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Banking QuizCA Quizzes (English)

Current Affairs Quiz: February 17, 2024

  1. Which ministry in collaboration with Brahma Kumaris launched Nasha Mukt Bharat Abhiyaan Vehicle for Delhi-NCR?
    A) Cultural ministry
    B) AYUSH Ministry
    C) Consumer Affairs, Food and Public Distribution Ministry
    D) Ministry of Social Justice & Empowerment
    E) None of the above
    View Answer
    Option D
    Explanation:

    A vehicle dedicated to NMBA was flagged off by Secretary, Social Justice and Empowerment from DAIC, New Delhi to spread the awareness about the drug abuse.
  2. Rajasthan Chief Minister launched a special scheme for laborers and street vendors, named the Mukhyamantri Vishwakarma Pension Yojana. Who is the Chief Minister of Rajasthan?
    A) Manohar Lal
    B) Arvind Kejriwal
    C) Pramod Sawant
    D) Ashok Gehlot
    E) None of the above
    View Answer
    Option D
    Explanation:

    Rajasthan Chief Minister Ashok Gehlot launched a special scheme for laborers and street vendors, named the Mukhyamantri Vishwakarma Pension Yojana
    Under this scheme, eligible workers aged 60 or above will receive a monthly pension of Rs. 2,000. This pension aims to assist street vendors in meeting their daily needs without relying on others.
  3. Where is the Ministry of Electronics and Information Technology (MeitY), in collaboration with the National Institute of Electronics and IT (NIELIT), set to host the Future Skills Summit?
    A) Guwahati
    B) New Delhi
    C) Chandigarh
    D) Lucknow
    E) None of the above
    View Answer
    Option A
    Explanation:

    The Ministry of Electronics and Information Technology (MeitY), in collaboration with the National Institute of Electronics and IT (NIELIT), is set to host the Future Skills Summit in Guwahati. The event was inaugurated by Union Minister of State for Electronics and IT, Rajeev Chandrasekhar.
  4. Which type of bonds scheme has been declared to be unconstitutional by supreme court?
    A) Electoral Bond
    B) Covered bonds
    C) Floating rate bonds
    D) Convertible bonds
    E) None of the above
    View Answer
    Option A
    Explanation:

    The Supreme Court struck down the electoral bonds scheme, which provides blanket anonymity to financial contributions to political parties, and amendments made to the law allowing rich corporations to make unlimited political donations “unconstitutional and manifestly arbitrary”
  5. University of Liverpool Collaborated with whom for Cancer Research?
    A) AIIMS Rishikesh
    B) AIIMS Delhi
    C) AIIMS Raebareli
    D) AIIMS RaipurE) None of the above
    View Answer
    Option B
    Explanation:

    The All India Institute of Medical Sciences (AIIMS), New Delhi signed a Collaboration Agreement with the UK’s University of Liverpool for “AIIMS Liverpool Collaborative Centre for Translational Research in Head and Neck Cancer – ALHNS”.  The Union Health Minister Dr. Mansukh Mandaviya headed over the signing of the collaboration agreement

  6. Health Minister launched AIIMS- Smart Payment Card for Cashless Transactions at AIIMS, New Delhi in collaboration with which bank?A) State Bank of India
    B) Punjab national bank
    C) Punjab and Sind Bank
    D) Bank of Maharashtra
    E) None of the above
    View Answer
    Option A
    Explanation:

    Union Health Minister Dr. Mansukh Mandaviya launched AIIMS-SBI Smart payment card for hassle free payments in All India Institute of Medical Sciences, New Delhi.

