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Current Affairs Quiz 15th January 2024

Directions for the quiz:

1. This quiz, that is the Current Affairs Quiz 15th January2024, is meant to be a check for your learning and is meant to serve as a tool for assessment.

2. Current Affairs Quiz 15th January2024 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 January2024 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 January2024

 

 

Question 1:

What is the goal of the SBI Green Rupee Term Deposit scheme?

A) To support agricultural projects
B) To fund eco-friendly projects
C) To promote digital banking
D) To enhance foreign exchange reserves

Answer and Explanation

Answer: B

Explanation: The correct answer is B. The SBI Green Rupee Term Deposit scheme aims to mobilize funds specifically for environment-friendly initiatives and projects, contributing to the growth of green finance in India.

 

 

Question 2:

How do Green Deposits differ from traditional fixed deposits?

A) They offer higher interest rates
B) They have a shorter maturity period
C) They focus on investment in eco-friendly projects
D) They are available only to corporate clients

Answer and Explanation

Answer: C

Explanation: The correct answer is C. Green Deposits are unique in that they prioritize investments in environmentally beneficial projects, unlike traditional fixed deposits which do not have a specific focus on the type of projects funded.

 

 

Question 3:

Which institution is providing a $500 million loan to Gujarat for improving rural roads?

A) The Asian Development Bank
B) The World Bank
C) New Development Bank
D) The International Monetary Fund

Answer and Explanation

Answer: C

Explanation: The correct answer is C. The New Development Bank, based in Shanghai, has agreed to provide a $500 million loan to the Government of Gujarat, aimed at enhancing rural road infrastructure.

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Question 4:

What was the main focus of the 14th India-United States Trade Policy Forum meeting?

A) Discussing defense cooperation
B) Negotiating a free trade agreement
C) Launching joint initiatives in various sectors
D) Resolving trade disputes

Answer and Explanation

Answer: C

Explanation: The correct answer is C. The 14th India-United States Trade Policy Forum meeting, co-chaired by Minister Piyush Goyal and U.S. Trade Representative Katherine Tai, focused on launching joint initiatives in various sectors, including critical minerals, customs and trade facilitation, supply chains, and trade in high-tech products.

 

 

Question 5:

Under the new policy, how frequently will states and UTs get to display their tableaux at the Republic Day parade?

A) Every year
B) Within two years
C) Within three years
D) Every five years

Answer and Explanation

Answer: C

Explanation: The correct answer is C. The new system ensures that every state and Union Territory will have the opportunity to showcase its tableau at the Republic Day parade within a three-year period.

 

 

Question 6:

What is the purpose of the ‘Samay’ app introduced by the Central Board of Indirect Taxes & Customs?

A) A tax filing app
B) An app for GST registration
C) An app to monitor tax appeals
D) A customs duty calculator

Answer and Explanation

Answer: C

Explanation: The correct answer is C. The ‘Samay’ app is designed to monitor tax appeals, alerting officials about the timely disposition of cases and tracking all cases under the litigation process.

 

 

Question 7:

What is the objective of Karnataka’s Yuva Nidhi Scheme?

A) To provide scholarships to students
B) To support startups
C) To offer financial assistance to unemployed youth
D) To fund skill development programs

Answer and Explanation

Answer: C

Explanation: The correct answer is C. The Yuva Nidhi Scheme initiated by the Karnataka government aims to provide financial support to educated but unemployed youth in the state.

 

 

Question 8:

What year has the United Nations declared as the International Year of the Camel?

A) International Year of Water Conservation
B) International Year of the Camel
C) International Year of Sustainable Tourism
D) International Year of Biodiversity

Answer and Explanation

Answer: B

Explanation: The correct answer is B. The United Nations has declared 2024 as the International Year of the Camel, emphasizing the importance of camels globally.

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Question 9:

Who conferred the Swachh Survekshan awards

2023?

A) The Prime Minister of India
B) The President of India
C) The Minister of Environment, Forest and Climate Change
D) The Minister of Housing and Urban Affairs

Answer and Explanation

Answer: B

Explanation: The correct answer is B. The President of India, Smt. Droupadi Murmu, awarded the Swachh Survekshan awards 2023, recognizing the top-performing cities and states in cleanliness initiatives.

 

 

Question 10:

Which company is Tata Consumer Products Ltd planning to acquire?

A) Amul
B) Haldiram’s
C) Capital Foods
D) Britannia

Answer and Explanation

Answer: C

Explanation: The correct answer is C. Tata Consumer Products Ltd has signed agreements to acquire 100% equity shares of Capital Foods, expanding its portfolio in the food sector.

 

 

Question 11:

Which technology will be used in the thermal power project that BHEL is setting up in Odisha?

A) Biomass Technology
B) Hydroelectric Technology
C) Ultra Super Critical Technology
D) Solar Power Technology

Answer and Explanation

Answer: C

Explanation: The correct answer is C. The 2,400 MW Thermal Power Project in Odisha, awarded to BHEL by NLC India Ltd, is based on Ultra Super Critical Technology.

 

 

Question 12:

What is the Indian Army’s focus for the year 2024?

A) Expanding Naval Operations
B) Enhancing Cyber Security
C) Technology Absorption
D) Strengthening Air Defense

Answer and Explanation

Answer: C

Explanation: The correct answer is C. The Indian Army has designated 2024 as the “Year of Technology Absorption,” focusing on modernizing and incorporating advanced technologies such as drones and cyber operations.

