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Daily Current Affairs 29 November 2023


6. What is the revised GDP growth projection for India in the financial year 2024 according to S&P Global Ratings?

A. 5.8%

B. 6.4%

C. 6.9%

D. 7.2%

Discuss Work Space

Answer: option b

Explanation:

S&P Global Ratings revised India's GDP growth projection for the financial year 2024 to 6.4%, up from the previous estimate of 6%.

7. In which markets did India's engineering exports experience positive growth in October?

A. China, Japan, and South Korea

B. US, Saudi Arabia, and UAE

C. Australia, New Zealand, and Singapore

D. Brazil, Mexico, and Argentina

Discuss Work Space

Answer: option b

Explanation:

India's engineering exports showed positive growth in key markets such as the US, Saudi Arabia, and the UAE in October.

8. What is the name of the AI-powered chat assistant launched by IndiGo?

A. 6Eskai

B. AirAssist

C. ChatMaster

D. FlyTech

Discuss Work Space

Answer: option a

Explanation:

IndiGo launched an AI-powered chat assistant named "6Eskai" to enhance customer service in a variety of languages, powered by Microsoft's GPT-4 technology.

9. What is SEBI's plan regarding the trade settlement process in India's financial markets?

A. Same-day settlement by March 2024

B. Weekly settlement by 2025

C. Monthly settlement by 2026

D. No changes to the current settlement process

Discuss Work Space

Answer: option a

Explanation:

SEBI plans to implement same-day settlement of trades in India's financial markets by March 2024, marking a significant leap from the existing T+0 settlement cycle.

10. Why did SEBI reduce the minimum issue size for Not for Profit Organisations (NPOs) on the social stock exchange?

A. To increase fundraising barriers

B. To attract more NPOs to the stock exchange

C. To discourage social impact initiatives

D. To promote larger public issuances

Discuss Work Space

Answer: option b

Explanation:

SEBI reduced the minimum issue size for NPOs on the social stock exchange to Rs 50 lakh to make fundraising more accessible for them and encourage social impact initiatives.


Daily Current Affairs 29 November 2023 FAQ

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