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2nd September 2023 Current Affairs Quiz – Get ready to test your knowledge with the Daily Current Affairs Quiz 2nd September 2023. Stay informed about the latest happenings and events that are making headlines around the world. This Current Affairs Quiz for 2nd September 2023 will challenge your awareness on a wide range of topics, from global politics to science and technology. So, put your thinking cap on and dive into the world of current affairs to see how well you’re keeping up with the ever-changing news landscape. Good luck!
2nd September 2023 Current Affairs | Today GK Quiz
1. What is the reason for Moody’s revising its GDP growth projection for India in 2023?
A. Robust performance in the first quarter
B. Strong tax collection
C. Below-average rainfall during the monsoon season
D. Rising food price inflation
Answer: A
Explanation: Moody’s revised its GDP growth projection for India in 2023 due to the notable performance in the second quarter, driven by robust expansion in services and capital expenditures, resulting in a 7.8 percent real GDP growth compared to the previous year.
2. Why did Moody’s lower India’s GDP growth projection for 2024?
A. Decreased core inflation
B. Buoyant domestic demand
C. The high base established in 2023’s second quarter
D. Government’s view on economic growth
Answer: C
Explanation: Moody’s lowered India’s GDP growth projection for 2024 due to the high base established in 2023’s second quarter outperformance, which necessitated this adjustment.
3. What contributed to the notable surge in India’s GST collection in August 2023?
A. Reduced compliance measures
B. A decrease in anti-evasion efforts
C. Subdued growth in integrated GST (IGST)
D. Fluctuations in domestic transactions
Answer: C
Explanation: The notable surge in India’s GST collection in August 2023 was primarily attributed to subdued growth in integrated GST (IGST) and the cess on imports, which increased by only 3% in August.
4. Which major state reported the highest percentage increase in GST collection in August 2023?
A. Gujarat
B. Maharashtra
C. Karnataka
D. Tamil Nadu
Answer: B
Explanation: Maharashtra recorded a remarkable 23% increase in GST collection in August 2023, making it the major state with the highest percentage increase.
5. What is the primary goal of the Indian Cellular & Electronics Association (ICEA) in establishing a dedicated task force for Indo-US electronics trade?
A. To maintain the current $8 billion trade volume
B. To strengthen trade relations between India and China
C. To elevate the electronics trade to $100 billion within the next decade
D. To reduce technology sharing between India and the US
Answer: C
Explanation: The primary goal of ICEA’s task force is to elevate the current Indo-US electronics trade, currently at $8 billion, to an ambitious $100 billion within the next decade.
6. What is the role of the Critical and Emerging Technology (iCET) in ICEA’s initiative?
A. It focuses on reducing economic benefits.
B. It facilitates cooperation in futuristic domains.
C. It represents the entire electronics ecosystem in India.
D. It emphasizes policy adjustments for existing technologies.
Answer: B
Explanation: The Critical and Emerging Technology (iCET) is a pivotal component of ICEA’s initiative, facilitating cooperation in futuristic domains, including artificial intelligence, quantum computing, space exploration, semiconductors, and defense technology.
7. What is the primary objective of ISRO’s Aditya-L1 mission?
A. To make direct contact with the Sun’s surface
B. To explore the outer atmosphere of the Sun
C. To study the Earth’s atmosphere
D. To investigate celestial bodies in deep space
Answer: B
Explanation: The primary objective of the Aditya-L1 mission is to investigate the outer atmosphere of the Sun, not to make direct contact with its surface.
8. Where is Aditya-L1 positioned for its research objectives?
A. In Earth’s atmosphere
B. In Lagrange Point 1 (L1) within the Sun-Earth system
C. In deep space
D. In the Sun’s core
Answer: B
Explanation: Aditya-L1 is positioned at Lagrange Point 1 (L1) within the Sun-Earth system to carry out its research objectives.
9. In which city did the All-India House Price Index record the highest annual growth rate?
A. Bengaluru
B. Delhi
C. Mumbai
D. Kolkata
Answer: B
Explanation: Among the cities mentioned, Delhi had the highest annual HPI growth rate of 14.9%.
10. Which major city experienced a contraction in house prices during the period mentioned in the RBI’s report?
A. Ahmedabad
B. Chennai
C. Kolkata
D. Lucknow
Answer: C
Explanation: Kolkata experienced a decline in house prices, with a contraction of 6.6%, according to the RBI’s report.
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