Current Affairs quiz 2022, Daily gk updates and Current affairs is playing a major role in any competitive exam. so here we are providing the current affairs quiz on daily basis for Bank, SSC, Railway and Other Government Competitive Examinations.
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Q.1. The Taiwanese government will establish a Taipei Economic and Cultural Center (TECC) in which city as part of a broader aim to further deepen cooperation with India?
Exp. Taiwan to set up Taipei Economic and Cultural Center in Mumbai
The Taiwanese government will establish a Taipei Economic and Cultural Center (TECC) in Mumbai as part of a broader aim to further deepen cooperation with India.
At present, Taiwan has TECCs in Delhi and Chennai.
Taiwan’s decision to set up the TECC in India’s financial capital came at a time when leading Taiwanese companies are increasingly looking at relocating their production bases from China to India.
India is keen on having production facilities of leading Taiwanese chip producers, including Taiwan Semiconductor Manufacturing Corporation (TSMC), the world’s largest chipmaker whose clients included Apple.
Since the TECC in Chennai was set up in 2012, nearly 60 percent of all Taiwanese businesses investing and opening factories in India have chosen to develop their operations in southern India.
In 1995, New Delhi set up the India-Taipei Association (ITA) in Taipei to promote interactions between the two sides and to facilitate business, tourism and cultural exchanges.
Though India and Taiwan do not have formal diplomatic ties, the bilateral trade relations have been on an upswing.
About Taiwan
Capital- Taipei City
Currency- New Taiwan dollar
President -Chen Chien-jen
Q.2. As part of India’s G20 Presidency, the 4th edition of the Space Economy Leaders Meeting has begun in which city?
Exp. 4th edition of the Space Economy Leaders Meeting begin in Bengaluru
As part of India’s G20 Presidency, the 4th edition of the Space Economy Leaders Meeting has started in Bengaluru.
The Chairman of ISRO S Somanath informed that partnerships between space agencies, industries, and start-ups were discussed during the meeting.
The theme of the meeting, namely towards a new space era -Economy, Responsibility, and the alliance was extensively discussed during the Heads of Space Agencies session.
The discussion also covered the possibilities of the rule of law in space, guidelines and regulations in space missions, the possibility of upgrading the G20 Space Economy Leaders forum, and how to bring new countries into the space sector, helping them to build rockets and ground stations.
G20 in News (Note – All Meetings are Under the Presidency of G20 by India)
G20 Research and Innovation Initiative Gathering (RIIG) Summit and Research Ministers’ Meeting – Mumbai, Maharashtra (4 – 5 July 2023)
Startup20 Shikhar Summit – Gurugram, Haryana (3 July 2023)
U20 Engagement Group of Mayoral Summit – Ahmedabad, Gujarat (7 – 8 July 2023)
G-20 Labour Engagement Summit – Patna, Bihar (22 – 23 June 2023)
Q.3. Which state government has decided to allow all restaurants across the state to remain open 24×7?
The Haryana government decided to allow all restaurants across the state to remain open 24×7. There will be no restriction on them to close at night.
The decision was announced by Deputy Chief Minister Dushyant Chautala.
Keeping in mind the convenience of the restaurants and the general public, the restaurant owners of the state who want to keep their restaurants open for 24 hours in the future, can keep them open.
No one can force them to shut down, but they will have to register with the Labour Department and follow other terms and conditions (Section 9 and 10 of the Punjab Shops and Commercial Establishments Act, 1958).”
Section 9 of the Punjab Shops and Commercial Establishments Act, 1958, caters to “Opening and Closing Hours of establishments”. It mentions, “Government shall, by notification, fix the opening and closing hours of all classes of establishments.
Section 10 of the Act mentions about the “Close Day” of the establishment under which the employer can alter the operational timings by informing the government prior to implementing such timings.
If any restaurant owner feels that someone is harassing them unnecessarily, they can register their complaint through email on MSME’s mail id — hepcharyana@gmail.com.
About Haryana
Capital – Chandigarh
Chief Minister – Manohar Lal Khattar
Governor – Bandaru Dattatreya
Q.4. The University of Jaffna has signed an MoU with which IITs to foster academic collaboration and promote research initiatives?
Exp. University of Jaffna & IIT Madras sign MoU for promote research initiatives
The University of Jaffna has signed an MoU with IIT Madras to foster academic collaboration and promote research initiatives.
