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Current Affairs Questions and Answers 03 November 2023

03 November 2023 Current Affairs Questions And Answers: Here, we are providing the Current Affairs Questions and Answers for 03 November 2023. These types of topics are important for candidates who prepare for Bank Exam 2023. In this article, we are covering the following topics Headlines:

  • State GST revenues
  • Police Establishment Board (PEB)
  • World Health Organization Regional Director for South-East Asia
  • Deep-ocean exploration
  • ‘Mera Yuva Bharat (MY Bharat)’

03rd November Current Affairs 2023 Quiz

The Current Affairs 2023 section constitutes a major part of the General Awareness section in a competitive examination and plays an instrumental role. To supplement your preparation for the General Awareness Section of the upcoming exams like IBPS PO/Clerk Mains, SBI PO Mains and SEBI Grade A Prelims, we are providing you 03rd November Current Affairs 2023 Quiz covering the following topics Headlines: State GST revenues, World Health Organization Regional Director for South-East Asia, Deep-ocean exploration, Agartala-Akhaura rail link project, ‘Mera Yuva Bharat (MY Bharat)’.

Q1. Which state reported negative growth in State GST revenues for the first seven months of 2023-24?
(a) Manipur
(b) Himachal Pradesh
(c) Both (a) and (b)
(d) Bihar
(e) None of the above

Q2. What is the average monthly GST collection for FY 2023-24?
(a) ₹1.66 lakh crore
(b) ₹1.72 lakh crore
(c) ₹1.8 lakh crore
(d) ₹1.9 lakh crore
(e) ₹2 lakh crore

Q3. What is the total revenue of the Central GST (CGST) and State GST (SGST) after regular settlements in October 2023?
(a) ₹72,934 crore and ₹74,785 crore, respectively
(b) ₹91,315 crore and ₹38,171 crore, respectively
(c) ₹30,062 crore and ₹42,873 crore, respectively
(d) ₹1.72 lakh crore
(e) None of the above

Q4. Which of the following is NOT a function of the Police Establishment Board (PEB)?
(a) Handling transfers, postings, promotions, and other service-related matters for police officers up to the rank of Deputy Superintendents (DSPs).
(b) Selecting and placing heads of Central Police Organizations with a minimum two-year tenure.
(c) Addressing serious misconduct complaints against officers with the rank of SP or higher.
(d) Investigating custodial deaths, grievous harm, or rape in police custody.
(e) None of the above.

Q5. Who was elected as the World Health Organization Regional Director for South-East Asia?
(a) Saima Wazed
(b) Sheikh Hasina
(c) Shambhu Prasad Acharya
(d) A WHO official from Nepal
(e) A candidate from India

Q6. What is the term duration for the WHO Regional Director for South-East Asia?
(a) 2 years
(b) 3 years
(c) 4 years
(d) 5 years
(e) 6 years

Q7. The submersible that will be used in DOM is called:
(a) Samudrayaan
(b) Matsya6000
(c) Deep Ocean Explorer
(d) Indian Deep Sea Vehicle
(e) None of the above

Q8. One of the main challenges in deep-ocean exploration is:
(a) High pressure
(b) Soft ocean bed
(c) Material extraction complexity
(d) Visibility issues
(e) All of the above

Q9. What is the current status of ₹2,000 banknotes in circulation?
(a) More than 97% of the ₹2,000 banknotes in circulation have been returned.
(b) The remaining ₹2,000 banknotes in circulation are still considered legal tender.
(c) The RBI has stopped accepting ₹2,000 banknotes for deposit and exchange.
(d) All of the above.
(e) None of the above.

Q10. What is a Phygital Ecosystem?
(a) A unique blend of physical and digital experiences, ensuring accessibility and active engagement.
(b) A centralized youth database to track and support youth development initiatives.
(c) A platform to facilitate communication between youth, government initiatives, and other stakeholders.
(d) A program to foster leadership and social innovation among the youth.
(e) A program to align youth aspirations with community needs.

