July 2, 2023 Current Affairs

1. Which state has become the top exporter of electronics in the financial year 2023?

A.    Tamil Nadu

B.    West Bengal

C.    Maharashtra

D.    Kerala

Answer: Option (A)

Explanation:

In the fast-paced world of technology and globalization, the electronics industry has witnessed remarkable growth and development. With countries competing to establish themselves as major players, one state has risen above the rest to claim the title of the top exporter of electronics in the financial year 2023.

2. How much is President Joe Biden's student loan forgiveness proposal, which has been struck down by the Supreme Court of the USA?

A.    USD 400 billion

B.    USD 500 billion

C.    USD 600 billion

D.    USD 700 billion

Answer: Option (A)

Explanation:

In a significant turn of events, President Joe Biden's ambitious student loan forgiveness proposal faced a challenging obstacle when it was struck down by the Supreme Court of the USA. This proposal was aimed at providing relief to millions of Americans burdened by student loan debt.

3. On which date is Chartered Accountants Day observed?

A.    June 29

B.    June 30

C.    July 01

D.    July 02

Answer: Option (C)

Explanation:

Chartered Accountants Day, also known as CA Day, is a significant occasion observed on July 1 every year. This date holds great importance as it marks the establishment of the Institute of Chartered Accountants of India (ICAI).

4. By which entity has the Carbon Credit Trading Scheme 2023 been drafted?

A.    Bureau of Energy Efficiency

B.    NTPC

C.    Ministry of New & Renewable Energy

D.    Indian Renewable Energy Development Agency Limited

Answer: Option (A)

Explanation:

The Carbon Credit Trading Scheme 2023, a significant initiative in the realm of environmental conservation, has been drafted by the Bureau of Energy Efficiency (BEE). As a statutory body under the Ministry of Power, BEE aims to promote energy efficiency and sustainable development in India.

5. In which state did the Indian Prime Minister recently launch the National Sickle Cell Anaemia elimination mission and issue AB-PMJAY cards?

A.    Uttar Pradesh

B.    Maharashtra

C.    Karnataka

D.    Madhya Pradesh

Answer: Option (D)

Explanation:

In a significant development, the Indian Prime Minister recently launched the National Sickle Cell Anaemia Elimination Mission in one of the states of India. This mission aims to combat the prevalence of sickle cell anaemia, a hereditary blood disorder, and improve the healthcare services available to those affected. Let's delve into the details of this crucial initiative and the state in which it was launched.

6. Which country has recently received a $3 billion loan from the IMF?

A.    France

B.    Bangladesh

C.    Bhutan

D.    Pakistan

Answer: Option (D)

Explanation:

In a crucial move to avoid default and stabilize its economy, Pakistan has recently received a substantial $3 billion loan from the International Monetary Fund (IMF). This significant financial assistance marks a significant turning point for the country, providing much-needed support during challenging economic times.

7. Who has been appointed as the CMD of PTC India Limited?

A.    Amit Mishra

B.    Tushar Deb

C.    Farida Rai

D.    Rajib Kumar Mishra

Answer: Option (D)

Explanation:

PTC India Limited, a leading power trading company in India, recently made a significant announcement regarding its top leadership.

8. Which company will be the main jersey sponsor for the Indian cricket team from July 2023 to March 2026?

A.    Byju

B.    Unacademy

C.    Dream11

D.    Pepsico

Answer: Option (C)

Explanation:

In the ever-evolving world of sports sponsorships, the jersey sponsor holds a significant position. It not only provides financial support but also showcases the brand's association with the team. With much speculation surrounding the main jersey sponsor for the Indian cricket team from July 2023 to March 2026, recent reports indicate that Dream11 has emerged as the frontrunner, replacing Byju's.

9. Which Olympian recently won the Lausanne Diamond League 2023?

A.    Shivpal Singh

B.    Annu Rani

C.    Elizabeth Davenport

D.    Neeraj Chopra

Answer: Option (D)

Explanation:

The Lausanne Diamond League 2023 witnessed an electrifying showcase of athletic prowess and fierce competition. Amongst the stellar lineup of Olympians, one athlete shone brighter than the rest.

