Home » Daily Current Affairs Quiz – 03rd & 04th December 2023

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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 03rd & 04th December 2023. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2023 & other competitive exams can make use of these Current Affairs Quiz.

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1) In order to collaborate and share information on the Clearing Corporation of India Ltd. (CCIL), the Reserve Bank of India (RBI) and the Bank of England (BoE) signed a Memorandum of Understanding (MoU). Which year did CCIL become officially recognized as a “TC-CCP”?

(a) 2015

(b) 2017

(d) 2016

(e) 2019

2) SEBI approves Jana Small Finance Bank’s initial public offering (IPO).How many crores of equity shares, each having a face value of Rs. 10, are being issued in the IPO?

(a) Rs.545crore

(b) Rs.525crore

(d) Rs.565crore

(e) Rs.555crore

3) In October, BharatPe reported a Total Payments Volume (TPV) for its payment products of more than how many crores per month?

(a) Rs.12000crore

(b) Rs.10000crore

(d) Rs.14000crore

(e) Rs.16000crore

4) “Health Supercharge” is a new initiative by Tata AIG General Insurance Company that offers comprehensive health coverage. The quantity insured offered by Tata AIG Health Supercharge ranges from ₹5 lakhs to how many lakhs?

(a) Rs.10 lakhs

(b) Rs.20 lakhs

(d) Rs.15 lakhs

(e) Rs.25 lakhs

5) An ‘Aarogya Maitri Aid Cube’, the world’s first mobile hospital, was revealed in Gurugram. How many detachable mini-cubes, each serving as a specialized station for humanitarian relief and emergency response, make up an aid system?

(a) 70

(b) 74

(d) 76

(e) 78

6) At which COP climate summit does the PM introduce the Green Credit Initiative, which aims to change global environmental policies?

(a) COP27

(b) COP25

(d) COP29

(e) COP24

7) Pralhad Joshi, the Union Minister of Coal and Mines, opened the first-ever 20-block critical mineral auction procedure. How many mineral blocks are needed to grant a mining lease?

(a) 5

(b) 4

(d) 8

(e) 10

8) The MNCs are permitted by Indian Railways to install their own Kavach anti-train collision system on the network. What country’s Kyosan and Germany’s Siemens are the two recently authorized Kavach deployment companies?

(a) USA

(b) China

(d) UK

(e) Russia

9) In Asia, where most communities are still conservative, Taiwan is the only other nation where same-sex marriage is permitted. Which country was the first in South Asia to formally legalize same-sex unions?

(a) Bhutan

(b) Nepal

(d) Myanmmar

(e) Sri lanka

10) To improve cyber security in artificial intelligence (AI), how many countries support new global guidelines created by the United States and the United Kingdom?

(a) 15

(b) 16

(d) 18

(e) 20

11) A first-of-its-kind biodiversity park was pioneered by Delhi Government School to promote green practices and ecosystem education. How many distinct species of plants suitable for winter, summer, and all-season growth are planned for the park?

(a) 111

(b) 112

(d) 115

(e) 116

12) Nagaland is preparing for the start of the 24th Hornbill Festival in 2023 at Kisama’s Naga Heritage Village. Which state has been selected to be the 24th Hornbill Festival Partner State?

(a) Bihar

(b) Assam

(d) Tripura

(e) Meghalaya

13) For how many years does the Karnataka government work with Meta to provide internet safety training?

(a) 3years

(b) 2years

(d) 4years

(e) 5years

14) In which state is Ama Bank targeting 4,373 gram panchayats that lack access to banking as part of the financial inclusion program?

(a) Rajasthan

(b) Uttar Pradesh

(d) Nagaland

(e) Odisha

15) Which state has appointed Veera Rana as its second female officer to the position of chief secretary?

(a) Rajasthan

(b) Uttar Pradesh

(d) West Bengal

(e) Odisha

16) The RBI has approved SBI Mutual Fund’s acquisition of a 9.99% stake in Karur Vysya Bank (KVB). Which year was KVB founded?

