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Daily Current Affairs 2 and 3 March 2024
| 6. | What is the purpose of the resolution adopted by the Nagaland legislative assembly regarding the Indo-Myanmar border? |
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A. To support the central government's decision to fence the border
B. To request Myanmar to strengthen border security measures
C. To express concerns and ask the Centre to reconsider the decision on fencing and suspending the Free Movement Regime (FMR) agreement
D. To propose economic collaborations with Myanmar to boost trade
View Answer Discuss Work SpaceAnswer: option c
Explanation:
The resolution adopted by the Nagaland legislative assembly reflects concerns and urges the central government to reconsider its decision to fence the Indo-Myanmar border and suspend the Free Movement Regime (FMR) agreement. It highlights the adverse impacts on historical, social, tribal, and economic ties caused by these measures.
| 7. | What was India’s Goods and Services Tax (GST) collection in February 2024, and how does it compare to the previous year? |
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A. Rs 1.68 lakh crore, a decrease of 12.5%
B. Rs 1.68 lakh crore, an increase of 12.5%
C. Rs 1.68 lakh crore, no change from the previous year
D. Rs 1.68 lakh crore, an increase of 5%
View Answer Discuss Work SpaceAnswer: option b
Explanation:
India’s Goods and Services Tax (GST) collection in February 2024 was Rs 1.68 lakh crore, marking a significant increase of 12.5% compared to the same month in the previous year. This surge reflects robust growth in tax revenues, as highlighted by the finance ministry.
| 8. | What was India’s manufacturing PMI in February 2024, and what does it indicate? |
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A. 48.4, indicating contraction in the manufacturing sector
B. 50.5, indicating stagnation in the manufacturing sector
C. 56.9, indicating expansion in the manufacturing sector
D. 62.0, indicating a decline in the manufacturing sector
View Answer Discuss Work SpaceAnswer: option c
Explanation:
India’s manufacturing PMI reached 56.9 in February 2024, marking its highest level in five months. A PMI above 50 indicates expansion in the manufacturing sector. This continuous expansion streak for the 32nd consecutive month signifies sustained growth and economic activity in the manufacturing domain.
| 9. | What was the total amount of India’s forex reserves reported by the Reserve Bank of India (RBI) for the week ending February 23, 2024? |
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A. $619.072 billion
B. $548.188 billion
C. $645 billion
D. $2.975 billion
View Answer Discuss Work SpaceAnswer: option a
Explanation:
India’s forex reserves reported by the Reserve Bank of India (RBI) for the week ending February 23, 2024, amounted to $619.072 billion. This notable increase reflects the country’s robust foreign exchange reserves, which contribute to its economic stability and resilience in the global financial landscape.
| 10. | Google has partnered with which organization to combat online misinformation and deepfakes? |
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A. Facebook
B. Twitter
C. Shakti
D. UNESCO
View Answer Discuss Work SpaceAnswer: option c
Explanation:
Google has partnered with Shakti, a consortium of news publishers and fact-checkers, to combat online misinformation and deepfakes. This initiative aims at early detection of online misinformation and establishing a common repository for news publishers to effectively tackle such challenges.
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