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Current Affairs Quiz:12 April 2024

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 12 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. Which country, along with India, has recently (in April ‘24) amended the Double Tax Avoidance Agreement (DTAA) to focus on preventing tax evasion?
    1) Mauritius
    2) Ireland
    3) France
    4) Sweden
    5) United Kingdom
    Answer-1) Mauritius
    Explanation:
    The Government of the Republic of India and the Government of Mauritius have amended the India-Mauritius Double Tax Avoidance Agreement (DTAA) to focus on preventing tax evasion instead of promoting bilateral investment flows.
    i. In February 2024, the Mauritius Cabinet of Ministers approved an amendment to the DTAA with India to align with the Organisation for Economic Co-operation and Development (OECD)’s proposal on Base Erosion and Profit Shifting (BEPS).
    ii. India and Mauritius signed the protocol to amend the India-Mauritius DTAA in March 2023. Click here to read more.

  2. According to the “Global Trade Outlook and Statistics: April 2024” report released by the World Trade Organization(WTO) in April 2024, the global merchandise trade volume is projected to grow by _______ in 2024.
    1) 3.4%
    2) 5.1%
    3) 3.3%
    4) 2.6%
    5) 4.1%
    Answer-4) 2.6%
    Explanation:
    According to the “Global Trade Outlook and Statistics: April 2024” report released by the World Trade Organization(WTO), the global merchandise trade volume is projected to grow by 2.6% in 2024 and 3.3% in 2025 as demand for traded goods rebounds following a contraction in 2023.
    i. Regional conflicts, geopolitical tensions and economic policy uncertainty pose downside risks to the forecast.
    ii. As per the report, India’s merchandise export for 2023 was USD 432 billion which is 5% lower than 2022. India’s imports fell 7% to USD 673 billion.
    iii. India clocked USD 451 billion goods export in FY23 and USD 394.99 billion in April-February FY24. Click here to read more.

  3. Which payment bank has recently (in April’ 24) introduced Aadhaar ATM Service for Convenient Cash Withdrawals?
    1) Airtel Payment Bank
    2) India Post Payments Bank
    3) Paytm Payment Bank
    4) NSDL Payment Bank
    5) Fino Payments Bank
    Answer-2) India Post Payments Bank
    Explanation:
    In April 2024, The India Post Payments Bank (IPPB) introduced the Aadhaar ATM service facility for its users. It works on the principle of the Aadhaar Enabled Payment System (AePS), which was introduced by the National Payments Corporation of India (NPCI).
    • This IPPB Online Aadhaar ATM facility will enable customers to avail cash without visiting a bank or an Automated teller machine (ATM) and simply avail cash at their doorsteps with the help of a postman/gramin dak sevak.

  4. Name the company that has recently (in April ‘24) partnered with Policybazaar to offer its Insurance Products on Policybazaar Platform.
    1) TATA AIG General Insurance Company Limited
    2) Aditya Birla Sun Life Insurance Company Limited
    3) Kotak Mahindra General Insurance Company Limited
    4) ICICI Lombard General Insurance Company Limited
    5) SBI General Insurance Company Limited
    Answer-4) ICICI Lombard General Insurance Company Limited
    Explanation:
    ICICI Lombard General Insurance Company Limited has partnered with the insurance platform Policybazaar to provide a comprehensive product portfolio of ICICI Lombard to the wide user base of Policybazaar.
    • ICICI Lombard offers a range of products that span motor, health, travel, home, and business insurance.
    i. This partnership aims to enhance insurance distribution, ensuring coverage reaches every corner of India through a seamless digital platform.

  5. Which company has recently (in April’ 24) partnered with eSewa and Hotel Association of Nepal (HAN)–Pokhara to promote digital payments through Unified Payments Interface (UPI) on the Nepal payment processor Fonepay Network?
    1) Paytm
    2) Freecharge
    3) GooglePay
    4) Razorpay
    5) PhonePe
    Answer-5) PhonePe
    Explanation:
    Bengaluru (Karnataka)-based Fintech company PhonePe, has partnered with eSewa, a digital wallet service of Nepal and the Hotel Association of Nepal (HAN)–Pokhara (a regional association of HAN, Nepal) to promote digital payments through Unified Payments Interface (UPI) on the Nepal payment processor Fonepay Network.
    • This partnership is a part of the 19th Fewa New Year Festival which will be held in Nepal from 11th to 14th April 2024.

