Wednesday, July 17, 2024
Banking QuizCA Quizzes (English)

Current Affairs Quiz: March 28, 2024

  1. Who inaugurated the “Bureau de France” in Hyderabad to enhance cooperation between France and Telangana?
    A) François Richier
    B) Alexandre Ziegler
    C) Thierry Mathou
    D) Jean-Marc Ayrault
    E) None of the above
    View Answer
    Option C
    Explanation:

    French ambassador to India, Thierry Mathou inaugurated the “Bureau de France” in Hyderabad to enhance cooperation between France and Telangana.
  2. What is the name of the digital course unveiled by UNICEF India, in collaboration with the International Institute of Health Management Research, New Delhi, and IIT Bombay, aimed at equipping healthcare professionals with skills for driving India’s healthcare sector’s digital transformation?
    A) Digital Health Catalyst
    B) Healthcare Tech Pro
    C) Digital Health Enterprise Planning Course
    D) HealthTech Transform
    E) None of the above
    View Answer
    Option C
    Explanation:

    UNICEF India, in collaboration with the International Institute of Health Management Research, New Delhi, and IIT Bombay unveiled a digital course to equip healthcare professionals with the skills to drive the digital transformation of India’s healthcare sector.The ‘Digital Health Enterprise Planning Course,’ scheduled to commence on April 17, aims to equip healthcare professionals with the necessary skills to drive the digital transformation of India’s healthcare sector.
  3. Who launched the online learning platform “Shiksha Reform” in Surat as a significant step towards modernizing education in Gujarat?
    A) Narendra Modi
    B) Amit Shah
    C) None of these
    D) Vijay Rupani
    E) Praful Pansheriya
    View Answer
    Option E
    Explanation:

    In a significant move towards modernizing education, Gujarat’s Minister of State for Education, Praful Pansheriya, launched the online learning platform Shiksha Reform in Surat.
  4. According to the latest findings from the State Bank of India (SBI) Research, which Indian states spearheaded the post-pandemic growth, contributing significantly to the average real GDP growth surge?
    A) Karnataka and Tamil Nadu
    B) Maharashtra and Gujarat
    C) Maharashtra and Uttar Pradesh
    D) Gujarat and Rajasthan
    E) None of the above
    View Answer
    Option C
    Explanation:

    According to the latest findings from the State Bank of India (SBI) Research, out of the 235 basis point (bp) growth, Maharashtra and Uttar Pradesh emerged as frontrunners, contributing 56 and 40 bps respectively, while the remaining 90 bps stemmed from other states.
  5. Who became Saudi Arabia’s first-ever representative in the Miss Universe pageant, marking the country’s official entry into the competition?
    A) Nadia Al-Maliki
    B) Hala Al-Saud
    C) Layla Al-Farsi
    D) Rumy Alqahtani
    E) None of the above
    View Answer
    Option D
    Explanation:

    Saudi Arabia officially joined the Miss Universe pageant with Rumy Alqahtani as the Islamic country’s first-ever representative.
  6. In FY22, which cooperative bank in Himachal Pradesh was fined Rs 6 lakh by the Reserve Bank of India (RBI) for breaching prudential inter-bank exposure limits?
    A) The Mandi Cooperative Bank
    B) Kangra Central Cooperative Bank
    C) Solan District Cooperative Bank
    D) Shimla Urban Cooperative Bank
    E) None of the above
    View Answer
    Option A
    Explanation:

    The Reserve Bank of India (RBI) imposed a Rs 6 lakh fine on Himachal Pradesh’s The Mandi Cooperative Bank for breaching prudential inter-bank exposure limits in FY22.
  7. Why did the Reserve Bank of India (RBI) relax the norms on investments in Alternative Investment Funds (AIFs), providing relief to banks and non-banking financial companies (NBFCs)?
    A) To encourage speculative investments in AIFs
    B) To address concerns related to evergreening of loans
    C) To promote exclusive investment opportunities for banks and NBFCs

    D) To discourage diversification of investment portfolios
    E) None of the above

    View Answer
    Option B
    Explanation:

    In a relief to banks and non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) relaxed the norms it announced on investments in Alternative Investment Funds (AIFs) in December last year.The RBI had restricted banks and financial institutions from investing in AIFs where there is an exposure to a firm to which they have already lent to, in order to address evergreening on loans. The regulator had asked banks and NBFCs to make 100 per cent provisions for the entire investment in such AIF schemes.
  8. Which bank recently announced the introduction of a digital US dollar fixed deposit (FD) for NRI customers at the IFSC Banking Unit (IBU) at GIFT City, Gujarat, becoming the first bank to offer a digital journey for GIFT City Deposits?
    A) HDFC Bank
    B) Axis Bank
    C) ICICI Bank
    D) State Bank of India
    E) None of the above
    View Answer
    Option B
    Explanation:

