20th April Daily Current Affairs 2023 Quiz – This 20th April 2023 Daily Current Affairs are an essential source of information for individuals seeking to stay informed and updated on the latest news and events happening around them. From politics to technology, from business, defense, we have got it all covered in today’s edition of the Daily Current Affairs for the 20th of April 2023. In this 20th April 2023 Current Affairs we will be discussing the most significant events and developments that have taken place globally, nationally, and regionally. So, let’s dive in and get ourselves updated!
20th April 2023 Daily Current Affairs Quiz | Multiple Choice Questions
1. Which of the following countries has a dedicated quantum mission before India?
A) Japan
B) France
C) Russia
D) Canada
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Answer: B) France
Explanation: The National Quantum Mission (NQM) was approved by the Union Cabinet in India to propel the country into a leading position in the quantum technology sector and promote economic growth. India will be the sixth country to have a dedicated quantum mission after the US, Austria, Finland, France and China.
2. Which city emerged as the top city for digital payment transactions in 2022 in India, according to a report by payment services firm Worldline India?
A) Chennai
B) Bengaluru
C) New Delhi
D) Mumbai
Answer: B) Bengaluru
Explanation: According to the given data, Bengaluru emerged as the top city for digital payment transactions in 2022 in India, with 29 million transactions worth USD 65 billion. The report by payment services firm Worldline India also stated that Chennai made 14.3 million transactions with a total value of USD 35.5 billion. New Delhi came in second with 19.6 million transactions worth USD 50 billion, followed by Mumbai with 18.7 million transactions worth USD 49.5 billion and Pune with 15 million transactions valued at USD 32.8 billion.
3. Which of the following banks has received Authorized Dealer Category-I (AD-I) License from RBI to deal in foreign exchange, on 19th April 2023?
A) HDFC Bank
B) ICICI Bank
C) AU Small Finance Bank
D) State Bank of India
Answer: C) AU Small Finance Bank
Explanation: AU Small Finance Bank has received permission from Reserve Bank of India to deal in foreign exchange. Reserve Bank of India vide its letter dated April 19, 2023 has granted Licence to act as Authorized Dealer Category-I (AD-I) under section 10 of FEMA, 1999 to deal in foreign exchange. The permission is subject to compliance of applicable regulations.
4. Who will be honored with the Lata Deenanath Mangeshkar award, from the following list?
A) Narendra Modi
B) Asha Bhosle
C) Uttam Singh
D) Usha Khanna
Answer: B) Asha Bhosle
Explanation: According to the given data, Asha Bhosle, the renowned singer, will be honored with the Lata Deenanath Mangeshkar award. The award was established by the Mangeshkar family and trust in memory of Lata Mangeshkar, who was Asha Bhosle’s older sister. The Lata Deenanath Mangeshkar Puraskar is an annual award given to someone who has made a significant contribution to the nation, its people, and society. The award was first presented to Prime Minister Narendra Modi.
5. What is the key point of the SATHI portal?
A) A new agricultural scheme launched by the Indian government
B) A mobile application for farmers to sell their produce
C) An online platform for seed traceability, authentication, and inventory
D) A certification program for agricultural products
Answer: C) An online platform for seed traceability, authentication, and inventory
Explanation:The Minister of Agriculture and Farmers Welfare, Narendra Singh Tomar, recently introduced a new online platform and mobile application called SATHI (Seed Traceability, Authentication, and Holistic Inventory). This initiative has been launched under the Uttam Beej – Samriddh Kisan scheme to tackle various challenges in seed production, quality identification, and certification. The minister emphasized the government’s dedication to resolving agricultural issues through schemes and programs, and SATHI is regarded as a groundbreaking approach to addressing seed production, quality identification, and certification concerns.
6. What is the objective of the memorandum of understanding (MoU) signed between NTPC and Chempolis India?
A) To explore the feasibility of setting up a bamboo-based bio-refinery in Bongaigaon
B) To produce bio-diesel from bamboo
C) To set up a thermal power plant in Assam
D) To explore the feasibility of setting up a solar power plant in Bongaigaon
Answer: A) To explore the feasibility of setting up a bamboo-based bio-refinery in Bongaigaon
Explanation: NTPC has signed a non-binding MoU with Chempolis India to explore the feasibility of setting up a bamboo-based bio-refinery in Bongaigaon, Assam. The bio-refinery project will produce 2G ethanol, bio-coal for thermal power plants, and other value-added products from bamboo. It is planned as an integration project with NTPC Bongaigaon plant, which will support with steam, power, and other utility requirements.
7. Which Indian state has topped the country for four consecutive years in terms of persondays generation under Mahatma Gandhi National Rural Employment Guarantee Scheme?
A) Tamil Nadu
B) Rajasthan
C) Uttar Pradesh
D) Bihar
Answer: B) Rajasthan
Explanation: Rajasthan has topped the country for four consecutive years in terms of persondays generation under Mahatma Gandhi National Rural Employment Guarantee Scheme. In the year 2022-23, Rajasthan generated 35.61 crore persondays at a total cost of Rs 10,175 crore under the scheme. Tamil Nadu, Uttar Pradesh, Andhra Pradesh, and Bihar followed Rajasthan in terms of persondays generation. Additionally, Rajasthan stood third in the country in terms of number of households completing 100 days of work.
