April CA AFC Flashcards
In which city of Gujarat, Kutch Copper Limited, a subsidiary of Adani Enterprises Limited (AEL) has recently (in March’ 24) commissioned the first unit of its greenfield copper refinery project?
1) Ahmedabad
2) Surat
3) Vadodara
4) Jamnagar
5) Mundra
Answer- 5) Mundra
Explanation:
Kutch Copper Limited, a subsidiary of Adani Enterprises Limited (AEL) led by Gautam Adani, commissioned the first unit of its greenfield copper refinery project at Mundra, Gujarat, by dispatching the maiden batch of cathodes to customers.
i. Adani Enterprises invested nearly USD 1.2 billion to set up a 0.5 million tonnes per annum (MTPA) copper smelter in the first phase.
ii. The plant is set to achieve a full-scale capacity (1 MTPA) by Financial Year 2028-29 (FY29) (March 2029).
iii. 15% capital allocation for environmental protection.
Which Indian Institute of Technology (IIT), along with United Nations Children’s Fund (UNICEF) India and International Institute of Health Management Research (IIHMR) Delhi has recently (in March’ 24) launched ‘Digital Health Enterprise Planning Course’?
1) IIT Madras
2) IIT Delhi
3) IIT Kanpur
4) IIT Kharagpur
5) IIT Bombay
Answer-5) IIT Bombay
Explanation:
The United Nations Children’s Fund (UNICEF) India, International Institute of Health Management Research (IIHMR) Delhi, and the Indian Institute of Technology (IIT) Bombay (Mumbai, Maharashtra) have jointly launched, ‘Digital Health Enterprise Planning Course’, a comprehensive 10-week health course.
i. The course aims to enhance healthcare delivery by utilising digital technologies in line with the Sustainable Development Goals (SDGs) and the GIDH.
ii. The Startup Incubation and Innovation Centre (SIIC) at the IIT-Kanpur (Uttar Pradesh-UP), signed a Corporate Social Responsibility (CSR) agreement with Gliders India Limited, a Public Sector Undertaking (PSU), under the Ministry of Defence(MoD), to spearhead innovation in the healthcare sector.
As per the data released by Reserve Bank of India (RBI) in March 2024, the Net claims of non-residents on India declined by USD ________ during October-December 2023 to USD 370.4 billion as at end-December 2023.
1) 10.50 Billion
2) 11.10 Billion
3) 8.90 Billion
4) 12.2 Billion
5) 17.1 Billion
Answer-4) 12.2 Billion
Explanation:
As per the latest data released by Reserve Bank of India (RBI), India’s International Investment Position (IIP) as of December 2023 showed a decline in net claims of Non-Residents on India by USD12.2 billion during the period from October to December 2023 to USD 370.4 billion as the end of December 2023.
i. Main reason for the decline is the increase in reserve assets, surging by USD34.8 billion during Q3 FY24.
ii. As per RBI data, the ratio of India’s international financial assets to international financial liabilities increased from 70.9%, a quarter ago to 72.4% in December 2023.
In March 2024, GoI approved a simple reversionary bonus for the Postal Life Insurance (PLI) Scheme and Rural Postal Life Insurance (RPLI) Scheme for the fiscal year 2024-25 (FY25) without changing the bonus rate.
Under the Bonus Rate of PLI Scheme, the rate of bonus will be at __________ (amount) per thousand of sum assured For Whole Life Assurance (WLA/Suraksha).
1) Rs.76
2) Rs.90
3) Rs.81
4) Rs.95
5) Rs.99
Answer-1) Rs.76
Explanation:
The Government of India (GoI) has approved a simple reversionary bonus for the Postal Life Insurance (PLI) Scheme and Rural Postal Life Insurance (RPLI) Scheme for the fiscal year 2024-25 (FY25) without changing the bonus rate.
i. The rates of bonus for the FY25 will be applicable from 1st April 2024.
ii. Bonus Rate of PLI Scheme: For Whole Life Assurance (WLA/Suraksha), the rate of bonus will be at Rs.76 per thousand of sum assured.
iii. Bonus Rate of RPLI Scheme: The bonus rate for WLA will be Rs.60 per thousand of sum assured and for Endowment Assurance (EA) (including children policy) the rate is fixed at Rs.48 per thousand of sum assured. Click here to read more.
Name the company that has recently (in March’ 24) received 25 million Euro from OeEB – Oesterreichische Entwicklungsbank AG (Development Bank of Austria) to support its energy expansion plan.
1) Adani Green Energy Limited
2) Reliance Power Limited
3) Suzlon Energy Limited
4) JSW Energy Limited
5) AmpIn Energy Transition Private Limited
Answer-5) AmpIn Energy Transition Private Limited
Explanation:
AmpIn Energy Transition Private Limited received 25 million Euro investment from OeEB – Oesterreichische Entwicklungsbank AG (Development Bank of Austria) in a long term financing to support the energy expansion plans of AmpIn Energy. This will also support AmpIn to establish a local 1-Gigawatt(GW) solar cell and module production facility in Odisha.
i. AmpIn Energy aims to build a renewable energy portfolio of 10 GW by 2030
In March 2024, L&T Finance Holdings Ltd (LTFH) received approval from the Registrar of Companies (RoC) to be renamed as ____________.
1) L&T Capital Limited
2) L&T Capital Financial Services Limited
3) L&T Finance Corporation Limited
4) L&T Finance Limited
5) L&T Investment and Finance Company Limited
Answer-4) L&T Finance Limited
Explanation:
L&T Finance Holdings Ltd (LTFH), a subsidiary of Larsen & Toubro (L&T) Limited, has received approval from the Registrar of Companies (RoC) to change its name to “L&T Finance Limited(LTF)” with effect from 28th March 2024.
In December 2023, LTFH(now LTF) completed the merger of its subsidiaries, namely L&T Finance Ltd., L&T Infra Credit Ltd., and L&T Mutual Fund Trustee Ltd., with itself to create a “Single Lending Entity”.
Which country’s Satellite Communications Association, ABRASAT has recently (in March ‘24) signed an MoU with SatCom Industry Association of India (SIA-India) to boost advancement in the space sector?
1) France
2) Germany
3) Singapore
4) Saudi Arabia
5) Brazil
Answer-5) Brazil
Explanation:
The SatCom Industry Association of India (SIA-India) has signed a Memorandum of Understanding(MoU) with the Brazilian Association of Satellite Telecommunications Companies (ABRASAT -Associação Brasileira das Empresas de Telecomunicações por Satélite ) to boost advancement in the space sector.
i. The MoU aims to foster collaboration and drive innovative ventures and technological cooperation between India and Brazil.
In March 2024, A joint venture between the Rail Vikas Nigam Limited (RVNL) and Salasar Techno Engineering Limited (STEL) received a Rs 60 crore transmission project in ___________ (country).
1) Egypt
2) Rwanda
3) Nigeria
4) Angola
5) Brazil
Answer-2) Rwanda
Explanation:
A Joint Venture (JV) between the Rail Vikas Nigam Limited (RVNL) and Salasar Techno Engineering Limited (STEL), the private steel manufacturer, has bagged “Rwanda Transmission System Reinforcement and Last Mile Connectivity project (TSRLMC)”, a transmission project of Rwanda in Central Africa.
The project is valued at about Rs 60 crore (USD 7.152 million).
i. The order, secured from the Energy Development Corporation Limited (EDCL), is set to be executed by the STEL in 18 months.
RVNL owns 51% stake in the joint venture, while STEL owns the remaining 49%.
Name the Indian Badminton Player who has recently (in March’ 24) won the women’s singles title of the Orlen Polish Open 2024 in Poland.
1) Tanya Hemanth
2) Anupama Upadhyaya
3) Ashwini Ponnappa
4) Pragya Jaiswal
5) Jwala Gutta
Answer-2) Anupama Upadhyaya
Explanation:
India’s Anupama Upadhyaya defeats Tanya Hemanth (India) to win the women’s singles title of the Orlen Polish Open 2024, held from 20th to 24 March 2024 in Wilanow Sports Centre, Warsaw, Poland.
It was Anupama’s fifth international women’s singles title.
i. The Indian pair M.R. Arjun and Dhruv Kapila won the men’s doubles title by defeating Denmark’s William Kryger Boe and Christian Faust Kjær in the finals.
ii. Denmark’s Victor Ørding Kauffmann won the men’s singles title by defeating Jia Heng Jason Teh (Singapore) in the finals.
How many medals were recently (in March ‘24) won by India in the Youth World Boxing Cup 2024 held in Montenegro?
1) 28
2) 30
3) 26
4) 39
5) 47
Answer-3) 26
Explanation:
The Indian boxing contingent won 26 medals (5 gold, 9 silver, and 12 bronze) in the Youth World Boxing Cup 2024 (33rd Adriatic Pearl tournament) held at the Hotel Splendid Conference & Spa Resort in Budva, Montenegro, from 3rd to 11th March 2024.
i. Russia topped the medal tally with eight gold medals. India finished second with five gold medals, while Poland was in the third position with three gold medals.
ii. Chanchal Chaudhary won a gold medal in the Women’s Youth Light Fly (50kg) category by defeating Valeria Amparan of Mexico.
In April 2024, which state received Geographical Indication (GI) tags status for 19 traditional crafts including Sarthebari Metal Craft?
1) Assam
2) Tripura
3) Meghalaya
4) Nagaland
5) Mizoram
Answer-1) Assam
Explanation:
The Government of India’s (GoI) Geographical Indication Registry granted Geographical Indication (GI) tags to 19 traditional crafts of Assam, 2 from Tripura, and 4 from Meghalaya.
i. Apart from the Six GI tags, thirteen Assamese products associated with the Bodo people, the state’s largest indigenous population, have also been granted GI tags.
