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Banking QuizCA Quizzes (English)

Current Affairs Quiz: April 7&8, 2024

  1. Where was the Sagar Kavach 2024 exercise, a two-day coastal security exercise involving all maritime security agencies of India, conducted from April 1-2?
    A) Andaman Islands
    B) Lakshadweep Islands
    C) Maldives
    D) Sri Lanka
    E) None of the above
    View Answer
    Option B
    Explanation:

    A two-day exercise involving all maritime security agencies of the country was conducted off the Lakshadweep Islands from April 1-2, officials said.
  2. Which state government recently established two expert panels to conduct risk-assessment and monitor five glacial lakes facing imminent danger?
    A) Himachal Pradesh
    B) Uttarakhand
    C) Sikkim
    D) Arunachal Pradesh
    E) None of the above
    View Answer
    Option B
    Explanation:

    he state government of Uttarakhand recently set up two expert panels to conduct risk-assessment and monitor five glacial lakes that have been facing risk of immediate danger.
  3. What facility was inaugurated by Indian Coast Guard Director General Rakesh Pal during his visit to ICGS Mandapam near Rameshwaram, Tamil Nadu?
    A) Indian Coast Guard Training Academy
    B) Indian Coast Guard Headquarters
    C) Indian Coast Guard Aquatic Centre
    D) Indian Coast Guard Research Center
    E) None of the above
    View Answer
    Option C
    Explanation:

    Indian Coast Guard Director General Rakesh Pal inaugurated the Indian Coast Guard Aquatic Centre at ICGS Mandapam near Rameshwaram, Tamil Nadu, as part of his four-day visit to the maritime force’s bases in Tamil Nadu, Andhra Pradesh, and Puducherry.
  4. What policy is emphasized by the Indian government through its decision to increase exports of essential supplies to the Maldives for the fiscal year 2024-25?
    A) ‘Look East’ policy
    B) ‘Make in India’ policy
    C) ‘Neighbourhood First’ policy
    D) ‘Act East’ policy
    E) None of the above
    View Answer
    Option C
    Explanation:

    The central government has agreed to increase the export of essential supplies to the Maldives for the fiscal year 2024-25, underscoring its ‘Neighbourhood First’ policy.
  5. What is the name of the special website launched in Malerkotla, Punjab, by the District Election Officer and Deputy Commissioner, Dr. Pallavi, aiming to provide election-related information to the residents of the district?
    A) Election Portal
    B) Booth Connect
    C) Polling Station Link
    D) Booth Raabta
    E) None of the above
    View Answer
    Option D
    Explanation:

    In the district of Malerkotla, Punjab, a unique initiative has been launched by the District Election Officer and Deputy Commissioner, Dr. Pallavi. The initiative involves the launch of a special website called ‘Booth Raabta’, which aims to provide election-related information to the people of the district.
  6. According to the 2022 testing figures released by the World Anti-Doping Agency (WADA), which country has emerged with the highest percentage of doping offenders?
    A) China
    B) Russia
    C) India
    D) United States
    E) None of the above
    View Answer
    Option C
    Explanation:

    India has emerged as the country with the highest percentage of doping offenders, according to the 2022 testing figures released by the World Anti-Doping Agency (WADA).
    The report revealed that out of 4,064 samples collected from Indian athletes (including urine, blood, and athlete biological passports), 127 individuals tested positive for banned substances, constituting 3.26 per cent of the sample size.
  7. What is the focus of the new partnership announced by the United States and Britain?
    A) Addressing concerns about the safety of artificial intelligence (AI) technologies
    B) Developing advanced military AI systems
    C) Promoting AI-driven economic growth
    D) Collaborating on space exploration technologies
    E) None of the above
    View Answer
    Option A
    Explanation:

    The United States and Britain have announced a new partnership in which they will be working together to address concerns about the safety of artificial intelligence (AI) technologies.
  8. How many non-banking finance companies (NBFCs) had their certificate of registration cancelled by the Reserve Bank of India (RBI) according to recent notifications?
    A) Four
    B) Five
    C) Eight
    D) Nine
    E) None of the above
    View Answer
    Option A
    Explanation:

    The Reserve Bank of India (RBI) said it has cancelled certificate of registration of four non-banking finance companies (NBFCs).
  9. What amount did Union Bank of India raise from Dubai International Financial Centre (DIFC) for funding its overseas business growth, as disclosed in the regulatory filing?
    A) USD 200 million
    B) USD 500 million
    C) USD 800 million
    D) USD 1 billion
    E) None of the above
    View Answer
    Option B
    Explanation:

    State-owned Union Bank of India said it has raised USD 500 million (about Rs 4,200 crore) from foreign markets to fund overseas business growth. The fund was arranged by Dubai International Financial Centre (DIFC), Dubai Branch, Union Bank of India said in a regulatory filing.
  10. What recent announcement was made by American Express regarding its offerings in India, aimed at catering to the needs of business owners and entrepreneurs?
    A) Launch of a new credit card for personal use
    B) Introduction of a metal Platinum Card for individuals
    C) Launch of the all-new metal Corporate Platinum Card
    D) Expansion of its retail banking services in India
    E) None of the above
    View Answer
    Option C
    Explanation:

