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Current Affairs Quiz: 12 March 2024

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 12 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.

  1. Which of the following points is “Incorrect” with respect to the cabinet approval on 7th March 2024?
    1) Cabinet approved the extension of the targeted subsidy of Rs 200 per 10.1 kg cylinder to the beneficiaries of Pradhan Mantri Ujala Yojana (PMUY) for Financial year 2024-2025 (FY25).
    2) The Union Cabinet has approved an ambitious IndiaAI mission to strengthen the Artificial intelligence (AI) innovation ecosystem, allocated the budget outlay of Rs 10,371.92 crore.
    3) The Union Cabinet has approved the Uttar Poorva Transformative Industrialization (UNNATI) Scheme,2024 for a period of 10 years.
    4) Cabinet approves the increase of 4 % Dearness Allowance (DA) of Central Government Employees and Dearness Relief of Pensioners with effect from 1st January, 2024.
    5) The Cabinet Committee on Economic Affairs (CCEA) has approved a hike in the Minimum Support Price (MSP) of raw jute for the 2024-25 season to Rs 5,335 per quintal.
    Answer-1) Cabinet approved the extension of the targeted subsidy of Rs 200 per 10.1 kg cylinder to the beneficiaries of Pradhan Mantri Ujala Yojana (PMUY) for Financial year 2024-2025 (FY25).
    Explanation:
    Cabinet Committee headed by Prime Minister (PM) Narendra Modi approved the following proposals and schemes on March 7, 2024:
     Cabinet approved the extension of the targeted subsidy of Rs 300 per 14.2 kg cylinder to the beneficiaries of Pradhan Mantri Ujjwala Yojana (PMUY) for Financial year 2024-2025 (FY25).
     The Union Cabinet has approved an ambitious IndiaAI mission to strengthen the Artificial intelligence (AI) innovation ecosystem. It has allocated the budget outlay of Rs 10,371.92 crore.
     The Union Cabinet has approved the Uttar Poorva Transformative Industrialization (UNNATI) Scheme, 2024 for a period of 10 years from the date of notification along with 8 years for committed liabilities at a total cost of Rs 10,037 crore.
     Cabinet approves the increase of 4 % Dearness Allowance (DA) of Central Government Employees and Dearness Relief of Pensioners with effect from 1st January, 2024.
     The Cabinet Committee on Economic Affairs (CCEA) has approved a hike in the Minimum Support Price (MSP) of raw jute for the 2024-25 season to Rs 5,335 per quintal. Click here to read more

  2. In March 2024, Vadodara Municipal Corporation (VMC), a civic body of Gujarat, raised Rs  ____________ by issuing Asia’s first certified green municipal bond for Sustainable Water Infrastructure.
    1) 300 crore
    2) 100 crore
    3) 200 crore
    4) 400 crore
    5) 500 crore
    Answer-2) 100 crore
    Explanation:
    Vadodara Municipal Corporation (VMC), a civic body of Gujarat, has raised Rs 100 crore (USD 12.07 million) by issuing Asia’s first certified green municipal bond for Sustainable Water Infrastructure.
    i. VMC, with a semi-annual coupon rate of 7.90% on the issue, invited bids from investors, setting a new standard in green finance.

  3. Which state government has recently (in March ‘24) launched India’s first government-owned OTT (over-the-top) platform, ‘CSpace‘?
    1) Madhya Pradesh
    2) Maharashtra
    3) Kerala
    4) Gujarat
    5) Odisha
    Answer-3) Kerala
    Explanation:
    Kerala Chief Minister (CM) Pinarayi Vijayan has launched India’s first government-owned OTT (over-the-top) platform, ‘CSpace‘, at an event held at the Kairali Theatre in Thiruvananthapuram, Kerala.
    i. CSpace is managed by Kerala State Film Development Corporation (KSFDC), a state-owned company responsible for the promotion of the Malayalam cinema industry on behalf of the Department of Cultural Affairs, Government of Kerala.

  4. Which country’s Coast Guard, along with the Indian Coast Guard (ICG) has recently (in March ‘24) concluded the ‘Sea Defenders-2024’, the comprehensive maritime security exercise at Port Blair, Andaman & Nicobar (A&N) Island?
    1) United States
    2) Australia
    3) Japan
    4) Indonesia
    5) Philippines
    Answer-1) United States
    Explanation:
    ‘Sea Defenders-2024’, the comprehensive maritime security exercise between the Indian Coast Guard (ICG) & United States Coast Guard (USCG) was successfully concluded at Port Blair, Andaman & Nicobar (A&N) Island on 9th March 2024.
     Aim of the Exercise: To enhance maritime cooperation and interoperability between ICG & USCG.
    i. ‘Sea Defenders-2024 exercise covered various situations like pollution response,  showcasing firefighting and damage control skills, practice to neutralize asymmetric threats related to drone threats and shipboard emergencies.

