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Current Affairs Quiz 13th June 2023 For Bank Exam

13th June Current Affairs 2023 Quiz: Here, we are providing the June Current Affairs Quiz. These types of topics are important for candidates who prepare for Bank Exam 2023. In this article, we are covering the following topics Headlines:

  • President Droupadi Murmu
  • NBFC Growth Accelerator Program
  • Exploration of Coal and Lignite Scheme
  • Coal India Limited
  • US Geological Survey

13th June Current Affairs 2023 Quiz

The Current Affairs 2023 section constitutes a major part of the General Awareness section in a competitive examination and plays an instrumental role. To supplement your preparation for the General Awareness Section of the upcoming exams like IBPS PO/Clerk Mains, SBI PO Mains and SEBI Grade A Prelims, we are providing you 13 June Current Affairs 2023 Quiz covering the following topics Headlines: President Droupadi Murmu, NBFC Growth Accelerator Program, Exploration of Coal and Lignite Scheme, Coal India Limited, US Geological Survey.

Q1. India and Serbia have set an ambitious target of achieving a bilateral trade volume of one billion euros by the end of the decade. President Droupadi Murmu of India and her Serbian counterpart,_____, have expressed their commitment to strengthen bilateral relations and explore new areas of cooperation.
(a) Aleksandar Vucic
(b) Milo Ðukanovic
(c) Zoran Milanovic
(d) Tomislav Nikolic
(e) Kolinda Grabar-Kitarovic

Q2. What is one of the key measures announced by the RBI to strengthen urban co-operative banks?
(a) Allowing them to open new branches
(b) Implementing stricter lending regulations
(c) Decreasing the time frame to meet priority sector lending targets
(d) Removing the need for board approval in policy decisions
(e) None of the above

Q3. What is the primary objective of the NBFC Growth Accelerator Program (NGAP) launched by GAME and SIDBI?
(a) To provide affordable services to larger NBFCs
(b) To address funding challenges faced by MSMEs
(c) To increase the availability of bank loans for small NBFCs
(d) To train entrepreneurs in tier two and tier three cities
(e) None of the above

Q4. Which sector(s) are included in the priority sector lending targets for urban co-operative banks?
(a) Agriculture
(b) Education
(c) Housing
(d) Micro, small, and medium enterprises (MSMEs)
(e) All of the above

Q5. Which sector of MSMEs will primarily benefit from the NBFC Growth Accelerator Program (NGAP)?
(a) Tier one cities
(b) Tier two and tier three cities
(c) Rural areas
(d) Large-scale enterprises
(e) None of the above

Q6. What is the name of the world’s most powerful hypersonic wind tunnel recently completed in China?
(a) JF-12
(b) JF-22
(c) JF-30
(d) JF-10
(e) JF-25

Q7. What is the primary objective of the ‘Exploration of Coal and Lignite Scheme’?
(a) Promoting coal exports to other countries
(b) Assessing the presence, quantity, and quality of coal and lignite resources
(c) Eliminating the use of coal as an energy source
(d) Encouraging investment in renewable energy projects
(e) None of the above

Q8. What is the definition of hypersonic speed?
(a) Speed greater than the speed of sound
(b) Speed greater than Mach 5
(c) Speed greater than Mach 10
(d) Speed greater than Mach 20
(e) Speed greater than Mach 30

Q9. How much funding has been allocated for detailed drilling in non-Coal India Limited (CIL) areas under the ‘Exploration of Coal and Lignite Scheme’?
(a) ?100 crore
(b) ?330 crore
(c) ?650 crore
(d) ?1,330 crore
(e) ?2,980 crore

Q10. The US Geological Survey (USGS) has downgraded the safety alert for the Kilauea volcano, following a new eruption. Where is the Kilauea volcano located?
(a) Maui
(b) Oahu
(c) Kauai
(d) Big Island
(e) Molokai

Q11. Who launched the ‘Sagar Samriddhi’ online dredging monitoring system?
(a) Prime Minister of India
(b) Minister of Environment, Forest and Climate Change
(c) Minister of Ports, Shipping and Waterways
(d) Minister of Finance
(e) Minister of Railways

Q12. How are the geological reports generated through the explorations utilized under the ‘Exploration of Coal and Lignite Scheme’?
(a) They are sold to private companies for profit
(b) They are used for academic research purposes only
(c) They aid in the auctioning of new coal blocks
(d) They are kept confidential by the government
(e) They are utilized for international collaborations in the coal sector

Q13. How many Grand Slam titles has Novak Djokovic won after the French Open 2023 victory?
(a) 20
(b) 21
(c) 22
(d) 23
(e) 24

Q14. World Day Against Child Labour, observed on June 12th, aims to inspire a global movement against child labour. The International Labour Organization initiated this event in 2002, turning it into an international occasion. What is the theme for World Day Against Child Labour 2023?
(a) “Education for All. End Child Labour!”
(b) “Health and Safety for All. End Child Labour!”
(c) “Equality for All. End Child Labour!”
(d) “Social Justice for All. End Child Labour!”
(e) “Poverty Alleviation for All. End Child Labour!”

