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July 13, 2023 Current Affairs

1. Which bank has been felicitated for The Best Performance in CASA-India at ICC Emerging Asia Banking Conclave & Awards 2022?

A.    Disha Microfin Pvt Ltd

B.    J&K Bank

C.    Ujjivan Financial Services Pvt Ltd

D.    Utkarsh Microfinance Pvt Ltd

Answer: Option (B)

Explanation:

In the realm of banking, recognition for exceptional performance is a testament to the efforts and dedication put forth by financial institutions. The ICC Emerging Asia Banking Conclave & Awards 2022 sought to honor banks that have excelled in various categories. One such category, The Best Performance in CASA-India, was bestowed upon a deserving recipient.


 

2. Netherlands Prime Minister Mark Rutte announced to quit politics. Which is the capital of the Netherlands?

A.    Maastricht

B.    Rotterdam

C.    The Hague

D.    Amsterdam

Answer: Option (D)

Explanation:

In a surprising turn of events, Dutch Prime Minister Mark Rutte recently announced his decision to step down from politics after an impressive 13-year tenure. This announcement marks the end of an era for the Netherlands, as Rutte had become the longest-serving leader in the country's history. As we bid farewell to this influential figure, let's take a moment to reflect on his legacy and explore the capital city of the Netherlands, which holds its own significance within the nation.

 

 

3. Which company has won the Insurer Innovation Award 2023 for the APAC region at the 8th World Digital Insurance Awards?

A.    Aditya Birla Sun Life Insurance

B.    Bajaj Allianz Life Insurance

C.    Aviva Life Insurance

D.    Bharti AXA Life Insurance

Answer: Option (B)

Explanation:

In the ever-evolving landscape of the insurance industry, innovation plays a crucial role in shaping the success of companies. The 8th World Digital Insurance Awards, hosted by TDI - The Digital Insurer, recognizes and celebrates the trailblazers that have revolutionized the insurance sector. Among the contenders in the APAC region, one company stood out from the rest. Let's delve into the details and discover which company has claimed the prestigious Insurer Innovation Award for 2023.

 

 

4. Which of the following Indian American businesswomen is not featured in The Forbes 2023 list of America's 100 most successful women?

A.    Neerja Sethi

B.    Neha Narkhede

C.    Indra Nooyi

D.    Devika Bulchandani

Answer: Option (D)

Explanation:

The Forbes 2023 list of America's 100 most successful women has recently been unveiled, showcasing the incredible achievements of women in various industries. Among the list, four Indian American businesswomen have emerged as trailblazers, making their mark on the corporate landscape.

 

 

5. The International Maritime Organisation's headquarters is located in:

A.    London

B.    New York

C.    Paris

D.    Shanghai

Answer: Option (A)

Explanation:

The International Maritime Organisation (IMO) plays a crucial role in regulating and promoting sustainable practices in the global shipping industry. As we delve into the topic, we will not only discover the location of the IMO's headquarters but also explore the recent net-zero target agreement and its implications.

 

 

6. How many new FPOs (Farmer Producer Organizations) were declared during the inauguration of the National Mega Conclave on FPO in the cooperative sector?

A.    1700

B.    1100

C.    8000

D.    3000

Answer: Option (B)

Explanation:

In the realm of agricultural development, the establishment of Farmer Producer Organizations (FPOs) has emerged as a pivotal step towards empowering farmers and fostering collective growth. Recently, during the grand inauguration of the National Mega Conclave on FPO in the cooperative sector, a significant announcement was made.

 

 

7. Which of the following banks will sign a ₹3,000 crore IT transformation deal to revamp and enhance its tech infrastructure?

A.    Canara Bank

B.    UCO Bank

C.    Yes Bank

D.    HDFC Bank

Answer: Option (A)

Explanation:

In a move to revamp and enhance its tech infrastructure, Canara Bank, a prominent public sector bank, has announced its decision to sign a ₹3,000 crore IT transformation deal. This significant development aims to catapult Canara Bank into the digital age and strengthen its technological capabilities. Let's delve deeper into this transformative deal and understand its implications.

 

 

8. The joint exercise JIMEX 23 hosted by the Indian Navy in the Bay of Bengal involved which country?

A.    Germany

B.    South Korea

C.    USA

D.    Japan

Answer: Option (D)

Explanation:

In the vast expanse of the Bay of Bengal, a remarkable joint exercise took place recently, forging stronger bonds between nations. The 7th edition of Japan India Maritime Exercise 2023 (JIMEX 23) was hosted by the Indian Navy, bringing together naval forces from different countries. Let's delve into the details of this significant exercise and its implications.

 

 

9. On which date is International Malala Day observed?

A.    July 10

B.    July 11

C.    July 12

D.    July 13

Answer: Option (C)

Explanation:

International Malala Day, observed annually on July 12, is a significant day that honors the courage and advocacy of Malala Yousafzai. As the youngest Nobel Prize laureate and a passionate advocate for girls' education, Malala has become an inspiration for millions around the world.