Sarthebari Metal Craft: Handmade bell metal utensils with socio-cultural and religious significance, part of ritual practices in Assam.
ii. Tripura’s Rignai Pachra textile, Tripureswari temple’s ‘Pera’ get GI tag.
iii. Meghalaya also secured 4 GI tags- Meghalaya Garo Dakmanda Textile, Meghalaya Lyrnai Pottery, Meghalaya Chubitchi (Rice Liquor) & Lakadong Turmeric. Click here to read more.
The Ministry of New and Renewable Energy (MNRE) has re-imposed ALMM [Approved List of Models & Manufacturers] for Solar Photovoltaic (PV) Modules with effect from ___________.
1) 1st May 2024
2) 1st April 2024
3) 1st June 2024
4) 1st July 2024
5) 1st August 2024
Answer-2) 1st April 2024
Explanation:
The Ministry of New and Renewable Energy (MNRE) has re-imposed ALMM [Approved List of Models & Manufacturers] for Solar Photovoltaic (PV) Modules with effect from 1st April 2024.
i. ALMM enlistment is subjected to valid Bureau of Indian Standards(BIS) registration.
ii. ALMM will apply to government-supported schemes and projects from where electricity discoms procure electricity.
iii. The schemes include the Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyan (PM-KUSUM) Scheme and the PM Surya Ghar Muft Bijli Yojana.
Name the company that has recently (in March ‘24) signed a MoU with National Power Training Institute (NPTI) to establish a Centre of Excellence (CoE) for Research & Development (R&D) in the Energy Domain.
1) SJVN Limited
2) THDC India Limited
3) NEEPCO Limited
4) NHPC Limited
5) PTC India Limited
Answer-5) PTC India Limited
Explanation:
On 28th March 2024, the National Power Training Institute (NPTI), under the Ministry of Power and PTC India Ltd. Signed a Memorandum of Understanding (MoU) to establish a Centre of Excellence (CoE) for Research & Development (R&D) in the Energy Domain.
i. The collaboration aims to address pressing challenges in the energy domain while aligning with Sustainable Development Goals (SDGs).
Which company has recently (in March ‘24) signed a contract with the Hindustan Aeronautics Limited to supply 6 sets of LM2500 gas turbines (GT) & GT Auxiliaries (GTAE), tools for Indian Navy’s Next Generation Missile Vessel (NGMV) project?
1) Hindustan Shipyard Limited
2) Cochin Shipyard Limited
3) Garden Reach Shipbuilders & Engineers
4) Goa Shipyard Limited
5) Mazagon Dock Shipbuilders Limited
Answer-2) Cochin Shipyard Limited
Explanation:
Hindustan Aeronautics Limited (HAL) has signed a contract worth Rs 1,173 .42 crore with Cochin Shipyard Limited (CSL), Kochi(Kerala), to supply 6 sets of LM2500 gas turbines (GT) and GT Auxiliaries (GTAE), spares, tools for Indian Navy’s Next Generation Missile Vessel (NGMV) project.
i. The domestic contract will be slated for execution between FY26 to FY29.
Name the programme that has recently (in March ‘24) launched by Indian Space Research Organisation (ISRO) to encourage youngsters to choose the field of space science and technology.
1) YUVIKA 2024
2) BAL SCIENTIST 2024
3) START 2024
4) YOUNGSTER 2024
5) UGPG 2024
Answer- 3) START 2024
Explanation:
Indian Space Research Organisation (ISRO) has launched ‘Space Science and Technology Awareness Training (START)’, a new introductory-level online training programme to encourage youngsters to choose the field of space science and technology.
i. The START 2024 programme will be conducted during April and May 2024.
The programme targets students doing postgraduate (PG) and final year undergraduate courses in physical science and technology.
Which regulatory body has recently (in March ‘24) announced a plan to establish a Digital India Trust Agency (DIGITA) to combat the proliferation of illegal lending apps?
1) Telecom Regulatory Authority of India
2) Small Industries Development Bank of India
3) Securities and Exchange Board of India
4) Reserve Bank of India
5) Insurance Regulatory and Development Authority
Answer-4) Reserve Bank of India
Explanation:
The Reserve Bank of India (RBI) will establish a Digital India Trust Agency (DIGITA) to combat the proliferation of illegal lending apps.
i. The RBI has provided a list of 442 digital lending apps to Google for whitelisting, over 2,200 apps were removed from the PlayStore.
ii. Google now enforces a policy allowing only RBI-regulated entities (REs) or their partners to publish apps on the PlayStore.
The Insurance Regulatory and Development Authority of India (IRDAI) announced final rules on surrender value for traditional endowment policies effective from April 1, 2024.
The surrender value is expected to remain the same or lower if policies are surrendered within the initial ___________ years
1) 2
2) 3
3) 1
4) 4
5) 5
Answer-2) 3
Explanation:
The Insurance Regulatory and Development Authority of India (IRDAI) announced final rules on surrender value for traditional endowment policies effective from April 1, 2024.
i. The surrender value is expected to remain the same or lower if policies are surrendered within the initial 3 years. Click here to read more.
As of March 2024, which company has emerged as the top-performing large cap on the Nifty50 in the Financial year 2023-24 (FY24)?
1) Tata Motors
2) Coal India Limited
3) Zomato
4) Uber
5) Bajaj Auto
Answer- 5) Bajaj Auto
Explanation:
Indian financial markets finished the Financial year 2023-24 (FY24) on a positive note with domestic equity indices: Nifty50 and Sensex achieving their most robust performance in three fiscal years.
i. Bajaj Auto, Tata Motors and Coal India Limited emerged as the Top 3 Index Performers in FY24.
ii. Bajaj Group emerged as the top-performing large cap on the Nifty50 in FY24. It shows an exceptional return of 142.52% on investments made over the last 12 months. Its market cap surged by 120% which amounts to Rs 2,54,000 crore as of 1st April, 2024. Click here to read more.
Which of the following points is/are “correct” with respect to the Hockey India 6th Annual Awards 2023 held at New Delhi, Delhi in March 2024?
A) Indian Field Hockey Player & Vice- captain of the Indian Hockey men’s team, Hardik Singh was honoured with the Hockey India Balbir Singh Senior award for Player of the Year 2023 (Men)
B)Indian field hockey player Salima Tete was honoured with the Hockeyg India Balbir Singh Senior award for the Player of the year 2023 ( women).
C) Ashok Kumar won the prestigious Hockey India Major Dhyan Chand Lifetime Achievement Award for the Year 2023.
1) All A, B & C
2) Only A & B
3) Only B & C
4) Only A & C
5) Only A
Answer-1) All A, B & C
Explanation:
Indian Field Hockey Player & Vice- captain of the Indian Hockey men’s team, Hardik Singh was honored with the Hockey India Balbir Singh Senior award for Player of the Year 2023 (Men) at the Hockey India 6th Annual Awards 2023 event held in New Delhi, Delhi.
i. Indian field hockey player Salima Tete was honoured with the Hockeyg India Balbir Singh Senior award for the Player of the year 2023 ( women).
The Balbir Singh Senior award for Player of the year (both men and women) carries a cash prize of Rs 25,00,000.
ii. Ashok Kumar won the prestigious Hockey India Major Dhyan Chand Lifetime Achievement Award for the Year 2023, with a cash prize of Rs 30 Lakh and a trophy. Click here to read more.
When was the International Transgender Day of Visibility (TDOV) 2024 observed across the globe?
1) 30th March 2024
2) 31st March 2024
3) 28th March 2024
4) 27th March 2024
5) 26th March 2024
Answer-2) 31st March 2024
Explanation:
International Transgender Day of Visibility (TDOV) 2024 observed across the globe on 31 March 2024 to celebrate transgender, nonbinary, and gender expansive/gender non-conforming individuals and the contributions of trans people and the nonbinary community.
i. The Day aims to draw attention toward eliminating poverty, violence, and discrimination based on gender identity faced by the community.
ii. The Transgender Pride Flag was created by American trans woman Monica Helms in 1999. Click here to read more.
According to the data released by the Ministry of Defence (MoD) in April 2024, the Indian defence sector has recorded the highest ever defence exports of _________ crore in FY (2023-2024).
1) Rs. 21,083
2) Rs. 20,066
3) Rs. 19,094
4) Rs. 23,053
5) Rs. 22,097
Answer-1) Rs. 21,083
Explanation:
As per the data released by the Ministry of Defence (MoD), the Indian defence sector has recorded the highest ever defence exports of Rs. 21,083 crore i.e. approximately USD2.63 billion in FY (2023-2024).
i. The data shows a growth of 32.5% compared to last fiscal (FY 2022-2023), when defence export was recorded Rs15,920 crore.
ii. The latest figures indicate that the defence exports have grown by 31 times in the last decade over the FY 2013-2014.
In which state, the Indian Air Force (IAF) has recently (in April ‘24) launched ‘Gagan Shakti-2024’, a 10-day war exercise?
1) Gujarat
2) Maharashtra
3) Rajasthan
4) Arunachal Pradesh
5) Uttarakhand
Answer-3) Rajasthan
Explanation:
The Indian Air Force (IAF) has launched a 10-day war exercise named ‘Gagan Shakti-2024’ from April 1 to April 10, 2024, to display its prowess in executing high-intensity operations across India.
i. The Pokhran Field Firing Range in Jaisalmer, Rajasthan; Bhuj in Gujarat; Ladakh, Arunachal Pradesh; and other locations nationwide will host the exercise.
ii. Fighter planes and helicopters will engage pseudo targets at Pokhran Field Firing Ranges.
iii. The Indian Army is providing logistical support, including passenger trains named Sanyukta Express.
Which company has recently (in April ‘24) signed a multi-year deal worth USD 100 million with an Airbus Atlantic group entity to supply 2300 varieties of metallic components?
