June CA AFc Flashcards
Name the initiative that has been recently (in May ‘24) launched by the Central Council for Research in Ayurvedic Sciences (CCRAS) to boost research and innovation in Ayurveda.
1) Blue Talks
2) PRAGATI-2024
3) ODISERV
4) Meghayan-24
5) CDP-SURAKSHA
Answer-2) PRAGATI-2024
Explanation:
The Central Council for Research in Ayurvedic Sciences (CCRAS) has launched the Pharma Research in AyurGyan And Techno Innovation (PRAGATI-2024), an initiative to shape the future of Ayurveda.
• The launch took place on May 28 2024, at the India Habitat Centre, New Delhi, Delhi and inaugurated by Dr.Vaidya Rajesh Kotecha, Secretary of Ministry of Ayush.
• The initiative aims to boost research and innovation in Ayurveda by fostering collaboration between CCRAS and the Ayurveda drug industry.
In May 2024, the United Nations Development Programme (UNDP) and the _________ launched a new USD 135 million Blue and Green Islands Integrated Programme (BGI-IP) to address environmental challenges faced by Small Island Developing States (SIDS).
1) UN Environment Programme
2) African Development Bank
3) Asian Development Bank
4) World Bank
5) Global Environment Facility
Answer-5) Global Environment Facility
Explanation:
On 28th May 2024, the United Nations Development Programme (UNDP) and the Global Environment Facility (GEF) jointly launched a new USD 135 million Blue and Green Islands Integrated Program (BGI-IP), a transformative and comprehensive initiative designed to address pressing environmental challenges faced by Small Island Developing States (SIDS).
• The initiative was launched during the 4th International Conference on SIDS (SIDS4) held in Antigua and Barbuda from 27th to 30th May 2024 under the overarching theme of “Charting the course toward resilient prosperity”.
• This will support 15 SIDS, which were selected through a competitive “Expressions of Interest” process, representing all SIDS sub-regions(the Caribbean, the Pacific, the Atlantic, the Indian Ocean, and the South China Sea (AIS)).
• The 15 SIDS selected out of the 39 SIDS are Belize, Cape Verde, Comoros, Cuba, Maldives, Mauritius, Micronesia, Palau, Papua New Guinea, Saint Lucia, Samoa, Seychelles, Timor Leste, Trinidad & Tobago, and Vanuatu.
Which organisation has recently (in May ‘24) launched India’s 1st Electric Vehicle (EV) Index, named “Nifty EV and New Age Automotive Index,” to track the performance of companies that form a part of the EV ecosystem?
1) Jupiter Wagons Limited
2) NSE Indices Limited
3) Tata Mutual Fund
4) National Highways Authority of India
5) Indian Renewable Energy Development Agency Limited
Answer-2) NSE Indices Limited
Explanation:
On 30th May 2024, NSE Indices Limited, a subsidiary of National Stock Exchange of India Limited (NSE India), launched India’s 1st Electric Vehicle (EV) Index named “Nifty EV and New Age Automotive Index”.
• The index aims to track the performance of companies which are part of EV sector or engaged in the development of new-age automotive vehicles and associated technology.
• The index has a base date of 2nd April 2018 and the base value of the index is 1000.
• The index will be reconstituted semi-annually and rebalanced on a quarterly basis.
• At present, there are 17 thematic indices on the NS, which includes Nifty Commodities, Nifty India Consumption, Nifty CPSE, among others.
Which small finance bank has recently (in May ‘24) entered into a bancassurance partnership with ICICI Lombard General Insurance Company Limited?
1) Jana Small Finance Bank Limited
2) AU Small Finance Bank
3) ESAF Small Finance Bank
4) Capital Small Finance Bank Limited
5) Equitas Small Finance Bank Limited
Answer-4) Capital Small Finance Bank Limited
Explanation:
Capital Small Finance Bank Limited (CSFB), India’s first Small Finance Bank (SFB) has announced a Bancassurance Corporate Agency Partnership with ICICI Lombard General Insurance Company Limited (ICICI Lombard)
• This partnership enables CSFB to leverage its network and customer base to distribute ICICI Lombard’s comprehensive suite of general insurance products, including health, motor, home, travel, and rural insurance
• Bancassurance is an arrangement between a bank and an insurance company allowing the insurance company to sell its products to the bank’s client base.
Which fintech company has recently (in may ‘24)launched secured lending products on its platform by partnering with banks and non-banking financial companies (NBFCs)?
1) Amazon Pay
2) PhonePe
3) Airtel Payments Bank Limited
4) Tata Pay
5) Jio Financial Services Limited
Answer-4) Capital Small Finance Bank Limited
Explanation:
Capital Small Finance Bank Limited (CSFB), India’s first Small Finance Bank (SFB) has announced a Bancassurance Corporate Agency Partnership with ICICI Lombard General Insurance Company Limited (ICICI Lombard)
• This partnership enables CSFB to leverage its network and customer base to distribute ICICI Lombard’s comprehensive suite of general insurance products, including health, motor, home, travel, and rural insurance
• Bancassurance is an arrangement between a bank and an insurance company allowing the insurance company to sell its products to the bank’s client base.
Which fintech company has recently (in may ‘24)launched secured lending products on its platform by partnering with banks and non-banking financial companies (NBFCs)?
1) Amazon Pay
2) PhonePe
3) Airtel Payments Bank Limited
4) Tata Pay
5) Jio Financial Services Limited
Answer-2) PhonePe
Explanation:
PhonePe, a leading Fintech firm, has launched secured lending products on its platform by partnering with banks, Non-Banking Financial Companies (NBFCs), and other fintech firms.
• Phonepe aims to create a powerful and seamless user experience in the secured loans category.
• The customers can access lending solutions on the PhonePe app in six major categories: mutual fund, gold, bike, car, home and loans against property, and education loan.
In May 2024, Morgan Stanley, in its ‘2024 Global Economic Midyear Outlook’ report, projected India’s GDP growth of ______ in 2024.
1) 6.6%
2) 7.6%
3) 6.5%
4) 7%
5) 6.8%
Answer-5) 6.8%
Explanation:
Morgan Stanley‘s report, the 2024 Global Economic Midyear Outlook, indicates that growth in India is becoming more broad-based across both on the consumer and business spending side. The report forecasts 6.8% growth in 2024 (against the Reserve Bank of India’s (RBI) 7%), and 6.5% in 2025, and inflation is expected to stay within the 2-6% comfort zone.
• Retail inflation stands at 4.83% in April 2024 (the lowest in the past 11 months), within RBI’s comfort zone (2 – 6 %) but slightly above the ideal scenario of 4%.
• India’s Gross Domestic Product (GDP) growth reached 8.4% in the October-December quarter of FY 2023-24, maintaining its position as the fastest-growing major economy.
• India’s GDP is ranked 5th globally, after the United States (US), China, Germany, and Japan, with an estimated value of around USD 3.7 trillion.
Which country has taken over the chairmanship of the Colombo Process for the term (2024 – 2026) for the first time?
1) Bangladesh
2) China
3) India
4) Sri Lanka
5) Cambodia
Answer-3) India
Explanation:
India has taken over the chairmanship of the Colombo Process for the term (2024 – 2026). It is the first time that India has assumed the chairmanship of the Coulomb Process since its inception in 2003.
• It marks a significant step in India’s efforts to enhance cooperation and address the challenges faced by migrant workers.
• Colombo Process is a regional consultation process of migrant worker origin countries from South and SouthEast (SE) Asia.
• The 12 Member States are: Afghanistan, Bangladesh, China, India, Indonesia, Nepal, Pakistan, the Philippines, Sri Lanka, Thailand, Vietnam and Cambodia.
In May 2024, IRDAI approved the appointment of _________, as Chairman of the Board of Directors of ICICI Prudential Life Insurance Company Limited, effective from 30th June 2024.
1) Hitesh Kumar Sethia
2) M S Ramachandran
3) Ravi Kumar Jha
4) P Santhosh
5) Sandeep Batra
Answer-5) Sandeep Batra
Explanation:
The Insurance Regulatory and Development Authority of India (IRDAI) has approved the appointment of Sandeep Batra, as Chairman of the Board of Directors of ICICI Prudential Life Insurance Company Limited (ICICI Prudential Life), effective from 30 June 2024.
• He will replace the incumbent M S Ramachandran, who is set to retire as Chairman of the Board on 30 June 2024, having already completed the maximum age limit of 75 years.
• Batra has been associated with ICICI Group since 2000 and has been an Executive Director on the Board of ICICI Bank since 2018.
Which bank recently (in May ‘24) got approval from the Competition Commission of India (CCI) to acquire an 11% stake in HDFC Credila Financial Services Limited?
1) KfW IPEX-bank
2) Societe Generale
3) Bank of America
4) Shinhan Bank
5) Citi Bank
Answer-4) Shinhan Bank
Explanation:
Competition Commission of India (CCI) approved the acquisition of up to approximately 11% shareholding by South Korea Based Shinhan Bank Co., Ltd. in HDFC Credila Financial Services Limited (HDFC Credila) by way of subscription to shares of HDFC Credila.
• Shinhan Bank is part of the Shinhan Financial Group, a multinational bank that has been operating in India since 1996.
The CCI has also granted approval for Matrix Pharma Private Limited to acquire 100% stake in Tianish Laboratories Private Limited.
• Mudhra Labs Private Limited, the parent company of Matrix Pharma, will make a partial investment in optionally convertible debentures to support the transaction.
The World Multiple Sclerosis Day(World MS Day) was observed across the globe on __________.
1) April 14
2) February 29
3) April 19
4) May 30
5) June 1
Answer-4) May 30
Explanation:
World Multiple Sclerosis Day(World MS)2024 was observed across the globe on 30 May to raise awareness about Multiple Sclerosis, a long-lasting (chronic) autoimmune disease of the central nervous system (brain and spinal cord), and campaign with everyone affected by MS.
• The annual observance of World MS Day is coordinated by the MS International Federation (MSIF) and its members.
• The theme for World MS Day 2024-2025 is “Diagnosis” under the campaign name “My MS Diagnosis” and the tagline is “Navigating MS Together“.
• The 1st World MS Day was observed in 2009.
Which Indian ministry has successfully hosted the 46th Antarctic Treaty Consultative Meeting (ATCM-46) and the 26th Committee on Environmental Protection (CEP-26) from 20th to 30th May 2024 in Kochi, Kerala?
1) Ministry of Tourism
2) Ministry of External Affairs
3) Ministry of Earth Sciences
4) Ministry of Science and Technology
5) Ministry of Environment, Forest and Climate Change
Answer-3) Ministry of Earth Sciences
Explanation:
India has successfully hosted the 46th Antarctic Treaty Consultative Meeting (ATCM-46) and the 26th Committee on Environmental Protection (CEP-26) from 20th to 30th May 2024 in Kochi, Kerala.
• ATCM-46 was held under the theme “Vasudhaiva Kutumbakam” (A Sanskrit phrase which means ‘one Earth, one family, one future’).
• CEP-26 focused on a wide range of challenges and contributed to implementing the Environmental Protocol in Antarctica.
• ATCM-46 and CEP-26 were hosted by the Ministry of Earth Sciences(MoES), Government of India, through the National Centre for Polar and Ocean Research (NCPOR), Goa, with support from the Antarctic Treaty Secretariat.
• During the event, a customised “MyStamp” featuring the logo of ATCM-46 was released in collaboration with India Post.
• During the event, Union Minister Kiren Rijiju announced India’s plan to set up an Antarctic research station, Maitri-II.Click here to read more
In May 2024, the Reserve Bank of India (RBI) moved 100 Metric Tonnes (MT) or 1 lakh kg of gold stored in the __________ (country)to domestic vaults in FY24.
1) Germany
2) United States of America
3) United Kingdom
4) Switzerland
5) France
Answer-3) United Kingdom
Explanation:
i.The Reserve Bank of India (RBI) has moved 100 Metric Tonnes (MT) or 1 Lakh kg of gold stored in the United Kingdom (UK) to domestic vaults in FY24, which marks a significant shift in gold storage.
