2023-July 16-31 CA Review

1. Identify the correct statements:

A. Recently, Indian Prime Minister officially launched ‘Urea Gold’
fertilizer'. It is developed by Rashtriya Chemicals and Fertilizers Ltd
(RCF), a leading fertilizer and chemical manufacturing company in India
in the Public Sector.
B. PM Modi inaugurated Gujarat’s first greenfield airport ‘Hirasar
greenfield International airport’ in Hirasar, Rajkot,Gujarat.
C. PM Narendra Modi inaugurated the 2nd edition of SemiconIndia 2023
conference organized by India Semiconductor Mission at Mahatma
Mandir in Gandhinagar, Gujarat. Under the theme of ‘Catalysing
India’s Semiconductor Ecosystem’. (first Semicon India 2022
Conference held in Bengaluru )
D. All are true
E. None

2. Finance Minister Nirmala Sitharaman launched two landmark institutions,

AMC Repo Clearing Limited (ARCL) and Corporate Debt Market
Development Fund (CDMDF): Identify the correct statements
A. ARCL is a Clearing Corporation that provides clearing and
settlement services to all trades made in corporate debt securities
on the National Stock Exchange (NSE) and Bombay Stock Exchange
(BSE).
B. ARCL received in-principle approval from the Securities and
Exchange Board of India (SEBI) under the Stock Exchanges and
Clearing Corporations (SECC) Regulations, 2018 and Also has
been granted Certificate of Authorization by RBI under Payment
 2023-July 16-31 CA Review

and Settlement Systems (PSS) Act, 2007 to offer Central

counterparty clearing house (CCP) services for repo transactions in
corporate debt securities.
C. ARCL offers triparty repo services and central counterparty
services to facilitate repo transactions in corporate bonds, which are
short-term borrowings backed by securities as collateral.
D. Triparty Repo Services: Triparty repo services are financial
transactions where a third party, often a custodian or clearing
agent, acts as an intermediary between the two parties involved in
a repurchase agreement (repo).
E. All are true.

3. The Corporate Debt Market Development Fund (CDMDF) is an

Alternative Investment Fund (the collection of pooled investment funds)
which will be regulated by the Securities and Exchange Board of India
(SEBI): Identify the correct statements

A. CDMDF is a backstop facility of Rs 33,000 crore for Mutual Funds

(MFs), which will ensure stability and build suitable investor
confidence. In this regard, the government will pump in Rs 30,000
Crore, and the Asset Management Companies (AMCs) or fund
houses will provide the balance of Rs 3,000 crore through
contributions of fixed-income schemes of MFs.
 2023-July 16-31 CA Review

B. Debt mutual funds are fixed income mutual fund schemes which
invest in debt and money market instruments like Commercial papers,
debentures, T-Bills and government securities etc. These instruments
pay interest during the investment tenure and pay the principal
amount upon maturity.
C. When the market conditions are normal, CDMDF will aim at dealing
in low-duration government securities (G-Secs); treasury bills (T-
Bills), and guaranteed corporate bond repo with maturity tenure of
a maximum of seven days. However, in times of market dislocation,
CDMDF will take charge of the situation by purchasing investment-
grade corporate debt securities, ensuring a safety net for investors.
D. This is a close-ended scheme with an initial tenure of 15 years
(extendable) from the date of its initial closing (the date on which
contribution from all AMCs and specified schemes is received by
CDMDF).
E. In time of market dislocation and drying up of liquidity in secondary
markets, the CDMDF can buy investment grade corporate bonds of up to
5-year maturity from the mutual funds to the extent of the enlarged
corpus.
F. The CDMDF will become a lender of last resort to mutual funds and
enable them to meet redemptions in extraordinary times when there is
little or no secondary market liquidity in the corporate bond market.
G. SBI Funds Management will serve as the investment manager of
the CDMDF.
H. Government of India has approved the Guarantee Scheme for
Corporate Debt (GSCD) to provide a guarantee cover for the debt
raised by the Corporate Debt Market Development Fund
(CDMDF) that aims to stabilize the corporate bond market during
times of stress.
I. Guarantee Fund for Corporate Debt (GFCD) will manage the
Guarantee Scheme for Corporate Debt (GSCD). The GFCD will be a
trust fund formed by the DEA and managed by the National Credit
Guarantee Trustee Company Ltd, a wholly-owned company of the
Department of Financial Services under the Ministry of Finance.
J. All are true.
 2023-July 16-31 CA Review

4. Name the Ministry that has recently (in July ‘23) launched the virtual portal
of Mera Gaon Meri Dharohar (My village my heritage), It is a
component of National Mission on Cultural Mapping (NMCM), a virtual
museum that culturally maps over 6.5 lakh villages of India, The objective
of the launch is to integrate the information regarding villages by using
technologies, in order to identify and document the cultural heritage and
village life of India?
1) Ministry of Tourism 2) Ministry of Home Affairs

3) Ministry of Culture 4) Ministry of Rural Development 5)

