Daily Current Affairs Quiz - 17th May 2024

Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2024 of 17th May 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) The State Bank of India raises short-term retail fixed deposit rates by 25 to 75 basis points.What is the bank's highest interest rate on deposits of two years to less than three years?

(a) 5%

(b) 6%

(c) 7%

(d) 8%

(e) 4%


2)
Which company partners with LankaPay to promote Unified Payments Interface payments in Sri Lanka?

(a) Paytm

(b) Phonepe

(c) Razorpay

(d) Amazon pay

(e) BHIM


3)
The Reserve Bank of India's investment in IIFC's UK arm will fall by 20% in FY24. The central bank must invest a share of its foreign exchange reserves in the company, exactly how many billions of dollars?

(a) $4billion

(b) $5billion

(c) $3billion

(d) $2billion

(e) $1billion


4)
EaseMyTrip collaborates with the Small Industries Development Bank of India and which state's Tourism Development Board?

(a) Uttar Pradesh

(b) Tripura

(c) Uttarakhand

(d) Sikkim

(e) Assam


5)
NTPC Talcher Thermal launched the "Girl Empowerment Mission 2024" as its flagship CSR activity. How many girls will benefit from this one-month-long initiative in developing their minds, bodies, and dreams?

(a) 20

(b) 30

(c) 10

(d) 40

(e) 50


6)
Under the Citizenship (Amendment) Act or CAA, how many people were awarded citizenship certificates for the first time?

(a) 12

(b) 13

(c) 14

(d) 15

(e) 16


7)
In 2023, India set a record for the most Internet shutdowns worldwide, a record it has maintained for six years.Civil society in India and around the world has denounced this, particularly in which state?

(a) Meghalaya

(b) Manipur

(c) Sikkim

(d) Assam

(e) Tripura


8)
The energy company ReNew declared that it has secured an initial agreement for up to what amount of money from the European bank Societe Generale for debt and advisory solutions to be paid over the next three years?

(a) $0.5billion

(b) $1billion

(c) $1.5billion

(d) $2billion

(e) $2.5billion


9)
In Bengaluru, TVS Motor Company presented the TVS iQube, a new electric two-wheeler model with a 2.2 kWh battery. Its maximum speed is what number of kilometers per hour, and its fastest charging time is two hours?

(a) 70km

(b) 60km

(c) 75km

(d) 65km

(e) 80km


10)
TVS Motor Company (TVSM) began operations in which country through its branch office, commanded by Giovanni Notarbartolo di Furnari?

(a) UAE

(b) Iran

(c) Italy

(d) Europe

(e) US


11)
Lawrence Wong has been sworn in as which country's next Prime Minister, succeeding Lee Hsien Loong after a two-decade term?

(a) Hong Kong

(b) Germany

(c) Switzerland

(d) Japan

(e) Singapore


12)
Corteva Agriscience has appointed Subroto Geed as its new President for South Asia. Where is the headquarters of Corteve Agriscience located?

(a) US

(b) UK

(c) Italy

(d) Australia

(e) Russia


13)
Avendus Wealth Management has appointed Apurva Sahijwani as its Managing Director and CEO. Previously, he oversaw Burgundy Private, which Bank's private banking arm?

(a) HDFC bank

(b) Axis bank

(c) ICICI bank

(d) RBL bank

(e) Federal bank


14)
Life Insurance Corporation of India shares rise 6% as SEBI extends the deadline for meeting minimum public holding requirements until which year?

(a) June 2027

(b) May 2027

(c) August 2027

(d) December 2027

(e) January 2027


15)
Which organization and the IESA have signed a deal to promote semiconductor innovation?

(a) SIDBI

(b) SEBI

(c) RBI

(d) FICCI

(e) ADB


16)
In a first for Indian sports streaming, the ICC Men's T20 Cricket World Cup will be broadcast in which language, with audio description and Indian Sign Language (ISL) for visually and hearing impaired viewers?

