Current Affairs Quiz: 26 & 27 January 2024

AffairsCloud brings you the complete and important daily Current Affairs Quiz 26 & 27 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. Which of the following countries, along with India have recently (in Jan ‘24) conducted the “Exercise Desert Knight”, a Trilateral Air Force Exercise?
   1) Oman
   2) United Arab Emirates
   3) France
   4) Both 1 & 2
   5) Both 2 & 3
   

   Answer & Explanation

   Answer-5) Both 2 & 3
   Explanation:
   “Exercise Desert Knight”, a Trilateral Air Force Exercise, was conducted between the Indian Air Force (IAF) along with the French Air and Space Force (FASF), France and the United Arab Emirates (UAE) Air Force on 23rd January 2024. The joint exercise was hosted at the Al Dhafra air base in the UAE.
    Participants and Aircraft of IAF: Su-30 MKI (Sukhoi), MiG-29, Jaguar, Airborne Warning and Control System (AWACS), C-130-J transport plane, Air to Air Refueller.
   
   
   
2. Name the company that has recently (in Jan ‘24) signed a Rs. 1070 crore contract with the Ministry of Defence for the acquisition of 14 Fast Patrol Vessels (FPVs) for the Indian Coast Guard (ICG).
   1) Hindustan Shipyard Limited
   2) Mazagon Dock Shipbuilders Limited
   3) Cochin Shipyard Limited
   4) Garden Reach Shipbuilders & Engineers Limited
   5) Goa Shipyard Limited
   

   Answer & Explanation

   Answer-2) Mazagon Dock Shipbuilders Limited
   Explanation:
   The Ministry of Defence (MoD) signed a contract worth Rs. 1070 crore with Mazagon Dock Shipbuilders Limited (MDL – functioning under MoD) for the acquisition of 14 Fast Patrol Vessels (FPVs) for the Indian Coast Guard (ICG).
   i. The contract was made under the Buy Indian-Indigenously Designed, Developed and Manufactured (IDDM) category.
    The FPVs are designed, developed and manufactured by MDL Mumbai, Maharashtra.
   
   
   
3. In which city, Union Minister of Coal, Mines, and Parliamentary Affairs Pralhad Joshi has recently (in Jan ‘24) inaugurated the second State Mining Ministers’ Conference?
   1) Gandhinagar, Gujarat
   2) Pune, Maharashtra
   3) Visakhapatnam, Andhra Pradesh
   4) Raichur, Karnataka
   5) Bhopal, Madhya Pradesh
   

   Answer & Explanation

   Answer-5) Bhopal, Madhya Pradesh
   Explanation:
   Union Minister of Coal, Mines, and Parliamentary Affairs Pralhad Joshi inaugurated the second State Mining Ministers’ Conference held in Bhopal, Madhya Pradesh on 23rd January 2024.
   i. Madhya Pradesh bagged the first rank and received the award from the Union minister for recognizing its efforts in the mining auction for the year 2022-23.
   ii. The Coffee table book ‘Building Trust-Transforming Lives’ showcases the activities of the District Mineral Foundation (DMF) was also released during the conference by the Minister. Click here to read more
   
   
   
4. In Which state/UT, the Dagger Division of the Indian Army has recently (in Jan ‘24) opened ‘India Selfie Point’ near the Line of Control (LOC)?
   1) Himachal Pradesh
   2) Sikkim
   3) Ladakh
   4) Jammu and Kashmir
   5) Arunachal Pradesh
   

   Answer & Explanation

   Answer-4) Jammu and Kashmir
   Explanation:
   The Dagger Division (the then 19th Indian Infantry Division) of the Indian Army opened ‘India Selfie Point’ near the Line of Control (LOC) in Uri in the Baramulla district of Jammu and Kashmir(J&K).
   i. It is located along National Highway 44 (NH 44), which is the longest national highway in India and connects Srinagar (J&K) to Kanyakumari (Tamil Nadu).
   
   
   
5. In January 2024, the Securities and Exchange Board of India (SEBI) released the Framework for Offer for Sale (OFS) of Shares to Employees through Stock Exchange Mechanism such as BSE and NSE.
   As per the framework, the maximum bid amount shall be Rs __________.
   1) 4 Lakh
   2) 5 Lakh
   3) 3 Lakh
   4) 2 Lakh
   5) 6 Lakh
   

   Answer & Explanation

   Answer-2) 5 Lakh
   Explanation:
   On January 23, 2024, the Securities and Exchange Board of India (SEBI) released the Framework for Offer for Sale (OFS) of Shares to Employees through Stock Exchange Mechanism such as BSE(formerly Bombay Stock Exchange) and NSE(National Stock Exchange of India Ltd).
    The notified provisions will come into effect from 30th day(February 22, 2024) of issuance of the circular.
   i. OFS to employees will be on T+1 day along with the retail category under a new category called as “Employee”
   ii. The maximum bid amount shall be Rs 5 Lakh. Each employee is eligible for allotment of equity shares up to Rs 2 Lakh.
   
