AffairsCloud brings you the complete and important daily Current Affairs Quiz 21 May 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 May 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.
- In May 2024, SEBI amended its Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015 with SEBI (LODR) (Amendment) 2024 for revising the method for calculating _____________ of listed companies.
1) Complaint Redressal
2) Account statement
3) Market Capitalization
4) Company Ratings
5) settlement cycleAnswer-3) Market Capitalization
Explanation:
On May 17, 2024, the Securities and Exchange Board of India (SEBI) amended its Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015 with SEBI (LODR) (Amendment) 2024 for revising the method for calculating the market capitalization of listed companies under the LODR Regulations.
• Instead of using a single day’s market cap (previously calculated on March 31), SEBI now employs an ‘Average Market Capitalization’ over a defined period.
• This change affects ten provisions in the LODR Regulations viz. 3, 15, 17, 21, 25, 26A, 29, 30, 34, 43A, 44.
• The change follows recommendations from a SEBI-appointed expert committee chaired by former whole-time member Santosh Kumar (SK) Mohanty, aimed at facilitating ease of business.
• The changes will impact the Top 100/top 250 companies based on market capitalisation. For the rest of the companies, the framework is still voluntary. Click here to read more - Which bank has recently (in May ‘24) emerged as the top performer among Public Sector Banks (PSBs) in terms of business growth during the Fiscal Year 2023-24 (FY24)?
1) State Bank of India
2) Bank of Maharashtra
3) Canara Bank
4) Indian Bank
5) Bank of BarodaAnswer-2) Bank of Maharashtra
Explanation:
Bank of Maharashtra (BoM) emerged as the top performer among Public Sector Banks (PSBs) in terms of business growth during the Fiscal Year 2023-24 (FY24), according to published financial numbers of the public sector banks (PSBs). BoM recorded a remarkable 15.94% rise in total business (domestic) in FY24.
• State Bank of India (SBI) followed closely with a growth rate of 13.12%.
• SBI’s total business (deposit and advances) stood significantly higher at Rs 79,52,784 crore (about 16.7 times) compared to BoM’s Rs 4,74,411 crore.
• State Bank of India (SBI), the largest state-owned lender in India, announced its Q4FY24 results, showcasing robust performance with a net profit of Rs 20,698.35 crore, up 24% from Q4FY23. Click here to read more - Which automobile company has recently (in May ‘24)secured an order worth Rs 250 crore from Northern Coal Fields Limited (NCL) for supplying 28 units of BH100 rear dump trucks?
1) Ashok Leyland Limited
2) BMW Group
3) JSW MG Motor India Pvt Ltd
4) BEML Limited
5) Eicher MotorsAnswer-4) BEML Limited
Explanation:
BEML Limited (formerly Bharat Earth Movers Limited) has secured an order worth Rs 250 crore from Northern Coalfields Limited (NCL) for supplying 28 units of BH100 rear dump trucks.
• Under this order, the dumpers will be maintained through a 5-year Guaranteed Spare Parts contract, ensuring operational efficiency.
• The BH100 Rear Dump Truck can transport payloads of up to 100 tonnes, ideally for heavy-duty mining operations. - Who was recently (in May ’24) sworn in as the 16th President of Taiwan (Republic of China (ROC)) in a ceremony held at the presidential office in Taipei?
1) William Lai Ching
2) Felix Tshisekedi
3) Bernardo Arévalo
4) Tamas Sulyok
5) Tsai Ing-wenAnswer-1) William Lai Ching
Explanation:
Dr William Lai Ching-te, a doctor turned politician was sworn in as the 16th President of Taiwan (Republic of China (ROC)) in a ceremony held at the presidential office in Taipei. The First Lady and Vice President Bi-khim Hsiao also attended the inaugural celebrations.
• William Lai Ching-te succeeded Tsai Ing-wen, the 1st female head of state of Taiwan and Asia, who served as president for 2 consecutive 4-year terms since 2016.
• Bi-khim Hsiao succeeded Lai Ching-te as the 16th Vice President of Taiwan. - Name the weapon system that has been recently (in May ‘24) handed over to the Indian Army by the Indo-Russian Rifles Private Limited (IRRPL) located in Amethi, Uttar Pradesh.
1) BrahMos
2) AK-203 Assault Rifles
3) Unmanned Aircraft Systems
4) Bogie Open Military wagons
5) Man-Portable Anti-tank Guided MissileAnswer-2) AK-203 Assault Rifles
Explanation:
The Indo-Russian Joint Venture (JV), Indo-Russian Rifles Private Limited (IRRPL) based in Amethi, Uttar Pradesh, handed over 27,000 AK-203 assault rifles to Indian Army. These assault rifles achieved 25% of localization.
• The 1st 70,000 rifles will be manufactured in India with a gradual increase of localization from 5% to 70%, remaining rifles will be manufactured with 100% localization.
• These assault rifles will be manufactured through a special purpose Joint Venture (JV) called Indo-Russian Rifles Private Limited (IRRPL) at Korwa Ordnance factory in Amethi, Uttar Pradesh.
