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- Which of the following points is/are “correct” with respect to the ‘National Compilation on Dynamic Ground Water Resources of India, 2023’ released by the Ministry of Jal Shakti (MoJS) in December 2023?
A) The Total Annual Groundwater Recharge is 449.08 Billion Cubic Meters (BCM), an increase of 11.48 BCM from 437.6 BCM (2022).
B) The Annual Extractable Ground Water Resources is 407.21 BCM, showing an increase from 398.08 BCM in 2022.
C) Out of the total 6553 assessment units (Blocks/ Mandals/ Talukas) in the country, 736 units in various States/ UTs (11.23%) have been categorized as ‘Over-exploited’ indicating ground water extraction exceeding the annually replenishable ground water recharge.
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:
The Union Minister Gajendra Singh Shekhawat, Ministry of Jal Shakti (MoJS) released the ‘National Compilation on Dynamic Ground Water Resources Of India, 2023’ whose assessment was carried out jointly by Central Ground Water Board (CGWB) and States/UTs for taking suitable interventions by various stake-holders.
CGWB works under the aegis of Department of Water Resources, River Development & Ganga Rejuvenation, MoJS.
i. The Total Annual Groundwater Recharge is 449.08 Billion Cubic Meters (BCM), an increase of 11.48 BCM from 437.6 BCM (2022).
The major increase is noticed in the States of West Bengal (WB), Assam, Telangana, Chhattisgarh, Karnataka, Gujarat and Bihar.
ii. The Annual Extractable Ground Water Resources is 407.21 BCM, showing an increase from 398.08 BCM in 2022.
iii. Out of the total 6553 assessment units (Blocks/ Mandals/ Talukas) in the country, 736 units in various States/ UTs (11.23%) have been categorized as ‘Over-exploited’ indicating ground water extraction exceeding the annually replenishable ground water recharge.
These units are mostly concentrated in Punjab, Haryana, Delhi, Western Uttar Pradesh (UP), Rajasthan, Gujarat, Karnataka, Tamil Nadu, Telangana and Andhra Pradesh - Which of the following points is/are “correct” with respect to the recent step taken by the Reserve Bank of India (RBI) in December 2023?
A) The Reserve Bank of India (RBI) and the Central Bank of Brazil signed a Memorandum of Understanding (MoU) for cooperation and information exchange regarding the Clearing Corporation of India Limited (CCIL).
B) RBI has imposed a monetary penalty of Rs 10,000 on Bank of America, N.A. for violation of RBI’s instructions on reporting requirements under the Liberalised Remittance Scheme of FEMA, 1999.
C) RBI approved the promoter of CSB Bank to retain a 26% stake in the lender.
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C
5) All A, B & CAnswer-3) Only B & C
Explanation:
On December 1, 2023, the Reserve Bank of India (RBI) and the Bank of England (BoE) signed a Memorandum of Understanding (MoU) for cooperation and information exchange regarding the Clearing Corporation of India Limited (CCIL).
Signatories: RBI Deputy Governor T Rabi Sankar and BoE Deputy Governor for Financial Stability Sarah Breeden in London, United Kingdom (UK)
i. RBI in exercise of powers under the provisions of Section 11(3) of FEMA (Foreign Exchange Management Act), 1999 has imposed a monetary penalty of Rs 10,000 on Bank of America, N.A. for violation of RBI’s instructions on reporting requirements under the Liberalised Remittance Scheme of FEMA, 1999.
This penalty will not affect any transaction or agreement entered into by the bank with its customers.
ii. RBI approved the promoter of CSB Bank to retain a 26% stake in the lender. This is higher than the 15% stake that RBI had previously advised. - The Securities and Exchange Board of India (SEBI) extended the timeline of linking of SEBI Complaint Redressal (SCORES) platform with the Online Dispute Resolution (ODR) Portal from 4th December 2023 to ____________.
