41. Which organisation has amended its regulations to allow Alternative Investment Funds (AIFs) to participate in the Credit Default Swaps (CDS) market as protection buyers and sellers?
[A] SBI
[B] SEBI
[C] NABARD
[D] RBI
Show Answer
Correct Answer: B [SEBI]
Notes:
Alternative Investment Funds (AIFs) can now participate in the Credit Default Swaps (CDS) market as protection buyers and sellers thanks to an amendment to the SEBI (Alternative Investment Funds-AIF) Regulations, 2012 by the Securities and Exchange Board of India (SEBI).
42. Which bank and WDRA recently signed an agreement to support farmers?
[A] Axis bank
[B] ICICI
[C] HDFC
[D] SBI
Show Answer
Correct Answer: D [SBI]
Notes:
A Memorandum of Understanding (MoU) between the Warehousing Development and Regulatory Authority (WDRA) and the State Bank of India (SBI) has been linked to assisting farmers in obtaining loans with low-interest rates. The MoU was signed to raise awareness of the new loan product known as “Produce Marketing Loan” to fund against e-NWRs (electronic Negotiable Warehouse Receipts), which has features like zero processing fee, no additional collateral, and competitive interest rates.
43. What is the theme of Data Privacy Day in 2023?
[A] Think Privacy First
[B] Privacy Matters
[C] Stop. Think. Connect
[D] Own Your Privacy
Show Answer
Correct Answer: A [Think Privacy First]
Notes:
The theme for this year is ‘Think Privacy First’. In this digital age, it is pragmatic to prioritize data privacy, both for individuals and businesses.
44. Who introduced a QR Code-based coin vending machine recently?
[A] Citi Bank
[B] RBI
[C] Canara Bank
[D] SBI
Show Answer
Correct Answer: B [RBI]
Notes:
The Reserve Bank of India has launched a new QR code-based coin vending machine to address the issue of fake currency notes in coin vending machines. The decision to launch the machine was made during the recent Monetary Policy Committee meeting. The machines will be introduced in 12 cities nationwide in the first phase.
45. Which country has agreed to raise its policy interest rate by 2%, or 200 basis points, in order to meet another requirement imposed by the International Monetary Fund (IMF) in order to release USD 1.1 billion from the rescue package?
[A] Pakistan
[B] Iran
[C] Iraq
[D] Ukraine
Show Answer
Correct Answer: A [Pakistan]
Notes:
Pakistan’s government has agreed to increase the policy interest rate by 2% or 200 basis points to meet another condition set by the International Monetary Fund (IMF) to unlock USD 1.1 billion of the bailout package.
46. Which bank formalises the acquisition of Citibank’s India consumer business?
[A] Yes Bank
[B] Axis Bank
[C] Punjab National Bank
[D] Bank of Baroda
Show Answer
Correct Answer: B [Axis Bank]
Notes:
Axis Bank completes deal to buy Citibank’s India consumer business.
47. Which state launched the Laadli Behna initiative for women recently?
[A] Madhya Pradesh
[B] Punjab
[C] Jharkhand
[D] Haryana
Show Answer
Correct Answer: A [Madhya Pradesh]
Notes:
Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Sunday launched ‘Laadli Behna’ scheme wherein eligible women will get ₹1,000 monthly assistance.
48. Who has been revealed as the world’s first ‘Hand Ambassador’ for Savlon’s Swasth India Mission?
[A] Virat Kohli
[B] Sachin Tendulkar
[C] Mahendra Singh Dhoni
[D] Rohit Sharma
Show Answer
Correct Answer: B [Sachin Tendulkar]
Notes:
Savlon revealed the God of Cricket, Sachin Tendulkar as its world’s first ‘Hand Ambassador’ for its Swasth India Mission.
The campaign features a series of films featuring Sachin Tendulkar’s Hand as their chief protagonist – bringing the importance of hand hygiene to everyone’s notice.
49. Who addressed the post-budget webinar on PM Vishwakarma Kaushal Samman?
[A] President Ram Nath Kovind
[B] Prime Minister Narendra Modi
[C] Finance Minister Nirmala Sitharaman
[D] Home Minister Amit Shah
Show Answer
Correct Answer: B [Prime Minister Narendra Modi]
Notes:
Prime Minister Narendra Modi addresses the post-budget webinar on ‘PM Vishwakarma Kaushal Samman (PM VIKAS)’ on 11 March.
50. Which automaker launched an all-female manufacturing line at its Tamil Nadu plant?
[A] Maruti Suzuki
[B] Mahindra
[C] TATA Motors
[D] Ashok Leyland
Show Answer
Correct Answer: D [Ashok Leyland]
Notes:
Heavy commercial vehicle maker Ashok Leyland has unveiled a new production line that would produce engines at its manufacturing facility in Hosur completely operated by women employees.
These 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. 999/- for entire year.