Home » Daily Current Affairs Quiz – 20th July 2023

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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 20th 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) The Reserve Bank of India released a notification addressing all banks regarding the inclusion of “NongHyup Bank”in the Second Schedule of the RBI Act, 1934. Where is the headquarters of NongHyup?

(a) China

(b) Japan

(d) South Korea

(e) Canada

2) How many months campaign of ‘Project PNB PALAASH’ launched by PNB for environmental sustainability?

(a) 7

(b) 6

(d) 9

(e) 5

3) HDFC Bank Enters $100 Billion Market-Cap List & Becomes world’s 7th Largest Global Lender. Which bank top in the list?

(a) Bank of America

(b) HSBC

(d) Morgan Stanley

(e) Bank of China

4) How much amount has the US International Development Finance Corporation provided to IIFL Home Finance?

(a) $40 million

(b) $50 million

(d) $30million

(e) $65million

5) The Financial Services Institutions Bureau (FSIB) has recommended how many candidates for ED positions in public sector banks?

(a) 14

(b) 16

(d) 18

(e) 11

6) Where will the Global Food Regulators Summit be launched in 2023 by the Union Minister of Health Dr Mansukh Mandaviya?

(a) Assam

(b) Goa

(d) New Delhi

(e) West Bengal

7) A ministerial meeting of India and which country’s Strategic Clean Energy Partnership was conducted in New Delhi?

(a) France

(b) Canada

(d) UK

(e) Japan

8) Amit Shah will inaugurate a ‘National Seminar on the Delivery of services through PACS at Vigyan Bhawan, New Delhi. Expand “C” in PACS?

(a) Credit

(b) Company

(d) Consume

(e) Chain

9) The G20 Agriculture Working Group’s International Symposium on Sustainable Livestock Transformation is launched by the Union Minister Shri Parshottam Rupala. He belongs to which constituency?

(a) Abdasa

(b) Mandvi

(d) Bhuju

(e) Surat

10) Shri Sarbananda Sonowal launches Curtain Raiser of Global Maritime India Summit, 2023. Where did it launch?

(a) Mumbai

(b) Ahmedabad

(d) Hyderabad

(e) Bengaluru

11) Which organization is the industry partner for Global Maritime India Summit (GIMS) 2023?

(a) IMO

(b) FICCI

(d) MSME

(e) ITO

12) The International Energy Agency (IEA) in collaboration with the Petroleum Planning and Analysis Cell (PPAC) launched the Oil 2023. India targeted 20% ethanol blending in which year?

(a) 2024

(b) 2025

(d) 2035

(e) 2050

13) Which country is one of the world’s biggest exporters of food grains, such as wheat and corn?

(a) Afghanistan

(b) Russia

(d) China

(e) Japan

14) UNDP India partners with Absolute Foods to promote innovation & digitalization of Pradhan Mantri Fasal Bima Yojana. Who is the CEO of Absolute Foods?

(a) Achem Stiner

(b) Mikhail

(d) Faith Briol

(e) Anand Kumar

15) Adani Group commissioned India’s 1st transnational power project to supply electricity to which country?

(a) Ukraine

(b) Bangladesh

(d) Iran

(e) Pakistan

16) Where was the Economic Times (ET) HR World future skill award 2023 programme held?

(a) Gujarat

(b) New Delhi

(d) Haryana

(e) Goa

17) Asian Development Bank (ADB) retained India’s economic growth forecast at how much per cent for next year?

(a) 6.5

(b) 6.6

(d) 6.7

(e) 6.4

18) Who is the MD and CEO of SBI Capital Market Limited?

(a) Alok Kumar

(b) Ajay Kumar

(d) Rajesh Kumar Sinha

(e) Ashwini Kumar

19) The Commonwealth Games won’t be held in Victoria, Australia, in 2026. It will be a how many days sporting event?

(a) 10

(b) 15

(d) 11

(e) 13

20) Indian Shuttler Satwiksairaj Rankireddy sets Guinness world record for fastest badminton shot. How much km/hr he knocked during the game?

(a) 465

(b) 565

(d) 365

(e) 576

21) Former Kerala chief minister and Congress veteran Oommen Chandy Passed away. When did he receive the United Nations Public Service Award ?

