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Daily Current Affairs - 24 September 2023


6. What type of missile is the Dhruvastra missile, which was officially approved by the Indian Defence Acquisition Council (DAC)?

A. Air-to-air missile

B. Anti-submarine missile

C. Short-range air-to-surface missile

D. Cruise missile

Discuss Work Space

Answer: option c

Explanation:

The Dhruvastra missile is a short-range air-to-surface missile designed for deployment on indigenously built DHRUV MK-IV helicopters.

7. What is the name of Israel's cutting-edge main battle tank that was recently unveiled?

A. Merkava Mark 3

B. Merkava Mark 4

C. Merkava Mark 5 (Barak)

D. Merkava Mark 6

Discuss Work Space

Answer: option c

Explanation:

Israel unveiled its cutting-edge main battle tank, the Merkava Mark 5, which is also known as "Barak."

8. What significant step did JP Morgan Chase & Co. take regarding Indian government bonds?

A. JP Morgan Chase & Co. will stop trading Indian government bonds.

B. JP Morgan Chase & Co. will reduce its investments in Indian government bonds.

C. JP Morgan Chase & Co. will include Indian government bonds in its benchmark emerging-market index.

D. JP Morgan Chase & Co. will launch its own cryptocurrency based on Indian government bonds.

Discuss Work Space

Answer: option c

Explanation:

JP Morgan Chase & Co. decided to include Indian government bonds in its benchmark emerging-market index, which is expected to attract substantial foreign investments into India's debt market.

9. Which Indian bank recently launched the 'NEO for Business' banking platform for MSMEs?

A. State Bank of India (SBI)

B. HDFC Bank

C. Axis Bank

D. ICICI Bank

Discuss Work Space

Answer: option c

Explanation:

Axis Bank recently unveiled its Transaction Banking platform called 'NEO for Business,' designed to cater to the evolving needs of Indian Micro, Small, and Medium Enterprises (MSMEs).

10. What is the projected real GDP growth for India in FY24, as per the Union Ministry of Finance's Monthly Economic Review?

A. 5.0%

B. 6.0%

C. 6.5%

D. 7.0%

Discuss Work Space

Answer: option c

Explanation:

The Union Ministry of Finance projected a 6.5% real GDP growth for India in FY24, as per its Monthly Economic Review.


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