Current Affairs Questions and Answers 01 October 2023

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01 October 2023 Current Affairs Questions And Answers: Here, we are providing the Current Affairs Questions and Answers for 01 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:

2023 SASTRA Ramanujan Prize
European Central Bank (ECB)
Asian Development Bank (ADB)
International Day of Non-Violence

1st 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 1st October Current Affairs 2023 Quiz covering the following topics Headlines: 2023 SASTRA Ramanujan Prize, International Day of Non-Violence, European Central Bank (ECB), Asian Development Bank (ADB).

Q1. Who is the recipient of the 2023 SASTRA Ramanujan Prize?
(a) Ruixiang Zhang
(b) Srinivasa Ramanujan
(c) Shaoming Guo
(d) Xiumin Du
(e) None of the above

Q2. Who is the Managing Director and CEO of Canara Bank?
(a) K. Satyanarayana Raju
(b) Raghuram Rajan
(c) Shaktikanta Das
(d) Urjit Patel
(e) M D Patra

Q3. Which Eurozone country experienced the largest drop in inflation in September 2023?
(a) Germany
(b) The Netherlands
(c) France
(d) Italy
(e) Spain

Q4. Who is the President of the European Central Bank (ECB)?
(a) Christine Lagarde
(b) Mario Draghi
(c) Gita Gopinath
(d) Benoit Coeure
(e) None of the above

Q5. What was the growth rate of India’s core sector in August 2023?
(a) 4.2%
(b) 8.4%
(c) 10.0%
(d) 12.1%
(e) None of the above

Q6. Which organization has recently endorsed capital management reforms, unleashing a substantial $100 billion fund over the next ten years?
(a) Asian Development Bank (ADB)
(b) World Bank
(c) International Monetary Fund (IMF)
(d) United Nations Development Programme (UNDP)
(e) None of the above

Q7. Which organization releases the Index of Industrial Production (IIP) data in India?
(a) Ministry of Commerce and Industry
(b) Reserve Bank of India (RBI)
(c) National Statistical Office of India (NSO)
(d) All of the above
(e) None of the above

Q8. Which organizations will collaborate to implement the initiative funded by the G20 Pandemic Fund?
(a) WHO and UNICEF
(b) Asian Development Bank, World Bank, and FAO
(c) Red Cross and Greenpeace
(d) UNESCO and UNDP
(e) None of the above

Q9. Who is the President of the Asian Development Bank (ADB)?
(a) Masatsugu Asakawa
(b) David Malpass
(c) Kristalina Georgieva
(d) Achim Steiner
(e) None of the above

Q10. Which countries are part of the BRICS economic alliance?
(a) Brazil, Russia, India, Canada, Australia
(b) Belgium, Romania, Iran, China, South Africa
(c) Brazil, Russia, India, China, South Africa
(d) Britain, Russia, Italy, China, Sweden
(e) None of the above

Q11. What is the purpose of the windfall tax?
(a) To capture excessive profits in the crude petroleum sector
(b) To make diesel more affordable for consumers and businesses
(c) To lower operational costs for airlines
(d) All of the above
(e) None of the above

Q12. What is the Union Budget’s target for the fiscal deficit in 2023-24?
(a) 5%
(b) 5.5%
(c) 5.9%
(d) 6.4%
(e) 6.71%

Q13. When and who proposed the idea of an International Day of Non-Violence?
(a) In 2004, by Iranian Nobel laureate Shirin Ebadi.
(b) In 2007, by the United Nations General Assembly.
(c) In 2023, by the Non-Violence Project Foundation.
(d) In 1948, by Mahatma Gandhi.
(e) None of the above.

Q14. Onam heralds the commencement of the Malayalam year, known as:
(a) Vishu
(b) Diwali
(c) Pongal
(d) Navaratri
(e) Kolla Varsham

Q15. Where did the Ninth India Region Conference of the Commonwealth Parliamentary Association (CPA) take place?
(a) New Delhi
(b) Mumbai
(c) Jaipur
(d) Udaipur
(e) Kolkata

Solutions

S1. Ans.(a)
Sol. Ruixiang Zhang, an Assistant Professor at the University of California, Berkeley, USA, has been selected as the recipient of the prestigious 2023 SASTRA Ramanujan Prize.

S2. Ans.(a)
Sol. K. Satyanarayana Raju is the Managing Director and CEO of Canara Bank.

S3. Ans.(b)
Sol. The Netherlands saw a decrease in consumer prices by 0.3 percent in September 2023, the largest drop in inflation among Eurozone countries.

S4. Ans(a)
Sol. Christine Lagarde has been President of the ECB since 2019.

S5. Ans.(d)
Sol. India’s core sector growth in August 2023 was 12.1%, a 14-month high.

S6. Ans.(a)
Sol. The Asian Development Bank (ADB) has recently endorsed capital management reforms, unleashing a substantial $100 billion fund over the next ten years.

S7. Ans.(c)
Sol. The National Statistical Office of India (NSO) releases the Index of Industrial Production (IIP) data in India.

S8. Ans.(b)
Sol. The initiative will be implemented by collaborating organizations including the Asian Development Bank, World Bank, and FAO.

S9. Ans.(a)
Sol. Masatsugu Asakawa is the President of the Asian Development Bank (ADB).

S10. Ans.(c)
Sol. The BRICS economic alliance consists of Brazil, Russia, India, China, and South Africa.

S11. Ans.(a)
Sol. The windfall tax is intended to capture excessive profits in the crude petroleum sector.

S12. Ans.(c)
Sol. The Union Budget aimed to restrict the fiscal deficit to 5.9% of the Gross Domestic Product (GDP) for 2023-24.

S13. Ans.(a)
Sol. In 2004, Iranian Nobel laureate Shirin Ebadi proposed the idea of an International Day of Non-Violence.

S14. Ans.(e)
Sol. Occurring between the months of August and September according to the Malayali calendar, Onam heralds the commencement of the Malayalam year, known as Kolla Varsham. This harvest festival resonates with the legend of King Mahabali, a generous and benevolent ruler.

S15. Ans.(d)
Sol. The eagerly awaited Ninth India Region Conference of the Commonwealth Parliamentary Association (CPA) took place in the historic city of Udaipur, located in the state of Rajasthan. Stretched across a duration of two days, the event received its inauguration from the distinguished Lok Sabha Speaker, Om Birla.