Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 12th 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 Small Finance Bank has recently (July 2023) launched its ₹500 crore initial public offering (IPO) with the price band being set at ₹23-25?

(a) Suryoday Small Finance Bank

(b) ESAF Small Finance Bank

(c) Equitas Small Finance Bank

(d) Fincare Small Finance Bank

(e) Utkarsh Small Finance Bank

2) ESAF Small Finance Bank (SFB) refiled Draft Red Herring prospectus for ₹629 crore IPO. Who is the MD andCEO of ESAF SFB?

(a) Sudha Suresh

(b) Sanjay Agarwal

(c) Ajay Kanwal

(d) P.S Vasudevan

(e) Paul Thomas

3) V Muraleedharan, the minister of state for external affairs, addressed the sixth India-Arab collaboration conference in New Delhi with how much billion dollars they stand up?

(a) 245

(b) 265

(c) 325

(d) 240

(e) 261

4) The 50th GST Council meeting chaired by the Union Finance Minister Nirmala Sitharaman is underway in New Delhi. In which year GST was introduced?

(a) 2016

(b) 2014

(c) 2015

(d) 2017

(e) 2013

5) The Union Minister of State Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh inaugurated a bankers’ awareness workshop at which city in India?

(a) Ahmedabad

(b) Pune

(c) Srinagar

(d) Varanasizz

(e) Kolkata

6) The National Statistical Commission (NSC) has constituted how many expert committees to look into ways to improve the survey process in India?

(a) 5

(b) 6

(c) 7

(d) 4

(e) 8

7) Which state television limited has introduced the state's first artificial intelligence (AI) news anchor named ‘Lisa’?

(a) West Bengal

(b) Odisha

(c) Mizoram

(d) Tripura

(e) Sikkim

8) Direct Tax collections up to 9th July 2023 show that gross collections are at Rs. 5.17 lakh crore. This collection is how much percentage of the total Budget Estimates of Direct Taxes for F.Y. 2023-24?

(a) 27.05%

(b) 26.05%

(c) 25.05%

(d) 24.75%

(e) 23.65%

9) Harley and Hero have recently (July) introduced their first co-developed product “Harley-Davidson X 440” in which country?

(a) USA

(b) India

(c) China

(d) Japan

(e) Iran

10) The Atal Innovation Mission (AIM) and Bayer inaugurated a one-of-a-kind industrial visit project called Atal Tinkering Labs at Bayer's production site in Vapi at which state?

(a) Goa

(b) Haryana

(c) Sikkim

(d) Gujarat

(e) Maharashtra

11) Latvia’s foreign minister Edgars Sinkevich sworn in as European Union’s first openly gay President. What is the currency of Latvia?

(a) Peso

(b) Dollar

(c) Euro

(d) Pound sterling

(e) Dinar

12) Rajiv Kumar Porwal has assumed charge as Director System Operation of Grid Controller of India Limited. GRID-India comes under which ministry?

(a) Ministry of Renewable Resource

(b) Ministry of Power

(c) Ministry of Urban affairs

(d) Ministry of Coal

(e) Ministry of Jal sakthi

13) B. NeerajaPrabhakar becomes a new Chairperson of ICAR-Indian Institute of Oil Palm Research Advisory Committee. For how many years she heads the committee?

(a) 5 years

(b) 4 years

(c) 1 years

(d) 2 years

(e) 3 years

14) As per the ICAR-IIOPR report, which of the following country is the world biggest palm oil producer?

(a) India

(b) Iran

(c) UAE

(d) Iraq

(e) Indonesia

15) Minnu Mani created history as the first woman cricketer from which state to represent the Indian senior team?

(a) Karnataka

(b) Kerala

(c) Manipur

(d) Telegana

(e) Tamil Nadu

16) Former basketball star and two-time Olympic gold medal winner, Nikki McCray-Penson passed away. At which year she received Women’s Basketball Hall of Fame?

(a) 2010

(b) 2015

(c) 2012

(d) 2019

(e) 2004

17) Every Year, World Malala Day has been celebrated on which of the following date?

(a) July 12

(b) June 10

(c) July 11

(d) June 30

(e) July 08

18) Which company launched its Point-of-sale (POS) device that enables merchants to accept payments via Debit Cards, Credit Cards and UPI, providing them with a simple and seamless settlement experience?

(a) Gpay

(b) Paytm

(c) PhonePe

(d) Amazon pay

(e) BHIM

19) The National Statistical Commission (NSC) has constituted five expert committees to look into ways to improve the survey process as India looks to revamp the government's statistical surveys to improve data quality. The NSC of India formed under which committee?

(a) Rangarajan

(b) Narishma

(c) Verma

(d) Khan

(e) Raghuram

20) Which news channel has introduced India's first Humanoid AI Anchor Robot “Sana”?

(a) India Today

(b) NDTV

(c) The Hindu

(d) Times Now

(e) BBC

Answers :

1) Answer: E

Utkarsh Small Finance Bank’s ₹500-crore initial public offering to be open for            subscription from July 12-14. The IPO, entirely a fresh issue of shares, will close for subscription on July 14, 2023.Minimum Bid Lot is 600 equity shares. While not less than 75% of the issue would be available for allocation to QIBs, up to 15% is reserved for non-institutional investors and the balance 10% for retail individual investors. The IPO proceeds will be used to expand the bank’s business over the next 2 years and help it become a multi-product bank.