• It marks the first time since 1991 that India has moved such a heavy scale of gold.
• More than half of the RBI’s gold holdings are kept in safe custody with the Bank of International Settlements (BIS) and the Bank of England (BoE).
• India’s overall gold holdings increased 27.46 MT in FY24 and it stands at 822.1 MT of which 413.8 tonnes stored overseas as of March 2024.
ii.TheReserve Bank of India (RBI) has imposed a monetary penalty of Rs 88.70 lakh on SBM Bank (India), a subsidiary of the State Bank of Mauritius (SBM) for non-compliance with certain regulatory norms.
Which company has recently (in May ‘24) launched its finance app in beta version for daily finances and digital banking?
1) Tata Motors Finance
2) Muthoot Finance Limited
3) Piramal Capital and Housing Finance
4) Jio Financial Services
5) Aditya Birla Finance Limited
Answer-4) Jio Financial Services
Explanation:
Jio Financial Services, the financial services arm of Reliance Industries Limited (RIL), launched its JioFinance app in beta mode, to offer a cutting-edge platform for daily finances and digital banking. This app integrates digital banking, Unified Payments Interface (UPI) transactions, bill settlements, and insurance advisory.
• It also offers a consolidated view of accounts and savings, all within an intuitive and user-friendly interface.
In May 2024, Moody’s Ratings projected India’s Gross Domestic Product (GDP) to grow by 6.8% in 2024 and __________ in 2025.
1) 6.2%
2) 6.5%
3) 6.4%
4) 6.3%
5) 6.8%
Answer-2) 6.5%
Explanation:
Moody’s Ratings’ Global Macro Outlook 2024-25 (May 2024 update) has projected India’s Gross Domestic Product (GDP) to grow by 6.8% in 2024 followed by 6.5% in 2025, attributing to strong economic expansion and post-election policy continuity.
• Moody’s anticipates that Indian economy should register 6-7% annual real GDP growth.
• India’s real GDP surged to 7.7% in 2023 (up from 6.5% in 2022), driven by robust government capital spending and manufacturing activity.
• Despite sporadic food price pressures, inflation eases to 4.8% (headline) and 3.2% (core) in April 2024.
In May 2024, Adani International Ports Holdings Private Limited (AIPH) signed a 30-year concession agreement to operate and manage Container Terminal 2 (CT2) at Dar es Salaam Port in ____________.
1) Mauritius
2) Iran
3) Myanmar
4) Tanzania
5) Sri Lanka
Answer-4) Tanzania
Explanation:
Adani International Ports Holdings Private Limited (AIPH) has signed a 30-year concession agreement with the Tanzania Ports Authority (TPA) to operate and manage Container Terminal 2 (CT2) at Dar es Salaam Port, Tanzania.
• Dar es Salaam Port is a gateway port with a well connected network of roadways and railways.
• With four berths, the CT2 can handle 1 million Twenty-foot Equivalent Unit (TEU) of cargo annually and it handled 0.82 million TEU of containers in 2023, estimated to be 83% of Tanzania’s total container volumes.
Which company has recently(in May ‘24) increased its stake in PI Industries Limited from 4.95% to 5.00%?
1) Adani Group
2) Reliance Industries Limited
3) Life Insurance Corporation of India
4) Larsen & Toubro
5) Vedanta Limited
Answer-3) Life Insurance Corporation of India
Explanation:
Life Insurance Corporation of India (LIC) of India has increased its stake in an agrochemical firm PI Industries Limited from 4.95% (75,19,910) to 5.00% (75,91,910)equity shares of the paid capital.
• The investment holding was increased with a share price at Rs 3,551.15 per share.
• The LIC was trading at Rs. 1012.70 (as of May 31 2024) which is 2.01% higher as compared to the previous closing price of Rs. 992.75.
Name the multi-mission communication satellite that has recently (in May ‘24) launched at the Xichang Satellite Launch Center in China using a Long March-3B carrier rocket.
1) XPOSAT
2) PakSat-MM1
3) Pars-1
4) Mahda
5) LignoSat
Answer-2) PakSat-MM1
Explanation:
On 30th May 2024, China successfully launched Pakistan’s multi-mission communication satellite, named PakSAT-MM1, from the Xichang Satellite Launch Center in China’s southwestern province of Sichuan using a Long March-3B carrier rocket.
• PakSAT-MM1, a part of Pakistan’s National Space Programme 2047, aims to enhance internet services across Pakistan.
• The satellite is set to start providing services in August 2024.
• PakSAT-MM1 was developed by China Academy of Space Technology (CAST), a subsidiary of China Aerospace Science and Technology Corporation (CASC).
• This is a collaborative effort between Space and Upper Atmosphere Research Commission (SUPARCO), Pakistan’s Space agency, and the Chinese aerospace industry.
In May 2024, the Boxing Federation of India (BFI) became a member of ________.
1) Indian Olympic Association
2) International Boxing Association
3) World Boxing
4) National Sports Federation of India
5) World Athletics
Answer-3) World Boxing
Explanation:
The Boxing Federation of India (BFI) has parted ways with the suspended International Boxing Association (IBA) and became a member of World Boxing with the aim to reduce the threat to boxing’s Olympic future.
• The decision was taken after the International Olympic Committee (IOC) warned the national federation to leave boxing out of the 2028 Los Angeles Olympics if they continued to be a part of the International Boxing Association (IBA).
• The IOC had de-recognised the IBA in 2019 due to continuous financial, sports integrity, and governance issues.
When was the United Nations (UN)’s Global Day of Parents observed across the globe?
1) April 25
2) June 1
3) April 12
4) March 18
5) June 4
Answer-2) June 1
Explanation:
The United Nations (UN)’s Global Day of Parents 2024 was observed across the globe on 1st June, to honor and appreciate all parents throughout the world for their selfless commitment to children and acknowledge their lifelong sacrifice in nurturing their relationship.
• The Global Day of Parents recognizes the primary responsibility of the family for the nurturing and protection of children.
• The theme of Global Day of Parents 2024 is “The Promise of Playful Parenting”.
• The first-ever Global Day of Parents was observed on 1st June 2013.
The Reserve Bank of India’s (RBI) Annual Report 2023–24 has projected India’s GDP growth for 2024–25 at 7%.
As per the RBI Annual Report 2023–24, its income was ____________ for FY24.
1) Rs 1,85,142.18 crore
2) Rs 2,75,572.32 crore
3) Rs 1,62,032.08 crore
4) Rs 2,10,874 crore
5) Rs 1,48,037.04 crore
Answer-2) Rs 2,75,572.32 crore
Explanation:
The Reserve Bank of India’s (RBI) Annual Report 2023-24 has been released and presented to the Central Government under the Section 53 (2) of the Reserve Bank of India Act,1934.
• RBI in its Annual Report has showed that the Indian economy is likely to grow at 7 percent for 2024-25. This will be the third successive year of 7 per cent or above growth.
• The RBI Annual report indicated a 17% increase in FY24 income to Rs 2,75,572.32 crore.Expenditure on the other hand, declined by 56.3% to Rs.64,694.33 crore from ₹1,48,037.04 crore in FY2023.
• RBI’s Annual report showed a rise in the net income of 2.11 lakh crore (17 percent) in the financial year 2024 as compared to Rs 87,420 crore in FY23.
• RBI allowed persons resident outside India (PROIs) to open rupee accounts as part of its 2024-25 agenda for globalising the domestic currency. This will allow Indian banks to lend in rupees to the PROIs. Click here to read more
Which company/ organisation has recently (in June ‘24) signed a MoU with the Indian National Centre for Ocean Information Services (INCOIS) for Coastal Community Empowerment?
1) Shakti Sustainable Energy Foundation
2) Bharat Heavy Electricals Limited
3) Reliance Foundation
4) Tata Sons
5) Indian Space Research Organisation
Answer-3) Reliance Foundation
Explanation:
The Reliance Foundation and the Hyderabad (Telangana) – based Indian National Centre for Ocean Information Services (INCOIS), an autonomous body under the Ministry of Earth Sciences (MoES), Government of India (GoI), have signed a Memorandum of Understanding (MoU) to empower the inhabitants of coastal areas.
• Reliance Foundation and INCOIS will work to leverage ocean data, enhancing climate resilience and disaster mitigation under this collaboration.
• Reliance Foundation aims to reach nearly 25% of active marine fishermen families in India, primarily in eight states.
In June 2024, the Department of Telecommunications (DoT) has introduced __________ for making service and transactional voice calls.
1) 180 series
2) 150 series
3) 120 series
4) 160 series
5) 140 series
Answer-4) 160 series
Explanation:
The Department of Telecommunications (DoT) has introduced 160 series for making service and transactional voice calls.
• It aims to help Indian citizens easily identify legitimate calls and reduce unsolicited calls from telemarketers using the 10 digit mobile numbers.
• This 160 series will replace the 140 series, which is currently used by telemarketers for making promotional, service, and transactional calls, but the 140 series will continue to be used for promotional calls.
Which organisation has recently (in June’24) released a report titled “Climate Finance Provided and Mobilised by Developed Countries in 2013-2022” which stated that developed countries provided and mobilised USD 115.9 billion as climate finance for developing countries in 2022?
1) Organization for Economic Cooperation and Development
2) International Labour Organization
3) United Nations Conference on Trade and Development
4) Small Industries Development Bank of India
5) United Nations Framework Convention on Climate Change
Answer-1) Organization for Economic Cooperation and Development
Explanation:
According to the Organization for Economic Cooperation and Development’s (OECD) report, Climate Finance Provided and Mobilised by Developed Countries in 2013-2022, developed countries provided and mobilised USD 115.9 billion as climate finance for developing countries in 2022.
• This exceeds the annual USD 100 billion goals for the 1st time, surpassing the target by over 15%
• This report is the OECD’s 7th assessment of progress towards the United Nations Framework Convention on Climate Change (UNFCCC) goal, agreed in 2009.
• Public climate finance contributed USD 91.6 billion in 2022.
• Bilateral sources contributed USD 41 billion and multilateral sources provided USD 50.6 billion in 2022.
• Private finance mobilised by public climate finance, reached USD 21.9 billion in 2022, showing a USD 7.5 billion (52%) increase.
Which bank/association has recently (in June ‘24) launched a website named ‘Bank Clinic‘ to guide retail customers about their rights and remedies?
1) Indian Banks’ Association
2) State Bank of India
3) Indian Overseas Bank
4) All India Bank Employees Association
5) Indian Bank
Answer-4) All India Bank Employees Association
Explanation:
All India Bank Employees’ Association (AIBEA), the oldest and largest trade union of bank employees, launched a ‘Bank Clinic‘, an exclusive website, in Mumbai, Maharashtra. It is a complaint redressal platform to guide retail customers about their rights and remedies.
• This website is dedicated to promoting financial literacy. It provides customers with information, knowledge, and guidance on policies governing services.
Which country has topped the Foreign Direct Investment (FDI) to India with USD 11.77 billion in FY24 (2023–24) as per the Department for Promotion of Industry, and Internal Trade (DPIIT) data?
1) Japan
2) United States of America
3) Mauritius
4) Singapore
5) Netherlands
Answer-4) Singapore
Explanation:
According to the latest data released by Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India (GoI), India received the highest Foreign Direct Investment (FDI) from Singapore in FY24 (2023-24) despite FDI equity inflows into the country decreased by about 3.5% in FY24, from USD 46.03 billion (FY23)to USD 44.42 billion(FY24) due to global economic uncertainties.
• Though Singapore emerged as the biggest investor in India, FDI from Singapore decreased by around 32% to USD 11.77 billion in FY24.
• Mauritius emerged as the 2nd biggest investor in India, with investment of USD 7.97 billion in FY24, followed by United States of America (U.S.A.)(USD 4.99 billion), Netherlands (USD 4.93 billion), Japan (USD 3.17 billion), the United Arab Emirates (UAE) (USD 2.9 billion), Germany (USD 505 million), and Cayman Islands (USD 342 million).
• India received the highest ever FDI inflows of USD 84.83 billion in FY22 (2021-22).Click here to read more
According to the Bloomberg Billionaires Index (as of 1st June 2024), ___________ has reclaimed the title of Asia’s richest person with a net worth of USD 111 billion.
