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Daily Current Affairs MCQs : 1 December 2023 with solutions - Bank Exams


MCQ Practice Test & Solutions: Daily Current Affairs MCQs : 1 December 2023 (10 Questions)

You can prepare effectively for Bank Exams Daily GK & Current Affairs Tests with this dedicated MCQ Practice Test (available with solutions) on the important topic of "Daily Current Affairs MCQs : 1 December 2023". These 10 questions have been designed by the experts with the latest curriculum of Bank Exams 2026, to help you master the concept.

Test Highlights:

  • - Format: Multiple Choice Questions (MCQ)
  • - Duration: 10 minutes
  • - Number of Questions: 10

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Daily Current Affairs MCQs : 1 December 2023 - Question 1
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According to the 20th Quarterly Bulletins of PLFS, what notable change occurred in the urban unemployment rate in the second quarter of the financial year 2023-24?

Detailed Solution: Question 1

The 20th Quarterly Bulletins of the Periodic Labour Force Survey (PLFS) revealed a significant decrease in the urban unemployment rate to 6.6% in the second quarter (Q2-July to September) of the financial year 2023-24. This positive trend indicates improved employment opportunities in urban areas.

Daily Current Affairs MCQs : 1 December 2023 - Question 2
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What major approval was granted by the Union Cabinet on November 29, 2023, regarding the finance sector?

Detailed Solution: Question 2

The Union Cabinet approved the Terms of Reference (ToR) for the Sixteenth Finance Commission on November 29, 2023. This commission's recommendations, covering a 5-year period from April 1, 2026, to March 31, 2031, are expected to be submitted by October 31, 2025. The Finance Commission plays a crucial role in suggesting financial allocations and recommendations for effective fiscal management.

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Daily Current Affairs MCQs : 1 December 2023 - Question 3
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What is the financial implication of the continuation of Fast Track Special Courts (FTSCs) approved on November 29, 2023?

Detailed Solution: Question 3

The financial implication for the continuation of Fast Track Special Courts (FTSCs) for an additional three years, from April 1, 2023, to March 31, 2026, is estimated to be Rs 1,952.23 crore. These courts play a crucial role in expediting the legal process, ensuring timely justice delivery.

Daily Current Affairs MCQs : 1 December 2023 - Question 4
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What is the key emphasis of UNAIDS's World AIDS Day Report 2023 titled "Let Communities Lead"?

Detailed Solution: Question 4

The World AIDS Day Report 2023 by UNAIDS, titled "Let Communities Lead," emphasizes the pivotal role of communities in ending AIDS as a public health threat by 2030. The report underscores the importance of providing full support to frontline communities for effective HIV prevention and treatment initiatives.

Daily Current Affairs MCQs : 1 December 2023 - Question 5
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What significant change did the amendment to the Mines and Minerals (Development and Regulation) Act, 1957, bring on August 17, 2023?

Detailed Solution: Question 5

The amendment to the Mines and Minerals (Development and Regulation) Act, 1957, on August 17, 2023, resulted in the omission of 6 minerals from the list of critical minerals. These minerals include Lithium, Titanium, Beryl, Niobium, Tantalum, and Zirconium-bearing minerals.

Daily Current Affairs MCQs : 1 December 2023 - Question 6
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Which mineral, among the mentioned options, is NOT part of the 20 critical mineral blocks auctioned on November 29, 2023?

Detailed Solution: Question 6

While Lithium, Nickel, and Titanium are part of the 20 critical mineral blocks auctioned on November 29, 2023, Platinum is not among them. These minerals are crucial for various industries, including energy, electronics, and manufacturing.

Daily Current Affairs MCQs : 1 December 2023 - Question 7
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What does the acronym PM JANMAN stand for in the context of the Cabinet approvals on November 29, 2023?

Detailed Solution: Question 7

PM JANMAN stands for Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan, as approved by the Union Cabinet on November 29, 2023. This scheme focuses on critical interventions across 9 line Ministries, aiming to uplift tribal communities.

Daily Current Affairs MCQs : 1 December 2023 - Question 8
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What is the primary objective of the auction of 20 critical mineral blocks initiated by Union Minister Pralhad Joshi on November 29, 2023?

Detailed Solution: Question 8

The auction of 20 critical mineral blocks, estimated at Rs 45,000 crore, was initiated to strengthen India's critical mineral supply chain. This strategic move aims to support energy transition and achieve the net-zero target by 2070.

Daily Current Affairs MCQs : 1 December 2023 - Question 9
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Which scheme received a budget allocation of Rs 24,104 crore as per the approvals on November 29, 2023?

Detailed Solution: Question 9

A significant budget of Rs 24,104 crore was allocated for the Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM JANMAN) as approved by the Union Cabinet on November 29, 2023. This scheme aims to address critical interventions across 9 line Ministries, focusing on the welfare of tribal communities.

Daily Current Affairs MCQs : 1 December 2023 - Question 10
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What is the key focus of the Central Sector Scheme (CSS) approved for Drones on November 29, 2023?

Detailed Solution: Question 10

The Union Cabinet approved the Central Sector Scheme (CSS) for providing drones to 15,000 selected Women Self Help Groups (SHGs) from 2024-25 to 2025-26 for agricultural purposes. This initiative aims to enhance agricultural practices and support farmers through drone technology.

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About this Bank Exams Practice Test

This test contains 10 MCQs on Daily Current Affairs MCQs : 1 December 2023 with detailed solutions for each question. It is part of the Daily GK & Current Affairs Tests course on EduRev, designed to align with the current Bank Exams syllabus. Each solution explains not just the correct answer but also gives you an understanding of the topic — not just to attempt the question but also help you prepare for the exam with practice.

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