1) Tata Advanced Systems Limited
2) Hindustan Aeronautics Limited
3) BrahMos Aerospace Private Limited
4) Lockheed Martin India Private Limited
5) Mahindra Aerostructures Private Limited
Answer-5) Mahindra Aerostructures Private Limited
Explanation:
Mahindra Aerostructures Private Limited (MASPL) has signed a multi-year deal worth USD 100 million with an Airbus Atlantic group entity.
i. As per the deal, Mahindra Aerostructures will supply nearly 2300 varieties of metallic components to Airbus Atlantic in France from its manufacturing unit in India.
ii. MASPL will manufacture and deliver metallic components and small assemblies for the entire Airbus commercial aircraft family, including the A320 series.
As of April 2024, the Indian government has raised Rs. ___________in 2023-24 by selling its stakes in about 10 state-run companies.
1) Rs. 16,500 crores
2) Rs. 20,800 crores
3) Rs. 25,879 crores
4) Rs. 18,987 crores
5) Rs. 33,808 crores
Answer-1) Rs. 16,500 crores
Explanation:
In the fiscal year 2023-24, the Indian government has raised Rs. 16,500 crores through stake sales in about 10 state-run companies. This amount however fell short by about 9% compared to the internal target of Rs 18,000 crore.
i. Despite lower stake sale receipts, the government received higher dividends from state-run companies, totaling about Rs 63,000 crore in 2023/24, surpassing the target of Rs. 50,000 crore.
Who has been recently (in April ‘24) appointed as the Managing Director (MD) and Chief Executive Officer of Axis Capital Limited?
1) Parag Gude
2) Atul Mehra
3) Rajesh Kumar
4) Rakesh Sharma
5) Amith Patel
Answer-2) Atul Mehra
Explanation:
Axis Capital Limited (Erstwhile ENAM Securities Private Limited) has appointed Atul Mehra as its Managing Director (MD) and Chief Executive Officer (CEO), succeeding Salil Pitale, who held the interim MD & CEO position from 2018-2024.
i. Axis Capital has also appointed Parag Gude as the Chief Operating Officer (COO) of Institutional Equities and Dhaval Desai as Head of Cash Equities.
ho has been recently (in April ‘24) appointed as the Managing Director (MD) of Tata International Limited (TIL)?
1) Ajay Rathore
2) Ashwini Kumar
3) Rajeev Singhal
4) Uthhav Singh
5) Rakesh Chandra
Answer-3) Rajeev Singhal
Explanation:
On April 1 2024, The Tata International Limited (TIL), the global trading and distribution arm of Tata Group, appointed Rajeev Singhal as its Managing Director (MD).
i. Rajeev Singhal succeeded Anand Sen, who attained retirement on March 31, 2024.
ii. Prior to his appointment he was serving as the Executive Director (ED) and Chief Operating Officer (COO) at TIL.
Who has been recently (in April ‘24) appointed as the first woman Prime Minister of the Democratic Republic of the Congo (DRC)?
1) Irene Esambo
2) Gertrude Kitembo Mpala
3) Wivine Mumba Matipa
4) Judith Suminwa Tuluka
5) Chantal Safu
Answer-4) Judith Suminwa Tuluka
Explanation:
Felix Tshisekedi, President of the Democratic Republic of the Congo (DRC), appointed Judith Suminwa Tuluka as the first woman Prime Minister of the DRC.
i. She succeeded Jean-Michel Sama Lukonde who served as the Prime Minister of DRC since 2021.
Which company has recently (in April ‘24) collaborated with OpenAI to invest USD 100 billion for Stargate, an Artificial Intelligence (AI) supercomputer data centre project?
1) Microsoft Corporation
2) Oracle Corporation
3) Apple Inc.
4) International Business Machines
5) Google
Answer- 1) Microsoft Corporation
Explanation:
Microsoft Corporation and OpenAI announce a joint plan for Stargate, an AI (Artificial Intelligence) supercomputer data centre project in the U.S., estimated to cost upto USD 100 billion and set for launch in 2028.
i. Stargate will be the fifth phase of a supercomputer series, with the fourth phase expected by 2026.
When was the United Nations (UN) World Autism Awareness Day (WAAD) 2024 observed across the globe?
1) 1st April 2024
2) 2nd April 2024
3) 30th March 2024
4) 31st March 2024
5) 28th March 2024
Answer-2) 2nd April 2024
Explanation:
The United Nations (UN) World Autism Awareness Day (WAAD) 2024 observed across the globe on 2nd April 2024 to raise awareness about Autism spectrum disorder (ASD) and promote the realisation of human rights and basic freedoms for autistic individuals on an equal basis with others.
i. 2 April 2024 marks the observance of the 17th annual World Autism Awareness Day. Click here to read more.
When was the International Children’s Book Day (ICBD) 2024 observed across the globe?
1) 2nd April 2024
2) 1st April 2024
3) 30th March 2024
4) 31st March 2024
5) 28th March 2024
Answer-1) 2nd April 2024
Explanation:
International Children’s Book Day (ICBD) 2024 observed across the globe on 2nd April 2024 , the birth anniversary of Danish author Hans Christian Andersen, known for his fairy tales, to foster a love for reading among children and highlight the importance of children’s books.
i. International Board on Books for Young People (IBBY) Japan (JBBY) is the official sponsor of ICBD 2024, under the theme “Cross the Seas on the Wing of your Imagination“.
“Imagination” is the keyword for ICBD 2024. Click here to read more.
Name the organization that has recently (in April ‘24) signed an MoU with the Quality Council of India (QCI) to enhance the awareness and participation in the MSME Competitive Lean Scheme (MCLS).
1) Laghu Udyog Bharati
2) Allied Council for Commerce and Logistics
3) United Way India
4) National Commerce Olympiad Foundation
5) Akanksha Foundation
Answer-1) Laghu Udyog Bharati
Explanation:
The Quality Council of India (QCI) has signed Memorandum of Understanding (MoU) with Laghu Udyog Bharati (LUB) to enhance the awareness and participation in the Ministry of Micro, Small and Medium Enterprises (MSME) Competitive Lean Scheme (MCLS) among the members of Laghu Udyog Bharati.
i. A selected nodal officer from each organization will serve as a single point of contact for all MCLS-related issues in order to facilitate a seamless implementation.
Which company has recently partnered with the Press Trust of India (PTI), under its third-party fact-checking program in India, to establish a dedicated fact-checking unit?
1) Google
2) Meta Platforms Inc.
3) Microsoft Corporation
4) Apple Inc.
5) Capgemini Technology Services India Limited
Answer-2) Meta Platforms Inc.
Explanation:
Meta Platforms Inc. (formerly Facebook, Inc.) has partnered with Press Trust of India (PTI), India’s largest news agency, under its third-party fact-checking program in India, to establish a dedicated fact-checking unit.
i. Under this partnership PTI will identify, review, and rate content for misinformation across Meta platforms.
Which State/Union Territory’s Municipal corporation has recently (in April ‘24) extended the last date for geo-tagging of properties until 30th June 2024?
1) Bihar
2) Karnataka
3) Pondicherry
4) Delhi
5) Maharashtra
Answer-4) Delhi
Explanation:
The Municipal Corporation of Delhi (MCD), a civic body of Delhi, has extended the last date for geo-tagging of properties until 30th June 2024 to provide taxpayers another opportunity to register their properties with MCD.
Taxpayers failing to geo-tag their properties by 30 June cannot avail of the rebate on lump-sum tax payments for the current financial year (2024-25).
Name the Institute that has recently (in April ‘24) partnered with HP India to empower students in navigating the intricacies of Environmental–Social – Governance (ESG) frameworks.
1) Indian Institutes of Science Education and Research
2) Indira Gandhi Institute of Development Research
3) Jawaharlal Nehru Centre for Advanced Scientific Research
4) Nansen Environmental Research Centre India
5) Indian Institute of Corporate Affairs
Answer- 5) Indian Institute of Corporate Affairs
Explanation:
The Indian Institute of Corporate Affairs (IICA) has partnered with HP India to launch the “HP Future Impact Leaders – IICA Certified Environmental – Social – Governance (ESG) Professional Programme” to promote sustainability and empower corporate social responsibility (CSR) professionals to emerge as leaders in navigating the intricacies of ESG frameworks.
i. Under this programme, 100% scholarships will be offered to 75 candidates to pursue advanced education in ESG.
Which company has recently (in April ‘24) launched “Travel Guard Plus“, a comprehensive travel insurance product aimed at redefining complete coverage for travelers?
1) TATA AIG General Insurance Company Limited
2) Reliance General Insurance Company Limited
3) Aditya Birla Sun Life Insurance Company Limited
4) SBI General Insurance Company Limited
5) Kotak Mahindra General Insurance Company Limited
Answer-1) TATA AIG General Insurance Company Limited
Explanation:
TATA AIG General Insurance Company Limited, a leading general insurance provider, has launched “Travel Guard Plus“, a comprehensive travel insurance product aimed at redefining complete coverage for travelers.
i. This product caters to the diverse travel needs of people, with a wide range of plans, where 41 different types of covers have been packaged ensuring a stress-free experience.
According to the World Bank (WB)’s South Asia Development Update in April 2024, India’s economy is projected to grow by _____ in 2024.
1) 8.1%
2) 7.5%
3) 9.1%
4) 11.8%
5) 12.7%
Answer-2) 7.5%
Explanation:
World Bank(WB)’s South Asia Development Update April 2024 – Jobs for Resilience, stated that India’s economy is projected to grow by 7.5% in 2024, a revision of 1.2% from 6.3% estimated in the October 2023 report.
i. India’s output growth is forecasted to reach 7.5% in FY 2023-24 (FY24) before moderating to 6.6% in FY25, primarily due to a deceleration in investments.
ii. South Asia is projected to maintain its status as the fastest-growing Emerging Market and Developing Economy (EMDE) region globally for the next two years, with growth anticipated at 6.1% in 2025.
iii. The WB in its semi-annual economic outlook titled ‘East Asia and Pacific April 2024 Economic Update, April 2024: Firm Foundations of Growth‘ projected East Asia and Pacific’s (EAP) growth to ease to 4.5% in 2024 from 5.1% in 2023, with developing EAP excluding China expected to pick up to 4.6% from 4.4% in 2023. Click here to read more.
