(a) World Bank (b) United Nations (c) International Monetary Fund (d) Asian Development Bank Ans.(c) Sol. International Monetary Fund. Sri Lanka secured a $3 billion bailout package from the International Monetary Fund in March to help alleviate its economic crisis. In the midst of ...

(a) Axis Bank (b) HDFC Bank (c) ICICI Bank (d) HSBC Bank Ans.(d) Sol. The Reserve Bank of India (RBI) imposed a monetary penalty of Rs 1.73 crore on the Hongkong and Shanghai Banking Corporation Ltd (HSBC Bank) for violating the Credit Information Companies Rules, 2006.

(a) Reserve Bank of India (b) Monetary Authority of Singapore (c) People’s Bank of China (d) Central Bank of the Republic of Turkey Ans.(b) Sol. The World Gold Council report stated that Monetary Authority of Singapore was the largest single buyer of gold, adding 69 metric tonnes ...

(a) A domestic payment collection service (b) An international payment collection service for importers (c) An international payment collection service for exporters (d) A cross-border payment transfer service Ans.(c) Sol. The Global Collections service is an international payment ...

(a) PaybackPlus (b) BharatPoints (c) Zillion (d) RewardMe Ans.(c) Sol. BharatPe has announced the rebranding of PAYBACK India as Zillion, aligning with the company’s vision to make it a ubiquitous loyalty and rewards program across the nation.

(a) 6.5% (b) 7% (c) 7.5% (d) 7.81% Ans.(d) Sol. The RBI’s gold reserves comprised 7.81% of the country’s total foreign exchange reserves as of March 31, 2023, up from 7% at the end of the previous fiscal year.

(a) 3% (b) 4% (c) 4.5% (d) 5% Ans.(c) Sol. The RBI increased its gold reserves by 4.5% to 794.64 metric tonnes in the fiscal year that ended on March 31, 2023.

Daily Quiz on Current Affairs 11 May 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) start (b) Space (c) innovation (d) exploration  S10. Ans.(a) Sol. The name of the program is Space Science and Technology Awareness Training (START). The START program is aimed at post-graduate and final-year undergraduate students of physical sciences and technology. The ...

(a) most risky (b) most secure (c) most unstable (d) least liquid S9. Ans.(b) Sol. Sovereign securities are issued by national governments and are considered to be among the safest investments in the world, as they are backed by the full faith and credit of the issuing government.