Daily Current Affairs - 6th July 2023

1.
The government of India named 'Amrit Kaal’ as ____ on 4 June.
(A)
‘Kartavya Kaal'
(B)
'Anushaasan Kaal'
(C)
'Karma Kaal'
(D)
'Nirmaan kaal'

Correct Answer: (A)
Explanation: On 4 June, the government named 'Amrit Kaal’ as ‘Kartavya Kaal'.

2.
Indian Coast Guard & Indian Navy signed an MoU with _______ for developing a gallery at National Maritime Heritage Complex.
(A)
Indian Railway Catering and Tourism Corporation
(B)
Indian Port Rail & Ropeway Corporation Ltd
(C)
Indian Railway Finance Corporation
(D)
Central Organisation for Railway Electrification

Correct Answer: (B)
Explanation: Indian Coast Guard & Indian Navy has signed an MoU with Indian Port Rail & Ropeway Corporation Ltd in Gandhinagar.

3.
India’s share in global commercial services exports has increased from 2% in 2005 to ___________ in 2022.
(A)
4.9%
(B)
4.8%
(C)
5.4%
(D)
4.4%

Correct Answer: (D)
Explanation: According to a World Bank and WTO report, India’s share in global commercial services exports has increased from 2% in 2005 to 4.4% in 2022.

4.
Who has been appointed as the Chief Financial Officer (CFO) of SBI?
(A)
Kameshwar Rao Kodavanti
(B)
PM Prasad
(C)
Prashant Kumar
(D)
Sumant Kathpalia

Correct Answer: (A)
Explanation: Kameshwar Rao Kodavanti has been appointed Chief Financial Officer (CFO) of SBI.

5.
Which of the following was the hottest day recorded at the global level according to data from the U.S. National Centers for Environmental Prediction?
(A)
1st July
(B)
2nd July
(C)
3rd July
(D)
4th July

Correct Answer: (C)
Explanation: July 3rd was the hottest day recorded at the global level according to data from the U.S. National Centers for Environmental Prediction.

6.
Where will the next meeting of the SCO Council of Heads of State be held in 2024?
(A)
Russia
(B)
Kyrgyzstan
(C)
Pakistan
(D)
Kazakhstan

Correct Answer: (D)
Explanation: Shanghai Cooperation Organisation (SCO) Heads of State adopted New Delhi Declaration.

7.
A campaign has been launched by the government to transform 75_______________into Tourism Spots.
(A)
Bus Stands
(B)
Lighthouses
(C)
Beaches
(D)
None of the above

Correct Answer: (B)
Explanation: A campaign has been launched by the government to transform 75 Lighthouses into Tourism Spots.

8.
Who has been appointed as the National Cybersecurity Coordinator?
(A)
Lt Gen Atul Kumar Goel
(B)
Lt Gen M U Nair
(C)
Lt Gen Atanu Kumar Das
(D)
Lt Gen Abhishek Singh

Correct Answer: (B)
Explanation: The government has appointed Lt Gen M U Nair as the new National Cybersecurity Coordinator (NCSC).

9.
Which of the following statements is correct about the 2023 Bird Census of Bihar? 1. 250 species of birds have been found in the Bird Census of Bihar. 2. This year’s bird census was conducted in 26 districts of the state, covering 76 wetlands and three river systems. Select the correct code:
(A)
1 only
(B)
2 only
(C)
1 and 2
(D)
None of the above

Correct Answer: (B)
Explanation: 205 species of birds have been found in the latest Bird Census of Bihar.

10.
Who has recently honored Rajindhar Singh Dhatt with a Points of Light honor?
(A)
British PM Rishi Sunak
(B)
Australian PM Anthony Albanese
(C)
Japanese PM Fumio Kishida
(D)
Canadian PM Justin Trudeau

Correct Answer: (A)
Explanation: Rajinder Singh Dhatt has been honored by British PM Rishi Sunak with a Points of Light honor.

