AC+Adda Quiz DEC 1 Flashcards
- Which of the following points is “Incorrect” with respect to the Cabinet approval on 29th
November 2023?
1) The Union Cabinet has approved the Terms of Reference (ToR) for the 16th Finance Commission
(FC), whose recommendations span a 5-year period from April 1, 2026 to March 31, 2031.
2) The Union Cabinet also extended Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) — for five
years till December 2028.
3) The Union Cabinet has approved the Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM
JANMAN) with a budget of Rs 24,104 crore.
4) The Cabinet also approved the Central Sector Scheme (CSS) for providing Drones to the 15000
selected Women Self Help Groups (SHGs) from 2024-25 to 2025-26.
5) The continuation of the Fast Track Special Court (FTSCs) was approved for a further five years i.e.
from April 1, 2023 to March 31, 2028.
Answer- 5) The continuation of the Fast Track Special Court (FTSCs) was approved for a further
five years i.e. from April 1, 2023 to March 31, 2028.
Explanation:
On November 29, 2023, the Union Cabinet chaired by the Prime Minister (PM) of India Narendra Modi
has approved the following:
i. The Union Cabinet has approved the Terms of Reference (ToR) for the Sixteenth/16th Finance
Commission (FC), whose recommendations, spanning a 5-year period from April 1, 2026 to March 31,
2031, will be submitted by October 31, 2025.
ii. The Union Cabinet also extended Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) — for five
years till December 2028.
• In this regard, the Central Government will spend approximately Rs 11.80 lakh crore on food
subsidies to provide free food grains (rice , wheat and coarse grains/millets) to about 81.35
crore people.
iii. The Union Cabinet has approved the Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM
JANMAN) with a budget of Rs 24,104 crore (Central Share: Rs. 15,336 crore, State Share: Rs. 8,768
crore).
iv. The Union Cabinet also approved the Central Sector Scheme (CSS) for providing Drones to the
15000 selected Women Self Help Groups (SHGs) from 2024-25 to 2025-26 for providing rental
services to farmers for agriculture purposes. The outlay of the scheme is Rs 1261 Crore.
v. The Union Cabinet has approved the continuation of the Fast Track Special Court (FTSCs) for a
further three years i.e. from April 1, 2023 to March 31, 2026.
• The financial implication for the same will be Rs 1952.23 crore (Rs. 1207.24 crore as Central
Share and Rs. 744.99 crore as State share).
- According to Quarterly Bulletin Periodic Labour Force Survey (PLFS), released by National
Sample Survey Office (NSSO) in November 2023, unemployment rate (UR) in urban areas fell
from 7.2% in July –September 2022 to ________ in July – September 2023 for persons of age 15
years and above.
1) 6.5%
2) 6.3%
3) 6.1%
4) 6.6%
5) 6.0%
Answer- 4) 6.6%
Explanation:
According to Quarterly Bulletin Periodic Labour Force Survey (PLFS) (July to September 2023),
released by National Sample Survey Office (NSSO), Ministry of Statistics and Programme
Implementation (MoSPI), unemployment rate (UR) in urban areas fell from 7.2% in July –
September 2022 to 6.6% in July – September 2023 for persons of age 15 years and above.
• This bulletin for the second quarter (Q2) of the financial year 2023-24 (FY24) is the 20th
edition of the series.
i. A total of 5,706 First Stage Units – FSUs Urban Frame Survey (UFS blocks) were surveyed in urban
areas across India during the third quarter of 2023 (July-September). This included 44,738
households and 1,70,004 individuals.
ii. The report indicates that in urban areas, the Labour Force Participation Rate (LFPR) in the current
weekly status (CWS) increased to 49.3% in the July to September quarter of 2023, up from 47.9% in
the corresponding period in 2022.
iii. The Worker Population Ratio (WPR) in urban areas has increased to 46.0% in July – September
2023 from 44.5% in July-September 2022.
Note: The UR in January-March 2023 was at 6.8% and in April-June 2023 was at 6.6%.
- In November 2023, Union Minister of Coal and Mines, Pralhad Joshi launched the auction
process of ___________ critical mineral blocks, which is estimated to be worth around Rs 45000
crore.
1) 15
2) 40
3) 20
4) 10
5) 30
Answer- 3) 20
Explanation:
Union Minister, Pralhad Joshi, Ministry of Coal and Mines, Government of India (GoI) launched the
auction process of 20 critical mineral blocks, which is estimated to be worth around Rs 45000
crore.
i. The 20 blocks on sale are across various states, including Chhattisgarh, Uttar Pradesh, Tamil Nadu,
Odisha, Jharkhand, and Bihar. This includes the lithium reserves in Jammu and Kashmir (J&K).
ii. This is a part of India’s efforts to strengthen the critical mineral supply chain for energy transition
and to achieve its net-zero target by 2070.
