27th January 2024 Current Affairs Quiz: Welcome to the 27th January 2024 Current Affairs Quiz, where we delve into the latest events, developments, and noteworthy occurrences shaping our world today. In this quiz, we explore a diverse range of topics spanning politics, economics, technology, environment, and more, providing you with an opportunity to test your knowledge and stay informed about recent happenings. As we navigate through the dynamic landscape of global affairs, this quiz serves as a platform to engage, learn, and reflect on the significant events that have unfolded on this day.
27th January 2024 Current Affairs Quiz | Today GK Quiz
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1. Who is set to become the 2nd Finance Minister to present 6 consecutive Union Budgets?
A) Arun Jaitley
B) Nirmala Sitharaman
C) Piyush Goyal
D) Morarji Desai
Answer: B) Nirmala Sitharaman
Explanation: The article mentions that Finance Minister Nirmala Sitharaman is poised to make history by presenting her sixth consecutive Budget, an unmatched achievement in Indian parliamentary history.
2. What is the significance of the interim Budget 2024-25 presented by Nirmala Sitharaman?
A) It marks the last budget before the general elections.
B) It ushers in sweeping policy changes.
C) It is a vote-on-account to authorize government expenditures until new administration.
D) It introduces groundbreaking announcements for economic resurgence.
Answer: C) It is a vote-on-account to authorize government expenditures until the advent of a new administration following the general elections.
Explanation: The interim Budget 2024-25, commonly referred to as a vote-on-account, is pivotal in authorizing government expenditures until the advent of a new administration following the general elections slated for April-May, as mentioned in the article.
3. What was the focus of the 63rd Central Geological Programming Board (CGPB) meeting convened in Bhopal?
A) Exploration of mineral resources
B) Geological surveying techniques
C) Environmental conservation projects
D) Agricultural development initiatives
Answer: A) Exploration of mineral resources
Explanation: The meeting primarily discussed the proposed Annual Programme for the ensuing Field Season year 2024-25, which included various mineral development projects and exploration initiatives.
4. What technology is utilized by the National Geoscience Data Repository (NGDR) portal mentioned in the article?
A) Virtual Reality (VR)
B) Augmented Reality (AR)
C) Artificial Intelligence (AI) & Machine Learning (ML)
D) Blockchain technology
Answer: C) Artificial Intelligence (AI) & Machine Learning (ML)
Explanation: The NGDR portal, aimed at hosting pre-competitive baseline geological and mineral exploration data, utilizes cutting-edge technologies like AI & ML for enhanced mineral exploration.
5. What is the revised bank credit growth estimate for FY24 according to ICRA?
A) 12.8-13.0%
B) 14.9-15.3%
C) 16.0-16.5%
D) 10.5-11.0%
Answer: B) 14.9-15.3%
Explanation: ICRA has revised its bank credit growth estimate for FY24 upwards to 14.9-15.3%, surpassing the previous projection of 12.8-13.0%.
6. What is the projected incremental credit growth for FY24 as per ICRA’s forecast?
A) Rs 18.2-18.7 trillion
B) Rs 20.4-20.9 trillion
C) Rs 15.0-15.5 trillion
D) Rs 25.0-25.5 trillion
Answer: B) Rs 20.4-20.9 trillion
Explanation: ICRA anticipates the incremental credit to reach Rs 20.4-20.9 trillion in FY24, marking the highest ever in bank credit growth, surpassing the previous high of Rs 18.2 trillion in FY23.
7. When is the International Day of Clean Energy observed?
A) January 25
B) January 26
C) January 27
D) January 28
Answer: B) January 26
Explanation: The International Day of Clean Energy is observed on January 26 each year to promote the significance of renewable energy for a sustainable future and environmental preservation.
8. What are the primary objectives of the International Day of Clean Energy?
A) Promoting deforestation
B) Encouraging fossil fuel consumption
C) Highlighting the importance of renewable energy
D) Advocating for increased greenhouse gas emissions
Answer: C) Highlighting the importance of renewable energy
Explanation: The primary objectives of the International Day of Clean Energy include promoting renewable energy sources, encouraging the adoption of clean energy solutions, advocating for supportive policies, fostering collaboration in renewable energy sectors, and educating the public about the benefits of clean energy for addressing climate change and environmental conservation.
9. What is the annual supply capacity of green ammonia from Odisha to Japan under the agreement between ACME Group and IHI Corporation?
A) 0.2 MMTPA
B) 0.4 MMTPA
C) 0.6 MMTPA
D) 0.8 MMTPA
Answer: B) 0.4 MMTPA
Explanation: The agreement between ACME Group and IHI Corporation involves the supply of 0.4 million metric tons per annum (MMTPA) of green ammonia from Odisha to Japan.
10. What is the planned capacity of the green hydrogen and ammonia project in Gopalpur, Odisha, by 2027?
A) 0.8 MMTPA
B) 1.0 MMTPA
C) 1.2 MMTPA
D) 1.4 MMTPA
Answer: C) 1.2 MMTPA
Explanation: The green hydrogen and ammonia project in Gopalpur, Odisha, aims to have a planned capacity of 1.2 MMTPA by 2027, contributing to a significant reduction in CO2 equivalent emissions over its lifecycle.