October 1, 2023 Current Affairs

1.    What type of services has the Indian government exempted from Integrated Goods and Services Tax (IGST) from October 1, 2023?

A.   Air freight services

B.   Ocean freight services

C.   Road freight services

D.   Rail freight services

Answer: Option B

Explanation:

The exemption of IGST on ocean freight services marks a significant milestone in India's efforts to boost trade, reduce costs, and enhance competitiveness. By eliminating this tax burden, importers will benefit from reduced costs, and businesses can allocate resources towards growth and innovation. Furthermore, this exemption is expected to attract foreign investment and position India as a key player in global trade. As we move forward, it will be interesting to observe the long-term impact of this decision and its contribution to the Indian economy's growth and development.

2. Which country's Congress has approved a bill that would abolish income tax?

A.    Brazil

B.     Canada

C.     Chile

D.    Argentina

Answer: Option D

Explanation:

The approval of the bill to abolish income tax in Argentina marks a significant milestone in the country's economic landscape. While its impact remains to be seen, the potential for increased investment, job creation, and economic growth is promising. However, it is essential to carefully monitor and address any challenges that may arise during the implementation process. As Argentina moves forward with this ambitious reform, the world watches with curiosity and anticipation.

3. Which city recently shut down two popular beaches to protect the local sea lion population?

A.   Los Angeles, CA

B.   San Francisco, CA

C.   San Diego, CA

D.   Seattle, WA

Answer: Option C

Explanation:

San Diego's proactive approach in shutting down Point La Jolla and Boomer Beach serves as a powerful reminder of our collective responsibility to protect and preserve our marine ecosystems. By taking action to safeguard the local sea lion population, the city demonstrates that the well-being of wildlife should be a priority alongside our enjoyment of the natural world. Let us learn from this example and strive to coexist harmoniously with the remarkable creatures that call our coastal areas home.

4. When is World Habitat Day observed?

A.   First Sunday of October

B.   First Wednesday of October

C.   First Monday of October

D.   First Thursday of October

Answer: Option C

Explanation:

World Habitat Day, observed on the first Monday of October, serves as a reminder of our collective responsibility to create sustainable and resilient urban environments. This year's theme, "Resilient Urban Economies: Cities as Drivers of Growth and Recovery," emphasizes the crucial role of cities in driving economic development and recovery. By prioritizing resilience, we can cultivate cities that not only thrive but also provide equitable access to shelter, opportunities, and a high quality of life for all.

5. What is the main objective of 'Sankalp Saptaah' launched by the Prime Minister of India?

A.   To promote cleanliness and hygiene

B.   To improve healthcare access and outcomes

C.   To improve governance at the block level

D.   To increase agricultural productivity and income         

Answer: Option C

Explanation:

5. What is the main objective of 'Sankalp Saptaah' launched by the Prime Minister of India?

A.   To promote cleanliness and hygiene

B.   To improve healthcare access and outcomes

C.   To improve governance at the block level

D.   To increase agricultural productivity and income         

Answer: Option C

Explanation:

Sankalp Saptaah is a week-long initiative launched by the Prime Minister of India (on 30th September 2023 at Bharat Mandapam in New Delhi) to improve governance at the block level. The program aims to bring about positive change in the lives of people living in aspirational blocks.

6. How much funding will the ADB's capital reforms unlock for Asia and the Pacific over the next decade?

A.   $100 billion

B.   $150 billion

C.   $200 billion

D.   $250 billion

Answer: Option R

Explanation:

The ADB's capital reforms will unlock $100 billion in funding for Asia and the Pacific over the next decade. This funding represents a tremendous opportunity to address pressing challenges, promote sustainable development, and improve the lives of millions across the region. By leveraging this funding effectively and implementing projects that prioritize long-term growth and resilience, Asia and the Pacific can pave the way towards a prosperous future

7. What was the inflation rate in the Eurozone in September?

A.   5.2%

B.   6.1%

C.   4.3%

D.   2.0%

Answer: Option C

Explanation:

The inflation rate in the Eurozone experienced a decline to 4.3% in September, marking the lowest level since October 2021. This shift raises important questions about the underlying factors contributing to this change and the potential implications for the Eurozone's economy. As the ECB continues to navigate these challenges, it remains crucial to closely monitor inflation trends and their impact on the overall economic landscape.

