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Banking QuizCA Quizzes (English)

Current Affairs Quiz: February 16, 2024

  1. The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi approved 6 projects of Ministry of Railways with total estimated cost of Rs. 12,343 crore (approx.) with How much percent funding from Central Government?
    A) 100%
    B) 51%
    C) 60%
    D) 55%
    E) None of the above
    View Answer
    Option A
    Explanation:

    The Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi approved 6 (Six) projects of Ministry of Railways with total estimated cost of Rs. 12,343 crore (approx.) with 100% funding from Central Government.

  2. The Parliament passed three Bills to include more than 50 communities, including seven Particularly Vulnerable Tribal Groups (PVTGs), in the list of Scheduled Tribes (STs) of which states.
    A) Jammu & Kashmir
    B) Andhra Pradesh
    C) Odisha
    D) All of the above
    E) None of these
    View Answer
    Option D
    Explanation:

    Ths Parliament passed three Bills to include more than 50 communities, including seven Particularly Vulnerable Tribal Groups (PVTGs), in the list of Scheduled Tribes (STs) of Jammu & Kashmir, Andhra Pradesh and Odisha.

  3. The Global Cybersecurity Association (GCA), a dedicated non-profit body, announced the launch of which index at conference in New Delhi titled ‘Empowering Cybersecurity: Bringing youth, industry citizen & government on a common platform’?
    A) Competitiveness Index
    B) Human Development Index
    C) GCA Index
    D) Global Climate Risk Index
    E) None of the above
    View Answer
    Option C
    Explanation:

    The Global Cybersecurity Association (GCA), a dedicated non-profit body, announced the launch of ‘GCA Index’ at a conference in New Delhi titled ‘Empowering Cybersecurity: Bringing youth, industry citizen & government on a common platform’.

  4. Union Minister for MSME Narayan Rane inaugurated 4 technology centers, 2 extension centers to support MSMEs. Where were these centres launched?
    A) Mumbai
    B) Delhi
    C) Greater Noida
    D) Lucknow
    E) None of the above
    View Answer
    Option C
    Explanation:

    Union Minister for MSME Narayan Rane has said MSMEs are the backbone of India’s economy and the government is making all possible efforts to ensure that the MSMEs are duly supported.
    Shri Narayan Rane, inaugurated MSME Technology Centres at (i) Greater NOIDA; (ii) Kanpur (Uttar Pradesh); (iii) Baddi (Himachal Pradesh) and (iv) Imphal (Manipur) along with 2 Extension Centres at Karimnagar and Bhavanipatna (Odisha).

  5. Indian Renewable Energy Development Agency partnered with which IIT for clean energy innovation?
    A) IIT Kanpur
    B) IIT Bhubaneswar
    C) IIT Bombay
    D) IIT Gandhinagar
    E) None of the above
    View Answer
    Option B
    Explanation:

    Indian Renewable Energy Development Agency (IREDA) has taken a significant step towards fostering innovation and research in the renewable energy sector, by signing a memorandum of understanding (MoU) with Indian Institute of Technology Bhubaneswar.

  6. National Generic Document Registration System and Unique Land Parcel Identification Number were launched across which state?
    A) Sikkim
    B) Uttar Pradesh
    C) Assam
    D) Arunachal Pradesh
    E) None of the above
    View Answer
    Option C
    Explanation:

    Secretary, Department of Land Resources, Nidhi Khare rolled out National Generic Document Registration System (NDGRS) throughout Assam along with the launch of Unique Land Parcel Identification Number (ULPIN) seeding of geo referenced cadastral maps.

  7. Which institute joined hands with FutureSkills Prime, a joint initiative by nasscom and MeitY, aimed at making India a Digital Talent Nation, and TechSkill India?
    A) IIM Shillong
    B) IIT Bombay
    C) IIT kanpur
    D) SANS Institute
    E) None of the above
    View Answer
    Option D
    Explanation:

    Globally renowned SANS Institute joined hands with FutureSkills Prime, a joint initiative by nasscom and MeitY, aimed at making India a Digital Talent Nation, and TechSkill India, which is engaged in providing practical working knowledge, skill testing, validation of skilled personnel and skill enhancement in process and engineering, manpower secondment for onshore and offshore plants

  8. C-DOT collaborated with which institute for developing 140GHZ fully integrated transmitter-receiver module for 6G?
    A) IIT Roorkee
    B) IIT Bombay
    C) IIT Kanpur
    D) IIT Hyderabad
    E) None of the above
    View Answer
    Option A
    Explanation:

    C-DOT, the premier telecom R&D center of the Department of Telecommunications (DoT) and Indian Institute of Technology, Roorkee (IIT-R) signed an agreement for developing a 140GHz fully integrated transmitter and receiver module for 6G and beyond

  9. Which bank opened Swavalamban Connect Kendras in Nagaland to enhance entrepreneurship ecosystem?
    A) State Bank of India
    B) NABARD
    C) Small Industries Development Bank of India
    D) Punjab National Bank
    E) None of the above
    View Answer
    Option C
    Explanation:

    Small Industries Development Bank of India (SIDBI) in association with Government of Nagaland inaugurated Swavalamban Connect Kendras (SCKs) in 16 districts of Nagaland to lead the change in the entrepreneurial ecosystem in the state

  10. Which State Aviation Academy signed an MoU with ISRO’s National Remote Sensing Centre for drone pilot training?
    A) Karnataka
    B) Kerala
    C) Telangana
    D) Andhra Pradesh
    E) None of the above
    View Answer
    Option C
    Explanation:

    Telangana State Aviation Academy has signed a Memorandum of Understanding (MoU) for getting advanced training for Drone Pilots with the National Remote Sensing Centre (NRSC) of ISRO in Hyderabad.

