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Banking QuizCA Quizzes (English)

Current Affairs Quiz: March 29, 2024

  1. In which Indian state is Gangapuram, the temple town where the 900-year-old Kannada inscription from the Kalyana Chalukya dynasty was discovered, located?
    A) Tamil Nadu
    B) Karnataka
    C) Telangana
    D) Andhra Pradesh
    E) None of the above
    View Answer
    Option C
    Explanation:

    A 900-year-old Kannada inscription from the Kalyana Chalukya dynasty has been found in a state of utter neglect at Gangapuram, a temple Town, in Jadcherla mandal, Mahabubnagar district.
  2. Which entity is responsible for organizing the Annual Army Commanders’ Conference, as conducted in a hybrid format for the year 2024?
    A) Indian Army
    B) Ministry of Defence
    C) Indian Air Force
    D) Indian Navy
    E) None of the above
    View Answer
    Option A
    Explanation:

    Indian Army Kicks Off Annual Army Commanders’ Conference, first for the year 2024 will be organised in hybrid mode with the conference in virtual mode scheduled on 28th March 2024 and thereafter physical mode in New Delhi on 01st and 02nd April 2024.
  3. How much stake did Kotak Mahindra Bank acquire in Sonata Finance Private Limited, a microfinance institution?
    A) 50%
    B) 100%
    C) 75%
    D) 20%
    E) 40%
    View Answer
    Option B
    Explanation:

    Kotak Mahindra Bank informed exchanges that it had acquired 100 per cent stake in Sonata Finance Private Limited, a microfinance institution for Rs 537 crore.
  4. Who has been appointed as the managing director & chief executive officer (MD & CEO) of Bank of Maharashtra, effective from 27 March 2024?
    A) Deepak Parekh
    B) None of these
    C) Rakesh Sharma
    D) Rajnish Kumar
    E) Nidhu Saxena
    View Answer
    Option E
    Explanation:

    Bank of Maharashtra has appointed Nidhu Saxena as the managing director & chief executive officer (MD & CEO) of the bank for a period of three years effective from 27 March 2024.
  5. Reliance Industries, led by Mukesh Ambani, has acquired a 26 per cent stake in a Madhya Pradesh power project owned by
    A) Tata Group
    B) Birla Group
    C) Gautam Adani
    D) Anil Agarwal
    E) None of the above
    View Answer
    Option C
    Explanation:

    Mukesh Ambani’s Reliance Industries has bought a 26 per cent stake in a Madhya Pradesh power project of Gautam Adani, and signed a pact to use the plant’s 500 MW of electricity for captive use. This is the first business collaboration between the two billionaires.
  6. Collins Obuya, a veteran all-rounder from which country, has announced his retirement from cricket?
    A) South Africa
    B) Kenya
    C) Zimbabwe
    D) Uganda
    E) None of the above
    View Answer
    Option B
    Explanation:

    Veteran Kenyan allrounder Collins Obuya(42) has announced his retirement from cricket following Kenya’s defeat to Uganda in the third-place play-off match at the African Games.
  7. Whose autobiography, titled “From A Car Shed To The Corner Room & Beyond,” has been recently released?
    A) Sachin Tendulkar
    B) Saina Nehwal
    C) S. Raman
    D) Shah Rukh Khan
    E) None of the above
    View Answer
    Option C
    Explanation:

    S. Raman’s autobiography, “From A Car Shed To The Corner Room & Beyond,” has been released recently.

  8. Who led the Indian Parliamentary Delegation during the bilateral meeting with Armenian counterparts on the sidelines of the 148th Inter-Parliamentary Union (IPU) event in Geneva, Switzerland?
    A) Narendra Modi
    B) Amit Shah
    C) Harivansh Narayan Singh
    D) Sushma Swaraj
    E) None of the above
    View Answer
    Option C
    Explanation:

    The Indian Parliamentary Delegation, led by Deputy Chairman of Rajya Sabha Harivansh Narayan Singh, held a bilateral meeting with their Armenian counterparts on the sidelines of the 148th Inter-Parliamentary Union (IPU) event in Geneva, Switzerland. The meetings and discussions during the IPU event aimed to strengthen parliamentary ties between India and other nations
  9. Who signed legislation in Florida prohibiting people under 14 years old from having social media accounts, regardless of parental consent?
    A) Joe Biden
    B) Ron DeSantis
    C) Kamala Harris
    D) Donald Trump
    E) None of the above
    View Answer
    Option B
    Explanation:

    Florida Gov. Ron DeSantis signed legislation that prohibits people under 14 years old from having social-media accounts, regardless of parental consent, one of the most restrictive laws aimed at curbing social-media access for minors.

