AffairsCloud brings you the complete and important daily Current Affairs Quiz 10 July 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 2024 updates.
Our Current Affairs July 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.
Click here for Current Affairs 10 July 2024
- According to the Reserve Bank of India’s (RBI’s) Measuring Productivity at the Industry Level-India KLEMS database, India’s employment rate provisionally grew at ______ in FY24 from a growth of 3.2% in FY23 (2022–23).
1) 8%
2) 7%
3) 6%
4) 10%
5) 5%Answer-3) 6%
Explanation:
On 8th July 2024, the Reserve Bank of India (RBI) released Measuring Productivity at the Industry Level- The India KLEMS (Capital (K), Labour (L), Energy (E), Material (M) and Services (S)) Database. As per RBI’s data, India’s employment rate provisionally grew at 6% in the fiscal year ended on 31st March, 2024 from a growth of 3.2% in FY23 (2022-23).
RBI data showed that employment in the country increased by 4.67 crore (46.7 million) to 64.33 crore (provisional) in FY24 (2023-24) from 59.67 crore in FY23. This number is much higher than the estimates by private surveys that point out the country’s high unemployment rate.
RBI’s KLEMS database highlighted that the total number of employed people as a ratio of the total population has increased from 34.7% in FY18 (2018-19) to 44.2% in FY24.
As per RBI database, the employment in sectors like: agriculture, hunting, forestry and fishing increased from 24.82 crore in FY22 to 25.3 crore in FY23. - In July 2024, the Union Cabinet of India approved the signing of the Biodiversity Beyond National Jurisdiction (BBNJ) Agreement or ‘High Seas Treaty’ under ________.
1) United Nations Forum on Forests(UNFF)
2) Convention on Biological Diversity (CBD)
3) Biological Weapons Convention (BWC)
4) UN Environment Programme (UNEP)
5) United Nations Convention on the Law of the Sea (UNCLOS)Answer-5) United Nations Convention on the Law of the Sea (UNCLOS)
Explanation:
On July 2, 2024, the Union Cabinet of India, chaired by Prime Minister Narendra Modi, has approved the signing of the Biodiversity Beyond National Jurisdiction (BBNJ) Agreement or ‘High Seas Treaty’, an international treaty under the United Nations Convention on the Law of the Sea (UNCLOS).
The Ministry of Earth Sciences (MoES) will lead India’s implementation of the agreement, thus, enhancing India’s role in marine conservation, and its strategic presence in areas beyond its Exclusive Economic Zone (EEZ).
The BBNJ Agreement, agreed upon in March 2023, is open for signature for 2 years starting September 2023. It will become a legally binding international treaty 120 days after the 60th ratification. As of June 2024, 91 countries have signed, and 8 countries have ratified the agreement.
This agreement aims to conserve and sustainably utilize marine biodiversity in areas beyond national jurisdiction, known as the High Seas. - With which organization did the Department for Promotion of Industry and Internal Trade (DPIIT) signed a MoU for the development of a framework and assessment of logistics costs in India?
1) World Bank
2) National Council of Applied Economic Research
3) International Monetary Fund
4) Asian Development Bank
5) National Bank for Financing Infrastructure and DevelopmentAnswer-2) National Council of Applied Economic Research
Explanation:
The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry(MoCI), has signed a Memorandum of Understanding (MoU) with National Council of Applied Economic Research (NCAER) for the development of framework and assessment of logistics cost in India.
Under this MoU, NACER and DPIIT will collaborate to
i.Develop a detailed framework for assessment of Logistics Cost in India.
ii.Create a comprehensive study for assessment of logistics cost for 2023-24.
iii.Identify cost differentials across various factors and sectors like routes, modes, products, types of cargo, and service operations, etc.
iv.Identify the major determinants along with influence on the logistics in different sectors, etc. - EXIM Bank has recently(in July ‘24) signed an agreement with _______________to provide an India-supported Line of Credit (LoC) of USD 2.50 million.
1) Mauritius
2) Zimbabwe
3) Guyana
4) Nepal
5) BhutanAnswer-3) Guyana
Explanation:
The Export-Import Bank of India (EXIM Bank) signed an agreement with the Government of Guyana to provide India-supported Line of Credit (LoC) of USD 2.50 million for installing a solar photovoltaic(PV) power plant at Cheddi Jagan International Airport (CJIA) in Timehri, Guyana.
The agreement under the LoC was signed on 29th February 2024 and effective from 24th June 2024.
This agreement aligns with Guyana’s efforts to transition from fossil fuels to renewable energy, aiming to reduce carbon emissions and promote sustainable energy solutions. - Which company has recently (in July ‘24) launched India’s 1st tourism index fund?
1) Groww Mutual Fund
2) Tata Asset Management Private Limited
3) SBI Mutual Fund
4) Motilal Oswal Financial Services Limited
5) ICICI Prudential Mutual FundAnswer- 2) Tata Asset Management Private Limited
Explanation:
On 8th July 2024, Tata Asset Management Private Limited (TAMPL) launched India’s 1st tourism index fund, Tata Nifty India Tourism Index Fund. The New Fund Offer (NFO) for the scheme will be open for subscription on 8th July, 2024 till 19th July, 2024.
