29th May 2023 Current Affairs Quiz

29th May 2023 Current Affairs
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29th May 2023 Current Affairs Quiz – Have a look at today’s edition of the Daily Current Affairs Quiz, focusing on the latest events and developments from around the world. Stay informed and test your knowledge with our 29th May 2023 Current Affairs Quiz. Explore a wide range of topics, including politics, economics, technology, and more. Let’s dive into the quiz and see how well you are keeping up with the current affairs of the day. Good luck!

29th May 2023 Current Affairs | Today GK Quiz

1. Why is May 29th significant for the International Day of UN Peacekeepers?

A) It marks the anniversary of the establishment of the United Nations.
B) It commemorates fallen peacekeepers who have lost their lives.
C) It symbolizes the global movement for peace and security.
D) It recognizes the contributions of peacekeepers in conflict zones.

Answer: A) It marks the anniversary of the establishment of the United Nations.

Explanation: May 29th was chosen as the date for the International Day of UN Peacekeepers because it marks the anniversary of the establishment of the United Nations Truce Supervision Organization (UNTSO), which was the first-ever peacekeeping operation conducted by the United Nations.

2. What is the theme of the 75th anniversary of the International Day of UN Peacekeepers?

A) Strengthening International Peacekeeping
B) Peace begins with me
C) Promoting Awareness and Understanding
D) Advocating for Peace and Security

Answer: B) Peace begins with me

Explanation: The theme of the 75th anniversary of the International Day of UN Peacekeepers is “Peace begins with me.” This theme recognizes the service and sacrifice of peacekeepers and emphasizes the need for collective action and cooperation to promote peace.

3. What was the focus of Prime Minister Modi’s address during the 8th Governing Council Meeting of Niti Aayog?

A) Promoting millet cultivation and water conservation
B) Ensuring fiscal discipline and infrastructure development
C) Skilling the Indian workforce and supporting MSMEs
D) Collaboration for state-specific challenges

Answer: D) Collaboration for state-specific challenges

Explanation: Chief Ministers and Lieutenant Governors discussed specific issues that require cooperation between the center and states. This indicates that the focus of Prime Minister Modi’s address was on collaboration for state-specific challenges.

4. Which program was highlighted as an example of cooperative and competitive federalism?

A) Amrit Sarovar program
B) Aspirational Districts Programme (ADP)
C) Gati Shakti Portal
D) Ekta Malls

Answer: B) Aspirational Districts Programme (ADP)

Explanation: The Prime Minister lauded Niti Aayog’s initiatives aimed at strengthening cooperative and competitive federalism, such as the Aspirational Districts Programme (ADP). Therefore, the ADP is the program highlighted as an example of cooperative and competitive federalism.

5. What was the primary objective of the Sudarshan Shakti Exercise 2023?

A) To enhance the Indian Army’s combat power and logistic support capabilities
B) To strengthen the forces’ readiness to counter unconventional challenges
C) To transform the Indian Army by embracing new technologies and innovative strategies
D) To validate operational plans in a network-centric environment

Answer: C) To transform the Indian Army by embracing new technologies and innovative strategies

Explanation: The primary objective of the Sudarshan Shakti Exercise 2023 was to initiate the transformation of the Indian Army by embracing new technologies and adopting innovative strategies.

6. Among the listed banks, which bank has the highest Provision Coverage Ratio (PCR)?

A) HDFC Bank
B) Bank of Maharashtra
C) UCO Bank
D) Indian Bank

Answer: B) Bank of Maharashtra

Explanation: The Bank of Maharashtra has the highest Provision Coverage Ratio of 98.28%.

7. Which bank has the highest loan growth among scheduled commercial banks?

A) HDFC Bank
B) Federal Bank
C) Kotak Mahindra Bank
D) Bank of Maharashtra

Answer: D) Bank of Maharashtra

Explanation: The Bank of Maharashtra maintains its leading position in terms of loan growth among scheduled commercial banks, recording a remarkable 29.49% increase on an annual basis. Therefore, option D is the correct answer, indicating that Bank of Maharashtra has the highest loan growth.

8. Which credit rating agency forecasts the highest GDP growth rate for India in FY24?

A) Reserve Bank of India (RBI)
B) CARE Ratings
C) Moody’s Investors Service
D) Acuite Ratings & Research

Answer: C) Moody’s Investors Service

Explanation: Moody’s Investors Service forecasts India’s growth rate to be 6.5% for 2024, which is the highest among the options provided.

9. What are the primary factors that are expected to drive India’s economic growth in FY23-24?

A) Geopolitical tensions and slowing external demand
B) Improved agricultural output and rebounding contact-intensive sectors
C) Rising interest rates and lower external demand
D) Capital spending and infrastructure initiatives

Answer: B) Improved agricultural output and rebounding contact-intensive sectors

Explanation: The factors such as improved agricultural output and rebounding contact-intensive sectors, along with government initiatives, are expected to drive India’s economic growth in FY23-24.

10. Which company has been approved to develop the 669-megawatt (MW) Lower Arun Hydropower project in eastern Nepal?

A) Satluj Jal Vidyut Nigam (SJVN) Limited
B) Lower Arun Power Development Company
C) India’s state-owned SJVN
D) Arun-III Hydroelectric Project

Answer: A) Satluj Jal Vidyut Nigam (SJVN) Limited

Explanation: Satluj Jal Vidyut Nigam (SJVN) Limited has been approved to develop the 669-megawatt Lower Arun Hydropower project in eastern Nepal.

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