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December 5, 2023 Current Affairs

1. Which entity and team received the "Outstanding Contribution to Brand India" award?

A.    Department of Space and PSLV Development Team

B.    Indian National Space Agency and Team Chandrayaan-2

C.    National Space Society of India and Gaganyaan Team

D.    ISRO and Team Chandrayaan-3

Answer: Option D

Explanation:

the "Outstanding Contribution to Brand India" award rightfully celebrated the remarkable journey of ISRO and Team Chandrayaan-3. Their unwavering spirit, pioneering technological advancements, and successful lunar landing have not only brought pride to the nation but also paved the way for future endeavors in space exploration. This historic achievement will forever be etched in the annals of India's space exploration, solidifying ISRO's position as a global leader and inspiring generations to come.


 


2. Which organization recently delivered INS Sandhayak, India's largest-ever survey vessel, to the Indian Navy, marking a significant milestone in the indigenous shipbuilding industry?

A.    Garden Reach Shipbuilders and Engineers Ltd

B.    Mazagon Dock Shipbuilders Ltd

C.    Hindustan Shipyard Ltd

D.    Goa Shipyard Ltd

Answer: Option A

Explanation:

The delivery of INS Sandhayak by GRSE to the Indian Navy represents a significant milestone in the indigenous shipbuilding industry. It showcases India's growing capabilities in constructing technologically advanced vessels and highlights the commitment towards self-reliance in defense. With INS Sandhayak, the Indian Navy gains a powerful asset that will bolster its surveying capabilities and contribute to the nation's overall maritime security. This achievement paves the way for further advancements in indigenous shipbuilding, fostering national pride and strengthening India's position in the global defense arena.



 



3. Which sections of the Banking Regulation Act, of 1949 were cited in the cancellation of the license of Kolhapur's Shankarrao Pujari Nutan Nagari Sahakari Bank?

A.    Sections 11(1) and 22(3)(d)

B.    Sections 5(a) and 55

C.    Sections 5(b) and 56

D.    Sections 21(1) and 60

Answer: Option C

Explanation:

the license cancellation of Shankarrao Pujari Nutan Nagari Sahakari Bank was based on the violations of Sections 5(b) and 56 of the Banking Regulation Act, 1949. These sections specifically address the acceptance and repayment of deposits, which are fundamental aspects of banking operations. It is essential for banks to adhere to these regulations to ensure the trust and confidence of depositors and maintain the integrity of the banking sector.


 


4. Who secured the title of Best Youth Athlete at the Asian Paralympic Committee awards ceremony during the fourth edition of the Asian Awards in Riyadh?

A.    Radha Sharma

B.    Sheetal Devi

C.    Aryan Singh

D.    Rohit Verma

Answer: Option B

Explanation:

Conclusion:

Sheetal Devi's triumph at the Asian Paralympic Committee awards ceremony is a testament to her exceptional talent and unwavering spirit. Through her achievements, she has not only brought glory to herself and the nation but has also shattered stereotypes and proven that determination knows no boundaries. She stands as a beacon of hope, inspiring countless individuals to pursue their dreams despite any challenges they may face. Sheetal Devi's journey serves as a reminder that with passion, hard work, and resilience, one can overcome any obstacle and emerge victorious.


 


5. Which business group became the fifth conglomerate to breach Rs.10 lakh crore in market capitalization?

A.    Tata Group

B.    Reliance Industries

C.    HDFC Bank

D.    Bajaj Group

Answer: Option D

Explanation:

The Bajaj Group's ascent to the Rs.10 lakh crore market capitalization club is a testament to their unwavering determination, strategic vision, and relentless pursuit of excellence. In a highly competitive environment, they have carved a niche for themselves and established a strong foothold across multiple industries. As they continue to forge ahead, it will be fascinating to witness their journey and the impact they will make on the Indian economy.



