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May 20, 2024 Current Affairs

1. What is the projected GDP growth rate for the March quarter according to Ind-RA?

A.   6.7%

B.   8.4%

C.   7.1%

D.   6.5%

Answer: Option A


Ind-RA's forecast of a 6.7% GDP growth rate for the March quarter reflects a moderation from the exceptional growth observed in the previous quarter. While this projection indicates a slowdown, it is important to consider the underlying factors and trends that contribute to this forecast. By providing valuable insights into the economic landscape, Ind-RA's projections help shape expectations and guide decision-making processes. As the quarter unfolds, it will be intriguing to observe how closely these projections align with the actual economic performance.



2. Which country sanctioned Boeing and two other US defence companies for selling arms to Taiwan?

A.   Japan

B.   Russia

C.   India

D.   China

Answer: Option D


China's decision to sanction Boeing and two other US defense companies for their involvement in arms sales to Taiwan underscores its strong opposition to such activities. This move not only highlights China's territorial claims but also adds fuel to the already simmering regional tensions. As the situation evolves, it is crucial for all stakeholders to carefully navigate these complex dynamics and seek peaceful resolutions.



3. Which platform has facilitated over 50 lakh invoices worth ₹1,00,000 crore in MSME invoice financing?

A.   QuickBooks

B.   ClearTax

C.   TReDS

D.   Paytm

Answer: Option C


TReDS has emerged as a leading platform in MSME invoice financing, facilitating over 50 lakh invoices worth ₹1,00,000 crore. Its transparent and efficient system has empowered MSMEs by bridging the working capital gap and enabling economic growth. As we look towards the future, TReDS continues to play a vital role in driving financial inclusion and propelling India's journey towards a robust and thriving economy.


4. Which university researched the effectiveness of the HPV vaccine in reducing cervical cancer cases?

A.   Queen Mary University

B.   Oxford University

C.   Harvard University

D.   Stanford University

Answer: Option A


The major study conducted by researchers at Queen Mary University of London has provided significant evidence supporting the effectiveness of the HPV vaccine in reducing cases of cervical cancer. The findings emphasize the vaccine's impact across different socio-economic groups, particularly in more deprived communities. This research serves as a valuable resource for public health initiatives and underscores the importance of widespread vaccination efforts. As we continue to combat cervical cancer, the HPV vaccine stands as a powerful tool in our fight against this devastating disease. 


5. Who is set for appointment as Taiwan’s President?

A.   Lee Hsien Loong

B.   Xi Jinping

C.   Moon Jae-in

D.   Lai Ching-te

Answer: Option D


Lai Ching-te's upcoming appointment as Taiwan's President marks a turning point in the country's political landscape. With a focus on national prosperity and diplomatic stability, he is poised to lead Taiwan into a new era. As the world watches closely, the future of Taiwan under Lai Ching-te's leadership holds great promise.



6. What does the 'Surety Bond Bima' product launched by SBI General Insurance aim to secure?

A.   Agricultural Projects

B.   Infrastructure Projects

C.   Educational Institutions

D.   Healthcare Facilities

Answer: Option B


The introduction of the 'Surety Bond Bima' by SBI General Insurance marks a significant step towards securing infrastructure projects. This innovative product addresses the various challenges faced by contractors and principals, providing them with the confidence and financial security needed to undertake ambitious ventures. With its comprehensive coverage and commitment to fostering infrastructure development, the 'Surety Bond Bima' emerges as a game-changer in the realm of project security.



7. In which country was the recent Subcritical Nuclear test conducted?

A.   Russia

B.   China

C.   United States

D.   France

Answer: Option C


The recent Subcritical Nuclear test conducted by the United States in Nevada has unveiled important insights into the world of nuclear weapons. Through our exploration of the location, motivations, and compliance with international agreements, we have gained a comprehensive understanding of this significant event. It is essential to continue monitoring such tests and their implications to ensure a safer and more secure future. 


8. Who secured the top spot on Forbes' list of the world's highest-paid athletes?

A.   Cristiano Ronaldo

B.   Lionel Messi

C.   Jon Rahm

D.   Kylian Mbappe

Answer: Option A


Cristiano Ronaldo's ascent to the top spot on Forbes' list of the world's highest-paid athletes is a testament to his exceptional talent, astute business decisions, and unrivaled global appeal. Through his remarkable on-field performances, strategic endorsements, and off-field ventures, Ronaldo has solidified his position as a financial juggernaut in the realm of sports. With his unwavering determination and entrepreneurial spirit, it comes as no surprise that Ronaldo continues to dominate both the football pitch and the financial charts.



9. Which country recently announced the Mobility Arrangement for Talented Early-professionals Scheme (MATES) for Indian Nationals?

A.   United States

B.   Australia

C.   United Kingdom

D.   Canada

Answer: Option B


Australia's Mobility Arrangement for Talented Early-professionals Scheme (MATES) for Indian Nationals marks an exciting step towards fostering collaboration and skills transfer between Australia and India. This scheme provides Indian graduates and early career professionals with the opportunity to gain international experience, expand their professional networks, and contribute to Australia's workforce. The MATES program showcases the commitment of both countries towards strengthening their ties and promoting global talent mobility.  



10. Where was the world's first high-speed 6G device launched?

A.   South Korea

B.   United States

C.   China

D.   Japan

Answer: Option D


Japan's unveiling of the world's first high-speed 6G device marks a significant milestone in the realm of technological innovation. With its lightning-fast connectivity, this groundbreaking invention has the potential to reshape industries, empower communication, and transform entertainment experiences. As we eagerly await its widespread adoption, it is clear that the future of connectivity is set to enter a new era of speed and possibility.



11. Who has been approved by the RBI as the Whole Time Director on the Board of IDFC FIRST Bank?

A.   Rajesh Sharma

B.   Pradeep Natarajan

C.   Ananya Gupta

D.   Sameer Patel

Answer: Option B


The approval of Pradeep Natarajan as the Whole Time Director on the Board of IDFC FIRST Bank signifies a significant milestone for the private sector lender. This appointment, valid for a tenure of three years, highlights the bank's focus on strengthening its leadership team and leveraging expertise to drive growth. With Natarajan's vast experience and strategic vision, IDFC FIRST Bank is well-positioned to navigate the ever-evolving banking landscape and deliver exceptional value to its customers and stakeholders.



12. When is World Bee Day observed?

A.   May 1

B.   May 5

C.   May 20

D.   May 22

Answer: Option C


World Bee Day serves as a reminder of the invaluable contributions that bees make to our world. From the pollination of plants to the enhancement of food security and sustainable agriculture, bees play a vital role in maintaining the delicate balance of our ecosystem. On May 20th, let us take a moment to appreciate and protect these remarkable creatures, ensuring their continued presence for generations to come.


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