Home » Daily Current Affairs Quiz – 25th July 2023

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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 25th 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) Bank of India plans share sale to meet SEBI’s minimum public holding requirement for how many percentages?

(a) 24

(b) 25

(d) 28

(e) 30

2) How much billion dollars down in India’s outward Foreign Direct Investment in H1 2023 on grim global growth prospects?

(a) 11.25

(b) 11.21

(d) 11.23

(e) 11.20

3) The Union Health and Family Welfare Minister Dr Mansukh Mandaviya introduces the National Nursing and Midwifery Commission Bill. The constituency of Health minister is _________

(a) Goa

(b) Assam

(d) Gujarat

(e) West Bengal

4) PM Narendra Modi to inaugurate ‘Semicon India 2023’ in Gandhinagar. How many days of exhibition will it be?

(a) 4

(b) 5

(d) 2

(e) 3

5) Nai Manzil Scheme has been approved with the cost of Rs.650Crores for five years by which bank?

(a) ADB

(b) RBI

(d) World Bank

(e) SIDBI

6) The Union Home Minister Amit Shah inaugurates the Aviation Security Control Centre of CISF to monitor how many civil airports currently?

(a) 65

(b) 64

(d) 68

(e) 67

7) The Union Government is implementing a Scheme for the “Development of Solar Parks and Ultra Mega Power Projects”. Under this scheme how many solar parks are sanctioned in 12 countries?

(a) 50

(b) 15

(d) 36

(e) 42

8) The Universal Postal Union (UPU) opens its first regional office in India. Where is the Headquarters of UPU located?

(a) USA

(b) Japan

(d) Thailand

(e) Switzerland

9) Piyush Goyal discussed the roadmap to achieve the target of $250 billion in textiles production and how many billion dollars in exports by 2030?

(a) 200

(b) 100

(d) 175

(e) 220

10) Which organization unveils TCRM Matrix Framework to Revolutionize Technology Assessment and drive Innovation in India?

(a) UNIDO

(b) UNCTAD

(d) NITI Aayog

(e) UN

11) Which country becomes the 2nd Quad partner to sign a semiconductor pact with India?

(a) USA

(b) Japan

(d) Thailand

(e) Switzerland

12) Tata Sons to build battery cell gigafactory in the United Kingdom for how much capacity (GW) to produce with an investment of £4 billion?

(a) 50

(b) 30

(d) 20

(e) 25

13) India has presented its candidature under Category-B to the IMO Council Elections for the Biennium 2024-25. When did India become a member in IMO?

(a) 1948

(b) 1956

(d) 1975

(e) 1959

14) Chattisgarh CM launched New Rural Housing Scheme – Gramin Awas Nyay Yojana. How many rupees crore they allocated for this scheme?

(a) 50

(b) 60

(d) 80

(e) 100

15) Which state government launched a portal for claiming electric vehicle subsidies, for customers who bought electric vehicles after October 14, 2023?

(a) Gujarat

(b) Uttar Pradesh

(d) Haryana

(e) Tamil Nadu

16) Government of Himachal Pradesh launched “Sashakt Mahila Rin Yojana for women’s empowerment for how many per cent of interest rate?

(a) 8.25

(b) 8.51

(d) 8.75

(e) 8.23

17) Which Ministry and the Indian Navy signed a MoU to revive the “ancient stitched shipbuilding method?

(a) Home Affairs

(b) Urban development

(d) External Affairs

(e) Earth Science

18) Who was appointed as MD and CEO of Invest India?

(a) Nivruti Rai

(b) Deepak Bagla

(d) C. Bhaskar

(e) P. Varshney

19) For how many years Jaguar Land Rover appoints Adrian Mardell as its CEO?

(a) 5

(b) 4

(d) 6

(e) 7

20) India hands over the missile corvette Indian Naval Ship Kirpan to Vietnam. The total capacity of INS Kirpan was ___________tonnes.

(a) 1200

(b) 1500

(d) 1300

(e) 1800

21) Soft Bank has sold an additional 2% stake in One 97 Communications, the parent of fintech major Paytm. Which country investor is Soft Bank?

(a) USA

(b) China

(d) Australia

(e) UK

22) In how many days, 18-Year-Old Anshuman Jhingran from Navi Mumbai Becomes the Youngest Person to Cross North Channel?

