The purpose of the Daily Current Affairs 5 March 2024 MCQ and Quiz on BestHai.in is to provide a valuable resource for competitive exam preparation. It offers questions based on the most recent national and international events, helping you stay updated and practice for exams like UPSC, SSC, Banking, and Placement exams.
Daily Current Affairs 5 March 2024
| 1. | What is the primary aim of India's first Green Hydrogen Plant in the Stainless Steel Sector, inaugurated by Union Minister Jyotiraditya M. Scindia? |
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A. To increase carbon emissions in the stainless steel industry
B. To reduce carbon emissions and promote sustainability
C. To produce conventional hydrogen for industrial use
D. To enhance the production of stainless steel
View Answer Discuss Work SpaceAnswer: option b
Explanation:
The primary aim of India's first Green Hydrogen Plant in the Stainless Steel Sector, inaugurated by Union Minister Jyotiraditya M. Scindia, is to reduce carbon emissions and promote sustainability in the stainless steel industry.
| 2. | Which Indian state leads in issuing 5 Crore Ayushman cards under the Ayushman Bharat PMJAY scheme? |
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A. Maharashtra
B. Uttar Pradesh
C. Kerala
D. Gujarat
View Answer Discuss Work SpaceAnswer: option b
Explanation:
Uttar Pradesh leads in issuing 5 Crore Ayushman cards under the Ayushman Bharat PMJAY scheme, making it the first state in the country to achieve this milestone.
| 3. | What is the significance of the ADITI scheme launched by Raksha Mantri Rajnath Singh during DefConnect 2024? |
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A. To promote innovations in critical and strategic defence technologies
B. To provide financial support for agricultural development
C. To boost infrastructure development in rural areas
D. To enhance education in remote regions
View Answer Discuss Work SpaceAnswer: option a
Explanation:
The ADITI scheme launched by Raksha Mantri Rajnath Singh during DefConnect 2024 aims to promote innovations in critical and strategic defence technologies by providing significant grants for research and development.
| 4. | Which credit rating agency upgraded India's GDP growth forecast to 6.8% for 2024? |
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A. Standard & Poor's (S&P)
B. Fitch Ratings
C. Moody's
D. DBRS Morningstar
View Answer Discuss Work SpaceAnswer: option c
Explanation:
Moody's, the global credit rating agency, upgraded India's GDP growth forecast to 6.8% for 2024, reflecting a positive economic outlook based on robust growth prospects and policy continuity.
| 5. | What action did the Reserve Bank of India (RBI) take against IIFL Finance regarding gold loans? |
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A. Imposed restrictions on branch operations
B. Approved a merger with another financial institution
C. Banned approval and disbursement of gold loans
D. Reduced the interest rates on gold loans
View Answer Discuss Work SpaceAnswer: option c
Explanation:
The Reserve Bank of India (RBI) imposed an immediate ban on the approval and disbursement of gold loans by IIFL Finance due to supervisory concerns in its gold loan portfolio, including breaches in Loan-to-Value (LTV) ratio and deviations in assaying and certifying gold purity and weight.
Daily Current Affairs 5 March 2024 FAQ
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