Daily Current Affairs Quiz: May 22 2024

Solution: Option A.)

Ans (A)
Malti Joshi, a distinguished Hindi and Marathi writer, passed away due to esophagus cancer at the age of 90.
Padma Shri – 2018
Her storytelling technique was notable for its oral delivery, akin to traditional epic narrators, which added a unique dimension to her works.
Her stories, including “Kokh Ka Darp” and “Outsider,” were widely appreciated, with one adapted by Gulzar for television.

Solution: Option B.)

Ans (B)
Chairman and Managing Director of ITC, Sanjiv Puri, has been elected as the President of the Confederation of Indian Industry (CII) for 2024-25.
Sanjiv Puri replaces R Dinesh, Chairman of TVS Supply Chain Solutions as the President of CII.
Rajiv Memani has been appointed as the new President-Designate, and R Mukundan has been elected as the new Vice President of the CII for 2024-25.
The Confederation of Indian Industry is one of the oldest business lobby groups in India.
It traces its origin to the setting up of the Engineering and Iron Trades Association in Bengal in 1895.
After many changes in its name, it was renamed as Confederation of Engineering Industry (CEI) in 1986.

Solution: Option C.)

Ans (C)
Alexander Zverev won the single title of the Italian Open tennis tournament, while the women’s singles title was won by the world no 1 player Iga Swiatek.
This was the second Italian open title for Alexander Zeverv, while it was the third Italian title for Iga Swiatek.
German Alexander Zeverv defeated the first-time Masters finalist Nicolas Jarry of Chile in straight sets 6-4, 7-5 to win the 2024 Italian Open Masters 1000 title.
The 81st Italian Open was held in Rome, the capital of Italy, from 6 -19 May, 2024.
The Italian Open is for both men’s and women’s tennis players.

Solution: Option A.)

Ans (A)
The world no 3 ranked Indian badminton pair of Satwiksairaj Rankireddy and Chirag Shetty won the Thailand Open 2024 badminton men’s doubles title by defeating the Chinese duo of Chen Bo Yang and Liu Yi in the final.
The Indian pair defeated the world’s 29th-ranked Chinese pair 21-15, 21-15, in 46 minutes in the final at the Nimibutr Stadium in Bangkok, Thailand.
The Thailand Open was held in Bangkok from 14 to 19 May 2024.

Solution: Option D.)

Ans (D)
Two-time world champions Nikhat Zareen and Minakshi won two gold medals for India in the 3rd Elorda Cup 2024.
The Indian contingent finished the Elorda Cup with 12 medals—2 gold, 2 silver, and 8 bronze.
The 3rd Elorda Cup was held in Kazakhstan’s capital city of Astana.
Nikhat Zareen defeated Kazakhstan’s Zhazira Urakbayeva 5-0 in the final.
Indian men won 4 medals, while the women boxer bagged 8 medals.

Solution: Option C.)

Ans (C)
Every year, 20 May is observed as World Refugee Day.
In 1975, the Organisation of African Unity (OAU) passed a resolution to observe 20 May as African Refugee Day to pay tribute to the resilience of those who had been forcibly displaced in Africa due to conflict.
The first World Refugee Day was observed on 20 May 2001.
2001 also marked the 50th anniversary of the 1951 Refugee Convention and the 967 Protocol.
The theme for the 2024 World Refugee Day is: Hope Away from Home
The UNHCR, or the UN Refugee Agency, was set up as the Office of the High Commissioner for Refugees by the United Nations to deal with the refugee crisis created by the Second World War.
It came into existence on 14 December 1950.

Solution: Option B.)

Ans (B)
Bank of Maharashtra has emerged as a top performer among public sector banks, showcasing impressive growth in total business and deposit mobilization.
With a 15.94% rise in total business and a 15.66% increase in deposits, it outshines competitors like State Bank of India.
Bank of Maharashtra also maintained its leading position in terms of deposit mobilization growth, achieving a notable 15.66% rise in the last fiscal year.
This places it ahead of other major players like SBI, Bank of India, and Canara Bank, all of whom registered growth rates below 12%.
Out of the 12 public sector banks, only four managed to achieve double-digit growth in deposits during this period.

Solution: Option A.)

Ans (A)
A Japanese consortium unveiled the world’s first high-speed 6G prototype gadget, surpassing 5G by 20 times.
Developed by DOCOMO, NTT, NEC, and Fujitsu, it can transmit data over 300 feet at 100 Gbps, tested successfully indoors and outdoors.
However, 6G is still in developmental stages and not ready for commercial use.
Despite its impressive speeds, there are inherent drawbacks in network technology.

Solution: Option D.)

Ans (D)
The Reserve Bank of India (RBI) has given its nod for the appointment of Pradeep Natarajan as Whole Time Director on the Board of IDFC FIRST Bank, marking a significant development for the private sector lender.

Solution: Option D.)

Ans (D)
SBI General Insurance has launched “Surety Bond Bima”, a product designed to secure infrastructure projects by protecting contractors and principals from breaches during bidding and performance stages.
Variants –
Conditional Bonds: Pay a specified sum to the beneficiary upon claim when specific conditions are met.
Unconditional Bonds: Allow the beneficiary to claim the money with minimal conditions.