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Banking QuizCA Quizzes (English)

Current Affairs Quiz: March 20, 2024

  1. Who has been appointed as the new Chief Executive Officer of Union Asset Management Company, replacing G Pradeepkumar?
    A) Madhu Nair
    B) Priya Sharma
    C) Rahul Singh
    D) Ananya Gupta
    E) None of the above
    View Answer
    Option A
    Explanation:

    Union Asset Management Company has appointed Madhu Nair as the Chief Executive Officer. He will replace G Pradeepkumar who tendered his resignation after 14 years of service.
  2. Who are the financial industry veterans appointed as Additional Directors in the capacity of Independent Directors on the board of Fino Payments Bank?
    A) Anita Sudhir Pai and Neeta Mukerji
    B) Rajesh Sharma and Sunil Mehta
    C) Deepak Sharma and Shalini Warrier
    D) Nandan Nilekani and Ratan Tata
    E) None of the above
    View Answer
    Option A
    Explanation:

    Fino Payments Bank has appointed financial industry veterans Anita Sudhir Pai and Neeta Mukerji as Additional Directors in the capacity of Independent Directors on its board.
  3. Which plan has Future Generali India Insurance Company (FGII) recently launched to cater to women’s health needs?
    A) Women’s Empowerment Scheme
    B) Health Sheild
    C) HEALTH POWHER
    D) Women’s Care Plan
    E) None of the above
    View Answer
    Option C
    Explanation:

    Future Generali India Insurance Company (FGII), a private general insurer, announced the launch of its most comprehensive women’s health insurance plan. The plan is designed to meet women’s unique needs.FGII “HEALTH POWHER” aims to address the various needs of women across the different stages of their lives.
  4. Who has been chosen as the Sangita Kalanidhi awardee for 2024, considered the equivalent of the Oscar in Carnatic music?
    A) T M Krishna
    B) A R Rahman
    C) Lata Mangeshkar
    D) Zakir Hussain
    E) None of the above
    View Answer
    Option A
    Explanation:

    Renowned carnatic musician, T M Krishna, has been chosen as the Sangita Kalanidhi awardee for 2024. The award, considered the Oscar equivalent for carnatic music, is given away by the Music Academy in Chennai.
  5. At which scientific conference did scientists unveil the discovery of the giant volcano on Mars that had been “hidden in plain sight” for over 50 years?
    A) The Mars Exploration Conference in California
    B) The International Planetary Congress in Florida
    C) The Lunar and Planetary Science Conference in Texas
    D) The Space Exploration Symposium in New Mexico
    E) None of the above
    View Answer
    Option C
    Explanation:

    Scientists have discovered a giant volcano on Mars that has been “hidden in plain sight” for more than 50 years. It is located in the eastern part of Mars’ Tharsis volcanic province near the planet’s equator, scientists revealed at the 55th Lunar and Planetary Science Conference, held in Texas.
  6. In which Indian state has the Election Commission (EC) initiated a special campaign aimed at maximizing voter turnout in polling stations with less than 60% voting during the last Lok Sabha polls?
    A) Rajasthan
    B) Himachal Pradesh
    C) Uttar Pradesh
    D) Gujarat
    E) Karnataka
    View Answer
    Option B
    Explanation:

    The Election Commission (EC) of India has launched a special campaign in Himachal Pradesh to maximise voter turnout in 414 polling stations which registered less than 60% voting in the last Lok Sabha polls. The main focus of the campaign — “Mission 414” — is increasing the vote percentage in 414 identified polling stations which registered less than 60 percent voting in the last Lok Sabha polls.
  7. Who recently became the first repeat winner at Indian Wells since Novak Djokovic’s three consecutive titles from 2014-2016?
    A) Rafael Nadal
    B) Roger Federer
    C) Carlos Alcaraz
    D) Novak Djokovic
    E) None of the above
    View Answer
    Option C
    Explanation:

    Alcaraz captured his first title since Wimbledon last July and became the first repeat winner at Indian Wells since Novak Djokovic won three straight titles from 2014-16.
  8. Where did the Indian Army recently raise its first Apache attack helicopter squadron, marking a significant capability boost in the desert sector near the Pakistan front?
    A) Leh, Ladakh
    B) Srinagar, Kashmir
    C) Jodhpur, Rajasthan
    D) Chandigarh, Punjab
    E) None of the above
    View Answer
    Option C
    Explanation:

    In a major capability boost, the Indian Army raised its first Apache attack helicopter squadron in the desert sector in Jodhpur near the Pakistan front.Also known as the ‘tanks in the air’, these advanced attack helicopters will land at the Indian Air Force’s (IAF) Hindon Air Force Station and then will be deployed in Jodhpur in May, near the India-Pakistan border.
  9. According to the World Air Quality Report 2023 by the Swiss organization IQAir, which region topped the list as the “most polluted metropolitan area” and which city was identified as having the “poorest air quality” among global capitals?
    A) Begusarai, Bihar; Delhi, India
    B) Mumbai, Maharashtra; Karachi, Pakistan
    C) Kolkata, West Bengal; Beijing, China
    D) Chennai, Tamil Nadu; Dhaka, Bangladesh
    E) None of the above
    View Answer
    Option A
    Explanation:

    Bihar’s Begusarai topped the list as the “most polluted metropolitan area in 2023”, while Delhi has been identified as the capital city with the “poorest air quality” among global nations, as per the findings of the World Air Quality Report 2023 by the Swiss organization IQAir.India ranked third worst out of 134 countries in terms of average annual PM2.5 concentration, trailing behind Bangladesh and Pakistan, as highlighted in this 6th Annual World Air Quality Report, which unveils concerning insights into the world’s most polluted countries, territories, and regions.
  10. Which military medical facility, falling under the Army’s Southern Command, was awarded the top honor in the ‘Raksha Mantri Trophy for Armed Forces Medical Services’ 2022?
    A) Army Hospital (Research & Referral), Delhi
    B) Command Hospital, Kolkata
    C) Command Hospital, Pune
    D) INHS Asvini, Mumbai
    E) None of the above
    View Answer
    Option C
    Explanation:

    Command Hospital at Pune falling under the Army’s Southern Command has won the top award in the ‘Raksha Mantri Trophy for Armed Forces Medical Services’ 2022.
  11. Who has been appointed as the next Ambassador of India to Russia, according to the Ministry of External Affairs (MEA)?
    A) Vinay Kumar
    B) Ramesh Singh
    C) Rajesh Sharma
    D) Anil Gupta
    E) None of the above
    View Answer
    Option A
    Explanation:

    Vinay Kumar, an Indian Foreign Service officer of the 1992 batch, has been named as the next Ambassador of India to Russia.Kumar currently holds the position of Ambassador of India to Myanmar. The Ministry of External Affairs (MEA) said in a statement that he is expected to take up the new assignment shortly.
  12. Who has been given the additional charge of Telangana as its Governor following the resignation of Tamilisai Soundararajan from the position?
    A) CP Radhakrishnan
    B) Tamilisai Soundararajan
    C) C Vidyasagar Rao
    D) E S L Narasimhan
    E) None of the above
    View Answer
    Option A
    Explanation:

    Jharkhand governor CP Radhakrishnan has been given the additional charge of Telangana, marking the third instance of a Tamil Nadu native holding the gubernatorial post in the state.Radhakrishnan was given the additional charge as Telangana Governor following the resignation of Tamilisai Soundararajan from the position.
  13. Who has been chosen as the recipient of the 33rd Saraswati Samman for 2023, and which eminent personality chaired the selection committee responsible for this prestigious literary award?
    A) Prabha Varma; K K Birla
    B) Prabha Varma; Arjan Kumar Sikri
    C) K K Birla; Prabha Varma
    D) Roudra Sathwikam; Justice Arjan Kumar Sikri
    E) None of the above
    View Answer
    Option B
    Explanation:

    The K K Birla Foundation has selected noted poet and litterateur Prabha Varma for the 33rd Saraswati Samman for 2023 for his novel Roudra Sathwikam. The Saraswati Samman awardee was chosen by a selection committee headed by former Supreme Court judge Justice Arjan Kumar Sikri.
  14. Which company, has revealed a ‘comprehensive approach’ aimed at addressing misinformation, voter interference, and enhancing transparency and accountability during the upcoming Lok Sabha elections?
    A) Google
    B) Twitter
    C) Meta
    D) WhatsApp
    E) None of the above
    View Answer
    Option C
    Explanation:

    Meta, the owner of popular social media companies like Instagram, Threads and Facebook, has unveiled a ‘comprehensive approach’ to limit misinformation, eliminate voter interference and increase transparency and accountability on its platform during the upcoming Lok Sabha elections.
  15. Which organization released the State of the Global Climate 2023 report, revealing that multiple climate records were broken in that year?
    A) National Aeronautics and Space Administration (NASA)
    B) Intergovernmental Panel on Climate Change (IPCC)
    C) World Meteorological Organization (WMO)
    D) Environmental Protection Agency (EPA)
    E) None of the above
    View Answer
    Option C
    Explanation:

    The year 2023 smashed multiple climate records with greenhouse gas levels, surface temperatures, ocean heat and acidification, sea level rise, Antarctic sea ice cover and glacier retreat reaching new highs, according to the World Meteorological Organization’s (WMO) State of the Global Climate 2023 report.This rapid rise in temperature from 2022 to 2023 can be partly explained by the shift from La Nina to El Nino conditions in the middle of 2023.
  16. According to Reserve Bank of India (RBI) data, how did India’s outward foreign direct investment (FDI) commitments change from February 2023 to February 2024?
    A) Decreased from $2.82 billion to $3.47 billion
    B) Increased from $2.82 billion to $3.47 billion
    C) Decreased from $3.47 billion to $2.82 billion
    D) Increased from $3.47 billion to $2.82 billion
    E) None of the above
    View Answer
    Option B
    Explanation:

    India’s outward foreign direct investment (FDI) commitments rose substantially to $3.47 billion in February 2024, compared to over $2.82 billion in February 2023. Sequentially, FDI commitments were also up from $2.18 billion in January 2024, according to Reserve Bank of India (RBI) data.
  17. What is the percentage increase in India’s net direct tax collections for the Financial Year (FY) 2023-24 compared to the previous fiscal year?
    A) 9.88 percent
    B) 19.88 percent
    C) 29.88 percent
    D) 39.88 percent
    E) None of the above
    View Answer
    Option B
    Explanation:

    India’s direct tax collections for the Financial Year (FY) 2023-24 have witnessed a significant upswing, with net collection reaching Rs 18.90 lakh crore till March 17, marking a 19.88 percent increase compared to the previous fiscal year.
  18. Which prestigious global telecom event is scheduled to be hosted in New Delhi from 15th to 24th October 2024, and which event, described as India’s premier technology event by Telecom Minister Ashwani Vaishnaw, will take place on 15th October alongside two key global telecom meetings in the same city?
    A) World Telecom Standardization Assembly Delhi 2024 (WTSA 2024); India Mobile Congress (IMC) 2024
    B) India Mobile Congress (IMC) 2024; World Telecom Standardization Assembly Delhi 2024 (WTSA 2024)
    C) Global Standards Symposium (GSS) 2024; International Telecommunication Union (ITU) Conference
    D) International Telecommunication Union (ITU) Conference; India Mobile Congress (IMC) 2024
    E) None of the above
    View Answer
    Option A
    Explanation:

    Billed by the government as India’s premier technology event, India Mobile Congress (IMC) 2024 is to be held on 15 October, alongside two key global telecom meetings in Delhi, Telecom Minister Ashwani Vaishnaw said. India will be hosting the World Telecommunication Standardization Assembly (WTSA 2024) from 15-24 October 2024, preceded by the Global Standards Symposium (GSS 2024) on 14 October 2024, Vaishnaw said.Vaishnaw also released new guidelines for Spectrum Regulatory Sandbox and Wireless Test Zones.
  19. Which city has been officially declared as Nepal’s tourism capital by the government, as announced during a ceremony at the Barahi Ghat?
    A) Kathmandu
    B) Pokhara
    C) Bhaktapur
    D) Patan
    E) None of the above
    View Answer
    Option B
    Explanation:

    In a significant move for Nepal’s tourism sector, the government officially declared Pokhara the country’s tourism capital during a ceremony held at the Barahi Ghat.
  20. Which establishment is being hailed as the first Ayurvedic Kitchen in India, offering customized food according to visitors’ health and frequented by patients from Maharishi Ayurveda Hospital in Shalimar Bagh, Delhi?
    A) Annapurna Wellness Retreat
    B) Prakriti Ayurvedic Spa
    C) Soma-The Ayurvedic Kitchen
    D) Nirvana Ayurvedic Cuisine
    E) None of the above
    View Answer
    Option C
    Explanation:

    Maharishi Ayurveda Hospital in Shalimar Bagh, Delhi treats its patients with the utmost care by providing them with panchakarma therapy, a meditation room, yoga training, deluxe room facilities and in-house doctors.
    At Soma-The Ayurvedic Kitchen, the food is customized according to the visitor’s health. The menu features dishes like Dumplings and Pav Bhaji, all prepared without onion and garlic. The hospital patients frequently visit this café during their treatment, alongside outside visitors. This restaurant is being hailed as the first Ayurvedic Kitchen in India.
  21. Reliance Consumer Products Limited (RCPL), the FMCG arm and wholly-owned subsidiary of Reliance Retail Ventures Limited (RRVL), has partnered with which company to manufacture, market, distribute, and sell beverages under the Elephant House brand across India?
    A) Coca-Cola
    B) PepsiCo
    C) Sri Lanka-headquartered Elephant House
    D) Nestlé
    E) None of the above
    View Answer
    Option C
    Explanation:

    Reliance Consumer Products Limited (RCPL), the FMCG arm and wholly-owned subsidiary of Reliance Retail Ventures Limited (RRVL), has partnered with Sri Lanka-headquartered Elephant House to manufacture, market, distribute and sell beverages under the Elephant House brand across India.
  22. In January, the Reserve Bank of India (RBI) made its most significant gold purchase since July 2022, acquiring how many tonnes of the precious metal?
    A) 7.2 tonnes
    B) 8.7 tonnes
    C) 10.5 tonnes
    D) 12.1 tonnes
    E) None of the above
    View Answer
    Option B
    Explanation:

    In January, the Reserve Bank of India (RBI) made its most significant gold purchase since July 2022, acquiring 8.7 tonnes of the precious metal.According to data from the World Gold Council, the RBI’s gold reserves rose to 812.3 tonnes in January from 803.58 tonnes in December 2023.
  23. In the ‘World Happiness Report’, which country secured the top spot, while Afghanistan remained at the bottom, and India maintained its position at which rank?
    A) Finland; 126th
    B) Denmark; 110th
    C) Iceland; 90th
    D) Sweden; 150th
    E) None of the above
    View Answer
    Option A
    Explanation:

    The Nordic countries have secured the top spots in the World Happiness Report published by Canadian economist John F. Helliwell, Richard Layard, Jeffrey Sachs, Jan Emmanuel De Neve, Lara B. Aknin, & Shun Wang. In the report, published, India ranked 126, the same as last year.
    In the annual UN-sponsored report, Nordic countries kept their places among the 10 most cheerful, with Finland, Denmark, Iceland, Sweden and Israel securing the top 5 spots. Afghanistan, plagued by a humanitarian catastrophe since the Taliban gained control over it in 2020, stayed at the bottom of the 143 countries surveyed.
  24. Procter & Gamble India has appointed Kumar Venkatasubramanian as the Chief Executive Officer, effective from May 1, 2024. Kumar will be succeeding whom in this role?
    A) Arvind Krishna
    B) Indra Nooyi
    C) None of these
    D) Nisha Narayanan
    E) LV Vaidyanathan
    View Answer
    Option E
    Explanation:

    Procter & Gamble India has announced the appointment of Kumar Venkatasubramanian as the Chief Executive Officer, effective from May 1, 2024. Kumar will assume responsibilities from LV Vaidyanathan, who is stepping down from the position after 28 years of service to the company.
  25. The Uttar Pradesh police have adopted the Trinetra app 2.0, a state-of-the-art digital platform, for what purpose?
    A) Traffic management
    B) Healthcare services
    C) Crime prevention and investigation
    D) Agricultural assistance
    E) None of the above
    View Answer
    Option C
    Explanation:

    The Uttars Pradesh police have adopted the Trinetra app 2.0, a state-of-the-art digital platform, to revolutionize crime prevention and investigation.

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