Current Affairs Questions and Answers 21st April 2024

21st April Current Affairs 2024 Quiz

Q1. Who succeeded J.K. Shivan as the Managing Director & CEO of Dhanlaxmi Bank?

(a) Sunil Gurbaxani

(b) Ajith Kumar KK

(d) Federal Bank

(e) None of the above

Q2. Which ministry’s secretary serves as the convenor of the committee on LGBTQ+ community welfare?

(a) Ministry of Home Affairs

(b) Ministry of Law and Justice

(d) Ministry of Social Justice and Empowerment

(e) Ministry of Health and Family Welfare

Q3. What is the name of India’s planned space station set to be established by 2035?

(a) Bharatiya Antriksh Station

(b) Indian Space Outpost

(d) Lunar Gateway India

(e) Cosmic Habitat Station

Q4. Which international law is emphasized by both India and the Philippines in the context of disputes in the South China Sea?

(a) Geneva Convention

(b) UN Charter

(d) Hague Convention

(e) Vienna Convention

Q5. Which country’s banks dominated the list of top 10 banks in the Asia-Pacific region, according to the S&P Global report?

(a) India

(b) China

(d) South Korea

(e) Singapore

Q6. Which Indian bank made its debut on the list of top 50 Asia-Pacific banks in 2023, securing the 48th position?

(a) HDFC Bank

(b) ICICI Bank

(d) Kotak Mahindra Bank

(e) State Bank of India

Q7. Apart from CRED, which other companies have recently received the payment aggregator license?

(a) Amazon

(b) Netflix

(d) Uber

(e) Razorpay

Q8 . What is the tagline of Bandhan Life’s new identity?

(a) Unity in Insurance

(b) Bonds of Security

(d) Connecting Lives

(e) Empowering India

Q9. Who developed the creative concept for the ‘Link it, Forget it’ campaign?

(a) National Payments Corporation of India (NPCI)

(b) Reserve Bank of India (RBI)

(d) DDB Mudra Group

(e) Ogilvy & Mather

Q10. What initiative do the NCMC-enabled cards launched by Airtel Payments Bank align with?

(a) One Nation, One Tax

(b) Digital India

(d) Make in India

(e) Swachh Bharat Abhiyan

Solutions

S1. Ans. (b)

Sol. Ajith Kumar KK took over the role of Managing Director & CEO following J.K. Shivan’s tenure at Dhanlaxmi Bank.

S2. Ans.(d)

Sol. Saurabh Garg, the Social Justice and Empowerment Secretary, serves as the convenor of the committee on LGBTQ+ community welfare.

S3. Ans.(a)

Sol. India’s planned space station, set to be established by 2035, is named ‘Bharatiya Antriksh Station,’ as mentioned by Chairman S. Somanath. This station will contribute to India’s presence in space exploration.

S4. Ans.(c)

Sol. Both India and the Philippines emphasize adherence to international law, particularly the United Nations Convention on the Law of the Sea (UNCLOS), in the peaceful resolution of disputes in the South China Sea.

S5. Ans.(b)

Sol. The report highlights that Chinese banks dominated the list, with six out of the top 10 banks in the Asia-Pacific region being Chinese. This indicates the significant influence and size of the Chinese banking sector in the region.

S6. Ans.(b)

Sol . ICICI Bank, the second-largest private sector bank in India, made its first appearance on the list in 2023, securing the 48th position. This reflects the bank’s impressive growth in assets and its increasing prominence in the Asia-Pacific banking sector.

S7. Ans.(e)

Sol. Some companies that recently received the payment aggregator license include Razorpay, among others. This highlights Razorpay’s presence in the fintech industry and its commitment to enhancing digital payment solutions.

S8. Ans.(c)

Sol. The tagline of Bandhan Life’s new identity is ‘Bharat Ki Udaan, Bandhan Se’, reflecting its commitment to nurturing and empowering the aspirations of India.

S9. Ans.(d)

Sol. The creative concept for the ‘Link it, Forget it’ campaign was developed by DDB Mudra Group. This agency was responsible for creating engaging and relatable scenarios to illustrate the benefits of RuPay credit cards linked to UPI.

S10. Ans.(c)

Sol. Airtel Payments Bank’s NCMC-enabled cards are in line with India’s One Nation, One Card vision.