AffairsCloud brings you the complete and important daily Current Affairs Quiz 2 August 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 of the following points is/are “correct” with respect to the Geographical Indications (GI) tags granted by the Geographical Indications Registry, as of August 2023?
A) Geographical Indications Registry under the Department of Industry Promotion and Internal Trade, Ministry of Commerce and Industry has granted GI tags for 7 new products from 3 states– 4 from Rajasthan, 2 from Goa and 1 from Uttar Pradesh.
B) 3 new products of TN namely Tirunelveli’s Chedibutta saree, Kanniyakumari’s Matti banana, and Tiruvannamalai’s Jaderi namakatti were also given GI tag status.
C) With the addition of 3 new products, Tamil Nadu (TN) has become the 2nd state with 61 GI tagged products.
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C
5) All A, B & C
Answer & Explanation
Answer-2) Only A & B
Explanation:
Geographical Indications Registry headquartered in Chennai (Tamil Nadu) under the Department of Industry Promotion and Internal Trade (DIPIT), Ministry of Commerce and Industry (MoCI) has granted Geographical Indications (GI) tags for 7 new products from 3 states– 4 from Rajasthan, 2 from Goa and 1 from Uttar Pradesh (UP).
• Udaipur Koftgari Metal Craft, Bikaner Kashidakari Craft, Bikaner Usta Kala Craft & Jodhpur Bandhej Craft from Rajasthan, Goa Mankur Mango (Malcorado or Mankurad) & Goan Bebinca from Goa and Jalesar Metal Craft (Jalesar Dhatu Shilp) from UP.
i. Tamil Nadu (TN) has now become the state with a maximum of 58 Geographical Indication (GI) tagged products with the addition of 3 new products of TN namely Tirunelveli’s Chedibutta saree, Kanniyakumari’s Matti banana, and Tiruvannamalai’s Jaderi namakatti.
ii. Uttar Pradesh holds the second position with 53 GI products followed by Karnataka (48), Kerala (36) and Maharashtra (34).
- In July 2023, the Supreme Court (SC) of India introduced new guidelines named as Guidelines for Designation of Senior Advocates by the Supreme Court of India, 2023 for the designation of senior advocates practising in the Supreme Court of India.
The new guidelines prescribe a minimum age of ____________ for applying for the ‘senior advocate’ designation and minimum of 10 years of standing (mainly in Supreme Court).
1) 40 years
2) 45 years
3) 42 years
4) 50 years
5) 48 years
Answer & Explanation
Answer-2) 45 years
Explanation:
The Supreme Court (SC) of India has introduced new guidelines named as Guidelines for Designation of Senior Advocates by the Supreme Court of India, 2023 for the designation of senior advocates practising in the Supreme Court of India.It replaced the guidelines issued in 2018.
• The new guidelines prescribe a minimum age of 45 years for applying for the ‘senior advocate’ designation and minimum of 10 years of standing(mainly in Supreme Court).
• This age limit can be relaxed by the Committee, the Chief Justice of India (CJI) or a Supreme Court judge if they recommend an advocate’s name.
• The new guidelines mention that “any Judge of the Supreme Court” can recommend an advocate’s name in addition to the Chief Justice of India.
• The weightage for reported and unreported judgments, excluding those that don’t establish legal principles, has been increased from 40 to 50 points.
• Guidelines reduced the marks for “publication of academic articles” from 15 to 5.
- Name the fintech company that has recently (in July ‘23) collaborated with the National Payments Corporation of India (NPCI), to introduce RuPay credit card-based Unified Payments Interface (UPI) payments.
1) CRED
2) PhonePe
3) Razorpay
4) Paytm
5) Freecharge
Answer & Explanation
Answer-1) CRED
Explanation:
CRED, a Bengaluru (Karnataka) based fintech company, in collaboration with the National Payments Corporation of India (NPCI), introduced RuPay credit card-based Unified Payments Interface (UPI) payments for CRED members.
i. Multiple payment options for UPI will be now available for the CRED members such as linking their Rupay Credit Card, Peer-to-Peer (P2P), Scan and Pay, and paying on online merchants.
Note: Currently, the CRED app is the 4th most preferred UPI app.
- As per the data released by Controller General of Accounts(CGA) under Department of Expenditure, Ministry of Finance in July 2023, the fiscal deficit for first quarter (Q1 – April 2023 to June 2023) stood at Rs __________ , accounting for 25.3% of annual estimates for the financial year 2023-2024 (FY2024).
1) 5.20 trillion
2) 4.20 trillion
3) 3.21 trillion
4) 2.98 trillion
5) 4.51 trillion
Answer & Explanation
Answer-5) 4.51 trillion
Explanation:
Based on the data released by Controller General of Accounts(CGA) under Department of Expenditure, Ministry of Finance on 31st July 2023, the fiscal deficit for first quarter (Q1 – April 2023 to June 2023) stood at Rs 4.51 trillion(USD 54.86 billion) as against the full year estimate of Rs 17.86 trillion, accounting for 25.3% of annual estimates for the financial year 2023-2024(FY2024).
i. It was lower at Rs 3.5 trillion or 21.2% of the Budget estimate in the corresponding period in FY 2022-2023 (FY23).
ii. The rise in fiscal deficit is attributed to increased capital expenditure and accelerated tax devolution to state governments, which offset the sharp increase in non-tax revenues.
- Which company has recently (in August ‘23) signed an MoU with Brookfield Asset Management to manufacture renewable energy and decarbonization equipment in Australia?
