Current Affairs Questions and Answers 29 February 2024

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29th February 2024 Current Affairs Questions And Answers: Here, we are providing the Current Affairs Questions and Answers for 29th February 2024. These types of topics are important for candidates who prepare for Bank Exam 2023. In this article, we are covering the following topics Headlines:

Pakistan’s first woman chief minister
Amrit Bharat Station Scheme
Adani’s Ammunition & Missiles Complex
Paytm Payments Bank
Estimated poverty rate in India
India’s maiden manned space mission

29th February Current Affairs 2024 Quiz

The Current Affairs 2024 section constitutes a major part of the General Awareness section in a competitive examination and plays an instrumental role. To supplement your preparation for the General Awareness Section of the upcoming exams like IBPS PO/Clerk Mains, SBI PO Mains and SEBI Grade A Prelims, we are providing you 29th February Current Affairs 2024 Quiz covering the following topics Headlines: Pakistan’s first woman chief minister, Amrit Bharat Station Scheme, Adani’s Ammunition & Missiles Complex, Paytm Payments Bank, Estimated poverty rate in India, India’s maiden manned space mission.

Q1. Who became Pakistan’s first woman chief minister?

(a) Maryam Nawaz

(b) Benazir Bhutto

(d) Fatima Jinnah

(e) Malala Yousafzai

Q2. What is the estimated cost of the Amrit Bharat Station Scheme for the redevelopment of 553 railway stations?

(a) Rs. 15,000 crore

(b) Rs. 17,500 crore

(d) Rs. 21,500 crore

(e) Rs. 24,000 crore

Q3. What is the estimated investment plan for Adani’s Ammunition & Missiles Complex in Kanpur, Uttar Pradesh?

(a) Rs 1,000 crore

(b) Rs 1,500 crore

(d) Rs 2,500 crore

(e) Rs 3,000+ crore

Q4. How many countries have ratified the ILO Convention 190 on ending workplace violence and harassment worldwide?

(a) 15

(b) 25

(d) 45

(e) 50

Q5. What prompted Vijay Shekhar Sharma to resign from his role as chairman of Paytm Payments Bank?

(a) Regulatory concerns and RBI’s directive to wind down operations.

(b) Personal reasons unrelated to regulatory issues.

(d) Financial losses incurred by Paytm.

(e) Expansion plans for Paytm in international markets.

Q6. What percentage of stake does Vijay Shekhar Sharma hold in Paytm Payments Bank?

(a) 100%

(b) 75%

(d) 25%

(e) 10%

Q7. According to the latest NSSO survey, what is the estimated poverty rate in India?

(a) Below 10%

(b) Exactly 5%

(d) Above 10%

(e) None of the above

Q8. Where was the launch event of the US-India Cyber Security Initiative held?

(a) New Delhi, India

(b) Washington D.C., USA

(d) Mumbai, India

(e) Pune, India

Q9. Who among the following astronauts has been revealed by Prime Minister Narendra Modi for India’s maiden manned space mission, Gaganyaan?

(a) Group Captain P Balakrishnan Nair

(b) Wing Commander S Shukla

(d) Group Captain Angad Pratap

(e) All of the above

Q10. Which engine achieved a major milestone in the preparation for India’s Gaganyaan mission, as announced by ISRO?

(a) CE10 cryogenic engine

(b) CE20 cryogenic engine

(d) CE40 cryogenic engine

(e) CE50 cryogenic engine

Q11. What is the projected GDP growth rate for India in FY25 according to Bank of Baroda?

(a) 6.75-6.8%

(b) 7.2-7.5%

(d) 6.2-6.4%

(e) 7.0-7.2%

Q12. Which political party was Shafiqur Rahman Barq associated with during his political career?

(a) Bharatiya Janata Party (BJP)

(b) Indian National Congress (INC)

(d) Bahujan Samaj Party (BSP)

(e) Communist Party of India (CPI)

Q13. Which country recently celebrated the grand opening of Djamaa El-Djazair, acclaimed as “Africa’s largest mosque” and the third-largest mosque in the world?

