AffairsCloud brings you the complete and important daily Current Affairs Quiz 29 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.
Our Current Affairs June 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 29 June 2024
- Which city has been ranked as the most liveable city for the third consecutive year, according to the Economist Intelligence Unit’s (EIU)Global Liveability Index 2024?
1) New York
2) Bengaluru
3) Copenhagen
4) Vienna
5) ZurichAnswer-4) Vienna
Explanation:
According to the Economist Intelligence Unit (EIU)’s Global Liveability Index 2024, Vienna, the capital of Austria, has topped the index as the most liveable city for the third consecutive year.
• Denmark’s Copenhagen maintained its second position, while Switzerland’s Zurich moved up from 6th place(2023) to 3rd on the 2024 list.
• The EIU Index ranks 173 cities across the world with the aim of showing how comfortable these cities are to live in.
• No India City is ranked on the 2024 list of top 10 liveable cities in the world. - In June 2024, the Reserve Bank of India (RBI) introduced a revised____________ Currency Swap framework for 2024-27.
1) South Asian Association for Regional Cooperation (SAARC)
2) BRICS (Brazil, Russia, India, China and South Africa)
3) Group 20 (G20)
4) Association of Southeast Asian Nations(ASEAN)
5) European Union (EU)Answer-1) South Asian Association for Regional Cooperation (SAARC)
Explanation:
On 27th June 2024, the Reserve Bank of India (RBI) introduced the revised South Asian Association for Regional Cooperation (SAARC) Currency Swap framework for 2024-27, in concurrence with the Government of India (GoI).
• According to this framework, the RBI would enter into bilateral swap agreements with SAARC central banks, who wish to avail the swap facility.
• As per the framework, a separate Indian Rupee (INR) Swap window has been introduced worth Rs 250 billion, to provide various concessions for swap support in INR.
• RBI will continue to provide swap arrangement in USD and Euro through a separate US Dollar/ Euro Swap Window worth USD 2 billion. - Name the housing finance company that has recently (in June ‘24) signed a USD 60 million Non-Convertible Debentures (NCDs) financing agreement with the Asian Development Bank (ADB) to offer housing loans for women.
1) Star Housing Finance Limited
2) Piramal Capital & Housing Finance
3) Aadhar Housing Finance Limited
4) LIC Housing Finance Limited
5) Tata Capital Housing Finance LimitedAnswer-3) Aadhar Housing Finance Limited
Explanation:
The Asian Development Bank (ADB) has signed a USD 60 million Non-Convertible Debentures (NCDs) financing agreement with the Aadhar Housing Finance Limited (AHFL), one of the largest affordable housing finance companies in India. As of 25 June 2024, USD 30 million has been disbursed.
• The funds will support housing loans for women and address the shortage of financing in low-income housing and affordable housing segments in India.
• India faces a significant housing shortage, estimated at 26.3 million homes in urban areas and nearly double that in rural areas. - The Reserve Bank of India’s(RBI) gold reserves held overseas declined to their lowest level in six years by the end of March 2024, accounting for 47% of the total reserves accumulated since December 2017.
As of March 2024, the RBI’s total gold holdings stood at ___________.
1) 682.6 tonnes
2) 822.1 tonnes
3) 856.4 tonnes
4) 658.4 tonnes
5) 549.5 tonnesAnswer-2) 822.1 tonnes
Explanation:
The Reserve Bank of India’s(RBI) gold reserves held overseas declined to their lowest level in six years by the end of March 2024, accounting for 47% of the total reserves accumulated since December 2017.
• By the end of March 2024, the RBI’s total gold holdings stood at 822.1 tonnes and its at-home holdings increased from 39% in 2021 to 53% in March 2024.
• The share of gold reserves held domestically by central banks rose from 50% in 2020 to 68% by December 2023, with expectations of further increase to 74% within the next five years. - Name the fintech company that has recently (in June ‘24) received final authorization from the Reserve Bank of India (RBI) to operate as an online payment aggregator.
1) EBANX
2) CleverTap
3) PayU
4) Fonepay Payment Service Ltd
5) Hitachi Payment Services Pvt. LtdAnswer-5) Hitachi Payment Services Pvt. Ltd
Explanation:
Noida(Uttar Pradesh) based Hitachi Payment Services Pvt. Ltd has received final authorization from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator under the Payments and Settlement Systems Act, 2007.
• This licence would enable the company to expand its digital solutions & services stack to encompass a comprehensive suite of innovative and merchant friendly payment options including Unified Payments Interface(UPI), netbanking, cards and wallets along with value-added services. - How much in assets did the Government of India monetize during the financial year 2023-2024, according to data released by NITI Aayog?
