Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2024 of 20th July 2024. 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 2024 & other competitive exams can make use of these Current Affairs Quiz.
1) As per the report, the Bank of India (BoI) issued 10-year infrastructure bonds at a yield rate of 7.54%, raising Rs 5,000 crore. The issue had a base size of Rs 2,000 crore and a green shoe option of how many crores?
(a) Rs.3000crore
(b) Rs.2000crore
(c) Rs.1000crore
(d) Rs.4000crore
(e) Rs.5000crore
2) An open-ended equity program with a manufacturing focus has been introduced by Motilal Oswal Mutual Fund: the Motilal Oswal Manufacturing Fund. The scheme’s new fund offer, or NFO, will be available for subscription starting on July 19 and ending on _____________2024.
(a) July 30
(b) August 1
(c) August 2
(d) September 10
(e) August 31
3) According to Reserve Bank of India (RBI) data, overseas Indians deposited around how many billion in non-resident Indian (NRI) deposit schemes in April-May FY25, which is more than four times the amount deposited in similar schemes in the same period previous year?
(a) $3 billion
(b) $2 billion
(c) $1 billion
(d) $4 billion
(e) $5 billion
4) The Federation of Indian Chambers of Commerce and Industry (FICCI) predicts a median Gross Domestic Product (GDP) growth rate of 7.0% in fiscal year 2024-25. What is the anticipated median Consumer Price Index (CPI) inflation rate for the same time period?
(a) 4.5%
(b) 2.5%
(c) 3.5%
(d) 5.5%
(e) 6.5%
5) Which bank introduced the ‘Wrestle for Glory’ program as part of its Corporate Social Responsibility (CSR) initiatives?
(a) Federal bank
(b) IndusInd bank
(c) South Indian bank
(d) RBL bank
(e) IDFC First bank
6) By when does NITI Aayog intend to grow India’s domestic electronics manufacturing industry to $500 billion?
(a) 2028
(b) 2030
(c) 2035
(d) 2032
(e) 2029
7) In July 2024, the Garden Reach Shipbuilders and Engineers (GRSE) Ltd. has received a large contract for how many crores from the National Centre for Polar and Ocean Research (NCPOR), a division of the Ministry of Earth Sciences?
(a) Rs.740crore
(b) Rs.640crore
(c) Rs.840crore
(d) Rs.940crore
(e) Rs.540crore
8) In 2025, Maharashtra’s Jawaharlal Nehru Port (JNPA) hopes to overtake all other ports in India in terms of cargo volume.By 2029, when Vadhvan Port’s Phase 1 opens for business, how many container terminals are scheduled to be built in that first phase?
(a) 9
(b) 5
(c) 6
(d) 7
(e) 8
9) As per report, the Robotic sprayer for greenhouse developed by Pusa scientists is a laborer’s dream come true. How many liters of jar does the machine come with for holding water and agrochemicals?
(a) 20litre
(b) 30litre
(c) 40litre
(d) 50litre
(e) 60litre
10) Which state constitutes the beneficiary of the Mukhya Mantri Majhi Ladki Bahin Yojana, which was revealed in the state budget last month and provides Rs 1,500 monthly to married, divorced, and impoverished women aged 21 to 60, with a ceiling on the annual family income of Rs 2.5 lakh?
(a) Madhya Pradesh
(b) Maharashtra
(c) Gujarat
(d) Haryana
(e) Kerala
11) Which Bank has partnered with Life Insurance Corporation of India (LIC) under a corporate agency arrangement?
(a) Federal bank
(b) IndusInd bank
(c) South Indian bank
(d) RBL bank
(e) IDFC First bank
12) The Reserve Bank of India has approved Kadambelil Paul Thomas’s reappointment as MD and CEO of ESAF Small Finance Bank. Under which section of the Banking Regulation Act of 1949 was the re-appointment granted?
(a) Section 35B
(b) Section 35A
(c) Section 35D
(d) Section 35G
(e) Section 35F
13) Georges Elhedery has been named global Chief Executive Officer (CEO) by HSBC Holdings Plc, with effect from September 2, 2024. Elhedery will succeed departing CEO Noel Quinn at HSBC and take over as ______________ chief executive in less than eight years.
(a) 2nd
(b) 3rd
(c) 1st
(d) 4th
(e) 5th
14) INS Delhi was named the Best Ship of the Eastern Fleet for its outstanding performance and operational achievements. Which city hosted the Fleet Awards Function, which recognized the Eastern Fleet’s tactical achievements during the previous year?
