22 may

Question 1

Name the organisation that has recently (in May ‘24) signed an MoU with the Department of
Animal Husbandry & Dairying to enhance the Digitalization of Vaccine Cold Chain
Management, Capacity Building, and Communication Planning.

Answer 1

United Nations Development Programme (UNDP) India
- New technology and Artificial Intelligence (AI) based Animal vaccine Intelligence Network
(AVIN) developed by UNDP

Question 2

Universal Service Obligation Fund (USOF) has signed a tripartite Memorandum of Understanding
(MoU) with ____and ___to proliferate affordable and accessible digital services across
India.

Answer 2

Prasar Bharati and ONDC

The Universal Service Obligation Fund (USOF) was established in 2002 as

Question 3

The Fisheries and Animal Resources Development (ARD) Department of the Government of _____
signed a MoU with the NDDB for establishing a Good Manufacturing Practice (GMP) facility.

Answer 3

Odisha

Question 4

A tripartite MoU was signed between the NFWPIS, IndiaAI under Digital India Corporation(DIC), and
the Wadhwani Foundation to accelerate AI-driven transformation in the _______.

Answer 4

agriculture sector.

Question 5

Federation of Indian Export Organisations
- , merchandise exports from India is expected

Answer 5

• India is expected to increase around 14% i.e. to USD 500-510
  billion in FY25(2024-25).
  -India’s merchandise export saw a contraction of 3% with USD 437 billion in FY24 (2023- 24).
  -Further, it also estimated that services exports will reach to USD 390-400 billion in FY25.
  Thereby, net worth of total exports from India will be around USD 890-910 billion.
  -India’s total exports stood at USD 788 billion in FY24.
• Target: It is expected to increase Indian exports from USD 778 billion (2023-24) to USD
  2000 billion by 2029-30.

Question 6

“Water for Shared
Prosperity” Report

Answer 6

• World Bank and the Government of Indonesia
  -10th World Water Forum held in Bali, Indonesia.
  -* The 10th World Water Forum is being held from 18th to 25th May 2024 with the theme “Water
  for Shared Prosperity”.
• As per the report, 2.2 billion people lacked access to safe drinking water services and 3.5
  billion are deprived of safely managed sanitation in 2022.
• The lack of access to safe drinking water and sanitation resulted in at least 1.4 million annual
  deaths and 50% of global malnutrition.
• The report revealed that number of people who lacked safe drinking water and basic sanitation
  has increased by 197 million and 211 million respectively in last 2 decades.

Question 7

Which bank/financial institution has recently (in may’24)signed a Memorandum of
Understanding (MoU) with Airbus Helicopters for financing the purchase of Airbus helicopters
in India?

Answer 7

Small Industries Development Bank of India

Question 8

Name the Trade Receivables electronic Discounting System (TReDS) platform that has
recently (in May’24) crossed the Rs 1 lakh crore in MSME Invoice Financing.

Answer 8

• Receivables Exchange of India Limited (RXIL)
• RXIL is a joint venture (JV) promoted by the Small Industries Development Bank of India
  (SIDBI), NSE India (National Stock Exchange of India Ltd, State Bank of India (SBI), ICICI
  Bank, and YES Bank Limited.

Question 9

ICRA Limited - GDP Projection

Answer 9

FY24- 7.8%
6.7% in 4th Quarter (Q4) of FY2024
8.4% in Q3 of the fiscal year 2023-2024 (FY24).

Question 10

. In May 2024, RITES Limited, the export arm of Indian Railways, signed a ______
(approximately Rs 915 crore) contract agreement to supply 200 Broad-Gauge (BG) passenger
carriages to ___________ Railways.

Answer 10

-Bangladesh, USD 111.26 million
-The contract is funded by Luxembourg-based
European Investment Bank (EIB)

Question 11

In May 2024, Indian Oil Corporation Limited exported its first-ever parcel of XP100, India’s
1st superior 100-octane premium fuel, from Jawaharlal Nehru Port Trust (JNPT) to
______________________ in ______________(country)

Answer 11

Lanka IOC; Sri Lanka
- from Jawaharlal Nehru Port Trust
(JNPT), Nava Sheva, Navi Mumbai, Maharashtra

Question 12

Which company has recently (in May ‘24) signed a grid agreement with National Grid Plc’s
Electricity System Operator (ESO) to build the power infrastructure required to switch its Port
Talbot site in Wales, the United Kingdom (UK), to a green steel project?

