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Daily Current Affairs 1 to 3 January 2024


6. On which date did DRDO celebrate its 66th Foundation Day in 2024?

A. December 29

B. January 1

C. January 30

D. January 2

Discuss Work Space

Answer: option b

Explanation:

DRDO celebrated its 66th Foundation Day on January 1, 2024, marking a significant journey of innovation and self-reliance in India's defence sector.

7. What was the growth rate in GST collections for December 2023 compared to the same month the previous year?

A. 5%

B. 10.28%

C. 15%

D. 20%

Discuss Work Space

Answer: option b

Explanation:

GST collections for December 2023 reached ₹1,64,882 crore, marking a notable 10.28% surge compared to the ₹1,49,507 crore collected in the same month the previous year.

8. By what percentage did UPI transactions grow year-on-year in December 2023?

A. 30%

B. 42%

C. 50%

D. 60%

Discuss Work Space

Answer: option b

Explanation:

UPI transactions in December 2023 grew by an impressive 42% year-on-year, reaching a value of Rs 18 lakh crore.

9. What is the purpose of electoral bonds in India?

A. Funding political campaigns

B. Currency exchange

C. Corporate investments

D. Agricultural subsidies

Discuss Work Space

Answer: option a

Explanation:

Electoral bonds in India serve as an alternative to cash donations, aiming to enhance transparency in political funding for registered political parties.

10. What is the record growth in Mudra loans in Q3 FY24, reaching a milestone of ₹3-lakh crore?

A. 10%

B. 16%

C. 20%

D. 25%

Discuss Work Space

Answer: option b

Explanation:

Mudra loans in Q3 FY24 showed a record growth of 16%, reaching ₹3-lakh crore, with women applicants playing a significant role in driving the growth.


Daily Current Affairs 1 to 3 January 2024 FAQ

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