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Bank Exams Exam  >  Bank Exams Tests  >  Daily GK & Current Affairs Tests  >  Daily Current Affairs MCQ: 17th August 2024 - Bank Exams MCQ

Daily Current Affairs MCQ: 17th August 2024 - Bank Exams MCQ


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10 Questions MCQ Test Daily GK & Current Affairs Tests - Daily Current Affairs MCQ: 17th August 2024

Daily Current Affairs MCQ: 17th August 2024 for Bank Exams 2024 is part of Daily GK & Current Affairs Tests preparation. The Daily Current Affairs MCQ: 17th August 2024 questions and answers have been prepared according to the Bank Exams exam syllabus.The Daily Current Affairs MCQ: 17th August 2024 MCQs are made for Bank Exams 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Daily Current Affairs MCQ: 17th August 2024 below.
Solutions of Daily Current Affairs MCQ: 17th August 2024 questions in English are available as part of our Daily GK & Current Affairs Tests for Bank Exams & Daily Current Affairs MCQ: 17th August 2024 solutions in Hindi for Daily GK & Current Affairs Tests course. Download more important topics, notes, lectures and mock test series for Bank Exams Exam by signing up for free. Attempt Daily Current Affairs MCQ: 17th August 2024 | 10 questions in 12 minutes | Mock test for Bank Exams preparation | Free important questions MCQ to study Daily GK & Current Affairs Tests for Bank Exams Exam | Download free PDF with solutions
Daily Current Affairs MCQ: 17th August 2024 - Question 1
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What was the primary purpose of the Foreign Exchange Regulation Act (FERA), which FEMA replaced?

Detailed Solution for Daily Current Affairs MCQ: 17th August 2024 - Question 1
The Foreign Exchange Regulation Act (FERA) was implemented to conserve and regulate the use of foreign exchange in India, during a period marked by a scarcity of foreign reserves. It provided the government with extensive powers to control foreign exchange transactions to protect the nation's economic interests.
Daily Current Affairs MCQ: 17th August 2024 - Question 2
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The National Green Tribunal (NGT) is primarily responsible for:

Detailed Solution for Daily Current Affairs MCQ: 17th August 2024 - Question 2
The National Green Tribunal (NGT) is a specialized judicial body established to handle civil cases related to environmental protection and conservation. It operates independently and is tasked with ensuring that the environment is preserved and protected while resolving cases efficiently and effectively.
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Daily Current Affairs MCQ: 17th August 2024 - Question 3
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Which of the following is a key objective of the Foreign Exchange Management Act (FEMA) in India?

Detailed Solution for Daily Current Affairs MCQ: 17th August 2024 - Question 3
The Foreign Exchange Management Act (FEMA) was established to facilitate external trade and payments and to promote the orderly development and maintenance of the foreign exchange market in India. Unlike its predecessor, FERA, which focused on conserving foreign exchange, FEMA is more aligned with supporting the liberalized economic environment in post-1991 India, allowing for smoother cross-border transactions.
Daily Current Affairs MCQ: 17th August 2024 - Question 4
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The Panama Canal is significant in global trade primarily because:
Detailed Solution for Daily Current Affairs MCQ: 17th August 2024 - Question 4
The Panama Canal is crucial for global maritime trade as it connects the Atlantic and Pacific Oceans, allowing ships to avoid the lengthy and hazardous route around Cape Horn at the southern tip of South America. This significantly shortens transit times and distances, making it a vital route for international shipping.
Daily Current Affairs MCQ: 17th August 2024 - Question 5
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Which of the following challenges does the Panama Canal face due to climate change?
Detailed Solution for Daily Current Affairs MCQ: 17th August 2024 - Question 5
One of the major challenges posed by climate change to the Panama Canal is the reduced availability of freshwater from Lake Gatun, an essential component for the canal's lock operations. Droughts, particularly those driven by phenomena like El Niño, have significantly lowered water levels, threatening the canal's functionality and the global trade it supports.
Daily Current Affairs MCQ: 17th August 2024 - Question 6
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Which of the following animals is NOT typically found in Namdapha National Park and Tiger Reserve?
Detailed Solution for Daily Current Affairs MCQ: 17th August 2024 - Question 6
Namdapha National Park and Tiger Reserve is home to a diverse range of wildlife, including Snow Leopards, Clouded Leopards, and Hoolock Gibbons. However, the African Elephant is not native to this region or to India in general. The park's rich biodiversity is due to its location at the confluence of multiple biogeographic regions.
Daily Current Affairs MCQ: 17th August 2024 - Question 7
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The National Pest Surveillance System (NPSS) uses which of the following technologies to help farmers manage pests?
Detailed Solution for Daily Current Affairs MCQ: 17th August 2024 - Question 7
The National Pest Surveillance System (NPSS) employs Artificial Intelligence (AI) and Machine Learning (ML) technologies to provide farmers with timely and accurate advice on pest management. This modern approach is designed to reduce dependency on pesticides and promote more scientific methods of controlling pests.
Daily Current Affairs MCQ: 17th August 2024 - Question 8
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The Krishi-Decision Support System (DSS) platform introduced by the Indian government primarily aims to:
Detailed Solution for Daily Current Affairs MCQ: 17th August 2024 - Question 8
The Krishi-DSS platform represents a significant advancement in agricultural practices, moving away from traditional methods like random sampling and visual assessments. The platform offers more precise and reliable data on crop yield estimation, helping farmers make better-informed decisions and ultimately enhancing productivity.
Daily Current Affairs MCQ: 17th August 2024 - Question 9
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Which feature of the Small Satellite Launch Vehicle (SSLV) makes it particularly suited for commercial and on-demand launches?
Detailed Solution for Daily Current Affairs MCQ: 17th August 2024 - Question 9
The SSLV is designed to be a cost-effective solution for launching small satellites, with a shorter flight time, making it ideal for commercial and on-demand launches. Its configuration with solid propulsion stages and a final liquid propulsion-based Velocity Trimming Module (VTM) enhances its flexibility and efficiency.
Daily Current Affairs MCQ: 17th August 2024 - Question 10
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The solar cycle of the Sun is characterized by:
Detailed Solution for Daily Current Affairs MCQ: 17th August 2024 - Question 10
The solar cycle is an approximately 11-year cycle during which the Sun’s magnetic field reverses its polarity. This cycle impacts solar surface activity, including sunspots and solar flares. The peak of the solar cycle, known as solar maximum, is characterized by the highest number of sunspots.
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