Daily Current Affairs Quiz - 28th July 2023

Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 28th 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 bank’slending to State-run public sector enterprises and corporations alone accounted for over 45% of the total lending of all PSB?

(a) PNB

(b) Canara Bank

(c) SBI

(d) IOB

(e) BOB


2)
The Reserve Bank of India (RBI) has permitted how many banks operating in the country to open 92 Special Rupee Vostro Accounts (SRVAs)?

(a) 20

(b) 21

(c) 22

(d) 24

(e) 25


3) Which bank and
FIFA Women’s World Cup has launched a unique NR savings account plan designed exclusively for Non-Resident Indian (NRI) women?

(a) Axis bank

(b) HDFC

(c) ICICI bank

(d) Federal bank

(e) IDBI


4) Union Bank of India Collaborates with which organization in India to co-create a Digital Business Platform?

(a) Wipro

(b) TCS

(c) HCL

(d) IBM

(e) Tech Mahindra


5)
Bajaj Finserv Asset Management launched its first equity scheme. The minimum subscription amount on the new fund offer is ________

(a) 500

(b) 100

(c) 300

(d) 1000

(e) 250


6) SEBI issues consultation paper on cyber security & resilience framework. This framework is based on how many concurrent?

(a) 4

(b) 3

(c) 5

(d) 6

(e) 8


7) In which state, Narendra Modi laid the foundation stone and dedicated to the nation's more than 1.25 lakh for various development projects?

(a) Sikkim

(b) Rajasthan

(c) Gujarat

(d) Maharashtra

(e) West Bengal


8) TRAI releases Telecom Regulatory Authority of India Repealing Regulations, 2023. Where is
the headquarters of TRAI?

(a) Tamil Nadu

(b) Karnataka

(c) Maharashtra

(d) Madhya Pradesh

(e) New Delhi


9) In how many locations, the Army Postal Service Corps has opened its first Permanent Aadhaar Enrolment Centre?

(a) 48

(b) 49

(c) 47

(d) 45

(e) 46


10) In which state, the Minister of Environment is launching a circular economy Industry coalition?

(a) Tamil Nadu

(b) Karnataka

(c) Maharashtra

(d) Madhya Pradesh

(e) New Delhi


11) In which IIT campus is Chintan Shivir to strengthen the interaction between Common Research and Technology Development Hubs-CRTDHs and MSMEs?

(a) Delhi

(b) Madras

(c) Bombay

(d) Kharagpur

(e) Kanpur


12) Narendra Modi inaugurated the International Exhibition-cum-Convention Centre (IECC)
complex in New Delhi. How much total cost fora national project (in crores)?

(a) 2600

(b) 2500

(c) 2700

(d) 2100

(e) 2300


13) ‘Pradhan Mantri Vanbandhu KalyanYojana scheme has been approved for implementation during 2021-22 to 2025-26 with a total cost of how much rupees (in crores)?

(a) 12534.64

(b) 21645.43

(c) 26135.46

(d) 23456.85

(e) 25412.32


14) Sarbananda Sonowal has initiated a campaign to develop how many iconic lighthouses in India into tourism spots?

(a) 72

(b) 74

(c) 75

(d) 60

(e) 78


15) The Central government had announced to set up seven mega textile parks under the PM MITRA scheme with a total investment of how many crores?

(a) 12000

(b) 15000

(c) 10000

(d) 20000

(e) 16000


16)
In February 2024,the World Trade Organisation’s (WTO’s) 13th Ministerial Conference (MC13) will be held in which country?

(a) USA

(b) China

(c) UAE

(d) Italy

(e) France


17) Which Union Territory has got its 1st women’s police station?

(a) Ladakh

(b) Chandigarh

(c) Lakshadweep

(d) Daman

(e) Andaman


18) Iceland is the world's most peaceful country according to the 2023 Global Peace Index. What is India’s rank out of 163 countries?

(a) 124

(b) 125

(c) 126

(d) 128

(e) 130


19) BRICS’ New Development Bank elects Thuraiya Alhashmi as a board member. Which
country is the new member of BRICS new development bank?

(a) Russia

(b) UAE

(c) Bangladesh

(d) South Africa

(e) Egypt


20) World Nature Conservation Day celebrated every year on ___________

(a) July 27

(b) July 29

(c) June 26

(d) July 28

(e) July 25


Answers :

1) Answer: B

Canara Bank topped the list of public sector banks (PSBs) with the highest lending to corporations and public sector undertakings (PSUs) of States and Union Territories (UTs) for the 5th year in a row. Canara Bank’s lending to State-run public sector enterprises and corporations alone accounted for over 45% of the total lending of all PSBs. According to government data, Canara Bank led the lending to government-backed entities, with a total disbursement of ₹187,813 crore in FY23. The Lending amount was 11% higher than ₹1, 69,532 crore the state-run bank lent to government entities.


