Current Affairs Revision RBI Grade B- Set 1 (Nov 2023)
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Current Affairs Revision for RBI Grade B- 2024
(Questions from 1 and 2 November)
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Question 1 of 11
1. Question
Which country hosted the “AI Safety Summit 2023”
Correct
On the first day of the ‘AI Safety Summit 2023’ at Bletchley Park, Buckinghamshire in United Kingdom (UK), Shri Rajeev Chandrasekhar, the Union Minister of State for Skill Development & Entrepreneurship and Electronics & IT, addressed the inaugural plenary session. He emphasized India’s perspective on Artificial Intelligence, emphasizing our nation’s commitment to AI with a strong focus on safety, trust, and accountability.
Incorrect
On the first day of the ‘AI Safety Summit 2023’ at Bletchley Park, Buckinghamshire in United Kingdom (UK), Shri Rajeev Chandrasekhar, the Union Minister of State for Skill Development & Entrepreneurship and Electronics & IT, addressed the inaugural plenary session. He emphasized India’s perspective on Artificial Intelligence, emphasizing our nation’s commitment to AI with a strong focus on safety, trust, and accountability.
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Question 2 of 11
2. Question
Recently EPFO, celebrated its foundation day on October 31, 2023. In which year was EPFO formed?
Correct
Union Minister for Labour & Employment, Environment, Forest & Climate Change, Shri Bhupender Yadav inaugurated the 71st Foundation Day of EPFO held at Bharat Mandapam, New Delhi today through virtual mode. He congratulated everyone on the occasion.
The Employees’ Provident Funds Scheme, 1952 (EPF) –
Incorrect
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Question 3 of 11
3. Question
Which Indian city has been recently added by UNESCO to its list of ‘City Of Literature’?
Correct
Kozhikode, a city located in the southern Indian state of Kerala, has made its mark on the global stage by being named one of the latest entrants into the UNESCO Creative Cities Network. Kozhikode’s new title as the ‘City of Literature’ marks a significant milestone, as it’s the first city in India to hold this coveted distinction…. Read more at: https://www.bankersadda.com/current-affairs-1-november-2023/
Incorrect
Kozhikode, a city located in the southern Indian state of Kerala, has made its mark on the global stage by being named one of the latest entrants into the UNESCO Creative Cities Network. Kozhikode’s new title as the ‘City of Literature’ marks a significant milestone, as it’s the first city in India to hold this coveted distinction…. Read more at: https://www.bankersadda.com/current-affairs-1-november-2023/
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Question 4 of 11
4. Question
Which of the following methods refers to as “transferring a small amount of money to the subscriber’s bank account as a test before crediting the entire amount as a step to verify the bank account”?
Correct
Recently, the PFRDA has made ‘penny drop’ verification mandatory for all NPS fund withdrawals. This verification process ensures the accurate and secure transfer of funds to subscribers’ bank accounts during withdrawals and scheme exits.
Successful ‘penny drop’ verification, including name matching, is a prerequisite for processing exit/withdrawal requests and modifying subscribers’ bank account details. These provisions apply across all variants of the National Pension System (NPS), including Atal Pension Yojana (APY) and NPS Lite, for all types of exits/withdrawals and modifications in subscribers’ bank account details.
Incorrect
Recently, the PFRDA has made ‘penny drop’ verification mandatory for all NPS fund withdrawals. This verification process ensures the accurate and secure transfer of funds to subscribers’ bank accounts during withdrawals and scheme exits.
Successful ‘penny drop’ verification, including name matching, is a prerequisite for processing exit/withdrawal requests and modifying subscribers’ bank account details. These provisions apply across all variants of the National Pension System (NPS), including Atal Pension Yojana (APY) and NPS Lite, for all types of exits/withdrawals and modifications in subscribers’ bank account details.
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Question 5 of 11
5. Question
Recently, RBI has announced to bring all entities facilitating cross-border payment transactions for import and export of goods and services under direct regulation of the RBI. Such entities shall be treated as Payment Aggregator-Cross Border (PA-CB).
What is the deadline given by RBI, to Non-banks which provide PA-CB services to apply to the RBI for authorisation for the said services?
Correct
Non-banks which provide PA-CB services as on the date of this circular, shall apply to the RBI for authorisation by April 30, 2024
Source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12561&Mode=0#ANN1
Incorrect
Non-banks which provide PA-CB services as on the date of this circular, shall apply to the RBI for authorisation by April 30, 2024
Source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12561&Mode=0#ANN1
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Question 6 of 11
6. Question
Which company has partnered with TATA Play Fiber to introduce India’s first WiFi6-ready broadband network?
Correct
Nokia, a global technology leader, has made a significant stride in the Indian broadband market by joining forces with TATA Play Fiber to introduce the country’s first WiFi6-ready broadband network.
