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Current Affairs Quiz 2nd June 2024

Directions for the quiz:

1. This quiz, that is the Current Affairs Quiz 2nd June 2024, is meant to be a check for your learning and is meant to serve as a tool for assessment.

2. Current Affairs Quiz 2nd June 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 2nd June 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 2nd June, 2024

 

Question 1:

Why did the RBI cancel its first-ever auction of 10-year green bonds?

A) Lack of investor interest

B) High inflation rates

C) Traders refused to pay greenium

D) Market instability

Answer and Explanation

 

 

Question 2:

How many transactions did the UPI network process in May 2024?

A) 13.3 billion

B) 14.04 billion

C) 15.1 billion

D) 12.9 billion

Answer and Explanation

 

 

Question 3:

Which bank is set to divest its 14.50% stake in Canara HSBC Life Insurance through an IPO?

A) State Bank of India

B) Punjab National Bank

C) Canara Bank

D) HDFC Bank

Answer and Explanation

 

 

Question 4:

What significant action did the RBI take regarding its gold reserves in 2024?

A) Sold gold to international markets

B) Transferred gold from the UK to India

C) Increased gold purchases

D) Reduced gold holdings

Answer and Explanation

 

 

Question 5:

What new regulation has the IRDAI introduced for health insurance?

A) Lower premiums

B) 100% cashless claim settlement

C) Higher coverage limits

D) Faster reimbursement processes

Answer and Explanation

 

 

Question 6:

What is the aim of the BIMReN initiative launched by the Indian government?

A) Enhance financial inclusion

B) Foster sustainable development of the blue economy

C) Improve healthcare facilities

D) Promote renewable energy projects

Answer and Explanation

 

 

Question 7:

By how much has the gratuity limit for central government employees been increased?

A) 20%

B) 25%

C) 15%

D) 30%

Answer and Explanation

 

 

Question 8:

Who recently retired as India’s first woman Permanent Representative to the United Nations?

A) Nirupama Rao

B) Sushma Swaraj

C) Ruchira Kamboj

D) Chokila Iyer

Answer and Explanation

 

 

Question 9:

What was India’s GDP growth rate in FY 2023-24?

A) 7.5%

B) 8.0%

C) 8.2%

D) 7.8%

Answer and Explanation

 

 

Question 10:

Which two organizations partnered to offer home and mobility financing solutions?

A) SBI and Paytm

B) ICICI and Google Pay

C) L&T Finance and PhonePe

D) HDFC and Amazon Pay

Answer and Explanation

 

 

Question 11:

Which IIT startup launched the world’s first rocket with a fully 3D-printed engine?

A) IIT Bombay

B) IIT Delhi

C) IIT Kanpur

D) IIT Madras

Answer and Explanation

 

 

Question 12:

What is the primary focus of the EarthCARE mission launched by ESA?

A) Study ocean currents

B) Examine the Earth’s magnetic field

C) Study clouds and aerosols in Earth’s climate

D) Monitor volcanic activity

Answer and Explanation

 

 

Question 13:

On which date is Telangana Formation Day celebrated?

A) June 1

B) June 3

C) June 2

D) June 4

Answer and Explanation

 

 

Question 14:

What does the new health insurance circular by IRDAI aim to achieve?

A) Lower premiums for policyholders

B) Faster claim reimbursement

C) 100% cashless claim settlement

D) Higher coverage limits

Answer and Explanation

 

 

Question 15:

Which two organizations signed an MoU for collaborative research and training?

A) AIIMS and ISRO

B) ICMR and IIT Delhi

C) Armed Forces Medical Services and IIT Hyderabad

D) DRDO and IIT Kanpur

Answer and Explanation

 

 

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