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Current Affairs Quiz: 28 June 2023

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 28 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.

Our Current Affairs June 2023 events will help you to get more marks in Banking, Insurance, SSC, Railways, UPSC, CLAT and all State Government Exams. Also, try our Current Affairs Quiz.

    1. Name the company that has recently (in June ‘23) signed an MoU with Union Ministry of Agriculture and Farmers Welfare to develop geospatial solutions for the Indian agriculture ecosystem.
      1) Pixxel Space India Private Limited
      2) Airnetz Aviation Private Limited
      3) Skyroot Aerospace Private Limited
      4) Boeing India Private Limited
      5) Dhruva Space Private Limited
      Answer-1) Pixxel Space India Private Limited
      Explanation:
      Union Ministry of Agriculture and Farmers Welfare (MoA & FW) in New Delhi, Delhi has signed a Memorandum of Understanding (MoU) with Pixxel Space India Pvt. Ltd. based in Bengaluru, Karnataka to develop geospatial solutions for the Indian agriculture ecosystem on a free of cost basis using Pixxel’s hyperspectral dataset.
      i. The project will focus on crop mapping, crop stage discrimination, crop health monitoring, and soil organic carbon assessments.
      ii. It measures spectral data in narrow wavelength bands, can detect changes in chlorophyll content, canopy moisture status, and soil reflectance to assess crop health and soil nutrient mapping.

    2. In June 2023, Government of India (GoI) extended the timeline for the disbursement of loans for the completion of ethanol projects up to __________ 2023.
      1) 31st December
      2) 30th November
      3) 31st October
      4) 30th September
      5) 31st August
      Answer-4) 30th September
      Explanation:
      Government of India (GoI) has extended the timeline for the disbursement of loans for the completion of ethanol projects up to 30th September 2023 in a move to strengthen ethanol production in India under the ‘scheme for extending financial assistance to sugar mills for augmentation of ethanol production capacity’.
      i. The extended timeline for ethanol projects tends to boost the agricultural economy, reduce fossil fuel dependency, save foreign exchange on account of crude oil imports and reduce air pollution.
      ii. Under the scheme, the government provides interest subvention for the disbursed loans and has now extended the loan disbursement timeline until September 30, 2023. This extension applies to all schemes that were notified during the period from 2018 to 2021.

    3. Name the Bank that has recently (in June ‘23) became India’s first Public Sector Bank (PSB) to introduce the facility of UPI (Unified Payments Interface) payments to merchants through RuPay Credit Card.
      1) Canara Bank
      2) Punjab National Bank
      3) Bank of Baroda
      4) Indian Bank
      5) Union Bank of India
      Answer-1) Canara Bank
      Explanation:
      Canara Bank became the first Public Sector Bank (PSB) in India to introduce the facility of UPI (Unified Payments Interface) payments to merchants through RuPay Credit Card, in association with NPCI (National Payments Corporation of India).
      • This facility is made available at ‘Canara ai1’ Banking Super App of the Bank.

    4. In June 2023, S&P Global Ratings retained its forecast for India’s economic growth at _______________ for fiscal year 2023-2024.
      1) 7%
      2) 6.9%
      3) 7.2%
      4) 6%
      5) 6.5%
      Answer-4) 6%
      Explanation:
      On June 26, 2023, the S&P Global Ratings released its quarterly economic update for Asia-Pacific namely ‘Economic Research: Economic Outlook Asia-Pacific Q3 2023: Domestic Demand, Inflation Relief Support Asia’s Outlook‘ stating India as the fastest growing economy among Asia Pacific nations.
      i. In this, the S&P Global Rating retained its forecast for India’s economic growth unchanged at 6% for fiscal year 2023-2024.
      • GDP is projected to rise to 6.9% for 2024-25 and 2025-26 and rise to 7.1% in 2026-27.
      • India leads, with an average growth of 7% in 2024-2026.
      • India, Vietnam, and the Philippines continue to lead, with average growth of 6.7%, 6.6%, and 6.1% in 2023-2026.
      ii. A GDP growth of 3.8% is projected in Asia in 2023 for Asia-Pacific excluding China, after 4.7% in 2022. Inflation and external deficits are receding; pressure on central banks to raise rates has diminished.

    5. In June 2023, DBS Bank India Limited appointed _____________ as the Managing Director (MD) and head of DBS Institutional Banking Group, India.
      1) Rohit Jawa
      2) Rajat Verma
      3) Atish Mathur
      4) Niraj Mittal
      5) Satyajit Ganguly
      Answer-2) Rajat Verma
      Explanation:
      On 26th June 2023, DBS Bank India Limited appointed Rajat Verma as Managing Director(MD) and head of DBS Institutional Banking Group, India.
      i. Institutional banking refers to the services provided by banks to large organisations such as corporations, government entities, and non-profit organisations. These services typically include business loans, commercial mortgages, and lines of credit.
      ii. Rajat Verma, who has 26 years of banking experience will be succeeding Niraj Mittal.
      iii. Niraj Mittal will be taking up a new role as country head of DBS Bank in Australia as part of the bank’s continued talent and leadership development program by focusing on DBS franchise linkages with South-East Asia and South Asia.

