Current Affairs Quiz 27th May 2024
Directions for the quiz:
1. This quiz, that is the Current Affairs Quiz 27th 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 27th 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 27th 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 27th May, 2024
Question 1:
Which company recently launched the first batch of operational spy satellites for a new American intelligence network?
A) Blue Origin
B) SpaceX
C) NASA
D) Boeing
Answer and Explanation
- Explanation: SpaceX launched the first batch of operational spy satellites as part of a new American intelligence network.
Question 2:
Who became India’s oldest woman to climb Mount Everest?
A) Sangeeta Bahl
B) Arunima Sinha
C) Jyoti Ratre
D) Bachendri Pal
Answer and Explanation
- Explanation: Jyoti Ratre, an entrepreneur and fitness enthusiast from Madhya Pradesh, became India’s oldest woman to climb Mount Everest.
Question 3:
Who was recently appointed as the Chief Financial Officer (CFO) of Air India?
A) Vinod Hejmadi
B) Campbell Wilson
C) Sanjay Sharma
D) Ratan Tata
Answer and Explanation
- Explanation: Sanjay Sharma was appointed as the Chief Financial Officer (CFO) of Air India, effective June 10, 2024.
Question 4:
Which company received ‘The Economic Times HR World Future Ready Organization Award 2024-25’?
A) NTPC
B) NHPC
C) BHEL
D) SAIL
Answer and Explanation
- Explanation: NHPC, India’s leading hydropower company, was honored with ‘The Economic Times HR World Future Ready Organization Award 2024-25’.
Question 5:
Which renowned spiritual leader received the first stamp marking the 200-year anniversary of Indian Origin Tamils in Sri Lanka?
A) Dalai Lama
B) Sadhguru
C) Sri Sri Ravi Shankar
D) Baba Ramdev
Answer and Explanation
- Explanation: Sri Sri Ravi Shankar received the inaugural stamp commemorating the 200-year anniversary of Indian Origin Tamils in Sri Lanka.
Question 6:
Which film by Payal Kapadia won the Grand Prix award at the 77th Cannes Film Festival?
A) The Disciple
B) Village Rockstars
C) All We Imagine as Light
D) Court
Answer and Explanation
- Explanation: Payal Kapadia’s film ‘All We Imagine as Light’ won the Grand Prix award at the 77th Cannes Film Festival.
Question 7:
Where did DP World recently launch its largest free trade warehouse zone?
A) Mumbai
B) Delhi
C) Chennai
D) Bangalore
Answer and Explanation
- Explanation: DP World launched its largest free trade warehouse zone in Chennai, India.
Question 8:
How much loan did Fusion Micro Finance secure from the US International Development Finance Corporation (DFC)?
A) $15 million
B) $20 million
C) $25 million
D) $30 million
Answer and Explanation
- Explanation: Fusion Micro Finance secured a $25 million loan from the US International Development Finance Corporation (DFC).
Question 9:
Which service is the Maldives planning to launch to enhance bilateral ties with India?
A) UPI
B) RuPay
C) BharatQR
D) Paytm
Answer and Explanation
- Explanation: The Maldives plans to launch India’s RuPay service to enhance bilateral ties.
Question 10:
How much penalty did RBI impose on Hero FinCorp for fair practices code violation?
A) Rs 2 lakh
B) Rs 3.1 lakh
C) Rs 5 lakh
D) Rs 7.5 lakh
Answer and Explanation
- Explanation: The Reserve Bank of India (RBI) imposed a Rs 3.1 lakh penalty on Hero FinCorp for violating certain provisions of the fair practices code.
Question 11:
Which item became India’s fourth largest export with a 42% growth in FY24?
A) Pharmaceuticals
B) Automobiles
C) Smartphones
D) Textiles
Answer and Explanation
- Explanation: Smartphones emerged as India’s fourth largest export item with a 42% growth, reaching $15.6 billion in FY24.
Question 12:
Which company launched AI-enhanced ‘Copilot+’ PCs?
A) Google
B) Apple
C) Microsoft
D) IBM
Answer and Explanation
- Explanation: Microsoft launched AI-enhanced ‘Copilot+’ PCs developed in collaboration with Acer and ASUSTeK Computer.
Question 13:
What did the National Payments Corporation of India (NPCI) release guidelines for?
A) UPI transactions
B) Merchant acquisition on BHIM Aadhaar Pay
C) Digital wallets
D) Credit card payments
Answer and Explanation
- Explanation: NPCI released guidelines for acquiring banks to validate merchant details for BHIM Aadhaar Pay.
Question 14:
Which small finance bank was removed from the Second Schedule to the RBI Act, 1934?
A) Ujjivan Small Finance Bank
B) Equitas Small Finance Bank
C) Fincare Small Finance Bank
D) AU Small Finance Bank
Answer and Explanation
- Explanation: Fincare Small Finance Bank was removed from the Second Schedule to the RBI Act, 1934 as it ceased banking operations.
Question 15:
Which state led in adding transmission lines in 2023-24 according to the Central Electricity Authority?
A) Maharashtra
B) Gujarat
C) Tamil Nadu
D) Uttar Pradesh
Answer and Explanation
- Explanation: Uttar Pradesh led in adding transmission lines by state transmission companies in 2023-24, according to the Central Electricity Authority.
