Current Affairs Questions and Answers (28)
Total Questions : 20
1. Which business received a 19,000 crore contract from the Ministry of Defense for five Fleet Support Ships for the Indian Navy?
For a total of Rs 19,000 crore, the Ministry of Defence and Hindustan Shipyard Limited (HSL), Visakhapatnam, entered into a contract for the purchase of five Fleet Support Ships (F ReadMore SS) for the Indian Navy. As these ships will be locally designed and built by HSL, Visakhapatnam, it would be a significant step toward reaching the goal of self-reliance in the defense manufacturing industry. Less

2. Who serves as the chairman of the committee formed to "Onshore the Indian Innovation to GIFT IFSC"?
The International Financial Services Centers Authority (IFSCA) established a "Committee of Experts to "Onshoring the Indian Innovation to GIFT IFSC" and it presented its findings t ReadMore o the IFSCA Chairperson. Former RBI Executive Director G. Padmanabhan served as the committee's chair. Representatives from top venture capital firms, startups, fintechs, law firms, tax firms, and other subject-matter experts made up the group. Less

3. Which state will excel the most at implementing the Smart Cities Mission in 2022?
For outstanding achievement in the Smart Cities Mission, Indore has been named the best Smart City and Madhya Pradesh the best State. In terms of cities, Surat and Agra come in se ReadMore cond and third, respectively, while Tamil Nadu comes in second in the State category. In the India Smart Cities Award Contest (ISAC), 2022, Rajasthan and Uttar Pradesh come in second and third, respectively. Less

4. Which sports is Kishore Jena, who was featured in the news, connected to?
Javelin specialist Kishore Jena of Odisha became the first athlete from the state to represent India in the World Athletics Championship finals. He placed fifth in the World Athle ReadMore tics Championships in Budapest with a personal best of 84.77 meters. Less

5. What state increased the OBC quota in local bodies to 27%?
The Other Backward Classes (OBC) reservation percentage in Gujarat's panchayats and urban local bodies has increased from 10% to 27%. The K.S. Jhaveri Commission, which was establ ReadMore ished in response to a Supreme Court judgment on the issue of OBC quotas in Gujarat in 2022, made recommendations that served as the basis for this decision. Less

6. Which state will see the construction of a 25-mw solar power plant funded by the Asian Development Bank (ADB)?
An agreement for a long-term loan of up to 1.2 billion Indian rupees was signed by the Asian Development Bank (ADB) and Fourth Partner Energy Private Limited to build and run a 25- ReadMore megawatt solar photovoltaic power plant in the Indian state of Tamil Nadu. It is anticipated to produce over 50.7 gigawatt-hours of electricity yearly and expand the clean, affordable energy supply available to business and industrial users. Less

7. Which city undertook "Operation Muskaan," as reported in the news?
The Mumbai Police have so far this year saved more than 5,000 juveniles as part of "Operation Muskaan," a Ministry of Home Affairs initiative. It seeks to locate lost children, sa ReadMore ve them, and help them get back on track. Up until August of this year, the Mumbai Police had saved more kids than they had in the previous five years put together. Less

8. As of September 2023, what is the transaction cap for small value digital payments made in offline mode?
The Reserve Bank of India (RBI) has announced an increase in transaction limits for offline small value digital payments from the previous restriction of 200 to 500. These can onl ReadMore y be made face-to-face using any method or tool, including cards, wallets, and mobile devices. The maximum amount for an offline payment transaction is 500, however a payment instrument can never exceed 2,000 at any given time. Less

9. What nation carries out the "Ladli Behna Scheme"?
Madhya Pradesh increased the monthly financial assistance provided to women participating in the Ladli Behna Scheme from $1,000 to $1,250. This choice will benefit around 1.25 cro ReadMore re women. If they do not pay income taxes and their family's annual income is less than 2.5 lakh, women in the 23 to 60 age range are eligible for assistance. A 35 percent reservation for women in government positions was also announced by the chief minister. Less

10. Which day in India was named "National Space Day" by the Cabinet?
Chandrayaan-3's successful Moon landing is being celebrated on August 23 as "National Space Day," per a declaration made by the Union Cabinet. The identification of two lunar spot ReadMore s as "Tiranga Point" (the imprint of Chandrayaan-2) and "ShivShakti Point" (the landing site of Chandrayaan-3) in the release received praise from the Cabinet as well. Less

