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Current Affairs Quiz: 6 February 2024

AffairsCloud brings you the complete and important daily Current Affairs Quiz 6 February 2024 to achieve more marks in Banking, Insurance, UPSC, SSC, CLAT, Railways and all other competitive Exams. We have prepared the current affairs quiz question from our daily current affairs 2023 updates.

Our Current Affairs February 2024 events will help you to get more marks in Banking, Insurance, SSC, Railways, UPSC, CLAT and all State Government Exams. Also, try our Current Affairs Quiz.

  1. Which of the following points is/are “correct” with respect to the cabinet approval on 1st February 2024?
    A) The Union Cabinet approved the continuation of the Animal Husbandry Infrastructure Development Fund (AHIDF) to be implemented under the Infrastructure Development Fund (IDF) for three years till 2025-26 with an outlay of Rs 29,610.25 crore.
    B) The Union Cabinet approved the extension of the Scheme of Sugar Subsidy for Antyodya Anna Yojna (AAY) Families distributed through the Public Distribution Scheme (PDS) till 30th April 2025.
    C) The Union approved the extension of the Scheme for Rebate of State and Central Taxes and Levies (RoSCTL) for two years till 31st March 2026 for export of Apparel/Garments and Made-ups.

    1) Only A
    2) Only A & B
    3) Only B & C
    4) Only A & C
    5) All A, B & C
    Answer & Explanation
    Answer-4) Only A & C
    Explanation:
    On February 1, 2024, the Union Cabinet chaired by Prime Minister (PM) Narendra Modi approved the following schemes and initiatives:
    i. The Union Cabinet approved the continuation of the Animal Husbandry Infrastructure Development Fund (AHIDF) to be implemented under the Infrastructure Development Fund (IDF) for three years till 2025-26 with an outlay of Rs 29,610.25 crore.
    ii. The Union Cabinet approved the extension of the Scheme of Sugar Subsidy for Antyodya Anna Yojna (AAY) Families distributed through the Public Distribution Scheme (PDS) for two more years till 31 March 2026.
    iii. The Union Cabinet approved the extension of the Scheme for Rebate of State and Central Taxes and Levies (RoSCTL) for two years till 31st March 2026 for export of Apparel/Garments and Made-ups. Click here to read more

  2. Which Indian Institute of Management (IIM) has topped among the Top Government MBA colleges in the Indian Institutional Ranking Framework (IIRF)’s Top Master of Business Administration (MBA) Colleges in India – 2024 released in February 2024?
    1) IIM Indore
    2) IIM Bangalore
    3) IIM Ahmedabad
    4) IIM Calcutta
    5) IIM Kozhikode
    Answer & Explanation
    Answer-3) IIM Ahmedabad
    Explanation:
    According to the Indian Institutional Ranking Framework (IIRF)’s Top Master of Business Administration (MBA) Colleges in India – 2024, the Indian Institute of Management (IIM), Ahmedabad (Gujarat), has topped among the Top Government MBA colleges in India. Click here to read more.
    i. In the 2024 MBA Colleges ranking, Xavier Labour Relations Institute (XLRI), Jamshedpur (Jharkhand), has topped among the Top Private MBA colleges in India.
    Note: IIM Ahmedabad has emerged as the top-ranked college (Overall among Government & Private) in India, based on an overall index score of 937.24.

  3. Which of the following points is/are “correct” with respect to the Brand Guardianship Index 2024 compiled by Brand Finance in February 2024?
    A) Mukesh Ambani, Chairman, and Managing Director (CMD) of Reliance Industries Limited (RIL), has been ranked 1st among all Indians and 2nd globally in the Brand Guardianship Index (BGI) 2024.
    B) Huateng Ma, Chairman, and Chief Executive Officer (CEO) of Chinese internet giant Tencent Holdings recognised as the world’s leading CEO in 2024.
    C) Natarajan Chandrasekaran of TATA Sons, who ranked 5th globally in BGI 2024 and ranked 2nd among all Indians.

    1) Only A
    2) Only A & B
    3) Only B & C
    4) Only A & C
    5) All A, B & C
    Answer & Explanation
    Answer-5) All A, B & C
    Explanation:
    Mukesh Ambani, Chairman, and Managing Director (CMD) of Reliance Industries Limited (RIL), has been ranked 1st among all Indians and 2nd globally in the Brand Guardianship Index (BGI) 2024 compiled by Brand Finance. Mukesh Ambani ranks 2 in BGI 2024 for the second consecutive time (2024 and 2023).
    i. Huateng Ma, Chairman, and Chief Executive Officer (CEO) of Chinese internet giant Tencent Holdings recognised as the world’s leading CEO in the 2024 BGI, for his guardianship of the WeChat brand with a BGI score of 81.6.
    ii. Natarajan Chandrasekaran of TATA Sons, who ranked 5th globally in BGI 2024 and ranked 2nd among all Indians. Click here to read more

  4. Name the bank that has recently (in Feb ‘24) received Rs 9,013.72 crore from the Ministry of External Affairs (MEA) after the bank invoked Government of India (GoI) guarantees on decade-old loans extended to some African countries.
    1) Standard Chartered Bank
    2) DBS Bank India
    3) Canara Bank India
    4) Export-Import Bank of India
    5) HSBC Bank India
    Answer & Explanation
    Answer-4) Export-Import Bank of India
    Explanation:
    The Ministry of External Affairs (MEA) has provided Rs 9,013.72 crore to the Export-Import Bank of India (Exim Bank) after the bank invoked Government of India (GoI) guarantees on decade-old loans extended to some African countries.
     These loans were classified as “doubtful debts”  in Financial Year(FY) 2023-24.
     Exim Bank had to invoke guarantees due to non-performing assets (NPAs) of the loans given to African countries.