   
   
6. Who has been recently (in Jan ‘24) awarded with the Bharat Ratna, India’s highest civilian award posthumously?
   1) Karpoori Thakur
   2) Bhagwat Jha Azad
   3) Lalu Prasad Yadav
   4) Ram Sundar Das
   5) Jagannath Mishra
   

   Answer & Explanation

   Answer-1) Karpoori Thakur
   Explanation:
   On 24th January 2024, Droupadi Murmu, President of India, awarded the Bharat Ratna, India’s highest civilian award, to Former Bihar Chief Minister (CM) and Socialist Leader Karpoori Thakur (posthumously).
   i. He becomes the 49th recipient of Bharat Ratna, and the 15th to be accorded posthumously.
   
   
   
7. The Competition Commission of India (CCI) has recently (in Jan ‘24) approved the acquisition of around 38% of the paid-up share capital of __________ (company) by JSW Ventures Singapore Pte. Limited
   1) Renault India Private Limited
   2) Tata Motors Limited
   3) Maruti Suzuki India Limited
   4) M G Motor India Private Limited
   5) Kia India Private Limited
   

   Answer & Explanation

   Answer-4) M G Motor India Private Limited
   Explanation:
   The Competition Commission of India (CCI) has approved the following on 23rd January 2024.
    CCI approved the acquisition of around 38% of the paid-up share capital of M G Motor India Private Limited (Target), a wholly-owned subsidiary of Shanghai(China) based SAIC Motor, by JSW Ventures Singapore Pte. Limited(Acquirer).
    CCI has approved the merger of Bengaluru (Karnataka) based Fincare Small Finance Bank Limited (Fincare SFB) and Jaipur (Rajasthan) AU Small Finance Bank Limited (AU SFB) with AU being the merged entity. Click here to read more
   
   
   
8. In January 2024, Yard 129 (LSAM 19), the _______ Ammunition Cum Torpedo Cum Missile (ACTCM) Barge was launched at M/s Suryadipta Projects Private Limited (SPPL), Thane, Maharashtra.
   1) 5th
   2) 6th
   3) 3rd
   4) 4th
   5) 2nd
   

   Answer & Explanation

   Answer-1) 5th
   Explanation:
   On 24th January 2024, the fifth Ammunition Cum Torpedo Cum Missile (ACTCM) Barge, Yard 129 (LSAM 19) was launched by Commodore V Pravin AWPS (Mumbai, Maharashtra) at M/s Suryadipta Projects Private Limited (SPPL), Thane (Maharashtra).
   i. The Barge was built by Thane-based Micro, Small & Medium Enterprises (MSME) M/s Suryadipta Projects Private Limited. It was built under relevant Naval Rules and Regulation of Indian Register of Shipping (IRClass).
   
   
   
9. When was the National Voters’ Day (NVD) 2024 observed across India?
   1) 23rd January 2024
   2) 25th January 2024
   3) 22nd January 2024
   4) 24th January 2024
   5) 21st January 2024
   

   Answer & Explanation

   Answer-2) 25th January 2024
   Explanation:
   The 14th National Voters’ Day (NVD) 2024 was celebrated across India on 25th January 2024 to create electoral awareness amongst citizens  and also marks the celebration of 75 years of service of Election Commission of India (ECI).
    The theme of NVD 2024 is “Nothing Like Voting, I Vote For Sure”, a continuation of the 2023 theme.
   
   
   
10. What was the theme of National Tourism Day 2024 that was observed across India on 25th January 2024?
    1) Rural and Community Centric Tourism
    2) Tourism and Jobs: A better Future for All’
    3) Tourism for Inclusive Growth
    4) Tourism and Green Investments
    5) Sustainable Journeys, Timeless Memories
    

    Answer & Explanation

    Answer-5) Sustainable Journeys, Timeless Memories
    Explanation:
    National Tourism Day 2024 was celebrated across India on 25th January 2024 with the theme of “Sustainable Journeys, Timeless Memories.”
     As per the India Brand Equity Foundation’s (IBEF) 2023 report, the tourism sector is projected to contribute USD 250 billion to India’s Gross Domestic Product (GDP) by 2030, generating employment for 137 million individuals.