11. What Indian was the 2023 recipient of the Ramon Magsaysay Award?
One of the four recipients of the 2023 Ramon Magsaysay Award, Asia's Nobel Prize, is an oncologist from Assam named Ravi Kannan. He is the director of the Cachar Cancer Hospital a ReadMore nd Research Centre (CCHRC) in Assam and a recipient of the fourth-highest civilian honor in India, the Padma Shri. Less

12. Who was the Railway Board of India's first female chairman?
The Railway Board's first female chairperson, Jaya Verma Sinha, was nominated by the Union government. Anil Kumar Lahoti was replaced as chairman and CEO of the Railway Board by J ReadMore aya Verma Sinha. In the Indian Railway Management Services (IRMS), Sinha has extensive experience. Less

13. What percentage of India's GDP was produced in the April-June period of the current fiscal year (2023-2024)?
In comparison to the prior January-March quarter of fiscal 2022-23, India's Gross Domestic Product (GDP) increased by 7.8 percent in the April-June quarter of the current fiscal (2 ReadMore 023-2024). The National Statistical Office released official data showing that India's nominal GDP, or GDP at Current Prices, increased by 8% in the first quarter of this year compared to a growth rate of 27.7% in the same period last year. Less

14. What was the amount of GST collected in India in August 2023?
Revenues from the Goods and Services Tax (GST) for August 2023 have increased by 11% year over year to Rs 1.59 lakh crore. Increased compliance and decreased evasion are the cause ReadMore s of the increase. The GST's revenue in August 2022 was Rs 1,43,612 billion. CGST accounted for Rs 28,328 crore, SGST for Rs 35,794 crore, IGST for Rs 83,251 crore, and cess for Rs 11,695 crore of the total Rs 1.59 lakh crore in GST collected. Less

15. Which milestone was reached in terms of the quantity of UPI transactions in August?
According to data from the National Payments Corporation of India (NPCI), which manages the real-time payments infrastructure, 10 billion UPI transactions were carried out for the ReadMore first time in August in India. With an estimated 10.5 billion transactions, the real-time mobile payment platform is expected to end August having crossed the Rs 15 lakh crore mark for the second consecutive month. Less

16. 'Gruha Lakshmi programme' launched by which state?
The Karnataka government has launched the Gruha Lakshmi scheme, which intends to give women who are the heads of families in the State aid totaling 2,000 each month. Rahul Gandhi, ReadMore a member of Congress, and Mallikarjun Kharge, the leader of the opposition in the Rajya Sabha, introduced the program. According to reports, this is India's biggest money transfer system. For the program, 1.08 crore recipients have been determined. Less

17. 'Share(dot)Market' is a brand-new mobile application that has been released by which company?
By introducing the 'Share(dot)Market' mobile application, PhonePe, through its subsidiary PhonePe Wealth brokerage, has joined the stock brokerage sector. It offers scalable techn ReadMore ological platforms called WealthBaskets that are based on quantitative research and market knowledge. Retail investors will be able to buy stocks, trade intraday, purchase curated WealthBaskets, and invest in mutual funds using it, which will be accessible as a mobile app and a dedicated web portal. Less

18. What is the name of Project 17A's seventh and final stealth frigate, which was just launched?
Mahendragiri, the seventh and last stealth frigate of Project 17A, was launched at Mumbai's Mazagon Dock Shipbuilders Ltd. (MDL). Seven ships in total were built as part of Projec ReadMore t 17A, with four built in Mumbai by Mazagon Dock Shipbuilders Ltd. and three in Kolkata by Garden Reach Ship Builders Limited (GRSE). Less

19. The "Mukhyamantri Medhabi Chatra Protshan Yojana (MMCPY)" was started in which state?
The Mukhyamantri Medhabi Chatra Protsahan Yojana (MMCPY) was established by the government of Odisha to offer financial aid to ST and SC students pursuing advanced degrees in engin ReadMore eering and medicine. The government will cover all of the course fees under the plan. Less

20. The "International Aerospace Conference" will take place in which city?
The Ministry of Civil Aviation and the Confederation of Indian Industry (CII) collaborated to host the "International Aerospace Conference: Moving Towards Inclusive Global Value Ch ReadMore ains" in Gwalior, Madhya Pradesh. It is a G20 project in the aerospace industry that falls under G20 and B20 priorities, concentrating on creating inclusive global value chains for international commerce and investment, with the goal of fostering and bolstering trade and investment among G20 nations. Less

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