AffairsCloud brings you the complete and important daily Current Affairs Quiz 24 & 25 December 2023 to achieve more marks in Banking, Insurance, UPSC, SSC, CLAT, Railways and all other competitive Exams. We have prepared the current affairs quiz question from our daily current affairs 2023 updates.
Our Current Affairs December 2023 events will help you to get more marks in Banking, Insurance, SSC, Railways, UPSC, CLAT and all State Government Exams. Also, try our Current Affairs Quiz.
- Which of the following points is/are “correct” with respect to the 1st edition of National Quantum Science and Technology Symposium (NQSTS 2023) held at New Delhi, Delhi in December 2023?
A) Quantum Ecosystems and Technology Council of India (QETCI) and the Ministry of Electronics and Information Technology (MeitY) jointly organised the 1st edition of NQSTS 2023.
B) QETCI released the Quantum Value Chain Report for India and Quantum Security Whitepaper for the Banking, financial services and insurance (BFSI) Segment.
C) QETCI and the Bengaluru Science and Technology (BeST) Cluster, Bengaluru (Karnataka) signed an MoU for strategic partnerships to accelerate research and adoption of Quantum Technology.
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C
5) All A, B & CAnswer-5) All A, B & C
Explanation:
Quantum Ecosystems and Technology Council of India (QETCI) and the Ministry of Electronics and Information Technology (MeitY) jointly organised the 1st edition of National Quantum Science and Technology Symposium (NQSTS 2023) at the Scope Convention Centre in New Delhi, Delhi from 14th to 15th December 2023.
During the event, QETCI released the Quantum Value Chain Report for India and Quantum Security Whitepaper for the Banking, financial services and insurance (BFSI) Segment
i. NQSTS 2023 Objective: To stimulate the nation’s quantum ecosystem and create opportunities for collaboration in utilising quantum technology for real-world problem-solving.
ii. QETCI and the Bengaluru Science and Technology (BeST) Cluster, Bengaluru (Karnataka) signed a Memorandum of Understanding (MoU) for strategic partnerships to accelerate research and adoption of Quantum Technology.
The report was developed through a 6-month policy research project by QETCI. - Which of the following points is/are “correct” with respect to the Offshore Wind Energy Lease Rules 2023, new regulations for the lease of sites of offshore wind projects notified by the Ministry of External Affairs (MEA) in December 2023?
A) The Lease shall be valid for a period of 3-year for conducting resource measurements and surveys and it can be extended for an additional 2 years. The lease expires after 5 years.
B) Post expiry of the lease, the lessee should submit the survey data to the National Institute of Wind Energy(NIWE), unless they have started the work to set up wind energy capacity.
C) The lease shall be further extended for a period of 25 years for construction and operation of the project.
1) All A, B & C
2) Only A & B
3) Only B & C
4) Only A & C
5) Only AAnswer-2) Only A & B
Explanation:
On 19th December 2023, the Ministry of External Affairs (MEA) notified “ Offshore Wind Energy Lease Rules 2023”, new regulations for the lease of sites of offshore wind projects.
Term of Lease:
i. According to the new rules, the Lease shall be valid for a period of 3-year for conducting resource measurements and surveys and it can be extended for an additional 2 years. The lease expires after 5 years.
ii. Post expiry of the lease, the lessee should submit the survey data to the National Institute of Wind Energy(NIWE), unless they have started the work to set up wind energy capacity.
iii. The lease shall be further extended for a period of 35 years for construction and operation of the project. This can be further extended on a case to case basis based on the functional viability and safety of the project.
Lease Area: 25 square kilometres (Sq Km) to 500 sq km (based on the project)
Refundable Security Deposits: Rs 1 lakh per MegaWatt(MW) for wind energy project and Rs 50,000 per MW for wind transmission project.
The deposit amount will be returned upon successful project operation and decommissioning. - Which company has recently (in Dec ‘23) signed an MoU with the Ministry of Rural Development to empower the rural Self Help Group (SHG) artisans?
1) Meesho
2) JioMart
3) Amazon India
4) IndiaMART
5) FlipkartAnswer-2) JioMart
Explanation:
The Ministry of Rural Development (MoRD) has signed a Memorandum of Understanding (MoU) with ecommerce platform ‘JioMart’ to empower the rural Self Help Group (SHG) artisans.
The MoU was signed in the presence of Raghvendra Pratap Singh, Director of National Rural Livelihoods Mission (NRLM), MoRD; Ravi Prakash Gandhi, President and Chief of Public Policy and Regulatory, Reliance Retail Limited.
About the Collaboration:
i. The partnership paves a way for SHGs of Deendayal Antyodaya Yojana(DAY)-NRLM to on-board as sellers onto JioMart.
ii. The collaboration will increase the market base and the visibility of the products of SHG.
iii. This alliance will also bring SHGs under MoRD’s SARAS collection brand onto JioMart. - Which bank/organisation has recently (in Dec ‘23) approved a loan of USD 300 million to the Ministry of Finance(MoF), GoI, for the project ‘Tamil Nadu Climate Resilient Urban Development Program (TNCRUDP)’?
