Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2024 of 12th to 14th October 2024. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2024 & other competitive exams can make use of these Current Affairs Quiz.

 

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1) Recently in Oct’24, What percentage of Unified Payment Interface (UPI) transactions rose in the first six months of 2024 (H1CY24) compared to the same time in 2023 (H1CY23)?

(a) 50%

(b) 51%

(c) 49%

(d) 52%

(e) 53%

2) The Reserve Bank of India (RBI) has requested asset reconstruction companies (ARCs) to join all credit information companies (CICs) and transmit the necessary data to them in accordance with the Uniform Credit Reporting Format. Currently, how many credit information companies (CICs) exist?

(a) 2

(b) 3

(c) 4

(d) 5

(e) 6

3) How much did non-banking financial companies secure from the domestic debt capital market in H1FY25?

(a) Rs 3.2 trillion

(b) Rs 3.1 trillion

(c) Rs 3.0 trillion

(d) Rs 2.2 trillion

(e) Rs 2.1 trillion

4) The RBI received bids worth ₹24,453.3 crore for government securities during the repurchase auction. As of October 9, banking system liquidity was at how many lakh crores?

(a) ₹1.29 lakh crore

(b) ₹1.25 lakh crore

(c) ₹1.26 lakh crore

(d) ₹1.21 lakh crore

(e) ₹1.28 lakh crore

5) The SEBI has extended the deadline for direct distribution of securities to Demat accounts from which date to November 11, 2024 to facilitate smooth implementation?

(a) October 12,2024

(b) October 14,2024

(c) October 15,2024

(d) October 10,2024

(e) October 1,2024

6) Which company and Citigroup have partnered to offer 24/7 cross-border payments using debit cards, boosting payment possibilities for consumers and companies abroad?

(a) Visa

(b) Mastercard

(c) Rupay

(d) American Express

(e) Amazonpay

7) The Cabinet Committee on Security (CCS), led by Prime Minister Narendra Modi, authorized Phase III of the Space-Based Surveillance (SBS) initiative to improve land and marine domain awareness. Over the next decade, how many surveillance satellites will be launched into low and geostationary orbits?

(a) 51

(b) 50

(c) 52

(d) 53

(e) 55

8) The central government has allocated about ₹1.78 lakh crore in tax devolution to state governments. Which state received the greatest share (₹31,962 crore)?

(a) Maharashtra

(b) Madhya Pradesh

(c) Gujarat

(d) Uttar Pradesh

(e) Sikkim

9) In Mumbai, Maharashtra, the High-Level Joint Task Force on Investments (HLJTFI) between India and the United Arab Emirates (UAE) held its 12th meeting. Which year did the HLJTFI establish itself?

(a) 2011

(b) 2010

(c) 2012

(d) 2013

(e) 2015

10) Which state's Ratapani Wildlife Sanctuary is about to become the eighth tiger reserve in the state and the first in India to be situated close to a major city?

(a) Maharashtra

(b) Madhya Pradesh

(c) Gujarat

(d) Uttar Pradesh

(e) Sikkim

11) The Maharashtra Cabinet, chaired by Chief Minister Eknath Shinde, approved a motion recommending the Central Government to bestow the Bharat Ratna, India's highest civilian award, to Ratan Tata. In which year did the Maharashtra government present Ratan Tata with the inaugural 'Udyog Ratna' Award?

(a) 2021

(b) 2022

(c) 2023

(d) 2020

(e) 2019

12) Which city hosted the Indane XTRATEJ HORECA Harmony Meet, organized by Indian Oil, which brought together prominent figures from the city's hospitality sector, such as restaurateurs, hotels, and caterers?

(a) Kochi

(b) Kolkata

(c) Jaipur

(d) New Delhi

(e) Bengaluru

13) The World Trade Organization (WTO) has revised its growth predictions for the global merchandise trade, including changes for the upcoming years that are both upward and negative. The WTO has lowered its forecast for the growth of global merchandise trade in 2025 from 3.3% to what percentage?

