Current Affairs MCQs - 3 May 2024(English) | Latest News Quiz

2024-06-09 22:38:00

1. How much finance has Adani Green Energy Ltd (AGEL) secured from a consortium of international banks for its solar projects?

A) USD 200 million

B) USD 300 million

C) USD 400 million

D) USD 500 million

Answer: C) USD 400 million

2. What is the total operational portfolio of Adani Green Energy Ltd (AGEL)?

A) 5,000 MW

B) 7,934 MW

C) 10,934 MW

D) 12,000 MW

Answer: C) 10,934 MW

3. What type of payment system will NPCI International Payments Limited develop in collaboration with the Bank of Namibia?

A) Digital wallet system

B) Instant payment system like UPI

C) Credit card payment system

D) Mobile banking system

Answer: B) Instant payment system like UPI

4. What is the primary aim of the partnership between NPCI International Payments Limited and the Bank of Namibia?

A) To increase international transactions

B) To improve accessibility, affordability, and interoperability of payments

C) To launch a new digital currency

D) To replace existing payment systems

Answer: B) To improve accessibility, affordability, and interoperability of payments

5. What is the name of HDFC Life's latest campaign that promises a seamless and swift life insurance purchasing experience?

A) "Easy Insurance Fatafat"

B) "No Jhanjhat Life Insurance Fatafat"

C) "Quick Insurance Solution"

D) "Simplified Insurance Purchase"

Answer: B) "No Jhanjhat Life Insurance Fatafat"

6. What is the primary focus of HDFC Life's 'No Jhanjhat Life Insurance Fatafat' campaign?

A) To introduce new life insurance products

B) To enhance accessibility and convenience through technology

C) To promote offline insurance purchases

D) To target a specific age group

Answer: B) To enhance accessibility and convenience through technology

7. How many co-operative banks were imposed with monetary penalty by the Reserve Bank of India (RBI) for rule violations?

A) 2

B) 3

C) 4

D) 5

Answer: B) 3

8. Why was a monetary penalty imposed on Lokmangal Co-operative Bank by the RBI?

A) For not maintaining sufficient liquidity

B) For not carrying out periodic review of risk categorization of accounts and not updating KYC as per risk

C) For violating norms on lending

D) For not filing returns on time

Answer: B) For not carrying out periodic review of risk categorization of accounts and not updating KYC as per risk

9. How much will Indian Oil Corporation invest in developing renewable energy capacity in India?

A) ₹3,215 crore

B) ₹5,215 crore

C) ₹7,215 crore

D) ₹9,215 crore

Answer: B) ₹5,215 crore

10. What type of renewable energy projects will Indian Oil Corporation focus on in phases?

A) Only standalone ground-mounted solar projects

B) Only onshore wind projects

C) Standalone ground-mounted solar, onshore wind, or wind-solar hybrid projects

D) Only wind-solar hybrid projects

Answer: C) Standalone ground-mounted solar, onshore wind, or wind-solar hybrid projects

11. Who has been re-appointed as the part-time Chairman of HDFC Bank for three years, effective May 5, with the approval of the Reserve Bank of India?

A) Aditya Puri

B) Atanu Chakraborty

C) Sashidhar Jagdishan

D) Parvez Damania

Answer: B) Atanu Chakraborty

12. What is the initial interest rate announced by RBI for the Floating Rate Savings Bond (FRSB) 2034?

A) 6%

B) 7%

C) 8%

D) 9%

Answer: C) 8%

13. How often will the interest rate on the Floating Rate Bond (FRB) 2034 be reset?

A) Every year

B) Every six months

C) Every quarter

D) Every month

Answer: B) Every six months

14. What is the highest denomination of the new Zimbabwean currency, ZiG?

A) 100 ZiG note

B) 200 ZiG note

C) 500 ZiG note

D) 1000 ZiG note

Answer: B) 200 ZiG note

15. What is the value of the highest denomination of the ZiG note (200 ZiG) in approximate US dollars?

A) $5

B) $10

C) $15

D) $20

Answer: C) $15