1) 1st July 2024
2) 1st March 2024
3) 1st June 2024
4) 1st April 2024
5) 1st May 2024Answer-4) 1st April 2024
Explanation:
The Securities and Exchange Board of India (SEBI) has extended the timeline of linking of SEBI Complaint Redressal (SCORES) platform with the Online Dispute Resolution (ODR) Portal from 4th December 2023 to 1st April 2024.
i. The circular was issued under Section 11(1) of the Securities and Exchange Board of India Act, 1992.
ii. As per the circular issued by SEBI on 20th September 2023,
The market entities have to keep submitting the Action Taken Report (ATR) on SCORES within 21 calendar days from the date of receipt of the complaint.
The market entities have to apply for SCORES authentication and for Application Programming Interface (API) integration so that entities can comply with the circular from December 4, 2023.
iii. SEBI has proposed to reduce the timelines and introduce auto-routing and auto-escalation of complaints to strengthen the investor grievance handling mechanism through SCORES. - Which company has recently (in Dec ‘23) launched its mobile trading app, SKY on Amazon Web Services (AWS)?
1) Motilal Oswal Securities
2) HDFC Securities
3) Axis Securities
4) ICICI Securities
5) Kotak SecuritiesAnswer- 2) HDFC Securities
Explanation:
HDFC Securities Limited, the stock-broking arm of HDFC Bank, has launched its mobile trading app, HDFC SKY on Amazon Web Services (AWS), the cloud computing unit of Amazon.com.
i. AWS is the world’s most comprehensive and broadly adopted cloud.
HDFC Securities will provide secure and low-latency trading services to retail investors who prefer mobile trading.
HDFC SKY, built on AWS, will enable investors to access the stock market at a scale of thousands of transactions per second.
With AWS, HDFC Securities will reduce its annual Information technology (IT) infrastructure and management costs by up to 50%. - Which of the following personalities has/have ‘Not’ featured on 2023 Power 100 published by Art Review in December 2023?
1) Geeta Kapur
2) Prateek Raja
3) Bose Krishnamachari
4) Dayanita Singh
5) Natasha GinwalaAnswer-1) Geeta Kapur
Explanation:
5 Indians including Bose Krishnamachari, an Indian painter and artist-curator hailing from Kerala, are featured on 2023 Power 100, the annual ranking of the most influential people in art, published by Art Review, a London-based magazine.
i. Bose Krishnamachari is ranked 38th on the list. He has curated the murals on Manaveeyam street in Thiruvananthapuram, Kerala Traditional Historical and Colonial Architecture photography exhibition and ‘Contextual Cosmologies.
ii. The other Indians on the list were,
Prateek Raja & Priyanka Raja, Gallerists and Cofounders of Experimenter, Kolkata(West Bengal) ranked 62nd.
Dayanita Singh, Photographer (Delhi) ranked 78th.
Natasha Ginwala, an independent curator, researcher, and writer, ranked 94th. - In December 2023, India was re-elected to the ___________(Organisation’s) Council under Category B states for the 2024-2025 biennium.
1) International Labour Organization
2) International Telecommunication Union
3) International Trade Centre
4) International Finance Corporation
5) International Maritime OrganisationAnswer-5) International Maritime Organisation
Explanation:
India has been re-elected to the International Maritime Organisation (IMO) Council under Category B states for the 2024-2025 biennium. India got 157 votes out of 167, which is the highest number of votes among candidates in category B.
The election was held during the 33rd Assembly of IMO in London, The United Kingdom (U.K.).
i. Vikram Doraiswami, High Commissioner of India to the United Kingdom, represented India at the IMO Assembly.
Note: Along with India, Australia, Brazil, Canada, France, Germany, the Netherlands, Spain, Sweden, and the United Arab Emirates (UAE) were elected under “Category B – “largest interest in international seaborne trade”.
