Daily Current Affairs Quiz – 30th October 2024

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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2024 of 30th October 2024. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2024 & other competitive exams can make use of these Current Affairs Quiz.

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1) What is the new name of the 12% Club app renamed by BharatPe reflecting its new focus on investment and wealth management?

(a) Save in BharatPe

(b) Reflector BharatPe

(d) Grow in BharatPe

(e) Stronger BharatPe

2) Which city’s Suburban Railway Project has received a €300 million (about ₹2,800 crore) loan from the European Investment Bank (EIB Global)?

(a) Kolkata

(b) Mumbai

(d) Bengaluru

(e) Chennai

3) Which Bank Introduces the “SME Turbo Loan,” Which Provides Small and Medium Businesses with Immediate Credit Approvals?

(a) CSB

(b) DBS

(d) SBI

(e) RBL

4) Which payment aggregator’s UPI Switch service has been certified by India’s National Payments Corporation?

(a) Paytm

(b) CRED

(d) Razorpay

(e) Juspay

5) Which Small Finance Bank has started offering “Selfe Loans” in advance of the holidays to help small companies with their financial obligations?

(a) Equitas SFB

(b) AU SFB

(d) Ujjiwan SFB

(e) Jana SFB

6) Which bank has teamed with Solex Energy to provide solar financing alternatives to institutional, commercial, and industrial clients?

(a) HDFC

(b) DBS

(d) SBI

(e) RBL

7) The Airbus C295 cargo aircraft project was emphasized as a representation of India’s defence relations with which nation?

(a) Finland

(b) Russia

(d) Spain

(e) France

8) During his October 29–30, 2024, visit to which nation, Union Minister Piyush Goyal hopes to strengthen strategic ties and promote investment, commerce, and economic cooperation?

(a) Qatar

(b) Saudi Arabia

(d) Kazakhstan

(e) Russia

9) In order to strengthen results for farmers’ collectives, the “Formation and Promotion of 10,000 FPOs” initiative, which was introduced in which year with a budget of Rs 6,865 crore, may be extended by four to five years beyond FY25?

(a) 2019

(b) 2020

(d) 2022

(e) 2018

10) In honor of Dhanvantari Jayanti and the 9th Ayurveda Day, Prime Minister Narendra Modi launched and laid the groundwork for several health initiatives valued at how many crores at the All India Institute of Ayurveda (AIIA), located in New Delhi?

(a) ₹12,850 crore

(b) ₹12,650 crore

(d) ₹12,550 crore

(e) ₹12,450 crore

11) The PM Internship Scheme Expands Prospects in India’s Principal Business Centers. Which city was at the top of the list in offering internships under the PM Internship Scheme?

(a) Bengaluru

(b) Chennai

(d) Hyderabad

(e) Mumbai

12) Which year would India launch its own space station, the Bharatiya Antriksh Station, according to Union Minister Dr. Jitendra Singh’s announcement?

(a) 2030

(b) 2035

(d) 2028

(e) 2029

13) Which nation hosted the meeting between Chinese President Xi Jinping and Prime Minister Shri Narendra Modi during the BRICS Summit?

(a) Bhutan

(b) Russia

(d) Brazil

(e) China

14) During the BRICS conference in Kazan, Russian President Vladimir Putin received artwork from which state from Prime Minister Narendra Modi?

(a) Odisha

(b) Punjab

(d) Kerala

(e) Jammu & Kashmir

15) To help rice millers in which state with their complaints about the purchase of paddy and custom-milled rice (CMR), the Consumer Affairs Ministry released the FCI Grievance Redressal System (FCI GRS) mobile app?

(a) Odisha

(b) Punjab

(d) Chhattisgarh

(e) Jammu & Kashmir

16) Which state administration, under the leadership of the Bharatiya Janata Party (BJP), has declared that the number of OBC seats for local body elections will be increased?

(a) Karnataka

(b) Punjab

(d) Chhattisgarh

(e) Bihar

17) The Karnataka Cabinet adopted the Karnataka Tourist Policy 2024-29, with the goal of attracting how many crores in tourist investments?

(a) ₹1,500 crore

(b) ₹1,200 crore

(d) ₹1,800 crore

(e) ₹2,000 crore

18) Which state’s first dry port was opened by Industry Minister Nitish Mishra at Bihta, a town near the state capital?