(a) Kochi
(b) Mumbai
(c) Kolkata
(d) Vishakapattinam
(e) Gandhinagar
15) A long-awaited deal between Nepal, India, and Bangladesh on cross-border electricity trade is approaching conclusion. Bangladesh will purchase how many megawatts of power each day from June 15 to November 15 of each year?
(a) 20MW
(b) 10MW
(c) 30MW
(d) 40MW
(e) 50MW
16) The Central Board of Direct Taxes (CBDT) has entered into a multi-year arrangement with Bharti Airtel to supply network and connectivity solutions for its Taxnet-2.0 initiative.In which year did the Taxnet-1.0 scheme begin?
(a) 2005
(b) 2006
(c) 2007
(d) 2008
(e) 2009
17) As per report, an Ukraine and Slovenia have inked a comprehensive agreement on bilateral security cooperation and support. How many bilateral security agreements has Ukraine signed with other countries?
(a) 25
(b) 24
(c) 22
(d) 28
(e) 27
18) Dr. Marthanda Varma Sankaran Valiathan, a famous heart surgeon and academic, died in Manipal at the age of 90. When did Dr. Valiathan get the Padma Vibhushan, India’s second-highest civilian honor, for his breakthrough contributions to health technology?
(a) 2002
(b) 2004
(c) 2005
(d) 2006
(e) 2008
19) International Moon Day is observed every year on ____________________ to honor the anniversary of Neil Armstrong’s landing on the Moon as part of the Apollo 11 mission.
(a) July 19
(b) July 18
(c) July 20
(d) July 21
(e) July 22
20) Every year on July 20th, the world celebrates World Chess Day, which commemorates the anniversary of the International Chess Federation (FIDE)’s founding in Paris in which year?
(a) 1920
(b) 1921
(c) 1923
(d) 1924
(e) 1925
Answers :
1) Answer: A
Short Explanation:
Bank of India (BoI) has raised Rs 5,000 crore at a coupon rate of 7.54% through 10-year infrastructure bonds.
The issue had a base size of Rs 2,000 crore, and a green shoe option of Rs 3,000 crore.
The proceeds of the issue will be utilised by the bank for funding long-term projects in infrastructure sub sectors and affordable housing in accordance with the Reserve Bank of India (RBI) guidelines.
Detailed Explanation:
Bank of India (BoI) has raised Rs 5,000 crore at a coupon rate of 7.54% through 10-year infrastructure bonds.
The issue had a base size of Rs 2,000 crore, and a green shoe option of Rs 3,000 crore.
The proceeds of the issue will be utilised by the bank for funding long-term projects in infrastructure sub sectors and affordable housing in accordance with the Reserve Bank of India (RBI) guidelines.
The bank received 127 bids amounting to Rs 15,318 crore out of which it kept 57 bids worth Rs 5,000 crore.
Infrastructure bonds have a tenor of at least 7 years and the proceeds are utilised by banks to fund long-term infrastructure projects.
Banks benefit from infrastructure bonds because they do not incur regulatory reserve requirements such as the statutory liquidity ratio (SLR) and cash reserve ratio (CRR), allowing them to optimise their liquidity management strategies effectively.
2) Answer: C
Short Explanation:
Motilal Oswal Mutual Fund has launched Motilal Oswal Manufacturing Fund, an open-ended equity scheme following the manufacturing theme.
The new fund offer or NFO of the scheme will open for subscription on July 19 and close on August 2, 2024.
The scheme is benchmarked against Nifty India Manufacturing Total Return Index.
The scheme will be managed by Ajay Khandelwal, Niket Shah, Santosh Singh, Atul Mehra, Rakesh Shetty, and Sunil Sawant.
Detailed Explanation:
Motilal Oswal Mutual Fund has launched Motilal Oswal Manufacturing Fund, an open-ended equity scheme following the manufacturing theme.
The new fund offer or NFO of the scheme will open for subscription on July 19 and close on August 2, 2024.
The scheme is benchmarked against Nifty India Manufacturing Total Return Index.
The scheme will be managed by Ajay Khandelwal, Niket Shah, Santosh Singh, Atul Mehra, Rakesh Shetty, and Sunil Sawant.
