May 23, 2024 Current Affairs

1. Which company exported its first consignment of 100 octane premium fuel, XP100, to Sri Lanka?

A.    Indian Oil Corporation

B.    Bharat Petroleum

C.   Hindustan Petroleum

D.   Reliance Industries

Answer: Option A

Explanation:

The export of XP100 by Indian Oil Corporation Ltd. to Sri Lanka signifies a momentous achievement that highlights IOCL's commitment to excellence, innovation, and global expansion. This milestone not only showcases the exceptional quality of XP100 but also positions IOCL as a leading player in the fuel industry. As IOCL continues to explore new markets and deliver cutting-edge solutions, the future looks promising for both the company and fuel enthusiasts worldwide.

2. Which country will host the first dedicated discussions on regulating tourism in Antarctica at the 46th Antarctic Treaty Consultative Meeting (ATCM)?

A.    Australia

B.    United States

C.   India

D.   China

Answer: Option C

Explanation:

India's upcoming hosting of the first-ever dedicated discussions on regulating tourism in Antarctica marks a significant milestone in global efforts towards sustainable exploration. By convening an international forum for dialogue, India demonstrates its commitment to preserving Antarctica's ecological integrity while fostering responsible tourism practices. As the world looks to strike a balance between exploration and conservation, India's leadership in this arena paves the way for a brighter and more sustainable future for tourism in Antarctica.

3. Which country has become the 99th member of the International Solar Alliance (ISA)?

A.    India

B.    France

C.   Panama

D.   Spain

Answer: Option D

Explanation:

Spain's official membership in the International Solar Alliance marks a significant milestone in the global effort to promote solar energy and combat climate change. With its expertise and commitment to sustainable energy, Spain is well-positioned to contribute to the alliance's objectives and collaborate with other member countries. The inclusion of Spain in the ISA strengthens the collective endeavor towards a greener and more sustainable future for all.

4. Which city's High Court cancelled all OBC certificates in West Bengal issued after 2010?

A.    Mumbai

B.    Delhi

C.   Chennai

D.   Calcutta

Answer: Option D

Explanation:

The Calcutta High Court's decision to cancel all OBC certificates issued after 2010 in West Bengal has undoubtedly caused a stir. While it clarifies that current OBC employees will not be affected, it raises questions about the fairness of the certificate issuance process. It is crucial for authorities to address the concerns of affected individuals and work towards a more transparent and inclusive system. Only then can we strive towards a society that upholds both justice and equality.

5. Who attended 'Exercise Cyber Suraksha – 2024' to strengthen India's cyber defence?

A.    Dinesh K. Tripathi

B.    Rajnath Singh

C.   Anil Chauhan

D.   Manoj Pande

Answer: Option C

Explanation:

Exercise Cyber Suraksha – 2024' served as a significant milestone in India's journey towards fortifying its cyber defence capabilities. With Gen Anil Chauhan's presence and a focus on collaboration, the exercise emphasized the nation's commitment to tackling cyber threats collectively. As the digital landscape evolves, initiatives like these are crucial in safeguarding India's critical infrastructure and maintaining its position in the forefront of cybersecurity.

6. Which entity has approved the world's first major law regulating AI, known as the AI Act?

A.    United Nations

B.    European Union

C.   Eurasian Economic Union

D.   World Federation of Trade Union

Answer: Option B

Explanation:

The European Union's approval of the AI Act represents a major milestone in the regulation of AI. By prioritizing the regulation of high-risk AI systems, promoting transparency, and imposing significant penalties for non-compliance, the EU has demonstrated its dedication to responsible AI development. This landmark legislation sets the stage for a future where AI is harnessed for the benefit of society while upholding fundamental rights and values.

7. With whom has SIDBI partnered to provide financing for helicopter purchases in India?

A.    Airbus Helicopters

B.    Boeing

C.   Lockheed Martin

D.   Sikorsky

Answer: Option A

Explanation:

The collaboration between SIDBI and Airbus Helicopters marks a significant milestone in the realm of helicopter financing in India. Through this partnership, SIDBI solidifies its commitment to supporting the growth of the rotary wing industry, while Airbus Helicopters reinforces its position as a key player in the Indian market. The financing options made available to civil operators not only enhance accessibility but also pave the way for transformative advancements and opportunities within the industry. As India's helicopter market continues to evolve, this partnership sets the stage for a dynamic and thriving future.

8. When is Buddha Purnima 2024 celebrated?

A.    April 23

B.    May 23

C.   June 23

D.   July 23

Answer: Option B

Explanation:

Buddha Purnima 2024, celebrated on May 23, is a momentous occasion that honors the birth, enlightenment, and death of Gautama Buddha. This festival serves as a reminder of the profound teachings and enduring legacy of the Buddha. By engaging in prayers, discussions, and cultural events, devotees and admirers alike come together to celebrate his wisdom, compassion, and the path to enlightenment.

9. Which company secured the third rank in the world for the Talent Development category at the ATD BEST Awards 2024?

A.    NTPC

B.    REC

C.   Tata Group

D.   Infosys

Answer: Option A

Explanation:

NTPC's remarkable achievement of securing the third rank globally in the Talent Development category at the ATD BEST Awards 2024 is a testament to their unwavering dedication to employee growth and development. Through their focus on holistic employee development, comprehensive talent development strategies, collaborative learning environment, and industry recognition, NTPC sets a shining example for organizations worldwide. This accolade further reinforces NTPC's position as a leader in talent development and underscores their commitment to nurturing a skilled and empowered workforce.

