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Current Affairs Quiz:13 June 2024

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 13 June 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.

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  1. Which bank has recently (in June ‘24) launched a new “SME Digital Business Loans” product for the Micro, Small and Medium Enterprise (MSME) sector?
    1) Karnataka Bank
    2) State Bank of India
    3) Yes Bank
    4) Small Industries Development Bank of India
    5) Indian Bank
    Answer-2) State Bank of India
    Explanation:
    On 11th June 2024, India’s largest Public Sector Bank (PSB), The State Bank of India (SBI) has launched a new “SME Digital Business Loans” product to cater the credit requirements of Micro, Small and Medium Enterprise (MSME) sector.
    • The new product will enable SBI to sanction the loan requests from MSMEs within 45 minutes.
    • SBI has waived the requirement for financial statements for loans up to Rs 50 lakh. It will rely on transaction history and GST returns for appraisal.
    The State Bank of India (SBI) has partnered with 23 Non-Banking Financial Companies (NBFCs) or Housing Finance Companies (HFCs) to expand its reach to the unserved and under-served segments in India. Click here to read more

  2. The Reserve Bank of India (RBI) has recently (in June ‘21) introduced new regulations which allowed listed Indian companies and resident individuals to invest in ___________ that are regulated through their fund managers.
    1) Green climate fund
    2) Multi Asset Allocation Fund
    3) Automotive Opportunities Fund
    4) offshore funds
    5) Infrastructure Fund
    Answer-4) offshore funds
    Explanation:
    The Reserve Bank of India (RBI) has introduced new regulations which allowed listed Indian companies and resident individuals to invest in offshore funds that are regulated through their fund managers.
    • RBI issued these directions under Section 10(4) and Section 11 (1) of the Foreign Exchange Management Act, 1999(FEMA Act) (42 of 1999).
    • RBI has made certain amendments regarding Overseas Portfolio Investments (OPIs).Therefore, amended the Foreign Exchange Management (Overseas Investment) Directions, 2022.
    • Earlier, Overseas Portfolio Investment (OPI) was allowed only if the “funds” were regulated in their home jurisdiction and the investments were in ‘units’ of the funds.

  3. Which organisation has released its report titled “Global Economic Prospects (GEP) – June 2024,” stating that India’s Gross Domestic Product (GDP) growth projection for FY25 (2024-2025) was revised to 6.6%.
    1) Moody’s
    2) Brand Finance
    3) Asian Development Bank
    4) Reserve Bank of India
    5) World Bank
    Answer-5) World Bank
    Explanation:
    According to the World Bank’s biannual report titled “Global Economic Prospects (GEP) – June 2024”, India’s Gross Domestic Product (GDP) growth projection for FY25 (2024-2025) was revised from 6.4% (projected in January 2024) to 6.6%.
    • It has also revised India’s GDP growth by 20 basis points (bps) each to 6.7% and 6.8% for FY26 (2025-26) and FY27 (2026-27) respectively.
    • The report estimated that global growth will remain stable at 2.6% in FY25.
    • The global growth is expected to marginally increase to 2.7% in FY26 and remain the same for FY27.

  4. Name the company/ organisation that has recently (in June ‘24) signed a cooperation agreement with the UAE’s EDGE Group to set up R&D facilities.
    1) Hindustan Aeronautics Limited
    2) Adani Defence and Aerospace
    3) Defence Research and Development Organisation
    4) Mahindra Defence Systems Limited
    5) Bharat Dynamics Limited
    Answer-2) Adani Defence and Aerospace
    Explanation:
    Adani Defence and Aerospace, defence subsidiary of Adani Enterprises Limited (AEL) signed a cooperation agreement with EDGE Group, one of the leading advanced technology and defence groups in the United Arab Emirates (UAE).
    • It aims to establish an international platform leveraging the defence and aerospace capabilities of both companies to combine their expertise in missiles, weapons, unmanned platforms etc. and to meet the requirements of global and local customers.
    • The agreement will also explore the option to set up a Research & Development (R&D) facilities in India and the UAE.

  5. Which institute has recently (in June ‘24) signed a MoU with Japan’s Renesas Electronics Corporation for research and collaboration in Very-Large-Scale-Integration (VLSI) and embedded semiconductor systems?
    1) Indian Institute of Technology (IIT), Hyderabad
    2) Indian Institute of Science (IISc) Bangalore(Bengaluru)
    3) Indian Institute of Technology (IIT), Roorkee
    4) Indian Institute of Technology (IIT), Bombay
    5) Indian Institute of Technology (IIT), Patna
    Answer-1) Indian Institute of Technology, Hyderabad
    Explanation:
    The Indian Institute of Technology, Hyderabad(IIT-H), Telangana, and Renesas Electronics Corporation, Japan’s leading supplier of advanced semiconductor solutions, have signed a 3-year Memorandum of Understanding (MoU) for research and collaboration in Very-Large-Scale-Integration (VLSI) and embedded semiconductor systems.
    • This partnership aims to strengthen India’s semiconductor ecosystem and support the “Make in India” objective.
    • The MoU aims to foster talent development to build a self-reliant semiconductor industry in India and enable Renesas to recruit talented employees from India.