- Which of the following points is/are “correct” with respect to the World AIDS Day Report
2023, released in November 2023?
A) The Joint United Nations Programme on Human Immunodeficiency Virus (HIV)/Acquired
Immunodeficiency Syndrome (AIDS) (UNAIDS) released the World AIDS Day Report 2023,
titled “Let Communities Lead”.
B) The report states that AIDS can be ended as a public health threat by 2030, if only frontline
communities get full support from governments and donors.
C) The report was launched in London, United Kingdom (UK) at a World AIDS Day event hosted
by STOPAIDS, a civil society organisation.
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C
5) All A, B & C
Answer- 5) All A, B & C
Explanation:
Ahead of World AIDS Day 2023 (1 December 2023), the Joint United Nations Programme on Human
Immunodeficiency Virus (HIV)/Acquired Immunodeficiency Syndrome (AIDS) (UNAIDS) released the
World AIDS Day Report 2023, titled “Let Communities Lead”.
• The report states that AIDS can be ended as a public health threat by 2030, if only frontline
communities get full support from governments and donors.
• The report was launched in London, United Kingdom (UK) at a World AIDS Day event hosted
by STOPAIDS, a civil society organisation.
• The 2023 theme of World AIDS Day is “Let Communities Lead”.
i. The report underscores the pivotal role of community-led interventions in achieving the end of AIDS
and ensuring sustained progress.
ii. The report is “an urgent call to action for governments and international partners to enable and
support communities in their leadership roles”.
- Name the new life insurance plan that has recently (in Nov ‘23) launched by the Life
Insurance Corporation of India (LIC) with Lifetime Guaranteed Returns.
1) Jeevan Utsav
2) Jeevan Anand
3) Jeevan Dhan Sanchay
4) Jeevan Dhan Vridhhi
5) Jeevan Jyoti
Answer- 1) Jeevan Utsav
Explanation:
The Life Insurance Corporation of India (LIC) has launched Jeevan Utsav plan, a Non-Linked, Non-
Participating, Individual, Savings, Whole Life Insurance plan, which provides insurance coverage for
the entire lifetime of the insured individual.
i. The plan is available in two payout options namely
• Regular income benefits: 10% of the basic sum assured chosen by the policyholder will be
paid at the end of each policy year (starting after 3 to 6 years).
• Flexi income benefits: 10% of the basic sum assured payable can be accumulated and
withdrawn later.
- According to the Organization for Economic Cooperation and Development (OECD) Economic
Outlook November 2023 titled ‘Restoring growth’, the real Gross Domestic Product (GDP)
growth of India is expected to be at __________ in the financial year (FY) 2023-24.
1) 6.6%
2) 6.2%
3) 6.5%
4) 6.3%
5) 6.0%
Answer- 4) 6.3%
Explanation:
According to the Organization for Economic Cooperation and Development (OECD) Economic Outlook
November 2023 titled ‘Restoring growth’, the real Gross Domestic Product (GDP) growth of India is
expected to be at 6.3% in the financial year (FY) 2023-24.
• The report also pointed out that the economy will slow down to 6.1% in FY25 due to adverse
weather-related events and the weakening international outlook.
i. Due to the slower growth rates the parameters such as inflation expectations, housing prices, and
wages are all anticipated to moderate.
ii. This will facilitate the convergence of headline inflation toward 4.2%, enabling the Reserve Bank of
India (RBI) to reduce interest rates from mid-2024, reaching 5.5% by the end of 2025.
- Who has recently (in Nov ‘23) won the Chevalier de la Légion d’Honneur, the highest civilian
award of France, for the contributions in promoting space cooperation between India and
France?
1) Kalpana Kalahasti
2) V R Lalithambika
3) Ritu Karidhal
4) Nandini Harinath
5) Tessy Thomas
Answer- 2) V R Lalithambika
Explanation:
Dr V R Lalithambika, a distinguished scientist at the Indian Space Research Organisation (ISRO) was
honoured with “Chevalier de la Légion d’Honneur”, the highest civilian award of France, for her
contributions in promoting space cooperation between India and France.
i. On behalf of the French Government, Thierry Mathou Ambassador of France to India, conferred the
award to her during the event held in Bengaluru, Karnataka.
ii. She becomes the 2nd ISRO scientist to receive the award. Previously, A S Kiran Kumar, former
chairman of ISRO received the award in 2019.
- Name the personality who has recently (in Nov ‘23) honoured with “Chevalier de l’Ordre des
Arts et des Lettres” (Knight of the Order of Arts and Letters).
