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Current Affairs Quiz:1 April 2024

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 1 April 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 April 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 which city of Gujarat, Kutch Copper Limited, a subsidiary of Adani Enterprises Limited (AEL) has recently (in March’ 24) commissioned the first unit of its greenfield copper refinery project?
    1) Ahmedabad
    2) Surat
    3) Vadodara
    4) Jamnagar
    5) Mundra
    Answer- 5) Mundra
    Explanation:
    Kutch Copper Limited, a subsidiary of Adani Enterprises Limited (AEL) led by Gautam Adani, commissioned the first unit of its greenfield copper refinery project at Mundra, Gujarat, by dispatching the maiden batch of cathodes to customers.
    i. Adani Enterprises invested nearly USD 1.2 billion to set up a 0.5 million tonnes per annum (MTPA) copper smelter in the first phase.
    ii. The plant is set to achieve a full-scale capacity (1 MTPA) by Financial Year 2028-29 (FY29) (March 2029).
    iii. 15% capital allocation for environmental protection.

  2. Which Indian Institute of Technology (IIT), along with United Nations Children’s Fund (UNICEF) India and International Institute of Health Management Research (IIHMR) Delhi has recently (in March’ 24) launched ‘Digital Health Enterprise Planning Course’?
    1) IIT Madras
    2) IIT Delhi
    3) IIT Kanpur
    4) IIT Kharagpur
    5) IIT Bombay
    Answer-5) IIT Bombay
    Explanation:
    The United Nations Children’s Fund (UNICEF) India, International Institute of Health Management Research (IIHMR) Delhi, and the Indian Institute of Technology (IIT) Bombay (Mumbai, Maharashtra) have jointly launched, ‘Digital Health Enterprise Planning Course’, a comprehensive 10-week health course.
    i. The course aims to enhance healthcare delivery by utilising digital technologies in line with the Sustainable Development Goals (SDGs) and the GIDH.
    ii. The Startup Incubation and Innovation Centre (SIIC) at the IIT-Kanpur (Uttar Pradesh-UP), signed a Corporate Social Responsibility (CSR) agreement with Gliders India Limited, a Public Sector Undertaking (PSU), under the Ministry of Defence(MoD), to spearhead innovation in the healthcare sector.

  3. As per the data released by Reserve Bank of India (RBI) in March 2024, the Net claims of non-residents on India declined by USD ________ during October-December 2023 to USD 370.4 billion as at end-December 2023.
    1) 10.50 Billion
    2) 11.10 Billion
    3) 8.90 Billion
    4) 12.2 Billion
    5) 17.1 Billion
    Answer-4) 12.2 Billion
    Explanation:
    As per the latest data released by Reserve Bank of India (RBI), India’s International Investment Position (IIP) as of December 2023 showed a decline in net claims of Non-Residents on India by USD12.2 billion during the period from October to December 2023 to USD 370.4 billion as the end of December 2023.
    i. Main reason for the decline is the increase in reserve assets, surging by USD34.8 billion during Q3 FY24.
    ii. As per RBI data, the ratio of India’s international financial assets to international financial liabilities increased from 70.9%, a quarter ago to 72.4% in December 2023.

  4. In March 2024, GoI approved a simple reversionary bonus for the Postal Life Insurance (PLI) Scheme and Rural Postal Life Insurance (RPLI) Scheme for the fiscal year 2024-25 (FY25) without changing the bonus rate.
    Under the Bonus Rate of PLI Scheme, the rate of bonus will be at __________ (amount) per thousand of sum assured For Whole Life Assurance (WLA/Suraksha).
    1) Rs.76
    2) Rs.90
    3) Rs.81
    4) Rs.95
    5) Rs.99
    Answer-1) Rs.76
    Explanation:
    The Government of India (GoI) has approved a simple reversionary bonus for the Postal Life Insurance (PLI) Scheme and Rural Postal Life Insurance (RPLI) Scheme for the fiscal year 2024-25 (FY25) without changing the bonus rate.
    i. The rates of bonus for the FY25 will be applicable from 1st April 2024.
    ii. Bonus Rate of PLI Scheme: For Whole Life Assurance (WLA/Suraksha),  the rate of bonus will be at Rs.76 per thousand of sum assured.
    iii. Bonus Rate of RPLI Scheme: The bonus rate for WLA will be Rs.60 per thousand of sum assured and for Endowment Assurance (EA) (including children policy) the rate is fixed at Rs.48 per thousand of sum assured. Click here to read more.

