Daily Current Affairs Quiz 24 October 2021

Daily Current Affairs Quiz 24 October 2021

Daily Current Affairs Quiz 24 October 2021: This post contains Questions/Quiz based on the Current Affairs and Important News of 24 October 2021. These questions have been framed keeping in mind the pattern of banking and competitive exams and hence this current affairs quiz will be helpful for upcoming competitive exams. Give our online current affairs test every day to be prepared for all Current Affairs competitive exams

  1. What is the ceiling limit set by RBI for financing subscription to Initial Public Offer (IPO) of NBFCs w.e.f April 01, 2022 per borrower?
    A) Rs 5 crore
    B) Rs 2 crore
    C) Rs 1 crore
    D) Rs 75 lakh
    View answer
    Option C
    Explanation: There will be a ceiling of Rs. 1 crore per borrower for financing subscription to Initial Public Offer (IPO) of NBFCs. This IPO ceiling will come into effect from April 01, 2022.
  2. Which of these days is observed as the World Polio Day?
    A) 24 October
    B) 23 October
    C) 22 October
    D) 21 October
    View answer
    Option A
    Explanation: The World Polio Day is celebrated annually on October 24,  to raise awareness for polio vaccination and eradication of polio.
  3. FATF has retained Pakistan in the Grey List of countries for failing to fulfill the four remaining FATF mandates out of the total __________ action plan items mandated to it by FATF
    A) 39
    B) 34
    C) 30
    D) 37
    View answer
    Option B
    Explanation: The global terror financing watchdog Financial Action Task Force (FATF) has retained Pakistan on its ‘Grey List’ of countries, due to its failure to fulfill remaining FATF mandates within stipulated time. Pakistan has addressed 30 of the 34 action plan items, and only four action items remain to be completed. In June 2021, FATF gave three months to Pakistan, to fulfil the remaining conditions by October.
  4. Who has been appointment as the new Managing Director and Group Chief Executive Officer (CEO) of rating agency ICRA in place of N Sivaraman?
    A) Prabhakar Aloka
    B) Sanjay Dattatri
    C) Amitav Ghosh
    D) Ramnath Krishnan
    View answer
    Option D
    Explanation: Ramnath Krishnan has been appointed as the new Managing Director and Group Chief Executive Officer (CEO) of rating agency ICRA
  5. Who has been named for the Satyajit Ray Lifetime Achievement Award for Excellence in Cinema to be awarded at the 52nd International Film Festival of India (IFFI) in Goa in November 2021
    A) James Cameron and Tim Burton
    B) Robert Lantos and Quentin Tarantino
    C) Istvan Szabo and Martin Scorsese
    D) Steven Spielberg and Christopher Nolan
    View answer
    Option C
    Explanation:Hungarian filmmaker Istvan Szabo and Hollywood filmmaker Martin Scorsese has been chosen as the recipient of the inaugural Satyajit Ray Lifetime Achievement Award for Excellence in Cinema. The award will be given at the 52nd edition of the International Film Festival of India (IFFI), which will be held in Goa from 20th -28th November 2021.
  6. Name the High-speed Expendable Aerial Target (HEAT), which was flight tested by DRDO recently?
    A) NIBHAY
    B) ABHYAS
    C) VIRAAT
    D) AKASH
    View answer
    Option B
    Explanation: The Defence Research and Development Organisation (DRDO) successfully flight-tested the High-speed Expendable Aerial Target (HEAT)- ABHYAS, from the Integrated Test Range (ITR), Chandipur off the coast of Bay of Bengal in Odisha on October 22, 2021. ABHYAS is designed & developed by DRDO laboratory, Aeronautical Development Establishment (ADE), Bengaluru, for the Indian Armed Forces.
  7. Which day of the year is observed as the United Nations Day?
    A) 24 October
    B) 23 October
    C) 22 October
    D) 21 October
    View answer
    Option A
    Explanation: Every year 24 October is celebrated as United Nations Day since 1948.
  8. Under the Scale Based Regulation (SBR) of NBFCs, RBI has categorized NBFC into how many categories?
    A) 5
    B) 7
    C) 8
    D) 4
    View answer
    Option D
    Explanation: For regulation of NBFCs under the new Scale Based Regulation (SBR), RBI has categorized NBFCs into four layers (or 4 scales) based on their size, activity, and perceived riskiness. These are: NBFC – Base Layer (NBFC-BL), NBFC – Middle Layer (NBFC-ML), NBFC – Upper Layer (NBFC-UL) and NBFC – Top Layer (NBFC-TL).
  9. Sandra Mason has been appointed as the first President of which of these states?
    A) Australia
    B) Papua New Guinea
    C) Barbados
    D) Jamaica
    View answer
    Option C
    Explanation: Barbados has elected Sandra Mason as its first president, as a part of its plan to become a republic nation and remove Britain’s Queen Elizabeth II as its head of state. Mason, who is the current governor-general of the country, will take the charge of office with effect from 30 November 2021.
  10. The International Day of Diplomats is celebrated on ______________ every year.
    A) 19 October
    B) 24 October
    C) 22 October
    D) 18 October
    View answer
    Option B
    Explanation: The International Day of Diplomats is celebrated on 24 October every year.
  11. Which state has launched the scheme ‘Shri Dhanwantri Generic Medical Store’?
    A) Chhattisgarh
    B) Rajasthan
    C) Haryana
    D) West Bengal
    View answer
    Option A
    Explanation: Chhattisgarh Chief Minister Bhupesh Baghel has launched a scheme titled ‘Shri Dhanwantri Generic Medical Store’ which aims to provide medicines at low and affordable rates to consumers. Under the ‘Shri Dhanwantri Generic Medical Store’ scheme, Generic medicines will be 50 to 71 percent cheaper at these medical stores.
  12. Who is the author of the book “The Origin Story of India’s States”?
    A) Prabhakar Aloka
    B) Venkataraghavan Subha Srinivasan
    C) Sanjay Dattatri
    D) Amitav Ghosh
    View answer
    Option B
    Explanation:A new book titled “The Origin Story of India’s States” narrates the fascinating political and historical circumstances of the birth of India’s states and union territories. The book has been written by Venkataraghavan Subha Srinivasan, a writer, actor and strategy consultant from Bengaluru.
  13. What is the theme of the 2021 World Polio Day?
    A) Stories of Progress: Past and Present
    B) End Polio Now
    C) A win against Polio is a win for Global Health
    D) One Day. One Focus: Ending Polio – delivering on our promise of a polio-free world!
    View answer
    Option D
    Explanation: 2021 theme for World Polio Day is “One Day. One Focus: Ending Polio – delivering on our promise of a polio-free world!”
  14. Which day of the year is observed as the United Nations’ World Development Information Day?
    A) 21 October
    B) 22 October
    C) 24 October
    D) 23 October
    View answer
    Option C
    Explanation: The United Nations’ World Development Information Day is held on October 24 every year.
  15. The year 2021 marks how many years of the foundation of UN Charter?
    A) 76
    B) 79
    C) 72
    D) 70
    View answer
    Option A
    Explanation: The year 2021 marks the 76th anniversary of the United Nations and its founding Charter.

 

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