Ministry of Education

5. In July 2023, the Ministry of Electronics and Information Technology

(MeitY), India; and the Ministry of Information and Communication
Technology (MICT) of the Papua New Guinea, signed a Memorandum of
Understanding (MoU) on sharing INDIA STACK i.e., successful digital
solutions implemented at population scale, This MoU was a follow-up to the
1st Global DPI (Digital Public Infrastructures) Summit organized by
MeitY in which indian city in june 2023?(India Stack is a set of digital
infrastructure components that enable the delivery of various digital services
to Indian citizens by utilizing Aadhaar, eSign, Digilocker, and Unified
Payments Interface (UPI))
 2023-July 16-31 CA Review

1. Mumbai 2) Banglore 3) PUNE 4) Hyderabad 5)

New Delhi
6. In which state, the President Droupadi Murmu has recently (in July ‘23) laid
the foundation stone for the “Divine Light House” of Prajapita Brahma
Kumaris Ishwariya Vishwa Vidyalaya (PBKIVV) with theme of the year
'The Year of Positive Change' for conducting seminars and conferences?
1) Odisha 2) UP 3) Andhra Pradesh 4) MP
5) Karnataka

7. The Insurance Regulatory and Development Authority of India (Irdai) is trying

to create a state insurance plan in which district potential targets will be
aggregated to create plans similar to the State Level Bankers’ Committee
(SLBC), The SLBC is the highest body of bankers at the state level, ensuring
coordination between the government and banks on matters pertaining to
banking development. The IRDAI’s state insurance plan is a collaborative effort
with insurers by assigning two state governments to each insurer to increase
financial awareness and drive insurance inclusion. The initiative aims to enable
insurance for all by which year where every citizen has an appropriate life, health
and property insurance cover, and every enterprise is supported by appropriate
insurance solutions?( Irdai Chairman Debasish Panda)

1) 2025 2) 2030 3) 2047 4) 2050 5) 2070

8. Name the bank that has recently (in July ‘23) included by the Reserve Bank of
India (RBI) in the list of Scheduled Banks under Schedule II of RBI Act, 1934?(
NH Bank became the 6th Korean bank, conducting business in India. Others
Korean banks are: Shinhan Bank, KEB Hana, KB Kookmin, Woori and Industrial
Bank of Korea (IBK).)

1) Mizuho Bank (Japan)

2) NongHyup Bank (South Korea) 3)
Suncorp Bank (United Kingdom)
4) Commonwealth Bank (Australia)
5) Shinhan Bank (South Korea)

9. Name the world’s largest commercial communications satellite that was recently
(in July ‘23) launched to the Geosynchronous Transfer Orbit (GTO) by the
 2023-July 16-31 CA Review

Space Exploration Technologies Corporation (SpaceX)’s Falcon Heavy Rocket.

The rocket will provide wireless internet connectivity over North and South
America?

1) Crew Dragon mission 2) Hughes JUPITER 3 mission 3) Axiom Mission

1

4) RazakSAT 5) Merlin 1D mission

10. Identify the correct statements:

A. International Tiger Day, also known as Global Tiger Day, is annually

observed across the globe on 29th July to raise awareness about the need
for tiger conservation and the threats faced by the endangered
species. The 1st international tiger day was observed on 29th July 2010.
B. NTCA is a statutory body under the Ministry of Environment, Forests
and Climate Change (MoEFCC) constituted under enabling provisions of
the Wildlife (Protection) Act, 1972, for strengthening tiger
conservation.
C. Project Tiger: The ‘Project Tiger’ is a Centrally Sponsored Scheme of
the MoEFCC, providing funding support to tiger range States for
conservation of tigers in designated tiger reserves. It was launched in
1973 to revive the tiger population.
 2023-July 16-31 CA Review

D. According to the results of the All India Tiger Estimation (AITE), 2022
released by Prime Minister (PM) of India, Narendra Modi, on 9th April
2023, the population of wild tigers in India is estimated to be a minimum
of 3,167.
E. The State with the Highest Tiger population in India is Madhya
Pradesh, followed by Karnataka and Uttrakhand.
F. All are true.

11. India has become the second country after China to burn more than one billion
tonnes (BT) of coal in 2022, as demand grew at 8 per cent, according to the
International Energy Agency (IEA), where is the HQ of IEA?(Paris, France)

12. In which city, Prime Minister Narendra Modi has recently (in July ‘23)
inaugurated a futuristic International Exhibition-cum-Convention Centre (IECC)
Complex “Bharat Mandapam”, it is going to host the G20 leaders’ meeting in
September 2023?

