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Q.1. The second edition of India, Australia, Indonesia Trilateral Maritime Security Workshop (TMSW) conducted in which city?
भारत, ऑस्ट्रेलिया, इंडोनेशियात्रिपक्षीयसमुद्रीसुरक्षाकार्यशाला (TMSW) कादूसरासंस्करणकिसशहरमेंआयोजितकियागया?
(a) Bengaluru / बेंगलुरु
(b) Hyderabad / हैदराबाद
(c) Chennai / चेन्नई
(d) Kochi / कोच्चि
(e) Thiruvananthapuram / तिरुवनंतपुरम
Answer & Explanation
Ans.1.(d)
Exp. India, Australia, Indonesia conclude trilateral maritime security workshop
The second edition of India, Australia, Indonesia Trilateral Maritime Security Workshop (TMSW) concluded after discussing the ongoing maritime security challenges and opportunities for collaboration between the three maritime neighbours in the region.
The theme of the workshop was ‘Indian Ocean Region: Collaborative Efforts to Enhance Regional Maritime Security’.
The exercise was conducted at INS Dronacharya, Kochi, India.
The Workshop was conducted under the aegis of Headquarters Southern Naval Command and witnessed participation of delegates from the three participating Navies.
Q.2. Which bank has executed transaction documents to acquire a 6.125 per cent stake in CCIL IFSC Limited for ₹6.125 crore in May 2024?
Exp. SBI acquires 6.125% stake in CCIL IFSC, strengthens presence in GIFT City
State Bank of India has executed transaction documents to acquire a 6.125 per cent stake in CCIL IFSC Limited for ₹6.125 crore.
CCIL IFSC, which will be incorporated with an authorized and paid-up capital of ₹200 crore and ₹100 crore, respectively, will operate the foreign currency settlement system and act as a clearing house and system operator at the IFSC within GIFT City.
The indicative period for completion of the transaction (acquisition of 61.25 lakh equity shares at ₹10 each) is up to six months from the date of execution of transaction documents.
The Clearing Corporation of India Ltd (CCIL) is promoting CCIL IFFSC. CCIL will have a 57.125 per cent stake in the proposed company.
Q.3. The world’s highest competitive swimming pool has been opened in which country?
Exp. World highest competition swimming pool opens in Bhutan
World Aquatics has announced the opening of the first-ever competitive swimming pool at a record altitude of 2,400 meters above sea level in Bhutan.
The pool is part of the Pools for All Program to promote aquatic sports in the region.
Swimming’s global governing body launched the program in 2019 to ensure accessible aquatics facilities to more countries and regions.
About Bhutan
Capital- Thimphu
Currencies- Bhutanese Ngultrum,
King- Jigme Khesar Namgyel Wangchuck
Official language- Dzongkha
Q.4. Yes Bank has launched premium banking services under the label ‘Yes Grandeur’ targeting elite and rising affluent class to drive business growth. Where is the headquarters of Yes Bank?
Exp. Yes Bank launches premium services under ‘Yes Grandeur’
Yes Bank has launched premium banking services under the label ‘Yes Grandeur’ targeting elite and rising affluent class to drive business growth.
The exclusive banking program, tailored to meet distinctive financial and lifestyle needs, has an eligibility threshold of average monthly balance of ₹5 lakh or a Net Relationship Value (NRV) of ₹20 lakh, with additional consideration given to loan relationships.
Customers can also avail zero cross-currency markup charges on international debit card spends, complimentary airport lounge access, and lifestyle privileges across brands like Taj, ITC Hotels, Disney+ Hotstar, SonyLIV, Amazon, among others.
About Yes Bank
Founded – 2004
Headquarters – Mumbai, Maharashtra
MD & CEO – Prashant Kumar
Chairman – Sunil Mehta
Tagline – Experience our Expertise
Q.5. Which bank has increased interest rates on short-term retail fixed deposits (FDs) by 25 to 75 basis points (bps) in May 2024?
Exp. SBI raises short-term retail fixed deposit rates by up to 75 bps
State of India (SBI) has increased interest rates on short-term retail fixed deposits (FDs) by 25 to 75 basis points (bps).
This is the first increase in the fixed deposit rates by the bank since December 2023.
India’s largest bank also increased interest rates on domestic bulk term deposits (₹2 crore and above) by 10-50 basis points on five out of eight maturity buckets.
The new interest rates are effective from May 15, 2024. This deposit rate hike comes against the backdrop of credit growth outstripping deposit growth.
On retail domestic TDs, SBI has upped the interest rate on deposits of 46 days to 179 days from 4.75 per cent to 5.50 per cent (or by 75 basis points/bps); on deposits of 180 days to 210 days from 5.75 per cent to 6 per cent (up 25 bps); and deposits of 211 days to less than 1 year from 6 per cent to 6.25 per cent (up 25 bps
Q.6. Sanjeev Puri has been appointed as the new President of the Confederation of Indian Industry (CII) for 2024-25. He is currently the chairman of which company?
Exp. Sanjiv Puri takes over as CII president for 2024-25
Apex industry chamber Confederation of Indian Industry (CII) has a new President in Sanjiv Puri, Chairman and Managing Director of ITC Limited.
Puri, who is an alumnus of IIT Kanpur and Wharton School of Business, has assumed office as the President of CII for 2024-25.
While Rajiv Memani, Chairman of EY India, has taken over as CII President Designate for 2024-25.
