AffairsCloud brings you the complete and important daily Current Affairs Quiz 18 January 2024 to achieve more marks in Banking, Insurance, UPSC, SSC, CLAT, Railways and all other competitive Exams. We have prepared the current affairs quiz question from our daily current affairs 2023 updates.
Our Current Affairs January 2024 events will help you to get more marks in Banking, Insurance, SSC, Railways, UPSC, CLAT and all State Government Exams. Also, try our Current Affairs Quiz.
- Which of the following points is/are “correct” with respect to the States’ Startup Ranking 2022 & National Startup Awards (NSA) 2023, presented in January 2024?
A) The results of the 4th edition of ‘States’ Startup Ranking 2022 & 4th ‘National Startup Awards (NSA) 2023 were declared by Startup India, Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry (MoCI).
B) In the State’s Startup Ranking 2022, Gujarat, Karnataka Kerala, and Tamil Nadu (TN) emerged as the best-performing States in Category A (Population above 1 Crore)
C) Axial Aero Private Limited in Medak, Telangana won the National Startup Awards 2023 under the AeroInnovate Award category.
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C
5) All A, B & CAnswer-5) All A, B & C
Explanation:
On the occasion of 8th National Startup Day 2024 (on January 16, 2024), the results of the 4th edition of ‘States’ Startup Ranking 2022- On support to Startup Ecosystems of States and Union Territories‘ & 4th ‘National Startup Awards (NSA) 2023- Celebrating Achievers Ahead of the Curve‘ were declared by Startup India, Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry (MoCI).
i. In the State’s Startup Ranking 2022, Gujarat, Karnataka Kerala, and Tamil Nadu (TN) emerged as the best-performing States in Category A (Population above 1 Cr) for developing startup ecosystems for budding entrepreneurs
ii. Axial Aero Private Limited in Medak, Telangana won the National Startup Awards 2023 under the AeroInnovate Award category. Click here to read more - In January 2024, Union Minister of Defence, Rajnath Singh approved the proposal to launch Group (Term) Insurance Scheme for Casual Paid Labourers (CPLs) engaged by Border Roads Organisation(BRO)/General Reserve Engineer Force (GREF).
The scheme provides Rs ___________ as insurance to CPLs’families/Next of Kin in case of death.
1) 15 lakh
2) 3 lakh
3) 10 lakh
4) 20 lakh
5) 5 lakhAnswer- 3) 10 lakh
Explanation:
On January 13, 2024, Union Minister Rajnath Singh, Ministry of Defence (MoD), approved the proposal to launch Group (Term) Insurance Scheme for Casual Paid Labourers (CPLs) engaged by Border Roads Organisation (BRO)/General Reserve Engineer Force (GREF) for their ongoing projects.
The scheme provides Rs 10 lakh as insurance to CPLs’families/Next of Kin in case of death. - Which of the following Indian Navy Ships (INS) were recently (in Jan ‘24) decommissioned in the Port Blair, Andaman & Nicobar (A&N)?
1) INS Kumbhir
2) INS Cheetah
3) INS Guldar
4) Both 1 & 2
5) All 1, 2 & 3Answer- 5) All 1, 2 & 3
Explanation:
Three Indian Navy Ships (INS) namely INS Cheetah, INS Guldar and INS Kumbhir were decommissioned simultaneously during a ceremony conducted at Port Blair, Andaman & Nicobar (A&N). All three ships rendered nearly 40 years of glorious service to India.
i. All three ships were built at Gdynia Shipyard, Poland; They belonged to the Polnocny class Landing Ships
The ships were commissioned in 1984 (Cheetah), 1985 (Guldar), and 1986 (Kumbhir). - According to a recent NITI Aayog report ‘National Multidimensional Poverty: A Progress Review -2023,’ released in January 2024, __________ individuals emerged from multidimensional poverty between 2013-14 and 2022-23.
1) 39.10 crore
2) 24.82 crore
3) 36.21 crore
4) 29.40 crore
5) 30.12 croreAnswer-2) 24.82 crore
Explanation:
The National Institution for Transforming India’s (NITI Aayog) discussion paper on the National Multidimensional Poverty Index (MPI), ‘National Multidimensional Poverty: A Progress Review -2023,’ has reduced India’s Multidimensional poverty from 29.17% (2013-14) to 11.28% (2022-23), with about 24.82 crore individuals emerged from poverty during this transformative period (9 years).
i. At the State level, Uttar Pradesh leads the list with 5.94 crore people escaping poverty, followed by Bihar at 3.77 crore and Madhya Pradesh at 2.30 crore. Click here to read more - Which Department of GoI has recently (in Jan ‘24) signed an MoU with the National Human Resources Development Network (NHRDN) to provide employment opportunities for Divyangjans?
