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- In which state, the 14th edition of the India – United States of America (USA) Joint Special Forces exercise ‘Vajra Prahar 2023’ was commenced on 21st November 2023?
1) West Bengal
2) Uttarakhand
3) Gujarat
4) Maharashtra
5) MeghalayaAnswer-5) Meghalaya
Explanation:
The 14th edition of the India – United States of America(USA) Joint Special Forces exercise, Vajra Prahar 2023, commenced at the Joint Training Node in Umroi Cantonment, located in Ri Bhoi district of the north eastern state of Meghalaya.
i. The 2023 edition is a 21-day (3-week) training program happening from 21st November 2023 to 11th December 2023.
ii. The Indian Army (IA) contingent is led by Special Forces personnel from the Eastern Command.
iii. The US contingent is being represented by personnel from the 1st Special Forces Group (SFG) of US Special Forces. - Which of the following points is/are “correct” with respect to the recent launch/announcement made by Securities and Exchange Board of India (SEBI) in November 2023?
A) Madhabi Puri Buch, the Chairperson of the Securities and Exchange Board of India (SEBI), has officially launched the Investor Risk Reduction Access (IRRA) platform at the Bombay Stock Exchange (BSE).
B) The Securities and Exchange Board of India (SEBI) announced the elimination of the requirement to freeze folios lacking PAN, KYC details, and nominations for all holders of physical securities.
C) Unifi Capital announced that it has received in-principle approval from the capital markets regulator, SEBI, to establish a mutual fund house.
1) All A, B & C
2) Only A & B
3) Only B & C
4) Only A & C
5) Only AAnswer-1) All A, B & C
Explanation:
Madhabi Puri Buch, the Chairperson of the Securities and Exchange Board of India (SEBI), has officially launched the Investor Risk Reduction Access (IRRA) platform at the Bombay Stock Exchange (BSE).
The IRRA platform, initiated by Market Infrastructure Institutions (MIIs) under SEBI’s guidance, aims to reduce risks faced by investors in the event of technical glitches at Trading Member (TM) ends, both at the Primary and Disaster Recovery sites.
The soft launch of the IRRA platform took place on October 3, 2023, with official launch occurring on November 20, 2023 for the benefit of investors.
This platform is specifically designed for trading members supporting Internet-based trading (IBT) and Security Trading through Wireless Technology (STWT) for their investors.
i. The Securities and Exchange Board of India (SEBI), the capital markets regulator, announced the elimination of the requirement to freeze folios lacking PAN, KYC details, and nominations for all holders of physical securities.
ii. Portfolio management firm Unifi Capital announced that it has received in-principle approval from the capital markets regulator, SEBI, to establish a mutual fund house.
The company had submitted an application to SEBI in December 2020 seeking a mutual fund licence.
Unifi Capital, based in Chennai, stated that it has obtained SEBI’s in-principle approval to initiate its mutual fund business. - In November 2023, the ICRA Limited projected India’s Gross Domestic Product (GDP) to grow at ______ in the second quarter of FY 2024 (Q2FY24).
1) 6.9%
2) 6.5%
3) 8%
4) 8.3%
5) 7%Answer-5) 7%
Explanation:
According to the ICRA Limited (formerly Investment Information and Credit Rating Agency of India Limited), India’s Gross Domestic Product (GDP) for the second quarter of FY 2024 (Q2FY24) is estimated to grow at 7%, surpassing the Reserve Bank of India’s (RBI) Monetary Policy Committee’s (MPC) forecast of 6.5%. However, this growth was 7.8% in (April to June 2023) Q1FY24.
i. The Gross Value Added (GVA) growth will ease to 6.8% in (July-September 2023) Q2, driven by the services sector at 8.2%, agriculture at 3.5%, and industry at 6.6%.
ii. ICRA maintains a GDP growth estimate of 6% for FY24, projecting a slightly lower figure than the MPC’s projection of 6.5%. - Name the book that was originally written in Tamil as “Aalanda Patchi” by Perumal Murugan, won the 2023 JCB Prize for Literature in November 2023.
1) Poonachi or the Story of a Goat
2) Seasons of the Palm
3) Fire Bird
4) I Named my Sister Silence
5) A Lonely HarvestAnswer-3) Fire Bird
Explanation:
Fire Bird, originally written in Tamil as “Aalanda Patchi” by renowned Tamil Writer Perumal Murugan won the 2023 JCB Prize for Literature. The book was translated into English by Janani Kannan and was published by Penguin Random House India.
i. The book explores themes of displacement and the human desire for stability in a changing world.
ii. Fire Bird is the 5th translated work to win JCB Prize for Literature.
Note: Aalanda Patchi was first published in 2012 by Kalachuvadu Publications Pvt Ltd - Name the personality who has recently (in Nov ‘23) appointed as the Brand Ambassador of West Bengal?
1) Sourav Ganguly
2) Shah Rukh Khan
3) Leander Paes
4) Mithun Chakraborty
5) Amartya SenAnswer-1) Sourav Ganguly
Explanation:
Mamata Banerjee, Chief Minister (CM) of West Bengal (WB) named former Indian cricketer and Padma Shri Awardee Sourav Ganguly as the “Brand Ambassador of West Bengal and handed over the Appointment letter.
The announcement was made during the 7th edition of the Bengal Global Business Summit (BGBS 2023) held in Kolkata(WB).
Sourav Ganguly, popularly known as “Dada ” or “Prince of Kolkata ”, represented India from 1992 to 2008. In 1998, he received the Arjuna Award(Cricket), for his outstanding achievements in sports.
