24August MCQ : Current Affairs Quiz 24August 2023
In this article, we will discuss all the important Current Affairs MCQs of 24 August with full explanations. Where we will discuss the daily current affairs quiz’s questions and answers. So read all the important 24 August MCQs carefully.
Current Affairs Quiz / 24 August MCQ Current Affairs
24 August Current Affairs MCQ – Questions
1. According to the report from the World Organisation for Animal Health (WOAH), how many countries have been affected by the African Swine Fever (ASF) virus since January 2021?
(a) 21 countries
(b) 32 countries
(c) 49 countries
(d) 57 countries
2. The 15th BRICS Summit aimed to enhance cooperation among emerging economies. Which city hosted the summit?
(a) Beijing
(b) Moscow
(c) New Delhi
(d) Johannesburg
3. Which regions have been affected by the spread of the African Swine Fever (ASF) virus?
(a) Africa and Oceania
(b) Europe and the Americas
(c) Asia, Europe, and Americas
(d) Asia, Africa, the Americas, Europe, and Oceania
4. What is the primary distinction between Irr I and Irr II subtypes of irregular galaxies?
(a) Number of stars
(b) Presence of a central black hole
(c) Concentration of star formation
(d) Symmetry of shape
(d) Became the youngest chess prodigy to win an international tournament
5. Which six countries have recently been included in the BRICS alliance?
(a) Mexico, Turkey, Nigeria, Indonesia, Australia, and Canada
(b) Argentina, Iran, United Arab Emirates, Saudi Arabia, Ethiopia, and Egypt
(c) Pakistan, Bangladesh, Vietnam, Malaysia, Philippines, and Thailand
(d) South Korea, Japan, Canada, Australia, Indonesia, and Turkey
6. What is the primary purpose of the diplomatic talks between Indian Prime Minister Modi and Greek Prime Minister Mitsotakis?
(a) Exploring avenues for trade growth
(b) Highlighting the role of the Indian diaspora
(c) Fostering cultural exchanges
(d) Solidifying the existing relationship between the two countries
7. What primarily contributes to the projected GDP growth rate of 8.5% for Q1 FY24 in India?
(a) Robust investment activity
(b) Strong external borrowings
(c) Supportive base effect and services sector recovery
(d) Favorable commodity prices
8. Why does ICRA’s Chief Economist estimate slightly lower GDP growth for the full fiscal year FY24 compared to RBI’s forecast?
(a) Strong performance of the services sector
(b) Uncertain monsoon patterns
(c) Government capital expenditure expansion
(d) Potential disruptions related to commodity prices and nearing elections
9. What is a significant factor that contributed to the resurgence of standalone Microfinance Institutions (MFIs) in microlending, enabling them to surpass banks?
(a) Favorable macroeconomic climate
(b) Removal of lending rate caps by the Reserve Bank of India
(c) Controlled credit costs
(d) High returns on total assets
10. Which state stands out as the top state in the microfinance sector in terms of Assets Under Management (AUM) according to the provided information?
(a) Tamil Nadu
(b) Karnataka
(c) Bihar
(d) Uttar Pradesh
11. What is the theme of Women’s Equality Day 2023, and why is it significant?
(a) “Striving for Justice”
(b) “Embrace Equity”
(c) “Breaking Barriers”
(d) “Empowerment for All”
12. What historical event is associated with the origin of Women’s Equality Day, and what does it commemorate?
(a) Ratification of the Eighteenth Amendment
(b) Passage of the Civil Rights Act
(c) Ratification of the Nineteenth Amendment
(d) Establishment of International Women’s Day
13. Who won the FIDE World Cup for the first time in their career?
(a) Rameshbabu Praggnanandhaa
(b) Magnus Carlsen
(c) Gukesh D
(d) Rameshbabu Praggnanandhaa and Magnus Carlsen jointly
14. What record did Rameshbabu Praggnanandhaa set in chess?
(a) Became the youngest grandmaster at the age of 10
(b) Became the youngest FIDE World Cup winner
(c) Became the youngest player to defeat Magnus Carlsen
15. Why is Indian Prime Minister Narendra Modi’s visit to Greece considered significant?
(a) He is the first Indian Prime Minister to visit Greece in 40 years.
(b) He is visiting Greece for economic collaboration only.