(a) English

(b) Hindi

(c) Tamil

(d) Kannada

(e) Malayalam


17)
Kamla Beniwal, a seasoned member of Congress and a former governor of which state, passed away?

(a) Uttar Pradesh

(b) Tripura

(c) Uttarakhand

(d) Gujarat

(e) Kerala


18)
When was the World Telecommunication and Information Society Day in 2024 observed?

(a) May 15

(b) May 16

(c) May 17

(d) May 18

(e) May 14


19)
Which year saw the World Hypertension League support the first-ever World Hypertension Day on May 14?

(a) 2002

(b) 2004

(c) 2005

(d) 2006

(e) 2003


20)
In which organization was Madhabi Puri Buch the first woman to hold the position of chairman?

(a) SIDBI

(b) SEBI

(c) NABARD

(d) IRADI

(e) NHB


Answers :

1) Answer: C

  • State Bank of India (SBI) has raised interest rates on retail domestic term deposits (below ₹2 crore) by 25-75 basis points for deposits of less than 1-year tenor.
  • SBI has also increased interest rates on domestic bulk term deposits (₹2 crore and above) by 10-50 basis points on five out of eight maturity buckets.
  • The new interest rates are effective from May 15, 2024.
  • The bank’s highest interest rate is 7% on deposits of 2 years to less than 3 years.
  • Interest Rate Increase: The bank has increased the interest rates on domestic bulk Term Deposits (TDs) with durations of 1 year to less than 2 years and 2 years to less than 3 years.

Detailed Explanation:

  • State Bank of India (SBI) has raised interest rates on retail domestic term deposits (below ₹2 crore) by 25-75 basis points for deposits of less than 1-year tenor.
  • SBI has also increased interest rates on domestic bulk term deposits (₹2 crore and above) by 10-50 basis points on five out of eight maturity buckets.
  • The new interest rates are effective from May 15, 2024.
  • Retail Term Deposit Rates: SBI has increased interest rates on retail domestic term deposits across various maturity buckets. For example:
  • Deposits of 46 days to 179 days: Increased from 4.75% to 5.50% (75 bps hike)
  • Deposits of 180 days to 210 days: Increased from 5.75% to 6.00% (25 bps hike)
  • Deposits of 211 days to less than 1 year: Increased from 6.00% to 6.25% (25 bps hike)
  • The bank’s highest interest rate is 7% on deposits of 2 years to less than 3 years.
  • Bulk Deposit Rate Changes: The bank has also raised interest rates on domestic bulk term deposits for various durations. For example:
  • Deposits of 7 days to 45 days: Increased from 5.00% to 5.25% (25 bps hike)
  • Deposits of 46 days to 179 days: Increased from 5.75% to 6.25% (50 bps hike)
  • Deposits of 180 days to 210 days: Increased from 6.50% to 6.60% (10 bps hike)
  • Interest Rate Increase: The bank has increased the interest rates on domestic bulk Term Deposits (TDs) with durations of 1 year to less than 2 years and 2 years to less than 3 years.
  • Percentage Increase:
  • For deposits of 1 year to less than 2 years, the interest rate has been increased by 20 basis points (bps) from 6.80% to 7%.
  • For deposits of 2 years to less than 3 years, the interest rate has been increased by 25 bps from 6.75% to 7%.


2) Answer: B

  • PhonePe, a leading fintech company based in Bengaluru, has partnered with Sri Lanka-based LankaPayto enable Unified Payments Interface (UPI) transactions for PhonePe users in Sri Lanka.
  • Transactions will be conducted in Indian Rupees (INR), with currency exchange rates applied to such transactions.
  • Apart from the National Payments Corporation of India’s (NPCI) UPI, these transactions will be facilitated by the LankaPay National Payment Network.
  • LankaPay is owned by the Central Bank of Sri Lanka.

