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1st February 2024 Current Affairs Quiz

1st February 2024 Current Affairs Daily Quiz

1st February 2024 Current Affairs Quiz: Welcome to the 1st February 2024 Current Affairs Quiz, where we delve into the latest events and developments shaping our world today. As we embark on this quiz, we invite you to test your knowledge and stay informed about significant occurrences from around the globe. From political shifts to technological advancements, economic updates, and cultural milestones, this quiz offers an opportunity to gauge your understanding of the ever-evolving landscape of current affairs. Join us as we explore the headlines and delve into the key topics that have captured the attention of the world on this day.

1st February 2024 Current Affairs Quiz | Today GK Quiz

1. What is the estimated fiscal deficit for the financial year 2024-25 according to the Interim Union Budget 2024-25?

A) 5.8% of GDP
B) 5.1% of GDP
C) 6.2% of GDP
D) 4.9% of GDP

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Answer: B) 5.1% of GDP

Explanation: The estimated fiscal deficit for the financial year 2024-25 according to the Interim Union Budget 2024-25 is 5.1% of GDP.

2. How many new routes are carrying passengers, as mentioned in the Interim Union Budget 2024-25?

A) 350
B) 517
C) 600
D) 450

Answer: B) 517

Explanation: As per the Interim Union Budget 2024-25, 517 new routes are carrying passengers.

3. What is the total expenditure outlined in the Union Budget for the fiscal year 2024-25?

A) 47.65 Crore
B) 47.65 Lakh Crore
C) 11.11 Lakh Crore
D) 11.11 Crore

Answer: B) 47.65 Lakh Crore

Explanation: The total expenditure in the Union Budget for the fiscal year 2024-25 is outlined to be 47.65 Lakh Crore.

4. Which sector receives a significant allocation of ₹1,24,638 crore in the Union Budget 2024-25?

A) Defence
B) Agriculture
C) Education
D) Health

Answer: C) Education

Explanation: The education sector receives a significant allocation of ₹1,24,638 crore in the Union Budget 2024-25, reflecting the government’s emphasis on investing in education for national progress.

5. What is the theme of the Interim Budget 2024-2025 as per Nirmala Sitharaman’s speech?

A) ‘Sabka Saath, Sabka Vikas, and Sabka Vishwas’
B) ‘Prosperous Bharat in harmony with nature’
C) ‘Reform, Perform, and Transform’
D) ‘Amrit Kaal as Kartavya Kaal’

Answer: A) ‘Sabka Saath, Sabka Vikas, and Sabka Vishwas’

Explanation: In the speech, Nirmala Sitharaman highlighted the theme of the Interim Budget 2024-2025 as ‘Sabka Saath, Sabka Vikas, and Sabka Vishwas’, emphasizing comprehensive development and inclusivity.

6. What is the estimated fiscal deficit as a percentage of GDP for the financial year 2024-25 in the Interim Budget speech?

A) 8%
B) 4.5%
C) 1%
D) 3.4%

Answer: C) 1%

Explanation: The estimated fiscal deficit as a percentage of GDP for the financial year 2024-25 in the Interim Budget speech is 1%, reflecting the government’s commitment to fiscal consolidation and prudent financial management.

7. What is the purpose of the budget discussed in the article?

A) To present a full-fledged financial plan for the upcoming fiscal year
B) To seek Parliament’s approval for essential government expenditure for the first four months of the new financial year
C) To propose changes in the income tax structure for the fiscal year 2024-25
D) To introduce new tax benefits and subsidies for startups and investments

Answer: B) To seek Parliament’s approval for essential government expenditure for the first four months of the new financial year

Explanation: The budget discussed in the article is an interim budget, which serves as a short-term financial plan seeking Parliament’s nod for a grant in advance to meet the government’s essential expenditure for the first four months of the new financial year.

8. What is the main focus of the government, as highlighted by Finance Minister Nirmala Sitharaman in the budget speech?

A) Strengthening of the finance sector
B) Making triple talaq illegal and empowering women
C) Providing free electricity to one crore households through rooftop solarisation
D) Promoting exports and enhancing infrastructure development

Answer: D) Promoting exports and enhancing infrastructure development

Explanation: While various aspects of the budget were discussed, including tax structures and income slabs, one of the key focuses highlighted by Finance Minister Nirmala Sitharaman was on promoting exports and enhancing infrastructure development, as mentioned in the article.

9. Which prestigious UK prize will honor Indian scientists Rahul R Nair, Mehul Malik, and Tanmay Bharat?

A) Nobel Prize
B) Blavatnik Awards
C) Turing Awards
D) Fields Medal

Answer: B) Blavatnik Awards

Explanation: The passage highlights that the three Indian scientists will be honored with the prestigious Blavatnik Awards in London.

10. What is the focus of Dr. Tanmay Bharat’s research as mentioned in the passage?

A) Quantum communications
B) Energy-efficient technologies
C) Cryo-electron tomography
D) Structural microbiology

Answer: C) Cryo-electron tomography

Explanation: Dr. Tanmay Bharat’s research focuses on utilizing cryo-electron tomography to uncover atomic-level details of cell surface molecules, as mentioned in the passage.

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