GK Current Affairs Quiz: December 16th, 2023

Current Affairs Quiz 16th December 2023

Directions for the quiz:

1. This quiz, that is the Current Affairs Quiz 16th December2023, is meant to be a check for your learning and is meant to serve as a tool for assessment.

2. Current Affairs Quiz 16th December2023 is designed to check your Current Affairs General Knowledge and provide you with an assessment of the same.

3. Each question in Current Affairs Quiz 16th December2023 followed by 4 options. Select the most appropriate option for the question.

4. Before you take this quiz, we would recommend to you to go through the article,Daily Current Affairs Today 16th December2023

1. Focus of CoinSwitch’s New Brand PeepalCo
Option A: Digital marketing expansion
Option B: Innovation, compliance, and regulatory standards adherence
Option C: Launching a new cryptocurrency
Option D: Global retail expansion

Answer and Explanation

Answer: B Explanation: PeepalCo, launched by CoinSwitch, is aimed at fostering innovation and adherence to compliance and regulatory standards.

2. Business Head of CoinSwitch
Option A: Balaji Srihari
Option B: Sundar Pichai
Option C: Nandan Nilekani
Option D: Uday Kotak

Answer and Explanation

Answer: A Explanation: Balaji Srihari was appointed as the Business Head of CoinSwitch as part of its new venture, PeepalCo.

3. Bank of the Year (India) by The Banker
Option A: ICICI Bank
Option B: HDFC Bank
Option C: Axis Bank
Option D: Federal Bank

Answer and Explanation

Answer: D Explanation: Federal Bank was recognized as “Bank of the Year (India)” by The Banker, acknowledging its innovation and customercentric services.

4. AIpowered Chatbot by Federal Bank
Option A: Feddy
Option B: Alexa
Option C: Siri
Option D: Eva

Answer and Explanation

Answer: A Explanation: Federal Bank introduced an AIpowered chatbot named “Feddy” to enhance customer support.

5. iVIS Collaboration for AI/ML and IoTenabled eSurveillance Services
Option A: State Bank of India
Option B: Yes Bank
Option C: ICICI Bank
Option D: Kotak Mahindra Bank

Answer and Explanation

Answer: C Explanation: iVIS partnered with ICICI Bank to provide AI/ML and IoTenabled esurveillance services.

6. Deal Between Intellect Design Arena and Indian Bank
Option A: ₹50 Crore
Option B: ₹80 Crore
Option C: ₹100 Crore
Option D: ₹120 Crore

Answer and Explanation

Answer: B Explanation: Intellect Design Arena signed a ₹80 crore deal with Indian Bank for a Cash Management System.

7. IndiaTanzania MoU Focus
Option A: Agricultural technology
Option B: Digital solutions for digital transformation
Option C: Pharmaceutical research
Option D: Space exploration

Answer and Explanation

Answer: B Explanation: The MoU between India and Tanzania is aimed at sharing digital

8. Working Group Launched in IndiaU.S. MoU
Option A: STEM Working Group
Option B: TIIG Working Group
Option C: INNOVATE Working Group
Option D: DIGITECH Working Group

Answer and Explanation

Answer: B Explanation: The Talent, Innovation, and Inclusive Growth (TIIG) Working Group was launched as part of the IndiaU.S. MoU.

9. IndiaSaudi Arabia MoC Fields of Collaboration
Option A: Textile and Garment Manufacturing
Option B: AI, IoT, Cloud Computing, and Blockchain
Option C: Petroleum and Natural Gas
Option D: Automotive and Machinery

Answer and Explanation

Answer: B Explanation: The MoC focuses on strengthening collaboration in AI, IoT, Cloud Computing, and Blockchain.

10. IndiaItaly MoU on Cooperation
Option A: Industrial Property Rights
Option B: Culinary Exchange Program
Option C: Tourism Promotion
Option D: Defense Manufacturing

Answer and Explanation

Answer: A Explanation: The MoU between India and Italy focuses on cooperation in the field of Industrial Property Rights.

11. Indian Airport Declared International
Option A: Pune Airport
Option B: Surat Airport
Option C: Jaipur Airport
Option D: Cochin Airport

Answer and Explanation

Answer: B Explanation: Surat Airport was declared as an International Airport by the Indian Cabinet.

12. Inaugurator of GPAI Summit in New Delhi
Option A: President Ram Nath Kovind
Option B: Prime Minister Narendra Modi
Option C: Amitabh Kant
Option D: Sundar Pichai

Answer and Explanation

Answer: B Explanation: Prime Minister Modi inaugurated the GPAI Summit in New Delhi.

13. Approval for Aircraft Leasing Venture at IFSC Gift City
Option A: Boeing
Option B: Airbus
Option C: IndiGo’s parent company
Option D: SpiceJet

Answer and Explanation

Answer: C Explanation: IndiGo’s parent company was approved to establish an aircraft leasing business in IFSC Gift City.

14. Focus of Centre of Excellence in Sustainability by Geojit Financial Services
Option A: Renewable Energy
Option B: Water Conservation
Option C: Sustainability in Finance
Option D: Environmental, Social, and Governance (ESG) Goals

Answer and Explanation

Answer: D Explanation: The Centre of Excellence at Cochin University focuses on contributing to ESG goals.

15. Unique Feature of Iran’s Upgraded Karrar Combat Drones
Option A: Equipped with nuclear capabilities
Option B: Solarpowered
Option C: Equipped with airtoair missiles
Option D: Underwater operation ability

Answer and Explanation

Answer: C Explanation: The upgraded Karrar drones are equipped with airtoair missiles, marking them as advanced combat drones.

16. Significance of Vijay Diwas, Observed on December 16th
Option A: India’s independence from British rule
Option B: The end of the IndoChina war
Option C: The victory of Indian Armed Forces in the IndoPakistani War of 1971
Option D: The establishment of the Indian Republic

Answer and Explanation

Answer: C Explanation: Vijay Diwas is observed to commemorate the victory of the Indian Armed Forces in ‘Operation: Vijay’ during the IndoPakistani War of 1971.