1) Department of Personnel and Training
2) Department of School Education & Literacy
3) Department of Empowerment of Persons with Disabilities
4) Department of Home
5) Department of Higher EducationAnswer-3) Department of Empowerment of Persons with Disabilities
Explanation:
The Department of Empowerment of Persons with Disabilities (DEPWD) under the Ministry of Social Justice & Empowerment (MoSJE) and the National Human Resources Development Network (NHRDN) have signed a Memorandum of Understanding (MoU) to provide employment opportunities for Persons with Disabilities (Divyangjans).
The employment opportunities will be offered through PM-DAKSH-DEPWD digital portal of DEPWD by connecting with Human Resources (HR) professionals across India. - Name the bank that has recently (in Jan ‘24) collaborated with the Reserve Bank Innovation Hub (RBIH) and DLabs at the Indian School of Business (ISB), Hyderabad to launch “Build for Billions”, a startup accelerator program.
1) Union Bank of India
2) Bank of Baroda
3) Bank of India
4) Canara Bank
5) Bank of MaharashtraAnswer-1) Union Bank of India
Explanation:
DLabs at the Indian School of Business (ISB) in Hyderabad, Telangana launched “Build for Billions”, a startup accelerator program, in collaboration with the Reserve Bank Innovation Hub (RBIH) and Union Bank of India (UBI).
i. Startups aiming to improve access, usage, and quality of financial services in the informal economy can apply for the program until January 21, 2024 - In January 2024, the Securities and Exchange Board of India (SEBI) notified that Investors will be allowed to freeze or block their trading account if any suspicious activity is detected from ____________.
1) 1st March 2024
2) 1st May 2024
3) 1st July 2024
4) 1st June 2024
5) 1st August 2024Answer-3) 1st July 2024
Explanation:
On January 12, 2023, the Securities and Exchange Board of India (SEBI) notified that Investors will be allowed to freeze or block their trading account if any suspicious activity is detected.
The framework for the same will be laid down on or before 1st April 2024 and will be implemented from 1st July 2024.
i. This information was provided in its exercise of powers conferred under Section 11(1) of SEBI Act, 1992 read with Regulation 30 of SEBI (Stock Brokers) Regulations, 1992, to protect the interests of investors in securities and to promote the development of securities markets. - Which Co-operative Bank’s licence was recently (in Jan ‘24) cancelled by the Reserve Bank of India (RBI) over inadequate capital and earning prospects?
1) The Khamgaon Urban Co-operative Bank
2) Sangli Urban Co-operative Bank
3) Karad Urban Co-operative Bank
4) The Hiriyur Urban Co-operative Bank
5) Mehsana Urban Co-Op BankAnswer-4) The Hiriyur Urban Co-operative Bank
Explanation:
Reserve Bank of India (RBI) cancelled the licence of Karnataka based The Hiriyur Urban Co-operative Bank Limited as the bank does not have adequate capital and earning prospects.
i. The bank also does not comply with the provisions of Section 11(1) Sections 22(3)(a), 22 (3)(b), 22(3)(c), 22(3)(d) and 22(3)(e) read with Section 56 of the Banking Regulation Act, 1949. - Who has recently (in Jan ‘24) won the Presidential Election of Taiwan?
1) Chiang Ching-kuo
2) Chen Shui-bian
3) Ma Ying-jeou
4) William Lai Ching-te
5) Lee Teng-huiAnswer-4) William Lai Ching-te
Explanation:
William Lai Ching-te, Vice President of Taiwan won the Taiwan Presidential election with 40.05% of the vote and has been elected as the President of Taiwan for 4 years(till 2028) .
i. He will succeed Tsai Ing-Wen, the current and the first female president of Taiwan. - When was the 8th Armed Forces Veterans’ Day observed across India?
1) 12th January 2024
2) 9th January 2024
3) 13th January 2024
4) 10th January 2024
5) 14th January 2024Answer-5) 14th January 2024
Explanation:
The 8th Armed Forces Veterans’ Day celebrated across India on 14th January 2024 to honour and recognise the service of Field Marshal Kodandera Madappa Cariappa, the 1st Indian Commander-in-Chief (C-in-C) of the Indian Armed Forces, who retired from the military on 14 January 1953 and led Indian forces to victory in the 1947 war. Click here to read more
During the Armed Forces Veterans’ Day celebrations, ‘SAGAR SAMVAD’, a maiden magazine was also released.
The Indian Air Force and Indian Army also released the ‘VAYU SAMVEDNA’ and ‘SAMMAN’ magazines respectively.
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