Home » Daily Current Affairs Quiz – 22nd July 2023

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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 22nd 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) SBI-led consortium to fund Adani Group’s ₹34,000-crore polyvinyl chloride project in Mundra. What is the fund amount raised bythe public sector bank for first phase of this project?

(a) Rs.15000 crores

(b) Rs.14000 crores

(d) Rs.14500 crores

(e) Rs.13500 crores

2) The Universal Postal Union (UPU) to evaluate UPI platform for cross-border remittances using global postal network. Where is the Headquarters of UPU?

(a) Moscow

(b) Oslo

(d) Bern

(e) Dhaka

3) Which of the following statement is true about ESAF Small Finance Bank scores high in ESG assessment?

(a) ESAF Small Finance Bank has achieved a high score of 72

(b) The industry average of 56.8 the Bank has showcased

(d) For the social pillar, the Bank achieved a score of 66%

(e) For the governance pillar, the bank achieved a score of 79%

4) In July 2023, the Reserve Bank of India’s (RBI) Monetary Policy Committee projected GDP growth of 2023-24 by how much percent?

(a) 6.3

(b) 4.5

(d) 6.8

(e) 5.8

5) How many firms to provide transaction advisory services for asset monetization of Central Public Sector Enterprises?

(a) 10

(b) 8

(d) 11

(e) 12

6) Who has inaugurated a National Mega Conclave on the launching of Common Services Centre (CSC) services by Primary Agricultural Credit Societies (PACS) in New Delhi?

(a) Piyush Goyal

(b) Sarbananda Sonowal

(d) Narendra Singh Tomar

(e) Nirmala Sitharaman

7) How many delegates in total are participating in the India-ASEAN Traditional Medicines Conference was conducted in New Delhi?

(a) 75

(b) 76

(d) 73

(e) 72

8) The Central government had approved Market Development Assistance of how much (per Metric Tonne) to promote organic fertilizers?

(a) Rs.1800

(b) Rs.1600

(d) Rs.1400

(e) Rs.1200

9) Which state government gave Final Nod to Adani for Dharavi Slum Redevelopment Project?

(a) West Bengal

(b) Maharashtra

(d) Madhya Pradesh

(e) Gujarat

10) India’s coal sector achieved a remarkable milestone in the first quarter of FY 2023-24, by recording the highest-ever coal production at how many million tonnes?

(a) 205.76

(b) 226.73

(d) 159.75

(e) 210.75

11) The index of mineral production of the month of April 2023 at _______, is 5.1% higher as compared to the level during the month of April 2022.

(a) 123.5

(b) 120.5

(d) 121.5

(e) 124.5

12) The Adani Group is constructing the largest hybrid renewable energy park in the world at which state?

(a) Kerala

(b) Himachal Pradesh

(d) Manipur

(e) Gujarat

13) Adani Ports and Special Economic Zone (APSEZ) will commission India’s largest transhipment hub in______________

(a) Kerala

(b) Himachal Pradesh

(d) Manipur

(e) Gujarat

14) An agreement was made between the Ministry of Culture and which Bank to make it easier to give veteran artists financial support?

(a) Axis Bank

(b) SBI

(d) Indian bank

(e) BOI

15) Which Bank ties up with TAFE, TMTL for tractor financing?

(a) Axis Bank

(b) SBI

(d) Indian bank

(e) BOI

16) The Central government appoints Haryana IPS officer Manoj Yadava as Director General of Railway Protection Force. He will serve in his new position till his retirement up to which year?

(a) 2024

(b) 2025

(d) 2028

(e) 2027

17) Longest-serving Dutch PM Mark Rutte quits politics after how many years?

(a) 15

(b) 14

(d) 13

(e) 16

18) INS Sahyadri and INS Kolkata arrive at Jakarta, Indonesia for Bilateral Maritime Exercise. INS Sahyadri is the _____ indigenously designed.

(a) 2

(b) 3

(d) 5

(e) 1

19) World Brain Day is celebrated on____________

(a) July 21

(b) July 22

(d) July 23

(e) July 24

20) Where is Velavadar National park located?

(a) Karnataka

(b) Kerala

(d) Jammu & Kashmir

(e) Telangana

Answers :

1) Answer: D

In one of the largest fundraising by the Adani Group from Indian banks since the allegations by Hindenburg Research, a State Bank of India (SBI)-led consortium of banks has agreed to finance a significant part of the Adani Group’s ₹34,000-crore polyvinyl chloride (PVC) project in Mundra. The funding for the first phase of the project will be taken by the public sector banks (PSBs) which will pick up the bulk of the tab of around ₹14,500 crore. The remaining amount will be financed by private lenders.

