Current Affairs Quiz 26th July 2023 For Bank Exam

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26th 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:

Reserve Bank of India (RBI)
India’s forex reserves
‘WhatsApp Se Wyapaar’
“Water ATM machines”

26th 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 26th July Current Affairs 2023 Quiz covering the following topics Headlines: Reserve Bank of India (RBI), India’s forex reserves, ‘WhatsApp Se Wyapaar’, “Water ATM machines”, Kargil Vijay Diwas.

Q1. What was the total value of India’s forex reserves after the biggest weekly jump in four months?
(a) $605.28 billion
(b) $612.96 billion
(c) $609.02 billion
(d) $617.76 billion
(e) $596.50 billion

Q2. Which component of India’s forex reserves witnessed the highest increase during the reported period?
(a) Gold reserves
(b) SDRs (Special Drawing Rights)
(c) Foreign Currency Assets (FCAs)
(d) IMF Reserve Position
(e) None of the above

Q3. What does the new legislation signed by Vladimir Putin in Russia prohibit?
(a) Public endorsement of “nontraditional sexual relations” among minors
(b) Medical interventions for congenital anomalies
(c) Changing gender in official documents or public records
(d) Transgender individuals from becoming foster or adoptive parents
(e) All of the above

Q4. What features of the WhatsApp Business App will be covered in the workshops conducted by CAIT under the partnership with Meta?
(a) Instagram Stories and Reels
(b) Messenger Rooms and Video Calling
(c) Marketplace and Shop sections
(d) Catalogue, Quick Replies, and Click to WhatsApp Ads
(e) WhatsApp Status and Stickers

Q5. How many Indian languages will the ‘WhatsApp Se Wyapaar’ program cover in its localized digitalization activities?
(a) 5
(b) 7
(c) 9
(d) 11
(e) 13

Q6. In which year did NongHyup Bank enter the Indian market?
(a) 2008
(b) 2010
(c) 2012
(d) 2014
(e) 2016

Q7. What does the inclusion of NongHyup Bank in the Second Schedule of the RBI Act, 1934 signify for India-South Korea relations?
(a) It imposes restrictions on financial transactions between India and South Korea.
(b) It fosters increased collaboration and investment opportunities between the two nations.
(c) It allows NongHyup Bank to operate as an independent bank without any regulatory oversight.
(d) It establishes NongHyup Bank as the central bank for both India and South Korea.
(e) It bars NongHyup Bank from conducting business with Indian banks.

Q8. How many Reverse Osmosis (RO) plants with integrated “water ATM machines” does the Delhi government plan to install as part of its ambitious plan?
(a) 100
(b) 250
(c) 500
(d) 750
(e) 1000

Q9. How will the Rajasthan Platform Based Gig Workers Welfare Board benefit gig workers in the state?
(a) By providing gig workers with access to all government welfare schemes.
(b) By ensuring gig workers receive regular deductions of welfare fees from aggregators.
(c) By granting gig workers decision-making power in the functioning of the board.
(d) By offering gig workers free registration with all the state’s aggregators.
(e) By imposing penalties on gig workers for non-compliance with the bill’s provisions.

Q10. When is Kargil Vijay Diwas celebrated in India?
(a) July 15th
(b) July 20th
(c) July 22nd
(d) July 24th
(e) July 26th

Q11. Which organization has become the first Indian participant in the Asia Transition Finance Study Group (ATFSG)?
(a) Power Finance Corporation Ltd (PFC)
(b) Ministry of Economy, Trade and Industry (METI)
(c) Government of Japan
(d) Asia Energy Transition Initiative (AETI)
(e) G20 Summit

Q12. What is the Asia Energy Transition Initiative (AETI) launched by Japan?
(a) An initiative to promote sustainable energy projects in India.
(b) A financial aid program for Asian countries to achieve net-zero emissions.
(c) A government-led effort to reduce energy consumption in the Asia-Pacific region.
(d) A study group focused on energy efficiency and conservation.
(e) An initiative to help countries in the Asia-Pacific region achieve net-zero emissions.

