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Current Affairs Quiz: 20 January 2024

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 20 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. As per the 3rd Advance Estimate of Area and Production of Various Horticultural Crops for 2022–23 released by the Ministry of Agriculture and Farmers’ Welfare in January 2024, the estimation of total horticulture production for 2022–23 is __________ tonnes.
    1) 502.15 million
    2) 392.14 million
    3) 355.25 million
    4) 419.34 million
    5) 302.12 million
    Answer- 3) 355.25 million
    Explanation:
    On January 18, 2024, the Ministry of Agriculture and Farmers’ Welfare (MoA&FW) released the Third Advance Estimate of Area and Production of Various Horticultural Crops for 2022–23.
    i. As per it, the estimation of total horticulture production for 2022–23 is 355.25 million tonnes, which is about 8.07 million tonnes more (an increase of 2.32%) than 2021–22 (final). Click here to read more.

  2. As per the 18th Global 500 2024 annual report released by Brand Finance in January 2024, Reliance Jio ranked _________ among the world’s strongest brands in 2024, while ___________ (company) tops the list.
    1) 15th; YouTube
    2) 17th; WeChat
    3) 19th; Google
    4) 17th; YouTube
    5) 19th; WeChat
    Answer-2) 17th; WeChat
    Explanation:
    As per the 18th “Global 500 2024” annual report by Brand Finance, Indian billionaire Mukesh Ambani-led Reliance Jio continues to be India’s top and strongest brand, ranked 17th among the world’s strongest brands in 2024, with a brand strength index (BSI) of 88.9 out of 100.
     Globally, WeChat topped the list with a 94.3 BSI followed by YouTube (92.7), and Google (92.5) in the 2nd and 3rd positions respectively in the strongest brands of 2024.
    i. The other Indian brands featured in the list are Life Insurance Corporation of India (LIC), ranked 23rd followed by the State Bank of India (SBI) ranked 24th. Both held the same BSI of 88.3. Click here to read more.

  3. According to the 2024 Military Strength Ranking released by Global Firepower (GFP) in January 2024, India is ranked as the __________ most powerful military in the world, while the United States of America (USA) tops the list.
    1) 3rd
    2) 6th
    3) 5th
    4) 2nd
    5) 4th
    Answer-5) 4th
    Explanation:
    According to the 2024 Military Strength Ranking released by Global Firepower (GFP), India is ranked as the 4th most powerful military in the world. The United States of America (USA) tops the list followed by Russia and China in the 2nd and 3rd place respectively.
    i. In the 2024 list, Bhutan has ranked (145th) as the least powerful military with a PwrIdx of 6.3704, after Moldova (4.2311), Suriname (3.9038), Somalia(3.9006) and Benin(3.8912).

  4. Which bank has recently (in Jan ‘24) signed an MoU with the Indian Renewable Energy Development Agency Limited (IREDA) to establish a platform for co-lending and loan syndication for a wide range of renewable energy projects across India?
    1) Canara Bank
    2) Indian Overseas Bank
    3) State Bank of India
    4) Bank of India
    5) Union Bank of India
    Answer- 2) Indian Overseas Bank
    Explanation:
    The Indian Renewable Energy Development Agency Limited (IREDA) and Indian Overseas Bank (IOB) signed a Memorandum of Understanding (MoU) to establish a platform for co-lending and loan syndication for a wide range of renewable energy projects across India.
     The MoU encompasses provisions for co-lending and co-origination support for all Renewable Energy projects.

  5. Name the bank that has recently (in Jan ‘24) launched a special retail short-term deposit scheme with higher interest rates for Domestic Term Deposits to Residents/Non-Resident Ordinary (NRO) and Resident Senior Citizens for 360 days.
    1) Canara Bank
    2) Union Bank of India
    3) Bank of Baroda
    4) Bank of India
    5)  UCO Bank
    Answer-3) Bank of Baroda
    Explanation:
    Bank of Baroda (BoB), one of India’s leading public sector banks launched a special retail short-term deposit scheme named Bob 360 Term Deposit Scheme.
     The scheme offers higher interest rates for Domestic Term Deposits to Residents/Non-Resident Ordinary (NRO) and Resident Senior Citizens for 360 days.
    i. It offers a high rate of interest of up to 7.60% per annum (for 360 days), which includes 0.50% per annum for senior citizens.

  6. Which bank has recently (in Jan ‘24) Collaborated with StartupTN to foster entrepreneurship in Tamil Nadu?
    1) DBS Bank India
    2) ICICI Bank
    3) HSBC India
    4) Axis Bank
    5) YES Bank
    Answer-1) DBS Bank India
    Explanation:
    On January 18, 2024, DBS Bank India Limited announced collaboration with StartupTN, a nodal agency of Tamil Nadu (TN) Government, to foster entrepreneurship in TN.
    i. This partnership will engage with over 1,000 early-stage startups in TN through StartupTN’s eight regional hubs in metros. The partnership focuses on startups in Tier 2 and Tier 3 cities.

  7. In January 2024, the Ministry of Heavy Industries (MHI) constituted a committee under the chairmanship of _________________, to examine the demand for including more components in the Production Linked Incentive (PLI) Scheme for Automobile and Auto Component Industry (PLI–AUTO).
    1) Ajay Gururani
    2) Nikhil Gajraj
    3) Deepak Purohit
    4) Kunal Pandey
    5) Hanif Qureshi
    Answer- 5) Hanif Qureshi
    Explanation:
    On January 16, 2024, the Ministry of Heavy Industries (MHI) constituted a committee to examine the demand for including more components in the Production Linked Incentive (PLI) Scheme for Automobile and Auto Component Industry (PLI–AUTO).
     Chairman– Hanif Qureshi, Additional Secretary in MHI
     Members– 11 members including representatives from testing agencies like Automotive Research Association of India (ARAI) and the auto industry.

  8. Who has recently (in Jan ‘24) sworn in as President of Guatemala?
    1) Mario Taracena
    2) Álvaro Arzú Escobar
    3) César Bernardo Arévalo de León
    4) Samuel Pérez Álvarez
    5) Shirley Rivera
    Answer-3) César Bernardo Arévalo de León
    Explanation:
    César Bernardo Arévalo de León, an anti-corruption leader, was sworn in as President of Guatemala.
    i. Bernardo Arévalo succeeded Alejandro Giammattei, a leader of the right-wing party Vamos.

  9. When was the 19th National Disaster Response Force (NDRF) Raising Day observed across India?
    1) 17th January 2024
    2) 19th January 2024
    3) 16th January 2024
    4) 18th January 2024
    5) 15th January 2024
    Answer-2) 19th January 2024
    Explanation:
    National Disaster Response Force (NDRF) Raising Day is annually observed across India on 19 January to commemorate the establishment of the NDRF, a distinguished, unique Force across India functioning under the Ministry of Home Affairs.
    i. The 19th NDRF Raising Day was celebrated on 19th January 2024 at Plenary Hall, Vigyan Bhawan, New Delhi, Delhi. Click here to read more

  10. In January 2024, _____________ became the first state in India to launch a regenerative tourism model to redefine tourism.
    1) Tamil Nadu
    2) Karnataka
    3) Maharashtra
    4) Goa
    5) Madhya Pradesh
    Answer-4) Goa
    Explanation:
    The Government of Goa has launched India’s first regenerative tourism model to redefine tourism by promoting environmental restoration, cultural preservation, and community empowerment.
     The model aims to promote 11 spiritual sites under the Ekadasha Teertha campaign.
    i. The model was launched to mark the 62nd anniversary of the Liberation of Goa (December 19, 2023).