(a) 125

(b) 140

(d) 185

(e) 135

23) European satellites are being made to crash intentionally on Earth, which has been orbiting our planet for nearly how many years?

(a) 5

(b) 6

(d) 3

(e) 10

24) The Ocean Seven Challenge was devised in which year?

(a) 2008

(b) 2006

(d) 2010

(e) 2000

25) Recently, till June 2023 domestic coal production has increased by over how much percentage compared to the same period of the last year?

(a) 8.50

(b) 8.53

(d) 8.61

(e) 8.58

Answers :

1) Answer: B

State-owned Bank of India (BoI) is exploring the possibility of share sale to investors over the next one year to meet the minimum public holding requirement of 25%. Currently, the Government of India (GoI) holds an 81.41% stake in the Mumbai-based bank. Public sector banks have time till August 2024 for meeting the Securities and Exchange Board of India (SEBI) requirement. Post share-sale, depending on the quantum, the holding of the Government of India would come down below 75%.

2) Answer: C

According to the Reserve Bank of India (RBI) data, India’s outward Foreign Direct Investment (FDI) declined to $11.12 billion in January-June (H1 2023) from $23.57 billion in the same period last year, indicative of the slowdown in the global economy. The outward FDI expressed as the total financial commitment, has 3 components, namely equity, loan and guarantees. The sharp contraction in the commitments (outward FDI) was prominent in the April-June 2023 period.

3) Answer: D

The Union government introduced the National Nursing and Midwifery Commission Bill, 2023 in the Lok Sabha.The Bill seeks to provide for regulation and maintenance of standards of education and services by nursing and midwifery professionals. The Bill was introduced by Union Health and Family Welfare Minister Dr Mansukh Mandaviya (Constituency- Gujarat). The Minister also introduced The National Dental Commission Bill, 2023 in the Lok Sabha.

4) Answer: E

Chief Minister Bhupendra Patel will inaugurate a special exhibition for the public. The exhibition will inform about the manufacturing process of semiconductors and the progress made in this field. The exhibition will remain open from 28^th to 30th of July. The national-level event will showcase the latest technology related to semiconductors. Leading companies involved in the semiconductor sector will participate in Semicon India 2023. Students of engineering and other disciplines can learn about semiconductor manufacturing at the exhibition. They will get a great opportunity to get specialized knowledge useful for a career in this field.

5) Answer: D

The Ministry of Minority Affairs launched a Central Sector Scheme (CSS) namely Nai Manzil on 8th August 2015 with 50% funding from the World Bank, to benefit the minority youth who do not have a formal school leaving certificate, i.e., those in the category of school–dropouts or educated in community education institutions like Madrasas. The Scheme has been approved with the cost of Rs.650.00 Crore for five years with 50% funding from the World Bank. The World Bank has approved the funding of US$50 million.

6) Answer: C

It will monitor all threats and social media chatter for the 66 civil airports currently under the CISF’s security cover. The ASCC will access “24×7 real-time data monitoring and trend analysis of passengers and air traffic.” The centre will get real-time feed from each of the security operations control centres (SOCCs) operational at these 66 airports that include the “extremely busy and hyper-sensitive” civil aviation facilities in Delhi, Mumbai, Bengaluru, Jammu, Srinagar and Amritsar among others.

7) Answer: A

Under this scheme, the Government have sanctioned 50 Solar Parks with an aggregate capacity of 37,990 MW in 12 States across the country.Against this sanction, 11 Solar Parks with an aggregate capacity of 8521 MW have been completed and 7 Solar Parks with an aggregate capacity of 3985 MW have been partially completed. In these parks, solar projects of an aggregate capacity of 10,237 MW have been developed.The Solar Park Scheme currently has a timeline up to 31st March 2026.

8) Answer: E

UPU is a United Nations specialized agency and the postal sector’s primary forum for international cooperation. It was established by the Treaty of Bern, Switzerland of 1874. UPU is the second oldest international organization worldwide. The Regional Office of UPU in India will serve as a vital platform for exchanging ideas, experiences and expertise, thereby accelerating the modernization and transformation of the postal sector. India also announced a contribution of USD 2, 00,000 over a period of four years towards the UPU’s Development and Technical Assistance activities through the Asia Pacific Postal Union.

