Current Affairs Questions and Answers 29 November 2023

Table of Contents

29 November 2023 Current Affairs Questions And Answers: Here, we are providing the Current Affairs Questions and Answers for 29 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:

Payments Infrastructure Development Fund (PIDF) scheme
Additional Independent Director of HDFC Bank
SEBI to reduce the minimum issue size for NPOs
India’s engineering exports
S&P Global Ratings’ revised GDP growth

29th 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 29th November Current Affairs 2023 Quiz covering the following topics Headlines: Payments Infrastructure Development Fund (PIDF) scheme, Additional Independent Director of HDFC Bank, SEBI to reduce the minimum issue size for NPOs, India’s engineering exports, S&P Global Ratings’ revised GDP growth.

Q1. What is the average GDP growth rate expected by CRISIL for India between FY24 and FY31?
(a) 6.7%
(b) 7.5%
(c) 8.3%
(d) 9.1%
(e) 10%

Q2. What is the primary purpose of the Payments Infrastructure Development Fund (PIDF) scheme extension by the RBI?
(a) To encourage agricultural development
(b) To promote digital transactions at the grassroots level
(c) To support manufacturing industries
(d) To fund educational initiatives
(e) To boost healthcare infrastructure

Q3. Who has been appointed as the Additional Independent Director of HDFC Bank for a three-year term starting January 25, 2024?
(a) V Srinivasa Rangan
(b) Harsh Kumar Bhanwala
(c) Chairman of NABARD
(d) Executive Chairman of Capital India Finance
(e) Managing Director of Delhi State Cooperative Bank

Q4. What is the primary impact of SEBI’s decision to reduce the minimum issue size for NPOs on the social stock exchange?
(a) Encouraging transparency in NPO operations
(b) Facilitating increased fundraising for NPOs
(c) Introducing stricter regulations for NPOs
(d) Reducing the overall size of the social stock exchange
(e) Limiting the fundraising options for NPOs

Q5. How does SEBI plan to regulate online platforms offering fractional ownership of real estate assets?
(a) Introducing a new licensing system for such platforms
(b) Implementing stricter taxation policies
(c) Bringing them under the framework for small and medium REITs
(d) Banning the operation of such platforms
(e) Offering financial incentives for these platforms

Q6. What is the name of India’s human spaceflight project that aims to launch three crew members into orbit for three days in 2025?
(a) Gaganyaan
(b) Chandrayaan
(c) Aditya-L1
(d) Bharatiya Antariksha Station
(e) None of the above

Q7. What was the year-on-year growth of India’s engineering exports in October?
(a) 3.5%
(b) 5.8%
(c) 7.2%
(d) 9.1%
(e) 10.5%

Q8. What is S&P Global Ratings’ revised GDP growth projection for India in FY24?
(a) 5.5%
(b) 6.0%
(c) 6.4%
(d) 6.9%
(e) 7.2%

Q9. What is S&P Global Ratings’ outlook on China’s growth in 2024?
(a) Decline in growth
(b) Below potential growth
(c) Growth exceeding potential
(d) Moderate growth in line with potential
(e) Rapid growth

Q10. In which city was the Davis Cup final held in 2023?
(a) Rome
(b) Paris
(c) Malaga
(d) Madrid
(e) Sydney

Q11. What percentage stake did IDFC hold in IDFC First Bank as of June 30, 2023?
(a) 30.93%
(b) 50%
(c) 60%
(d) 70%
(e) 80%

Q12. Which country holds the record for the most Davis Cup titles in history?
(a) Italy
(b) Australia
(c) United States
(d) Great Britain
(e) France

Q13. What is the name of the live-attenuated MR vaccine launched in Udhagamandalam (Ooty), Tamil Nadu, as part of the 25th-anniversary celebrations of the Human Biologicals Institute?
(a) Mamba
(b) Mabella
(c) MalariaGuard
(d) MeasRub Shield
(e) ViralSafe MR

Q14. What is the name of IndiGo’s AI-powered chat assistant?
(a) 6Eserv
(b) AirBot
(c) SkyTalk
(d) Maharaja
(e) 6Eskai

Q15. What was the name of Air India’s AI-powered chat assistant introduced on November 10?
(a) SkyMate
(b) CloudTalk
(c) Maharaja
(d) AIJet
(e) AeroBot

Solutions

S1. Ans.(a)
Sol. CRISIL anticipates India’s GDP to grow at an average rate of 6.7% through FY31, making it the fastest-expanding large economy globally.

S2. Ans.(b)
Sol. The extension of the PIDF scheme aims to promote digital transactions at the grassroots level.

S3. Ans.(b)
Sol. Harsh Kumar Bhanwala. He brings extensive financial experience, having served as the Executive Chairman of Capital India Finance and Chairman of NABARD.

S4. Ans.(b)
Sol. By reducing the minimum issue size, SEBI aims to make fundraising more accessible for NPOs on the social stock exchange, facilitating their financial activities.

S5. Ans.(c)
Sol. SEBI plans to regulate online platforms offering fractional ownership by bringing them under the regulatory framework designed for small and medium Real Estate Investment Trusts (REITs).

S6. Ans.(a)
Sol. India’s human spaceflight project is called the “Gaganyaan mission.” It is scheduled for launch in 2025.

S7. Ans.(c)
Sol. Despite a challenging first half of the year, India’s engineering exports recorded a positive year-on-year growth of 7.2% in October.

S8. Ans.(c)
Sol. S&P Global Ratings has upgraded India’s GDP growth projection for FY24 to 6.4% from the previous estimate of 6%.

S9. Ans.(d)
Sol. Moderate growth in line with potential. S&P Global Ratings expects China to grow in line with its potential in 2024, with moderate growth despite challenges in the property sector.

S10. Ans.(c)
Sol. The final was held in the Spanish city of Malaga.

S11. Ans.(a)
Sol. As of June 30, 2023, IDFC held a 30.93 percent stake in IDFC First Bank through its non-financial holding company.

S12. Ans.(c)
Sol. The United States is the most successful nation in Davis Cup history, having won the title a record 32 times.

S13. Ans.(b)
Sol. Mabella is the live-attenuated MR vaccine launched in Udhagamandalam.

S14. Ans.(e)
Sol. IndiGo’s AI-powered chat assistant is named 6Eskai.

S15. Ans.(c)
Sol. Air India’s AI-powered chat assistant is named Maharaja.