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Current Affairs Quiz:8 May 2024

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 8 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.

    1. Nepal government has recently (in may ‘24) introduced the new currency note featuring a map which includes the controversial border territories of Lipulekh, Limpiyadhura and Kalapani in its strategic northwest trijunction between India, Nepal and China.
      What was the denomination of the currency note?

      1) Rs 20
      2) Rs 100
      3) Rs 75
      4) Rs 90
      5) Rs 50
      Answer-2) Rs 100
      Explanation:
      Nepal government is set to introduce the new Rs 100 currency note featuring a map which includes the controversial border territories of Lipulekh, Limpiyadhura and Kalapani of Uttarakhand in its strategic northwest trijunction between India, Nepal and China.
       During the meeting held on 25th April 2024 and 2nd May 2024, The Nepal Cabinet approved to re-design the Rs 100 banknote and replace the old map printed in the background of the note.
      Note: Nepal shares a border of over 1,850 km with 5 Indian states – Sikkim, West Bengal, Bihar, Uttar Pradesh and Uttarakhand.

    2. Which Financial Institution recently (in may ‘24) signed the Master Risk Participation Agreement (MRPA) with Citigroup Inc. (Citi) to enhance supply chain financing for Small and Medium-Sized Enterprises (SMEs) across Asia-Pacific?
      1) European Investment Bank
      2) New Development Bank
      3) Asian Development Bank
      4) Asian Infrastructure Investment Bank
      5) World Bank
      Answer-3) Asian Development Bank
      Explanation:
      Asian Development Bank(ADB) and Citigroup Inc. (Citi), an American multinational investment bank, have partnered to sign a Master Risk Participation Agreement (MRPA) to enhance access to supply chain financing for Small and Medium-Sized Enterprises (SMEs) and support over USD 100 million in additional annual trade across Asia-Pacific.
       The MRPA signed between ADB’s Trade and Supply Chain Finance Program (TSCFP) and Citibank North America will enable SME across Asia to access Citi’s supply-chain finance offerings via ADB’s TSCFP.

    3. India and Ghana have recently (in may ‘24) agreed to operationalise __________ within a period of 6 months at the 4th session of India-Ghana Joint Trade Committee (JTC) held in Accra, Ghana.
      1) Unified Payment Interface
      2) Free Trade Agreement
      3) Digital Transformation
      4) Migrant Workers
      5) Double Taxation Agreement
      Answer-1) Unified Payment Interface
      Explanation:
      India and Ghana have agreed to operationalise the Unified Payment Interface (UPI) of National Payments Corporation of India (NPCI) on Ghana Interbank Payment and Settlement Systems (GHIPSS) within a period of 6 months.
       The linkage of India and Ghana payments system allows instant and low-cost fund transfers for users in both India and Ghana.
      This was discussed during the 4th session of India-Ghana Joint Trade Committee (JTC) held from 2nd to 3rd May 2024 in Accra, Ghana.

    4. In May 2024, the India Ratings and Research (Ind-Ra) Private Limited , a wholly owned subsidiary of Fitch group, raised India’s Gross Domestic Product (GDP) growth forecast for fiscal year 2024-2025 (FY25) to______ from 6.5%.
      1) 7.5 %
      2) 7.0%
      3) 8.5%
      4) 6.6%
      5) 7.1%
      Answer-5) 7.1%
      Explanation:
      On May 6 2024, The India Ratings and Research (Ind-Ra) Private Limited , a wholly owned subsidiary of Fitch group, raised India’s Gross Domestic Product (GDP) growth forecast for fiscal year 2024-2025 (FY25) to 7.1% from 6.5%.
       Ind-Ra expects average retail and wholesale inflation at 4.6% and 2.9%, respectively, in FY25.
       Ind-Ra expects private final consumption expenditure (PFCE) to grow by 7.0% year-on-year in FY25, marking a three-year high.
       The capital expenditure continues to support investment demand, with Gross Fixed Capital Formation (GFCF) forecast to increase by 8.5 % year on year in FY25.
       Ind-Ra expects goods and services exports to expand by 6.6% year on year and imports to grow by 8.8% year on year in FY25, up from 1.5% and 10.9%, respectively, in FY24.

