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3. In July 2023, Indian Banks’ Association (IBA) formed a _________ member working group for
the Implementation of recommendations from the Reserve Bank of India’s committee on the
working of Asset Reconstruction Companies (ARCs).
1) 8
2) 4
3) 6
4) 5
5) 3
Answer- 4) 5
Explanation:
Indian Banks’ Association (IBA) has formed a five-member working group for the Implementation of
recommendations from the Reserve Bank of India’s committee on the working of Asset
Reconstruction Companies (ARCs).
i. The primary focus of the working group is to conduct a thorough review of assignment agreements
and trust deed templates related to the acquisition of distressed assets by ARCs from lenders.
ii. The aim of this review is to update these templates to align with the evolving changes and
expectations within the ARC sector, enabling them to meet the growing demands of the financial
industry.
Members:
• Ajit Kumar, MD and CEO, Secondary Loan Market Association (SLMA)
• Hari Hara Mishra, CEO, Association of ARCs in India
• MythiliBalasubramanian, Executive Director, Edelweiss ARC;
• Dharmendra Pali, senior official from State Bank of India
• AnupamaRanade, senior official from ICICI Bank
5. Which company has recently (in July ‘23) signed an MoU with Voyager Space to explore
launch and deployment opportunities for small satellites orbited by Small Satellite Launch
Vehicle (SSLV) and Polar Satellite Launch Vehicle (PSLV)?
1) Skyroot Aerospace Private Limited
2) Dhruva Space Private Limited
3) AgniKul Cosmos Private Limited
4) NewSpace India Limited
5) Bellatrix Aerospace Limited
Answer- 4) NewSpace India Limited
Explanation:
Voyager Space, a global leader in space exploration, signed a Memorandum of Understanding (MoU)
with NewSpace India Limited (NSIL), a Central Public Sector Enterprise (CPSE), under Department of
Space (DOS) and the commercial arm of the Indian Space Research Organization (ISRO).
i. The MoU aims to foster collaboration in spacecraft launch and deployment opportunities on-board
NSIL’s Small Satellite Launch Vehicle (SSLV) and Polar Satellite Launch Vehicle (PSLV).
ii. Voyager Space and NSIL will engage in joint research and development efforts to explore the use of
space qualified components from NSIL.
6. When was the World Kiswahili Language Day 2023 celebrated across the globe by the United
Nations Educational, Scientific and Cultural Organization (UNESCO)?
1) 6th July 2023
2) 9th July 2023
3) 7th July 2023
4) 5th July 2023
5) 8th July 2023
Answer- 3) 7th July 2023
7. In July 2023, Rajnath Singh, Union Minister of Defence, launched the National Cadet Corps
(NCC) Integrated Software (NIS), a single window interactive software for Cadets, in New Delhi,
Delhi.
During the event, which bank has recently (in July ‘23) signed an MoU with NCC to open zero
balance accounts for all NCC Cadets?
1) Punjab National Bank
2) State Bank of India
3) Bank of Baroda
4) Indian Bank
5) Bank of Maharashtra
Answer- 2) State Bank of India
Explanation:
On 7th July 2023, Rajnath Singh, Union Minister of Defence, launched the National Cadet Corps (NCC)
Integrated Software (NIS), a single window interactive software for Cadets, in New Delhi, Delhi.
i. During the event, NCC and State Bank of India (SBI) signed a Memorandum of Understanding
(MoU) to open zero balance accounts for all NCC Cadets with debit card, cheque book & passbook
facility under the “Pahli Udaan” scheme, SBI savings account for minors.
8. Which of the following points is/are “correct” with respect to the ‘Performance Grading
Index (PGI): 2.0: 2021-22: States & Union Territories‘ released by the Department of School
Education & Literacy, Ministry of Education (MoE) in July 2023?
A) None of the States/UTs has attained the highest Grade i.e., Daksh
B) Punjab & Delhi have attained Grade Prachesta -2 & Andhra Pradesh, Himachal Pradesh &
Telangana have attained Grade Prachesta – 3.
C) Arunachal Pradesh, Meghalaya & Mizoram has attained the grade Akanshi – 3 (lowest grade)
in PGI 2.0.
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C
5) All A, B & C
Answer- 4) Only A & C
Explanation:
On July 7, 2023, the Department of School Education & Literacy, Ministry of Education (MoE),
released the ‘Performance Grading Index (PGI): 2.0: 2021-22: States & Union Territories‘ which
assesses the performance of school education system at the State/UT level by creating an index for
comprehensive analysis.
• It should be noted that the PGI: 2.0 is the revised version of earlier ‘PGI – State structure for
2021-22’.
i. None of the States/UTs has attained the highest Grade i.e., Daksh and also None of the States/UTs
has attained in the Utkarsh, Atti–Uttam, Uttam and Prachesta– 1 Grades.
ii. The top-most grade attained in PGI 2.0 is Prachesta – 2. It was attained by only 2 States and UTs,
namely Punjab with a score of 647.4 and Chandigarh (659.0).
iii. 6 States/UTs (Gujarat, Kerala, Maharashtra, Delhi, Puducherry, Tamil Nadu ) joined Grade
Prachesta – 3 (score 581-640), and 3 States (Arunachal Pradesh (AP), Meghalaya, Mizoram) in grade
Akanshi – 3 (lowest grade) in PGI 2.0.
iv. Punjab and Chandigarh which are in Prachesta – 2, are ranked 21st and 35th respectively in terms
of their geographical size amongst States/UTs.
9. In July 2023, the United States of America (USA) and India conducted Operation ___________ to
identify illicit and illegal medical products shipped using the International Mail System.
