Current Affairs Quiz – May, 2023

21.The Amazon Fund is maintained by which financial institution?

[A] World Bank
[B] IMF
[C] New Development Bank
[D] Brazilian Development Bank

Answer: D [Brazilian Development Bank]

Notes:
The Amazon Fund was created to raise donations for investments in efforts to prevent deforestation in the Brazilian Amazon. The Fund is managed by the Brazilian Development Bank (BNDES), which performs raising and investing funds.
The UK government recently announced the contribution of more than 101 million USD to this initiative.

22.Which institution is the regulator of insurance companies?

[A] RBI
[B] IRDAI
[C] PFRDA
[D] SEBI

Answer: B [IRDAI]

Notes:
The Insurance Regulatory and Development Authority of India (IRDAI), the regulator of insurance companies, is planning to tighten regulations on insurance advertisements.
These new rules will assign higher responsibilities on senior management of insurers in designing and approving media campaigns that promote insurance products.

23.Tagin language is prevalently spoken in which state/UT?

[A] Assam
[B] Sikkim
[C] Arunachal Pradesh
[D] Meghalaya

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Answer: C [Arunachal Pradesh]

Notes:
The trailer for the feature film ‘Love in 90s’ was released recently by Union Minister Kiren Rijiju. It is the first movie based on the Tagin community of Arunachal Pradesh.
As per the Union Minister, ‘Love in 90s” shall be tax-free and that he will ask State Government to promote it through other means.

24.‘Khumjung Khunde Waste Water Management Project’ is being constructed in which country, with the aid from India?

[A] Nepal
[B] Bangladesh
[C] Sri Lanka
[D] Myanmar

Answer: A [Nepal]

Notes:
The foundation stone for the Khumjung Khunde Waste Water Management Project was laid recently in Solukhumbu District of Nepal by the Indian Ambassador Naveen Srivastava.
The project is implemented with grant-in assistance from India under the India- Nepal Development cooperation.

25.‘PMJJBY, PMSBY and APY’ were launched in which year? [A] 2015
[B] 2017
[C] 2019

[D] 2020

Answer: A [2015]

Notes:
Pradhan Mantri Suraksha Bima Yojana (PMJJBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMSBY) and Atal Pension Yojana (APY) have completed eight years. They were launched in 2015.
Till date, PMJJBY recorded more than 16 crore enrolments, PMSBY recorded more than 34 crore enrolments and APY recorded around 5 crore subscribers.

26.Which racing driver won the Miami Grand Prix title in 2023?

[A] Charles Leclerc
[B] Max Verstappen
[C] Sergio Perez
[D] Lewis Hamilton

Answer: B [Max Verstappen]

Notes:
Max Verstappen won the Miami Grand Prix from ninth on the starting grid, with the fastest lap.
Mexica’s Perez came second while Fernando Alonso came third. Verstappen was also the winner of last year’s inaugural Miami Grand Prix.

27.Which city hosted the ‘National Conference on “Land Governance in North Eastern States’?

[A] New Delhi
[B] Guwahati
[C] Shillong
[D] Kohima

Answer: B [Guwahati]

Notes:
The National Conference on “Land Governance in North Eastern States” was held recently in Guwahati.
It was jointly organized by Lal Bahadur Shastri National Academy of Administration, Mussoorie and Department of Land Resources with the support of Assam Government’s Revenue Department.

28.‘Ayushman Asom-Mukhya Mantri Jan Arogya Yojana’ is the initiative of which state?

[A] West Bengal
[B] Assam
[C] Odisha
[D] Bihar

Answer: B [Assam]

Notes:
The Assam state government launched the Ayushman Asom-Mukhya Mantri Jan Arogya Yojana recently.
It is a family-floater health assurance scheme that provides cashless medical treatment for up to Rs 5 lakh per family per year, aimed at promoting accessible and affordable healthcare.

29.Which state/UT announced the ‘Motor Vehicle Aggregator Scheme 2023’?

[A] Rajasthan
[B] New Delhi
[C] Kerala
[D] Odisha

Answer: B [New Delhi]

Notes:
The draft version of the Motor Vehicle Aggregator Scheme 2023 was announced recently by the Delhi government.
Its objective is to regulate cab aggregators and delivery service providers in Delhi. For the first time in the country, the scheme mandates the transition of commercial vehicles from conventional fuels to electric power.

30.As per the ‘Global Oil Infrastructure Tracker’, what is the rank of India in the pipelines under construction category?

[A] Second
[B] Seventh
[C] Twelfth
[D] Fifteenth

Answer: A [Second]

Notes:
The recently released Global Oil Infrastructure Tracker revealed that India is among the top five developers of oil pipelines that are under construction or proposed.
Other top developers are the US, Iraq, Iran and Tanzania. The country is constructing 1,630 km long oil transmission pipelines, ranking second globally in the pipelines under construction category.

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