Current Affairs Quiz: June 16 & 17, 2024

June 17, 2024 CA Team

Which prestigious award did wildlife filmmaker Subbiah Nallamuthu receive at the 18th Mumbai International Film Festival?
A) Padma Shri Award
B) V. Shantaram Lifetime Achievement Award
C) National Film Award
D) Golden Globe Award
E) None of the above

View Answer
Option B
Explanation:
Wildlife filmmaker Subbiah Nallamuthu received the prestigious V Shantaram Lifetime Achievement Award at the 18th Mumbai International Film Festival.
Which central theme was highlighted at the ‘Global Wind Day 2024’ event organized by the Ministry of New and Renewable Energy (MNRE)?
A) Renewable India: Future Prospects
B) Green Energy Revolution
C) Pawan-Urja: Powering the Future of India
D) Sustainable Energy for All
E) None of the above

View Answer
Option C
Explanation:
The Ministry of New and Renewable Energy (MNRE) organised ‘Global Wind Day’ on the 15th of June 2024, aimed at celebrating the glorious success of Indian Wind Sector so far and also discussing the potential way forward for accelerating wind energy adoption in India.
With a central theme of “Pawan–Urja: Powering the Future of India”, the event successfully conducted panel discussions around the ‘Role of Wind Energy in Meeting the Power Demand’, ‘Accelerating Onshore Wind Energy Adoption in India’ and ‘Offshore Wind Development in India: Bolstering India’s Energy Security’.
What is the upper limit set by the Finance Ministry for arbitration cases involving government or public sector enterprises (PSEs)?
A) ₹5 crore
B) ₹10 crore
C) ₹15 crore
D) ₹20 crore
E) ₹30 crore

View Answer
Option B
Explanation:
In order to streamline arbitration process to resolve commercial dispute having government or PSE is one party, Finance Ministry has set an upper limit of ₹10 crore for cases to be brought in. It has also said that arbitration clause should not be automatically included in large contracts.
Where is the Mela Kheer Bhawani festival celebrated with religious fervor, drawing thousands of Kashmiri Pandits to the revered Kheer Bhawani temple dedicated to Ragnya Devi?
A) Amarnath
B) Srinagar
C) Tulmulla
D) Jammu
E) None of the above

View Answer
Option C
Explanation:
In Jammu and Kashmir, thousands of Kashmiri Pandits thronged the revered Kheer Bhawani temple dedicated to Ragnya Devi in Tulmulla area of Ganderbal district on the occasion of Mela Kheer Bhawani festival which is being celebrated with religious fervor.
From which country did India recently reclaim the position as the fourth-biggest global equity market, with its market capitalization reaching $5.2 trillion for BSE-listed companies?
A) Singapore
B) South Korea
C) Hong Kong
D) Taiwan
E) None of the above

View Answer
Option C
Explanation:
In a new feat, India has reclaimed the fourth-biggest global equity market tag from Hong Kong. The country’s market capitalisation soared 10 per cent to reach $5.2 trillion (BSE-listed companies). The US($56.4 trillion) retained it’s position as the largest global equity market. It was followed by China and Japan.
According to the report titled “Global Nitrous Oxide Budget 2024”, which country ranks as the world’s second largest source of nitrous oxide emissions?
A) United States
B) India
C) Brazil
D) Russia
E) None of the above

View Answer
Option B
Explanation:
India is the world’s second largest source of nitrous oxide (N2O), a greenhouse gas that heats up the atmosphere far more than carbon dioxide. Nearly 11% of such global man-made emissions in 2020 were from India, topped only by China at 16%.
The report titled “Global Nitrous Oxide Budget 2024”, led by researchers from Boston College and published in the journal Earth System Science Data, says the uncontrolled use of nitrogen fertilisers and animal manure in agricultural production contributed 74% of the total anthropogenic nitrous oxide emissions in the last decade.
Which international partners have joined China in developing scientific instruments for the Chang’e-7 mission aimed at the moon’s South Pole?
A) UAE and Saudi Arabia
B) Egypt and Bahrain
C) Qatar and Oman
D) Jordan and Kuwait
E) None of the above

View Answer
Option B
Explanation:
Egypt and Bahrain have joined China as international partners to develop and deliver scientific instruments for the Chang’e-7 mission, the Chinese lunar mission aimed at searching for water ice at the moon’s South Pole in 2026.
How many scientists were awarded the 2024 Kavli Prize across the fields of astrophysics, nanoscience, and neuroscience?
A) Six scientists
B) Seven scientists
C) Eight scientists
D) Nine scientists
E) None of the above

View Answer
Option C
Explanation:
The Norwegian Academy of Science and Letters has announced the 2024 Kavli Prize Laureates in the fields of astrophysics, nanoscience and neuroscience.This year, eight scientists were selected for the Kavli Prize for outstanding research that has broadened our understanding of the big, the small and the complex. The laureates in each field will share a $1 million prize.
At the G7 annual summit, how much funding did the leaders agree to provide to Ukraine using profits from frozen Russian assets?
A) $20 billion
B) $30 billion
C) $40 billion
D) $50 billion
E) None of the above

View Answer
Option D
Explanation:
G7 nations have agreed upon a $50bn deal to fund Ukraine through profits on frozen Russian assets, Italian Prime Minister Giorgia Meloni has said.
In the “Prime Global Cities Index January-March 2024” by Knight Frank, which city emerged as the top performer in terms of year-on-year growth in prime residential prices, positioning it third globally?
A) Tokyo
B) New York
C) None of these
D) London
E) Mumbai

