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MCQ Practice Test & Solutions: Daily Current Affairs MCQs : 12 April 2024 (10 Questions)

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Test Highlights:

  • - Format: Multiple Choice Questions (MCQ)
  • - Duration: 10 minutes
  • - Number of Questions: 10

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Daily Current Affairs MCQs : 12 April 2024 - Question 1

Which organization has joined forces with CSIR-IMMT to enhance India's mineral security through technical collaboration?

Detailed Solution: Question 1

KABIL and CSIR-IMMT have allied to strengthen India's mineral security, leveraging CSIR-IMMT's expertise in mineral processing and metal extraction for collaborative projects and technical advancements.

Daily Current Affairs MCQs : 12 April 2024 - Question 2

Which bank participated in the first Credit Default Swap (CDS) trade under the new RBI guidelines?

Detailed Solution: Question 2

State Bank of India (SBI) engaged in the first Credit Default Swap (CDS) trade under the new RBI norms, partnering with Standard Chartered Bank India for a ₹25 crore transaction. This signifies a significant development in credit risk management and financial instrument sophistication in India.

Daily Current Affairs MCQs : 12 April 2024 - Question 3

According to the Hurun Global Unicorn Index 2024, in terms of unicorn creation, which position does India hold globally?

Detailed Solution: Question 3

India ranked third globally in unicorn creation with 67 unicorns, trailing behind the United States with 703 unicorns and China with 340, as per the Hurun Global Unicorn Index. This position reflects India's status in the global startup ecosystem, despite a decline in unicorn creation for the first time since 2017.

Daily Current Affairs MCQs : 12 April 2024 - Question 4

Which bank became the first private bank to open a branch in Lakshadweep?

Detailed Solution: Question 4

HDFC Bank's initiative to open a branch in Lakshadweep, specifically at Kavaratti Island, marks a milestone as it becomes the first private sector bank to establish a presence in the Union Territory. This move underscores HDFC Bank's commitment to expanding its reach and offering banking services, including personalized digital solutions, to the residents and businesses of Lakshadweep.

Daily Current Affairs MCQs : 12 April 2024 - Question 5

With whom has ICICI Lombard partnered to expand its insurance distribution?

Detailed Solution: Question 5

ICICI Lombard has teamed up with Policybazaar to leverage its digital platform and reach 10 million customers with a range of insurance products, including motor, health, travel, home, and business insurance. This partnership aims to enhance insurance accessibility and distribution across India.

Daily Current Affairs MCQs : 12 April 2024 - Question 6

According to the WHO's 2024 Global Hepatitis Report, in which position does India rank globally for Hepatitis B and C cases?

Detailed Solution: Question 6

India ranks second globally in Hepatitis B and C cases, with 3.5 crore infections, as per the WHO's 2024 Global Hepatitis Report. This ranking highlights the significant health challenges posed by Hepatitis and the need for public health interventions.

Daily Current Affairs MCQs : 12 April 2024 - Question 7

What percentage has the Asian Development Bank (ADB) raised India's GDP growth forecast for the current fiscal year (FY25) to?

Detailed Solution: Question 7

The Asian Development Bank (ADB) has raised India's GDP growth forecast for FY25 to 7% from the previous estimate of 6.7%, citing robust investment in public and private sectors and improving consumer demand as key drivers of growth.

Daily Current Affairs MCQs : 12 April 2024 - Question 8

Which organization is set to launch a new edition of the Girl Child Empowerment Mission (GEM)?

Detailed Solution: Question 8

NTPC Limited, India's largest power company, is unveiling a new version of its Girl Child Empowerment Mission (GEM), aligning with the Beti Bachao, Beti Padhao campaign to promote gender equality and provide opportunities for young girls' development.

Daily Current Affairs MCQs : 12 April 2024 - Question 9

In response to the recent terrorist attack in Moscow, which country did India convene with to enhance counter-terrorism cooperation?

Detailed Solution: Question 9

Following the Moscow attacks, India collaborated with Kazakhstan to strengthen their efforts against terrorism, focusing on regional threats and strategies to combat cross-border terrorist activities.

Daily Current Affairs MCQs : 12 April 2024 - Question 10

Where was the Homoeopathy Symposium organized by the Central Council for Research in Homoeopathy inaugurated?

Detailed Solution: Question 10

The President of India, Smt Droupadi Murmu, inaugurated the two-day Homoeopathy Symposium in New Delhi on World Homoeopathy Day. She emphasized the global adoption of Homoeopathy and the significance of research and proficiency in advancing this medical system's acceptance.

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