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Current Affair- May > 3rd May > Flashcards

3rd May Flashcards

1
Q

According to the recently (in May’ 24) released data from the Reserve Bank of India (RBI),
the credit card spending increased by _______ in the financial year 2023-24 (FY24) from nearly
Rs 14 trillion in FY23.

A

27%
Top 4 credit card issuers ( HDFC Bank, SBI Card, ICICI Bank and Axis Bank) lose Market Share in
FY24

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2
Q
  • Total number of credit cards issued by banks in India breached the _____ mark in
    February 2024.
    3 & 4. In April 2024: According to Worldline India Digital Payments Report H2 2023 the UPI
    transactions volume in the second half (H2) of 2023 (July 2023 December 2023) increased by 56% to
    65.77 billion from 42.09 billion in H2 2022.
  • The value of transactions increased by 44% from Rs 69.36 Lakh Crore to Rs 99.68 lakh crore
A

100 million

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3
Q

Which regulatory body has recently (in May’ 24) issued the updated “Guidance Note on
Operational Risk Management and Operational Resilience” for the financial sector and
extended it to Non-Banking Financial Companies (NBFCs)?

A

Reserve Bank of India

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4
Q
  1. In March 2024, ______ approved 8
    principle based consolidated regulations including ___(Rural, Social Sector and Motor Third Party
    Obligations) Regulations, 2024; ___(Bima Sugam - Insurance Electronic Marketplace) Regulations,
    2024.
  2. In March 2024, _______expanded the framework of
    qualified stock brokers (QSBs) to more stock brokers- protect the interest of investors.
  3. In April 2024, ______was appointed as Managing Director (MD) of the National Housing
    Bank (NHB), the apex regulatory body for the overall regulation and licensing of housing finance
    companies in india.
A

Insurance Regulatory and Development Authority of India (IRDAI)
Securities and Exchange Board of India (SEBI)
Sanjay Shukla

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5
Q

Which of the following surveys has been recently (in May’ 24) launched along with the
Consumer Confidence Survey by the Reserve Bank of India (RBI) to get Inputs for June’s 2024
Monetary Policy?

A

Inflation Expectations Survey of Households
The CCS will be conducted in 19 cities, the same as IESH, and it aims to gauge consumer confidence levels.
Hansa Research Group Private Limited, Mumbai, has been engaged to conduct both the
surveys (IESH and CCS) on behalf of the Reserve Bank of India.

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6
Q

In December 2023, the Reserve Bank of India (RBI) released the annual Survey on International
Trade in Banking Services (ITBS), 2022-23 which provides insights into cross-border banking
activities of ___Indian banks and ___foreign banks’ branches/subsidiaries in India

A

14 Indian banks and 44 foreign banks’

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7
Q

Which bank has recently (in May’ 24) partnered with ANQ Finance to launch Pi and Phi Cobranded Credit Cards?

A

Yes Bank Limited

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8
Q
  1. In November 2023, The _______, in association with the National E-Governance Services Limited (NeSL), introduced the
    electronic-Bank Guarantees (e-BGs) services to digitise trade finance. With this,_ ndia became
    the first Foreign Bank in India to offer e-BGs.
  2. In November 2023, ________enabled its customers to pay any merchant QR(Quick
    Response) code using the “Digital Rupee by ___Bank”, the digital rupee (e₹) app of ____Bank. ____
    bank achieved this by making its digital rupee app UPI (Unified Payments Interface) interoperable.
  3. In November 2023, ________signed a partnership with Indian Shuttler Prannoy
    Haseena Sunil Kumar (HS Prannoy)(31) for an exclusive collaboration.
A

Hongkong and Shanghai Banking Corporation Limited, India (HSBC
India)
ICICI Bank Limited
Federal Bank Limited

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9
Q

Name the neobanking platform that has recently (in May’ 24) secured an Non-Banking
Financial Company (NBFC) licence from the Reserve Bank of India (RBI).

A

Fi
Fi, the neobank platform of Epifi Technologies
Private Limited,

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10
Q

In May 2024, the NPCI International Payments Limited (NIPL) signed a pact with the central
bank of ________ (country) to develop a Unified Payments Interface (UPI)-like Payment System.f

A

Namibia

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11
Q
  1. On February 17 2024, the Reserve Bank of India (RBI), _____ Rastra Bank ink pact to integrate UPI
    and National Payments Interface (NPI) for cross-border remittances.
  2. India and _____signed a mobility and migration partnership agreement to enhance people-topeople ties.
    * Launched logo - commemorating 75 years of diplomatic ties.
  3. On 11 March 2024, RBI and the Bank_ _ -(BI) signed MoU to set up a framework to promote
    the use of local currencies (Indian Rupee (INR) and the ______Rupiah (IDR)) for cross-border
    transactions.
A

Nepal
Denmark
Indonesian

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12
Q

In May 2024, Groww Pay Services Private Limited received the approval from the Reserve
Bank of India (RBI)’s to operate as ________________.

