Current Affairs Quiz 18th July 2023 For Bank Exam

Table of Contents

18th July 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:

Treaty of Amity and Cooperation
Bhoomi Samman 2023 award
Local Currency Settlement System
Eastern Cross Taxiway

18th July 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 18th July Current Affairs 2023 Quiz covering the following topics Headlines: Treaty of Amity and Cooperation, Bhoomi Samman 2023 award, Local Currency Settlement System, Eastern Cross Taxiway, HDFC Bank.

Q1. Which country recently became the 51st member to accede to the Treaty of Amity and Cooperation (TAC) with ASEAN?
(a) Ukraine
(b) Papua New Guinea
(c) Saudi Arabia
(d) Indonesia
(e) Malaysia

Answer & Explanation

S1. Ans.(c)
Sol. Saudi Arabia officially became the 51st country to accede to the TAC during the 56th ASEAN Foreign Ministers’ Meeting in Jakarta. This accession highlights Saudi Arabia’s commitment to adhere to ASEAN’s values and principles, fostering cooperation and contributing to peace and stability in Southeast Asia and beyond.

Q2. What is the purpose of the “Bhoomi Samman” 2023 award presented by the President of India?
(a) To recognize outstanding performance in digitalizing agriculture data
(b) To appreciate efforts in achieving saturation of core components of DILRMP
(c) To acknowledge excellence in renewable energy projects
(d) To honor contributions to education initiatives
(e) To celebrate achievements in space exploration

Answer & Explanation

S2. Ans.(b)
Sol. To appreciate efforts in achieving saturation of core components of DILRMP (Digital India Land Records Modernization Programme). The “Bhoomi Samman” award is presented to State Secretaries, District Collectors, and their teams for their exceptional performance in digitalizing land records.

Q3. Which act provides for the disqualification of elected lawmakers in India in case of conviction in criminal cases?
(a) Representation of People Act, 1951
(b) Wildlife Protection Act, 1972
(c) Tenth Schedule of the Constitution
(d) Indian Penal Code
(e) Criminal Procedure Code

Answer & Explanation

S3. Ans.(a)
Sol. According to the discussion on Rahul Gandhi’s disqualification, Section 8(3) of the Representation of People Act plays a role in disqualifying lawmakers if they are convicted in certain criminal cases.

Q4. What is the purpose of the Memorandum of Understanding (MoU) signed between India and the UAE for the establishment of a Local Currency Settlement System (LCSS)?
(a) To promote bilateral tourism between the two nations
(b) To facilitate cross-border transactions in INR and AED
(c) To enhance cooperation in the energy sector
(d) To collaborate on climate change initiatives
(e) To establish an offshore campus of IIT-Delhi in the UAE

Answer & Explanation

S4. Ans.(b)
Sol. The MoU aims to establish a Local Currency Settlement System (LCSS) to promote the use of Indian Rupee (INR) and UAE Dirham (AED) for cross-border transactions between India and the UAE.

Q5. Which Indian institution is set to establish a campus in Abu Dhabi, UAE?
(a) IIT Bombay
(b) IIT Madras
(c) IIT Delhi
(d) IIT Kanpur
(e) IIT Kharagpur

Answer & Explanation

S5. Ans.(c)
Sol. India’s Ministry of Education and Abu Dhabi’s Education and Knowledge Department signed an MoU to establish an IIT Delhi campus in Abu Dhabi, UAE.

Q6. How much reduction in CO2 emissions is expected with the implementation of the Eastern Cross Taxiway (ECT) and the fourth runway at Delhi Airport?
(a) 10,000 tons annually
(b) 30,000 tons annually
(c) 45,000 tons annually
(d) 55,000 tons annually
(e) 75,000 tons annually

Answer & Explanation

S6. Ans.(d)
Sol. The ECT and the fourth runway are projected to lead to a reduction of almost 55,000 tons of CO2 emissions annually, contributing to environmental sustainability.