 



6. What approach is China's National Financial Regulatory Administration adopting for financial risk management, aiming to address concerns about economic struggles at the provincial level?

A.    Centralized Control Model

B.    Sector-Specific Strategies

C.    'One Province, One Policy' Approach

D.    Nationwide Risk Mitigation

Answer: Option C

Explanation:

In tackling economic struggles at the provincial level, China's National Financial Regulatory Administration has adopted a 'One Province, One Policy' approach. This strategy recognizes the need for tailored interventions to address diverse challenges arising from factors such as Covid Zero policies and the property crisis. By embracing a localized approach, the administration aims to foster economic stability, promote growth, and alleviate regional disparities. Through this proactive approach, China's financial regulatory landscape continues to evolve, adapting to the ever-changing economic landscape.


 


7. Which word was chosen as the Oxford University Press Word of the Year, reflecting the linguistic choices of Generation Z?

A.    Rizz

B.    Swiftie

C.    Situationship

D.    Prompt

Answer: Option A

Explanation:

"Rizz" has emerged as the Oxford University Press Word of the Year for Generation Z, surpassing other notable contenders like "Swiftie," "situationship," and "prompt." This word exemplifies the unique linguistic choices and innovative expressions of today's youth. Language continues to evolve, and with each passing year, we witness the birth of new words that reflect the ever-changing cultural and social landscape.


 


8. On which date is World Soil Day observed annually to recognize the crucial role soil plays in sustaining life on Earth?

A.    December 1

B.    December 5

C.    December 10

D.    December 15

Answer: Option B

Explanation:

World Soil Day, observed annually on December 5th, serves as a reminder of the invaluable role that soil plays in sustaining life on Earth. It calls for collective efforts to preserve and protect our soil from degradation. By raising awareness, promoting sustainable practices, and encouraging individual action, we can ensure that future generations inherit a healthy and fertile soil that supports thriving ecosystems and sustains our planet.


 


9. Who has been honoured with the 35th Jimmy George Foundation Award for emerging as the best sportsperson of Kerala?

A.    M. Sreeshankar

B.    P. Prakash

C.    K. Karthik

D.    S. Sudha

Answer: Option A

Explanation:

M. Sreeshankar's journey to becoming Kerala's best sportsperson has been nothing short of extraordinary. His relentless pursuit of excellence, coupled with his impressive achievements in the long jump, has rightfully earned him the 35th Jimmy George Foundation Award. Sreeshankar's story serves as an inspiration to all aspiring athletes, reminding us that with passion, dedication, and perseverance, we can overcome any obstacle and achieve greatness.



 



10. Which financial institution partnered with Water.org to offer water, sanitation, and hygiene loans in India?

A.    State Bank of India

B.    HDFC Bank

C.    Axis Bank

D.    Ujjivan SFB

Answer: Option D

Explanation:

The strategic partnership between Ujjivan SFB and Water.org marks an important milestone in addressing water, sanitation, and hygiene challenges in India. By offering affordable financing options, this collaboration empowers communities and individuals to take control of their own well-being. Through their combined efforts, Ujjivan SFB and Water.org are working towards a future where every Indian has access to clean water, proper sanitation, and improved hygiene facilities. Together, they are making a tangible difference and setting an inspiring example for others to follow.



 



11. Which telecommunications company recently became the 8th company to surpass Rs.6 lakh crore market capitalization?

A.    Reliance Jio

B.    Bharti Airtel

C.    Vodafone Idea

D.    BSNL

Answer: Option B

Explanation:

Bharti Airtel's remarkable achievement of crossing the Rs.6 lakh crore market capitalization milestone is a testament to its strong market position, strategic expansion, technological advancements, and positive market sentiment. As the telecommunications industry continues to evolve, Bharti Airtel's growth trajectory showcases its ability to adapt and thrive in a competitive landscape. With its unwavering commitment to excellence, Bharti Airtel is poised to continue pushing boundaries and shaping the future of telecommunications.


 


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