A

Online Payments Aggregator

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13
Q

Which company has recently (in May’ 24) signed an MoU with Norway Based Ocean Sun to
implement Floating Solar Energy Technology in India?

A

NHPC Limited

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14
Q
  1. In January 2024 _____ signed an MoU
    with National Investment and Infrastructure Fund Limited (NIIFL) to boost renewable energy and
    infrastructure in India.
  2. In February _______commissioned India’s
    largest Battery Energy Storage System - store energy using solar energy in Chhattisgarh.
  3. In April 2024, _____ and Indus towers limited signed an MoU to
    address the need of green energy objectives.
A

REC Limited
Solar Energy Corporation of India Limited (SECI)
NTPC Green Energy Limited (NGEL)

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15
Q

Name the personality who has recently (in May’ 24) won the 9th edition of the Oxford
Bookstore Book Cover Prize 2024 for ‘The Book Beautiful’.

A

Bhavi Mehta

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16
Q
  1. In May 2024, Bulgarian Writer________ won the
    International Booker Prize 2023 for the dark comic novel titled “Time Shelter”.
  2. In March 24, The 7th edition of the Romain Rolland Book Prize(2024) has been awarded to
    “Staliner Divan”, the Bengali translation of Jean-Daniel Baltassat’s French novel “Le Divan de Staline”
    (Stalin’s Couch), ______
  3. In February 2024, _________, a Pulitzer Prize-winning storyteller, poet, educator
    and folklorist, passed away in New Mexico, United States of America (USA).
    * His novel “House Made of Dawn,” published in 1968 by HarperCollins, won the Pulitzer Prize in
    fiction for the year 1969.
A

Georgi Gospodinov and translator Angela Rodel
Pankaj Kumar Chatterjee
Navarre Scott Momaday

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17
Q

Who has been recently (in May’ 24) elected as a New Prime Minister (PM) of Solomon
Islands?

A

Jeremiah Manele
replaced Manasseh Sogavare, who served as PM of Solomon Islands for

18
Q
  1. In April 2024, Bjarni Benediktsson, took office as Prime
    Minister (PM) of ________on 9 April 2024. He succeeds Katrín Jakobsdóttir, who resigned as PM of
    Iceland to run for President of Iceland.
  2. In April 2024, ______Vice-President Vo Thi Anh Xuan (54 years old) was appointed Interim
    President of _____on 21st March 2024.
    * Vo Thi Anh Xuan succeeds Vo Van Thuong, who resigned from the post of President on 20th
    March 2024. He has been serving as the President of ______since March 2023.
  3. In April 2024, Peter Pellegrini, former Prime Minister (PM) of _______, is set to become the
    President of the ______Republic. He won the ________presidential election 2024 defeating Ivan
    Korčok.
    * Pellegrini will succeed Zuzana Caputov, the first female President of _______.
    * He will be inaugurated as the 6th president of ____on 15th June 2024.
A

Iceland
Vietnam
Slovakia

19
Q

Which company/organisation has recently (in May’ 24) developed a long-range Supersonic
Missile-Assisted Release of Torpedo (SMART) system that was launched from Dr. APJ Abdul
Kalam Island off the coast of Odisha?

A

Defence Research and Development Organisation

20
Q

Name the Chess player who has been recently (in May’ 24)bestowed with The International
Chess Federation (FIDE)’s 84th Grandmaster(GM) Title?

A

Vaishali Ramesh Babu
e 84th Indian GM and 42nd woman from any country to hold
the GM title.

21
Q
  1. In April 2023, India’s _________(Hailing from Telangana) won the women’s singles title at the
    World Table Tennis (WTT) Feeder Beirut II 2024 by defeating Sarah De Nutte (Luxembourg) in the
    finals.
    * ___overtakes Manika, becomes India No. 1 in women’s singles
  2. In January 2024, Russian chess player Anastasia Bodnaruk (neutral Fide flag) won the 2023 FIDE
    World Rapid Chess Women’s title by defeating Indian Chess Grandmaster, ______ in a
    tiebreaker match to secure first place.
  3. In April 2024, The chess Grandmaster (GM) _______ from Chennai (Tamil Nadu) has
    won (Open category) the International Chess Federation (FIDE) Candidates 2024 held in Toronto,
    Canada, by defeating Hikaru Nakamura of the United States to score 9 points.
    * He will now be competing with Ding Liren of China in the World Chess Championship 2024.
A

