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May 3, 2023 Current Affairs

1. Which country's citizens are voting on reforms to enhance the President's power?

A.    Norway

B.    Oman

C.    Uzbekistan

D.    Kenya

Answer: Option: (C)

Explanation:

The ongoing voting process in Uzbekistan highlights the significance of citizen participation in shaping political reforms. It showcases the country's commitment to democratic principles and the importance of engaging citizens in decision-making processes. Regardless of the outcome, this process serves as a testament to the evolving political landscape of Uzbekistan and its desire to enhance the powers of its president.


 

2. Which country will train 1,000 Indian engineers for the bullet train project?

A.    Russia

B.    Bhutan

C.    Nepal

D.    Japan

Answer: Option: (D)

Explanation:

The decision by Japan to train 1,000 Indian engineers for the bullet train project marks a significant milestone in the bilateral relations between the two countries. Not only will this collaboration accelerate India's transportation modernization, but it also showcases the trust and confidence that Japan has in India's potential. As the project unfolds, it is expected to bring economic benefits, technological advancements, and a stronger bond between India and Japan. This partnership serves as a testament to the power of international cooperation in shaping a better future.


 

3. What is the turnover limit for businesses to be subject to new GST regulations?

A.    50 crore

B.    80 crore

C.    100 crore

D.    120 crore

Answer: Option: (C)

Explanation:

In the ever-evolving landscape of taxation, staying updated with the latest regulations is paramount for businesses. One such recent development is the implementation of new Goods and Services Tax (GST) regulations.


 

4. In which month did UPI transactions decline in volume and value terms?

A.    March

B.    June

C.    February

D.    April

Answer: Option: (D)

Explanation:

In the realm of digital transactions, Unified Payments Interface (UPI) has emerged as a prominent and widely used platform in India. However, in the year 2023, UPI transactions witnessed a decline in both volume and value terms during a specific month.


 

5. Which bank plans to roll out an e-distribution network to cover 50,000 more villages?

A.    RBI

B.    BOB

C.    HDFC

D.    PNB

Answer: Option: (C)

Explanation:

In a bid to expand its reach and enhance financial inclusion, HDFC Bank has recently announced its plans to roll out an e-distribution network that aims to cover an additional 50,000 villages. This ambitious initiative signifies the bank's commitment to bridging the gap between urban and rural areas, providing essential banking services to underserved communities. Let's delve deeper into this groundbreaking endeavor by HDFC Bank.


 

6. Which country's President visited the United States to strengthen ties amid tensions with China?

A.    Nigeria

B.    Philippines

C.    Indonesia

D.    Panama

Answer: Option: (B)

Explanation:

In a time of geopolitical complexities and shifting alliances, diplomatic visits play a crucial role in fostering international relationships. One such visit that has garnered significant attention recently is the trip of the Philippine President to the United States.


 

7. When is Ayushman Bharat Diwas celebrated every year?

A.    April 30

B.    April 29

C.    April 28

D.    April 27

Answer: Option: (A)

Explanation:

Ayushman Bharat Diwas, an annual celebration, brings attention to the significant strides made in providing accessible healthcare to all citizens. This day holds immense importance in recognizing the transformative impact of the Ayushman Bharat Yojana, India's largest health insurance scheme.


 

8. Which state government has published a glossary of Tamil words related to climate change?

A.    West Bengal

B.    Tamil Nadu

C.    Karnataka

D.    Rajasthan

Answer: Option: (B)

Explanation:

In a significant move towards preserving and promoting the Tamil language, the government of Tamil Nadu has taken a remarkable step by publishing a comprehensive glossary of Tamil words specifically related to climate change. This innovative initiative aims to bridge the gap between scientific terminology and linguistic diversity, fostering a deeper understanding of climate change within the Tamil-speaking community. Let's delve into this fascinating endeavor and explore the importance of preserving indigenous languages in the realm of environmental awareness.


 

9. In which city did the International Apparel and Textile Fair begin, featuring 90 Indian participants?

A.    London

B.    New York

C.    Abu Dhabi

D.    Dubai

Answer: Option: (D)

Explanation:

The International Apparel and Textile Fair in Dubai has undoubtedly become a major highlight in the fashion calendar. With its origins in this thriving city, the fair continues to attract global attention, serving as a melting pot of creativity, innovation, and inspiration. By bringing together industry leaders, showcasing the latest trends, and fostering collaborations, this event plays a vital role in shaping the future of the fashion industry.


