Current Affairs Quiz – 24 March 2023

Current Affairs Quiz 24 March 2023: This post contains Questions/Quiz based on the Current Affairs and Important News of 24 March 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. The government of India is developing country’s first urban transport ropeway for public in which city?
   A) Guwahati
   B) Nagpur
   C) Gandhinagar
   D) Varanasi
   
   View answer

   Option D
   Explanation: Prime Minister Shri Narendra Modi laid the foundation stone of the India’s first urban transport ropeway on March 24, 2023, in Varanasi. 
2. The United Nations report has predicted that India is likely to become the most severely water-hit nation due to water scarcity by which year?
   A) 2050
   B) 2025
   C) 2030
   D) 2035
   
   View answer

   Option A
   Explanation: As per the flagship report of UN titled, ‘United Nations World Water Development Report 2023: partnerships and cooperation for water’, India is expected to be the most severely water-hit nation due to water scarcity by 2050. 
3. The amended Finance Bill, 2023  was passed in the Lok Sabha on March 24, 2023. IN the amendments, the Tax on Royalty or technical fee earned by foreign (non-resident) Cos has been hiked to 20 percent. What was this rate earlier?
   A) 18%
   B) 15%
   C) 8%
   D) 10%
   
   View answer

   Option D
   Explanation:Tax on Royalty or technical fee earned by foreign (non-resident) Cos hiked from 10 percent to 20 percent.
4. Canara Bank has sold its entire stake in Russian JV, Commercial Indo Bank LLC (CIBL), to SBI for Rs 121.29 crore. What was the share of Canara Bank in this JV?
   A) 60%
   B) 40%
   C) 50%
   D) 30%
   
   View answer

   Option B
   Explanation: The Commercial Indo Bank LLC (CIBL) is a joint venture in Russia between SBI (60 per cent) and Canara Bank (40 per cent). Now Canara Bank has announced that it has sold its entire stake in this Russian joint venture to the State Bank of India (SBI) for about Rs 121.29 crore.
5. Which of these countries has recently become the official member of the BRICS New Development Bank?
   A) Afghanistan
   B) Denmark
   C) Egypt
   D) Canada
   
   View answer

   Option C
   Explanation: Egypt has officially become a member of BRICS’ New Development Bank (NDB) on March 22, 2023. Cairo completed all the necessary procedures to become an eligible member of BRICS Bank on February 20, 2023. 
6. The Income Tax Department has launched ‘AIS for Taxpayers’ mobile app. What does AIS stands for?
   A) Annual Information Statement 
   B) Accounting Information System
   C) Automatic Income Statement
   D) Automated Information System 
   
   View answer

   Option A
   Explanation: The Income Tax Department of India has launched a new mobile app called ‘AIS for Taxpayers’, to provide a comprehensive view of the Annual Information Statement (AIS) / Taxpayer Information Summary (TIS) to the taxpayers. 
7. What is the name of the fantasy app on cricket launched by Ashneer Grover, the co-founder of BharatPe?
   A) DreamCrik
   B) GameCrick
   C) CrickPe
   D) Crick11
   
   View answer

   Option C
   Explanation:BharatPe co-founder Ashneer Grover has launched a cricket-focused fantasy sports app called CrickPe, through his twitter handle on March 23, 2023.
8. Which day of the year is observed as the World Tuberculosis Day?
   A) 23 March
   B) 24 March
   C) 22 March
   D) 21 March
   
   View answer

   Option B
   Explanation: World Tuberculosis Day is observed every year on 24 March to create awareness among the public about the global epidemic of tuberculosis (TB) and efforts to eliminate the disease. 
9. What was the profession of Pradeep Sarkar, who has passed away recently?
   A) Author
   B) Politician
   C) Economist
   D) Film Director
   
   View answer

   Option D
   Explanation: Renowned Bollywood Filmmaker Pradeep Sarkar has passed away. He was 67. Pradeep Sarkar made his directorial debut with the film Parineeta in 2005. 
10. UN has declared which day to be observed as  International Day for the Right to the Truth concerning Gross Human Rights Violations and for the Dignity of Victims?
    A) 24 March
    B) 21 March
    C) 19 March
    D) 23 March
    
    View answer

    Option A
    Explanation: United Nations has recognised March 24 to be observed as the International Day for the Right to the Truth concerning Gross Human Rights Violations and for the Dignity of Victims every year. 
11. What is the theme of World Tuberculosis Day 2023?
    A) Invest to End TB. Save Lives
    B) Yes, We can end TB!
    C) The Clock is Ticking
    D) It’s Time
    
    View answer

    Option B
    Explanation: The theme of World Tuberculosis Day 2023 is “Yes, We can end TB!“. 

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