16August MCQ : Current Affairs Quiz 16August 2023
In this article, we will discuss all the important Current Affairs MCQs of 16 August with full explanations. Where we will discuss the daily current affairs quiz’s questions and answers. So read all the important 16 August MCQs carefully.
Current Affairs Quiz / 16 August MCQ Current Affairs
16 August Current Affairs MCQ – Questions
1. According to the study conducted by SBI Research economists, what is the projected increase in India’s per capita income by FY47 compared to FY23?
(a) 3 times
(b) 7.5 times
(c) 10 times
(d) 15 times
2. What is the primary objective of introducing windfall profit taxes on energy companies in the Indian context?
(a) To encourage higher profits for energy companies during favorable market conditions.
(b) To ensure a fair distribution of wealth and prevent excessive profits during exceptional circumstances.
(c) To lower the overall tax burden on energy companies operating in the global market.
(d) To provide tax incentives for energy companies to invest in renewable energy sources.
3. What is the primary objective of the Aditya-L1 solar mission?
(a) To study Earth’s gravitational field from a stable orbit.
(b) To investigate the formation of asteroids in the asteroid belt.
(c) To study the dynamic behavior of the Sun’s upper atmosphere and space weather impacts.
(d) To explore the potential for interstellar travel using solar energy.
4. What is the primary contributing factor to the increase in the number of tax filers in India, as highlighted by the SBI Research study?
(a) Implementation of universal basic income policies
(b) Introduction of reduced tax rates for high-income individuals
(c) Formalization of the economy through initiatives like GST and the UDYAM portal
(d) Reduction of income tax for individuals in lower income brackets
5. Which payload on the Aditya-L1 mission is responsible for studying X-ray flares from the Sun?
(a) VELC (Visible Emission Line Coronagraph)
(b) SUIT (Solar Ultraviolet Imaging Telescope)
(c) SoLEXS (Solar Low Energy X-ray Spectrometer)
(d) ASPEX (Aditya Solar Wind Particle Experiment)
6. Who are among the special guests invited to the 77th Independence Day celebrations in New Delhi?
(a) International dignitaries
(b) Students from prestigious universities
(c) Sarpanches, Khadi workers, primary school teachers, and nurses
(d) Bollywood celebrities
7. What is the primary feature of the Heron Mark 2 drone recently inducted by the Indian Air Force?
(a) Only capable of surveillance
(b) Limited to operating in specific weather conditions
(c) Strike capability and surveillance in a single sortie
(d) Equipped with short-range missiles
8. What is the maximum range of the Heron Mark 2 drone?
(a) 1000 km
(b) 2000 km
(c) 3000 km
(d) 4000 kms
9. What was the factory output growth rate in June 2023, as reported by the Index of Industrial Production (IIP)?
(a) 5.3%
(b) 3.7%
(c) 7.6%
(d) 16.8%
10. Which sector experienced the highest growth in output according to the provided data?
(a) Mining sector
(b) Manufacturing sector
(c) Electricity sector
(d) Pharmaceutical sector
11. What is the primary goal of the Annapurna Food Packet Scheme launched by Rajasthan CM Ashok Gehlot?
(a) Providing financial assistance to families during the pandemic
(b) Distributing free ration kits to non-needy families
(c) Increasing the commission for ration dealers
(d) Distributing food packets to needy families for free
12. What is the theme of India’s 77th Independence Day celebrated on 15 August?
(a) “Unity in Diversity”
(b) “Nation First, Always First”
(c) “Progress Through Innovation”
(d) “Harmony and Growth”