2) Answer: E

EASF small finance bank founded in March 2017 at Thrissur, Kerala. MD & CEOas K. Paul Thomas. Tagline of the bank is Joy of Banking. ESAF Small Finance Bank Ltd,a Small Finance Bank with a focus on unbanked and under-banked customer segments, especially in rural and semi-urban areas has filed its Draft Red Herring prospectus (DRHP) with capital market regulator Securities and Exchange Board of India to raise Rs 629.04 crore through for its initial public offering (IPO).

3) Answer: D

India and the Arab world trade relations have stood the test of time and even during the COVID-19 pandemic and global geopolitical conflict it continues to grow. Addressing the 6th India- Arab partnership conference in New Delhi, Minister of State for External Affairs V. Muraleedharan said the trade between India and the Arab world stands at 240 billion dollars. India's wide-ranging partnerships with Arab countries are robust and they have traditionally enjoyed close and friendly relationships and shared cultural heritage.

4) Answer: D

The GST was launched on 1 July 2017 by the President of India and the Government of India. The meeting is being attended by Minister of State for Finance Pankaj Chaudhary, Finance Ministers of States and UTs, and Senior officials. In February this year, the 49th GST Council met under the Chairpersonship of Union Minister for Finance and Corporate Affairs Nirmala Sitharaman in New Delhi. In that meeting, the government decided to clear the entire pending balance GST compensation of 16 thousand 982 crore rupees for June 2022 to States and Union territories.

5) Answer: C

The Department of Pension & Pensioners’ Welfare (DoPPW) Bankers' Awareness Workshop is launched at the SKICC in Srinagar by Union Minister Dr. Jitendra Singh. The objective of the workshops is to spread awareness of the various rules and procedures relevant to Pension Disbursing Banks and also the steps being taken by the Government of India to ensure “Ease of Living” for Pensioners. Bankers’ Awareness workshops, on similar lines, will be conducted in collaboration with other Pension Disbursing Banks in 2023-24.

6) Answer: A

Five member expert committees have been established by the National Statistical Commission (NSC) to examine ways to enhance the survey process. To revamp the government's statistical surveys to improve data quality. These committees will give their recommendations to the NSC on issues including incorporating technology in surveys, sampling methodology, data collection process, and statistical methods. The committee will look at going beyond traditional statistical methods like averages in dealing with survey data to further improve accuracy.

7) Answer: B

The introduction of Lisa, the AI news anchor, took place at a ceremony held in Bhubaneswar, Odisha. The introduction of Lisa, the first AI anchor in Odisha's regional television broadcasting arena, signifies a new era in television journalism. It is developed by the media house in collaboration with a Mumbai, Maharashtra based startup, Lisa has the potential to speak in multiple languages. Lisa currently presents news in Odia and English on OTV's television and digital platforms.

8) Answer: B

The provisional figures of Direct Tax collections up to 9th July 2023 continue to register steady growth. Direct Tax collections up to 9th July 2023 show that gross collections are at Rs. 5.17 lakh crore which is 14.65% higher than the gross collections for the corresponding period of last year. Direct Tax collection, net of refunds, stands at Rs. 4.75 lakh crore which is 15.87% higher than the net collections for the corresponding period of last year. This collection is 26.05% of the total Budget Estimates of Direct Taxes for F.Y. 2023-24.

9) Answer: B

With high customs duty impeding sales of its imported big bikes in India, Harley-Davidson is banking on the partnership with Hero MotoCorp to offer locally-produced premium models in the country.

Harley and Hero introduced their first co-developed product in India -- Harley-Davidson X 440 -- with price starting at Rs 2.29 lakh.

The bike is being produced by Hero MotoCorp at its Neemrana-based plant.

Harley-Davidson had announced to discontinue sales and manufacturing operations in India in September 2020.

The bike is being produced by Hero MotoCorp at its Neemrana-based plant.Harley-Davidson had announced to discontinue sales and manufacturing operations in India in September 2020. Before that it had an assembly plant at Bawal in Haryana.

10) Answer: D

Atal Tinkering Labs at Bayer's production site in Vapi, Gujarat. According to

NITI Aayog, "It is critical to raise public awareness in order to fuel the manufacturingpolicy and

realize its potential." Bayer has partnered with Niti Aayog since 2021 to support various initiatives of the Atal Innovation Mission. To nurture and strengthen science-based learning, Bayer has adopted a total of 125 ATL schools in seven states. Bayer has opened its manufacturing and production plants and research centers across Vapi, Shamirpet, Chandippa, and Bangalore to the ATL students to provide first-hand exposure to experience how technology, automation, and innovation are leveraged by the industry.

11) Answer: C

Latvia currency is Euro and its capital was Riga. Edgars Rinkevics, 49 Latvia's long-serving foreign minister (from 2011 to 2023), has made history by becoming the first openly gay president of a European Union(EU) member state for a four-year term. He is the 7th president of Latvia and he succeeded EgilsLevits. The European Union never had a gay head of state before & it has had openly gay heads of governments before. Although the position of Latvia’s president is generally ceremonial, Latvia’s president can veto legislation and call referendums.