Answer 12

Tata Steel

• The National Grid Plc ESO will construct a new
  electrical framework to power Tata Steel’s 3.2
  million-ton electric arc furnace by the end of
  2027, replacing the aging blast furnaces.
  -Tata Steel’s electric arc furnace aims to cut emissions 30% by 2030 and reach net zero by
  2045.

Question 13

Bloomberg Billionaires Index

Answer 13

1. Bernard Arnault- 220 Billion
2. Mukesh Ambani- 110 billion
3. Gautam adani- 100 billion
   -For the first time, each person in the top 15 super rich in the world has a net worth of USD 100
   billion or more.

Question 14

Who has been recently (in may’24) re-elected as the President of Dominican Republic for
2nd Term?

Answer 14

Luis Rodolfo Abinader Corona
-In 2020, he has been elected as the 54th President of Dominican Republic for the period
2020-2024.

Question 15

. Name the company /organisation has recently (in may’24) become the world’s 1st private
entity to test its Synthetic Aperture Radar (SAR) technology successfully on a subscale High
Altitude Pseudo-Satellite (HAPS).
`

Answer 15

-GalaxEye Space Solutions Pvt Ltd
-With this, GalaxEye becomes the world’s 1st private entity to conduct SAR trials on the
HAPS platform.

Question 16

Name the company that has recently (in May ‘24) launched “Copilot+ PCs,” a new category
of personal computers (PCs) designed for artificial intelligence (AI) capabilities.

Answer 16

Microsoft

Question 17

May 21

Answer 17

1. National Anti-Terrorism Day - 33rd death anniversary of the 6th PM of India, Rajiv Gandhi (1984
   to 1989).
2. United Nations (UN) International Tea Day
3. (UN)’s World Day for Cultural Diversity for Dialogue and Development 2024

Question 18

In May 2024, HDFC Bank sold its entire _________ stake in Protean eGov Technologies for Rs
150 crore through an open market transaction.

Answer 18

3.20%

Question 19

Name the country that has recently (in May ‘24) opened the world’s highest competition
swimming pool at an altitude of 8200 feet.

Answer 19

Bhutan

Question 20

Name the lubricant company that has recently (in May ‘24) appointed Indian cricket player
Ravindra Jadeja as its brand ambassador to expand its business & visibility in Indian Market.

Answer 20

Caltex

Question 21

Name the company that has recently (in May ‘24) entered into the insurance distribution
business.

Answer 21

Upstox

Question 22

United Nations
Development Programme (UNDP) India

Answer 22

About United Nations Development Programme (UNDP) India:
Resident Representative in India– Caitlin Wiesen
Headquarters– New Delhi, Delhi

Question 23

Small Industries Development Bank of India (SIDBI):

Answer 23

About Small Industries Development Bank of India (SIDBI):
SIDBI is a Principal Financial Institution for the Promotion, Financing and Development of Micro,
Small and Medium Enterprise (MSME). It is under the jurisdiction of the Ministry of Finance.
Chairman and Managing Director (CMD)- Sivasubramanian Ramann
Headquarters- Lucknow, Uttar Pradesh(UP)
Established in April 1990

Question 24

Dominican Republic

Answer 24

About the Dominican Republic:
Capital- Santo Domingo
Currency- Dominican Peso

Question 25

Which insurance company has recently (in May’ 24) launched a campaign ‘No Jhanjhat Life Insurance Fatafat’?

Answer 25

HDFC Life Insurance Company Limited

Question 26

Which company has recently (in May’ 24) achieved a significant milestone by successfully demonstrating the co-firing of 20% torrefied biomass at its facility in Tanda in Uttar Pradesh?

Answer 26

NTPC Limited

Question 27

Federation of Indian Export Organisations (FIEO)

Answer 27

About Federation of Indian Export Organisations (FIEO): It is the apex trade promotion body in India set up by Ministry of Commerce and Industry. President: Ashwini Kumar Headquarters: New Delhi, Delhi Established: 1965

Question 28

ICRA Limited:

Answer 28

About ICRA Limited: Managing Director (MD) and Group Chief Executive Officer (CEO)- Ramanth Krishnan Headquarters- Gurugram, Haryana Established in 1991

Question 29

In May 2024, Indian spiritual guru Sri Sri Ravi Shankar received the first stamp released to commemorate the completion of 200 years of Indian Origin Tamils (IOT) in _________.

Answer 29

Sri Lanka

Question 30

Bangladesh

Answer 30

About Bangladesh: Capital– Dhaka Currency– Bangladeshi Taka

Question 31

Who is the current (As of May ‘24) Chairman & Managing Director (CMD) of the RITES Limited?

Answer 31

Rahul Mithal