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9th July 2024 Current Affairs Quiz: Welcome to today’s Current Affairs Quiz, covering significant events and developments from around the globe on 9th July 2024. Stay updated with the latest headlines as we navigate through pivotal political decisions, noteworthy advancements in technology, and key socio-economic updates shaping the world today. Test your knowledge and delve into the nuances of current affairs that impact our understanding of the dynamic global landscape.
9th July 2024 Current Affairs Quiz | Today GK Quiz
1. Which city has been ranked as the most expensive in the Middle East for international employees in 2024?
A) Riyadh
B) Dubai
C) Tel Aviv
D) Jeddah
Answer: B) Dubai
Explanation: According to the Mercer cost-of-living data report for 2024, Dubai has risen to become the most expensive city in the Middle East for international employees, ranking 15th globally.
2. Which Indian city moved up 4 spots to 165th place in Mercer’s cost-of-living rankings for 2024?
A) Mumbai
B) Delhi
C) Chennai
D) Bengaluru
Answer: B) Delhi
Explanation: Delhi moved up 4 spots to 165th place in the Mercer’s cost-of-living rankings for 2024. It is noted among several Indian cities analyzed for their cost-of-living indices in the report.
3. Which organization has mandated the ISI mark for stainless steel and aluminium utensils in India?
A) Ministry of Consumer Affairs
B) Bureau of Indian Standards (BIS)
C) Department for Promotion of Industry and Internal Trade
D) Ministry of Commerce and Industry
Answer: B) Bureau of Indian Standards (BIS)
Explanation: The Bureau of Indian Standards (BIS) has mandated the ISI mark for stainless steel and aluminium utensils to ensure quality and safety.
4. Why did the Government of India implement BIS standards for these utensils?
A) To promote international trade
B) To ensure consumer safety and quality
C) To reduce manufacturing costs
D) To improve aesthetic appeal
Answer: B) To ensure consumer safety and quality
Explanation: The implementation of BIS standards aims to ensure that stainless steel and aluminium utensils meet stringent quality and safety benchmarks, benefiting consumers in terms of safety and reliability.
5. What is the main purpose of SEBI’s new guidelines for credit rating agencies?
A) Increase compliance costs
B) Introduce daily audits
C) Streamline operations
D) Restrict rating actions
Answer: C) Streamline operations
Explanation: SEBI’s new guidelines aim to streamline operations and improve the business environment for credit rating agencies by setting specific timelines for handling appeals and enhancing compliance through internal audits.
6. How long must credit rating agencies retain information on ratings not accepted by issuers, as per SEBI’s guidelines?
A) 6 months
B) 12 months
C) 18 months
D) 24 months
Answer: B) 12 months
Explanation: SEBI mandates that credit rating agencies retain information on ratings not accepted by issuers for 12 months to ensure transparency and accountability in the securities market.
7. What is the primary objective of RBI’s OBICUS survey for the manufacturing sector?
A) Assessing consumer sentiment
B) Informing monetary policy decisions
C) Tracking global economic trends
D) Monitoring stock market performance
Answer: B) Informing monetary policy decisions
Explanation: The OBICUS survey by RBI aims to provide crucial data on new orders, inventory levels, and capacity utilisation in the manufacturing sector, which informs RBI’s monetary policy decisions.
8. Which of the following data does the OBICUS survey NOT collect from manufacturing companies?
A) New orders received
B) Backlog of orders
C) Quarterly profits
D) Inventory levels
Answer: C) Quarterly profits
Explanation: The OBICUS survey collects data on new orders received, backlog of orders, and inventory levels, but it does not gather information specifically on the quarterly profits of manufacturing companies.
9. What is the main benefit of Tata Power’s ‘Ghar Ghar Solar’ initiative in Uttar Pradesh?
A) Providing financial savings to residents
B) Offering advanced solar technology
C) Ensuring carbon neutrality
D) Promoting conventional energy sources
Answer: A) Providing financial savings to residents
Explanation: Tata Power’s ‘Ghar Ghar Solar’ initiative aims to help residents in Uttar Pradesh save money on electricity bills through substantial subsidies and efficient rooftop solar solutions.
10. How can residents apply for Tata Power’s ‘Ghar Ghar Solar’ initiative?
A) Visit Tata Power’s website
B) Apply through UP government’s renewable energy website
C) Contact Tata Power Solar directly
D) apply to Tata Power offices
Answer: B) Apply through UP government’s renewable energy website
Explanation: Residents interested in Tata Power’s ‘Ghar Ghar Solar’ initiative can apply by filling out the RTS application form on the UP government’s renewable energy website, facilitating hassle-free adoption of solar power.
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