40 Current Affairs MCQs 13th 14th and 15th June 2023

Test your knowledge of the latest news and events with our 40 Current Affairs MCQs for 13th, 14th, and 15th June 2023. Topics include the war in Ukraine, the upcoming midterm elections in the United States, and the latest developments in the COVID-19 pandemic. Take the quiz today and see how well you know the news!

1-What is the main focus of the IDFR 2023-24 campaign?

a) Promoting digital technologies to enhance financial inclusion in HICs

b) Promoting traditional banking systems in LMICs

c) Promoting digital technologies to enhance financial inclusion in LMICs

d) Promoting cryptocurrency for remittance transactions

Answer: c) Promoting digital technologies to enhance financial inclusion in LMICs

2-What is the target for cost reduction mentioned in SDG 10.c?

a) 1%

b) 2%

c) 3%

d) 4%

Answer: c) 3%

3-How often is the International Day of Family Remittances (IDFR) celebrated?

a) Monthly

b) Quarterly

c) Annually

d) Biennially

Answer: c) Annually

4-What is the purpose of the IDFR?

a) To celebrate the contributions of migrant workers

b) To promote financial inclusion in high-income countries

c) To reduce the cost of remittance transfers

d) To achieve the Sustainable Development Goals (SDGs)

Answer: d) To achieve the Sustainable Development Goals (SDGs)

5-What percentage of remittance flows go to rural areas?

a) 10%

b) 25%

c) 50%

d) 75%

Answer: c) 50%

6-What is the average cost of transferring US$200 across international boundaries to LMICs?

a) 1%

b) 3%

c) 6%

d) 9%

Answer: c) 6%

7-Which type of providers offer the best rates for remittance transfers?

a) Traditional banks

b) Mobile providers

c) Money transfer operators

d) Cryptocurrency exchanges

Answer: b) Mobile providers

8-What percentage of transactions are made through digital channels?

a) Less than 1%

b) 5%

c) 25%

d) 50%

Answer: a) Less than 1%

9-What is the main objective of the Global Compact for Safe, Orderly and Regular Migration?

a) Promoting financial inclusion through remittances

b) Reducing the cost of remittance transfers

c) Enhancing digital technologies for remittance services

d) Ensuring safe and regulated migration

Answer: d) Ensuring safe and regulated migration

10-What is the role of governments, private sector entities, and civil society in maximizing the impact of remittances?

a) They should discourage the use of remittances

b) They should focus on reducing the number of remittance recipients

c) They should find ways to maximize the impact of remittances through actions

d) They should increase the cost of remittance transfers

Answer: c) 

11-They shouThe Ministry of Coal in India is primarily focused on ensuring the energy security of the nation. True or False?

a) True

b) False

Answer: a) True

12-Where did the third and final working group on W-20 begin?

a) New Delhi

b) Chennai

c) Mumbai

d) Mahabalipuram

Answer: d) Mahabalipuram

13-Who launched the Unified Registration Portal for GOBARdhan?

a) Union Jal Shakti Minister

b) Union Minister of Education and Skill Development and Entrepreneurship

c) Vice Admiral Biswajit Dasgupta

d) Shaktikanta Das

Answer: a) Union Jal Shakti Minister

14-Who will confer the fourth National Water Awards in New Delhi?

a) Dharmendra Pradhan

b) Arjun Munda

c) Jagdeep Dhankhar

d) Shaktikanta Das

Answer: c) Jagdeep Dhankhar

15-In which sport did Esow Alben, representing India, win a bronze medal at the Finale Bahnen-Tournee 2023?

a) Cycling

b) Cricket

c) Tennis

d) Swimming

Answer: a) Cycling

16-Who signed seven agreements in various fields with India in June 2023?

a) Nepal

b) Gabon

c) Indonesia

d) Sri Lanka

Answer: a) Nepal

17-Which bank has been given approval by the Insurance Regulatory and Development Authority of India (IRDAI) to acquire up to 10% stake in ICICI Lombard General Insurance Company Limited?

a) SBI Mutual Fund

b) HDFC Bank

c) Axis Bank

d) Bank of Baroda

Answer: a) SBI Mutual Fund

18-Who inaugurated the indigenously designed and developed state-of-the-art Naval Airfield Integrated Security System (NAISS) and Naval Anti-Drone System (NADS)?

a) Vice Admiral Biswajit Dasgupta

b) Shaktikanta Das

c) Hardik Pandya

d) Pieter Elbers

Answer: a) Vice Admiral Biswajit Dasgupta

19-Which organization honored the governor of the Reserve Bank of India (RBI) with the title of 'Governor of the Year' for 2023?

a) Central Banking Awards 2023

b) National Payments Corporation of India (NPCI)

c) International Air Transport Association (IATA)

d) Ministry of Steel

Answer: a) Central Banking Awards 2023

20-Who has been elected as the chair-elect of the International Air Transport Association (IATA) Board of Governors?

a) Pieter Elbers

b) Biswajit Dasgupta

c) Dharmendra Pradhan

d) Hardik Pandya

Answer: a) Pieter Elbersld find ways to maximize the impact of remittances through actions

21-Which bank has become the first public sector bank to introduce an IVR-based UPI solution named UPI 123PAY?

a) Punjab National Bank (PNB)

b) Indian Overseas Bank (IOB)

c) Karnataka Vikas Grameena Bank (KVGB)

d) South Indian Bank (SIB)

Answer: a) Punjab National Bank (PNB)