Plan Options : The scheme will offer both regular and direct plans with growth and IDCW options.
Expense Ratio : The maximum total expense ratio (TER) permissible under Regulation 52 (6) (c) is up to 2.25%.
Minimum Investment : The minimum application amount for lumpsum investment is Rs 500 and in multiples of Re 1 thereafter.
For weekly, fortnightly, and monthly SIP, the minimum application amount is Rs 500 and multiple of Re 1 thereafter with minimum 12 instalments.
Investment Allocation:Equity and Equity-related Instruments of Manufacturing Companies: 80-100%.
3) Answer: A
Short Explanation:
According to the data released by the Reserve Bank of India (RBI), Overseas Indians deposited close to $3 billion in non-resident Indian (NRI) deposit schemes in April-May FY25, which is over four times higher than the amount deposited in these schemes in the same period last year.
In April-May FY25, inflows into the NRI schemes stood at $2.72 billion, compared to $623 million during the same period a year ago.
Monthly Inflows:May FY25: Inflows into NRI deposit schemes were $1.7 billion.
Detailed Explanation:
According to the data released by the Reserve Bank of India (RBI), Overseas Indians deposited close to $3 billion in non-resident Indian (NRI) deposit schemes in April-May FY25, which is over four times higher than the amount deposited in these schemes in the same period last year.
In April-May FY25, inflows into the NRI schemes stood at $2.72 billion, compared to $623 million during the same period a year ago.
Monthly Inflows:May FY25: Inflows into NRI deposit schemes were $1.7 billion.
April FY25: Inflows into NRI deposit schemes were $1.07 billion.
FCNR Deposits: Inflows of $1.10 billion in April-May FY25 compared to $524 million in the corresponding period last year.
Total outstanding FCNR deposits are now approximately $26.8 billion.
NRO Deposits: Inflows of $481 million in April-May FY25 compared to $109 million in the same period last year.
Total outstanding NRO deposits are now approximately $28 billion.
4) Answer: A
Short Explanation:
The Federation of Indian Chambers of Commerce & Industry (FICCI) forecasts a median Gross Domestic Product (GDP) growth of 7.0% for the fiscal year 2024-25.
The Consumer Price Index (CPI) inflation is projected at a median of 4.5% for the same period.
Detailed Explanation:
The Federation of Indian Chambers of Commerce & Industry (FICCI) forecasts a median Gross Domestic Product (GDP) growth of 7.0% for the fiscal year 2024-25.
The Consumer Price Index (CPI) inflation is projected at a median of 4.5% for the same period.
Growth Range:GDP:
Expected Range: A minimum growth of 6.6% and a maximum growth of 7.5% are anticipated.
Quarterly Estimates: Median GDP growth is estimated at 6.8% for Q1 and 7.2% for Q2 of FY25.
Sectoral Growth Forecasts:
Agriculture: Median growth forecast at 3.7%, up from 1.4% in 2023-24.
Industry: Anticipated to grow by 6.7%.
Services: Expected to grow by 7.4%.
Fiscal Deficit: The median fiscal deficit to GDP ratio is projected at 5.1% for FY25.
Policy Repo Rate: Expected to moderate to 6.0% by the end of FY25, with a minimum of 5.5% and a maximum of 6.25%.
5) Answer: B
Short Explanation:
IndusInd Bank has launched the ‘Wrestle for Glory’ program as part of its Corporate Social Responsibility (CSR) initiatives.
The program continues the bank’s longstanding partnership with the Inspire Institute of Sport (IIS), a high-performance Olympic training facility in Vijayanagar, Bellary
Detailed Explanation:
IndusInd Bank has launched the ‘Wrestle for Glory’ program as part of its Corporate Social Responsibility (CSR) initiatives.
The program continues the bank’s longstanding partnership with the Inspire Institute of Sport (IIS), a high-performance Olympic training facility in Vijayanagar, Bellary
Program Benefits:Training and Support: Female wrestlers will benefit from:
Top-tier training facilities
Expert coaching
Comprehensive sports science resources
Cutting-edge equipment
Nutritional support
Educational assistance
A supportive ecosystem to nurture potential and aid in global success.
‘IndusInd For Sports’ Initiative:
Established: The program is part of the ‘IndusInd For Sports’ initiative, a non-banking sports vertical established in 2016.
6) Answer: B
Short Explanation:
NITI Aayog aims to propel India’s domestic electronics manufacturing sector to a value of $500 billion by 2030.
