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  • 15September MCQ : Current Affairs Quiz 15September 2023

Today's Current Affairs MCQ (15 September 2023)

15September MCQ : Current Affairs Quiz 15September 2023

  • In Current Affairs
Today's Current Affairs MCQ (15 September 2023)

In this article, we will discuss all the important Current Affairs MCQs of 15 September with full explanations. Where we will discuss the daily current affairs quiz’s questions and answers. So read all the important 15 September MCQs carefully.

Current Affairs Quiz / 15 September MCQ Current Affairs


15 September Current Affairs MCQ – Questions


1. How much is the estimated cost of extending the Ujjwala scheme in its third phase?
(a) ₹103.5 crore
(b) ₹1,650 crore
(c) ₹7.5 billion
(d) ₹10,350 crore
2. Where is the Geological Survey of India Training Institute (GSITI) located?
(a) New Delhi
(b) Hyderabad
(c) Bengaluru
(d) Mumbai
3. What is the duration of the partnership initiated through the Memorandum of Understanding (MoU) between GSITI and ISRO?
(a) One year
(b) Three years
(c) Five years
(d) Ten years
4. What type of company is BriskPe in the financial technology (FinTech) sector?
(a) A cryptocurrency exchange platform
(b) A digital lending institution
(c) A cross-border payments FinTech company
(d) An e-commerce marketplace
5. Who has been appointed as the Chairman of Mastercard India?
(a) Rajnish Kumar
(b) Aditya Puri
(c) Arundhati Bhattacharya
(d) Raghuram Rajan
6. What was India’s wholesale inflation rate in August 2023?
(a) -4.12%
(b) -0.52%
(c) 1.36%
(d) 2.51%
7. Which component of WPI saw the highest decline in August 2023?
(a) Primary Articles
(b) Fuel & Power
(c) Manufactured Products
(d) Food Index
8. How much was the final dividend per share declared by LIC for the fiscal year 2022-23?
(a) ₹1 per share
(b) ₹2 per share
(c) ₹3 per share
(d) ₹4 per share
9. What percentage of equity stake did the Indian government hold in LIC as of the end of June this year?
(a) 80%
(b) 90%
(c) 96.5%
(d) 99%
10. Why is an OIML Pattern Approval certificate important for international trade of weights and measures?
(a) It ensures lower production costs.
(b) It guarantees product quality.
(c) It eliminates the need for packaging.
(d) It reduces transportation fees.
11. What is Fitch Ratings’ forecast for India’s economic growth in FY24?
(a) 6.0%
(b) 6.2%
(c) 6.3%
(d) 6.5%
12. What does the Wholesale Price Index (WPI) measure in India?
(a) Retail price changes
(b) Consumer spending trends
(c) Factory gate prices before retail
(d) Agricultural price fluctuations
13. What contributed to India’s strong economic growth in the April-June quarter of the current fiscal year?
(a) A decline in services sector activity
(b) Weak demand
(c) Robust exports
(d) Strong services sector activity and robust demand
14. Which of the following individuals were NOT required to report births and deaths under the previous rules?
(a) Parents of the newborn
(b) Medical officers in charge of hospitals
(c) Jailors in case of births in jails
(d) Biological parents of children born through surrogacy
15. What is Fitch’s projection for India’s benchmark interest rate until the end of 2023?
(a) 5.0%
(b) 6.0%
(c) 6.5%
(d) 7.0%


15 September MCQs – Answers


1. (b)
The third phase of the Ujjwala scheme is estimated to cost approximately ₹1,650 crore.
2. (b)
Geological Survey of India Training Institute (GSITI) is located in Hyderabad.
3. (d)
Strong services sector activity and robust demand. India’s strong economic growth in the April-June quarter was primarily driven by strong services sector activity and robust demand.
4. (c)
BriskPe is a cross-border payments FinTech company.
5. (a)
Rajnish Kumar. He has been appointed as the Chairman of Mastercard India.
6. (b)
India’s wholesale inflation rate in August 2023 was -0.52%, as per the data released by the government.
7. (c)
Manufactured Products witnessed the highest decline in August 2023, with a WPI inflation rate of -2.37%.
8. (c)
₹3 per share, which was the dividend declared for the fiscal year 2022-23.
9. (c)
96.5%, indicating the substantial equity stake held by the government in LIC.
10. (b)
An OIML Pattern Approval certificate is essential for international trade as it guarantees the quality and conformity of weights and measures, facilitating cross-border commerce.
11. (c)
Fitch Ratings has retained India’s growth forecast for FY24 at 6.3%.
12. (c)
The Wholesale Price Index (WPI) in India tracks changes in factory gate prices before retail prices. It focuses on goods traded in bulk by wholesale businesses.
13. (c)
The partnership is set to last for five years under the NNRMS program.
14. (d)
Biological parents of children born through surrogacy. The new act expands the list of reporters to include biological parents for births through surrogacy.
15. (c)
Fitch maintains a forecast of a 6.5% benchmark interest rate set by the Reserve Bank of India until the end of 2023.



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