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3rd May 2024 Current Affairs Quiz: Welcome to the 3rd May 2024 edition of the Current Affairs Quiz, where we delve into the most significant events shaping our world today. As we embark on this insightful journey, we aim to test your knowledge and awareness of recent developments across various fields, including politics, economics, science, technology, and more. Stay tuned as we navigate through thought-provoking questions designed to challenge and inform, offering a comprehensive snapshot of the latest happenings around the globe.
3rd May 2024 Current Affairs Quiz | Today GK Quiz
1. In which year did V. Srinivas Prasad announce his retirement from electoral politics?
A) 2020
B) 2022
C) 2024
D) 2026
Answer: C) 2024
Explanation: V. Srinivas Prasad announced his retirement from electoral politics on March 18, 2024, after serving 50 years in public life.
2. From which Lok Sabha constituency was V. Srinivas Prasad elected six times?
A) Chamarajanagar
B) Mysuru
C) Bengaluru
D) Mangaluru
Answer: A) Chamarajanagar
Explanation: V. Srinivas Prasad was elected to the Lok Sabha from Chamarajanagar constituency an impressive six times in 1980, 1984, 1989, 1991, 1999, and 2019, showcasing his widespread support among the electorate.
3. When was the last time India hosted the BWF World Junior Championships before 2025?
A) 2005
B) 2008
C) 2010
D) 2015
Answer: B) 2008
Explanation: India last hosted the BWF World Junior Championships in 2008, when it was held in Pune. The upcoming 2025 edition in Guwahati marks India’s return as a host after a gap of 17 years.
4. Where is the Badminton World Federation (BWF) headquartered?
A) Beijing, China
B) Tokyo, Japan
C) Kuala Lumpur, Malaysia
D) London, United Kingdom
Answer: C) Kuala Lumpur, Malaysia
Explanation: The Badminton World Federation (BWF) is headquartered in Kuala Lumpur, Malaysia. Established in 1934, it is the international governing body for the sport of badminton, recognized by the International Olympic Committee (IOC).
5. Which bank recently joined India’s top five companies by market capitalization, surpassing the Rs 8 trillion mark?
A) HDFC Bank
B) ICICI Bank
C) State Bank of India
D) Axis Bank
Answer: B) ICICI Bank
Explanation: ICICI Bank recently achieved the milestone of joining India’s top five companies by market capitalization, surpassing the Rs 8 trillion mark. This accomplishment underscores its strong financial performance and investor confidence.
6. What is the market capitalization of HDFC Bank, the top bank in India by market capitalization?
A) Rs 7.4 trillion
B) Rs 8 trillion
C) Rs 11.6 trillion
D) Rs 14 trillion
Answer: C) Rs 11.6 trillion
Explanation: HDFC Bank holds the top position among banks in India by market capitalization, with a market capitalization of Rs 11.6 trillion. It is followed by ICICI Bank, which recently surpassed the Rs 8 trillion mark, becoming the second bank in India to achieve this milestone.
7. What is the maturity period of the Floating Rate Bond (FRB) introduced by the Government of India?
A) 5 years
B) 7 years
C) 10 years
D) 12 years
Answer: B) 7 years
Explanation: The Floating Rate Bond (FRB) introduced by the Government of India has a maturity period of seven years.
8. How often does the interest rate for the Floating Rate Bond (FRB) reset?
A) Annually
B) Biennially
C) Quarterly
D) Every six months
Answer: D) Every six months
Explanation: The interest rate for the Floating Rate Bond (FRB) resets every six months based on the average yields of recent auctions for short-term government debt, such as Treasury Bills.
9. Adani Green Energy Ltd (AGEL) secured $400 million in financing from a consortium of how many international banks for its solar projects?
A) Two
B) Three
C) Four
D) Five
Answer: D) Five
Explanation: Adani Green Energy Ltd (AGEL) secured $400 million in financing from a consortium of five international banks to support its solar projects in Gujarat and Rajasthan.
10. What is the total capacity of the solar projects for which Adani Green Energy Ltd (AGEL) secured financing?
A) 500 MW
B) 750 MW
C) 1000 MW
D) 1500 MW
Answer: B) 750 MW
Explanation: Adani Green Energy Ltd (AGEL) secured financing for its solar projects totaling 750 MW in capacity, with projects located in Gujarat and Rajasthan.
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