  7. The Chief Minister of Sikkim recently launched Sikkim INSPIRES, a collaborative effort between the State Government and the World Bank. Who is the chief minister of Sikkim?
    A) Himanta Biswa Sarma
    B) Pema Khandu
    C)  Prem Singh Tamang
    D) Nitish Kumar
    E) None of the above
    View Answer
    Option C
  8. Sikkim Governor Lakshman Prasad Acharya spearheaded Swachh Bharat Campaign at Raj Bhavan in Gangtok, launching a week-long event titled “Hamro Sankalp: Viksit Bharat Pushpit Sikkim.”  He addressed which freedom fighter’s principles?
    A) Bhagat Singh.
    B) Mahatma Gandhi
    C) Sardar Vallabhbhai Patel
    D) Jawaharlal Nehru
    E) None of the above
    View Answer
    Option B
    Explanation:

    Sikkim Governor Lakshman Prasad Acharya spearheaded Swachh Bharat Campaign at Raj Bhavan in Gangtok, launching a week-long event titled “Hamro Sankalp: Viksit Bharat Pushpit Sikkim.”
    Embracing Mahatma Gandhi’s principles, he stressed role of cleanliness in Nation development, inspired by Prime Minister Narendra Modi’s Swachh Bharat Abhiyan

  9. Which state CM launched Honda’s ‘Project Buniyaad-Aathmanirbharta Ka Aadhar’?
    A) Meghalaya
    B) Manipur
    C) Assam
    D) Uttarakhand
    E) None of the above
    View Answer
    Option B
    Explanation:

    Manipur Chief Minister N Biren Singh launched “Project Buniyaad-AathmanirbhartaKa Aadhar”, a skill development and employment scheme in the hospitality sector. It aims to provide 100 per cent job placement to the youth from the North-eastern states in the hospitality sector.
  10. Which state achieved 100 per cent saturation in ‘Har Ghar Jal’ scheme under the Centre’s Jal Jeevan Mission (JJM) in February 2024?
    A) Meghalaya 
    B) Andhra Pradesh
    C) Manipur
    D) Arunachal Pradesh
    E) None of the above
    View Answer
    Option D
    Explanation:

    Arunachal Pradesh has achieved 100 per cent saturation in ‘Har Ghar Jal’ scheme under the Centre’s Jal Jeevan Mission (JJM), Chief Minister Pema Khandu has said
  11. Which northeast became the first state to launch Chief Minister Jan Aarogya Yojana?
    A) Mizoram
    B) Meghalaya
    C) Tripura
    D) Assam
    E) None of the above
    View Answer
    Option C
    Explanation:

    Tripura became the first state in the northeast and 12th in entire country to launch the Chief Minister Jan Aarogya Yojana.
  12. India with which country signed pact to link UPI, NPI for faster remittances?
    A) Nepal
    B) Bhutan
    C) Bangladesh
    D) Iran
    E) None of the above
    View Answer
    Option A
    Explanation:

    Reserve Bank of India (RBI) and Nepal Rastra Bank (NRB) signed and exchanged Terms of Reference (ToR) to integrate fast payment systems of India and Nepal through Unified Payments Interface (UPI) of India and National Payments Interface (NPI) of Nepal, respectively
  13. RBI canceled licence of which cooperative Bank?
    A) Jai Prakash Narayan Nagari cooperative bank
    B) Saraswat Cooperative Bank
    C) Abhyudaya Cooperative Bank.
    D) Cosmos Cooperative Bank
    E) None of the above
    View Answer
    Option A
    Explanation:

    The RBI has cancelled the licence of Jai Prakash Narayan Nagari Sahakari Bank Basmathnagar, Maharashtra, as the lender, with its present financial position, would be unable to pay its present depositors in full.
  14. Govt to receive how much as dividend from RBI, PSBs in FY25?
    A) Rs 1.06 lakh crore
    B) Rs 1.09 lakh crore
    C) Rs 1.04 lakh crore
    D) Rs 1.01 lakh crore
    E) Rs 1.02 lakh crore
    View Answer
    Option E
    Explanation:

    The government projected a dividend income of Rs 1.02 lakh crore from the RBI and public sector financial institutions in the next financial year. The government is set to earn a higher dividend of Rs 1.04 lakh crore in the current fiscal against the Budget Estimate of Rs 48,000 crore.
  15. Which bank dominated credit cards share in Dec’23>
    A) ICICI Bank
    B) Kotak Mahindra Bank
    C) HDFC Bank
    D) Axis Bank
    E) None of the above
    View Answer
    Option C
    Explanation:

    SBI leads debit cards market, HDFC Bank dominates credit cards share in Dec’23
  16. Which bank launched 4 new business credit cards for SME players, freelancers?
    A) State Bank Of India
    B) HDFC Bank
    C) Axis Bank
    D) ICICI Bank
    E) None of the above
    View Answer
    Option B
    Explanation:

    Private lender HDFC Bank has launched a new set of business range of credit cards aimed at entrepreneurs, freelancers, and professionals in the SME sector. The credit cards are available in four variants — BizFirst, BizGrow, BizPower, and BizBlack
  17. Which payment bank joined hands with NPCI to roll out Credit Lines on UPI’ feature?
    A) PayU
    B) Airtel
    C) Jio
    D) Paytm
    E) None of the above
    View Answer
    Option A
    Explanation:

    Payments solution provider, PayU announced collaboration with National Payments Corporation of India (NPCI) for rolling out of the ‘Credit Lines on UPI’ feature on its platform, which will create avenues of financial security and growth for the merchants.
  18. Max Financial Services got Insurance Regulatory and Development Authority of India (IRDAI) nod for capital infusion of Rs 1,612 cr by which bank into Max Life Insurance?
    A) Kotak Mahindra Bank
    B) ICICI bank
    C) HDFC bank
    D) State Bank of India
    E) Axis Bank
    View Answer
    Option E
    Explanation:

    Max Financial Services announced that it has received approval from Insurance Regulatory and Development Authority of India (IRDAI) for capital infusion of Rs 1,612 crore by Axis Bank into the company’s material subsidiary, Max Life Insurance
  19. At which airport will CIAL And BPCL set up first Green Hydrogen Plant?
    A) Dabolim Airport
    B) Vadodara Airport
    C) Tirupati airport
    D) Gaya airport
    E) Cochin Airport
    View Answer
    Option E
    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 on the premises of Cochin Airport.
  20. RBI imposed penalty of how much on Power Finance Corporation for non-compliance?
    A) Rs 8.8 lakh
    B) Rs 10 lakh
    C) Rs 5 lakh
    D) Rs 15 lakh
    E) None of the above
    View Answer
    Option A
    Explanation:

    The Reserve Bank of India (RBI) imposed a penalty of Rs 8.8 lakh on Power Finance Corporation (PFC) Limited for failing to comply with certain provisions of the ‘Liquidity Risk Management Framework for Non-Banking Financial Companies and Core Investment Companies’
  21. Which is the host city for the 45th edition of the Chess Olympiad?
    A) New Delhi
    B) Los Angles
    C) Budapest
    D) Chandigarh
    E) None of the above
    View Answer
    Option C
    Explanation:

    Union Minister for Youth Affairs and Sports Anurag Singh Thakur handed over the Chess Olympiad Torch to Budapest, Hungary, the host city for the 45th edition of the Chess Olympiad. The transfer of the torch took place at the Major Dhyanchand National Stadium in New Delhi.
  22. Digital payments company Visa named whom as vice-president and head of commercial and money movement solutions (CMS) for India and South Asia?
    A) Shruti Gupta
    B) S. Vishvanathan
    C) S.S Mallikarjuna Rao
    D) Shri Atanu Kumar Das
    E) None of the above
    View Answer
    Option A
    Explanation:

    Digital payments company Visa named Shruti Gupta as vice-president and head of commercial and money movement solutions (CMS) for India and South Asia.
  23. Who conferred Assam’s Highest Civilian Awards in Guwahati?
    A) Arjun Munda 
    B) Jagdeep Dhankhar
    C) Dharmendra Pradhan
    D) Narayan Tatu Rane
    E) None of the above
    View Answer
    Option B
    Explanation:

    Vice-President Jagdeep Dhankhar visited Guwahati on a day long tour to present the Assam government’s highest civilian awards ‘Assam Baibhav’, ‘Assam Saurabh’, and ‘Assam Gaurav’ to the winners.

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