Tuesday, May 28, 2024
Banking QuizCA Quizzes (English)

Current Affairs Quiz: February 4 & 5, 2024

  1. Government launched Digital India Future LABS to boost electronics system design. Digital India Future LABS is co-ordinated by which of the following?
    A) Sunfox
    B) Cyient
    C) ISRO
    D) CDAC
    E) None of the above
    View Answer
    Option D
    Explanation:

    Union Minister Rajeev Chandrasekhar launched the Digital India FutureLABS programme for the Electronics System Design and Manufacturing (ESDM) sector. Designed as a public-private partnership (PPP) model initiative, Digital India FutureLABS, coordinated by CDAC (Center for Development of Advanced Computing), aims to create an ecosystem for the development of intellectual property (IP), standards, and next-generation electronics system design in the country.
  2. Ministry of Electronics & IT (MeitY) transferred SMART food grain storage system technology to which company?
    A) M/s Paras Defense and Space Technology Ltd.
    B) Taneja Aerospace
    C) Bharat Dynamics
    D) Hindustan Aeronautics
    E) None of the above
    View Answer
    Option A
    Explanation:

    In a move towards fostering innovation and advancing technology, the Ministry of Electronics & IT (MeitY) has successfully transferred the Smart Food Grain Storage System (SAFEETY) technology to M/s Paras Defense and Space Technology Ltd.
  3. Which State government has partnered with Truecaller to promote cyber safety awareness?
    A) Karnataka
    B) Uttar Pradesh
    C) Kerala
    D) Tamil Nadu
    E) Punjab
    View Answer
    Option A
    Explanation:

    Truecaller, the leading global communications and Caller ID platform collaborates with the Department of Electronics and Information Technology (DeIT), Government of Karnataka to combat the growing incidents of cybercrime, impersonation, and fraud, and promote user safety in digital communication.
  4. Which film actor announced political party ‘Tamilaga Vetri Kazhagam?
    A) Ranbir Kapoor
    B) Vijay Devarkonda
    C) Thalapathy Vijay
    D) Shahrukh Khan
    E) Ranveer Singh
    View Answer
    Option C
    Explanation:

    Tamil actor Thalapathy Vijay announced the formation of political party, ‘Tamilaga Vettri Kazhagam,’ stating his commitment to “fundamental political change” with transparent, caste-free, and corruption-free administration.
  5. Uttarakhand police embraced smart policing with self-balancing electric scooters to patrol the vibrant streets of Haridwar. Which bank donated these self-balancing scooters?A) Ujjivan small finance Bank
    B) State Bank of India
    C) Punjab national Bank
    D) Utkarsh Small Finance Bank
    E) None of the above
    View Answer
    Option D
    Explanation:

    Abhinav Kumar, Director General of Police, Uttarakhand, flagged off four cutting-edge self-balancing electric scooters from the Police Headquarters to patrol the vibrant streets of Haridwar. Donated by Utkarsh Small Finance Bank, these eco-friendly electric scooters are equipped to navigate narrow streets, allowing police personnel to efficiently monitor walking paths, Ganga ghats, and crowded areas of the city
  6. Which country has become first European Union country to issue paperless visa?
    A) India
    B) France
    C) United States
    D) Nepal
    E) None of the above
    View Answer
    Option B
    Explanation:

    Since January 1, 2024, France has initiated the issuance of Digital Schengen visas, becoming the first country to hand out these visas in the European Union. This move precedes the anticipated complete digitalization of Schengen visa processes set for 2026.
  7. IRDAI asked insurers to give coverage for AYUSH in health insurance policies. What does “S” stands for in AYUSH?
    A) Shanti
    B) Savings
    C) Shakti
    D) Sidda
    E) None of the above
    View Answer
    Option D
    Explanation:

    The insurance regulator has asked general insurers to put Ayurveda, Yoga, Naturopathy, Unani, Siddha, and Homeopathy (AYUSH) at par with other medical treatments in their health insurance policies, citing “increased popularity
  8. Recently Edelweiss Life entered bancassurance partnership with which bank?
    A) State Bank of India
    B) Punjab National Bank
    C) ESAF Small Finance Bank
    D) Ujjivan Finance Bank
    E) None of the above
    View Answer
    Option C
    Explanation:

