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5th September 2023 Current Affairs Quiz – Are you ready to test your knowledge and stay updated with the latest events? It’s time for the 5th September 2023 Daily Current Affairs Quiz! Challenge yourself with questions on the most relevant news and developments from around the world. Stay informed, stay ahead!
5th September 2023 Current Affairs | Today GK Quiz
1. What role did Savitribai Phule play in education in India?
A) She was the first female teacher in India.
B) She was the first female principal in India.
C) She was the first female superintendent in India.
D) She was the first female school inspector in India.
Answer: A) She was the first female teacher in India.
Explanation: Savitribai Phule is known as the first female teacher in India.
2. What is the main objective of the Memorandum of Understanding (MoU) between Bharat Electronics Limited (BEL) and Israel Aerospace Industries (IAI)?
A) To strengthen domestic manufacturing in India.
B) To boost commercial markets in Israel.
C) To develop space technologies.
D) To enhance cooperation in Short Range Air Defence Systems.
Answer: D) To enhance cooperation in Short Range Air Defence Systems.
Explanation: The MoU between BEL and IAI aims to enhance cooperation in addressing India’s requirements in the domain of Short Range Air Defence Systems.
3. How does the MoU between BEL and IAI align with the Government of India’s policies?
A) It promotes international partnerships.
B) It supports foreign defense capabilities.
C) It emphasizes domestic manufacturing and self-sufficiency in defense.
D) It encourages outsourcing of defense technologies.
Answer: C) It emphasizes domestic manufacturing and self-sufficiency in defense.
Explanation: The MoU between BEL and IAI aligns with the ‘Atmanirbhar Bharat’ (Self-Reliant India) and ‘Make in India’ policies of the Government of India, which emphasize the importance of domestic manufacturing and self-sufficiency in defense capabilities.
4. Why did Morgan Stanley revise its economic growth forecast for India for fiscal year 2024?
A) Due to weak global economic conditions.
B) Because of fluctuations in global commodity prices.
C) Following a strong performance of the Indian economy in Q1 2024.
D) As a response to the government’s supply-side initiatives.
Answer: C) Following a strong performance of the Indian economy in Q1 2024.
Explanation: Morgan Stanley revised its economic growth forecast for India in fiscal year 2024 because of the strong performance of the Indian economy in the first quarter of 2024.
5. What are some factors contributing to India’s economic growth according to Morgan Stanley?
A) Weak Goods and Services Tax (GST) collections and credit growth.
B) Fluctuations in global commodity prices.
C) Strong Purchasing Managers’ Index (PMI) and domestic demand.
D) Idiosyncratic weather conditions.
Answer: C) Strong Purchasing Managers’ Index (PMI) and domestic demand.
Explanation: Morgan Stanley attributes India’s economic growth to factors such as strong Goods and Services Tax (GST) collections, credit growth, and a robust Purchasing Managers’ Index (PMI), indicating strong domestic demand.
6. Which country’s president will be notably absent from the G20 Summit 2023?
A) Russia
B) South Korea
C) China
D) United States
Answer: A) Russia
Explanation: Russian President Vladimir Putin will be absent from the G20 Summit, and Foreign Minister Sergey Lavrov will attend on Russia’s behalf.
7. What is the theme of the G20 Summit 2023 under India’s presidency?
A) “Solidarity for Global Peace”
B) “One Earth · One Family · One Future”
C) “Economic Prosperity and Sustainability”
D) “Global Climate Action”
Answer: B) “One Earth · One Family · One Future”
Explanation: The theme of the G20 Summit 2023 under India’s presidency is “Vasudhaiva Kutumbakam” or “One Earth · One Family · One Future,” drawing inspiration from the ancient Sanskrit text of the Maha Upanishad.
8. According to the Reserve Bank of India (RBI) data, what was the annual growth rate of credit outstanding in the housing segment in July 2023?
A) 24.28%
B) 37.4%
C) 38.1%
D) 63%
Answer: B) 37.4%
Explanation: The annual growth rate of credit outstanding in the housing segment in July 2023 was approximately 37.4%.
9. What is driving the revival in the commercial real estate segment, according to the provided information?
A) Decreasing property prices
B) Declining interest rates
C) Return of employees to offices
D) Government subsidies for real estate
Answer: C) Return of employees to offices
Explanation: The revival in the commercial real estate segment is attributed to the return of employees to offices, which is driving demand for quality commercial spaces.
10. Who is the Chairman of the Indian Ocean Rim Association (IORA) and was invited to the 43rd ASEAN Summit by Indonesia?
A) President Joko Widodo
B) Cook Islands PM Mark Brown
C) First Lady Iriana
D) President of Bangladesh Mohammed Shahabuddin
Answer: D) President of Bangladesh Mohammed Shahabuddin
Explanation: President of Bangladesh Mohammed Shahabuddin, who also serves as Chairman of the Indian Ocean Rim Association (IORA), was invited to the 43rd ASEAN Summit by Indonesia.
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