Current Affairs Quiz 3rd May 2024
Directions for the quiz:
1. This quiz, that is the Current Affairs Quiz 3rd 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 3rd 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 3rd 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 3rd May, 2024
Question 1:
Who was elected as the new Prime Minister of the Solomon Islands, signifying the country’s close ties with China?
A) Jeremiah Manele
B) Manasseh Sogavare
C) Rick Houenipwela
D) Danny Philip
Answer and Explanation
- Explanation: Jeremiah Manele, the former Foreign Minister, has been elected as the new Prime Minister of the Solomon Islands, indicating the country’s continued close relationship with China.
Question 2:
Which Indian bank recently secured $400 million for financing solar projects in Rajasthan and Gujarat?
A) ICICI Bank
B) SBI
C) HDFC Bank
D) Adani Green Energy
Answer and Explanation
- Explanation: Adani Green Energy Ltd secured $400 million from a consortium of international banks for its 750 MW solar projects in Rajasthan and Gujarat.
Question 3:
Who was appointed as Director in the Department of Promotion of Industry and Internal Trade (DPIIT)?
A) Pratima Singh
B) Anil Kumar Gupta
C) Seema Verma
D) Rajeev Kapoor
Answer and Explanation
- Explanation: The Department of Personnel & Training announced Pratima Singh, an Indian Revenue Service officer, as Director in the DPIIT.
Question 4:
Which Indian bank joined the country’s top five companies by market capitalization, surpassing Rs 8 trillion?
A) SBI
B) HDFC Bank
C) ICICI Bank
D) Axis Bank
Answer and Explanation
- Explanation: ICICI Bank became one of India’s top five companies by market capitalization, exceeding Rs 8 trillion after a surge in share prices.
Question 5:
Which notable dairy company is the lead arm sponsor for the USA and South Africa cricket teams in the T20 World Cup?
A) Amul
B) Mother Dairy
C) Nestle
D) Britannia
Answer and Explanation
- Explanation: Indian dairy giant Amul is the lead arm sponsor for the USA and South Africa cricket teams during the T20 World Cup.
Question 6:
Which country will host the BWF World Junior Badminton Championships in 2025?
A) China
B) Indonesia
C) Malaysia
D) India
Answer and Explanation
- Explanation: The Badminton World Federation announced that India will host the prestigious 2025 BWF World Junior Championships in Guwahati.
Question 7:
What interest rate was recently announced for the Floating Rate Savings Bond (FRSB) 2034 in India?
A) 6.5%
B) 7.0%
C) 7.5%
D) 8.0%
Answer and Explanation
- Explanation: The Indian government announced an 8% interest rate for the Floating Rate Savings Bond (FRSB) 2034, which offers a variable interest rate resetting every six months.
Question 8:
Which organization partnered with the Bank of Namibia to introduce a real-time payment system similar to India’s Unified Payment Interface (UPI)?
A) RBI
B) NPCI
C) SBI
D) ICICI Bank
Answer and Explanation
- Explanation: NPCI International Payments Limited collaborated with the Bank of Namibia to introduce a real-time payment system akin to India’s UPI.
Question 9:
Which Indian company plans to unveil its first domestically manufactured semiconductor chips in 2025?
A) TCS
B) Infosys
C) Wipro
D) Micron India
Answer and Explanation
- Explanation: Micron India’s Sanand unit plans to release its first domestically manufactured semiconductor chips in 2025, focusing on global exports.
Question 10:
Who launched the venture capital fund Eternal Capital with a corpus of Rs 240 crore?
A) Dhruv Dhanraj Bahl
B) Bhavish Aggarwal
C) Kunal Bahl
D) Vijay Shekhar Sharma
Answer and Explanation
- Explanation: Former BharatPe COO Dhruv Dhanraj Bahl launched Eternal Capital with an initial corpus of Rs 240 crore.
Question 11:
Who is the new lead arm sponsor for the USA and South Africa cricket teams during the T20 World Cup?
A) Nestle
B) Britannia
C) Mother Dairy
D) Amul
Answer and Explanation
- Explanation: Amul, the renowned Indian dairy giant, is the lead arm sponsor for the USA and South Africa cricket teams during the T20 World Cup.
Question 12:
Which cricketer was recently banned for five years by the International Cricket Council for anti-corruption breaches?
A) Chris Gayle
B) Andre Russell
C) Kieron Pollard
D) Devon Thomas
Answer and Explanation
- Explanation: West Indies cricketer Devon Thomas was banned for five years by the ICC for anti-corruption breaches.
Question 13:
Who is the renowned politician and former Union Minister who passed away at the age of 76 in Bengaluru, Karnataka?
A) L. K. Advani
B) V. Srinivas Prasad
C) Venkaiah Naidu
D) Arun Jaitley
Answer and Explanation
- Explanation: V. Srinivas Prasad, a veteran politician and former Union Minister, died at the age of 76 in Bengaluru, Karnataka.
Question 14:
Which country will host the prestigious 2025 BWF World Junior Championships?
A) India
B) China
C) Indonesia
D) Malaysia
Answer and Explanation
- Explanation: The Badminton World Federation announced that India will host the prestigious 2025 BWF World Junior Championships in Guwahati.
Question 15:
What is the theme for World Press Freedom Day 2024?
A) “Journalism in a Changing World”
B) “Freedom of Speech and Press”
C) “A Press for the Planet: Journalism in the Face of the Environmental Crisis”
D) “Journalism for Democracy”
Answer and Explanation
- Explanation: The theme for World Press Freedom Day 2024 is “A Press for the Planet: Journalism in the Face of the Environmental Crisis,” emphasizing journalism’s role in addressing environmental issues.