7th December 2024 Current Affairs Quiz

7th December 2024 Current Affairs Quiz

ca-quiz

Test your knowledge with the latest quiz on current affairs from 7th December! Stay updated and challenge yourself with key events and happenings around the world.

1.The Bharatiya Vayuyan Vidheyak, 2024, replaces which of the following acts?

A) Aircraft Act of 1952

B) Aircraft Act of 1934

C) Civil Aviation Act of 1947

D) Air Traffic Management Act of 1960

E) Aviation Safety Act of 1981

Answer key :                       B) Aircraft Act of 1934

Explanation:

The Bharatiya Vayuyan Vidheyak, 2024, replaces the Aircraft Act of 1934, which had been in place for 90 years. This new bill aims to streamline aviation regulations in India, aligning them with international standards while fostering growth and self-reliance in the sector.

2.How much did the Sex Ratio at Birth (SRB) improve under the Beti Bachao Beti Padhao (BBBP) scheme?

A) From 918 to 924

B) From 918 to 930

C) From 920 to 930

D) From 910 to 925

E) From 915 to 930

Answer Key:    B) From 918 to 930

Explanation:

The Sex Ratio at Birth (SRB) improved from 918 in 2014-15 to 930 in 2023-24 as per the Health Management Information System (HMIS) data. This improvement is a significant achievement under the Beti Bachao Beti Padhao (BBBP) scheme, which aims to address gender inequality and promote the protection and education of the girl child.

3.On which day was the bust of Mahatma Gandhi unveiled at the Nebraska State Capitol in 2024?

A) December 4

B) December 5

C) December 6

D) December 7

E) December 8

Answer Key:    C) December 6

Explanation:

The bust of Mahatma Gandhi was unveiled at the Nebraska State Capitol on December 6, 2024. This day was declared as “A Day of Remembrance for Mahatma Gandhi” by Nebraska Governor Jim Pillen to honor Gandhi’s principles of non-violence, tolerance, and justice. The event showcased cultural understanding and the strong partnership between the Indian Consulate in Seattle and the Governor’s Office in Nebraska.

4.As per which bank’s report, India’s GDP growth is expected to drop below 6.5% for FY 2024-25 due to slowed growth in Q2FY25?

A) Reserve Bank of India (RBI)

B) Punjab National Bank (PNB)

C) HDFC Bank

D) State Bank of India (SBI)

E) Axis Bank

Answer Key:   D) State Bank of India (SBI)

Explanation:

The report forecasting a decline in India’s GDP growth to below 6.5% for FY 2024-25 (FY25) was released by the Economic Research Department (ERD) of the State Bank of India (SBI) on 29th November 2024. The report highlighted that GDP growth in Q2FY25 (July-September) slowed to 5.4%, primarily due to sluggish growth in the industry sector, which decelerated to a 6-quarter low of 3.6%. This marked the first time in 7 quarters that GDP growth fell below 6.0%.

5.What change did the Reserve Bank of India (RBI) make to support economic growth as part of its monetary policy updates?

A) Increased the key interest rate

B) Reduced the Cash Reserve Ratio (CRR)

C) Raised the Statutory Liquidity Ratio (SLR)

D) Introduced a new lending scheme

E) Increased the Repo Rate

Answer Key:  B) Reduced the Cash Reserve Ratio (CRR)

Explanation:

As part of its monetary policy updates, the RBI, led by Governor Shaktikanta Das, decided to reduce the Cash Reserve Ratio (CRR). This move aims to inject liquidity into the economy, thereby supporting economic growth. The key interest rate was left unchanged due to ongoing inflation risks. By lowering the CRR, banks are required to hold a smaller portion of their deposits as reserves with the RBI, enabling them to lend more, which stimulates economic activity.

6.By how much did India's gold reserves surge in October 2024, according to the World Gold Council (WGC) data?

A) 800 tonnes

B) 850 tonnes

C) 882 tonnes

D) 900 tonnes

E) 950 tonnes

Answer Key:  C) 882 tonnes

Explanation:

As per the World Gold Council (WGC) data, India’s gold reserves surged to 882 tonnes in October 2024. This increase was driven by the Reserve Bank of India’s (RBI) addition of 27 tonnes of gold during this period. It marks a remarkable five-fold increase in gold purchases compared to the same period in 2023, with the RBI purchasing 77 tonnes of gold from January to October 2024. This surge underlines India’s significant contribution to the global gold demand, as central banks worldwide collectively bought 60 tonnes of gold in October, with the RBI leading the trend.

7.For customers of what age group has Federal Bank Limited launched the ‘Esteem Savings Account’ scheme?

A) 40 years and above

B) 50 years and above

C) 55 years and above

D) 60 years and above

E) 65 years and above

Answer Key:     C) 55 years and above

Explanation:

Federal Bank Limited, headquartered in Aluva, Kerala, launched the ‘Esteem Savings Account’, a specially designed account to meet the financial needs of customers aged 55 years and above. The account provides a range of exclusive benefits, including free yearly health check-ups, hospital cash facilities, and doctor-on-call services, along with airport lounge access and discounts on health and elder care services. It also extends complimentary zero balance accounts for the spouse and two grandchildren, as well as no fees on commonly used banking services like debit card issuance and NEFT/RTGS transfers. This initiative specifically caters to the diverse and evolving financial requirements of senior customers.

