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Current Affairs Quiz:3 April 2024

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  1. According to the data released by the Ministry of Defence (MoD) in April 2024, the Indian defence sector has recorded the highest ever defence exports of _________ crore in FY (2023-2024).
    1) Rs. 21,083
    2) Rs. 20,066
    3) Rs. 19,094
    4) Rs. 23,053
    5) Rs. 22,097
    Answer & Explanation
    Answer-1) Rs. 21,083
    Explanation:
    As per the data released by the Ministry of Defence (MoD), the Indian defence sector has recorded the highest ever defence exports of Rs. 21,083 crore i.e. approximately USD2.63 billion in FY (2023-2024).
    i. The data shows a growth of 32.5% compared to last fiscal (FY 2022-2023), when defence export was recorded Rs15,920 crore.
    ii. The latest figures indicate that the defence exports have grown by 31 times in the last decade over the FY 2013-2014.

  2. In which state, the Indian Air Force (IAF) has recently (in April ‘24) launched ‘Gagan Shakti-2024’, a 10-day war exercise?
    1) Gujarat
    2) Maharashtra
    3) Rajasthan
    4) Arunachal Pradesh
    5) Uttarakhand
    Answer & Explanation
    Answer-3) Rajasthan
    Explanation:
    The Indian Air Force (IAF) has launched a 10-day war exercise named ‘Gagan Shakti-2024’ from April 1 to April 10, 2024, to display its prowess in executing high-intensity operations across India.
    i. The Pokhran Field Firing Range in Jaisalmer, Rajasthan; Bhuj in Gujarat; Ladakh, Arunachal Pradesh; and other locations nationwide will host the exercise.
    ii. Fighter planes and helicopters will engage pseudo targets at Pokhran Field Firing Ranges.
    iii. The Indian Army is providing logistical support, including passenger trains named Sanyukta Express.

  3. Which company has recently (in April ‘24) signed a multi-year deal worth USD 100 million with an Airbus Atlantic group entity to supply 2300 varieties of metallic components?
    1) Tata Advanced Systems Limited
    2) Hindustan Aeronautics Limited
    3) BrahMos Aerospace Private Limited
    4) Lockheed Martin India Private Limited
    5) Mahindra Aerostructures Private Limited
    Answer & Explanation
    Answer-5) Mahindra Aerostructures Private Limited
    Explanation:
    Mahindra Aerostructures Private Limited (MASPL) has signed a multi-year deal worth USD 100 million with an Airbus Atlantic group entity.
    i. As per the deal, Mahindra Aerostructures will supply nearly 2300 varieties of metallic components to Airbus Atlantic in France from its manufacturing unit in India.
    ii. MASPL will manufacture and deliver metallic components and small assemblies for the entire Airbus commercial aircraft family, including the A320 series.

  4. As of April 2024, the Indian government has raised Rs. ___________in 2023-24 by selling its stakes in about 10 state-run companies.
    1) Rs. 16,500 crores
    2) Rs. 20,800 crores
    3) Rs. 25,879 crores
    4) Rs. 18,987 crores
    5) Rs. 33,808 crores
    Answer & Explanation
    Answer-1) Rs. 16,500 crores
    Explanation:
    In the fiscal year 2023-24, the Indian government has raised Rs. 16,500 crores through stake sales in about 10 state-run companies. This amount however fell short by about 9% compared to the internal target of Rs 18,000 crore.
    i. Despite lower stake sale receipts, the government received higher dividends from state-run companies, totaling about Rs 63,000 crore in 2023/24, surpassing the target of Rs. 50,000 crore.

  5. Who has been recently (in April ‘24) appointed as the Managing Director (MD) and Chief Executive Officer of Axis Capital Limited?
    1) Parag Gude
    2) Atul Mehra
    3) Rajesh Kumar
    4) Rakesh Sharma
    5) Amith Patel
    Answer & Explanation
    Answer-2) Atul Mehra
    Explanation:
    Axis Capital Limited (Erstwhile ENAM Securities Private Limited) has appointed Atul Mehra as its Managing Director (MD) and Chief Executive Officer (CEO), succeeding Salil Pitale, who held the interim MD & CEO position from 2018-2024.
    i. Axis Capital has also appointed Parag Gude as the Chief Operating Officer (COO) of Institutional Equities and Dhaval Desai as Head of Cash Equities.

