5September MCQ : Current Affairs Quiz 5September 2023
In this article, we will discuss all the important Current Affairs MCQs of 5 September with full explanations. Where we will discuss the daily current affairs quiz’s questions and answers. So read all the important 5 September MCQs carefully.
Current Affairs Quiz / 5 September MCQ Current Affairs
5 September Current Affairs MCQ – Questions
1. 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
2. Which country chaired the ASEAN Summit in 2023?
(a) Thailand
(b) Malaysia
(c) Singapore
(d) Indonesia
3. 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
4. Which historic mission did N Valarmathi provide the countdown announcement for?
(a) Mars Orbiter Mission (Mangalyaan)
(b) Chandrayaan-2
(c) Chandrayaan-3
(d) Aditya-L1
5. Which linguistic script is currently used for writing Kokborok in Tripura?
(a) Roman script
(b) Bengali script
(c) Devanagari script
(d) Latin script
6. In July 2023, India witnessed a significant surge in bank credit outstanding to the real estate sector. What 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
7. 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
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
9. What 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
10. What 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) 6.8 percent
11. What new feature is the PFRDA planning to introduce for NPS subscribers in the future?
(a) Early withdrawal before age 60
(b) Higher contribution limits
(c) Systematic Withdrawal Plan (SWP)
(d) Mandatory annuity purchase
12. What is the theme of the 43rd ASEAN Summit?
(a) “Unity in Diversity”
(b) “Global Harmony”
(c) “ASEAN Matters: Epicentrum of Growth”
(d) “Pacific Alliance”
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. Besides G20 member countries, which 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
15. 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
5 September MCQs – Answers
1. (a)
Tharman Shanmugaratnam secured a substantial majority in Singapore’s presidential election, marking the country’s first contested presidential polls since 2011.
2. (d)
The 43rd ASEAN Summit is hosted by Indonesia and occurs from September 5th to 7th Sept. President Joko Widodo and First Lady Iriana extended a warm welcome to the heads of state and governments participating in the 43rd summit of the Association of Southeast Asian Nations (ASEAN) in Jakarta.
3. (b)
VELC, the Visible Emission Line Coronagraph, is designed to image the solar corona in the visible light spectrum.
4. (c)
N Valarmathi’s final countdown announcement was for the launch of Chandrayaan-3, which made a historic landing on the Moon.
5. (b)
Currently, the Bengali script is predominantly used for writing Kokborok in Tripura. The demand from the coalition was to shift to the Roman script.
6. (d)
In July 2023, bank credit outstanding to the real estate sector in India reached an all-time high of Rs 28 trillion.
7. (c)
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.
8. (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.
9. (d)
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.
10. (c)
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.
11. (c)
The Pension Fund Regulatory and Development Authority (PFRDA) is planning to introduce a Systematic Withdrawal Plan (SWP) for NPS subscribers in the future. This plan will provide flexibility to pension account holders to withdraw a lump sum fund as per their choice upon reaching the age of 60. Currently, NPS subscribers can withdraw up to 60% of their retirement corpus as a lump sum.
12. (c)
The theme of Indonesia’s chairmanship for the 43rd ASEAN Summit is “ASEAN Matters: Epicentrum of Growth.”
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. (b)
Netherlands, Singapore, Spain, UAE, Oman, Bangladesh, Egypt, Mauritius, and Nigeria. These countries are attending the G20 Summit as “guest countries.”
15. (a)
India’s GST collection for August 2023 reached ₹1.59 trillion, indicating an impressive 11% annual increase.
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