11. 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.
12. ‘Gaan Ngai festival’ is celebrated in which Indian state?
[A] Assam
[B] Manipur
[C] West Bengal
[D] Odisha
Show Answer
Correct Answer: B [Manipur]
Notes:
The Gaan Ngai festival of the Zeliangrong community is celebrated in Manipur. It is celebrated every year after harvesting.
During the festival, the Zeliarong community shows their gratitude by offering their harvest to the almighty. It is a custom to produce new fire by rubbing dry wood and split bamboo pieces and distribute them to other households. The Zeliarong community in Manipur comprises Rongmei, Liangmei, and Zeme tribes.
13. Which country developed the Aadhaar-like platform for 9 countries called ‘Modular Open-Source Identity Platform (MOSIP)’?
[A] China
[B] India
[C] Israel
[D] USA
Show Answer
Correct Answer: B [India]
Notes:
International Institute of Information Technology Bangalore (IIITB) has developed a platform to provide Aadhaar-like digital identities for nine countries.
The Modular Open-Source Identity Platform (MOSIP) is a digital identity platform. Citizens of Philippines, Morocco, Sri Lanka, Uganda, Ethiopia, Republic of Guinea, Sierra Leone, Burkina Faso and Togolese Republic will enrol on the platform.
14. India’s National Security Adviser Ajit Doval held a Strategic Dialogue with his counterpart from which country?
[A] USA
[B] France
[C] Australia
[D] Sri Lanka
Show Answer
Correct Answer: B [France]
Notes:
National Security Adviser Ajit Doval and his French counterpart Emmanuel Bonne held discussions on defence and security cooperation.
In addition to being the diplomatic advisor to the French president, Emmanuel Bonne is also France’s G7-G20 sherpa.
15. 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.
16. Which city is the host of the Pravasi Bharatiya Divas convention 2023?
[A] Varanasi
[B] Indore
[C] Pune
[D] Chennai
Show Answer
Correct Answer: B [Indore]
Notes:
Narendra Modi will hold bilateral talks with the Presidents of Guyana and Suriname on the sidelines of the two-day Pravasi Bharatiya Divas convention in Indore.
Guyana President Irfaan Ali and Surinam President Chandrikapersad Santokhi will be the chief guest and special guest of honour at this year’s conclave.
17. Which state-owned institution is one of the co-promoters of IDBI Bank?
[A] RBI
[B] SBI
[C] LIC
[D] Canara Bank
Show Answer
Correct Answer: C [LIC]
Notes:
At present, the government and state-owned Life Insurance Corporation hold a little over 94 per cent in IDBI Bank and are classified as its co-promoters. The central government is looking to sell nearly 61 per cent stake in IDBI Bank.
Securities and Exchange Board of India (SEBI) accepted the central government’s request to reclassify its shareholding in the Bank after its disinvestment as ‘public holding’.
18. Which Union Ministry conducts ‘Pradhan Mantri National Apprenticeship Mela (PMNAM)’?
[A] Ministry of MSME
[B] Ministry of Skill Development and Entrepreneurship
[C] Ministry of Commerce and Industry
[D] Ministry of Electronics and IT
Show Answer
Correct Answer: B [Ministry of Skill Development and Entrepreneurship]
Notes:
The Ministry of Skill Development and Entrepreneurship conducts the ‘Pradhan Mantri National Apprenticeship Mela (PMNAM)’.
PMNAM will be conducted across 242 districts across states and union territories this year. The event will see participation of several local businesses that will provide local youth the opportunity of apprenticeship training.
19. What is the purpose of the ‘Aamantran’ Portal, which was recently launched?
[A] Grievance Redressal
[B] Invitation Management
[C] Issuance of Electoral Bonds
[D] Donation to Places of Worship
Show Answer
Correct Answer: B [Invitation Management]
Notes:
As part of the Government’s e-governance initiative, an online Invitation Management Portal was launched
The Aamantran portal can be used to extend e-Invitations to dignitaries/guests and Online Sale of Tickets to general public for witnessing Republic day and Independence day events.
20. ‘Lecanemab’, which was granted approval by the US FDA, is used to treat which disease?
[A] COVID-19
[B] Alzheimer
[C] Cancer
[D] Diabetes
Show Answer
Correct Answer: B [Alzheimer]
Notes:
The US Food and Drug Administration granted accelerated approval for the Alzheimer’s disease drug Lecanemab.
The drug has shown “potential” as an Alzheimer’s disease treatment by appearing to slow progression. Though it is not a cure, the drug works by binding to amyloid beta, which is a hallmark of Alzheimer’s disease.