1) REC Limited
2) Adani Green Energy Limited
3) Reliance Industries Limited
4) Power Grid Corporation of India Limited
5) Bharat Heavy Electricals Limited
Answer & Explanation
Answer-3) Reliance Industries Limited
Explanation:
Brookfield Asset Management signed a Memorandum of Understanding (MoU) with Reliance Industries Limited (RIL) to explore opportunities to manufacture renewable energy and decarbonization equipment in Australia.
i. The MoU with RIL is a part of Brookfield’s efforts to bring global manufacturing technology and expertise to Australia.
ii. The MoU aims to accelerate and de-risk Australia’s energy transition by enabling it to locally produce clean energy equipment such as photovoltaic (PV) modules, long-duration battery storage, and components for wind energy which will help Australia transition to a net zero future
- In July 2023, the Pegasus Universal Aerospace Team, led by __________, won the 2022/2023 National Science and Technology Forum (NSTF)-South32 Awards under the Innovation Award: Small, Medium and Micro Enterprise (SMME) category.
1) Kailash Chand
2) Jonathan Jansen
3) Vivek Murthy
4) Shiv Pande
5) Mohamed Reza Mia
Answer & Explanation
Answer-5) Mohamed Reza Mia
Explanation:
Team of Johannesburg (South Africa) based- Pegasus Universal Aerospace (PUA) Company, led by its Chairman Mohamed Reza Mia, an Indian-origin South African, won the 2022/2023 National Science and Technology Forum (NSTF)-South32 Awards for outstanding contributions to Science, Engineering, Technology (SET) and innovation in SA for the category “Innovation Award: Small, Medium and Micro Enterprise (SMME)“.
i. The Innovation Award was won by the Pegasus Universal Aerospace team, recognised for the design and development of a vertical take-off and landing (VTOL) aircraft.
ii. The design and development of VTOL aircraft is expected to create between 7 000 and 11 000 new jobs.
- Who was recently (in July ‘23) appointed as the Chairman and Managing Director (CMD) of Engineering Projects (India) Ltd (EPI)?
1) Vinod Kumar Yadav
2) Shivendra Nath
3) Dhirendra Singh Rana
4) Ashok Shankarrao
5) Rajesh Kumar
Answer & Explanation
Answer-2) Shivendra Nath
Explanation:
On 27th July 2023, the Public Enterprise Selection Board (PESB) panel selected Shivendra Nath for the post of Chairman and Managing Director (CMD), Engineering Projects (India) Ltd (EPI), a Public Sector Undertaking (PSU) under the Ministry of Heavy Industries.
i. He is currently serving as the Senior General Manager of Bharat Sanchar Nigam Limited (BSNL), a PSU under the Department of Telecommunications, Ministry of Communications.
ii. He will replace Dhirendra Singh Rana, the incumbent CMD of EPI, who took charge in 2019 and is scheduled to retire on September 30, 2023.
- Who has been recently (in July ‘23) appointed as the Director of the National Assessment and Accreditation Council (NAAC)?
1) Sivakumaran
2) M. Arivazhagan
3) Ganesan Kannabiran
4) Bhaskar Bhat
5) G. Aghila
Answer & Explanation
Answer-3) Ganesan Kannabiran
Explanation:
On 28th July 2023, Professor Ganesan Kannabiran, a former Dean of Research & Consultancy and Director in charge of the National Institute of Technology (NIT)- Trichy (Tiruchirappalli, Tamil Nadu), assumed charge as the new Director of the National Assessment and Accreditation Council (NAAC) in Bengaluru, Karnataka, and his tenure will be for 5 years.
i. He replaced Prof. S. C. Sharma, who served as the Director of NAAC from May 2018 to May 2023.
- When was the Muslim Women’s Rights Day 2023 observed across India to commemorate the enactment of Muslim Women (Protection of Rights on Marriage) Act, 2019?
1) 30th July 2023
2) 1st August 2023
3) 29th July 2023
4) 2nd August 2023
5) 31st July 2023
Answer & Explanation
Answer-2) 1st August 2023
Explanation:
The Muslim Women’s Rights Day is annually celebrated across India on 1st August to commemorate the enactment of Muslim Women (Protection of Rights on Marriage) Act, 2019, which prohibits the practice of triple talaq in India.
i. 1st August 2023 marks the observance of the 4th Muslim Women’s Rights Day. The 1st ever Muslim Women Rights Day was observed on 1st August 2020.
ii. The term ‘Talaq’ derives from an Arabic verse which means ‘freeing or undoing the knot‘ that refers to a divorce or dissolution of marriage.
iii. Under Muslim law, Triple talaq means liberty from the relationship of marriage, eventually or immediately.
iv. This instant divorce is called Triple Talaq, also known as Talaq-e-biddat.
- Which state government has recently (in August’ 23) launched LEAP (Launch, Empower, Accelerate, Prosper) Coworks membership card?
1) Andhra Pradesh
2) Karnataka
3) Tamil Nadu
4) Kerala
5) Telangana
Answer & Explanation
Answer-4) Kerala
Explanation:
On 1st August 2023, Kerala Chief Minister (CM) Pinarayi Vijayan launched the Statewide membership card of Kerala Startup Mission’s (KSUM) ‘LEAP (Launch, Empower, Accelerate, Prosper) Coworks’ and also inaugurated the refurbished headquarters of the KSUM at the Thejaswini Building in Technopark Phase 1 in Thiruvananthapuram, Kerala.
i. Chief minister Pinarayi Vijayan also inaugurated the operations of the first phase of India’s first Digital Science Park.
Note – Kerala has achieved significant milestones with the establishment of India’s first Digital University named Kerala University of Digital Sciences, Innovation and Technology ,as well as India’s first technology park.
- Which of the following points is/are “correct” with respect to the Geographical Indications (GI) tags granted by the Geographical Indications Registry, as of August 2023?
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