2023 NOVEMBER 14-20, PART-1

1. Name the bank/organisation, along with Global Environment

Facility (GEF) has recently to introduce the Natural Capital
Fund (NCF), a concessional fund?
1) World Bank
2) International Monetary Fund
3) United Nations Development Programme
4) Asian Development Bank
5) Asian Infrastructure Investment Bank
 The Asian Development Bank (ADB) and the Global Environment Facility
(GEF) jointly introduced the Natural Capital Fund (NCF), a concessional
fund aimed at backing projects in ADB’s developing member countries
(49 Asian Countries+19 Other Region Countries).
 The GEF has committed a USD15 million investment to support the
NCF’s initiatives focused on improving food security and safeguarding
natural capital.
2. The Reserve Bank of India (RBI) has introduced stricter rules for
consumer lending, directing both banks and NBFCs to establish higher
capital buffers and implement board-approved policies to monitor
exposure limits in the consumer lending segment.
 This move follows concerns expressed by the RBI governor regarding
the rapid growth of consumer loans, prompting a cautionary approach
among lenders.
 RBI increased the risk weights on credit card exposures by 25% points
to 150% and 125% for banks and NBFCs, respectively.
 The new regulations will not be applicable to housing loans, education
loans, vehicle loans and loans secured by gold and gold jewellery.
 2023 NOVEMBER 14-20, PART-1

3. Who has been recently appointed as the Director, Managing

Director (MD) & Chief Executive Officer (CEO), and Key
Managerial Personnel of the Kotak Mahindra Bank, for 3
years?
1) Uday Shankar
2) Dipak Gupta
3) Ashok Vaswani
4) Prakash Apte
5) C. Jayaram
4. In November 2023, the Reserve Bank of India (RBI) approved
Hinduja Group entity IndusInd International Holdings Ltd (IIHL)
to acquire __________ (company).
1) Reliance Capital
2) Reliance Home Finance
3) Reliance Infrastructure
4) Reliance Power
5) Reliance Communications
 IIHL emerged as the highest bidder in the second round of the
auction, offering Rs 9,650 crore to take over Reliance Capital.
5. Wayanad district in Kerala has become the first district in the
country to complete Aadhaar enrolment of children below five
years.
 2023 NOVEMBER 14-20, PART-1

6. Which state government has recently signed a USD 200 million

project with the World Bank to increase power sector
reforms?
1) Uttarakhand
2) Himachal Pradesh
3) West Bengal
4) Odisha
5) Jharkhand
7. As of November 2023, the Reserve Bank of India’s (RBI) gold
reserves touched __________ metric tonnes in fiscal 2023, an
increase of nearly 5 per cent over fiscal 2022.
1) 598.15
2) 820.12
3) 692.49
4) 794.64
5) 839.45
 The Reserve Bank of India’s (RBI) gold reserves touched
794.64 metric tonnes in fiscal 2023, an increase of nearly
5 per cent over fiscal 2022, when it held 760.42 metric
tonnes of gold.
 Because, as part of the diversification process, the RBI has
been adding gold to its reserves, which is considered a
 2023 NOVEMBER 14-20, PART-1

safer, secure, and liquid asset, to safeguard its returns

amid global uncertainty and a rising inflation scenario.

8. Which company has recently appointed Mika, an AI-powered

humanoid robot, as its experimental Chief Executive Officer
(CEO)?
1) ParleAgro
2) Orient Beverage
3) Dictador
4) Kweichow Moutai
5) Pearl Drinks
 Dictador, a Polish beverage company, appointed Mika, an
AI-powered humanoid robot, as its experimental Chief
Executive Officer (CEO). This decision highlights a growing
trend in integrating artificial intelligence into leadership
roles.
 2023 NOVEMBER 14-20, PART-1

 Mika, described as a more sophisticated version of the

well-known AI robot Sophia, shared in a Reuters video
interview that she operates tirelessly, being “always on
24/7” and working seven days a week.
 Her responsibilities range from identifying potential
clients to selecting artists for designing bottles for the
rum producer.
9. Name the ministry that has recently launched ‘AAINA Dashboard for
Cities’ portal.
1) Ministry of Home Affairs
2) Ministry of Rural Development
3) Ministry of Housing and Urban Affairs
4) Ministry of Health and Family Welfare
5) Ministry of Science and Technology
 Ministry of Housing and Urban Affairs (MoHUA) launched ‘AAINA
Dashboard for Cities’ portal to create a database of the key
performance metrics of Urban Local Bodies (ULB).
 The dashboard will present the data submitted by the ULBs on the
basis of indicators across five thematic area namely:
o Political & Administrative Structure
o Finance
o Planning
o Citizen Centric Governance
o Delivery of Basic Services
 The primary objectives of the AAINA Dashboard are to help cities
to see how they are doing vis-à-vis other cities, Inspire cities by
 2023 NOVEMBER 14-20, PART-1

pointing to new possibilities and areas for improvement. Provide

cities with the opportunity to learn from and engage with front
running cities.
 The ULBs submit their data, including audited accounts, and self-
reported performance metrics by logging in to the dashboard’s
portal. The portal does not rank cities, but instead serves as a
tool for comparing similarly placed cities and promoting peer
learning among cities.

10. Name the country that has recently signed a contract with India to
supply and produce hand-held anti-aircraft missile Igla-S Man-Portable
Air Defence System (MANPADS)?
1) France
2) United States of America
3) Japan
4) Indonesia
5) Russia
 Igla-S is designed to counter low-flying aircraft and helicopters. It
has a range of 500 meters to 6000 meters and can go upto the
altitude ranging from 10meters to 3500 meters.
 2023 NOVEMBER 14-20, PART-1

 It works on “fire-and-forget” principle and it is exported by

Russian Defense Export agency Rosoboronexport.
11. Which organisation has recently signed a USD 400 million
policy-based loan agreement with the Indian government to
create high-quality urban infrastructure?
1) International Monetary Fund
2) Asian Development Bank
3) World Bank
4) United Nations Development Programme
5) Asian Infrastructure Investment Bank