Daily Current Affairs Quiz- 5th December 2023
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The Daily Current Affairs Quiz questions are based on various national and regional newspapers, including government news sources.
The questions are framed on happenings around you to enhance your competitiveness for news based concepts and facts.
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Question 1 of 4
1. Question
With reference to INCREMENTAL CASH RESERVE RATION (I-CAR) consider the following statements
1.The Incremental Cash Reserve Ratio (I-CRR) is a percentage of liquid cash that banks must maintain with the Reserve Bank of India (RBI).
2.I-CRR is a long term measure to absorb excess liquidity in the banking system.
3.Scheduled banks are required to maintain an I-CRR of 15% on the net increase in their demand and time liabilities.
Select the correct answer from options given below?
(a) 1 Only
(b) 2 Only
(c) 1 and 3 Only
(d) All of the aboveCorrect
(b) 2 Only
The Incremental Cash Reserve Ratio (I-CRR) is a percentage of liquid cash that banks must maintain with the Reserve Bank of India. The RBI announced I-CRR as a temporary measure to absorb excess liquidity from the banking system. Scheduled banks are required to maintain an I-CRR of 10% on the net increase in their demand and time liabilities.Incorrect
(b) 2 Only
The Incremental Cash Reserve Ratio (I-CRR) is a percentage of liquid cash that banks must maintain with the Reserve Bank of India. The RBI announced I-CRR as a temporary measure to absorb excess liquidity from the banking system. Scheduled banks are required to maintain an I-CRR of 10% on the net increase in their demand and time liabilities. -
Question 2 of 4
2. Question
With reference to Anti Defection Law in India, consider the following statement:
1.The law specifies that a nominated legislator cannot join any political party within six months of being appointed to the House.
2.The law does not provide any time frame within which the presiding officer has to decide a defection case.
Which of the statements given above is/are correct?
(a) 1 Only
(b) 2 Only
(c) Both 1 and 2
(d) Neither 1 nor 2Correct
(b) 2 Only
Statement 1 is incorrect- A nominated member of a House becomes disqualified for being a member of the House if he joins any political party after the expiry of six months from the date he takes his seat in the House.
The Speaker of the House or the Chairman of the Legislative Council, as the case may be, has the authority to decide on questions relating to defection, and his or her decision is final and cannot be challenged in any court.Incorrect
(b) 2 Only
Statement 1 is incorrect- A nominated member of a House becomes disqualified for being a member of the House if he joins any political party after the expiry of six months from the date he takes his seat in the House.
The Speaker of the House or the Chairman of the Legislative Council, as the case may be, has the authority to decide on questions relating to defection, and his or her decision is final and cannot be challenged in any court. -
Question 3 of 4
3. Question
Consider the following places in news
Places in News Location
1. Kharkiv Ukraine
2. Fukushima Japan
3. Gaza Strip Jordan
Select how many of the pairs given above are correctly matched?
(a) Only one
(b) Only two
(c) All three
(d) None of the aboveCorrect
(b) Only two
Kharkiv, city, northeastern Ukraine. It lies at the confluence of the Uda, Lopan, and Kharkiv rivers. It was founded about 1655 as a military stronghold to protect Russia’s southern borderlands. The battle of Kharkiv was a military engagement that took place from February to May 2022 in and around the city of Kharkiv in Ukraine, as part of the eastern Ukraine offensive during the 2022 Russian invasion of Ukraine.
The Fukushima nuclear accident was a major nuclear accident at the Fukushima Daiichi nuclear power plant in Ōkuma, Fukushima, Japan which began on March 11, 2011, Was in news recently as japan has started releasing waste water from the nuclear plant.
The Gaza Strip , or simply Gaza, is a polity and the smaller of the two Palestinian territories (the other being the West Bank). On the eastern coast of the Mediterranean Sea, Gaza is bordered by Egypt on the southwest and Israel on the east and north.Incorrect
(b) Only two
Kharkiv, city, northeastern Ukraine. It lies at the confluence of the Uda, Lopan, and Kharkiv rivers. It was founded about 1655 as a military stronghold to protect Russia’s southern borderlands. The battle of Kharkiv was a military engagement that took place from February to May 2022 in and around the city of Kharkiv in Ukraine, as part of the eastern Ukraine offensive during the 2022 Russian invasion of Ukraine.
The Fukushima nuclear accident was a major nuclear accident at the Fukushima Daiichi nuclear power plant in Ōkuma, Fukushima, Japan which began on March 11, 2011, Was in news recently as japan has started releasing waste water from the nuclear plant.
The Gaza Strip , or simply Gaza, is a polity and the smaller of the two Palestinian territories (the other being the West Bank). On the eastern coast of the Mediterranean Sea, Gaza is bordered by Egypt on the southwest and Israel on the east and north. -
Question 4 of 4
4. Question
Consider the following Matches
1.Gruha Lakshmi Scheme : Karnataka
2.Self Employed Women’s Association (SEWA) : Gujarat
3.Kudumbashree : Kerala
Select the correct answer pair from the options given below?
(a) 3 Only
(b) 1 and 2 Only
(c) 1 and 3 Only
(d) All of the aboveCorrect
(d) All of the above
The Gruha Lakshmi Scheme is a social welfare scheme launched by the Karnataka Government in 2023 to provide monthly financial assistance of Rs. 2,000 to the head women of a house.
SELF EMPLOYED WOMEN’S ASSOCIATION: SEWA, based in Gujarat, is an organisation that supports women working in the informal sector.
KUDUMBASHREE: It is a women’s self-help group (SHG) movement in Kerala. It was launched by the state government under its local self-government department and relies on financial support from the union government and NABARD, and today covers more than 45 lakh women.Incorrect
(d) All of the above
The Gruha Lakshmi Scheme is a social welfare scheme launched by the Karnataka Government in 2023 to provide monthly financial assistance of Rs. 2,000 to the head women of a house.
SELF EMPLOYED WOMEN’S ASSOCIATION: SEWA, based in Gujarat, is an organisation that supports women working in the informal sector.
KUDUMBASHREE: It is a women’s self-help group (SHG) movement in Kerala. It was launched by the state government under its local self-government department and relies on financial support from the union government and NABARD, and today covers more than 45 lakh women.
