Here are ten challenging current affairs MCQs for May 7, 2024, along with answer choices (A, B, C, D) and detailed explanations:
- Question: Which Indian state recently suspended the licenses of 14 products from Patanjali Ayurveda due to misleading advertisements?
- A) Maharashtra
- B) Uttarakhand
- C) Kerala
- D) Gujarat
- Question: Who holds the record for winning the most matches in the history of the Indian Premier League (IPL) after playing 150 matches?
- A) Virat Kohli
- B) Rohit Sharma
- C) Mahendra Singh Dhoni
- D) Dinesh Karthik
- Question: Which psychological phenomenon in investing is characterized by overconfidence and a false perception of expertise, often leading investors to base decisions on limited or biased information?
- A) Euphoria bias
- B) Anchoring bias
- C) Hubristic bias
- D) Confirmation bias
- Question: Which bank has recently become part of India’s top 5 companies with a market capitalization of over 8 trillion rupees?
- A) ICICI Bank
- B) IndusInd Bank
- C) HDFC Bank
- D) Kotak Mahindra Bank
- Question: On which date is World Laughter Day celebrated?
- A) May 3
- B) May 4
- C) May 5
- D) May 6
- Question: Which Indian states are embroiled in disputes regarding the Mullaperiyar Dam?
- A) Tamil Nadu and Kerala
- B) Kerala and Karnataka
- C) Tamil Nadu and Karnataka
- D) Andhra Pradesh and Tamil Nadu
- Question: In which country does the continuous natural lightning phenomenon known as Catatumbo lightning primarily occur?
- A) Brazil
- B) Argentina
- C) Venezuela
- D) Colombia
- Question: Which of the following countries does India have a Free Trade Agreement (FTA) with?
- A) United States
- B) France
- C) Republic of Korea
- D) Russia
- Question: According to RBI’s report, what percentage of ₹2000 banknotes have returned to the banking system?
- A) 97.76%
- B) 98.89%
- C) 99.83%
- D) 96.98%
- Question: Which Australian cities are correctly ordered from west to east?
- A) Sydney – Perth – Brisbane – Melbourne
- B) Perth – Melbourne – Sydney – Brisbane
- C) Brisbane – Melbourne – Perth – Sydney
- D) Perth – Brisbane – Sydney – Melbourne
Feel free to review the explanations for each question. These questions are designed to challenge your knowledge and critical thinking skills for the entrance Examinations. 🌟
ANSWERS & EXPLANATIONS
1) Answer: B) Uttarakhand Explanation: The Uttarakhand government suspended the manufacturing licenses of 14 products from Patanjali Ayurved, founded by Baba Ramdev, citing misleading advertisements about their efficacy. This action was taken to ensure compliance with regulations regarding truthful advertising in the health sector.
2) Answer: B) Rohit Sharma Explanation: Rohit Sharma became the first player in IPL history to win the most matches (106) after playing 150 matches.
3) Answer: C) Hubristic bias Explanation: Hubristic bias refers to overconfidence and false expertise.
4) Answer: A) ICICI Bank Explanation: ICICI Bank has joined the top 5 companies in India with a market capitalization of over 8 trillion rupees.
5) Answer: C) May 5 Explanation: World Laughter Day is celebrated on May
6) Answer: A) Tamil Nadu and Kerala Explanation: The Mullaperiyar Dam dispute involves Tamil Nadu and Kerala over water-sharing rights and safety concerns related to the dam.
7) Answer: C) Venezuela Explanation: Catatumbo lightning occurs over Lake Maracaibo in Venezuela and is characterized by frequent and continuous lightning flashes.
8) Answer: C) Republic of Korea Explanation: India has an FTA with the Republic of Korea to promote trade and economic cooperation.
9) Answer: B) 98.89% Explanation: As per RBI’s report, 98.89% of ₹2000 banknotes have returned to the banking system.
10) Answer: B) Perth – Melbourne – Sydney – Brisbane Explanation: The correct order from west to east is Perth, Melbourne, Sydney, and Brisbane.