Current Affairs Quiz: July 11, 2021

Current Affairs 11 July 2021 Quiz

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Quiz from Current Affairs 10 July 2021 of A2Z – Click Here to Read Current Affairs of July 10, 2021

  1. Which bank has signed MOU with the Indian Army offering a defence service salary package under its “Power Salute” initiative?
    A) South Indian Bank
    B) Axis Bank
    C) ICICI Bank
    D) DCB Bank
    View Answer
    Option B
    Explanation:

    The country’s third-largest private lender Axis Bank signed MOU with the Indian Army offering a defence service salary package under its “Power Salute” initiative.
  2. Max Bupa has partnered with which bank to provide comprehensive and best-in-class health insurance solutions to its customers?
    A) Axis Bank
    B) Yes Bank
    C) Federal Bank
    D) Bandhan Bank
    View Answer
    Option A
    Explanation:

    Max Bupa has embarked on a Corporate Agency partnership with Axis Bank, India’s third largest private sector bank, to provide comprehensive and best-in-class health insurance solutions to its customers.
  3. Zaila Avant-garde who has won the 2021 Scripps National Spelling Bee hails from which country?
    A) USA
    B) Gambia
    C) Australia
    D) Poland
    View Answer
    Option A
    Explanation:

    Zaila Avant-garde, an African-American, from New Orleans in Louisiana, has won the 2021 Scripps National Spelling Bee. The 14-year-old Avant-garde, who is also an accomplished basketball player, is the first African-American contestant to win the prestigious competition in its 93 years history.
  4. International Monetary Fund approved how much amount to support economically vulnerable nations as they battle the coronavirus pandemic?
    A) $710 billion
    B) $590 billion
    C) $650 billion
    D) $430 billion
    View Answer
    Option C
    Explanation:

    The executive board of the International Monetary Fund approved a $650 billion expansion in resources to support economically vulnerable nations as they battle the coronavirus pandemic.
  5. Which airport became the third busiest airport in India during the period of January-May 2021?
    A) Netaji Subhas Chandra Bose International Airport
    B) Chhatrapati Shivaji International Airport
    C) Cochin International Airport Limited
    D) Sardar Vallabhbhai Patel International Airport
    View Answer
    Option C
    Explanation:

    Despite the raging pandemic which had badly affected the aviation sector worldwide, the Cochin International Airport Limited (CIAL) increased its tally in international traffic from the fourth position to the third during the period of January-May 2021. Cochin airport handled 5,89,460 international passengers during the five months and attained the third position after Delhi and Mumbai airports
  6. Which country topped the list of countries in the world where All India Radio Live-streams on NewsOnAir App are most popular?
    A) Fiji
    B) USA
    C) Canada
    D) Norway
    View Answer
    Option B
    Explanation:

    The US continues to remain in number one position in the latest rankings of top countries in the world where All India Radio Live-streams on NewsOnAir App are most popular.
  7. The book titled “The Light of Asia” is written by whom?
    A) Diyva Pal
    B) Krishna Menon
    C) Shashi Tharoor
    D) Jairam Ramesh
    View Answer
    Option D
    Explanation:

    The book titled “The Light of Asia” written by Jairam Ramesh has been released recently. This book is a biography of an epic bio-poem on the Buddha.
  8. In July 2021, Indian Naval Ship Tabar participated in military exercises with a frontline frigate of which country’s Navy?
    A) Italy
    B) Philippines
    C) UK
    D) France
    View Answer
    Option A
    Explanation:

    Indian Naval Ship Tabar participated in military exercises with a frontline frigate of the Italian Navy after it entered the Port of Naples as part of an ongoing deployment to the Mediterranean.
  9. Which state/UT government announced to have its own over-the-top (OTT) platform by November 1?
    A) Assam
    B) Jammu & Kashmir
    C) West Bengal
    D) Kerala
    View Answer
    Option D
    Explanation:

    The Kerala State government’s proposed foray into the online content streaming space with the launch of an over-the-top (OTT) platform is a cultural intervention, rather than something prompted by the market or revenues.
  10. Which tech giant launched its newsletter product Bulletin, a standalone platform for free and paid articles and podcasts?
    A) Microsoft
    B) Apple
    C) Facebook
    D) Google
    View Answer
    Option C
    Explanation:

    Facebook, launched its newsletter product Bulletin, a standalone platform for free and paid articles and podcasts that will aim to rival Substack.
  11. In July 2021, a sandcastle towering 21.16 metres high which reportedly set a Guinness World Record is built in which country?
    A) Canada
    B) Denmark
    C) Ethiopia
    D) Germany
    View Answer
    Option B
    Explanation:

    A sandcastle in Denmark towering 21.16 metres high has reportedly set a Guinness World Record.
  12. In which state is the India’s first maritime arbitration centre going to be set up?
    A) Kerala
    B) Gujarat
    C) Tamil Nadu
    D) Uttar Pradesh
    View Answer
    Option B
    Explanation:

    The Gujarat Maritime University signed a Memorandum of Understanding (MoU) with the International Financial Services Centres Authority in GIFT City to promote the Gujarat International Maritime Arbitration Centre (GIMAC).
  13. Finance Minister Nirmala Sitharaman participated virtually in the G20 High-Level Tax Symposium on tax policy and Climate Change. The Symposium was organised by which country?
    A) USA
    B) Russia
    C) UK
    D) Italy
    View Answer
    Option D
    Explanation:

    Finance Minister Nirmala Sitharaman participated virtually in the G20 High-Level Tax Symposium on tax policy and Climate Change. The Symposium was organised by G20 Italy, ahead of the 3rd G20 Finance Ministers and Central Bank Governors Meeting.
  14. Who won the Serbia Open Chess Championship?
    A) Nihal Sarin
    B) Adhiban Baskaran
    C) Krishnan Sasikiran
    D) Parimarjan Negi
    View Answer
    Option A
    Explanation:

    Young Indian chess sensation Nihal Sarin won the Masters’ section of the Serbia Open Chess Championship, his second consecutive tournament victory, after claiming the title in Silver Lake Open, which has propelled him into the top 100 in live chess ratings.
  15. Two-time Olympic gold medallist, Keshav Datt who passed away in July 2021 won medals in which sport?
    A) Volleyball
    B) Swimming
    C) Hockey
    D) Archery
    View Answer
    Option
    Explanation:

    Two-time Olympic gold medallist in hockey, Keshav Datt, died due to age-related ailments. Datt was 95.
  16. In July 2021, Multi Commodity Exchange of India entered into a Memorandum of Understanding (MOU) with which energy exchange to share knowledge and exchange expertise on electricity derivative products?
    A) European Energy Exchange AG
    B) Tokyo Energy Exchange
    C) Ice Endex
    D) Intercontinental Exchange
    View Answer
    Option A
    Explanation:

    Multi Commodity Exchange of India and European Energy Exchange AG (EEX) have entered into a Memorandum of Understanding (MOU), with the objective of knowledge sharing and exchanging of expertise on electricity derivative products.
  17. School Education department of which state/UT topped the country under NISHTHA programme?
    A) Karnataka
    B) Odisha
    C) Jammu & Kashmir
    D) Chandigarh
    View Answer
    Option C
    Explanation:

    The Department of School Education, Jammu and Kashmir, has topped the country with some 80600 elementary teachers trained on the online platform, Nishtha, launched by the Ministry of Education, government of India.
    National Initiative for School Heads’ and Teachers’ Holistic Advancement (NISHTHA)
  18. Which neobank partnered with HDB Financial Services to offer a credit line and high-ticket personal loans to customers across multiple cities in India?
    A) Open
    B) InstantPay
    C) Niyo
    D) FREO
    View Answer
    Option D
    Explanation:

    Neobank FREO has partnered with HDB Financial Services to offer a credit line and high-ticket personal loans to customers across multiple cities in India.
  19. Drip Capital, a fintech provider of cross border trade finance, has partnered with which bank to offer trade financing solutions — customised for small and medium-sized exporters in India?
    A) SBM Bank India
    B) HSBC Bank India
    C) City Bank India
    D) Barclays Bank India
    View Answer
    Option A
    Explanation:

    Drip Capital, a fintech provider of cross border trade finance, has partnered with SBM Bank India to offer trade financing solutions — customised for small and medium-sized exporters in India.
  20. Which of the following has modified the norms for interest on unclaimed amount after a term deposit matures?
    A) Finance Ministry
    B) Reserve Bank of India
    C) Department of Financial Services
    D) National Securities Depository Limited
    View Answer
    Option B
    Explanation:

    RBI has decided that if a term deposit matures and proceeds are unpaid, the amount left unclaimed with the bank shall attract rate of interest as applicable to savings account or the contracted rate of interest on the matured TD, whichever is lower.

STATIC GK BASED ON CURRENT AFFAIRS

  1. Where is the HQ of Max Bupa Health Insurance Company situated?
    A) Hyderabad
    B) Kochi
    C) Pune
    D) New Delhi
    View Answer
    Option D
    Explanation:

  2. Where is the HQ of neobank FREO situated?
    A) Bengaluru
    B) Mumbai
    C) Chennai
    D) Pune
    View Answer
    Option A
    Explanation:

    A neobank is a type of direct bank that operates exclusively online without traditional physical branch networks.
  3. Where is the HQ of Multi Commodity Exchange of India Ltd situated?
    A) Hyderabad
    B) Mumbai
    C) Chennai
    D) Kolkata
    View Answer
    Option B

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