HomeBusinessOctober 20, 2024 Current Affairs

October 20, 2024 Current Affairs

Srinivas Appointed CEO of GeM

L Satya Srinivas has been given the additional charge as CEO of the Government e-Marketplace (GeM) following the appointment of P K Singh as Secretary in the Ministry of Renewable Energy.

RBI Bars Navi Finserv and Others

The Reserve Bank of India has prohibited Navi Finserv and three other non-banking finance companies (NBFCs) from sanctioning loans due to excessive interest rates charged to borrowers.

India-Germany Labour Pact

India and Germany are set to sign an agreement on labour mobility and skill recognition, aimed at facilitating the movement of skilled professionals to Germany.

Mohanji Receives Humanitarian Award

Mohanji, a humanitarian leader, was honored with the Humanitarian Award at the 2024 Conscious Companies Awards in Johannesburg for his global humanitarian efforts.

Vijaya Rahatkar as NCW Chairperson

Vijaya Rahatkar has been appointed as the new Chairperson of the National Commission for Women (NCW) by the Ministry of Women and Child Development.

India Mobile Congress Concludes

The India Mobile Congress 2024 concluded in New Delhi, focusing on artificial intelligence governance and future regulatory strategies.

MoUs Signed with Malawi

During her visit to Malawi, President Droupadi Murmu signed four MoUs covering sports, youth matters, pharmaceuticals, and art and culture, alongside a commitment to provide humanitarian aid.

WTSA-24 Held in Asia-Pacific

The World Telecommunication Standardization Assembly (WTSA-24) took place in the Asia-Pacific region, with over 3,700 delegates participating from more than 160 countries.

Karmayogi Saptah Launched

The Karmayogi Saptah initiative aims to enhance learning and development within government services across India.

Moonlight Programme Announced

The European Space Agency announced plans for a Moonlight programme focusing on lunar exploration, particularly the Moon’s South Pole region.

Yars Missile Testing by Russia

Russia is currently testing its Yars intercontinental ballistic missile system as part of its military readiness exercises.

Rights of Older Persons Conference

A national conference on the ‘Rights of Older Persons’ was held in New Delhi to address issues affecting senior citizens in India.

Digital Visa Initiative by Germany

The upcoming India-Germany agreement will introduce a digital visa system by the end of 2024 to streamline skilled migration processes.

Humanitarian Contributions Recognized

The Conscious Companies Awards celebrated leaders promoting ethical practices and sustainable business models globally.

Artificial Limb Centre in Malawi

As part of her goodwill visit, President Murmu announced the establishment of a permanent artificial limb replacement center in Malawi.

National Learning Week Announced

The Karmayogi Saptah initiative emphasizes continuous learning and skill development among government employees in India.

Bhabhatron Machines for Malawi

India will provide Bhabhatron cancer treatment machines to Malawi as part of its healthcare assistance initiative during President Murmu’s visit.

Skill Recognition Agreement Details

The labour mobility agreement between India and Germany will facilitate job opportunities for skilled Indian professionals in German industries.

Excessive Interest Rates Investigation

The RBI’s action against Navi Finserv and other NBFCs follows concerns over their pricing policies and interest rates charged to customers.

Global Participation at WTSA-24

This year’s WTSA assembly saw unprecedented participation, setting a precedent for future standardization activities by ITU-T over the next four years.

Here are 20 multiple-choice questions (MCQs) based on current affairs as of October 20, 2024, along with their answers:

MCQs on Current Affairs

  1. Who has been appointed as the CEO of the Government e-Marketplace (GeM)?
    • A) P K Singh
    • B) L Satya Srinivas
    • C) Vijaya Rahatkar
    • D) Mohanji
      Answer: B) L Satya Srinivas
  2. Which organization has barred Navi Finserv from sanctioning loans?
    • A) SEBI
    • B) RBI
    • C) NABARD
    • D) IRDAI
      Answer: B) RBI
  3. India and Germany are set to sign an agreement related to what?
    • A) Trade tariffs
    • B) Labour mobility and skill recognition
    • C) Environmental protection
    • D) Defense cooperation
      Answer: B) Labour mobility and skill recognition
  4. What award did Mohanji receive at the Conscious Companies Awards 2024?
    • A) Business Leader Award
    • B) Humanitarian Award
    • C) Innovation Award
    • D) Lifetime Achievement Award
      Answer: B) Humanitarian Award
  5. Who has been appointed as the new Chairperson of the National Commission for Women (NCW)?
    • A) Mohanji
    • B) L Satya Srinivas
    • C) Vijaya Rahatkar
    • D) P K Singh
      Answer: C) Vijaya Rahatkar
  6. What was the main focus of the India Mobile Congress 2024?
    • A) Renewable energy
    • B) Artificial intelligence governance
    • C) Cybersecurity
    • D) E-commerce
      Answer: B) Artificial intelligence governance
  7. During her visit to Malawi, President Droupadi Murmu signed how many MoUs?
    • A) Two
    • B) Three
    • C) Four
    • D) Five
      Answer: C) Four
  8. Where was the World Telecommunication Standardization Assembly (WTSA-24) held?
    • A) Europe
    • B) North America
    • C) Asia-Pacific region
    • D) Africa
      Answer: C) Asia-Pacific region
  9. What initiative aims to enhance learning among government services in India?
    • A) Skill India Mission
    • B) Karmayogi Saptah
    • C) Digital India Programme
    • D) Atmanirbhar Bharat
      Answer: B) Karmayogi Saptah
  10. What is the focus of the European Space Agency’s Moonlight programme?
    • A) Mars exploration
    • B) Lunar exploration, particularly the Moon’s South Pole region
    • C) Satellite communication
    • D) Asteroid mining
      Answer: B) Lunar exploration, particularly the Moon’s South Pole region
  11. Which missile system is currently being tested by Russia?
    • A) Agni-VI
    • B) Yars intercontinental ballistic missile system
    • C) BrahMos II
    • D) S-400
      Answer: B) Yars intercontinental ballistic missile system
  12. What was the theme of the national conference held in New Delhi regarding senior citizens?
    • A) Health care for seniors
    • B) Rights of Older Persons
    • C) Financial literacy for seniors
    • D) Employment opportunities for seniors
      Answer: B) Rights of Older Persons
  13. What new system will be introduced as part of the India-Germany agreement by the end of 2024?
    • A) Digital currency system
    • B) Digital visa system
    • C) E-commerce platform
    • D) Renewable energy exchange
      Answer: B) Digital visa system
  14. What did the Conscious Companies Awards recognize globally?
    • A) Technological innovations
    • B) Humanitarian contributions and ethical practices
    • C) Economic growth
    • D) Environmental sustainability
      Answer: B) Humanitarian contributions and ethical practices
  15. What type of center will be established in Malawi as announced by President Murmu?
    • A) Medical research center
    • B) Artificial limb replacement center
    • C) Educational institute
    • D) Agricultural training center
      Answer: B) Artificial limb replacement center
  16. The Karmayogi Saptah initiative emphasizes what aspect for government employees?
    • A) Financial management
    • B) Continuous learning and skill development
    • C) Work-life balance
    • D) Leadership training
      Answer: B) Continuous learning and skill development
  17. Which cancer treatment machines will India provide to Malawi?
    • A) CyberKnife systems
    • B) Linear accelerators
    • C) Bhabhatron machines
    • D) MRI machines
      Answer: C) Bhabhatron machines
  18. The labour mobility agreement between India and Germany aims to facilitate what?
    • A) Trade agreements
    • B) Skilled migration processes
    • C) Cultural exchange programs
    • D) Joint ventures in technology
      Answer: B) Skilled migration processes
  19. Why did RBI take action against Navi Finserv and other NBFCs?
    • A) Fraudulent activities
    • B) Excessive interest rates charged to customers
    • C) Non-compliance with regulations
    • D ) Poor customer service
      Answer: B ) Excessive interest rates charged to customers
  20. How many delegates participated in WTSA-24 from around the world?
    – A ) Over 1,000
    – B ) Over 2,500
    – C ) Over 3,700
    – D ) Over 5,000
    Answer: C ) Over 3,700

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