May 15, 2024 Current Affairs

1. Which organization collaborated with India's Ministry of Agriculture & Farmers Welfare to launch the "Millets: Seeds of Change" exhibition?

A.    Google

B.    Microsoft

C.   Apple

D.   Facebook

Answer: Option A

Explanation:

The collaboration between Google Arts & Culture and India's Ministry of Agriculture & Farmers Welfare to launch the "Millets: Seeds of Change" exhibition marks a significant milestone in celebrating and promoting the historical and nutritional significance of millets. By shedding light on these forgotten gems, we can raise awareness about their importance in addressing global food security challenges. Moreover, the exhibition's digital approach ensures that the cultural heritage associated with millets remains accessible and appreciated by audiences worldwide. Together, let us embrace the seeds of change and recognize the immense value that millets bring to our tables and our collective future.

2. Which bank became the first Trading cum Clearing (TCM) Member at India International Bullion Exchange (IIBX)?

A.    ICICI Bank

B.    HDFC Bank

C.   State Bank of India

D.   Axis Bank

Answer: Option C

Explanation:

State Bank of India's pioneering achievement as the first Trading cum Clearing Member at the India International Bullion Exchange (IIBX) marks a remarkable milestone in India's bullion market. This development not only reinforces SBI's position as an industry leader but also paves the way for greater transparency, efficiency, and participation in gold trading. As India continues to forge ahead in the bullion market, the integration of trading and clearing functions at the IIBX sets a strong foundation for a vibrant and prosperous future.

3. In the fiscal year 2023-24, which country overtook the United States to become India's largest trading partner?

A.    Japan

B.    China

C.   Russia

D.   United Kingdom

Answer: Option B

Explanation:

The fiscal year 2023-24 witnessed a remarkable shift in India's trading dynamics, with China overtaking the United States to become India's largest trading partner. This change reflects the strength and growth of the economic relationship between the two countries. As India continues to navigate this evolving landscape, it must carefully balance the opportunities and challenges presented by its new trading giant.

4. How many languages does Hanooman, a GenAI platform, support?

A.    100 Languages

B.    150 Languages

C.   200 Languages

D.   98 Languages

Answer: Option D

Explanation:

Hanooman, the GenAI platform, currently supports an impressive range of 98 languages. However, its vision is set on expanding this number to accommodate an even wider linguistic diversity. With its commitment to empowering AI startups and facilitating tech translations, Hanooman is poised to revolutionize the way we communicate and collaborate across languages.

5. Where did Tata Consultancy Services (TCS) unveil its Global Artificial Intelligence (AI) Centre of Excellence?

A.    France

B.    Germany

C.   Japan

D.   Canada

Answer: Option A

Explanation:

Tata Consultancy Services has unveiled its Global AI Centre of Excellence in Paris, France. This strategic move highlights TCS's commitment to the French market and the global AI landscape. By leveraging France's talent pool and fostering collaboration with global AI experts, TCS aims to drive innovation and development in advanced AI technologies. The establishment of the Global AI Centre of Excellence in Paris is a significant step towards shaping the future of AI.

6. Which company has joined the ONDC Network to revolutionize the two-wheeler industry?

A.    Bajaj Auto

B.    TVS Motor Company

C.   Hero MotoCorp

D.   Honda Motorcycle

Answer: Option C

Explanation:

Hero MotoCorp's collaboration with the ONDC Network marks a significant milestone in the digital transformation of the two-wheeler industry. By enhancing digital accessibility and streamlining the online purchase process, Hero MotoCorp aims to provide its customers with a seamless and convenient experience. This partnership not only benefits customers but also sets a precedent for other players in the industry to embrace digital innovation. As the industry continues to evolve, the integration of digital platforms like the ONDC Network will play a crucial role in shaping its future.

7. Which country's Joint Standing Committee on Trade and Investment Growth recently raised accusations of child labour in India?

A.    United States

B.    Australia

C.   United Kingdom

D.   Canada

Answer: Option B

Explanation:

The Australian Joint Standing Committee on Trade and Investment Growth's accusations of child labor in India have brought labor rights to the forefront of international trade discussions. As negotiations continue between India and Australia for a trade agreement, it is crucial to address these accusations and work towards a fair and equitable partnership. By acknowledging the importance of labor rights and fostering dialogue, both nations can strive for a trade agreement that upholds ethical standards and promotes sustainable growth.

8. Which bank introduced Pixel Play, India's premier virtual credit card partnered with Visa?

A.    ICICI Bank

B.    Axis Bank

C.   State Bank of India

D.   HDFC Bank

Answer: Option D

Explanation:

HDFC Bank's Pixel Play is more than just a virtual credit card; it represents a paradigm shift in the banking industry. With its personalized benefits, seamless digital management, and commitment to security, Pixel Play has redefined the banking experience for customers. As HDFC Bank continues to push the boundaries of innovation, it is clear that the future of banking lies in the realm of virtual solutions. So, keep an eye out for the exciting developments that lie ahead, as HDFC Bank remains at the forefront of revolutionizing the way we bank.

