Daily Current Affairs - 31st May 2023

1.
In May 2023, the Securities and Exchange Board of India (SEBI) constituted a 21-member Intermediary Advisory Committee, chaired by the former SEBI executive director (ED) ____________.
(A)
Usha Narayan
(B)
Upendra Kumar Sinha
(C)
S Ravindran
(D)
Jitendra Nath Gupta

Correct Answer: (C)
Explanation: Explanation: The Securities and Exchange Board of India (SEBI) constituted a 21-member Intermediary Advisory Committee chaired by the former SEBI executive director (ED) S Ravindran.

2.
In May 2023, Prime Minister (PM) Narendra Modi virtually flagged off Uttarakhand’s 1st semi-high-speed Vande Bharat Train connecting Dehradun with ___________ (state/UT).
(A)
Delhi
(B)
Uttar Pradesh
(C)
Gujarat
(D)
Haryana

Correct Answer: (A)
Explanation: Explanation: Prime Minister (PM) Narendra Modi virtually flagged off Uttarakhand’s 1st semi-high-speed Vande Bharat Train connecting Dehradun with Delhi.

3.
In May 2023, the Reserve Bank of India (RBI) sanctioned the voluntary scheme of amalgamation of Maratha Sahakari Bank Ltd with ___________ (Co-operative Bank).
(A)
Cosmos Co-operative Bank
(B)
Saraswat Co-operative Bank
(C)
Janata Co-operative Bank
(D)
Bharat Co-operative Bank

Correct Answer: (A)
Explanation: Explanation: The Reserve Bank of India (RBI) sanctioned the voluntary Scheme of Amalgamation of Maratha Sahakari Bank Ltd., Mumbai (Maharashtra) with the Cosmos Co-operative Bank Ltd, Pune (Maharashtra), the second largest urban cooperative bank of India, from May 29, 2023, in exercise of its powers conferred under Sub-Section (4) of Section 44A read with Section 56 of the Banking Regulation (BR) Act, 1949.

4.
In May 2023, a consortium led by ________ (company) received an advance purchase order worth Rs __________ from Bharat Sanchar Nigam Ltd. (BSNL) for the deployment of a 4G network across India.
(A)
Wipro Limited; 25,000 crore
(B)
Tata Consultancy Services Limited; 15,000 crore
(C)
Infosys Limited; 25,000 crore
(D)
Tata Consultancy Services Limited; 30,000 crore

Correct Answer: (B)
Explanation: Explanation: The Tata Consultancy Service Limited (TCS)-led consortium has received an advance purchase order worth Rs 15,000 crore from Bharat Sanchar Nigam Ltd. (BSNL), a central public sector undertaking (PSU) under the Department of Telecommunications, Ministry of Communications, for the deployment of a 4G network across India.

5.
Which bank has recently (in May ‘23) appointed Srikrishnan Harihara Sarma as the Managing Director (MD) and Chief Executive Officer (CEO) for a period of 3 years?
(A)
RBL
(B)
KOTAK Bank
(C)
Karnataka Bank
(D)
SBI Bank

Correct Answer: (C)
Explanation: Explanation: Karnataka Bank, one of the leading South Indian Private sector banks, appointed Srikrishnan Harihara Sarma as its new Managing Director (MD) and Chief Executive Officer (CEO) for a period of 3 years with effect from the date of his assuming charge.

6.
Name the personality from India who has been recently (in May ‘23) appointed as a member of the Advisory Committee to the President of the 28th Session of the Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC).
(A)
N. R. Narayana Murthy
(B)
Mukesh Ambani
(C)
Ratan Tata
(D)
Gautam Adani

Correct Answer: (B)
Explanation: Explanation: Mukesh Ambani, the Chairman and Managing Director (CMD) of Reliance Industries has been appointed as a member of the Advisory Committee to the President of the 28th Session of the Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC).

7.
In May 2023, Indian Navy along with Indian Space Research Organisation (ISRO) released a ‘Gaganyaan Recovery Training Plan’ at the state-of-the-art Water Survival Test Facility (WSTF) at Indian Naval Ship (INS) ________________ .
(A)
INS Dronacharya
(B)
INS Utkrosh
(C)
INS Hansa
(D)
INS Garuda

Correct Answer: (D)
Explanation: Explanation: The Indian Navy along with Indian Space Research Organisation (ISRO) released a ‘Gaganyaan Recovery Training Plan’ at the state-of-the-art Water Survival Test Facility (WSTF) at INS (Indian Naval Ship) Garuda, Kochi, Kerala.

8.
A noted _____________ (language) writer and Sahitya Akademi awardee Govindaray H Nayak, passed away in May 2023.
(A)
Malayalam
(B)
Kannada
(C)
Tamil
(D)
Bengali

Correct Answer: (B)
Explanation: Explanation: A noted Kannada writer, critic and Sahitya Akademi award winner Govindaray H Nayak, popularly known as GH Nayak passed away at his residence in Mysuru, Karnataka at the age of 88.

9.
Who authored the book, RINGSIDE – Up, Close, and Personal on India and Beyond, which is set to be released by Shashi Tharoor on 30th May 2023 in Delhi?
(A)
Amar Nath Agrawal
(B)
Debananda Amat
(C)
Govindrao Adik
(D)
Vijay Darda

Correct Answer: (D)
Explanation: Explanation: “RINGSIDE – Up, Close, and Personal on India and Beyond”, a new book written by former member of parliament (MP) Dr Vijay Darda, Chairman of the editorial board of Lokmat Media Group, is set to be released by renowned author and Congress MP Dr Shashi Tharoor on 30th May 2023 in New Delhi, Delhi.

10.
What day was observed as 31st May?
(A)
HIV/AIDS
(B)
World's Polio Day
(C)
War Against Sugar
(D)
Anit-Tabacco Day

Correct Answer: (D)
Explanation: Explanation: Anti-Tobacco Day or World No Tobacco Day is observed on 31 May every year across the globe to make people aware and educate them about the harmful effects of tobacco on health which causes cardiovascular diseases, cancer, tooth decay, staining of teeth etc.