Current Affairs Quiz April 2024
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Questions and Answers

Which individual holds the highest ranking on the Forbes list according to the provided information?

  • Kumarmangalam Birla
  • Kushal Pal Singh (correct)
  • Lakshmi Mittal
  • Radhakrishna Damani

What is the main focus of Forbes as a media company?

  • Business, investing, and entrepreneurship (correct)
  • Sports and recreation
  • Entertainment and celebrity news
  • Politics and international relations

What decision was made by the Reserve Bank of India's Monetary Policy Committee (MPC) regarding policy rates?

  • Increase policy rates
  • Keep policy rates unchanged (correct)
  • Decrease policy rates
  • Abolish policy rates

What is the timeframe for the RBI's monetary policy decisions, as mentioned in the article?

<p>Bi-monthly (A)</p> Signup and view all the answers

Which of these individuals is a founder and Chief Executive Officer?

<p>Sharad Vivek Sagar (C)</p> Signup and view all the answers

What is the primary objective of the WEF's Young Global Leaders Program?

<p>To identify and develop future leaders for addressing global challenges (B)</p> Signup and view all the answers

What is the current rate for the Marginal Standing Facility (MSF) and Bank Rate, as announced by the RBI Governor?

<p>6.75% per cent (D)</p> Signup and view all the answers

Which company is Priya Aggarwal Hebbar associated with as a Non-Executive Director?

<p>Vedanta Limited (C)</p> Signup and view all the answers

Who was named the Player of the Year for Hockey India Awards 2023?

<p>Both Hardik Singh and Salima Tete (C)</p> Signup and view all the answers

What is the name of the app mentioned in the provided content?

<p>Adda247 App (A)</p> Signup and view all the answers

Which of the following is NOT a section included in the 'Current Affairs | April 2024' content?

<p>Literature Current Affairs (D)</p> Signup and view all the answers

What is the purpose of Hockey India Awards?

<p>All of the above (D)</p> Signup and view all the answers

Which of the following is NOT one of the websites mentioned in the provided content?

<p><a href="http://www.ssc.nic.in">www.ssc.nic.in</a> (B)</p> Signup and view all the answers

What is the main focus of the provided content?

<p>To summarise the most important news events of April 2024 (D)</p> Signup and view all the answers

According to the content, which of these is NOT included in the 'Current Affairs | April 2024' content?

<p>Local Current Affairs (A)</p> Signup and view all the answers

What is the purpose of the Hockey India Awards 2023?

<p>To celebrate the achievements of Indian hockey players and teams (A)</p> Signup and view all the answers

What is the name of the website mentioned in the provided content that is related to competitive exams?

<p>All of the above (D)</p> Signup and view all the answers

What is the main topic covered in the provided content?

<p>Current Affairs (A)</p> Signup and view all the answers

Which company has introduced upgradable ATMs in India, allowing banks to adapt them into Cash Recycling Machines (CRMs)?

<p>Hitachi Payment Services (D)</p> Signup and view all the answers

What is the total number of Navratna Public Sector Enterprises (PSEs) in India after IREDA received the prestigious designation?

<p>17 (D)</p> Signup and view all the answers

Which country has been chosen to chair the UN Commission on the Status of Women (CSW), despite criticism regarding its record on women's rights?

<p>Saudi Arabia (A)</p> Signup and view all the answers

Who has started his third term as the leader of Egypt, extending his tenure until 2030?

<p>Abdel Fattah al-Sisi (C)</p> Signup and view all the answers

The 'Make in India' initiative is associated with which of these advancements?

<p>The introduction of upgradable ATMs in India by Hitachi Payment Services (D)</p> Signup and view all the answers

What is the primary focus of Egypt's President al-Sisi in his third term amidst economic challenges?

<p>Prioritizing national interests and fulfilling the aspirations of the Egyptian people (B)</p> Signup and view all the answers

Which country has partially joined the European Union along with Romania?

<p>Bulgaria (B)</p> Signup and view all the answers

Who are the Nobel Physics Prize winners whose inventions are behind the world's most potent laser developed in Romania?

<p>Gerard Mourou and Donna Strickland (B)</p> Signup and view all the answers

What did Germany legalize on April 1, 2024?

<p>Recreational cannabis use (A)</p> Signup and view all the answers

Which country surpassed India as the primary importer of Russian crude oil?