1) Broader Sword
2) Bluebird
3) Lionfish
4) Blue Lotus
5) Garuda
Answer- 1) Broader Sword
10. Which organisation, along with François-Xavier Bagnoud Center for Health and Human
Rights at Harvard University (FXB) released the report with the key finding that half of child
trafficking victims are trafficked within their own country?
1) United Nations Children's Fund
2) International Organization for Migration
3) United Nations High Commissioner for Refugees
4) United Nations Human Settlement Programme
5) International Labour Organization
Answer- 2) International Organization for Migration
Explanation:
The International Organization for Migration (IOM) and François-Xavier Bagnoud Center for Health
and Human Rights at Harvard University (FXB) released a new report titled ‘From Evidence to Action:
Twenty years of IOM child trafficking data to inform policy and programming‘.
• As per the report, half of child trafficking victims are trafficked within their own country.
• In cases of international trafficking, children are mostly trafficked to neighbouring, wealthier
countries.
i. This report, a first of its kind, is based on analysis of extensive, globally sourced data, using the IOM’s
Victims of Trafficking Database (VoTD). It analyzed primary data from more than 69,000 victims of
trafficking of 156 nationalities, trafficked in 186 countries.
ii. VoTD is the largest available international database of individual victims of trafficking. 18.3% of
VoTs in the database were children.
11. Name the Life Insurance company that has recently (in July ‘23) won the Insurer Innovation
Award 2023 for the Asia Pacific (APAC) region at The World’s Digital Insurance Awards.
1) Exide Life Insurance
2) HDFC Life Insurance
3) Max Life Insurance
4) Tata AIA Life Insurance
5) Bajaj Allianz Life Insurance
Answer- 5) Bajaj Allianz Life Insurance
Explanation:
Bajaj Allianz Life Insurance Co. Ltd, has won the Insurer Innovation Award 2023 for the Asia
Pacific(APAC) region at The World’s Digital Insurance Awards. The award was presented to recognise
12. Name the Indian Badminton Player who has recently (in July ‘23) won the Men’s Singles
finals at the Badminton World Federation (BWF) Yonex Canada Open 2023 (Canada Open
2023).
1) Srikanth Kidambi
2) Prannoy H. S.
3) B. Sai Praneeth
4) Satwiksairaj Rankireddy
5) Lakshya Sen
Answer- 5) Lakshya Sen
Explanation:
Indian Badminton Player Lakshya Sen won the Men’s Singles finals at the Badminton World
Federation (BWF) Yonex Canada Open 2023 (Canada Open 2023) defeating China’s Li Shi Feng
(reigning All England champion 2023), held in Calgary, Canada from 4th July – 9th July 2023.
• India’s P.V. Sindhu lost to Japan’s Akane Yamaguchi in the Women’s Singles (semifinals) of
Canada Open 2023.
Event Winner Runner
Men’s Doubles Kim Astrup and Anders Skaarup Frederik Sogaard and Rasmus Kjær
Rasmussen (Denmark) (Denmark)
Women’s Nami Matsuyama and Chiharu Shida Wakana Nagahara and Mayu
Doubles (Japan) Matsumoto (Japan)
Mixed Doubles Hiroki Midorikawa and Natsu Saito Mathias Thyrri and Amalie Magelund
(Japan) (Denmark)
13. Which of the following points is/are “correct” with respect to the amendment made by the
Ministry of Finance in July 2023?
A) The Ministry of Finance has amended the Government Savings Promotion General Rules,
2018 with Government Savings Promotion General (2nd Amendment) Rules, 2023, under
which the Non-resident Indians (NRIs) are made eligible to be nominated as nominee for
government saving schemes.
14. Name the company that has recently (in July ‘23) signed an ‘Teaming Agreement'(TA) with
Spain based shipbuilder Navantia to build 6 advanced diesel-electric submarines for the Indian
Navy.
1) Mazagon Dock Shipbuilders Ltd
2) Garden Reach Shipbuilders & Engineers Ltd
3) Cochin Shipyard Ltd
4) Larsen & Toubro Ltd
5) Goa Shipyard Hindustan Shipyard Ltd
Answer- 4) Larsen & Toubro Ltd
Explanation:
On 10th July 2023, Spain’s shipbuilder Navantia and engineering major Larsen & Toubro Ltd
(L&T), India signed an ‘Teaming Agreement'(TA) in Delhi to jointly bid for a Rs. 43,000-crore (4.8
billion euros) project to build 6 advanced diesel-electric submarines for the Indian Navy.
• The TA was signed for the purpose of submission of a techno-commercial bid for the Indian
Navy’s Project 75 (India) or P75 (I), a military acquisition initiative and submarine programme
affiliated to India’s Ministry of Defence (MoD) .
• This agreement follows a Memorandum of Understanding (MoU) signed between L&T and
Navantia on 11th April 2023 in Madrid, Spain to bid for the Indian Navy’s P75 (I).
15. In July 2023, the Ministry of Petroleum and Natural Gas announced that the Numaligarh
Refinery Limited (NRL) in __________ (state) has been elevated from the ‘Schedule B’ to ‘Schedule
A’ category Central Public Sector Enterprises(CPSE) by the Government of India.
1) Tripura
2) Nagaland
3) Mizoram
4) Meghalaya
5) Assam
Answer- 5) Assam
Explanation:
The Ministry of Petroleum and Natural Gas in its recent notification announced that the largest
refinery in northeast India, The Numaligarh Refinery Limited (NRL) in Assam has been elevated from
the ‘Schedule B’ to ‘Schedule A’ category Central Public Sector Enterprises(CPSE) by Government of
India.
i. With its new status as a ‘Schedule A’ enterprise, NRL becomes eligible to achieve the coveted
Navratna As a Navratna company, NRL will have the freedom to invest up to Rs 1,000 crore without
seeking approval from the central government.
ii. NRL will now have the authority to make swift decisions concerning joint ventures, strategic
partnerships, and special-purpose vehicles, paving the way for strategic growth.
