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Current Affairs Quiz:30 May 2024

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  1. Which organisation has recently (in May ‘24) partnered with the National Skill Development Corporation (NSDC) to advance skill development and lifelong learning in India and globally?
    1) International Society for Krishna Consciousness
    2) Coal India Limited
    3) International Labour Organization
    4) National Institute for Entrepreneurship and Small Business Development
    5) V.V. Giri National Labour Institute
    Answer-3) International Labour Organization
    Explanation:
    The National Skill Development Corporation (NSDC) under the Ministry of Skill Development and Entrepreneurship (MSDE) has signed a Memorandum of Understanding (MoU) with the International Labour Organization (ILO) to advance skill development and lifelong learning in India and globally.
    • This partnership aims to empower individuals across the globe, by equipping them with essential competencies and qualifications, thereby enhancing employability and sustainable economic growth.
    • A key aspect of the partnership is the implementation of the Skill India Digital Hub (SIDH).
    • Governments, workers’ and employers’ organizations in ILO’s member countries will be able to use SIDH to digitize systems, processes, skills delivery, and job matching, based on a cost-effective model.

  2. In May 2024, the Reserve Bank of India (RBI) launched a Retail Direct Mobile Application and a Fintech Repository.
    The RBI also launched a ________ (portal), which allows individuals or entities to apply online for regulatory approvals, licenses, and authorisations from the RBI.

    1) SARTHI portal
    2) PM-SURAJ portal
    3) SWATI Portal
    4) PRAVAAH portal
    5) CSpace portal
    Answer-4) PRAVAAH portal
    Explanation:
    On 28th May 2024, the Governor of the Reserve Bank of India (RBI), Shaktikanta Das launched 3 major initiatives namely – the Platform for Regulatory Application, Validation, and Authorisation (PRAVAAH) portal, RBI Retail Direct Mobile Application and a Fintech Repository. The main objective of these initiatives is to enhance regulatory processes, facilitate retail investment, and provide comprehensive data on the fintech sector.
    • These 3 initiatives were announced by RBI in its bi-monthly statement on Development and Regulatory Policies in April 2023, April 2024, and December 2024 respectively.
    • PRAVAAH Portal: It is a centralized, secure web-based platform that will allow individuals or entities to apply online for regulatory approvals, licenses, and authorizations from the RBI.
    • RBI Retail Direct Mobile Application: The app will facilitate seamless and convenient access to retail investors to buy and sell Government-Securities (G-Sec) directly from their smartphones (available on Android and iOS).
    • Fintech Repository: It will provide comprehensive data on fintech firms including regulated and unregulated firms.

  3. Which bank has recently (in May ‘24) collaborated with Poonawalla Fincorp Limited to launch a co-branded eLITE RuPay Credit Card?
    1) Federal Bank
    2) Indian Bank
    3) State Bank of India
    4) HDFC Bank
    5) IndusInd Bank
    Answer-5) IndusInd Bank
    Explanation:
    Poonawalla Fincorp Limited, a Cyrus Poonawalla group Non-Banking Finance Company (NBFC) in collaboration with IndusInd Bank, launched the co-branded, Poonawalla Fincorp IndusInd Bank eLITE RuPay Credit Card, to redefine and elevate the banking experience of customers by offering various rewards and benefits.
    • To ensure safe cashless transactions, ‘Total Protect’, a first-of-its-kind program has been introduced that covers an amount equal to the credit limit on the card.
    • Poonawalla Fincorp Ltd. is only involved in the marketing and distribution of this co-branded credit card under a revenue-sharing arrangement with IndusInd Bank.

  4. In May 2024, the Government of India (GoI), through the Forum for India-Pacific Islands Cooperation (FIPIC), announced a relief assistance of USD 1 million for Landslide-Hit _____________.
    1) Sri Lanka
    2) Papua New Guinea
    3) Kenya
    4) Bhutan
    5) Haiti
    Answer-2) Papua New Guinea
    Explanation:
    The Government of India (GoI) through the Forum for India-Pacific Islands Cooperation (FIPIC), announced a relief assistance of USD 1 million for Papua New Guinea (PNG) following a massive landslide that occurred on 24 May 2024 in Enga Province, PNG that buried over 2,000 people.
    • As committed to Humanitarian Assistance and Disaster Relief (HADR), India’s immediate relief assistance aims to support relief, rehabilitation, and reconstruction efforts.

  5. Name the artist who has topped the Hurun India Art List 2024 with total sales of his artwork amounting to Rs 79.9 crore.
    1) Arpita Singh
    2) Kapil Dev Prasad
    3) Anish Kapoor
    4) Shashi Tharoor
    5) Bhavi Mehta
    Answer-3) Anish Kapoor
    Explanation:
    i.According to the 6th edition of Hurun India Art List (2024) released by the Hurun Research Institute on 28th May 2024, British Indian sculptor Anish Kapoor topped the list for the 6th consecutive year.
    • He topped the list due to the robust sales of his artwork at public auctions, which amounted to Rs 79.9 crore.
    ii.Arpita Singh, 87 year old (ranked 3rd ) topped among the female artists in the list
    iii.Raghav Babbar(27) from Rohtak, Haryana, ranked at 8th spot, is the youngest Indian artist in the Hurun India Artist List 2024 with total sales of Rs 12.1 crore.
    iv.Krishen Khanna (99) is the oldest Indian artist in the list, ranked 5th with combined value of his art work Rs 18 crore. This showed an increase of 32% compared to previous year. Click here to read more