    5. UNICEF(United Nations Children’s Fund) India has recently (in may ‘24) named bollywood actress Kareena Kapoor Khan as its __________.
      1) Youth Advocate
      2) National celebrity Ambassador
      3) Celebrity Advocate
      4) Goodwill Ambassador
      5) Brand Ambassador
      Answer-2) National celebrity Ambassador
      Explanation:
      On May 4, 2024, UNICEF (United Nations Children’s Fund) India named Bollywood Actress Kareena Kapoor Khan as its National celebrity Ambassador. In this role, she will advocate for children’s rights to early development, health, education, and gender equality.
       The appointment comes with the celebration of the 75th year of UNICEF’s partnership with India.
      Click here to view more

    6. In Which city, Indian Space Research Organisation (ISRO) has successfully conducted the first ignition test on the Semi Cryogenic Pre-Burner Ignition Test Article on 2nd May 2024?
      1) Sriharikota, Andhra Pradesh
      2) Thiruvananthapuram, Kerala
      3) Chitradurga, Karnataka
      4) Mahendragiri, Tamil Nadu
      5) Chandipur, Odisha
      Answer-4) Mahendragiri, Tamil Nadu
      Explanation:
      On May 2, 2024, the Indian Space Research Organisation (ISRO) successfully conducted the first ignition test on the Semi Cryogenic Pre-Burner Ignition Test Article (PITA) at Semi Cryo Integrated Engine Test Facility (SIET) at ISRO Propulsion Complex (IPRC) in Mahendragiri, Tamil Nadu (TN).
       The semi-cryogenic engine ignition is achieved using a Start Fuel Ampule, which utilizes a combination of Triethyle Alumnide and Triethyle Boron developed by the Vikram Sarabhai Space Centre (VSSC).
       It is used for the first time in ISRO in the 2000 kN semi-cryogenic engine.

    7. In May 2024, The Indian Air Force (IAF) and the Indian Army were planned to jointly deploy ________ Predator drones at air bases in Gorakhpur and Sarsawa, Uttar Pradesh
      1) X8 drones
      2) MQ-9B
      3) IG Drones
      4) Agribot Drone
      5) Bomber Drone
      Answer-2) MQ-9B
      Explanation:
      The Indian Air Force (IAF) and the Indian Army plan to jointly deploy MQ-9B Predator drones made by the United States of America (USA) at air bases in Gorakhpur and Sarsawa, Uttar Pradesh (UP), for upgrading surveillance capabilities along the Line of Actual Control (LAC) with China from Ladakh to Arunachal Pradesh.
      MQ-9B, manufactured by the USA-based General Atomics Aeronautical, has 2 variants – Sky Guardian and Sea Guardian.

    8. When was the World Portuguese Language Day 2024 observed across the globe?
      1) 26th March
      2) 21 February
      3) 23 April
      4) 20 March
      5) 5th May
      Answer-5) 5th May
      Explanation:
      World Portuguese Language Day 2024 was observed across the globe on 5 May to raise awareness of the Portuguese language, one of the most widely used languages of the Indo-European family, and its role in and contribution to the preservation and dissemination of human civilization and culture.
      · UNESCO celebrated the 1st World Portuguese Language Day on 5th May 2020.
      Click here to view more

    9. When was the African World Heritage Day (AWHD) 2024 observed across the globe?
      1) 18th April
      2) 22nd March
      3) 5th May
      4) 25th January
      5) 15th March
      Answer-3) 5th May
      Explanation:
      African World Heritage Day (AWHD) is annually observed across the globe on 5 May to celebrate African culture and heritage by raising awareness of the benefits of its promotion and preservation and the related challenges faced by the African continent.
      · 5th May 2024 marks the observance of the 9th edition of African World Heritage Day.
      · The theme of AWHD 2024 is “Safeguarding Africa’s Heritage through Education”.
      · The observance of AWHD is led by the United Nations Educational, Scientific and Cultural Organization (UNESCO) in collaboration with the African World Heritage Fund (AWHF) and its partners.

    10. When was the International No Diet Day (INDD) 2024 observed across the globe ?
      1) 7th June
      2) 29 September
      3) 6th May
      4) 16 October
      5) 5th March
      Answer-3) 6th May
      Explanation:
      International No Diet Day (INDD) is annually observed across the globe on 6th May to promote body positivity, self-acceptance, and the acceptance of all body shapes and sizes, as well as raise awareness about the dangers of extreme dieting.
      · The symbol of International No Diet Day is a light blue ribbon.
      · The theme of INDD 2024 is “Embrace Yourself: Reject Diet Culture, Love You”