(a) 3.0%

(b) 3.1%

(c) 3.2%

(d) 2.9%

(e) 2.5%

14) Recently (Oct’24),   Han Kang, a prominent South Korean novelist known for her passionate poetic language about historical tragedies and the fragility of human existence, received the 2024 Nobel Prize in Literature. Who got the Nobel Prize for Literature in 2023?

(a) Pierre Agostini

(b) Moungi G. Bawendi

(c) Narges Mohammadi

(d) Claudia Goldin

(e) Jon Fosse

15) For which category will Nihon Hidankyo, a Japanese group that represents those who survived the atomic bombs of Hiroshima and Nagasaki, get as the 2024 Nobel Prize from the Norwegian Nobel Committee?

(a) Physics

(b) Chemistry

(c) Peace

(d) Physiology

(e) Economic Science

16) The Indian Railway Finance Corporation (IRFC) has named Manoj Kumar Dubey as its chairman, managing director (CMD), and CEO. Where is IRFC's headquarters located?

(a) Mumbai

(b) Kolkata

(c) Jaipur

(d) New Delhi

(e) Bengaluru

17) Recently (Oct’24), Noel Tata, Ratan Tata's half-brother, has been chosen Chairman of Tata Trusts, following a board meeting in Mumbai. Noel's hiring is significant since Tata Trusts controls what percent of Tata Sons?

(a) 61%

(b) 66%

(c) 49%

(d) 51%

(e) 55%

18) The Reserve Bank of India (RBI) has approved Partha Pratim Sengupta as the next Managing Director and Chief Executive Officer (MD & CEO) of which bank for a three-year term beginning November 10, 2024?

(a) Federal bank

(b) RBL bank

(c) Bandhan bank

(d) YES bank

(e) Karnataka bank

19) Recently (Oct’24) the Amazon has bought the free streaming OTT platform MX Player and integrated it with its content streaming service miniTV to create 'Amazon MX Player'. Who was the head of Amazon MX Player?

(a) Chandra Kumar Ghosh

(b) Arun Mittal

(c) Karan Bedi

(d) Priyanka Gupta

(e) Sushil Kumar

20) Which IIT and Hindustan Zinc Limited have inked a Memorandum of Understanding (MoU) to work together to create a prototype 1 kWh electrically rechargeable zinc-air battery?

(a) IIT Kanpur

(b) IIT Madras

(c) IIT Mandi

(d) IIT Delhi

(e) IIT Bombay

21) The richest people in India now have a total net worth of almost $1.1 trillion, surpassing the trillion-dollar threshold. Who was at the top of the list?

(a) Shiv Nadar

(b) Mukesh Ambani

(c) Gautham Adani

(d) Sunil Mittal

(e) Cyrus Poonawalla

22) In order to enhance the state's IT policy and investment potential, which government signed a Memorandum of Understanding (MoU) with the National Association of Software and Service Companies (NASSCOM)?

(a) Assam

(b) Bihar

(c) Chandigarh

(d) Jharkhand

(e) Gujarat

23) Recently (oct’24),  IPS Officer Anita Roy Makes History with Gold Medal at Commonwealth Bench Press Competition. Where was the event held in?

(a) Hong Kong

(b) South Africa

(c) Russia

(d) China

(e) Norway

24) According to the report, Rafael Nadal Announces Retirement Following Legendary Tennis Career. Which year did Nadal start professional at the age of 15 and immediately rise to the top of the sport's hierarchy?

(a) 2000

(b) 2001

(c) 2002

(d) 2003

(e) 2004

25) Which of the following pair is incorrectly matched?

(a) World Arthritis Day - October 12

(b) World Standards Day -  October 13

(c) International Day for Disaster Risk Reduction - October 13

(d) Only B

(e) All pairs are correcly matched

Answers :

1) Answer: D

Short Explanation:

The Unified Payment Interface (UPI) transaction volumes increased by 52% in the first six months of 2024 (H1CY24) compared to the same period in 2023 (H1CY23).

The volume rose from 51.9 billion transactions in H1CY23 to 78.97 billion transactions in H1CY24.