    American Express announces the launch of the all-new metal Corporate Platinum Card, designed to cater to the evolving needs of business owners and entrepreneurs in India. This refresh comes with an array of exclusive benefits, aiming to provide unparalleled service and rewards as they navigate challenges and pursue success.
  11. For what purpose did the Indian Farmers Fertilizer Cooperative Limited (IFFCO) and ACME Cleantech Solutions Private Limited (ACME) sign a Memorandum of Understanding (MoU)?
    A) Purchase and supply of renewable energy equipment
    B) Investment in clean energy projects
    C) Promotion of sustainable agriculture and renewable energy usage
    D) Collaboration on waste management solutions
    E) None of the above
    View Answer
    Option C
    Explanation:

    Aiming for sustainable agriculture and renewable energy usage in India, the Indian Farmers Fertilizer Cooperative Limited (IFFCO) and ACME Cleantech Solutions Private Limited (ACME) signed an MoU for the purchase and supply of 2,00,000 MT ammonia made through renewable energy route.
  12. What specific system are Bharat Earth Movers Limited (BEML) and Bharat Electronics Limited (BEL) jointly developing as per the Memorandum of Understanding (MoU)?
    A) Indigenous Aircraft Control System (i-ACS)
    B) Train Control Management System (TCMS)
    C) Renewable Energy Monitoring System (REMS)
    D) Healthcare Information Management System (HIMS)
    E) None of the above
    View Answer
    Option B
    Explanation:

    Bharat Earth Movers Limited (BEML) and Bharat Electronics Limited (BEL) said they have signed a Memorandum of Understanding (MoU) to jointly develop an indigenous Train Control Management System (i-TCMS), aimed at what they called “revolutionising” rail communication technology in the country.
  13. With which fintech company has the Small Industries Development Bank of India (SIDBI) entered into an agreement to utilize the latter’s technology platform KarmaLife for a pilot project aimed at providing micro loans to gig workers, thereby supporting their financial inclusion to formal institutional credit?
    A) Karma Fintech Solutions Private Limited
    B) Onion Life Private Limited
    C) GigTech Finance Limited
    D) MicroLoans Tech Solutions Limited
    E) None of the above
    View Answer
    Option B
    Explanation:

    Small Industries Development Bank of India (SIDBI) has entered into an agreement with a fintech Onion Life Private Limited to use the latter’s technology platform KarmaLife for a pilot to provide micro loans to gig workers. This is expected to support the gig workers’ financial inclusion to formal institutional credit.
  14. Who won the Japanese Grand Prix, leading his team-mate to a one-two finish for Red Bull Racing?
    A) Lewis Hamilton
    B) Max Verstappen
    C) Sebastian Vettel
    D) Charles Leclerc
    E) None of the above
    View Answer
    Option B
    Explanation:

    Triple world champion Max Verstappen romped to victory at the Japanese Grand Prix, leading team-mate Sergio Perez to a dominant one-two finish for Red Bull.
  15. Who has been appointed as Inspector General in the Special Protection Group (SPG)?
    A) Love Kumar
    B) Ramesh Sharma
    C) Priya Singh
    D) Amit Patel
    E) None of the above
    View Answer
    Option A
    Explanation:

    Indian Police Service (IPS) officer Love Kumar has been appointed as Inspector General in Special Protection Group (SPG).

  16. Who has become the first Indian to be appointed as a jury member at the 33rd Summer Olympics scheduled to be held in Paris, France?
    A) Bilquis Mir
    B) Ramesh Kumar
    C) Priya Singh
    D) Amit Patel
    E) None of the above
    View Answer
    Option A
    Explanation:

    Bilquis Mir of Jammu Kashmir has become the first Indian to be appointed a jury member at the 33rd Summer Olympics to be held in Paris, France, from 26 July -11 August 2024. She is also the first woman from India to be made a jury member in the Olympics games.
  17. Who has been appointed as the International Event Ambassador for the “16th edition of the Tata Consultancy Services World 10K Bengaluru” scheduled to be held on April 28, 2024?
    A) Dame Valerie Adams
    B) Usain Bolt
    C) Serena Williams
    D) Michael Phelps
    E) None of the above
    View Answer
    Option A
    Explanation:

    Dame Valerie Adams, the iconic shot putter, a four-time World Champion and two-time Olympic medallist has been named the International Event Ambassador for the “16th edition of the Tata Consultancy Services World 10K Bengaluru” to be held, 28th April 2024.
  18. Who won the presidential election in Slovakia, reinforcing the influence of Prime Minister Robert Fico’s pro-Russian government?
    A) Peter Pellegrini
    B) Robert Fico
    C) Vladimir Putin
    D) Alexander Lukashenko
    E) None of the above
    View Answer
    Option A
    Explanation:

    Slovak nationalist-left government candidate Peter Pellegrini has won the country’s presidential election, cementing the grip of pro-Russian Prime Minister Robert Fico over the country.
  19. Who has been appointed as the new Managing Director and CEO of Wipro, succeeding Thierry Delaporte?
    A) Srinivas Pallia
    B) Thierry Delaporte
    C) Azim Premji
    D) Rishad Premji
    E) None of the above
    View Answer
    Option A
    Explanation:

    Wipro has announced the appointment of Srinivas Pallia as its new Managing Director and CEO, succeeding Thierry Delaporte who has resigned from the post.
  20. Who has been appointed as the presiding officer and technical member, respectively, of the Securities Appellate Tribunal (SAT) by the Finance Ministry?
    A) P S Dinesh Kumar and Dheeraj Bhatnagar
    B) Ramesh Sharma and Neha Singh
    C) Dheeraj Bhatnagar and P S Dinesh Kumar
    D) Neha Singh and Ramesh Sharma
    E) None of the above
    View Answer
    Option A
    Explanation:

    The Finance Ministry has appointed P S Dinesh Kumar, a retired judge, as the presiding officer of the Securities Appellate Tribunal (SAT) for four years.
  21. Who has been appointed as part-time members to the Governing Board of the Insolvency and Bankruptcy Board of India (IBBI) by the Corporate Affairs Ministry?
    A) M.P. Ram Mohan and Dinabandhu Mohapatra
    B) Ramesh Kumar and Neha Sharma
    C) Suresh Patel and Meena Gupta
    D) Ravi Singh and Priya Mehta
    E) None of the above
    View Answer
    Option A
    Explanation:

    Corporate Affairs Ministry (MCA) has appointed two part-time members to the Governing Board of insolvency regulator, the Insolvency and Bankruptcy Board of India (IBBI).The two part-time members are M.P. Ram Mohan, a Professor at the Indian Institute of Management (IIM) Ahmedabad, and Dinabandhu Mohapatra, a Non-Executive Independent Director at Indiabulls Housing Limited.
  22. Which company won the 15th ‘CIDC Vishwakarma Award’ in the ‘Achievement Award for Best Construction Projects’ category for its Barauni – Guwahati Natural Gas Pipeline project (BGPL)?
    A) Bharat Petroleum Corporation Limited (BPCL)
    B) Indian Oil Corporation Limited (IOCL)
    C) GAIL (India) Limited
    D) Oil and Natural Gas Corporation (ONGC)
    E) None of the above
    View Answer
    Option C
    Explanation:

    GAIL (India) Limited won the 15th ‘CIDC Vishwakarma Award’ in the ‘Achievement Award for Best Construction Projects’ category for its Barauni – Guwahati Natural Gas Pipeline project (BGPL).
  23. Which two prestigious awards did SJVN Limited win at the 15th CIDC Vishwakarma Awards 2024?
    A) ‘Best Construction Projects’ and ‘Innovation in Construction Technology’
    B) ‘Achievement Award for Creating Social Development & Impact’ and ‘CIDC Partners in Progress Trophy’
    C) ‘Excellence in Environmental Sustainability’ and ‘Corporate Social Responsibility Champion’
    D) ‘Outstanding Contribution to Infrastructure Development’ and ‘Leadership in Project Management’
    E) None of the above
    View Answer
    Option B
    Explanation:

    SJVN Limited has won two prestigious awards at the 15th CIDC Vishwakarma Awards 2024, instituted by the Construction Industry Development Council. SJVN has been conferred with ‘Achievement Award for Creating Social Development & Impact’ and ‘CIDC Partners in Progress Trophy’.
  24. For which aspects of its operations has SEBI obtained the ISO/IEC 27001:2022 certification?
    A) Human resource management
    B) Financial management
    C) Information security management
    D) Marketing and communications
    E) None of the above
    View Answer
    Option C
    Explanation:

    SEBI has successfully obtained the ISO/IEC 27001:2022 certification for the Information Security Management System at the primary data centre, Security Operations Control (SOC) and Network Operations Control (NOC) as well as the Information Security Management System at the disaster recovery site.
  25. Which town in Maharashtra’s Sangli district, known for its craftsmanship in making musical instruments such as sitars and tanpuras, has been awarded the Geographical Indication (GI) tags?
    A) Kolhapur
    B) Pune
    C) Miraj
    D) Solapur
    E) None of the above
    View Answer
    Option C
    Explanation:

    The sitars and tanpuras of Miraj, a small town in Maharashtra’s Sangli district known for its craftsmanship in making musical instruments, have been awarded the coveted Geographical Indication (GI) tags.
  26. Who is the author of the newly released book titled ‘The Idea of Democracy’?
    A) Sam Pitroda
    B) Arundhati Roy
    C) Chetan Bhagat
    D) Shashi Tharoor
    E) None of the above
    View Answer
    Option A
    Explanation:

    Renowned author Sam Pitroda has written a new book titled ‘The Idea of Democracy’, has been released recently.
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