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Current Affairs Quiz 2nd January 2024

Directions for the quiz:

1. This quiz, that is the Current Affairs Quiz 2nd January2024, is meant to be a check for your learning and is meant to serve as a tool for assessment.

2. Current Affairs Quiz 2nd 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 2nd 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 2nd January2024

 

Question 1:

What is the amount of the bailout tranche that Pakistan is set to receive from the IMF in January?

A) 3 billion Dollars
B) 700 million Dollars
C) 1.1 billion Dollars
D) 20,000 crore Dollars

Answer and Explanation

Correct Answer: B) $700 million

  • Explanation: The IMF is scheduled to release a $700 million bailout tranche to Pakistan, as part of a larger $3 billion StandBy Arrangement.

 

 

Question 2:

Which Indian Prime Minister inaugurated development projects in Tamil Nadu?

A) Narendra Modi
B) Ashok Gehlot
C) Geetika Mehta
D) None of the above

Answer and Explanation

Correct Answer: A) Narendra Modi

  • Explanation: Prime Minister Narendra Modi inaugurated various development projects in Tiruchirappalli, Tamil Nadu.

 

 

Question 3:

Which organization’s report raised concerns about India Inc’s investment slump in FY24’s first nine months?

A) Tata Digital
B) Bank of Baroda
C) IMF
D) RBI

Answer and Explanation

Correct Answer: B) Bank of Baroda

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  • Explanation: The Economic Research Department of Bank of Baroda reported the investment slump in India’s corporate sector in FY24’s first nine months.

 

 

Question 4:

Which company received a payment aggregator license from the RBI for ecommerce transactions?

A) Ola Electric
B) Tata Pay
C) Google Pay
D) Razorpay

Answer and Explanation

Correct Answer: B) Tata Pay

  • Explanation: Tata Pay, under Tata Digital, was granted a payment aggregator license by the Reserve Bank of India.

 

 

Question 5:

What was the percentage of gross household financial savings to GDP in India in FY23?

A) 5.8%
B) 11.1%
C) 10.9%
D) 3.8%

Answer and Explanation

Correct Answer: C) 10.9%

  • Explanation: The RBI’s Financial Stability Report indicated that gross household financial savings dropped to 10.9% of GDP in FY23.

 

 

Question 6:

Which Indian EV company is the first to qualify for the government’s PLI scheme?

A) Tata Pay
B) Google Pay
C) Ola Electric
D) Razorpay

Answer and Explanation

Correct Answer: C) Ola Electric

  • Explanation: Ola Electric became the first Indian EV company to secure eligibility for the government’s ProductionLinked Incentive (PLI) scheme.

 

 

Question 7:

What is the integrated health insurance scheme proposed by Rajasthan’s BJP government?

A) Ayushman Bharat
B) Ayushman Bharat Mukhyamantri Chiranjeevi Health Insurance Scheme
C) Chiranjeevi
D) National Health Protection Scheme

Answer and Explanation

Correct Answer: B) Ayushman Bharat Mukhyamantri Chiranjeevi Health Insurance Scheme

  • Explanation: The BJP government in Rajasthan plans to merge the Chiranjeevi scheme with Ayushman Bharat to form the Ayushman Bharat Mukhyamantri Chiranjeevi Health Insurance Scheme.

 

 

Question 8:

Which airports ranked high in global ontime performance according to Cirium?

A) Hyderabad and Bengaluru
B) Mumbai and Delhi
C) Chennai and Kolkata
D) Ahmedabad and Pune

Answer and Explanation

Correct Answer: A) Hyderabad and Bengaluru

  • Explanation: Hyderabad and Bengaluru airports were ranked second and third respectively in global punctuality by Cirium.

 

 

Question 9:

Who has been appointed as the new Managing Director of Nivea India?

A) Narendra Modi
B) Geetika Mehta
C) Ashok Gehlot
D) None of the above

Answer and Explanation

Correct Answer: B) Geetika Mehta

  • Explanation: Geetika Mehta was appointed as the new Managing Director of Nivea India, marking a significant change in the company’s leadership.
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