10. Which country has approved the sale of ammunition worth USD 440 million to Taiwan?

A.    Brazil

B.    India

C.    United States of America

D.    Russia

Answer: Option (C)

Explanation:

In a significant move, the United States of America has recently approved the sale of ammunition worth $440 million to Taiwan. This decision has garnered attention and raised questions about the implications it may have on the geopolitical landscape.

11. What is the name of the first commercial spaceflight mission of Virgin Galactic Holding Inc.?

A.    Apollo

B.    Galactic 01

C.    Artemis 03

D.    Sove 01

Answer: Option (B)

Explanation:

Virgin Galactic Holding Inc. has made history with its first commercial spaceflight mission, Galactic 01. This remarkable achievement marks a significant milestone in the realm of space exploration and tourism.

12. On which date is Goods and Services Tax Day observed?

A.    June 23

B.    July 01

C.    July 03

D.    July 04

Answer: Option (B)

Explanation:

The implementation of the Goods and Services Tax (GST) system in India marked a significant turning point in the country's economic landscape. Since its inception, GST Day has been celebrated on July 01 each year to commemorate this historic milestone.

13. What is the value of India's FY23 external debt at the end of March 2023?

A.    USD 435.6 billion

B.    USD 547.2 billion

C.    USD 350.5 billion

D.    USD 624.7 billion

Answer: Option (D)

Explanation:

India's fiscal year 2022-2023 has witnessed significant economic developments, and one crucial aspect is the country's external debt.

14. Alan Arkin, who recently passed away, belonged to which profession?

A.    Writer

B.    Actor

C.    Producer

D.    Singer

Answer: Option (B)

Explanation:

In the world of entertainment, there are certain individuals who leave an indelible mark through their talent and passion. Alan Arkin, the Oscar-winning actor known for his memorable performances, recently passed away at the age of 89.

15. Which class of submarines does INS Shankush, which has been making news recently, belong to?

A.    Shishumar Class

B.    Vanguard Class

C.    Ballistic Class

D.    Guided-missile submarines

Answer: Option (A)

Explanation:

The world of submarines is filled with fascinating vessels, each with its own unique capabilities and purposes. In recent news, INS Shankush has captured attention due to its significant role in the Indian Navy.

16. Which Indian bank has appointed A.P. Hota as the chairman?

A.    HDFC

B.    PNB

C.    Federal Bank

D.    UCO Bank

Answer: Option (C)

Explanation:

In a significant development for the Indian banking sector, A.P. Hota, the former MD & CEO of the National Payments Corporation of India (NPCI), has recently been appointed as the chairman of the esteemed Federal Bank. This move, which has received the much-awaited approval from the Reserve Bank of India (RBI), holds great promise for the future of the bank and the entire banking industry as a whole.

17. For how many more years has Tushar Mehta been reappointed as Solicitor General?

A.    3 years

B.    2 years

C.    1 year

D.    4 years

Answer: Option (A)

Explanation:

In a recent decision that has attracted attention in the legal community, Tushar Mehta has been reappointed as the Solicitor General of India. This prestigious position holds immense significance in the country's legal landscape. Let's delve into the details of Tushar Mehta's reappointment and what it means for the future of India's legal system.

18. Which country is all set to join the Shanghai Alliance?

A.    Oman

B.    Russia

C.    Australia

D.    Iran

Answer: Option (D)

Explanation:

The Shanghai Alliance, a regional organization fostering cooperation and mutual development, is on the verge of welcoming a new member.

19. In which state is the Kakrapar atomic power project located?

A.    Gujarat

B.    Rajasthan

C.    Bihar

D.    Tamil Nadu

Answer: Option (A)

Explanation:

The Kakrapar Atomic Power Project, a significant nuclear power plant in India, has recently gained attention for its pioneering 700 MW pressurized heavy water reactor unit.

20. Harinder Sandhu, who recently made news, belongs to which sport?

A.    Archery

B.    Badminton

C.    Squash

D.    Tennis

Answer: Option (C)

Explanation:

In the realm of sports, there are individuals who rise to the occasion, capturing the hearts of fans with their exceptional talent and dedication. Harinder Sandhu, a name recently making headlines, has left an indelible mark on the world of squash.