Current Affairs Quiz 12 January 2023
Current Affairs Quiz 12 January 2023 covers the major topics of 12th Jan 2023. The questions are designed as per the need of exams like UPSC, PCS, SSC, and major competitive exams in India.
Level of Question : Moderate to Hard
1. Consider the following statements regarding Cooperative Societies in India :
- “Cooperative Societies” is in the concurrent list.
- Multi-State Cooperative Societies (MSCS) are regulated by the Centre.
Which of the statements given above is/are correct?
(A) 1 only
(B) 2 only
(C) 1 and 2
(D) Neither 1 nor 2
Show Answer
Correct Answer: (B)
Explanation:
Why this question?
Recently, Cabinet approved the establishment of three national-level Multi-State Cooperative Societies, which will help to achieve of vision of “Sahakar-se-Samriddhi” (Prosperity through Cooperation).
Three new cooperative bodies are:
- National Multi-State Cooperative Export Society
- It will act as an umbrella organization for the export of surplus goods.
- Primary to national-level cooperatives societies i.e. Primary Societies, District, State, National Level Federation, and MSCS can become its member.
- National Multi-State Cooperative Organic Society
- It will help to increase demand and consumption of organic products in the both domestic and global markets.
- National Multi-State Cooperative Seed Society
- It will act as an apex body for production, procurement, processing, branding, labeling, packaging, storage, marketing, and distribution of quality seeds.
- To develop a system for the preservation and promotion of indigenous natural seeds.
- Increase seed replacement rate.
About Cooperative Societies in India
- It is a State Subject.
- MSCS are regulated by Central Government under MSCS Act 2002.
2. Consider the following statements regarding Henley Passport Index 2023:
- It is released by Henley and Partners.
- The US has the world’s most powerful passport in 2023.
- India first time enters into the top 50.
Which of the statements given above is/are correct?
(A) 1 only
(B) 1 and 2 only
(C) 1 and 3 only
(D) 1, 2 and 3
Show Answer
Correct Answer: (A)
Explanation:
Why this question?
- Recently, Henley Passport Index 2023 was released.
About Henley Passport Index 2023:
- Released by Henley and Partners and rank 199 passports.
- It tells us about the number of destinations a passport holder can visit without a prior visa.
- In 2023, Japan tops the list.
- India secured 85th place in the Index.
3. “Global Passport Power Index 2023” released by :
(A) World Economic Forum (WEF)
(B) Arton Group
(C) OECD
(D) European Union
Show Answer
Correct Answer: (B)
4. Consider the following statements regarding Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) :
- It provides free food grain to the beneficiaries under National Food Securities Act 2013.
- It subsumes two subsidy schemes – Food Subsidy to FCI and Food Subsidy for decentralized procurement states.
Which of the statements given above is/are correct?
(A) 1 only
(B) 2 only
(C) 1 and 2
(D) Neither 1 nor 2
Show Answer
Correct Answer: (C)
Explanation:
Why this question?
- Recently, Central Government renamed the New Integrated Food Security Scheme as Pradhan Mantri Garib Kalyan Anna Yojna (PMGKAY) for providing free food grain to Antodaya Ann Yojana (AAY) and Primary Households (PHH) beneficiaries under National Food Security Act, 2013.
- About PMGKAY
- It will provide free food grain to NFSA beneficiaries.
- It subsumed two subsidy schemes
- Food Subsidy to FCI in form of Consumer subsidy and buffer subsidy;
- Food Subsidy to FCI and Food Subsidy for decentralized procurement states for procurement, allocation, and dealing purpose.
- Prior to this, beneficiaries under NFSA were provided subsidized food (Rice – ₹ 3/kg, Wheat – ₹ 2/kg, Coarse Grain – ₹ 1/kg, AAH – 35 kg, PHH – 5KG per person).
- Now it is totally free of cost.
- During COVID, a similar scheme was launched by the Centre with name PMGKAY.
5. What is UPI 123Pay?
(A) It is a lighter version of the BHIM application, launched by NPCI.
(B) It is a new payment application to make online payments in just three seconds.
(C) It is an instant payment system for featured phones.
(D) It is an android application that provides instant payment service without an internet connection.
Show Answer
Correct Answer: (C)
Explanation:
Why this question?
- Recently, Central Government has started an incentive Scheme for the promotion of RuPay Debit Cards and low-value BHIM UPI transactions.
About New Scheme
- Under this, the bank will be provided financial assistance for promoting e-Commerce transactions and Point-of-Scale (POS) using RuPay and UPI.
- UPI 123PAY and UPI Lite will be promoted
- UPI 123PAY is an instant payment system for features phone (a phone that retains the features of earlier generation phones like press button based input type and small non-touch display).
- UPI LIte is an “on device wallet”, allows the user to make small payments up to ₹ 200 offline.
- Both are developed by NPCI.
Current Affairs Quiz 13 January 2023
Ancient History
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