AffairsCloud brings you the complete and important daily Current Affairs Quiz 12 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.
- In January 2024, the Directorate General of Civil Aviation (DGCA) introduced substantial revisions to its Flight Duty Time Limitations (FDTL) Regulations to address fatigue among pilots and crew and enhance overall flight safety.
DGCA has increased the mandatory weekly rest period for flight crew to 48 hours from the previous _________.
1) 26 hours
2) 36 hours
3) 24 hours
4) 40 hours
5) 38 hours
Answer & Explanation
Answer-2) 36 hours
Explanation:
The Directorate General of Civil Aviation (DGCA) has introduced substantial revisions to its Flight Duty Time Limitations (FDTL) Regulations’ to address fatigue among pilots and crew and enhance overall flight safety. Click here to read more
The revised FDTL regulations are effective immediately, and compliance is mandatory by June 1, 2024.
i. DGCA has increased the mandatory weekly rest period for flight crew to 48 hours from the previous 36 hours.
- Which company has recently (in Jan ‘24) signed an MoU with the Indian Coast Guard (ICG) to enhance the Indigenous Content (IC) in the ship?
1) Hindustan Shipyard Limited
2) Cochin Shipyard Limited
3) Steel Authority of India Limited
4) Goa Shipyard Limited
5) Mazagon Dock Shipbuilders Limited
Answer & Explanation
Answer-3) Steel Authority of India Limited
Explanation:
Indian Coast Guard (ICG) and the Steel Authority of India Limited (SAIL) have signed a Memorandum of Understanding (MoU) to enhance the Indigenous Content (IC) in the ship of ICG in New Delhi, Delhi.
As per the MoU, SAIL will supply indigenous marine-grade steel to Indian shipyards, for ICG Ships.
- Which of the following cities are nominated for the Wetland City Accreditation (WCA) scheme under the Ramsar Convention by the Ministry of Environment, Forest and Climate Change (MoEF&CC)?
1) Indore, Madhya Pradesh
2) Udaipur, Rajasthan
3) Bhopal, Madhya Pradesh
4) Both 1 & 2
5) All 1, 2 & 3
Answer & Explanation
Answer-5) All 1, 2 & 3
Explanation:
The Ministry of Environment, Forest and Climate Change (MoEF&CC) has nominated three Indian cities viz. Indore and Bhopal in Madhya Pradesh (MP) and Udaipur in Rajasthan for the Wetland City Accreditation (WCA) scheme under the Ramsar Convention.
These are the 1st three Indian cities to be nominated for WCA.
i. The WCA is a voluntary accreditation system established by the Ramsar Convention during the Conference of the Contracting Parties (COP) 12, 2015
- Which company has recently (in Jan ‘24) launched India’s 1st Growth Liquid Exchange-Traded Fund (ETF) to offer a Growth Net Asset Value (NAV)?
1) Nippon India Mutual Fund
2) Aditya Birla Sun Life Mutual Fund
3) ICICI Prudential Mutual Fund
4) Zerodha Fund House
5) DSP Mutual Fund
Answer & Explanation
Answer-4) Zerodha Fund House
Explanation:
Zerodha Fund House announced the launch of India’s 1st Growth Liquid Exchange-Traded Fund (ETF) – Zerodha Nifty 1D Rate Liquid ETF, that offers a Growth Net Asset Value (NAV).
i. The new scheme follows Nifty 1D Rate Index, which measures the returns generated by market participants lending in the overnight market, as its benchmark and designed to prioritize liquidity while maintaining a relatively low-risk profile.
ii. The fund is expected to be listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) exchanges by the 24th January 2024.
- The World Bank (WB) released its ‘January, 2024 Global Economic Prospects‘ (GEP) report projected the third consecutive year of slowdown for global Gross Domestic Product (GDP) growth with a decrease to ___________ in 2024.
