August 14, 2023 Current Affairs

1.What is India's ranking among the trading partners of Angola?

A.   First

B.   Second

C.   Third

D.   Fourth

Answer: Option C

Explanation:

India's position as the third largest trading partner of Angola underscores the strength and potential of the bilateral trade relationship. The exponential growth in trade volume and the mutually beneficial outcomes highlight the immense value that both countries derive from this partnership. As India and Angola continue to collaborate and explore new avenues of cooperation, the future looks promising for their economic ties.

2.How much money has the government disbursed till March 2023 under the Production Linked Incentive (PLI) scheme?

A.   2,900 crore rupees

B.   13000 rupees

C.   16,900 crore rupees

D.   1,300 crore rupees

Answer: Option A

Explanation:

The Production Linked Incentive (PLI) scheme has emerged as a game-changer for Indian industries. With its financial incentives and performance-based approach, the scheme has successfully attracted investments, stimulated production, and boosted the country's manufacturing capabilities. As of March 2023, the government has disbursed an impressive amount of 2,900 crore rupees under the PLI scheme. This substantial investment showcases the government's commitment to driving economic growth and promoting domestic manufacturing. As the scheme continues to evolve and expand, it holds the promise of transforming India into a manufacturing powerhouse on the global stage.

3.Which government enterprise achieved an all-time high Quarterly Profit After Tax and Profit Before Tax in the 1st Quarter of the fiscal year 2023-24?

A.   Earth System Science Organization

B.   National Fertilizers Limited

C.   Karnataka Antibiotics and Pharmaceuticals

D.   Indian Renewable Energy Development Agency Ltd.

Answer: Option D

Explanation:

The outstanding performance of the Indian Renewable Energy Development Agency Ltd. in the 1st Quarter of 2023-24 is a testament to its commitment to renewable energy development in India. With its record-breaking Quarterly PAT and PBT, IREDA has not only showcased its financial strength but also demonstrated the immense potential of the renewable energy sector. As India continues its journey towards a greener and more sustainable future, IREDA will undoubtedly play a crucial role in driving the nation's renewable energy ambitions forward.

4.What is the name of the collaborative project between One District One Product and Deendayal Antyodaya Yojana - National Rural Livelihoods Mission?

A.   ODOP Initiative

B.   DAY-NRLM Wall

C.   Innovative District Program

D.   ODOP Wall

Answer: Option D

Explanation:

The collaborative effort between ODOP Initiative and DAY-NRLM has given birth to the captivating and innovative ODOP Wall. This amalgamation of art, culture, and entrepreneurship has the power to transform districts, uplift rural communities, and promote sustainable development. With the ODOP Wall, we witness a harmonious blend of tradition and innovation, showcasing the true essence of India's rich diversity. Let us embrace this remarkable initiative and support the flourishing of our local products, artisans, and communities.

5.What is the height of the tallest flagpole in India located in Belagavi, Karnataka?

A.   254 feet

B.   361 feet

C.   478 feet

D.   590 feet

Answer: Option B

Explanation:

the tallest flagpole in India, situated in the captivating city of Belagavi, Karnataka, stands tall as a testament to our nation's spirit and grandeur. With its remarkable height of 361 feet, it beckons visitors to witness this architectural marvel and embrace the pride it represents. So, next time you find yourself in Belagavi, don't miss the opportunity to gaze upon this majestic symbol of national unity.

6.How many railway stations are initially selected for the pilot project of Pradhan Mantri Bhartiya Janaushadhi Kendras (PMBJKs)?

A.   25

B.   50

C.   75

D.   100

Answer: Option B

Explanation:

The Pradhan Mantri Bhartiya Janaushadhi Kendras (PMBJKs) project, with its pilot phase at fifty selected railway stations, marks a significant stride towards enhancing healthcare accessibility in India. By bringing affordable generic medicines closer to the masses, PMBJKs aim to bridge the gap in healthcare services and empower local entrepreneurs. This visionary initiative has the potential to revolutionize healthcare delivery, ensuring that quality medicines are within reach for all. With continued efforts and expansion, PMBJKs can pave the way for a healthier and more inclusive India.

7.What is the title of the two Investor Awareness Vans launched by the Investor Education and Protection Fund Authority (IEPFA)?

A.   Financial Guardian

B.   Investor Insight

C.   Niveshak Sarathi

D.   Wealth Mentor

Answer: Option C

Explanation:

The launch of Niveshak Sarathi vans by the IEPFA is a commendable step towards empowering investors and promoting financial independence. By providing comprehensive investor education and fostering collaborations, these mobile units are paving the way for a more financially literate nation. Through their efforts, the IEPFA is working towards transforming unawareness into financial empowerment, ultimately benefiting individuals and the economy as a whole.

8.Which organization's resolution plan for 2 Srei group companies was approved by the National Company Law Tribunal's Kolkata bench?

A.   Securities and Exchange Board of India (SEBI)

B.   State Bank of India (SBI)

C.   Reserve Bank of India (RBI)

D.   National Asset Reconstruction Company Limited (NARCL)

Answer: Option D

Explanation:

The approval of National Asset Reconstruction Company Limited's resolution plan for Srei Infrastructure Finance Ltd and Srei Equipment Finance Ltd by the National Company Law Tribunal's Kolkata bench is a significant milestone in the insolvency resolution process. It brings hope for the revival of these prominent companies and showcases the collective efforts of stakeholders involved. As the implementation of the plan unfolds, all eyes will be on the progress and outcomes, which will shape the future of the infrastructure financing landscape in India.

9.When is Partition Horrors Remembrance Day observed in India?

