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Current Affairs Quiz – 24 July 2020

Current Affairs Quiz 24 July 2020: Based on the Current Affairs and Important News of 24 July 2020 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 24 July 2020. Attempt our daily current affairs quiz on our mobile app too.

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  1. Name the newly appointed Chairman and Managing Director (CMD) of National Mineral Development Corporation (NMDC)
    A) P.K. Satpathy
    B) Amitava Mukherjee
    C) Sumit Deb
    D) N.Baijendra Kumar
    View answer
    Option C
    Explanation:
    Sumit Deb has been appointed as the next Chairman and Managing Director (CMD) of National Mineral Development Corporation (NMDC), an Indian state-controlled mineral producer.
  2. As per DBS Bank, what will be the growth rate of Indian economy for the financial year 2020-21?
    A) -6%
    B) -5%
    C) -7%
    D) -4%
    View answer
    Option A
    Explanation: 
    Singaporean brokerage firm DBS Bank Ltd has estimated that the Indian economy will contract by 6 percent in FY21 (2020-21). In its previous forecast,, DBS had estimated – 4.8 percent growth for FY21.
  3. Prakash Chandra Kandpal has been appointed as the new managing director and chief executive officer of which company?
    A) Bajaj Allianz General Insurance
    B) HDFC ERGO General Insurance Company
    C) Bharti Axa General Insurance
    D) SBI General Insurance
    View answer
    Option D
    Explanation: 
    Non-life insurer SBI General Insurance has appointed Prakash Chandra Kandpal as its new managing director and chief executive officer. His appointment is effective from 20 July 2020. 
  4. Who among the following has been honored with the inaugural Gulbenkian Prize for Humanity?
    A) Emma Watson
    B) Greta Thunberg
    C) Malala Yousafzai
    D) Nadia Murad
    View answer
    Option B
    Explanation: 
    Swedish teen climate activist Greta Thunberg has won the inaugural Gulbenkian Prize for Humanity, given by the Portugal-based Calouste Gulbenkian Foundation. Thunberg was selected from 136 nominees from 46 different countries for this award for the way she has been able to mobilise younger generations for the cause of climate change. The 17 year old is pledging to donate $1.15 million award money.
  5. The ‘Pravasi Rojgar’ app has been launched by which of these celebrities for the migrant workers?
    A) Shahrukh Khan
    B) Virat Kohli
    C) Sonu Sood
    D) Mukesh Ambani
    View answer
    Option C
    Explanation: 
    In order to help the migrant workers find right job opportunities in various sectors across the country,  anew ‘Pravasi Rojgar’ app has been launched. This online platform is the brainchild of Bollywood actor Sonu Sood, who launched the free online platform on 23 July 2020 in Mumbai. 
  6. Who has been appointed as the Vice-Chairman of the Security Platform of the Union Internationale Des Chemins/International Union of Railways (UIC)?
    A) Arun Kumar
    B) K. M. Chandrasekhar
    C) Bibek Debroy
    D) Gurcharan Das
    View answer
    Option A
    Explanation: 
    Shri  Arun Kumar, Director General of the Railway Protection Force (RPF), has been nominated to be the Vice-Chairman of the Security Platform of the Paris-based Union Internationale Des Chemins/International Union of Railways (UIC). UIC is a French word meaning International Union of Railways.
  7. DRDO recently conducted the ground based trial of its helicopter-launched Nag Missile (HELINA) at ITR Chandipur, in direct and top attack mode. What is the name given to this missile?
    A) Shivastra
    B) Bhramastra
    C) Rudrastra
    D) Dhruvastra
    View answer
    Option D
    Explanation: 
    India has successfully conducted three flight tests of its indigenously developed anti-tank guided missile ”Dhruvastra” from the Integrated Test Range at Chandipur in Odisha, in direct and top attack mode. The helicopter-launched Nag Missile (HELINA), an air-launched version of the Nag missile (with extended range), has been named as ‘Dhruvastra’ anti-tank guided missile (ATGM)..