Q15. Australia won the World Test Championship 2021-23. Who was awarded the Player of the Match in the World Test Championship Final?
(a) Travis Head
(b) Steve Smith
(c) Scott Boland
(d) Nathan Lyon
(e) Mitchell Starc

Solutions

S1. Ans.(a)
Sol. Aleksandar Vucic is the current President of Serbia as of 2023. President Droupadi Murmu and Serbian President Aleksandar Vucic agreed to set a target for bilateral trade between the two countries to reach one billion euros, aiming to surpass the current trade volume of 32 crore Euros.

S2. Ans.(a)
Sol. The RBI has notified that urban co-operative banks can now open new branches without prior approval, up to a maximum of 10% of the total number of branches in the previous financial year.

S3. Ans.(b)
Sol. The NGAP aims to ease the funding woes of micro, small, and medium enterprises (MSMEs) by focusing on capacity building for smaller Non-Banking Financial Companies (NBFCs).

S4. Ans.(e)
Sol. Priority sector lending targets for urban co-operative banks include sectors such as agriculture, education, housing, and micro, small, and medium enterprises (MSMEs), among others.

S5. Ans.(b)
Sol. NGAP aims to support smaller NBFCs that primarily lend to micro and small businesses in tier two and tier three cities.

S6. Ans.(b)
Sol. China has achieved a major milestone in its pursuit of hypersonic technology with the completion of the world’s most powerful wind tunnel. Known as the JF-22, this groundbreaking facility is set to play a pivotal role in China’s hypersonic ambitions, enabling the country to make significant strides in the development of hypersonic vehicles.

S7. Ans.(b)
Sol. Assessing the presence, quantity, and quality of coal and lignite resources, the primary objective of the scheme is to explore and evaluate the coal and lignite resources in India.

S8. Ans.(b)
Sol. Hypersonic speed is defined as a speed greater than Mach 5, where Mach 1 represents the speed of sound. Mach 5 corresponds to approximately 3,836 miles per hour (6,174 kilometers per hour) or 1.7 kilometers per second.

S9. Ans.(d)
Sol. Unveiling Potential The ‘Exploration of Coal and Lignite Scheme’ also allocates ?1,330 crore for detailed drilling in non-CIL areas, covering about 650 square kilometers.

S10. Ans.(d)
Sol. The Kilauea volcano is located on the southeastern shore of Hawaii’s Big Island.

S11. Ans.(c)
Sol. The Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, launched the ‘Sagar Samriddhi’ online dredging monitoring system as part of the ‘Waste to Wealth’ initiative of the ministry. The National Technology Centre for Ports, Waterways and Coasts (NTCPWC) developed the system, which replaces the old Draft and Loading Monitor system and offers improved efficiency and transparency.

S12. Ans.(c)
Sol. The geological reports generated through the exploration efforts play a vital role in the auctioning process of new coal blocks, providing valuable information to potential allocatees for informed decision-making.

S13. Ans.(d)
Sol. Novak Djokovic won his men’s-record 23rd Grand Slam title with a victory over Casper Ruud in French Open Final. Djokovic broke a tie with rival Rafael Nadal for the most major singles trophies in the history of men’s tennis.

S14. Ans.(d)
Sol. The theme for World Day Against Child Labour 2023 is “Social Justice for All. End Child Labour!” This theme highlights the connection between social justice and the issue of child labour.

S15. Ans.(a)
Sol. Travis Head was awarded the Player of the Match in the World Test Championship Final. Australia clinched the title of World Test Champions in a commanding fashion, securing a resounding 209-run victory over India in the thrilling WTC Final at The Oval.

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FAQs

What is one of the key measures announced by the RBI to strengthen urban co-operative banks?

Allowing them to open new branches

What is the primary objective of the NBFC Growth Accelerator Program (NGAP) launched by GAME and SIDBI?

To address funding challenges faced by MSMEs