This goal is expected to significantly boost employment and strengthen India’s position in global value chains (GVCs).
This ambitious goal is projected to generate around 6 million jobs, significantly boosting employment in the sector.
Detailed Explanation:
NITI Aayog aims to propel India’s domestic electronics manufacturing sector to a value of $500 billion by 2030.
This goal is expected to significantly boost employment and strengthen India’s position in global value chains (GVCs).
This ambitious goal is projected to generate around 6 million jobs, significantly boosting employment in the sector.
Sector Growth: The Electronics sector reached $155 billion in FY23.
Production Increase: Nearly doubled from $48 billion in FY17 to $101 billion in FY23.
Mobile Phones: Account for 43% of total electronics production.
Domestic Manufacturing: India now produces 99% of its smartphones domestically.
Global Value Chains (GVCs):
Importance: GVCs involve international collaboration across design, production, marketing, and distribution, representing 70% of global trade.
India’s Need: Enhance participation in GVCs, especially in electronics, semiconductors, automobiles, chemicals, and pharmaceuticals.
7) Answer: C
Short Explanation:
Garden Reach Shipbuilders and Engineers (GRSE) Ltd. has secured a significant contract worth ₹840 crore from the National Centre for Polar and Ocean Research (NCPOR), part of the Ministry of Earth Sciences.
The contract, signed on July 16, involves the construction of an ocean research vessel (ORV) and is expected to be completed within 42 months
Detailed Explanation:
Garden Reach Shipbuilders and Engineers (GRSE) Ltd. has secured a significant contract worth ₹840 crore from the National Centre for Polar and Ocean Research (NCPOR), part of the Ministry of Earth Sciences.
The contract, signed on July 16, involves the construction of an ocean research vessel (ORV) and is expected to be completed within 42 months.
This project highlights GRSE’s growing role in specialized vessel construction.
Recent Contracts: In addition to the ORV project, GRSE has recently won several other notable contracts:
Bangladesh Navy: An advanced tugboat is being built for the Bangladesh Navy.
Government of Bangladesh: A dredger is under construction.
German Company: GRSE is constructing at least four multi-purpose cargo vessels for a German firm.
Indian Navy: GRSE is working on 18 warships for the Indian Navy.
8) Answer: A
Short Explanation:
Jawaharlal Nehru Port (JNPA) in Maharashtra aims to become India’s largest container port by 2025.
The port is expected to reach full capacity by 2029, with expansion efforts underway to manage growing demand.
New Port: To handle anticipated saturation, the construction of Vadhvan Port in Palghar is planned.
Timeline: Phase-1 of Vadhvan Port is expected to be operational by 2029, with the initial phase including four of the planned nine container terminals.
Detailed Explanation:
Jawaharlal Nehru Port (JNPA) in Maharashtra aims to become India’s largest container port by 2025.
The port is expected to reach full capacity by 2029, with expansion efforts underway to manage growing demand.
Ongoing Projects: Bharat Mumbai Container Terminals Pvt Ltd (BMCT) is expanding its facilities, with completion expected in April 2025.
Investment: The BMCT expansion is costing around ₹4,000 crore and will add 2.4 million TEUs (Twenty-foot Equivalent Units) of capacity.
Future Developments:
New Port: To handle anticipated saturation, the construction of Vadhvan Port in Palghar is planned.
Timeline: Phase-1 of Vadhvan Port is expected to be operational by 2029, with the initial phase including four of the planned nine container terminals.
9) Answer: C
Short Explanation:
Dilip Kumar Kushwaha, 42, a young scientist working at the country’s premier Indian Agricultural Research Institute (IARI) or Pusa, has developed a robotic spraying machine exclusively for crops grown inside a greenhouse.
Cost and Interest: Development cost was around ₹1 lakh. Several companies have expressed interest in the technology.
Storage: The machine includes a 40-litre jar for storing agrochemicals and water.
Detailed Explanation:
Dilip Kumar Kushwaha, 42, a young scientist working at the country’s premier Indian Agricultural Research Institute (IARI) or Pusa, has developed a robotic spraying machine exclusively for crops grown inside a greenhouse.
Cost and Interest: Development cost was around ₹1 lakh. Several companies have expressed interest in the technology.
Storage: The machine includes a 40-litre jar for storing agrochemicals and water.