  11. Which country signed an MoU to interlink UPI with that county’s instant payment platform AANI?
    A) Nepal
    B) Bangladesh
    C) India
    D) Sri Lanka
    E) UAE
    View Answer
    Option E
    Explanation:

    Multiple memoranda of understanding, including an MoU on interlinking of the instant payment platforms – UPI and UAE’s AANI, were exchanged between India and the United Arab Emirates in the presence of Prime Minister Narendra Modi and UAE President Mohammed bin Zayed Al Nahyan.

  12. IRDAI mandates AYUSH options in health covers from which date?
    A) March 1st 2024
    B) April 1st 2024
    C) September 1st 2024
    D) August 31st 2024
    E) None of the above
    View Answer
    Option B
    Explanation:

    Insurance regulator IRDAI has set April 1 as deadline for insurers to include AYUSH treatment under health covers.

  13. In a move to support farmers and traders with low-interest rate loans, the Warehousing Development Regulatory Authority (WDRA) signed an MoU with which bank?
    A) Union Bank of India
    B) Punjab National Bank
    C) Punjab and Sind Bank
    D) Bank of Maharashtra
    E) None of the above
    View Answer
    Option C
    Explanation:

    In a move to support farmers and traders with low-interest rate loans, the Warehousing Development Regulatory Authority (WDRA) and Punjab & Sind Bank (PSB) have signed a Memorandum of Understanding (MoU).
    The primary objective of the MoU is to raise awareness about funding against electronic Negotiable Warehouse Receipts (e-NWRs). The NWR system enables farmers to store the produce safely and scientifically at warehouses near their farms

  14. Life Insurance Corporation of India’s (LIC) shareholding in SBI Cards and Payments Services crossed by how many percent?
    A) 5%
    B) 25%
    C) 10%
    D) 20%
    E) None of the above
    View Answer
    Option A
    Explanation:

    Life Insurance Corporation of India’s (LIC) shareholding in SBI Cards and Payments Services crossed 5% with the insurer, as an investment function, acquiring recently a little more than three lakh shares in the non-banking financial company at an average cost of ₹716 per share

  15. AlgoBharat, Algorand Foundation’s India-focused initiative, announced the official launch of its Startup Lab program at T-Hub, with which state government’s tech incubator ?
    A) Karnataka
    B) Telangana
    C) Kerala
    D) Andhra Pradesh
    E) None of the above
    View Answer
    Option B
    Explanation:

    AlgoBharat, Algorand Foundation’s India-focused initiative, announced the official launch of its Startup Lab program at T-Hub, the Telangana government-led tech incubator.

  16. China’s Baidu partnered with which company to feature its generative artificial intelligence (AI) technology on the later’s smartphones?
    A) Lenovo
    B) Samsung
    C) Oppo
    D) MI
    E) None of the above
    View Answer
    Option A
    Explanation:

    China’s Baidu has partnered with Lenovo to feature its generative artificial intelligence (AI) technology on Lenovo’s smartphones, in the latest team up with a phone manufacturer as it seeks practical applications for its AI model.

  17. Indraprastha Gas Limited (IGL) has signed Memorandum of Understanding (MoU) with two technology partners during India Energy Week 2024 to establish Compressed Biogas (CBG) plants across which state?
    A) Delhi
    B) Haryana
    C) Rajasthan
    D) Uttar Pradesh
    E) All of the above
    View Answer
    Option E
    Explanation:

    Indraprastha Gas Limited (IGL) has signed Memorandum of Understanding (MoU) with two technology partners during India Energy Week 2024 to establish Compressed Biogas (CBG) plants across the four States of Delhi, Haryana, Rajasthan, and Uttar Pradesh

  18. CIAL signed MoU with Bharat Petroleum Corporation Ltd for setting up green hydrogen plant for which Airport?
    A) Silchar Airport
    B) Cochin Airport
    C) Sardar Vallabhbhai Patel International
    D) Swami Vivekananda Airport
    E) None of the above
    View Answer
    Option B
    Explanation:

    In a strategic move to bolster its pathbreaking green energy initiatives, Cochin International Airport Ltd (CIAL) has entered into a memorandum of understanding (MoU) with Bharat Petroleum Corporation Ltd (BPCL) for setting up a green hydrogen plant in the premises of Cochin Airport

  19. Who has been appointed as the Chairman and Managing Director of Indian Railway Traffic Services?
    A) S. Somanath
    B) Sanjay Kumar Jain
    C) Madhabi Puri Buch
    D) K N Vyas
    E) None of the above
    View Answer
    Option B
    Explanation:

  20. Which non-profit organization, unveiled the first ‘designed in India’ tablet, built for the educational needs of school children?
    A) EPIC Foundation
    B) Smile Foundation
    C) HelpAge India
    D) Pratham
    E) None of the above
    View Answer
    Option A
    Explanation:

    Epic Foundation, a non-profit organization, unveiled the first ‘designed in India’ tablet, built for the educational needs of school children

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