AffairsCloud brings you the complete and important daily Current Affairs Quiz 16 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.
- Which of the following points is/are “correct” with respect to the cabinet approval on 13th March 2024?
A) The Union Cabinet Chaired by PM Narendra Modi approved two new Delhi Metro corridors connecting Lajpat Nagar to G Block in Saket and Inderlok to Indraprastha Costing Rs 8,399 crore.
B) The Union Cabinet has approved the signing of the MoU between India and Bhutan on extending cooperation in the fields of energy efficiency and energy conservation measures.
C) The Union Cabinet approved the signing of the MoU between the Government of India and the Royal Government of Bhutan on the General Supply of Petroleum, Oil, Lubricants (POL) and related products from India to Bhutan.
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 Union Cabinet chaired by Prime Minister (PM) Narendra Modi approved the following proposals on 13th March 2024:
i. The Union Cabinet Chaired by PM Narendra Modi approved two new Delhi Metro corridors connecting Lajpat Nagar to G Block in Saket and Inderlok to Indraprastha Costing Rs 8,399 crore.
ii. The Union Cabinet, chaired by PM Narendra Modi, has approved the signing of the Memorandum of Understanding (MoU) between India and Bhutan on extending cooperation in the fields of energy efficiency and energy conservation measures.
It was signed between the Bureau of Energy Efficiency (BEE), Ministry of Power, Government of India, and Department of Energy, Ministry of Energy and Natural Resources, Royal Government of Bhutan.
iii. The Union Cabinet approved the signing of the MoU between the Government of India and the Royal Government of Bhutan on the General Supply of Petroleum, Oil, Lubricants (POL) and related products from India to Bhutan. - Which company/organisation has recently (in March ‘24) signed a tripartite MoU with Open Network for Digital Commerce (ONDC) to proliferate affordable and accessible digital services across India?
1) Universal Service Obligation Fund
2) Prasar Bharati
3) Doordarshan
4) Both 1 & 2
5) Both 1 & 3Answer-4) Both 1 & 2
Explanation:
Universal Service Obligation Fund (USOF) has signed a tripartite Memorandum of Understanding (MoU) with Prasar Bharati and Open Network for Digital Commerce (ONDC) to proliferate affordable and accessible digital services across India.
Aim: To provide broadband services with OTT (over-the-top)and e-commerce platform for rural India using BharatNet infrastructure under USOF.
i. Union Minister Anurag Singh Thakur, Ministry of Information & Broadcasting(MIB), has launched Prasar Bharti – Shared Audio Visuals for Broadcast and Dissemination (PB-SHABD), a news sharing service from Prasar Bharati, during an event held in National Media Centre, New Delhi, Delhi.
He also launched the websites of Doordarshan (DD) News and Akashvani News; and the updated News on Air mobile application. Click here to read more - In which city, Union Minister of State (MoS) for Science and Technology, Jitendra Singh has inaugurated the first-of-its-kind “National Speed Breeding Crop Facility” in March 2024?
1) Mohali, Punjab
2) Dibrugarh, Assam
3) Roorkee, Uttarakhand
4) Rourkela, Odisha
5) Asansol, West BengalAnswer-1) Mohali, Punjab
Explanation:
Dr. Jitendra Singh, Union Minister of State (MoS) (Independent Charge) for Science and Technology, inaugurated the first-of-its-kind “National Speed Breeding Crop Facility”, at the National Agri-Food Biotechnology Institute (NABI) Mohali, Punjab.
This facility is aligned with the Government of India’s (GoI) vision to double farmers’ income, ensure economic empowerment, and foster Agri-StartUps.
This will enable the farmers to enhance both the quality and quantity of their crops through this facility. - In March 2024, the Ministry of Home Affairs (MoHA) officially designated __________ of every year as Hyderabad Liberation Day.
1) 16th August
2) 17th September
3) 15th May
4) 17th March
5) 15th JuneAnswer-2) 17th September
Explanation:
On 12th March 2024, the Ministry of Home Affairs (MoHA), Government of India (GoI), issued a gazette notification, officially designating September 17 of every year as Hyderabad Liberation Day.
The Day marks the integration of the erstwhile princely State of Hyderabad into the Indian Union in 1948.
Note: Hyderabad remained under the rule of Mir Osman Ali Khan, Nizam of Hyderabad, for 13 months post-independence on 15th August 1947. - Name the Indian Institute of Technology (IIT) that has recently (in March ‘24) signed an MoU with the Ministry of Rural Development (MoRD) to monitor MGNREGA assets using geospatial technology and Artificial Intelligence (AI).
1) IIT Madras
2) IIT Kanpur
3) IIT Bombay
4) IIT Guwahati
5) IIT DelhiAnswer- 5) IIT Delhi
Explanation:
Ministry of Rural Development (MoRD) has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology Delhi (IIT – Delhi), New Delhi, Delhi for leveraging the use of geospatial technology and Artificial Intelligence (AI) to monitor assets under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA).