Detailed Explanation:

  • PhonePe, a leading fintech company based in Bengaluru, has partnered with Sri Lanka-based LankaPayto enable Unified Payments Interface (UPI) transactions for PhonePe users in Sri Lanka.
  • PhonePe users travelling to Sri Lanka can now make payments using UPI's rails across LankaPay's merchants throughout the country.
  • Transactions will be conducted in Indian Rupees (INR), with currency exchange rates applied to such transactions.
  • Apart from the National Payments Corporation of India’s (NPCI) UPI, these transactions will be facilitated by the LankaPay National Payment Network.
  • LankaPay is owned by the Central Bank of Sri Lanka.
  • The launch event of the payments service in Sri Lanka's capital saw the participation of notable figures such as Santosh Jha, the High Commissioner of India to Sri Lanka, and Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka (CBSL).
  • This partnership aims to provide greater convenience to Indian tourists and business travelers in making seamless UPI payments at all LankaQR merchant points in Sri Lanka via the PhonePe app.
  • In 2023, PhonePe announced its plans to offer UPI services in markets beyond India, including the United Arab Emirates, Singapore, Mauritius, Nepal, and Bhutan, with NPCI acting as an enabler in these markets to promote UPI services.


3) Answer: B

  • According to the latest Half Yearly Report on Management of Foreign Exchange Reserve, the Reserve Bank of India’s (RBI) investment in the state-owned India Infrastructure Finance Company (IIFC) UK subsidiary decreased by a 5th from the previous year, reaching $932 million in FY’2023-24.
  • The central bank is required to invest a portion of its foreign exchange reserves, specifically $5 billion, in the company.

Detailed Explanation:

  • According to the latest Half Yearly Report on Management of Foreign Exchange Reserve, the Reserve Bank of India’s (RBI) investment in the state-owned India Infrastructure Finance Company (IIFC) UK subsidiary decreased by a 5th from the previous year, reaching $932 million in FY’2023-24.
  • The central bank is required to invest a portion of its foreign exchange reserves, specifically $5 billion, in the company.
  • This mandate came from demands by the government to support infrastructure funding.
  • The Budget 2007-08 had announced that, with a view to further supplementing financial resources for infrastructure development in India, an off-shore wholly owned subsidiary of IIFCL would be set up.
  • The subsidiary company is tasked with borrowing funds from the RBI and lending them to Indian companies involved in infrastructure projects within India or co-financing their External Commercial Borrowings for such projects, specifically for capital expenditure outside India.
  • The subsidiary company would borrow funds from the RBI and lend to Indian companies implementing infrastructure projects in India, or to co-finance their External Commercial Borrowings for such projects, solely for capital expenditure outside India.
  • Initially, the central bank was not in favor of the proposal.
  • However, it was later decided to allocate $5 billion of reserves to invest in the UK subsidiary of IIFC.


4) Answer: C

  • com partners with the Small Industries Development Bank of India (SIDBI) and the Uttarakhand Tourism Development Board (UTDB) to introduce a Homestay Entrepreneurship Training Programme.
  • Training sessions have been conducted in Joshimath (Badrinath), Guptkashi (Kedarnath), and Ukhimath (Kedarnath), with pending sessions scheduled in Gangotri (Uttarkashi) and Yamunotri (Uttarkashi).
  • As of now, certificates have been awarded to 31 homestay owners in Joshimath, 25 in Guptkashi, and 39 in Ukhimath.

