11. 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.
12. Places of Worship Act protects the character of the places of worship as it stood on which date?
[A] August 15, 1947
[B] January 26, 1950
[C] December 31, 1950
[D] January 1, 1947
Show Answer
Correct Answer: A [August 15, 1947]
Notes:
Places of Worship Act, 1991 is a law that protects the character of the places of worship as it stood on August 15, 1947 and prevent any changes that could compromise the character.
The Supreme Court’s 3-judge bench will hear petitions challenging this law in July 2023.
13. What is the name of the Dark Web market place, which was recently shut down?
[A] Hyper Market
[B] Genesis Market
[C] Dark Market
[D] Forum Hack
Show Answer
Correct Answer: B [Genesis Market]
Notes:
Genesis Market is one of the world’s largest black markets where internet fraudsters can purchase credentials.
The online forum hosted about 80 million credentials and digital fingerprints stolen from more than two million people. It was shut down recently due to a global law enforcement effort, including that of the UK.
14. Which institution released the ‘Government Trends Report’?
[A] NITI Aayog
[B] Deloitte Center for Government Insights
[C] Oxfam International
[D] Amnesty International
Show Answer
Correct Answer: B [Deloitte Center for Government Insights]
Notes:
The ‘Government Trends Report’ was released recently by the Deloitte Center for Government Insights.
It highlighted 9 trends that are reshaping how the governments deliver solutions to the common citizen. The report cites six shifts that have emerged as factors behind this transition in the government’s approach towards delivering public value.
15. Which country launched the ‘Overseas Security Assistance (OSA) programme’?
[A] USA
[B] Japan
[C] Australia
[D] Germany
Show Answer
Correct Answer: B [Japan]
Notes:
Japan’s Overseas Security Assistance (OSA) programme was announced recently. It will provide financial assistance to help foreign nations strengthen their defences.
As per the foreign ministry, since the help would be offered as grants, only poor nations will be able to receive it.
16. Which state approved agreement with KfW for a loan to fund the ‘Kerala Green Energy Corridor’?
[A] Tamil Nadu
[B] Kerala
[C] Andhra Pradesh
[D] Telangana
Show Answer
Correct Answer: B [Kerala]
Notes:
Kerala Green Energy Corridor seeks to synchronize electricity produced from renewables with conventional power stations in the grid.
The state cabinet recently approved the agreement with the German development bank, KfW, for a loan to fund this project.
17. Which Union Ministry appointed the ‘Committee on Digital Competition Law’?
[A] Ministry of Finance
[B] Ministry of Corporate Affairs
[C] Ministry of External Affairs
[D] Ministry of Corporate Affairs
Show Answer
Correct Answer: D [Ministry of Corporate Affairs]
Notes:
The Ministry of Corporate Affairs had appointed 10-Member Committee on Digital Competition Law, consisting of lawyers representing the Big Tech.
It is set to meet shortly to discuss provisions of the draft Digital Competition Law. The committee is responsible for examining the need for an ex-ante regulatory mechanism for digital markets via a separate legislation.
18. ‘National Mission on Interdisciplinary Cyber-Physical System (NM-ICPS)’ is associated with which Union Ministry?
[A] Ministry of Electronics and IT
[B] Ministry of Science and Technology
[C] Ministry of Home Affairs
[D] Ministry of Commerce and Industry
Show Answer
Correct Answer: B [Ministry of Science and Technology]
Notes:
National Mission on Interdisciplinary Cyber-Physical System (NM-ICPS) was approved by the Union Cabinet in 2018 at the total outlay of Rs.3660 crores for a period of five years.
The National Workshop on Technology Innovation in Cyber-Physical Systems (TIPS) was organized to deliberate on ways to strengthen NM-ICPS.
19. India held a ‘Business Summit’ recently, to commemorate 25 years of friendship with which country?
[A] Russia
[B] France
[C] Germany
[D] Israel
Show Answer
Correct Answer: B [France]
Notes:
The India-France Business Summit was organised to commemorate 25 years of India-France Friendship.
It will focus on themes like building a green future, emerging technologies, defence cooperation and cooperation in the Indo-Pacific regions. The Embassy of India, Paris, France, in association with India’s CII, France’s MEDEF and the Indo French Chamber of Commerce and Industry(IFCCI), organised the Summit and CEOs Roundtable.
20. Which state passed the ‘Restriction on Transfer of Agricultural Land Bill 2023’?
[A] Tamil Nadu
[B] Goa
[C] Odisha
[D] Rajasthan
Show Answer
Correct Answer: B [Goa]
Notes:
The Goa Restriction on Transfer of Agricultural Land Bill 2023 was passed recently by the state legislative assembly.
It seeks to impose restrictions of the sale of agricultural lands in Goa to non-agriculturalists. It aims to save the state’s paddy fields from being taken over by buyers for non-agriculture purposes.