May 5, 2023 Current Affairs

1. Which bank and organization launched G20 TechSprint, a global technology competition?

A.    SBI

B.    PNB

C.    BOB

D.    RBI

Answer: Option: (D)

Explanation:

The banking and technology sectors have been witnessing a remarkable intersection in recent times. To further harness this synergy and foster innovation, the Reserve Bank of India (RBI) and the Bank for International Settlements (BIS) have jointly launched the G20 TechSprint. This groundbreaking global technology competition aims to bring together creative minds from diverse backgrounds to tackle real-world challenges and propel the financial industry into the future.

2. Which country's government launched the ‘Machines Can See 2023’ Summit?

A.    Uganda

B.    USA

C.    U.K

D.    UAE

Answer: Option: (D)

Explanation:

In the era of rapid technological advancements, governments worldwide are embracing innovation to shape the future. One such notable initiative is the 'Machines Can See 2023' Summit, spearheaded by the UAE government.

3. Which state government's caste-based survey was ordered to be stayed by the Patna High Court?

A.    Nagaland

B.    Bihar

C.    Punjab

D.    Maharashtra

Answer: Option: (B)

Explanation:

In a recent turn of events, the Patna High Court has issued an order to stay the caste-based survey that was being conducted by the Bihar government. This unexpected development has stirred debates and raised questions about the implications and motives behind such a survey.

4. Which country will soon complete its first undersea tunnel?

A.    India

B.    Israel

C.    Iran

D.    Singapore

Answer: Option: (A)

Explanation:

India, a land of rich history and architectural wonders, is on the brink of achieving another remarkable feat - the completion of its first undersea tunnel. Nestled beneath the waves of south Mumbai, this tunnel project has been a testament to engineering prowess and perseverance.

5. In which country did NTPC Group make its first overseas capacity addition, resulting in a total installed capacity of 72,304 MW?

A.    Bangladesh

B.    Bahamas

C.    Benin

D.    Cuba

Answer: Option: (A)

Explanation:

NTPC Group, a prominent player in the energy industry, has been making significant strides in expanding its global footprint. With a vision to contribute to the development of various countries, NTPC Group embarked on its first overseas capacity addition in a nation that holds immense potential in the energy sector.

6. Which country accused the US of being behind the drone attack on the Kremlin?

A.    France

B.    Germany

C.    Russia

D.    Egypt

Answer: Option: (C)

Explanation:

In the realm of international politics, accusations and blame-shifting are not uncommon. Recent events have sparked speculation and finger-pointing regarding the drone attack on the Kremlin.

7. Which state government will implement an insurance scheme for toddy tappers?

A.    Tripura

B.    Telangana

C.    Karnataka

D.    Nagaland

Answer: Option: (B)

Explanation:

In a significant move towards ensuring the welfare of toddy tappers, the Telangana government has announced the implementation of an insurance scheme for this vital occupation. Drawing inspiration from the successful Rythu Bheema insurance scheme for farmers, this new initiative aims to provide financial security and support to toddy tappers who face various risks and challenges in their profession.

8. In which state did the Foreign Ministers of SCO member countries meet?

A.    Karnataka

B.    Jharkhand

C.    Manipur

D.    Goa

Answer: Option: (D)

Explanation:

In a momentous event, the foreign ministers of eight member states of the Shanghai Cooperation Organisation (SCO) convened in the picturesque state of Goa on May 4 and 5. This high-profile meeting marked a significant milestone in the diplomatic landscape, bringing together key representatives from the SCO member countries. Let's delve into the details of this historic gathering and its implications on regional cooperation and international relations.

9. Which country's Buddhist devotees celebrated Vesak on the day of Buddha Purnima?

A.    Fiji

B.    Sri Lanka

C.    Denmark

D.    Oman

Answer: Option: (B)

Explanation:

In the tropical island nation of Sri Lanka, Buddhist devotees gather with great enthusiasm and reverence to celebrate the auspicious occasion of Vesak. This sacred festival, also known as Buddha Purnima, holds profound significance for followers of Buddhism worldwide. With its vibrant traditions, illuminations, and acts of generosity, Vesak in Sri Lanka is a truly mesmerizing experience.