10. What milestone has India's market capitalization achieved?

A.    $1 Trillion

B.    $2 Trillion

C.   $3 Trillion

D.   $5 Trillion

Answer: Option D

Explanation:

India's market capitalization reaching the historic milestone of $5 trillion showcases the nation's economic resilience and investor confidence. It symbolizes India's emergence as a global economic force, joining the ranks of renowned economies. However, this achievement should not be seen as an endpoint but rather as a stepping stone towards further growth and development. By capitalizing on its strengths, addressing challenges, and fostering a conducive business environment, India can continue its upward trajectory and pave the way for a prosperous future.

11. Which pharmaceutical company has received approval from the US Food and Drug Administration (USFDA) to market generic medication for treating asthma?

A.    Pfizer

B.    Johnson & Johnson

C.   Zydus

D.   Novartis

Answer: Option C

Explanation:

Zydus Lifesciences' achievement of securing USFDA approval to market their generic Theophylline extended-release tablets is a testament to their dedication to advancing healthcare. This milestone not only expands their pharmaceutical offerings but also contributes to improving the accessibility and affordability of asthma and COPD treatment options. With Zydus Lifesciences at the forefront, the future of respiratory care looks promising.

12. Who has taken the oath of office and secrecy as a Member of the Central Electricity Regulatory Commission (CERC)?

A.    R. K. Singh

B.    Ramesh Babu

C.   Jishnu Barua

D.   Arun Goyal

Answer: Option B

Explanation:

The appointment of Shri Ramesh Babu V. as a Member of the Central Electricity Regulatory Commission (CERC) marks a positive step towards strengthening the regulatory framework of the energy sector in India. His extensive experience and knowledge will be instrumental in shaping policies and regulations that promote efficiency, transparency, and consumer protection. With Shri Ramesh Babu V. on board, the CERC is well-positioned to navigate the evolving energy landscape and address the challenges and opportunities that lie ahead.

13. Recently, which state government has reserved 33% of government contract jobs for women?

A. Karnataka

B. Maharashtra

C. Odisha

D. Bihar

Answer: Option A

Explanation:

The Karnataka government's decision to reserve 33% of government contract jobs for women is a commendable step towards achieving gender equality and empowering women in the workforce. This policy not only addresses the existing gender disparity but also promotes inclusivity and encourages skill development among women. By actively involving women in various government departments and organizations, Karnataka sets a progressive example for other states to follow. Let us applaud this initiative and aspire for a future where gender equality becomes the norm in every aspect of society.

14. What is the theme of ‘International Day for Biological Diversity 2024’?

A. Be part of the Plan

B. We’re part of the solution #ForNature

C. From Agreement to Action: Build Back Biodiversity

D. Building a shared future for all life

Answer: Option A

Explanation:

The 2024 International Day for Biological Diversity, with its theme "Be Part of the Plan," underscores the importance of collective action to address biodiversity loss. By understanding the threats faced by biodiversity, recognizing the significance of this global initiative, and actively participating in the Kunming-Montreal Global Biodiversity Framework, we can build a shared future for all life on Earth. Let us embrace our role as stewards of the planet and take action to protect and restore biodiversity for generations to come.

15. Recently, General To Lam was elected as the new President of which country?

A. Mexico

B. Singapore

C. Vietnam

D. Mauritius

Answer: Option C

Explanation:

The election of General To Lam as Vietnam's new President marks a turning point in the nation's political landscape. His background in public security, commitment to fighting corruption, and the democratic process through which he was elected all contribute to the hope and optimism surrounding his presidency. As Vietnam looks ahead to the next few years, the nation eagerly anticipates the positive changes and progress that General To Lam's leadership will bring.

16. What is the primary objective of the PM-WANI scheme, recently seen in news?

A. To provide free laptops to students

B. To provide affordable and high-speed internet connectivity to rural and remote areas

C. To improve mobile network coverage in urban areas

D. To promote digital payment systems

Answer: Option B

Explanation:

The PM-WANI scheme has emerged as a beacon of hope for those living in rural and remote areas, where internet connectivity was once a distant dream. By providing affordable and high-speed internet access, this scheme aims to bridge the digital divide and empower communities. As implementation progresses and challenges are addressed, we can anticipate a positive impact on education, entrepreneurship, and overall development in these underserved regions.

17. Which organization recently published the report titled ‘Global Land Outlook Thematic Report on Rangelands and Pastoralists’?

A. United Nations Convention to Combat Desertification (UNCCD)

B. United Nations Environment Programme (UNEP)

C. United Nations Development Programme (UNDP)

D. World Bank

Answer: Option A

Explanation:

The UNCCD's Global Land Outlook Thematic Report on Rangelands and Pastoralists serves as a wake-up call, drawing attention to the silent demise of rangelands and the challenges faced by pastoralist communities. Urgent action is required to address the drivers of rangeland degradation and support sustainable land management practices. By prioritizing the conservation and restoration of rangelands and empowering pastoralist communities, we can strive towards a more sustainable and resilient future for both people and the planet.