The purpose of the Daily Current Affairs 11 October 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 11 October 2023
| 11. | What percentage of the fiscal deficit target for FY24 has been reached in the April-August period? |
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A. 10%
B. 20%
C. 36%
D. 50%
View Answer Discuss Work SpaceAnswer: option c
Explanation:
The fiscal deficit for the April-August period in FY24 reached 36% of the full-year target, according to data released by the Controller General of Accounts.
| 12. | What significant change has been introduced under the Foreign Trade Policy (FTP) 2023? |
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A. Reduction of export taxes
B. Introduction of import quotas
C. System-based automatic 'Status Holder' certificates
D. Increased customs duties
View Answer Discuss Work SpaceAnswer: option c
Explanation:
The significant change introduced under the Foreign Trade Policy (FTP) 2023 is the issuance of system-based automatic 'Status Holder' certificates, eliminating the need for exporters to submit applications for such certificates.
| 13. | With which organization has IDFC FIRST Bank tied up to present the "40After40" retirement planning event? |
|---|
A. Reserve Bank of India (RBI)
B. National Stock Exchange (NSE)
C. Outlook Group
D. Pension Fund Regulatory and Development Authority (PFRDA)
View Answer Discuss Work SpaceAnswer: option c
Explanation:
IDFC FIRST Bank has tied up with Outlook Group to present the "40After40" retirement planning event.
| 14. | What is the objective of the 'Bima Vahaks' initiative announced by IRDAI? |
|---|
A. To promote insurance coverage for senior citizens
B. To create a dedicated distribution channel for insurance services
C. To regulate insurance premiums
D. To provide subsidies to insurance companies
View Answer Discuss Work SpaceAnswer: option b
Explanation:
The 'Bima Vahaks' initiative announced by IRDAI aims to create a dedicated distribution channel for insurance services in every Gram Panchayat across India, especially focusing on women.
| 15. | How is Adani Ports and Special Economic Zone (APSEZ) preparing for unforeseen events affecting its operations? |
|---|
A. By reducing its workforce
B. By relocating its headquarters
C. By implementing a business continuity plan
D. By outsourcing its operations
View Answer Discuss Work SpaceAnswer: option c
Explanation:
Adani Ports and Special Economic Zone (APSEZ) is preparing for unforeseen events affecting its operations by implementing a robust business continuity plan.
Daily Current Affairs 11 October 2023 FAQ
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