Q13. What is the title of the book released by Ranjit Pratap on the occasion of Rayala Corporation’s Diamond Jubilee?
(a) “The Journey of Success: Fifty Years in Business”
(b) “Adaptability and Resilience: My Corporate Story”
(c) “As the Wheel Turns: A Captivating Account of My Remarkable Journey”
(d) “Entrepreneurial Aspirations: Lessons from a Business Tycoon”
(e) “Triumphs and Challenges: A Retrospective Look at My Career”

Q14. What does STAR-C stand for in the context of the International Solar Alliance (ISA) initiative?
(a) Solar Technology and Application Resource Centre
(b) Solar Transmission and Application Readiness Centre
(c) Sustainable Technology and Renewable Energy Centre
(d) Solar Transition and Adoption Resource Centre
(e) Solar Training and Advancement Research Centre

Q15. Which organizations are jointly implementing the STAR-C project under the International Solar Alliance (ISA) initiative?
(a) United Nations and World Bank
(b) International Solar Alliance and World Trade Organization
(c) United Nations Industrial Development Organization and World Bank
(d) International Solar Alliance and United Nations Industrial Development Organization
(e) International Solar Alliance and International Monetary Fund

Solutions

S1. Ans.(c)
Sol. According to the Reserve Bank of India’s update on Friday, India’s forex reserves saw a significant weekly jump of $12.74 billion, reaching a total value of $609.02 billion.

S2. Ans.(c)
Sol. According to the Weekly Statistical Supplement released by the RBI, FCAs surged by $11.19 billion, showing the highest increase among all the components of India’s forex reserves.

S3. Ans.(e)
Sol. The new legislation passed in Russia prohibits medical interventions aimed at changing a person’s sex, changing gender in official documents or public records, and bars transgender individuals from becoming foster or adoptive parents. Additionally, it annuls marriages in which one partner has undergone a gender change.

S4. Ans.(d)
Sol. The workshops conducted by CAIT will cover various features of the WhatsApp Business App, including Catalogue, Quick Replies, and Click to WhatsApp Ads. These tools are essential for businesses to improve their online presence, engage with customers effectively, and promote their products and services.

S5. Ans.(d)
Sol. The ‘WhatsApp Se Wyapaar’ program will cover localized digitalization activities in 11 Indian languages. These languages include English, Hindi, Marathi, Bengali, Kannada, Tamil, and Telugu, among others, to ensure that Micro, Small, and Medium Enterprises (MSMEs) across India can benefit from the program.

S6. Ans.(e)
Sol. NongHyup Bank entered the Indian market in 2016 with the aim of leveraging its expertise in agricultural banking to support and enhance the country’s rural economy.

S7. Ans.(b)
Sol. The inclusion of NongHyup Bank in the Second Schedule of the RBI Act, 1934 strengthens the financial ties between India and South Korea. It fosters increased collaboration and investment opportunities, promoting a deeper economic relationship between the two countries.

S8. Ans.(c)
Sol. The Delhi government plans to install 500 Reverse Osmosis (RO) plants with integrated “water ATM machines” as part of its ambitious plan. Each of these plants will have a capacity of 30,000 liters and will be strategically placed in regions affected by inadequate piped water supply.

S9. Ans.(b)
Sol. The Rajasthan Platform Based Gig Workers Welfare Board will benefit gig workers by ensuring the regular deduction of welfare fees from aggregators, as per the bill’s provisions. The board’s establishment will monitor aggregator compliance and safeguard gig workers’ social security assurance.

S10. Ans.(e)
Sol. Kargil Vijay Diwas is celebrated annually on July 26th to pay tribute to the bravery and valor of the Indian soldiers who fought and made the ultimate sacrifice during the Kargil War in 1999.

S11. Ans.(a)
Sol. Power Finance Corporation Ltd (PFC) has achieved the milestone of becoming the first Indian participant in the Asia Transition Finance Study Group (ATFSG). This initiative is spearheaded by the Japanese Ministry of Economy, Trade and Industry (METI) to promote sustainable transition finance in Asian countries.

S12. Ans.(e)
Sol. The Asia Energy Transition Initiative (AETI) is an initiative launched by Japan to help countries in the Asia-Pacific region achieve net-zero emissions. This initiative serves as the foundation for the Asia Transition Finance Study Group (ATFSG).

S13. Ans.(c)
Sol. The title of the book released by Ranjit Pratap on the occasion of Rayala Corporation’s Diamond Jubilee is “As the Wheel Turns: A Captivating Account of My Remarkable Journey.”

S14. Ans.(a)
Sol. STAR-C stands for Solar Technology and Application Resource Centre in the context of the International Solar Alliance (ISA) initiative.

S15. Ans.(d)
Sol. The STAR-C project is jointly implemented by the International Solar Alliance (ISA) and the United Nations Industrial Development Organization (UNIDO).