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October 13, 2023 Current Affairs

1.Which Central Public Sector Enterprise (CPSE) has recently been granted the 'Navratna' status, becoming the 16th CPSE in India to receive this distinction?

A.   RITES Ltd

B.   Rashtriya Ispat Nigam Limited (RINL)

C.   Rural Electrification Corporation Limited (REC)

D.   Shipping Corporation of India Limited (SCI)

Answer: Option A

Explanation:

the grant of the 'Navratna' status to RITES Ltd marks a significant milestone in the company's journey. It not only recognizes RITES Ltd's exceptional performance but also empowers the organization to further accelerate its growth and make a lasting impact on India's transportation infrastructure. As RITES Ltd joins the league of esteemed 'Navratna' CPSEs, it is poised to play a crucial role in the nation's progress and development for years to come.




 


2. On what date is the International Day for Disaster Risk Reduction observed?

A.   11th of October

B.   12th of October

C.   13th of October

D.   15th of October

Answer: Option C

Explanation:

The International Day for Disaster Risk Reduction, observed annually on the 13th of October, serves as a powerful reminder of the importance of disaster preparedness and risk reduction. By raising awareness, fostering collaboration, and implementing effective strategies, we can build resilient communities and safeguard our future. Let us work together to ensure a safer and more sustainable world for generations to come.


 


3.Which housing finance company had its Certificate of Registration cancelled by the RBI in 2023?

A.   Indiabulls Housing Finance Limited

B.   Bajaj Housing Finance Limited

C.   Ind Bank Housing Ltd

D.   Shriram Housing Finance

Answer: Option C

Explanation:

The cancellation of Ind Bank Housing Ltd's Certificate of Registration by the RBI in 2023 highlights the significance of financial performance and compliance within the housing finance industry. It serves as a wake-up call for companies to prioritize sustainable growth, effective risk management, and transparency in their operations. The aftermath of this cancellation will likely shape the future of housing finance regulations and practices, ensuring a healthier and more stable industry moving forward.


 


4.Which state was awarded the third prize for its outstanding efforts in operationalizing Telemanas?

A.   Rajasthan

B.   Uttar Pradesh

C.   Gujarat

D.   Maharashtra

Answer: Option B

Explanation:

Uttar Pradesh's remarkable achievement in operationalizing Telemanas stands as a testament to the state's commitment to mental health. Through effective implementation strategies, extensive awareness campaigns, and a robust network of counselors, Uttar Pradesh has made significant strides in bridging the gap between mental health services and those in need. This recognition serves as an inspiration for other states to prioritize mental well-being and embrace innovative solutions to tackle the mental health crisis.


 


5.Who was appointed as the new non-executive part-time chairman of the South Indian Bank in 2023 effective from November 2, 2023?

A.   Salim Gangadharan

B.   VJ Kurian

C.   PR Seshadri

D.   Salim Gangadharan

Answer: Option B

Explanation:

the appointment of VJ Kurian as the new non-executive part-time chairman of the South Indian Bank marks a significant milestone in the institution's history. His vast experience, strategic acumen, and vision for the future make him the ideal leader to guide the bank towards continued growth and success. As Kurian assumes his responsibilities, stakeholders eagerly await the positive impact he will bring to the South Indian Bank's journey. Exciting times lie ahead, and the South Indian Bank is well-positioned to thrive under Kurian's leadership.


 


6.Which Indian athlete was appointed as a Laureus Ambassador in 2023?

A.   Mirabai Chanu

B.   Abhinav Bindra

C.   PV Sindhu

D.   Neeraj Chopra

Answer: Option D

Explanation:

Neeraj Chopra's appointment as a Laureus Ambassador is a well-deserved recognition of his exceptional achievements and his commitment to using sports as a catalyst for positive change. His journey from a small village to the pinnacle of sporting glory has not only brought pride to India but also serves as an inspiration for generations to come. Neeraj Chopra's golden ambassadorship shines brightly, reminding us of the power of determination, talent, and the indomitable spirit of Indian athletes.


 


7.What was the retail inflation rate in India in September 2023?

A.   4%

B.   6%

C.   5%

D.   7%

Answer: Option C

Explanation:

the retail inflation rate in India for September 2023 stood at 5.02%. This decrease from the previous month indicates a positive trend and offers potential benefits to consumers and the economy at large. Understanding the factors influencing inflation rates and the policy measures taken by authorities is crucial for informed decision-making and economic planning.


 


8.Which Indian city is often fondly called the "Garden City of India" and is known for blending urban development with natural beauty?

A.   Mumbai

B.   New Delhi

C.   Chennai

D.   Bengaluru

Answer: Option D

Explanation:

Bengaluru truly lives up to its moniker of the Garden City of India. Its harmonious blending of urban development with natural beauty is a testament to the city's commitment to preserving its green heritage. From its historical connection to horticultural excellence to its abundance of parks, gardens, and vibrant flower markets, Bengaluru offers a unique and captivating experience for residents and visitors alike.


 


9.Which Central Asian country did Putin visit for his first foreign trip since the International Criminal Court (ICC) arrest warrant was issued?

A.   Kazakhstan

B.   Kyrgyzstan

C.   Tajikistan

D.   Uzbekistan

Answer: Option B

Explanation:

 Putin's first foreign trip since the ICC issued an arrest warrant was an intriguing choice - Kyrgyzstan. This visit not only highlights the historical ties between Russia and Kyrgyzstan but also showcases the importance of Central Asia in the geopolitical arena. Through high-level discussions and strengthened bilateral relations, the trip underscores the commitment of both nations to further cooperation and regional stability. As Putin's visit comes to a close, it leaves us with a renewed appreciation for the rich history and potential of this captivating Central Asian nation.


 


10.Which city in India is aiming to become the first wetland city?

A.   Udaipur

B.   Jaipur

C.   Jodhpur

D.   Kota

Answer: Option A

Explanation:

Udaipur's journey towards becoming India's first wetland city is a testament to the city's commitment to environmental conservation and sustainable development. By recognizing the importance of wetlands and harnessing its water resources, Udaipur is setting a remarkable example for other cities in India and beyond. As we look forward to witnessing the transformation of Udaipur's landscape, let us all join hands in preserving our natural heritage for future generations.



 

11.Which payments bank was fined by the RBI for failing to comply with KYC and cybersecurity guidelines in 2023?

A.   Paytm Payments Bank

B.   Google Pay

C.   PhonePe

D.   Amazon Pay

Answer: Option A

Explanation:

The RBI's decision to impose a substantial penalty on Paytm Payments Bank for non-compliance with KYC and cybersecurity guidelines sends a strong message to the entire digital payments industry. It underlines the significance of adhering to regulatory requirements and maintaining robust systems to protect customer interests. Paytm Payments Bank now faces the challenge of rebuilding trust and revisiting its internal processes to ensure future compliance. This incident serves as a reminder to all players in the industry that neglecting regulatory guidelines can have severe consequences, both financially and reputationally.


 


12.Which Tamil writer was awarded the Saraswati Samman in 2022 for her memoirs, "Surya Vamsam"?

A.   Jeyamkondan

B.   Jayamohan

C.   Perumal Murugan

D.   Sivasankari

Answer: Option D

Explanation:

Sivasankari's well-deserved recognition through the Saraswati Samman for her memoirs, "Surya Vamsam," highlights her immense contribution to Tamil literature and the profound impact of her writing. Her ability to connect with readers through her authentic voice and storytelling talent cements her status as a literary luminary. We eagerly await her future endeavors, as she continues to inspire and captivate readers with her words.


 



 

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