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Current Affairs Quiz: 30 & 31 July 2023

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 30 & 31 July 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 July 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. In which state, the President Droupadi Murmu has recently (in July ‘23) laid the foundation stone for the “Divine Light House” of Prajapita Brahma Kumaris Ishwariya Vishwa Vidyalaya (PBKIVV)?
      1) Odisha
      2) West Bengal
      3) Andhra Pradesh
      4) Maharashtra
      5) Telangana
      Answer-1) Odisha
      Explanation:
      On 27th July 2023, President Droupadi Murmu laid the foundation stone for the “Divine Light House” of Prajapita Brahma Kumaris Ishwariya Vishwa Vidyalaya (PBKIVV) at Dasabatia, Tamando, Bhubaneswar (Odisha) during her 3 day visit to Odisha from July 25 to 27 2023.
      i. The President also launched the 2023 theme of PBKIVV, “The Year of Positive Change” for conducting national seminar and conferences

    2. Which of the following points is/are “correct” with respect to the step taken by the Insurance Regulatory and Development Authority of India (IRDAI), as of July 2023?
      A) Tata AIA Life Insurance Company Ltd has been appointed as the “Lead Insurer” for the State of Uttar Pradesh & Arunachal Pradesh by the Insurance Regulatory and Development Authority of India (IRDAI).
      B) Liberty General Insurance Ltd was appointed as the Lead Insurer for Delhi by the IRDAI under State Insurance plan.
      C) Cholamandalam (Chola) MS General Insurance Company Ltd has been appointed ‘Lead Insurer‘ for the state of West Bengal by the IRDAI.

      1) Only A
      2) Only A & B
      3) Only B & C
      4) Only A & C
      5) All A, B & C
      Answer-3) Only B & C
      Explanation:
      Max Life Insurance Company Ltd (Max Life) has been appointed as the “Lead Insurer” for the State of Uttar Pradesh (UP) by the Insurance Regulatory and Development Authority of India (IRDAI). This move is part of IRDAI’s state insurance plan to enhance financial awareness and insurance inclusion.
      i. Max Life has also been appointed as the Lead Insurer for Arunachal Pradesh.
      ii. Liberty General Insurance Ltd was appointed as the Lead Insurer for Delhi by the IRDAI under State Insurance plan.
      iii. Cholamandalam (Chola) MS General Insurance Company Ltd, a joint venture (JV) of the Murugappa Group and Mitsui Sumitomo Insurance Company Ltd, Japan, has been appointed ‘Lead Insurer‘ for the state of West Bengal by the IRDAI in line with the its vision of “Insurance for All by 2047” (State Insurance Plan) to increase insurance awareness and penetration throughout West Bengal.

    3. Name the bank that has recently (in July ‘23) included by the Reserve Bank of India (RBI) in the list of Scheduled Banks under Schedule II of RBI Act, 1934.
      1) Mizuho Bank (Japan)
      2) NongHyup Bank (South Korea)
      3) Suncorp Bank (United Kingdom)
      4) Commonwealth Bank (Australia)
      5) Shinhan Bank (South Korea)
      Answer-2) NongHyup Bank (South Korea)
      Explanation:
      Reserve Bank of India (RBI) released a notification addressing all the banks regarding the inclusion of ‘NongHyup Bank’ in the Second Schedule to the Reserve Bank of India Act, 1934.
      i. As per the RBI notification, NongHyup Bank has been officially included in the Second Schedule of the RBI Act 1934 and published in the Gazette of India (Part III – Section 4).
      ii. The notification informs all the banks about the addition of NongHyup Bank to the regulated list.
      iii. NongHyup Bank (NH Bank), established in 2012, is a commercial bank headquartered in Seoul, South Korea.

    4. Name the company that has recently (in July ‘23) signed an MoU with Indian Railway Finance Corporation (IRFC) to collaborate & develop rail infrastructure projects
      1) Amtek Railcar Industries
      2) RailTel Corporation of India Limited
      3) Rail Vikas Nigam Limited
      4) Engineers India Limited
      5) RITES Limited
      Answer-5) RITES Limited
      Explanation:
      RITES Limited (formerly known as Rail India Technical and Economic Service Limited), a Miniratna (Category-I) and Schedule ‘A’ Central Public Sector Enterprise (CPSE) under the Ministry of Railways, signed a Memorandum of Understanding (MoU) with Indian Railway Finance Corporation (IRFC) to explore possibilities of mutual collaboration in the railway eco-system and the transport infrastructure sector.
      i. As part of the MoU, RITES will offer consultancy and advisory services and help in finding out the financial and technical viability of projects, while IRFC will provide financial services to projects/institutions that have got backward and or forward linkages with the Railways.