(a) Karnataka

(b) Punjab

(d) Chhattisgarh

(e) Bihar

19) When the proprietor of the domain name jiohotstar.com was revealed, a developer from Delhi attracted notice. Which year’s Trademark Act recognizes domain names as trademarks?

(a) 1998

(b) 1997

(d) 1995

(e) 1999

20) According to India’s monthly economic report, the country’s economy is at serious danger from geopolitical tensions and the unpredictable trade practices of other big nations. India, the ________-largest economy, may see a decline in expenditure on durable goods as a result of these global threats affecting household mood.

(a) 4th

(b) 5th

(d) 3rd

(e) 7th

21) Which company has promoted Gopal Vittal to Executive Vice-Chairman as of January 1, 2026?

(a) Airtel

(b) Phonepe

(d) VI

(e) Nokia

22) Which bank’s Ashok Chandra was recommended by the Financial Services Institutions Bureau (FSIB) to be its managing director (MD) and chief executive officer (CEO)?

(a) CSB

(b) DBS

(d) SBI

(e) RBL

23) Every year on _______, the International Day of Care and Support is commemorated to honor the vital role that caregivers play in society.

(a) October 27

(b) October 28

(d) October 31

(e) October 30

24) Every year on _________, people celebrate International Animation Day (IAD), which honors the history and significance of animation as a major creative and cultural form.

(a) October 27

(b) October 28

(d) October 31

(e) October 30

25) Where was the Jogimatti Wildlife Sanctuary located in?

(a) Rajasthan

(b) Karnataka

(d) Jharkhand

(e) Sikkim

Answers :

1) Answer: C

Short Explanation:

BharatPe has renamed its 12% Club app to Invest BharatPe, reflecting its new focus on investment and wealth management.

Halting Fresh Deposits: BharatPe has paused new deposits for its peer-to-peer (P2P) lending product, although existing users can still access their investments via the new app.

Detailed Explanation:

BharatPe has renamed its 12% Club app to Invest BharatPe, reflecting its new focus on investment and wealth management.

New Features: The platform is introducing new investment and wealth management features, with digital gold as its first investment product.

Halting Fresh Deposits: BharatPe has paused new deposits for its peer-to-peer (P2P) lending product, although existing users can still access their investments via the new app.

Future Plans: The app aims to expand beyond digital gold by offering fixed deposits in collaboration with banks and other small-ticket investment products.

There are potential plans to include trading and mutual funds in the future.

2) Answer: D

Short Explanation:

The European Investment Bank (EIB Global) has granted a €300 million (approximately ₹2,800 crore) loan for the Bengaluru Suburban Railway Project.

The loan is designated for constructing a new suburban railway network, covering four dedicated rail corridors in Bengaluru.

Detailed Explanation:

The European Investment Bank (EIB Global) has granted a €300 million (approximately ₹2,800 crore) loan for the Bengaluru Suburban Railway Project.

The loan is designated for constructing a new suburban railway network, covering four dedicated rail corridors in Bengaluru.

Project Specifications:The network will span a total of 149 km and include 58 stations and two depots.

The project aims to facilitate a modal shift from road to rail, addressing issues such as congestion, air and noise pollution, road safety, and greenhouse gas emissions.

Impact on Emissions:Once operational, the project will lead to an estimated 43% reduction in CO2 emissions in Bengaluru’s transport system.

The estimated daily ridership is projected to be nearly 400,000 trips per day in 2029 (the first year of full operation), with expectations to rise to about 1.4 million trips per day by 2040, aligning with the anticipated population growth.

3) Answer: A

Short Explanation:

CSB Bank, a leading private sector bank, has launched a new loan product, SME Turbo Loan, to offer quick and seamless credit access to small and medium enterprises (SMEs).

The loan provides in-principle sanction for credit amounts up to Rs 5 crore, with facilities such as overdrafts, term loans, and trade finance.

Detailed Explanation:

CSB Bank, a leading private sector bank, has launched a new loan product, SME Turbo Loan, to offer quick and seamless credit access to small and medium enterprises (SMEs).

The loan provides in-principle sanction for credit amounts up to Rs 5 crore, with facilities such as overdrafts, term loans, and trade finance.

With the overdraft, term loan and trade facilities, the new loan facility will underwrite borrowers based on their ‘digital scorecard’.

