Current Affairs Questions and Answers 19 October 2023

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19 October 2023 Current Affairs Questions And Answers: Here, we are providing the Current Affairs Questions and Answers for 19 October 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:

GDP growth rate expected by CRISIL for India
Blue economy unveiled by Prime Minister Modi
India’s human spaceflight project
Merger of IDFC and IDFC First Bank
Kati Bihu

19th October 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 19th October Current Affairs 2023 Quiz covering the following topics Headlines: GDP growth rate expected by CRISIL for India, Blue economy unveiled by Prime Minister Modi, India’s human spaceflight project, Merger of IDFC and IDFC First Bank, Kati Bihu.

Q1. What is the average GDP growth rate expected by CRISIL for India between FY24 and FY31?

(a) 6.7%

(b) 7.5%

(d) 9.1%

(e) 10%

Q2. Which four key sectors have earned an overall score of 7 or higher out of 10 in the CRISIL InfraInvex?

(a) Roads and highways, power transmission, renewable energy, and ports

(b) Railways, airports, telecom, and logistics

(d) Oil and gas, mining, metals, and cement

(e) All of the above

Q3. What is the name of the long-term vision document for the blue economy unveiled by Prime Minister Modi?

(a) Amrit Kaal Vision 2047

(b) Blue Economy Vision 2047

(d) Blue Economy for a Sustainable Future

(e) Maritime India for a Sustainable Future

Q4. Who has been nominated for the 2023 World Athlete of the Year award by World Athletics?

(a) Usain Bolt

(b) Neeraj Chopra

(d) Serena Williams

(e) Rafael Nadal

Q5. What is the name of the all-weather deep-draft terminal that Prime Minister Modi laid the foundation stone for at the Deendayal Port Authority in Gujarat?

(a) Tuna-Tekra

(b) Gujarat Maritime Terminal

(d) IMEEC Gateway Terminal

(e) None of the above

Q6. What is the name of India’s human spaceflight project that aims to launch three crew members into orbit for three days in 2025?

(a) Gaganyaan

(b) Chandrayaan

(d) Bharatiya Antariksha Station

(e) None of the above

Q7. What is the name of the international agreement that India signed with NASA to partner with other nations on space exploration?

(a) Gaganyaan

(b) Chandrayaan

(d) Artemis Accords

(e) None of the above

Q8. Which government agency has approved the merger of IDFC and IDFC First Bank?

(a) Securities and Exchange Board of India (SEBI)

(b) Reserve Bank of India (RBI)

(d) Competition Commission of India (CCI)

(e) All of the above

Q9. What was India’s Foreign Tourist Arrivals (FTAs) in 2022?

(a) 4.5 million

(b) 6.19 million

(d) 5.9 million

(e) 8.2 million

Q10. Which organization collaborated with the Indian Army to achieve the installation of the mobile tower at Siachen Glacier?

(a) Indian Space Research Organisation (ISRO)

(b) Bharat Sanchar Nigam Limited (BSNL)

(d) National Informatics Centre (NIC)

(e) Defense Research and Development Organization (DRDO)

Q11. What percentage stake did IDFC hold in IDFC First Bank as of June 30, 2023?

(a) 30.93%

(b) 50%

(d) 70%

(e) 80%

Q12. What is the name of the mascot unveiled for the Women’s Asian Champions Trophy 2023?

(a) ‘Betla’

(b) ‘Athleticia’

(d) ‘Pachyderm’

(e) ‘Ellie’

Q13. Which of the following banks was penalized for violating RBI directions on deposit placement and Cash Reserve Ratio (CRR)?

(a) Gujarat Mercantile Co-operative Bank Ltd.

(b) Nagarik Sahakari Bank Ltd.

(d) All of the above

(e) None of the above

Q14. What is the meaning of the nickname “Kongali Bihu”?

(a) Poor Bihu

(b) Hungry Bihu

(d) All of the above

(e) None of the above

Q15. Which of the following is TRUE about Kati Bihu?

(a) It is a solemn festival that marks the beginning of the rice crop’s growth and the start of the new harvest season.

(b) It is a time to celebrate the importance of the harvest and connect with one’s agricultural roots.

(d) All of the above

(e) None of the above

Solutions

S1. Ans.(a)

Sol. CRISIL anticipates India’s GDP to grow at an average rate of 6.7% through FY31, making it the fastest-expanding large economy globally.

S2. Ans.(a)

Sol. Four key sectors—roads and highways, power transmission, renewable energy, and ports—have earned an overall score of 7 or higher out of 10 in the CRISIL InfraInvex, highlighting the pace of reforms and development in recent years.

S3. Ans.(a)

Sol. Prime Minister inaugurated and dedicated to the nation several projects worth more than Rs 23,000 crore that are aligned with the ‘Amrit Kaal Vision 2047’ for the Indian maritime blue economy.

S4. Ans.(b)

Sol. Neeraj Chopra has been officially nominated for the 2023 World Athlete of the Year award by World Athletics.

S5. Ans.(a)

Sol. Prime Minister Modi laid the foundation stone for the Tuna-Tekra all-weather deep-draft terminal at the Deendayal Port Authority in Gujarat.

S6. Ans.(a)

Sol. India’s human spaceflight project is called the “Gaganyaan mission.” It is scheduled for launch in 2025.

S7. Ans.(d)

Sol. India signed NASA’s Artemis Accords, partnering with other nations on space exploration.

S8. Ans.(d)

Sol. The Competition Commission of India (CCI) has approved the merger of IDFC and IDFC First Bank.

S9. Ans.(b)

Sol. In 2022, India recorded Foreign Tourist Arrivals (FTAs) of 6.19 million.

S10. Ans.(b)

Sol. BSNL collaborated with the Indian Army to install the mobile tower at Siachen Glacier.

S11. Ans.(a)

Sol. As of June 30, 2023, IDFC held a 30.93 percent stake in IDFC First Bank through its non-financial holding company.

S12. Ans.(c)

Sol. The mascot for the Women’s Asian Champions Trophy 2023 is named ‘Juhi,’ inspired by an elephant from Betla National Park.

S13. Ans.(a)

Sol. Gujarat Mercantile Co-operative Bank Ltd. was penalized for violating RBI directions on deposit placement and Cash Reserve Ratio (CRR).

S14. Ans.(a)

Sol. Kati Bihu is also known as Kongali Bihu, which means “Poor Bihu” in Assamese. This is because the festival coincides with a time of scarcity, when the granaries are empty and the paddy fields are still growing.

S15. Ans.(d)

Sol. Kati Bihu is a solemn festival that marks the beginning of the rice crop’s growth and the start of the new harvest season. It is a time to celebrate the importance of the harvest and connect with one’s agricultural roots. The festival is also marked by traditional dances, music, and feasting.