  5. Name the company that has recently (in March’ 24) received 25 million Euro from OeEB – Oesterreichische Entwicklungsbank AG (Development Bank of Austria) to support its energy expansion plan.
    1) Adani Green Energy Limited
    2) Reliance Power Limited
    3) Suzlon Energy Limited
    4) JSW Energy Limited
    5) AmpIn Energy Transition Private Limited
    Answer-5) AmpIn Energy Transition Private Limited
    Explanation:
    AmpIn Energy Transition Private Limited received 25 million Euro investment from OeEB – Oesterreichische Entwicklungsbank AG (Development Bank of Austria) in a long term financing to support the energy expansion plans of AmpIn Energy. This will also support AmpIn to establish a local 1-Gigawatt(GW) solar cell and module production facility in Odisha.
    i. AmpIn Energy aims to build a renewable energy portfolio of 10 GW by 2030

  6. In March 2024, L&T Finance Holdings Ltd (LTFH) received approval from the Registrar of Companies (RoC) to be renamed as ____________.
    1) L&T Capital Limited
    2) L&T Capital Financial Services Limited
    3) L&T Finance Corporation Limited
    4) L&T Finance Limited
    5) L&T Investment and Finance Company Limited
    Answer-4) L&T Finance Limited
    Explanation:
    L&T Finance Holdings Ltd (LTFH), a subsidiary of Larsen & Toubro (L&T) Limited, has received approval from the Registrar of Companies (RoC) to change its name to “L&T Finance Limited(LTF)” with effect from 28th March 2024.
     In December 2023, LTFH(now LTF) completed the merger of its subsidiaries, namely L&T Finance Ltd., L&T Infra Credit Ltd., and L&T Mutual Fund Trustee Ltd., with itself to create a “Single Lending Entity”.

  7. Which country’s Satellite Communications Association, ABRASAT has recently (in March ‘24) signed an MoU with SatCom Industry Association of India (SIA-India) to boost advancement in the space sector?
    1) France
    2) Germany
    3) Singapore
    4) Saudi Arabia
    5) Brazil
    Answer-5) Brazil
    Explanation:
    The SatCom Industry Association of India (SIA-India) has signed a Memorandum of Understanding(MoU) with the Brazilian Association of Satellite Telecommunications Companies (ABRASAT -Associação Brasileira das Empresas de Telecomunicações por Satélite ) to boost advancement in the space sector.
    i. The MoU aims to foster collaboration and drive innovative ventures and technological cooperation between India and Brazil.

  8. In March 2024, A joint venture between the Rail Vikas Nigam Limited (RVNL) and Salasar Techno Engineering Limited (STEL) received a Rs 60 crore transmission project in ___________ (country).
    1) Egypt
    2) Rwanda
    3) Nigeria
    4) Angola
    5) Brazil
    Answer-2) Rwanda
    Explanation:
    A Joint Venture (JV) between the Rail Vikas Nigam Limited (RVNL) and Salasar Techno Engineering Limited (STEL), the private steel manufacturer, has bagged  “Rwanda Transmission System Reinforcement and Last Mile Connectivity project (TSRLMC)”, a transmission project of Rwanda in Central Africa.
     The project is valued at about Rs 60 crore (USD 7.152 million).
    i. The order, secured from the Energy Development Corporation Limited (EDCL), is set to be executed by the STEL in 18 months.
     RVNL owns 51% stake in the joint venture, while STEL owns the remaining 49%.

  9. Name the Indian Badminton Player who has recently (in March’ 24) won the women’s singles title of the Orlen Polish Open 2024 in Poland.
    1) Tanya Hemanth
    2) Anupama Upadhyaya
    3) Ashwini Ponnappa
    4) Pragya Jaiswal
    5) Jwala Gutta
    Answer-2) Anupama Upadhyaya
    Explanation:
    India’s Anupama Upadhyaya defeats Tanya Hemanth (India) to win the women’s singles title of the Orlen Polish Open 2024, held from 20th to 24 March 2024 in Wilanow Sports Centre, Warsaw, Poland.
     It was Anupama’s fifth international women’s singles title.
    i. The Indian pair M.R. Arjun and Dhruv Kapila won the men’s doubles title by defeating Denmark’s William Kryger Boe and Christian Faust Kjær in the finals.
    ii. Denmark’s Victor Ørding Kauffmann won the men’s singles title by defeating Jia Heng Jason Teh (Singapore) in the finals.

  10. How many medals were recently (in March ‘24) won by India in the Youth World Boxing Cup 2024 held in Montenegro?
    1) 28
    2) 30
    3) 26
    4) 39
    5) 47
    Answer-3) 26
    Explanation:
    The Indian boxing contingent won 26 medals (5 gold, 9 silver, and 12 bronze) in the Youth World Boxing Cup 2024 (33rd Adriatic Pearl tournament) held at the Hotel Splendid Conference & Spa Resort in Budva, Montenegro, from 3rd to 11th March 2024.
    i. Russia topped the medal tally with eight gold medals. India finished second with five gold medals, while Poland was in the third position with three gold medals.
    ii. Chanchal Chaudhary won a gold medal in the Women’s Youth Light Fly (50kg) category by defeating Valeria Amparan of Mexico. Click here to read more.





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