The purpose of the Daily Current Affairs 18 January 2024 MCQ and Quiz on BestHai.in is to provide a valuable resource for competitive exam preparation. It offers questions based on the most recent national and international events, helping you stay updated and practice for exams like UPSC, SSC, Banking, and Placement exams.
Daily Current Affairs 18 January 2024
| 6. | Which insurance company overtook the State Bank of India (SBI) to become the most valuable PSU? |
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A. HDFC Life
B. LIC (Life Insurance Corporation of India)
C. ICICI Prudential
D. New India Assurance
View Answer Discuss Work SpaceAnswer: option b
Explanation:
LIC surpassed the market capitalization of the State Bank of India (SBI), becoming the most valuable PSU.
| 7. | Why did the Indian government reduce the windfall tax on domestically-produced crude oil? |
|---|
A. To increase government revenue
B. In response to global economic concerns
C. To discourage crude oil production
D. As a result of declining crude oil prices
View Answer Discuss Work SpaceAnswer: option b
Explanation:
The reduction in windfall tax on crude oil is in response to global economic concerns and aims to address challenges posed by soaring crude oil prices.
| 8. | What does Guru Gobind Singh Jayanti commemorate? |
|---|
A. Birth anniversary of a political leader
B. Founding of a social organization
C. Birth anniversary of the tenth Sikh Guru
D. Establishment of a religious pilgrimage
View Answer Discuss Work SpaceAnswer: option c
Explanation:
Guru Gobind Singh Jayanti commemorates the birth anniversary of the tenth Sikh Guru, Guru Gobind Singh Ji.
| 9. | According to the Global Firepower’s Military Strength Rankings for 2024, which country ranks fourth in military strength? |
|---|
A. China
B. Russia
C. United States
D. India
View Answer Discuss Work SpaceAnswer: option d
Explanation:
India ranks fourth in the Global Firepower’s Military Strength Rankings for 2024.
| 10. | According to the Edelman Trust Barometer 2024, which sector in India has the highest level of trust? |
|---|
A. Government
B. Businesses
C. Media
D. NGOs (Non-Governmental Organizations)
View Answer Discuss Work SpaceAnswer: option b
Explanation:
The Edelman Trust Barometer 2024 reveals that India has the highest trust in businesses, followed by NGOs, media, and government.
Daily Current Affairs 18 January 2024 FAQ
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