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Current Affairs Quiz: 20 February 2024

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 20 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.

  1. In February 2024, the Defence Acquisition Council (DAC) approved the Acquisition worth of Rs __________ to Boost the Capabilities of the Indian Armed Forces and the Indian Coast Guard (ICG).
    1) 92,810 crore
    2) 62,850 crore
    3) 79,120 crore
    4) 84,560 crore
    5) 50,280 crore
    Answer-4) 84,560 crore
    Explanation:
    On 16th February 2024, the Defence Acquisition Council (DAC), under the chairmanship of Union Minister Rajnath Singh, Ministry of Defence (MoD), gave the approval for the Acceptance of Necessity (AoNs) for various capital acquisition proposals amounting to Rs 84,560 crore.
    i. The move aims to boost the capabilities of the Indian Armed Forces and the Indian Coast Guard (ICG). Click here to read more.

  2. In which city, Indian Air Force (IAF) has recently (in Feb ‘24) demonstrated the Exercise Vayu-Shakti 2024 in February 2024?
    1) Siliguri, West Bengal
    2) Chandipur, Odisha
    3) Pokhran, Rajasthan
    4) Jalandhar, Punjab
    5) Gandhinagar, Gujarat
    Answer- 3) Pokhran, Rajasthan
    Explanation:
    The Indian Air Force (IAF) demonstration exercise Vayu-Shakti 2024 was held on 17 February 2024 at the Pokhran Air-to-Ground Range near Jaisalmer in Rajasthan.
     The 2024 Vayu-Shakti exercise featured joint operations with the Indian Army, highlighting the seamless coordination between the two branches of the armed forces.
     Exercise Vayu-Shakti 2024 was based on the theme, “Lightning Strike from the Sky”.

  3. Which bank has recently (in Feb ‘24) celebrated its 89th Business Commencement Day on 8th February 2024?
    1) Bank of Maharashtra
    2) Bank of Baroda
    3) Indian Bank
    4) Bank of India
    5) Canara Bank
    Answer-1) Bank of Maharashtra
    Explanation:
    On 8th February 2024, Bank of Maharashtra (BoM) celebrated its 89th Business Commencement Day as “Maha Parivartan Diwas 2.0” in Pune, Maharashtra and launched 89 new digital products and services.
    i. BoM has launched the Mahabank Equipment Finance Scheme to finance construction equipment purchases for Micro, Small & Medium Enterprises (MSMEs) and Corporates.
    ii. The bank also launched a Special cluster scheme to offer concessionary interest rates and service charges to the glass bangle industry in Firozabad (Uttar Pradesh).

  4. Which company has recently (in Feb ‘24) received in-principle approval from the Insurance Regulatory and Development Authority of India (IRDAI) to upgrade its license to a composite insurance broker?
    1) MoneyTap
    2) Razorpay
    3) Policybazaar
    4) Bajaj Markets
    5) ZestMoney
    Answer-3) Policybazaar
    Explanation:
    Insurance Regulatory and Development Authority of India (IRDAI) has granted in-principle approval to Gurugram (Haryana) based Policybazaar Insurance Brokers Private Limited (Policybazaar) to upgrade its license from a direct insurance broker (Life and General) to a composite insurance broker.
    i. With this approval, Policybazaar is allowed to sell reinsurance products besides being a pure play platform focused on insurance buying.

  5. Which company has recently (in Feb ‘24) launched the Digital Naari platform to generate sustainable self-employment for women?
    1) PhonePe
    2) BharatPe
    3) PayNearby
    4) Policybazaar
    5) MobiKwik
    Answer-3) PayNearby
    Explanation:
    Mumbai (Maharashtra) based Nearby Technologies Private Limited (PayNearby) has launched the Digital Naari platform to generate sustainable self-employment for women.
    i. This is in line with the ‘Lakhpati Didi’ initiative (a skill development programme launched in 2023), the platform seeks to onboard and uplift about 1 lakh women in rural and semi-urban areas by the end of 2025.

