AffairsCloud brings you the complete and important daily Current Affairs Quiz 29 June 2023 to achieve more marks in Banking, Insurance, UPSC, SSC, CLAT, Railways and all other competitive Exams. We have prepared the current affairs quiz question from our daily current affairs 2023 updates.
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- Which airport has recently (in June ‘23) received the Directorate General of Civil Aviation (DGCA) aerodrome licence to operate civil flights?
1) Kandla Airport (Gujarat)
2) Sindhudurg Airport (Maharashtra)
3) Naini Saini Airport (Uttarakhand)
4) Shioni Airport (Maharashtra)
5) Pant Nagar Airport (Uttarakhand)Answer-3) Naini Saini Airport (Uttarakhand)
Explanation:
The Naini Saini Airport, Pithoragarh, Uttarakhand has received the Directorate General of Civil Aviation (DGCA) aerodrome licence to operate civil flights.
i. This license, which is valid for 6 months, has been handed over to the Uttarakhand Civil Aviation Development Authority (UCADA) by DGCA.
ii. The Naini Saini Airport was inaugurated in 1994, by the then Union Civil Aviation Minister Gulam Nabi Azad in the presence of UP Chief Minister Mulayam Singh Yadav which allows chartered or private flights carrying VIPs. - According to the QS World University Rankings 2024 by Quacquarelli Symonds (QS) released in June 2023, _____________ is the only Indian Institute featured among the top 150 Universities, while Massachusetts Institute of Technology (MIT), Cambridge, United States of America (USA) has topped the list for the 12th time.
1) Indian Institute of Science (IISc) Bengaluru
2) Indian Institute of Technology (IIT) Bombay
3) Indian Institute of Technology (IIT) Delhi
4) Indian Institute of Technology (IIT) Kharagpur
5) Indian Institute of Technology (IIT) KanpurAnswer-2) Indian Institute of Technology (IIT) Bombay
Explanation:
According to the QS World University Rankings 2024 by Quacquarelli Symonds (QS) released on 27th June 2023, the Indian Institute of Technology Bombay (IIT-B), Mumbai, Maharashtra, is the only Indian Institute featured among the top 150 Universities.
• IIT-B ranked 149th globally, has emerged as the best higher education Institute in India.
i. The global list is topped by the Massachusetts Institute of Technology (MIT), Cambridge, United States of America(USA) for the 12th time (2012 and from 2014 to 2024).
• MIT is followed by the University of Cambridge, Cambridge, the United Kingdom (UK) in 2nd place and the University of Oxford, Oxford, UK in 3rd place.
ii. QS World University Rankings 2024, the 20th edition of the ranking, features 1,500 institutions across 104 locations and is the only ranking of its kind to emphasise employability and sustainability.
iii. Apart from IIT-B, IIT Delhi (IITD) is the only Indian university among the top 200 in the 2024 ranking. - Name the Insurance company that has recently (in June ‘23) partnered with actyv.ai to offer customised insurance products to Micro Small and Medium Enterprises (MSMEs) in India.
1) ICICI Prudential Life Insurance Company
2) Bharti AXA Life Insurance Company.
3) Bajaj Allianz Life Insurance Company
4) Kotak Mahindra General Insurance
5) Max Life Insurance CompanyAnswer-4) Kotak Mahindra General Insurance
Explanation:
On Jun 26, 2023, Kotak Mahindra General Insurance Co. Ltd (Kotak General Insurance) partnered with actyv.ai, an AI-powered technology company, to offer customised insurance products to Micro Small and Medium Enterprises (MSMEs) in India.
i. Under the partnership, Kotak General Insurance joins actyv.ai and intends to provide tailored insurance solutions that cater specifically to the needs of MSMEs, enabling them to effectively manage business risks and protect their assets. - In June 2023, Reserve Bank of India (RBI) relaxed the restrictions on customer onboarding for ____________ (company) & cancels licence of ____________ (Cooperative Bank) and allows to operate solely as a Non-Banking Financial Company (NBFC).
1) Fullerton India Credit; Cosmos Co-operative Bank
2) HDFC Credila; Mahalaxmi Cooperative Bank
3) Fullerton India Credit; Bharat Co-operative Bank
4) HDFC Credila; Cosmos Co-operative Bank
5) Poonawalla Fincorp; Mahalaxmi Cooperative BankAnswer-2) HDFC Credila; Mahalaxmi Cooperative Bank
Explanation:
Reserve Bank of India (RBI) relaxed the restrictions on customer onboarding for HDFC Credila. This move comes as a significant development, allowing HDFC Credila to expand its customer base and streamline its operations.
i. To avail this relaxation, HDFC Credila is required to submit an application for a change in shareholding as a Non-Banking Financial Company (NBFC) to the RBI by July 31, 2023
ii. HDFC Bank’s shareholding in HDFC Credila must be reduced to 10 percent by March 31, 2024, to ensure compliance with regulatory requirements.
iii. On 27 June 2023, The Reserve Bank of India (RBI) instructed Mahalaxmi Cooperative Bank (Dharwad, Karnataka), to operate solely as a Non-Banking Financial Company (NBFC), effectively revoking its banking licence granted on March 23, 1994. - Which of the following credit bureaus is/are ‘Not’ recently (in June ‘23) fined by the Reserve Bank of India (RBI) for non-compliance with the Credit Information Companies (Regulation) Act, 2005, and Credit Information Companies Rules, 2006?
