18th September 2023 Current Affairs Quiz

Current Affairs 18th September 2023
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18th September 2023 Current Affairs Quiz: Here is the 18th September 2023 Current Affairs Quiz! This quiz is designed to test your knowledge of the most recent and noteworthy events that have unfolded on this day. It covers a wide range of topics, including international affairs, sports, technology, and more. Stay informed and challenge yourself with our quiz to see how well you’re up to date with the latest happenings from around the world as of 18th September 2023. Let’s begin and put your current affairs knowledge to the test! Good luck!

18th September 2023 Current Affairs | Today GK Quiz

1. What is the significance of International Equal Pay Day?

A) It marks the beginning of the fight for pay equality.
B) It highlights the ongoing struggle for equal pay for work of equal value.
C) It celebrates the achievement of complete pay equality.
D) It focuses on discrimination against men and boys.

Answer: B) It highlights the ongoing struggle for equal pay for work of equal value.

Explanation: International Equal Pay Day is a significant global observance that highlights the ongoing struggle for equal pay for work of equal value.

2. When was International Equal Pay Day officially recognized by the United Nations?

A) 1996
B) 2019
C) 2020
D) 2018

Answer: C) 2020

Explanation: International Equal Pay Day was officially recognized by the United Nations in 2020, marking a pivotal moment in the global fight for pay equality.

3. What is the new name for the district ‘Aurangabad’ as per the Maharashtra government’s official notification?

A) Chhatrapati Shivajinagar
B) Dharashiv
C) Sambhajinagar
D) Osmanabad

Answer: C) Sambhajinagar

Explanation: The Maharashtra government has renamed ‘Aurangabad’ district to ‘Chhatrapati Sambhajinagar’ as per an official notification.

4. Who was the second ruler of the Maratha state and is associated with the renaming of ‘Aurangabad’ district?

A) Chhatrapati Shivaji Maharaj
B) Chhatrapati Sambhaji
C) Aurangzeb
D) Eknath Shinde

Answer: B) Chhatrapati Sambhaji

Explanation: Chhatrapati Sambhaji, the second ruler of the Maratha state established by his father Chhatrapati Shivaji Maharaj, is associated with the renaming of ‘Aurangabad’ district to ‘Chhatrapati Sambhajinagar.’

5. What is the primary reason for SIDBI’s plan to raise Rs 10,000 crore through a rights issue?

A) To reduce its assets to Rs 3 lakh crore.
B) To increase its ownership by the central government.
C) To bolster its equity capital for anticipated asset expansion.
D) To decrease the capital adequacy ratio (CAR).

Answer: C) To bolster its equity capital for anticipated asset expansion.

Explanation: SIDBI plans to raise Rs 10,000 crore through a rights issue to strengthen its equity capital as it anticipates expanding its assets to Rs 5 lakh crore by March 2024.

6. What percentage of SIDBI’s loan portfolio is comprised of direct financing following its growth in the past two years?

A) 7%
B) 14%
C) 25%
D) 50%

Answer: B) 14%

Explanation: Following significant growth in the past two years, direct financing now constitutes 14% of SIDBI’s loan portfolio, up from a mere 7% previously.

7. What is the primary goal of the ‘IB SAATHI’ initiative introduced by Indian Bank?

A) To offer advanced banking services to urban customers.
B) To provide basic banking services to various stakeholders through the business correspondent (BC) channel.
C) To reduce the number of BC agents.
D) To expand corporate business correspondents (CBCs).

Answer: B) To provide basic banking services to various stakeholders through the business correspondent (BC) channel.

Explanation: The primary goal of the ‘IB SAATHI’ initiative is to provide essential banking services to various stakeholders through the business correspondent (BC) channel.

8. How many additional services does Indian Bank plan to introduce through its BC channel by FY25?

A) 10 services
B) 25 services
C) 60 services
D) 100 services

Answer: C) 60 services

Explanation: Indian Bank plans to introduce an additional 60 services through its BC channel by FY25, expanding its service portfolio to promote financial inclusion.

9. Who has been appointed as the Chairman of Digital Infrastructure Providers Association (DIPA) as of October 1, 2023?

A) Akhil Gupta
B) Sandeep Girotra
C) Dhananjay Joshi
D) CEO of American Tower India

Answer: C) Dhananjay Joshi

Explanation: Dhananjay Joshi, MD and CEO of Summit Digitel, has been appointed as the Chairman of DIPA, effective from October 1, 2023.

10. What was the previous name of Digital Infrastructure Providers Association (DIPA) before it was renamed in 2020?

A) Telecom and Tower Infrastructure Providers Association (TTIPA)
B) Digital Infrastructure and Tower Association (DITA)
C) Tower and Infrastructure Providers Association (TIPA)
D) Infrastructure and Telecom Providers Association (ITPA)

Answer: C) Tower and Infrastructure Providers Association (TIPA)

Explanation: DIPA was previously known as the Tower and Infrastructure Providers Association (TIPA) before it was renamed in 2020.

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