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15th June 2023 Current Affairs Quiz

15th June 2023 Current Affairs

15th June 2023 Current Affairs Quiz – Welcome to the 15th June 2023 Current Affairs Quiz! Stay updated with the latest happenings around the world as we delve into a range of topics covering politics, economics, technology, and more. Test your knowledge and broaden your understanding of the significant events that took place on this eventful day. Get ready to challenge yourself with 15th June 2023 Current Affairs and stay informed with our Daily Current Affairs Quiz. Let’s dive into the Current Affairs of 15th June 2023!

Current Affairs 15th June 2023 | Today GK Quiz

1. What organization awarded Shaktikanta Das with the Governor of the Year Award for 2023?

A) Reserve Bank of India (RBI)
B) Indian Institute of Management Bangalore (IIM-B)
C) Central Banking
D) National Bank of Ukraine

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Answer: C) Central Banking

Explanation: The Governor of the Reserve Bank of India, Shaktikanta Das, was honored with the Governor of the Year Award for 2023. The award was presented by Central Banking, an organization that covers and examines matters concerning central banks and financial regulators globally.

2. What was the growth rate of education loans in the financial year 2022-23?

A) 0.9%
B) 2.5%
C) 17%
D) 3%

Answer: C) 17%

Explanation: The Reserve Bank of India (RBI), the outstanding portfolio under education loans grew by 17% at ₹96,847 crore in the financial year 2022-23. This indicates a positive growth in education loans after a period of flat growth in the previous year.

3. Which sector disburses around 90% of education loans in India?

A) Private sector banks
B) Regional rural banks (RRBs)
C) Public sector banks
D) Non-performing assets (NPAs)

Answer: C) Public sector banks

Explanation: Approximately 90% of education loans in India are disbursed by public sector banks. Private sector banks and regional rural banks (RRBs) account for around 7% and 3% of the total education loan outstanding, respectively.

4. What were the factors contributing to New Zealand’s recession?

A) Declining tourism and natural disasters
B) Decreased farm production and inflation
C) Measures taken by the central bank and adverse effects of natural disasters
D) Higher borrowing costs and reduced consumer spending

Answer: C) Measures taken by the central bank and adverse effects of natural disasters

Explanation: New Zealand’s recession was attributed to a combination of factors, including measures implemented by the central bank to combat inflation and the adverse effects of natural disasters. The central bank’s actions, such as raising interest rates, negatively impacted the manufacturing sector, while natural disasters like Cyclone Gabrielle and the Auckland flash floods caused damage, reduced farm production, and slowed down consumer spending.

5. What is the official language of New Zealand?

A) English, French, and Māori
B) English, Spanish, and Māori
C) English, Māori, and New Zealand Sign Language (NZSL)
D) English, German, and Māori

Answer: C) English, Māori, and New Zealand Sign Language (NZSL)

Explanation: The official languages of New Zealand are English, Māori, and New Zealand Sign Language (NZSL). These languages contribute to the diverse linguistic and cultural heritage of the country.

6. Which of the following factors contribute to the rise in modern slavery according to the Global Slavery Index 2023?

A) Climate change, armed conflict, weak governance, and health emergencies
B) Importation of high-risk products and complex global supply chains
C) Crises such as conflicts, environmental degradation, and assaults on democracy
D) All of the above

Answer: D) All of the above

Explanation: The rise in modern slavery is attributed to various factors, including climate change, armed conflict, weak governance, health emergencies like the COVID-19 pandemic, importation of high-risk products, and complex global supply chains. These factors contribute to the growth of modern slavery and the challenges in eradicating it.

7. Which countries have the highest prevalence of modern slavery according to the Global Slavery Index 2023?

A) Switzerland, Norway, and Germany
B) India, China, and North Korea
C) Eritrea, Mauritania, and Saudi Arabia
D) Russia, Indonesia, and Turkey

Answer: C) Eritrea, Mauritania, and Saudi Arabia

Explanation: The countries with the highest prevalence of modern slavery, as per the Global Slavery Index 2023, include North Korea, Eritrea, Mauritania, Saudi Arabia, Turkey, and Tajikistan. Among these countries, Eritrea, Mauritania, and Saudi Arabia have the highest prevalence of modern slavery.

8. What is the recent trend in India’s retail inflation (CPI) based on the provided information?

A) It has been increasing steadily over the past few months.
B) It has been fluctuating with no clear pattern.
C) It has been decreasing consistently.
D) It has remained stable with no significant changes.

Answer: C) It has been decreasing consistently.

Explanation: The India’s retail inflation, as measured by the consumer price index (CPI), has been on a downward trajectory in recent months. The CPI has declined from 6.52% in January to 4.25% in May. This consistent decline indicates a decrease in the inflation rate and suggests improved price stability for consumers.

9. What is the potential impact of the negative wholesale price inflation (WPI) on businesses and consumers, based on the provided information?

A) It may lead to an increase in the cost of production and distribution of goods.
B) It may result in inflationary pressures and higher prices for consumers.
C) It may indicate a potential decrease in the cost of production and distribution of goods.
D) It may have no significant impact on businesses and consumers.

Answer: C) It may indicate a potential decrease in the cost of production and distribution of goods.

Explanation: The wholesale price inflation (WPI) stood at -0.92% in April 2023. Negative inflation rate suggests a potential decrease in the cost of production and distribution of goods. This can have a positive impact on businesses as it reduces their input costs, and consumers may also benefit from potentially lower prices for goods in the market.

10. Which country withdrew from the Iran nuclear agreement in 2018?

A) China
B) Iran
C) Saudi Arabia
D) United States

Answer: D) United States

Explanation: According to the provided information, it states that President Trump withdrew the United States from the Iran nuclear agreement in 2018, placing the deal in jeopardy.

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