A.   14 August

B.   15 August

C.   26 January

D.   2 October

Answer: Option A

Explanation:

Partition Horrors Remembrance Day on 14th August serves as a solemn occasion for India to remember and honor the victims of the partition. By commemorating this day, the nation acknowledges the immense suffering endured during that period and strives to promote unity, understanding, and peace among its diverse communities. Through educational initiatives, personal stories, and collective remembrance, India aims to ensure that the memories of the partition horrors remain alive, reminding us of the importance of empathy, tolerance, and the pursuit of a harmonious society.

10.Where was the Bhumi Pujan and foundation stone-laying ceremony for the IFFCO Nano DAP (Liquid) Plant held recently?

A.   Mumbai, Maharashtra

B.   Gandhidham, Gujarat

C.   Kolkata, West Bengal

D.   New Delhi, Delhi

Answer: Option B

Explanation:

The Bhumi Pujan and foundation stone-laying ceremony for the IFFCO Nano DAP Plant in Gandhidham, Gujarat, signifies a monumental step towards agricultural progress. This revolutionary liquid fertilizer has the potential to transform farming practices and enhance crop productivity. With the support of the government and visionary leaders like Shri Amit Shah, the IFFCO Nano DAP Plant is poised to redefine the future of agriculture in India and beyond.

11.Who inaugurated the Direct Benefit Transfer in the National Apprenticeship Promotion Scheme?

A.   Shri Dharmendra Pradhan

B.   Dr. Manmohan Singh

C.   Smt. Nirmala Sitharaman

D.   Shri Narendra Modi

Answer: Option A

Explanation:

The inauguration of Direct Benefit Transfer (DBT) in the National Apprenticeship Promotion Scheme (NAPS) by Shri Dharmendra Pradhan signifies a significant leap forward in strengthening apprenticeship training in India. This groundbreaking initiative not only promotes transparency and efficiency but also encourages the active involvement of industries and young individuals. The DBT implementation will undoubtedly contribute to a skilled and empowered workforce, fueling the nation's progress and development.

12.How many Heron Mark 2 drones have been recently inducted by the Indian Air Force?

A.   Two

B.   Three

C.   Four

D.   Five

Answer: Option C

Explanation:

The recent induction of four Heron Mark 2 drones by the Indian Air Force marks a significant milestone in the realm of defense technology. These technologically advanced drones possess the capability to conduct surveillance, gather intelligence, and strike targets with precision. With their deployment at a forward air base in the northern sector, these drones bolster border security and enhance national defense capabilities.

13.With which bank has Kotak Mahindra Life Insurance Company formed a corporate agency tie-up to offer life insurance?

A.   HDFC Bank

B.   State Bank of India (SBI)

C.   ESAF Small Finance Bank (ESAF Bank)

D.   ICICI Bank

Answer: Option C

Explanation:

The corporate agency tie-up between Kotak Mahindra Life Insurance Company and ESAF Small Finance Bank marks a significant milestone in the insurance industry. By joining forces, these two institutions are set to enhance the accessibility and availability of life insurance solutions for customers. This collaboration not only strengthens their respective positions but also contributes to the overall growth and development of the insurance sector in India.

14.What is the name of the specialized microsite introduced by MakeMyTrip to facilitate this travel initiative?

A.   India Explorer

B.   Travel Insights

C.   Voyager's Guide

D.   Traveller's Map of India

Answer: Option D

Explanation:

MakeMyTrip's introduction of the specialized microsite, Traveller's Map of India, in collaboration with the Ministry of Tourism, brings a refreshing approach to travel planning in India. By highlighting over 600 unique and unconventional destinations, this initiative opens up a world of exploration and discovery for travelers. Whether you're an avid adventurer or seeking a break from the ordinary, the Traveller's Map of India is your gateway to uncovering the hidden treasures of this incredible country.

15.Who has been appointed as the new captain of the Bangladesh One-Day International cricket team?

A.   Shakib Al Hasan

B.   Tamim Iqbal

C.   Nazmul Hassan Papon

D.   Mushfiqur Rahim

Answer: Option A

Explanation:

Shakib Al Hasan's appointment as the captain of the Bangladesh ODI cricket team marks a significant milestone in the team's journey. His exceptional cricketing skills, leadership qualities, and experience make him the perfect fit for this role. As the team moves forward with newfound energy and determination, it will be exciting to see how Shakib Al Hasan leads the team to success in the upcoming matches and tournaments.

16.Which of the following countries does NOT celebrate its independence on August 15?

A.   India

B.   South Korea

C.   Bahrain

D.   Pakistan

Answer: Option D

Explanation:

August 15th is a day of celebration and reflection for many countries across the globe. From India's grand festivities to South Korea's Liberation Day, Bahrain's National Day, and Liechtenstein's modest yet meaningful celebrations, each nation's independence holds unique importance. As we commemorate these historic events, let us also appreciate the diversity and unity that defines our world.

17.In which tournament did the Indian hockey team win for the fourth time by defeating Malaysia 4-3 in the final?

A.   Asian Champions Trophy 2023

B.   Hockey World Cup 2023

C.   Olympics 2023

D.   Dhanraj Championship 2023

Answer: Option A

Explanation:

The victory of the Indian hockey team at the Asian Champions Trophy 2023 is a testament to their hard work, dedication, and unwavering spirit. This triumph not only adds another accolade to their storied history but also serves as an inspiration to aspiring athletes across the nation. The team's performance throughout the tournament and their remarkable victory in the final will be etched in the annals of Indian hockey, reminding us of the immense talent and potential that lies within our sporting fraternity. Congratulations to the Indian hockey team for their outstanding achievement!