16th September 2023 Current Affairs Quiz

Current Affairs 16th September 2023
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16th September 2023 Current Affairs Quiz: Welcome to the Current Affairs Quiz for 16th September 2023. In this quiz, we will test your knowledge of the latest events and developments from around the world. These questions will cover a wide range of topics, including politics, economics, science, and more. It’s a great way to stay informed about what’s happening in the world while challenging your understanding of current affairs. So, let’s dive in and see how well you’re keeping up with the news!

16th September 2023 Current Affairs | Today GK Quiz

1. What is the primary responsibility of the Enforcement Directorate (ED) in India?

A) Investigating criminal cases unrelated to financial matters
B) Enforcing traffic laws and regulations
C) Enforcing economic laws and regulations
D) Conducting cybersecurity investigations

Answer: C) Enforcing economic laws and regulations

Explanation: The Enforcement Directorate (ED) is primarily responsible for enforcing economic laws and regulations in India.

2. Which of the following is NOT one of the key functions and responsibilities of the Enforcement Directorate (ED)?

A) Investigating money laundering cases
B) Enforcing the Foreign Exchange Management Act (FEMA)
C) Investigating cases of cybercrime
D) Confiscating proceeds of crime

Answer: C) Investigating cases of cybercrime

Explanation: The Enforcement Directorate (ED) is primarily focused on investigating and prosecuting economic offenses, including money laundering and FEMA violations, and confiscating proceeds of crime. Cybercrime investigations are typically handled by specialized cybercrime units and agencies, not the ED.

3. When was World Patient Safety Day established?

A) In May 2019
B) In 2023
C) In 2016
D) In September every year

Answer: A) In May 2019

Explanation: World Patient Safety Day was established in May 2019 following the resolution for global action on patient safety adopted by the World Health Assembly.

4. What is the primary goal of the ‘Aatmanirbhar Bharat’ initiative mentioned in the article?

A) Promoting indigenous defense manufacturing
B) Increasing reliance on foreign imports
C) Reducing the defense budget
D) Discontinuing the production of indigenous weapons

Answer: A) Promoting indigenous defense manufacturing

Explanation: The ‘Aatmanirbhar Bharat’ initiative aims to promote indigenous defense manufacturing and reduce reliance on foreign imports.

5. What is the significant feature of the Su-30MKI aircraft procurement mentioned in the article?

A) They will be equipped with foreign weapons and sensors.
B) They will be manufactured by Hindustan Aeronautics Limited (HAL).
C) They will have zero indigenous content.
D) They are intended for the Indian Navy.

Answer: B) They will be manufactured by Hindustan Aeronautics Limited (HAL).

Explanation: The Su-30MKI aircraft will be manufactured in India by Hindustan Aeronautics Limited (HAL).

6. What is the primary goal of the UPAg (Unified Portal for Agricultural Statistics) unveiled by the Indian government?

A) To promote subjective judgment in policymaking
B) To create a single source for standardized agricultural data
C) To encourage scattered data sources in diverse formats
D) To increase complexity in the agricultural sector

Answer: B) To create a single source for standardized agricultural data

Explanation: The UPAg portal aims to consolidate agricultural data into a standardized format, providing a single source for reliable and standardized agricultural information, as mentioned in the article.

7. What is the primary focus of the Chainalysis’ 2023 Global Crypto Adoption Index ranking mentioned in the article?

A) Ranking nations based on their GDP
B) Ranking nations based on the number of cryptocurrency transactions
C) Ranking nations based on grassroots crypto adoption
D) Ranking nations based on their stock market performance

Answer: C) Ranking nations based on grassroots crypto adoption

Explanation: The Chainalysis’ 2023 Global Crypto Adoption Index is focused on ranking nations based on their grassroots crypto adoption, as mentioned in the article.

8. Which country ranks second in the Chainalysis’ 2023 Global Crypto Adoption Index after India?

A) Vietnam
B) United States
C) Nigeria
D) Ukraine

Answer: C) Nigeria

Explanation: Nigeria ranks second in the Chainalysis’ 2023 Global Crypto Adoption Index after India, as mentioned in the article.

9. Why did Baramati Sahakari Bank face a penalty of Rs 2 lakh imposed by the Reserve Bank of India (RBI)?

A) Violation of prudential inter-bank counter-party exposure limits
B) Failure to pay interest on term deposits
C) Non-payment of interest to inoperative savings accounts
D) Exceeding savings account limits

Answer: C) Non-payment of interest to inoperative savings accounts

Explanation: Baramati Sahakari Bank faced a penalty of Rs 2 lakh for failing to credit interest to inoperative savings bank accounts, as mentioned in the article.

10. Why did the Waghodia Urban Co-operative Bank incur a penalty of Rs 5 lakh from the Reserve Bank of India (RBI)?

A) Violation of prudential inter-bank counter-party exposure limits
B) Exceeding the interest rate on term deposits
C) Failure to pay interest on matured recurring deposits
D) Unauthorized credit facility sanctioning

Answer: A) Violation of prudential inter-bank counter-party exposure limits and Failure to pay interest on matured recurring deposits

Explanation: The Waghodia Urban Co-operative Bank faced a substantial penalty of Rs 5 lakh for various infractions, including a breach of prudential inter-bank counter-party exposure limits and failure to pay interest on matured recurring deposits, as mentioned in the article.

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