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Daily Current Affairs
Which company has launched India's first auto ETF 2022?
A)
Axis Mutual Fund
B)
Baroda Mutual Fund
C)
Nippon India Mutual Fund
D)
Aditya Birla Sun Life Mutual Fund

Correct Answer :   Nippon India Mutual Fund

Nippon Life India Asset Management Limited (NAM India) asset manager of Nippon India Mutual Fund (NIMF) announce a new fund offer (NFO) for Nippon India Nifty Auto ETF, India’s First Auto sector ETF. The NFO opens on January 5, 2022, and closes on January 14, 2022. The minimum investment amount required is Rs 1,000 and in multiples of Re 1 thereafter.
 
The Nippon India Nifty Auto ETF is an open-ended scheme that tracks the Nifty Auto Index. The ETF will predominantly invest in stocks comprising of the Nifty Auto Index in the same proportion as the index. It will provide exposure to top 15 (as per Nifty Auto Index methodology) companies representing auto-related sectors like Automobiles 4 wheelers, Automobiles 2 & 3 wheelers, auto ancillaries, and tyres.

Published On : January 5, 2022
Recently Updated Current Affairs
Q .
Where was India's largest Climate Clock unveiled for the Earth Day celebration?
A)
Mumbai
B)
New Delhi
C)
Kolkata
D)
Bangalore

Correct Answer : Option (B) - New Delhi

India's largest Climate Clock was unveiled at the Council of Scientific & Industrial Research (CSIR) headquarters in New Delhi for the Earth Day celebration.

CSIR, established in 1942, is dedicated to scientific research and industrial development across various domains, emphasizing its commitment to raising awareness about climate change and its impacts through initiatives like the Climate Clock unveiling.

Published On : April 24, 2024
Q .
When is the World Book and Copyright Day observed every year?
A)
24th April
B)
23rd April
C)
22nd April
D)
21st April

Correct Answer : Option (B) - 23rd April

On April 23, people all over the world celebrate World Book and Copyright Day, also known as International Day of the Book and World Book Day, to spread the joy of reading. This global event celebrates the profound influence that books have on people and societies.

Celebrations are held all over the world on this day to highlight the importance of books and their capacity to inspire, educate, and unite people of all backgrounds. World Book and Copyright Day celebrates literature in all its forms and encourages reading enjoyment. It's also a day to read and think about the future and the past.

World Book And Copyright Day 2024 Theme :

The theme during the current year's World Book and Copyright Day is 'Read Your Way'. The significance of cultivating a passion for reading is emphasised in this theme. The theme inspires people from all walks of life, young and old, to adopt the habit of book reading, and promotes it as an indispensable passion of a person.

Published On : April 23, 2024
Q .
Volcano Mount Erebus was in news recently, in which continent is it located?
A)
Antarctica
B)
Asia
C)
Europe
D)
North America

Correct Answer : Option (A) - Antarctica

Antarctica's most famous active volcano, Mount Erebus, has recently come into the news because of the release of 'gold dust' worth $6000 every day.

Mount Erebus is the second highest and most active volcano in Antarctica and is located on Ross Island in Antarctica.

Published On : April 23, 2024
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