1) Cyrus Poonawalla
2) Bernard Arnault
3) Mukesh Ambani
4) Gautam Adani
5) Shiv Nadar
Answer-4) Gautam Adani
Explanation:
According to the Bloomberg Billionaires Index, Gautam Adani, the Founder and Chairman of the Adani Group is now ranked the 11th richest globally, with a net worth of USD 111 billion. With this, he has reclaimed the title of Asia’s richest person after a surge in the stock prices of his conglomerate’s companies.
• This surge enabled him to overtake Mukesh Ambani, Chairman and Managing Director (CMD) of Reliance Industries Limited (RIL), who ranked 12th with a net worth of USD 109 billion.
• According to the index, Bernard Arnault of France ranked 1st, followed by Elon Musk (2nd) and Jeff Bezos (3rd) of the United States (US).
Name the Indian diplomat who has recently (in June‘24) retired from service after serving as India’s Permanent Representative (PR) to the United Nations (UN) in New York, the United States of America (USA), from August 2022 to June 2024.
1) Arindam Bagchi
2) Gita Sabharwal
3) Ruchira Kamboj
4) Narpat Singh
5) Kamal Kishore
Answer-3) Ruchira Kamboj
Explanation:
On 1st June 2024, Ambassador Ruchira Kamboj, India’s first Woman Permanent Representative(PR) to the United Nations (UN), retired after over 35 years of distinguished service.
• She served as India’s PR to the UN in New York,the United States of America(USA) from August 2022 to June 2024.
• Ruchira Kamboj is an Indian Foreign Service (IFS) Officer of the 1987 batch. She started her diplomatic career as the 3rd Secretary in India’s Embassy to France(1989 to 1991).
• She has served as the Deputy Head of the Office of the Secretary-General at the Commonwealth Secretariat in London(the United Kingdom) and as India’s Chief of Protocol from 2011 to 2014. She was the first and only woman to hold this position.
Who has been recently( in June ‘24) elected as the 7th President of Iceland?
1) Guðni Thorlacius Jóhannesson
2) Asif Ali Zardari
3) Mohammed Ishaq Dar
4) Michael D. Higgins
5) Halla Tomasdottir
Answer-5) Halla Tomasdottir
Explanation:
Icelandic businessperson, Halla Tómasdóttir, an Independent Candidate, has became the 7th President of Iceland by winning the 2024 presidential election with 34.3% of the votes. Halla Tomasdottir take over as President of Iceland on 1st August 2024.
• She will succeed Guðni Thorlacius Jóhannesson, who has been serving as the 6th President of Iceland since 2016.
• She will become the 2nd Woman President of Iceland after Vigdis Finnbogadottir, who was the first woman in the world to be democratically elected as president in 1980.
Name the Indian cricketer who announced his retirement from all forms of cricket on 1st June 2024 after playing for India for 20 years.
1) Ravichandran Ashwin
2) Mahendra Singh Dhoni
3) Dinesh Karthik
4) Yuzvendra Chahal
5) Wriddhiman Saha
Answer-3) Dinesh Karthik
Explanation:
India wicketkeeper-batter Dinesh Karthik officially announced his retirement from all forms of cricket on June 1,2024 after playing for India for 20 years.
• The Tamil Nadu cricketer has represented India in 180 games across three formats in which he scored 3463 runs with a lone Test hundred and 17 half-centuries. He also has 172 dismissals in his name along with a total of 151 catches and 21 stumpings.
• Karthik scored 1,752 runs and nine half-centuries in 94 ODI matches. In Tests, he achieved a score of 1,025 runs in 26 Tests. In T20Is, he scored 686 runs in 60 games.
When was International Sex Workers’ Day annually observed across the globe to recognize the exploited working conditions of sex workers?
1) March 1
2) April 4
3) June 2
4) March 4
5) February 4
Answer-3) June 2
Explanation:
International Sex Workers’ Day, also known as International Whores’ Day is annually observed across the globe on 2 June to recognise and honour sex workers globally and raise awareness about the issues sex workers face and about their exploited working conditions.
• Each year, International Sex Workers’ Day is commemorated by the Global Network of Sex Work Projects (NSWP), focusing on the theme, “Access to Justice.”
• Since 1975, the 2nd June of every year is commemorated as the International Sex Workers’ Day in Europe and worldwide.Click here to read more
In May 2024, the Department of School Education & Literacy (DoSE&L) under the Ministry of Education signed an MoU with __________ to create an institutional framework for the Digital Library Platform ‘Rashtriya e-Pustakalaya’.
1) All India Council of Technical Education
2) Sahitya Akademi
3) National Book Trust
4) University Grants Commission
5) National Programme on Technology Enhanced Learning
Answer-3) National Book Trust
Explanation:
The Department of School Education & Literacy (DoSE&L), Ministry of Education (MoE), Government of India (GoI) has signed a Memorandum of understanding (MoU) with the National Book Trust (NBT) to create an institutional framework for Rashtriya e-Pustakalaya, a Digital Library Platform.
• This collaboration aims to enhance the accessibility of non-academic books for children and adolescents across India.
• The Rashtriya E-Pustakalaya aims to resolve the ‘last mile’ accessibility issue for many states by offering over 10,000 books in more than 100 languages within the next 2-3 years.
Which central university has recently (in May ‘24) signed three MoUs with Nokia, Plasser India, and Jacobs to strengthen the partnership between industry and academia?
1) Central University of South Bihar
2) Central University of Punjab
3) University of Delhi
4) Gati Shakti Vishwavidyalaya
5) Central University of Kerala
Answer-4) Gati Shakti Vishwavidyalaya
Explanation:
Gati Shakti Vishwavidyalaya (GSV) has signed three Memorandum of Understanding (MoUs) with Nokia Corporation, Plasser (India) Private Limited, and Jacobs Solutions Inc. to strengthen the partnership between industry and academia.
• The MoU with Nokia will focus on collaboration with research in the domain of 5G/6G communications targeting air, land and sea transportation use cases including Standards development, Smart Factory/Automation, AI/ Generative Artificial Intelligence (GenAI) Labs.
• Under this MoU, Plasser and GSV will collaborate in the field of research, teaching, and training of students to deepen their understanding on topics related to rail sector.
• The MoU with Jacobs will enhance advancement in the field of research, teaching, and training activities pertaining to the transport, rail and semiconductor sectors.
Which institute has recently (in May ‘24) received the Nelson Mandela Award for Health Promotion for 2024 from the World Health Organization (WHO) during the 77th World Health Assembly (WHA) held in Geneva, Switzerland?
1) Armed Forces Medical College, Pune
2) National Institute of Mental Health and Neuro Sciences, Bengaluru
3) Central Council for Research in Ayurvedic Sciences, New Delhi
4) All India Institute of Medical Science, New Delhi
5) Post Graduate Institute of Medical Education & Research, Chandigarh
Answer-2) National Institute of Mental Health and Neuro Sciences, Bengaluru
Explanation:
The 77th World Health Assembly(WHA 77) was held in Geneva, Switzerland from 27th May to 1st June 2024.
• The theme of 2024 WHA is “All for Health, Health for All”.
• Bengaluru(Karnataka)-based National Institute of Mental Health and Neuro Sciences (NIMHANS) bagged the Nelson Mandela Award for Health Promotion for 2024 by WHO.
• WHA 77 unanimously adopted various amendments to the International Regulations 2005 (IHR 2005) based on 300 proposals made by member states after COVID-19 Pandemic.
• India hosted a side event on Women, Children and Adolescent Health in partnership with Norway, United Nations Children’s Fund (UNICEF), United Nations Population Fund (UNFPA) and Partnership for Maternal, Newborn and Child Health (PMCH) in Geneva, Switzerland.
• WHO launched new Investment Round aiming to raise USD 7 billion of funds to support countries to tackle global challenges such as: climate change, displacement, poverty and inequality.Click here to read more
Name the personal finance mobile application that was recently (in June ‘24) launched by the Securities Exchange Board of India (SEBI) for investors.
1) e-AMRIT
2) Samman
3) C- CARES
4) Sankalan
5) Saarthi 2.0
Answer- 5) Saarthi 2.0
Explanation:
On 3rd June 2024, The Securities Exchange Board of India (SEBI) launched the “Saa₹thi” (SAARTHI) 2.0” mobile application on personal finance for investors. The app introduced a user-friendly interface with comprehensive tools which aims to simplify complex financial concepts.
• The app includes financial calculators and has modules that explain Know Your Customer (KYC) procedures, mutual funds, and Exchange Traded Funds (ETFs).
i.SEBI has imposed a penalty of Rs 2.5 lakh on Samco Securities Limited, a SEBI-registered Stock Broker, for alleged discrepancies found in the customer onboarding process and not submitting data to the SEBI’s inspection team.
ii. Around 24 online bond platforms formed an association named, the Online Bond Platform Providers (OBPP) Association of India, to represent the industry, promote retail participation in the domestic debt markets and interact with regulators.Aditi Mittal, Co-founder and Director, IndiaBonds, was appointed as the Chairman of the OBPP Association.
In May 2024, Adani One and ___________ jointly launched India’s 1st co-branded credit cards with airport-linked benefits in collaboration with the card network Visa.
1) HDFC Bank
2) Axis Bank
3) ICICI Bank
4) IndusInd Bank
5) Bank of Baroda
Answer-3) ICICI Bank
Explanation:
Adani One and ICICI Bank jointly launched India’s 1st co-branded credit cards with airport-linked benefits in collaboration with a card network Visa. The cards will be available in 2 variants, Adani One ICICI Bank Signature Credit Card and Adani One ICICI Bank Platinum Credit Card.
• This collaboration aims to offer customers rewards and benefits across the consumer network of the Adani Group while strengthening ICICI Bank’s credit card portfolio.
• Benefits include premium lounge access, free air tickets, the Pranaam Meet & Greet service, discounts at duty-free outlets and airports, free movie tickets, and rewards on groceries, etc.
• The cards also offer benefits such as buy one, get one on movie tickets, and a 1% fuel surcharge waiver, etc.
Which organisation has recently (in June ‘24) cancelled the auction of 10-year green bonds as traders refused to pay the ‘greenium’, the premium for sustainability impact?
1) Securities and Exchange Board of India
2) Insurance Regulatory and Development Authority of India
3) World Bank
4) Reserve Bank of India
5) International Monetary Fund
Answer-4) Reserve Bank of India
Explanation:
The Reserve Bank of India (RBI) cancelled the planned auction of 10-year green bonds, as traders refused to pay the ‘greenium’. The cancellation to the absence of a “greenium,” indicates investors’ reluctance to accept lower yields.
i.The cancellation of the green bond sale for 2024-25 marks the 1st instance of such an auction since the inception of green bond sales in January 2023.
ii.The government plans to issue green bonds worth Rs 12,000 crore in the first half of the current financial year (2024-2025), diverging from the usual practice of issuing bonds in the 2nd half.
Name the satellite that was recently (in May ‘24) launched by the European Space Agency to study the role of clouds and aerosols in Earth’s climate.
1) PACE
2) Axiom 3
3) TSAT-1A
4) EarthCARE
5) PREFIRE
Answer-4) EarthCARE
Explanation:
On 29th May 2024, The European Space Agency (ESA) launched EarthCARE (Earth Cloud Aerosol and Radiation Explorer) satellite onboard SpaceX’s Falcon 9 rocket from the Vandenberg Space Force Base in California, the United States of America (USA).
• EarthCARE, a joint venture between ESA and the Japan Aerospace Exploration Agency (JAXA), will study how clouds and aerosols affect Earth’s climate.
• It was designed and built by a consortium of more than 75 companies under Airbus as the prime contractor.
• EarthCARE is designed to examine the role clouds and aerosols in reflecting incident solar radiation back out to space and trapping infrared radiation emitted from Earth’s surface. This data is crucial for understanding and mitigating climate change.
Name the new ant species that has been recently (in June ‘24) discovered in Arunachal Pradesh’s Siang Valley.
