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Daily Current Affairs 4 and 5 December 2023


11. What led to a decline in Foreign Direct Investment (FDI) inflows from the Cayman Islands and Cyprus to India?

A. Economic Recession

B. Political Unrest

C. COVID-19 Pandemic

D. Policy Changes

Discuss Work Space

Answer: option d

Explanation:

FDI inflows from the Cayman Islands and Cyprus to India witnessed a decline due to policy changes, contributing to an overall 24% contraction in FDI inflows.

12. Since when has India attracted FDI proposals totaling ₹1 lakh crore from countries sharing its land borders?

A. April 2019

B. April 2020

C. April 2021

D. April 2022

Discuss Work Space

Answer: option b

Explanation:

India has attracted FDI proposals totaling ₹1 lakh crore from countries sharing its land borders since April 2020.

13. What was India's manufacturing Purchasing Managers Index (PMI) in November, indicating a positive trajectory?

A. 54.5

B. 56

C. 57.5

D. 59

Discuss Work Space

Answer: option b

Explanation:

India's manufacturing PMI in November reached 56, showing a slight uptick from October's 55.5 and indicating a rebound from the slowest rate of expansion recorded in October.

14. What significant update did LIC announce in its governance structure?

A. Introduction of New Insurance Plans

B. Merger with Another Insurance Company

C. Addition of Shareholder's Director to the Board

D. Expansion of International Operations

Discuss Work Space

Answer: option c

Explanation:

LIC announced a significant update by introducing a framework for adding a shareholder's director to its board.

15. With which energy company did Infosys enter into a strategic partnership for sustainable data centers?

A. ExxonMobil

B. Chevron

C. BP

D. Shell

Discuss Work Space

Answer: option d

Explanation:

Infosys entered into a strategic partnership with Shell to drive the adoption of immersion cooling services in data centers.


Daily Current Affairs 4 and 5 December 2023 FAQ

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