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Daily Current Affairs 7 October 2023


6. What traditional cheese made from the milk of Arunachali yak recently received the Geographical Indication (GI) tag?

A. Cheddar

B. Mozzarella

C. Churpi

D. Feta

Discuss Work Space

Answer: option c

Explanation:

Churpi, a traditional cheese made from the milk of Arunachali yak, recently received the Geographical Indication (GI) tag.

7. What was the key decision taken by the Reserve Bank of India (RBI) in its fourth bi-monthly monetary policy announced on October 6, 2023?

A. Increasing the repo rate

B. Reducing the repo rate

C. Maintaining the repo rate

D. Implementing negative interest rates

Discuss Work Space

Answer: option c

Explanation:

The RBI decided to maintain the repo rate at 6.50% in its fourth bi-monthly monetary policy and adopted a stance of 'withdrawal of accommodation.'

8. What was India's Purchasing Managers' Index (PMI) for the services sector in September 2023, indicating a 13-year high?

A. 50

B. 55

C. 60

D. 61

Discuss Work Space

Answer: option d

Explanation:

India's Purchasing Managers' Index (PMI) for the services sector reached 61 in September 2023, which is a 13-year high, signifying significant growth in the sector.

9. What innovative device has the State Bank of India (SBI) introduced to enhance accessibility and convenience for its Financial Inclusion (FI) customers?

A. Mobile ATM

B. Mobile Handheld Device

C. SBI App for FI

D. Cash Deposit Kiosk

Discuss Work Space

Answer: option b

Explanation:

The State Bank of India (SBI) introduced the 'Mobile Handheld Device' to enhance accessibility and convenience for its Financial Inclusion (FI) customers.

10. Who has been appointed as the Chairman and Managing Director (CMD) of the General Insurance Corporation of India (GIC Re) effective from October 1, 2023?

A. Devesh Srivastava

B. R. Narayanaswamy

C. Dinesh Khara

D. Ramaswamy N

Discuss Work Space

Answer: option d

Explanation:

Ramaswamy N has been appointed as the Chairman and Managing Director (CMD) of the General Insurance Corporation of India (GIC Re) effective from October 1, 2023.


Daily Current Affairs 7 October 2023 FAQ

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