Current Affairs Quiz 22nd July 2023 For Bank Exam

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22nd 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:

Semiconductor manufacturing plants
Black Sea Grain Initiativ
NATO’s Vilnius Summit
Department of Animal Husbandry & Dairying (DAHD)

22nd 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 22nd July Current Affairs 2023 Quiz covering the following topics Headlines: Semiconductor manufacturing plants, Black Sea Grain Initiativ, NATO’s Vilnius Summit, Department of Animal Husbandry & Dairying (DAHD).

Q1. Which country is not among the top five in semiconductor manufacturing?
(a) United States
(b) China
(c) India
(d) Japan
(e) South Korea

Q2. Which of the following were involved in mediating the Black Sea Grain Initiative in July 2022?
(a) United States, Russia, and Ukraine.
(b) Turkey, Ukraine, and the European Union.
(c) Turkey, Russia, and the United Nations.
(d) Russia, Ukraine, and the European Union.
(e) Turkey, Russia, Ukraine, and the United Nations.

Q3. With reference to the NATO’s Vilnius Summit, consider the following statements:

1. The Vilnius Summit took place on 11-12 July 2023 and aimed to evaluate NATO’s progress over the past year and prepare for future conflicts.
2. The Summit resulted in the declaration of a specific timeline for Ukraine’s membership in NATO.
3. The communique issued during the Summit acknowledged Russia as the most significant and direct threat to the Allies’ security, peace, and stability in the Euro-Atlantic area.
Which of the Statements given above is/are correct?
(a) 1 and 2 only
(b) 1 and 3 only
(c) 2 and 3 only
(d) 1, 2, and 3
(e) None of the above

Q4. Which Indian company recently became the second most valuable company by market capitalization, overtaking Tata Consultancy Services (TCS)?
(a) Reliance Industries
(b) ICICI Bank
(c) HDFC Bank
(d) Hindustan Unilever
(e) State Bank of India

Q5.Which company currently holds the top position as India’s most valued firm by market capitalization?
(a) ICICI Bank
(b) HDFC Bank
(c) TCS
(d) Reliance Industries
(e) Hindustan Unilever

Q6. What amount has the Department of Animal Husbandry & Dairying (DAHD) established as a Credit Guarantee Fund Trust for the scheme?
(a) Rs 15,000 crore
(b) Rs 750 crore
(c) Rs 1,500 crore
(d) Rs 500 crore
(e) Rs 10,000 crore

Q7. What is the name of the scheme launched by the Karnataka Government to provide financial assistance to women heads of households?
(a) Gruha Samruddhi Yojana
(b) Gruha Lakshmi Yojana
(c) Gruha Suvidha Scheme
(d) Gruha Sahayata Program
(e) Gruha Nari Support Initiative

Q8. Who has been appointed as the new Managing Director of Life Insurance Corp of India?
(a) Siddhartha Mohanty
(b) Sat Pal Bhanoo
(c) LIC Chairman
(d) LIC Zonal Manager
(e) None of the above

Q9. Who announced the launching of the Gramin Awaas Nyay Yojna?
(a) Prime Minister of India
(b) Chief Minister of Chhattisgarh
(c) Rural Development Minister
(d) President of India
(e) Gram Panchayat Head

Q10. How many liquid apogee motor (LAM) engines and reaction control system (RCS) thrusters are involved in the Gaganyaan Human Spacecraft Mission?
(a) 3 LAM engines and 10 RCS thrusters
(b) 5 LAM engines and 12 RCS thrusters
(c) 5 LAM engines and 16 RCS thrusters
(d) 4 LAM engines and 8 RCS thrusters
(e) 4 LAM engines and 16 RCS thrusters

Q11. What is the monetary limit for deposit insurance claims provided by the Deposit Insurance and Credit Guarantee Corporation (DICGC) to each depositor in the event of liquidation?
(a) Rs 1 lakh
(b) Rs 2 lakh
(c) Rs 3 lakh
(d) Rs 5 lakh
(e) Rs 10 lakh

Q12. What percentage of United India Cooperative Bank’s depositors is entitled to receive the full amount of their deposits from DICGC?
(a) 90.02%
(b) 99.98%
(c) 75.5%
(d) 50%
(e) 100%