16. Name the company that has recently (in July ‘23) signed a contract with the Ministry of
Defence (MoD) for procurement of 2 Dornier Aircraft for Indian Coast Guard (ICG).
1) Hindustan Aeronautics Limited
2) Bharat Dynamics Limited
3) Airnetz Aviation Private Limited
4) Aroon Aviation Services Private Limited
5) Bharat Electronics Limited
Answer- 1) Hindustan Aeronautics Limited
Explanation:
On 7th July 2023, Ministry of Defence (MoD) signed a contract with Hindustan Aeronautics Limited
(HAL) for procurement of 2 Dornier Aircraft for Indian Coast Guard (ICG). The overall cost is Rs
458.87 crore along with associated Engineering Support package.
i. The aircraft will be procured under the Buy (Indian) Category in New Delhi, Delhi in line with the
Aatmanirbhar Bharat policy.
Note- The Dornier aircraft are being indigenously manufactured at HAL (Transport Aircraft Division),
Kanpur, Uttar Pradesh under “Make in India” initiative.
18. In July 2023, United Nations(UN) International Maritime Organisation (IMO) adopted the
2023 IMO Strategy to reduce Greenhouse gases (GHG) Emissions from international shipping
close to__________.
1) 2040
2) 2030
3) 2025
4) 2050
5) 2035
Answer- 4) 2050
Explanation:
On 7th July 2023, the United Nations (UN) International Maritime Organisation (IMO) adopted the
2023 IMO Strategy at the Marine Environment Protection Committee (MEPC) on Reduction of
Greenhouse gases (GHG) Emissions from Ships, with enhanced targets to tackle harmful emissions.
i. The revised IMO GHG Strategy aims to reach net-zero GHG emissions from international shipping
close to 2050.
ii. IMO has also established a goal to adopt technologies, fuels, and energy sources with zero
greenhouse gas (GHG) emissions, aiming for a minimum adoption rate of 5% and striving for for a
higher adoption rate of 10% by the year 2030.
19. In July 2023, the Reserve Bank of India (RBI) has issued a ‘Draft Circular – Arrangements
with Card Networks for issue of Debit, Credit and Prepaid Cards’ empowering the debit, credit,
and prepaid card users in India with Card network portability with effect from ____________.
1) 1st December 2023
2) 1st October 2023
20. Which of the following points is/are “correct” with respect to the Bajaj Allianz General
Insurance Company, as of July 2023?
A) Bajaj Allianz General Insurance Company (BAGIC) hosted the first-ever General Insurance
Festival of India (GIFI) in Pune, Maharashtra, which officially set a new Guinness World
Records achievement for the largest attendance for an insurance conference.
B) Mayank Chander Kothari (Ahmedabad, Gujarat) won the GIFI awards in the Best Health
Insurance Advisor of India.
C) Shiv Kumar Gupta (Varanasi, Uttar Pradesh) won the GIFI awards in the Best Motor
Insurance Advisor in India.
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C
5) All A, B & C
Answer- 5) All A, B & C
Explanation:
On 3rd July 2023, Bajaj Allianz General Insurance Company (BAGIC), one of the leading private
general insurers of India, hosted the first-ever General Insurance Festival of India (GIFI) in Pune,
Maharashtra, which officially set a new Guinness World Records achievements for the largest
attendance for an insurance conference.
• During GIFI, Bajaj Allianz General Insurance announced the winners and runners of the health
and general insurance advisors across the insurance industry.
i. Mayank Chander Kothari (Ahmedabad, Gujarat) won the GIFI awards in the Best Health Insurance
Advisor of India.
ii. Shiv Kumar Gupta (Varanasi, Uttar Pradesh) won the GIFI awards in the Best Motor Insurance
Advisor in India.
22. According to the United Nations Development Programme (UNDP) and the Oxford Poverty
and Human Development Initiative (OPHI)'s Global Multidimensional Poverty Index (MPI)
released in July 2023, a total of ____________ people moved out of poverty in India within just 15
years (2005/2006 to 2019/2021).
1) 167 million
2) 150 million
3) 415 million
4) 280 million
5) 321 million
Answer- 3) 415 million
Explanation:
The latest update of the Global Multidimensional Poverty Index (MPI) was released by the United
Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative
(OPHI) at the University of Oxford.
i. As per it, a total of 415 million people moved out of poverty in India within just 15 years from
2005/2006 to 2019/2021 showing 55.1% decrease in 2005-06 to 16.4% in 2019-2021.
ii. In India, multidimensional poverty declined from 645 million people in 2005-2006 to 370 million in
2015-2016, and further to 230 million in 2019-2021. Deprivation decreased across all indicators.
iii. The proportion of people multidimensionally poor and deprived of nutrition decreased from
44.3% in 2005-2006 to 11.8% in 2019-2021, and child mortality fell from 4.5% to 1.5%.
iv. Over 18% of the global population (1.1 billion people) live in acute multidimensional poverty
across 110 countries, with Sub-Saharan Africa and South Asia housing the majority of the poor.
23. Which of the following points is/are “correct” with respect to the MoU signed by the
International Financial Services Centres Authority (IFSCA) in July 2023?
A) IFSCA and CPI-India has signed a MoU for mutual assistance and cooperation to increase
mobilization of global sustainable capital flows into India.