1) Batillipes Chandrayaani
2) Ablennes gracali
3) Paraparatrechina neela
4) Peucetia chhaparajnirvin
5) Pantoea Tagorei
Answer-3) Paraparatrechina neela
Explanation:
Researchers have discovered a new ant species named Paraparatrechina neela in Arunachal Pradesh’s remote Siang Valley. The name neela, which signifies the colour blue in most Indian languages, was derived from its unique blue colouration. It is easily distinguishable from all known species of Paraparatrechina by its metallic-blue body.
• This discovery marks the 1st new species of Paraparatrechina in 121 years.
• The findings of the new species were published in the peer-reviewed journal ZooKeys.
• Paraparatrechina is a genus of small ants, measuring 1–2 millimeters (mm) long, in the subfamily Formicinae.
• P. neela has an opaque, metallic blue body with exceptions in antennae, mandibles, and legs.
Who has been recently (in June ‘24) elected as the first woman President of the United Mexican States(Mexico)?
1) Andrés Manuel López Obrador
2) Zuzana Caputov
3) Nadia Calviño Santamaría
4) Mette Frederiksen
5) Claudia Sheinbaum
Answer-5) Claudia Sheinbaum
Explanation:
On 3rd June 2024, Claudia Sheinbaum Pardo of the Morena party, has been elected as the first Female President of the United Mexican States (Mexico). She will succeed her political mentor, Andrés Manuel López Obrador, who has been serving as President of Mexico since 2018.
• She will officially sworn-in as the President of Mexico for a 6-year term on 1st October 2024.
• She will also become the 1st person of Jewish heritage to become the Head of State of Mexico.
• Sheinbaum is also the 1st woman to win a general election in the United States of America(USA), Mexico or Canada.
Name the China National Space Administration’s (CNSA) lunar probe that has recently (in June ‘24) made a soft landing on the moon’s far side to collect and return samples.
1) INSAT-3DS
2) Peregrine Mission One
3) Chang’e-6
4) Odysseus(Nova-C)
5) Luna 1
Answer-3) Chang’e-6
Explanation:
On 2nd June 2024, the China National Space Administration’s (CNSA) Chang’e-6 lunar probe made a soft landing on the moon’s far side to collect and return samples from the rarely explored far side of the moon, a first of its kind in human lunar exploration history.
• Chang’e-6 with the support of the Queqiao-2 relay satellite landed in the South Pole-Aitken (SPA) Basin, specifically the Apollo Basin crater.
• China is the only country to achieve a soft landing on the far side of the moon and Chang’e 6 is a robotic, not crewed, mission.
• On 4 June 2024, the ascender of the Chang’e-6 probe successfully lifted off from the lunar surface, carrying rock and soil samples collected from the moon’s far side.
• A Chinese national flag was unfolded on the far side of the moon for the 1st time after sampling.Click here to read more
In June 2024, the Ministry of Health and Family Welfare (MoHFW) signed a Memorandum of Understanding (MoU) with __________ to set up a special Tele MANAS cell for the armed forces.
1) Indian Army
2) Armed Forces Medical Services
3) Ministry of Defence
4) Defence Research and Development Organisation
5) Central Armed Police Forces
Answer-3) Ministry of Defence
Explanation:
The Ministry of Health and Family Welfare (MoHFW) signed a Memorandum of Understanding (MoU) with the Ministry of Defence (MoD) to facilitate collaboration in operating a special Tele Mental Health Assistance and Networking Across States (Tele-MANAS) Cell.
• Tele MANAS Cell, the National Telemental Health Helpline of MoHFW, is a pilot project for a period of two years at the Armed Forces Medical College (AFMC) in Pune (Maharashtra).
• Tele MANAS is the digital extension of the District Mental Health Programme (DMHP), offering comprehensive, integrated, and inclusive 24/7 tele-mental health services.
• This initiative provides toll-free number, 14416, in each State and Union Territory (UT) for easy access to mental health support.
Who was appointed as the Chairperson of the Gender Sensitisation and Internal Complaints Committee (GSICC) that has been recently (in June’24) reconstituted by the Supreme Court of India (SC)?
1) Justice Anirudhha Bose
2) Justice Hima Kohli
3) Justice Sheel Nagu
4) Justice Ajay Manikrao Khanwilkar
5) Justice Ritu Raj Awasthi
Answer-2) Justice Hima Kohli
Explanation:
On May 31 2024, The Supreme Court of India (SC) re-constituted the Gender Sensitisation and Internal Complaints Committee (GSICC). Justice Hima Kohli has been appointed as Chairperson to head the committee.
• The committee comprises a total of 12 members from various fields.
• The appointments have been made by the chief Justice of India (CJI) Dr. DY Chandrachud in exercise of powers conferred by Clause 4(2) of the Gender Sensitisation & Sexual Harassment of Women at the SC of India (Prevention, Prohibition & Redressal) Regulations, 2013. Click here to read more
Which institute has recently (in June’24) signed a Memorandum of Understanding (MoU) with Armed Forces Medical Services (AFMS) to collaborate on research and training?
1) IIT Delhi
2) IIT Madras
3) IIT Bombay
4) IIT Jodhpur
5) IIT Hyderabad
Answer-5) IIT Hyderabad
Explanation:
The Armed Forces Medical Services (AFMS) have signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology (IIT) Hyderabad to collaborate on research and training.
• The MoU aims to foster innovation and research in developing novel medical devices and addressing health issues specific to soldiers serving in varied terrains.
• IIT Hyderabad, with its departments of Biotechnology, Biomedical Engineering, and Bioinformatics, will provide the necessary technical expertise to tackle the diverse medical challenges faced by the Armed Forces.
According to the Quacquarelli Symonds (QS) World University Ranking 2025, two Indian institutes, IIT Mumbai and IIT Delhi, are ranked 118th and 50th, respectively.
Which university has topped the QS World University Rankings 2025?
1) Princeton University
2) Linköping University
3) Massachusetts Institute of Technology
4) Harvard University
5) University of Manitoba..
Answer-3) Massachusetts Institute of Technology
Explanation:
According to the Quacquarelli Symonds (QS) World University Rankings 2025, the Indian Institute of Technology(IIT) Bombay, Mumbai (Maharashtra) and IIT Delhi, New Delhi (Delhi) are the only two Indian Institutes featured among the top 150 Universities on the ranking.
• IIT-Bombay has retained its position as the best higher education Institute in India, with global ranking of 118th in the list. IIT Delhi has improved its rank from 197th (in 2024) to 150th position (in 2025).
• Massachusetts Institute of Technology (MIT), Cambridge, the United States of America (USA) has topped the list globally for the 13th time (2012 and from 2014 to 2025).
• MIT is followed by Imperial College London, the United Kingdom (UK) at the 2nd position and The University of Oxford (UK) and Harvard University (USA) at 3rd and 4th position respectively.
• Delhi based Guru Gobind Singh Indraprastha University (GGSIPU), formerly known as Indraprastha University (IP university or IPU), has bagged the prestigious “Rising Star” award from the QS World Ranking.
India participated in the World Summit on the Information Society (WSIS +20) Forum High-Level Event 2024 and the “AI for Good” Global Summit, held in _____________ from 27th to 31st May 2024.
1) Davos, Switzerland
2) Geneva, Switzerland
3) Kampala, Uganda
4) Dubai, the United Arab Emirates
5) Paris, France.
Answer-2) Geneva, Switzerland
Explanation:
i.India participated in the World Summit on the Information Society (WSIS +20) Forum High-Level Event 2024 held in Geneva, Switzerland from 27th to 31st May 2024.
• This marks the 20 years of progress made in the implementation of the outcomes of the WSIS.
ii. India also participated in the “AI for Good” Global Summit held at the International Conference Center Geneva (CICG), Geneva, Switzerland from 30th to 31st May 2024.
• The summit was organised by ITU in partnership with 40 UN sister agencies and co-convened with the government of Switzerland.
• During the Summit, India officially took over the baton of hosting the World Telecommunication Standardization Assembly 2024 (WTSA-24) in New Delhi, Delhi from 15th to 24th October 2024.Click here to read more
According to the International Labour Organisation’s (ILO), ‘World Employment and Social Outlook: May 2024 Update’, global unemployment is projected at _______ in 2024.
1) 5.8%
2) 6.2%
3) 4.9%
4) 6.7%
5) 5.1%
Answer-3) 4.9%
Explanation:
According to the International Labour Organization’s (ILO), World Employment and Social Outlook: May 2024 Update, the global unemployment is projected at 4.9% in 2024, slightly lower than the 5.0% in 2023, contrary to the prior projection (World Employment and Social Outlook Trends 2024 report) of 5.2%.
• The downward trend in joblessness is anticipated to stabilise in 2025, with unemployment persisting at 4.9%.
• The ‘jobs gap‘ in 2024 is estimated at 402 million individuals, encompassing 183 million classified as unemployed.
• Informal employment has risen from 1.7 billion in 2005 to 2.0 billion in 2024, slowing progress towards Sustainable Development Goals (SDGs).
• Globally, only 45.6% of working-age women are employed in 2024, compared to 69.2% of men.
Which Bank has recently (in June’24) signed a MoU with India Infrastructure Finance Company Ltd (IIFCL) to offer long-term financial assistance to viable infrastructure projects?
1) State Bank of India
2) Punjab National Bank
3) Punjab & Sind Bank
4) Union Bank of India
5) Bank of Baroda
Answer-2) Punjab National Bank
Explanation:
Punjab National Bank (PNB) and India Infrastructure Finance Company Ltd (IIFCL) signed a Memorandum of Understanding (MoU) to provide long-term financial assistance for viable infrastructure projects.
• The MoU was signed in the presence of Atul Kumar Goel, Managing Director (MD) & Chief Executive Officer (CEO of PNB, and Padmanabhan Raja Jaishankar, MD of IIFCL.
• Under this MoU, the parties can mutually participate through a consortium or multiple lending arrangements, ensuring financial support for prospective borrowers after due diligence.
Which country has become India’s third largest export destination in FY24 with an export value of about USD 22.36 billion?
1) United Arab Emirates
2) China
3) The Netherlands
4) The United States of America
5) The United Kingdom
Answer- 3) The Netherlands
Explanation:
As per the data of the Ministry of Commerce and Industry (MOCI), the Netherlands emerged as the third largest export destination in FY24 after the United States of America (USA) and the United Arab Emirates (UAE).
• India’s exports to the Netherlands increased by 3.5% to USD 22.36 billion in FY24 as compared to USD 21.61 billion in FY23.
• In FY24, the bilateral trade between India and the Netherlands fell slightly to USD 27.34 billion, compared to USD 27.58 billion in FY23.
• India’s trade surplus with the Netherlands has increased to USD 17.4 billion in FY24 from USD 13 billion in FY23.
• During FY24, India received about USD 5 billion in Foreign Direct Investment (FDI) from the Netherlands.
Who has been recently (in June ‘24) appointed as the Crown Prince of Kuwait by Sheikh Meshal Al-Ahmad Al-Sabah, the Emir of Kuwait?
1) Sheikh Sabah Khaled Al-Hamad Al-Mubarak Al-Sabah
2) Abdel Fattah Al-Sisi
3) Sheikh Ahmad Abdullah Al- Ahmad Al- Sabah
4) Sultan Ibrahim ibni Almarhum Sultan Iskandar
5) Salman bin Abdulaziz Al Saud
Answer-1) Sheikh Sabah Khaled Al-Hamad Al-Mubarak Al-Sabah
Explanation:
Sheikh Sabah Khaled Al-Hamad Al-Mubarak Al-Sabah was officially sworn in as the Crown Prince of Kuwait before the Emir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah(head of state of Kuwait).
• The sworn-in ceremony was held following an Emiri order which formally nominated Sheikh Sabah as the Crown Prince of Kuwait.
• This nomination also marks the first time a Kuwaiti crown prince is named whose father had not ruled as emir.
When was the United Nations (UN) World Environment Day (WED) observed across the globe?
1) March 3
2) June 5
3) April 22
4) March 20
5) May 22
Answer-2) June 5
Explanation:
The United Nations (UN) World Environment Day (WED) is annually observed across the globe on 5 June to emphasise the critical importance of environmental protection and health.
