Lists, Jaguars.
published in December 2021, March 2022,
and August 2022 respectively, contained 170. Recently(May 2023), which of the
2,500 items for which the country is no longer following biotech company has installed the
dependent on foreign manufacturers or world’s first integrated machine ‘Husky –
suppliers. Ichor’, for manufacturing of blood collection
Of another 1,238 items, 310 too have been tubes?
indigenised and the remaining will happen (a) Genesis ibrc India Ltd
within the given timelines. (b) Camson Bio Technologies
The DPSUs will undertake indigenisation of (c) BIocon Limited
these items through different routes under (d) Alpa Laboratories Ltd
‘Make’ category and in-house development (e) CML Biotech Ltd
through the capabilities of MSMEs and Answer: E
private Indian industry, thereby providing Angamaly-based CML Biotech Ltd., one of
impetus to the growth in economy, enhanced the largest manufacturers of blood collection
investment in defence and reduction in import tubes in India, has installed the world’s first
dependence of DPSUs. integrated machine ‘Husky –Ichor’, for
The Government under the leadership of manufacturing of blood collection tubes.
Prime Minister Shri @narendramodi is The integrated machine comprises machine
committed towards indigenisation and self- mould, hot runner, dowser, dehumidifier,
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chiller, temperature controller and dryer. the IBA Men's World Boxing Championship
Normally, these functions are carried out in 2023 held in Tashkent, Uzbekistan.
different machines. With this, India concluded the tournament
The machine is manufactured by Canada- with three medals and ranked joint fourth in
based Husky Technologies, a global leader in the medals tally.
injection moulds and moulding machines. On 10 May, Indian boxers ensured three
The machine, set up at a cost of ₹12 crore, is medals at the World Boxing Championships
capable of manufacturing 8 lakh blood for the first time by reaching the semi-finals in
collection tubes per day. Tashkent, Uzbekistan.
The company currently has a manufacturing India scripted history when Deepak Bhoria in
capacity of around 120 million vacuum blood 51kg, Mohammad Hussamuddin in 57kg, and
collection tubes and 100 million non-vacuum Nishant Dev in 71kg won their respective
blood collection tubes per annum. quarterfinal bouts.
Apart from pan-India operations, the This is the first time that Indian men’s boxers
company’s blood collection tubes, will bring home three medals from a World
microbiology products and lab disposables Championship.
are exported to more than 60 countries. In the first quarter-final, Deepak defeated
CML Biotech Managing Director : Paul Jacob. DyushebaevNurzhigit of Kyrgyzstan.
Two-time Commonwealth Games bronze
171. Recently(May 2023), Indian boxer medalist Hasamundin won a close contest
Mohammed Hussamuddin won bronze medal against Bulgaria's J Diaz Ibanez.
at the IBA Men's World Boxing Championship Nishant Dev defeated Jorge Cuellar of Cuba
2023 held in Tashkent, Uzbekistanunder what 5-0.
category? On 12 May, all the three boxers will play their
(a) 51kg semi-final match.
(b) 57kg
(c) 71kg 172. The Allahabad High Court recently
(d) 61kg ordered a “scientific survey”, including carbon
(e) 54kg dating, of a “Shivling” said to have been
Answer: B found at the Gyanvapi mo sque complex.
Indian boxers Deepak Bhoria, Mohammed Where is the Gyanvapi mosque complex is
Hussamuddin and Nishant Dev made the located?
country proud by winning bronze medals at (a) Trivandrum
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(b) Varanasi with the Required Navigation Performance

(c) Bijapur (RNP) approach?
(d) Murshidabad (a) Kochi
(e) Budaun (b) Karwar
Answer: B (c) Goa
The Allahabad High Court recently ordered a (d) Mumbai
“scientific survey”, including carbon dating, of (e) Visahapatnam
a “Shivling” said to have been found at the Answer: C
Gyanvapi mosque complex in Varanasi after INS Hansa in Goa has become the very first
setting aside a lower court order on the issue. Joint-User International Aerodrome in the
Carbon dating is a widely-used method to South-Asia Pacific region to be augmented
establish the age of organic materials, things with the Required Navigation Performance
that were once living. (RNP) approach.
On May 16 last year, a court-ordered It is an Indian naval air station located near
videographic survey of the Kashi Vishwanath Dabolim in Goa.
temple-Gyanvapi mosque was completed by It is India's biggest naval airbase and is home
a Commission appointed by a local court. to the Indian Navy's premier air squadrons.
During the survey proceedings, a structure – The base has a civil enclave that operates as
claimed to be a “Shivling” by the Hindu side Dabolim Airport.
and a “fountain” by the Muslim side – was This naval air station has grown to become a
found inside the mosque premises. full-fledged airfield that handles domestic and
In the Gyanvapi case, the Hindu petitioners international flights around the clock.
claim that the Gyanvapi mosque was built on INS Hansa was commissioned on 5
an ancient Hindu temple. September 1961 at Sulur near Coimbatore,
In this case, the petitioners’ purpose would Tamil Nadu.
likely be served if it was established that the It was initially co-located with the Sulur Air
“Shivling” existed at that place before the Force Station of the Indian Air Force.
mosque came up in 1669.
174. The Ministry of Environment, Forest and
173. Where is the Indian naval air station INS Climate Change, Government of India
Hansa located and has become the very first envisages to celebrate the World
Joint-User International Aerodrome in the Environment Day 2023 with a thrust on the
South-Asia Pacific region to be augmented Mission LiFE.When will the World
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Environment Day 2023be ob served? (b) 15

(a) 12 June (c) 11
(b) 12 May (d) 10
(c) 5 June (e) 12
(d) 20 May Answer: E
(e) 15 May The Global Financial Innovation Network
Answer: C (GFIN) is organizing its first-ever
This year, the Ministry of Environment, Forest Greenwashing TechSprint to combat
and Climate Change, Government of India greenwashing risks in financial services.
envisages to celebrate the World The Reserve Bank of India (RBI) has
Environment Day 2023 with a thrust on the announced its participation among 12 other
Mission LiFE. international regulators in this initiative to
World Environment Day is the United Nations develop a tool that helps the market and
day for encouraging worldwide awareness regulators address the issue.
and action to protect our environment. The central bank noted the number of
To mark the first day of The United Nations investment products marketed as ‘green’ was
Conference on the Human Environment growing.
which was held in Stockholm, Sweden from Greenwashing risks in financial services refer
June 5–16 in 1972. to the practice of making exaggerated,
In 1974 the first WED was held with the misleading, or false claims about the
theme "Only One Earth". environmental, social, and governance (ESG)
The theme for World Environment Day on 5 characteristics of investment products or
June 2023 will focus on solutions to plastic services.
pollution under thecampaign This is done to attract investors who are
#BeatPlasticPollution. interested in sustainable or responsible
investing, but can ultimately result in harm to
175. Recently in May 2023, among how many the environment or society.
other international regulators, Reserve Bank Global Financial Innovation Network (GFIN),
of India (RBI) has announced its participation an international network of more than 50
in first-ever Greenwashing TechSprint to regulatory agencies worldwide working
combat greenwashing risks in financial together to support financial innovation in the
services? best interests of consumers.
(a) 17 Formally launched in January 2019, GFIN
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seeks to provide a more efficient way for Earlier, Twitter CEO Elon Musk announced
firms to interact with regulators as they seek that he has found a new CEO for Twitter, or X
to develop, execute, and distribute new Corp. as it's now called.
innovations. Although Twitter has taken much of Musk’s
GFIN also creates a new framework for time since its takeover, he still actively
cooperation between financial services manages several other businesses such as
regulators on innovation-related topics as SpaceX and Neuralink. Musk recently formed
they share different experiences and an AI company called TruthGPT to take on
approaches. OpenAI’sChatGPT and Alphabet Inc’s Bard.
Firms that are successful in their applications Twitter recently launched encrypted direct
will proceed through to on-boarding which will messages (DMs) for users to communicate
take place on June 1 and 2. This will provide securely.
firms with training on the Digital Sandbox and The microblogging platform CEO Elon Musk
an in-depth overview of the TechSprint warned against its use saying, “Try it, but
process. don’t trust it yet.”
The TechSprint will launch on June 5 and will This comes after Musk announced that
run for 3 months, ending with a showcase Twitter will remove inactive accounts.The
day in September 2023 former advertising head of NBCUniversal will
be taking over within a few weeks and
176. Recently(May 2023), Linda Yaccarino recently asserted that she was lookin g
appointed as the new CEO of Twitter by the forward to building Twitter 2.0.
Elon Musk. Formerly, for which of the
following company she worked as an sales 177. Recently(May 2023), for how much
advertising head? amount has the Global private equity firm
(a) Warner Bros KKR sold the country’s first and only
(b) Charter Communications renewable energy (RE) Infrastructure
(c) NBC Universal Investment Trust (InvIT), Virescent
(d) AT&T Renewable Energy Trust (VRE T) to India
(e) CBS Corporation Grid Trust (IndiGrid)?
Answer: C (a) Rs 5,166 crore
Twitter CEO Elon Musk said that Linda (b) Rs 4,234 crore
Yaccarino will be the social media platform's (c) Rs 3,800 crore
next CEO. (d) Rs 2,200 crore
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(e) Rs 4,000 crore the KKR Sponsor.

Answer: E
Global private equity firm KKR has sold the 178. Recently(May 2023), which of the
country’s first and only renewable energy following state plans to sign pacts with four
(RE) Infrastructure Investment Trust (InvIT), state-owned power companies, towards the
Virescent Renewable Energy Trust (VRET) end of the month, for the development of 13
to India Grid Trust (IndiGrid). hydro power projects with a total capacity of
The deal size is estimated to be Rs 4,000 around 12,000 MW?
crore. (a) Madhya Pradesh
VRET said it signed definitive agreements (b) Arunachal Pradesh
with BSE-listed IndiGrid, country’s first and (c) Tamil Nadu
largest power transmission InvIT, to buy all (d) Telangana
units of VRET along with its investment and (e) Gujarat
project managers. Answer: B
VRET has a portfolio of 16 operating solar Arunachal Pradesh is likely to sign pacts with
projects totaling538 megawatt (Mw) capacity four state-owned power companies, towards
with an asset under management of Rs 4,121 the end of the month, for the development of
crore as of March 31. 13 hydro power projects w ith a total capacity
VRET was launched in 2020 by Virescent of around 12,000 MW.
Infrastructure, which is backed by KKR. In State-owned NHPC Ltd, THDC India Ltd,
2021, VRET became India’s first privately North Eastern Electric Power Corporation
listed renewables-focusedInvIT. (NEEPCO) Ltd and SJVN Ltd will sign the
Recently, it announced its sixth acquisition, agreements with the state.
which will bring its total capacity to 563 Mw Five of these projects are those that were
upon completion. owned by private companies but were
JP Morgan was hired in 2022 to run the sale cancelled by the state because they could not
process. be completed.
IndiGrid was set up in 2016 and sponsored NHPC is to develop two of these projects,
by investment company KKR and Vedanta Upper and Middle Subansiri, NEEPCO will
group’s Sterlite Power. develop five projects, THDC will develop
IndiGrid Investment Managers is the three and SJVN the rest.
investment manager of the InvIT and is
majority owned by Electron IM, an affiliate of 179. Recently(May 2023), how much has the
Page 183 of 424
penalty imposed by the Securities and Parthasarathy from the securities market for
exchange Board of India (SEBI) on four seven years and imposed a penalty of Rs 21
former officials of Karvy Group for flouting crore on them for misappropriating clients'
norms in the case pertaining to funds by misusing the Power of Attorney
misappropriation of clients' funds by Karvy given to it.
Stock Broking Ltd (KSBL)?
(a) Rs 2 crore 180. Recently(May 2023), the Securities and
(b) Rs 1.9 crore exchange Board of India has come out with a
(c) Rs 3 crore consultation paper to regulate platforms
(d) Rs 1.5 crore offering fractional ownership of real estate
(e) Rs 2.5 crore assets. What is the range of the minimum
Answer: B investment in these fractional ownership
Capital markets regulator Sebi imposed a platforms (FOPs)?
penalty totalling Rs 1.9 crore on four former (a) Rs 15 lakh to Rs 30 lakh
officials of Karvy Group for flouting norms in (b) Rs 12 lakh to Rs 25 lakh
the case pertaining to misappropriation of (c) Rs 10 lakh to Rs 25 lakh
clients' funds by Karvy Stock Broking Ltd (d) Rs 5 lakh to Rs 10 lakh
(KSBL). (e) Rs 10 lakh to Rs 20 lakh
They have been directed to pay the fine Answer: C
within 45 days, according to the order passed The Securities and exchange Board of India
by the Securities and Exchange Board of has come out with a consultation paper to
India (Sebi). regulate platforms offering fractional
The order came after Sebi initiated ownership of real estate assets.
adjudication proceedings against the key Such fractional ownership of real estate
persons of KSBL, who allegedly assets is proposed to be brought as MSM
contributed/colluded with the brokerage REITs under Sebi (Real Estate Investment
house in its wrongdoings. Trusts) Regulations, 2014.
Accordingly, Sebi has levied a fine of Rs 1 The regulator has invited comments by May
crore on Krishna Hari G, Rs 40 lakh on Raju, 27.
Rs 30 lakh on Gurazada, and Rs 20 lakh on The previous two-three years have seen
Mahesh. mushrooming of web based platforms offering
Last month, the regulator, in its final order, fractional ownership of real estate assets.
had barred KSBL and its promoter Comandur The minimum investment in these fractional
Page 184 of 424
ownership platforms (FOPs) ranges from Rs (e) July 1, 2023

10 lakh to Rs 25 lakh. Answer: A
The proposals say that any person or entity Capital markets regulator Sebi tweaked the
(including FOPs) which facilitate or have rules about investment in mutual funds made
facilitated fractional investment in real estate in the name of a minor through a guardian.
by any structure will have to register with Sebi The regulator has asked all Asset
for operating as MSM REIT. Management Companies (AMCs) to make
A discussion paper is normally the first step the necessary changes to facilitate such
ahead of formulating new rules by SEBI. mutual fund transactions w ith effect from
The regulator proposed that such platforms June 15, 2023.
must be registered under Regulatory Under the new rule, payment for investment
Framework for Micro, Small and Medium in mutual funds by any mode will be accepted
REITs, where it should have separate from the bank account of the minor, parent or
trustees, sponsors and investment managers. legal guardian of the minor, or a joint account
The sponsor and investment manager should of the minor with parent or legal guardian.
have a net worth of 20 million rupees and 10 For existing mutual fund folios, the AMCs will
million rupees, respectively. have to insist upon a change of pay-out bank
Globally such fractional ownership has been mandate before redemption is processed.
in existence since 2015 in markets such as In December 2019, Sebi prescribed the
the United States and United Arab Emirates. uniform process to be followed AMCs in case
of investments made in the name of a minor
181. Recently in May 2023, the Secu rities through a guardian.
and exchange Board of India tweaked the When opening a mutual fund account for a
rules about investment in mutual funds made minor, the minor should be the only account
in the name of a minor through a guardian holder. There can’t be any joint accounts.
and asked all Asset Management Companies The guardian opening the account should be
(AMCs) to make the necessary changes to the child’s natural parent or a court-appointed
facilitate such mutual fund transactions. legal guardian.
When will this new rule come into effect? To change the status of the account from
(a) June 15, 2023 minor to major, the adult must submit a minor
(b) May 25, 2023 attaining majority mutual fund request form
(c) June 1, 2023 (MAM form) and provide documents such as
(d) May 15, 2023 a permanent account number (PAN), KYC
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form, cancelled cheque, and signature following insurance company has lost its title
attestation. as the Air India airline's "lead insurer," with
the title now transferred to an insurance firm
182. Recently in May 2023, which of the within the conglomerate?
following state of America has passed a (a) Life Insurance Corporation of India
legislation seeking to explicitly ban caste (b) New India Assurance
discrimination? (c) United India Insurance Company
(a) California (d) Oriental Insurance Company Limited
(b) Texas (e) National Insurance Company Limited
(c) Florida Answer: B
(d) Georgia After the Tata Group's acquisition of Air India,
(e) Washington the public sector firm New India Assurance
Answer: A has lost its title as the airline's "lead insurer,"
The California Senate has overwhelmingly with the title now transferred to an insurance
passed a legislation seeking to explicitly ban firm within the conglomerate.
caste discrimination in a historic move that The public company had been the leading
would make America’s most populous state, insurer of Air India for decades, but Tata AIG
also the country’s first, to outlaw caste-based General Insurance firm has taken over during
bias. the latest renewal of Air India's cover for
State Senator Aisha Wahab, the first Muslim 2023-24, despite major hardening of the
and Afghan American elected to the state international reinsurance market.
legislature, introduced the Bill last month Although the insurance firm has changed, the
Passed by 34-1 vote, the bill – SB403, would airline's renewal premium remains the same
make California the first US State to add at USD 30 million, the same as last year.
caste as a protected category in its anti- AIG leads a consortium of both public and
discrimination laws. private domestic general insurers, including
Promoters of the bill, being led by non-profit the likes of General Insurance Corporate of
Equality Lab, said that a similar bill is being India, New India Assurance, United India
introduced in the State House of Assurance, National Insurance Company,
Representatives, before it can be sent to the Oriental Insurance Company, ICICI Lombard
Governor to be signed into a law. General Insurance and Tata AIG General
Insurance.
183. Recently(May 2023), which of the With the uptick in new aircraft inductions from
Page 186 of 424
the likes of Air India and IndiGo, the Indian meeting of a high-powered committee
aviation market, which currently constitutes comprising Prime Minister Narendra Modi,
about 700 commercial aircraft, will double Chief Justice of India DY Chandrachud and
from Rs 850 crore in 2021-22. Leader of Opposition in Lok Sabha Adhir
IndiGo, India's largest airline, with a fleet of Ranjan Chowdhury.
300 aircraft, is set to go for insurance renewal The officer, who was scheduled to retire in
in July. Whether the airline will receive a 2024, will now have a fixed two-year tenure.
favourable response remains to be seen, The IPS officer has also served as police
given the ongoing Russia-Ukraine war. New advisor to the government of Mauritius.
India Assurance also holds the title of "lead His initiatives to use technology to better
insurer" for IndiGo. traffic management and provide efficient
services to citizens has earned him awards
184. Recently(May 2023), who has been such as the National E-Governance Gold
appointed as the new director of Central Award for "Most innovative use of technology
Bureau of Investigation (CBI)? for traffic management" in 2011 and the
(a) K KRajendranatha Reddy Prince Michael International Road safety
(b) Praveen Sood Award in 2006.
(c) Vikash Shaay The Central Bureau of Investigation is the
(d) Ajay Kumar Singh premier investigating agency of India. It
(e) Rajnish Seth operates under the jurisdiction of the Ministry
Answer: B of Personnel, Public Grievances and
Karnataka DGP Praveen Sood was Pensions.
appointed as the new director of Central Founded: 1 April 1963, Headquarters: New
Bureau of Investigation (CBI). Delhi.
Sood is a 1986-batch IPS officer from the
Karnataka cadre. 185. When is the World Migratory Bird Day
He has been appointed to the CBI director's observed every year?
post for a period of two years from the date of (a) May 1st Monday
taking charge after Subodh Kumar Jaiswal (b) May 3rd Tuesday
completes his tenure on May 25. (c) May 1st Sunday
Sood is a 1986-batch IPS officer from the (d) May 2nd Saturday
Karnataka cadre. (e) May 1st Thursday
His name was cleared on Saturday in a Answer: D
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World Migratory Bird Day is commemorated anyone harm its sovereignty and integrity.
every year on the second Saturday in May On May 11, 1998, India successfully
(13th May) and the second Saturday in conducted three nuclear bomb test
October. explosions in Pokhran, Rajasthan. Two more
It is celebrated to draw attention to the bombs were tested on 13 May.
problems faced by migratory birds around the The code name of the 1998 Pokhran nuclear
world. test was Operation Shakti (li terally,
Habitat loss, climate change, poisoning and “strength”).
illegal killing are the main threats to migratory These tests were fully successful in terms of
birds. achieving their scientific objectives. It enabled
The day highlights the need for international India to build fission and thermonuclear
cooperation to conserve migratory birds and weapons with yields up to 200 kt (kilotons.)
their habitats. India conducted its first nuclear test in May
World Migratory Bird Day was celebrated for 1974. Pokhran-I’s code name was Operation
the first time in 2006. It is now celebrated in Smiling Buddha.
more than 100 countries. India’s nuclear programme was started by
Homi J Bhaba.
186. Recently(May 2023), India observed
25th anniversary of the 1998 Pokhran nuclear 187. Recently(May 2023), Samudra Shakti is
tests. What was the code name of the nuclear bilateral exercise between India and which of
test? the following country?
(a) Operation Aadhya (a) U.S
(b) Operation Ganga (b) Indonesia
(c) Operation Durga (c) Russia
(d) Operation Sivam (d) Israle
(e) Operation Shakti (e) Bangladesh
Answer: E Answer: B
On the 25th anniversary of the 1998 Pokhran Indian and Indonesian navies took part in the
nuclear tests, Defense Minister Rajnath Singh bilateral SAMUDRA SHAKTI-23 exercise.
addressed an event. INS Kavaratti is participating in the 4th edition
He said that through these tests India had of the India-Indonesia Bilateral exercise
sent a message to the world that although Samudra Shakti-23 from 14-19 May 2023.
India is a peace-loving nation, it would not let An Indian Navy Dornier Maritime Patrol
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aircraft and Chetak helicopter are also The election is the biggest victory for "any
participating in the exercise. party in Karnataka" since 1989 during
KRI Sultan Iskandar Muda, CN 235 Maritime Veerendra Patil's rule, when the Congress
Patrol Aircraft and AS565 Panther Helicopter won 178 seats with a vote share of 43.76
are representing the Indonesian side. percent.
It will enhance interoperability, jointness and BJP won 66 seats, JD(S) won 19 seats, while
cooperation between both the navies. four seats were won by others.
Cross-deck visits, professional Interactions, In 2018, the BJP had won 104 seats with a
Subject Matter Expert Exchanges, and sports vote share of 36.3%.
fixtures will be conducted in the Harbour State elections are administered by the
phase. Election Commission of India under the
Weapon firing, Helicopter Operations, Anti- Article 324.
submarine warfare & air defence exercises
and boarding operations will be conducted 189. Which of the following is the first Indian
during the second phase. city to track progress towards Su stainable
Development Goals (SDGs)?
188. Recently(May 2023), Congress has won (a) Jodhpur
the 2023 Karnataka Assembly elections with (b) Varanasi
the largest vote share and seats after 34 (c) Indore
years. What is the total assembly sea ts in (d) Surat
Karnataka Assembly? (e) Bhopal
(a) 234 Answer: E
(b) 224 Bhopal is the first Indian city to tra ck progress
(c) 216 towards Sustainable Development Goals
(d) 236 (SDGs).
(e) 228 Bhopal Municipal Corporation, UN-Habitat
Answer: B and over 23 local stakeholders collaborated
Congress has won the 2023 Karnataka for the purpose of voluntary local reviews to
Assembly elections with the largest vote track progress towards the 2030 Agenda.
share and seats after 34 years. The voluntary local reviews of Bhopal will
Congress won 135 seats out of a total 224 show its local government’s capacity and
Assembly seats and secured 42.88 per cent commitments.
vote share. Bhopal has become India’s 1st city to adopt
Page 189 of 424
the localisation of the United Nations- importance by the United Nations General
mandated Sustainable Development Goals Assembly in 1993.
(SDG). This day offers an opportunity to promote
On 12 May 2023, MP CM Shivraj Chouhan awareness of issues relating to families.
launched an Agenda for Action: Sustainable It also provides an opportunity to increase the
Urban Transformation in Bhopal. knowledge of the social, economic and
Bhopal’s voluntary local reviews (VLR) demographic processes affecting families.
incorporated quantitative and qualitative This year, the theme for International Day of
approaches to the review of SDGs. They Families is “Demographic Trends and
include qualitative mapping of 56 Families”.
developmental projects.
New York City became the first city to present 191. Recently(May 2023), which of the
its VLR to the UN’s high-level political forum following ministry ranked second among 66
(HLPF) in 2018. ministries in the Data Governance Quality
The UN member states report progress Index (DGQI)?
towards the SDGs through a voluntary (a) Ministry of Railways
national review (VNR) to UN’s high-level (b) Ministry of Ports, Shipping and Waterways
political forum (HLPF). (c) Ministry of Micro, Small and Medium
Local governments are increasingly engaging Entreprises
in VLRs, which do not directly have an official (d) Ministry of Commerce and Industry
basis in the 2030 Agenda. (e) Ministry of Education
Answer: B
190. When was the Interna tional Day of In the assessment for the December quarter
Families observed? (Q3) of FY23, the Ministry of Ports, Shipping
(a) 20th May and Waterways (MoPSW) has been ranked
(b) 15th May second among 66 ministries in the Data
(c) 12th May Governance Quality Index (DGQI).
(d) 11th May Shipping Ministry secured a score of 4.7 out
(e) 10th May of 5 in data governance.
Answer: B The assessment has been conducted by the
International Day of Families is observed Development Monitoring and Evaluation
every year on 15 May. Office (DMEO), NITI Aayog.
This day was declared a day of international The objective of the DGQI survey is to
Page 190 of 424
measure the maturity level of administrative Federation (ISSF) World Cup in Baku,
data systems and their use in decision Azerbaijan.
making of various ministries and departments The Indian pair registered a 16-14 win over
on the implementation of Central Sector Serbian veterans Damir Micek and Zorana
Schemes (CS) and Centrally Sponsored Arunovic in the final match.
Schemes (CSS). This was the second ISSF World Cup gold for
The DGQI assessment encompasses six Sarabjot, who won the individual air pistol in
pivotal themes: Data Generation, Data Bhopal in March 2023.
Quality, Use of Technology, Data Analysis, Divya has won the first senior medal at the
Use and Dissemination, Data Security and international level.
HR Capacity, and Case Studies. Nancy also won the silver medal in the
National Technology Centre for Ports, women's 10m air rifle event with a score of
Waterways, and Coasts, IIT Madras assisted 253.3.
in DGQI assessment. Rhythm Sangwan has won a bronze medal in
It will help policymakers in identifying trends, the women's 10m air pistol.
opportunities, and areas for improvement.
A data-driven approach enables policy 193. Recently(May 2023), who has been
makers to accurately identify trends, appointed as the chairperson of Competition
opportunities and areas for improvement. Commission of India (CCI)?
(a) Bhagwant Singh Bishnoi
192. Recently(May 2023), in which of the (b) P K Singh
following country was the Internation al (c) Dhanendra Kumar
Shooting Sport Federation (ISSF) World Cup (d) Ravneet Kaur
held? (e) Ashok Kumar Gupta
(a) Georgia Answer: D
(b) Azerbaijan Ravneet Kaur has been appointed by centre
(c) Kyrgyzstan as chairperson of CCI.
(d) Tajikistan The Appointments Committee of the Cabinet
(e) Moldova (ACC) has approved her appointment as the
Answer: B chairperson of CCI.
On 11 May, Indian pair won the gold medal in She will hold the office for five years from the
the 10m air pistol mixed team event at the date of assumption of the charge or till the
ongoing International Shooting Sport date of attaining the age of 65 years or until
Page 191 of 424
further orders, whichever is the earliest. conflict and cooling down of commodity
She is a Punjab cadre IAS officer. She has prices, especially petroleum prices.
been appointed nearly seven months after Government has revised the export numbers
the former full time chairman Ashok Kumar for 2022-23 for goods and services upwards
Gupta left office on October 20, 2022. to $776 billion. This is $100 billion more than
On 25 October 2022, Sangeeta Verma was the previous fiscal.
appointed by the centre as interim Goods exports for 2022-23 have increased
chairperson of Competition Commission of from $447.46 billion to $450 billion.
India. Services exports for 2022-23 have increased
Competition Commission of India (CCI) was from $320 billion to $325.44 billion.
formed on 14 October 2003 under the India’s top export items in April 2023 were
Competition Commission Act, 2002. engineering goods, petroleum products,
gems and jewellery, drugs and
194. What is the percentage fall in the India’s pharmaceuticals, and chemicals, while its top
goods exports in April 2023 according to the imports comprised petroleum, electronic
Commerce & Industry Ministry? goods, machinery, coal, and chemicals.
(a) 11.5%
(b) 12.7% 195. Recently in May 2023, India and the
(c) 10.6% EFTA statesdiscussedfor working towards a
(d) 13.5% comprehensive TEPA under the modalities of
(e) 14.3% engagement. Which of the following country
Answer: B is not included in the European Free Trade
India’s goods exports have fallen 12.7% in Association (EFTA)?
April 2023 to $34.66 billion according to the (a) Liechtenstein
Commerce & Industry Ministry. (b) Iceland
Imports during the month have fallen 14% to (c) Norway
$49.9 billion according to quick estimates (d) Switzerland
released by the government on 15 May 2023. (e) Belgium
Trade deficit have declined to $15.2 billion in Answer: E
April 2023 from $18.4 billion in April 2022. The modalities of engagement for working
The decline in exports and imports is due to towards a comprehensive TEPA discussed
recessionary trends in some developed by India and the EFTA states.
economies, effect of the Russia-Ukraine Commerce and Industry Minister Piyush
Page 192 of 424
Goyal has discussed the modalities for Trade First-ever direct international flight se rvice
and Economic Partnership Agreement from Bhubaneswar to Dubai has been
(TEPA) with representatives of EFTA states. started.
A free trade agreement between India and IndiGo’s direct flight service shows the
EFTA will enhance two-way commerce, growing importance of Bhubaneswar as a
investment flows, job creation and economic major destination.
growth. The inaugural flight, carrying a delegation of
A free trade agreement between EFTA and representatives from the Government of
India is officially called as TEPA. Odisha, civil society, and members of the
Under TEPA, trading partners eliminate or business & sports community and self-help
reduce customs duties on highest number of groups reached at Dubai International Airport.
goods traded between them. They also ease The travel to Dubai by the delegation
norms to promote trade in services and coincides with the upcoming Odisha Dibasa
investments. program.
European Free Trade Association (EFTA) is a The Odisha Dibasa program is scheduled to
four-nation bloc involving Iceland, be held on May 16 and 17.
Liechtenstein, Norway, and Switzerland. The launch of first international flight from
It was founded in January 1960. EFTA Bhubaneswar to Dubai reduces the flying
countries are not part of the European Union time from 12 to 4 hours.
(EU).
EFTA is an inter-governmental organisation 197. The Wholesale Price index(WPI)
created for the promotion of free trade. Its inflation in April 2023 has declined into
secretariat is in Geneva. negative to minus 0.92%. It is declined for the
first time since _________.
196. Recently(May 2023),where has the first- (a) May 2019
ever direct international flight service to Dubai (b) June 2020
been started? (c) July 2020
(a) Bhubaneswar (d) February 2020
(b) Vijayawada (e) March 2020
(c) Gurugram Answer: C
(d) Bhopal WPI inflation declined to minus 0.92% in April
(e) Mumbai 2023. It stood at 1.34% in March 2023 and
Answer: A 15.38% in April 2022.
Page 193 of 424
The WPI inflation has declined into nega tive National Medical Commission (NMC)
for the first time since July 2020. released a notification titled “Registration of
The decline in prices of basic metals, food Medical Practitioners and Licence to Practice
products, mineral oils, textiles, non-food Medicine Regulations, 2023”.
articles, chemical and chemical products, As per the notification, the passing of the
rubber and plastic products, and paper National Exit Test (NEXT) has become
products has mainly contributed to the mandatory for both Indian and foreign
decline in inflation in April 2023. medical graduates for registration with the
The Wholesale Price Index (WPI)-based National Medical Register.
inflation has been declining continuously for There will be a common national medical
the last 11 months. register for all the registered medical
The month-over-month change in WPI for practitioners of the country.
April 2023 over March 2023 remained It will contain all the entries of the registered
unchanged at 0.0%. medical practitioners of all State Registers,
Earlier, Consumer Price Index (CPI)-based which are maintained by the State Medical
retail inflation declined to 18-month low level Councils.
of 4.7% in April. The license to practice medicine will be
granted for five years.
198. According to the recent notification After five years, the medical practitioner will
released by the National Medical Commission have to renew the license through the State
(NMC) titled, “Registration of Medical Medical Council.
Practitioners and Licence to Practice The NMC has also laid down the process of
Medicine Regul ations 2023” to practice denial of the license, transfer of license,
medicine, license will be granted for how removal and restoration of registration, etc.
many years?
(a) 2 years 199. Which of the following edition of the
(b) 3 years India-EU Trade and Technology Council
(c) 5 years ministerial meeting held recently (May 2023)
(d) 4 years in Brussels, Belgium?
(e) 7 years (a) 5th
Answer: C (b) 1st
All medical practitioners will now be covered (c) 3rd
under a common National Medical Register. (d) 2nd
Page 194 of 424
(e) 4th the EU and India.

Answer: B Union Minister Piyush Goyal will attend the
On 16 May 2023, the first ministerial meeting stakeholder event for Working Group 1 and 2
of the India-EU Trade and Technology on 16 May.
Council will be held in Brussels, Belgium. Group 1 focuses on digital governance and
Union Minister of External Affairs (EAM), connectivity, whereas, Group 2 deals with
Union Minister of State for Electronics & clean and green energy technologies.
Information Technology (Meity) and Shri
Piyush Goyal, Minister of Commerce & 200. When was the National Dengue Day
Industry will be present as co-chairs. celebrated every year to spread awareness
It will be co-chaired by Executive Vice about dengue among people by the Ministry
President Mr. Dombrovskis and Ms. Vestager of Health and Family Welfare?
from the EU side. (a) 12th may
PM Modi and President of the European (b) 25th May
Commission Ms. Ursula von der Leyen had (c) 16th May
announced the formation of TTC in April 2022 (d) 10th May
in New Delhi. (e) 13th May
It has been formed with the aim of creating a Answer: C
high-level coordination platform to deal with Every year on 16 May, National Dengue Day
strategic challenges in alliances related to is celebrated.
trade, reliable technology and security. It is an initiative to spread awareness about
On 15 May 2023, Union Minister Shri Piyush dengue among people by the Ministry of
Goyal had a bilateral meeting with EVP Health and Family Welfare.
Dombrowskis, followed by Working Group-3 It encourages governments and people to take
stakeholder consultations in the presence of necessary precautions against dengue.
business leaders from both EU and India.
The WG3 meeting focused on trade,
technology and resilient supply chains and
was attended by six business leaders from
May 3 r d week Current A ffairs MCQ

1. Recently (May 2023), To boost the flow of capital markets regulator Securities and
capital to the issuers of debt securities, the Exchange Board of India (SEBI) recommended
Page 195 of 424
extending the definition of QIB for investing in or a State government and SEBI-regulated
such securities. What is the acronym of QIB? entities with a net worth of over ₹500 crores.
(a) Qualified Institutional Buyer This apart, educational institutions, including
(b) Qualified InducedBuyer universities or higher educational institutions, or
(c) Qualified Interested Buyer funds or endowments of universities or higher
(d) Qualified IntrudersBuyer educational institutions recognized by State
(e) Qualified InvestigativeBuyer governments or Central government and Urban
Answer: A local body, municipality or any statutory body or
Capital markets regulator Securities and board or corporation, authority, trust or agency
Exchange Board of India established, special purpose vehicle notified by
(SEBI) proposed expanding the definition of the Central Government or State government
qualified institutional buyer (QIB) for investing in would also be recognized.
debt securities in a bid to increase the supply of SEBI may also specify a minimum amount of
funds to the issuers of such securities. investible surplus and furnish the same to the
Key Highlights : stock exchange before commencing
SEBI has proposed to include 10 different investments as a QIB.
categories of entities including multi-State SEBI has been receiving representations that
cooperatives with ₹ 500 crore net worth, Non- the definition of the term ‘QIB’ be expanded to
Banking Financial Companies (NBFCs), increase the potential investor base for issuers
housing finance companies, pension funds, of debt securities and for further developing the
small finance banks, reinsurers, and refinancing debt markets.
agencies such as Micro Units Development & The proposed move
Refinance Agency (MUDRA) under the would increase the potential investor base for
definition of qualified institutional investors for issuers of debt securities and help in further
investment in debt securities and further developing the debt markets.
develop the debt market. QIBs are large, sophisticated, and informed
The other entities that would be recognized as investors who are considered suitable for
QIB in the debt market include regulatory making investments in the capital markets and
authorities, autonomous bodies, authorities, have expertise in evaluating investment
boards or Commissions or agencies, opportunities and managing risks.
authorities, organizations or entities established, About SEBI :
owned, or controlled by the Central Government
Page 196 of 424

Established: 12 April 1988 as an executive body The IPO, which is expected in FY24, will likely
and was given statutory powers on 30 January consist of a 10% stake sale by
1992 through the SEBI Act, 1992 the government and 15% fresh equity issuance
Headquarters: Mumbai, Maharashtra by the renewable energy project financier to
Chairman: Madhabi Puri Buch (the first woman fund its business growth.
to lead the SEBI) On March 17,2023, the Cabinet Committee on
SEBI is the regulatory body for securities and Economic Affairs (CCEA) approved the IREDA
commodity markets in India under the IPO.
ownership of the Ministry of Finance (MoF), As of date, IREDA has financed more
GoI. than 3,068 RE projects l oan accounts with
cumulative loan sanction and disbursement to
2. Recently (May 2023), The Indian Renewable the tune of Rs 1.42 trillion and Rs 0.9
Energy Development Agency (IREDA)'s initial trillion respectively, and has supported RE
public offering (IPO) will be managed by IDBI capacity addition of 19,502 MW in the country.
Capital, BOB Capital, and SBI Capital, The company’s net profit rose 50% on year
according to government appointments. Which to Rs 611 crore in the first nine months of FY23.
is the primary banker for the transaction ? About IREDA :
(a) BOB Capital Headquarters: New Delhi, Delhi
(b) IDBI Capital Chairman & Managing Director: Pradip Kumar
(c) HDFC Capital Das
(d) SBI Capital The IREDA is a Public Limited Government
(e) IDFC Capital Company and a Non-Banking Financial
Answer: B Institution formed for setting up projects relating
The government has appointed IDBI Capital, to new and renewable sources of energy and
BOB Capital , and SBI energy efficiency/conservation with the motto:
Capital to manage the initial public offer (IPO) of “ENERGY FOR EVER”.
the Indian Renewable Energy Development It is a Mini Ratna (C ategory – I) Government of
Agency (IREDA). India Enterprise to promote, develop, and
IDBI Capital is the lead banker for the extend financial assistance, and under the
transaction. administrative control of the Ministry of New and
Separately, Saraf and Partners have been Renewable Energy (MNRE).
appointed as the legal adviser for the IPO.
Page 197 of 424

3. As per the recent news in May 2023, In an A derivative is set between two or more
effort to increase derivative trading, the Bombay parties that can trade on an exchange or over
Stock Exchange (BSE), the oldest stock the counter (OTC).
exchange i n Asia, revived which of the following Derivatives are the type of financial
derivative contracts? contracts whose value is dependent on an
(a) Sensex underlying asset, group of assets, or
(b) Bankex benchmark.
(c) Both A & B Derivatives are usually leveraged instruments,
(d) Stockx which increases their potential risk and reward.
(e) Both A & C Usually, they are used to hedge against the risk
Answer: C of the assets in the equity markets.
The Bombay Stock Exchange (BSE), Asia’s About BSE :
oldest stock exchange, relaunched Founded: 9 July 1875
Sensex and Bankex derivative contracts in its Headquarters: Mumbai, Maharashtra, India
bid to boost derivative trading. Managing Director and CEO: Sundararaman
The relaunch of derivative contracts comes with Ramamurthy
a reduced lot size of futures and options and a
new expiry cycle of Friday from Thursday 4. In May 2023, Arjun Ram Meghwal will
earlier. replace Kiren Rijiju as the law minister. The
Key Highlights : Union Government transferred Rijiju from the
Sensex is a well-known benchmark and Ministry of Law and Justice to which Ministry?
a barometer of India’s economy. (a) Ministry of Culture
The lot size of futures and options has been (b) Ministry of Home Affairs
reduced to 10 from 15 for Sensex, and to 15 (c) Ministry of Earth Sciences
from 20 in the case of Bankex. (d) Ministry of Health & Family Welfare
In 2000, BSE launched Sensex-30 (e) Ministry of External Affairs
derivatives (options and futures) for the first Answer: C
time. The Union Government transferred Kiren Rijiju
The Sensex-30 derivatives are made up of 30 of from the Ministry of Law and Justice to the
the largest and most liquid stocks listed on BSE. Ministry of Earth Sciences.
What are Derivatives? Arjun Ram Meghwal will replace Rijiju as the
law minister.
Page 198 of 424

Arjun Ram Meghwal, Minister of State has Answer: D

been assigned the independent charge as The Government has amended rules under the
Minister of State in the Ministry of Law and Foreign Exchange Management Act to bring in
Justice in addition to his existing portfolios, in international credit card spend ing outside
place of Kiren Rijiju. India under the Liberalised Remittance
Rijiju was appointed as the law minister in July Scheme (LRS).
2021, following the resignation of Ravi Shankar As a result, the spending by international credit
Prasad due to a cabinet reshuffle. cards will also attract a higher rate of Tax
Arjun Ram Meghwal is the Minister of State for Collected at Source at 20 percent effective July
Parliamentary Affairs as well as the Minister of 1.
State for Culture. Liberalized Remittance Scheme (LRS) was
brought out by the RBI in 2004.
5. Recently in May 2023, For the Liberalised It allows resident individuals to remit a certain
Remittance Scheme (LRS), the Government amount of money during a financial year to
changed the FEMA Act's restrictions to include another country for investment and expenditure.
foreign credit card transactions outside of India. According to the prevailing regulations, resident
According to this news which of the following individuals may remit up to $250,000 per
statements wrongly describes it? financial year.
A. The transfer of foreign currency outside India Resident Indians or people resident in India are
is governed by the Foreign Exchange allowed to transfer foreign currency under
Management Act, of 1999 (FEMA). foreign exchange regulations.
B.Liberalized Remittance Scheme (LRS) was The transfer of foreign currency outside India is
brought out by the RBI in 2004. governed by the Foreign Exchange
C.As a result of the amendment of the FEMA Management Act, of 1999 (FEMA).
Act, the spending by international credit cards LRS restricts buying and selling of foreign
will also attract, a TCS (Tax Collected at exchange abroad, purchase of lottery tickets or
Source) of 20 percent will be applicable from sweep stakes, proscribed magazines, and so
July 1, 2023. on, or any items that are restricted under
(a) Only A Schedule II of Foreign Exchange Management
(b) Only B (Current Account Transactions) Rules, 2000.
(c) Only C The usage of an international credit card to
(d) All are true make payments towards meeting expenses
(e) All are false
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during a trip abroad was not covered under the (d) Six
LRS. (e) Seven
These spendings were excluded by way of Rule Answer: E
7 of the Foreign Exchange Management India will host the prestigious 2 -day Asia
(Current Account Transaction) Rules, 2000. Petrochemical Industry Conference
Rule 7 has now been omitted, paving the way (APIC), which will bring together global leaders
for the inclusion of such spending under LRS. from the petrochemical sector to debate key
Not only foreign tour packages but 20 percent issues related to growth, trade, investment, and
TCS rule also applies to credit cards on sustainability
international transactions. The development assumes importance as India
This means even direct booking would come aspires to be a 5-trillion economy by
under the ambit of 20 percent TCS. FY25 further emphasising the key role of
It will not apply to the payments for the petrochemicals and its derivatives.
purchase of foreign goods/services from India. The Chemicals and Petrochemicals
The Budget had stated that on foreign outward Manufacturers’ Association (CPMA) of India is
remittance under LRS, other than for education hosting the 41st edition of APIC 2023 in the
and medical purposes, a TCS of 20 percent will national capital .
be applicable from July 1, 2023. It is hosted on a rotational basis by the seven-
Before this proposal, the TCS of 5 percent was member countries–Japan, Korea, Malaysia,
applicable on foreign outward remittances Singapore, Thailand, Taiwan , and India.
above Rs 7 lakh and 5 percent without any The main objective of the conference is to spur
threshold for overseas tour packages. discussion and cooperation on the issues of the
day being faced by the industry related to
6. The 41st edition of the Asia Petrochemical growth, trade, investment, and sustainability, in
Industry Conference (APIC), was hosted Asia-Pacific and also around the world.
recently (May 2023) by The Chemicals and
Petrochemicals Manufacturers’ Association 7. As per May 2023 news, In the cooperative
(CPMA) of India in the national capital. How sector, the government decided to form 1,100
many member countries hosted this conference new Farmer Producer Organizations (FPOs).
on a rotational basis? How much financial assistance is provided to
(a) Nine each FPO under the FPO Scheme?
(b) Five (a) Rs. 38 lakh
(c) Ten (b) Rs. 28 lakh
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(c) Rs. 18 lakh the Cannes Film Festival was held recently
(d) Rs. 33 lakh (May 2023)?
(e) Rs. 20 lakh (a) 86th
Answer: D (b) 56th
The government has decided to form 1,100 new (c) 36th
Farmer Producer Organizations (FPOs) in the (d) 76th
cooperative sector. (e) 26th
The government has allocated these additional Answer: D
1100 FPOs to National C ooperative The 76th Cannes Film Festival
Development Corporation (NCDC) under the started in France.
FPOs Scheme. The festival officially started with the world
Under the FPO Scheme, each FPO gets premiere of the Johnny Depp starring film
financial assistance of 33 lakh rupees. Jeanne Du Barry.
Further, the Cluster-Based Business Minister of State for Information and
Organizations are provided the financial Broadcasting Dr. L
assistance of 25 lakh rupees per FPO. Murugan is leading the Indian delegation at
The Ministry of Cooperation said Primary the 12-day event.
Agricultural Credit Societies can now engage in Filmmaker Guneet Monga of The Elephant
other economic activities including high-income Whisperers fame, Indian actresses Manushi
generating activities such as bee-keeping and Chillar, and Esha Gupta, and Manipuri actor
mushroom cultivation. KangabamTomba are accompanying him.
Primary Agricultural Credit Societies are Information and Broadcasting Minister Anurag
primarily involved in short-term credit and Thakur addressed the inaugural session
distribution of seeds and fertilizers. through a video message.
About NCDC: Key Highlights :
National Cooperative Development Corporation India’s Cannes pavilion this year will be based
(NCDC) is a statutory corporation. on the Saraswati Yantra, an abstract
It was set up in March 1963. representation of Goddess Saraswati, drawn
Pankaj Kumar Bansal is its managing director. from the ancient text of ‘Maha Upanishad’.
The pavilion has been designed by the National
8. With the international premiere of the Johnny Institute of Design, Ahmedabad, with the theme
Depp-starring movie Jeanne Du Barry, the “Showcasing India’s Creative Economy” to the
festival got underway in France, which edition of global community.
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The film festival will be held from May 16 to May School of Business (ISB) on governance and
27, 2023. technology at Mohali, Punjab.
4 Indian films have made it to the official Key Highlights :
selection at Cannes Film Festival – which From July 2023, the HP government will start
includes Kanu Behl’s Agra and Anurag the ‘Him Parivar’ project which will give
Kashyap’s Kennedy. a special digital identity to the people of HP.
About Cannes Film Festival : Information about essential facilities like ration
Cannes Film Festival is an annual film festival . cards, family registers, electricity, drinking
It is held in Cannes, France. water, etc. would be available with a single click
It is one of the “Big Three” major European film through ‘Him Parivar’.
festivals. The Him Pulse’ , an advanced data analytics
It reviews new films of all genres, including application, would be used to the capacity of
documentaries from all over the world. ‘Him Parivar’ by improving the delivery of
benefits to the targeted population.
9. Name the data portal launched on May 2023 The ‘Him Pulse’ was designed to enhance
by the Himachal Pradesh Chief Minister, to governance, help with last-mile delivery, and
improve the delivery of welfare schemes by assess the trends of inclusion and exclusion of
integrating real-time and accurate data of all welfare beneficiaries.
government bodies. The data portal will bring valuable data from
(a) HimCHALA multiple domains together and help in
(b) Him visualizing patterns, gaps, opportunities, and
(c) HimChal connections cohesively.
(d) Hima Besides, it will assist in giving operators insights
(e) Hi-Chal into critical parts of a transaction, the smart
Answer: B recovery process, and connected system
Himachal Pradesh (HP) Chief Minister outages.
(CM) Shri Sukhvinder Singh Sukhu The HP government and the Indian School of
launched the ‘Him’ data portal, a common digital Business (ISB) will work together in the fields of
platform to improve the delivery of welfare education, information technology, forests and
schemes by integrating real-time and accurate About HP :
data of all government bodies. Governor : Shiv Pratap Shukla
He was addressing a conference organized by Chief Minister :Sukhvinder Singh Sukhu
the Bharti Institute of Public Policy of the Indian
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Capital: Shimla (Summer), Dharamshala The scheme covers short-term crop loans as
(Winter) well as loans that have been converted
Wildlife Sanctuary: Daranghati Sanctuary, into medium-term loans due to natural
Kanwar Sanctuary,Rupi Bhawa Sanctuary calamities.
Chouhan assured farmers that the MP
10. Choose the name of the CM Farm Loan government would pay the interest amount for
Interest Waiver scheme launched by Madhya each defaulter farmer, allowing them to
Pradesh Chief Minister, Shri Shivraj Singh become eligible for the crop loan scheme
Chouhan in May 2023. with 0% interest.
(a) Mukhyamantri Krishan BalMaafi Yojana- A total of ₹2,123 crores in outstanding amounts
2023 will be waived off, benefiting approximately
(b) MukhyamantriKrishakByaajMaafi Yojana- 11,19,000 farmers.
2023 About MP :
(c) MukhyamantriKishanLoanWaive Yojana- Governor: Mangubhai C. Patel
2023 Chief Minister: Shivraj Singh Chouhan
(d) Pradhan Mantri Kisan Samman Nidhi Capital: Bhopal
Yojana-2023 National Park: Satpura National Park, Kanha
(e) Pradhan Mantri Farm Samman Nidhi National Park,Bandhavgarh National Park
Yojana-2023 Wildlife Sanctuary: Nauradehi Wildlife
Answer: B Sanctuary, Bori Wildlife Sanctuary
Madhya Pradesh (MP) Chief Minister (CM), Shri
Shivraj Singh Chouhan, has launched a CM 11. The newest mobile trading platform from
Farm Loan Interest Waiver Scheme Geojit Financial Services, called FLIP, was
namely MukhyamantriKrishakByaaj Maafi releasedon May 2023. What is the name of the
Yojana-2023 (Chief Minister Farmer Loan existing platform that will take the place of
Waiver Scheme). FLIP?
Key Highlights : (a) SELFIE
Under the scheme, the MP government will (b) COMFY
compensate defaulter farmers who have (c) SELFY
outstanding loans, including the principal and (d) SPOTI
interest, of up to ₹2 lakhs as of March 31, 2023, (e) POINTY
from Primary Agricultural Credit Cooperative Answer: A
Societies (PACS).
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Geojit Financial Services has launched its latest The National Stock Exchange will launch two
mobile trading platform, FLIP, which will replace new cash-settled energy futures contracts on
the existing platform SELFIE. WTI Crude Oil and Natural Gas.
The new platform will provide investors and With the new launch, the country’s largest
traders with a comprehensive and flexible exchange intends to enhance the product
trading experience, backed by a range of offering and draw liquidity from MCX , which
advanced features. already provides trades in similar contracts on
FLIP users will benefit from additional features its platform.
set to be introduced over the next three In a bid woo investors, NSE has waived off
months, including Split Order for Options, Roll transaction charges in both these contracts till
Over for Futures, and Conditional Orders, October-end.
Trading from Charts, Events Calendar, Market Initially, six monthly expiry contracts of WTI
Overview, and Applying for IPO. Crude and three of natural gas will be available
Clients can download FLIP, and all existing for trading.
SELFIE users can upgrade to FLIP from Apple The exchange targets investment in the new
AppStore and Google Play Store. commodity contracts from large foreign portfolio
About Geojit Financial Services investors and high-net-worth investors who are
Geojit Financial Services Ltd. is an investment already trading in the NSE equity derivatives
services company in India segment.
Headquartered in Kochi, Kerala. All FPI categories (I and II), including
individuals, family offices, and corporate FPIs,
12. Two new cash-settled energy futures are permitted to trade in the commodity
contracts on WTI Crude Oil and Natural Gas will segment.
be introduced on May 2023 by the National Direct Market Access and algo trading facility
Stock Exchange. Where is the headquarters of will also be available for FPIs.
the National Stock Exchange located? Earlier, NSE had signed a data licensing
(a) Bangalore agreement with CME Group allowing NSE to
(b) Kolkata list, trade, and settle rupee -denominated
(c) Jaipur NYMEX WTI Crude Oil and Natural Gas
(d) Lucknow derivatives contracts on its platform.
(e) Mumbai The NSE WTI Crude Oil and Natural Gas
Answer: E contracts will be settled based on the NYMEX
front-month contract’s settlement price.
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Crude Oil Derivatives (Brent and WTI) are the The customers must provide their KYC
highest-traded products in the commodities information to the HDFC bank agent at the IKEA
market space. stores for financing options.
NSB: This is a long-term initiative for IKEA to
National Stock Exchange of India Limited (NSE) strengthen its affordability agenda.
is one of the leading stock exchanges in India, The new consumer financing option will be
based in Mumbai. NSE is under the ownership available at all IKEA stores in India starting from
of various financial institutions such as banks May 6, 2023, and will soon be accessible online
and insurance companies. as well.
13. Recently (May 2023), Which bank and IKEA 14. As per the news in May 2023, An
India have teamed up to introduce a consumer agreement was signed by the Centre for Digital
finance program with EMI options ranging from Innovation & Transformation (CDiT) at the
3 to 30 months and a mix of no -cost (0%) and Indian Institute of Management Kozhikode
low-cost (up to 10%) financing solutions? (IIMK)& which state Police Cyberdome Project
(a) Axis Bank to strengthen cyber security measures in
(b) Yes Bank modern policing?
(c) HDFC Bank (a) Kerala
(d) IndusInd Bank (b) Maharashtra
(e) ICICI Bank (c) Karnataka
Answer: C (d) New Delhi
IKEA India has partnered with HDFC to launch (e) Telangana
a consumer financing scheme offering EMI Answer: A
options ranging from 3 to 30 months, with a mix The Centre for Digital Innovation &
of no-cost (0 percent) and low -cost (up to 10 Transformation (CDiT) at the Indian Institute of
percent). Management Kozhikode (IIMK) and the Kerala
With an EMI-based financing option, the Police Cyberdome Project, inked an MoU to
company would be able to help customers augment cyber security measures in new -age
purchase furniture and home decor products in policing.
installments without facing any financial The MoU was signed between Lt. Col M Julius
challenges. George, Chief Administrative Officer, IIMK
and P Prakash, Inspector General of Police &
Nodal Officer Kerala Police Cyberdome.
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Kerala Police Cyberdome Project is a PPP respective jurisdictions through experience

initiative of Kerala Police to work in the areas of sharing and technical cooperation.
cyber security, information security, cyber Section 18 of the Competition Act, 2002 permits
forensics, data analytics and other areas where CCI to enter into any memorandum or
Information Technology can be leveraged for arrangement with any agency of any foreign
new-age policing. country to discharge its duties or perform its
functions under the Act.
15. The Union Cabinet gave its approval for the About CCI:
Competition Commission of India (CCI) and the Founded: 14 October 2003
Egyptian Competition Authority (ECA) to sign a Headquarters: New Delhi
memorandum of understanding in May 2023. Chairperson: Ashok Kumar Gupta
Where is the headquarters of CCI located in
India? 16. The selection of Anil Kumar Jain as the next
(a) Gujarat head of the organization responsible for
(b) Maharashtra regulating the oil and gas industry, the
(c) Karnataka Petroleum & Natural Gas Regulatory Board
(d) New Delhi (PNGRB), was accepted recently (May 2023) by
(e) Telangana the Cabinet's Appointments Co mmittee. After
Answer: D whose retirement on December 4, 2020, the
The Union Cabinet approved the signing of a chairman position of PNGRB has been vacant?
memorandum of understanding between the (a) Dinesh Kumar Sarraf
Competition Commission of India (CCI) and the (b) Darnesh Shiv
Egyptian Competi tion Authority (ECA). (c) Kapil Kannan
The MoU envisages the promotion and (d) Khadar Neecha
strengthening of cooperation in competition law (e) Jagadesh Kumar Jha
and policy through the exchange of information, Answer: A
andsharing of best practices as well as through The Appointments Committee of the Cabinet
various capacity-building initiatives. (ACC) has approved the appointment of Anil
The MoU also aims to develop and strengthen Kumar Jain as the new chairman of the oil and
linkages between CCI and ECA and learn and gas sector regulatory body, the Petroleum &
emulate each other’s experiences in the Natural Gas Regulatory Board (PNGRB).
enforcement of competition law in their He has been appointed for 5 years from the
date of assumption of charge of the post or till
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attaining the age of 65 years, or until further

