Current Affairs Questions and Answers 15th March 2024

15th March Current Affairs 2024 Quiz

Q1. What does “PM-SURAJ” stand for?

(a) Prime Minister’s Scheme for Urban Renewal and Justice

(b) Pradhan Mantri Samajik Utthan evam Rozgar Adharit Jankalyan

(d) Pradhan Mantri Social Unity and Resilience for Adversity Jankalyan

(e) Pradhan Mantri Sustainable Rural Advancement Jankalyan

Q2. What does “NAMASTE” program focus on?

(a) Rural electrification

(b) Women empowerment

(d) Mechanized sanitation

(e) Educational infrastructure

Q3. Under which scheme will the OSAT facility in Sanand, Gujarat, be set up?

(a) Modified Scheme for Semiconductor Assembly, Testing, Marking, and Packaging (ATMP)

(b) Make in India Scheme

(d) Digital India Initiative

(e) Semiconductor Manufacturing Boost Scheme

Q4. What is the estimated cost of setting up India’s first semiconductor fabrication facility in Dholera, Gujarat?

(a) Rs 91,000 crore

(b) Rs 76,000 crore

(d) Rs 7,500 crore

(e) Rs 1.25 Lakh Crore

Q5. Who unveiled the logo for ‘Aakanksha’ under the ‘Vocal for Local’ initiative?

(a) Prime Minister of India

(b) Minister of Commerce and Industry

(d) President of India

(e) Chief Minister of Uttar Pradesh

Q6. Which platform has established a dedicated window for promoting ‘Aakanksha’ products from Aspirational Blocks?

(a) Amazon

(b) Flipkart

(d) Government e-Marketplace (GeM)

(e) Etsy

Q7. Which company will develop the Outsourced Semiconductor Assembly and Test (OSAT) facility in Morigaon, Assam?

(a) Tata Electronics

(b) Powerchip Semiconductor Manufacturing Corporation (PSMC)

(d) Bharat Electronics Limited

(e) Reliance Industries Limited

Q8. Under which theme was Yoga Mahotsav-2024 celebrated?

(a) Yoga for Men’s Health

(b) Yoga for Children’s Well-being

(d) Yoga for Elderly Care

(e) Yoga for Stress Management

Q9. Under which agreement did India and the Asian Development Bank (ADB) sign a loan for peri-urban development in Ahmedabad?

(a) India-Gujarat Development Accord

(b) Ahmedabad Urban Expansion Partnership

(d) India-ADB Peri-Urban Development Initiative

(e) India-ADB Loan Agreement for Ahmedabad Peri-Urban Development

Q10. Which category of electric vehicles is included in the target support of EMPS 2024?

(a) Four-wheelers (e-4W)

(b) Electric bicycles (e-bikes)

(d) Electric buses (e-buses)

(e) Electric boats (e-boats)

Q11. Under which ministry was PB-SHABD launched?

(a) Ministry of Information and Broadcasting

(b) Ministry of Communications

(d) Ministry of External Affairs

(e) Ministry of Finance

Q12. Under which authority did the RBI impose a monetary penalty on Bank of India?

(a) Reserve Bank of India Act, 1934

(b) Banking Regulation Act, 1949

(d) Prevention of Money Laundering Act, 2002

(e) Securities and Exchange Board of India Act, 1992

Q13. Under which scheme has Bank of Baroda announced the launch of the bob Earth Green Term Deposit Scheme?

(a) bob Prosperity Term Deposit Scheme

(b) bob Wellness Term Deposit Scheme

(d) bob Growth Term Deposit Scheme

(e) bob Secure Term Deposit Scheme

Q14. What is the maximum interest rate offered under the Bob’s new Term Deposit Scheme launched recently?

(a) 6.75% p.a.

(b) 6.90% p.a.

(d) 7.10% p.a.

(e) 7.15% p.a.

Q15. Under which initiative was the Friendship Pipeline Project jointly inaugurated?

(a) SAARC Energy Grid

(b) India-Bangladesh Energy Cooperation

(d) Friendship Pipeline Initiative

(e) South Asian Regional Pipeline

Solutions

S1. Ans.(b)

Sol. “PM-SURAJ” stands for Pradhan Mantri Samajik Utthan evam Rozgar Adharit Jankalyan. This portal aims to empower marginalized communities by extending credit support.

S2. Ans.(d)

Sol. The NAMASTE program focuses on Mechanized Sanitation. It includes distributing health cards and PPE kits to sewer and septic tank workers.

S3. Ans.(a)

Sol. The OSAT facility in Sanand, Gujarat, will be set up by CG Power and Industrial Solutions Limited under the Modified Scheme for Semiconductor ATMP. This scheme aims to encourage semiconductor manufacturing in India.

S4. Ans.(a)

Sol. The semiconductor fabrication facility in Dholera, Gujarat, is estimated to cost approximately Rs 91,000 crore. This facility, a collaborative effort between Tata Electronics and Powerchip Semiconductor Manufacturing Corporation (PSMC), aims to bolster India’s semiconductor manufacturing capabilities.

S5. Ans.(c)

Sol. The logo for ‘Aakanksha’ was unveiled by the CEO of NITI Aayog as a part of the ‘Vocal for Local’ initiative, aimed at providing a unified identity for indigenous local products.

S6. Ans.(d)

Sol. Government e-Marketplace (GeM) has established a dedicated window for promoting ‘Aakanksha’ products from Aspirational Blocks, facilitating their visibility and accessibility to a wider audience.

S7. Ans.(a)

Sol. ata Electronics will develop the OSAT facility in Morigaon, Assam, with an investment of approximately Rs 27,000 crore. This initiative aims to boost semiconductor manufacturing in the region and contribute to India’s technological growth.

S8. Ans.(c)

Sol. The event commemorated 100-day countdown to IDY-2024 with a specific focus on promoting women’s well-being through yoga, as highlighted by Secretary Ministry of Ayush Vaidya Rajesh Kotecha.

S9. Ans.(e)

Sol. India-ADB Loan Agreement for Ahmedabad Peri-Urban Development. This loan agreement, worth $181 million, aims to enhance infrastructure and services in Ahmedabad’s peri-urban areas. It reflects the collaboration between India and ADB to address the city’s urban expansion challenges.

S10. Ans.(c)

Sol. EMPS 2024 aims to support the adoption of electric two-wheelers (e-2W) and electric three-wheelers (e-3W), including registered e-rickshaws and e-carts. These categories are specifically targeted to accelerate the transition towards greener mobility options in India.

S11. Ans.(a)

Sol. PB-SHABD, a news sharing service, was launched under the Ministry of Information and Broadcasting, as announced by Union Minister Anurag Singh Thakur.

S12. Ans.(a)

Sol. The RBI imposed the monetary penalty on Bank of India under the authority granted by the Reserve Bank of India Act, 1934.

S13. Ans.(c)

Sol. Bank of Baroda has introduced the bob Earth Green Term Deposit Scheme to raise deposits for financing eligible environment-friendly projects and sectors, supporting India’s transition to a green and sustainable economy.

S14. Ans.(e)

Sol. Bank of Baroda offers an interest rate of up to 7.15% p.a. on deposits ranging from Rs. 5,000 to Below Rs. 2 Crore under the bob Earth Green Term Deposit Scheme.

S15. Ans.(b)

Sol. The Friendship Pipeline Project was jointly inaugurated by Indian Prime Minister Narendra Modi and Bangladesh Premier Sheikh Hasina under the India-Bangladesh Energy Cooperation initiative in March 2023.