• The WED event has been led by the United Nations Environment Programme (UNEP), the specialised UN agency on environmental issues, since 1973.
• The 2024 theme of the WED campaign is, “Land Restoration, Desertification and Drought Resilience” under the slogan “Our land. Our future. We are #GenerationRestoration.”
Host: The Kingdom of Saudi Arabia is the global host of World Environment Day 2024.
• The Republic of Korea will host WED 2025 with a focus on ending plastic pollution globally.Click here to read more
Software Technology Parks of India (STPI), an autonomous society under _____________, celebrated its 33rd Foundation Day on 6th June 2024 under the theme “Positioning Bharat as a Tech Product Nation.”
1) Ministry of Labour and Employment
2) Ministry of Skill Development and Entrepreneurship
3) Ministry of Electronics and Information Technology
4) Ministry of Science and Technology
5) Ministry of Communications
Answer-3) Ministry of Electronics and Information Technology
Explanation:
Software Technology Parks of India (STPI), an autonomous society under the Ministry of Electronics and Information Technology (MeitY), celebrated its 33rd Foundation Day on 5th June 2024 at a special event held in New Delhi, Delhi).
• The foundation day event was held under the theme “Positioning Bharat as a Tech Product Nation”.
• STPI launched two new web portals, SayujNet, a networking and resource discovery platform, and STPI-Workspace, an STPI Workspace portal.
• STPI also announced its new initiative under the brand name “Ananta
Krishnan, Secretary (MeitY) released the DeepTech Knowledge Report on “Cutting-Edge Tech Forging India a Software Product Nation”.
Name the mobile application that was launched on the occasion of World Environment Day 2024 (5th June) for monitoring the real-time Air Quality Index (AQI).
1) K-SMART
2) MPLADS e-SAKSHI
3) Saksham
4) SARATHI
5) Air-Pravah
Answer-5) Air-Pravah
Explanation:
On the occasion of World Environment Day 2024 (5th June 2024), S Krishnan, Secretary of the Ministry of Electronics and Information Technology (MeitY), inaugurated the Indigenous Air Quality Monitoring System (AQ-AIMS) during the event held in New Delhi, Delhi.
• He also launched the mobile application “Air-Pravah” for real-time Air Quality Index (AQI) monitoring.
• The AQ-AIMS and Air-Pravah were developed under MeitY-supported technologies.
The government of India (GoI) has designated Bihar’s Nagi Bird Sanctuary and Nakti Bird Sanctuary as wetlands of International Importance under the Ramsar convention, taking the total number of RAMSAR sites in India to 82.click here to read more
Which department has signed a Memorandum of Understanding (MoU) with four banks to onboard them as System for Pension Administration-Raksha (SPARSH) service centres to assist pensioners?
1) Department of Pharmaceuticals
2) Defence Accounts Department
3) Department of Posts
4) Department of Land Resources
5) Department of Revenue
Answer-2) Defence Accounts Department
Explanation:
The Defence Accounts Department (DAD) of the Ministry of Defence (MoD) has signed a Memorandum of understanding (MoU) with four banks to onboard them as System for Pension Administration – Raksha (SPARSH) service centres across 1,128 branches of these banks in India.
• The four banks were the Bank of India (BOI), Canara Bank, Central Bank of India (CBI) and Utkarsh Small Finance Bank Limited (USFBL).
• The SPARSH is a web-based system for processing pension claims and crediting the pension directly into the bank accounts of defence pensioners without any external intermediary.
In June 2024, the Securities Exchange Board of India issued a master circular to relax timelines for ____________ to make material event disclosures.
1) Stock Brokers
2) Alternative Investment Fund Managers
3) Stock Exchanges
4) Foreign Portfolio Investors
5) Investment Advisers
Answer-4) Foreign Portfolio Investors
Explanation:
On 5th June 2024, The Securities Exchange Board of India (SEBI) issued a Master Circular for Foreign Portfolio Investors(FPIs), Designated Depository Participants and Eligible Foreign Investors specifying the timelines for disclosure of material changes/events.
• To relax the timeline of material changes by FPI, SEBI (FPIs) (Amendment) Regulations 2024, was notified on 3rd June 2024, amending the SEBI (FPIs) Regulations 2019.
• SEBI categorised material changes notified by FPIs into 2 groups: Type I & Type II.
• Type I includes changes that require FPIs to seek fresh registration, or which affect any privileges or exemptions available to such foreign investors. Type 1 material changes needs to be now informed within seven days and supported documents to be provided within 30 days.
• Type II includes all other material changes and needs to be informed within 30 days with supporting documents if any.
Which country’s central bank has recently (in June ‘24) signed an agreement with NPCI International Payments Limited (NIPL) to introduce a payment system similar to UPI?
1) Peru
2) Denmark
3) Singapore
4) Egypt
5) Namibia
Answer-1) Peru
Explanation:
NPCI International Payments Limited (NIPL), the international arm of National Payments Corporation of India (NPCI), has signed an agreement with the Central Reserve Bank of Peru (BCRP- Banco Central de Reserva del Perú) to introduce Unified Payments Interface (UPI)-like real-time payments system in Peru.
• The collaboration makes Peru the first South American (SA) nation to adopt UPI technology.
• This also mark’s NIPL’s second partnership with a central bank to deploy the UPI stack in the international market.
• In May 2024, NIPL signed an agreement with the Bank of Namibia (BoN), the central bank of Namibia, to develop an instant payment system like UPI in Namibia(an African country)
Which insurance company has recently (in June ‘24) launched the new theme ‘Insure today for a safe tomorrow’ to raise awareness about the importance of insurance in safeguarding against unforeseen risks?
1) Max Life Insurance Company Limited
2) Tata AIA Life Insurance Company Limited
3) Universal Sompo General Insurance Company Limited
4) Canara HSBC Life Insurance Company Limited
5) Kotak Mahindra Life Insurance Company Limited
Answer-3) Universal Sompo General Insurance Company Limited
Explanation:
Universal Sompo General Insurance Company Limited has launched a new theme, ‘Insure today for a safe tomorrow,’ to raise awareness about the importance of insurance in safeguarding against unforeseen risks.
i.It offers a wide range of insurance products, including motor, health, personal accident, fire, and burglary insurance. It is dedicated to ensure comprehensive protection for individuals, assets, and businesses.
ii.As part of an initiative called ‘Insurance for All by 2047,’ Universal Sompo collaborated with Maruti Suzuki Insurance Broking Private Limited to spread insurance awareness in Andhra Pradesh (AP).
Which financial institution/Bank has recently (in June ‘24) estimated India’s economic growth to remain at 7% in the April-June 2024 quarter?
1) Asian Development Bank
2) DBS Bank
3) United Nations Conference on Trade and Development
4) Fitch Ratings
5) World Bank
Answer-2) DBS Bank
Explanation:
Singapore-based DBS Bank Ltd (formerly known as Development Bank of Singapore Limited) retained its projection for India’s Gross Domestic Product (GDP) at 7% for FY25 (2024-25).
• It also projected India’s GDP growth to remain at 7% for Q1 (April to June 2024) of FY25.
• GDP growth for Q4(January-March 2024) of FY24 increased to 7.8% year on year(yoy). This figure is revised from 8.6% yoy.
In June 2024, Goldman Sachs Group, Inc. raised India’s Gross Domestic Product (GDP) growth forecast for the Calendar Year (CY) 2024 by 20 basis points (bps) to ______________.
1) 6.9%
2) 6.2%
3) 6.6%
4) 7%
5) 7.3%
Answer-1) 6.9%
Explanation:
Foreign Brokerage Goldman Sachs Group, Inc., has raised India’s Gross Domestic Product (GDP) growth forecast for the Calendar Year (CY) 2024, by 20 basis points (bps) to 6.9% from the earlier projection of 6.7%.
• Goldman Sachs has projected India’s GDP growth at 6.8% for the current fiscal (FY2024-25).
• Goldman Sachs expects the Central government to meet the 2024-25 fiscal deficit target of 5.1% of GDP from a higher-than-budgeted dividend from the Reserve Bank of India (RBI).
Which organisation has recently (in May ‘24) won the United Nations World Summit on the Information Society’s (UN’s WSIS) 2024 ‘Champion’ Award at the WSIS+20 Forum in Geneva, Switzerland?
1) Software Technology Parks of India (STPI)
2) National Association of Software and Service Companies (NASSCOM)
3) Centre for Development of Telematics (C-DOT)
4) National Skill Development Corporation (NSDC)
5) Centre for Development of Advanced Computing (C-DAC)
Answer-3) Centre for Development of Telematics (C-DOT)
Explanation:
The Centre for Development of Telematics (C-DOT) has won the United Nations World Summit on the Information Society (UN’s WSIS) 2024 ‘Champion’ Award at the WSIS+20 Forum in Geneva, Switzerland.
• The award was given for the project ‘Mobile-Enabled Disaster Resilience through Cell Broadcast Emergency Alerting’ which was recognised under Artificial Intelligence (AI), Category – 7 (C-7), E-environment, in the category of ‘Benefits in all aspects of life – E-environment’.
• he WSIS+20 Forum 2024 is a High-Level Event which was conducted from 27th to 31st May 2024 by the International Telecom Union (ITU) in Geneva, Switzerland.
The AI for Good Global Summit was also organised along with WSIS, from 29th May to 31st May, 2024 at Geneva.
• C-DOT demonstrated cutting-edge telecom solutions such as an ITU-Common Alerting Protocol (CAP)- based early warning alert system and cell broadcast technology for disaster management, as well as ASTR (AI and Facial Recognition-powered Solution for Telecom SIM subscriber verification) for detecting Subscriber Identity Module (SIM) used in cyber fraud.
The United Nations (UN)’s Russian Language Day was observed across the globe on ________________ to celebrate the history, culture and development of the Russian Language.
1) April 23
2) June 6
3) April 20
4) January 10
5) May 25
Answer-2) June 6
Explanation:
The United Nations (UN)’s Russian Language Day is annually observed across the globe on 6th June to highlight the significance of the Russian language as a symbol of national identity and cultural heritage and honour the richness and beauty of the Russian language.
• The day marks the birth anniversary of the great Russian poet, novelist, and playwright Alexander Sergeevich Pushkin (1799 to 1837), the father of modern Russian literature.
• 6th June 2024 marks the 225th birth anniversary of Alexander Sergeevich Pushkin.Click here to read more
Which ministry has recently (in June ‘24) signed a MoU with the Central Tuberculosis (TB) Division of the Ministry of Health & Family Welfare (MoHFW) for Collaborative action towards the elimination of Tuberculosis in India by 2025?
1) Ministry of Women and Child Development
2) Ministry of Rural Development
3) Ministry of Mines
4) Ministry of Health and Family Welfare
5) Ministry of Labour & Employment
Answer-3) Ministry of Mines
Explanation:
The Ministry of Mines (MoM) has signed a Memorandum of Understanding (MoU) with the Central Tuberculosis (TB) Division of the Ministry of Health & Family Welfare (MoHFW) for collaborative and convergent action towards elimination of TB in India by 2025.
• This partnership aims for collaborative field actions like webinars and other awareness-building initiatives under the National TB Elimination Programme (NTEP) by engaging the Central Public Sector Enterprises (CPSEs), attached offices, subordinate offices and autonomous bodies of the MoM.
According to the United Nations (UN) assessment report titled “A World of Debt 2024: A Growing Burden to Global Prosperity,” global public debt (both domestic and external borrowing by governments) has reached _______ in 2023.
1) USD 17.5 trillion
2) USD 2443 billion
3) USD 97 trillion
4) USD 4.2 trillion
5) USD 1548 billion
Answer-3) USD 97 trillion
Explanation:
According to the United Nations (UN) assessment report, “ A World of Debt 2024: A Growing Burden to Global Prosperity,” the global public debt (both domestic and external borrowing by governments) has reached USD 97 trillion in 2023, an increase of USD 5.6 trillion compared to 2022.
• Developing countries account for 30% of the total global debt, with their debt growth rate doubling that of developed nations.