Detailed Explanation:

  • com partners with the Small Industries Development Bank of India (SIDBI) and the Uttarakhand Tourism Development Board (UTDB) to introduce a Homestay Entrepreneurship Training Programme.
  • The program aims to empower homestay owners along the Chardham Yatra route by enhancing their hospitality skills and promoting eco-friendly practices.
  • Launched in April and continuing through May, the training program targets 150 homestay owners. It integrates classroom learning with practical sessions.
  • Upon completion of the training, participants receive a certification jointly issued by EaseMyTrip, SIDBI, and UTDB, validating their newly acquired skills.
  • The training curriculum covers essential topics including hygiene, environmental safety, waste management, guest safety, housekeeping management, customer support, booking management, and technology training.
  • Training sessions have been conducted in Joshimath (Badrinath), Guptkashi (Kedarnath), and Ukhimath (Kedarnath), with pending sessions scheduled in Gangotri (Uttarkashi) and Yamunotri (Uttarkashi).
  • As of now, certificates have been awarded to 31 homestay owners in Joshimath, 25 in Guptkashi, and 39 in Ukhimath.


5) Answer: D

  • NTPC Talcher Thermal inaugurates its flagship corporate social responsibility (CSR) initiative, the "Girl Empowerment Mission 2024".
  • This one-month-long initiative aims to support 40 young girls from eight government schools covering four Gram Panchayats by providing them with access to quality education, health, life skills training, and mentorship.

Detailed Explanation:

  • NTPC Talcher Thermal inaugurates its flagship corporate social responsibility (CSR) initiative, the "Girl Empowerment Mission 2024".
  • This one-month-long initiative aims to support 40 young girls from eight government schools covering four Gram Panchayats by providing them with access to quality education, health, life skills training, and mentorship.
  • With this one-month-long mission, NTPC Talcher Thermal is planting seeds of possibility.
  • By nurturing the minds, bodies, and dreams of 40 girls, NTPC TTPS reaffirms its commitment to driving positive change and building a brighter future for generations to come.


6) Answer: C

  • The first set of citizenship certificates to 14 people was issued under the Citizenship (Amendment) Act or CAA, nearly two months after the Centre notified it, initiating the process of granting Indian nationality to persecuted non-Muslim migrants from Pakistan, Afghanistan and Bangladesh.
  • Under the CAA, the qualification period of citizenship application has been reduced from 11 to 5 years for undocumented non-Muslim migrants from Pakistan, Bangladesh and Afghanistan who came to India before December 31, 2014.

Detailed Explanation:

  • The first set of citizenship certificates to 14 people was issued under the Citizenship (Amendment) Act or CAA, nearly two months after the Centre notified it, initiating the process of granting Indian nationality to persecuted non-Muslim migrants from Pakistan, Afghanistan and Bangladesh.
  • Under the CAA, the qualification period of citizenship application has been reduced from 11 to 5 years for undocumented non-Muslim migrants from Pakistan, Bangladesh and Afghanistan who came to India before December 31, 2014.
  • Union Home Secretary Shri Ajay Kumar Bhalla handed over the citizenship certificates to the applicants in Delhi and highlighted salient features of the CAA.
  • Secretary Posts, Director (IB), Registrar General of India and senior officers were also present during the interactive session.


7) Answer: B

  • India witnessed the highest number of Internet shutdowns in the world in 2023, a record it has held for the sixth straight year
  • The Internet was snapped 116 times in the country last year, the Keep It On coalition, a grouping of civil society bodies that advocates against Internet blockades
  • This has drawn condemnation from civil society in India and around the world, especially in Manipur, where footage documenting atrocities committed during the ethnic violence have gone viral several weeks after the incidents actually took place.

Detailed Explanation:

  • India witnessed the highest number of Internet shutdowns in the world in 2023, a record it has held for the sixth straight year
  • The Internet was snapped 116 times in the country last year, the Keep It On coalition, a grouping of civil society bodies that advocates against Internet blockades
  • Officials in India continue to impose Internet shutdown orders over communal tension, violence, exams, and other reasons.
  • This has drawn condemnation from civil society in India and around the world, especially in Manipur, where footage documenting atrocities committed during the ethnic violence have gone viral several weeks after the incidents actually took place.
  • 64 shutdown orders affecting more than one district in the same State, province, or region, driven by 47 shutdowns in Manipur but also including the Statewide shutdown in Punjab in March”.
  • The Internet was shut down across Punjab during the manhunt for pro-Khalistani preacher Amritpal Singh, and multiple times across Manipur during the ongoing ethnic violence in the State


8) Answer: B

  • Energy firm ReNew announced that it has signed an initial pact with European bank SocieteGenerale for up to $1 billion in financing as debt and advisory solutions over the next three years.
  • ReNew has a clean energy portfolio of 15.6 GW on a gross basis as of May 9, 2024.

