Current Affairs Quiz: March 19, 2024
- Who, as the Chief Election Commissioner, announced the launch of the ‘Know Your Candidate’ (KYC) app, which enables voters to check for any criminal records of electoral candidates ahead of Lok Sabha polls?
A) Rajiv Kumar
B) Sunil Arora
C) Amit Shah
D) Narendra Modi
E) None of the above
- In which city of Jammu and Kashmir did the first ever event of hosting the inaugural Formula 4 race alongside the scenic Dal Lake unfold?
A) Jammu City
B) Srinagar
C) Pahalgam
D) Leh
E) None of the above
- In which country did the ceremony take place where Uday Bhatia of Delhi and Manasi Gupta of Haryana were honored with the prestigious Diana Legacy Awards?
A) India
B) United States
C) United Kingdom
D) Australia
E) None of the above
- At which venue did Odisha CM Naveen Patnaik inaugurate India’s first Indoor Athletics and Aquatic Center, along with laying the foundation stone for the Indoor Diving Centre?
A) Jawaharlal Nehru Stadium, Delhi
B) Eden Gardens, Kolkata
C) Kalinga Stadium, Bhubaneswar
D) Wankhede Stadium, Mumbai
E) None of the above
- According to Reserve Bank of India data, what is the current total value of India’s foreign exchange reserves as of March 8, 2024?
A) $536.1 billion.
B) $636.1 billion.
C) $736.1 billion.
D) $836.1 billion.
E) None of the above
- Who has been appointed as the new chairperson of the Central Board of Secondary Education (CBSE) as part of a senior-level bureaucratic reshuffle?
A) Nidhi Chhibber
B) Rahul Singh
C) Sameer Sharma
D) Deepak Mishra
E) None of the above
- What recent initiative has Aditya Birla Sun Life AMC Limited (ABSLAMC) undertaken to enhance investor engagement and satisfaction across their digital platforms?
A) Launching a new series of mutual funds
B) Introducing MyMutualFundGPT, an information tool
C) Partnering with a fintech company for investment management
D) Expanding their customer service team for better support
E) None of the above
- Which prominent general insurance provider recently introduced “Travel Guard Plus,” a comprehensive travel insurance product with a variety of package options?
A) Allianz Travel
B) TATA AIG General Insurance Company Limited
C) Liberty Mutual Insurance
D) Geico Insurance
E) State Farm Insurance
- Which collaboration aims to broaden the use of factoring solutions for MSMEs in India, demonstrating the potential of invoice factoring to reduce working capital requirements and improve credit availability?
A) Cashinvoice and HDFC Bank
B) Paytm and ICICI Bank
C) Cashinvoice and SBI Global Factors Limited
D) PhonePe and Axis Bank
E) None of the above
- Which NBFC recently introduced a business loan named “PRAGATI,” specifically designed for female entrepreneurs, demonstrating its commitment to women’s empowerment by offering a 50% reduction on processing expenses for loans granted until March 31, 2024?
A) HDFC Bank
B) ICICI Bank
C) U GRO Capital Limited
D) Axis Bank
E) None of the above
- Which private sector general insurer has teamed up with the non-banking finance company Dvara KGFS to provide a comprehensive range of general insurance products, with the goal of boosting insurance penetration in rural parts of India?
A) ICICI Lombard General Insurance
B) HDFC ERGO General Insurance
C) Royal Sundaram General Insurance
D) Bajaj Allianz General Insurance
E) None of the above
- Which regulatory change by the Reserve Bank of India (RBI) is expected to boost the adoption and usage of the National Common Mobility Card (NCMC)?
A) Allowing cash withdrawals up to ₹3,000 without KYC
B) Permitting NCMC usage for online shopping up to ₹3,000 without KYC
C) Increasing the credit limit for NCMC holders to ₹3,000 without KYC
D) Allowing issuance of NCMC with a limit of ₹3,000 without KYC
E) None of the above
- Which milestone did the Ministry of Micro, Small and Medium Enterprises (MSMEs) achieve as of March 15, indicating progress in the formalization initiative?
A) Crossing four crore registered enterprises on Udyam and UAP
B) Establishing a new policy framework for MSMEs
C) Launching a nationwide campaign for MSME awareness
D) Implementing digital payment solutions for MSMEs
E) None of the above
- Which fintech company recently received approval from the National Payments Corporation of India (NPCI) to operate as a Third-Party Application Provider (TPAP) under the UPI multi-bank model?
A) PhonePe
B) Google Pay
C) Paytm (One97 Communications Limited)
D) Amazon Pay
E) None of the above
- What is the loan amount provided by India’s Export-Import Bank to facilitate the acquisition of two new aircraft by the Guyana Defence Force?
A) $20 million
B) $25 million
C) $23.27 million
D) $30 million
E) $40 million
- What is the primary objective of the Signals Technology Evaluation and Adaptation Group (STEAG) recently established by the Indian Army?
A) To develop advanced weaponry for combat operations
B) To undertake research and evaluation of futuristic communication technologies
C) To enhance medical facilities for soldiers on the battlefield
D) To train personnel in traditional warfare tactics
E) None of the above
- Which bilateral tri-service exercise is scheduled between India and the US from March 18 to 31, aimed at enhancing interoperability for Humanitarian Assistance and Disaster Relief (HADR) operations?
A) Tiger Strike
B) Lion Courage
C) Tiger Triumph-24
D) Eagle Response
E) None of the above
- What is the value of the block deal involving the sale of Tata Consultancy Services (TCS) shares by Tata Sons, the holding company of the Tata Group?
A) ₹9,362.3 crore ($1.13 billion)
B) ₹1,000 crore ($150 million)
C) ₹5,000 crore ($750 million)
D) ₹12,000 crore ($1.8 billion)
E) None of the above
- Who has been appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of Poonawalla Fincorp, a non-banking financial corporation (NBFC)?
A) Aditya Puri
B) Chanda Kochhar
C) Arvind Kapil
D) Uday Kotak
E) None of the above
- Which bank has pledged a contribution of ₹100 crore towards the National Cancer Grid (NCG) to support initiatives such as the establishment of a national tumour biobank and a cancer teleconsultation network?
A) HDFC Bank
B) ICICI Bank
C) Axis Bank
D) State Bank of India
E) None of the above
- With whom did the Ministry of Rural Development, Government of India, sign a Memorandum of Understanding (MoU) for technical assistance in implementing inclusive development under DAY NRLM?
A) World Bank
B) UNICEF
C) J-PAL South Asia
D) Asian Development Bank
E) None of the above