1. What is the name of the difference between the total revenue and total expenditures of a country in a year?
[A] Fiscal Deficit
[B] Revenue Deficit
[C] Primary Deficit
[D] Budget Deficit
Show Answer
Correct Answer: A [Fiscal Deficit]
Notes:
Fiscal Deficit is the difference between the total revenue and total expenditures of a country in a year.
The Fiscal Deficit at the end of November touched 59 per cent of the full year budget estimate. According to data released by the Controller General of Accounts (CGA), the fiscal deficit was ₹978,154 crore in the April-November period 2022-23.
2. XBB.1.5 Covid variant has caused a huge rise in new cases in which country?
[A] South Africa
[B] Italy
[C] USA
[D] Indonesia
Show Answer
Correct Answer: C [USA]
Notes:
US Centers for Disease Control and Prevention estimates that XBB.1.5 has more than doubled its share of the Covid-19 figures each week.
In the Northeast region of the country, XBB.1.5 is causing 75% of new cases. The XBB.1.5 strain is a relative of the Omicron XBB variant, which is a recombinant of the Omicron BA.2.10.1 and BA.2.75 subvariants.
3. Which state announced that no rhinos were poached in 2022, the first time since 2000?
[A] West Bengal
[B] Assam
[C] Bihar
[D] Odisha
Show Answer
Correct Answer: B [Assam]
Notes:
The Chief Minister of Assam Himanta Biswa Sarma announced that no rhinos were poached in Assam in the year 2022.
Since 2000, it is for the first time there were no incidents of rhino poaching in the state. Assam’s Kaziranga National Park is the biggest habitat for one-horned rhinos globally. In 2021, the Assam government established a 22-member task force for containing the act of poaching.
4. Which city is the host of the Indian Science Congress (ISC)?
[A] Nagpur
[B] Indore
[C] Varanasi
[D] Cochin
Show Answer
Correct Answer: A [Nagpur]
Notes:
The 108th session of Indian Science Congress (ISC) has been launched in Nagpur, Maharashtra. Prime Minister Narendra Modi virtually addressed the Indian Science Congress 2023.
The five-day event is being hosted by the Nagpur University with the focal theme of ‘Science and Technology for Sustainable Development with Women Empowerment’.
5. Who is the head of the Committee set up to discuss measures to protect Ladakh’s culture, language and employment?
[A] Jamyang Tsering Namgyal
[B] Amit Shah
[C] Nityanand Rai
[D] RK Mathur
Show Answer
Correct Answer: C [Nityanand Rai]
Notes:
The Centre has constituted a High Powered Committee to discuss measures to protect Ladakh’s unique culture, language and employment.
A 17 member committee has been set up under the Chairmanship of Minister of State for Home Affairs Nityanand Rai. Other members include Ladakh Lieutenant Governor RK Mathur, MP Jamyang Tsering Namgyal, and nominee officials of Home ministry among others.
6. As per the Minimum Public Shareholding (MPS) norm, what is the minimum public float for all listed companies?
[A] 10 per cent
[B] 20 percent
[C] 25 percent
[D] 40 per cent
Show Answer
Correct Answer: C [25 percent]
Notes:
As per the Minimum Public Shareholding (MPS) norm at least 25 per cent public float is mandated for all listed companies.
The government has recently exempted public sector entities from the Minimum Public Shareholding (MPS) norm. The exemption would apply on entities regardless of the government’s direct or indirect holding.
7. Which country has announced financial support to households to move away from the capital city?
[A] China
[B] Japan
[C] USA
[D] Indonesia
Show Answer
Correct Answer: B [Japan]
Notes:
Japan has planned to boost financial support to households to move away from the capital city Tokyo.
This move aims to combat depopulation in other areas of the country. Eligible families in the Tokyo metropolitan area will receive 1 million yen (USD 7,700) per child starting in the fiscal year 2023 if they move to a disadvantaged local area. The increased support for children comes on top of a 1 million yen scheme.
8. Savitribai Phule, India’s first woman teacher, was from which state?
[A] Tamil Nadu
[B] Maharashtra
[C] Kerala
[D] Andhra Pradesh
Show Answer
Correct Answer: B [Maharashtra]
Notes:
Savitribai Phule is formally recognised as India’s first woman teacher. She was born on January 3, 1831, in Maharashtra’s Naigaon village.
Along with her husband and social activist Jyotirao Phule, Savitribhai opened the country’s first girls’ school in Bhidewada, Pune, in 1848. They challenged oppressive caste-based social norms and made the downtrodden to pursue education.
9. The ‘Intelligent Tray Retrieval System (ITRS)’ has been inaugurated in which state’s airport?
[A] Maharashtra
[B] Goa
[C] Tamil Nadu
[D] New Delhi
Show Answer
Correct Answer: B [Goa]
Notes:
Union Minister for MSME, Narayan Rane, inaugurated Intelligent Tray Retrieval System (ITRS) at MOPA (GOA) International airport.
ITRS is an Artificial Intelligence-based fully automatic machine that helps in providing enhanced passenger security with advanced screening technology. It is equipped with image analysis software with advanced tools to take correct decisions against baggages.
10. Sam Bankman-Fried, who was in the news recently, was the founder of which company?
[A] Tesla
[B] FTX
[C] TikTok
[D] CoinBase
Show Answer
Correct Answer: B [FTX]
Notes:
The founder of cryptocurrency company FTX, Sam Bankman-Fried faces eight criminal counts, including wire fraud and money laundering conspiracy, among others
He recently pleaded not guilty Manhattan federal court, to charges of defrauding investors related to the collapse of the crypto exchange. He is accused of redirecting the deposits of FTX customers without their consent to his Alameda Research hedge fund.