8. Who won the gold medal in the women's singles event at the 2023 World Badminton Championships?

A.   An Se-young

B.   Carolina Marín

C.   Chen Yufei

D.   Akane Yamaguchi

Answer: Option A  

Explanation:

An Se-young's exceptional performance and her gold medal victory in the women's singles event at the 2023 World Badminton Championships will forever be remembered as a milestone in her career and in the history of South Korean badminton. Her talent, determination, and unwavering spirit have solidified her position as a rising star and an inspiration for future generations of badminton players.

9. When is the International Day of Older Persons celebrated?

A.   September 30th

B.   October 1st

C.   October 2nd

D.   October 3rd  

Answer: Option B

Explanation:

The largest and oldest European church in India is none other than St. Francis Church in Kerala. Its historical significance, architectural grandeur, and cultural heritage make it a must-visit destination for history enthusiasts and explorers alike. So, if you find yourself in the enchanting town of Fort Kochi, don't miss the opportunity to witness this magnificent gem that stands as a testament to India's colonial past.

10. Which is the largest and oldest European church in India?

A.   Basilica of Bom Jesus, Goa

B.   San Thome Basilica, Chennai

C.   Velankanni Church, Tamil Nadu

D.   St. Francis Church, Kerala           

Answer: Option D

Explanation:

St. Francis Church in Kerala stands as a testament to the enduring legacy of European influence in India. Its architectural splendor, historical importance, and serene atmosphere make it a must-visit destination for history enthusiasts and spiritual seekers alike.

11. Who launched India's first 5G Training Labs and 5G health applications in all eight North Eastern States?

A.   Narendra Modi

B.   Amit Shah

C.   Rajnath Singh         

D.   G. Kishan Reddy

Answer: Option D

Explanation:

The launch of India's first 5G Training Labs and 5G health applications in the North Eastern States under the guidance of G. Kishan Reddy is a significant step towards bridging the digital divide and fostering inclusive growth. This transformative initiative will pave the way for enhanced connectivity, improved access to essential services, and a brighter future for the people of the North East. With 5G technology as a catalyst, the region can unlock its true potential and contribute to India's journey towards becoming a global leader in the digital landscape.

12. When is the International Day of Non-Violence celebrated?

A.   October 1st

B.   October 2nd 

C.   October 3rd

D.   October 4th

Answer: Option B

Explanation:

The International Day of Non-Violence, celebrated on October 2nd, serves as a powerful reminder of Mahatma Gandhi's timeless message of non-violence. It is a day to reflect on the importance of embracing peaceful solutions, rejecting violence, and working towards a more compassionate world. Let us all join hands in spreading the message of non-violence, fostering peace, and creating a brighter future for generations to come.

13. What is the area of the Thar Desert?

A.   77,000 square miles

B.   88,000 square miles

C.   55,000 square miles

D.   66,000 square miles

Answer: Option A

Explanation:

The Thar Desert is not just a barren expanse of sand, but a captivating realm brimming with life, colors, and cultural treasures. Its expansive landscapes, unique flora and fauna, and rich cultural heritage make it a destination that truly deserves exploration. Whether you seek adventure, tranquility, or a chance to immerse yourself in a different way of life, the Thar Desert is ready to enthrall you with its secrets.

14. When is the new deadline to deposit or exchange ₹2,000 notes?

A.   October 7, 2023

B.   September 30, 2023

C.   October 8, 2023

D.   November 1, 2023

Answer: Option A     

Explanation:

The RBI's decision to extend the deadline for depositing or exchanging ₹2,000 notes until October 7, 2023, provides individuals with a more convenient timeframe. It is crucial for those who still possess these notes to take prompt action and complete the necessary transactions within the revised timeline. By adhering to the outlined steps, individuals can ensure a smooth transition and avoid any potential issues in the future.