  8. Nicaragua has signed the International Solar Alliance (ISA) Framework Agreement. It is the ___ country to sign the agreement
    A) 48
    B) 87
    C) 72
    D) 91
    View answer
    Option B
    Explanation: 
    Nicaragua has become the most recent country to join the International Solar Alliance (ISA) Framework Agreement, an initiative led by India to promote sustainable energy. With this, Nicaragua has become the 87th country to sign the agreement.
  9. R Narayanaswamy has been appointed as the Chair of the Technical Advisory Committee of the National Financial Reporting Authority (NFRA). How many members are there in the committee?
    A) 15
    B) 10
    C) 7
    D) 4
    View answer
    Option C
    Explanation: 
    Professor R Narayanaswamy, faculty of the Finance & Accounting discipline at the Indian Institute of Management (IIM), Bangalore, has been appointed as the Chair of the Technical Advisory Committee of the National Financial Reporting Authority (NFRA), the independent accounting and auditing regulator set up by the central government. The Technical Advisory Committee (TAC) comprises seven members.
  10. Rahul Bajaj has decided to step down as the Chairman of Bajaj Finance Ltd. Who will take over as the new head of the company?
    A) Sanjiv Bajaj
    B) Rajiv Bajaj
    C) Anant Bajaj
    D) Shishir Bajaj
    View answer
    Option A
    Explanation:
    Renowned business tycoon Rahul Bajaj, the current Chairman of Bajaj Finance Ltd, has decided to step down from his position and hand over the reins to his son Sanjiv Bajaj, as part of succession planning at the non-banking financial company.
  11. National Broadcasting Day is observed annually in India on______________
    A) 22 July
    B) 21 July
    C) 23 July
    D) 24 July
    View answer
    Option C
    Explanation:
    In India, the “National Broadcasting Day” is observed on July 23 every year, to celebrate the radio, which has been an important part in people’s life in India, both as an easy medium of entertainment along with news.
  12. China has recently launched a probe under its first independent mission to Mars. What is the name of this probe?
    A) ZhengHe -1
    B) Chang’e-1
    C) Yinghuo-1
    D) Tianwen-1
    View answer
    Option D
    Explanation: 
    On 23 July 2020, China launched an unmanned probe named as ‘Tianwen-1’ to Mars in its first independent mission to another planet. The Tianwen-1 (or Quest for Heavenly Truth 1) was launched on a Long March-5 carrier rocket from the Wenchang Space Launch Centre on the southern island of Hainan.
  13. Name the acting President of the National Company Law Tribunal (NCLT), whose tenure has been extended by the government for a period of one month till 5 August 2020?
    A) BSV Prakash Kumar
    B) Vasudeo Agarwal
    C) Hanuman Mal Choraria
    D) Uttam Sarkar
    View answer
    Option A
    Explanation: 
    The Ministry of Corporate Affairs (MCA), Government of India, has extended the tenure of the Acting President of the National Company Law Tribunal (NCLT) BSV Prakash Kumar for one more month, with effect from 5 July 2020. This is the second extension given to BSV Prakash Kumar.
  14. Turkmenistan has been granted the observer status in the World Trade Organization (WTO). With the addition of Turkmenistan, WTO now has how many observer country?
    A) 18
    B) 25
    C) 30
    D) 28
    View answer
    Option B
    Explanation: 
    Turkmenistan has been granted the observer status in the World Trade Organization (WTO) on 22 July 2020, at a meeting of the WTO General Council in Geneva. With this, Turkmenistan becomes the 25th observer of the organization. The WTO now has 164 members and 25 observer governments. 
  15. Australian player Barry Jarman, who passed away recently, was the player of which sports?
    A) Tennis
    B) Football
    C) Cricket
    D) Baseball
    View answer
    Option C
    Explanation:
    Former Australian test wicketkeeper and ex-International Cricket Council match referee Barry Jarman has passed away. He was 84. Jarman made his test debut in 1959, and had captained Australia in one test on the 1968 Ashes tour of England.

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