Current Affairs Quiz: 3 December 2021

AffairsCloud brings you the complete and important daily Current Affairs 3 December 2021 Quiz 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 2021 updates.

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Top 10 Questions Based on Current Affairs 3 December 2021

  1. What are the points that are correct with respect to the 10th Quarterly Bulletin (January-March 2021) of Periodic Labour Force Survey?
    A) Unemployment rate for people of age 15 years & above in urban areas increased to 9.3% in January-March 2021 from 9.1% in January-March 2020.
    B) Labour force participation rate in current weekly status in urban areas for those 15 years of age & above decreased from 48.1% January-March 2021 to 47.5% in January-March quarter of 2021.
    C) Ministry of Labour and Employment launched the 10th Quarterly Bulletin of Periodic Labour Force Survey.
    1) Only A
    2) Only B
    3) Only C
    4) Only A & B
    5) Only B & C
    Answer & Explanation
    Answer-4) Only A & B
    Explanation:
    Unemployment rate for people of age 15 years & above in urban areas increased to 9.3% in January-March 2021 from 9.1% in January-March 2020.
    • Labour force participation rate in current weekly status in urban areas for those 15 years of age & above decreased from 48.1% January-March 2020 to 47.5% in January-March quarter of 2021.
    • The National Statistical Office, Ministry of Statistics & Programme Implementation (MoSPI) launched the 10th Quarterly Bulletin of Periodic Labour Force Survey.

  2. On 1st December 2021, the Presidency of G20 changed to ___________ from Italy, thereby India which will host the G20 Presidency from ____________ entered the G20 Troika.
    1) Canada; 2022-23
    2) Brazil; 2023-24
    3) Indonesia; 2022-23
    4) Brazil; 2024-25
    5) Indonesia; 2023-24
    Answer & Explanation
    Answer-3) Indonesia; 2022-2023
    Explanation:
    Indonesia assumed the Presidency of G20 from the outgoing Italy, which held the presidency for the last 1-year. With this Presidency change, India will hold the G20 Presidency from 1st December 2022 to 31st November 2023 has entered the G20 Troika.
    • Theme for G20 Leaders Summit 2022 – “Recover Together, Recover Stronger”.
    • G20 Troika – Italy (December 2020-2021); Indonesia (December 2021-2022); India (December 2022-2023).

  3. According to the 10th Annual World Cooperative Monitor (WCM) report 2021, Which company ranked ‘Number 1 Cooperative’ among the top 300 cooperatives in the world?
    1) Chambal Fertilisers and Chemicals Ltd
    2) Rashtriya Chemicals & Fertilizers Ltd
    3) Indian Farmers Fertiliser Cooperative Ltd
    4) National Agricultural Cooperative Federation Ltd
    5) Gujarat Cooperative Milk Marketing Federation Ltd
    Answer & Explanation
    Answer-3) Indian Farmers Fertiliser Cooperative Ltd
    Explanation:
    Indian Farmers Fertiliser Cooperative Limited (IFFCO) has ranked number one under the category of Agriculture and food industries, which based on the ratio of top 300 Turnover over the GDP Per Capital in the 2021 WCM report.
    While the 2nd position was also held by an Indian company – Gujarat Cooperative Milk Marketing Federation Ltd (Amul)
    World’s 1st Nano Urea Introduced by IFFCO for the farmers across the World.
    • While the 2nd position was also held by an Indian company – Gujarat Cooperative Milk Marketing Federation Ltd (Amul)
    • World’s 1st Nano Urea Introduced by IFFCO for the farmers across the World.

  4. According to the ‘State Finances: A Study of Budgets of 2021-22’ RBI report, combined debt-to-GDP ratio of states is expected to remain at ________ by End-March 2022, which is higher than the target of 20% to be achieved by ____________.
    1) 31%; FY22
    2) 29%; FY23
    3) 33%; FY22
    4) 31%; FY23
    5) 29%; FY24
    Answer & Explanation
    Answer-4) 31%; FY23
    Explanation:
    Reserve Bank of India (RBI) released its annual report namely ‘State Finances: A Study of Budgets of 2021-22’ with the theme ‘Coping with the Pandemic: A Third-Tier Dimension’.
    • The report states that the combined debt-to-GDP ratio of states is expected to remain at 31% by End-March 2022, which is worryingly higher than the target of 20% to be achieved by FY23.
    • The report was prepared under the overall guidance of Deba Prasad Rath, Officer-in-Charge, Department of Economic and Policy Research (DEPR).

