Current Affairs Questions and Answers 14th July 2024

14th July Current Affairs 2024 Quiz

Q1. Which of the following countries is not a member of the BRICS group?

(a) Russia

(b) India

(c) China

(d) South Korea

(e) Brazil

Q2. Which Indian bank has the highest number of branches as of the latest data?

(a) State Bank of India

(b) HDFC Bank

(c) ICICI Bank

(d) Punjab National Bank

(e) Axis Bank

Q3. Which state recorded the highest inflation rate among major states/UTs in June 2024?

(a) Karnataka

(b) Odisha

(c) Bihar

(d) Delhi

(e) Uttarakhand

Q4. What was India’s overall SDG Index score for the year 2023-24?

(a) 71

(b) 66

(c) 57

(d) 79

(e) 82

Q5. Under the IT Saksham Yuva Scheme, what is the monthly remuneration provided to participants during the first six months?

(a) ₹15,000

(b) ₹25,000

(c) ₹20,000

(d) ₹30,000

(e) ₹10,000

Q6. Who is the fund manager of AgriSURE, as announced during its launch?

(a) Ministry of Agriculture

(b) NABVENTURES

(c) NABARD

(d) Small Farmers Development Agency

(e) Indian Council of Agricultural Research

Q7. Which goal showed the highest increase in score from the previous SDG India Index (2020-21) to 2023-24?

(a) Goal 1: No Poverty

(b) Goal 3: Good Health and Well-being

(c) Goal 7: Affordable and Clean Energy

(d) Goal 11: Sustainable Cities and Communities

(e) Goal 13: Climate Action

Q8 . What was the core inflation rate in India in June 2024?

(a) 3.12%

(b) 3.16%

(c) 3.14%

(d) 3.57%

(e) 3.66%

Q9. What is the currency of the Netherlands?

(a) Euro

(b) Krona

(c) Pound

(d) Franc

(e) Guilder

Q10. As per the latest data, what is the approximate percentage of Gross Non-Performing Assets (GNPA) in the Indian banking sector?

(a) 7.5%

(b) 9.8%

(c) 10.4%

(d) 12.1%

(e) 14.3%

Solutions

S1. Ans. (d)

Sol.  The BRICS group consists of Brazil, Russia, India, China, and South Africa. South Korea is not a member of BRICS.

S2. Ans.(a)

Sol. State Bank of India (SBI) has the largest network of branches among Indian banks. As of the latest data, SBI operates the highest number of branches across urban and rural areas in India.

S3. Ans.(b)

Sol.  Odisha recorded the highest inflation rate of 7.22% among major states/UTs in June 2024, according to state-wise data released alongside the inflation report.

S4. Ans.(a)

Sol.  India’s overall SDG Index score for 2023-24 improved from 66 in 2020-21 to 71, showcasing significant progress in achieving Sustainable Development Goals. This reflects national and state-level efforts across various sectors.

S5. Ans.(c)

Sol. The IT Saksham Yuva Scheme offers a monthly remuneration of ₹20,000 for the first six months to participants who are graduates or postgraduates from IT backgrounds. This is part of the scheme’s effort to provide employment and skill development opportunities.

S6. Ans.(b)

Sol. NABVENTURES, a wholly-owned subsidiary of NABARD, is designated as the fund manager for AgriSURE. It will oversee the fund’s operations and investments aimed at fostering innovation and sustainability in India’s agricultural sector.

S7. Ans.(e)

Sol . Goal 13 recorded a significant increase in score from 54 in 2020-21 to 67 in 2023-24, marking it as the goal with the highest improvement. This underscores India’s focus on enhancing environmental sustainability and reducing carbon footprint.

S8. Ans.(c)

Sol.  Core inflation, which excludes food and fuel components, remained steady at 3.14% in June 2024, indicating moderate inflationary pressures outside of the volatile food and fuel sectors.

S9. Ans.(a)

Sol . The currency of the Netherlands is the Euro, which is also used by many other European countries. Guilder was the currency used before the Euro was adopted.

S10. Ans.(b)

Sol.  According to recent reports, the GNPA ratio in the Indian banking sector is around 9.8%. This indicates the proportion of loans that are classified as non-performing compared to total loans disbursed by banks.