#141

CG Co manufactures product T with a budgeted output of 200 units for June. Each unit requires 6 labor hours. The company anticipates 20% idle time. If the labor rate is Rs 7 per hour, what is the direct labor cost budget?

(a) Rs. 10080

(b) Rs. 6,720

(c) Rs. 8400

(d) Rs. 10500

Explanation: The company needs 1,200 productive hours (200 units * 6 hours). With 20% idle time, the 1,200 hours represent 80% of the total paid hours. Total paid hours = 1,200 / 0.80 = 1,500 hours. At a rate of Rs 7 per hour, the total labor cost budget is 1,500 * 7 = Rs 10,500.

#142

A company purchased 8% bonds with a face value of Rs. 10,00,000 for Rs. 12,00,000 on January 1, 2003. Interest is paid semi-annually on June 30 and December 31. For the financial year ending March 31, 2003, what amount of accrued interest should be recognized?

(a) Rs. 40,000

(b) Rs. 20,000

(c) Rs. 60,000

(d) Rs. 80,000

Explanation: Interest is calculated on the face value of the bonds. The annual interest is 8% of Rs. 10,00,000, which equals Rs. 80,000. Since interest is paid semi-annually, the interest for three months (January to March) is calculated as (80,000 / 12) * 3 = Rs. 20,000. This represents the interest earned but not yet received by the company as of the balance sheet date.

#143

Partners A and B share profits equally. A withdraws Rs. 400 at the end of each month for the six-month period ending June 30, 2008. Calculate the interest on drawings at 5% per annum.

(a) Rs. 50

(b) Rs. 100

(c) Rs. 200

(d) Rs. 25

Explanation: Total drawings = 400 * 6 = 2,400. Average period = (Remaining months after first drawing + Remaining months after last drawing) / 2 = (5 + 0) / 2 = 2.5 months. Interest = 2,400 * 5% * (2.5 / 12) = 25. This calculation follows the standard method for interest on drawings when amounts are withdrawn at regular intervals over a specific period.

#144

On approximately June 21, the Sun is positioned directly overhead at which latitude?

(a) Tropic of Virgo

(b) Tropic of Cancer

(c) Tropic of Capricorn

(d) Tropic of Scorpio

Explanation: On the Summer Solstice, which occurs around June 21, the Earth's axial tilt causes the Sun to reach its northernmost point, appearing directly overhead at the Tropic of Cancer (23.5° North latitude). This event marks the longest day of the year in the Northern Hemisphere and the beginning of summer.

#145

Which researcher, in his initial survey report dated June 25, 1822, asserted that there was one school for every five hundred people in the Madras province?

(a) John Dewey

(b) William Adam

(c) Thomas Minro

(d) None of these

Explanation: Sir Thomas Munro, serving as the Governor of Madras, was instrumental in documenting the state of indigenous education. His 1822 survey is a primary historical source that provides evidence of the widespread nature of traditional schooling in the region, noting the density of schools relative to the population at that time.

#146

In which city was the 40th G7 summit held in June 2014?

(a) Berlin, Germany

(b) Copenhagen, Denmark

(c) Brussels, Belgium

(d) None of these

Explanation: The 40th G7 summit took place in Brussels, Belgium, on June 4–5, 2014. This summit was notable as it was the first time the G7 met in this format after the suspension of Russia from the G8 group following the annexation of Crimea.

#147

Which three former Soviet republics signed historic association agreements with the European Union on June 27, 2014, aimed at addressing their post-Soviet challenges of corruption and economic instability?

(a) Georgia, Moldova and Ukraine

(b) None of these

(c) Georgia, Moldova and Serbia

(d) Georgia, Estonia and Ukraine

Explanation: On June 27, 2014, Georgia, Moldova, and Ukraine signed Association Agreements with the European Union. These agreements were designed to foster closer political and economic ties, helping these nations transition away from their post-Soviet legacies by implementing reforms to combat corruption, improve governance, and integrate their economies more deeply with the European single market.

#148

Which nation became the most recent member to join the United Nations as of June 28, 2006?

(a) East Timor

(b) Montenegro

(c) Switzerland

(d) Kosovo

Explanation: Montenegro became the 192nd member state of the United Nations on June 28, 2006. This followed the dissolution of the State Union of Serbia and Montenegro, after a referendum in which the citizens of Montenegro voted for independence. The UN General Assembly approved the admission of Montenegro following the recommendation of the Security Council, marking its formal entry into the international community.