(a) 2012

(b) 2020

(d) 2016

(e) 2013

22) World Chess Day is globally celebrated on July 20th every year to mark the date of the establishment of the International Chess Federation (FIDE). Where is the Headquarters of FIDE?

(a) Washington DC

(b) Bonn

(d) Lausanne

(e) Basel

23) International Moon Day is celebrated every year on July 20^th. In which year was first Moon Day celebrated?

(a) 2015

(b) 2018

(d) 2010

(e) 2022

24) How many member countries are there in the Asian Development Bank (ADB)?

(a) 65

(b) 70

(d) 68

(e) 66

25) Bhinda was wildlife sanctuary located in____________

(a) Gujarat

(b) Mizoram

(d) Haryana

(e) Manipur

Answers :

1) Answer: D

NongHyup Bank (formerly National Agricultural Cooperative Federation) is a commercial bank in Seoul, South Korea. The Reserve Bank of India (RBI) has released a notification addressing all banks regarding the inclusion of “NongHyup Bank” in the Second Schedule of the RBI Act, 1934. This notification informs banks about the recent addition of NongHyup Bank to the regulated list.

2) Answer: C

Punjab National Bank (PNB) launched its environmental initiative ‘PNB Palaash’, an 8-month period campaign to embrace sustainability. The campaign would lead to cost savings and operational efficiencies through measures such as energy and resource conservation, paper reduction, waste management and streamlined digital processes. To actively contribute to conservation endeavours, foster the adoption of sustainable practices, and promote active employee engagement. Under this initiative, 1 lakh plus employees of PNB will plant a minimum of two saplings each.

3) Answer: C

Private lender HDFC Bank entered the coveted $100 billion market-cap club becoming the 7th largest global lender. The HDFC bank’s market capitalization reached $151 billion, surpassing that of Morgan Stanley and Bank of China.JP Morgan Chase 438 capitalization. The league table of the world’s most valuable banks is topped by two US banks – JP Morgan Chase ($438 billion) and Bank of America ($232 billion). China’s Industrial and Commercial Bank of China (ICBC) and Agricultural Bank of China occupy 3rd and the 4th place.

4) Answer: B

IIFL Home Finance Ltd (IIFLHFL), a digital-first home finance company, has secured a $50 million loan from US International Development Finance Corporation (DFC). The proceeds of the loan will be used to finance affordable home loans with a special focus on sustainable housing. IIFLHFL caters to the diverse financial needs of the economically weaker sections (EWS) and lower income groups (LIG) through its pan India distribution network across Tier 1, 2, 3 and 4 cities and towns.

5) Answer: B

The Financial Services Institutions Bureau (FSIB) has recommended 16 candidates for the position of executive directors (EDs) in public sector banks (PSBs) for FY24. FSIB interviewed 72 candidates from various public sector banks between July 1 and July 15, 2023. India currently has 12 public sector banks: Bank of Baroda, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Indian Bank, Indian Overseas Bank, Punjab & Sind Bank, Punjab National Bank, State Bank of India, UCO Bank, and Union Bank of India.

6) Answer: D

Union Health Minister Dr Mansukh Mandaviya will inaugurate the Global Food Regulators Summit 2023 in New Delhi.The two-day summit is aimed at creating a global platform for regulators on enhancing food safety systems and regulatory frameworks through collaboration. It will provide an opportunity to exchange knowledge and strategies for ensuring safe food throughout the food value chain. The event will have several technical sessions including on global regulatory framework, challenges and solutions for global food safety and impact of animal feed on food safety and human health.

7) Answer: C

The Ministerial meeting of the U.S.-India Strategic Clean Energy Partnership (SCEP) was held between Petroleum and Natural Gas Minister Hardeep Singh Puri and U.S. Energy Secretary Jennifer Granholm in New Delhi. During the meeting, they noted the growing importance of bilateral energy cooperation between the countries. During the meeting, the two sides renewed their commitment to work towards a just, orderly, and sustainable energy transition, which prioritizes access to reliable, affordable, and clean energy supply.

8) Answer: A

Union Home Minister and Minister of Cooperation Shri Amit Shah will inaugurate a ‘National Seminar on Delivery of CSC services through Primary Agricultural Credit Society (PACS)’ at Vigyan Bhawan, New Delhi. Union Minister for Electronics and IT, Shri Ashwini Vaishnaw will also grace the occasion. Till now, 17,000 PACS have been on boarded on the CSC portal, out of which 6,000 PACS are going to start providing services as CSCs.

