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Banking QuizCA Quizzes (English)

Current Affairs Quiz: April 9, 2024

  1. In the report ‘Synchronising Energy Transitions Towards Possible Net Zero for India: Affordable and Clean Energy for All’, which year does India aim to produce 1 lakh MW of nuclear power by, as stated by A K Mohanty?
    A) 2030
    B) 2047
    C) 2055
    D) 2060
    E) 2037
    View Answer
    Option B
    Explanation:

    India aims to produce 1 lakh MW of nuclear power by 2047, a massive increase from the current production of over 8,000 MW, Atomic Energy Commission Chairman A K Mohanty said. Mohanty was speaking at the release of a report, ‘Synchronising Energy Transitions Towards Possible Net Zero for India: Affordable and Clean Energy for All‘, largely funded by the Office of the Principal Scientific Adviser to the government of India.
  2. In which Indian state is the commercial plant for recycling lithium-ion batteries and e-waste, developed by Remine India in partnership with the Technology Development Board (TDB), located?
    A) Karnataka
    B) Uttarakhand
    C) Maharashtra
    D) Gujarat
    E) Uttara Pradesh
    View Answer
    Option B
    Explanation:

    The Technology Development Board (TDB), under the Department of Science and Technology (DST), said it has partnered with startup Remine India to develop a commercial plant for recycling lithium-ion (Li-ion) batteries and e-waste using indigenous technology in Uttarakhand.
  3. What action has Zimbabwe’s government taken regarding its currency, as stated in the recent move by President Emmerson Mnangagwa’s administration?
    A) Introducing a digital currency
    B) Adopting a cryptocurrency
    C) Replacing the collapsed local dollar with a new gold-backed currency
    D) Pegging its currency to the US dollar
    E) None of the above
    View Answer
    Option C
    Explanation:

    Zimbabwe has replaced its collapsed local dollar with a new gold-backed currency, the latest move by President Emmerson Mnangagwa’s government to tackle decades of monetary chaos.
  4. What proposal has the Reserve Bank of India (RBI) made regarding Prepaid Payment Instruments (PPIs) and third-party UPI applications?
    A) Allowing PPI wallet holders to link their accounts with third-party UPI applications for more flexibility in making UPI payments
    B) Restricting PPI wallet holders from using third-party UPI applications for making payments
    C) Introducing a new regulation banning the linking of PPIs with any UPI applications
    D) Encouraging PPI wallet holders to use only RBI-approved UPI applications for making payments
    E) None of the above
    View Answer
    Option A
    Explanation:

    Reserve Bank of India(RBI) has proposed permitting linking of Prepaid Payment Instruments (PPIs) through third-party UPI applications, thus allowing PPI wallet holders more flexibility to make UPI payments.
  5. The Memorandum of Understanding (MoU) between Canara Bank and Society for Innovation & Entrepreneurship (SINE), IIT Bombay, aims to provide financial assistance to which sector?
    A) Agriculture
    B) Education
    C) Start-ups
    D) None of these
    E) Healthcare
    View Answer
    Option C
    Explanation:

    A Memorandum of Understanding (MoU) was signed between Canara Bank and Society for Innovation & Entrepreneurship, (SINE), IIT Bombay for extending financial assistance to Start-ups.

  6. According to the latest Government data, what milestone has been achieved by small business loans disbursed under the Pradhan Mantri Mudra Yojana (PMMY) in FY24?
    A) ₹1 lakh crore
    B) ₹2 lakh crore
    C) ₹3 lakh crore
    D) ₹5 lakh crore
    E) None of the above
    View Answer
    Option D
    Explanation:

    Small business loans under the Pradhan Mantri Mudra Yojana (PMMY) witnessed record growth in disbursals in FY24 and also crossed the milestone of ₹5 lakh crore, according to the latest Government data.
  7. According to a report from energy cargo tracker Vortexa, which country has overtaken India as the primary importer of Russian crude oil via sea routes?
    A) United States
    B) Japan
    C) China
    D) South Korea
    E) None of the bove
    View Answer
    Option C
    Explanation:

    According to a report from energy cargo tracker Vortexa, China has overtaken India as the primary importer of Russian crude oil via sea routes. In March, China imported 1.82 million barrels per day (bpd) of Russian crude by sea, surpassing India’s 1.36 million bpd. Additionally, China also receives Russian oil through pipelines.
  8. Which company’s subsidiary, Central Coalfields Limited, recently unveiled its new logo along with the tagline “Fuelling Sustainable Growth”?
    A) NTPC Limited
    B) Oil and Natural Gas Corporation (ONGC)
    C) Coal India Limited
    D) Steel Authority of India Limited (SAIL)
    E) None of the above
    View Answer
    Option C
    Explanation:

    Coal India’s Arm, Central Coalfields Limited unveiled it’s official brand-new logo with tagline: “Fuelling Sustainable Growth.”
  9. At the Monte Carlo Masters, which Indian tennis player made history by becoming the first ever Indian to win a main draw match?
    A) Rohan Bopanna
    B) Leander Paes
    C) Sumit Nagal
    D) Prajnesh Gunneswaran
    E) None of the above
    View Answer
    Option C
    Explanation:

    Indian tennis player Sumit Nagal stuns 35th ranked Matteo Arnaldi and becomes first ever Indian to win main draw match at Monte Carlo Masters . He defeated Arnaldi in the thrilling three-set 5-7, 6-2, 6-4 at the ATP Masters event.
  10. Who clinched the Women’s and Men’s singles titles at the Kazakhstan International Badminton Challenge tournament in Astana?
    A) Anupama Upadhyaya and M. Tharun
    B) P.V. Sindhu and Kidambi Srikanth
    C) Saina Nehwal and Parupalli Kashyap
    D) Ashwini Ponnappa and Satwiksairaj Rankireddy
    E) None of the above
    View Answer
    Option A
    Explanation:

    Indian shuttlers Anupama Upadhyaya and M. Tharun have clinched Women’s and Men’s singles titles, at Kazakhstan International Badminton Challenge tournament in Astana.
  11. Who has been appointed as a member of the 16th Finance Commission by the government of India, replacing Niranjan Rajadhyaksha?
    A) Manmohan Singh
    B) Raghuram Rajan
    C) Manoj Panda
    D) Arvind Subramanian
    E) None of the above
    View Answer
    Option C
    Explanation:

    The government of India has appointed eminent economist Manoj Panda as a member of the 16th Finance Commission. Manoj Panda will replace Niranjan Rajadhyaksha, who resigned recently due to personal circumstances.
  12. What effect did the news of Chandra Shekhar Ghosh’s decision to step down from his roles as founder, managing director, and CEO have on Bandhan Bank’s share prices?
    A) A surge of 9% in share prices
    B) A decline of 5% in share prices
    C) A decline of over 9% in share prices
    D) No significant change in share prices
    E) None of the above
    View Answer
    Option C
    Explanation:

    Shares of Bandhan Bank tanked over 9 per cent after the private sector lender said its founder, managing director and CEO Chandra Shekhar Ghosh has decided to demit office after the completion of his tenure.
  13. Who has been confirmed as the world’s oldest man by Guinness World Records?
    A) Juan Vicente Pérez Mora
    B) John Alfred Tinniswood
    C) José Peralta
    D) Muhammad Abdul Malik
    E) None of the above
    View Answer
    Option B
    Explanation:

    British man John Alfred Tinniswood, 111, has been confirmed as the world’s oldest man by Guinness World Records.
  14. Who are the recipients of this year’s “Freedom Prize of the Media”?
    A) Yulia Navalnaya and Alexei Navalny
    B) Angela Merkel and Emmanuel Macron
    C) Jacinda Ardern and Justin Trudeau
    D) Greta Thunberg and Malala Yousafzai
    E) None of the above
    View Answer
    Option A
    Explanation:

    Kremlin critic Yulia Navalnaya and her husband Alexei Navalny, who died a few weeks ago in a Russian prison, are to receive this year’s “Freedom Prize of the Media”.
  15. Which mission did SpaceX launch, marking the first in a new line of dedicated rideshare missions?
    A) Bandwagon-1
    B) Falcon-11
    C) RideShare-1
    D) Starlink-1
    E) None of the above
    View Answer
    Option A
    Explanation:

    SpaceX launched the first in a new line of dedicated rideshare missions, delivering 11 commercial and military satellites into mid-inclination orbits. A Falcon 9 lifted off from Kennedy Space Center’s Launch Complex 39A . Eastern on the Bandwagon-1 mission. The rocket’s first stage, making its 14th flight, landed back at Cape Canaveral’s Landing Zone 1 seven and a half minutes after liftoff.
  16. How many missiles were included in the first batch of Igla-S Man Portable Air Defence Systems (MANPADS) received by the Indian Army as part of the deal with Russia?
    A) 50 missiles
    B) 75 missiles
    C) 100 missiles
    D) 125 missiles
    E) None of the above
    View Answer
    Option C
    Explanation:

    The Indian Army has received the first batch of 24 Russia-made Igla-S Man Portable Air Defence Systems (MANPADS), along with 100 missiles, as part of a larger deal which will see the rest being made in India, ThePrint has learnt.
  17. Who among the Ramsay Brothers, known for their cult horror films, recently passed away at the age of 83?
    A) Tulsi Ramsay
    B) Shyam Ramsay
    C) Gangu Ramsay
    D) Kumar Ramsay
    E) None of the above
    View Answer
    Option C
    Explanation:

    Cinematographer-filmmaker Gangu Ramsay, one of the seven Ramsay Brothers known for cult horror films such as ‘Purani Haveli’ and ‘Tehkhana’, died at a hospital. He was 83.
  18. Which former football personality, known for his tenure as a defender at Tottenham Hotspur and as a manager at Wimbledon, passed away at the age of 77?
    A) Joe Kinnear
    B) Harry Redknapp
    C) Glenn Hoddle
    D) Alan Mullery
    E) None of the above
    View Answer
    Option A
    Explanation:

    Former Tottenham Hotspur defender and Wimbledon manager Joe Kinnear has died aged 77.

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