11.
Consider the following statements with reference to the SWAMIH fund- Statement-I: SWAMIH is a Category-II AIF (Alternate Investment Fund) debt fund registered with SEBI (Securities and Exchange Board of India). Statement-II: The Fund is sponsored by the Ministry of Finance. Which one of the following is correct in respect of the above statements?
(A)
Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I
(B)
Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I
(C)
Statement-I is incorrect but Statement-II is correct
(D)
Statement-I is correct but Statement-II is incorrect

Correct Answer: (B)
Explanation: Recently the Prime Minister congratulated new homeowners in Bengaluru’s first project under SWAMIH Fund which has helped more than 3000 families in owning their dream homes. SWAMIH Investment Fund is a government-backed fund, set up as a Category-II AIF (Alternate Investment Fund) debt fund registered with SEBI (Securities and Exchange Board of India). It was launched in 2019 as a social impact fund specifically formed for completing stressed and stalled residential projects. The Fund is sponsored by the Ministry of Finance and is managed by SBICAP Ventures Ltd. (a State Bank Group company).

12.
Consider the following statements with reference to James Webb Space Telescope (JWST). 1. The methyl cation has been detected in space for the first time by the James Webb Space Telescope (JWST). 2. The James Webb Space Telescope is developed by NASA with the assistance of the European Space Agency (ESA) and the Canadian Space Agency. Which of the statements given above is/are not correct?
(A)
1 only
(B)
2 only
(C)
Both 1 and 2
(D)
Neither 1 nor 2

Correct Answer: (D)
Explanation: The CH3+ molecule, which is also known as methyl cation, has been detected in space for the first time by the James Webb Space Telescope (JWST). It was detected in the star and protoplanetary disc system located about 1,350 light-years away in the Orion Nebula which is 1,350 light years from Earth.

13.
Which of the following is/are members of the ‘ South Asia Regional Anti-Doping Organization’? 1. Bangladesh 2. Bhutan 3. Maldives 4. Nepal 5. Sri Lanka Select the correct answer using the code given below:
(A)
1 and 2 only
(B)
2, 3, and 4 only
(C)
1, 3, and 4 only
(D)
1, 2, 3, 4, 5

Correct Answer: (D)
Explanation: Recently, the National Anti-Doping Agency, India signed a Memorandum of Understanding (MoU) with South Asia Regional Anti-Doping Organization. South Asia Regional Anti-Doping Organization was formed in 2007 in the South Asian Anti-Doping Program Project Development Meeting held in Maldives.

14.
With reference to ‘Shanghai Cooperation Organisation(SCO), consider the following statements: 1. India became a full Member State of SCO at the Astana Summit in 2017. 2. The theme of India’s Presidency of SCO is ‘SECURE’ . Which of the statements given above is/are correct?
(A)
1 only
(B)
2 only
(C)
Both 1 and 2
(D)
Neither 1 nor 2

Correct Answer: (C)
Explanation: The eight-member SCO was formed in 2001 by China and Russia with former Soviet central Asian states as members as a political and security group that seeks to counter Western influence in Eurasia. India’s association with the SCO began in 2005 as an Observer country. India became a full Member State of SCO at the Astana Summit in 2017

15.
Which of the following statements is/are correct about ‘Features of the Anti-Defection Law’? 1. A member is not disqualified if he has taken prior permission of his party, or if the voting or abstention is condoned by the party within 15 days. 2. Independent members will be disqualified if they join a political party after getting elected to the House. 3. Nominated members will be disqualified if they join any political party six months after getting nominated. Select the correct answer using the code given below:
(A)
Only one
(B)
Only two
(C)
All three
(D)
None of the above

Correct Answer: (C)
Explanation: Article 102 of the Constitution of India lays down the grounds under which a legislator may be disqualified from being a member of the house.

16.
Consider the following statements 1. India spends nearly 2% of its Gross Domestic Production (GDP) on research and development. 2. Women's participation in scientific research in India is lower than the global average. Which of the statements given above is/are correct?
(A)
1 only
(B)
2 only
(C)
Both 1 and 2
(D)
Neither 1 nor 2

Correct Answer: (B)
Explanation: Statement 1 is not correct: India’s expenditure on research as a proportion of GDP is to about 0.65 per cent now and for the last decade or so, this share has remained almost stagnant.