orders. 17. Recently (May 2023), Following regulatory
The chairman position of PNGRB has been approval from the Insurance Regulatory and
lying vacant since Dinesh Kumar Sarraf retired Development Authority of India, who was
on December 4, 2020. named as the new Managing Director and Chief
About Anil Kumar Jain : Executive Officer of Raheja QBE General
Anil Kumar Jain is a Bihar-born, 1986- Insurance Company Limited?
batch Indian Administrative Service (IAS) (a) Rajeev Dogra
officer from the Madhya Pradesh cadre. (b) Rathina Kumar
He became Adviser (Energy) at the (c) Rajeev Sankar
government’s think tank NITI Aayog in 2012, (d) Ranga Rajan
where he was promoted to Additional (e) Ranveer Gupta
Secretary for the Energy vertical. Answer: A
He was an additional secretary at Raheja QBE General Insurance Company
the environment ministry from 2017 to 2019. Limited has appointed Rajeev Dogra as the
He was appointed Coal Secretary in September new Managing Director & Chief Executive
2019, a position from which he retired on Officer following regulatory approval from the
October 31, 2022. Insurance Regulatory and Development
He has authored two books titled Natural Gas in Authority of India.
India: Policy and Liberalisation’ (2012) & Natural He succeeded Pankaj Arora.
Gas in India Challenges & Opportunities (2022). About Raheja QBE General Insurance
About PNGRB : Company Limited :
Headquarters: New Delhi, Delhi, India Headquarters: Mumbai, Maharashtra
PNGRB is a statutory body in India, constituted Raheja QBE is a joint venture (JV)
under the act of Parliament of India, namely the between Rajan Raheja Group and QBE
Petroleum and Natural Gas Regulatory Board Insurance, an Australia-based global insurer.
Act, 2006.
PNGRB is the first regulatory body set up by the 18. Recently (May 2023), Bhavesh Gupta was
Government of India (GoI). named the company's president and chief
Its primary functions include regulation of operating officer (COO) by One 97
refining, transportation, distribution, storage, Communications Ltd, the entity that controls
marketing, supply and sale of petroleum Paytm. He will be reporting to the MD and CEO
products and natural gas. of Paytm. Who is the MD & CEO of Paytm?
Page 207 of 424
(a) Nagavara Ramarao SME (Small & Medium Enterprises) & Business
(b) Vijay Shekhar Sharma Banking at IDFC Bank and was also associated
(c) Narayana Murthy with ICICI Bank in various roles.
(d) Sri Ranjan Gupta About Paytm :
(e) Kailash Kumar Founded: August 2010
Answer: B Headquarters: Noida, Uttar Pradesh, India
One 97 Communications Ltd, which CEO: Vijay Shekhar Sharma
owns Paytm, has appointed Bhavesh Gupta, Paytm is an Indian multinational financial
as President and Chief Operating Officer technology company, that specializes in digital
(COO) of the company. payments and financial services.
In his new role, Gupta will be responsible to
lead verticals of lending, insurance, payments – 19. 'Just Aspire' is a new book written by Ajai
online and offline, and consumer payments and Chowdhry, who is also an entrepreneur,
drive key initiatives including user growth, sportsman, and salesman. He is also one of the
operations risk, fraud risk and compliance. Co-founders of which software industry?
He will be reporting to Vijay Shekhar Sharma, (a) TCS
Managing Director (MD) and Chief Executive (b) IBM
Officer (CEO) of Paytm. (c) HCL
In April 2023, Paytm’s parent company, One 97 (d) Accenture
Communications Limited, approved the (e) Wipro
appointment of SR Batliboi and Associates LLP Answer: C
(SRB), commonly known as Ernst and Young Ajai Chowdhry one of the co-founders of HCL
(EY), as its new statutory auditor for also an Entrepreneur, sportsman, and
a tenure of 5 years. salesman authored a new book titled ‘Just
SRB will replace PricewaterhouseCoopers Aspire’ ‘Just Aspire’ which is a motivational
(PwC) as the latter’s 5-year term will expire this book that focuses on the importance of having a
year. positive mindset, setting goals, and taking
About Bhavesh Gupta : action to achieve them.
In 2020, he was appointed as Publisher: Harper Business
the CEO of Paytm’s lending business. This book talks about the journey of a small-
Before joining Paytm in 2020, Gupta held town boy (Ajai) who turned into a CEO of a
multiple leadership roles including CEO of Clix global company.
Capital (formerly known as GE Capital), Head of
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This easy-to-comprehend book is divided into The function of the World Metrological
three personas – “Aspire,” “Achieve,” and Organization is important to people’s health and
“Inspire.” safety.
20. World Metrology Day is celebrated on May 21. Recently (May 2023),how much percentage
20, 2023. When was the first World Metrology ofreturn on in-store purchases through a
Day held? partnership with National Payments Corporation
(a) 1981 of India, JCB International Co. will provide
(b) 2000 RuPay JCB cardholders in the United Arab
(c) 1961 Emirates (UAE), Thailand, Malaysia and Spain?
(d) 1971 (a) 40%
(e) 1991 (b) 45%
Answer: C (c) 35%
World Metrology Day is celebrated on May (d) 30%
20 annually. (e) 50%
This day is observed to raise the importance of Answer: A
Metrology. Japanese international payment brand, JCB
Metrology Day is prompted by the International Co will partner with National
Measurements Standards Laboratory(MSL). Payments Corporation of India (NPCI) to offer
The theme for World Metrology Day 2023 is RuPay JCB cardholders 40% cashback on in -
Measurements supporting the global food store purchases in the United Arab Emirates
system. (UAE), Thailand, Malaysia and Spain.
The first World Metrology Day was held in 1961. In-store purchases are in-person point-of-sale
The World Metrological Organization came into (PoS) transactions at a merchant location.
force in 1950. RuPay and JCB have announced the third
World Metrology Day commemorates the phase of a limited-time cashback campaign for
renowned meter convention in Paris, France in all RuPay JCB debit and credit cardholders.
the year 1875. The offer will be valid from May 15 to August
After the convention, the Bureau International 15, 2023.
des Poids et Mesures(BIPM) and the The maximum cashback amount per transaction
International Organization of Legal during the promotion period is Rs 3,000 and the
Metrology(OIML) were established to ensure total cashback is capped at Rs 15,000 per card.
the importance of metrology. About JCB Co., Ltd. :
Page 209 of 424
Headquarters: Minato, Tokyo, Japan The Paytm SBI Card comes with 3% cashback
Chairman & CEO: Ichiro Hamakawa on travel, and movie purchases through the
Paytm ecosystem.
22. In May 2023, to further increase credit Cardholders of either variant will be entitled to
inclusion in India, which payments and financial 2% cashback on all our ecosystem spends and
services business teamed up with SBI Card and 1% cashback on all other purchases except
the National Payments Corporation of India to wallet reloads and fuel expenditures.
create the Next-Generation Co-Branded RuPay They will also receive the added benefit of a 1%
Credit Card known as the Paytm SBI Card on fuel surcharge waiver and ₹1,00,000 cyber
the RuPay network? fraud insurance coverage in the case of
(a) Paytm ‘Platinum’ cardholders.
(b) GooglePay In 2023 the Reserve Bank of India (RBI)
(c) PhonePe allowed users to link RuPay credit cards to the
(d) AmazonPay United Payments Interface (UPI).
(e) Whatsapp Pay NPCI stated that it has enabled key aggregators
Answer: A like Paytm, Google Pay, BharatPe, and PayUto
Payments and financial services company help merchants make transactions through
Paytm has partnered with SBI Card & National RuPay credit cards on UPI in India.
Payments Corporation of India (NPCI) to launch About Paytm :
Next-Generation Co-branded RuPay Credi t Founded: August 2010
Card named Paytm SBI Card on the RuPay Headquarters: Noida, Uttar Pradesh, India
network to further boost credit inclusion in India. CEO: Vijay Shekhar Sharma
The Paytm and SBI Card partnership, which About SBI Card :
began in 2020, is now expanding with the Founded: October 1998
addition of NPCI’s RuPay, as all three home- Headquarters: Gurugram, Haryana
grown brands join forces to further drive the MD &CEO : Rama Mohan Rao Amara
growth of inclusive, digital-first financial services About NPCI :
in India. Founded: 2008
Key Highlights : Headquarters: Mumbai, Maharashtra
The co-branded credit cards are set to delight MD &CEO : Dilip Asbe
consumers with exclusive Paytm First
membership worth ₹750, which comes along 23. Which bank collaborated recently (May
with numerous exciting offerings. 2023) with Godrej Agrovet Ltd (GAVL) to give
Page 210 of 424
oil palm farmers a first-of-its-kind financing expand cultivation by an additional one lakh
option? hectares by 2027.
(a) Indian Bank About Godrej Agrovet Limited :
(b) Canara Bank Headquarters: Mumbai, Maharashtra, India
(c) Punjab National Bank Chairman:Nadir Godrej
(d) State Bank of India Managing Director: Balram Yadav
(e) Union Bank of India Godrej Agrovet Limited is an Indian company
Answer: D that operates in the animal feedand
Godrej Agrovet Ltd (GAVL) has partnered with agribusiness sectors.
the State Bank of India (SBI) to introduce a first- About SBI :
of-its-kind finance offering for oil palm farmers. Founded: 1 July 1955
This collaborative product will provide loans to Headquarters: Mumbai, Maharashtra, India
farmers for various purposes such as setting up Chairman: Dinesh Kumar Khara
micro irrigation systems, establishing protective
fencing against cattle grazing , and improving 24. The Insurance Regulatory and Development
tube wells on their oil palm farms. Authority (IRDAI), the regulating body, has
Key Highlights : loosened the rules governing "______," an
It was introduced to aid oil palm growth by insurance product that shields parties to a
improving Fresh Fruit Bunches (FFB) transaction or contract from potential financial
productivity; it will act as a catalyst to maintain losses caused by a breach of the terms of the
juvenile gardens during the gestation period of agreement or other sorts of non -performance.
the first 5 years. (a) Zero-coupon bond
The financial offering was launched initially for (b) Deferred coupon bond
the oil palm farmers of Telangana, GAVL’s (c) Surety bonds
farmers from other states such as Tamil Nadu (d) Income bonds
(TN), Odisha, Assam, Manipurand Tripura can (e) Convertible bonds
now easily avail of loans with a ticketsize of ₹1 Answer: C
lakh to ₹50 crore. The Regulator Insurance Regulatory and
Godrej Agrovet collaborates directly with Development Authority (IRDAI) has relaxed
farmers throughout the entire lifecycle of their norms for 'surety bonds, a type of insurance
crops. policy protecting parties involved in a
With 65,000 hectares of palm oil currently transaction or contract from potential financial
cultivated nationwide, the company aims to
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losses due to a breach of contract or other Government of India (GoI) and is tasked with
types of non-performance. regulating and licensing the insurance and
Aim : reinsurance industries in India.
To expand the surety insurance market by
increasing the availability of such products. 25. Recently (May 2023), the SEBI published a
What is a Surety Bond? consultation paper on infrastructure investment
It is a three-party contract by which one party trusts and real estate investment trusts that
(the surety) guarantees the performance or examines the roles of sponsors, suggests the
obligations of a second party (the principal) to a idea of self-sponsored trusts, and envisions
third party (the obligee). granting specific rights to unitholders.The
There are two broad categories of surety bonds: threshold for a unit-holder to nominate a
Contract surety bonds and Commercial (also member to the board is ____.
called miscellaneous) surety bonds. (a) 10%
Key Highlights : (b) 15%
As per a circular issued by the IRDAI, the (c) 20%
solvency requirement applicable for such (d) 25%
products has now been reduced to control the (e) 30%
level of 1.5 times from 1.875 times previously Answer: A
prescribed. The Capital Market Regulator Securities and
Further, the prevailing 30% exposure l imit Exchange Board of India (SEBI) has released a
applicable on each contract underwritten by an consultation paper on real estate investment
insurer, has also been removed. trusts (REITs) and infrastructure investment
The IRDAI issued 'IRDAI (Surety Insurance trusts (InvITs) that envisages giving special
Contracts) Guidelines' in January 2022. rights to unit-holders, looks at the roles of
The amendments have been made based on sponsors and also proposes the concept of self-
the evaluation of various representations sponsored trusts.
received. Key Highlights :
About IRDAI : Regarding unit-holder rights, there was a
Established: 1999 demand from industry players that unit-holders
Headquarters: Hyderabad, Telangana have the right to nominate directors on the
Chairperson: Debasish Panda boards of investment managers of REITs and
The IRDAI is a statutory body under the InvITs.
jurisdiction of the Ministry of Finance (MoF), There are two options for this.
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In one option, nomination rights will be given to in the preceding 5 years, and meets the
unit-holders with a certain percentage of units prescribed net worth criteria, among others.
and above, on the board of the investment About SEBI :
manager. Established: 12 April 1988 as an executive body
Under the second option, there would be a and was given statutory powers on 30 January
‘Unit-holders’ Council’ with nominees of unit- 1992 through the SEBI Act, 1992
holders of REIT and InvIT holding a certain Headquarters: Mumbai, Maharashtra
percentage of units and above. Chairman: Madhabi Puri Buch (the first woman
The threshold for a unit-holder to nominate a to lead the SEBI)
member to the board is 10%. SEBI is the regulatory body for securities and
It has been proposed that there would be at commodity markets in India under the
least three members on the unit-holders council. ownership of the Ministry of Finance (MoF),
For example, a nominee of a 20% unit-holder GoI.
would have 2 votes and the nominee of a 30%
unit-holder would have 3 votes, and so on. 26. By when will the country's primary
Alternatively, the unit-holders holding 10% or healthcare facilitiestest and register 75 million
more of the units can appoint one member on patients who have been diagnosed with
the Unit-holders’ Council per 10% held. diabetes and/or hypertension for standard care
On the role of sponsors, the paper has as per recent (May 2023) news?
proposed a maximum cap on locked-in units in (a) 2027
value terms at all times. (b) 2029
The proposal is that for up to three years, 15% (c) 2025
of the capital will be locked in; for 3-5 years, 5% (d) 2030
will be locked-in, 3% for 5-10 years, 2% for 10- (e) 2032
20 years, and 1% for over 20 years. Answer: C
The paper has also mooted the provision for a The Union Health Ministry will screen and list 75
self-sponsored REIT or InvIT, capable of million people, diagnosed with hypertension and
standing on its own. diabetes on standard care by 2025 through
The eligibility criteria for a self-sponsored trust primary healthcare centers in the country.
would be that it has to be listed for at least 5 The treatment that is accepted by medical
years, should have made 12 distributions experts for a certain type of disease and that is
continuously, has a top credit rating for 5 years, widely used by healthcare professionals is
has not breached maximum leverage thresholds called standard care.
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According to Dr. VK Paul, Member (Health), About the project :

NITI Aayog, this will be the largest expansion of The proposed 2,000-km-long energy corridor
non-communicable diseases (NCDs) in primary connecting the Middle East and India, a $5
health care programs with a “community-based billion project, can lead to an annual saving of
approach”. about 7,000 croresin comparison with a similar
The Outcome Budget document of Union quantity of liquefied natural gas (LNG) imports.
Budget 2023-2024 has for the first time The undersea transnational gas pipeline project
introduced hypertension and diabetes treatment Middle East-India Deepwater Pipeline (MEIDP)
as output indicators reflecting reflects the was initially conceived between Iran and India
government’s commitment to scale-up (Porbandar) about a decade ago but failed to
hypertension and diabetes coverage services. take off due to Western sanctions.
In addition Besides the 75-25 initiative, the There have been new large gas discoveries in
Shashakt Portal was launched to train 40,000 Oman, UAE and Saudi Arabia and the Middle
primary healthcare medical officers on Standard East plans to spend over $120 billion to
Treatment Workflow for NCDs. increase gas output by 14 billion cubic feet per
day (bcfd) by 2030.
27. By when, the Middle East expects to invest The route being looked at is via Oman and UAE
over $120 billion to expand gas output by 14 through the Arabian Sea to avoid geopolitically
billion cubic feet per day (bcfd),as a result of sensitive regions.
recent significant gas discoveries in Oman, the It will allow options to import gas from Oman,
UAE, Saudi Arabia, and other countries? UAE, Saudi Arabia, Iran, Turkmenistan, and
(a) 2027 Qatar, a region with 2,500 trillion cubic feet (tcf)
(b) 2029 of gas reserves.
(c) 2025 Meeting the needs of the power and fertilizer
(d) 2030 industry for affordable gas, while moving to a
(e) 2032 low carbon economy, and increasing gas share
Answer: D to 15% in the energy basket will create a
South Asia Gas Enterprise (SAGE ), an demand of 700 Million Metric Standard Cubic
international consortium of companies in Meters per Day (MMSCMD) gas annually at
deepwater pipeline projects, has sought the right prices.
support of the Ministry of Petroleum and others Gas pipelines are more competitive than LNG
to develop an undersea gas pipeline from the up to a distance of 2,500-3,000 km due to the
Gulf to India.
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high cost of gas liquefaction, transportation, and 28. Recently (May 2023), Three ships bringing
regasification. relief supplies arrived in Yangon after India
It can save $5 to $6 per Metric Million British started, which operationdelivered aid to those in
Thermal Unit (mmBtu). Cyclone Mocha-affected Myanmar?
The proposed pipeline promises to deliver 31 (a) Operation Kavyam
mmscmdof gas to India under a 20-year long- (b) Operation Kalangarai
term supply contract. (c) Operation Karunai
About SAGE : (d) Operation Karunya
It is promoted by the New Delhi-based Siddho (e) Operation Karuna
Mal Group, in Joint Venture with a UK-based Answer: E
Deepwater Technology Company. India launched "Operation Karuna" to provide
SAGE is working with a Global Consortium of humanitarian assistance for people in Myanmar,
some of the most reputed companies in the field which is affected by Cyclone Mocha, and three
of Deepwater Pipelines, to create a Multi-Billion ships carrying relief material reached Yangon.
Dollar "Energy Corridor" that can transport gas The ships are carrying emergency food items,
from the Middle East to India, bypassing the tents, essential medicines, water pumps,
land route through Pakistan. portable generators, clothes, sanitary and
In quest for India's Energy Security, South Asia hygiene items, etc.
Gas Enterprise Pvt. Ltd. (SAGE) is undertaking Meanwhile, Indian Naval Ships (INS) Shivalik,
a path-breaking project, to build the Deepest Kamorta,and Savitri were the first Naval ships to
Underwater Transnational Gas Pipeline. arrive at Yangon with relief material.
It is also known as the "Middle East to India India has extended a hand of friendship to the
Deepwater Pipeline (MEIDP)", this will be a Gas people of Myanmar affected by Cyclone Mocha.
Highway that will connect the Gas Rich Gulf & About Cyclone Mocha :
Middle East regions to India, for the Cyclone Mocha was a tropical cyclone in the
transportation of Natural Gas to secure India’s North Indian Ocean.
Energy Needs. It affected Myanmar and parts of Bangladesh in
In addition, SAGE also plans to supply Natural May 2023.
Gas to Oman/ UAE on its Pipeline Route to Mocha originated in the Bay of Bengal.
India and seeks to further build Cooperative It has been classified as a 'Super Cyclone' by
Relations with friendly Gulf and Middle East the global weather website Zoom Earth.
countries. The name of the storm 'Mocha' has been
suggested by Yemen.
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It was the first cyclonic storm of the 2023 North Mahisagar, Bharuch, Banaskantha, Patan,
Indian Ocean cyclone season. Chhotaudepur, Gir Somnath, Gandhinagar,
About Myanmar : Kheda, Amreli, Anand and Junagadh districts.
Capital: Naypyidaw About Gujarat :
Currency: Kyat Governor: Acharya Devvrat
Chief Minister: Bhupendrabhai Patel
29. In May 2023,How many new industrial Capital: Gandhinagar
complexes were planned to build across 13 National Park: Vansda National Park, Gir
districts in Gujarat that were approved by the National Park, Marine National Park, Velavadar
Gujarat cabinet to increase local job creation? National Park
(a) 21 Wildlife Sanctuaries: Jambughoda Wildlife
(b) 15 Sanctuary, Barda Wildlife Sanctuary,
(c) 20 Shoolpaneshwar Wildlife Sanctuary
(d) 18
(e) 23 30. Kangra tea from Himachal Pradesh was
Answer: A certified by the European Union as a protected
The Gujarat cabinet has given its approval to a Geographical Indication because of its high
proposal of setting up 21 new industrial estates quality, distinctive aroma, and hint of fruity
across 13 districts in Gujarat, to boost flavor. When did the Registrar of Geographical
employment generation locally. Indicators in Chennai, Tamil Nadu , grant the
Notably, the Gujarat government in March 2023 Kangra tea GI status?
informed the Legislative Assembly that it was (a) 2000
planning to establish new industrial estates in (b) 2005
the State so that local youth get employment (c) 2008
near their native places. (d) 2010
The pre-feasibility study would cover various (e) 2015
aspects, such as the availability of land to Answer: B
establish estates, demand and supply Himachal Pradesh’s (HP) Kangra tea, known for
factors,and agricultural production in those its quality, unique aroma, and tinge of fruity
areas. flavor, has been registered with the European
These 21 new estates, to be managed by the Union (EU) as a protected Geographical
Gujarat Industrial Development Corporation Indication (GI).
(GIDC), will be established in Rajkot, Mehsana,
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The registration was an important tool to Answer: C

recogni ze the quality, genuineness, and Uttarakhand Chief Minister (CM) Shri Pushkar
reputation of the product in the European Singh Dhami launched a mobile application
markets, and this would boost the sale of named "Patch Reporting App" which will help
Kangra tea. make the roads of Uttarakhand pothole -free.
The sales would eventually benefit tea growers Using the App, mobile phone users can record
in Palampur, Baijnath, Kangra, and pictures of potholes and register their
Dharamshala in Kangra district, Jogindernagar complaints with Public Works Department
of Mandi district, and Bhattiyat area of Chamba (PWD) authorities seeking their repair by giving
district. details such as their location.
The Kangra tea was given GI status in 2005 by This application allowed any person with the
the Registrar of Geographical Indicators, Patch Reporting application to submit a detailed
Chennai, Tamil Nadu (TN). complaint by capturing pictures of potholes on
The GI status has been given to more than 400 the nearby roads.
traditional products of the State including Kullu The complainants will be given updates about
shawl, ChambaRumal, Kinnaur shawl, Kangra action taken for the redressal of their complaints
painting, Lahaulwoolen socks and gloves etc. along with pictures.
About HP : About Uttarakhand :
Governor :Shiv Pratap Shukla Governor: Gurmit Singh
Chief Minister :Sukhvinder Singh Sukhu Chief Minister: Pushkar Singh Dhami
Capital: Shimla (Summer), Dharamshala National Park: Corbett National Park, Govind
(Winter) National Park, Nanda Devi National Park
Wildlife Sanctuary: Daranghati Sanctuary, Wildlife Sanctuary: Binsar Wildlife Sanctuary,
Kanwar Sanctuary,Rupi Bhawa Sanctuary Jhilmil Wildlife Sanctuary
31. Recently (May 2023), Which stateintroduced 32. How much capital investment was
the "Patch Reporting App" that will aid in announced by the state-run Bharat Petroleum
keeping potholes off the state's roads? Corporation (BPCL) would build an ethylene
(a) Rajasthan cracker (EC) project in Bina in the Sagar region
(b) Telangana of Madhya Pradesh (MP) and increase the
(c) Uttarakhand capacity of its refinery?
(d) Tamil Nadu (a) Rs 29,000 crore
(e) Karnataka (b) Rs 59,000 crore
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(c) Rs 79,000 crore oil base stock installations with receipt pipelines
(d) Rs 69,000 crore at Rasayani in Maharashtra.
(e) Rs 49,000 crore This project, at an estimated cost of Rs 2,753
Answer: E crore, aims to augment storage capacity,
State-run Bharat Petroleum Corporation (BPCL) smoothen the supply chain, and streamline the
will set up an ethylene cracker (EC) project at distribution of essential petroleum products.
Bina in Sagar district, Madhya Pradesh (MP), About BPCL :
and expand its refinery capacity with a capital Founded: 1952
expenditure of around Rs 49,000 crore. Headquarters: Mumbai,Maharashtra, India
Aim : Chairman & Managing Director: G
To enhance BPCL's presence in the Krishnakumar.
petrochemical segment, renewable energy, and BPCL is an Indian central public sector
marketing infrastructure. undertaking under the ownership of the Ministry
Key Highlights : of Petroleum and Natural Gas , Government of
The core component of the expansion project is India (GoI).
the ethylene cracker, which will drive the About MP :
production of essential petrochemicals. Governor: Mangubhai C. Patel
The project also encompasses the Chief Minister: Shivraj Singh Chouhan
establishment of an EC complex and Capital: Bhopal
downstream petrochemical plants. National Park: Satpura National Park, Kanha
It includes expanding the refining capacity from National Park,Bandhavgarh National Park
7.8 million tonnes per annum (MTPA) to 11 Wildlife Sanctuary: Nauradehi Wildlife
MTPA and associated facilities at the Bina Sanctuary, Bori Wildlife Sanctuary
refinery.
Bina refinery’s expansion will meet the growing 33. By which year,does Amazon Web Services
demand for petroleum products in central and (AWS) plan to invest $12.7 billion in India's
northern India while also providing feedstock to cloud infrastructure?
the EC complex. (a) 2030
The petrochemical plant will cater to the (b) 2035
growing domestic demand for petrochemical (c) 2028
products. (d) 2025
Furthermore, BPCL is making significant (e) 2032
investments in petroleum oil lubricants and lube Answer: A
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Amazon Web Services (AWS) has announced 34. Foxconn, a Taiwanese contract
to invest 12.7 billion dollars in cloud manufacturer, will invest Rs 4 ,000 crore in a
infrastructure in India by 2030. new electronics manufacturing plant that will
It will meet the growing needs of customers of cover an area of 200 acres and result in the
cloud services in India. creation of 25,000 new jobs in which place?
The investment will be made in data center (a) Bangalore
infrastructure in India. (b) Kolkata
The cloud platform will offer more than 200 (c) Jaipur
services, including storage, robotics, and (d) Lucknow
artificial intelligence. (e) Hyderabad
This investment in data center infrastructure will Answer: E
support an estimated average of 1,31,700 full- Taiwanese contract manufacturer Foxconn will
time equivalent (FTE) jobs in Indian businesses invest Rs 4,000 crore in a new electronics
each year. manufacturing facility in Hyderabad which will
These jobs include construction, facility lead to the creation of 25,000 jobs and will be
maintenance, engineering, telecommunications, spread over an area of 200 acres.
and others. The proposed electronics manufacturing facility,
Earlier, Amazon Web Services invested Rs according to a joint statement from the State
30,900 crore (USD 3.7 billion) between 2016 government and Foxconn, is a promise to
and 2022 in India. continue delivering world-class products to the
The total investment of AWS in India will reach markets, and a milestone for Foxconn
Rs 1,36,500 crore (USD 16.4 billion) by 2030 . Interconnect Technology’s global expansion
This investment will contribute Rs 1,94,700 strategy.
crore (USD 23.3 billion) to India’s total gross In the first week of March, there was confusion
domestic product (GDP) by 2030 . over whether Foxconn would prefer Karnataka
AWS has invested more than Rs 30,900 crore over Hyderabad as Liu also met Karn ataka
in the AWS Asia Pacific (Mumbai). government officials.
It includes both capital and operating However, Foxconn later clarified that they were
expenditures related to the construction, committed to investing in Telangana .
maintenance, and operation of data centers in About Foxconn:
the region. Foxconn internationally, is a Taiwanese
multinational electronics contract manufacturer
Page 219 of 424

established in 1974 with headquarters in Financial Service Center in GIFT City will
Tucheng, New Taipei City. become operational on July 3 after the transition
Foxconn Interconnect Technology chairman & of SGX Nifty derivatives to NSE IFSC.
CEO Sidney Lu.
36. A mid-year update of the World Economic
35. Recently (May 2023), The Singapore Situation and Prospects report was produced by
Exchange's (SGX) Nifty derivatives contracts the UN Department of Economic and Social
are now known as ______. Affairs.According to the estimate, the Indian
(a) Gi-Nifty economy will expand by 5.8% in 2023 and
(b) GIFT Nifty ____% in 2024.
(c) Nifty Gift (a) 6%
(d) Gi-Ni-Ty (b) 7%
(e) Ni-Gi-Ty (c) 6.5%
Answer: B (d) 6.7%
The Nifty derivatives contracts traded on the (e) 7.5%
Singapore Exchange (SGX) have been Answer: D
renamed to GIFT Nifty. The United Nations Department of Eco nomic
Earlier, they were referred to as SGX Nifty. and Social Affairs (UNDESA) released a mid -
The NSE announced that starting July 3, all year update of its WorldEconomic Situation and
outstanding Nifty contracts at SGX will be fully Prospects report.
transferred to NSE IFSC at GIFT City for order The report has projected that the Indian
matching. Economy is expected to grow by 5.8% in 2023
The exchange said it has obtained approvals and 6.7% in 2024.
from the Monetary Authority of Singapore India will remain the fastest-growing major
(MAS) and IFSCA — regulators in Singapore economy inthe world.
and Gift City, respectively. India’s economic growth will be supported by
Singapore Exchange Limited is a Singapore- resilient domestic demand.
based exchange conglomerate. India’s inflation is expected to decelerate to 5.5
NSE IFSC, a wholly-owned subsidiary of NSE, percent in 2023 due to a decrease in global
is an exchange at International Financial commodity prices and slower currency
Service Center in GIFT City, Gujarat. depreciation.
Singapore Exchange, last month, announced
that NSE IFSC-SGX Connect at International
Page 220 of 424
As per the report, the world economy is India's trade surplus with the Netherlands has
projected to grow by 2.3 percent in 2023 and also increased from $8 billion in 2021-22 to $13
2.5 percent in 2024. billion in 2022-23.
The earlier forecast of world economic growth The Netherlands has taken over major
was 1.9 percent for 2023. destinations such asthe UK, Hong Kong,
The report highlights that the labor markets in Bangladesh, and Germany.
developed countries have shown remarkable India's exports to the Netherlands rose by about
resilience. 48 percent to $18.52 billion during 2022-23 as
Recently, Fitch Ratings said that India would be against $12.5 billion in 2021-22.
one of the fastest-growing sovereigns around Federation of Indian Export Organisations
the world. (FIEO) Director General Ajay Sahai said the
It forecasted 6 percent gross domestic product Netherlands has emerged as a hub for Europe
growth for 2023-24. with efficient ports and connectivity with the EU
About UNDESA through roads, railways, and waterways.
Headquarters: New York City About Netherland
Founded: 1948 Capital: Amsterdam
Head: Liu Zhenmin Currency - Euro
37. Recently (May 2023), Netherlands has risen 38. How much amount of people were displaced
to become India's third-largest exporting hub. as Internal in Indiain 2022, according to data
Which country stands first in trade nations for a analysis in May 2023 by the Internal
variety of items? Displacement Monitoring Centre (IDMC), a
(a) US Geneva-based organization?
(b) Bangladesh (a) 2.9 million
(c) Hong Kong (b) 0.5 million
(d) UAE (c) 2.5 million
(e) Germany (d) 1.5 million
Answer: A (e) 1.9 million
The Netherlands emerged as the third-largest Answer: C
exporting platform in India. An analysis of data from the Geneva -based
US and UAE stand at the top 2 in trading Internal Displacement Monitoring Centre
various kinds of goods. (IDMC) shows that Internal displacement in
India was 2.5 million in 2022.
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The average displacement in the country in the According to Knight Frank Mumbai ranks 6th
last seven years has been over 3 million among 46 cities globally in terms of annual price
annually. growth of high-end residential properties with an
This means that many people currently residing appreciation of 5.5 percent.
in Bhopal are displaced by natural disasters Real estate consultant Knight Frank India in its
annually in India. report 'Prime Global Cities Index Q1 2023' said
An internal displacement refers to each new that Mumbai, Bengaluru, and New Delhi have
forced movement of persons within the borders registered an increase in average annual prices
of their country recorded during the year in January-March 2023.
because of a disaster. Mumbai moved up from the 38th rank in Q1
Natural disasters can include floods, epidemics, 2022 to the 6th rank in Q1 2023 based on the
and weather-related phenomena, which affect annual growth in high-end or prime properties.
people’s ability to continue in their residences. Bengaluru and New Delhi also witnessed an
The number of such displaced people in India upward movement in index ranking to 16th and
has ranged between 1.3-5 million in the last 22nd ranks from their previous 37th and 39th
seven years, for which data was collated . ranks, respectively.
Floods triggered 90 percent of the region’s Dubai clinched the top position globally with an
disaster displacements in 2022. increase of 44.2 percent in prime residential
All countries recorded flood displacement, but property values.
Pakistan, India, and Bangladesh were the most The Prime Global Cities Index is a valuation-
affected. based index tracking the movement of prime
residential prices across 46 cities worldwide.
The index tracks nominal prices in local
39. With an increase in high-end residenti al currency.
property prices of 5.5 percent annually, Which
place in India is ranked sixth among 46 cities 40. According to Knight Frank's Wealth Report
worldwide by Knight Frank? 2023, India's population of "ultra-high-net-worth
(a) Bangalore individuals" is predicted to expand by a
(b) Mumbai staggering 58.4% by 2027, outpacing the
(c) Jaipur growth rate of the preceding five years. The re
(d) Lucknow are now how many billionaires in India (May
(e) Hyderabad 2023)?
Answer: B (a) 161 billionaires
Page 222 of 424
(b) 111 billionaires (d) Shivakumar

(c) 131 billionaires (e) Only C & D
(d) 121 billionaires Answer: E
(e) 171 billionaires Siddaramaiah has been sworn in as the new
Answer: A chief minister (CM) of Karnataka for the second
India is expected to witness a massive 58.4% term, along with the Karnataka Congress
rise in its 'ultra-high-net-worth president D K Shivakumar as the deputy chief
individual'(UHNWI) population by 2027 , minister.
surpassing the growth rate of the previous five The Congress has decided on a rotational
years says Knight Frank in its Wealth Report tenure of two-and-a-half years for both the
2023. leaders i.e. Siddaramaiah &Shivakumar.
The projected number of Indian UHNWI in 2027 The ceremony was administered by Karnataka
is 19,119. governor Thaawarchand Gehlot at Kanteerava
Knight Frank defines the UHNWI as someone Stadium in Bengaluru, Karnataka.
whose wealth exceeds US$30 million. The Congress Legislative Party meeting was
India is also likely to have 1.6 million (High held in Bengaluru, Karnataka.
Networth Individuals) HNIs and 195 billionaires Siddaramaiah was also the Chief Minister (CM)
by 2027. of Karnataka from 2013 to 2018.
According to the report, the entry price for He is only the second person to hold that office
India’s 1% wealthy club starts at US$ 1,75,000. for a full five-year term.
Currently, India has 161 billionaires. He won from the Varuna Assembly constituency
The report sheds light on a considerable in the 2023 elections.
decrease of 10% in the overall wealth of About Karnataka :
UHNWIs globally in 2022. Governor: Thawar Chand Gehlot
Capital: Bengaluru
41. Recently Karnataka election was held on National Park :Bandipur NP, Kudremukh NP,
May 2023, Congress Party won the election. BannerghataNPRajiv Gandhi NP
The two leaders from the Congress party will Wildlife Sanctuaries: B R Hills Wildlife
each have a two-and-a-half-year rotating term, Sanctuary, Cauvery Wildlife Sanctuary, Gudavi
according to the Congress. Who are they? Bird Sanctuary, Bhadra Wildlife Sanctuary
(a) Yediyurappa Tiger Reserve: Nagarahole Tiger Reserve,
(b) Only A & C Bhadra Tiger Reserve
(c) Siddaramaiah
Page 223 of 424
Festival: Hampi, Mahamastakabhisheka The Special Olympics will be the 16th edition of
(Shravanabelagola) the championship to be held in Berlin, Germany.
Dance: Yakshagana, DolluKunitha, Bolak-aat It is an 8-day eventthat is scheduled to begin on
(Bolak Dance) June 17, 2023, and will conclude on June 25,
2023.
42. The Special Olympics for persons with Athletes from all over the world mark their
intellectual disabilities will be held recently on presence on this special occasion to exhibit
May 2023 in Berlin, Germany, from June 16 to their talents in various sports categories.
June 25, 2023, and Who was enlisted to inspire
the Indian team and support the competitors? 43. The Centre for Responsible Artificial
(a) Sidharth Malhotra Intelligence, an interdisciplinary research
(b) Ranveer Singh center, was founded by the IIT Madras in
(c) Ayushmann Khurrana collaboration with the US technology behemoth
(d) Shah Rukh Khan Google to ensure the moral and responsible
(e) Aamir Khan development of AI-based solutions in the real
Answer: C world.Google joined the consortium as its first
Bollywood actor Ayushmann Khurrana has platinum member and contributed how much to
been roped in to galvanize the Indian team and this center?
cheer for the athletes headed to the Special (a) US$ 2.5 Million
Olympics for people with intellectual disabilities (b) US$ 1 Million
scheduled to be held in Berlin, Germany from (c) US$ 0.5 Million
June 16 to June 25, 2023. (d) US$ 1.5 Million
For the first time, Germany will throw the (e) US$ 0.75 Million
famous event in the coming month of June Answer: B
2023. The Indian Institute of Technology Madras (IIT
Moreover, Ayushmann Khurrana, an all-rounder Madras) has partnered with United States (US)
actor, widely known for his socially uplifting technology giant Google to establish the Centre
movies, assumed the position of United Nations for Responsible Artificial Intelligence (CeRAI),
International Children's Emergency Fund an interdisciplinary research center, to ensure
(UNICEF's) National Ambassador in February ethical and responsible development of AI-
2023. based solutions in the real world.
About Special Olympics :
Page 224 of 424

Google has become the first platinum member which state is Birsa Munda Hockey Stadium
of this consortium and has contributed US$ 1 located?
Million to this Centre. (a) Chattisgarh
CeRAI aims to become a premier research (b) Rajasthan
center at both the national and international (c) Haryana
levels, dedicated to fundamental and applied (d) Odisha
research in Responsible AI. (e) Maharashtra
The center will prioritize the deployment of AI Answer: D
systems within the Indian ecosystem, At the 13th Hockey India Sub Junior Women
emphasizing immediate impact. National Championship 2023 , the Hockey
Key Highlights : Haryana team was declared the winner.
CeRAI'sprimary objective is to produce high- In the finals, Hockey Jharkhand and Hockey
quality research outputs, including publications Uttar Pradesh came in the second and third
in renowned journals and conferences, as well positions at Birsa Munda Hockey Stadium,
as white papers and patents. Odisha.
Additionally, CeRAI will develop technical The tournament continued for 11 days in which
resources, such as curated datasets (both 28 teams participated and stellar performances
universal and India-specific), software, and were seen by the female players.
toolkits, focusing on the domain of Responsible About FIH
AI. Headquarters: Lausanne, Switzerland
CeRAI was formally inaugurated on April Founded: 7 January 1924, Paris, France
27,2023, with the ceremony presided over by CEO: Thierry Weil
Rajeev Chandrasekhar, the Union Minister of Membership: 140 national associations
State for Electronics and Information
Technology. 45. Recently (May 2023), Rattan Lal Kataria,
The startup mentorship and incubation passed dead in Chandigarh at the age of 72. He
organization, The Indus Entrepreneurs (TIE), is well known for his position as ____.
will also be associated with CeRAI. (a) Politician
(b) Social Activist
44. The Hockey Haryana team was the (c) Scientist
champion at the 13th Hockey India Sub Junior (d) Dancer
Women National Championship 2023, which (e) Writer
took place at Birsa Munda Hockey Stadium.In Answer: A
Page 225 of 424
Former Union Minister and Bharatiya Janata banking services in remote locations where the
Party (BJP) Member of Parliament (MP) from bank does not have a presence to promote
Ambala Rattan Lal Kataria, passed away at the financial inclusion.
age of 72 in Chandigarh.
About Rattan Lal Kataria : 47. President Ram Chandra Paudel declared
Rattan Lal Kataria was born on 19 December that the decade of the 2080s in the Bikram
1951, in Yamuna Nagar, Punjab, India. Samvat calendar will be recognized as "the Visit
He served as the Minister of State in the Nepal decade" and which year will be marked
Ministry of Jal Shakti and the Ministry of Social as a special year for tourism during the joint
Justice and Empowerment till July 7, 2021. assembly of the federal parliament?
He was elected as the3 time MP to the Lok (a) 2028
Sabha from Ambala in 1999, 2014, and 2019. (b) 2025
He served as the president of the BJP, Haryana (c) 2030
unit from 2000 to 2003 (d) 2031
He was also a minister in the Haryana (e) 2032
government. Answer: B
During the joint meeting of the federal
46. _______________ are representatives parliament, President Ram Chandra Paudel
appointed by banks to act as their agents and announced that the decade of the 2080s in the
Bikram Samvat calendar would be recognized
provide banking services in remote locations
as ‘the Visit Nepal decade’ and that the y ear
where the bank does not have a presence to
2025 will be designated as a special year for
promote financial inclusion.
tourism.
(a) Business Correspondents These declarations were presented as part of
(b) Book Building the policies and programs for the 2080/81 fiscal
((c) Business Facilitator year.
(d) Both (a) and (c)

48. Recently (May 2023), The INS TARKASH
(e) Both (a) and (b)
and INS SUBHADRA arrived at Port Al-Jubail to
Answer: D
begin the second iteration of the naval exercise,
Business Correspondents and Business
"AL-MOHED AL-HINDI 2023," marking a critical
Facilitators are representatives appointed by
turning point in the expanding defence
banks to act as their agents and provide
cooperation between India and _______.
Page 226 of 424
(a) Malaysia In his address, Shah emphasized the BJP

(b) Singapore government’s commitment to coastal security,
(c) Nepal stating that it is a top priority under the
(d) Saudi Arabia leadership of Prime Minister Narendra Modi.
(e) Japan The academy aims to provide comprehensive
Answer: D training facilities to over three thousand security
Marking a significant milestone in the growing personnel annually.
defence cooperation between India and the
Kingdom of Saudi Arabia, the INS TARKASH 50. ____________ is characterized as a
and INS SUBHADRA have arrived at Port Al- prolonged period of low or negative real GDP
Jubail to commence the second edition of the (output) growth, which is accompanied by a
naval exercise, ‘AL-MOHED AL-HINDI 2023.’
considerable increase in the unemployment
The visit of these Indian naval ships signifies
rate.
the beginning of the harbor phase, highlighting
the deepening defense ties and promoting ( a) Inflation
regional stability in the Arabian Sea and the (b) Moratorium

Gulf region. (c) Recession
(d) Mortgage
49. Recently, the foundation stone for the
(e) Hypothecation
National Academy of Coastal Pol icing's
Answer: C
permanent campuswas set on May 2023 by
A recession is characterized as a prolonged
Union Home and Cooperation Minister Amit
Shah in which state? period of low or negative real GDP (output)
(a) Gujarat growth, which is accompanied by a

(b) Rajasthan considerable increase in the unemployment
(c) Haryana rate.
(d) Odisha
(e) Maharashtra
51. Recently (May 2023), How many Non -
Answer: A
Banking Finance Companies (NBFCs) removed
Union Home and Cooperation Minister Amit
Shah recently laid the foundation stone for the their Certificate of Registration by the Reserve
permanent campus of the National Academy of

Coastal Policing in Dwaraka, Gujarat.
Page 227 of 424
Bank of India under Section 45-IA (6) of the RBI Out of the 14 NBFCs, 7 surrendered their
Act, 1934? licence due to the exit from the business while 2
surrendered because they did not require
(a) 9
registration under the criteria prescribed for an
(b) 5
unregistered Core Investment Company (CIC).
(c) 7
List of 7 NBFCs surrendered their licence due to
(d) 3
the exit from the business :
(e) 10 Lunia Trading & Investment Private Limited,
Answer: C West Bengal
The Reserve Bank of India (RBI), in the Swastik Goods and Suppliers Pvt Ltd, West
exercise of powers conferred on it Bengal
under Section 45-IA (6) of the RBI Act, 1934, Icseva Finance Private Limited, Bihar
has canceled the Certificate of Registration of 7 Gipsy Management Pvt Ltd, West Bengal
Non-Banking Finance Companies (NBFCs). Shiba Fabspin Pvt Ltd, West Bengal
List of 7 NBFCs : EsarEntrade Ltd, Assam
Coorg Tea Company, Bangalore, Karnataka Maba Corporate Services Private Limited,
TrimurthiFinvest, Bilaspur, Chattisgarh Karnataka.
East West Finvest India, Bilaspur, Chattisgarh List of 2 two entities that do not require
J.V.Modi Securities, Indore, Madhya Pradesh registration under criteria prescribed
(MP) forunregistered CIC :
K K Patel Finance, Gwalior, MP L&T Infrastructure Development Projects
Purvi Finvest, Bilaspur, Chattisgarh Limited, Tamil Nadu
Genfin Capital Pvt Ltd, Bangalore, Karnataka Josan Deposits and Advances Limited, West
These companies will not transact the business Bengal.
of a Non-Banking Financial Institution, as List of 5 entities that surrendered their icenses
defined in clause (a) of Section 45-I of the RBI due to the loss of their legal status :
Act, 1934. Melinex Investment and Finance Private
Also, the 14 NBFCs surrendered their CoR due Limited, Punjab
to the exit from the business, non-requirement Casablanca Broking & Agency Pvt Ltd, West
of registration, or due to loss of their legal Bengal
status. JanpragatiSyntex Pvt Ltd, West Bengal
Nalimbur Mercantile Pvt Ltd, West Bengal
Page 228 of 424

Wondermax Mercantile Pvt Ltd, West Bengal Positions in Just One Click are just a few of the
About RBI : broad order features that FLIP offers.
Established: 1 April 1935 Additionally, it has a dashboard that lists
Headquarters: Mumbai, Maharashtra, India transactions and investments, Portfolio Insights,
Governor: Shaktikanta Das Technical and Fundamental Research, Stock
Deputy governors: Mahesh Kumar Jain, M. Analysis Page, and Advanced Charting
(TradingView).
Rajeshwar Rao, Michael Patra, and T. Rabi
FLIP users will benefit from additional features
Shankar
set to be introduced over the next 3 months,
including Split Order for Options, Roll Over for
52. Geojit Financial Services Limited introduced Futures, and Conditional Orders, Trading from
FLIP recently (May 2023), its newest mobile Charts, Events Calendar, Market
trading platform to replace the current platform. Overview, and Applying for IPO.
What is the name of the old trading platform? Clients can download FLIP, and all existing
SELFIE users can upgrade to FLIP from Apple
(a) COMFY
AppStore and Google Play Store.
(b) SPOTY
About Geojit Financial Services Ltd :
(c) SELFIE
Founded: 1987
(d) SECURE
Headquarters: Kochi, Kerala
(e) SAVE US MD &CEO : C J George
Answer: C Geojit Financial Services Ltd. is an investment
Leading broking firm Geojit Financial Services services company in India.
Limited has introduced FLIP, its newest mobile
trading platform in an aim to replace the current
53. As per recent news (May 2023), the fourth
platform SELFIE and provide traders and
quarter of the 2022–23 fiscal year showed
investors a flexible and all-encompassing
which bank's net profit increased by 83% year
trading experience supported by several cutting-
edge features. over year to 16,694.51 crore due to higher
Key Highlights : interest revenue and minimal provisioning?
One Cancel Other Order, Bracket Orders, (a) Central Bank of India
Basket Orders, Option Chain, Option Greeks, (b) Punjab National Bank
Single Click Multi-Leg Orders, and Exit All (c) Indian Bank
Page 229 of 424

(d) Union Bank of India
(e) State Bank of India 54. In May 2023, the opening of its regional
Answer: E offices in three locations was publicly
The country’s largest bank State Bank of India announced by the Indian Competition
(SBI) reported an 83% year-on-year (yoy) jump Commission. Which of the following city is not
in net profit at ₹16,694.51 crore for the fourth on that list?
quarter of 2022-23 fiscal on higher interest
A. Bangalore
income and low provisioning.
B. Chennai
In the January-March quarter of the 2021-22
financial year, SBI’s net profit on a standalone C. Kolkata
basis was ₹9,113.53 crore. D. Mumbai

This is the bank’s highest quarterly net (a) Only A
profit even as its asset quality improved further. (b) Only B
The bank had logged ₹14,205 crore net profit in
(c) Only C
the preceding quarter.
(d) Only D
Broking firms were expecting the net profit of
(e) All are not on the list
India’s largest bank to rise by about 66%.
The bank’s board declared a dividend of ₹11.30 Answer: A
per equity share (1130%) for the financial year The Competition Commission of India has
ended March 31, 2023. formally notified the establishment of its regional
For the full year net profit has crossed the offices in three cities.
landmark number of ₹50,000 crore (up 58.58% These regional offices are located in Chennai,
yoy at ₹50,232 crore), which is the highest ever Kolkata, and Mumbai.
by any bank in India. Stakeholders will now be able to approach the
The bank’s gross NPA position improved regional offices without coming to Delhi for their
to 2.78% of gross advances against 3.14% in competition law-related work.
the preceding quarter. Andhra Pradesh, Telangana, Karnataka, Kerala,
This is the lowest level in more than 10 years. Tamil Nadu, and the Union Territories of
About SBI : Lakshadweep and Puducherry are included in
Founded: 1 July 1955 the jurisdiction of the Southern Regional Office
Headquarters: Mumbai, Maharashtra, India in Chennai.
Chairman: Dinesh Kumar Khara
Page 230 of 424

The jurisdiction of the Eastern Regional Office The meeting was held to apprise the officials of
in Kolkata includes Bihar, Jharkhand, Odisha, the preparation made so far for World Food
West Bengal, Chhattisgarh, Arunachal Pradesh, India 2023.
Assam, Manipur, Mizoram, Meghalaya, World Food India 2023 will be organized
Nagaland, Sikkim, Tripura and Union Territory between the 3rd and 5th of November 2023 in
of Andaman and Nicobar New Delhi.
Gujarat, Maharashtra, Goa, Union Territories of It will be organized by the Ministry of Food
Dadra and Nagar Haveli, and Daman and Processing Industries.
Diu come under the jurisdiction of the Western The next meeting of the Inter-Ministerial
Regional Office in Mumbai. Committee will be held in June 2023.
According to the CCI notification, the Chennai This will be held to firm up concrete
regional office was set up on February 26, partnerships/participation of different
2021. stakeholders.
Kolkata regional office’s effective date is May The Investment Facilitation Cell (Invest In dia)
20, 2022. and the event partner (FICCI) were directed to
In the case of the Mumbai Regional Office, the coordinate with the ministries and departments.
office’s effective date is October 6, 2022.
56. The Sagar Parikrama Yatra Phase -V was

55. The Ministry of Food Processing Industries
introduced recently (May 2023) by Union
hosted the first meeting of the Inter-Ministerial
Minister ParshottamRupala in Karanja (Raigad
Committee in New Delhi. The next Inter-
Dist). When did the "Sagar Parikrama"'s firs t
Ministerial Committee will be held in which
phase begin?
month in 2023?
(a) 2005
(a) December
(b) 2002
(b) November
(c) 2008
(c) July
(d) 2010
(d) June
(e) 2012
(e) October
Answer: B
Answer: D
First Inter-Ministerial Committee Meeting held in

New Delhi .
Page 231 of 424
Union Minister ParshottamRupala launched the 57. In May 2023, Which unique Dogra dish will
Sagar Parikrama Yatra Phase -V at be offered at the upcoming G20 Summit in
Karanja (Raigad Dist) Srinagar which was initiated by the Government
More than 6000 fishermen, fish farmers, and
of India and the Jammu and Kashmir
other dignitaries participated in the program at
government?
Karanja (Raigad Dist.).
The fifth Phase of the Sagar Parikrama (a) Pani Puri
begins to resolve the challenges faced by (b) Kalari

fishermen and stakeholders. (c) Kulcha
The Sagar Parikrama fifth phase will be (d) Puchkas
organized at Raigad, Ratnagiri, and Sindhudurg
(e) Dabeli
Districts in Maharashtra and Vasco, Mormugao,
Answer: B
and Canacona in Goa.
Kalari is a special Dogra culinary item, which
The main aim of the Sagar Parikrama is to
will be served at the upcoming G20 Summit in
facilitate the economic upliftment of fishermen
Srinagar.
and stakeholders through various schemes and
The Government of India and the Jammu and
programs.
Kashmir government have taken this initiative.
Maharashtra has 720 km of coastline and it
It will promote Kalari at the global level.
contributes 82 percent to the state’s fish
Kalari is being produced by women in the
production.
Udhampur district of Jammu and Kashmir for
The coast of Goa is 104 km long and 90 percent
decades.
of the population is dependent on fish for their
Women use to sell it for their living.
diet.
Jammu and Kashmir Rural Livelihood Mission
Certificates/sanctions related to Pradhan Mantri
(UMEED) is promoting Kalari .
MatsyaSampada Yojana (PMMSY), Kisan
Now, women make money from their produce
Credit Card, and state schemes will be awarded
after joining the organization.
to fishermen during the journey.
UMEED is sponsoring self-help groups in the
The first phase of the “Sagar Parikrama” was
Dheeran village.
started on 5th March 2022 from Mandvi and
The women of this area are members of these
ended on 6th March 2022 in Porbandar.
self-help groups.
Kalari Kulcha is a famous street food of
Udhampur District.
Page 232 of 424

domestic trade as well as export of tea from
58. Recently (May 2023), the Tea Board India.

Headquarters: Kolkata.
announced the creation of an/a ____memb er
Founded: 1 April 1954.
group to investigate the causes of the declining
quality of green tea leaves and to recommend

59. Recently (May 2023), which country
corrective actions to stop it.
pledged continued assistance for Kyiv for as
(a) 18
long as necessary and committed 2.7 billion
(b) 8
euros in military aid to Ukraine, its largest such
(c) 15
package since Russia's incursion?
(d) 6
(a) Netherland
(e) 11
(b) England
Answer: E
(c) Nepal
Tea Board announced the formation of an 11 -
(d) Germany
member committee to study the reasons behind
the deteriorating quality of green tea leaves and (e) Brazil
to suggest remedial measures to reverse that. Answer: D

Headed by the executive director of the Tea Germany announced 2.7 billion euros ($3.0
Board’s office at Guwahati, the panel will billion) of military aid to Ukraine, its biggest such
comprise representatives of bought-leaf package yet since Russia’s invasion, and
factories, estate factories, and small tea pledged further support for Kyiv for as long as
growers. necessary.
Tea Board also said that the panel will conduct The package will include 30 Leopard 1 tanks,
a threadbare examination of the causes of 15 Gepard anti -aircraft tanks, over 200
falling green leaf quality across the country and reconnaissance drones, and 4 Iris-T anti-aircraft
will submit its report within three months. systems.
About Tea Board of India Germany was initially reluctant to provide heavy
The Tea Board of India is a state agency of the arms to Ukraine to help it counter Russia’s
Government of India under the control of the invasion, fearing it might escalate the fight.
Ministry of Commerce and Industry, established But in January 2023 Berlin agreed to send
to promote the cultivation, processing, and Leopard tanks and would work with allies to
send more.
Page 233 of 424
About Germany : technology, timely completion leading to
President: Frank-Walter Steinmeier transformation) governance model.
Capital: Berlin It will facilitate seamless data-driven decision-
Currency- Euro making to ensure time-bound outcomes aligned
About Ukraine : with our 5T governance model

The State Dashboard consists of 3 critical
President : Volodymyr Zelenskyy
components – CM Dashboard, Department
Prime Minister : Denys Shmyhal
Dashboard, and Administrative Action
Capital: Kyiv
Monitoring Portal.
Currency: Hryvnia
The application appraises the performance of
various Administrative Departments on 5T
60. Odisha Chief Minister recently (May 2023)
parameters.
launched the State Dashboard, a data and The dashboard will enable citizens to access
analytics-powered platform that will carry public information with ease on policies, budget
forward the 5T governance model. Choose the allocations, and public expenditures.”
following which are not in that 5T model. It will also provide the citizens with frictionless
access to government services and resources.
(a) Teamwork
The dashboard is expected to foster a
(b) Technology
collaborative approach to decision-making and
(c) Technical
usher in a new era of data-driven governance.
(d) Transformation About Odisha :
(e) Transparency Governor: Ganeshi Lal
Answer: C Chief Minister: Naveen Patnaik
Odisha Chief Minister (CM) Shri Naveen Capital: Bhubaneswar
Patnaik launched the State Dashboard, a data National Park: Simlipal National Park,
and analytics-powered platform which will Bhitarkanika National Park
streamline performance monitoring of Wildlife Sanctuary: Ushakothi Wildlife
government schemes, aiding data-driven Sanctuary, Tikarpada Wildlife Sanctuary
decision-making.
Key Highlights : 61. The government of Uttar Pradesh hired
The launch of the integrated Das hboard will NDDB Dairy Services to provide technical
carry forward the 5T (teamwork, transparency, assistance for running three women-owned milk
Page 234 of 424

producer enterprises established in UP which is UP State Rural Livelihood Mission (UPSRLM) is
the second largest milk producing State in India. the implementing agency for this dairy farmers'
project.
Which state is the first milk-producing state in
Under the State’s ₹200-crore MahilaSamarthya
India?
Yojana (MSY), launched in 2021-22, enterprises
(a) Rajasthan
exclusively owned by women are being
(b) Kerala promoted.
(c) Andra Pradesh The MSY scheme was launched after the
(d) Tamilnadu success of the Balinee Milk Producer
(e) Madya Pradesh Company of Jhansi and the Kashee Milk

Producer Company of
Answer: A
By using the expertise of NDS, the aim is not
The Uttar Pradesh (UP) government has roped
only to promote women's entrepreneurship in
in NDDB Dairy Services, a wholly-owned
rural UP substantially but also to bring about a
subsidiary of the National Dairy Development
fundamental change in the lives of these
Board (NDDB), for providing technical support
women and their families.
for managing three women-owned milk
Uttar Pradesh (UP) is the second-largest mil k-
producer companies — Saamarthya Milk
producing State in India (Rajasthan -First).
Producer Company (Raebareli), Shri Baba
About NDDB :
GorakhnathKripaa Milk Producer Company
Founded : July 1965
(Gorakhpur) and Srijanee Milk Producer
Headquarters : Anand, Gujarat, India
Company (Bareilly) set up in UP.
Chairman :Meenesh Shah
A milk producer company is a farmer-producer
The NDDB is a statutory body set up by an Act
organization (FPO) that embodies principles
of the Parliament of India.
that are similar to cooperative societies.
It is under the ownership of the Ministry of
These FPOs will together procure milk from
Fisheries, Animal Husbandry and Dairying of
over 2,800 villages of 17 districts enrolling 1.50
the Government of India.
lakh women dairy farmers.
About UP :
NDS stated that The daily procurement will
reach seven lakh liters by the fifth year of Governor : Anandiben Patel
operations. Chief Minister : Yogi Adityanath

Capital : Lucknow
National Park :Dudhwa National Park
Page 235 of 424

Wildlife Sanctuary :Bakhira Wildlife Sanctuary, After the retirement of Justices Dinesh
Chandraprabha Wildlife Sanctuary, National Maheshwari and M R Shah, the Supreme Court
was working with 32 judges.
Chambal Wildlife Sanctuary
KV Viswanathan is the 10th lawyer who has
directly been appointed from the Bar to the
62. Recently (May 2023),the Centre was
Supreme Court bench.
advised to appoint Prashant Kumar Mishra, the Justice Prashant Kumar Mishra was serving as
Chief Justice of the Andhra Pradesh High Court, the Chief Justice of the Andhra Pradesh High
and senior lawyer KV Viswanathan as judges of Court.
the Supreme Court by the collegium of the court The Chief Justice of India and the Judges of the
Supreme Court are appointed by
presided over by Chief Justice of India (CJI) DY
the President under clause (2) of Article 124 of
Chandrachud. The Supreme Court now has a
the Constitution.
working strength of how many judges?
Eligibility Criteria for Supreme Court Judge :
(a) 32
A person must be a citizen of India.
(b) 35 He/ She must have been a Judge of a High
(c) 34 Court for at least 5 years.
(d) 39 He should have been an advocate of a High
(e) 38 Court for at least 10 years.
Answer: C
63. As per the recent (May 20233) data, the
The Supreme Court collegium headed by Chief
Justice of India (CJI) DY Reserve Bank of India (RBI) has approved SBI
Chandrachud recommended to the Centre the Funds Management Limited (SBIFML) to grow
names of Andhra Pradesh High Court Chief its stake in HDFC Bank to _____ within six
Justice Prashant Kumar Mishra and senior months, or by November 15, 2023.
advocate KV Viswanathan as judges of the
(a) 4.99%
apex court.
(b) 9.99%
The working strength of the Supreme Court is
(c) 5.99%
now equal to its sanctioned
judge strength of 34. (d) 3.99%
(e) 7.99%
Answer: B
Page 236 of 424
SBI Funds Management Limited (SBIFML) has MD &CEO :SashidharJagdishan

received Reserve Bank of India (RBI) Tagline : We Understand Your World
approval to increase its stake in HDFC Bank to
9.99% in 6 months i.e. by November 15, 2023.
64. As the first woman to win the competition
The investment will be made as part of the
twice, Loreen of Sweden won Eurovision 2023
mutual fund schemes managed by SBI Funds
with the song "Tattoo" in Liverpool, northern
Management.
The approval was granted on an application England. Who was spotted in Second place?
made by SBI Funds Management to RBI. (a) Maarija

Key Highlights : (b) Kaarija
SBIFML has to ensure that the aggregate (c) Faarija
holding in the bank remains below 10% of the (d) Girija
paid-up share capital or voting rights of the
(e) Baarija
HDFC Bank at all times.
Answer: B
HDFC Bank reported a 21% jump in March
Sweden’s Loreen won Eurovision 2023 with the
quarter consolidated net profit to ₹12,594
song “Tattoo” in Liverpool, northern England ,
crore on a 30% increase in income at ₹57,159
becoming the first woman to triumph for a
crore.
second time in the contest.
SBI Funds Management is the largest in the
Finland’s Kaarija, a green -bolero-sleeved
country with assets under management
rapper, came second.
of ₹7.17-lakh crore as of March-end 2023.
He won the viewer vote, but it was not enough
About SBIFML :
to overtake Loreen’s lead after the result from
Founded : 1987
the juries in the 37 participating countries.
Headquarters : Mumbai, Maharashtra, India
Loreen is the only person after Ireland’s Johnny
MD &CEO : Mr. Shamsher Singh
Logan to win the contest twice, and her victory
SBIFMPL is a joint venture (JV) between
puts Sweden level with Ireland as the most
the State Bank of India (SBI), an Indian public
successful Eurovision country.
sector bank, and Amundi, a European asset
The 67th edition of the music festival was held
management company.
in the “City of Pop” on behalf of Ukraine, last
About HDFC Bank Ltd :
year’s winner, which was unable to host this
Founded : August 1994
year because of Russia’s invasion.
Headquarters : Mumbai, Maharashtra, India
Page 237 of 424

The Eurovision Song Contest, often known TV and print advertisers were highly compliant,
simply as Eurovision or by its initialism ESC, is digital ads emerged as least compliant.
According to the report, the real-money gaming
an international song competition organized
industry overtook the education sector for the
annually by the European Broadcasting Union.
first time to become the most violative sector,
moving from fifth to first place.
65. Which gaming platform has overtaken all Real-money gaming sector also emerged as the
other industries in terms of advertising violations least compliant with only 50% of ads being
(May 2023), according to the annual complaints modified voluntarily.
report for FY23, which the Advertising Ads by Ticktok Skill Games Pvt Ltd featuring
MS Dhoni and Bhuvan Bam were found to be
Standards Council of India just released?
non-compliant.
(a) Rummy Circle
Ads by GalactusFunware Technology featuring
(b) e-IPL
Virat Kohli and Jim Shrabh were also found to
(c) Roblox be non-compliant.
(d) Real-money About ASCI
(e) Bingo The Advertising Standards Council of India
Answer: D (ASCI) was formed in 1985.
Real-money gaming has become the top It is a self-regulatory and non-governmental
violative sector in terms of advertisement. organization.
This sector was followed by education and It is headquartered in Mumbai.
healthcare, as per the annual complaints report Its chairman is N S Rajan.
for FY23 released recently by the Advertising

Standards Council of In dia (ASCI). 66. Recently ( May 2023),the Centre for
As per the report, there has been a sharp Responsible Artificial Intelligence (CeRAI), a
increase in the number of misleading ads
center for ethical AI research and development,
featuring celebrities.
was founded by which IIT in collaboration with
75% of violent ads were found on digital media.
Google?
ASCI examined 7,928 ads across print, digital,
and television in FY23. (a) IIT Bombay
This was an increase of about two-fold over the (b) IIT Kanpur
last two years. (c) IIT Delhi
Page 238 of 424

(d) IIT Hyderabad 67. The fast food corporation McDonald's has
(e) IIT Madras renewed its agreement with FIFA to continue
Answer: E serving as the World Cup's official sponsor in
The Indian Institute of Technology Madras (IIT the United States, Canada, and Mexico until
Madras) has partnered with Google to establish which year edition?
the Centre for Responsible Artificial (a) 2026
Intelligence (CeRAI), focusing on responsible AI
(b) 2028
research and development.
(c) 2030
As the inaugural platinum consortium
member, Google has invested $1 million in this (d) 2025
initiative. (e) 2032

CeRAI aims to become a premier research Answer: A
center at both the national and international McDonald’s, the fast food chain, has signed a
levels, dedicated to fundamental and applied new contract with FIFA to remain as a World
research in Responsible AI. Cup sponsor until the 2026 edition in the United
The center will prioritize the deployment of AI States, Canada, and Mexico.
systems within the Indian ecosystem, The renewal gives McDonald’s the title of
emphasizing immediate impact. ‘Official Restaurant’ sponsor of this year’s
CeRAI was formally inaugurated on April 27, Women’s World Cup in Australia and New
with the ceremony presided over by Rajeev Zealand and the men’s edition three years later.
Chandrasekhar, the Union Minister of State for McDonald’s and FIFA have a shared passion
Electronics and Information Technology. for bringing people together through the power
The startup mentorship and incubation of football.
organization, The Indus Entrepreneurs (TIE), McDonald’s is a proud supporter of football and
will also be associated with CeRAI. has sponsored FIFA tournaments since 1994.
About Google About FIFA:
Headquarters: Mountain View, California, The Federation Internationale de football
United States association is the international governing body
Founded: 4 September 1998 of association football, beach soccer, and futsal.
CEO: Sundar Pichai President: Gianni Infantino,
CMO: Lorraine Twohill Headquarters: Zurich, Switzerland,
Founded: 21 May 1904.
Page 239 of 424
In 2022, Hinduja topped the Sunday Times Rich
68. Name of the founder of IndusInd Bank and List with an estimated wealth of £28.472 billion
sterling.
the eldest of the Hinduja brothers, who founded
the Hinduja Group, passed away in London,

69. To streamline KYC requirements in the Rs.
United Kingdom.
60 lakh crore insurance market, IRDAI recently
(a) Parthasarathi Hinduja
(May 2023) established a 12-member task force
(b) SarathiHinduja
led by whom?
(c) Srichand Parmanand Hinduja
(a) Devendra Kiran
(d) Paranthaman Hinduja
(b) Krithik Sha
(e) Srichandran Hinduja
(c) Pattrick Shab
Answer: C
(d) Debashish Panda
The eldest of four Hinduja brothers, Hinduja
(e) Kapilesh Gupta
Group chairman and founder of IndusInd Bank
Srichand Parmanand Hinduja (S.P., Answer: D
Hinduja) passed away at the age of 87 in IRDAI has constituted a task force to simplify
London, United Kingdom (UK). KYC norms in the Rs.60 lakh crore insurance
About Srichand Parmanand Hinduja : industry.

