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16th December 2023 Current Affairs Quiz

16th December 2023 Current Affairs Daily Quiz

16th December 2023 Current Affairs Quiz: Welcome to the 16th December 2023 Current Affairs Quiz, where we delve into the latest happenings across the globe. Stay informed and test your knowledge of key events that have shaped the world on this day. From politics and technology to social issues and international developments, this quiz offers a snapshot of the diverse and dynamic currents in today’s global landscape. Challenge yourself with thought-provoking questions and stay abreast of the most significant occurrences that have marked December 16, 2023. Engage in this informative quiz to not only test your awareness but also gain insights into the various facets that shape our world.

16th December 2023 Current Affairs Quiz | Today GK Quiz

1. What is the primary focus of the UK government, led by Prime Minister Rishi Sunak, regarding social media and children under 16?

A. Encouraging unlimited access to social media for children.
B. Implementing strict regulations and bans for children under 16 on social media.
C. Emphasizing empowering parents to navigate their children’s online experiences.
D. Excluding children from digital spaces.

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Answer: C) Emphasizing empowering parents to navigate their children’s online experiences.

Explanation: The government’s primary emphasis, according to official statements, is on empowering parents to navigate their children’s online experiences rather than imposing strict regulations or bans.

2. What pivotal role does The Molly Rose Foundation play in the context of online safety?

A. Advocating for unlimited online access for children.
B. Focusing on designing platforms that actively support young users’ well-being.
C. Enhancing the powers of the communications watchdog, Ofcom.
D. Lobbying for the exclusion of children from digital spaces.

Answer: C) Enhancing the powers of the communications watchdog, Ofcom.

Explanation: The Molly Rose Foundation advocates for enhancing the powers of the communications watchdog, Ofcom, in any regulatory review, contributing to discussions on online safety.

3. Which cooperative bank faced a penalty for failing to adhere to the prudential inter-bank gross exposure limit?

A) Janakalyan Sahakari Bank Ltd
B) Pune Merchants Co-operative Bank Ltd
C) Indapur Urban Co-operative Bank Ltd
D) The Patan Urban Co-operative Bank Ltd

Answer: C) Indapur Urban Co-operative Bank Ltd

Explanation: Indapur Urban Co-operative Bank Ltd faced a penalty for not adhering to the prudential inter-bank gross exposure limit.

4. What was the reason for imposing a monetary penalty on Janakalyan Sahakari Bank Limited?

A) Failure to conduct an annual review of inoperative/dormant accounts
B) Non-compliance with RBI directions on ‘Maintenance of Deposit Accounts’
C) Non-reporting of credit information to CRILC within the prescribed timeline
D) Contravention of Banking Regulation Act, 1949

Answer: C) Non-reporting of credit information to CRILC within the prescribed timeline

Explanation: Janakalyan Sahakari Bank Limited faced a penalty for failing to report credit information on eligible loan accounts to the Central Repository of Information on Large Credits (CRILC) within the prescribed timeline.

5. What is the purpose of the India-Korea Electronic Origin Data Exchange System (EODES)?

A) Cultural exchange between India and Korea
B) Streamlining the implementation of CEPA
C) Enhancing tourism ties
D) Promoting environmental cooperation

Answer: B) Streamlining the implementation of CEPA

Explanation: The primary objective of the India-Korea Electronic Origin Data Exchange System (EODES) is to streamline the implementation of the India-Korea Comprehensive Economic Partnership Agreement (CEPA) through the electronic exchange of origin information between the customs administrations of both nations, specifically for goods traded under CEPA.

6. What does the EODES system enable in the context of Certificate of Origin (CoO)?

A) Physical exchange of certificates between customs administrations
B) Delayed sharing of data fields
C) Electronic sharing of data fields upon certificate issuance
D) Limited functionality in the clearance process

Answer: C) Electronic sharing of data fields upon certificate issuance

Explanation: The EODES system facilitates the electronic sharing of data fields in a Certificate of Origin (CoO) by the exporting customs administration with the importing customs immediately upon the issuance of the certificate. This electronic exchange expedites the clearance process for imported goods.

7. What is the main focus of the collaboration between IDFC FIRST Bank, LIC Cards, and Mastercard?

A) Home Loans
B) Co-Branded Credit Cards
C) Mutual Funds
D) Mobile Banking

Answer: B) Co-Branded Credit Cards

Explanation: The collaboration aims to introduce exclusive co-branded credit cards—LIC Classic and LIC Select.

8. What additional benefit does the co-branded credit card offer in terms of personal accident insurance coverage?

A) Rs 1 lakh
B) Rs 3 lakh
C) Rs 5 lakh
D) Rs 10 lakh

Answer: C) Rs 5 lakh

Explanation: Cardholders will benefit from a substantial personal accident insurance cover of up to Rs 5 lakh, ensuring financial protection in unforeseen circumstances.

9. Who won the title of Miss India USA 2023 in the annual pageant held in New Jersey?

A) Sneha Nambiar
B) Saloni Rammohan
C) Rijul Maini
D) Greeshma Bhat

Answer: C) Rijul Maini

Explanation: Rijul Maini, a 24-year-old medical student from Michigan, emerged as the winner of the Miss India USA 2023 pageant held in New Jersey.

10. What is the significance of the Miss India USA pageant mentioned in the article?

A) It is the first Indian pageant outside of India.
B) It is the second-longest-running Indian pageant outside of India.
C) It is the longest-running Indian pageant outside of India.
D) It is a regional pageant held within the United States.

Answer: C) It is the longest-running Indian pageant outside of India.

Explanation: The Miss India USA pageant, organized by Worldwide Pageants and founded by Indian-Americans Dharmatma and Neelam Saran, holds the distinction of being the longest-running Indian pageant outside of India.

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