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July 3, 2023 Current Affairs

1. Which Indian has received the Elephant Family Environmental Award?

A.    Kartiki Gonsalves

B.    Rehmna Khan

C.    Mnapreet Kaur

D.    Robert Winster

Answer: Option (A)

Explanation:

In the realm of environmental conservation, there are unsung heroes whose relentless efforts bring about significant change. One such individual is Kartiki Gonsalves, an Indian conservationist-filmmaker who recently received the prestigious Elephant Family Environmental Award.

 


 




2. Which country has received Parliament's approval for a domestic debt restructuring plan?

A.    Greece

B.    Norway

C.    Sri Lanka

D.    Sudan

Answer: Option (C)

Explanation:

In a significant move towards economic recovery, Sri Lanka's Parliament has given its nod to the government's domestic debt restructuring (DDR) plan. With the country grappling with a severe economic crisis, this approval marks a crucial step in the nation's efforts to stabilize its financial situation and pave the way for future growth.

 


 




3. Which country has launched the 'Digital Nomad Strategy' for foreign workers?

A.    Russia

B.    Japan

C.    Canada

D.    Egypt

Answer: Option (C)

Explanation:

In recent years, as the concept of digital nomadism has gained popularity, countries around the world have started exploring innovative ways to attract remote workers and address skill shortages. One such country that has taken a remarkable step in this direction is Canada. With its forward-thinking approach, Canada has launched the "Digital Nomad Strategy" to tap into the potential of foreign workers and bridge the gap in its skilled labor force, particularly in the technology industry.

 


 




4. By what percentage has the price of jet fuel or aviation turbine fuel increased on global cues?

A.    1.5%

B.    1.6%

C.    1.7%

D.    1.8%

Answer: Option (B)

Explanation:

In the realm of aviation, fuel plays a vital role in keeping planes soaring through the skies. Jet fuel, also known as aviation turbine fuel, is a key component that powers aircraft engines. However, recent global cues have led to a significant increase in the price of jet fuel.

 


 




5. Which state holds the first position in electronic exports in India?

A.    Tamil Nadu

B.    Odisha

C.    Haryana

D.    Bihar

Answer: Option (A)

Explanation:

In the competitive landscape of electronic exports in India, one state has emerged as a true frontrunner. With its remarkable achievements and substantial market share, Tamil Nadu has reclaimed its position as the leader in electronic exports, surpassing all others.

 


 




6. Pedro Sanchez, who has been in the news recently, belongs to which country?

A.    Switzerland

B.    Singapore

C.    Germany

D.    Spain

Answer: Option (D)

Explanation:

Pedro Sanchez, the prime minister of Spain, has recently been making headlines as the country assumes the presidency of the Council of the European Union.

 


 




7. In which country are the Utah Mountains located, which recently made headlines for Watermelon Snow?

A.    Oman

B.    Fiji

C.    Germany

D.    United States of America

Answer: Option (D)

Explanation:

The Utah Mountains, nestled in the United States of America, have recently made headlines for a fascinating phenomenon known as Watermelon Snow. This unique occurrence has captured the curiosity of many, as the snow in these mountains appears to change color, resembling the vibrant hues of a watermelon.

 


 




8. Which bank has Housing Development Finance Corporation Limited, India's largest mortgage lending firm, been merged with?

A.    UCO Bank

B.    Yes Bank

C.    PNB Bank

D.    HDFC Bank

Answer: Option (D)

Explanation:

The Indian banking sector has witnessed a significant development with the merger of Housing Development Finance Corporation (HDFC), the country's largest mortgage lending firm, with HDFC Bank. This strategic move, effective from July 1, has created ripples in the industry, reshaping the landscape of mortgage lending and financial services in India.



 



9. Which company is set to acquire Danske Bank's IT centre in India?

A.    Infosys

B.    TCS

C.    Ambuja Cement

D.    Mama Earth

Answer: Option (A)

Explanation:

In a strategic move that has been making headlines, Infosys, a leading global technology services and consulting company, has recently announced a significant collaboration with Danske Bank. This collaboration not only involves a long-term agreement but also includes the acquisition of Danske Bank's IT centre in India.

 


 




10. Which profession did Bir Devinder Singh, who passed away, belong to?

A.    Politician

B.    Doctor

C.    Historian

D.    Physician

Answer: Option (A)

Explanation:

Bir Devinder Singh, a prominent figure in Punjab politics, recently passed away, leaving behind a legacy that will be remembered for years to come.

 


 




11. Which state has decided to increase pension funds to honour 'Loktantra Senani'?

A.    Assam

B.    Uttarakhand

C.    Maharashtra

D.    Sikkim

Answer: Option (B)

Explanation:

In a remarkable gesture of gratitude and recognition, the state of Uttarakhand has taken a significant step towards honoring the brave souls who fought against the Emergency in 1975. Chief Minister Pushkar Singh Dhami has announced an increase in pension funds for these courageous individuals, known as Loktantra Senani. This initiative not only pays tribute to their unwavering spirit but also acknowledges their invaluable contribution to preserving democracy. Let's delve deeper into this commendable decision and its implications.

 


 




12. What is the GST collection in India for the month of June 2023?

A.    1.61 lakh crore

B.    1.74 lakh crore

C.    1.82 lakh crore

D.    1.99 lakh crore

Answer: Option (A)

Explanation:

The Finance Ministry recently released the astonishing figures for the Goods and Services Tax (GST) collection in India for the month of June 2023.

 


 




13. What is the maximum deposit limit for the Mahila Samman Savings Certificate, 2023 scheme?

A.    One Lakh

B.    Two Lakh

C.    Three Lakh

D.    Four Lakh

Answer: Option (B)

Explanation:

The Mahila Samman Savings Certificate, 2023 scheme is a renowned financial initiative aimed at empowering women and encouraging their participation in the national economy. One key aspect of this scheme is the maximum deposit limit, which determines the upper threshold for investments.



 



 

14. The Geological Survey of India (GSI) has discovered India's largest natural arch in which state?

A.    Jharkhand

B.    Odisha

C.    Nagaland

D.    Tripura

Answer: Option (B)

Explanation:

The Geological Survey of India (GSI) has recently made an extraordinary discovery in the fascinating realm of geology. In the state of Odisha, nestled amidst nature's wonders, lies India's largest natural arch, the awe-inspiring Sundargarh Natural Arch. With an estimated age of 184 million years from the Jurassic period, this geological marvel has captured the attention of scientists and nature enthusiasts alike.

 


 




15. Which country has added 664 animal species to its faunal database and 339 taxa to its flora?

A.    India

B.    Indonesia

C.    United States of America

D.    Canada

Answer: Option (A)

Explanation:

India, a land of diverse ecosystems and rich biodiversity, has recently made significant contributions to its faunal and floral database.



 




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