Among other things, the task force will suggest
Hinduja was born on November 28, 1935, in
measures to allow agents and other
British India’s Sindh province, now part
intermediaries to facilitate both eKYC and
of Pakistan.
physical KYC to onboard new clients.
He is an Indian-born British billionaire
In a circular, IRDAI has acknowledged that non-
businessman, investor, and philanthropist.
Aadhaar KYC has become difficult.
He founded the only Indian-owned Swiss bank,
Presently, the UIDAI framework allows
S P Hinduja BanqueePrivee, which has its
insurance companies to identify the customer
headquarters in Geneva, Switzerland.
by using his/her Aadhaar with consent
In 1993, SP Hinduja ventured into banking, with
management.
IndusInd Bank, the first of the new-generation
In the absence of Unique Customer
private banks in India.
Identification in the insurance sector, insurance
He was the primary shareholder and chairman
companies are facing various issues while
of the Hinduja Group of companies.
providing the services and claims apart from
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ease of onboarding the customers, The money for the scheme was arranged from
circumventing possible frauds, etc. Sanjivani Nidhi, funds for which were donated
The insurance regulator has constituted a 12 - by government employees on New Year's Day.
member task force headed by IRDAI Collector said the objective of the Niramaya
Chairperson, Debashish Panda. scheme is to provide affordable health
Irdai has made KYC norms mandatory for the insurance coverage to special children.
purchase of all new insurance policies, The district is implementing the scheme with the
irrespective of their premiums, starting January help of The Ability People Organisation.
1, 2023. This rule will apply to all types of The scheme would provide health insurance at
insurance — life, general, and health insurance. a very low price and the insured person would
get 1 lakh a year for health -related issues.
70. Recently (May 2023), Which state
introduced the Niramaya Health Insurance 71. According to the recent (May 2023)
program for kids with impairments such as government data, Canara Bank became the
autism, cerebral palsy, mental retardation, and biggest buyer on the GeM platform in 2022 –
multiple disabilities? 2023 with transactions totaling Rs.592.82 crore.
(a) Rajasthan Which bank was the second largest buyer on
(b) Kerala GeM Portal?

(a) Central Bank of India
(c) Andhra Pradesh
(b) Punjab National Bank
(d) Tamilnadu
(e) Madya Pradesh (c) Indian Bank
(d) Union Bank of India

Answer: C
In a first-of-its-kind initiative in the state, (e) State Bank of India
Visakhapatnam district (Andhra Pradesh) Answer: B

launched the Niramaya Health Insurance Canara Bank emerged as the largest buyer on
scheme for children suffering from autism, the GeM portal in 2022-23.
cerebral palsy, mental retardation, multiple It made purchases of ₹592.82 crore from the
disabilities, and others. GeM portal, according to government data.
District collector Dr. A Mallikharjuna launched The data showed SBI was slow in procuring
the free health insurance scheme. goods and services from the portal in 2022-23.
Punjab National Bank was the second largest
with a purchase of ₹164.57 crore.
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It was followed by Indian Overseas Bank and services among all states and Union
(₹159.82 crore), State Bank of India (₹158.22 Territories from government portal GeM in
crore), and Indian Bank (₹111.59 crore). 2022-23.
The government e-Marketplace (GeM) portal The Uttar Pradesh government and its agencies
was launched on 09 August 2016. It was procured goods and services worth Rs 12,152
launched for online purchasing of goods and crore from the union commerce ministry's
services by all the ministries and departments of platform Government e-marketplace (GeM)
the central government. during the last fiscal year.
It was followed by Gujarat (Rs 7,964 crore),
72. According to the recent (May 2023) central Maharashtra (Rs 4,130 crore), Jammu and
government data about the GeM portal, Which Kashmir (Rs 1,999 crore), and Madhya Pradesh
of the following statement is incorrect (Rs 1,983 crore).
concerning that? Overall procurement of goods and services from
A. Uttar Pradesh emerged as the largest buyer GeM has crossed Rs 2 lakh crore this fiscal
of goods and services among all states and year on account of an increase in buying
Union Territories from the government portal activities by different ministries, departments,
GeM in 2022-23. and states.
B. It was followed by Gujarat (Rs 7,964 crore), The GeM portal was launched on August 9,
Maharashtra (Rs 4,130 crore), Jammu and 2016, for online purch ases of goods and
Kashmir (Rs 1,999 crore), and Madhya Pradesh services by all the central government ministries
(Rs 1,983 crore). and departments.
C. The GeM portal was launched on August 9, GeM has over 63,000 government buyer
2016, for online purchases of goods and organizations, over 6 crore sellers, and service
services by all the central government ministries providers offering a wide range of products and
and departments. services.
(a) Only A Among central government ministries, the
(b) Only A & B power ministry was the top buyer in 2022-23
(c) Only C from the platform.
(d) Only A & C The ministry procured goods and services worth
(e) None is incorrect Rs 30,572.9 crore. It was followed by the
Answer: E defence ministry (Rs 28,741.2 crore), Ministry of
According to the central government data Uttar Petroleum and Natural Gas (Rs 28,157.2 crore),
Pradesh emerged as the largest buyer of goods steel ministry (Rs 12,527.3 crore), and Ministry
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of Health and Family Welfare (Rs 7,158.3 Resident individuals are allowed to use foreign
crore). exchange facilities up to the limit of $2,50,000
South Korea's KONEPS is the largest such only.
platform in the world. Currently, GeM stands in Corporates, partnership firms, HUF, Trusts, etc.
the third position after Singapore's GeBIZ. are not eligible for the scheme.
Ministry of Finance in consultation with the RBI
has omitted Rule 7 of FEM (CAT) Rules 2000.
73. As per the recent (May 2023) It has removed the relaxation given to the users
announcement, Payments through international of international credit cards for their transactions
debit or credit cards up to ₹7 lakhs will not come by a person when they are on an overseas visit.
under LRS. LRS Stands for ______. The change brings overseas international credit
(a) Liberalised Ratio Scheme card spending under the liberalized remittance
(b) Liberalised Remittance Scheme scheme (LRS) of the RBI.
(c) Liberalised Return Scheme The government announced that all
(d) Liberalised Range Scheme international credit card spending outside of
(e) Liberalised Rating Scheme India will be a part of LRS, which will attract a
Answer: B higher tax collected at source at 20 percent.
Payments through international debit or c redit The new tax rate will come into effect from July
cards up to ₹7 lakhs will not come under 1, 2023.
Liberalised Remittance Scheme (LRS).
Finance Ministry clarified such payments will not 74. Who recently (May 2023) earned the
attract Tax Collected at Source (TCS). Chevalier de la Legion d'honneur, France's
Transactions through UPI and of more than ₹7 highest civilian honor?
lakhs by Indians abroad will attract TCS. (a) N. Rajasekaran
They will be treated at par with international (b) N. Dhruvsekaran
credit or debit cards. (c) N. Krishnasekaran
Under LRS, all resident individuals, including (d) N. Chandrasekaran
minors, are permitted to freely remit up to (e) N. Dayasekaran
$2,50,000 per fiscal year for any permissible Answer: D
current or capital account transaction or a N. Chandrasekaran received France's highest
combination of two. civilian award Chevalier de la Legion d'honneur.
N. Chandrasekaran (Natarajan
Chandrasekaran) is Tata Group Chairman.
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He has received the award for his contribution The Corporate Affairs Ministry (MCA) has
to strengthening the trade relationship between amended the Corporate (Compromises,
India and France. arrangements, and amalgamations) Rules.
French Minister for Europe and Foreign Affairs It has introduced the concept of deemed
Catherine Colonna gave him the award on approval. This has been done to deal with the
behalf of the French President on May 16. problem of bureaucratic delays in corporate
Earlier this year, Air India had signed a deal restructuring.
with Airbus to buy 250 aircraft from Airbus. The ‘fast track merger’ scheme was introduced
Air India is owned by Tata Group. Ai rbus is in 2016. The new mechanism will be effective
headquartered in France. from 15 June.
In December 2022, Tata Technologies Under the deemed approval concept, a
inaugurated its innovation center in Toulouse, confirmation order should be issued by the
France. central government within 60 days of receiving
Chevalier de la Legion d'honneur is the highest the proposal in the fast-track scheme.
civilian award given by France government. If the central government fails to do so, it will be
It was started by Napoleon Bonaparte in 1802. deemed that there are no objections. In such a
case, the confirmation order will be issued.
75. Under the "fast track merger" program, the If the Registrar of Companies and Official
central government changed the p rocedure for Liquidator does not raise objections to a fast–
approving mergers for start-ups. 'Fast Track track merger proposal within 30 days of the
Merger' is a program that was implemented in filing of the scheme, the center shall issue the
which year? confirmation order within 15 days after the
(a) 2012 expiration of the 30 days.
(b) 2018 Earlier, 60 days were time prescribed only for
(c) 2014 referring the matter to NCLT in case any
(d) 2016 objection was received.
(e) 2020 Section 233 of the Companies Act, 2013
Answer: D provides a simple procedure for the merger and
The central government has reformed the amalgamation of certain companies.
merger approval process for start-ups under the This procedure is called Fast Track Merger.
‘fast track merger’ scheme. MCA notified Section 233 on 7 December 2016.
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These companies include startups, small International Standards Organisation (ISO) was
companies, and holding and subsidiary founded on 23 February 1947.
companies. It is an international body with 168 countries as
members.
76. Union Minister Piyush Goyal will inaugurate It develops and publishes international
which edition of the coveted annual consumer standards in all technical and nontechnical
policy forum - ISO COPOLCO Plenary will be fields except electrical and electronic
organized on May 2023? engineering.
(a) 40th
(b) 44th 77.World’s biggest nuclear plant the
(c) 50th Kashiwazaki -Kariwa nuclear power plant in
(d) 35th recent news (May 2023), is located in which
(e) 34th country?
Answer: B (a) Australia
Union Minister Piyush Goyal will inaugurate the (b) Africa
44th edition of the ISO COPOLCO Plenary. (c) Russia
The 44th edition of the covete d annual (d) Japan
consumer policy forum - ISO COPOLCO (e) Cuba
Plenary will be organized from 23 to 26 May. Answer: D
The topics of deliberations at the plenary World’s biggest nuclear plant in Japan may stay
included challenges related to involving closed due to papers left on car roof.
consumers, protection of their rights, and legal Tokyo Electric Power Co., which operates the
modalities. Kashiwazaki -Kariwa nuclear power plant in
This year's plenary is very important for India Japan’s Niigata prefecture, said an employee
and the international community. placed a stack of documents on top of a car
Many leaders from government and business before drivi ng off and losing them.
sectors will participate in the summit and an Safety lapses and a strict regulatory process
international delegation of eminent stakeholders have stopped Japan from restarting most of its
will mark their presence. nuclear reactors shut in the wake of the 2011
Different Workshops and addresses by several Fukushima disaster.
high-level speakers will be part of this ISO
COPOLCO Plenary. 78. In a set of recommendations, which
organization stated that online gambling
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platforms are not required to withhold tax at Where the net winnings are wholly in kind or
source from player winnings if the sum is less partly in cash, and partly in kind but the cash
than ₹100 per month and certain conditions are part is not sufficient to meet the liability of
met? deduction of tax, the gaming company should
(a) Ministry of Financial ensure that tax has been paid in respect of the
(b) Central Board of Direct Taxes net winnings, before releasing the winnings.
(c) Mistry of Commerce and Industry The Union government has carved out a
(d) Central Board of Excise and Customs distinction between online skill-based games
(e) Central Board of Indirect Taxes and and other games such as lottery, puzzles, and
Customs crossword puzzles through new clauses in the
Answer: B Income Tax Act as disclosed in the Finance Bill
Central Board of Direct Taxes (CBDT) said in a on February 1, thereby providing much-needed
set of guidelines that Online gaming platforms clarity to the nascent industry in terms of
need not deduct tax at source on winnings taxation over winnings on online gaming
withdrawn by players if the amount is less than platforms.
₹100 a month and meets certain riders. The finance bill has introduced two new
As per this, net winnings below ₹100 in a month sections - Section 194BA which pertains to TDS
will not be subject to tax deducted at source (tax deducted at source) on net winnings from
(TDS) at the time of withdrawal provided the tax online games, and Section 115BBJ related to
liability will be deducted when the net winnings the computation of tax on winnings from online
are withdrawn exceeds this limit in the same or games.
the subsequent month or at the end of the fiscal The Bill has removed the minimum threshold of
year. Rs 10,000 for TDS while also allowing it to be
As per section 194BA of the Income Tax Act, calculated either at the end of the financial year
online gaming companies paying any person or at the time of user withdrawal, with effect
any income by way of winnings during the from July 1, 2023.
financial year should deduct income tax on the Before this, gaming companies were required to
net winnings in their user account. deduct TDS at the rate of 0.1 percent for each
If the money in the user account is used to buy winnings of over Rs 10,000 while gross
an item in kind and given to the user, then it is winnings from online gaming were taxed at a
to be treated as net winnings in cash and tax is flat rate of 30 percent.
to be deducted at source.
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79. Name the first phase of the project that was Enterprises and the AXA Group. Bharti AXA
launched by Bharti AXA Life Insurance that commenced its operations in 2006 and has its
involved reevaluating 20 policy servicing headquarters in Mumbai.
journeys, was launched and completed. The
project allowed for a 360-degree conversion of 80. A program to help scale businesses owned
physical services into digital services. by minority and under-represented groups in
(a) Project Serum India which were launched by Genpact and
(b) Project Severe Hindustan Unilever (HUL) with the name of
(c) Project Servottam ____.
(d) Project Saitan (a) Be.Watch
(e) Project Servam (b) Be.Seen
Answer: C (c) Be.Start
Bharti AXA Life Insurance rolled out and (d) Be.Ready
completed the first phase of its ‘Project (e) Be.Set
Servottam’ - under which 20 policy servicing Answer: B
journeys were re-considered and the project In a bid to give a fillip to diverse and sustainable
enabled a 360-degree transformation of sourcing, Hindustan Unilever (HUL) and
physical services into digital services. Genpact have launched Be.Seen — a program
Through Project Serv-o-ttam, customers can to help scale businesses owned by minority and
easily update their contact details and under-represented groups i n India.
undertake other policy-related tasks such as HUL and Genpact aim to enable these
switching funds, surrendering their policy, and businesses to eventually get absorbed into the
applying for a loan through DigiServe - the supply chains of large consumer companies,
company's customer-centric portal, which can including that HUL.
be accessed from their website. The program is implemented by Sattva, a social
The project was aimed at digitizing eight critical impact research and advisory firm. And in the
policy servicing journeys - which include, pilot phase, the program will help shortlisted
demographic change, bank account update, business owners to develop behavioral and
fund switch, payment mode & method change, technical skills over six months.
loan application, partial withdrawal, policy HUL, Genpact, and Sattva will accept
surrender, and online nominee update. applications from businesses that are 51% or
Bharti AXA Life Insurance is a joint venture more owned, managed, or controlled by
between the Indian conglomerate Bharti members of diverse groups, and are certified by
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an approved certification body or who self- The company has initiated live testing of its 4G
declare as diverse businesses. services across 135 tower sites, utilizing a
Hindustan Unilever Limited is a British-owned domestically developed telecom stack.
Indian consumer goods company Tejas Networks Limited, a part of the Tata
headquartered in Mumbai. Group, announced on April 3 that it had secured
an order valued at ₹696 crores from BSNL. The
81. Recently, which company disclosed that the order pertains to the enhancement of BSNL's
government-owned BSNL had given an nationwide IP -MPLS-based Access and
advance purchase order for more than 15,000 Aggregation Network (MAAN).
crores to a consortium led by the well-known IT Under the terms of the agreement, Tejas
business? Networks will provide, install, and commission
(a) Wipro over 13,000 of its advanced ‘TJ1400’ series
(b) Accenture access and aggregation routers.
(c) TCS Tejas Networks, an Indian company specializing
(d) IBM in optical, broadband, and data networking
(e) CTS products, operates on a global scale.
Answer: C
Tata Consultancy Services (TCS) announced 82. Madhya Pradesh government recently (May
that a consortium, headed by the prominent IT 2023) organized a free air travel facility for how
company, has been awarded an advance many senior citizens via flight to Prayagraj as a
purchase order worth more than ₹15,000 crore pilgrim?
by the government-owned BSNL. (a) 32
The order is specifically for implementing a (b) 25
nationwide 4G network in India. (c) 43
This development takes place amidst Reliance (d) 57
Jio and Bharti Airtel's ongoing efforts to expand (e) 19
their 5G infrastructure throughout the country. Answer: A
In preparation for the official launch of its 4G Madhya Pradesh government organized a free
services, state-owned Bharat Sanchar Nigam air travel facility for senior citizens going to
Limited (BSNL) introduced pilot-mode 4G Prayagraj as a pilgrim.
services in certain areas of Punjab on April 22. Madhya Pradesh government sent 32 senior
citizens on free pilgrimage via flight under the
MP government's scheme.
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It is for the first time the beneficiaries of the Kudumbashree was set up in 1997 following the
MukhyamantriTirth-DarshanYojana in Madhya recommendations of a three -member Task
Pradesh are traveling by air. Force appointed by the State government.
While the BJP regime in 2012 launched free-of- Its formation was in the context of the
cost travel via trains to pilgri mages, now devolution of powers to the Panchayat Raj
Chouhan has widened the scheme allowing free Institutions (PRIs) in Kerala, and the People’s
air travel too. Plan Campaign, which attempted to draw up the
MukhyaMantriTirth-DarshanYojana by air easily Ninth Plan of the local governments from below
available to the elders of the state will be through the PRIs.
launched on May 21 from Bhopal to Prayagraj.
84. Prime Minister Narendra Modi is set to
83.The largest network of women in Kerala attend the G7 Summit, unveiled a bust of
working to end poverty is called Kudumbashree, Mahatma Gandhi in which country, assumed
and it has finished ____________ recently (May the G7 Presidency in 2023?
2023). (a) England
(a) 15 (b) France
(b) 25 (c) Japan
(c) 50 (d) Germany
(d) 60 (e) Russia
(e) 20 Answer: C
Answer: B Prime Minister Narendra Modi, who is in Japan
Kudumbashree is the largest network of women at the invitation of Fumio Kishida to attend the
in Kerala for empowerment and poverty G7 Summit, unveiled a bust of Mahatma Gandhi
eradication, which is completed 25 years in Hiroshima.
recently. After the bust was unveiled, PM Modi paid floral
Kudumbashree is the poverty eradication and tributes to Mahatma Gandhi.
women empowerment program implemented by The G7 leaders are currently in Japan to attend
the State Poverty Eradication Mission (SPEM) the G7 Summit scheduled to be held in
of the Government of Kerala. Hiroshima from May 19-21. Notably, Japan
The name Kudumbashree in the Malayalam assumed the G7 Presidency in 2023.
language means ‘prosperity of the family’. The Summit is an international forum held
annually for the leaders of the G7 member
states of France, the United States, the United
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Kingdom, Germany, Japan, Italy, and Canada Nine months later, he earned his final GM-norm
(in order of rotating presidency), and the at the 2nd Chessable Sunway Formentera
European Union (EU). Open 2023.
Japan under its G7 Presidency has invited The first Indian Grandmaster was Viswanathan
leaders from Australia, Brazil, Comoros, Cook Anand, who held the title in 1988.
Islands, India, Indonesia, South Korea, and Sayantan Das became India's 81st
Vietnam. Grandmaster after his victory at the
India has been invited as a guest country for the International Festival des Jeux in Cannes,
G7 summit. France.
85. When V.Prraneeth defeated US GM Hans 86. In its reports, the 15th Finance Commission
Niemann in the Baku Open 2023's penultimate suggested that ____ new additional cities are
round, he became the sixth grandmaster from currently being examined for development after
Telangana and the ___ from India. the states submitted suggestions to the Central
(a) 49th Government for 26 new cities after the advice of
(b) 57th the finance committee.
(c) 64th (a) 5
(d) 75th (b) 8
(e) 82nd (c) 12
Answer: E (d) 7
V.Prraneeth became Telangana’s sixth and (e) 10
India’s 82nd Grandmaster when he outwitted Answer: B
GM Hans Niemann of the US in the penultimate A plan to develop eight new ci ties to alleviate
round of the Baku Open 2023. the population burden on the existing urban
The win against the top seed helped Prraneeth centers in the country is under consideration.
to cross ELO 2500 in the live ratings, 2500.5 to The 15th Finance Commission in one of its
be exact having already earned the third GM reports had recommended that new cities
norm in the earlier tournament. should be developed.
The 15-year-old Prraneeth earned his first GM- After the finance committee's recommendation ,
norm at First Saturday GM in March 2022 the states sent proposals to the Central
where he also became an IM and his second Government for 26 new cities, and after
GM-norm at Biel MTO in July 2022. scrutiny, eight new cities are being considered
for development.
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The government will in due course announce The Legislative Assembly of Kerala is also
locations for the new cities and their known as ‘Niyamasabha’. It is a five stories
development timelines. building.
When a new city is developed, social and It was inaugurated by K.R. Narayanan on 22
economic activities will increase within a radius May 1998. It is located inPalayam,
of at least 200 km. Thiruvananthapuram.
87. The Silver Jubilee Celebrations of the 88. On May 2023, at which place the Uni on
Kerala Legislative Assembly bui lding were Minister ParshottamRupala launched the Sagar
launched by Vice President Dhankhar. Where Parikrama Yatra Phase-V?
the Legislative Assembly of Kerala is located? (a) Kerala
(a) Malappuram (b) Maharashtra
(b) Kochi (c) Assam
(c) Kozhikode (d) Nagaland
(d) Thiruvananthapuram (e) Odisha
(e) Palakkad Answer: B
Answer: D Union Minister ParshottamRupala launched the
Vice President Dhankhar inaugurated the Silver Sagar Parikrama Yatra Phase -V at Karanja
Jubilee Celebrations of the Kerala Legislative (Raigad Dist.), Maharashtra on 17 May.
Assembly building. More than 6000 fishermen, fish farmers, and
Vice President JagdeepDhankhar was on a two- other dignitaries participated in the program at
day visit to Kerala. Karanja (Raigad Dist.).
He inaugurated the Silver Jubilee Celebrations The Sagar Parikrama fifth phase will be
of the Kerala Legislative Assembly building in organized at Raigad, Ratnagiri, and Sindhudurg
Thiruvananthapuram. Districts in Maharashtra and Vasco, Mormugao,
He also released a souvenir of the Kerala and Canacona in Goa.
Legislature International Book Festival. From a mere 7.5 lakh tons in 1950-51, India’s
The Vice President also visited the Indian Naval total fish production has reached a record
Academy at Ezhimala and interacted with the 162.48 lakh tons per annum in 2021-22, with a
cadets. 10.34% growth in fish production in 2021-22 in
He also visited the famous comparison to 2020-21.
SreePadmanabhaSwamy Temple in India is the 3rd largest fish-producing country
Thiruvananthapuram. with about 8% share in global fish production.
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It stands 2nd in aquaculture production and is Global plastic pollution can reduce by 80
one of the top cultured shrimps producing percent by 2040 if countries and companies
nations in the world. make deep policy and market shifts using
From mere 28.23 lakh tons per annum in 2000- existing technologies and shift to a circular
01, the inland fish production stood at 121. 21 economy, according to a new report launched
lakh tons per annum in 2021-22, a staggering by United Nations Environment Program
400 percent increase. (UNEP).
“Sagar Parikrama” is an evolutiona ry journey The report "Turning Off The Tap" was released
envisaged in the sea across the coastal belt ahead of the negotiations resuming in Paris
demonstrating solidarity with all fisher folk, fish seeking a global agreement to beat plastic
farmers, and concerned stakeholders as a spirit pollution.
of 75th Azadi Ka Amrit Mahotsav aiming to The report highlights the magnitude and nature
resolve the issues of the fishers and other of changes required to end plastic pollution and
stakeholders and facilitate their economic to create a circular economy to replace the
upliftment through various fisheries schemes widespread use of single-use plastics and their
and programs being implemented by the inappropriate disposal.
Government of India such as Pradhan Mantri According to the report, one million plastic
MatsyaSampada Yojana (PMMSY) and KCC. bottles are purchased every minute while up to
five trillion plastic bags are used worldwide
89. According to a new analysis released on every year.
May 2023 by the United Nations Environment In total, half of all plastic produced is designed
Program, if nations and businesses undertake for single-use purposes, the UNEP confirms.
significant policy and market changes utilizing About 400 million tonnes of plastic waste are
current technology and transition to a circular generated every year.
economy, global plastic waste could be reduced Countries need to eliminate unnecessary and
by 80% by which year? problematic plastic use. They need to make
(a) 2030 three market shifts — reuse, recycle, reorient,
(b) 2040 and diversify.
(c) 2048 It further adds that reuse systems provide the
(d) 2035 highest opportunity to reduce plastic pollution (a
(e) 2045 reduction of 30 percent by 2040) by replacing
Answer: B some of the most problematic and unnecessary
products.
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'Recycling' can help reduce plastic pollution by Card Verification Value (CVV) is a three or four-
an additional 20 percent, if only it becomes a digit number located on the back of a physi cal
more stable and profitable venture. debit or credit card.
The United Nations Environment Programme is It is used as an additional security measure to
responsible for coordinating responses to ensure that the person making the transaction is
environmental issues within the United Nations a legitimate cardholder.
system. The RBI had made it mandatory for all credit
Founded: 5 June 1972, Nairobi, Kenya and debit card data used in online, point-of-sale,
and in-app transactions to be replaced with
90. Recently (May 2023), the Card Verification unique tokens.
Value (CVV)-free transactions are now available RuPay, an Indian multinational financial
to RuPay debit, credit, and prepaid cardholders services and Payment Service System, was
who have tokenized their cards on the merchant launched by the National Payments Corporation
application or website. RuPay is developed by of India in 2014, to create a less cash economy
NPCI in which year? in India. The process of tokenization adopted by
(a) 2012 RuPay is in line with RBI’s guidelines.
(b) 2016
(c) 2010 91. The Reserve Bank of India (RBI) asked all
(d) 2018 to exchange Rs 2000 denomination banknotes
(e) 2014 from circulation by which month end of 2023?
Answer: E (a) December
RuPay has introduced the CVV (Card (b) September
Verification Value) free payment experience for (c) August
its debit, credit, and prepaid cardholders who (d) November
have tokenized their cards on the merchant (e) July
application or webpage. Answer: B
RuPay is a home-grown card network The Reserve Bank of India (RBI) has decided to
developed by NPCI. withdraw the Rs 2000 denomination banknotes
VISA has also launched CVV-free tokenized from circulation.
transactions for domestic payments in India It asked all to exchange these no tes by
adhering to the guidelines issued by the RBI. September 30, 2023.
The Clean Note Policy seeks to give the public
good-quality currency notes and coins with
Page 253 of 424
better security features, while soiled notes are In 1978, the government demonetized 1000-,
withdrawn out of circulation. 5000-, and 10000-rupee notes to curb the
Clean Note Policy is a policy adopted by RBI to menace of black money.
ensure the availability of good quality banknotes On November 8, 2016, PM Modi announced the
to the members of the public. decision of the government to demonetize
The RBI had earlier decided to withdraw from currency notes of Rs 500 and Rs 1,000 in a bid
circulation all banknotes issued before 2005 as to tackle corruption.
they have fewer security features as compared With the fulfillment of that objective, the printing
to banknotes printed after 2005. of ₹2000 banknotes was stopped in 2018-19.
However, the notes issued before 2005 A majority of the ₹2000 denomination notes
continue to be legal tender. were issued before March 2017 and are at the
As per Section 22 of the RBI Act 1934, RBI has end of their estimated life span of 4-5 years.
the sole authority to issue banknotes in India. The total value of these banknotes in circulation
RBI Act 1934 empowers RBI to issue all has declined from ₹6.73 lakh crore at its peak of
banknotes except 1 Rs. note. March 31, 2018 (37.3 percent of Notes in
Every currency note, other than Rs. 1 rupe e Circulation) to ₹3.62 lakh crore, constituting only
note, bears on its face a promise from the 10.8 percent of Notes in Circulation on March
Governor of RBI. 31, 2023.
The one rupee note carries the name of India's The three segments which will be affected by
Finance Secretary. this move will be gold &jewelry, real estate, and
Banknotes of ₹2,000 denomination were political parties.
introduced after₹1000 and ₹500 banknotes At a time only 10 notes of ₹2,000 can be
were demonetized on November 8, 2016. exchanged. Anyone can come back again as
Demonetization is the process through which a the restriction is at a time.
nation's economic unit of exchange loses its The latest RBI decision impacts just about 11%
legally enforceable validity. of currency in circulation and therefore will
It is a drastic intervention into the economy that probably trigger little chaos.
involves removing the legal tender status of a
currency. 92. The Ministry of Agriculture and Farmers
Previous demonetization - Demonetisation has Welfare (MoA&FW), Government of India is
been implemented twice: celebrating World Bee Day in Madhya Pradesh
In 1946, RBI demonetized 1000- and 10000- on which day with the theme of “Bee engaged in
rupee notes. pollinator-friendly agricultural production”?
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(a) May 15 (a) Born Too Soon: Decade of Action on

(b) May 18 Miscarriage
(c) May 22 (b) Born: Decade of Action on Baby Birth
(d) May 20 (c) Born Too Soon: Decade of Action on Pre-
(e) May 25 term Birth
Answer: D (d) Born Late: Decade of Action on Birth
The Ministry of Agriculture and Farmers Welfare (e) Born Too Soon: Decade of Action on Pre-
(MoA&FW), Government of India is celebrating Mature Birth
World Bee Day at Balaghat, Madhya Pradesh. Answer: C
World Bee Day is observed on 20 May each The report ‘Born Too Soon: Decade of Action
year to draw attention to the essential role bees on Pre-term Birth” was recently released by
and other pollinators play in keeping people and World Health Organization (WHO), United
the planet healthy. Nations Children’s Fund, and Partnership for
Theme - “Bee engaged in pollinator-friendly Maternal, Newborn and Child Health (PMNCH).
agricultural production” As many as 152 million babies were born too
National Beekeeping and Honey Mission soon in the world over the last decade. In the
(NBHM) aims the promotion and development pandemic year of 2020, that number was 13.4
of scientific beekeeping in mission mode to million.
achieve the goal of Sweet Revolution in the That year, India was among the top five
country. countries where babies were born too soon, or
The scheme is implemented by the National preterm – babies born alive before 37 weeks of
Bee Board (NBB) and is approved for three pregnancy (as opposed to full-term pregnancy
years from 2020 to 2023. that runs to at least 39 weeks) – as per a United
The scheme works under the Ministry of Nations-backed report published May 10.
Agriculture and Farmers’ Welfare. India was in the fourth position in terms of
It is a central sector scheme (100% central preterm birth rates in 2020. Almost half (45%) of
government funding). all preterm babies in that year were born in just
five countries: India, Pakistan, Nigeria, China,
93. Recently, the World Health Organisation and Ethiopia.
(WHO), United Nations Children's Fund, and The birth rate of preterm babies in India is 13.
Partnership for Maternal, Newborn and Child Bangladesh, however, leads this list, with a birth
Health (PMNCH) released a study, titled rate of 16.2, followed by Malawi (14.5) and
"_______". Pakistan (14.4).
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The “four Cs” are further adding to the issue of It can be because of Covid when other sectors
preterm births, the report noted. Conflict, fared poorly.
climate change, COVID -19, and the cost-of- The share of the crop sector dropped from 62.4
living crisis “heighten threats for the most percent to 54.9 percent in the total GVO
vulnerable women and babies in all countries”. between 2011-12 to 2020-21.
Within the crop sector, fruits and vegetables
94. According to a recent analysis by the account for the highest share of GVO, followed
Ministry of Statistics and Programme by cereals.
Implementation, the largest growth in gross Among the fruits, output was the highest for
value of output occurred in the livestock, fishery, mangoes, followed by bananas.
and aquaculture sectors. Which state recorded Among the vegetables, potatoes, and tomatoes
the highest output of cereals between 2011 –12 together saw the highest production, accounting
and 2020–21? for about 14 percent of the group.
(a) Karnataka West Bengal reported the highest output in
(b) Telangana fruits and vegetables in all these years (2011-12
(c) Tamil Nadu to 2020-21).
(d) Uttar Pradesh The GVO of cereals, at 3.36 trillion, was the
(e) Kerala highest among all crop groups in 2011-12.
Answer: D Uttar Pradesh (UP) recorded the highest output
A recent report by the Ministry of Statistics and of cereals in all the years (2011-12 to 2020-21).
program implementation (MoSPI) reiterates the
growing i mportance of the livestock and fishing 95. India recently (May 2023) proposed that the
sector in India’s agriculture mix. Shanghai Cooperation Organisation help the
Livestock, fishing, and aquaculture saw the creation and acceptance of the nation's digital
highest increase in gross value of output (GVO) public infrastructure (DP I). This proposal
between 2011-12 to 2020-21. includes which of the following facilities?
The livestock and fishing sector is dominated by (a) Aadhaar
private players and has little or no government (b) United Payments Interface
intervention. (c) DigiLocker
Share of GVA of agriculture and allied activities (d) Only A & B
(FY2021): it was 20.3 percent, and it was the (e) All of the above
highest in a decade in the country’s total GVA. Answer: E
Solution:
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The Shanghai Cooperation Organisation (SCO) Headquarters: Beijing, China, Founded: 15

has recently adopted India’s proposal to support June 2001.
the development and adoption of the country’s
digital public infrastructure (DPI). 96. Recently (May 2023), Home Minister Amit
The proposal includes platforms such as Shah laid the foundation for the National
Aadhaar, United Payments Interface (UPI), and Academy of Coastal Police in Dwarka, Gujarat
DigiLocker. with the cost of ______.
It is a significant step towards a more digitally (a) Rs 470 crores
connected and inclusive future for the region. (b) Rs 400 crores
DPIs are a set of shared digital building blocks (c) Rs 540 crores
powered by interoperable open standards or (d) Rs 320 crores
specifications. (e) Rs 300 crores
It helps mediate the flow of people, money, and Answer: A
information. The foundation stone of the National Academy
The flow of people through a digital ID System. of Coastal Police was laid in Dwarka, Gujarat by
The flow of money through a real-time fast Home Minister Amit Shah.
payment system. Union Home and Cooperation Minister Amit
The flow of personal information through a Shah was on a two-day visit to Gujarat.
consent-based data-sharing system to actualize On May 20, Shri Amit Shah laid the foundation
the benefits of DPIs and empower the citizen to stone for the permanent campus of the National
control data. Coastal Police Academy (NACP) at Dwarka in
India, through India Stack, became the first Gujarat.
country to develop all three foundational DPIs. It will be built for Rs 470 crores. The total
Digital identity through Aadhar; real -time fast strength of Coastal Police personnel across the
payment through UPI and a platform to safely country is around 12,000 and once this
share personal data- Account Aggregator built academy becomes fully operational, there will
on the Data Empowerment Protection be provision for training of 3,000 people in a
Architecture or DEPA. year.
These layers interface with each other to create In this way, within 4 years, 100% training of all
an ecosystem that facilitates seamless public the personnel engaged in coastal security of
service delivery and allows businesses to India will be completed.
design.
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During the function, he also virtually In addition, the President announced that timely
inaugurated five coastal posts of BSF located amendments would be made to tourism-related
on the Jakhau coast of the Kutch district. laws.
Various developmental projects of Gandhinagar Tourist destinations will be popularized in the
Municipal Corporation were inaugurated and the international community and necessary
foundation stone was laid by Shri Shah. infrastructure will be created accordingly.
In all the seven provinces, new tourist
97. The Bikram Samvat's 2080s will be known destinations will be identified and each province
as "the Visit Nepal Decade," with 2025 serving will be a cultural village.
as a significant year for tourism. The preside nt New mountains will be opened to climb and
of Nepal, made this declaration recently (May security arrangements for climbers and tourists
2023) when outlining the plans and initiatives for will be made more reliable.
the fiscal year 2080–2081. Who is the president
of Nepal? 98. On the fringes of the Forum for India-Pacific
(a) Joko Widodo Islands Cooperation (FIPIC) Summit in Papua
(b) HalimahYacob New Guinea, the Prime Minister of India
(c) Ram Chandra Poudel recently (May 2023) met with the leaders of
(d) Prayut Chan-o-cha Pacific Island countries. FIPIC is a global
(e) Xi Jinping alliance for collaboration between India and
Answer: C ____Pacific Island countries.
The 2080s of the Bikram Samvat will be marked (a) 23
as ' the Visit Nepal Decade' and the year 2025 (b) 10
as the special year for tourism. (c) 14
Nepal's President Ram Chandra Poudel (d) 18
announced this while presenting the policies (e) 20
and programs for the fiscal year 2080/81 at a Answer: C
joint sitting of the Federal Parliament. Recently, the Prime minister of India meets with
The tourism sector, which has seen huge losses Pacific Island nation leaders on the sidelines of
from the COVID crisis, is slowly recovering. the FIPIC Summit in Papua New Guinea.
From the beginning of 2023, about one lakh The third forum for India-Pacific Islands co-
tourists are visiting Nepal every month. operation (FIPIC Summit), which was held
today at Port Moresby was joi ntly hosted with
Papua New Guinea.
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The prime minister of India co -chaired the (d) 7

summit with the PM of Papua N ew Guinea. (e) 5
The discussions encompassed various areas of Answer: D
cooperation, including commerce, technology, PM MITRA Park will be established in Bhensola
healthcare, and climate change. village of the Dhar district of Madhya Pradesh.
Forum for India-Pacific Islands Cooperation On 21 May, in this regard, the Ministry of
(FIPIC) is a multinational grouping for Textiles and the Government o f Madhya
cooperation between India and 14 Pacifi c Pradesh signed an MoU in Dhar.
Islands nations. The PM MITRA Park will be spread over 1563
It includes 14 islands named- Cook Islands, Fiji, acres of land. The entire land is under the
Kiribati, Marshall Islands, Micronesia, Nauru, possession of MPIDC.
Niue, Samoa, Solomon Islands, Palau, Papua Under the PM Mega Integrated Textile Regions
New Guinea, Tonga, Tuvalu, and Vanuatu. and Apparel (PM MITRA) scheme, the
All Heads of state/heads of government of the government has announced to set up of seven
above countries met in Suva, Fiji in November mega textile parks.
2014 for the first time where the annual summit The Parks will come up in Tamil Nadu,
was conceptualized. Telangana, Gujarat, Karnataka, Madhya
The FIPIC initiative marks a serious effort to Pradesh, Uttar Pradesh, and Maharashtra.
expand India's engagement in the Pacific It will offer the opportunity to create an
region. Integrated Textiles Value Chain right from
In 2015, the FIPIC Trade Office at the spinning, weaving, processing/dyeing, and
Federation of Indian Chambers of Commerce & printing to garment manufacturing, etc. at one
Industry (FICCI) promoted Trade & Investment location and will reduce the logistics cost of the
opportunities between India & Pacific Island Industry.
Countries. The Central government’s budget outlay for the
scheme, which is ₹4,445 crore, is to be spent till
99. How many mega textile parks established 2027-28.
have been announced by the government as Special purpose vehicles, with a 51% equity
part of the PM Mega Integrated Textile Regions shareholding of the State government and 49%
and Apparel (PM MITRA) project? of the Centre, will be formed for each park.
(a) 9 The Central government will disburse
(b) 13 Development Capital Fund of ₹500 crores in
(c) 11 two tranches for each of the seven facilities.
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It will also give a Competitive Incentive Support crores through debt and ₹1,314 crores as equity
of ₹300 crores per park to be provided to the by the APMB and the Government of A.P.).
manufacturing units.
Nodal Ministry: Ministry of Textiles.
101. Amazon Web Services (AWS) wil l invest
100. As per the recent news (May 2023), around one lakh five thousand crore rupees by
Machilipatnam port construction work was 2030 on cloud-related infrastructure in
inaugurated i n which state? India.Who among the following is the CEO of
(a) Andhra Pradesh AWS?
(b) Telangana
(a) Jeff Bezos
(c) Tamil Nadu
(b) Adam Selipsky
(d) Uttar Pradesh
(c) Jamie Iannone
(e) Kerala
(d) Andy Jassy
Answer: A
(e) Brian T. Olsavsky
Andhra Pradesh Chief Minister will inaugurate
Answer: B
the Machilipatnam port constru ction works at
Amazon Web Services (AWS) announced plans
Manginapudi in Krishna district.
It is one of the three non -major ports to invest Rs 1,05,600 crore (USD 12.7 billion)
(Ramayapatnam in Nellore and Moolapeta in into cloud infrastructure in India by 2030 as it

Srikakulam district are the other two), being looks to meet growing customer demand for
developed by the AP Maritime Board (APMB) at cloud services in the country.
an estimated cost of ₹11,465 crore (₹5,253 The planned investment in data centre
crores and ₹6,212 crores in the first and second infrastructure in India will support an estimated
phases respectively), on a total extent of 3,700 average of 1,31,700 full-time equivalent (FTE)
acres. jobs in Indian businesses each year, Amazon's
The project is being implemented by
cloud computing unit AWS said in a statement.
Machilipatnam Port Development Corporation
These positions, including construction, facility
Limited, a special-purpose vehicle floated by the
maintenance, engineering, telecommunications,
State government.
and other jobs, are part of the data centre
The Power Finance Corporation Limited
supply chain in India.
sanctioned ₹3,940 crores as a loan for the
Adam Selipsky is the CEO of AWS.
construction of the greenfield port. The debt-
equity ratio has been pegged at 75:25 (₹3,940
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102. The Competition Commission of India (d) France

(CCI) granted approval for the proposed merger (e) Germany
of Credit Suisse Group AG with UBS Group AG. Answer: A
Where is the headquarters of the Credit Suisse The United Kingdom has announced ban on
Group AG with UBS Group AG located? Russian diamonds alongside the military -
(a) UK industrial complex and metals in fresh round of
(b) Sweden sanctions ahead of G7 meeting in Japan. In a
(c) Switzerland statement, UK government said, the ban has
(d) France also been announced on imports of Russian-
(e) Finland origin copper, aluminium and nickel. Along with
Answer: C these trade sanctions, the UK is also preparing
The Competition Commission of India (CCI) to target an additional 86 members of Russia’s
granted approval for the proposed merger of military-industrial complex as well as those
Credit Suisse Group AG with U BS Group AG, engaged in vital industries including energy,
two prominent Swiss-based multinational metals, and shipping.
investment banks and financial services
companies. The proposed combination entails 104. Eminent educationist Manoj Soni took oath
UBS’s proposed acquisition of Credit Suisse by as the chairman of the Union Public Service
way of an absorption merger with UBS being Commission (UPSC). Which of the following
the surviving legal entity.The headquarters of statement/s regarding Union Public S ervice
the Credit Suisse Group AG with UBS Group Commission (UPSC)is/are correct?
AG is located in Switzerland. (i) Union Public Service Commission (UPSC) is
a constitutional body.
103. Which of the following countriesannounced (ii) The Commission is headed by a chairman.
ban on Russian diamonds alongside the (iii) Excluding chairman, it can have a maximum
military-industrial complex and metals in fresh of 10 members.
round of sanctions ahead of the G7 meeting in (a) Only (i)
Japan? (b) Only (i) and (iii)
(a) UK (c) Only (ii)
(b) Canada (d) Only (iii)
(c) USA (e) All (i), (ii) and (iii)
Page 261 of 424
Answer: E inaugurated a virtual walkthrough of the

Eminent educationist Manoj Soni took oath as upcoming National Museum at the North and
the chairman of the Union Public Service South Blocks. The Prime Minister also took a
Commission (UPSC). He was administered the walkthrough of Techno Mela, Conservation Lab
oath of office and secrecy as chairman, UPSC and the Exhibitions showcased on the occasion.
by Smita Nagaraj, senior most member in the The International Museum Expo is being
Commission. organized as part of Azadi ka Amrit Mahotsav to
Union Public Service Commission (UPSC) is a celebrate the 47th International Museum Day
constitutional body. The UPSC conducts civil with the theme of the year ‘Museums,
services examination to select officers of Indian Sustainability and Well Being’.
Administrative Service (IAS), Indian Foreign
Service (IFS) and Indian Police Service (IPS) 106. In May 2023, the Supreme Court of India
among others. got two new judges Justice Prashant Kumar
The Commission is headed by a chairman and Mishra, the chief justice of the Andhra Pradesh
it can have a maximum of 10 members. High Court, and senior lawyer Kalpathy
Venkataraman Viswanathan. What is the
sanctioned strength ofthe Supreme Court?
105. In May 2023, Prime Minister, Shri (a) 30
Narendra Modi inaugurated the International (b) 32
Museum Expo 2023 at Pragati Maidan in New (c) 34
Delhi. Whichof the following is the theme of the (d) 35
expo? (e) 38
(a) Museums, Sustainability and Future Answer: C
(b) Museums, Sustainability and Well Being The Supreme Court of India got two new judges
(c) Museums, Sustainability and Conservation as Justice Prashant Kumar Mishra, the chief
(d) Museums, Sustainability and Green Future justice of the Andhra Pradesh Hig h Court, and
(e) Museums, Sustainability and Livelihood senior lawyer Kalpathy Venkataraman
Answer: B Viswanathan, were administered the oath of
The Prime Minister, Shri Narendra Modi office by Chief Justice of India DY
inaugurated the International Museum Expo Chandrachud.
2023 at Pragati Maidan in New Delhi. He also
Page 262 of 424
The Supreme Court has regained its full care and education sectors, at a total estimated
strength of 34 judges, including the CJI, for a cost of NRs. 80.33 million.
brief period as three judges -- Justice KM These two projects, namely, construction of
Joseph, Justice Ajay Rastogi, and Justice V Malagiri Shanti Yogashram, Ramechhap District
Ramasubramanian -- are demitting office during and Kedar Jyotipunja Multiple Campus, Doti
the summer vacation itself.With the retirements District of Nepal shall be implemented through
of Justice Dinesh Maheshwari and Justice MR Ramechhap Municipality and Badikedar Rural
Shah, the current strength of judges in the Municipality, respectively.
Supreme Court had fallen to 32 as against the The construction of the above projects will
sanctioned strength of 34. provide better health care and education
facilities for the local community and improve
107. The Embassy of India, Kathmandu and the the quality of life for people in Nepal.
Ministry of Federal Affairs and General
Administration, Government of Nepal signed 108. Which state government launched a
MoUs for undertaking two High Impact welfare fund for Mahatma Gandhi Rural
Community Development Projects (HICDPs) in Employment Guarantee Scheme workers in the
Nepal.In which of the following sectors will the State?
two Projects be implemented ? (a) Karnataka
(a)Transport and Education sectors (b) Tamil Nadu
(b) Health care and Transport sectors (c) Rajasthan
(c) Health care and Education sectors (d) Kerala
(d) Sanitation and Education sectors (e) Odisha
(e)Sanitation and Environment sectors Answer: D
Answer: C In a first in the country, the Kerala government
The Embassy of India, Kathmandu and Ministry launched a welfare fund for Mahatma Gandhi
of Federal Affairs and General Administration, Rural Employment Guarantee Scheme
Government of Nepal signed Memorandums of (MGNREGS) workers in the State.Launching
Understanding (MoUs) for undertaking two High the initiative, Chief Minister Pinarayi Vijayan
Impact Community Development Projects said the workers who have completed the age
(HICDPs) in Nepal under the grant assistance of 60 will be entitled for pension under the fund
of Government of India - one each in health which will also provide financial assistance for
Page 263 of 424
medical treatment, education, marriage, among services tax collections are 35 per cent higher
other benefits. than pre-Covid and services exports have risen
He said 27 lakh people in the State depend on by 84 per cent since Oct-20, Morgan Stanley
the MGNREGS and the government intends to said.
make use of the scheme for the social
development of Kerala. 110. Whichof the following three companies
was appointed by the government to manage
109. According to the Morgan Stanley report the initial public offer of the Indian Renewable
released in May 2023, India contribute __ to Energy Development Agency.?
global GDP growth over 2023 -24? (a) IDBI Capital, BOB Capital and Axis Capital
(a) 10 percent (b) IDBI Capital, BOB Capital and SBI Capital
(b) 14 percent (c) Axis Capital, BOB Capital and SBI Capital
(c) 16 percent (d) IDBI Capital, Axis Capital and SBI Capital
(d) 20 percent (e) IDBI Capital, Axis Capital and ICICI Capital
(e) 24 percent Answer: B
Answer: C The government has appointed IDBI Capital,
With the Indian economy being a key BOB Capital and SBI Capital to manage the
contributor for Asian economic growth initial public offer (IPO) of the Indian Renewable
outperformance, the broad-based recovery in Energy Development Agency (IREDA). IDBI
demand runs counter to the weakness seen Capital is the lead banker for the transaction.
outside Asia, said Morgan Stanley in a Separately, Saraf and Partners has been
report.According to Morgan Stanl ey, India is appointed as the legal adviser for the IPO.The
benefitting from a combinatio n of cyclical and IPO, which is expected in FY24, will likely
structural tailwinds and is expected to contribute consist of a 10% stake sale by the government
16 per cent of the global gross domestic product and 15% fresh equity issuance by the
(GDP) growth over 2023 -24. renewable energy project financier to fund its
The Purchasing Manager's Index (PMI) is at a business growth.
13-year high and manufacturing PMI is near a
11-year high, both well above that of other 111. Which of the followinghas become the first
economies; passenger vehicle sales are at 131 city in India to adopt the localisation of the
per cent of pre-Covid levels, real goods and
Page 264 of 424
United Nations-mandated sustainable (b) Kisan Vikas Patra

development goals (SDG)? (c) Mahila Samman Savings Certificate
(a) Kochi (d) Senior Citizens Savings Scheme Account
(b) Panaji (e) PM CARES for Children Scheme, 2021
(c) Chennai Answer: C
(d) Bhopal The Mahila Samman Savings Certificate
(e) Madurai (MSSC) scheme, which encourages women to
Answer: D invest, won't charge any tax on the interest
Bhopal in Madhya Pradesh has become the first earnings.The Union Ministry of Finance has
city in India to adopt the localisation of the included this scheme under sub -clause (c) of
United Nations-mandated sustainable clause (i) of sub-section (3) of section 194A in
development goals (SDG). MP’s capital city will the Income-tax Act, 1961. Thus, TDS on
now have voluntary local reviews (VLR) interest up to Rs 40,000 is exempted.
demonstrate local government’s capacity and Investing the maximum amount of Rs 2 lakh for
commitments. a two-year tenure with the interest compounding
Chief Minister Shivraj Chouhan launched an quarterly will take the total accrued amount to
Agenda for Action: Sustainable Urban Rs. 2,32,044. Since the interest earned in a
Transformation in Bhopal on May 12, 2023. financial year would be less than Rs 40,000,
The SDGs localisation is translating the agenda, hence no TDS would be applicable.
Transforming our world: the 2030 Agenda for However, the interest earned will be added to
Sustainable Development (known as Agenda the recipient’s total income for tax calculation. If
2030), into local actions and impacts that the sum exceeds the taxable limit, the
contribute to the global achievement of the applicable tax rate must be paid.
goals.
113. In addition to which of the following
112. In May 2023, w hich of the portfolios, Arjun Ram Meghwalhas been
followingschemewas included under sub-clause assigned the independent charge as Minister of
(c) of clause (i) of sub-section (3) of section State in the Ministry of Law and Justice in May
194A in the Income-tax Act, 1961 by the Union 2023?
Ministry of Finance? (a) Minister of State for Home
(a) Sukanya Samriddhi Account (b) Minister of State for Finance
Page 265 of 424
(c) Minister of State for Culture Chevalier de la Legion d'honneur, for his efforts
(d) Minister of State for Education to boost India-France trade relations.
(e) Minister of State for External Affairs The award was bestowed by French Minister for
Answer: C Europe and Foreign Affairs Catherine Colonna,
Arjun Ram Meghwal, who has been the minister who gave the award on behalf of French
of state for Culture, has been assigned the President Emmanuel Macron.
independent charge as Minister of State in the The Chevalier de la Légion d'honneur, which
Ministry of Law and Justice in addition to his translates to "Knight of the Legion of Honor," is
existing portfolios, in place of Shri Kiren Ri jiju. a prestigious award in France. It is the highest
Arjun Ram Meghwal, who is a post-graduate in civilian distinction awarded by the French
political science and also has law and MBA government to individuals who have made
degrees, was a Rajasthan Administrative significant contributions to society or have
Services officer before being promoted to the achieved outstanding accomplishments in their
IAS. Ahead of the 2009 Lok Sabha polls, respective fields. The award was established by
Meghwal took voluntary retirement to contest Napoleon Bonaparte in 1802 and is governed
from the Bikaner parliamentary constituency on by the National Order of the Legion of Honor.
a BJP ticket.
115. Genpact founder Pramod Bhasin has been
114. In May 2023, which of the following appointed the new chairman of the Data
countryhas conferred Natarajan Security Council of India (DSCI). Which of the
Chandrasekaranwith "Chevalier de la Légion followingorganisation establi shed the Data
d'Honneur" (Knight of the Legion of Honour) Security Council of India?
award? (a) Federation of Indian Chambers of
(a) Australia Commerce and Industry
(b) Sweden (b) Associated Chambers of Commerce and
(c) Norway Industry of India
(d) France (c) Confederation of Indian Industry
(e) Finland (d)India Trade Promotion Organisation
Answer: D (e) None of the above
Tata Group Chairman N Chandrasekaran has Answer: E
been conferred France's highest civilian award,
Page 266 of 424
Genpact founder Pramod Bhasin has been object of the new entity is to venture into the
appointed the new chairman of the Data renewable energy space.
Security Council of India (DSCI), effective April In a regulatory filing, the company said its board
1, 2023. of directors has approved the incorporation of a
Data Security Council of India (DSCI), is a not- new subsidiary in which INL will hold 74 per
for-profit, industry body on data protection in cent of equity share capital while the remaining
India, setup by NASSCOM®, committed to 26 per cent paid-up equity share capital will be
making the cyberspace safe, secure and trusted held by Apollo Hospitals Enterprises.
by establishing best practices, standards and
initiatives in cyber security and privacy. To 117. In May 2023, which of the following
further its objectives, DSCI engages with company has launched the New Fund Offering
governments and their agencies, regulators, (NFO) of the first defence sector fund in India?
industry sectors, industry associations and think (a) SBI Mutual Fund
tanks for policy advocacy, thought leadership, (b) ICICI Prudential Mutual Fund
capacity building and outreach activities. (c) HDFC Mutual Fund
(d) Kotak Mahindra Mutual Fund
(e) Aditya Birla Sun Life Mutual Fund
Answer: C
116. What is the name of the new subsidiary HDFC Mutual Fund has launched the New Fund
formed by Indo National (INL) as a joint venture Offering (NFO) of the first defence sector fund
(JV) with Apollo Hospitals Enterprises? in India, the HDFC Defence Fund (HDF). HDF
(a)NipponPure Energy Pvt Ltd aims to invest a minimum of 80 percent of the
(b) Nippon Green Energy Pvt Ltd corpus in shares of defence and allied sector
(c) NappoPure Energy Pvt Ltd companies. Defence and allied sector stocks
(d) Nappo Green Energy Pvt Ltd include (i) stocks forming part of certain eligible
(e) Nippo Green Energy Pvt Ltd ‘basic industries’ based on AMFI Industry
Answer: E classification including aerospace and defence,
Indo-National Ltd (INL) will set up a new explosives, shipbuilding and allied services, as
subsidiary ‘Nippo Green Energy Pvt Ltd’ as a amended from time to time; or (ii) Stocks from
joint venture with Apollo Hospitals Enterprises . any other defence and allied sectors as per the
The Chennai -based company said the main benchmark’s criteria; or (iii) stocks present on
Page 267 of 424
SIDM (Society of Indian Defence Answer: D

Manufacturers) list; and which obtain at least 10 The first India - EU Trade and Technology
percent of revenue from the defence segment. Council (TTC) meeting held in Brussels,
Belgium.
118. The Cabinet meeting chaired by Prime India and the European Union will coordinate
Minister Narendra Modi, approved the their policies with regards to the strategic
Production Linked Incentive (PLI) Scheme 2.0 semiconductor sector, with the aim of
for IT Hardware. What is the budgetary outlay of concluding a Memorandum of Understanding by
the PLI Scheme 2.0? Sept 2023. According to joint statement issued
(a) Rs 11,000 crore after the first India – EU Trade and Technology
(b) Rs 12,000 crore Council (TTC) meeting held in Brussels, the two
(c) Rs 15,000 crore sides will work towards bridging the digital skills
(d) Rs 17,000 crore gap, explore Mutual Recognition of certifications
(e) Rs 19,000 crore and make progress on the promotion of skilled
Answer: D professionals and exchange of talent.
The Cabinet, chaired by Prime Minister
Narendra Modi, approved the Production Linked 120. Every year, May 17 is observed as World
Incentive (PLI) Scheme 2.0 for IT Hardware with Hypertension Day. Which of the following
a budgetary outlay of Rs 17,000 crore.PLI statement/s regarding World Hypertension Day
Scheme 2.0 for IT hardware covers laptops, is/are incorrect?
tablets, all-in-one PCs, servers and ultra-small (i)World Hypertension League introduced World
form factor devices. Hypertension Day on May 14, in the year 2005.
(ii) From 2006, World Hypertension Day has
119. Where was the first India - EU Trade and been observed on May 17.
Technology Council (TTC) meeting held in May (iii) For this year (2023), the theme of World
2023? Hypertension Day is Measure your blood
(a) Australia pressure accurately, control it, Stay Healthy.
(b) Sweden (a) Only (i)
(c) Norway (b) Only (ii)
(d) Belgium (c) Only (iii)
(e) Finland (d) Only (i) and (ii)
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(e) All (i), (ii) and (iii) (a) Journalism

Answer: C (b) Sports
Every year, May 17 is observed as World (c) Politics
Hypertension Day. World Hypertension League (d) Education
is an umbrella of organisations from 85 (e) Business
countries dealing with hypertension societies Answer: E
and leagues. World Hypertension League Srichand Parmanand Hinduja the chairman of
introduced World Hypertension Day on May 14, the Hinduja Group, passed away in Lon don.
in the year 2005. From 2006, World Srichand Parmanand Hinduja, popularly known
Hypertension Day has been observed on May as SP Hinduja, was the founder of the Mumbai -
17. based Hinduja Group.According to the
For this year, the theme of World Hypertension Bloomberg Billionaires Index, SP Hinduja had
Day is Measure your blood pressure accurately, an estimated net worth of about $3.6 billion. In
control it, live longer. The low awareness of 2022, SP Hinduja and his younger brother
Hypertension among people creates the space Gopichand topped The Sunday Times Rich List
for the condition to get more serious. When for the fourth time, with an estimated net worth
Hypertension is regularly measured and kept of £28.5 billion ($36 billion).
under check, the risk of other chronic illnesses
also reduces significantly. Some of the 122. In May 2023, SBI Funds Management has
symptoms of high blood pressure include received RBI approval to increase stake in
headaches, nausea, vomiting, dizziness and which of the following banks to 9.99 percent in
difficulty in breathing. This day helps in six months?
promoting public awareness about (a)AXIS Bank
hypertension, and seek for treatment methods (b) ICICI Bank
to overcome it. World Hypertension Day also (c) HDFC Bank
helps in creating awareness about the healthy (d) HSBC Bank
lifestyle choices that we can adapt to avoid (e) UCO Bank
hypertension. Answer: C
The Reserve Bank of India (RBI) has allowed
121. SP Hinduja, who passed away recently, is SBI Funds Management Limited (SBIFML) to
related to which of the following fields? buy up to 9.99 per cent stake in HDFC Bank. It
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said the central bank has advised the SBIFM to percent in 2023 and 6.7 percent in 2024. With
acquire the stake within six months i.e. by this, India is expected to remain the fastest-
November 15, 2023. "Further, SBIFML must growing major economy in the world. The
ensure that the aggregate holding in the Bank growth will be supported by resilient domestic
remains below 10 per cent of the paid-up share demand. The UN report said that India remains
capital or voting rights of the Bank at all times," a bright spot amid global economic uncertainty.
the bank said in an exchange filing.
HDFC Bank, the country's largest private sector 124. National Logistics Management Seminar,
lender, said the RBI in a letter dated May 16, LOGISEM – 23was held at New Delhi.What is
2023 addressed to SBIFML accorded its the theme of the seminar?
approval to SBIFML for acquiring up to 9.99 per (a) Leverage Emerging Global Supply Chain to
cent of the paid-up share capital or voting rights Enhance Logistics Capabilities
of HDFC Bank. The approval has been granted (b) Leverage Emerging Global Supply Chain
with reference to the application made by and EmergingLogistics Capabilities
SBIFML to RBI. (c) Leverage Emerging Global Supply Chain to
Enhance Logistics Capabilities While Absorbing
123. As per the World Economic Situation and Disruptions
Prospects report in May 2023, India is expected (d) Leverage Emerging Global Supply Chain
to grow by 5.8 percent in 2023 and 6.7 percen t and Enhance Logistics Capabilities While
in 2024. Which of the following releases World Absorbing Disruptions
Economic Situation and Prospects report? (e) Leverage Emerging Global Supply Chain
(a) World Trade Organization and Enhance Logistics Capabilities To Avoid
(b) United Nations Disruptions
(c)World Bank Answer: C
(d) International Monetary Fund National Logistics Management Seminar,
(e) Asian Development Bank LOGISEM - 23, on the theme 'Leverage
Answer: B Emerging Global Supply Chain to Enhance
The World Economic Situation and Prospects Logistics Capabilities While Absorbing
report released by the United Nations has Disruptions', was held on 16 May 2023 at AF
reposed its faith in the Indian economy. The Auditorium, New Delhi. Air Chief Marshal VR
report said that India is expected to grow by 5.8
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Chaudhari, Chief of the Air Staff inaugurated the (a) Austria