 

 

10. NATO nations have gathered at the annual summit of NATO in Vilnius. Vilnius is the capital of which country?

A.    Luxembourg

B.    Libya

C.    Lithuania

D.    Lebanon

Answer: Option (C)

Explanation:

NATO nations have gathered at the annual summit of NATO in Vilnius, the capital of Lithuania. During this summit, no decision was taken over the admission of Ukraine to NATO membership.

 

 

11. 'Operation Broader Sword', a joint operation of India and which country, aims to stop the illegal shipment of drugs through the International Mail System?

A.    Canada

B.    USA

C.    France

D.    Russia

Answer: Option (B)

Explanation:

The annual summit of NATO (North Atlantic Treaty Organization) has brought together member nations in the captivating city of Vilnius. As the capital of Lithuania, Vilnius sets the stage for crucial discussions, collaborations, and strategic decisions aimed at ensuring peace, security, and cooperation among nations.

 

 

12. According to Goldman Sachs, in which year will India surpass the USA to become the world's 2nd largest economy?

A.    2050

B.    2065

C.    2070

D.    2075

Answer: Option (D)

Explanation:

Illegal drug trade remains a global concern, with criminal networks constantly finding innovative ways to transport narcotics across borders. In a groundbreaking initiative, India and the United States came together to launch "Operation Broader Sword." This joint operation aimed to tackle the illegal shipment of drugs through the International Mail System.


 

13. What does the letter "F" stand for in IFSCA?

A.    Foreign

B.    Financial

C.    Fiscal

D.    Fixed

Answer: Option (B)

Explanation:

The International Financial Services Centres Authority (IFSCA) plays a crucial role in facilitating global financial services within India's borders. As we delve deeper into the acronym, one particular letter stands out— the enigmatic "F."

 

 

14. Who has been selected for the Lokmanya Tilak Award 2023?

A.    Arvind Kejariwal

B.    Piyush Goyal

C.    Amit Shah

D.    Narendra Modi

Answer: Option (D)

Explanation:

After careful consideration and evaluation of the nominees' contributions, it is with great pleasure that we announce Narendra Modi as the deserving recipient of the Lokmanya Tilak Award 2023. His transformative vision, unwavering dedication, and exemplary leadership have shaped India's destiny and inspired millions. This recognition is a testament to his remarkable achievements and serves as an inspiration for generations to come.

 

 

15. Who has been appointed as the new Managing Director for India of Microsoft?

A.    Dilip Shanghvi

B.    Irina Ghose

C.    Radhakishan Damani

D.    Shiv Nadar

Answer: Option (B)

Explanation:

In a recent development, Microsoft India has announced the appointment of a new Managing Director. This significant change comes as the company's current President, Anant Maheshwari, steps down from his role. The responsibility of leading Microsoft's operations in India now falls upon Irina Ghose, who previously served as the company's Chief Operating Officer. This blog post delves into the details of this appointment and its implications for Microsoft's future in India.

 

 

16. According to Invesco Global Sovereign Asset Management, which country has overtaken China to become the most attractive emerging market for investing?

A.    Russia

B.    Nepal

C.    India

D.    Bhutan

Answer: Option (C)

Explanation:

Invesco Global Sovereign Asset Management recently conducted a study to determine which country has overtaken China as the most attractive emerging market for investing in sovereign wealth funds. The findings of this study have shed light on a promising shift in the global investment landscape.

 

 

17. According to the Union Minister for Chemicals and Fertilisers, by which year will India achieve self-sufficiency in Urea production?

A.    2025

B.    2026

C.    2027

D.    2028

Answer: Option (A)

Explanation:

India's journey towards achieving self-sufficiency in urea production is an ambitious yet critical endeavor. By reducing dependency on imports, India can strengthen its agricultural sector, ensure price stability, and bolster national security. While challenges lie ahead, the government's initiatives and collaborative efforts offer hope for a self-reliant future. With determination and perseverance, India is poised to become a global leader in urea production.

 

 

18. Who has been elected as the new President of the Olympic Council of Asia?

A.    Sheikh Talal Fahad Al Ahmad Al Sabah

B.    Sheikh Ahmed Bin Saeed Al Maktoum

C.    Sheikh Ali Bin Ibrahim Al Naimi

D.    Sheikh Khalid Al Falih

Answer: Option (A)

Explanation:

In a significant development for the Olympic Council of Asia (OCA), Sheikh Talal Fahad Al Ahmad Al Sabah from Kuwait has been elected as its new President. This momentous occasion comes amidst an atmosphere clouded by allegations of corruption, making the election all the more significant. Let's delve into the details of this event and explore the implications it holds for the future of the OCA and the world of sports.

 

 

19. According to Global Firepower, which country has the world's most powerful military?

A.    India

B.    Germany

C.    USA

D.    Russia

Answer: Option (C)

Explanation:

When it comes to military might, nations around the world strive to build and maintain forces that can assert dominance and protect their interests. But which country boasts the most powerful military in the world?


 

20. According to government estimates, in how many years will India stop using petrol?

A.    3

B.    4

C.    5

D.    6

Answer: Option (C)

Explanation:

In a world where environmental concerns are at the forefront, the future of petrol usage has become a pressing topic. With India being one of the largest consumers of fossil fuels, the question arises - when will India stop using petrol?


 




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