• The report was prepared by the Global Crisis Response Group technical team at the UN Trade and Development (UNCTAD), under the leadership of Secretary-General Rebeca Grynspan.
• Developing nations paid USD 847 billion in net interest in 2023, a 26% increase from 2021.
• 3.3 billion people live in countries where interest payments exceed education or health spending.Click here to read more
Which country has recently ( in May ‘24) became the 42nd country to sign the National Aeronautics and Space Administration (NASA)’s Artemis Accords for space exploration?
1) Germany
2) Switzerland
3) Sweden
4) Slovakia
5) Denmark
Answer-4) Slovakia
Explanation:
On 30th May 2024, Peru and Slovakia officially became the 41st and 42nd nation to sign the National Aeronautics and Space Administration (NASA)’s ‘Artemis Accords’
• The Artemis Accords was jointly launched by NASA and US Department of State in 2020 with an aim of advancing bilateral and multilateral space cooperation between the signatories.
• It was formally signed on 13th October 2020 by eight founding countries: Australia, Canada, Italy, Japan, Luxembourg, the United Arab Emirates (UAE), the United Kingdom (UK), and the United States of America (USA).
• On 19th April 2024, Slovenia became the 39th country to sign the Artemis Accords during a US-Slovenia strategic dialogue in Ljubljana, Slovenia.
In June 2024, India, South Korea, Japan, the United States of America (USA), and the European Union (EU) launched an alliance to put joint efforts to build a resilient supply chain in the________________sector.
1) Ministry of Micro, Small & Medium Enterprises
2) Hydrocarbon
3) Biopharmaceutical
4) Stainless steel
5) Automobile
Answer-3) Biopharmaceutical
Explanation:
India, South Korea, Japan, the United States of America (USA), and the European Union (EU) launched an alliance to put joint efforts to build a resilient supply chain in the Biopharmaceutical sector.
• The inaugural meeting of the Biopharmaceutical Alliance, took place in San Diego, California, the USA during the BIO International Convention 2024, the world’s largest Biopharmaceutical exhibition held from 3rd to 6th June 2024.
• The representatives and government officials from India, South Korea, the USA, Japan and the EU attended the inaugural meeting.
Who has recently (in June ‘24) become the first person to spend 1,000 cumulative days in space?
1) Victor Glover
2) Oleg Dmitriyevich Kononenko
3) Valentina Tereshkova
4) Christina Koch
5) Sunita Williams
Answer-2) Oleg Dmitriyevich Kononenko
Explanation:
Oleg Dmitriyevich Kononenko, a Russian Cosmonaut has become the first person to spend 1,000 Cumulative days in space. He currently works at the International Space Station (ISS).
• His current trip to the ISS began on September 15 2023, when he launched alongside National Aeronautics and Space Administration (NASA) astronaut Loral O’Hara and compatriot Nikolai Chub.
• He first took the cumulative space time record in February 2024, when he surpassed the total of 878 days, 11 hours, 29 minutes, and 48 seconds set by fellow Russian Gennady Padalka in 2015.
• If Kononenko’s mission ends as scheduled September 23 2024, he will have spent a total of 1,110 days in orbit.
Which organisation has recently (in June ‘24) introduced a framework for Financial Disincentives for Surveillance Related Lapses (FDSRL) for Market Infrastructure Institutions (MIIs) in case of surveillance-related lapses in stock markets?
1) Competition Commission of India
2) Intelligence Bureau
3) Securities and Exchange Board of India
4) Reserve Bank of India
5) Financial Intelligence Unit
Answer-3) Securities and Exchange Board of India
Explanation:
On 6th June 2024, The Securities and Exchange Board of India (SEBI) introduced a framework for Financial Disincentives For Surveillance Related Lapses (FDSRL) for Market Infrastructure Institutions (MIIs) including stock exchanges, clearing corporations and depositories in case of surveillance-related lapses in stock markets.
• The framework has a provision to impose penalty on MIIs from 1 lakh to Rs 1 crore for each instance of surveillance related lapse during the Financial Year.
• The framework will come into effect from 1st July 2024.
• The financial disincentives for surveillance –related lapses are decided based on total annual revenue of MIIs and the number of lapses in a Financial Year.
• In case of imposition of penalty, the concerned MII is required to deposit the penalty within the 15 days to the Investor Protection and Education Fund (IPEF) of SEBI.
Which fintech platform has recently (in June’24) partnered with PickMe to enable Unified Payments Interface (UPI)-based payments for Indian travellers in Sri Lanka?
1) National Payments Corporation of India
2) Google
3) Paytm Money
4) PhonePe
5) Jio Financial Services Limited
Answer-4) PhonePe
Explanation:
PhonePe, a leading Fintech firm has partnered with PickMe, Sri Lankan ride-hailing platform to enable Unified Payments Interface (UPI)-based payments for Indian travellers in Sri Lanka.
• PickMe aims to reduce stress for Indian visitors to Sri Lanka by incorporating PhonePe’s UPI-based Quick Response (QR) payment method into their platform.
• In May 2024, PhonePe also partnered with LankaPay to enable UPI payments in Sri Lanka and in April 2024, PhonePe inked a pact with the Singapore Tourism Board (STB) to enable UPI payments for Indian visitors in Singapore.
Who has been recently (in June’24) appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of PNB MetLife India Insurance Company Limited with effect from 1st July 2024?
1) Rizwan Koita
2) Sameer Bansal
3) Sanjaya Kumar Mishra
4) Sanjeev Nautiyal
5) Amit Jhingran
Answer-2) Sameer Bansal
Explanation:
PNB MetLife India Insurance Company Limited, a private life insurer has appointed Sameer Bansal as its Managing Director (MD) and Chief Executive Officer (CEO). He will take charge of the post with effect from July 1 2024.
• He succeeds Ashish Srivastava, who has been appointed as MD for New York based MetLife Inc.’s Global Shared Services team in India.
Name the new satellite mission that is set to be launched in 2025 by the Indian Space Research Organisation (ISRO) with the collaboration of France’s CNES (Centre national d’études spatiales).
1) MethaneSAT
2) GSLV-F14/INSAT-3DS mission
3) PACE
4) Astrosat
5) TRISHNA
Answer-5) TRISHNA
Explanation:
On the occasion of World Environment Day 2024 (5th June), Indian Space Research Organisation (ISRO) announced the details of Mission TRISHNA (Thermal Infra-Red Imaging Satellite for High-Resolution Natural Resource Assessment), a collaborative endeavour with CNES (Centre national d’études spatiales), French space agency.
• TRISHNA is a dedicated satellite to monitor Earth’s surface temperatures and mitigate climate change.
• The mission, set to be launched in 2025, is designed for a 5-year operational life.
• TRISHNA satellite will be equipped with the two primary payloads: Thermal Infra-Red (TIR) and Visible-Near Infra-Red-Short Wave Infra-Red (VNIR-SWIR).
Name the Indian footballer who announced his retirement from international football after the FIFA World Cup qualifier match against Kuwait on June 6, 2024.
1) Prabir Majumdar
2) Bhaichung Bhutia
3) Raghuram Iyer
4) Sunil Chhetri
5) Joseph Patrick Kinnear
Answer- 4) Sunil Chhetri
Explanation:
On 6th June 2024, Sunil Chhetri(39 years old), legendary Indian Footballer and the captain of the Indian National football Team(nicknamed “the Blue Tigers”) since 2012, retired from international football, after India’s FIFA World Cup 2026 qualifier against Kuwait.
• He ended his 19 year long career representing India with 151 appearances and 94 goals.
• With 94 international goals, Sunil Chhetri is the 4-highest goal-scorer behind Cristiano Ronaldo(128), Iran’s etired Ali Daei(108) and Lionel Messi(106).
• He holds the record as the first Indian player to play in three continents(Asia; America and Europe.
Which of the following has become the top Indian port in the World Bank’s Container Port Performance Index (CPPI) 2023, with 19th position in the ranking?
1) Pipavav Port, Gujarat
2) Visakhapatnam Container Terminal Private Limited, Andhra Pradesh
3) Vadhavan Port, Maharashtra
4) Mundra Port, Gujarat
5) Kamarajar Port, Tamil Nadu
Answer-2) Visakhapatnam Container Terminal Private Limited
Explanation:
According to the World Bank’s Container Port Performance Index (CPPI) 2023, Visakhapatnam Container Terminal Private Limited (VCTPL), a wholly-owned subsidiary of JM Baxi Ports & Logistics , in Visakhapatnam, Andhra Pradesh (AP), is the only Indian Port to be featured into the Top 20 rankings.
• VCTPL has overall secured 19th position in the CPPI rankings.
• While, Mundra Port, India’s largest Private Port (in Gujarat) was ranked at 27th position, owned by Adani Ports and Special Economic Zone Limited (APSEZ).
• As per the CPPI 2023, Yangchan Port (China) and Port of Salaah (Oman) ranked at 1st and 2nd position respectively. Both ports retained their previous rankings of 2022.
• Only 4 Indian Ports made into Top 50: VCPTL, Mundra Port, Pipavav Port in Gujarat (ranked at 41st position), and Kamarajar Port in Chennai (ranked at 47th position).Click here to read more
As per the Reserve Bank of India’s (RBI) second bi-monthly monetary policy of the Financial Year 2024-25 (FY25), India’s real Gross Domestic Product (GDP) growth projection was _____ for FY25.
1) 7.0%
2) 6.50%
3) 6.75%
4) 7.2%
5) 6.25%
Answer-4) 7.2%
Explanation:
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) met on June 5 -7, 2024 and released its second Bi-Monthly Monetary Policy of Financial Year 2024-25 (FY25) which raised India’s real Gross Domestic Product growth forecast from 7% to 7.2% for FY25.
RBI’s Policy Rates :
Category Rate
Policy Repo Rate 6.5%
Fixed Reverse Repo Rate 3.35%
Standing Deposit Facility (SDF)Rate 6.25%
Marginal Standing Facility (MSF) Rate 6.75%
Bank Rate 6.75%
Cash Reserve Ratio (CRR) 4.50%
Statutory Liquidity Ratio (SLR) 18%
• RBI has projected the real GDP for Q1 at 7.3%, Q2 at 7.2%, Q3 at 7.3% and Q4 at 7.2%.
• The repo rate under the Liquidity Adjustment Facility (LAF) was kept unchanged at 6.50% for the 8th consecutive time.
• Consumer Price Index (CPI) or retail inflation for 2024-25 is projected at 4.5 % with Q1 at 4.9%, Q2 at 3.8%, Q3 at 4.6% and Q4 at 4.5%.
• RBI’s report showed that India’s forex reserves jumped USD 4.837 billion to a new all-time high of USD 651.51 billion for the week ended May 31,2024.
• RBI has announced the inclusion of auto replenishment facility of FASTag, National Common Mobility Card (NCMC) and United Payments Interface (UPI) Lite wallet balances under the e-mandate facility.Click here to read more
Name the former Cameroon Prime Minister (PM) who was elected as the President of the 79th session of the United Nations General Assembly (UNGA).
1) Ousmane Sonko
2) Judith Suminwa Tuluka
3) Gustavo Lino Adrianzen Olaya
4) Philemon Yang
5) Dennis Francis
Answer-4) Philemon Yang
Explanation:
The United Nations General Assembly (UNGA) elected Ambassador Philemon Yang, former Prime Minister (PM) of Cameroon by acclamation, as President for its 79th session starting on 10 September 2024.
• He will succeed Ambassador Dennis Francis of Trinidad and Tobago (TT), the President of the 78th Session of the UNGA.
• The theme for the 79th session of the UNGA is “Unity in diversity, for the advancement of peace, sustainable development, and human dignity for everyone everywhere”.
• The UNGA elected Denmark, Greece, Pakistan, Panama, and Somalia as non-permanent members of the UN Security Council (UNSC) for 2-year terms starting on 1 January 2025 and serving till 31 December 2026. Click here to read more
Who has been recently (in June ‘24) assumed the additional charge of Director General (DG) of Employees’ State Insurance Corporation (ESIC)?