9. What was the cumulative profit achieved by public sector banks (PSBs) in FY24?

A.    ₹1.4 Lakh Crore

B.    ₹1.04 Lakh Crore

C.   ₹1.22 Lakh Crore

D.   ₹1.5 Lakh Crore

Answer: Option A

Explanation:

The cumulative profit achieved by public sector banks in FY24 surpassed expectations, reaching an impressive ₹1.4 lakh crore. This remarkable performance reflects the resilience, adaptability, and sound financial management of PSBs. With government support and ongoing reforms, the future looks promising for the banking sector, paving the way for sustained growth and economic prosperity.

10. What is Moody's forecast for India's GDP growth in FY25?

A.    6.2%

B.    6.4%

C.   6.6%

D.   6.8%

Answer: Option C

Explanation:

Moody's forecast of a 6.6% expansion for India's GDP growth in FY25 reflects a positive outlook for the country's economy. The projected growth is underpinned by structural reforms, policy measures, and the potential for strong credit demand. As India continues its journey toward economic development, these projections provide valuable insights for businesses, investors, and policymakers to navigate the evolving landscape.

11. On which date is the International Day of Families observed?

A.    May 14

B.    May 15

C.   May 16

D.   May 17

Answer: Option B

Explanation:

The International Day of Families, observed on May 15th, serves as a reminder to cherish and support our families. It emphasizes the importance of unity, understanding, and love within our households. Let us take this opportunity to appreciate our families and work towards creating a better future for them and for families around the world.

12. Who recently became India's 85th Chess Grandmaster?

A.    R Praggnanandhaa

B.    Arjun Erigaisi

C.   Hariharan

D.   P Shyaamnikhil

Answer: Option D

Explanation:

P Shyaamnikhil's achievement of becoming India's 85th Chess Grandmaster is a testament to his unwavering dedication, years of hard work, and exceptional talent. His journey serves as an inspiration to aspiring chess players and highlights the remarkable growth of chess in India. We congratulate P Shyaamnikhil on this remarkable accomplishment and eagerly await his future contributions to the world of chess.

13. Recently, who won the silver medal at the Asian Trampoline Gymnastics Championships?

A. Dipa Karmakar

B. Kalpana Debnath

C. Srishti Khandagale

D. Rucha Divekar

Answer: Option C

Explanation:

Srishti Khandagale's silver medal at the Asian Trampoline Gymnastics Championships has made history and brought immense pride to the Indian gymnastics community. Her remarkable feat serves as a testament to the power of perseverance, hard work, and unwavering determination. As we eagerly await her future endeavors, there is no doubt that Srishti Khandagale has a bright future ahead of her in the world of gymnastics.

14. Surjit Patar, who recently passed away, was poet of which language?

A. Punjabi

B. Marathi

C. Tamil

D. Telugu

Answer: Option A

Explanation:

The passing of Surjit Patar has left a void in the world of Punjabi literature. His remarkable journey as a poet, his lyrical verses, and his tireless efforts in promoting the Punjabi language have left an indelible mark. As we remember Surjit Patar, let us celebrate his legacy and continue to cherish the beauty and richness of Punjabi poetry.

15. Which day declared as World Football Day by the UN recently?

A. 23 May

B. 24 May

C. 25 May

D. 26 May

Answer: Option C

Explanation:

As we celebrate the inaugural World Football Day on May 25th, it is a time to reflect on the enduring influence of this beloved sport. From the grassroots level to the global stage, football unites us all, reminding us of our shared humanity. Let us embrace the passion, celebrate the diversity, and continue to cherish the beautiful game that brings joy to millions around the world.

16. Recently, where was the ‘World Hydrogen Summit and Exhibition 2024’ held?

A. London, UK

B. Moscow, Russia

C. Paris, France

D. Rotterdam, Netherland

Answer: Option D

Explanation:

The World Hydrogen Summit and Exhibition 2024 in Rotterdam proved to be a significant milestone in promoting green hydrogen technology worldwide. Through its various pavilions, presentations, and discussions, the event brought attention to the potential of hydrogen as a clean and sustainable fuel source. The participation of India, among other nations, underscored the global commitment to renewable energy and the urgent need to transition towards greener alternatives. As we look towards a future powered by sustainable fuels, events like the World Hydrogen Summit play a crucial role in driving innovation, collaboration, and global efforts towards a cleaner and greener planet.

17. Recently, where was the 10th meeting of the Memory of the World Committee for Asia and the Pacific (MOWCAP) held?

A. Beijing, China

B. Ulaanbaatar, Mongolia

C. Jakarta, Indonesia

D. New Delhi, India

Answer: Option B

Explanation:

The 10th Meeting of MOWCAP held in Ulaanbaatar, Mongolia was a testament to the shared commitment of member states in safeguarding and celebrating diverse cultural treasures. With the inclusion of significant works from India and the collective efforts of representatives from around the region, this event marked a crucial milestone in the ongoing preservation of our shared heritage.