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Current Affairs Quiz – 05 April 2023

Current Affairs Quiz 05 April 2023: This post contains Questions/Quiz based on the Current Affairs and Important News of 05 April 2023. These questions have been framed keeping in mind the pattern of banking and competitive exams and hence this current affairs quiz will be helpful for upcoming competitive exams. Give our online current affairs test every day to be prepared for all Current Affairs competitive exams

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  1. Mukesh Ambani is the richest Indian and Asian as per the 2023 Forbes Billionaire list. What is the global rank of Mukesh Ambani?
    A) 11th
    B) 9th
    C) 10th
    D) 12th
    View answer
    Option B
    Explanation: 
    The Reliance Industries Chairman Mukesh Ambani has been ranked as the richest man in India, as per the Forbes Billionaire 2023 list, released on April 04, 2023. Globally, Mr Ambani is ranked as 9th richest person, in Forbes’ billionaire 2023 list, with a net worth of $83.4 billion as of March 10, 2023. 
  2. Under the recently revamped Credit Guarantee Scheme, what is the ceiling limit for guarantees coverage?
    A) Rs 5 cr
    B) Rs 2 cr
    C) Rs 3 cr
    D) Rs 4 cr
    View answer
    Option A
    Explanation: 
    The Government of India has further revamped the Credit Guarantee Scheme to increase the flow of credit to MSEs and to strengthen the MSE Sector. In the revamped scheme, the annual guarantee fees structure have been reduced to 0.37 percent. The ceiling for guarantees coverage has been enhanced from Rs 2 crore to Rs 5 crore.
  3. Who is the head of the committee formed by Ministry of Housing and Urban Affairs to look into issues related to completing stalled housing projects?
    A) Bibek Debroy
    B) Arvind Panagariya
    C) Sanjiv Mehta
    D) Amitabh Kant 
    View answer
    Option D
    Explanation: 
    The Ministry of Housing and Urban Affairs has set up a 14-member committee to look into issues related to completing stalled housing projects, and propose a future course of action to ensure that buyers receive their homes. The committee will be headed by Amitabh Kant, former CEO of Niti Aayog and India’s G20 Sherpa. It will comprise of top central and state government officials. 
  4. E-commerce app ‘Pincode’ has been launched by which company?
    A) Amazon
    B) GPay
    C) PhonePe
    D) Paytm
    View answer
    Option C
    Explanation: 
    Walmart-owned fintech company PhonePe has launched a new consumer application named ‘Pincode’, which is powered by the government’s Open Network for Digital Commerce (ONDC) network. 
  5. Dhawan-II is an advanced fully 3D-printed cryogenic rocket engine, which was successfully test fired recently by which company?
    A) Skyroot Aerospace
    B) ISRO
    C) Pixxel
    D) Dhruva Space
    View answer
    Option A
    Explanation: 
    Hyderabad-based space tech startup Skyroot Aerospace successfully test fired an advanced fully 3D-printed cryogenic rocket engine `Dhawan-II’ on April 04, 2023. 
  6. Sanjita Chanu, who has been handed a ban of 4 years by NADA, is associated with which sports?
    A) Shooting
    B) Weightlifting
    C) Boxing
    D) Gymnastic
    View answer
    Option B
    Explanation: 
    Indian weightlifter and two-time Commonwealth Games champion, Sanjita Chanu has been handed a four-year ban by the National Anti Doping Agency (NADA)’ for failing a dope test. 
  7. In India, the National Maritime Day is observed on which day?
    A) April 02
    B) April 03
    C) April 04
    D) April 05
    View answer
    Option D
    Explanation: 
    In India, the National Maritime Day is observed on 5 April, since 1964. The 2023 marks 60th edition of the annual celebrations. 
  8. Retired British player Amir Khan has been imposed a ban of 2 years by UK Anti-Doping agency. He is associated with which sports?
    A) Football
    B) Cricket
    C) Boxing
    D) Tennis
    View answer
    Option C
    Explanation: 
    The UK Anti-Doping agency (UKAD) has handed a two-year ban on former light-welterweight world champion Amir Khan for testing positive for a prohibited substance.
  9. Who has been ranked as the richest person in the world in Forbes Billionaire 2023? 
    A) Elon Musk
    B) Bernard Arnault
    C) Jeff Bezos
    D) Warren Buffett
    View answer
    Option B
    Explanation: 
    Bernard Arnault, the head of luxury goods giant LVMH, is the richest person in the world as per the Forbes Billionaire 2023 list. He has topped the list for the first time. 
  10. The International Day of Conscience is observed by UN on which day?
    A) April 05
    B) April 04
    C) April 03
    D) April 06
    View answer
    Option A
    Explanation: 
    The United Nations General Assembly has designated 5 April to be observed as an International Day of Conscience every year, to commemorate the importance of human conscience.
  11. Bushwhacker Butch, who has passed away was a former legend in which sports?
    A) Weightlifting
    B) Soccer
    C) Formula One Race
    D) Wrestling
    View answer
    Option D
    Explanation: 
    The legendary WWE wrestler Bushwhacker Butch has passed away. He was 78. The real name of the former New Zealand pro wrestler was Robert Miller. 
  12. What is the theme of International Day of Conscience in 2023?
    A) Promote peace, justice and sustainable development
    B) Building a Culture of Peace
    C) Let us end racism and build peace
    D) Promoting a Culture of Peace with Love and Conscience
    View answer
    Option B
    Explanation: 
    2023 Theme: ‘Building a Culture of Peace‘. 

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