AffairsCloud brings you the complete and important daily Current Affairs Quiz 16 February 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 February 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.
- Which of the following points is/are “correct” with respect to the contract signed by the Ministry of Defence (MoD) in February 2024?
A) MoD has signed a contract with Bharat Electronics Limited to procure 11 Shakti Electronic Warfare Systems (EWS) along with associated equipment / accessories for the Indian Navy (IN) at a cost of Rs 2,167.47 crore.
B) The EWS will be designed and developed by Defence Electronics Research Laboratory (DLRL) Hyderabad, Telangana.
C) MoD also signed a Rs 1752.13 crores contract with the Advanced Weapons and Equipment India Limited(AWEIL) for the manufacturing and supply of 463 Stabilised Remote Control Guns (SRCG) for the Indian Navy and Indian Coast Guard (ICG).
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C
5) All A, B & CAnswer-5) All A, B & C
Explanation:
The Ministry of Defence (MoD) has signed a contract with Bharat Electronics Limited (BEL) to procure 11 Shakti Electronic Warfare Systems (EWS) along with associated equipment / accessories for the Indian Navy (IN) at a cost of Rs 2,167.47 crore.
The EWS will be designed and developed by Defence Electronics Research Laboratory (DLRL) Hyderabad, Telangana, is a laboratory of Defence Research and Development Organisation (DRDO).
i. MoD also signs Rs 1752.13 crores contract with the Advanced Weapons and Equipment India Limited(AWEIL), Kanpur, Uttar Pradesh (UP) for the manufacturing and supply of 463 indigenously manufactured 12.7 mm Stabilised Remote Control Guns (SRCG) for the Indian Navy and Indian Coast Guard (ICG). Click here to read more - Which of the following points is/are “correct” with respect to the National Film Awards regulations, revised by the Ministry of Information and Broadcasting (MIB) in February 2024?
A) The ‘Indira Gandhi Award for Best Debut Film of a Director’ has been renamed ‘Best Debut Film of a Director’.
B) The ‘Nargis Dutt Award for Best Feature Film on National Integration’ has been renamed as ‘Best Feature Film Promoting National, Social, and Environmental Values’.
C) The prize money for the Dadasaheb Phalke Award has been increased from Rs 10 lakh to Rs 20 lakh.
1) All A, B & C
2) Only A & B
3) Only B & C
4) Only A & C
5) Only AAnswer-2) Only A & B
Explanation:
The Ministry of Information and Broadcasting (MIB) has revised the National Film Awards regulations and made significant changes, including renaming awards, merging categories, and increasing prize money.
i. The ‘Indira Gandhi Award for Best Debut Film of a Director’ has been renamed ‘Best Debut Film of a Director’. The award includes a Swarna Kamal and cash award of Rs 3 lakh which will be presented to the director of the film.
ii. The ‘Nargis Dutt Award for Best Feature Film on National Integration’ has been clubbed with ‘Best Film on Social Issues’ and ‘Best Film on Environment Conservation/Preservation’. The newly formed award is named ‘Best Feature Film Promoting National, Social, and Environmental Values’.
iii. The prize money for the Dadasaheb Phalke Award, which is presented every year to an Indian film personality for their outstanding contribution to Indian cinema, has been increased from Rs 10 lakh to Rs 15 lakh. Click here to read more - Which organisation/Government agency has recently (in Feb ‘24) launched the Greening and Restoration of Wasteland with Agroforestry (GROW) Report and Portal?
1) Food and Agriculture Organization
2) NITI Aayog
3) National Bank for Agriculture and Rural Development
4) Indian Council of Agricultural Research
5) World Agroforestry CentreAnswer-2) NITI Aayog
Explanation:
On February 12, 2024, NITI Aayog (National Institution for Transforming India) launched the Greening and Restoration of Wasteland with Agroforestry (GROW) initiative, which includes GRWO report and portal at NITI Aayog headquarters in New Delhi, Delhi.
i. The GROW-Suitability Mapping portal on Bhuvan will allow universal access to state and district-level data.
ii. The report, developed under the leadership of NITI Aayog, used remote sensing and Geographic Information Systems (GIS) technologies to assess the suitability of agroforestry practices across all districts of India. - According to the 21st quarterly Periodic Labour Force Survey (PLFS) bulletin for October-December 2023 (Q3FY24) released by the National Sample Survey Office (NSSO) in February 2024, India’s urban unemployment rate (UR) declined to __________ during Q3FY24.
1) 6.2%
2) 6.9%
3) 6.7%
4) 6.3%
5) 6.5%Answer-5) 6.5%
Explanation:
The National Sample Survey Office (NSSO), Ministry of Statistics and Programme Implementation (MoSPI) released its 21st quarterly Periodic Labour Force Survey (PLFS) bulletin for October-December 2023 (Q3FY24).
i. As per it, India’s urban unemployment rate (UR) in Current Weekly Status (CWS) terms for persons aged 15 years and above declined to 6.5% during Q3FY24 which is the lowest level in over 4 years.
