Current Affairs Questions and Answers 24 November 2023

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24 November 2023 Current Affairs Questions And Answers: Here, we are providing the Current Affairs Questions and Answers for 24 November 2023. These types of topics are important for candidates who prepare for Bank Exam 2023. In this article, we are covering the following topics Headlines:

7th Bengal Global Business Summit (BGBS)
EPFO data
Odisha’s mining sector
Nordic Baltic Eight (NB8)
Investor Risk Reduction Access (IRRA) platform

24th November Current Affairs 2023 Quiz

The Current Affairs 2023 section constitutes a major part of the General Awareness section in a competitive examination and plays an instrumental role. To supplement your preparation for the General Awareness Section of the upcoming exams like IBPS PO/Clerk Mains, SBI PO Mains and SEBI Grade A Prelims, we are providing you 24th November Current Affairs 2023 Quiz covering the following topics Headlines: 7th Bengal Global Business Summit (BGBS), EPFO data, Odisha’s mining sector, Nordic Baltic Eight (NB8), Investor Risk Reduction Access (IRRA) platform.

Q1. What was the total investment pledged during the 7th Bengal Global Business Summit (BGBS) in 2023?
(a) Rs 2.5 trillion
(b) Rs 3.76 trillion
(c) Rs 4.2 trillion
(d) Rs 3.2 trillion
(e) Rs 3.42 trillion

Q2. What trend does the EPFO data reveal about new subscribers in the first half of FY24?
(a) 10.1% increase in new subscribers
(b) 10.1% decrease in new subscribers
(c) 4.34 million rise in young subscribers
(d) 11.1% increase in women subscribers
(e) No change in the number of EPFO subscribers

Q3. What is the targeted per-capita income range in ‘Vision India@2047’?
(a) $5,000-$8,000
(b) $10,000-$12,000
(c) $15,000-$17,000
(d) $18,000-$20,000
(e) $22,000-$25,000

Q4. What is the primary objective of ‘Vision India@2047’?
(a) To make India a $10 trillion economy by 2047.
(b) To prevent India from falling into the middle-income trap and become a developed nation by 2047.
(c) To establish India as the world’s largest agricultural exporter.
(d) To increase India’s share of the global GDP to 10% by 2047.
(e) To achieve a per-capita income of $25,000 by 2047.

Q5. Which strait separates the European and Asian parts of Turkey?
(a) Bosporus Strait
(b) Dardanelles Strait
(c) Gibraltar Strait
(d) English Channel
(e) Malacca Strait

Q6. What was the revenue growth of Odisha’s mining sector from 2016-17 to 2021-22?
(a) 2-fold
(b) 5-fold
(c) 7-fold
(d) 10-fold
(e) 12-fold

Q7. Which regulatory body ensures the protection of deposits in RRBs?
(a) RBI
(b) SEBI
(c) DICGC
(d) IRDAI
(e) Ministry of Finance

Q8. How much additional capital is estimated to be set aside for consumer loans, as per the recent RBI directive?
(a) ₹45,000 crore
(b) ₹84,000 crore
(c) ₹50,000 crore
(d) ₹60,000 crore
(e) ₹75,000 crore

Q9. Which countries are part of the Nordic Baltic Eight (NB8)?
(a) France, Germany, Italy, Spain, and Portugal
(b) Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden
(c) China, Japan, South Korea, Vietnam, and Thailand
(d) Russia, Belarus, Ukraine, Moldova, and Romania
(e) United States, Canada, Mexico, Brazil, and Argentina

Q10. Who facilitated the negotiations between Israel and Hamas?
(a) United Nations
(b) Qatar
(c) United States
(d) Egypt
(e) European Union

Q11. Who officially launched the Investor Risk Reduction Access (IRRA) platform at the Bombay Stock Exchange (BSE)?
(a) Ratan Tata
(b) Madhabi Puri Buch
(c) Narendra Modi
(d) Mukesh Ambani
(e) Arun Jaitley

Q12. The FATF’s Grey List consists of jurisdictions that do not meet the organization’s which of the following standards?
(a) Anti-money laundering (AML)
(b) Counter-terrorism financing (CFT)
(c) Proliferation financing
(d) All of the above
(e) None of the above

Q13. For which type of trading members is the IRRA platform specifically tailored?
(a) Algo trading members
(b) Institutional clients
(c) Members not supporting Internet-based trading (IBT)
(d) Trading members supporting IBT and STWT
(e) Disaster recovery site members

Q14. What recent achievement has Kerala’s Responsible Tourism (RT) Mission secured?
(a) Inclusion in the UNESCO World Heritage Sites
(b) Recognition as the best tourist destination in India
(c) Spot on the UNWTO’s list of Case Studies
(d) Hosting an international tourism summit
(e) Leading in eco-friendly hotel practices

Q15. When was Kerala’s Responsible Tourism (RT) Mission officially launched?
(a) October 20, 2016
(b) October 20, 2017
(c) November 20, 2018
(d) September 20, 2019
(e) October 20, 2020

Solutions

S1. Ans.(b)
Sol. Rs 3.76 trillion, as Chief Minister Mamata Banerjee announced during the concluding session of the summit.

S2. Ans.(b)
Sol. The data indicates a 10.1% decline, not an increase, in new EPFO subscribers during the specified period, reflecting a slowdown in formal job creation.

S3. Ans.(d)
Sol. ‘Vision India@2047’ aims to achieve a per-capita income in the range of $18,000-$20,000 by 2047.

S4. Ans.(b)
Sol. The primary objective of ‘Vision India@2047’ is to prevent India from falling into the middle-income trap and transform the country into a developed nation by 2047.

S5. Ans.(a)
Sol. The Bosporus Strait is a natural strait and an internationally significant waterway, separating European Turkey from Asian Turkey.

S6. Ans.(d)
Sol. Chief Secretary P K Jena highlighted the mining sector’s impressive growth, with revenue increasing from Rs 4,900 crore in 2016-17 to Rs 50,000 crore in 2021-22, representing a ten-fold increase.

S7. Ans.(c)
Sol. Deposits in RRBs are secured by the Deposit Insurance and Credit Guarantee Corporation (DICGC), ensuring protection of up to five lakh rupees for each depositor.

S8. Ans.(b)
Sol. ₹84,000 crore. The RBI directive instructs banks and NBFCs to set aside this amount of additional capital for consumer loans, impacting the cost dynamics of personal loans and credit cards.

S9. Ans.(b)
Sol. The NB8 comprises Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden,

S10. Ans.(b)
Sol. Qatar played a crucial role in brokering the negotiations between Israel and Hamas.

S11. Ans.(b)
Sol. Madhabi Puri Buch, the Chairperson of SEBI, officially launched the IRRA platform at the BSE.

S12. Ans.(d)
Sol. The FATF Grey List consists of jurisdictions that do not meet the organization’s AML, CFT, and proliferation financing standards.

S13. Ans.(d)
Sol. The IRRA platform is tailored for trading members supporting Internet-based trading (IBT) and Security Trading through Wireless Technology (STWT).

S14. Ans.(c)
Sol. Kerala’s RT Mission secured a spot on the UNWTO’s list of Case Studies, earning global recognition for its responsible tourism initiatives.

S15. Ans.(b)
Sol. Kerala’s RT Mission was officially launched on October 20, 2017, by the Chief Minister of Kerala, Pinarayi Vijayan.