1) Bengaluru, Karnataka 2) New Delhi, Delhi 3) Gandhinagar, Gujarat

4) Mumbai, Maharashtra 5) Noida, Uttar Pradesh

13. The “Green Finance” Summit: Identify the correct statements

A. The summit is organized by REC Ltd in partnership with the Indian

Government’s Group of Twenty (G20) Presidency, on the sidelines of the
14th Clean Energy Ministerial and 8th Mission Innovation meeting.
B. Power Finance Corporation Ltd (PFC) and Rural Electrification
Corporation(REC Ltd), have signed Memorandum of Understanding (MoU)
with clean energy companies for providing a total of Rs 5 lakh crore funds
to their projects during the “Green Finance Summit” held in Goa.
C. Power Finance Corporation Ltd (PFC): Chairman & Managing
Director(MD)- Parminder Chopra, Headquarters- New Delhi, Delhi
Established- 1986
D. Rural Electrification Corporation (REC Ltd): Headquarters- New Delhi,
Delhi Established- 1969.
E. All are true.
 2023-July 16-31 CA Review

14. Between India and _____________ (country) in July 2023, 5 MoUs were
signed for the implementation of 5 Quick Impact Projects, in the fields of
education, health, water facility and Information Technology (IT)?

(Capital: Vientiane Currency: Laotian Kip (Lao kip))

1) Brunei 2) Timor-Leste 3) Cambodia 4) Cocos (Keeling)

5) Lao People’s Democratic Republic

15. SEBI mandates all non-individual Foreign Portfolio Investors (FPIs) to

disclose their Legal Entity Identifier (LEI) code to improve the quality and
accuracy of financial data systems for better risk management. Presently, FPIs are
required to provide their LEI details in the Common Application Form (CAF),
used for registration, KYC (Know Your Customer) and account opening of FPIs on
a voluntary basis, Legal Entity Identifier is a combination of how many characters
alphanumeric code?
 2023-July 16-31 CA Review

1) 10 2) 15 3) 12 4) 20 5) 21

16. Name the new term assurance plan that has been recently (in July ‘23)
launched by Life Insurance Corporation of India (LIC) to offer life cover with
premium return. This policy will provide financial support to the family in case of
unfortunate death of the life assured during the policy term and returns the total
premiums paid in case of survival till maturity?

1) Jeevan Labh 2) Jeevan Anand 3) Jeevan Kiran

4) Jeevan Umang 5) Jeevan Lakshya

17. Which Finetech company announced the launch of its ‘MoneySaver Export
Account‘, built specifically for small and mid-size exporters by offering up to
50% savings on international bank transfers for the Indian exporters. The facility
allows exporters to open an account in any country of their choice (over 160
countries)?

1) PhonePe 2) Razorpay 3) Paytm 4) Freecharge 5) BharatPe

18. According to economic research report Ecowrap, India is set to become the
world 3rd Largest Economy in 2027(Financial Year 2028) by surpassing both
Japan and Germany in 2027 if it develops at the present current rate of growth.
India currently ranks 5th in the world’s largest economy, accounting for 3.4% of
global GDP, which financial Organization releases Ecowrap Report?

1) WB 2) IMF 3) ADB 4) SBI 5) HDFC

19. Name the bank that has recently (in July ‘23) set a record and entered the Asia
Book of Records for ‘Clean-A-Thon’, a nationwide cleanliness drive organised in
alignment with the World Environment Day 2023(5 June 2023 Theme:
solutions to plastic pollution, and the campaign #BeatPlasticPollution.) The
Bank was recognized for its contribution in removing a substantial amount of
waste from polluted water bodies, The Asia Book of Records has felicitated the
Bank with two titles - "Maximum Water Bodies Cleaned During a Week-Long
Cleanliness Drive," and "Maximum Kilograms of Garbage Collected from
Water Bodies Across Multiple Cities.'
 2023-July 16-31 CA Review

1) ICICI Bank 2) HDFC Bank 3) Axis Bank 4) YES Bank

5) IndusInd Bank

20. In July 2023, ___________ became the first life insurance company in India
to enter Metaverse to provide its customers a 3D virtual lounge in Metaverse
InsureVerse will empower the company to make 'customer servicing' omnipresent.

1) Aditya Birla Sun Life Insurance 2) Max Life Insurance 3) SBI Life
Insurance 4) HDFC Life Insurance 5) Bajaj Allianz life Insurance

21. President Droupadi Murmu Completes One Year in Office: Identify the correct
statements

A. She became the first person from a tribal community and the 2nd woman
after Pratibha Patil(12th ) to hold the office of President, the highest
constitutional post of India.
B. Elected at the age of 64, she became the youngest person to hold the post.
She was also India’s first President born in Independent India.
C. Born in a Santali tribal family in Mayurbhanj, Odisha on June 20, 1958.
D. In 2015, Murmu became the first woman governor of Jharkhand.
E. Inaugurated ‘Navachara’ an Artificial Intelligence (AI) enabled gallery
developed by Rashtrapati Bhavan in collaboration with Intel India. This
gallery showcases innovative AI solutions created by students and AI
coaches, providing insights into Rashtrapati Bhavan’s grandeur and
promoting AI skills democratization. Inaugurated ‘Sutra-kala Darpan’, a
Textile Collection of Rashtrapati Bhavan, featuring antique textiles that
document the building’s illustrious legacy.
F. Inaugurated ‘Janjatiya Darpan’ a gallery showcasing the art, culture, and
contributions of various tribal communities in building the nation in
collaboration with Indira Gandhi National Center for the Arts (IGNCA)
(under the Ministry of Culture), New Delhi, Delhi.
G. All are true.

