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1. Which of the following points is “Incorrect” with respect to the recent (in March ‘23)
contracts signed by the Ministry of Defence (MoD)?
A) The MoD has signed contracts for the acquisition of 11 Next Generation Offshore Patrol
Vessels (NG-OPV) and 6 Next Generation Missile Vessels (NGMV), equipment and BrahMos
supersonic missiles for coastal defence for the Indian Navy.
B)The Contract for acquisition of 11 NG-OPVs was signed with Goa Shipyard Limited (GSL) and
Garden Reach Shipbuilders and Engineers (GRSE) at a total cost of Rs 9,781 crore.
C) The Contract for acquisition of 6 NGMVs was signed with Mazagon Dock Shipbuilders
Limited at a cost of Rs 6,805 crore and delivery is scheduled to commence from March 2026.
1) Only A & B
2) Only B & C
3) Only A
4) Only B
5) Only C
Answer- 5) Only C
Explanation:
To boost ‘Aatmanirbharta’ in defence, the Ministry of Defence(MoD) signed multiple deals worth ~ Rs
32,000 crore for the Indian Armed forces- Indian Navy (IN) and Indian Army(IA).
• MoD has signed contracts for the acquisition of 11 Next Generation Offshore Patrol Vessels
(NG-OPV) and 6 Next Generation Missile Vessels (NGMV), equipment and BrahMos supersonic
missiles for coastal defence for the Indian Navy and improved Akash Surface to Air
missile(SAM) system and 12 Swathi Weapon Locating Radars (WLR) (Plains) for the Indian
Army.
i. Contract for acquisition of 11 NG-OPVs It was signed with Goa Shipyard Limited (GSL) and Garden
Reach Shipbuilders and Engineers (GRSE), Kolkata (West Bengal), at a total cost of Rs 9,781 crore. It
was signed under Buy {Indian-IDDM (Indigenously Designed, Developed and Manufactured)}
category.
ii. Contract for acquisition of 6 NGMVs: It was signed with Cochin Shipyard Limited (CSL) at a cost of
Rs 9,805 crore and delivery is scheduled to commence from March 2027.
iii. The contract for WLR Swathi (Plains) was signed with Bharat Electronics Limited (BEL) at a cost of
over Rs 990 crore.
iv. MoD has also signed a contract worth Rs 1700 crore with BrahMos Aerospace Private Limited
(BAPL) for procurement of Next Generation Maritime Mobile Coastal Batteries (NGMMCB) (Long
range) and BrahMos supersonic cruise missiles.
2. Which state’s Kangra Tea has recently (in March ‘23) received a European Union (EU)
Geographical Indication Tag (GI Tag)?
1) Arunachal Pradesh
2) Assam
3) Himachal Pradesh
3. Which of the following points is/are “correct” with respect to the recent (in March ‘23)
inaugurations by the Union Minister of Home Affairs, Amit Shah?
A) The Union Minister Amit Shah was on a visit to Uttarakhand to inaugurate development
works viz. Computerization of Multipurpose Primary Agricultural Credit Cooperative Societies
(MPACS) & Joint cooperative farming in 95 development blocks.
B) Home Minister Amit Shah unveiled the statues of Lord Basaveshwara and Nadaprabhu
Kempegowda at the State Assembly premises in Bengaluru, Karnataka.
C) Union Home Minister also inaugurated Sardar Vallabhbhai Patel Memorial and also
unfurled the 103 feet high tricolour at Gorata ground in Kheda, Gujarat
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C
5) All A, B & C
Answer- 2) Only A & B
Explanation:
The Union Minister Amit Shah, Ministry of Home Affairs (MHA) was on a visit to Uttarakhand (UK) to
inaugurate development works viz. Computerization of UK’s Multipurpose Primary Agricultural Credit
Cooperative Societies (MPACS), Joint cooperative farming, Jan Suvidha Kendras and Janaushadhi
Kendras in Haridwar, UK.
• He also launched the model of integrated collective cooperative farming in 95 development
blocks of the UK.
• Under the Cooperative Societies, Uttarakhand became the first state to initiate 95 Jan
Aushadhi Kendras and Jan Suvidha Kendras.
i. Home Minister Amit Shah unveiled the statues of Lord Basaveshwara and Nadaprabhu
Kempegowda at the State Assembly premises in Bengaluru, Karnataka.