View Answer
Option E
Explanation:
Mumbai and Delhi have emerged as top performers in the global luxury real estate market, according to Knight Frank’s recent report, “Prime Global Cities Index January-March 2024”. Both cities recorded significant increases in house prices, positioning them among the top five global cities for prime residential price growth.Mumbai saw a year-on-year (YoY) growth of 11.5% in prime residential prices during the January-March 2024 quarter, placing it third globally, up from sixth in the same period in 2023.
Who is the author of the book titled “A Fly on the RBI Wall: An Insider’s View of the Central Bank”?
A) Raghuram Rajan
B) Urjit Patel
C) Alpana Killawala
D) Shaktikanta Das
E) None of the above

View Answer
Option C
Explanation:
The book titled “A Fly on the RBI Wall: An Insider’s View of the Central Bank” written by Alpana Killawala has been released recently. This book offers an insightful glimpse into her journey and the institution’s transformation over 25 years.
Armenia’s decision to withdraw from which military alliance was recently confirmed by Prime Minister Nikol Pashinyan, amidst strained relations with Russia?
A) NATO
B) ASEAN
C) CSTO
D) SCO
E) None of the above

View Answer
Option C
Explanation:
Armenia’s Prime Minister Nikol Pashinyan confirmed that his country would pull out of the Collective Security Treaty Organization (CSTO), amid a widening rift with Moscow.The CSTO is a Russia-dominated alliance of former Soviet states that have pledged to protect one another in the event of an attack.
Which global sports organization has signed a five-year contract with Tata Communications for technology broadcast services?
A) FIFA
B) World Athletics
C) IOC (International Olympic Committee)
D) UEFA
E) None of the above

View Answer
Option B
Explanation:
Tata Communications has signed a five-year contract with global sports organization World Athletics as the latter’s technology broadcast partner across the globe.
This partnership marks Tata Communications as a pivotal supplier, committed to innovation and audience engagement. The collaboration aims to elevate viewer experience with immersive coverage and customized live content delivery across continents.
Which cricket boards do Gudakesh Motie and Chamari Athapaththu represent, who were named ICC Players of the Month for May 2024?
A) India and Australia
B) West Indies and Sri Lanka
C) England and South Africa
D) Pakistan and New Zealand
E) None of the above

View Answer
Option B
Explanation:
The International Cricket Council (ICC) has revealed the winners of the ICC Player of the Month awards for May 2024 as Gudakesh Motie of the West Indies and Chamari Athapaththu of Sri Lanka.
Where were three newly discovered craters on Mars named after Indian physicist Devendra Lal and towns in Uttar Pradesh and Bihar?
A) Physical Research Laboratory (PRL), Ahmedabad
B) Indian Institute of Science (IISc), Bangalore
C) Tata Institute of Fundamental Research (TIFR), Mumbai
D) Indian Space Research Organisation (ISRO), Bengaluru
E) None of the above

View Answer
Option A
Explanation:
Three recently discovered craters on the surface of Mars have been named for renowned cosmic ray physicist late Devendra Lal and the towns of Mursan and Hilsa in northern India.
While the discovery was made by a team of scientists which included researchers working at the Physical Research Laboratory (PRL)Ahmedabad in 2021, the naming was approved by an international body earlier this month.
Jammu & Kashmir has upgraded its Memorandum of Cooperation (MoC) with which country into a comprehensive strategic agreement, focusing on the agricultural sector?
A) Australia
B) Canada
C) New Zealand
D) United Kingdom
E) None of the above

View Answer
Option C
Explanation:
In a major advancement in the agricultural sector, Jammu & Kashmir has broadened its existing Memorandum of Cooperation (MoC) with New Zealand into a full fledged strategic agreement.
Wipro has recently launched which Artificial Intelligence (AI) platform aimed at leveraging Generative AI, machine learning, and deep learning technologies?
A) Lab45
B) AI45
C) TechGen
D) DeepML
E) None of the above

View Answer
Option A
Explanation:
Information technology company Wipro announced the launch of the Lab45 Artificial Intelligence (AI) platform, which leverages Generative AI (Gen AI), machine learning (ML), and deep learning technologies to enable companies to enhance efficiencies, transform business functions, and enable industry-specific solutions.
What is the name of the scheme introduced by the Assam government to provide monthly monetary support to girl students in order to combat child marriage?
A) Mukhya Mantri Nijut Moina (MMNM)
B) Beti Bachao Beti Padhao (BBBP)
C) Sukanya Samriddhi Yojana (SSY)
D) Kanya Sumangala Yojana (KSY)
E) None of the above

View Answer
Option A
Explanation:
The Assam government, led by Chief Minister Himanta Biswa Sarma, started the Mukhya Mantri Nijut Moina (MMNM) to provide monetary benefits to girl students every month.The Assam government has allocated Rs. 1,500 crore over five years for the MMNM scheme, with an initial budget of Rs. 300 crore for the first year.
Indian Railways entered the Limca Book of Records for organizing an event attended by 40,19,516 people at how many venues?
A) 1,500
B) 2,000
C) 2,140
D) 2,500
E) None of the above

View Answer
Option C
Explanation:
Indian Railways has entered its name into Prestigious Limca Book of Records for most people at a public service event at multiple venues.Ministry of Railways organized an event on 26 February 2024 which was attended by 40,19,516 people at 2,140 venues.

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