It was 6.6% in Q2FY24, and 7.2% in Q3FY23.
It was high at 12.6% recorded in the Covid-affected April-June quarter of FY22 (Q1FY22). Click here to read more - Which Mutual Fund company has recently (in Feb ‘24) launched India’s 1st Multi Factor-based Exchange Traded Fund (ETF) on Nifty Smallcap250 Index?
1) Nippon India Mutual Fund
2) Motilal Oswal Mutual Fund
3) Mirae Asset Mutual Fund
4) UTI Mutual Fund
5) Birla Sun Life Asset FundAnswer- 3) Mirae Asset Mutual Fund
Explanation:
Mirae Asset Mutual Fund launched 2 passive smallcap funds namely ‘Mirae Asset Nifty Smallcap 250 Momentum Quality 100 Exchange Traded Fund (ETF)’ and ‘Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund-of-Fund(FoF)‘.
i. These are India’s 1st multi-factor-based ETF on the Nifty Smallcap 250 Index which aim to provide investors with sector-agnostic exposure within the smallcap category, employing a unique blend of factors for wealth creation. - Name the company that has recently (in Feb ‘24) signed an Rs. 588 crores worth agreement with the Damodar Valley Corporation (DVC) to strengthen infrastructure and energy projects in the Damodar Valley region.
1) REC Limited
2) NTPC Limited
3) Power Finance Corporation
4) Coal India Limited
5) Oil and Natural Gas Corporation LimitedAnswer-1) REC Limited
Explanation:
REC Limited (formerly Rural Electrification Corporation Limited) has signed agreements worth Rs. 588 crores with Damodar Valley Corporation (DVC), a Public Sector Enterprise (PSE) under the Ministry of Power (MoP), to strengthen infrastructure and energy projects in the Damodar Valley region (West Bengal and Jharkhand).
i. This agreement includes a Term Loan agreement, an Escrow agreement, and Hypothecation deeds. - To which country, India has recently (in Feb ‘24) handed over the Chess Olympiad torch to host the 45th edition of the Chess Olympiad 2024 in September 2024?
1) Germany
2) Hungary
3) Uzbekistan
4) Georgia
5) NorwayAnswer-2) Hungary
Explanation:
India has officially handed over the Chess Olympiad torch to Hungary, which is set to host the 45th edition of the Chess Olympiad 2024 from 10th to 23rd September 2024 in Budapest, Hungary.
i. The handover ceremony was held at Major Dhyan Chand National Stadium in New Delhi, Delhi, on 14th February 2024. - What was the theme of United Nations (UN) World Radio Day (WRD) 2024 that was observed across the globe on 13th February 2024?
1) Radio is You
2) Radio and Peace
3) Radio: A century informing, entertaining and educating
4) Radio and Trust
5) New World, New Radio – Evolution, Innovation, ConnectionAnswer-3) Radio: A century informing, entertaining and educating
Explanation:
The 13th United Nations (UN) World Radio Day (WRD) 2024 was observed across the globe on 13th February 2024 with the theme of “Radio: A century informing, entertaining and educating”.
i. On the occasion of WRD 2024, Union Minister Anurag Singh Thakur, Ministry of Information and Broadcasting (MIB) unveiled revised policy guidelines to enhance the setup of Community Radio Stations (CRS) in India.
The guidelines were released during the 2-day Regional Community Radio Sammelan (South) at Anna University, Chennai, Tamil Nadu. Click here to read more - In February 2024, the Chief Minister (CM) of Goa, Pramod Sawant presented Rs __________ budget for Financial Year 2024-25 (FY25).
1) 26,850.56 crore
2) 12,290.12 crore
3) 30,190.20 crore
4) 42,872.10 crore
5) 15,670.30 croreAnswer-1) 26,850.56 crore
Explanation:
The Chief Minister (CM) of Goa Pramod Sawant, who also holds the finance portfolio of the state, presented Rs 26,850.56 crore budget for Financial Year 2024-25 (FY25) with no additional taxes at the Goa State Legislative Assembly Complex in Porvorim, Bardez in Goa. It was his 5th budget.
i. The Gross State Domestic Product (GSDP) for FY25 is projected at Rs 1,21,309.02 crore at current prices with a growth rate of 13.87% as compared to FY24 and a Per Capita Income of Rs 7.64 lakh. Click here to read more - In February 2024, Kaji Nemu was declared as the State Fruit of ___________.
1) Nagaland
2) Tripura
3) Mizoram
4) Assam
5) OdishaAnswer-4) Assam
Explanation:
The Government of Assam has declared Kaji Nemu (Citrus Limon) as the State Fruit of Assam. The announcement was made by Assam’s Agriculture Minister Atul Bora, following a Cabinet meeting. Kaji Nemu is also known as the “Queen of all citrus fruits”
i. Kaji Nemu is a medium-to-large variety of lemon that has an elongated, oblong, elliptic, to obovate shape.
ii. In 2019, Kaji nemu received the Geographical Indication (GI) tag as ‘Agricultural’ Goods.
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