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Current Affairs Quiz 07th July 2024

Directions for the quiz:

1. This quiz, that is the Current Affairs Quiz 07th July 2024, is meant to be a check for your learning and is meant to serve as a tool for assessment.

2. Current Affairs Quiz 07th July 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 07th July 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 07th July, 2024

 

Question 1:

Which new guidelines did SEBI issue to enhance operations of Credit Rating Agencies (CRAs)?

A) To improve transparency in ratings

B) To streamline operations and enhance ease of doing business

C) To increase the number of CRAs

D) To provide financial support to CRAs

Answer and Explanation

Answer: B) To streamline operations and enhance ease of doing business

  • Explanation: SEBI issued new guidelines to streamline operations and enhance the ease of doing business for credit rating agencies, effective from August 1, 2024.

 

 

Question 2:

What is the name of the agency transformation initiative launched by LIC?

A) Jeevan Raksha

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B) Jeevan Samarth

C) Jeevan Suraksha

D) Jeevan Anand

Answer and Explanation

Answer: B) Jeevan Samarth

  • Explanation: The Life Insurance Corporation of India (LIC) launched the ‘Jeevan Samarth’ agency transformation project to address the evolving needs of customers.

 

 

Question 3:

Which program was launched to empower women entrepreneurs in India with financial literacy content?

A) SEHER Credit Education Program

B) Nari Shakti Program

C) Women Empowerment Program

D) Mahila Udyami Program

Answer and Explanation

Answer: A) SEHER Credit Education Program

  • Explanation: SEHER, a credit education program launched by the Women Entrepreneurship Platform (WEP) and TransUnion CIBIL, aims to empower women entrepreneurs in India with essential financial literacy content and business skills.

 

 

Question 4:

What is the target of the Union Budget for rural houses under PMAY Gramin over the next five years?

A) 10 million

B) 15 million

C) 20 million

D) 25 million

Answer and Explanation

Answer: C) 20 million

  • Explanation: The Union Budget is likely to propose the construction of an additional 20 million rural houses over the next five years under the Pradhan Mantri Awas Yojana (PMAY) Gramin.

 

 

Question 5:

Who introduced the ‘Lokpath Mobile App’ in Madhya Pradesh?

A) Chief Minister Shivraj Singh Chouhan

B) Chief Minister Kamal Nath

C) Chief Minister Mohan Yadav

D) Chief Minister Uma Bharti

Answer and Explanation

Answer: C) Chief Minister Mohan Yadav

  • Explanation: Madhya Pradesh Chief Minister Mohan Yadav introduced the ‘Lokpath Mobile App’ in Bhopal to resolve road issues within 7 days.

 

 

Question 6:

What is the significant innovation introduced by Bajaj Auto?

A) Electric scooter

B) Solar-powered bike

C) CNG-powered two-wheeler

D) Hydrogen-fueled car

Answer and Explanation

Answer: C) CNG-powered two-wheeler

  • Explanation: Bajaj Auto launched the world’s first compressed natural gas (CNG)-powered two-wheeler, the Freedom 125, in Pune.

 

 

Question 7:

Which company partnered with the Indian Olympic Association as Principal Sponsor for four years?

A) Tata Motors

B) Reliance Industries

C) Bharat Petroleum Corporation Limited (BPCL)

D) Indian Oil Corporation

Answer and Explanation

Answer: C) Bharat Petroleum Corporation Limited (BPCL)

  • Explanation: BPCL has partnered with the Indian Olympic Association as the official Principal Partner for four years, from the Paris Olympics in 2024 to the Los Angeles Olympics in 2028.

 

 

Question 8:

Which city is ranked as the most expensive city in the world for expatriates according to Mercer’s Cost of Living City rankings for 2024?

A) New York

B) Zurich

C) Singapore

D) Hong Kong

Answer and Explanation

Answer: D) Hong Kong

  • Explanation: According to Mercer’s Cost of Living City rankings for 2024, Hong Kong is ranked as the most expensive city in the world for expatriates.

 

 

Question 9:

How many AK-203 assault rifles did the Indo-Russian JV deliver to the Ministry of Defence?

A) 15,000

B) 25,000

C) 35,000

D) 45,000

Answer and Explanation

Answer: C) 35,000

  • Explanation: The Indo-Russian Rifles Private Limited (IRRPL) delivered 35,000 Kalashnikov AK-203 assault rifles to the Indian Ministry of Defence.

 

 

Question 10:

Which mission involves two Gaganyaan astronauts traveling to the International Space Station?

A) Axiom Mission 2

B) Axiom Mission 3

C) Axiom Mission 4

D) Axiom Mission 1

Answer and Explanation

Answer: C) Axiom Mission 4

  • Explanation: The Indian Space Research Organisation (ISRO) has shortlisted two Gaganyaan astronauts to travel to the International Space Station as part of Axiom Mission 4, scheduled to launch in 2024.

 

 

Question 11:

Who won the 2024 Asian Billiards Championship title?

A) Pankaj Advani

B) Dhruv Sitwala

C) Geet Sethi

D) Aditya Mehta

Answer and Explanation

Answer: B) Dhruv Sitwala

  • Explanation: Dhruv Sitwala defeated Pankaj Advani 2-5 to claim the 2024 Asian Billiards Championship title.

 

 

Question 12:

Which Indian city ranks highest in Mercer’s 2024 Cost of Living rankings?

A) Delhi

B) Mumbai

C) Bangalore

D) Chennai

Answer and Explanation

Answer: B) Mumbai

  • Explanation: Mumbai is the highest ranked Indian city at 136th place in Mercer’s 2024 Cost of Living rankings.

 

 

Question 13:

Which initiative was launched by LIC to address the evolving needs of customers?

A) LIC Suraksha

B) LIC Jeevan Samarth

C) LIC Future Secure

D) LIC Customer First

Answer and Explanation

Answer: B) LIC Jeevan Samarth

  • Explanation: The ‘Jeevan Samarth’ agency transformation project was launched by LIC to address the evolving needs of customers.

 

 

Question 14:

What is the starting price of the Bajaj Freedom 125, the world’s first CNG-powered two-wheeler?

A) Rs 80,000

B) Rs 85,000

C) Rs 90,000

D) Rs 95,000

Answer and Explanation

Answer: D) Rs 95,000

  • Explanation: The starting price of the Bajaj Freedom 125, the world’s first CNG-powered two-wheeler, is Rs 95,000 (ex-showroom).

 

 

Question 15:

Which organization announced the production and transfer of 35,000 AK-203 assault rifles to India?

A) ISRO

B) DRDO

C) Indo-Russian Rifles Private Limited (IRRPL)

D) HAL

Answer and Explanation

Answer: C) Indo-Russian Rifles Private Limited (IRRPL)

  • Explanation: The Indo-Russian Rifles Private Limited (IRRPL) announced the production and transfer of 35,000 Kalashnikov AK-203 assault rifles to the Indian Ministry of Defence.

 

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