Sensors: Vertical sensors regulate the spray nozzles based on plant heights.
Remote Operation: The machine can be operated remotely from outside the greenhouse using a control unit with a screen.
Technology Name: “Telerobotic Target-Specific Selective Pesticide Applicator for Greenhouse and Open-Field.”
Battery Operation: The machine is battery-operated, covering one-acre area in about 2 hours on a standard battery, with the potential for enhanced battery life.
Cost Savings: It offers 57% cost savings in pesticide application compared to traditional knapsack sprayers.
10) Answer: B
Short Explanation:
More than 9.27 lakh applications have been received so far by authorities in Maharashtra’s Marathwada region for availing benefits under the state government’s flagship welfare scheme for underprivileged women ‘Ladki Bahin’.
Under the Mukhya Mantri Majhi Ladki Bahin Yojana announced in the state budget last month- married, divorced, and destitute women aged 21-60 will receive Rs 1,500 per month, with the annual family income of beneficiaries capped at Rs 2.5 lakh.
Detailed Explanation:
More than 9.27 lakh applications have been received so far by authorities in Maharashtra’s Marathwada region for availing benefits under the state government’s flagship welfare scheme for underprivileged women ‘Ladki Bahin’.
Under the Mukhya Mantri Majhi Ladki Bahin Yojana announced in the state budget last month- married, divorced, and destitute women aged 21-60 will receive Rs 1,500 per month, with the annual family income of beneficiaries capped at Rs 2.5 lakh.
Application Statistics : In 8 districts of Marathwada in central Maharashtra, 9,27,280 women have applied for the scheme so far (till July 18,2024).
The response for the scheme is higher in rural parts of the region than urban areas.
Out of 9,27,280 applications, 72,443 are from urban areas of Marathwada.
Among urban areas, the highest number of applications has been received from Latur city at 22,276.
11) Answer: E
Short Explanation:
Life Insurance Corporation of India (LIC) has entered into a tie-up with IDFC First Bank Limited under a corporate agency arrangement.
This arrangement will facilitate over 1 crore customers of IDFC First Bank to buy LIC policies online via the bank’s website.
Aim : To increase bancassurance contributions and provide life insurance coverage to all by 2047.
Detailed Explanation:
Life Insurance Corporation of India (LIC) has entered into a tie-up with IDFC First Bank Limited under a corporate agency arrangement.
This arrangement will facilitate over 1 crore customers of IDFC First Bank to buy LIC policies online via the bank’s website.
Aim : To increase bancassurance contributions and provide life insurance coverage to all by 2047.
The combined strength of a network of more than 3,600 branches and satellite offices of LIC and over 1,000 branches of IDFC First Bank would make the process of to increasing the penetration of life insurance across the country easier
Corporate Agent (Life): A Corporate Agent registered as a Corporate Agent (Life) can have tie-ups with up to three life insurers
12) Answer: A
Short Explanation:
ESAF Small Finance Bank (SFB) has received approval from the Reserve Bank of India (RBI) for the re-appointment of K Paul Thomas as Managing Director (MD) & Chief Executive Officer (CEO) for another 3 years.
The re-appointment was granted under Section 35B of the Banking Regulation Act, 1949.
Detailed Explanation:
ESAF Small Finance Bank (SFB) has received approval from the Reserve Bank of India (RBI) for the re-appointment of K Paul Thomas as Managing Director (MD) & Chief Executive Officer (CEO) for another 3 years.
The re-appointment was granted under Section 35B of the Banking Regulation Act, 1949.
The Bank will seek approval from its shareholders for the re-appointment within the prescribed period according to the Companies Act, 2013 and SEBI Listing Regulations.
Additionally, Paul Thomas is the Chairman of the Board of Sa-Dhan, the association of microfinance and impact finance institutions.
13) Answer: B
Short Explanation:
HSBC Holdings Plc has appointed Georges Elhedery as the group Chief Executive Officer (CEO), effective September 2, 2024.
Elhedery, 50, who becomes HSBC’s third chief executive in less than 8 years, will replace outgoing head Noel Quinn.
Before his appointment as CEO, Elhedery served as HSBC’s Chief Financial Officer (CFO) from early 2023.
Detailed Explanation:
HSBC Holdings Plc has appointed Georges Elhedery as the group Chief Executive Officer (CEO), effective September 2, 2024.