    5. In July 2023, the Ministry of Youth Affairs and Sports (MoYAS) recognised the ____________ (Association/Federation) as a National Sports Federation (NSF) status.
      1) Equestrian Federation of India
      2) Yachting Association of India
      3) Handball Association of India
      4) Squash Rackets Federation of India
      5) Rowing Federation of India
      Answer-3) Handball Association of India
      Explanation:
      On 25th July 2023,the Ministry of Youth Affairs and Sports (MoYAS) recognised the Handball Association of India (HAI) as a National Sports Federation (NSF) status for the promotion and regulation of handball with immediate effect.
      i. Recognition was granted with a view to run the affairs of handball.
      ii. HAI is also affiliated to the International Handball Federation(IHF), the Asian Handball Federation(AHF) and the Indian Olympic Association(IOA).
      iii. Newly Elected Office Bearers of HAI:
      • President – Digvijay Singh Chautala
      • Secretary General – Jagan Mohan Rao
      • Treasurer – Thakur Tejraj Singh

    6. Who was recently (in July ‘23) honoured with the Global Education Mentor (GEM) Award 2023 – Lifetime Achievement Award?
      1) Prem Prakash
      2) Aparajita Gupta
      3) Sanjiv Prakash
      4) Tanya Sharma
      5) Garima Tyagi
      Answer- 1) Prem Prakash
      Explanation:
      On 26th July 2023, Prem Prakash, a renowned journalist and Founder & Chairman of Asian News International (ANI), was honoured with the Global Education Mentor (GEM) Award 2023 – Lifetime Achievement Award, recognising his significant contributions to the field of education and journalism throughout his lifetime.
      i. He was honoured with the award at the GEM Awards 2023-24 program organised at Dr. Ambedkar International Centre (DAIC), in New Delhi, Delhi.
      ii. The program was graced by the Union Minister Gajendra Singh Shekhawat, Ministry of Jal Shakti and other prominent personalities from the education sector and so on.

    7. Name the Insurance Company that has recently (in July ‘23) partnered with JM Financial Services Limited (JM Financial) to expand its product offerings and market presence across India.
      1) ICICI Prudential Life Insurance
      2) HDFC Life Insurance
      3) Max Life Insurance
      4) Future Generali India Life Insurance
      5) Bajaj Allianz Life Insurance
      Answer-4) Future Generali India Life Insurance
      Explanation:
      Future Generali India Life Insurance Company Limited (FGILI), a joint venture (JV) between the Generali Group and the Future Group, partnered with JM Financial Services Limited (JM Financial), an integrated and diversified financial services group, to expand its product offerings and market presence across India.
      i. The partnership will help the insurer expand its product portfolio and leverage the distribution and financial advisory capabilities of JM Financial to offer innovative products.
      ii. It will enable FGILI to reach a larger customer base of 2.20 lakh and serve the various needs of individuals, corporations, and financial institutions.

    8. Name the world’s largest commercial communications satellite that was recently (in July ‘23) launched by the Space Exploration Technologies Corporation (SpaceX)’s Falcon Heavy Rocket.
      1) Crew Dragon mission
      2) Hughes JUPITER 3 mission
      3) Axiom Mission 1
      4) RazakSAT
      5) Merlin 1D mission
      Answer-2) Hughes JUPITER 3 mission
      Explanation:
      On 28th July 2023, Space Exploration Technologies Corporation (SpaceX)’s Falcon Heavy Rocket launched the Hughes JUPITER 3 mission (EchoStar XXIV), the world’s largest commercial communications satellite, to the Geosynchronous Transfer Orbit(GTO) from Launch Complex 39A (LC-39A) at Kennedy Space Center in Florida, the United States of America(USA).
      i. This mark’s Falcon Heavy’s 7th launch since its debut in 2018 and the 3rd launch and SpaceX’s 51st mission in 2023.
      Note: With the total payload mass of 9.2 metric tons, Jupiter 3 is the heaviest geostationary satellite ever launched.

    9. When was the International Tiger Day 2023 observed across the globe?
      1) 25th July 2023
      2) 26th July 2023
      3) 29th July 2023
      4) 28th July 2023
      5) 27th July 2023
      Answer-3) 29th July 2023
      Explanation:
      International Tiger Day, also known as Global Tiger Day, is annually observed across the globe on 29th July to raise awareness about the need for tiger conservation and the threats faced by the endangered species. (Scientific name: Panthera tigris, belongs to genus Panthera)
      i. 29th July 2023, marks the 13th International Tiger Day.
      ii. The 1st international tiger day was observed on 29th july 2010.
      iii. The TX2 (Tigers times two) goal is a global commitment to double the world’s wild tigers by 2022.

    10. Name the state government that has recently (in July ‘23) signed an MoU with the United Kingdom (UK) governments to set up a botanical garden & green rating framework for industrial de-carbonization.
      1) Maharashtra
      2) Telangana
      3) Andhra Pradesh
      4) Kerala
      5) Tamil Nadu
      Answer- 5) Tamil Nadu
      Explanation:
      On 27th July 2023, the Tamil Nadu (TN) and United Kingdom (UK) governments signed a Memorandum of understanding (MoU) in Chennai, TN during the 4th G20 Environment & Climate Sustainability Working Group(ECSWG) Meeting to set up a botanical garden and also envisages launching projects to conserve mangroves, forests and wetlands, besides releasing a green rating framework for industrial de-carbonization in TN.
      i. UK Partnering for Accelerated Climate Transitions (UK PACT’s) mangrove project was launched by Therese Coffey, Secretary of State for Environment, Food and Rural Affairs of the UK.
      ii. The project demonstrates how community MRV (Measuring, Reporting and Verification) can be codesigned, co produced and implemented through inclusive community-based mechanisms.