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Current Affairs Quiz: 14 June 2023

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 14 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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    1. The 12th iteration of the bilateral joint military “Exercise Ekuverin” between the Indian Army and the _________ (country) National Defence Force was commenced at Chaubatia, Uttarakhand in June 2023.
      1) Bangladesh
      2) Maldives
      3) Sri Lanka
      4) Indonesia
      5) France
      Answer-2) Maldives
      Explanation:
      The 12th edition of “Ex Ekuverin”, a bilateral joint military exercise between the Indian Army and the Maldives National Defence Force commenced at Chaubatia, Uttarakhand on 11th June 2023. The exercise will continue till 24th June 2023.
      i. Ekuverin is a bilateral exercise conducted alternatively in India and Maldives.
      ii. The focus of the exercise Ekuverin is to share best practices, increase coordination and cooperation between both the forces at tactical level.
      iii. The two-week long exercise will see participation of a platoon strength contingent from both the Indian Army and Maldivian National Defence Force.

    2. Name the Life Insurance company that has recently (in June ‘23) signed an MoU with the Directorate General Resettlement (DGR) to offer employment opportunities to Ex-Servicemen of the Defence Services.
      1) Bajaj Allianz Life Insurance
      2) HDFC Life Insurance
      3) ICICI Prudential Life Insurance
      4) Kotak Mahindra Life Insurance
      5) Tata AIA Life Insurance
      Answer-4) Kotak Mahindra Life Insurance
      Explanation:
      On 12th June,2023, Kotak Mahindra Life Insurance Company Limited (Kotak Life) signed a Memorandum of Understanding (MoU) with the Directorate General Resettlement (DGR), an Inter Service organization under the Department of Ex-Servicemen Welfare, Ministry of Defence, to offer employment opportunities to Ex-Servicemen of the Defence Services,
      i. Under this MoU, Ex-Servicemen will be offered various roles in Kotak Life across multiple distribution channels.

    3. Name the Bank that has recently (in June ‘23) launched the ‘My Account My Name’ scheme for Savings Bank (SB) account customers for the first time.
      1) Axis Bank
      2) ICICI Bank
      3) Indian Overseas Bank
      4) HDFC Bank
      5) State Bank of India
      Answer-3) Indian Overseas Bank
      Explanation:
      On June 12, 2023, the Indian Overseas Bank (IOB) has launched first-of-its-kind in the banking sector ‘My Account My Name’ feature enabling its Savings Bank (SB) account customers to choose any easy to remember 7 Digit/Character Account Name as their account number with IOB.
      • The schemes were launched from the Bank’s Central Office, Chennai in Tamil Nadu (TN) virtually by IOB Managing Director (MD) and Chief Executive Officer (CEO) Ajay Kumar Srivastava with all the 49 Regional Offices spread over India.
      i. Under this feature, The account name can be a combination of seven letters only or seven numbers only or seven alphanumeric characters — like AJIT007, PRADHAN or 2424707 and others.

    4. In the 2023 edition of the Global 2000 list of public companies published by Forbes in June 2023, Reliance Industries Ltd (RIL) climbed eight spots & ranked _______ in the list, while __________, is ranked 1st in the list for the first time since 2011.
      1) 45th; BMW Group
      2) 55th; Saudi Aramco
      3) 45th; JPMorgan
      4) 32nd; Saudi Aramco
      5) 55th; JPMorgan
      Answer-3) 45th; JPMorgan
      Explanation:
      On 13th June, Indian billionaire Mukesh Ambani’s Reliance Industries Ltd (RIL) climbed eight spots to the 45th rank, the highest for an Indian company in the 2023 edition of the Global 2000 list of public companies published by Forbes’.
      • Reliance held the 53rd position in the 2022 edition of the Global 2000.
      • RIL ranked 45 ahead of well-known names like Germany’s BMW Group, Switzerland’s Nestle, China’s Alibaba Group, the United State of America’s (USA) Procter & Gamble and Japan’s Sony.
      i. JPMorgan, America’s biggest bank is at the top of the list for the first time since 2011; Saudi Aramco, Saudi Arabian Oil Company in the 2nd followed by 3 state-owned banks of China (ICBC, China Construction Bank and Agricultural Bank of China).
      Note- Totally 55 Indian companies figured in the list with State Bank of India (SBI) climbing to 77th spot (from 105 in 2022).

    5. Which bank has been recently (in June ‘23) recognized with the ‘Outstanding Digital CX’ award at the 6th Digital CX (DCX) Awards 2023 under the SME (Small Medium Enterprise) Loans category?
      1) Axis Bank
      2) South Indian Bank
      3) RBL Bank
      4) HDFC Bank
      5) ICICI Bank
      Answer-2) South Indian Bank
      Explanation:
      South Indian Bank (SIB) has been recognized with the Outstanding Digital CX award at the 6th Digital CX (DCX) Awards 2023 (held in Singapore) under the SME (Small Medium Enterprise) Loans category, in recognition of its innovative GST-based instant business loan digital platform that has revolutionized the banking experience.
      i. DCX is an annual award instituted by Singapore-based ‘The Digital Banker’ to recognize excellence in providing exceptional digital experiences to customers.
      ii. SIB has also been recognized at the 13th edition of the Finnoviti Awards 2023 for launching Micro LOS (loan origination system) Platform which caters specifically to agricultural customers.