• The Chief Minister (CM) of Karnataka Basavaraj Bommai along with other dignitaries was also
present.
ii. Union Home Minister also inaugurated Gorata Martyr Memorial and Sardar Vallabhbhai Patel
Memorial and also unfurled the 103 feet high tricolour at Gorata ground in Bidar, Karnataka
INTERNATIONAL AFFAIRS
5. Which country has recently (in March ‘23) removed from the list of High-Risk Third-Country
Jurisdictions by the European Commission of the European Union(EU)?
1) Pakistan
2) Mozambique
3) Iran
4) Tanzania
5) Israel
Answer- 1) Pakistan
6. Which of the following points is/are “correct” with respect to the Securities and Exchange
Board of India (SEBI) Board Meeting held in March 2023?
A) SEBI approved the legal framework for ‘ESG (Environmental, Social, and Governance)
Disclosures, Ratings, and Investing’ to encourage a balanced approach to ESG.
B) The Board has approved the proposal for the Application Supported by Blocked Amount
(ASBA)-like facility that will be made available to investors for secondary market trading.
C) The Board approved amendments to the SEBI (Alternative Investment Funds) Regulations,
2012, to establish the Corporate Debt Market Development Fund (CDMDF) as an Alternative
Investment Fund (AIF).
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C
5) All A, B & C
Answer- 5) All A, B & C
Explanation:
The Securities and Exchange Board of India (SEBI) took a number of decisions at its board meeting on
March 29, 2023, with the goal of protecting investors’ interests and bolstering the market
infrastructure to handle disruptions.
• The announcements at the meeting, 17 announcements include 16 major decisions and
approval of SEBI budget estimates for the fiscal year 2023–2024 (FY24).
• To encourage a balanced approach to ESG, SEBI approved the legal framework for ‘ESG
(Environmental, Social, and Governance) Disclosures, Ratings, and Investing’, as well as
amendments to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,
and SEBI (Mutual Funds) Regulations, 1996.
• The Board has given its approval to the broad proposal for the Application Supported by
Blocked Amount (ASBA)-like facility that will be made available to investors for secondary
market trading.
7. Which bank has recently (in March ‘23) signed a bancassurance partnership with Aditya
Birla Health Insurance Co Ltd (ABHICL) for the distribution of health insurance products?
1) Punjab National Bank
2) UCO Bank
3) Bank of Baroda
4) Canara Bank
5) Bank of India
Answer- 2) UCO Bank
Explanation:
Aditya Birla Health Insurance Co Ltd (ABHICL), a part of Aditya Birla Capital Ltd (ABCL), is a joint
venture between Aditya Birla Group and MMI Holdings of South Africa, inked a bancassurance
partnership with UCO Bank, for the distribution of its health insurance products.
i. This partnership will enable ABHICL to utilize UCO Bank’s widely distributed network of 3,164
branches and reach out to more than 40 million customers of the bank across India.
ii. With the UCO Bank partnership, ABHICL now has 17 bancassurance partners with over 80,000
direct selling agents, across India.
9. In March 2023, AMNS Luxembourg Holding S.A. entered into an agreement worth USD
__________ with “JBIC co-financing loan” a consortium of Japanese banks.
1) 2 billion
2) 4 billion
3) 3 billion
4) 6 billion
5) 5 billion
Answer- 5) 5 billion
Explanation:
AMNS Luxembourg Holding S.A., the parent company of ArcelorMittal Nippon Steel India Limited
(“AM/NS India”), has entered into a USD 5 billion “JBIC co-financing loan” agreement with a
consortium of Japanese banks.
• The banks that make up the Japanese banking consortium are: The Japan Bank for
International Cooperation (“JBIC”), MUFG Bank, Ltd., Sumitomo Mitsui Banking Corporation,
Sumitomo Mitsui Trust Bank Limited, Mizuho Bank Ltd., and Mizuho Bank Europe N.V.
i. The proceeds from the JBIC co-financing loan will be utilized to finance a portion of the funds for
AM/NS India’s new construction and expansion of upstream, hot rolling, and other facilities.
