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Banking QuizCA Quizzes (English)

Current Affairs Quiz: February 27, 2024

  1. Who is Azerbaijan’s president who won fifth presidential term in the 2024 presidential election in Feb 2024?
    A) Ilham Aliyev
    B) Zahid Oruj
    C) Sardar Jalaloglu
    D) Razi Nurullayev
    E) Faraj Guliyev
    View Answer
    Option A
    Explanation:

    Forbes India magazine has unveiled its annual 30 under 30 list, where it picks 30 “trailblazers and disruptors” across fields who are under the age of 30. This year’s list includes three familiar names from the entertainment space: actors Radhika Madan, Rashmika Mandanna, and Dot.
  2. Which of the following celebrities did not make it to 2024 Forbes India list of 30 under 30?
    A) Rashmika Mandanna
    B) Radhika Madan
    C) Aditi Saigal, aka Dot
    D) Jasleen Royal
    E) None of the above
    View Answer
    Option D
    Explanation:

    Forbes India magazine has unveiled its annual 30 under 30 list, where it picks 30 “trailblazers and disruptors” across fields who are under the age of 30. This year’s list includes three familiar names from the entertainment space: actors Radhika Madan, Rashmika Mandanna, and Dot
  3. Which fintech company launched platform called ‘Digital Naari’ to generate self-employment for women?
    A) Acko
    B) PayNearby
    C) MoneyTap
    D) PayU
    E) None of the above
    View Answer
    Option B
    Explanation:

    In a step towards women’s empowerment, PayNearby, a leading fintech company, has launched “Digital Naari,” a platform designed to generate self-employment opportunities for women.
  4. Which state will launch Asha Kirana Eye Care at Your Doorstep’ under the aegis of National Programme for Control of Blindness and Visual Impairment?
    A) Uttar Pradesh
    B) Karnataka
    C) Bihar
    D) Tamil Nadu
    E) None of the above
    View Answer
    Option B
    Explanation:

    Karnataka Chief Minister Siddaramaiah will launch ‘Asha Kirana Eye Care at Your Doorstep’ under the aegis of National Programme for Control of Blindness and Visual Impairment in Haveri, an official statement said
  5. India’s which public sector lender announced over social media that it has crossed about 50 crore customers?
    A) Bank of Maharashtra
    B) Punjab National Bank
    C) State Bank of India
    D) Indian Bank
    E) None of the above
    View Answer
    Option C
    Explanation:

    India’s largest public sector lender, the State Bank of India announced over social media that it crossed about 50 crore customers, making it a monumental milestone for the bank
  6. Public sector lender State Bank of India (SBI) has surpassed which IT major company to become the country’s fifth most valued firm by market valuation?
    A) Wipro
    B) Infosys
    C) Tech Mahindra
    D) Accenture
    E) None of the above
    View Answer
    Option B
    Explanation:

    Public sector lender State Bank of India (SBI) has surpassed IT major Infosys to become the country’s fifth most valued firm by market valuation.
  7. Veteran singer Pankaj Udhas passed away in Mumbai. He was conferred with which National Award?
    A) Padma Bhushan
    B) Padma Shri
    C) Bharat Ratna
    D) Padma Vibhushan

    E) None of the above

    View Answer
    Option B
    Explanation:

    Veteran singer Pankaj Udhas passed away in Mumbai after a prolonged illness. He was 73
    He gained recognition as a professional singer with his song “Chitthi Aayee Hai” from the film Naam (1986). Since then, he recorded numerous albums, toured globally as a renowned Ghazal singer, composed music for several films, and contributed as a playba. In 2006, the Indian government conferred the Padma Shri on Udhas.

