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Banking QuizCA Quizzes (English)

Current Affairs Quiz: April 30, 2024

  1. What was the primary objective of the United Nations’ First International Conference on Digital Public Infrastructure held under India’s leadership?
    A) To explore strategies for global digital domination
    B) To promote the use of technology to advance Sustainable Development Goals (SDGs) and inclusivity
    C) To establish regulations for the internet across all participating nations
    D) To create a digital currency for international transactions
    E) None of the above
    View Answer
    Option B
    Explanation:

    The United Nation’s First International Conference on Digital Public Infrastructure was held under India’s leadership to harness the technology to propel Sustainable Development Goals (SDGs) and foster inclusivity.
  2. Which significant partnership was initiated through a Memorandum of Understanding (MoU) signed on the sidelines of the ‘Critical Minerals Summit: Enhancing Beneficiation and Processing Capabilities’ at the India Habitat Centre, New Delhi?
    A) Collaboration between the Ministry of Mines and a global mining corporation
    B) Cooperation between the Ministry of Mines and an international environmental NGO
    C) Partnership between the Ministry of Mines, Shakti Sustainable Energy Foundation, Council on Energy, Environment and Water (CEEW), and TERI
    D) Joint venture between the Ministry of Mines and a technology company specialized in mineral processing
    E) None of the above
    View Answer
    Option C
    Explanation:

    The ‘Critical Minerals Summit: Enhancing Beneficiation and Processing Capabilities’ commenced at the India Habitat Centre, New Delhi. The summit, designed to foster collaboration and innovation in critical minerals beneficiation and processing, was inaugurated under the patronage of the Ministry of Mines, with V L Kantha Rao, Secretary of Mines, presiding over the opening ceremony.
    On the sidelines of the summit, a Memorandum of Understanding (MoU) was signed between the Ministry of Mines and Shakti Sustainable Energy Foundation. This MoU initiates a partnership between Ministry of Mines, Shakti Sustainable Energy Foundation, Council on Energy, Environment and Water (CEEW) and TERI.
  3. In which city is the World Economic Forum’s special meeting on global collaboration, growth, and energy for development scheduled to take place?
    A) New York
    B) Geneva
    C) Riyadh
    D) London
    E) None of the above
    View Answer
    Option C
    Explanation:

    The World Economic Forum’s special meeting on global collaboration, growth and energy for development, scheduled to take place in Riyadh, is expected to address global challenges as geopolitical tensions increase.
  4. Which naval vessel from the Indian Navy participated in the Maritime Partnership Exercise with the Royal Navy’s RFA Argus and RFA Lyme Bay, as part of the UK Littoral Response Group South?
    A) INS Vikrant
    B) INS Sahyadri
    C) INS Kolkata
    D) INS Viraat
    E) None of the above
    View Answer
    Option B
    Explanation:

    Indian Navy’s indigenous, INS Sahyadri participated in Maritime Partnership Exercise with Royal Navy’s RFA Argus and RFA Lyme Bay, part of the UK Littoral Response Group South at Sea.
  5. What was the theme of the 26th edition of the World Energy Congress held in Rotterdam, Netherlands?
    A) “Building a Sustainable Future”
    B) “Empowering Energy Innovation”
    C) “Redesigning Energy for People and Planet”
    D) “Global Collaboration for Energy Transformation”
    E) None of the above
    View Answer
    Option C
    Explanation:

    26th edition of World Energy Congress held in Rotterdam, Netherlands.This year’s edition of the four-day event, held in the Dutch city of Rotterdam under the slogan “Redesigning Energy for People and Planet”, brought together 70 ministers from 150 countries as well as a broad spectrum of international energy stakeholders.
  6. In response to recent legislative actions, which nation has drawn global condemnation for passing a law, quietly slipped through as an amendment to anti-prostitution legislation, imposing severe penalties on gay and transgender individuals?
    A) Iran
    B) Saudi Arabia
    C) Iraq
    D) Egypt
    E) None of the above
    View Answer
    Option C
    Explanation:

    In a move met with global condemnation, the Iraq parliament quietly passed a law over the weekend that imposes severe penalties on gay and transgender people, sparking outrage from human rights groups and diplomatic circles.
  7. According to the recent report by the United Nations Population Fund (UNFPA), what is the estimated population of India?
    A) 121 crore
    B) 142.5 crore
    C) 144 crore
    D) 144.17 crore
    E) 146 crore
    View Answer
    Option C
    Explanation:

