Current Affairs Quiz 08th June 2023 For Bank Exam

Table of Contents

08th June Current Affairs 2023 Quiz: Here, we are providing the Current Affairs Quiz. These types of topics are important for candidates who prepare for Bank Exam 2023. In this article, we are covering the following topics Headlines:

Nova Kakhovka Dam
World Bank
MV Empress
Cyclone Biparjoy
GAGAN satellite
NABH accreditation

08th June 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 Current Affairs 2023 Quiz of 08th June 2023 covering the following topics Headlines: Nova Kakhovka Dam, World Bank, MV Empress, Cyclone Biparjoy, GAGAN satellite, Suriname, NABH accreditation.

Q1. The destruction of the Nova Kakhovka Dam is a significant blow to Ukraine, affecting the region’s stability, energy supply, and agriculture. Where is the Nova Kakhovka Dam located?
(a) Crimea
(b) Zaporizhzhia
(c) Kherson
(d) Dnipro River
(e) Kyiv

Q2. What is the revised GDP growth forecast for India in FY24, according to the World Bank’s latest report?
(a) 6.6%
(b) 6.3%
(c) 6.7%
(d) 6.0%
(e) 6.9%

Q3. Bank of Baroda Introduces UPI Cash Withdrawal Facility at ATMs. Which of the following statements is true about Bank of Baroda’s UPI cash withdrawal facility?
(a) It is only available for Bank of Baroda customers.
(b) It can be used with any UPI-enabled app.
(c) It requires the use of a physical card for withdrawal.
(d) The withdrawal limit for each transaction is Rs 10,000.
(e) It can be used for online payments using UPI.

Q4. Who signed the outline deal to build a lithium-ion cell factory in Gujarat, India(as of June 2023)?
(a) Tata Group
(b) Reliance Industries
(c) Mahindra & Mahindra
(d) Birla Group
(e) Infosys

Q5. What is the projected global GDP growth for 2023, according to the World Bank’s latest report?
(a) 1.5%
(b) 2.1%
(c) 3.5%
(d) 4.2%
(e) 5.8%

Q6. What does GAGAN stand for in the context of performance-based navigation?
(a) Global Aeronautical GPS Augmented Network
(b) GPS Assisted GEO Augmentation Network
(c) Global Aviation GEO Augmentation Navigation
(d) GPS Aided GEO Augmented Navigation
(e) None of the above.

Q7. Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal has flagged off the maiden International Cruise Vessel “MV Empress”. Which ports does the MV Empress cruise vessel connect?
(a) Chennai, Colombo, Male
(b) Chennai, Mumbai, Goa
(c) Chennai, Trincomalee, Hambantota, Jaffna
(d) Chennai, Kolkata, Port Blair
(e) Chennai, Kochi, Lakshadweep

Q8. Cyclone Biparjoy is a low-pressure area that is currently forming over the Southeast Arabian Sea. It is expected to intensify into a depression in the next 48 hours and may reach cyclonic storm intensity in the subsequent 72 hours. The track of the cyclone is not yet clear, but it is likely to move towards the West Coast of India. Which states in India are likely to experience the heaviest rainfall due to Cyclone Biparjoy?
(a) Odisha, West Bengal, and Andhra Pradesh
(b) Gujarat, Maharashtra, and Karnataka
(c) Tamil Nadu, Kerala, and Goa
(d) Rajasthan, Madhya Pradesh, and Chhattisgarh
(e) Bihar, Jharkhand, and Uttar Pradesh

Q9. Which organizations collaborated to develop GAGAN satellite technology?
(a) Indian Space Research Organisation (ISRO) and Boeing
(b) Airports Authority of India (AAI) and Lockheed Martin
(c) Indian Space Research Organisation (ISRO) and European Space Agency (ESA)
(d) Indian Space Research Organisation (ISRO) and Airports Authority of India (AAI)
(e) None of the above

Q10. What does the name Biparjoy mean in Bengali?
(a) Wind
(b) Rain
(c) Disaster
(d) Calm
(e) Storm

Q11. Who became the first Indian to receive Suriname’s highest civilian award, the Grand Order of the Chain of the Yellow Star?
(a) Prime Minister Narendra Modi
(b) President Ram Nath Kovind
(c) President Droupadi Murmu
(d) Foreign Minister S. Jaishankar
(e) Defense Minister Rajnath Singh

Q12. IRDAI is making efforts to enhance insurance awareness and penetration, and their plan is gaining momentum through the issuance of draft guidelines for Bima Vahak. Which of the following is true about the Bima Vahak scheme?
(a) It focuses on providing insurance coverage for urban areas.
(b) It offers insurance products with high premiums.
(c) It is exclusively for men in rural areas.
(d) It aims to enhance insurance accessibility and availability in rural areas.
(e) It is a scheme for promoting insurance awareness among youth.

