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December 14, 2023 Current Affairs

1.    Which Indian state recently introduced the 'Maha Lakshmi Scheme,' offering free bus travel for women, girls, and transgender individuals?

A.   Telangana

B.   Kerala

C.   Tamil Nadu

D.   Andhra Pradesh

Answer: Option A


The 'Maha Lakshmi Scheme' introduced by Telangana's government marks a significant leap towards empowering women, girls, and transgender individuals. By providing free bus travel, this initiative not only enhances mobility but also promotes inclusivity, gender equality, and socio-economic development. As other states take note of this progressive move, it is hoped that similar schemes will be implemented nationwide, creating a more equitable and accessible society for all.



2. What is the primary focus of the €70 million Line of Credit (LoC) agreement between the State Bank of India (SBI) and the German Development Bank KfW?

A.   Wind energy projects

B.   Water conservation initiatives

C.   Sustainable agriculture programs

D.   Solar projects

Answer: Option D


The primary focus of the €70 million Line of Credit (LoC) agreement between SBI and KfW is to support solar projects in India, reinforcing the commitment to sustainable energy solutions and increasing solar power capacity.


3. Which bank has received authorization from the Reserve Bank of India (RBI) to disburse pensions through e-Pension Payment Orders (e-PPOs) for retired Ministry of Railways employees?

A.   State Bank of India

B.   Bandhan Bank

C.   RBL Bank

D.   Federal Bank

Answer: Option B


The authorization of Bandhan Bank by the RBI to disburse pensions through e-PPOs for retired Ministry of Railways employees marks a significant step forward in streamlining the pension distribution process. This collaboration not only simplifies the disbursement procedure but also highlights the power of digital banking solutions in enhancing financial services. With Bandhan Bank's expertise and the support of the Ministry of Railways, retired employees can now enjoy a more convenient and efficient pension disbursement experience. 


4. Who was recently appointed as a part-time member of the Pension Fund Regulatory and Development Authority (PFRDA)?

A.   Rahul Singh

B.   Pankaj Sharma

C.   Anne George Mathew

D.   Parama Sen

Answer: Option D


Parama Sen's appointment as a part-time member of the PFRDA board marks a significant milestone in the journey towards enhancing pension fund governance in India. With her expertise and experience, coupled with a full board, the PFRDA is poised to strengthen its regulatory framework, ensuring transparency, accountability, and the long-term financial security of pension fund beneficiaries.


5. Which bank has partnered with Reliance Industries to finance the production of compressed biogas (CBG) from crop residue?

A.   Citibank

B.   Deutsche Bank

C.   DBS Bank

D.   HSBC Bank

Answer: Option  C


The partnership between Reliance Industries and DBS Bank India marks a significant milestone in the journey towards sustainable energy practices and the reduction of agricultural waste. By financing the production of compressed biogas from crop residue, they are not only addressing environmental challenges but also creating opportunities for farmers and aggregators. This collaboration sets the stage for a greener and more sustainable future.


6. Which badminton men's doubles pair is in line to receive the Major Dhyan Chand Khel Ratna Award?

A.   Pranav Jerry Chopra and Akshay Dewalkar

B.   Manu Attri and B. Sumeeth Reddy

C.   Satwiksairaj Rankireddy and Chirag Shetty

D.   Kidambi Srikanth and Parupalli Kashyap

Answer: Option C


Satwiksairaj Rankireddy and Chirag Shetty have emerged as a powerhouse in the world of badminton men's doubles. Their exceptional achievements and victories at various prestigious tournaments have rightfully earned them recognition and accolades. As they continue to soar to new heights, their journey serves as an inspiration for aspiring badminton players across the globe.


7. Which country recently received the approval of the second tranche of around $337 million from the International Monetary Fund (IMF) under the Extended Fund Facility (EFF)?

A.   Bangladesh

B.   Sri Lanka

C.   Pakistan

D.   Myanmar

Answer: Option B


The approval of the second tranche of around $337 million from the IMF's Extended Fund Facility marks a significant milestone in Sri Lanka's economic recovery journey. This financial support will enable Sri Lanka to address macroeconomic challenges, implement structural reforms, and promote sustainable growth. By leveraging this opportunity effectively, Sri Lanka can pave the way for a brighter and more prosperous future.


8. Which company recently had its Baa2 rating reaffirmed by Moody's Investors Service?

A.   Reliance Industries

B.   Tata Motors

C.   Infosys

D.   Adani Group

Answer: Option A


Moody's reaffirmation of Reliance Industries' Baa2 rating is a testament to the company's resilience and positive performance. It reflects confidence in the company's financial stability and overall creditworthiness. This decision by Moody's underscores Reliance Industries' ability to navigate through challenges, maintain a strong financial position, and inspire trust among stakeholders. As Reliance Industries continues to forge ahead, the reaffirmation sets the stage for further growth and success.


