4th May 2023 Current Affairs Quiz

4th May 2023 Current Affairs
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4th May 2023 Current Affairs Quiz – Keeping up with the latest happenings around the world is essential, and what better way to do that than to test your knowledge with our Current Affairs Quiz? In today’s quiz, we will cover a wide range of topics, including international affairs, technology, sports, and much more. So, get ready to put your thinking caps on and test your knowledge with our 4th May 2023 Current Affairs Quiz.

4th May 2023 Current Affairs | Today GK Quiz

1. When is Coal Miners Day celebrated in India?

A) January 26th
B) May 4th
C) October 2nd
D) December 25th

Answer: B) May 4th

Explanation: Coal Miners Day is celebrated in India on May 4th each year. It is observed to acknowledge the contributions and sacrifices made by coal miners and to promote their health and safety needs.

2. What was the purpose of the Indian government’s 5-year development plan?

A) To improve the working conditions and wages of coal miners
B) To establish the first underground coal mine in India
C) To commemorate the day when the first coal mine was opened in Scotland
D) To fulfill the burgeoning need for energy in the country

Answer: D) To fulfill the burgeoning need for energy in the country

Explanation: Following India’s independence, there was a surge in the demand for coal, prompting the government to devise a 5-year development plan to fulfill the burgeoning need for energy. The plan aimed to increase coal production in the country to meet the growing energy requirements.

3. Who nominated Ajay Banga for the position of President of the World Bank?

A) Margherita Della Valle
B) Donald Trump
C) Joe Biden
D) David Malpass

Answer: C) Joe Biden

Explanation: Ajay Banga was nominated for the position of President of the World Bank by US President Joe Biden in February.

4. What is the focus of this year’s Arabian Travel Market (ATM) event?

A) Promoting inbound travel to India from the Middle East and North Africa region
B) Showcasing the diverse cultural and tourism offerings of India
C) Reducing carbon emissions in the travel industry
D) Establishing collaborations with industry players and enhancing relations with the tourism industry

Answer: C) Reducing carbon emissions in the travel industry

Explanation: The focus of this year’s Arabian Travel Market (ATM) event is on reducing carbon emissions in the travel industry. The Indian pavilion at the event is showcasing the eco-friendly initiatives of the country, including sustainable tourism practices and responsible wildlife tourism.

5. According to data from the Reserve Bank of India (RBI), what is the projected value of the Indian outbound tourism market by 2024?

A) $10 billion
B) $27 million
C) $42 billion
D) 43%

Answer: C) $42 billion

Explanation: According to data from the Reserve Bank of India (RBI), the annual number of outbound journeys by Indian nationals is projected to surpass 27 million, with a total value of more than $42 billion by 2024.

6. Who is the athlete who made the highest amount of money in 2023 according to Forbes?

A) Kylian Mbappé
B) Cristiano Ronaldo
C) Lionel Messi
D) LeBron James

Answer: B) Cristiano Ronaldo

Explanation: According to Forbes, Cristiano Ronaldo made $136 million in 2023, which is the highest among all athletes.

7. How does Forbes calculate an athlete’s earnings?

A) Prize money, salaries and bonuses
B) Sponsorship deals, appearance fees, and memorabilia and licensing income
C) Cash returns from businesses operated by the athlete
D) All of the above

Answer: D) All of the above

Explanation: Forbes calculates an athlete’s on-field earnings based on prize money, salaries and bonuses, while off-field earnings are an estimate of sponsorship deals, appearance fees, and memorabilia and licensing income. It also includes cash returns from businesses operated by the athlete.

8. What is expected to drive the growth of merchant payments through UPI in India, according to the report by Bain & Company?

A) Greater use of cash for transactions
B) Decreased adoption of UPI by merchants
C) Introduction of new payment capabilities and international payment lanes on the domestic payment railroad
D) Decrease in government payments and subsidies

Answer: C) Introduction of new payment capabilities and international payment lanes on the domestic payment railroad.

Explanation: The report by Bain & Company states that merchant payments over the Unified Payments Interface (UPI) in India are expected to grow by 40 to 50 percent to reach $1 trillion by the fiscal year (FY) 2026, driven by greater awareness, increased merchant adoption of UPI, new payment capabilities like UPI Lite and UPI 123 Pay, and the introduction of international payment lanes on the domestic payment railroad.

9. What was the finding of the National Manufacturing Innovation Survey (NMIS) 2021-22 about the innovation in manufacturing in Northeastern states (excluding Assam) and Bihar?

A) Innovation in manufacturing is highest in Northeastern states and Bihar.
B) Innovation in manufacturing is lowest in Northeastern states and highest in Bihar.
C) Innovation in manufacturing is lowest in Northeastern states (excluding Assam) and Bihar.
D) Innovation in manufacturing is highest in Northeastern states (excluding Assam) and lowest in Bihar.

Answer: C) Innovation in manufacturing is lowest in Northeastern states (excluding Assam) and Bihar.

Explanation: The NMIS 2021-22 found that innovation in manufacturing is the lowest in the Northeastern states (excluding Assam), followed by Bihar.

10. Which states had the highest share of innovative firms among the total manufacturing firms surveyed from the respective states, according to the NMIS 2021-22 report?

A) Odisha, Bihar, and Jharkhand
B) Telangana, Karnataka, and Tamil Nadu
C) Jharkhand, Odisha and Andhra Pradesh
D) Maharashtra, Haryana, and Uttarakhand

Answer: B) Telangana, Karnataka, and Tamil Nadu

Explanation: According to the NMIS 2021-22 report, Telangana, Karnataka, and Tamil Nadu had the highest share of innovative firms at 46.18 per cent, 39.10 per cent and 31.90 per cent, respectively, among the total manufacturing firms surveyed from the respective states.

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