Current Affairs Quiz: June 15, 2024

Option D
Explanation:
Apple once again became the world’s most valuable company, dethroning Microsoft from the top spot, as the iPhone maker pushed ahead in a race to dominate artificial intelligence technology.

Option D
Explanation:
The Democratic Republic of Congo appointed Judith Suminwa Tuluka as the African nation’s first woman Prime Minister.

Option C
Explanation:
In a historic achievement for Indian equestrian sports, Shruti Vora, astride Magnanimous, has become the first Indian rider to win a three-star Grand Prix event.

Option E
Explanation:
TheWorld Health Organization (WHO) has designated the National Institute of Indian Medical Heritage (NIIMH), Hyderabad, a unit under the Central Council for Research in Ayurvedic Sciences (CCRAS), Ministry of Ayush as a WHO Collaborating Centre (CC) for “Fundamental and Literary Research in Traditional Medicine” (CC IND-177). This prestigious recognition is granted for a period of four years, starting from June 3, 2024.

Option B
Explanation:
The annual rate of inflation based on all India Wholesale Price Index (WPI) number is 2.61% (Provisional) for the month of May, 2024(over May, 2023). Positive rate of inflation in May, 2024 is primarily due to increasing prices of food articles, manufacture of food products, crude petroleum & natural gas, mineral oils, other manufacturing etc.

Option B
Explanation:
Ingenious Research Solutions Pvt Ltd., a start-up established by a woman entrepreneur, Dr. Shivani Verma after winning the prestigious Dare to Dream Innovation contest 2.0, a pan India theme-based contest organised by the Defence Research and Development Organisation (DRDO), has successfully developed an AI tool “Divya Drishti” that integrates face recognition with immutable physiological parameters such as gait and skeleton.

Option C
Explanation:
Prime Minister Narendra Modi arrived in Italy where he attended the G7 summit and held bilaterals with several world leadersl including British Prime Minister Rishi Sunak, French President Emmanuel Macron and Pope Francis.

Option B
Explanation:
The two day India-IORA Cruise Tourism Conference concluded in New Delhi. Officials and experts from the Indian Ocean Rim Association, IORA Member States including Bangladesh, Kenya, Madagascar, Maldives, Mozambique, Sri Lanka, South Africa, Seychelles and Tanzania participated in the Conference.

Option C
Explanation:
Divya Deshmukh added another significant title to her already impressive collection. The 18-year-old from Nagpur won the win the 2024 FIDE World Junior Chess Championship in the girls section after beating Bulgaria’s Beloslava Krasteva in the final round at the Gift City Club, Gujarat.

Option C
Explanation:
E-commerce platform Snapdeal signed a MoU with Digital India Bhashini, an Independent Business Division established by the Ministry of Electronics and Information Technology (MeitY) within Digital India Corporation (DIC), to develop services and products focused on enhancing language translation efforts to promote digital inclusion in India.

Option B
Explanation:
RITES Ltd, a premier PSU transport infrastructure consultancy, has signed a memorandum of understanding (MoU) with Eastern Railway’s Andal Diesel Shed, Asansol Division, West Bengal. This MoU sets up a framework for collaboration on major schedule repair and maintenance of Diesel-Electric Locomotives owned by RITES, Navratna Public Sector Enterprise, and other clients at the Andal Diesel Shed facility.

Option C
Explanation:
The ‘Missile Cum Ammunition Barge, LSAM 13, Yard 81, the fifth Barge of the Missile Cum Ammunition Barge project has been inducted into the Indian Navy. Yard 81 built by MSME Shipyard, SECON Engineering Projects Pvt Ltd (SEPPL), Visakhapatnam for Indian Navy. The launching Ceremony was presided over by Cmde Manish Vig, General Manager (QA), ND(Mbi).

Option A
Explanation:
The novel titled ‘Manohar Kahani’ written by Raghu Srinivasan has been released recently. The book was published by Hachette India.

Option E
Explanation:
The Reserve Bank of India(RBI) has imposed a monetary penalty of ₹1,45,50,000 on the Central Bank of Indi, citing deficiencies in regulatory compliance.

Option B
Explanation:
The Financial Intelligence Unit has slapped a fine of more than Rs 1.66 crore on Axis Bank for “failing” to put in place a mechanism to detect and report suspicious transactions carried out at one of its branches by creating a “fraud” account in the name of counter-terrorist commando force NSG.

Option B
Explanation:
Bank of Baroda has announced the launch of a nationwide online hackathon on generative artificial intelligence (GenAI), in collaboration with Microsoft.

Option C
Explanation:
State Bank of India (SBI) has sanctioned around 20,000 loans of Rs 10 lakh to Rs 50 lakh for small businesses as part of a digital lending pilot that started in December.

Option A
Explanation:
The Indian Army has received the first batch of domestically produced man-portable suicide drones, called Nagastra-1. The drones have been designed and developed fully in India by Economic Explosives Limited (EEL), a subsidiary of Solar Industries, and have an indigenous content of over 75 per cent.

Option C
Explanation:
Defence minister Rajnath Singh said that the objective of his ministry would be to increase exports, and set the target at ₹ 50,000 crore in the year 2028-29. He was speaking at a review meeting on the 100-day action plan of the defence ministry after taking charge for the second consecutive time as defence minister.

Option A
Explanation:
Rajib Kumar Mishra ceased to be chairman of PTC India Financial Services Ltd (PFS) as well as CMD of PTC India Ltd following the order passed by markets regulator Sebi that restrained him from holding the director’s post for six months, the two companies said.

Option C
Explanation:
Industry body Confederation of Indian Industry (CII) expects the country’s economy to grow at 8% in FY25, its fourth consecutive year of above 7% growth.

Option C
Explanation:
Leading ratings and economic research firm CRISIL is of the view that inflation is expected to average 4.5 per cent for the current financial year.

Option C
Explanation:
Ratings agency Moody’s said that India is expected to remain the fastest-growing economy in the Asia-Pacific region in 2024. This projection follows the momentum built in the previous year, driven largely by domestic factors.

Option B
Explanation:
Tiger Global and Peak XV Partners-backed neobanking startup Jupiter has secured a prepaid payments instrument licence from the Reserve Bank of India. This will allow the Bengaluru-based startup to offer digital wallets to its users for making UPI payments,transferring funds, besides paying bills.

Option D
Explanation:
Dr Kapil Dua, a pioneer in hair transplant surgery in India with over two decades of experience, has been announced as the President of the Asian Association of Hair Restoration Surgeons (AAHRS).

Option A
Explanation:
Aurionpro Payment Solutions said it has received Reserve Bank’s nod to operate as an online payment aggregator via its payment gateway brand AuroPay