May 5, 2024

Daily Current Affairs Quiz: April 03, 2024

April 3, 2024
Consider the following statements regarding the "SCORES 2.0":
1. The Reserve Bank of India has launched the new version of the SEBI Complaint Redress System (SCORES 2.0).
2. SCORES is a web-based centralized grievance redress system of SEBI launched in 2011.
3. SCORES 2.0 will reduced and uniform time lines for redressal of investor complaints, which is 14 calendar days from the date of receipt of the complaint.
4. Securities and Exchange Board of India is a statutory body established on April 12, 1992 in accordance with the provisions of the Securities and Exchange Board of India Act, 1992.
Which of the above statements is/are correct?
  • (A) 1 & 2 only
  • (B) 1 & 3 only
  • (C) 2 & 4 only
  • (D) 1 & 4 only
Show Answer

ANSWER: C

 

 

Consider the following statements regarding the 'Kodaikanal Solar Observatory':
1. The 125th anniversary of the iconic Kodaikanal Solar Observatory (KSO) was celebrated on 1 April 2024 by Indian Institute of Astrophysics.
2. The government approved the establishment of the Solar Physics Observatory in Kodaikanal in August 1895.
3. Lord Wenlock, the Governor of Madras laid the foundation stone for KoSO in 1893.
4. The Systematic observations at Kodaikanal Solar Observatory commenced on March 14, 1901.
Which of the above statements is/are correct?
  • (A) 1 & 2 only
  • (B) 2 & 3 only
  • (C) 2 & 4 only
  • (D) 1 & 4 only
Show Answer

ANSWER: D

 

Consider the following statements:
1. The defence minister stated on April 1st that the arms exports reached Rs 21,083 crore in the financial year 2023-24.
2. The International Labour Organisation (ILO) and the Institute of Human Development (IHD) have released a report named “India Employment Report 2024”.
3. The National Highways Authority of India (NHAI) has enforced the 'One Vehicle, One FASTag' rule since January 1.
Which of the above statements is/are correct?
  • (A) 1 & 2 only
  • (B) 2 & 3 only
  • (C) 1 & 3 only
  • (D) 1, 2 & 3
Show Answer

ANSWER: A

 

Consider the following statements:
1. India has set an ambitious target of taking annual defence exports to Rs 50,000 crore by 2024-25.
2. According to the India Employment Report 2024, India’s working-age population (aged 15–59) increased from 61% in 2011 to 64% in 2021 and is projected to reach 65% in 2036.
3. FASTag is a device that employs Radio Frequency Identification (RFID) technology for making toll payments directly while the vehicle is in motion.
Which of the above statements is/are correct?
  • (A) 1 & 2 only
  • (B) 2 & 3 only
  • (C) 1 & 3 only
  • (D) 1, 2 & 3
Show Answer

ANSWER: B

 

Consider the following statements:
1. India's defense exports have seen significant growth in recent years, from Rs 686 crore in 2013-14 to Rs 21,083 crore in 2023-24.
2. According to the India Employment Report 2024, among the educated (secondary level or higher) unemployed youth, women accounted for a larger share (76.7%) than men (62.2%).
3. FASTag has a validity of 5 years and after purchasing, you only need to recharge/ top up the tag as per your requirement.
Which of the above statements is/are correct?
  • (A) 1 & 2 only
  • (B) 2 & 3 only
  • (C) 1 & 3 only
  • (D) 1, 2 & 3
Show Answer

ANSWER: D

  • The National Highways Authority of India (NHAI) has enforced the ‘One Vehicle, One FASTag‘ rule since April 1.
  • This directive prohibits the use of a single FASTag across multiple vehicles or the association of several FASTags with one vehicle.

ABOUT FASTAG

  • It is a device that employs Radio Frequency Identification (RFID) technology for making toll payments directly while the vehicle is in motion.
  • It is a RFID passive tag used for making toll payments directly from the customers linked prepaid or savings/current account.
  • It is affixed on the windscreen of the vehicle and enables the customer to drive through toll plazas, without stopping for any toll payments.
  • The toll fare is directly deducted from the linked account of the customer.
  • It is also vehicle specific and once it is affixed to a vehicle, it cannot be transferred to another vehicle.
Consider the following statements regarding the "Digital India Trust Agency":
1. The Reserve Bank of India is considering establishing a Digital India Trust Agency (DIGITA) to combat cyber fraud and illegal lending apps.
2. Any app which will not carry the “verified” tag of DIGITA, will be considered unauthorized.
Which of the above statements is/ are correct?
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2
Show Answer

ANSWER: C

  • The Reserve Bank of India is considering establishing a Digital India Trust Agency (DIGITA) to combat cyber fraud and illegal lending apps.

ABOUT DIGITAL INDIA TRUST AGENCY

  • It will be responsible for stopping illegal lending apps from popping up.
  • It will enable the verification of these digital lending apps and will maintain a public register of these verified applications.
  • Any app which will not carry the “verified” tag of DIGITA, will be considered unauthorized.

This will create an important and much-needed checkpoint in the fight against online financial fraud

Consider the following statements:
1. The World Bank has projected that the Indian economy will grow by 7.3% in FY2024.
2. Pakistan's economy is forecasted to grow by 2.3% in the fiscal year 2024/25 after a contraction in the previous year.
Which of the above statements is/ are incorrect?
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2
Show Answer

ANSWER: A

  • The World Bank has projected that the Indian economy will grow by 5% in FY2024.
  • The World Bank had earlier estimated a growth of 3%.
  • The overall economic growth in South Asia, which includes countries like India, Pakistan, and Sri Lanka is expected to be strong at 0% in 2024.
  • Pakistan’s economy is forecasted to grow by 2.3% in the fiscal year 2024/25 after a contraction in the previous year.
  • The economy is expected to grow by 5.7% in Bangladesh in the fiscal year 2024/25.
Which of the following has been appointed as the National President of FICCI Ladies Organization?
  • (A) Pooja Mehta
  • (B) Dhanashree Sharma
  • (C) Joyshree Das Verma
  • (D) Mayashree Puno
Show Answer

ANSWER: C

  • Joyshree Das Verma took over as the 41st National president of FICCI Ladies Organisation (FLO), the oldest women-led and women-centric business chamber of South East Asia for 2024-25.
  • She has been appointed by Israel as its Honorary Consul for Northeast India.
  • Verma is also the Director of HR firm Kaapro Management Solutions Pvt Ltd.
Who has been appointed as the first woman Prime Minister of Democratic Republic of Congo?
  • (A) Bintou Keita
  • (B) Judith Suminwa Tuluka
  • (C) Sama Lukonde
  • (D) Pranith Sukova
Show Answer

ANSWER: B

  • The African country Congo has appointed Judith Suminwa Tuluka as the country’s first woman Prime Minister.
  • Tuluka’s appointment has come at a time when there is an atmosphere of tension in the area bordering Rwanda.
  • Congo is a Central African country, its capital is
Which of the following has not been appointed as the poll icon in Himachal Pradesh?
  • (A) Lalita vakil
  • (B) Farhan Mirza
  • (C) Vijay Sharma
  • (D) Ajay Thakur
Show Answer

ANSWER: D

  • The Chamba Deputy Commissioner-cum-District Election Officer Mukesh Repaswal has appointed four poll icons under the Systematic Voters’ Education and Electoral Participation (SVEEP) programme.
  • Padma Shri award winners Lalita Vakil, Musafir Ram, and Dr Vijay Sharma have been appointed icons in the art and culture category.
  • Asian shooting championship bronze medallist Farhan Mirza has been appointed as the youth icon.

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