The scheme will reopen for continuous sale and repurchase on or before 29th July, 2024. This is the first domestic fund focused on the tourism theme.
The fund will be managed by Kapil Menon, a Fund Manager-Equities at Tata Asset Management Private Limited.
It is an open-ended index fund which will monitor the Nifty India Tourism Index, which consists 17 companies (as of 21st June, 2024) operational in the tourism sector, with a maximum stock level capping limit of 20% in the index. - Name the Indian Businesswoman, who has been recently (in July 2024) honoured with France’s highest civilian Award – the “Chevalier de la Légion d’Honneur” (Knight of the Legion of Honour).
1) Roshni Nadar Malhotra
2) Sudha Murty
3) Falguni Nayar
4) Isha Ambani
5) Savitri JindalAnswer-1) Roshni Nadar Malhotra
Explanation:
Roshni Nadar Malhotra, Chairperson of HCL Technologies Limited (HCLTech), Indian multinational information technology (IT) consulting company, has been honoured with France’s highest civilian Award – the “Chevalier de la Légion d’Honneur” (Knight of the Legion of Honour).
The award recognises her contributions to the business; her efforts to strengthen economic ties between France and India; and her commitment to social and environmental causes.
Thierry Mathou, Ambassador of France to India presented the award on behalf of the President of the French Republic, Emmanuel Macron, at a ceremony held at the Residence of France in Delhi. - Who has been recently (in July ‘24) appointed as the Managing Director(MD) and Chief Executive Officer (CEO) of Utkarsh Small Finance Bank Limited (USFBL)?
1) Sanjeev Nautiyal
2) Sanjaya Kumar Mishra
3) Matam Venkata Rao
4) Govind Singh
5) Sanjay AgarwalAnswer-4) Govind Singh
Explanation:
On July 8 2024, The Reserve Bank of India (RBI) approved the reappointment of Govind Singh as Managing Director(MD) and Chief Executive Officer (CEO) of Utkarsh Small Finance Bank Limited (USFBL) for a period of three years with effect from September 21 2024.
His current term is set to end on 20th September 2024. - In July 2024, Roscosmos, Russia’s State Corporation for Space Activities, approved the schedule for the creation of RussianOrbital Station (ROS) by _________.
1) 2035
2) 2047
3) 2033
4) 2050
5) 2028Answer-3) 2033
Explanation:
Yury Borisov, Director General of Roscosmos, Russia’s State Corporation for Space Activities, approved a general schedule for creating the Russian Orbital Station (ROS) by 2033. The document was also signed by 19 general directors of Roscosmos Enterprises involved in making the ROS.
Russia is set to launch the 1st research and energy module for the ROS in 2027, and 3 other core modules, namely the universal nodal, gateway, and base modules, will be launched by 2030.
In the 2nd stage, from 2031 to 2033, 2 special-purpose modules (TsM1 and TsM2) will be launched. - Who has been recently (in July ‘24) appointed as the Chef-de-Mission for the Indian Contingent at the Paris 2024 Olympics?
1) Mirabai Chanu
2) Abhinav Bindra
3) Gagan Narang
4) PV Sindhu
5) Neeraj ChopraAnswer-3) Gagan Narang
Explanation:
Shooter Gagan Narang, four-time Olympian and London 2012 Olympic Games men’s 10m Air Rifle bronze medalist, has been appointed as the Chef-de-Mission for the Indian at the Paris 2024 Olympics, officially, ‘Games of the XXXIII Olympiad’ in Paris, France.
i.India’s two-time Olympic medallist badminton player, PV Sindhu, and 13-time Commonwealth Games medallist table tennis veteran, A Sharath Kamal will be flag bearer during the Opening Ceremony of Paris Olympics.
ii.Olympic gold medalist in javelin throw Neeraj Chopra will lead the 28-member Indian athletics contingent at the Paris Olympics. - Which state is set to become the first in India to adopt an action plan for road safety for the next 10 years?
1) Odisha
2) Rajasthan
3) Tamil Nadu
4) Bihar
5) KeralaAnswer-2) Rajasthan
Explanation:
Rajasthan is all set to become the 1st state in India to adopt an action plan for road safety for the next 10 years. The proposed action plan aimed at reducing road accidents in the state by 50% till 2030.
The World Bank (WB) would provide assistance to the State government in the preparation of an action plan and safety plan by incorporating the best practices adopted in different countries.
As per the draft, the action plan will be implemented in 3 phases. The phase 1 will be implemented between 2025 till 2027. It will focus on safety audits of 500 kilometer (km) of state highways and major district roads.
The phase-2 of action plan will be implemented from 2027 till 2030 and will focus on the reduction of 50% of road accident fatalities which is in line with United Nations (UN)’s Second Decade of Action for Road Safety.
The phase-3 of action plan will be implemented from 2030 till 2033 and will focus on the reduction of 75% of road accident fatalities.
AffairsCloud Recommends Oliveboard Mock Test
AffairsCloud Ebook - Support Us to Grow
Govt Jobs by Category
Bank Jobs Notification