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Banking QuizCA Quizzes (English)

Current Affairs Quiz: April 3, 2024

  1. Which organization celebrated the 125th anniversary of the Kodaikanal Solar Observatory on April 1, 2024?
    A) Indian Space Research Organisation (ISRO)
    B) Indian Institute of Astrophysics (IIA)
    C) Indian Council of Agricultural Research (ICAR)
    D) Indian Institute of Science (IISc)
    E) None of the above
    View Answer
    Option B
    Explanation:

    The 125th anniversary of the iconic Kodaikanal Solar Observatory (KSO) was celebrated on 1 April 2024 by Indian Institute of Astrophysics (IIA), an autonomous institute of the Department of Science and Technology (DST), to remember the history of KSO, felicitate its scientists, and honour its legacy was a milestone for astronomy in India.
  2. Which organization announced the release of a special cover to commemorate 250 years of the world’s first postal stamp, known as the ‘Copper Stamp,’ issued from Patna (Azimabad)?
    A) The Department of Posts Bihar Circle
    B) Minister of Communications
    C) Director-General of the Department of Posts
    D) None of these
    E) Indian Postal Service
    View Answer
    Option A
    Explanation:

    The Department of Posts Bihar Circle has decided to release a special cover to commemorate 250 years of the release of the world’s first postal stamp, the ‘Copper Stamp’ which was issued from Patna (Azimabad), an official said.
  3. Under which scheme, initiated by the Government of India and implemented by the Ministry of Heavy Industries, are subsidies of up to INR 10,000 provided per two-wheeler, aiming to support approximately 3.33 lakh two-wheelers, with a total budget of INR 500 crore?
    A) Electric Vehicle Promotion Scheme 2024 (EVPS 2024)
    B) Electric Mobility Promotion Scheme 2024 (EMPS 2024)
    C) Electric Vehicle Adoption Scheme 2024 (EVAS 2024)
    D) None of the above
    E) Electric Vehicle Incentive Scheme 2024 (EVIS 2024)
    View Answer
    Option B
    Explanation:

    The govt of India has started a new scheme to promote electric vehicles in India. Implemented by the Ministry of Heavy Industries, the new scheme has come into effect from April 1 after the end of the FAME scheme on March 31.
    The INR 500 crore Electric Mobility Promotion Scheme 2024 (EMPS 2024) scheme is being introduced by the Ministry of Heavy Industries to further accelerate the adoption of electric vehicles (EVs) in the country. Under EMPS 2024, a support of up to INR 10,000 per two-wheeler will be provided.
  4. Who inaugurated the Param Vir Chakra garden and Aikyam exhibition in Kanchi Mahaswami Vidya Mandir, Tambaram?
    A) Chief Minister of Tamil Nadu
    B) President of India
    C) Tamil Nadu Governor R.N. Ravi
    D) None of the above
    E) Defense Minister of India
    View Answer
    Option C
    Explanation:

    Tamil Nadu Governor R.N. Ravi inaugurated Param Vir Chakra garden and Aikyam exhibition in the Kanchi Mahaswami Vidya Mandir in Tambaram.
  5. What is the name of the exercise recently commenced by the Indian Air Force (IAF) to test its capabilities and preparedness for high-intensity operations?
    A) Operation Shakti-2024
    B) Exercise Vayu Shakti-2024
    C) Exercise Gagan Shakti-2024
    D) Operation Vijay-2024
    E) None of the above
    View Answer
    Option C
    Explanation:

    The Indian Air Force (IAF) is commenced a 10-day exercise to test its capabilities and preparedness for high-intensity operations. During the exercise, known as ‘Gagan Shakti-2024,’ the IAF will mobilize all its bases and assets across the country.
  6. Amidst Nepal’s power crisis, which country renewed the agreement to export electricity to Nepal for the next three months?
    A) China
    B) India
    C) Bhutan
    D) Bangladesh
    E) None of the above
    View Answer
    Option B
    Explanation:

    At a time when Nepal is facing a power crisis, India renewed the agreement to export electricity to Nepal for the next three months.
  7. What is the primary objective of the ‘One Vehicle, One FASTag’ initiative rolled out by the National Highways Authority of India (NHAI) starting April 1, 2024?
    A) To promote the use of multiple FASTags for a single vehicle
    B) To encourage the linking of multiple FASTags to one vehicle
    C) To discourage the use of a single FASTag for multiple vehicles
    D) To simplify the process of obtaining FASTags for vehicle owners
    E) None of the above
    View Answer
    Option C
    Explanation:

    The National Highways Authority of India (NHAI) has rolled out the ‘One Vehicle, One FASTag’ initiative starting, April 1, 2024.This initiative of NHAI aims to discourage the use of a single FASTag for multiple vehicles or linking multiple FASTags to one vehicle.
  8. Which European Union (EU) nation recently legalized recreational cannabis use, becoming the largest EU nation to do so?
    A) France
    B) Germany
    C) Italy
    D) Spain
    E) None of the above
    View Answer
    Option B
    Explanation:

