2023-October 11-16

1. What is India's rank in the Global Hunger Index (GHI) 2023,

released in October 2023?
1) 101st 2) 107th 3) 120th 4) 111th 5) 125th
 The GHI score is based on a formula which combines 4
indicators that together capture the multidimensional nature
of hunger which includes
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 Undernourishment: It is the share of the population whose

caloric intake is insufficient.
 Child stunting: It is the share of children under the age of
five who have low height for their age, reflecting chronic
undernutrition.
 Child wasting: It is the share of children under the age of
five who have low weight for their height, reflecting acute
undernutrition.
 Child mortality: It is the share of children who pass away
before turning five, which partly reflects the fatal mix of poor
nutrition and unsafe environments.
 The GHI scores are on a 100-point scale, where 0 is the best
score (no hunger) and 100 is the worst (high level of
hunger).
 India ranks 111th out of the 125 countries with a score of
28.7 in Global Hunger Index (GHI) 2023. India slipped 4
positions as compared to previous GHI ranking. In 2022,
India ranked 107 out of 121 countries. In 2021, it was placed
at 101 out of 116 countries.
 In GHI 2023, 20 countries with 2023 GHI scores of less than
5 are not assigned individual ranks, they are collectively
ranked 1–20.
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 These 20 countries are: Belarus, Bosnia & Herzegovina,

Chile, China, Croatia, Estonia, Georgia, Hungary, Kuwait,
Latvia, Lithuania, Moldova, Montenegro, North Macedonia,
Romania, Serbia, Slovakia, Türkiye, United Arab
Emirates(UAE), and Uruguay
 Yemen, Madagascar, Central African Republic are the
bottom.
 As per the GHI Severity of Hunger Scale, the country’s score
in the range of 20.0 -- 34.9 indicates that it has a serious level
of hunger. So with a score of 28.7, India has a level of hunger
that is serious

 Neighboring countries, such as Pakistan (102nd),

Bangladesh (81st), Nepal (69th), and Sri Lanka (60th),
scored better than India.


2. Name the International Organization that has recently approved the

World’s 1st Green Bond Standards to avoid Greenwashing?
1) United Nations Environment Programme
 2023-October 11-16

2) United Nations Development Programme

3) United Nations Framework Convention on Climate Change
4) African Union
5) European Union
 Greenwashing is the process of conveying a false
impression or misleading information about how a
company’s products are environmentally sound.
Greenwashing involves making an unsubstantiated claim to
deceive consumers into believing that a company’s products
are environmentally friendly or have a greater positive
environmental impact than they actually do.
 Companies aiming to categories their bonds as “green” must
disclose detailed information regarding the use of bond
proceeds. Companies must allocate at least 85% of raised
funds to activities aligned with the EU’s sustainable
taxonomy.
 Europe has emerged as a global leader in the issuance of
green bonds, representing over 50% of the total volume in
2021, issuance is still only 3% to 3.5% of the overall bond
market.
3. Name the Payments Bank that has recently (in Oct ‘23) received a
monetary penalty of Rs 5.39 crore by the Reserve Bank of India
(RBI).
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1) Paytm Payments Bank 2) Jio Payments Bank 3) India

Post Payments Bank 4) Fino Payments Bank
5) Airtel Payment Bank
 the Reserve Bank of India (RBI) imposed a monetary penalty
of Rs 5.39 Crore on Paytm Payments Bank Limited (PPBL)
in exercise of its powers conferred under the provisions of
Section 47A(1)(c) read with Section 46(4)(i) of the Banking
Regulation (BR) Act, 1949.
4. Which Payments Bank has recently (in Oct ‘23) signed an
agreement with Small Industries Development Bank of India
(SIDBI) to extend financial & other support services to MSMEs
(Micro, Small & Medium Enterprises) in rural and remote areas?
1) Paytm Payments Bank 2) Jio Payments Bank 3) India
Post Payments Bank 4) Fino Payments Bank
5) Airtel Payment Bank
5. Name the bank that has recently (in Oct ‘23) launched ‘iFinance’
to get a consolidated view of customers' savings and current
accounts across banks in a single place.
1) ICICI Bank 2) Axis Bank 3) HDFC Bank 4) YES Bank
5) IndusInd Bank
6. In October 2023, some co-operative sector leaders and experts
formed the World Cooperative Economic Forum (WCEF) to
provide voice to over three million co-operatives spread over all
 2023-October 11-16