  5. As of March 2024, the Railway Protection Force (RPF) has _______ percent of women personnel, among Central Paramilitary Forces (CPF) in India.
    1) 6%
    2) 9%
    3) 12%
    4) 14%
    5) 8%
    Answer-2) 9%
    Explanation:
    The Railway Protection Force (RPF), established in 1957 under the Ministry of Railways (MoR), has the largest share of women personnel (9%) among Central Paramilitary Forces (CPF) in India.
    i. These women personnel are specially trained to ensure safety and provide assistance to female passengers in distress.
    ii. The measures taken by RPF for women personnel includes Infrastructure Developments (designed for the special needs of women officers) and Nomination of Female Nodal Officers at all Zones/Units for the redressal of grievances of Female personnel.

  6. Which country has recently (in March ‘24) joined the North Atlantic Treaty Organization (NATO) as the alliance’s 32nd member?
    1) Kosovo
    2) Georgia
    3)  Belarus
    4) Sweden
    5) Bosnia
    Answer-4) Sweden
    Explanation:
    Sweden officially joined the North Atlantic Treaty Organization (NATO), becoming the alliance’s 32nd member. With this, Sweden ends decades of post-World War II neutrality and 200 years of non-alignment with major powers.
    i. Sweden now benefits from the protection provided under Article 5 of the NATO Treaty, which guarantees the freedom and security of its allies.

  7. According to the CRISIL’s India Outlook 2024 Report released in March 2024, India’s real GDP growth will likely moderate to ________ in fiscal 2025.
    1) 6.5%
    2) 6.8%
    3) 6.2%
    4) 6.0%
    5) 6.3%
    Answer-2) 6.8%
    Explanation:
    According to CRISIL’s India Outlook 2024 Report titled “Growth Marathon – Emerging Sectors, investments, efficiency gains priming India’s medium term pace (March 2024)”, India’s real GDP growth will likely moderate to 6.8% in fiscal 2025. This follows the 7.6% expansion in FY24.
    ii. The report noted that interest rates and lower fiscal impulses will temper demand and bring down the growth to 6.8% from 7.6% estimated in FY24.

  8. In March 2024, Gustavo Lino Adrianzen Olaya was sworn in as Prime Minister (PM) of __________ (country).
    1) Venezuela
    2) Chile
    3) Ecuador
    4) Costa Rica
    5) Republic of Peru
    Answer-5) Republic of Peru
    Explanation:
    Gustavo Lino Adrianzen Olaya was sworn in as Prime Minister (PM) or President of the Council of Ministers (PCM) of the Republic of Peru with effect from 6th March 2024.
    i. The swearing-in ceremony was led by the President of Peru, Dina Boluarte at the Government Palace in Lima, Peru.
    ii. Gustavo Adrianzen succeeded Alberto Otarola who resigned from the post on 05th March 2024 due to a political scandal.

  9. Who has been recently (in March ‘24) named as the 12th nominated Member of Parliament (MP) in the Upper House of Parliament (Rajya Sabha)?
    1) Rajashree Birla
    2) Roshni Nadar
    3) Sudha Murty
    4) Rohini Nilekani
    5) Anu Aga
    Answer-3) Sudha Murty
    Explanation:
    The President of India, Droupadi Murmu has nominated renowned author, Indian philanthropist & Padma Awardee Sudha Murty as the 12th nominated Member of Parliament (MP) in the Upper House of Parliament (Rajya Sabha (RS)).
    i. She received several awards including Padma Shri (the 4th highest civilian award) in 2006 and Padma Bhushan (the third highest civilian award) in 2023 for Social Work.

  10. The________ Central Industrial Security Force (CISF) Raising Day observed across India on 10th March 2024.
    1) 52nd
    2) 55th
    3) 49th
    4) 40th
    5) 50th
    Answer-2) 55th
    Explanation:
    The 55th Central Industrial Security Force (CISF) Raising Day was observed across India on 10th March 2024 to honour the contributions and sacrifices of the CISF personnel in providing security to public sector undertakings (PSUs), and critical infrastructure.
    i. CISF commemorates its 55th Raising Day on 12 March 2024, in the steel city of Bhilai, Chhattisgarh for the first time.
    ii. Nityanand Rai, Minister of State, MoHA will grace the celebration as the chief guest.