Daily Quiz on Current Affairs 6 September 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.
Daily Quiz on Current Affairs
1. __________ is Morgan Stanley’s revised GDP growth forecast for India for FY 2024?
(a) 5.8 percent
(b) 6.2 percent
(c) 6.4 percent
(d) 7.2 percent
Ans.(c)
Sol. Morgan Stanley has revised its GDP growth forecast for India for FY 2024 to 6.4 percent. This indicates a more optimistic outlook for India’s economic performance in the fiscal year.
2. Besides G20 member countries, which of the following countries are attending the summit as “guest countries”?
(a) Netherlands, Singapore, Spain, UAE, Oman, Bangladesh, Egypt, and Saudi Arabia
(b) Netherlands, Singapore, Spain, UAE, Oman, Bangladesh, Egypt, Mauritius, and Nigeria
(c) South Africa, Brazil, Italy, Mexico, Japan, and Argentina
(d) Canada, Australia, Turkey, France, and South Korea
Ans.(b)
Sol. Netherlands, Singapore, Spain, UAE, Oman, Bangladesh, Egypt, Mauritius, and Nigeria. These countries are attending the G20 Summit as “guest countries.”
3. The combined Asset Under Management (AUM) of NPS and APY recently crossed what significant figure, according to the PFRDA Chairman?
(a) Rs 5 lakh crore
(b) Rs 6.62 crore
(c) Rs 10 lakh crore
(d) Rs 30,051 crore
Ans.(c)
Sol. The PFRDA Chairman announced that the combined Asset Under Management (AUM) of NPS and APY has crossed an impressive figure of Rs 10 lakh crore. This significant milestone reflects the rapid growth and increasing popularity of these pension schemes in India.
4. _____________ state recorded the highest increase in GST collection in August 2023, with a remarkable 23% growth?
(a) Karnataka
(b) Gujarat
(c) Maharashtra
(d) Tamil Nadu
Ans.(c)
Sol. Maharashtra recorded a remarkable 23% increase at ₹23,282 crore, Karnataka’s collection surged by 16% to ₹11,116 crore, and Gujarat’s collection increased by 12% to ₹9,765 crore, as per official data.
5. In July 2023, India witnessed a significant surge in bank credit outstanding to the real estate sector. ____________ was the approximate total credit outstanding at that time?
(a) Rs 15 trillion
(b) Rs 20 trillion
(c) Rs 24.28 lakh crore
(d) Rs 28 trillion
Ans.(d)
Sol. In July 2023, bank credit outstanding to the real estate sector in India reached an all-time high of Rs 28 trillion.
6. ____________ is the total number of subscribers under NPS and APY as of the recent announcement?
(a) 5.2 crore
(b) 10 crore
(c) 30,051 crore
(d) More than 6.62 crore
Ans.(d)
Sol. As of the recent announcement, the total number of subscribers under NPS and APY has exceeded 6.62 crore. This demonstrates the growing awareness among the Indian population about the importance of planning for retirement.
7. Which of the following payload on the Aditya-L1 mission is designed to image the solar corona in the visible light spectrum?
(a) SUIT
(b) VELC
(c) SoLEXS
(d) HEL1OS
Ans.(b)
Sol. VELC, the Visible Emission Line Coronagraph, is designed to image the solar corona in the visible light spectrum.
8. UPI surpassed 10 billion monthly transactions in August 2023. Which UPI app led the market share in June, with over 47% of all UPI transactions in India?
(a) Google Pay
(b) Paytm
(c) PhonePe
(d) WhatsApp Pay
Ans.(c)
Sol. PhonePe, a domestic fintech and e-commerce platform, held the largest market share in June, accounting for over 47% of all UPI transactions in India. This demonstrates PhonePe’s strong presence in the digital payments landscape.
9. ___________ was the total GST collection in India for August 2023?
(a) ₹1.59 trillion
(b) ₹1.65 trillion
(c) ₹1.43 trillion
(d) ₹1.6 trillion
Ans.(a)
Sol. India’s GST collection for August 2023 reached ₹1.59 trillion, indicating an impressive 11% annual increase.
10. Who emerged victorious in Singapore’s presidential election, marking the country’s first contested presidential polls since 2011?
(a) Tharman Shanmugaratnam
(b) Ng Kok Song
(c) Tan Kin Lian
(d) Lee Hsien Loong
Ans.(a)
Sol. Tharman Shanmugaratnam secured a substantial majority in Singapore’s presidential election, marking the country’s first contested presidential polls since 2011.
