Dec 9 GK TODAY + ADDA Flashcards
(28 cards)
India announced a USD 250 million line of credit to which country for modernisation of its agricultural sector?
[A] Kenya
[B] South Africa
[C] Congo
[D] Papua New Guinea
Kenya
What is the trend of cybercrimes and economic offences in 2022, as compared to 2021?
[A] Increased
[B] Decreased
[C] Remained same
[D] No data
Increased
‘Gram Manchitra’ application, which was recently launched, is associated with_:?
[A] Geographic Information System
[B] Cultural Archive
[C] Educational Resource
[D] Vaccination Reminder
A
iGOT Karmayogi Platform is an online learning portal launched for which category of people?
[A] MSME owners
|B] Street vendors
[C] Sanitary workers
[D] Government officials
D
Which institution has been publishing the ‘India Infrastructure
Report’ series since 2001?
[A] NSSO
[B] NITI Aayog
[C] IDFC Foundation
[D] Larsen and Toubro
IDFC Foundation
Around 1,000 migrating birds died in which country after colliding with illuminated buildings?
[A] Australia
[B] USA
[C] Indonesia
[D] Philippines
USA
‘JT-6OSA’, the world’s largest and most advanced nuclear fusion reactor, is a joint initiative between the European Union and which country?
[A] India
[B] Japan
[C] USA
[D] Australia
Japan
Which European country approved a bill to ban disposable electronic cigarettes?
[A] France
[B] Germany
[C] Italy
[D] Romania
France
Umrah is a pilgrimage associated with which religion?
[A] Islam
[B] Hinduism
[C] Sikhism
[D] Jainism
Islam
Which technology company introduced a new Al model named
‘Gemini’?
[A] Microsoft
[B] Google
[C] Samsung
[D] Apple
Which company is associated with the “Accelerating India’s Potential to Address the Global XR Opportunity” report?
[A] Apple
[B] Meta
[C] Microsoft
[D] Google
Meta
Which organisation released the draft of a global climate agreement which presented three options to tackle fossil fuels?
[A] UN
[B] WEF
[C] NITI Aayog
[D] IMF
UN
- Cab aggregator Uber announced the launch of its global flagship electric vehicle service Uber Green in which city?
- Where was the 5th edition of Global Ayurveda Festival held in 2023?
- Which country is recently re-elected to the International Maritime Organisation (IMO) Council with the highest tally?
- As per the recently announced roadmap by which year, there will be a mandatory 5% blending of compressed biogas (CBG) in city gas distribution (CGD)?
- Waters near which city are venue of biggest ever multilateral exercise Milan-2024 of Indian Navy?
- Bengaluru
- Thiruvananthapuram
- India
- 2029
- Visakhapatnam
What was the outcome of the RBI MPC meeting in December 2023?
Time Spent 00:05
Repo rate increased
Repo rate decreased
C Repo rate remained unchanged at 6.5%
D
Repo rate fluctuated
E Repo rate reduced to 6%
Explanation:
The MPC decided unanimously to maintain the repo rate at 6.5%, sustaining this status for the fifth consecutive meeting.
What is the proposed timeline for the operationalization of the fintech repository, as stated in RBI’s MPC 2023 statement?
A January 2023
B
April 2024
December 2023
D
March 2025
E June 2024
Explanation:
The fintech repository is set to be operationalized by the Reserve Bank Innovation Centre in April 2024 or earlier, as mentioned by RBI Governor Shaktikanta Das.
What is the RBl’s projected GDP growth for the fiscal year
6%
B 7%
8%
D
5%
E 9%
Explanation:
The MPC projects a GDP growth of 7% for the fiscal year 2023-24.
What change has been made to UPI limits in the December
2023 RBI MPC meeting?
Increased to Rs 2 lakh per transaction
Reduced to Rs 50,000 per transaction
C Maintained at Rs 1 lakh per transaction
Increased to Rs 5 lakh per transaction
E Removed UPI limits
Explanation:
The UPI limit has been increased to Rs 5 lakh per transaction for hospitals and educational institutions.
What is the Cash Reserve Ratio (CRR) as per the latest RBI MPC update?
3.5%
B 4.0%
4.25%
D
4.5%
E 5.0%
Explanation:
The Cash Reserve Ratio (CRR) stands at 4.5% according to the latest RBI MPC data.
What is the primary reason for the RBl’s decision to retain the policy stance as ‘withdrawal of accommodation?
To encourage higher borrowing
B Due to a decrease in inflation
C Concerns about potential upside risks to inflation
D
To stimulate economic growth
E None of the above
Explanation:
The ‘withdrawal of accommodation’ policy stance is retained due to concerns about potential upside risks to inflation, especially in the context of rising food prices.
What is the major concern highlighted by Governor Shaktikanta Das regarding the inflation outlook?
Time Spent 00:13
Decline in core inflation
B
Risks to food inflation leading to an uptick
C Overestimation of inflation figures
D
Global economic factors impacting inflation
E None of the above
Explanation:
Governor Das expressed concerns about the near-term inflation outlook being “masked” by risks to food inflation, which may lead to an uptick in November and December, warranting vigilance.
How does Open Market Operation (OMO) contribute to monetary management?
It sets credit limits for commercial banks
It regulates consumer credit supply
It involves outright purchase and sale of government securities
It influences the overnight liquidity absorbed by
RBI
E
It determines the Bank Rate
Explanation:
OMO includes buying and selling government securities to inject or absorb long-term liquidity in the market.
What is the function of Cash Reserve Ratio (CRR) in the Indian banking system?
To regulate consumer credit
To determine the Bank Rate
To influence overnight liquidity absorbed by RBI
D
To set credit limits for commercial banks
To control liquidity in the banking system
Explanation:
CRR mandates banks to maintain a daily balance with RBI, influencing liquidity in the banking system.
What is the primary focus of Monetary Policy?
Time Spent 00:05
Regulating tax policies
B Managing government expenditures
C Controlling money supply and interest rates
D
Addressing fiscal deficit
E Enhancing international trade
Explanation:
Monetary policy primarily involves controlling the money supply and interest rates to ensure economic stability.
Who is slated to assume the position of Vice Chief of Naval Staff in the Indian Navy on January 4?
Vice Admiral Dinesh Tripathi
Vice Admiral Jagdish Tripathi
C Vice Chief Naval Pankaj Tripathi
D
Admiral Rohit Pandey
E Vice Admiral Hari Kumar
Explanation:
Vice Admiral Dinesh Tripathi is set to assume the position of Vice Chief of Naval Staff.
