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Current Affairs Quiz 22nd December 2023

Directions for the quiz:

1. This quiz, that is the Current Affairs Quiz 22nd December2023, is meant to be a check for your learning and is meant to serve as a tool for assessment.

2. Current Affairs Quiz 22nd 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 22nd 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 22nd December2023

 

Question 1:

What is the purpose of the partnership between HDFC Life and Karur Vysya Bank?

A) To provide banking services

B) To offer life insurance products

C) To launch a new digital banking platform

D) To offer personal loans

Answer and Explanation

Answer: B

  • Explanation: The correct answer is B. The partnership between HDFC Life and Karur Vysya Bank is focused on offering a range of life insurance products to the bank’s customers, which includes options for protection, savings, and investment plans.

 

 

Question 2:

What percentage of the bond sale will LIC take up in NABARD’s ₹5,000 crore infrastructure bond sale?

A) 10%

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B) 50%

C) 30%

D) 20%

Answer and Explanation

Answer: C

  • Explanation: The correct answer is C. LIC is set to invest 30% of the bond sale in NABARD’s ₹5,000 crore infrastructure bond sale, which amounts to ₹1,500 crore.

 

 

Question 3:

What is the main feature of the One Nation Corporate Card introduced by PayCraft Solutions, NSDL Payments Bank, and NPCI?

A) It is a credit-only card.

B) It is an employee tax benefit instrument.

C) It offers unlimited air travel.

D) It is only for online shopping.

Answer and Explanation

Answer: B

  • Explanation: The correct answer is B. The One Nation Corporate Card, a collaboration between PayCraft Solutions, NSDL Payments Bank, and NPCI, primarily serves as an employee tax benefit instrument, catering to business expenses and public transit use.

 

 

Question 4:

Which bank secured funding from the Dutch Development Bank FMO?

A) HDFC Bank

B) U GRO Capital

C) Axis Bank

D) ICICI Bank

Answer and Explanation

Answer: B

  • Explanation: The correct answer is B. U GRO Capital has secured funding through non-convertible debentures from the Dutch Development Bank FMO, focusing on sectors like agribusiness, energy, and financial institutions.

 

 

Question 5:

What is the new tagline of CASHe after its rebranding?

A) India’s Preferred Money App

B) Your Trusted Financial Partner

C) Bharat Ka Money App

D) The Future of Finance

Answer and Explanation

Answer: C

  • Explanation: The correct answer is C. Following its rebranding, CASHe has adopted ‘Bharat Ka Money App’ as its new tagline, signifying its position as a comprehensive financial platform offering credit, investment, and insurance services.

 

 

Question 6:

What is the projected annual growth rate of India’s coal demand until 2026, according to the IEA?

A) 5.5%

B) 2.5%

C) 3.5%

D) 4.5%

Answer and Explanation

Answer: C

  • Explanation: The correct answer is C. The International Energy Agency forecasts that India’s coal demand will grow at an annual rate of 3.5% until 2026, contributing to 14% of the global demand.

 

 

Question 7:

Who introduced the redrafted criminal bills in the Lok Sabha?

A) Prime Minister

B) Finance Minister

C) Union Home Minister

D) Law Minister

Answer and Explanation

Answer: C

  • Explanation: The correct answer is C. Union Home Minister Amit Shah introduced three updated Bills in the Lok Sabha, aiming to modernize British-era criminal laws with significant changes and additions.

 

 

Question 8:

Which natural disaster recently affected Australia?

A) Earthquake

B) Bushfire

C) Tropical Cyclone Jasper

D) Flood

Answer and Explanation

Answer: C

  • Explanation: The correct answer is C. Australia was recently impacted by Tropical Cyclone Jasper, causing widespread disruptions, especially in northeastern areas.

 

 

Question 9:

What is the main objective of establishing the Prime Minister College of Excellence in Madhya Pradesh?

A) To promote sports education

B) To enhance technical education

C)To advance medical research

D) To offer excellence in higher education

Answer and Explanation

Answer: D

  • Explanation: The correct answer is D. The Madhya Pradesh government’s initiative to establish a Prime Minister College of Excellence in each district is aimed at offering excellence in higher education.

 

 

Question 10:

How much did India’s trade deficit decrease to in November 2023?

A) $10.58 billion

B) $20.58 billion

C) $30.58 billion

D) $40.58 billion

Answer and Explanation

Answer: B

  • Explanation: The correct answer is B. In November 2023, India’s trade deficit decreased to $20.58 billion, with both exports and imports showing a decline.

 

 

Question 11:

What is the estimated percentage of India’s logistics cost to its GDP in FY22?

A) 5.8-6.9%

B) 7.8-8.9%

C) 9.8-10.9%

D) 11.8-12.9%

Answer and Explanation

Answer: B

  • Explanation: The correct answer is B. According to the National Council of Applied Economic Research, India’s logistics cost is estimated to be between 7.8-8.9% of its GDP for the fiscal year 2022.

 

 

Question 12:

For which weapon system did the Ministry of Defence approve the acquisition of rockets?

A) Agni

B) BrahMos

C) Akash

D) Pinaka

Answer and Explanation

Answer: D

  • Explanation: The correct answer is D. The Ministry of Defence approved the acquisition of 6,400 rockets for the Pinaka weapon system, reflecting India’s focus on self-reliance in defense.

 

 

Question 13:

What is the goal of ISRO’s Chandrayaan-4 mission?

A) To orbit Mars

B) To bring back samples from the Moon

C) To explore Jupiter

D) To send a human to space

Answer and Explanation

Answer: B

  • Explanation: The correct answer is B. ISRO’s Chandrayaan-4 mission aims to collect and bring back samples from the Moon.

 

 

Question 14:

According to the SBI report, what is projected about women voters by 2029?

A) They will vote more in urban areas.

B) They will outnumber men voters.

C) They will prefer electronic voting.

D) They will have a lower turnout.

Answer and Explanation

Answer: B

  • Explanation: The correct answer is B. The State Bank of India report predicts that by 2029, the number of women voters in India will surpass that of men voters.

 

 

Question 15:

What trend did the WHO’s Global Status Report on Road Safety 2023 reveal about India?

A) A decrease in road traffic fatalities

B) An increase in road traffic fatalities

C) No change in road traffic fatalities

D) Road traffic fatalities only in urban areas

Answer and Explanation

Answer: B

  • Explanation: The correct answer is B. The WHO’s Global Status Report on Road Safety 2023 indicated an increase in road traffic fatalities in India, contrasting the global decreasing trend.

 

 

Question 16:

Who was elected as the new president of the Wrestling Federation of India?

A) Brij Bhushan Sharan Singh

B) Sanjay Singh

C) Sakshi Malik

D) Anil Kumar

Answer and Explanation

Answer: B

  • Explanation: The correct answer is B. Sanjay Singh was elected as the new president of the Wrestling Federation of India.

 

 

Question 17:

What is celebrated on December 22 in India?

A) National Science Day

B) National Technology Day

C) National Mathematics Day

D) National Environment Day

Answer and Explanation

Answer: C

  • Explanation: The correct answer is C. December 22 is observed as National Mathematics Day in India, in honor of the renowned mathematician Srinivasa Ramanujan.
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