Home » Daily Current Affairs Quiz – 10th Sep 2024

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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2024 of 10th Sep 2024. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2024 & other competitive exams can make use of these Current Affairs Quiz.

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1) Recently, which bank has partnered with Sohan Lal Commodity Management to launch ‘Unified Collateral Management Solutions’?

(a) Federal bank

(b) South Indian bank

(d) ICICI bank

(e) RBL bank

2) The Indian rupee was the second-worst-performing Asian currency in August 2024, trailing only the Bangladeshi taka, due to significant dollar demand and outflows from local markets. Which year did the rupee last demonstrate such steadiness, when it appreciated by 0.4%?

(a) 1991

(b) 1992

(d) 1994

(e) 1995

3) The World Bank has asked India to reconsider its regional integration policy, particularly its choice not to join the Regional Comprehensive Economic Partnership (RCEP), as part of its aim to attain how many trillion dollars in exports by 2030?

(a) $1trillion

(b) $2trillion

(d) $4trillion

(e) $5trillion

4) Which company has emerged as the second-most popular alternative payment option in the world?

(a) UPI

(b) Skrill

(d) Square

(e) Braintree

5) Which platform has announced the global launch of its new Payment Passkey Service, which improves the security and simplicity of online shopping?

(a) Razorpay

(b) PayU

(d) Mastercard

(e) Visa

6) As per the report, the POP has launched India’s first multi-brand co-branded card in collaboration with RuPay and which bank?

(a) Federal bank

(b) South Indian bank

(d) ICICI bank

(e) RBL bank

7) According to a report, Union MinisterAmit Shah presents a documentary about the 200-year history of Mumbai Samachar. Which language has Mumbai Samachar contributed significantly to the preservation of in journalism and the promotion of its usage in casual speech?

(a) Malayalam

(b) Gujarati

(d) Bengali

(e) English

8) To establish India as a leader in global fashion, the Union Ministry of Textiles has introduced the VisioNxt web platform. Giriraj Singh also introduced the ________________ Fashion Trend Book, which is exclusive to India.

(a) Paridhi 24×25

(b) Saridhi24x25

(d) Maridhi 24×25

(e) Baridhi 24×25

9) As per the report, Union minister S. Jaishankar, Minister of External Affairs, is to Attend the First-Ever Meeting of Foreign Ministers between India and the Gulf Cooperation Council (GCC). How many countries make up the GCC?

(a) 5

(b) 4

(d) 7

(e) 8

10) Which Indian state is the first to offer 24-hour access to the PDS, increasing efficiency and convenience?

(a) Sikkim

(b) Madhya Pradesh

(d) Gujarat

(e) West Bengal

11) Which top on-demand convenience platform in India has teamed up with the Ministry of Skill Development and Entrepreneurship (MSDE) to help people advance their careers?

(a) Zomato

(b) Swiggy

(d) Zepto

(e) Biggbasket

12) Which city honoured Swachh Vayu Diwas, the International Day of Clean Air for Blue Skies, on September 7, 2024?

(a) Kolkata

(b) New Delhi

(d) Chennai

(e) Jaipur

13) In the esteemed list of the 100 “Most Influential People in AI 2024,” published by TIME magazine, fifteen well-known Indian or Indian-origin people are listed. For the groundbreaking effort in creating digital infrastructure, TIME compares whom to “India’s Bill Gates”?

(a) Shiv Rao

(b) Rohit Prasad

(d) Nandan Nilekani

(e) Sundar Pichai

14) With over 95% of the vote, which nation’s current president, Abdelmadjid Tebboune, was re-elected?

(a) Yugoslavia

(b) Hong Kong

(d) South Africa

(e) Croatia

15) For which country has Arun Goel been named as India’s next ambassadorby the Ministry of External Affairs?

(a) Singapore

(b) Hong Kong

(d) South Africa

(e) Croatia

16) Which year did the International Association for Suicide Prevention (IASP) and the World Health Organization (WHO) establish World Suicide Prevention Day (WSPD), which is observed on September 10 every year?

(a) 2000

(b) 2001

(d) 2003

(e) 2005

17) Which country’s Tribhuvan International Airport saw IndiGo Airlines become the first Indian carrier to implement the required navigation, performance authorization, and flight procedure for safer landings?

(a) Bangladesh

(b) Nepal

(d) Myanmar

(e) Srilanka

18) When 37-year-old Moeen Ali realized he was no longer being considered for duties with which country, he made the decision to retire from international cricket?