    Germany became the largest European Union (EU) nation to legalize recreational cannabis use, despite facing opposition from politicians and medical associations. Under the new law, adults over 18 are now permitted to carry up to 25 grams of dried cannabis and cultivate up to three marijuana plants at home.
  9. With which small finance bank did AU Small Finance Bank amalgamate, marking the first such consolidation in the sector?
    A) Equitas Small Finance Bank
    B) Ujjivan Small Finance Bank
    C) None of these
    D) Fincare Small Finance Bank
    E) Bandhan Bank
    View Answer
    Option D
    Explanation:

    AU Small Finance Bank (AU SFB) amalgamated Fincare Small Finance Bank (Fincare SFB), marking the first such consolidation in the sector.
  10. Which company signed a multi-year contract worth around USD 100 million with Airbus Atlantic for the manufacturing and delivery of metallic components for the entire Airbus commercial aircraft family, including the A320 family planes?
    A) Boeing
    B) Airbus
    C) Lockheed Martin
    D) Mahindra Aerostructures
    E) None of the above
    View Answer
    Option D
    Explanation:

    Mahindra Aerostructures announced it has signed a multi-year contract worth around USD 100 million with Airbus Atlantic for the manufacturing and delivery of metallic components for the entire Airbus commercial aircraft family, including the A320 family planes. The contract will supply 2,300 metallic components from India’s manufacturing base to France.
  11. Which port in India emerged as the largest major port in terms of cargo volumes in FY24, surpassing Deendayal Port Authority in Gujarat?
    A) Mumbai Port
    B) Paradip Port
    C) Kolkata Port
    D) Chennai Port
    E) None of the above
    View Answer
    Option B
    Explanation:

    State-owned Paradip Port in Odisha has emerged as India’s largest major port in terms of cargo volumes by clocking 145.38 million tonne cargo throughput in FY24, surpassing Deendayal Port Authority in Gujarat.
  12. What is the name of the new version of the complaint redress system launched by SEBI, featuring reduced and uniform timelines for the redressal of investor complaints set at 21 calendar days?
    A) SEBI Complaint Resolution System (SCRS)
    B) SEBI Investor Support System (SISS)
    C) SEBI Grievance Redress System (SGRS)
    D) SEBI Complaint Redress System (SCORES 2.0)
    E) None of the above
    View Answer
    Option D
    Explanation:

    SEBI launched the new version of the SEBI Complaint Redress System (SCORES 2.0). The new version of SCORES strengthens the investor complaint redress mechanism in the securities market by making the process more efficient through auto-routing, auto-escalation, monitoring by the designated bodies and reduction of timelines, the regulator said.
    SCORES 2.0 will feature reduced and uniform timelines for redressal of investor complaints, which is 21 calendar days from date of receipt of the complaint.
  13. According to the World Bank, what is the projected growth rate for the Indian economy in 2024?
    A) 6.5 percent
    B) 7.5 percent
    C) 8.5 percent
    D) 9.5 percent
    E) 7.4 percent
    View Answer
    Option B
    Explanation:

    The Indian economy is projected to grow at 7.5 percent in 2024, the World Bank has said, revising its earlier projections for the same period by 1.2 percent.
  14. Indian Oil Corporation Ltd. (IOCL) has partnered with Panasonic Energy to create a joint venture for producing lithium-ion cells in India. What is the primary reason behind this collaboration?
    A) To meet the increasing demand for petroleum products
    B) To develop renewable energy infrastructure
    C) To cater to the rising demand for electric vehicles (EVs) and energy storage solutions
    D) To enhance traditional manufacturing processes
    E) None of the above
    View Answer
    Option C
    Explanation:

    Indian Oil Corporation Ltd. (IOCL) has partnered with Panasonic Energy to create a joint venture for producing lithium-ion cells in India. This collaboration is in response to the expected increase in demand for electric vehicles (EVs) and energy storage solutions in the country.The joint venture seeks to take advantage of India’s ambitious net-zero greenhouse gas emissions target by 2070.
  15. PTC India Ltd and the National Power Training Institute (NPTI) have agreed to establish a research and development center for the energy sector. What is the primary objective of this collaboration?
    A) To increase the use of fossil fuels
    B) To promote sustainable development goals
    C) To reduce the use of renewable energy sources
    D) To improve energy inefficiency
    E) none of the above
    View Answer
    Option B
    Explanation:

    PTC India Ltd and the National Power Training Institute (NPTI) have agreed to set up a research and development centre for the energy sector to promote sustainable development goals.
  16. Which state team achieved a clean sweep by winning both the men’s and women’s titles at the 56th National Kho Kho Championship 2023-24?
    A) Delhi
    B) Maharashtra
    C) Karnataka
    D) Uttar Pradesh
    E) None of the above
    View Answer
    Option B
    Explanation:

    The Maharashtra team made a clean sweep at the 56th National Kho Kho Championship 2023-24. It won both the men’s and women’s titles, held at Delhi’s Karnail Singh Stadium and the Indira Gandhi Indoor Stadium.
  17. Who has been appointed as the Managing Director of Tata International, succeeding Anand Sen?
    A) Rajeev Singhal
    B) Anand Sen
    C) Ratan Tata
    D) None of these
    E) Natarajan Chandrasekaran
    View Answer
    Option A
    Explanation:

    Tata Group’s global trading and distribution arm, Tata International announced the appointment of Rajeev Singhal as its Managing Director (MD).Singhal whose appointment to the new position is effective from April 1, succeeds Anand Sen, who superannuated on March 31, 2024, Tata International said in a statement.

