31October MCQ : Current Affairs Quiz 3October 2023
In this article, we will discuss all the important Current Affairs MCQs of 31 October with full explanations. Where we will discuss the daily current affairs quiz’s questions and answers. So read all the important 31 October MCQs carefully.
Current Affairs Quiz / 31 October MCQ Current Affairs
31 October Current Affairs MCQ – Questions
1. The FATF’s Grey List consists of jurisdictions that do not meet the organization’s which of the following standards?
(a) Anti-money laundering (AML)
(b) Counter-terrorism financing (CFT)
(c) Proliferation financing
(d) All of the above
2. Who was the highest wicket-taker in the 2023 ICC ODI World Cup?
(a) Mitchell Santner
(b) Glenn McGrath
(c) Wasim Akram
(d) Zaheer Khan
3. Swan Energy’s acquisition of Reliance Naval and Engineering aligns with which government initiative?
(a) Make in India
(b) Digital India
(c) Swachh Bharat Abhiyan
(d) Jan Dhan Yojana
4. Which of the following is the official sponsor of the 37th edition of the National Games?
(a) Paytm
(b) Google
(c) Amazon
(d) Flipkart
5. What is the exchange ratio for Fincare SFB shareholders in the merger with AU SFB?
(a) 579 shares in AU SFB for every 2,000 shares in Fincare SFB
(b) 1,000 shares in AU SFB for every 1,500 shares in Fincare SFB
(c) 500 shares in AU SFB for every 1,000 shares in Fincare SFB
(d) 700 shares in AU SFB for every 2,000 shares in Fincare SFB
6. What does the RBI’s recent announcement regarding the bulk deposit limit for Regional Rural Banks (RRBs) entail?
(a) It reduces the limit from Rs 1 crore to Rs 15 lakh.
(b) It raises the limit from Rs 15 lakh to Rs 1 crore.
(c) It has no impact on the bulk deposit limit for RRBs.
(d) It applies only to urban areas.
7. Which regulatory body ensures the protection of deposits in RRBs?
(a) RBI
(b) SEBI
(c) DICGC
(d) IRDAI
8. Which strait separates the European and Asian parts of Turkey?
(a) Bosporus Strait
(b) Dardanelles Strait
(c) Gibraltar Strait
(d) English Channel
9. What is the targeted per-capita income range in ‘Vision India@2047’?
(a) $5,000-$8,000
(b) $10,000-$12,000
(c) $15,000-$17,000
(d) $18,000-$20,000
10. Which sector is Swan Energy primarily focusing on after the acquisition?
(a) Agriculture and farming
(b) IT and software development
(c) Naval, defense, and oil and gas sectors
(d) Healthcare and pharmaceuticals
11. Which prestigious award was presented to Nita Ambani in 2023, recognizing her philanthropic work and contributions to society?
(a) USISPF Global Leadership Award for Sports
(b) Nobel Peace Prize
(c) USISPF Global Leadership Award for Business Excellence
(d) USISPF Global Leadership Award for Philanthropy and Corporate Social Responsibility
12. Which historical site in Turkey is famous for its unique underground cities and cave dwellings?
(a) Ephesus
(b) Troy
(c) Pamukkale
(d) Cappadocia
13. In what year was Gita Press Gorakhpur awarded the Gandhi Peace Prize?
(a) 2021
(b) 2022
(c) 2023
(d) 2024
14. What is the primary objective of ‘Vision India@2047’?
(a) To make India a $10 trillion economy by 2047.
(b) To prevent India from falling into the middle-income trap and become a developed nation by 2047.
(c) To establish India as the world’s largest agricultural exporter.
(d) To increase India’s share of the global GDP to 10% by 2047.
15. What was the percentage reduction in the MGNREGS workforce from the previous fiscal year to April-September 2023?
(a) 5%
(b) 7.5%
(c) 10%
(d) 8%
31 October MCQs – Answers
1. (d)
The FATF Grey List consists of jurisdictions that do not meet the organization’s AML, CFT, and proliferation financing standards.
2. (a)
Mitchell Santner was the highest wicket-taker in the 2023 ICC ODI World Cup with 11 wickets in 4 matches.
3. (a)
The acquisition aligns with the “Make in India” initiative, emphasizing self-reliance and indigenous production in various sectors, including shipbuilding.
4. (a)
The official sponsor of the 37th edition of the National Games is Paytm.
5. (a)
Fincare SFB shareholders will receive 579 shares in AU SFB for every 2,000 shares they hold in Fincare SFB.
6. (b)
The RBI has increased the bulk deposit limit for RRBs from Rs 15 lakh to Rs 1 crore.
7. (c)
Deposits in RRBs are secured by the Deposit Insurance and Credit Guarantee Corporation (DICGC), ensuring protection of up to five lakh rupees for each depositor.
8. (a)
The Bosporus Strait is a natural strait and an internationally significant waterway, that separates European Turkey from Asian Turkey.
9. (d)
‘Vision India@2047’ aims to achieve a per-capita income in the range of $18,000-$20,000 by 2047.
10. (c)
Swan Energy is focusing on the naval, defense, and oil and gas sectors.
11. (d)
Nita Ambani received the USISPF Global Leadership Award for Philanthropy and Corporate Social Responsibility in 2023.
12. (d)
Cappadocia is known for its rock sites, underground cities, and cave dwellings, making it a UNESCO World Heritage Site.
13. (a)
Gita Press Gorakhpur was awarded the Gandhi Peace Prize in 2021.
14. (b)
The primary objective of ‘Vision India@2047’ is to prevent India from falling into the middle-income trap and transform the country into a developed nation by 2047.
15. (b)
The MGNREGS workforce experienced a 7.5% reduction from the previous fiscal year to April-September 2023.
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