 

10. According to the World Economic Forum's Future of Jobs Report 2023, by what year will a quarter of jobs change?

A.    2024

B.    2025

C.    2026

D.    2027

Answer: Option: (D)

Explanation:

In a rapidly evolving world, it comes as no surprise that the job market is also undergoing significant transformations. The World Economic Forum's Future of Jobs Report 2023 sheds light on the future of employment, revealing fascinating insights into the changing nature of jobs and industries. One of the key revelations from the report is the projected timeline for a quarter of jobs to undergo transformation. Let's delve deeper into the findings and explore what lies ahead.


 

11. In which state did the Indian Government ban 14 apps, citing their use by terror groups?

A.    Tamil Nadu

B.    West Bengal

C.    Jammu & Kashmir

D.    Maharashtra

Answer: Option: (C)

Explanation:

In a significant move, the Indian Government took action to address the growing concerns of terror groups exploiting technology. The state of Jammu & Kashmir witnessed the banning of 14 apps, aiming to curb their misuse by these extremist organizations.


 

12. In April, India's gross GST revenues hit a record high at how many lakh crore rupees?

A.    1.77

B.    1.87

C.    1.67

D.    1.57

Answer: Option: (B)

Explanation:

India's record-breaking gross GST revenues in April signify a major milestone in the country's economic journey. The surge in revenues is a testament to the collective efforts of businesses, individuals, and the government. As India continues to navigate through the challenges posed by the pandemic, this achievement serves as a positive sign of recovery and growth on the horizon.


 

13. Which country is planning to update the H-1B visa registration process following fraud in the lottery system?

A.    USA

B.    United Kingdom

C.    UAE

D.    Ukraine

Answer: Option: (A)

Explanation:

The H-1B visa program has long been a topic of discussion, enabling skilled foreign workers to contribute to the United States' workforce. However, recent incidents of fraud in the lottery system have prompted the United States to take action.


 

14. Which IIT developed a machine-learning tool to detect tumours in the brain and spinal cord?

A.    IIT Mumbai

B.    IIT Madras

C.    IIT Delhi

D.    IIT Kanpur

Answer: Option: (B)

Explanation:

In the ever-evolving field of healthcare, technological advancements continue to play a crucial role in improving diagnostic accuracy and patient outcomes. One such groundbreaking development has emerged from the prestigious Indian Institute of Technology, Madras. Researchers at IIT Madras have harnessed the power of machine learning to develop a cutting-edge tool capable of detecting tumors in the brain and spinal cord with unprecedented precision and efficiency.


 

15. On which date is World Tuna Day 2023 observed?

A.    May 02

B.    May 03

C.    May 04

D.    May 05

Answer: Option: (A)

Explanation:

World Tuna Day 2023, observed on May 02, serves as a global reminder of the importance of tuna and the need for its conservation. By raising awareness, promoting sustainable fishing practices, and fostering international cooperation, we can ensure a bright future for tuna populations and the ecosystems they inhabit.


 

16. After Bihar, which state government started the Backward Class survey?

A.    Odisha

B.    Gujarat

C.    Assam

D.    Kerala

Answer: Option: (A)

Explanation:

In the quest to address the socio-economic disparities among communities, various state governments in India have initiated Backward Class surveys. These surveys aim to identify marginalized groups and implement targeted policies for their upliftment.


 

17. On which date is Maharashtra Day celebrated every year?

A.    May 01

B.    May 02

C.    May 03

D.    May 04

Answer: Option: (A)

Explanation:

May 1st marks a significant date in the hearts of Maharashtrians and history enthusiasts alike. Maharashtra Day is celebrated with great enthusiasm and pride throughout the state.


 

18. In which month did the Manufacturing Purchasing Managers' Index (PMI) rise from 56.4 to 57.2?

A.    February

B.    March

C.    April

D.    June

Answer: Option: (B)

Explanation:

The world of manufacturing is a complex and ever-evolving landscape. One of the key indicators used to gauge the health of this sector is the Manufacturing Purchasing Managers' Index (PMI).


 


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