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Current Affairs Quiz 17th May 2024

Directions for the quiz:

1. This quiz, that is the Current Affairs Quiz 17th 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 17th 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 17th 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 17th May, 2024

Question 1:

How much did the Reserve Bank of India’s investment in the IIFC UK subsidiary decrease by in FY 2023-24?

A) USD 200 million

B) USD 500 million

C) USD 932 million

D) USD 1 billion

Answer and Explanation

Answer: C) USD 932 million

  • Explanation: RBI’s investment in IIFC UK decreased to $932 million in FY 2023-24, a reduction by one-fifth from the previous year.

Question 2:

What is the main goal of the Homestay Entrepreneurship Training Programme introduced by EaseMyTrip?

A) To promote sustainable tourism
B) To enhance hospitality skills of homestay owners
C) To increase the profitability of homestays
D) To introduce luxury homestays

Answer and Explanation

Answer: B) To enhance hospitality skills of homestay owners

  • Explanation: The program aims to enhance hospitality skills and promote eco-friendly practices among homestay owners along the Chardham Yatra route.

Question 3:

What initiative has NTPC Talcher launched to support girls’ education?

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A) Girl Education Scheme
B) Girl Empowerment Mission 2024
C) Educate Girls 2025
D) Support for Education Program

Answer and Explanation

Answer: B) Girl Empowerment Mission 2024

  • Explanation: NTPC Talcher inaugurated the Girl Empowerment Mission 2024, a CSR initiative to support education and development of young girls.

Question 4:

Under the Citizenship (Amendment) Act, what is the reduced qualification period for citizenship application for non-Muslim migrants from specific countries?

A) 6 years
B) 11 years
C) 5 years
D) 10 years

Answer and Explanation

Answer: C) 5 years

  • Explanation: The CAA reduced the qualification period for citizenship applications from 11 to 5 years for non-Muslim migrants from Pakistan, Afghanistan, and Bangladesh.

Question 5:

Which company partnered with LankaPay to enable UPI transactions in Sri Lanka?

A) Paytm
B) Google Pay
C) PhonePe
D) Bhim UPI

Answer and Explanation

Answer: C) PhonePe

  • Explanation: PhonePe partnered with LankaPay to enable UPI transactions for its users in Sri Lanka.

Question 6:

What is the target year for LIC to achieve 10% public shareholding as per SEBI’s revised timeline?

A) 2025
B) 2026
C) 2027
D) 2028

Answer and Explanation

Answer: C) 2027

  • Explanation: SEBI has extended the deadline for LIC to meet minimum public holding requirements until May 2027.

Question 7:

Who is the new Prime Minister of Singapore as of 2024?

A) Lee Hsien Loong
B) Lawrence Wong
C) Ho Ching
D) Tharman Shanmugaratnam

Answer and Explanation

Answer: B) Lawrence Wong

  • Explanation: Lawrence Wong has been sworn in as the new Prime Minister of Singapore, succeeding Lee Hsien Loong.

Question 8:

Which two days are celebrated on May 17, according to the news?

A) World Environment Day and World Telecommunication Day
B) World Telecommunication and Information Society Day and World Hypertension Day
C) World Health Day and World Earth Day
D) World Water Day and World Sleep Day

Answer and Explanation

Answer: B) World Telecommunication and Information Society Day and World Hypertension Day

  • Explanation: May 17 is marked as both World Telecommunication and Information Society Day and World Hypertension Day.

Question 9:

Which Indian state is involved in the Homestay Entrepreneurship Training Programme with EaseMyTrip?

A) Himachal Pradesh
B) Uttarakhand
C) Kerala
D) Goa

Answer and Explanation

Answer: B) Uttarakhand

  • Explanation: The Homestay Entrepreneurship Training Programme is a collaboration involving the Uttarakhand Tourism Development Board.

Question 10:

What significant step did ReNew take towards its strategic energy transition projects?

A) Launched a new solar park
B) Signed an MoU with Societe Generale for financing
C) Acquired a rival company
D) Announced a new CEO

Answer and Explanation

Answer: B) Signed an MoU with Societe Generale for financing

  • Explanation: Re New signed an MoU with Societe Generale for up to $1 billion in financing for its strategic energy transition projects.

Question 11:

What was the primary reason for Internet shutdowns in India in 2023?

A) System upgrades
B) Communal tension and violence
C) Cyber attacks
D) Government censorship

Answer and Explanation

Answer: B) Communal tension and violence

  • Explanation: Internet shutdowns in India were primarily due to communal tension, violence, and other reasons.

Question 12:

Who assumed the role of president for South Asia at Corteva Agriscience?

A) Subroto Geed
B) Amit Shah
C) Naveen Patnaik
D) Mukesh Ambani

Answer and Explanation

Answer: A) Subroto Geed

  • Explanation: Subroto Geed was appointed as the President of South Asia for Corteva Agriscience.

Question 13:

Which organization did FICCI sign an MoU with to foster innovation in the semiconductor industry?

A) India Electronics and Semiconductor Association
B) Confederation of Indian Industry
C) Software Technology Parks of India
D) National Association of Software and Services Companies

Answer and Explanation

Answer: A) India Electronics and Semiconductor Association

  • Explanation: FICCI signed an MoU with the India Electronics and Semiconductor Association to promote innovation in the semiconductor industry.

Question 14:

Which cricket tournament will be streamed with Hindi audio description and Indian Sign Language in 2024?

A) IPL
B) ICC Men’s T20 World Cup
C) ICC Men’s ODI World Cup
D) Asia Cup

Answer and Explanation

Answer: B) ICC Men’s T20 World Cup

  • Explanation: The ICC Men’s T20 World Cup will be streamed with Hindi audio description and Indian Sign Language, a first for Indian sports streaming.

Question 15:

What major step did TVS Motor Company take in Italy?

A) Launched a new manufacturing plant
B) Opened a branch office
C) Entered into a partnership with an Italian auto company
D) Sponsored a major Italian racing event

Answer and Explanation

Answer: B) Opened a branch office

  • Explanation: TVS Motor Company opened its branch office, TVS Motor Italia, in Italy.

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