12) Answer: B

Grid Controller of India Limited (GRID-INDIA) is a division of the Ministry of Power, Government of India (GoI). As Director (System Operation) of Grid India, Porwal will be responsible for the overall secure and reliable operation of the India’s Power System, operational planning, grid integration, scheduling and dispatch of electricity, monitoring real-time electricity grid operations, post facto analysis of the grid operations through the NLDC & RLDCs as well as cyber security. Prior to his elevation, he was contributing as Executive Director, NRLDC, Grid-India.

13) Answer: E

B. NeerajaPrabhakar, the Vice-Chancellor of Sri Konda Laxman Telangana State Horticultural University, was appointed as the chairperson of the Research Advisory Committee (RAC) of the prestigious Indian Council of Agricultural Research (ICAR)-Indian Institute of Oil Palm Research (IIOPR) in Pedavegi, Andhra Pradesh (AP). She will head the 10-member committee in this position for 3 years. She has also served as a member of the Telangana Oil Palm Advisory Committee, which advises the state government on various issues for the cultivation and promotion of oil palm.

14) Answer: E

The ICAR-IIOPR in Pedavegi is the country’s sole esteemed research

Institute exclusively dedicated to the study of oil palm and the development of technologies applicable to oil palm-growing states. Indonesia is the world's biggest palm oil producer.Andhra Pradesh (AP) is the major Oil Palm growing State in India with a production capacity of 20 lakh tons. Telangana leads all Indian states in terms of the highest oil recovery rate from oil palm bunches produced.

15) Answer: B

Minnu Mani becomes Kerala's First Woman Cricketer to Play For India. AsIndia and Bangladesh women’s cricket teams were preparing for the first T20I in Mirpur, far away at Mananthavady in Kerala’s Wayanad district. Minnu finished with respectable figures of 3-0-21-1, contributing to India's effort in restricting Bangladesh to 114/5. India later secured a comfortable seven-wicket victory, chasing down the target in just 16.2 overs.Hailing from the Kurichiya tribe in Wayanad, Minnu had previously made waves by being the sole player from Kerala to participate in the Women's Premier League (WPL), where she was bought by the Delhi Capitals for a staggering Rs 30 lakh.

16) Answer: C

McCray-Penson was born on December 17, 1971 in Collierville, Tennessee, United

States (US). She played in the Women's National Basketball Association (WNBA) for eight seasons. She was part of the coaching staff that led the University of South Carolina to its first national title in 2017 under Dawn Staley & it was the first title for the women’s basketball program. Later, she served as the head coach at Old Dominion and then Mississippi State University. She was inducted into the Women's Basketball Hall of Famein 2012.

17) Answer: A

In honor of the young campaigner Malala Yousafzai, the UN has declared July

12th to be World Malala Day. On July 12, 1997, Malala Yousafzai was born in

Mingora, Pakistan. In 2007 the Taliban took over the city in which she lived and banned

girls from attending school. In 2009, Malala writes for B.B.C. Urdu where she expresses her

advocacy through the platform. In 2013, TIME Magazine declared Malala one of the world’s

most influential people. A year later, Malala was named a Nobel Peace Prize winner. Along with this prestigious honor, Malala has received the United Nations Human Rights Prize and The Liberty Medal.

18) Answer: C

PhonePe launched its Point-of-sale (POS) device that enables merchants to accept payments. The device comes preloaded with the PhonePe POS App and supports transactions through tap/swipe/dip and interoperable QR codes. With automatic batch closure and unified reconciliation, the device becomes a one-stop solution for hassle free account settlement, streamlining merchant operations. The device is offered at a nominal monthly rental, and comes with world-class product quality and service from PhonePe.

19) Answer: A

The National Statistical Commission (NSC) has constituted five expert committees to look into ways to improve the survey process as India looks to revamp the government's statistical surveys to improve data quality.

These committees will give their recommendations to the NSC on issues including incorporating technology in surveys, sampling methodology, data collection process, and statistical methods.

The committee will look at going beyond traditional statistical methods like averages in dealing with survey data to further improve accuracy.

The National Statistical Commission of India is an autonomous body which formed in June 2005 under the recommendation of the Rangarajan Commission. The NSC is currently headed by Prof. RajeevaLaxmanKarandikar who was appointed as Chairperson of the Commission on 30 Nov 2022 for a period of three years. Recently, India was overwhelmingly elected to the UN Statistical Commission, returning to the world organization’s highest statistical body after a gap of two decades in a highly competitive election

20) Answer: A

The Indian Media has entered a new era of news broadcasting with the release of India's first Humanoid AI Anchor Robot “Sana” by an Indian media group “India Today”. The launch of an AI Anchor robot at the India Today Conclave has sparked many discussions about future broadcasting, robotics and AI technology. A female AI news anchor named “Sana” was introduced to the public by a Delhi-based news channel India Today in line with Chinese artificial intelligence-powered news anchors.