  10. Who has been appointed as the new Director General of the National Investigation Agency (NIA) in India?
    A) Sadanand Vasant Date
    B) Rajeev Kumar
    C) Rahul Sharma
    D) None of these
    E) Piyush Anand
    View Answer
    Option A
    Explanation:

    In a significant reorganisation within India’s security apparatus, the Centre has announced pivotal appointments in key agencies, giving charge of the new Director General of the National Investigation Agency (NIA) to distinguished IPS officer Sadanand Vasant Date, his batchmate Rajeev Kumar as chief of Bureau of Police Research & Development (BPR&D) and their one-year-old junior Piyush Anand as head of the National Disaster Response Force (NDRF).
  11. Which app is being utilized by the Election Commission of India (ECI) to monitor the election process and allow citizens to report violations of the Model Code of Conduct and election expenditures by capturing photos and videos?
    A) eVoting
    B) PollWatch
    C) VoteGuard
    D) cVIGIL
    E) None of the above
    View Answer
    Option D
    Explanation:

    The Election Commission of India (ECI) is keeping a close watch on the election process through the cVIGIL app. The app allows citizens to report violations of the Model Code of Conduct and election expenditures by capturing photos and videos.
  12. How much investment has Wipro GE Healthcare announced for manufacturing output and local research and development (R&D) over the next 5 years?
    A) $500 million
    B) $800 million
    C) $600 million
    D) $1 billion
    E) $1.5 billion
    View Answer
    Option D
    Explanation:

    Wipro GE Healthcare announced an investment of over $1 billion (Rs 8000 crore) in manufacturing output and local research and development (R&D) over next 5 years.
  13. Which Southeast Asian country’s lawmakers recently approved legislation to officially recognize same-sex marriage, making it the first in the region to guarantee marriage rights for gay and lesbian couples?
    A) Indonesia
    B) Thailand
    C) Malaysia
    D) Vietnam
    E) None of the above
    View Answer
    Option B
    Explanation:

    Thailand’s lawmakers passed a legislation to recognize same-sex marriage, paving the way for the country to become the first in Southeast Asia to guarantee marriage rights for gay and lesbian couples. The 500-member House of Representatives voted to pass the so-called “marriage equality” bill, technically an amendment to the Civil and Commercial Code, in a final reading.
  14. Which organization will conduct the Space Science and Technology Awareness Training (START) 2024 programme during April and May?
    A) NASA
    B) ESA (European Space Agency)
    C) ISRO (Indian Space Research Organisation)
    D) CNSA (China National Space Administration)
    E) None of the above
    View Answer
    Option C
    Explanation:

    The Indian Space Research Organisation (ISRO) will conduct the Space science and Technology Awareness Training (START) 2024 programme during April and May.
  15. For the financial year 2024-25, what is the range of increase in wage rates for MGNREGA workers notified by the Centre?
    A) 1-5%
    B) 3-10%
    C) 6-12%
    D) 8-15%
    E) None of the above
    View Answer
    Option B
    Explanation:

    Ahead of the general elections, the Centre has notified a 3-10 per cent increase in the wage rates for MGNREGA workers for the financial year 2024-25. The new wage rates will come into effect from April 1,2024.The average MGNREGA wage increase across India is ₹28 per day . The average wage for 2024-25 will be ₹289 as against ₹261 for FY’23-24.
  16. In which city has Israel Aerospace Industries (IAI) inaugurated its Indian subsidiary?
    A) Mumbai
    B) Bangalore
    C) New Delhi
    D) Hyderabad
    E) None of the above
    View Answer
    Option C
    Explanation:

    Aerospace and defence company, Israel Aerospace Industries (IAI), has opened its Indian subsidiary in New Delhi.
  17. What percentage of the food produced globally in 2022 was estimated to be wasted according to a recent United Nations report?
    A) 10%
    B) 19%
    C) 16%
    D) 35%
    E) 25%
    View Answer
    Option B
    Explanation:

    A recent United Nations report has revealed that the world wasted an estimated 19% of the food produced globally in 2022, totaling about 1.05 billion metric tons. The report, titled the U.N. Environment Programme’s Food Waste Index Report, was published and tracks countries’ progress in halving food waste by 2030.
  18. India has released the second tranche of how much amount to Bhutan for the development of infrastructure related to the GyalSung Project?
    A) Rs 200 crore
    B) Rs 300 crore
    C) Rs 400 crore
    D) Rs 500 crore
    E) Rs 800 crore
    View Answer
    Option D
    Explanation:

    India has released the second tranche of Rs 500 crore to Bhutan for the development of infrastructure related to the GyalSung Project. The first tranche of Rs 500 crore was released on January 28 earlier this year.
  19. Who has been appointed as the Assistant Secretary-General and Special Representative of the Secretary-General for Disaster Risk Reduction at the United Nations Office for Disaster Risk Reduction (UNDRR)?
    A) Kamal Kishore
    B) Rajiv Kumar
    C) Anil Sharma
    D) Vikram Singh
    E) None of the above
    View Answer
    Option A
    Explanation:

    Kamal Kishore (55) has been appointed as assistant secretary-general and special representative of the secretary-general for disaster risk reduction, United Nations Office for Disaster Risk Reduction (UNDRR).
  20. What percentage stake did SBI Mutual Fund acquire in Savita Oil Technologies, along with the number of shares, at the price of ₹408 per share?
    A) 2%
    B) 3%
    C) 4%
    D) 5%
    E) 6%
    View Answer
    Option B
    Explanation:

    SBI Mutual fund acquired 3% stake or 20.73 lakh shares in Savita Oil Technologies at ₹ 408 per share.
  21. Which country successfully launched the Yunhai-3 02 satellite from the Taiyuan Satellite Launch Center in Shanxi Province, marking a significant advancement in atmospheric and space monitoring capabilities?
    A) China
    B) India
    C) United States
    D) Russia
    E) None of the above
    View Answer
    Option A
    Explanation:

    China successfully launched the Yunhai-3 02 satellite from the Taiyuan Satellite Launch Center in Shanxi Province, marking a significant advancement in atmospheric and space monitoring capabilities.
  22. Who recently passed away at the age of 96, was a writer, recipient of the Central Sahitya Akademi award, and also honored with the Rajyotsava award?
    A) Gurulinga Kapse
    B) Jnanpith Kapse
    C) Santosh Kapse
    D) Vinayak Kapse
    E) None of the above
    View Answer
    Option A
    Explanation:

    Writer, Central Sahitya Academi and Rajyotsava awardee Gurulinga Kapse passed away at a private hospital in Dharwad after a spell of illness. He was 96.
  23. Who recently passed away at the age of 90, was a psychologist known for pioneering theories in behavioral economics, and was awarded a Nobel Prize for his contributions?
    A) Daniel Kahneman
    B) Amos Tversky
    C) Richard Thaler
    D) Robert Shiller
    E) None of the above
    View Answer
    Option A
    Explanation:

    Daniel Kahneman, a psychologist who pioneered theories in behavioural economics that heavily influenced the discipline, and won him a Nobel prize, has died at age 90.
  24. Which organization has unveiled a publication titled “An Illustrated Guide to the Lepidoptera of India: Taxonomic Procedures, Family Characters, Diversity, and Distribution”?
    A) Indian Council of Agricultural Research (ICAR)
    B) Indian Institute of Science (IISc)
    C) Zoological Survey of India (ZSI)
    D) National Institute of Fashion Technology (NIFT)
    E) None of the above
    View Answer
    Option C
    Explanation:

    The Zoological Survey of India (ZSI) has unveiled a publication titled “An Illustrated Guide to the Lepidoptera of India: Taxonomic Procedures, Family Characters, Diversity, and Distribution.”
  25. Which digital financial services provider in India has launched a first-of-its-kind Downpayment EMI solution, allowing customers to make a partial payment upfront with the remaining amount converted into easy EMIs?
    A) Paytm
    B) PhonePe
    C) PayU
    D) Razorpay
    E) None of the above
    View Answer
    Option C
    Explanation:

    PayU, one of India’s leading digital financial services providers, is proud to announce the launch of a first-of-its-kind Downpayment EMI solution that enables customers to make a partial payment upfront while remaining can be converted into easy EMIs, making high-ticket purchases more affordable & accessible.
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