Current Affairs Quiz 28th July 2023 For Bank Exam

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28th 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:

ACROSS scheme
Jio Financial and BlackRock
Swiggy’s co-branded credit card
Public sector banks
Mahindra & Mahindra

28th 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 28th July Current Affairs 2023 Quiz covering the following topics Headlines: ACROSS scheme, Jio Financial and BlackRock, Swiggy’s co-branded credit card, Public sector banks, Mahindra & Mahindra.

Q1. How long will the ACROSS scheme be implemented for in the next finance cycle?

(a) 1 year

(b) 3 years

(d) 7 years

(e) 10 years

Q2. What is the major impact of the ACROSS scheme on employment generation?

(a) Boosting manufacturing industries

(b) Creating new job opportunities in the entertainment sector

(d) Generating employment opportunities in weather and climate services

(e) Promoting entrepreneurship in rural areas

Q3. What is the name of the joint venture formed by Jio Financial and BlackRock in India’s mutual fund industry?

(a) Jio Finance Solutions

(b) BlackRock India Fund

(d) MutualTech Investment Solutions

(e) Indian Asset Innovators

Q4. What is the proposed initial investment by Jio Financial and BlackRock in the joint venture?

(a) $50 million each

(b) $75 million each

(d) $125 million each

(e) $150 million each

Q5. Which payment network hosts Swiggy’s co-branded credit card?

(a) VISA

(b) American Express

(d) Discover

(e) Rupay

Q6. Which bank topped the list of public sector banks with the highest lending to corporations and PSUs of States and Union Territories for the fifth year in a row during FY23?

(a) Punjab National Bank

(b) State Bank of India

(d) Bank of Baroda

(e) Bank of India

Q7. Which bank had the lowest exposure to State PSUs and corporations during FY23?

(a) Indian Bank

(b) Punjab and Sind Bank

(d) Central Bank of India

(e) Indian Overseas Bank

Q8. Which bank led the lending during 2022-23 to government-backed entities, accounting for over 45% of the total lending of all public sector banks?

(a) State Bank of India

(b) Canara Bank

(d) Punjab National Bank

(e) Bank of Baroda

Q9. What percentage of stake did Mahindra & Mahindra acquire in RBL Bank?

(a) 2.53%

(b) 3.53%

(d) 5.53%

(e) 6.53%

Q10. World Nature Conservation Day is celebrated on July 28 every year. What is the theme of World Nature Conservation Day 2023?

(a) Protecting Endangered Species

(b) Clean Air and Water for All

(d) Renewable Energy for a Sustainable Future

(e) Biodiversity Conservation and Ecosystem Restoration

Q11. Who became the first transgender person in Rajasthan to be issued a birth certificate with the gender recorded as transgender?

(a) Noor Shekhawat

(b) Bhanwarlal Bairwa

(d) Kalraj Mishra

(e) None of the above

Q12. Who has been appointed as the new Chief Justice of Bombay High Court?

(a) Justice Nitin Madhukar Jamdar

(b) Justice Devendra Kumar Upadhyaya

(d) Justice Prashant Kumar Mishra

(e) None of the above

Q13. World Hepatitis Day is observed annually on July 28. What is the theme of World Hepatitis Day 2023?

(a) “Preventing Hepatitis: Together for a Healthier World”

(b) “One Life, One Liver”

(d) “Building Awareness: Fighting Hepatitis”

(e) “Promoting Vaccination: Safeguarding Communities”

Q14. Which strains of hepatitis virus are commonly known?

(a) Type A, B, C

(b) Type B, C, D

(d) Type A, B, C, D, and E

(e) Type B, C, D, E

Q15. How many women members were nominated to the panel of Vice-Chairpersons in Rajya Sabha for the first time?

(a) One

(b) Two

(d) Four

(e) Five

Solutions

S1. Ans.(c)

Sol. The ACROSS scheme is approved for continuation in the next finance cycle of five years, i.e., from 2021 to 2026.

S2. Ans.(d)

Sol. The ACROSS scheme, with its various sub-schemes, requires considerable manpower at every stage, including the generation of forecasts and delivering services. This creates job opportunities for individuals in the field of weather and climate research, analysis, and service delivery.

S3. Ans.(c)

Sol. Jio Financial and BlackRock have formed a 50:50 joint venture called “Jio BlackRock” to provide tech-enabled access to innovative investment solutions in India.

S4. Ans.(e)

Sol. Jio Financial and BlackRock plan to invest $150 million each in the joint venture, making it a significant player in the Indian mutual fund industry.

S5. Ans.(c)

Sol. Swiggy’s co-branded credit card is hosted on Mastercard’s payment network.

S6. Ans.(c)

Sol. Canara Bank topped the list of public sector banks with the highest lending to corporations and PSUs of States and Union Territories for the fifth year in a row during FY23. The total loan disbursed by Canara Bank to government-backed entities during this period was ₹187,813 crore.

S7. Ans.(b)

Sol. Punjab & Sind Bank had the lowest exposure to State PSUs and corporations during FY23, with a lending of ₹88.7 crore. This amount represents a significant decrease from the bank’s lending of ₹3,570 crore to government entities in FY22.

S8. Ans.(b)

Sol. Canara Bank led the lending during 2022-23 to government-backed entities, with a total loan disbursal of ₹187,813 crore, which accounted for over 45% of the total lending by all public sector banks.

S9. Ans.(b)

Sol. Mahindra & Mahindra acquired a 3.53% stake in RBL Bank for ₹417 crores, as mentioned in the regulatory filing.

S10. Ans.(c)

Sol. The theme of World Nature Conservation Day 2023 is “Forests and Livelihoods: Sustaining People and Planet.”

S11. Ans.(a)

Sol. Noor Shekhawat became the first transgender person in Rajasthan to be issued a birth certificate with the gender recorded as transgender.

S12. Ans.(b)

Sol. Justice Devendra Kumar Upadhyaya has been appointed as the new Chief Justice of Bombay High Court.

S13. Ans.(b)

Sol. The theme of World Hepatitis Day 2023 is “One Life, One Liver.”

S14. Ans.(d)

Sol. There are five main strains of the hepatitis virus, referred to as types A, B, C, D and E. While they all cause liver disease, they differ in important ways including modes of transmission, severity of the illness, geographical distribution and prevention methods.

S15. Ans.(d)

Sol. Four women members were nominated to the panel of Vice-Chairpersons in Rajya Sabha, constituting 50% of the total members. S Phangnon Konyak, a distinguished BJP leader and Nagaland’s first female Rajya Sabha MP, achieved a historic feat as she took on the role of presiding over the Rajya Sabha. This remarkable milestone in her political journey marks her as the first woman from Nagaland to assume this prestigious position.