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Current Affairs Quiz:27 April 2024

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 27 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 Indian Institute of Technology (IIT)’s Incubation Centre has recently (in April’ 24) signed an MoU with the Alliance of Digital India Foundation (ADIF) to promote entrepreneurship and provide support to technology startups?
      1) IIT Delhi
      2) IIT Kharagpur
      3) IIT Madras
      4) IIT Bombay
      5) IIT Guwahati
      Answer-5) IIT Guwahati
      Explanation:
      The Alliance of Digital India Foundation (ADIF) and the Indian Institutes of Technology Guwahati(Assam) Technology Incubation Centre (IITG TIC) signed a Memorandum of Understanding (MoU) to promote entrepreneurship and provide support to technology startups.
      • The two-year MOU aims to strengthen the startup ecosystem by facilitating collaboration between ADIF’s network of startups and entrepreneurs, and IIT Guwahati’s source of innovators, faculty, and incubation facilities.

    2. In April 2024, the United Nations High Commissioner for Refugees (UNHCR) launched the UNHCR Climate Resilience Fund aiming to raise USD 100 million by _____ to shield refugees and displaced people from climate shocks.
      1) 2030
      2) 2025
      3) 2034
      4) 2047
      5) 2050
      Answer-2) 2025
      Explanation:
      On April 24, 2024, the United Nations High Commissioner for Refugees (UNHCR) launched the UNHCR Climate Resilience Fund, aiming to raise USD 100 million by 2025 for protecting refugees and displaced communities from climate change impacts and promoting their inclusion in climate-related measures.
      • It will also support a range of activities in line with UNHCR’s Focus Area Strategic Plan for Climate Action 2024-2030.
      • Four objectives of the plan are: protection, solutions, resilience, and adaptation.

    3. According to the ‘’The fourth quarterly (Q4) report for 2023’’ of the United Nations Conference on Trade and Development (UNCTAD) released in April 2024, India’s service exports increased by_________ to USD 345 billion in 2023
      1) 9.4%
      2) 10.4%
      3) 12.7%
      4) 11.4%
      5) 13.5%
      Answer-4) 11.4%
      Explanation:
      The fourth quarterly (Q4) report for 2023 of the United Nations Conference on Trade and Development (UNCTAD) states that India’s service exports increased by 11.4% to USD 345 billion in 2023, amid uncertainty in the global economy.
      • As per the report, World services export increased at 8.9% to USD 7.9 trillion in 2023.
      • The United States of America(USA) is the top performing country (developed economy) with the biggest services exports in the world at USD 999 billion followed by the United Kingdom(U.K.) at USD 584 billion and Germany at USD 440 billion.
      • Whereas China’s service export decreased by 10.1% to USD 381 billion in 2023. But, China emerged as the top performer among the developing countries in terms of services exports followed by India.

    4. Which regulatory body has recently (in April’ 24) signed an MoU with the Reserve Bank Innovation Hub (RBIH) to fastrack digital agri lending?
      1) Small Industries Development Bank of India
      2) National Bank for Agriculture and Rural Development
      3) Insurance Regulatory and Development Authority of India
      4) National Housing Bank
      5) Securities and Exchange Board of India
      Answer-2) National Bank for Agriculture and Rural Development
      Explanation:
      On April 25, 2024, the National Bank for Agriculture and Rural Development announced its partnership with the Reserve Bank Innovation Hub (RBIH), a wholly-owned subsidiary of the Reserve Bank of India (RBI), to develop a system that will help speed up the process of agricultural loans.
      • According to the agreement, NABARD will integrate its electronic Kisan Credit Card (e-KCC) loan origination system portal with Public Tech Platform for Frictionless Credit(PTPFC) of RBIH.
      • The digitization of agricultural lending will ensure instant delivery of credit to farmers. The collaboration will simplify the loan process and reduce the turnaround time for loans from 3-4 weeks to 5 minutes for 12 crore farmers in India.

    5. Which credit card provider has recently (in April’ 24) launched its first core Travel credit card with 3 variants (Miles Elite, Miles Prime, Miles)?
      1) Mastercard
      2) HDFC Card
      3) American Express
      4) SBI Card
      5) ICICI Card
      Answer-4) SBI Card
      Explanation:
      SBI Cards and Payment Services Limited (SBI Card) introduces its first travel-focused credit card, ‘SBI Card MILES,’ featuring three variants:
      SBI Card Miles Elite, SBI Card Miles Prime, and SBI Card Miles.
      • The cards are available on Mastercard and RuPay networks.
      • The ELITE variant has a joining and annual fee of Rs. 4,999 + taxes, while PRIME and MILES variants cost Rs 2,999 and Rs 1,499 + taxes, respectively
      • The Travel Credits can be converted into Air Miles / Hotel Points of respective partners.