<p>China (C)</p> Signup and view all the answers

What temperature did South Korean scientists achieve in their nuclear fusion reactor tests?

<p>100 million degrees Celsius (B)</p> Signup and view all the answers

Who has been elected as Ireland’s youngest-ever prime minister?

<p>Simon Harris (A)</p> Signup and view all the answers

How many marijuana plants are adults allowed to cultivate at home in Germany under the new law?

<p>Three (D)</p> Signup and view all the answers

What was the duration of the plasma generation in the KSTAR device tests?

<p>48 seconds (C)</p> Signup and view all the answers

What percentage of votes did Simon Harris secure in the election?

<p>58.6% (C)</p> Signup and view all the answers

What was the distance covered by Russ Cook during his trek?

<p>10,000 miles (B)</p> Signup and view all the answers

What is the revised GDP growth forecast for FY24 by Deloitte India?

<p>7.6-7.8% (D)</p> Signup and view all the answers

What was the primary driver of the GDP expansion in the 2022-23 fiscal year?

<p>Strong investment (C)</p> Signup and view all the answers

What was the growth percentage of the non-life insurance industry in FY24?

<p>12.78% (B)</p> Signup and view all the answers

What is the anticipated GDP growth for FY25 according to Deloitte?

<p>6.6% (A)</p> Signup and view all the answers

What is Moody’s Analytics' projected economic growth for India in 2024?

<p>6.1% (B)</p> Signup and view all the answers

What was the most recent retail inflation rate reported for India?

<p>4.85% (D)</p> Signup and view all the answers

Which company is set to purchase a 20% stake in HDB Financial Services?

<p>MUFG (B)</p> Signup and view all the answers

What contributed to the slowdown in the growth of the non-life insurance industry?

<p>Slowdown in health, motor, and crop insurance segments (B)</p> Signup and view all the answers

What is the primary function of the HBCSE?

<p>Serving as a central hub for Olympiad programs in various disciplines, including mathematics (A)</p> Signup and view all the answers

What is the main purpose of the EGMO Training Camp (EGMOTC)?

<p>To offer structured training and support for students preparing for the EGMO (C)</p> Signup and view all the answers

What was the primary goal of the felicitation ceremony organized at the HBCSE?

<p>To acknowledge and celebrate the achievements of the Indian delegation at the EGMO (C)</p> Signup and view all the answers

What is the significance of the Indian girls’ performance at the 13th EGMO?

<p>It emphasizes the commitment of India to promote and recognize exceptional talent on the global stage (C)</p> Signup and view all the answers

What does the RBI clarify regarding the penalties imposed on the banks mentioned in the content?

<p>The penalties are a result of the banks’ failure to meet regulatory compliance standards. (B)</p> Signup and view all the answers

What is the intended outcome of the penalties imposed on the banks?

<p>To create a deterrent effect against future violations of regulations (C)</p> Signup and view all the answers

Which of the following is NOT mentioned as a reason for the success of the Indian team at the EGMO?

<p>The government’s funding of mathematics education (C)</p> Signup and view all the answers

Which of the following is NOT a discipline in which the HBCSE organizes Olympiad programs?

<p>Computer Science (B)</p> Signup and view all the answers

Flashcards

Hockey India Awards

A prestigious annual event that recognizes the remarkable achievements of Indian hockey players and teams.

Hockey India Player of the Year (Men)

The award presented to the most outstanding male player of the year in Indian hockey.

Hockey India Player of the Year (Women)

The award presented to the most outstanding female player of the year in Indian hockey.

Hardik Singh

The recipient of the Hockey India Player of the Year (Men) in 2023.

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Salima Tete

The recipient of the Hockey India Player of the Year (Women) in 2023.

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Recognizing the sport's rich history and legacy

A crucial part of the Hockey India Awards, acknowledging important moments and personalities in the sport's history.

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Celebrating outstanding performances

Outstanding performances by Indian hockey players are celebrated during the Hockey India Awards.

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Promoting and growing the sport in India

The Hockey India Awards aim to promote and grow the sport in India by acknowledging exceptional talents.

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Recognizing dedication and hard work

The Hockey India Awards serve as a platform to recognize and celebrate the dedication and hard work of players, coaches, and administrators.

