Current Affairs Questions and Answers 20th June 2024

20th June Current Affairs 2024 Quiz

Q1. Who is responsible for providing the land for GAIL’s Ethane Cracker Project in Sehore, Madhya Pradesh?

(a) GAIL (India)

(b) Madhya Pradesh State Government

(c) MP Industrial Development Corporation Limited

(d) Ministry of Petrochemicals

(e) Local Municipal Corporation

Q2. Who is appointed as the Chairman of the committee to examine the setup of the Digital Payments Intelligence Platform?

(a) A.P. Hota

(b) Dinesh Khara

(c) Raghuram Rajan

(d) Urjit Patel

(e) Shaktikanta Das

Q3. Which Indian Navy ship is participating in the JIMEX-24 exercise at Yokosuka, Japan?

(a) INS Vikramaditya

(b) INS Shivalik

(c) INS Kochi

(d) INS Arihant

(e) INS Kolkata

Q4. What is India’s projected GDP growth rate for FY25, according to the World Bank’s latest forecast?

(a) 6.0%

(b) 6.2%

(c) 6.4%

(d) 6.6%

(e) 6.8%

Q5. What is the key factor driving the quick loan approval process under SBI’s ‘SME Digital Business Loans’?

(a) Lengthy appraisal processes

(b) Traditional credit underwriting

(c) Data-driven credit assessment

(d) Human intervention

(e) Requirement of financial statements

Q6. Who is the President of the International Hockey Federation (FIH)?

(a) Dilip Tirkey

(b) Tayyab Ikram

(c) Narendra Batra

(d) Jérôme Valcke

(e) John Coates

Q7. Which museum at Oxford University is returning the stolen bronze idol?

(a) British Museum

(b) Victoria and Albert Museum

(c) Ashmolean Museum

(d) Natural History Museum

(e) Museum of London

Q8. Who has been appointed as the new Chairman of the Cellular Operators’ Association of India (COAI) for the 2024-25 term?

(a) Abhijit Kishore

(b) Rahul Vatts

(c) SP Kochhar

(d) Mukesh Ambani

(e) Sunil Mittal

Q9. Where was the 5th DHARMA GUARDIAN exercise held?

(a) New Delhi, India

(b) Tokyo, Japan

(c) Rajasthan, India

(d) Kyoto, Japan

(e) Mumbai, India

Q10. Which facility will be introduced under the e-mandate framework for recurring transactions to trigger automatic balance replenishment in Fastag or NCMC accounts?

(a) Automatic debit notification

(b) Automatic replenishment

(c) Manual balance check

(d) Pre-debit notification

(e) Automated fraud alert

Solutions

S1. Ans. (c)

Sol. The MP Industrial Development Corporation Limited is responsible for providing the approximately 800 hectares of land required for the project. The state government has initiated the necessary processes to facilitate this.

S2. Ans.(a)

Sol. Bank of India has acquired a 6.125% stake in CCIL IFSC, demonstrating its commitment to the growth of GIFT City IFSC. This strategic acquisition aligns with the bank’s aim to strengthen its presence in the global financial services market.

S3. Ans.(b)

Sol.  The Indian Navy’s indigenously built Stealth Frigate INS Shivalik is participating in the ongoing JIMEX-24 exercise. This participation signifies India’s commitment to enhancing naval cooperation with Japan.

S4. Ans.(d)

Sol.  The World Bank retains its growth forecast for India at 6.6% for FY25, indicating a continuation of strong economic performance despite a projected moderation in growth.

S5. Ans.(c)

Sol. SBI relies on data from income tax returns (ITR), GST returns, and bank statements to make quick sanction decisions within 10 seconds, eliminating the need for traditional credit underwriting and human intervention.

S6. Ans.(b)

Sol. Tayyab Ikram serves as the President of the International Hockey Federation (FIH). In the context of the announcement regarding India hosting the 2025 FIH Hockey Men’s Junior World Cup, President Ikram expressed enthusiasm for the expanded event format and emphasized its significance in shaping the future of hockey.

S7. Ans.(c)

Sol . The Ashmolean Museum at the University of Oxford is the institution returning the 16th-century bronze sculpture of Saint Tirumankai Alvar to India.

S8. Ans.(a)

Sol.  Abhijit Kishore, currently the Chief Operating Officer (COO) of Vodafone Idea, has been appointed as the Chairman of COAI. This appointment was made for the term 2024-25. Kishore brings over three decades of experience in the telecom industry to his new role.

S9. Ans.(c)

Sol . The 5th edition of the DHARMA GUARDIAN exercise was held at Mahajan Field Firing Ranges in Rajasthan, India, in February/March 2024. This exercise venue alternates between India and Japan, demonstrating the commitment of both countries to enhancing their defense relationship.

S10. Ans.(b)

Sol.  Under the e-mandate framework, the RBI will introduce an automatic replenishment facility to trigger automatic balance replenishment in Fastag or NCMC accounts.