22. The World Bank (WB) with the support from the Bank for International
Settlements (BIS) created and coordinated the ICCR in 2009. ICCR is the only
recognized international standard setter and guideline issuer on credit reporting,
which includes representatives of central banks around the world and private
 2023-July 16-31 CA Review

financial regulators. Which country’s central bank has recently (in July ‘23) joined
the International Committee on Credit Reporting (ICCR), a permanent
structure of the World Bank?

1) Bank of Thailand 2) Bank of Hungary 3) Bank of Indonesia 4)

Bank of Ghana 5) Bank of Israel

23. Identify the correct statements:

A. Canara Bank topped the list of Public Sector Banks (PSBs) with the highest
lending of Rs 187,813 crore in FY23 to Corporations and Public Sector
Undertakings (PSUs) of States and Union Territories (UTs) for the 5th
consecutive time, bank alone accounting for over 45% of the total lending
of all PSBs in the financial year 2022-2023(FY23).
B. Punjab National Bank (PNB) has notified as second highest lender in
FY23 with a total loan disbursal of Rs 70,142.5 crore.
C. State Bank of India (SBI) as 3rd highest lender, lent Rs 66,523.2 crore to
State enterprises in FY23, down from Rs 81,735 crore in FY22
D. As per the RBI’s ‘State finances: A study of budgets of 2022-23’ report
published in 2023, Tamil Nadu(TN) has the highest amount of outstanding
debt among all States and Union Territories in India, at Rs 7.54-lakh crore
(as per budget estimates for FY23), followed by Uttar Pradesh (UP) at
7.10-lakh crore outstanding debt. Odisha is the only state in the country to
reduce its debt consistently over the past three years: 1.8% in 2019-20, 8.4%
in 2020-21, and 12% in FY 2022-23.( State Development Loans (SDLs))
E. The UT of Puducherry had the lowest outstanding debt of Rs 11,651 crore

24. Name the bank that has recently (in July ‘23) partnered with IBM India
Private Limited to co-create Digital Business Platform?

1) State Bank of India 2) Bank of Baroda 3) UBI 4) Punjab

National Bank 5) Canara Bank

25. Which international organization in its ‘July 2023 World Economic Outlook
(WEO) Update- Near-Term Resilience, Persistent Challenges‘projected a growth
rate of 6.1% for India in 2023? (IMF)
 2023-July 16-31 CA Review

26. India’s oldest railway station (169-years-old) Byculla railway station in

central Mumbai, Maharashtra received the 2022 United Nations Educational,
Scientific and Cultural Organization (UNESCO) Asia Pacific Awards for Cultural
Heritage Conservation (Award of Merit). Byculla railway station was built in 1852,
One of the original stations on the Thane-Bombay rail network that was
inaugurated in 1853.

27. Identify the correct statements:

A. Odisha Chief Minister (CM) & Biju Janata Dal (BJD) president Naveen
Patnaik became the 2nd longest-serving Chief Minister in India, with
tenure of 23 years and 139 days.
B. Patnaik, the five-time Chief Minister of Odisha, took charge on March 5,
2000.
C. Patnaik surpassed the record set by former West Bengal CM Jyoti Basu who
held office for 23 years 137 days from June 21, 1977, to November 5, 2000.
D. Pawan Kumar Chamling, the former CM of Sikkim, holds the 1st position
as the longest-serving CM after independence in India. Chamling held the
office of CM for 24 years and 166 days from December 12, 1994 to May 27,
2019.
E. All are true.

28. Indian Tennis Player Sumit Nagal won Men’s Singles title of the Tampere
Open 2023 by defeating Dalibor Svrcina of Czech Republic in Tampere, Finland.

29. The United Nations Educational, Scientific and Cultural Organization

(UNESCO)’s International Day for the Conservation of the Mangrove
Ecosystems is annually celebrated across the globe on 26th July to raise
awareness of the significance of mangrove ecosystems as “a unique, special and
vulnerable ecosystem” and to promote solutions for their sustainable management,
conservation and uses. The day is also known as “The World Mangrove Day”.
Which state government has recently announced to set up a ‘Mangrove Cell’ on
 2023-July 16-31 CA Review

the occasion of the International Day for the Conservation of the Mangrove
Ecosystem?

1) Kerala 2) Odisha 3) Maharashtra 4) West Bengal 5)MP

30. The Ministry of Agriculture and Farmers Welfare (MoA & FW) launched 3
technological initiatives under the Pradhan Mantri Fasal Bima Yojana
(PMFBY) and Restructured Weather Based Crop Insurance Scheme to empower
farmers and streamline their operations. YES-Tech (Yield Estimation System,
based on Technology) Manual, Weather Information Network Data Systems
(WINDS) portal and AIDE (Sahayak) mobile app, to provide farmers with
accurate weather data, yield estimates, and crop insurance access, effective from
the current tender cycle of 2023-25.