(a) England

(b) Australia

(d) Srilanka

(e) Zimbabwe

19) At the Paralympics, India had its greatest-ever performance, taking home 29 medals (7 gold, 9 silver, and 13 bronze). India’s position in the medal table was _______.

(a) 18th

(b) 17th

(d) 24th

(e) 25th

20) Which nation’s Jannik Sinner won the US Open after defeating Taylor Fritz, an American?

(a) Russia

(b) Italy

(d) China

(e) Denmark

Answers :

1) Answer: B

Short Explanation:

South Indian Bank and Sohan Lal Commodity Management (SLCM) have announced a collaboration to deliver “Unified Collateral Management Solutions,” aimed at supporting farmers and other stakeholders within the agricultural ecosystem.

Detailed Explanation:

This collaboration will facilitate access to post-harvest credit at competitive interest rates, while also providing scientific storage services and ensuring fair commodity pricing at marketplaces (mandis).

The partnership is aimed to tackle key challenges in the agricultural sector, particularly in post-harvest storage and financing.

By merging South Indian Bank’s financial expertise with SLCM’s collateral management and warehousing solutions, the collaboration is set to offer a seamless experience to both farmers and agri-businesses.

2) Answer: D

Short Explanation:

The Indian rupee was the second-worst-performing Asian currency in August 2024 after the Bangladeshi taka due to strong dollar demand and outflows from domestic equities.

Historical Context: The last time the rupee exhibited such stability was in 1994 when it appreciated by 0.4%

Detailed Explanation:

The Indian rupee was the second-worst-performing Asian currency in August 2024 after the Bangladeshi taka due to strong dollar demand and outflows from domestic equities.

It depreciated by 0.2% during the month.

The two were the only Asian currencies that experienced a decline against the US dollar over the month.

The rupee settled at Rs 83.86 per dollar.

Current Financial Year (FY25): The rupee has depreciated by 0.6% so far in the current financial year.

It was the third most stable Asian currency against the US dollar in FY24, following the Hong Kong dollar and Singapore dollar.

Historical Context: The last time the rupee exhibited such stability was in 1994 when it appreciated by 0.4%

3) Answer: A

Short Explanation:

The World Bank, urged India to re-evaluate its regional integration strategy, including its decision not to join the Regional Comprehensive Economic Partnership (RCEP), as part of its plan to achieve the $1 trillion export target by 2030.

RCEP Members: The RCEP consists of 10 ASEAN members (Brunei, Cambodia, Indonesia, Malaysia, Myanmar, Singapore, Thailand, the Philippines, Laos, and Vietnam) along with six Free Trade Agreement (FTA) partners (China, Japan, South Korea, Australia, and New Zealand).

Detailed Explanation:

Re-evaluating Trade Strategy: As other South Asian economies explore trade agreements outside the region, India may need to reassess its position on regional integration, particularly regarding RCEP.

India’s Existing FTAs: India already has functional FTAs with 13 out of 15 RCEP members, with the exceptions being China and New Zealand

4) Answer: B

Short Explanation:

Unified Payments Interface (UPI), which has emerged as the world’s most popular alternative payments method (APM), processed transactions to the tune of ₹80.8 lakh crore ($964 billion) in April-July 2024, a sharp 37% year-on-year (y-o-y) surge compared to the same timeframe the previous year.

Skrill has emerged as the second-most popular alternative payment method in the world.

Detailed Explanation:

Skrill has emerged as the second-most popular alternative payment method in the world.

Skrill processes 1,553.8 transactions per second and processed 49 billion transactions in 2023.

Pix is the 3rd-most popular alternative payment method worldwide, processing 1,331.8 transactions per second.

Pix is an online instant payment platform introduced by the Central Bank of Brazil in late 2020.

It was created to make payments and money transfers more convenient and universal for the people of Brazil.

5) Answer: D

Short Explanation:

Mastercard has announced the worldwide launch of its new Payment Passkey Service to enhance the security and convenience of online shopping.

The service has been introduced in India as a pilot program with major payment players, including payment aggregators Juspay, Razorpay, and PayU, as well as online merchants like Bigbasket and banks such as Axis Bank.

Detailed Explanation:

Mastercard has announced the worldwide launch of its new Payment Passkey Service to enhance the security and convenience of online shopping.

Payment passkeys use device-based biometric authentication methods, such as fingerprints or facial scans, to streamline online shopping experiences.

This service replaces traditional passwords and OTPs, making transactions faster and more secure.

The Payment Passkey Service aims to improve security against fraud and scams while simplifying the transaction process.

6) Answer: C

Short Explanation:

POP, a fintech enabler for direct-to-consumer brands started by former Flipkart employees, has introduced India’s first multi-brand co-branded credit card developed in collaboration with RuPay and Yes Bank.