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Shaping the future of Indian hockey

The Hockey India Awards play a vital role in shaping the future of Indian hockey by highlighting the sport's achievements.

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What is the Repo Rate?

The Repo Rate is the interest rate at which commercial banks borrow money from the Reserve Bank of India (RBI).

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What is the role of the Monetary Policy Committee (MPC)?

The Monetary Policy Committee (MPC) of the RBI sets the repo rate and other interest rates to control the amount of money in circulation and influence inflation.

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Explain the Marginal Standing Facility (MSF).

The MSF (Marginal Standing Facility) is a lending facility for banks that need to borrow short-term funds when they face liquidity shortages. This rate usually remains above the Repo Rate.

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What is Core Inflation?

Core Inflation is the rate of inflation that excludes the prices of volatile items like food and energy. It gives a more stable measure of underlying price pressures.

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What is Forbes?

Forbes is a global business magazine that tracks and ranks the wealthiest individuals in the world.

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What is the Young Global Leaders Program?

The Young Global Leaders program, launched by the World Economic Forum, identifies and supports emerging leaders who are tackling global challenges.

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What is the World Economic Forum (WEF)?

The WEF (World Economic Forum) is a non-profit organization that promotes dialogue and cooperation between businesses, governments, and civil society.

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What is Nyka Fashion?

Nyka Fashion is a leading online retailer for beauty and fashion products in India.

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What is Hitachi Payment Services' new ATM innovation?

Hitachi Payment Services has launched new, adaptable ATMs that can be upgraded into Cash Recycling Machines (CRMs). This innovation aims to enhance banking efficiency.

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What is the significance of IREDA achieving 'Navratna' status?

IREDA, a public sector enterprise focused on renewable energy, has earned the 'Navratna' status, a prestigious designation indicating its significance and importance in the Indian economy.

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What controversy surrounds Saudi Arabia's role in the UN?

Saudi Arabia has been criticized for its poor record on women's rights despite being chosen to chair the UN Commission on the Status of Women (CSW). This decision has raised concerns among human rights groups.

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What is the current status of President Abdel Fattah al-Sisi's leadership in Egypt?

Egyptian President Abdel Fattah al-Sisi has begun his third term, vowing to prioritize national interests and address economic challenges.

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What groundbreaking achievement has been made in Romania?

Researchers in Romania have created the world's most powerful laser, based on the breakthroughs of Nobel Physics Prize winners, Gerard Mourou and Donna Strickland.

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FY24 GDP Growth Projection

India's GDP growth for the fiscal year 2024 is projected to be between 7.6% and 7.8%, according to Deloitte India.

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Previous FY24 GDP Growth Projection

Deloitte India initially estimated India's GDP growth for FY24 to be between 6.9% and 7.2%.

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FY24 Non-Life Insurance Growth

The non-life insurance industry in India achieved a 12.78% growth in gross direct premium during FY24.

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FY25 GDP Growth Projection

Deloitte India predicts that India's GDP will expand by 6.6% in the fiscal year 2025.

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Moody's FY24 GDP Growth Projection

Moody's Analytics expects India's economic growth to be 6.1% in 2024, a slight increase from their earlier forecast of 6%.

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March 2024 Inflation Rate

India's retail inflation fell to a 10-month low of 4.85% in March 2024.

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RBI Inflation Tolerance Band

The Reserve Bank of India (RBI) has set a tolerance band for inflation between 2% and 6%.

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MUFG's Investment in HDB Financial Services

Japan's MUFG is acquiring a 20% stake in HDB Financial Services, a subsidiary of India's HDFC Bank.

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European Girls' Mathematical Olympiad (EGMO)

A prestigious competition in mathematics held annually for talented girls from different countries.

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Indian Team's Success at the 13th EGMO

The Indian team won medals at the 13th EGMO, showcasing their exceptional mathematical abilities.

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EGMO Training Camp (EGMOTC)

The training camp for the EGMO held in India, providing participants with structured training and support.

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HBCSE (Homi Bhabha Center for Science Education)

A national institution in India that plays a key role in nurturing and preparing young students for international science Olympiads, including the EGMO.

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Felicitation Ceremony for EGMO Winners

The event held at HBCSE to celebrate the achievements of the Indian delegation at the 13th EGMO.

