Daily Current Affairs Quiz August 04, 2024
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Here are some current affairs highlights as of August 4, 2024, that are relevant for SSC, CGL, BPSC, Railway, UPSC, and banking exams:-
National Affairs
1. National Logistics Policy (NLP) Implementation:- The Indian government is aggressively implementing the National Logistics Policy to reduce logistics costs and improve efficiency in supply chain management across the country. This policy aims to integrate various modes of transport, thereby facilitating smoother movement of goods.
2. Digital Public Infrastructure Expansion:- India's push towards expanding its digital public infrastructure continues, with new initiatives to enhance digital connectivity in rural and remote areas. This includes increasing internet penetration and improving digital literacy to support economic growth.
International Affairs
3. BRICS Summit 2024:- The upcoming BRICS Summit is being hosted by Russia, with discussions expected to focus on enhancing economic cooperation and addressing global challenges such as climate change and sustainable development.
4. Global Climate Initiatives:- India continues to play a significant role in global climate discussions, particularly in the context of the G20 and COP29, advocating for sustainable development and green energy transitions.
Economic Affairs
5. GST Revenue Collection:- India's GST revenue collection for July 2024 has shown a significant increase, reflecting robust economic activity. The growth in GST collections indicates a positive trend in the Indian economy.
6. RBI Monetary Policy:- The Reserve Bank of India is expected to announce its monetary policy review soon. Analysts anticipate potential changes in interest rates to manage inflation and support economic growth.
Science and Technology
7. ISRO's Lunar Mission:- The Indian Space Research Organisation (ISRO) has successfully launched a new lunar mission, aiming to further explore the Moon's surface and gather valuable scientific data.
8. Advancements in AI Research:- India is investing in AI research and development, focusing on applications in healthcare, agriculture, and education to drive innovation and improve efficiency in these sectors.
Environment
9. Monsoon and Agriculture:- The monsoon season has been favorable in many parts of India, boosting agricultural prospects and ensuring good crop yields, which are crucial for the rural economy.
10. Wildlife Conservation Efforts:- India has launched new initiatives to enhance wildlife conservation, focusing on protecting endangered species and preserving biodiversity.
Banking and Finance
11. Financial Inclusion Initiatives:- The government and RBI are pushing new initiatives to increase financial inclusion, particularly in rural areas, by promoting digital banking and financial literacy programs.
12. Banking Sector Reforms:- The Indian banking sector is undergoing reforms aimed at improving governance and increasing transparency, with a focus on strengthening the financial health of public sector banks.
Important GK Questions with Answers
National Affairs
1. *Which policy is being aggressively implemented by the Indian government to improve supply chain efficiency?*
a) National Education Policy
b) National Health Policy
c) National Logistics Policy
d) National Digital Policy
Answer:- c) National Logistics Policy
2. *What is the primary goal of India's expansion of digital public infrastructure?*
a) Increase foreign investments
b) Enhance digital connectivity in rural areas
c) Promote international trade
d) Develop space technology
Answer:- b) Enhance digital connectivity in rural areas
International Affairs
3.*Which country is hosting the BRICS Summit 2024?*
a) Brazil
b) India
c) South Africa
d) Russia
Answer:- d) Russia
4. *What is a key focus of India's participation in global climate discussions?*
a) Reducing fossil fuel dependency
b) Promoting nuclear energy
c) Sustainable development and green energy
d) Expanding coal mining
Answer:- c) Sustainable development and green energy
Economic Affairs
5. *What trend is indicated by the increase in India's GST revenue collection for July 2024?*
a) Decrease in manufacturing
b) Decline in consumer spending
c) Robust economic activity
d) Reduction in exports
Answer:- c) Robust economic activity
6. *What is anticipated in the upcoming RBI monetary policy review?*
a) Increase in interest rates
b) Introduction of a new currency
c) Changes to manage inflation
d) Devaluation of the rupee
Answer:- c) Changes to manage inflation
Science and Technology
7. *What is the objective of ISRO's new lunar mission?*
a) Establish a human colony on the Moon
b) Launch a satellite for global communication
c) Explore the Moon's surface and gather scientific data
d) Test nuclear technology in space
Answer:- c) Explore the Moon's surface and gather scientific data
8. *In which sectors is India focusing its AI research and development?*
a) Automotive and mining
b) Healthcare, agriculture, and education
c) Defense and military
d) Space and aviation
Answer:- b) Healthcare, agriculture, and education
Environment
9. *How has the monsoon season affected India's agriculture in 2024?*
a) Decreased crop yields
b) Boosted agricultural prospects
c) Caused widespread droughts
d) Led to an increase in import of grains
Answer:- b) Boosted agricultural prospects
10. *What is the focus of India's new wildlife conservation initiatives?*
a) Expanding urban areas
b) Increasing mining activities
c) Protecting endangered species
d) Developing industrial zones
Answer:- c) Protecting endangered species
Banking and Finance
11. *What is the aim of the new financial inclusion initiatives by the government and RBI?*
a) Promote cryptocurrency trading
b) Increase foreign reserves
c) Increase financial inclusion in rural areas
d) Encourage stock market investments
Answer:- c) Increase financial inclusion in rural areas
12. *What is the focus of the recent reforms in the Indian banking sector?*
a) Encouraging mergers with foreign banks
b) Improving governance and transparency
c) Introducing more private banks
d) Reducing the number of public sector banks
Answer:- b) Improving governance and transparency
Miscellaneous
13. *What initiative has been launched to improve India's biodiversity?*
a) Industrial development zones
b) Urbanization projects
c) Wildlife conservation efforts
d) High-speed rail corridors
Answer:- c) Wildlife conservation efforts
14. *Which country is India collaborating with for new digital initiatives?*
a) China
b) United States
c) Japan
d) United Kingdom
Answer:- b) United States
15. *What technological area is India investing in to enhance agricultural productivity?*
a) Blockchain technology
b) Drone technology
c) Artificial intelligence
d) Quantum computing
Answer:- c) Artificial intelligence
16. *What is the expected outcome of the National Logistics Policy?*
a) Increase in import duties
b) Reduction in logistics costs
c) Higher unemployment rates
d) Decrease in infrastructure development
Answer:- b) Reduction in logistics costs
17. *Which sector is expected to benefit from the expansion of digital public infrastructure?*
a) Aviation
b) Construction
c) Education
d) Mining
Answer:- c) Education
18. *Which environmental challenge is being addressed at the BRICS Summit 2024?*
a) Air pollution
b) Water scarcity
c) Climate change
d) Deforestation
Answer:- c) Climate change
19. *What is the focus of India's recent AI research initiatives?*
a) Space exploration
b) Environmental monitoring
c) Industrial automation
d) Cybersecurity
Answer:- b) Environmental monitoring
20. *Which of the following is a key feature of the financial reforms in the Indian banking sector?*
a) Introduction of new cryptocurrencies
b) Reduction in public sector bank branches
c) Strengthening financial health of banks
d) Expansion of foreign banks
Answer:- c) Strengthening financial health of banks
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