8. Which country has the highest population in the world according to a UN report released on Wednesday?
A) China
B) United States
C) India
D) None of the above
Answer: C) India
Explanation: According to the UN world population dashboard, India has a population of 142.86 crore people, surpassing China’s population of 142.57 crore people, making India the world’s most populous nation. The United States is a distant third with a population of 340 million. The new UNFPA report also provides information on India’s population distribution by age group.
9. What is the purpose of the Memorandum of Understanding (MoU) signed between the Indian Army and Tezpur University?
A) To provide training to Tezpur University personnel in the Chinese language.
B) To conduct a course for Indian Army personnel in the Hindi language.
C) To train Indian Army personnel in the Chinese language.
D) To establish a partnership between the Indian Army and Tezpur University in the field of research.
Answer: C) To train Indian Army personnel in the Chinese language.
Explanation: The MoU signed between the Indian Army and Tezpur University on 19th April 2023 is for training the Indian Army personnel in the Chinese language. The course will be for a duration of 16 weeks and will be conducted at Tezpur University. The purpose of this course is to improve the in-house Mandarin expertise of the Indian Army personnel and empower them to engage with the Chinese Military personnel as and when the situation demands.
10. What is a Hybrid Solar Eclipse or Surya Grahan?
A) A Solar Eclipse that is visible in India.
B) A Solar Eclipse that lasts for about 5 hours and 25 minutes.
C) A rare celestial occurrence in which the new moon blocks the sun.
D) A Solar Eclipse that is visible in East and South-East Asia, Singapore, Indonesia, Philippines, Australia, among other countries.
Answer: C) A rare celestial occurrence in which the new moon blocks the sun.
Explanation: A Hybrid Solar Eclipse or Surya Grahan is a rare celestial occurrence in which the new moon blocks the sun. This type of Solar Eclipse is taken place on April 20 and lasted about 5 hours and 25 minutes. The Solar Eclipse has been visible in East and South-East Asia, Singapore, Indonesia, Philippines, Australia, among other countries, but will not be visible in India.
11. How will the ‘Corporate Debt Market Development Fund’ be established and which institution will be responsible for it?
A) The fund will be established as a Mutual Fund by RBI.
B) The fund will be established as an Alternative Investment Fund by SEBI.
C) The fund will be established by NSE as a venture capital fund.
D) The fund will be established by BSE as a private equity fund.
Answer: B) The fund will be established as an Alternative Investment Fund by SEBI.
Explanation: SEBI (Securities and Exchange Board of India) will set up the ‘Corporate Debt Market Development Fund’ in the form of an Alternative Investment Fund. The fund will have an initial corpus of Rs 3,000 crore and will function as a backstop facility for buying investment grade corporate debt securities during stressful times. Therefore, option B is the correct answer.
12. Which of the following is true regarding the 8th India-Thailand Defence Dialogue?
A) It was held in Delhi.
B) It was co-chaired by the Deputy Permanent Secretary for Defence, India and Special Secretary in the Ministry of Defence, Thailand.
C) It aimed to discuss the education system in both countries.
D) It focused on the promotion of trade between India and Thailand.
Answer: B) It was co-chaired by the Deputy Permanent Secretary for Defence, Thailand and Special Secretary in the Ministry of Defence, India.
Explanation: The 8th India-Thailand Defence Dialogue was held in Bangkok and was co-chaired by Nivedita Shukla Verma, Special Secretary in the Ministry of Defence, India and General NuchitSribunsong, Deputy Permanent Secretary for Defence, Thailand. The purpose of the dialogue was to review the defence cooperation between the two countries and explore new initiatives to strengthen bilateral engagements.
13. Which company developed Kenya’s first operational Earth observation satellite, “Taifa-1”?
A) SpaceX
B) SayariLabs and EnduroSat
C) NASA
D) ISRO
Answer: B) SayariLabs and EnduroSat
Explanation: The Taifa-1 satellite, which is Kenya’s first operational Earth observation satellite, was developed by SayariLabs and EnduroSat over two years. The satellite was successfully launched into space onboard a SpaceX rocket from the United States. The satellite will collect agricultural and environmental data, which will be used for disaster management and to combat food insecurity in Kenya. The cost of the satellite was 50 million Kenyan shillings ($372,000).
14. What did India and Canada agree to do in their recent telephonic conversation between their Defence Ministers?
A) To increase trade relations
B) To strengthen bilateral defence relations
C) To collaborate on space research
D) To enhance cultural exchange programs
Answer: B) To strengthen bilateral defence relations
Explanation: India and Canada agreed to work on taking the defence relationship to the next level and make defence an important pillar of the bilateral relationship. Defence Minister Rajnath Singh held a telephonic conversation with his Canadian counterpart Anita Anand and discussed ways to develop bilateral defence relations, reflecting their democratic ethos and shared interest in the peace and security of the Indo-Pacific region. Mr. Singh also welcomed the increased Canadian naval presence in the Indo-Pacific region, indicating a commitment to strengthening defence ties.
15. What is the amount that the Indian government plans to borrow from the market in the first half of financial year 2023-24 to fund the revenue gap and boost economic growth?
A) Rs 5.45 lakh crore
B) Rs 23.33 lakh crore
C) Rs 11.12 lakh crore
D) Rs 8.88 lakh crore
Answer: D) Rs 8.88 lakh crore
Explanation: The Indian government has decided to borrow ₹ 8.88 lakh crore from the market during the April-September period of financial year 2023-24. The purpose of this borrowing is to fill the revenue gap and stimulate economic growth. The decision was taken after consultation with the Reserve Bank of India.
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