Detailed Explanation:

  • Energy firm ReNew announced that it has signed an initial pact with European bank SocieteGenerale for up to $1 billion in financing as debt and advisory solutions over the next three years.
  • ReNew has signed a Memorandum of Understanding (MoU) with SocieteGenerale, to support the financing and development of the company's various strategic energy transition projects both in India and globally.
  • Both parties will leverage their respective expertise to strengthen the collaboration on utility-scale energy projects including solar, wind, complex renewables, green hydrogen, energy storage and solar modules manufacturing.
  • ReNew has a clean energy portfolio of 15.6 GW on a gross basis as of May 9, 2024.


9) Answer: C

  • TVS Motor Company unveiled its new variant of the electric two-wheeler, TVS iQube with a 2.2 kWh battery in Bengaluru.
  • The company also said it is ready to deliver TVS iQube ST to customers in the city.
  • According to Saurab Kapoor, vice-president, of TVS Motor Company, the new variant launched in Bengaluru comes with a 950 Watt charger.
  • The fastest charging time is two hours and its top speed is 75 km per hour.
  • It comes for Rs 94,999 ex-showroom in Bengaluru.

Detailed Explanation:

  • TVS Motor Company unveiled its new variant of the electric two-wheeler, TVS iQube with a 2.2 kWh battery in Bengaluru.
  • The company also said it is ready to deliver TVS iQube ST to customers in the city.
  • According to Saurab Kapoor, vice-president, of TVS Motor Company, the new variant launched in Bengaluru comes with a 950 Watt charger.
  • The fastest charging time is two hours and its top speed is 75 km per hour.
  • In one charge it can go up to at least 100 km.
  • It comes for Rs 94,999 ex-showroom in Bengaluru.
  • This is the introductory price inclusive of EMPS subsidy and cashback, which is valid up to June 30, 2024.
  • According to him, TVS iQube have five variants – TVS iQube 2.2 kWh, TVS iQube 3.4 kWh, TVS iQube S 3.4 kWh, TVS iQube ST 3.4 kWh and TVS iQube ST 5.1 kWh.
  • These electric vehicles range between Rs 94,999 and Rs 1,85,373.


10) Answer: C

  • TVS Motor Company (TVSM) unveiled operations in Italy via its branch office TVS Motor Italia headed by Giovanni Notarbartolo di Furnari.
  • TVS Motor Company is extending its operations in Italy through its branch office, TVS Motor Italia, headed by Giovanni Notarbartolo di Furnari.
  • TVS says Furnari brings comprehensive experience from senior managerial roles in major automotive companies in Italy, Latin America, the UAE, and Europe.

Detailed Explanation:

  • TVS Motor Company (TVSM) unveiled operations in Italy via its branch office TVS Motor Italia headed by Giovanni Notarbartolo di Furnari.
  • The company will introduce a selection of its advanced, high-quality thermic and electric scooters and motorcycles, the leading two and three wheeler manufacturer.
  • It is a strategic step towards our global ambitions. Italy’s rich automotive culture and its embrace of cutting-edge transport solutions present a perfect backdrop for our product range
  • TVS Motor Company is extending its operations in Italy through its branch office, TVS Motor Italia, headed by Giovanni Notarbartolo di Furnari.
  • TVS says Furnari brings comprehensive experience from senior managerial roles in major automotive companies in Italy, Latin America, the UAE, and Europe.


