Current Affairs Questions and Answers 1st September 2023

Table of Contents

1 September 2023 Current Affairs Questions And Answers: Here, we are providing the Current Affairs Questions and Answers for 1 September 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:

Bandhan Bank
ACME-Tata Steel project in Odisha
NITI Aayog and UNDP for SDG acceleration
Global Partnership on Artificial Intelligence (GPAI)
Aditya L1 Mission

1st September 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 September Current Affairs 2023 Quiz covering the following topics Headlines: Bandhan Bank, ACME-Tata Steel project in Odisha, NITI Aayog and UNDP for SDG acceleration, Global Partnership on Artificial Intelligence (GPAI), Aditya L1 Mission.

Q1. Who granted Bandhan Bank the authorization for pension disbursement?
(a) Reserve Bank of India (RBI)
(b) Ministry of Finance
(c) Central Pension Accounting Office (CPAO)
(d) National Capital Territory of Delhi
(e) All India Service Officers

Q2. What is the subscription model for the ‘Infinity Savings Account’?
(a) Monthly and Annual plans with fees of Rs150 and Rs1650 respectively.
(b) Only a one-time lifetime fee of Rs1500.
(c) Quarterly plans with varying fees.
(d) Free for the first year, followed by a fixed annual fee.
(e) A pay-as-you-go model based on the number of transactions.

Q3. What will the green ammonia production facility in Gopalpur utilize as its energy source?
(a) Green hydrogen produced by renewable energy
(b) Conventional grey hydrogen
(c) Natural gas through steam methane reforming
(d) Coal-based hydrogen production
(e) Nuclear energy

Q4. What is the estimated investment for the entire ACME-Tata Steel project in Odisha?
(a) Rs 27,000 crore
(b) Rs 10,000 crore
(c) Rs 50,000 crore
(d) Rs 5,000 crore
(e) Rs 15,000 crore

Q5. What is the primary focus of the collaboration between NITI Aayog and UNDP for SDG acceleration in India?
(a) Enhancing data-driven monitoring and decision-making
(b) Strengthening military cooperation
(c) Promoting cultural exchange programs
(d) Expanding agricultural exports
(e) Implementing tax reforms

Q6. Which Indian state led in attracting FDI during the first quarter of FY 2023-24?
(a) Maharashtra
(b) Karnataka
(c) Delhi
(d) Telangana
(e) Gujarat

Q7. What role does India hold in the Global Partnership on Artificial Intelligence (GPAI)?
(a) Chair
(b) Observer
(c) Member
(d) Secretary
(e) Coordinator

Q8. Which areas will the Global IndiaAI 2023 Summit focus on?
(a) Healthcare, governance, and electric vehicles.
(b) Space exploration and AI ethics.
(c) Robotics and entertainment.
(d) Social media and cybersecurity.
(e) Agricultural technology and fashion.

Q9. When is the launch date of the Aditya L1 Mission?
(a) 2nd September 2023
(b) 15th August 2023
(c) 1st October 2023
(d) 10th July 2023
(e) 30th September 2023

Q10. What is the designated destination of the Aditya L1 spacecraft?
(a) Moon’s surface
(b) Mars’ orbit
(c) Lagrange Point 1 (L1)
(d) Jupiter’s atmosphere
(e) Saturn’s rings

Q11. Who is the new appointee as India’s chargé d’affaires at its high commission in Islamabad, Pakistan?
(a) Geetika Srivastava
(b) Suresh Kumar
(c) Shri Bisaria
(d) Taranjit Singh Sandhu
(e) None of the above

Q12. Who won the title of Miss Earth India 2023 during the Miss Divine Beauty 2023 national final?
(a) Priyan Sain
(b) Vanshika Parmar
(c) Mina Sue Choi
(d) Sheridan Mortlock
(e) Jaipur, Rajasthan

Q13. Which state stands as a testament to the adage “Great things come in small packages”?
(a) Goa
(b) Uttar Pradesh
(c) Maharashtra
(d) Madhya Pradesh
(e) Karnataka

Q14. What was the outcome of the final match in the inaugural Women’s Asian Hockey 5s World Cup Qualifier?
(a) India defeated Thailand 7-2.
(b) India lost to Thailand 7-2.
(c) India and Thailand had a tie with a score of 7-2.
(d) Thailand defeated India 2-7.
(e) India and Thailand were disqualified.

Q15. What is the main feature of Axis Bank’s ‘Infinity Savings Account’?
(a) No minimum balance requirement.
(b) Unlimited international transactions.
(c) Mandatory physical visits to the bank.
(d) Annual fee of Rs150 (plus GST).
(e) Restriction on ATM withdrawals.

Solutions

S1. Ans.(a)
Sol. The Reserve Bank of India (RBI) authorized Bandhan Bank to be an authorized pension disbursement bank in association with the Central Pension Accounting Office (CPAO).

S2. Ans.(a)
Sol. Monthly and Annual plans with fees of Rs150 and Rs1650 respectively. Customers can choose between these two subscription options to access the exclusive privileges of the ‘Infinity Savings Account.’

S3. Ans.(a)
Sol. Green hydrogen produced by renewable energy. The green ammonia production facility will utilize green hydrogen generated through the electrolysis process powered by renewable energy sources like solar or wind.

S4. Ans.(a)
Sol. The project’s estimated total investment is Rs 27,000 crore, which will be invested in phases.

S5. Ans.(a)
Sol. Enhancing data-driven monitoring and decision-making. The collaboration aims to utilize data-driven insights to track progress towards Sustainable Development Goals (SDGs) and make informed policy decisions.

S6. Ans.(a)
Sol. According to Deputy Chief Minister Devendra Fadnavis, Maharashtra secured the top rank in attracting FDI worth Rs 36,634 crore in the first quarter of FY 2023-24.

S7. Ans.(a)
Sol. India assumed the chair of the Global Partnership on Artificial Intelligence (GPAI) in November, which gives it a leadership position in the international AI community.

S8. Ans.(a)
Sol. The summit will focus on AI applications in healthcare, governance, and next-generation electric vehicles, among other topics.

S9. Ans.(a)
Sol. The launch date of the Aditya L1 Mission is set for 2nd September 2023.

S10. Ans.(c)
Sol. The Aditya L1 spacecraft’s destination is the Lagrange Point 1 (L1), situated about 1.5 million kilometers from Earth.

S11. Ans.(a)
Sol. Geetika Srivastava has been appointed as India’s new chargé d’affaires at its high commission in Islamabad, Pakistan.

S12. Ans.(a)
Sol. Priyan Sain emerged as the winner of the Miss Earth India 2023 title during the Miss Divine Beauty 2023 national final.

S13. Ans.(a)
Sol. Goa stands as a testament to the adage “Great things come in small packages,” referring to its remarkable cultural and natural heritage despite its small geographical size.

S14. Ans.(a)
Sol. India defeated Thailand 7-2 in the final match of the inaugural Women’s Asian Hockey 5s World Cup Qualifier.

S15. Ans.(a)
Sol. The main feature of Axis Bank’s ‘Infinity Savings Account’ is that it has no minimum balance requirement, eliminating the need for customers to meet any average monthly balance (AMB) criteria.