  5. According to the CRISIL report titled “Indian Economy: Capital as Growth Driver” released in February 2024, the Indian economy is expected to grow at an average rate of _________ per year between fiscal 2024 and 2031.
    1) 6.1%
    2) 6.7%
    3) 6.5%
    4) 6.2%
    5) 6.9%
    Answer & Explanation
    Answer-2) 6.7%
    Explanation:
    According to the CRISIL (formerly Credit Rating Information Services of India Limited) report titled “Indian Economy: Capital as Growth Driver”, the Indian economy is expected to grow at an average rate of 6.7% per year between fiscal 2024 and 2031. This is slightly higher than the pre-pandemic decadal  average of 6.6%.
    i. After a robust 7.3% growth in fiscal year 2023, CRISIL projects a moderation to 6.4% in fiscal year 2024, attributing it to cyclical factors.

  6. Who has recently (in Feb ‘24) sworn in as the Interim President of the Republic of Namibia?
    1) Nangolo Mbumba
    2) Sam Nujoma
    3) Hifikepunye Pohamba
    4) Saara Kuugongelwa
    5) Monica Geingos
    Answer & Explanation
    Answer-1) Nangolo Mbumba
    Explanation:
    Nangolo Mbumba, former Vice President of the Republic of Namibia, took oath as the interim President of Namibia after the death of incumbent President Hage Geingob on 4th February 2024.
     Nangolo Mbumba will hold the post until the 2024 election.

  7. Which country’s Jielong-3 rocket has recently (in Feb ‘24) launched nine satellites into the Sun-Synchronous Orbit (SSO)?
    1) Russia
    2) Iran
    3) Japan
    4) China
    5) Israel
    Answer & Explanation
    Answer-4) China
    Explanation:
    The China Aerospace Science and Technology Corporation’s (CASC) Jielong-3, or Smart Dragon-3 rocket, successfully launched nine satellites into the Sun-Synchronous Orbit (SSO), off the coast of Yangjiang in southern Guangdong province, China.
     The launch was coordinated by the Taiyuan Satellite Launch Center, and it was the third successful mission for the Smart Dragon-3 launch vehicle.
    i. Chinese automaker Geely Holding Group has successfully launched 11 low-earth orbit (LEO) satellites (Geely-02) by Long March-2C carrier rocket, marking its 2nd significant dispatch in advancing accurate navigation technology for autonomous vehicles. Click here to read more

  8. Name the first 25T Bollard Pull (BP) Tug that was delivered to the Indian Navy (IN) at Naval Ship Repair Yard (NSRY) in Kochi, Kerala in February 2024.
    1) Yard 307 – Bajran
    2) Yard 306 – Baljeet
    3) Yard 305 – Mahabali
    4) Yard 308 – Bhim
    5) Yard 309 – Buland
    Answer & Explanation
    Answer-3) Yard 305 – Mahabali
    Explanation:
    On 2nd February 2024, the first 25T Bollard Pull (BP) Tug, named ‘Yard 305 – Mahabali’ was delivered to the Indian Navy (IN) at Naval Ship Repair Yard (NSRY) in Kochi, Kerala in the presence of Rear Admiral Subir Mukherjee, Admiral Superintendent of NSRY (Kochi).
    i. The contract for construction and delivery of three 25T BP Tugs was concluded with M/s Shoft Shipyard Pvt Ltd (M/s SSPL), a Thane (Maharashtra) based Micro, Small & Medium Enterprises (MSME), in November 2021.

  9. In February 2024, the Indian Navy (IN) commissioned the Indian Naval Ship (INS) ___________ , the first of four Survey Vessel Large (SVL) ships in Visakhapatnam, Andhra Pradesh.
    1) INS Sutlej
    2) INS Sandhayak
    3) INS Nirupak
    4) INS Darshak
    5) INS Sarvekshak
    Answer & Explanation
    Answer-2) INS Sandhayak
    Explanation:
    On 3rd February 2024, the Indian Navy (IN) commissioned the Indian Naval Ship (INS) Sandhayak (Yard 3025), the first of four Survey Vessel Large (SVL) ships, at the Naval Dockyard, Visakhapatnam, Andhra Pradesh, in the presence of Union Minister Rajnath Singh, Ministry of Defence (MoD), and Indian Navy Chief Admiral R. Hari Kumar.
    i. The contract for building four SVL ships was signed between the MoD and Garden Reach Shipbuilders & Engineers Limited (GRSE).

  10. The ________ International Day of Human Fraternity 2024 observed across the globe on 4th February 2024.
    1) 4th
    2) 6th
    3) 2nd
    4) 3rd
    5) 5th
    Answer & Explanation
    Answer- 1) 4th 
    Explanation:
    The United Nations (UN) International Day of Human Fraternity is annually observed across the globe on 4 February to promote peace, tolerance, inclusion, understanding, and solidarity between all people of diverse faiths.
    i. 4th February 2024 marks the observance of the 4th International Day of Human Fraternity.





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