Tuesday, May 28, 2024
Banking QuizCA Quizzes (English)

Current Affairs Quiz: May 12 & 13, 2024

  1. Which organization honored Genius Box for its exceptional dedication to quality and branding excellence?
    A) Bureau of Indian Standards (BIS)
    B) International Organization for Standardization (ISO)
    C) World Intellectual Property Organization (WIPO)
    D) Quality Assurance International (QAI)
    E) None of the above
    View Answer
    Option A
    Explanation:

    In a notable achievement, Genius Box, a leading brand specializing in innovative DIY educational kits for children, has been recognized and honored by the Bureau of Indian Standards (BIS) for its outstanding commitment to quality and branding excellence.
  2. Which prestigious awards did OTTplay win in 2024, solidifying its standing in the digital media industry?
    A) Cannes Lions International Festival of Creativity
    B) INMA Global Media Awards
    C) Webby Awards
    D) Golden Globe Awards
    E) None of the above
    View Answer
    Option B
    Explanation:

    HT Labs-backed OTTplay has scored big at the esteemed INMA Global Media Awards 2024, reaffirming its position in the digital media landscape. OTTplay has won Gold (first place) in the Best Product Iteration category and Silver (second place) in the category for Best Use of an Event to Build a News Brand.
  3. Which innovative initiative was unveiled by Zomato co-founder Deepinder Goyal to offer localized, real-time weather information in India?
    A) Weather Nexus
    B) Weather Union
    C) WeatherConnect
    D) None of these
    E) WeatherSphere
    View Answer
    Option B
    Explanation:

    Zomato co-founder Deepinder Goyal unveiled India’s first crowd-supported weather infrastructure ‘Weather Union’ to provide localised, real-time information on key weather parameters.
  4. Colin Munro, who recently retired from international cricket after representing his national team in 123 matches, played for which country?
    A) Australia
    B) England
    C) South Africa
    D) New Zealand
    E) None of the above
    View Answer
    Option D
    Explanation:

    Veteran New Zealand cricket player Colin Munro has announced his retirement from international cricket, ending his 123-match career with the Black Caps. The New Zealand cricket team is also called the Black Caps.
  5. Who has been recently appointed as an Executive Director (ED) by the Reserve Bank of India (RBI), effective from May 10?
    A) R. Lakshmi Kanth Rao
    B) Raghuram Rajan
    C) Arundhati Bhattacharya
    D) Amitabh Chaudhry
    E) Urjit Patel
    View Answer
    Option A
    Explanation:

    The Reserve Bank of India(RBI) has appointed R. Lakshmi Kanth Rao as Executive Director with effect from May 10. Prior to being promoted as ED, Rao was serving as Chief General Manager-in-Charge in the Department of Regulation.
  6. What significant approval did Hinduja Group’s IndusInd International Holdings (IIHL) recently receive from the Insurance Regulatory and Development Authority of India (IRDAI)?
    A) Approval to launch a new insurance product
    B) None of these
    C) Approval to expand its insurance operations internationally
    D) Approval to merge with a leading insurance company
    E) Approval for the acquisition of Reliance Capital
    View Answer
    Option E
    Explanation:

    Hinduja Group’s IndusInd International Holdings (IIHL) received the long-awaited Insurance Regulatory and Development Authority of India’s (IRDAI) approval for the acquisition of Reliance Capital.
  7. The recent directive from the Insurance Regulatory and Development Authority of India (IRDAI) aimed at extending insurance coverage to certain identified Gram Panchayats underscores the initiative’s focus on:
    A) Enhancing insurance penetration in urban centers
    B) Providing insurance exclusively for agricultural sectors
    C) Bringing insurance accessibility to grassroots levels
    D) None of these
    E) Promoting insurance awareness through digital platforms
    View Answer
    Option C
    Explanation:

    In a move that can bring insurance down to the grassroots, the Insurance Regulatory and Development Authority of India (IRDAI) has mandated life and general insurers to extend cover to certain identified Gram Panchayats.
  8. Who were named the Player of the Year for 2023 in men’s and women’s categories, respectively, at the sixth annual Hockey India awards?
    A) Manpreet Singh and Rani Rampal
    B) Hardik Singh and Salima Tete
    C) Harmanpreet Singh and Savita Punia
    D) Akashdeep Singh and Vandana Katariya
    E) None of the above
    View Answer
    Option B
    Explanation:

    Hardik Singh and Salima Tete were named the Player of the Year for 2023 among men and women respectively at the sixth annual Hockey India awards even as the federation announced the revival of Hockey India League (HIL) in January 2025.
  9. Who recently achieved the remarkable feat of reaching the summit of Mount Everest for the 29th time, breaking his own record and reaffirming his status as an accomplished mountaineer?
    A) Reinhold Messner
    B) Junko Tabei
    C) None of these
    D) Kami Rita Sherpa
    E) Tenzing Norgay
    View Answer
    Option D
    Explanation:

    Nepali climber Kami Rita Sherpa(54) reached the top of Mount Everest for the 29th time, breaking his own record for the most summits of the world’s highest mountain.
  10. Who recently secured a third term as Croatia’s Prime Minister after receiving support from a right-wing party following a closely contested election?
    A) Andrej Plenkovic
    B) Zoran Milanovic
    C) Kolinda Grabar-Kitarovic
    D) Davor Bernardic
    E) None of the above
    View Answer
    Option A
    Explanation:

    Croatia’s incumbent Prime Minister Andrej Plenkovic was asked to form a new government after securing the backing of a right-wing party following an inconclusive election last month.
  11. Who recently resigned from their role as Wipro’s President-Asia Pacific, India, Middle East, and Africa (APMEA), contributing to a series of senior-level departures at the company?
    A) Vinay Firake
    B) Azim Premji
    C) Rishad Premji
    D) Anis Chenchah
    E) None of the above
    View Answer
    Option D
    Explanation:

    IT major Wipro’s President-Asia Pacific, India, Middle East and Africa (APMEA), Anis Chenchah, has resigned from his role, adding to the senior-level exits at the company.Vinay Firake has been appointed as Chief Executive Officer, APMEA Strategic Market Unit (SMU), effective immediately.
  12. Which companies recently announced a strategic collaboration aimed at delivering advanced cloud solutions to Indian businesses, facilitating cloud adoption and modernization for customers of one of the partners?
    A) Bharti Airtel and Microsoft Azure
    B) Bharti Airtel and Amazon Web Services (AWS)
    C) Bharti Airtel and Google Cloud
    D) Bharti Airtel and IBM Cloud
    E) None of the above
    View Answer
    Option C
    Explanation:

    Bharti Airtel (Airtel) and Google Cloud have entered into a long-term collaboration to deliver cloud solutions to Indian businesses, offering a suite of cutting-edge cloud solutions from Google Cloud to fast-track cloud adoption and modernisation for Airtel’s customers.
  13. Which space-tech start-up recently signed a Memorandum of Understanding (MoU) with the Indian National Space Promotion and Authorization Centre (IN-SPACe) to utilize co-working and testing facilities in Ahmedabad?
    A) GalaxEye
    B) AstroTech Solutions
    C) Stellar Horizon
    D) CosmoLaunch Technologies
    E) None of the above
    View Answer
    Option A
    Explanation:

    Space-tech start-up GalaxEye has gained access to the co-working and testing facilities of the Indian National Space Promotion and Authorization Centre (IN-SPACe) in Ahmedabad.
  14. In which prestigious athletic event did Indian javelin thrower Neeraj Chopra finish in second place to commence his 2024 season?
    A) Tokyo Olympics
    B) Doha Diamond League
    C) World Athletics Championships
    D) Commonwealth Games
    E) None of the above
    View Answer
    Option B
    Explanation:

    Indian javelin thrower Neeraj Chopra, the reigning Olympic and world champion, started his 2024 season with a second-place finish at the Doha Diamond League 2024.
  15. Who among the following individuals will be honored with an honorary doctorate by McGill University as part of the Spring 2024 Convocation ceremonies?
    A) Dr. Anthony Fauci
    B) Dr. Soumya Swaminathan
    C) Dr. Tedros Adhanom Ghebreyesus
    D) Dr. Deborah Birx
    E) None of the above
    View Answer
    Option B
    Explanation:

    Dr Soumya Swaminathan, most recently WHO’s Chief Scientist, has been named among the 10 exceptional individuals who will receive honorary degrees from Canada’s prestigious McGill University as part of the Spring 2024 Convocation ceremonies.
  16. Who, recently passing away at the age of 79 at his residence in Ludhiana, was a distinguished Punjabi poet and recipient of the Padma award, leaving a significant impact on the literary landscape?
    A) Dr. Surjit Patar
    B) Amrita Pritam
    C) Gulzar
    D) Shiv Kumar Batalvi
    E) None of the above
    View Answer
    Option A
    Explanation:

    Eminent Punjabi poet and Padma awardee Dr Surjit Patar, 79, passed away “in his sleep” at his residence in Ashapuri area of Ludhiana.
  17. With which institution has India’s Defence Research and Development Organisation (DRDO) recently collaborated for projects involving artificial intelligence (AI) driven surveillance and other initiatives?
    A) Indian Institute of Science (IISc), Bangalore
    B) Indian Institute of Technology (IIT), Delhi
    C) Indian Institute of Technology (IIT), Bhubaneswar
    D) Indian Statistical Institute (ISI), Kolkata
    E) None of the above
    View Answer
    Option C
    Explanation:

    India’s Defence Research and Development Organisation (DRDO) has collaborated with the Indian Institute of Technology (IIT) Bhubaneswar for undertaking artificial intelligence (AI) driven surveillance and other projects.
  18. What innovative digital service has Thomas Cook India recently launched to streamline and improve the process of international money transfers?
    A) TCMoney
    B) TCTransfer
    C) TCRemit
    D) TCPay
    E) None of the above
    View Answer
    Option D
    Explanation:

    Thomas Cook India has revolutionized international money transfers with the launch of TCPay, a user-friendly digital service designed to simplify and enhance the remittance process.
  19. Which banking technology provider has recently introduced its Digital Credit as a Service offering for banks and financial institutions in India, leveraging NPCI’s Credit Line on UPI scheme to expedite credit issuance?
    A) ZestMoney
    B) None of these
    C) Razorpay
    D) Zeta
    E) PayU
    View Answer
    Option D
    Explanation:

    Banking technology provider Zeta has announced the launch of its Digital Credit as a Service offering for banks and financial institutions in India. Following this announcement, the offering will be underpinned by NPCI’s Credit Line on UPI scheme, which will leverage the power of the UPI network in order to accelerate the development of credit issuance in the region of India.
  20. Who emerged victorious in the recent presidential election in Chad, securing the presidency after the passing of his father, the former president?
    A) Mahamat Saleh Annadif
    B) None of these
    C) Hissène Habré
    D) Mahamat Idriss Déby Itno
    E) Moussa Faki
    View Answer
    Option D
    Explanation:

    Mahamat Idris Deby Itno, the military dictator and interim president of Chad, emerged victorious in the presidential election held recently.
  21. Who has recently been appointed as the Executive Director (Refinery) of Mangalore Refinery and Petrochemicals Ltd (MRPL)?
    A) B Sudarshan
    B) Rakesh Sharma
    C) Nandini Singh
    D) Anil Kumar
    E) None of the above
    View Answer
    Option A
    Explanation:

    B Sudarshan has been appointed as the Executive Director (Refinery) of Mangalore Refinery and Petrochemicals Ltd (MRPL).

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