countries. ______________ , President of the National

Cooperative Union of India (NCUI), announced as one of the
founding members of WCEF. ( To be based in New Delhi)
1) Deepak Jain 2) Dileep Bhai Sanghani 3) Ajay Sharma
4) Atish Mathur 5) Praveen Kumar
7. Which bank has recently (in Oct ‘23) partnered with Social Worth
Technologies Private Limited (Fibe) to launch India’s first-ever
numberless credit card?
1) Axis Bank 2) YES Bank 3) HDFC Bank 4) ICICI Bank
5) IndusInd Bank
 The card does not have any card number, expiry date, or Card
Verification Value (CVV) printed on it.
 The cardholders can access their card details in Fibe mobile
application (App).
8. According to World Economic Outlook (WEO)-Navigating
Global Divergences‘released in October 2023, the International
Monetary Fund (IMF) has raised India’s Gross Domestic Product
(GDP) growth forecast to __________ for 2023.
1) 6.5% 2) 6.7% 3) 6.3% 4) 6.1% 5) 6.5%
 The IMF’s 2023 growth forecast for India is the same as the
World Bank’s (WB) projection in its India Development
Update (IDU) October 2023.
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 The Asian Development Bank has cut India's GDP growth

forecast to 6.3% in FY 2023–24, in its latest 'Asian
Development Outlook: September 2023'
 The Reserve Bank of India's (RBI) Monetary Policy Committee
(MPC) has kept its growth projection for India's GDP at 6.5%
for the 2023-24 fiscal
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1. Name the non-profit organisation that has recently (in Oct ‘23)
signed a new cooperation agreement with the International
Olympic Committee (IOC) & Olympic Museum to promote the
Olympic Values Education Programme (OVEP) in India.
1) Paani Foundation 2) Reliance Foundation 3) Smile
Foundation 4) Infosys Foundation 5) Akshaya Patra
Foundation
 Headquarters of the International Olympic Committee:
Lausanne, Switzerland
2. Name the Indian Institute of Technology (IIT) that has recently
(in Oct ‘23) signed an MoU with the Supreme Court to emerge
technologies for court proceedings.
1) IIT Delhi 2) IIT Madras 3) IIT Bombay 4) IIT Kanpur
5) IIT Hyderabad
3. Who has been recently (in Oct ‘23) awarded with the 2023
Nobel Economics Prize by the Royal Swedish Academy of
Sciences?
1) Douglas Diamond (United States of America)
2) Bengt Holmstro m (Finland)
3) Claudia Goldin (United States of America)
4) Philip H. Dybvig (United Kingdom)
5) David Card (Canada)
 2023-OCTOBER 11-16 PART-2

 She provided the first comprehensive account of women’s

earnings and labour market participation throughout
history.
 Her research not only reveals the causes of change but also
identifies the primary sources of the persistent gender
wage gap.
 She is the 3rd woman to receive the award after Elinor
Ostrom (USA) in 2009 and Esther Duflo (French-
American) in 2019. She is also the first woman to win
the prize solo.
 2023-OCTOBER 11-16 PART-2

4. Which of the following points is/are “correct” with respect to

the 360 One Wealth Hurun India Rich List 2023 released in
October 2023?
A) Mukesh Ambani, Chairman of Reliance Industries
limited(RIL) tops the 360 One Wealth Hurun India Rich List
2023 followed by Gautam Adani, Chairman of the Adani
Group.
B) Radha Vembu, product manager of Zoho, overtakes Falguni
Nayar of Nykaa to become the richest self-made Indian woman
with a net worth of Rs 36,000 crore.
C) Manish Kejriwal of Kedaara Capital becomes the first
Indian private equity fund manager on the list with Rs 3,000
crore net worth.
1) Only A 2) Only A & B 3) Only B & C 4) Only A & C
5) All A, B & C
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 A private equity fund (abbreviated as PE fund) is a