9. In which Indian state is Foxconn set to invest an additional $1.67 billion for diversification and iPhone manufacturing?

A.   Maharashtra

B.   Tamil Nadu

C.   Gujarat

D.   Karnataka

Answer: Option D


Foxconn's strategic investment of $1.67 billion in Karnataka marks a crucial milestone in the growth of India's manufacturing sector. By diversifying its operations and expanding in India, Foxconn not only strengthens its own presence but also propels the development of the Indian economy. The investment will have a transformative impact


10. How many new airports is Uttar Pradesh set to witness in the next two years, according to the plans unveiled by Union Civil Aviation Minister Jyotiraditya Scindia?

A.   Six

B.   Seven

C.   Nine

D.   Five

Answer: Option C


Uttar Pradesh's aviation sector is set to undergo a remarkable transformation with the construction of nine new airports in the next two years. This ambitious endeavor will revolutionize the state's connectivity, boost tourism, foster economic growth, and improve the overall quality of life for its residents. The vision of Union Civil Aviation Minister Jyotiraditya Scindia, coupled with the state government's commitment to development, promises a brighter future for Uttar Pradesh and positions it as a key player in India's aviation landscape.


11. In collaboration with Imperial College London, which global steel leader has committed a substantial investment of ₹100 crore for the establishment of the Centre for Innovation in Sustainable Design and Manufacturing in London?

A.   ArcelorMittal


C.   Tata Steel

D.   Nippon Steel

Answer: Option C


The collaboration between Tata Steel and Imperial College London, culminating in the establishment of the Centre for Innovation in Sustainable Design and Manufacturing, represents a major leap forward in the pursuit of sustainable steel manufacturing. This visionary partnership signifies the commitment of both entities to drive innovation, foster research, and shape the future of the steel industry. With their combined expertise and resources, Tata Steel and Imperial College London are poised to make remarkable strides towards a greener, more sustainable future.


12. In which state was the "Bhagwant Mann Sarkar, Tuhade Dwaar" scheme launched, aiming to provide doorstep delivery of 43 citizen services?

A.   Haryana

B.   Punjab

C.   Delhi

D.   Uttar Pradesh

Answer: Option B


The "Bhagwant Mann Sarkar, Tuhade Dwaar" scheme marks a significant step towards citizen-centric governance in Punjab. By providing doorstep delivery of 43 essential services, it is revolutionizing the way government services are accessed and setting a new standard for convenience and efficiency. As this initiative gains traction, it has the potential to inspire similar reforms across the country, ultimately leading to a more inclusive and accessible government for all citizens of India


13. Which city ranked highest in the Quality of Living Index 2023 by Mercer?

A.   Vienna

B.   Zurich

C.   Munich

D.   Vancouver

Answer: Option A


Vienna's consistent reign as the top-ranked city in the Quality of Living Index can be attributed to its exceptional cultural offerings, safety and security measures, healthcare excellence, and well-developed infrastructure. From historic landmarks to a high standard of living, Vienna provides its residents with a truly remarkable quality of life. It comes as no surprise that Vienna continues to be a shining example of what a city should strive for in terms of livability and overall well-being.


14. What penalty has the Unique Identification Authority of India (UIDAI) imposed against operators found guilty of overcharging for Aadhaar services?

A.   Rs.50,000

B.   Rs.10,000

C.   Rs.75,000

D.   Rs.25,000

Answer: Option A


UIDAI's imposition of a Rs. 50,000 penalty against operators found guilty of overcharging for Aadhaar services demonstrates their dedication to ensuring fair and affordable access for all. This step not only discourages overcharging but also sends a strong message that violating the guidelines set by UIDAI will not be tolerated. By upholding these principles, UIDAI continues to strengthen the Aadhaar ecosystem and its


15. What weapon system does the Indian Defence Ministry's recent approval of Rs 2800 Crore aim to enhance the Indian Army's artillery capabilities?

A.   BrahMos Missile System

B.   Agni Ballistic Missile System

C.   Akash Surface-to-Air Missile System

D.   Pinaka Weapon System

Answer: Option D


The recent approval of Rs 2800 Crore by the Indian Defence Ministry signifies the commitment to strengthening the Indian Army's artillery capabilities. The acquisition of rockets for the Pinaka Weapon System aims to provide the army with an enhanced firepower advantage on the battlefield. With its advanced features, operational advantages, and continuous upgrades, the Pinaka system is set to play a pivotal role in ensuring the Indian Army's dominance in modern warfare.


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