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RBI Penalties for Banks

The penalty imposed by the RBI on certain banks for violations of regulatory compliance.

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Dedication and Hard Work of the Indian Team

The dedication and hard work put in by the Indian team towards their achievements at the 13th EGMO.

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India's Commitment to Mathematical Excellence

India's commitment to fostering talent and promoting excellence in mathematics, as evident in the success of the Indian team at the EGMO.

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Germany Legalizes Recreational Cannabis

Germany has legalized recreational cannabis use, allowing adults over 18 to carry up to 25 grams of dried cannabis and cultivate up to three plants at home.

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China's Oil Imports

China has surpassed India as the primary importer of Russian crude oil via sea routes, mainly due to India's import slowdown caused by sanctions and rising prices.

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KSTAR's Plasma Record

South Korean scientists have achieved a new world record using the KSTAR device, an artificial sun nuclear fusion reactor, generating plasma temperatures of 100 million degrees Celsius for 48 seconds.

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Ireland's Youngest PM

Simon Harris, aged 37, has become Ireland's youngest-ever prime minister, following the resignation of Leo Varadkar last month.

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Russ Cook's Trek

British national Russ Cook, nicknamed the 'Hardest Geezer,' has completed an extreme trek spanning over 10,000 miles, 16 countries, and 19 million steps, all while raising money for charity.

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Fico's Policies

Fico's policies in Slovakia are characterized by a tilt towards Russia, controversial reforms, and strained relations with the West.

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Germany's Cannabis Law

The new law in Germany allows adults to possess and grow cannabis recreationally.

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India's Oil Imports

India's imports of Russian crude oil have slowed down due to sanctions and rising prices.

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Study Notes

Current Affairs April 2024

  • The Hindu Review, April 2024, a monthly current affairs capsule, covered various topics including banking, economy, business, international and national affairs, schemes, awards, sports, summits, defence, science and technology, and obituaries.
  • Hockey India Awards 2023 recognized Hardik Singh and Salima Tete as Players of the Year. The league (HIL) was revived for January 2025.
  • Forbes World's Billionaires List 2024 featured Mukesh Ambani as the only Indian in the top 10 billionaires, ranking 9th. Nikhil Kamath, co-founder of Zerodha, was the youngest Indian billionaire at 37 years old.
  • Global wealth from billionaires was $14.2 trillion, up from $12.2 trillion in 2023.
  • The 13th European Girls' Mathematical Olympiad (EGMO) 2024 saw four Indian participants securing medals.
  • RBI Penalized five co-operative banks with a total fine of Rs 60.3 Lakh for regulatory violations.
  • The World Economic Forum announced the 2024 Young Global Leaders Community, with 90 individuals under 40 from diverse fields.
  • Hurun Global Unicorn Index 2024 showed a decline in India's unicorn creation for the first time since 2017. despite robust stock market performance. India ranked third with 67 unicorns.
  • Jallianwala Bagh Massacre anniversary was observed on April 13, 1919, with a historical background emphasizing political discourse, colonial rule, and nationalist movement ramifications.
  • The World Cybercrime index showed Russia and Ukraine as the two primary hubs of global cybercrime.
  • Earth Day 2024 focused on protecting the Planet vs. Plastics, educating and encouraging individuals on environmental issues and fostering a global movement.
  • National Panchayati Raj Day was observed on April 24th, celebrating the 31st anniversary of the 73rd Constitutional Amendment.
  • The Laureus World Sports Awards 2024 ceremony honored outstanding athletes and their initiatives for good. Alok Shukla won the Goldman Environmental Prize.

Agreements and MoUs

  • Several MoUs (memoranda of understanding) and partnerships were highlighted, including collaborations between Indian and Nepalese governments on Sanskrit research, Indian Oil Corporation's joint venture with Panasonic Energy for lithium-ion cells, SJVN and IIT Patna partnership, an AI safety memorandum between the US and UK, joint effort between EU and India on EV battery recycling, and an agreement between companies specializing in aerospace, defence and homeland security.

Important Days

  • A list of important days in April 2024 was included, highlighting their specific themes and significance.

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Test your knowledge on the latest current affairs from April 2024. This quiz covers topics including the Forbes list rankings, RBI decisions, Hockey India Awards, and more. Challenge yourself to see how well you know the recent events shaping our world.

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