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Current Affairs 14 August 2023

Daily CA 2023

1Q) Which of the following Article of the Indian Constitution empowers the President of India to constitute the GST Council?


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⇨ As per Article 279A(1) of the amended Constitution, the GST Council has to be constituted by the President within 60 days of the commencement of Article 279A.


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Indian Express   Click Here

2Q) The Chesapeake Bay is the largest estuary in which of the following country?


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⇨ The Chesapeake Bay is the largest estuary in the United States.

⇨ The Bay is located in the Mid-Atlantic region and is primarily separated from the Atlantic Ocean by the Delmarva Peninsula.

⇨ It was created by the submergence of the lower courses of the Susquehanna River and its tributaries.

⇨ The southern part of the bay is bordered by Virginia and its northern part by Maryland.


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Indian Express   Click Here

3Q) The Gulf of California is a large inlet of the eastern Pacific Ocean along which of the following country?


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⇨ The Gulf of California, also called the Sea of Cortez is a large inlet of the eastern Pacific Ocean along the northwestern coast of Mexico.

⇨ It separates the mountainous Lower California Peninsula/Baja California Peninsula in the west from the states of Sonora and Sinaloa on the mainland of Mexico in the east.

⇨ Rivers that flow into the Gulf of California include the Colorado, Fuerte, Mayo, Sinaloa, Sonora, and Yaqui.

⇨ Parts of the Gulf of California are a UNESCO World Heritage Site.


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The Hindu   Click Here

4Q) India become a full-fledged member of SCO in which of the following year?


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⇨ In June 2017, at a summit in Kazakhstan, India, and Pakistan officially joined SCO as full members.


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Indian Express   Click Here

5Q) Which of the following country is the leading producer of both germanium and gallium?


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⇨ China is the world's leading producer of both germanium and gallium.


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The Hindu   Click Here

6Q) The RBI will calculate the inflation in the country based on which of the following?

(1) Consumer Price Index (CPI)

(2) Wholesale Price Index (WPI)


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⇨ Measures of Inflation in India:

⇨ The two main indicators of inflation in India are the wholesale price index (WPI) and the consumer price index (CPI).

⇨ The Wholesale Price Index (WPI) calculates the wholesale-level changes in price.

⇨ Consumer Price Index (CPI) calculates the retail-level changes in price.

⇨ The formula for Inflation:

⇨ Inflation can be measured by using Consumer Price Index (CPI) as follows:

⇨ Inflation = ((Current period CPI − Prior period CPI)/Prior period CPI) X 10

⇨ How is the inflation rate calculated with the help of the Wholesale Price Index (WPI):

⇨ If we have the WPI values of two time zones, say, beginning and end of the year, the inflation rate for the year will be,

⇨ [(WPI of end of the year – WPI of the beginning of the year)/WPI of the beginning of year] x 100


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The Hindu   Click Here

7Q) The lunar day is equal to how many earth days?


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⇨ About lunar day:

⇨ A lunar day is the period of time for Earth's Moon to complete one rotation on its axis with respect to the Sun.

⇨ A mean solar day on the Moon, a lunar day for short, is 29.5306 Earth days.

⇨ Note:

⇨ It takes 27 days, 7 hours, and 43 minutes for our Moon to complete one full orbit around Earth.

⇨ This is called the sidereal month and is measured by our Moon's position relative to distant “fixed” stars.

⇨ It also takes approximately 27 days for the moon to rotate once on its axis.

⇨ As a result, the moon does not seem to be spinning but appears to observers from Earth to be keeping almost perfectly still.


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The Hindu   Click Here

8Q) Which of the following statement is correct regarding G-20?

(1) The G20 group was originally established as a platform for finance ministers and central bank governors to discuss international economic and financial issues.

(2) Digital public infrastructure is one of India's G-20 priorities


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⇨ The G20 was founded in 1999 after the Asian financial crisis as a forum for Finance Ministers and Central Bank Governors to discuss global economic and financial issues.

⇨ India assumed the G20 presidency on December 1, 2022.

⇨ The following are India’s G20 priorities:

⇨ Sustainable food systems

⇨ Inclusive growth

⇨ Climate change mitigation and adaptation

⇨ International financial architecture

⇨ Digital public infrastructure

⇨ Sustainable energy transitions

⇨ Global health architecture

⇨ Digital transformations

⇨ Anti-corruption

⇨ Terrorism and transnational crime

⇨ Migration and refugees


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The Hindu   Click Here

g20.org   Click Here

9Q) Siachen Glacier is situated at which of the following?


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⇨ Siachen Glacier is a part of Ladakh situated on the North of Nubra Valley, which is part of the eastern Karakoram range in the Himalayan mountains.

⇨ It is the source for the 50-mi-long Nubra River, a tributary of the Shyok, which is part of the Indus River system.

⇨ K12 mountain is also found near Siachen Valley.

⇨ It is the second-longest glacier in non-polar regions of the world.

⇨ In earlier Tibetan maps, it was referred to as Yarma Tsangpo.


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The Hindu   Click Here

10Q) Tides occur in the oceans and seas due to which of the following?

(1) The gravitational force of the Sun

(2) The gravitational force of the Moon

(3) The centrifugal force of the Earth


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⇨ Tides occur in oceans and seas due to the gravitational force of the Sun, Moon, and the centrifugal force of the Earth.


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The Hindu   Click Here

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