Seminar and delivered the key-note address. (b) Sweden
(c) Norway
125. Where did Gajraj Corps of the Indian Army (d) Germany
conduct a Joint Flood Relief 'Exercise Jal Rahat' (e) Spain
in May 2023? Answer: D
(a) Sri Lanka German retailer METRO AG announced the
(b) Myanmar completion of the sale of its Indian cash & Carry
(c) India business to Reliance Retail Ventures Ltd
(d) Bangladesh (RRVL), which holds the retail empire of
(e) Nepal Reliance Industries Ltd. The headquarters of
Answer: C the METRO AGis located inDüsseldorf,
Gajraj Corps of the Indian Army conducted a Germany.
Joint Flood Relief 'Exercise Jal Rahat' at The deal includes all 31 wholesale stores
Hagrama Bridge on Manas River, Assam to operated by METRO Cash & Carry India and
validate joint drills and coordinate preparedness the entire real estate portfolio (6 store-occupied
by multi-agency flood relief columns. properties) to RRVL.
Apart from Indian Army- SSB, National Disaster METRO and RRVL in December 2022
Response Force (NDRF), State Disaster announced a deal for the acquisition of German
Response Force (SDRF), District Disaster firm's wholesale operations in India by billionaire
Management Authority (DDMA) and police Mukesh Ambani-led firm for ₹2,850 crore.
representatives took part. The event included
coordination and rehearsals for rescue mission 127. The Union Government has set up the
of people from inundated areas by joint efforts Centre for Processing Accelerated Corporate
of specialist teams from Army, NDRF and Exit (C-PACE) to ensure timely and process -
SDRF. bound deregistering of companies from records.
Where is the Centre for Processing Accelerated
126. In May 2023, Retail Comp any METRO Corporate Exit located?
completed ₹2,850 cr deal with Reliance Retail (a) Karnataka
to sell its India Cash & Carry business.Where is (b) Madhya Pradesh
the headquarters of the METRO AGlocated? (c) Maharashtra
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(d) Haryana The World Bank has approved a grant of Rs 51

(e) Tamil Nadu crore to set up an integrated road safety
Answer: D enforcement system in Shimla and Nurpur
The Government has set up the Centre for police districts and develop the Palamp ur-
Processing Accelerated Corporate Exit (C - Sheela chowk in Kangra as a "safe corridor".
PACE) to ensure timely and process -bound The project envisages the establishment of a
deregistering of companies from records as well traffic enforcement control room in Shimla and
as provide more meaningful data to the the allocation of funds for interceptors and
stakeholders.The center has been set up by the patrol vehicles, an intelligent traffic
corporate affairs ministry.The establishment of management system, artificial intelligence (AI)
the C-PACE will help to reduce the stress on cameras and rescue equipment.
the Registry along with keeping the registry
clean besides availability of more meaningful 129. Which of the following ministries un veiled
data to the stakeholders. The C-PACE will also the ambitious "75/25" initiativeto combat the
benefit the stakeholders by providing hassle- rising burden of non-communicable diseases
free filing, timely and process-bound striking off (NCDs)?
their company’s names from the register. (a) Ministry of Home
The center is situated at the Indian Institute of (b) Ministry of Health and Family Welfare
Corporate Affairs (IICA) in Manesar, Haryana. (c) Ministry of Road Transport
(d) Ministry of External Affairs
128. How much grant has the World Bank (e) Ministry of Finance
approved to set up an integrated road safety Answer: B
enforcement system in Shimla and Nurpur In a significant move to combat the rising
police districts and develop the Palampur- burden of non-communicable diseases (NCDs),
Sheela chowk in Kangra as a "safe corridor"? the Union Health Ministry of India unveiled the
(a) Rs 31 crore ambitious "75/25" initiative. The program aims
(b) Rs 41 crore to ensure that 75 million individuals suffering
(c) Rs 45 crore from hypertension and diabetes receive
(d) Rs 51 crore standardised care by 2025, primarily through
(e) Rs 59 crore Primary Health Centers (PHCs).
Answer: D
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Under the initiative, the government plans to ranks, respectively, in the first quarter of 2022
train approximately 40,000 Primary Health Care calendar year.
Medical Officers on the Standard Treatment
Workflow for NCDs. This training will be 131. In May 2023, the central government has
facilitated through the Shashakt Portal, enabling appointed Ravneet Kaur, as the Chairperson of
healthcare professionals to provide improved the Competition Commission of India
services at the community level. (CCI).What is the composition of the
Competition Commission of India?
130. Mumbai ranks sixth among 46 cities (a) Chairperson and three Members
globally in terms of annual price growth of high- (b) Chairperson and four Members
end residential properties with appreciation of (c) Chairperson and five Members
5.5%, according to Knight Frank. What is the (d) Chairperson and six Members
rank of Bengaluru and New Delhi ? (e) Chairperson and two Members
(a) 10thand 12nd Answer: D
(b) 16th and 22nd The government has appointed Ravneet K aur
(c) 16th and 12nd as the Chairperson of the Competition
(d) 10th and 22nd Commission of India (CCI), according to an
(e) 10th and 20nd official order.
Answer: B There has been no full-time Chairperson for the
Mumbai ranks sixth among 46 cities globally in competition regulator since Ashok Kumar Gupta
terms of annual price growth of high -end demitted office in October 2022.
residential properties with appreciation of 5.5%, CCI Member Sangeeta Verma has been acting
according to Knight Frank. Real estate as the Chairperson since October last year.
consultant Knight Frank India in its report 'Prime The appointment of Ravneet Kaur, a 1988
Global Cities Index Q1 2023' said that Mumbai, Punjab cadre IAS officer, will be for a period of
Bengaluru and New Delhi have registered an five years from the date of assuming charge or
increase in average annual prices in January- till the date of attaining the age of 65 years or
March 2023. until further orders, whichever is the earliest, as
Bengaluru and New Delhi also witnessed an per the order dated May 15.CCI consists of a
upward movement in index ranking to 16th and chairperson and 6 Members appointed by the
22nd ranks from their previous 37th and 39th Central Government.
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(b) HDFC Bank

132. Who among the following was appointed (c) HSBC Bank
as the chairman of the Petroleum and Natural (d) Federal Bank
Gas Regulatory Board (PNGRB)? (e) ICICI Bank
(a) Gajendra Singh Answer: E
(b) Anjani Kumar Tiwari Food and grocery delivery company Zomato
(c) Ajit Kumar Pande has rolled out its own unified payments interface
(d) Anil Kumar Jain (UPI) offering, called Zomato UPI, which it has
(e) S Krishnan launched in partnership with ICICI Bank,
Answer: D according to the company’s website.
The government has appointed seasoned With the introduction of Zomato UPI, customers
bureaucrat and gas sector expert Anil Kumar can now sign up to create a new UPI ID after
Jain as the new Chairman of the oil and gas which they will be able to make payments by
sector regulatory body, PNGRB, an official staying on the Zomato app itself, and will not be
order said. redirected to another app like Google Pay,
The Appointments Committee of the Cabinet PhonePe, or others, as is the case for certain
(ACC) approved the appointment of Jain, who users currently.
retired as coal secretary in October last year, as
the new Chairman of the Petroleum & Natural 134. Which of the following countries along with
Gas Regulatory Board (PNGRB). India has launched 50 Startups E xchange
The ACC has approved the proposal of the Programme?
Ministry of Petroleum and Natural Gas (a) Sri Lanka
(MoPNG), based on the recommendations of (b) Myanmar
the Search Committee, for the appointment of (c) USA
Anil Kumar Jain. (d) Bangladesh
(e) Nepal
133. Zomato has rolled out its own unified Answer: D
payments interface (UPI) offe ring named The first group of 10 startup companies under
Zomato UPI. Zomato has launched in the 50 startups exchange programme between
partnership with which of the following banks? India and Bangladesh returned to Dhaka after
(a) Axis Bank completing a successful five-day visit to India
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recently. These startups belong to sectors such The Reserve Bank of India has imposed Rs 5
as e-commerce, health, transport and logistics, lakh penalty on Mizoram Rural Bank and Rs 2
energy, education and skill development. lakh penalty on Tripura Gramin Bank release
This visit of 10 Bangladeshi startups to India said. According to the release, the penalty was
has kick started the 50 startups exchange levied on both banks as they failed to categorize
programme. It has the potential of augmenting certain loan accounts as non-performing in line
cooperation in new and emerging areas, cutting with the Income Recognition and Asset
edge technology, entrepreneurship and Classification (IRAC) norms.
innovation,
Under this programme, 50 startups from 136. Who is the head of the committee formed
Bangladesh and 50 startups from India will by the Insurance Regulatory and Development
exchange visits to each other’s countries for Authority (IRDAI) to advise it on subjects related
exploring partnerships, expanding business to mental health and insurance?
relations, sharing experience and knowledge (a) Amrapali Gan
and expanding youth and entrepreneurial (b) Pratima Murthy
cooperation. The framework of the programme (c) Leena Nair
was decided by the Prime Ministers of the two (d) Sharmistha Dubey
countries during their recent bilateral summits. (e) Revathi Advaithi
Answer: B
135. In May 2023, RBI imposed a penalty on India’s Insurance Regulatory and Development
Mizoram Rural Bank and Tripura Gramin Bank Authority (IRDAI) has set up a five-member
as both banks failed to categorize certain loan expert committee to advise it on subjects
accounts as non-performing in line with the related to mental health and insurance.
IRAC norms. What does IRAC stand for? The Committee chaired by N ational Institute of
(a) Income Recovered and Asset Category Mental Health and Neurosciences (NIMHANS)
(b) Income Recognition and Asset Classification director Pratima Murthy, includes medical
(c) Income Recognition and Asset experts and insurers as its members.
Categorization The committee will remain effective for 2 years
(d) Income Received and Asset Categorization & provide advice on current and future
(e) Income Recovered and Asset Classification coverages on mental illnesses.
Answer: B
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It will also help with the terminology, concept socio-emotional-ethical development of

and different aspects from the point of view of children.
the medical domain. EECE is the main component of Mission
Saksham Anganwadi and Poshan 2.0 (Mission
137. In May 2023, the Union Government Poshan 2.0).The Ministry has allocated Rs 600
launched the 'Poshan Bhi, Padhai Bhi' crore for the training of Anganwadi Workers
schemewith the aim of strengthening Early (AWW) to effectively implement ECCE.
Childhood Care and Education (ECCE). What is
the budget allocated for the training of 138. Which of the followingports h as bagged the
Anganwadi Workers (AWW) to effectively Sagar Shreshta Award of the Ministry of Ports
implement ECCE? Shipping & Waterways for best performance
(a) Rs 200 crore among all Indian Major Ports for best
(b) Rs 300 crore turnaround time in the non -container port
(c) Rs 400 crore category?
(d) Rs 500 crore (a) Kochi Port
(e) Rs 600 crore (b) Kandla Port
Answer: E (c) Ennore Port
Union Minister Smriti Irani launched the 'Poshan (d) Haldia Port
Bhi, Padhai Bhi' scheme. The main aim of the (e) Kolkata Port
'Poshan Bhi, Padhai Bhi' scheme is to Answer: A
strengthen Early Childhood Care and Education Cochin Port has bagged Sagar Shreshta Award
(ECCE). of the Ministry of Ports Shipping & Waterways
'Poshan Bhi, Padhai Bhi' scheme will help in for best performance among all Indian Major
making world's largest, universal, high-quality Ports for the best turnaround time in the non -
preschool network in India. container port category, during the year 2022 -
Its main target is the overall development of 23.
children in every domain that is mentioned in The award is in recognition of the excellent
the National Curriculum Framework. performance of Cochin Port in handling dry bulk
It will help in the physical and motor and liquid bulk cargo vessels.
development, cognitive development, and The Best Absolute Performance Award for the
year 2022-23 has been awarded to Deendayal
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Port, Kandla for handling the highest ever cargo About 150 foreign guests are participating in the
of 137.56 MMT. conference, including representatives from D8,
Paradip Port has received the award for Best SAARC and BIMSTEC.
Performance shield on Ship Berth Day Output. 5th Indian Ocean Conference - IOC 2021 was
Kamarajar Port has been adjudged successful organised by India Foundation in association
in pre-berthing detention time. with its partner organisations from UAE,
Cochin Port has been given the trophy for better Singapore and Sri Lanka on December 4 -5,
performance in turn-around-time (non-container 2021 in Abu Dhabi, UAE.
port).
140. Linda Yaccarino, who was in the news
139. The 6th Indian Ocean Conference (IOC) is recently, is related to which of the following
being hosted by Bangladesh and is being held companies?
in Dhaka. Which country organised the 5th (a) Twitter
Indian Ocean Conference - IOC 2021? (b) Google
(a) Sri Lanka (c) Yahoo
(b) UAE (d) Adobe
(c) India (e) Amazon
(d) Bangladesh Answer: A
(e) Nepal Twitter Chief Executive Officer (CEO) Elon
Answer: C Musk announced that Linda Yaccarino will be
The 6th Indian Ocean Conference (IOC) is the social media platform's next CEO. She
being hosted by Bangladesh and is being held would succeed Elon Musk.
in Dhaka.High-level government delegations Linda Yaccarino is the first female Twitter CEO
and think tanks from around 25 countries are & also the first to come from non tech
expected to participate in the IOC.The background.
conference was inaugurated by Prime Minister
Sheikh Hasina. 141. Innovations for Defence Excellence, the
Aspects of strengthening cooperation among flagship initiative of the Ministry of Defence, has
the countries of the Indian Ocean region were reached a milestone with the signing of its 250th
discussed in the meeting. contract. When was theiDEX framework
launched by the Government of India?
Page 277 of 424
(a) 2014 (a) INS Mormugao

(b) 2016 (b) INS Pralaya
(c) 2018 (c) INS Kamorta
(d) 2020 (d) INS Shivalik
(e) 2021 (e) INS Tarkash
Answer: C Answer: A
Innovations for Defence Excellence, the flagship A BrahMos supersonic cruise missile was
initiative of Ministry of Defence, has reached a successfully test-fired from the Indian Navy's
milestone with the signing of its 250th contract - frontline guided missile destroyer INS
first under Mission DefSpace - and 100th Mormugao. INS Mormugao, the latest guided -
SPRINT (Navy) contract in New Delhi. missile destroyer, successfully hit 'bulls eye'
The contracts were signed in the presence of during her maiden BrahMos supersonic cruise
Defence Secretary Shri Giridhar Aramane and missile firing.BrahMos Aerospace Pvt Ltd, an
other senior civil & military officials.The first India-Russian joint venture, produces the
iDEX contract of Mission DefSpace was supersonic cruise missiles that can be launched
exchanged between Additional Secretary from submarines, ships, aircraft, or land
(Defence Production) & CEO Defence platforms.
Innovation Organisation (DIO) Shri T Natarajan BrahMos missile flies at a speed of 2.8 Mach or
and CEO, InspeCity Shri Arindrajit Chowdhary, almost three times the speed of sound. India is
one of the winners of the challenge also exporting BrahMos missiles.
‘Micropropulsion system for cubesats’. This
challenge is being led by the Defence Space 143. International Day of Living Together in
Agency. Peace is observed on May 16 every year. When
The iDEX framework was launched by the was May 16 established as the International
Prime Minister in 2018 wi th the objective to Day of Living Together in Peace?
provide a platform of co-creation & co- (a) 2001
development in defence. (b) 2005
(c) 2010
142. In May 2023, from which of the following (d) 2017
Indian Navy Ship, the BrahMos supersonic (e) 2019
cruise missile successfully test-fired? Answer: D
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International Day of Living Together in Peace is education, and sustainable development, and in
observed on May 16 every year to promote fields as diverse as medicine, communications,
peace, tolerance, inclusion, understanding, and and energy. The celebration will allow many
solidarity among individuals and communities different sectors of society worldwide to
worldwide. This day aims to highlight the participate in activities that demonstrate how
importance of fostering peaceful coexistence, science, technology, art and culture can help
mutual respect, and harmony among people achieve the goals of UNESCO – building the
from diverse backgrounds. foundation for peaceful societies.
In 2017, the UN General Assembly solidified its
commitment by establishing May 16 as the 145. Arinze Ifeakandu, who won the 2023
International Day of Living Together in Peace, Swansea University Dylan Thomas Prize
promoting inclusion, tolerance, solidarity, and belongs to which of the following countries?
peace among diverse communities worl dwide. (a) Eritrea
(b) Kenya
144. When was the International Day of Light (c) Ghana
observed every year? (d) Nigeria
(a) May 10 (e) Congo
(b) May 11 Answer: D
(c) May 12 Nigerian writer Arinze Ifeakandu has won the
(d) May 14 2023 Swansea University Dylan Thomas Prize,
(e) May 16 one of the world’s largest literary prizes for
Answer: E young writers. The winning work was his debut
The International Day of Light is celebrated on short story collection celebrating queer love in
16 May each year, the anniversary of the first Nigeria titled God’s Children Are Little Broken
successful operation of the laser in 1960 by Things (2022).The prize, which recognises
physicist and engineer, Theodore Maiman. This literary works by authors aged 39 or under, is
day is a call to strengthen scientific cooperation one of the most prestigious awards for young
and harness its potential to foster peace and writers.
sustainable development. Ifeakandu’s debut short story collection, God’s
The International Day of Light celebrates the Children Are Little Broken Things, features nine
role light plays in science, culture and art, stories that examine queer love, family and
Page 279 of 424
loneliness against the backdrop of Nigerian (i) Gallantry Awards have been instituted by the
society. Government of India to honour the acts of
bravery and sacrifice of the officers/personnel of
146. The Great Prayer Festival, "Ladakh the Armed Forces only.
MonlamChenmo," a mass prayer camp by (ii) These gallantry awards are announced only
Buddhist monks and nuns for world peace and once a year (on the occasion of Republic Day)
happiness started recently in Leh, Ladakh. (iii) Three gallantry awards, namely Param Vir
Since when this festival is celebrated? Chakra, Maha Vir Chakra and Vir Chakra, were
(a) 1991 instituted by the Government of India on 26th
(b) 1994 January, 1950.
(c) 1996 (a) Only (i)
(d) 2000 (b) Only (i) and (ii)
(e) 2004 (c) Only (ii)
Answer: A (d) Only (ii) and (iii)
The Great Prayer Festival, "Ladakh (e) All (i), (ii) and (iii)
MonlamChenmo," a mass prayer camp by Answer: B
Buddhist monks and nuns for world peace and The President of India recently conferred 37
happiness started recently in Leh, Ladakh. The Gallantry awards, including eight Kirti Chakras
festival is celebrated since 1991. and 29 Shaurya Chakras, during Defence
The annual Mass Prayer is resuming this year Investiture Ceremony (Phase -1) held in New
after three years of discontinuation due to Delhi
Covid. They have been instituted by the Government of
The event is being organised by the All Ladakh India to honour the acts of bravery and sacrifice
Gonpa Association. SmonlamChenmo is a of the officers/personnel of the Armed Forces,
major annual prayer of the Sangha Community other lawfully constituted Forces and civilians.
of Ladakh gathered at one platform. These gallantry awards are announced twice a
year - first on the occasion of the Republic Day
147. In May 2023, the President of India and then on the occasion of the Independence
conferred 37 Gallantry awards. Which of the Day.
following statement/s about the Gallantry Three gallantry awards, namely Param Vir
Awards is/are incorrect? Chakra, Maha Vir Chakra and Vir Chakra, were
Page 280 of 424
instituted by the Government of India on 26th Indian industry, thereby providing impetus to the
January, 1950. growth in economy, enhanced investment in
The order of precedence of these awards is the defence and reduction in import dependence of
Param Vir Chakra, the Ashoka Chakra, the DPSUs.
Mahavir Chakra, the Kirti Chakra, the Vir The items that figure in the PIL will only be
Chakra and the Shaurya Chakra. procured from the indigenous industry after the
In the list, Mumbai -based Mazagon Dock
148. In May 2023, Defence Minister approved Shipbuilders Limited (MDL), a leading PSU
the 4th Positive Indigenisation List (PIL) of 928 shipyard, has decided to buy a maximum of
strategically-important Line Replacement Units over 870 items.
(LRUs)/Sub-systems/Spares &
Components. Which of the following defence 149. National D engue Day is observed on May
PSU has decided to buy a maximum of over 16 every year. What is the theme of National
870 items? Dengue Day this year (2023)?
(a) Bharat Electronics Limited (a) Fight Mosquitos, Safety Lives
(b) Mazagon Dock Limited (b) Fight Mosquitos, Safety First
(c) Bharat Earth Movers Limited (c) Fight Dengue, Save Lives
(d) Goa Shipyard Limited (d) Fight Mosquitos, Save Lives
(e) Hindustan Aeronautics Limited (e) Fight Dengue, Safety First
Answer: B Answer: C
Defence Minister Shri Rajnath Singh approved On 16 May each year, National Dengue Day is
the 4th Positive Indigenisation List (PIL) of 928 observed. The Ministry of Health and Family
strategically-important Line Replacement Units Welfare has officially announced the annual
(LRUs)/Sub-systems/Spares & Components, observance of National Dengue Day to create
including high-end materials & spares which will awareness and promote measures to prevent
help the government avoid imports worth ₹715 the disease. The National Dengue Day theme
crore. for this year(2023) is "Fight Dengue, Save
The DPSUs will undertake indigenisation of Lives".
these items through different routes under
‘Make’ category and in-house development Primary Tag: Important Days
through the capabilities of MSMEs and private Secondary Tag: Outline
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150. Which of the following days has been live on Card on File Tokenization for its
declared as the ‘AIFF Grassroots Day’ by The domestic ecommerce transactions?
All-India Football Federation? (a) 2018
(a) June 3 (b) 2019
(b) June 2 (c) 2020
(c) June 20 (d) 2021
(d) June 13 (e) 2022
(e) June 23 Answer: D
Answer: E The National Payments Corporation of India
The All-India Football Federation has declared (NPCI) said RuPay has now introduced the
June 23, the birthday of Indian football icon CVV (Card Verification Value) free payment
Pradip Kumar Banerjee, as the ‘AIFF experience for its debit, credit and prepaid
Grassroots Day’. cardholders who have tokenized their cards on
Popularly known as PK, the late Banerjee the merchant application or webpage.
captained the Indian team in the 1960 Rome This new CVV-less experience ensures that the
Olympics and enjoyed a stellar career as a cardholder will not have to reach out to their
player before taking up coaching, where he also wallet or remember any card details, if they
tasted plenty of success.Explaining the reason have saved (tokenized) their card on the
behind choosing PK’s birthday, AIFF secretary ecommerce merchant which supports this
general Shaji Prabhakaran said, “We often feature, NPCI said in a statement.
forget Pradip da was a teacher par excellence RuPay, the homegrown card network developed
too. Once he hung up his boots, he took up by NPCI, went live on Card on File Tokenization
coaching and for the next 30 years, produced in 2021, in line with RBI's guidelines, for its
an array of players, who excelled at the national domestic ecommerce transactions to e nsure
and international levels. better security for all its cardholders.
151. RuPay has now introduced the CVV (Card 152. In May 2023, which of the following
Verification Value) free payment experience for ministries launched“Meri LiFE, Mera Swachh
its debit, credit and prepaid cardholders who Shehar” campaign?
have tokenized their cards on the merchant (a) Ministry of Panchayati Raj
application or webpage.When wasRuPaywent (b) Ministry of Housing and Urban Affairs
Page 282 of 424
(c) Ministry of Information and Broadcasting Answer: D

(d) Ministry of Commerce The Ministry of Civil Aviation in collaboration
(e) Ministry of Education with the Federation of Indian Chambers of
Answer: B Commerce & Industry (FICCI) organized a
Minister for Housing and Urban Affairs, Shri curtain raiser ahead of Wings India 2024 in New
Hardeep S. Puri launched MoHUA’s mega Delhi on 18th May, 2023.Scheduled to take
campaign ‘Meri LiFE, Mera Swachh place from 18th to 21st January 2024 in
Shehar’.Reuse and upcycling of common Hyderabad, Wings India 2024, is expected to be
household goods has been an integral part of Asia's largest event on Civil Aviation on
Indian culture. Taking a cue from this shared Commercial, General and Business Aviation.
habit, the Ministry of Housing and Urban Affairs Wings India 2024 will bring together various
(MoHUA)’s campaign titled – ‘Meri LiFE, Mera stakeholders and participants from all over the
Swachh Shehar’ is launched to champion the world from the aviation industry to promote
RRR’s of waste management- Reduce, Reuse, collaboration, showcase innovations and
and Recycle. Urban India is increasingly explore business opportunities.
adopting the principles of making ‘Wealth’ from
waste with citizens actively refurbishing old 154. In May 2023, NTPC Green Energy Ltd.
items for reuse. This is giving an impetus to the (NGEL) signedan MoU with HPCL Mittal Energy
overall zero-waste ecosystem under Swachh Ltd. (HMEL). As per the MoU, HMEL will source
Bharat Mission-Urban 2.0. ____Renewable Energy from NGEL.
(a) 150 MW
153. The Ministry of Civil Aviation in (b) 200 MW
collaboration with FICCIorganized a curtain (c) 250 MW
raiser ahead of Wings India 2024 in New Delhi. (d) 300 MW
In which of the following cities will Wings India (e) 500 MW
2024 be held in 2024? Answer: C
(a) Delhi In order to realize green energy and green
(b) Chennai hydrogen objectives and the GOI’s efforts
(c) Kanpur towards energy transition, NTPC Green Energy
(d) Hyderabad Limited (NGEL) and HPCL Mittal Energy
(e) Roorkee
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Limited (HMEL) signed a Memorandum of (d) Measurements supporting the global Trade
Understanding (MoU) in New Delhi. system
The MoU envisages to collaborate in the field of (e) Measurements supporting the World Trade
Renewable Energy through sourcing of 250 MW system
RE-RTC (Round-The-Clock) power to meet the Answer: C
requirement of HMEL and also exploring CSIR-National Physical Laboratory, organized
opportunities in the Green Hydrogen business & and celebrated the World Metrology Day (WMD)
its derivatives (Green Ammonia & Green 2023 on 19th May, 2023 in association with
Methanol). Metrology Society of India (MSI).World
NTPC is India’s largest Power Utility with core Metrology Day is an annual celebration
business of power generation having a total commemorating the signature of the Metre
installed capacity of 72 GW (including JVs and Convention which was held on 20th May 1875
subsidiaries). As part of increasing its by representatives of seventeen nations. This
renewable energy portfolio, a fully owned year the theme of WMD is “Measurements
subsidiary has been formed as “NTPC Green supporting the global food system” declared
Energy Limited” (NGEL) which shall take up jointly by the International Bureau of Weights
Renewable Energy Parks and Projects including and Measures (BIPM) and the International
business in the area of Green Hydrogen, Organisation of Legal Metrology (OIML).
Energy Storage Technologies, and Round the
Clock RE Power. 156. Every year, National Endangered Species
Day is celebrated nationwide on the third Friday
155. CSIR-National Physical Laboratory, of May. Which of the following statement/s
organized and celebrated the World Metrology about National Endangered Species Day is/are
Day (WMD) 2023. What is the theme of World correct?
Metrology Day? (i) This year (2023), we commemorate National
(a) Measurements supports the World food Endangered Species Day on May 19
system (ii) National Endangered Species Day 2023 is
(b) Measurements supporting the global observed to highlight the importance of plants
Ecosystem and animals working in harmony to sustain the
(c) Measurements supporting the global food ecosystem.
system
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(iii) The theme of National Endangered Species the commitment of the conservation of fish,
Day 2023 is, "Celebrating the 50th anniversary plants and wildlife and the places they call
of the Environmental Protection Act." home.
(a) Only (i)
(b) Only (i) and (ii) 157. In May 2023, An MoU was signed for
(c) Only (ii) ‘Riverine Based Religious Tourism Circuit’ to
(d) Only (ii) and (iii) connect seven religious places on which of the
(e) All (i), (ii) and (iii) following rivers?
Answer: B (a) Cauvery
National Endangered Species Day 2023 is (b) Yamuna
observed to highlight the importance of plants (c) Brahmaputra
and animals working in harmony to sustain the (d) Mahanadi
ecosystem. When species face the risk of (e) Ganga
extinction due to a significant decline in the Answer: C
population or the loss of critical habitat, it In May 2023, An MoU was signed for the
indicates an imbalance in the ecosystem. ‘Riverine Based Religious Tourism Circuit’ to
Every year, National Endangered Species Day connect seven religious places on Brahmaputra.
is celebrated nationwide on the third Friday of A Memorandum of Understanding (MoU) was
May. This year, we commemorate National signed among the Inland Waterways Authority
Endangered Species Day on May 19, 2023. of India (IWAI), Sagarmala Development
This day aims to raise awareness about the Corporation Limited (SDCL), Assam Tourism
increasing number of animal species facing the Development Corporation (ATDC) and
risk of extinction and to shed light on the Department of Inland Waterways Transport
disruptive impact of climate change on (DIWT), Government of Assam.
previously harmonious ecosystems. The MoU will facilitate modern ferry service on a
The theme of National Endangered Species ‘Hop On Hop Off’ among seven (07) historic
Day 2023 is, "Celebrating the 50th anniversary religious sites around Guwahati. The seven
of the Endangered Species Act." Along with the religious sites are Kamakhya, Pandunath,
18th annual Endangered Species Day, 2023 Ashwalknata, Doul Govinda, Umananda,
also marks the 50th Anniversary of the Chakreshwar and AuniatiSatra to be covered
Endangered Species Act (ESA), a legislation for with the help of this agreement. The waiting
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lounge at the ferry terminal will be a modern deeds, and collusion of the builder and
facility providing comfortable ambience for the borrower. NHB was set up on July 9, 1988
passengers. under the National Housing Bank Act, 1987.
158. National Housing Bank (NHB) has 159. In May 2023, where was the 8th All India
askedhousing finance companies with asset Pension Adalat inaugurated ?
size of over Rs 1,000 crore to adopt anearly (a) Delhi
warning signals (EWS) framework to check (b) Chennai
financial frauds. Under which o f the following (c) Nagpur
acts NHB was set up? (d) Hyderabad
(a) Transfer of Property Act, 1882 (e) Pune
(b) National Housing Bank Act, 1987 Answer: A
(c) Registration Act, 1908. 8th All India Pension Adalat inaugurated in
(d) Real Estate (Regulation and Development) Delhi. Union Minister of State for Personnel,
Act, 2016 Public Grievances, Pensions, Dr. Jitendra Singh
(e) Reserve Bank of India (Amendment and inaugurated it. At 8th All India Pension Adalat,
Miscellaneous provisions) Act, 1953. chronic cases were taken up and resolved.Till
Answer: B date 7 All India Pension Adalats have been
Regulator for housing finance firms National organised.Union Minister also presided over the
Housing Bank (NHB) has asked housing 50th PRC (Pre-Retirement Counselling)
finance companies with asset size of over Rs Workshop.The PRC was conducted by the
1,000 crore to adopt an early warning signals Department of Pension & Pensioners’ Welfare.
(EWS) framework to check financial frauds and
also to prevent accounts from turning into non - 160. The67th Foundation Day of the Regional
performing assets. News Unit (RNU) of Akashvani Guwahati was
The analysis of the frauds reported by the celebrated in May 2023 along with
housing finance companies (HFCs) has ________________.
revealed that the reasons behind accounts (a) Oil India Limited
being identified as fraud accounts are seller (b) Bharat Petroleum Corporation Limited
impersonation, submission of fake income/ (c) Biecco Lawrie Co. Limited
employment documents, submission of fake title (d) Chennai Petroleum Corporation Limited
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(e) Gas Authority of India Limited etc. access/inclusion for people with different
Answer: A disabilities.
67th Foundation Day of Regional News Unit
(RNU) of Akashvani Guwahati was celebrated 162. When was the Directorate General of
in association wi th Oil India Limited.Dr. Trade Remedies (DGTR) created?
Vasudha Gupta, Director General, Akashvani (a) 2014
News attended the 67th Foundation Day (b) 2015
celebration of the Regional News Unit of (c) 2004
Akashvani Guwahati.On the occasion of the (d) 2008
67th foundation day of RNU, Dr. Vasudha (e) 2018
Gupta released the souvenir "Akashibarta".The Answer: E
Regional News Unit of Akashvani Guwahati Directorate General of Trade Remedies (DGTR)
started broadcasting news on the 15th of May celebrated its 6th Creation Day on 17th May
1957. 2023 by organising an outreach program on
‘trade remedies’ for MSMEs. The event was
161. When was the Global Accessibility graced by the Secretary, MSME, Sh. B. B.
Awareness Day (GAAD) celebrated every year? Swain as a chief guest. The DGTR was created
(a) 2nd Thursday of May every year in the year 2018. Before the DGTR, the
(b) 3rd Thursday of May every year Directorate General of Anti-dumping and Allied
(c) 2nd Thursday of June every year Duties (DGAD) and the DG Safeguards were
(d) 3rd Thursday of April every year responsible for administering the trade remedial
(e) 1st Thursday of May every year investigation against unfair trade practices such
Answer: B as anti-dumping and countervailing duties, as
The 12th Global Accessibility Awareness Day well as safeguard measures. Since 1995, India
(GAAD) is marked on May 18and it doesn’t has initiated more than 1100 trade remedy
need to end there. Please join us to continue to investigations. DGTR also assists the Indian
spread awareness. Celebrated on the exporters in getting a fair outcome in trade
3 r d Thursday of May every year the purpose of remedy investigations conducted by other WTO
GAAD is to get everyone talking, thinking and Members against India.
learning about digital- web, software, mobile,
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163. Where was the National Ayush Mission technological integration for research and
Conclave organised in May 2023 ? quality assurance in Ayush public healthcare.
(a) New Delhi
(b) Chennai 164. World Bee Day is an annual observance
(c) Mumbai held on May 20 to raise awareness about the
(d) Hyderabad importance of bees and other pollinators for the
(e) Bengaluru environment, agriculture, and human well -
Answer: A being.When was World Bee Day first
Ministry of Ayush organized a two days National celebrated?
Ayush Mission Conclave in New Delhi from 18th (a) 2014
to 19th May 2023. (b) 2015
National Ayush Mission (NAM) is the flagship (c) 2017
program of Ministry of Ayush and with active (d) 2018
cooperation of states and UTs governments; it (e) 2020
is changing the health and wellness landscape Answer: D
in states. The two days conclave will pave way World Bee Day is an annual observance held
for better coordination among stakeholders and on May 20th to raise awareness about the
strengthen AHWCs functioning. importance of bees and other pollinators for the
During the two days conclave, subject experts environment, agriculture, and human well-being.
from participating states will deliberate on Pollinators are crucial to the sustainable
various aspects of National Ayush Mission development of our planet, and the Day aims to
(NAM), focused on enhanced efficiency in raise awareness about their threat and
budget absorption under NAM and importance.
institutionalization for improvised execution of The United Nations designated this day for
the scheme, enabling better supply of December 2017, with the first celebration taking
medicines to Ayush Health Facilities, capacity place on May 20th, 2018.
building for Ayush and upgradation of Ayush Bees play a crucial role in pollinating plants,
Health Wellness centers (AHWCs), which is essential for the reproduction of many
strengthening the education ecosystem in agricultural crops, fruits, and vegetables.
Ayush to strengthen Public Health and
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165. Asia Petrochemical Industry Conference (c) Nutrient-based subsidy

2023 was held in India in May 2023. What is the (d) Nature- bio subsidy
theme of the conference? (e) Nutrient-balanced subsidy
(a) Foundation for a Sustainable Future Answer: C
(b) Ushering in a Sustainable Future The Union government has approved a subsidy
(c) Foundation for a Green Future of Rs 38,000 crore for phosphatic and potassic
(d) Ushering in a Green Future (P&K) fertilisers for the kharif 2023 season
(e) Foundation for a Clean Future (April-September) under the nutrient-based
Answer: B subsidy (NBS) mechanism.
Asia Petrochemical Industry Conference 2023 The subsidy rates for the two fertilisers, which
was held in India in May 2023. The theme of the are mostly imported, have been fixed after
event was “ Ushering in a Sustainable Future ”. taking into consideration the fall in international
Over 1200 delegates from seven member prices.
nations as well as participants from Europe, The subsidy on P&K for the current kharif
China, America, Mid East and other Asian season is much lower than about Rs 61,000
Countries, other senior government officials of spent during last kharif season.
key nations as well as regional and global NBS stand for Nutrient-based subsidy.
partners participated in the conference.The Asia
Petrochemical Industry Conference (APIC) is a 167. A 5,000-year-old 'Great Grandfather' tree
broad-based petrochemical industry conference is believed to be the oldest tree in the world. In
with membership from seven partner countries – which of the following countries, the 'Great
India, Japan, Korea, Malaysia, Singapore, Grandfather' is located?
Taiwan and Thailand. (a) Sri Lanka
(b) Chile
166. The Union government has approved a (c) Egypt
subsidy of Rs 38,000 crore for phosphatic and (d) Brazil
potassic (P&K) fertilisers for the Kharif 2023 (e) Myanmar
season under the NBS mechanism. What does Answer: B
NBS stand for? A 5,000-year-old 'Great Grandfather' tree is
(a) Nutrient-bio subsidy believed to be the oldest tree in the world.
(b) Nature-based subsidy
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A giant tree has lived for thousands of years in The theme of the forum will be "Quality and
the forest in southern Chile and is in the Responsible Tourism -- Sustaining ASEAN
process of being recognized as the oldest in the Future".
world.The tree trunk, four meters (13 feet) in The forum will include a tourism exhibition and
diameter and 28 meters tall, is also believed to serves to spur tourism and further service
contain scientific information that could shed improvement in associated
light on how the planet has adapted to climate businesses.Previously, Laos hosted the ASEAN
change. Tourism Forum in 2004 and 2013.
It is on the verge of replacing Methuselah, a
4850-year-old Great Basin bristlecone pine 169. In May 2023, Kalangummukalbecame a
found in California in the United States, as the fully insured ward as residents in the 5 to 70
oldest tree on the planet. age group were eligible for insurance coverage
Great Grandfather is located on the edge of a against accidental death and
ravine in a forest in the southern Los Ríos disability.Kalangummukalis located inwhich of
region, 800 kilometers (500 mi) south of the the following states?
capital Santiago. (a) Tamil Nadu
(b) Rajasthan
168.Which of the following countries will host (c) Haryana
the annual ASEAN Tourism Forum in 2024? (d) Punjab
(a) Sri Lanka (e) Kerala
(b) Cambodia Answer: E
(c) Thailand Kalangummukal, became Kerala’s first fully
(d) Vietnam insured ward as 1,382 residents in the 5 to 70
(e) Myanmar age group were eligible for insurance coverage
Answer: D against accidental death and disability.
Lao tourism authorities are preparing to host the Kalangummukal, Ward 32 of the Punalur
annual ASEAN Tourism Forum in 202 4, which municipality, is a nondescript rural part mostly
will take place in the Lao capital Vientiane on populated by underprivileged families.An
Jan. 22-27, 2024 initiative of ward councillor G. Jayaprakash, the
entire ward has an insurance coverage of over
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₹13.82 crore under a plan provided by United A free trade agreement between India and
India Insurance, a public sector company. EFTA will enhance two-way commerce,
All permanent and temporary residents of the investment flows, job creation and economic
ward have been offered the financial safety net growth.A free trade agreement between EFTA
of insurance coverage, and the policies will be and India is officially called as TEPA.Under
handed over to them by next week. TEPA, trading partners eliminate or reduce
customs duties on highest number of goods
170. In May 2023, Commerce and Industry traded between them. They also ease norms to
Minister Piyush Goyal discussed the modalities promote trade in services and investments.
for the Trade and Economic Partnership European Free Trade Association (EFTA) is a
Agreement (TEPA) with representatives of four-nation bloc involving Iceland, Liechtenstein,
European Free Trade Association Norway, and Switzerland. It was fou nded in
(EFTA)states.Which of the following statement/s January 1960. EFTA countries are not part of
about EFTAis/areincorrect? the European Union (EU).
(i) European Free Trade Association is a four-
nation bloc involving Iceland, Liechtenstein, 171. In May 2023, the Centre reduces the
Norway, and Switzerland. windfall levy on domestically produced crude to
(ii) It was founded in January 1960. nil. What is the rate of windfall gain leviedper
(iii) EFTA countries are part of the European tonnebefore this change ?
Union (EU). (a) Rs 2,100
(a) Only (i) (b) Rs 3,100
(b) Only (i) and (ii) (c) Rs 4,100
(c) Only (iii) (d) Rs 1,700
(d) Only (ii) and (iii) (e) Rs 2,700
(e) All (i), (ii) and (iii) Answer: C
Answer: C Centre reduces windfall levy on domestically
Commerce and Industry Minister Piyush Goyal produced crude to nil. Windfall gain levy will not
has discussed the modalities for Trade and be applied to domestically produced crude oil
Economic Partnership Agreement (TEPA) with with effect from 16 May 2023. Before this
representatives of EFTA states. change, rate of windfall gain levy was Rs 4,100
per tonne.Government may again impose the
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duty with increase in demand and consequent comprehensive framework on reducing

rise in prices. anaemia. Which of the following is main causes
The reduction in windfall gain levy will benefit of anaemia?
companies like Oil and Natural Gas Corporation (a) Calcium deficiency
(ONGC). (b) Iron deficiency
(c) Sodium deficiency
172. In May 2023, to which of the following (d) Vitamin C deficiency
cities first-ever direct international flight service (e) Vitamin A deficiency
from Bhubaneswar started ? Answer: B
(a) London The World Health Organisation (WHO)
(b) Sydney launches its first-ever comprehensive
(c) Dubai framework on reducing anaemia, calling on
(d) New York countries to accelerate action to halve anaemia
(e) Durban prevalence in women of reproductive age by
Answer: C 2025.Anaemia is a serious global public health
First-ever direct international flight service from problem, affecting 571 million women and 269
Bhubaneswar to Dubai has been started. million young children worldwide.The new
IndiGo’s direct flight service shows the growing framework sets forth ways to address the direct
importance of Bhubaneswar as a major causes, risk factors and broad social inequities
destination. The inaugural flight, carrying a that are fundamental drivers for anaemia.Iron
delegation of representatives from the deficiency is the main causes of anaemia.
Government of Odisha, civil society, and
members of the business & sports community 174. Which of the following states have
and self-help groups reached Dubai launchedthe 'e-Chits' app to regulate funds
International Airport. The travel to Dubai by the through online transactions?
delegation coincides with the upcoming Odisha (a) Tamil Nadu
Dibasa program showcasing the state’s rich (b) Madhya Pradesh
culture and heritage. (c) Haryana
(d) Andhra Pradesh
173. In May 2023, the World Health (e) Kerala
Organisation (WHO) launches its first-ever Answer: D
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(AP) Revenue Minister Shri DharmanaPrasada Ministry secured a score of 4.7 out of 5 in data
Rao launched ‘E-chits’ application of the governance.
Registration and Stamps Department to ensure The assessment has been conducted by the
better regulation of the chit fund businesses in Development Monitoring and Evaluation Office
AP.All the chit-fund transactions will be done (DMEO), NITI Aayog.
through the mobile app, which was developed The objective of the DGQI survey is to measure
by the Registration and Stamps Department, the maturity level of administrative data systems
keeping in view the increasing number of fraud and their use in decision-making of various
cases. ministries and departments on the
The E-chits application would usher in implementation of Central Sector Schemes (CS)
transparency in the chit-fund business and and Centrally Sponsored Schemes (CSS).
prevent duping of customers. The DGQI assessment encompasses six pivotal
themes: Data Generation, Data Quality, Use of
175. In May 2023, in the assessment for the Technology, Data Analysis, Use and
December quarter of FY23, the Minis try of Dissemination, Data Security and HR Capacity,
Ports, Shipping and Waterways has been and Case Studies.
ranked second among 66 ministries in the Data
Governance Quality Index (DGQI). What is the 176. The Member States of the International
score secured by the Shipping Ministry out of 5 Organization for Migration (IOM) elected Amy E.
in data governance? Pope as its next Director General. Where is the
(a) 3.9 headquarters of the International Organization
(b) 4.0 for Migration located?
(c) 4.2 (a) France
(d) 4.5 (b) Spain
(e) 4.7 (c) Norway
Answer: E (d) Switzerland
In the assessment for the December quarter (e) Germany
(Q3) of FY23, the Ministry of Ports, Shipping Answer: D
and Waterways (MoPSW) has been ranked The Member States of the International
second among 66 ministries in the Data Organization for Migration (IOM), the United
Governance Quality Index (DGQI). Ship ping Nations Migration Agency, elected Amy E. Pope
Page 293 of 424
as its next Director General during the 6th campaign.The first balloon launched on 16th
Special Session of the IOM Council. April 2023.
She will be the first woman & 11th person to
head the IOM.Pope will assume the duties of 178. Robert E. Lucas Jr, who passed away
Director General for a 5-year term beginning on recently, is related to which of the following
1 October 2023. fields?
The headquarters of the International (a) Judiciary
Organization for Migration is located in (b) Journalism
Switzerland. (c) Sports
(d) Economics
177. In May 2023, NASA’s Scientific Balloon (e) Politics
Program launched a 2nd football-stadium-sized, Answer: D
heavy-lift super pressure balloon (SPB) from Nobel Prize-winning American economist
New Zealand. When was the first balloon Robert E. Lucas Jr Passed away at the age of
launched? 85 in Chicago, Illinois, United States of America
(a)March 2023 (USA). Lucas was born on September 15, 1937,
(b) April 2023 in Yakima, Washington, United States(US).He
(c) June 2023 was elected to the American Academy of Arts
(d) May 2022 and Sciences in 1980, the National Academy of
(e) April 2022 Sciences in 1981, and the American
Answer: B Philosophical Society in 1997.
The National Aeronautics and Space
Administration’s (NASA’s) Scientific Balloon 179. Which of the following state’s Chief
Program has launched a 2nd football-stadium- Minister was honoured with the Bharat Ratna Dr
sized, heavy-lift super pressure balloon (SPB) Ambedkar Award in May 2023?
from Wānaka Airport, New Zealand, on a (a) Gujarat
technology mission aimed for 100 days or more (b) Rajasthan
of flight in the Earth’s upper atmosphere.This (c) Uttar Pradesh
balloon launch is the second and final for (d) Tamil Nadu
NASA’s 2023 New Zealand balloon launch (e) Haryana
Answer: C
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Former President of India Ram Nath Kovind This scheme prioritises the safety of
honoured Chief Minister Yogi Adityanath with passengers and ensures timely grievance
the Bharat Ratna Dr Ambedkar Award for redressal, while also promoting the use of
creating a fear-free Uttar Pradesh, an official electric vehicles (EVs) and reducing pollution
statement said.The award ceremony was levels in the city.
organized at Shanmukhananda Auditorium in The scheme follows a ‘polluter pays’ principle,
Mumbai where member of the UP legislative which will make the per vehicle licence fee for a
council Lalji Prasad Nirmal received the award conventional vehicle significantly higher than an
on behalf of Yogi Adityanath. EV.
Buddhanjali Research Foundation organized
the award ceremony which was graced by 181. Indian Naval Ship (INS) Hansa has
Ramnath Kovind as the chief guest. become the first Joint-User International
Aerodrome in the South-Asia Pacific region to
180. Which of the following states/UTs be augmented with the Required Navigation
announced the Motor Vehicle Aggregator Performance (RNP) approach.INS Hansa is
Scheme 2023, which is aimed at regulating cab located inwhich of the following states?
aggregators and delivery service providers? (a) Gujarat
(a) Gujarat (b) Goa
(b) New Delhi (c) West Bengal
(c) Pondicherry (d) Tamil Nadu
(d) Tamil Nadu (e) Maharashtra
(e) Haryana Answer: B
Answer: B Goa-based Indian Naval Ship (INS) Hansa has
The Government of the National Capital become the first Joint-User International
Territory of Delhi (GNCTD) announced the Aerodrome in the South-Asia Pacific region to
Motor Vehicle Aggregator Scheme 2023, which be augmented with the Required Navigation
is aimed at regulating cab aggregators and Performance (RNP) approach.
delivery service providers. The RNP approach will reduce dependency for
A draft of the scheme was approved by Delhi navigation on ground-based equipment such as
Chief Minister Arvind Kejriwal, which will now be Very-High Frequency Omnidirectional Radio
sent to the Delhi LG. (VOR) and Instrument Landing System (ILS).
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This naval air station has grown to become a The 3rd edition of Samudra Shakti exercise was
full-fledged airfield that handles domestic and held in September 2021 in Jakarta, Indonesia.
international flights around the clock.
A team of AAI officials visited the Air Station 183. Rajasthan Royals bowler Yuzvendra
between April 7-8, 2022, towards formulation of Chahal became the leading wicket-taker in the
Letters of Agreement (LOA) between INS Indian Premier League.Who among the
Hansa and Manohar International Airport following is in the second spot?
INS Hansa is an Indian naval air station located (a) Ravichandran Ashwin
near Dabolim in Goa, India.It is India's biggest (b) Anil Kumble
naval air base and is home to the Indian Navy's (c) Rashid Khan
premier air squadrons. (d) Dwayne Bravo
(e) Sandeep Sharma
182. The 4th edition of India-Indonesia Bilateral Answer: D
Naval exercise Samudra Shakti -23 was held Rajasthan Royals bowler Yuzvendra Chahal
inBatam, Indonesia. Where was the 3 r d edition became the leading wicket-taker in the Indian
held? Premier League. He has taken total of 184
(a) Gujarat wickets in the 143 matches of the Indian
(b) Odisha Premier League.Dwayne Bravo is in the second
(c) Kerala spot with 183 wickets in 161 matches.
(d) Tamil Nadu
(e) None of the above 184. In May 2023, H imachal Pradesh (HP)
Answer: E Chief minister (CM)Shri Sukhvinder Singh
The 4th edition of India -Indonesia Bilateral Sukhu introduced the Himcare scheme for
Naval exercise Samudra Shakti-23 between the which of the following section of people ?
Indian Navy & the Indonesian Navy was held at (a)Retired Army soldiers
Batam, Indonesia from 14-19 May 2023. Aim of (b) Jail inmates
the exercise is to enhance interoperability, (c)Orphans
jointness and mutual cooperation between both (d) Widows
the navies.Samudra Shakti commenced (e) Senior Citizens
between the Indian Navy & Indonesian Navy in Answer: B
2018.
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Himachal Pradesh (HP) Chief minister (CM)Shri 186. World AIDS Vaccine Day or HIV Vaccine
Sukhvinder Singh Sukhu introduced the Awareness Day is observed every year on May
Himcare scheme for jail inmates by providing 18 to raise awareness about the need for
Himcare cards to the prisoners at Model Central vaccines. When was the concept of World AIDS
Jail Kanda in Shimla.The launch also included Vaccine Day first introduced?
the Integrated Sexually transmitted infections (a) 1991
(STI), Human Immunodeficiency Virus (b) 1997
(HIV),Tuberculosis (TB), Hepatitis (ISHTH) (c) 1999
campaign in prisons and other closed settings (d) 2002
at Kanda Jail, which will screen and treat (e) 2005
inmates across HP. Answer: B
World AIDS Vaccine Day or HIV Vaccine
185. Kalyani Kazi, who passed away recently, Awareness Day is observed every year o n May
belongs to which of the fo llowing states? 18 to raise awareness about the need for
(a) Puducherry vaccines.The concept of World AIDS Vaccine
(b) Manipur Day was first introduced in 1997 at Morgan
(c) Sikkim State University by President Bill Clinton.There
(d) West Bengal is no accurate medicine for AIDS till now, but
(e) Goa there is a medical treatment that exists. There is
Answer: D a treatment to control AIDS called Highly Active
Eminent singer and the youngest daughter-in- Antiretroviral Therapy (HAART).
law of poet Kazi Nazrul Islam, Kalyani Kazi
passed away at the age of 87 in Kolkata, West 187. Union Minister ParshottamRupala
Bengal. She was a member of the advisory launched the Sagar Parikrama Yatra Phase -V
council of Poschimbongo Kazi Nazrul Islam at Karanja (Raigad Dist.) on 17 May.When did
Akademi.The West Bengal government had the first phase of the “S agar Parikrama”
conferred on her the Sangeet Mahasamman started?
award in 2015.Kalyani Kazibelongs toWest (a) December 2022
Bengal. (b) January 2022
(c) February 2023
(d) March 2022
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(e) April 2023 188. Uttar Pradesh has roped in NDDB Dairy
Answer: D Services, a wholly-owned subsidiary of the
Union Minister ParshottamRupala launched the National Dairy Development Board, for
Sagar Parikrama Yatra Phase -V at Karanja providing technical support for managing three
(Raigad Dist.) on 17 May.More than 6000 women-owned milk producer companiesset up
fishermen, fish farmers and other dignitaries in the State. Where is the head office of the
participated in the program at Karanja (Raigad National Dairy Development Board l ocated?
Dist.). (a) Maharashtra
The fifth Phase of the Sagar Parikrama begins (b) Manipur
to resolve the challenges faced by fishermen (c) Haryana
and stakeholders.The Sagar Parikrama fifth (d) Punjab
phase will be organized at Raigad, Ratnagiri, (e) Gujarat
and Sindhudurg Districts in Maharashtra and Answer: E
Vasco, Mormugao, and Canacona in Goa. The Uttar Pradesh government has roped in
The main aim of the Sagar Parikrama is to NDDB Dairy Services, a wholly -owned
facilitate the economic upliftment of fishermen subsidiary of National Dairy Development Board
and stakeholders through various schemes and (NDDB), for providing technical support for
programs. managing three women-owned milk producer
Maharashtra has 720 km of coastline and it companies — Saamarthya Milk Producer
contributes 82 percent to the state’s fish Company (Raebareli), Shri Baba
production. GorakhnathKripaa Milk Producer Company
The coast of Goa is 104 km long and 90 percent (Gorakhpur) and Srijanee Milk Producer
of the population are dependent on fish for their Company (Bareilly) — set up in the State.
diet.Certificates/sanctions related to Pradhan These FPOs will together procure milk from
Mantri MatsyaSampada Yojana (PMMSY), over 2,800 villages of 17 districts enrolling 1.50
Kisan Credit Card and state schemes will be lakh women dairy farmers.The daily
awarded to fishermen during the journey. procurement will reach seven lakh litres by the
The first phase of the “Sagar Parikrama” was fifth year of operations, NDS said. UP State
started on 5th March 2022 from Mandvi and Rural Livelihood Mission (UPSRLM) is the
ended on 6th March 2022 in Porbandar. implementing agency for this dairy farmer
project.
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Under the State’s ₹200-crore MahilaSamarthya The center will prioritize the deployment of AI
Yojana (MSY), launched in 2021-22, enterprises systems within the Indian ecosystem,
exclusively owned by women are being emphasizing immediate impact.
promoted. The MSY scheme was launched
after success of Balinee Milk Producer 190. McDonald’shas signed a new contract with
Company of Jhansi and Kashee Milk Producer FIFA to remain as a World Cup sponsor in the
Company of Varanasi. 2026 edition of World Cup. Which of the
The head office of National Dairy Development following country host the 2026 edition of the
Board is located in Anand, Gujarat. World cup?
(a) Brazil
189. Which of the following IITs has partnered (b) Spain
with Google to establish the Centre for (c) France and Italy
Responsible Artificial Intelligence, focusing on (d) United States, Canada and Mexico
responsible AI research and development? (e) Qatar
(a) IIT Delhi Answer: D
(b) IIT Madras McDonald’s, the fast-food chain, has signed a
(c) IIT Kanpur new contract with Fifa to remain as a World Cup
(d) IIT Bombay sponsor until the 2026 edition. The 2026 edition
(e) IIT Roorkee of World Cup will be held in the United States,
Answer: B Canada and Mexico.
The Indian Institute of Technology Madras (IIT The renewal gives McDonald's the title of
Madras) has partnered with Google to establish 'Official Restaurant' sponsor of this year's
the Centre for Responsible Artificial Intelligence Women's World Cup in Australia and New
(CeRAI), focusing on responsible AI research Zealand and the men's edition three years later.
and development. McDonald’s and FIFA have a shared passion
As the inaugural platinum consortium member, for bringing people together through the power
Google has invested $1 million in this initiative. of football. McDonald’s is a proud supporter of
CeRAI aims to become a premier research football and has sponsored FIFA tournaments
centre at both the national and international since 1994.
levels, dedicated to fundamental and applied
research in Responsible AI.
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191. Ajai Chowdhry is the author of the book Answer: C

titled ‘Just Aspire’. Ajai Chowdhry is the co - The National Stock Exchange launched tw o
founder of which of the following company? new cash-settled energy futures contracts on
(a) Accenture WTI Crude Oil and Natural Gas.
(b) TCS With the new launch, the country’s largest
(c) Infosys exchange intends to enhance the product
(d) Wipro offering and draw liquidity from MCX, which
(e) HCL already provides trades in similar contracts on
Answer: E its platform.
Ajai Chowdhry one of the co -founders of HCL In a bid woo investors, NSE has waived off
also an entrepreneur, sportsman, salesman transaction charges in both these contracts till
authored new booj titled ‘Just Aspire’ ‘Just October-end.
Aspire’ which is a motivational book that Initially, six monthly expiry contracts of WTI
focuses on the importance of having a positive Crude and three of natural gas will be available
mindset, setting goals, an d taking action to for trading.
achieve them. NSE was incorporated in 1992. It was
This book talks about the journey of a small- recognised as a stock exchange by SEBI in
town boy (Ajai) who turned into a CEO of a April 1993 and commenced operations i n 1994
global company.This easy-to-comprehend book with the launch of the wholesale debt market,
is divided into three personas – “Aspire,” followed shortly after by the launch of the cash
“Achieve,” and “Inspire.” market segment.
192. The National Stock Exchange launched 193. In May 2023, the Union Government
two new cash-settled energy futures contracts amended rules under the Foreign Exchange
on WTI Crude Oil and Natural Gas.When was Management Act to bring in international credit
theNational Stock Exchange incorporated? card spending outside India under the
(a) 1988 Liberalised Remittance Scheme (LRS).When
(b) 1990 was RBI introduced Liberalised Remittance
(c) 1992 Scheme?
(d) 1994 (a) 1992
(e) 1995 (b) 1994
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(c) 1998 The 40th World Nut and Dried Fruit Congress,
(d) 2004 organized by the International Nut & Dried Fruit
(e) 2006 Council (INC), will be held in London from May
Answer: D 22 to 24.
The Government has amended rules under the As many as 1,300 professionals from more than
Foreign Exchange Management Act to bri ng in 60 countries will gather at the JW Marriott
international credit card spending outside India Grosvenor House London for the event, which
under the Liberalised Remittance Scheme is coming back to London after 26 years.
(LRS). Around 50 top Indian nuts and dried fruit
As a result, the spending by international credit processors will also attend the meet.
cards will also attract a higher rate of Tax The International Nut and Dried Fruit Council
Collected at Source at 20 per cent effective July (INC) was founded in 1983 as the global
1. organization focused on advancing the interests
Liberalised Remittance Scheme (LRS) was of the entire nut and dried fruit industry.The 39th
brought out by the RBI in 2004. World Nut and Dried Fruit Congress was held in
It allows resident individuals to remit a certain Dubai.
amount of money during a financial year to
another country for investment and expenditure. 195. The Union government has decided to
form 1,100 new Farmer Producer Organizations
194. The 40th World Nut and Dried Fruit (FPOs) in the cooperative sector. Who among
Congress, organized by the International Nut & the following is the union Minister of
Dried Fruit Council (INC) was in London from Cooperation?
May 2023. In which of the following places, the (a) Smt. Smriti Zubin Irani
39 thWorld Nut and Dried Fruit Congress was (b) Shri Amit Shah
held? (c) Shri Nitin Jairam Gadkari
(a) Rome (d)Shri Narendra Singh Tomar
(b) Brussels (e) Shri Arjun Munda
(c) London Answer: B
(d) Dubai The government has decided to form 1,100 new
(e) Delhi Farmer Producer Organizations (FPOs) in the
Answer: D cooperative sector.
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The government has allocated these additional The tournament continued for 11 days in which
1100 FPOs to National Cooperative 28 teams participated and stellar performances
Development Corporation (NCDC) under FPOs’ were seen by the female players.
Scheme.
Under the FPO Scheme, each FPO gets 197. An analysis of data from the Internal
financial assistance of 33 lakh rupees. Further, Displacement Monitoring Centre (IDMC) shows
the Cluster-Based Business Organizations are that Internal displacement in India was 2.5
provided the financial assistance of 25 lakh million in 2022. Where is the Internal
rupees per FPO.Shri Amit Shah is the Ministry Displacement Monitoring Centre located?
of Cooperation. (a) New York
(b) Brussels
196. In which of the following states was the (c) London
13th Hockey India Sub Junior Women National (d) Geneva
Championship 2023 held? (e) Hong Kong
(a) Maharashtra Answer: D
(b) Manipur An analysis of data from the Geneva -based
(c) Odisha Internal Displacement Monitoring Centre
(d) Punjab (IDMC) shows that Internal displacement in
(e) Gujarat India was 2.5 million in 2022.
Answer: C The average displacement in the country in the
The 13th Hockey India Sub Junior Women last seven years has been over 3 million
National Championship 2023 was held in annually.
Odisha. This means that as many people as currently
At the 13th Hockey India Sub Junior Women reside in Bhopal are displaced by natural
National Championship 2023, the Hockey disasters every year in India.
Haryana team was declared the winner. An internal displacement refers to each new
In the finals, Hockey Jharkhand and Hockey forced movement of persons within the borders
Uttar Pradesh came in the second and third of their country recorded during the year
positions at Birsa Munda Hockey Stadium, because of a disaster.
Odisha. The Internal Displacement Monitoring Centre or
IDMC is an International non -governmental
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organization established in 1998 by the exchange at International Financial Service