Sreeja Akula
Koneru Humpy
Dommaraju Gukesh

22
Q

Who has recently (in May’ 24) launched the new book titled ‘Just A Mercenary? : Notes
from My Life and Career

A

Duvvuri Subbarao
former Governor of the Reserve Bank of India (RBI) (2008- 2013)

23
Q
  1. In January 2024, General ___________, former Chief of Army
    Staff(CoAS) penned his autobiography titled “Four Stars of Destiny: An Autobiography”. published in
    Jan’ 2024 by Penguin Veer, an imprint of Penguin Random House India.
  2. In March 2024, _______, Former Assistant Secretary General, United Nations
    (UN) and wife of Union Minister Hardeep Singh Puri, penned her debut novel ‘Swallowing the Sun: A
    Novel’. She is also a former deputy executive director of UN Women.
  3. In April 2024, A book titled “Maker of Goa: The Untold Story of Pratap Singh Rane” is the biography
    of Pratap Singh Rane, the former CM of the state of Goa , authored by _______ (Pratap’s wife)
    and published by Rupa publications.
A

Manoj Mukund Naravane (MM Naravane)
Lakshmi Murdeshwar Puri
Vijayadevi Rane

24
Q

When was the World Health Organization (WHO)’s World Immunization Week 2024
observed across the globe under the theme “Humanly Possible: Immunisation for All”?

A

Last Week of April
24 to 30 April 2024.

25
Q

When was the International Workers’ Day 2024 observed across the globe to advocate for
fair wages, better working conditions and labour right

A

1st May

26
Q

YES Bank Limited?

A

YES Bank Limited:
Managing Director (MD) and Chief Executive Officer (CEO)- Prashant Kumar
Headquarters– Mumbai, Maharashtra
Established in– 2004
Tagline– Life Ko Banao Rich

27
Q

Solomon Islands?

A

About Solomon Islands:
Head of state of Solomon Islands– King Charles III
Capital– Honiara
Currency– Solomon Islands Dollar

28
Q

Who is the current (as of May’ 24) Governor of Bank of Namibia (BoN)?

A

Johannes !Gawaxab

29
Q

Which country’s airline company has recently (in May’ 24) extended their partnership with
the United Nations High Commissioner for Refugees (UNHCR) for an additional two years, from
2024 to 2025?

A

Qatar

30
Q

The Defence Research and Development Organisation (DRDO)

A

About Defence Research and Development Organisation (DRDO):
It is the Research and Development (R&D) wing of the Ministry of Defence (MoD).
Chairman – Dr Samir Vankatpati Kamat
Headquarters– New Delhi, Delhi
Establishment– 1958

31
Q

Who has been recently (in May’ 24) appointed as the head of Mergers and acquisitions
(M&A) and Business Development of Bharti Airtel?

A

Ambareesh Mandelia

32
Q

Federation International des Echecs or International
Chess Federation(FIDE) located?

A

About Federation International des Echecs or International Chess Federation(FIDE):
President: Arkady Dvorkovich
Deputy President: Vishwanathan Anand
Headquarters: Lausanne, Switzerland
Established: 1924

33
Q

Which country has recently (in May’ 24) introduced a new Kamikaze drone resembling
Russia’s Lancet drone

A

Iran

34
Q

NPCI International Payments Limited (NIPL):

A

NPCI International Payments Limited (NIPL):
NIPL is a wholly owned subsidiary of National Payments Corporation of India (NPCI)
Chief Executive Officer (CEO)– Ritesh Shukla
Headquarters– Mumbai, Maharashtra
Established in– 2020

35
Q

The Reserve Bank of India (RBI)

A

About Reserve Bank of India (RBI):
Governor – Shaktikanta Das
Deputy Governors – Swaminathan Janakiraman, Michael Debabrata Patra, M. Rajeshwar Rao, T. Rabi
Sankar
Establishment– 1st April 1935
Headquarters– Mumbai, Maharasht

36
Q

Who is the current (as of May’ 24) Chief Executive Officer(CEO) of Worldline ePayments
India?

A

Ramesh Narasimhan

37
Q

. In which state, the Keetham Bird Sanctuary is located?

A

Uttar Pradesh

38
Q

. In which state Gangaikondan Spotted Deer Sanctuary is located?

A

Tamil Nadu

39
Q

. In which state Dandeli Anshi Tiger Reserve is located?

A

Karnataka

40
Q

Who is the current (as of May’ 24) Governor of Manipur?

A

Anusuiya Uikey

Current Affair- May (22 decks)

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