B) IFSCA has also signed a MoU with IIM Lucknow Enterprise Incubation Centre (IIML EIC) to
establish a framework for collaboration and mutual understanding between both
organizations for supporting and facilitating FinTech and TechFin entities.
24. According to the 5th edition of Survey on Digital and Sustainable Trade Facilitation by the
United Nations Economic and Social Commission for Asia Pacific’s (UNESCAP) released in July
2023, which country has emerged as the best-performing country in the South Asian region in
terms of trade facilitation?
1) Maldives
2) India
3) Bhutan
4) Bangladesh
5) Nepal
Answer- 2) India
Explanation:
According to the 5th edition of Survey on Digital and Sustainable Trade Facilitation by the United
Nations Economic and Social Commission for Asia Pacific’s (UNESCAP), India has emerged as the
best-performing country in the South Asian region in terms of trade facilitation.
• India has been positioned at the forefront of global trade facilitation efforts, with an impressive
score of 93.55% in 2023 vis a vis 90.32% in 2021 after evaluation of 160 economies(countries)
and 60 trade facilitation measures.
i. India has progressed by achieving a perfect score of 100% in four key areas; Transparency,
Formalities, Institutional Arrangement and Cooperation, and Paperless Trade.
ii. The 2023 survey reveals that India has not made any notable implementation in terms of “Wildlife
Trade Facilitation.”
26. Which of the following points is/are “correct” with respect to the step taken by the Indian
National Space Promotion and Authorisation Centre (IN-SPACe) in July 2023?
A) The IN-SPACe issued an expression of interest (EoI) for the first-of-its-kind Transfer of
Technology (ToT) of the small satellite launch vehicle (SSLV) to Indian private Space firms.
B) The IN-SPACe and ISRO’s Human Space Flight Centre (HSFC) signed an MoU with Lockheed
Martin Corporation to explore opportunities for the utilisation of the Chandrayaan-3 crewed
spacecraft to service Starlab space station.
C) The MoU was signed during the 4th edition of the Space Economy Leaders Meeting (SLEM) in
Bengaluru, Karnataka under the theme "Towards a New Space ERA (Economy, Responsibility,
Alliance)”.
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C
5) All A, B & C
Answer- 4) Only A & C
Explanation:
On 11th July 2023, the Indian National Space Promotion and Authorisation Centre (IN-SPACe) issued
an expression of interest (EoI) for the first-of-its-kind Transfer of Technology (ToT) of the small
satellite launch vehicle (SSLV) to Indian private Space firms.
i. The recipient of this ToT would be able to grow the small satellite segment in a big way, paving the
way for India to become the global hub for such launches.
• SSLV is a 3 stage Launch Vehicle configured with 3 Solid Propulsion Stages and liquid
propulsion based Velocity Trimming Module (VTM) as a terminal stage.
• SSLV is 2m in diameter and 34m in length with lift off weight of ~120 tonnes.
• SSLV is capable of launching 500kg satellite in 500km planar orbit.
27. Which of the following points is/are “correct” with respect to the 50th meeting of the Goods
and Services Tax (GST) Council held at New Delhi, Delhi in July 2023?
A) The GST on snack pellets, the semi-finished ingredient that is used to manufacture snacking
products, is decreased to 12% from 28%.
B) GST exemption on satellite launch services supplied by Indian Space Research Organisation
(ISRO), Antrix Corporation Limited and New Space India Limited (NSIL).
C) A uniform tax rate of 28% will be applied to Casino, Horse Racing, and Online gaming.
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C
5) All A, B & C
Answer- 3) Only B & C
Explanation:
On July 11, 2023, the 50th meeting of the Goods and Services Tax (GST) Council was held in New
Delhi, Delhi under the chairpersonship of Union Minister Nirmala Sitharaman, Ministry of Finance.
i. To mark the milestone of the 50th meeting of the GST Council, Union Minister Nirmala
Sitharaman(Chairperson) released a short video film titled ‘GST Council- 50 steps towards a journey’
in the presence of the Members of the Council.
ii. The GST on snack pellets, the semi-finished ingredient that is used to manufacture snacking
products, is decreased to 5% from 18%. This includes uncooked, unfried and extruded snack
palettes.
iii. GST exemption on satellite launch services supplied by Indian Space Research Organisation
(ISRO), Antrix Corporation Limited and New Space India Limited (NSIL) may be extended to similar
services supplied by organizations in the private sector.
iv. According to the GST council, a uniform tax rate of 28% will be applied to Casino, Horse Racing,
and Online gaming.
• The tax will be based on the face value of purchased chips for casinos, on the full value of bets
placed with bookmakers/totalisators for horse racing, and on the full value of bets placed for
online gaming.
29. Which company has recently (in July ‘23) become the first Central Public Sector Enterprise
(CPSE) in India to get certified for Anti-Bribery Management System (ABMS) by M/s InterCert
USA?
1) Oil and Natural Gas Corporation
2) Power Grid Corporation of India
3) Coal India Limited
4) Indian Oil Corporation Limited
5) Steel Authority of India Limited
Answer- 1) Oil and Natural Gas Corporation
30. Which of the following points is “Incorrect” with respect to the visit of S Jaishankar,
External Affairs Minister (EAM), to the United Republic of Tanzania in July 2023?
1) The EAM co-chaired the 10th session of India-Tanzania Joint Commission on Economic, Technical
and Scientific Cooperation, in Dar-es-Salaam.
2) An MoU has been signed between India and Tanzania for establishing the first IIT campus outside
India named IIT Madras in Zanzibar, Tanzania.
