Daily Quiz June 2023

(a) 22(b) 24(c) 26(d) 28 Ans.(c)Sol. With the addition of Go Digit Life Insurance, the number of insurers in the Indian life insurance market has increased to 26.

(a) Facilitating financing for large corporations(b) Improving cash flows for insurance companies(c) Ensuring a steady supply of goods for buyers(d) Enhancing cash flows for MSMEs Ans.(d)Sol. TReDS platforms were introduced by the RBI with the objective of facilitating the financing of trade receivables for Micro, Small, and Medium Enterprises (MSMEs) to improve their cash flows.

[A] Territorial Army[B] Friends of Army[C] Friends of People[D] Border Volunteers Notes:The Territorial Army, a military unit in India, is an auxiliary organization with part-time volunteers who provide assistance to the Indian Army.Defence Minister Rajnath Singh recently approved the posting of women officers of the TA with Engineer Regiments along the LOC and as staff

[A] Uttar Pradesh[B] Assam[C] West Bengal[D] Rajasthan Sol:The School Health Program was launched recently by the Urban Development Department and Lucknow Smart City.This initiative makes Uttar Pradesh the first state in the country to provide digital health cards for children.

[A] Kerala[B] Goa[C] Odisha[D] West Bengal Sol: Duchenne Muscular Dystrophy (DMD) is a genetic disorder of progressive muscular weakness that generally affects boys.The Odisha government recently announced one-time financial aid of Rs.10 lakh to each discharged patient suffering from the DMD.

(a) Fairfax Group(b) Go Digit General Insurance(c) Go Digit Life Insurance Limited(d) Securities and Exchange Board of India Ans.(c)Sol. Go Digit Life Insurance Limited, the company backed by the Fairfax Group has obtained approval from IRDAI to carry out life insurance operations in India.

(a) Banks and NBFC-Factors only(b) Insurance companies only(c) Entities permitted under the Factoring Regulation Act (FRA) and its rules(d) MSMEs Ans.(c)Sol. The RBI has expanded the pool of financiers by allowing all entities/institutions allowed to undertake factoring business under the FRA and its rules to participate as financiers on TReDS platforms.

Daily Quiz on Current Affairs 12 June 2023 is very important for Competitive Exams like SSC, Railway, RRB, Banking, IBPS, PSC, UPSC, etc. Our Gkseries team have composed these Current Affairs Quizzes from Newspapers like The Hindu and other competitive magazines.

Daily Quiz on Current Affairs 10 June 2023 is very important for Competitive Exams like SSC, Railway, RRB, Banking, IBPS, PSC, UPSC, etc. Our Gkseries team have composed these Current Affairs Quizzes from Newspapers like The Hindu and other competitive magazines.

(a) $5.9 billion(b) $8.4 billion(c) $14.1 billion(d) $16.7 billion(e) $19.2 billion Ans.(b)Sol. According to the RBI Governor, the net inflow of Foreign Portfolio Investments (FPI) in the fiscal year 2023-2024 until June 6 amounts to $8.4 billion.