4th July 2024 Current Affairs Quiz: Welcome to the 4th July 2024 Current Affairs Quiz, where we delve into the latest events shaping the world today. From significant political developments to cultural milestones and scientific breakthroughs, this quiz aims to test your knowledge of the most pressing issues and memorable moments of the day. Stay informed and engaged as we explore the currents of change sweeping across the globe.
4th July 2024 Current Affairs Quiz | Today GK Quiz
1. What is the main purpose of RBI’s Financial Stability Report (FSR)?
A) Reviewing monetary policies
B) Assessing risks to the financial system
C) Predicting stock market trends
D) Analyzing global economic growth
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Answer: B) Assessing risks to the financial system
Explanation: The Financial Stability Report (FSR) evaluates current and emerging risks that could affect the stability of the Indian financial system.
2. As of March 2024, what is the Gross NPA ratio of Scheduled Commercial Banks (SCBs) according to the July 2024 FSR?
A) 3.5%
B) 2.8%
C) 1.5%
D) 4.2%
Answer: B) 2.8%
Explanation: The report states that the Gross NPA ratio of SCBs has declined to 2.8%, indicating improved asset quality and financial health within the banking sector.
3. What is the main focus of the Colombo Process chaired by India?
A) Promoting regional security
B) Enhancing overseas employment opportunities
C) Improving healthcare access
D) Expanding educational partnerships
Answer: B) Enhancing overseas employment opportunities
Explanation: India chairs the Colombo Process to improve governance and create more opportunities for overseas employment among its 12 Asian member states.
4. Where did India host its first meeting as Chair of the Colombo Process?
A) New Delhi
B) Geneva
C) Colombo
D) Abu Dhabi
Answer: B) Geneva
Explanation: India chaired its first meeting at the Permanent Representative Level of the Colombo Process in Geneva, emphasizing its leadership in regional migration cooperation.
5. Who is the new Managing Director and CEO of SBI General Insurance?
A) Kishore Kumar Poludasu
B) Naveen Chandra Jha
C) Piyush Goyal
D) Arundhati Bhattacharya
Answer: B) Naveen Chandra Jha
Explanation: Naveen Chandra Jha has been appointed as the new Managing Director and Chief Executive Officer of SBI General Insurance.
6. Where did Naveen Chandra Jha previously serve before he is appointed MD & CEO of SBI General Insurance?
A) Mumbai
B) New Delhi
C) Amaravati Circle, Andhra Pradesh
D) Chennai
Answer: C) Amaravati Circle, Andhra Pradesh
Explanation: Before taking over as MD & CEO of SBI General Insurance, Naveen Chandra Jha held critical roles, including Deputy Managing Director and Chief General Manager of Amaravati Circle, Andhra Pradesh, at State Bank of India.
7. What is the monthly subscription cost of Paytm’s ‘Health Saathi plan for its merchant partners?
A) Rs. 20
B) Rs. 50
C) Rs. 35
D) Rs. 100
Answer: C) Rs. 35
Explanation: Paytm’s ‘Health Saathi’ plan for merchant partners starts at an affordable Rs. 35 per month, offering healthcare and income protection benefits.
8. What is a key feature of Paytm’s ‘Health Saathi’ plan besides healthcare benefits?
A) Free merchandise for merchants
B) Discounts on travel bookings
C) Income protection against business interruptions
D) Cashback on mobile recharges
Answer: C) Income protection against business interruptions
Explanation: Paytm’s ‘Health Saathi’ plan includes income protection coverage for business interruptions caused by accidents or natural calamities, in addition to healthcare benefits like doctor teleconsultations and discounts on pharmacy purchases.
9. Who is the new Prime Minister of the Netherlands, succeeding Mark Rutte?
A) Geert Wilders
B) Dick Schoof
C) Mark Rutte
D) None of the above
Answer: B) Dick Schoof
Explanation: Dick Schoof, the former spy chief and head of the Dutch Secret Service, has been sworn in as the new Prime Minister of the Netherlands, succeeding Mark Rutte.
10. What is a key focus of the new Dutch coalition government led by Dick Schoof?
A) Expanding social welfare programs
B) Implementing strict immigration policies
C) Promoting green energy initiatives
D) Strengthening diplomatic ties with neighboring countries
Answer: B) Implementing strict immigration policies
Explanation: The new Dutch coalition government under Dick Schoof, focused on strict immigration policies, aims to implement the “strictest-ever” asylum and migration policies as outlined in their coalition agreement “Hope, Courage, and Pride.”
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