Current Affairs 18 July 2023

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Current Affairs Quiz: 18 July 2023

July 18, 2023 Current Affairs MCQs

Specially Designed for UPSC-related exams, and State Level Group-1 & Group-2 Exams

Also Useful for SSC-CGL, SSC CHSL, SSC MTS, CDS, RRB, and all other Competitive Exams

1Q) Which of the following country eyeing controversial solar geoengineering to counter global warming titled Solar radiation management (SRM)?

(A) China

(B) Russia

(C) US

(D) UK

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⇨ The United States is eyeing controversial solar geoengineering to counter global warming titled Solar radiation management (SRM), which involves reflecting a small fraction of sunlight into space.

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Downto Earth   Click Here

2Q) Recently, the popular Singapore Exchange (SGX) NIFTY started trading from GIFT City in which of the following state?

(A) Karnataka

(B) Maharashtra

(C) Delhi

(D) Gujarat

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⇨ The popular Singapore Exchange (SGX) NIFTY started trading from GIFT City in Gujarat, executing over 30,000 trades in a single session.

⇨ This is the first cross-border initiative in connecting India and Singapore’s capital markets.

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Indian Express   Click Here

3Q) Which of the following are the key initiatives taken by India as Chairman of SCO 2022-23?

(1) The theme of India's chairpersonship of SCO is "Towards a SECURE SCO".

(2) India has created five new pillars and focus areas for cooperation in the SCO.

(3) Varanasi was declared the first tourism and cultural capital of SCO.

(A) 1 Only

(B) 1 and 2 Only

(C) 2 Only

(D) 1, 2, and 3

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⇨ key initiatives taken by India as Chairman of SCO 2022-23:

⇨ The theme of India's chairpersonship of SCO is "Towards a SECURE SCO".

⇨ Varanasi was declared the first tourism and cultural capital of SCO.

⇨ India has created five new pillars and focus areas for cooperation in the SCO, Those are:

⇨ (1) Startups and Innovation

⇨ (2) Traditional Medicine

⇨ (3) Youth Empowerment

⇨ (4) Digital Inclusion

⇨ (5) Shared Buddhist Heritage

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The Hindu   Click Here

Financial Express   Click Here

4Q) RBI rejects three applications for small finance bank licenses. In this context, Which of the following statement is correct regarding Small Finance Banks (SFBs)?

(1) SFBs are established with the objective of providing credit to small business units.

(2) SFBs are established with the objective of providing credit to small and marginal farmers.

(A) 1 Only

(B) 2 Only

(C) Both 1 and 2

(D) Neither 1 Nor 2

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⇨ About Small Finance Banks (SFBs):

⇨ SFBs are established with the objective of providing credit to small business units.

⇨ SFBs are established with the objective of providing credit to small and marginal farmers.

⇨ Small Finance Banks are registered as public limited companies under the Companies Act 2013.

⇨ SFBs are licensed under section 22 of the Banking Regulation, 1949.

⇨ They should set up at least 25% of their branches in unbanked rural areas.

⇨ The maximum loan size of SFBs is limited to 10% of its capital funds for single and 15% for group obligors.

⇨ 75% of its net credits should be in priority sector lending.

⇨ 50% of the loans in its portfolio must be in ₹25 lakh.

⇨ Examples of SFBs are Capital Small Finance Bank, Ujjivan, Utkarsh, etc.

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Economic Times   Click Here

5Q) Which of the following district in India is known as the "Egg City"?

(A) Pudukkottai

(B) Cuddalore

(C) Tharangambadi

(D) Namakkal

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⇨ Namakkal is known as the Egg City due to its large egg production and Transport city.

⇨ Namakkal in Tamil Nadu is the second largest egg producer in India after Andhra Pradesh.

⇨ The main importer of Namakkal eggs is the United Arab Emirates.

⇨ Every month, around eight crore eggs are exported from Namakkal to Muscat, Qatar, Dubai, and South Africa.

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Down to Earth   Click Here

The Hindu   Click Here

6Q) Recently, which of the following ministry has launched a “Scheme for Expansion and Modernization of Fire Services in the States” with a total outlay of Rs.5,000 Crore?

(A) Ministry of Corporate Affairs (MCA)

(B) Ministry of Defence (MoD)

(C) Ministry of Finance (MoF)

(D) Ministry of Home Affairs (MHA)

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⇨ The Union Ministry of Home Affairs has launched a “Scheme for Expansion and Modernization of Fire Services in the States” with a total outlay of Rs.5,000 Crore.

⇨ Objective of the scheme is to expand and modernize Fire Services within National Disaster Response Fund (NDRF) with a view that activities for strengthening fire services at the State-level through preparedness and the capacity-building component of the NDRF will be ensured.

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PIB   Click Here

7Q) Because which of the following virus attack is responsible for tomato crop loss in Maharashtra and Karnataka?

(1) Cucumber mosaic virus (CMV)

(2) Tomato mosaic virus (ToMV)

(A) 1 Only

(B) 2 Only

(C) Both 1 and 2

(D) Neither 1 Nor 2

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⇨ Tomato growers in Maharashtra and Karnataka have blamed that because of two different viruses for the loss of yields earlier this year.

⇨ Farmers in Maharashtra have said their tomato crop was impacted by attacks of the cucumber mosaic virus (CMV), while growers in Karnataka and other South Indian states have blamed the tomato mosaic virus (ToMV) for crop losses.

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Indian Express   Click Here

8Q) Zaporizhzhya Nuclear Power Plant is often in recent news, located in which of the following country?

(A) Japan

(B) Germany

(C) Russia

(D) Ukraine

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⇨ The Zaporizhzhia Nuclear Power Station is located in the Ukraine country.

⇨ It is the largest nuclear power plant in Europe.

⇨ It is located on the banks of the Dnieper River.

⇨ It is 200 kilometers from the conflicted Donbas region.

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The Hindu   Click Here

9Q) Which of the following sea separated the supercontinents of Gondwana and Laurasia?

(A) Paleozoic Ocean

(B) Kahiltna-Nutotzin Ocean

(C) Oimyakon Ocean

(D) Tethys Ocean

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⇨ The Indian Ocean Geoid Low (IOGL) comprises slabs from the Tethys Ocean which separated the supercontinents of Gondwana and Laurasia.

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Hindustan Times   Click Here

10Q) Which of the following phenomena is a prediction of Albert Einstein’s General Theory of Relativity?

(1) Light is affected by gravity.

(2) The Universe is constantly expanding.

(3) Matter warps its surrounding space-time.

(A) 1 and 2 Only

(B) 2 and 3 Only

(C) 1 and 3 Only

(D) 1, 2, and 3

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⇨ Below ones are some predictions made from Albert Einstein’s General Theory of Relativity:

⇨ Light is affected by gravity.

⇨ The Universe is constantly expanding.

⇨ Matter warps its surrounding space-time.

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The Hindu   Click Here

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