The Turbo Loan product simplifies the way SMEs access credit, by offering instant in-principle sanction, based on a simplified credit assessment, which is unique in the market.

The loan product utilizes a digital scorecard to assess borrowers, integrating multiple data sources such as credit bureau information, GST filings, and financial performance.

4) Answer: C

Short Explanation:

Cashfree Payments has received certification from the National Payments Corporation of India for its UPI Switch service.

Cashfree received the Payment Aggregator (PA) license from the Reserve Bank of India in December 2023, allowing it to operate as a regulated entity in the payments ecosystem.

Detailed Explanation:

Cashfree Payments has received certification from the National Payments Corporation of India for its UPI Switch service.

Cashfree can offer settlement of around 12,000 transactions per second with this certification.

Cashfree has built this switch in partnership with NSDL Payments Bank as the sponsor bank.

With this integration, Cashfree expects a 5% increase in transaction success rates, aiding faster merchant onboarding and access to new UPI features.

Cashfree received the Payment Aggregator (PA) license from the Reserve Bank of India in December 2023, allowing it to operate as a regulated entity in the payments ecosystem.

5) Answer: A

Short Explanation:

Equitas Small Finance Bank has launched ‘Selfe Loans’ ahead of the festive season to support small businesses in meeting financial needs.

Detailed Explanation:

Equitas Small Finance Bank has launched ‘Selfe Loans’ ahead of the festive season to support small businesses in meeting financial needs.

The initiative leverages internet-based financial services to streamline loan access and aims to reduce the risk of financial fraud for users.

Loan Types Available: The ‘Selfe Loans’ app currently offers various secured loans without requiring income proof. These include:

Loans against property

Home loans

Merchant overdrafts

New and used car loans

Commercial vehicle loans

6) Answer: D

Short Explanation:

Solex Energy has partnered with the State Bank of India (SBI) to offer solar financing options for commercial, industrial, and institutional customers.

As part of the partnership, SBI will offer solar financing through loans up to Rs 10 crore for solar projects under its Surya Shakti Solar Finance Scheme across India.

Detailed Explanation:

Solex Energy has partnered with the State Bank of India (SBI) to offer solar financing options for commercial, industrial, and institutional customers.

As part of the partnership, SBI will offer solar financing through loans up to Rs 10 crore for solar projects under its Surya Shakti Solar Finance Scheme across India.

The collaboration aims to make solar energy accessible, affordable, and a driving force for India’s renewable energy future.

In August,2024 Tata Power Solar Systems Ltd (TPSSL) signed an agreement with ICICI Bank to provide financing for solar units to residential and corporate customers.

7) Answer: D

Short Explanation:

The Airbus C295 transport aircraft project was highlighted as a symbol of India-Spain defence ties.

The project involves 40 aircraft manufactured in India by Tata Advanced Systems Limited (TASL) in Vadodara, Gujarat, while 16 planes are delivered from Spain.

Detailed Explanation:

The Airbus C295 transport aircraft project was highlighted as a symbol of India-Spain defence ties.

The project involves 40 aircraft manufactured in India by Tata Advanced Systems Limited (TASL) in Vadodara, Gujarat, while 16 planes are delivered from Spain.

Leaders Modi and Sánchez encouraged similar joint defence projects in line with the ‘Make in India’ initiative.

Another Spanish defence firm, Navantia, is vying with Germany’s ThyssenKrupp Marine Systems for India’s P75I submarine project, which will involve six submarines with advanced propulsion systems.

Trade between India and Spain reached $10 billion, with $5 billion in investments. Talks focused on expanding collaboration across sectors like renewable energy, transport, healthcare, and food processing.

India supported Spain’s UNSC candidature for 2031-32, while Spain backed India’s for 2028-29.

8) Answer: B

Short Explanation:

Union Minister Piyush Goyal’s visit to Saudi Arabia (October 29-30, 2024) aims to enhance India-Saudi Arabia strategic ties and foster trade, investment, and economic cooperation.

He will also represent India at the 8th Future Investment Initiative (FII) in Riyadh, a platform for global leaders, investors, and innovators.

Detailed Explanation:

Union Minister Piyush Goyal’s visit to Saudi Arabia (October 29-30, 2024) aims to enhance India-Saudi Arabia strategic ties and foster trade, investment, and economic cooperation.

