20th February Daily Current Affairs 2023: Hello Guys…! Here are Daily Current Affairs 20 Feb 2023. The below section contains the latest Current Affairs 2023 in a systematic order. Candidates who are appearing for Bank Exams, Civils, and other competitive exams can visit this article and get the GK Today Current Affairs. This article not only contains question and answer, but also an explanation for each question of Daily Current Affairs 20 February 2023. If you want to get Daily Current Affairs Quiz, then keep in touch with us @ Freshersnow.com. Move to the below sections to get the Daily Current Affairs 20 Feb 2023.
Daily Current Affairs 20th February 2023 | GK Today Current Affairs
1. When is the World Day of Social Justice observed?
A. February 20th
B. March 8th
C. December 10th
D. January 1st
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Ans: A
Explanation: The World Day of Social Justice is observed annually on February 20th. This day was established by the United Nations in 2007 to promote social justice and to address issues of poverty, exclusion, and unemployment around the world. The day aims to raise awareness about the importance of social justice in reducing inequality, promoting gender equality, and creating a world that is free from discrimination. It is an opportunity for people to come together to celebrate social justice achievements and to renew their commitment to promoting fairness and equality in their communities and around the world.
2. When did the Gupta Empire rule over ancient India?
A. From the beginning of the sixth century CE to the end of the eighth century CE.
B. From the beginning of the second century CE to the end of the fourth century CE.
C. From the beginning of the fourth century CE to the end of the sixth century CE.
D. From the beginning of the eighth century CE to the end of the tenth century CE.
Ans: C
Explanation: The Gupta Empire was a powerful ancient Indian empire that ruled over a large part of the Indian subcontinent from the beginning of the fourth century CE to the end of the sixth century CE. This period is considered as India’s “Golden Era” by historians, as it was marked by significant advancements in the fields of science, art, and architecture.
3. What is the India-Japan Army Exercise Dharma Guardian?
A. A military exercise between India and Japan focused on air warfare tactics.
B. A joint naval exercise between India and Japan focused on amphibious operations.
C. A joint army exercise between India and Japan focused on counter-terrorism and disaster relief operations.
D. A space mission between India and Japan to explore Mars.
Ans: C
Explanation: On 17th February 2023, the 4th Edition of the India-Japan Army Exercise Dharma Guardian commenced at Campo Imazu in the Shiga province of Japan. This joint exercise is an annual military training exercise between India and Japan, which focuses on counter-terrorism and disaster relief operations. The exercise aims to strengthen the bilateral relationship between the two countries and enhance their military cooperation.
4. What is the OECD STRI Index?
A. A global index of countries’ industrial output.
B. A global index of countries’ scientific research output.
C. A global index of countries’ environmental performance.
D. A global index of countries’ tourism revenue.
Ans: B
Explanation: India ranked 47th in the latest edition of the OECD Services Trade Restrictiveness Index (STRI), which tracks and measures regulations that restrict trade in the services sector. The index is based on an analysis of more than 40 different policy measures across 22 service sectors, covering areas such as professional services, transport, telecommunications, and retail.
5. Where was the 12th World Hindi Conference held?
A. India
B. Fiji
C. United States
D. United Kingdom
Ans: B
Explanation: 12th World Hindi Conference was an international conference focused on the promotion of the Hindi language and literature. The conference was held in Fiji, a country with a significant population of Hindi speakers. It was organized by the Indian government’s Ministry of External Affairs in collaboration with the government of Fiji.
6. What are the RBI guidelines on Interest Rate Risk in Banking Books?
A. Guidelines for managing interest rate risk in the trading book of banks.
B. Guidelines for managing credit risk in the banking book of banks.
C. Guidelines for managing operational risk in the banking book of banks.
D. Guidelines for managing liquidity risk in the banking book of banks.
Ans: A
Explanation: The Reserve Bank of India (RBI) issued final guidelines on Interest Rate Risk in Banking Book (IRRBB) in order to manage interest rate risk and to enhance the stability of the banking system. The guidelines mandate banks to measure, monitor and disclose their exposure to IRRBB, which may have an impact on their capital base and future earnings.
7. What is UPI Lite?
A. A simplified version of the Unified Payments Interface (UPI) developed by the National Payments Corporation of India (NPCI).
B. A mobile wallet developed by Paytm Payments Bank for its customers.
C. A new feature in the Paytm app that allows users to make international payments.
D. A new feature in the UPI app that allows users to transfer money to non-UPI accounts.
Ans: A
Explanation: UPI Lite is a simplified version of the Unified Payments Interface (UPI) developed by the National Payments Corporation of India (NPCI). It is designed to make digital transactions simpler and more accessible for people who are not familiar with the UPI app. The UPI Lite feature enables users to make transactions without downloading the UPI app or creating a virtual payment address. It is a web-based payment option that can be accessed using a smartphone or a computer. With UPI Lite, users can make payments and transfers using just their mobile number and bank account details, without having to remember any additional information or passwords.
8. What is the new liquor policy passed by the Madhya Pradesh Government?
A. A policy that allows the sale of liquor in shopping malls and multiplexes.
B. A policy that allows only licensed shops to sell liquor in the state.
C. A policy that imposes a complete ban on the sale and consumption of liquor on weekends.
D. A policy that prohibits the sale and consumption of all types of liquor in the state.
Ans: D
Explanation: The Madhya Pradesh State Cabinet has approved a new liquor policy, which includes a ban on areas attached to bars where customers can drink alcohol. The policy, known as the “New Excise Policy,” was introduced after a demand from BJP leader Uma Bharati.
9. When are the Budget sessions of the Andhra Pradesh legislature likely to begin?
A. March 4
B. March 3
C. Feb 27
D. March 6
Ans: C
Explanation: According to sources, the Andhra Pradesh legislature’s Budget sessions are expected to be held for two weeks starting on February 27th. The government is considering adjourning the sessions after two days and resuming on March 6th, due to the Global Investors Summit-2023 taking place in Visakhapatnam on March 3rd and 4th. The session notification will be issued after the agenda is finalized.
10. Which of the following is true about Dr. Dasari Prasada Rao?
A. He is the founder of Nano Hospitals.
B. He is a former director of the Nizam Institute of Medical Sciences.
C. He has received the lifetime achievement award from IACTS.
D. All of the above.
Ans: D
Explanation: The Nano Hospitals chairman, Dr. Dasari Prasada Rao, a former director of the Nizam Institute of Medical Sciences, was recently honored with the lifetime achievement award by the Indian Association of Cardiovascular Thoracic Surgeons (IACTS).
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