Current Affairs Questions and Answers 27 August 2023

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27 August 2023 Current Affairs Questions And Answers: Here, we are providing the Current Affairs Questions and Answers for 27 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:

‘Tomb of the Unknown Soldier’ in Athens
Nagarnar Steel Plant
India Smart Cities Awards 2022
RBI increased the upper limit for offline payment transactions
Atal Residential Schools

27th 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 27th August Current Affairs 2023 Quiz covering the following topics Headlines: ‘Tomb of the Unknown Soldier’ in Athens, Nagarnar Steel Plant, India Smart Cities Awards 2022, RBI increased the upper limit for offline payment transactions, Atal Residential Schools.

Q1. The ‘Tomb of the Unknown Soldier’ in Athens is a war memorial that commemorates:
(a) Famous generals and military leaders
(b) Greek political leaders
(c) Soldiers from ancient battles
(d) Greek soldiers who sacrificed their lives in different conflicts
(e) The victims of natural disasters

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. The Nagarnar Steel Plant recently achieved a remarkable milestone by rolling out its inaugural:
(a) Blast furnace
(b) Steel sheet
(c) Cold Rolled Coil
(d) Hot Rolled Coil
(e) Steel ingot

Q5. Which city has been recognized as the best city in the India Smart Cities Awards 2022?
(a) Surat
(b) Agra
(c) Indore
(d) Coimbatore
(e) Chandigarh

Q6. Which state has been recognized as the best state in the Smart Cities Mission 2022?
(a) Madhya Pradesh
(b) Tamil Nadu
(c) Rajasthan
(d) Uttar Pradesh
(e) Maharashtra

Q7. The Hubble Space Telescope is renowned for its ability to provide high-resolution images of celestial objects. It operates primarily in which part of the electromagnetic spectrum?
(a) Radio waves
(b) Infrared
(c) Ultraviolet
(d) X-rays
(e) Visible light

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. The Reserve Bank of India (RBI) recently increased the upper limit for offline payment transactions from ₹200 to:
(a) ₹300
(b) ₹400
(c) ₹500
(d) ₹600
(e) ₹700

Q11. In case of technical or transaction security issues at the merchant’s end, who bears the associated liabilities?
(a) RBI
(b) Payment instrument issuers
(c) Consumers
(d) Acquirers
(e) Government

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. The Uttar Pradesh Cabinet, led by Chief Minister Yogi Adityanath, has approved the establishment of how many ‘Atal Residential Schools’ across the state’s divisions?
(a) 12
(b) 15
(c) 18
(d) 20
(e) 22

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

Q15. Women’s Equality Day is observed annually on August 26. What is the theme of Women’s Equality Day in 2023?
(a) “Empowerment Through Education”
(b) “Breaking Barriers”
(c) “Embrace Equity”
(d) “Gender Parity Now”
(e) “Empowering Tomorrow’s Leaders”

Solutions

S1. Ans.(d)
Sol. The ‘Tomb of the Unknown Soldier’ in Athens is a war memorial that specifically commemorates Greek soldiers who sacrificed their lives in different conflicts. It serves as a tribute to the valor and sacrifices of these unnamed soldiers who gave their lives in service to their nation during various wars. The memorial holds great significance for the people of Greece.

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 Nagarnar Steel Plant achieved the milestone of rolling out its first Hot Rolled (HR) Coil. This is a significant achievement, as it demonstrates the successful production of a key steel product within a short time frame.

S5. Ans.(c)
Sol. The India Smart Cities Awards 2022 recognized Indore as the best city. The city’s remarkable track record, including being ranked as the cleanest city in the Swachh Bharat Mission for six consecutive years, contributed to its recognition as the best city.

S6. Ans.(a)
Sol. Madhya Pradesh has been recognized as the best state in the Smart Cities Mission. This recognition is a testament to the state’s significant commitment to urban development and its efforts to implement multi-sectoral projects aimed at enhancing the quality of life for citizens.

S7. Ans.(e)
Sol. The Hubble Space Telescope operates primarily in the visible light portion of the electromagnetic spectrum. Its high-resolution images provide valuable insights into celestial objects such as galaxies, nebulae, and stars, helping astronomers study the universe’s mysteries.

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 Reserve Bank of India (RBI) increased the upper limit for offline payment transactions from ₹200 to ₹500. This means that consumers can now make offline payments of up to ₹500 without needing an active internet connection. This change is aimed at enhancing user convenience and promoting digital payment adoption.

S11. Ans.(d)
Sol. In the event of technical or transaction security issues arising at the merchant’s end, the acquirer (the entity facilitating payment acceptance) will bear the associated liabilities. This measure holds the acquirer accountable for maintaining a secure and reliable payment environment, protecting both merchants and consumers.

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

S13. Ans.(c)
Sol. The Uttar Pradesh Cabinet has approved the establishment of 18 ‘Atal Residential Schools’ across all 18 divisions of the state. These schools are envisioned to provide high-quality education and become centers of excellence in education. Modeled after Navodaya Vidyalayas, they are expected to offer quality education to students from classes six to twelve, with a capacity of 1,000 students in each school, including 500 girls and 500 boys.

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.(c)
Sol. The theme of Women’s Equality Day in 2023 is “Embrace Equity.” This theme underscores the importance of achieving gender equality as a fundamental human right, beyond just economic growth. It highlights the need for society to embrace equity and work towards ensuring equal rights and opportunities for all individuals.