31. In July 2023, _____________ became the first Indian city and overall 41st city
to be part of the World Cities Culture Forum (WCCF), a global network of cities
that share research and intelligence to explore the role of culture in future
prosperity. The network currently includes 40 cities across six continents.
(Bangalore, Karnataka)

32. Which bank has recently (in July ‘23) launched SB NRE (Non-Resident
External) Eve+, a unique Non-Resident (NR) Saving Bank (SB) account scheme
for Non-Resident Indian (NRI) women?( Federal Bank )

33. Name the bank that has recently (in July ‘23) partnered with Dvara Kshetriya
Gramin Financial Services, Chennai (KGFS) to enter into a co-lending
partnership to provide business capital to micro enterprises. (HDFC Bank)

34. Aditya S Samant (17, Maharashtra) an International Master, became India’s

83rd chess Grandmaster (GM) by earning his 3rd GM norm against Aryan Chopra
in the 9th round of Biel Chess Festival Master Tournament (MTO) 2023 in
Switzerland. To become a GM, a player has to secure 3 GM norms and cross the
live rating of 2,500 Elo points. Telangana’s Vuppala Prraneeth had become
India’s 82nd Grandmaster in May 2023.

35. Name the state Government that has recently (in July ‘23) signed a MoU with
Walmart and Flipkart to support the Micro, Small and Medium Enterprises
(Telangana).
 2023-July 16-31 CA Review

36. Amazon India announced its first-ever floating store on Dal Lake in
Srinagar, Jammu and Kashmir, as part of its last-mile delivery programme "I
Have Space". This will provide faster and reliable deliveries to customers across
Srinagar, opportunities for small businesses and strengthen Amazon's delivery
network.

37. Tuvalu is on the list of islands that are most likely to disappear into the ocean
in the near future due to rising sea levels. It was formerly called as the Ellice
Islands. Capital: Funafuti, Currencies: Australian Dollar, Tuvaluan dollar.

38. The Ministry of Finance, Government of India(GoI) has approved Employees’

Provident Fund Organization (EPFO)’s Central Board of Trustees’
recommendation to set the annual interest rate of 8.15% on Employees’ Provident
Fund (EPF) accounts for the financial year 2022-2023(FY23) .With this rate, there
will be distributing over Rs 90,000Crore to EPFO accounts on a total principal
amount of approximately Rs 11 trillion during FY23, up from Rs 77,424.84crore
and Rs 9.56 trillion, respectively, during FY22. After the distribution for FY23,
EPFO will be left with a surplus of Rs 663.91crore

40. Identify the correct statements:

A. India, according to the latest Road Transport Year Book, has the
maximum number of registered two wheelers, followed by Indonesia.
B. India ranks 8th in the world in number of passenger cars, while China, the
United States and Japan are the top three.
C. The report has referred to the 2020 data of the International Road
Federation (Washington, DC), which is used as the reference across the
countries.
 2023-July 16-31 CA Review

D. As per the report, which has collated data from all states and UTs on
registered vehicles, India had 32.63 crore vehicles in 2020 and nearly 75%
of these were two-wheelers.
E. The government data show that among all states and UTs, Maharashtra had
the maximum number of registered vehicles (3.78 crore), followed by Uttar
Pradesh (3.49 crore) and Tamil Nadu (3.21 crore). Among the million-plus
cities, Delhi topped the list with nearly 1.18 crore registered vehicles while
Bengaluru had the second maximum number of vehicles at 96.4 lakh.
F. In India, the number of two-wheeler occupants killed has consistently
increased to 69,385 in 2021 and it was 45% of all road fatalities.
G. All are true.

41. Rajasthan government introduced India’s first ever Gig workers Bill the
‘Rajasthan Platform Based Gig Workers (registration and welfare) Bill 2023’ to
guarantee social security to gig workers. Aggregators, which include food
delivery apps and e-marketing platforms, must provide the Rajasthan
government with a database of all platform-based gig workers on-boarded or
registered with them within 60 days of the Act’s implementation.

42. For the first time, India hosted the Global Food Regulators Summit 2023,
held as part of the Group 20 (G20) event, in New Delhi, Delhi: identify the correct
statements.

