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May 3, 2024 Current Affairs

1. Who received the 'Green Oscar' Whitley Gold Award 2024?

A.    Raman Sukumar

B.    Brindha Devi

C.   Krishnamoorthy

D.   Purnima Devi Barman

Answer: Option D

Explanation:

Purnima Devi Barman's journey as a wildlife biologist and conservationist has been nothing short of extraordinary. Through her relentless dedication, she has not only revived the population of the endangered Greater Adjutant Stork but also inspired countless individuals to take action and make a difference. Her receipt of the 'Green Oscar' Whitley Gold Award 2024 serves as a testament to her unwavering commitment and the impact one individual can have on the conservation of our precious wildlife.

 


 

2. Which company has been named the Lead Arm sponsor for the USA and South Africa cricket teams in the T20 World Cup 2024?

A.    Nestle

B.    Amul

C.   Coca-Cola

D.   PepsiCo

Answer: Option B

Explanation:

Amul's selection as the Lead Arm sponsor for the USA and South Africa cricket teams in the T20 World Cup 2024 is a testament to their global presence and commitment to promoting sportsmanship and healthy lifestyles. This sponsorship not only showcases their dedication to supporting cricket but also solidifies their position as a trusted and recognized brand worldwide. As cricket fans eagerly await the T20 World Cup, Amul's involvement adds an extra layer of excitement and anticipation to the tournament.

 


 

3. Which company's Sanand unit in India is set to roll out its first batch of domestically made semiconductor chips in 2025?

A.    Intel

B.    AMD

C.   Nvidia

D.   Micron

Answer: Option D

Explanation:

Micron's Sanand unit's impending roll-out of domestically manufactured semiconductor chips in 2025 is a landmark moment for both the company and India's semiconductor industry. This strategic move not only showcases Micron's commitment to innovation but also highlights India's growing influence in the global semiconductor market. As the world eagerly awaits the debut of these chips, it is evident that Micron's Sanand unit is set to shape the future of India's semiconductor landscape.

 


 

4. Which company secured $400 million in financing for its 750 MW solar projects in Rajasthan and Gujarat?

A.    Adani Green Energy

B.    Tata Power

C.   Suzlon Energy

D.   ReNew Power

Answer: Option

Explanation:

The securing of $400 million in financing for AGEL's solar projects in Rajasthan and Gujarat marks a significant milestone in the renewable energy sector. AGEL's success not only underscores the growing investor confidence in renewable energy projects but also reinforces the company's commitment to expanding its renewable energy capacity in India. With the support of international banks, AGEL is well-positioned to lead the way in the country's transition towards a cleaner and more sustainable energy future.

 


 

5. Which country will host the 2025 BWF World Junior Badminton Championships?

A.    China

B.    Malaysia

C.   France

D.   India

Answer: Option D

Explanation:

India's selection as the host country for the 2025 BWF World Junior Badminton Championships is a momentous occasion for the nation. It presents an opportunity to highlight India's badminton legacy, showcase its world-class facilities, and inspire young talents to pursue their passion for the sport. As badminton enthusiasts eagerly await this grand event, the world will witness the culmination of hard work, dedication, and the global impact of the sport.

 


 

6. Which company has joined India’s top 5 companies by market capitalization, surpassing Rs 8 trillion?

A.    Bank of India

B.    IDFC Bank

C.   ICICI Bank

D.   Axis Bank

Answer: Option C

Explanation:

ICICI Bank's achievement of surpassing Rs 8 trillion in market capitalization is a testament to its unwavering commitment to financial excellence, customer-centricity, and innovation. As one of India's top five companies by market capitalization, ICICI Bank has solidified its position as a key player in the country's financial sector. With its strong financial performance, technological advancements, and strategic partnerships, the bank is well-equipped to navigate the ever-changing landscape of the banking industry and continue its upward trajectory.

 


 

7. What is the initial interest rate set by RBI for the Floating Rate Bond maturing in 2034?

A.    7%

B.    8%

C.   9%

D.   10%

Answer: Option B

Explanation:

The Reserve Bank of India (RBI) has set the initial interest rate for the Floating Rate Bond maturing in 2034 at 8%. This bond offers investors a unique opportunity to participate in a flexible investment option, allowing them to potentially benefit from changes in short-term debt auction yields. With its variable interest rate feature, this bond presents an exciting investment avenue for those seeking potential returns in line with prevailing market conditions. So, if you are considering diversifying your investment portfolio, the Floating Rate Bond maturing in 2034 could be a compelling option worth exploring.

 


 

8. When was The Street Vendors (Protection of Livelihood and Regulation of Street Vending) Act enacted?

A.    2014

B.    2004

C.   1994

D.   1984

Answer: Option A

Explanation:

The Street Vendors (Protection of Livelihood and Regulation of Street Vending) Act, enacted in 2014, has been pivotal in safeguarding the rights and livelihoods of street vendors in India. Through its provisions for regulation, designated vending zones, and social security measures, the act has empowered street vendors and facilitated their integration into urban planning. As we move towards more inclusive cities, this act stands as a testament to the importance of recognizing and supporting the contributions of street vendors.

