AffairsCloud brings you the complete and important daily Current Affairs Quiz 31 March 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 2024 updates.
Our Current Affairs March 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.
- In March 2024, India renewed the agreement to export electricity to __________ (country) for 3 months until the end of June 2024.
1) Myanmar
2) Nepal
3) Bangladesh
4) Bhutan
5) Sri LankaAnswer-2) Nepal
Explanation:
On 29 March 2024, India renewed the agreement to export electricity to Nepal for 3 months until the end of June 2024, in response to the request of the Nepal Electricity Authority (NEA) just days before the expiry of the existing pact on 31 March 2024.
Nepal can import up to 554 megawatts (MW) of electricity from India between 6 am to 6 pm under this agreement.
This includes 500 MW from the Dhalkebar-Muzaffarpur cross-border transmission line and 54 MW through Tanakpur. - As per the Reserve Bank of India (RBI) latest data released in March 2024, the total number of credit cards issued by banks in India surpassed the 100 million mark in February 2024.
Which bank leads in the number of credit card issuances with 20.40 million credit cards in circulation?
1) HDFC Bank
2) State Bank of India
3) ICICI Bank
4) Axis Bank
5) YES BankAnswer-1) HDFC Bank
Explanation:
As per the Reserve Bank of India (RBI) latest data, the total number of credit cards issued by banks in India breached the 100 million mark in February 2024.
Data revealed that till February 2024, the total number of credit cards in circulation was 100.6 million. Whereas, In February 2023, the total number of credit cards in circulation stood at 99.5 million.
i. HDFC Bank, the largest private bank in India, leads in the number of credit card issuances with 20.40 million credit cards in circulation, followed by SBI (State Bank of India) with 18.75 million credit cards, ICICI Bank with 16.84 million, and Axis Bank with 13.90 million cards. - The Pension Fund Regulatory and Development Authority (PFRDA) mandated two-factor Aadhaar authentication for accessing the Central Record keeping Agency (CRA) system, which will be effective from _____________.
1) 1st July 2024
2) 1st June 2024
3) 1st May 2024
4) 1st April 2024
5) 1st August 2024Answer-4) 1st April 2024
Explanation:
The Pension Fund Regulatory and Development Authority (PFRDA) in its Digital Safety Practices for Government Nodal Offices Under NPS Architecture Advisory, 2024, has mandated two-factor Aadhaar authentication for accessing the Central Record keeping Agency (CRA) system, enhancing security for National Pension System (NPS) transactions.
Effective from April 1, 2024 about 1,600 government offices will implement two-factor Aadhaar authentication for accessing the CRA system. - According to the analysis of the Engineering Export Promotion Council (EEPC) of India released in March 2024, which of the following countries are among the top importers of Indian Engineering Goods?
1) Russia
2) United Arab Emirates
3) Saudi Arabia
4) Both 1 & 2
5) All 1, 2 & 3Answer-5) All 1, 2 & 3
Explanation:
According to the analysis of the Engineering Export Promotion Council (EEPC) of India, the premier trade and investment promotion organisation in India, India’s engineering goods exports surged during April-February 2023-24.
i. Russia, The United Arab Emirates (UAE), and Saudi Arabia are among the top importers of Indian Engineering Goods .
Despite an overall decline in exports, the engineering segment experienced a modest growth (Year-on-Year/Y-o-Y) of 1.23%, amounting to USD 98.03 billion. - Which company has recently (in March ‘24) emerged as the first company in India to obtain the Aluminium Stewardship Initiative (ASI) Performance Standard V3 Certification?
1) India Foils Limited
2) National Aluminium Company Limited
3) Hindalco Industries Limited
4) Bharat Aluminium Company Limited
5) Hindustan Zinc LimitedAnswer-4) Bharat Aluminium Company Limited
Explanation:
The Bharat Aluminium Company Limited (BALCO), a unit of Vedanta Aluminium, has emerged as the first company in India to obtain the Aluminium Stewardship Initiative (ASI)Performance Standard V3 Certification for the production and distribution of a broad range of primary aluminium products at its Korba facility, Chhattisgarh. - Who has recently (in March ‘24) took over as the 41st National President of the Federation of Indian Chamber of Commerce & Industry (FICCI) Ladies Organisation (FLO) for the year 2024-2025?
