Daily Current Affairs Quiz With Answers : 28 Jun 2024

Ques:1

**Which of the following statements accurately describes a characteristic of option contracts that is not true for futures contracts?**

a) They can be settled by physical delivery of the underlying asset. b) They provide the holder with limited downside risk. c) They are traded on regulated exchanges. d) They can be used to hedge against price fluctuations.

Ques:2

**Which of the following statements about Employee Stock Ownership Plans (ESOPs) is not correct?**

a) ESOPs provide employees with an ownership interest in the company. b) ESOPs always result in immediate vesting of shares for all employees. c) ESOPs can serve as a corporate finance tool for companies. d) ESOPs may offer tax advantages to both the company and employees.

Ques:3

**Which of the following is not typically considered a direct advantage of a country's sovereign bonds being listed on the JP Morgan index?**

a) Increased visibility to international investors b) Potential reduction in the country's borrowing costs c) Guaranteed protection against currency devaluation d) Improved liquidity of the bonds in the secondary market

Ques:4

“Amna Bint Basheer v CBSE (2016)”, “Aishat Shifa v. The State of Karnataka and Ors.”, and “Fathima Tasneem v State of Kerala (2018)” cases were associated with which one of the followings?

Ques:5

Consider the following countries

Peru

Paraguay

Brazil

Venezuela

Colombia

Chile

Argentina

How many of the above-mentioned countries share a land border with ‘Bolivia’?

Ques:6

Consider the following statements with reference to Parvati river

It is a major tributary of Ravi river.

It originates from the Man Talai Glacier in Tibet.

The river is very well known for carrying silver ore in the river sand.

How many of the above statements is/are correct?

Ques:7

Which of the following statements about the Protection of Children from Sexual Offences (POCSO) Act is not true?

a) The Act defines a child as any person below the age of 18 years. b) It provides explicit definitions for offences like sexual assault and child pornography. c) Punishments under the Act are uniform regardless of the severity of the offence. d) The Act mandates reporting of offences and makes non-reporting a specific offence.

Ques:8

According to Marxist theory, the concept of "alienation" refers to:

a) Economic inequality among social classes b) Exploitation of labor by capitalists c) Estrangement of individuals from their labor and its products d) Class struggle and revolution

Ques:9

Which feature distinguishes Stryker Infantry Carrier Vehicles (ICVs) from other armored fighting vehicles?

a) They are amphibious and can operate in water. b) They are equipped with air-to-ground missile systems. c) They are designed for rapid mobility on diverse terrains. d) They are armed with tank cannons for heavy artillery support.

Ques:10

What is the primary purpose of a currency swap?

a) Speculative trading on currency exchange rates b) Hedging against currency exchange rate fluctuations c) Generating fixed income from interest rate differentials d) Funding international trade transactions

28-Jun-24: UPSC Current Affairs Daily Quiz With Answers

Which of the following statements accurately describes a characteristic of option contracts that is not true for futures contracts?

Which of the following statements about Employee Stock Ownership Plans (ESOPs) is not correct?

Which of the following is not typically considered a direct advantage of a country's sovereign bonds being listed on the JP Morgan index?