Content Ad 002

Current Affairs Quiz 18th February 2024

Directions for the quiz:

1. This quiz, that is the Current Affairs Quiz 18th February2024, is meant to be a check for your learning and is meant to serve as a tool for assessment.

2. Current Affairs Quiz 18th February2024 is designed to check your Current Affairs General Knowledge and provide you with an assessment of the same.

3. Each question in Current Affairs Quiz 18th February2024 followed by 4 options. Select the most appropriate option for the question.

4. Before you take this quiz, we would recommend to you to go through the article,Daily Current Affairs Today 18th February2024

 

 

Question 1:

What is the projected growth of India’s per capita income by 2030, according to a research report by Standard Chartered Bank?

A) 50%

B) 60%

C) 80%

D) 70%

Answer and Explanation

Answer: D

  • Explanation: The correct answer is D. The research report by Standard Chartered Bank suggests that India’s per capita income is likely to grow around 70% by 2030, reaching 4,000 dollars from the current level of 2,450 dollars.

 

 

Question 2:

Which Indian state currently holds the top spot in per capita income rankings?

A) Karnataka

Content Ad 03

B) Telangana

C) Kerala

D) Tamil Nadu

Answer and Explanation

Answer: B

  • Explanation: The correct answer is B. Telangana currently holds the top spot in per capita income rankings with ₹2,75,443 (equivalent to 3,360).

 

 

Question 3:

Which bank is not included in the list of authorized banks for issuing FASTags as per the Indian Highways Management Company Limited (IHMCL)?

A) HDFC Bank

B) ICICI Bank

C) Paytm Payments Bank

D) State Bank of India

Answer and Explanation

Answer: C

  • Explanation: The correct answer is C. The IHMCL has excluded Paytm Payments Bank from the list of authorized banks for issuing FASTags, advising highway users to purchase FASTags from other authorized banks for seamless travel.

 

 

Question 4:

What directive did the Supreme Court of India give regarding the State Bank of India (SBI) and electoral bonds?

A) To increase the issuance

B) To stop issuing immediately

C) To disclose donor identities

D) To limit the purchase amount

Answer and Explanation

Answer: B

  • Explanation: The Supreme Court directed the State Bank of India (SBI) to immediately halt the issuance of electoral bonds.

 

 

Question 5:

What type of insurance plan has the Life Insurance Corporation of India (LIC) launched for children?

A) Unit-linked insurance plan

B) Money-back insurance plan

C) Whole life insurance plan

D) Non-linked, non-participating, individual, savings, life insurance plan

Answer and Explanation

Answer: D

  • Explanation: LIC introduced “Amritbaal,” a non-linked, non-participating, individual, savings, life insurance plan specifically designed for children.

 

 

Question 6:

How has the State Bank of India (SBI) simplified the enrollment process for the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) schemes?

A) By introducing a paper-based application form

B) By mandating branch visits for enrollment

C) By launching a self-subscribing digital journey

D) By requiring telephonic registration

Answer and Explanation

Answer: C

  • Explanation: SBI launched a self-subscribing journey for enrollment under the PMJJBY and PMSBY schemes, allowing customers to enroll digitally at their convenience.

 

 

Question 7:

What change has the IRDAI proposed regarding the ‘free look’ period for policies?

A) Increase from 15 to 30 days

B) Decrease from 30 to 15 days

C) Elimination of the ‘free look’ period

D) No change, maintaining at 15 days

Answer and Explanation

Answer: A

  • Explanation: IRDAI proposed extending the free look period for policies from the current 15 days to 30 days, allowing policyholders more time to reconsider their insurance policies.

Question 8:

By how much is India’s authorized capital for the Food Corporation of India (FCI) increased?

A) From Rs 5,000 crore to Rs 10,000 crore

B) From Rs 10,000 crore to Rs 21,000 crore

C) From Rs 15,000 crore to Rs 20,000 crore

D) From Rs 20,000 crore to Rs 25,000 crore

Answer and Explanation</p> <p>

Answer: B

  • Explanation: The Government of India has increased the authorized capital of the FCI from Rs 10,000 crore to Rs 21,000 crore to strengthen the agricultural sector and support farmers.

 

 

Question 9:

What is the expected growth rate of India’s natural gas demand in 2024?

A) 4%

B) 5%

C) 6%

D) 7%

Answer and Explanation

Answer: C

  • Explanation: India’s natural gas demand is expected to rise by 6% in 2024, driven by increased consumption in various sectors such as fertilizers and power generation.

 

 

Question 10:

When is Tesla planning to start production of its new electric vehicle model codenamed ‘Redwood’?

A) 2023

B) 2024

C) 2025

D) 2026

Answer and Explanation

Answer: C

  • Explanation: Tesla expects to start production of its new electric vehicle model, codenamed ‘Redwood’, in the second half of 2025.

 

 

Question 11:

Where was the 69th Hyundai Filmfare Awards 2024 held?

A) Mumbai

B) New Delhi

C) Gujarat

D) Kolkata

Answer and Explanation

Answer: C

  • Explanation: The 69th Hyundai Filmfare Awards 2024 was held in Gujarat, in partnership with Gujarat Tourism, celebrating the Hindi film industry.

 

 

Question 12:

Which company partnered with IBM to build a “Super App” for financial inclusion?

A) Tata Motors

B) Reliance Industries

C) Mahindra & Mahindra Financial Services Limited

D) Infosys

Answer and Explanation

Answer: C

  • Explanation: Mahindra & Mahindra Financial Services Limited partnered with IBM to create a “Super App” aiming to provide customers with a single digital financial services platform.

 

 

Question 13:

When does Pixxel plan to launch its series of homebuilt hyperspectral satellites named Fireflies?

A) May 2023

B) June 2024

C) July 2025

D) August 2026

Answer and Explanation

Answer: B

  • Explanation: Bengaluru-based space startup Pixxel plans to launch its series of small, homebuilt satellites, Fireflies, from June 2024, offering detailed Earth observation capabilities.

 

 

Question 14:

Which team won the ICC U19 World Cup by defeating India?

A) England

B) West Indies

C) Australia

D) South Africa

Answer and Explanation

Answer: C

  • Explanation: Australia clinched the ICC U19 World Cup crown with an emphatic win over India, securing their fourth title in the tournament.
Content Ads 02 Sample 01

FREE CHEAT SHEET

Learn
How to Master VA-RC 

This free (and highly detailed) cheat sheet will give you strategies to help you grow

No thanks, I don't want it.

Join Our Newsletter

Get the latest updates from our side, including offers and free live updates, on email.

Rsz Undraw Envelope N8lc Smal
Rsz 1rsz Close Img