Detailed Explanation:

The Unified Payment Interface (UPI) transaction volumes increased by 52% in the first six months of 2024 (H1CY24) compared to the same period in 2023 (H1CY23).

The volume rose from 51.9 billion transactions in H1CY23 to 78.97 billion transactions in H1CY24.

Growth in Transaction Value:The value of UPI transactions grew by 40%, increasing from Rs 83.16 trillion in H1CY23 to Rs 116.63 trillion in H1CY24.

Average Ticket Size:The average ticket size of UPI transactions decreased to Rs 1,478 in H1CY24 from Rs 1,603 in H1CY23, indicating a trend towards smaller value transactions.

Daily Transactions Milestone:In September 2024, daily UPI transactions surpassed 501 million, marking the highest volume since UPI's launch in 2016.

2) Answer: C

Short Explanation:

The Reserve Bank of India (RBI) asked the asset reconstruction companies (ARCs) to become members of all the credit information companies (CICs) and submit the required data to them as per the Uniform Credit Reporting Format.

Currently, there are four CICs-TransUnion CIBIL, Experian, Equifax, and CRIF High Mark.

Detailed Explanation:

The Reserve Bank of India (RBI) asked the asset reconstruction companies (ARCs) to become members of all the credit information companies (CICs) and submit the required data to them as per the Uniform Credit Reporting Format.

Currently, there are four CICs-TransUnion CIBIL, Experian, Equifax, and CRIF High Mark.

Alignment with Reporting Standards:The updated guidelines aim to align Asset Reconstruction Companies (ARCs) with the same reporting standards used by banks and Non-Banking Financial Companies (NBFCs).

Uniform Credit Reporting Format:ARCs must report credit data in the Uniform Credit Reporting Format as prescribed by the Reserve Bank of India (RBI).

This requirement will commence by January 1, 2025, ensuring that borrowers' credit profiles remain updated and accurately reflect their repayment behavior.

3) Answer: A

Short Explanation:

Funds raised by non-banking financial companies (NBFCs), including state-owned finance companies and refinance institutions, from the domestic debt capital market exceeded Rs 3.2 trillion in the April to September period of financial year 2025 (H1FY25).

Out of the total funds, over Rs 74,507 crore were raised in September, 2024 alone, marking the highest amount in the current financial year and second highest in the calendar year.

Detailed Explanation:

Funds raised by non-banking financial companies (NBFCs), including state-owned finance companies and refinance institutions, from the domestic debt capital market exceeded Rs 3.2 trillion in the April to September period of financial year 2025 (H1FY25).

Out of the total funds, over Rs 74,507 crore were raised in September, 2024 alone, marking the highest amount in the current financial year and second highest in the calendar year.

Year-on-Year Growth : According to Prime Database, in H1FY25, funds raised by NBFCs from debt capital markets totaled to Rs 3.23 trillion, up 3.11% year-on-year (Y-o-Y) during the same period last year.

Total Funds in 2024: Up to September 2024, the total funds raised by NBFCs amounted to ₹5.09 trillion, reflecting a nearly 4% increase year-on-year.

Private Sector NBFCs: Private sector NBFCs raised ₹1.91 trillion in H1FY25, which is comparable to the amount raised during the same period last year.

4) Answer: A

Short Explanation:

The Reserve Bank of India (RBI) accepted bids worth ₹24,453.3 crore for government securities at the buyback auction.

The notified amount for the auction was ₹25,000 crore.

As of October 9, banking system liquidity was at ₹1.29 lakh crore.

Detailed Explanation:

The Reserve Bank of India (RBI) accepted bids worth ₹24,453.3 crore for government securities at the buyback auction.

The notified amount for the auction was ₹25,000 crore.

Significance of the Auction:This auction was one of the most successful buyback auctions conducted by the RBI since resuming such operations in May 2024, after a six-year hiatus.

Previous Auctions:In earlier auctions, the RBI accepted bids worth less than the total notified amount due to discomfort with the price levels banks were offering.