He will also represent India at the 8th Future Investment Initiative (FII) in Riyadh, a platform for global leaders, investors, and innovators.

Shri Goyal will inaugurate the Diwali Utsav at Lulu Hypermarket in Riyadh, celebrating Indian culture with the local community.

He will unveil the One District, One Product (ODOP) Wall at the Indian Embassy, promoting Indian craftsmanship globally, and interact with Indian diaspora leaders and professionals.

At FII, Goyal’s participation will emphasize India’s economic growth, sustainable development, and opportunities in sectors like renewable energy, digital infrastructure, and AI.

He will engage with global investors to bolster investor confidence and position India as a premier investment destination aligned with the Make in India initiative.

9) Answer: B

Short Explanation:

The “Formation and Promotion of 10,000 FPOs” scheme, launched in 2020 with a budget of Rs 6,865 crore, may be extended by 4-5 years beyond FY25 to solidify outcomes for farmers’ collectives.

Current Status: 9,200 FPOs have been formed out of a target of 10,000 by March 2025.

Detailed Explanation:

Current Status: 9,200 FPOs have been formed out of a target of 10,000 by March 2025.

Income Enhancement: Aims to improve farmers’ income through aggregation of produce and supply of inputs, thus reducing production costs.

Current Reach: FPOs operate across 33 states and union territories with 2.5 million farmers as shareholders and a turnover of Rs 1,300 crore.

The government has increased funding for FPO formation to Rs 581 crore for FY25, a 30% rise from the previous year.

FPOs are eligible for matching equity grants of up to Rs 2,000 per farmer member, with a cap of Rs 1.5 million per FPO.

10) Answer: A

Short Explanation:

Prime Minister Narendra Modi marked Dhanvantari Jayanti and the 9th Ayurveda Day with the launch and foundation of multiple health projects worth ₹12,850 crore at the All India Institute of Ayurveda (AIIA), New Delhi.

He highlighted the historic lighting of Lord Shri Ram’s temple in Ayodhya, celebrating his return after a 500-year wait.

Detailed Explanation:

He highlighted the historic lighting of Lord Shri Ram’s temple in Ayodhya, celebrating his return after a 500-year wait.

Emphasized India’s traditional values of health and prosperity. Ayurveda Day is celebrated in over 150 countries, showcasing global interest in India’s ancient healing science.

PM Modi inaugurated Phase II of the AIIA, integrating modern research with ancient practices like Panchakarma, reflecting India’s focus on holistic healthcare.

Five key pillars outlined by the Prime Minister:

Preventive healthcare

Early diagnosis

Affordable treatment

Doctors’ availability in rural areas

Advanced health technology

11) Answer: B

Short Explanation:

Chennai and Bengaluru lead in offering internships under the PM Internship Scheme, with 7,875 and 5,179 internships respectively, followed by Gurugram (4,576), Hyderabad (4,472), and Mumbai (4,288).

Among states, Maharashtra has the highest internship offers, reflecting its robust economic and industrial base.

Detailed Explanation:

Among states, Maharashtra has the highest internship offers, reflecting its robust economic and industrial base.

The top 10 districts, with over 39,200 internship offers, account for nearly one-third of the 127,000 internships currently available.

Graduation is the most sought-after qualification, with over 35,000 offers (28%).

10th standard and ITI qualifications each account for nearly 25% of the offers, while 17% require diploma holders and 7% look for 12th standard pass.

Prominent companies offering internships include Jubilant Foodworks, Eicher Motor Ltd, Larsen & Toubro Ltd, Tech Mahindra, Mahindra & Mahindra Ltd, Bajaj Finance, and Muthoot Finance.

Interns receive ₹4,500 monthly assistance from the government, ₹500 from companies, and a one-time grant of ₹6,000. Companies can fund training and ₹500 allowances through CSR funds.

Interns also get insurance under Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana.

12) Answer: B

Short Explanation:

Union Minister Dr. Jitendra Singh announced that India will establish its own space station, the Bharatiya Antriksh Station, by 2035.

This ambitious project is set to bolster India’s presence in space technology and research on a global scale.

Detailed Explanation:

Union Minister Dr. Jitendra Singh announced that India will establish its own space station, the Bharatiya Antriksh Station, by 2035.