1) Rahman Abbas
2) Aruni Kashyap
3) Rakhshanda Jalil
4) Vivek Shanbhag
5) Arshia Sattar
Answer- 5) Arshia Sattar
Explanation:
Eminent Indian author and translator, Dr Arshia
Sattar, was honoured with “Chevalier de l’Ordre
des Arts et des Lettres” (Knight of the Order of Arts
and Letters), a prestigious honor from French
Government, for her commitment to cultural
relationship and cooperation between diverse
literary worlds.
i. Thierry Mathou presented the insignia of the
award to Arshia Sattar at a special ceremony at the
Consulate General of France in Bengaluru, Karnataka.
- In November 2023, the Competition Commission of India (CCI) approved the proposed
acquisition by Atlas 2022 Holdings Limited to increase its voting rights/shareholding in
Vodafone Group Plc (Vodafone) from __________ to less than 25%.
1) 20.4%
2) 11.2%
3) 14.6%
4) 15.9%
5) 12.5%
Answer- 3) 14.6%
Explanation:
The Competition Commission of India (CCI) approves the proposed acquisition by Atlas 2022
Holdings Limited to increase its voting rights/shareholding in Vodafone Group Plc (Vodafone) from
14.6% to less than 25% through a series of on-market and/or off-market transactions.
• Atlas 2022 Holdings Limited (Atlas), a wholly-owned subsidiary of Emirates
Telecommunications Group Company PJSC (e&), plays a pivotal role in acquiring and holding
e&’s significant 14.6% interest in Vodafone.
i. CCI approved the acquisition of shareholding of Delanord Investments Limited (Delanord) by Abu
Dhabi Ports Company PJSC (Abu Dhabi Ports Company).
- In November 2023, the SBI Mutual Fund (SBI MF) received approval from the Reserve Bank
of India (RBI) for acquiring aggregate holding of up to 9.99% of the paid-up share capital of
______________ (Bank).
1) South Indian Bank
2) Karur Vysya Bank
3) Axis Bank
4) IDFC FIRST Bank
5) RBL Bank
Answer- 2) Karur Vysya Bank
Explanation:
The SBI Mutual Fund (SBI MF) received approval from the Reserve Bank of India (RBI) for acquiring
aggregate holding of up to 9.99% of the paid-up share capital or voting rights of Karur Vysya Bank
Ltd (KVB).
i. SBI MF has received regulatory approval, pursuant to Regulation 30 of the Securities and Exchange
Board of India (SEBI)(Listing Obligations and Disclosure Requirements) Regulations, 2015.
ii. The approval has been granted in accordance with the application submitted by SBI MF to the RBI.
• As per the approval, SBI MF must acquire major shareholding within 1 year from the RBI’s
letter. Failure to do so will result in the automatic cancellation of the approval.
- Which company has recently (in Nov ‘23) received the second type certificate for medium
category drones from the Directorate General of Civil Aviation (DGCA)?
1) Garuda Aerospace Private Limited
2) Paras Defence and Space Technologies Limited
3) Dhaksha Unmanned Systems Private Limited
4) Thanos Technologies Private Limited
5) TechEagle Private Limited
Answer- 1) Garuda Aerospace Private Limited
Explanation:
Chennai (Tamil Nadu) based Garuda Aerospace Private Limited has secured the second type
certificate for medium category drones from the Directorate General of Civil Aviation (DGCA).
i. The certification showcases Garuda Aerospace’s dedication to pioneering advancements in
Unmanned Aerial Vehicle(UAV) technology.
ii. The DGCA Type Certification is issued under the provision of Rule 8 and Rule 9 (3) of the Drone
Rules 2021.
- Name the personality from India who has recently (in Nov ‘23) won the bronze medal in the
Men’s 25m rapid fire pistol event at the International Shooting Sport Federation (ISSF) World
Cup Final Rifle/Pistol/Shotgun 2023.
1) Gagan Narang
2) Saurabh Chaudhary
3) Anish Bhanwala
4) Vijay Kumar
5) Rituraj Singh
Answer- 3) Anish Bhanwala
Explanation:
Indian shooter Anish Bhanwala won the bronze medal in the Men’s 25m rapid fire pistol event at
the International Shooting Sport Federation (ISSF) World Cup Final Rifle/Pistol/Shotgun 2023
held in Lusail Shooting Range in Doha, Qatar held from 18th to 26th November 2023.
• This was India’s 1st medal in the men’s 25m rapid fire pistol event in the ISSF World Cup Final
history.
• Anish Bhanwala’s Bronze was the first and last medal of India at ISSF World Cup Final 2023.
i. India ranks 13th, along with Czechia; Great Britain, Latvia & the United States of America(USA), in
the medal tally with 1 bronze.
ii. The ISSF World Cup Final 2023 Medal tally is topped by China with 8(2 gold, 4 Silver and 2 Bronze)
followed by Germany (4 - 2 gold, 1 silver, 1 bronze) and Italy (6 - 1 gold, 3 silver, 2 bronze).
- In November 2023, Henry Alfred Kissinger, the Nobel Peace Prize winner and former
American Diplomat, passed away.
