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Daily Current Affairs - 28 September 2023
| 1. | What is the primary objective of the 13th Indo-Pacific Armies Chiefs Conference (IPACC)? |
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A. To discuss economic cooperation among participating nations
B. To formulate collective strategies for regional security challenges
C. To promote cultural exchanges in the Indo-Pacific region
D. To showcase advanced military technology
View Answer Discuss Work SpaceAnswer: option b
Explanation:
The primary objective of the 13th Indo-Pacific Armies Chiefs Conference (IPACC) was to formulate collective strategies to address regional security challenges.
| 2. | What is the Indian government's projected gross market borrowing for the fiscal year ending March 31, 2024? |
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A. Rs 30,000 crore
B. Rs 8.88 lakh crore
C. Rs 15.43 lakh crore
D. Rs 20,000 crore
View Answer Discuss Work SpaceAnswer: option c
Explanation:
The Indian government's projected gross market borrowing for the fiscal year ending March 31, 2024, stands at Rs 15.43 lakh crore.
| 3. | Who was granted a one-year extension as Deputy Governor of the Reserve Bank of India (RBI)? |
|---|
A. Raghuram Rajan
B. Urjit Patel
C. Shaktikanta Das
D. M. Rajeshwar Rao
View Answer Discuss Work SpaceAnswer: option d
Explanation:
M. Rajeshwar Rao was granted a one-year extension as Deputy Governor of the Reserve Bank of India (RBI).
| 4. | Why did the Reserve Bank of India (RBI) cancel the license of The Kapol Co-operative Bank Limited? |
|---|
A. Due to its involvement in money laundering
B. Because of concerns about inadequate capital
C. Owing to a cyberattack on the bank
D. As a result of political pressure
View Answer Discuss Work SpaceAnswer: option b
Explanation:
The RBI canceled the license of The Kapol Co-operative Bank Limited primarily due to concerns about inadequate capital and earning prospects.
| 5. | What is the focus of the co-branded credit card collaboration between Poonawalla Fincorp and IndusInd Bank? |
|---|
A. Customers with a favorable credit history
B. Exclusive privileges and benefits for senior citizens
C. Students and young professionals
D. Individuals with a low credit score
View Answer Discuss Work SpaceAnswer: option a
Explanation:
The focus of the co-branded credit card collaboration between Poonawalla Fincorp and IndusInd Bank is on customers with a favorable credit history.
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