Recent Yield Changes: Since January 2024, yields on the 10-year benchmark government bond have decreased by 43 basis points, from 7.19% on January 1 to 6.76% as of Thursday.

Buyback Mechanism:In a buyback operation, the government uses its cash balances to pay off some of its outstanding borrowings through bonds, which enhances banking system liquidity.

As of October 9, banking system liquidity was at ₹1.29 lakh crore.

5) Answer: B

Short Explanation:

The Securities and Exchange Board of India (SEBI) extended the deadline to implement direct payout of securities to the Demat account from October 14 to November 11, 2024, to ensure a hassle-free implementation.

Detailed Explanation:

The Securities and Exchange Board of India (SEBI) extended the deadline to implement direct payout of securities to the Demat account from October 14 to November 11, 2024, to ensure a hassle-free implementation.

The decision follows representations from key market participants, including clearing corporations, exchanges, and stock brokers.

A review meeting was conducted by SEBI with Market Infrastructure Institutions (MIIs) and the Brokers' Industry Standards Forum (ISF).

6) Answer: B

Short Explanation:

Mastercard and Citigroup have teamed up to enable 24/7 cross-border payments using debit cards, expanding payment options for consumers and businesses globally.

Citigroup is the first global bank to implement the Mastercard Move service, allowing users to make various transactions, including insurance payouts, airline refunds, and e-commerce payments.

Detailed Explanation:

Mastercard and Citigroup have teamed up to enable 24/7 cross-border payments using debit cards, expanding payment options for consumers and businesses globally.

Citigroup is the first global bank to implement the Mastercard Move service, allowing users to make various transactions, including insurance payouts, airline refunds, and e-commerce payments.

Market Growth Potential: The initiative presents significant growth opportunities for both Mastercard and its main competitor, Visa Inc., as global commerce continues to expand.

Previous Partnerships: Mastercard has previously collaborated with Alipay in China to facilitate money transfers to digital wallets, while Visa has partnered with Western Union to enable money transfers to eligible Visa cards and bank accounts in over 40 countries.

7) Answer: C

Short Explanation:

The Cabinet Committee on Security (CCS), headed by Prime Minister Narendra Modi, has approved Phase III of the Space-Based Surveillance (SBS) mission for enhanced land and maritime domain awareness.

The project serves both civilian and military applications and is being managed by the National Security Council Secretariat along with the Defence Space Agency under the Ministry of Defence.

The mission involves the launch of 52 surveillance satellites in low earth orbit and geostationary orbit over the next decade.

Detailed Explanation:

The Cabinet Committee on Security (CCS), headed by Prime Minister Narendra Modi, has approved Phase III of the Space-Based Surveillance (SBS) mission for enhanced land and maritime domain awareness.

The project serves both civilian and military applications and is being managed by the National Security Council Secretariat along with the Defence Space Agency under the Ministry of Defence.

The mission involves the launch of 52 surveillance satellites in low earth orbit and geostationary orbit over the next decade.

The total cost of the project is estimated to be ₹26,968 crore, with 21 satellites constructed by ISRO and the remaining 31 satellites by private companies.

The SBS mission started with SBS 1 under the Vajpayee government in 2001, followed by SBS 2 in 2013.

Previous missions involved key satellite launches such as Cartosat 2A, 2B, 3A, Risat 2, Microsat 1, among others.

8) Answer: D

Short Explanation:

The central government has announced the release of over ₹1.78 lakh crore in tax devolution to state governments.

The largest share was allocated to Uttar Pradesh, receiving ₹31,962 crore.

Detailed Explanation:

The central government has announced the release of over ₹1.78 lakh crore in tax devolution to state governments.

The largest share was allocated to Uttar Pradesh, receiving ₹31,962 crore.

Goa, Sikkim, and Mizoram received the least, with allocations of ₹688 crore, ₹691 crore, and ₹891 crore, respectively.

India’s GDP growth moderated to 6.7% year-on-year in the April-June quarter, down from 7.8% in the previous quarter, as reported by the statistics ministry in August.