1) Vivek Kumar Gupta
2) Ravi Kumar Jha
3) Deepak Mohanty
4) H Venkatachalam Iyer
5) Kamal Kishore Soan
Answer-5) Kamal Kishore Soan
Explanation:
On 31st May 2024, Kamal Kishore Soan, a senior Indian Administrative Service (IAS)officer assumed the additional charge of Director General (DG) of Employees’ State Insurance Corporation (ESIC) under the Ministry of Labour and Employment, Government of India (GoI).
· He is also serving as an Additional Secretary and Director General (DG), Labour Welfare in the Ministry of Labour and Employment.
Who won the Norway Chess 2024 title by defeating GM Fabiano Caruana (USA), held from 27th May to 7th June 2024 in Stavanger, Norway?
1) Dommaraju Gukesh
2) Magnus Carlsen
3) Wei Yi
4) Ju Wenjun
5) R.Praggnanandhaa
Answer-2) Magnus Carlsen
Explanation:
Norwegian Grandmaster (GM) Magnus Carlsen (World No.1) won the 2024 Norway Chess Title beating Fabiano Caruana of the United States of America (USA) in the final round Armageddon tie-breaker. This marks Carlsen’s 6th Norway Chess Title.
· Hikaru Nakamura (USA) secured the 2nd spot with 15.5 points despite losing to Indian GM R.Praggnanandhaa, who concluded third with 14.5 points.
· Women’s World Champion Ju Wenjun (China) won the Women’s Norway Chess title defeating Lei Tingjie (China).
· The 12th edition of the Norway Chess super-tournament was held from May 27 to June 7 2024 in Stavanger, Norway.
Who has been recently (in June ‘24) won the Formula 1 (F1) Canadian Grand Prix 2024 title?
1) Charles Leclerc
2) Max Verstappen
3) Lando Norris
4) George Russell
5) Carlos Sainz Vázquez de Castro
Answer-2) Max Verstappen
Explanation:
Dutch-Belgian racing driver Max Verstappen of Red Bull won the Formula 1 (F1) Canadian Grand Prix 2043 (AWS GRAND PRIX DU CANADA 2024) title, the 9th round of the 2024 F1 championships at Circuit Gilles-Villeneuve in Montreal, Quebec, Canada.
• McLaren’s Lando Norris finished second, and Mercedes’s George Russell finished third in the Canadian Grand Prix 2023.
• It marks Verstappen’s third consecutive Canadian GP title, previously he won it in 2022 & 2023.
• The victory marks Verstappen’s 60th Formula 1 win and his sixth in nine races this season
• George Russell achieved Mercedes’s first Grand Prix podium finish for the Formula 1 season 2024.
In June 2024, Cherukuri Ramoji Rao, Chairman of Ramoji Group passed away at the age of 87.
He was awarded Padma Vibhushan in _______ for his contributions to journalism, literature, and education.
1) 2016
2) 2018
3) 2005
4) 2010
5) 2008
Answer-1) 2016
Explanation:
Cherukuri Ramoji Rao, Padma Vibhushan awardee and Chairman of Ramoji Group, passed away at 87 due to prolonged illness.
• Rao was honoured with Padma Vibhushan, the 2nd highest civilian honour of India, in 2016 for his contributions to journalism, literature, and education.
• He had received National Film Award for Best Feature Film in Telugu(Producer) for ‘Nuvve Kavali’.
• He was born on November 16, 1936, in Pedaparupudi, Madras presidency (Present day Andhra Pradesh).
When was the United Nations (UN) World Oceans Day 2024 observed across the globe with the theme “Awaken New Depths”?
1) March 22
2) June 5
3) March 14
4) May 28
5) June 8
Answer-5) June 8
Explanation:
The United Nations (UN) World Oceans Day 2024 was observed across the globe on 8 June to raise awareness about the impact of human actions on the ocean, develop a global movement for ocean conservation, and unite the world’s population for sustainable ocean management.
• World Oceans Day 2024 was hosted by the Division for Ocean Affairs and the Law of the Sea of the Office of Legal Affairs (DOALOS) of the UN, in partnership with the non-profit organisation Oceanic Global.
• World Oceans Day 2024 was celebrated under the theme “Awaken New Depths.”
• The 1st ever World Oceans Day was observed on 8 June 2009. Click here to read more
World Brain Tumor Day is annually observed across the globe on ________ since 2000 to create awareness among the general public about brain tumors.
1) April 7
2) March 3
3) June 8
4) February 4
5) May 15
Answer- 3) June 8
Explanation:
World Brain Tumor Day is annually observed across the globe on 8 June to raise awareness about brain tumours and their impact on patients and families, the significance of early detection and timely treatment, and to advocate for improved patient care.
A brain tumour is an abnormal growth of cells in the brain or around it. These growths can be benign (non-cancerous) or malignant (cancerous).
· The theme for World Brain Tumor Day 2024 is “Brain Health and Prevention“.
· The Grey Ribbon is the official symbol for Brain Tumours and Brain Cancers.Click here to read more
Name the shipbuilding company that was recently (in June ‘24) chosen to build the Defence Research and Development Organisation (DRDO) research vessel with a deal of approximately Rs 500 crore.
1) Hindustan Shipyard Limited
2) Garden Reach Shipbuilders and Engineers
3) Cochin Shipyard Limited
4) Mazagon Dock Shipbuilders Limited
5) Reliance Naval and Engineering Limited
Answer-2) Garden Reach Shipbuilders and Engineers
Explanation:
Garden Reach Shipbuilders and Engineers (GRSE), a leading Indian shipyard has set to build a new research vessel for the Defence Research and Development Organisation (DRDO) with a deal of approximately Rs 500 Crore.
· After submitting the Lowest Proposal (L1), GRSE was chosen to build the DRDO research vessel. It highlights GRSE’s competitiveness in the shipbuilding industry and its ability to deliver cost-effective solutions.
In June 2024, Narendra Modi was sworn in as the Prime Minister(PM) of India for the third consecutive term after the BJP-led National Democratic Alliance(NDA) got the majority in the __________ Lok Sabha election.
1) 19th
2) 17th
3) 20th
4) 18th
5) 16th
Answer- 4) 18th
Explanation:
On 9th June 2024, Narendra Modi(73-year-old), leader of the Bhartiya Janta Party (BJP), was sworn in as the Prime Minister(PM) of India for the third consecutive term.
· Droupadi Murmu, President of India, administered the oath of office to PM Modi, along with 71 ministers, at a grand ceremony on the forecourt of Rashtrapati Bhavan, New Delhi, Delhi.
· BJP-led National Democratic Alliance(NDA) won the 2024 Lok Sabha general election with 293 seats, a much lower margin than predicted by exit polls. The opposition won a total of 234 seats out of 543.
· The new cabinet includes 30 Cabinet Ministers, 5 Ministers of State (MoS) with independent charge and 36 Ministers of State.
· PM Narendra Modi is only the second Indian PM after Jawaharlal Nehru to retain power for a 3rd five-year term.Click here to read more
Who has recently (in June ‘24) become the Indian Navy’s 1st woman helicopter pilot?
1) Akansha Gomes
2) Vishav Vandana
3) Anamika B. Rajeev
4) Kavita Sahai
5) Sonia Anthak
Answer-3) Anamika B. Rajeev
Explanation:
Sub-Lieutenant Anamika B. Rajeev became the first woman helicopter pilot in the Indian Navy after she joined the ranks of a pilot for the Indian Navy helicopters.
· Lieutenant Jamyang Tsewang, the first Commissioned Naval Officer from the Union Territory (UT) of Ladakh, also graduated as a qualified helicopter pilot.
· Anamika and Jamyang are among 21 officers awarded the Golden Wings at the passing out parade, which took place on June 7 2024 at a naval air station Indian Navy Ship (INS) Rajali in Arakkonam, Tamil Nadu (TN).
In June 2024, India participated in ____________Foreign Ministers Meeting chaired by Russian Foreign Minister Sergey Lavrov, held in Nizhny Novgorod, Russia.
1) BRICS
2) World Economic Forum
3) Shanghai Cooperation Organization
4) Group of 77
5) Association of Southeast Asian Nations
Answer-1) BRICS
Explanation:
On 10th June 2024, India participated in BRICS (Brazil, Russia, India, China and South Africa) Foreign Ministers meeting hosted by Russia, the current chair of BRICS, in Nizhny Novgorod, Russia. The meeting was chaired by Sergey Lavrov, Foreign Minister, Russia.
· The Indian delegation at the BRICS Foreign Ministers meeting was led by Dammu Ravi, Secretary (Economic Relations), Ministry of External Affairs (MEA).
· This also mark’s India’s first Foreign policy assignment under the historic 3rd consecutive term of Prime Minister (PM) Narendra Modi.
· This is the 1st foreign ministers meeting since the expansion of BRICS in 2023.
According to the International Energy Agency’s (IEA) “World Energy Investment Report 2024,” global investment in clean energy technology and infrastructure is expected to achieve _________ in 2024.
1) USD 4 trillion
2) USD 2 trillion
3) USD 5 trillion
4) USD 6 trillion
5) USD 3 trillion
Answer-2) USD 2 trillion
Explanation:
According to the annual report “World Energy Investment Report 2024” released by the International Energy Agency (IEA), global investment in clean energy technology and infrastructure is expected to achieve USD 2 trillion in 2024 which is twice the amount going to fossil fuels.
• The report projected that total energy investment will breach the mark of USD 3 trillion for the 1st time in 2024.
• The investment in solar PV is expected to increase to USD 500 billion in2024 due to decrease in module prices which will further give boost to new investments.
• China with an estimated investment of USD 675 billion will account for the largest share of clean energy investment in 2024.Click here to read more
Who was appointed as the chairperson of the recently (in June ‘24) formed Reserve Bank of India (RBI) committee to examine the feasibility of the digital payments intelligence platform to reduce payment fraud risks?
1) M Damodaran
2) Rajeev Kher
3) Abhaya Prasad Hota
4) VSK Kaumudi
5) Vinod Kumar Paul
Answer-3) Abhaya Prasad Hota
Explanation:
The Reserve Bank of India (RBI) has formed a committee under the chairmanship of Abhaya Prasad Hota, former Managing Director (MD) and Chief Executive Officer (CEO), National Payments Corporation of India (NPCI).
· The committee is formed to examine various aspects related to the setting up a digital public infrastructure for Digital Payments Intelligence platform which is proposed by RBI.
• The proposed Digital Payments Intelligence platform will be equipped with advanced technologies that can help to reduce payment fraud risks.
Who has recently (in June 2024) sworn in as the new Chief Minister (CM) of Sikkim?
1) Prem Singh Tamang
2) Sukhvinder Singh Sukhu
3) Pema Khandu
4) Nayab Singh Saini
5) Lalduhawma
Answer-1) Prem Singh Tamang
Explanation:
On 10th June 2024, Prem Singh Tamang, President of Sikkim Krantikari Morcha (SKM), took oath as the Chief Minister (CM) of Sikkim for the second consecutive term. He has been serving as the 6th CM of Sikkim since 2019.
· Lakshman Prasad Acharya, the Governor of Sikkim administered the oath of office and secrecy to Prem Singh Tamang and his Council of Ministers during the swearing-in ceremony held at Paljor Stadium, Gangtok, Sikkim.
· Sikkim Krantikari Morcha won the 2024 Sikkim assembly elections by 31 out of the 32 seats while the opposition Sikkim Democratic Front (SDF) secured only one seat.
Name the Internet of Things (IOT)-enabled integrated generator monitoring and control system that was recently (in June ‘24) launched by the Indian Army.
1) Jugaad
2) Akashteer
3) SAMBHAV
4) Vidyut Rakshak
5) Ugram
Answer-4) Vidyut Rakshak
Explanation:
The Vice Chief of the Army Staff (VCOAS) of the Indian Army, Lieutenant General Upendra Dwivedi has launched ‘Vidyut Rakshak’ and was developed by Major Rajprasad R S of the Army Design Bureau (ADB). The launch event encompassed the roll-out of the first production units of Vidyut Rakshak.
