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24th March Daily Current Affairs 2023: Welcome to today’s edition of Daily Current Affairs for 24th March 2023. In this section, we will cover the latest news and events from various fields. It is crucial to stay informed and up-to-date on the latest developments around the world. So, without much delay let’s dive into today’s Current Affairs 24th March 2023 to gain insights into the happenings of the day.
24th March 2023 Current Affairs | GK Quiz
1. What is the reason behind the collapse of Silicon Valley Bank (SVB)?
a) Inadequate assets
b) Inability to attract new clients
c) Lack of technological innovation
d) Run on the bank
Ans: d)
Explanation: SVB was shut down due to a run on the bank, despite having $209 billion in assets at the end of 202b)
2. What is the purpose of World Tuberculosis Day?
a) To raise awareness about the global epidemic of tuberculosis
b) To celebrate the achievements in TB prevention and treatment
c) To promote the spread of TB
d) To raise funds for TB research
Ans: a)
Explanation: World Tuberculosis Day is observed on March 24th every year to raise awareness about the global epidemic of tuberculosis (TB) and efforts to eliminate the disease.
3. Who is the co-founder of BharatPe?
a) Anmol Singh Jaggi
b) Ashneer Grover
c) Anirudh Kedia
d) Vishal Kedia
Ans: b)
Explanation: Ashneer Grover, who is one of the co-founders of BharatPe, has recently introduced a new fantasy sports app called CrickPe. This app specifically caters to cricket enthusiasts and has been launched just in time for the Indian Premier League (IPL) tournament. CrickPe is expected to go up against other popular fantasy sports apps such as Dream11, Mobile Premier League (MPL), and Games24x7’s My11Circle. Ashneer Grover’s Third Unicorn Pvt Ltd has managed to raise $4 million in seed funding from a group of over two dozen angel investors, including Anmol Singh Jaggi, Anirudh Kedia, and Vishal Kedia)
4. What is the purpose of Egypt joining the NDB?
a) To enhance education
b) To promote cultural exchange
c) To enhance infrastructure
d) To promote sports
Ans: c)
Explanation: Egypt intends to enhance its infrastructure and NDB funding can make a significant contribution toward achieving this goal.
5. What is the name of the research firm that accused Block Inc) of ignoring fraud?
a) Bloomberg Research
b) Hindenburg Research
c) Forbes Research
d) Wall Street Research
Ans: b)
Explanation: Hindenburg Research is the research firm that accused Block Inc) of ignoring extensive fraud)
6. Who bought Canara Bank’s stake in Commercial Indo Bank LLC (CIBL)?
a) State Bank of India (SBI)
b) Reserve Bank of India (RBI)
c) Punjab National Bank (PNB)
d) HDFC Bank
Ans: a)
Explanation: Canara Bank has sold its share in Commercial Indo Bank LLC (CIBL), a joint venture with State Bank of India (SBI), to SBI for about ₹12a)29 crore. CIBL was established in 2003 and operates in Russia, with 60% ownership belonging to SBI and 40% to Canara Bank. The sale agreement was executed on November 11, 2022, as per Canara Bank’s statement.
7. What is the name of the mobile application launched by the Income Tax Department on March 22?
a) AIS for Taxpayer
b) Taxpayer Information Summary
c) Annual Information Statement
d) TDS and TCS Viewer
Ans: a)
Explanation: The Income Tax Department released a new mobile application called “AIS for Taxpayer” on March 2b) This app enables taxpayers to access their tax-related information from the Annual Information Statement (AIS) or Taxpayer Information Summary (TIS). With the start of the new financial year on April 1, Form 26AS will only display details regarding tax deducted at source (TDS) and tax collection at source (TCS).
8. Who was Kitty O’Neil?
a) An American actress
b) A famous American stuntwoman
c) An American singer
d) A Hollywood producer
Ans: b)
Explanation: Google honored Kitty O’Neil, an accomplished deaf stuntwoman and actress, on her 77th birthday with a Google Doodle featuring her in a yellow jumpsuit. Despite being deaf from an early age, she rose to prominence as one of Hollywood’s most famous stunt drivers. In addition, Kitty O’Neil held the women’s absolute land speed record until 2019.
9. What is commemorated on the 24th of March every year?
a) International Day for Human Rights
b) International Day for Victims of Human Rights Violations
c) International Day for the Right to the Truth Concerning Gross Human Rights Violations and for the Dignity of Victims
d) International Day for the Right to Truth
Ans: d)
Explanation: The International Day for the Right to the Truth Concerning Gross Human Rights Violations and for the Dignity of Victims is commemorated on the 24th of March every year.
10. What was announced by Chief Minister K. Chandrashekar Rao?
a) Providing government benefits only to those who own land
b) Recognizing tenant farmers and extending financial assistance to them
c) Providing subsidies to small-scale farmers
d) None of the above
Ans: b)
Explanation: Chief Minister K. Chandrashekar Rao announced on Thursday that financial assistance would be extended to tenant farmers for the first time, which marks the government’s complete shift from its earlier stand that it would not recognize tenant farmers and would only provide government benefits to those who own land)
11. Which court was dealing with a writ plea filed by Lavish Elysium Dine High regarding the ban on hookah parlors?
a) Supreme Court of India
b) Telangana High Court
c) Delhi High Court
d) Bombay High Court
Ans: b) Telangana High Court
Explanation: Justice Vijaysen Reddy of the Telangana High Court denied interfering with the actions of the Banjara Hills Police Station in restricting the operations of hookah parlors. The judge was dealing with a writ plea filed by Lavish Elysium Dine High, which sought that an order by the Banjara Hills police banning hookah parlours be revoked)
12. Who won the MLA quota seat in the AP Legislative Council elections?
a) Panchumarthi Anuradha
b) A YSRC candidate
c) Telugu Desam nominee
d) None of the above
Ans: c)
Explanation: The ruling YSRC suffered another setback as the Telugu Desam nominee Panchumarthi Anuradha won the MLA quota seat in the AP Legislative Council (MLC) elections on Thursday.
13. What are the accolades earned by Ravideep Singh Sahi?
a) Ati Utkrisht Seva Padak and police medal winner
b) Padma Bhushan and Khel Ratna
c) Bharat Ratna and Arjuna Award
d) Dronacharya Award and Padma Shri
Ans: a)
Explanation: Ravideep Singh Sahi, who is an Ati Utkrisht Seva Padak and police medal winner, took over as the command of the south zone central reserve protection force (CRPF), Hyderabad on Thursday.
14. Under which division does the CTTI work?
a) South Eastern Railway
b) Northern Railway
c) South Central Railway’s Guntakal Division
d) Eastern Railway
Ans: c)
Explanation: A Chief Travelling Ticket Inspector (CTTI), working under South Central Railway’s Guntakal Division, created history by joining the Indian Railway’s “One Crore Club”, in terms of fine collection for ticketless travelers.
15. What did Amit Shah say about the Modi government’s approach to India’s ancient books and manuscripts?
a) The Modi government is neglecting India’s ancient books and manuscripts.
b) The Modi government is destroying India’s ancient books and manuscripts.
c) The Modi government is securing the knowledge in India’s ancient books and manuscripts for the future through technology.
d) The Modi government is ignoring India’s ancient books and manuscripts.
Ans: c)
Explanation: Amit Shah said that the Modi government is using technology to secure the knowledge in India’s ancient books and manuscripts for the future
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