10October MCQ : Current Affairs Quiz 10October 2023
In this article, we will discuss all the important Current Affairs MCQs of 10 October with full explanations. Where we will discuss the daily current affairs quiz’s questions and answers. So read all the important 10 October MCQs carefully.
Current Affairs Quiz / 10 October MCQ Current Affairs
10 October Current Affairs MCQ – Questions
1. What is India’s fiscal deficit target as a percentage of GDP for the current financial year (FY24)?
(a) 6.4%
(b) 5.9%
(c) 7.2%
(d) 8.1%
2. Who is leading the initiative for the introduction of the Digital India Act 2023 (DIA)?
(a) Ministry of Finance
(b) Ministry of Home Affairs
(c) Ministry of Electronics and Information Technology (MEITY)
(d) Ministry of Social Justice and Empowerment
3. Which country’s stock exchange witnessed a decline in APSEZ stocks on the day of the incident?
(a) Bombay Stock Exchange (BSE)
(b) New York Stock Exchange (NYSE)
(c) London Stock Exchange (LSE)
(d) Tokyo Stock Exchange (TSE)
4. Which organization is hosting the Indian Military Heritage Festival (IMHF)?
(a) Indian Ministry of Defense
(b) United Service Institution of India (USI)
(c) Indian Army
(d) Atmanirbhar Bharat Program
5. Which company secured an 810 MW solar photovoltaic power project in Rajasthan?
(a) NLC India Ltd. (NLCIL)
(b) Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL)
(c) Ministry of Coal
(d) Navaratna Central Public Sector Enterprise (CPSE)
6. Who imposed a total siege on the Gaza Strip and cut off water supply following a surprise offensive by Hamas?
(a) Israel
(b) Palestine
(c) Egypt
(d) United Nations
7. When was the Indian Ocean Rim Association (IORA) established as an intergovernmental organization?
(a) 1987
(b) 1997
(c) 2007
(d) 2017
8. Which two cities are connected by the ferry service set to launch on October 11, 2023, as part of efforts to enhance connectivity?
(a) Mumbai, Colombo
(b) Chennai, Male
(c) Nagapattinam, Kankesanthurai
(d) Dubai, Muscat
9. Which of the following is NOT a definition of the unemployment rate?
(a) The percentage of people unemployed among those in the labor force.
(b) The percentage of people seeking work but unable to find a job.
(c) The percentage of people who are not employed or actively seeking employment.
(d) The percentage of people who have been unemployed for more than 26 weeks.
10. Where is Haifa Port located?
(a) Egypt
(b) Saudi Arabia
(c) Israel
(d) United Arab Emirates
11. How much assistance has India provided for water projects in Tanzania?
(a) USD 10 million
(b) USD 100 million
(c) USD 1 billion
(d) USD 1 trillion
12. What is the primary deficit?
(a) The fiscal deficit without considering interest payments
(b) The revenue deficit
(c) The total government expenditure
(d) The government’s capital expenditure
13. According to the Periodic Labour Force Survey (PLFS) bulletin released by the Ministry of Statistics and Programme Implementation (MoSPI), what was the urban unemployment rate in India during the April-June quarter of this fiscal year?
(a) 6.6%
(b) 7.6%
(c) 8.6%
(d) 9.6%
14. Who is responsible for deploying ‘Bima Vahaks’ in every Gram Panchayat by December 31, 2024, as per the recent circular?
(a) Prime Minister of India
(b) Insurance Regulatory and Development Authority of India (IRDAI)
(c) Gram Panchayat Council
(d) Indian Ministry of Finance
15. Which states/UTs had a higher urban unemployment rate than the national average in April-June 2023?
(a) Delhi, Gujarat, and Maharashtra
(b) Himachal Pradesh, Rajasthan, and Chhattisgarh
(c) West Bengal, Bihar, and Haryana
(d) Jammu and Kashmir, Kerala, and Punjab
10 October MCQs – Answers
1. (b)
India aims to narrow its fiscal deficit to 5.9% of GDP by the end of FY24, down from 6.4% in the previous year.
2. (c)
Ministry of Electronics and Information Technology (MEITY). MEITY is leading the initiative for the introduction of the Digital India Act 2023 (DIA).
3. (a)
APSEZ stocks fell by 4.89 percent on the BSE and 5.09 percent on the National Stock Exchange (NSE) on the day of the incident.
4. (b)
United Service Institution of India (USI). The USI is hosting the IMHF.
5. (a)
NLC India Ltd. (NLCIL) secured an 810 MW solar photovoltaic power project in Rajasthan.
6. (a)
Israel imposed a total siege on the Gaza Strip and cut off water supply following a surprise offensive by Hamas.
7. (b)
The IORA was established as an intergovernmental organization in 1997, bringing together countries situated around the Indian Ocean.
8. (c)
The ferry service scheduled to launch on October 11, 2023, will connect Nagapattinam in Tamil Nadu with Kankesanthurai in the Northern Province of Sri Lanka.
9. (d)
The unemployment rate is defined as the percentage of people unemployed among those in the labor force. People are considered unemployed if they didn’t work for even one hour during the week but sought or were available for work for at least one hour during the same period.
10. (c)
Haifa Port is a major seaport located in Israel, on the Mediterranean coast.
11. (c)
India has contributed USD 1 billion in assistance for water projects in Tanzania.
12. (a)
The primary deficit is the fiscal deficit without considering interest payments.
13. (a)
The urban unemployment rate in India dropped to 6.6% in the April-June quarter of this fiscal year, the lowest level recorded since the PLFS bulletin was launched in 2018.
14. (b)
IRDAI is responsible for deploying ‘Bima Vahaks’ in every Gram Panchayat by December 31, 2024.
15. (b)
Himachal Pradesh, Rajasthan, and Chhattisgarh had higher urban unemployment rates than the national average.
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