10December MCQ : Current Affairs Quiz 10December 2023
In this article, we will discuss all the important Current Affairs MCQs of 10 December with full explanations. Where we will discuss the daily current affairs quiz’s questions and answers. So read all the important 10 December MCQs carefully.
Current Affairs Quiz / 10 December MCQ Current Affairs
10 December Current Affairs MCQ – Questions
1. What is the primary focus of the collaboration between the Ministry of Defence and TCIL?
(a) Naval operations
(b) Cybersecurity
(c) Airforce modernization
(d) Digital Coast Guard (DCG) project
2. What is the theme for the 2023 celebrations of the UDHR?
(a) Unity in Diversity
(b) Liberty and Fraternity
(c) Freedom, Equality, and Justice for All
(d) Global Harmony
3. What prestigious title has Federal Bank recently been awarded?
(a) Bank of the Year (India)
(b) Financial Institution of the Year
(c) Bank of the Decade
(d) Global Banking Excellence Award
4. What is the theme for International Anti-Corruption Day 2023?
(a) Global Unity Against Corruption
(b) Uniting Against Unethical Practices
(c) Collective Responsibility in the Fight Against Corruption
(d) UNCAC at 20: Uniting the World Against Corruption
5. According to the NCRB data, which city has the highest rate of recognizable crimes (IPC) among the top 10 safest cities in India?
(a) Bengaluru
(b) Kozhikode
(c) Mumbai
(d) Hyderabad
6. According to the recent decision, what is the interest equalization rate for MSME exporters?
(a) 1%
(b) 2%
(c) 3%
(d) 4%
7. Why did India permit duty-free imports of yellow peas until March 2024?
(a) To increase export revenue
(b) To stabilize pulse prices and boost domestic supply
(c) To restrict imports from Canada and Russia
(d) To discourage pulse consumption
8. What is the projected percentage increase in capital expenditure for India’s 18 largest states in FY24, as per the Crisil report?
(a) 10-12%
(b) 15-17%
(c) 18-20%
(d) 22-25%
9. What is the average monthly GST collection in FY 2023-24?
(a) Rs 1.23 trillion
(b) Rs 1.50 trillion
(c) Rs 1.66 trillion
(d) Rs 1.87 trillion
10. Which countries are major importers of non-basmati rice from India?
(a) Japan, South Korea, Australia
(b) Brazil, Argentina, Chile
(c) Benin, UAE, Nepal
(d) Germany, France, Italy
11. Who has IDFC FIRST Bank collaborated with for the “FIRST SWYP” credit card?
(a) Visa
(b) American Express
(c) Mastercard
(d) Discover
12. What is the current level of India’s foreign exchange reserves as of December 1, 2023?
(a) $597.935 billion
(b) $600 billion
(c) $604 billion
(d) $642 billion
13. Why did India’s foreign exchange reserves face depletion in recent months?
(a) Economic recession
(b) Surge in imports
(c) Decline in exports
(d) Central bank intervention to defend the rupee
14. What is the primary purpose of the Interest Equalisation Scheme recently approved by the Union Cabinet?
(a) Facilitating export credit for identified sectors and MSMEs
(b) Boosting healthcare infrastructure
(c) Supporting educational institutions
(d) Enhancing rural development
15. Which Indian state reported the highest urban youth unemployment rate in July-September 2023?
(a) Rajasthan
(b) Gujarat
(c) Jammu & Kashmir
(d) Himachal Pradesh
10 December MCQs – Answers
1. (d)
The collaboration aims to enhance the digital capabilities of the Indian Coast Guard through the implementation of the DCG project.
2. (c)
The chosen theme for the 2023 celebrations is “Freedom, Equality, and Justice for All.” Over the decades since the UDHR’s adoption, human rights have gained increasing recognition and protection worldwide.
3. (a)
In a momentous achievement, Federal Bank, a prominent financial institution, has been awarded the prestigious title of “Bank of the Year (India)” by The Banker, a renowned publication under the Financial Times umbrella.
4. (d)
The theme for International Anti-Corruption Day 2023 is ‘UNCAC at 20: Uniting the World Against Corruption.’
5. (d)
Among the top 10 safest cities, Hyderabad has the highest rate of recognizable crimes (IPC).
6. (c)
MSME exporters receive a 3% interest equalization rate.
7. (b)
The policy aims to stabilize pulse prices and enhance the domestic supply of pulses.
8. (c)
The Crisil report forecasts a substantial 18-20% increase in capital expenditure for these states in the fiscal year 2023-24.
9. (c)
Rs 1.66 trillion. This represents the average monthly GST collection in the fiscal year 2023-24, with a record high of Rs 1.87 trillion in April 2023.
10. (c)
Benin, UAE, and Nepal are among the major importers of non-basmati rice from India.
11. (c)
IDFC FIRST Bank has partnered with Mastercard to develop the youth-centric “FIRST SWYP” credit card.
12. (c)
India’s foreign exchange reserves surged beyond $600 billion after four months, reaching $604 billion as of December 1.
13. (d)
Central bank intervention to defend the rupee. The reserves were strategically utilized for this purpose amidst global pressures.
14. (a)
The Union Cabinet, led by Prime Minister Narendra Modi, has approved an additional allocation of Rs 2,500 crore for the extension of the Interest Equalisation Scheme until June 30, 2024. This move is aimed at supporting exporters in identified sectors and all MSME manufacturer exporters to access competitive pre and post-shipment Rupee export credit.
15. (d)
Himachal Pradesh, with an urban youth unemployment rate of 33.9%.
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