  5. Which State received USD 135 million loan (in Dec’21) from International Bank for Reconstruction & Development (IBRD) to improve the operational efficiency & reliability of electricity supply?
    1) Andhra Pradesh
    2) Uttar Pradesh
    3) Gujarat
    4) Karnataka
    5) West Bengal
    Answer & Explanation
    Answer-5) West Bengal
    Explanation:
    International Bank for Reconstruction & Development (IBRD), the lending arm of World Bank Group, has approved a USD 135 million loan to West Bengal to improve the operational efficiency and reliability of electricity supply in selected areas in the state.
    • The project will support the implementation of the Government of India’s 24X7 Power & support West Bengal State Electricity Distribution Company Limited in transitioning toward a leading public sector utility in India.

  6. Which ministry signed a MoU (in Dec’21) with Paytm to train 6000 individuals for 3 years in the Fintech Industry?
    1) Ministry of Skill Development and Entrepreneurship
    2) Ministry of Micro, Small and Medium Enterprises
    3) Ministry of Education
    4) Ministry of Labour and Employment
    5) Ministry of Commerce and Industry
    Answer & Explanation
    Answer-1) Ministry of Skill Development and Entrepreneurship
    Explanation:
    Paytm signed a MoU with the Directorate of General Training (DGT), Ministry of Skill Development & Entrepreneurship, to train 6000 individuals for 3 years in the Fintech Industry.
    • The collaboration is part of DGT’s Flexible-MoU (Flexi-MoU)

  7. In December 2021, S&P Global Ratings estimated India’s GDP growth unchanged at _________ for FY22.
    1) 9.2%
    2) 9.5%
    3) 9.3%
    4) 9.4%
    5) 9.0%
    Answer & Explanation
    Answer-2) 9.5%
    Explanation:
    S&P Global Ratings has retained the GDP growth forecast of India unchanged at 9.5 percent for the Financial year FY22 and 7.8 percent for the year ending FY23.
    About S&P Global Ratings:
    President – John Berisford
    Headquarters – New York, United States
    Parent – S&P Global

  8. ________ was appointed as the Chairman of India Tourism Development Corporation (ITDC) for _____ term.
    1) Sambit Patra; 5 years
    2) Kamala Vardhana Rao; 2 years
    3) Kishan Reddy; 4 years
    4) Sambit Patra; 3 years
    5) Kamala Vardhana Rao; 5 years
    Answer & Explanation
    Answer-4) Sambit Patra; 3 years
    Explanation:
    The Bharatiya Janata Party (BJP) spokesperson & leader Sambit Patra was appointed as the Chairman & part time Non-Executive Director of India Tourism Development Corporation (ITDC) by the Appointment Committee of Cabinet (ACC) for the next 3 years.
    About India Tourism Development Corporation (ITDC):
    Founded– 1966
    Headquarters-New Delhi, Delhi

  9. National Pollution Prevention Day is annually observed across India on 2nd December 2021 to mark _________________.
    1) Dzüko Valley wildfires
    2) Bhopal Gas Tragedy
    3) Visakhapatnam gas leak
    4) Uttarakhand forest fires
    5) Pasarlapudi blowout
    Answer & Explanation
    Answer-2) Bhopal Gas Tragedy
    Explanation:
    National Pollution Prevention Day or National Pollution Control Day is annually observed across India on 2nd December 2021 to mark the 37th anniversary of the Bhopal Gas Tragedy, 1984.
    • The Central Pollution Control Board (CPCB) under the Ministry of Environment, Forest and Climate Change, was constituted in September 1974 under the Water (Prevention and Control of Pollution) Act, 1974.
    • It is entrusted with the powers and functions under the Air (Prevention and Control of Pollution) Act, 1981.

  10. Which State celebrated ‘Indigenous Faith Day’ on 1st December to mark the birth anniversary of Golgi Bote Talom Rukbo?
    1) Assam
    2) Mizoram
    3) Arunachal Pradesh
    4) Sikkim
    5) Nagaland
    Answer & Explanation
    Answer-3) Arunachal Pradesh
    Explanation:
    Arunachal Pradesh celebrated 1 December as ‘Indigenous Faith Day’ to preserve and promote indigenous faith and traditional practices of tribal communities of the state.
    Indigenous Faith Day has been celebrated on 1st December since 2013. December 1st is to be the birth anniversary of Golgi Bote Talom Rukbo, who is called as the father of the indigenous faith.





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