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Current Affairs Quiz:21 & 22 July 2024

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  1. Which state secured first rank in the ‘Best Performing Large States – Loan Performance’ Category of the PRAISE awards under the Prime Minister (PM) Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) Yojana?
    1) Andhra Pradesh
    2) Madhya Pradesh
    3) Punjab
    4) Tamil Nadu
    5) Gujarat
    Answer-2) Madhya Pradesh
    Explanation:
    On 18 July 2024, the Ministry of Housing and Urban Affairs (MoHUA) organised “Utkrishtata ki Ore Badhte Kadam: Celebrating Achievements, Inspiring Excellence” event to honour best performers under the Prime Minister (PM) Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) Yojana, and Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM).
     The event was organised to commemorate the outstanding accomplishments of the year 2023-24 and recognise the contributions of key stakeholders, including central ministries, state governments, Urban Local Bodies (ULBs), and lending institutions.
     The Union Minister felicitated PRAISE and SPARK Award winners under the PM SVANidhi and DAY-NULM schemes.
     Performance Recognition for Access to Financial Inclusion and Street Vendors Empowerment (PRAISE) awards for their exceptional performance in implementing the PM SVANidhi scheme; and
     Systematic Progressive Analytical Real Time Ranking (SPARK) awards for their exceptional performance in implementing the DAY-NULM scheme.
    Award Category: ‘Best Performing States – ‘Loan Performance’

    State categoriesRankState
    Large States1Madhya Pradesh
    2Andhra Pradesh
    3Punjab
    Small States & Union Territories (UTs)1Ladakh
    2Puducherry
    Hilly and North East (NE) States1Assam
    2Sikkim
    Special award for outstanding performance1Maharashtra
    2Uttar Pradesh


  2. Name the National Narcotics Helpline with a toll-free number 1933 that has been recently (in July ‘24) launched by the Union Home Minister Amit Shah.
    1) MARLIN
    2) SURAKSHA
    3) MANAS
    4) PRAVAAH
    5) SAARTHI
    Answer-3) MANAS
    Explanation:
    Union Minister Amit Shah, Ministry of Home Affairs (MHA) chaired the 7th Apex Level Narco-Coordination Centre (NCORD) Meeting, in Vigyan Bhawan, New Delhi (Delhi) and launched the National Narcotics Helpline ‘MANAS(Madak Padarth Nishedh Asuchna Kendra)’.
     He virtually inaugurated the Narcotics Control Bureau (NCB) Zonal Office at Srinagar, Jammu and Kashmir (J&K), and also released the NCB’s Annual Report 2023 and Compendium on ‘Nasha Mukt Bharat’.
     The National Narcotics Helpline MANAS or Narcotics Prohibition Intelligence Centre will have a toll-free number 1933.
     Along with the toll-free number, MANAS will have a web portal, a mobile application (app), and a Unified Mobile Application for New-age Governance (UMANG) app.Click here to read more

  3. Name the web portal that has been recently(In July ‘24) launched by the Geological Survey of India (GSI) to provide crucial data on landslide hazards and enable short- and medium-range forecasting.
    1) Samman
    2) Saksham
    3) Swayam
    4) Sankalan
    5) Bhusanket
    Answer-5) Bhusanket
    Explanation:
    On July 19, 2024, Union Minister Gangapuram (G) Kishan Reddy, Ministry of Coal, and Ministry of Mines inaugurated the National Landslide Forecasting Centre (NLFC) at Geological Survey of India (GSI), Dharitri Campus, Salt Lake City, Kolkata in West Bengal (WB).
     He also launched the Bhusanket Web Portal (https://www.bhusanket.gsi.gov.in) and Bhooskhalan Mobile Application(App).
     Aimed at Landslide hazard mitigation in India, NLFC’s inauguration will benefit the residents of Kalimpong, Darjeeling, and Nilgiri districts from live forecasting reports starting July 20, 2024.
     It will operationalize the regional Landslide Early Warning System (LEWS) nationwide by 2030.
     The Bhusanket Web Portal is an advancement in disaster risk reduction, providing crucial data on landslide hazards and enabling short- and medium-range forecasting.
     The portal integrate with the Bhooskhalan Mobile App, it ensures rapid dissemination of daily forecasts and allows stakeholders to share and update landslide information.

  4. With which institute, did the Bureau of Indian Standards (BIS) sign a MoU for the establishment of the ‘BIS Standardization Chair Professor’?
    1) Jawaharlal Nehru University, Delhi
    2) Indian Institute of Technology(IIT), Hyderabad
    3) Indian Institute of Science (IISc), Bengaluru
    4) Indian Institute of Technology(IIT), Patna
    5) Indian Institute of Technology(IIT), Bhubaneswar
    Answer-3) Indian Institute of Science (IISc), Bengaluru
    Explanation:
    On July 19, 2024, the Bureau of Indian Standards (BIS) signed a Memorandum of Understanding (MoU) with the Indian Institute of Science (IISc), Bengaluru, for the establishment of the ‘BIS Standardization Chair Professor’ at the IISc.
     Aim: To integrate academic expertise into standards formulation and incorporate Indian standards into academic curricula, ultimately contributing to safer and more reliable products and services in India.
     This MoU is part of BIS’s broader strategy to work with premier institutions across India, with similar agreements made with IIT (Indian Institute of Technology) Bombay, Maharashtra; IIT Kharagpur, West Bengal (WB); IIT Kanpur, Uttar Pradesh (UP); IIT Madras, Tamil Nadu (TN), among others.

