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Daily Current Affairs MCQs : 5 & 6 November 2023 - Bank Exams MCQ


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10 Questions MCQ Test Daily GK & Current Affairs Tests - Daily Current Affairs MCQs : 5 & 6 November 2023

Daily Current Affairs MCQs : 5 & 6 November 2023 for Bank Exams 2024 is part of Daily GK & Current Affairs Tests preparation. The Daily Current Affairs MCQs : 5 & 6 November 2023 questions and answers have been prepared according to the Bank Exams exam syllabus.The Daily Current Affairs MCQs : 5 & 6 November 2023 MCQs are made for Bank Exams 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Daily Current Affairs MCQs : 5 & 6 November 2023 below.
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Daily Current Affairs MCQs : 5 & 6 November 2023 - Question 1

What was the main purpose of the three Indian-assisted development projects jointly inaugurated by Prime Minister Narendra Modi and Bangladesh Prime Minister Sheikh Hasina on November 1, 2023?

Detailed Solution for Daily Current Affairs MCQs : 5 & 6 November 2023 - Question 1
The main purpose of the three Indian-assisted development projects inaugurated by the Prime Ministers of India and Bangladesh was to enhance connectivity and energy security between the two countries. These projects are crucial for strengthening their relations and promoting economic cooperation.
Daily Current Affairs MCQs : 5 & 6 November 2023 - Question 2

Which significant rail link was inaugurated as part of the development projects?

Detailed Solution for Daily Current Affairs MCQs : 5 & 6 November 2023 - Question 2
One of the notable projects included the inauguration of a critical rail link between Tripura's Nischintapur and Gan gasagar in Bangladesh. This rail link is expected to improve trade and transportation between the two nations, promoting economic cooperation.
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Daily Current Affairs MCQs : 5 & 6 November 2023 - Question 3

What do the National Efficient Cooking Programme (NECP) and Energy Efficient Fans Programme (EEFP) aim to achieve?

Detailed Solution for Daily Current Affairs MCQs : 5 & 6 November 2023 - Question 3
The National Efficient Cooking Programme (NECP) and Energy Efficient Fans Programme (EEFP) aim to enhance energy efficiency in cooking and cooling appliances. NECP focuses on induction cookstoves, while EEFP promotes energy-efficient ceiling fans, contributing to energy conservation.
Daily Current Affairs MCQs : 5 & 6 November 2023 - Question 4
What change did the Reserve Bank of India (RBI) make regarding Non-Callable Term Deposits (TDs) on October 26, 2023?
Detailed Solution for Daily Current Affairs MCQs : 5 & 6 November 2023 - Question 4
On October 26, 2023, the Reserve Bank of India (RBI) increased the minimum amount for offering Non-Callable Term Deposits (TDs) from Rs 15 lakhs to Rs 1 crore. Non-callable TDs do not allow premature withdrawals until the tenure is completed and are offered by banks with higher interest rates to discourage early withdrawals.
Daily Current Affairs MCQs : 5 & 6 November 2023 - Question 5
What is the primary objective of bancassurance in the financial services industry?
Detailed Solution for Daily Current Affairs MCQs : 5 & 6 November 2023 - Question 5
Bancassurance is a financial services model that aims to offer a wide range of financial products and services to customers through collaboration between banking institutions and insurance companies. This model involves the distribution of insurance products through bank branches.
Daily Current Affairs MCQs : 5 & 6 November 2023 - Question 6
What entities are now under the direct regulation of the Reserve Bank of India (RBI) as per the Regulation of Payment Aggregator – Cross Border (PA-CB)?
Detailed Solution for Daily Current Affairs MCQs : 5 & 6 November 2023 - Question 6
As per the Regulation of Payment Aggregator – Cross Border (PA-CB), entities including Authorised Dealer (AD) banks, Payment Aggregators (PAs), and PAs-CB that facilitate cross-border payment transactions for the import and export of goods and services are now under the direct regulation of the Reserve Bank of India (RBI).
Daily Current Affairs MCQs : 5 & 6 November 2023 - Question 7
What does the Super Cash Plan introduced by Ageas Federal Life Insurance (AFLI) offer to policyholders?
Detailed Solution for Daily Current Affairs MCQs : 5 & 6 November 2023 - Question 7
The Super Cash Plan introduced by Ageas Federal Life Insurance (AFLI) offers policyholders regular income and financial security. This plan provides a lump-sum maturity benefit at the end of the policy term, along with additional benefits for female policyholders.
Daily Current Affairs MCQs : 5 & 6 November 2023 - Question 8
Which Indian fund scheme recently celebrated its 21st anniversary and has a Compound Annual Growth Rate (CAGR) of 21% as of September 30, 2023?
Detailed Solution for Daily Current Affairs MCQs : 5 & 6 November 2023 - Question 8
The ICICI Prudential Multi-Asset Fund scheme recently celebrated its 21st anniversary and has a Compound Annual Growth Rate (CAGR) of 21% as of September 30, 2023. This scheme offers diversified investment options across various asset classes.
Daily Current Affairs MCQs : 5 & 6 November 2023 - Question 9
Who received the "Changemaker of the Year 2023" award at the 5th edition of The Hindu BusinessLine Changemaker Awards?
Detailed Solution for Daily Current Affairs MCQs : 5 & 6 November 2023 - Question 9
The "Changemaker of the Year 2023" award at the 5th edition of The Hindu BusinessLine Changemaker Awards was received by the Reserve Bank of India (RBI).
Daily Current Affairs MCQs : 5 & 6 November 2023 - Question 10
What is the primary objective of the International Day for Biosphere Reserves observed on November 3?
Detailed Solution for Daily Current Affairs MCQs : 5 & 6 November 2023 - Question 10
The primary objective of the International Day for Biosphere Reserves, observed on November 3, is to emphasize the importance of conserving and balancing human activities and environmental preservation in biosphere reserves. UNESCO proclaimed this day to highlight the critical role these reserves play in fostering sustainability and biodiversity.
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