1. Higher Education Financing Agency (HEFA) is a joint venture of Education Ministry and which bank?
[A] State Bank of India
[B] HDFC Bank
[C] Canara Bank
[D] ICICI Bank
Show Answer
Correct Answer: C [Canara Bank]
Notes:
Higher Education Financing Agency (HEFA) is a joint venture of Education Ministry, Government of India and Canara Bank for financing creation of capital assets in premier institutions.
A Parliamentary panel has recently directed the Education Ministry to fast track the process of disbursing sanctioned loans by the HEFA.
2. Which country recently held a referendum on a new constitution (April 2023)?
[A] Sri Lanka
[B] Uzbekistan
[C] Afghanistan
[D] Iran
Show Answer
Correct Answer: B [Uzbekistan]
Notes:
Uzbekistan held a referendum on a new constitution on April 30. The constitution seeks to declare Uzbekistan as a sovereign, democratic, legal, and social state.
The constitution also enshrines new rules from personal rights to expanding the powers of parliament.
3. ‘National Maritime Week’ is observed in India in which month?
[A] March
[B] April
[C] May
[D] June
Show Answer
Correct Answer: B [April]
Notes:
To mark the moment of the first Indian Steamship “S.S. LOYALTY”, Mumbai, venturing into international water on her maiden voyage from Mumbai to London (UK) in 1919, April 5 was marked as “National Maritime Day.”
The government is celebrating National Maritime Week from March 30, 2023, to April 5, 2023, paying tribute to the services of seafarers.
4. Salim Durani, who was seen in the news, was associated with which profession?
[A] Business-person
[B] Sports-person
[C] Politician
[D] Scientist
Show Answer
Correct Answer: B [Sports-person]
Notes:
Salim Aziz Durani was an Afghan-born Indian cricketer who took part in 29 Test matches from the years 1960 to 1973. He passed away recently at the age of 88.
Durani was a part of India’s successful victory against England in 1961-62 where he picked up eight wickets against English team.
5. 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.
6. ‘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.
7. Which country hosted the first ‘India-Central Asia Culture Ministers’ Meeting’?
[A] India
[B] Kyrgyzstan
[C] Kazakhstan
[D] Tajikistan
Show Answer
Correct Answer: A [India]
Notes:
Minister of Culture, Tourism and Development of North Eastern Region G. Kishan Reddy hosted the first India-Central Asia Culture Ministers’ Meeting virtually.
The Culture Ministers of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan participated in the meeting. The India-Central Asia Summit hosted by Prime Minister Narendra Modi in 2022.
8. Which country launched the ‘Ukraine Security Assistance Initiative’?
[A] USA
[B] UK
[C] Australia
[D] Germany
Show Answer
Correct Answer: A [USA]
Notes:
Ukraine Security Assistance Initiative was launched by the US to increase Ukraine’s capacity to defend itself from Russia’s aggression.
Under this initiative, USD 2.6 billion military aid package was announced by the US. USAI is an authority under which the United States procures capabilities from industry.
9. Which is the headquarters of the ‘Organisation of Islamic Cooperation (OIC)’?
[A] Saudi Arabia
[B] Israel
[C] UAE
[D] Pakistan
Show Answer
Correct Answer: A [Saudi Arabia]
Notes:
Organisation of Islamic Cooperation (OIC) was founded in 1969 to protect the interests of the Muslim world.
The Indian government recently criticised the OIC after the organization’s secretariat issued statement alleging the targeting of Muslim community in several states during Ram Navami processions.
10. What is the repo rate as of April 2023, after the Monetary Policy Committee Meeting?
[A] 6.2 per cent
[B] 6.5 per cent
[C] 6.8 per cent
[D] 7.2 per cent
Show Answer
Correct Answer: B [6.5 per cent]
Notes:
After raising repo rate in six consecutive policies, the Reserve Bank of India (RBI), decided to pause its rate hike cycle amid rising concerns over global financial stability.
The Monetary Policy Committee decided to keep the policy repo rate unchanged at 6.5 per cent in this meeting.