Daily Current Affairs // December 2023

1. Which company did IDFC FIRST Bank collaborate with to design the "FIRST SWYP" credit card, catering to the dynamic preferences of the youth?

a) Visa

b) Mastercard

c) American Express

d) Discover

Answer: b) Mastercard

Explanation: IDFC FIRST Bank collaborated with Mastercard to design the "FIRST SWYP" credit card, a youth-centric offering tailored to the dynamic preferences of Millennials and Gen Zs.

2. Which country will assume the Lead Chair position and host the GPAI Annual Summit, showcasing its dedication to the advancement of Artificial Intelligence?

a) China

b) India

c) United States

d) France

Answer: b) India

Explanation: India will host the GPAI(Global Partnership on Artificial Intelligence) Annual Summit and assume the Lead Chair position, demonstrating its commitment to the advancement of Artificial Intelligence. The event is anticipated to be inaugurated by Prime Minister Narendra Modi.

3. Who is set to become the new Chief Minister of Mizoram?

a) Zoramthanga

b) Pu Zoramthanga

c) Lal Thanhawla

d) Lalduhoma

Answer: d) Lalduhoma

Explanation: Lalduhoma, the Zoram People’s Movement (ZPM) leader, is poised to be sworn in as the new Chief Minister of Mizoram in a significant political development.

4. Who has been appointed as the new Chairman of Max Life Insurance?

a) Analjit Singh

b) Rajiv Anand

c) Rahul Khosla

d) Prashant Tripathy

Answer: b) Rajiv Anand

Explanation: Rajiv Anand has been appointed as the new Chairman of Max Life Insurance, marking a pivotal moment in the company's leadership after the outgoing Chairman, Analjit Singh, stepped down from the position and the Board of Directors.

5. Who recently took oath as the first Congress Chief Minister of Telangana?

a) K. Chandrashekar Rao

b) K. T. Rama Rao

c) A. Revanth Reddy

d) Mallu Bhatti Vikramarka

Answer: c) Revanth Reddy

Explanation: Telangana got its first Congress Chief Minister on Thursday as A Revanth Reddy took oath at the L B Stadium in Hyderabad. MLA Mallu Bhatti Vikramarka was sworn in as the Deputy Chief Minister, creating history as the first Dalit person to occupy the post.

6. Who has become the first woman medical officer to be deployed at Siachen, the world's highest battlefield, marking a historic stride towards gender inclusivity in India's armed forces?

a) Captain Sneha Sharma

b) Captain Geetika Koul

c) Major Anjali Singh

d) Lieutenant Pooja Thakur

Answer: b) Captain Geetika Koul

Explanation: Captain Geetika Koul, a woman army doctor, has made history by becoming the first woman medical officer deployed at Siachen, showcasing a significant step towards gender inclusivity in India's armed forces.

7. On which date is International Anti-Corruption Day celebrated worldwide in 2023?

a) December 5

b) December 9

c) December 12

d) December 15

Answer: b) December 9

Explanation: International Anti-Corruption Day is celebrated on December 9 each year, and in 2023, this special day falls on a Saturday. The objective is to highlight the adverse effects of corruption on society and promote collective efforts to address this global issue.

8. What is the name of the initiative launched by UNICEF's Generation Unlimited in collaboration with India's Ministry of Environment, Forest, and Climate Change to engage youth in grassroots environmental actions?

a) Green Revolution

b) Green Rising

c) Eco Warriors

d) Youth for Climate

Answer: b) Green Rising

Explanation: The initiative launched at COP28, known as "Green Rising," is a collaboration between UNICEF's Generation Unlimited and India's Ministry of Environment, Forest, and Climate Change. It aims to empower youth in meaningful grassroots environmental actions through the YuWaah campaign.

9. What is the new UPI payment limit set by the Reserve Bank of India for the healthcare and education sectors?

a) Rs 50,000 to Rs 2 lakh

b) Rs 1 lakh to Rs 5 lakh

c) Rs 2 lakh to Rs 10 lakh

d) Rs 5,000 to Rs 50,000

Answer: b) Rs 1 lakh to Rs 5 lakh

Explanation: The Reserve Bank of India increased the UPI payment limits specifically for healthcare and education sectors from Rs 1 lakh to Rs 5 lakh, as announced during the Monetary Policy Committee (MPC) announcement by RBI Governor Shaktikanta Das.

10. What is the primary focus of the "Mera Gaon, Meri Dharohar" project announced by Union Minister G. Kishan Reddy?

a) Rural Infrastructure Development

b) Village Cultural Diversity

c) Agricultural Modernization

d) Women Empowerment

Answer: b) Village Cultural Diversity

Explanation: The initiative unveiled by Union Minister G. Kishan Reddy is titled "Mera Gaon, Meri Dharohar," aiming to spotlight the cultural richness embedded in villages across the nation.

11. Which Indian financial institution has been honoured with the title "Bank of the Year (India) 2023" by The Banker, a renowned publication under the Financial Times umbrella?

a) HDFC Bank

b) ICICI Bank

c) Federal Bank

d) State Bank of India

Answer: c) Federal Bank

Explanation: Federal Bank has been recognized as "Bank of the Year (India) 2023" by The Banker, highlighting its exceptional commitment to innovation, customer-centric services, and significant contributions to the banking industry.