Current Affairs - Current Affairs

Exercise : Daily Current Affairs
  • December 5, 2023 Current Affairs
1.
Which entity and team received the "Outstanding Contribution to Brand India" award?
Department of Space and PSLV Development Team
Indian National Space Agency and Team Chandrayaan-2
National Space Society of India and Gaganyaan Team
ISRO and Team Chandrayaan-3
Answer: Option
Explanation:
The "Outstanding Contribution to Brand India" award at the 19th India Business Leader Awards (IBLA) was presented to ISRO and Team Chandrayaan-3 for the historic lunar landing achievement on August 23, making India the first country to reach the Lunar South Pole.

2.
Which organization recently delivered INS Sandhayak, India's largest-ever survey vessel, to the Indian Navy, marking a significant milestone in the indigenous shipbuilding industry?
Garden Reach Shipbuilders and Engineers Ltd
Mazagon Dock Shipbuilders Ltd
Hindustan Shipyard Ltd
Goa Shipyard Ltd
Answer: Option
Explanation:
Garden Reach Shipbuilders and Engineers (GRSE) Ltd delivered INS Sandhayak, India's largest-ever survey vessel, to the Indian Navy, marking a crucial milestone in the indigenous shipbuilding industry.

3.
Which sections of the Banking Regulation Act, of 1949 were cited in the cancellation of the license of Kolhapur's Shankarrao Pujari Nutan Nagari Sahakari Bank?
Sections 11(1) and 22(3)(d)
Sections 5(a) and 55
Sections 5(b) and 56
Sections 21(1) and 60
Answer: Option
Explanation:
The RBI revoked the license of Shankarrao Pujari Nutan Nagari Sahakari Bank under the Banking Regulation Act, 1949 Sections 5(b) and 56, which pertain to deposit acceptance and repayment.

4.
Who secured the title of Best Youth Athlete at the Asian Paralympic Committee awards ceremony during the fourth edition of the Asian Awards in Riyadh?
Radha Sharma
Sheetal Devi
Aryan Singh
Rohit Verma
Answer: Option
Explanation:
Sheetal Devi, the Indian para archer, won the title of Best Youth Athlete at the Asian Paralympic Committee awards ceremony during the fourth edition of the Asian Awards in Riyadh.

5.
Which business group became the fifth conglomerate to breach Rs.10 lakh crore in market capitalization?
Tata Group
Reliance Industries
HDFC Bank
Bajaj Group
Answer: Option
Explanation:
The Bajaj Group achieved a significant milestone on December 4, 2023, by surpassing Rs.10 lakh crore in market capitalization, becoming the fifth conglomerate to achieve this feat, joining the ranks of Tata, Reliance Industries, HDFC Bank, and the Adani Group.

6.
What approach is China's National Financial Regulatory Administration adopting for financial risk management, aiming to address concerns about economic struggles at the provincial level?
Centralized Control Model
Sector-Specific Strategies
'One Province, One Policy' Approach
Nationwide Risk Mitigation
Answer: Option
Explanation:
China's National Financial Regulatory Administration is implementing a 'One Province, One Policy' strategy for financial risk management, focusing on addressing economic concerns at the provincial level, particularly influenced by the effects of Covid Zero policies and a persistent property crisis.

7.
Which word was chosen as the Oxford University Press Word of the Year, reflecting the linguistic choices of Generation Z?
Rizz
Swiftie
Situationship
Prompt
Answer: Option
Explanation:
Oxford University Press has chosen "Rizz" as its Word of the Year, representing the linguistic preferences of Generation Z. The term prevailed over finalists like "Swiftie," "situationship," and "prompt."

8.
On which date is World Soil Day observed annually to recognize the crucial role soil plays in sustaining life on Earth?
December 1
December 5
December 10
December 15
Answer: Option
Explanation:
World Soil Day is observed annually on December 5, emphasizing the essential role soil plays in sustaining life on Earth and promoting awareness about the need to preserve and protect this invaluable resource.

9.
Who has been honoured with the 35th Jimmy George Foundation Award for emerging as the best sportsperson of Kerala?
M. Sreeshankar
P. Prakash
K. Karthik
S. Sudha
Answer: Option
Explanation:
Olympian M. Sreeshankar has been honoured with the 35th Jimmy George Foundation Award for emerging as the best sportsperson of Kerala, recognizing his exceptional achievements in the long jump, including silver medals in the Commonwealth Games and Asian Games.

10.
Which financial institution partnered with Water.org to offer water, sanitation, and hygiene loans in India?
State Bank of India
HDFC Bank
Axis Bank
Ujjivan SFB
Answer: Option
Explanation:
Ujjivan Small Finance Bank (Ujjivan SFB) has formed a strategic partnership with Water.org, a global non-profit, to provide affordable financing for water, sanitation, and hygiene solutions, addressing the critical issues in India, which has the world's highest population.

11.
Which telecommunications company recently became the 8th company to surpass Rs.6 lakh crore market capitalization?
Reliance Jio
Bharti Airtel
Vodafone Idea
BSNL
Answer: Option
Explanation:
Bharti Airtel achieved a significant milestone by becoming the 8th company to surpass Rs.6 lakh crore in market capitalization on December 4, attributed to positive market sentiment.