Daily Current Affairs Quiz 1st May 2024

Daily Current Affairs Quiz 1st May 2024

Welcome to the Current Affairs Quiz for the 1st May 2024. This quiz will test your knowledge of the latest events and developments worldwide. Are you ready to challenge yourself and stay updated with current affairs? Today’s quiz topics: Small Finance Banks (SFBs), India’s imports from China, Hitachi Payment, Iran’s drone production and export efforts, Same-sex acts in Iraq. For Indian Government Jobs, visit Indgovtjobs.

Current Affairs Quiz 1st May 2024: Today, we provide the 1st May Current Affairs Quiz. These topics are most important for candidates who prepare fοr Government and Bank Exams in 2024. In this article, we are covering the following impοrtant topics Headlines:

  • Small Finance Banks (SFBs)
  • India’s imports from China
  • Hitachi Payment
  • Iran’s drone production and export efforts
  • Same-sex acts in Iraq

Current Affairs Quiz 1st May 2024

Current Affairs Quiz 1st May 2024

The Current Affairs 2024 section constitutes a significant part οf the General Awareness GK section in a competitive examination and plays an instrumental role. Tο alternate your preparation for the GK General Awareness Section of the upcοming exams like SSC, UPSC, IBPS PO/Clerk Mains and SEBI Grade A Prelims, we are providing yοu Current Affairs Quiz 1st May 2024 covering the below important topics Headlines: Small Finance Banks (SFBs), India’s imports from China, Hitachi Payment, Iran’s drone production and export efforts, Same-sex acts in Iraq.

Here are Current Affairs Quiz 1st May 2024

Q1. Which of the following entities will be not required for conversion into universal banks as per rbi guidelines?

(a) Listed status on a recognized stock exchange

(b) Minimum net worth of ₹1,000 crore

(c) Scheduled status

(d) Gross NPA ratio of 5%

(e) Diversified loan portfolio

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Q2. What countries have imposed sanctions against iran’s drone industry?

(a) United States, United Kingdom, France

(b) United States, Russia, China

(c) United States, United Kingdom, Canada

(d) United States, Israel, Saudi Arabia

(e) United States, Israel, Iraq

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Q3. What was the maximum penalty for same-sex acts in iraq before the recent legislation?

(a) 2 years in prison

(b) 5 years in prison

(c) 7 years in prison

(d) 10 years in prison

(e) There was no explicit penalty for same-sex acts

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Q4. Which products constitute half of India’s imports from china?

(a) Consumer goods

(b) Raw materials

(c) Capital goods and machinery

(d) Intermediate goods

(e) Finished products

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Q5. Tell me the minimum net worth required for small finance banks?

(a) ₹500 crore

(b) ₹750 crore

(c) ₹1,000 crore

(d) ₹1,250 crore

(e) ₹1,500 crore

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Q6. Which new technology was introduced in hitachi payment services in september 2023?

(a) UPI-enabled ATMs

(b) Contactless payment cards

(c) Biometric authentication for ATM withdrawals

(d) Mobile banking application

(e) Cash withdrawal kiosks

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Q7. Tell me the preferred loan portfolio at sfbs that plan to convert into universal banks?

(a) Specialized

(b) Limited

(c) Diversified

(d) Targeted

(e) Non-existent

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Q8. Tell me the reason behind the issuance of paper for cp?

(a) Google

(b) Reserve Bank of India (RBI)

(c) Facebook

(d) Amazon

(e) Apple

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Q9. Who is initiating otp fraud countermeasure?

(a) Increased liquidity in the market

(b) Reduction in regulatory requirements

(c) RBI’s elevated risk weights on bank loans to NBFCs

(d) Decrease in investor confidence

(e) Rise in interest rates

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Q10. What military entity developed the kamikaze drone?

(a) Iranian Army

(b) Iranian Air Force

(c) Iranian Navy

(d) Iranian Islamic Revolutionary Guard Corps (IRGC)

(e) Iranian Cyber Defense Forces

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Correct Answer .(d)

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That’s all about today’s Current Affairs, let us recall

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