Sunday, May 19, 2024
Banking QuizCA Quizzes (English)

Current Affairs Quiz: March 24 & 25, 2024

  1. Who, at the WTT Feeder Beirut tournament held in Lebanon, clinched the Men’s Singles title by defeating both Manav Vikas Thakkar in the final and Chuang Chih-yuan in the semi-finals?
    A) Sharath Kamal
    B) Sathiyan Gnanasekaran
    C) Aruna Quadri
    D) Achanta Kamal
    E) Harmeet Desai
    View Answer
    Option B
    Explanation:

    In Table Tennis, India’s Sathiyan Gnanasekaran has clinched the Men’s Singles title at WTT Feeder Beirut tournament in Lebanon.
  2. Where was the first transplant of a genetically modified kidney from a pig into a living human performed?
    A) Mayo Clinic in Rochester, Minnesota
    B) Massachusetts General Hospital in Boston
    C) Johns Hopkins Hospital in Baltimore, Maryland
    D) Cleveland Clinic in Cleveland, Ohio
    E) None of the above
    View Answer
    Option B
    Explanation:

    Doctors have performed the first transplant of a genetically modified kidney from a pig into a living human. The four-hour surgery was performed at Massachusetts General Hospital in Boston, which was also the first hospital to perform a kidney transplant in 1954.
  3. Who has been appointed as the new chairman of Surat Diamond Bourse (SDB), India’s second diamond trading hub?
    A) Narendra Modi
    B) Govind Dholakia
    C) Anil Ambani
    D) None of these
    E) Mukesh Ambani
    View Answer
    Option B
    Explanation:

    Diamond Baron Govind Dholakia has been appointed as the new chairman of Surat Diamond Bourse (SDB), India’s second diamond trading hub that was inaugurated by Prime Minister Narendra Modi, three months ago.
  4. Who has been awarded the first “Global Inequality Research Award” for their significant contributions to understanding global inequalities, particularly in the areas of social and environmental inequalities?
    A) Bina Agarwal and Amartya Sen
    B) James Boyce and Esther Duflo
    C) Amartya Sen and Esther Duflo
    D) None of these
    E) Bina Agarwal and James Boyce
    View Answer
    Option E
    Explanation:

    Bina Agarwal and James Boyce have been awarded the first “Global Inequality Research Award” for their significant contributions to understanding global inequalities, specifically in the areas of social and environmental inequalities.
  5. What celestial phenomena, named after Hindu deities, have astronomers recently identified within the Milky Way, offering insights into its early formation?
    A) Two ancient galaxies
    B) Ancient streams of stars named Shakti and Shiva
    C) Two black holes named Shakti and Shiva
    D) Planetary nebulae named after Hindu gods
    E) Galactic clusters named after ancient deities
    View Answer
    Option B
    Explanation:

    Astronomers have identified two ancient streams of stars – named after the Hindu deities Shakti and Shiva – that appear to be among the Milky Way’s earliest building blocks, offering new insight into how our galaxy came together long ago.
  6. For which achievement has ISRO (Indian Space Research Organisation) received the US’s Aviation Week Laureates Award?
    A) Mars Orbiter Mission
    B) Chandrayaan-1 mission
    C) Chandrayaan-3 mission
    D) Mangalyaan mission
    E) None of the above
    View Answer
    Option C
    Explanation:

    Isro has received US’s Aviation Week Laureates Award for its achievements in the Chandrayaan-3 mission, which made India the first country to land on Moon’s south pole on Aug 23 last year.
  7. Which companies have collaborated to inaugurate a Synergy Lounge in Singapore, aiming to accelerate digital adoption for enterprises in the Asia-Pacific region?
    A) Wipro and Google
    B) Infosys and Microsoft
    C) Tech Mahindra and IBM
    D) TCS and Amazon
    E) None of the above
    View Answer
    Option C
    Explanation:

    Tech Mahindra and IBM have joined forces to inaugurate a Synergy Lounge in Singapore, aimed at accelerating digital adoption for enterprises across the Asia-Pacific region. This collaboration seeks to leverage next-gen technologies to drive innovation and offer unique solutions to various industries.
  8. Who has been appointed as India’s flag bearer for the 2024 Paris Olympic Games, while also being the reigning CWG champion, and which legendary boxer has been named as the country’s chef de mission for the same event?
    A) MC Mary Kom; Sharath Kamal
    B) Sathiyan Gnanasekaran; Manav Vikas Thakkar
    C) Sharath Kamal; MC Mary Kom
    D) Manav Vikas Thakkar; Sathiyan Gnanasekaran
    E) None of the above
    View Answer
    Option C
    Explanation:

    Veteran table tennis player and reigning CWG champion Sharath Kamal will be India’s flag bearer at the 2024 Paris Olympic Games while legendary boxer MC Mary Kom was appointed the chef de mission of the country’s contingent.
  9. The Comptroller and Auditor General (CAG) of India signed a Memorandum of Understanding (MoU) with which institution on Artificial Intelligence?
    A) Indian Institute of Technology (IIT) Delhi
    B) Indian Institute of Technology (IIT) Bombay
    C) Indian Institute of Science (IISc) Bangalore
    D) Indian Statistical Institute (ISI)
    E) Indian Institute of Technology (IIT) Madras
    View Answer
    Option A
    Explanation:

    The Comptroller and Auditor General (CAG) of India signed a Memorandum of Understanding (MoU) with Indian Institute of Technology (IIT) Delhi on Artificial Intelligence.
  10. Who has been officially elected as Indonesia’s next president, set to succeed Joko “Jokowi” Widodo in October?
    A) Megawati Sukarnoputri
    B) Prabowo Subianto
    C) Susilo Bambang Yudhoyono
    D) Abdurrahman Wahid
    E) Susilo Bambang Yudhoyono
    View Answer
    Option B
    Explanation:

    Defense Minister Prabowo Subianto has been officially elected as Indonesia’s next president and is set to succeed Joko “Jokowi” Widodo at the helm of Southeast Asia’s largest economy in October.
  11. The Multi Commodity Exchange of India (MCX) and which exchange signed a memorandum of understanding (MoU) to enhance collaboration in various areas such as knowledge sharing, research, education, and market development initiatives?
    A) Singapore Exchange (SGX)
    B) Shanghai Futures Exchange (SHFE)
    C) Jakarta Futures Exchange (JFX)
    D) Tokyo Commodity Exchange (TOCOM)
    E) None of the above
    View Answer
    Option C
    Explanation:

  12. DBS Bank India announced a lending commitment of USD 250 million for which sector?
    A) Agriculture
    B) Real Estate
    C) Healthcare
    D) New-age start-ups
    E) Small and medium enterprises (SMEs)
    View Answer
    Option D
    Explanation:

    DBS Bank India announced a lending commitment of USD 250 million for new-age start-ups. The initiative is part of the bank’s focus on fostering innovation and entrepreneurship within the country’s thriving start-up ecosystem.
  13. Which bank, headquartered in Chennai, has introduced two new jewel loan products named IOB Gold Powered Card and Jewel Loan Suvidha?
    A) State Bank of India (SBI)
    B) Indian Overseas Bank (IOB)
    C) Punjab National Bank (PNB)
    D) HDFC Bank
    E) ICICI Bank
    View Answer
    Option B
    Explanation:

    Chennai-headquartered Indian Overseas Bank (IOB) has introduced two new jewel loan products – IOB Gold Powered Card and Jewel Loan Suvidha.
  14. Where was the first-ever dedicated portal launched to provide real-time information on water levels in dams and reservoirs, as well as the quantity of water available in canals in various parts of Rajasthan?
    A) Jodhpur
    B) Udaipur
    C) Jaipur
    D) Kota
    E) None of the above
    View Answer
    Option C
    Explanation:

    A first-ever dedicated portal launched in Jaipur will provide real time information on the water level in dams and reservoirs and the quantity of water available in canals in different parts of Rajasthan.
  15. Which organizations have signed a memorandum of understanding (MoU) for collaboration in the area of advanced materials for India’s space programmes?
    A) CSIR-National Institute of Science Education and Research (NISER) and Indian Space Research Organisation (ISRO)
    B) CSIR-National Chemical Laboratory (NCL) and Indian Institute of Space Science and Technology (IIST)
    C) None of these
    D) CSIR-National Physical Laboratory (CSIR-NPL) and Vikram Sarabhai Space Centre (VSSC)
    E) CSIR-National Institute for Interdisciplinary Science and Technology (CSIR-NIIST) and Vikram Sarabhai Space Centre (VSSC)
    View Answer
    Option E
    Explanation:

    The CSIR-National Institute for Interdisciplinary Science and Technology (CSIR-NIIST) has inked a memorandum of understanding (MoU) with the Vikram Sarabhai Space Centre (VSSC) for collaboration in the area of advanced materials for India’s space programmes.
  16. What is the name of the new species of deep-sea isopod discovered off the Kollam coast, named after the Indian Space Research Organisation (ISRO)?
    A) Brucethoa kollamensis
    B) Brucethoa isro
    C) ISROthoa spinyjawensis
    D) Kollamisopoda spacea
    E) None of the above
    View Answer
    Option B
    Explanation:

    Researchers have named a new species of deep-sea isopod discovered off the Kollam coast after the Indian Space Research Organisation (ISRO).The tiny fish-parasitic crustacean, belonging to the genus Brucethoa, was recovered from the base of the gill cavity of the Spinyjaw greeneye, a marine fish.
  17. How many insurers are now operating in the health insurance segment following the recent registration of Galaxy Health and Allied Insurance Company Ltd. by the Insurance Regulatory & Development Authority of India (IRDAI)?
    A) 7
    B) 3
    C) 5
    D) 8
    E) 9
    View Answer
    Option A
    Explanation:

    The Insurance Regulatory & Development Authority of India (IRDAI) granted a Certificate of Registration to a new health insurer, Galaxy Health and Allied Insurance Company Ltd, to carry out health insurance business in India. With this, the number of insurers operating in the health insurance segment has gone up to 7. This is the sixth registration granted by IRDAI in around one year in the Life, Non-life and Health Segment.
  18. What is the name of the RuPay smart key chain launched by Federal Bank for contactless NCMC payments at enabled metro stations and PoS terminals?
    A) MetroPay
    B) NCMC Flash
    C) None of these
    D) Flash Pay
    E) RuPay Key
    View Answer
    Option D
    Explanation:

    Federal Bank has launched a RuPay smart key chain called ‘Flash Pay’ for contactless NCMC (National Common Mobility Card) payments at enabled metro stations and PoS terminals. Customers can make payments up to ₹5,000 without a PIN, whereas those over ₹5,000 will require PIN authentication. The per day limit at any PoS terminal has been capped at ₹1 lakh.
  19. Which company has entered into a co-lending arrangement with Tata Capital Housing Finance, focusing on semi-urban and rural housing finance?
    A) HDFC Ltd
    B) Star Housing Finance
    C) LIC Housing Finance
    D) Bajaj Housing Finance
    E) None of the above
    View Answer
    Option B
    Explanation:

    Semi-urban and rural housing finance-focussed Star Housing Finance has entered into a co-lending arrangement with Tata Capital Housing Finance.
  20. For the fiscal year 2024-25, what is the rate of bonus under the Postal Life Insurance Scheme for whole life assurance (WLA)?
    A) ₹48 per thousand of sum assured
    B) ₹52 per thousand of sum assured
    C) ₹76 per thousand of sum assured
    D) ₹100 per thousand of sum assured
    E) None of the above
    View Answer
    Option C
    Explanation:

    The Centre has approved a simple reversionary bonus for Postal Life Insurance Scheme and Rural Postal Life Insurance Scheme for fiscal year 2024-25. There is no change in the rate.
    According to a notification, under the Postal Life Insurance Scheme, rate of bonus will be ₹76 per thousand of sum assured for whole life assurance (WLA). Similarly, for endowment assurance (EA) (including joint life and children policies), it will be ₹52 per thousand of sum assured. Anticipated endowment assurance (AEA) will fetch ₹48 per thousand of sum assured.

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