10. Which country launched the 'NET Zero' Innovation virtual centre with the United Kingdom?

A.    United Kingdom

B.    UAE

C.    India

D.    USA

Answer: Option: (C)

Explanation:

In an exciting collaboration that aims to address the pressing issue of climate change, India and the United Kingdom have joined forces to launch the 'NET Zero' Innovation Virtual Centre. This groundbreaking initiative marks a significant step towards a sustainable future and showcases the commitment of both nations to combatting global warming. Let's delve into the details of this remarkable partnership and understand its implications.

11. On which date is Buddha Purnima 2023 celebrated in India?

A.    May 02

B.    May 03

C.    May 04

D.    May 05

Answer: Option: (D)

Explanation:

Buddha Purnima is a sacred festival that celebrates the life and teachings of Gautama Buddha. The date of Buddha Purnima 2023 in India is May 05. This auspicious occasion holds spiritual significance, encourages self-reflection, and promotes the values of compassion, peace, and non-violence. It is a time to come together, embrace diversity, and strive for inner enlightenment. May the celebrations of Buddha Purnima inspire us all on our spiritual journey.

12. Which country is providing USD 3 billion in financing support to Bangladesh for metro lines, CNG buses, and railway signalling systems?

A.    Vietnam

B.    South Korea

C.    Switzerland

D.    Sri Lanka

Answer: Option: (B)

Explanation:

In a remarkable display of international cooperation and support, South Korea has stepped forward to provide a substantial financial boost to Bangladesh's infrastructure development. With a commitment of USD 3 billion, South Korea's financing support will be directed towards the expansion of metro lines, the introduction of CNG buses, and the improvement of railway signalling systems. This significant contribution marks a new milestone in the bilateral relations between the two countries and holds tremendous potential for enhancing Bangladesh's transportation network.

13. Which country's fast bowler Shabnim Ismail quit international cricket?

A.    Sudan

B.    South Africa

C.    Spain

D.    South Korea

Answer: Option: (B)

Explanation:

Shabnim Ismail's decision to quit international cricket marks the end of an era for South African cricket. Her remarkable journey, achievements, and contributions to the sport will be remembered for years to come. We wish her the very best in her future endeavors.

14. On what charges was a DRDO scientist in Pune arrested?

A.    Espionage

B.    Corruption

C.    Fraud

D.    Theft

Answer: Option: (A)

Explanation:

In a shocking turn of events, a DRDO scientist in Pune has recently been apprehended on grave charges. The arrest has sent shockwaves through the scientific community and raised questions about the security measures in place.

15. On which date is Coal Miners Day 2023 being observed?

A.    May 04

B.    May 05

C.    May 06

D.    May 07

Answer: Option: (A)

Explanation:

Coal Miners Day is an annual celebration that pays tribute to the brave individuals who work tirelessly in the coal mining industry. This day holds great significance as it recognizes the sacrifices, challenges, and contributions of coal miners worldwide.

16. Which state cabinet approved a monthly incentive of Rs 1,500 for women in the Spiti Valley?

A.    Uttar Pradesh

B.    Madhya Pradesh

C.    Himachal Pradesh

D.    Uttar Pradesh

Answer: Option: (C)

Explanation:

In a progressive step towards gender equality and empowerment, the state cabinet of Himachal Pradesh recently made headlines by approving a monthly incentive of Rs 1,500 specifically designed to uplift women in the picturesque Spiti Valley. This decision not only aims to provide financial support but also acknowledges the vital role women play in the region's social and economic fabric. Let's delve deeper into this empowering initiative and explore its significance.

17. In which country are merchant payments through UPI anticipated to reach $1 trillion by FY26?

A.    Mali

B.    Switzerland

C.    Sri Lanka

D.    India

Answer: Option: (D)

Explanation:

In recent years, the digital payment landscape in India has witnessed a remarkable transformation. With the advent of Unified Payments Interface (UPI), the ease and convenience of making transactions have reached unprecedented heights.

18. In which state in India were riots going on in May 2023?

A.    Goa

B.    Tripura

C.    Manipur

D.    Telangana

Answer: Option: (C)

Explanation:

In May 2023, the state of Manipur was engulfed in a wave of riots, causing significant unrest and turmoil. This blogpost aims to shed light on the events that transpired during this period, highlighting the causes, impact, and government response to the riots.