Current Affairs Questions and Answers 24 October 2023

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24 October 2023 Current Affairs Questions And Answers: Here, we are providing the Current Affairs Questions and Answers for 24 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:

Non-Basmati white rice exports from India
Gaganyaan mission TV-D1 test flight
‘Global Tax Evasion Report 2024’
Asian Para Games 2023
RBL Bank’s GO Savings Account
HDFC Bank’s cutting-edge digital platform

24th 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 24th October Current Affairs 2023 Quiz covering the following topics Headlines: Non-Basmati white rice exports from India, Gaganyaan mission TV-D1 test flight, ‘Global Tax Evasion Report 2024’, Asian Para Games 2023, RBL Bank’s GO Savings Account, HDFC Bank’s cutting-edge digital platform.

Q1. Which of the following is a missile system that Pakistan recently tested?
(a) Ababeel
(b) Fatah-1 Guided Multi-Launch Rocket System
(c) Shaheen-III
(d) Both (a) and (b)
(e) All of the above

Q2. Which of the following countries will receive the largest quota of non-Basmati white rice exports from India?
(a) Nepal
(b) Cameroon
(c) Malaysia
(d) Philippines
(e) Seychelles

Q3. Which organization is responsible for executing the non-Basmati white rice exports from India?
(a) Directorate General of Foreign Trade (DGFT)
(b) Ministry of Commerce and Industry
(c) National Cooperative Export Limited
(d) Food Corporation of India
(e) Agricultural and Processed Food Products Export Development Authority (APEDA)

Q4. Which major Indian states are the top cane-growing states facing issues due to poor monsoon rains?
(a) Uttar Pradesh and Gujarat
(b) Maharashtra and Karnataka
(c) Tamil Nadu and Andhra Pradesh
(d) Punjab and Haryana
(e) Bihar and West Bengal

Q5. What was the purpose of the Gaganyaan mission TV-D1 test flight?
(a) To evaluate the performance of drogue parachutes in stabilizing the spacecraft and decelerating it during reentry into Earth’s atmosphere.
(b) To assess the crew escape system and parachute-based deceleration system under various flight conditions.
(c) To simulate Earth-like atmospheric conditions and ensure crew safety.
(d) All of the above
(e) None of the above

Q6. Which initiative provides financial support, quality seeds, and timely weather information to empower farmers in making informed decisions regarding their crops?
(a) Swachh Bharat Abhiyan
(b) National Rural Employment Guarantee Act (NREGA)
(c) Pradhan Mantri Awas Yojana
(d) Kisan Credit Card (KCC) Scheme
(e) Make in India

Q7. What is the main objective of the European Union Tax Observatory’s ‘Global Tax Evasion Report 2024’?
(a) To advocate for the implementation of a global minimum tax on billionaires
(b) To evaluate international efforts to combat tax evasion
(c) To highlight the challenges of offshore tax evasion
(d) To assess the impact of the global minimum tax on multinational corporations
(e) All of the above

Q8. Who secured the top position in the 15th Mercer CFA Institute Global Pension Index (MCGPI)?
(a) Iceland
(b) Denmark
(c) Argentina
(d) Netherlands
(e) India

Q9. Where will the Asian Para Games 2023 opening ceremony be held?
(a) Hangzhou, China
(b) Tokyo, Japan
(c) Seoul, South Korea
(d) Jakarta, Indonesia
(e) New Delhi, India

Q10. What is the key feature of RBL Bank’s GO Savings Account?
(a) High-interest rates
(b) Zero-balance account
(c) Premium debit card
(d) Vouchers and perks
(e) All of the above

Q11. What is the name of HDFC Bank’s cutting-edge digital platform?
(a) XpressWay
(b) NOW
(c) HDFC Digital
(d) HDFC Mobile
(e) HDFC NetBanking

Q12. What is HDFC Bank’s ‘NOW’ initiative?
(a) An umbrella brand encompassing the bank’s digital products and services
(b) A commitment to embracing digital solutions for the benefit of customers
(c) A customer-centric approach to banking
(d) All of the above
(e) None of the above

Q13. Which film received the Best Feature Film award at the 69th National Film Awards?
(a) Rocketry
(b) Godavari
(c) RRR
(d) The Kashmir Files
(e) Mimi

Q14. What is the name of NLC India’s wholly-owned subsidiary in the renewable energy sector?
(a) NLC India Green Energy Limited (NIGEL)
(b) NLC India Renewable Energy Limited (NIRL)
(c) NLC India Sustainable Energy Limited (NISEL)
(d) NLC India Green Power Limited (NIGPL)
(e) NLC India Clean Energy Limited (NICEL)

Q15. What is the importance of battery energy storage systems (BESS) in the Indian power grid?
(a) To help integrate renewable energy into the grid
(b) To provide flexibility and reliability to the grid
(c) To reduce the need for fossil fuel-based power plants
(d) All of the above
(e) None of the above

Solutions

S1. Ans.(d)
Sol. Pakistan recently conducted a test launch of its Ababeel ballistic missile system. It also mentions that in 2021, Pakistan successfully tested the Fatah-1 Guided Multi-Launch Rocket System.

S2. Ans.(d)
Sol. Philippines will receive the largest quota of non-Basmati white rice exports from India, with up to 295,000 metric tonnes eligible for export.

S3. Ans.(c)
Sol. The responsibility for executing the non-Basmati white rice exports from India falls to the National Cooperative Export Limited.

S4. Ans.(b)
Sol. Maharashtra and Karnataka are the major cane-growing states facing problems due to inconsistent monsoon rains.

S5. Ans.(a)
Sol. Gaganyaan mission TV-D1 test flight was designed to evaluate the performance of drogue parachutes in stabilizing the spacecraft and decelerating it during reentry into Earth’s atmosphere.

S6. Ans.(d)
Sol. The KCC Scheme, along with other related initiatives, aims to provide financial support, quality seeds, and timely weather information to empower farmers.

S7. Ans.(e)
Sol. The main objective of the ‘Global Tax Evasion Report 2024’ is to advocate for the implementation of a global minimum tax on billionaires, evaluate international efforts to combat tax evasion, highlight the challenges of offshore tax evasion, and assess the impact of the global minimum tax on multinational corporations.

S8. Ans.(d)
Sol. The MCGPI ranked the Netherlands at the first position in the evaluation.

S9. Ans.(a)
Sol. The Asian Para Games 2023 opening ceremony will take place in Hangzhou, China.

S10. Ans.(e)
Sol. GO Savings Account offers all of the following features: high-interest rates, zero-balance account, premium debit card, vouchers and perks, comprehensive insurance coverage, CIBIL report, and premium banking services.

S11. Ans.(a)
Sol. HDFC Bank has introduced its cutting-edge digital platform, XpressWay, to streamline and expedite its banking products and services.

S12. Ans.(a)
Sol. XpressWay is an integral component of HDFC Bank’s ‘NOW,’ an umbrella brand encompassing the bank’s digital products and services. This initiative represents the bank’s commitment to embracing digital solutions for the benefit of customers.

S13. Ans.(a)
Sol. Rocketry. It was awarded the Best Feature Film.

S14. Ans.(a)
Sol. NLC India has established a wholly-owned subsidiary in the renewable energy sector known as NLC India Green Energy Limited (NIGEL).

S15. Ans.(d)
Sol. NLC India Green Energy Limited (NIGEL) recognizes the immense potential of BESS in the nation’s power grid. BESS can help integrate renewable energy into the grid, provide flexibility and reliability to the grid, and reduce the need for fossil fuel-based power plants.