This ambitious project is set to bolster India’s presence in space technology and research on a global scale.

An MoU between ISRO and the Department of Biotechnology was signed in New Delhi, focusing on merging biotechnology with space technology.

This partnership introduces the ‘BioE3’ policy, targeting advancements in economy, environment, and employment.

The Bharatiya Antriksh Station will support initiatives in:

Microgravity research

Space biomanufacturing

Bioastronautics and space biology

Advanced research in regenerative medicine and novel pharmaceuticals.

13) Answer: B

Short Explanation:

Prime Minister Shri Narendra Modi and Chinese President Xi Jinping met on the sidelines of the BRICS Summit in Kazan, Russia.

The meeting was described as a positive development in India-China bilateral relations by Russian envoy Denis Alipov.

Detailed Explanation:

Prime Minister Shri Narendra Modi and Chinese President Xi Jinping met on the sidelines of the BRICS Summit in Kazan, Russia.

The meeting was described as a positive development in India-China bilateral relations by Russian envoy Denis Alipov.

BRICS Summit Success:The BRICS Summit held in Kazan was termed a “total success.”

The summit was inclusive, featuring leaders from 35 countries, and focused on development issues, global governance reform, and cooperation for the Global South.

Modi and Xi endorsed the agreement on patrolling and disengagement along the Line of Actual Control (LAC) in eastern Ladakh.

Directions were issued to revive various bilateral dialogue mechanisms to normalize ties affected by the military clash in 2020.

14) Answer: C

Short Explanation:

Prime Minister Narendra Modi gifted artwork from Jharkhand to Russian President Vladimir Putin during the BRICS summit held in Kazan.

Detailed Explanation:

Prime Minister Narendra Modi gifted artwork from Jharkhand to Russian President Vladimir Putin during the BRICS summit held in Kazan.

Sohrai Painting:

Origin: Hazaribagh district, Jharkhand.

Significance: Represents indigenous artistic traditions and is recognized as an ODOP (One District One Product) item.

Characteristics: Utilizes natural pigments and simple tools; intricate designs created using brushes made from twigs, rice straw, or fingers.

Themes: Depicts animals, birds, and nature, reflecting the agrarian lifestyle and reverence for wildlife in tribal culture.

Additional Gifts from PM Modi:

To Iran: A Mother of Pearl SeaShell Vase, showcasing coastal craftsmanship.

To Uzbekistan: A Warli Painting from Maharashtra.

Warli Painting:

Origin: Tribal art form from the Warli tribe in Maharashtra, primarily in Dahanu, Talasari, and Palghar regions.

Historical Significance: One of the oldest art forms in India, dating back to around 3000 BCE.

Cultural Relevance: Traditionally created by Warli women on mud walls during special occasions; documents lifestyle, customs, and rituals through visual storytelling.

15) Answer: B

Short Explanation:

The Consumer Affairs Ministry launched the FCI Grievance Redressal System (FCI GRS) mobile app to assist rice millers in Punjab with their grievances related to the procurement of paddy and custom milled rice (CMR).

The initiative follows the Union government’s promise to ensure seamless procurement of paddy and CMR in Punjab.

Detailed Explanation:

The initiative follows the Union government’s promise to ensure seamless procurement of paddy and CMR in Punjab.

Addressing Grievances: The app allows rice millers to lodge complaints, monitor the status of their grievances, and receive responses directly on their mobile devices.

Automatic Assignment: Complaints lodged through the app will be automatically assigned to the relevant FCI officials for action.

Challenges Faced: Farmers and millers had reported delays in paddy procurement by the Food Corporation of India (FCI), which the app aims to address.

16) Answer: D

Short Explanation:

The Chhattisgarh government, led by the Bharatiya Janata Party (BJP), has announced an increase in the reservation for Other Backward Classes (OBC) in local body elections.

The decision was made during a Cabinet meeting chaired by Chief Minister Vishnu Deo Sai and is based on recommendations from the State Backward Classes Welfare Commission.

New Reservation Limit:The reservation limit for OBCs has been raised from 25% to a maximum of 50%.

Detailed Explanation:

The Chhattisgarh government, led by the Bharatiya Janata Party (BJP), has announced an increase in the reservation for Other Backward Classes (OBC) in local body elections.