 


 

9. When was the Coalition for Disaster Resilient Infrastructure (CDRI) launched?

A.    2018

B.    2020

C.   2019

D.   2017

Answer: Option C

Explanation:

The Coalition for Disaster Resilient Infrastructure (CDRI), launched in 2019, serves as a vital platform for enhancing infrastructure resilience globally. Through knowledge exchange, research, and mobilization of resources, CDRI strives to strengthen infrastructure systems and support sustainable development efforts. In a world increasingly vulnerable to climate change and disasters, CDRI stands as a beacon of hope, fostering collaboration and innovation to build a more resilient future.

 


 

10. When is World Press Freedom Day celebrated?

A.    May 3

B.    May 5

C.   May 8

D.   May 10

Answer: Option A

Explanation:

World Press Freedom Day, celebrated on May 3rd, serves as a reminder of the fundamental principles of press freedom and the indispensable contribution of journalists to society. With its 2024 theme, "A Press for the Planet: Journalism in the Face of the Environmental Crisis," the day highlights the pressing need for journalism to address global environmental challenges. As we commemorate this day, let us reaffirm our commitment to defending press freedom, supporting journalists, and valuing the role of a free and independent media in promoting a just and informed world.

 


 

11. Who has been appointed as Director in the Department of Promotion of Industry and Internal Trade (DPIIT)?

A.    Rohan Sharma

B.    Karthik Chidambaram

C.   Pratima Singh

D.   Vikram Chauhan

Answer: Option C

Explanation:

The appointment of Pratima Singh as the Director of DPIIT is a noteworthy milestone in the government's drive to enhance industrial and trade promotion in India. With her background, expertise, and commitment to excellence, Singh is poised to lead DPIIT towards new heights of success. This appointment reiterates the government's recognition of skilled professionals and its determination to harness their abilities for the country's growth. Pratima Singh's directorship in DPIIT holds promise for the future of India's industrial and trade sectors.

 


 

12. What event did the Council of Scientific & Industrial Research - Indian Institute of Petroleum (CSIR-IIP) celebrate recently?

A.    Golden Jubilee

B.    65th Foundation Day

C.   Silver Jubilee

D.   75th Anniversary

Answer: Option B

Explanation:

CSIR-IIP's 65th Foundation Day celebration was a testament to the institute's remarkable journey and significant contributions to the field of petroleum and allied industries. Reflecting on its history, celebrating achievements, unveiling the roadmap for future research endeavors, and fostering collaborations, CSIR-IIP continues to pave the way for innovation and scientific excellence. As we look ahead, we can anticipate even greater advancements and breakthroughs from this esteemed institution.

 


 

13. Recently, which IIT has been granted a patent for its cost-effective inverter?

A. IIT Patna

B. IIT Madras

C. IIT Kanpur

D. IIT Bombay

Hide Answer

Answer: Option A

Explanation:

The recent patent granted to IIT Patna for its cost-effective inverter marks a pivotal moment in the realm of clean energy technology. This innovative creation, integrating the battery and inverter into a single unit, promises to revolutionize the way we generate and utilize clean energy. With its lightweight design, improved efficiency, and commercial potential, IIT Patna's inverter opens up new possibilities for clean energy adoption. As we move towards a greener future, advancements like these pave the way for a more sustainable and environmentally conscious world.

 


 

14. Recently, the Indian Army and the Punit Balan Group collaborated to open the India’s first Constitution Park in which city?

A. Ahmedabad

B. Pune

C. Jaipur

D. Varanasi

Hide Answer

Answer: Option B

Explanation:

India's first Constitution Park in Pune is a remarkable initiative that combines art, education, and civic responsibility. By highlighting the significance of the Indian Constitution and citizens' duties, this park seeks to create an informed and engaged society. As visitors explore the park's beautifully crafted installations and participate in educational programs, they are inspired to uphold the values of the Constitution and actively contribute to India's journey towards progress.

 


 

15. What is ‘Antares’, recently seen in news?

A. Submarine

B. AI tool

C. Red supergiant star

D. Invasive plant

Hide Answer

Answer: Option C

Explanation:

Antares stands as a mesmerizing celestial marvel, captivating our imaginations with its colossal size, captivating color, and intriguing mysteries. Its place in the cosmos reminds us of the vastness and beauty of the universe we inhabit. As we continue to explore and unravel the secrets of Antares, our understanding of stellar evolution and the cosmos as a whole deepens.

 


 

16. Recently, who has been appointed as the Presiding Officer of the Securities Appellate Tribunal (SAT)?

A. Meera Swarup

B. Dheeraj Bhatnagar

C. Dinesh Kumar

D. JP Devdhar

Hide Answer

Answer: Option C

Explanation:

The appointment of Justice Dinesh Kumar as the Presiding Officer of SAT marks an important milestone in the functioning of the tribunal. His vast experience and expertise will undoubtedly contribute to the fair and efficient resolution of appeals. With this new appointment, SAT is poised to strengthen its role as an independent appellate body, ensuring a robust and transparent financial regulatory system in India.

 


 

17. Red Colobus Conservation Action Plan, recently seen in news, is an initiative of which organization?

A. IUCN

B. WMO

C. WHO

D. WWF

Hide Answer

Answer: Option A

Explanation:

The Red Colobus Conservation Action Plan led by the IUCN is a pivotal step towards safeguarding Africa's forests and preserving the Red Colobus monkeys. By addressing the threats they face and implementing conservation measures, this initiative not only protects a unique group of primates but also contributes to the overall health and sustainability of Africa's ecosystems. The successful implementation of this action plan is vital for the long-term conservation of Red Colobus monkeys and the protection of Africa's rich biodiversity.


 

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