8th July 2024 Current Affairs Quiz: Welcome to the 8th July 2024 Current Affairs Quiz, where we delve into the latest happenings shaping the world today. This quiz aims to test your knowledge of significant events, new developments, and key updates that have unfolded recently. Stay tuned as we navigate through diverse topics ranging from politics, economy, sports, technology, and more, offering insights into the dynamic landscape of current affairs.
8th July 2024 Current Affairs Quiz | Today GK Quiz
1. Why does the Bank of Baroda plan to raise Rs. 7,500 crore through AT1 and Tier-II bonds?
A) To increase shareholder dividends
B) To meet regulatory requirements and support growth
C) To acquire another bank
D) To reduce operational expenses
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Answer: B) To meet regulatory requirements and support growth
Explanation: Bank of Baroda intends to raise ₹7,500 crore through AT1 and Tier-II bonds to comply with regulatory capital requirements and to support its business growth.
2. What was Bank of Baroda’s net interest income (NII) growth for FY24?
A) 12.5%
B) 8.1%
C) 1.35%
D) 16.31%
Answer: B) 8.1%
Explanation: Bank of Baroda’s net interest income (NII) increased by 8.1% to ₹44,722 crore in FY24 compared to the previous year.
3. Who won the Men’s Asian Billiards Championship 2024 in Riyadh?
A) Pankaj Advani
B) Anupama Ramachandran
C) Dhruv Sitwala
D) Panchaya Channoi
Answer: C) Dhruv Sitwala
Explanation: Dhruv Sitwala claimed his third Asian Billiards Title by defeating Pankaj Advani in Riyadh, Saudi Arabia.
4. Which country’s men’s Snooker team emerged victorious in the Asian Team Snooker championship?
A) India
B) Thailand
C) Pakistan
D) Saudi Arabia
Answer: B) Thailand
Explanation: Thailand’s men’s Snooker team triumphed in the Asian Team Snooker championship, defeating Pakistan in straight frames.
5. What is the main purpose of the new agreement signed between the Philippines and Japan?
A) To promote tourism
B) To strengthen security ties
C) To enhance cultural exchanges
D) To boost economic cooperation
Answer: B) To strengthen security ties
Explanation: The Philippines and Japan signed a new agreement to enhance their security relationship, allowing easier entry for the military forces of both nations.
6. Which country has Japan also signed a similar agreement with, as mentioned in the article?
A) China
B) Australia
C) United States
D) France
Answer: B) Australia
Explanation: Japan has signed a similar Reciprocal Access Agreement (RAA) with Australia, alongside the agreement with the Philippines, according to the article.
7. By how much has Union Minister Piyush Goyal reduced licensing fees for women entrepreneurs under PESO?
A) 50%
B) 80%
C) 30%
D) 20%
Answer: B) 80%
Explanation: Union Minister Piyush Goyal has announced an 80% reduction in licensing fees for women entrepreneurs under the Petroleum and Explosives Safety Organisation (PESO).
8. What is the main objective of Minister Goyal’s announcement regarding licensing fees?
A) To increase government revenue
B) To support digitalization initiatives
C) To encourage women entrepreneurs and MSMEs in specific sectors
D) To reduce environmental impact
Answer: C) To encourage women entrepreneurs and MSMEs in specific sectors
Explanation: Minister Goyal’s announcement aims to encourage greater participation from women entrepreneurs and MSMEs in the petroleum and explosives sectors through reduced licensing fees.
9. Who has recently assumed the presidency of the Financial Action Task Force (FATF) for the term 2024-2026?
A) June 2024
B) Sumit Arora
C) Elisa de Anda Madrazo
D) Mexico
Answer: C) Elisa de Anda Madrazo
Explanation: Elisa de Anda Madrazo of Mexico has assumed the presidency of the FATF for a two-year term from July 2024 to June 2026, according to the article.
10. What is one of the key focuses of Elisa de Anda Madrazo’s presidency of the FATF?
A) Promoting global tourism
B) Combating financial crimes and terrorism financing
C) Enhancing international trade agreements
D) Addressing climate change issues
Answer: B) Combating financial crimes and terrorism financing
Explanation: One of the key focuses of Elisa de Anda Madrazo’s presidency of the FATF is to strengthen efforts in combating financial crimes and terrorism financing.
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