Current Affairs Questions and Answers 03rd April 2024

03rd April Current Affairs 2024 Quiz

Q1. What is the highest daily wage rate for unskilled workers under MGNREGS?

(a) Rs 374

(b) Rs 312

(d) Rs 250

(e) Rs 290

Q2. What was the total value of transactions processed by UPI in March 2024?

(a) ₹18.41 lakh crore

(b) ₹19.78 lakh crore

(d) ₹139 lakh crore

(e) None of the above

Q3. Who won the International Booker Prize in 2022?

(a) Geetanjali Shree

(b) Aravind Adiga

(d) Jhumpa Lahiri

(e) Kiran Desai

Q4. What is the primary objective of CoViNet, the global network launched by WHO?

(a) Enhancing global surveillance of all respiratory viruses

(b) Focusing solely on SARS-CoV-2 detection and monitoring

(d) Providing treatment for COVID-19 patients

(e) Supporting research on non-coronavirus-related diseases

Q5. What was the total number of credit cards issued by banks in India as of February 2024 according to RBI data?

(a) 99.5 million

(b) 98.75 million

(d) 100.60 million

(e) 102.25 million

Q6. Which bank leads in credit card issuance with 20.40 million cards in circulation?

(a) State Bank of India (SBI)

(b) ICICI Bank

(d) HDFC Bank

(e) Kotak Mahindra Bank

Q7. What was the year-over-year growth rate of Indian engineering exports in February 2024?

(a) 5.9%

(b) 10.9%

(d) 20.9%

(e) 25.9%

Q8. Where did the India-Mozambique-Tanzania Trilateral Exercise (IMT TRILAT 24) recently conclude?

(a) Nacala, Tanzania

(b) Dar es Salaam, Mozambique

(d) Zanzibar, Tanzania

(e) Nacala, Mozambique

Q9. Which company emerged as the first Indian entity to achieve the Aluminium Stewardship Initiative (ASI) Performance Standard V3 Certification?

(a) Hindalco Industries

(b) National Aluminium Company (NALCO)

(d) Tata Steel

(e) Bharat Aluminium Company Limited (BALCO)

Q10. Which entity emerged as the largest allottee in Karnataka Bank’s QIP, securing a substantial 25% allocation?

(a) SBI Life Insurance Company

(b) Franklin India Smaller Companies Fund

(d) Morgan Stanley Asia Singapore PTE

(e) Max Life Insurance Company

Solutions

S1. Ans.(a)

Sol. Haryana has the highest daily wage rate for unskilled workers under MGNREGS, set at Rs 374. This figure reflects the top end of the revised wage rates announced by the Union rural development ministry.

S2. Ans.(b)

Sol. UPI processed transactions worth ₹19.78 lakh crore in March 2024, setting a new record compared to the previous highest value of ₹18.41 lakh crore set in January 2024.

S3. Ans.(a)

Sol. Geetanjali Shree. She was awarded the International Booker Prize in 2022 for her novel “Tomb of Sand.” This recognition highlights the significant contribution of Indian literature on the global stage.

S4. Ans.(c)

Sol. CoViNet aims to facilitate and coordinate global expertise and capacities for early and accurate detection, monitoring, and assessment of coronaviruses, including SARS-CoV-2, MERS-CoV, and potential novel strains. It expands beyond just COVID-19 to encompass a broader range of coronaviruses.

S5. Ans.(d)

Sol. According to the Reserve Bank of India (RBI) data, the total number of credit cards in circulation in India surpassed the 100 million mark in February 2024, reaching 100.60 million.

S6. Ans.(d)

Sol. HDFC Bank is the leader in credit card issuances in India, with 20.40 million cards in circulation.

S7. Ans.(c)

Sol. In February 2024, Indian engineering exports witnessed a remarkable year-over-year growth rate of 15.9%. This indicates a substantial increase in exports compared to the previous year.

S8. Ans.(e)

Sol. The exercise concluded in Nacala, Mozambique, as stated in the provided text. Nacala served as the venue for the closing ceremony of the week-long exercise, highlighting the importance of enhanced maritime cooperation among India, Mozambique, and Tanzania.

S9. Ans.(e)

Sol. BALCO, a unit of Vedanta Aluminium, has attained the ASI Performance Standard V3 Certification, making it the inaugural Indian company to achieve this milestone. This certification reflects BALCO’s commitment to sustainable practices in the aluminium value chain, positioning it as a leader in environmental and social responsibility within the industry.

S10. Ans.(c)

Sol. HSBC Mutual Fund emerged as the largest allottee in Karnataka Bank’s QIP, securing a substantial 25% allocation.