21st February 2024 Current Affairs Quiz

21st February 2024 Current Affairs Daily Quiz
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21st February 2024 Current Affairs Quiz: Welcome to the 21st February 2024 Current Affairs Quiz, your gateway to staying informed about the latest events and developments around the world. In this dynamic quiz, we will navigate through significant occurrences across diverse domains, including politics, sports, science, and more. Engage in this interactive quiz to test your knowledge, broaden your awareness, and stay abreast of the crucial happenings that shape our global landscape. Let’s dive into the questions and explore the key events that have unfolded on this day, fostering a deeper understanding of the world we live in. Good luck and enjoy the journey of staying updated with the 21st February 2024 Current Affairs Quiz.

21st February 2024 Current Affairs Quiz | Today GK Quiz

1. What is the primary focus of the ‘Himalayan Basket’ initiative launched by Uttarakhand Chief Minister Pushkar Singh Dhami?

A) Textile Manufacturing
B) Agriculture
C) Information Technology
D) Tourism

Answer: B) Agriculture

Explanation: The ‘Himalayan Basket’ initiative is designed to boost local employment by harnessing the agricultural resources of the Champawat district, with a focus on procuring milk, turmeric, and mint from local farmers.

2. How does the ‘Himalayan Basket’ project contribute to economic empowerment in the Himalayan region?

A) By importing agricultural products
B) By supporting global industries
C) By providing employment opportunities and exporting local products
D) By investing in urban development projects

Answer: C) By providing employment opportunities and exporting local products

Explanation: The initiative aims to produce and export high-demand products like ‘churpi’ and ghee, thereby supporting the local farming community, opening economic avenues, and contributing to the economic empowerment of the region.

3. What is the focus of Japan’s commitment to Ukraine’s reconstruction, as mentioned by Prime Minister Fumio Kishida?

A) Military assistance
B) Economic reconstruction and support
C) Providing lethal weaponry
D) Political intervention

Answer: B) Economic reconstruction and support

Explanation: Prime Minister Kishida emphasizes Japan’s commitment to Ukraine’s long-term reconstruction, focusing on economic development and support, rather than providing lethal weaponry.

4. What significant announcement was made during the conference regarding Japan’s support for Ukraine?

A) Establishment of a new Japanese government trade office in Tokyo
B) A new aid package for Ukraine amounting to 15.8 billion yen
C) Japan’s commitment to providing lethal weaponry
D) Easing travel restrictions for Ukrainian business visitors to Japan

Answer: B) A new aid package for Ukraine amounting to 15.8 billion yen

Explanation: The conference announced a new aid package from Japan to Ukraine, totaling 15.8 billion yen ($105 million), aimed at funding demining operations and crucial reconstruction projects in the energy and transportation sectors.

5. What is the name of the ChatGPT-style AI service set to be launched by Reliance Industries?

A) Jio Brain
B) Hanooman
C) Sarvam
D) Krutrim

Answer: B) Hanooman

Explanation: Reliance Industries, in collaboration with premier engineering institutions, is set to launch its pioneering ChatGPT-style service named ‘Hanooman.’

6. What distinguishes ‘Hanooman’ as highlighted in the article?

A) Its focus on open-sourced AI models
B) Its collaboration with international tech giants
C) Its proficiency in handling interactions across various professional fields and 11 local languages
D) Its exclusive application in the financial services sector

Answer: C) Its proficiency in handling interactions across various professional fields and 11 local languages

Explanation: ‘Hanooman’ is noted for its ability to operate across 11 local languages and handle complex interactions in fields like healthcare, governance, financial services, and education.

7. Which company leads in profitability for the first nine months of the current fiscal year?

A) State Bank of India (SBI)
B) Indian Oil Corporation (IOC)
C) HDFC Bank
D) Tata Consultancy Services (TCS)

Answer: C) HDFC Bank

Explanation: HDFC Bank emerges as the most profitable company in the first nine months of the current fiscal year, earning a net profit of Rs 44,300 crore.

8. What contributes to HDFC Bank’s financial strength and competitive edge, as mentioned in the article?

A) Strategic merger with Indian Oil Corporation
B) Effective management of wage and pension liabilities
C) Strategic merger with mortgage lender HDFC
D) High credit demand in the fourth quarter

Answer: C) Strategic merger with mortgage lender HDFC

Explanation: HDFC Bank’s strategic merger with mortgage lender HDFC, effective from July 1 last year, contributes to its financial strength and competitive edge, leading to its position as the most profitable company in the first nine months of the fiscal year.

9. Which fintech startup has partnered with five Indian banks to introduce a virtual, cardless, and hardware-less cash withdrawal service?

A) Paytm
B) Payment
C) PhonePe
D) MobiKwik

Answer: B) Payment

Explanation: Paymart, the fintech startup, has partnered with five Indian banks to launch an innovative virtual, cardless, and hardware-less cash withdrawal service.

10. What sets Paymart apart in terms of technology, positioning it as a versatile Cardless Switch?

A) Robust cybersecurity measures
B) Integration with traditional ATMs
C) Future-ready technology and direct connectivity to banks’ Core Banking Systems
D) Exclusive partnership with a single bank

Answer: C) Future-ready technology and direct connectivity to banks’ Core Banking Systems

Explanation: Paymart boasts future-ready technology and direct connectivity to banks’ Core Banking Systems, distinguishing itself as a versatile Cardless Switch in the fintech landscape.

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