29th August 2023 Current Affairs Quiz

29th August 2023 Current Affairs
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29th August 2023 Current Affairs Quiz: Welcome to the 29th August 2023 Current Affairs Quiz! Stay updated with the latest happenings from around the world by testing your knowledge on key events, significant developments, and notable achievements that have shaped today’s news landscape. This quiz will provide you with a chance to engage with important topics and enhance your awareness of the current affairs that are influencing our global community. So, let’s dive in and challenge ourselves with the intriguing events of the day!

29th August 2023 Current Affairs | Today GK Quiz

1. What is the significance of the commemorative postage stamp unveiled by President Draupadi Murmu in memory of Dadi Prakashmani?

A) It marks the anniversary of the founding of Brahma Kumaris.
B) It symbolizes the global reach of Indian values and culture.
C) It highlights the achievements of the Department of Posts.
D) It celebrates the birthday of President Draupadi Murmu.

Answer: B) It symbolizes the global reach of Indian values and culture.

Explanation: The commemorative postage stamp unveiled in memory of Dadi Prakashmani by President Draupadi Murmu holds deep significance as it symbolizes the enduring influence of Dadi Prakashmani’s contribution to spirituality and society, immortalizing her legacy and the positive change she brought. It also represents the Indian values and culture that she spread beyond national boundaries.

2. What was the role of Dadi Prakashmani in the Brahma Kumaris organization?

A) She founded the Brahma Kumaris organization.
B) She was the first President of India.
C) She led the Brahma Kumaris to become a global spiritual institution.
D) She was a renowned artist and cultural icon.

Answer: C) She led the Brahma Kumaris to become a global spiritual institution.

Explanation: Dadi Prakashmani played a pivotal role in the Brahma Kumaris organization as its former chief. Her leadership and guidance led the Brahma Kumaris to become the world’s largest women-led spiritual institution, spreading Indian values and culture globally through the path of spirituality.

3. What was the distinguishing aspect of N T Rama Rao’s portrayal of characters from the Indian epics Ramayana and Mahabharata in Telugu films?

A) He introduced innovative storytelling techniques.
B) His performances transcended mere acting and led to reverence.
C) He focused on modern interpretations of the epics.
D) He incorporated elements of comedy into the characters.

Answer: B) His performances transcended mere acting and led to reverence.

Explanation: N T Rama Rao’s portrayal of characters from the Indian epics Ramayana and Mahabharata in Telugu films was so profoundly authentic that it transcended mere acting and led to a form of reverence, with people beginning to worship him.

4. Which political party did N T Rama Rao establish and represent during his tenure as the Chief Minister of United Andhra Pradesh?

A) Indian National Congress (INC)
B) Bharatiya Janata Party (BJP)
C) Telugu Desam Party (TDP)
D) Communist Party of India (CPI)

Answer: C) Telugu Desam Party (TDP)

Explanation: N T Rama Rao represented the Telugu Desam Party (TDP), a political entity he established in 1982. He assumed the role of Chief Minister for three consecutive terms in United Andhra Pradesh from 1983 to 1995 as a member of the TDP.

5. What was the theme of the B20 summit hosted by India?

A) One Earth, One Family, One Future
B) Vasudeva Katumbakam
C) Responsible, Accelerated, Innovative, Sustainable, Equitable Business
D) Unity and Cooperation for Sustainable Economic Development

Answer: C) Responsible, Accelerated, Innovative, Sustainable, Equitable Business

Explanation: The theme of the B20 summit hosted by India was “R.A.I.S.E.” which stands for Responsible, Accelerated, Innovative, Sustainable, and Equitable Business. This theme summarizes the core ideals that the B20 aims to propagate and prioritize during its discussions.

6. What is the primary objective of the B20, a group representing the business community at the G20 summit?

A) Promote cultural exchanges between member countries.
B) Advocate for environmental conservation and sustainability.
C) Develop actionable policy recommendations for economic growth.
D) Organize charitable initiatives for global development.

Answer: C) Develop actionable policy recommendations for economic growth.

Explanation: The B20’s primary objective is to form actionable policy recommendations that stimulate economic growth and development. This group, comprising representatives from various companies and business organizations, collaborates to establish consensus-based proposals to address global economic challenges and stimulate economic policies.

7. What is the main advantage of the Customer Service Points (CSP) functionality introduced by the State Bank of India (SBI)?

A) It enables customers to apply for credit cards.
B) It simplifies enrolling in social security schemes using Aadhaar cards.
C) It provides investment advice to customers.
D) It offers free financial education workshops.

Answer: B) It simplifies enrolling in social security schemes using Aadhaar cards.

Explanation: The newly introduced Customer Service Points (CSP) functionality by SBI allows customers to seamlessly enrol in essential social security schemes using their Aadhaar cards. Therefore, option B is the correct answer.

8. Which of the following social security schemes can customers enrol in using SBI’s Aadhaar-powered Customer Service Points (CSP) functionality?

A) Pradhan Mantri Jan Dhan Yojana (PMJDY)
B) Atal Pension Yojana (APY)
C) Kisan Credit Card (KCC) scheme
D) Swachh Bharat Abhiyan

Answer: B) Atal Pension Yojana (APY)

Explanation: Customers can enrol in key schemes such as the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), and Atal Pension Yojana (APY) using the Aadhaar-powered Customer Service Points (CSP) functionality. Therefore, option B is the correct answer

9. What was the primary reason for the decline in Foreign Direct Investment (FDI) inflows into India during the first quarter of fiscal year 2023-24?

A) Increased investments in key sectors.
B) Growth in computer hardware and software sectors.
C) Reduced investments in sectors like telecommunications and automotive.
D) Rise in FDI inflows from the United Arab Emirates (UAE).

Answer: C) Reduced investments in sectors like telecommunications and automotive.

Explanation: The noteworthy decline in FDI inflows during the first quarter of FY23-24 was primarily influenced by reduced investments in key sectors such as computer hardware and software, telecommunications, automotive, and pharmaceuticals. Therefore, option C is the correct answer.

10. Which countries have shown an increase in FDI inflows to India during the period under consideration?

A) Singapore, Mauritius, and the United States (US)
B) The United Kingdom (UK), the Cayman Islands, and Cyprus
C) Japan, Germany, and the Netherlands
D) The United Arab Emirates (UAE), Cyprus, and the Cayman Islands

Answer: C) Japan, Germany, and the Netherlands

Explanation: FDI inflows from the Netherlands, Japan, and Germany have increased during the period under consideration. Therefore, option C is the correct answer.

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