A. The summit was organised by the Food Safety and Standards Authority
of India (FSSAI). This is the first time the summit was held outside Rome,
Italy.
B. Dr. Mansukh Mandaviya, Union Minister of Health and Family Welfare
inaugurated the Global Food Regulators Summit 2023 to create a global
platform of food regulators to exchange perspectives on strengthening food
safety systems and regulatory framework across the food value chain.
C. The special guest Minister of Agriculture and Livestock Development, Govt.
of Nepal, Dr. Bedu Ram Bhusal and the guest of honour Union Minister for
Agriculture and Farmers Welfare Narendra Singh Tomar are present in the
event
D. Food-o-Copoeia, a collection of food category-wise monographs was
released at the summit. It acts as a single point reference for all applicable
 2023-July 16-31 CA Review

standards for a specific product category detailing quality and food safety
standards, labeling and claim requirements, packaging requirements, test
methods and any other regulatory provisions required by the Food Safety
and Standards Regulations (FSSRs).
E. The common regulators platform ‘SaNGRAH‘ – Safe food for Nations:
Global food Regulatory Authorities Handbook was also launched at the
summit. It is a database of Food Regulatory Authorities of 76 countries
across the world, their mandate, food safety ecosystem, food testing
facilities, contact details for food authorities.
F. All are true.

43. Which organisation has recently (in July ‘23) signed a Memorandum of
Association (MoA) with the India Chamber of Business and Commerce (India
Chamber) to promote India as Global Hub in Healthcare Manufacturing?

1) National Institute of Mental Health 2) National Health Authority

3) Central Drugs Standard Control Organisation

4) Indian Council of Medical Research 5) WHO India

44. Which of the following points is/are “correct” with respect to the step taken by
the NITI Aayog in July 2023?

A) The NITI Aayog released Revamped India Energy Security Scenarios

(IESS) 2047 (IESS 2047 V3.0).

B) IESS 2047 is a user-friendly interactive tool that can help ministries/

departments to develop a variety of energy transition scenarios to achieve
net-zero.

C) NITI Aayog in collaboration with energy and climate think-tank

Vasudha Foundation released the India Climate Energy Dashboard
(ICED) 3.0 during the 14th Clean Energy Ministerial (CEM) in Goa.

1) Only A 2) Only A & B 3) Only B & C 4) Only A & C 5) All

A, B & C
 2023-July 16-31 CA Review

45. Name the bank that has recently (in July ‘23) launched “Resources
Acquisition Centres” to build-up Deposit Portfolio. The bank will target specific
customer segments, such as High Net Worth Individuals (HNIs),
Government/Institutional Clients, Salaried Class, Corporates, Business community,
Traders, and Pensioners?(Indian Bank)

46. Legendary American pop & jazz singer and recipient of 19 Grammy awards,
Tony Bennett (Anthony Dominick Benedetto or Joe Bari) passed away at the age
of 96.

47. Which state government has recently (in July ‘23), along with the World
Economic Forum (WEF) launched ‘Saagu Baagu’ (agriculture advancement)
project Phase 1 Insights report, The project aims to provide AI-based agritech
services to farmers, The WEF report showcases the successful implementation of
the pilot project launched through Artificial Intelligence for Agriculture
Innovation (AI4AI) benefiting over 7,000 chilli farmers in Khammam district in
Telangana?

48. Who has recently (in July ‘23) won the Super GM chess tournament 2023 the
inaugural edition of V Géza Hetényi Tournament was organised by GM FT Attila
Czebe in Budapest, Hungary?

1) Magnus Carlsen (Norway) 2) R Praggnanandhaa (India)

3) Sanan Sjugirov(Russia) 4) Peter Prohaszka 5) Gukesh D (India)

 2023-July 16-31 CA Review

49. In July 2023, the Ministry of Statistics and Programme Implementation’s

(MoSPI) Standing Committee on Economic Statistics (SCES) will be replaced by
a Standing Committee on Statistics(SCoS) to review the framework and results
of surveys conducted for the National Statistical Office(NSO). Who has been
appointed as the chairman of the SCoS? (Pronab Sen, India’s first chief
statistician and the former chairman of the National Statistical Commission (NSC),
has been named the chairman of the SCoS.)

1) Vandana Marwah 2) Mukesh Mohania 3) Asit Kumar Sadhu

4) Pronab Sen 5) Rajeeva Laxman Karandikar

50. Prime Minister Narendra Modi paid a 2-day official visit to France from 13th
to 14th July 2023 at the invitation of H.E. Mr Emmanuel Macron, President of
France. Notably, the year 2023 marked the 25th anniversary of the India – France
Strategic Partnership: Identify the correct statements.

A. PM Narendra Modi has become the first Indian PM to have been conferred
with the Grand Cross of the Legion of Honour, France’s highest civilian
and military honour, by French President Emmanuel Macron.
B. To mark the 25th anniversary of the Indo-French partnership, both countries
agree to adopt a roadmap to set the course for the bilateral relationship up to
2047, which will celebrate the centenary of India’s independence, the
centenary of the diplomatic relations between the two countries and 50 years
of the strategic partnership.
C. There is a MoU between Garden Reach Shipbuilders and Engineers Ltd.
(GRSE), and Naval Group France, a leader in the European Naval Defence
Industry to collaborate in the field of surface ships that caters to the
requirement of India and International Naval forces.
D. All are true.
E. None

51. Adani Group commenced the full load power supply to Bangladesh from the
Adani group’s Ultra Super-Critical Thermal Power Plant (USCTPP) in Godda,
Jharkhand. This is India’s first commissioned transnational power project where
100% of the generated power is supplied to another nation.
 2023-July 16-31 CA Review

52. Which Bank has recently (in July ‘23) announced its support for India's
National Green Hydrogen Mission with a substantial loan of up to EURO 1 billion
to boost green hydrogen and renewable energy projects in India?

