Current Affairs Questions and Answers 16th June 2024

16th June Current Affairs 2024 Quiz

Q1. Which digital initiative by NIIMH catalogues 16,000 Ayush manuscripts?

(a) NAMASTE Portal

(b) AMAR Portal

(c) SAHI Portal

(d) Ayush Research Portal

(e) e-books of Ayush

Q2. Which city recorded the highest year-on-year growth in prime residential prices among global cities in January-March 2024?

(a) Manila

(b) Tokyo

(c) Mumbai

(d) Delhi NCR

(e) Bengaluru

Q3. Which country holds the current chairmanship of the G7?

(a) Canada

(b) Germany

(c) Italy

(d) Japan

(e) United Kingdom

Q4. Which category witnessed a notable increase contributing to the rise in wholesale inflation?

(a) Fuel and Power

(b) Manufactured Products

(c) Food Articles

(d) Metals

(e) Pharmaceutical Products

Q5. Which of the following is NOT a typical ATM service?

(a) Balance inquiry

(b) Mobile phone recharge

(c) Cash deposit

(d) Stock trading

(e) Check deposit

Q6. What is the current market capitalization of India’s equity market as it reclaims the fourth-largest global market tag?

(a) $4.3 trillion

(b) $5.17 trillion

(c) $5.2 trillion

(d) $5.47 trillion

(e) $4.29 trillion

Q7. Who has advocated arbitration as the preferred method of seeking commercial justice in recent statements?

(a) Prime Minister of India

(b) Chief Justice of India

(c) Finance Minister of India

(d) President of India

(e) Union Law Minister

Q8 . What was India’s wholesale inflation rate in May 2024?

(a) 2.61%

(b) 1.26%

(c) -3.61%

(d) 4.75%

(e) 9.82%

Q9. Which city saw a rise from 17th to 5th position in global rankings for prime residential price growth in January-March 2024?

(a) Mumbai

(b) Delhi NCR

(c) Tokyo

(d) Bengaluru

(e) Manila

Q10. Which other Indian institute recognized by WHO focuses on Ayurveda?

(a) Morarji Desai National Institute of Yoga

(b) National Institute of Naturopathy

(c) Institute for Teaching & Research in Ayurveda

(d) Central Council for Research in Unani Medicine

(e) National Institute of Siddha

Solutions

S1. Ans. (b)

Sol.  The AMAR Portal is a significant digital initiative by NIIMH, cataloguing 16,000 Ayush manuscripts, including 4,249 digitised manuscripts and other valuable documents, enhancing the accessibility of traditional knowledge.

S2. Ans.(a)

Sol. According to Knight Frank’s report, Manila recorded a significant 26.2% year-on-year increase in prime residential prices, making it the top performer globally during the January-March 2024 quarter.

S3. Ans.(c)

Sol.  Italy is the current chair of the G7, leading the discussions and coordination efforts among the member nations for this year.

S4. Ans.(c)

Sol.  The wholesale inflation uptick in May 2024 was primarily driven by a sharp increase in food prices, which rose by 9.82% during the month.

S5. Ans.(d)

Sol. While modern ATMs offer a variety of services, including balance inquiry, mobile phone recharge, cash deposit, and check deposit, stock trading is not typically offered through ATMs.

S6. Ans.(c)

Sol. India’s market capitalization soared to $5.2 trillion, driven by a 10% increase following the market rebound after election results, allowing it to surpass Hong Kong.

S7. Ans.(b)

Sol . Chief Justice of India DY Chandrachud has recently emphasized arbitration as the preferred method for commercial justice, highlighting its efficiency and suitability for resolving complex business disputes.

S8. Ans.(a)

Sol.  Ministry of Commerce and Industry, India’s wholesale inflation rate surged to 2.61% in May 2024, marking a significant increase from 1.26% in April.

S9. Ans.(b)

Sol . Delhi NCR witnessed a notable 10.5% year-on-year growth in house prices, which propelled it from 17th place in the previous year to 5th place globally in January-March 2024, as reported by Knight Frank.

S10. Ans.(c)

Sol.  The Institute for Teaching & Research in Ayurveda, Jamnagar, is another Indian institute recognized by WHO, focusing on Ayurveda, along with the Morarji Desai National Institute of Yoga (MDNIY) in New Delhi.