1August MCQ : Current Affairs Quiz 1August 2023
In this article, we will discuss all the important Current Affairs MCQs of 1 August with full explanations. Where we will discuss the daily current affairs quiz’s questions and answers. So read all the important 1 August MCQs carefully.
Current Affairs Quiz / 1 August MCQ Current Affairs
1 August Current Affairs MCQ – Questions
1. Who is the world’s richest person according to the Real-Time Billionaires list as of 31st July 2023?
(a) Bernard Arnault & family
(b) Jeff Bezos
(c) Elon Musk
(d) Larry Ellison
2. Which state in India holds the largest tiger population?
(a) Kerala
(b) Madhya Pradesh
(c) Assam
(d) Rajasthan
3. Which country has the second tallest statue in the world as of 2023?
(a) China
(b) Myanmar
(c) India
(d) Japan
4. What is the tallest statue in the world as of 2023?
(a) Spring Temple Buddha
(b) Laykyun Sekkya
(c) Statue of Unity
(d) Ushiku Daibutsu
5. What is the highest award in Maharashtra, given to eminent individuals?
(a) Maharashtra Udyog Ratna Award
(b) Maharashtra Bhushan Award
(c) Maharashtra Ratna Award
(d) Maharashtra Gaurav Award
6. What is the primary purpose of the National Assessment and Accreditation Council (NAAC)?
(a) Conducting university entrance exams in India
(b) Providing financial assistance to higher education institutions
(c) Assessing and accrediting institutions of higher education in India
(d) Conducting research studies on educational policies
7. What is India’s current estimated tiger population?
(a) 2,461
(b) 3,167
(c) 3,925
(d) 4,512
8. What is the primary target audience of the ULLAS: Nav Bharat Saksharta Karyakram?
(a) Children aged 5 to 10 years
(b) Citizens aged 15 and above who missed formal schooling
(c) University students pursuing higher education
(d) Teachers and educators across the nation
9. Which tiger reserve in India has the highest tiger abundance?
(a) Bandipur
(b) Nagarhole
(c) Corbett
(d) Kaziranga
10. What percentage of the world’s wild tiger population does India currently hold?
(a) 25%
(b) 50%
(c) 60%
(d) 75%
11. Who will be responsible for regulating the Corporate Debt Market Development Fund (CDMDF)?
(a) Reserve Bank of India (RBI)
(b) Ministry of Finance, Government of India
(c) Securities and Exchange Board of India (SEBI)
(d) Association of Mutual Funds in India (AMFI)
12. What is the penalty for delayed contribution to the CDMDF by AMCs of mutual funds?
(a) 10% per annum
(b) 5% per annum
(c) 20% per annum
(d) 15% per annum
13. What position has Prof Ganesan Kannabiran taken up recently?
(a) Dean of Research and Consultancy at NIT Tiruchirappalli
(b) Director of the Indian Institute of Information Technology, Andhra Pradesh
(c) Director of the National Assessment and Accreditation Council (NAAC)
(d) Senior Professor of Information Systems at NIT Tiruchirappalli
14. What is the primary objective of the Corporate Debt Market Development Fund (CDMDF)?
(a) To invest in equity securities of listed companies
(b) To provide guarantee cover for debt raised by mutual funds
(c) To purchase investment-grade corporate debt securities during stressed market conditions
(d) To regulate the capital markets in India
15. What essential life skills does the ULLAS initiative aim to promote?
(a) Basic literacy and numeracy skills
(b) Digital literacy and financial literacy
(c) Cooking and gardening skills
(d) Dancing and singing skills
1 August MCQs – Answers
1. (c)
According to the Real-Time Billionaires list as of 31st July 2023, Elon Musk stands in the first position and is the world’s richest person with a net worth of $240.7 billion. He is known for co-founding companies like SpaceX and Tesla, which contribute significantly to his wealth.
2. (b)
Madhya Pradesh has the largest tiger population with 785 tigers, according to the latest report on India’s tiger estimation.
3. (a)
As of 2023, the second tallest statue in the world is the “Spring Temple Buddha” in China. This statue has a height of 128 meters (420 feet) and is located in Lushan, Henan. It represents Buddha (Vairocana) and was completed in the year 2008.
4. (c)
As of 2023, the tallest statue in the world is the “Statue of Unity,” which stands at a height of 182 meters (597 feet). It is located near the Narmada dam in Gujarat, India, and depicts Sardar Vallabhbhai Patel, a prominent leader of the Indian independence movement.
5. (b)
The Maharashtra Bhushan Award is the state’s highest award conferred to eminent individuals for their exceptional achievements.
6. (c)
The primary purpose of NAAC is to assess and accredit higher education institutions in India to ensure quality and promote excellence in education.
7. (c)
India’s tiger population is estimated to be 3,925, with an annual growth rate of 6.1%, as reported on Global Tiger Day on 29 July 2023.
8. (b)
Citizens aged 15 and above who missed formal schooling. The ULLAS initiative primarily aims to extend education and literacy to individuals who did not have the opportunity to attend formal schooling.
9. (c)
Corbett Tiger Reserve has the highest tiger abundance with 260 tigers, followed by Bandipur with 150 and Nagarhole with 141 tigers, as per the report on India’s tiger estimation.
10. (d)
India currently harbors almost 75% of the world’s wild tiger population, making it a critical nation for tiger conservation.
11. (c)
The Corporate Debt Market Development Fund (CDMDF) will be regulated by the Securities and Exchange Board of India (SEBI).
12. (d)
Any delay in the contribution by AMCs of mutual funds to the CDMDF will attract a penalty of 15% per annum on the respective AMC for the delayed period, with the interest credited to the CDMDF.
13. (c)
As per the announcement, Prof Ganesan Kannabiran has been appointed as the new director of NAAC, and he took charge on July 28.
14. (c)
The primary objective of CDMDF is to purchase investment-grade corporate debt securities during stressed market conditions, thereby providing support and confidence to market participants.
15. (b)
The ULLAS initiative focuses on promoting essential life skills, including digital literacy, financial literacy, legal literacy, and more.
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