4July MCQ : Current Affairs Quiz 4July 2023
In this article, we will discuss all the important Current Affairs MCQs of 4 July with full explanations. Where we will discuss the daily current affairs quiz’s questions and answers. So read all the important 4 July MCQs carefully.
Current Affairs Quiz / 4 July MCQ Current Affairs
4 July Current Affairs MCQ – Questions
1. Who has been reappointed as the Solicitor General of India for a three-year term?
(a) R. Venkataramani
(b) KM Nataraj
(c) Tushar Mehta
(d) Balbir Singh
2. Which currency-denominated debt constituted the largest component of India’s external debt?
(a) Indian rupee
(b) US dollar
(c) Euro
(d) Yen
3. Which ministry announced a reduction in the Goods and Services Tax (GST) for electronic items?
(a) Ministry of Home Affairs
(b) Ministry of Finance
(c) Ministry of Commerce and Industry
(d) Ministry of Electronics and Information Technology
4. Who has been granted an extension as Ambassador and Permanent Representative of India to the World Trade Organization (WTO)?
(a) Brajendra Navnit
(b) Ramesh Sharma
(c) Deepa Patel
(d) Rajesh Kumar
5. What does fiscal deficit represent?
(a) Total government revenue
(b) Total government expenditure
(c) Difference between total expenditure and revenue
(d) Borrowings by the government
6. From where will Chandrayaan-3 be launched?
(a) Chandipur, India
(b) Sriharikota, India
(c) Thumba, India
(d) Bengaluru, India
7. What did Chandrayaan-1 discover on the Moon’s surface?
(a) Presence of water molecules
(b) Alien life forms
(c) Helium-3 fuel reserves
(d) Lunar volcanoes
8. What was the total external debt of India at the end of March 2023?
(a) $624.1 billion
(b) $624.7 billion
(c) $619.1 billion
(d) $619.7 billion
9. World Sports Journalist Day is celebrated worldwide on July 2nd each year. Is there a specific theme for World Sports Journalist Day 2023?
(a) Yes, the theme is “Celebrating Sports Excellence”
(b) Yes, the theme is “Empowering Sports Journalists”
(c) Yes, the theme is “Inspiring Sports Media Professionals”
(d) No, there is no specific theme for this year
10. What is the estimated fiscal deficit at March-end 2024, as per the Budget?
(a) Rs 2.1 lakh crore
(b) Rs 6.25 lakh crore
(c) Rs 1.1 lakh crore
(d) Rs 17.86 lakh crore
11. What was the gross Goods and Services Tax (GST) collection in June 2023 in India?
(a) 1.61 crore
(b) 1.61 lakh crore
(c) 1.61 billion
(d) 1.61 trillion
12. What is the name given to the full moon in July 2023?
(a) Thunder Moon
(b) Berry Moon
(c) Salmon Moon
(d) Feather Moulting Moon
13. Ajit Pawar is currently serving as the Deputy Chief Minister of Maharashtra. Which party does Ajit Pawar belong to?
(a) Bharatiya Janata Party (BJP)
(b) Indian National Congress (INC)
(c) Shiv Sena
(d) Nationalist Congress Party (NCP)
14. What was the central government’s fiscal deficit as a percentage of the annual target at the end of May 2023?
(a) 11.8%
(b) 12.3%
(c) 13.9%
(d) 15.3%
15. What is the average monthly gross GST collection for the first quarter of FY22, FY23, and FY24?
(a) 1.10 lakh crore, 1.51 lakh crore, and 1.69 lakh crore, respectively
(b) 1.69 lakh crore, 1.51 lakh crore, and 1.10 lakh crore, respectively
(c) 1.51 lakh crore, 1.69 lakh crore, and 1.10 lakh crore, respectively
(d) 1.10 lakh crore, 1.10 lakh crore, and 1.10 lakh crore, respectively
4 July MCQs – Answers
1. (c)
Tushar Mehta has been reappointed as the Solicitor General of India for a three-year term by the Appointments Committee of Cabinet.
2. (b)
US dollar-denominated debt remained the largest component of India’s external debt, with a share of 54.6% at the end of March 2023.
3. (b)
The Union Finance Ministry recently announced a reduction in the Goods and Services Tax (GST) for electronic items on the sixth anniversary of the GST implementation on July 1.
4. (a)
Brajendra Navnit’s tenure as Ambassador and Permanent Representative of India to the WTO has been extended by nine months.
5. (c)
Fiscal deficit is the difference between the total expenditure and revenue of the government, indicating the amount of borrowing needed by the government.
6. (b)
Chandrayaan-3 will be launched from the Satish Dhawan Space Centre in Sriharikota. The launch date for Chandrayaan-3 is expected to be between July 12 and July 19.
7. (a)
Chandrayaan-1 discovered the presence of water molecules on the Moon’s surface, which was a significant finding.
8. (b)
India’s external debt has witnessed a slight increase, reaching USD 624.7 billion at the end of March 2023, according to data released by the Reserve Bank. However, the debt-to-GDP ratio has declined during the same period. Valuation gains resulting from the appreciation of the US dollar against major currencies, including the Indian rupee, yen, SDR, and euro, amounted to USD 20.6 billion.
9. (d)
There is no particular theme for the celebrations of World Sports Journalist Day this year. The purpose is to recognize the efforts of individuals involved in sports journalism.
10. (d)
As per the Budget, the estimated fiscal deficit at March-end 2024 is Rs 17.86 lakh crore.
11. (b)
The Ministry of Finance reported that the gross GST collection in June 2023 stood at? 1,61,497 crore.
12. (a)
The full moon in July 2023 is known as the Buck Moon, but it is also referred to as the Thunder Moon, Berry Moon, Salmon Moon, Feather Moulting Moon, and Raspberry Moon.
13. (d)
Ajit Pawar belongs to the NCP. Nationalist Congress Party (NCP) leader Ajit Pawar, who took oath as the Deputy chief minister of Maharashtra after joining the Eknath Shinde-led government, is the son of Sharad Pawar’s elder brother Anantrao.
14. (a)
According to the official data, the central government’s fiscal deficit at May-end 2023 stood at 11.8% of the full-year budget estimates.
15. (a)
The average monthly gross GST collection for the first quarter of FY22, FY23, and FY24 is? 1.10 lakh crore, ?1.51 lakh crore, and ? 1.69 lakh crore, respectively.
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