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31st October 2023 Current Affairs Quiz: Welcome to the 31st October 2023 Current Affairs Quiz! In this quiz, we will test your knowledge of the latest events, developments, and news from around the world. Stay up to date with the most significant happenings in politics, economics, technology, and more as you tackle these thought-provoking questions. Put your current affairs expertise to the test and see how well you’ve been following the events that are shaping our world as of 31st October 2023. Are you ready to dive into the world of current affairs and test your knowledge? Let’s get started!
31st October 2023 Current Affairs | Today GK Quiz
1. What is the main focus of Prime Minister Narendra Modi’s visit to Gujarat’s Mehsana district?
A) Inaugurating railway projects
B) Paying homage to Sardar Patel
C) Launching water-related projects
D) Promoting tourism in the region
Answer: B) Paying homage to Sardar Patel
Explanation: Prime Minister Narendra Modi’s visit includes paying homage to India’s first deputy prime minister, Sardar Patel, at the Statue of Unity in Ektanagar.
2. Which of the following is NOT part of the Green Initiative projects inaugurated by PM Modi?
A) E-buses
B) Dragon fruit nursery
C) Lift Irrigation Project
D) 4 MW solar panel system
Answer: C) Lift Irrigation Project
Explanation: The Lift Irrigation Project is not mentioned as part of the Green Initiative projects.
3. What is the primary nature of research being conducted by the Chinese research vessel Shiyan 6 off the Sri Lankan coast?
A) Geophysical exploration
B) Marine life conservation
C) Air quality monitoring
D) Cultural heritage research
Answer: A) Geophysical exploration
Explanation: The research mission of Shiyan 6 is focused on geophysical exploration.
4. Which countries expressed concerns about the visit of the Chinese research vessel Shiyan 6 to Sri Lanka?
A) China and India
B) India and the United States
C) Sri Lanka and China
D) Japan and South Korea
Answer: B) India and the United States
Explanation: Both India and the United States expressed concerns about the vessel’s visit to Sri Lanka, as mentioned in the article.
5. What significant achievement has Kerala, a state in India, recently accomplished in the field of gold jewelry?
A) Kerala has become the largest gold producer in India.
B) Kerala has established the first-ever gold mine in India.
C) Kerala inaugurated hallmarking centers in all of its 14 districts.
D) Kerala became the leading exporter of gold jewelry in India.
Answer: C) Kerala inaugurated hallmarking centers in all of its 14 districts.
Explanation: Kerala has become the first state in India to establish hallmarking centers in all of its 14 districts, as mentioned in the article.
6. What is the primary purpose of BIS hallmarking for gold jewelry and artifacts, as mandated by the Bureau of Indian Standards (BIS)?
A) To regulate the gold mining industry in India
B) To ensure the accurate determination of gold prices
C) To provide unique identification numbers for gold pieces
D) To protect consumers from unscrupulous jewelers and ensure the quality of gold ornaments.
Answer: D) To protect consumers from unscrupulous jewelers and ensure the quality of gold ornaments.
Explanation: BIS hallmarking for gold jewelry and artifacts is primarily aimed at protecting consumers and ensuring the quality and accuracy of gold ornaments, as mentioned in the article.
7. What significant change in regulations has the Reserve Bank of India (RBI) recently announced for District Central Co-operative Banks (DCCBs)?
A) DCCBs can close branches without any approval.
B) DCCBs need approval from the RBI to close branches.
C) DCCBs require approval from the Registrar of Cooperative Societies to close branches.
D) DCCBs can close branches only after a year of notice to the RBI.
Answer: C) DCCBs require approval from the Registrar of Cooperative Societies to close branches.
Explanation: The RBI allows DCCBs to close branches with approval from the Registrar of Cooperative Societies, as mentioned in the article.
8. What is one of the key requirements imposed by the RBI for District Central Co-operative Banks (DCCBs) when closing branches, as per the updated regulations?
A) DCCBs must provide a one-month notice in advance of branch closures.
B) DCCBs must get approval from the central bank for every closure.
C) DCCBs should document the closure decisions in the minutes of the Board meeting.
D) DCCBs should publish closure notices only on their websites.
Answer: C) DCCBs should document the closure decisions in the minutes of the Board meeting.
Explanation: The RBI’s updated regulations require DCCBs to document their closure decisions in the minutes of the Board meeting, as stated in the article.
9. What is the key trend revealed in the income tax return statistics for the assessment year 2021-22?
A) A decrease in the number of individual taxpayers
B) A significant increase in the number of individuals filing returns
C) A reduction in income inequality among taxpayers
D) A decline in the total income earned by the top 1 percent of taxpayers
Answer: B) A significant increase in the number of individuals filing returns
Explanation: The statistics show a significant increase in the number of individuals filing income tax returns in the assessment year 2021-22.
10. What is a concerning trend highlighted in the income tax data?
A) A decrease in the number of individuals paying nil taxes
B) A reduction in income inequality among taxpayers
C) A substantial number of individuals within the tax net failing to file tax returns
D) A significant increase in the proportionate contribution of gross total income from the top 1 percent of taxpayers
Answer: C) A substantial number of individuals within the tax net failing to file tax returns
Explanation: The data highlights a concerning trend of a substantial number of individuals within the tax net not filing their tax returns.
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