 

 

Question 13:

Which countries conducted the 20th joint Coast Guard exercise off the coast of Chennai?

A) India and Sri Lanka
B) India and Japan
C) India and Australia
D) India and the United States

Answer and Explanation

Answer: B

Explanation: The correct answer is B. The 20th joint exercise involved the Coast Guards of India and Japan, reflecting ongoing maritime collaboration between these two nations.

 

 

Question 14:

Who has been reappointed as the Deputy Governor of the Reserve Bank of India for an additional year?

A) Urjit Patel
B) Shaktikanta Das
C) Raghuram Rajan
D) Michael Patra

Answer and Explanation

Answer: D

Explanation: The correct answer is D. Michael Patra has been reappointed as the Deputy Governor of the Reserve Bank of India, extending his tenure for another year.

 

 

Question 15:

What is the purpose of the ‘Report Fish Disease’ app launched by NSPAAD?

A) To track fish prices across India
B) To monitor fish diseases nationwide
C) To promote fish farming techniques
D) To provide fish recipes

Answer and Explanation

Answer: B

Explanation: The correct answer is B. The ‘Report Fish Disease’ app, launched by the National Surveillance Programme for Aquatic Animal Diseases, is designed to monitor fish diseases across India, contributing to the health and sustainability of the aquaculture industry.

 

 

Question 16:

Which city was ranked as India’s most polluted in 2023?

A) Delhi
B) Byrnihat
C) Mumbai
D) Kolkata

Answer and Explanation

Answer: B

Explanation: The correct answer is B. Byrnihat in Meghalaya was identified as the most polluted city in India in 2023, according to the Centre for Research on Energy and Clean Air.

 

 

Question 17:

What is the biggest risk identified in the Global Risks Report 2024?

A) Economic recession
B) Climate change
C) AI-led misinformation
D) Global pandemic

Answer and Explanation

Answer: C

Explanation: The correct answer is C. The Global Risks Report 2024 by the World Economic Forum has highlighted AI-led misinformation as a significant global risk, especially concerning its potential impact on elections.

 

 

 

Question 18:

What is the focus of the agreement between the Odisha government and the National Dairy Development Board?

A) Milk processing
B) Cheese production
C) Vaccine production
D) Organic farming

Answer and Explanation

Answer: C

Explanation: The correct answer is C. The agreement between the Odisha government and the National Dairy Development Board is focused on establishing a facility for the production of anthrax and ENT vaccines in Ganjam district.

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Question 19:

Which state emerged as the champion in the first-ever Beach Games held in Diu?

A) Tamil Nadu
B) Madhya Pradesh
C) Maharashtra
D) Kerala

Answer and Explanation

Answer: B

Explanation: The correct answer is B. Madhya Pradesh won the first-ever Beach Games in

Diu, emerging as the overall champion with a strong performance in various sports events.

 

 

Question 20:

On which date is Indian Army Day observed annually?

A) January 26
B) January 15
C) August 15
D) October 2

Answer and Explanation

Answer: B

Explanation: The correct answer is B. Indian Army Day is observed on January 15th each year, commemorating the significant role of the Indian Army in the nation’s defense and its history.

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Question 21:

What is the primary purpose of the IMF loan to Pakistan?

A) Defense spending
B) Infrastructure development
C) Economic stabilization
D) Educational reforms

Answer and Explanation

Answer: C

Explanation: The correct answer is C. The International Monetary Fund’s $700 million loan to Pakistan is primarily intended for economic stabilization, as part of a larger bailout package to support the country’s struggling economy.

 

 

Question 22:

Under the new three-year policy, what will every state and UT in India showcase at the Republic Day parade?

A) Cultural dance
B) Tableau
C) Military equipment
D) State anthem

Answer and Explanation

Answer: B

Explanation: The correct answer is B. According to the new policy, every state and Union Territory in India will have the opportunity to display its tableau at the Republic Day parade within a three-year period.

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Question 23:

Which city hosted the Swachh Survekshan awards 2023?

A) Mumbai
B) Kolkata
C) New Delhi
D) Bengaluru

Answer and Explanation

Answer: C

Explanation: The correct answer is C. The Swachh Survekshan awards 2023 were hosted in New Delhi, where the President of India conferred awards to the top-performing cities and states in cleanliness initiatives.

 

 

Question 24:

What significant development occurred in Gujarat’s rural road network initiative?

A) Introduction of electric buses
B) Implementation of a new toll system
C) Receiving a $500 million loan from New Development Bank
D) Launching a new highway project

Answer and Explanation

Answer: C

Explanation: The correct answer is C. The Gujarat government received a $500 million loan from the New Development Bank for the Mukhayamantri Gram Sadak Yojana, focusing on enhancing the rural road network in the state.

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Question 25:

Who co-chaired the 14th Ministerial-level meeting of the India-United States Trade Policy Forum in New Delhi?

A) Prime Minister Narendra Modi and President Joe Biden
B) Minister of Commerce and Industry Piyush Goyal and U.S. Trade Representative Katherine Tai
C) Finance Minister Nirmala Sitharaman and Secretary of State Antony Blinken
D) Home Minister Amit Shah and Vice President Kamala Harris

Answer and Explanation

Answer: B

Explanation: The correct answer is B. The 14th Ministerial-level meeting of the India-United States Trade Policy Forum in New Delhi was co-chaired by India’s Minister of Commerce and Industry Piyush Goyal and U.S. Trade Representative Katherine Tai, focusing on enhancing bilateral trade cooperation.

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