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## Current Affairs Quiz 16th June 2024

Directions for the quiz:

1. This quiz, that is the Current Affairs Quiz 16th June 2024, is meant to be a check for your learning and is meant to serve as a tool for assessment.

2. Current Affairs Quiz 16th June 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 16th June 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 16th June, 2024

Question 1:
How much did the State Bank of India issue in foreign bonds through its London branch?
A) $50 million B)$100 million
C) $150 million D)$200 million

Answer: B) $100 million • Explanation: The State Bank of India issued$100 million in foreign bonds through its London branch.

Question 2:
What is the maturity period of the bonds issued by SBI?
A) 2 years
B) 3 years
C) 4 years
D) 5 years

• Explanation: The bonds issued by SBI have a maturity period of 3 years.

Question 3:
What type of rate is used for the coupon rate of the SBI’s foreign bonds?
A) LIBOR + 95 bps
B) EURIBOR + 95 bps
C) SOFR + 95 bps
D) MIBOR + 95 bps

Answer: C) SOFR + 95 bps

• Explanation: The coupon rate for the SBI’s foreign bonds is based on SOFR + 95 basis points.

Question 4:
Which country’s President Cyril Ramaphosa was recently re-elected?
A) Nigeria
B) South Africa
C) Kenya
D) Ethiopia

• Explanation: Cyril Ramaphosa was re-elected as the President of South Africa.

Question 5:
What type of drones has the Indian Army recently inducted?
A) Surveillance drones
B) Attack drones
C) Kamikaze drones
D) Transport drones

• Explanation: The Indian Army has inducted Nagastra-1, which are kamikaze drones.

Question 6:
Which technology giant partnered with Tamil Nadu to empower youth with IT skills?
A) Microsoft
C) Oracle
D) Apple

• Explanation: Oracle has partnered with Tamil Nadu to provide IT skills to the youth.

Question 7:
Which company has Samsung partnered with to enhance the Samsung Wallet?
B) Mastercard
C) Visa
D) Paytm

• Explanation: Samsung has partnered with Paytm to enhance the Samsung Wallet by adding booking services.

Question 8:
Which university topped THE Impact Rankings 2024?
A) Harvard University
B) Stanford University
C) MIT
D) Western Sydney University

• Explanation: Western Sydney University achieved the highest ranking globally in THE Impact Rankings 2024.

Question 9:
Which country will host the 2025 FIH Hockey Menâ€™s Junior World Cup?
A) Australia
B) India
C) Germany
D) Netherlands

• Explanation: India will host the FIH Hockey Menâ€™s Junior World Cup in December 2025.

Question 10:
Who became the first Indian mixed martial arts fighter to win a bout in the UFC?
A) Ritu Phogat
B) Puja Tomar
C) Asha Roka
D) Manjit Kolekar

• Explanation: Puja Tomar made history as the first Indian mixed martial arts fighter to secure a victory at the Ultimate Fighting Championship (UFC).

Question 11:
What was Harpal Singh Bedi known for?
A) Political journalism
B) Sports journalism
C) Financial journalism
D) Legal journalism

• Explanation: Harpal Singh Bedi was a renowned sports journalist.

Question 12:
Which company was selected by PFRDA as the system integrator for its digital platform?
A) TCS
B) Wipro
C) Infosys
D) NEC Corporation India

• Explanation: NEC Corporation India was chosen as the System Integrator for PFRDAâ€™s digital platform, PFRDA-TRACE.

Question 13:
What is the new end date for the scheme to digitize patientsâ€™ health records?
A) 30th June 2024
B) 31st December 2024
C) 30th June 2025
D) 31st December 2025

• Explanation: The scheme to digitize patients’ health records has been extended until 30th June 2025.

Question 14:
Which region has expanded its agricultural partnership with New Zealand?
A) Punjab
B) Kerala
C) Jammu & Kashmir
D) Gujarat

• Explanation: Jammu & Kashmir has expanded its existing Memorandum of Cooperation (MoC) with New Zealand into a comprehensive strategic agreement to advance the agricultural sector.

Question 15:
Which benchmark interest rate is used for the State Bank of India’s foreign bonds?
A) LIBOR
B) SOFR
C) EURIBOR
D) MIBOR

• Explanation: The reference rate for the State Bank of India’s foreign bonds is the Secured Overnight Financing Rate (SOFR).

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