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Current Affairs Quiz August 5th, 2023

Directions for the quiz:
1. This quiz, the Current Affairs Quiz August 5th, 2023, is meant to be a check for your learning and is intended to serve as a tool for assessment.
2. Current Affairs Quiz August 5th, 2023, is designed to check your Current Affairs General Knowledge and provide you with an assessment.
3. Each question in the Current Affairs Quiz August 5th, 2023, followed by four options. You can select the most appropriate option for the question.
4. Before you take this quiz, we would recommend that you go through the article, Daily Current Affairs Today August 5th, 2023

Question 1:
What is the purpose of the ‘MASI’ application developed by the National Commission for Protection of Child Rights (NCPCR)?

A) To promote domestic manufacturing of electronic devices.
B) To facilitate realtime monitoring of Child Care Institutions (CCIs) across India.
C) To monitor railway station redevelopment under the Amrit Bharat Scheme.
D) To assess the credit rating of different countries.

Answer and Explanation

Answer: B

  • Explanation: The correct answer is B. The ‘MASI’ application is designed to facilitate realtime monitoring of Child Care Institutions (CCIs) across India, ensuring effective and efficient functioning of the inspection mechanism under the Juvenile Justice Act, 2015.

Question 2:
Why was the implementation of import restrictions on laptops, tablets, and personal computers postponed in India?

A) To boost domestic manufacturing of electronic devices.
B) Due to security concerns regarding these products.
C) To encourage international trade without restrictions.
D) To align with a global economic summit.

Answer and Explanation

Answer: B

  • Explanation: The correct answer is B. The implementation of import restrictions on laptops, tablets, and personal computers was postponed due to security concerns. The Directorate General of Foreign Trade (DGFT) decided to delay the restrictions until November 1, 2023.

Question 3:
Which bank reported its highestever quarterly profit for the AprilJune quarter of 202324?

A) HDFC Bank
B) ICICI Bank
C) State Bank of India (SBI)
D) Axis Bank

Answer and Explanation

Answer: C

  • Explanation: The correct answer is C. State Bank of India (SBI) reported its highestever quarterly profit of ₹16,884 crore for the AprilJune quarter of 202324.

Question 4:
Who has been granted a oneyear extension as the cabinet secretary in India, making him the longestserving cabinet secretary in history?

A) Rajiv Gauba
B) Narendra Modi
C) BD Pande
D) Arun Jaitley

Answer and Explanation

Answer: A

  • Explanation: The correct answer is A. Rajiv Gauba has been granted a oneyear extension as the cabinet secretary, making him the longestserving cabinet secretary in India’s history.

Question 5:
Under which scheme is Prime Minister Narendra Modi launching the redevelopment of 508 railway stations across India?

A) Swachh Bharat Abhiyan
B) Make in India
C) Amrit Bharat Scheme
D) Digital India

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Answer and Explanation

Answer: C

  • Explanation: The correct answer is C. Prime Minister Narendra Modi is launching the redevelopment of 508 railway stations under the Amrit Bharat Scheme.

Question 6:
What does the downgrade of a country’s credit rating from AAA to AA+ indicate?

A) The country’s strong economic growth.
B) Improved repayment ability of the country’s debts.
C) A decrease in the country’s GDP.
D) Higher risk of default on the country’s debts.

Answer and Explanation

Answer: D

  • Explanation: The correct answer is D. The downgrade of a country’s credit rating from AAA to AA+ indicates a higher risk of default on the country’s debts, reflecting a less favorable economic and financial health.

Question 7:
Which Indian archery team clinched the firstever gold medal for India at the World Archery Championships?

A) Men’s compound archery team
B) Women’s compound archery team
C) Men’s recurve archery team
D) Women’s recurve archery team

Answer and Explanation

Answer: B

  • Explanation: The correct answer is B. The Indian women’s compound archery team clinched the firstever gold medal for India at the World Archery Championships held in Berlin, G
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