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March 29, 2024 Current Affairs

1. Which institution is hosting the 6th Shaastra Rapid FIDE Rated Chess Tournament?

A.    IIT Delhi

B.    IIT Madras

C.   IIT Bombay

D.   IIT Kanpur

Answer: Option B

Explanation:

The world of chess is about to witness an extraordinary event as the 6th Shaastra Rapid FIDE Rated Chess Tournament kicks off. Hosted by none other than IIT Madras, this tournament promises to be an exhilarating competition, attracting top-level chess players from around the globe.

 


 

2. Which country has already claimed rights to the Afanasy Nikitin Seamount (AN Seamount) region?

A.    Sri Lanka

B.    Maldives

C.   Indonesia

D.   Australia

Answer: Option A

Explanation:

The vast expanse of the Indian Ocean holds many mysteries beneath its depths. One such region that has recently sparked interest and controversy is the Afanasy Nikitin Seamount (AN Seamount). In this blog post, we will delve into the question of which country has claimed rights to this intriguing region and explore the implications it holds.

 


 

3. Which company acquired a 26% stake in Adani's power project?

A.    Reliance

B.    Tata

C.   Infosys

D.   Wipro

Answer: Option A

Explanation:

In a game-changing move within India's energy sector, Reliance Industries, led by Mukesh Ambani, has recently acquired a substantial 26% stake in Adani's power project located in Madhya Pradesh. This strategic collaboration between two influential entities holds immense potential for synergies and advancements in power generation and distribution. Let's delve deeper into the details of this groundbreaking development.

 


 

4. Which bank has launched digital US dollar fixed deposits for NRI customers at GIFT City, Gujarat?

A.    HDFC Bank

B.    IDFC FIRST Bank

C.   Axis Bank

D.   Kotak Mahindra Bank

Answer: Option C

Explanation:

Axis Bank has taken a significant step towards digital banking by introducing digital US dollar fixed deposits (FDs) for NRI customers at the IFSC Banking Unit (IBU) located in GIFT City, Gujarat. This innovative offering aims to provide a seamless and paperless experience for opening and managing FDs, ultimately enhancing customer experience and convenience. Let's delve deeper into this pioneering initiative by Axis Bank.

 


 

5. What is the reason for the cancellation of Karvy Investor Services Ltd's registration as a merchant banker by SEBI?

A.    Financial mismanagement

B.    Breach of eligibility criteria

C.   Non-compliance with regulatory norms

D.   Lack of physical infrastructure

Answer: Option B

Explanation:

In a surprising turn of events, Karvy Investor Services Ltd's registration as a merchant banker was recently cancelled by SEBI (Securities and Exchange Board of India). This decision sparked curiosity and speculation among market participants, prompting us to delve deeper into the matter.

 


 

6. In which state has Adani Group's world's largest single-location copper manufacturing plant begun operations?

A.    Maharashtra

B.    Gujarat

C.   Rajasthan

D.   Karnataka

Answer: Option

Explanation:

In a remarkable development for the Indian manufacturing sector, Adani Group has recently inaugurated the world's largest single-location copper manufacturing plant. Located in the state of Gujarat, specifically at Mundra, this state-of-the-art facility is poised to revolutionize the country's copper production industry.

 


 

7. Whose book "Code-Dependent: Living in the Shadow of AI" has been shortlisted for the inaugural Women’s Prize for Non-Fiction?

A.    Madhumita Murgia

B.    Laura Cumming

C.   Naomi Klein

D.   Noreen Masud

Answer: Option A

Explanation:

Artificial intelligence (AI) has become an integral part of our lives, revolutionizing various industries and shaping the way we interact with technology. In the midst of this AI revolution, Madhumita Murgia, an Indian-British journalist and commentator, has made a significant impact with her book "Code-Dependent: Living in the Shadow of AI." This thought-provoking and timely piece of non-fiction has been shortlisted for the inaugural Women’s Prize for Non-Fiction, offering readers a deep dive into the profound implications of AI on our society.

 


 

8. What was the provisional increase percentage in the Index of Eight Core Industries (ICI) in February 2024 compared to the same month in 2023?

A.    5.2%

B.    4.1%

C.   6.7%

D.   7.3%

Answer: Option C

Explanation:

The Index of Eight Core Industries (ICI) plays a crucial role in measuring the industrial production of India. It provides valuable insights into the growth and performance of key sectors that contribute significantly to the country's economy.