Norwegian Refugee Council in Geneva.It is Center in GIFT City, Gujarat.
focused on monitoring and providing information Nifty is a popular stock market index that has
and analysis on the world's internally displaced been introduced by the National Stock
persons (IDPs). Exchange (NSE). ‘Nifty’ is a mix of the words
“National Stock Exchange” and “fifty.”
198. In May 2023, Nifty derivatives contracts
traded on the Singapore Exchange (SGX) have 199.In May 2023, SEBI proposed to inclu de
been renamed to GIFT Nifty. What does Nifty how many different categories of entities under
stand for? the definition of qualified institutional investors
(a) New Stock Exchange Fifty for investment in debt securities?
(b) National Singapore Exchange Fifty (a) 7
(c) New Singapore Exchange Fifty (b) 9
(d)National Stock Exchange Fifty (c) 10
(e) None of the above (d) 12
Answer: D (e) 16
The Nifty derivatives contracts traded on the Answer: C
Singapore Exchange (SGX) have been Solution:
renamed to GIFT Nifty.Earlier, they were Market regulator SEBI has proposed to include
referred to as SGX Nifty. The NSE announced 10 different categories of entities including
that starting July 3, all outstanding Nifty multi-State co-operatives with ₹500-crore
contracts at SGX will be fully transferred to NSE networth, NBFCs, housing finance companies,
IFSC at GIFT City for order matching. pension funds, small finance banks, reinsurers
The exchange said it has obtained approvals and refinancing agencies such a s MUDRA
from the Monetary Authority of Singapore under the definition of qualified institutional
(MAS) and IFSCA — regulators at Singapore investors for investment in debt securities and
and Gift City, respectively. further develop the debt market.
Singapore Exchange Limited is a Singapore- The other entities that would be recognised as
based exchange conglomerate.NSE IFSC, a QIB in debt market include regulatory
wholly-owned subsidiary of NSE, is an authorities, autonomous bodies, authorities,
boards or Commissions or agencies,
Page 303 of 424
authorities, organisations or entities established, The new platform will provide investors and
owned or controlled by the Central government traders a comprehensive and flexible trading
or a State government and SEBI-regulated experience, backed by a range of advanced
entities with net worth of over ₹500 crore. features.
FLIP users will benefit from additional features
200. Geojit Financial Services has launched its set to be introduced over the next three months,
latest mobile trading platform, FLIP, which will including Split Order for Options, Roll Over for
replace the existing platform SELFIE. Where is Futures, and Conditional Orders, Trading from
the headquarters of Geojit Financial Services Charts, Events Calendar, Market Overview, and
located? Apply for IPO.
(a) Haryana Clients can download FLIP, and all existing
(b) Odisha SELFIE users can upgrade to FLIP from Apple
(c) Kerala AppStore and Google Play Store.
(d) Punjab Geojit Financial Services Ltd. is an investment
(e) Assam services company in India headquartered in
Answer: C Kochi, Kerala.
Geojit Financial Services has launched its latest
mobile trading platform, FLIP, that will replace
the existing platform SELFIE.
May 4 th week Current Affairs MCQ

1. Recently(May 2023), how much percentage The Reserve Bank of India (RBI) has decided
of Rs 2000 banknotes in Circulation on March to withdraw the Rs 2000 denomination
31, 2023? banknotes from circulation.
(a) 11.2% It asked all to exchange these notes by
(b) 10.8% September 30, 2023.
(c) 12.8% The withdrawal is similar to a previous
(d) 15.8% withdrawal of notes in 2013-2014 (and not the
(e) 14.2% demonetization).
Answer: B
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RBI’s 19 regional offices and other banks will Public sector banks' (PSB) cumulative profit
start taking ₹ 2,000 notes for exchange with crossed the Rs 1 lakh crore-mark in the
lower denomination one from May 23, 2023 to financial year ended March 2023, with market
on or before Sep 30, 2023 (4 months). leader State Bank of India (SBI) accounting for
In order to ensure operational convenience nearly half of the total earnings.
and to avoid disruption of regular activities of From posting a total net loss of Rs 85,390
bank branches, exchange of Rs 2,000 notes crore in 2017-18, the Public Sector Banks
into notes of other denominations can be (PSBs) have come a long way as their profit
made up to a limit of Rs 20,000 at a time at touched Rs 1,04,649 crore in 2022-23,
any branch. according to an analysis of their financial
A majority (89%) of the ₹2000 denomination results.
notes were issued prior to March 2017 and These 12 PSBs witnessed 57% increase in
are at the end of their estimated life-span of 4- total profit compared to Rs 66,539.98 crore
5 years. earned in 2021-22.
The total value of these banknotes in In percentage terms Pune -based Bank of
circulation has declined from ₹6.73 lakh crore Maharashtra (BoM) had the highest net profit
at its peak of March 31, 2018 (37.3% of Notes growth with 126% to Rs 2,602 crore, followed
in Circulation) to ₹3.62 lakh crore, constituting by UCO with 100% rise to Rs 1,862 crore and
only 10.8% of Notes in Circulation on March Bank of Baroda (BoB) with 94% i ncrease to
31, 2023. Rs 14,110 crore.
However, in absolute terms, SBI has reported
an annual profit of Rs 50,232 crore in 2022-
2. Recently (May 2023), which of the following 23, showing an increase of 59% over the
bank had the highest net profit growth with preceding financial year.
126% to Rs 2,602 crore in the financial year Except for the Punjab National Bank (PNB),
ended March 2023? other PSBs have reported impressive annual
(a) Bank of Baroda increases in their profit after tax.
(b) Bank of Maharashtra PNB posted a 27% decline in annual net profit
(c) UCO Bank from Rs 3,457 crore in 2021-22 to Rs 2,507
(d) Punjab National Bank crore in the year ended March 2023
(e) Canara Bank The PSBs which reported an annual profit in
Answer: B excess of ₹10,000 crore are Bank of Baroda (
Page 305 of 424

₹14,110 crore) and Canara Bank ( ₹10,604 VISA has also launched CVV-free tokenized
crore). transactions for domestic payments in India
Other lenders like Punjab and Sind Bank adhering to the guidelines issued by the RBI.
posted an annual profit growth 26% ( ₹1,313 Card Verification Value (CVV) is a three or
crore), Central Bank of India 51% ( ₹1,582 four-digit number located on the back of a
crore), Indian Overseas Bank 23% ( ₹2,099 physical debit or credit card.
crore), Bank of India 18% ( ₹4,023 crore), It is used as an additional security measure to
Indian Bank 34% ( ₹5,282 crore) and Union ensure that the person making the transaction
Bank of India 61% ( ₹8,433 crore) is a legitimate cardholder.
The RBI had made it mandatory for all credit
3. Recently (May 2023), which of the following and debit card data used in online, point-of-
card brand has introduced the CVV (Card sale, and in-app transactions to be replaced
Verification Value) free payment experience with unique tokens.
for its debit, credit and prepaid cardholders ? RuPay went live on Card on File Tokenization
(a) RuPay in 2021, in line with RBI’s guidelines, for its
(b) VISA domestic e-commerce transactions to ensure
(c) MasterCard better security for all its cardholders.
(d) Both A and B
(e) Both A and C 4. Recently (May 2023), the International
Answer: D Museum Expo is inaugurated by the Prime
RuPay has introduced the CVV (Card Minister, Shri Narendra Modi and is being
Verification Value) free payment experience organized as part of Azadi ka Amrit Mahotsav
for its debit, credit and prepaid cardholders to celebrate the 47th International Museum
who have tokenized their cards on the Day. What is the theme for the International
merchant application or web page. Museum Day 2023?
RuPay is a home-grown card network (a) Cultural Hubs: The future of tradition
developed by National Payments Corporations (b) Museums for equality: diversity and
of India (NPCI). inclusion
Tokenization is a simple technology to secure (c) The Power of Museums
card transactions without sharing clear or real (d) The Future of Museums: Recover and
card details with the merchants. Reimagine
(e) Museums, Sustainability and Well Being
Answer: E
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The Prime Minister, Shri Narendra Modi (c) 65%

inaugurated the International Museum Expo (d) 48%
2023 at Pragati Maidan in New Delhi. (e) 66%
He also inaugurated a virtual walkthrough of Answer: B
the upcoming National Museum at the North India’s energy efficiency policies have not only
and South Blocks. led to improvement in overall energy efficiency
The International Museum Expo is being of Air-Conditioners but also accelerated the
organized as part of Azadi ka Amrit Mahotsav deployment of highly Energy Efficient inverter
to celebrate the 47th International Museum technology.
Day. As per the data from the Bureau of Energy
The IMD theme for this year is ‘Museums, Efficiency (BEE), Ministry of Power, for split
Sustainability and Well Being’. Room Air-Conditioners (RACs), the overall
The Museum Expo is designed to initiate a energy efficiency improvement is 43% for 1-
holistic conversation on Museums with Star and 61% for the 5-Star level .
museum professionals to enable them to On the other hand, the overall energy
evolve as cultural centers that play a pivotal efficiency improvement for window RACs is
role in India’s cultural diplomacy. 17% for 1-Star and 13% for 5-Star level.
The Mascot of the International Museum Expo The Bureau of Energy Efficiency (BEE)
is a contemporized version of the Dancing Girl launched the Star Labelling program for fixed-
made of wood in the Chennapatnam art style. speed Room Air Conditioners (RACs) in 2006
The Prime Minister also unveiled the Mascot as a voluntary initiative, and the program
of the International Museum Expo, the became mandatory in 2009.
Graphic Novel – A Day at the Seum, the BEE revised the energy performance
Directory of Indian Museums, the Pocket Map thresholds (Minimum Energy Performance
of Kartavya Path, and Museum Cards. Standard-MEP) for RACs covered under the
program on a biennial basis from 2009 - 2018.
5. Recently (May 2023), what is the overall In 2015, BEE launched a voluntary labelling
energy efficiency for the 5-Star level for split program for inverter RACs, and made the
Room Air-Conditioners (RACs) according to program mandatory in January, 2018.
the data from the Bureau of Energy Efficiency
(BEE), Ministry of Power? 6. Recently (May 2023), what is the outlay
(a) 43% announced by the Prime Minister, Shri
(b) 61%
Page 307 of 424
Narendra Modi for semiconductor sector to semiconductor design community of the

fulfil the vision of AtmaNirbhar Bharat? country.
(a) Rs 76,000 crores The facility acts as one-stop centre to provide
(b) Rs 75,000 crores semiconductor design tools, fab access,
(c) Rs 67,000 crores virtual prototyping hardware lab access to
(d) Rs 60,000 crores fabless chip designers from Startups and
(e) Rs 71,000 crores Academia.
Answer: A The MoU s exchanged between C -DAC
Union Minister of State for Electronics and Bangalore and Ansys to nurture chip design
Information Technology Shri Rajeev using Ansys EDA tools hosted at ChipIN
Chandrasekhar launched the 3rd Semicon Centre.
India Future Design roadshow at IIT Delhi, Renesas Electronics Corporation, a premier
with an aim to encourage innovation, facilitate supplier of advanced semiconductor solutions,
investment and catalyse the Startups introduced an NB-IoT (Narrowband Internet of
ecosystem in the semiconductor design and Things) chipset specifically for the Indian
manufacturing space. market.
The primary objective of this initiative is to
attract investments from across the world and 7. Recently (May 2023), what is the campaign
help build a vibrant semiconductor design and launched by the Minister for Housing and
manufacturing ecosystem. Urban Affairs, Shri Hardeep S. Puri to
PM Modi ji has announced Rs 76,000 crores champion the RRR’s of waste management-
as outlay for semiconductor sector to fulfil the Reduce, Reuse, and Recycle?
vision of AtmaNirbhar Bharat. (a) My Life, My Clean City
Already there are 27 semicon startups and the (b) Meri Zindagee, Mera clean city
number will soon go up to 100. (c) Meri LiFE, Mera Swachh Shehar
These include setting up an Indian (d) Mera Swachh Shehar, Meri LiFE
Semiconductor research center (ISRC) that (e) Meri LiFE, Mera Clean City
will work in collaboration with top institutions Answer: C
like the IITs for coming up with cutting edge Minister for Housing and Urban Affairs, Shri
semiconductor research. Hardeep S. Puri launched MoHUA’s mega
The MeitY has set up ChipIN Centre at C-DAC campaign ‘Meri LiFE, Mera Swachh Shehar’ .
Bangalore to dedicate its services to
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Reuse and upcycling of common household on the occasion of the World Environment Day
goods has been an integral part of Indian as well as large scale cleanliness drives
culture. across all cities.
Taking a cue from this shared habit, the
Ministry of Housing and Urban Affairs 8. Recently (May 2023), which of the following
(MoHUA)’s campaign titled – ‘Meri LiFE, Mera state has reported 100% coverage of safe and
Swachh Shehar’ is launched to champion the clean drinking water th rough taps?
RRR’s of waste management- Reduce, (a) Himachal Pradesh
Reuse, and Recycle. (b) Telangana
Urban India is increasingly adopting the (c) Bihar
principles of making ‘Wealth’ from waste with (d) Andhra Pradesh
citizens actively refurbishing old items for (e) Maharashtra
reuse. Answer: B
This is giving an impetus to the overall zero- Under Azadi ka Amrit Kaal, Jal Jeevan
waste ecosystem under Swachh Bharat Mission (JJM) celebrates a new milestone of
Mission-Urban 2.0. ensuring safe and clean drinking water
This nationwide campaign aims to highlight through taps to more than 12 Crore rural
cities to setup ‘Reduce, Reuse, Recycle households of the country.
(RRR) Centres, one stop collection centres, At the time of the announcement of launch of
for citizens to contribute clothes, shoes, old JJM by Prime Minister, Shri Narendra Modi
books, toys and used plastic to be reused or from the ramparts of the Red Fort on 15th
recycled. August 2019, only 3.23 Crore (16.64%)
The RRR Centres are scheduled to be households in villages had access to piped
launched nationwide on 20th May, 2023 . water connection.
The Union Minister also launched the RRR As on date, 5 States (Goa, Telangana,
Theme song contest. Haryana, Gujarat and Punjab) and 3 UTs
The contestants can write, compose, sing and (Puducherry, D&D and D&NH and A&N
submit a theme song and win attractive prizes. Islands), have reported 100% coverage .
The contest opens on the MyGov platform Himachal Pradesh at 98.35%, followed by
from 20th May till 18th June, 2023. Bihar at 96.05%, are also poised to achieve
The Meri LiFE, Mera Swachh Shehar will saturation in the near future.
culminate on 5th June, 2023 with the Pledge Goa, Haryana, Punjab, A&N Islands,
for LiFE, that will be undertaken by everyone Puducherry, D&NH and D&D are ‘Har Ghar
Page 309 of 424
Jal certified States/ UTs i.e., in these states/ The portal aims to provide various reforms
UTs, the villagers have confirmed through and services related to mobile connections
Gram Sabhas that ‘all households and public and telecommunications.
institutions’ in the village are getting adequate, It has been developed by C-DoT under the
safe and regular supply of water. Department of Tele-communications (DoT) to
In the 112 aspirational districts of our country, prevent frauds such as identity theft, forged
at the time of the launch of the Mission, only KYC, banking frauds etc.
21.64 lakh (7.84%) households had access to The three reforms are being introduced as
tap water which has now increased to 1.67 part of the portal's framework:
Crore (60.51%). CEIR (Central Equipment Identity Register): It
Working on the motto of Sabka Saath, Sabka enables the tracking and blocking of lost or
Vikas, Sabka Vishwas aur Sabka Prayas, Jal stolen phones anywhere in the country.
Jeevan Mission is marching towards achieving Know your mobile connections: It allows users
the SDG 6, i.e., safe and affordable water to to check the number of mobile connections
all, through provision of safe water through issued in their name by logging in using their
taps to all households, schools, anganwadis mobile number.
and other public institutions, in rural areas. This feature helps identify any unauthorized or
unwanted connections, which can be blocked
9. Recently (May 2023), what is the portal immediately.
name that was launched by the Union Minister ASTR (Artificial Intelligence and Facial
of Communications to provide various reforms Recognition powered Solution for Tele com
and services related to mobile connections SIM Subscriber Verification ): This AI-based
and telecommunications? technology facilitates mobile connection
(a) Surakshaya analysis and includes features such as IMEI-
(b) e-Sachivalaya portal based phone theft information messaging to
(c) Sugam Sanchar law enforcement agencies and the owner. It
(d) GatiShakti Sanchar portal also enables blocking of any number
(e) Sanchar Saathi portal associated with a particular IMEI and the
Answer: E tracking of stolen mobile devices.
The Union Minister of Communications The portal and its reforms aim to enhance
recently launched a citizen-centric Sanchar transparency, security, and accountability in
Saathi portal. the telecom sector.
Page 310 of 424

10. Recently (May 2023), as per the new National Medical Commission consists of 33
regulations by the National Med ical members including Chairman (medical
Commission(NMC), Doctors have to get a professionals only), 10 ex-officio members
Unique Identification Number (UID) to practice and 22 partime members.
medicine in the country. When was the
Medical Council of India (MCI) enacted and it 11. Recently (May 2023), which of the
is replaced by National Medical Commission following state has launched the initiative
Act, 2019? called ‘Sahas’ to strengthen the support
(a) 1963 ecosystem for women who face workplace
(b) 1952 sexual harassment?
(c) 1948 (a) Maharashtra
(d) 1956 (b) Gujarat
(e) 1961 (c) Telangana
Answer: D (d) Andhra Pradesh
Doctors will now have to get a Unique (e) Tamil Nadu
Identification Number (UID) to be able to Answer: C
practice medicine in the country , as per the Telangana Home Minister Mohammed
new regulations by the National Medical Mahmood Ali launched the initiative called
Commission(NMC). ‘Sahas’ in the presence of Director General of
NMC has been constituted by an act of Police Anjani Kumar, Additional Director
Parliament known as the National Medical General of Police (DGP), Women Safety Wing
Commission Act, 2019. Shikha Goel , Femina Miss India Manasa
It has replaced the Medical Council of India Varanasi and senior representatives from
(MCI), constituted under the Indian Medical industry.
Council Act, 1956). SAHAS, is the first of its kind initiative in the
NMC regulates medical education and country, involving a collaboration.
medical professionals. SAHAS, which means Courage, is a
The Commission grants recognition of medical programme that aims at strengthening the
qualifications gives accreditation to medical support ecosystem for women who face
schools, grants registration to medical workplace sexual harassment.
practitioners, monitors medical practice and Under the initiative, the Sahas Microsite,
assesses the medical infrastructure in India. Sahas Sathi Chatbot, Sahas Whatsapp
Headquarters: New Delhi ,
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Number, Forum and online support facilities He is presently working as Chief General
were launched. Manager and Circle Head in Canara Bank,
Mumbai.
12. Recently (May 2023), Jayakumar S. Pillai
has been appointed as the Deputy Managing
Director (DMD) by the Board of Directors of 13. Recently (May 2023), Prof. S.P. Singh
which of the following bank? Baghel has been assigned as Minister of State
(a) IDBI Bank (MoS ) in which of the following Ministry?
(b) DCB Bank (a) Social Justice and Empowerment
(c) IndusInd Bank (b) Health and Family Welfare Ministry
(d) RBL Bank (c) Law and Justice Ministry
(e) Yes Bank (d) Skill Development and Entrepreneurship
Answer: A (e) Commerce and Industry
The Board of Directors of IDBI Bank approved Answer: B
the appointment of Jayakumar S. Pillai as Prof. S.P. Singh Baghel has been assigned as
Deputy Managing Director (DMD) on the Minister of State (MoS ) in the Health and
Bank’s Board for 3 years. Family Welfare Ministry.
IDBI Bank has two Deputy Managing Director According to the Rastrapati Bhavan
(DMD) positions. communique, the President as advised by the
It currently has one DMD -Suresh Khatanhar. Prime Minister has allocated the portfolio.
The other DMD - Samuel Joseph Jebaraj Previously he was serving as MoS in the Law
moved to the National Bank for Financing and Justice Ministry.
Infrastructure and Development (NaBFID) as Earlier, MoS for Parliamentary Affairs and
Deputy Managing DIrector (Lending & Project Culture, Arjun Ram Meghwal was assigned
Finance) in early April 2023. the independent charge as Minister of State in
Jayakumar S. Pillai has 32 years experience the Ministry of Law and Justice in addition to
in Canara Bank. his existing portfolios.
He has also worked as Chief Executive of Union Minister Kiren Rijiju who was serving as
Canara Bank's UK operations for over 4 years Union Minister for Law and Justice will hold
and gained experience in International the portfolio of the Ministry of Earth Sciences.
banking.
He also worked as Wing Head in the Bank's 14. Recently (May 2023), which of the
mid corporate credit department in HO. following company is roped in by the Board of
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Control for Cricket in India (BCCI) as the kit A total of 12 venues have been selected for
sponsor for the Indian cricket team? the marquee event, with the final scheduled to
(a) Nike be played in Ahmedabad, Gujarat.
(b) Adidas BCCI secretary : Jay Shah
(c) Puma
(d) Jordan Brand 15. Which of the following is the sixth
(e) Reebok submarine of the first batch of six Kalvari-class
Answer: B submarines for the Indian Navy recently (May
The Board of Control for Cricket in In dia 2023) commenced her sea trials?
(BCCI) has roped in German sportswear (a) INS Khanderi
major Adidas as the kit sponsor for the Indian (b) INS Vaghsheer
cricket team. (c) INS Arighat
A kit sponsor offers money required for (d) INS Karanj
jerseys, pads, and helmets, among other (e) INSVikrant
things. Answer: B
The current contract with kit partner, Kewal The 6th Scorpene Submarine of Project-75,
Kiran Clothing Ltd, maker of Killer Jeans, is Yard 11880, Indian Navy’s Kalvari class,
set to expire by the month-end. ‘Vaghsheer’ commenced her sea trials.
Killer Jeans had stepped in as an interim The submarine was launched on 20 Apr 22
sponsor after Mobile Premier League Sports from the Kanhoji Angre Wet Basin of Mazagon
(MPL Sports) pulled out of the contract. Dock Shipbuilders Limited (MDL).
The deal with Adidas will take effect and Vaghsheer is scheduled for Delivery to the
reportedly the sports brand will sign a deal for Indian Navy in early 2024 after completion of
5 years. these trials.
India is scheduled to host the ICC Cricket MDL has ‘Delivered’ three submarines of the
World Cup in 2023 from October to Project – 75 in 2 years (24 months)& the
November, which means fans will get to see commencement of sea trials of the 6th
the new Adidas kit soon. submarine is a significant milestone.
The ICC Men's ODI World Cup 2023 is said to This is indicative of the boost towards
start from October 5 and end on November AatmaNirbharBharat.
19, 2023. The submarine will now undergo intense trials
of all its systems at sea, these include
propulsion systems, weapons and sensors.
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16. Recently (May 2023), which of the 17. Which of the following has signe d a
following has signed a Project Collaboration Memorandum of Understanding with Institute
Agreement with the World Health of Chartered Accountants of India and it is
Organization(WHO) for promoting access to recently (May 2023) approved by the Hon'ble
high quality affordable assistive technology Prime Minister Shri Narendra Modi?
mainly through fostering research, innovation, (a) Chartered Accountants of the Maldives
and capacity building? (b) Chartered Accountants Ireland
(a) National Health Mission (c) Chartered Accountants Australia
(b) Department of Health Research (d) The Institute of Chartered Accountants in
(c) Department of Health and Family Welfare England
(d) National Medical Commission (e) Institute of Singapore Chartered
(e) Indian Council of Medical Research Accountants
Answer: B Answer: A
The Union Cabinet chaired by the Prime The Union Cabinet, chaired by the Hon'ble
Minister, Shri Narendra Modi , was apprised of Prime Minister Shri Narendra Modi approved
signing of Project Collaboration Agreement the signing of Memorandum of Understanding
between the Department of Health Research between Institute of Chartered Accountants of
(DHR) and the World Health Organization India (ICAI) and The Chartered Accountants of
(WHO) for promoting access to high quality the Maldives (CA Maldives).
affordable assistive technology mainly through ICAI and CA Maldives aim to establish mutual
fostering research, innovation, and capacity co-operation for the advancement of
building. Accounting Knowledge, Professional and
The Project Collaboration Agreement (PCA) Intellectual Development, Advancing the
was signed on 10.10.2022 by WHO and on interests of their respective members and
18.10.2022 by Department of Health positively contributing to the development of
Research (DHR). the Accountancy Profession in the Maldives
This collaboration aims to work towards and India.
drawing global attention toward access to
assistive technology, fostering research and 18. Recently (May 2023), Competition
innovation and developing and disseminating Commission of India (CCI) approved the
appropriate training programmes. proposed merger of Credit Suisse Group AG
with ____________.
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(a) Morgan Stanley The theme for Commonwealth Day 2023 was
(b) RBC Capital Markets 'Forging a sustainable and peaceful common
(c) Lazard Ltd future'.
(d) HSBC Holdings This day is observed as a holiday in parts of
(e) UBS Group AG the Commonwealth of Nations.
Answer: E Commonwealth Day is celebrated to remind
Fair-trade regulator Competition Commission the Birth Anniversary of Queen Victoria
of India (CCI) approved the proposed merger Empire Day was first observed in the UK in
of Credit Suisse Group AG with UBS Group 1904 by Reginald Brabazon.
AG. This day is observed on the birth anniversary
The proposed combination relates to the of Queen Elizabeth.
proposed acquisition of Credit Suisse by UBS In the era of 1977, Commonwealth Day was
through an absorption merger and UBS will be observed on the second Monday in March.
the surviving legal entity thereafter. This day was observed by the Commonwealth
Following the transaction, all assets, liabilities of Nations.
and contracts of Credit Suisse will be In 1898, Canadian leader Clementina
transferred entirely to UBS. Trenholme introduced an Empire Day to
The proposed transaction was necessitated by Ontario schools on Queen Victoria’s birthday.
Credit Suisse's financial difficulties British Empire League promoted this
Commonwealth Day formerly known as
19. What is the theme for the Commonwealth Empire Day as a holiday.
Day that has been celebrated every year on Usually, all over the world, Commonwealth
May 24? Day is observed on the second Monday of
(a) A peace-building Commonwealth March every year
(b) Towards a Common Future
(c) Forging a sustainable and peaceful 20. Recently (May 2023), Aditya Birla Finance
common future has started Udyog Plus, an one-stop business
(d) Delivering a Common Future platform designed for Indian micro, small and
(e) A Connected Commonwealth medium enterprises (MSME) customers. What
Answer: C is the maximum unsecured loan offered under
Commonwealth Day is celebrated every year this initiative?
on May 24. (a) Rs 12 lakh
(b) Rs 5 lakh
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(c) Rs 10 lakh proposed an amendment on insurance

(d) Rs 15 lakh advertisements and disclosure ?
(e) Rs 20 lakh (a) 2019
Answer: C (b) 2020
Aditya Birla Capital through its lending arm, (c) 2021
Aditya Birla Finance has started Udyog Plus, (d) 2022
an one-stop business platform designed for (e) 2015
Indian micro, small and medium enterprises Answer: C
(MSME) customers. The Regulator Insurance Regulatory and
Udyog Plus", is a dedicated offering for small Development Authority of India (IRDAI)
businesses, under which it will be providing proposed to tighten norms for insurance
finance and an array of other services to advertisements by assigning higher
MSMEs. responsibility on senior management of
This new Business to Business (B2B) digital insurers in designing and approving media
platform offers solutions for MSMEs, including campaigns for product promotion.
financing, protection, investments, advisory In this context, the IRDAI has proposed an
and value-added services for managing and amendment in the 2021 regulations on
growing their businesses. insurance advertisements and disclosure.
The platform is an open marketplace that can Under the proposed amendment, each insurer
be accessed through the financing section of will be required to constitute an advertisement
the Aditya Birla Capital website by both committee comprising at least three members
existing as well as new customers of Aditya mandatorily from marketing, actuarial and
Birla Finance. compliance functions of the insurer.
Under the initiative, the company will be giving To assign higher responsibility on the senior
unsecured loans of up to Rs 10 lakh using management while designing and approving
digital technology for quicker turnarounds. the advertisements for the consumption of the
customers.
21. Recently (May 2023), Insurance Product management committee and
Regulatory and Development Authority of advertisement committee shall be accountable
India (IRDAI) proposed to tighten norms for and fully responsible for releasing the
insurance advertisements by assigning higher approved advertisements.
responsibility. When did the IRDAI has
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The draft also asks insurers to set up proper seeking offshore alternatives to the Mumbai
robust systems to upload advertisements on stock markets
their website within three days of release. Currently, Gift City offers derivatives, debt
The procedure for accepting the products, and UDRs of foreign companies
advertisements is currently based on the such as Apple and Google.
approved 'File and Use' applications and Depository receipts allow investors exposure
compliance to IRDAI advertisement to equities of foreign companies, with
regulations and circulars. custodian banks facilitating the transactions by
purchasing shares and issuing receipts.
22. Recently (May 2023), International In the past, Indian companies such as Infosys,
Financial Services Centre Authority (IFSCA) is Wipro and HDFC Bank sold American
considering permitting unsponsored Depository Receipts (ADRs), which are traded
depositary receipts (UDRs) for Indian shares . on the New York Stock Exchange.
For which of the following companies, Gift City Currently, investors through IFSC, Gift City,
offers derivatives, debt products, and UDRs ? can avail of a number of tax benefits, including
(a) Infosys exemption from securities transaction tax and
(b) Apple stamp duty.
(c) Wipro Foreign funds can also avail of lower tax rates
(d) HDFC Bank on capital gains at Gift City.
(e) HCL Technologies
Answer: B 23. Recently (May 2023), The Insurance
The International Financial Services Centre Regulatory and Development Authority of
Authority (IFSCA), the regulatory body India (IRDAI) has constituted a task force to
overseeing GIFT City’s international financial facilitate ease of doing Know Your Customer
services centre, is considering permitting (KYC) by insurers using Aadhaar. Who is the
unsponsored depositary receipts (UDRs) for Chairperson of IRDAI?
Indian shares. (a) B.C. Patnaik
This move would offer investors the (b) Thomas M Devasia
opportunity to invest in Indian stocks and avail (c) Suchindra Misra
of tax benefits. (d) Debashish Panda
By introducing Indian UDRs, the International (e) Parmod Kumar Arora
Financial Services Centre (IFSC) in Gift City Answer: D
aims to boost liquidity, attracting foreign funds
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The Insurance Regulatory and Development (Ayushman Bharat), and facilitating insurers to
Authority of India (IRDAI) has constituted a access annuity life certificates (jeevan
task force to facilitate ease of doing Know pramaan).
Your Customer (KYC) by insurers using IRDAI has made KYC norms mandatory for
Aadhaar, the 12-digit individual identification the purchase of all new insurance policies,
number. irrespective of their premiums, starting
Among other things, the task force will January 1, 2023.
suggest measures to allow agents and other This rule will apply to all types of insurance -
intermediaries to facilitate both eKYC and life, general and health insurance.
physical KYC to onboard new clients.
Presently, the Unique Identification Authority
of India (UIDAI) framework allows insurance 24. Recently (May 2023), Airport Authority of
companies to identify the customer by using India (AAI) and Federation of Indian
his/her Aadhaar with consent management. Chambers of Commerce and Industry (FICCI)
In the absence of Unique Customer are organizing the upcoming edition of 'Wings
Identification in the insurance sector, India 2024'. Where will be the Asia’s largest
insurance companies are facing various commercial, general, and business aviation
issues while providing the services and claims event organized?
apart from ease of onboarding the customers, (a) Kempegowda International Airport
circumventing possible frauds etc. (b) Begumpet Airport
The insurance regulator has constituted a 12- (c) Chennai International Airport
member task force headed by IRDAI (d) Sardar Vallabhbhai Patel International
Chairperson Debashish Panda. Airport
The panel has been asked to suggest (e) Netaji Subhash Chandra Bose
measures to ease the onboarding of International Airport
customers using Aadhaar, and steps for fraud Answer: B
management at underwriting and claims Ministry of Civil Aviation (MoCA), Airport
stages. Authority of India (AAI) and Federation of
It has also suggested measures for improving Indian Chambers of Commerce and Industry
the traceability of customers/beneficiaries to (FICCI) are organizing the upcoming edition of
reduce unclaimed amounts of policyholders. 'Wings India 2024'.
The 12-point terms of reference also seek
panel's suggestion on linking of ABHA ID
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Asia’s largest commercial, general, and The share of the crop sector dropped from
business aviation event to be held in January 62.4 per cent to 54.9 per cent in the total GVO
2024 at Begumpet Airport, Hyderabad, India. between 2011-12 to 2020-21.
Within the crop sector, fruits and vegetables
25. Recently (May 2023), what is the Share of account for the highest share of GVO,
Gross Value Added (GVA) of agriculture and followed by cereals.
allied activities in FY 2021 according to the Among the fruits, output was the highest for
recent report by the Ministry of Statistics and mangoes, followed by bananas.
programme implementation (MoSPI)? Among the vegetables, potato and tomato
(a) 12.6% together saw the highest production,
(b) 20.3% accounting for about 14 per cent of the group.
(c) 16.7% West Bengal reported the highest output in
(d) 18.2% fruits and vegetables i n all these years (2011-
(e) 17.4% 12 to 2020-21).
Answer: B The GVO of cereals, at 3.36 trillion, was the
A recent report by the Ministry of Statistics highest among all crop groups in 2011-12.
and programme implementation (MoSPI) Uttar Pradesh (UP) recorded the highest
reiterates the growing importance of the output of cereals in all the years (2011-12 to
livestock and fishing sector in India’s 2020-21).
agriculture mi x.
Livestock, fishing and aquaculture saw the 26. Recently (May 2023), in which of the
highest increase in gross value of output following state Strengthening Teaching -
(GVO) between 2011-12 to 2020-21. Learning and Results for States (STARS)
Livestock and fishing sector is dominated by Project is implemented under the Department
private players and has little or no government of School Education and Literacy, Ministry of
intervention. Education with the financial support of the
Share of GVA of agriculture and allied World Bank?
activities (FY2021): it was 20.3 percent, and it (a) Rajasthan
was the highest in a decade in the country’s (b) Tamil Nadu
total GVA. (c) Andhra Pradesh
It can be because of Covid when other sectors (d) Telangana
fared poorly. (e) Gujarat
Answer: A
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Ministry of Education and World Bank The STARS project also aims to focus on
organised a one of its kind workshop on initiatives of PM e-Vidya, Foundational
School-to-Work Transition under the STARS Literacy and Numeracy Mission and National
Program in Mumbai . Curricular and Pedagogical Framework for
School-to-Work Transition workshop under the Early Childhood Care and Education as part of
STARS Program was co-chaired by the Atmanirbhar Bharat Abhiyan.
Secretaries of School Education and Skill
Development and Entrepreneurship. 27. As per the recent (May 2023) report, what
Strengthening Teaching-Learning and Results is the growth achieved by the India’s coal
for States (STARS) Project was approved by production in the last nine years?
the Cabinet in October 2020 and to be (a) 32%
implemented as a centrally sponsored (b) 47%
scheme. (c) 56%
It became effective in 2021 for a period of five (d) 43%
years i.e. up to FY: 2024 -25. (e) 51%
STARS project would be implemented under Answer: B
the Department of School Education and India’s coal supply has reached 877.74 Million
Literacy, Ministry of Education with the tonnes in the last nine years.
financial support of the World Bank. It has recorded 45.37% growth in the last nine
It is being implemented in six identified states years.
viz. Himachal Pradesh, Maharashtra, Odisha, India’s coal production has achieved 47%
Rajasthan, Madhya Pradesh and Kerala. growth in the last nine years.
These states will be supported for various Overall coal production has increased up to
interventions to improve education quality. 893.08 Million tonnes in Financial Year 2023.
It is carved out of Samagra Shiksha, with a This is the highest in the history of the country.
focus on those elements of the scheme that The Coal Ministry said that according to the
will most directly support school education Action Plan for 2023-24, the coal production
enhancement. target for the financial year 2023-24 is 1,012
The overall focus and components of the Million tonnes.
STARS project are aligned with the objectives The coal Ministry has signed agreements for
of National Education Policy (NEP) 2020 of 23 coal mines having a cumulative peak-rated
Quality Based Learning Outcomes. capacity of 33.224 MT per annum during the
Financial Year 2022-23.
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The Ministry said it is expected that 25 coal From a mere 7.5 lakh tons in 1950-51, India’s
mines will be allocated during Financial Year total fish production has reached a record
2023-24 for commercial mining. 162.48 lakh tons per annum in 2021-22, with a
The Ministry focuses on enhancing coking 10.34% growth in fish production in 2021-22 in
coal production from 52 Million tonnes (MT) in comparison to 2020-21.
Financial Year 2022 to 140 MT in Financial India is the 3rd largest fish producing country
Year 2030. with about 8% share in global fish production .
The government launched Mission Coking It stands 2nd in aquaculture production and
Coal in August 2021. one of the top cultured shrimps producing
It was launched with a roadmap suggesting nation in the world,
ways to augment the production and utilization From mere 28.23 lakh tons per annum in
of domestic coking coal in India by 2030. 2000-01, the inland fish production stood at
121. 21 lakh tons per annum in 2021-22, a
28. Recently (May 2023), where did the Sagar staggering 400 percent increase.
Parikrama Yatra Phase-V was launched by
the Union Minister Parshottam Rupala? 29. Recently (May 2023), which of the
(a) Mahabubabad following year to be observed as the special
(b) Raigad year for tourism in Nepal?
(c) Majuli (a) 2024
(d) Chirang (b) 2025
(e) Nagarkurnool (c) 2023
Answer: B (d) 2026
Union Minister Parshottam Rupala launche d (e) 2028
the Sagar Parikrama Yatra Phase -V at Answer: B
Karanja (Raigad Dist.). The 2080s of the Bikram Samvat will be
More than 6000 fishermen, fish farmers and marked as ' the Visit Nepal Decade' and the
other dignitaries participated in the program at year 2025 as the special year for tourism.
Karanja (Raigad Dist.). Nepal's President Ram Chandra Poudel
The Sagar Parikrama fifth phase will be announced this while presenting the policies
organized at Raigad, Ratnagiri, and and programs for the fiscal year 2080/81 at a
Sindhudurg Districts in Maharashtra and joint sitting of the Federal Parliament.
Vasco, Mormugao, and Canacona in Goa. Previously, the government had announced to
observe 2020 as a 'visit Nepal year' which was
Page 321 of 424
later cancelled in the wake of the COVID (b) Rs 2 lakh

crisis. (c) Rs 1 lakh
The tourism sector, which has seen huge (d) Rs 5 lakh
losses from the COVID crisis, is slowly (e) Rs 1.5 lakh
recovering. Answer: C
From the beginning of 2023, about one lakh In a first-of-its-kind initiative in Andhra
tourists are visiting Nepal every month. Pradesh (AP), Visakhapatnam district
In addition, the President announced that launched the Niramaya Health Insurance
timely amendments would be made in tourism scheme.
related laws. To provide affordable health insurance for
Tourist destinations will be popularised in the children suffering from autism, cerebral palsy,
international community and necessary mental retardation, multiple disabilities, and
infrastructure will be created accordingly. others .
In all the 7 provinces, new tourist destinations District collector Dr A Mallikharjuna launched
will be identified and each province will be a the free health insurance scheme.
cultural village. The beneficiaries can claim up to Rs 1 lakh
New mountains will be opened to climb and per year towards medical reimbursement as a
security arrangements for climbers and part of the scheme initiated by the Central
tourists will be made more reliable. government with the support of the National
Also With the collaboration of private sectors, Trust under the Ministry of Social Justice and
'Samarmatha Special Honour' will be Empowerment.
conferred on foreign nationals considering The premium required for the health insurance
their role in the promotion of Nepal's art, to the tune of Rs 1.34 lakh in 4 different
culture, language, and literature in the categories was supported through Sanjeevani
international arena. Nidhi District Relief Fund
The money for the scheme was arranged from
30. Recently (May 2023), how much does the Sanjivani Nidhi, funds for which were donated
beneficiaries can claim per year towards by government employees on New Year's Day
medical reimbursement as a part of the (January 01).
Niramaya Health Insurance scheme launched Employees donated around 15 lakh to
in Visakhapatnam district of Andhra Pradesh Sanjivani Nidhi.
(AP)? The fund would be utilised for the poor, under
(a) Rs 3 lakh privileged and persons with special abilities.
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Also, a plan was being prepared for payment He prepared an effective action plan for the
of premium for ‘Sukanya Samruddhi Yojana’ month of May to July to make the benefits of
scheme for girls, who have lost their mother or Mukhya Mantri Tirth-Darshan Yojana by air
father & provide wheelchairs, tricycles and easily available to the elders of the state,
other aids to physically challenged persons in which will be launched on May 21, 2023 from
the district with ₹60 lakh from the Indian Oil Bhopal to Prayagraj.
Corporation Limited (IOCL), in the next couple In the same sequence, on May 23, 2023
of months. pilgrims of Agar-Malwa district, Uttar Pradesh
(UP) will leave from Indore airport for Shirdi,
31. Recently (May 2023), which of the Maharashtra.
following became the 1st state in India to On May 25,2023 pilgrims of Betul district, MP
organise government-funded air travel for will leave from Bhopal airport via Agra airport
pilgrimage purposes under the scheme of for Mathura-Vrindavan, UP.
'Mukhya Mantri Tirath Yatra Yojana'? On May 26,2023 pilgrims of Dewas, MP will
(a) Haryana leave from Indore airport for Shirdi,
(b) West Bengal Maharashtra and on June 3, 2023 pilgrims of
(c) Madhya Pradesh Khandwa, MP from Indore airport via Kolkata,
(d) Uttar Pradesh West Bengal (WB) for Gangasagar, WB.
(e) Maharashtra
Answer: C 32. Recently (May 2023), what is the
Madhya Pradesh (MP) Chief Minister (CM) estimated cost for transforming the
Shri Shivraj Singh Chouhan flagged off a Machilipatnam Port works into a thriving port
batch of 32 senior citizens comprising 24 men city, at Manginapudi in Krishna district, AP
and 8 women on pilgrimage to Uttar Pradesh's inaugurated by the Andhra Pradesh (AP)
(UP) Prayagraj from Bhopal, MP via flight Chief Minister (CM) Shri YS Jagan Mohan
under the scheme of 'Mukhya Mantri Tirath Reddy?
Yatra Yojana' (a) ₹4,125 crore
MP has become the 1st state in India to (b) ₹5,156 crore
organise government-funded air travel for (c) ₹3,212 crore
pilgrimage purposes. (d) ₹5,654 crore
So far, 7, 82,000 elderly people have (e) ₹6,214 crore
undertaken pilgrimage in 782 special trains Answer: B
under the scheme.
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Andhra Pradesh (AP) Chief Minister (CM) Shri Products plans to delist its global depository
YS Jagan Mohan Reddy inaugurated the receipts (GDRs)?
Machilipatnam Port works, at Manginapudi in (a) Hong Kong Stock Exchange
Krishna district, AP emphasising its potential (b) Shanghai Stock Exchange
for accelerated development and job creation. (c) New York Stock Exchange
With an estimated cost of ₹5,156 crore, this (d) Luxembourg Stock Exchange
project aims to transform Machilipatnam into a (e) NASDAQ
thriving port city, fostering economic growth Answer: D
and connectivity. Tata Consumer Products recently said that it
It is one of the three non-major ports will delist its global depository receipts (GDRs)
(Ramayapatnam in Nellore and Moolapeta in from the London Stock Exchange and
Srikakulam district are the other two), being Luxembourg Stock Exchange.
developed by the AP Maritime Board (APMB) It is a foreign currency-denominated
at an estimated cost of ₹11,465 crore (₹5,253 negotiable financial instrument issued by a
crore and ₹6,212 crore in the first and second depositary bank.
phases respectively), on a total extent of GDRs are certificates issued by a depository
3,700 acres. bank, which purchases foreign company
The project is being implemented by shares and deposits them in the account.
Machilipatnam Port Development Corporation GDRs are commonly used to raise capital
Limited, a special purpose vehicle floated by from international investors through public
the State government. stock offerings or private placement.
The Power Finance Corporation Limited Indian companies can only get their shares
sanctioned ₹3,940 crore as a loan for the listed on foreign exchanges through Global
construction of the greenfield port. Depository Receipts (GDR).
The debt-equity ratio has been pegged at GDRs help Indian companies get foreign
75:25 (₹3,940 crore through debt and ₹1,314 funds and gain access to international capital.
crore as equity by the APMB and the Only companies with a three-year sound
Government of A.P.). financial record can get access to GDRs.
Thus, Indian companies should get clearance
from the Ministry of Finance and Foreign
33. Recently (May 2023), in which of the Investment Promotion Board (FIPB) to obtain
following Stock Exchange, Tata Consumer GDRs.
Page 324 of 424

34. Recently (May 2023), what does the In the past, Indian companies such as Infosys,
International Financial Services Centre Wipro and HDFC Bank sold American
Authority (IFSCA), the regulatory body Depository Receipts (ADRs), which are traded
overseeing GIFT C ity’s international financial on the New York Stock Exchange.
services centre is considering permitting for
Indian shares? 35. According to a new report "Turning Off
(a) American Depository Receipt The Tap" launched by United Nations
(b) European Depository Receipt Environment Programme (UNEP), if countries
(c) Unsponsored Depository Receipt and companies make deep policy and market
(d) Global Depository Receipt shifts using existing technologies, how much
(e) International Depository Receipt percentage of Global plastic pollution can be
Answer: C reduced by 2040?
The International Financial Services Centre (a) 90%
Authority (IFSCA), the regulatory body (b) 80%
overseeing GIFT City’s international financial (c) 75%
services centre, is considering permitting (d) 95%
unsponsored depository receipts (UDRs) for (e) 70%
Indian shares. Answer: B
This move would offer investors the Global plastic pollution can reduce by 80 per
opportunity to invest in Indian stocks and avail cent by 2040 if countries and companies make
of tax benefits. deep policy and market shifts using existing
By introducing Indian UDRs, the International technologies and shift to a circular economy ,
Financial Services Centre (IFSC) in Gift City according to a new report launched by United
aims to boost liquidity, attracting foreign funds Nations Environment Programme (UNEP).
seeking offshore alternatives to the Mumbai The report "Turning Off The Tap" was
stock markets. released ahead of the negotiations resuming
Currently, Gift City offers derivatives, debt in Paris seeking a global agreement to beat
products, and UDRs of foreign companies plastic pollution.
such as Apple and Google. The report highlights the magnitude and
Depository receipts allow investors exposure nature of changes required to end plastic
to equities of foreign companies, with pollution and to create a circular economy to
custodian banks facilitating the transactions by replace the widespread use of single-use
purchasing shares and issuing receipts. plastics and their inappropriate disposal.
Page 325 of 424
According to the report, one million plastic The report ‘Born too Soon: Decade of Action
bottles are purchased every minute while up on Pre-term Birth” was recently released by
to five trillion plastic bags are used worldwide World Health Organization (WHO), United
every year. Nations Children’s Fund and Partnership for
In total, half of all plastic produced is designed Maternal, Newborn and Child Health
for single-use purposes, the UNEP confirms. (PMNCH).
About 400 million tonnes of plastic waste are As many as 152 million babies were born too
generated every year. soon in the world over the last decade.
Countries need to eliminate unnecessary and In the pandemic year of 2020, that number
problematic plastic use s. was 13.4 million.
They need to make three market shifts — That year, India was among the top five
reuse, recycle, and reorient and diversify. countries where babies were born too soon, or
It further adds that reuse systems provide the preterm – babies born alive before 37 weeks
highest opportunity to reduce plastic pollution of pregnancy (as opposed to full-term
(a reduction of 30 per cent by 2040) by pregnancy that runs to at least 39 weeks) – as
replacing some of the most problematic and per a United Nations-backed report published
unnecessary products. May 10.
'Recycling' can help reduce plastic pollution by India was at the fourth position in terms of
an additional 20 per cent, if only it becomes a preterm birth rates in 2020.
more stable and profitable venture. Almost half (45%) of all preterm babies in that
year were born in just five countries: India,
36. According to the report ‘ ‘Born too Soon: Pakistan, Nigeria, China and Ethiopia.
Decade of Action on Pre-term Birth” released The birth rate of preterm babies in India is 13.
by the WHO, UNICEF and PMNCH, what is Bangladesh, however, leads this list, with a
the rank of India where babies were born too birth rate of 16.2, followed by Malawi (14.5)
soon, or preterm? and Pakistan (14.4).
(a) 2 The “four Cs” are further adding to the issue of
(b) 3 preterm births, the report noted. Conflict,
(c) 5 climate change, COVID-19 and the cost-of-
(d) 6 living crisis “heighten threats for the most
(e) 4 vulnerable women and babies in all countries”.
Answer: E
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37. Recently (May 2023), what is the target have been implemented to enhance the ease
set to achieve a turnover and to promote of doing business.
domestic defence manufacturing by 2024-25? Over the past 7 to 8 years, the number of
(a) USD 25 billion defence licenses issued to industries has
(b) USD 30 billion increased by almost 200%, demonstrating the
(c) USD 20 billion growth of the sector.
(d) USD 15 billion With an estimated expenditure of
(e) USD 40 billion approximately USD 130 billion in capital
Answer: A procurement over the next 5 years, the Indian
India’s defence production rose more than armed forces (IAF) are poised to significantly
12% in FY 2022-2023 and crossed the 1 contribute to the growth of the domestic
trillion rupee ($12 billion) threshold for the first defence industry.
time. India’s defence exports have risen too,
To promote domestic defence manufacturing jumping 24% to about 160 billion rupees last
and has set a target of achieving a turnover of fiscal year.
USD 25 billion (Rs 1.75 lakh crore) in defence It exports Dornier-228 aircraft, artillery guns,
manufacturing by 2024-25, including an export Brahmos missiles made under a joint venture
target of USD 5 billion (Rs 35,000 crore) worth (JV) with Russia, radars, armoured vehicles,
of military hardware. rockets and Launchers, ammunition and other
The current value stands at Rs 1,06,800 crore equipment.
and is expected to rise further as data is
received from additional private defence
industries. 38. Recently (May 2023), where did the King
This marks a growth of over 12% compared to Fahd Naval Academy, Saudi Arabia arrived in
the previous year when the value of defence as part of the enhancing cooperation between
production was Rs 95,000 crore. the Indian Navy and the Royal Saudi Naval
The government has been working in close Force, the Saudi Arabian Armed forces
collaboration with defence industries and their collaborated for the first ever Maiden Afloat
associations to address challenges and Training of Saudi Cadets?
promote defence production in India. (a) Chennai
Policy reforms, including the integration of (b) Kochi
Micro, Small, and Medium Enterprises (c) Mumbai
(MSMEs) and start-ups into the supply chain, (d) Karwar
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(e) Visakhapatnam 39. Recently (May 2023), where will the 37th
Answer: B national game is scheduled to be held?
In a major move aimed at enhancing (a) Goa
cooperation between the Indian Navy and the (b) Gujarat
Royal Saudi Naval Force, the Saudi Arabian (c) Kerala
Armed forces collaborated for the first ever (d) Jharkhand
Maiden Afloat Training o f Saudi Cadets. (e) Assam
55 cadets from the King Fahd Naval Answer: A
Academy, Saudi Arabia arrived in Indian Olympic Association (IOA) approved
Kochi,Kerala, the headquarters of India's the inclusion of Gatka in the 37th National
Southern Naval Command, as part of their Games-2023.
first-ever training with the Indian Navy. The traditional game Gatka and Lagori have
Along with this 5 Directing Staff from King been included as demonstration sports.
Fahd Naval Academy, Saudi Arabia arrived The 37th national game is scheduled to be
onboard First Training Squadron (1TS) ships, held in Goa in October 2023 .
Indian Naval Ship (INS) Tir and INS Sujata at A total of 43 games will be organized at the
Kochi as part of afloat training with the Indian national game in collaboration with the
Navy. Government of Goa.
The cadets would be undergoing 24 days of For the first time, beach football, roll ball, golf,
afloat training on various aspects of sepaktakraw, sqay martial arts, kalliyarapattu
seamanship, navigation, fire fighting and and pencak silat will be medal sports at the
emergency drills onboard. 37th National Games.
To provide first-hand experience of life
onboard a sailing ship, the cadets would also 40. Recently (May 2023), Renowned British
be attached onboard Sail Training Ship, INS novelist Martin Amis has passed away at the
Sudarshini during this period. age of 73 in USA. Which of the following was
The maiden afloat training of cadets from the his novels?
Royal Saudi Naval Force onboard the Indian (a) White Noise
Navy's Training Squadron is a major stride (b) The Joy Luck Club
towards mutual cooperation between the two (c) The Colour Purple
Navies. (d) Beloved
(e) Novels Money
Answer: E
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Renowned British novelist Martin Amis has The three Indians also include ShaberTaher
passed away at the age of 73 in Lake Worth, Ali. He was employed in a civilian capacity
Florida,United States of America (USA). with the U.N. Assistance Mission for Iraq.
Amis was born on 25 August 1949 in Oxford, Singh and Vishnoi were among five people
England, United Kingdom (UK). killed during an anti-UN protest in the Eastern
He was the son of the well-known novelist city of Goma near Congo’s border with
Kingsley Amis, who came to fame with his Uganda.
book Lucky Jim. While Singh hailed from Sikar, Vishnoi
He was an English novelist, essayist, belonged to Barmer.
memoirist, and screenwriter. India first participated in a U.N. peacekeeping
He is best known for his novels Money (1984) mission in 1950.
and London Fields (1989). Dag Hammarskjold Medal is the highest
honour awarded to U.N. Peacekeepers.
41. Recently (May 2023), how many Indian It is named after Dag Hammarskjöld, the
peacekeepers awarded the Dag second Secretary-General of the United
Hammarskjold Medal by the United Nations on Nations.
May 25? This year marks the 75th anniversary of the
(a) 2 U.N. Peacekeeping. The International Day of
(b) 3 United Nations Peacekeepers is observed on
(c) 4 May 29.
(d) 5
(e) 6 42. Recently (May 2023), in which of the
Answer: B following state Jaisamand Wildlife Sanctuary
Three Indian peacekeepers awarded the Dag is located?
Hammarskjold Medal by the United Nations on (a) Rajasthan
May 25. (b) Karnataka
The three Indians include Border Security (c) Andhra Pradesh
Force (BSF) personnel Head Constables (d) Telangana
Shishupal Singh and Samwali Ram Vishnoi. (e) Maharashtra
They served with the OrganisationStabilisation Answer: A
Mission in the Democratic Republic of the Rajasthan Chief Minister Ashok Gehlot
Congo. virtually inaugurated ‘Jungle Safari’ at
Jaisamand Wildlife Sanctuary.
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Leopards, sloth bears, chinkara, wild boar, The main objective of the collaboration is to
and the number of birds are found in this break language barriers and provide
Wildlife Sanctuary. technology-driven solutions through the
Established in 1957, this sanctuaryis located Bhashini initiative.
beside the man-made lake of the same name. Its main aim is to provide personalized
Covering a total area of 160 sq km. assistance by understanding user queries in
Ashok Gehlot also addressed the inaugural multiple languages.
function of the Peace and Non-violence Cell Jugalbandi is a combination of AI models from
offices in all districts. AI4Bharat and Microsoft Azure OpenAI
Peace and non-violence are the basis of Service which will enable seamless
culture, harmony, and brotherhood. conversations between users and the chatbot.
Rajasthan is the only state where Peace and Jugalbandi will provide information regarding
Non-Violence Department exist. numerous government schemes and welfare
Jaisamand Wildlife Sanctuary is situated in the programs. It will especially help those people
Udaipur district of Rajasthan. who are unable to read, write, or understand
English.
43. Recently (May 2023), which of the It will reduce the need to visit government
following has launched a multilingual chatbot service centres and minimize the
‘Jugalbandi’ for rural India? inconvenience of retrieving missing
(a) Meta documents.
(b) Google Jugalbandi will cover 22 official languages and
(c) Apple around 20,000 government programs.
(d) Microsoft AI startup OpenNyAI is also involved in the
(e) Oracle development of this chatbot.
Answer: D
Microsoft launched a multilingual chatbot, 44. Recently (May 2023), how many coutries
Jugalbandi, for rural India. are exempted by the Finance Ministry from the
Jugalbandi, a multilingual chatbot powered by levy of angel tax for non-resident investment
generative AI, has been designed to serve in unlisted Indian start-ups?
rural areas of India. (a) 21
It has been developed in collaboration with (b) 15
AI4Bharat and IIT Madras. (c) 17
(d) 25
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(e) 27 shares of a closely held company, at a value

Answer: A which is higher than fair market value.
The Finance Ministry recently exempted In 2019, the Government announced an
investors from 21 countries from the levy of exemption from the Angel Tax for startups on
angel tax for non-resident investment in fulfillment of certain conditions. These are,
unlisted Indian startups. The startup should be recognized by the
Excluded entities include those registered with Department for Promotion of Industry and
Sebi as Category-I FPI, Endowment Funds, Internal Trade (DPIIT) as an eligible startup.
Pension Funds and broad-based pooled The aggregate amount of paid-up share
investment vehicles, which are residents of 21 capital and share premium of the Startup
specified nations, including the US, UK, cannot be more than ₹25 crores. This amount
Australia, Germany and Spain, as per the does not include the money raised from Non-
notification. Resident Indians (NRIs), Venture Capital
The other nations mentioned in the notification Firms, and specified companies.
are Austria, Canada, Czech Republic, For angel investors, the amount of investment
Belgium, Denmark, Finland, Israel, Italy, that exceeds the fair market value can be
Iceland, Japan, Korea, Russia, Norway, New claimed for a 100% tax exemption. However,
Zealand and Sweden. the investor must have a net worth of ₹2
It is a tax levied on the capital raised via the crores or an income of more than ₹25 Lakh in
issue of shares by unlisted companies if the the past 3 fiscal years.
share price of issued shares is seen in excess Previously, angel tax provisions were
of the fair market value of the company. applicable only for investments received from
The excess funds raised at prices above fair resident investors.
value is treated as income, on which tax is However, Finance Bill 2023 has extended its
levied. applicability to non-resident investors as well.
Angel tax essentially derives its genesis from
section 56(2)(viib) of the Income Tax Act, 45. Recently (May 2023), which of the
1961. following bank has been empanelled as a
It is levied at a rate of 30.9% on net Clearing and Settlement Bank with the Indian
investments in excess of the fair market value Clearing Corporation Ltd (ICCL)?
to deter the generation and use of (a) ICICI Bank
unaccounted money through subscription of (b) Yes Bank
(c) RBL Bank
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(d) Indian Bank norms related to frauds classification and

(e) City Union Bank reporting.
Answer: D The Reserve Bank had conducted statutory
Indian Bank has been empanelled as a inspection for supervisory evaluation of the
Clearing and Settlement Bank with the Indian bank with reference to its financial position as
Clearing Corporation Ltd (ICCL). on March 31, 2021.
The public sector bank can now facilitate Central Bank of India is an Indian public sector
banking services to members of BSE for bank based in Mumbai.
clearing and settlement operations. Shri M. V. Rao Managing Director & Chief
The bank also launched the e-TDR product for Executive Officer.
online transmission of FDR and margin with
ICCL on behalf of the clearing members with 47. Recently (May 2023), which of the
its dedicated branch – Fort, Mumbai. following bank has appointed Srikrishnan Hari
Indian Bank is an Indian public sector bank, Hara Sarma as an Additional Director to take
established in 1907 and headquartered in up the role of MD and CEO of the bank?
Chennai. (a) IDBI Bank
Devika Shah, MD & CEO, ICCL. (b) CSB Bank
(c) Karnataka Bank
46. Recently (May 2023), which of the (d) Bandhan Bank
following bank has received a penality of (e) Standard Chartered Bank
₹84.50 lakh from the RBI for non-compliance Answer: C
with certain provisions of norms related to The board of directors of Karnataka Bank Ltd
frauds classification and reporting? has appointed Srikrishnan Hari Hara Sarma
(a) Canara Bank as an Additional Director to take up the role of
(b) Union Bank MD and CEO of the bank.
(c) Punjab National Bank The bank informed stock exchanges that
(d) Indian Overseas Bank pursuant to the approval received from the
(e) Central Bank of India Reserve Bank of India (RBI), the board of
Answer: E directors at its meeting has appointed
The RBI has imposed a penalty of ₹84.50 lakh Srikrishnan Hari Hara Sarma as an Additional
on the Central Bank of India (the bank) for Director to take up the role of MD and CEO of
non-compliance with certain provisions of the Bank for three years effective from the
date of his assuming charge.
Page 332 of 424
Karnataka Bank Limited is an Indian private Import-Export Code (IEC) is an important

sector bank based in Mangalore. document required to undertake the business
of inbound and outbound shipments.
48. Recently (May 2023), what is the amount
of interest subvention per IEC (import-export 49. Recently (May 2023), who has been
code) holder in one financial year capped by elected by the Confederation of Indian
the government? Industry (CII) as its President for 2023 -24?
(a) Rs 10 crore (a) Rajiv Memani
(b) Rs 2 crore (b) Harsh Jain
(c) Rs 12 crore (c) Sanjiv Bajaj
(d) Rs 5 crore (d) SanjivPuri
(e) Rs 7 crore (e) R Dinesh
Answer: A Answer: E
The government capped the amount of The Confederation of Indian Industry (CII) has
interest subvention at Rs 10 crore per IEC elected R Dinesh, the Executive Vice
(import-export code) holder in one financial Chairman of TVS Supply Chain Solutions as
year. its President for 2023-24.
In March last year, the RBI extended the He takes over from Sanjiv Bajaj, the Chairman
interest equalisation scheme for pre and post- and Managing Director of Bajaj Finserv
shipment rupee credit for MSME exporters till Limited.
March 2024 with the objective of boosting Dinesh is a fourth-generation member of the
outbound shipments. TVS family.
Exporters get subsidies under the 'Interest He founded TVS Supply Chain Solutions
Equalisation Scheme for pre and post- (formerly known as TVS Logistics) in 1995
shipment Rupee Export Credit'. and steered the company into a billion-dollar
All disbursements made from April 1, 2023, organisation. Under his leadership, the
shall be counted for an IEC for the current company also expanded into more 50
financial year. countries.
The interest equalisation rates under the As per a statement by CII, SanjivPuri, the
scheme have been revised to 2 per cent and 3 Chairman and Managing Director of ITC
per cent for specified categories of MSME Limited, will assume the role of President-
manufacturer exporters. Designate of CII for the year 2023-24.
Page 333 of 424

