AffairsCloud brings you the complete and important daily Current Affairs Quiz 13,14 & 15 July 2024 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 2024 updates.
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- Which ministry has recently (in July ‘24) collaborated with the Institute of Chartered Accountants of India (ICAI) to develop an Artificial Intelligence (AI) Audit Tool for monitoring corporate India and detecting fraud?
1) Ministry of Finance (MoF)
2) Ministry of Communications (MoC)
3) Ministry of Electronics and Information Technology (MeitY)
4) Ministry of Skill Development and Entrepreneurship (MSDE)
5) Ministry of Corporate Affairs (MCA)Answer-3) Ministry of Electronics and Information Technology (MeitY)
Explanation:
The Institute of Chartered Accountants of India (ICAI) and Ministry of Electronics and Information Technology (MeitY) collaborate to develop an Artificial Intelligence (AI) Audit Tool for monitoring corporate India and detecting fraud.
i.This AI Audit Tool will use AI to assist and supervise company performance, identify fraud, and support the continued operation of businesses.
ii.The ICAI has allocated Rs.25 crore for the development of AI tools, with plans to expand the budget to Rs.100 crore. - Which country has recently (in July 2024) become the 5th full member of the Colombo Security Conclave (CSC)?
1) Spain
2) Bangladesh
3) Romania
4) Peru
5) SingaporeAnswer-2) Bangladesh
Explanation:
Bangladesh officially became the 5th full member of Conclave Security Conclave (CSC), a maritime security grouping of 4 countries that includes: India, Sri Lanka, Mauritius and the Maldives.
The official announcement was made during the 8th Deputy National Security Adviser (DNSA) meeting of CSC hosted virtually by Mauritius on 10th July, 2024.
While, Seychelles participated at the meeting as an Observer state.
Note: Mauritius became the 4th member of CSC at the 5th meeting of the grouping held in Male, Maldives in March 2022. - Which organisation has recently (in July 2024) secured a green loan worth Japanese Yen (JPY) 31.96 billion from the Deutsche Bank AG?
1) Power Grid Corporation of India Limited
2) Indian Renewable Energy Development Agency
3) National Solar Energy Federation of India
4) REC Limited
5) Energy Efficiency Services LimitedAnswer-4) REC Limited
Explanation:
REC Limited (formerly Rural Electrification Corporation Private Limited) has secured a 5-year green loan worth Japanese Yen (JPY) 31.96 billion (equivalent to USD 200 million) from Deutsche Bank AG, Gujarat International Finance Tec-City (GIFT City) branch in Gandhinagar, Gujarat.
This marks as a significant step towards financing sustainable development in India.
This strategic investment reaffirms REC’s commitment to foster sustainable growth under its Green Finance Framework.
The loan will fund projects that comply with the stringent environment standards, promote renewable energy adoption, and help to reduce carbon emission across India. - NPCI International Payments Limited (NIPL) has recently (in July 2024) signed an agreement with the _______________to introduce QR (Quick Response) code-based Unified Payments Interface (UPI) payments across _______________.
1) Central Bank of Sri Lanka; Sri Lanka
2) Central Reserve Bank of Peru; Peru
3) Qatar National Bank ; Qatar
4) Bank of Namibia; Namibia
5) Bank of London, the United KingdomAnswer-3) Qatar National Bank; Qatar
Explanation:
On July 11, 2024, NPCI International Payments Limited (NIPL), a wholly-owned subsidiary of the National Payments Corporation of India (NPCI), signed an agreement with Doha, Qatar-based Qatar National Bank (QNB) to introduce QR (Quick Response) code-based Unified Payments Interface (UPI) payments across Qatar.
This collaboration aims to make UPI payment acceptance available through QNB’s extensive merchant network, benefiting Indian travellers in Qatar.
Indians constitute the second largest group of international visitors to Qatar, after Saudi Arabia. - In July 2024, the Reserve Bank of India (RBI) expanded ___________ norms for Investment through GIFT–IFSC (Gujarat International Finance Tec-City- International Financial Services Centre).
1) Foreign Portfolio Investors
2) Liberalised Remittance Scheme
3) Offshore Funds
4) Ways and Means Advances limit
5) Derivative TradingAnswer-2) Liberalised Remittance Scheme
Explanation:
On 10th July 2024, the Reserve Bank of India (RBI) issued a circular and has decided to expand the scope of norms related to remittances to International Financial Services Centres (IFSCs) at Gujarat International Finance Tec-City (GIFT City) located in Gandhinagar, Gujarat under the Liberalised Remittance Scheme (LRS).
It has allowed authorised persons to provide remittances for availing financial services or products as per the International Financial Services Centres Authority (IFSCA) Act, 2019 within IFSCs.