India has been elected to and serving the Council of the IMO, ever since it started functioning except for two years for the period 1983-1984. - Which bank has recently (in Dec ‘23) re-appointment Chandra Shekhar Ghosh as the Managing Director (MD) and Chief Executive Officer (CEO) for 3 years?
1) IndusInd Bank
2) IDFC FIRST Bank
3) IDBI Bank
4) Bandhan Bank
5) Federal BankAnswer- 4) Bandhan Bank
Explanation:
The board of Bandhan Bank Limited approved the re-appointment of Chandra Shekhar Ghosh as the Managing Director (MD) and Chief Executive Officer (CEO) of the Bandhan Bank , for 3 years.
i. The re-appointment is subject to the approval of the Reserve Bank of India (RBI) and the shareholders of the bank.
ii. If approved by RBI, the re-appointment would be effective from July 10, 2024.
Note: His current tenure as the MD and CEO would expire on 9th July 2024. He has been serving as the MD & CEO of the bank since 2015. - Who has recently (in Dec ‘23) become India’s 84th Grandmaster(GM) by crossing the 2500 Elo live ratings in the 4th edition of the Llobregat Open Chess Tournament (Llobregat Open 2023)?
1) Vaishali Rameshbabu
2) Sayantan Das
3) Vignesh N. R.
4) Pranesh M
5) Koustav ChatterjeeAnswer-1) Vaishali Rameshbabu
Explanation:
Indian Chess player Vaishali Rameshbabu(22 years old), has become India’s 84th Grandmaster(GM) by crossing the 2500 Elo live ratings during the ongoing 4th edition of the Llobregat Open Chess Tournament (Llobregat Open 2023) from 30th November 2023 to 8th December 2023 in Barcelona, Spain.
She is the third Indian female, after Koneru Humpy (2002) and Harika Dronavalli (2011), to get the GM title.
Vaishali and her brother Praggnanandhaa became the world’s first sister-brother pair to be GrandMasters.
i. Vaishali Rameshbabu secured her Woman Grandmaster (WGM) title in 2018 (elo rating 2300) and International Master (IM) title in 2021(elo rating 2400).
At present, she is ranked world no. 11 in the women’s ranking with a live rating of 2501.5. - When was the National Pollution Control Day 2023 observed across India?
1) 2nd December 2023
2) 30th November 2023
3) 29th November 2023
4) 1st December 2023
5) 28th November 2023Answer-1) 2nd December 2023
Explanation:
National Pollution Control Day or National Pollution Prevention Day is annually observed across India on 2 December in the memory of those who lost their lives in the disastrous 1984 Bhopal Gas Tragedy.
2nd December 2023 marks the 39th Anniversary of the Bhopal Gas Tragedy.
i. Bhopal Gas Tragedy was India’s first major industrial disaster that took place on the intervening night of December 2 and 3, 1984, in Bhopal, Madhya Pradesh(MP).
ii. Almost 45 tonnes of the hazardous gas – Methyl Isocyanate (MIC) as well as several other poisonous gases leaked from a pesticide plant, Union Carbide (India) Ltd. (UCIL). - In December 2023, _____________ is set to become the first Airport in India to introduce the Computer Tomography X-ray (CTX) machine for effortless screening experience.
1) Chhatrapati Shivaji Maharaj International Airport
2) Sardar Vallabhbhai Patel International Airport
3) Kempegowda International Airport
4) Indira Gandhi International Airport
5) Chennai International AirportAnswer-3) Kempegowda International Airport
Explanation:
The Kempegowda International Airport (KIA) in Bengaluru, Karnataka, is set to become the first Airport in India to introduce the Computer Tomography X-ray (CTX) machine to eliminate the need for removing personal electronic devices from handbags during pre-boarding security checks.
i. KIA operator Bengaluru International Airport Limited (BIAL) has initiated a trial run for the CTX machine.
ii. The CTX system will allow the passengers to leave electronic devices, such as laptops, and items categorized as Liquids, Aerosols, and Gels (LAGs), in their bags, expediting the screening process.
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