Rajiv Memani, Chairman of the India region of IAMAI represents the digital services industry
Ernst & Young (EY), a global professional in India and has over 500 Indian and
services organisation, has been appointed as multinational corporations as its members. Its
the Vice President. mandate is to expand and enhance the online
and mobile value-added services sectors.
50. Recently (May 2023), who has been
elected as the chairman of the Internet and 51. Recently (May 2023), which of the
Mobile Association of India (IAMAI)? following has made a rolled out support for
(a) Rajiv Memani RuPay credit cards on Unified Payments
(b) Harsh Jain Interface (UPI) in association with the National
(c) Sanjiv Bajaj Payments Corporation of India (NPCI)?
(d) SanjivPuri (a) PhonePe
(e) R Dinesh (b) Google Pay
Answer: B (c) Paytm
Harsh Jain, co-founder and chief executive (d) BHIM
officer (CEO) of Dream Sports has been (e) Razorpay
elected as the chairman of the Internet and Answer: B
Mobile Association of India (IAMAI). Google Pay in association with the National
He will serve the post for the next two years. Payments Corporation of India (NPCI) rolled
Jain replaces Sanjay Gupta, vice-president, out support for RuPay credit cards on Unified
and country manager at Google India. Payments Interface (UPI).
Rajesh Magow, co-founder and group CEO, Google Pay users can now link their RuPay
MakeMyTrip, and SatyanGanjwani, vice- credit cards with Google Pay to pay at online
chairman, Times Internet, have been elected and offline merchants.
the vice-chairman and the treasurer of the This feature will give more flexibility to Google
association. They will replace ShivnathThukral pay users and increase the adoption of digital
and HarshilMathur, respectively. payments in India.
The new 24-member governing council and This feature will be available to RuPay credit
the new executive council of the IAMAI will card holders of Axis Bank, Bank of Baroda
take charge of the present councils at the next (BoB), Canara Bank, HDFC Bank, Indian
annual general meeting. Bank, Kotak Mahindra Bank, Punjab National
The IAMAI governing council election is held Bank (PNB) and Union Bank of India (UBI).
every two years.
Page 334 of 424
The integration of RuPay Credit Card on UPI Indians abroad will be treated at par with
delivers a remarkable user experience internati onal credit or debit cards.
seamlessly combining the convenience of UPI They will be treated at par with international
with the benefits of RuPay Credit Card. credit or debit cards.
Thereafter, users will need to set a unique UPI Under LRS, all resident individuals, including
PIN by entering the last 6 digits of the card minors, are permitted to freely remit up to
number and expiry, entering the OTP from $2,50,000 per fiscal year for any permissible
their bank. current or capital account transaction or a
At present, there is no option to add Visa and combination of both.
Master-issued credit cards to Google Pay or Resident individuals are allowed to use foreign
any other UPI payment app in India. exchange facilities up to the limit of $2,50,000
The Reserve Bank of India (RBI) had allowed only.
linking of RuPay credit cards to the UPI Corporates, partnership firms, HUF, Trusts
platform in June 2022. etc. are not eligible for the scheme.
The Ministry of Finance (MoF) in consultation
52. Recently (May 2023), how much does the with the Reserve Bank of India (RBI) has
amount for which no Tax Collected at Source omitted Rule 7 of FEM (CAT) Rules 2000.
(TCS) will be levied on individual payments It has removed the relaxation given to the
using international debit or credit cards ? users of international credit cards for their
(a) upto Rs 8 lakh transactions by a person when they are on
(b) upto Rs 4 lakh overseas visit.
(c) upto Rs 5 lakh The change brings overseas international
(d) upto Rs 7 lakh credit card spending under the liberalised
(e) upto Rs 10 lakh remittance scheme (LRS) of the RBI.
Answer: D The government announced that all
Payments through international debit or credit international credit card spending outside of
cards up to ₹7 lakh will not come under the India will be a part of LRS, which will attract a
Liberalised Remittance Scheme (LRS). higher tax collected at source at 20%.
The Finance Ministry clarified such payments The new tax rate will come into effect from
will not attract Tax Collected at Source (TCS). July 1, 2023.
Meanwhile, transactions through UPI (Unified
Payment Interface) exceeding ₹7 lakh by 53. Recently (May 2023), the government has
reduced the subsidy on electric two-wheelers
Page 335 of 424
in an effort to overhaul the financial incentives. centers in the country, how much cities is
Currently, what is the subsidy fo r electric two- planned to develop?
wheelers ? (a) 5
(a) ₹15,000 (b) 6
(b) ₹10,000 (c) 8
(c) ₹12,000 (d) 12
(d) ₹8,000 (e) 15
(e) ₹20,000 Answer: C
Answer: B A plan to develop eight new cities to alleviate
The government has cut the subsidy on population burden on the existing urban
electric two-wheelers in an effort to overhaul centres in the country is under consideration.
the financial incentives given to this growing The 15th Finance Commission in one of its
industry. reports had recommended that new cities
The heavy industries ministry announced that should be developed.
the subsidy would be reduced to ₹10,000 per After the finance commission's
kilowatt hour (kWh) effective 1 June from recommendation, the states sent proposals to
₹15,000 currently. the Central Government for 26 new cities, and
The lower subsidy would be applicable to all after a scrutiny, eight new cities are being
electric two-wheelers registered on or after 1 considered for development.
June, the ministry said in a notification. The government will in due course announce
Further, the cap on incentives for such locations for the new cities and their
vehicles has been lowered to 15% of the ex- development timelines.
factory price of vehicles from the earlier 40%. When a new city is developed, social and
But the total amount allocated toward economic activities will increase within a
providing incentives for these vehicles will be radius of at least 200 km.
raised from the current ₹2,000 crores.
On 17 May, the ministry announced the 55. Recently (May 2023), in which of the
impending plan to lower the subsidy on following state Cisco plans to set up a
electric two-wheelers. manufacturing plant to make two of its highest
volume products: switching networks and
54. Recently (May 2023), to alleviate cutting-edge router platforms?
population burden on the existing urban (a) Tamil Nadu
(b) Karnataka
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(c) Maharashtra inaugurated an online rural education

(d) Andhra Pradesh programme ‘Pahal’ at Government UP Sainik
(e) Telangana Inter College, Sarojini Nagar in Lucknow, UP.
Answer: A This programme has been prepared by the
Cisco will set up a manufacturing plant in department of secondary education in
Tamil Nadu (TN) to make two of its highest collaboration with Indian Institute of
volume products: switching networks and Technology (IIT) Kanpur.
cutting-edge router platforms. To provide educational opportunities to rural
The manufacturing facility in Tamil Nadu children who have limited access to quality
would generate 1,200 job opportunities. education.
Cisco has set a target of $1 billion in 'Pahal' is designed to bridge the education
combined domestic production and exports in gap between rural and urban areas.
the upcoming years. Under this programme, free online education
Cisco plans to establish core manufacturing will be provided at 10 government secondary
capabilities in India, including testing, schools of UP in the initial phase.
development, logistics, and expanding in- This facility will be provided in 40,000 schools
house repair operations in UP in the coming days.
Through these classes, students of rural areas
56. Recently (May 2023), what is the online will be able to get the latest information related
rural education programme inaugurated by the to science and mathematics.
Chief secretary Durga Shankar Mishra of
Government of Uttar Pradesh and is 57. Recently (May 2023), which of the
organized by the department of secondary following joins with Genpact and has launched
education in collaboration with Indian Institute Be.Seen which is a program to help scale
of Technology (IIT) Kanpur? businesses owned by minority and under-
(a) Pahal represented groups in India?
(b) Gram Shiksha (a) Godrej
(c) Prsatat Shiksha (b) Dabur
(d) Sudhiksha (c) Hindustan Unilever
(e) Paathshala (d) ITC
Answer: A (e) Britannia
Chief secretary Durga Shankar Mishra of Answer: C
Government of Uttar Pradesh (UP)
Page 337 of 424
In a bid to give a fillip to diverse and JSW Steel announced that its wholly-owned
sustainable sourcing, Hindustan Unilever subsidiary JSW Steel Coated Products
(HUL) and Genpact have launched Be.Seen Limited (JSWSCPL) will complete the
— a program to help scale businesses owned acquisition of National Steel and Agro
by minority and under-represented groups in Industries (NSAIL) for a total consideration of
India. ₹621 crore.
HUL and Genpact aim to enable these JSW Steel Coated Products, a wholly-owned
businesses to eventually get absorbed into the subsidiary, got approval in respect to the
supply chains of large consumer companies, corporate insolvency resolution process of
including that of HUL. NSAIL.
The program is implemented by Sattva, a As per the approved plan, JSW Steel Coated
social impact research and advisory firm. And Products proposes to pay ₹612.47 crore to the
in the pilot phase, the program will help financial creditor of NSAIL, towards
shortlisted business owners to develop assignment of the financial debt owed by
behavioural and technical skills over a period NSAIL to such financial creditor.
of six months. JSW Steel Coated Products will infuse
HUL, Genpact and Sattva will accept another ₹8.52 crore by way of loan (in one or
applications from businesses that are 51% or more tranches) towards full and final
more owned, managed, or controlled by discharge and settlement of unpaid insolvency
members of diverse groups, and are certified resolution process costs, payment towards
by an approved certification body or who self- operational creditors (including workmen and
declare as diverse businesses. employees) and other mandatory payments.
58. Recently (May 2023), how much does the 59. Recently (May 2023), where did the
acquisition amount proposed by the JSW second edition of Al -Mohed-Al Hindi Joint
Steel to acquire National Steel and Agro Naval Exercise between India and Saudi
Industries (NSAIL)? Arabia held?
(a) ₹551 crore (a) Al Jubail
(b) ₹621 crore (b) Abu Dhabi
(c) ₹631 crore (c) Arabian Sea
(d) ₹572 crore (d) Goa
(e) ₹465 crore (e) Riyadh
Answer: B Answer: A
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The second edition of Al-Mohed-Al Hindi, Joint The name of the ship, derived from the
Naval Exercise between India and Saudi Sanskrit word ‘Tarkash,’ meaning “Quiver of
Arabia, conducted from 21 - 25 May 2023 off Arrows,” pays homage to its agility and
Al Jubail, Saudi Arabia. versatility.
This exercise will enhance maritime security, INS TARKASH has actively participated in
and enhance interoperability between the many humanitarian missions such as
Indian and Saudi naval forces. Operation Raahat, Operation Kaveri , etc.
The first edition of this exercise was INS SUBHADRA is a patrol vessel of the
successfully conducted in August 2021, Indian Sukanya class.
Naval Ship (INS) Kochi , the flagship destroyer It served as a test bed for Dhanush ballistic
of the Western Naval Fleet, arrived at the missiles.
Port-al-Jubail, Saudi Arabia representing
India. 60. Recently (May 2023), V.Prraneeth became
In 2023, maritime patrol aircrafts are also India’s 82nd Grandmaster when he
participating in the exercise. outsmarted GM Hans Niemann of US in the
This exercise will deepen defence ties penultimate round of Baku Open 2023. He
between India and Saudi Arabia. belongs to which of the following state of India
AL-MOHED AL-HINDI 2023’ comprises a ?
series of exercises conducted on land and at (a) Karnataka
sea. (b) Telangana
Marking a significant milestone in the growing (c) Maharashtra
defense cooperation between India and the (d) Tamil Nadu
Kingdom of Saudi Arabia, the INS TARKASH, (e) Kerala
the flagship frigate of the Indian Western Answer: B
Naval Fleet, along with the INS SUBHADRA, V.Prraneeth became Telangana’s sixth and
an offshore patrol vessel, arrived at Port Al- India’s 82nd Grandmaster when he outwitted
Jubail. GM Hans Niemann of US in the penultimate
INS TARKASH was commissioned in 2012 round of Baku Open 2023.
and is a state-of-the-art stealth frigate of the The win against the top seed helped
Talwar class. Prraneeth to cross ELO 2500 in the live
It is equipped with advanced weapon-sensor ratings, 2500.5 to be exact having already
technology. earned the third GM norm in the earlier
tournament.
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The 15-year-old Prraneeth earned his first This is against real GDP growth of 7.8%
GM-norm at GM March 2022 where he also projected in the April 2023 Bi -monthly
became an IM and his second GM-norm at Monetary Policy Statement.
Biel MTO in July 2022. The nowcast GDP growth is based on partial
Nine months later, he earned his final GM- data available for April 2023.
norm at 2nd Chessable Sunway Formentera The nowcast GDP growth is based on
Open 2023. assuming an implied GDP growth of 5.1% for
The first Indian Grandmaster was Q4 (January-March) FY23.
Viswanathan Anand, who held the title in The index of supply chain pressure for India
1988. (ISPI) remained at levels below historical
Sayantan Das became India's 81st average since July 2022.
Grandmaster after his victory at the GDP growth in the first quarter of FY24 will be
International Festival des Jeux in Cannes, driven by private consumption.
France. It will be supported by revival in rural demand.
Domestic service sector activity will be led by
61. Recently (May 2023), what is the the rebound in contact-intensive services.
forecasted Gross Domestic Product (GDP) It will be led by resilience in construction
growth rate announced by the Reserve Bank activity.
of India (RBI) for the first quarter of the fiscal
year 2023-2024 (Q1 FY24)? 62. Recently (May 2023), which of the
(a) 7.6% following country has expressed keen interest
(b) 7.8% in joining India's Unified Payments System
(c) 7.1% (UPI)?
(d) 6.7% (a) Germany
(e) 6.8% (b) Japan
Answer: A (c) Italy
The Reserve Bank of India (RBI) has (d) France
announced its economic activity index (EAI) (e) Spain
nowcast, forecasting a strong Gross Domestic Answer: B
Product (GDP) growth rate of 7.6% for the first Japan's Digital Minister Kono Taro has
quarter of the fiscal year 2023-2024 (Q1 expressed keen interest in joining India's
FY24). Unified Payments System (UPI), referring to
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the ongoing digital cooperation between the The Pandemic Fund was created in the
two countries. aftermath of the Covid-19 pandemic by the
To provide mutual recognition of e-IDs of both World Bank to strengthen pandemic
the countries and to expand digital prevention, preparedness, and response
transactions. capacities in low- and middle-income
Japan and India aim to promote digital countries.
cooperation by creating interoperability India has requested funding from the World
through real-time funds transfer systems to Bank’s Pandemic Fund to combat pandemics
facilitate digital payments. in both humans and animals.
Mr. Kono stated that UPI is a very convenient Most zoonotic (animal-to-human and human-
system of payment, where we can increase to-animal) diseases have been found to have
the interoperability of our payment system their origins in animals, according to scientists.
between Japan and India, or other countries The fund's website states that its governing
like Singapore, Thailand. board approved $300 million for the first
Apart from Singapore, Thailand and United tranche of funding to assist developing nations
Arab Emitraes (UAE), other countries that in better preparing for upcoming global
have shown interest in UPI include Bahrain, pandemics.
Mauritius and Indonesia. The United States and the European Union
have pledged significant contributions, with
63. Recently (May 2023), how much does total commitments exceeding $1.6 billion.
India made a funding request to the World To enhance global pandemic prevention,
Bank’s Pandemic Fund to combat pandemics preparedness, and response capabilities
in both humans and animals? among donor governments, recipient
(a) $55 million countries, foundations, and civil society
(b) $65 million organizations, this fund was established in
(c) $35 million September 2022.
(d) $50 million The World Bank serves as the trustee of the
(e) $60 million Pandemic Fund and hosts its Secretariat,
Answer: A which includes technical staff from the World
India made a funding request of approximately Health Organization (WHO).
$55 million to the World Bank’s Pandemic
Fund in its first call in May 2023.
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64. Recently (May 2023), which of the South Africa enacted a law requiring stringent
following country is set to introduce mandatory alcohol warning labels in 2017, but repealed it
health warnings on alcohol products ? in 2020.
(a) Netherland Other countries also have warnings on alcohol
(b) Poland products, but Ireland's regulations aim to be
(c) Iceland more comprehensive.
(d) Ireland
(e) Finland 65. Recently (May 2023), which of the
Answer: D following is the Handmade Paper of Arunachal
Ireland is set to become the first country to Pradesh and it has been revived with the
introduce mandatory health warnings on committed efforts of the Khadi and Village
alcohol products. Industries Commission (KVIC) since 2020?
The new regulation has been signed by Health (a) Monpa
Minister Stephen Donnelly, which will take (b) Mouldana
effect in three years (May 22, 2026). (c) Haathi Chaap
However, the labels will not be mandatory until (d) Elrhino
May 2026. (e) Kagaj
To raise awareness about the potential health Answer: A
risks associated with alcohol consumption. The Khadi and Village Industries Commission
Ireland will introduce mandatory health (KVIC) played an important role in conserving
labelling of alcoholic beverages, with warnings and reviving the Handmade Paper-making art
regarding the risk of cancer, liver disease and of Tawang, Arunachal Pradesh.
drinking while pregnant. The Monpa Handmade Paper of Arunachal
The introduction of health warnings on alcohol Pradesh has been revived with the committed
bottles and cans will serve as a powerful tool efforts of the KVIC.
for public health promotion and education . The Monpa Handmade Paper-making art
It will also alert consumers to calorie and originated over 1000 years ago and gradually
alcohol content. became an integral part of the local customs
It will provide concise information about the and cultures in Tawang in Arunachal Pradesh.
health hazards linked to excessive alcohol This handmade paper was the source of living
consumption, encouraging individuals to make for the local people of Tawang.
informed decisions. This handmade paper has almost disappeared
in the last 100 years.
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KVIC implemented its revival plan and this As per the list, India ranked at number 103
paper has become functional since 2020. with unemployment as the major contributing
factor.
66. Recently (May 2023), according to the It is important to note that World most
Hanke’s Annual Misery Index (H AMI) 2022 happiest country Finland ranked at 109 in the
report, what is the rank of India with world's most miserable countries list, again
unemployment as the major contributing with unemployment as the most contributing
factor? factor.
(a) 65 Pakistan which is currently grappling with
(b) 54 economic and political crisis ranked at number
(c) 98 35 in the world's most miserable countries list,
(d) 76 with inflation as the most contributing factor.
(e) 103 Of all the 157 countries analysed, Switzerland
Answer: E ranked at number 157 making it the least
The Hanke’s Annual Misery Index (HAMI) miserable of all the countries.
2022 list of the world's most miserable Other countries which are the least miserable
countries is out. are Kuwait (156), Ireland (155), Japan (154),
As per the index, Zimbabwe has topped the Malaysia (153).
list of world's most miserable country .
The index was formed after analyzing 157 67. Recently (May 2023), which of the
countries and the misery index is the sum of following has launched a bonds platform for
the year-end unemployment, inflation, and retail investors to invest in government bonds,
bank-lending rates, minus the annual corporate bonds, and tax-free bonds, all in
percentage change in real GDP per capita. one place?
Apart from Zimbabwe, other countries like (a) PhonePe
Venezuela, Syria, Lebanon, Sudan took the (b) Paytm
top 5 spots in the list of World's most (c) GooglePay
miserable counties in 2022. (d) BHIM
Apart from Syria, the major contributing factor (e) Razorpay
to misery of the top 5 countries is inflation Answer: B
while Syria was impacted by unemployment. Paytm Money subsidiary of One97
Communications Limited (OCL) that owns the
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brand Paytm, has launched a bonds platform (e) 1887

for retail investors in India. Answer: B
The platform enables investors to invest in The Union Education Ministry has decided to
government bonds, corporate bonds, and tax- discontinue ‘Shiksha Puraskar’ and the
free bonds, all in one place . ‘Hinditar Bhashi Hindi Lekhak Puraskar’ .
Bonds on the Paytm Money app presents ‘Shiksha Puraskar’ was launched by the
investors with all relevant information in one Central Government in 1992 to encourage
place and convert everything to yield so that original writings in Hindi.
investors can analyse and understand the Five awards worth Rs 1 lakh are given every
returns they can earn year under the ‘Shiksha Puraskar’.
The bonds platform on the Paytm Money app Writers from any part of India or publishers on
provides investors with comprehensive their behalf may submit their books for this
information, converting it into yield to help award.
them analyse and understand potential Books originally written in Hindi by Hindi and
returns. non-Hindi-speaking authors are considered for
The bonds can be sold on the market at any this award.
time without any premature penalties or lock- The ‘Hinditar Bhashi Hindi Lekhak Puraskar’
ins, allowing investors to manage their was started to promote writings in Hindi by
investments flexibly. writers from non-Hindi-speaking areas.
As a Securities and Exchange Board of India 19 awards of one lakh rupees every year are
(SEBI)-registered broker, Paytm Money stated given under this award. Its main objective is to
that it is leveraging the existing regulatory encourage Hindi writers from Hindi-speaking
framework to innovate and bring a secure and areas.
transparent bond product to India .
69. Recently (May 2023), which of the
68. When did the ‘Shiksha Puraskar’ was following country has rece ived 20 Broad
launched by the Central Government and the Gauge (BG) locomotives from Indian
Union Education Ministry has recently (May Railways?
2023) decided to discontinue the award? (a) Nepal
(a) 1990 (b) Afghanistan
(b) 1992 (c) Bhutan
(c) 1994 (d) Bangladesh
(d) 1886 (e) Pakistan
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Answer: D (a) ₹72.12 lakh

Indian Railways handed over 20 Broad Gauge (b) ₹84.50 lakh
(BG) locomotives to Bangladesh. (c) ₹63.45 lakh
Shri Ashwini Vaishnaw, Minister of Railways (d) ₹93.54 lakh
virtually flagged off locomotives to Bangladesh (e) ₹51.36 lakh
in a handing over ceremony held on 23rd May Answer: B
2023 at Rail Bhavan, New Delhi. The Reserve Bank of India (RBI) has imposed
From the Bangladesh side, Minister of a penalty of ₹84.50 lakh on the Central Bank
Railway, Md. Nurul Islam Sujan joined in of India (the bank) for non-compliance with
virtually. certain provisions of norms related to fraud
Shri Ashwini Vaishnaw said that as of now, classification and reporting.
five Broad Gauge connectivity are operational The RBI had conducted statutory inspection
between India and Bangladesh. for supervisory evaluation of the bank with
They are Geda- Darsana, Benapol- Petrapol, reference to its financial position as on March
Singhabad- Rohanpur, Radhikapur- Birol and 31, 2021.
Haldibari-Chilahati. Examination of the reports revealed that the
Work on two more cross border rail public sector lender had failed to report fraud
connectivities (Akhaura-Agartala and to RBI certain accounts within 7 days of the
Mahihasan-Shahbazpur) is likely to be decision of Joint Lenders' Forum (JLF) to
completed shortly. declare the accounts as fraud.
In June 2020, Indian Government provided 10 It had recovered SMS alert charges from its
locomotives to Bangladesh as grant. customers on a flat basis rather than on actual
Presently three pairs of passenger trains usage basis.
between India and Bangladesh are running. The penalty is based on deficiencies in
They are Kolkata-Dhaka Maitree Express, regulatory compliance and is not intended to
Kolkata-Khulna Bandhan Express and New pronounce upon the validity of any transaction
Jalpaiguri- Dhaka Mitali Express. or agreement entered into by the bank with its
customers.
70. Recently (May 2023), how much was the
penalty imposed on the Central Bank of India
for non-compliance with certain provisions of 71. Recently (May 2023), which of the
norms related to fraud classification and following bank is merging with the Cosmos
reporting?
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Co-operative Bank to ensure the stability and states, had deposits and advances of ₹16,522
continuity of services of the bank? crore and ₹12,293 crore, respectively
(a) Maratha Sahakari Bank
(b) Kalupur Commercial Bank
(c) Janata Co-operative Bank 72. Recently (May 2023), what is the rise in
(d) TJSB Co-operative Bank the net profit of the Life Insurance Corporation
(e) Abhyudaya Bank Ltd of India (LIC) for the fourth quarter ended
Answer: A March 2023 ?
The Reserve Bank of India (R BI) has (a) ₹13,191 crore
sanctioned the voluntary Scheme of (b) ₹13,696 crore
Amalgamation of Maratha Sahakari Bank with (c) ₹12,747 crore
The Cosmos Co-operative Bank. (d) ₹12,121 crore
All the branches of Maratha Sahakari Bank (e) ₹11,422 crore
Ltd., Mumbai (Maharashtra) will function as Answer: A
branches of The Cosmos Co-operative Bank Insurance behemoth Life Insurance
Limited, Pune (Maharashtra) with effect from Corporation of India (LIC) posted a more than
May 29, 2023. 5-fold jump in consolidated net profit to
The merger with Cosmos Co-operative Bank ₹13,191 crore for the fourth quarter ended
is aimed at ensuring the stability and March 2023.
continuity of services of Maratha Sahakari The insurer had earned a profit of Rs 2,409
Bank. crore in the same quarter a year earlier.
The RBI had placed Maratha Sahakari Bank, However, the total income of the insurer
which was founded in 1946 and has 7 during the March quarter declined to
branches in Mumbai, under Directions under ₹2,01,022 crore from ₹2,15,487 crore in the
Section 35 of the Banking Regulation Act, same period of the previous fiscal
1949, on August 31, 2016. For the entire financial year 2022-23, LIC
The Scheme has been sanctioned in exercise registered a multi-fold rise in net profit to Rs
of the powers conferred under Sub-Section (4) 35,997 crore from Rs 4,125 crore in the
of Section 44A read with Section 56 of the previous financial year.
Banking Regulation Act, 1949. The board of LIC has recommended a final
As of March-end 2022, The Cosmos Co- dividend of ₹3 per equity share with a face
operative Bank, which is a multi-state urban value of ₹10 each for the year ended March
co-operative bank with 140 branches in 7 31, 2023.
Page 346 of 424
The solvency ratio - which measures an Gevra mine is currently being expanded to
insurance company's cash flow in comparison achieve 70 MT of production, making it the
to the amount it owes as total life cover - largest coal producing mine in Asia.
increased to 1.87% as of March 31, 2023, Coal secretary Amrit Lal Meena was on a two-
against 1.85% at the end of the preceding day visit to Chhattisgarh.
fiscal. Along with officials of South East Central
In 2022, the government raised ₹20,557 crore Railway (SECR) at SECL headquarters in
by diluting its 3.5% stake in the LIC through Bilaspur, Meena reviewed the rail projects of
the initial public offering (IPO), the country's Chhattisgarh East Railway Limited (CERL)
biggest ever. and Chhattisgarh East West Railway Limited
The government sold over 22.13 crore shares (CEWRL).
or a 3.5% stake in LIC through the IPO. He inaugurated 'Chhal' rail siding in SECL,
The price band of the issue was ₹902-949 a Raigarh area and also took stock of the
share. progress of two rail corridors being developed
on Special Purpose Vehicle (SPV) model in
73. Recently (May 2023), how much coal the state.
production to be achieved in annual to make Under the PM Gati Shakti national master
SECL's Gevra coal mine as the largest coal plan, the infrastructure required for
producing mine in Asia? transportation of coal is being developed in
(a) 50 MT the country and the new rail corridor will prove
(b) 70 MT to be a milestone in this regard.
(c) 80 MT
(d) 100 MT 74. Recently (May 2023), what will be the
(e) 150 MT diameter of the Rs 75 special commemorative
Answer: B coin launched to mark the opening of the new
The government is scaling up the annual Parliament building?
production of SECL's Gevra coal mine to 70 (a) 40 millimeters
MT making it the largest. (b) 42 millimeters
Gevra project of South Eastern Coalfields Ltd (c) 44 millimeters
(SECL) in Chhattisgarh recently became the (d) 45 millimeters
first mine in the country to achieve 50 MT of (e) 47 millimeters
coal production. Answer: C
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Government will launch a special Shri Giriraj Singh to promote dig ital
commemorative coin of Rs 75 to mark the transactions in 50000 Gram Panchayats?
opening of the new Parliament building. (a) Lucknow
A special commemorative of Rs 75 coin will be (b) Kanpur
released on the occasion of the inauguration (c) Prayagraj
of the new Parliament building. (d) Meerut
Rs 75 coin will be circular in shape with a (e) Noida
diameter of 44 millimetres. Answer: A
It will have 200 serrations. 'Samarth campaign' has been launched by
The face of the coin will have the Lion Capitol Shri Giriraj Singh to promote digital
of Ashoka Pillar in the centre with 'Satyameva transactions in 50000 Gram Panchayats under
Jayate' inscribed below it. Amrit Mahotsav in Lucknow.
It will have 'Bharat' written in Devanagari script The Ministry of Rural Development is running
on the left and 'India' in English on the right. this campaign, w hich was started on 1st
It will be made up of a quaternary alloy with 50 February 2023 and will continue till 15 August
per cent silver, 40 per cent copper, 5 per cent 2023.
nickel, and 5 per cent zinc. The major thrust of the Samarth campaign is
On the other side of the coin, there will be a to promote digital transactions in rural areas,
picture of Parliament House, above which will with a special focus on women.
be written 'Sansad Sankul' in Devanagari Shri Giriraj Singh said that the NPA of Self-
script and 'Parliament Complex' in English Help Groups (SHGs) which was 9.58% in
below. 2013, has come down to below 2% now.
This coin is not legal tender, it will be a
commemorative coin. 76. Recently (May 2023), what is the amount
The Reserve Bank of India (RBI) is of interest subvention capped by the
responsible for the circulation of coins in India. government in one financial year per IEC
Under the Coinage Act, 1906, the central (import-export code) holder?
government has the power of designing and (a) Rs 5 crore
minting of coins. (b) Rs 10 crore
(c) Rs 12 crore
75. Recently (May 2023), where did the (d) Rs 15 crore
'Samarth campaign' has been launched by (e) Rs 8 crore
Answer: B
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The government capped the amount of The Central government signed an agreement
interest subvention at Rs 10 crore per IEC with Assam, Gujarat, Madhya Pradesh,
(import-export code) holder in one financial Odisha, Rajasthan and Uttar Pradesh to
year. conduct the Digital crop survey .
In March 2022 the RBI extended the interest The agreement has been signed at a
equalisation scheme for pre and post- workshop, which was organized by the Union
shipment rupee credit for Micro, Small and agriculture ministry to discuss with state
Medium Enterprises (MSME) exporters till governments the implementation plan of the
March 2024 with the objective of boosting Digital crop survey.
outbound shipments. A manual for a web portal and a mobile
Exporters get subsidies under the 'Interest application for a Digital crop survey has been
Equalisation Scheme for pre and post- also launched on this occasion.
shipment Rupee Export Credit'. Digital crop survey is part of the government's
All disbursements made from April 1, 2023, Agristack or India Digital Ecosystem for
shall be counted for an IEC for the current Agriculture (IDEA).
financial year. Agristack and Krishi-Decision Support System
The interest equalisation rates under the (Krishi-DSS) will help in resolving issues and
scheme have been revised to 2% and 3% for challenges in the agriculture sector.
specified categories of MSME manufacturer The digital crop survey will give a clear picture
exporters. of crops being sown across the country during
different agriculture seasons.
77. Recently (May 2023), Central government The main aim of the project is to create one
has signed an agreement with six states to verified source about the farmer and his/her
conduct Digital crop survey. which of the crop-sown data.
following state has not signed an agreement? The digital survey system will use new
(a) Assam technology like advanced analytics, GIS-GPS
(b) Gujarat technologies and artificial intelligence and
(c) Odisha machine learning.
(d) Rajasthan
(e) Maharashtra 78. Recently (May 2023), where did the
Answer: E freedom fighter Vinayak Damodar Savarkar’s
Central government signed an agreement with statue will be unveiled?
six states to conduct Digital crop survey. (a) Mahebourg
Page 349 of 424
(b) Port Louis with the European Union (EU) as a protected

(c) Nairobi Geographical Indication (GI)?
(d) Ottowa (a) Manipuri Black Rice
(e) Curepipe (b) Hmaram
Answer: B (c) Kangra tea
After Chhatrapati Shivaji Maharaj’s statue, the (d) Kullu shall
bust of freedom fighter Vinayak Damodar (e) Mysore betal leaf
Savarkar also known as Veer Savarkar will be Answer: C
unveiled in the port Luis capital city Mauritius Kangra tea of Himachal Pradesh (HP) has
on May 28,2023 Savarkar’s birth anniversary. become the second product after Basmati
Maharashtra public works department (PWD) Rice of the country to get registered with the
minister Ravindra Chavan will attend the European Union (EU) as a protected
programme which will be graced by Prithviraj Geographical Indication (GI), paving the way
Singh Rupan, President of Mauritius, and for the sale of the product in European
Leladevi Dookun-Luchoomun, the Deputy countries.
Prime Minister. Among the states with GI tags Tamil Nadu
This is the second-consecutive function where (TN) has the highest number of GI tags in the
two icons of Maharashtra from different eras country followed by Uttar Pradesh (UP).
are being honoured by Mauritius. Tamil Nadu has 55 GI tagged goods while U.P
In April,2023 a 13-feet-tall statue of has 48 followed by Karnataka with 46.
Chhatrapati Shivaji Maharaj was unveiled by However U.P is first in terms of Handicrafts
deputy CM Devendra Fadnavis on the with 36 GI tags for craft category.
premises of Maharashtra Bhavan. Kangra tea is a tea from the Kangra district in
The latest function will mark the beginning of Himachal Pradesh (HP).
‘Veer Savarkar Global Summit’ with the aim to Kangra tea was given the Geographical
spread the work, literature and thoughts of the Indication status in 2005.
freedom fighter. The GI Tag is a status given to a product
belonging exclusively to a particular area.
The quality, reputation and any other
79. Which of the following has recently (May characteristics of that particular product is
2023) became the second product after generally attributed to the geographical origin
Basmati Rice of the country to get registered of the product.
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A GI, a kind of Intellectual Property Rights investors would be encouraged to set up M-

(IPR), is primarily an agricultural, natural o r sand units in Rajasthan.
manufactured product (handicraft and In its M-sand policy, the Rajasthan
industrial goods) originating from a definite government had made it mandatory to use at
geographical territory. least 25% of it in government constructions.
The tag is valid for a period of 10 years after In January 2021, the state government had
which it is renewed. released the M-Sand Policy, 2020.
The Department for Promotion of Industry and Under the policy, 36 units have been set up
Internal Trade (DPIIT),an arm of the and the annual production is around 12.5
commerce and industry ministry which deals million tonnes.
with investments and intellectual property The objective of the policy is to generate
rights (IPRs), has issued operational employment at the local level as well as to
guidelines for financial assistance for solve the problem of waste generated from the
undertaking the initiatives for the promotion of mines.
GIs. The policy was announced in the budget for
2019-20.
80. Recently (May 2023), which o f the Under this M-Sand units have been given
following state has made the decision to industry status and provisions have been
promote the usage of manufactured sand (M- made as per the requirements of the state.
Sand) as an inexpensive and easy alternative The benefits include investment subsidy in
to river sand? state goods and services tax, and
(a) Uttar Pradesh concessions in electricity fees, land tax, and
(b) Punjab stamp duty.
(c) Rajasthan
(d) Gujarat 81. Recently (May 2023), which of the
(e) Haryana following country’s defence ministry unveiled
Answer: C the 4th generation of its Khorramshahr ballistic
The government of Rajasthan has made the missile?
decision to promote the usage of (a) Norway
manufactured sand (M-Sand) as an (b) Iran
inexpensive and easy alternative to river sand. (c) Montenegro
Additional chief secretary (mines, petroleum (d) Finland
and MSME) Veenu Gupta stated that (e) Iraq
Page 351 of 424
Answer: B Research for developing the new generative

Iran's defence ministry unveiled the 4th Artificial Intelligence (AI)-driven multilingual
generation of its Khorramshahr ballistic chatbot called 'Jugalbandi' for farmers and
missile, with a range of 2,000 kilometres other users living in rural India ?
(1,242 miles) and a capacity to carry (a) AI4Bharat
warheads weighing over a tonne. (b) OpenAI
It was developed by the Aerospace Industries (c) OpenNyAI
Organisation (AIO). (d) Only A and C
The missile also is called Kheibar, after a (e) All A, B and C
Jewish fortress conquered by the Muslims in Answer: D
the 7th century in what is now Saudi Arabia. Microsoft has unveiled a new generative
Kheibarshekan is an Iranian solid-fuel Artificial Intelligence (AI)-driven multilingual
medium-range ballistic missile operated by the chatbot called 'Jugalbandi', designed for
Islamic Revolutionary Guard Corps Aerospace farmers and other users living in rural India.
Force. The chatbot is being developed in
The Kheibar missile, the latest version of the collaboration with Microsoft Research and the
Khorramshahr which is Iran's longest-range government-backed AI4Bharat - an open-
missile to date was unveiled alongside a source language AI centre based at the Indian
replica of the Al-Aqsa mosque in east Institute of Technology (IIT) Madras - and
Jerusalem. OpenNyAI.
Kheibar, a liquid fuel missile able to carry a The main objective of the collaboration is to
1,500-kg (3,300-pound) warhead. break language barriers and provide
Its name references the ancient town of technology-driven solutions through the
Khaybar located in modern-day Saudi Arabia Bhashini initiative.
known for a decisive 7th century battle in Its main aim is to provide personalised
which the army of Prophet Mohammed assistance by understanding user queries in
defeated its thousands of Jewish residents. multiple languages.
The speed of the high-mobility tactical missile
"can reach Mach 16 outside the atmosphere
and Mach 8 inside the atmosphere". 83. Recently (May 2023), which of the
following bank has been empanel led as a
82. Recently (May 2023), which o f the Clearing and Settlement Bank with the Indian
following is in collaboration with the Microsoft Clearing Corporation Ltd (ICCL)?
Page 352 of 424
(a) Indian Bank (e) Forestry

(b) Union Bank Answer: D
(c) Punjab National Bank Agriculture Insurance Company of India (AIC)
(d) Canara Bank has announced its plans to introduce
(e) State Bank of India insurance products for the livestock,
Answer: A aquaculture, and sericulture sectors, following
Indian Bank has been empanelled as a the approval and licensing received from the
Clearing and Settlement Bank with the Indian Insurance Regulatory and Development
Clearing Corporation Ltd (ICCL). Authority of India (IRDAI).
Mahesh Kumar Bajaj , Executive Director, AIC already has a 50% market share in the
Indian Bank exchanged the agreement with crop insurance market under Pradhan Mantri
Devika Shah, Managing Director (MD) & Chief Fasal Bima Yojana (PMFBY) scheme which is
Executive Officer (CEO) of ICCL to formalise run by the Centre and state governments.
Bank’s empanelment at a recently held event. In the PMFBY scheme, farmers are required
The public sector bank can now facilitate to pay a portion of the premium, while the
banking services to members of BSE (formerly remaining amount is divided equally between
Bombay Stock Exchange) for clearing and the Central and State governments.
settlement operations. For the Kharif season, farmers contribute
The Indian Bank also launched the electronic 2.5% of the premium, while during the rabi
term deposit receipt (e-TDR) product for season, they pay only 1.5%.
online transmission of fixed term receipts
(FDR) and margin with ICCL on behalf of the 85. Recently (May 2023), what is the
clearing members with its dedicated branch – percentage of share reduced by the Life
Fort, Mumbai, Maharashtra. Insurance Corporation of India (LIC) in
National Hydroelectric Power Corporation
84. Recently (May 2023), for which of the (NHPC) in the March quarter 2023?
following sectors, Agriculture Insurance (a) 3.48%
Company of India (AIC) has announced its (b) 3.33%
plans to introduce insurance products ? (c) 3.12%
(a) Food Processing (d) 3.73%
(b) Bee keeping (e) 3.19%
(c) Organic Farming Answer: E
(d) Sericulture
Page 353 of 424
Life Insurance Corporation of India (LIC) cut The sea link passes through one of the
its holding in National Hydroelectric Power busiest navigational channels leading to
Corporation (NHPC) to 3.19% in the March Nhava Sheva Port.
quarter from 3.48% in the preceding quarter. Orthotropic Steel Decks are special steel
LIC stated in its official report that it sold decks that enable a span (distance between
shares worth ₹832.8 crore between October two piers) that is up to three times longer than
18, 2022 and May 23, 2023. the norm.
LIC disclosed that its ownership in NHPC Ltd This is the first time this technology was used
has decreased from 522.6 million to 319.9 in India. This is used for laying the pile
million shares. foundation.
This reduction means LIC's ownership has MMRDA plans to use High Containment
gone down from 5.203% in October to 3.19% , Crash Barriers on the MTHL.
as reported by LIC in a regulatory filing. These are special crash barriers that will push
the car back on the road in case of a crash.
86. Recently (May 2023), what is the distance Normal crash barriers only take the impact of
covered by the India’s longest sea link, a crash.
Mumbai Trans Harbour Link Road?
(a) 18 km 87. Recently (May 2023), what is the theme of
(b) 22 km the revamped Rajya Sabha hall in the new
(c) 25 km Parliament building in Delhi?
(d) 27 km (a) Peacock
(e) 31 km (b) Lotus
Answer: B (c) Banyan
The Mumbai Trans Harbour Link Road , the (d) Pigeon
longest sea link in India , is nearing (e) Parrot tree
completion, and will likely be open to the Answer: B
public by November 2023. Prime Minister Narendra Modi will inaugurate
It starts from Sewri in Mumbai to Chirle in Navi the new Parliament building in Delhi .
Mumbai. The inauguration will include a grand puja,
The 22-km-long sea link is the longest in the installation of the Sengol, screening of two
country and the tenth longest in the world. short films and release of a comm emorative
The project cost is Rs 17,843 crore . coin and stamp.
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Twenty opposition parties recently issued a Bimal Patel is the chief architect of the
joint statement announcing a boycott of the building.
inauguration of India’s new Parliament Tata Projects Limited is the contractor for the
building. construction of the new parliament building.
The New Parliament House is the new The total cost of the construction is ₹862
building that will house the Parliament of India. crores
It is a part of the Central Vista Redevelopment A historical sceptre called “Sengol” would be
Project which is undertaken to revamp the placed at an important spot in the new
Central Vista, which is the central parliament building.
administrative area of the Indian Government Sengol holds historical importance in the
located near the Raisana Hills, New Delhi. legacy of the Indian Parliament. It was first
The idea of a new parliament house stemmed given to the first Prime Minister of India,
from the fear of stability of the existing Jawaharlal Nehru when he took charge of the
Parliament building which is around 100 years nation after Independence.
old. It will have large committee rooms, with the
The old parliament house was inaugurated on latest audio-visual systems.
January 1927 by Edwin Lutyens and Herbert There will be 92 rooms for the use of the
Baker. Council of Ministers.
The new Parliament, constructed on the lines The new Parliament complex is also ‘divyang-
of the Central Vista buildings, is a triangular friendly’.
structure. With a focus on energy efficiency, the new
It is built over an area of 64,500 square complex is a “platinum-rated green building”
metres. and showcases India’s “commitment towards
It houses the Lok Sabha, the Rajya Sabha, sustainable development.
the Central Lounge and offices of It will feature rainwater harvesting and water
constitutional authorities. recycling systems.
The Lok Sabha, based on the theme of the
national bird 'peacock', will have a capacity of 88. Recently (May 2023), where will India
888 seats. open its fourth consulate in Australia as part of
The revamped Rajya Sabha hall, based on the the efforts of the two countries to enhance
theme of our national flower 'lotus', will have bilateral ties?
the capacity to seat 384 people. (a) Brisbane
(b) Canberra
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(c) Adelaide 89. Recently (May 2023), what will be the

(d) Darwin stipend given to 12 th passed trainees under
(e) Newcastle the new scheme Mukhyamantri Seekho-
Answer: A Kamao Yojana launched in Madhya Pradesh?
Australian Prime Minister (PM) Mr.Anthony (a) Rs 6000
Albanese announced that Australia will now (b) Rs 9000
open a new Consul -General in Bengaluru, (c) RS 10000
Karnataka in May, 2023 as part of the efforts (d) Rs 8000
of the two countries to enhance bilateral ties. (e) Rs 8500
The announcement of setting up a new Answer: D
consulate in Bengaluru has been announced The Government of Madhya Pradesh (MP)
after PM Shri Narendra Modi stated that India has unveiled the new scheme named
will open a consulate in Brisbane. Mukhyamantri Seekho-Kamao Yojana (CM
Albanese stated that the opening of the new Learn and Earn Scheme) for unemployed
diplomatic mission in Bengaluru will help in youth.
connecting India's businesses to the fast- After registration of the youth in the scheme,
growing digital and innovation ecosystem. they will get a stipend of Rs 8,000 to 10,000
In May,2023 the opening of the Consulate per month, as financial assistance during the
General in Bengaluru will be the fifth (5th) period of skill learning in various
diplomatic mission in India. establishments.
The others are in New Delhi (Delhi), Mumbai The scheme has been implemented in MP by
(Maharashtra), Chennai (Tamil Nadu) and providing on-the-job training facilities and at
Kolkata (West Bengal). least one lakh youth will be provided training
Currently, India has 3 consulates in Sydney, in various establishments.
Melbourne and Perth. Under the scheme, trainees who have passed
Brisbane currently has an Honorary Consulate class 12th will be given a stipend of Rs 8,000,
of India. ITI passed Rs 8,500, diploma passed Rs
Also, both the leaders exchanged 9,000 and graduates or those with higher
Memorandum of Understandings (MoUs) on educational qualification will get Rs 10,000 per
the Mobility, Migration and Green Hydrogen month.
Task Force. 75% of stipend will be paid by Direct Benefit
Transfer (DBT) to the trainee on behalf of the
state government.
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The concerned establishment will have to According to the NITI Aayog’s annual ‘State
deposit 25% of the prescribed minimum Health Index’ (5th edition) for the Covid year
stipend in the bank account of the trainee. of 2020-21, the three southern states of
After the training, the State Council for Kerala, Tamil Nadu and Telangana emerged
Vocational Training (SCVT) certificate will be as the top performers among the ‘larger
given by the Madhya Pradesh State Skill states’.
Development and Employment Generation The NITI Aayog is learnt to have shared the
Board (MPSSDEGB). report – the Healthy States Progressive India
The Empowered Committee constituted under Report on the Ranks of States and Union
the chairmanship of the Chief Secretary will Territories - with the Health Ministry.
operate the scheme. It was launched by the NITI Aayog in 2017 to
Additional Chief Secretary/Principal Secretary measure the performance of states and UTs
of Skill Development and Employment on a weighted composite score incorporating
Department will be the member secretary of 24 health performance indicators clubbed
the committee. under three domains.
Additional Chief Secretary/Principal Secretary The Aayog brings out the index (annually) in
of Finance, Industrial Policy and Investment collaboration with the Union Health Ministry
Promotion, Micro-Small and Medium and World Bank.
Enterprises, Labour, Higher Education and The objective of this index is to not just look at
Technical Education Departments will be the states’ historical performance but also
members of the committee. their incremental performance.
The index encourages healthy competition
90. Recently (May 2023), According to the and cross-learning among States and UTs
NITI Aayog’s annual ‘State Health Index’ (5th and nudges states/UTs towards building
edition) for the Covid year of 2020 -21, which robust health systems and improving service
of the following state has emerged as the top delivery through their policymaking and
performers among the ‘larger states’? resource allocatio n.
(a) Tamil Nadu As a result, the MoHFW had linked the index
(b) Uttar Pradesh to incentives under the National Health
(c) Rajasthan Mission.
(d) Gujarat The ‘Health outcomes’ include indicators like
(e) West Bengal neonatal mortality rate, total fertility rate, sex
Answer: A
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ratio at birth, immunisation coverage, (e) Andhra Pradesh

proportion of institutional deliveries, etc. Answer: E
Top performers: Kerala, Tamil Nadu, and Asian Development Bank (ADB) and the
Telangana have secured the top three Government of India (GoI) signed a USD
positions in terms. 141.12-million loan to support the
Worst performer: Bihar, UP and MP occupy development of high-quality internal
the bottom three positions, ranking 19th, 18th, infrastructure in Andhra Pradesh (AP).
and 17th, respectively. To support the development of essential
Incremental performance from 2019-20 to infrastructure, such as roads, water supply
2020-21: Rajasthan, Uttarakhand, and Odisha systems and power distribution networks, in
have emerged as the top three performers three industrial clusters located in Andhra
among the larger states. Pradesh.
In the category of smaller states: Tripura has This financing is the second tranche of the
demonstrated the best overall performance, USD 500 million multi-tranche financing facility
followed by Sikkim and Goa. (MFF) for the programme approved by ADB in
On the other hand, Arunachal Pradesh, 2016 to build infrastructure in three industrial
Nagaland and Manipur occupy the bottom clusters in the Visakhapatnam and
three positions. Srikalahasthi -Chittoor nodes in AP.
Among the UTs: Lakshadweep has secured ADB also approved a $250 million loan as part
the top position in terms of overall of the MFF to support the government's
performance, while Delhi has been placed at National Industrial Corridor Development
the bottom. Program (NICDP) through October 2021.
The ADB financing through adopting a multi-
91. Recently (May 2023), to support the sectoral approach will help the state in
development of high-quality internal promoting industrialization to increase the
infrastructure in which of the following state, share of manufacturing in the state’s gross
Asian Development Bank (ADB) and the domestic product, build competitiveness and
Government of India (GoI) signed a USD create jobs in the project target areas.
141.12-million loan? The financing will help strengthen industrial
(a) Maharashtra infrastructure in Visakhapatnam node with the
(b) Telangana development of internal infrastructure in the
(c) Karnataka start-up area of the 160-hectare (ha) Rambilli
(d) Madhya Pradesh and 441-ha Nakkapalli industrial clusters,
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widening of 13.8-kilometer (km) of the Gujarat, occupying the top two slots in
Atchuthapuram–Anakapalli road and previous years, was the fourth (5.03 lakh
improvement of 4.4-km access road to the tonnes) in fish landings, recording a nearly 13
Nakkapalli cluster. per cent drop compared to the 2021 landings
Internal infrastructure in the proposed clusters due to lower fishing efforts and trade-related
will include internal roads, storm water drains, issues.
water supply systems, and electric power Marine fish resources with topmost landings in
distribution systems. 2022 were Indian mackerel, with a contribution
In Srikalahasthi-Chittoor node, the project will of 3.28 lakh tonnes; Oil sardine with 2.51 lakh
help develop the start-up area of the 938-ha tonnes; Ribbon fishes, 2.27 lakh tonnes;
Chittoor–South industrial cluster, and improve Cephalopods, 2.06 lakh tonnes and Threadfin
a 9.5-km access road to the Chittoor-South breams, 1.99 lakh tonnes.
industrial cluster and an 8.7-km access road The Central Marine Fisheries Research
to the Naidupeta industrial cluster. Institute has been tasked with scientific data
collection and estimation of marine fish
92. Recently (May 2023), what is the landings to monitor the stock health of the
increased percentage in 2022 India’s marine country’s diverse marine fishery resources
fish landing compared to the figure in 2021? and aid the planners to take an informed look
(a) 13.23% at the harvest pattern
(b) 12%
(c) 15% 93. Recently (May 2023), which of the
(d) 14.72% following country has entered into recession
(e) 14% after the country’s Gross Domestic Product
Answer: C (GDP) recorded its second quarterly
India’s marine fish landing in 2022 registered contraction?
a 15 per cent increase at 3.49 million tonnes (a) Sweden
compared to the figure in 2021. (b) Germany
An increase of 28 per cent was reported in (c) Finland
2022 compared to the pandemic year in 2020. (d) Ireland
Tamil Nadu regained the first place in fish (e) France
landings with 7.22 lakh tonnes accounting for Answer: B
21 per cent, followed by Karnataka (6.9 5 lakh World’s fourth-largest economy and Europe’s
tonnes) and Kerala (6.87 lakh tonnes). largest, Germany, has entered into recession
Page 359 of 424
after the country’s Gross Domestic Product (e) Tripura

(GDP) recorded its second quarterly Answer: B
contraction. Union Home Minister and Minister of
The data released by the Federal Statistical Cooperation, Shri Amit Shah laid the
Office shows Germany's gross domestic foundation stone of Guwahati campus of
product (GDP), declined by 0.3% in the period National Forensic Science University (NFSU)
from January to March, 2023. in Assam.
This follows a drop of 0.5% in Europe's This will be the world's 11th campus and the
biggest economy during the last quarter of country's 10th campus has been established
2022. in Guwahati.
The inflation rate of Germany is more than A book written by Dr. J.M Vyas on the use of
Europe’s average but below that of the UK's forensic science in judiciary was also
8.7%. released.
Household consumption and Government The Assam Government has given 50 acres of
spending also decreased significantly. land for this Forensic Science University and
Public spending has declined by 1.2% in the the Government under the leadership of PM
first 3 months due to high inflation. Shri Narendra Modi, will provide about Rs 500
Declined purchasing power, aggressive crore on this NFSU for graduation and post
monetary policy tightening and the slowdown graduation of 3,500 students.
of the US economy have weakened economic The project's first phase was supposed to be
activities. finished by 2026, and the second by 2030.
The European Central Bank (ECB) has raised More than 50 undergraduate, graduate, PhD,
its interest rate by 375 basis points since July. and post-doctoral programmes in forensic
science, wildlife forensics, cyber security,
94. Recently (May 2023), where did the Union narcotics, digital forensics, drone forensics,
Home Minister and Minister of Cooperation, forensic psychology, and forensic justice and
Shri Amit Shah laid the foundation stone for law will be offered at the campus, which will
National Forensic Science University (NFSU) be built at an estimated cost of Rs 300 crore.
campus? Along with this, he also launched the web
(a) Delhi portal 'Assam Police Seva Setu ' to make the
(b) Guwahati services of the Assam Police more accessible
(c) Pune and transparent for the people.
(d) Gandhinagar
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95. Recently (May 2023), which of the (c) Japan

following has made a strategic collaboration (d) China
with Bayer CropScience to promote (e) Russia
sustainable agriculture? Answer: B
(a) Farm2Fam South Korea successfully launched Next
(b) DeHaat Generation Small Satellite-2 (NEXTSAT-2),
(c) Intello the first commercial -grade satellite aboard
(d) CropIn Korean Satellite Launch Vehicle Two (KSLV -
(e) Arya.ag II), nicknamed "Nuri,"rocket lifted off from the
Answer: E Naro Space Center in Goheung, South Korea.
Agritech firm Arya.ag has joined forces with The domestically built three-stage Nuri rocket
Bayer CropScience in a strategic collaboration lifted off from a launch facility on a southern
aimed at promoting sustainable agriculture. island with a payload of 8 satellites, including
The partnership aims to scale up a a main commercial-grade satellite whose
sustainable crop production model that mission is to verify radar imaging technology
optimizes resource utilization and delivers and observe cosmic radiation in a near-Earth
definable and economic benefits to all orbit.
farmers. The launch would mark the third test for the
The collaboration marks a significant country’s commercial-grade satellite.
milestone for both companies, and under the The South Korean launch will likely assist its
MoU, Arya.ag and Bayer CropScience will efforts to develop a space-based surveillance
work together on several projects to achieve system.
their sustainability goals. The launch boosted South Korea’s hopes of
Arya is India's leading Agritech which has catching up with Asian neighbours such as
been working at the farmgate to strengthen China, Japan and India in a regional space
agriculture value chains through its integrated race.
range of services.
97. Recently (May 2023), which of the
96. Recently (May 2023), which of the following bank has launched Future Bankers
following country has launched Next 2.0, a pan-India recruitment programme in
Generation Small Satellite-2 (NEXTSAT-2)? association with the Manipal Global Academy
(a) Germany of BFSI (Banking, Financial Services &
(b) South Korea Insurance)?
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(a) Axis Bank All the successful candidates will be offered

(b) ICICI Bank an annual CTC up to Rs.5.59 lakh*.
(c) IDBI Bank
(d) HDFC Bank 98. What is the increased penalty for false
(e) IDFC FIRST bank statements/ omissions according to the Centre
Answer: D notified several provisions of the Competition
HDFC Bank in association with the Manipal (Amendment) Act 2023, which recently (May
Global Academy of BFSI (Banking, Financial 2023), received Presidential assent on April
Services & Insurance) has launched Future 11
Bankers 2.0, a pan-India recruitment (a) ₹ 5 crores
programme to transform young graduates into (b) ₹ 10 crore
banking professionals within one year. (c) ₹ 7 crore
Future Bankers 2.0 is a one-year professional (d) ₹ 4 crore
diploma that aims to create a robust, future- (e) ₹ 3 crore
ready talent pipeline for HDFC Bank’s retail Answer: A
banking business, a key thrust area for the The Centre notified several provisions of the
bank. Competition (Amendment) Act 2023 , which
It offers an exciting mix of classroom sessions, received Presidential assent on April 11.
guest lectures, group discussions, role plays, However, the Centre has withheld the
and field work. notification of the provisions of the amended
In addition to this, the programme provides 8 law which empowered the fair trade regulator
months of paid internship and on-the-job to impose hefty penalties on erring enterprises
training at HDFC Bank’s branch locations for their anti -competitive conduct.
within the country to further strengthen a This has provided immediate respite to gl obal
student’s grounding in banking products, Big Techs including Google and Amazon who
processes, compliance framework, and day- are facing anti-trust cases against them.
to-day banking operations. The MCA has now specified May 18 as the
Upon successful completion of the course, a date on which several notified provisions of
student will get a Postgraduate Diploma in the amendment law will come into effect.
Sales & Relationship Banking from Manipal The penalty for false statements/ omissio ns
Academy of BFSI and an assured job has been increased from ₹ 1 crore to 5 crores
opportunity as a personal banker at the grade to strengthen CCI’s power in ensuring
of Deputy Manager with HDFC Bank.
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companies furnish true, full and adequate He also addressed the inaugural function of
disclosures in their submissions. the Peace and Non-violence Cell offices in all
Further, the process of filing appeals against districts.
CCI’s orders before the appellate tribunal has Peace and non-violence are the basis of
become more onerous as erring companies culture, harmony, and brotherhood.
will have to necessarily pay 25 percent of the Rajasthan is the only state where Peace and
penalty amount in order for the appeal to be Non-Violence Department exist.
admitted for hearing. Jaisamand Wildlife Sanctuary is located in the
However, some of the other major substantive Udaipur district of Rajasthan surrounding
provisions, such as, deal value threshold, Debar Lake.
settlement and commitment mechanism, The sanctuary harbours leopard, sloth bear,
leniency plus regime and penalty based on chinkara, wild boar, and a number of birds.
global turnover are yet to be made effective, It was declared a Wildlife Sanctuary in 1957.
as they require corresponding regulations to This sanctuary is located beside the man-
be issued by the CCI. made lake of the same name.
The MCA has also now notified the provision It covers a total area of 160 sq km.
requiring the CCI to engage with stakeholders
while drafting regulations, to ensure 100. Recently (May 2023), which of the
transparency. following has won Skoch SILVER Award
2023?
99. Recently (May 2023), which of the (a) Lakshmir Bhandar Scheme, West Bengal
following state Chief Minister virtually (b) Department of Animal Husbandry and
inaugurated ‘Jungle Safari’ at Jaisamand Fisheries, Chandigarh
Wildlife Sanctuary? (c) Kaaval Karangal by Chennai Police
(a) Maharashtra (d) Hyderabad Traffic cops
(b) Gujarat (e) Pune Metro Line 3 Project
(c) Madhya Pradesh Answer: B
(d) Rajasthan Skoch SILVER Award 2023 presented to
(e) Karnataka Department of Animal Husbandry and
Answer: D Fisheries, Chandigarh.
Rajasthan Chief Minister (CM) Shri Ashok This award has been given to this department
Gehlot virtually inaugurated ‘Jungle Safari’ at for e-governance in computerized medical
Jaisamand Wildlife Sanctuary. records of cattle treatment by the department.
Page 363 of 424
This is the first project of its kind in the It asked all to exchange these notes by
country. September 30, 2023.
This web-based application software caters to The withdrawal is similar to a previous
the veterinary department of five government withdrawal of notes in 2013-2014 (and not the
veterinary hospitals and nine animal demonetization).
husbandry sub-centres in Chandigarh. RBI’s 19 regional offices and other banks will
The main objective of this application is to start taking ₹ 2,000 notes for exchange with
provide facility to the animal parents to lower denomination onesfrom May 23, 2023,
register their animals online for services like to on or before Sep 30, 2023 (4 months).
treatment, vaccination and artificial To ensure operational convenience and to
insemination. avoid disruption of regular activities of bank
It also includes maintaining all records of branches, the exchange of Rs 2,000 notes
veterinary hospitals and sub-centres like OPD, into notes of other denominations can be
stock books, daily drug expenditure, and made up to a limit of Rs 20,000 at a time at
artificial insemination. any branch.
SKOCH Award was established in 2003 . A majority (89%) of the ₹2000 denomination
It is the highest civilian honour of the country notes were issued beforeMarch 2017 and are
presented by an independent organization. at the end of their estimated lifespan of 4-5
years.
101. Recently(May 2023), The Reserve Bank The total value of these banknotes in
of India (RBI) decided to stop issuing circulation has declined from ₹6.73 lakh crore
banknotes with a value of Rs 2000,all notes at its peak of March 31, 2018 (37.3% of Notes
be exchanged by which month? in Circulation) to ₹3.62 lakh crore, constituting
(a) October 31, 2023 only 10.8% of Notes in Circulation on March
(b) September 30, 2023 31, 2023.
(c) November 30, 2023
(d) August 31, 2023 102. Recently (May 2023), The cumulative
(e) December 31, 2023 profit of public sector banks surpassed how
Answer: B much in the fiscal year that ended in March
The Reserve Bank of India (RBI) has decided 2023, with State Bank of India (SBI), the
to withdraw the Rs 2000 d enomination market leader, accounting for almost half of
banknotes from circulation. the total earnings?
(a) Rs 0.5 lakh crore
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(b) Rs 1 lakh crore PNB posted a 27% decline in annual net profit
(c) Rs 1.5 lakh crore from Rs 3,457 crore in 2021-22 to Rs 2,507
(d) Rs 2 lakh crore crore in the year ended March 2023
(e) Rs 2.5 lakh crore The PSBs which reported an annual profit of
Answer: B over₹10,000 crore are Bank of Baroda (
Public sector banks (PSB) cumulative profit ₹14,110 crore) and Canara Bank ( ₹10,604
crossed the Rs 1 lakh croremark in the crore).
financial year ended March 2023, with market Other lenders like Punjab and Sind Bank
leader State Bank of India (SBI) accounting for posted annual profit growth of 26% ( ₹1,313
nearly half of the total earnings. crores), Central Bank of India 51% ( ₹1,582
From posting a total net loss of Rs 85,390 crores), Indian Overseas Bank 23% ( ₹2,099
crore in 2017-18, the Public Sector Banks crores), Bank of India 18% ( ₹4,023 crores),
(PSBs) have come a long way as their profit Indian Bank 34% ( ₹5,282 crores) and Union
touched Rs 1,04,649 crore in 2022-23, Bank of India 61% ( ₹8,433 crores)
according to an analysis of their financial
results. 103. For its debit, credit, and prepaid
These 12 PSBs witnesseda 57% increase in cardholders who have tokenized their cards
total profit compared to Rs 66,539.98 crore recently (May 2023) on the me rchant
earned in 2021-22. application or website, RuPay has provided
In percentage terms Pune -based Bank of the CVV free payment experience. In CVV,
Maharashtra (BoM) had the highest net profit what is the acronym of second V?
growth with 126% to Rs 2,602 crore, followed (a) Valuation
by UCO with a 100% rise to Rs 1,862 crore (b) Variety
and Bank of Baroda (BoB) with 94% increase (c) Validation
to Rs 14,110 crore. (d) Value
However, in absolute terms, SBI has reported (e) Verification
an annual profit of Rs 50,232 crore in 2022- Answer: D
23, showing an increase of 59% over the RuPay has introduced the CVV (Card
preceding financial year. Verification Value) free payment experience
Except for the Punjab National Bank (PNB), for its debit, credit, and prepaid cardholders
other PSBs have reported impressive annual who have tokenized their cards on the
increases in their profit after tax. merchant application or web page.
Page 365 of 424

