1October MCQ : Current Affairs Quiz 1October 2023
In this article, we will discuss all the important Current Affairs MCQs of 1 October with full explanations. Where we will discuss the daily current affairs quiz’s questions and answers. So read all the important 1 October MCQs carefully.
Current Affairs Quiz / 1 October MCQ Current Affairs
1 October Current Affairs MCQ – Questions
1. What is the purpose of the windfall tax?
(a) To capture excessive profits in the crude petroleum sector
(b) To make diesel more affordable for consumers and businesses
(c) To lower operational costs for airlines
(d) All of the above
2. What is the Union Budget’s target for the fiscal deficit in 2023-24?
(a) 5%
(b) 5.5%
(c) 5.9%
(d) 6.4%
3. When and who proposed the idea of an International Day of Non-Violence?
(a) In 2004, by Iranian Nobel laureate Shirin Ebadi.
(b) In 2007, by the United Nations General Assembly.
(c) In 2023, by the Non-Violence Project Foundation.
(d) In 1948, Mahatma Gandhi.
4. Onam heralds the commencement of the Malayalam year, known as:
(a) Vishu
(b) Diwali
(c) Pongal
(d) Kolla Varsham
5. Where did the Ninth India Region Conference of the Commonwealth Parliamentary Association (CPA) take place?
(a) New Delhi
(b) Mumbai
(c) Jaipur
(d) Udaipur
6. Which organization has recently endorsed capital management reforms, unleashing a substantial $100 billion fund over the next ten years?
(a) Asian Development Bank (ADB)
(b) World Bank
(c) International Monetary Fund (IMF)
(d) United Nations Development Programme (UNDP)
7. Which organization releases the Index of Industrial Production (IIP) data in India?
(a) Ministry of Commerce and Industry
(b) Reserve Bank of India (RBI)
(c) National Statistical Office of India (NSO)
(d) All of the above
8. Which organizations will collaborate to implement the initiative funded by the G20 Pandemic Fund?
(a) WHO and UNICEF
(b) Asian Development Bank, World Bank, and FAO
(c) Red Cross and Greenpeace
(d) UNESCO and UNDP
9. Who is the President of the Asian Development Bank (ADB)?
(a) Masatsugu Asakawa
(b) David Malpass
(c) Kristalina Georgieva
(d) Achim Steiner
10. Which countries are part of the BRICS economic alliance?
(a) Brazil, Russia, India, Canada, Australia
(b) Belgium, Romania, Iran, China, South Africa
(c) Brazil, Russia, India, China, South Africa
(d) Britain, Russia, Italy, China, Sweden
11. Who is the recipient of the 2023 SASTRA Ramanujan Prize?
(a) Ruixiang Zhang
(b) Srinivasa Ramanujan
(c) Shaoming Guo
(d) Xiumin Du
12. Who is the Managing Director and CEO of Canara Bank?
(a) K. Satyanarayana Raju
(b) Raghuram Rajan
(c) Shaktikanta Das
(d) Urjit Patel
13. Which Eurozone country experienced the largest drop in inflation in September 2023?
(a) Germany
(b) The Netherlands
(c) France
(d) Italy
14. Who is the President of the European Central Bank (ECB)?
(a) Christine Lagarde
(b) Mario Draghi
(c) Gita Gopinath
(d) Benoit Coeure
15. What was the growth rate of India’s core sector in August 2023?
(a) 4.2%
(b) 8.4%
(c) 10.0%
(d) 12.1%
1 October MCQs – Answers
1. (a)
The windfall tax is intended to capture excessive profits in the crude petroleum sector.
2. (c)
The Union Budget aimed to restrict the fiscal deficit to 5.9% of the Gross Domestic Product (GDP) for 2023-24.
3. (a)
In 2004, Iranian Nobel laureate Shirin Ebadi proposed the idea of an International Day of Non-Violence.
4. (d)
Occurring between the months of August and September according to the Malayali calendar, Onam heralds the commencement of the Malayalam year, known as Kolla Varsham. This harvest festival resonates with the legend of King Mahabali, a generous and benevolent ruler.
5. (d)
The eagerly awaited Ninth India Region Conference of the Commonwealth Parliamentary Association (CPA) took place in the historic city of Udaipur, located in the state of Rajasthan. Stretched across a duration of two days, the event received its inauguration from the distinguished Lok Sabha Speaker, Om Birla.
6. (a)
The Asian Development Bank (ADB) has recently endorsed capital management reforms, unleashing a substantial $100 billion fund over the next ten years.
7. (c)
The National Statistical Office of India (NSO) releases the Index of Industrial Production (IIP) data in India.
8. (b)
The initiative will be implemented by collaborating organizations including the Asian Development Bank, World Bank, and FAO.
9. (a)
Masatsugu Asakawa is the President of the Asian Development Bank (ADB).
10. (c)
The BRICS economic alliance consists of Brazil, Russia, India, China, and South Africa.
11. (a)
Ruixiang Zhang, an Assistant Professor at the University of California, Berkeley, USA, has been selected as the recipient of the prestigious 2023 SASTRA Ramanujan Prize.
12. (a)
K. Satyanarayana Raju is the Managing Director and CEO of Canara Bank.
13. (b)
The Netherlands saw a decrease in consumer prices by 0.3 percent in September 2023, the largest drop in inflation among Eurozone countries.
14. (a)
Christine Lagarde has been President of the ECB since 2019.
15. (d)
India’s core sector growth in August 2023 was 12.1%, a 14-month high.
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