8.Who has been reappointed as the Director General (DG) of the World Trade Organization (WTO) for a consecutive four-year term in November 2024?

A) Kristalina Georgieva

B) Ngozi Okonjo-Iweala

C) António Guterres

D) Ursula von der Leyen

E) Amina J. Mohammed

Answer Key:  B) Ngozi Okonjo-Iweala

Explanation:

In November 2024, the World Trade Organization (WTO) General Council unanimously reappointed Ngozi Okonjo-Iweala for a second consecutive four-year term. Her second term as DG will begin on September 1, 2025, after the conclusion of her first term on August 31, 2025. Ngozi Okonjo-Iweala made history in March 2021 by becoming the first woman and the first African to lead the WTO, further solidifying her legacy as a trailblazer in international trade and governance.

10.What was the decline in India’s unemployment rate from 2017 to 2024, as per the latest Annual Periodic Labour Force Survey (PLFS) data?

A) From 8% to 4.5%

B) From 7% to 5%

C) From 6% to 3.2%

D) From 5.5% to 3%

E) From 6.5% to 4%

Answer Key:    C) From 6% to 3.2%

Explanation:

India’s unemployment rate saw a significant reduction from 6% in 2017 to 3.2% in 2024, as reported by the Annual Periodic Labour Force Survey (PLFS). This improvement reflects robust job creation over the years, overcoming challenges such as the COVID-19 pandemic. The substantial decline signifies a positive trend in the country’s economic and employment growth, marking a move away from earlier concerns about “jobless growth.” This progress was accompanied by an increase in the Worker Population Ratio (WPR) from 46.8% to 58.2%, underscoring the nation’s efforts toward enhanced employment opportunities

10.Which country has been named to chair the 68th Session of the UN Commission on Narcotic Drugs (CND)?

A) United States

B) India

C) China

D) Germany

E) Brazil

Answer Key:   B) India

Explanation:

India has achieved a historic milestone by being named to chair the 68th Session of the UN Commission on Narcotic Drugs (CND). This marks the first time the country has taken on this prestigious role. Ambassador Shambhu S Kumaran, India’s Permanent Representative to the United Nations in Vienna, assumed the chairmanship, signifying India’s growing influence in international policy-making forums. The CND is a critical body of the UN that focuses on addressing global drug-related challenges and fostering international cooperation on drug control strategies. India’s leadership reflects its commitment to combating drug abuse and enhancing global collaboration on narcotics regulation.

11.When was Armed Forces Flag Day first observed in India?

A) December 7, 1945

B) December 7, 1947

C) December 7, 1949

D) December 7, 1951

E) December 7, 1953

Answer Key:   C) December 7, 1949

Explanation:

Armed Forces Flag Day was first observed on December 7, 1949. Initiated under the Ministry of Defence, this day aims to honor the sacrifices and dedication of Indian Armed Forces personnel, including the Army, Navy, and Air Force. The event was introduced to raise funds for the welfare of armed forces personnel, veterans, and their families by distributing symbolic flags, fostering public awareness and gratitude for the nation’s protectors. This tradition has continued annually, reflecting the country’s respect and support for its military forces

12.On which day has the UN General Assembly declared World Meditation Day?

A) June 21

B) December 21

C) January 1

D) March 21

E) November 21

Answer Key: B) December 21

Explanation:

The UN General Assembly (UNGA) has declared December 21 as World Meditation Day. The date coincides with the Winter Solstice, which holds significance in Indian tradition as a time for reflection and spiritual growth. This day was chosen to promote comprehensive well-being, inner peace, and resilience against modern challenges such as stress and anxiety. The initiative was co-sponsored by India and supported by countries like Liechtenstein, Sri Lanka, Nepal, Mexico, and Andorra. This observance complements the International Day of Yoga celebrated on June 21 (the Summer Solstice), underlining India’s global leadership in wellness practices.

13.Which organization established International Civil Aviation Day (ICAD)?

A) World Health Organization (WHO)

B) United Nations General Assembly (UNGA)

C) International Civil Aviation Organization (ICAO)

D) World Trade Organization (WTO)

E) International Monetary Fund (IMF)

Answer Key:  B) United Nations General Assembly (UNGA)

Explanation:

International Civil Aviation Day (ICAD) was established by the United Nations General Assembly (UNGA) in 1996 to recognize the importance of civil aviation in global development. This day highlights the contributions of aviation in fostering economic growth, cultural exchange, and global connectivity. While the International Civil Aviation Organization (ICAO) is the specialized UN agency for civil aviation, it was the UNGA that formally proclaimed December 7 as ICAD

14.Who passed away in November 2024, renowned as a Malayalam playwright and Kendra Sahitya Akademi awardee?

A) M.T. Vasudevan Nair

B) Omchery N.N. Pillai

C) C.G. Rajendra Babu

D) Kamala Das

E) V.K. Krishna Menon

Answer Key:   B) Omchery N.N. Pillai

Explanation:

Professor Omchery N.N. Pillai, a renowned Malayalam playwright and writer, passed away in November 2024 at the age of 100 in New Delhi. He was a recipient of the Kendra Sahitya Akademi Award, a prestigious honor for his contributions to literature. Born on February 1, 1924, in Kottayam, Kerala, his death marked the end of a significant era in Malayalam literature.

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