  6. In May 2024, The Appointments Committee of the Cabinet (ACC) approved the appointment of ____________ as the Secretary to the Lokpal of India.
    1) Rakesh Ranjan
    2) Raj Kumar Goyal
    3) Rajendra Kumar
    4) Amit Yadav
    5) Pradip Kumar Tripathi
    Answer-5) Pradip Kumar Tripathi
    Explanation:
    On 27th May 2024, The Appointments Committee of the Cabinet (ACC) of the Department of Personnel and Training (DoPT) under the Ministry of Personnel, Public Grievances and Pensions (MoPP&P) approved five secretary-level appointments.
    i.Pradip Kumar Tripathi, a 1987-batch Indian Administrative Service officer (IAS) of Arunachal Pradesh-Goa-Mizoram and Union Territory (AGMUT) cadre has been appointed as the Secretary to the Lokpal of India till the date of his superannuation (30th June 2024).
    ii. Raj Kumar Goyal, a 1990-batch IAS officer of AGMUT cadre has been appointed as the Secretary in the Department of Justice under the Ministry of Law & Justice(MoL&J).
    iii. Rajendra Kumar, a 1992-batch IAS officer of Tamil Nadu (TN) cadre has been appointed as the Secretary in the Department of Border Management under the MHA.
    iv. Amit Yadav, a 1991-batch IAS officer of AGMUT cadre has been appointed as the Officer on Special Duty (OSD) in the Department of Social Justice & Empowerment, Ministry of Social Justice and Empowerment(MoSJE) in the rank and pay of Secretary to the Government of India (GoI).
    v.Rakesh Ranjan, a 1992-batch IAS officer of Manipur cadre has been appointed as the Chairman of Staff Selection Commission (SSC).

  7. Who has been recently (in May ‘24) elected as the chairman of the National Agricultural Cooperative Marketing Federation of India Ltd (NAFED)?
    1) Ashish Vijayakar
    2) Dileep Sanghani
    3) Ranjeet Kumar Agarwal
    4) Jethabhai Bharvad
    5) Vivek Kumar Gupta
    Answer-4) Jethabhai Bharvad
    Explanation:
    Jethabhai Bharvad (Ahir) of Bharatiya Janata Party (BJP), a Member of the Legislative Assembly (MLA) from the Shehra constituency (Gujarat) has been elected unopposed as the chairman of the National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) in the election held in Delhi.
    • He replaces Bijender Singh who held the position as NAFED Chairman since 2007.
    • He has been serving as a deputy speaker of the Gujarat Assembly since 2022.

  8. Which company has recently (in May ‘24) entered into an agreement to sell its 30% minority stake in Tata Play Limited to Tata Group for approximately USD 1 billion?
    1) Viacom18
    2) Walt Disney
    3) Sony Pictures
    4) Adani group
    5) Zee Entertainment
    Answer-2) Walt Disney
    Explanation:
    The Walt Disney Company has entered an agreement to sell its 30% minority stake in a satellite TV service provider Tata Play Limited to Tata Group, valuing the company at approximately USD1 billion.
    i.In February 2024, Disney signed a binding agreement to combine its India unit with Viacom18 Media Private Limited creating a massive USD8.5 billion entertainment entity.
    ii.In April 2024, Singaporean state-owned investment firm Temasek Holdings Limited sold its 10% stake (USD100 million) in Tata Play to Tata Sons for Rs 835 crore, raising Tata Son’s shareholding in Tata Play to 70%.

  9. Name the algal species that has recently (in may ‘24) been discovered by the phycologists in the Western Ghats in Kollam district, Kerala.
    1) Neptis philyra
    2) Polygonum Chaturbhujanum
    3) Melanochlamys Droupadi
    4) Indopria angulata
    5) Oedocladium sahyadricum
    Answer-5) Oedocladium sahyadricum
    Explanation:
    Phycologists from the Department of Botany, Catholicate College in Pathanamthitta, Kerala, has discovered Oedocladium sahyadricum, a new algal species in the natural forests (Western Ghats) of Kumbhavurutty region in Kollam district, Kerala.
    i.The name ‘sahyadricum’ refers to the ‘Western Ghats’, also known as Sahyadri
    ii.This is the first time a species in the Oedocladium category has been recorded in Kerala.
    iii.This discovery was published in Taiwania, an International Journal of Biodiversity.
    Note: Phycology is the study of algae and the person or scientist who studies algae is called a phycologist.

  10. When was the International Day of United Nations (UN) Peacekeepers observed across the globe?
    1) January 27
    2) May 29
    3) February 4
    4) April 6
    5) March 26
    Answer-2) May 29
    Explanation:
    International Day of United Nations (UN) Peacekeepers is annually observed across the globe on 29th May to pay tribute to the professionalism, dedication, and courage of UN peacekeepers, the uniformed civilian, military, and police personnel all working together to protect civilians.
    • 29 May 2024 marks the 76th anniversary of UN Peacekeeping, which began in 1948 when the UN Security Council (UNSC) authorised the deployment of UN military observers to the Middle East.
    • The theme of International Day of UN Peacekeepers 2024 is “Fit for the Future: Building Better Together”.
    • The 1st ever International Day of the UN Peacekeepers was observed on 29 May 2003.
    • Indian Military Naik, Dhananjay Kumar Singh, who served with the UN Stabilisation Mission in the Democratic Republic of Congo (MONUSCO), was honoured posthumously with the UN Dag Hammarskjöld Medal for 2024.
    • Indian Army peacekeeper, Major Radhika Sen, was conferred with the 2023 Military Gender Advocate of the Year Award.
    • India is the 2nd largest contributor of uniformed personnel to UN Peacekeeping, and currently deploys more than 6,000 military and police personnel to the UN operations.
    • India is currently the 11th largest contributor of women military peacekeepers to the UN with 124 now deployed.Click here to read more