RuPay is a home-grown card network (e) 47th

developed by the National Payments Answer: E
Corporations of India (NPCI). The Prime Minister, Shri Narendra Modi
Tokenization is a simple technology to secure inaugurated the International Museum Expo
card transactions without sharing clear or real 2023 at Pragati Maidan in New Delhi.
card details with the merchants. He also inaugurated a virtual walkthrough of
VISA has also launched CVV-free tokenized the upcoming National Museum at the North
transactions for domestic payments in India and South Blocks.
adhering to the guidelines issued by the RBI. The International Museum Expo is being
Card Verification Value (CVV) is a three or organized as part of Azadi ka Amrit Mahotsav
four-digit number located on the back of a to celebrate the 47th International Museum
physical debit or credit card. Day.
It is used as an additional security measure to The IMD theme for this year is ‘Museums,
ensure that the person making the transaction Sustainability, and Well Being’.
is a legitimate cardholder. The Museum Expo is designed to initiate a
The RBI had made it mandatory for all credit holistic conversation on Museums with
and debit card data used in online, point-of- museum professionals to enable them to
sale, and in-app transactions to be replaced evolve as cultural centers that play a pivotal
with unique tokens. role in India’s cultural diplomacy.
RuPay went live on Card on File Tokenization The Mascot of the International Museum Expo
in 2021, in line with RBI’s guidelines, for its is a contemporized version of the Dancing Girl
domestic e-commerce transactions to ensure made of wood in the Chennapatnam art style.
better security for all its cardholders. The Prime Minister also unveiled the Mascot
of the International Museum Expo, the
104. With the subject of "Museums, Graphic Novel – A Day at the Seum, the
Sustainability, and Well -Being," the Prime Directory of Indian Museums, the Pocket Map
Minister, Shri Narendra Modi, opened the - of Kartavya Path, and Museum Cards.
___th International Museum Expo 2023 at
Pragati Maidan in New Delhi.
(a) 37th 105. India's adoption of extremely energy -
(b) 30th efficient inverter technology has recently (May
(c) 35th 2023) increased. The overall energy efficiency
(d) 40th improvement for split Room Air-Conditioners
Page 366 of 424
(RACs) is how much for 1-Star, according to In 2015, BEE launched a voluntary labeling
data from the Bureau of Energy Efficiency program for inverter RACs and made the
(BEE), Ministry of Power? program mandatory in January 2018.
(a) 43%
(b) 61% 106. In which IIT, the third Semicon India
(c) 65% Future Design roadshow was launched
(d) 48% recently (May 2023) by the Union Minister of
(e) 66% State for Electronics and Information
Answer: A Technology to promote innova tion, ease
India’s energy efficiency policies have not only investment, and catalyze the startup
led to improvement in the overall energy ecosystem in the semiconductor design and
efficiency of Air-Conditioners but also manufacturing sector?
accelerated the deployment of highly Energy (a) IIT Delhi
Efficient inverter technology. (b) IIT Bombay
As per the data from the Bureau of Energy (c) IIT Madras
Efficiency (BEE), Ministry of Power, for split (d) IIT Kanpur
Room Air-Conditioners (RACs), the overall (e) IIT Roorkee
energy efficiency improvement is 43% for 1 - Answer: A
Star and 61% for the 5-Star level . Union Minister of State for Electronics and
On the other hand, the overall energy Information Technology Shri Rajeev
efficiency improvement for window RACs is Chandrasekhar launched the 3rd Semicon
17% for 1-Star and 13% for 5-Star level. India Future Design roadshow at IIT Delhi, to
The Bureau of Energy Efficiency (BEE) encourage innovation, facilitate investment
launched the Star Labelling program for fixed- and catalyze the Startups ecosystem in the
speed Room Air Conditioners (RACs) in 2006 semiconductor design and manufacturing
as a voluntary initiative, and the program space.
became mandatory in 2009. The primary objective of this initiative is to
BEE revised the energy performance attract investments from across the world and
thresholds (Minimum Energy Performance help build a vibrant semiconductor design and
Standard-MEP) for RACs covered under the manufacturing ecosystem.
program on a biennial basis from 2009 - 2018. PM Modi ji has announced Rs 76,000 crores
as outlay for the semiconductor sector to fulfill
the vision of AtmaNirbhar Bharat.
Page 367 of 424
Already there are 27 semicon startups and the (e) Minister for Parliamentary Affairs
number will soon go up to 100. Answer: C
These include setting up an Indian Minister for Housing and Urban Affairs, Shri
Semiconductor research center (ISRC) that Hardeep S. Puri launched MoHUA’s mega
will work in collaboration with top institutions campaign ‘Meri LiFE, Mera Swachh Shehar’ .
like the IITs for coming up with cutting-edge Reuse and upcycling of common household
semiconductor research. goods have been an integral part of Indian
The MeitY has set up ChipIN Centre at C-DAC culture.
Bangalore to dedicate its services to the Taking a cue from this shared habit, the
semiconductor design community of the Ministry of Housing and Urban Affairs
country. (MoHUA)’s campaign titled – ‘Meri LiFE, Mera
The facility acts as a one-stop center to Swachh Shehar’ is launched to champion the
provide semiconductor design tools, fab RRRs of waste management- Reduce, Reuse,
access, and virtual prototyping hardware lab and Recycle.
access to fabless chip designers from Urban India is increasingly adopting the
Startups and Academia. principles of making ‘Wealth’ from waste with
The MoU s exchanged between C -DAC citizens actively refurbishing old items for
Bangalore and Ansys to nurture chip design reuse.
using Ansys EDA tools hosted at ChipIN This is giving an impetus to the overall zero-
Centre. waste ecosystem under Swachh Bharat
Renesas Electronics Corporation, a premier Mission-Urban 2.0.
supplier of advanced semiconductor solutions, This nationwide campaign aims to highlight
introduced an NB-IoT (Narrowband Internet of cities to setup ‘Reduce, Reuse, Recycle
Things) chipset specifically for the Indian (RRR) Centres, one-stop collection centers,
market. for citizens to contribute clothes, shoes, old
books, toys, and used plastic to be reused or
107. On May 2023, which ministry launched recycled.
the massive "Meri LiFE, Mera Swachh The RRR Centres are scheduled to be
Shehar" campaign? launched nationwide on 20th May 2023 .
(a) Minister for External Affairs The Union Minister also launched the RRR
(b) Minister for Home Affairs Theme song contest.
(c) Minister for Housing and Urban Affairs The contestants can write, compose, sing, and
(d) Minister for Social Affairs submit a theme song and win attractive prizes.
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The contest opens on the MyGov platform As of date, 5 States (Goa, Telangana,
from 20th May till 18th June 2023. Haryana, Gujarat, and Punjab) and 3 UTs
The Meri LiFE, Mera Swachh Shehar will (Puducherry, D&D and D&NH, and A&N
culminate on 5th June 2023 with the Pledge Islands), have reported 100% coverage .
for Life, which will be undertaken by everyone Himachal Pradesh at 98.35%, followed by
on the occasion of World Environment Day as Bihar at 96.05%, are also poised to achieve
well as large-scale cleanliness drives across saturation shortly.
all cities. Goa, Haryana, Punjab, A&N Islands,
Puducherry, D&NH, and D&D are ‘Har Ghar
108. Jal Jeevan Mission (JJM) proudly Jal certified States/ UTs i.e., in these states/
announced that more than 12 crore rural UTs, the villagers have confirmed through
families now have access to safe and clean Gram Sabhas that ‘all households and public
drinking water through taps as part o f Azadi ka institutions in the village are getting adequate,
Amrit Kaal. In which year was the safe and regular supply of water.
announcement of the launch of JJM by Prime In the 112 aspirational districts of our country,
Minister, Shri Narendra Modi? at the time of the launch of the Mission, only
(a) 2018 21.64 lakhs (7.84%) households had access
(b) 2019 to tap water which has now increased to 1.67
(c) 2013 Crore (60.51%).
(d) 2020 Working on the motto of Sabka Saath, Sabka
(e) 2015 Vikas, Sabka Vishwas aur SabkaPrayas, Jal
Answer: B Jeevan Mission is marching towards achieving
Under Azadi ka Amrit Kaal, Jal Jeevan SDG 6, i.e., safe and affordable water to all,
Mission (JJM) celebrates a new milestone of through the provision of safe water through
ensuring safe and clean drinking water taps to all households, schools, anganwadis,
through taps to more than 12 Crore rural and other public institutions, in rural areas.
households of the country.
At the time of the announcement of the launch 109. Recently (May 2023), which ministry has
of JJM by Prime Minister, Shri Narendra Modi launched a citizen-centric Sanchar Saathi
from the ramparts of the Red Fort on 15th portal?
August 2019, only 3.23 Crore (16.64%) (a) Union Minister of Information &
households in villages had access to piped Broadcasting
water connection. (b) Union Minister of Health & Family welfare
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(c) Union Minister of Home Affairs also enables the blocking of any number
(d) Union Minister of Commerce & Industry associated with a particular IMEI and the
(e) Union Minister of Communications tracking of stolen mobile devices.
Answer: E The portal and its reforms aim to enhance
The Union Minister of Communications transparency, security, and accountability in
recently launched a citizen-centric Sanchar the telecom sector.
Saathi portal.
The portal aims to provide various reforms 110. To practice medicine in the nation,
and services related to mobile connections doctors must now get a Unique Identification
and telecommunications. Number (UID), under the rules set forth by the
It has been developed by C-DoT under the National Medical Commission (NMC) which
Department of Telecommunications (DoT) to was established by the National Medical
prevent frauds such as identity theft, forged Commission Actof ____, a piece of legislation
KYC, banking fraud, etc. passed by Parliament.
The three reforms are being introduced as (a) 2015
part of the portal's framework: (b) 2017
CEIR (Central Equipment Identity Register): It (c) 2021
enables the tracking and blocking of lost or (d) 2019
stolen phones anywhere in the country. (e) 2013
Know your mobile connections: It allows users Answer: D
to check the number of mobile connections Doctors will now have to get a Unique
issued in their name by logging in using their Identification Number (UID) to be able to
mobile number. practice medicine in the country , as per the
This feature helps identify any unauthorized or new regulations by the National Medical
unwanted connections, which can be blocked Commission(NMC).
immediately. NMC has been constituted by an act of
ASTR (Artificial Intel ligence and Facial Parliament known as the National Medical
Recognition powered Solution for Telecom Commission Act, 2019.
SIM Subscriber Verification ): This AI-based It has replaced the Medical Council of India
technology facilitates mobile connection (MCI), constituted under the Indian Medical
analysis and includes features such as IMEI- Council Act, 1956).
based phone theft information messaging to NMC regulates medical education and
law enforcement agencies and the owner. It medical professionals.
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The Commission grants recognition of medical SAHAS, which means Courage, is a program
qualifications gives accreditation to medical that aims at strengthening the support
schools, grants registration to medical ecosystem for women who face workplace
practitioners, monitors medical practice, and sexual harassment.
assesses the medical infrastructure in India. Under the initiative, the Sahas Microsite,
Headquarters: New Delhi SahasSathi Chatbot, SahasWhatsapp
National Medical Commission consists of 33 Number, Forum,and online support facilities
members including Chairman (medical were launched.
professionals only), 10 ex-officio members,
and 22 part-time members. 112. Recently (May 2023),The Board of
Directors of IDBI Bank approved the
111. SAHAS, which means ______, is the first appointment of Jayakumar S. Pillai as Deputy
of its kind initiative in the country launched by Managing Director (DMD) on the Bank’s
Telangana Home Minister Mohammed Board for 3 years. What is the name of
Mahmood Ali that aims at strengthening the another DMD of IDBI Bank?
support ecosystem for women who face (a) Suresh Khatanhar
workplace sexual harassment. (b) Ranjan Singh
(a) Boot (c) Indira Sodhi
(b) Strength (d) Rajesh Doga
(c) Courage (e) Raja Lingam
(d) Power Answer: A
(e) Confident The Board of Directors of IDBI Bank approved
Answer: C the appointment of Jayakumar S. Pillai as
Telangana Home Minister Mohammed Deputy Managing Director (DMD) on the
Mahmood Ali launched the initiative called Bank’s Board for 3 years.
‘Sahas’ in the presence of Director General of IDBI Bank has two Deputy Managing Director
Police Anjani Kumar, Additional Director (DMD) positions.
General of Police (DGP), Women Safety Wing It currently has one DMD -Suresh Khatanhar.
Shikha Goel , Femina Miss India Manasa The other DMD - Samuel Joseph Jebaraj
Varanasi and senior representatives from moved to the National Bank for Financing
industry. Infrastructure and Development (NaBFID) as
SAHAS is the first of its kind initiative in the Deputy Managing Director (Lending & Project
country, involving collaboration. Finance) in early April 2023.
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Jayakumar S. Pillai has 32 years of Ministry of Law and Justice in addition to his
experience in Canara Bank. existing portfolios.
He has also worked as Chief Executive of Union Minister Kiren Rijiju who was serving as
Canara Bank's UK operations for over 4 years Union Minister for Law and Justice will hold
and gained experience in International the portfolio of the Ministry of Earth Sciences.
banking.
He also worked as Wing Head in the Bank's 114. Adidas is a sportswear of which country
mid-corporate credit department in HO. provides the kit sponsor for the Indian cricket
He is presently working as Chief General team announced bythe Board of Control for
Manager and Circle Head in Canara Bank, Cricket in India (BCCI)?
Mumbai. (a) Nigeria
(b) German
113. As per recent (May 2023) news, who was (c) Poland
assigned as Minister of State (MoS )in the (d) Japan
Health and Family Welfare Ministry ? (e) Russia
(a) Prof. R.P. Shyam Answer: B
(b) Prof. S.P. Singh Baghel The Board of Control for Cricket in India
(c) Prof. R.K. Jain (BCCI) has roped in German sportswear
(d) Prof. K.P. Sailesh major Adidas as the kit sponsor for the Indian
(e) Prof. S.K. Sriram cricket team.
Answer: B A kit sponsor offers the money required for
Prof. S.P. Singh Baghel has been assigned as jerseys, pads, and helmets, among other
Minister of State (MoS ) in the Health and things.
Family Welfare Ministry. The current contract with kit partner, Kewal
According to the Rastrapati Bhavan Kiran Clothing Ltd, maker of Killer Jeans, is
communique, the President as advised by the set to expire by the month-end.
Prime Minister has allocated the portfolio. Killer Jeans had stepped in as an interim
Previously he was serving as MoS in the Law sponsor after Mobile Premier League Sports
and Justice Ministry. (MPL Sports) pulled out of the contract.
Earlier, MoS for Parliamentary Affairs and The deal with Adidas will take effect and
Culture, Arjun Ram Meghwalwas assigned the reportedly the sports brand will sign a deal for
independent charge as Minister of State in the 5 years.
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India is scheduled to host the ICC Cricket commencement of sea trials of the 6th
World Cup in 2023 from October to submarine is a significant milestone.
November, which means fans will get to see This is indicative of the boost towards
the new Adidas kit soon. AatmaNirbharBharat.
The ICC Men's ODI World Cup 2023 is said to The submarine will now undergo intense trials
start onOctober 5 and end on November 19, of all its systems at sea, these include
2023. propulsion systems, weapons, and sensors.
A total of 12 venues have been selected for
the marquee event, with the final scheduled to 116. Recently (May 2023), The Department of
be played in Ahmedabad, Gujarat. Health Research (DHR) and which health
BCCI secretary: Jay Shah Organisation signed a project collaboration
agreement to promote access to high-quality,
115. The 6th Scorpene Submarine of Project- reasonably priced assistive technology,
75, Yard 11880, Indian Navy’s Kalvari class, primarily by fostering research, innovation,
‘Vaghsheer’ was Built from which Shipbuilders and capacity building which was sha red with
Limited? the Union Cabinet, which is presided over by
(a) Bombay Dockyard Limited the Prime Minister?
(b) Hindustan Shipyard Limited (a) National Institute for Occupational Safety
(c)Garden Reach Shipbuilders & Engineers and Health
(d) Mazagon Dock Shipbuilders Limited (b) National Safety Council
(e)Cochin Shipyard (c) Department of Health and Family Welfare
Answer: D (d) Institute of Occupational Safety and Health
The 6th Scorpene Submarine of Project-75, (e) World Health Organization
Yard 11880, Indian Navy’s Kalvari class, Answer: E
‘Vaghsheer’ commenced her sea trials. The Union Cabinet chaired by the Prime
The submarine was launched on 20 Apr 22 Minister, Shri Narendra Modi, was apprised of
from the KanhojiAngre Wet Basin of Mazagon the signing of the Project Collaboration
Dock Shipbui lders Limited (MDL). Agreement between the Department of Health
Vaghsheer is scheduled for Delivery to the Research (DHR) and the World Health
Indian Navy in early 2024 after the completion Organization (WHO) for promoting access to
of these trials. high quality affordable assistive technology
MDL has ‘Delivered’ three submarines of mainly through fostering research, innovation,
Project – 75 in 2 years (24 months)& the and capacity building.
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The Project Collaboration Agreement (PCA) positively contributing to the development of

was signed on 10.10.2022 by WHO and on the Accountancy Profession in the Maldives
18.10.2022 by the Department of Health and India.
Research (DHR).
This collaboration aims to work towards 118. Recently (May 2023), The proposed
drawing global attention toward access to merger of Credit Suisse Group AG and UBS
assistive technology, fostering research and Group AG was approved by the fair-trade
innovation, and developing and disseminating regulatory body CCI. In CCI what is the first C
appropriate training programs. stands for?
(a) Contract
117. Chartered Accountants o f the (b)Capital
Maldivessigned an MOUwith which institution (c) Commission
and it recently (May 2023) approved by the (d) Credit
Hon'ble Prime Minister Shri Narendra Modi? (e) Competition
(a) Institute of Chartered Accountants of India Answer: E
(b) Chartered Accountants Institute Fair-trade regulator Competition Commission
(c) Chartered Accountants & Tech of India (CCI) approved the proposed merger
(d) The Institute of Chartered Accountants in of Credit Suisse Group AG with UBS Group
England AG.
(e) Singapore Chartered AccountantsInstitute The proposed combination relates to the
Answer: A proposed acquisition of Credit Suisse by UBS
The Union Cabinet, chaired by the Hon'ble through an absorption merger and UBS will be
Prime Minister Shri Narendra Modi approved the surviving legal entity thereafter.
the signing of the Memorandum of Following the transaction, all assets, liabilities,
Understanding between the Insti tute of and contracts of Credit Suisse will be
Chartered Accountants of India (ICAI) and The transferred entirely to UBS.
Chartered Accountants of the Maldives (CA The proposed transaction was necessitated by
Maldives). Credit Suisse's financial difficulties
ICAI and CA Maldives aim to establish
cooperation for the advancement of 119. With the theme of ‘ Forging a sustainable
Accounting Knowledge, Professional and and peaceful common future ’, which day
Intellectual Development, Advancing the wascelebrated every year on Ma y 24?
interests of their respective members and (a) Care Elder Day
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(b) Control Day 120. Recently (May 2023), Through its lending
(c) Commonwealth Day division, Aditya Birla Finance, Aditya Birla
(d) Consumer Day Capital launched a one-stop shopping
(e) Command Day platform for Indian micro, small, and medium-
Answer: C sized companies (MSME) clients. What is the
Commonwealth Day is celebrated every year name of that platform?
on May 24. (a) Udsav Plus
The theme for Commonwealth Day 2023 was (b) Umaya Plus
'Forging a sustainable and peaceful common (c) Ayog Plus
future'. (d) Udyog Plus
This day is observed as a holiday in parts of (e) Aruthal Plus
the Commonwealth of Nations. Answer: D
Commonwealth Day is celebrated to remind Aditya Birla Capital through its lending arm,
the Birth Anniversary of Queen Victoria Aditya Birla Finance has started Udyog Plus, a
Empire Day was first observed in the UK in one-stop business platform designed for
1904 by Reginald Brabazon. Indian micro, small and medium enterprises
This day is observed on the birth anniversary (MSME) customers.
of Queen Elizabeth. Udyog Plus", is a dedicated offering for small
In the era of 1977, Commonwealth Day was businesses, under which it will be providing
observed on the second Monday in March. finance and an array of other services to
This day was observed by the Commonwealth MSMEs.
of Nations. This new Business to Business (B2B) digital
In 1898, Canadian leader Clementina platform offers solutions for MSMEs, including
Trenholme introduced an Empire Day to financing, protection, investments, advisory
Ontario schools on Queen Victoria’s birthday. and value-added services for managing and
British Empire League promoted this growing their businesses.
Commonwealth Day formerly known as The platform is an open marketplace that can
Empire Day as a holiday. be accessed through the financing section of
Usually, all over the world, Commonwealth the Aditya Birla Capital website by both
Day is observed on the second Monday of existing as well as new customers of Aditya
March every year Birla Finance.
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Under the initiative, the company will be giving To assign higher responsibility to the senior
unsecured loans of up to Rs 10 lakh using management while designing and approving
digital technology for quicker turnarounds. the advertisements for the consumption of the
customers.
121. On May 2023, The Insurance Regulatory The product management committee and
and Development Authority of India (IRDAI), advertisement committee shall be accountable
the industry regulator, recommended and fully responsible for releasing the
tightening regulations for insurance ads by approved advertisements.
giving top management of insurers greater The draft also asks insurers to set up proper
responsibility in creating and authorizing robust systems to upload advertisements on
media campaigns for product promotion. their website within three days of release.
Where is the headquarters of IRDAI? The procedure for accepting the
(a) Karnataka advertisements is currently based on the
(b) Rajasthan approved 'File and Use' applications and
(c) Kerala compliance with IRDAI advertisement
(d) Telangana regulations and circulars.
(e) Maharashtra IRDA:
Answer: D The agency's headquarters are in Hyderabad,
The Regulator Insurance Regulatory and Telangana, where it moved from Delhi in
Development Authority of India (IRDAI) 2001. IRDAI is a 10-member body including
proposed to tighten norms for insurance the chairman, five full-time and four part-time
advertisements by assigning higher members appointed by the government of
responsibility to senior management of India.
insurers in designing and approving media
campaigns for product promotion. 122. International Financial Services Centre
In this context, the IRDAI has proposed an Authority (IFSCA)is considering permitting
amendment to the 2021 regulations on UDRs for Indian shares recently (May 2023).
insurance advertisements and disclosure. What is the acronym of UDR?
Under the proposed amendment, each insurer (a) Unsponsored Depositary Rate
will be required to constitute an advertisement (b) Unsponsored Depositary Receipts
committee comprising at least three members (c) Unsponsored Depositary Range
mandatorily from the marketing, actuarial and (d) Unsponsored Depositary Ratio
compliance functions of the insurer. (e) Unsponsored Depositary Regulation
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Answer: B 123. Recently (May 2023), A task force has

The International Financial Services Centre been established by the Insurance Regulatory
Authority (IFSCA), the regulatory body and Development Authority of India to make it
overseeing GIFT City’s international financial easier for insurers to conduct Know Your
services center, is considering permitting Customer procedures using Aadhaar which is
unsponsored depositary receipts (UDRs) for the ____ digit personal identity number.
Indian shares. (a) 8
This move would offer investors the (b) 10
opportunity to invest in Indian stocks and avail (c) 15
of tax benefits. (d) 12
By introducing Indian UDRs, the International (e) 5
Financial Services Centre (IFSC) in Gift City Answer: D
aims to boost liquidity, attracting foreign funds The Insurance Regulatory and Development
seeking offshore alternatives to the Mumbai Authority of India (IRDAI) has constituted a
stock markets task force to facilitate ease of doing Know
Currently, Gift City offers derivatives, debt Your Customer (KYC) by insurers using
products, and UDRs of foreign companies Aadhaar, the 12-digit individual identification
such as Apple and Google. number.
Depository receipts allow investors exposure Among other things, the task force will
to equities of foreign companies, with suggest measures to allow agents and other
custodian banks facilitating the transactions by intermediaries to facilitate both eKYC and
purchasing shares and issuing receipts. physical KYC to onboard new clients.
In the past, Indian companies such as Infosys, Presently, the Unique Identification Authority
Wipro,and HDFC Bank sold American of India (UIDAI) framework allows insurance
Depository Receipts (ADRs), which are traded companies to identify the customer by using
on the New York Stock Exchange. his/her Aadhaar with consent management.
Currently, investors through IFSC, Gift City, In the absence of Unique Customer
can avail of several tax benefits, including Identification in the insurance sector,
exemption from securities transaction tax and insurance companies are facing various
stamp duty. issues while providing the services and claims
Foreign funds can also avail of lower tax rates apart from ease of onboarding the customers,
on capital gains at Gift City. circumventing possible frauds, etc.
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The insurance regulator has constituted a 12- (d) Mumbai

member task force headed by IRDAI (e) Bangalore
Chairperson Debashish Panda. Answer: B
The panel has been asked to suggest The Ministry of Civil Aviation (MoCA), Airport
measures to ease the onboarding of Authority of India (A AI), and Federation of
customers using Aadhaar, and steps for fraud Indian Chambers of Commerce and Industry
management at the underwriting and claims (FICCI) are organizing the upcoming edition of
stages. 'Wings India 2024'.
It has also suggested measures for improving Asia’s largest commercial, general, and
the traceability of customers/beneficiaries to business aviation event is to be held in
reduce unclaimed amounts of policyholders. January 2024 at Begumpet Airport,
The 12-point terms of reference also seek the Hyderabad, India.
panel's suggestion on linkingABHA ID
(Ayushman Bharat) and facilitating insurers to 125. As per which Ministry’s report reiterates
access annuity life certificates (Jeevan the growing importance of the livestock and
Pramaan). fishing sector in India’s agriculture mix
IRDAI has made KYC norms mandatory for recently (May 2023)?
the purchase of all new insurance policies, (a) Minister for External Affairs
irrespective of their premiums, starting (b) Minister for Home Affairs
January 1, 2023. (c) Minister for Housing and Urban Affairs
This rule will apply to all types of insurance - (d) Ministry of Statistics and Program
life, general, and health insurance. implementation
(e) Ministry of Information and Broadcasting
124. Recently (May 2023),The upcoming Answer: D
edition of "Wings India 2024" will be held in A recent report by the Ministry of Statistics
Begumpet Airport and is being organized by and program implementation (MoSPI)
the Ministry of Civil Aviation, Airport Authority reiterates the growing importance of the
of India, and Federation of Indian Chambers livestock and fishing sector in India’s
of Commerce and Industry. Begumpet Airport agriculture mi x.
is located in which city? Livestock, fishing, and aquaculture saw the
(a) Kolkata highest increase in gross value of output
(b) Hyderabad (GVO) between 2011-12 to 2020-21.
(c) Chennai
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The livestock and fishing sector is dominated STARS (Strengthening Teaching -Learning
by private players and has little or no and Results for States) Program?
government intervention. (a) Kolkata
Share of GVA of agriculture and allied (b) Hyderabad
activities (FY2021): it was 20.3 percent, and it (c) Chennai
was the highest in a decade in the country’s (d) Mumbai
total GVA. (e) Bangalore
It can be because of Covid when other sectors Answer: D
fared poorly. The Ministry of Education and World Bank
The share of the crop sector dropped from organized an of its kind workshop on School -
62.4 percent to 54.9 percent in the total GVO to-Work Transition under the STARS Program
between 2011-12 to 2020-21. in Mumbai .
Within the crop sector, fruits and vegetables School-to-Work Transition workshop under the
account for the highest share of GVO, STARS Program was co-chaired by
followed by cereals. Secretaries of School Education and Skill
Among the fruits, output was the highest for Development and Entrepreneurship.
mangoes, followed by bananas. The strengthening Teaching-Learning and
Among the vegetables, potatoes, and Results for States (STARS) Project was
tomatoes together saw the highest production, approved by the Cabinet in October 2020 and
accounting for about 14 percent of the group. is to be implemented as a centrally sponsored
West Bengal reported the highest output in scheme.
fruits and vegetables i n all these years (2011- It became effective in 2021 for a period of five
12 to 2020-21). years i.e. up to FY: 2024-25.
The GVO of cereals, at 3.36 trillion, was the STARS project would be implemented under
highest among all crop groups in 2011-12. the Department of School Education and
Uttar Pradesh (UP) recorded the highest Literacy, Ministry of Education with the
output of cereals in all the years (2011-12 to financial support of the World Bank.
2020-21). It is being implemented in six identified states
viz. Himachal Pradesh, Maharashtra, Odisha,
126. In which citya first-of-its-kind workshop Rajasthan, Madhya Pradesh, and Kerala.
on school-to-work transition was organized These states will be supported by various
recently (May 2023) by the World Bank and interventions to improve education quality.
the Ministry of Education as part of the
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It is carved out of Samagra Shiksha, with a The Coal Ministry said that according to the
focus on those elements of the scheme that Action Plan for 2023-24, the coal production
will most directly support school education target for the financial year 2023-24 is 1,012
enhancement. Milliontonnes.
The overall focus and components of the The coal Ministry has signed agreements for
STARS project are aligned with the objectives 23 coal mines having a cumulative peak-rated
of the National Education Policy (NEP) 2020 capacity of 33.224 MT per annum during the
of Quality Based Learning Outcomes. Financial Year 2022-23.
The STARS project also aims to focus on The Ministry said it is expected that 25 coal
initiatives of PM e-Vidya, Foundational mines will be allocated during Financial Year
Literacy and Numeracy Mission, and National 2023-24 for commercial mining.
Curricular and Pedagogical Framework for The Ministry focuses on enhancing coking
Early Childhood Care and Education as part of coal production from 52 Milliontonnes (MT) in
the Atmanirbhar Bharat Abhiyan. Financial Year 2022 to 140 MT in Financial
Year 2030.
127. Recently (May 2023), India’s coal supply The government launched Mission Coking
reached 877.74 Milliontonnes in the last nine Coal in August 2021.
years which is how much in percentage? It was launched with a roadmap suggesting
(a) 45.37% ways to augment the production and utilization
(b) 47.52% of domestic coking coal in India by 2030.
(c) 56.78%
(d) 43.37% 128. Union Minister
(e) 51.71% ParshottamRupalarecently (May 2 023)
Answer: A launched the Sagar Parikrama Yatra Phase -V
India’s coal supply has reached 877.74 in Raigad Dist which is a fisherman's welfare
Milliontonnes in the last nine years. program. What is India's position in theglobal
It has recorded 45.37% growth in the last nine fish production?
years. (a) 1st
India’s coal production has achieved 47% (b) 5th
growth in the last nine years. (c) 3rd
Overall coal production has increased up to (d) 6th
893.08 Milliontonnes in Financial Year 2023. (e) 4th
This is the highest in the history of the country. Answer: C
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Union Minister ParshottamRupala launched (d) 2066& 2020

the Sagar Parikrama Yatra Phase -V at (e) 2080 & 2020
Karanja(Raigad Dist.). Answer: E
More than 6000 fishermen, fish farmers, and The 2080s of the Bikram Samvat will be
other dignitaries participated in the program at marked as ' the Visit Nepal Decade' and the
Karanja (Raigad Dist.). year 2025 as the special year for tourism.
The Sagar Parikrama fifth phase will be Nepal's President Ram Chandra Poudel
organized at Raigad, Ratnagiri, and announced this while presenting the policies
Sindhudurg Districts inMaharashtra and and programs for the fiscal year 2080/81 at a
Vasco, Mormugao, and Canacona in Goa. joint sitting of the Federal Parliament.
From a mere 7.5 lakh tons in 1950-51, India’s Previously, the government had announced to
total fish production has reached a record observe 2020 as a 'visit Nepal year' which was
162.48 lakh tons per annum in 2021-22, with a later canceledin the wake of the COVID crisis.
10.34% growth in fish production in 2021-22 in The tourism sector, which has seen huge
comparison to 2020-21. losses from the COVID crisis, is slowly
India is the 3rd largest fish-producing country recovering.
with about 8% share in global fish production . From the beginning of 2023, about one lakh
It stands 2nd in aquaculture production and tourists are visiting Nepal every month.
one of the top cultured shrimps producing In addition, the President announced that
nations in the world, timely amendments would be made totourism-
From mere 28.23 lakh tons per annum in related laws.
2000-01, the inland fish production stood at Tourist destinations will be popularised in the
121. 21 lakh tons per annum in 2021-22, a international community and necessary
staggering 400 percent increase. infrastructure will be created accordingly.
In all 7 provinces, new tourist destinations will
129. Recently (May 2023), which of the be identified and each province will be a
following year will be marked as the cultural village.
“VisitNepal Decade” and previously which New mountains will be opened to climb and
year was announced to observe as a “Visit security arrangements for climbers and
Nepal Year” respectively? tourists will be made more reliable.
(a) 2054& 2020 Also With the collaboration of private sectors,
(b) 2045& 2020 'Samarmatha Special Honour' will be
(c) 2073& 2020 conferred on foreign nationals considering
Page 381 of 424
their role in the promotion of Nepal's art, The premium required for health insurance to
culture, language, and literature in the the tune of Rs 1.34 lakh in 4 different
international arena. categories were supported through
Sanjeevani Nidhi District Relief Fund
130. Which state recently (May 2023) The money for the scheme was arranged from
introduced the Niramaya Health Insurance Sanjivani Nidhi, funds for which were donated
program, which offers inexpensive health by government employees on New Year's Day
insurance for kids with impairments such as (January 01).
autism, cerebral palsy, mental retardation, and Employees donated around 15 lakhs to
multiple disabilities? Sanjivani Nidhi.
(a) Karnataka The fund would be utilized for the poor, the
(b) Rajasthan underprivileged,and persons with special
(c) Andhra Pradesh abilities.
(d) Telangana Also, a plan was being prepared for payment
(e) Maharashtra of premium for the ‘Sukanya Samruddhi
Answer: C Yojana’ scheme for girls, who have lost their
In a first-of-its-kind initiative in Andhra mother or father & provide wheelchairs,
Pradesh (AP), the Visakhapatnam district tricycles and other aids to physically
launched the Niramaya Health Insurance challenged persons in the district with ₹60
scheme. lakh from the Indian Oil Corporation Limited
To provide affordable health insurance for (IOCL), in the next couple of months.
children suffering from autism, cerebral palsy,
mental retardation, multiple disabilities, and 131. Recently (May 2023),Madhya Pradesh
others. Chief Minister flagged off a batch of 32 senior
District collector Dr. A Mallikharjuna launched citizens on pilgrimage to Prayagraj from
the free health insurance scheme. Bhopal, MP via flight under the scheme of
The beneficiaries can claim up to Rs 1 lakh 'Mukhya Mantri Tirath Yatra Yojana'.Prayagraj
per year towards medical reimbursement as a is located in which state?
part of the scheme initiated by the Central (a) Haryana
government with the support of the National (b) West Bengal
Trust under the Ministry of Social Justice and (c) Madhya Pradesh
Empowerment. (d) Uttar Pradesh
(e) Maharashtra
Page 382 of 424
Answer: D 132. Andhra Pradesh (AP) Chief Minister (CM)

Madhya Pradesh (MP) Chief Minister (CM) Shri YS Jagan Mohan Reddy inaugurated the
Shri Shivraj Singh Chouhan flagged off a ___________________, at Manginapudi in
batch of 32 senior citizens comprising 24 men Krishna district.
and 8 women on pilgrimage to Uttar Pradesh's (a) Machilipatnam Port
(UP) Prayagraj from Bhopal, MP via flight (b) Kakinada Port
under the scheme of 'Mukhya Mantri Tirath (c) Visakhapatnam Port
Yatra Yojana' (d) Ramayapatnam Port
MP has become the 1st state in India to (e) Kallipalayam Port
organize government-funded air travel for Answer: A
pilgrimage purposes. Andhra Pradesh (AP) Chief Minister (CM) Shri
So far, 7, 82,000 elderly people have YS Jagan Mohan Reddy inaugurated the
undertaken pilgrimage in 782 special trains Machilipatnam Port works, at Manginapudi in
under the scheme. Krishna district, AP emphasizing its potential
He prepared an effective action plan for May for accelerated development and job creation.
to July to make the benefits of Mukhya Mantri With an estimated cost of ₹5,156 crore, this
Tirth-Darshan Yojana by air easily available to project aims to transform Machilipatnam into a
the elders of the state, which will be launched thriving port city, fostering economic growth
on May 21, 2023, from Bhopal to Prayagraj. and connectivity.
In the same sequence, on May 23, 2023, It is one of the three non-major ports
pilgrims of Agar-Malwa district, Uttar Pradesh (Ramayapatnam in Nellore and Moolapeta in
(UP) will leave from Indore airport for Shirdi, Srikakulam district are the other two), being
Maharashtra. developed by the AP Maritime Board (APMB)
On May 25,2023, pilgrims of Betul district, MP at an estimated cost of ₹11,465 crore (₹5,253
will leave from Bhopal airport via Agra airport crores and ₹6,212 crores in the first and
for Mathura-Vrindavan, UP. second phases respectively), on a total extent
On May 26,2023, pilgrims of Dewas, MP will of 3,700 acres.
leave from Indore airport for Shirdi, The project is being implemented by
Maharashtra, and on June 3, 2023, pilgrims of Machilipatnam Port Development Corporation
Khandwa, MP from Indore airport via Kolkata, Limited, a special-purpose vehicle floated by
West Bengal (WB) for Gangasagar, WB. the State government.
Page 383 of 424

The Power Finance Corporation Limited Indian companies can only get their shares
sanctioned ₹3,940 croresas a loan for the listed on foreign exchanges through Global
construction of the greenfield port. Depository Receipts (GDR).
The debt-equity ratio has been pegged at GDRs help Indian companies get foreign
75:25 (₹3,940 crores through debt and ₹1,314 funds and gain access to international capital.
crores as equity by the APMB and the Only companies with a three-year sound
Government of A.P.). financial record can get access to GDRs.
Thus, Indian companies should get clearance
133. The London Stock Exchange and the from the Ministry of Finance and Foreign
Luxembourg Stock Exchange will no longer Investment Promotion Board (FIPB) to obtain
accept TataConsumer Products' GDRs, the GDRs.
company announced recently (in May 2023).
What is the acronym of GDR ? 134. Unsponsored depository receipts (UDRs)
(a) Global Document Receipts for Indian shares may be allowed by the
(b) Global Depo Receipts International Financial Services Centre
(c) Global Delist Receipts Authority (IFSCA) in Gift City hopes to
(d) Global Depository Receipts increase liquidity by luring foreign investors
(e) Global Depreciate Receipts looking for offshore alternatives to the
Answer: D _______stock exchanges.
Tata Consumer Products recently said that it (a) National
will delist its global depository receipts (GDRs) (b) Newyork
from the London Stock Exchange and (c) Mumbai
Luxembourg Stock Exchange. (d) Sensex
It is a foreign currency-denominated (e) Nifty
negotiable financial instrument issued by a Answer: C
depositary bank. The International Financial Services Centre
GDRs are certificates issued by a depository Authority (IFSCA), the regulatory body
bank, which purchases foreign company overseeing GIFT City’s international financial
shares and deposits them in the account. services center, is considering permitting
GDRs are commonly used to raise capital unsponsored depository receipts (UDRs) for
from international investors through public Indian shares.
stock offerings or private placement.
Page 384 of 424

This move would offer investors the Answer: B

opportunity to invest in Indian stocks and avail Global plastic pollution can reduce by 80
of tax benefits. percent by 2040 if countries and companies
By introducing Indian UDRs, the International make deep policy and market shifts using
Financial Services Centre (IFSC) in Gift City existing technologies and shift to a circular
aims to boost liquidity, attracting foreign funds economy, according to a new report launched
seeking offshore alternatives to the Mumbai by United Nations Environment
stock markets. Programme(UNEP).
Currently, Gift City offers derivatives, debt The report "Turning Off The Tap" was
products, and UDRs of foreign companies released ahead of the negotiations resuming
such as Apple and Google. in Paris seeking a global agreement to beat
Depository receipts allow investors exposure plastic pollution.
to equities of foreign companies, with The report highlights the magnitude and
custodian banks facilitating the transactions by nature of changes required to end plastic
purchasing shares and issuing receipts. pollution and to create a circular economy to
In the past, Indian companies such as Infosys, replace the widespread use of single-use
Wipro, and HDFC Bank sold American plastics and their inappropriate disposal.
Depository Receipts (ADRs), which are traded According to the report, one million plastic
on the New York Stock Exchange. bottles are purchased every minute while up
to five trillion plastic bags are used worldwide
135. Recently (May 2023),According to a new every year.
analysis released by the United Nations In total, half of all plastic produced is designed
Environment Program, if nations and for single-use purposes, the UNEP confirms.
businesses undertake significant policy and About 400 million tonnes of plastic waste are
market changes utilizing current technology generated every year.
and transition to a circular economy, global Countries need to eliminate unnecessary and
plastic waste could be reduced by 80% by problematic plastic uses.
which year? They need to make three market shifts —
(a) 2045 reuse, recycle, reorient, and diversify.
(b) 2040 It further adds that reuse systems provide the
(c) 2035 highest opportunity to reduce plastic pollution
(d) 2050 (a reduction of 30 percent by 2040) by
(e) 2030
Page 385 of 424
replacing some of the most problematic and pregnancy that runs to at least 39 weeks) – as
unnecessary products. per a United Nations-backed report published
'Recycling' can help reduce plastic pollution by May 10.
an additional 20 percent, if only it becomes a India was in the fourth position in terms of
more stable and profitable venture. preterm birth rates in 2020.
Almost half (45%) of all preterm babies in that
136. Recently (May 2023), the World Health year were born in just five countries: India,
Organisation, United Nations Children's Fund, Pakistan, Nigeria, China, and Ethiopia.
and Partnership for Maternal, Newborn and The birth rate of preterm babies in India is 13.
Child Health released the study "Born Too Bangladesh, however, leads this list, with a
Soon: Decade of Action on Pre -term Birth". birth rate of 16.2, followed by Malawi (14.5)
India has a birth rate of how many preterm and Pakistan (14.4).
infants? The “four Cs” are further adding to the issue of
(a) 10 preterm births, the report noted. Conflict,
(b) 13 climate change, COVID-19, and the cost-of-
(c) 16 living crisis “heighten threats for the most
(d) 18 vulnerable women and babies in all countries”.
(e) 20
Answer: B 137. In FY 2022–2023, India's defence output
The report ‘Born Too Soon: Decade of Action increased by more than how much percentage
on Pre-term Birth” was recently released by and for the first time surpassed 1 trillion
World Health Organization (WHO), United rupees ($12 billion)?
Nations Children’s Fund, and Partnership for (a) 12%
Maternal, Newborn and Child (b) 15%
Health(PMNCH). (c) 18%
As many as 152 million babies were born too (d) 20%
soon in the world over the last decade. (e) 10%
In the pandemic year of 2020, that number Answer: A
was 13.4 million. India’s defence production rose more than
That year, India was among the top five 12% in FY 2022-2023 and crossed the 1
countries where babies were born too soon, or trillion rupees ($12 billion) threshold for the
preterm – babies born alive before 37 weeks first time.
of pregnancy (as opposed to full-term
Page 386 of 424
To promote domestic defence manufacturing India’s defence exports have risen too,
and has set a target of achieving a turnover of jumping 24% to about 160 billion rupees last
USD 25 billion (Rs 1.75 lakh crore) in defence fiscal year.
manufacturing by 2024-25, including an export It exports Dornier-228 aircraft, artillery guns,
target of USD 5 billion (Rs 35,000 crore) worth Brahmos missiles made under a joint venture
of military hardware. (JV) with Russia, radars, armored vehicles,
The current value stands at Rs 1,06,800 crore rockets and Launchers, ammunition, and other
and is expected to rise further as data is equipment.
received from additional private defence
industries. 138. Recently (May 2023),The Saudi Arabian
This marks a growth of over 12% compared to Armed Forces worked together for the first-
the previous year when the value of defence ever Maiden Afloat Training of Saudi Cadets
production was Rs 95,000 crore. in a significant move intended to improve
The government has been working in close cooperation between the Indian Navy and the
collaboration with defence industries and their Royal Saudi Naval Force. King Fahd Naval
associations to address challenges and Academy in Saudi Arabia sent 55 cadets to
promote defence production in India. the Southern Naval Command's headquarters
Policy reforms, including the integration of in which city?
Micro, Small, and Medium Enterprises (a) Chennai
(MSMEs) and start-ups into the supply chain, (b) Kochi
have been implemented to enhance the ease (c) Mumbai
of doing business. (d) Karwar
Over the past 7 to 8 years, the number of (e) Visakhapatnam
defence licenses issued to industries has Answer: B
increased by almost 200%, demonstrating the In a major move aimed at enhancing
growth of the sector. cooperation between the Indian Navy and the
With an estimated expenditure of Royal Saudi Naval Force, the Saudi Arabian
approximately USD 130 billion in capital Armed Forces collaborated for the first-ever
procurement over the next 5 years, the Indian Maiden Afloat Training of Saudi Cadets.
armed forces (IAF) are poised to significantly 55 cadets from the King Fahd Naval
contribute to the growth of the domestic Academy, Saudi Arabia arrived in
defence industry. Kochi,Kerala, the headquarters of India's
Page 387 of 424

Southern Naval Command, as part of their The traditional game Gatka and Lagori have
first-ever training with the Indian Navy. been included as demonstration sports.
Along with this 5 Directing Staff from King The 37th national game is scheduled to be
Fahd Naval Academy, Saudi Arabia arrived held in Goa in October 2023 .
onboard First Training Squadron (1TS) ships, A total of 43 games will be organized at the
Indian Naval Ship (INS) Tirand INS Sujata at national game in collaboration with the
Kochi as part of afloat training with the Indian Government of Goa.
Navy. For the first time, beach football, roll ball, golf,
The cadets would be undergoing 24 days of sepaktakraw, sqay martial arts, kalliyarapattu,
afloat training on various aspects of and pencaksilat will be medal sports at the
seamanship, navigation, fire fighting, and 37th National Games.
emergency drills onboard.
To provide first-hand experience of life 140. Recently (May 2023), Martin Amis
onboard a sailing ship, the cadets would also passed away in Lake Worth, Florida, United
be attached onboard Sail Training S hip, INS States of America (USA). He was a renowned
Sudarshini during this period. _______________.
The maiden afloat training of cadets from the (a) Sculpturist
Royal Saudi Naval Force onboard the Indian (b) Guitarist
Navy's Training Squadron is a major stride (c) Artist
towards cooperation between the two Navies. (d) Cartoonist
(e) Novelist
139. Which edition ofthe National Games- Answer: E
2023 is scheduled to be held in Goa? Renowned British novelist Martin Amis has
(a) 20th passed away at the age of 73 in Lake Worth,
(b) 23rd Florida,United States of America (USA).
(c) 28th Amis was born on 25 August 1949 in Oxford,
(d) 37th England, United Kingdom (UK).
(e) 30th He was the son of the well-known novelist
Answer: D Kingsley Amis, who came to fame with his
Indian Olympic Association (IOA) approved book Lucky Jim.
the inclusion of Gatka in the 37th National He was an English novelist, essayist,
Games-2023. memoirist, and screenwriter.
Page 388 of 424

He is best known for his novels Money (1984) India first participated in a U.N. peacekeeping
and London Fields (1989). mission in 1950.
Dag Hammarskjold Medal is the highest honor
141. United Nations recently (May 2023) awarded to U.N. Peacekeepers.
awarded the Dag Hammarskjold Medal to It is named after Dag Hammarskjöld, the
three Indian peacekeepers. On which day the second Secretary-General of the United
International Day of United Nations Nations.
Peacekeepers is observed? This year marks the 75th anniversary of the
(a) May 29 U.N. Peacekeeping. The International Day of
(b) May 23 United Nations Peacekeepers is observed on
(c) May 20 May 29.
(d) May 15
(e) May 19 142. Recently (May 2023), Rajasthan Chief
Answer: A Minister Ashok Gehlot virtually inaugurated
Three Indian peacekeepers were awarded the ‘Jungle Safari’ atJaisamand Wildlife
Dag Hammarskjold Medal by the United Sanctuary.In which district of Rajasthan the
Nations on May 25. Jaisamand Wildlife Sanctuary located?
The three Indians include Border Security (a) Udaipur
Force (BSF) personnel Head Constables (b) Baran
Shishupal Singh and Samwali Ram Vishnoi. (c) Jaipur
They served with the OrganisationStabilisation (d) Ajmer
Mission in the Democratic Republic of the (e) Alwar
Congo. Answer: A
The three Indians also include ShaberTaher Minister Ashok Gehlot virtually inaugurated
Ali. He was employed in a civilian capacity ‘Jungle Safari’ at Jaisamand Wildlife
with the U.N. Assistance Mission for Iraq. Sanctuary.
Singh and Vishnoi were among five people Leopards, sloth bears, chinkara, wild boar,
killed during an anti-UN protest in the Eastern and some birds are found in this Wildlife
city of Goma near Congo’s border with Sanctuary.
Uganda. Established in 1957, this sanctuaryis located
While Singh hailed from Sikar, Vishnoi beside the man-made lake of the same name.
belonged to Barmer. Covering a total area of 160 sq km.
Page 389 of 424

Ashok Gehlot also addressed the inaugural Jugalbandi is a combination of AI models from
function of the Peace and Non-violence Cell AI4Bharat and Microsoft Azure OpenAI
offices in all districts. Service which will enable seamless
Peace and non-violence are the basis of conversations between users and the chatbot.
culture, harmony, and brotherhood. Jugalbandi will provide information regarding
Rajasthan is the only state where Peace and numerous government schemes and welfare
Non-Violence Department exists. programs. It will especially help those people
Jaisamand Wildlife Sanctuary is situated in the who are unable to read, write, or understand
Udaipur district of Rajasthan. English.
It will reduce the need to visit government
143. Choose the name of the chatbot that was service centers and minimize the
launched by Microsoft for rural India. inconvenience of retrieving missing
(a) Rural AI documents.
(b) AI-Micro Jugalbandi will cover 22 official languages and
(c) Apbandi around 20,000 government programs.
(d) Jugalbandi AI startup OpenNyAI is also involved in the
(e) Bharat AI development of this chatbot.
Answer: D
Microsoft launched a multilingual chatb ot, 144. Recently (May 2023), 21 countries are
Jugalbandi, for rural India. exempted by which ministry from the levy of
Jugalbandi, a multilingual chatbot powered by angel tax for non-resident investment in
generative AI, has been designed to serve unlisted Indian start-ups?
rural areas of India. (a) Minister for Finace
It has been developed in collaboration with (b) Minister for Home Affairs
AI4Bharat and IIT Madras. (c) Minister for Housing and Urban Affairs
The main objective of the collaboration is to (d) Ministry of Statistics and Program
break language barriers and provide implementation
technology-driven solutions through the (e) Ministry of Information and Broadcasting
Bhashini initiative. Answer: A
Its main aim is to provide personalized The Finance Ministry recently exempted
assistance by understanding user queries in investors from 21 countries from the levy of
multiple languages. angel tax for non-resident investment in
unlisted Indian startups.
Page 390 of 424
Excluded entities include those registered with The startup should be recognized by the
Sebi as Category-I FPI, Endowment Funds, Department for Promotion of Industry and
Pension Funds, and broad-based pooled Internal Trade (DPIIT) as an eligible startup.
investment vehicles, which are residents of 21 The aggregate amount of paid-up share
specified nations, including the US, UK, capital and share premium of the Startup
Australia, Germany, and Spain, as per the cannot be more than ₹25 crores. This amount
notification. does not include the money raised from Non-
The other nations mentioned in the notification Resident Indians (NRIs), Venture Capital
are Austria, Canada, Czech Republic, Firms, and specified companies.
Belgium, Denmark, Finland, Israel, Italy, For angel investors, the amount of investment
Iceland, Japan, Korea, Russia, Norway, New that exceeds the fair market value can be
Zealand, and Sweden. claimed for a 100% tax exemption. However,
It is a tax levied on the capital raised via the the investor must have a net worth of ₹2
issue of shares by unlisted companies if the crores or an income of more than ₹25 Lakh in
share price of issued shares is seen as more the past 3 fiscal years.
than the fair market value of the company. Previously, angel tax provisions were
The excess funds raised at prices above fair applicable only for investments received from
value are treated as income, on which tax is resident investors.
levied. However, Finance Bill 2023 has extended its
Angel tax essentially derives its genesis from applicability to non-resident investors as well.
section 56(2)(viii) of the Income Tax Act,
1961. 145. Recently (May 2023), Indian bank
It is levied at a rate of 30.9% on net wasimpaneled as a Clearing and Settlement
investments over the fair market value to deter Bank with the Indian Clearing Corporation Ltd
the generation and use of unaccounted money (ICCL). Where is the headquarters ofIndian
through the subscription of shares of a closely Bank located?
held company, at a value that is higher than (a) Lucknow
fair market value. (b) Raipur
In 2019, the Government announced an (c) Mumbai
exemption from the Angel Tax for startups on (d) Chennai
fulfillment of certain conditions. These are, (e) Hyderabad
Answer: D
Page 391 of 424

Indian Bank has been impaneled as a bank concerning its financial position on
Clearing and Settlement Bank with the Indian March 31, 2021.
Clearing Corporation Ltd (ICCL). Central Bank of India is an Indian public sector
The public sector bank can now facilitate bank based in Mumbai.
banking services to members of BSE for Shri M. V. Rao Managing Director & Chief
clearing and settlement operations. Executive Officer.
The bank also launched the e-TDR product for
online transmission of FDR and margin with 147. KarnatakaBank recently (May 2023),
ICCL on behalf of the clearing members with appointed whom as the MD and CEO of the
its dedicated branch – Fort, Mumbai. bank?
Indian Bank is an Indian public sector bank, (a) Shyam Singh
established in 1907 and headquarte red in (b) Sanjay Singh
Chennai. (c) Srikrishnan Hari Hara Sarma
Devika Shah, MD & CEO, ICCL. (d) Vasanth Hasan
(e) Vali Roy
146. How much penalty was received bythe Answer: C
Central Bank of Indiafrom the RBI recently The board of directors of Karnataka Bank Ltd
(May 2023) for non-compliance with certain has appointed Srikrishnan Hari Hara Sarma
provisions of norms related to fraud as an Additional Director to take up the role of
classification and reporting? MD and CEO of the bank.
(a) ₹75.50 lakh The bank informed stock exchanges that
(b) ₹54.50 lakh under the approval received from the Reserve
(c) ₹68.50 lakh Bank of India (RBI), the board of directors at
(d) ₹60.50 lakh its meeting has appointed Srikrishnan Hari
(e) ₹84.50 lakh Hara Sarma as an Additional Director to take
Answer: E up the role of MD and CEO of the Bank for
The RBI has imposed a penalty of ₹84.50 three years effective from the date of his
lakhs on the Central Bank of India (the bank) assuming charge.
for non-compliance with certain provisions of Karnataka Bank Limited is an Indian private-
norms related to fraud classification and sector bank based in Mangalore.
reporting.
The Reserve Bank conducted a statutory 148. On May 2023, The government capped
inspection for supervisory evaluation of the the amount of interest subvention at Rs 10
Page 392 of 424
crore per IEC (import-export code) holder in The interest equalization rates under the
one financial year. Which of the following scheme have been revised to 2 percent and 3
correctly describes the IEC? percent for specified categories of MSME
(a) Import-Export Code (IEC) is an important manufacturer exporters.
code of 14 digits that is required to undertake Import-Export Code (IEC) is an important
the business of food items in Ship. document required to undertake the business
(b) Import-Export Code (IEC) is an important of inbound and outbound shipments.
document required to undertake business in
Ships only. 149. Recently (May 2023), R Dinesh, the
(c) Import-Export Code (IEC) is an important executive vice chairman of TVS Supply Chain
document required to undertake the business Solutions, has been chosen by the
of outbound shipments. Confederation of Indian Industry (CII) to serve
(d) Import-Export Code (IEC) is an important as its president for the years 2023–2024.
document required to undertake the business Whom did he replace?
of inboundshipments. (a) Rajiv Memani
(e) Import-Export Code (IEC) is an important (b) Harsh Jain
document required to undertake the business (c) Sanjiv Bajaj
of inbound and outbound shipments. (d) SanjivPuri
Answer: E (e) R Darnesh Kumar
The government capped the amount of Answer: C
interest subvention at Rs 10 crore per IEC The Confederation of Indian Industry (CII) has
(import-export code) holder in one financial elected R Dinesh, the Executive Vice
year. Chairman of TVS Supply Chain Solutions as
In March last year, the RBI extended the its President for 2023-24.
interest equalization scheme for pre and post- He takes over from Sanjiv Bajaj, the Chairman
shipment rupee credit for MSME exporters till and Managing Director of Bajaj Finserv
March 2024 to boost outbound shipments. Limited.
Exporters get subsidies under the 'Interest Dinesh is a fourth-generation member of the
Equalisation Scheme for pre and post- TVS family.
shipment Rupee Export Credit'. He founded TVS Supply Chain Solutions
All disbursements made from April 1, 2023, (formerly known as TVS Logistics) in 1995
shall be counted for an IEC for the current and steered the company into a billion-dollar
financial year. organization. Under his leadership, the
Page 393 of 424
company also expanded into more than 50 ShivnathThukral and HarshilMathur,

countries. respectively.
As per a statement by CII, SanjivPuri, the The new 24-member governing council and
Chairman and Managing Director of ITC the new executive council of the IAMAI will
Limited, will assume the role of President- take charge of the present councils at the next
Designate of CII for the year 2023-24. annual general meeting.
Rajiv Memani, Chairman of the India region of The IAMAI governing council election is held
Ernst & Young (EY), a global professional every two years.
services organization, has been appointed as IAMAI represents the digital services industry
the Vice President. in India and has over 500 Indian and
multinational corporations as its members. Its
150. Whom did Harsh Jain replace as the mandate is to expand and enhance the online
chairman of the Internet and Mobile and mobile value-added services sectors.
Association of India (IAMAI) in May 2023?
(a) Rajiv Memani 151. Recently (May 2023), RuPay credit cards
(b) Harsh Jain are now supported on the Unified Payments
(c) Sanjiv Bajaj Interface (UPI) via Google Pay, which was
(d) SanjivPuri launched in collaboration with the National
(e) Sanjay Gupta Payments Corporation of India. In which year
Answer: E the RBI allowed the linking of RuPay credit
Harsh Jain, co-founder and chief executive cards to the UPI platform?
officer (CEO) of Dream Sports has been (a) April 2021
elected as the chairman of the Internet and (b) May 2021
Mobile Association of India (IAMAI). (c) June 2022
He will serve the post for the next two years. (d) October 2022
Jain replaces Sanjay Gupta, vice -president, (e) April 2022
and country manager at Google India. Answer: C
Rajesh Magow, co-founder and group CEO, of Google Pay in association with the National
MakeMyTrip, and SatyanGanjwani, vice- Payments Corporation of India (NPCI) rolled
chairman, of Times Internet, have been out support for RuPay credit cards on Unified
elected the vice-chairman and the treasurer of Payments Interface (UPI).
the association. They will replace
Page 394 of 424