In 2004, he was honoured with the Padma Shri in the field of Sports.
Note: Prior to this appointment, renowned Bollywood Actor Shah Rukh Khan has been serving as the brand ambassador of Bengal since 2012. - Which bank has recently (in Nov ‘23) appointed Lakshmi Ramakrishna Srinivas as the Additional Director?
1) RBL Bank
2) Tamilnad Mercantile Bank
3) South Indian Bank
4) IDFC FIRST Bank
5) City Union BankAnswer-3) South Indian Bank
Explanation:
Lakshmi Ramakrishna Srinivas was appointed as the Additional Director of the South Indian Bank Limited, a Private Sector Bank headquartered in Thrissur, Kerala. She was appointed as a non-executive Independent Director (ID) for a 3-year term from November 20, 2023.
i. Lakshmi Ramakrishna Srinivas started her banking career as a Probationary Officer(PO) in State Bank of India(SBI) in 1985 and retired as the Chief General Manager & Head-Strategic Training Unit(STU), SBI in June 2023.
ii. She also served as Director of State Bank Staff College (SBSC), Hyderabad, Telangana. - The Competition Commission of India (CCI) has recently (in Nov ‘23) approved the acquisition of _________ share capital of CaratLane Trading Private Limited (CaratLane) by Titan Company Limited.
1) 20.19%
2) 24.39%
3) 36.23%
4) 40.21%
5) 27.18%Answer-5) 27.18%
Explanation:
The Competition Commission of India (CCI) has approved the acquisition of 27.18% share capital of CaratLane Trading Private Limited (CaratLane) by Titan Company Limited (Titan) on a fully diluted basis, from Mithun Padam Sacheti, Siddhartha Padam Sacheti, and Padamchand Sacheti.
i. Titan has acquired 91.90 lakh equity shares in CaratLane for a cash consideration of Rs 4621 crore.
ii. This acquisition increased Titan’s stake in CaratLane to 98.28% from 71.09%.
iii. CaratLane is a subsidiary of Titan and has been in a strategic vendor relationship with Tanishq since 2010. It was founded in 2008 by Mithun Sacheti. - In November 2023, the Defence Research and Development Organisation (DRDO) & the Indian Navy (IN) successfully conducted the 2nd Flight test of Naval Anti-Ship Missile-Short Range (NASM-SR) from IN’s __________ Maritime Helicopter.
1) Sikorsky SH-3
2) Kamov Ka-25
3) Hawk Mk 132
4) Seaking 42B
5) Ilyushin Il-38Answer-4) Seaking 42B
Explanation:
On 21st November 2023, the Defence Research and Development Organisation (DRDO) in cooperation with the Indian Navy (IN) successfully tested the indigenously designed & developed Guided Naval Anti-Ship Missile-Short Range (NASM-SR) from IN’s Seaking 42B Maritime Helicopter.
This marked the 2nd test of the missile, which was first tested at the Integrated Test Range (ITR) in Balasore, Odisha on 18 May 2022, from an IN Seaking Mk42B helicopter.
The test involved the firing of the missile from a Seaking 42B helicopter, showcasing its precision guidance technology.
i. The NASM-SR is a helicopter-fired missile capable of destroying small boats or Offshore Patrol Vessels (OPVs) at a maximum range of 55 kilometers while traveling at 0.8 Mach (slower than the speed of sound).
ii. It is the first indigenous air-launched anti-ship missile system developed for the Indian Navy and is India’s version of the Harpoon Anti-Ship Missile. - In which state, a new species of music frog ‘Nidirana Noadihing’ (Noa-Dihing music frog) was discovered in November 2023?
1) Tripura
2) Odisha
3) West Bengal
4) Mizoram
5) Arunachal PradeshAnswer-5) Arunachal Pradesh
Explanation:
A new species of music frog ‘Nidirana Noadihing’ (Noa-Dihing music frog) was discovered near the Namdapha Tiger Reserve in Gandhigram, Arunachal Pradesh.
i. The discovery was made by a team of scientists from the Wildlife Institute of India (Uttarakhand), the University of Wolverhampton (United Kingdom – UK), and the Arunachal Pradesh Forest Department.
ii. The scientists claimed in an article published in the November 15 edition of the journal Zootaxa.
iii. The new species was named after the Noa-Dihing River, where the specimens were discovered.
iv. The discovery of the Noa-Dihing music frog validates the presence of the genus Nidirana from India. - In November 2023, Padma Awardee and an eminent vitreoretinal surgeon, ____________, the founder of Sankara Nethralaya Academy, passed away.
1) SS Badrinath
2) Anuja R Singh
3) Smita Praveen
4) Atheeshwar Das
5) Sajeev CherianAnswer- 1) SS Badrinath
Explanation:
Padma Awardee and an eminent vitreoretinal surgeon, Sengamedu Srinivasa (SS) Badrinath, the founder of Sankara Nethralaya Academy, passed away at the age of 83 in Chennai, Tamil Nadu. He was born on 24th February 1940 in Triplicane, Madras Presidency (Now Chennai, TN).
i. In 2010, He became the 1st Indian to receive the Doctor of Science (Honoris Causa) award.
ii. In 1978, he founded Sankara Nethralaya Academy, a unit of the Medical Research Foundation. He also served as President & Chairman Emeritus of the Medical Research Foundation.
iii. The Government of India honoured him with Padma Shri, the 4th highest civilian award in 1983 and Padma Bhushan, the 3rd highest civilian award in 1999 for his contribution to the field of Medicine.
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