Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 07th July 2023. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2023 & other competitive exams can make use of these Current Affairs Quiz.

 

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1) Which of the following became the first bank in India to launch the Mahila Samman Savings Certificate (MSS(C) scheme?

(a) Bank of Baroda

(b) State Bank of India

(c) Bank of India

(d) Canara bank

(e) Indian Overseas Bank

2) India Post has entered into an agreement with Canada Post to introduce International Tracked Packet Service (ITPS) to facilitate e-commerce exports. Canada Post will be the_________ partner country with India post.

(a) 32nd

(b) 24^th

(c) 34^th

(d) 38^th

(e) 39^th

3) Which bank has launched the Rupay Select debit card, that will provide luxury, convenience, and security, all in one card and the cash withdrawal limit is set to 50000 rupees?

(a) Bank of Baroda

(b) State Bank of India

(c) Bank of India

(d) Canara bank

(e) Indian Overseas Bank

4) The Union Home Minister and Minister of Cooperation, Amit Shah launched “Scheme for Expansion and Modernization of Fire Services in the States” with a total outlay of how many crores?

(a)Rs.6000

(b)Rs.4000

(c)Rs.5000

(d)Rs.6500

(e)Rs.5800

5) Prime Minister Narendra Modi participated in the flagging off of Vande Bharat trains at Gorakhpur Railway Station. Gorakhpur is located in which state?

(a) Madhya Pradesh

(b) Maharashtra

(c) Gujarat

(d) Uttar Pradesh

(e) West Bengal

6) The 67th Travel Agents Association of India (TAAI) Convention will commence in Colombo. The vision of Indian tourism is _____________.

(a) 2035

(b) 2040

(c) 2047

(d) 2036

(e) 2045

7) CRZ clearance approval for projects that fall in the vicinity of a coastline recently the Union Government has extended how many years of validity of coastal regulation zone (CRZ)?

(a) 7

(b) 10

(c) 14

(d) 9

(e) 12

8) Prime Minister Narendra Modi chaired the 23rd Summit of the SCO Council of Heads of State virtually. The theme of India’s chairmanship is SECURE. What does‘S’ denote in ‘SECURE’?

(a) Source

(b) Secure

(c)Shielded

(d) Security

(e) Sheltered

9) Aadhav Arjuna was elected as president of the Basketball Federation of India (BFI) in the election held at the Nehru Stadium. He belongs to which state?

(a) Karnataka

(b) Kerala

(c) Madhya Pradesh

(d) Uttar Pradesh

(e) Tamil Nadu

10) Fintech unicorn BharatPe has appointed Pankaj Goel as new chief technology officer (CTO). Who is the interim CEO of BharatPe?

(a) Sheema Sharma

(b) Nalig Negi

(c) Vijay Agarwal

(d) Munish Sharma

(e) Surya Singh

11) The North Atlantic Treaty Organization’s (NATO) members extended the tenure of alliance Chief Jens Stoltenberg until 1st October 2024. In which year he received the award of Sønsteby Prize?

(a) 2022

(b) 2020

(c) 2023

(d) 2018

(e) 2019

12) Which of the following company has appointed the former Apple Executive Sreenivasa Reddy as the new Indian Policy head?

(a) Microsoft

(b) Google

(c)Flipkart

(d) Yahoo

(e) Amazon

13) HDFC chairman Deepak Parekh (78) stepped down after serving the mortgage lender for how many years?

(a) 45

(b) 35

(c) 33

(d) 46

(e) 42

14) Market capitalization is one of the measurements of a company's outstanding share of stocks. The market capitalization of BSE-listed firms breached how many lakh crores?

(a) 500

(b) 200

(c) 300

(d) 400

(e) 350

15) In South Asia, FDI flows to India rose by 10% to $49 billion as the country became the __________ largest host country for Greenfield project announcements.

(a) 4^th

(b) 3^rd

(c) 5^th

(d) 2^nd

(e) 1^st

16) Which is the first ever IIT campus to be set up outside India for the Internationalization of higher education?

(a)IIT Madras

(b)IIT Delhi

(c)IIT Bombay

(d)IIT Kanpur

(e)IIT Kharagpur

17) Tamim Iqbal is one of the most decorated batters and is considered the best opener announced his retirement from international cricket. Which country does he belong to?