1) European Investment Bank 2) Asian Development Bank 3) World Bank

4) New Development Bank 5) Asian Infrastructure Investment Bank

53. Name the bank that has recently (in July ‘23) signed a MoU with the Gujarat
Cooperative Milk Marketing Federation Ltd (GCMMFL) to offer financial
services to Federation’s supply network pan India under the Micro Units
Development & Refinance Agency Ltd (MUDRA) scheme.

1) Canara Bank 2) Bank of India 3) Bank of Baroda 4) PNB 5) Indian Bank

54. The 136th edition of The Wimbledon Championships (Wimbledon) 2023

 Carlos Alcaraz of Spain defeated seven-time Wimbledon champion Novak

Djokovic of Serbia to claim his first Wimbledon title (2023) at the
Gentlemen’s singles final match held at the centre court.
 Czech Republic’s Marketa Vondrousova became the first unseeded
Women’s Singles champion at Wimbledon in the Open Era after defeating
Ons Jabeur (WTA- Women’s Tennis Association Rank 6) of Tunisia in the
Ladies singles final.

55. the Vice-Chairman of National Institution for Transforming India (NITI)

Aayog, Suman Bery released the 2nd edition of NITI Aayog’s Report ‘National
Multidimensional Poverty Index (MPI): A Progress Review 2023‘:Identify the
correct statements.

A. The report represents India’s progress in reducing multidimensional poverty

between the two surveys, National Family Health Survey [NFHS-4 (2015-
16)] and NFHS-5 (2019-21).
B. India has registered a significant decline of 9.89 percentage points in the
number of India’s multidimensionally poor from 24.85% in 2015-16 to
14.96% in 2019-2021.
C. Uttar Pradesh (UP) registered the largest decline in the number of poor i.e.
3.43 Crore people.
 2023-July 16-31 CA Review

D. The fastest reduction in the proportion of multidimensional poor was

observed in the States of UP, Bihar, Madhya Pradesh (MP), Odisha, and
Rajasthan.
E. However, Bihar, Jharkhand, Meghalaya, UP and MP (even after decrease)
top the chart where the percentage of total population who are
multidimensionally poor is high.
F. Delhi, Kerala, Goa and Tamil Nadu have the least number of people
facing multidimensional poverty along with the Union Territories.
G. All are true.

56. Name the Non-governmental organization (NGO) that has recently (in July
‘23) received special consultative status from United Nations (UN)’s Economic
and Social Council (ECOSOC).

1) CARE International

2) Action against Hunger

3) World Humanitarian Drive

4) International Federation of the Red Cross and Red Crescent Societies.

5) World Vision

 The World Humanitarian Drive-UK, an international Non-governmental

organisation (NGO), which promotes international education and trade, has
been granted special consultative status by the United Nations (UN)’s
Economic and Social Council (ECOSOC).
 With this ECOSOC status, WHD will be authorized to interact actively with
its subsidiary bodies, the Human Rights Council, certain UN General
Assembly (UNGA) sessions, other intergovernmental bodies, and the UN
Secretariat.
 ECOSOC is the highest status granted to a NGO, which allows them to
facilitate with the United Nations, has 54 member states, which are elected
by the UNGA extending over 3 years of term.

57. G. Kishan Reddy, the Union Minister of Tourism, Culture and

Development of Northeast Region (DoNER) conferred the ‘Global Incredible
 2023-July 16-31 CA Review

Inc Leadership Award’ from the U.S.India SME Council. US India SME
Council bestowed his efforts to promote tourism and India’s rich culture.

58. Name the personality from India who has recently (in July ‘23) received the
ENI AWARD 2023 - Advanced Environmental Solutions Prize.

1) Amitava DasGupta 2) Thalappil Pradeep 3) Abhijit Sarkar 4) Jayanth Kumar

5) Advaith Sankar

 Eni, an Italian integrated energy company, announced the names of the

winning researchers and scientists of the 15th edition of the Eni Award.
Professor Thalappil Pradeep, Department of Chemistry, Indian Institute
of Technology, Madras (IIT Madras), Chennai, Tamil Nadu(TN), has
been awarded the ENI AWARD 2023 - Advanced Environmental
Solutions Prize for his work on affordable clean water using advanced
materials
 (First Indian to receive ENI AwardProf. C.N.R. Rao (Indian Chemist), a
recipient of the Bharat Ratna Award in 2014)

59. According to the Goldman Sachs forecasts, India will become the
world's second largest economy by 2075, overtaking the United States,
Japan and Germany. Currently, India is the world’s fifth-largest economy,
behind Germany, Japan, China and the U.S

60. In July 2023, Minister of State (MoS) for Skill Development and
Entrepreneurship, Rajeev Chandrashekar inaugurates country’s first Public-
Private Partnership (P3) model Atal Tinkering Lab(ATL) in partnership with
________ (company) in Thrissur, Kerala. The ATL has been set up to
empower school children in classes 6th to 12th to develop innovative
solutions.