#149

In which city was the Group of 77 (G77) plus China summit held on June 14–15, 2014?

(a) Santa Cruz (Bolivia)

(b) None of these

(c) Santiago (Chile)

(d) Brasília (Brazil)

Explanation: The G77 plus China summit, marking the 50th anniversary of the group's founding, took place in Santa Cruz de la Sierra, Bolivia, in June 2014. The summit focused on themes of sustainable development, poverty eradication, and the need for a new global economic order that better represents the interests of developing nations in the international system.

#150

Which agreement was signed by the United States and the Soviet Union in June 1979 to limit the deployment of strategic offensive nuclear weapons?

(a) NPT

(b) PTBT

(c) SALT II

(d) SALT

Explanation: The Strategic Arms Limitation Talks II (SALT II) was a series of negotiations between the U.S. and the USSR. The treaty was signed in Vienna in June 1979 by Jimmy Carter and Leonid Brezhnev. It aimed to curtail the manufacture of strategic nuclear weapons, though it was never formally ratified by the U.S. Senate due to the Soviet invasion of Afghanistan later that year.

#151

What is the English translation of the military operation launched by American officials on June 25, known as Operation Khanjar?

(a) New Dawn

(b) None of them

(c) Panther’s Claw

(d) Strike of sword

Explanation: Operation Khanjar, or 'Strike of the Sword', was a major U.S. Marine-led offensive launched in Helmand Province, Afghanistan, in 2009. It was one of the largest and fastest-moving air assaults conducted by the U.S. military since the Vietnam War. The operation aimed to clear insurgent strongholds and establish a permanent security presence in areas that had previously been under the control of anti-government forces.

#152

In June 2010, U.S. General Stanley McChrystal resigned following controversial remarks in a Rolling Stone magazine interview. Where was he serving as the commander of U.S. forces at the time?

(a) Iraq

(b) Japan

(c) Afghanistan

(d) South Korea

Explanation: General Stanley McChrystal served as the commander of the International Security Assistance Force (ISAF) and U.S. Forces in Afghanistan. His resignation in June 2010 followed the publication of a Rolling Stone article that contained critical comments attributed to him and his staff regarding members of the Obama administration. This event marked a significant moment in the command structure of the war in Afghanistan.

#153

Which country's marines spearheaded the joint ISAF/ANA operation known as Operation New Dawn, launched on June 12, 2010?

(a) United States

(b) France

(c) Spain

(d) United Kingdom

Explanation: Operation New Dawn was a collaborative military effort between the International Security Assistance Force (ISAF) and the Afghan National Army (ANA). The operation was primarily led by the United States Marine Corps, which provided the tactical leadership and the majority of the international forces involved in the mission. This operation was part of the broader effort to stabilize contested regions in southern Afghanistan.

#154

Which individual held the office of President of Austria from June 9, 1965, to April 23, 1974?

(a) Adolf Scharf

(b) Franz Jonas

(c) Thomas Klestil

(d) Abulfez Elchibey

Explanation: Franz Jonas was an Austrian politician who served as the President of Austria from 1965 until his death in 1974. Before his presidency, he was the Mayor of Vienna. His tenure as president was characterized by a focus on social democratic policies and maintaining Austria's neutrality during the Cold War era.

#155

Which nation became the 19th member of the Eurozone and the final Baltic state to adopt the euro on January 1, 2015, following the European Commission's announcement in June 2014?

(a) Lithuania

(b) None of these

(c) Latvia

(d) Estonia

Explanation: Lithuania officially adopted the euro as its currency on January 1, 2015. This transition marked the completion of the Baltic states' integration into the Eurozone, following Estonia's adoption in 2011 and Latvia's in 2014. The European Commission confirmed Lithuania met the necessary convergence criteria in June 2014.

#156

At which port city did United States forces initiate their invasion of Cuba on June 22, 1898?

(a) Santiago

(b) Daiquiri

(c) Siboney

(d) Havana

Explanation: On June 22, 1898, U.S. troops landed at Daiquiri, a small port east of Santiago de Cuba. This landing was part of the broader campaign to capture the city of Santiago and defeat the Spanish forces stationed there, ultimately leading to the surrender of Spanish troops in the region and the end of the war in Cuba.

