Current Affairs Quiz: July 1 2019

July 2, 2019

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AffairsCloud brings you the complete and important daily Current Affairs July 2019 Quiz 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 2019 updates.

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Questions Based on Current Affairs July 1 2019

Name the bill passed by parliament, that allowed trusts to establish units in Special Economic Zone (SEZs) .
1) Special Economic Zones Bill, 2019
2) Special Economic Zones for Trusts Bill, 2019
3) Special Economic Zones (Amendment) Bill, 2019
4) Special Economic Zones (Updated) Bill, 2019
5) None of these
Answer – 3) Special Economic Zones (Amendment) Bill, 2019
Explanation:
The Parliament passed The Special Economic Zones (Amendment) Bill, 2019 which became the first legislation to be passed by the newly constituted 17th Lok Sabha. It will replace the Special Economic Zones (Amendment) Ordinance, 2019, which was promulgated in March 2019 and amends Special Economic Zones (SEZ) Act 2005.The new bill amends the definition of “person” under Section 2(v) of the SEZ Act 2005 to include ‘trusts’. SEZs Act, 2005, did not permit ‘trusts’ to set up units in SEZs.According to the law, an individual, a Hindu divided family, a company, co-operative society or a firm fall in the definition of a “person”.As on March 31, 2019, the investment in SEZs was over Rs 5 lakh crore and the employment was over 20 lakh in SEZs. Exports from SEZs was more than Rs 7 lakh crore.
What is the name of the scheme launched by central government, that allow beneficiaries to buy subsidized foodgrains from any ration shop in the country ?
1) One Nation One Ration Card
2) One Ration One Nation
3) One Ration Card through Nation
4) One Nation and One Ration
5) None of these
Answer – 1) One Nation One Ration Card
Explanation:
The central government’s ambitious project of ‘One Nation One Ration Card’, under which beneficiaries can buy subsidized foodgrains from any ration shop in the country.
By which year the scheme, “One Nation One Ration Card” will be available to users in India ?
1) 1 June 2020
2) 1 July 2020
3) 1 December 2019
4) 1 April 2020
5) None of these
Answer – 2) 1 July 2020
Explanation:
The central government’s ambitious project of ‘One Nation One Ration Card’, under which beneficiaries can buy subsidized foodgrains from any ration shop in the country will begin on 1 July 2020. Deadline: The Centre has given states and Union Territories time till June 30, 2020, to use point of sale (PoS) machines in the ration shops and roll out the scheme. Present status: 77% of the ration shops across the country have PoS machines.Andhra Pradesh, Gujarat, Haryana, Jharkhand, Karnataka, Kerala, Maharashtra, Rajasthan, Telangana, and Tripura are the states already providing portability of Public Distribution System (PDS) entitlements.
Who will head the committee formed by Telecom Minister Ravi Shankar Prasad to look into the revival plans for Telecom sector which is under financial stress ?
1) Rajiv Gupta
2) Kamendra Kumar
3) Seshagiri Rao
4) Aruna Sundararajan
5) None of these
Answer – 4) Aruna Sundararajan
Explanation:
On June 28, 2019, Telecom Minister Ravi Shankar Prasad formed a committee headed by Telecom Secretary Aruna Sundararajan to look into the revival plans for Telecom sector which is under financial stress. It will review the issues in the sector and promote Ease of Doing Business (EDB).The committee will submit the report in 2 weeks time.It will look into the previous recommendations provided by the telecom regulator Telecom Regulatory Authority of India (TRAI) and will consult Solicitor General, if it requires any clarity on issues.
Where was the G20 (Group of 20) Summit 2019 held ?
1) Riyadh, Saudi Arabia
2) Buenos Aires, Argentina
3) Osaka, Japan
4) Beijing, China
5) None of these
Answer – 3) Osaka, Japan
Explanation:
The G20 (Group of 20) Summit 2019 was held at the International Exhibition Center, Osaka, Japan on June 28-29, 2019. It was the 14th meeting of the G20. The 2018 G20 Summit was held in Buenos Aires, Argentina and the 2020 G20 Summit will be held in the city of Riyadh, Saudi Arabia.
Which Indian state has exchanged a Letter of Intent (LoI) with Japanese city of Kobe for a sister city partnership to enhance economic relationships between the two vibrant cities ?
1) Chennai, Tamil Nadu
2) Ahmedabad, Gujarat
3) Mumbai, Maharashtra
4) Hyderabad, Telangana
5) None of these
Answer – 2) Ahmedabad, Gujarat
Explanation:
Authorities from the Japanese city of Kobe exchanged a Letter of Intent (LoI) with their counterparts in Ahmedabad, Gujarat for a sister city partnership. It will help to enhance economic relationships between the two vibrant cities as well as the two countries. In November 2016, Modi and his Japanese counterpart Shinzo Abe had inked a sister-state relationship MoU (memorandum of Understanding) for Gujarat and Hyogo prefecture in order to promote mutual cooperation between Gujarat and Hyogo in the fields of academics, business, cultural cooperation, disaster management and environmental protection.
_________ edition of Japan-America-India (JAI) trilateral talks held in Osaka, Japan ?
1) 2nd
2) 3rd
3) 4th
4) 5th
5) None of these
Answer – 1) 2nd
Explanation:
Modi, Trump, Abe held 2nd Japan-America-India (JAI) trilateral talks in Osaka, Japan. PM discussed on the Indo-Pacific region to improve connectivity and infrastructure development with US President Donald Trump and Japanese premier Shinzo Abe.
Which country has boycotted the “Osaka Track” on the “digital economy” along with South Africa and Indonesia during G20 meet?
1) China
2) Russia
3) U.S.
4) India
5) None of these
Answer – 4) India
Explanation:
India, South Africa, and Indonesia boycotted the “Osaka Track” on the “digital economy” as it overtly undermined “multilateral” principles of consensus-based decisions in global trade negotiations, and denied “policy space” for digital-industrialisation in developing countries. “Osaka Track” is a framework to promote cross-border data flow with enhanced protections, launched at the G20 summit in Japan.
Which two countries set an ambitious $50 billion target for bilateral trade by 2025 during G20 meet?
1) India and China
2) India and Japan
3) India and Indonesia
4) India and Russia
5) None of these
Answer – 3) India and Indonesia
Explanation:
India and Indonesia set an ambitious $50 billion target for bilateral trade by 2025 as PM and President of Indonesia, Joko Widodo discussed ways to deepen cooperation in a number of key areas including economy, defence and maritime security. PM met Brazil President, Jair Bolsonaro and held wide-ranging discussions on bilateral relationship, especially cooperation in trade & investment, agriculture and bio-fuels in the context of climate change.
At which position India was placed in terms of money parked by its citizens with Swiss banks by the end of 2018 ?
1) 73rd
2) 74th
3) 75th
4) 76th
5) None of these
Answer – 2) 74th
Explanation:
According to the annual banking statistics report compiled by the Swiss National Bank (SNB), India has slipped to 74th place in terms of money parked by its citizens with Swiss banks by the end of 2018. While with maximum holdings, UK (United Kingdom) has remained top in the list. i. India’s holding fell by nearly 6% in 2018 to 955 million Swiss francs (about Rs.6,757 crore)-a second-lowest level in over two decades.
Where was the first edition of the joint security exercise of International Security Alliance (ISA), ISALEX19 held ?
1) Abu Dhabi, UAE
2) Tehran, Iran
3) Doha, Qatar
4) Manama, Bahrain
5) None of these
Answer – 1) Abu Dhabi, UAE
Explanation:
On June 30, 2019, The first edition of the joint security exercise of International Security Alliance (ISA), ISALEX19 held in Abu Dhabi, UAE (United Arab Emirates). Aim The exercise was aimed at testing readiness of the different teams and to evaluate the tools, strategies, and procedures developed jointly between member countries.ISA: It was launched in Abu Dhabi in 2017 and comprises nine countries, the UAE, France, the Italian Republic, Bahrain, Morocco, Spain, Senegal, Singapore, and the Slovak Republic.Operation: Preventing and combating transnational organized extremist crimes through joint security cooperation projects.
Which country has abstained from voting on a United Nations General Assembly (UNGA) resolution to find the possibility to end the trade in goods used for capital punishment and torture recently ?
1) Russia
2) Srilanka
3) Pakistan
4) India
5) None of these
Answer – 4) India
Explanation:
India has abstained from voting on a United Nations General Assembly (UNGA) resolution to find the possibility to end the trade in goods used for capital punishment and torture.The First Secretary in India’s Permanent Mission to the UN (United Nations) Paulomi Tripathi stated that it was unacceptable to place death penalty on par with torture.Resolution: The UNGA (193 members) adopted the resolution ‘Towards torture-free trade: examining the feasibility, scope, and parameters for possible common international standards’.Result: 81 voted in favor, 20 voted against and 44 abstained from the resolution.
Name the anti-tank missile for which India has signed a acquisition deal with Russia worth around Rs 200 Crore .
1) Bumbar
2) Dehlavie
3) Strum Ataka
4) Mamba
5) None of these
Answer – 3) Strum Ataka
Explanation:
On June 30, 2019, The Government of India signed a deal with Russia for acquiring the ‘Strum Ataka’ anti-tank missiles. The deal is worth around Rs 200 Crore. It will give an added capability to the Mi-35 attack choppers to take out enemy tanks and other armored elements.The deal has been signed under the emergency clause as a result of which the missile would be delivered within a time of 3 months of the signing of the contract. Mi-35: These are IAF’s (Indian Air Force) existing attack choppers are set to be replaced with the Apache gunships being acquired from the US (United States).
Where was the Mahatma Gandhi IT and Biotechnology Park (MGIT-BP) inaugurated, which is build with Indian assistance ?
1) Cameroon
2) Cote d’Ivoire
3) Senegal
4) Burkina Faso
5) None of these
Answer – 2) Cote d’Ivoire
Explanation:
On June 27, 2019, The Mahatma Gandhi IT and Biotechnology Park (MGIT-BP), built with the assistance from India was inaugurated at Grand-Bassam in Cote d’Ivoire, a West African country. It was jointly inaugurated by Ambassador of India to Cote d’Ivoire, Sailas Thangal and Cote d’Ivoire’s Vice President, Daniel Kablan Duccan. MGIT-BP is an important milestone for the 150th celebration of the birth anniversary of Mahatma Gandhi.Nature: It is a dedicated Free Trade Zone (FTZ) for IT and Biotechnology.Fund: It was built through EXIM ( Export-Import) Bank’s Lines of Credit (LoC) of $20 million.
Which public sector bank has been authorised to issue 11th tranche of Electoral Bonds sale in India?
1) State Bank of India
2) Indian Bank
3) Canara Bank
4) Indian Overseas Bank
5) None of these
Answer – 1) State Bank of India
Explanation:
On June 27, 2019, The Mahatma Gandhi IT and Biotechnology Park (MGIT-BP), built with the assistance from India was inaugurated at Grand-Bassam in Cote d’Ivoire, a West African country. It was jointly inaugurated by Ambassador of India to Cote d’Ivoire, Sailas Thangal and Cote d’Ivoire’s Vice President, Daniel Kablan Duccan. MGIT-BP is an important milestone for the 150th celebration of the birth anniversary of Mahatma Gandhi.Nature: It is a dedicated Free Trade Zone (FTZ) for IT and Biotechnology.Fund: It was built through EXIM ( Export-Import) Bank’s Lines of Credit (LoC) of $20 million.
Name the entity, which formed a sub-committee to oversee the process of divestment of its assets and finalize the asset-wise framework of resolution with lenders ?
1) IFL Holdings Limited
2) Infrastructure Leasing & Financial Services Ltd
3) Dewan Housing Finance Corporation Ltd.
4) Larsen & Toubro Limited
5) None of these
Answer – 2) Infrastructure Leasing & Financial Services Ltd
Explanation:
On the lines of Reserve Bank of India’s June 7 circular on the resolution of bad loans, the debt-ridden Infrastructure Leasing & Financial Services Ltd. is constituting a sub-committee to oversee the process of divestment of its assets. The decision has been taken during its board meeting held on June 28.The six-member committee will comprise of 4 directors namely Vineet Nayyar, CS Rajan, Bijay Kumar, N Srinivasan, and COO N Sivaraman. They will discuss and finalize the asset-wise framework of resolution with lenders.LIC is the IL&FS biggest shareholder with a more than 25% stake while Japan’s ORIX Corp with a 23.54% stake and Abu Dhabi Investment Authority with 12.56%.
Which organization has been selected for the President’s Award for Excellent CSR (Corporate Social Responsibility) programme for introducing and implementing star rating scheme?
1) National Mineral Development Corporation(NMDC)
2) Steel Authority of India
3) Bharat Aluminium Company
4) National Aluminium Company Limited (NALCO)
5) None of these
Answer – 4) National Aluminium Company Limited (NALCO)
Explanation:
A Navaratna Company based on Odisha, The National Aluminium Company Limited (NALCO), has been selected for the President’s Award for Excellent CSR (Corporate Social Responsibility) programme. For introducing and implementing star rating schemes like ‘Nalco ki Ladli’, Corporate Affairs Department of the Central Government has selected the NALCO at the national level.Nalco ki Ladli: The flagship scheme provides learning and education opportunities for poor girl students belonging from the marginalized section.
Who was appointed for the additional post as CMD of Bharat Sanchar Nigam Ltd (BSNL) for a period of three months ?
1) Vivek Banzal
2) Suresh Kumar Gupta
3) P.K. Purwar
4) Anupam Srivastava
5) None of these
Answer – 3) P.K. Purwar
Explanation:
MTNL(Mahanagar Telephone Nigam Limited) Chairman and Managing Director (CMD) P.K. Purwar has accepted his additional post as CMD of Bharat Sanchar Nigam Ltd (BSNL) for a period of three months from July 1, 2019.Department of Telecommunications has appointed him as CMD of BSNL till the regular CMD will be appointed to the post.He succeeds Anupam Shrivastava who has resigned on 30.06.2019. Pawar will handle both organizations and he will follow the directions of DoT to solve the worst financial situation facing by BSNL.