3) S Jaishankar, EAM attended a deck reception onboard Indian Naval Ship (INS) Betwa a guided
missile frigate in Zanzibar, Tanzania along with Sheikh Abdulla Kassim Hanga, President of Zanzibar.
4) He also visited the water project in the Kibamba district of Dar-es-Salaam (Tanzania), which is built
with Indian assistance that supplies water to Dar es Salaam.
5) The Foreign Cooperation Department (FCD) of the government of Haryana and the Tanzania
Investment Centre (TIC) signed a Memorandum of Understanding (MoU) to support the bilateral
economic collaboration and promote greater economic growth.
Answer- 3) S Jaishankar, EAM attended a deck reception onboard Indian Naval Ship (INS) Betwa
a guided missile frigate in Zanzibar, Tanzania along with Sheikh Abdulla Kassim Hanga,
President of Zanzibar.
Explanation:
Dr. S Jaishankar, External Affairs Minister (EAM) went on a four-day official visit to the United
Republic of Tanzania from 5-8 July 2023.
• EAM’s visit to Tanzania will further integrate the bilateral relations between the two nations.
• During the 4 day visit the EAM visited the water project in the Kibamba district of Dar-es-
Salaam (Tanzania), which is built with Indian assistance that supplies water to Dar es Salaam.
He was joined by Jumaa Aweso, the Minister of Water and Irrigation of Tanzania.
• During the 4 day visit the EAM co-chaired the 10th session of India-Tanzania Joint
Commission on Economic, Technical and Scientific Cooperation, in Dar-es-Salaam and signified
the bilateral relations between the 2 nations have always been strong since independence.
• During His visit, on 6th July 2023, a Memorandum of Understanding (MoU) was signed
between India and Tanzania for establishing the first IIT campus outside India named IIT
Madras in Zanzibar, Tanzania.
• On 6th July 2023, S Jaishankar, EAM attended a deck reception onboard Indian Naval Ship
(INS) Trishul, a guided missile frigate in Zanzibar, Tanzania along with Hussein Ali Mwinyi,
President of Zanzibar during his 4 day visit to Tanzania.
• On 11th July 2023, The Foreign Cooperation Department (FCD) of the government of Haryana
and the Tanzania Investment Centre (TIC) signed a Memorandum of Understanding (MoU) to
support the bilateral economic collaboration and promote greater economic growth and
increase investment opportunities between India and Tanzania.
32. Which company has recently (in July ‘23) collaborated with Curlec to launch its first
International Payment Gateway in Malaysia?
1) Razorpay
2) BharatPe
3) PhonePe
4) Paytm
5) Freecharge
Answer- 1) Razorpay
Explanation:
On 12 July 2023, Razorpay, a prominent Indian Full-Stack Payments and Business Banking Platform,
unveiled its first international Payment Gateway in Malaysia, in collaboration with Curlec, under
the brand ‘Curlec By Razorpay’ with the aims to bridge the gap between local and international
payment gateways.
i. Payment Gateway intends to cater to over 5,000 businesses, with a target of achieving an annualised
Gross Transaction Value (GTV) of Malaysian Ringgit 10 billion (USD 2.1 billion) by 2025.
ii. Razorpay bought the Malaysian startup Curlec in a USD($)20 Million deal in February, 2022.
33. Name the organisation that has recently (in July ‘23) signed an MoU with the Ministry of
Defence (MoD) to promote use of millets and healthy eating practices among the Armed Forces.
1) National Bank for Agriculture and Rural Development
2) Food Corporation of India
3) Agricultural and Processed Food Products Export Development Authority
4) Food Safety & Standards Authority of India
34. Which company has recently (in July ‘23) signed a contract with Government e-Marketplace
(GeM) to develop an enhanced version of Government e-Marketplace portal?
1) Infosys Limited
2) Wipro Limited
3) HCL Technologies Limited
4) Tech Mahindra
5) Tata Consultancy Services
Answer- 5) Tata Consultancy Services
Explanation:
Tata Consultancy Services (TCS), India’s largest software exporter signed a contract with
Government e-Marketplace (GeM), Government procurement portal, for developing, implementing,
operating and maintaining the GeM portal in GeM headquarters New Delhi, Delhi.
i. The GeM portal was developed by the erstwhile Directorate General of Supplies and Disposals
(DGS&D) under the Ministry of Commerce with technical support of National E-Governance Division
(NeGD), Ministry of Electronics and Information Technology(MeitY).
35. In July 2023, the Minister of Communications(MoC) Ashwini Vaishnaw inaugurated the
Curtain Raiser of ___________ edition of India Mobile Congress (IMC 2023) in New Delhi,Delhi .
1) 5th
2) 7th
3) 4th
4) 6th
5) 3rd
Answer- 2) 7th
Explanation:
The Minister of Communications(MoC) Ashwini Vaishnaw inaugurated the Curtain Raiser of 7th
edition of India Mobile Congress (IMC 2023) at Pragati Maidan, New Delhi,Delhi .
i. The Department of Telecommunications (DoT) under Ministry of Communications and the Cellular
Operators Association of India (COAI) will jointly host the seventh edition of Asia’s premier digital
36. Name the ministry that has recently (in July ‘23) launched the Action Taken Report (ATR)
Module of AuditOnline.
