21st July 2023 Current Affairs Quiz

21st July 2023 Current Affairs
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21st July 2023 Current Affairs Quiz – Step into the world of the latest events and notable occurrences with our Current Affairs 21st July 2023. Stay informed and test your knowledge on significant happenings of the day with our thoughtfully crafted questions Current Affairs Quiz 21st July 2023. Whether you’re a news enthusiast or simply seeking to stay updated, our Daily Current Affairs Quiz is designed to challenge and inform you about the most relevant topics. Let’s dive into the realm of current affairs and put your knowledge to the test with our engaging quiz for 21st July 2023 Daily Current Affairs.

21st July 2023 Current Affairs | Today GK Quiz

1. What is the significance of July 23rd in India’s broadcasting history?

A) It marks the inception of the Indian Broadcasting Company Ltd (IBC).
B) It commemorates the founding of All India Radio (AIR).
C) It celebrates the establishment of Akashvani, inspired by Rabindranath Tagore’s poem.
D) It symbolizes the formation of the Radio Club of Bombay.

Answer: B) It commemorates the founding of All India Radio (AIR).

Explanation: July 23rd holds significance in India’s broadcasting history as it marks the foundation of All India Radio (AIR). Originally known as the “Indian Broadcasting Company Ltd (IBC),” this private company was transformed into All India Radio on June 8, 1936. Since then, the date of July 23rd has been celebrated as National Broadcasting Day in India.

2. What role did Akashvani play during the 1971 war?

A) It supported Bangladesh’s liberation struggle against British colonial rule.
B) It played a crucial role in inspiring and mobilizing Indians against British colonial rule.
C) It supported Bangladesh’s liberation struggle against repressive Pakistani forces.
D) It provided a platform for Netaji Subhash Chandra Bose’s broadcasts.

Answer: C) It supported Bangladesh’s liberation struggle against repressive Pakistani forces.

Explanation: Akashvani, also known as All India Radio (AIR), played a significant role during the 1971 war by supporting Bangladesh’s liberation struggle against repressive Pakistani forces. The radio station served as a crucial medium to inspire and mobilize support for Bangladesh’s fight for independence, highlighting the immense impact of radio broadcasting in shaping the destiny of the nation.

3. What was the significance of Turkey’s shifting stance during the NATO summit?

A) Turkey agreed to increase its defense spending to 2% of its GDP.
B) Turkey joined NATO as a new member during the summit.
C) Turkey withdrew its objection and supported Sweden’s bid for NATO membership.
D) Turkey expressed concerns about Ukraine’s aspirations to join NATO.

Answer: C) Turkey withdrew its objection and supported Sweden’s bid for NATO membership.

Explanation: During the NATO summit, Turkey’s President Recep Tayyip Erdogan agreed to withdraw his objection to Sweden’s bid for NATO membership. Initially, Turkey had blocked Sweden’s membership over concerns about its handling of Kurdish militant groups. However, after meetings with Secretary-General Jens Stoltenberg and Swedish Prime Minister Ulf Kristersson, Erdogan committed to presenting Sweden’s ratification to Turkish lawmakers in October. This positive shift in stance was considered a pivotal achievement during the summit.

4. What was the core principle of NATO that was reaffirmed during the summit in response to potential Russian aggression?

A) The commitment to allocate at least 2% of GDP towards defense spending.
B) The emphasis on reinforcing NATO’s strength with Scandinavian membership.
C) The acknowledgment of Ukraine’s stability and democracy for membership consideration.
D) The principle of collective defense, where an attack on one member is an attack on all.

Answer: D) The principle of collective defense, where an attack on one member is an attack on all.

Explanation: The core principle of NATO reaffirmed during the summit in response to potential Russian aggression was the principle of collective defense. This principle, enshrined in Article 5 of the NATO treaty, states that an attack on one member country will be considered an attack on all member countries, and they will respond collectively to defend the attacked member. This principle demonstrates NATO’s commitment to the security and protection of all its member nations.