1) 2.6%
2) 2.4%
3) 2.9%
4) 3.1%
5) 3.5%
Answer & Explanation
Answer-2) 2.4%
Explanation:
On January 9, 2024, the World Bank (WB) released its ‘January, 2024 Global Economic Prospects‘ (GEP) report projecting a third consecutive year of slowdown for global Gross Domestic Product (GDP) growth with a decrease to 2.4% in 2024. It was 2.6% in 2023, 3% in 2022 and 6.2% in 2021.
i. The report forecasts 2025 global growth slightly higher at 2.7%, but this was marked down from a June forecast of 3% due to anticipated slowdowns among advanced economies.
ii. The WB has kept India’s GDP growth forecast unchanged at 6.3% for FY 2023-24 and 6.4% for FY 2024-25 driven by robust investment and services. It will edge up to 6.5% in FY26.
- Who has recently (in Jan ‘24) became the first Indian to hold the position of Secretary General (SG) of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC)?
1) Garima Paul
2) Sunil Achaya
3) Indra Mani Pandey
4) Rajesh Sharma
5) Gaurav Kumar Thakur
Answer & Explanation
Answer-3) Indra Mani Pandey
Explanation:
On 4th January 2024, Ambassador Indra Mani Pandey took charge as the 4th Secretary General (SG) of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC).
i. With this, Pandey becomes the first Indian to hold the post. He will remain SG for a period of 3 years.
ii. He succeeds Tenzin Lekphell of Bhutan, who served as the 3rd SG of BIMSTEC from 6 November 2020 to 5 November 2023.
- In January 2024, the Board of Directors of Life Insurance Corporation of India (LIC) approved the proposal to acquire up to _________ equity stake in a company promoted by the National Housing Bank (NHB).
1) 30%
2) 10%
3) 40%
4) 20%
5) 50%
Answer & Explanation
Answer-2) 10%
Explanation:
On January 8, 2024, the Board of Directors of Life Insurance Corporation of India (LIC) approved the proposal to acquire up to 10% equity stake in a company promoted by the National Housing Bank (NHB).
i. The investment in the NHB promoted company would focus on residential mortgage-backed securities (RMBS).
- In January 2024, the Competition Commission of India (CCI) approved the acquisition of the remaining __________ paid-up share capital in Signet Excipients Private Limited (Signet) by IMCD India Private Limited (IMCD India).
1) 60%
2) 49%
3) 51%
4) 40%
5) 30%
Answer & Explanation
Answer- 5) 30%
Explanation:
The Competition Commission of India (CCI) has approved the acquisition of the remaining 30% paid-up share capital in Mumbai (Maharashtra) based Signet Excipients Private Limited (Signet) by Mumbai-based IMCD India Private Limited (IMCD India).
i. IMCD India is currently holding 70% paid-up share capital in Signet since 2020; whereas the remaining 30% of the share capital is held by the promoters.
- The ____________ National Road Safety Week was observed across India from 11th to 17th January 2024.
1) 45th
2) 40th
3) 35th
4) 30th
5) 25th
Answer & Explanation
Answer-3) 35th
Explanation:
The 35th National Road Safety Week was observed across India from 11th to 17th January 2024 to raise awareness about the importance of road safety and highlight the significance of road safety measures to prevent and reduce road accidents and save lives.
i. The annual observance is led by the Ministry of Road Transport and Highways (MoRTH) to promote road safety practices.
ii. The first-ever National Road Safety Week was observed by the MoRTH in 1989.
- In January 2024, ___________ became the first state in India to map all 784 accident black spots on the mobile application “Mappls”.
1) Odisha
2) Maharashtra
3) Gujarat
4) Punjab
5) Madhya Pradesh
Answer & Explanation
Answer-4) Punjab
Explanation:
Punjab has become the first state in India to map all 784 accident black spots on the mobile application “Mappls”, a navigation system developed by C. E. Info Systems Limited(MapmyIndia).
i. Punjab Police collaborated with MapmyIndia for real-time traffic updates and alerts on the Mappls App about Black and Blind spots.
Mappls mobile app will provide voice alerts (in Punjabi language) to the commuters about the upcoming black spots.
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