11) Answer: E

  • Lawrence Wong has been sworn in as Singapore's new Prime Minister, succeeding Lee Hsien Loong after his two-decade tenure.
  • The transition of power marks a significant moment in Singapore's political landscape, with Lawrence Wong becoming only the second person outside of the Lee family to lead the nation.
  • Wong, who will remain as finance minister, was chosen as Lee's heir-apparent in 2022 from a new generation of lawmakers from the People's Action Party (PAP), which has ruled uninterrupted since Singapore's independence in 1965.
  • Lee Kuan Yew, Lee Hsien Loong's father, was Singapore's first prime minister when it became a sovereign nation after a brief, unsuccessful union with Malaysia.

Detailed Explanation:

  • Lawrence Wong has been sworn in as Singapore's new Prime Minister, succeeding Lee Hsien Loong after his two-decade tenure.
  • The transition of power marks a significant moment in Singapore's political landscape, with Lawrence Wong becoming only the second person outside of the Lee family to lead the nation.
  • Wong, who will remain as finance minister, was chosen as Lee's heir-apparent in 2022 from a new generation of lawmakers from the People's Action Party (PAP), which has ruled uninterrupted since Singapore's independence in 1965.
  • Lee Kuan Yew, Lee Hsien Loong's father, was Singapore's first prime minister when it became a sovereign nation after a brief, unsuccessful union with Malaysia.
  • Wong, the 4th prime minister in Singapore's history, must lead the PAP to the next general elections, which are not due until November 2025 but could be called as early as this year.
  • The opposition had its strongest performance since independence in the previous election in 2020 but hardly made a dent in parliament, with 83 out of the 93 seats won by the PAP.


12) Answer: A

  • Corteva Agriscience, an agriculture solutions company, has appointed Subroto Geed as the President of South Asia.
  • In his role, Geed will lead the South Asia business of Corteva Agriscience, focusing on driving growth for the company's Seed and Crop Protection businesses.

About Corteva, Inc. (also known as Corteva Agriscience) :

  • Founded : 2019
  • Headquarters : Indianapolis, Indiana United States
  • CEO : Chuck Magro
  • It is a major American agricultural chemical and seed company that was the agricultural unit of DowDuPont prior to being spun off as an independent public company.

Detailed Explanation:

  • Corteva Agriscience, an agriculture solutions company, has appointed Subroto Geed as the President of South Asia.
  • In his role, Geed will lead the South Asia business of Corteva Agriscience, focusing on driving growth for the company's Seed and Crop Protection businesses.
  • Geed's primary objectives include enhancing agricultural productivity, improving farmer livelihoods, and promoting sustainable farming practices across the region.
  • Geed brings a wealth of knowledge and experience from his previous roles at companies such as Diageo, GSK Consumer Healthcare, Pfizer, and

About Corteva, Inc. (also known as Corteva Agriscience) :

  • Founded : 2019
  • Headquarters : Indianapolis, Indiana United States
  • CEO : Chuck Magro
  • It is a major American agricultural chemical and seed company that was the agricultural unit of DowDuPont prior to being spun off as an independent public company.


13) Answer: B

  • Avendus Wealth Management announced Apurva Sahijwani as its new Managing Director (MD) and Chief Executive Officer (CEO).
  • Sahijwani brings over 25 years of extensive experience in private banking and wealth management to his new role.
  • Prior to this, he led Burgundy Private, Axis Bank's private banking arm, in his previous position.
  • He has also held pivotal roles at Kotak Wealth, ICICI Bank, HSBC, and

Detailed Explanation:

  • Avendus Wealth Management announced Apurva Sahijwani as its new Managing Director (MD) and Chief Executive Officer (CEO).
  • Sahijwani brings over 25 years of extensive experience in private banking and wealth management to his new role.
  • Prior to this, he led Burgundy Private, Axis Bank's private banking arm, in his previous position.
  • He has also held pivotal roles at Kotak Wealth, ICICI Bank, HSBC, and

About Avendus Group :