(c) He is meeting the Indian diaspora exclusively during his visit.
(d) He is visiting Greece to promote cultural exchanges.
24 August MCQs – Answers
1. (c)
The WOAH report states that the ASF virus has reached 49 countries since January 2021. This indicates the swift and widespread nature of the virus’s transmission, spanning across various continents and regions. The number of affected countries underscores the urgent need for effective biosecurity measures to prevent further spread.
2. (d)
The 15th BRICS Summit took place in Johannesburg, where leaders from Brazil, Russia, India, China, and South Africa gathered to enhance cooperation among these emerging economies.
3. (d)
The ASF virus has impacted pig populations in multiple regions, including Asia, Africa, the Americas, Europe, and Oceania. This global reach highlights the virus’s ability to transcend geographical boundaries and its potential to cause significant economic losses in the pig farming industry worldwide.
4. (c)
Irr I and Irr II are two subtypes of irregular galaxies that exhibit distinct characteristics. Irr I galaxies display pockets of more organized star formation, meaning that certain regions within the galaxy show a concentration of new stars being born. In contrast, Irr II galaxies lack such concentrated star formation regions, giving them a more chaotic and dispersed appearance. This difference in star formation activity is a key distinction between these two subtypes of irregular galaxies.
5. (b)
The expanded BRICS now welcomes Argentina, Iran, the United Arab Emirates, Saudi Arabia, Ethiopia, and Egypt into its fold. This move not only diversifies the alliance but also provides a platform for emerging economies from different regions to align their interests on the global stage.
6. (d)
The discussions between Prime Minister Modi and Prime Minister Mitsotakis are aimed at further solidifying the existing relationship between India and Greece. The talks cover various areas, including economic cooperation, defense collaboration, and people-to-people connections.
7. (c)
The projected GDP growth rate of 8.5% for Q1 FY24 is primarily attributed to the supportive base effect (comparison with a lower growth rate in the same period of the previous year) and the recovery of the services sector, which is expected to demonstrate continued catch-up in services demand and improved investment activity.
8. (d)
ICRA’s Chief Economist maintains a slightly lower estimate for FY24 GDP growth due to potential headwinds, including uncertain monsoon patterns and potential disruptions related to commodity prices. Additionally, the momentum of government capital expenditure is expected to be affected as the country approaches parliamentary elections, which could impact overall economic growth.
9. (b)
The resurgence of standalone MFIs in microlending and their ability to surpass banks was facilitated by the Reserve Bank of India’s removal of lending rate caps. This change empowered MFIs to adopt risk-based pricing strategies, leading to improved net interest margins (NIMs) and higher returns on total assets.
10. (c)
According to the provided information, Bihar holds the top position among states in the microfinance sector, with a market share of about 15% in terms of Assets Under Management (AUM).
11. (b)
The theme of Women’s Equality Day 2023 is “Embrace Equity.” This theme emphasizes the importance of achieving gender equality not just for economic growth but as a fundamental human right. It underscores the commitment to attaining genuine gender equality across all aspects of society.
12. (c)
Women’s Equality Day finds its origin in the ratification of the Nineteenth Amendment to the United States Constitution, which granted full suffrage to women. It commemorates not only the passage of this amendment but also the continuous efforts towards women’s full equality.
13. (b)
Magnus Carlsen won the FIDE World Cup for the first time in his career after defeating Rameshbabu Praggnanandhaa in the final.
14. (a)
Rameshbabu Praggnanandhaa became a grandmaster at the age of 12, making him the second-youngest at the time to achieve this feat. He also became an international master at the age of 10, which was a remarkable achievement in the world of chess.
15.(a)
Narendra Modi’s visit to Greece holds importance because he becomes the first Indian Prime Minister to set foot in the country in 40 years, making it a landmark diplomatic event.
Connect with us on Social Media | |
 | Facebook Page |
 | Facebook Group |
 | |
 | Youtube Channel |
 | Telegram Channel |
Bidyasagar Classes Address
Plot No-N-6-325, Biju Patnaik College Road, Infront of SBI, Jayadev Vihar, Bhubaneswar
Website: www.bidyasagar.com
Opening and closing hours: Monday to Sunday: 7 AM-9PM
e-Mail : bidyasagar.classes@gmail.com
Contact No. : 8917265768; 9337421183, 8093021183