In April 2024, ________________ won the Egyptian Presidential election for the 3rd term.
1) Ahmed Safiq Sisi
2) Moussa Moustafa
3) Moustafa Madbouly
4) Abdel Fattah Al-Sisi
5) El Sayyid El- Badawi
Answer-4) Abdel Fattah Al-Sisi
Explanation:
Abdel Fattah Al-Sisi has taken oath as the President of Egypt for the third term in the New Administrative Capital of the country. The 69-year-old former army chief will continue with his presidential powers until 2030 that followed constitutional amendments that extended presidential terms to six years allowing him to stand for a third election.
i. He won the election in December 2023 with 89.6% of the votes and with no major challengers.
Who has been recently (in April ‘24) appointed as the President of the Associated Chambers of Commerce and Industry of India (ASSOCHAM)?
1) Ajay Singh
2) Aditya Ghosh
3) Sanjiv Kapoor
4) Vineet Agar
5) Sanjay Nayar
Answer-5) Sanjay Nayar
Explanation:
Sanjay Nayar, the Founder and Chairman of Sorin Investment Fund has taken over as President of the Associated Chambers of Commerce and Industry of India (ASSOCHAM), India’s oldest apex Industry chamber, for 2024-25. Previously, he served as the Vice President of ASSOCHAM.
i. Sanjay Nayar replaced Ajay Singh, Chairman & Managing Director(CMD) of Spicejet, who served as ASSOCHAM’s President for 2023-24.
Which International Organisation has recently (in April ‘24) unveiled S.A.R.A.H., a generative artificial intelligence (AI)?
1) World Trade Organisation
2) United Nations Educational Scientific and Cultural Organisation
3) World Health Organization
4) World Food Programme
5) International Council on Monuments and Sites
Answer- 3) World Health Organization
Explanation:
On 2nd April 2024, The World Health Organization (WHO) unveiled S.A.R.A.H. (Smart AI Resource Assistant for Health), its first digital health promoter prototype with enhanced empathetic response powered by generative artificial intelligence (AI).
i. The digital health promoter was launched ahead of World Health Day 2024 (7th April 2024) observance focused on ‘My Health, My Right’.
ii. S.A.R.A.H., also known as Sarah, is supported by Biological AI technology of Soul Machines Limited.
When was the Raising Day of the Army Medical Corps (AMC), celebrated by the Indian Army?
1) 3rd April 2024
2) 2nd April 2024
3) 30th March 2024
4) 31st March 2024
5) 1st April 2024
Answer-1) 3rd April 2024
Explanation:
On 3 April 2024, the Indian Army celebrated the 260th Raising Day of the Army Medical Corps (AMC), a specialist corps in the Indian Army that provides medical services to all serving and veteran army personnel, as well as their families.
i. The Raising Day of AMC commemorates the founding day of the AMC and pays tribute to the medical personnel who have sacrificed their lives in the line of duty.
ii. Motto of AMC: “Sarve Santu Niramaya,” translates to “Let all be free from disease and disability,” embodying its mission. Click here to read more.
Which Indian Institute of Management (IIM) has recently (in April ‘24) prepared the report ‘Synchronizing Energy Transitions Toward Possible Net Zero for India: Affordable and Clean Energy for All’ to achieve India’s net-zero Targets?
1) IIM Ahmedabad
2) IIM Visakhapatnam
3) IIM Mumbai
4) IIM Bangalore
5) IIM Tiruchirappalli
Answer-1) IIM Ahmedabad
Explanation:
On April 3, 2024, a report titled ‘Synchronizing Energy Transitions Toward Possible Net Zero for India: Affordable and Clean Energy for All‘ prepared by IIM-A (Indian Institute of Management- Ahmedabad) Gujarat, under the sanction of the Office of the Principal Scientific Adviser to the Government of India (GoI) was launched during a meeting held in New Delhi, Delhi. It was launched by Prof. Ajay Kumar Sood, Principal Scientific Adviser (PSA) to the GoI.
i. The reports part-funding (one-third) is from Nuclear Power Corporation of India Ltd (NPCIL).
The report aims to analyze the energy transition necessary for achieving a net-zero energy basket for India.
According to the 38th annual World’s Billionaires list released by Forbes in April 2024, India’s Mukesh Ambani secured _______ rank globally, while ___________ topped the list with a net worth of USD 233 Billion.
1) 9th, Elon Musk
2) 10th, Mark Zuckerberg
3) 9th, Bernard Arnault
4) 10th, Elon Musk
5) 8th, Bill Gates
Answer-3) 9th, Bernard Arnault
Explanation:
On April 2, 2024, Forbes released its 38th annual World’s Billionaires list – ‘Forbes World’s Billionaires List: The Richest in 2024‘ in partnership with J.P. Morgan Bank. Bernard Arnault (France), Chief Executive Officer (CEO) of LVMH Moët Hennessy Louis Vuitton (LVMH ) topped the list with a net worth of USD 233 Billion.
He is followed by Elon Musk, CEO of Tesla Motors with a net worth of USD 195 Billion and Jeff Bezos, founder & Former CEO of Amazon with USD 194 Billion at 3rd place.
i. Mukesh Ambani, Chairman And Managing Director(CMD) of Reliance Industries Limited (RIL), ranked 9th globally with a net worth of USD 116 Billion, becomes the richest man in India. He is the only Indian to feature among the top 10.
He also became the first Asian to break into the USD 100 billion club. Click here to read more.
Prime Minister Narendra Modi addressed the opening ceremony of RBI@90 in Mumbai, Maharashtra on 1 April 2024, organised to mark the 90 years of the establishment of Reserve Bank of India (RBI).
The coin weighs about _______
1) 90 grams
2) 100 grams
3) 75 grams
4) 60 grams
5) 40 grams
Answer-5) 40 grams
Explanation:
Prime Minister (PM) Narendra Modi addressed the opening ceremony of RBI@90, as the Reserve Bank of India (RBI) marked its 90th year on April 1, 2024. The ceremony took place at the National Centre for the Performing Arts in Mumbai, Maharashtra.
i. A special Rs 90 coin was unveiled by Prime Minister Narendra Modi to commemorate 90 years of RBI.
ii. The coin is made from pure silver and it weighs about 40 grams.
iii. On the observer side the RBI emblem is embossed at the centre of the coin, below which “RBI@90” is inscribed.
iv. The Reverse Side Showcases the Lion Capital of Ashoka Pillar with the national motto “Satyamev Jayate” (Truth Alone Triumphs) inscribed in Devanagari script below. Click here to read more.
According to Worldline India Digital Payments Report H2 2023 released in April 2024, the Unified Payments Interface (UPI) transactions volume in the second half of 2023 increased by _________to 65.77 billion.
1) 56%
2) 77%
3) 44%
4) 38%
5) 45%
Answer-1) 56%
Explanation:
According to Worldline India Digital Payments Report H2 2023 the Unified Payments Interface (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.
i. The value of transactions increased by 44% from Rs 69.36 Lakh Crore to Rs 99.68 lakh crore.
ii. The Average Ticket Size(ATS) of UPI transactions reduced by 8% to Rs 1515 from Rs 1648 in H2 2022.
iii. The volume of Online transactions via mobile phone apps increased by 38% to 62.95 billion(H2 2023) from 45.58 billion(H2 2022). Click here to read more.
Which bank has recently (in April ‘24) launched a healthcare loan product, Heal, to cover hospitalization expenses beyond insurance limits?
1) Bank of Maharashtra
2) Canara Bank
3) Punjab National Bank
4) Bank of Baroda
5) Union Bank of India
Answer-2) Canara Bank
Explanation:
On 3rd April 2024, Canara Bank launched a range of innovative products aimed at enhancing financial inclusivity and addressing healthcare needs.
i. Canara Heal: A healthcare loan product to cover hospitalization expenses beyond insurance limits, available at competitive interest rates.
ii. Canara Angel: A custom savings account for women with unique features like cancer care policy.
iii. Canara ReadyCash, a pre-approved personal loans
iv. Canara MyMoney, an online loan against term deposit product. Click Here to read more
In April 2024, Ousmane Sonko was appointed as the Prime Minister (PM) of ________ (Country).
1) Ghana
2) Morocco
3) Tanzania
4) Cameroon
5) Senegal
Answer-5) Senegal
Explanation:
The Senegal President Bassirou Diomaye Faye appointed Ousmane Sonko as the Prime Minister(PM) of Senegal in his first act as President.
i. Ousmane Sonko replaced Sidiki Kaba as the new prime minister. Sidiki Kaba was appointed as the prime minister by former President Macky Sall in March 2024.
ii. Bassirou Diomaye Faye was newly appointed as the President of Senegal on April 2 2024.
Which Ministry has recently (in April ‘24) ) launched the myCGHS app to advance healthcare accessibility for Central Government Health Scheme (CGHS) beneficiaries?
1) Ministry of Home Affairs
2) Ministry of Health and Family Welfare
3) Ministry of Finance
4) Ministry of Women & Child Development
5) Ministry of Science and Technology
Answer-2) Ministry of Health and Family Welfare
Explanation:
The Ministry of Health and Family Welfare (MoHFW) launched the myCGHS app for the iPhone Operating System (iOS) devices to advance in healthcare accessibility for Central Government Health Scheme (CGHS) beneficiaries.
i. The app is designed to enhance access to Electronic Health Records, information, and resources for CGHS beneficiaries.
ii. The myCGHS iOS app is developed by the technical teams of the National Informatics Centre (NIC) Himachal Pradesh and the NIC Health Team.