1) Ministry of Home Affairs
2) Ministry of Finance
3) Ministry of Panchayati Raj
4) Ministry of Science and Technology
5) Ministry of Law and Justice
Answer- 3) Ministry of Panchayati Raj
Explanation:
The Ministry of Panchayati Raj (MoPR) launched the Action Taken Report (ATR) Module of
AuditOnline during a virtual event presided over by Kapil Moreshwar Patil, Union Minister of
State(MoS), MoPR.
i. The module aims to provide a more structured approach to the audit process, ensuring clarity on the
actions taken in response to audit findings.
ii. The ATR Module of AuditOnline will enable Panchayats to become more accountable, efficient,
empowered and corruption-free, ensuring a seamless management and utilization of funds at Gram
Panchayat level across India.
37. S.S. Mundra, Chairman of BSE Limited has launched a new logo during the event organised
to mark the celebration of its __________ foundation day on 10th July 2023.
1) 149th
2) 130th
3) 150th
4) 145th
5) 120th
Answer- 1) 149th
Explanation:
On 10th July 2023, S.S. Mundra, Chairman of BSE Limited (formerly known as the Bombay Stock
Exchange), launched BSE’s new logo during the event organised to mark the celebration of its 149th
foundation day at BSE International Convention Hall, Mumbai, Maharashtra.
i. BSE, established in 1875 as the Native Share & Stock Brokers Association, was the first ever stock
exchange in Asia.
ii. In 1956, BSE became India's 1st stock exchange to receive permanent recognition under the
Securities Contracts (Regulation) Act 1956.
38. Which of the following points is/are “correct” with respect to the Times Higher
Education(THE) ‘Young University Rankings(YUR)-2023 released in July 2023?
A) Mahatma Gandhi University (MGU), Kerala has emerged as top among Indian universities
and secured 77 globally.
B) Nanyang Technological University, Singapore tops the list in 2023 followed by the Hong
Kong University of Science and Technology.
39. Which organisation has recently (in July ‘23) released a report ‘The Impact of
Microplastics and Nanoplastics on Human Health‘ with key findings that Microplastics and
nanoplastics significantly affect the gut microbiomes of humans, animals, and the
environment?
1) World Health Organization
2) Food and Agriculture Organization
3) United Nations Environment Programme
4) United Nations Children's Fund
5) United Nations Framework Convention on Climate Change
Answer- 2) Food and Agriculture Organization
Explanation:
The Food and Agriculture Organization (FAO) released a report titled ‘The Impact of Microplastics
and Nanoplastics on Human Health‘. As per it, Microplastics and nanoplastics significantly affect the
gut microbiomes of humans, animals, and the environment.
40. According to the “2023 UNAIDS Global AIDS Update – The Path That Ends AIDS” released by
Joint United Nations Programme on HIV/AIDS (UNAIDS) in July 2023, the world can end
AIDS by ________ (year).
1) 2028
2) 2025
3) 2030
4) 2035
5) 2040
Answer- 3) 2030
Explanation:
UNAIDS, the Joint United Nations (UN) Programme on Human immunodeficiency viruses
(HIV)/Acquired immune deficiency syndrome (AIDS), report titled “2023 UNAIDS Global AIDS Update
– The Path That Ends AIDS” highlights that there is a path to end AIDS by 2030 and it requires strong
political leadership, following the science, tackling inequalities and ensuring sustainable funding.
i. The report contains data and case studies which highlight that ending AIDS is a political and
financial choice, and that the countries and leaders who are already following the path are achieving
extraordinary results.
ii. Progress in AIDS response has been strongest in the countries and regions such as in eastern and
southern Africa (that have the most financial investments), where new HIV infections have been
reduced by 57% since 2010.
41. Which of the following points is/are “correct” with respect to the steps taken by the
Securities and Exchange Board of India (SEBI) in July 2023?
A) The SEBI has mandated that all entities providing ESG (Environmental, Social, Governance)
rating services to Indian entities to get a certification from it within 6 months w.e.f. July 3,
2023.
B) SEBI has also tightened the disclosure norms for listed companies with strict timelines and
introduced criteria for determining the materiality of events w.e.f. July 15, 2023.
C) Disclosure time for important events or information, such as acquisitions, Scheme of
Arrangement, share consolidation, and securities buyback, has been reduced from 24 hours to
12 hours.
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C
5) All A, B & C
Answer- 5) All A, B & C
42. In July 2023, ___________ became the first bank in India to offer interoperability
between Central Bank Digital Currency (CBDC) and Unified Payment Interface(UPI).
1) ICICI Bank
2) Axis Bank
3) HDFC Bank
4) YES Bank
5) IndusInd Bank
Answer- 3) HDFC Bank
Explanation:
HDFC(Housing Development Finance Corporation) Bank, the largest private sector lender in India
launched UPI QR code(Unified Payments Interface Quick Response code)interoperable with India’s
sovereign digital currency, Central Bank Digital Currency (CBDC).
i. With this, HDFC Bank became the first bank in the country to complete the integration process
between UPI payment system and Digital currency.
ii. HDFC Bank will enable Digital Rupee payments in several cities, including Mumbai, Delhi,
Chandigarh, Bhubaneswar, Bengaluru, Ahmedabad, Guwahati, and Gangtok.
43. Which of the following points is/are “correct” with respect to the cabinet approval in July
2023?
A) The Union Cabinet approved amendments to the Mines and Minerals (Development &
Regulation) MMDR Act of 1957, for the commercial mining of 6 critical minerals: lithium,
titanium, beryllium, zirconium, niobium and tantalum.
B) The proposal will remove the six minerals from India’s ‘Atomic Minerals’ list and empower
the Center to auction their reserves for mining by private players.
C) The Union Cabinet also cleared amendments to the Offshore Areas Mineral (Development
and Regulation)(OAMDR) Act, 2002, which allows commercial mining of mineral resources in
offshore areas.
