3September MCQ : Current Affairs Quiz 3September 2023
In this article, we will discuss all the important Current Affairs MCQs of 3 September with full explanations. Where we will discuss the daily current affairs quiz’s questions and answers. So read all the important 3 September MCQs carefully.
Current Affairs Quiz / 3 September MCQ Current Affairs
3 September Current Affairs MCQ – Questions
1. What is the reason for Moody’s revising its GDP growth projection for India in 2023?
(a) Robust performance in the first quarter
(b) Strong tax collection
(c) Below-average rainfall during the monsoon season
(d) Rising food price inflation
2. Where is Aditya-L1 positioned for its research objectives?
(a) In Earth’s atmosphere
(b) In Lagrange Point 1 (L1) within the Sun-Earth system
(c) In deep space
(d) In the Sun’s core
3. Which major city experienced a contraction in house prices during the period mentioned in the RBI’s report?
(a) Ahmedabad
(b) Chennai
(c) Kolkata
(d) Lucknow
4. What is the primary objective of ISRO’s Aditya-L1 mission?
(a) To make direct contact with the Sun’s surface
(b) To explore the outer atmosphere of the Sun
(c) To study the Earth’s atmosphere
(d) To investigate celestial bodies in deep space
5. In which city did the All-India House Price Index record the highest annual growth rate?
(a) Bengaluru
(b) Delhi
(c) Mumbai
(d) Kolkata
6. Why did Moody’s raise its GDP growth projection for India in 2023 to 6.7 percent?
(a) Strong manufacturing sector growth
(b) Robust agricultural performance
(c) Services expansion and capital expenditures
(d) High export volumes
7. What rating did Shaktikanta Das receive in the Global Finance Central Banker Report Cards 2023?
(a) A
(b) A-
(c) B+
(d) A+
8. Which 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
9. Which of the following payloads on Aditya-L1 focuses on analyzing the properties of solar wind particles, including their energy and charge?
(a) SUIT
(b) VELC
(c) ASPEX
(d) PAPA
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
11. What 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
12. How much financial allocation has been set aside for the Vishwakarma Yojana to empower artisans?
(a) Rs 1,000 crore
(b) Rs 5,000 crore
(c) Rs 10,000 crore
(d) Rs 13,000 crore
13. Which 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
14. 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
15. In the April-June quarter of the fiscal year 2023-24, what was the growth rate of the All-India House Price Index (HPI)?
(a) 3.4%
(b) 5.1%
(c) 2.6%
(d) 14.9%
3 September MCQs – Answers
1. (a)
Moody’s revised its GDP growth projection for India in 2023 due to the notable performance in the second quarter, driven by robust expansion in services and capital expenditures, resulting in a 7.8 percent real GDP growth compared to the previous year.
2. (b)
Aditya-L1 is positioned at Lagrange Point 1 (L1) within the Sun-Earth system to carry out its research objectives.
3. (c)
Kolkata experienced a decline in house prices, with a contraction of 6.6%, according to the RBI’s report.
4. (b)
The primary objective of the Aditya-L1 mission is to investigate the outer atmosphere of the Sun, not to make direct contact with its surface.
5. (b)
Among the cities mentioned, Delhi had the highest annual HPI growth rate of 14.9%.
6. (c)
Moody’s revised its projection to 6.7 percent due to the significant expansion of services and increased capital expenditures, which contributed to strong economic growth in India.
7. (d)
Shaktikanta Das received an ‘A+’ rating in the Global Finance Central Banker Report Cards 2023. This rating reflects his outstanding performance as the Reserve Bank of India (RBI) Governor and places him at the top among central bank governors globally.
8. (b)
VELC, the Visible Emission Line Coronagraph, is designed to image the solar corona in the visible light spectrum.
9. (c)
ASPEX, the Aditya Solar Wind Particle Experiment, is responsible for measuring the properties of the energetic particles in the solar wind, including their energy, charge, and mass.
10. (a)
Tharman Shanmugaratnam secured a substantial majority in Singapore’s presidential election, marking the country’s first contested presidential polls since 2011.
11. (a)
India’s GST collection for August 2023 reached ₹1.59 trillion, indicating an impressive 11% annual increase.
12. (d)
Rs 13,000 crore. This amount has been earmarked to empower traditional artisans across India through the scheme.
13. (c)
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.
14. (c)
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.
15. (b)
The All-India House Price Index (HPI) recorded a growth rate of 5.1%. This indicates a significant increase in house prices during this period compared to the previous year.
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