Elhedery, 50, who becomes HSBC’s third chief executive in less than 8 years, will replace outgoing head Noel Quinn.
Before his appointment as CEO, Elhedery served as HSBC’s Chief Financial Officer (CFO) from early 2023.
Noel Quinn will step down as group CEO and executive director of the Board on September 2, 2024, and will remain on gardening leave until his 12-month notice period ends on April 30, 2025.
Lebanon-born banking veteran Elhedery joined HSBC in 2005 and has worked in Asia, the Middle East, and Europe.
He led HSBC’s Middle Eastern, North Africa and Turkey region between July 2016 and February 2019.He also served as co-CEO of Global Banking & Markets and led the Markets & Securities Services division.
14) Answer: D
Short Explanation:
INS Delhi was recognised as the Best Ship of the Eastern Fleet for its excellent performance and operational achievements.
The Fleet Awards Function, held in Visakhapatnam, honoured the Eastern Fleet’s tactical successes over the past year.
Best Ship of the Eastern Fleet: INS Delhi
Best Ship in the Corvettes, OPVs, and LSTs Category: INS Kavaratti
Recognition for Spirit and Versatility: INS Shivalik, INS Sumedha, and INS Sumitra were praised for their spirited efforts and handling a range of challenging tasks throughout the year.
Detailed Explanation:
INS Delhi was recognised as the Best Ship of the Eastern Fleet for its excellent performance and operational achievements.
The Fleet Awards Function, held in Visakhapatnam, honoured the Eastern Fleet’s tactical successes over the past year.
Best Ship of the Eastern Fleet: INS Delhi
Best Ship in the Corvettes, OPVs, and LSTs Category: INS Kavaratti
Recognition for Spirit and Versatility: INS Shivalik, INS Sumedha, and INS Sumitra were praised for their spirited efforts and handling a range of challenging tasks throughout the year.
Commissioning: November 15, 1997
Design and Construction: Designed by the Indian Navy’s Directorate of Naval Design and built by Mazagon Dock Limited in Mumbai.
Specifications:
Class: Delhi class
Length: 163 meters
Displacement: Approximately 6,200 tons
Armament: Equipped with surface-to-surface missiles, surface-to-air missiles, anti-submarine torpedoes, and a main gun.
Capabilities: Advanced electronic warfare and sensor systems enhance its operational versatility in various maritime scenarios.
15) Answer: D
Short Explanation:
A long-anticipated agreement among Nepal, India, and Bangladesh for cross-border electricity trade is nearing completion.
This agreement will facilitate the import of electricity from Nepal to Bangladesh via Indian transmission lines.
Export Terms: Nepal will export 40 megawatts (MW) of electricity annually to Bangladesh during the monsoon season, spanning five months each year.
Operational Timeline: The agreement is expected to be finalized and operational by this year.
Daily Purchase:Bangladesh will buy 40 MW of electricity daily from June 15 to November 15 each year.
Detailed Explanation:
A long-anticipated agreement among Nepal, India, and Bangladesh for cross-border electricity trade is nearing completion.
This agreement will facilitate the import of electricity from Nepal to Bangladesh via Indian transmission lines.
Export Terms: Nepal will export 40 megawatts (MW) of electricity annually to Bangladesh during the monsoon season, spanning five months each year.
Operational Timeline: The agreement is expected to be finalized and operational by this year.
Daily Purchase:Bangladesh will buy 40 MW of electricity daily from June 15 to November 15 each year.
Monthly and Seasonal Totals: Bangladesh will receive 28,800 MWh per month and 144,000 MWh over the five-month peak season.
Initial Agreement: In 2019, the Bangladesh Power Development Board signed a power purchase agreement with Nepal Electricity Authority (NEA) for importing 500 MW from the Upper Karnali Hydropower Project.
Trilateral Project: Bangladesh is also interested in investing in the 683 MW Sunkoshi III Hydropower Project, with India involved, making it a trilateral venture.
16) Answer: D
Short Explanation:
The Central Board of Direct Taxes (CBDT) has signed a multi-year agreement with Bharti Airtel to provide network and connectivity solutions for its Taxnet-2.0 programme.
This contract extends Bharti Airtel’s role as the network partner for CBDT, continuing from its involvement in the previous Taxnet-1.0 programme, which began in 2008.
