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Daily Current Affairs 11 and 12 July 2024


6. Which country was crowned the most affordable for expatriates in 2024?

A. India

B. Vietnam

C. Thailand

D. Philippines

Discuss Work Space

Answer: option b

Explanation:

According to a 2024 study by InterNations, Vietnam was named the most affordable destination for expatriates for the fourth consecutive year.

7. Which country did Ireland surpass to become the fourth most preferred destination for FPIs routing funds into India?

A. Singapore

B. Japan

C. Mauritius

D. Hong Kong

Discuss Work Space

Answer: option c

Explanation:

As of June 30, 2024, Ireland overtook Mauritius to become the fourth most preferred destination for Foreign Portfolio Investors (FPIs) routing funds into India.

8. Which Indian state was awarded the title of best state in horticulture at the Agriculture Leadership Awards 2024?

A. Kerala

B. Maharashtra

C. Nagaland

D. Uttar Pradesh

Discuss Work Space

Answer: option c

Explanation:

Nagaland was awarded the title of best state in horticulture at the Agriculture Leadership Awards 2024 for its innovative agricultural practices.

9. What significant change did the RBI make regarding the Liberalised Remittance Scheme (LRS) in 2024?

A. Increase in remittance limits

B. Inclusion of cryptocurrency transactions

C. Allowance of fixed deposits in dollars at GIFT IFSC

D. Introduction of new tax benefits

Discuss Work Space

Answer: option c

Explanation:

The RBI expanded the scope of remittances to International Financial Services Centres (IFSCs) under the LRS, allowing resident Indians to open fixed deposits in dollars at GIFT IFSC.

10. Which exercise is the Indian Air Force participating in at Base Darwin, Australia, in 2024?

A. Exercise Cope India

B. Exercise Red Flag

C. Exercise Pitch Black

D. Exercise Malabar

Discuss Work Space

Answer: option c

Explanation:

The Indian Air Force is participating in Exercise Pitch Black 2024, hosted by the Royal Australian Air Force at Base Darwin, Australia.


Daily Current Affairs 11 and 12 July 2024 FAQ

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