1) Rs 1.8 lakh crore
2) Rs 11.73 lakh Crore
3) Rs 1.56 lakh crore
4) Rs 1 lakh crore
5) Rs 11.5 lakh CroreAnswer-3) Rs 1.56 lakh crore
Explanation:
According to the official data released by National Institution for Transforming India (NITI Aayog). The Government of India (GoI) has monetized assets worth Rs 1.56 lakh crore in Financial year 2023-2024 (FY24) as against the set target of Rs 1.8 lakh crore, under the National Monetisation Pipeline (NMP).
• This represents a 159% increased compared to the achievement in FY2021-22.
• The total monetisation under NMP since its launch in 2020-2021 stands at Rs 3.85 lakh crore.
• Under NMP, the total target FY22 and FY23 was around Rs 2.50 lakh crore against which Rs 2.30 lakh crore was achieved.
• Ministry of Road Transport and Highways (MoRTH) has topped in terms of the performance of individual Ministries in FY24, with monetised assets worth Rs 40, 314 crore. - Who has recently won the PEN(Poet, Playwright, Editors Essayist, Novelist) Pinter Prize 2024 for her ‘unflinching and unswerving’ writings?
1) Jenny Erpenback
2) Mamta G. Sagar
3) Amitav Ghosh
4) Arundhati Roy
5) Salman RushdieAnswer-4) Arundhati Roy
Explanation:
Renowned Indian Author ‘Arundhati Roy’ has won the prestigious PEN(Poet, Playwright, Editors Essayist, Novelist) Pinter Prize 2024 for her ‘unflinching and unswerving’ writings.
• She is set to receive the award at a ceremony co-hosted by the British Library (BL), London, United Kingdom (UK) on October 10 2024.
• Some of her notable works includes: The Cost of Living (1999); Power Politics (2001); Field Notes on Democracy: Listening to Grasshoppers (2009); Ministry of Utmost Happiness (2017)and Broken Republic: Three Essays (2011).
• Roy won the prestigious Booker Prize for Fiction for her debut novel ‘The God of Small Things’ in 1997. She became the first Indian writer to win this award. - Who has been appointed as the Next Secretary General of the North Atlantic Treaty Organization (NATO) to succeed Jens Stoltenberg in October 2024?
1) Jeremiah Manele
2) John Ramsay Swinney
3) Mark Rutte
4) Bjarni Benediktsson
5) Ursula von der LeyenAnswer-3) Mark Rutte
Explanation:
The North Atlantic Council officially appointed Mark Rutte, the acting Prime Minister (PM) of the Netherlands (Dutch) as the next Secretary General (SG) of the North Atlantic Treaty Organization (NATO).
• He will take office on 1st October 2024, from the current NATO SG Jens Stoltenberg, former PM of Norway (2000-2001 and 2005-2013).
• Jens Stoltenberg has been serving as the SG of NATO since October 2014. His 10-year term is set to conclude on 1st October 2024.
• 2024 marks the 75th anniversary of the founding of NATO.
• Mark Rutte’s appointment was confirmed by the NATO ambassadors during a meeting at the NATO headquarters in Brussels, Belgium. The SG selection process was based on the consensus of all 32 Alliance member countries of NATO. - Who was recently (in June ‘24) elected as the Speaker of the 18th Lok Sabha (Lower House of Parliament) for a 2nd consecutive term?
1) Shashi Tharoor
2) Om Birla
3) Shafiqur Rahman Barq
4) Shivraj Singh Chouhan
5) Kodikunnil SureshAnswer-2) Om Birla
Explanation:
On 26th June 2024, Om Birla (61-year old), candidate of the ruling National Democratic Alliance (NDA), was elected as the Speaker of the 18th Lok Sabha(Lower House of the Parliament) for a 2nd consecutive term by a voice vote.
i.He was elected against the opposition Indian National Developmental Inclusive Alliance (INDIA) bloc’s candidate, Kodikunnil Suresh, 8 time-Member of Parliament (MP) from Mavelikkara constituency, Kerala
ii. On 26th June 2024, Lok Sabha Speaker Om Birla formally recognized Congress party leader, Rahul Gandhi as Leader of the Opposition (LoP) in the 18th Lok Sabha (Lower House of the Parliament). - When was the National Insurance Awareness Day annually observed in India to raise awareness about the importance of taking insurance?
1) May 5
2) June 28
3) April 14
4) March 15
5) May 24Answer-2) June 28
Explanation:
National Insurance Awareness Day is annually observed on 28 June to raise awareness about the importance of insurance, a financial product, in protecting individuals, families, and businesses from financial risks.
• The day aims to educate people about different types of insurance policies and their benefits.
• The day also encourages everyone to review their current insurance policies and assess if they need any changes or additional coverage.
• According to the IRDAI, in the financial year 2023, India‘s insurance premium penetration accounted for 4% of the Gross Domestic Product (GDP), lower than the global average of 6.8%.
AffairsCloud Recommends Oliveboard Mock Test
AffairsCloud Ebook - Support Us to Grow
Govt Jobs by Category
Bank Jobs Notification