Q11. Who is the age group targeted by ‘Mera Yuva Bharat (MY Bharat)’?
(a) 5-14 years
(b) 10-19 years
(c) 20-30 years
(d) 15-29 years
(e) 30-40 years

Q12. What was the average number of road accidents per hour in India in 2022?
(a) 63
(b) 53
(c) 73
(d) 43
(e) 93

Q13. What is the future vision for UPI transactions by 2030?
(a) 1 billion transactions
(b) 2 billion transactions
(c) 3 billion transactions
(d) 4 billion transactions
(e) 5 billion transactions

Q14. Which of the following is a benefit of India’s focus on renewable energy and environmentally friendly power generation for the semiconductor manufacturing process?
(a) It reduces costs.
(b) It improves sustainability.
(c) It increases reliability.
(d) All of the above
(e) None of the above

Q15. What is the new name given to the ‘Throne Room’ at the Raj Bhavan in Kolkata?
(a) Mahatma Gandhi Unity Room
(b) Sardar Vallabhbhai Patel Unity Room
(c) Jawaharlal Nehru Memorial Room
(d) Tipu Sultan Historical Chamber
(e) Subhas Chandra Bose Legacy Hall

Solutions

S1. Ans.(c)
Sol. Both Manipur and Himachal Pradesh reported negative growth in State GST revenues for the first seven months of 2023-24.

S2. Ans.(a)
Sol. The average monthly GST collection for FY 2023-24 stands at ₹1.66 lakh crore, representing an 11% increase over the previous financial year.

S3. Ans.(a)
Sol. October’s GST revenues included CGST of ₹30,062 crore, SGST of ₹38,171 crore, and IGST of ₹91,315 crore. The government settled ₹42,873 crore to CGST and ₹36,614 crore to SGST from IGST, resulting in a total revenue of ₹72,934 crore for CGST and ₹74,785 crore for SGST in October 2023 after regular settlements.

S4. Ans.(b)
Sol. The PEB is not responsible for selecting and placing heads of Central Police Organizations. This is the function of the National Security Commission.

S5. Ans.(a)
Sol. Saima Wazed, as mentioned in the passage. She was elected as the WHO Regional Director for South-East Asia.

S6. Ans.(d)
Sol. The Regional Director serves a five-year term.

S7. Ans.(b)
Sol. The submersible that will be used in DOM is called Matsya6000.

S8. Ans.(e)
Sol. All of the above are main challenges in deep-ocean exploration.

S9. Ans.(d)
Sol. More than 97% of the ₹2,000 banknotes in circulation as of May 19, 2023, have been returned by October 31, 2023. The remaining ₹2,000 banknotes in circulation are still considered legal tender, but the RBI has stopped accepting them for deposit and exchange at bank branches. Starting from October 9, 2023, individuals can deposit ₹2,000 banknotes to their bank accounts at RBI Issue Offices or send them through India Post.

S10. Ans.(a)
Sol. A Phygital Ecosystem is a unique blend of physical and digital experiences that ensures accessibility and active engagement.

S11. Ans.(b)
Sol. ‘Mera Yuva Bharat (MY Bharat)’ benefits young individuals aged 10-19 years.

S12. Ans.(b)
Sol. the average number of road accidents per hour in India in 2022 is 53.

S13. Ans.(b)
Sol. NPCI’s Chief, Dilip Asbe, has set an ambitious goal of achieving 2 billion daily UPI transactions by 2030.

S14. Ans.(d)
Sol. India’s commitment to clean and green power sources aligns with global trends and ensures a stable and sustainable power supply for the semiconductor manufacturing process.

S15. Ans.(b)
Sol. The ‘Throne Room’ has been renamed to ‘Sardar Vallabhbhai Patel Unity Room’ in honor of the freedom fighter.

03rd November 2023 Current Affairs Quiz: Download PDF

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FAQs

What is the average monthly GST collection for FY 2023-24?

The average monthly GST collection for FY 2023-24 stands at ₹1.66 lakh crore, representing an 11% increase over the previous financial year.