10. Name the bank that has recently (in March ‘23) signed an MoU with Godrej Capital Limited
to offer banking products & services.
1) Bank of Maharashtra
2) State Bank of India
3) Canara Bank
11. Which bank has recently (in March ‘23) announced a partnership with Shriram Housing
Finance Limited (SHFL) under the co-lending model through the Yubi Co.Lend platform?
1) Kotak Mahindra Bank
2) HDFC Bank
3) Axis Bank
4) ICICI Bank
5) IndusInd Bank
Answer- 3) Axis Bank
Explanation:
On 30th March 2023, Axis Bank, the third largest private sector bank in India, and Shriram Housing
Finance Limited (SHFL) announced a partnership under the co-lending model through the Yubi
Co.Lend platform.
• Through this partnership, the lenders will each provide secured home loans and MSME (Micro,
Small and Medium Enterprise) loans to borrowers in the middle and low-income segments
based in rural and semi-urban areas.
12. In March 2023, the Ministry of Commerce and Industry(MoC&I) released the Foreign Trade
Policy (FTP) 2023 that aims to increase India’s exports to USD 2 trillion by____________(year).
1) 2026
2) 2040
3) 2027
4) 2030
5) 2025
Answer- 4) 2030
Explanation:
On 31st March 2023, The Ministry of Commerce and Industry(MoC&I), Government of India(GoI),
released the Foreign Trade Policy (FTP) 2023 which aims to increase India’s exports to USD 2
trillion by 2030 by shifting from incentives to remission and entitlement based regime.
• The FTP 2023 is set to become effective from 1st April 2023.
• India is set to end the FY 2023 with a total export of USD 760-770 billion compared to the USD
676 billion in 2021-2022.
i. The FTP 2023 has identified 4 new Towns of Export Excellence (TEE) – Faridabad, Moradabad,
Mirzapur, and Varanasi – in addition to the existing 39 TEEs.
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AWARDS AND RECOGNITION
13. Name the personality who recently (in March ‘23) became the first Woman from Jammu
and Kashmir (J&K) to receive the Wildlife Conservation Award in March 2023.
1) Aaliya Mir
2) Priyanka Mohite
3) Naina Dhakad
4) Anita Devi
5) Sheetal
Answer- 1) Aaliya Mir
Explanation:
Aaliya Mir, a wildlife conservationist working for India-based charity Wildlife SOS, has been
honoured with the Wildlife Conservation Award for 2023 by the administration of the Union
Territory (UT) Jammu and Kashmir (J&K), for her conservation efforts in the region.
• She became the first Woman from J&K to receive the Wildlife Conservation Award.
• The Award carries a cash prize of Rs 25000 and a Momento.
14. Who was recently (in March ‘23) appointed as the Crown Prince of Abu Dhabi?
1) Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum
2) Sheikh Mansour bin Zayed bin Sultan Al Nahyan
3) Sheikh Mohammed bin Rashid Al Maktoum
4) Sheikh Saif bin Zayed Al Nahyan
5) Sheikh Khaled bin Mohamed bin Zayed Al Nahyan
Answer- 5) Sheikh Khaled bin Mohamed bin Zayed Al Nahyan
Explanation:
On 29th March 2023, Sheikh Mohammed bin Zayed Al Nahyan (Known by his initials MBZ), President
of the United Arab Emirates (UAE) and the ruler of Abu Dhabi, appointed his eldest son Sheikh
Khaled bin Mohamed bin Zayed Al Nahyan as Crown Prince of Abu Dhabi (UAE),
• President Sheikh Mohammed also appointed his brother Sheikh Mansour bin Zayed Al Nahyan
as Vice President of the UAE.
• MBZ named his other brothers Sheikh Tahnoun bin Zayed Al Nahyan and Hazza bin Zayed Al
Nahyan as deputy rulers of Abu Dhabi.
15. Which company has recently (in March ‘23) re-appointed Praveer Sinha as its Chief
Executive Officer (CEO) and Managing Director (MD) for 4 years?
1) RattanIndia Power Limited
2) Adani Transmission Limited
3) JSW Energy Limited
4) Tata Power Company Limited
5) Reliance Power Limited
Answer- 4) Tata Power Company Limited
16. Who has recently (in March ‘23) taken over as Chairman and Managing Director (CMD) of
PTC India Limited?