    6. Which of the following personalities has/have recently (in June ‘23) joined the MCC (Marylebone Cricket Club) World Cricket Committee (WCC)?
      1) Meg Lanning (Australia)
      2) Jhulan Goswami (India)
      3) Eoin Morgan (England)
      4) Both 1 & 2
      5) Both 2 & 3
      Answer-5) Both 2 & 3
      Explanation:
      Jhulan Goswami, former Indian woman cricketer, Heather Knight, captain of the England women’s cricket team and Eoin Morgan, former England Men’s cricketer have joined the MCC (Marylebone Cricket Club) World Cricket Committee (WCC).
      i. The trio has joined the committee ahead of its upcoming meeting at Lord’s cricket ground in London, the United Kingdom (UK), known as the Home of Cricket, which is owned by the MCC.
      ii. JhulanGoswami, a Padma Shri (2012 – for her services to sports), and Arjuna Awardee (2010 for the Sport – Cricket), is often regarded as one of the fastest bowlers in women’s Cricket and retired from international cricket in 2022.
      • She was made an Honorary Life Member of MCC in April 2023.

    7. In June 2023, Piramal Enterprises divested its entire ___________ stake in Shriram Finance for Rs 4,824 crore through an open market transaction.
      1) 6.02%
      2) 8.34%
      3) 6.34%
      4) 7.12%
      5) 5.34%
      Answer-2) 8.34%
      Explanation:
      According to block deal data available on the National Stock Exchange, on 21st June 2023, Piramal Enterprises divested its entire 8.34% stake in non-banking financial company Shriram Finance for Rs 4,824 crore through an open market transaction.
      i. As of March 2023, Piramal Enterprises held the stake-sale comprising Rs.3.12 crore shares while Shriram Capital held 18%.
      ii. This comes after TPG India Investments, the United States of America (USA)-based private equity firm offloaded its entire 2.65% stake, or 99.2 lakh shares, in the Piramal Enterprises via several block deals at Rs.1,401 per share for Rs.1,390 crore.

    8. Name the union minister who has recently (in June ‘23) launched NANDI– NOC (No Objection Certificates) Approval for New Drug and Inoculation System Portal.
      1) Amit Shah (Union Minister of Home Affairs)
      2) Smriti Zubin Irani (Union Minister of Women and Child Development)
      3) Mansukh L. Mandaviya (Union Minister of Health and Family Welfare)
      4) Sarbananda Sonowal (Union Minister of AYUSH)
      5) Parshottam Rupala (Union Minister of Fisheries, Animal Husbandry & Dairying)
      Answer-5) Parshottam Rupala (Union Minister of Fisheries, Animal Husbandry & Dairying)
      Explanation:
      On 26th June 2023, Parshottam Rupala , Union Minister of Fisheries, Animal Husbandry & Dairying launched a NANDI– NOC (No Objection Certificates) Approval for New Drug and Inoculation System Portal at Krishi Bhavan in New Delhi, Delhi to timely process the applications and grant NOC for veterinary drugs and vaccines.
      • The Department of Animal Husbandry and Dairying (DAHD) developed this portal through the Centre for Development of Advanced Computing (C-DAC) to enhance the regulatory approval process and ensure transparency in assessing and examining veterinary product proposals.
      i. The integration of the NANDI portal with the e-Governance solution for the Central Drugs Standard Control Organisation (CDSCO) under the Ministry of Health will streamline the approval process further.
      ii. The launch of the NANDI portal marks an important step taken by the DAHD in realising the objectives set out in its Animal Pandemic Preparedness Initiative (APPI).

    9. A new species of jumping ________ named ‘Hasarius mumbai’ was recently (in June ‘23) discovered from the Bombay Natural History Society’s (BNHS) conservation education centre (CEC) in Goregaon East, Mumbai, Maharashtra.
      1) Grasshopper
      2) Fish
      3) Frog
      4) Spider
      5) Snake
      Answer-4) Spider
      Explanation:
      A new species of jumping spider named ‘Hasarius mumbai’ was recently discovered from the rocks lying close to the streams at the Bombay Natural History Society’s (BNHS) conservation education centre (CEC) in Goregaon East, Mumbai (Maharashtra). The species is named after Mumbai, where it was found.
      i. The 33-acre nature reserve, inhabit to the ‘jumping spiders’, is “one of the few pristine mixed moist deciduous forest types in India” and shares its boundaries with the biodiverse landscapes of Sanjay Gandhi National Park (SGNP) and Film City in Aarey Milk Colony (AMC) of Mumbai, Maharashtra.

    10. When was the Micro, Small, and Medium-sized Enterprises (MSME) Day 2023 observed across the globe by the United Nations (UN)?
      1) 23rd June 2023
      2) 25th June 2023
      3) 27th June 2023
      4) 24th June 2023
      5) 26th June 2023
      Answer-3) 27th June 2023
      Explanation:
      The United Nations (UN)’s Micro, Small, and Medium-sized Enterprises (MSME) Day 2023 was observed across the world on 27th June 2023 to raise awareness about MSME’s contribution in achieving the 2030 Agenda of UN Sustainable Development Goals (SDGs).
      • 27th June 2023 marks the 6th Anniversary of MSME Day. The global celebration of MSME day is led by the International Trade Centre (ITC).
      • The first-ever MSME day was observed in collaboration with theInternational Council for Small Business (ICSB), the Permanent Mission of Argentina to the UN on 27th June 2017.
      i. On the eve of International MSME Day (27th June 2023), the Ministry of MSME, Government of India (GoI) is celebrating ‘Udyami Bharat (Enterprising India) -MSME Day’ on 27th June, 2023 at Vigyan Bhawan, New Delhi, Delhi.
      ii. The Ministry of MSME launched various initiatives for growth and development of MSMEs such as CHAMPIONS 2.0 Portal and Mobile App for Geo-tagging of Cluster Projects and Technology Centres at the event.