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Banking QuizCA Quizzes (English)

Current Affairs Quiz: April 27, 2024

  1. During the 6th edition of the International Conference on Disaster Resilient Infrastructure, organized by CDRI, where did Prime Minister Narendra Modi deliver his address?
    A) Gateway of India, Mumbai
    B) Rashtrapati Bhavan, New Delhi
    C) Jantar Mantar, Jaipur
    D) Bharat Mandapam, New Delhi
    E) Victoria Memorial, Kolkata
    View Answer
    Option D
    Explanation:

    The Prime Minister, Narendra Modi addressed the 6th edition of the International Conference on Disaster Resilient Infrastructure, which was organized by CDRI(Coalition For Disaster Resilient Infrastructure)at Bharat Mandapam in New Delhi.
  2. Which messaging platform did Chief Justice of India (CJI) DY Chandrachud announce that the Supreme Court would debut on, offering advocates information about cause lists, case filings, and case listings directly via messages?
    A) Telegram
    B) WhatsApp
    C) Signal
    D) WeChat
    E) None of the above
    View Answer
    Option B
    Explanation:

    Chief Justice of India (CJI) DY Chandrachud announced that the Supreme Court will debut on WhatsApp, providing information about cause lists, case filings, and case listings directly to advocates via WhatsApp messages.
  3. Who initiated the open tender for engaging an Agency to conduct a market study on “Artificial Intelligence (AI) and Competition”?
    A) Ministry of Commerce and Industry
    B) NITI Aayog
    C) None of these
    D) Competition Commission of India (CCI)
    E) Indian Institute of Science (IISc)
    View Answer
    Option D
    Explanation:

    The Competition Commission of India (CCI) has floated an open tender for engagement of an Agency to conduct market study on “Artificial Intelligence (AI) and Competition”.
  4. Which organization announced the launch of a new Climate Resilience Fund aimed at aiding “refugees and displaced communities” affected by climate change?
    A) World Bank
    B) International Monetary Fund (IMF)
    C) United Nations
    D) Red Cross
    E) None of the above
    View Answer
    Option C
    Explanation:

    The United Nations said it was launching a new Climate Resilience Fund aimed at boosting protections for “refugees and displaced communities” threatened by climate change.
  5. Which countries recently conducted a multilateral maritime exercise off the coast of the Philippine province of Palawan?
    A) Philippines, Germany, and China
    B) Philippines, France, and the United Kingdom
    C) Philippines, France, and the United States
    D) Philippines, Japan, and Australia
    E) None of the above
    View Answer
    Option C
    Explanation:

    The Philippines, France and the United States held a multilateral maritime exercise off the coast of the Philippine province of Palawan.
  6. Based on a report by NetApp, which country leads in AI adoption, with 70% of companies having AI projects operational or in progress?
    A) China
    B) United States
    C) India
    D) United Kingdom
    E) None of the above
    View Answer
    Option C
    Explanation:

    India heads the pack as an AI leader, with 70 per cent of companies having AI projects up and running, or in motion. This is in stark contrast with the global average of 49 per cent, according to a report by NetApp.
  7. Which list did the US Trade Representative (USTR) include India in, along with countries like China, Russia, and Venezuela, due to alleged issues related to intellectual property (IP) protection and enforcement?
    A) Watch List
    B) Priority Watch List
    C) Special Concern List
    D) Enforcement Priority List
    E) None of the above
    View Answer
    Option B
    Explanation:

    The US Trade Representative (USTR) has once again included India in the ‘priority watch list’ of countries, along with China, Russia, Venezuela, and three others, for alleged problems related to IP protection and enforcement, and has said there will be particularly intense bilateral engagement on the matter during the coming year.
  8. During the financial year ending March 31, 2024, what was the total first-year premium or new business premium of life insurers?
    A) ₹3,70,543 crore
    B) ₹3,77,960 crore
    C) ₹3,77,600 crore
    D) ₹3,70,960 crore
    E) None of the above
    View Answer
    Option B
    Explanation:

    The first-year premium or new business premium of life insurers increased 2 per cent to ₹3,77,960 crore in the financial year ended March 31, 2024, compared with ₹3,70,543 crore in the previous financial year.
  9. Which new feature was launched by PhonePe’s Indus Appstore, offering support for 10 Indian languages along with English?
    A) Video Calling
    B) Augmented Reality (AR)
    C) Voice Search
    D) Facial Recognition
    E) None of the above
    View Answer
    Option C
    Explanation:

    PhonePe’s Indus Appstore, a homegrown app marketplace, announced the launch of its Voice Search feature, available in 10 Indian languages in addition to English.
  10. Which company announced the launch of the “country’s first upgradable ATM,” which can be transformed into a high-performance cash recycling machine (CRM) at any time?
    A) Hitachi Payment Services
    B) State Bank of India
    C) HDFC Bank
    D) ICICI Bank
    E) None of the above
    View Answer
    Option A
    Explanation:

    Hitachi Payment Services, one of the leading names in payments and commerce solutions, announced, the launch of the “country’s first upgradable ATM.”The company said that the upgradable ATM can be transformed into a high-performance cash recycling machine (CRM) at any point in time.
  11. Which two entities recently signed a Memorandum of Understanding (MoU) for the supply of nine lakh metric tons of limestone over a five-year period?
    A) Rashtriya Ispat Nigam Limited (RINL) and Hindalco Industries
    B) NTPC Limited and Tata Steel
    C) NTPC Limited and Rashtriya Ispat Nigam Limited (RINL)
    D) None of these
    E) Adani Power and Steel Authority of India Limited (SAIL)
    View Answer
    Option C
    Explanation:

    An MoU has been signed between power major NTPC Limited and Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Visakhapatnam Steel Plant for supply of nine lakh MT of limestone for five years.
  12. According to a UNCTAD report, what was the percentage increase in India’s services exports in 2023?
    A) 8.9%
    B) 10.1%
    C) 11.9%
    D) 12.5%
    E) 11.4%
    View Answer
    Option E
    Explanation:

    India’s services exports jumped 11.4 per cent to $345 billion in 2023 despite global economic uncertainties, while China’s shipments from the sector contracted by 10.1 per cent to $381 billion, according to a UNCTAD report.
  13. Which financial services firm received approval from Sebi to launch India’s first non-cyclical index fund, named the Nifty Non-Cyclical Consumer Index Fund?
    A) Groww
    B) Zerodha
    C) Paytm Money
    D) Upstox
    E) None of the above
    View Answer
    Option A
    Explanation:

    Financial services firm Groww has got Sebi approval to launch Nifty Non-Cyclical Consumer Index Fund through new fund offering (NFO). The scheme will be benchmarked against the Nifty Non-Cyclical Consumer Index (Total Return Index). This will be India’s first non-cyclical index fund and will be launched by Groww Mutual Fund, Groww’s AMC business.
  14. In 2023, India surpassed which country in the sale of electric three-wheelers, reaching over 5.8 lakh units?
    A) Japan
    B) China
    C) Germany
    D) United States
    E) None of the above
    View Answer
    Option B
    Explanation:

    India overtook China in sale of electric three-wheelers in 2023, at over 5.8 lakh units, according to a report by the International Energy Agency (IEA). Electric 3W sales grew 65 per cent year-on-year, with government financial incentives helping lower prices.
  15. Which organization partnered with Hinduja Global Ltd.’s broadband subsidiary, CelerityX, to address connectivity challenges faced by cooperative credit societies in Maharashtra?
    A) National Bank for Agriculture and Rural Development (NABARD)
    B) Maharashtra State Cooperative Bank (MSCB)
    C) Reserve Bank of India (RBI)
    D) Maharashtra State Cooperative Credit Societies Federation (MAFCOCS)
    E) None of the above
    View Answer
    Option D
    Explanation:

    Hinduja Global Ltd.announced that its broadband subsidiary, CelerityX, the enterprise networking solutions business of OneOTT Entertainment Ltd. introduced OneX, a network-as-a-service solution encompassing network management, security, and LAN-side control.
    This launch coincides with CelerityX’s partnership with the Maharashtra State Cooperative Credit Societies Federation (MAFCOCS) to address connectivity challenges faced by cooperative credit societies in Maharashtra.

  16. Which site has become the first to receive formal recognition from the National Accreditation Board for Testing and Calibration Laboratories (NABL) for its temporary laboratory for testing aggregates and concrete?
    A) Bandra Kurla Complex, Mumbai
    B) Cyber City, Hyderabad
    C) Connaught Place, Delhi
    D) None of these
    E) GIFT City, Gujarat
    View Answer
    Option E
    Explanation:

    A temporary site laboratory for testing aggregates and concrete at construction sites at GIFT City in Gujarat has become the first such laboratory to receive a formal “recognition” from the National Accreditation Board for Testing and Calibration Laboratories (NABL).
  17. Which company has partnered with FIFA as its Major Worldwide Partner exclusively in the energy category, with a deal extending until the end of 2027?
    A) ExxonMobil
    B) Shell
    C) BP
    D) Saudi Aramco
    E) None of the above
    View Answer
    Option D
    Explanation:

    Saudi Arabia’s oil and gas giant Aramco has entered into a global partnership with world football governing body FIFA. Aramco has become FIFA’s Major Worldwide Partner exclusively in the energy category.
  18. What recent development has the Centre made regarding the Authorised Economic Operator (AEO) status, extending it to the gem and jewellery sector and granting it to which organization, the apex body of the sector?
    A) Indian Diamond Institute (IDI)
    B) Gem & Jewellery Export Promotion Council (GJEPC)
    C) Gemological Institute of America (GIA)
    D) None of these
    E) All India Gems and Jewellery Trade Federation (GJF)
    View Answer
    Option B
    Explanation:

    The Centre has extended Authorised Economic Operator (AEO) status to the gem and jewellery sector, the Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the sector.
  19. In the fiscal year 2023-24, what was the percentage increase in the country’s drugs and pharmaceuticals exports compared to the previous fiscal year?
    A) 3.67%
    B) 6.67%
    C) 9.67%
    D) 12.73%
    E) 14.03%
    View Answer
    Option C
    Explanation:

    The country’s drugs and pharmaceuticals exports increased 9.67 per cent year-on-year to USD 27.9 billion in 2023-24, even as the total exports dipped by 3 per cent in the last fiscal.
  20. Who clinched the gold medal in the men’s 3,000-meter steeplechase event at the 21st Asian U20 Athletics Championships in Dubai?
    A) Ekta Dey
    B) Arjun Patel
    C) Priya Malik
    D) Abhishek Yadav
    E) Rohit Kumar
    View Answer
    Option A
    Explanation:

    In Athletics, Indian athletes dominated the men’s and women’s 3,000 metre steeplechase events at the 21st Asian U20 Athletics Championships to swell the gold medal tally to three on the second day of competitions in Dubai.
    Ekta Dey claimed gold in the women’s 3,000 metre steeplechase with a time of 10:31.92 seconds, while Ranvir Singh was victorious in the men’s competition, winning the gold medal in 9:22.62 seconds.
  21. At the World Shooting Para Sport tournament in Changwon, Korea, which Indian para-shooter secured a gold medal in the women’s 10m air rifle event?
    A) Amir Ahmed Bhatt
    B) Rakesh Kumar
    C) Mona Aggarwal
    D) Sunita Singh
    E) None of the above
    View Answer
    Option C
    Explanation:

    In Para-Shooting, Indian para-shooter Mona Aggarwal claimed a gold medal in women’s 10m air rifle while Army man Amir Ahmed Bhatt secured a silver in 25m pistol at the World Shooting Para Sport tournament in Changwon, Korea.
  22. Who has been appointed as the ambassador for the ICC Women’s T20 World Cup Qualifier, supported by Dream11?
    A) Sachin Tendulkar
    B) Sana Mir
    C) Mithali Raj
    D) Ellyse Perry
    E) None of the above
    View Answer
    Option B
    Explanation:

    The International Cricket Council (ICC) is pleased to announce Pakistan legend, Sana Mir, as ambassador for the ICC Women’s T20 World Cup Qualifier, supported by Dream11.
  23. Who was recently elected as the chairman of the Wrestling Federation of India’s Athletes’ Commission, following a process mandated by the sport’s world governing body?
    A) Yogeshwar Dutt
    B) Sakshi Malik
    C) Sushil Kumar
    D) Narsingh Pancham Yadav
    E) None of the above
    View Answer
    Option D
    Explanation:

    Former Commonwealth Games gold-medallist Narsingh Pancham Yadav was elected chairman of the Wrestling Federation of India’s Athletes’ Commission, completing a process that was mandated by the sport’s world governing body.
  24. What is the name of the latest version of Microsoft’s ‘lightweight’ AI model, described as part of the Phi-3 family and touted as the most capable and cost-effective small language models (SLMs)?
    A) Phi-3-Mega
    B) Phi-3-Lite
    C) Phi-3-Mini
    D) Phi-3-Pro
    E) None of the above
    View Answer
    Option C
    Explanation:

    A few days after Meta unveiled its Llama 3 Large Language Model (LLM), Microsoft unveiled the latest version of its ‘lightweight’ AI model – the Phi-3-Mini. Microsoft has described the Phi-3 as a family of open AI models that are the most capable and cost-effective small language models (SLMs) available.
  25. What was the name of the recent mission launched by China, which sent three astronauts aboard the “Divine vessel” spacecraft to the Tiangong space station?
    A) Long March-2F
    B) Tiangong-1
    C) Chang’e-5
    D) Shenzhou-18
    E) None of the above
    View Answer
    Option D
    Explanation:

    A team of three astronauts, launched aboard a rocket as part of China’s Shenzhou-18 mission, heading towards the Tiangong space station in low earth orbit, according to Chinese space authorities. This marks the most recent mission in Beijing’s space programme, which is working towards sending astronauts to the Moon by 2030.
    The Shenzhou-18 spacecraft, also known as the “Divine vessel,” along with its three passengers, launched atop a Long March-2F rocket from the Jiuquan Satellite Launch Centre in northwest China.

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