1) Vinod Kumar Singh
2) Rajib Kumar Mishra
3) Mohammad Afzal
4) Parminder Chopra
5) Ramesh Narain Misra
Answer- 2) Rajib Kumar Mishra
Explanation:
On 29th March 2023, Dr Rajib Kumar Mishra, a power market veteran with diverse experience in
the sector, has taken over as Chairman and Managing Director (CMD) of PTC India Limited, the
leading provider of power trading solutions in India, with immediate effect.
• Prior to PTC India Limited, he was in charge of Operations, Business Development, Retail &
Advisory Services while serving as Executive Director of PTC Inc. from October 2011.
ENVIRONMENT
17. In which state, the Indian Council of Agriculture Research (ICAR) scientists has recently (in
March ‘23) discovered a Moray Eel fish of the Genus Gymnothorax at Mudasalodai fish landing
centre?
1) Maharashtra
2) Andhra Pradesh
3) Tamil Nadu
4) Kerala
5) Karnataka
Answer- 3) Tamil Nadu
Explanation:
The Indian Council of Agriculture Research (ICAR) scientists have discovered a Moray Eel fish of the
Genus Gymnothorax collected from the trawl bycatch landings at Mudasalodai fish landing centre,
off Cuddalore coast, Tamil Nadu, southeast coast of India.
• It has been named after Tamil Nadu “Gymnothorax Tamilnaduensis” with a common name of
“Tamil Nadu brown moray eel”.
• The discovery has been published in the latest issue of the international peer-reviewed journal
“Zoosystematics and Evolution” on 23rd March 2023.
i. Indian waters have been home to 28 different species of Gymnothorax and the discovery brings the
overall number of Gymnothorax species to 29.
18. When was International Transgender Day of Visibility 2023 observed across the globe?
1) 31st March 2023
2) 30th March 2023
3) 29th March 2023
4) 28th March 2023
5) 27th March 2023
Answer- 1) 31st March 2023
Explanation:
International Transgender Day of Visibility 2023 was observed across the globe on 31st March
2023 to celebrate the achievements and contributions of transgender and gender-diverse people
(TGD) around the world.
• International Transgender Day of Visibility was founded by Rachel Crandall, the United States
of America (USA)-based transgender activist in 2009 and the 1st ever International
Transgender Day of Visibility was observed on 31st March 2009.
• International Transgender day was sparked by the brutal death of Rita Hester, a black
transgender woman, on 8th November 1998. The day was marked to commemorate her
demise.
CA STATIC GK
19. Truecaller, a Caller ID verification platform, has recently (in March ‘23) opened its first
exclusive office space outside of Sweden, in ________________, India.
1) Chennai, Tamil Nadu
2) Mumbai, Maharashtra
3) Ahmedabad, Gujarat
4) Bengaluru, Karnataka
5) Hyderabad, Telangana
Answer- 4) Bengaluru, Karnataka
Explanation:
Truecaller, a Caller ID verification platform, has opened its first exclusive office space outside of
Sweden, in Bengaluru (Karnataka) India. The Bengaluru facility occupies a renovated space of
30,443 square feet and can accommodate up to 250 employees, offering top-of-the-line technology
and amenities.
i. Truecaller CEO & Co-founder Alan Mamedi speaks as Truecaller India MD Rishit Jhunjhunwala looks
on during the opening of Truecaller's first exclusive office space outside of Sweden, in Bengaluru.
ii. Truecaller is a Swedish company founded in 2009 in Stockholm, Sweden by Nami Zarringhalam and
Alan Mamedi.
20. Who is the current (as of March ‘23) president of the Paralympic Committee of India (PCI)?
1) Gursharan Singh
2) Rathan Singh
3) Deepa Malik
21. According to the data given by the Union Minister of Fisheries, Animal Husbandry and
Dairy, Parshottam Rupala in March 2023, India is the ______ largest fish producing country,
contributing eight percent to the global fish production.
1) 3rd
2) 2nd
3) 4th
4) 6th
5) 5th
Answer- 1) 3rd
Explanation:
Union Minister of Fisheries, Animal Husbandry and Dairy, Parshottam Rupala has announced that
India is the third largest fish producing country, contributing eight percent to the global fish
production.
i. Mr Rupala announced this in a written reply to a question in Rajya Sabha, the overall fish production
in the country has shown an increasing trend, since the launch of the Pradhan Mantri Matsya Sampada
Yojana.
