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GK Current Affairs Quiz: June 30th 2024

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Current Affairs Quiz 30th June 2024

Directions for the quiz:

1. This quiz, that is the Current Affairs Quiz 30th 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 30th 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 30th 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 30th June, 2024

Question 1:

By what percentage did the RBI increase the Ways and Means Advances (WMA) limits for States and UTs?

A) 20%

B) 25%

C) 28%

D) 30%

Answer and Explanation

Answer: C) 28%
  • Explanation: The RBI increased the WMA limits for States and UTs by 28%, from ₹47,010 crore to ₹60,118 crore.

 

Question 2:

What was the previous WMA limit before the RBI increased it to ₹60,118 crore?

A) ₹40,000 crore

B) ₹45,500 crore

C) ₹47,010 crore

D) ₹50,000 crore

Answer and Explanation

Answer: C) ₹47,010 crore
  • Explanation: The previous WMA limit was ₹47,010 crore before it was increased to ₹60,118 crore.

 

Question 3:

How much did the RBI report as the increase in home loan outstanding over 12 months?

A) Rs 2.5 lakh crore

B) Rs 3 lakh crore

C) Rs 3.4 lakh crore

D) Rs 4 lakh crore

Answer and Explanation

Answer: C) Rs 3.4 lakh crore
  • Explanation: The RBI reported an increase of Rs 3.4 lakh crore in home loan outstanding over the past 12 months.

 

Question 4:

To what amount has SEBI increased the threshold for the Basic Services Demat Account (BSDA)?

A) Rs 5 lakhs

B) Rs 8 lakhs

C) Rs 10 lakhs

D) Rs 12 lakhs

Answer and Explanation

Answer: C) Rs 10 lakhs
  • Explanation: SEBI increased the threshold for BSDA to Rs 10 lakhs from the previous limit of Rs 2 lakhs.

 

Question 5:

What is the purpose of the World Bank’s $1.5 billion loan to India?

A) To improve rural infrastructure

B) To support the green hydrogen initiative

C) To enhance digital literacy

D) To build smart cities

Answer and Explanation

Answer: B) To support the green hydrogen initiative
  • Explanation: The World Bank’s $1.5 billion loan is aimed at supporting India’s green hydrogen initiative and low-carbon energy development.

 

Question 6:

When will the new SEBI guidelines for BSDA come into force?

A) August 1, 2024

B) September 1, 2024

C) October 1, 2024

D) November 1, 2024

Answer and Explanation

Answer: B) September 1, 2024
  • Explanation: The new SEBI guidelines for BSDA will come into force from September 1, 2024.

 

Question 7:

Which company has set a net zero carbon goal for 2035?

A) Tata Steel

B) GAIL (India) Ltd

C) Reliance Industries

D) ONGC

Answer and Explanation

Answer: B) GAIL (India) Ltd
  • Explanation: GAIL (India) Ltd has revised its target to achieve net zero carbon emissions by 2035, advancing it from 2040.

 

Question 8:

What market milestone did Reliance Industries achieve recently?

A) First Indian company to cross Rs 8 lakh crore market cap

B) Largest exporter of goods

C) Highest quarterly profit in history

D) Most patents filed in a year

Answer and Explanation

Answer: A) First Indian company to cross Rs 8 lakh crore market cap
  • Explanation: Reliance Industries became the first Indian company to cross Rs 8 lakh crore in market capitalization.

 

Question 9:

Which index now includes Indian government bonds?

A) S&P 500

B) FTSE 100

C) MSCI Emerging Markets Index

D) JPMorgan Government Bond Index-Emerging Markets (GBI-EM)

Answer and Explanation

Answer: D) JPMorgan Government Bond Index-Emerging Markets (GBI-EM)
  • Explanation: Indian government bonds are now included in the JPMorgan Government Bond Index-Emerging Markets (GBI-EM).

 

Question 10:

Which two organizations signed an MoU for collaborative research on 5G?

A) IIT Delhi and Ericsson

B) VIT and Nokia

C) BITS Pilani and Huawei

D) NIT Trichy and Samsung

Answer and Explanation

Answer: B) VIT and Nokia
  • Explanation: VIT signed an MoU with Nokia for collaborative research on 5G and next-generation technologies.

 

Question 11:

Which naval exercise is INS Shivalik participating in?

A) MALABAR

B) RIMPAC

C) VARUNA

D) MILAN

Answer and Explanation

Answer: B) RIMPAC
  • Explanation: INS Shivalik is participating in the Rim of the Pacific (RIMPAC) exercise, the world’s largest naval exercise.

 

Question 12:

How many T20 World Cup titles has India won after their recent victory?

A) 1

B) 2

C) 3

D) 4

Answer and Explanation

Answer: B) 2
  • Explanation: India has won its second T20 World Cup title after defeating South Africa in the final.

 

Question 13:

Who was declared the Player of the Match in the recent T20 World Cup final?

A) Rohit Sharma

B) Virat Kohli

C) Jaspreet Bumrah

D) Hardik Pandya

Answer and Explanation

Answer: B) Virat Kohli
  • Explanation: Virat Kohli was declared the Player of the Match for his performance in the T20 World Cup final.

 

Question 14:

What financial aid scheme did the Jharkhand Cabinet approve for women?

A) Beti Bachao Beti Padhao

B) Mukhya Mantri Kanyadan Yojana

C) Mukhya Mantri Bahan Beti Maiqui Swabalamban Protsahan Yojana

D) Shakti Scheme

Answer and Explanation

Answer: C) Mukhya Mantri Bahan Beti Maiqui Swabalamban Protsahan Yojana
  • Explanation: The Jharkhand Cabinet approved the Mukhya Mantri Bahan Beti Maiqui Swabalamban Protsahan Yojana, providing financial assistance to 4.5 million women.

 

Question 15:

Which Indian company crossed the $100-billion mark in market valuation last month?

A) Tata Consultancy Services

B) Infosys

C) Reliance Industries

D) HDFC Bank

Answer and Explanation

Answer: C) Reliance Industries
  • Explanation: Reliance Industries crossed the $100-billion mark in market valuation last month.
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