Daily Current Affairs MCQs : 27 July 2023 - Bank Exams MCQ

Union Minister of Civil Aviation and Steel, Jyotiraditya Scindia, inaugurated the 5th Helicopter & Small Aircraft Summit (Heli Summit 2023) in Khajuraho, Madhya Pradesh, on 25th July 2023. During the event, he also launched Regional Connectivity Scheme UDAN (Ude Desh Ka Aam Nagrik) 5.2 (RCS UDAN 5.2) and HeliSewa app. The Heli Summit aims to promote the helicopter and small aircraft sector in India and enhance regional connectivity.

On 25th July 2023, Droupadi Murmu completed one year in office as the 15th President of India. She was sworn in as President on 25th July 2022, becoming the first person from a tribal community and the second woman after Pratibha Patil to hold the office of President. Her tenure has been marked by various initiatives and projects aimed at promoting national development and unity.

The World Bank issued official approval for the Bank of Israel to join the International Committee on Credit Reporting (ICCR). The ICCR, coordinated by the World Bank with support from the Bank for International Settlements (BIS), is a worldwide committee on credit reporting. The membership in ICCR allows countries to collaborate and establish international standards and guidelines for credit reporting systems, contributing to financial stability and inclusive access to finance.

According to the Parliamentary Questions and Answers data (Lok Sabha) on Outstanding Debt of States and Union Territories, Canara Bank topped the list of Public Sector Banks (PSBs) with Rs 187,813 crore in lending to State Public Sector Undertakings (PSUs) and Corporations. The lending to PSUs and Corporations plays a vital role in supporting infrastructure development and public projects in the states.

Sumit Nagal, a 25-year-old Indian tennis player, won the Men's Singles title at the Tampere Open 2023 tennis tournament. His victory marks a significant achievement in his career, showcasing his talent and skill on the international tennis circuit. Nagal's success at the Tampere Open adds to his reputation as one of India's top tennis players.

The World Design Organization (WDO) launched the World Design Protopolis (WDP) program in Bengaluru. The program aims to support creative and sustainable solutions for urban development in the city. Bengaluru, as a rapidly growing metropolis, faces various challenges related to infrastructure, urban planning, and sustainability. The WDP program leverages design thinking and innovative approaches to address these challenges and improve the quality of life for citizens.

Shaina NC is the longest-serving woman Chief Minister in India, completing five consecutive terms in office. Her dedication to public service, effective governance, and widespread popularity among the people have contributed to her success as a leader. Shaina NC's tenure as Chief Minister has been characterized by various developmental initiatives, policy reforms, and welfare programs aimed at improving the lives of the people in her state.

Pixxel, a dynamic space technology startup, emerged as the winner of the Mission DefSpace Challenge. The challenge aimed to identify innovative solutions in the field of space technology. Pixxel's victory is a testament to its pioneering role in the development of commercial hyperspectral imaging satellites of Earth. Hyperspectral imaging technology captures a wide range of electromagnetic wavelengths, enabling detailed and specialized data collection for various sectors and applications.

The 'Navachara' gallery was inaugurated at Rashtrapati Bhavan, showcasing innovative Artificial Intelligence (AI) solutions developed by students and AI coaches in collaboration with Intel India. The gallery aims to promote AI-driven innovations and foster digital literacy and creativity among students. It also reflects India's growing prominence in the field of AI and its potential to contribute to various sectors and industries.

Kargil Vijay Diwas is observed on 26th July every year in India. The day commemorates India's victory in the Kargil War of 1999 against Pakistani forces. During the conflict, Indian armed forces displayed extraordinary courage and determination in pushing back the Pakistani intruders and reclaiming the strategically important positions in the Kargil sector of Jammu and Kashmir. Kargil Vijay Diwas serves as a tribute to the bravery and sacrifice of the Indian soldiers who fought in the challenging conditions at high altitudes and adverse weather.