Which Company has recently (in April ‘24) tested the lunar rover prototype, the Flexible Logistics and Exploration (FLEX) rover in Mojave Desert, California?
1) Xona Space Systems
2) Umbra Lab Inc
3) Venturi Astrolab Inc
4) Turion Space
5) Viridian Space Corporation
Answer-3) Venturi Astrolab Inc
Explanation:
Venturi Astrolab Inc, a Los Angeles, United States (US)-based startup, has successfully tested a groundbreaking lunar rover prototype, the Flexible Logistics and Exploration (FLEX) rover, in California’s Mojave Desert.
i. Piloted by retired Canadian astronaut Chris Hadfield and MIT (Massachusetts Institute of Technology) aerospace graduate student Michelle Lin, the FLEX rover demonstrated agility and capabilities, including setting up a vertical solar array.
ii. It is designed for National Aeronautics and Space Administration (NASA)’s Artemis program.
Which country’s defence force has recently (in April ‘24) received two Dornier 228 planes from Hindustan Aeronautics Limited (HAL)?
1) France
2) Uruguay
3) Ecuador
4) Guyana
5) Argentina
Answer-4) Guyana
Explanation:
Hindustan Aeronautics Limited (HAL) delivers two Dornier 228 planes to Guyana Defence Force (GDF) via Boeing C-17 Globemaster military transport planes at Cheddi Jagan International Airport (CJIA).
i. The Dornier 228 aircraft is known for its versatility and reliability. It is suitable for diverse military and civilian applications such as surveillance, reconnaissance, medical evacuation, and transport operations.
When was the United Nations (UN) International Day for Mine Awareness and Assistance in Mine Action 2024 observed across the globe with the theme of ‘Protecting Lives, Building Peace’?
1) 4th April 2024
2) 3rd April 2024
3) 2nd April 2024
4) 1st April 2024
5) 31st March 2024
Answer-1) 4th April 2024
Explanation:
The United Nations (UN)’s International Day for Mine Awareness and Assistance in Mine Action 2024 was observed across the globe on 4th April 2024 with the theme of ‘Protecting Lives, Building Peace’ to raise awareness and encourage the establishment and development of national mine-action capacities in affected countries.
i. 4th April 2024 marks the observance of the 19th International Day for Mine Awareness and Assistance in Mine Action.
ii. The annual observance is led by the United Nations Mine Action Service (UNMAS). Click here to read more.
In which State/UT, a two-day coastal security exercise ‘Sagar Kavach 01/24’ was conducted in April 2024?
1) Pondicherry
2) Gujarat
3) Lakshadweep
4) Andaman and Nicobar Island
5) Kerala
Answer- 3) Lakshadweep
Explanation:
Sagar Kavach 01/24, a two-day coastal security exercise involving all maritime security agencies was conducted in the Union Territory (UT) of Lakshadweep from 1st to 2nd April 2024.
The assets of the Indian Navy(IN), Indian Coast Guard(ICG), Marine Police, Fisheries, Customs and other security agencies were involved in the exercise.
i. The first edition of 2024’s State Level Biannual Coastal Security Exercise Sagar Kavach (01/24) for Kerala and Mahe (a part of the UT of Pondicherry) was held from 20 to 21 March 2024.
According to the Business Environment Rankings (BER) 2024 report released by the Economist Intelligence Unit (EIU) in April 2024, India secured __________ rank in the list, while_________ (country) tops the position for the 16th consecutive year.
1) 55th; Singapore
2) 51st; Finland
3) 55th; Denmark
4) 51st; Singapore
5) 79th; Denmark
Answer-4) 51st; Singapore
Explanation:
The Economist Intelligence Unit (EIU) released its Business Environment Rankings (BER) 2024, assessing 82 countries across 91 crucial indicators across 11 categories to determine the best places for conducting business.
i. Singapore retains its top position for the 16th consecutive year, followed by Denmark and the United States (US) at 2nd and 3rd place respectively in the world for conducting business.
ii. India ranked 51 in the list with a score of 1.08.
As per the“Economic and Social Survey of Asia and the Pacific 2024: Boosting affordable and longer-term financing for Governments” report released by the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) in April 2024, India is expected to lose approximately _________of daily working hours due to increasing temperatures by 2030.
1) 6%
2) 4.9%
3) 9%
4) 7.4%
5) 5.8%
Answer- 5) 5.8%
Explanation:
The United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) released a report titled “Economic and Social Survey of Asia and the Pacific 2024: Boosting affordable and longer-term financing for Governments”.
i. As per the report, India is expected to lose approximately 5.8% of daily working hours due to increasing temperatures by 2030.
ii. The report mentioned that climate change may lead to larger agricultural subsidies, as farm subsidies account for 20% of total farm incomes in India. Click here to read more.
Which International Organisation has recently (in April ‘2024) released a report, ” Small Island Digital States: How Digital Can Catalyse SIDS Development” highlighting the transformative potential of digital for Small Island Developing States (SIDS)?
1) United Nations Development Programme
2) World Bank
3) Asian Infrastructure Investment Bank
4) Asian Development Bank
5) International Monetary Fund
Answer-1) United Nations Development Programme
Explanation:
The United Nations Development Programme (UNDP) released a report, ” Small Island Digital States: How Digital Can Catalyse SIDS Development,” highlighting the transformative potential of digital for Small Island Developing States (SIDS). The report emphasises the pivotal role of digitalization in the development of SIDS.
i. UNDP conducted comprehensive Digital Readiness Assessments in over 15 SIDS to identify key digital opportunities and priorities.
Who has been recently (in April ‘24) appointed as a member of the Economic Advisory Panel of the World Bank Group (WBG)?
1) Rakesh Mohan
2) Chandran
3) Amit Patel
4) Shaktikanta Das
5) Raghuram Rajan
Answer-1) Rakesh Mohan
Explanation:
The World Bank has appointed Rakesh Mohan, Former Deputy Governor (DG) of the Reserve Bank of India (RBI) as a member in the Economic Advisory Panel of World Bank Group (WBG).
Nicholas Stern, IG Patel Professor of Economics and Government at the London School of Economics, United Kingdom (U.K.) will be the chairman of Economic Advisory Panel of WBG
Indermit Gill, Chief Economist of the World Bank Group (WBG) and Senior President for Development Economics will co-chair the panel.
The panel members will have a tenure of two years.
In April 2024, the Indian Army commenced the induction of the indigenous ‘Akashteer Control & Reporting Systems’ to enhance air defence capabilities.
Which company developed the Project ‘Akashteer’?
1) Hindustan Aeronautics Limited
2) Munitions India Limited
3) Bharat Electronics Limited
4) Mishra Dhatu Nigam Limited
5) Bharat Dynamics Limited
Answer- 3) Bharat Electronics Limited
Explanation:
The Indian Army has commenced the induction of the indigenous ‘Akashteer Control & Reporting Systems’ to enhance its air defence capabilities. This will enable the Indian Army’s defence units to operate in an integrated manner.
i. The project was developed by Bharat Electronics Limited (BEL) under the Atmanirbhar Bharat initiative.
Which country’s superconducting fusion device, artificial sun, has recently (in April ‘24) set a new world record in the nuclear fusion experiment by sustaining a plasma loop to 100 million degrees Celsius for 48 seconds?
1) Japan
2) France
3) China
4) South Korea
5) Germany
Answer-4) South Korea
Explanation:
South Korea’s superconducting fusion device, the Korea Superconducting Tokamak Advanced Research (KSTAR), also known as the “artificial sun” at the Korea Institute of Fusion Energy (KFE), set a new world record in the nuclear fusion experiment by sustaining a plasma loop to 100 million degrees Celsius for 48 seconds.
Tests conducted between December 2023 and February 2024 showcased the sustained high temperatures, beating the previous record of 30 seconds set in 2021. This is 7 times hotter than the core of the sun.
i. KSTAR aims to sustain plasma temperatures of 100 million degrees for 300 seconds by 2026.
In April 2024, The Indian Air Force (IAF) received the delivery of the first indigenously designed and developed Crash Fire __________ (CFT).
1) Transform
2) Tender
3) Technology
4) Technique
5) Taper
Answer-2) Tender
Explanation:
On 3rd April 2024, The Indian Air Force (IAF) received the delivery of the first indigenously designed and developed Crash Fire Tender (CFT).
i. It was manufactured by a Noida (Uttar Pradesh-UP)-based Indian Micro, Small & Medium Enterprises (MSME) firm, against the contract worth Rs 291 crores. The CFT was delivered within 14 months of contract.
In April 2024, _____________became the only Indian weightlifter to qualify for the Paris Olympics 2024 , after finishing third in Group B of the women’s 49kg division and 12th overall with a total lift of 184 Kg at the International Weightlifting Federation (IWF) World Cup 2024.
1) Saikhom Mirabai Chanu
2) Gyaneshwari Yadav
3) Bindyarani Devi
4) Akanksha Vyavahare
5) Punam Yadav
Answer-1) Saikhom Mirabai Chanu
Explanation:
Saikhom Mirabai Chanu became the only Indian weightlifter to qualify for the Paris Olympics 2024 after finishing third in Group B of the women’s 49kg division and 12th overall with a total lift of 184 kg (81 kg snatch + 103 kg clean and jerk) at the International Weightlifting Federation (IWF) World Cup 2024.
i. The 2024 IWF World Cup is being held from 31st March to 11th April 2024 in Phuket, Thailand.
ii. Indian weightlifter Bindyarani Devi Sorokhaibam won a bronze medal in the non-Olympic women’s 55kg category at the IWF World Cup 2024. Kang Hyon Gyong(Democratic People’s Republic of Korea) won the gold medal while Mihaela Cambei (Romania) won the silver medal.
