1 ALL EXAM ENGLISH QUIZ 26.07.2024 Daily Quiz 1 / 10 Q1. Who won his first Formula 2 sprint race at the Hungarian Grand Prix? Mahaveer Raghunathan Kush Maini Armaan Ebrahim Karun Chandhok Explanation: India's Kush Maini won his first Formula 2 sprint race at the Hungarian Grand Prix. On July 21, Kush Maini recorded his maiden win in the International Automobile Federation (FIA) Formula 2 Championship, becoming the second Indian to achieve the feat. The 23-year-old Indian driver inherited the position from Richard Verschoor, who was disqualified after the race for a technical infringement. The 23-year-old Invicta Racing driver added 10 points to her season tally after topping the podium. With victory at the Hungaroring on July 20, Maini overtook Mercedes junior driver Kimi Antonelli in the Formula 2 drivers' standings to move to P8 with 66 points. 2 / 10 Q2. Who has been appointed head coach of Indian men's football team? Petr Kratky Sergio Lobera Juan Ferrando Manolo Marquez Explanation: Manolo Marquez appointed head coach of Indian men's football team. On July 20, the appointment of Spaniard Manolo Marquez as the head coach of the Indian men's football team was announced by the All India Football Federation (AIFF). Currently, Marquez is the head coach of Indian Super League (ISL) team FC Goa. Through the 2024-25 season, Mr. Marquez will continue in his role as the first-team Head Coach at FC Goa, handling both responsibilities simultaneously before assuming the national coaching role on a full-time basis. Since 2020, Marquez has been coaching in India. He has coached two ISL clubs – his first stint was with Hyderabad FC (2020–23) before he moved to FC Goa (2023-present). In 2021–22, he is the ISL Cup winner with Hyderabad FC. 3 / 10 Q3. Which of the following statements is correct related to the Economic Survey 2023-24? 1. It projected GDP growth of 6.5–7 percent for FY25. The survey's predictions are lower than the Reserve Bank of India's 7.2 per cent but align with the forecast of the IMF. 2. Retail inflation decreased to 5.4 percent in FY24, down from 6.7 percent in FY23. Which of the above statement/statements are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Explanation: Finance Minister Nirmala Sitharaman presented the Economic Survey 2023-24 in the parliament. According to the Economic Survey 2023-24, the Indian economy will continue to expand amid geopolitical challenges. Key Highlights of the Economic Survey 2023-24 are It projected GDP growth of 6.5–7 percent for FY25. The survey's predictions are lower than the Reserve Bank of India's 7.2 per cent but align with the forecast of the IMF. Retail inflation decreased to 5.4 percent in FY24, down from 6.7 percent in FY23. FDI flow has declined from USD 47.6 billion in FY23 to USD 45.8 billion in FY24. The services sector grew by 7.6 percent in FY24, while the agriculture sector expanded by 4.18 percent over the past five years. The survey highlighted that global financial markets have scaled new heights in the past year, with investors betting on global economic expansion. Overall employment in unincorporated non-agricultural enterprises (excluding construction) fell to 10.96 crore from 11.1 crore in 2015-16. Public investment has been pivotal in sustaining capital formation, with the private sector also beginning to invest significantly since FY22. The trade deficit in FY24 was lower compared to FY23, with the current account deficit around 0.7% of GDP. The Government’s thrust on capex and sustained momentum in private investment has boosted capital formation growth. Bank credit growth was broad-based and double-digit. Gross and net non-performing assets (NPAs) reached multi-year lows. Primary capital markets facilitated capital formation of ₹10.9 lakh crore in FY24. The Economic Survey is an annual document presented by the government ahead of the Union Budget. It is prepared by the Economic Division of the Department of Economic Affairs in the Ministry of Finance under the supervision of the chief economic adviser. 4 / 10 Q4. Scientists of which country has developed a robot face with living skin? France Japan India United Kingdom Explanation: Japanese scientists developed a robot face with living skin. Japanese scientists have created a method to attach living skin tissue to robotic faces and make them "smile”. Researchers at the University of Tokyo grew human skin cells in the shape of a face. It is an important step towards building more life-like robots. 5 / 10 Q5. Who has been awarded the Olympic Order by the International Olympic Committee? Abhinav Bindra Neeraj Chopra PV Sindhu Deepika Kumari Explanation: Abhinav Bindra has been awarded the Olympic Order by the International Olympic Committee (IOC). He has been awarded for his outstanding contributions to the Olympic movement. He is the first Indian to win an individual gold at the Olympics. He won the gold at the 2008 Beijing Olympics in the men’s 10-meter air rifle event. Bindra is a member of the IOC Athletes Commission. He is the first Indian to receive this award. 6 / 10 Q6. How many MoUs did the Department of Empowerment of Persons with Disabilities sign with private institutions and start-ups? 72 70 74 75 Explanation: Department of Empowerment of Persons with Disabilities (DEPwD) has signed 72 MoUs with private institutions and start-ups. DEPwD has signed these MoUs to empower persons with disabilities socially, educationally and economically. During the signing of the MoUs, Union Minister of Social Justice and Empowerment, Dr. Virendra Kumar and Minister of State in the Ministry, B.L. Verma were present. The MoUs show the government’s commitment to persons with disabilities. Dr. Virendra Kumar said that the persons with disabilities have immense potential, they only need opportunities. 7 / 10 Q7. Which country has launched the Climate Finance Action Fund? Kenya South Africa Brazil Azerbaijan Explanation: Azerbaijan, the host of COP29 climate summit, launched a climate finance action fund. The “Climate Finance Action Fund" (CFAF) will receive annual contributions from fossil fuel-producing countries and companies. This fund will help developing countries as well as other countries to reach the 1.5C temperature target. Initially, $1 billion will be raised through members with annual contributions as fixed sums or based on production volume. The COP29 is set to be held in Baku between November 11 and 22 in 2024. 8 / 10 Q8. Who has been elected as the President of the Institute of Cost Accountants of India? Vibhuti Bhushan Nayak Nayab Singh Saini Vibhuti Singh Saini Nayab Bhushan Nayak Explanation: Bibhuti Bhusan Nayak has been elected unanimously as the new President of the Institute of Cost Accountants of India (ICMAI) for the 2024-25 period.He will succeed Ashwin Dalwadi, who was the president for the 2023-24 period. The election to elect the new president and vice president of the Institute of Cost Accountants of India for 2024-25 was held on 22 July 2024 in New Delhi. TCA Srinivasa Prasad has been elected as the vice president of the Institute of Cost Accountants of India for 2024-25 . 9 / 10 Q9. Krishnan Venkat Subramaniam has recently been appointed as the CEO and MD of which bank? Union Bank of India Yes Bank Federal Bank Punjab National Bank Explanation: The Reerve Bank of India (RBI) has approved the appointment of Krishnan Venkat Subramaniam as the Managing Director and Chief Executive Officer of Federal Bank. Subramaniam's three-year term will begin from September 23, 2024. Currently Shyam Srinivasan is the MD and CEO of the bank. 10 / 10 Q10. With whom has NITI Aayog recently collaborated for the Global South Innovation Program? World Bank World Economic Forum WIPO Google Explanation: NITI Aayog and the World Intellectual Property Organization (WIPO) have recently signed an agreement under the Global South Innovation Program. Under this program, a joint program will be run in the direction of innovation, entrepreneurship and intellectual property (IP) for the countries of the global south. Your score is LinkedIn Facebook Twitter VKontakte Post navigation UPSC EXAM QUIZ 25.07.2024 UPSC EXAM QUIZ 26.07.2024