1) International Monetary Fund
2) United Nations Development Programme
3) Asian Development Bank
4) World Bank
5) International Labour OrganizationAnswer-4) World Bank
Explanation:
The World Bank(WB) has approved a loan of USD 300 million to the Ministry of Finance(MoF), Government of India(GoI), for the project ‘Tamil Nadu Climate Resilient Urban Development Program (TNCRUDP)’.
The Project Development Objective (PDO) is to strengthen urban management and improve access to efficient and climate-resilient urban water and sewerage services in 21 Urban Local Bodies (ULBs) in Tamil Nadu (TN).
About the funding of TNCRUDP Project:
The total finance of the program is USD 450 million.
The program is jointly funded by WB’s arm International Bank of Reconstruction and Development (IBRD) contributing USD 300 million and GOI offering USD 150 million.
About the program:
The program is implemented by Tamil Nadu Urban Infrastructure Financial Services Limited (TNUIFSL) & Tamil Nadu Municipal Administration & Water Supply Department (TNMA&WSD).
The project implementation period is for six years starting from Financial Year(FY) 2023-24 to FY 2028-29. - In December 2023, the World Bank approved USD 100 million for the project ‘Sikkim: Integrated Service Provision and Innovation for Reviving Economies (INSPIRES)’ Operation to train, upskill, and provide jobs for 300,500 women and youth in high-growth and priority sectors.
1) 200 million
2) 100 million
3) 400 million
4) 300 million
5) 500 millionAnswer- 2) 100 million
Explanation:
The World Bank approved USD 100 million for the project ‘Sikkim: Integrated Service Provision and Innovation for Reviving Economies (INSPIRES)’ Operation to support Sikkim’s efforts to train, upskill, and provide jobs for 300,500 women and youth in high-growth and priority sectors.
i. The program aims to establish an Employment and Entrepreneurship Promotion Facility to promote partnerships with private-sector firms, central agencies, and business associations.
ii. The program will also provide staff training along with building public procurement capacity across priority state departments. - Which of the following points is/are “correct” with respect to the State Finances: A Study of Budgets of 2023-2024 released by the Reserve Bank of India (RBI) in December 2023?
A) The Gross Fiscal Deficit (GFD) of states fell from 4.1% of GDP (Gross Domestic Product) (2020-21) to 2.8 %( 2022-23).
B) RBI has allowed card-on-file tokenistation (CoFT) through issuer banks or institutions, card networks.
C) RBI developed Dynamic Stochastic General Equilbrium(DSGE) model has projected GDP growth for India at 6.0% for FY25(2024-25).
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:
The Reserve Bank of India (RBI) has released the report titled “State Finances: A Study of Budgets of 2023-2024”.
As per the report, the Gross Fiscal Deficit (GFD) of states fell from 4.1% of GDP (Gross Domestic Product) (2020-21) to 2.8 %( 2022-23). This is below the State Budget Estimates for the 2nd consecutive year.
The debt-GDP ratio of states declined from 31% at the end-March (2021) to 27.5% by end-March (2023).
RBI has allowed card-on-file tokenistation (CoFT) through issuer banks or institutions, card networks.
· It will provide cardholders a facility to tokenize their cards for multiple merchant sites (e-commerce sites) through a single process.
The RBI developed Dynamic Stochastic General Equilbrium(DSGE) model has projected GDP growth for India at 6.0% for FY25(2024-25).
· This projection is 50 basis points lower than RBI’s Monetary Policy (Ocotber,2023), which has forecasted India’s GDP at 6.5% for FY25.
RBI’s Dynamic Stochastic General Equilibrium(DSGE) model has projected retail inflation for India will be moderated at 4.8% for FY2025.
RBI has introduced new norms in order to curb “evergreening” of loans by lenders through Alternate Investment Funds(AIFs). - Which of the following points is/are ‘Incorrect’ with respect to the National Sports Awards 2023 announced by the Ministry of Youth Affairs and Sports (MYAS) ?
1) Major Dhyan Chand Khel Ratna Award 2023 will be given to the Badminton duo Chirag Chandrashekhar Shetty and Rankireddy Satwik Sai Raj.
2) Arjuna Awards for outstanding performance in Sports and Games 2023 was awarded to 26 personalities including Mohammed Shami (Cricket), R Vaishali (Chess).
3) Jaskirat Singh Grewal (Golf), Bhaskaran E (Kabaddi) and Jayanta Kumar Pushilal (Table Tennis) has been chosen for Lifetime Category and won the Dronacharya Award for outstanding coaches in Sports and Games 2023
4) 3 personalities have been chosen for Dhyan Chand Award for Lifetime achievement in Sports and Games 2023 including Manjusha Kanwar (Badminton).
5) Lovely Professional University, Punjab won the Overall winner university in the Maulana Abul Kalam Azad (MAKA) Trophy for the record 26th time.Answer-5) Lovely Professional University, Punjab won the Overall winner university in the Maulana Abul Kalam Azad (MAKA) Trophy for the record 26th time.