22. In March 2023, the Asian Hockey Federation honored ‘Hockey India’ with the ‘Best
Organizer Award’ for the successful organization of the 2023 Hockey World Cup.
Who is the current (as of March ‘23) President of Hockey India?
1) Asunta Lakra
2) Sekar J Manoharan
3) Bhola Nath Singh
4) Sardar Singh
5) Dilip Kumar Tirkey
Answer- 5) Dilip Kumar Tirkey
Explanation:
The Asian Hockey Federation has honored Hockey India with the ‘Best Organizer Award’ for the
successful organization of the 2023 Hockey World Cup.
i. Hockey India successfully organized the FIH Hockey Men’s World Cup 2023 in Bhubaneswar-
Rourkela.
ii. The award was received by Hockey India Secretary General Bhola Nath Singh during the FIH
Congress held in Mungyeong, Korea. Dr. Dilip Kumar Tirkey is present President of Hockey India.
23. In March 2023, the Board of Control for Cricket in India announced the annual player
contracts for India’s senior men team for the 2022/23 season.
Which Indian cricket player has been recently (in March ‘23) promoted to the A+ category?
1) Shubhman Gill
2) KL Rahul
3) Hardik Pandya
4) Ravindra Jadeja
5) Suryakumar Yadav
Answer- 4) Ravindra Jadeja
Explanation:
The Board of Control for Cricket in India has announced the annual player contracts for India’s senior
men team for the 2022/23 season. All-rounder Ravindra Jadeja has been promoted to the A+
category, while KL Rahul has been demoted to Grade B.
i. Other inclusions in the A+ category are India skipper Rohit Sharma, former captain Virat Kohli and
Jasprit Bumrah, who has been injured since July 2022. The players in the A+ category will earn Rs 7
crore.
ii. Hardik Pandya, Ravichandran Ashwin, Mohammed Shami, Rishabh Pant and Axar Patel were
included in Grade A. These players will earn Rs 5 crore between October 2022 and September 2023.
iii. Cheteshwar Pujara, K L Rahul, Shreyas Iyer, Mohammed Siraj, Suryakumar Yadav and Shubhman
Gill are part of Grade B. Rahul has been demoted while Shubman was given a contract promotion by
the BCCI. These players are set to earn Rs 3 crore.
24. Name the state government that has recently (in March ‘23) granted the approval for a 75-
feet tall 'Statue of Knowledge' dedicated to Dr B. R. Ambedkar.
1) Maharashtra
2) Madhya Pradesh
3) Jharkhand
4) Bihar
5) Karnataka
Answer- 1) Maharashtra
Explanation:
The Maharashtra government has given approval for a 75-feet tall 'Statue of Knowledge' dedicated
to Dr B. R. Ambedkar in Latur city.
i. The state government issued an order regarding the statue and also the beautification of the
Ambedkar Park in the city.
ii. Shrangare had last year installed a 75-feet replica of Ambedkar's statue and there was a demand
from some organizations that a permanent statue should be installed in the city.
25. According to the analysis released by D & P Advisory in March 2023, ________ (company)
became a decacorn with USD 10.9 billion.
1) Nykaa
2) Swiggy
26. Who is the current (as of March ‘23) Managing Director (MD) & Chief Executive Officer
(CEO) of UCO Bank?
1) Soma Sankara Prasad
2) Ishraq Ali Khan
3) Rajendra Kumar Saboo
4) Ashwani Kumar
5) Manish Kumar
Answer- 1) Soma Sankara Prasad
Explanation:
About UCO Bank:
MD & CEO– Soma Sankara Prasad
Headquarters– Kolkata, West Bengal
Tagline– Honours your Trust
30. Which of the following ‘2023 Padma Shri awardees’ is/are “correctly” matched with their
respective field?
1) Modadugu Vijay Gupta- Literature & Education
2) Bikram Bahadur Jamatia- Social Work
3) M M Keeravaani- Art
4) Both 1 & 2
5) Both 2 & 3
Answer- 5) Both 2 & 3