Incorrect
Nokia, a global technology leader, has made a significant stride in the Indian broadband market by joining forces with TATA Play Fiber to introduce the country’s first WiFi6-ready broadband network.
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Question 7 of 11
7. Question
Which country will host the 2034 Men’s FIFA World Cup?
Correct
FIFA president Gianni Infantino announced that Saudi Arabia would host the 2034 World Cup, making it the third time the Asian Football Confederation has or will host the World Cup
Incorrect
FIFA president Gianni Infantino announced that Saudi Arabia would host the 2034 World Cup, making it the third time the Asian Football Confederation has or will host the World Cup
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Question 8 of 11
8. Question
What was India’s position in the medal tally leaderboard of 4th Asian Para Games held in Hangzhou, China?
Correct
The India contingent marked an unparalleled success at the 4th Asian Para Games rounding off the event with a stellar medal haul of 111 – 29 golds, 31 silvers, and 51 bronzes. This magnificent tally eclipses the previous record of 72 medals clinched in 2018. With this, India firmly established itself at the fifth position on the overall leaderboard of the 4th Asian Para Games.
Incorrect
The India contingent marked an unparalleled success at the 4th Asian Para Games rounding off the event with a stellar medal haul of 111 – 29 golds, 31 silvers, and 51 bronzes. This magnificent tally eclipses the previous record of 72 medals clinched in 2018. With this, India firmly established itself at the fifth position on the overall leaderboard of the 4th Asian Para Games.
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Question 9 of 11
9. Question
Ministry of Ports, Shipping and Waterways has recently launched the domestic sailing of the first International Cruise Liner. Which of the following is the name of this International Cruise Liner?
Correct
ZThe Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal will launch the domestic sailing of the first International Cruise Liner ‘COSTA SERENA’ in India at Mumbai tomorrow. The ‘Dekho Apna Desh’, an initiative launched as an appeal by the Prime Minister, Shri Narendra Modi to the middle class to prefer the domestic tourism over the international tourism, drives such cruise initiatives.
Incorrect
ZThe Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal will launch the domestic sailing of the first International Cruise Liner ‘COSTA SERENA’ in India at Mumbai tomorrow. The ‘Dekho Apna Desh’, an initiative launched as an appeal by the Prime Minister, Shri Narendra Modi to the middle class to prefer the domestic tourism over the international tourism, drives such cruise initiatives.
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Question 10 of 11
10. Question
Who is the author of the book “Courting India: England, Mughal India, and the Origins of Empire”?
Correct
The British Academy Book Prize for Global Cultural Understanding, a prestigious international non-fiction award has been claimed by India-born author Nandini Das for her debut book, ‘Courting India: England, Mughal India, and the Origins of Empire.’.
Incorrect
The British Academy Book Prize for Global Cultural Understanding, a prestigious international non-fiction award has been claimed by India-born author Nandini Das for her debut book, ‘Courting India: England, Mughal India, and the Origins of Empire.’.
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Question 11 of 11
11. Question
Recently, the Ministry of Youth Affairs and Sports has launched ‘Mera Yuva Bharat (MY Bharat)’ platform for youth of the country. The beneficiaries will be in the age-group of _______ years?
Correct
The Prime Minister Shri Narendra Modi launched ‘Mera Yuva Bharat (MY Bharat)’ platform for youth of the country on October 31st, at Kartavya Path on the National Unity Day. In a momentous decision on October 11, 2023, the Union Cabinet, chaired by Prime Minister Shri Narendra Modi, gave its approval for the establishment of an autonomous body known as “Mera Yuva Bharat (MY Bharat).”
Mera Yuva Bharat (MY Bharat), an autonomous body will benefit the youth in the age group of 15-29 years, in line with the definition of ‘Youth’ in the National Youth Policy. The beneficiaries will be in the age-group of 10-19 years.
Mera Yuva Bharat (MY Bharat) is ‘Phygital Platform’ (physical + digital) comprising physical activity along with an opportunity to connect digitally.
Incorrect
The Prime Minister Shri Narendra Modi launched ‘Mera Yuva Bharat (MY Bharat)’ platform for youth of the country on October 31st, at Kartavya Path on the National Unity Day. In a momentous decision on October 11, 2023, the Union Cabinet, chaired by Prime Minister Shri Narendra Modi, gave its approval for the establishment of an autonomous body known as “Mera Yuva Bharat (MY Bharat).”
Mera Yuva Bharat (MY Bharat), an autonomous body will benefit the youth in the age group of 15-29 years, in line with the definition of ‘Youth’ in the National Youth Policy. The beneficiaries will be in the age-group of 10-19 years.
Mera Yuva Bharat (MY Bharat) is ‘Phygital Platform’ (physical + digital) comprising physical activity along with an opportunity to connect digitally.