  6. In February 2024, the Indian Space Research Organisation (ISRO) successfully launched GSLV-F14/INSAT-3DS mission carrying the ___________ satellite INSAT-3DS from Sriharikota, Andhra Pradesh (AP).
    1) Meteorological
    2) Medium Earth Orbit
    3) Low Earth Orbit
    4) Communication Satellites
    5) Navigation
    Answer-1) Meteorological
    Explanation:
    On 17th February 2024, the Indian Space Research Organisation (ISRO) successfully launched GSLV-F14/INSAT-3DS mission carrying the meteorological satellite INSAT-3DS from the Second Launch Pad (SLP) Satish Dhawan Space Centre (SDSC) in Sriharikota, Andhra Pradesh (AP).
     GSLV-F14 placed the INSAT-3DS satellite into a geosynchronous transfer orbit(GTO), then to a geosynchronous stationary orbit (GSO) in space.
     This marks the 16th flight of Geosynchronous Satellite Launch Vehicle (GSLV). It is also the 10th flight & 7th operational flight of GSLV with Indigenous Cryogenic stage.

  7. In which state, a new species of crustacean named ‘Parhyale Odian’ was discovered in February 2024?
    1) West Bengal
    2) Odisha
    3) Karnataka
    4) Tamil Nadu
    5) Kerala
    Answer-2) Odisha
    Explanation:
    Researchers from Berhampur University (Odisha) have discovered a new species of crustacean named ‘Parhyale Odian’ from the Chilika Lake, spread over the Puri, Khordha and Ganjam in Odisha.
     The new species is named after Odia, the official & native language of Odisha.
     Parhyale Odian is a shrimp-like amphipod belonging to the genus Parhyale.
    i. The discovery is published in an article titled ‘A new species of amphipod of the genus Parhyale from Chilika lagoon, India’ in the online edition of journal Zootaxa.

  8. Which country’s Women’s Badminton Team has recently (in Feb ‘24) won the gold medal at the Badminton Asia Team Championships for the 1st time?
    1) Malaysia
    2) Thailand
    3) India
    4) China
    5) Indonesia
    Answer-3) India
    Explanation:
    Indian Women’s Badminton Team led by Pusarla Venkata (PV) Sindhu won the gold at Badminton Asia Team Championships (BATC) 2024 in Women’s event by defeating Thailand (3-2) in the finals held at Setia City Convention Centre in Shah Alam, Selangor, Malaysia.
     This marks the first ever podium finish of Indian Women’s team and also the first ever gold for India at the Badminton Asia Team Championships.
    Badminton Asia Team Championships 2024 Medalists:

    Medal Women’s WinnerMen’s Winners
    GoldIndiaChina
    SilverThailandMalaysia
    BronzeJapan and IndonesiaJapan and South Korea


  9. When was the 13th World Pangolin Day observed across the globe?
    1) 17th February 2024
    2) 15th February 2024
    3) 18th February 2024
    4) 14th February 2024
    5) 16th February 2024
    Answer-1) 17th February 2024
    Explanation:
    World Pangolin Day is annually observed across the globe on the 3rd Saturday of February to celebrate and raise awareness about the Pangolin or scaly anteater, one of the most unique mammals on Earth, and their plight.
    i. The 13th World Pangolin Day is observed on 17th February 2024. Click here to read more

  10. Which state government has recently (in Feb ‘24) launched the ‘Asha Kirana – Eye Care at Your Doorstep’ scheme to offer free eye care services to families?
    1) Odisha
    2) Telangana
    3) Andhra Pradesh
    4) Karnataka
    5) West Bengal
    Answer-4) Karnataka
    Explanation:
    Karnataka Chief Minister (CM) Siddaramaiah launched the ‘Asha Kirana – Eye Care at Your Doorstep’, a scheme to offer free eye care services to families across Karnataka, during an event held in Haveri, Karnataka.
    i. The Scheme launched by the Department of Health and Family Welfare, Government of Karnataka, falls under the National Programme for Control of Blindness and Visual Impairment (NPCB&VI).