9) Answer: C

Parshottam Rupala is an Indian politician and Minister of Fisheries, Animal Husbandry and Dairying in the Second Modi ministry. Constituency: Amreli. Under the aegis of Azadi Ka Amrit Mahotsav and the Agriculture Working Group (AWG) of G20, Shri Parshottam Rupala, Union Minister of Fisheries, Animal Husbandry & Dairying inaugurated an International Symposium on Sustainable Livestock Transformation at NDDB, Anand. The 2-day long symposium was aimed to foster insightful discussions and deliberations on the transformation to more efficient and sustainable agri-food systems, with a particular focus on the livestock sector.

10) Answer: A

The Union Minister of Ports, Shipping & Waterways and Ayush, Shri SarbanandaSonowal launched the curtain raiser of Global Maritime India Summit (GIMS), 2023 in Mumbai.The event is aimed at unlocking the potential for new investment opportunities along with collaborations for knowledge and technologyto enhance cooperation in trade and promote Ease of Doing Business (EODB). The event was attended by the Union Minister of State for Ports, Shipping & Waterways and Tourism, Shri Shripad Naik among others.

11) Answer: B

Maritime India Summit has now evolved to the ‘Global’ Maritime India Summit this year. The summit is slated for 17th to 19th October 2023, at Pragati Maidan, New Delhi, with FICCI as the exclusive industry partner. For more details on the Global Maritime India Summit 2023, including a complete agenda and registration details, please visit the official website at www.maritimeindiasummit.com

12) Answer: B

India`s focus is on decarburization and it has already achieved 12% ethanol blending in Petrol and has targeted 20% blending by 2025. Secretary Petroleum also mentioned that India is the World’s 4th largest refiner, has the 4th largest LNG terminal capacity, 4th largest Auto market and also 3rd largest biofuels producer.

The International Energy Agency (IEA) in collaboration with the Petroleum Planning and Analysis Cell (PPAC) under the aegis of the Minister of Petroleum launched the Oil 2023 medium-term market report, titled: IEA Oil 2023 – Supply and demand Dynamics to 2028, in Delhi at an event that saw participation from the captains from the Indian oil and gas industry.

13) Answer: C

Ukraine is one of the world’s biggest exporters of food grains, such as wheat and corn, and played a significant role in the UN’s food aid programmes. Therefore, when Russia invaded and blocked Ukrainian ports, prices of food grains soared across parts of the world.Russia refused to extend the agreement that has enabled Ukraine to export grain from its Black Sea ports for the past year, complaining that promises to free up its own shipments of food and fertilisers had not been kept. Without Russia’s participation, the ‘Black Sea Initiative’ ceases to function from July 18, 2023.

14) Answer: C

Founder & CEO of Absolute Foods: Agam Khare. United Nations Development Programme (UNDP) and Absolute Foods, a leading bioscience company specialising in agri-tech, signed a Memorandum of Understanding (MoU) to strengthen the government of India’s flagship Pradhan Mantri Fasal Bima Yojana (PMFBY) and enhance the resilience of the farmers. It will also promote credit profiling of farmers, agri-entrepreneurs, and farmer producers organisations (FPOs), for accurate crop loss assessment and risk evaluation to mobilise agriculture financing.

15) Answer: B

Adani Group has commissioned India’s first transnational power project from its Ultra-Supercritical Thermal Power Plant (USCTPP) of Adani Power located at Godda in Jharkhand, India to supply power to the Bangladesh electricity grid. Chairman Gautam Adani called on Bangladesh Prime Minister Sheikh Hasina in Dhaka following the full load commencement of power supply to Bangladesh from the Group’s USCTPP in Godda. The Godda USCTPP, marks the port-to-power conglomerate’s entry into transnational power projects. Adani Power Jharkhand Ltd (APJL), a wholly-owned subsidiary of Adani Power Ltd, will supply 100% of the generated electricity from the plant to another nation.

16) Answer: D

NTPC has received the prestigious Economic Times (ET) HR World Future Skills Awards 2023 for “Best use of AI/AR/VR in Learning and Upskilling” and “Best Advance in Creating an Extended Enterprise Learning Programme”.Director (HR), NTPC, Shri Dilip Kumar Patel received the awards on behalf of NTPC at a programme held in Gurugram in Haryana.These awards bear testimony to NTPC’s focus on the adoption of cutting-edge technologies such as virtual reality (VR) in Learning and Development (L&D). They reflect NTPC’s commitment to develop the competency level of its employees as well as outsourced workers through L&D initiatives such as I Guru which includes training based on Virtual Reality (VR).