9) Answer: B

Piyush Goyal discussed the roadmap to achieve the target of $250 billion in textiles production and $100 billion in exports by 2030.India presently ranks behind China as the world’s second-largest manufacturer of textiles and garments. The textile and apparel industry represents over 4% of India’s total GDP and more than 14% of the country’s export earnings yearly, making it India’s largest manufacturing sector. In FY 2022, India’s annual textile exports stood at $44.4 billion with an increase of 41% compared to the previous year.

10) Answer: D

NITI Aayog has introduced the Techno-Commercial Readiness and Market Maturity Matrix (TCRM Matrix) framework, an innovative assessment tool aimed at transforming technology evaluation, encouraging innovation, and nurturing entrepreneurship in India.TCRM Matrix stands for Techno-Commercial Readiness and Market Maturity Matrix. It is an assessment tool designed to revolutionize technology evaluation, foster innovation, and fuel entrepreneurship in India. This framework was developed from the study of innovation from an economic perspective and looks at the increase in performance of a technology over time.

11) Answer: B

Japan has become the second Quad partner after the United States (US) to sign an agreement with India for the joint development of the semiconductor ecosystem. To bolster the resilience of the global supply chain, particularly in the crucial semiconductor industry. The first made-in-India chip under the project will be rolled out by December 2024, and annual production worth $1 billion is expected once the plant is fully operational. Japan has expressed keen interest to invest Yen five trillion, or around Rs 2.95 trillion, in India across various sectors, which includes steel, exploring new technologies and decarbonisation pathways.

12) Answer: C

Tata Sons announced its plan to establish a global battery cell gigafactory in the United Kingdom (UK) with a capacity to produce 40 Gigawatt (GW) of cells annually, at an investment of over £4 billion. The investment will deliver electric mobility and renewable energy storage for the UK and rest of Europe. The new gigafactory will be one of the largest in Europe and will create up to 4,000 highly skilled jobs, with further jobs expected to be created in the supply chain. The company’s strategic growth plans for its flexible manufacturing capacity will begin with a rapid ramp-up phase and the start of production in 2026.

13) Answer: E

India became a member of the IMO in 1959, which is the global standard-setting authority for the safety, security and environmental performance of shipping and ensures that such standards are fair and effective and are universally adopted and implemented. Category-B to the International Maritime Organisation (IMO) Council Elections for the Biennium 2024-25 at its Assembly in London. The IMO’s Category B consists of the 10 countries with the “greatest interest in international seaborne trade”. Its current members are India, Australia, Brazil, Canada, France, Germany, the Netherlands, Spain, Sweden, and the United Arab Emirates (UAE).

14) Answer: E

Chhattisgarh Chief Minister (CM) Shri Bhupesh Baghel launched an ambitious rural housing scheme named Gramin Awas Nyay Yojana.To provide affordable and quality housing to the marginalised sections of society in Chhattisgarh. Gramin Awas Nyay Yojana will be funded by the state government. The state government has allocated 100 crore rupees for the Gramin Awas Nyay Yojana 2023.It will cover poor families based on the new survey conducted by the Department of Panchayat & Rural Development. Gramin Awas Nyay Yojana is announced during the monsoon assembly session 2023.

15) Answer: B

The Uttar Pradesh (UP) government launched the subsidy portal, upevsubsidy.in, paving the way for people to apply online for the subsidy available on the purchase of electric vehicles (EVs). For buyers purchasing EVs without batteries, the subsidy amount will be 50% of the total subsidy. As of now, there is no set time limit for providing the subsidy. upevsubsidy.in. Customers who bought electric vehicles after October 14, 2023 will be eligible for claiming EV subsidy by applying for it through the portal.

16) Answer: B

The government of Himachal Pradesh (HP) has launched “Sashakt Mahila Rin Yojana”, a collateral-free loan scheme for women that will empower them.Under the scheme, the women applicants need not provide any collateral as security against the loan amount. Under the scheme, the bank offers a loan of Rs 21,000, Rs 51,000 and Rs 1,01,000 at a relatively low-interest rate of 8.51%. Himachal government has also sought immediate assistance from the centre for the losses in the state that occurred due to flash floods and landslides.