1) Only A
44. In July 2023, ______________became the first airport in India to get four runways and dual
Eastern Cross Taxiway (ECT) (elevated taxiways).
1) Netaji Subhash Chandra Bose International Airport
2) Sardar VallabhBhai Patel International Airport,
3) Indira Gandhi International Airport
4) Chattrapati Shivaji International Airport
5) Kempegowda International Airport
Answer- 3) Indira Gandhi International Airport
Explanation:
On 14th July 2023, Delhi International Airport, also known as the Indira Gandhi International (IGI)
Airport became the first airport in India to get four runways and dual Eastern Cross Taxiway (ECT)
(elevated taxiways).
• Jyotiraditya M. Scindia, Union Minister for Civil Aviation and Steel inaugurated the new runway
and ECT at IGIA, New Delhi, Delhi.
• The 4.4-km runway with 4,400 metres length and 45 metres width was constructed to handle
Air Traffic Movements (ATM) and widebody aircraft is set to go up from 1,500 flights a day to
2,000.
• The ECT is 2.1 kilometres long and 44 metres wide, with a gap of 47 metres between the two
lanes.
• The taxiways will connect northern and southern airfields and reduce taxi distance for aircraft
by 7 km and taxiing time for planes from 8-9 minutes.
46. Which country has recently (in July ‘23) became the 51st nation to agree to the Treaty of
Amity and Cooperation in Southeast Asia(TAC) with the Association of Southeast Asian Nations
(ASEAN)?
1) Türkiye
2) Saudi Arabia
3) Israel
4) United Arab Emirates
5) Qatar
Answer- 2) Saudi Arabia
Explanation:
On 12th July 2023, Saudi Arabia signed the Treaty of Amity and Cooperation in Southeast Asia (TAC)
with the Association of Southeast Asian Nations (ASEAN) at the 56th ASEAN Foreign Ministers’
Meeting (AMM) in Jakarta, Indonesia.
i. Saudi Arabia became the 51st nation to agree to the TAC and It was signed by Saudi Arabian Foreign
Minister(FM) Prince Faisal bin Farhan Al Saud.
ii. The TAC is a peace treaty signed by ASEAN nations in 1976 to establish a set of norms to manage
regional inter-state interactions based on mutual respect for sovereignty, territorial integrity, and
national identity.
• It is a legally enforceable code for regional and global inter-state relations.
48. Which of the following points is “Incorrect” with respect to the Chandrayaan-3, India’s 3rd
lunar exploration mission launched from Sriharikota, Andhra Pradesh (AP) in July 2023?
1) With successful landing, India will be the 2nd country to land a spacecraft near the Moon's South
Pole at 60 degrees latitude, and the 5th country to soft land on the moon.
2) It consists of indigenous Lander module (LM) called Vikram (Valour), Propulsion Module (PM) and
Rover named Pragyaan (Wisdom) with an objective of developing and demonstrating new
technologies required for Inter planetary missions.
3) The Objectives of Chandrayaan-3 is to demonstrate Safe and Soft Landing on Lunar Surface, to
demonstrate Rover roving on the moon and to conduct in-situ scientific experiments.
4) Chandrayaan 3 mission is nearly identical to the Chandrayaan 2 mission, but the Orbiter
component has been replaced with PM.
5) The data collected by the lander and rover is digitized and transmitted as electromagnetic waves to
a receiver on the circulating PM around the moon.
Answer- 1) With successful landing, India will be the 2nd country to land a spacecraft near the
Moon's South Pole at 60 degrees latitude, and the 5th country to soft land on the moon.
Explanation:
On July 14, 2023, the Indian Space Research Organisation (ISRO) successfully launched ‘Chandrayaan-
3 (Moon Craft)’ spacecraft into orbit onboard Launch Vehicle Mark-3-LVM 3 rocket from SDSC SHAR
(Satish Dhawan Space Centre- Sriharikota Range), Sriharikota, Andhra Pradesh (AP).
• It is India’s third lunar exploration mission after Chandrayaan 1 in 2008, Chandrayaan 2 in
2019.
i. With successful landing, India will be the first country to land spacecraft near Moon’s South Pole
at 70 degrees latitude, and the 4th country to soft land on the moon after the United States (US) with
its surveyor 1 in 1966; Soviet Union/Russia’s Luna 9 in 1966, and China with Chang’s 3 in 2013.
ii. Developed by ISRO, it consists of indigenous Lander module (LM) called Vikram (Valour),
Propulsion Module (PM) and Rover named Pragyaan (Wisdom) with an objective of developing and
demonstrating new technologies required for Inter planetary missions.
49. In June 2023, the engineers at Indian Space Research Organisation (ISRO) facility in
Bengaluru, Karnataka joined the two main components of the NISAR, namely the spacecraft
bus and the radar instrument payload, to create a single spacecraft.
What does ‘S’ stand for in NISAR?
1) System
2) Secondary
3) Synthetic
4) Supernova
5) Station
Answer- 3) Synthetic
Explanation:
In June 2023, the engineers at Indian Space Research Organisation (ISRO) facility in Bengaluru,
Karnataka joined the two main components of the NASA-ISRO Synthetic Aperture Radar (NISAR),
namely the spacecraft bus and the radar instrument payload, to create a single spacecraft.
i. On 8th March 2023, the payload ( L-band radar and S-band Radar) arrived from the National
Aeronautics and Space Administration (NASA)’s Jet Propulsion Laboratory in Southern California, the
United States of America(USA) to Bengaluru and the bus was built at the ISRO facility.
ii. NISAR jointly developed by NASA and ISRO is set to launch in early 2024 from the Satish Dhawan
Space Centre in Sriharikota, Andhra Pradesh(AP) atop ISRO’s Geosynchronous Satellite Launch
Vehicle (GSLV) Mark II rocket.
iii. According to ISRO, NISAR will map the entire globe in 12 days and provide spatially and
temporally consistent data for understanding changes among other observables, the dynamics of
forests, wetlands, and agricultural lands.