22-What unique feature has Indian Overseas Bank (IOB) launched for its Savings Bank (SB) account customers?

a) My Account My Name

b) My Name My Account

c) IOB Unique Savings Feature

d) Unique Account Naming Feature

Answer: a) My Account My Name

23-Which bank has introduced the deposit scheme named 'Vikas Ashadeep 400 days'?

a) Punjab National Bank (PNB)

b) Indian Overseas Bank (IOB)

c) Karnataka Vikas Grameena Bank (KVGB)

d) South Indian Bank (SIB)

Answer: c) Karnataka Vikas Grameena Bank (KVGB)

24-What is the name of the digital account opening platform introduced by South Indian Bank (SIB)?

a) SIB Digital Account

b) SIB SWIFTe

c) Digital Paperless Account

d) SWIFTe Account Opening

Answer: b) SIB SWIFTe

25-Which committee of Reserve Bank of India (RBI) has released its report on customer service standards?

a) Committee for Review of Customer Service Standards

b) RBI Customer Service Committee

c) Customer Service Standards Review Committee

d) RBI Customer Committee

Answer: a) Committee for Review of Customer Service Standards

26-Who inaugurated the art exhibition titled 'Maharaja's Treasure: Select Works of Art from the Famed Air India Collection'?

a) Smt. Meenakshi Lekhi

b) Union Minister of State for External Affairs and Culture

c) Union Minister of Culture

d) Union Minister of State for Art and Culture

Answer: a) Smt. Meenakshi Lekhi

27-In which city was the art exhibition 'Maharaja's Treasure' hosted?

a) New Delhi

b) Mumbai

c) Chennai

d) Kolkata

Answer: b) Mumbai

28-Which city in India expressed its willingness to host the 2025 IIAS Annual Conference?

a) Kochi, Kerala

b) Mumbai, Maharashtra

c) New Delhi, Delhi

d) Bangalore, Karnataka

Answer: a) Kochi, Kerala

29-What was India's achievement in terms of seafood export during FY 2022-23?

a) Highest export in terms of volume

b) Highest export in terms of value (both US$ and Rupee)

c) Highest export to the USA market

d) Highest export in the last decade

Answer: b) Highest export in terms of value (both US$ and Rupee)

30-What is the annual rate of inflation based on all India Wholesale Price Index (WPI) for the month of May, 2023?

a) (-) 3.48% (Provisional)

b) (-) 0.92% (Provisional)

c) 3.48% (Provisional)

d) 0.92% (Provisional)

Answer: a) (-) 3.48% (Provisional)

31-Which railway station in Assam has been awarded the 'Eat Right Station' certification by FSSAI?

a) Guwahati Railway Station

b) Kolkata Railway Station

c) Mumbai Central Railway Station

d) Chennai Central Railway Station

Answer: a) Guwahati Railway Station

32-Which power generation company in India has secured the 433rd rank in Forbes' "The Global 2000" List for 2023?

a) NTPC Limited

b) Tata Power Company Limited

c) Adani Power Limited

d) Reliance Power Limited

Answer: a) NTPC Limited

33-Which energy transition platform has secured up to $250 million from SMBC Bank of Japan, ICG, and AIIB?

a) Amp Energy India

b) Tata Power Renewable Energy Limited

c) Adani Green Energy Limited

d) ReNew Power

Answer: a) Amp Energy India

34-Which bank launched the SBM World Elite Metal Debit Card?

a) Punjab National Bank (PNB)

b) Indian Overseas Bank (IOB)

c) Karnataka Vikas Grameena Bank (KVGB)

d) SBM Bank India

Answer: d) SBM Bank India

35-Which capital markets regulator in India has allowed mutual fund houses to conduct repo transactions on corporate debt securities, commercial papers, and certificate of deposits?

a) Reserve Bank of India (RBI)

b) Securities and Exchange Board of India (SEBI)

c) Insurance Regulatory and Development Authority of India (IRDAI)

d) Ministry of Finance

Answer: b) Securities and Exchange Board of India (SEBI)

36-Which insurance regulator has come out with draft guidelines for 'Bima Vahaks (BV)'?

a) Reserve Bank of India (RBI)

b) Securities and Exchange Board of India (SEBI)

c) Insurance Regulatory and Development Authority of India (IRDAI)

d) Ministry of Finance

Answer: c) Insurance Regulatory and Development Authority of India (IRDAI)

37-Who resigned as the chairman of Athletics Federation of India (AFI) Selection Committee?

a) Gurbachan Singh Randhawa

b) Pankaj Agrawal

c) Uttam Lal

d) Mirabai Chanu

Answer: a) Gurbachan Singh Randhawa

38-Who has taken over as Director (Personnel) at NHPC Limited?

a) Gurbachan Singh Randhawa

b) Pankaj Agrawal

c) Uttam Lal

d) Mirabai Chanu

Answer: c) Uttam Lal

39-Who has been appointed as the new Power Secretary by the Government of India (GoI)?

a) Gurbachan Singh Randhawa

b) Pankaj Agrawal

c) Uttam Lal

d) Mirabai Chanu

Answer: b) Pankaj Agrawal

40-Which aerospace firm launched its maiden satellite named Azista BST Aerospace First Runner (AFR)?

a) Azista BST Aerospace (ABA)

b) Indian Space Research Organisation (ISRO)

c) National Aeronautics and Space Administration (NASA)

d) SpaceX

Answer: a) Azista BST Aerospace (ABA)