    India’s population is estimated to have reached 144 crore, with 24 per cent in the 0-14 age bracket, according to a recent report by the UNFPA.
  8. What is the proposed minimum net worth requirement for entities seeking authorization as Electronic Trading Platform (ETP) operators, according to the ‘Draft Master Direction – Reserve Bank of India (Electronic Trading Platforms) Directions, 2024’?
    A) Rs 1 crore
    B) Rs 2 crore
    C) Rs 5 crore
    D) Rs 10 crore
    E) None of the above
    View Answer
    Option C
    Explanation:

    The Reserve Bank of India(RBI) proposed a revised regulatory framework for Electronic Trading Platforms (ETPs) in the wake of increased integration of the onshore forex market with offshore markets.
    The ‘Draft Master Direction – Reserve Bank of India (Electronic Trading Platforms) Directions, 2024’ said that an entity seeking authorisation as an ETP operator should maintain a minimum net-worth of Rs 5 crore and continue to maintain the minimum net-worth prescribed all times.
  9. Which organizations have collaborated to develop an innovative solution aimed at alerting about stolen one-time passwords, as part of a broader initiative to combat cyber fraud and phishing attacks in the banking ecosystem?
    A) India’s Ministry of Finance, SBI Cards and Payment Services Ltd (SBI Card), and technology companies
    B) India’s Ministry of Home Affairs, SBI Cards and Payment Services Ltd (SBI Card), and telecom operators
    C) India’s Ministry of External Affairs, SBI Cards and Payment Services Ltd (SBI Card), and social media platforms
    D) India’s Ministry of Information and Broadcasting, SBI Cards and Payment Services Ltd (SBI Card), and cybersecurity firms
    E) None of the above
    View Answer
    Option B
    Explanation:

    India’s home ministry, SBI Cards and Payment Services Ltd (SBI Card) and telecom operators have partnered to develop an innovative solution for alerting about stolen one-time passwords as part of a broader effort to combat the growing threat of cyber fraud and phishing attacks on the banking ecosystem.

  10. What directive has the Reserve Bank of India issued to all lenders regarding their practices concerning the mode of disbursal of loans, application of interest, and other charges?
    A) To increase interest rates uniformly across all loan products
    B) To review practices and ensure fairness and transparency in dealing with customers
    C) To reduce the frequency of loan disbursements
    D) To introduce additional hidden charges for customers
    E) None of the above
    View Answer
    Option B
    Explanation:

    The Reserve Bank of India has directed all lenders to review their practices regarding mode of disbursal of loans, application of interest and other charges and take corrective action, including system level changes, as may be necessary, to ensure fairness and transparency while dealing with customers.

  11. By 2030, what is the projected revenue for India’s e-commerce industry according to recent estimates?
    A) $800 billion
    B) $325 billion
    C) $70 billion
    D) $881 million
    E) None of the above
    View Answer
    Option A
    Explanation:

    India’s e-commerce industry is poised for a massive upheaval, with revenues expected to reach $325 billion by 2030. This growth aligns with projections that India’s digital economy will get an incredible $800 billion during the same timeframe.
  12. Which organization cited the forecast of an above-normal monsoon this year, along with upgraded hopes for global growth and trade volumes, as factors that could potentially lead to India’s GDP growth surpassing the central bank’s 7% estimate for 2024-25?
    A) Reserve Bank of India (RBI)
    B) National Council for Applied Economic Research (NCAER)
    C) Ministry of Finance
    D) International Monetary Fund (IMF)
    E) None of the above
    View Answer
    Option B
    Explanation:

    India’s GDP growth could surpass the central bank’s 7% estimate for 2024-25, the National Council for Applied Economic Research (NCAER) said , citing the forecast of an above-normal monsoon this year as well as upgraded hopes for global growth and trade volumes.
  13. According to which report has India’s dependence on Chinese industrial goods like telecom, machinery, and electronics increased to 30% from 21% over the last 15 years?
    A) Global Economic Outlook Report
    B) Trade Dependency Report
    C) Economic Impact Assessment
    D) Global Trade Research Initiative (GTRI)
    E) None of the above
    View Answer
    Option D
    Explanation:

    With increasing India’s dependence on Chinese industrial goods like telecom, machinery and electronics, Beijing’s share in New Delhi’s imports of such goods rose to 30% from 21% in the last 15 years, a report said.
    According to the report by the economic think tank Global Trade Research Initiative (GTRI), the growing trade deficit with China is a cause of concern, and the strategic implications of this dependency are profound, affecting not only economic but also national security dimensions.
  14. What recent development has been announced regarding the Indian Renewable Energy Development Agency (IREDA)?
    A) It has been granted ‘Navratna’ status by the Department of Public Enterprises.
    B) It has been granted ‘Maharatna’ status by the Department of Public Enterprises.
    C) It has been merged with another public sector undertaking.
    D) It has been acquired by a private energy company.
    E) None of the above
    View Answer
    Option A
    Explanation:

    Indian Renewable Energy Development Agency (IREDA) said it was granted ‘Navratna’ status by the Department of Public Enterprises.
  15. Whose performance at the Road to Records event in Herzogenaurach, Germany, resulted in setting a new world record for the fastest road mile?
    A) Usain Bolt
    B) Eliud Kipchoge
    C) None of these
    D) Emmanuel Wanyonyi
    E) Mo Farah
    View Answer
    Option D
    Explanation:

    Kenya’s Emmanuel Wanyonyi set a road mile world record at the Road to Records event in Herzogenaurach, Germany, finishing with a time of three minutes and 54.5 seconds.
  16. What consequence did France’s former world 800m champion, Pierre-Ambroise Bosse, face for missing three drugs tests between September 2022 and June 2023?
    A) Stripping of world championship title
    B) One-year ban from competition by the French anti-doping agency
    C) Suspension from all athletics-related activities for six months
    D) Fine by the International Association of Athletics Federations (IAAF)
    E) None of the above
    View Answer
    Option B
    Explanation:

    France’s former world 800m champion Pierre-Ambroise Bosse, who announced his retirement in December, was banned for a year by the French anti-doping agency after missing three drugs tests between September 2022-June 2023.

  17. Who secured victories in the women’s and men’s races, respectively, at the 44th London Marathon?
    A) Brigid Kosgei and Eliud Kipchoge
    B) Peres Jepchirchir and Alexander Mutiso Munyao
    C) Joyciline Jepkosgei and Wilson Kipsang
    D) Peres Jepchirchir and Wilson Kipsang
    E) None of the above
    View Answer
    Option B
    Explanation:

    Reigning Olympic champion Peres Jepchirchir crushed the women’s-only world record in winning the 44th London Marathon, while Kenyan compatriot Alexander Mutiso Munyao raced to victory in the men’s race.
  18. Which team secured the Championship title with a 3-0 victory over mid-table Preston North End?
    A) Manchester United
    B) Liverpool
    C) Leicester City
    D) Chelsea
    E) None of the above
    View Answer
    Option C
    Explanation:

    Leicester City cruised to the Championship title with a 3-0 victory at mid-table Preston North End.
  19. Who emerged as the men’s and women’s champions, respectively, in the South Asian Triathlon Championships held in Pokhara, Nepal?
    A) Adarsh Muralidharan Nair Sinimol and Mansi Mohite
    B) Mansi Mohite and Adarsh Muralidharan Nair Sinimol
    C) Akshay Verma and Priya Singh
    D) Mansi Mohite and Akshay Verma
    E) None of the above
    View Answer
    Option A
    Explanation:

    Indian athletes Adarsh Muralidharan Nair Sinimol (01:02:03) and Mansi Mohite (01:07.53) emerged as the men’s and women’s champions respectively in the South Asian Triathlon Championships in Pokhara, Nepal.
  20. Who, claiming his eighth Professional Squash Association (PSA) Tour title, emerged victorious in the Batch Open, a PSA Challenger event, held at the Societe Sportive du Jeu de Paume in Paris?
    A) Melvil Scianimanico
    B) Velavan Senthilkumar
    C) Ramit Tandon
    D) Saurav Ghosal
    E) None of the above
    View Answer
    Option B
    Explanation:

    India’s Velavan Senthilkumar won his eighth Professional Squash Association (PSA) Tour title by winning the Batch Open, a PSA Challenger event, at the Societe Sportive du Jeu de Paume in Paris.
  21. In which badminton event did IAS officer Suhas Lalinakere Yathiraj secure a silver medal?
    A) French Para Badminton Open
    B) Spanish Para Badminton International
    C) German Para Badminton Championships
    D) Malaysian Para Badminton Masters
    E) None of the above
    View Answer
    Option B
    Explanation:

    IAS officer Suhas Lalinakere Yathiraj won silver medal in Spanish Para Badminton International in Toledo, Spain.
  22. Who has been appointed as the white-ball head coach of the Pakistan cricket team for the upcoming T20 World Cup, as announced by the PCB in their press conference?
    A) Gary Kirsten
    B) Ravi Shastri
    C) Darren Lehmann
    D) Andy Flower
    E) None of the above
    View Answer
    Option A
    Explanation:

    Gary Kirsten, the head coach of the Indian team that won the ICC Men’s Cricket World Cup in 2011, will assume the role of white-ball head coach of Pakistan heading into the upcoming T20 World Cup, the PCB announced in their press conference.
  23. Who has been appointed as the Director of the Ministry of Housing & Urban Affairs, according to the recent announcement by the Ministry?
    A) Sunil Kumar Yadav
    B) Ravi Kumar Sharma
    C) None of these
    D) Ajay Singh Rathore
    E) Manoj Kumar Gupta
    View Answer
    Option A
    Explanation:

    The Ministry of Housing & Urban Affairs (MoHUA) has welcomed a new addition to its leadership team. Sunil Kumar Yadav, an officer from the Indian Revenue Service (IRS), has been appointed as the Director of the Ministry of Housing & Urban Affairs.
  24. Who has been named the regional winner for the Middle East and North Africa (MENA) region at the 2024 Cambridge Dedicated Teacher Awards?
    A) John Johnson
    B) Mary Smith
    C) Gina Justus
    D) Emily Brown
    E) None of the above
    View Answer
    Option C
    Explanation:

    Gina Justus, an English High School teacher at the Sharjah Girls Branch in the United Arab Emirates (UAE), has been named the regional winner for the Middle East and North Africa (MENA) region at the prestigious 2024 Cambridge Dedicated Teacher Awards.
  25. Which military organization recently introduced a new kamikaze drone resembling Russia’s Lancet drone, designed for targeted attacks similar to those seen in the Ukraine conflict?
    A) Russian Armed Forces
    B) United States Marine Corps (USMC)
    C) Iranian Islamic Revolutionary Guard Corps (IRGC)
    D) None of these
    E) Chinese People’s Liberation Army (PLA)
    View Answer
    Option C
    Explanation:

    The Iranian Islamic Revolutionary Guard Corps (IRGC) has introduced a new kamikaze drone(suicide drone) resembling Russia’s Lancet drone. This drone, yet to be named publicly, is designed for targeted attacks, akin to those witnessed in the Ukraine conflict.
  26. At which shipyard was the ‘Ammunition Cum Torpedo Cum Missile Barge, LSAM 20 (Yard 130)’ built for the Indian Navy as part of the 11 x ACTCM Barge Project?
    A) Garden Reach Shipbuilders & Engineers
    B) Mazagon Dock Shipbuilders Limited
    C) None of these
    D) Cochin Shipyard Limited
    E) MSME Shipyard, M/s Suryadipta Projects Pvt Ltd, Thane
    View Answer
    Option E
    Explanation:

    The launch of ‘Ammunition Cum Torpedo Cum Missile Barge, LSAM 20 (Yard 130)’, 6th Barge of 11 x ACTCM Barge Project, built by MSME Shipyard, M/s Suryadipta Projects Pvt Ltd, Thane for Indian Navy, was undertaken at M/s Suryadipta Project Pvt. Ltd. (launch site of M/s SPPL). The launching Ceremony was presided over by Shri Madhusudan Bhui, INAS, GM NAD (Karanja).
  27. Who is the author of the book “The Winner’s Mindset,” recently released, which is written by an Australian cricket coach?
    A) Ricky Ponting
    B) Shane Warne
    C) None of these
    D) Shane Watson
    E) Glenn McGrath
    View Answer
    Option D
    Explanation:

    The book titled “The Winner’s Mindset,” written by an Australian cricket coach Shane Watson has been released recently.

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