AffairsCloud brings you the complete and important daily Current Affairs Quiz 23 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 Company has been recently (in March’ 24) designated as a Miniratna Category-I Central Public Sector Enterprise (CPSE) by the Ministry of Power?
1) GAIL India Limited
2) RITES Limited
3) Antrix Corporation Limited
4) Grid Controller of India Limited
5) BEML LimitedAnswer-4) Grid Controller of India Limited
Explanation:
Grid Controller of India Limited (GRID-INDIA) has been designated as a Miniratna Category-I Central Public Sector Enterprise (CPSE) by the Ministry of Power, Government of India, highlighting its crucial role in India’s power landscape.
i. Criteria for Miniratna Category-I:
Must have made profit in the last three years continuously.
Pre-tax profit of Rs. 30 crores or more in at least one of the three years. - In March 2024, the Ministry of New and Renewable Energy (MNRE) notified the scheme guidelines for establishing hydrogen hubs in India under the National Green Hydrogen Mission.
What was the Budgetary outlay of the scheme for the financial year 2025-2026 (FY26)?
1) Rs.200 crore
2) Rs.100 crore
3) Rs.300 crore
4) Rs.50 crore
5) Rs.180 croreAnswer-1) Rs.200 crore
Explanation:
The Ministry of New and Renewable Energy (MNRE) has notified the scheme guidelines for establishing hydrogen hubs in India under the National Green Hydrogen Mission(NGHM).
Budgetary outlay: Rs 200 crore till the financial year 2025-2026(FY26).The budget provisions under the NGHM head will be used for the expenditure of the scheme.
i. Funding: Under the scheme, at least 2 green hydrogen hubs will be established with Central Financial Assistance (CFA) of up to Rs 100 crore each to support the core infrastructure. - Which Indian Institute of Technology (IIT) has recently (in March ’24) signed an MoU with the Comptroller and Auditor General (CAG) of India on Artificial Intelligence (AI)?
1) IIT Kharagpur
2) IIT Roorkee
3) IIT Kanpur
4) IIT Delhi
5) IIT MadrasAnswer-4) IIT Delhi
Explanation:
The Comptroller and Auditor General (CAG) of India has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology (IIT) Delhi in New Delhi on Artificial Intelligence(AI).
i. Under this MoU, CAG and IIT-Delhi would partner in four key areas, such as the use of AI in audits, audits of AI systems, capacity building, and knowledge sharing. - Which Bank has recently (in March’ 24) announced a USD 250 million lending commitment for new-age startups and new economy companies?
1) Standard Chartered Bank India
2) DBS Bank India
3) HSBC India
4) CSB Bank India
5) Citibank IndiaAnswer-2) DBS Bank India
Explanation:
DBS Bank India Limited announced a USD 250 million lending commitment for new-age startups and new economy companies, focusing on enterprises redefining industry standards through emerging technologies and innovative solutions. - In March 2024, the Reserve Bank of India (RBI) imposed a monetary penalty of Rs ___________ on Tamilnad Mercantile Bank Limited and Rs 63.6 lakh on ______________ (Bank) for non-compliance with certain directions issued by RBI.
1) 1.75 crore; DCB Bank Limited
2) 1.31 crore; Kotak Mahindra Bank
3) 1.75 crore; Karur Vysya Bank
4) 1.31 crore; DCB Bank Limited
5) 2.10 crore; Kotak Mahindra BankAnswer- 4) 1.31 crore; DCB Bank Limited
Explanation:
The Reserve Bank of India (RBI) has imposed monetary penalties on Tamilnad Mercantile Bank Limited(TMB) and DCB Bank Limited for non-compliance with certain directions issued by RBI.
i.RBI has imposed a penalty of Rs 1,31,80,000 (Rs 1.31 crore)on TMB for non-compliance with RBI directions on ‘Interest Rate on Advances’ and ‘Central Repository of Information on Large Credits (CRILC) – Revision in Reporting’.
ii.RBI has imposed a penalty of Rs 63,60,000 (Rs 63.6 lakh) on DCB Bank for non-compliance with RBI directions on ‘Interest Rate on Advances’. - Name the poet who has been recently (in March’ 24) selected for Saraswati Samman 2023 award for poetic work “Roudra Sathwikam”.
1) Suhas Kumar
2) Sampooran Singh Kalra
3) Sameer Abdul
4) Sitanshu Yashaschandra
5) Prabha VarmaAnswer-5) Prabha Varma
Explanation:
The renowned Malayalam poet and author Prabha Varma has been named the recipient of Saraswati Samman 2023 for his poetic work titled “Roudra Sathwikam”.
i. He is the 33rd recipient of Saraswati Samman which is annually presented by the K.K Birla Foundation.
ii. This becomes the first Malayalam work to win the award after 12 years. Malayalam poetess Sugathakumari won the award in 2012 for her poetry collection ‘ Manalezhuthu. - In March 2024, Prabowo Subianto Djojohadikusumo was elected as President of _____________(country).
1) Cambodia
2) Nepal
3) Indonesia
4) Brunei
5) ThailandAnswer-3) Indonesia
Explanation:
Indonesian Defence Minister Prabowo Subianto Djojohadikusumo has been elected as the new President of Indonesia by the General Election.
i. He is scheduled to become the eighth president of Indonesia in October 2024 and will replace Joko Widodo.
ii. After running for president three times, he was victorious in the February 2024 presidential election with 58.6% of the total vote. - In March 2024, HDFC Bank sold its stake in HDFC Credila for Rs ___________ to BPEA EQT and ChrysCapital.
1) 9553 crores
2) 8633 crores
3) 9001 crores
4) 1000 crore
5) 4576 croresAnswer-1) 9553 crores
Explanation:
HDFC Bank sold its stake in HDFC Credila, its education finance arm, for Rs 9553 crore (USD 1.15 billion) to private equity firms BPEA EQT and ChrysCapital.
i. This sale, announced in June 2023, was a regulatory requirement before the merger of Housing Development Finance Corp with HDFC Bank. - Which bank has recently (in March ‘24) partnered with the Indian Olympic Association (IOA) to become the Official Banking Partner for Team India for the Paris Olympics 2024?
1) HDFC Bank
2) Axis Bank
3) Kotak Mahindra Bank
4) IndusInd Bank
5) YES BankAnswer-5) YES Bank
Explanation:
YES Bank partnered with the Indian Olympic Association (IOA) and has been named the Official Banking Partner for Team India for the upcoming Paris Olympics 2024, which is scheduled to take place from 26th July to 11th August 2024 in Paris, France.
i. As part of the partnership, YES Bank launched the campaign ‘Milkar Jitayengey,’ (“Together We Win”) for the Indian Olympic team, highlighting the shared effort behind every victory. - When was the United Nations (UN) World Poetry Day 2024 observed across the globe?
1) 20th March 2024
2) 21st March 2024
3) 14th March 2024
4) 18th March 2024
5) 17th March 2024Answer- 2) 21st March 2024
Explanation:
The United Nations (UN) World Poetry Day 2024 observed across the globe on 21st March 2024 with the theme of “Standing on the Shoulders of Giants.” to support linguistic diversity through poetic expression across cultures and languages.
21 March 2024 marks the 25th Edition of World Poetry Day. Click here to read more.
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