The decision was made during a Cabinet meeting chaired by Chief Minister Vishnu Deo Sai and is based on recommendations from the State Backward Classes Welfare Commission.

New Reservation Limit:The reservation limit for OBCs has been raised from 25% to a maximum of 50%.

This new provision will apply to state-level reserved positions, including positions such as district panchayat Chairpersons, municipal corporation Mayors, and municipality Chairpersons.

Reservation Conditions:OBC reservation will only apply in bodies where the total reservation for Scheduled Castes (SC) and Scheduled Tribes (ST) is below 50%.

In cases where SC and ST reservations exceed 50%, OBC reservation will not apply.

17) Answer: A

Short Explanation:

The Karnataka Cabinet approved the Karnataka Tourism Policy 2024-29, with a target to attract ₹1,500 crore in investments in the tourism sector.

Tourism Targets:Foreign Tourists: The state aims to attract 20 lakh foreign tourists annually to rank among the top five states in foreign tourist arrivals (currently around 12-14 lakh).

Detailed Explanation:

The Karnataka Cabinet approved the Karnataka Tourism Policy 2024-29, with a target to attract ₹1,500 crore in investments in the tourism sector.

Tourism Targets:Foreign Tourists: The state aims to attract 20 lakh foreign tourists annually to rank among the top five states in foreign tourist arrivals (currently around 12-14 lakh).

Domestic Tourists: Karnataka seeks to be in the top three states for domestic tourism with a target of 48 crore local tourists annually.

Subsidies and Grants: The policy includes subsidies and grants to support tourism development under various initiatives.

Thematic Tourism Promotion: The policy emphasizes diverse tourism themes, including adventure, agriculture, caravan, coastal, beach, cuisine, cultural, environmental, film, golf, tribal, wedding destinations, and health tourism, among others.

18) Answer: E

Short Explanation:

Bihar’s first dry port was inaugurated by Industry Minister Nitish Mishra in Bihta, a town near the state capital, Patna.

Purpose: The dry port is part of Bihar’s initiative to enhance the export of goods produced in the state, developed in collaboration with a private company.

Definition: A dry port, or inland container depot (ICD), serves as a logistics facility located away from seaports or airports, facilitating cargo handling, storage, and transportation.

Detailed Explanation:

Bihar’s first dry port was inaugurated by Industry Minister Nitish Mishra in Bihta, a town near the state capital, Patna.

Purpose: The dry port is part of Bihar’s initiative to enhance the export of goods produced in the state, developed in collaboration with a private company.

Definition: A dry port, or inland container depot (ICD), serves as a logistics facility located away from seaports or airports, facilitating cargo handling, storage, and transportation.

Functionality: The dry port acts as a crucial link between sea/air ports and inland regions, streamlining the movement of goods and improving logistical efficiency.

Size and Management: The Bihta dry port covers an area of seven acres and operates under a Public-Private Partnership (PPP) model, managed by Pristine Magadh Infrastructure Private Limited in collaboration with the state industry department.

19) Answer: E

Short Explanation:

A Delhi-based developer gained attention after revealing ownership of the domain name jiohotstar.com.

Trademark Act Relevance: Domain names are recognized as trademarks under the Trademark Act, 1999.

Detailed Explanation:

A Delhi-based developer gained attention after revealing ownership of the domain name jiohotstar.com.

Purchase Rationale: The developer purchased the domain anticipating a potential merger between Reliance JioCinema and Disney+ Hotstar.

Cybersquatting Definition: Cybersquatting refers to the act of registering a domain name with the intent to profit from a trademark, corporate, or personal name.

Perception of Cybersquatting: Cybersquatting is often viewed as a form of extortion or an attempt to undermine competitors in business.

Legal Context in India: Currently, there are no specific laws in India that prohibit or penalize cybersquatting.

Trademark Act Relevance: Domain names are recognized as trademarks under the Trademark Act, 1999.

20) Answer: B

Short Explanation:

India’smonthly economic report identifies geopolitical conflicts and uncertain trade policies of major economies as major risks to its economy.

These global risks could affect household sentiment in India, potentially reducing spending on durable goods in the fifth-largest economy.

Detailed Explanation:

India’smonthly economic report identifies geopolitical conflicts and uncertain trade policies of major economies as major risks to its economy.

