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December 3, 2023 Current Affairs

1. What Indian state recently launched 'Mission Daksh' to support academically challenged students in Classes 3-8 in government-operated schools?

A.    Uttar Pradesh

B.    Maharashtra

C.    Tamil Nadu

D.    Bihar

Answer: Option D

Explanation:

Bihar's 'Mission Daksh' stands as a beacon of hope for academically challenged students in Classes 3-8, offering them the support they need to thrive academically. By addressing the learning gaps and providing specialized classes in key subjects, this initiative empowers students to overcome obstacles and achieve their full potential. Through its statewide implementation and collaborative efforts, 'Mission Daksh' is a testament to Bihar's commitment to inclusive and quality education for every child.

 


 


2. What is the reason behind the $2.5 billion surge in India's foreign exchange reserves reported by the Reserve Bank of India (RBI)?

A.    Increased government spending

B.    Foreign portfolio flows into the debt market

C.    Rise in exports

D.    Reduction in imports

Answer: Option B

Explanation:

 The $2.5 billion surge in India's foreign exchange reserves reported by the RBI can be primarily attributed to foreign portfolio flows into the debt market. This strategic move has not only bolstered India's economic position but also reflects the confidence that foreign investors have in the country's financial stability. As India continues to navigate its economic landscape, maintaining a healthy level of foreign exchange reserves remains crucial for a thriving economy..



 

 



3. What percentage of ₹2,000 banknotes has the Reserve Bank of India (RBI) successfully withdrawn from circulation as of May 19, 2023?

A.    97.26%

B.    98.26%

C.    99.02%

D.    96.79%

Answer: Option A

Explanation:

the Reserve Bank of India's withdrawal of 97.26% of ₹2,000 banknotes from circulation as of May 19, 2023, stands as a remarkable accomplishment. This achievement underscores the RBI's commitment to effective currency management, monetary policy goals, and the promotion of a transparent and cashless economy. By striking a balance between supply and circulation, the RBI continues to steer India's monetary landscape towards a brighter future.

 


 


4. With which institution did the Reserve Bank of India (RBI) sign a Memorandum of Understanding (MoU) on bond clearing settlement?

A.    International Monetary Fund

B.    World Bank

C.    European Central Bank

D.    Bank of England

Answer: Option D

Explanation:

The signing of the MoU between the RBI and the Bank of England marks a significant step forward in the growth and development of the Indian bond market. By leveraging the Bank of England's expertise and network, Indian sovereign bonds gain increased visibility and accessibility in the global financial landscape. This partnership has the potential to attract greater investments, enhance liquidity, and reinforce the position of Indian bonds as an attractive investment option.



 

 



5. Which organization has unveiled plans for its first X-Ray Polarimeter Satellite (XPoSat)?

A.    Indian Space Research Organization

B.    NASA

C.    European Space Agency

D.    China National Space Administration

Answer: Option A

Explanation:

ISRO's X-Ray Polarimeter Satellite (XPoSat) represents a significant milestone in India's space exploration journey. With its advanced technology and scientific objectives, this mission will unlock new frontiers of knowledge in X-ray astronomy. As ISRO continues to push the boundaries of scientific exploration, we eagerly await the launch of XPoSat and the groundbreaking discoveries it will bring. Exciting times lie ahead as humanity embarks on another cosmic odyssey.

 


 


6. Who laid the foundation stone for the National Skill Training Institutes (NSTI) Plus, an initiative to uplift Odisha's youth with demand-driven vocational education?

A.    Narendra Modi

B.    Anurag Thakur

C.    Dharmendra Pradhan

D.    Droupadi Murmu

Answer: Option C

Explanation:

The foundation stone laid by Shri Dharmendra Pradhan for NSTI Plus marks a significant milestone in empowering the youth of Odisha. Through demand-driven vocational education, this initiative has the potential to transform lives, enhance employability, and contribute to the state's overall growth. As the project progresses, it is expected to create a positive impact on the socio-economic landscape of Odisha, paving the way for a brighter future for its youth.

 


 


7. On which date is National Pollution Control Day 2023 observed?

A.    December 1

B.    December 3

C.    December 2

D.    December 4

Answer: Option C

Explanation:

National Pollution Control Day 2023, observed on December 2, serves as a poignant reminder of the Bhopal Gas incident and the importance of pollution control. It symbolizes the collective responsibility to safeguard our planet for a clean and healthy future. The theme of "Sustainable Development for a Clean and Healthy Planet" highlights the need for balance between environmental preservation and sustainable growth. Let us all strive towards a pollution-free world and work together to promote sustainable practices.



 

 



8. What is the purpose of the $30 billion fund unveiled by UAE President Mohammed bin Zayed Al Nahyan at COP-28?

A.    Funding for space exploration projects

B.    Educational development programs

C.    Medical research initiatives

D.    Global climate solutions

Answer: Option D

Explanation:

the $30 billion fund unveiled by UAE President Mohammed bin Zayed Al Nahyan at COP-28 represents a remarkable commitment to global climate solutions. By addressing financial challenges associated with climate issues, fostering innovation, promoting collaboration, and empowering developing nations, the UAE aims to spearhead a sustainable revolution. This fund serves as a beacon of hope, inspiring nations worldwide to come together and take decisive action towards a greener, more resilient future.

 


 


9. Who is set to become the Chairman of India Debt Resolution Co Ltd (IDRCL) following Diwakar Gupta's resignation?

A.    Narayan Seshadri

B.    Diwakar Gupta

C.    An independent director

D.    KPMG executive

Answer: Option A

Explanation:

Narayan Seshadri, a former KPMG managing partner, is set to become the Chairman of IDRCL following Diwakar Gupta's resignation. His extensive experience and proven leadership qualities position him as an excellent choice for this crucial role. As IDRCL moves forward under Seshadri's guidance, the company can expect a bright and prosperous future.

 


 


10. When is the International Day of Persons with Disabilities 2023 observed?

A.    December 1

B.    December 3

C.    December 5

D.    December 7

Answer: Option B

Explanation:

The International Day of Persons with Disabilities, observed on December 3, serves as a powerful reminder of the importance of inclusivity and support for individuals with disabilities. By raising awareness and promoting understanding, we can contribute to building a more inclusive society that values and respects the rights and dignity of all individuals, regardless of their abilities.


 



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