(a) Morocco

(b) Egypt

(d) Algeria

(e) Libya

Q14. What is the projected GDP growth rate for India in FY25 according to Morgan Stanley Research?

(a) 6.5%

(b) 6.0%

(d) 7.0%

(e) 7.5%

Q15. How many tunnels are incorporated in the Sevoke-Rangpo railway line, spanning from Sevoke in West Bengal to Rangpo in Sikkim?

(a) 10 tunnels

(b) 12 tunnels

(d) 16 tunnels

(e) 18 tunnels

Solutions

S1. Ans.(a)

Sol. Maryam Nawaz, a senior leader of the Pakistan Muslim League-Nawaz (PML-N) party and daughter of former Prime Minister Nawaz Sharif, made history by becoming the first woman Chief Minister of Pakistan’s Punjab province.

S2. Ans.(c)

Sol. The Prime Minister initiated the redevelopment of 553 railway stations under the Amrit Bharat Station Scheme, totaling over Rs. 19,000 crores.

S3. Ans.(e)

Sol. Adani Defence plans to invest over Rs 3,000 crore in the Ammunition & Missiles Complex, emphasizing their commitment to enhancing India’s defense capabilities and fostering technological advancement in the sector.

S4. Ans.(c)

Sol. As of the latest update, 38 countries globally have ratified the ILO Convention 190. This indicates a growing international consensus on the importance of addressing workplace violence and harassment.

S5. Ans.(a)

Sol. Vijay Shekhar Sharma’s resignation from his role as chairman of Paytm Payments Bank was prompted by regulatory scrutiny and the RBI’s directive to wind down operations due to serious supervisory concerns. This decision aligns with efforts to address governance issues and ensure compliance with regulatory standards.

S6. Ans.(c)

Sol. Vijay Shekhar Sharma, the Founder and CEO of Paytm, holds a 51% stake in Paytm Payments Bank, demonstrating his significant ownership interest and influence in the banking entity.

S7. Ans.(c)

Sol. The NSSO survey, as highlighted by NITI Aayog CEO Subrahmanyam, indicates that poverty in India has decreased to below 5%, reflecting a significant improvement in economic conditions.

S8. Ans.(e)

Sol. The launch event took place at the MCCIA Pune Business International Business Summit.

S9. Ans.(e)

Sol. Prime Minister Narendra Modi revealed the names of all four astronauts designated for India’s Gaganyaan mission, including Group Captain P Balakrishnan Nair, Group Captain Ajit Krishnan, Group Captain Angad Pratap, and Wing Commander S Shukla.

S10. Ans.(b)

Sol. ISRO announced the successful completion of the human rating of its CE20 cryogenic engine, a significant milestone in the preparation for India’s Gaganyaan mission.

S11. Ans.(a)

Sol. Bank of Baroda forecasts India’s GDP growth to be around 6.75-6.8% in FY25, as per their report. This projection indicates sustained economic momentum, aligning with other estimates by reputable financial institutions.

S12. Ans.(c)

Sol. Shafiqur Rahman Barq, a senior leader of the Samajwadi Party and MP representing Sambhal, Uttar Pradesh, breathed his last at a private hospital in Moradabad at the age of 94. Reportedly, he succumbed to a kidney infection after being in a weakened and unwell state for some time.

S13. Ans.(d)

Sol. Algeria recently celebrated the grand opening of Djamaa El-Djazair, also known as the Great Mosque of Algiers, which is acclaimed as “Africa’s largest mosque” and the third-largest mosque in the world.

S14. Ans.(a)

Sol. Morgan Stanley Research forecasts India’s GDP growth to moderate to 6.5% in FY25. This projection reflects a decline from the 6.9% growth projected for FY24.

S15. Ans.(c)

Sol. Prime Minister Narendra Modi ceremonially laid the foundation stone for Sikkim’s inaugural railway station in Rangpo, marking a significant moment in the state’s history. The Sevoke-Rangpo railway line, spanning from Sevoke in West Bengal to Rangpo in Sikkim, incorporates 14 tunnels.