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Daily Current Affairs Quiz
14 December, 2024
- Which institution in India developed a neuro-robotic method to treat epilepsy?
A. IIT Delhi
B. AIIMS Delhi
C. NIMHANS
D. JIPMER
E. Apollo Hospitals
Answer: B. AIIMS Delhi
Explanation: AIIMS Delhi developed a neuro-robotic technique to treat epilepsy, enhancing precision and effectiveness in surgeries.
- Which country suspended the MFN clause under the DTAA with India?
A. USA
B. UK
C. Germany
D. Switzerland
E. France
Answer: D. Switzerland
Explanation: Switzerland suspended the Most-Favoured Nation (MFN) clause under the Double Tax Avoidance Agreement (DTAA) with India, impacting bilateral tax policies.
- What does PLI stand for in the context of India’s telecom industry?
A. Production Linked Incentive
B. Public Lending Initiative
C. Profit Liability Insurance
D. Procurement Logistics Index
E. Product Launch Incentive
Answer: A. Production Linked Incentive
Explanation: The Production Linked Incentive (PLI) scheme aims to boost local manufacturing in India’s telecom sector by offering financial incentives based on output.
- India ranks third globally in the number of billionaires as per UBS. How many billionaires are reported?
A. 100
B. 150
C. 185
D. 200
E. 250
Answer: C. 185
Explanation: According to UBS, India has 185 billionaires, making it the third-largest country globally in terms of the number of billionaires.
- Which sector experienced major borrowal frauds in India?
A. E-commerce
B. Public Sector Banks
C. Insurance
D. Microfinance
E. Stock Market
Answer: B. Public Sector Banks
Explanation: Public sector banks in India faced significant financial losses due to large-scale borrowal frauds, affecting their financial stability.
- Which global organization released a report highlighting water safety and drowning prevention?
A. UNESCO
B. WHO
C. IMF
D. FAO
E. UNICEF
Answer: B. WHO
Explanation: The World Health Organization (WHO) released a report emphasizing water safety concerns and the need for preventive measures against drowning worldwide.
- Which renewable fuel is India’s sugar industry planning to produce in large quantities?
A. Bio-Diesel
B. Solar Fuel
C. Ethanol
D. Methane Gas
E. Hydrogen Fuel
Answer: C. Ethanol
Explanation: India’s sugar industry is planning to increase ethanol production to support the country’s energy goals and reduce oil import dependency.
- Which Indian regulatory body proposed tighter rules for retail investors in algorithmic trading?
A. RBI
B. IRDAI
C. SEBI
D. NSE
E. BSE
Answer: C. SEBI
Explanation: The Securities and Exchange Board of India (SEBI) proposed stricter regulations for retail investors in algorithmic trading to curb potential risks.
- Which Indian institution manages foreign exchange reserves?
A. Ministry of Finance
B. SBI
C. NABARD
D. RBI
E. IRDAI
Answer: D. RBI
Explanation: The Reserve Bank of India (RBI) manages India’s foreign exchange reserves, ensuring economic stability and liquidity.
- Which of the following terms refers to increased government spending on infrastructure and logistics in India?
A. Direct Investment
B. Monetary Policy
C. Capital Expenditure (Capex)
D. Tax Relief Scheme
E. Revenue Sharing
Answer: C. Capital Expenditure (Capex)
Explanation: Capital Expenditure (Capex) refers to the government’s spending on infrastructure, logistics, and development projects to stimulate economic growth.