Q7. How does HDFC Bank rank globally among the largest lenders in terms of market capitalization?
(a) Second largest lender
(b) Third largest lender
(c) Fourth largest lender
(d) Fifth largest lender
(e) Seventh largest lender

Answer & Explanation

S7. Ans.(e)
Sol. HDFC Bank is currently the world’s seventh-largest lender in terms of market capitalization, with a market value of over $151 billion.

Q8. What is the significance of ICAR’s Technology Day celebration?
(a) To honor farmers for their contribution to agricultural research
(b) To promote advancements in technology in the agricultural sector
(c) To highlight the importance of sustainable farming practices
(d) To showcase research and technological achievements in agriculture
(e) None of the above

Answer & Explanation

S8. Ans.(d)
Sol. ICAR’s Technology Day celebration is a platform to showcase the organization’s research and technological advancements in the agricultural sector, promoting innovations and sustainable practices for the benefit of farmers and agriculture as a whole.

Q9. What is “Mobile-Dost” launched by Jammu and Kashmir?
(a) A mobile application for tourists visiting Jammu and Kashmir
(b) A mobile-based healthcare service for rural communities
(c) A mobile app for digital payments and transactions
(d) A mobile-friendly website for government services
(e) A mobile network for remote areas of Jammu and Kashmir

Answer & Explanation

S9. Ans.(b)
Sol. “Mobile-Dost” is a mobile application launched by Jammu and Kashmir to provide healthcare services to rural communities through mobile technology.

Q10. Which ministry releases the Consumer Price Index in India?
(a) Ministry of Finance
(b) Ministry of Commerce and Industry
(c) Ministry of Statistics and Programme Implementation
(d) Ministry of Labour and Employment
(e) Ministry of Economic Affairs

Answer & Explanation

S10. Ans.(c)
Sol. The Consumer Price Index is released by the National Statistical Office (NSO) in the Ministry of Statistics and Programme Implementation.

Q11. What is Project Gajah Kotha?
(a) A wildlife conservation initiative in Assam
(b) A government-led project to build schools in rural areas
(c) An agricultural development project in Assam
(d) A healthcare program for senior citizens in Assam
(e) A cultural festival to promote local arts in Assam

Answer & Explanation

S11. Ans.(a)
Sol. Project Gajah Kotha is a wildlife conservation project aimed at protecting and preserving the endangered elephants in the state of Assam, India.

Q12. When does National Zoological Park, New Delhi celebrate World Snake Day 2023?
(a) 1st January
(b) 15th July
(c) 22nd April
(d) 5th June
(e) 16th October

Answer & Explanation

S12. Ans.(b)
Sol. National Zoological Park, New Delhi celebrates World Snake Day on 15th July 2023.

Q13. What is the name of the joint military exercise conducted between India and Mongolia in 2023?
(a) Desert Storm
(b) Genghis Khan
(c) Nomadic Elephant
(d) Himalayan Thunder
(e) Steppes Warrior

Answer & Explanation

S13. Ans.(c)
Sol. “Nomadic Elephant – 2023” is the joint military exercise conducted between India and Mongolia.

Q14. What is the base year for the Consumer Price Index?
(a) 2004-05
(b) 2011-12
(c) 2012
(d) 2016
(e) 2020

Answer & Explanation

S14. Ans.(c)
Sol. The base year for the Consumer Price Index in India is 2012. However, the Ministry of Labour and Employment recently released a new series of Consumer Price Index for Industrial Worker (CPI-IW) with a base year of 2016.

Q15. Which airport became the first in India to have four runways?
(a) Mumbai Airport
(b) Kolkata Airport
(c) Indira Gandhi International Airport, Delhi
(d) Chennai Airport
(e) Bengaluru Airport

Answer & Explanation

S15. Ans.(c)
Sol. Indira Gandhi International Airport, Delhi. The airport achieved a significant milestone by becoming India’s first airport to have four runways.