The 5th International Day of Conscience (IDC) 2024 observed across the globe on _____________.
1) 4th April 2024
2) 3rd April 2024
3) 2nd April 2024
4) 5th April 2024
5) 1st April 2024
Answer-4) 5th April 2024
Explanation:
The United Nations (UN)’s International Day of Conscience (IDC) 2024 observed across the globe on 5th April 2024 to raise awareness about the importance of building a culture of peace with love and conscience, through the customs of the local, national, and regional communities.
i. 5th April 2024 marks the observance of the 5th International Day of Conscience.
ii. The 1st ever International Day of Conscience was observed on 5 April 2020. Click here to read more.
Name the company that has recently (in April ‘24) signed an MoU with Bharat Electronics Limited(BEL) to develop an indigenous Train Control Management System (i-TCMS).
1) BEML Limited
2) Chittaranjan Locomotive Works
3) Rail Vikas Nigam Limited
4) Indian Railway Finance Corporation Limited
5) Titagarh Wagons Limited
Answer-1) BEML Limited
Explanation:
BEML Limited (formerly Bharat Earth Movers Limited) signed a Memorandum of Understanding (MoU) with Bharat Electronics Limited(BEL) to jointly develop an indigenous Train Control Management System (i-TCMS).
i. The partnership between BEML and BEL aims to promote innovation and foster self-reliance in the domain of train control management systems.
In April 2024, which state received Geographical Indication(GI) tags for Miraj Tanpura and Miraj Sitar?
1) Uttar Pradesh
2) Uttarakhand
3) Maharashtra
4) Bihar
5) Madhya Pradesh
Answer-3) Maharashtra
Explanation:
The Chennai (Tamil Nadu)-headquartered Geographical Indications Registry under the Department for Promotion of Industry and Internal Trade (DPIIT), the Ministry of Commerce and Industry awarded geographical indication (GI) tags to Miraj Tanpura and Miraj Sitar of Maharashtra and Bundelkhand Kathiya Gehu (Wheat) of Uttar Pradesh (UP).
Which Indian Institute of Technology (IIT) has recently (in April ‘24) signed an MoU with SJVN Limited to utilize the advanced geological models in tunneling projects?
1) IIT Kharagpur
2) IIT Delhi
3) IIT Kanpur
4) IIT Patna
5) IIT Bombay
Answer-4) IIT Patna
Explanation:
SJVN Limited has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology Patna (IIT Patna), Bihar, to utilise the advanced geological models in tunnelling projects of SJVN.
i. Under this partnership, predictive analytics algorithms leveraging integrated geotechnical data will be developed. This will predict potential risks and offer early warning systems tailored for tunnelling projects.
Which of the following Non-Banking Financial Companies (NBFCs)’s Certificate of Registration (CoR) was not cancelled by the Reserve Bank of India (RBI) in April 2024?
1) Ujjivan Financial Services Limited
2) Kundles Motor Finance Private Limited
3) Jiwanjyoti Deposits and Advances Limited
4) Nithya Finance Limited
5) Bhatia Hire Purchase Private Limited
Answer-1) Ujjivan Financial Services Limited
Explanation:
The Reserve Bank of India(RBI) has cancelled the Certificate of Registration(CoR) of Four Non-Banking Financial Companies (NBFCs) in the exercise of powers conferred on it under Section 45-IA (6) of the RBI Act, 1934.
i. The 4 NBFCs are,
• Kundles Motor Finance Private Limited (Bareilly, Uttar Pradesh-UP)- CoR cancelled with effect from 12th March 2024.
• Nithya Finance Limited (Coimbatore, Tamil Nadu-TN) – CoR cancelled w.e.f 14th March 2024.
• Bhatia Hire Purchase Private Limited (Bathinda, Punjab) – CoR cancelled w.e.f 19th March 2024.
• Jiwanjyoti Deposits and Advances Limited (Hamirpur, Himachal Pradesh) – CoR cancelled w.e.f 21st March 2024.
Note: Following the cancellation of CoR the NBFCs shall not transact the business of a Non-Banking Financial Institution(NBFI) as defined in clause (a) of Section 45-I of the RBI Act, 1934.
In April 2024, the Reserve Bank of India (RBI) imposed a monetary penalty of Rs. 1 Crore on _________(Banks) for non-compliance with certain directions issued by RBI.
1) HDFC Bank
2) IDFC First Bank
3) RBL Bank
4) Tamilnad Mercantile Bank
5) UCO Bank
Answer-2) IDFC First Bank
Explanation:
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on IDFC First Bank Limited for non-compliance with certain directions issued by RBI on ‘Loans and Advances – Statutory and Other Restrictions’.
• The penalty was imposed in the exercise of the power vested in RBI under the provisions of section 47 A (1) (c) read with sections 46 (4) (i) of the Banking Regulation Act, 1949.
i. RBI has imposed a monetary penalty of Rs 49.70 lakhs on LIC Housing Finance Limited for non-compliance with certain provisions of ‘Non-Banking Financial Company – Housing Finance Company (Reserve Bank) Directions, 2021’.
• The penalty was imposed in exercise of powers vested in RBI conferred under section 52A of the National Housing Bank Act, 1987.
Which bank has recently (in April ‘24) raised USD 500 million from Dubai International Financial Centre (DIFC) to fund overseas business growth?
1) Bank of Baroda
2) Canara Bank
3) Karnataka Bank
4) Andhra Bank
5) Union Bank of India
Answer-5) Union Bank of India
Explanation:
The Union Bank of India (UBI), has raised USD 500 million (about Rs 4,200 crore) from foreign markets to fund overseas business growth.
i. The fund was arranged by Dubai International Financial Centre (DIFC), Dubai Branch, United Arab Emirates (UAE).
• There would be two tranches of a USD 500 million syndicated term loan with terms of three and five years each (USD 400 million and USD 100 million for Green Shoe).
• Note: The first tranche of USD 100 million was drawn on 3rd April 2024.
Which company has recently (in April ‘24) launched the new Metal Corporate Platinum Card?
1) Mastercard
2) SBI Card
3) American Express
4) Discover Card
5) Visa
Answer-3) American Express
Explanation:
On April 5 2024, American Express launched the new Metal Corporate Platinum Card, designed to meet the changing needs of business owners and entrepreneurs in India.
• The card offers best-in-class advantages including Taj Epicure Plus Membership and Gold Elite Status at Marriott Bonvoy.
Name the company that has recently (in April ‘24) received the Achievement Award for Creating Social Development and Impact at the 15th CIDC Vishwakarma Awards (VKA) (2024).
1) SJVN Limited
2) NTPC Limited
3) NMDC Limited
4) THDC India Limited
5) NHPC Limited
Answer-1) SJVN Limited
Explanation:
SJVN Limited, a hydroelectric power generation company, received the Achievement Award for Creating Social Development and Impact at the 15th CIDC Vishwakarma Awards (VKA) (2024) instituted by the Construction Industry Development Council(CIDC).
i. The award recognizes its contribution towards positive change through its Corporate Social Responsibility (CSR) initiatives. SJVN Ltd has secured the award for the 3rd consecutive time.
ii. SJVN also received the CIDC Partners in Progress Trophy 2024.
Who has been recently (in April ‘24) selected as the Chairman of the National Cooperative Dairy Federation of India Limited (NCDFI)?
1) T Nandakumar
2) Dilip Rath
3) Meenesh Kumar Champaklal Shah
4) Milind Rathore
5) Ashish Shukla
Answer-3) Meenesh Kumar Champaklal Shah
Explanation:
Chairman and Managing Director (CMD) of the National Dairy Development Board (NDDB), Dr. Meenesh Kumar Champaklal Shah has been unanimously elected as the Chairman of the National Cooperative Dairy Federation of India Ltd. (NCDFI) in the Board elections held on 5 April 2024. He represents the Jharkhand Milk Federation on the board.
i. Dr. Meenesh Shah replaced Mangal Jit Rai, who served as Chairman of NCDFI for 2 terms from 2017 to 2024. Click here to read more.
When was the United Nations (UN) International Day of Sport for Development and Peace (IDSDP) 2024 observed across the globe with the theme of “Sport for the Promotion of Peaceful and Inclusive Societies”?
1) 2nd April 2024
2) 5th April 2024
3) 3rd April 2024
4) 4th April 2024
5) 6th April 2024
Answer-5) 6th April 2024
Explanation:
The United Nations (UN) International Day of Sport for Development and Peace (IDSDP) 2024 observed across the globe on 6th April 2024 with the theme of “Sport for the Promotion of Peaceful and Inclusive Societies” to recognise the positive roles of sport and physical activity in global communities and the lives of people worldwide.
i. 6 April 2024 marks the observance of the 11th edition of the IDSDP. Click here to read more.
In which Indian Institute of Technology (IIT), the “Experimental Licence Module for 100 5G Labs” was launched in April 2024?
1) IIT Madras
2) IIT Delhi
3) IIT Kanpur
4) IIT Kharagpur
5) IIT Bombay
Answer-1) IIT Madras
Explanation:
“Experimental Licence Module for 100 5G Labs” was virtually launched by Dr. Neeraj Mittal, Secretary, Department of Telecommunication(DoT), Ministry of Communications during a 5G workshop at the Indian Institute of Technology(IIT)-Madras, Chennai, Tamil Nadu(TN).
i. The initiative aims to simplify the process for experimental licence requirements for academic institutions in India.
• Objective: To foster skills and engagement in 5G technologies among students and start-up communities.
In April 2024, the Ministry of External Affairs (MEA) approved a proposal for India Ports Global Limited (IPGL) to take over the operations of the Sittwe port in Rakhine, ____________ (Country).