This initiative aims to enhance cross-cultural learning experiences and promote academic diversity.
The MoU entails a range of opportunities for both institutions, including student and faculty exchanges. Initially, the exchange program will facilitate the transfer of approximately 10 students and faculty members each year at the undergraduate and postgraduate levels.
IIT Madras has generously offered its expertise to support the establishment of joint research platforms in this domain. Additionally, the University of Jaffna intends to establish an incubation cell, modeled after the successful unit at IIT Madras.
IITs in News
IIT Kanpur successfully conducts test flight for cloud seeding
YES Bank collaborates with IIT Kanpur to offer support to Incubated Startups
BITS Pilani develops face mask with sensor to check for Illness
IIT Madras partnered with DRDO to develop sensor technology for underwater communications
Exp. IFFCO to procure 2500 agricultural drones to spray fertilizers
To promote the use of nano fertilizers across the country, IFFCO will procure 2,500 agri-drones and train 5,000-odd rural entrepreneurs as part of its national campaign launched in July 2023.
Already, IFFCO has signed an agreement for procurement of drones, to be used for spraying of its products nano urea and nano di-ammonium phosphate (DAP), in a phased manner.
IFFCO will also procure 2,500 electric three-wheelers (loader type) to carry the drone to farmers’ field along with nano fertilisers and associated utilities.
It is expected that one agri-drone would be able to cover 20 acres per day for spraying IFFCO nano fertilizers and bio-stimulants like Sagarika, Agrochemicals, etc with backup.
These EV 3-wheelers are environment friendly, the cooperative said, adding this will also support recently launched scheme PM-PRANAM that aims to reduce chemical fertilizers and promote alternative fertilizers.
Q.6. Shravani Mela 2023, one of the largest religious congregations in the country’s eastern region, was inaugurated in which state?
Exp. Gujarat government doubles insurance cover under Pradhan Mantri Jan Arogya scheme
Gujarat state government has doubled the insurance coverage under Pradhan Mantri Jan Aarogya Yojana.
Now, the beneficiaries of PMAY will get an insurance cover of Rs 10 lakhs instead of the earlier 5 lakhs.
The decision will benefit nearly 1.78 crore Ayushman Bharat cardholders in the state. The beneficiaries will get a free of cost medical treatment over two thousand government hospitals and 795 private hospitals in the state under PMAY.
More than 39 lakh claims have been received in Gujarat under PMAY. The state ranks fifth in the country in terms of number of claims and has secured second position in terms of amount of claims cleared under PMAY so far.
The claims worth over 2800 crore have been cleared in the state so far.
About Gujarat
Capital- Gandhinagar
Chief Minister- Bhupendra Rajnikant Patel
Governor- Acharya Devvrat
Q.8. Bandhan Mutual Fund has launched an open-ended equity scheme, Bandhan Financial Services Fund. Where is the headquarters of Bandhan Bank?
Exp. Bandhan Mutual Fund launched Bandhan Financial Services fund
Bandhan Mutual Fund has launched an open-ended equity scheme, Bandhan Financial Services Fund.
This new scheme offers investors the opportunity to benefit from the multi-year growth opportunities in the financial services sector.
This new fund will open on July 10 for subscription and will close on July 24, 2023.
The Bandhan Financial Services Fund will use a 3-factor model for stock selection. The fund manager will prioritize the stock’s Earnings Trajectory, Management Quality, and Competitive Positioning, thereby focusing on both the quality and growth aspects of the portfolio.
Bandhan Financial Services Fund has a bottom-up stock selection approach with flexible allocation across market cap segments, facilitating focus on growth-oriented companies that have proven competitive positioning, good management quality, and a robust earnings trajectory.
About Bandhan Bank
Founded – 2001
Founder – Chandra Shekhar Ghosh
Headquarters – Kolkata
MD & CEO – Chandra Shekhar Ghosh
Chairperson – Anup Kumar Sinha
Q.9. Which bank has become the first bank to officially roll out Mahila Samman Savings Certificate (MSSC) scheme?
Exp. Bank of India becomes first bank to offer Mahila Samman Savings Certificate
Bank of India, one of the largest public sector banks (PSBs) in the country, has become the first bank to officially roll out Mahila Samman Savings Certificate (MSSC) scheme.
The scheme was announced by Union Finance Minister Nirmala Sitharaman during her Budget Speech 2023.