13. What recent initiatives have been introduced by Maharashtra CM Eknath Shinde?
(a) Launch of a new mobile game
(b) Inauguration of a helpline for patients
(c) Introduction of a new book on medical assistance
(d) Opening of a new shopping mall
14. What is the reason behind launching the Annapurna Ration Kit Scheme under the Annapurna Food Packet Scheme?
(a) To provide financial assistance to non-NFSA families
(b) To limit the number of beneficiaries under NFSA
(c) To increase the commission for ration dealers
(d) To provide additional benefits to NFSA families
15. What was the focus of the book ‘Rokhthok’ launched during the event?
(a) A collection of romantic short stories
(b) Ideology of Balasaheb Thackeray
(c) Guide for healthy living
(d) Political analysis of Maharashtra
16 August MCQs – Answers
1. (b)
The study conducted by SBI Research economists projects that India’s per capita income is poised to surge by 7.5 times, from Rs 2 lakh ($2,500) in FY23 to Rs 14.9 lakh ($12,400) per annum by FY47. This remarkable increase is attributed to various factors, including the transition of the country’s economy from a lower-income group to an upper-income group economy and the positive impact of tax buoyancy.
2. (b)
The introduction of windfall profit taxes on energy companies in the Indian context is aimed at preventing unusually high profits generated due to favorable market conditions or exceptional circumstances. The primary objective is to ensure a fair distribution of wealth and mitigate the impact of soaring global oil prices. This helps in regulating profits and sharing the benefits of resource windfalls between companies and governments.
3. (c)
The primary objective of the Aditya-L1 solar mission is to study the dynamic behavior of the Sun’s upper atmosphere, including the chromosphere and corona. Additionally, the mission aims to observe solar activities in real-time and understand their impact on space weather, contributing to the understanding of solar events like coronal mass ejections (CMEs) and their influence on Earth’s space environment.
4. (c)
The SBI Research study points out that the formalization of the economy through initiatives like the Goods and Services Tax (GST) and the UDYAM portal for Micro, Small, and Medium Enterprises (MSMEs) has played a pivotal role in enhancing income tax returns. These initiatives have contributed to the growth in the number of tax filers and the positive trajectory of India’s economy.
5. (c)
The payload responsible for studying X-ray flares from the Sun on the Aditya-L1 mission is “SoLEXS” which stands for Solar Low Energy X-ray Spectrometer. This instrument will study X-ray flares over a wide energy range, providing insights into the Sun’s X-ray emissions. It is one of the scientific instruments on the mission designed to gather valuable data about the Sun’s behavior and characteristics.
6. (c)
Around 1,800 special guests, including sarpanches, Khadi workers, primary school teachers, and nurses, have been invited to the 77th Independence Day celebrations in New Delhi as part of the government’s ‘Jan Bhagidari’ vision.
7. (c)
The Heron Mark 2 drone inducted by the Indian Air Force has the capability to both strike and conduct surveillance in a single sortie itself along the borders with China and Pakistan.
8. (c)
The Heron Mark 2 drone, an upgraded version of Heron Mark-1, is a medium altitude long-endurance (MALE) drone with a maximum range of 3000 kms.
9. (b)
The factory output growth reached a 3-month low level of 3.7% in June 2023, according to the Index of Industrial Production (IIP).
10. (d)
The Index of Manufacture of pharmaceuticals, medicinal chemicals and botanical products gained the most with a growth of 16.8%, as per the data provided.
11. (d)
The Annapurna Food Packet Scheme launched by Rajasthan CM Ashok Gehlot aims to distribute food packets to more than 1.04 crore needy families in Rajasthan for free.
12. (b)
The theme of India’s 77th Independence Day is “Nation First, Always First.”
13. (b)
Maharashtra CM Eknath Shinde has launched a mobile app and WhatsApp helpline for the Chief Minister’s Medical Assistance Fund. This initiative includes the launch of a helpline for patients and their relatives.
14. (a)
The Annapurna Ration Kit Scheme is launched under the Annapurna Food Packet Scheme to provide free ration kits to ‘Non-NFSA’ families who were given financial assistance during the pandemic.
15. (b)
The book ‘Rokhthok’ launched during the event is based on the ideology of Balasaheb Thackeray. The 5th edition of the medical aid manual was also launched during the same event.
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