1. What is the estimated amount that the government will borrow for the first half of financial year 2023-24?
[A] Rs 5.55 lakh crore
[B] Rs 8.88 lakh crore
[C] Rs 11.11 lakh crore
[D] Rs 13.33 lakh crore
Show Answer
Correct Answer: B [Rs 8.88 lakh crore]
Notes:
The Centre plans to raise ₹ 8.88 lakh crore through market borrowing in the April-September period of 2023-24 to fund the revenue gap to push economic growth.
The Finance Ministry announced this after consultation with the Reserve Bank of India.
2. Which country is the host of ‘International Conference on Human-Wildlife Conflict and Coexistence’?
[A] India
[B] UK
[C] USA
[D] France
Show Answer
Correct Answer: B [UK]
Notes:
The International Conference on Human-Wildlife Conflict and Coexistence is being held this year at Oxford, the United Kingdom.
It is being organized by the International Union for Conservation of Nature (IUCN), the Food and Agriculture Organization of the United Nations, the UN Development Programme and others.
3. IMF’s Extended Fund Facility has been reently approved for which country?
[A] Pakistan
[B] Afghanistan
[C] Bangladesh
[D] Ukraine
Show Answer
Correct Answer: D [Ukraine]
Notes:
The International Monetary Fund’s Extended Fund Facility is intended for countries experiencing serious medium-term BoP issues due to structural weakness that require time to address. It was recently approved for Ukraine to meet the urgent funding requirements amid the war with Russia.
4. Which country recently described India as ‘Friendly Sovereign Global Centres of Power’?
[A] Russia
[B] China
[C] USA
[D] UK
Show Answer
Correct Answer: A [Russia]
Notes:
Russia recently announced unveiled a new concept of foreign policy by describing India and China as ‘friendly sovereign global centres of power’.
These countries will be given particular focus by Moscow by comprehensively deepening ties and improving coordination with them.
5. After recent revision in March 2023, what is the rate of interest of Sukanya Samriddhi Scheme?
[A] 7.5 %
[B] 7.75 %
[C] 8.0 %
[D] 8.2 %
Show Answer
Correct Answer: C [8.0 %]
Notes:
The government has raised the interest rates across all small savings schemes except the post office savings deposit and the Public Provident Fund (PPF) for the April-June 2023 quarter.
The Sukanya Samriddhi Account Scheme too will enjoy a higher rate of interest – up from the existing 7.6 percent to 8 percent. The interest rate on the National Savings Certificate (NSC) has been hiked from 7 percent to 7.7 percent for the April – June 2023 quarter.
6. Ukraine recently placed an order to procure ‘Rosomak multi-purpose armoured vehicle’ from which country?
[A] USA
[B] UK
[C] Germany
[D] Poland
Show Answer
Correct Answer: D [Poland]
Notes:
Ukraine has recently placed an order to procure 100 Rosomak multi-purpose armoured vehicles from Poland.
These multi-purpose armoured vehicle is the licensed variant of the Finnish Patria AMV. The order will be financed through funds that Poland has received from the European Union and US funds that Ukraine has received.
7. Izu-Ogasawara Trench is located in which ocean?
[A] Atlantic Ocean
[B] Pacific Ocean
[C] Arctic Ocean
[D] Antarctic Ocean
Show Answer
Correct Answer: B [Pacific Ocean]
Notes:
The Izu–Ogasawara Trench is an oceanic trench in the western Pacific Ocean. Recently, scientists have set a record for the deepest fish ever caught on camera and the deepest catch ever made.
A juvenile snail fish was filmed recently swimming at 8,336 m in the Izu-Ogasawara Trench.
8. Which state/UT repealed the ‘Loktantra Prahari Samman Act’?
[A] Himachal Pradesh
[B] Assam
[C] Gujarat
[D] Rajasthan
Show Answer
Correct Answer: A [Himachal Pradesh]
Notes:
The Himachal Pradesh recently repealed the Loktantra Prahari Samman Act.
The Act provides a monthly pension of Rs 20,000 and Rs 12,000 to the people who lodged in jails during the Emergency from 1975 to 1977. The repeal of the Act shall not affect the previous operations of the said Act.
9. Which state is the host of the ‘Cope India Exercise’?
[A] Sikkim
[B] Maharashtra
[C] West Bengal
[D] Punjab
Show Answer
Correct Answer: C [West Bengal]
Notes:
The Air Forces of India and the U.S. are set to conduct the Cope India exercise from April 10 to 21 at the Kalaikunda airbase in West Bengal.
The exercise will see intense air manoeuvres aimed at improving interoperability. Japan will be the observer of the exercise.
10. Which country has launched a law that mandates firms to reveal their gender pay gaps by early 2024?
[A] India
[B] Australia
[C] USA
[D] Japan
Show Answer
Correct Answer: B [Australia]
Notes:
Australia, with gender pay gap of 13.3% as of 2023, has launched a new law that mandates firms with over 100 employees to reveal their gender pay gaps by early 2024.
This is expected to make businesses more accountable and improve working conditions of women in the country.