Current Affairs Quiz: April 28 & 29, 2024
- Where is the “Critical Minerals Summit: Enhancing Beneficiation and Processing Capabilities” scheduled to take place in April 2024?
A) Mumbai, Maharashtra
B) Chennai, Tamil Nadu
C) Hyderabad, Telangana
D) New Delhi, India
E) None of the above
- Which government initiative has disbursed Rs 147.82 crore in interest subsidy to street vendors as of March 31, since its inception in 2020?
A) PM CARES Fund
B) PM Kisan Samman Nidhi Yojana
C) PM SVANidhi scheme
D) PM Garib Kalyan Yojana
E) None of the above
- Which organization has inaugurated its office in Mumbai to bolster bilateral trade between Russia and India, particularly to assist numerous Russian entrepreneurs seeking partnerships in India?
A) Mumbai Chamber of Commerce and Industry
B) Indian Chamber of Commerce and Industry
C) Russian Chamber of Commerce and Industry
D) Indo-Russian Chamber of Commerce
E) None of the above
- In the context of expanding ties in the Middle East, which country is set to sign a trade deal with India in the upcoming months, as confirmed by two Indian government officials?
A) Saudi Arabia
B) United Arab Emirates
C) Oman
D) Qatar
E) None of the above
- What is the primary objective of the draft circular issued by the Reserve Bank of India regarding the aggregation of loan products by lending service providers (LSPs)?
A) To promote opacity in the credit intermediation process
B) To discourage transparency for borrowers
C) To propose a framework for increasing interest rates on loans
D) To ensure complete transparency for borrowers
E) None of the above
- The Reserve Bank of India (RBI) has issued criteria for small lenders to meet in order to become universal banks. What is the primary purpose of these criteria?
A) To limit the services provided by small lenders
B) To encourage small lenders to merge with larger banks
C) To facilitate the provision of comprehensive services to retail and corporate clients
D) None of these
E) To restrict the expansion of banking services to certain regions
- What is the main objective of the draft guidelines introduced by the Reserve Bank of India regarding digital lending?
A) To complicate the loan application process
B) To ensure anonymity of lenders
C) To bring transparency to loan aggregation
D) To limit access to loan products
E) None of the above
- The Reserve Bank of India (RBI) has directed which company to refund the prepaid funds held in the wallets of its customers due to issuing Prepaid Payment Instruments (Wallets) without proper authorization from the central bank?
A) TalkCharge
B) PhonePe
C) MobiKwik
D) Paytm
E) None of the above
- Which small finance bank is currently the only one among 11 small finance banks to meet the eligibility criteria set by the Reserve Bank of India (RBI) to apply for a universal banking license?
A) AU Small Finance Bank
B) Ujjivan Small Finance Bank
C) Equitas Small Finance Bank
D) ESAF Small Finance Bank
E) None of the above
- Which bank overtook Kotak Mahindra Bank to become India’s third most valued private lender?
A) HDFC Bank
B) ICICI Bank
C) Axis Bank
D) State Bank of India (SBI)
E) None of the above
- HDFC Life, a prominent insurer in India, has formed a corporate agency tie-up with which organization to distribute its life insurance products to customers?
A) Peerless Financial Products Distribution Ltd. (PFPDL)
B) ICICI Prudential Life Insurance
C) SBI Life Insurance
D) Max Life Insurance
E) None of the above
- What factor has led to the surge in issuances of commercial papers (CP) to touch a four-year high of Rs 1.2 lakh crore, according to a Crisil report?
A) Mandate from the Securities and Exchange Board of India (SEBI)
B) RBI’s directive to increase risk weights on bank loans to higher-rated NBFCs
C) Government’s stimulus package for corporate funding
D) Decrease in interest rates by the Reserve Bank of India (RBI)
E) None of the above
- What is the estimated GDP growth rate for the current fiscal year, as projected by the National Institute of Public Finance and Policy (NIPFP) using high-frequency models?
A) 6.5%
B) 7.1%
C) 7.5%
D) 8.0%
E) None of the above
- Who has been appointed as the ICC Men’s T20 World Cup 2024 Ambassador by the International Cricket Council (ICC)?
A) Sachin Tendulkar
B) Virat Kohli
C) Yuvraj Singh
D) MS Dhoni
E) None of the above
- Following the retirement of Chairman and Non-Executive Director A. Vellayan, who has been appointed as the Executive Chairman of Coromandel International Ltd. (CIL)?
A) Arun Alagappan
B) K. V. Krishnamurthy
C) S. P. Vasudevan
D) N. R. Narayana Murthy
E) Mukesh Ambani
- What is the estimated GDP growth rate for the current fiscal year, as projected by Deloitte India in its economic outlook report?
A) 5.5%
B) 6.6%
C) None of these
D) 7.0%
E) 8.0%
- Which port has recently received approval from the shipping ministry to operate as India’s first transshipment port?
A) Jawaharlal Nehru Port
B) Chennai Port
C) Vizhinjam Port (Adani Group)
D) Kolkata Port
E) None of the above
- Which leading industry body has introduced a Corporate Governance Charter specifically tailored for startups to serve as a self-governing code for compliance?
A) Federation of Indian Chambers of Commerce and Industry (FICCI)
B) Associated Chambers of Commerce and Industry of India (ASSOCHAM)
C) Confederation of Indian Industry (CII)
D) National Association of Software and Service Companies (NASSCOM)
E) None of the above
- Who has appointed two new members, A Ganesh Kumar and Debasis Kundu, to India’s National Statistical Commission after a one-year gap?
A) Ministry of Finance
B) Ministry of Statistics and Programme Implementation
C) Ministry of External Affairs
D) None of these
E) Ministry of Home Affairs
- What is the name of the long-range supersonic air-to-ground missile recently inducted by the Indian Air Force?
A) Spice-2000
B) Rampage
C) High-Speed Low Drag-Mark 2
D) Balakot
E) None of the above
- What is the name of the class of submarines that China has launched for its ally Pakistan, as part of a military cooperation agreement?
A) Karachi-class
B) WSIG-class
C) ToT-class
D) None of these
E) Hangor-class
- Subrahmanya Dhareshwar, known for his scintillating voice in Yakshagana, passed away at the age of 67 in Bengaluru. What title did he earn for his contributions to Yakshagana?
A) Yakshagana Ratna
B) Bhagavata Shrestha
C) Yakshagana Prabhakara
D) Bhagavata Nataka Bhushana
E) None of the above
- Who received a copy of the book ‘India’s Nuclear Titans’, edited by Soumya Awasthi and Shrabana Barua, and emphasized the importance of recognizing the contributions of nuclear titans by emerging generations?
A) Prime Minister Narendra Modi
B) Defense Minister Rajnath Singh
C) External Affairs Minister S Jaishankar
D) Finance Minister Nirmala Sitharaman
E) None of the above
- Where did the Council of Scientific & Industrial Research (CSIR)-Indian Institute of Petroleum (IIP) celebrate its 65th Foundation Day on April 27, 2024?
A) New Delhi
B) Hyderabad
C) Dehradun
D) Mumbai
E) None of the above