17) Answer: D

The Asian Development Bank (ADB) retained India’s economic growth forecast at 6.4 per cent for the current financial year and 6.7 per cent for the next.The ADB said robust domestic demand will continue to support the region’s recovery. In an update to its Asian Development Outlook, the ADB said inflation is expected to continue to fall, approaching pre-pandemic levels as fuel and food prices decline. It forecast 3.6 per cent inflation this year for developing economies in Asia, and 3.4 per cent in 2024. The Indian economy grew 7.2 per cent in the 2022-23 fiscal ended in March 2023.

18) Answer: C

SBI Capital Markets (SBICAPS), has appointed Rajay Kumar Sinha as the Managing Director (MD) & Chief Executive Officer (CEO) at the wholly owned subsidiary and investment banking arm of State Bank of India (SBI). Sinha replaced Amitava Chatterjee who moved to SBI, Corporate Centre as Deputy Managing Director, in charge of Commercial Clients Group. He brings in global markets expertise that will further help strengthen SBICAPS’ investment banking business in India and overseas.

19) Answer: C

Australia’s state of Victoria will not be hosting the 2026 Commonwealth Games due to projected exceeding expenditures.He said that more than 6 billion dollars for a 12-day sporting event is just too high. This has raised doubts about the multi-sport event that takes place every four years. Victoria State Premier Dan Andrews has said the cost of the Games, which were to have been held in four regional hubs, was going more than twice the estimated economic benefit the Games would bring to the state.

20) Answer: B

Star Indian Shuttler Satwiksairaj Rankireddy has set the Guinness world record for the fastest shot by a male player in badminton, recording a mindboggling 565 kilometres per hour with his smash during the game.Satwik, who along with his partner Chirag Shetty won the Indonesia Open recently, broke a decade-long record set in May 2013 by Malaysian Tan Boon Heong, who had produced a speed of 493 kilometres per hour with his smash. Malaysia’s Tan Pearly set the Guinness world record for the fastest female badminton hits with a remarkable speed of 438 kilometers per hour. The world record attempts were achieved on the 14th of April this year and were verified by official judges from the Guinness World Records based on the speed measurement results from that day.

21) Answer: E

Chandy received the 2013 United Nations Public Service Award For the Asia-Pacific region, for “Preventing and Combating Corruption in the Public Service. He is the only Indian chief minister to achieve an award for public service from the United Nations (UN). He also received the United Nations Public Service Award for his Mass Contact Programme (Jana SamparkkaParipadi), for hearing and solving the complaints of citizens.

22) Answer: D

The chess rules were standardized and international competitions were organized by FIDE. Headquarters: Lausanne, Switzerland. It is believed that the game of chess, which was once known as “Chaturanga”, dates back almost 1500 years and originated in India. World Chess Day is celebrated on July 20th every year to commemorate the founding of the International Chess Federation (FIDE) in 1924.

23) Answer: E

The first global celebration of International Moon Day took place on July 20, 2022.International Moon Day is celebrated every year on July 20th to commemorate the anniversary of Neil Armstrong’s landing on the Moon as part of the Apollo 11 mission and to promote international cooperation in space exploration. When Eagle touched the lunar surface, Armstrong radioed his historical message to Mission Control in Houston, Texas: “The Eagle has landed.”

24) Answer: D

Headquarters: Mandaluyong, Philippines; Founded: 19 December 1966; President: Masatsugu Asakawa; Membership: 68 countries. The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966, which is headquartered in the Ortigas Center located in the city of Mandaluyong, Metro Manila, Philippines. The bank also maintains 31 field offices around the world to promote social and economic development in Asia.

25) Answer: D

Bhindawas Wildlife Sanctuary Ramsar site is located in Jhajjar district, which is about 15 km from Jhajjar in Haryana. Bhindawas Wildlife Sanctuary is a man-made freshwater wetland. It is the largest wetland in Haryana. More than 250 species of birds use this sanctuary as a resting place throughout the year. On 3 June 2009, it is also declared as bird sanctuary by the Indian Government.