AffairsCloud brings you the complete and important daily Current Affairs Quiz 17 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 ‘Incorrect’ with respect to the 2nd edition of India Energy Week (IEW 2024) held at Goa in February 2024?
1) Indian Oil Market Outlook to 2030 report released by International Energy Agency (IEA) stated that India is set to become the single largest source of global oil demand growth from 2023 to 2030.
2) NITI Aayog and the Embassy of the Kingdom of the Netherlands released a report titled “Liquefied Natural Gas as a transportation fuel in Medium and Heavy Commercial Vehicle”.
3) India signed the biggest-ever deal worth USD 78 billion to extend LNG imports from Qatar for 20 years from 2029 to 2048 at lower than current rates.
4) Indian Oil Corporation Limited unveiled the 1st indigenous alkaline electrolyser in India
5) Indraprastha Gas Limited (IGL) has signed an MoU with two technology partners to set up 19 Compressed Biogas (CBG) Plants across Delhi, Haryana, Rajasthan, and Uttar Pradesh(UP).Answer-4) Indian Oil Corporation Limited unveiled the 1st indigenous alkaline electrolyser in India
Explanation:
The 2nd edition of India Energy Week (IEW 2024) was held from 6th to 9th February 2024 at the Institute of Petroleum Safety, Health and Environment Management (IPSHEM)-Oil and Natural Gas Corporation (ONGC) Training Institute, South Goa, Goa.
The International Energy Agency (IEA) released a report titled “Indian Oil Market Outlook to 2030” which stated that India is set to become the single largest source of global oil demand growth from 2023 to 2030.
NITI Aayog and the Embassy of the Kingdom of the Netherlands released a report titled “LNG (Liquefied Natural Gas) as a transportation fuel in Medium and Heavy Commercial Vehicle”.
India signed the biggest-ever deal worth USD 78 billion to extend LNG imports from Qatar for 20 years from 2029 to 2048 at lower than current rates.
Bharat Petroleum Corporation Limited (BPCL) unveiled the 1st indigenous alkaline electrolyser in India.
Indraprastha Gas Limited (IGL) has signed an MoU with two technology partners to set up 19 Compressed Biogas (CBG) Plants across Delhi, Haryana, Rajasthan, and Uttar Pradesh(UP). Click here to read more - In which Indian Institute of Technology (IIT), Union Minister of Education, Dharmendra Pradhan has recently (in Feb ‘24) launched the ‘100 Cube’ initiative?
1) IIT Delhi
2) IIT Kanpur
3) IIT Madras
4) IIT Kharagpur
5) IIT BhubaneswarAnswer-5) IIT Bhubaneswar
Explanation:
Union Minister Dharmendra Pradhan, Ministry of Education (MoE) has launched the ‘100 Cube’ initiative during a two-day 100 Cube Start-up Conclave held at Research and Entrepreneurship Park (REP) of the Indian Institute of Technology (IIT) Bhubaneswar, Odisha from 11th to 12th February 2024.
i. Indian Renewable Energy Development Agency Limited (IREDA) and IIT Bhubaneswar have signed a MoU to support innovation and research, technology transfer, and cultivate a thriving start-up ecosystem in the renewable energy sector.
The MoU was signed at the 100 Cube Start-up Conclave. - Which state government has recently (in Feb ‘24) introduced a declaration to strengthen bird conservation initiatives in the South Asian region?
1) Odisha
2) West Bengal
3) Bihar
4) Karnataka
5) MaharashtraAnswer-3) Bihar
Explanation:
The Bihar government has brought out the ‘Patna Declaration’ to strengthen bird conservation initiatives and address the challenges posed by illegal hunting in the South Asian region.
i. The declaration was finalised at the international workshop organised by the Department of Environment, Forest and Climate Change (DEFCC) of Bihar and the Bombay Natural History Society (BNHS).
ii. It also aims to implement the Convention on International Trade in Endangered Species (CITES) at the grassroots level through the Wildlife Protection Action Act of 1972 (as amended in 2022). - Which of the following points is/are “correct” with respect to the recent step taken by the Insurance Regulatory and Development Authority (IRDAI) in February 2024?
A) IRDAI issued an exposure draft of regulations, “IRDAI (Bima Sugam – Insurance Electronic Marketplace) regulations, 2024”, for a digital infrastructure called Bima Sugam.
B) In the Draft regulation, a Not-for-Profit company will be established as per Section 8 of the Companies Act, 2013.
C) IRDAI also proposed to extend the free-look period for insurance policies from 15 days to 30 days to ensure protection of policyholders’ interest.