Detailed Explanation:

This launch coincides with POP surpassing one million UPI transactions and aims to leverage the power of the RuPay network to make credit on UPI easier for its network of users.

The credit card was launched at the Global Fintech Festival (GFF) in the presence of Mr. Nalin Bansal- Chief of Corporate and Fintech Relationships at NPCI and Mr. Amit Sinha- Head of credit card sales and partnerships at Yes Bank.

7) Answer: B

Short Explanation:

Event: Release of the “200 Not Out” documentary celebrating 200 years of the newspaper Mumbai Samachar.

Celebrated for its 200-year history, Mumbai Samachar is the oldest newspaper in Asia and the third oldest in the world.

Mumbai Samachar has played a significant role in preserving the Gujarati language in journalism and encouraging its use in everyday conversation.

Detailed Explanation:

Event: Release of the “200 Not Out” documentary celebrating 200 years of the newspaper Mumbai Samachar.

Date: September 8, 2024

Location: Mumbai, Maharashtra

Chief Guest: Union Home Minister and Minister of Cooperation, Shri Amit Shah

Other Dignitaries: Chief Minister of Maharashtra, Shri Eknath Shinde

Celebrated for its 200-year history, Mumbai Samachar is the oldest newspaper in Asia and the third oldest in the world.

Known for its credibility and neutrality, it has maintained its journalistic integrity without aligning with any ideology.

The newspaper has covered important historical events such as the 1857 Revolution, the formation of Congress, and various movements led by Indian freedom fighters.

Mumbai Samachar has played a significant role in preserving the Gujarati language in journalism and encouraging its use in everyday conversation.

8) Answer: A

Short Explanation:

The Union Ministry of Textiles has launched the VisioNxt web portal to establish India as a global fashion leader.

The VisioNxt web portal was launched by the Union Minister of Textiles, Giriraj Singh, at a function in New Delhi on 5 September 2024.

Giriraj Singh also launched the India-specific Fashion Trend Book ‘Paridhi 24×25’.

Detailed Explanation:

The Union Ministry of Textiles has launched the VisioNxt web portal to establish India as a global fashion leader.

The web portal will use information technology to provide India-specific real-time trend insights for the Indian fashion industry.

This service is expected to benefit India’s textile and apparel industry greatly.

It will help establish India as a leader in the global fashion sector and reduce its dependence on foreign fashion forecasting agencies.

The VisioNxt web portal was launched by the Union Minister of Textiles, Giriraj Singh, at a function in New Delhi on 5 September 2024.

Giriraj Singh also launched the India-specific Fashion Trend Book ‘Paridhi 24×25’.

The VisioNxt web portal has been developed by the National Institute of Fashion Technology (NIFT) under the Union Ministry of Textiles.

The VisioNxt is now located in the NIFT Chennai campus.

9) Answer: C

Short Explanation:

External Affairs Minister S. Jaishankar attended the first India-Gulf Cooperation Council (GCC) Foreign Ministers’ Meeting in Riyadh on September 08 & 09, 2024 to strengthen ties between India and the Gulf nations.

About GCC :

Established in 1981, the GCC promotes economic, security, cultural and social cooperation between the six states.

The GCC is an influential grouping comprising the United Arab Emirates, Bahrain, Saudi Arabia, Oman, Qatar and Kuwait.

It holds a summit every year to discuss cooperation and regional affairs.

Detailed Explanation:

India-GCC Trade:The total trade volume between India and GCC countries stood at USD 184.46 billion in FY 2022-23, highlighting the economic significance of the partnership.

Minister’s Tour:Jaishankar’s visit to Riyadh is part of his three-nation tour, which includes stops in Germany and Switzerland.

About GCC :

Established in 1981, the GCC promotes economic, security, cultural and social cooperation between the six states.

The GCC is an influential grouping comprising the United Arab Emirates, Bahrain, Saudi Arabia, Oman, Qatar and Kuwait.

It holds a summit every year to discuss cooperation and regional affairs.

10) Answer: C

Short Explanation:

The United Nations World Food Programme (WFP) and the Government of Odisha launched India’s first around-the-clock grain dispensing machine, the ‘Grain ATM,’ also known as ‘Annapurti’ (Hindi for fulfiller of food), in the state capital Bhubaneswar.

Odisha is the first state in India to provide round-the-clock access to the PDS, enhancing convenience and efficiency.

Detailed Explanation:

Odisha is the first state in India to provide round-the-clock access to the PDS, enhancing convenience and efficiency.