 


 

9. Which bank has successfully acquired Sonata Finance Private Limited for a total consideration of approximately Rs.537 crore?

A.    Kotak Mahindra Bank

B.    HDFC Bank

C.   ICICI Bank

D.   Axis Bank

Answer: Option A

Explanation:

In a significant move within the banking industry, Kotak Mahindra Bank has successfully acquired Sonata Finance Private Limited for a total consideration of approximately Rs.537 crore. This strategic acquisition showcases Kotak Mahindra Bank's commitment to expanding its presence in the microfinance sector and highlights its dedication to strategic growth and diversification. Let's delve deeper into the details of this noteworthy acquisition.

 


 

10. Who has been appointed as the new Assistant Secretary-General and Special Representative of the Secretary-General for Disaster Risk Reduction by the United Nations?

A.    Maria Gonzalez

B.    Rahul Sharma

C.   Fatima Ahmed

D.   Kamal Kishore

Answer: Option D

Explanation:

In a recent appointment by the United Nations, Kamal Kishore, an experienced professional in disaster risk reduction, climate action, and sustainable development, has been selected as the new Assistant Secretary-General and Special Representative of the Secretary-General for Disaster Risk Reduction. This significant decision highlights the UN's commitment to addressing and mitigating the impact of disasters worldwide. Let's delve into the background of Kamal Kishore and explore the reasons why he is the ideal candidate for this crucial role.

 


 

11. Where is the physical segment of the first Army Commanders' Conference for the year 2024 being held?

A.    Mumbai

B.    New Delhi

C.   Kolkata

D.   Bengaluru

Answer: Option B

Explanation:

The First Army Commanders' Conference for the year 2024 is a highly anticipated event that brings together senior military leadership for strategic discussions and planning. This conference, chaired by the Chief of the Army Staff (COAS), General Manoj Pande, plays a crucial role in shaping the future of the Indian Army.

 


 

12. With which company has Tata Motors announced a strategic partnership to establish a nationwide network of 5,000 public charging stations for electric vehicles (EVs) by the end of 2024?

A.    Indian Oil Corporation Ltd

B.    Bharat Petroleum Corporation Ltd

C.   Hindustan Petroleum Corporation Ltd

D.   Reliance Industries Ltd

Answer: Option C

Explanation:

In a significant step towards boosting electric vehicle (EV) adoption and infrastructure development, Tata Motors has recently announced a strategic partnership with Hindustan Petroleum Corporation Ltd (HPCL). This collaboration aims to establish a nationwide network of 5,000 public charging stations for EVs by the end of 2024. With this ambitious initiative, Tata Motors and HPCL are paving the way for a sustainable and eco-friendly future.

 


 

13. Who has been appointed as the Managing Director & Chief Executive Officer (MD & CEO) of the Bank of Maharashtra?

A.    Rakesh Kumar

B.    Asheesh Pandey

C.   Rohit Rishi

D.   Nidhu Saxena

Answer: Option D

Explanation:

In a significant development, the Bank of Maharashtra has announced the appointment of its new Managing Director & Chief Executive Officer (MD & CEO). This decision marks a turning point in the bank's leadership and sets the stage for a new era of growth and innovation. Let's delve into the details of this appointment and get to know the esteemed individual who will be taking charge.

 


 

14. Where did the trailer and song launch of India's first Artificial Intelligence based film "IRAH" take place?

A.    Delhi

B.    Chennai

C.   Mumbai

D.   Kolkata

Answer: Option C

Explanation:

The vibrant city of Mumbai became the epicenter of excitement and anticipation as it played host to the grand trailer and song launch of "IRAH," India's first-ever Artificial Intelligence based film. The event marked a monumental milestone in the realm of Indian cinema, captivating the attention of film enthusiasts, industry professionals, and curious onlookers alike. Let's delve into the captivating details of this groundbreaking occasion.

 


 

15. In which state was the world's first Om-shaped temple inaugurated?

A.    Uttar Pradesh

B.    Maharashtra

C.   Karnataka

D.   Rajasthan

Answer: Option D

Explanation:

In a world full of architectural wonders, Rajasthan has added another gem to its crown. The world's first Om-shaped temple has been inaugurated in the serene village of Jadan, located in the picturesque Pali district. This architectural marvel, known as the 'Om Aakar' temple, spans across 250 acres and stands as a testament to Rajasthan's rich cultural and architectural heritage.


 

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