Q13. Which AIIMS institution in India became the first to receive NABH accreditation?
(a) AIIMS New Delhi
(b) AIIMS Bhopal
(c) AIIMS Nagpur
(d) AIIMS Jodhpur
(e) AIIMS Rishikesh

Q14. World Food Safety day is celebrated on June 7 annually across the globe to highlight the importance of maintaining food standards. The day was aimed at inspiring the UN member nations to prioritise food safety standards and work collaboratively to protect consumers from foodborne diseases. What is the theme of World Food Safety Day 2023?
(a) Food for All: Ensuring Global Nutrition
(b) Food Security and Sustainability
(c) Food Safety: A Global Priority
(d) Food Standards for Healthy Lives
(e) Food standards save lives

Q15. Germany, the fourth largest economy in the world, is currently facing a recession due to a decline in the Euro and an unexpected contraction in the economy during the first three months of 2023. What is the definition of a recession?
(a) A period of rapid economic growth and expansion
(b) A significant increase in consumer spending
(c) Two consecutive quarters of economic contraction
(d) Stable economic conditions with no fluctuations
(e) None of the above

Solutions

S1. Ans.(d)
Sol. The Nova Kakhovka Dam is situated on the Dnipro River in southern Ukraine.

S2. Ans.(b)
Sol. The World Bank has trimmed India’s GDP growth forecast for the fiscal year 2024 to 6.3% from the previous projection of 6.6%.

S3. Ans.(b)
Sol. Bank of Baroda’s UPI cash withdrawal facility is not limited to Bank of Baroda customers; customers of other participating issuer banks that use BHIM UPI, bob World UPI, or any other UPI application enabled for ICCW on their mobile phone can also withdraw cash from a Bank of Baroda ATM without using their debit card.

S4. Ans.(a)
Sol. India’s Tata Group, a leading multinational conglomerate, has entered into an outline deal to construct a lithium-ion cell factory in Gujarat, India. With an investment of approximately 130 billion rupees ($1.58 billion), the plant aims to bolster the country’s electric vehicle (EV) supply chain and reduce its dependence on battery imports.

S5. Ans.(b)
Sol. The World Bank forecasts real global GDP to climb 2.1% in 2023, up from the previous forecast of 1.7% in January.

S6. Ans.(d)
Sol. GAGAN stands for GPS Aided GEO Augmented Navigation. It is a space-based augmentation system used for providing enhanced navigational services.

S7. Ans.(c)
Sol. The MV Empress cruise vessel connects the ports of Trincomalee, Hambantota, and Jaffna, starting from Chennai.

S8. Ans.(b)
Sol. Gujarat, Maharashtra, and Karnataka. The heaviest rainfall is expected to fall in these states due to Cyclone Biparjoy.

S9. Ans.(d)
Sol. GAGAN satellite technology was jointly developed by the Indian Space Research Organisation (ISRO) and the Airports Authority of India (AAI).

S10. Ans.(c)
Sol. The name Biparjoy, given to the cyclone by Bangladesh, means “Disaster” in Bengali.

S11. Ans.(c)
Sol. President Droupadi Murmu became the first Indian to be honored with the Grand Order of the Chain of the Yellow Star, Suriname’s highest civilian award.

S12. Ans.(d)
Sol. It aims to enhance insurance accessibility and availability in rural areas. The Bima Vahak scheme focuses on extending insurance services to rural areas and aims to enhance insurance accessibility and availability in those regions.

S13. Ans.(c)
Sol. Among all AIIMS institutions in the country, AIIMS Nagpur became the first to achieve the NABH accreditation, setting a benchmark in delivering quality healthcare services.

S14. Ans.(e)
Sol. The theme of World Food Safety Day 2023 is “Food standards save lives,” emphasizing the crucial role of food standards in ensuring the safety and well-being of individuals.

S15. Ans.(c)
Sol. A recession is typically defined as a period of significant economic decline characterized by two consecutive quarters of negative GDP growth.