17.
Which of the following countries are members of the Shanghai Cooperation Organization (SCO) 1. India 2. China 3. Tajikistan 4. Turkmenistan 5. Russia Select the correct answer using the code given below.
(A)
1, 4, and 5 only
(B)
1, 2 ,3, and 5 only
(C)
2 and 3 only
(D)
1, 2,3 ,4 and 5 only

Correct Answer: (B)
Explanation: The Shanghai Cooperation Organization (SCO) is an intergovernmental organization founded in Shanghai on 15 June 2001.

18.
Arranging the following crude countries in ascending order to crude oil supply to India 1. Russia 2. Saudi Arabia 3. Iraq 4. UAE Select the correct answer using the code given below
(A)
3-2-1-4
(B)
1-3-2-4
(C)
1-2-4-3
(D)
2-1-4-3

Correct Answer: (B)

19.
National green tribunal (NGT) deals with which of the following laws 1. The Water (Prevention and Control of Pollution) Act, 1974 2. The Forest (Conservation) Act, 1980 3. Wildlife Protection Act, 1972 4. The Public Liability Insurance Act, 1991; Select the correct answer from the codes given below:
(A)
1, 2 and 4 only
(B)
1 and 3 only
(C)
2, 3 and 4 only
(D)
2 and 4 only

Correct Answer: (A)
Explanation: National Green Tribunal is a statutory body established by a Government Notification using the powers of Section 3 of the NGT Act 2010.

20.
On the occasion of its 68th foundation day, the State Bank of India (SBI) has inaugurated 34 Transaction Banking Hubs across 21 district centres in the country. How will the Transaction Banking Hubs of State Bank of India assist business customers?
(A)
By offering insurance services
(B)
By providing specialized investment advice
(C)
By offering attractive concessions on savings accounts
(D)
By connecting them with subsidiary companies

Correct Answer: (D)
Explanation: The Transaction Banking Hubs will leverage the ‘Power of One’ within the SBI Group to enable seamless connectivity with different business verticals and subsidiary companies.

21.
India’s first domestically built 700 MW nuclear reactor recently started commercial operations at the Kakrapar Atomic Power Project in Gujarat. How much power capacity is the first indigenous 700 MWe Unit, KAPP-3, currently operating at?
(A)
90%
(B)
80%
(C)
70%
(D)
100%

Correct Answer: (A)
Explanation: The KAPP-3 reactor at the Kakrapar Atomic Power Project is currently operating at 90% of its total power capacity.

22.
How many 700 MW pressurized heavy water reactors (PHWRs) does the Nuclear Power Corporation of India Limited (NPCIL) plan to build across the country?
(A)
Eight
(B)
Tem
(C)
Sixteen
(D)
Twenty

Correct Answer: (C)
Explanation: NPCIL has plans to build sixteen 700 MW PHWRs across India, indicating a significant expansion of nuclear power infrastructure.

23.
IDFC First Bank and IDFC Ltd have announced their merger plans, with a share exchange ratio of 155 equity shares of IDFC First Bank for every 100 equity shares of IDFC. What percentage of shareholding does IDFC Limited hold in IDFC First Bank as of June 30, 2023?
(A)
39.93%
(B)
30.89%
(C)
42.75%
(D)
26.42%

Correct Answer: (A)
Explanation: As of June 30, 2023, IDFC Limited, through its non-financial holding company, holds a 39.93% shareholding in IDFC First Bank.

24.
Who will serve as the regulatory body for all trading activities within India’s carbon market?
(A)
Ministry of Power
(B)
Central Electricity Regulatory Commission (CERC)
(C)
Bureau of Energy Efficiency (BEE)
(D)
Grid-India

Correct Answer: (B)
Explanation: The CERC will act as the regulatory body responsible for overseeing all trading activities within the Indian carbon market, ensuring compliance and enforcing regulations.

25.
Which organization will serve as the registry for the carbon market in India?
(A)
Ministry of Power
(B)
Central Electricity Regulatory Commission (CERC)
(C)
Bureau of Energy Efficiency (BEE)
(D)
Grid-India

Correct Answer: (D)
Explanation: Grid-India will function as the registry for the carbon market, maintaining records of carbon credits, transactions, and participant information to ensure transparency and accountability.