Current Affairs Quiz: July 10, 2021

Current Affairs 10 July 2021 Quiz

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Quiz from Current Affairs 9 July 2021 of A2Z – Click Here to Read Current Affairs of July 9, 2021

  1. Where did the Indian Army inaugurated a war memorial on the occasion of the birthday of Captain Gurjinder Singh Suri, who died during the operation “Birsa Munda” in 1999?
    A) Gulmarg
    B) Srinagar
    C) Pahalgam
    D) Manali
    View Answer
    Option A
    Explanation:

    On the occasion of the birthday of Captain Gurjinder Singh Suri, who died during the operation “Birsa Munda” in 1999, the Indian Army inaugurated a war memorial in memory of Captain in Gulmarg near the Line of Control (LOC).
  2. After which bollywood actress has the Indian Army named one of its firing ranges in Kashmir?
    A) Tapsee Pannu
    B) Priyanka Chopra
    C) Kareena Kapoor
    D) Vidya Balan
    View Answer
    Option D
    Explanation:

    The Indian Army has named one of its firing ranges in Kashmir after Bollywood actress Vidya Balan.
  3. Under which category is the retail and wholesale trade included by the Reserve Bank of India in July 2021?
    A) NSIC
    B) MSME
    C) EPFO
    D) GeM
    View Answer
    Option B
    Explanation:

    The Reserve Bank of India (RBI) has notified the inclusion of retail and wholesale trade under the ambit of the MSME (micro, small and medium enterprise) category.
  4. Which Union Territory has signed a Memorandum of Understanding (MoU) with Himalayan Forest Research Institute (HFRI) for forest cover development in the region?
    A) Daman & Diu
    B) Puducherry
    C) Delhi
    D) Ladakh
    View Answer
    Option D
    Explanation:

    Union Territory of Ladakh and Himalayan Forest Research Institute (HFRI) have signed a Memorandum of Understanding (MoU) for forest cover development in the region.
  5. In July 2021, the union finance ministry released how much amount as fourth monthly installment of Post-Devolution Revenue Deficit Grant making it a total of 39 thousand 484 crore rupees released to eligible states in the current financial year so far?
    A) Rs 8,663 cr
    B) Rs 9,871 cr
    C) Rs 9,098 cr
    D) Rs 8,378 cr
    View Answer
    Option B
    Explanation:

    The Union Finance Ministry has released the fourth monthly installment of Post-Devolution Revenue Deficit Grant of over nine thousand 871 crore rupees to the 17 states. A total amount of 39 thousand 484 crore rupees has been released to eligible states in the current financial year so far.
  6. Which union ministry has implemented SPARSH, a web-based system to process pension claims directly into the bank accounts of related people?
    A) Defence Ministry
    B) Ministry of Home Affairs
    C) Ministry of External Affairs
    D) Ministry of Finance
    View Answer
    Option A
    Explanation:

    The Defence Ministry has implemented SPARSH, an integrated system for automation of sanction and disbursement of defence pension.
  7. In July 2021, Union Cabinet approved the Memorandum on Cooperation (MoC) between Competition Commission of India (CCI) and which country’s Fair Trade Commission to promote and strengthen cooperation in the matter of Competition Law and Policy?
    A) Japan
    B) Sweden
    C) Netherlands
    D) UK
    View Answer
    Option A
    Explanation:

    The Union Cabinet has approved the Memorandum on Cooperation (MoC) between Competition Commission of India (CCI) and Japan Fair Trade Commission (JFTC) to promote and strengthen cooperation in the matter of Competition Law and Policy.
  8. For a new scheme called ‘India COVID-19 Emergency Response and Health System Preparedness Package: Phase-II’, union cabinet approved how much amount for financial year 2021-22?
    A) Rs 26,348 crore
    B) Rs 39,092 crore
    C) Rs 37,761 crore
    D) Rs 23,123 crore
    View Answer
    Option D
    Explanation:

    The Union Cabinet approved a new scheme ‘India COVID-19 Emergency Response and Health System Preparedness Package: Phase-II’ amounting to Rs 23,123 crore for financial year 2021-22.It also includes Paediatric Care and with measurable outcomes.Phase -2 will be implemented from 1st of July 2021 to 31st March 2022.
  9. Where did Amazon India launched its first ‘Digital Kendra’ in India as part of its commitment to digitise 10 million Indian micro, small and medium enterprises by 2025?
    A) Agra
    B) Gurugram
    C) Surat
    D) Lucknow
    View Answer
    Option C
    Explanation:

    Amazon India launched its first ‘Digital Kendra’ in Surat, Gujarat, as part of its commitment to digitise 10 million Indian micro, small and medium enterprises by 2025.
  10. In July 2021, Manu Sawhney resigned from the post of CEO of which organization?
    A) Board of Control for Cricket in India
    B) International Cricket Council
    C) Indian Premier League
    D) FIFA
    View Answer
    Option B
    Explanation:

    International Cricket Council (ICC) CEO Manu Sawhney resigned from his position, four months after his allegedly “abrasive conduct” came under the scanner during an internal investigation, prompting the world body to send him on leave.
  11. The Reserve Bank asked banks and financial institutions to use any widely accepted alternative reference rate (AAR) instead of LIBOR (London Interbank Offered Rates) as the reference rate for entering into new financial contracts by which date?
    A) 31st August, 2021
    B) 31st October, 2021
    C) 30th November, 2021
    D) 31st December, 2021
    View Answer
    Option D
    Explanation:

    The Reserve Bank asked banks and financial institutions to use any widely accepted alternative reference rate (AAR) instead of LIBOR (London Interbank Offered Rates) as the reference rate for entering into new financial contracts by Dec 31.
  12. For 2022 Women’s Asian Cup, Mumbai and Pune have been chosen as venues by Asian Football Federation after dropping which 2 venues?
    A) Bhubaneswar and Ahemdabad
    B) Jaipur and Gurugram
    C) Bhopal and Lucknow
    D) Agra and Surat
    View Answer
    Option A
    Explanation:

    Next year’s women’s Asian Cup in India will be held in Mumbai and Pune after the Asian Football Confederation dropped Bhubaneswar and Ahemdabad as venues to minimise the travelling time for participants and ensure an “optimum environment” for a bio-secure bubble.
  13. Which mobile app has been launched by Institute of Chartered Accountants of India, ICAI for students of foundation, intermediate and final course students to provide next-generation interactive learning?
    A) ICAI-VOG
    B) ICAI-BOS
    C) ICAI-POL
    D) ICAI-DOF
    View Answer
    Option B
    Explanation:

    Institute of Chartered Accountants of India, ICAI launched a mobile app for students of foundation, intermediate and final course students. The mobile app named, “ICAI-BOS” will have to potential to provide next-generation interactive learning and innovative ways to improve quality services to the students and to establish a strong connection with them as well. The ICAI Board of Studies (Academics) launched the mobile app.
  14. Which Indian has been awarded the Humboldt Research Award for Economics by Bucerius Law School in Hamburg, Germany?
    A) Tapan Mitra
    B) Ravi Kanbur
    C) Amartya Sen
    D) Kaushik Basu
    View Answer
    Option D
    Explanation:

    Indian economist Kaushik Basu has been awarded the Humboldt Research Award for Economics. The award was conferred on him by Professor Dr Hans-Bernd Schäfer of Bucerius Law School in Hamburg, Germany.
  15. Which insurance company has entered into a corporate agency agreement with Bank of India to sell its products through bank’s vast network of branches?
    A) ICICI Lombard
    B) Bajaj Allianz General Insurance
    C) Bajaj Finserv Ltd.
    D) IFFCO Tokio General Insurance Company
    View Answer
    Option B
    Explanation:

    Bajaj Allianz General Insurance and Bank of India have entered into a corporate agency agreement.
  16. PVSLN Murty has joined at which post of North Eastern Development Finance Corporation Ltd. (NEDFi)?
    A) CMD
    B) CEO
    C) Chairman
    D) Director
    View Answer
    Option A
    Explanation:

    PVSLN Murty has joined as the new Chairman & Managing Director of North Eastern Development Finance Corporation Ltd. (NEDFi).
  17. How much loan amount has been sanctioned by NABARD under the Rural Infrastructure Development Fund (RIDF) for ‘Construction of Phase II Building of Goa Dental College and Hospital, Bambolim, Goa?
    A) Rs2563.15 lakh
    B) Rs2026.15 lakh
    C) Rs2154.15 lakh
    D) Rs2891.15 lakh
    View Answer
    Option D
    Explanation:

    NABARD has sanctioned a loan worth Rs2891.15 lakh under the Rural Infrastructure Development Fund (RIDF) to the Government of Goa for ‘Construction of Phase II Building of Goa Dental College and Hospital, Bambolim, Goa.
  18. According to a report by Organisation for Economic Co-operation and Development (OECD), about how many jobs were lost worldwide during the COVID-19 pandemic?
    A) 13.3 crore
    B) 12.6 crore
    C) 11.4 crore
    D) 10.1 crore
    View Answer
    Option C
    Explanation:

    About 11.4 crore jobs were lost worldwide during the COVID-19 pandemic, the Organisation for Economic Co-operation and Development (OECD) has said in a report.
  19. Kumar Ramsay who passed away was related to which field?
    A) Filmmaker
    B) Politician
    C) Poet
    D) Actor
    View Answer
    Option A
    Explanation:

    Screenwriter and filmmaker Kumar Ramsay, the eldest amongst Ramsay Brothers, passed away due to a cardiac arrest. He was 85.
  20. Which US based bank has offered a unique U.S. bank account for Indian students gearing up for admissions in the U.S., that can be opened and operated from India?
    A) Aeldra Financial Inc.
    B) Blue Ridge Bank
    C) CopperTeens Bank
    D) Arival Bank
    View Answer
    Option A
    Explanation:

    To cater to Indian students gearing up for admissions in the U.S., Aeldra Financial Inc., a Silicon-valley based pioneering ‘digital neo bank’, is offering a unique U.S. bank account with a Mastercard Global Debit Card that can be opened and operated from India, even before students get an F-1 visa.
  21. Which of the following rolled out various developmental measures for MSMEs on World MSME Day on June 27, 2021?
    A) National Housing Bank
    B) National Bank for Agriculture and Rural Development
    C) IFCI Ltd
    D) Small Industries Development Bank of India
    View Answer
    Option D
    Explanation:

    Small Industries Development Bank of India (SIDBI) said it has rolled out various developmental measures for MSMEs on World MSME Day on June 27, 2021. Under its project SAHAS, SIDBI has soft-launched “Swavalamban Chair for MSME Solutions,” at Government Engineering College, Thrissur.
  22. Advertising Standards Council of India (ASCI) has signed an agreement with which of the following to safeguard consumers against misleading claims in food and beverage (F&B) advertisements?
    A) Food Safety and Standards Authority of India
    B) Food and Drug Administration
    C) Food Corporation of India
    D) Bureau of Indian Standards
    View Answer
    Option A
    Explanation:

    Ad regulator the Advertising Standards Council of India (ASCI) announced that it has signed an agreement with the Food Safety and Standards Authority of India (FSSAI) to safeguard consumers against misleading claims in food and beverage (F&B) advertisements.
  23. In July 2021, the National Commodity Derivatives Exchange (NCDEX) launched two agriculture-focused commodity indices named NCDEX Soydex and what?
    A) NCDEX Cornex
    B) NCDEX Wheatex
    C) NCDEX Guarex
    D) NCDEX Barlex
    View Answer
    Option C
    Explanation:

    The National Commodity Derivatives Exchange (NCDEX) has launched two agriculture-focused commodity indices NCDEX Guarex and NCDEX Soydex.
    Guarex will track price movement in Guar Seed and Guar Gum Refined Splits. Soydex for Soybean and Refined Soy Oil.

STATIC GK BASED ON CURRENT AFFAIRS

  1. Where is North Eastern Development Finance Corporation Ltd. situated?
    A) Guwahati, Assam
    B) Shillong, Meghalaya
    C) Gangtok, Sikkim
    D) Kohima, Nagaland
    View Answer
    Option A
  2. Where is the HQ of Advertising Standards Council of India situated?
    A) Pune
    B) Jaipur
    C) Gurugram
    D) Mumbai
    View Answer
    Option D
  3. Where s the HQ of Food Safety and Standards Authority of India situated?
    A) Mumbai
    B) Delhi
    C) Pune
    D) Chennai
    View Answer
    Option B

  4. Where is the HQ of National Commodity and Derivatives Exchange situated?
    A) Mumbai
    B) Delhi
    C) Pune
    D) Chennai
    View Answer
    Option A

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