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Daily Current Affairs 15 February 2024


6. What milestone has the Ministry of Defence (MoD) achieved on the Government e-Marketplace (GeM) portal?

A. ₹1 Trillion Total Order Value

B. ₹1 Lakh Crore Total Order Value

C. ₹1 Billion Total Order Value

D. ₹1 Crore Total Order Value

Discuss Work Space

Answer: option b

Explanation:

The Ministry of Defence (MoD) has achieved a significant milestone on the Government e-Marketplace (GeM) portal, recording procurement worth ₹1 lakh crore since the portal’s inception in 2016.

7. What is the recent Wholesale Price Index (WPI) of India for January?

A. 0.27%

B. 3.5%

C. 5.2%

D. 7.8%

Discuss Work Space

Answer: option a

Explanation:

India’s Wholesale Price Index (WPI) recorded a notable moderation, reaching a three-month low of 0.27% in January.

8. What is the record services trade surplus of India for the October-December quarter?

A. $44.9 Billion

B. $30.5 Billion

C. $60.2 Billion

D. $15.8 Billion

Discuss Work Space

Answer: option a

Explanation:

India’s services trade surplus reached an unprecedented $44.9 billion in the October-December quarter of FY24, marking a 16% year-on-year increase.

9. What directive has the Reserve Bank of India (RBI) issued to Visa and Mastercard?

A. Halt ATM services

B. Halt international transactions

C. Halt card-based commercial payments

D. Halt digital payments

Discuss Work Space

Answer: option c

Explanation:

The RBI has instructed Visa and Mastercard to cease card-based commercial payments by businesses, citing concerns over Know Your Customer (KYC) compliance.

10. Which company has LIC increased its stake in recently?

A. SBI Cards & Payments Services Limited

B. Amazon

C. Google

D. Microsoft

Discuss Work Space

Answer: option a

Explanation:

Life Insurance Corporation of India (LIC) has increased its stake in SBI Cards & Payments Services Limited from 4.99% to 5.02% of the paid-up capital through open market purchases.


Daily Current Affairs 15 February 2024 FAQ

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