Q13. Who has been appointed as the 25th Director General (DG) of the Indian Coast Guard (ICG)?
(a) Rakesh Pal
(b) Indian Naval Academy
(c) Ministry of Defence
(d) Indian Coast Guard
(e) Indian Naval School Dronacharya

Q14. Where is the Rudragiri hillock located?
(a) Rajasthan
(b) Karnataka
(c) Andhra Pradesh
(d) Madhya Pradesh
(e) Kerala

Q15. What is the central theme of the sketch found in the middle cave of Rudragiri hillock?
(a) Krishna playing the flute
(b) Lord Shiva’s cosmic dance (Tandava)
(c) Hanuman lifting the Sanjeevani hill
(d) Buddha’s enlightenment under the Bodhi tree
(e) Arjuna receiving knowledge from Lord Krishna (Bhagavad Gita)

Solutions

S1. Ans.(c)
Sol. India is not among the top five in semiconductor manufacturing.

S2. Ans.(e)
Sol. The Black Sea Grain Initiative was mediated by Turkey and the United Nations and involved the participation of Ukraine and Russia.

S3. Ans.(b)
Sol. The first statement is correct. The Vilnius Summit of NATO took place on 11-12 July 2023, with the objective of assessing NATO’s progress in the previous year and preparing the alliance for potential future conflicts.

The second statement is incorrect. Despite high expectations, the Vilnius Summit did not result in the declaration of a specific timeline for Ukraine’s membership in NATO. While President Zelensky of Ukraine expressed disappointment over the lack of a timeline, NATO leaders reiterated that they would extend an invitation to Ukraine when certain conditions are met and when there is a consensus among allies.

The third statement is correct. The communique issued during the Vilnius Summit acknowledged Russia as the most significant and direct threat to the security, peace, and stability of the Euro-Atlantic area. It emphasized the need to strengthen NATO’s defences and deterrence against Moscow. Additionally, the communique expressed concerns over Belarus’s role in supporting Russian aggression against Ukraine and highlighted Iran’s deliveries of Uncrewed Aerial Vehicles (UAVs) to Russia for use in attacking critical infrastructure in Ukraine.

S4. Ans.(c)
Sol. HDFC Bank surpassed TCS to become the second most valuable company in India based on market capitalization.

S5. Ans.(d)
Sol. Reliance Industries is currently the most valuable company in India based on market capitalization.

S6. Ans.(b)
Sol. The DAHD has established a Credit Guarantee Fund Trust of Rs 750 crore to provide credit guarantee coverage to eligible lending institutions under the Livestock Sector Credit Guarantee Scheme.

S7. Ans.(b)
Sol. Gruha Lakshmi Yojana. It is an effective scheme launched by the Karnataka Government to provide financial assistance to women heads of households.

S8. Ans.(b)
Sol. Sat Pal Bhanoo has been appointed as the new Managing Director of Life Insurance Corp of India.

S9. Ans.(b)
Sol. CM Bhupesh Baghel announced the launching of the Gramin Awaas Nyay Yojna in Chhattisgarh.

S10. Ans.(c)
Sol. The Gaganyaan Human Spacecraft Mission involves five liquid apogee motor (LAM) engines with a thrust of 440 Newton and 16 reaction control system (RCS) thrusters with a thrust of 100 N.

S11. Ans.(d)
Sol. Each depositor is eligible to receive a deposit insurance claim amount for their deposits, subject to a monetary limit of Rs 5 lakh from DICGC in the event of liquidation.

S12. Ans.(b)
Sol. According to the data provided by United India Cooperative Bank, an overwhelming majority of its depositors, specifically 99.98%, are entitled to receive the full amount of their deposits from DICGC.

S13. Ans.(a)
Sol. Rakesh Pal has been appointed as the 25th Director General of the Indian Coast Guard.

S14. Ans.(c)
Sol. The Rudragiri hillock is located in Orvakally village of Guntur district in Andhra Pradesh.

S15. Ans.(c)
Sol. The middle cave of Rudragiri hillock houses a grand sketch of Hanuman carrying the Sanjeevani Hills in his right hand, symbolizing his mission to save Lakshmana’s life from the Ramayana epic.