Current Affairs Quiz: 4 & 5 February 2024

AffairsCloud brings you the complete and important daily Current Affairs Quiz 4 & 5 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. Name the organisation has recently (in Feb ‘24) signed an MoU with the National Rural Livelihood Promotion Society (NRLPS) for the inclusion of the poorest of the poor under Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM).
   1) National Rural Support Programme
   2) Landesa champions
   3) BRAC International
   4) Thar Deep Rural Development Programme
   5) Dua Foundation
   
   Answer & Explanation

   Answer-3) BRAC International
   Explanation:
   National Rural Livelihood Promotion Society (NRLPS), an autonomous body under the Ministry of Rural Development (MoRD) signed a Memorandum of Understanding (MoU) with BRAC International, for the inclusion of the poorest of the poor under Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM).
    DAY-NRLM, dedicated to universal and inclusive mobilization, has already mobilised 100 million rural poor households.
   
   
   
2. In February 2024, the Indian Navy declared 2024 as the ___________(year).
   1) Year of Naval Civilians
   2) Year of Naval Technology
   3) Year of Naval Weapons
   4) Year of Naval AI
   5) Year of Naval Equipment
   
   Answer & Explanation

   Answer-1) Year of Naval Civilians
   Explanation:
   The Indian Navy has declared 2024 as the ‘Year of Naval Civilians‘ with a focus on enhancing administration, efficiency, and the well-being of its civilian workforce.
   i. The major focus areas identified for implementation in 2024 include maximising administrative efficiency; digital initiatives; generic and specific training programs; and welfare activities.
   
   
   
3. In February 2024, the Insurance Regulatory and Development Authority of India (IRDAI) has issued guidelines mandating general and health insurance companies to cover Ayurveda, Yoga & Naturopathy, Unani, Siddha, Sowa Rigpa and Homoeopathy (AYUSH) treatments in their health insurance policies with effect from ________ 2024.
   1) 1st June
   2) 1st August
   3) 1st May
   4) 1st July
   5) 1st April
   
   Answer & Explanation

   Answer-5) 1st April
   Explanation:
   The Insurance Regulatory and Development Authority of India (IRDAI) has issued guidelines mandating general and health insurance companies to cover Ayurveda, Yoga & Naturopathy, Unani, Siddha, Sowa Rigpa and Homoeopathy (AYUSH) treatments in their health insurance policies with effect from 1st April 2024.
    The circular was issued in terms of Section 14(2)(b) of the IRDA Act,1999.
   i. For this purpose, the Ministry of Ayush(MoA) constituted a ‘Core Group of Experts for the Insurance Sector’ in 2023.
   
   
   
4. Name the Small Finance Bank (SFB) that has recently (in Feb ‘24) announced a bancassurance partnership with Edelweiss Tokio Life Insurance Company Limited to offer life insurance products.
   1) ESAF SFB
   2) AU SFB
   3) Capital SFB
   4) Equitas SFB
   5) Jana SFB
   
   Answer & Explanation

   Answer-1) ESAF SFB
   Explanation:
   Thrissur (Kerala) based ESAF Small Finance Bank (SFB) announced a bancassurance partnership with Edelweiss Tokio Life Insurance Company Limited to offer life insurance products to a wider range of customers, particularly those in underserved communities.
   Note- Edelweiss Tokio Life Insurance is a joint venture(JV) between Edelweiss Financial Service Limited and Tokio Marine Holdings Inc. of Japan.
   
   
   
5. In February 2024, Fitch Ratings estimated India’s fiscal deficit for financial year 2024-2025 (FY25) to reach _________ of Gross Domestic Product (GDP).
   1) 6.1%
   2) 5.9%
   3) 5.4%
   4) 5.0%
   5) 5.6%
   
   Answer & Explanation

   Answer-3) 5.4%
   Explanation:
   Fitch Rating, an international credit rating agency, stated that the interim Budget of 2024-2025 by the Government of India does not change the sovereign credit profile of India.
   i. Fitch Ratings estimates that India’s fiscal deficit for financial year 2024-2025 (FY25) to reach 5.4% of Gross Domestic Product (GDP), which is above the budget target of 5.1%.
   
