27September MCQ : Current Affairs Quiz 27September 2023
In this article, we will discuss all the important Current Affairs MCQs of 27 September with full explanations. Where we will discuss the daily current affairs quiz’s questions and answers. So read all the important 27 September MCQs carefully.
Current Affairs Quiz / 27 September MCQ Current Affairs
27 September Current Affairs MCQ – Questions
1. What is the name of the Chinese research vessel that is scheduled to visit Sri Lanka in October 2023?
(a) Shi Yan 6
(b) Yuan Wang 5
(c) South China Sea Institute of Oceanology (SCSIO)
(d) Chinese Academy of Sciences
2. What is the purpose of the Weather Information Network Data Systems (WINDS) initiative?
(a) To provide farmers with accurate weather forecasts
(b) To help farmers make informed decisions about their crops
(c) To reduce crop losses due to adverse weather conditions
(d) All of the above
3. Which of the following is the political party to which Pramila Malik belongs?
(a) Biju Janata Dal (BJD)
(b) Janata Dal
(c) Bharatiya Janata Party (BJP)
(d) Indian National Congress (INC)
4. Which of the following is the most recently added UNESCO World Heritage Site in India?
(a) Rani Ki Vav
(b) Architectural Work of Le Corbusier
(c) Khangchendzonga National Park
(d) Sacred Ensembles of the Hoysala
5. Who was the first woman Speaker of a state legislative assembly in India?
(a) Amrit Kaur
(b) Sarojini Naidu
(c) Sucheta Kripalani
(d) Shanno Devi
6. What are some of the concerns raised by Moody’s regarding the use of biometric technologies in digital ID systems?
(a) Reliability in humid climates
(b) Misuse and exploitation risks
(c) Both (a) and (b)
(d) Neither (a) nor (b)
7. Which of the following is the best description of Disease X?
(a) A known but highly lethal virus
(b) An unknown virus with the potential to cause a global pandemic
(c) A new virus that is evolving rapidly
(d) A zoonotic pathogen that is likely to jump from animals to humans
8. What is the overall trend in foreign investment in Indian banks?
(a) Foreign investment is declining.
(b) Foreign investment is increasing.
(c) Foreign investment is stagnant.
(d) Foreign investment is increasing in public-sector banks and declining in private-sector banks.
9. What percentage of an employee’s wages is contributed to the Employees’ Provident Fund (EPF) account?
(a) 8%
(b) 10%
(c) 12%
(d) 15%
10. Which of the following is the OECD’s revised GDP growth projection for India in FY24?
(a) 6%
(b) 6.3%
(c) 7%
(d) 7.5%
11. Which of the following is TRUE about the concentration of FII holdings in Indian banks?
(a) A substantial majority of FII holdings are concentrated in public-sector banks.
(b) A substantial majority of FII holdings are concentrated in private-sector banks.
(c) FII holdings are evenly distributed across public-sector and private-sector banks.
(d) FII holdings are concentrated in a small number of large banks.
12. The IMD has classified monsoon rainfall in 2023 as:
(a) Normal
(b) Below normal
(c) Deficient
(d) Excess
13. The southwest monsoon in India began its retreat on September 25, 2023, which is:
(a) Eight days ahead of its usual withdrawal date
(b) Eight days behind its usual withdrawal date
(c) On its usual withdrawal date
(d) Two weeks ahead of its usual withdrawal date
14. What role do credit ratings play in financial markets?
(a) Credit ratings assess the likelihood of a borrower defaulting on their obligations and significantly influence the terms under which banks and other financial entities provide loans.
(b) Credit ratings help investors to make informed decisions about where to invest their money.
(c) Credit ratings help governments to manage their finances more effectively.
(d) All of the above.
15. What is the full form of KRP?
(a) Kisan Rin Portal
(b) Kisan Rachna Yojana
(c) Kisan Rashtriya Pariyojana
(d) Kisan Rojgar Yojana
27 September MCQs – Answers
1. (a)
Chinese research vessel that is scheduled to visit Sri Lanka in October 2023 is named Shi Yan 6.
2. (d)
The Weather Information Network Data Systems (WINDS) initiative leverages advanced weather data analytics to provide farmers with accurate weather forecasts and actionable insights. This information can help farmers make informed decisions about their crops, such as when to plant, irrigate, and harvest. The goal of the WINDS initiative is to reduce crop losses due to adverse weather conditions.
3. (a)
Biju Janata Dal (BJD) party member Pramila Malik became the first woman Speaker of the Odisha Assembly. The election of Pramila Malik as the Speaker of the Odisha Legislative Assembly and she was elected unopposed.
4. (d)
The Sacred Ensembles of the Hoysala were added to the UNESCO World Heritage list in 2023.
5. (d)
Shanno Devi was the first woman Speaker of a state legislative assembly in India, serving in Haryana from December 6, 1966 to March 17, 1967.
6. (c)
Moody’s has raised concerns about the reliability of biometric technologies in humid climates, specifically in the context of India’s Aadhaar program. The report also highlights the potential misuse or exploitation of certain categories of digital ID systems, especially those under central or federated control, especially when sensitive biometric data is involved.
7. (b)
Disease X is a placeholder name for an unknown pathogen that could cause a global pandemic. It is not a specific virus, but it is believed to be a zoonotic pathogen that could jump from animals to humans.
8. (b)
Foreign institutional investors (FIIs) have been increasingly investing in Indian banks, with their total holdings reaching ₹8.36 trillion as of June 30, up from ₹7.71 trillion the previous year. This marks a significant growth from ₹6.73 trillion in June 2020.
9. (c)
Employees contribute 12% of their wages to their EPF accounts. This contribution is mandatory for salaried employees, and it forms a part of their retirement savings.
10. (b)
The OECD has revised its GDP growth projection for India in FY24 to 6.3%, up from the previous estimate of 6%.
11. (b)
A substantial 93.5% of FII holdings in Indian banks, as of June 30, were concentrated in the country’s largest private-sector banks. This indicates that private-sector banks are more attractive to global investors than public-sector banks.
12. (b)
IMD has classified monsoon rainfall in 2023 as below normal, with a 6% deficiency overall. This means that the country has received less rainfall than usual this monsoon season.
13. (b)
The southwest monsoon in India began its retreat on September 25, 2023, which is eight days behind its usual withdrawal date of September 17.
14. (d)
Credit ratings play a vital role in financial markets. They assess the likelihood of a borrower defaulting on their obligations and significantly influence the terms under which banks and other financial entities provide loans. Credit ratings also help investors to make informed decisions about where to invest their money and governments to manage their finances more effectively.
15. (a)
The Kisan Rin Portal (KRP) is a digital platform that provides farmers with a comprehensive view of crucial information such as farmer data, loan disbursement details, interest subvention claims, and efficient agriculture credit management.
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