    Taking a substantial step to enrich the array of financial solutions for customers, ESAF Small Finance Bank has officially declared a bancassurance collaboration with Edelweiss Tokio Life Insurance
  9. Transactions of Unified Payment Interface (UPI) in value terms touched Rs 18.41 lakh crore as on January 31. Which organisation shared this data?
    A) UNESCO Institute for Statistics
    B) National Statistical Office
    C) National Payment Corporation of India
    D) United Nations Statistics Division
    E) None of the above
    View Answer
    Option C
    Explanation:

    Transactions of Unified Payment Interface (UPI) in value terms touched Rs 18.41 lakh crore as on January 31, according to the data shared by the National Payment Corporation of India (NPCI) showed
  10. The Reserve Bank of India (RBI) had announced the withdrawal of ₹2,000 denomination banknotes from circulation on May 19 last year. How much percent notes returned as of by February 2024?
    A) 95%
    B) 97.5%
    C) 99%
    D) 98%
    E) None of the above
    View Answer
    Option B
    Explanation:

    97.5 per cent of ₹2,000 notes already returned: RBI data
    The Reserve Bank of India (RBI) had announced the withdrawal of ₹2,000 denomination banknotes from circulation on May 19 last year. The status of withdrawal of ₹2000 banknotes is published by the banking regulator from time to time.
  11. T-hub partnered with Bala Vikasa to propel rural, social and frugal innovation. Where did it take place or is related to which state?
    A) Haryana
    B) Karnataka
    C) New Delhi
    D) Telangana
    E) None of the above
    View Answer
    Option D
    Explanation:

    T-Hub announced a partnership with Bala Vikasa, a trailblazing community development innovator. This strategic collaboration aligns with the imminent plans of the Telangana state government, poised to unveil a new Micro, Small, and Medium Enterprises (MSMEs) policy.
  12. Fitch Ratings forecasted India’s fiscal deficit to reach how much percent in FY25?
    A) 5.4%
    B) 4.25%
    C) 6.5%
    D) 5.25%
    E) None of the above
    View Answer
    Option A
    Explanation:

    Global ratings agency Fitch predicted, that the fiscal deficit will reach 5.4% of the GDP in FY25, more than the government’s target of 5.1% announced by Finance Minister Nirmala Sitharaman in the interim budget , February 1.
  13. At which stadium FIFA 2026 World Cup final is set to take place?
    A) San siro Stadium
    B) MetLife Stadium
    C) Wembley Stadium
    D) Anfield Stadium
    E) None of the above
    View Answer
    Option B
    Explanation:

    At New Jersey’s MetLife Stadium, home to the National Football League’s New York Giants and New York Jets
  14. Michelle O’Neill became Northern Ireland’s first minister. Which party does she belong to?
    A) Sinn Fein
    B) Social Democrates
    C) PBP Solidarity
    D) Independent Ireland
    E) None of the above
    View Answer
    Option A
    Explanation:

    O’Neill’s appointment reflects Sinn Fein’s (Political party) aspiration for a United Ireland, a vision they believe is now within grasp. Her elevation to the position of First Minister signifies the party’s growing influence and political clout in Northern Ireland.
  15. Recently who got honored with Shankar Smriti Award?
    A) P.V. Narsimha Rao
    B) Priest Ishwari Prasad Namboodiri
    C) M.S. Swaminathan
    D) Charan Singh
    E) None of the above
    View Answer
    Option B
    Explanation:

    Priest Ishwari Prasad Namboodiri, the chief priest (Rawal) of the world-renowned Badrinath Dham in Uttarakhand, was honoured with the Shankar Smriti Award in Kerala
  16. Who got honoured with ‘Outstanding Business Woman of the Year – 2023’?
    A) Kavitha
    B) Deepti Sharma
    C) Dr. Bina Modi
    D) Amelia Kerr
    E) None of the Above
    View Answer
    Option C
    Explanation:

    Dr. Bina Modi, Chairperson of Modi Enterprises, was honoured with the ‘Outstanding Business Woman of the Year – 2023’ Award by Rajnath Singh, Defence Minister of India
  17. Developer of India’s first oral contraceptive pill ‘Saheli’, passed away at 99. What was his/her name?
    A) Dr.Raymand Damadian
    B) Dr. Rene
    C) Dr Nitya Anand
    D) Dr. Mehmat
    E) None of the above
    View Answer
    Option
    Explanation:

    Dr Nitya Anand, who developed India’s first oral contraceptive pill ‘Saheli’, passed away at SGPGIMS Lucknow following a protracted illness. He was 99 years old
  18. The long-time actor best known for his roles as Apollo Creed in the “Rocky” movies as well as memorable roles in “Happy Gilmore” and “The Mandalorian”, passed away at age 76. What was his name?
    A) Jordan Peele
    B) Carl Weathers
    C) Alfred Hitchcock
    D) Clint Eastwood
    E) None of the above
    View Answer
    Option B
    Explanation:

    Carl Weathers, the long-time actor best known for his roles as Apollo Creed in the “Rocky” movies as well as memorable roles in “Happy Gilmore” and “The Mandalorian”, has passed away at age 76
  19. “9 Incredible Years of Haryana Government” was the name of the book that was recently published. Who was the Author?
    A) Arundhati Roy
    B) Khushwant Singh
    C) Jagdeep Dhankhar
    D) Salman Rushdie
    E) None of the above
    View Answer
    Option C
    Explanation:

    Vice President of India Jagdeep Dhankhar has released the book titled ‘9 Incredible Years of Haryana Government – Rise of a New and Vibrant Haryana’ at Surajkund Faridabad.
  20. Who was Eminent actor and director, who had made a mark in both Hindi and Odia cine industries, passed away in Mumbai at 84?
    A) Prashanta Nanda
    B) Sadhu Meher
    C) Shyam Benegal
    D) Susant Mani
    E) None of the above
    View Answer
    Option B
    Explanation:

    Eminent actor and director Sadhu Meher, who had made a mark in both Hindi and Odia cine industries, passed away in Mumbai. He was 84
  21. For nearly what amount the US State Department approved the sale of 31 armed MQ-9B SkyGuardian drones and related missiles to India?
    A) $4 Billion
    B) $6 Billion
    C) 8 Billion
    D) $5 billion
    E) None of the above
    View Answer
    Option a
    Explanation:

    The US State Department has given the go-ahead for the possible sale of 31 armed MQ-9B SkyGuardian drones, related missiles, and equipment to India for nearly $4 billion. This comes after years of discussions between the two nations about such a deal
  22. The monthly account of the Union Government of India up to the month of December 2023 was consolidated and reports were published on the same. How much amount did the centre spent on interest payments?
    A) Rs765465 cr
    B) Rs 7,48,207 cr
    C) Rs 608433 cr
    D) Rs 568849 cr
    E) None of the above
    View Answer
    Option B
    Explanation:

    The monthly account of the Union Government of India up to the month of December 2023 has been consolidated and reports published. Out of the total revenue expenditure, Rs 7,48,207 crore is on account of interest payments and Rs 2,76,804 crore is on account of major subsidies.
  23. During the current Financial Year 2023-24, Credit Guarantee Fund Trust for Micro & Small Enterprises (CGTMSE) has achieved a significant milestone of surpassing Rs 1.50 lakh crore worth of guaranteed amount as against a figure of 2022-23, increasing sharply by what percent with respect to 2022-2023?
    A) 50%
    B) 60%
    C) 80%
    D) 30%
    E) None of the above
    View Answer
    Option A
    Explanation:

    During the current Financial Year 2023-24, Credit Guarantee Fund Trust for Micro & Small Enterprises (CGTMSE) has achieved a significant milestone of surpassing Rs 1.50 lakh crore worth of guaranteed amount as against a figure of Rs 1.04 lakh crore in 2022-23, increasing sharply by 50%
  24. Recently in February 2024, which Russian cosmonaut set record for most time in space?
    A) Oleg Kononenko
    B) Oleg Artemyev
    C) Yuri Artyukhin
    D) Toktar Aubakirov
    E) None of the above
    View Answer
    Option A
    Explanation:

    Russian cosmonaut Oleg Kononenko(59) set a world record for total time spent in space, surpassing his compatriot Gennady Padalka who logged more than 878 days in orbit, Russia’s space corporation said.
  25. REC won the “Best Green Bond – Corporate Award” at the Asset Triple A Awards 2024. It comes under which ministry?
    A) Ministry of Power
    B) Ministry of Chemicals & Fertilizers
    C) Ministry of Coal
    D) Ministry of Commerce & Industry
    E) None of the above
    View Answer
    Option A
    Explanation:

    REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power and a leading NBFC, has been honored with the prestigious Best Green Bond – Corporate Award at The Asset Triple A Awards for Sustainable Finance. This recognition underscores REC’s commitment to Sustainable Finance and Environmental Sustainability.

Leave a Reply

Your email address will not be published. Required fields are marked *

0