Current Affairs Questions and Answers 23rd April 2024

23rd April Current Affairs 2024 Quiz

Q1. What is the key impact of the Lakshmana Tirtha River drying up on farmers in South Kodagu?

(a) Decreased soil erosion

(b) Enhanced crop yields

(d) Struggles in irrigating crops

(e) Expansion of agricultural land

Q2. Which district in Telangana is home to the unique Iron Age megalithic site at Ooragutta?

(a) Mulugu district

(b) Bhadradri Kothagudem district

(d) Nalgonda district

(e) Warangal district

Q3. How has premium payment been made more convenient for policyholders?

(a) Premium rates have been reduced for all policyholders

(b) Premium payment is now mandatory at the time of policy purchase

(d) Premium payment is now required quarterly

(e) Premium payment must be made in a lump sum annually

Q4. After the merger, what position does HDFC Bank hold globally in terms of market capitalization?

(a) First

(b) Second

(d) Fourth

(e) Fifth

Q5. Which Korean leader is currently in power in North Korea?

(a) Kim Jong Il

(b) Kim Il-Sung

(d) Kim Jong Nam

(e) Kim Jong Chul

Q6. What was the percentage increase in net direct tax collections for FY 2023-24 compared to the preceding fiscal year?

(a) 7.40%

(b) 17.70%

(d) 13.06%

(e) 25.23%

Q7. What is the ultimate drainage destination of the Cauvery River?

(a) Arabian Sea

(b) Bay of Bengal

(d) Laccadive Sea

(e) Andaman Sea

Q8 . Which Indian bank made its debut on the list of top 50 banks in the Asia-Pacific region in 2023?

(a) State Bank of India (SBI)

(b) HDFC Bank

(d) Axis Bank

(e) Punjab National Bank

Q9. How long does the Reserve Bank of India typically take to grant the payment aggregator license?

(a) 3 months

(b) 6 months

(d) 12 months

(e) 18 months

Q10. Which country is North Korea’s main economic partner and source of economic lifeline?

(a) China

(b) Russia

(d) South Korea

(e) Japan

Solutions

S1. Ans. (d)

Sol. As mentioned in the passage, farmers in South Kodagu are facing difficulties in irrigating their crops due to the drying up of the Lakshmana Tirtha River. Options a, b, c, and e do not align with the impacts described in the provided context.

S2. Ans.(a)

Sol. The Iron Age megalithic site at Ooragutta is located near Bandala village in SS Tadvai mandal of Mulugu district, Telangana. It was discovered by a team of archaeologists, showcasing new types of monuments not found elsewhere in India.

S3. Ans.(c)

Sol. Policyholders can now pay premiums in installments for convenience, enhancing affordability and accessibility.

S4. Ans.(d)

Sol. Following the merger of HDFC Limited and HDFC Bank, HDFC Bank ranks fourth globally in terms of market capitalization. This consolidation positions HDFC Bank as a formidable entity on the global financial stage.

S5. Ans.(c)

Sol. Kim Jong Un is the current Supreme Leader of North Korea, succeeding his father, Kim Jong Il, in 2011. As the third generation of the ruling Kim dynasty, Kim Jong Un maintains a tight grip on power in North Korea and continues to pursue military advancements despite international pressure and sanctions.

S6. Ans.(a)

Sol . The provisional figures show that net direct tax collections for FY 2023-24 increased by 7.40% compared to the previous fiscal year.

S7. Ans.(b)

Sol. According to the passage, the Cauvery River ultimately drains into the Bay of Bengal. Options a, c, d, and e present other bodies of water but are not mentioned as the drainage destination of the Cauvery River.

S8. Ans.(c)

Sol. The report highlights that ICICI Bank, the second-largest private sector bank in India, entered the list for the first.

S9. Ans.(b)

Sol. The article mentions that the Reserve Bank of India typically takes six months to grant the payment aggregator license to eligible entities.

S10. Ans.(a)

Sol. Despite facing heavy international sanctions, North Korea maintains close economic ties with China. China serves as North Korea’s main economic partner and a crucial source of economic support, providing essential lifelines for the North Korean regime amidst economic challenges.