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Daily Current Affairs 5 March 2024


11. What reason did the Reserve Bank of India provide for banning IIFL Finance from giving gold loans?

A. Financial instability

B. Gold price fluctuations

C. Breaches in Loan-to-Value ratio and gold purity certification

D. Excessive interest rates

Discuss Work Space

Answer: option c

Explanation:

The Reserve Bank of India banned IIFL Finance from giving gold loans due to supervisory concerns, including breaches in Loan-to-Value ratio and deviations in assaying and certifying gold purity and weight.

12. When is Dissociative Identity Disorder (DID) Awareness Day observed annually?

A. March 4th

B. March 5th

C. March 6th

D. March 7th

Discuss Work Space

Answer: option b

Explanation:

Dissociative Identity Disorder (DID) Awareness Day is observed annually on March 5th to raise awareness about DID and provide support for those affected by the disorder.

13. What is the primary objective of the "Mukhyamantri Yuva Udyami Vikas Abhiyan (MYUVA)" scheme launched in Uttar Pradesh?

A. Providing interest-free loans to farmers

B. Supporting women entrepreneurs in rural areas

C. Encouraging digital transactions in small businesses

D. Offering interest-free loans to young entrepreneurs

Discuss Work Space

Answer: option d

Explanation:

The "Mukhyamantri Yuva Udyami Vikas Abhiyan (MYUVA)" scheme launched in Uttar Pradesh aims to offer interest-free loans to young entrepreneurs for projects valued up to Rs 5 lakh.

14. Which institution is hosting the All India Research Scholars’ Summit (AIRSS) 2024?

A. Indian Institute of Technology Bombay

B. Indian Institute of Science Bangalore

C. Indian Institute of Technology Madras

D. Indian Institute of Technology Delhi

Discuss Work Space

Answer: option c

Explanation:

The All India Research Scholars’ Summit (AIRSS) 2024 is being hosted by the Indian Institute of Technology Madras (IIT Madras) from 4th to 7th March 2024.

15. Who has been appointed as the new Chief Secretary of Bihar?

A. Y K Alagh

B. Brajesh Mehrotra

C. Suman Kumari

D. N M Karim

Discuss Work Space

Answer: option b

Explanation:

Brajesh Mehrotra has been appointed as the new Chief Secretary of Bihar by the state government.


Daily Current Affairs 5 March 2024 FAQ

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.

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Daily Current Affairs 5 March 2024 MCQ and Quiz on besthai.in are an excellent way to stay updated with current events and enhance your general knowledge. Regular practice with these quizzes will improve your ability to answer questions related to national and international affairs, which is essential for competitive exams like UPSC, SSC, Banking, and Placement exams.

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