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:
On 13th February 2024, The Insurance Regulatory and Development Authority (IRDAI) issued an exposure draft regulation, “IRDAI (Bima Sugam – Insurance Electronic Marketplace) regulations, 2024”, for a digital infrastructure called Bima Sugam.
The draft proposed to set up a regulatory framework for establishment, governance, functioning of the Bima Sugam – insurance e-marketplace with the following.
A Not-for-Profit company will be established as per Section 8 of the Companies Act, 2013.
The company will develop and maintain the marketplace to provide service to insurance stakeholders.
i. IRDAI also proposed to extend the free-look period for insurance policies from 15 days to 30 days to ensure protection of policyholders’ interest. Click here to read more - Name the Bank that has recently (in Feb ‘24) launched a new savings account called ‘Stellar Savings Account’.
1) Canara Bank
2) Federal Bank
3) State Bank of India
4) Union Bank of India
5) Bank of BarodaAnswer-2) Federal Bank
Explanation:
Federal Bank Limited has launched a new savings account called ‘Stellar Savings Account’.
i. The account holders are offered with a power-packed eco-friendly Stellar Debit Card which is powered by contactless MasterCard Technology. - Which country’s Central Bank has recently (in Feb ‘24) signed Terms of Reference (ToR) with the Reserve Bank of India (RBI) to integrate the fast payment systems of both countries?
1) Mauritius
2) Bhutan
3) Sri Lanka
4) Nepal
5) IndonesiaAnswer-4) Nepal
Explanation:
The Reserve Bank of India (RBI) and Nepal Rastra Bank (NRB) have signed Terms of Reference (ToR) to integrate the fast payment systems of both countries.
As per ToR, the Unified Payments Interface (UPI) of India and the National Payments Interface (NPI) of Nepal will be integrated to facilitate cross-border remittances.
This integration aims to streamline cross-border remittances between the two countries by allowing users of both systems to conduct instant, cost-effective fund transfers. - Who has recently (in Feb ‘24) received a special award at the Lokmat Maharashtrian of the Year 2024 (LMOTY 2024)?
1) Leena Nair
2) Isha Ambani
3) Aditi Gupta
4) Radhika Ghai
5) Indra NooyiAnswer-2) Isha Ambani
Explanation:
Isha Ambani, Director of Mumbai (Maharashtra) based Reliance Retail Ventures Limited, was honoured with a special award at the Lokmat Maharashtrian of the Year 2024 (LMOTY 2024) ceremony in Mumbai.
Isha Ambani was honoured for her remarkable contributions in the field of business. - Who has recently (in Feb ‘24) elected as the 72nd President of the Institute of Chartered Accountants of India (ICAI)?
1) Radhe Shyam Agarwal
2) Aniket Sunil Talati
3) Pramod Bhasin
4) Ranjeet Kumar Agarwal
5) Niranjan Hiranandani,Answer-4) Ranjeet Kumar Agarwal
Explanation:
The Central Council of the Institute of Chartered Accountants of India (ICAI) has elected CA. Ranjeet Kumar Agarwal as its 72nd President for the term 2024-25.
He succeeded CA. Aniket Sunil Talati who served as the president of ICAI for the term 2023-24.
ICAI also elected CA. Charanjot Singh Nanda as its Vice President for the term 2024-25. - When was the National Women’s Day observed across India to commemorate the birth anniversary of Sarojini Naidu, popularly known as the “Nightingale of India”?
1) 13th February 2024
2) 14th February 2024
3) 15th February 2024
4) 12th February 2024
5) 11th February 2024Answer-1) 13th February 2024
Explanation:
National Women’s Day is annually observed across India on 13th February to commemorate the birth anniversary of Sarojini Naidu, popularly known as the “Nightingale of India” or “Bharat Kokila”.
i. 13 February 2024 marks the 145th birth anniversary of Sarojini Naidu. Click here to read more - In February 2024, ____________ became the first North-Eastern state to achieve 100% household tap water connections.
1) Manipur
2) Mizoram
3) Arunachal Pradesh
4) Assam
5) TripuraAnswer-3) Arunachal Pradesh
Explanation:
Chief Minister (CM) of Arunachal Pradesh (AR), Pema Khandu announced that AR has achieved 100% household tap water connections under the centrally sponsored Jal Jeevan Mission (JJM).
i. With this, AR has become the first state in North-East India and as the 10th state/Union territory in overall India to achieve 100% saturation of Har Ghar Jal (tap water in every household) under JJM.
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