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March 07, 2024 Current Affairs

1. Who won the first prize in the National Youth Parliament Festival 2024?

A.    Yatin Bhaskar Duggal

B.    Vaishna Pitchai

C.   Kanishka Sharma

D.   Chetan Chauhan

Answer: Option A


Yatin Bhaskar Duggal emerged as the deserving winner of the first prize in the National Youth Parliament Festival 2024. His outstanding oratory skills, coupled with his passion for governance, made him stand out among the participants. This festival serves as a reminder of the immense potential that our youth hold and the bright future that awaits our nation.



2. Which company has collaborated with IIM Mumbai to elevate aviation training standards?

A.    Boeing

B.    Airbus

C.   Embraer

D.   Bombardier

Answer: Option B


The collaboration between Airbus and IIM Mumbai marks a significant milestone in the realm of aviation training. Through the Airbus Beyond programme, professionals will be equipped with industry-relevant skills, immersed in a collaborative learning environment, and provided with cutting-edge facilities. This partnership sets the stage for elevating aviation training standards and nurturing a new generation of highly skilled and competent aviation professionals.



3. What is the predicted GDP growth rate for India in FY25 according to Crisil Ratings?

A.    7.6%

B.    7.2%

C.   6.8%

D.   6.5%

Answer: Option C


Crisil Ratings forecasts India's GDP to expand by 6.8% in FY25. This projection highlights the importance of structural reforms and cyclical factors in shaping India's economic trajectory. As stakeholders navigate the ever-evolving financial landscape, keeping a close watch on these forecasts aids in making informed decisions and understanding the country's economic prospects.



4. What is the name of the regional airline that received its Air Operator Certificate (AOC) from DGCA?

A.    FLY91



D.   AERO91

Answer: Option A


FLY91's achievement of obtaining the Air Operator Certificate from the DGCA and the Ministry of Civil Aviation is a significant milestone in the airline's journey. This milestone not only signifies compliance with regulatory standards but also opens up new possibilities for air travel in Goa. As FLY91 spreads its wings and takes flight, passengers can look forward to a safe, reliable, and enjoyable travel experience with this regional airline.



5. Which company collaborated with NITI Aayog's Atal Innovation Mission (AIM) to establish Frontier Technology Labs (FTLs) in schools?

A.    TCS

B.    Infosys

C.   Meta

D.   Wipro

Answer: Option C


The collaboration between Atal Innovation Mission and Meta to establish Frontier Technology Labs in schools marks a significant milestone in revolutionizing education. By providing students with access to cutting-edge technologies, promoting digital skilling, fostering innovation, and involving educators in the process, AIM and Meta are creating a dynamic ecosystem that prepares students for the challenges and opportunities of the future. This partnership sets a powerful precedent for the integration of technology in education, empowering students to become the leaders and innovators of tomorrow.



6. Which insurance company introduced the non-linked participating product Kotak G.A.I.N?

A.    Kotak Life Insurance

B.    HDFC Life Insurance

C.   ICICI Prudential Life Insurance

D.   Max Life Insurance

Answer: Option A


Kotak G.A.I.N shines as a non-linked participating product that takes customer-centricity to new heights. With its customized investment strategies, flexibility in premium payments, and a host of benefits, it stands as a frontrunner in the insurance market. Kotak Life Insurance's introduction of Kotak G.A.I.N showcases their commitment to providing individuals with innovative solutions for their long-term financial aspirations.



7. Which company launched the MethaneSAT satellite into orbit?

A.    NASA

B.    SpaceX

C.   Blue Origin


Answer: Option B


SpaceX's role in launching the MethaneSAT satellite into orbit demonstrates the company's commitment to environmental stewardship. By partnering with the EDF, SpaceX is at the forefront of leveraging cutting-edge technology to address global environmental challenges. The MethaneSAT project opens new horizons for monitoring and mitigating methane emissions, paving the way for a more sustainable future.