  6. Name the Indian-American actress who has been recently (in April ‘24) awarded with ‘South Asian Person of the Year’ by the South Asian Association (SAA).
    1) Melanie Chandra
    2) Pooja Kumar Bhatt
    3) Padma Lakshmi
    4) Aarti Majumdar
    5) Avantika Vandanapu
    Answer-5) Avantika Vandanapu
    Explanation:
    On 9th April 2024, The Indian-American actress Avantika Vandanapu was honored the ‘South Asian Person of the Year’ by the South Asian Association (SAA) at Harvard University, Cambridge, Massachusetts, USA (United States of America).
    i. She was recognised for her achievements and significant impact in both the international and Indian entertainment industries.
    ii. She also made her debut in Indian OTT(Over-the-top) series ‘Big Girls Don’t Cry’ (2024).

  7. Who has been recently (in April ‘24) appointed as Director of the National Judicial Academy (NJA)?
    1) Justice Surya Kant
    2) Justice Bhushan Ramkrishna Gavai
    3) Justice D.Bharatha Chakravarthy
    4) Justice Anirudhha Bose
    5) Justice Sanjiv Khanna
    Answer-4) Justice Anirudhha Bose
    Explanation:
    On 10th April 2024, Justice Anirudhha Bose retired from the Supreme Court (SC) of India. He has been serving as the SC Judge since 2019.
    i. He was appointed as Director of the National Judicial Academy (NJA) which offers training programmes to aid the judges in their judging role and in performance of court administration work.
    • The Director of NJA is appointed by Dhananjaya Yeshwant Chandrachud, Chief Justice of India (CJI) and Chairman of NJA.

  8. Which company has recently (in April ‘24) received approval from the Securities and Exchange Board of India (SEBI) for a change of control in Reliance Wealth Management Limited?
    1) Ashok Leyland
    2) Hindalco Tech Limited
    3) GOCL Corporation
    4) Asia Enterprises
    5) Hinduja Leyland Finance
    Answer-4) Asia Enterprises
    Explanation:
    The Securities and Exchange Board of India (SEBI) has given its approval to Hinduja Group-owned Asia Enterprises for a change of control in Reliance Wealth Management Limited under SEBI’s regulations governing investment advisers and portfolio managers.
    i. SEBI also approved an application for a proposed change in control at Reliance Securities under regulations governing research analysts and investment advisors.
    ii. IndusInd International Holdings Limited (IIHL), investment holding company of the Hinduja Group, made a successful bid to get Reliance Capital under the Corporate Insolvency Resolution Proceedings (CIRP) process of the Insolvency and Bankruptcy Code (IBC).

  9. Which country has recently (in April ‘24) signed an agreement with the National Aeronautics and Space Administration (NASA) to advance sustainable Human Exploration of the Moon?
    1) South Korea
    2) France
    3) Russia
    4) India
    5) Japan
    Answer-5) Japan
    Explanation:
    On 9th April 2024, Bill Nelson, National Aeronautics and Space Administration (NASA) Administrator, and Japan’s Minister of Education, Culture, Sports, Science and Technology (MEXT) Masahito Moriyama signed an agreement to advance sustainable human exploration of the Moon at the NASA Headquarters in Washington, United States of America(USA).
    i. Under the agreement, the USA will send two Japanese astronauts to the moon surface on its lunar mission.
    • Out of two Japanese astronauts, one will become the first non-American ever to land on the moon.

  10. When was the National Safe Motherhood Day (NSMD) 2024 observed across India?
    1) 11th April 2024
    2) 9th April 2024
    3) 7th April 2024
    4) 8th April 2024
    5) 10th April 2024
    Answer-1) 11th April 2024
    Explanation:
    National Safe Motherhood Day (NSMD) 2024 observed across India on 11th April 2024 to raise awareness of the significance of maternal health and wellness, promote maternal health, and reduce maternal mortality rates in India
    i. April 11 commemorates the birth anniversary of Kasturba Gandhi (1869-1944), an Indian political activist and the wife of Mohandas Karamchand Gandhi. She was born on 11 April 1869 in Porbandar, British India (now in Gujarat).
    • 11th April 2024 marks the 155th birth anniversary of Kasturba Gandhi.