| Join Telegram |  |
| Join Whatsapp Groups |  |
15th June 2024 Current Affairs Quiz: Welcome to the 15th June 2024 Current Affairs Quiz, where we delve into the latest and most pertinent events shaping our world today. This quiz aims to test your knowledge and understanding of key developments across various domains, including politics, economics, science, technology, and international relations. Stay tuned to gauge your awareness of significant news headlines and events that have unfolded recently, providing valuable insights into global affairs.
15th June 2024 Current Affairs Quiz | Today GK Quiz
1. Which annual festival did Kashmiri Pandits recently attend at the Kheer Bhawani temple in Ganderbal district?
A) Diwali
B) Holi
C) Zyestha Ashtami
D) Navratri
Answer: C) Zyestha Ashtami
Explanation: Kashmiri Pandits gathered at the Kheer Bhawani temple in Ganderbal district to celebrate the annual festival of Zyestha Ashtami on June 14, a significant event for their community.
2. What prompted the mass migration of Kashmiri Pandits in the 1990s according to the community’s belief?
A) Political unrest
B) Blackening of the temple pond water
C) Economic reasons
D) Natural disaster
Answer: B) Blackening of the temple pond water
Explanation: The water in the Kheer Bhawani temple’s pond turned black in the 1990s, symbolizing a turbulent period that led to the mass migration of Kashmiri Pandits due to escalating militancy.
3. What is India’s current ranking in the global equity market by market capitalization?
A) First
B) Second
C) Third
D) Fourth
Answer: D) Fourth
Explanation: India has reclaimed the fourth spot in the global equity market rankings, surpassing Hong Kong with a market capitalization of $5.2 trillion.
4. What challenges has Hong Kong recently faced in its equity market?
A) Strong corporate earnings
B) Regulatory crackdowns
C) Favorable policy reforms
D) Burgeoning retail investor base
Answer: B) Regulatory crackdowns
Explanation: Hong Kong has encountered challenges such as stringent COVID-19 measures, regulatory crackdowns, and geopolitical tensions, impacting its market sentiment despite its historical significance in global finance.
5. Which country is the largest emitter of nitrous oxide (N2O) globally?
A) United States
B) China
C) India
D) Russia
Answer: B) China
Explanation: According to the global assessment of N2O emissions, China is the largest emitter of nitrous oxide (N2O), contributing approximately 16% of global man-made emissions in 2020.
6. What is the primary source of nitrous oxide emissions in India?
A) Industrial manufacturing
B) Transportation
C) Fertilizer usage
D) Deforestation
Answer: C) Fertilizer usage
Explanation: The major source of nitrous oxide emissions in India, contributing to its status as the world’s second-largest emitter of N2O, is attributed to the usage of nitrogen fertilizers in agriculture, as highlighted in the assessment published in Earth System Science Data.
7. What is the current maximum interchange fee per transaction at ATMs in India?
A) Rs. 17
B) Rs. 19
C) Rs. 21
D) Rs. 23
Answer: C) Rs. 21
Explanation: Currently, the maximum interchange fee per transaction at ATMs in India is Rs. 21, as reported by the Economic Times.
8. When was the last fee hike for ATM interchange fees in India before the current proposal?
A) 2019
B) 2020
C) 2021
D) 2022
Answer: C) 2021
Explanation: The last fee hike for ATM interchange fees in India occurred in 2021, increasing the maximum fee from Rs 15 to Rs 17 per transaction.
9. What is the maximum arbitration value cap set by the Finance Ministry for disputes involving government entities or PSEs?
A) Rs. 5 crore
B) Rs. 10 crore
C) Rs. 15 crore
D) Rs. 20 crore
Answer: B) Rs. 10 crore
Explanation: The Finance Ministry has set a cap of ₹10 crore for arbitration cases involving government entities or public sector enterprises (PSEs) to streamline dispute resolution processes.
10. What alternative to arbitration does the Finance Ministry emphasize in its recent directive regarding government contracts?
A) Adjudication
B) Litigation
C) Negotiation
D) Legislation
Answer: A) Adjudication
Explanation: The Finance Ministry advises against automatically including arbitration clauses in large government contracts and emphasizes mediation and judicial adjudication as viable alternatives in its recent directive.
★★ You Can Also Check ★★