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December 16, 2023 Current Affairs

1. Which country recently decided not to renew an agreement with India that allowed India to conduct hydrographic surveys in its waters?

A.   Sri Lanka

B.   Pakistan

C.   Maldives

D.   Bangladesh

Answer: Option C

Explanation:

the Maldives' choice not to renew the hydrographic survey agreement with India raises intriguing questions about the shifting maritime landscape in the region. While national security concerns and the safeguarding of sensitive information are key factors, it is essential to consider the broader geopolitical dynamics at play. As the waves of change continue to shape the region, only time will reveal the full implications of this decision. Stay tuned for further developments on the high seas of international relations.


 



2. In which country is the world's deepest and largest underground laboratory, known as the Deep Underground and Ultra-low Radiation Background Facility (DURF), operational?

A.   China

B.   Japan

C.   Russia

D.   United States

Answer: Option A

Explanation:

The Deep Underground and Ultra-low Radiation Background Facility (DURF) in China stands as a testament to human curiosity and scientific progress. With its unparalleled depth, advanced infrastructure, and collaborative nature, this underground laboratory has become a beacon of innovation in physics research. As we continue to explore the mysteries of the universe, the DURF will undoubtedly play a vital role in unraveling the secrets hidden beneath our feet.


 



3. Who emerged victorious in the Miss India USA 2023 pageant held in New Jersey?

A.   Rijul Maini

B.   Priya Sharma

C.   Aryan Kapoor

D.   Natasha Singh

Answer: Option A

Explanation:

Rijul Maini, with her undeniable beauty, talent, and cultural pride, emerged victorious in the Miss India USA 2023 pageant held in New Jersey. Her remarkable journey and ultimate triumph serve as an inspiration to aspiring young women everywhere. The pageant not only showcased the incredible talent within the Indian-American community but also celebrated the essence of cultural heritage and diversity.


 



4. What is the name of the artificial intelligence venture founded by Bhavish Aggarwal, co-founder of Ola, which has introduced a family of multilingual AI models?

A.   MindMatrix AI

B.   Element AI

C.   QuantumMind AI

D.   Krutrim AI

Answer: Option D

Explanation:

In a world where language is the key to effective communication, Krutrim AI emerges as a game-changer. Bhavish Aggarwal's visionary venture has introduced a family of multilingual AI models that not only bridge the language gap but also prioritize cultural connect and accessibility. By combining technology, linguistics, and affordability, Krutrim AI paves the way for a future where language is no longer a barrier, but a unifying force. With Krutrim AI, the possibilities are endless.


 



5. What led the Reserve Bank of India (RBI) to impose monetary penalties on five cooperative banks, including Indapur Urban Co-operative Bank and Janakalyan Sahakari Bank?

A.   Financial Mismanagement

B.   Regulatory Compliance Deficiencies

C.   Customer Service Issues

D.   Technological Failures

Answer: Option B

Explanation:

The RBI's imposition of monetary penalties on cooperative banks, including Indapur Urban Co-operative Bank and Janakalyan Sahakari Bank, highlights the significance of regulatory compliance in the banking sector. It serves as a reminder that all financial institutions, regardless of their size or nature, must prioritize adherence to banking regulations to ensure a stable and secure banking system for all stakeholders involved.



 


6. Which country's government is considering social media restrictions for under-16s?

A.   United Kingdom

B.   Canada

C.   Australia

D.   New Zealand

Answer: Option A

Explanation:

the United Kingdom government's contemplation of social media restrictions for under-16s reflects a growing emphasis on online safety and the well-being of young individuals. By implementing age verification measures and enhanced privacy settings, the UK aims to create a safer digital space for teenagers. As governments worldwide focus on these issues, it is imperative to strike a balance between protection and privacy, ensuring that young individuals can navigate the online world securely. Together, we can foster a culture of responsible digital citizenship and empower the youth to make the most of the online realm while staying safe and protected.


 



7. What is the codename for India's covert stealth combat drone project associated with the successful flight trials of the Autonomous Flying Wing Technology Demonstrator?

A.   Mirage

B.   Falcon

C.   Phantom

D.   Ghatak

Answer: Option D

Explanation:

Project Ghatak represents a significant leap forward in India's defense capabilities. The successful flight trials of the Autonomous Flying Wing Technology Demonstrator highlight the progress made in developing an indigenous stealth combat drone. With its stealth features, advanced technologies, and strategic implications, Project Ghatak has the potential to reshape the future of warfare. As India continues to invest in cutting-edge defense projects, it reinforces its commitment to safeguarding national security and maintaining its position on the global stage.



 


8. Who received the Visionary Leader Icon Award of the Year 2023 from AASRAA at the 5th National Summit in New Delhi?

A.   Irfan Razack

B.   Srinivas Naik Dharavath

C.   Gaurav Pandey

D.   Kushal Pal Singh

Answer: Option B

Explanation:

the Visionary Leader Icon Award of the Year 2023 presented by AASRAA at the 5th National Summit in New Delhi serves as a testament to the exceptional leadership qualities and outstanding contributions of Dr. Srinivas Naik Dharavath. His visionary mindset, innovation, and unwavering commitment have shaped the real estate industry and inspired others to reach new heights. This award not only recognizes Dr. Dharavath's achievements but also serves as a reminder of the importance of visionary leadership in driving positive change.


