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Daily Current Affairs 3 February 2024


6. What percentage of Rs 2,000 notes have been successfully reintegrated into the banking system?

A. 90%

B. 95%

C. 97.50%

D. 99%

Discuss Work Space

Answer: option c

Explanation:

According to the Reserve Bank of India, 97.50% of the Rs 2,000 notes in circulation have been successfully reintegrated into the banking system.

7. At what price is the 'Bharat' brand rice being offered in the retail market?

A. ₹20/kg

B. ₹25/kg

C. ₹29/kg

D. ₹32/kg

Discuss Work Space

Answer: option c

Explanation:

The 'Bharat' brand rice is being offered at ₹29 per kg in the retail market through cooperatives such as Nafed, NCCF, and Kendriya Bhandar.

8. What was the total value of UPI transactions in January according to NPCI data?

A. ₹15.5 trillion

B. ₹17.8 trillion

C. ₹18.4 trillion

D. ₹20.1 trillion

Discuss Work Space

Answer: option c

Explanation:

UPI transactions reached a record ₹18.41 trillion in value in January, according to data from the National Payments Corporation of India (NPCI).

9. With which life insurance company has ESAF Small Finance Bank partnered?

A. LIC (Life Insurance Corporation of India)

B. HDFC Life Insurance

C. Edelweiss Tokio Life Insurance

D. SBI Life Insurance

Discuss Work Space

Answer: option c

Explanation:

ESAF Small Finance Bank has partnered with Edelweiss Tokio Life Insurance to offer life insurance solutions to its customers, aiming to enhance financial security

10. What is the increased allocation for Sovereign Gold Bond (SGB) issuance in the fiscal year 2024-25?

A. ₹1,500 crore

B. ₹2,000 crore

C. ₹3,000 crore

D. ₹3,500 crore

Discuss Work Space

Answer: option d

Explanation:

The Indian government has increased the allocation for Sovereign Gold Bonds (SGB) issuance to ₹3,500 crore for the fiscal year 2024-25.


Daily Current Affairs 3 February 2024 FAQ

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