(a) 1915

(b) 1916

(d) 1914

(e) 1920

17) By the end of 2024, the National Aeronautics and Space Administration (NASA) intends to prepare an Indian astronaut for an ISS trip.Which year does NASA intend to decommission the ISS?

(a) 2030

(b) 2035

(d) 2031

(e) 2038

18) In November of this year, the amount of coal produced by commercial coal mines remained approximately 12 million tonnes, representing an increase of what percentage over the previous year?

(a) 35%

(b) 36%

(d) 39%

(e) 33%

19) Which year was the Indian Navy founded by the East India Company?

(a) 1613

(b) 1612

(d) 1616

(e) 1618

20) Which nation passed the National Disability Insurance Scheme in 2013 as a first step toward the wellbeing of its disabled citizens?

(a) US

(b) UK

(d) Germany

(e) Canada

21) Which sport does Vaishali Rameshbabu belong to?

(a) Baseball

(b) Archery

(d) Badminton

(e) Cricket

22) How much billion US dollars did India’s foreign exchange reserves increase by 2.538 billion US dollars?

(a) $597.935billion

(b) $537.935billion

(d) $567.935billion

(e) $587.935billion

23) What percentage of the November revenue was more than the GST revenue during the same month the previous year?

(a) 12%

(b) 10%

(d) 18%

(e) 20%

24) Which year did Prime Minister Modi encourage ISRO scientists to establish the Indian Space Station and send an Indian astronaut to the moon by 2040?

(a) 2030

(b) 2035

(d) 2032

(e) 2031

25) Which state’s native animal is the Mithun?

(a) Rajasthan

(b) Uttar Pradesh

(d) Nagaland

(e) Odisha

Answers :

1) Answer: B

This MoU comes against the backdrop of ESMA withdrawing recognition for 6 CCPs from India – CCIL, Indian Clearing Corporation Limited., NSE Clearing Ltd., Multi Commodity Exchange Clearing Ltd., India International Clearing Corporation, and NSE IFSC Clearing Corporation Ltd. with effect from April 30, 2023, as certain conditions under the European Market Infrastructure Regulation (EMIR) were not met.CCIL had obtained recognition as a “TC-CCP” under the “EMIR”, consequent upon recognition of India as an equivalent regime by European Commission’s decision dated December 15, 2016. The recognition of CCIL as a “TC-CCP” was effective from March 29, 2017.

2) Answer: C

Jana Small Finance Bank, backed by TPG Capital, has received approval from the Securities & Exchange Board of India (SEBI) for its initial public offering (IPO).The IPO comprises a fresh issue of equity shares worth Rs 575 crore with a face value of Rs 10 each.Additionally, there is an offer for sale of up to 4.05 million shares by existing shareholders and promoters.Jana Small Finance Bank, upon successful listing, will become the 7th small finance bank (SFB) to be listed on the stock exchange.

3) Answer: D

The company also reduced its cash burn, which was averaging Rs 60 crore a month in FY23, to attain a positive Ebitda.EBITDA, or earnings before interest, taxes, depreciation, and amortization, is an alternative measure of a company’s overall financial performance.In October,2023 BharatPe facilitated loans exceeding Rs 640 crores for its merchants in partnership with its NBFC partners, a year-on-year growth of 36 percent. BharatPe facilitated loans totaling over Rs 12,400 crores since its foray into this segment in late 2019.BharatPe also recorded a monthly Total Payments Volume (TPV) of over Rs 14,000 crore across its payment products in October.

4) Answer: B

TATA AIG General Insurance Company Limited introduced “Health Supercharge” with the aim of offering a fivefold enhancement in health insurance coverage, addressing the dynamic nature of health-related uncertainties. The new plan caters to the healthcare needs of families residing in Tier I to Tier IV locations, ensuring inclusivity across various geographical segments.Tata AIG Health Supercharge offers a sum insured ranging from ₹5 lakhs to ₹20 lakhs. Customers can choose from two plan variants, namely the Value Plan and Geo Plan, based on their geographical location.