• AK-203 assault rifle has a magazine capacity of 30 rounds. It has an effective range of 800m.
• It has a gas-operated, rotary bolt-locking rifle and can fire 600 rounds in one minute. - Name the AI platform that has been recently (in May ‘24) launched jointly by 3AI Holding and Seetha Mahalaxmi Healthcare (SML) in 98 global languages, including 12 Indian languages.
1) IndiaAI
2) Assert AI
3) BharatGPT
4) Hanooman AI
5) Bobble AIAnswer-4) Hanooman AI
Explanation:
Abu Dhabi(United Arab Emirates (UAE))-based AI investment firm 3AI Holding and Seetha Mahalaxmi Healthcare (SML) India have launched India’s homegrown generative artificial intelligence (GenAI) platform ‘Hanooman AI’, an Indian large language model (LLM) in 98 global languages, including 12 Indian languages, along with text translation capabilities.
• The 12 Indian languages are Hindi, Marathi, Gujarati, Bengali, Kannada, Odia, Punjabi, Assamese, Tamil, Telugu, Malayalam, and Sindhi.
• The platform aims to serve four sectors, including healthcare, governance, financial services, and education. - In which Badminton World Federation (BWF) tournament did Indian pair Satwiksairaj Rankireddy and Chirag Shetty win the men’s double title?
1) Australian Open
2) Tokyo Open
3) Bengaluru Open
4) Chennai Open
5) Thailand OpenAnswer-5) Thailand Open
Explanation:
Indian shuttlers Satwiksairaj Rankireddy and Chirag Shetty have won the men’s doubles title in the Badminton World Federation (BWF) Thailand Open Super 500 badminton tournament 2024 which was held from 14th to 19th May 2024 in Bangkok, Thailand.
• The world No. 3 Indian pair clinched the title by defeating the 29th-ranked Chen Bo Yang and Liu Yi of China.
• This was their second tournament win of 2024 and second Thailand Open title after winning it in 2019.
• The Indian duo won the Swiss Open, the Indonesia Open and the Korea Open in 2023 as well as won the French Open Super 750 in March 2024.Click here to view full winner list - In May 2024, Red Bull’s Max Verstappen won the_________ title by defeating McLaren’s Lando Norris, who finished second in the race.
1) Australian Grand Prix
2) Miami Grand Prix
3) Emilia-Romagna Grand Prix
4) Spanish Grand Prix
5) French Grand PrixAnswer-3) Emilia-Romagna GP
Explanation:
Red Bull’s Max Verstappen won the Emilia Romagna Grand Prix(GP) 2024 title by defeating McLaren’s Lando Norris who finished on the second spot. The Emilia-Romagna Grand Prix was held on 19th May 2024 in Imola, Italy.
• This was the 59th Formula 1 win of his career and third consecutive win in Imola, Italy.
• Ferrari’s Charles Leclerc clinched the third position while McLaren’s Oscar Piastri finished fourth in the race.
• The 2024 Emilia Romagna Grand Prix (officially the Formula 1 MSC Cruises Gran Premio del Made in Italy e dell’Emilia-Romagna) is the seventh race of the 2024 FIA Formula One World Championship. - In May 2024, Iran’s Vice President Mohammad Mokhber was appointed as Interim President of Iran following the death of Iranian President __________ in a helicopter crash in northwestern Iran.
1) Hage Geingob
2) Ebrahim Raisi
3) Sebastian Pinera
4) Brian Mulroney
5) Qasem SoleimaniAnswer-2) Ebrahim Raisi
Explanation:
On May 19 2024, Iran’s 8th President Ebrahim Raisa was died in a helicopter crash in northwestern Iran (Iran-Azerbaijan border), Following his death Iran’s 1st Vice President Mohammad Mokhber was appointed as Interim President of Iran for 50 days (before mandatory presidential elections).
• Iran’s government cabinet also appoints Deputy Foreign Minister Ali Bagheri Kani as acting foreign minister after the death of Hossein Amir-Abdollahian in the crash.
• Mohammad Mokhber’s elevation to presidential office will be subject to the approval of Supreme Leader Ayatollah Ali Khamenei.
• Ebrahim Raisi won Iran’s 2021 presidential election with 62% of the vote. - When was World Bee Day observed across the globe by the United Nations?
1) July 29
2) August 12
3) May 20
4) April 25
5) March 18Answer-3) May 20
Explanation:
The United Nations (UN) World Bee Day is annually observed across the globe on 20 May to raise awareness about the importance of bees and beekeeping globally and the significance of pollinators, the threats they face, and their contribution to sustainable development.
• World Bee Day 2024 was focused on the theme “Bee Engaged with Youth.”
• The 1st World Bee Day was observed on 20 May 2018.
• May 20 coincides with the birthday of Anton Janša of Slovenia, a pioneer of modern apiculture (beekeeping) techniques in the 18th century.Click here to read more
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