21 May Flashcards

1
Q

In May 2024, SEBI amended its Listing Obligations and Disclosure Requirements (LODR)
Regulations, 2015 with SEBI (LODR) (Amendment) 2024 for revising the method for
calculating _____________ of listed companies.

A
  • Market Capitalization
  • Instead of using a single day’s market cap (previously calculated on March 31), SEBI now employs an ‘Average Market Capitalization’ over a defined period.
  • The change follows recommendations from a SEBI-appointed expert committee chaired by
    former whole-time member Santosh Kumar (SK) Mohanty, aimed at facilitating ease of
    business.
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2
Q

Which bank has recently (in May ‘24) emerged as the top performer among Public Sector
Banks (PSBs) in terms of business growth during the Fiscal Year 2023-24 (FY24)?

A
  1. Bank of Maharashtra- 15.94%
  2. SBI- 13.12%
    SBI’s total business (deposit and advances) stood significantly higher at Rs 79,52,784 crore
    (about 16.7 times) compared to BoM’s Rs 4,74,411 crore.
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3
Q

3) Covered on 28 February 2024:_____ was penalized Rs 32.30 lakh for non-compliance with
specific directions issued by the RBI.
4)Covered on 25th April: ___, an Indian public sector bank(PSB), has announced its partnership with Tata Power Solar
Systems Limited (TPSSL) to promote solar energy adoption by providing financial support to
residential consumers for installations.

A
  1. Canara Bank
    Bengaluru (Karnataka)
  2. Indian Bank
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4
Q

“Sampoorna Pashudhan Kawach”

A
  • cattle insurance
    product
  • Agriculture Insurance Company of India Ltd. (AIC) has signed a Memorandum of Understanding
    (MoU) with CSC e-Governance Services India Ltd. (CSC)
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5
Q

Which automobile company has recently (in May ‘24)secured an order worth Rs 250 crore
from Northern Coal Fields Limited (NCL) for supplying 28 units of BH100 rear dump trucks?

A

BEML Limited
( Bharat Earth Movers Limited)

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6
Q

Who has been recently (in May 2024) appointed as the President of the Confederation of
Indian Industry (CII) for the years 2024–25?

A

-Sanjiv Puri (Chairman & Managing Director of ITC)
-Sanjiv Puri has succeeded R. Dinesh, Chairman of TVS Supply Chain Solution (TVS SCS), who
served as President of CII for 2023-24.

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7
Q
  • _____, Chairman and Chief Executive Officer (CEO) of Ernst &Young (EY), India has
    been named as President-designate for 2024-25.
  • ______, CEO and MD of Tata Chemicals Ltd. named as Vice-President of CII for 2024-
    25.
A
  1. Rajiv Memani
  2. R.Mukundan
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8
Q

Who was recently (in May ‘24) sworn in as the _____President of Taiwan (Republic of China
(ROC)) in a ceremony held at the presidential office in Taipei?

A
  • William Lai Ching
  • 16th President of taiwan
    William Lai Ching-te succeeded Tsai Ingwen, the 1st female head of state of Taiwan and Asia
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9
Q

ISRO has recently (in may ‘24) planned to include a Helicopter, Sky Crane, supersonic
Parachute, and Rover for navigation on Mars in its _________ mission.

A

Mangalyaan-2

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10
Q

Name the space organisation that has recently (in May ‘24) carried six crew members,
including Indian Gopi Thotakura, into space under the space tourism mission named New
Shepard-25 (NS-25).

A

Blue Origin

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11
Q

Name the weapon system that has been recently (in May ‘24) handed over to the Indian
Army by the Indo-Russian Rifles Private Limited (IRRPL) located in Amethi, Uttar Pradesh.

A

) AK-203 Assault Rifles

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12
Q

Name the AI platform that has been recently (in May ‘24) launched jointly by 3AI Holding
and Seetha Mahalaxmi Healthcare (SML) in 98 global languages, including 12 Indian languages.

A

Hanooman AI

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13
Q

In which Badminton World Federation (BWF) tournament did Indian pair Satwiksairaj
Rankireddy and Chirag Shetty win the men’s double title?

A

Thailand Open

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14
Q

In May 2024, Red Bull’s Max Verstappen won the_________ title by defeating McLaren’s Lando
Norris, who finished second in the race.

