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Daily Current Affairs 5 to 7 April 2024


6. What is the current state of RBI's monetary policy as announced on April 5, 2024?

A. The repo rate has increased.

B. The policy rates have been reduced.

C. The repo rate and policy rates remain unchanged.

D. The policy rates have been increased.

Discuss Work Space

Answer: option c

Explanation:

As announced on April 5, 2024, the Reserve Bank of India (RBI) has decided to keep the repo rate and policy rates unchanged.

7. Which organization has extended its third-party fact-checking initiative in India by partnering with the Press Trust of India (PTI)?

A. Facebook

B. World Economic Forum

C. Lancet

D. United Nations

Discuss Work Space

Answer: option a

Explanation:

Meta, the parent company of Facebook, has extended its third-party fact-checking initiative in India by partnering with the Press Trust of India (PTI).

8. What was the main objective of establishing the first privately managed strategic petroleum reserve (SPR) in India by 2029-30?

A. To decrease oil prices in the domestic market

B. To align with the models seen in countries like Japan and South Korea

C. To limit the trade of stored oil to government use only

D. To reduce India's dependency on oil imports

Discuss Work Space

Answer: option b

Explanation:

The main objective of establishing the first privately managed strategic petroleum reserve (SPR) in India by 2029-30 is to allow the operator the liberty to trade all stored oil, aligning with models seen in countries such as Japan and South Korea.

9. What is the objective of Mansukh Mandaviya’s plan mentioned in the news?

A. To increase urea imports by 2025

B. To boost domestic urea production and end imports by 2025

C. To reduce domestic urea production and rely more on imports

D. To promote alternative fertilizers over urea imports

Discuss Work Space

Answer: option b

Explanation:

Mansukh Mandaviya’s plan aims to boost domestic urea production and end imports by 2025 by promoting alternative fertilizers.

10. Who has been elected as the Chairman of NCDFI?

A. Dr. Meenesh Shah

B. Mansukh Mandaviya

C. Shaktikanta Das

D. Najmi Waziri

Discuss Work Space

Answer: option a

Explanation:

Dr. Meenesh Shah has been elected as the Chairman of the National Cooperative Dairy Federation of India Ltd. (NCDFI).


Daily Current Affairs 5 to 7 April 2024 FAQ

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