  6. Who has been recently (in April ‘24) appointed as the Managing Director (MD) of Tata International Limited (TIL)?
    1) Ajay Rathore
    2) Ashwini Kumar
    3) Rajeev Singhal
    4) Uthhav Singh
    5) Rakesh Chandra
    Answer & Explanation
    Answer-3) Rajeev Singhal
    Explanation:
    On April 1 2024, The Tata International Limited (TIL), the global trading and distribution arm of Tata Group, appointed Rajeev Singhal as its Managing Director (MD).
    i. Rajeev Singhal succeeded Anand Sen, who attained retirement on March 31, 2024.
    ii. Prior to his appointment he was serving as the Executive Director (ED) and Chief Operating Officer (COO) at TIL.

  7. Who has been recently (in April ‘24) appointed as the first woman Prime Minister of the Democratic Republic of the Congo (DRC)?
    1) Irene Esambo
    2) Gertrude Kitembo Mpala
    3) Wivine Mumba Matipa
    4) Judith Suminwa Tuluka
    5) Chantal Safu
    Answer & Explanation
    Answer-4) Judith Suminwa Tuluka
    Explanation:
    Felix Tshisekedi, President of the Democratic Republic of the Congo (DRC), appointed Judith Suminwa Tuluka as the first woman Prime Minister of the DRC.
    i. She succeeded Jean-Michel Sama Lukonde who served as the Prime Minister of DRC since 2021.

  8. Which company has recently (in April ‘24) collaborated with OpenAI to invest USD 100 billion for Stargate, an Artificial Intelligence (AI) supercomputer data centre project?
    1) Microsoft Corporation
    2) Oracle Corporation
    3) Apple Inc.
    4) International Business Machines
    5) Google
    Answer & Explanation
    Answer- 1) Microsoft Corporation
    Explanation:
    Microsoft Corporation and OpenAI announce a joint plan for Stargate, an AI (Artificial Intelligence) supercomputer data centre project in the U.S., estimated to cost upto USD 100 billion and set for launch in 2028.
    i. Stargate will be the fifth phase of a supercomputer series, with the fourth phase expected by 2026.

  9. When was the United Nations (UN) World Autism Awareness Day (WAAD) 2024 observed across the globe?
    1) 1st April 2024
    2) 2nd April 2024
    3) 30th March 2024
    4) 31st March 2024
    5) 28th March 2024
    Answer & Explanation
    Answer-2) 2nd April 2024
    Explanation:
    The United Nations (UN) World Autism Awareness Day (WAAD) 2024 observed across the globe on 2nd April 2024 to raise awareness about Autism spectrum disorder (ASD) and promote the realisation of human rights and basic freedoms for autistic individuals on an equal basis with others.
    i. 2 April 2024 marks the observance of the 17th annual World Autism Awareness Day. Click here to read more.

  10. When was the International Children’s Book Day (ICBD) 2024 observed across the globe?
    1) 2nd April 2024
    2) 1st April 2024
    3) 30th March 2024
    4) 31st March 2024
    5) 28th March 2024
    Answer & Explanation
    Answer-1) 2nd April 2024
    Explanation:
    International Children’s Book Day (ICBD) 2024 observed across the globe on 2nd April 2024 , the birth anniversary of Danish author Hans Christian Andersen, known for his fairy tales, to foster a love for reading among children and highlight the importance of children’s books.
    i. International Board on Books for Young People (IBBY) Japan (JBBY) is the official sponsor of ICBD 2024, under the theme “Cross the Seas on the Wing of your Imagination“.
     “Imagination” is the keyword for ICBD 2024. Click here to read more.





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