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Current Affairs Quiz 14th July 2024

Directions for the quiz:

1. This quiz, that is the Current Affairs Quiz 14th 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 14th 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 14th 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 14th July, 2024

 

Question 1:

Which scheme allows resident individuals to open Foreign Currency Accounts (FCA) in International Financial Services Centres (IFSCs) at GIFT City in Gujarat?

A) Pradhan Mantri Jan Dhan Yojana

B) Liberalised Remittance Scheme (LRS)

C) Digital India

D) Make in India

Answer and Explanation

Answer: B) Liberalised Remittance Scheme (LRS)

  • Explanation: The RBI allowed resident individuals to open Foreign Currency Accounts in IFSCs at GIFT City under the Liberalised Remittance Scheme (LRS).

 

 

Question 2:

How much did India’s mutual fund industry garner through equity New Fund Offers (NFOs) in June 2024?

A) Rs 12,000 crore

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B) Rs 14,370 crore

C) Rs 13,709 crore

D) Rs 15,000 crore

Answer and Explanation

Answer: B) Rs 14,370 crore

  • Explanation: India’s mutual fund industry achieved a record inflow of Rs 14,370 crore through 11 new fund offers (NFOs) in June 2024.

 

 

Question 3:

What is the initial corpus of the ‘Agri-SURE’ fund launched by NABARD’s subsidiary?

A) Rs 500 crore

B) Rs 750 crore

C) Rs 1000 crore

D) Rs 1500 crore

Answer and Explanation

Answer: B) Rs 750 crore

  • Explanation: The ‘Agri-SURE’ fund launched by NABARD’s subsidiary NABVENTURES has an initial corpus of Rs 750 crore.

 

 

Question 4:

Which company received approval from the RBI to operate as a Core Investment Company (CIC)?

A) Paytm

B) Jio Financial Services

C) Tata Capital

D) Bajaj Finserv

Answer and Explanation

Answer: B) Jio Financial Services

  • Explanation: Jio Financial Services received approval from the RBI to become a Core Investment Company (CIC).

 

 

Question 5:

Which companies launched a travel credit card for RuPay users?

A) MakeMyTrip and SBI

B) Yatra and HDFC

C) ixigo and AU Small Finance Bank

D) Cleartrip and ICICI

Answer and Explanation

Answer: C) ixigo and AU Small Finance Bank

  • Explanation: ixigo and AU Small Finance Bank launched a travel credit card for RuPay users.

 

 

Question 6:

When is “Samvidhaan Hatya Divas” observed to commemorate Emergency victims?

A) June 25

B) July 15

C) August 15

D) October 2

Answer and Explanation

Answer: A) June 25

  • Explanation: The central government declared June 25 as “Samvidhaan Hatya Divas” to remember the Emergency victims.

 

 

Question 7:

Where will the inaugural World Audio Visual and Entertainment Summit (WAVES) be held?

A) Mumbai

B) New Delhi

C) Goa

D) Bengaluru

Answer and Explanation

Answer: C) Goa

  • Explanation: The first World Audio Visual and Entertainment Summit will be held in Goa alongside the International Film Festival of India.

 

 

Question 8:

Which port is Adani Ports investing $1.2 billion to enhance?

A) Mumbai Port

B) Vizhinjam Port

C) Chennai Port

D) Kochi Port

Answer and Explanation

Answer: B) Vizhinjam Port

  • Explanation: Adani Ports plans to invest $1.2 billion to enhance the Vizhinjam port in Kerala.

 

 

Question 9:

Who was appointed as the new chairman and managing director of Bharat Sanchar Nigam Limited (BSNL) for six months?

A) Sunil Bharti Mittal

B) Mukesh Ambani

C) Robert J Ravi

D) Ratan Tata

Answer and Explanation

Answer: C) Robert J Ravi

  • Explanation: Robert Jerard Ravi was appointed as the new chairman and managing director of BSNL for six months.

 

 

Question 10:

Which state topped the NITI Aayog’s SDG India Index 2023-24 along with Uttarakhand?

A) Maharashtra

B) Kerala

C) Tamil Nadu

D) Karnataka

Answer and Explanation

Answer: B) Kerala

  • Explanation: Kerala and Uttarakhand secured the top spot in the NITI Aayog’s SDG India Index 2023-24.

 

 

Question 11:

Which artist was honored with the Golden Sand Master Award at the International Sand Sculpture Championship in Russia?

A) Subodh Gupta

B) Jitish Kallat

C) Anish Kapoor

D) Sudarshan Pattnaik

Answer and Explanation

Answer: D) Sudarshan Pattnaik

  • Explanation: Sudarshan Pattnaik was honored with the Golden Sand Master Award for his sand sculpture at the International Sand Sculpture Championship in Russia.

 

 

Question 12:

What significant change is being considered for MTNL’s operations?

A) Merger with Jio

B) Shutdown

C) Transfer to BSNL

D) Privatization

Answer and Explanation

Answer: C) Transfer to BSNL

  • Explanation: The Indian government is considering transferring the operations of MTNL to BSNL instead of pursuing a full merger.

 

 

Question 13:

What is the name of Godrej Consumer Products’ new mosquito repellent molecule?

A) Renofluthrin

B) Permethrin

C) DEET

D) Citronella

Answer and Explanation

Answer: A) Renofluthrin

  • Explanation: Godrej Consumer Products introduced ‘Renofluthrin’, a new patented mosquito repellent molecule.

 

 

Question 14:

Which fund aims to support startups and rural enterprises with an initial corpus of Rs 750 crore?

A) Startup India Fund

B) Mudra Yojana Fund

C) Agri-SURE Fund

D) Make in India Fund

Answer and Explanation

Answer: C) Agri-SURE Fund

  • Explanation: The ‘Agri-SURE’ fund launched by NABVENTURES aims to support startups and rural enterprises with an initial corpus of Rs 750 crore.

 

 

Question 15:

What is the new travel credit card variant launched by ixigo and AU Small Finance Bank?

A) Visa

B) MasterCard

C) American Express

D) RuPay

Answer and Explanation

Answer: D) RuPay

  • Explanation: ixigo and AU Small Finance Bank launched the RuPay variant of their travel credit card.
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