Current Affairs Quiz 31st March 2023 For Bank Exam

Table of Contents

31st March Current Affairs 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:

Great Indian Bustard
Reserve Bank of India
National Gallery of Modern Art
Sangeetha Nataka Academy awards
Premier League Hall of Fame

31st March Current Affairs Quiz

The Current Affairs 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 Quiz of 31st March 2023 covering the following topics Headlines: Great Indian Bustard, Reserve Bank of India, National Gallery of Modern Art, Sangeetha Nataka Academy awards, Premier League Hall of Fame.

Q1. Which act provides the highest degree of legal protection from hunting to the Great Indian Bustard?
(a) Wildlife Protection Act, 2002
(b) Environmental Protection Act, 1986
(c) Wild Life (Protection) Act, 1972
(d) Indian Forest Act, 1927
(e) Forest Conservation Act, 1980

Q2. What is an interchange fee?
(a) A fee charged by merchants to customers for using payment apps
(b) A fee charged by payment service providers to banks for processing transactions
(c) A fee charged by banks to payment service providers for using their infrastructure
(d) A fee charged by the government for digital transactions
(e) None of the above

Q3. What has been developed by IIT Madras researchers to detect adulteration in milk?
(a). A high-cost laboratory-based device
(b). A portable 3D paper-based device
(c). A chemical compound to add to the milk
(d). A smartphone app to detect adulteration
(e). A device to measure the temperature of milk

Q4. What is the target for India’s overall exports for the financial year 2022-2023?
(a) 1 trillion USD
(b) 800 billion USD
(c) 900 billion USD
(d) 950 billion USD
(e) 700 billion USD

Q5. What was the key decision taken during the 601st Meeting of the Central Board of the Reserve Bank of India (RBI) held on March 26, 2021?
(a) RBI announced a cut in the repo rate by 25 basis points
(b) RBI decided to launch a new digital currency named “e-Rupee”
(c) RBI approved the proposal to merge Lakshmi Vilas Bank with DBS Bank India
(d) RBI announced a new inflation targeting framework for the next five years
(e) RBI decided to discontinue the printing of Rs. 2000 notes

Q6. What is the event that the National Gallery of Modern Art is organizing to celebrate its 69th anniversary?
a) Winter Carnival
b) Summer Extravaganza
c) Spring Fiesta
d) Autumn Fest
e) Art Fair

Q7. Who has become the top T20I wicket-taker in cricket?
(a) Tim Southee
(b) Shakib Al Hasan
(c) Rashid Khan
(d) Lasith Malinga
(e) Jasprit Bumrah

Q8. Who has been announced as the official partner for TATA IPL 2023?
(a) Herbalife
(b) Coca-Cola
(c) PepsiCo
(d) Red Bull
(e) None of the above

Q9. Who has been honoured with the ‘Lifetime Achievement Award’ by the University of Texas?
(a) Ratan Tata
(b) Naveen Jindal
c) Anand Mahindra
(d) Mukesh Ambani
(e) None of the above

Q10. Which state’s Sangeetha Nataka Academy awards have been declared recently?
(a) Karnataka
(b) Kerala ###
(c) Tamil Nadu
(d) Maharashtra
(e) None of the above

Q11. Where did the first batch of Agniveers pass out from?
(a) INS Vikrant
(b) INS Viraat
(c) INS Chilka ###
(d) INS Arihant
(e) None of the above

Q12. Who has been inducted into the Premier League Hall of Fame?
(a) Sir Alex Ferguson and Arsene Wenger
(b) Lionel Messi and Cristiano Ronaldo
(c) Rafael Nadal and Roger Federer
(d) Michael Jordan and Kobe Bryant
(e) None of the above

Q13. Who has taken over as the President of ASSOCHAM?
(a) Ajay Singh
(b) Mukesh Ambani
(c) Ratan Tata
(d) Aditya Birla
(e) None of the above

Q14. Which country has the most powerful passport in the world, according to the 2023 Passport Index?
(a) Japan
(b) Singapore
(c) Germany
(d) United States
(e) None of the above

Q15. When was the International Day of Zero Waste observed in 2023?
(a) 1 March
(b) 10 March
(c) 20 March
(d) 30 March
(e) 1 April

Solutions

S1. Ans.(c)
Sol. The Great Indian Bustard is listed in Schedule-I of the Wild Life (Protection) Act, 1972, which accords the species with the highest degree of legal protection from hunting.

S2. Ans.(b)
Sol. A fee charged by payment service providers to banks for processing transactions. An interchange fee is a fee charged by payment service providers to the banks of merchants for processing and authorizing transactions made through payment networks such as UPI.

S3. Ans.(b)
Sol. IIT Madras researchers have developed a cost-effective and portable 3D paper-based device that can detect milk adulteration in just 30 seconds.

S4. Ans.(c)
Sol. The Indian government has set a target of 900 billion USD for India’s overall exports in the financial year 2022-2023.

S5. Ans.(c)
Sol. RBI approved the proposal to merge Lakshmi Vilas Bank with DBS Bank India. During the meeting, the RBI board approved the proposal for the amalgamation of the crisis-hit Lakshmi Vilas Bank with DBS Bank India. This decision was taken in view of the serious deterioration in the affairs of the Lakshmi Vilas Bank and its inability to raise capital to meet the requirements of the regulator.

S6. Ans.(c)
Sol. The National Gallery of Modern Art is organizing a “Spring Fiesta” to celebrate its 69th anniversary. This event is likely to feature various exhibitions, performances, and workshops related to modern and contemporary art.

S7. Ans.(b)
Sol. Bangladeshi cricketer Shakib Al Hasan has become the top T20I wicket-taker in cricket, surpassing New Zealand’s Tim Southee. As of March 2023, Shakib has taken 103 wickets in 86 T20I matches, while Southee has taken 99 wickets in 83 T20I matches.

S8. Ans.(a)
Sol. The Board of Control for Cricket in India (BCCI) has announced Herbalife as its official partner for TATA IPL 2023.

S9. Ans.(b)
Sol. The University of Texas has honoured Naveen Jindal with the ‘Lifetime Achievement Award’.

S10. Ans.(b)
Sol. The Kerala Sangeetha Nataka Academy awards have been declared recently.

S11. Ans.(c)
Sol. The first batch of Agniveers passed out from INS Chilka, a premier training establishment of the Indian Navy.

S12. Ans.(a)
Sol. Sir Alex Ferguson and Arsene Wenger have been inducted into the Premier League Hall of Fame.

S13. Ans.(a)
Sol. Ajay Singh, the Chairman and Managing Director of SpiceJet, has taken over as the President of ASSOCHAM (The Associated Chambers of Commerce and Industry of India).

S14. Ans.(b)
Sol. According to the 2023 Passport Index, Singapore has the most powerful passport in the world.

S15. Ans.(d)
Sol. The International Day of Zero Waste was observed on 30 March in 2023.