In which year did he receive the Nobel Peace Prize along with Le Duc Tho(Vietnam)?
1) 1981
2) 1986
3) 1971
4) 1973
5) 1990
Answer- 4) 1973
Explanation:
Henry Alfred Kissinger, the Nobel Peace Prize winner and former American Diplomat, passed
away at the age of 100 in Connecticut, the United States of America(USA).
• Henry Kissinger was born as Heinz Alfred Kissinger in Furth, Germany, on 27th May 1923. His
family moved to the USA in 1938.
i. He served as the 56th Secretary of State of the United States from 1973 to 1977. In addition, he held
the post of National Security Adviser from 1969 to 1975.
ii. He received the Nobel Peace Prize in 1973, jointly with Le Duc Tho(Vietnam), for jointly
negotiating a ceasefire in Vietnam in 1973.
• He was honoured with the USA’s highest civilian honor, the Presidential Medal of Freedom in
1977.
- Which Indian Non-Government Company, along with Modi Story has recently edited and
compiled the book, “Resilient India: How Modi Transformed India’s Disaster Management
Paradigm”, released by Pushkar Singh Dhami , Chief Minister (CM) of Uttarakhand in
November 2023?
1) Bluekraft Digital Foundation
2) World Vision India
3) Save the Children India
4) Pratham
5) Akanksha Foundation
Answer- 1) Bluekraft Digital Foundation
Explanation:
Pushkar Singh Dhami , Chief Minister (CM) of Uttarakhand, released a new book titled “Resilient
India: How Modi Transformed India’s Disaster Management Paradigm” at the 6th World
Congress on Disaster Management in Dehradun, Uttarakhand.
i. The book is edited and compiled by Bluekraft Digital Foundation and Modi Story. It is published
by Rupa Publications India.
ii. The book highlights Prime Minister Narendra Modi’s efforts in transforming India’s disaster
management approach.
- Who authored the book, “India’s Moment: Changing Power Equations around the World”
that was released by Vikram K. Doraiswami, High Commissioner(HC) of India?
1) Ravi Kumar Jain
2) Sandeep Singh
3) Vinod K. Jacob
4) Girish Chandra Pujari
5) Mohan Kumar
Answer- 5) Mohan Kumar
Explanation:
Vikram K. Doraiswami, High Commissioner(HC) of India in London, United Kingdom(UK), released
a new book titled “India’s Moment: Changing Power Equations around the World” authored by
Ambassador (Dr.) Mohan Kumar, one of India’s leading experts on foreign trade.
i. The book is published by HarperCollins Publisher India
ii. The book highlights the fundamental factors and traces how India’s positions in international
negotiations have evolved over time.
iii. He has also served as India’s ambassador to Bahrain and France.
- When was the United Nations (UN) Day of Remembrance for All Victims of Chemical
Warfare 2023 observed across the globe?
1) 28th November 2023
2) 30th November 2023
3) 27th November 2023
4) 29th November 2023
5) 26th November 2023
Answer- 2) 30th November 2023
Explanation:
The United Nations (UN) Day of Remembrance for
All Victims of Chemical Warfare 2023 was observed
across the globe on 30th November 2023 to pay
tribute to the victims, who lost their lives or suffered
from chemical warfare.
• The Day also reaffirms the commitment of the
Organisation for the Prohibition of Chemical
Weapons (OPCW) to eliminate the chemical
weapons threat and promote the goals of peace, security, and multilateralism.
i. The first Day of Remembrance for All Victims of Chemical Warfare was observed on 30 November
2016.
ii. On November 30, 2023, a homage to the memory of the victims and to uphold the dignity of
survivors was held by the UNGA’s first committee to commemorate the Day of Remembrance for all
Victims of Chemical Warfare 2023.
• On November 29, 2023, the OPCW member states marked the 26th anniversary of the entry
into force of the CWC.
- Where is the Headquarters of the Joint United Nations Programme on HIV/AIDS (UNAIDS)
located?
1) Geneva, Switzerland
2) Vienna, Austria
3) Paris, France
4) London, United Kingdom
5) Rome, Italy
Answer- 1) Geneva, Switzerland
Explanation:
About Joint United Nations Programme on HIV/AIDS (UNAIDS):
Executive Director– Winnie Byanyima
Headquarters– Geneva, Switzerland
Started Operations in– 1996
- What is the Tagline of Karur Vysya Bank?
1) We understand your world
2) The Banker To Every Indian
3) Smart Way to Bank
4) Where service is a way of life
5) Good People to Grow With
Answer- 3) Smart Way to Bank
Explanation:
About Karur Vysya Bank (KVB):
Managing Director (MD) & Chief Executive Officer (CEO)– B Ramesh Babu
Headquarters– Karur, Tamil Nadu
Tagline– Smart Way to Bank
Started in– 1916