Potential economic challenges include geoeconomic fragmentation and high valuations in financial markets, particularly in advanced economies.

These global risks could affect household sentiment in India, potentially reducing spending on durable goods in the fifth-largest economy.

The Indian government forecasts a growth rate of 6.5%-7% for the current fiscal year, down from 8.2% in the previous year due to escalating geopolitical risks.

21) Answer: A

Short Explanation:

Gopal Vittal has been promoted to Executive Vice-Chairman of Bharti Airtel, effective January 1, 2026.

He will transition from his current role as Managing Director and Chief Executive Officer (MD & CEO).

Shashwat Sharma, the current Chief Operating Officer (COO), will be appointed as the MD and CEO starting January 1, 2026.

Detailed Explanation:

Gopal Vittal has been promoted to Executive Vice-Chairman of Bharti Airtel, effective January 1, 2026.

He will transition from his current role as Managing Director and Chief Executive Officer (MD & CEO).

Shashwat Sharma, the current Chief Operating Officer (COO), will be appointed as the MD and CEO starting January 1, 2026.

Gopal Vittal has served as MD & CEO of Airtel for the past 12 years.

During his tenure, Airtel has developed a diverse portfolio across various segments, including mobile, B2B, Home Broadband, DTH, and digital services.

Before joining Airtel, Gopal Vittal worked for Hindustan Unilever for two decades, gaining experience across various categories and countries.

22) Answer: C

Short Explanation:

The Financial Services Institutions Bureau (FSIB)recommended Ashok Chandra for the position of Managing Director (MD) and Chief Executive Officer (CEO) of Punjab National Bank (PNB).

The current MD & CEO of PNB, Atul Kumar Goel, is set to complete his tenure on December 31, 2024.

Detailed Explanation:

The Financial Services Institutions Bureau (FSIB)recommended Ashok Chandra for the position of Managing Director (MD) and Chief Executive Officer (CEO) of Punjab National Bank (PNB).

Ashok Chandra is currently the Executive Director (ED) at Canara Bank, a position he has held since November 21, 2022.

The current MD & CEO of PNB, Atul Kumar Goel, will complete his tenure on December 31, 2024.

Chandra is currently executive director (ED) at Canara Bank since November 21, 2022.

The current MD & CEO of PNB, Atul Kumar Goel, is set to complete his tenure on December 31, 2024.

The maximum retirement age is 60 years, as per the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970 & 1980.

23) Answer: C

Short Explanation:

The International Day of Care and Support is observed annually on October 29 to honour caregivers’ invaluable role in society.

Theme for 2024: “Ageing with Dignity: The Importance of Strengthening Care and Support Systems for Older Persons Worldwide”

Detailed Explanation:

The International Day of Care and Support is observed annually on October 29 to honour caregivers’ invaluable role in society.

Theme for 2024: “Ageing with Dignity: The Importance of Strengthening Care and Support Systems for Older Persons Worldwide”

The 2024 theme emphasizes the need to enhance care systems globally, ensuring that older adults receive dignified, compassionate support.

The United Nations General Assembly declared October 29 as the International Day of Care and Support in 2023, with support from over 100 nations.

24) Answer: B

Short Explanation:

International Animation Day (IAD) is celebrated annually on October 28 to honour the origins and impact of animation as a significant artistic and cultural medium.

Detailed Explanation:

International Animation Day (IAD) is celebrated annually on October 28 to honour the origins and impact of animation as a significant artistic and cultural medium.

Established by the Association Internationale du Film d’Animation (ASIFA) in 2002, IAD commemorates the first public projection of animated images by Émile Reynaud at his Théâtre Optique in Paris in 1892.

Founded: 2002 by ASIFA.

Historical Significance: Marks the first public performance of projected moving images on October 28, 1892.

Purpose: Celebrates animation’s role as a vital artistic medium that has evolved over time.

25) Answer: B

About Karnataka :

Governor : Thawar Chand Gehlot

Chief Minister : Siddaramaiah

Capital : Bangalore

Wildlife Sanctuary : Bramhagiri Wildlife Sanctuary, Dandeli Wildlife Sanctuary, Jogimatti Wildlife Sanctuary

This post was last modified on November 4, 2024 11:21 am

2 months ago

Daily Current Affairs Quiz – 30th October 2024

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