collective investment scheme used for making investments
in various equity (and to a lesser extent debt) securities
according to one of the investment strategies associated
with private equity.
 The cumulative wealth of 360 One Wealth Hurun India
Rich Listers grows to Rs 109 lakh crore, a rise of 8.5%
from 2022. It is more than the combined Gross
Domestic Product (GDP) of Singapore, United Arab
Emirates (UAE), and Saudi Arabia.
 There are 12 individuals with worth Rs 1 lakh crore or
more.
 The average age of the list is 63 while the average age of
women in the list is 62.
 With 133 entrepreneurs, the pharmaceutical sector
contributed the most individuals to India Rich List 2023.
 With 328 individuals, Mumbai, Maharashtra tops 360
One Wealth Hurun India Rich List 2023, followed by New
Delhi, Delhi (199) and Bengaluru, Karnataka (100).
 The youngest on the list is 20-year-old Zepto Founder
Kaivalya Vohra.
 At the age of 94, Mahendra Ratilal Mehta, founder of
Precision Wires India Company, debuted on the 360 One
Wealth Hurun India Rich List 2023.
 2023-OCTOBER 11-16 PART-2

5. Which of the following countries does not share a border with

Israel?
1) Iraq 2) Syria 3) Jordan 4) Egypt 5) Lebanon
 Israel, officially the State of Israel, a country in the Middle
East bordering the eastern end of the Mediterranean Sea.
Israel borders Egypt, Jordan, Lebanon, Syria, and the
Palestinian territories of West Bank and the Gaza
Strip; it shares maritime borders with Cyprus.
 2023-OCTOBER 11-16 PART-2

6. According to the 19th Quarterly Bulletin (QB) of Periodic

Labour Force Survey (PLFS) for April-June 2023 (Q1FY24)
released by the National Statistical Office (NSO) in October
2023, India’s urban unemployment rate (UR) in Current Weekly
Status (CWS) terms for persons aged 15 years and above
declined to _________ during Q1FY24.
1) 6.3% 2) 6.6% 3) 6.9% 4) 6.7% 5) 6.2%
 The National Statistical Office (NSO), Ministry of
Statistics and Programme Implementation (MoSPI)
released its 19th Quarterly Bulletin (QB) of Periodic
Labour Force Survey (PLFS) for April-June 2023
(Q1FY24). As per it, India’s urban unemployment rate
(UR) in Current Weekly Status (CWS) terms for persons
aged 15 years and above declined to 6.6% during Q1FY24
from 6.8% during Q4FY23. It was 7.6% in April-June
2022 (Q1FY23).
 The UR for Q1FY24 is lower than the URs observed in
the quarters covered in the prepandemic period.
 National Sample Survey Office (NSSO) launched Periodic
Labour Force Survey (PLFS) in April 2017.
 In 2019, The NSSO merged with the Central Statistical
Office (CSO) to form the National Statistical Office
(NSO) to strengthen and streamline the processes and
bring in more synergy.
 2023-OCTOBER 11-16 PART-2

 Labour Force Participation Rate (LFPR): LFPR is defined

as the percentage of persons in labour force (i.e. working
or seeking or available for work) in the population.
 Unemployment Rate (UR): UR is defined as the
percentage of persons unemployed among the persons in
the labour force.
 Ministry of Statistics and Programme Implementation
(MoSPI) released the 6th Annual Report ‘Periodic
Labour Force Survey (PLFS) [July, 2022 – June, 2023]’
stating Unemployment rate (UR) at 6-year low of 3.2% in
2022-23 under the Usual Status (ps+ss). It was 6% in
2017-18.
 The UR in Current Weekly Status (CWS) decreased to
5.1% in 2022-23. It was 8.7% in 2017-18.
 In Usual Status (ps+ss), employment is determined on the
basis of the reference period of 365 days preceding the
date of the survey.
 PS stands for Principal activity status.
 SS stands for Subsidiary economic activity status.
 In Employment Status, it is determined on the basis of
a reference period of 7 days, which is known as the
Current Weekly Status (CWS) of the person.
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7. _____________ has become the first airport in Asia to

