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Daily Current Affairs MCQs : 21 October 2023 - CUET Commerce MCQ


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10 Questions MCQ Test General Test Preparation for CUET - Daily Current Affairs MCQs : 21 October 2023

Daily Current Affairs MCQs : 21 October 2023 for CUET Commerce 2024 is part of General Test Preparation for CUET preparation. The Daily Current Affairs MCQs : 21 October 2023 questions and answers have been prepared according to the CUET Commerce exam syllabus.The Daily Current Affairs MCQs : 21 October 2023 MCQs are made for CUET Commerce 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Daily Current Affairs MCQs : 21 October 2023 below.
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Daily Current Affairs MCQs : 21 October 2023 - Question 1

How much is the Productivity Linked Bonus (PLB) approved for railway employees for the financial year 2022-2023 by the Union Cabinet?

Detailed Solution for Daily Current Affairs MCQs : 21 October 2023 - Question 1
The Union Cabinet approved a Productivity Linked Bonus (PLB) for 11,07,346 railway employees. The PLB is equivalent to 78 days’ worth of wages and is allocated for the financial year 2022-2023, with a total payout of Rs. 1968.87 crore. This bonus recognizes the hard work and dedication of railway employees.
Daily Current Affairs MCQs : 21 October 2023 - Question 2

From which date does the additional installment of Dearness Allowance (DA) for Central Government employees and Dearness Relief (DR) for pensioners become effective, as approved by the Union Cabinet?

Detailed Solution for Daily Current Affairs MCQs : 21 October 2023 - Question 2
The Union Cabinet approved the release of an additional installment of Dearness Allowance (DA) for Central Government employees and Dearness Relief (DR) for pensioners, which becomes effective from July 1, 2023. This decision aims to provide financial relief to government employees and pensioners.
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Daily Current Affairs MCQs : 21 October 2023 - Question 3

What project was approved by the Union Cabinet on October 18, 2023, to establish a 13 GW renewable energy project in Ladakh by the fiscal year 2029-30?

Detailed Solution for Daily Current Affairs MCQs : 21 October 2023 - Question 3
The Union Cabinet approved the Green Energy Corridor (GEC) Phase-II project on October 18, 2023. This project aims to establish a 13 GW renewable energy project in Ladakh by the fiscal year 2029-30. This project is significant in promoting green energy in India and enhancing the country's energy infrastructure.
Daily Current Affairs MCQs : 21 October 2023 - Question 4
Which agricultural crop received the highest increase in Minimum Support Price (MSP) for the Rabi crops for the marketing season 2024-25?
Detailed Solution for Daily Current Affairs MCQs : 21 October 2023 - Question 4
Among the Rabi crops for the marketing season 2024-25, lentils (Masur) received the highest increase in Minimum Support Price (MSP), with a substantial raise of 7.1%, setting the rate at Rs. 425 per quintal. This increase in MSP is aimed at benefiting farmers and encouraging the cultivation of lentils.
Daily Current Affairs MCQs : 21 October 2023 - Question 5
With whom did IBM sign a Memorandum of Understanding (MoU) to establish a national AI Innovation Platform and promote collaboration within India's AI ecosystem?
Detailed Solution for Daily Current Affairs MCQs : 21 October 2023 - Question 5
IBM signed a Memorandum of Understanding (MoU) with the Ministry of Electronics and Information Technology (MeitY) to establish a national AI Innovation Platform (AIIP) with a focus on enhancing India's capabilities in AI technology. This collaboration is pivotal in promoting AI skilling and ecosystem development.
Daily Current Affairs MCQs : 21 October 2023 - Question 6
What is the primary focus of IBM's partnership with the Centre for Development of Advanced Computing (C-DAC)?
Detailed Solution for Daily Current Affairs MCQs : 21 October 2023 - Question 6
IBM's partnership with the Centre for Development of Advanced Computing (C-DAC) is primarily focused on advancing India's National Quantum Mission. The collaboration aims to build computing technology expertise, develop applications in national interest areas, nurture a skilled quantum workforce, and support industrial, startup, and R&D development in the field of quantum computing.
Daily Current Affairs MCQs : 21 October 2023 - Question 7
What is the theme for the Amazon Great Indian Festival 2023?
Detailed Solution for Daily Current Affairs MCQs : 21 October 2023 - Question 7
The theme for the Amazon Great Indian Festival 2023 is "Unboxing Happiness." This theme sets the tone for a festive shopping extravaganza where customers can explore a wide range of products and avail substantial discounts across various categories.
Daily Current Affairs MCQs : 21 October 2023 - Question 8
What is the most popular payment method among shoppers during the Amazon Great Indian Festival 2023, as mentioned in the text?
Detailed Solution for Daily Current Affairs MCQs : 21 October 2023 - Question 8
During the Amazon Great Indian Festival 2023, EMI (Equated Monthly Installments) is the most popular payment method among shoppers. One in four orders is being placed on installments (EMI), and a substantial portion of these orders falls under the no-cost EMI category, where customers can pay for their purchases through equal installments over the EMI tenure without incurring additional charges like interest or processing fees.
Daily Current Affairs MCQs : 21 October 2023 - Question 9
What is the objective of the wholesale Digital Rupee pilot program initiated by the Reserve Bank of India (RBI)?
Detailed Solution for Daily Current Affairs MCQs : 21 October 2023 - Question 9
The objective of the wholesale Digital Rupee pilot program initiated by the Reserve Bank of India (RBI) is to digitize the wholesale segment of the Indian economy. This program includes initiatives such as asset tokenization and repo transactions, marking a significant step toward digitizing India's financial landscape.
Daily Current Affairs MCQs : 21 October 2023 - Question 10
What is the purpose of the Special Tiger Protection Force (STPF) approved by the Arunachal Pradesh Cabinet?
Detailed Solution for Daily Current Affairs MCQs : 21 October 2023 - Question 10
The Special Tiger Protection Force (STPF) approved by the Arunachal Pradesh Cabinet is primarily aimed at protecting wildlife and combating illegal activities in three Tiger Reserves of the state, namely Namdapha, Pakke, and Kamlang Tiger Reserves. This force will play a crucial role in safeguarding these vital natural habitats and the species they harbor.
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