  6. Name the sports personalities who has recently (June 2024) won the Dilip Bose Lifetime Achievement Award from the All India Tennis Association (AITA).
    1) Shubam Gill and Deepti Sharma
    2) Nar Singh and Rohini Lokhande
    3) Novak Djokovic and Aitana Bonmati
    4) Neeraj Chopra and Sheetal Devi
    5) Mahesh Bhupathi and Leander Paes
    Answer-2) Nar Singh and Rohini Lokhande
    Explanation:
    All India Tennis Association(AITA) has honoured Delhi-based Tennis coach Nar Singh with the prestigious Dilip Bose Award for Lifetime Achievement in Coaching.
    • AITA has introduced a new Lifetime Achievement Award for Women’s Coaches and presented the inaugural award to Rohini Lokhande of Pune, Maharashtra, one of India’s earliest women’s coaches.
    • The awards were presented during the 11th National coaches workshop which was held at the Poona Young Cricketers (PYC) Hindu Gymkhana in Pune, Maharashtra on June 7th-8th 2024.
    • The AITA instituted a Dilip Bose Lifetime Achievement Award 2002 in honour of Dilip Bose, a renowned Indian tennis player. The award carries a cash prize of Rs. 50,000.

  7. In June 2024, the Indian Army received the indigenously developed Man Portable Counter Drone System (MPCDS) manufactured by ____________.
    1) Marut Dronetech Private Limited
    2) Big Bang Boom Solutions Private Limited
    3) Bharat Dynamics Limited
    4) AXISCADES Technologies Limited
    5) Garuda Aerospace
    Answer-4) AXISCADES Technologies Limited
    Explanation:
    On 10th June 2024, The Indian Army received indigenously developed first-of-its-kind Man Portable Counter Drone System (MPCDS). It is designed and manufactured by Bengaluru based AXISCADES Technologies Limited under the agreement worth Rs 100 crore from the Indian Army.
    • It is capable to detect and jam different types of drones within a range of up to 5 Kilometres (Kms).
    • It covers wide range of frequency spectrums such as: Command & Control and Navigation.

  8. Who has won the Men’s Singles Title at the French Open 2024 (also known as Roland-Garros) for the first time?
    1) Novak Djokovic
    2) Jannik Sinner
    3) Carlos Alcaraz
    4) Stefanos Tsitsipas
    5) Saketh Mynen
    Answer-3) Carlos Alcaraz
    Explanation:
    Spanish tennis player Carlos Alcaraz(21 years old) won the Men’s singles title at the French Open 2024 (also known as Roland-Garros) by defeating Alexander Zverev of Germany in the finals held at the Stade Roland Garros in Paris, France.
    • World No. 1 Iga Swiatek of Poland won the Women’s singles title at the 2024 French Open defeating Jasmine Paolini of Italy. This marks her 4th French Open title and 5th Grand Slam title.
    • El Salvador’s Marcelo Arevalo and Croatia’s Mate Pavic secured the Men’s Doubles title after defeating Italian pair Simone Bolelli and Andrea Vavassori. This is the first Grand Slam title of the pair.
    • Coco Gauff (The United States of America-USA) and Katerina Siniakova (Czech Republic) won the French Open’s women’s doubles title by defeating the Italian pair Jasmine Paolini and Sara Errani.
    • Germany’s Laura Siegemund and France’s Edouard Roger-Vasselin won the mixed doubles title after defeating the two-time Wimbledon Champions Desirae Krawczyk (USA) and Neal Skupski (Britain).Click here to read more

  9. Name the Indian shooter who has recently (in June ‘24) won the gold medal in the men’s 10 m air pistol category at the ISSF World Cup 2024 (rifle/pistol) held in Munich, Germany.
    1) Sarabjot Singh
    2) Dhiraj Bommadevara
    3) Suhas Lalinakere Yathiraj
    4) Tajinderpal Singh Toor
    5) Sandeep Singh
    Answer-1) Sarabjot Singh
    Explanation:
    India won 2 medals (1 gold and 1 bronze) and finished 3rd on the medal tally of the International Shooting Sport Federation (ISSF) World Cup 2024 (Rifle/Pistol) held from 31st May to 8th June 2024 in Munich, Germany.
    • Indian shooter Sarabjot Singh won the gold medal in the men’s 10m air pistol category and Indian shooter Sift Kaur Samra won a bronze medal in the women’s 50m rifle 3 positions category.
    • China topped the medal tally with 11 medals (4 gold, 4 Silver and 3 Bronze) followed by Norway at 2nd place with 3 medals (1 gold, 1 silver and 1 Bronze) and India and France at 3rd place with 2 medals each.

  10. When was the World Day Against Child Labour 2024 observed across the globe?
    1) February 6
    2) March 8
    3) June 12
    4) April 18
    5) May 15
    Answer-3) June 12
    Explanation:
    The United Nations (UN) World Day Against Child Labour is annually observed across the globe on 12 June to increase awareness about the need to focus on the global extent of child labour and the efforts needed to eliminate it.
    • The 2024 theme of World Day Against Child Labour is, “Let’s act on our commitments: End Child Labour!“
    • The World Day Against Child Labour was launched in 2002 by the ILO, the only tripartite United Nations (UN) agency, devoted to promoting social justice and internationally recognised human and labour rights.
    • The first-ever World Day Against Child Labour was observed on 12 June 2002. Click here to read more