Current Affairs Quiz 15th February 2024
Directions for the quiz:
1. This quiz, that is the Current Affairs Quiz 15th February2024, is meant to be a check for your learning and is meant to serve as a tool for assessment.
2. Current Affairs Quiz 15th February2024 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 15th February2024 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 15th February2024
Quiz Questions and Answers
1. Who chaired the first meeting of the 16th Finance Commission?
A) Arvind Panagariya
B) Rajiv Kumar
C) Amitabh Kant
D) N.K. Singh
Answer and Explanation
- Explanation: Arvind Panagariya chaired the first meeting of the 16th Finance Commission, focusing on the commission’s Terms of Reference and outlining plans for extensive collaboration with research bodies specializing in fiscal federalism.
2. What distinguishes the Epic Foundation’s Milkyway tablet?
A) Its AI capabilities
B) Its fully repairable and upgradeable design
C) Its solar charging feature
D) Its virtual reality integration
Answer and Explanation
- Explanation: The Milkyway tablet introduced by the Epic Foundation is distinguished by its unique design that allows it to be fully repairable and upgradeable, setting a new standard for sustainability and innovation in technology.
3. India is seeking full membership in which international organization?
A) United Nations Security Council
B) World Trade Organization
C) International Monetary Fund
D) International Energy Agency
Answer and Explanation
- Explanation: India is actively discussing with officials from member countries to secure full membership in the International Energy Agency (IEA), recognizing India’s pivotal role in global energy and climate agendas.
4. What is the name of Saudi Arabia’s first luxury train?
A) Arabian Nights Express
B) Desert Rose Express
C) Dream of the Desert
D) Sands of Time
Answer and Explanation
- Explanation: ‘Dream of the Desert’ is the name of Saudi Arabia’s first luxury train, designed to offer an exceptional journey across the kingdom, blending luxury with cultural exploration.
5. How much has the Ministry of Defence procured through the GeM portal since its launch?
A) ₹45,800 crore
B) ₹1 lakh crore
C) ₹5.47 lakh crore
D) ₹10 lakh crore
Answer and Explanation
- Explanation: The Ministry of Defence has reached a significant milestone by procuring goods and services valued at ₹1 lakh crore through the Government eMarketplace (GeM) since its inception.
6. What was India’s Wholesale Price Index (WPI) at in January?
A) 0.27%
B) 1.5%
C) 2.3%
D) 3.1%
Answer and Explanation
- Explanation: India’s Wholesale Price Index (WPI) saw a decline, hitting a three-month low at 0.27% in January, driven by lower food and manufacturing product prices.
7. What was the value of India’s services trade surplus in the October-December quarter of FY24?
A) $44.9 billion
B) $34.9 billion
C) $54.9 billion
D) $24.9 billion
Answer and Explanation
- Explanation: India’s services trade surplus soared to a record $44.9 billion in the October-December quarter of FY24, marking a significant increase and potentially easing the current account deficit.
8. Which two companies were ordered by the RBI to suspend card-based commercial payments?
A) Visa and PayPal
B) Mastercard and American Express
C) Visa and Mastercard
D) Discover and Visa
Answer and Explanation
- Explanation: The Reserve Bank of India directed Visa and Mastercard to suspend card-based commercial payments by businesses due to noncompliance with KYC regulations.
9. By how much did LIC increase its stake in SBI Cards & Payments Services Limited?
A) From 4.99% to 5.02%
B) From 3.99% to 4.5%
C) From
5.5% to 6%
D) From 2.99% to 3.02%
Answer and Explanation
- Explanation: Life Insurance Corporation of India increased its stake in SBI Cards & Payments Services Limited from 4.99% to 5.02% through open market acquisitions.
10. When is International Childhood Cancer Day observed?
A) February 15
B) March 15
C) April 15
D) May 15
Answer and Explanation
- Explanation: February 15th is marked as International Childhood Cancer Day, dedicated to raising awareness about the impact of childhood cancer and the importance of supporting affected young patients and their families.
11. What is the purpose of the NMBA Vehicle launched in Delhi-NCR?
A) To promote renewable energy
B) To combat air pollution
C) To spread drug abuse awareness
D) To encourage digital literacy
Answer and Explanation
- Explanation: The NMBA Vehicle initiative in Delhi-NCR, a collaboration between the Ministry of Social Justice & Empowerment and the Brahma Kumaris, aims to educate the public, especially the youth, about the dangers of substance abuse.
12. For what reason were three high court judges recommended for transfer by the Supreme Court collegium?
A) Performance reasons
B) Administrative reasons
C) Personal requests
D) Health issues
Answer and Explanation
- Explanation: The Supreme Court collegium approved the transfer of three high court judges for administrative reasons, aiming to enhance the judiciary’s functioning and address specific administrative needs.
13. What innovation led to Havildar Varinder Singh receiving the Vishisht Seva Medal?
A) Developing a new rifle
B) Creating an advanced navigation system
C) Innovating a Multipurpose Octocopter
D) Designing a bulletproof vest
Answer and Explanation
- Explanation: Havildar Varinder Singh was awarded the Vishisht Seva Medal for his exceptional innovation in military technology, specifically for developing a Multipurpose Octocopter, a versatile drone capable of performing a variety of tasks beyond surveillance.