commission a “Disabled Aircraft Recovery Kit” (DARK).
1) Don Mueang International Airport (Bangkok, Thailand)
2) Kempegowda International Airport (Karnataka, India)
3) Chhatrapati Shivaji Maharaj International Airport
(Maharashtra, India)
4) Indira Gandhi International Airport (New Delhi, India)
5) Sardar Vallabhbhai Patel International Airport (Gujarat,
India)
 DARK can quickly and efficiently recover large
commercial and transport aircraft that have become
disabled due to runway excursions or other incidents.
 It can recover aircraft up to 390 tonnes in weight,
including the world’s largest aircraft, the Boeing 777-
300ER.
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8. Name the insurance company that has recently (in Oct ‘23)
introduced surrogacy cover and oocyte donor cover to its
women-centric policy.
1) Care Health Insurance 2) Star Health and Allied Insurance 3)
Aditya Birla Health Insurance 4) Niva Bupa Health Insurance
5) Manipal Cigna Health Insurance
 Oocyte donation has been made possible as a result of in-
vitro fertilization (IVF). Oocyte donation involves two
women: the donor and the woman who wishes to be
pregnant. The treatment provides an answer for infertile
women with ovarian problems, such as primary or
premature ovarian failure.

 Surrogacy is an arrangement, often supported by a legal

agreement, whereby a woman agrees to delivery/labour on
behalf of another couple or person, who will become the
child's parent(s) after birth. People may seek a surrogacy
arrangement when a couple do not wish to carry a
pregnancy themselves, when pregnancy is medically
impossible, when pregnancy risks are dangerous for the
 2023-OCTOBER 11-16 PART-2

intended mother, or when a single man or a male same sex

couple wish to have a child.

9. Hangzhou 2022 Asian Games (19th edition of Asian games)

 The 19th edition of the Asian Games marks India’s record
for the highest medal tally so far, surpassing the previous
record medal tally of 70, at the Jakarta Asian Games 2018.
India finished 4th in the medal tally of the Hangzhou Asian
Games 2022 with 107 medals (28 gold, 38 silver and 41
bronze).
 The People's Republic of China tops the medal tally with
383 medals (201 gold, 111 silver and 71 bronze) followed
by Japan with a total 188 medals ( 52 gold, 67 silver and
69 bronze).
 Nagpur’s (Maharashtra) Ojas Pravin Deotale won three
gold medals in Archery including men’s individual,
men’s compound team event along with Abhishek Verma
and Prathamesh Jawkar, mixed team event along with
 2023-OCTOBER 11-16 PART-2

Jyothi Surekha Vennam , He was the first Indian archer

to win three gold medals in the Asian Games so far.
 Neeraj Chopra(Haryana) won his second consecutive
gold medal in the men’s Javelin throw in the Asian games
with a best throw of 88.88 metres, while Annu Rani(UP)
from India won the gold medal in the women’s Javelin
throw with the best throw of 62.92m.
 India’s Kishore Kumar Jena (Odisha) won the silver
medal with the best throw of 87.54 metres in the men’s
Javelin throw.
 Parul Chaudhary won two medals including gold medal
in the women’s 5000m race and the silver medal in the
3000m women’s steeplechase.
 Avinash Sable was the first Indian to win the gold medal
in the 3000m men’s steeplechase event in any Asian
Games. Avinash also won the silver medal in the men’s
5000m race. Sable’s medal was India’s first in the men’s
5000m since Raj Kumar’s bronze medal in 1982.
10. Reserve Bank Governor Shaktikanta Das announced the
extension of the Payments Infrastructure Development Fund
(PIDF) Scheme by 2 years, until December 31, 2025.
 PIDF has been created to encourage deployment of Point
of Sale (PoS) infrastructure, both physical and digital,
in tier-3 to tier-6 centres and north eastern states.
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 It has a corpus of Rs. 500 crore in which the RBI has

made an initial contribution of Rs. 250 crore. The
remaining will come from the card-issuing banks and card
networks operating in the country.
11. As per the ‘Gas 2023 Medium-Term Market Report’
released by the International Energy Agency (IEA) in October
2023, India’s natural gas demand is expected to rise by
________ in 2023.
1) 2% 2) 4% 3) 6% 4) 5% 5) 3%
 The International Energy Agency (IEA
Headquarters: Paris, France) released its ‘Gas 2023
Medium-Term Market Report‘. As per it, India’s natural
gas demand is expected to rise by 4% in 2023 calendar
year and will continue to increase at an average annual rate
of about 8% till 2026.
12. Which of the following points is/are “correct” with respect
to the step made by the Reserve Bank of India (RBI) in October
2023?
A) RBI has decided to extend the Prompt Corrective Action
(PCA) Framework to all deposit taking government NBFCs
and non-deposit taking government NBFCs in middle, upper
and top Layers (excluding base layer) with effect from
October 1, 2024.
B) RBI under section 35A of the Banking Regulation Act, 1949,
has ordered Bank of Baroda to immediately suspend the
 2023-OCTOBER 11-16 PART-2