(a) Australia

(b) Pakistan

(c) Bangladesh

(d) South Africa

(e)New Zealand

18) Sakshi Kochhar has become the youngest commercial pilot in India at the age of 18. Which state does she belong to?

(a) Uttar Pradesh

(b) Madhya Pradesh

(c) Himachal Pradesh

(d) Assam

(e) J&K

19) Vice Admiral Atul Anand took over as additional secretary of the Department of Military Affairs in the Ministry of Defence (Mo(D). Whom did he succeed?

(a)Prakash Goel

(b) Ajay Bhatt

(c) Anil Puri

(d) P. K Mishra

(e) Samant Goel

20) Scheduled Banks are included in the _____________ schedule of the RBI Act, 1934.

(a) First Schedule

(b) Second Schedule

(c) Third Schedule

(d) Fourth Schedule

(e) All the above

Answers :

1) Answer: C

The Bank of India (BoI), one of the largest public sector banks (PSBs) in the country, has become the first bank to officially roll out Mahila Samman Savings Certificate (MSS(C) scheme. The scheme was announced by Union Finance Minister Nirmala Sitharaman during her Budget speech FY 2023-24.

About the scheme:

• The scheme offers an interest rate of 7.5% per annum, compounded quarterly.
• While the minimum investment is Rs 1,000, any sum in multiples of Rs 100 can be deposited, up to a maximum limit of Rs 2 lakh.
• The account will mature after 2 years from the date of opening.
• Accounts under this scheme can be opened until March 31, 2025.

2) Answer: E

India Post already provides ITPS service with 38 partner countries and Canada will be the 39^th country. The International Tracked Packet Service (ITPS) is a competitive service that enables the transmission and delivery of packets and is designed to meet the cross-border shipping requirements of e-commerce exporters, including Micro, Small and Medium Enterprises (MSMEs), small businesses, merchants, etc. to promote exports of their products using local post offices.

3) Answer: A

The Indian Overseas Bank (IO(B)unveiled an all-new RuPay Select Debit card. The introduction of the RuPay Select debit card will offer users with gym memberships, free health check-up, complimentary golf lessons, spa services, and lounge access in selected domestic and international airports.

The Eligible One is required to have a savings bank account or a certificate of deposit (C(D)with IOB, maintaining an average daily balance of ₹ 1 lakh.

4) Answer: C

The Union Ministry of Home Affairs has launched a “Scheme for Expansion and Modernization of Fire Services in the States” from the earmarked allocation of the Preparedness and Capacity Building Funding Window under the National Disaster Response Fund (NDRF) for strengthening fire services in the States with a total outlay of Rs. 5,000 crores.

An amount of Rs. 500 crores, out of the total outlay, has been kept for incentivizing the States based on their legal and infrastructure-based reforms.

5) Answer: D

PM Narendra Modi lay the foundation stone of Gorakhpur Railway Station redevelopment. The station will be redeveloped at a cost of around Rs. 498 crore and will provide world-class passenger amenities. These projects have helped in achieving 100 percent electrification of railway lines in Uttar Pradesh.

6) Answer: C

The three-day convention's inaugural ceremony promises to be a star-studded affair with the esteemed presence of Sri Lanka's President Ranil Wickremasinghe, and High Commissioner of India Gopal Bagley among others.

The convention presents numerous trade opportunities for Indian and Sri Lankan travel industry stakeholders.

With 500 participants and 50 Indian media personnel, the event solidifies its position as a premier travel event in the region.

The convention's agenda features a range of thought-provoking sessions, including discussions on India's tourism vision for 2047, the rise of experiential travel, the growing significance of MICE (Meetings, Incentives, Conferences, and Exhibitions), and the ever-expanding digital opportunities in the travel industry.

7) Answer: B

The validity of coastal regulation zone clearance will be extended to 10 years from seven as per a 2019 notification at present, according to a new notification by the government. In a notification issued on July 3, the Union environment ministry also made CRZ clearance transferrable to another project proponent and made provisions for the CRZ clearance granted for a specific project to be split amongst two or more project proponents.

8) Answer: D

The theme of India’s Chairmanship of SCO-SECURE is derived from the acronym given by the Prime Minister at the 2018 SCO Qingdao Summit.

SECURE stands for Security, Economic development, Connectivity, Unity, Respect for sovereignty and territorial integrity, and Environmental protection.

India has established new pillars of cooperation under its chairmanship by prioritising startups and innovation, traditional medicine, digital inclusion, youth empowerment, and shared Buddhist heritage.