5) Answer: C

The World’s first portable hospital, ‘Aarogya Maitri Aid Cube’ was unveiled in Gurugram. Designed indigenously under the Project ‘BHISHM’, the modular trauma management and aid system is made up of 72 detachable mini-cubes, each being a specialized station for emergency response and humanitarian efforts.It can handle bullet injuries, burns, head, spinal and chest injuries, minor surgeries, fractures and major bleeding.It can treat as many as 200 patients.

6) Answer: C

Prime Minister Narendra Modi launched the ‘Green Credit Initiative,’ a pathbreaking program aimed at reshaping global environmental policies. He also launched the official portal of the Green credit initiative at COP28. The Prime Minister highlighted the limitations of the current carbon credit system, influenced by commercial interests and lacking a sense of social responsibility, paving the way for a new philosophy embodied in the ‘Green Credit’ concept.The ‘Green Credit Initiative’ has garnered international support, with leaders expressing enthusiasm and commitment to the cause.

7) Answer: B

A total of 20 critical mineral blocks will be auctioned in the first tranche, out of which 16 mineral blocks are put up for grant of Composite Licence and four mineral blocks for grant of Mining Lease.SBI Capital Markets Limited and MECL are assisting the Ministry of Mines in conducting the auction process as a Transaction Advisor and Technical Advisor, respectively.The Government is committed to bring more blocks of critical mineral blocks to auction in a phased manner.It will also help boost India’s economy, enhance national security and transition to a clean energy future.The auction will be held online in two stages.

8) Answer: C

India’s ability to deploy automatic train collision avoidance systems – Kavach – is expected to get a fillip with global companies getting approvals to install it on the national transporter.Germany’s Siemens and Japan’s Kyosan are the two new approved Kavach deployment companies. Railways Minister Ashwini Vaishnaw Kavach deployment will increase to 5000 kilometers (kms) per annum in the financial year 2025-26, up from 1500 kms annually.Tenders to install Kavach over 3000 kms were awarded in December last year.

9) Answer: B

Nepal has become the first South Asian country to officially register same-sex marriage.The marriage between 36-year-old Ram Bahadur (Maya) Gurun and Surendra Pandey has been registered in Nepal.The registration of same-sex marriage in Nepal is facilitated by an interim order from the Supreme Court, which supports the legal recognition of marriages between same-sex couples.The marriage registration certificate has been issued in compliance with the Supreme Court’s interim order and following the instructions from relevant government authorities.

10) Answer: D

18 countries endorsed new global guidelines, developed by the United States (US) and the United Kingdom (UK), to make artificial intelligence (AI) “secure by design” and “raise the AI cybersecurity bar.The Guidelines for Secure AI System Development deal with secure design, development, deployment and operation and maintenance of AI systems.The guidelines were formulated by the UK’s National Cyber Security Centre (NCSC) and the US’s Cybersecurity and Infrastructure Security Agency (CISA).They aim to “raise the cybersecurity levels of artificial intelligence and help ensure that it is designed, developed, and deployed securely.These comprise agencies from the US, UK, France, Germany, Australia, Canada, Norway, Israel, Japan, South Korea, Singapore, Italy, New Zealand, Poland, Chile, Czechia, Estonia and Nigeria.

11) Answer: C

The initiative to create the biodiversity park is a collaboration between the Delhi Department of Education (DoE) and the tourism department.This biodiversity park is the first-of-its-kind in Delhi schools, showcasing a novel approach to integrating environmental education and practical learning.The tourism department is responsible for executing the project, highlighting intedepartmental cooperation for educational and environmental initiatives.The park is set to have 113 different species of plants suitable for winter, summer, and all-season growth.Biosphere reserves are the protected areas meant for the conservation of plants and animals.

