Daily Current Affairs Quiz : January 1-2, 2023
January 2, 2023 January 2, 2023
1. Which Union Ministry launched the ‘Prajjwala Challenge’?
[A] Ministry of Housing and Urban Affairs
[B] Ministry of Rural Development
[C] Ministry of Home Affairs
[D] Ministry of Agriculture and Farmers Welfare
Show Answer
Correct Answer: B [Ministry of Rural Development]
Notes:
Ministry of Rural Development’s Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) has launched the Prajjwala Challenge.
Under the challenge, ideas are invited from individuals, Enterprises, Start ups, Private Sector, Civil Society and others to transform the rural economy.
2. Which institution has urged stock exchanges to set up Investor Risk Reduction Access (IRRA) platform?
[A] RBI
[B] SEBI
[C] NITI Aayog
[D] Supreme Court
Show Answer
Correct Answer: B [SEBI]
Notes:
Markets regulator SEBI has asked stock exchanges to set up an Investor Risk Reduction Access (IRRA) platform
The platform will give investors an opportunity to square off their position or cancel pending orders in case of disruption of trading services. There is a rise in instances of glitches in systems of trading members, some of which lead to disruption of trading services.
3. What is the target for agricultural and processed food products from India for 2022-23?
[A] USD 3.56 billion
[B] USD 13.56 billion
[C] USD 23.56 billion
[D] USD 43.56 billion
Show Answer
Correct Answer: C [USD 23.56 billion]
Notes:
India’s agricultural and processed food products exports rose by 16 per cent in the first eight months (April-November) of the current financial year 2022-23 on an annual basis.
For the year 2022-23, an export target of $23.56 billion has been fixed for the agricultural and processed food products basket. At present, the agricultural exports attained 74 per cent of its annual export target.
4. Which Department under the ‘Ministry of Finance’ notifies changes in rates on small savings schemes?
[A] Department of Expenditure
[B] Department of Economic Affairs
[C] Department of Revenue
[D] Department of Financial Services
Show Answer
Correct Answer: B [Department of Economic Affairs]
Notes:
Department of Economic Affairs under the Ministry of Finance notifies changes in rates on small savings schemes.
Recently, the government hiked the interest rates on various small savings schemes including senior citizen savings scheme for the January to March quarter. The PPF will continue to earn 7.10%, while Sukanya Samriddhi account scheme will continue to earn 7.6% interest rate.
5. New Jalpaiguri, which was in the news related to Vande Bharat Express, is located in which state?
[A] Assam
[B] West Bengal
[C] Andhra Pradesh
[D] Gujarat
Show Answer
Correct Answer: B [West Bengal]
Notes:
Prime Minister Narendra Modi virtually flagged off the Vande Bharat express connecting Howrah and New Jalpaiguri. It is a railway station in Siliguri, West Bengal and is considered as the gateway to the northeast.
The Vande Bharat Express covers a distance of 564 km in 7.45 hours, will save three hours of travel time. The Vande Bharat express will be preferred by tea industry executives and tourists travelling to the Himalayas in North Bengal and Sikkim.
The above 5 questions are part of Daily Current Affairs 20 MCQs Series in GKToday Android Application. This series can be subscribed in the app only for Rs. 799/- for entire year.
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