Operational Features: The ‘Grain ATM’ operates 24 hours a day, allowing beneficiaries to access public distribution system (PDS) grains at any time.

It can dispense up to 50 kilograms of grain within five minutes, reducing waiting times by 70%.

Impact on Food Security: The initiative is part of efforts to strengthen nutritional security under the National Food Security Act (NFSA).

11) Answer: B

Short Explanation:

Swiggy, India’s leading on-demand convenience platform, has partnered with the Ministry of Skill Development and Entrepreneurship (MSDE) to launch “Swiggy Skills.”

The initiative aims to provide skilling and employment opportunities within Swiggy’s expansive food delivery and quick commerce network.

Detailed Explanation:

Swiggy, India’s leading on-demand convenience platform, has partnered with the Ministry of Skill Development and Entrepreneurship (MSDE) to launch “Swiggy Skills.”

The initiative aims to provide skilling and employment opportunities within Swiggy’s expansive food delivery and quick commerce network.

Integration with MSDE’s Skill India Digital Hub (SIDH) to offer online courses, certifications, and training modules for Swiggy’s delivery partners and restaurant staff.

Facilitating job placements for individuals trained under MSDE’s programs in operational roles across retail, logistics, and F&B sectors within Swiggy’s ecosystem.

Recruiting 3,000 individuals across India for various roles in Swiggy’s quick commerce operations.

12) Answer: E

Short Explanation:

The International Day of Clean Air for Blue Skies, also known as Swachh Vayu Diwas, was observed on September 7, 2024, in Jaipur.

A video showcased the National Clean Air Program (NCAP), contributions from various agencies, and improvements in air quality across 131 NCAP cities.

Detailed Explanation:

The International Day of Clean Air for Blue Skies, also known as Swachh Vayu Diwas, was observed on September 7, 2024, in Jaipur.

A video showcased the National Clean Air Program (NCAP), contributions from various agencies, and improvements in air quality across 131 NCAP cities.

Sapling Plantation: 100 saplings were planted under the “Ek Ped Maa ke Naam” campaign at ‘Matri Van’, Jaipur Exhibition and Convention Centre.

Award Categories and Winners:

Category-1 (Population over 10 Lakhs): Surat, Jabalpur, and Agra.

Category-2 (Population between 3 and 10 Lakhs): Firozabad, Amravati, and Jhansi.

Category-3 (Population under 3 Lakhs): Raebareli, Nalgonda, and Nalagarh.

13) Answer: D

Short Explanation:

TIME magazine’s prestigious list of the 100 “Most Influential People in AI 2024,” released, includes 15 prominent Indian or Indian-origin individuals.

Recognition: TIME likens Nilekani to “India’s Bill Gates” for his transformative work in building digital infrastructure.

Detailed Explanation:

TIME magazine’s prestigious list of the 100 “Most Influential People in AI 2024,” released, includes 15 prominent Indian or Indian-origin individuals. Key names featured are:

Ashwini Vaishnaw: Union Information Technology Minister of India.

Nandan Nilekani: Co-founder of Infosys.

Anil Kapoor: Renowned Indian actor.

Sundar Pichai: CEO of Google.

Satya Nadella: CEO of Microsoft.

Recognition: TIME likens Nilekani to “India’s Bill Gates” for his transformative work in building digital infrastructure.

14) Answer: C

Short Explanation:

Algeria’s incumbent President Abdelmadjid Tebboune has been re-elected with almost 95% of the vote.

Detailed Explanation:

Algeria’s incumbent President Abdelmadjid Tebboune has been re-elected with almost 95% of the vote.

More than 5.3 million people voted for Tebboune.

Official preliminary results gave Tebboune 95% of the vote, enough to avoid a second round run-off, with Abdelaali Hassani Cherif getting 3% and Youcef Aouchiche 2%.

Turnout was 48%.

Tebboune, backed by the military, was facing only nominal opposition from Hassani Cherif, a moderate Islamist, and Aouchiche, a moderate secularist.

15) Answer: E

Short Explanation:

Arun Goel has been appointed as India’s next ambassador to Croatia, according to the Ministry of External Affairs.

Arun Goel is a retired bureaucrat who previously served as the Election Commissioner of India.

Detailed Explanation:

Arun Goel has been appointed as India’s next ambassador to Croatia, according to the Ministry of External Affairs.

Arun Goel is a retired bureaucrat who previously served as the Election Commissioner of India.

He was appointed as Election Commissioner in November 2022 and resigned in March 2024.

Before his role as EC, he retired voluntarily from the Indian Administrative Service (IAS) as a 1985-batch officer of the Punjab cadre.