Google Pay users can now link their RuPay (b) 10% & April 1, 2023
credit cards with Google Pay to pay at online (c) 20% & April 1, 2023
and offline merchants. (d) 20% & July 1, 2023
This feature will give more flexibility to Google (e) 15% & April 1, 2023
Pay users and increase the adoption of digital Answer: D
payments in India. Payments through international debit or credit
This feature will be available to RuPay credit cards up to ₹7 lakhs will not come under the
card holders of Axis Bank, Bank of Baroda Liberalised Remittance Scheme (LRS).
(BoB), Canara Bank, HDFC Bank, Indian The Finance Ministry clarified such payments
Bank, Kotak Mahindra Bank, Punjab National will not attract Tax Collected at Source (TCS).
Bank (PNB) and Union Bank of India (UBI). Meanwhile, transactions through UPI (Unified
The integration of the RuPay Credit Card on Payment Interface) exceeding ₹7 lakhsby
UPI delivers a remarkable user experience Indians abroad will be treated at par with
seamlessly combining the convenience of UPI international credit or debit cards.
with the benefits of the RuPay Credit Card. They will be treated at par with international
Thereafter, users will need to set a unique UPI credit or debit cards.
PIN by entering the last 6 digits of the card Under LRS, all resident individuals, including
number and expiry, entering the OTP from minors, are permitted to freely remit up to
their bank. $2,50,000 per fiscal year for any permissible
At present, there is no option to add Visa and current or capital account transaction or a
Master-issued credit cards to Google Pay or combination of both.
any other UPI payment app in India. Resident individuals are allowed to use foreign
The Reserve Bank of India (RBI) allowed the exchange facilities up to the limit of $2,50,000
linking of RuPay credit cards to the UPI only.
platform in June 2022. Corporates, partnership firms, HUF,
Trusts,etc. are not eligible for the scheme.
152. The government recently (May 2023) The Ministry of Finance (MoF) in consultation
announced that all international credit card with the Reserve Bank of India (RBI) has
spending outside of India will be a part of LRS omitted Rule 7 of FEM (CAT) Rules 2000.
that will attract a higher tax collected at the It has removed the relaxation given to the
source of how much percentage and the new users of international credit cards for their
tax rate will come into effect from which day ? transactions by a person when they are on an
(a) 25% & June 1, 2023 overseas visit.
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The change brings overseas international Further, the cap on incentives for such
credit card spending under the liberalized vehicles has been lowered to 15% of the ex-
remittance scheme (LRS) of the RBI. factory price of vehicles from the earlier 40%.
The government announced that all But the total amount allocated toward
international credit card spending outside of providing incentives for these vehicles will be
India will be a part of LRS, which will attract a raised from the current ₹2,000 crores.
higher tax collected at source at 20%. On 17 May, the ministry announced the
The new tax rate will come into effect from impending plan to lower the subsidy on
July 1, 2023. electric two-wheelers.
153. The heavy industries ministry declared 154. In one of its reports, the Finance
recently (May 2023) that the present₹_____ Commission suggested that eight new cities
per kilowatt hour (kWh) subsidy on electric be built to reduce the population strain on the
two-wheelers would be cut to ₹10,000 per nation's existing urban areas. Unde r which
kilowatt hour (kWh). edition of Finance Commission this suggestion
(a) ₹15,000 takes place recently (May 2023)?
(b) ₹10,000 (a) 5th
(c) ₹12,000 (b) 15th
(d) ₹8,000 (c) 8th
(e) ₹20,000 (d) 12th
Answer: A (e) 10th
The government has cut the subsidy on Answer: B
electric two-wheelers to overhaul the financial A plan to develop eight new cities to alleviate
incentives given to this growing industry. the population burden on the existing urban
The heavy industries ministry announced that centers in the country is under consideration.
the subsidy would be reduced to ₹10,000 per The 15th Finance Commission in one of its
kilowatt hour (kWh) effective 1 June from reports had recommended that new cities
₹15,000 currently. should be developed.
The lower subsidy would apply to all-electric After the finance committee's
two-wheelers registered on or after 1 June, recommendation, the states sent proposals to
the ministry said in a notification. the Central Government for 26 new cities, and
after scrutiny, eight new cities are being
considered for development.
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The government will in due course announce 156. Recently (May 2023), An online rural
locations for the new cities and their education program called "Pahal" was
development timelines. launched by the chief secretary of Uttar
When a new city is developed, social and Pradesh at Government College in Lucknow.
economic activities will increase within a Which Indian Institute of Technology (IIT) w ith
radius of at least 200 km. the secondary education department worked
together to create this curriculum?
155. How much target was set by Cisco (a) IIT Bombay
products that will be produced domestically (b) IIT Madras
and exported in the future years and will build (c) IIT Delhi
a manufacturing facility in Tamil Nadu to (d) IIT Roorkee
produce two of its most popular products? (e) IIT Kanpur
(a) $1 billion Answer: E
(b) $2 billion Chief Secretary Durga Shankar Mishra of the
(c) $3 billion Government of Uttar Pradesh (UP)
(d) $4 billion inaugurated an online rural education program
(e) $5 billion ‘Pahal’ at Government UP Sainik Inter
Answer: A College, Sarojini Nagar in Lucknow, UP.
Cisco will set up a manufacturing plant in This program has been prepared by the
Tamil Nadu (TN) to make two of its highest- Department of secondary education in
volume products: switching networks and collaboration with the Indian Institute of
cutting-edge router platforms. Technology (IIT) Kanpur.
The manufacturing facility in Tamil Nadu To provide educational opportunities to rural
would generate 1,200 job opportunities. children who have limited access to quality
Cisco has set a target of $1 billion in education.
combined domestic production and exports in 'Pahal' is designed to bridge the education
the upcoming years. gap between rural and urban areas.
Cisco plans to establish core manufacturing Under this program, free online education will
capabilities in India, including testing, be provided at 10 government secondary
development, logistics, and expanding in- schools of UP in the initial phase.
house repair operations This facility will be provided in 40,000 schools
in UP in the coming days.
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Through these classes, students from rural HUL, Genpact, and Sattva will accept
areas will be able to get the latest information applications from businesses that are 51% or
related to science and mathematics. more owned, managed, or controlled by
members of diverse groups, and are certified
157. As per recent news (May 2023) by an approved certification body or who self-
Hindustan Unilever (HUL) joined withGenpact declare as diverse businesses.
and launched a program to help scale
businesses owned by minority and under- 158. Which steel producer recently (May
represented groups in India. Choose the name 2023) acquiredNational Steel and Agro
of the Program. Industries (NSAIL) for a total consideration of
(a) Be. Look ₹621 crore?
(b) Be. Watch (a) Tata Steel
(c) Be.Seen (b) JSW Steel
(d) Be. Saw (c) Steel Authority of India Limited (SAIL)
(e) Be. Sight (d) Hindalco Ltd
Answer: C (e) Jindal Steel and Power Ltd (JSPL)
In a bid to give a fillip to diverse and Answer: B
sustainable sourcing, Hindustan Unilever JSW Steel announced that its wholly -owned
(HUL) and Genpact have launched Be.Seen subsidiary JSW Steel Coated Products
— a program to help scale businesses owned Limited (JSWSCPL) will complete the
by minority and under-represented groups in acquisition of National Steel and Agro
India. Industries (NSAIL) for a total consideration of
HUL and Genpact aim to enable these ₹621 crore.
businesses to eventually get absorbed into the JSW Steel Coated Products, a wholly-owned
supply chains of large consumer companies, subsidiary, got approval for the corporate
including that HUL. insolvency resolution process of NSAIL.
The program is implemented by Sattva, a As per the approved plan, JSW Steel Coated
social impact research and advisory firm. And Products proposes to pay ₹612.47 crore to the
in the pilot phase, the program will help financial creditor of NSAIL, towards the
shortlisted business owners to develop assignment of the financial debt owed by
behavioral and technical skills over six NSAIL to such financial creditor.
months. JSW Steel Coated Products will infuse
another ₹8.52 crore by way of loan (in one or
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more tranches) towards full and final Arabia, was conducted from 21 - 25 May 2023
discharge and settlement of unpaid insolvency off Al Jubail, Saudi Arabia.
resolution process costs, payment towards This exercise will enhance maritime security,
operational creditors (including workmen and and enhance interoperability between the
employees) and other mandatory payments. Indian and Saudi naval forces.
The first edition of this exercise was
159. Recently (May 2023), thesecond edition successfully conducted in August 2021, Indian
of Al-Mohed-Al Hindi,a Joint Naval Exercise Naval Ship (INS) Kochi, the flagship destroyer
held between India and Saudi Arabia. Which of the Western Naval Fleet, arrived at the
of the following statement is correct as per the Port-al-Jubail, Saudi Arabia representing
above news? India.
A. The second edition of Al-Mohed-Al Hindi, In 2023, maritime patrol aircraft are also
Joint Naval Exercise between India and Saudi participating in the exercise.
Arabia, conducted from 21 - 25 May 2023 off This exercise will deepen defence ties
Al Jubail, Saudi Arabia. between India and Saudi Arabia.
B. The first edition of this exercise was ‘AL-MOHED AL-HINDI 2023’ comprises a
successfully conducted in August 2021, Indian series of exercises conducted on land and at
Naval Ship (INS) Kochi, the flagship destroyer sea.
of the Western Naval Fleet, arrived at the Marking a significant milestone in the growing
Port-al-Jubail, Saudi Arabia representing defense cooperation between India and the
India. Kingdom of Saudi Arabia, the INS TARKASH,
C. ‘AL-MOHED AL-HINDI 2023’ comprises a the flagship frigate of the Indian Western
series of exercises conducted on land and in Naval Fleet, along with the INS SUBHADRA,
space. an offshore patrol vessel, arrived at Port Al-
(a) Only A Jubail.
(b) Only B INS TARKASH was commissioned in 2012
(c) Only A & B and is a state-of-the-art stealth frigate of the
(d) Only C Talwar class.
(e) Only B & C It is equipped with advanced weapon-sensor
Answer: C technology.
The second edition of Al -Mohed-Al Hindi, a The name of the ship, derived from the
Joint Naval Exercise between India and Saudi Sanskrit word ‘Tarkash,’ meaning “Quiver of
Page 399 of 424

Arrows,” pays homage to its agility and Nine months later, he earned his final GM-
versatility. norm at the 2nd Chessable Sunway
INS TARKASH has actively participated in Formentera Open 2023.
many humanitarian missions such as The first Indian Grandmaster was
Operation Raahat, Operation Kaveri , etc. Viswanathan Anand, who held the title in
INS SUBHADRA is a patrol vessel of the 1988.
Sukanya class. Sayantan Das became India's 81st
It served as a test bed for Dhanush ballistic Grandmaster after his victory at the
missiles. International Festival des Jeux in Cannes,
France.
160. Recently (May 2023), V.Prraneeth
became India’s 82nd Grandmaster in the 161. Recently (May 2023), 7.6% is the
penultimate round of the Baku Open 202 3. forecasted GDP growth rateannounced by
Who was the first Indian Grandmaster? RBIfor the first quarter of the fiscal year 2023 -
(a) Vidit Santhosh 2024 (Q1 FY24). How much percentage of
(b) Harikrishna real GDP was projected in the April 2023 Bi -
(c)Gukesh D monthly Monetary Policy Statement?
(d) Viswanathan Anand (a) 7.6%
(e) Pritu Gupta (b) 7.8%
Answer: D (c) 7.1%
V.Prraneeth became Telangana’s sixth and (d) 6.7%
India’s 82nd Grandmaster when he outwitted (e) 6.8%
GM Hans Niemann of the US in the Answer: B
penultimate round of the Baku Open 2023. The Reserve Bank of India (RBI) has
The win against the top seed helped announced its economic activity index (EAI)
Prraneeth to cross ELO 2500 in the live nowcast, forecasting a strong Gross Domestic
ratings, 2500.5 to be exact having already Product (GDP) growth rate of 7.6% for the first
earned the third GM norm in the earlier quarter of the fiscal year 2023-2024 (Q1
tournament. FY24).
The 15-year-old Prraneeth earned his first This is against real GDP growth of 7.8%
GM-norm at GM in March 2022 where he also projected in the April 2023 Bi -monthly
became an IM and his second GM-norm at Monetary Policy Statement.
Biel MTO in July 2022.
Page 400 of 424
The nowcast GDP growth is based on partial To provide mutual recognition of e-IDs of both
data available for April 2023. countries and to expand digital transactions.
The nowcast GDP growth is based on Japan and India aim to promote digital
assuming an implied GDP growth of 5.1% for cooperation by creating interoperability
Q4 (January-March) FY23. through real-time funds transfer systems to
The Index of supply chain pressure for India facilitate digital payments.
(ISPI) remained at levels below the historical Mr. Kono stated that UPI is a very convenient
average since July 2022. system of payment, where we can increase
GDP growth in the first quarter of FY24 will be the interoperability of our payment system
driven by private consumption. between Japan and India, or other countries
It will be supported by a revival in rural like Singapore, and Thailan d.
demand. Apart from Singapore, Thailand, and United
Domestic service sector activity will be led by Arab Emirates (UAE), other countries that
the rebound in contact-intensive services. have shown interest in UPI include Bahrain,
It will be led by resilience in construction Mauritius,and Indonesia.
activity.
163. Recently (May 2023), India made a
162. Kono Taro, Japan's minister of funding requestof approximately $55 millionto
information and communications technology, the Pandemic Fundin its first call in May 2023.
stated his country's significant interest in The Pandemic Fund was created by which
joining with which country’s UPI, citing their international organization?
ongoing digital collaboration? (a) New Development Bank
(a) Germany (b) Asian Infrastructure Investment Bank
(b) India (c) Asian Development Bank
(c) Italy (d) World Health Organization
(d) France (e) World Bank
(e) Spain Answer: E
Answer: B India made a funding request of approximately
Japan's Digital Minister Kono Taro has $55 million to the World Bank’s Pandemic
expressed keen interest in joining India's Fund in its first call in May 2023.
Unified Payments System (UPI), referri ng to The Pandemic Fund was created in the
the ongoing digital cooperation between the aftermath of the Covid-19 pandemic by the
two countries. World Bank to strengthen pandemic
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prevention, preparedness, and response (b) Six

capacities in low- and middle-income (c) Five
countries. (d) Three
India has requested funding from the World (e) Four
Bank’s Pandemic Fund to combat pandemics Answer: D
in both humans and animals. Ireland is set to become the first country to
Most zoonotic (animal-to-human and human- introduce mandatory health warnings on
to-animal) diseases have been found to have alcohol products.
their origins in animals, according to scientists. The new regulation has been signed by Health
The fund's website states that its governing Minister Stephen Donnelly and will take effect
board approved $300 million for the first in three years (May 22, 2026).
tranche of funding to assist developing nations However, the labels will not be mandatory until
in better preparing for upcoming global May 2026.
pandemics. To raise awareness about the potential health
The United States and the European Union risks associated with alcohol consumption.
have pledged significant contributions, with Ireland will introduce mandatory health
total commitments exceeding $1.6 billion. labeling of alcoholic beverages, with warnings
To enhance global pandemic prevention, regarding the risk of cancer, liver disease, and
preparedness, and response capabilities drinking while pregnant.
among donor governments, recipient The introduction of health warnings on alcohol
countries, foundations, and civil society bottles and cans will serve as a powerful tool
organizations, this fund was established in for public health promotion and education .
September 2022. It will also alert consumers to calorie and
The World Bank serves as the trustee of the alcohol content.
Pandemic Fund and hosts its Secretariat, It will provide concise information about the
which includes technical staff from the World health hazards linked to excessive alcohol
Health Organization (WHO). consumption, encouraging individuals to make
informed decisions.
164. As per the news on May 2023, Ireland South Africa enacted a law requiring stringent
will be the first nation to require health alcohol warning labels in 2017 but repealed it
warnings on alcohol products when the new in 2020.
law goes into force in how many years?
(a) Ten
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Other countries also have warnings on alcohol 166. Recently (May 2023), As per the Hanke’s
products, but Ireland's regulations aim to be Annual Misery Index (HAMI) 2022, which
more comprehensive. country is spotted in the first place as the
world's most miserable country ?
165. Monpa is the Handmade Paper of which (a) India
state and it was revived with the committed (b) Nigeria
efforts of the Khadi and Village Industries (c) Thailand
Commission (KVIC) recently (May 2023)? (d) Russia
(a) Odisha (e) Zimbabwe
(b) Manipur Answer: E
(c) Haryana The Hanke’s Annual Misery Index (HAMI)
(d) Arunachal Pradesh 2022 list of the world's most miserable
(e) Nagaland countries is out.
Answer: D As per the index, Zimbabwe has topped the
The Khadi and Village Industries Commission list of the world's most miserable countries .
(KVIC) played an important role in conserving The index was formed after analyzing 157
and reviving the Handmade Paper-making art countries and the misery index is the sum of
of Tawang, Arunachal Pradesh. the year-end unemployment, inflation, and
The Monpa Handmade Paper of Arunachal bank-lending rates, minus the annual
Pradesh has been revived with the committed percentage change in real GDP per capita.
efforts of the KVIC. Apart from Zimbabwe, other countries like
The Monpa Handmade Paper-making art Venezuela, Syria, Lebanon, and Sudan took
originated over 1000 years ago and gradually the top 5 spots in the list of the World's most
became an integral part of the local customs miserable counties in 2022.
and cultures in Tawangin Arunachal Pradesh. Apart from Syria, the major contributing factor
This handmade paper was the source of living to the misery of the top 5 countries is inflation
for the local people of Tawang. while Syria was impacted by unemployment.
This handmade paper has almost disappeared As per the list, India ranked at number 103
in the last 100 years. with unemployment as the major contributing
KVIC implemented its revival plan and this factor.
paper has become functional since 2020. It is important to note that World's happiest
country Finland ranked 109 in the world's most
Page 403 of 424

miserable countries list, again with Bonds on the Paytm Money app present
unemployment as the most contributing factor. investors with all relevant information in one
Pakistan which is currently grappling with place and convert everything to yield so that
economic and political crisis ranked at number investors can analyze and understand the
35 in the world's most miserable countries list, returns they can earn
with inflation as the most contributing factor. The bonds platform on the Paytm Money app
Of all the 157 countries analysed, Switzerland provides investors with comprehensive
ranked at number 157 making it the least information, converting it into yield to help
miserable of all the countries. them analyze and understand potential
Other countries which are the least miserable returns.
are Kuwait (156), Ireland (155), Japan (154), The bonds can be sold on the market at any
and Malaysia (153). time without any premature penalties or lock-
ins, allowing investors to manage their
167. Recently (May 2023), Paytm Money investments flexibly.
launched a bonds platform for retail investors As a Securities and Exchange Board of India
to invest in government bonds, corporate (SEBI)-registered broker, Paytm Money stated
bonds, and tax-free bonds, all in one place . that it is leveraging the existing regulatory
Paytm was owned by which of the following framework to innovate and bring a secure and
company? transparent bond product to India .
(a) Tele Me Communications
(b) One97 Communications Limited 168. The "Shiksha Puraskar" and the
(c) Speed Hex Communications "HinditarBhashi Hindi LekhakPuraskar" was
(d) Cox Communications discontinued by which ministry recently (May
(e) Tele Biz Hub Communications 2023)?
Answer: B (a) Union Minister of Information &
Paytm Money subsidiary of One97 Broadcasting
Communications Limited (OCL) which owns (b) Union Minister of Health & Family welfare
the brand Paytm, has launched a bonds (c) Union Minister of Home Affairs
platform for retail investors in Ind ia. (d) Union Minister of Education
The platform enables investors to invest in (e) Union Minister of Communications
government bonds, corporate bonds, and tax- Answer: D
free bonds, all in one place .
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The Union Education Ministry has decided to Shri Ashwini Vaishnaw, Minister of Railways
discontinue ‘Shiksha Puraskar’ and the virtually flagged off locomotives to Bangladesh
‘HinditarBhashi Hindi LekhakPuraskar’ . in a handing-over ceremony held on 23rd May
‘Shiksha Puraskar’ was launched by the 2023 at Rail Bhavan, New Delhi.
Central Government in 1992 to encourage From the Bangladesh side, the Minister of
original writings in Hindi. Railway, Md. Nurul Islam Sujan joined in
Five awards worth Rs 1 lakh are given every virtually.
year under the ‘Shiksha Puraskar’. Shri Ashwini Vaishnaw said that as of now,
Writers from any part of India or publishers on five Broad Gauge connectivity are operational
their behalf may submit their books for this between India and Bangladesh.
award. They are Geda- Darsana, Benapol- Petrapol,
Books originally written in Hindi by Hindi and Singhabad- Rohanpur, Radhikapur- Birol and
non-Hindi-speaking authors are considered for Haldibari-Chilahati.
this award. Work on two more cross-border rail
The ‘HinditarBhashi Hindi LekhakPuraskar’ connectivities (Akhaura-Agartala and
was started to promote writings in Hindi by Mahihasan-Shahbazpur) is likely to be
writers from non-Hindi-speaking areas. completed shortly.
19 awards of one lakh rupees every year are In June 2020, Indian Government provided 10
given under this award. Its main objective is to locomotives to Bangladesh as grants.
encourage Hindi writers from Hindi-speaking Presently three pairs of passenger trains
areas. between India and Bangladesh are running.
They are Kolkata-Dhaka Maitree Express,
169. Recently (May 2023), Bangladesh Kolkata-Khulna Bandhan Express, and New
received how many Broad Gauge (BG) Jalpaiguri- Dhaka Mitali Express.
locomotives from Indian Railways?
(a) 22 170. Which bank was fined 84.50 lakhs by RBI
(b) 18 recently (May 2023) for failing to follow some
(c) 15 regulations regarding the classification and
(d) 20 reporting of fraud?
(e) 25 (a) Central Bank of India
Answer: D (b) StateBank of India
Indian Railways handed over 20 Broad Gauge (c) UnionBank of India
(BG) locomotives to Bangladesh. (d) Axis Bank
Page 405 of 424
(e) Yes Bank Answer: E

Answer: A The Reserve Bank of India (RBI) has
The Reserve Bank of India (RBI) has imposed sanctioned the voluntary Scheme of
a penalty of ₹84.50 lakhs on the Central Bank Amalgamation of Maratha Sahakari Bank wi th
of India (the bank) for non -compliance with The Cosmos Co-operative Bank.
certain provisions of norms related to fraud All the branches of Maratha Sahakari Bank
classification and reporting. Ltd., Mumbai (Maharashtra) will function as
The RBI conducted a statutory inspection for branches of The Cosmos Co-operative Bank
supervisory evaluation of the bank concerning Limited, Pune (Maharashtra) with effect from
its financial position on March 31, 2021. May 29, 2023.
Examination of the reports revealed that the The merger with Cosmos Co-operative Bank
public sector lender had failed to report fraud is aimed at ensuring the stability and
to RBI certain accounts within 7 days of the continuity of services of Maratha Sahakari
decision of the Joint Lenders' Forum (JLF) to Bank.
declare the accounts as fraud. The RBI placed Maratha Sahakari Bank,
It had recovered SMS alert charges from its which was founded in 1946 and has 7
customers on a flat basis rather than on an branches in Mumbai, under Directions under
actual usage basis. Section 35 of the Banking Regulation Act,
The penalty is based on deficiencies in 1949, on August 31, 2016.
regulatory compliance and is not intended to The Scheme has been sanctioned in the
pronounce upon the validity of any transaction exercise of the powers conferred under Sub-
or agreement entered into by the bank with its Section (4) of Section 44A read with Section
customers. 56 of the Banking Regulation Act, 1949.
As of March-end 2022, The Cosmos Co-
171. The voluntary Scheme of Amalgamation operative Bank, which is a multi-state urban
of Maratha Sahakari Bank with which Co - co-operative bank with 140 branches in 7
operative Bank was approved by the Reserve states, had deposits and advances of ₹16,522
Bank of India recently (May 2023)? crore and ₹12,293 crores, respectively
(a) AnanthapurCooperative Bank
(b) Kalupur Cooperative Bank 172. Recently (May 2023), ₹13,191 crore is
(c) Janata Co-operative Bank the rise in the net profit of the which Insurance
(d) TJSB Co-operative Bank Company in India for the fourth quarter ended
(e) Cosmos Cooperative Bank March 2023?
Page 406 of 424
(a) General Insurance Corporation of India the initial public offering (IPO), the country's
(b) New India Assurance CompanyLimited biggest ever.
(c) United India Insurance CompanyLimited The government sold over 22.13 crore shares
(d) Life Insurance Corporation of India or a 3.5% stake in LIC through the IPO.
(e) Oriental Insurance CompanyLimited The price band of the issue was ₹902-949 a
Answer: D share.
Insurance behemoth Life Insurance
Corporation of India (LIC) posted a more than 173. The government recently (May 2023)
5-fold jump in consolidated net profit to increased the Gevra coal mine's yearly output
₹13,191 crore for the fourth quarter ended to 70 MT, making it the largest. Where is the
March 2023. Gevra project of South Eastern Coalfields Ltd
The insurer had earned a profit of Rs 2,409 located?
crore in the same quarter a year earlier. (a) Bihar
However, the total income of the insurer (b) Odisha
during the March quarter declined to (c) Assam
₹2,01,022 crore from ₹2,15,487 crore in the (d) Punjab
same period of the previous fiscal (e) Chhattisgarh
For the entire financial year 2022-23, LIC Answer: E
registered a multi-fold rise in net profit to Rs The government is scaling up the annual
35,997 crore from Rs 4,125 crore in the production of SECL's Gevra coal mine to 70
previous financial year. MT making it the largest.
The board of LIC has recommended a final Gevra project of South Eastern Coalfields Ltd
dividend of ₹3 per equity share with a face (SECL) in Chhattisgarh recently became the
value of ₹10 each for the year ended March first mine in the country to achieve 50 MT of
31, 2023. coal production.
The solvency ratio - which measures an Gevra mine is currently being expanded to
insurance company's cash flow in comparison achieve 70 MT of production, making it the
to the amount it owes as total life cover - largest coal-producing mine in Asia.
increased to 1.87% as of March 31, 2023, Coal secretary Amrit Lal Meena was on a two-
against 1.85% at the end of the preceding day visit to Chhattisgarh.
fiscal. Along with officials of South East Central
In 2022, the government raised ₹20,557 crore Railway (SECR) at SECL headquarters in
by diluting its 3.5% stake in the LIC through Bilaspur, Meena reviewed the rail projects of
Page 407 of 424
Chhattisgarh East Railway Limited (CERL) The face of the coin will have the Lion Capitol
and Chhattisgarh East West Railway Limited of Ashoka Pillar in the center with 'Satyameva
(CEWRL). Jayate' inscribed below it.
He inaugurated 'Chhal' rail siding in SECL, It will have 'Bharat' written in Devanagari script
Raigarh area, and also took stock of the on the left and 'India' in English on the right.
progress of two rail corridors being developed It will be made up of a quaternary alloy with 50
on a Special Purpose Vehicle (SPV) model in percent silver, 40 percent copper, 5 percent
the state. nickel, and 5 percent zinc.
Under PM Gati Shakti's national master plan, On the other side of the coin, there will be a
the infrastructure required for the picture of Parliament House, above which will
transportation of coal is being developed in be written 'Sansad Sankul' in Devanagari
the country and the new rail corridor will prove script and 'Parliament Complex' in English
to be a milestone in this regard. below.
This coin is not legal tender, it will be a
174. How many rupees will the government commemorative coin.
issue as a special commemorative coin to The Reserve Bank of India (RBI) is
honor the opening of the new Parliament responsible for the circulation of coins in India.
building in May 2023? Under the Coinage Act, of 1906, the central
(a) Rs 65 coin government has the power of designing and
(b) Rs 55 coin minting coins.
(c) Rs 75 coin
(d) Rs 60 coin 175. In May 2023, to encourage digital
(e) Rs 50 coin transactions in 50000 Gram Pa nchayats as
Answer: C part of Amrit Mahotsav in Lucknow, Shri Giriraj
The government will launch a special Singh initiated a campaign titled ‘_____’.
commemorative coin of Rs 75 to mark the (a) Samagrahacampaign
opening of the new Parliament building. (b) Sanga campaign
A special commemorative of Rs 75 coin will be (c) Saraswathcampaign
released on the occasion of the inauguration (d) Samarth campaign
of the new Parliament building . (e) Sangeetha campaign
Rs 75 coin will be circular with a diameter of Answer: D
44 millimeters. 'Samarth campaign' has been launched by
It will have 200 serrations. Shri Giriraj Singh to promote digital
Page 408 of 424
transactions in 50000 Gram Panchayats under March 2024 with the objective of boosting
Amrit Mahotsav in Lucknow. outbound shipments.
The Ministry of Rural Development is running Exporters get subsidies under the 'Interest
this campaign, which was started on 1st Equalisation Scheme for pre and post-
February 2023 and will continue till 15 August shipment Rupee Export Credit'.
2023. All disbursements made from April 1, 2023,
The major thrust of the Samarth campaign is shall be counted for an IEC for the current
to promote digital transactions in rural areas, financial year.
with a special focus on women. The interest equalisation rates under the
Shri Giriraj Singh said that the NPA of Self- scheme have been revised to 2% and 3% for
Help Groups (SHGs) which was 9.58% in exporters exporting under 410 HS lines and
2013, has come down to below 2% now. MSME manufacturer exporters exporting
under any HS lines respectively.
176. Recently (May 2023), what is the
revisedinterest equalisation rates under 177. Recently (May 2023), central government
the'Interest Equalisation Scheme for pre and has signed an agreement with six states to
post-shipment Rupee Export Credit'for MSME conduct Digital crop survey. Which of the
manufacturer exporters exporting under any following are among the six states ?
HS lines? (a) Assam
(a) 3% (b) Maharashtra
(b) 4% (c) Karnataka
(c) 1% (d) Himachal Pradesh
(d) 5% (e) Bihar
(e) 7% Answer: A
Answer: A Central government signed an agreement with
The government capped the amount of six states to conduct Digital crop survey.
interest subvention at Rs 10 crore per IEC The Central government signed an agreement
(import-export code) holder in one financial with Assam, Gujarat, Madhya Pradesh,
year. Odisha, Rajasthan and Uttar Pradesh to
In March 2022 the RBI extended the interest conduct the Digital crop survey .
equalisation scheme for pre and post- The agreement has been signed at a
shipment rupee credit for Micro, Small and workshop, which was organized by the Union
Medium Enterprises (MSME) exporters till agriculture ministry to discuss with state
Page 409 of 424
governments the implementation plan of the After Chhatrapati Shivaji Maharaj’s statue, the
Digital crop survey. bust of freedom fighter Vinayak Damodar
A manual for a web portal and a mobile Savarkar also known as Veer Savarkar will be
application for a Digital crop survey has been unveiled in the port Luis capital city Mauritius
also launched on this occasion. on May 28,2023 Savarkar’s birth anniversary.
Digital crop survey is part of the government's Maharashtra public works department (PWD)
Agristack or India Digital Ecosystem for minister Ravindra Chavan will attend the
Agriculture (IDEA). programme which will be graced by Prithviraj
Agristack and Krishi-Decision Support System Singh Rupan, President of Mauritius, and
(Krishi-DSS) will help in resolving issues and LeladeviDookun-Luchoomun, the Deputy
challenges in the agriculture sector. Prime Minister.
The digital crop survey will give a clear picture This is the second-consecutive function where
of crops being sown across the country during two icons of Maharashtra from different eras
different agriculture seasons. are being honoured by Mauritius.
The main aim of the project is to create one In April,2023 a 13-feet-tall statue of
verified source about the farmer and his/her Chhatrapati Shivaji Maharaj was unveiled by
crop-sown data. deputy CM Devendra Fadnavis on the
The digital survey system will use new premises of Maharashtra Bhavan.
technology like advanced analytics, GIS-GPS The latest function will mark the beginning of
technologies and artificial intelligence and ‘Veer Savarkar Global Summit’ with the aim to
machine learning. spread the work, literature and thoughts of the
freedom fighter.
178. Recently (May 2023), freedom fighter
Vinayak Damodar Savarkar’s statue will be 179. Recently (May 2023), which of the
unveiledin the Port Louis capital city Mauritius. following state in India has more GI tags?
He was born in which of the following state in (a) Himachal Pradesh
India? (b) Uttar Pradesh
(a) Karnataka (c) Tamil Nadu
(b) Madhya Pradesh (d) Karnataka
(c) Maharashtra (e) Andhra Pradesh
(d) Gujarat Answer: C
(e) Uttar Pradesh Kangra tea of Himachal Pradesh (HP) has
Answer: C become the second product after Basmati
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Rice of the country to get registered with the rights (IPRs), has issued operational
European Union (EU) as a protected guidelines for financial assistance for
Geographical Indication (GI), paving the way undertaking the initiatives for the promotion of
for the sale of the product in European GIs.
countries.
Among the states with GI tags Tamil Nadu 180. Recently (May 2023), Rajasthan has
(TN) has the highest number o f GI tags in the made the decision to promote the usage of
country followed by Uttar Pradesh (UP). manufactured sand (M-Sand) as an
Tamil Nadu has 55 GI tagged goods while U.P inexpensive and easy alternative to river sand.
has 48 followed by Karnataka with 46. How much percentage of M-sand to be used
However U.P is first in terms of Handicrafts mandatorily in government constructions?
with 36 GI tags for craft category. (a) atleast20%
Kangra tea is a tea from the Kangra district in (b) atleast 25%
Himachal Pradesh (HP). (c) atleast 10%
Kangra tea was given the Geographical (d) atleast 5%
Indication status in 2005. (e) atleast 30%
The GI Tag is a status given to a product Answer: B
belonging exclusively to a particular area. The government of Rajasthan has made the
The quality, reputation and any other decision to promote the usage of
characteristics of that particular product is manufactured sand (M-Sand) as an
generally attributed to the geographical origin inexpensive and easy alternative to river sand.
of the product. Additional chief secretary (mines, petroleum
A GI, a kind of Intellectual Property Rights and MSME) Veenu Gupta stated that
(IPR), is primarily an agricultural, natural or investors would be encouraged to set up M-
manufactured product (handicraft and sand units in Rajasthan.
industrial goods) originating from a definite In its M-sand policy, the Rajasthan
geographical territory. government had made it mandatory to use at
The tag is valid for a period of 10 years after least 25% of it in government constructions.
which it is renewed. In January 2021, the state government had
The Department for Promotion of Industry and released the M-Sand Policy, 2020.
Internal Trade (DPIIT),an arm of the Under the policy, 36 units have been set up
commerce and industry ministry which deals and the annual production is around 12.5
with investments and intellectual property million tonnes.
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The objective of the policy is to generate The missile also is called Kheibar, after a
employment at the local level as well as to Jewish fortress conquered by the Muslims in
solve the problem of waste generated from the the 7th century in what is now Saudi Arabia.
mines. Kheibarshekan is an Iranian solid-fuel
The policy was announced in the budget for medium-range ballistic missile operated by the
2019-20. Islamic Revolutionary Guard Corps Aerospace
Under this M-Sand units have been given Force.
industry status and provisions have been The Kheibar missile, the latest version of the
made as per the requirements of the state. Khorramshahr which is Iran's longest-range
The benefits include investment subsidy in missile to date was unveiled alongside a
state goods and services tax, and replica of the Al-Aqsa mosquein east
concessions in electricity fees, land tax, and Jerusalem.
stamp duty. Kheibar, a liquid fuel missile able to carry a
1,500-kg (3,300-pound) warhead.
Its name references the ancient town of
181. Recently (May 2023), Iran's defence Khaybar located in modern-day Saudi Arabia
ministry unveiled the 4th generation of its known for a decisive 7th century battle in
Khorramshahr ballistic missile . Which of the which the army of Prophet Mohammed
following has developed the missile? defeated its thousands of Jewish residents.
(a) Defense Industries Organization The speed of the high-mobility tactical missile
(b) Defense Technology and Science "can reach Mach 16 outside the atmosphere
Research Center and Mach 8 inside the atmosphere".
(c) Aerospace Industries Organisation
(d) Missile Defense Agency 182. Recently (May 2023), which of the
(e) Aviation Industries Association following has unveiled a new generative
Answer: C Artificial Intelligence (AI)-driven multilingual
Iran's defence ministry unveiled the 4th chatbot called 'Jugal bandi', designed for
generation of its Khorramshahr ballistic farmers and other users living in rural India ?
missile, with a range of 2,000 kilometres (a) Google
(1,242 miles) and a capacity to carry (b) Microsoft
warheads weighing over a tonne. (c) HP
It was developed by the Aerospace Industries (d) Citi group
Organisation (AIO). (e) JPMorgan Chase
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Answer: B Indian Bank has been empanelled as a

Microsoft has unveiled a new generative Clearing and Settlement Bank with the Indian
Artificial Intelligence (AI)-driven multilingual Clearing Corporation Ltd (ICCL).
chatbot called 'Jugalbandi', designed for Mahesh Kumar Bajaj , Executive Director,
farmers and other users living in rural India. Indian Bank exchanged the agreement with
The chatbot is being developed in Devika Shah, Managing Director (MD) & Chief
collaboration with Microsoft Research and the Executive Officer (CEO) of ICCL to formalise
government-backed AI4Bharat - an open- Bank’s empanelment at a recently held event.
source language AI centre based at the Indian The public sector bank can now facilitate
Institute of Technology (IIT) Madras - and banking services to members of BSE (formerly
OpenNyAI. Bombay Stock Exchange) for clearing and
The main objective of the collaboration is to settlement operations.
break language barriers and provide The Indian Bank also launched the electronic
technology-driven solutions through the term deposit receipt (e-TDR) product for
Bhashini initiative. online transmission of fixed term receipts
Its main aim is to provide personalised (FDR) and margin with ICCL on behalf of the
assistance by understanding user queries in clearing members with its dedicated branch –
multiple languages. Fort, Mumbai, Maharashtra.
183. Recently (May 2023), Indian Bank has 184. Recently (May 2023), what is the market
been empanelled as a Clearing and share of Agriculture Insurance Company of
Settlement Bank with the Indian Clearing India (AIC)in the crop insurance market under
Corporation Ltd (ICCL). Which of the following Pradhan Mantri Fasal Bima Yojana (PMFBY)
members can now enjoy the banking services scheme?
of Indian Bank for clearing and settlement (a) 20%
operations? (b) 10%
(a) National Stock Exchange (c) 25%
(b) Calcutta Stock Exchange (d) 50%
(c) Bombay Stock Exchange (e) 70%
(d) India International Exchange Answer: D
(e) Madras Stock Exchange Agriculture Insurance Company of India (AIC)
Answer: C has announced its plans to introduce
insurance products for the livestock,
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aquaculture, and sericulture sectors, following LIC disclosed that its ownership in NHPC Ltd
the approval and licensing received from the has decreased from 522.6 million to 319.9
Insurance Regulatory and Development million shares.
Authority of India (IRDAI). This reduction means LIC's ownership has
AIC already has a 50% market share in the gone down from 5.203% in October to 3.19% ,
crop insurance market under Pradhan Mantri as reported by LIC in a regulatory filing.
Fasal Bima Yojana (PMFBY) scheme which is
run by the Centre and state governments. 186. Recently (May 2023), what is the project
In the PMFBY scheme, farmers are required cost of the Mumbai Trans Harbour Link Road
to pay a portion of the premium, while the which is the longest sea link in India?
remaining amount is divided equally between (a) Rs 17,843 crore
the Central and State governments. (b) Rs 15,125 crore
For the Kharif season, farmers contribute (c) Rs 12,648 crore
2.5% of the premium, while during the rabi (d) Rs 13,128 crore
season, they pay only 1.5%. (e) Rs 18,734 crore
Answer: A
185. Recently (May 2023), according to the The Mumbai Trans Harbour Link Road , the
LIC’s official report, how much shares did LIC longest sea link in India , is nearing
sold between October 18, 2022 and May 23, completion, and will likely be open to the
2023? public by November 2023.
(a) ₹717.4 crore It starts from Sewri in Mumbai to Chirle in Navi
(b) ₹562.14 crore Mumbai.
(c) ₹832.8 crore The 22-km-long sea link is the longest in the
(d) ₹522.7 crore country and the tenth longest in the world.
(e) ₹814.2 crore The project cost is Rs 17,843 crore .
Answer: C The sea link passes through one of the
Life Insurance Corporation of India (LIC) cut busiest navigational channels leading to
its holding in National Hydroelectric Power Nhava Sheva Port.
Corporation (NHPC) to 3.19% in the March Orthotropic Steel Decks are special steel
quarter from 3.48% in the preceding quarter. decks that enable a span (distance between
LIC stated in its official report that it sold two piers) that is up to three times longer than
shares worth ₹832.8 crore between October the norm.
18, 2022 and May 23, 2023.
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This is the first time this technology was used Central Vista, which is the central
in India. This is used for laying the pile administrative area of the Indian Government
foundation. located near the Raisana Hills, New Delhi.
MMRDA plans to use High Containment The idea of a new parliament house stemmed
Crash Barriers on the MTHL. from the fear of stability of the existing
These are special crash barriers that will push Parliament building which is around 100 years
the car back on the road in case of a crash. old.
Normal crash barriers only take the impact of The old parliament house was inaugurated on
a crash. January 1927 by Edwin Lutyens and Herbert
Baker.
187. Recently (May 2023), who is the chief The new Parliament, constructed on the lines
architect of the new Parliament building in of the Central Vista buildings, is a triangular
Delhi? structure.
(a) B. V. Doshi It is built over an area of 64,500 square
(b) Brinda Somaya metres.
(c) Hafeez Sorab It houses the Lok Sabha, the Rajya Sabha,
(d) Bimal Patel the Central Lounge and offices of
(e) Rahul Mehrotra constitutional authorities.
Answer: D The Lok Sabha, based on the theme of the
Prime Minister Narendra Modi will inaugurate national bird 'peacock', will have a capacity of
the new Parliament building in Delhi . 888 seats.
The inauguration will include a grand puja, The revamped Rajya Sabha hall, based on the
installation of the Sengol, screening of two theme of our national flower 'lotus', will have
short films and release of a commemorative the capacity to seat 384 people .
coin and stamp. Bimal Patel is the chief archi tect of the
Twenty opposition parties recently issued a building.
joint statement announcing a boycott of the Tata Projects Limited is the contractor for the
inauguration of India’s new Parliament construction of the new parliament building.
building. The total cost of the construction is ₹862
The New Parliament House is the new crores
building that will house the Parliament of India. A historical sceptre called “Sengol” would be
It is a part of the Central Vista Redevelopment placed at an important spot in the new
Project which is undertaken to revamp the parliament building.
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Sengol holds historical importance in the The announcement of setting up a new

legacy of the Indian Parliament. It was first consulate in Bengaluru has been announced
given to the first Prime Minister of India, after PM Shri Narendra Modi stated that India
Jawaharlal Nehru when he took charge of the will open a consulate in Brisbane.
nation after Independence. Albanese stated that the opening of the new
It will have large committee rooms, with the diplomatic mission in Bengaluru will help in
latest audio-visual systems. connecting India's businesses to the fast-
There will be 92 rooms for the use of the growing digital and innovation ecosystem.
Council of Ministers. In May,2023 the opening of the Consulate
The new Parliament complex is also ‘divyang- General in Bengaluru will be the fifth (5th)
friendly’. diplomatic mission in India.
With a focus on energy efficiency, the new The others are in New Delhi (Delhi), Mumbai
complex is a “platinum-rated green building” (Maharashtra), Chennai (Tamil Nadu) and
and showcases India’s “commitment towards Kolkata (West Bengal).
sustainable development. Currently, India has 3 consulates in Sydney,
It will feature rainwater harvesting and water Melbourne and Perth.
recycling systems. Brisbane currently has an Honorary Consulate
of India.
188. Recently (May 2023), where Also, both the leaders exchanged
willAustraliaopen its fifth consulate in India as Memorandum of Understandings (MoUs) on
part of the efforts of the two countries to the Mobility, Migration and Green Hydrogen
enhance bilateral ties? Task Force.
(a) Mumbai
(b) New Delhi 189. Recently (May 2023), which of the
(c) Chennai following state government has unveiled the
(d) Kolkata new scheme named MukhyamantriSeekho -
(e) Bengaluru Kamao Yojana (CM Learn and Earn Scheme)
Answer: E for unemployed youth?
Australian Prime Minister (PM) Mr.Anthony (a) Madhya Pradesh
Albanese announced that Australia will now (b) Maharashtra
open a new Consul -General in Bengaluru, (c) Uttar Pradesh
Karnataka in May, 2023 as part of the efforts (d) Bihar
of the two countries to enhance bilateral ties. (e) Karnataka
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Answer: A The Empowered Committee constituted under

The Government of Madhya Pradesh (MP) the chairmanship of the Chief Secretary will
has unveiled the new scheme named operate the scheme.
MukhyamantriSeekho-Kamao Yojana (CM Additional Chief Secretary/Principal Secretary
Learn and Earn Scheme) for unemployed of Skill Development and Employment
youth. Department will be the member secretary of
After registration of the youth in the scheme, the committee.
they will get a stipend of Rs 8,000 to 10,000 Additional Chief Secretary/Principal Secretary
per month, as financial assistance during the of Finance, Industrial Policy and Investment
period of skill learning in various Promotion, Micro-Small and Medium
establishments. Enterprises, Labour, Higher Education and
The scheme has been implemented in MP by Technical Education Departments will be
providing on-the-job training facilities and at members of the committee.
least one lakh youth will be provided training
in various establishments. 190. Recently (May 2023), According to the
Under the scheme, trainees who have passed NITI Aayog’s annual ‘State Health Index’ (5th
class 12th will be given a stipend of Rs 8,000, edition) for the Covid year of 2020 -21, which
ITI passed Rs 8,500, diploma passed Rs of the following state has emerged as the top
9,000 and graduates or those with higher performers among the ‘larger states’?
educational qualification will get Rs 10,000 per (a) Kerala, Tamil Nadu and Telangana
month. (b) Madhya Pradesh, Uttar Pradesh and
75% of stipend will be paid by Direct Benefit Karnataka
Transfer (DBT) to the trainee on behalf of the (c) Andhra Pradesh, Tamil Nadu and Gujarat
state government. (d) Maharashtra, Rajasthan and Bihar
The concerned establishment will have to (e) Madhya Pradesh, Andhra Pradesh
deposit 25% of the prescribed minimum andMaharashtra
stipend in the bank account of the trainee. Answer: A
After the training, the State Council for According to the NITI Aayog’s annual ‘State
Vocational Training (SCVT) certificate will be Health Index’ (5th edition) for the Covid year
given by the Madhya Pradesh State Skill of 2020-21, the three southern states of
Development and Employment Generation Kerala, Tamil Nadu and Telangana emerged
Board (MPSSDEGB). as the top performers among the ‘larger
states’.
Page 417 of 424
The NITI Aayog is learnt to have shared the Worst performer: Bihar, UP and MP occupy
report – the Healthy States Progressive India the bottom three positions, ranking 19th, 18th,
Report on the Ranks of States and Union and 17th, respectively.
Territories - with the Health Ministry. Incremental performance from 2019-20 to
It was launched by the NITI Aayog in 2017 to 2020-21: Rajasthan, Uttarakhand, and Odisha
measure the performance of states and UTs have emerged as the top three performers
on a weighted composite score incorporating among the larger states.
24 health performance indicators clubbed In the category of smaller states : Tripura has
under three domains. demonstrated the best overall performance,
The Aayog brings out the index (annually) in followed by Sikkim and Goa.
collaboration with the Union Health Ministry On the other hand, Arunachal Pradesh,
and World Bank. Nagaland and Manipur occupy the bottom
The objective of this index is to not just look at three positions.
the states’ historical performance but also Among the UTs: Lakshadweep has secured
their incremental performance. the top position in terms of overall
The index encourages healthy competition performance, while Delhi has been placed at
and cross-learning among States and UTs the bottom.
and nudges states/UTs towards building
robust health systems and improving service 191. Recently (May 2023), how much loan
delivery through their policymaking and does the Asian Development Bank (ADB) and
resource allocation. the Government of India (GoI) signed to
As a result, the MoHFW had linked the index support the development of high -quality
to incentives under the National Health internal infrastructure in Andhra Pradesh ?
Mission. (a) USD 121.57 million
The ‘Health outcomes’ include indicators like (b) USD 141.12 million
neonatal mortality rate, total fertility rate, sex (c) USD 171.23 million
ratio at birth, immunisation coverage, (d) USD 214.32 million
proportion of institutional deliveries, etc. (e) USD 254.31 million
Top performers: Kerala, Tamil Nadu, and Answer: B
Telangana have secured the top three Asian Development Bank (ADB) and the
positions in terms. Government of India (GoI) signed a USD
141.12-million loan to support the
Page 418 of 424

development of high-quality internal Internal infrastructure in the proposed clusters

infrastructure in Andhra Pradesh (AP). will include internal roads, storm water drains,
To support the development of essential water supply systems, and electric power
infrastructure, such as roads, water supply distribution systems.
systems and power distribution networks, in In Srikalahasthi-Chittoor node, the project will
three industrial clusters located in Andhra help develop the start-up area of the 938-ha
Pradesh. Chittoor–South industrial cluster, and improve
This financing is the second tranche of the a 9.5-km access road to the Chittoor-South
USD 500 million multi-tranche financing facility industrial cluster and an 8.7-km access road
(MFF) for the programme approved by ADB in to the Naidupeta industrial cluster.
2016 to build infrastructure in three industrial
clusters in the Visakhapatnam and 192. Recently (May 2023), which of the
Srikalahasthi -Chittoor nodes in AP. following state has gained first place in fish
ADB also approved a $250 million loan as part landings?
of the MFF to support the government's (a) Kerala
National Industrial Corridor Development (b) Tamil Nadu
Program (NICDP) through October 2021. (c) Karnataka
The ADB financing through adopting a multi- (d) Gujarat
sectoral approach will help the state in (e) Maharashtra
promoting industrialization to increase the Answer: B
share of manufacturing in the state’s gross India’s marine fish landing in 2022 registered
domestic product, build competitiveness and a 15 per cent increase at 3.49 million
create jobs in the project target areas. tonnescompared to the figure in 2021.
The financing will help strengthen industrial An increase of 28 per cent was reported in
infrastructure in Visakhapatnam node with the 2022 compared to the pandemic year in 2020.
development of internal infrastructure in the Tamil Nadu regained the first place in fish
start-up area of the 160-hectare (ha) landings with 7.22 lakh tonnes accounting for
Rambilliand 441-ha Nakkapalli industrial 21 per cent, followed by Karnataka (6.95 lakh
clusters, widening of 13.8-kilometer (km) of tonnes) and Kerala (6.87 lakh tonnes).
the Atchuthapuram–Anakapalli road and Gujarat, occupying the top two slots in
improvement of 4.4-km access road to the previous years, was the fourth (5.03 lakh
Nakkapalli cluster. tonnes) in fish landings, recording a nearly 13
per cent drop compared to the 2021 landings
Page 419 of 424
due to lower fishing efforts and trade-related The data released by the Federal Statistical
issues. Office shows Germany's gross domestic
Marine fish resources with topmost landings in product (GDP), declined by 0.3% in the period
2022 were Indian mackerel, with a contribution from January to March, 2023.
of 3.28 lakh tonnes; Oil sardine with 2.51 lakh This follows a drop of 0.5% in Europe's
tonnes; Ribbon fishes, 2.27 lakh tonnes; biggest economy during the last quarter of
Cephalopods, 2.06 lakh tonnes and Threadfin 2022.
breams, 1.99 lakh tonnes. The inflation rate of Germany is more than
The Central Marine Fisheries Research Europe’s average but below that of the UK's
Institute has been tasked with scientific data 8.7%.
collection and estimation of marine fish Household consumption and Government
landings to monitor the stock health of the spending also decreased significantly.
country’s diverse marine fishery resources Public spending has declined by 1.2% in the
and aid the planners to take an informed look first 3 months due to high inflation.
at the harvest pattern Declined purchasing power, aggressive
monetary policy tightening and the slowdown
193. According to the data released by the of the US economy have weakened economic
Federal Statistical Office, what is the activities.
decreased percentage of Germany's gross The European Central Bank (ECB) has raised
domestic product (GDP) in the period from its interest rate by 375 basis points since July.
January to March, 2023?
(a) 0.1% 194. Recently (May 2023), in which of the
(b) 0.3% following state theUnion Home Minister and
(c) 0.5% Minister of Cooperation, Shri Amit Shah laid
(d) 0.7% the foundation stone for National Forensic
(e) 0.2% Science University (NFSU)?
Answer: B (a) Haryana
World’s fourth-largest economy and Europe’s (b) Assam
largest, Germany, has entered into recession (c) Gujarat
after the country’s Gross Domestic Product (d) Manipur
(GDP) recorded its second quarterly (e) Madhya Pradesh
contraction. Answer: B
Page 420 of 424

Union Home Minister and Minister of 195. Recently (May 2023), to promote
Cooperation, Shri Amit Shah laid the sustainable agriculture, agritech firm Arya.ag
foundation stone of Guwahati campus of has joined forces with which of the following in
National Forensic Science University (NFSU) a strategic collaboration?
in Assam. (a) Tata chemicals
This will be the world's 11th campus and the (b) Bayer CropScience
country's 10th campus has been established (c) Pidilite Industries
in Guwahati. (d) UPL Limited
A book written by Dr. J.M Vyas on the use of (e) Aarti Industries Limited
forensic science in judiciary was also Answer: B
released. Agritech firm Arya.ag has joined forces with
The Assam Government has given 50 acres of Bayer CropScience in a strategic collaboration
land for this Forensic Science University and aimed at promoting sustainable agriculture.
the Government under the leadership of PM The partnership aims to scale up a
Shri Narendra Modi, will provide about Rs 500 sustainable crop production model that
crore on this NFSU for graduation and post optimizes resource utilization and delivers
graduation of 3,500 students. definable and economic benefits to all
The project's first phase was supposed to be farmers.
finished by 2026, and the second by 2030. The collaboration marks a significant
More than 50 undergraduate, graduate, PhD, milestone for both companies, and under the
and post-doctoral programmes in forensic MoU, Arya.ag and Bayer CropScience will
science, wildlife forensics, cyber security, work together on several projects to achieve
narcotics, digital forensics, drone forensics, their sustainability goals.
forensic psychology, and forensic justice and Arya is India's leading Agritech which has
law will be offered at the campus, which will been working at the farmgate to strengthen
be built at an estimated cost of Rs 300 crore. agriculture value chains through its integrated
Along with this, he also launched the web range of services.
portal 'Assam Police Seva Setu ' to make the
services of the Assam Police more accessible 196. Recently (May 2023), from where did the
and transparent for the people. South Korea launched its Next Generation
Small Satellite-2 (NEXTSAT-2)?
(a) Goheung
(b) Sohae
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(c) Anhueng (d) Katla volcano

(d) Gan Island (e) Beerenberg volcano
(e) Nouadhibou Answer: C
Answer: A Mount Etna, Europe’s most active volcano ,
South Korea successfully launched Next was erupting, spewing ash on Catania,
Generation Small Satellite-2 (NEXTSAT-2), eastern Sicily’s largest city, and forcing a
the first commercial -grade satellite aboard suspension of flights at that city’s airport.
Korean Satellite Launch Vehicle Two (KSLV - Italy’s National Institute of Geophysics and
II), nicknamed "Nuri,"rocket lifted off from the Volcanology, or INGV, which closely monitors
Naro Space Centerin Goheung, South Korea. Etna with instrumentation on the slopes, noted
The domestically built three-stage Nuri rocket that cloud cover on a rainy day was impeding
lifted off from a launch facility on a southern views of the eruption.
island with a payload of 8 satellites, including In early 2021, an eruption of the volcano
a main commercial-grade satellite whose lasted several weeks.
mission is to verify radar imaging technology
and observe cosmic radiation in a near-Earth 198. Previously what is the penalty for false
orbit. statements/ omissions and it is now increased
The launch would mark the third test for the to ₹ 5 crores according to the Centre notified
country’s commercial-grade satellite. several provisions of the Competition
The South Korean launch will likely assist its (Amendment) Act 2023, which recently (May
efforts to develop a space-based surveillance 2023), received Presidential assent on April
system. 11?
The launch boosted South Korea’s hopes of (a) ₹ 1 crores
catching up with Asian neighbours such as (b) ₹ 3 crore
China, Japan and India in a regional space (c) ₹ 2 crore
race. (d) ₹ 0.5 crore
(e) ₹ 4 crore
197. Which of the following volcano in Europe Answer: A
was recently (May 2023) erupting and The Centre notified several provisions of the
spewing ashes? Competition (Amendment) Act 2023 , which
(a) Mount Vesuvius received Presidential assent on April 11.
(b) Mount Hekla However, the Centre has withheld the
(c) Mount Etna notification of the provisions of the amended
Page 422 of 424
law which empowered the fair trade regulator 199. Recently (May 2023), which of the
to impose hefty penalties on erring enterprises following is the only state in India where
for their anti -competitive conduct. Peace and Non-Violence Department exist?
This has provided immediate respite to global (a) Maharashtra
Big Techs including Google and Amazon who (b) Gujarat
are facing anti-trust cases against them. (c) Madhya Pradesh
The MCA has now specified May 18 as the (d) Rajasthan
date on which several notified provisions of (e) Karnataka
the amendment law will come into effect. Answer: D
The penalty for false statements/ omissions Rajasthan Chief Minister (CM) Shri Ashok
has been increased from ₹ 1 crore to 5 crores Gehlot virtually inaugurated ‘Jungle Safari’ at
to strengthen CCI’s power in ensuring Jaisamand Wildlife Sanctuary.
companies furnish true, full and adequate He also addressed the inaugural function of
disclosures in their submissions. the Peace and Non-violence Cell offices in all
Further, the process of filing appeals against districts.
CCI’s orders before the appellate tribunal has Peace and non-violence are the basis of
become more onerous as erring companies culture, harmony, and brotherhood.
will have to necessarily pay 25 percent of the Rajasthan is the only state where Peace and
penalty amount in order for the appeal to be Non-Violence Department exist.
admitted for hearing. Jaisamand Wildlife Sanctuary is located in the
However, some of the other major substantive Udaipur district of Rajasthan surrounding
provisions, such as, deal value threshold, Debar Lake.
settlement and commitment mechanism, The sanctuary harbours leopard, sloth bear,
leniency plus regime and penalty based on chinkara, wild boar, and a number of birds.
global turnover are yet to be made effective, It was declared a Wildlife Sanctuary in 1957.
as they require corresponding regulations to This sanctuary is located beside the man-
be issued by the CCI. made lake of the same name.
The MCA has also now notified the provision It covers a total area of 160 sq km.
requiring the CCI to engage with stakeholders
while drafting regulations, to ensure 200. Recently (May 2023),Department of
transparency. Animal Husbandry and Fisheries,
Chandigarhwon Skoch SILVER Award 2023.
When did SKOCH Award was established?
Page 423 of 424
(a) 2001 The main objective of this application is to

(b) 2005 provide facility to the animal parents to
(c) 2010 register their animals online for services like
(d) 2003 treatment, vaccination and artificial
(e) 2012 insemination.
Answer: D It also includes maintaining all records of
Skoch SILVER Award 2023 presented to veterinary hospitals and sub-centres like OPD,
Department of Animal Husbandry and stock books, daily drug expenditure, and
Fisheries, Chandigarh. artificial insemination.
This award has been given to this department SKOCH Award was established in 2003.
for e-governance in computerized medical It is the highest civilian honour of the country
records of cattle treatment by the department. presented by an independent organization.
This is the first project of its kind in the
country.
This web-based application software caters to
the veterinary department of five government
veterinary hospitals and nine animal
husbandry sub-centres in Chandigarh.
Page 424 of 424


CWJ Special Current Affairs MCQ's May 2023 PDF Index

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CWJ Special Current Affairs MCQ's May 2023 PDF Index

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CWJ Special Current Affairs MCQ’s PDF – May 2023

CWJ Special Current Affairs MCQ’s May 2023 PDF Index

CWJ Special Current Affairs MCQ’s May 1 s t Week 2

CWJ Special Current Affairs MCQ’s May 2 nd Week 97

CWJ Special Current Affairs MCQ’s May 3 r d Week 195

CWJ Special Current Affairs MCQ’s May 4 th Week 304

May 1 s t week Current Affairs MCQ

Loans, a Mumbai-based NBFC (Non-Banking (a) Nepal

(a) Singapore inaugural edition of the ASEAN-India Maritime

requirement of engineering stores for ships 20.International Labour Day is celebrated

Reserve Bank of India (RBI) came out with

(b) Tamil Nadu SAIL-Bokaro Steel Plant including SAIL’s

The 6th Edition of India - UK Joint Company (d) 2006

Assembly(UNGA) has declared May 3 as the region's vulnerability to climate change as

Portal, Ganga Districts Performance 63. Pension regulator Pension Fund

(b) Arunachal Pradesh energy. The meeting was jointly organized by

(e) IIT Roorkee intelligence, their digital ministers agreed on

for Transforming India (NITI Aayog) from 2016 Answer: E

September 1, 2020, and has more than three

(d) France multinational corporations (MNCs) and

older adults. which of the following companies (a) 1968

(d) Judiciary The fund invests across asset classes like

digitization, agriculture, women’s deducted during the COVID-19 pandemic.

(c)Pretoria (d) Knowledge Management in Financial

country for hassle-free payments amid (b) Yes Bank

104. In public-private-partnership (PPP) mode, be developed on non-Railway land or

Maharashtra State Road Transport There are a total of 12,318 members

112. Bengaluru-based Log9

Goa Chief Minister Pramod Sawant will

The government has settled ₹45,864 crore to (c) ICICI Bank

(d) Madhya Pradesh (e) Rs 28,564 crore

laureates of the 2023 UNESCO/Guillermo (d) Uttar Pradesh

(b) 141 Press freedom in India has gone from

Meeting of the Board of Governors of the (a) IDBI Bank

following Life Insurance Companyto offer life (a) 25

(d) LifeWealth Management Limited (GST) Sahay app, developed by Ahmedabad-

(e) 2006 It was launched in 2010 with focus on

realiseAatmaNirbhar Bharat by substituting establishments which are or were under the

On February 18, 2023, 12 cheetahs were services and consulting. Headquarters:

(a) Nawaz Sharif

(b) Nagaland Performance Index (LPI) report, 2023,

Union Minister Bhupender Yadav participated (c) Amalner, Maharashtra

Answer: E In 2022, 258 million people faced high levels

May 2 nd week C urrent Affairs MCQ

(d) 2017 The Associated Press won two Pulitzer

(c) Only (ii) (c) USA

Union Tourism Minister G Kishan Reddy Answer: C

11. In May 2023, how many financial (c) EnableCap

(d) 8 (b) National Highways & Infrastructure

Accenture has appointed Ajay Vij to the

securities, securitized debt instruments, and (b) England

was flagged off from Syama Prasad

(d) Mastercard as a logistics service provider across the

Committee, WHO had declared Covid-19 as (a) Microsoft

(c) Hashim Amla This card simplifies financial operations for

(ii) It is celebrated to honour Indian 2023. He belongs to which of the following

Page 125 of 424

Page 126 of 424

assessed the feasibility of using drones to Rajasthan. Which of the following

vehicle sales and increasing non -fossil

companies and heritage organisations and (e) Haryana

(b) IIT Madras (c) Space Science and Technology