R Mukundan, Managing Director & CEO of Tata Chemicals Limited, has assumed charge as Vice President of CII.
Puri was the Chairman of the Expert Group on agri-exports constituted by the 15th Finance Commission, a Member of the NITI Aayog Group on ‘Farm to Table-driving India’s agriculture sector digitally’ and also the Chairman of the ‘Action Council on ESG in Business’ under the aegis of Business 20 India.
About Confederation of Indian Industry (CII)
Founded – 1895
Headquarter – New Delhi
President – Sanjiv Puri (For 2024-25)
CII is a non-profit and non-governmental organization.
The objective of CII is to achieve a conducive environment for the development of industry and civil society in India.
Q.7. Who has been appointed as new MD & CEO of IndiaFirst Life Insurance?
Brazil was declared the host of the 2027 Women’s World Cup at the FIFA Congress.
Brazil beating the joint bid of Belgium, Netherlands and Germany to become the first South American country to hold the tournament.
The Brazil bid received the backing of 119 member associations of the FIFA Congress to host the 10th edition of the competition, compared to 78 votes for the European bid.
Q.10. Which star Indian pair secured the men’s doubles title at the Thailand Open Super 500 badminton tournament with a straight-game win over Chen Bo Yang and Liu Yi of China in Bangkok?
(a) Prannoy HS and Chirag Shetty / प्रणय एचएस और चिराग शेट्टी
(b) Chirag Shetty and Satwiksairaj Rankireddy / चिराग शेट्टी और सात्विकसाईराज रंकीरेड्डी
(c) Lakshya Sen and Chirag Shetty / लक्ष्य सेन और चिराग शेट्टी
(d) Srikanth Kidambi and Satwiksairaj Rankireddy / श्रीकांत किदांबी और सात्विकसाईराज रंकीरेड्डी
(e) Prannoy HS and Chirag Shetty / प्रणय एचएस और चिराग शेट्टी
Answer & Explanation
Ans.10.(b)
Exp. Satwiksairaj & Chirag Shetty win Men’s Doubles Title at Thiland Open 2024
Star Indian pair of Satwiksairaj Rankireddy and Chirag Shetty secured the men’s doubles title at the Thailand Open Super 500 badminton tournament with a straight-game win over Chen Bo Yang and Liu Yi of China in Bangkok.
In the form of their lives, Satwik and Chirag, the world number three pair prevailed 21-15, 21-15 over Liu and Chen, ranked 29th, for their ninth BWF world tour title.
It was also the second title of the season for the Asian Games champions following their triumph at the French Open Super 750 in March.
They had also finished runners-up at Malaysia Super 1000 and India Super 750.
Q.11. Who has won the Formula 1 Emilia Romagna Grand Prix 2024?
Red Bull’s Max Verstappen clinched the Emilia Romagna Grand Prix as McLaren’s Lando Norris finished second.
It was the 59th career win for the three-time Formula 1 world champion who kept Norris at bay despite struggling with his car.
Verstappen took his third consecutive win in Imola to take his season’s tally to five in seven races.
McLaren’s Oscar Piastri finished fourth to make it a solid performance for the team.
Recent 2024 Grand Prix Winner
Miami Grand Prix – McLaren’s Lando Norris (British)
Chinese Grand Prix – Red Bull’s Max Verstappen (Netherlands)
Japanese Grand Prix – Red Bull’s Max Verstappen (Netherlands)
Australian Grand Prix – Ferrari’s Carlos Saina (Spain)
Saudi Arabian Grand Prix – Red Bull’s Max Verstappen (Netherlands)
Bahrain Grand Prix 2- Red Bull’s Max Verstappen (Netherlands)
Q.12. World Bee Day 2024 is observed every year on which day?
विश्वमधुमक्खीदिवस 2024 हरसालकिसदिनमनायाजाताहै?
(a) 18 May
(b) 19 May
(c) 20 May
(d) 21 May
(e) 22 May
Answer & Explanation
Ans.12.(c)
Exp. 20 May – World Bee Day
World Bee Day 2024 is observed every year on May 20.
Objective – To raise awareness about the essential role of bees and other pollinators in maintaining the health of our planet, ensuring food security, and promoting biodiversity and sustainable agriculture.
Theme 2024 – Bee Engaged with Youth
World Bee Day was founded by the United Nations in 2017 following a proposal by Slovenia, which has a long tradition of beekeeping.
Q.13. N Vaghul passed away recently at the age of 88. Who was he?
Exp. N Vaghul, doyen of Indian banking, passes away
Veteran banker N Vaghul passed away at the age of 88.
Vaghul, who held many leadership positions in the banking industry, is credited with transforming ICICI from a public finance institution to a private sector bank in his 11-year stint as the chairman and managing director, starting in 1985.
Vaghul was honoured with the country’s third highest civilian award Padma Bhushan in 2006.
Q.14. In May 2024, the President and Foreign Minister of which country died in a helicopter crash?
Exp. Iran's President Ebrahim Raisi, minister die in helicopter crash
Iran President Ebrahim Raisi was killed in a helicopter crash in East Azerbaijan province.
The chopper carrying Iran President Raisi and his foreign minister Hossein Amir-Abdollahian had disappeared over a mountainous region
The eighth President of Iran, Ebrahim Raisolsadati, more popularly known as Ebrahim Raisi, was a principlist and a Muslim jurist, who became the Iranian President in 2021.
This incident follows a period of heightened regional tensions, particularly in light of the Gaza conflict and Iran's recent escalations with Israel.