    6. Who has been recently (in June ‘23) appointed as the non-executive chairman of TransUnion CIBIL Limited?
      1) V Anantharaman
      2) Abhinav Dhar
      3) M V Nair
      4) Shanker Annaswamy
      5) Rajesh Kumar
      Answer-1) V Anantharaman
      Explanation:
      On 8th June 2023, TransUnion CIBIL Limited(formerly Credit Information Bureau (India) Limited), India’s first credit information bureau, announced the appointment of V Anantharaman as its non-executive chairman.
      i. He takes over from M V Nair, who stepped down from the post after 11 years of chairmanship.
      ii. Anantharaman has worked in the banking industry with international firms including Standard Chartered Bank, Credit Suisse, Deutsche Bank and Bank of America.

    7. Name the Indian cricketer who has been recently (in June ‘23) appointed as the brand ambassador of Exter by Hyundai Motor India Limited (HMIL).
      1) Shubman Gill
      2) Rohit Sharma
      3) Virat Kohli
      4) Hardik Pandya
      5) Rishabh Pant
      Answer-4) Hardik Pandya
      Explanation:
      Hyundai Motor India Limited (HMIL) has signed Indian cricketer Hardik Pandya as the brand ambassador for Exter, its sub 4metre sports utility vehicle (SUV), which was launched on July 10,2023.
      i. Exter is expected to come up with safety features including the six airbags and electronic stability control.
      ii. Hardik Pandya worked with over 12 brands including Monster Energy drink, Gulf Oil, William Lawson scotch, boAt, and Britannia.
      Note: According to brand valuation agency Kroll, in 2022, Hardik Pandya was worth $34.8 in terms of brand value.

    8. Name the Indian Aerospace company that has recently (in June ‘23) launched its 1st satellite “ABA First Runner (AFR)” on a SpaceX Transporter-8 mission from California, the United States of America (USA).
      1) Airnetz Aviation Private Limited
      2) TechEra Engineering (India) Private Limited
      3) Azista BST Aerospace Private Limited
      4) Genser Aerospace & IT Private Limited
      5) Garuda Aerospace Private Limited
      Answer-3) Azista BST Aerospace Private Limited
      Explanation:
      Azista BST Aerospace(ABA) Private Limited, a Ahmedabad (Gujarat)-based aerospace firm, launched its 1st satellite “ABA First Runner (AFR)” onboard the SpaceX (Space Exploration Technologies Corporation)’s Falcon 9 rocket as part of the Transporter-8 Mission from Space Launch Complex 4E at Vandenberg Space Force Base in California, the United States of America (USA).
      i. The 80-kilogram (Kg) AFR satellite was built on a modular bus platform and accommodates a wide-swath optical remote sensing payload with both panchromatic & multispectral imaging capabilities.
      ii. Transporter 8 mission is a dedicated rideshare flight to a Sun-Synchronous Orbit (SSO) with 72 small microsatellites and nanosatellites for commercial and government customers.

    9. Indian Women’s Junior Hockey Team defeated four-time champions __________(country) to win their 1st Women’s Junior Asia Cup (2023) title in June 2023.
      1) South Korea
      2) Japan
      3) China
      4) Indonesia
      5) Uzbekistan
      Answer-1) South Korea
      Explanation:
      Indian Women’s Junior Hockey Team won the Women’s Junior Asia Cup 2023 title by defeating four-time champions Republic of Korea (South Korea) in the finals held in Kakamigahara, Japan.
      • This mark’s India’s first ever Women’s Junior Asia Cup title. With this victory, India qualified for FIH Hockey Women’s Junior World Cup 2023 to be held in Santiago, Chile from 29 November to 10th December 2023.
      i. Women’s Junior Asia Cup 2023, the 8th edition of the women’s international under-21(U-21) field hockey championship of Asia, was held in Kakamigahara, Japan from 2nd to 11th June 2023.
      • Anjali Barwa (India) awarded as Rising Star Player
      • India’s Annu and Neelam scored two goals for India in the Finals and Annu is the Top Goal Scorers by scoring 9 goals.

    10. What was the theme of United Nations (UN) International Albinism Awareness Day 2023 that was observed across the globe on 13th June 2023?
      1) Advancing with renewed hope
      2) Inclusion is Strength
      3) Made To Shine
      4) Strength Beyond All Odds
      5) Still standing strong
      Answer-2) Inclusion is Strength
      Explanation:
      The United Nations (UN) International Albinism Awareness Day 2023 was observed across the world on 13th June 2023 with the theme of “Inclusion is Strength“, which builds on the theme of 2022 “United in making our voice heard.”
      i. The day was observed to raise awareness about Albinism and to highlight the importance of the human rights of the people with albinism worldwide.
      ii. The first-ever International Albinism Awareness Day was observed on 13th June 2015.