(a) Yes, but only by individuals(b) Yes, by any eligible entity(c) No, they cannot be used as collateral(d) Yes, but only by companies Ans.(b)Sol. Yes, by any eligible entity. SGBs can be used as collateral for loans, subject to the loan-to-value (LTV) ratio applicable to ordinary gold loans as ...

(a) To introduce India’s first spending account(b) To offer competitive interest rates on savings accounts(c) To provide a platform for food ordering and entertainment(d) To partner with 50 renowned brands for exclusive discounts Ans.(a)Sol. The collaboration between Fino Payments Bank and ...

(a) SIPRI Yearbook(b) UNICEF Annual Report(c) World Health Organization Report(d) International Monetary Fund Report Ans.(a)Sol. The SIPRI Yearbook is an annual report released by the Stockholm International Peace Research Institute (SIPRI) that provides research and analysis on global nuclear ...

(a) Rs. 1,000 in three installments(b) Rs. 2,000 in three installments(c) Rs. 3,000 in three installments(d) Rs. 5,000 in three installments Ans. d)Sol. Eligible women receive a direct cash transfer of Rs. 5,000 in three installments under the PMMVY.

(a) 0.5 grams(b) 1 gram(c) 5 grams(d) 10 grams Ans.(b)Sol. The minimum permissible investment limit for SGBs is one gram of gold.

(a) To establish an aviation fuel plant in Maharashtra(b) To reduce carbon emissions in the aviation industry(c) To explore renewable energy sources for the automotive sector(d) To invest in oil refining infrastructure Ans.(b)Sol. The partnership between IOC and LanzaJet aims to establish an ...

(a) Kendriya Sainik Boards (KSB)(b) Directorate General of Resettlement (DGR)(c) Defence Research and Development Organization (DRDO)(d) Ministry of Defence Production Ans.(b)Sol. Directorate General of Resettlement (DGR) signed the MoU with Kotak Mahindra Life Insurance to collaborate on ...

(a) Algeria(b) Nigeria(c) India(d) United States Ans.(a)Sol. Algeria is the host country for the global event of World Blood Donor Day 2023 through its National Blood Transfusion Service.

Daily Quiz on Current Affairs 16 June 2023 is very important for Competitive Exams like SSC, Railway, RRB, Banking, IBPS, PSC, UPSC, etc. Our Gkseries team have composed these Current Affairs Quizzes from Newspapers like The Hindu and other competitive magazines.

(a) Section 45-IA (1)(b) Section 45-IA (4)(c) Section 45-IA (6)(d) Section 45-IA (8) Ans.(c)Sol. The RBI exercised its powers under Section 45-IA (6) of the Reserve Bank of India Act, 1934, to cancel Equitas Holdings’ registration as an NBFC.

(a) 1956(b) 1966(c) 1976(d) 1986 Ans.(b)Sol. SIPRI was established in 1966 in Stockholm to commemorate 150 years of unbroken peace in the city.

(a) Guwahati(b) Itanagar(c) Kohima(d) Shillong Ans.(c)Sol. The RBI recently opened a sub-office in Kohima, the capital of Nagaland, to expand its presence in the North East.