2) Answer: D

In 9 October 1874; Headquarters at Bern, Switzerland; Director General : Masahiko Metoki. It is a United Nations specialised agency and the postal sector’s primary forum for international cooperation. UPU is the second oldest international organisation worldwide. India joined the UPU in 1876. The organization consists of 4 bodies: Congress, the Council of Administration (CA), the Postal Operations Council (POC), and the International Bureau (IB). It also oversees the Telematics and Express Mail Service (EMS) cooperatives.

3) Answer: C

ESAF Small Finance Bank has achieved a high score of 71 in an Environmental, social, and corporate governance (ESG) assessment conducted by CareEdge Research. By surpassing the industry average of 59.8 the Bank. For the environmental pillar, the bank achieved a score of 62%. For the social pillar, the Bank achieved a score of 68%. For the governance pillar, the bank achieved a score of 76% due to its board governance and disclosure practices.

4) Answer: C

The Asian Development Bank (ADB) retained India’s economic growth forecast at 6.4% for the current financial year (FY2023) and 6.7% for the next financial year (FY2024). This comes after the Reserve Bank of India’s (RBI) Monetary Policy Committee projected GDP growth of 2023-24 at 6.5%. The real GDP growth for 2022-23 fiscal ended March 2023 was recorded at 7.2%. China has been pegged to grow at 5% this year and 4.5% the next year. Growth in Southeast Asia is now expected at 4.6% this year and 4.9% next year.

5) Answer: D

Asset monetisation of Central Public Sector Enterprises (CPSEs), the Centre has empanelled 11 firms to provide consultancy services. Monetisation is key to disinvestment where non-core assets are taken out and sold or leased out separately for better valuation. The selected firms will assist NLMC in “formulating the monetisation strategy, conducting techno-economic feasibility studies of each of the assets and provide end to end transaction advisory services and ensure completion of transactions for monetisation of the assets. Interestingly, the Union Budget for FY24 is silent on monetisation.

6) Answer: C

Union Home Minister and Minister of Cooperation, Shri Amit Shah inaugurated a National Mega Conclave on the launching of Common Services Centre (CSC) services by Primary Agricultural Credit Societies (PACS) in New Delhi.The PACS are not strong, the cooperative movement cannot be strengthened.

Therefore, the government has decided to computerize the PACS to make them transparent. Shri Shah said that within 20 days of the formation of the Ministry of Cooperation, Prime Minister Shri Narendra Modi provided Rs. 2,500 crores for the computerization of PACS, due to which 65,000 PACS are being computerized.

7) Answer: A

The Ministry of Ayush, in association with the Ministry of External Affairs and the Indian Mission to ASEAN organized a conference of India and the Association of South East Asian Nations (ASEAN) on traditional medicines at New Delhi. A total of 75 delegates from India and ASEAN including two ASEAN countries participating through virtual mode, were a part of this prestigious conference. The Conference was divided into sessions with experts of Traditional Medicine from India and ASEAN sharing about the research they have done and other initiatives taken in protecting people from Covid. The second session dealt with knowledge sharing on regulatory frameworks, quality control measures, and integration of traditional medicine into healthcare systems.

8) Answer: C

Minister of State for Chemical and Fertilizers Bhagwanth Khuba informed the Lok Sabha that the Centre has approved the Market Development Assistance, MDA of 1500 rupees per metric tonne to promote organic fertilizers.Indian Council of Agricultural Research conducts research to test and develop organic inputs for different crops. It also promotes these products among the stakeholders through the network of Krishi Vigyan Kendras. The manure is produced at plants under the GOBARdhan initiative, PM Programme for Restoration, Awareness Generation, Nourishment and Amelioration of Mother Earth, PM-PRANAM and Sulphur Coated Urea also known as Urea Gold.

9) Answer: B

The Government of Maharashtra has approved the Adani group’s proposal to rehabilitate residents of Mumbai’s 590-acre Dharavi locality, home to over 900,000 Indians, almost 8 months after the conglomerate won a tender to develop India’s largest slum. As an equity partner of the project, spread over 240.35 hectares, the state government has allocated ₹100 crore from its kitty, while Adani group will spend ₹400 crore as the project’s chief partner.

10) Answer: C

India’s coal sector achieved a remarkable milestone in the first quarter of FY 2023-24, by recording the highest-ever coal production at 223.36 million tonnes (MT), representing a substantial growth of 8.55% compared to the production of 205.76 MT during the same period during FY 2022-23.Coal India Limited (CIL) registered 175.48 MT production between April and June 2023, marking a commendable growth rate of 9.85% in comparison to 159.75 MT during the corresponding period of the previous year. Coal India Limited (CIL) is a Maharatna Central public sector undertaking under the ownership of the Ministry of Coal.

11) Answer: C

The index of mineral production of the mining and quarrying sector for the month of April 2023 (Base: 2011-12=100) at 122.5, is 5.1% higher as compared to the level during the month of April 2022.As per the provisional statistics of the Indian Bureau of Mines (IBM), the cumulative growth for the period April- April 2022-23 over the corresponding period of the previous year is 5.8 per cent.