1) Joyshree Das Verma
2) Sudha Shivkumar
3) Anjali Sud
4) Sharmistha Dubey
5) Zarin DaruwalaAnswer-1) Joyshree Das Verma
Explanation:
Joyshree Das Verma took over as the 41st National President of the Federation of Indian Chamber of Commerce & Industry (FICCI) Ladies Organisation (FLO) for the year 2024-2025.
Joyshree Das Verma succeeds Sudha Shivkumar, the 40th President of FICCI FLO (2023-2024).
Before this appointment, Joyshree Das Verma served as the National Senior Vice President of FICCI FLO. - In March 2024, Bassirou Diomaye Diakhar Faye was elected as the president of ________________ (country).
1) Sudan
2) Senegal
3) Ethiopia
4) Gambia
5) TanzaniaAnswer-2) Senegal
Explanation:
Bassirou Diomaye Diakhar Faye was elected president of Senegal after winning the election that was held on March 24, 2024.
Faye succeeds Macky Sall who served as the President of Senegal from 2012 to 2024.
On April 2, 2024, Faye is scheduled to take over as president, replacing Macky Sall.
i. Faye became the 5th president of Senegal with 54.28% of the votes in the presidential election, while former prime minister Amadou Ba came in second with 35.79%. - In March 2024, Reliance Industries Limited (RIL) bought a ____________ share in Gautam Adani’s Madhya Pradesh power project.
1) 26%
2) 34%
3) 20%
4) 32%
5) 29%Answer-1) 26%
Explanation:
The Reliance Industries Limited (RIL), owned by Mukesh Ambani, has bought a 26% share in Gautam Adani’s Madhya Pradesh power project and has agreed to use the 500 MW of electricity produced by the facility for captive use. The two billionaires are working together on a business project for the first time.
Under the terms of the Captive User policy as outlined in the Electricity Rules, 2005, Mahan Energen Limited (MEL), a wholly owned subsidiary of Adani Power Limited (APL), and RIL have signed into a 20-year long-term Power Purchase Agreement (PPA) for 500 MW.
Reliance will purchase five crore equity shares at par (Rs 50 crore) in Mahan Energen Ltd. - In which bank, Warburg Pincus has recently (in March ‘24) sold its entire 2.25% stake for Rs 1,195 crore?
1) Axis Bank
2) ICICI Bank
3) IDFC First Bank
4) YES Bank
5) HDFC BankAnswer-3) IDFC First Bank
Explanation:
Warburg Pincus, a Private equity firm sold its entire 2.25% stake in IDFC (formerly Infrastructure Development Finance Company Limited) First Bank for Rs 1,195 crore through the open market transaction.
i. Note:Warburg Pincus sold its IDFC First Bank shares on the BSE (formerly Bombay Stock Exchange) through its affiliated Cloverdell Investment Limited.
ii. As per BSE, the investment group used block deals to sell its 2.25% stake in the bank. More than 15.88 crore IDFC First Bank shares were sold by Cloverdell Investment. - When was the United Nations (UN) International Day of Zero Waste 2024 observed across the globe?
1) 29th March 2024
2) 26th March 2024
3) 30th March 2024
4) 27th March 2024
5) 28th March 2024Answer-3) 30th March 2024
Explanation:
The United Nations(UN)’s International Day of Zero Waste 2024 observed across the globe on 30th March 2024 to highlight the importance of bolstering waste management and promoting sustainable consumption and production patterns.
30th March 2024 marks the observance of the 2nd annual International Day of Zero Waste.
The observance is led by the UN Environment Programme (UNEP) and the UN Human Settlements Programme (UN-Habitat).
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