Daily Current Affairs MCQs : 3 May 2024 - Bank Exams MCQ

The Uttarakhand government suspended the manufacturing licenses of 14 products from Patanjali Ayurved, founded by Baba Ramdev, citing misleading advertisements about their efficacy. This action was taken to ensure compliance with regulations regarding truthful advertising in the health sector.

International Labour Day, also known as May Day or Workers' Day, is celebrated on May 1st every year. This day commemorates the contributions of workers globally and advocates for their rights and better working conditions.

The Defence Research and Development Organisation (DRDO) achieved a significant milestone with the successful flight test of the Supersonic Missile-Assisted Release of Torpedo (SMART) system. This system enhances India's anti-submarine warfare capabilities by extending the range of lightweight torpedoes and incorporating advanced technologies for strategic advantage in naval operations.

Justice Dinesh Kumar assumed the role of Presiding Officer of the Securities Appellate Tribunal (SAT) on April 29, 2024. He was appointed by the government of India for a four-year term, bringing his extensive legal experience, including serving as the chief justice of the Karnataka High Court, to the tribunal.

The Indian players secured victory in both the Men’s and Women’s doubles titles at the 6th Asian Carrom Championship held in Male, Maldives. This achievement highlights their excellence and dominance in the sport, showcasing their skill and teamwork on an international stage.

Vice Admiral Krishna Swaminathan was appointed Vice Chief of Naval Staff on 01 May 2024. He has served in various key roles across operational, staff, and training segments and has commanded notable ships like INS Vikramaditya.

Maharashtra was officially formed as a separate state on May 1st, 1960, which is celebrated annually as Maharashtra Day or Maharashtra Diwas. This date marks the division of the former Bombay Presidency into Maharashtra and Gujarat following the States Reorganisation Act of 1956, which aimed to create states based on linguistic boundaries. It holds immense cultural significance for the Marathi people, symbolizing their unity, resilience, and heritage.

India has reduced the windfall tax on domestically produced crude oil from Rs 9,600 to Rs 8,400 per metric ton, effective May 1. This adjustment reflects a decrease in the tax burden on crude oil producers, aimed at fostering a conducive environment for the oil industry while ensuring reasonable taxation.

La Nina refers to the cooling of sea surface temperatures in the central Pacific Ocean, leading to a range of climatic impacts worldwide. This phenomenon is characterized by its opposite effect compared to El Nino, causing cooler and drier conditions in some regions while influencing weather patterns across the globe.

Startek, a global customer experience solutions provider, was honoured with 5 awards at the World HRD Congress in the Philippines. The awards were in categories such as Best Workplace Practices, Best Use of Social Media and Other Recruitment Methods, and Diversity and Human Resources.