Current Affairs Quiz 09th July 2023 For Bank Exam

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09th July Current Affairs 2023 Quiz: Here, we are providing the July 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:

Shravani Mela
FIH Pro League 2022-23
Mudra loans
Pradhan Mantri Jan Aarogya Yojana
Pangong Tso Lake

09th 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 09th July Current Affairs 2023 Quiz covering the following topics Headlines: Shravani Mela, FIH Pro League 2022-23, Mudra loans, Pradhan Mantri Jan Aarogya Yojana, Pangong Tso Lake.

Q1. State Agriculture Minister Badal Patralekh inaugurated the Shravani Mela with traditional rituals and prayers. Which of the following is true about the Baba Baidyanathdham Temple?
(a) It is a famous Buddhist temple.
(b) It is located in Varanasi.
(c) It is a Jain pilgrimage site.
(d) It is recognized as one of the 12 Jyotirlingas.
(e) It is dedicated to the goddess Durga.

Answer & Explanation

S1. Ans.(d)
Sol. Baba Baidyanathdham Temple, located in Deoghar, is recognized as one of the 12 Jyotirlingas, which are the most revered and sacred Shiva temples in the country.

Q2. Tomato farmers in Maharashtra and Karnataka have attributed the decline in their yields earlier this year to two distinct viruses. Those in Maharashtra reported that their tomato crops were adversely affected by the cucumber mosaic virus (CMV), whereas growers in Karnataka and other South Indian states attributed their losses to the tomato mosaic virus (ToMV). Which viral family does the tomato mosaic virus (ToMV) belong to?
(a) Virgaviridae
(b) Cucumoviridae
(c) Tymoviridae
(d) Tobamoviridae
(e) Potyviridae

Answer & Explanation

S2. Ans.(a)
Sol. The tomato mosaic virus (ToMV) is a member of the Virgaviridae family, which is closely related to the tobacco mosaic virus (TMV).

Q3. Taiwan has recently announced its plans to open a third representative office in India, specifically in Mumbai, as a significant step towards strengthening economic linkages between the two nations. What percentage of the world’s most advanced logic chips and smartphone chipsets does Taiwan produce as of 2022?
(a) 10%
(b) 30%
(c) 50%
(d) 70%
(e) 90%

Answer & Explanation

S3. Ans.(e)
Sol. Taiwan produces 90% of the world’s most advanced logic chips and 70% of smartphone chipsets, making it a critical player in the global semiconductor industry.

Q4. India has joined the Champions Group of the Global Crisis Response Group (GCRG) at the invitation of the UN Secretary-General. The GCRG was established in March 2022 to address urgent global issues in food security, energy, and finance, and to coordinate a global response. Who has been designated as the Sherpa to the GCRG process?
(a) Narendra Modi
(b) Antonio Guterres
(c) Sanjay Verma
(d) Barbados
(e) Denmark

Answer & Explanation

S4. Ans.(c)
Sol. Sanjay Verma, Secretary (West) in the Ministry of External Affairs, has been designated as the Sherpa to the GCRG process.

Q5. Which countries are currently part of the Champions Group in the GCRG?
(a) India, Bangladesh, Barbados, Denmark, Germany, Indonesia, and Senegal
(b) Bangladesh, Barbados, Denmark, Germany, Indonesia, and Senegal
(c) India, Barbados, Denmark, Germany, Indonesia, and Senegal
(d) Bangladesh, Barbados, Denmark, Germany, and Senegal
(e) India, Bangladesh, Denmark, Germany, Indonesia, and Senegal

Answer & Explanation

S5. Ans.(b)
Sol. Bangladesh, Barbados, Denmark, Germany, Indonesia, and Senegal, these countries are currently part of the Champions Group in the GCRG.

Q6. Which position did the Indian men’s hockey team finish in the FIH Pro League 2022-23?
(a) First
(b) Second
(c) Third
(d) Fourth
(e) Fifth

Answer & Explanation

S6. Ans.(d)
Sol. The Indian men’s hockey team finished fourth in the FIH Pro League 2022-23.