2) Answer: A

The Reserve Bank of India (RBI) has permitted 20 banks operating in the country to open 92 Special Rupee Vostro Accounts (SRVAs) of partner banks from 22 countries as part of efforts to promote bilateral trade in local currencies. To promote bilateral trade in local currencies. As on July 23, 20 banks in India have been permitted to open SRVAs of partner banks from 22 countries, including Bangladesh, Belarus, Botswana, Fiji, Germany, Guyana, Israel, Kazakhstan, Kenya, Malaysia, Maldives, Mauritius, Myanmar, New Zealand, Oman, Russia, Seychelles, Singapore, Sri Lanka, Tanzania, Uganda, and United Kingdom (UK).


3) Answer: D

FIFA Women’s World Cup, Federal Bank has launched a unique NR savings account plan designed exclusively for Non-Resident Indian (NRI) women. This scheme, known as NRE Eve+, has been designed to meet the specific financial needs of NRI women. With NRE Eve+, account customers get free access to domestic and international airport lounges, providing a seamless and luxurious travel experience. Balance savings accounts are available for two children below 12 years of age. Complimentary insurance coverage is available up to ₹78 Lakh, including child education benefits, accidental death, hospital cash, and card protection.


4) Answer: D

Indian public sector bank Union Bank of India (UBI) has partnered with technology company IBM India Private Limited to co-create a state-of-the-art Digital Business Platform. The development is part of Union Bank's future-ready and customer-centric approach with its ambitious Digital Transformation initiative. The introduction of an omni-channel experience ensures that customers have the flexibility to engage with the bank through various channels, including mobile, online, and in-branch. This multi-dimensional approach enables users to access their accounts anytime, anywhere, ensuring unparalleled convenience.


5) Answer: A

Bajaj Finserv Flexi Cap Fund is an open-ended equity scheme which will invest across large-cap, mid-cap, and small-cap stocks. The minimum subscription amount during the NFO is Rs 500, and after that, in multiple of Re. 1. The scheme will follow the “InQuBe” investment philosophy, a proprietary framework that adds a “layer of behavioural finance to the informational and quantitative edges”. The scheme is being managed by Chief Investment Officer Nimesh Chandan, Senior Fund Manager, Sorbh Gupta (Equity portion) and Siddharth Chaudhary (Debt portion).


6) Answer: C

The Securities and Exchange Board of India (SEBI) came out with a consultation paper on boosting the cyber security framework for entities regulated by it. The consultation paper on 'Consolidated Cyber Security and Cyber Resilience Framework (CSCRF) for SEBI Regulated Entities (RES)' looks at providing a common structure for multiple approaches to cyber security to prevent any cyberrisks and incidents. The framework is based on 5 concurrent and continuous functions of cyber security as defined by the National Institute of Standards and Technology (NIST) - Identify, Protect, Detect, Respond, and Recover.


7) Answer: B

The Prime Minister, Shri Narendra Modi laid the foundation stone and dedicated to the nation's various development projects in Sikar, Rajasthan. The projects include dedicating to the nation more than 1.25 lakh PM Kisan Samriddhi Kendras (PMKSKs), launching Urea Gold - a new variety of Urea coated with Sulphur, onboarding 1600 Farmer Producer Organisations (FPOs) on Open Network for Digital Commerce (ONDC), releasing 14th instalment amount of about Rs 17,000 crores under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) to 8.5 crore beneficiaries.


8) Answer: E

Headquarter of Telecom Regulatory Authority of India (TRAI) New Delhi. It issued Telecom Regulatory Authority of India Repealing Regulations, 2023 (02 of 2023) dated July 25, 2023, to repeal the Regulation on quality of service of dial-up and leased line internet access service, 2001 (4 of 2001) with effect from the date of its notification in Official Gazette. This regulation applied to all the Basic Service Operators and Internet Service Providers, including the incumbent operator’s viz. BSNL, MTNL and VSNL.


9) Answer: A

Army Postal Service Corps inaugurated the first Permanent Aadhaar Enrolment Centre-PAEC at Central Base Post Office in New Delhi. Ministry of Communications said in a statement that this initiative will facilitate Aadhaar-related services for tri-services personnel and their dependents through their Field Post Offices in 48 identified locations across the country. The Department of Posts and UIDAI have supported the establishment of these PAECs in terms of training, equipment and tech support. These 48PAECs will be functional in both Field and Peace locations.


10) Answer: A

The Resource Efficiency and Circular Economy Industry Coalition (RECEIC) is set to be launched at the side event during the 4th Environment and Climate Sustainability Working Group and Environment and Climate Ministers meeting in Chennai, Tamil Nadu. Conceptualized under India's G20 Presidency, RECEIC is an industry-driven initiative aimed at promoting resource efficiency and circular economy practices globally. RECEIC aims to facilitate knowledge-sharing, best practice sharing, and sustainable practices among the participating industries. The coalition has three guiding principles – Partnerships for impact, Technology Cooperation and Finance for scale.


