Current Affairs Quiz - June, 2023
1. ‘Gateway to the Underworld’ is an artefact belonging to which country?
[A] India
[B] Sri Lanka
[C] Mexico
[D] Australia
Show Answer
Correct Answer: C [Mexico]
Notes:
The ancient Olmec artefact known as “Gateway to the Underworld” has been returned to Mexico from the US five decades after it was stolen.
The piece, officially known as Monument 9 of Chalcatzingo, is considered Mexico’s most sought-after piece from the ancient Olmec civilization.
2. Which Union Ministry has granted Rs 45.34 crore to Unani medicine research and development bodies?
[A] Ministry of AYUSH
[B] Ministry of Health and Family Welfare
[C] Ministry of Minority Affairs
[D] Ministry of Science and Technology
Show Answer
Correct Answer: C [Ministry of Minority Affairs]
Notes:
Unani or Arabian medicine is a comprehensive approach to promoting natural healing and overall wellness, originating from ancient Greek principles developed millennia ago.
For the first time, the Minority Affairs Ministry granted Rs 45.34 crore to two Unani medicine research and development bodies under the AYUSH ministry.
3. RBI has recently sanctioned the merger of which Co-op banks?
[A] Cosmos Co-op and Maratha Co-op
[B] Saraswat Co-op and Cosmos Co-op
[C] Bharat Co-op and Maratha Co-op
[D] SVC Bank and Maratha Co-op
Show Answer
Correct Answer: A [Cosmos Co-op and Maratha Co-op]
Notes:
The Reserve Bank of India (RBI) has sanctioned the merger of Maratha Co-op Bank with Cosmos Co-op Bank.
The Scheme has been sanctioned in exercise of the powers conferred under Sub-Section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949. All branches of Maratha Sahakari Bank will function as branches of The Cosmos Co-operative Bank.
4. Northeast India’s First Vande Bharat Express travels from Assam to which state/UT?
[A] West Bengal
[B] Odisha
[C] Arunachal Pradesh
[D] Uttarakhand
Show Answer
Correct Answer: A [West Bengal]
Notes:
Prime Minister Narendra Modi recently inaugurated the first Vande Bharat Express in Northeast India. It will travel from Assam’s Guwahati to West Bengal’s New Jalpaiguri.
The Vande Bharat Express will operate six days a week (except Tuesdays) and will cut down the travel time between Guwahati and New Jalpaiguri by one hour.
5. Which institution released the ‘Forever Toxic: The science on health threats from plastic recycling’?
[A] WMO
[B] UNEP
[C] WHO
[D] Greenpeace Philippines
Show Answer
Correct Answer: D [Greenpeace Philippines]
Notes:
The report titled “Forever Toxic: The science on health threats from plastic recycling” was released recently by Greenpeace Philippines. According to this report, recycling can increase the toxicity of plastics.
The report was released ahead of the second session of the Intergovernmental Negotiating Committee to develop a Global Plastics Treaty, being held at Paris, France.
6. Which institution is set to introduce the ‘Expected Loss-based Approach for Bad Loan Provisioning’?
[A] RBI
[B] SEBI
[C] EPFO
[D] PFRDA
Show Answer
Correct Answer: A [RBI]
Notes:
The Reserve Bank of India (RBI) is planning to introduce expected loss-based approach for provisioning during 2023-24.
It will help strengthen India’s bad loan resolution ecosystem. This will enable banks to design their own credit loss models and spread the higher provisions over a five-year period.
7. Which state/UT launched the ‘Solar City Project’?
[A] Rajasthan
[B] Kerala
[C] Goa
[D] Telangana
Show Answer
Correct Answer: B [Kerala]
Notes:
Kerala government-run Agency for New and Renewable Energy Research and Technology (Anert) recently launched a new ambitious project aimed at making Thiruvananthapuram the largest solar city in India.
Under this project, every rooftop in the capital city will be turned into a solar energy-producing station.
8. Which institution launched ‘e-Appeal scheme 2023’?
[A] CBDT
[B] CBIC
[C] RBI
[D] SEBI
Show Answer
Correct Answer: A [CBDT]
Notes:
The Central Board of Direct Taxes (CBDT) recently launched “e appeal” scheme announced in the budget.
Its aim is to minimize pendency of appeals related to Tax Deducted at Source (TDS) default issues and tax collection at source (TCS). The scheme empowers the Joint Commissioner (Appeals) for disposing of appeals filed before it or allocated or transferred to it.
9. Which institution released the 11th edition of the World of Work report?
[A] WTO
[B] ILO
[C] Niti Aayog
[D] IMF
Show Answer
Correct Answer: B [ILO]
Notes:
The 11th edition of the World of Work report was released recently by the International Labour Organisation.
According to this report, in 2023, the global unemployment is expected to decline below pre-pandemic level to 5.3 percent.
10. Where is the ‘Mahakal Lok corridor’ located?
[A] Gujarat
[B] Uttarakhand
[C] Madhya Pradesh
[D] Maharashtra
Show Answer
Correct Answer: C [Madhya Pradesh]
Notes:
Mahakal Lok corridor, which was inaugurated by Prime Minister Modi in 2022, is part of the redevelopment project around the Mahakaleshwar temple, Ujjain.
Six out of seven idols of ‘Saptarishis’ installed at the Mahakal Lok corridor have collapsed due to gusty winds. Madhya Pradesh’s Lokayukta has taken suo motu cognisance of the damage that gusty winds caused to six statues installed as part of the Mahakal Lok Corridor Project.
The above questions are part of Daily Current Affairs 20 MCQs Series in GKToday's Academy Android Application. This series can be subscribed in the app only for Rs. 750/- for entire year.
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