Current Affairs - Current Affairs

Exercise : Daily Current Affairs
  • December 2, 2023 Current Affairs
1.
What stake percentage has the Reserve Bank of India (RBI) approved for SBI Mutual Fund (SBI MF) to acquire in Karur Vysya Bank Ltd (KVB)?
9.99%
10.5%
8.5%
12.0%
Answer: Option
Explanation:
RBI has approved SBI Mutual Fund (SBI MF) to acquire up to 9.99% of the paid-up share capital or voting rights of Karur Vysya Bank Ltd (KVB).

2.
Who recently assumed the position of Director General (Inspection and Safety) [DG (I&S)] at Air HQ New Delhi?
Air Marshal Sanjeev Kapoor
Air Marshal Rakesh Kumar Singh Bhadauria
Air Marshal Makarand Ranade
Air Marshal RK Dhir
Answer: Option
Explanation:
Air Marshal Makarand Ranade took over as Director General (Inspection and Safety) at Air HQ New Delhi on December 1, 2023, succeeding Air Marshal Sanjeev Kapoor, who retired after more than 38 years of distinguished service.

3.
As of the first seven months of the financial year 2023-24, what percentage of India's fiscal deficit has been reached in relation to the annual target?
25%
35%
45%
55%
Answer: Option
Explanation:
India's fiscal deficit has reached 45% of the annual target of Rs 17.87 trillion during the period from April to October in the financial year 2023-24.

4.
What is the purpose of Amplifi 2.0, launched by India's Ministry of Housing and Urban Affairs?
To promote cultural events in urban areas
To centralize city data for informed urban policy-making and development
To enhance agricultural practices in rural areas
To facilitate international trade partnerships
Answer: Option
Explanation:
Amplifi 2.0 was launched by India's Ministry of Housing and Urban Affairs to centralize city data to inform urban policy-making and development, empowering academics, researchers, and engaging stakeholders in the process.

5.
Who recently received the PRSI National Award for Outstanding Contributions to the Public Relations Society of India (PRSI) and the public relations industry?
Prathap C. Reddy
Sriram Iyer
Suneeta Reddy
Suganthy Sundararaj
Answer: Option
Explanation:
Suganthy Sundararaj, Regional Head of PR at Apollo Hospitals, was honoured for her significant contributions to the PRSI and the healthcare sector at the International Public Relations Festival in New Delhi.

6.
Who was honoured with the prestigious 'Légion d’Honneur' for significant contributions to space cooperation between France and India?
Thierry Mathou
K. Sivan
VR Lalithambika
Mylswamy Annadurai
Answer: Option
Explanation:
VR Lalithambika, recognized for her vital role in fostering collaboration between CNES and ISRO, received the 'Légion d’Honneur' for her significant contributions to space cooperation between France and India.

7.
When is Nagaland celebrating its 61st Statehood Day?
December 1, 2023
November 30, 2023
December 2, 2023
November 29, 2023
Answer: Option
Explanation:
Nagaland is celebrating its 61st Statehood Day on December 1, 2023, marking a significant milestone in its historical journey as the 16th state of the Union of India since December 1, 1963.

8.
Which pavilion received the prestigious gold medal for "Excellence in Display" in the State Pavilion category at IITF-2023?
Delhi Pavilion
Maharashtra Pavilion
Gujarat Pavilion
Odisha Pavilion
Answer: Option
Explanation:
The Odisha Pavilion at IITF-2023 not only captivated visitors but also secured the gold medal for "Excellence in Display" in the State Pavilion category.

9.
Which organization has been honoured with the SKOCH Gold Award 2023 for its excellence in the power sector?
Ministry of Power
Power Grid Corporation of India Limited
Reliance Power
Tata Power
Answer: Option
Explanation:
Power Grid Corporation of India Limited (PGCIL) received the SKOCH Gold Award 2023 for its groundbreaking Pugalur Thrissur 2000 MW Voltage Source Converter High Voltage Direct Current (HVDC) System.

10.
What is the main reason behind Foxconn's $1.5 billion investment in India?
To support Apple's expansion in the Indian market
To strengthen its presence in China
To diversify its manufacturing beyond China
To compete with technological rivals in India
Answer: Option
Explanation:
Foxconn's investment of $1.5 billion in India is primarily aimed at diversifying its manufacturing beyond China, a strategic move following disruptions in its Chinese operations during the COVID-19 lockdowns in 2022.