Explanation

Silicon Valley Bank (SVB) collapsed suddenly in early March 2023, following a rapid bank run and massive deposit withdrawals—about 81% of its deposits, totaling $142 billion, were withdrawn in just two days.

It was the largest bank failure since the 2008 financial crisis, provoking widespread fears of contagion across the banking sector.

Explanation

In 2022, Turkey hosted direct talks between US and Russian intelligence chiefs.

Ankara played a neutral mediator role amid tensions over the Ukraine war.

Explanation

The referendum proposed to amend the Australian Constitution to establish an Aboriginal and Torres Strait Islander Voice to Parliament.

It was rejected nationally and did not achieve a majority in any state, thus failing to meet the requirements for constitutional change.

Explanation

In 2020–21, India witnessed a massive protest by farmers against three agricultural laws passed by the central government.

Farmers, mainly from Punjab, Haryana, and Uttar Pradesh, camped on the borders of Delhi for months demanding repeal of the laws, which was later done in November 2021.

Explanation

Jamal Khashoggi was a Saudi Arabian journalist and crime reporter who was killed in the Saudi consulate in Istanbul, Turkey, on October 2, 2018. 

He was a prominent critic of the Saudi government.

He had been living in exile in the United States before his murder. 

Khashoggi wrote for The Washington Post.

He was known for his investigative reporting on corruption and human rights abuses in Saudi Arabia.

Explanation

The union between Egypt and Syria in the 1950s was called the United Arab Republic (UAR).

The UAR was a political union that lasted from 1958 to 1961. 

The UAR was formed on February 1, 1958, when Egyptian President Gamal Abdel Nasser and Syrian President Shukri al-Quwatli announced the merger.

The UAR ended on September 28, 1961, when Syria seceded after a military coup.

Egypt continued to use the name "United Arab Republic" until 1971, when it was formally dissolved by Anwar Sadat.

Explanation

The code name for the US operation to kill Osama bin Laden in Abbottabad, Pakistan, was Operation Neptune Spear.

Date: May 1-2, 2011.

Outcome: Bin Laden was killed, and his body was taken for identification and buried at sea.

 The operation was carried out by a team of US Navy SEALs from the United States DEVGRU, also known as SEAL Team Six.

The operation was ordered by President Barack Obama.

Explanation

In May 2024, the Brazilian and Chinese governments proposed a six-point plan: Non-escalation.

Non-escalation, direct negotiation, an international peace conference accepted by both Russia and Ukraine, and discussion of all peace plans.

Humanitarian assistance, exchange of prisoners of war, no attacks on civilians.

Explanation

• Indira Gandhi served as Prime Minister during the Emergency between 1975 to 1977.
• The emergency was a 21 month period where the then President Fakhruddin Ali Ahmed on the advice of Indira Gandhi imposed the Emergency under Article 352 of the Constitution.
• There was massive civil unrest in the country due to many factors such as:
  • 1971 Bangladesh Liberation War
  • Refugees of the war
  • Slow industrial growth 

Explanation

In 2020, the UAE became the first country in the Middle East and North Africa to introduce equal pay for men and women.

The UAE's gender equality law ensures that women have the same rights as men to receive equal pay for work of equal value.