General Knowledge: Current Affairs Questions Answer GK Quiz

Current Affairs Question Answer 2024, Current Affairs Quiz Questions 2024

Q. India's share in world merchan­dise exports in 2022 was -
1) 1.7%
2) 1.8%
3) 1.9%
4) 2.0%

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Q. CPSEs fulfilling certain criteria may be considered for Maharatna status -
I. It holds Navratna status.
II. It is listed on the Indian stock exchange.
III. It has a minimum prescribed public shareholding under SEBI regulations.
IV. Its average annual net profit exceeds 2,500 crore during the last three years
V. It has a significant global presence and international operations.
How many criteria given above are correct?

1) Only 2
2) Only 3
3) Only 4
4) All the 5

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Q. As on August 5, 2023, the total Navratna companies in the country are -
1) 14
2) 13
3) 12
4) 11

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Q. As on August 5, 2023, total Maharatna companies in India are -
1) 11
2) 12
3) 13
4) 14

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Q. Consider the following state­ments about the impact of inflation in the economy -
I. Inflation is advantageous for borrowers and disadvanta­geous for lenders.
II. Inflation reduces the pur­chasing power of the people.
III. Inflation worsens the exchange rate.
IV. Inflation increases the demand.
How many statements given above is/are correct?

1) Only 1
2) Only 2
3) Only 3
4) All the 4

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Q. Consider the following facts about 'Headline Inflation' -
I. Headline inflation refers to the change in the value of all goods in the basket.
II. Core inflation excludes food and fuel items from headline inflation.
III. Core inflation is less volatile than headline inflation.
IV. Headline inflation is more relevant for developing economies than for developed economies.
How many statements given above is/are correct?

1) Only 1
2) Only 2
3) Only 3
4) All the 4

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Q. According to Finance Minister Nirmala Sitharaman, India can achieve the status of a developed nation in the next 25 years by focusing on 4. Which of the following is/are among these -
I. Infrastructure
II. Investment
III. Innovation
IV. Inclusiveness
V. Identification of priorities
VI. Industry 5.0
Which of the above is/are correct?

1) I, II, III, and IV
2) II, III, IV, and V
3) III, IV, V, and VI
4) I, III, V, and VI

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Q. Consider the following facts about the PM Jan Dhan Yojana (PMJDY) -
I. PMJDY was launched on August 15, 2014.
II. Public Sector Banks are the fulcrum of the PMJDY.
III. PMJDY is an umbrella scheme that facilitates the implementation of other schemes such as the MUDRA yojana, crop, life, and general insurance schemes.
IV. RuPay Debit/ATM card holders of PMJDY bene­ficiaries come with an inbuilt accident insurance cover of ₹ 2 lakh.
How many statements given above is/are correct?

1) Only 1
2) Only 2
3) Only 3
4) All the 4

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Q. Which of the following state­ments is not correct about the public expenditure?
1) Interest Payment is a capital expenditure
2) Payments to farmers under PM Kisan Samman Nidhi are transfer payment
3) Difference between Gross Fiscal Deficit and Interest pay­ment is the Primary deficit
4) Receipts through the General Provident Fund contributions of the government employees are capital receipts

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Q. 1. Consider the following state­ments in relation to International Rice market -
I. Prices of rice were at peak level in the international market in mid-July 2023.
II. India is the leading exporter of rice.
Which of the statements is/are correct?

1) Only I
2) Only II
3) Both I and II
4) Neither I nor II

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