Current Affairs Questions and Answers 23 August 2023

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23 August 2023 Current Affairs Questions And Answers: Here, we are providing the Current Affairs Questions and Answers for 23 August 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:

Canara Digital Rupee App
CEO of Viacom18’s digital business division
‘Namoh 108’ lotus variety
G20 Pandemic Fund
BRICS economic alliance

23rd August 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 23rd August Current Affairs 2023 Quiz covering the following topics Headlines: Canara Digital Rupee App, CEO of Viacom18’s digital business division, ‘Namoh 108’ lotus variety, G20 Pandemic Fund, BRICS economic alliance.

Q1. What is the name of the mobile application introduced by Canara Bank?
(a) Canara Mobile Banking App
(b) Canara Digital Payment App
(c) Canara UPI Wallet
(d) Canara Digital Rupee App
(e) Canara e-Pay

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. Who has been appointed as the CEO of Viacom18’s digital business division?
(a) Kevin Vaz
(b) Alok Jain
(c) Kiran Mani
(d) Shaktikanta Das
(e) Nirmala Sitharaman

Q4. What is the significance of the Canara Digital Rupee app in the context of the Reserve Bank of India’s (RBI) initiative?
(a) It is the first app to offer cryptocurrency trading.
(b) It is the first app to offer credit card payments.
(c) It is the first app to offer cash withdrawal services.
(d) It is the first app to be part of RBI’s Central Bank Digital Currency (CBDC) pilot project.
(e) It is the first app to offer international money transfers.

Q5. Where was the ‘Namoh 108’ lotus variety discovered?
(a) Uttar Pradesh
(b) Bihar
(c) Manipur
(d) Rajasthan
(e) Gujarat

Q6. How many IT professionals are targeted for reskilling and upskilling under the extended Digital India project?
(a) 1 lakh IT professionals
(b) 2.5 lakh IT professionals
(c) 5.25 lakh IT professionals
(d) 10 lakh IT professionals
(e) 20 lakh IT professionals

Q7. What is the estimated total cost of the PM-eBus Sewa scheme?
(a) Rs 10,000 crore
(b) Rs 30,000 crore
(c) Rs 50,000 crore
(d) Rs 57,613 crore
(e) Rs 100,000 crore

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. When was the ASEAN-India Trade in Goods Agreement (AITIGA) originally signed?
(a) 2005
(b) 2009
(c) 2013
(d) 2017
(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. In which Russian port has India’s contribution to cargo handling been significant?
(a) Vladivostok
(b) Saint Petersburg
(c) Kaliningrad
(d) Murmansk ###
(e) Novorossiysk

Q12. Who among the following individuals has been reappointed as a director on the central board of the State Bank of India (SBI)?
(a) Rajesh Kumar Dubey
(b) Ketan Shivji Vikamsey
(c) Mrugank Madhukar Paranjape
(d) Dharmendra Singh Shekhawat
(e) None of the above

Q13. Onam, a significant cultural celebration in Kerala, spans over how many days?
(a) 5 days
(b) 7 days
(c) 9 days
(d) 10 days
(e) 12 days

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.(d)
Sol. Canara Bank, a leading player in the Indian banking sector, has taken a monumental step by introducing the UPI interoperable digital rupee mobile application. This move places Canara Bank at the forefront of innovation, becoming the first bank across both the public and commercial sectors to offer this pioneering feature. The app, named the Canara Digital Rupee app, marks a significant milestone as a part of the Reserve Bank of India’s (RBI) Central Bank Digital Currency (CBDC) pilot project.

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

S3. Ans.(c)
Sol. Kiran Mani has been appointed as the CEO of Viacom18’s digital business division.

S4. Ans(d)
Sol. The Canara Digital Rupee app is part of the Reserve Bank of India’s (RBI) Central Bank Digital Currency (CBDC) pilot project.

S5. Ans.(c)
Sol. The extension of the Digital India project aims to advance India’s technological landscape and further its digital transformation journey.

S6. Ans.(c)
Sol. The ‘Namoh 108’ lotus variety was discovered in the region of Manipur.

S7. Ans.(d)
Sol. The PM-eBus Sewa scheme is projected to incur a total cost of Rs 57,613 crore.

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

S9. Ans.(b)
Sol. The Joint Committee of the ASEAN-India Trade in Goods Agreement (AITIGA), which was originally signed in 2009, convened to discuss the roadmap for revisiting the pact. The committee successfully finalized the terms of reference for commencing fresh negotiations, setting the stage for a comprehensive review of the trade agreement.

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

S11. Ans.(d)
Sol. India’s contribution to cargo handling has been significant at the Murmansk port.

S12. Ans.(b)
Sol. Ketan Shivji Vikamsey. He has been reappointed as a director on the central board of SBI.

S13. Ans.(d)
Sol. The enchanting festivities of Onam, a significant cultural celebration in the state of Kerala, have graced the calendar from August 20 to August 31 this year. Stretching over a span of ten days, the Thiru-Onam or Thiruvonam celebrations carry an air of excitement and exuberance as they commemorate the return of the revered King Mahabali, also known as Maveli.

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.