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  • 14March MCQ : Current Affairs Quiz 14March 2024

Today's Current Affairs MCQ (14March 2024)

14March MCQ : Current Affairs Quiz 14March 2024

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Today's Current Affairs MCQ (14March 2024)

In this article, we will discuss all the important Current Affairs MCQs of 14 March with full explanations. Where we will discuss the daily current affairs quiz’s questions and answers. So read all the important 14 March MCQs carefully.

Current Affairs Quiz / 14 March MCQ Current Affairs


14 March Current Affairs MCQ – Questions


1. Under which agreement did India and the Asian Development Bank (ADB) sign a loan for peri-urban development in Ahmedabad?
(a) India-Gujarat Development Accord
(b) Ahmedabad Urban Expansion Partnership
(c) Gujarat Infrastructure Enhancement Pact
(d) India-ADB Loan Agreement for Ahmedabad Peri-Urban Development
2. Under which authority did the RBI impose a monetary penalty on the Bank of India?
(a) Reserve Bank of India Act, 1934
(b) Banking Regulation Act, 1949
(c) Foreign Exchange Management Act, 1999
(d) Prevention of Money Laundering Act, 2002
3. Under which initiative was the Friendship Pipeline Project jointly inaugurated?
(a) SAARC Energy Grid
(b) India-Bangladesh Energy Cooperation
(c) Indo-Pacific Energy Partnership
(d) Friendship Pipeline Initiative
4. Under which theme was Yoga Mahotsav-2024 celebrated?
(a) Yoga for Men’s Health
(b) Yoga for Children’s Well-being
(c) Yoga for Women Empowerment
(d) Yoga for Elderly Care
5. Under which scheme has the Bank of Baroda announced the launch of the Bob Earth Green Term Deposit Scheme?
(a) Bob Prosperity Term Deposit Scheme
(b) Bob Wellness Term Deposit Scheme
(c) Bob Earth Green Term Deposit Scheme
(d) Bob Growth Term Deposit Scheme
6. Which platform has established a dedicated window for promoting ‘Aakanksha’ products from Aspirational Blocks?
(a) Amazon
(b) Flipkart
(c) Alibaba
(d) Government e-Marketplace (GeM)
7. Which company will develop the Outsourced Semiconductor Assembly and Test (OSAT) facility in Morigaon, Assam?
(a) Tata Electronics
(b) Powerchip Semiconductor Manufacturing Corporation (PSMC)
(c) CG Power and Industrial Solutions Limited
(d) Bharat Electronics Limited
8. What is the estimated cost of setting up India’s first semiconductor fabrication facility in Dholera, Gujarat?
(a) Rs 91,000 crore
(b) Rs 76,000 crore
(c) Rs 27,000 crore
(d) Rs 7,500 crore
9. What does “PM-SURAJ” stand for?
(a) Prime Minister’s Scheme for Urban Renewal and Justice
(b) Pradhan Mantri Samajik Utthan evam Rozgar Adharit Jankalyan
(c) Prime Minister’s Social Upliftment and Rural Advancement Jankalyan
(d) Pradhan Mantri Social Unity and Resilience for Adversity Jankalyan
10. Which category of electric vehicles is included in the target support of EMPS 2024?
(a) Four-wheelers (e-4W)
(b) Electric bicycles (e-bikes)
(c) Electric two-wheelers (e-2W)
(d) Electric buses (e-buses)
11. Under which ministry was PB-SHABD launched?
(a) Ministry of Information and Broadcasting
(b) Ministry of Communications
(c) Ministry of Home Affairs
(d) Ministry of External Affairs
12. What does the “NAMASTE” program focus on?
(a) Rural electrification
(b) Women empowerment
(c) Healthcare Access
(d) Mechanized sanitation
13. Who unveiled the logo for ‘Aakanksha’ under the ‘Vocal for Local’ initiative?
(a) Prime Minister of India
(b) Minister of Commerce and Industry
(c) CEO of NITI Aayog
(d) President of India
14. What is the maximum interest rate offered under Bob’s new Term Deposit Scheme launched recently?
(a) 6.75% p.a.
(b) 6.90% p.a.
(c) 7.00% p.a.
(d) 7.15% p.a.
15. Under which scheme will the OSAT facility in Sanand, Gujarat, be set up?
(a) Modified Scheme for Semiconductor Assembly, Testing, Marking, and Packaging (ATMP)
(b) Make in India Scheme
(c) Start-Up India Scheme
(d) Digital India Initiative


14 March MCQs – Answers


1. (d)
India-ADB Loan Agreement for Ahmedabad Peri-Urban Development. This loan agreement, worth $181 million, aims to enhance infrastructure and services in Ahmedabad’s peri-urban areas. It reflects the collaboration between India and ADB to address the city’s urban expansion challenges.
2. (a)
The RBI imposed the monetary penalty on the Bank of India under the authority granted by the Reserve Bank of India Act, 1934.
3. (b)
The Friendship Pipeline Project was jointly inaugurated by Indian Prime Minister Narendra Modi and Bangladesh Premier Sheikh Hasina under the India-Bangladesh Energy Cooperation initiative in March 2023.
4. (c)
The event commemorated the 100-day countdown to IDY-2024 with a specific focus on promoting women’s well-being through yoga, as highlighted by Secretary Ministry of Ayush Vaidya Rajesh Kotecha.
5. (c)
Bank of Baroda has introduced the Bob Earth Green Term Deposit Scheme to raise deposits for financing eligible environment-friendly projects and sectors, supporting India’s transition to a green and sustainable economy.
6. (d)
Government e-Marketplace (GeM) has established a dedicated window for promoting ‘Aakanksha’ products from Aspirational Blocks, facilitating their visibility and accessibility to a wider audience.
7. (a)
ata Electronics will develop the OSAT facility in Morigaon, Assam, with an investment of approximately Rs 27,000 crore. This initiative aims to boost semiconductor manufacturing in the region and contribute to India’s technological growth.
8. (a)
The semiconductor fabrication facility in Dholera, Gujarat, is estimated to cost approximately Rs 91,000 crore. This facility, a collaborative effort between Tata Electronics and Powerchip Semiconductor Manufacturing Corporation (PSMC), aims to bolster India’s semiconductor manufacturing capabilities.z
9. (b)
“PM-SURAJ” stands for Pradhan Mantri Samajik Utthan evam Rozgar Adharit Jankalyan. This portal aims to empower marginalized communities by extending credit support.
10. (c)
EMPS 2024 aims to support the adoption of electric two-wheelers (e-2W) and electric three-wheelers (e-3W), including registered e-rickshaws and e-carts. These categories are specifically targeted to accelerate the transition towards greener mobility options in India.
11. (a)
PB-SHABD, a news-sharing service, was launched under the Ministry of Information and Broadcasting, as announced by Union Minister Anurag Singh Thakur.
12. (d)
The NAMASTE program focuses on Mechanized Sanitation. It includes distributing health cards and PPE kits to sewer and septic tank workers.
13. (c)
The logo for ‘Aakanksha’ was unveiled by the CEO of NITI Aayog as a part of the ‘Vocal for Local’ initiative, aimed at providing a unified identity for indigenous local products.
14. (d)
Bank of Baroda offers an interest rate of up to 7.15% p.a. on deposits ranging from Rs. 5,000 to Below Rs. 2 Crore under the Bob Earth Green Term Deposit Scheme.
15. (a)
The OSAT facility in Sanand, Gujarat, will be set up by CG Power and Industrial Solutions Limited under the Modified Scheme for Semiconductor ATMP. This scheme aims to encourage semiconductor manufacturing in India.



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