11) Answer: D

The Ministry of Science and Technology will organize a one-day Chintan Shivir to strengthen the interaction between Common Research and Technology Development Hubs-CRTDHs and MSMEs at the Indian Institute of Technology-IIT, Kharagpur. During the event, interactive sessions will be held with key stakeholders to come up with possible solutions for the challenges faced by MSMEs, startups, and innovators across the country. The ministry in a statement said that the Department of Scientific and Industrial Research-DSIR has planned to organize the Chintan Shivir at all the 18 Common Research and Technology Development Hubs established by DSIR.


12) Answer: C

The Prime Minister, Shri Narendra Modi inaugurated the International Exhibition-cum-Convention Centre (IECC) complex at Pragati Maidan in New Delhi. He also unveiled the G-20 coin and G-20 stamp. The Prime Minister also witnessed the naming ceremony of the Convention Centre as ‘Bharat Mandapam’ carried out via drone and a cultural program that was showcased on the occasion. Visioned by the Prime Minister and developed as a national project at a cost of about Rs 2700 crores.


13) Answer: C

Ministry of Tribal Affairs is implementing ‘Pradhan Mantri Vanbandhu KalyanYojana (PMVKY)’ which includes many schemes for the development and welfare of tribal communities.The scheme has been approved for implementation during 2021-22 to 2025-26 with a total cost of Rs. 26135.46 crores. The PMVKY is aimed at holistic development of tribal communities and tribal areas across the country focussing on integrated development of villages and capacity building through interventions in education and livelihood in convergence with State and Central TSP funds.

14) Answer: C

The Union Minister of Ports, Shipping & Waterways and Ayush, Shri Sarbananda Sonowal launched a campaign to transform 75 historic Lighthouses into Tourism Spots when he inaugurated three revamped lighthouses in Dwarka, Gopnath & Veraval that were transformed as tourist destinations at Dwarka, Gujarat. The historic lighthouses were renovated with adequate facilities to act as tourist spots. This marks the beginning of the campaign by the Ministry of Ports, Shipping & Waterways (MoPSW) to transform 75 historic lighthouses across India into tourism spots.


15) Answer: C

The Centre had announced to set up seven mega textile parks under PM Mega Integrated Textile Regions and Apparel (PM MITRA) scheme for 10000 cr investment. Prime Minister Narendra Modi lauded the setting up of PM Mega Integrated Textile Sector and Apparel (PM MITRA) textiles park in Uttar Pradesh's Lucknow and Hardoi districts. The Minister for medium, small and micro enterprises (MSME) Rakesh Sachan stated this at the inaugural event of the two-day ‘Uttar Pradesh MSME Conference 2023’ being organised by the Associated Chambers of Commerce and Industry of India (ASSOCHAM). The project will be supported by road networks, 24x7 power and water supply, a warehousing facility and effluent treatment plants.


16) Answer: C

United Arab Emirates (UAE) Minister for Foreign Trade Dr Thani Al Zeyoudi has been elected as the chair of the World Trade Organisation’s (WTO’s) 13th Ministerial Conference (MC13) that will be held in Abu Dhabi,United Arab Emirates (UAE) in February 2024. The announcement was made during a meeting with WTO director-general Ngozi Okonjo-Iweala at the WTO General Council in Geneva, Switzerland. The conference will be attended by representatives from 164 countries and will involve reviewing the trading system's performance and making decisions on future work.


17) Answer: A

In a significant step towards empowering women and ensuring their safety and security, the Ladakh Police Department inaugurated the first-ever Women Police Station in Kargil district. To foster trust and cooperation between women and law enforcement, ultimately leading to a safer and more secure environment for all residents of Kargil. It will play a pivotal role in addressing the unique concerns and challenges faced by women in the area. The inauguration of the Women Police Station in Kargil is a significant step towards creating a more inclusive and secure society.


18) Answer: C

The Institute for Economics and Peace has released the 2023 Global Peace Index, which ranks the most peaceful countries in the world. This is the 17th edition of the annual report, which is considered the leading measure of peacefulness worldwide. Out of 163 countries, India's rank on the Global Peace Index is 126, with an overall score of 2.31, which is below the global average of 2.314. Additionally, Europe has a strong reputation for peace, with seven out of the top 10 peaceful countries located on the continent.


19) Answer: E

Egypt Becomes a Member Of The BRICS New Development Bank.BRICS’ New Development Bank (NDB) has elected Thuraiya Hamid Alhashmi, Director of International Financial Relations and Organizations Department at the UAE Ministry of Finance, as a member of its Board of Directors and a Constituency Director. She was appointed following an internal voting process during NDB’s 8th Annual Meeting, held recently in Shanghai, China. Thuraiya Alhashmi will become the first Emirati and Arab woman to assume a Director’s position at the New Development Bank.


20) Answer: D

On July 28th, World Nature Conservation Day 2023 is celebrated and observed all over the world as an awareness program to conserve Nature. The theme of World Nature Conservation Day 2023 is “Forests and Livelihoods: Sustaining People and Planet”. In 2018, The E.U. completely restricted the outdoor use of three neonicotinoids (a type of pesticide). Between 1995 — 1996, Thirty-one grey wolves from western Canada were released into Yellowstone National Park, 40 years after they were wiped out by people.

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