41. Who launched the Employees’ Provident Fund Organization’s (EPFO) “Nidhi Aapke Nikat 2.0” district outreach campaign?
[A] The Minister of Commerce
[B] The Director of the Employees’ Provident Fund Organization
[C] Arti Ahuja, Secretary of the Ministry of Labour and Employment
[D] The Chairman of the EPFO
Show Answer
Correct Answer: C [Arti Ahuja, Secretary of the Ministry of Labour and Employment]
Notes:
The Employees’ Provident Fund Organization’s (EPFO) district outreach campaign, “Nidhi Aapke Nikat 2.0,” was electronically launched in all districts of the nation by Arti Ahuja, Secretary, Ministry of Labour and Employment (MoLE).
42. Which of the following statements regarding the Economic Survey of India is true?
[A] The Ministry of Commerce prepares it.
[B] It highlights the contribution of public digital platforms to economic growth in 2022 and the improved performance of the Indian Rupee compared to other developing economies.
[C] It predicts that India’s GDP growth will be less than 6% in 2024.
[D] It was presented a week before the Budget session.
Show Answer
Correct Answer: B [It highlights the contribution of public digital platforms to economic growth in 2022 and the improved performance of the Indian Rupee compared to other developing economies.]
Notes:
A day before the Budget session, the Economic Survey is presented. The Finance Ministry creates the survey. According to the report, India’s GDP will be between 6% and 6.8% in 2024. Public digital platforms significantly contributed to the acceleration of economic growth in 2022.
43. Which of the following cities is the first to issue green bonds?
[A] Bengaluru
[B] Bhubaneshwar
[C] Kolkata
[D] Indore
Show Answer
Correct Answer: D [Indore]
Notes:
Indore Municipal Corporation has ranked top in cleanliness surveys for six consecutive years and has become the country’s first civic body to launch green bonds, seeking to raise Rs 244 crore for a 60-MW solar plant at its water pumping station. The public issues of the green bonds will be open for subscription from February 10-14. The issue will be listed on the National Stock Exchange.
44. What is the objective of the system established by SEBI to avoid market abuse in India?
[A] To facilitate mule accounts
[B] To increase the price of company stocks through manipulation
[C] To put an end to practices such as spoofing, pump and dump, and disproportionate trading
[D] To monitor unauthorized trading
Show Answer
Correct Answer: C [To put an end to practices such as spoofing, pump and dump, and disproportionate trading]
Notes:
The Reserve Bank of India recognises market abuse as the misuse of information, the manipulation of benchmarks, and market manipulation. Currently, there are no regulations in place to monitor and control market abuse in the country. To address this, SEBI has established a mechanism to put an end to market abuse. The mechanism will monitor and control unauthorised trading, stop firms from enabling mule accounts, and put focus on ending spoofing, pump and dump, and disproportionate trading. Brokers and trading firms are required to report to SEBI.
45. Which of the following organisations signed a Memorandum of Understanding to establish digital forensic labs with the National Forensic Sciences University?
[A] Enforcement Directorate of DRDO
[B] Central Board of Direct Taxes
[C] Directorate General of GST Intelligence
[D] Ministry of Finance
Show Answer
Correct Answer: C [Directorate General of GST Intelligence]
Notes:
The MoU between DGGI and NFSU will bring together the expertise of the two organizations to combat tax evasion through digital means. The MoU will allow for the establishment of digital forensic laboratories, the exchange of technical support and collaboration in research and training initiatives.
46. Which two countries recently launched a joint digital payment mechanism to enable cross-border transactions?
[A] India and Japan
[B] India and Singapore
[C] India and Malaysia
[D] India and South Korea
Show Answer
Correct Answer: B [India and Singapore]
Notes:
India and Singapore on 21 February launched a joint digital payment mechanism to enable residents of both countries to make easier and faster cross-border transactions.
47. Which two countries recently signed an agreement on information sharing in maritime security?
[A] India and Sri Lanka
[B] India and Maldives
[C] India and Mauritius
[D] India and Seychelles
Show Answer
Correct Answer: D [India and Seychelles]
Notes:
India and Seychelles signed six agreements in key areas, including maritime security, and on sharing of white shipping information that would enable the two countries to exchange data regarding the identity and movement of non-military commercial vessels.
48. What is the name of the news app launched by the founders of Instagram that is now open to everyone?
[A] Artifact News
[B] NewsGram
[C] InstaNews
[D] NewsStory
Show Answer
Correct Answer: A [Artifact News]
Notes:
Artifact, a new artificial intelligence (AI)-powered personalized news feed application by Instagram co-founders Kevin Systrom and Mike Krieger, is available to everyone, along with new features
49. What is the age of limit of the “Financial Assistance for Veteran Artists Scheme”?
[A] 40 years and above
[B] 50 years and above
[C] 60 years and above
[D] 80 years and above
Show Answer
Correct Answer: C [60 years and above]
Notes:
The Ministry of Culture administers a Scheme by the name of ‘Financial Assistance for Veteran Artists’ (erstwhile ‘Scheme for Pension and Medical Aid to Artistes’) to provide financial assistance to veteran artists of the country of the age of 60 years and above in the form of monthly artists pension.
50. Which company undertaking research on artificial intelligence has already shown off its new, more advanced model called GPT-4?
[A] NICE
[B] OpenAI
[C] IBM
[D] DeepMind
Show Answer
Correct Answer: B [OpenAI]
Notes:
The artificial intelligence research company behind ChatGPT, OpenAI has unveiled its new and more advanced model called GPT-4.
These questions are part of Daily Current Affairs 20 MCQs Series in GKToday Android Application. This series can be subscribed in the app only for Rs. 999/- for entire year.