RBI issued the new norms under sections 10(4) and 11(1) of the Foreign Exchange Management Act(FEMA), 1999 (42 of 1999) and are without prejudice to permissions or approvals, if any required under any other law. - Name the company that has recently (in July ‘24) obtained a sanction of Rs 6200 crore from the National Bank for Financing Infrastructure and Development (NaBFID).
1) REC Limited
2) Adani Group
3) Larsen & Toubro(L&T) Limited
4) ITC Limited
5) Greenko GroupAnswer-5) Greenko Group
Explanation:
Greenko Group, one of India’s leading Renewable Energy companies at Hyderabad(Telangana), has obtained a sanction of Rs 6200 crore from the government-backed National Bank for Financing Infrastructure and Development (NaBFID).i.Greenko plans to use these funds to prepay 2 sets of dollar bonds worth over USD 1 billion maturing in 2025 (January and July) and the disbursements will occur in tranches.
Greenko plans to borrow from Special Purpose Vehicles (SPVs) to prepay a $500 million bond maturing in January and another $535 million bond maturing in July 2024.
ii.The loan is structured through a co-obligator system involving 25 companies within Greenko, enhancing the credit rating to AA locally. - Who has been recently (in July 2024) appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of Paytm Payments Bank Limited (PPBL)?
1) Rakesh Singh
2) Arun Kumar Bansal
3) Hitesh Kumar Sethia
4) Ajith Kumar KK
5) Anubrata BiswasAnswer-2) Arun Kumar Bansal
Explanation:
Arun Kumar Bansal, former Executive Director (ED) of IDBI Bank Limited has been appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of Paytm Payments Bank Limited (PPBL).
He succeeds Surinder Chawla, who resigned from the position in April 2024 for personal reasons. Chawla was relieved from PPBL with effect from 26th June 2024. - International Malala Day is annually celebrated across the globe on _______________________ to honour the birthday of Pakistani Nobel Prize laureate Malala Yousafzai.
1) July 12
2) June 12
3) May 12
4) June 13
5) April 25Answer-1) July 12
Explanation:
International Malala Day, also known as Malala Day, is annually celebrated across the globe on 12 July to honour the birthday of Malala Yousafzai, a Pakistani female education activist and the youngest Nobel Prize laureate.
The day also recognises the fight for girls’ education and advocacy for education rights around the world.
On her 16th birthday (12 July 2013), Malala Yousafzai gave an impactful speech on her 1st high-level public appearance at the United Nations (UN) headquarters in New York, the United States of America (USA).
The UN declared her birthday as “Malala Day” and has been observed internationally for the 1st time on 12 July 2013. Click here to read more - When was the United Nations (UN’s) International Day of Combating Sand and Dust Storms (SDS) annually observed across the globe?
1) June 1
2) May 5
3) April 17
4) July 12
5) May 7Answer-4) July 12
Explanation:
The United Nations (UN) International Day of Combating Sand and Dust Storms (SDS) is annually observed across the globe on 12 July to raise global awareness of the growing health and environmental challenges posed by SDS.
12 July 2024 marks the observance of the 2nd International Day of Combating Sand and Dust Storms.
In 2024, the UNGA designated 2025–2034 as the UN Decade on Combating Sand and Dust Storms, to fight against the meteorological phenomena.
On 12 July 2024, on the occasion of the International Day of Combating SDS, the World Meteorological Organization (WMO) launched its annual report WMO Airborne Dust Bulletin, on the incidence of SDS and its impacts on society.
The first-ever International Day of Combating Sand and Dust Storms was observed on 12 July 2023.Click here to read more - Which state has recently (in July ‘24) launched the ‘Mukhyamantri Majhi Ladki Bahin Yojana (Chief Minister’s (CM’s) My Beloved Sister) 2024’ to promote economic independence among women?
1) Karnataka
2) Chhattisgarh
3) Maharashtra
4) Gujarat
5) BiharAnswer-3) Maharashtra
Explanation:
The Maharashtra government has launched the ‘Mukhyamantri Majhi Ladki Bahin Yojana (Chief Minister’s (CM’s) My Beloved Sister) 2024’ initiative in the state to promote economic independence among the women in Maharashtra.
Under this scheme, the state government will provide financial assistance of Rs 1,500 per month to all women beneficiary.The application for this programme is open until August 31, 2024.
The Women and Child Development Department of Maharashtra is the nodal department of this scheme.
The Maharashtra government has announced another women-oriented policy, making higher education free for girls belonging to the Economically Weaker Section (EWS), Socially and Economically Backward Classes (SEBC), and Other Backward Classes (OBC) with annual family incomes up to Rs 8 lakh in professional courses.
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