 



9. What is the new name of the Poonawalla housing finance company that recently underwent a rebranding after being acquired by TPG Capital Asia?

A.   Apex Housing Finance

B.   Shelter Housing Finance

C.   Grihum Housing Finance

D.   Prime Housing Finance

Answer: Option C

Explanation:

the rebranding of Poonawalla Housing Finance into Grihum Housing Finance is a testament to the company's adaptability and commitment to growth. The acquisition by TPG Capital Asia provided the impetus for this strategic move, aligning the brand with new ownership and future aspirations. Grihum Housing Finance's new identity captures its essence and positions the company for continued success in the ever-evolving housing finance landscape.



 


10. On which date is Vijay Diwas observed every year, commemorating India's triumph in the 1971 war against Pakistan?

A.   December 18

B.   November 14

C.   December 16

D.   January 26

Answer: Option C

Explanation:

Vijay Diwas, observed annually on December 16, stands as a testament to the triumph and valor of the Indian armed forces during the 1971 war against Pakistan. This significant event led to the creation of Bangladesh and remains a milestone in the history of both nations. It serves as a reminder of the sacrifices made by brave soldiers and the enduring spirit of freedom. Let us remember and honor their courage on this auspicious day.


 



11. Where was Barracuda, India's fastest solar-electric boat, launched?

A.   Dal Lake

B.   Varanasi

C.   Pichavaram

D.   Alappuzha

Answer: Option D

Explanation:

The launch of Barracuda in Alappuzha marks a remarkable milestone in India's journey towards sustainable transportation. This futuristic solar-electric boat showcases the nation's commitment to innovation and environmental stewardship. As Barracuda takes to the waters, it symbolizes the harmonious coexistence of technology and nature, offering a glimpse into a greener and more sustainable future for maritime travel.


 



12. What are the names of the co-branded credit cards introduced through the collaboration of IDFC FIRST Bank, LIC Cards, and Mastercard?

A.   Master Elite and LIC Gold

B.   IDFC FIRST Card and LIC Mastercard

C.   LIC Classic and LIC Select

D.   Financial Freedom and Platinum Plus

Answer: Option C

Explanation:

the collaboration between IDFC FIRST Bank, LIC Cards, and Mastercard has introduced two co-branded credit cards, LIC Classic and LIC Select. These credit cards offer a host of benefits, including reward points, insurance coverage, easy EMI options, enhanced rewards programs, lifestyle privileges, and fuel surcharge waivers. With their diverse features, these co-branded credit cards provide policyholders with a powerful tool to manage their finances effectively while enjoying a range of exclusive advantages.


 



13. Which organization has signed a Rs 5,336.25 crore contract with the Ministry of Defence for the 10-year supply of Electronic Fuzes?

A.   Bharat Electronics Limited

B.   Hindustan Aeronautics Limited

C.   Tata Advanced Systems

D.   Defence Research and Development Organisation

Answer: Option A

Explanation:

The signing of the Rs 5,336.25 crore contract between Bharat Electronics Limited and the Ministry of Defence marks a significant milestone in India's defense industry. This step not only strengthens the country's defense capabilities but also promotes self-reliance in ammunition. With BEL's expertise and cutting-edge technology, the armed forces can now rely on state-of-the-art Electronic Fuzes, further empowering them to safeguard the nation's security. This contract serves as a testament to India's commitment to indigenization and technological advancement in the defense sector.



 


14. What agreement governs the swift clearance of goods under the India-Korea Electronic Origin Data Exchange System (EODES)?

A.   Bilateral Trade Agreement

B.   International Customs Protocol

C.   Economic Collaboration Initiative

D.   Comprehensive Economic Partnership Agreement

Answer: Option D

Explanation:

The India-Korea Electronic Origin Data Exchange System (EODES), governed by the Comprehensive Economic Partnership Agreement (CEPA), stands as a testament to the commitment of India and Korea in streamlining trade processes. This innovative system not only ensures swift clearance of goods but also promotes transparency, trust, and economic collaboration. As the world moves towards digitization and efficient trade practices, the EODES serves as a shining example of a bilateral initiative that sets the stage for a prosperous future.


 



15. Which financial institution has ventured into the paper packaging industry with a ₹49.99 Crore investment in Canpac Trends Private Limited?

A.   ICICI Bank

B.   HDFC Bank

C.   State Bank of India

D.   Axis Bank

Answer: Option C

Explanation:

the State Bank of India's investment in Canpac Trends Private Limited marks a significant milestone in the bank's diversification strategy. This strategic move demonstrates SBI's forward-thinking approach and its ability to identify promising opportunities beyond traditional banking. As the paper packaging industry continues to thrive, SBI's investment positions the bank for long-term growth and capital appreciation. It will be fascinating to observe how this venture unfolds and the potential impact it has on both SBI and Canpac Trends.



 

 

 

 

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