  8. Ministry of Women and Child Development has signed a MoU with which ministry for the nutritional improvement in adolescent girls through Ayurveda Interventions?
    A) Ministry of Women and Child Development
    B) Ministry of Home Affairs
    C) Ministry of Ayush
    D) Ministry of Social Justice and Empowerment
    E) None of the above
    View Answer
    Option C
    Explanation:

    Ministry of Ayush and Ministry of Women and Child Development have signed a MoU for the nutritional improvement in adolescent girls through Ayurveda Interventions
  9. PM Modi launched five new AIIMS and various developmental projects of how much worth from Rajkot, Gujarat?
    A) 45,000 crore
    B) 50,200 crore
    C) 48,100 crore
    D) 45,200 crore
    E) None of the above
    View Answer
    Option C
    Explanation:

    The Prime Minister, Narendra Modi dedicated to the nation and laid the foundation stone for multiple development projects worth more than Rs 48,100 crores in Rajkot, Gujarat. The projects encompass important sectors like health, road, rail, energy, petroleum & natural gas, and tourism among others.
  10. In which state ‘Sudarshan Setu’, country’s longest cable-stayed bridge, is being inaugurated by PM Narendra Modi?
    A) Uttarakhand
    B) Gujarat
    C) Uttar Pradesh
    D) Madhya Pradesh
    E) None of the above
    View Answer
    Option B
    Explanation:

    Indian Prime Minister Narendra Modi inaugurated India’s longest cable-stayed bridge in Gujarat’s Dwarka. The Sudarshan Setu connects Okha mainland with Beyt Dwarka and has been constructed at the cost of 11,81,19,678.60 USD (Rs 979 crore)
  11. India’s defence exports will touch what mark by 2028-29 as announced by Defence Minister Rajnath Singh ?
    A) Rs50000 crore
    B) Rs48000 crore
    C) Rs35000 crore
    D) Rs55000 crore
    E) None of the above
    View Answer
    Option A
    Explanation:

    The annual defence production is expected to touch ₹3 lakh crore from ₹16,000 crore now, and defence exports ₹50,000 crore by 2028-29, while insisting that the new-found thrust is a result of the government’s focus on long-term gains to make India a developed nation by 2047, Defence Minister Rajnath Singh said at the Defence Summit organised by a media organisation in New Delhi.
  12. The three new criminal laws that were passed by Parliament in 2023 will come into effect from which date?
    A) September 1, 2024
    B) June 1, 2024
    C) July 1, 2024
    D) August 1,2024
    E) None of the above
    View Answer
    Option C
    Explanation:

    The three new criminal laws that were passed by Parliament in 2023 will come into effect from July 1, 2024, according to a notification by the Ministry of Home Affairs (MHA). Section 106(2) of the Bharatiya Nyaya Sanhita (BNS), which provides for punishment of “0-10 years” in “hit and run” cases, has been put on hold. Earlier this year, transporters and drivers across the country struck work to protest the particular provision.
  13. Prime Minister Narendra Modi announced world’s largest grain storage plan of how much storage facility to be built across the country in five years?
    A) 500 lakh metric tonnes
    B) 700 lakh metric tonnes
    C) 400 lakh metric tonnes
    D) 600 lakh metric tonnes
    E) None of the above
    View Answer
    Option B
    Explanation:

    PM Narendra Modi launched the world’s largest grain storage plan in the cooperative sector, for farmers . He informed that that 700 lakh tonne storage capacity will be created in the next five years, with an investment of ₹1.25 lakh crore. Under the scheme, thousands of warehouses and godowns will be constructed across the country.
  14. Centre approved interest-free loans to Loan to Flue Cured Virginia tobacco growers in which state?
    A) Uttarakhand
    B) Andhra Pradesh
    C) Tamil Nadu
    D) Kerala
    E) None of the above
    View Answer
    Option B
    Explanation:

    Centre approves interest-free loans to Loan to FCV tobacco growers in Andhra Pradesh
  15. India bagged 14 medals, including 9 Golds at Archery Asia Cup 2024 held in which country?
    A) Iraq
    B) Nepal
    C) Sri Lanka
    D) India
    E) None of the above
    View Answer
    Option A
    Explanation:

    India bags 14 medals, including nine Golds at Archery Asia Cup 2024 in Baghdad, Iraq
  16. A committee led by Finance Secretary will suggest ways to enforce the uniform Know Your Customer (KYC) mechanism. Who is the current Finance Secretary of India?
    A) B. K. Chaturvedi
    B) Kamal Pande
    C) TV Somanathan
    D) K. M. Chandrasekhar
    E) None of the above
    View Answer
    Option
    Explanation:

    A committee led by Finance Secretary TV Somanathan will suggest ways to enforce the uniform Know Your Customer (KYC) mechanism. The committee will have members from various ministries, besides regulators.
  17. Chairman of State Bank of India said the bank is on course to record 14–15 per cent loan growth in the coming fiscal. Who is the chairman of State Bank of India ?
    A) B A Prabhakar
    B) S.A. Panse
    C) Dinesh Khara
    D) Sanjiv Misra
    E) None of the above
    View Answer
    Option C
    Explanation:

    Confident of growing ahead of the India’s GDP, Dinesh Khara, Chairman of India’s largest bank State Bank of India, said the bank is on course to record 14–15 per cent loan growth in the coming fiscal.
  18. The Reserve Bank of India’s (RBI’s) observed Financial Literacy Week 2024 under the theme “Make a Right Start – Become Financially Smart” from February 26 to March 1, 2024. Who is the governor of RBI?
    A) Shakti Kanta Das
    B) Ranjan Dhaawan
    C) V R Iyer
    D) Narendra Singh
    E) None of the above
    View Answer
    Option A
    Explanation:

    Shakti Kant das is the governor of RBI
  19. Vijay Shekhar Sharma has resigned from his position as part-time non-executive chairman and board member of which payments Bank?
    A) Paytm Payments Bank
    B) India Post Payments Bank
    C) Jio Payments Bank
    D) India Post Payments Bank
    E) None of the above
    View Answer
    Option A
    Explanation:

    Paytm founder and CEO Vijay Shekhar Sharma has resigned from his position as part-time non-executive chairman and board member of Paytm Payments Bank Limited (PPBL), almost a month after the Reserve Bank of India (RBI) initiated regulatory action against it.
  20. The Reserve Bank has imposed a monetary penalty of how much amount on City Union Bank for its ‘failure’ to comply with certain directions on “prudential norms on income recognition, asset classification and provisioning pertaining to advances and divergence in NPA and KYC directions”?
    A) Rs66 lakh
    B) Rs55 lakh
    C) Rs45lakh
    D) Rs35lakh
    E) None of the above
    View Answer
    Option A
    Explanation:

    The Reserve Bank has imposed a monetary penalty of ₹66 lakh on City Union Bank Ltd. (CUB) for its ‘failure’ to comply with certain directions on “prudential norms on income recognition, asset classification and provisioning pertaining to advances and divergence in NPA and KYC directions.”
  21. Nokia teamed up with which IT major to provide 5G private wireless solutions to enterprises?
    A) Infosys
    B) HCL Technologies
    C) Tech Mahindra
    D) Wipro
    E) None of the above
    View Answer
    Option D
    Explanation:

    IT services firm Wipro said it has partnered with Finnish telecom and IT company Nokia to deliver private wireless solutions to enterprises.
  22. Chairman of Cholamandalam Investment and Finance Co. Ltd. and Executive Vice Chairman of Tube Investments of India Ltd. was conferred the EY Entrepreneur of the Year Award at a function held in Mumbai recently. Who is Chairman of Cholamandalam Investment and Finance Co. Ltd?
    A) S.A. Panse
    B) Vellayan Subbiah
    C) . Sanjiv Misra
    D) Ranjan Dhaawan
    E) None of the above
    View Answer
    Option B
    Explanation:

    Vellayan Subbiah, Chairman of Cholamandalam Investment and Finance Co. Ltd. and Executive Vice Chairman of Tube Investments of India Ltd., was conferred the EY Entrepreneur of the Year Award at a function held in Mumbai recently.

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