  • Avendus Group is a prominent financial services firm, focussed on Investment Banking, Institutional Equities, Wealth Management, Credit Solutions, and Asset Management.
  • The company is an advisor to India's Ultra High Net Worth Individuals (UHNIs) and family offices.
  • Co-founder & CEO of Avendus : Gaurav Deepak


14) Answer: B

  • The Securities and Exchange Board of India (SEBI) has granted the State-owned Life Insurance Corporation of India (LIC) an additional 3 years until May 2027 to comply with minimum public shareholding norms.
  • Following the announcement, LIC's shares witnessed a significant surge of more than 6%, reflecting investor optimism.
  • The revised timeline for the Corporation to achieve 10% public shareholding is on or before May 16, 2027.
  • Post LIC’s May 2022 IPO, the government of India owns 96.50% of the insurer.
  • The decision aligns with Rule 19(2)(b)(iv) of the Securities Contracts (Regulation) Rules, 1957, which mandates achieving 10% public shareholding within 5 years from the date of listing.

Detailed Explanation:

  • The Securities and Exchange Board of India (SEBI) has granted the State-owned Life Insurance Corporation of India (LIC) an additional 3 years until May 2027 to comply with minimum public shareholding norms.
  • Following the announcement, LIC's shares witnessed a significant surge of more than 6%, reflecting investor optimism.
  • The revised timeline for the Corporation to achieve 10% public shareholding is on or before May 16, 2027.
  • Post LIC’s May 2022 IPO, the government of India owns 96.50% of the insurer.
  • The decision aligns with Rule 19(2)(b)(iv) of the Securities Contracts (Regulation) Rules, 1957, which mandates achieving 10% public shareholding within 5 years from the date of listing.
  • In December 2023, the Department of Economic Affairs granted LIC a one-time exemption to achieve 25% minimum public shareholding within 10 years.
  • The insurer got listed on the bourses on May 17, 2022.
  • As per SEBI norms, LIC was required to achieve 10% public shareholding within two years of listing in the capital market.


15) Answer: D

  • The Federation of Indian Chambers of Commerce and Industry (FICCI) and the India Electronics and Semiconductor Association (IESA) have signed a Memorandum of Understanding to promote innovation, support the semiconductor and electronics industry, and strengthen supply chains.
  • The MoU, signed on April 14, establishes a framework for long-term collaboration between the two organisations.

Detailed Explanation:

  • The Federation of Indian Chambers of Commerce and Industry (FICCI) and the India Electronics and Semiconductor Association (IESA) have signed a Memorandum of Understanding to promote innovation, support the semiconductor and electronics industry, and strengthen supply chains.
  • The MoU, signed on April 14, establishes a framework for long-term collaboration between the two organisations.
  • This collaboration will focus on establishing a joint task force on semiconductors and future critical technologies.
  • The core objective of this MoU is to conduct technology consultative roundtables and foster business partnerships.


16) Answer: B

  • In a first for Indian sports streaming, the ICC Men’s T20 cricket World Cup will be streamed with Hindi audio description and Indian Sign Language (ISL) for visually and hearing impaired viewers, Disney+ Hotstar, the streaming service with the rights to stream the tournament this year announced.
  • Reports peg the tournament’s media value between ₹1,600–2,000 crore.

Detailed Explanation:

  • In a first for Indian sports streaming, the ICC Men’s T20 cricket World Cup will be streamed with Hindi audio description and Indian Sign Language (ISL) for visually and hearing impaired viewers, Disney+ Hotstar, the streaming service with the rights to stream the tournament this year announced.
  • Reports peg the tournament’s media value between ₹1,600–2,000 crore.
  • This will be applicable for 10 matches including all the India games, semi-finals and finals.
  • This is the first time that the T20 World Cup will be telecast with sign language and descriptive commentary making cricket more immersive for its deaf, hard-of-hearing and visually-impaired users.