#157

Which European nation fell under Nazi occupation following a decisive military defeat in June 1940?

(a) Austria

(b) Finland

(c) France

(d) Poland

Explanation: In June 1940, France experienced a military defeat and signed the unconditional surrender agreement, known as the Compiègne Armistice, with Nazi Germany. As a result, France was divided into a puppet government in the south (known as Vichy France) and an underground resistance in the north. The correct answer, France, refers to the country falling to the Nazis during this period.

#158

What political institution was restored by the Charter of 1814, which was adopted on June 4, 1814?

(a) Parliament

(b) Monarchy

(c) Democracy

(d) None of these

Explanation: The Charter of 1814 was issued by Louis XVIII following the fall of Napoleon Bonaparte. It reestablished the Bourbon Monarchy in France, though it functioned as a constitutional monarchy that retained some of the administrative and legal reforms introduced during the revolutionary and Napoleonic eras, balancing royal authority with a bicameral legislature.

#159

What is the alternative historical designation for the French Constitution of June 24, 1793?

(a) None of these

(b) French Constitution

(c) Montagnard Constitution

(d) Japanese Constitution

Explanation: The Constitution of 1793, also known as the Constitution of the Year I, was drafted by the National Convention during the French Revolution. It is frequently called the Montagnard Constitution because it was championed by the Montagnards, the radical faction led by Robespierre, who sought to implement a highly democratic and egalitarian framework that was never fully put into practice.

#160

What political institution was restored by the Charter of 1814, adopted on June 4, 1814?

(a) None of these

(b) Democracy

(c) Parliament

(d) Monarchy

Explanation: The Charter of 1814, also known as the Charte constitutionnelle, was granted by King Louis XVIII of France following the fall of Napoleon. It re-established the Bourbon Monarchy while incorporating some constitutional elements, such as a bicameral legislature. This document represented a compromise between the absolute monarchy of the past and the revolutionary changes that had occurred in France since 1789.

June 2026 Current Affairs MCQs & Solutions

CG Co manufactures product T with a budgeted output of 200 units for June. Each unit requires 6 labor hours. The company anticipates 20% idle time. If the labor rate is Rs 7 per hour, what is the direct labor cost budget?

A company purchased 8% bonds with a face value of Rs. 10,00,000 for Rs. 12,00,000 on January 1, 2003. Interest is paid semi-annually on June 30 and December 31. For the financial year ending March 31, 2003, what amount of accrued interest should be recognized?

Partners A and B share profits equally. A withdraws Rs. 400 at the end of each month for the six-month period ending June 30, 2008. Calculate the interest on drawings at 5% per annum.

On approximately June 21, the Sun is positioned directly overhead at which latitude?

Which researcher, in his initial survey report dated June 25, 1822, asserted that there was one school for every five hundred people in the Madras province?

In which city was the 40th G7 summit held in June 2014?

Which three former Soviet republics signed historic association agreements with the European Union on June 27, 2014, aimed at addressing their post-Soviet challenges of corruption and economic instability?

Which nation became the most recent member to join the United Nations as of June 28, 2006?

In which city was the Group of 77 (G77) plus China summit held on June 14–15, 2014?

Which agreement was signed by the United States and the Soviet Union in June 1979 to limit the deployment of strategic offensive nuclear weapons?

What is the English translation of the military operation launched by American officials on June 25, known as Operation Khanjar?

In June 2010, U.S. General Stanley McChrystal resigned following controversial remarks in a Rolling Stone magazine interview. Where was he serving as the commander of U.S. forces at the time?

Which country's marines spearheaded the joint ISAF/ANA operation known as Operation New Dawn, launched on June 12, 2010?

Which individual held the office of President of Austria from June 9, 1965, to April 23, 1974?

Which nation became the 19th member of the Eurozone and the final Baltic state to adopt the euro on January 1, 2015, following the European Commission's announcement in June 2014?

At which port city did United States forces initiate their invasion of Cuba on June 22, 1898?

Which European nation fell under Nazi occupation following a decisive military defeat in June 1940?

What political institution was restored by the Charter of 1814, which was adopted on June 4, 1814?

What is the alternative historical designation for the French Constitution of June 24, 1793?

What political institution was restored by the Charter of 1814, adopted on June 4, 1814?