  5. In July 2024, the  Reserve Bank of India (RBI) established a committee headed by _________ to review the fee structure for White-Label ATMs (WLAs).
    1) Usha Thorat
    2) Sunil Mehta
    3) Bimal Jalan
    4) SK Mohanty
    5) Madhabi Puri Buch
    Answer-2) Sunil Mehta
    Explanation:
    The Reserve Bank of India (RBI) has established a committee  headed by Sunil Mehta, Chief Executive Officer (CEO) of the Indian Banks’ Association (IBA) to review the fee structure for White-Label ATMs (WLAs).
     Aim: To recommend a fair and sustainable model that balances all stakeholders’ interests and will evaluate current policies and practices.
     The committee will assess fee structure, existing Automated Teller Machine (ATM) infrastructure, and international best practices and will submit its report to T Rabi Sankar, Deputy Governor, RBI.
     WLAs are ATMs set up, owned, and operated by non-banks. The non-bank ATM operators are authorised under the Payment & Settlement Systems Act, 2007 by the RBI.

  6. Which company has recently (in July ‘24) entered into a co-lending partnership with the Central Bank of India (CBI)  to offer Micro, Small, and Medium Enterprises (MSME) loans?
    1) Muthoot Microfin Limited
    2) Northern Arc Capital Limited
    3) Poonawalla Fincorp Limited
    4) Arka Fincap Limited
    5) Piramal Finance Limited
    Answer-4) Arka Fincap Limited
    Explanation:
    Arka Fincap Limited, a Non-Banking Financial Company (NBFC) and a step-down subsidiary of Kirloskar Oil Engines Limited (KOEL), and the Central Bank of India (CBI), entered into a strategic co-lending partnership to offer Micro, Small, and Medium Enterprises (MSME) loans at competitive rates, expanding their reach across India.
     Under the arrangement, Arka Fincap will originate and process loan proposals for the MSME sector based on the jointly formulated credit parameters and eligibility criteria.

  7. Who has been recently (in July ‘24) appointed as the Group Chief Executive Officer (CEO) of HSBC Holdings Plc?
    1) Alain Noudéhou
    2) Georges Elhedery
    3) Astrid Schomaker
    4) Nawaf Salam
    5) Jamie Dimon
    Answer-2) Georges Elhedery
    Explanation:
    HSBC Holdings Plc, Europe’s largest bank has appointed Georges Elhedery as its group Chief Executive Officer (CEO) with effect from September 2 2024. Currently he is serving as the Chief Financial Officer (CFO) at HSBC.
     He is the third CEO for HSBC Holdings Plc in less than 8 years.
     Elhedery replaces Noel Quinn, who announced his exit in April 2024. Noel Quinn will remain CEO until his successor starts in the role.

  8. Name the former President of Viet Nam (2018-2021) who passed away in July 2024.
    1) Saulos Klaus Chilima
    2) Ebrahim Raisi
    3) Bernd Hölzenbein
    4) Nguyen Phu Trong
    5) Aung San
    Answer-4) Nguyen Phu Trong
    Explanation:
    Nguyen Phu Trong, The General Secretary of the Ruling Communist Party of Vietnam (CPV) and the former President of Viet Nam (2018-2021) passed away at the age of 80 at a military hospital in Hanoi, Viet Nam. He was born on 14th April 1944 in Hanoi.
     To Lam, President of Vietnam, was appointed the caretaker chief  of CPV on 18th July 2024.
     In 2015, He became the first Vietnamese party leader to visit the United States of America (USA).

  9. When was the United Nations (UN)’s World Chess Day annually observed across the globe?
    1) March 24
    2) April 12
    3) May 7
    4) June 18
    5) July 20
    Answer- 5) July 20
    Explanation:
    The United Nations (UN)’s World Chess Day, also known as International Chess Day, is annually observed across the globe on July 20 to celebrate Chess, one of the most ancient, intellectual and cultural games, which promotes fairness, inclusion and mutual respect.
     The day marks the foundation day of FIDE (Fédération Internationale des Échecs / International Chess Federation), which was established on 20th July 1924 in Paris, France.
     20th July 2024 marks the centenary (100th) anniversary of the establishment of FIDE (FIDE100).
     The first-ever UN-recognised World Chess Day was observed on 20th July 2020. Click here to read more

  10. Who has been recently (in July 2024) appointed as the representative for South Asia in the Asian Paralympic Committee?
    1) Avani Lekhara
    2) Deepa Malik
    3) Devendra Jhajharia
    4) Shiny Wilson
    5) Bilquis Mir
    Answer-2) Deepa Malik
    Explanation:
    The Asian Paralympic Committee (APC) at its 34th Executive Board meeting appointed Dr. Deepa Malik, India’s 1st woman Paralympic medallist, as the sub-regional representative for South Asia. This appointment for the 1st time increases female representation on the APC Executive Board to 5, the highest in its history.
     Dr. Deepa Malik is the 1st woman to represent India at international level sports in her category of disability (F-53) and also the first ever Indian paraplegic woman swimmer, biker, and car rallyist.
     She is India’s 1st female para-athlete to win a Silver Medal in the Shotput F53 category at the Rio 2016 Paralympic Games held in Rio de Janeiro, Brazil, with a lifetime personal best performance of 4.61 meters.
     She was honoured with the Arjuna Award (National Sports Award) in 2012; the Padma Shri for Sports in 2017; and the Major Dhyan Chand Khel Ratna Award (formerly Rajiv Gandhi Khel Ratna Award) in 2019.