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20th March 2024 Current Affairs Quiz: Welcome to the 20th March 2024 Current Affairs Quiz, where we delve into the latest happenings and events shaping the world around us. In this quiz, we’ll navigate through a myriad of topics ranging from politics and economy to science and culture, offering participants a chance to test their knowledge and stay updated with the most relevant news of the day. Join us as we explore the key events that have unfolded, providing insights into the dynamic landscape of current affairs on this significant day. Whether you’re a seasoned news enthusiast or just looking to stay informed, this quiz is designed to challenge and engage, offering an opportunity to reflect on the ever-evolving tapestry of global affairs.
20th March 2024 Current Affairs Quiz | Today GK Quiz
1. Who has been appointed as the new Managing Director and Chief Executive Officer of Poonawalla Fincorp?
A) Abhay Bhutada
B) Adar Poonawalla
C) Arvind Kapil
D) Sumit Arora
Answer: C) Arvind Kapil
Explanation: Arvind Kapil has been appointed as the new Managing Director and Chief Executive Officer of Poonawalla Fincorp, replacing the current MD and CEO, Abhay Bhutada.
2. What is the term period for Arvind Kapil’s appointment as MD & CEO of Poonawalla Fincorp?
A) Three years
B) Five years
C) Seven years
D) Ten years
Answer: B) Five years
Explanation: Arvind Kapil’s appointment as an Additional Director in the capacity of MD & CEO is effective for five years from June 24, 2024, based on the recommendation of the Nomination and Remuneration Committee and subject to shareholder approval.
3. What is the primary purpose of the SAKHI app developed by Vikram Sarabhai Space Centre (VSSC) for the Gaganyaan space flight mission?
A) Entertainment for astronauts during the mission
B) Providing technical assistance, health monitoring, mission management, and communication support
C) Tracking the movement of celestial bodies during the mission
D) Generating reports on environmental conditions in space
Answer: B) Providing technical assistance, health monitoring, mission management, and communication support
Explanation: The SAKHI app developed by VSSC aids astronauts during the Gaganyaan space flight mission by providing technical assistance, health monitoring, mission management, and seamless communication support.
4. How many astronauts are planned to be launched into Low Earth Orbit for the Gaganyaan mission, according to the provided information?
A) Two
B) Three
C) Four
D) Five
Answer: B) Three
Explanation: The Gaganyaan mission aims to launch a crew of three members into Low Earth Orbit for a three-day mission, with a safe return to Earth by landing in Indian sea waters.
5. What amount of Foreign Direct Investment (FDI) has the insurance sector in India attracted in the last 9 years, as per Financial Services Secretary Vivek Joshi?
A) Rs 53,900 crore
B) Rs 50,000 crore
C) Rs 40,000 crore
D) Rs 60,000 crore
Answer: A) Rs 53,900 crore
Explanation: According to Financial Services Secretary Vivek Joshi, the insurance sector in India has attracted a massive Rs 53,900 crore as Foreign Direct Investment (FDI) in the last 9 years.
6. What is the current percentage of Foreign Direct Investment (FDI) allowed in the insurance sector in India, as per the information provided?
A) 26%
B) 49%
C) 74%
D) 100%
Answer: C) 74%
Explanation: Initially, foreign companies were allowed 26% ownership in the insurance sector in India. However, this FDI limit was increased to 74% in 2021, as per the provided information.
7. Who has become the first Black leader of a European country, as per the provided information?
A) Rishi Sunak
B) Humza Yousaf
C) Vaughan Gething
D) Nicola Sturgeon
Answer: C) Vaughan Gething
Explanation: Vaughan Gething, currently serving as the Economic Minister of Wales, has been elected as the new leader of the Welsh Labour Party, making him the first Black person to lead a European country.
8. What are Vaughan Gething’s priorities as the new First Minister of Wales?
A) Addressing climate change issues
B) Focusing on infrastructure development
C) Addressing the cost-of-living crisis, challenges facing farmers, and issues with healthcare and education systems
D) Promoting tourism and cultural heritage
Answer: C) Addressing the cost-of-living crisis, challenges facing farmers, and issues with healthcare and education systems
Explanation: Vaughan Gething, as the new First Minister of Wales, plans to address the cost-of-living crisis, challenges facing farmers, and issues with the healthcare and education systems in Wales.
9. With which organization has YES Bank partnered for the Paris Olympics 2024, as per the provided information?
A) International Olympic Committee (IOC)
B) Indian Olympic Association (IOA)
C) United Nations Educational, Scientific and Cultural Organization (UNESCO)
D) World Health Organization (WHO)
Answer: B) Indian Olympic Association (IOA)
Explanation: YES Bank has forged a strategic partnership with the Indian Olympic Association (IOA) to become the Official Banking Partner for Team India at the Paris Olympics 2024.
10. What is the name of the campaign launched by YES Bank and the Indian Olympic Association to support Team India for the Paris Olympics 2024?
A) Determined Victory
B) United for Success
C) Milkar Jitayengey
D) Olympic Glory
Answer: C) Milkar Jitayengey
Explanation: YES Bank introduces the ‘Milkar Jitayengey’ campaign to signify unity and determination in achieving victory, in collaboration with the Indian Olympic Association for the Paris Olympics 2024.
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