1) Nepal
2) Bangladesh
3) Myanmar
4) Bhutan
5) Sri Lanka
Answer-3) Myanmar
Explanation:
The Ministry of External Affairs (MEA) has approved a proposal for India Ports Global Limited (IPGL) to take over the operations of the Sittwe port located on the Kaladan River estuary in Rakhine, Myanmar.
i. It was the second foreign port operated by India, following the Chabahar Port in Iran.
ii. Sittwe Port has been developed as part of the Kaladan Multi-Modal Transit Transport Project, built under Indian financial assistance.
According to the 6th edition of “Global Unicorn Index 2024” report published by Hurun Institute in April 2024, India ranked at _________position in the index with 67 unicorns, while ____________ topped the position with 703 unicorns.
1) 3rd; China
2) 5th; United States of America
3) 6th; France
4) 3rd; United States of America
5) 5th; United Kingdom
Answer-4) 3rd, United States of America
Explanation:
According to the 6th edition of “Global Unicorn Index 2024”report published by Hurun Institute, India is ranked at 3rd position in the index with 67 unicorns(down to 1 compared to 2023).
i. The United States of America(U.S.A.) continued to be at top position with 703 unicorns which accounted for 48% of the world total number of unicorns.
ii. India was ranked 3rd with 67 unicorns led by on-demand food delivery start-up Swiggy (USD8 billion) followed by Dream11(USD8 billion) and Razorpay (USD7.5 billion). Click here to read more.
Which country has been recently (in April ‘24) selected by the United Nations (UN) Commission on Status of Women (CSW) to chair the 69th session in 2025?
1) France
2) Singapore
3) India
4) United States of America
5) Saudi Arabia
Answer-5) Saudi Arabia
Explanation:
The United Nations (UN) Commission on the Status of Women (CSW) has unanimously appointed Saudi Arabia to chair its 69th session in 2025.
i. Abdulaziz Alwasil, Permanent Representative of the Kingdom of Saudi Arabia to the UN, has been elected as the chair of the CSW, succeeding the outgoing chair, Antonio Manuel Lagdameo, Permanent Representative of the Philippines to the UN.
Which bank has recently (in April ‘24) carried out a Credit Default Swap (CDS) trade worth Rs 25 crore with Standard Chartered Bank India?
1) Bank of Baroda
2) State Bank of India
3) Canara Bank
4) Bank of Maharashtra
5) Indian Overseas Bank
Answer-2) State Bank of India
Explanation:
The State Bank of India (SBI) and Standard Chartered Bank India carried out the Credit Default Swap (CDS) trade worth Rs 25 crore. This marks the 1st CDS transaction since the Reserve Bank of India (RBI) issued revised CDS guidelines in 2022.
i. The trade involved a 1-year rupee CDS featuring REC.
Name the company that has recently (in April ‘24) signed an agreement with Bangalore International Airport Ltd (BIAL) to develop Bengaluru as a premier aviation hub for southern India.
1) IndiGo
2) Akasa Air
3) Air India
4) SpiceJet
5) Go First
Answer-3) Air India
Explanation:
Tata-Group-owned Air India and Bangalore International Airport Ltd (BIAL) have entered into an agreement to develop Bengaluru (Karnataka) as a premier aviation hub for southern India. This agreement aims to boost air travel connectivity to and from India over the next few years.
i. Air India (along with other Tata Group airlines – Air India Express (AIX), and Vistara) and BIAL will collaborate to enhance international air connectivity, operational efficiency, and passenger experience, over the next 5 years.
Who has recently (in April ‘24) won the WOW World Literary Prize from the World Organization of Writers (WOW)?
1) Nilanjana Sudeshna
2) Arundathi Roy
3) Sudha Murthy
4) Mamta G. Sagar
5) Lakshmi Murdeshwar Puri
Answer-4) Mamta G. Sagar
Explanation:
A renowned Kannada poet, writer, and an activist Mamta G. Sagar won the WOW World Literary Prize from the World Organization of Writers (WOW) for her contributions to the world of literature.
i. The award ceremony was held as part of the VII World Literary Festival “WOW-LIFFT-2024” held in Nigeria, Abuja from April 4-6, 2024.
ii. The award includes a gold medal, a cash prize, and a book publishing agreement.
Who has been recently (in April ‘24) appointed as a full-time member of the 16th Finance Commission (FC) of India?
1) Manoj Panda
2) Arvind Panagariya
3) Ajay Narayan Jha
4) Soumya Kanti Ghosh
5) Anoop Singh
Answer-1) Manoj Panda
Explanation:
The Government of India (GoI) has appointed economist Manoj Panda, former Director of the Institute of Economic Growth (IEG), as a full-time member of the 16th Finance Commission (FC) of India. He will hold the office with effect from the date he assumes office up to the date of submission of Report or 31st October 2025.
• Panda was appointed to the 16th FC in lieu of Niranjan Rajadhyaksha, Executive Director at Artha Global.
• Rajadhyaksha was appointed as a full time member of 16th FC in January 2024.
In April 2024 Indian Army (IA) acquired the first batch of 24 Igla-S Man Portable Air Defence Systems (MANPADS) along with 100 missiles, from __________ (country).
1) Germany
2) United States of America
3) France
4) Israel
5) Russia
Answer-5) Russia
Explanation:
The Indian Army (IA) has acquired the first batch of 24 Russia-made Igla-S Man Portable Air Defence Systems (MANPADS) along with 100 missiles as part of an agreement involving domestic production in India.
i. This will bolster the Indian Army’s Very Short Range Air Defence (VSHORAD) capabilities.
When was the International Romani Day 2024 observed across the globe?
1) 7th April 2024
2) 8th April 2024
3) 4th April 2024
4) 5th April 2024
5) 6th April 2024
Answer-2) 8th April 2024
Explanation:
International Romani Day 2024 observed across the globe on 8th April 2024 to celebrate Romani culture and history and raise awareness of the challenges and discrimination issues faced by Europe’s largest ethnic minority community worldwide.
i. The Day commemorates the 1st World Romani Congress, a major international meeting of Romani representatives held near London (United Kingdom) in the town of Orpington in 1971. Click here to read more.
Which International organisation has recently (in April’ 24) launched an Expression of Interest (EOI) with India to promote start-up collaboration on the Recycling of Electric Vehicles Batteries?
1) European Union
2) International Energy Agency
3) International Organization for Standardization
4) United Nations Environment Programme
5) World Bank
Answer-1) European Union
Explanation:
On 9th April 2024, the European Union(EU) and India launched an Expression of Interest(EOI) for startups working in Electric Vehicles(EVs) Battery Recycling to take part in the matchmaking event taking place under the India-EU Trade and Technology Council (TTC).
i. This aims to promote cooperation between European and Indian Small and Medium-sized Enterprises(SMEs) start-ups in the clean and green technologies sector.
According to the data revealed by the Ministry of Road Transport and Highways (MoRTH) in April 2024, a total of _____________ (Kilometres) of National Highways(NHs) were constructed in FY24.
1) 13,450
2) 18, 756
3) 12,349
4) 17,786
5) 15,045
Answer-3) 12,349
Explanation:
According to the Ministry of Road Transport and Highways (MoRTH), a total of 12,349 km of National Highways(NHs) were constructed in the Financial Year 2023–24 (FY24). This is the 2nd highest figure in the history of the construction of national highways.
i. The Ministry also revealed that it has awarded 8,851 NH projects in FY24.
ii. FY21 stands in first place with a length of 13,327km of national highways.
iii. The Government of India (GoI) launched a pilot program in March 2024 to provide cashless treatment to the victims of road accidents due to the use of motor vehicles.
According to the ‘Global Hepatitis Report 2024 -Action for access in low- and middle-income countries released by the World Health Organisation (WHO) in April 2024, __________ becomes the second most dangerous disease-causing more deaths after Tuberculosis (TB).
1) Cancer
2) AIDS
3) Hepatitis
4) Tuberculosis
5) Syphilis
Answer-3) Hepatitis
Explanation:
On April 9, 2024, the World Health Organisation (WHO) in its ‘Global Hepatitis Report 2024 -Action for access in low- and middle-income countries‘ during the World Hepatitis Summit (WHS) 2024, organised by World Hepatitis Alliance with the support of the Ministry of Health of Portugal, in Lisbon, from April 9–11, 2024, on the theme ‘Integrate, Accelerate, Eliminate’.
ii.As per it, there is alarming increase in deaths caused by viral hepatitis, making it the second leading infectious cause of death globally, after Tuberculosis (TB). Click here to read more.
Which company recently (in April’ 24) signed a two-year MoU with the Singapore Tourism Board (STB) to promote Unified Payments Interface (UPI) for Indians travelling in Singapore?
1) GooglePay
2) Paytm
3) Freecharge
4) PhonePe
5) BharatPe
Answer-4) PhonePe
Explanation:
The Singapore Tourism Board (STB), a lead development agency for tourism, Singapore, signed a two-year Memorandum of Understanding (MoU) with PhonePe to promote Unified Payments Interface (UPI) for Indians travelling in Singapore.
i. The MoU allows customers to instantly make cross border transactions between India and Singapore directly from their existing Indian bank accounts.
Who has been recently (in April ‘24) awarded the Sagar Samman Varun Award by the Ministry of Ports, Shipping and Waterways (MoPSW) for exemplary contributions in the maritime sector?