9) Answer: D

Short Explanation:

The 12th Meeting of the India-United Arab Emirates (UAE) High-Level Joint Task Force on Investments (HLJTFI) took place in Mumbai, Maharashtra.

The HLJTFI was established in 2013 to promote trade, investment, and economic ties between India and the UAE.

India-UAE Food Corridor: India and the UAE will set up a food corridor with an expected investment of USD 2 billion.

Detailed Explanation:

The 12th Meeting of the India-United Arab Emirates (UAE) High-Level Joint Task Force on Investments (HLJTFI) took place in Mumbai, Maharashtra.

The HLJTFI was established in 2013 to promote trade, investment, and economic ties between India and the UAE.

India-UAE Food Corridor: India and the UAE will set up a food corridor with an expected investment of USD 2 billion.

It will cater to the UAE market and beyond, helping Indian farmers earn higher incomes and create more jobs.

Bilateral Investment Treaty (BIT): The India-UAE Bilateral Investment Treaty (BIT), signed during Prime Minister Modi’s visit to the UAE in February 2024, has been ratified by both sides.

It entered into force on 31 August 2024.

Comprehensive Economic Partnership Agreement (CEPA):The India-UAE CEPA came into force in May 2022.

10) Answer: B

Short Explanation:

Ratapani Wildlife Sanctuary, located near Bhopal, Madhya Pradesh (MP), will soon be declared the state's 8th tiger reserve.

This will be the first tiger reserve in India located near a capital city.

Detailed Explanation:

Ratapani Wildlife Sanctuary, located near Bhopal, Madhya Pradesh (MP), will soon be declared the state's 8th tiger reserve.

This will be the first tiger reserve in India located near a capital city.

Will include both Ratapani Wildlife Sanctuary and Singhori Sanctuary.

Tiger Population: As of the 2022 census, Ratapani Sanctuary is home to 56 tigers, 70 leopards, and a healthy population of herbivores.

2008: NTCA (National Tiger Conservation Authority) granted in-principle approval for the tiger reserve.

2019: Kamal Nath government initiated steps for the notification, which was delayed.

Madhya Pradesh – Tiger State: Madhya Pradesh holds the title of 'Tiger State' for being home to 825 tigers, the highest number of tigers in any Indian state as of 2022.

11) Answer: C

Short Explanation:

The Maharashtra Cabinet, led by Chief Minister Eknath Shinde, passed a resolution urging the Central Government to confer the Bharat Ratna, India’s highest civilian award, to Ratan Tata.

The Maharashtra government had awarded Ratan Tata the first ‘Udyog Ratna’ Award in 2023.

Detailed Explanation:

The Maharashtra Cabinet, led by Chief Minister Eknath Shinde, passed a resolution urging the Central Government to confer the Bharat Ratna, India’s highest civilian award, to Ratan Tata.

Ratan Tata passed away in Mumbai on October 9, 2024.

In honor of Ratan Tata's demise, the Maharashtra government declared a one-day state mourning.

All government entertainment programs across the state were cancelled, and national flags on government offices were flown at half-mast.

The Maharashtra government had awarded Ratan Tata the first ‘Udyog Ratna’ Award in 2023.

12) Answer: B

Short Explanation:

Indian Oil organised the Indane XTRATEJ HORECA Harmony Meet at JW Marriott, Kolkata, bringing together key players from the city's hospitality industry including hoteliers, restaurateurs, and caterers.

Master Chef Sanjeev Kapoor, brand ambassador for Indane XTRATEJ, was the chief guest at the event.

Detailed Explanation:

Indian Oil organised the Indane XTRATEJ HORECA Harmony Meet at JW Marriott, Kolkata, bringing together key players from the city's hospitality industry including hoteliers, restaurateurs, and caterers.

Master Chef Sanjeev Kapoor, brand ambassador for Indane XTRATEJ, was the chief guest at the event.

The event featured the unveiling of the new Indane XTRATEJ Cylinder, specifically designed for commercial kitchens in the hospitality sector.