 The Atal Innovation Mission is a flagship initiative of the Government

of India, implemented by NITI Aayog . AIM was launched in 2016
with the aim of fostering innovation and entrepreneurship among
Indian youth.

61. Name the Intercontinental Ballistic Missile (ICBM) that has been recently (in
July ‘23) launched by North Korea for the second time from Pyongyang.
 2023-July 16-31 CA Review

1) Pukguksong-2

2) Hwasong-12

3) Taepodong-1

4) Hwasong-5

5) Hwasong-18

62. In July 2023, Michele Bullock became the first woman governor of the
Reserve Bank of _________(country)(Present : Philip Lowe)

63. In a groundbreaking moment for women’s Kabaddi, Dubai, United Arab

Emirates played host to India's first-ever Women’s Kabaddi League, featuring
an electrifying showdown between the Punjab Panthers and Uma Kolkata.

 The intense match concluded with the Uma Kolkata team emerging
as the champions, securing a grand prize of Rs. 10,000,000. The
Punjab team demonstrated commendable skills and earned the second
position, receiving a prize of ₹5,000,000.

64. Maharashtra is set to become the first state to have two IIMs, which includes
IIM Nagpur, established by the Government of India in 2015, and newly
designated IIM Mumbai.

 The Union Cabinet chaired by the Prime Minister Narendra Modi

approved a bill amending IIM Act to include the National Institute of
Industrial Engineering (NITIE) in Mumbai as the 21st Indian
Institute of Management (IIM).The amendment will rename NITIE
Mumbai as IIM Mumbai.

65. Name the state government that has recently (in July ‘23) signed a MoU with
OneWeb to set up India’s First Private ‘Satellite Network Portal Site’.

1) Andhra Pradesh 2) Gujarat 3) Kerala 4) Odisha 5) West Bengal

66. The National Bank for Agriculture and Rural Development (NABARD)
celebrated its 42nd Foundation Day. Amit Shah, the Union Home Minister and
 2023-July 16-31 CA Review

Minister of Cooperation was the chief guest of the event held at Pragati Maidan in
New Delhi, Delhi.

 The day was marked by a series of events throughout the country,

including a webinar on the theme of “NABARD: 42 Years of Rural
Transformation.”
 It is a statutory body established under Parliamentary act-NABARD
Act, 1981, Present Chairman – K.V.Shaji

67. Which bank has recently (in July ‘23) launched ‘Project Palaash’, an eight-
month campaign to promote environmental sustainability?

68. Which state/UT’s Rural Livelihoods Mission has recently (in July ‘23) bagged
the SKOCH Award in Gold category in District Governance?

 SKOCH award, one of the highest honors in the field of governance,

finance, and technology, which recognizes organizations that have made
significant contributions to the socio-economic development of communities
through innovative initiatives.

69. Name the Government agency/Ministry that has recently (in July ‘23) released
the TechnoCommercial Readiness and Market Maturity Matrix (TCRM
Matrix) framework to promote Innovation and Entrepreneurship in India?

1) National Institute of Entrepreneurship and Small Business Development

2) Ministry of Skill Development and Entrepreneurship

3) National Skill Development Corporation India

4) NITI Aayog

5) Ministry of Micro, Small and Medium Enterprises

70. According to the article “India @ 100” published by RBI’s Economic

Research Department in July 2023, India needs to achieve an average annual real
Gross Domestic Product (GDP) growth rate of _________ over the next 25 years
to become a developed nation by 2047-48.
 2023-July 16-31 CA Review

71. Name the company that has recently (in July ‘23) launched India’s First Health
Insurance Platform with Monthly Subscriptions.

1) Paytm 2) BharatPe 3) Freecharge 4) Razorpay 5) PhonePe

72. Which state government has recently (in July ‘23) introduced the Minimum
Guaranteed Income Bill, 2023 to provide social security to individuals and
households? ( gives a guarantee for giving 125 days of employment in a financial
year to all families residing in the rural and urban areas and a minimum pension of
₹1,000 every month to the elderly people, specially abled people and widows and
single women.)

1) Gujarat 2) Maharashtra 3) Rajasthan 4) Uttar Pradesh 5) Bihar

 The Bill focuses on 3 main areas such as Right to Minimum Guaranteed

Income, Right to Guaranteed Employment and Right to Guaranteed Social
Security Pension

73. In July 2023, Adani Group announced a plan to build the world's largest hybrid
power bank in ___________ (state).

 Adani Group will build the world's largest hybrid power bank in the Khavda
desert which is in Gujarat's Kutch district.
 Making this announcement, the company has reiterated its plan to create 45
GW of renewable energy capacity by 2030. When operational, the park will
produce 20 GW of green energy.