    Axis Bank announced the introduction of digital US dollar fixed deposit (FD) for NRI customers at the IFSC Banking Unit (IBU) at GIFT City, Gujarat. With this introduction, Axis Bank becomes the first bank to offer a digital journey for GIFT City Deposits, the bank said in a statement.
  9. Which state-owned power giant recently signed an agreement with a Japanese agency for sourcing foreign currency loans worth USD 200 million (JPY 30 billion or around Rs 1,650 crore)?
    A) BHEL (Bharat Heavy Electricals Limited)
    B) NHPC (National Hydroelectric Power Corporation)
    C) NTPC (National Thermal Power Corporation)
    D) PGCIL (Power Grid Corporation of India Limited)
    E) None of the above
    View Answer
    Option C
    Explanation:

    State-owned power giant NTPC said it has inked a pact with a Japanese agency for sourcing foreign currency loans of USD 200 million (JPY 30 billion or around Rs 1,650 crore).

  10. According to the Insurance Regulatory and Development Authority of India (IRDAI), which of the following insurers have been identified as Domestic Systemically Important Insurers (D-SIIs) for the year 2023-24?
    A) Life Insurance Corporation of India, ICICI Lombard General Insurance, and HDFC ERGO General Insurance
    B) General Insurance Corporation of India, New India Assurance Co Ltd, and SBI General Insurance
    C) Life Insurance Corporation of India, General Insurance Corporation of India, and New India Assurance Co Ltd
    D) National Insurance Company Limited, Oriental Insurance Company Limited, and United India Insurance Company Limited
    E) None of the above
    View Answer
    Option C
    Explanation:

    The Insurance Regulatory and Development Authority of India (IRDAI) has identified three Domestic Systemically Important Insurers (D-Slls) for the year 2023-24.Life Insurance Corporation of India, General Insurance Corporation of India and New India Assurance Co Ltd continue to be identified in the 2022-23 list of D-Slls,’ the insurance regulator said in a release.
  11. According to the India Employment Report 2024 released by the International Labour Organisation (ILO) and the Institute of Human Development (IHD), what percentage of India’s youth account for the unemployed workforce?
    A) Approximately 65%
    B) Almost 75%
    C) Nearly 83%
    D) Around 90%
    E) None of the above
    View Answer
    Option C
    Explanation:

    India’s youth account for almost 83% of the unemployed workforce and the share of youngsters with secondary or higher education in the total unemployed youth has almost doubled from 35.2% in 2000 to 65.7% in 2022, as per the India Employment Report 2024 released by the International Labour Organisation (ILO) and the Institute of Human Development (IHD).
  12. To fuel economic growth and bridge the revenue shortfall, what amount does the Centre aim to raise through market borrowing in the April-September period of 2024-25, as per the recent announcement by the government?
    A) Rs 5 trillion
    B) Rs 7.5 trillion
    C) Rs 10 trillion
    D) Rs 12.5 trillion
    E) None of the above
    View Answer
    Option B
    Explanation:

    The Centre is planning to raise Rs 7.5 trillion through market borrowing in the April-September period of 2024-25 to fund the revenue gap to push economic growth, the finance ministry said.
  13. French aerospace and defence firm Starburst Accelerator SARL has announced a partnership with which institution to establish an innovative hub for start-ups, supported by €100 million in funding?
    A) Indian Institute of Management Bangalore (IIM Bangalore)
    B) Indian Institute of Technology Bombay (IIT Bombay)
    C) Indian Institute of Technology Madras (IIT Madras)
    D) Indian Institute of Science Bangalore (IISc Bangalore)
    E) None of the above
    View Answer
    Option C
    Explanation:

    French aerospace and defence firm Starburst Accelerator SARL is partnering with the Indian Institute of Technology Madras (IIT Madras) to set up an innovative hub for start-ups with €100 million in funding support.
  14. Adani Power shares are expected to be in focus following which regulatory approval received by the Adani group company?
    A) Securities and Exchange Board of India (SEBI)
    B) Reserve Bank of India (RBI)
    C) Competition Commission of India (CCI)
    D) Ministry of Corporate Affairs (MCA)
    E) None of the above
    View Answer
    Option C
    Explanation:

    Adani Power shares would be in focus after the Adani group company received nod from competition regulator Competition Commission of India (CCI) for acquiring Lanco Amarkantak Power Limited.