The partnership aims to utilise the power of technology for the betterment of rural development processes. - In March 2024, L&T Finance Holdings Ltd. signed a loan agreement with Japan International Cooperation Agency (JICA) for USD _________ to improve financial access in India’s lagging states.
1) 125 million
2) 110 million
3) 100 million
4) 130 million
5) 145 millionAnswer- 1) 125 million
Explanation:
On March 12, 2024, a loan agreement ceremony was held between the L&T Finance Holdings Ltd. (LTFH) and Japan International Cooperation Agency (JICA) in Mumbai, Maharashtra. This follows the signing of a loan agreement in December 2023 by LTFH with JICA for up to USD 125 million to improve financial access in India’s lagging states.
The project was arranged by the Asian Development Bank (ADB) who co-financed the funding amount.
i. The lagging states include 10 states with poverty rates above 10% viz. Assam, Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Odisha, Rajasthan, Tripura, Uttar Pradesh (UP) and West Bengal (WB). - Name the bank that has recently (in March ‘24) launched ‘Vikas Spoorty’, a new loan scheme to strengthen the rural credit delivery system.
1) Assam Gramin Vikash Bank
2) Madhya Pradesh Gramin Bank
3) Andhra Pradesh Grameena Vikas Bank
4) Himachal Pradesh Gramin Bank
5) Karnataka Vikas Grameena BankAnswer-5) Karnataka Vikas Grameena Bank
Explanation:
Karnataka Vikas Grameena Bank (KVGB) has launched a new loan scheme called ‘Vikas Spoorty’ to strengthen the rural credit delivery system and to motivate the common man to take up income-generating activities on a smaller scale.
The scheme was launched by Shreekanth M Bhandiwad, Chairman of KVGB in an event held in Dharwad, Karnataka.
Under this scheme, people may avail loans ranging from a minimum of Rs 50,000 to a maximum of Rs 2 lakh. - Which of the following points is/are “correct” with respect to the recent step taken by the Reserve Bank of India (RBI) in March 2024?
A) RBI barred Federal Bank and South Indian Bank from issuing co-branded credit cards to new customers on account of regulatory deficiencies.
B) RBI has imposed a monetary penalty of Rs 1.4 crore on Bank of India (BOI) for non-compliance with certain regulatory norms.
C) RBI also imposed a penalty of Rs 29.55 lakh on Bank of Maharashtra for non-compliance with certain directions on ‘RBI (Interest Rate on Deposits) Directions, 2016’.
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C
5) All A, B & CAnswer-2) Only A & B
Explanation:
On March 12, 2024, the Reserve Bank of India (RBI) barred Federal Bank and South Indian Bank from issuing co-branded credit cards to new customers on account of regulatory deficiencies.
RBI in exercise of its powers conferred under the provisions of section 47 A (1) (c) read with sections 46 (4) (i) and 51(1) of the Banking Regulation (BR) Act, 1949 and section 25(1)(iii) read with section 23(4) of the Credit Information Companies/CIC (Regulation) Act, 2005 has imposed a monetary penalty of Rs 1.4 crore on Bank of India (BOI) for non-compliance with certain regulatory norms..
RBI in exercise of powers vested in RBI conferred under the provisions of section 47A(1)(c) read with section 46(4)(i) of the BR Act, 1949 also imposed a penalty of Rs 29.55 lakh on Bandhan Bank Ltd (BDN) for non-compliance with certain directions on ‘RBI (Interest Rate on Deposits) Directions, 2016’. - Who has recently (in March ‘24) won the Miss World 2024 title at the 71st Miss World Pageant?
1) Megan Young (Philippines)
2) Mireia Lalaguna (Spain)
3) Karolina Bielawska (Poland)
4) Toni-Ann Singh (Jamaica)
5) Krystyna Pyszkova (Czech Republic)Answer-5) Krystyna Pyszkova (Czech Republic)
Explanation:
Krystyna Pyszkova from the Czech Republic won the Miss World 2024 title at the 71st Miss World Pageant held in the Jio World Convention Centre in Mumbai, Maharashtra. Yasmina Zaytoun of Lebanon secured the 1st runner up position.
Krystyna Pyszkova was crowned by Poland’s Karolina Bielawska, Miss world 2022.
She is the second Miss World from the Czech Republic after Tatana Kucharova, Miss World 2006.
Note- Reliance Foundation Chairperson Nita Ambani was honoured with the ‘Beauty with a Purpose Humanitarian Award’ as recognition for her commitment to philanthropy and social work. - When was the United Nations (UN) International Day to Combat Islamophobia 2024 observed across the globe?
1) 12th March 2024
2) 15th March 2024
3) 13th March 2024
4) 11th March 2024
5) 14th March 2024Answer-2) 15th March 2024
Explanation:
The 2nd United Nations (UN) International Day to Combat Islamophobia 2024 was observed across the globe on 15th March 2024 to raise awareness and combat hate crimes, and other forms of intolerance against Muslims.
The first-ever International Day to Combat Islamophobia was observed on 15 March 2023. Click here to read more
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