AffairsCloud brings you the complete and important daily Current Affairs Quiz 13 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 which Indian Institute of Management (IIM), Union Minister of Education, Dharmendra Pradhan has recently (in March ‘24) inaugurated ‘I-Hub Foundation’?
1) IIM Indore
2) IIM Sambalpur
3) IIM Ahmedabad
4) IIM Calcutta
5) IIM LucknowAnswer- 2) IIM Sambalpur
Explanation:
Union Minister Dharmendra Pradhan, Ministry of Education (MoE), has inaugurated ‘I-Hub Foundation’ during the 100 Cube Startup Conclave held at Indian Institute of Management (IIM) Sambalpur in Odisha on 1st March 2024.
i. During the conclave, IIM Sambalpur signed a MoU with IG Drones, India’s premier Drone Tech and Analytics company to collaborate on cutting-edge applications of drone technology, specifically focusing on areas such as Business Analytics, Management Strategies, and Public Policy.
Under this MoU, IG Drones will launch the first ever drone centre of excellence (CoE) at Delhi Campus of IIM Sambalpur. Click here to read more - In March 2024, India and European Free Trade Association (EFTA) signed a Trade and Economic Partnership Agreement (TEPA) commiting an investment of USD ______________ over 15 years.
1) 300 billion
2) 500 billion
3) 200 billion
4) 400 billion
5) 100 billionAnswer- 5) 100 billion
Explanation:
On 10th March 2024, India and European Free Trade Association (EFTA), signed a Trade and Economic Partnership Agreement (TEPA) commiting an investment of USD 100 billion over 15 years.
Under the TEPA, EFTA commits to promote investments to increase the stock of foreign direct investments (FDI) in India.
This will also facilitate the creation of 1 million direct employment in India. - Which company has recently (in March ‘24) signed a 5 year MoU with the National Highways Authority of India (NHAI) to strengthen the Incident Management System (IMS) on the National Highways (NHs)?
1) Fortis Healthcare Limited
2) HLL Lifecare Limited
3) Max Healthcare Limited
4) Omega Healthcare Limited
5) Jorie Healthcare LimitedAnswer-2) HLL Lifecare Limited
Explanation:
On March 8, 2024, the National Highways Authority of India (NHAI) has signed a 5-year Memorandum of Understanding (MoU) with HLL Lifecare Limited to provide immediate assistance to accidents victims and to strengthen NHAI’s Incident Management System (IMS) on the National Highways (NHs).
i. Under this MoU, NHAI will strengthen its existing Incident Management System. The system includes Ambulances, Route Patrol Vans & Cranes, real time tracking, and supportive supervision. - In March 2024, the Securities Exchange Board of India (SEBI) introduced amendments to the Real Estate Investment Trusts (REITs) Regulations 2014 namely ‘SEBI (REIT) (Amendment) Regulations 2024’.
The initial offering for an SM REIT requires a minimum subscription amount of Rs __________ per investor.
1) 15 lakh
2) 20 lakh
3) 10 lakh
4) 25 lakh
5) 12 lakhAnswer- 3) 10 lakh
Explanation:
The Securities Exchange Board of India (SEBI) has introduced amendments to the Real Estate Investment Trusts (REITs) Regulations 2014 namely ‘SEBI (REIT) (Amendment) Regulations 2024’. This will establish guidelines for creation of Small and Medium REITs, or SM REITs.
i. SM REITs can raise funds starting from Rs 50 crore by issuing units to a minimum of 200 investors for acquiring and managing real estate assets, generating income for investors.
ii. The initial offering for an SM REIT requires a minimum subscription amount of Rs 10 lakh per investor, lower than the usual Rs 25 lakh. - How many units of the Indian Air Force (IAF) have recently (in March ‘24) received the President’s Standards and Colours, presented by Droupadi Murmu, President of India?
1) 6 Units
2) 4 Units
3) 2 Units
4) 5 Units
5) 3 UnitsAnswer-2) 4 Units
Explanation:
On 8th March 2024, Droupadi Murmu, President of India, presented the President’s Standards and Colours to four units of the Indian Air Force (IAF) at the ceremony held at Hindon Air Force station, Ghaziabad, Uttar Pradesh(UP).