   
   
6. Name the personality who has recently (in Feb ‘24) honoured with the “Outstanding Business Woman of the Year 2023′ Award.
   1) Vani Kola
   2) Bina Modi
   3) Shikha Sharma
   4) Vandana Luthra
   5) Meena Ganesh
   
   Answer & Explanation

   Answer-2) Bina Modi
   Explanation:
   Union Minister Rajnath Singh, Ministry of Defence (MoD) honoured Dr Bina Modi, Chairperson of Modi Enterprises, KK Modi Group, with the “Outstanding Business Woman of the Year – 2023′ Award.
   i. The award was presented during the Indo-American Chamber of Commerce (IACC) conference held in New Delhi, Delhi.
   
   
   
7. Who has recently (in Feb ‘24) sworn in as the Chief Minister (CM) of Jharkhand?
   1) Babulal Marandi
   2) Madhu Koda
   3) Shibu Soren
   4) Raghubar Das
   5) Champai Soren
   
   Answer & Explanation

   Answer-5) Champai Soren
   Explanation:
   On 2nd February 2024, Champai Soren (67), leader of the Jharkhand Mukti Morcha (JMM) party, was sworn in as the Chief Minister (CM) of Jharkhand. Jharkhand Governor C. P. Radhakrishnan administered the oath of office.
   i. Champai Soren succeeded Hemant Soren (JMM party), who resigned from the post on 31st January 2024.
   
   
   
8. In February 2024, the United States (US) Department of State approved USD _________ sale of 31 MQ-9B Armed Drones and other related equipment to India.
   1) 3.99 billion
   2) 4.21 billion
   3) 5.29 billion
   4) 6.89 billion
   5) 7.12 billion
   
   Answer & Explanation

   Answer-1) 3.99 billion
   Explanation:
   The United States(US) Department of State has approved the sale of 31 MQ-9B Armed Drones and other related equipment to India. The estimated cost of the deal is around USD 3.99 billion (Rs 33060 crore).
   i. The Defence Security Cooperation Agency of the United States of America(USA) issued the required certifications.
   ii. MQ-9B, manufactured by the USA-based General Atomics Aeronautical, has 2 variants – Sky Guardian and Sea Guardian.
   
   
   
9. In January 2024, Padma Shri Awardee Dr ___________, the developer of India’s 1st oral contraceptive pill ‘Saheli‘ Passed Away.
   1) Vishwa Kumar Gupta
   2) Subrat Kumar Acharya
   3) Nitya Anand
   4) Alaka Deshpande
   5) Rajagopalan Krishnan
   
   Answer & Explanation

   Answer-3) Nitya Anand
   Explanation:
   Padma Shri Awardee Dr Nitya Anand, the developer of India’s 1st oral contraceptive pill ‘Saheli‘ passed away at the age of 99 in Lucknow, Uttar Pradesh(UP).
    He was honoured with the Padma Shri for Medicine in 2012.
   
   
   
10. In February 2024, Radha Raturi became 1st Woman Chief Secretary (CS) of __________ (state).
    1) Andhra Pradesh
    2) Uttarakhand
    3) Jharkhand
    4) Odisha
    5) West Bengal
    
    Answer & Explanation

    Answer-2) Uttarakhand
    Explanation:
    Pushkar Singh Dhami, Chief Minister(CM) of Uttarakhand, has appointed Radha Raturi, a 1988 batch Indian Administrative Service (IAS) Officer, as the 18th Chief Secretary (CS) of Uttarakhand.
    i. With this appointment, she became the first-ever woman to hold the post of CS in Uttarakhand since its formation in 2000.
    ii. Radha Raturi succeeded Sukhbir Singh Sandhu, a 1988 batch IAS Officer, who retired on 31st January 2024.