8. Which company has acquired Udacity and launched the LearnVantage platform?

A.    Google

B.    Microsoft

C.   Accenture

D.   IBM

Answer: Option C


Accenture's acquisition of Udacity and the subsequent launch of the LearnVantage platform mark a significant milestone in the realm of tech education. By combining their strengths, Accenture and Udacity have created a powerful learning ecosystem that empowers learners with the skills needed to thrive in the digital era. The introduction of LearnVantage not only addresses the pressing need for upskilling but also sets a new standard for online learning platforms. As industry demands continue to evolve, Accenture's commitment to providing cutting-edge training in tech, data, and AI skills will undoubtedly shape the future of upskilling.



9. In collaboration with which Indian state did the World Economic Forum (WEF) announce the establishment of a cutting-edge AI centre?

A.    Maharashtra

B.    Karnataka

C.   Telangana

D.   Gujarat

Answer: Option B


The collaboration between the World Economic Forum and Karnataka marks a significant milestone in the field of AI. With the establishment of the AI center, Karnataka is poised to become a global leader in AI innovation. This partnership not only highlights the transformative potential of AI but also emphasizes the importance of collaboration between government, industry, and academia. As Karnataka takes strides towards shaping the future of AI, the world watches with anticipation, eager to witness the groundbreaking advancements that will emerge from this visionary partnership.



10. Which company launched India's first UPI-Led QR stack for enterprises?

A.    BillDesk

B.    PhonePe

C.   Razorpay

D.   Google Pay

Answer: Option C


Razorpay's launch of India's first UPI-Led QR stack for enterprises marks a significant milestone in the realm of digital payments. By combining the power of UPI transactions and QR codes with contactless tap card payments, Razorpay has introduced a versatile and comprehensive solution. This innovation paves the way for greater convenience, security, and efficiency in the world of digital transactions.



11. Which country did India discuss broadening cooperation within emerging fields like technology and semiconductors?

A.    Japan

B.    China

C.   Australia

D.   South Korea

Answer: Option D


The bilateral meeting between India and South Korea marks a significant step towards broadening cooperation in emerging fields, specifically technology and semiconductors. This partnership underscores the importance of collaborative efforts in critical sectors to drive mutual growth, innovation, and economic progress. By leveraging their respective strengths and resources, India and South Korea are poised to make remarkable strides in the global landscape of technology and semiconductor industries.



12. With which institution has NPCI partnered for joint research on Blockchain and Artificial Intelligence (AI) technology?

A.    IISc, Bangalore

B.    IIT Bombay

C.   BITS Pilani

D.   IIT Delhi

Answer: Option A


The strategic partnership between NPCI and IISc, Bangalore, for joint research on Blockchain and AI technology holds immense promise for the future of fintech. By leveraging the expertise and resources of both institutions, this collaboration aims to drive innovation, enhance security, and revolutionize the digital payments landscape. As NPCI and IISc embark on this remarkable journey, the possibilities for transformative advancements in the fintech sector are limitless.



13. What percentage of stake is the Indian government planning to divest in NLC India?

A.    5%

B.    6%

C.   8%

D.   7%

Answer: Option D


The Indian government's plan to divest a 7% stake in NLC India through the OFS route is a strategic move to mobilize funds and meet fiscal targets. This divestment not only allows the government to generate capital but also holds implications for the market and investor sentiment. As the process unfolds, it will be intriguing to observe the market dynamics and the impact on NLC India's future. Stay tuned for updates on this significant development.



14. What was India's unemployment rate in 2023?

A.    3.6%

B.    3.1%

C.   4.2%

D.   5.1%

Answer: Option B


India's unemployment rate in 2023 reached a remarkable low of 3.1%, reflecting positive economic momentum and increased job opportunities. The concerted efforts of the government, coupled with economic growth and supportive policies, have contributed to this significant improvement. However, it is essential to address regional disparities and skill gaps to ensure a more equitable and sustainable job market in the future.



15. When does International Women's Day 2024 fall?

A.    February 13

B.    April 8

C.   June 21

D.   March 8

Answer: Option D


International Women's Day 2024 falls on March 8th, serving as a global celebration of women's achievements and a call to action for gender equality. The theme 'Invest in Women: Accelerate Progress' underscores the significance of economic empowerment in advancing gender parity. As we honor the accomplishments of women and advocate for a more inclusive world, let us work together to create lasting change and ensure that every day becomes a day to celebrate and uplift women.


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