    6. Which company has recently (in April’ 24) launched India’s first upgradable Automated Teller Machine (ATM)?
      1) Groww Pay Services Private Limited.
      2) Aurionpro Payment Solutions Private Limited
      3) Hitachi Payment Services Private Limited
      4) Lemonpay Payment Solutions Private Limited
      5) India1 Payments Limited
      Answer-3) Hitachi Payment Services Private Limited
      Explanation:
      Hitachi Payment Services Private Limited, a 100% subsidiary of Hitachi Ltd., launched India’s first upgradable Automated Teller Machine (ATM) that can be converted to a cash recycling machine (CRM) as and when a bank needs it, eliminating the need for a separate CRM.
      • These upgradable machines feature UPI-enabled cash deposits and withdrawals.
      • CRM enables customers to make cash deposits and withdrawals in the same machine.

    7. Name the Indian Wrestler who has been recently (in April’ 24) elected as the Chairman of the 7 member Athletes’ Commission of the Wrestling Federation of India (WFI).
      1) Narsingh Pancham Yadav
      2) Sushil Kumar
      3) Geeta Phogat
      4) Bajrang Punia
      5) Bhupinder Gujjar
      Answer-1) Narsingh Pancham Yadav
      Explanation:
      Former Indian Wrestler Narsingh Pancham Yadav was elected Chairman of the 7 member Athletes’ Commission of the Wrestling Federation of India (WFI), the governing body of wrestling in India.
      • In 2012, he was honoured with the Arjuna Award in Wrestling.
      Other Elected Members of Athletes Commission:
      i. Sahil (Delhi), Smitha AS (Kerala), Bharti Bhaghei (Uttar Pradesh), Khushboo S Pawar (Gujarat), Sweta Dubey (West Bengal), Nikki (Haryana) will be the convener of the Athletes commission.

    8. In April 2024, the Competition Commission of India (CCI) approved the subscription to Compulsory Convertible Debentures (CCDs) of __________ (company/corporation) by the International Finance Corporation (IFC).
      1) HGM Automotive Electronics
      2) Hitachi Limited
      3) Napino Auto and Electronics Limited
      4) Intel Corporation
      5) TRW Automotive Holdings Corporation
      Answer-3) Napino Auto and Electronics Limited
      Explanation:
      On 23rd April 2024, the Competition Commission of India (CCI) approved the subscription to Compulsory Convertible Debentures (CCDs) of Napino Auto and Electronics Limited (Napino) by the International Finance Corporation (IFC).
      • Napino manufactures electrical and electronic products primarily for 2-wheelers and a small segment of 3-wheeler and 4-wheeler vehicles.

    9. Which country has recently (in April’ 24) launched its Shenzhou-18 spacecraft with 3 astronauts to its space station?
      1) Japan
      2) Russia
      3) China
      4) Taiwan
      5) Israel
      Answer-3) China
      Explanation:
      On 25th April 2024, China launched its Shenzhou-18 spacecraft, also known as the “Divine vessel”, aboard the Long March 2-F rocket with 3 astronauts to its space station “Tiangong space station”.
      • Shenzhou-18 was launched from Jiuquan Satellite Launch Center on the edge of the Gobi Desert in northwestern China.
      i. The Shenzhou-18 crew will relieve the Shenzhou-17 team and spend approximately six months on the space station.
      ii. The Shenzhou-18 crew are scheduled to return to the Dongfeng landing site in north China’s Inner Mongolia Autonomous Region in October 2024.

    10. The United Nations (UN)’s International Chernobyl Disaster Remembrance Day 2024 was observed across the globe on __________2024.
      1) 25th April
      2) 26th April
      3) 22nd April
      4) 20th April
      5) 23rd April
      Answer-2) 26th April
      Explanation:
      The United Nations (UN)’s International Chernobyl Disaster Remembrance Day 2024 was observed across the globe on 26th April 2024 to commemorate the anniversary of the 1986 Chernobyl nuclear disaster.
      • 26th April 2024 marks the 38th anniversary of the Chernobyl nuclear disaster, which took place on 26th April 1986.
      • The 1st ever International Chernobyl Disaster Remembrance Day was observed on 26th April 2017. Click here to read more.