Current Affairs Quiz 21st July 2024
Directions for the quiz:
1. This quiz, that is the Current Affairs Quiz 21st July 2024, is meant to be a check for your learning and is meant to serve as a tool for assessment.
2. Current Affairs Quiz 21st July 2024 is designed to check your Current Affairs General Knowledge and provide you with an assessment of the same.
3. Each question in Current Affairs Quiz 21st July 2024 followed by 4 options. Select the most appropriate option for the question.
4. Before you take this quiz, we would recommend to you to go through the article, Daily Current Affairs Today 21st July, 2024
Question 1:
Who is heading the committee established by the RBI to review the fee structure for white-label ATMs?
A) Shaktikanta Das
B) Sunil Mehta
C) N. S. Venkatesh
D) Dilip Asbe
Answer and Explanation
- Explanation: The committee to review the fee structure for white-label ATMs (WLAs) is headed by Sunil Mehta, the chief executive of the Indian Banks’ Association.
Question 2:
What was the penalty amount imposed by the RBI on Muthoot Finance Limited for non-compliance with KYC directions?
A) ₹1.9 lakh
B) ₹29.60 lakh
C) ₹10 lakh
D) ₹5 lakh
Answer and Explanation
- Explanation: The RBI imposed a penalty of ₹1,90,000 (1.9 lakh) on Muthoot Finance Limited for non-compliance with KYC directions.
Question 3:
Which organization was fined ₹29.60 lakh by the RBI in June 2024?
A) ICICI Bank
B) State Bank of India
C) HSBC
D) HDFC Bank
Answer and Explanation
- Explanation: The RBI imposed a monetary penalty of ₹29.60 lakh on The Hongkong and Shanghai Banking Corporation Limited (HSBC) for non-compliance with specific RBI directions.
Question 4:
Which Union Minister emphasized the role of women in MSME growth?
A) Nitin Gadkari
B) Jitan Ram Manjhi
C) Piyush Goyal
D) Smriti Irani
Answer and Explanation
- Explanation: Union Minister for Micro, Small, and Medium Enterprises (MSME), Jitan Ram Manjhi, highlighted the role of women in the growth of MSMEs.
Question 5:
Which minister is scheduled to attend the BRICS trade ministers’ meeting in Moscow?
A) S. Jaishankar
B) Piyush Goyal
C) Nirmala Sitharaman
D) Narendra Modi
Answer and Explanation
- Explanation: Commerce and Industry Minister Piyush Goyal is set to attend the BRICS trade ministers’ meeting in Moscow on July 26.
Question 6:
In which market did Netflix see significant growth, becoming its second largest for new paid subscriber additions?
A) China
B) India
C) Brazil
D) United Kingdom
Answer and Explanation
- Explanation: India emerged as the second largest market for Netflix in terms of new paid subscriber additions in the second quarter of 2024.
Question 7:
Which two organizations signed a MoU to cooperate in economic and financial security?
A) Rashtriya Raksha University and Reserve Bank of India
B) Rashtriya Raksha University and NSE International Exchange
C) National Payments Corporation of India and NSE International Exchange
D) Rashtriya Raksha University and National Bank for Agriculture and Rural Development
Answer and Explanation
- Explanation: Rashtriya Raksha University (RRU) and NSE International Exchange (NSE IX) signed an MoU to cooperate in economic and financial security.
Question 8:
Which country’s most powerful leader, Nguyen Phu Trong, passed away recently?
A) China
B) Vietnam
C) North Korea
D) South Korea
Answer and Explanation
- Explanation: Nguyen Phu Trong, the general secretary of Vietnam’s ruling Communist Party and the country’s most influential leader, passed away at the age of 80.
Question 9:
How old was Kevan Gosper at the time of his death?
A) 80
B) 85
C) 90
D) 95
Answer and Explanation
- Explanation: Kevan Gosper, the former high-ranking IOC member and Australian Olympian, passed away at the age of 90.
Question 10:
Which official from the Australian Olympic Committee passed away recently?
A) John Coates
B) Kevan Gosper
C) Ian Chesterman
D) Kieren Perkins
Answer and Explanation
- Explanation: Kevan Gosper, a former high-ranking IOC member and Australian Olympian, recently passed away.
Question 11:
Which sector is emphasized by Union Minister Jitan Ram Manjhi as crucial for India’s development by 2047?
A) Technology
B) Healthcare
C) MSME
D) Education
Answer and Explanation
- Explanation: Union Minister Jitan Ram Manjhi emphasized the importance of micro, small, and medium enterprises (MSMEs) in achieving the Prime Minister’s vision of transforming India into a developed nation by 2047.
Question 12:
When is the BRICS trade ministers’ meeting scheduled to be held?
A) July 25
B) July 26
C) July 27
D) July 28
Answer and Explanation
- Explanation: The BRICS trade ministers’ meeting is scheduled to take place in Moscow on July 26.
Question 13:
Which organization is included in the committee reviewing the white-label ATM fee structure?
A) Indian Stock Exchange
B) National Payments Corporation of India (NPCI)
C) Reserve Bank of India
D) Securities and Exchange Board of India (SEBI)
Answer and Explanation
- Explanation: The committee to review the fee structure for white-label ATMs includes representatives from the National Payments Corporation of India (NPCI), along with other stakeholders.
Question 14:
Who was the previous party general secretary of Vietnam to die in office before Nguyen Phu Trong?
A) Ho Chi Minh
B) Le Duan
C) Vo Nguyen Giap
D) Nguyen Thi Binh
Answer and Explanation
- Explanation: Nguyen Phu Trong is the first party general secretary to die in office since Le Duan, who passed away in 1986.
Question 15:
Which Indian state is associated with Rashtriya Raksha University?
A) Maharashtra
B) Gujarat
C) Uttar Pradesh
D) West Bengal
Answer and Explanation
- Explanation: Rashtriya Raksha University is based in Gandhinagar, Gujarat.