• Vidyut Rakshak is an Internet of Things (IOT) enabled integrated generator monitoring, protection and control system.
• The Indian Army is observing 2024 as the ‘Year of Tech Absorption’, where the Vidyut Rakshak from ‘innovation to induction’ signifies the Indian Army’s commitment and efforts to leverage technology as a catalyst for transformative change.
When was International Archives Day observed across the globe to raise awareness among the public about the significance of records and archives?
1) June 5
2) May 5
3) June 9
4) April 18
5) May 24
Answer-3) June 9
Explanation:
International Archives Day (IAD) is annually observed across the globe on 9 June to raise awareness among the public about the significance of records and archives.
The date also commemorates the founding of the International Council on Archives (ICA) in 1948, under the auspices of the United Nations Educational, Scientific and Cultural Organisation (UNESCO) in Paris, France.
· 9th June 2024 marks the observance of the 76th anniversary of the ICA.
· The 1st ever IAD was observed on 9 June 2008, coinciding with the 60th Anniversary of ICA.
· 2024 marked the 6th International Archives Week (IAW) and was observed from 3-9 June 2024 under the theme “#CyberArchives”.
· Archives are the documentary by-products of human activity retained for their long-term value.
Name the launch vehicle developed by SpaceX that has recently (in June ‘24) completed its 1st full test flight returning to Earth followed by a soft splashdown of the booster in the Gulf of Mexico and the spacecraft in the Indian Ocean.
1) H-IIA
2) Sorayya
3) Falcon 9
4) Yunhai-3 02
5) Starship
Answer-5) Starship
Explanation:
Space Exploration Technologies Corporation (SpaceX)’s Starship, the world’s most powerful launch vehicle ever developed, completed its 1st full test flight returning to Earth followed by a soft splashdown of the booster in the Gulf of Mexico and the spacecraft in the Indian Ocean.
· Starship was launched on 6th June 2024 from Starbase in Texas, the United States of America (USA). This marks the fourth integrated test flight (IFT-4) of Starship.
· SpaceX’s Starship spacecraft and Super Heavy rocket are collectively referred to as “Starship”.
Starship represents a fully reusable transportation system designed to carry both crew and cargo
International Level Crossing Awareness Day is annually observed across the world on ________________ to raise the public’s awareness of the risks at level crossings and to increase safety at railway crossings globally.
1) February 12
2) January 12
3) April 8
4) May 24
5) June 6
Answer-5) June 6
Explanation:
The International Level Crossing Awareness Day (ILCAD) is annually observed across the globe on 6th June to raise public awareness about the risks at level crossings and improve safety at railway crossings globally.
· The ILCAD campaign is widely followed by the world’s railway community and is a key event for those involved in the sector.
· 6th June 2024 marked the observance of the 16th annual ILCAD.
· The 2024 ILCAD campaign emphasised the safety of vulnerable people, with the slogan: “Beware of trains. Life can change in a split second”.
Which bank has recently (in June ‘24) launched a new “SME Digital Business Loans” product for the Micro, Small and Medium Enterprise (MSME) sector?
1) Karnataka Bank
2) State Bank of India
3) Yes Bank
4) Small Industries Development Bank of India
5) Indian Bank
Answer-2) State Bank of India
Explanation:
On 11th June 2024, India’s largest Public Sector Bank (PSB), The State Bank of India (SBI) has launched a new “SME Digital Business Loans” product to cater the credit requirements of Micro, Small and Medium Enterprise (MSME) sector.
• The new product will enable SBI to sanction the loan requests from MSMEs within 45 minutes.
• SBI has waived the requirement for financial statements for loans up to Rs 50 lakh. It will rely on transaction history and GST returns for appraisal.
The State Bank of India (SBI) has partnered with 23 Non-Banking Financial Companies (NBFCs) or Housing Finance Companies (HFCs) to expand its reach to the unserved and under-served segments in India. Click here to read more
The Reserve Bank of India (RBI) has recently (in June ‘21) introduced new regulations which allowed listed Indian companies and resident individuals to invest in ___________ that are regulated through their fund managers.
1) Green climate fund
2) Multi Asset Allocation Fund
3) Automotive Opportunities Fund
4) offshore funds
5) Infrastructure Fund
Answer-4) offshore funds
Explanation:
The Reserve Bank of India (RBI) has introduced new regulations which allowed listed Indian companies and resident individuals to invest in offshore funds that are regulated through their fund managers.
• RBI issued these directions under Section 10(4) and Section 11 (1) of the Foreign Exchange Management Act, 1999(FEMA Act) (42 of 1999).
• RBI has made certain amendments regarding Overseas Portfolio Investments (OPIs).Therefore, amended the Foreign Exchange Management (Overseas Investment) Directions, 2022.
• Earlier, Overseas Portfolio Investment (OPI) was allowed only if the “funds” were regulated in their home jurisdiction and the investments were in ‘units’ of the funds.
Which organisation has released its report titled “Global Economic Prospects (GEP) – June 2024,” stating that India’s Gross Domestic Product (GDP) growth projection for FY25 (2024-2025) was revised to 6.6%.
1) Moody’s
2) Brand Finance
3) Asian Development Bank
4) Reserve Bank of India
5) World Bank
Answer-5) World Bank
Explanation:
According to the World Bank’s biannual report titled “Global Economic Prospects (GEP) – June 2024”, India’s Gross Domestic Product (GDP) growth projection for FY25 (2024-2025) was revised from 6.4% (projected in January 2024) to 6.6%.
• It has also revised India’s GDP growth by 20 basis points (bps) each to 6.7% and 6.8% for FY26 (2025-26) and FY27 (2026-27) respectively.
• The report estimated that global growth will remain stable at 2.6% in FY25.
• The global growth is expected to marginally increase to 2.7% in FY26 and remain the same for FY27.
Name the company/ organisation that has recently (in June ‘24) signed a cooperation agreement with the UAE’s EDGE Group to set up R&D facilities.
1) Hindustan Aeronautics Limited
2) Adani Defence and Aerospace
3) Defence Research and Development Organisation
4) Mahindra Defence Systems Limited
5) Bharat Dynamics Limited
Answer-2) Adani Defence and Aerospace
Explanation:
Adani Defence and Aerospace, defence subsidiary of Adani Enterprises Limited (AEL) signed a cooperation agreement with EDGE Group, one of the leading advanced technology and defence groups in the United Arab Emirates (UAE).
• It aims to establish an international platform leveraging the defence and aerospace capabilities of both companies to combine their expertise in missiles, weapons, unmanned platforms etc. and to meet the requirements of global and local customers.
• The agreement will also explore the option to set up a Research & Development (R&D) facilities in India and the UAE.
Which institute has recently (in June ‘24) signed a MoU with Japan’s Renesas Electronics Corporation for research and collaboration in Very-Large-Scale-Integration (VLSI) and embedded semiconductor systems?
1) Indian Institute of Technology (IIT), Hyderabad
2) Indian Institute of Science (IISc) Bangalore(Bengaluru)
3) Indian Institute of Technology (IIT), Roorkee
4) Indian Institute of Technology (IIT), Bombay
5) Indian Institute of Technology (IIT), Patna
Answer-1) Indian Institute of Technology, Hyderabad
Explanation:
The Indian Institute of Technology, Hyderabad(IIT-H), Telangana, and Renesas Electronics Corporation, Japan’s leading supplier of advanced semiconductor solutions, have signed a 3-year Memorandum of Understanding (MoU) for research and collaboration in Very-Large-Scale-Integration (VLSI) and embedded semiconductor systems.
• This partnership aims to strengthen India’s semiconductor ecosystem and support the “Make in India” objective.
• The MoU aims to foster talent development to build a self-reliant semiconductor industry in India and enable Renesas to recruit talented employees from India.
Name the sports personalities who has recently (June 2024) won the Dilip Bose Lifetime Achievement Award from the All India Tennis Association (AITA).
1) Shubam Gill and Deepti Sharma
2) Nar Singh and Rohini Lokhande
3) Novak Djokovic and Aitana Bonmati
4) Neeraj Chopra and Sheetal Devi
5) Mahesh Bhupathi and Leander Paes
Answer-2) Nar Singh and Rohini Lokhande
Explanation:
All India Tennis Association(AITA) has honoured Delhi-based Tennis coach Nar Singh with the prestigious Dilip Bose Award for Lifetime Achievement in Coaching.
• AITA has introduced a new Lifetime Achievement Award for Women’s Coaches and presented the inaugural award to Rohini Lokhande of Pune, Maharashtra, one of India’s earliest women’s coaches.
• The awards were presented during the 11th National coaches workshop which was held at the Poona Young Cricketers (PYC) Hindu Gymkhana in Pune, Maharashtra on June 7th-8th 2024.
• The AITA instituted a Dilip Bose Lifetime Achievement Award 2002 in honour of Dilip Bose, a renowned Indian tennis player. The award carries a cash prize of Rs. 50,000.
In June 2024, the Indian Army received the indigenously developed Man Portable Counter Drone System (MPCDS) manufactured by ____________.
1) Marut Dronetech Private Limited
2) Big Bang Boom Solutions Private Limited
3) Bharat Dynamics Limited
4) AXISCADES Technologies Limited
5) Garuda Aerospace
Answer-4) AXISCADES Technologies Limited
Explanation:
On 10th June 2024, The Indian Army received indigenously developed first-of-its-kind Man Portable Counter Drone System (MPCDS). It is designed and manufactured by Bengaluru based AXISCADES Technologies Limited under the agreement worth Rs 100 crore from the Indian Army.
• It is capable to detect and jam different types of drones within a range of up to 5 Kilometres (Kms).
• It covers wide range of frequency spectrums such as: Command & Control and Navigation.
Who has won the Men’s Singles Title at the French Open 2024 (also known as Roland-Garros) for the first time?
1) Novak Djokovic
2) Jannik Sinner
3) Carlos Alcaraz
4) Stefanos Tsitsipas
5) Saketh Mynen
Answer-3) Carlos Alcaraz
Explanation:
Spanish tennis player Carlos Alcaraz(21 years old) won the Men’s singles title at the French Open 2024 (also known as Roland-Garros) by defeating Alexander Zverev of Germany in the finals held at the Stade Roland Garros in Paris, France.
• World No. 1 Iga Swiatek of Poland won the Women’s singles title at the 2024 French Open defeating Jasmine Paolini of Italy. This marks her 4th French Open title and 5th Grand Slam title.
• El Salvador’s Marcelo Arevalo and Croatia’s Mate Pavic secured the Men’s Doubles title after defeating Italian pair Simone Bolelli and Andrea Vavassori. This is the first Grand Slam title of the pair.
• Coco Gauff (The United States of America-USA) and Katerina Siniakova (Czech Republic) won the French Open’s women’s doubles title by defeating the Italian pair Jasmine Paolini and Sara Errani.
• Germany’s Laura Siegemund and France’s Edouard Roger-Vasselin won the mixed doubles title after defeating the two-time Wimbledon Champions Desirae Krawczyk (USA) and Neal Skupski (Britain).Click here to read more
Name the Indian shooter who has recently (in June ‘24) won the gold medal in the men’s 10 m air pistol category at the ISSF World Cup 2024 (rifle/pistol) held in Munich, Germany.
1) Sarabjot Singh
2) Dhiraj Bommadevara
3) Suhas Lalinakere Yathiraj
4) Tajinderpal Singh Toor
5) Sandeep Singh
Answer-1) Sarabjot Singh
Explanation:
India won 2 medals (1 gold and 1 bronze) and finished 3rd on the medal tally of the International Shooting Sport Federation (ISSF) World Cup 2024 (Rifle/Pistol) held from 31st May to 8th June 2024 in Munich, Germany.
• Indian shooter Sarabjot Singh won the gold medal in the men’s 10m air pistol category and Indian shooter Sift Kaur Samra won a bronze medal in the women’s 50m rifle 3 positions category.
• China topped the medal tally with 11 medals (4 gold, 4 Silver and 3 Bronze) followed by Norway at 2nd place with 3 medals (1 gold, 1 silver and 1 Bronze) and India and France at 3rd place with 2 medals each.