9) Answer: E

Aadhav Arjuna becomes the first person from Tamil Nadu (TN) to be selected as the President of BFI. Aadhav got 38 of the 39 votes, against the outgoing president Govindaraj. A former player and the president of the Madhya Pradesh Basketball Association, Kulvinder Singh Gill was elected assecretary-general.

10) Answer: B

In Jan 2023, BharatPe appointed current chief financial officer (CFO) Nalig Negi as the firm’s interim chief executive officer (CEO) until its board found a replacement for Suhail Sameer, who stepped down from the position.

11) Answer: C

In January 2023, Jens Stoltenberg was awarded the Sønsteby prize for his brave defenders of fundamental democratic values at a ceremony in Oslo, Norway.

 It’s the fourth timeStoltenberg has had his mandate extended.

He is the second-longest serving NATO secretary-general after former Dutch foreign minister Joseph Luns.

12) Answer: B

Tech giant Google is set to appoint a well-known manufacturing and policy expert Sreenivasa Reddy as the new India policy head. He is likely to join Google towards the end of 2023. Reddy would be replacing Archana Gulati who exited Google in September 2022 after serving a tenure of 5 months.

13) Answer: A

Deepak Parekh left his Chase Manhattan Bank job in 1978 to join HDFC when he was 33 and built it into India’s largest private sector housing finance company.

Recently, HDFC Bank, the largest private sector bank in India, and housing finance company HDFC Ltd are set to complete their merger by July 1, 2023.At the age of 78, when he announced his retirement after spending nearly 45 years at the corporation.

14) Answer: C

The market capitalization of BSE-listed companies briefly exceeds ₹300-lakh crore market during the closing hours, but settled at ₹299.90-lakh crore at close.

• The BSE Sensex dipped 33.01 points or 0.05 per cent to settle at 65,446.04.
• The BSE benchmark had jumped over 2,500 points in the past five sessions.

15) Answer: B

Foreign direct investment (FDI) in developing countries in Asia remained flat year-on-year at $662 billion during 2022, despite clocking about half of global inflows, the United Nations Conference on Trade and Development (UNCTA(D) in its World Investment Report 2023.

Five economies (China, Singapore, Hong Kong (Chin(a), India and the United Arab Emirates, in that order) accounted for almost 80% of FDI to the region.

In South Asia, FDI flows to India rose by 10% to $49 billion as the country became the third-largest host country for greenfield project announcements and the second-largest for international project finance deals. FDI in Bangladesh grew by 20% to $3.5 billion.

16) Answer: A

The Memorandum of Understanding (MoU) for setting up of campus of IIT Madras in Zanzibar- Tanzania was signed between the Ministry of Education (Mo(E) Dharmendra Pradhan, IIT Madras and Ministry of Education and Vocational Training (MoEVT) Zanzibar- Tanzania,

The Indian Institute of Technology (IIT), Madras continued to bag the top spot in the National Institute Ranking Framework, 2023 for the fifth consecutive year.

Dharmendra Pradhan on Tuesday tested 'BharOS', an indigenous operating system developed by the Indian Institute of Technology, Madras (IIT).

17) Answer: C

One Day International (ODI) captain of Bangladesh, Tamim Iqbal announced his retirement from international cricket.

In a surprise move, Tamim declared in Chattogram that the match he played against Afghanistan was the final match of his career.

In his 16 years career, he scored the highest runs in ODIs, second highest in test matches, and the third highest in T20s for Bangladesh.

18) Answer: C

Sakshi, was born on May 30, 2005, in the small town Parwanoo, the Gateway of Himachal Pradesh (HP).She achieved this milestone by surpassing Maitri Patel.

Her first solo flight was on December 21, 2022, and this year, she received her commercial pilot licence from the United States (US) on May 30, which is also her birthday.

19) Answer: C

Vice Admiral Atul Anand was commissioned into the executive branch of the Indian Navy on January 01, 1988.

He also served as the Navigating Officer of Indian Naval ships Sharda, Ran Vijay & Jyoti and was the Direction Officer of the Sea Harrier squadron INAS 300 and the Executive Officer of the destroyer INS Delhi. The post was previously held by Lt Gen Anil Puri, who superannuated on February 28, 2023.

20) Answer: B

Scheduled banks are those banks that are listed under Schedule II of the Reserve Bank of India Act, 1934.