Detailed Explanation:
The Central Board of Direct Taxes (CBDT) has signed a multi-year agreement with Bharti Airtel to provide network and connectivity solutions for its Taxnet-2.0 programme.
This contract extends Bharti Airtel’s role as the network partner for CBDT, continuing from its involvement in the previous Taxnet-1.0 programme, which began in 2008.
Objective: The Taxnet-2.0 programme aims to modernize the system for collecting, processing, monitoring, and accounting direct taxes, enhancing efficiency and security
The Central Board of Direct Taxes (CBDT) formally awarded the contract to Bharti Airtel.
The signing ceremony included prominent figures such as Mr. Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises, and Mr. Ravi Agarwal, Chairman of CBDT.
Airtel will provide robust dual connectivity with a Software Defined Network (SD-WAN).
Secure LAN and other advanced technology solutions will be implemented.
17) Answer: A
Short Explanation:
Ukrainian President Volodymyr Zelenskiy and Slovenian Prime Minister Robert Golob signed a comprehensive agreement on security cooperation and support between their countries.
The agreement is set for 10 years.
Slovenia has already delivered 13 packages of military aid to Ukraine and plans to continue this level of support.
Ukraine has signed a total of 25 bilateral security agreements with various countries.
Detailed Explanation:
Ukrainian President Volodymyr Zelenskiy and Slovenian Prime Minister Robert Golob signed a comprehensive agreement on security cooperation and support between their countries.
The agreement is set for 10 years.
Slovenia has already delivered 13 packages of military aid to Ukraine and plans to continue this level of support.
Ukraine has signed a total of 25 bilateral security agreements with various countries.
Military Cooperation:
Training: Slovenia will assist in training Ukrainian military personnel under the EU Mission EUMAM.
Defense Industry Support: The two countries will collaborate on finding funding sources for the Ukrainian defense industry.
18) Answer: C
Short Explanation:
Dr Marthanda Varma Sankaran Valiathan, a renowned cardiac surgeon and academic, died in Manipal at the age of 90.
Born in 1934 in Kerala.
In 2005, Dr. Valiathan was awarded the Padma Vibhushan, India’s second-highest civilian award, for his groundbreaking contributions to health technology.
Detailed Explanation:
Dr Marthanda Varma Sankaran Valiathan, a renowned cardiac surgeon and academic, died in Manipal at the age of 90.
Born in 1934 in Kerala.
Notable Works : His works, ‘Legacy of Charaka,”Legacy of Sushruta,’ and ‘Legacy of Vagbhata’ blended Ayurvedic insights with modern medical perspectives.
In 2005, Dr. Valiathan was awarded the Padma Vibhushan, India’s second-highest civilian award, for his groundbreaking contributions to health technology.
He was made a Chevalier in the Ordre des Palmes académiques, an honour bestowed by France, in 1999.
He received the Dr. Samuel P. Asper International Award from the Johns Hopkins School of Medicine in 2009 for his contributions to international medical education.
19) Answer: C
Short Explanation:
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
The first global celebration of International Moon Day took place on July 20, 2022.
Detailed Explanation:
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
The first global celebration of International Moon Day took place on July 20, 2022.
The spacecraft entered the lunar orbit after three days, on July 19.
The lunar module, Eagle, disengaged from the main command module the next day, manned by Armstrong and Aldrin. When Eagle touched the lunar surface, Armstrong radioed his historical message to Mission Control in Houston, Texas: “The Eagle has landed.”
20) Answer: D
Short Explanation:
World Chess Day is globally celebrated on July 20th every year to mark the date of the establishment of the International Chess Federation (FIDE) in Paris in 1924.
The Global Chess Alliance (FIDE) was established in Paris, France in 1924 by the public chess organizations of Argentina, Czechoslovakia, France, Poland, Romania, Spain, Switzerland, and Yugoslavia.
Detailed Explanation:
World Chess Day is globally celebrated on July 20th every year to mark the date of the establishment of the International Chess Federation (FIDE) in Paris in 1924.
The purpose of World Chess Day 2024 is to promote chess as a game for everyone, regardless of age, gender, or background.
The Global Chess Alliance (FIDE) was established in Paris, France in 1924 by the public chess organizations of Argentina, Czechoslovakia, France, Poland, Romania, Spain, Switzerland, and Yugoslavia.
The chess rules were standardized and international competitions were organized by FIDE.
This post was last modified on July 22, 2024 12:09 pm