Daily Quiz on Current Affairs by Gkseries – 8 September 2023

Daily Quiz on Current Affairs 8 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. What does UPI-ATM stand for in the context of digital banking and ATM services?
(a) Unified Payment Interface – Automated Teller Machine
(b) Unified Payments Integration – Automated Transaction Machine
(c) Unique Payment Instrument – Automated Teller Machine
(d) Universal Payment Interface – Accessible Transaction Mechanism

Ans.(a)
Sol. Unified Payment Interface – Automated Teller Machine. UPI-ATM stands for Unified Payment Interface – Automated Teller Machine. This technology allows cash withdrawals using a QR code and UPI PIN.

2. Which of the following Indian state led in attracting FDI during the first quarter of FY 2023-24?
(a) Maharashtra
(b) Karnataka
(c) Delhi
(d) Telangana

Ans.(a)
Sol. According to Deputy Chief Minister Devendra Fadnavis, Maharashtra secured the top rank in attracting FDI worth Rs 36,634 crore in the first quarter of FY 2023-24.

3. _____________ is the President of the 78th session of the United Nations General Assembly (UNGA)?
(a) Antonio Guterres
(b) Dennis Francis
(c) Amina Mohammed
(d) Ban Ki-moon

Ans.(b)
Sol. Dennis Francis serves as the President of the 78th session of the UNGA.

4. ____________ is the maximum transaction limit for cash withdrawals using the UPI-ATM?
(a) ₹5,000 per transaction
(b) ₹10,000 per transaction
(c) ₹15,000 per transaction
(d) No maximum limit, it depends on the user’s bank account balance.

Ans.(b)
Sol. The UPI-ATM transaction limit is up to ₹10,000 per transaction, in alignment with existing UPI daily limits and issuer bank’s UPI-ATM transaction limits.

5. What is the theme of the 78th session of the United Nations General Assembly (UNGA)?
(a) “Building Trust in Global Solidarity”
(b) “Accelerating Action on Climate Change”
(c) “Rebuilding Trust and Reigniting Global Solidarity”
(d) “Sustainable Development and Human Rights”

Ans.(c)
Sol. The theme is: “Rebuilding Trust and Reigniting Global Solidarity: Accelerating action on the 2030 Agenda and its Sustainable Development Goals towards peace, prosperity, progress, and sustainability for all.” This theme reflects the session’s focus on global cooperation and sustainable development.

6. ___________ is the primary objective of India’s VGF scheme for BESS projects?
(a) To enhance the development of fossil fuel-based power generation
(b) To promote energy storage for residential consumers
(c) To address the energy storage needs of the renewable energy sector, especially solar and wind power
(d) To encourage coal-based power generation

Ans.(c)
Sol. To address the energy storage needs of the renewable energy sector, especially solar and wind power. The primary objective of the scheme is to bolster the integration of renewable energy into the grid by supporting the development of battery energy storage systems.

7. ____________ is the target range for the Levelized Cost of Storage (LCoS) set by the BESS scheme?
(a) Rs 10.00-12.00 per kWh
(b) Rs 8.00-9.50 per kWh
(c) Rs 5.50-6.60 per kWh
(d) Rs 4.00-4.50 per kWh

Ans.(c)
Sol. The scheme aims to achieve a Levelized Cost of Storage (LCoS) target in the range of Rs 5.50-6.60 per kilowatt-hour (kWh) to make stored renewable energy a cost-effective solution for managing peak power demand.

8. ___________ is the estimated investment for the entire ACME-Tata Steel project in Odisha?
(a) Rs 27,000 crore
(b) Rs 10,000 crore
(c) Rs 50,000 crore
(d) Rs 5,000 crore

Ans.(a)
Sol. The project’s estimated total investment is Rs 27,000 crore, which will be invested in phases.

9. ___________ is the primary focus of the collaboration between NITI Aayog and UNDP for SDG acceleration in India?
(a) Enhancing data-driven monitoring and decision-making
(b) Strengthening military cooperation
(c) Promoting cultural exchange programs
(d) Expanding agricultural exports

Ans.(a)
Sol. Enhancing data-driven monitoring and decision-making. The collaboration aims to utilize data-driven insights to track progress towards Sustainable Development Goals (SDGs) and make informed policy decisions.

10. _____________ is the designated destination of the Aditya L1 spacecraft?
(a) Moon’s surface
(b) Mars’ orbit
(c) Lagrange Point 1 (L1)
(d) Saturn’s ringsAns.(c)
Sol. The Aditya L1 spacecraft’s destination is the Lagrange Point 1 (L1), situated about 1.5 million