Which country has recently test fired submarine-launched ballistic missile (SLBM), JL-3 ?
1) Russia
2) China
3) Srilanka
4) Japan
5) None of these
Answer – 2) China
Explanation:
On June 29,2019, China has tested its latest submarine-launched ballistic missile (SLBM), JL-3.The JL-3 is expected to have a range of around 14,000 kilometers, with a capacity to carry 10 independent guided nuclear warheads.It is expected to reach targets farther away with higher accuracy and capable of carrying more warheads than China’s current SLBMs.A submarine-launched ballistic missile (SLBM) is a ballistic missile capable of being launched from submarines.
Where was the 26th Asian junior Individual squash championship 2019 held ?
1) Macau, China
2) Tokyo, Japan
3) Kuala Lumpur, Malaysia
4) Moscow, Russia
5) None of these
Answer – 1) Macau, China
Explanation:
26th Asian junior Individual squash championship 2019 at Macau, China. It was organized by Macau Squash Association.
Veer Chotrani was in news recently, he is associated with which sport ?
1) Table Tennis
2) Tennis
3) Badminton
4) Squash
5) None of these
Answer – 4) Squash
Explanation:
Veer Chotrani became third Indian after he won 26th Asian junior Individual squash championship 2019 in the U-19 category at Macau, China. It was organized by Macau Squash Association. He beat another Indian seed Yash Fadte at final. Ravi Dixit and Vela Senthilkumar were the earlier Asian junior Individual squash champions from India.In the girls’ U-15 final, India’s Yuvna Gupta settled for silver after she lost to Aira Binti Azman of Malaysia.
Who has won the 2019 Austrian Grand Prix?
1) Lewis Hamilton
2) Sebastian Vettel
3) Max Verstappen
4) Valtteri Bottas
5) None of these
Answer – 3) Max Verstappen
Explanation:
Red Bull’s Max Verstappen (Belgium) beat Ferrari’s Charles Leclerc and won the 2019 Austrian Grand Prix. Mercedes Valtteri Bottas who met continuous wins finishes with third and Ferrari’s Sebastian Vettel became fourth.Five-times world champion, Mercedes Lewis Hamilton finished with fifth place.
On which date, 2nd anniversary of GST(Goods and Services Tax) is observed ?
1) June 30
2) July 1
3) June 29
4) June 28
5) None of these
Answer – 2) July 1
Explanation:
On July 1, 2019, The Government of India celebrated the 2nd anniversary of GST(Goods and Services Tax). On this occasion, the Finance Ministry, Government of India introduced the new return system on a trial basis on this day, which will come into force from 1st of October, 2019. First GST Day was celebrated on 1 July 2018.New GST return system: Sahaj and Sugam returns for small taxpayers are proposed by the Finance ministry.Single Cash Ledger: Rationalisation of Cash Ledger in such a manner that earlier 20 heads are merged into 5 major heads. There is only one Cash Ledger for Tax, interest, penalty, fee & others.
What was the theme of National Doctor’s day 2019 ?
1) Theme – “Zero tolerance to violence against doctors and clinical establishment”
2) Theme – “Still Standing Strong”
3) Theme – “Lifting Up Voices”
4) Theme – “Let’s grow the future together”
5) None of these
Answer – 1) Theme – “Zero tolerance to violence against doctors and clinical establishment”
Explanation:
National Doctors’ Day was celebrated throughout India on July 1, 2019. It aims to raise awareness about the importance of doctors and the crucial role they play in our day to day lives. The theme of National Doctor’s day 2019 is “Zero tolerance to violence against doctors and clinical establishment”. It is meant to raise awareness about violence happening with doctors across India. This day marks the birth and death anniversary of the most famous physician of India Dr. Bidhan Chandra Roy (Dr. B C Roy).Dr. B C Roy was born on 1st July 1882. He had played a crucial role in the formation of the Indian Medical Association in 1928 and also in the formation of the Medical Council of India (MCI).

Static GK Quiz based on Current Affairs:

Kansai International Airport is located in which country ?
Answer – Osaka, Japan
Who is the President of Asian Squash Federation ?
Answer – David Y.Y. Mui
What is the Capital and Currency of Cote d’Ivoire ?
Answer – Capital: Yamoussoukro & Currency: CFA franc, West African CFA franc
Where is the headquarter of Swiss National Bank located ?
Answer – Bern‎ and ‎Zurich
Who is the President of 73rd session of United Nations General Assembly (UNGA)?
Answer – María Fernanda Espinosa

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