The purpose of the Daily Current Affairs 3 December 2023 MCQ and Quiz on BestHai.in is to provide a valuable resource for competitive exam preparation. It offers questions based on the most recent national and international events, helping you stay updated and practice for exams like UPSC, SSC, Banking, and Placement exams.
Daily Current Affairs 3 December 2023
| 6. | What contributed to the significant increase in India’s foreign exchange reserves according to the Reserve Bank of India? |
|---|
A. Increase in gold reserves
B. Inflow of foreign portfolio flows into the debt market
C. Rise in exports
D. Reduction in government spending
View Answer Discuss Work SpaceAnswer: option b
Explanation:
The significant increase in foreign exchange reserves is attributed to substantial foreign portfolio flows into the Indian debt market, strategically managed by the Reserve Bank of India to regulate the rupee’s value.
| 7. | How much did India’s Goods and Services Tax (GST) collections rise by year-on-year in November 2023? |
|---|
A. 10%
B. 15%
C. 20%
D. 25%
View Answer Discuss Work SpaceAnswer: option b
Explanation:
India’s GST collections for November 2023 surged by an impressive 15% year-on-year, reaching a total of ₹1.68 lakh crore.
| 8. | What is the revised GDP growth forecast for India by Goldman Sachs for the calendar year 2023? |
|---|
A. 6.5%
B. 6.7%
C. 6.9%
D. 7%
View Answer Discuss Work SpaceAnswer: option b
Explanation:
Goldman Sachs has raised India’s growth forecast for the calendar year 2023 by 20 basis points, now standing at an impressive 6.7% year-on-year.
| 9. | How much has the Unified Payments Interface (UPI) platform recorded in transactions in November 2023? |
|---|
A. ₹15.00 lakh crore
B. ₹16.00 lakh crore
C. ₹17.40 lakh crore
D. ₹18.50 lakh crore
View Answer Discuss Work SpaceAnswer: option c
Explanation:
UPI transactions in November 2023 reached ₹17.40 lakh crore, showing a 1.4% increase from the previous month and a 46% year-on-year growth.
| 10. | Which private equity firm acquired Atha Group’s 404MW solar power assets for approximately ₹2,100 crore? |
|---|
A. Blackstone
B. Actis
C. KKR
D. TPG
View Answer Discuss Work SpaceAnswer: option b
Explanation:
Actis Llp, through its portfolio company BluPine Energy, acquired Atha Group’s 404MW solar power assets for an equity value of approximately $100 million and an enterprise value of ₹2,100 crore.
Daily Current Affairs 3 December 2023 FAQ
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