For the first time, 4 units were honoured with the President’s Standard & Colours in a single ceremony.
i. President’s Standard were presented to No. 45 ‘Flying Daggers’, the first Light Combat Aircraft (LCA) squadron, and No. 221 Squadron ‘Valiants’ which flew several missions during the 1999 Kargil conflict.
ii. President’s Colours were presented to 11 Base Repair Depot (BRD) and 509 Signal Unit (SU). - In March 2024, India successfully conducted the 1st flight test of an indigenously developed Agni-5 ballistic missile with Multiple Independently Targetable Re-entry Vehicle (MIRV) technology under _____________ (Mission).
1) Mission Divyastra
2) Mission Lakshya
3) Mission Nishant
4) Mission Rustom
5) Mission ShaktiAnswer-1) Mission Divyastra
Explanation:
On 11 March 2024, India successfully conducted the 1st flight test of an indigenously developed Agni-5 ballistic missile by the Defence Research and Development Organisation (DRDO), equipped with Multiple Independently Targetable Re-entry Vehicle (MIRV) technology from DR. APJ Abdul Kalam Island off the coast of Odisha.
The flight test was conducted as part of India’s nuclear-capable missile named Mission Divyastra (divine weapon).
With the flight test of Mission Divyastra, India has joined the select group of nations that have MIRV capability. - In March 2024, Deepak Mohanty, Chairperson of the Pension Fund Regulatory and Development Authority (PFRDA), inaugurated the National Pension System (NPS) web application for Financial Inclusion.
Which company developed the NPS Web application?
1) Edelweiss Broking Ltd
2) Karvy Stock Broking Ltd
3) Zerodha Broking Ltd
4) Religare Broking Ltd
5) Angel Broking LtdAnswer-3) Zerodha Broking Ltd
Explanation:
Deepak Mohanty, Chairperson of the Pension Fund Regulatory and Development Authority (PFRDA), inaugurated the National Pension System (NPS) web application developed by Bengaluru(Karnataka) based Zerodha Broking Limited.
i. The app offers seamless access to NPS for users, allowing them to easily manage their NPS accounts. - In which state, Prime Minister (PM) Narendra Modi has recently (in March ‘24) launched the Mahatari Vandana Yojana to uplift and economically empower women?
1) Chhattisgarh
2) Maharashtra
3) Madhya Pradesh
4) Jharkhand
5) West BengalAnswer-1) Chhattisgarh
Explanation:
Prime Minister (PM) Narendra Modi launched the Mahatari Vandana Yojana in Chhattisgarh, aiming to uplift and economically empower women in the state. The PM also disbursed Rs 655 crore, as the first installment of the Mahatari Vandana Yojana.
i. Objective: This scheme aims to provide financial assistance of Rs 1000 per month to eligible married women of the state through monthly Direct Benefit Transfer (DBT). - In March 2024, Bichom was inaugurated as __________ District of Arunachal Pradesh.
1) 23rd
2) 26th
3) 25th
4) 27th
5) 24thAnswer-4) 27th
Explanation:
On 8th March 2024, Pema Khandu, Chief Minister (CM) of Arunachal Pradesh, inaugurated Bichom, the 27th district of Arunachal Pradesh and laid the foundation of its headquarters at Napangphung.
The new district Bichom was carved out of West Kameng and East Kameng districts. - Which state’s Department of Industries & Commerce has recently (in March ‘24) signed an MoU with the YES Bank Limited and Sellmetric Private Limited to utilize Open Network for Digital Commerce (ONDC) platform?
1) Assam
2) Nagaland
3) Tripura
4) Mizoram
5) Arunachal PradeshAnswer- 2) Nagaland
Explanation:
The Department of Industries & Commerce (DoIC), Government of Nagaland have signed a Memorandum of Understanding (MOU) with YES Bank Limited and Sellmetric Private Limited to facilitate digital sales for small businesses, farmers, and entrepreneurs, through the Open Network for Digital Commerce (ONDC) platform.
i. DoIC is the Nodal department for promoting and advancing the implementation of ONDC initiatives within Nagaland.
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