17) Answer: D

  • Veteran Congress leader and former governor of Gujarat Kamla Beniwal passed away at the age of 97.
  • She joined the Indian National Congress at 15 and actively participated in the Quit India Movement.
  • She became Rajasthan's first woman minister in 1954 at the age of 27.
  • For a decade, from 1980 to 1990, she was a cabinet minister in the Rajasthan government.
  • Beniwal served as a minister in various capacities, including Deputy Chief Minister of Rajasthan in 2003.
  • Kamla Beniwal made history as the first woman governor of any northeastern state.

Detailed Explanation:

  • Veteran Congress leader and former governor of Gujarat Kamla Beniwal passed away at the age of 97.
  • Kamla Beniwal was born on January 12, 1927, in Gorir, Jhunjhunu district, Rajputana Agency, British India.
  • She joined the Indian National Congress at 15 and actively participated in the Quit India Movement.
  • She remained a senior member of the Indian National Congress throughout her political career.
  • She became Rajasthan's first woman minister in 1954 at the age of 27.
  • For a decade, from 1980 to 1990, she was a cabinet minister in the Rajasthan government.
  • Beniwal served as a minister in various capacities, including Deputy Chief Minister of Rajasthan in 2003.
  • Kamla Beniwal made history as the first woman governor of any northeastern state.
  • Apart from Gujarat, she served as the governor of Tripura and Mizoram.
  • She was elected as MLA seven times.
  • Beniwal received the Tamra Patra Award from former Prime Minister Indira Gandhi in recognition of her significant contribution to the freedom struggle.


18) Answer: C

  • World Telecommunication And Information Society Day 2024 is celebrated on May 17.
  • The United Nations General Assembly(UNGA) declared May 17 as World Telecommunication and Information Society Day.
  • In the year 1865, International Telecommunication Union was founded, when the first Indian Telegraph Convention was signed.

Detailed Explanation:

  • World Telecommunication And Information Society Day 2024 is celebrated on May 17.
  • The United Nations General Assembly(UNGA) declared May 17 as World Telecommunication and Information Society Day.
  • In the year 1865, International Telecommunication Union was founded, when the first Indian Telegraph Convention was signed.
  • In 2005, the World Summit on the Information Society asked the United Nations to declare May 17 as World Telecommunication Day to be observed every year.
  • Hence, on May 17, World Telecommunication and Information Society Day observes two major events.


19) Answer: C

  • World Hypertension Day 2024 is celebrated on May 17.
  • The Theme of World Hypertension Day 2024 is “Measure Your Blood Pressure Accurately, Control it, Live Longer!”.
  • The World Hypertension League (WHL) established World Hypertension Day to increase public awareness of hypertension.
  • The World Hypertension League sponsored the inaugural World Hypertension Day on May 14, 2005.
  • May 17 has been recognized as World Hypertension Day annually since 2006.

Detailed Explanation:

  • World Hypertension Day 2024 is celebrated on May 17.
  • This day is prompted by the World Hypertension League(WHL).
  • The Theme of World Hypertension Day 2024 is “Measure Your Blood Pressure Accurately, Control it, Live Longer!”.
  • The World Hypertension League (WHL) established World Hypertension Day to increase public awareness of hypertension.
  • The World Hypertension League sponsored the inaugural World Hypertension Day on May 14, 2005.
  • May 17 has been recognized as World Hypertension Day annually since 2006.
  • The purpose of the day is to increase public awareness of high blood pressure, which affects over a billion people globally and is a major cause of death, accounting for approximately 7.5 million deaths annually.
  • Many people are ignorant of the symptoms of hypertension and the steps that can be taken to prevent it.


20) Answer: B

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  • Headquarters : Mumbai, Maharashtra
  • Chairman : Madhabi Puri Buch (first woman to lead the SEBI)
  • SEBI is the regulatory body for securities and commodity markets in India under the ownership of the Ministry of Finance (MoF), GoI.
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