The Daily Current Affairs Quiz questions are based on various national and regional newspapers including government news sources.
The questions are framed on happenings around you to enhance your competitiveness for news based concepts and facts
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Question 1 of 5
1. Question
India is considering removing the import tax on which U.S. energy product to boost purchases and reduce its trade surplus with the United States?
Correct
Answer: C) Liquefied Natural Gas (LNG)
Explanation: India is contemplating the removal of import duties on U.S. LNG to enhance imports and address the trade surplus with the U.S., which stood at $45.4 billion last year. This initiative aligns with India’s commitment to increase U.S. energy purchases by $10 billion to $25 billion in the near future.
Incorrect
Answer: C) Liquefied Natural Gas (LNG)
Explanation: India is contemplating the removal of import duties on U.S. LNG to enhance imports and address the trade surplus with the U.S., which stood at $45.4 billion last year. This initiative aligns with India’s commitment to increase U.S. energy purchases by $10 billion to $25 billion in the near future.
Question 2 of 5
2. Question
In which Indian region did a recent gunbattle result in the deaths of at least four police officers and three suspected militants?
Correct
Answer: B) Jammu and Kashmir
Explanation: A prolonged gunbattle in the Kathua district of Jammu and Kashmir led to the deaths of at least four police officials and three suspected militants. The confrontation began after security forces acted on intelligence about insurgents hiding in a forested area.
Incorrect
Answer: B) Jammu and Kashmir
Explanation: A prolonged gunbattle in the Kathua district of Jammu and Kashmir led to the deaths of at least four police officials and three suspected militants. The confrontation began after security forces acted on intelligence about insurgents hiding in a forested area.
Question 3 of 5
3. Question
What is India’s Unified Payment Interface (UPI) seeking from the Financial Action Task Force (FATF) regarding cross-border payments?
Correct
Answer: B) Reduced compliance requirements
Explanation: India is requesting that the FATF ease compliance requirements for cross-border payments made through its UPI system. This move aims to facilitate the use of UPI by Indians traveling abroad and to make the international payments market more competitive.
Incorrect
Answer: B) Reduced compliance requirements
Explanation: India is requesting that the FATF ease compliance requirements for cross-border payments made through its UPI system. This move aims to facilitate the use of UPI by Indians traveling abroad and to make the international payments market more competitive.
Question 4 of 5
4. Question
How many outbreaks of highly pathogenic H5N1 bird flu have been reported in Andhra Pradesh, according to recent reports?
Correct
Answer: C) Eight
Explanation: India has reported eight outbreaks of the highly pathogenic H5N1 bird flu in farms and backyard poultry in the eastern region of Andhra Pradesh, leading to the death or culling of approximately 602,000 poultry.
Incorrect
Answer: C) Eight
Explanation: India has reported eight outbreaks of the highly pathogenic H5N1 bird flu in farms and backyard poultry in the eastern region of Andhra Pradesh, leading to the death or culling of approximately 602,000 poultry.
Question 5 of 5
5. Question
What fiscal deficit did India record for the April-February period, as a percentage of the full-year target?
Correct
Answer: C) 85.8%
Explanation: India’s fiscal deficit for the April-February period reached 13.47 trillion rupees, accounting for 85.8% of the annual target. Net tax receipts during this period were 20.16 trillion rupees, indicating growth from the previous year’s 18.49 trillion rupees.
Incorrect
Answer: C) 85.8%
Explanation: India’s fiscal deficit for the April-February period reached 13.47 trillion rupees, accounting for 85.8% of the annual target. Net tax receipts during this period were 20.16 trillion rupees, indicating growth from the previous year’s 18.49 trillion rupees.