12) Answer: B

The United States of America (USA), Germany, and Colombia are the Country Partners, and Assam is the Partner State for the 24th Hornbill Festival.Governor of Nagaland, La Ganesan, and Chief Minister Neiphiu Rio were the Chief Guests at the festival.The main hornbill stage will showcase 40 bands and acts, featuring a total of 800 artistsBands from Germany, the United States of America (USA), Colombia, and South Korea are participating in the festival.For the first time, there will be an exhibition featuring Mithun and Tenyi Vo.Tenyi Vo is a native breed of pig from rural Nagaland, and Mithun is the State animal of Nagaland.

13) Answer: B

Meta, the parent company of Instagram and Facebook, has entered into a two-year partnership with the Karnataka government with an aim to focus on digital education and online user safety for students in Karnataka.The Karnataka government is working on launching a comprehensive blueprint to equip students with digital skills, enhancing their employability.Under the partnership, Meta will collaborate with the IT-BT Ministry to jointly develop a WhatsApp chatbot for delivering information services across various government departments.The primary objectives include streamlining citizen communication and creating a digital safety chatbot for citizen awareness.

14) Answer: E

Odisha Chief Minister (CM) Shri Naveen Patnaik has inaugurated Ama Bank, a banking initiative aimed at providing services through Customer Service Points (CSP).The initiative will be implemented in phases, with 750 panchayats receiving banking services through CSP outlets in the first phase. The remaining panchayats are scheduled to be covered by March 2024.The CSP Plus banking outlets will play a crucial role in empowering people, especially in providing credit for small businesses.These outlets are expected to offer 15 banking services, and special provisions will be made to provide doorstep services to specific groups such as the elderly, differently-abled persons, and pregnant women.

15) Answer: C

Senior Indian Administrative Service (IAS) officer Veera Rana, from the 1988 batch, has been appointed the Chief Secretary of Madhya Pradesh (MP) as an additional charge.Veera Rana’s appointment marks the 2nd time a woman officer has taken on the role of Chief Secretary in Madhya Pradesh.The first woman to hold this position was Nirmala Buch, a 1960 batch officer, during the BJP government in 1991.She was chief secretary till January 1, 1993.Iqbal Singh Bains, the current Chief Secretary of Madhya Pradesh, is set to retire from government service on November 30, 2023.

16) Answer: B

SBI MF is mandated to ensure that its aggregate holding in Karur Vysya Bank does not exceed 9.99% of the paid-up share capital or voting rights at any given time.If the aggregate holding falls below 5%, SBI MF needs prior approval from RBI to increase it to 5% or more of the paid-up share capital or voting rights of Karur Vysya Bank.About Karur Vysya Bank :

Established : 1916
Headquarters : Karur, Tamil Nadu
MD & CEO : Mr. Ramesh Babu
Tagline : Smart way to Bank
Karur Vysya Bank is a Scheduled Commercial Bank.

17) Answer: D

NISAR is a Low Earth Orbit (LEO) observatory that will measure Earth’s changing ecosystems, dynamic surfaces, and ice masses.The selection will likely be from among the four persons who have undergone basic space astronaut training in preparation for the Gaganyaan mission. The science objectives for the two-week long mission will be decided by India.The first space travel by an Indian citizen after Rakesh Sharma’s pioneering journey in 1984 is likely to take place next year.NASA plans to decommission the ISS by 2031.

18) Answer: C

The Coal production from commercial coal mines remained around 12 million tonnes in November this year, with a growth of 37 per cent compared to last year.Union Coal Ministry, the average daily coal dispatch from such mines is also the highest ever with 4.3 lakh tonnes per day. Coal production and dispatch from captive and commercial coal blocks has shown a remarkable growth during April to November this year. The total coal production from these commercial coal mines during the same period was around 83 million tonnes, while the total coal dispatch was over 89 million tonnes.