Explanation:
Ministry of Youth Affairs and Sports (MYAS) announced the National Sports Awards 2023 which will be conferred on 42 sportspersons, coaches and entities under 5 categories on 9th January 2024 by the President of India, Droupadi Murmu at Rashtrapati Bhavan, New Delhi, Delhi.
The awards were recommended by the selection committee headed by Justice A. M. Khanwilkar, (Retd. Judge, Supreme Court of India) and consisting of members including eminent sportspersons, persons having experience in sports journalism and sports administrators.
Major Dhyan Chand Khel Ratna Award 2023 will be given to the Badminton duo Chirag Chandrashekhar Shetty and Rankireddy Satwik Sai Raj.
Arjuna Awards for outstanding performance in Sports and Games 2023 was awarded to 26 personalities including Mohammed Shami (Cricket), R Vaishali (Chess).
Jaskirat Singh Grewal (Golf), Bhaskaran E (Kabaddi) and Jayanta Kumar Pushilal (Table Tennis) has been chosen for Lifetime Category and won the Dronacharya Award for outstanding coaches in Sports and Games 2023 and a total (including Jaskirat Singh Grewal, Bhaskaran E and Jayanta Kumar Pushilal) of 8 (5 Regular Category & 3 in Lifetime Category)
3 personalities have been chosen for Dhyan Chand Award for Lifetime achievement in Sports and Games 2023 including Manjusha Kanwar (Badminton).
Guru Nanak Dev University, Amritsar (Punjab) won the Overall winner university in the Maulana Abul Kalam Azad (MAKA) Trophy 2023.
· Guru Nanak Dev University (GNDU) MAKA Trophy 2023 for the record 25th time. - Name the app that has been recently (in Dec ‘23) launched by the Ministry of Textiles to provide important information about Minimum Support Price (MSP) and agronomy to jute farmers.
1) e-Aushadhi
2) Samarth
3) E-Dhaga
4) Paat-Mitro
5) PRIASoftAnswer-4) Paat-Mitro
Explanation:
The Ministry of Textiles(MoT) has unveiled the ‘Paat-Mitro’ mobile application(app) to provide important information about Minimum Support Price (MSP) and agronomy to jute farmers.
The app was developed by Jute Corporation of India Limited (JCI), a central public sector undertaking (CPSU) under MoT.
The app was launched during the Jute Symposium held in New Delhi, Delhi on 21st December 2023.
Paat-Mitro app:
i. The free app, available in 6 languages, provides access to Jute Gradation Parameters, Farmer-centric schemes like ‘Improved Cultivation and Advanced Retting Exercise for Jute (Jute – ICARE)’, weather forecasts, JCI’s Purchase Centers’ locations, Procurement Policies.
ii. The app comes with features like ‘Chatbot’ and offers a facility to track the status of their payments made for the raw jute. - In December 2023, Union Minister Anurag Singh Thakur, Ministry of Youth Affairs and Sports(MoYAS) unveiled the official logo, jersey, and theme song of the 6th Khelo India Youth Games (KIYG 2024) in Chennai, Tamil Nadu.
What is the mascot of 6th KIYG?
1) Appu
2) Bomman
3) Veera Mangai
4) Veeran
5) ThambiAnswer-3) Veera Mangai
Explanation:
Union Minister Anurag Singh Thakur, Ministry of Youth Affairs and Sports(MoYAS) unveiled the official logo, jersey, and theme song of the 6th Khelo India Youth Games (KIYG 2024) in Chennai, Tamil Nadu.
The mascot of 6th KIYG named “Veera Mangai” and the ceremonial torch named “Thamizh” were also unveiled during the event.
The mascot “Veera Mangai” is the replica of the legendary freedom fighter Tamil queen ‘Velu Nachiyar’.
i. Over 5,000 athletes from all over the country will participate in the Olympic, non-Olympic as well as indigenous games at KIYG 2024.
ii. Silambam, a form of Indian martial arts, has been included as a demo sport in the KIYG 2024.
Note: The 6th KIYG is scheduled to be held from January 19 to 31, 2024 in 4 cities of Tamil Nadu namely Chennai, Trichy, Madurai, and Coimbatore. - When was National Farmer’s Day/Kisan Diwas 2023 observed across India to commemorate the birth anniversary of Chaudhary Charan Singh?
1) 21st December 2023
2) 23rd December 2023
3) 20th December 2023
4) 22nd December 2023
5) 19th December 2023Answer-2) 23rd December 2023
Explanation:
National Farmer’s Day, also known as Kisan Diwas, is annually observed across India on 23rd December to highlight the significance of farmers’ contribution to the overall social and economic development of India.
The day also marks the birth anniversary of Chaudhary Charan Singh, a champion of the Indian farmers’ community, who served as the 5th Prime Minister(PM) of India from 1979 to 1980.
23rd December 2023 marks the 121st birth anniversary of Chaudhary Charan Singh.
The 1st Kisan Diwas (National Farmers Day) was observed on 23 December 2001.
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