Indane XTRATEJ, developed by Indian Oil’s R&D division, is a revolutionary LPG solution enhanced with a special additive that improves fuel efficiency and performance, while ensuring safety and operational excellence in high-energy kitchens.

13) Answer: A

Short Explanation:

The World Trade Organization (WTO) has updated its projections for global merchandise trade growth, presenting both upward and downward adjustments for the coming years.

The WTO has revised downwards its projection for world merchandise trade growth in 2025 to 3%, down from 3.3%.

Conversely, the 2024 forecast for merchandise trade growth has been revised upwards to 2.7%, an increase from the prior estimate of 2.6%.

Detailed Explanation:

The World Trade Organization (WTO) has updated its projections for global merchandise trade growth, presenting both upward and downward adjustments for the coming years.

The WTO has revised downwards its projection for world merchandise trade growth in 2025 to 3%, down from 3.3%.

Conversely, the 2024 forecast for merchandise trade growth has been revised upwards to 2.7%, an increase from the prior estimate of 2.6%.

The organization warns that risks to these forecasts are predominantly on the downside due to regional conflicts, geopolitical tensions, and policy uncertainty.

Should the West Asia conflict escalate, its impact could extend to other regions, resulting in shipping disruptions and rising energy prices due to heightened risk premiums.

14) Answer: E

Short Explanation:

The 2024 Nobel Prize in Literature was awarded to Han Kang, a celebrated South Korean author, recognized for her intense poetic prose that delves into historical traumas and the fragility of human life.

In 2023:

Detailed Explanation:

The 2024 Nobel Prize in Literature was awarded to Han Kang, a celebrated South Korean author, recognized for her intense poetic prose that delves into historical traumas and the fragility of human life.

Her work profoundly explores the interplay between personal and societal histories, reflecting deep themes of memory, resistance, and identity.In 2023:

Han Kang gained international acclaim with her novel ‘The Vegetarian’ (2016), which won the Man Booker International Prize.

15) Answer: C

Short Explanation:

The Norwegian Nobel Committee has awarded the 2024 Nobel Peace Prize to Nihon Hidankyo, a Japanese organization representing the survivors of the atomic bombings of Hiroshima and Nagasaki.

The award recognizes the group’s significant efforts in advocating for a nuclear-free world and its compelling witness testimonies about the horrors of nuclear warfare.

Detailed Explanation:

The Norwegian Nobel Committee has awarded the 2024 Nobel Peace Prize to Nihon Hidankyo, a Japanese organization representing the survivors of the atomic bombings of Hiroshima and Nagasaki.

The award recognizes the group’s significant efforts in advocating for a nuclear-free world and its compelling witness testimonies about the horrors of nuclear warfare.

Established in 1956, Nihon Hidankyo is the largest and most influential organization of atomic bomb survivors in Japan.

The survivors, known as Hibakusha, share personal stories of the devastation they experienced in August 1945, contributing to the international "nuclear taboo."

16) Answer: D

Short Explanation:

Manoj Kumar Dubey has been appointed as the Chairman & Managing Director (CMD) and Chief Executive Officer (CEO) of the Indian Railway Finance Corporation (IRFC).

About IRFC :

Founded: December 12, 1986.

Headquarters: New Delhi, India.

Detailed Explanation:

Manoj Kumar Dubey has been appointed as the Chairman & Managing Director (CMD) and Chief Executive Officer (CEO) of the Indian Railway Finance Corporation (IRFC).

His appointment is based on the recommendations of a Search-cum-Selection Committee.

He succeeded an interim CMD role that had been in place for over two years.

About IRFC :

Founded: December 12, 1986.

Headquarters: New Delhi, India.

17) Answer: B

Short Explanation:

Noel Tata, the half-brother of Ratan Tata, has been appointed Chairman of Tata Trusts, following a board meeting held in Mumbai.

Noel's appointment is of significance as Tata Trusts owns 66% of Tata Sons, the holding company of various firms under the Tata brand which is more than 150 years old.