Q7. The collapse of the Dutch government due to differences on migration policy has set the stage for a highly contentious election campaign in November. Who is the longest-serving leader in the Netherlands?
(a) Mark Rutte
(b) Sigrid Kaag
(c) Wopke Hoekstra
(d) Carola Schouten
(e) Caroline van der Plas

Answer & Explanation

S7. Ans.(a)
Sol. Mark Rutte is the longest-serving leader in the Netherlands and has been in office since 2010.

Q8. Which rate provides a safety valve for banks to meet unforeseen liquidity requirements by borrowing funds from the RBI against the collateral of government securities?
(a) Repo Rate
(b) Reverse Repo Rate
(c) Cash Reserve Ratio (CRR)
(d) Statutory Liquidity Ratio (SLR)
(e) Marginal Standing Facility (MSF) Rate

Answer & Explanation

S8. Ans.(e)
Sol. The MSF rate allows banks to borrow overnight funds from the RBI against the collateral of government securities in case of unforeseen liquidity requirements.

Q9.What is the disbursal growth of PMMY loans in the first quarter of FY24 compared to the same quarter of the previous year?
(a) 10%
(b) 15%
(c) 20%
(d) 23%
(e) 25%

Answer & Explanation

S9. Ans.(d)
Sol. The disbursal of PMMY loans increased by 23% to ?81,597 crore in the first quarter of FY24, compared to ?62,650 crore in the same quarter of the previous year.

Q10. What was the average size of Mudra loans in FY23?
(a) 50,392
(b) 61,238
(c) 68,571
(d) 73,489
(e) 85,624

Answer & Explanation

S10. Ans.(d)
Sol. The average size of Mudra loans increased to ?73,489 in FY23.

Q11. What is the new insurance cover provided under Pradhan Mantri Jan Aarogya Yojana in Gujarat?
(a) Rs 2 lakhs
(b) Rs 5 lakhs
(c) Rs 7 lakhs
(d) Rs 10 lakhs
(e) Rs 15 lakhs

Answer & Explanation

S11. Ans.(d)
Sol. The insurance cover under Pradhan Mantri Jan Aarogya Yojana in Gujarat has been doubled from Rs 5 lakhs to Rs 10 lakhs.

Q12. Which category of loans experienced increased demand under Mudra loans leading to the growth in disbursals?
(a) Shishu
(b) Kishor
(c) Tarun
(d) Both A and B
(e) Both B and C

Answer & Explanation

S12. Ans.(c)
Sol. The increased disbursals were driven by the rising demand for Tarun category loans, as borrowers upgraded from the Sishu category of loans.

Q13. What is the name of the rare brain-eating amoeba infection recently discovered in South Korea?
(a) Primary amebic meningoencephalitis (PAM)
(b) Naegleria fowleri infection
(c) Brain-Eating Amoeba Syndrome (BEAS)
(d) South Korean Amoebic Encephalitis (SKAE)
(e) Amoebic Meningitis Koreana (AMK)

Answer & Explanation

S13. Ans.(a)
Sol. The infection caused by the brain-eating amoeba Naegleria fowleri is known as Primary amebic meningoencephalitis (PAM).

Q14. What percentage of Pangong Tso Lake lies in India?
(a) 10%
(b) 30%
(c) 40%
(d) 50%
(e) 60%

Answer & Explanation

S14. Ans.(c)
Sol. Around 40% of Pangong Tso Lake is situated in India, while the other two-thirds are in China.

Q15. Which factor contributed significantly to the improvement in fiscal deficit in May 2023?
(a) Increase in tax revenues
(b) Decrease in non-tax revenues
(c) Surge in non-tax revenues
(d) Decrease in both tax and non-tax revenues
(e) None of the above

Answer & Explanation

S15. Ans.(c)
Sol. Non-tax revenues experienced a significant increase, boosted by the dividend received from the Reserve Bank of India (RBI), contributing to the improvement in the fiscal deficit.