50. In July 2023, the Insurance Regulatory and Development Authority of India (IRDAI)
selected Tata AIG General Insurance Company Limited as the lead non-life insurer for ___________
(state).
1) Odisha
2) Maharashtra
3) Gujarat
4) Madhya Pradesh
5) Uttar Pradesh
Answer- 2) Maharashtra
STATIC GK
51. In June 2023, _______________ (Colonel) became the first woman officer of the Army Service
Corps to assume command of a Communication Zone Mechanical Transport Battalion.
1) Sangeeta Sardana
2) Shiva Chauhan
3) Madhuri Kanitkar
4) Priya Jhingan
5) Shuchita Shekhar
Answer- 5) Shuchita Shekhar
Explanation:
Colonel Shuchita Shekhar has become the first woman officer of the Army Service Corps to assume
command of a Communication Zone Mechanical Transport Battalion.
i. The Communication Zone Mechanical Transport Battalion is responsible for the maintenance of the
Supply Chain of the fully operational Northern Command.
52. Who has recently (in June ‘23) become the first Indian to win the National Collegiate Table
Tennis Association (NCTTA) Male Athlete of the Year award for his exceptional performances
in 2022-23?
1) Sathiyan Gnanasekaran
2) Sharath Kamal
3) Anthony Amalraj
4) Mudit Dani
5) Soumyajit Ghosh
Answer- 4) Mudit Dani
Explanation:
Indian paddler Mudit Dani has entered the history books by becoming the first Indian to win the
National Collegiate Table Tennis Association (NCTTA) Male Athlete of the Year award for his
exceptional performances in 2022-23.
i. The NCTTA is a national organisation of USA Table Tennis and the prestigious award is given to the
best performing male athlete across USA and Canadian universities at the end of every season.
54. In July 2023, Rikkie Valerie Kollé became the first-ever transgender to be crowned Miss
__________ (country).
1) Finland
2) Spain
3) Netherlands
4) Italy
5) Indonesia
Answer- 3) Netherlands
Explanation:
Rikkie Valerie Kollé, a model of Moluccan and Dutch descent, has become the first-ever transgender
to be crowned Miss Netherlands. Rikkie wants to be a voice and role model for the Queen community.
55. Which state government has recently (in June ‘23) overtook Tamil Nadu to become the top
state in the installed wind energy capacity in the country?
1) Gujarat
2) Madhya Pradesh
3) Maharashtra
4) Rajasthan
5) Andhra Pradesh
Answer- 1) Gujarat
Explanation:
In June 2023, Gujarat became the No.1 State in installed wind power capacity, pushing the long-time
leader Tamil Nadu to the second spot.
i. As of May 31, 2023, Gujarat’s total installed capacity of wind power stood at 10,416 MW, while
Tamil Nadu’s wind power capacity was at 10,125 MW.
56. Which team has recently (in July ‘23) defeated Nellai Royal Kings (NRK) to win the Tamil
Nadu Premier League (TNPL) 2023 title?
1) Dindigul Dragons
2) Ba11sy Trichy
3) Salem Spartans
57. Which city will host the World Weightlifting Championships 2023 in September 2023?
1) Vienna, Austria
2) Stockholm, Sweden
3) Paris, France
4) Montreal, Canada
5) Riyadh, Saudi Arabia
Answer- 5) Riyadh, Saudi Arabia
Explanation:
Two-time medallist Mirabai Chanu will once again spearhead the Indian challenge in the World
Weightlifting Championships 2023 in Riyadh, Saudi Arabia, in September, 2023. Apart from
Chanu (49kg), Commonwealth Games medallists Bindyarani Devi (55kg) and Achinta Sheuli (73kg),
Shubham Todkar (61kg) and Narayana Ajith (73kg) will also compete in the world event.
i. The same squad will be competing at the Asian Games, barring Todkar. It will be Tokyo Olympic
silver medallist Chanu's first competition since the Asian Championships in May, where she finished
sixth.
58. Which state has recently (in July ‘23) launched a scheme to teach its regional language to
children of migrant workers?
1) Telangana
2) Gujarat
3) Kerala
4) Andhra Pradesh
5) Tamil Nadu
Answer- 5) Tamil Nadu
Explanation:
Tamil Nadu School Education Minister Anbil Mahesh Poyyamozhi in Tirupur launched ‘Tamil Mozhi
Karpom’ (Lets learn Tamil) scheme to teach Tamil to children of migrant workers.
i. Besides their mother tongue, the children of migrant workers will also be taught Tamil. The scheme
will be implemented across Tamil Nadu.
60. Which Bank has been recently (in July ‘23) named as World's Best Bank for Corporate
Responsibility in the prestigious Euromoney Awards for Excellence 2023?
1) Standard Chartered Bank
2) Deutsche Bank
3) DBS Bank
4) Citibank
5) HSBC International Limited
Answer- 3) DBS Bank
Explanation:
DBS, a leading financial services group in Asia, has been named the World's Best Bank for
Corporate Responsibility in the prestigious Euromoney Awards for Excellence 2023. In the same
awards, DBS was also recognised as Asia's Best Bank for Wealth Management for a second consecutive
year.
i. The Euromoney Awards for Excellence are widely regarded as one of the most esteemed accolades
in the global banking industry and are seen as an endorsement of excellence and best practices.
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