process of adding more customers to the ‘bob World’ mobile

application.
C) As per the RBI’s monetary policy report, the Personal loans
/Retail loans form the biggest component of bank credit at 32.1
percent of outstanding credit, as of March 2023.
1) All A, B & C 2) Only A & B 3) Only B & C
4) Only A & C 5) Only A
 Prompt Corrective Action (PCA), is a framework used by
RBI to assess the financial health and stability of banks.
 The primary goal of PCA guidelines is to ensure that
banks maintain sound financial conditions and take
corrective actions when their financial health deteriorates.
 PCA guidelines are an essential tool for preventing bank
failures and protecting the overall stability of the financial
system.
 Initially, the RBI introduced the PCA Framework for
scheduled commercial banks (SCBs) in December 2002.
This structured system was inspired by a similar
framework used by the US Federal Deposit Insurance
Corporation (FDIC) PCA framework.
 In 2021, the Reserve Bank of India (RBI) revised the
Prompt Corrective Action (PCA) Framework with a focus
on monitoring capital, asset quality, and leverage ratio,
for All Scheduled Commercial Banks(Excluding Small
 2023-OCTOBER 11-16 PART-2

Finance Banks, Payment Banks and Regional Rural

Banks)
 The Tier 1 leverage ratio measures a bank's core capital
relative to its total assets. The ratio looks specifically at
Tier 1 capital to judge how leveraged a bank is based on
its assets.
 Tier 1 capital refers to those assets that can be easily
liquidated if a bank needs capital in the event of a financial
crisis.
 On December 14, 2021, RBI extended the PCA
Framework for NBFCs
13. In October 2023, SBI Funds Management Limited
(SBIFML) received the Reserve Bank of India (RBI) ‘s approval
to acquire up to a 9.99% paid-up share capital in ___________
(Bank).
1) IDFC FIRST Bank 2) IndusInd Bank 3) Karnataka
Bank 4) RBL Bank 5) YES Bank
14. Which company has recently (in Oct ‘23) signed 2 MoU
with two France-based Space firms Promethee Earth
Intelligence and ConnectSAT to launch satellites on Vikram-I
Rocket?
1) Garuda Aerospace 2) Tata Elxsi 3) Agnikul Cosmos
4) Dhruva Space 5) Skyroot Aerospace
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15. Name the company that has recently (in Oct ‘23) launched
the first private suborbital European rocket ‘MIURA 1 SN1’.
1) Skyrora Space 2) Orbital Express 3) PLD Space
4) Astra Express 5) Isar Aerospace

16. Name the repatriation operation that has been recently (in
Oct ‘23) launched by the Ministry of External Affairs (MEA),
GoI to bring back Indian citizens from Israel amid the ongoing
2023 Israel–Hamas War.
1) Operation Bharat 2) Operation Ganga 3) Operation Ajay
4) Operation Kaveri 5) Operation Raahat
Operation Kaveri (2023): It is a rescue operation launched
by the GoI on April 24, 2023, in response to the crisis in
Sudan to evacuate Indian citizens who are stranded in Sudan.
 2023-OCTOBER 11-16 PART-2

Operation Dost (2023): i.It was launched to bring back

stranded Indian citizens following the massive earthquake
that hit Türkiye and Syria on February 6, 2023
Operation Ganga (2022): It is the initiative launched by the
GoI to bring back Indians stranded in Ukraine, following the
Russian invasion of Ukraine.
17. In which state, Union Minister Arjun Munda, Ministry of
Tribal Affairs(MoTA) has recently (in Oct ‘23) inaugurated
“Aadi Mahotsav” – the National Tribal Festival organised by
Tribal Cooperative Marketing Development Federation of India
Limited (TRIFED)?
1) Jharkhand 2) Sikkim 3) Arunachal Pradesh 4) Odisha
5) Assam