12) Answer: E

The Adani Group is building the world’s largest hybrid renewable energy park right in the middle of a desert, in Khavda, Gujarat.The announcement was made by the founder and chairman of the group, Gautam Adani while addressing shareholders at Adani Enterprises’ annual general meeting. Spread over 72,000 acres, the park will produce 20 GW of green energy, once operational. The project will be developed by Adani Green Energy Limited (AGEL), the renewable energy arm of the diversified Adani portfolio.

13) Answer: A

Adani said Adani Ports and Special Economic Zone (APSEZ) will commission India’s largest transhipment hub in Vizhinjam, Kerala, in the next 12-24 months. The port, a transhipment deepwater multipurpose seaport, is being constructed at an estimated cost of Rs 7,700 crore. APSEZ will also commission a port in Colombo. Separately, APSEZ — aiming to become the world’s largest port operator — intends to boost cargo volumes at its ports to 1 billion tonnes a year by 2030. The firm intends to develop the industrial hinterland across some of its ports by working closely with state governments.

14) Answer: C

A MoU has been signed between the Ministry of Culture and Canara Bank for the disbursal of financial assistance to the selected beneficiaries under the “Scheme for Financial Assistance for Veteran Artists” earlier known as “Scheme for Pension and Medical Aid to Artists”.As per the MoU, master data of selected beneficiaries both for fresh as well as legacy data is to be uploaded by the Ministry in the online portal to be developed by the Canara Bank for this purpose. Based on the scheme guidelines Canara Bank is required to work out the quarterly requirement of funds and raise the demand for the same to the Ministry.

15) Answer: D

Indian Bank has partnered with TAFE (Tractors and Farm Equipment) and its wholly-owned subsidiary TMTL (TAFE Motors and Tractors Ltd.) for tractor financing.The tie-up would allow farmers and individuals to avail ttractor loans at affordable interest rates, with the benefit of hassle-free loan processing, the public sector lender said in a statement. Interested buyers can avail of tractor financing benefits from more than 5,700 branches. TAFE (Tractors and Farm Equipment Limited) is a renowned tractor manufacturer in India, offering a comprehensive range of tractors and agricultural machinery.

16) Answer: B

The Union government has appointed Haryana cadre 1988 batch Indian Police Service (IPS) officer Manoj Yadava as next Director General of the Railway Protection Force (RPF).He will replace incumbent Sanjay Chander, a 1987-batch IPS officer of West Bengal cadre who will retire on July 31, 2023. Manoj Yadava will serve in his new posting till his retirement i.e. up to July 31, 2025.Currently, he is serving as DG, National Human Rights Commission (NHRC).

17) Answer: D

Dutch Prime Minister Mark Rutte announced he was quitting politics after nearly 13 years in power, in a shock end to his time as the longest-serving leader in the history of the Netherlands. He served as the State Secretary for Education, Culture and Science in 2006. He was appointed as the leader of the VVD parliamentary party from June 2006 to October 2010.In August, 2022 Mark Rutte, became the longest-serving Prime Minister in Dutch history. He is fondly known as “Teflon Mark,” as scandals didn’t stick to him.

18) Answer: B

Two frontline Indian Naval ships (INS) Sahyadri and INS Kolkata arrived in Indonesia’s Jakarta, Indonesia to participate in the Maritime Partnership Exercise (MPX) with the Indonesian Navy. INS Sahyadri is the 3rd indigenously designed and built Project-17 class stealth frigate. INS Kolkata is the first indigenously designed and built Project-15A class stealth destroyer. INS Sahyadri and INS Kolkata have been built at Mazagon Dock Shipbuilders Ltd, Mumbai, Maharashtra.

19) Answer: B

Every year on July 22nd World Brain Day is celebrated by people worldwide to prevent brain disabilities and treat and rehabilitate them.World Brain Day’s 2023 theme is “Brain Health and Disability: Leave No One Behind.” World Brain Day 2023 was discovered by the World Federation of Neurology for the first time. This World Federation of Neurology is now one of the leading promoters of brain health and neurology research worldwide. The idea of observing the 22nd of July as “World Brain Day” originated from a proposal put forth by the Public Awareness and Advocacy Committee.

20) Answer: C

About Gujarat: Governor: Acharya Devvrat. Minister: Bhupendrabhai Patel. Capital: Gandhinagar. National Park: Vansda National Park, Gir National Park, Marine National Park, Velavadar National Park . Wildlife Sanctuaries: Jambughoda Wildlife Sanctuary, Barda Wildlife Sanctuary, Shoolpaneshwar Wildlife Sanctuary

Daily Current Affairs Quiz – 22nd July 2023

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