17) Answer: C

A MoU has been signed by the Ministry of Culture and the Indian Navy aims to revive the “ancient stitched shipbuilding method (Tankai method)”. 2000-year-old technique of shipbuilding known as the ‘stitched shipbuilding method’. The implementation and execution of the entire project will be overseen by the Indian Navy. The stitched ships are constructed by stitching wooden planks together rather than using nails. They are less susceptible to damage from shoals and sandbars. The art of stitching ships has persisted in a few coastal locations of India, particularly for small local fishing boats.

18) Answer: A

Nivruti Rai, the former Intel India head, joined Invest India as the Managing Director (MD) and Chief Executive Officer (CEO) of Invest India. She has taken over the charge from Manmeet K Nanda, Joint Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), who had been serving as the interim MD and CEO since March 2023.Nivruti Rai joins Invest India after an illustrious 29 years at Intel as a global business and technology leader. Rai is the recipient of the prestigious Nari Shakti Puraskar for her remarkable contributions to the field of technology.

19) Answer: C

Jaguar Land Rover (JLR), a unit of Indian automaker Tata Motors, has appointed interim boss Adrian Mardell as chief executive officer (CEO) for a three-year term. The appointment was made by Tata Motors, which owns JLR. JLR also appointed Richard Molyneux as Chief Financial Officer (CFO). Previously, Molyneux was the Acting CFO from December 12, 2022. Prior to this, Molyneux held the position of Finance Director of Operations at Jaguar Land Rover for 6 years.

20) Answer: C

INS Kirpan is an indigenously-built in-service missile Corvette. It is a Khukri class missile corvette commissioned into the Navy on January 12, 1991. It has a displacing capacity of close to 1,400 tonnes. It is capable of a speed of more than 25 knots. The Khukri class is equipped with Diesel Engines assembled in India. It performs a wide variety of roles, including coastal and offshore patrol, coastal security, surface warfare, anti-piracy, and Humanitarian Assistance and Disaster Relief (HADR) operation.

21) Answer: C

SoftBank has sold an additional 2% stake in One 97 Communications, the parent of fintech major Paytm, generating proceeds of $250 million to $300 million. This is the first time that the Japanese investor managed to sell shares of Paytm at a profit since the fintech company got listed in November 2021. In May, 2023 SoftBank had sold a 2.07% stake in Paytm through a series of open market transactions that began in February, 2023. Prior to the latest transaction, SoftBank held around 11% of the Noida-headquartered fintech company.

22) Answer: A

An 18-year-old open-water swimmer from Navi Mumbai, Anshuman Jhingran, became the youngest person to cross the North Channel.He accomplished this incredible feat in just 125 days, earning him a place in the prestigious Guinness World Records. Elvis Ali Hazarika was the first Indian to successfully cross the North Channel, adding to India’s legacy in the world of open-water swimming. Anshuman Jhingran is an open sea swimmer. He is the 114th person to cross the North Channel since 1947. He has been trained under the Chhatrapati award coach Gokul Kamath.

23) Answer: A

The European Space Agency’s (ESA) Aeolus wind satellite, after exceeding its planned life in orbit, is making its way back to Earth. The satellite, which has been orbiting our planet for nearly 5 years, is currently falling at a rate of around 1 km per day, with its descent accelerating. Now, gravity, Earth’s atmosphere, and solar activity are dragging Aeolus down from its operational altitude of 320 km. In a first-of-its-kind operation, ESA’s spacecraft operators will soon intervene and attempt an assisted re-entry. Most of the satellite will begin to burn up when it reaches an altitude of around 80 km.

24) Answer: A

The North Channel is located between Scotland and Northern Ireland. It is considered the toughest of the Ocean Seven Swims. The Ocean Seven Challenge was devised in 2008 and has since become one of the ultimate tests for open water swimmers looking to push their physical and mental limits. The Seven channels are North Channel, Cook Strait, Kaiwi Channel, English Channel, Catalina Channel, Tsugaru Strait and Strait of Gibraltar

25) Answer: C

The all-India Coal Production in the year 2022-23 stood at 893.19 Million tonnes (MT) in comparison to 565.77 MT in the year 2013-14 with a growth of about 58%. As per the current import policy, coal is kept under Open General License (OGL) and consumers are free to import coal from the source of their choice as per their contractual prices on payment of applicable duty. There is no shortage of coal in the country. During the current year till June 2023 domestic coal production has increased by over 8.51 % compared to the same period of the last year.

Daily Current Affairs Quiz – 25th July 2023

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