The scheme offers an interest rate of 7.5 percent per annum, compounded quarterly.
Individual girls or women can open an account under the Mahila Samman Savings Certificate scheme or a guardian can open an account on behalf of a minor girl.
The account will mature after two years from the date of opening. Accounts under this scheme can be opened until March 31, 2025.
According to a statement by the bank, while the minimum investment is Rs 1,000, any sum in multiples of Rs 100 can be deposited, up to a maximum limit of Rs 2 lakh.
Individuals can open multiple accounts with a gap of three months between each account, subject to the overall investment cap of Rs 2 lakh.
Account closure can be requested by the customer in case of emergencies or at their discretion, with a penalty of 2 percent after six months from the date of account opening, and the applicable interest rate will be 5.5 percent.
Account holders can also make partial withdrawals, up to 40 percent of the eligible balance, after one year from the date of opening the account.
All earnings under the Mahila Samman Savings Certificate will be taxable as per existing income tax provisions. However, TDS (Tax Deducted at Source) will not be deducted under the scheme.
About Bank of India (BOI)
Founded- 7 September 1906
Founder- Ramnarain Ruia
Headquarters- Mumbai
MD & CEO – Rajneesh Karnatak
Tagline – Relationship beyond Banking
Q.10. China’s QU Dongyu was re-elected to a second term as Director-General of which organization?
Exp. Quick Heal Technologies appoints Vishal Salvi as CEO
Global cybersecurity solutions provider, Quick Heal Technologies Ltd has appointed Vishal Salvi as the new Chief Executive Officer (CEO) with immediate effect.
Vishal Salvi, a former executive at Infosys, has over 29 years of experience in the cybersecurity and information technology domains in India and globally.
Prior to joining Quick Heal Technologies, Salvi held the position of Global Chief Information Security Officer, Business Head of the Cybersecurity Service Line & Senior Vice President at Infosys Ltd.
Salvi’s extensive expertise in cybersecurity and information technology has been honed through various leadership roles at renowned organizations such as PwC, HDFC Bank, Standard Chartered Bank, Global Trust Bank, Development Credit Bank, and Crompton Greaves.
Kailash Katkar will continue in the role of Chairman and Managing Director.
Quick Heal is an Indian multinational cybersecurity software company, headquartered in Pune, Maharashtra, India.
Recent Appointment
MD and CEO of Hindustan Unilever – Rohit Jawa (replace Sanjiv Mehta)
President of BRICS Chamber of Commerce and Industry Women’s Vertical – Ruby Sinha
Chairman of the Delhi Electricity Regulatory Commission (DERC) – Umesh Kumar (replace Rajeev Kr. Shrivastava)
MD & CEO of PTC India Financial Services Ltd (PFS) – Mahendra Lodha
Chairman of GIFT City – Hasmukh Adhia (replace Sudhir Mankad)
Q.13. Who has been elected as the President of the Basketball Federation of India (BFI)?
Exp. India win gold in Junior mixed team at World Archery Youth Championship 2023
India’s Priyansh and Avneet Kaur won gold in the junior mixed team compound event, defeating Israel 146-144 in a keenly-contested final of the World Archery Youth Championships.
India’s Manav Jadhav and Aishwarya Sharma also won a bronze medal defeating Mexico in the cadet mixed compound event.
The event is taking place at the University of Limerick in the west of Ireland from July 3-9
Q.15. World Chocolate Day is celebrated every year on which day?
विश्वचॉकलेटदिवसप्रत्येकवर्षकिसदिनमनायाजाताहै?
(a) 9 July / 9 जुलाई
(b) 8 July / 8 जुलाई
(c) 5 July / 5 जुलाई
(d) 6 July / 6 जुलाई
(e) 7 July / 7 जुलाई
Answer & Explanation
Ans.15.(e)
Exp. 7 July – World Chocolate Day
World Chocolate Day is celebrated every year on July 7.
This special occasion pays tribute to one of life’s most delightful indulgences.
On this day, chocolate enthusiasts of all ages come together to relish their favorite treats, be it a plain chocolate bar, a decadent truffle, or a delectable chocolate cake.
Established in 2009, World Chocolate Day commemorates the anniversary of chocolate’s introduction to Europe in 1550.
Before 1550, chocolate was primarily available in specific countries across South and Central America, such as Mexico. However, foreign explorers desired to bring this special treat to the European continent.