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Current Affairs Quiz: 14,15 & 16 January 2024

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 14,15 & 16 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.

  1. The Indian Army was officially declared 2024 as the ________________.
    1) Year of Transformation
    2) Year of Technology Absorption
    3) Year of Cyber Operation
    4) Year of Digital Transformation
    5) Year of Border Security
    Answer-2) Year of Technology Absorption
    Explanation:
    The Indian Army has officially declared 2024 as the “Year of Technology Absorption“, symbolising a dedicated commitment to integrating cutting-edge technologies, fostering development, and promoting innovation.
    • The objective is to transform the Indian Army into a modern and agile force, with a strong emphasis on indigenization.

  2. In January 2024, ___________ became the first International Organization for Standardization (ISO) / International Electrotechnical Commission (IEC) 27001:2022 certified petrochemical organisation in India.
    1) Haldia Petrochemicals Limited
    2) Reliance Petroleum Limited
    3) Indian Oil Corporation Limited
    4) Savita Oil Technologies Limited
    5) Supreme Petrochem Limited
    Answer-1) Haldia Petrochemicals Limited
    Explanation:
    Haldia Petrochemicals Limited (HPL) has become the first International Organization for Standardization (ISO) / International Electrotechnical Commission (IEC) 27001:2022 certified petrochemical organisation in India.
    i. The certification was awarded by the United Kingdom (UK) based certification body, British Standards Institution (BSI) in a ceremony held in Kolkata, West Bengal (WB).

  3. Which Tiger Reserve has recently (in Jan ‘24) designated as India’s first Dark Sky Park and Asia’s fifth park for protecting the night sky?
    1) Corbett Tiger Reserve (Uttarakhand)
    2) Bandipur Tiger Reserve (Karnataka)
    3) Pench Tiger Reserve (Maharashtra)
    4) Simlipal Tiger Reserve (Odisha)
    5) Kaziranga Tiger Reserve (Assam)
    Answer-3) Pench Tiger Reserve (Maharashtra)
    Explanation:
    The Pench Tiger Reserve (PTR) in Maharashtra has been designated as India’s first Dark Sky Park and Asia’s fifth park for protecting the night sky and preventing light pollution, making the place ideal for astronomy enthusiasts.
    i. The Dark Sky Place certification focuses on lighting policy, dark sky-friendly retrofits, outreach and education, and monitoring the night sky.

  4. Name the bank that has recently (in Jan ‘24) signed an MoU with the Ministry of Rural Development (MoRD) to provide loans to rural Self-Help Groups (SHGs).
    1) Union Bank of India
    2) State Bank of India
    3) Indian Bank
    4) Canara Bank
    5) Bank of Baroda
    Answer-2) State Bank of India
    Explanation:
    The Ministry of Rural Development (MoRD) and State Bank of India (SBI) have signed a Memorandum of Understanding (MoU) to provide loans to rural Self-Help Groups (SHGs).
    i. SBI launched Svyam Siddha, a specialised financial product developed exclusively for women Self-Help Groups (SHGs) to provide access to financial assistance up to Rs 5 lakh to women entrepreneurs.
    ii. The Training Toolkit Package was launched to encourage SHG women entrepreneurs to get access to formal financial assistance in the form of loans. Click here to read more

  5. Which bank has recently (in Jan ‘24) partnered with the FPL Technologies Private Limited, Visa & National Payments Corporation of India (NPCI) to launch a co-branded credit card?
    1) Canara Bank
    2) State Bank of India
    3) Bank of Baroda
    4) Bank of Maharashtra
    5) Indian Bank
    Answer-5) Indian Bank
    Explanation:
    Indian Bank in partnership with firms namely FPL Technologies Private Limited, Visa & National Payments Corporation of India (NPCI) has launched the ‘Indian Bank One co-branded credit card’ to offer customised features to Indian consumers.
    • The metal credit card is powered by Visa and RuPay contactless technology.

  6. Name the Bank that has recently (in Jan ‘24) launched a special Fixed Deposit (FD) scheme to mobilise funds for environment-friendly projects and initiatives.
    1) Punjab National Bank
    2) Bank of India
    3) State Bank of India
    4) Indian Bank
    5) Bank of Maharashtra
    Answer-3) State Bank of India
    Explanation:
    The State Bank of India (SBI) launched a special Fixed Deposit (FD) scheme named SBI Green Rupee Term Deposit (SGRTD), to mobilise funds for environment-friendly projects and initiatives.
    i. The SGRTD scheme is open to Resident individuals, Non-individuals, and Non-Resident Indians (NRIs)

  7. As per the World Employment and Social Outlook: Trends 2024 report released by the International Labour Organization (ILO) in January 2024, the global unemployment rate will increase to ________ in 2024.
    1) 5.4%
    2) 5.2%
    3) 5.5%
    4) 5.6%
    5) 5.3%
    Answer-2) 5.2%
    Explanation:
    The International Labour Organization (ILO) has released a report titled “World Employment and Social Outlook: Trends 2024”. The report projected a slight increase in the global unemployment rate to 5.2% in 2024 as compared to 5.1% in 2023.
    i. The report predicted that the number of unemployed individuals will increase by 2 million at global level in 2024.

  8. According to a PHD Chamber of Commerce and Industry (PHDCCI) report released in January 2024, India’s Gross domestic product (GDP) is expected to surpass USD ___________ in 2024-2025.
    1) 4 trillion
    2) 7 trillion
    3) 3 trillion
    4) 2 trillion
    5) 6 trillion
    Answer-1) 4 trillion
    Explanation:
    According to a PHD Chamber of Commerce and Industry (PHDCCI) report, India’s Gross domestic product (GDP) is expected to surpass USD 4 trillion in 2024-2025 and reach USD 5 trillion by 2026-2027.
    • It also projected India’s GDP to reach USD 7 trillion by 2030, as India is committed to attaining the status of a developed economy by 2047 under the initiative of ‘Viksit Bharat’.

  9. In January 2024, Researchers from the National Centre for Biological Sciences (NCBS) discovered a new butterfly species, Cigaritis conjuncta in Bramhagiri Wildlife Sanctuary, ____________ (state).
    1) Odisha
    2) Jharkhand
    3) Karnataka
    4) Maharashtra
    5) Madhya Pradesh
    Answer-3) Karnataka
    Explanation:
    Researchers from the National Centre for Biological Sciences (NCBS) in Bengaluru, Karnataka, have discovered a new butterfly species Cigaritis conjuncta (also known as Conjoined Silverline butterfly) in Bramhagiri Wildlife Sanctuary in Kodagu district (also known as Coorg), Karnataka.
    i. The new species is named after its most “unique” feature: the “conjoined” bands on its wings.

  10. Which state government has recently (in Jan ‘24) launched a ‘Mukhya Mantri Mahila Udyamita Abhiyan’ scheme to develop 4 million Self-Help-Group (SHG) women as rural micro-entrepreneurs?
    1) Gujarat
    2) Assam
    3) West Bengal
    4) Odisha
    5) Madhya Pradesh
    Answer-2) Assam
    Explanation:
    The Chief Minister (CM) of Assam Himanta Biswa Sarma launched a ‘Mukhya Mantri Mahila Udyamita Abhiyan’ scheme to develop 4 million Self-Help-Group (SHG) women as rural micro-entrepreneurs and help them become ‘lakhpati baidos (elder sister)’.
    • The outlay of the scheme is Rs 4,000 crore and will be offered to SHG members who are committed to personal business plans along with their group activity.