Detailed Explanation:

Noel Tata, the half-brother of Ratan Tata, has been appointed Chairman of Tata Trusts, following a board meeting held in Mumbai.

He succeeds Ratan Tata who died at the age of 86 in a Mumbai hospital.

Ratan Tata's passing marks the end of an era in Indian business, where he significantly reshaped India's industrial landscape and transformed the Tata Group into a global powerhouse.

Noel's appointment is of significance as Tata Trusts owns 66% of Tata Sons, the holding company of various firms under the Tata brand which is more than 150 years old.

18) Answer: C

Short Explanation:

The Reserve Bank of India (RBI) approved Partha Pratim Sengupta as the new Managing Director and Chief Executive Officer (MD & CEO) of Bandhan Bank for a three-year term starting from November 10, 2024.

Sengupta will replace Chandra Shekhar Ghosh, who retired in July 2024.

Detailed Explanation:

The Reserve Bank of India (RBI) approved Partha Pratim Sengupta as the new Managing Director and Chief Executive Officer (MD & CEO) of Bandhan Bank for a three-year term starting from November 10, 2024.

Sengupta will replace Chandra Shekhar Ghosh, who retired in July 2024.

He has previously held leadership positions at State Bank of India (SBI) and served as CEO and MD of Indian Overseas Bank (2020-2022).

Impact on Bandhan Bank's Shares:Bandhan Bank shares surged over 10% following the RBI’s approval of Partha Sengupta’s appointment as CEO.

Audit and Claims Payout:The National Credit Guarantee Trustee Company completed an audit of loan claims filed by Bandhan Bank under a guarantee scheme.

19) Answer: C

Short Explanation:

Amazon has acquired free streaming OTT platform MX Player and merged it with its content streaming service miniTV to launch 'Amazon MX Player'.

Leadership: Karan Bedi is the head of Amazon MX Player.

Detailed Explanation:

Amazon has acquired free streaming OTT platform MX Player and merged it with its content streaming service miniTV to launch 'Amazon MX Player'.

Automatic Integration: The integration of Amazon miniTV and MX Player will occur automatically on the apps, with no need for users to reinstall or upgrade.

Prime Video: Amazon also operates Prime Video, a subscription-based video-on-demand service.

Leadership: Karan Bedi is the head of Amazon MX Player.

History of MX Player: Initially developed by a South Korean developer as a media player for downloaded videos.

20) Answer: B

Short Explanation:

Hindustan Zinc Limited and IIT Madras have signed a Memorandum of Understanding (MoU) to jointly develop a 1 kWh electrically-rechargeable zinc-air battery prototype.

Detailed Explanation:

Hindustan Zinc Limited and IIT Madras have signed a Memorandum of Understanding (MoU) to jointly develop a 1 kWh electrically-rechargeable zinc-air battery prototype.

Significance of the Partnership:This partnership represents a significant advancement in zinc-based battery technology.

It leverages the abundance, cost-effectiveness, and safety of zinc as a resource.

Research Leadership:The research team from IIT Madras is led by Aravind Kumar Chandiran, Head of the Hyundai Hydrogen Innovation Hub at IIT Madras.

Hindustan Zinc Overview:Hindustan Zinc, part of the Vedanta Group, is the second-largest integrated zinc producer and the third-largest silver producer in the world.

The company supplies products to over 40 countries and holds about 75% market share in the primary zinc market in India.

21) Answer: B

Short Explanation:

The combined wealth of India's richest individuals surpassed the trillion-dollar mark, reaching $1.1 trillion. This marks a doubling in wealth since 2019, with an addition of $316 billion in the past year alone.

Mukesh Ambani - $119.5 billion (Reliance Industries, diversified assets)

Second biggest gainer, adding $27.5 billion.

Gautam Adani and Family - $116 billion (Adani Group, diversified assets)

Biggest gainer, adding $48 billion.

Savitri Jindal and Family - $43.7 billion (Metals and Mining)

India's richest woman.

Detailed Explanation:

The combined wealth of India's richest individuals surpassed the trillion-dollar mark, reaching $1.1 trillion. This marks a doubling in wealth since 2019, with an addition of $316 billion in the past year alone.