1) TransUnion CIBIL Limited
2) Equifax Credit Information Services Private Limited
3) Experian Credit Information Company of India Private Limited
4) CRIF High Mark Credit Information Services Private Limited
5) Moody’s Corporation LimitedAnswer-5) Moody’s Corporation Limited
Explanation:
Reserve Bank of India (RBI) has fined all Four credit bureaus, TransUnion CIBIL Limited, Equifax Credit Information Services Private Limited, Experian Credit Information Company of India Private Limited and CRIF High Mark Credit Information Services Private Limited, for not maintaining accurate borrower data following customer complaints.
• They have been subjected to monetary penalties by the RBI due to their non-compliance with the Credit Information Companies (Regulation) Act, 2005, and Credit Information Companies Rules, 2006.
• This is the first such concerted action by RBI towards Credit Bureaus.
Note- RBI has also imposed a monetary penalty of Rs 30 lakh on Standard Chartered Bank-India(StanChart) for non-compliance with certain provisions of the ‘Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016. - Which company has recently (in June ‘23) partnered with Bharat Sanchar Nigam Limited (BSNL) to provide private 5G (Fifth-generation) network solutions?
1) Cummins India Limited
2) Engineers India Limited
3) Larsen & Toubro (L&T) Technology Services Limited
4) Everest Industries Limited
5) Bharat Heavy Electricals LimitedAnswer-3) Larsen & Toubro (L&T) Technology Services Limited
Explanation:
Larsen & Toubro (L&T) Technology Services Limited (LTTS) has partnered with Bharat Sanchar Nigam Limited (BSNL) to provide private 5G (Fifth-generation) network solutions for global enterprises providing faster connection speed and lower latency.
i. Private 5G networks unlock companies Augmented Reality (AR), Virtual Reality (VR), and the Internet of Things (IoT) and are expected to grow beyond USD 8 billion by 2026 at an annual growth rate of 35.7% from 2022.
ii. BSNL will supply spectrum using a Public Land Mobile Network (PLMN) or isolated allotment by being the official network provider. - Which of the following personalities has/have recently (in June ‘23) named for the Honorary Awards (Oscar®) at Academy’s 14th Governors Awards?
1) Mel Brooks
2) Angela Bassett
3) Carol Littleton
4) Both 1 & 2
5) All 1, 2 & 3Answer-5) All 1, 2 & 3
Explanation:
On 26th June 2023, The Academy of Motion Picture Arts and Sciences(The Academy) announced that American actress Angela Bassett, American Actor Mel Brooks and American film editor Carol Littleton will be honoured with the Honorary Awards(Oscar®).
i. The academy also announced that Michelle Satter, the founding senior director of the Sundance Institute’s Feature Film Program – which focuses on the cultural impact of supporting independent storytellers, will be honoured with the Jean Hersholt Humanitarian Award(Oscar®).
ii. These 4 Oscar® will be presented to them during the Academy’s 14th Governors Awards which will be held on 18th November 2023 at the Fairmont Century Plaza in Los Angeles, California, the United States of America(USA).
Note: The winners of these awards were voted on by the Board of Directors of the Academy. - Who has been recently (in June ‘23) appointed as the part-time chairman of the Federal Bank?
1) Balakrishnan Krishnamurthy
2) AP Hota
3) C Balagopal
4) Shyam Srinivasan
5) Sudarshan SenAnswer-2) AP Hota
Explanation:
The Reserve Bank of India (RBI) approved the appointment of AP Hota, independent director, as part-time chairman of the Federal Bank with effect from June 29, 2023, till January 14, 2026.
i. AP Hota was appointed as Independent Director of Federal Bank Limited with effect from January 15, 2018. - Name the company that has recently (in June ‘23) appointed Rohit Jawa as new Managing Director (MD) & Chief executive officer (CEO).
1) ITC Limited
2) Britannia Industries
3) Dabur Ltd
4) Hindustan Unilever Limited
5) Godrej Consumer Products LimitedAnswer-4) Hindustan Unilever Limited
Explanation:
Rohit Jawa took over as the new Managing Director (MD) & Chief executive officer (CEO) of Hindustan Unilever Limited (HUL) following Sanjiv Mehta’s retirement. He is also the President of Unilever South Asia and a Member of the Unilever Leadership Executive (ULE).
i. Rohit Jawa is to get an annual remuneration of Rs 21.43 crore and would receive a sum of Rs 4.83 crore as mobility-linked allowances in Financial Year(FY)24. - What was the theme of World Allergy Awareness Week 2023 that was observed across the globe from 18th to 24th June 2023.
1) The Global Problem of Food Allergy
2) Climate Change Worsens Allergies: Be Ready”
3) Atopic Dermatitis/Eczema: An Itch that Rashes
4) Allergy care does not stop with COVID-19
5) Anaphylaxis; Be aware. Be prepared. Save livesAnswer-2) Climate Change Worsens Allergies: Be Ready”
Explanation:
World Allergy Week is an annual initiative of the World Allergy Organization(WAO) to create awareness about allergic diseases and related disorders.
i. World Allergy Week 2023 was observed from 18th to 24th June 2023 with the theme of “Climate Change Worsens Allergies: Be Ready”.
ii. The 1st world allergy week was observed in 2011.
Note: WAO also hosted the webinar titled “Climate Change Worsens Allergies: Be Ready”, on June 20, 2023.
- Which airport has recently (in June ‘23) received the Directorate General of Civil Aviation (DGCA) aerodrome licence to operate civil flights?
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