1) Kamal Kant Choudhary
2) Dhirendra Kumar Sanyal
3) Subir Saha
4) OM Dutta
5) Rajesh Jangid
Answer-2) Dhirendra Kumar Sanyal
Explanation:
On the occasion of the 61st National Maritime Day (5th April 2024), the Ministry of Ports, Shipping and Waterways (MoPSW) awarded the Sagar Samman Awards acknowledging exemplary contributions within the maritime sector.
i. The award was presented during the event organised by the National Maritime Day Celebrations (NMDC) Central Committee at Yashwantrao Chavan Centre in Nariman Point, Mumbai, Maharashtra.
ii. The observance of National Maritime Day 2024 was centred around the theme “Sustainable Shipping: Opportunities and Challenges”[table]
Category Winner Contribution
Sagar Samman Varun Award Dhirendra Kumar Sanyal Highest honour for outstanding and sustained contributions to the Indian maritime sector
Sagar Samman Award for Excellence Captain Kamal Kant Choudhary Recognises consistently excellent contributions to the maritime sector
Sagar Samman Award for Gallantry Captain Subir Saha and
Captain OM Dutta
Honours acts of gallantry by Indian Seafarers, encouraging emulation of their exemplary conduct.
Which Indian Naval Ships (INS) has been recently (in April ‘24) awarded with the ‘On the Spot Unit Citation 23-24’ for anti piracy operations?
1) INS Sujata
2) INS Sumitra
3) INS Sukanya
4) INS Sharda
5) INS Savitri
Answer-4) INS Sharda
Explanation:
On April 8 2024, during his visit to Southern Naval Command(SNC), Kochi(Kerala), Admiral R Hari Kumar, Chief of the Naval Staff (CNS), awarded ‘On the Spot Unit Citation 23-24’ to Indian Naval Ships (INS) Sharda for successful conduct of anti piracy operations.
i. The ship was involved in the safe release of all 19 crew members (11 Iranian and 08 Pakistani) of Iranian fishing vessel Omari which was held hostage by pirates off the East coast of Somalia on 2nd February 2024.
In April 2024, Simon Harris was elected as the Prime Minister of ____________ (Country).
1) Luxembourg
2) Poland
3) Slovakia
4) Ireland
5) Latvia
Answer-4) Ireland
Explanation:
Simon Harris (37 years old), leader of the Fine Gael party, was elected as the New Taoiseach (Prime Minister of the Republic of Ireland) by the members of the Dáil (Irish parliament).
i. He received the seal of office from President of Ireland Michael D Higgins and was officially installed as Taoiseach on 9th April 2024.
ii. He succeeded Leo Varadkar, who resigned as Fine Gael leader and Taoiseach in March 2024.
iii. He is set to hold the post till the general election which is set to be held in March 2025.
Who has been recently (in April ‘24) appointed as the Chair of the United States (US)-India Tax Forum of the United States-India Strategic Partnership Forum (USISPF)?
1) Tarun Bajaj
2) Ashwani Kumar
3) Gyanesh Kumar
4) Sukhbir Singh Sandhu
5) Susheel Kumar Trivedi
Answer-1) Tarun Bajaj
Explanation:
Tarun Bajaj, Former Revenue and Economic Affairs Secretary, Ministry of Finance, Government of India, was appointed as the Chair of the United States (US)-India Tax Forum of the United States-India Strategic Partnership Forum (USISPF).
i. He is also serving as Independent Director on the board of Hindustan Unilever Limited(HUL) since December 2023.
ii. He joined as an adviser to the Board of Directors of USISPF in January 2024.
Name India’s first private sector-built sub-metre resolution Earth Observation Satellite that has been recently (in April ‘24) launched by Tata Advanced Systems Limited (TASL).
1) TATASAT – 1AD
2) TSAT-1A
3) Jamsetji – 1A
4) Nusserwanji – 1A
5) JNTATASAT – 1A
Answer-2) TSAT-1A
Explanation:
Tata Advanced Systems Limited (TASL), a wholly-owned subsidiary of Tata Sons, has successfully launched TSAT-1A, India’s first private sector-built sub-metre resolution Earth Observation Satellite, into low-earth orbit(LEO).
i. TSAT-1A launched on board the Space Exploration Technologies Corporation’s (SpaceX’s) Falcon 9 rocket from the National Aeronautics and Space Administration (NASA) Kennedy Space Center, Florida, United States of America(USA) on 7th April 2024.
ii. This was one of the 11 satellites launched as a part of the ‘Bandwagon-1’ Mission, SpaceX’s first rideshare mission to LEO at inclinations of about 45 degrees.
When was the Central Reserve Police Force (CRPF) Valour Day/Shaurya Diwas 2024 observed across India?
1) 8th April 2024
2) 6th April 2024
3) 5th April 2024
4) 7th April 2024
5) 9th April 2024
Answer-5) 9th April 2024
Explanation:
The Central Reserve Police Force (CRPF) Valour Day 2024 also known as Shaurya Diwas 2024 observed across India on 9th April 2024 to commemorate the extraordinary valour displayed by the CRPF soldiers during the Battle of Sardar Post in the Rann of Kutch, Gujarat, in 1965.
i. The Day aims to honour the CRPF personnel and pay tribute to the martyrs who lost their lives in the line of duty.
ii. 9th April 2024 marks the observance of the 59th CRPF Valour Day. Click here to read more.
Which country, along with India, has recently (in April ‘24) amended the Double Tax Avoidance Agreement (DTAA) to focus on preventing tax evasion?
1) Mauritius
2) Ireland
3) France
4) Sweden
5) United Kingdom
Answer-1) Mauritius
Explanation:
The Government of the Republic of India and the Government of Mauritius have amended the India-Mauritius Double Tax Avoidance Agreement (DTAA) to focus on preventing tax evasion instead of promoting bilateral investment flows.
i. In February 2024, the Mauritius Cabinet of Ministers approved an amendment to the DTAA with India to align with the Organisation for Economic Co-operation and Development (OECD)’s proposal on Base Erosion and Profit Shifting (BEPS).
ii. India and Mauritius signed the protocol to amend the India-Mauritius DTAA in March 2023. Click here to read more.
According to the “Global Trade Outlook and Statistics: April 2024” report released by the World Trade Organization(WTO) in April 2024, the global merchandise trade volume is projected to grow by _______ in 2024.
1) 3.4%
2) 5.1%
3) 3.3%
4) 2.6%
5) 4.1%
Answer-4) 2.6%
Explanation:
According to the “Global Trade Outlook and Statistics: April 2024” report released by the World Trade Organization(WTO), the global merchandise trade volume is projected to grow by 2.6% in 2024 and 3.3% in 2025 as demand for traded goods rebounds following a contraction in 2023.
i. Regional conflicts, geopolitical tensions and economic policy uncertainty pose downside risks to the forecast.
ii. As per the report, India’s merchandise export for 2023 was USD 432 billion which is 5% lower than 2022. India’s imports fell 7% to USD 673 billion.
iii. India clocked USD 451 billion goods export in FY23 and USD 394.99 billion in April-February FY24. Click here to read more.
Which payment bank has recently (in April’ 24) introduced Aadhaar ATM Service for Convenient Cash Withdrawals?
1) Airtel Payment Bank
2) India Post Payments Bank
3) Paytm Payment Bank
4) NSDL Payment Bank
5) Fino Payments Bank
Answer-2) India Post Payments Bank
Explanation:
In April 2024, The India Post Payments Bank (IPPB) introduced the Aadhaar ATM service facility for its users. It works on the principle of the Aadhaar Enabled Payment System (AePS), which was introduced by the National Payments Corporation of India (NPCI).
• This IPPB Online Aadhaar ATM facility will enable customers to avail cash without visiting a bank or an Automated teller machine (ATM) and simply avail cash at their doorsteps with the help of a postman/gramin dak sevak.
Name the company that has recently (in April ‘24) partnered with Policybazaar to offer its Insurance Products on Policybazaar Platform.
1) TATA AIG General Insurance Company Limited
2) Aditya Birla Sun Life Insurance Company Limited
3) Kotak Mahindra General Insurance Company Limited
4) ICICI Lombard General Insurance Company Limited
5) SBI General Insurance Company Limited
Answer-4) ICICI Lombard General Insurance Company Limited
Explanation:
ICICI Lombard General Insurance Company Limited has partnered with the insurance platform Policybazaar to provide a comprehensive product portfolio of ICICI Lombard to the wide user base of Policybazaar.
• ICICI Lombard offers a range of products that span motor, health, travel, home, and business insurance.
i. This partnership aims to enhance insurance distribution, ensuring coverage reaches every corner of India through a seamless digital platform.
Which company has recently (in April’ 24) partnered with eSewa and Hotel Association of Nepal (HAN)–Pokhara to promote digital payments through Unified Payments Interface (UPI) on the Nepal payment processor Fonepay Network?
1) Paytm
2) Freecharge
3) GooglePay
4) Razorpay
5) PhonePe
Answer-5) PhonePe
Explanation:
Bengaluru (Karnataka)-based Fintech company PhonePe, has partnered with eSewa, a digital wallet service of Nepal and the Hotel Association of Nepal (HAN)–Pokhara (a regional association of HAN, Nepal) to promote digital payments through Unified Payments Interface (UPI) on the Nepal payment processor Fonepay Network.
• This partnership is a part of the 19th Fewa New Year Festival which will be held in Nepal from 11th to 14th April 2024.
Name the Indian-American actress who has been recently (in April ‘24) awarded with ‘South Asian Person of the Year’ by the South Asian Association (SAA).
1) Melanie Chandra
2) Pooja Kumar Bhatt
3) Padma Lakshmi
4) Aarti Majumdar
5) Avantika Vandanapu
Answer-5) Avantika Vandanapu
Explanation:
On 9th April 2024, The Indian-American actress Avantika Vandanapu was honored the ‘South Asian Person of the Year’ by the South Asian Association (SAA) at Harvard University, Cambridge, Massachusetts, USA (United States of America).
i. She was recognised for her achievements and significant impact in both the international and Indian entertainment industries.
ii. She also made her debut in Indian OTT(Over-the-top) series ‘Big Girls Don’t Cry’ (2024).