5. What was Rakesh Pal’s role before being appointed as the 25th Director General of the Indian Coast Guard?

A) Additional Director General at the Coast Guard Headquarters, New Delhi
B) Commander Coast Guard Region (North West) in Gandhinagar
C) Director of Indian Naval School Dronacharya, Kochi
D) Principal Director of Coast Guard Headquarters, New Delhi

Answer: A) Additional Director General at the Coast Guard Headquarters, New Delhi

Explanation: Before being appointed as the 25th Director General of the Indian Coast Guard, Rakesh Pal held the position of Additional Director General at the Coast Guard Headquarters in New Delhi. He was promoted to this rank in February 2022 and was later given the additional charge of Director General Coast Guard in February 2023.

6. What contributed to HDFC Bank becoming the second most valuable company in India based on market capitalization?

A) A significant increase in its share prices.
B) The merger of HDFC, its parent company, into itself.
C) TCS’ shares experienced a decline, leading to a decrease in market capitalization.
D) Reliance Industries’ market valuation declined, giving HDFC Bank the opportunity to move up in rank.

Answer: B) The merger of HDFC, its parent company, into itself.

Explanation: HDFC Bank achieved the milestone of becoming the second most valuable company in India based on market capitalization due to the recent merger of its parent company, HDFC, into itself. The USD 40 billion merger marked the largest deal in the history of Indian corporate mergers and further bolstered the bank’s position in terms of market valuation.

7. Which company retains its position as India’s most valued firm with the highest market valuation?

A) HDFC Bank
B) TCS
C) ICICI Bank
D) Reliance Industries

Answer: D) Reliance Industries

Explanation: Reliance Industries retains its position as India’s most valued firm with the highest market valuation of Rs 17,72,455.70 crore. HDFC Bank holds the second spot, followed by TCS, ICICI Bank, and Hindustan Unilever in the top five valued companies in India based on market capitalization.

8. What is the main objective of the agreement signed between India and Japan regarding the semiconductor industry?

A) To develop a new semiconductor design from scratch.
B) To bolster the resilience of the global supply chain in the semiconductor industry.
C) To establish Japan as the second Quad partner after the United States.
D) To create an “implementation organization” for the Indian semiconductor market.

Answer: B) To bolster the resilience of the global supply chain in the semiconductor industry.

Explanation: The main objective of the agreement signed between India and Japan is to jointly develop the semiconductor ecosystem and bolster the resilience of the global supply chain, particularly in the crucial semiconductor industry. The collaboration aims to enhance the semiconductor supply chain’s robustness and ensure its reliability by leveraging their strengths in semiconductor design, manufacturing, equipment research, and talent development.

9. What does Japan plan to achieve through its collaboration with India in the semiconductor industry?

A) To become a leader in chip manufacturing equipment and display technologies.
B) To expedite progress in India’s semiconductor ecosystem.
C) To establish 100 semiconductor manufacturing plants in India.
D) To transfer valuable knowledge and expertise in critical semiconductor elements to India.

Answer: D) To transfer valuable knowledge and expertise in critical semiconductor elements to India.

Explanation: Japan recognizes India’s complementary strengths and aims to achieve a mutually beneficial partnership in the semiconductor industry. Japan boasts global leaders in critical semiconductor elements such as raw wafer materials, chemicals, gases, and lenses used in chip manufacturing equipment and display technologies. Through the collaboration, Japan intends to transfer this valuable knowledge and expertise to India, helping India advance its semiconductor ambitions and contribute to the growth of the semiconductor industry on a global scale.

10. Who has been appointed as the new Managing Director of Life Insurance Corporation of India (LIC)?

A) Siddhartha Mohanty
B) Shri. Suchindra Mishra
C) Sat Pal Bhanoo
D) Smt. Sanchi Singh

Answer: C) Sat Pal Bhanoo

Explanation: Sat Pal Bhanoo, who presently serves as the Additional Zonal Manager at LIC of India’s Zonal Office in Bhopal, has been appointed as the new Managing Director of the company. He will take charge from Siddhartha Mohanty, who has been appointed as the chairman of LIC.

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