Daily Quiz on Current Affairs 2 September 2023 is very important for Competitive Exams like SSC, Railway, RRB, Banking, IBPS, PSC, UPSC, etc. Our Gkseries team have composed these Current Affairs Quizzes from Newspapers like The Hindu and other competitive magazines.
Daily Quiz on Current Affairs
1. When did the military officers in Gabon declare a coup and seize power?
(a) August 26, 2023
(b) August 31, 2023
(c) August 26, 2020
(d) August 31, 2020
Ans.(b)
Sol. On August 31, 2023, military officers in Gabon declared a coup and seized power. This event marked a significant political development in the country.
2. _____________ is the conservation status of the Himalayan Vulture?
(a) Endangered
(b) Critically Endangered
(c) Near Threatened
(d) Vulnerable
Ans.(c)
Sol. The Himalayan Vulture is categorized as ‘Near Threatened’ on the conservation status scale.
3. ___________ was the Reserve Bank of India’s (RBI) estimated growth rate for India’s real GDP in the first quarter of fiscal year 2023-2024?
(a) 6.1%
(b) 7.7%
(c) 7.8%
(d) 8.0%
Ans.(b)
Sol. The RBI’s Monetary Policy Committee (MPC) had estimated a growth rate of 7.7% for India’s real GDP in the first quarter of fiscal year 2023-2024.
4. ____________ is Vivad se Vishwas 2.0?
(a) A new tax scheme launched by the Department of Expenditure.
(b) A dispute resolution scheme for contractual disputes involving the government.
(c) An initiative to promote business-friendly policies in the finance sector.
(d) A program to encourage voluntary settlements in criminal cases.
Ans.(b)
Sol. Vivad se Vishwas 2.0 is a dispute resolution scheme launched by the Department of Expenditure under the Ministry of Finance to settle long-standing contractual disputes involving the government and government undertakings.
5. How many coups have taken place in West and Central Africa since 2020, including the one in Gabon?
(a) 2
(b) 4
(c) 6
(d) 8
Ans.(d)
Sol. There have been 8 coups in West and Central Africa since 2020. This reflects a concerning trend of democratic setbacks in the region, including the recent coup in Gabon.
6. ___________ was India’s GDP growth rate in the first quarter of the fiscal year 2023-2024?
(a) 6.1%
(b) 7.7%
(c) 7.8%
(d) 8.0%
Ans.(c)
Sol. India’s GDP growth rate in the first quarter of the fiscal year 2023-2024 was 7.8%, reflecting a strong economic performance during that period.
7. _________ was the S&P Global India Services PMI reading for July 2023?
(a) 62.3
(b) 58.5
(c) 13
(d) 23
Ans.(a)
Sol. The S&P Global India Services PMI reached a 13-year high of 62.3 in July 2023, indicating a significant expansion in activity levels.
8. Which of the following media outlet has secured the media rights, including digital and TV broadcasting, for India’s domestic matches and BCCI-hosted tournaments for the next five years?
(a) Sony Sports Network
(b) Star Sports
(c) Viacom 18
(d) ESPN
Ans.(c)
Sol. Viacom 18 is the media outlet that has successfully acquired the media rights for India’s domestic matches and BCCI-hosted tournaments. This includes both digital and TV broadcasting rights, marking a significant development in the media landscape for cricket in India.
9. Which of the following regulations introduced the late submission fee for failing to report overseas investments within the prescribed timeframe?
(a) RBI’s Foreign Exchange Management (Export and Import) Regulations, 2021
(b) RBI’s Foreign Exchange Management (Remittance of Funds) Regulations, 2022
(c) RBI’s Foreign Exchange Management (Transfer of Money) Regulations, 2023
(d) RBI’s Foreign Exchange Management (Overseas Investment) Regulations, 2022
Ans.(d)
Sol. The late submission fee was introduced by RBI’s Foreign Exchange Management (Overseas Investment) Regulations, 2022.
10. As of the end of July in the 2023-24 financial year, what was India’s fiscal deficit in absolute terms?
(a) Rs 5.83 lakh crore
(b) Rs 6.06 lakh crore
(c) Rs 6.40 lakh crore
(d) Rs 5.50 lakh crore
Ans.(b)
Sol. The fiscal deficit as of the end of July in the 2023-24 financial year was Rs 6.06 lakh crore.
