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2nd July 2024 Current Affairs Quiz: Welcome to the 2nd July 2024 Current Affairs Quiz, where we delve into the latest and most significant events shaping today’s world. This quiz is designed to test your knowledge and awareness of key developments across various domains, including politics, economy, sports, technology, and more. Stay tuned as we explore the headlines that have captured global attention, offering insights into the dynamic landscape of current affairs.
2nd July 2024 Current Affairs Quiz | Today GK Quiz
1. What is the maximum loan amount MSMEs can secure through SBI’s MSME Sahaj initiative?
A) Rs. 50,000
B) Rs. 1 lakh
C) Rs. 2 lakhs
D) Rs. 5 lakhs
Answer: B) Rs. 1 lakh
Explanation: MSMEs can obtain loans up to Rs. 1 lakh through SBI’s MSME Sahaj initiative, processed within 15 minutes against their GST-registered sales invoices.
2. Through which digital platform is SBI offering its MSME Sahaj initiative?
A) Yono
B) SBI Anywhere
C) SBI Net Banking
D) SBI Quick
Answer: A) Yono
Explanation: SBI’s MSME Sahaj initiative is available on its digital platform Yono, providing MSMEs with quick access to loans based on automated credit assessments and data-driven processes.
3. Which sector showed accelerated growth in India’s core industries in May 2024?
A) Cement
B) Fertilizers
C) Coal
D) Crude Oil
Answer: C) Coal
Explanation: Coal exhibited accelerated growth of 10.2% in May 2024 due to increased power demand during a heat wave, contributing positively to India’s core sector growth.
4. Why did the fertilizer sector contract by 1.7% in May 2024?
A) Reduced CAPEX
B) Increased demand
C) Ample stocks
D) Higher diesel demand
Answer: C) Ample stocks
Explanation: The fertilizer sector contracted by 1.7% in May 2024 due to ample stocks available for the kharif season, leading to reduced production and output within this sector.
5. Where was the 9th Annual World Congress – Longevity Revolution 2024 held?
A) Mumbai
B) New Delhi
C) Bangalore
D) Chennai
Answer: B) New Delhi
Explanation: The 9th Annual World Congress – Longevity Revolution 2024 was hosted in New Delhi by the International Association of Stem Cell & Regenerative Medicine (IASRM) and the Anti-Ageing Foundation (India).
6. Which organization hosted the Longevity Revolution 2024 congress?
A) United Nations
B) World Health Organization (WHO)
C) International Association of Stem Cell & Regenerative Medicine (IASRM)
D) Indian Medical Association (IMA)
Answer: C) International Association of Stem Cell & Regenerative Medicine (IASRM)
Explanation: The Longevity Revolution 2024 congress was hosted by the International Association of Stem Cell & Regenerative Medicine (IASRM), focusing on advancements in regenerative medicine and anti-aging therapies.
7. What was India’s GST collection in June 2024?
A) Rs 1.24 trillion
B) Rs 1.57 trillion
C) Rs 1.74 trillion
D) Rs 2.05 trillion
Answer: C) Rs 1.74 trillion
Explanation: In June 2024, India’s GST collection reached Rs 1.74 trillion, reflecting a 7.7% year-on-year growth.
8. Which anniversary of GST was celebrated recently with the theme “Sashakt Vyapar Samagra Vikas”?
A) 5th
B) 7th
C) 10th
D) 15th
Answer: B) 7th
Explanation: The seventh anniversary of the GST rollout was celebrated with the theme “Sashakt Vyapar Samagra Vikas”, emphasizing trade empowerment and overall growth in India’s tax structure.
9. Which advanced technology is being introduced in Japan’s new banknotes to enhance security?
A) RFID Chips
B) Biometric Sensors
C) Holography
D) QR Codes
Answer: C) Holography
Explanation: Japan is introducing holographic technology in its new banknotes to create a 3D rotating effect on historical figures’ portraits, serving as a key anti-counterfeit measure.
10. Who is featured on the ¥10,000 note of Japan’s new banknote series?
A) Umeko Tsuda
B) Shibasaburo Kitasato
C) Eiichi Shibusawa
D) Katsushika Hokusai
Answer: C) Eiichi Shibusawa
Explanation: Eiichi Shibusawa, known as the “father of Japanese capitalism,” is featured on the ¥10,000 note of Japan’s new banknote series. He played a significant role in Japan’s economic modernization during the Meiji Era.
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