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Current Affairs Quiz – 18 April 2023

Current Affairs Quiz 18 April 2023: This post contains Questions/Quiz based on the Current Affairs and Important News of 18 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. Which country will be the top contributor to global growth over the next five years through 2028, as per the data of IMF?
    A) Indonesia
    B) United States
    C) China
    D) India
    View answer
    Option C
    Explanation: 
    AS per the data by the International Monetary Fund (IMF), China will be the top contributor to global growth over the next five years, and its share is set to be double than that of the US. 
  2. Which state in India has become the first to adopt a Water Budget for proper management of the resource?
    A) Tamil Nadu
    B) Kerala
    C) Odisha
    D) Karnataka
    View answer
    Option B
    Explanation: 
    The state government of Kerala, under Chief Minister Pinarayi Vijayan has adopted a Water Budget, a first-of-its type initiative in India.
  3. Which country will Chair the Finance Ministers Working Group for a Commonwealth Call for Reform of the Global Financial Architecture?
    A) Argentina
    B) Norway
    C) Greece
    D) India
    View answer
    Option D
    Explanation:
     India will be the chair of the Finance Ministers Working Group for a Commonwealth Call for Reform of the Global Financial Architecture. 
  4. The mobile application GS NIRNAY has been launched by which ministry?
    A) Ministry of Rural Development & Panchayati Raj
    B) Ministry of Commerce & Industry
    C) Ministry of Road Transport and Highways
    D) Ministry of Skill Development and Entrepreneurship

    View answer
    Option A
    Explanation:  
    The Union Minister of Rural Development & Panchayati Raj, Shri Giriraj Singh launched a new mobile application named GS NIRNAY, as a part of the occasion. GS NIRNAY stands for Gram Sabha National Initiative for Rural India to Navigate, InnovAte and Resolve PanchaYat.
  5. DRDO has launched its Industry Academia Centre of Excellence, DIA-CoE, in which of these institutions?
    A) IIT Indore
    B) IIT Madras
    C) IIT Hyderabad
    D) IIT Delhi
    View answer
    Option C
    Explanation: 
    The Defence Research and Development Organisation (DRDO) Industry Academia Centre of Excellence (DIA-CoE) has been inaugurated at the Indian Institute of Technology -Hyderabad, at Sangareddy in Telangana.. 
  6. When is the International Day for Monuments and Sites observed?
    A) April 20
    B) April 18
    C) April 19
    D) April 17
    View answer
    Option B
    Explanation: 
    The International Day for Monuments and Sites is observed on 18th of April each year. The day is also known as the World Heritage Day. 
  7. Which country has recently joined India’s initiative of International Big Cat Alliance (IBCA) as its founding member?
    A) Germany
    B) Russia
    C) France
    D) Nepal
    View answer
    Option D
    Explanation: 
    Nepal has been designated as the founding member of the International Big Cat Alliance (IBCA), an initiative by the Government of India.
  8. Who has been appointed as the head of the advisory board formed by fintech Razorpay to strengthen the corporate governance of the company?
    A) Viral Acharya
    B) Arvind Subramanian
    C) NS Vishwanathan 
    D) Raghuram Rajan
    View answer
    Option C
    Explanation: 
    Fintech unicorn Razorpay has set up an advisory board that will focus on setting up standards to strengthen customer experience, governance, compliance, and risk management practices. NS Vishwanathan, the former deputy governor of Reserve Bank of India (RBI) has been roped in as the chairperson of this 4-member advisory board. 
  9. The 100th meeting of the G-20 grouping, under India’s Presidency was held in which city recently?
    A) Varanasi
    B) Lucknow
    C) Gurugram
    D) New Delhi
    View answer
    Option A
    Explanation: 
    On April 17, 2023, India marked a milestone achievement, as the country was hosting the 100th meeting of the grouping, under its G20 presidency.  This is the largest number of meetings ever hosted by any country as G-20 President so far. 
  10. Sekhar Rao has been roped in as the interim managing director and Chief Executive Officer (MD & CEO) of which bank?
    A) Bank of Maharashtra
    B) Karnataka Bank
    C) Kotak Mahindra Bank
    D) Indian Bank
    View answer
    Option B
    Explanation: 
    The Karnataka Bank has appointed Sekhar Rao as the interim managing director and Chief Executive Officer (MD & CEO), with effect from April 15, 2023. 

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