19) Answer: B

Indian Navy Day 2023 is observed on the 4th of December 2023The Indian Navy was established by the East India Company in 1612.Indo-Pakistan took place in 1971. During the war, Pakistan launched an attack on December 3 on Indian air bases.In response to their offensive attacks, the Indian Navy planned an attack on the night of December 4 & and 5, as Pakistan didn’t have the aircraft to carry out bombings

20) Answer: C

International Day of Persons with Disabilities 2023 is observed on the 3rd of December 2023.The theme for 2023 is ‘United in action to rescue and achieve the sustainable development goals for, with and by persons with disabilities’.The first Paralympic games were hosted in 1960.In 1992 The International Day of People with Disability was proclaimed by the United Nations.In 2013 Australia was the first country to pass the National Disability Insurance Scheme for the welfare of people with disabilities.

21) Answer: C

In a historic achievement for Indian chess, Vaishali Rameshbabu secured her grandmaster title by crossing 2,500 International Chess Federation (FIDE) ranking points during the IV El Llobregat Open in Spain.Vaishali has defeated Turkish Tamer Tarik Selbes (2238) in the second round to surpass rating and has started the tournament with two consecutive wins.She has now become the third Indian female player to achieve this prestigious title, joining the elite company of Koneru Humpy and Harika Dronavalli.

22) Answer: A

The Reserve Bank of India (RBI), India’s foreign exchange reserves increased by 2.538 billion US dollar to 597.935 billion US dollar for the week ended 24th November.In the previous reporting week, the overall reserves had jumped 5.077 billion US dollar to 595.397 billion US dollar.According to the Weekly Statistical Supplement released by the RBI for the week ended 24th November, the foreign currency assets, a major component of the reserves, increased by 2.14 billion US dollar to 528.531 billion US dollar.The apex bank Gold reserves were up 296 million US dollar to 46.338 billion US dollar during the weekThe Special Drawing Rights (SDRs) were up 87 million US dollars to 18.218 billion US dollars.

23) Answer: C

The gross Goods and Services Tax, GST revenue collection in the month of November this year stood at around one lakh 68 thousand crore rupees. The revenue for the month of November is 15 per cent higher than the GST revenue in the same month of last year and the highest for any month year-on-year during this financial year. Finance Ministry, out of the total GST revenue collected in November, Central Goods and Services Tax, CGST collection is 30 thousand 420 crore rupees, State Goods and Services Tax, SGST is 38 thousand 226 crore rupees, Integrated Goods and Services Tax, IGST is around 87 thousand crore rupees and and cess is 12 thousand 274 crore rupees.

24) Answer: B

India is planning its space station, named Bharatiya Antariksha Station, to be built and operated by the Indian Space Research Organisation (ISRO).Expected to be completed by 2035, as per Prime Minister Modi’s call to ISRO scientists.Prime Minister Modi urged ISRO scientists to set up an Indian Space Station by 2035 and send an Indian to the moon by 2040.The Indian space station will be smaller than the International Space Station (ISS).It will have a mass of 20 tonnes (ISS – 450 tonnes and Chinese Tiangong Space Station – 100 tonnes) and will be used for microgravity experiments.It will orbit Earth at an altitude of around 400 km.

25) Answer: D

The main hornbill stage will showcase 40 bands and acts, featuring a total of 800 artists.Bands from Germany, the United States of America (USA), Colombia, and South Korea are participating in the festival.For the first time, there will be an exhibition featuring Mithun and Tenyi Vo.Tenyi Vo is a native breed of pig from rural Nagaland, and Mithun is the State animal of Nagaland.Nagaland Beekeeping and Honey Mission are launching the first ‘Bee tourism’ to showcase Nagaland’s rich beekeeping tradition.Highlights of the 10 days festival includes daily performances of 18 cultural troupes.

Daily Current Affairs Quiz – 03rd & 04th December 2023

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