Diplomatic relations between India and Croatia were established on July 9, 1992, following Croatia’s independence from Yugoslavia.

16) Answer: D

Short Explanation:

World Suicide Prevention Day (WSPD): Observed annually on September 10 since 2003, WSPD was established by the International Association for Suicide Prevention (IASP) in collaboration with the World Health Organization (WHO).

Theme for 2024-2026: “Changing the Narrative on Suicide”

Detailed Explanation:

Public Health Challenge: Suicide is a significant public health issue, with over 700,000 deaths worldwide each year.

Theme for 2024-2026: “Changing the Narrative on Suicide”

Call to Action: “Start the Conversation”

17) Answer: B

Short Explanation:

IndiGo Airlines has become the first Indian carrier to adopt the Required Navigation Performance Authorisation Required (RNP AR) flight procedure for operations in Kathmandu- Nepal, which enables safer and more efficient landings at the Tribhuvan International Airport, which is nestled in a valley surrounded by the Himalayas.

Detailed Explanation:

IndiGo Airlines has become the first Indian carrier to adopt the Required Navigation Performance Authorisation Required (RNP AR) flight procedure for operations in Kathmandu, which enables safer and more efficient landings at the Tribhuvan International Airport, which is nestled in a valley surrounded by the Himalayas.

Geographical Challenges:Tribhuvan International Airport is located in a valley surrounded by the Himalayas at an elevation of 4,390 feet above sea level.

The airport features a table-top runway and narrow passes, requiring extra caution from pilots during take-off and landing.

Safety Improvements:The RNP AR system provides improved safety assurance compared to traditional flight approaches, which have been used for a long time but are less suited for high-altitude and complex terrain.

18) Answer: A

Short Explanation:

Moeen Ali, at 37 years old, decided to retire from international cricket after recognizing that he was no longer in consideration for England’s future assignments.

Detailed Explanation:

Moeen Ali, at 37 years old, decided to retire from international cricket after recognizing that he was no longer in consideration for England’s future assignments.

He felt it was time for the next generation to take over and acknowledged the team’s need to rebuild ahead of upcoming tournaments like the ICC Champions Trophy 2025 and the ICC Men’s T20 World Cup 2026.

International Debut: Moeen Ali made his international debut in 2014 against the West Indies.

Contributed to England’s victories in the 2019 Cricket World Cup and the 2022 T20 World Cup.

19) Answer: A

Short Explanation:

India achieved its best-ever performance at the Paralympics, winning a total of 29 medals (7 gold, 9 silver, and 13 bronze).

The tally of 29 medals and 7 gold medals set new records for India, surpassing the previous best of 19 medals and 5 golds from the Tokyo 2020 Paralympics.

India finished 18th on the medal table, an improvement from 24th place in Tokyo.

Detailed Explanation:

India achieved its best-ever performance at the Paralympics, winning a total of 29 medals (7 gold, 9 silver, and 13 bronze).

The tally of 29 medals and 7 gold medals set new records for India, surpassing the previous best of 19 medals and 5 golds from the Tokyo 2020 Paralympics.

India finished 18th on the medal table, an improvement from 24th place in Tokyo.

Indian women athletes made significant contributions, winning 11 medals (including one in mixed team events). This marked a substantial increase compared to previous Games.

Historic Achievements

First Medals in Track Events: India won its first-ever Paralympic medals in sprint events, with Preethi Pal, Deepthi Jeevanji, and Simran making history.

New Champions and Sports: Kapil Parmar won bronze in blind judo, adding a new sport to India’s Paralympic achievements.

First Gold in Archery: Harvinder Singh secured India’s first gold medal in archery, setting a benchmark for future competitions.

20) Answer: B

Short Explanation:

Jannik Sinner (Italy) defeated American Taylor Fritz to win U.S Open

Jannik Sinner becomes the first Italian man to win the U.S. Open and claims his second Grand Slam title after winning the Australian Open earlier this year.

Detailed Explanation:

Jannik Sinner (Italy) defeated American Taylor Fritz to win U.S Open

Jannik Sinner becomes the first Italian man to win the U.S. Open and claims his second Grand Slam title after winning the Australian Open earlier this year.

Dominant Performance: Sinner delivered a powerful display from the baseline, controlling the match with his aggressive style.

First Set: Broke Fritz twice, winning 6-3.

Second Set: Maintained momentum and capitalized on break opportunities, winning 6-4.

Third Set: Despite Fritz breaking back, Sinner ultimately prevailed by breaking Fritz again to secure the title.