Mukesh Ambani - $119.5 billion (Reliance Industries, diversified assets)

Second biggest gainer, adding $27.5 billion.

Gautam Adani and Family - $116 billion (Adani Group, diversified assets)

Biggest gainer, adding $48 billion.

Savitri Jindal and Family - $43.7 billion (Metals and Mining)

India's richest woman.

Mahima Datla, head of Biological E, is the new female entrant on the list.

Nikhil Kamath, 38, of Zerodha is the youngest individual on the list.

22) Answer: B

Short Explanation:

The Bihar government signed a Memorandum of Understanding (MoU) with the National Association of Software and Service Companies (NASSCOM) to promote the state's IT policy and investment potential.

Detailed Explanation:

The Bihar government signed a Memorandum of Understanding (MoU) with the National Association of Software and Service Companies (NASSCOM) to promote the state's IT policy and investment potential.

The partnership aims to enhance IT infrastructure, attract investment, and promote skill development in Bihar.

NASSCOM will assist in organizing roadshows in major cities such as Bengaluru, Chennai, Mumbai, Hyderabad, and Pune to link Bihar with potential investors and technology companies.

Bihar will participate in NASSCOM’s national programs to highlight the state’s IT activities and progress.

This platform will present Bihar’s advancements in IT infrastructure, policy development, and skill initiatives to both national and international investors.

23) Answer: B

Short Explanation:

IPS Officer Anita Roy, Senior Superintendent of Police (SSP) in Puducherry, has become the first IPS officer to win a gold medal at the Commonwealth International Classic Bench Press Competition.

The event was held in Sun City, South Africa, on October 4, 2024, where the 46-year-old lifted 70 kg, outperforming competitors from 43 countries.

Detailed Explanation:

IPS Officer Anita Roy, Senior Superintendent of Police (SSP) in Puducherry, has become the first IPS officer to win a gold medal at the Commonwealth International Classic Bench Press Competition.

The event was held in Sun City, South Africa, on October 4, 2024, where the 46-year-old lifted 70 kg, outperforming competitors from 43 countries.

Roy’s fitness journey began in 2019 and faced significant challenges, including contracting COVID-19 in 2021 and a subsequent knee injury.

After switching to bench pressing, she found success, winning the 2022 Delhi State Powerlifting Championship and the National Bench Press Championship in Bengaluru in 2023.

24) Answer: B

Short Explanation:

Rafael Nadal, the tennis legend, has confirmed his retirement after a 23-year career, with plans to conclude his professional journey following the upcoming Davis Cup final.

Nadal turned professional at 15 in 2001 and quickly became one of the sport’s foremost figures.

Detailed Explanation:

Rafael Nadal, the tennis legend, has confirmed his retirement after a 23-year career, with plans to conclude his professional journey following the upcoming Davis Cup final.

The 38-year-old Spaniard announced his decision via a heartfelt video on social media platform X, reflecting on the challenges he faced in recent years due to injuries and limitations.

Nadal turned professional at 15 in 2001 and quickly became one of the sport’s foremost figures.

25) Answer: D

World Arthritis Day 2024:

World Arthritis Day 2024 falls on October 12.

The theme for World Arthritis Day 2024 is "Informed Choices, Better Outcomes."

The Arthritis Foundation established World Arthritis Day.

'The Greek terms "arthro," which means "joint," and "itis," which means "inflammation," are the origin of the word "arthritis." Inflammation of the joints is a symptom of arthritis.

International Day for Disaster Risk Reduction 2024:

The International Day for Disaster Risk Reduction 2024 is observed on the 13th of October.

The International Day for Natural Disaster Reduction was established by a resolution passed by the UN General Assembly in 1989.

Also, the day was renamed International Day for Disaster Risk Reduction.

World Standards Day 2024 :

World Standards Day is observed annually on the 14th of October 2024.

The first World Standards Day was celebrated in 1946 in London, the same year that the International Organization for Standardization was founded.