A

Emilia-Romagna GP

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15
Q

Which country has been recently (in may ‘24) chosen as the host for the 10th edition of
FIFA Women’s World Cup (FIFAWWC) 2027?

A

Brazil
- Brazil hosted the men’s football World Cups twice in 1950 and 2014.

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16
Q

In May 2024, Iran’s Vice President Mohammad Mokhber was appointed as Interim
President of Iran following the death of Iranian President __________ in a helicopter crash in
northwestern Iran.

A
  • 8th President Ebrahim Raisi
17
Q

20 May

A
  • World Bee Day, theme “Bee Engaged with Youth.”
  • World Metrology Day (WMD), Theme Sustainability.”
18
Q

Name the fintech company that has recently (in May’ 24) received approval from a Singapore court to merge its India and Singapore entities.

A

Pine Labs
- * It has become the third fintech company after PhonePe and Groww which relocated its
domicile to India from overseas.

19
Q

Which company has recently (in May’ 24) partnered with the National Skill Development
Corporation (NSDC) to establish 70 skills and incubation hubs for global employment in drone,
Internet of Things (IoT), agriculture, and allied sectors across India?

A

AVPL International

20
Q

Which company has recently (in May’ 24) secured a USD25 million loan from the United
States (US) International Development Finance Corporation (DFC) for its expansion plan?

A

Fusion MicroFinance Limited

21
Q

Name the home finance company that has recently (in May ‘24) been imposed a penalty of
Rs. 8 lakh by the Securities and Exchange Board of India (SEBI).

A

Reliance Home Finance Limited

22
Q

Where was the 4th Joint Committee meeting for the review of AITIGA (ASEAN-India Trade
in Goods Agreement) held in May 2024?

A

Putrajaya, Malaysia
-ASEAN is one of the major trade partners of India with a share of 11% of India’s global trade

23
Q

Food and Agricultural Organisation (FAO)

A

About Food and Agricultural Organisation (FAO):
FAO is a specialised agency of the United Nations (UN) that leads international efforts to defeat
hunger.
Director-General– QU Dongyu
Headquarters– Rome, Italy
Established in– 1945

24
Q

Which of the following counties were part of the trilateral Maritime Security Workshop
(TMSW) conducted recently (in May ‘24) under the aegis of Headquarters Southern Naval
Command, along with India?

A

India, Australia, Indonesia

25
Q

In May 2024, the Airports Authority of India (AAI) planning to unify four flight information
regions (FIRs) into a single authority to improve efficiency, safety, and seamlessness in air
traffic operations under the Indian Single Sky Harmonized Air Traffic Management (ISHAN)
initiative.
In which city is ISHAN to be established?

A

Nagpur, Maharashtra

26
Q

Indonesian

A

About Indonesia
Capital - Jakarta
Currency - Indonesian Rupiah

27
Q

According to the recently (in May’ 24) released ‘Half Yearly Report on Management of
Foreign Exchange Reserves’, the Reserve Bank of India’s (RBI) gold holding increased by
___________ (metric tonnes) in FY24.

A

27.46
- 822.10 metric tonnes
as of the end of March 2024.

28
Q

The Government of India (GoI)will receive ________ more dividends from public sector banks
(PSBs) in FY24.

A

30%
* A back-of-the-envelope calculation shows that PSBs will pay dividends aggregating Rs 18,013
crore to the government in FY24 against Rs 13,804 crore.
* PSBs net profit grew about 37 per cent y-o-y to Rs 1,41,203 crore in FY24.
* The top four PSBs to pay rich dividends (relative to face value) in FY24 are – State Bank of
India (SBI), Bank of Baroda (BoB), Canara Bank and Indian Bank. The Central Bank of India and
Indian Overseas Bank did not declare a dividend.

29
Q

Indian Army

A

Chief of Army Staff: Manoj Pande
Headquarters: New Delhi, Delhi
Established: 1st April, 1895

30
Q

Securities Exchange Board of India (SEBI)

A

Securities Exchange Board of India (SEBI):
Chairperson– Madhabi Puri Buch
Headquarters– Mumbai, Maharashtra
Establishment–1992

31
Q

In May 2024, the Government of India (GoI) recovered _________ under an amnesty scheme
for exporters for one-time settlement of default in export.

A

Rs 852 crore