  18. Who recently assumed the office of Electronics and Mechanical Engineers Corps as the 33rd Director General (DGEME) and Senior Colonel Commandant?
    A) Lt Gen Tumul Varma
    B) Lt Gen Vikram Sharma
    C) Lt Gen JS Sidana
    D) Lt Gen Pradeep Chandran Nair
    E) None of the above
    View Answer
    Option C
    Explanation:

    Lieutenant General JS Sidana has assumed the office of Electronics and Mechanical Engineers Corps as the 33rd Director General (DGEME) and Senior Colonel Commandant. He officially took charge, April 1, succeeding Lt Gen Tumul Varma.
  19. Who has been appointed as the President of Assocham (The Associated Chambers of Commerce and Industry of India) for the term 2024-25, succeeding Ajay Singh?
    A) Sanjay Nayar
    B) Ajay Singh
    C) Rakesh Kapoor
    D) Sanjiv Mehta
    E) None of the above
    View Answer
    Option A
    Explanation:

    Sorin Investment Fund Chairman Sanjay Nayar has been appointed as Assocham president for 2024-25, succeeding SpiceJet’s Ajay Singh, who completed his tenure as the chamber’s president.
  20. Who has been appointed as the Democratic Republic of Congo’s first-ever female prime minister?
    A) Felix Tshisekedi
    B) Judith Suminwa
    C) Jean-Michel Sama Lukonde
    D) None of these
    E) Vital Kamerhe
    View Answer
    Option B
    Explanation:

    Democratic Republic of Congo’s President Felix Tshisekedi has appointed the country’s first-ever female prime minister, naming planning minister Judith Suminwa to the role.
  21. Who is set to take charge as the Chairman and Managing Director (CMD) of Konkan Railway Corporation Ltd. (KRCL) on April 1?
    A) Santosh Kumar Jha
    B) Ramesh Kumar Gupta
    C) Ashok Kumar Singh
    D) Arun Kumar Mishra
    E) None of the above
    View Answer
    Option A
    Explanation:

    Santosh Kumar Jha, an Indian Railway Traffic Services (IRTS) officer of 1992 batch, will take the charge as the Chairman and Managing Director (CMD) of Konkan Railway Corporation Ltd., (KRCL), April 1.
  22. Who has been unanimously elected as the President of the Federation of Indian Micro and Small & Medium Enterprises (FISME) for the term 2024-25?
    A) Sandeep Jain
    B) Ramesh Gupta
    C) Ashok Kumar Singh
    D) Arun Sharma
    E) None of the above
    View Answer
    Option A
    Explanation:

    Auto-component manufacturer and alumnus of IIT-Kanpur, Sandeep Jain has been unanimously elected President of the Federation of Indian Micro and Small & Medium Enterprises (FISME) for 2024-25.
  23. Scientists in South Korea achieved a groundbreaking milestone in nuclear fusion technology by sustaining temperatures of 100 million degrees Celsius for an extended period. What is the name given to the Korean fusion reactor?
    A) Super Nova
    B) Starlight Reactor
    C) Artificial Sun
    D) Fusion Forge
    E) None of the above
    View Answer
    Option C
    Explanation:

    Korean Fusion Reactor ‘Artificial Sun’ Sets New Record.Scientists in South Korea have achieved a groundbreaking milestone in nuclear fusion technology, setting a new world record by sustaining temperatures of 100 million degrees Celsius for an extended period.
  24. Who, certified in 2022 by Guinness World Records as the oldest man in the world, recently passed away at the age of 114?
    A) Juan Vicente Perez Mora
    B) Roberto Sanchez
    C) Fernando Garcia
    D) Antonio Ramirez
    E) None of the above
    View Answer
    Option A
    Explanation:

    Venezuelan Juan Vicente Perez Mora, certified in 2022 by Guinness World Records as the oldest man in the world, died at the age of 114.
  25. Which veteran Hollywood actor, known for roles in ‘It Came from Outer Space’ and ‘Peyton Place’, recently passed away in Los Angeles at the age of 97?
    A) Barbara Stanwyck
    B) Barbara Rush
    C) Audrey Hepburn
    D) Katharine Hepburn
    E) None of the above
    View Answer
    Option B
    Explanation:

    Veteran Hollywood actor Barbara Rush died in Los Angeles. She was 97. Rush was known for her roles in ‘It Came from Outer Space’ and ‘Peyton Place’.
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