  15. Adani Ports and Special Economic Zone (APSEZ) recently increased its footprint on India’s coastline by acquiring a 95% stake in which port operator at an enterprise value of Rs 3,080 crore?
    A) Jawaharlal Nehru Port Trust (JNPT)
    B) Mumbai Port Trust
    C) Gopalpur Port Ltd (GPL)
    D) Paradip Port Trust
    E) None of the above
    View Answer
    Option C
    Explanation:

    India’s largest port operator Adani Ports and Special Economic Zone (APSEZ) has expanded its presence on India’s coastline after buying 95 per cent in Odisha’s Gopalpur Port Ltd (GPL) at an enterprise value of Rs 3,080 crore.
  16. At the boxing Sub Junior National Championship, which state secured the team titles in both the boys and girls categories, accumulating a combined haul of 19 medals?
    A) Punjab
    B) Haryana
    C) Kerala
    D) Maharashtra
    E) None of the above
    View Answer
    Option B
    Explanation:

    Haryana clinched the team titles in both the boys and girls categories with an impressive combined haul of 19 medals at the boxing Sub Junior National Championship.
  17. Who has been appointed as the Director General of the National Investigation Agency (NIA), as per a Personnel Ministry order?
    A) Sadanand Vasant Date
    B) Ajit Doval
    C) Rajiv Jain
    D) Y. C. Modi
    E) None of the above
    View Answer
    Option A
    Explanation:

    Maharashtra Anti-Terrorism Squad chief Sadanand Vasant Date has been appointed as the Director General of the National Investigation Agency (NIA), according to a Personnel Ministry order.
  18. Who became the youngest president in Senegal’s history after winning more than 54 percent of the votes in the presidential election, as announced by the Dakar appeals court?
    A) Bassirou Diomaye Faye
    B) Macky Sall
    C) Ousmane Sonko
    D) Abdoulaye Wade
    E) None of the above
    View Answer
    Option A
    Explanation:

    Opposition candidate Bassirou Diomaye Faye won more than 54 percent of votes in Senegal’s presidential election, the Dakar appeals court has said.he is set to become the youngest president in Senegal’s history.
  19. Who recently took the oath as the judicial member of Lokpal, with the oath administered by Justice A. M. Khanwilkar, the Chairperson of Lokpal of India?
    A) Justice Ritu Raj Awasthi
    B) Justice A. M. Khanwilkar
    C) Pankaj Kumar
    D) Ajay Tirkey
    E) None of the above
    View Answer
    Option A
    Explanation:

    Justice Ritu Raj Awasthi was sworn-in as the judicial member, Lokpal. The oath was administered by Justice A. M. Khanwilkar, Chairperson, Lokpal of India.

  20. Who has been selected for the appointment as Director in the Union Public Service Commission (UPSC)?
    A) Rakesh Kumar (IPS)
    B) None of these
    C) Priya Singh (IFS)
    D) Rahul Sharma (IRS)
    E) Hansha Mishra (IA&AS)
    View Answer
    Option E
    Explanation:

    Hansha Mishra (IA&AS) has been selected for the appointment as Director in the Union Public Service Commission (UPSC).
  21. Which institution transferred a vaccine technology to BioMed Pvt. Ltd, a vaccine manufacturing company?
    A) Indian Institute of Technology Bombay (IIT Bombay)
    B) Indian Institute of Technology Delhi (IIT Delhi)
    C) Indian Institute of Technology Guwahati (IIT Guwahati)
    D) Indian Institute of Technology Madras (IIT Madras)
    E) None of the above
    View Answer
    Option C
    Explanation:

    Indian Institute of Technology Guwahati (IIT Guwahati) transferred a vaccine technology to BioMed Pvt. Ltd, a vaccine manufacturing company.
  22. Who recently passed away at the age of 95 due to age-related ailments, holding the position of Chief of Ramakrishna Math and Ramakrishna Mission?
    A) Swami Vivekananda
    B) Swami Smaranananda Maharaj
    C) Swami Sivananda
    D) Swami Chinmayananda
    E) None of the aove
    View Answer
    Option B
    Explanation:

    The Chief of Ramakrishna Math and Ramakrishna Mission, Swami Smaranananda Maharaj, died at 95 due to age-related ailments.
  23. Who is the author of the book “11 Rules For Life: Secrets to Level Up,” recently released by HarperCollins India?
    A) Arundhati Roy
    B) Amish Tripathi
    C) Chetan Bhagat
    D) Durjoy Datta
    E) None of the above
    View Answer
    Option C
    Explanation:

    The book titled “11 Rules For Life: Secrets to Level Up” book written by Chetan Bhagat has been released recently. It was put by HarperCollins India.
  24. Who authored the book “Under the Influence: How to Survive and Thrive Online,” recently published by HarperCollins India?
    A) Durjoy Datta
    B) Chetan Bhagat
    C) Malini Agarwal
    D) Amish Tripathi
    E) None of the above
    View Answer
    Option C
    Explanation:

    HarperCollins India published the book titled “Under the Influence: How to Survive and Thrive Online” by one of India’s first digital influencers and founder of the popular lifestyle blog MissMalini.

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