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Current Affairs Quiz 15th May 2024

Directions for the quiz:

1. This quiz, that is the Current Affairs Quiz 15th May 2024, is meant to be a check for your learning and is meant to serve as a tool for assessment.

2. Current Affairs Quiz 15th May 2024 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 15th May 2024 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 15th May, 2024

 

Question 1:

Which country has recently surpassed the United States to become India’s largest trading partner?

A) China
B) Russia
C) Japan
D) Germany

Answer and Explanation

Answer: A) China

  • Explanation: According to the Global Trade Research Initiative, China has become India’s largest trading partner, surpassing the United States with a total trade of $118.4 billion.

 

Question 2:

Who became India’s 85th chess Grandmaster in 2024?

A) Vishwanathan Anand
B) Vidit Gujrathi
C) P Shyaamnikhil
D) Hikaru Nakamura

Answer and Explanation

Answer: C) P Shyaamnikhil

  • Explanation: P Shyaamnikhil from Tamil Nadu achieved the title of India’s 85th Grandmaster after securing the final GM norm at the Dubai Police Masters Chess Tournament.

 

Question 3:

Which Indian literary works were recently inscribed on UNESCO’s Memory of the World Register?

A) Ramcharitmanas, Panchatantra, Sahṛdayāloka-Locana
B) Mahabharata, Rigveda, Arthashastra
C) Upanishads, Geetanjali, Manusmriti
D) Vedas, Natya Shastra, Charaka Samhita

Answer and Explanation

Answer: A) Ramcharitmanas, Panchatantra, Sahṛdayāloka-Locana

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  • Explanation: The Ramcharitmanas, Panchatantra, and Sahṛdayāloka-Locana were inscribed on UNESCO’s Memory of the World Asia-Pacific Regional Register, celebrating India’s rich literary heritage.

 

Question 4:

Which bank contributed over 40% of the total earnings of public sector banks in FY24?

A) HDFC Bank
B) ICICI Bank
C) Punjab National Bank
D) State Bank of India

Answer and Explanation

Answer: D) State Bank of India

  • Explanation: In FY24, the State Bank of India was a major contributor to the profits of public sector banks, accounting for over 40% of the total earnings.

 

Question 5:

How much did India’s wholesale inflation rise in April?

A) 1.26%
B) 2.05%
C) 0.75%
D) 3.10%

Answer and Explanation

Answer: A) 1.26%

  • Explanation: In April, India’s wholesale inflation reached a 13-month high of 1.26%, primarily driven by rising food and fuel prices.

 

Question 6:

Which company announced a €4 billion investment in AI and cloud infrastructure in France?

A) Apple
B) Microsoft
C) Google
D) Amazon

Answer and Explanation

Answer: B) Microsoft

  • Explanation: Microsoft Corp. has announced a significant investment of €4 billion to enhance its AI and cloud infrastructure in France.

 

Question 7:

What new technology integration did Hero MotoCorp announce?

A) Joining the ONDC network
B) Launching a new electric vehicle line
C) Introducing AI-based customer service
D) Partnering with Tesla for battery technology

Answer and Explanation

Answer: A) Joining the ONDC network

  • Explanation: Hero MotoCorp has become the first two-wheeler manufacturer in India to integrate with the Open Network for Digital Commerce (ONDC) to improve accessibility and convenience for its customers.

 

Question 8:

Who was honored with the Global Excellence Award 2024?

A) Chandrakant Satija
B) Mukesh Ambani
C) Sundar Pichai
D) Anand Mahindra

Answer and Explanation

Answer: A) Chandrakant Satija

  • Explanation: Chandrakant Satija, an educationist and founder of Chandra Admission Consultants, received the Global Excellence Award 2024 as the Most Trusted Admissions Consultant in the Vidarbha Region.

 

Question 9:

Which day is observed annually on May 15th?

A) World Health Day
B) International Day of Families
C) Earth Day
D) International Literacy Day

Answer and Explanation

Answer: B) International Day of Families

    • Explanation: The International Day of Families is observed every year on May 15th to recognize the importance of families in our society.

 

Question 10:

Which literary figure, renowned for their short stories, passed away at the age of 92?

A) J.K. Rowling
B) Stephen King
C) Margaret Atwood
D) Alice Munro

Answer and Explanation

Answer: D) Alice Munro

      • Explanation: Alice Munro, a Nobel Prize-winning author famous for her masterful short stories, passed away at the age of 92.

</ul]

 

Question 11:

What significant change did the RBI’s gold reserves undergo in FY24?

A) Decreased by 20 metric tonnes
B) Increased by 27.46 metric tonnes
C) Remained the same as the previous year
D) Increased by 50 metric tonnes

Answer and Explanation

Answer: B) Increased by 27.46 metric tonnes

        • Explanation: The RBI’s gold reserves increased by 27.46 metric tonnes during FY24, enhancing its total gold holdings to 822.10 metric tonnes.

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Question 12:

Which fund was granted approval by the RBI to raise its stake in RBL Bank to 9.98% by May 2025?

A) HDFC Mutual Fund
B) Quantum Mutual Fund
C) Quant Mutual Fund
D) SBI Mutual Fund

Answer and Explanation

Answer: C) Quant Mutual Fund

          • Explanation: The Reserve Bank of India granted Quant Mutual Fund approval to increase its stake in RBL Bank to 9.98% by May 2025.

</ul]

 

Question 13:

What is the role of millets emphasized in the Google Arts & Culture’s “Millets: Seeds of Change” exhibition?

A) As a luxury food item
B) As a staple of modern diets
C) As ancient staples and contemporary superfoods
D) As a rare culinary ingredient

Answer and Explanation

Answer: C) As ancient staples and contemporary superfoods

            • Explanation: The “Millets: Seeds of Change” exhibition by Google Arts & Culture showcases millets as ancient staples and contemporary superfoods, emphasizing their nutritional value and sustainability.

</ul]

 

Question 14:

What was the total trade between India and China in FY24?

A) $118.1 billion
B) $118.4 billion
C) $120 billion
D) $115 billion

Answer and Explanation

Answer: B) $118.4 billion

              • Explanation: The total trade between India and China in FY24 was $118.4 billion, marking it as the highest trading volume with India for that fiscal year.

</ul]

 

Question 15:

What global recognition did P Shyaamnikhil receive in 2024?

A) He was named the world’s top chess player
B) He achieved the title of India’s 85th Grandmaster
C) He won the World Chess Championship
D) He was inducted into the Chess Hall of Fame

Answer and Explanation

Answer: B) He achieved the title of India’s 85th Grandmaster

                • Explanation: In 2024, P Shyaamnikhil was recognized as India’s 85th Grandmaster, a significant achievement in his chess career.

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