11th June 2023 Current Affairs Quiz

11th June 2023 Current Affairs
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11th June 2023 Current Affairs Quiz – This Current Affairs Quiz 11th June 2023 will test your knowledge of the latest happenings from around the world. Stay updated and test your understanding of significant events and developments with our daily Current Affairs Quiz. Challenge yourself with questions covering a wide range of topics, including politics, economy, technology, shares, and more. So, let’s dive into the Current Affairs Quiz for 11th June 2023 and put your knowledge to the test!

11th June 2023 Current Affairs | Today GK Quiz

1. Which category did the Brihanmumbai Electric Supply and Transport (BEST) undertaking win the UITP Awards 2023 in?

A) Public and Urban Transport Strategy
B) Climate and Health
C) Sustainable Urban Mobility
D) Digital Transformation

Answer: B) Climate and Health

Explanation: The BEST undertaking won the UITP Awards 2023 in the ‘Climate and Health’ category for its green travel initiatives. This recognition highlights BEST’s efforts in sustainable urban transport, contributing to climate and health benefits.

2. What is the key initiative mentioned by BEST in the content to improve last-mile connectivity?

A) Digital tickets and e-bus app
B) Premium buses
C) Mobility-as-a-Service (MaaS)
D) First and last-mile service

Answer: D) First and last-mile service

Explanation: The BEST is the first public transport undertaking to introduce e-scooters at the bus stop for improving last-mile connectivity. This initiative aims to provide a convenient solution for passengers to travel from the bus stop to their final destination, thus addressing the last-mile challenge.

3. Which organization has recommended Sanjay Swarup for the position of Chairman & Managing Director (CMD) of Container Corporation of India (CONCOR)?

A) Ministry of Railways
B) Public Enterprises Selection Board (PESB)
C) Indian Railways Service of Electrical Engineering (IRSEE)
D) Rail Vikas Nigam Limited (RVNL)

Answer: B) Public Enterprises Selection Board (PESB)

Explanation:Sanjay Swarup has been recommended for the post of CMD of CONCOR by the Public Enterprises Selection Board (PESB) panel. The PESB is responsible for selecting candidates for senior leadership positions in public sector enterprises in India.

4. Which of the following services is NOT provided by Container Corporation of India Limited (CONCOR)?

A) Inland container transportation by rail
B) Container handling at ports and ICDs
C) Container leasing and repair
D) Passenger transportation by rail

Answer: D) Passenger transportation by rail

Explanation: The Container Corporation of India Limited (CONCOR) provides container transportation and logistics services in India. However, it does not provide passenger transportation by rail. CONCOR’s services primarily revolve around container-related operations, including transportation, handling, leasing, repair, and other related activities.

5. What percentage of stake did the Canada Pension Plan Investment Board (CPPIB) divest in Kotak Mahindra Bank through the recent open market transaction?

A) 1.7%
B) 2.68%
C) 4.34%
D) 6.123%

Answer: A) 1.7%

Explanation: The Canada Pension Plan Investment Board (CPPIB) divested approximately a 1.7% stake in Kotak Mahindra Bank through an open market transaction. This indicates that CPPIB sold 3.30 crore shares, representing a 1.7% stake in the bank.

6. What was the average price per share at which the Canada Pension Plan Investment Board (CPPIB) sold its stake in Kotak Mahindra Bank?

A) Rs 1,855.64
B) Rs 6,123.61
C) Rs 1,871.90
D) Rs 6,800

Answer: A) Rs 1,855.64

Explanation: The Canada Pension Plan Investment Board (CPPIB) sold the shares of Kotak Mahindra Bank at an average price of Rs 1,855.64 per share. This average price per share was used to calculate the transaction value of Rs 6,123.61 crore.

7. By what percentage did Life Insurance Corporation of India (LIC) increase its stake in Steel Authority of India Limited (SAIL) through the open market acquisition?

A) 1%
B) 2%
C) 6.68%
D) 8.68%

Answer: B) 2%

Explanation: The LIC raised its stake in SAIL by about 2% through an open market acquisition. Prior to the acquisition, LIC held a 6.68% stake in SAIL, and after the acquisition, its holding increased to 8.68%.

8. At what average price per unit did Life Insurance Corporation of India (LIC) acquire the additional shares of SAIL?

A) Rs 66.18
B) Rs 547
C) Rs 8.26 crore
D) Rs 8.68%

Answer: A) Rs 66.18

Explanation: LIC acquired the additional shares of SAIL at an average price of Rs 66.18 per unit. This average price per unit was used to calculate the total cost of the acquisition, which amounted to about Rs 547 crore.

9. Which organizations jointly organized the e-Export Haat event in West Bengal?

A) West Bengal Industrial Development Corporation (WBIDC), Amazon Global Selling, and FICCI
B) Ministry of Industry, Commerce & Enterprises, Amazon Global Selling, and FICCI
C) West Bengal Export Commissioner’s office, Amazon Global Selling, and FICCI
D) West Bengal Industrial Development Corporation (WBIDC), Ministry of Industry, Commerce & Enterprises, and FICCI

Answer: A) West Bengal Industrial Development Corporation (WBIDC), Amazon Global Selling, and FICCI

Explanation: The e-Export Haat event in West Bengal was jointly organized by the West Bengal Industrial Development Corporation (WBIDC), Amazon Global Selling, and the Federation of Indian Chambers of Commerce & Industry (FICCI). These organizations collaborated to enable small businesses and entrepreneurs to expand their businesses globally through e-commerce exports.

10. What was the focus of the masterclasses conducted at the e-Export Haat event in West Bengal?

A) Infrastructure and skill development
B) Cross-border logistics and payments
C) Marketing support to exporters
D) Global trade agreements

Answer: B) Cross-border logistics and payments

Explanation: The masterclasses conducted at the e-Export Haat event in West Bengal focused on various aspects of e-commerce exports, including cross-border logistics and payments. These sessions aimed to provide knowledge and training to the attending exporters on how to navigate the complexities of international trade and ensure smooth operations in terms of logistics and payments while engaging in e-commerce exports.

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