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Current Affairs Quiz 4th May 2024

Directions for the quiz:

1. This quiz, that is the Current Affairs Quiz 4th 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 4th 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 4th 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 4th May, 2024

 

Question 1:

Who did Paytm Money recently appoint as its new Chief Executive Officer?

A) Varun Sridhar

B) Rakesh Singh

C) Sushil Sharma

D) Piyush Goyal

Answer and Explanation

Answer: B) Rakesh Singh

  • Explanation: Rakesh Singh was appointed as the new Chief Executive Officer (CEO) of Paytm Money, succeeding Varun Sridhar.

 

Question 2:

Which institution collaborated with the Bank of Namibia to create an instant payment system similar to UPI?

A) RBI

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B) NPCI International Payments Limited

C) State Bank of India

D) HDFC Bank

Answer and Explanation

Answer: B) NPCI International Payments Limited

  • Explanation: NPCI International Payments Limited (NIPL) partnered with the Bank of Namibia to develop an instant payment system like UPI in Namibia.

 

Question 3:

What is the unique customer experience program launched by Bajaj Allianz General Insurance called?

A) Prive

B) Customer First

C) VIP Service

D) Superior Shield

Answer and Explanation

Answer: A) Prive

  • Explanation: Bajaj Allianz General Insurance has launched “Prive,” a program focused on providing exceptional customer service and coverage.

 

Question 4:

What interest rate has the RBI set for the Floating Rate Savings Bond 2034?

A) 7%

B) 6.5%

C) 8%

D) 7.5%

Answer and Explanation

Answer: C) 8%

  • Explanation: The RBI has set an 8% interest rate on the Floating Rate Savings Bond (FRSB) 2034, which is a variable rate bond reset every six months.

 

Question 5:

What award did The Hindu’s explainer page on Neeraj Chopra win in the 6th International Newspaper Design Competition?

A) Best of Show

B) Gold in Best of Sports Page

C) Award of Excellence in Best of Double Spread

D) All of the above

Answer and Explanation

Answer: D) All of the above

  • Explanation: The Hindu’s explainer page on Neeraj Chopra won three awards: “Best of Show,” “Gold” in the “Best of Sports Page” category, and “Award of Excellence” in the “Best of Double Spread” category.

 

Question 6:

Which of the following is the correct description for the floating rate bond set by the Government of India?

A) 5-year bond

B) 10-year bond

C) 15-year bond

D) 20-year bond

Answer and Explanation

Answer: D) 20-year bond

  • Explanation: The Floating Rate Savings Bond 2034, set by the Government of India, is a 20-year bond.

 

Question 7:

Who recently received the additional charge as Chairman & Managing Director of SJVN Limited?

A) Piyush Goyal

B) Varun Sridhar

C) Rakesh Singh

D) Sushil Sharma

Answer and Explanation

Answer: D) Sushil Sharma

  • Explanation: Sushil Sharma has been given the additional charge as Chairman & Managing Director (CMD) of SJVN Limited.

 

Question 8:

How did engineers restore a part of the Voyager 1 spacecraft?

A) By replacing its solar panels

B) By changing its battery

C) By restoring a 1970s-era computer

D) By repairing its antenna

Answer and Explanation

Answer: C) By restoring a 1970s-era computer

  • Explanation: NASA engineers restored part of the Voyager 1 spacecraft by partially restoring a 1970s-era computer.

 

Question 9:

How many participants joined the #PlayTrue Campaign organized by the National Anti-Doping Agency India?

A) 10,000

B) 12,000

C) 15,000

D) 8,000

Answer and Explanation

Answer: B) 12,133

  • Explanation: The #PlayTrue Campaign organized by NADA India attracted more than 12,133 participants.

 

Question 10:

Which health initiative aims to improve the health of tribal students through Ayurvedic interventions?

A) National Health Mission

B) Swasthya Bharat Yojana

C) Joint initiative by the Ministry of AYUSH and the Ministry of Tribal Affairs

D) Rashtriya Bal Swasthya Karyakram

Answer and Explanation

Answer: C) Joint initiative by the Ministry of AYUSH and the Ministry of Tribal Affairs

  • Explanation: A joint initiative by the Ministry of AYUSH and the Ministry of Tribal Affairs aims to improve the health of tribal students through Ayurvedic interventions.

 

Question 11:

Which program aims to support Namibian financial services by developing an instant payment system similar to UPI?

A) India Payment System

B) Namibia Payment System

C) Namibia-India Payment System

D) NPCI International Payments

Answer and Explanation

Answer: D) NPCI International Payments

  • Explanation: NPCI International Payments Limited (NIPL) is working with the Bank of Namibia to develop an instant payment system similar to UPI.

 

Question 12:

Which agency regulates Bajaj Finance’s ‘eCOM’ and ‘Insta EMI Card’ lending products?

A) SEBI

B) IRDAI

C) RBI

D) Ministry of Finance

Answer and Explanation

Answer: C) RBI

  • Explanation: The Reserve Bank of India (RBI) regulates Bajaj Finance’s ‘eCOM’ and ‘Insta EMI Card’ lending products.

 

Question 13:

Which company’s under-construction solar projects received USD 400 million from international banks?

A) Tata Power

B) NTPC

C) Adani Green Energy

D) Reliance Power

Answer and Explanation

Answer: C) Adani Green Energy

  • Explanation: Adani Green Energy received USD 400 million from international banks for its under-construction solar projects.

 

Question 14:

Which category did The Hindu win an award for in the 6th International Newspaper Design Competition?

A) Best of Sports Page

B) Best of Show

C) Best of Double Spread

D) All of the above

Answer and Explanation

Answer: D) All of the above

  • Explanation: The Hindu won awards in all the mentioned categories in the 6th International Newspaper Design Competition.

 

Question 15:

Who announced the extension of benefits under the Remissions of Duties and Taxes on Export Products (RoDTEP) scheme for shipments via e-commerce?

A) Minister of Finance

B) Minister of Commerce and Industry

C) Prime Minister

D) Minister of MSME

Answer and Explanation

Answer: B) Minister of Commerce and Industry

  • Explanation: The Commerce and Industry Minister, Piyush Goyal, announced the extension of benefits under the RoDTEP scheme for e-commerce shipments.
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