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Banking QuizCA Quizzes (English)

Current Affairs Quiz: May 11, 2024

  1. SAARC Secretary-General is scheduled for an official visit to India from May 11 to 14. Who currently holds the position of Secretary of SAARC?
    A) Golam Sarwar
    B) Vinay Mohan Kwatra
    C) Jaideep Mazumdar
    D) Rajkumar Ranjan Singh
    E) None of the above
    View Answer
    Option A
    Explanation:

    SAARC Secretary-General Golam Sarwar is scheduled for an official visit to India from May 11 to 14.
  2. Who is the newly-appointed Chinese Ambassador to India?
    A) Sun Weidong
    B) Xu Feihong
    C) Li Shaoxun
    D) Wang Xiaojian
    E) None of the above
    View Answer
    Option B
    Explanation:

    Newly-appointed Chinese Ambassador to India, Xu Feihong, arrived in New Delhi to assume office, the Chinese Embassy in India.
  3. Who framed the upgraded Dietary Guidelines for Indians released by the Indian Council of Medical Research (ICMR) for 2024?
    A) Researchers from the Indian Institute of Technology (IIT)
    B) Scholars from the Indian Institute of Management (IIM)
    C) Scientists from the National Institute of Nutrition (NIN)
    D) Experts from the All India Institute of Medical Sciences (AIIMS)
    E) None of the above
    View Answer
    Option C
    Explanation:

    The Indian Council of Medical Research (ICMR) has released upgraded Dietary Guidelines for Indians to suit modern eating habits for 2024.
    Framed by researchers from the Hyderabad-based National Institute of Nutrition-NIN, the modern dietary guidelines specifically advised people to be physically active, exercise regularly, restrict intake of salt, minimise high fat, sugar, ultra-processed foods and take steps to prevent abdominal obesity, overweight and overall obesity.
  4. What collaborative effort has been initiated by the Department of Telecommunications (DoT), Ministry of Home Affairs (MHA), and State Police?
    A) Enhancing internet infrastructure
    B) Curbing misuse of telecom resources in cyber-crime and financial frauds
    C) Expanding mobile network coverage in rural areas
    D) Improving call quality and network reliability
    E) None of the above
    View Answer
    Option B
    Explanation:

    Department of Telecommunications (DoT), Ministry of Home Affairs (MHA) and State Police have joined hands for curbing the misuse of telecom resources in cyber-crime and financial frauds. This collaborative effort aims to dismantle networks of fraudsters and protect citizens from digital threats.
  5. With which organization did the Ministry of Skill Development and Entrepreneurship (MSDE) sign a Memorandum of Understanding (MoU) to conduct two Pilot Projects under the Drone Didi Yojana?
    A) Tata Group
    B) Reliance Industries
    C) Mahindra & Mahindra Ltd
    D) Infosys Limited
    E) None of the above
    View Answer
    Option C
    Explanation:

    Ministry of Skill Development and Entrepreneurship (MSDE) signed a Memorandum of Understanding (MoU) with Mahindra & Mahindra Ltd to conduct two Pilot Projects under the Drone Didi Yojana.
  6. Who launched the ‘Vote From Home’ initiative for senior citizens and Persons with Disabilities (PwDs) in the Lok Sabha Election 2024 in Ladakh?
    A) Narendra Modi
    B) Radha Krishna Mathur
    C) None of these
    D) Shrikant Suse
    E) Satya Pal Malik
    View Answer
    Option D
    Explanation:

    In Ladakh, Deputy Commissioner and District Election Officer, Shrikant Suse, flagged off Polling Teams for the pioneering Vote from Home initiative in Kargil District.
  7. Who announced the ‘SACH KE SAAMNE’ initiative and the showing of CCTV footage connected to sexual harassment allegations against him at Kolkata’s Raj Bhavan?
    A) Dr C.V. Ananda Bose
    B) Tushar Mehta
    C) Mamata Banerjee
    D) Rajeev Kumar
    E) None of the above
    View Answer
    Option A
    Explanation:

    West Bengal Governor Dr C.V. Ananda Bose has announced that CCTV footage connected to sexual harassment allegations against him would be shown to 100 people at the Kolkata Raj Bhavan.
    As part of the initiative, launched under a programme titled ‘Sach ke Saamne’, the Governor’s office has shared email IDs and contact numbers for citizens to sign up on and watch the CCTV footage at the Raj Bhavan.
  8. Which organization has launched India’s first-ever accelerator program for Farmer Producer Organizations (FPOs) in Bengaluru, with financial support from the National Bank for Agriculture and Rural Development (NABARD)?
    A) Krishikalpa
    B) NABARD
    C) Indian Agricultural Research Institute (IARI)
    D) Ministry of Agriculture and Farmers Welfare
    E) None of the above
    View Answer
    Option A
    Explanation:

    A non-profit organization, Krishikalpa has launched India’s first ever accelerator program for the Farmer Producer Organisation in Bengaluru. The National Bank for Agriculture and Rural Development, NABARD has extended financial support for the initiative. Krishikalpa will transform farmer-producer organizations -(FPOs) into sustainable rural businesses, driving positive change in the agricultural ecosystem.
  9. Which country signed an agreement with India in New Delhi for visa waiver specifically for diplomatic and official passports?
    A) Moldova
    B) Bhutan
    C) Malaysia
    D) South Africa
    E) None of the above
    View Answer
    Option A
    Explanation:

    India and Moldova signed an agreement in New Delhi on visa waiver for diplomatic and official passports. This agreement will add “further momentum” to the friendly and cordial relations between the two countries
  10. With which company has the Indian Coast Guard signed a Memorandum of Understanding (MoU) for the manufacturing and supply of indigenous marine-grade aluminum for the construction of ships?
    A) Tata Steel
    B) Hindalco Industries
    C) Larsen & Toubro
    D) Reliance Industries
    E) None of the above
    View Answer
    Option B
    Explanation:

    Indian Coast Guard has signed a Memorandum of Understanding (MoU) with Hindalco Industries for manufacturing and supply of indigenous marine-grade aluminium for construction of ships.
  11. Which initiative did Uttarakhand Chief Minister Pushkar Singh Dhami launch in the Rudraprayag district in response to the forest fire situations across the state?
    A) Green Uttarakhand Initiative
    B) Firefighters Mobilization Campaign
    C) Pirul Lao-Paise Pao Mission
    D) Forest Protection Task Force
    E) None of the above
    View Answer
    Option C
    Explanation:

    In light of the forest fire situations across the state, Uttarakhand Chief Minister Pushkar Singh Dhami launched the Pirul Lao-Paise Pao Mission in the Rudraprayag district.
  12. According to the World Migration Report 2024 released by the United Nations, how many people are projected to be displaced within their countries by 2050 primarily due to climate change?
    A) 100 million
    B) 150 million
    C) 200 million
    D) 216 million
    E) None of the above
    View Answer
    Option D
    Explanation:

    More human beings are being displaced by force today than at any other time in humankind’s history. Such forced displacement is being further exacerbated by environmental impacts and climate change. More than 216 million people across six continents will be on the move within their countries by 2050 in large part due to climate change, according to the World Migration Report 2024 released by the United Nations.
  13. According to the Henley report, which city is ranked as the 24th wealthiest city in the world?
    A) Mumbai
    B) Delhi
    C) New York City
    D) Los Angeles
    E) None of the above
    View Answer
    Option A
    Explanation:

    According to the Henly report, the Indian financial capital city Mumbai has 58,800 millionaires, 236 centi-millionaires and 29 billionaires. Mumbai was ranked as the 24th wealthiest city in the world. The other city in the top 50 was Delhi(37th), with 30,700 millionaires, 123 centi-millionaires, and 16 billionaires.
  14. In a buyback of Government Securities (G-Secs/GS) by the Reserve Bank of India (RBI), how much did the RBI accept despite receiving offers amounting to 1.33 times the notified amount of ₹40,000 crore?
    A) ₹30,000 crore
    B) ₹35,000 crore
    C) ₹10,513 crore
    D) ₹40,000 crore
    E) None of the above
    View Answer
    Option C
    Explanation:

    The Reserve Bank of India(RBI) accepted offers to buy Government Securities (G-Secs/GS) aggregating only ₹10,513 crore despite receiving offers amounting to 1.33 times the notified amount of ₹40,000 crore at the buyback of these securities.
  15. According to the report, what is the proposed maximum extension period for the deadline to cap the market share of any entity processing payments via the Unified Payment Interface (UPI) at 30 percent by the National Payments Corporation of India (NPCI)?
    A) One year
    B) Two years
    C) Three years
    D) Four years
    E) None of the above
    View Answer
    Option B
    Explanation:

    The National Payments Corporation of India (NPCI) might postpone imposing market share limitations on the Unified Payment Interface (UPI). The year-end deadline for capping the market share of any entity processing payments via the UPI at 30 per cent will be extended by the NPCI by a maximum of two years, as per the report.
  16. What was the net profit reported by State Bank of India (SBI) in the fourth quarter of FY24?
    A) ₹16,694.5 crore
    B) ₹20,698 crore
    C) ₹41,656 crore
    D) ₹40,392.5 crore
    E) None of the above
    View Answer
    Option B
    Explanation:

    State Bank of India (SBI), the state-run largest lender in the country, announced its Q4 results. SBI reported a net profit of ₹20,698 crore in the fourth quarter of FY24, registering a growth of 24% from ₹16,694.5 crore in the year ago quarter.
  17. How much did Bharti Enterprises, under the leadership of Sunil Bharti Mittal, sell ICICI Lombard General Insurance Company shares for via open market transactions?
    A) ₹663 Crore
    B) ₹663 Million
    C) ₹663 Thousand
    D) ₹663 Billion
    E) None of the above
    View Answer
    Option A
    Explanation:

    Bharti Enterprises, led by Sunil Bharti Mittal, sold ICICI Lombard General Insurance Company shares for ₹663 Crore via open market transactions.
  18. What was the growth rate of India’s Index of Industrial Production (IIP) in March 2024 compared to the corresponding period of the previous year?
    A) 1.2%
    B) 4.9%
    C) 5.2%
    D) 8.6%
    E) None of the above
    View Answer
    Option B
    Explanation:

    For the month of March 2024, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 159.2. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of March 2024 stand at 156.1, 155.1 and 204.2 respectively. These Quick Estimates will undergo revision in subsequent releases as per the revision policy of IIP.
    The IIP growth rates for the month of March 2024 over the corresponding period of previous year is 4.9 percent. The growth rates of the three sectors, Mining, Manufacturing and Electricity for the month of March 2024 over March 2023 are 1.2 percent, 5.2 percent and 8.6 percent respectively.
  19. In Larsen & Toubro (L&T), R Shankar Raman has been elevated to which position while continuing to serve as the Whole-time Director and CFO of the company?
    A) Chairman
    B) Vice President
    C) None of these
    D) Chief Financial Officer
    E) President
    View Answer
    Option E
    Explanation:

    Engineering and construction conglomerate Larsen & Toubro (L&T) announced the elevation of R Shankar Raman as the President of the company. Raman continues to hold the position of the Whole-time Director and CFO of the company.
  20. Who has secured the position as the chairman of the Indian Farmers Fertiliser Cooperative (IFFCO) for the second consecutive term?
    A) Narendra Modi
    B) Dilip Sanghani
    C) Amit Shah
    D) Rajnath Singh
    E) None of the above
    View Answer
    Option B
    Explanation:

    Senior BJP leader and former cabinet minister Dilip Sanghani has secured his position as the chairman of the Indian Farmers Fertiliser Cooperative (IFFCO) for the second consecutive term.
  21. Who has been appointed as the Head of Key Relations Group at SBI General Insurance, one of India’s top general insurers?
    A) Jaya Tripathi
    B) Amit Singhania
    C) Priya Patel
    D) Ramesh Kumar
    E) None of the above
    View Answer
    Option A
    Explanation:

    SBI General Insurance, one of India’s top general insurers, has named Jaya Tripathi as Head of Key Relations Group.
  22. Who has assumed charge as the Chief of Personnel of the Indian Navy?
    A) Sanjay Bhalla
    B) Anil Kumar Chawla
    C) Karambir Singh
    D) Ajendra Bahadur Singh
    E) None of the above
    View Answer
    Option A
    Explanation:

    Vice Admiral Sanjay Bhalla, AVSM, NM assumes charge as the Chief of Personnel of the Indian Navy.
  23. Who received the Global Pride of Sindhi Award 2024 for outstanding achievements and commitment to serve humanity?
    A) Ramesh Kumar
    B) Sneha Verma
    C) Rajesh Patel
    D) None of these
    E) Pawan Sindhi
    View Answer
    Option E
    Explanation:

    Pawan Sindhi received the coveted Global Pride of Sindhi Award 2024 in an occasion attended by renowned saints, Mahatmas, and sadhus. The event commemorated Mr. Sindhi’s outstanding achievements to society and commitment to serve humanity.
  24. Which prominent figure, who was the younger brother of the President of the United Arab Emirates, recently passed away and held the position of Deputy Ruler of Abu Dhabi, UAE?
    A) Sheikh Hazza bin Sultan bin Zayed Al Nahyan
    B) Sheikh Khalifa bin Zayed Al Nahyan
    C) Sheikh Mohammed bin Rashid Al Maktoum
    D) Sheikh Mohammed bin Zayed Al Nahyan
    E) None of the above
    View Answer
    Option A
    Explanation:

    The deputy ruler of UAE’s Abu Dhabi, Sheikh Hazza bin Sultan bin Zayed Al Nahyan, died.He was the younger brother of the President of the United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan, former National Security Advisor of the UAE and Deputy Chairman of Abu Dhabi Executive Council.
  25. Who recently passed away at the age of 99 and was a distinguished poet and cultural icon of the Balti community of Ladakh?
    A) Abdul Rahman Khan
    B) Ali Ahmed Khan
    C) None of these
    D) Haji Mohammad Jan
    E) Mohammed Yusuf Sheikh
    View Answer
    Option D
    Explanation:

    Haji Mohammad Jan, a distinguished poet and cultural icon of the Balti community of Ladakh passed away. He was 99.

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