1. ‘Lynx-U2 System’ is an indigenously developed naval gun fire control system, manufactured by which institution?
[A] HAL
[B] DRDO
[C] BEL
[D] BHEL
Show Answer
Correct Answer: C [BEL]
Notes:
Lynx-U2 System is an indigenously developed naval gun fire control system. The Union Defence Ministry recently signed a contract with BEL for the procurement of 13 of these systems for the Indian Navy.
The purchase under the Buy Indian – IDMM (Indigenously Designed, Developed, and Manufactured) category will be placed on new-gen offshore patrol vessels to be constructed indigenously at Garden Reach Shipbuilders and Engineers and Goa Shipyard Limited.
2. 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.
3. Which institution decided to ban the practice of individuals having permanent seats on boards of listed companies?
[A] RBI
[B] SEBI
[C] Niti Aayog
[D] NSE
Show Answer
Correct Answer: B [SEBI]
Notes:
To ensure more transparency and timely disclosure of material events by listed entities, SEBI decided to amend norms whereby a quantitative threshold will be introduced for determining the materiality of events.
The regulator has decided to do away with the practice of individuals having permanent seats on boards of listed companies.
4. ‘DAGGER computer model’ is an AI-based computer model, which is used in which field?
[A] Cryptocurrency
[B] Geo-magnetics
[C] Geo-politics
[D] Sports
Show Answer
Correct Answer: B [Geo-magnetics]
Notes:
DAGGER (Deep Learning Geomagnetic Perturbation) computer model can forecast geomagnetic disturbances 30 minutes in advance at the global level.
This AI model will help with the rapid and accurate prediction of the solar storm.
5. At present, how many percentage of inhabited villages in India have declared themselves ODF plus?
[A] 20 per cent
[B] 25 per cent
[C] 40 per cent
[D] 50 per cent
Show Answer
Correct Answer: C [40 per cent]
Notes:
An ODF Plus Village is the one that sustains is ODF status and ensures management of solid and liquid wastes while remaining visually clean.
Currently, more than 40 percent of inhabited villages in India have declared themselves ODF plus.
6. 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.
7. ‘Mahila Nidhi’ is the first ever women’s cooperative fund launched by which state/UT?
[A] Kerala
[B] Rajasthan
[C] Karnataka
[D] Andhra Pradesh
Show Answer
Correct Answer: B [Rajasthan]
Notes:
Mahila Nidhi is the first-ever women’s cooperative fund launched by Rajasthan. Rajasthan Chief Minister Ashok Gehlot approved a proposal for giving 8% interest subsidy on loans obtained by the members of women’s self-help groups (SHGs) from Mahila Nidhi.
Mahila Nidhi is operated entirely by women and acts as a complementary body with the formal banking system.
8. 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.
9. 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.
10. ‘Basohli Painting’ is a famous painting based in which country?
[A] Jammu and Kashmir
[B] Andhra Pradesh
[C] Karnataka
[D] Arunachal Pradesh
Show Answer
Correct Answer: A [Jammu and Kashmir]
Notes:
Basohli Painting is a world famous painting from Kathua district in Jammu and Kashmir. It recently received GI tag.
The Geographical Indications (GI) is a form of intellectual property right that identifies goods originating from a specific geographical location and having distinct nature, quality and characteristics linked to that location.