Daily Current Affairs MCQs : 16 December 2023 - CUET Commerce MCQ

The State Bank of India (SBI) made a strategic move by investing ₹49.99 crore in Canpac Trends Private Limited, aiming for capital appreciation in the paper packaging industry.

The India-Korea Electronic Origin Data Exchange System (EODES) operates by the Comprehensive Economic Partnership Agreement between India and Korea, facilitating the swift clearance of goods. Mr. Sanjay Kumar Agarwal, Chairman of the Central Board of Indirect Taxes & Customs (CBIC), inaugurated the India-Korea Electronic Origin Data Exchange System (EODES) to ensure swift clearance of goods under the Comprehensive Economic Partnership Agreement.

Bharat Electronics Limited (BEL) from Pune has entered into a significant contract with the Ministry of Defence for the 10-year procurement of Electronic Fuzes, promoting self-reliance in ammunition.

The collaboration between IDFC FIRST Bank, LIC Cards, and Mastercard has resulted in the introduction of two co-branded credit cards—LIC Classic and LIC Select—tailored to meet the financial requirements of policyholders across India.

The Barracuda, India's fastest solar-electric boat, was launched in Alappuzha, marking a significant advancement in eco-friendly maritime transportation.

Vijay Diwas is observed annually on December 16, commemorating the valour and sacrifice of the Indian armed forces during the 1971 war against Pakistan, which led to the creation of Bangladesh.

Poonawalla Housing Finance has transformed into Grihum Housing Finance following its acquisition by TPG Capital Asia, which now holds a substantial 99.02% equity stake in the company.

Dr. Srinivas Naik Dharavath, Chairman of Real Vision Homes Pvt Ltd, was honoured with the Visionary Leader Icon Award of the Year 2023 by AASRAA at the 5th National Summit in New Delhi.

The successful flight trials of the Autonomous Flying Wing Technology Demonstrator, conducted by DRDO at the Aeronautical Test Range in Chitradurga, Karnataka, mark a significant milestone for India's stealth combat drone project, codenamed Ghatak.

The United Kingdom(UK) government, under Prime Minister Rishi Sunak, is considering additional steps to protect teenagers below 16 from online threats, indicating a focus on online safety for the youth.