Current Affairs Quiz 21 July 2021: Based on the Current Affairs and Important News of 21 July 2021 we have framed important current affairs questions for banking and competitive exams. These current affairs quiz questions will be helpful for upcoming competitive exams. Give our online current affairs test every day to be prepared for all Current Affairs Quiz 21 July 2021.
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- The ‘Stand Up India Scheme’ is a loan scheme to encourage entrepreneurship among Scheduled Caste, Scheduled Tribe and women borrowers. The government has extended the scheme up to which year?
A) 2028
B) 2025
C) 2022
D) 2030
View answer
Option B
Explanation:The Government of India has extended the duration of ‘Stand Up India Scheme’ up to the year 2025. The scheme was launched by the Prime Minister on 05 April, 2016 to facilitate loans to Scheduled Caste, Scheduled Tribe and women borrowers, to promotes entrepreneurship among them.
- As per ADB, what is the projected GDP growth rate of India for FY22 (2021-22)?
A) 10.00%
B) 11.00%
C) 9.00%
D) 12.00%
View answer
Option A
Explanation: The Manila-based Asian Development Bank (ADB) has downgraded India’s economic growth forecast for the financial year 2021-22 (FY22) to 10 percent, in its Asian Development Outlook (ADO) Supplement for July. Earlier this was estimated at 11%.
- Which state of India has become the first to announce issuance of educational documents to students of educational institutions using blockchain technology?
A) Gujarat
B) Karnataka
C) Tamil Nadu
D) Maharashtra
View answer
Option D
Explanation: The Government of Maharashtra has decided to issue educational documents to students of educational institutions using blockchain technology.With this Maharashtra will become the first state in the country and world’s largest user of Blockchain for educational certificates.
- What is the new FDI limit in the pension fund management (PFM) under the national pension system (NPS)?
A) 49%
B) 74%
C) 21%
D) 100%
View answer
Option B
Explanation:The Government has increased the foreign direct investment (FDI) limit in pension fund management (PFM) to 74% from the present 49% under the national pension system (NPS).
- The S-500 air defence missile systems is a surface-to-air missile, which was successfully test-fired by which country recently?
A) France
B) United States
C) Russia
D) Israel
View answer
Option C
Explanation:Russia successfully test-fired its new S-500 air defence missile systems, from a southern training range, Kapustin Yar, on July 20, 2021. It hit a high-speed ballistic target as planned. The S-500, also known as Prometey or 55R6M “Triumfator-M”,is a Russian surface-to-air missile/anti-ballistic missile system which is the most advanced anti-missile system in the world and is capable of countering attacks from space.
- India’s first ‘green hydrogen’ plant is planned to be set up by Indian Oil Corporation (IOC) in which city?
A) Jaisalmer
B) Pune
C) Surat
D) Mathura
View answer
Option D
Explanation:State-owned Indian Oil Corporation (IOC), India’s largest oil firm, will build the first ‘green hydrogen’ plant of the country at its Mathura refinery, to meet the growing demand for both oil and cleaner forms of energy.
- The International Cricket Council (ICC) has recently inducted 3 new countries as Associate members. Which among the following is not among them?
A) Finland
B) Mongolia
C) Tajikistan
D) Switzerland
View answer
Option A
Explanation:The International Cricket Council (ICC) has inducted Mongolia, Tajikistan and Switzerland as its newest member countries on July 18, 2021 at the ICC’s 78th Annual General Meeting, which was held virtually.
- The residents of Kunariya village has set up a unique Balika Panchayat, to work towards addressing female adolescents’ issues, of the girls, by the girls, for the girls! The village is in which state?
A) Haryana
B) Gujarat
C) Uttar Pradesh
D) Himachal Pradesh
View answer
Option B
Explanation: In Gujarat, the Kunariya village of Kutch district has formed a first-of-its-kind, Balika Panchayat, that will work towards addressing female adolescents’ issues, of the girls, by the girls, for the girls!
- The first-of-its-kind Oxygen Rationing Device called AMLEX has been launched by which institute?
A) IIT Kanpur
B) IIT Delhi
C) IIT Madras
D) IIT Ropar
View answer
Option D
Explanation: The Indian Institute of Technology (IIT), Ropar has developed a first-of-its-kind Oxygen Rationing Device called AMLEX, to save the oxygen which otherwise gets wasted unnecessarily, and in turn increase the life of medical oxygen cylinders three folds.
- Which player has won the Sparkassen Trophy 2021 for Chess?
A) Vladimir Kramnik
B) Magnus Carlsen
C) Viswanathan Anand
D) Sergey Karjakin
View answer
Option C
Explanation:Former World Chess Champion Viswanathan Anand defeated Vladimir Kramnik of Russia, to win the Sparkassen Trophy at Dortmund in Germany on July 18, 2021. It is a brand new format of four-game chess match.
- What is the projected GDP growth rate of India as per ADB in FY23?
A) 7.50%
B) 8.00%
C) 7.00%
D) 8.50%
View answer
Option A
Explanation: ADB has projected the GDP growth rate for FY2022 (2022-23) to 7.5 percent from earlier projection of 7 percent.
- What is the maximum loan amount extended under the Stand Up India Scheme?
A) Rs 10 lakh
B) Rs 1 crore
C) Rs 50 lakh
D) Rs 5 crore
View answer
Option B
Explanation:The loan under Stand Up India Scheme are extended by Scheduled Commercial Banks (SCBs) between Rs. 10 lakh and Rs.1 Crore.
